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zzMisc fucked around with this message at 03:40 on Apr 11, 2014 |
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Apr 11, 2014 03:31
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Re: distributed storage - wuala has been doing that since 2008. when u join the network you give some of your hd to host encrypted pieces of the network and you get a proportional amount of space in return. or you can buy space from them. they have a white paper explaining the proof that it will all work but it's probably not as good as, you know, THE whitepaper. oh and someone posted something from /u/Cointrepreneur earlier. check his user page he posts way too much and it's all bi-polar.
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Apr 11, 2014 03:50
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Dren posted:you get a proportional amount of space in return
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Apr 11, 2014 04:39
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jony ive aces posted:so give 30GB receive 30GB? why not cut out the middleman (be your own cloud provider!!) well i dont want to store my canadian mountie porn on my own computer
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Apr 11, 2014 04:47
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jony ive aces posted:so give 30GB receive 30GB? why not cut out the middleman (be your own cloud provider!!) yeah but it's accessible from anywhere just like dropbox. im not sure why it never caught on it does most everything dropbox does and it was out first  edit: oh and duTriex I expect to see more interrobangs now that I know you have them on hotkey
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Apr 11, 2014 04:50
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jony ive aces posted:so give 30GB receive 30GB? why not cut out the middleman (be your own cloud provider!!) well it actually ended in 2012. anyway the way it worked is that you could get additional online storage accessible anywhere by giving up your existing storage. further, your online storage given would be modified by how foten your computer was connected - give 10 gb of your drive over but only have your computer connected 12 hours a day, and you'd only get 5 gb of online service these days its a simple free storage up to 5 gb and paid storage over that service. Nintendo Kid fucked around with this message at 04:54 on Apr 11, 2014 |
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Apr 11, 2014 04:52
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wuala is cool and had like no checks on referral emails so my account has like 40 gigs i never used. google drive is better until apple adds files to the icloud
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Apr 11, 2014 05:33
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Apr 11, 2014 05:34
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gently caress yeah i do
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Apr 11, 2014 05:38
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Say what you want about BitCoin in general but the technology behind it is pretty amazing. It has all the indicators - it empowers people, it endangers the status quo, it is distributed and decentralized and it cannot be stopped by "traditional means", hackers and geeks love it, youngsters understand it while old people don't... Bitcoin is not just a currency...it's proof of ownership. This will forever change the way the world operates and currency is a subset. This has opened a limitless number of other applications. Bitcoin is programmable money, and there are things you can do with it that you simply cannot do with fiat or gold. This is a revolution my friends. The chance of the revolution failing exist and denying it would be foolish, but every day that passes the chance of BTC going away are slimmer and slimmer. Cryptos are here to stay, what shape they will take in 5 or 10 years is anybody's guess, but I'm enjoying the ride and that is all that matters to me.
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Apr 11, 2014 05:39
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bitcoin both dropped 20% and rose 20% in a day. currency of the future.
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Apr 11, 2014 05:41
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Barry Silbert @barrysilbert Big milestone today for Bitcoin Investment Trust -- now holds over 100,000 bitcoin http://www.bitcointrust.co/ cc @BitcoinTrust [–]Vibr8gKiwi 44 points 5 hours ago amateurs selling to the pros. And then the pros will own the market. If I was conspiracy minded I'd think they were driving the market down by selling on the exchanges as they make deals off exchanges to buy from private parties with big amounts of bitcoin that are panicking. It's not like it's difficult to manipulate bitcoin as it's a small market. [–]jron 1 point 1 minute ago Every BTC sold is a BTC bought. The weak are getting fleeced. [–]wtjones 0 points 2 hours ago Without amateurs there isn't an reason for bitcoin to exist. [–]ExtraMegaDoge 14 points 4 hours ago This is why I'm bullish. While the Bitcoin neckbeards were freaking out, these guys bought up 12% of all Bitcoins mined last month. And this is just a single fund. And that was at a rate of 25 coins per block. [–]zjbird 4 points 2 hours ago And they've only lost about $5 million of value in the last few hours! [–]Tester24834 1 point 2 hours ago The British had to lose money buying cannons and guns before they made money invading lands with those cannons and guns. [–]ExtraMegaDoge 0 points 1 hour ago Not a lot of money to professional investors. You have to have at least 25K to even sit at this particular table. I don't think you appreciate what kind of buying pressure there is going to be once Joe Schmo can get bitcoin into his 401k. Give it time. [–]Markateer 24 points 5 hours ago This is what I'm talking about, look at what the smart money is doing. [–]jtsnau 12 points 3 hours ago Exactly. The amateur investors freaking out, and the people who do this for a living are calm. [–]duduqa 5 points 3 hours ago Barry Silbert seem to be a great salesman. I can´t imagine how many investors will chime in once the price starts to skyrocket again. [–]Prominence19 13 points 4 hours ago I said it before and I'll say it again: There's some careful manipulation going on. A logical explanation would be spreading Fear Uncertainty and Doubt to lower the prices before buying that amount of Bitcoin. [–]JebusMaximus 1 point 2 hours ago At least something is happening and everyone that waited aaaages can finally buy their Bitcoin cheap after the long wait.
