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Does anyone here use Bitcoins?

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Renegade:
Ex-US Mint director just bought his first Bitcoin:

https://twitter.com/EdmundCMoy/status/489185805382868992

I bought my first bitcoin last week.  Easy peasy.
--- End quote ---

It's happening. ;)

ediblesound:
I'm looking for a feed to plug in to MT5, Metatrader five- because I have some nice stuff I'd like to run it through- and then of course I need an excel feed, where I'm busy developing things in there...    I really like technical analysis, and harmonic resonance and reflective waves and that kind of stuff.  The reverberations in market movements—interactive fields of co-expressed emotional and reasoned action-reaction, generally whether by finger or mentally designed algorithm (!!)— are so holographic it's almost as if time is nonexistent - you can practically pinpoint when and where certain movements will end up- with remarkable accuracy, I love it.....


No matter how rigged the game is- the remedy is to rig the rigging (i.e. technical analysis to reverse engineer technical analysis, social engineering to reverse social engineering, etc.) -   every backdoor has a backdoor! At least I expect as much!

XAUUSD goes from 1292-to 1311 how often, as a rough example.... (or visaversa, and 1264, 1301 and 1327-30) it's all math- and that- it's fractal-like, incredibly beautiful....  art in numbers...... nature in digits!

Will BTC Displace
1 Special Drawing Right - SDR = 1.5413 US Dollar      
1 XDR = 1.5413 USD      
As of Wednesday, Jul 16, 2014, 01:26 PM GMT      
????
For oil companies?


What matters to me-   Protecting the things I care about- enhancing life for me and who I love, and those that follow after- what can I make a difference in...   What is realistic? what is my responsibility? Who do I answer to?   I go back to when to trace issues like fiat ("so be it!") ?  I've read things about roman insurance fraud, nero and the "assumed" death of unaccounted for individuals after the fire in Rome, and insurance policies, ???(LOL!!!)  Who knows!?  it's an old thing, it seems!

Does the sound of wonder, joy and satisfaction disrupt and inhibit any silent weapons for quiet wars?  At least on the individual level I expect- and the criticality I see as perniciously persistant is the grave effects of long term influence- but it's not so grave as it is an incredibly extended form of social leverage- a multi-generational tool that has like a fractal seed in the perinatal environment- where children are the key to the world!  

Everybodies' bottom line is a complicit amalgam of eachothers, yet individually we can exhalt the experience, but how much further, or differently can the experience be exhalted together?  This I don't know, but I wonder about:  Can entire galaxies be created by the thoughts of a very motivating and conscious few, or many?   Who knows, And as I look upon the universe- Do I see an unforgiving faceless nameless sea of non-emotional black, or do I see a seE of inviting infinite wonder beckoning me to pry further, try harder, and imagine vaster?


So it matters- but does it matter so much- enough for me to decide for another? That removes their bottom line experience!   And while we do all decide for the  each other in influence, Experience, perception is INTRINSICALLY a facet WITH individual freedom, individual free agency, individual responsibility, yet there is a natural law that sifts everybody and their choices consequentially to a balance through out the whole, and so things work out, naturally, and there is room for wonder, and all the rest- yet ire seems to me to be better reserved for where it is used effectively!

One of the pivotal moments for me was when I realized that in all my outrage about supposed issues, I discovered it is actually a passion rooted in love, like everything else.  It seems I always knew this- and it is amazing the journeys possible - internally, one can go through just in the way they look into the world, -  quite a trip reality can be....  With the exquisite twists and turns of the most fascinating thriller edge of the seat fantasy....

40hz:
^ havent heard that one before 40 :up:
Sounds suspiciously like a Libertarian (in the U.S. sense) song though :p
-
and wasnt that partly the reason Bitcoin got going in the first place?

-tomos (July 15, 2014, 07:17 PM)
--- End quote ---

@tomos- Ewan McColl was (among other things) a labor activist with definite communist philosophical leanings. At least AFAIK. He was a YCL member at one point in his life, and never attempted to deny or apologize for being one. Even during certain times when it wasn't wise (or healthy) to be called one.

