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Last post Author Topic: Does anyone here use Bitcoins?  (Read 184855 times)

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #650 on: November 24, 2014, 05:54:07 AM »
Super_Simple_resized_IMG_3799_400x300.jpg
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

tomos

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Re: Does anyone here use Bitcoins?
« Reply #651 on: November 24, 2014, 07:50:35 AM »
^ hah, that must be you with Andreas Antonopoulos in Melbourne :)
I presume you enjoyed
Tom

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #652 on: November 24, 2014, 10:29:21 AM »
^ hah, that must be you with Andreas Antonopoulos in Melbourne :)

Yup!

I presume you enjoyed

Very much!

He is a brilliant mind and I was very happy to have met him.

At one point in his speaking, I could see the emotions beginning to flow up to the forefront, and him holding them back. (I was in the front row.) What he talks about matters because he talks about things that affect people's lives in very deep and practical ways.

In many ways some of what he talks about is deeply saddening, but then he presents great hope.

Long before I became involved in Bitcoin, I was cheering it on because I could see good coming out of it.

Now, more than ever, I am still cheering for those same reasons.

"Another world is possible, and we pledge to make it real."

The Pledge of Resistance - Original:



Mix by Jeff Berwick (brilliant):



(I listen to this regularly as it is, well, listen and you'll know why.)

And when people understand that, they will stop using the blood currencies of the warmongering states and start transacting in the currency of voluntarism, peace, and freedom - Bitcoin.

The more people use Bitcoin and stop using fiat, the less power the vampiric, bloodthirsty, warmongering politicians will have.

Make no mistake - we're headed for war right now. Just look at the economies --- states with weak economies go to war. Today is not an exception in history.

The question now is whether people will support more mass murder or not.

Quote
SAUL WILLIAMS PLEDGE OF RESISTANCE LYRICS
We believe that as people living
in the United States it is our
responsibility to resist the injustices
done by our government,
in our names


Not in our name
will you wage endless war
there can be no more deaths
no more transfusions
of blood for oil


Not in our name
will you invade countries
bomb civilians, kill more children
letting history take its course
over the graves of the nameless


Not in our name
will you erode the very freedoms
you have claimed to fight for


Not by our hands
will we supply weapons and funding
for the annihilation of families
on foreign soil


Not by our mouths
will we let fear silence us


Not by our hearts
will we allow whole peoples
or countries to be deemed evil


Not by our will
and Not in our name


We pledge resistance


We pledge alliance with those
who have come under attack
for voicing opposition to the war
or for their religion or ethnicity


We pledge to make common cause
with the people of the world
to bring about justice,
freedom and peace


Another world is possible
and we pledge to make it real.
[/size]

Ideas matter. They're important.

Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

40hz

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Re: Does anyone here use Bitcoins?
« Reply #653 on: November 24, 2014, 11:00:56 AM »

Ideas matter. They're important.


However, the implementation and execution of ideas are even more important.

Without meaningful, sustainable, and ultimately successful action, they're just more rhetoric.

 8)

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #654 on: November 24, 2014, 06:55:10 PM »
However, the implementation and execution of ideas are even more important.

Without meaningful, sustainable, and ultimately successful action, they're just more rhetoric.

 8)

Bitcoin is still a pretty young technology, and the things happening right now are changing the world. Even "the Internet of money" is a limited view of it.

Smart contracts, tokenized property, micro payments, and arbitrary escrow are just a few things there.

It's more than just rhetoric. It's a multi-billion dollar economy with millions of participants and this is just its infancy.
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

barney

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Re: Does anyone here use Bitcoins?
« Reply #655 on: November 24, 2014, 07:28:19 PM »
Smart contracts, tokenized property, micro payments, and arbitrary escrow are just a few things there.

It's more than just rhetoric.
Well, it is rhetoric, at least to me  :huh:.  For instance:
  • Contracts are neither smart nor dumb (although the parties involved may be).  
  • If you pay $1.00 (USD) once, or a penny 100 times, you still pay the same amount (unless there's interest involved).
How does Bitcoin change that perspective  :-\?