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Apr 11, 2014 05:42
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titaniumone posted:Say what you want about BitCoin in general but the technology behind it is pretty amazing. It has all the indicators - it empowers people, it endangers the status quo, it is distributed and decentralized and it cannot be stopped by "traditional means", hackers and geeks love it, youngsters understand it while old people don't... Bitcoin is not just a currency...it's proof of ownership. This will forever change the way the world operates and currency is a subset. This has opened a limitless number of other applications. Bitcoin is programmable money, and there are things you can do with it that you simply cannot do with fiat or gold. same ...but with bitcoins
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Apr 11, 2014 05:42
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*furiously clicks "yes"*
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Apr 11, 2014 05:43
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you missed the best part ...! [–]Prominence19 13 points 4 hours ago I said it before and I'll say it again: There's some careful manipulation going on. A logical explanation would be spreading Fear Uncertainty and Doubt to lower the prices before buying that amount of Bitcoin. [–]wtjones 2 points 2 hours ago Where is the evidence??? [–]rydan 0 points 1 hour ago You don't need evidence when you have logic.
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Apr 11, 2014 05:47
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...! posted:[–]Tester24834 1 point 2 hours ago …i thnk this fucker just threatened us.
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Apr 11, 2014 05:48
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Detroit needs to be OVERHAULED onto the blockchain (self.Bitcoin) submitted 25 minutes ago by ameanbitcoiner If there is one American city that needs to be put on the blockchain it would be the D. What a great opportunity this is for the bitcoin community to show a struggling city that has faced many hardships from closing schools, threats to closing the zoo, and arts and music institutes, to deny retiree their pensions, and state take overs of services. I have heard speakers say that bitcoin will be adapted in other countries far sooner than us. But why? We have 3rd world status cities right here in the U.S. This isn't a knock on Detroit. People who know there REAL story know why the decline happend. But I digress. Detroit's main issues are finance and crime. We have the finance answer. Bitcoin. And the new technologies that come along with it, open transactions, zero trust, proof of work, and proof of stake, and on and on. All this will help Detroit get away from the need to rely on its corrupt politicians. Once finance stability is achieved and jobs are created crime WILL go down. Folks here need to know about bitcoin and what it can offer. My contribution: share my knowledge How? Started- Blockchain Consulting, LLC https://www.blockchainconsulting.net tips: 16EqDcMQkq13SjKxQp7hV14BdYDTHc3zuZ How will you promote Bitcoin? Pass the coin.
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Apr 11, 2014 05:49
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...! posted:Detroit needs to be OVERHAULED onto the blockchain i am irl dead right now. thanks ...!
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Apr 11, 2014 05:51
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i will donate fiat dollars to fly this man to detroit so he can pitch his idea to a person who lives in detroit, on the condition that he record it and put it on youtube.
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Apr 11, 2014 05:51
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the mark of any professional business: a virtual tip jar
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Apr 11, 2014 05:52
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i can't wait to find out what this is about; maybe it's goons: Since Bitcoin is a network of value, should we start calling it the "valunet?" (self.Bitcoin) submitted 1 hour ago by DannyDesert Valuenet opportunities. (self.Bitcoin) submitted 57 minutes ago by Jack_Sophmore Bitcoin/Valuenet dips are just buying opportunities. Be greedy when the sheep are fearful. Is it time to retire the name "Bitcoin" and start going with Valunet as a market rebranding? (self.Bitcoin) submitted 1 minute ago by justthrowmeout
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Apr 11, 2014 05:52
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“If it becomes only 10 percent as popular as gold, then it’s an $800 billion market value. You can lose 100 percent of your money, or you can make 120 times your money. I think the risk reward is OK.” With these odds it doesn't make sense not to be in. (self.Bitcoin) submitted 1 hour ago by ConditionDelta The title is a quote from Bill Miller. He is the chairman of the $702 Billion fund, Legg Mason. Bitcoin is viewed with a binary outcome, which it should be. If it succeeds, which he and many prominent investors, Tech pioneers, and r/bitcoin subscribers believe it will then the return is gigantic. 120x your money from his quote which was taken at a higher level then we are right now, and potentially more so by my own projections. It's a standard +E/V play. Wikipedia has this to say about expected value: "In probability theory the expected value of a random variable is the sum of the probability of each possible outcome of the experiment multiplied by the outcome value (or payoff). "Thus, it represents the average amount one 'expects' as the outcome of the random trial when identical odds are repeated many times." The odds are unknown in Bitcoin but we can take best guesses on the impact that it will potentially have. It makes sense to be in Bitcoin right now. China is irrelevant to the future outcome.