In that Libertarians are the polar opposite of Socialists (in theory so they say - even though much of their rhetoric and arguments are oddly similar to those of the Socialist camp) I think Ewan would be the first to vehemently disagree with you on that point. ;D

That said, it's still a great protest song. My Linux crowd often breaks out singing an impromptu verse or two whenever some new boneheaded bit of tech legislation comes up for discussion at our meetings. The second to last verse is especially popular.  8)

40hz:
Yet another fly in the ointment. This from Wired:

New York’s New Bitcoin Rules Are Going to Kill Its Startups

    By Robert McMillan 
    07.17.14  |  2:15 pm  |
   

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies, and at first blush, they look like they were written for the 19th century banking industry, not the modern fast-changing world of crypto currencies.

The guy responsible for the rules, Benjamin Lawsky, has a fine line to walk. Bitcoin, after all, came of age as a lubricant for illegal activity on the Silk Road. But today, a new generation of bitcoin startups are coming of age with millions of dollars in backing from legitimate venture capital companies. Is New York about to drive these startups out of town by clubbing them with onerous regulations before they can walk? Quite possibly. The New York regulations introduce a new level of reporting rules that cover a wider swath of businesses and require more work than the current federal guidelines.

The guidelines ask bitcoin businesses to keep track not only of the physical addresses of their customers, but also of anybody who sends their customers money using the bitcoin network. That undermines the fundamental value proposition of bitcoin, which works very much like the internet’s version of cash. But there’s more. Bitcoin businesses must also file frequent reports to Lawsky’s organization, the New York State Department of Financial Services, or DFS, to detail changes in ownership, financial forecasts, even strategic business plans. <more>
--- End quote ---

A complete copy of the NYC-DFS draft regulation discussed above can be downloaded here.

Renegade:
Leave it to the nannies in New York to sit the babies on their lap for a suck on their tit while their... I'll skip that as it gets overly obscene very quickly. I think you can imagine for yourselves.

New York isn't doing itself any favours. Nobody gives a rat's ass about New York. That state has a solid record of abusive legislation, and that trend isn't going to stop.

From the article:

New York State has released a first draft of its much-anticipated plan to regulate bitcoin and other virtual currencies
--- End quote ---

LIES!

Notice that they at no point try to regulate Bitcoin. Because Bitcoin cannot be regulated. The state of New York only has the power to abuse its own citizens (or people inside of its borders) and no power over the rest of us outside of New York.

Look at how cars are regulated. There are laws about seat belts and head lamps and all kinds of things that go into cars.

This does not happen in the software world.

Software cannot be regulated like that.

Reality doesn't work that way.

Trying to regulate software is nothing short of legislating "thought crimes" or banning free speech.

Has anyone ever heard of LAME?

LAME = Lame Ain't an MP3 Encoder

LAME has never been prosecuted because it is nothing but free speech. Period.

I don't understand why nobody every brings up LAME in this context. It just seems obvious to me. (And I'm finally bringing it up.)

Bitcoin is the same thing.

Nobody is going to try to say, "Line 27 of bitcoin.cpp must be amended to..." No. Politicians don't write code. If they did, oh god... that's a nightmare...

The kleptocrats with guns will sit there and watch what you do and bludgeon you to death if you DO anything they don't want you to do, but they won't step on free speech that easily, and they can't step on free speech everywhere. The world hasn't reached that level of totalitarianism yet. They're trying, but they're in for a fight.

Reddit thread where buddy announced that:

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/

Some good posts:

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizyqyz

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cizzoyn

http://www.reddit.com/r/Bitcoin/comments/2aycxs/hi_this_is_ben_lawsky_at_nydfs_here_are_the/cj001u3

2x more comments than votes up.

New York is screwing itself.

From the article:

Roger Ver, a libertarian who and serial bitcoin business investor, believes that—if adopted— the rules will drive bitcoin businesses out of New York. “These men calling themselves government are not asking anybody to do anything. They are making demands, and will put us behind bars if we don’t obey,” he says. “Bitcoin was specifically designed to strip away power from men who would be so presumptuous to believe that they have the right to rule over others.”
--- End quote ---

Ver is bang on.

He did an interview with James Corbett of The Corbett Report for Boiling Frogs Post. Worth watching.



Interview starts at 2:07.

This isn't going to work out well for New York. The population there is insignificant compared to the rest of the world. Bitcoin businesses will move elsewhere to friendlier places.

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