Further, as the Internet gets more and more nationalized, how does Bitcoin survive?  If I cannot contact someone in China, how can I pay them or receive payment from them?  Bitcoin, insofar as I can determine, requires a free and open Web - which is currently being strangled by a significant number of nations.

I'm not averse to the concept, but I simply do not see it surviving in current political climate(s)  :'(.

40hz

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Re: Does anyone here use Bitcoins?
« Reply #656 on: November 24, 2014, 08:09:13 PM »
However, the implementation and execution of ideas are even more important.

Without meaningful, sustainable, and ultimately successful action, they're just more rhetoric.

 8)

Bitcoin is still a pretty young technology, and the things happening right now are changing the world. Even "the Internet of money" is a limited view of it.

Smart contracts, tokenized property, micro payments, and arbitrary escrow are just a few things there.

It's more than just rhetoric. It's a multi-billion dollar economy with millions of participants and this is just its infancy.


Agree. A multi-billion dollar economy with millions of users that will be co-opted or assimilated by the current economic system. Not to say that reforms won't ride in along with it. But they will be reforms of existing institutions - not a sea change that will completely replace them.

People with power and guns (i.e. 90% of all current governments) don't relinquish their positions and perks without a fight. A real - as in physical - fight. Something which may come as a surprise to people who primarily see the world through a virtual perceptual framework.

Unless...unless...


Yup. And all we need is for the first 10,000 martyrs to throw themselves on the sword (along with their families and loved ones) and a new era will dawn. That's the unfortunate calculus of all revolutions.

So...any takers?  :huh:

dilbert-tranformational-change.png
« Last Edit: November 24, 2014, 08:21:01 PM by 40hz »

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #657 on: November 24, 2014, 11:14:56 PM »
People with power and guns (i.e. 90% of all current governments) don't relinquish their positions and perks without a fight. A real - as in physical - fight.

You remind me of this:



Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

40hz

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Re: Does anyone here use Bitcoins?
« Reply #658 on: November 24, 2014, 11:36:16 PM »
^Really? I don't even own a gun. Nor do I have any desire to use one. ;D

My point was just that people should know what they're getting into taking a rebel stand. And not delude oneself that a government will play by any sort of rules once the ball gets rolling. Or that's it's helpless in the face of a serious challenge. I saw government with it's claws and fangs out many years ago. It was a sobering lesson in reality. And that was genteel by today’s standards of militarized police forces.

The Oracle at Delphi said: Know thyself. To which I'd add: know what you're letting yourself in for.

 8)

tomos

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Re: Does anyone here use Bitcoins?
« Reply #659 on: November 25, 2014, 02:41:27 PM »
hmmm
what I like about bitcoin is that it's outisde the current system.
Does that equate with being rebellious? I dont think so - well not necessarily so. As 40 says, sometimes how you do something is more important, so we may have to wait a bit there.

I dont see this as a 'revolution' in it's traditional meaning -- I think those kind of revolutions never really work anyway -- they're mostly making relatively superficial changes.
What could work is grass roots change -- transformation even ;-)
And to people who think it cannot work -- in one of Antonopoulos's videos he talks about politicians already accepting bribes in bitcoin and this being the start of the end so-to-speak (do you remember which vid that was Ren?).

Re Bitcoin: I'm neither a 'believer' nor a cynic -- but I think bitcoin *is* going to change the world, how exactly, I dont know, but it's made a start already, and even if it fails as a currency, it has opened doors that cannot be closed.
Tom

40hz

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Re: Does anyone here use Bitcoins?
« Reply #660 on: November 25, 2014, 02:55:54 PM »
Re Bitcoin: I'm neither a 'believer' nor a cynic -- but I think bitcoin *is* going to change the world, how exactly, I dont know, but it's made a start already, and even if it fails as a currency, it has opened doors that cannot be closed.

Agree. But whatever it is, I don't think it will end up being bitcoin. However, Bitcoin might possibly have opened a door for something else.

Whether it will usher in a whole new age remains to be seen. "The street finds it's own uses for things." as William Gibson so aptly said in Neuromancer.

The web was supposed to be empowering and liberating. And maybe it has been. Sorta. But it's also created the potential for a ubiquitous and repressive surveillance state Orwell couldn't have glimpsed in his worst nightmare.