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Apr 11, 2014 05:54
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theflyingexecutive posted:the mark of any professional business: a virtual tip jar nm it's this: 
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Apr 11, 2014 05:55
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Bitcoin Tourism Made Easy (self.Bitcoin) submitted 2 hours ago by CoinFest Are there any Bitcoin tourists out there? People have long since been talking about the benefits of Bitcoin for tourism, but somebody in British Columbia seems to have made some actual headway. The idea was, we want people from other countries to be able to visit us without having to interact with overpriced currency exchanges or banking institutions. The plan is to start by hitting resorts, where tourists are plentiful per capita, and the expenses more justified. So far, the guy in Whistler is doing this by having set up a company called ClickJett, which lets you book travel and accommodations (among other things) using Bitcoin. Once you get there, he has another company called Logicoins that operates an ATM specialized for crypto selling, so that you can convert to local currency for use at places not accepting crypto, yet. We did just convince their first restaurant, though, and are having a celebratory event: https://www.facebook.com/events/233487353510614/
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Apr 11, 2014 05:55
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what are the odds of bitcoin becoming a suicide cult? they seem to be more and more desperate lately
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Apr 11, 2014 05:55
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The best Bitcoin movie is Ghostbusters (self.Bitcoin) submitted 1 hour ago by erikwithaknotac It's about a group of like minded people who find a solution to a problem (Fiat money system). The thing is, most people don't believe that problem exists, even when they experience the problem first-hand (inflation, QE, etc), they dismiss it as something else. The group is seen as a joke until they start capturing more and more ghosts (gaining value and acceptance). Then this gets the attention of government regulators who listen to critics that say they are making the whole thing up(Claims Bitcoin is a Ponzi). The regulator (governments like China and US) has no experience dealing with ghosts (Bitcoin) or busineses that deal with capturing and storing ghosts (BTC Exchanges) so he shuts them down. This causes not only the business to go under, but releases all sorts of bad poo poo (FUD, price crash). Then they go to jail for breaking rules that shouldn't apply to them (Charlie Shrem, Local bitcoin exchangers) Luckily in the movie, the mayor sees the shitstorm that is coming (fiat collapse) and gets the government to support the Ghostbusters. The Ghostbusters climb a skyscraper (to the moon) and save the day by blowing up the marshmallow man (Federal Reserve) by crossing/combining the streams (altcoin-unification) Then they all get laid. [–]Kinny-James 1 point 14 minutes ago "A Prophet" is a 2009 French prison/crime film. Its my perfect analogy film for btc. Main character (bitcoin) is a half French half Arab street punk who goes to prison and learns the ins and outs of all the gangster sub-groups (finance systems) to eventually become the top Player because he outsmarts them all.
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Apr 11, 2014 05:56
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...! posted:“If it becomes only 10 percent as popular as gold, then it’s an $800 billion market value. You can lose 100 percent of your money, or you can make 120 times your money. I think the risk reward is OK.” With these odds it doesn't make sense not to be in. (self.Bitcoin) This is the same logic that craters many a start-up. "If we can get just 5% of the Chinese market, that's 75 million customers!!!"
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Apr 11, 2014 05:57
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Apr 11, 2014 05:58
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The only math you need to be doing on days like today (self.Bitcoin) submitted 3 hours ago by BTCFinance (Number of bitcoins you own) / 12.6m bitcoins today = your % of of the Bitcoin network My percentage has gone up since yesterday.