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #661 on: November 25, 2014, 06:27:17 PM »
^Really? I don't even own a gun. Nor do I have any desire to use one. ;D

I didn't mean to imply that you'd have a rifle in your hands. It was an allusion to the 4th box of liberty. You simply reminded me of that.

And to people who think it cannot work -- in one of Antonopoulos's videos he talks about politicians already accepting bribes in bitcoin and this being the start of the end so-to-speak (do you remember which vid that was Ren?).

He's probably said it a few times in a few different ways. He mentioned politicians taking bitcoin campaign contributions on Monday.

Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #662 on: November 29, 2014, 07:20:05 AM »
This is an interesting thread that goes over cracking with a lot of math.

http://www.reddit.co...mbers_letters_in_my/

No excerpts as it's a long thread, and they'd be almost meaningless.

Not a topic for novices, but those intermediate and advanced math/bitcoin/computing people will likely be entertained.
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #663 on: November 30, 2014, 03:36:44 AM »
Here's the presentation from last Monday:



Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #664 on: December 04, 2014, 06:28:05 AM »
I don't know what to think...  :huh:



Maybe it should be in the gamer forum...  :huh:
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Arizona Hot

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Re: Does anyone here use Bitcoins?
« Reply #665 on: December 06, 2014, 03:41:56 PM »
'Professor bitcoin' and the rise of crypto-currencies.jpg

'Professor bitcoin' and the rise of crypto-currencies

Do cyborgs have trouble thinking outside the case?

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #666 on: December 11, 2014, 02:53:58 AM »
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #667 on: December 12, 2014, 04:19:04 PM »
From Newegg:

http://blog.newegg.c...-mainstream-in-2015/

Quote
Bitcoin is Going Mainstream in 2015

...

End of article
The timing is right for Bitcoin to gain mass adoption and Microsoft’s acceptance is proof of that. There’s a reason one of the world’s most profitable companies believes in the future of Bitcoin and despite skepticism from some economists, it’s time for something new.

Just like plastic replaced paper, it’s time for ones and zeros to take over.


Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Stoic Joker

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Re: Does anyone here use Bitcoins?
« Reply #668 on: December 12, 2014, 10:58:16 PM »
I'm more concerned with its value dropping than its mainstream increasing. Cripes it's down to $350 USD now ...(that shit's making me nervous)... They need to dropkick it back up to at least the 500's..

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #669 on: December 13, 2014, 02:15:14 AM »
I'm more concerned with its value dropping than its mainstream increasing. Cripes it's down to $350 USD now ...(that shit's making me nervous)... They need to dropkick it back up to at least the 500's..

I hear ya, but I wouldn't worry too much. There are a TONNE of new businesses taking BTC and offering new services across a huge spectrum. Remittance will kick things into a higher gear when it gets rolling. The third world might be the next big thing for Bitcoin. But, just speculation...

BTW, did you mean 500k? ;)

TO THE MOOOON~~~~~~~~~!
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

40hz

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Re: Does anyone here use Bitcoins?
« Reply #670 on: December 13, 2014, 08:05:50 AM »
Who knows? Linus may just be right after all... ;)

greatbitcoin.jpg


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Re: Does anyone here use Bitcoins?
« Reply #671 on: December 13, 2014, 09:03:27 AM »
I'm more concerned with its value dropping than its mainstream increasing. Cripes it's down to $350 USD now ...(that shit's making me nervous)... They need to dropkick it back up to at least the 500's..

I doubt it will continue.

Right now the market is once again being manipulated, as bulls and bears battle it out with the charts as the scoreboard.

Eventually when the people playing with it have met their quotas, it will go sky high again and take everyone with it. There's enough actual usage for it now to keep it from dissappearing in any kind of hurry, and the economics of supply and demand should guide it once the big money people stop messing around.

Stoic Joker

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Re: Does anyone here use Bitcoins?
« Reply #672 on: December 13, 2014, 02:18:05 PM »
Right now the market is once again being manipulated, as bulls and bears battle it out with the charts as the scoreboard.

Yeah, well the greedy pricks can tickle their ass with higher numbers just as easily without crippling the average Joe who's just trying to get by.

The news last night mentioned that the Wall Street vampires were having a hissy fit because of the "Horrifically low" price of gas these days ... Which is in an antithetical contrast to all of the other news reports that say that the economy is finally getting its crippled ass up out of the gutter because of gas prices dropping below the viciously gouging anal rape price range.

...And yet they sit there all baffled looking because the common man wants to have them burned at the stake...because they don't "understand" what they're doing wrong. Much like the French ruling class right before the advent of the guillotine fad back in he day ... We need to do that again.

Renegade

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Re: Does anyone here use Bitcoins?
« Reply #673 on: December 13, 2014, 05:16:49 PM »
Keep in mind that oil prices dipping like this could be a signal for a crash. Canadian housing prices just dipped for the first time in 5 years. Spain & Greece have 50% youth unemployment. The Japanese economy is a shambles. The US has 0.34% cash to debt (near zero liquidity), which indicates that they have a lot of market power. The oil price crash is likely part of a broader economic war on Russia. GATA was right about the PM market being manipulated. They all are. Legislation is in place to bail-in the banks (i.e. steal money from people to cover bank losses). New legislation on derivatives went through. The derivatives market is 20x (or more) the size of the world economy. Will pension funds be raided? Can we say "bubble"?

I think we're poised for another crisis, and very well could be headed into another war.

That could push people to put their savings into assets that aren't affected by traditional economic factors, and Bitcoin fits the bill.

Right now with the price like it is, it seems like a buy & hold or buy & spend (with some holding) price. It's pretty cheap now.
Slow Down Music - Where I commit thought crimes...

Freedom is the right to be wrong, not the right to do wrong. - John Diefenbaker

Stoic Joker

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Re: Does anyone here use Bitcoins?
« Reply #674 on: December 14, 2014, 08:59:17 AM »
Keep in mind that oil prices dipping like this could be a signal for a crash.

Highly doubtful...unless it being intentionally orchestrated. The Oil Err... "Energy Companies" are simply running out of bullshit excuses for keeping the prices jacked up to crippling rates. Last I heard the US is producing 80+% on its own oil so the middle east boogie man (blame game) shenanigans don't fly anymore. They've fracking well known (pun intended) for years they could drop the price to a reasonable level and still rake in mountains of cash per minute - just like they still are right now - without vimpirically draining the economy for fun and profit Ferengi style.

This kind of crap is precisely why these elitist market ghouls need to be publically executed (by the public) as a warning to others.


Canadian housing prices just dipped for the first time in 5 years. Spain & Greece have 50% youth unemployment. The Japanese economy is a shambles.

Blah Blah Blah - Global Economy... Yet another daffy excuse for pillaging the middle class ... Who for some odd reason always seen to get obligated to take the brunt of the damage in the interest of protecting the aristocratic 1%.

 
The US has 0.34% cash to debt (near zero liquidity), which indicates that they have a lot of market power.

"Zero Liquidity" (e.g. no cash) equates to "Market Power" how exactly?? If you're broke, you're supposed to stop buying shit ... Unless you're intention is to star in one of the many blond jokes that end with "But I still have checks left?!?"..


The oil price crash is likely part of a broader economic war on Russia. GATA was right about the PM market being manipulated. They all are. Legislation is in place to bail-in the banks (i.e. steal money from people to cover bank losses). New legislation on derivatives went through. The derivatives market is 20x (or more) the size of the world economy. Will pension funds be raided? Can we say "bubble"?

The key to Russian Roulette, is you're supposed to point the gun at your own head when the trigger is pulled...not the head of guy next to you. Which is why we need to bring back the guillotine (French style) to assist in educating the aristocracy on what constitutes 'acceptable risk' - for the greater good...


That could push people to put their savings into assets that aren't affected by traditional economic factors, and Bitcoin fits the bill.


Or more likely push people into putting their savings into something that is dependent on an infrastructure that can be pulled out from under them at a moments notice in the interest of national security, or some other totally fabricated bull shit "reason".


Right now with the price like it is, it seems like a buy & hold or buy & spend (with some holding) price. It's pretty cheap now.

Nothing is ever "cheap"...if it's all you have.