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Apr 11, 2014 06:00
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Are you a business "accepting" bitcoin? That's not good enough - here is how you can help if you REALLY wanted to support it. (self.Bitcoin) submitted 3 hours ago by veroxii There are lots of theories on the latest price drops. China is obvious for the current extreme correction, but I've seen quite a few things blamed for the slower slide of the last couple of months, such as the alt-coin dilution effect (and I think sidechains could be a great solution for that). One of the other factors being blamed is the huge influx of businesses "accepting" bitcoin, but selling the coins immediately for fiat via Bitpay, Coinbase, Gyft or other similar services. The theory goes that this constant selling is putting a steady downward pressure on the markets, especially if early adopters use "old coins" to buy things and don't refill. What is the solution? Well, I understand that inventory has to bought in fiat, employees need to be paid, bills, etc. But if you as a business truly want to support bitcoin, you have to keep a percentage of your revenue as bitcoin. It does not have to be a large amount. It could be a fraction of the amount you would've paid to a credit card processor. But over time it strengthens the bitcoin economy by ensuring fiat is flowing into the ecosystem continuously. Yes, there will still be a lot of churning of instant fiat conversion, but just keeping that 1% or a fraction of a percent, will ensure a steady increase in the "market cap". So, if you truly believe in bitcoin, don't just worry about the P&L, but move some bitcoins onto your balance sheet. In fact, you'll be deferring some revenue which could be beneficial at tax time. And who knows, in a few years that half a percent you've kept from every transaction might be worth exponentially more. [–]ezen 2 points 2 hours ago It's temporary. Once these businesses start accepting bitcoin they should then buy their supplies not with fiat but with bitcoin they received. That business then does the same and on and on it goes.
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Apr 11, 2014 06:01
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titaniumone posted:Say what you want about BitCoin in general but the technology behind it is pretty amazing. It has all the indicators - it empowers people, it endangers the status quo, it is distributed and decentralized and it cannot be stopped by "traditional means", hackers and geeks love it, youngsters understand it while old people don't... Bitcoin is not just a currency...it's proof of ownership. This will forever change the way the world operates and currency is a subset. This has opened a limitless number of other applications. Bitcoin is programmable money, and there are things you can do with it that you simply cannot do with fiat or gold. source your quote
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Apr 11, 2014 06:02
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FML (self.Bitcoin) submitted 2 hours ago by attempted_burger I know you should only invest what you can afford to lose but FML losing still sucks. [–]jratcliff63367 7 points 2 hours ago You didn't lose a penny unless you sold. If you still believe in the long term prospects of bitcoin then this is a good time to buy and dollar average down. I've been buying all day and will keep buying as it continues to drop. Nothing has happened that I have seen to make any difference to the long term proposition. I won't even begin to be concerned until the startups that have only just now been funded have run their course.
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Apr 11, 2014 06:02
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theflyingexecutive posted:nm it's this: im the services offered quote:Business development just what detroit needs payment options for businesses clearly the reason detroit imploded was difficulty getting dirty, greasy fiat into the hands of the poor business owner
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Apr 11, 2014 06:02
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What poo poo sandwich this is (self.Bitcoin) submitted 3 hours ago by tittled I'll be honest, I was not expecting this to crash this far. Today feels like a huge kick in the gut. I have a lot invested in bitcoin. It's not more than I can afford to lose, but enough to hurt. I'm hodling because I'm along for the ride--- to the moon or to zero. And cashing out know would feel like such a crap sandwich I rather eat a bigger crap sandwich at zero than get out now and miss out on the moon. I've been such a grumpy beast of a person these last few days because of BTC and today something weird happened….as the numbers free fell past 400…390…380…to 350 I just started laughing. loving laughing. Bitcoin used to be fun. Like Dogecoin fun. Stupid fun with a stoke of genius. i'm moving my crap back to cold storage and I'm cracking a loving beer and I'm gonna have a laugh at stupid loving China and take my girl out tonight. As someone wrote in r/bitcoinmarkets yesterday: You only YOLO once. You heard me- YOU ONLY YOU ONLY LIVE ONCE ONCE!!!!!!!! [–]AgentZeroM 2 points 3 hours ago Your frustration is a sign you don't believe in the security and potential of the protocol. It is as strong as it has ever been. When ever you have fear of the market, remember that. [–]coincoster -2 points 3 hours ago You are not alone. Let's for once act as a comunity and crash those selfish sell walls. I am amazed how come that there are whales who don't give a gently caress for bitcoin but only for their own profits. For them low price is never low enough. shame, shame, shame ...
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Apr 11, 2014 06:04
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PostNouveau posted:This is the same logic that craters many a start-up. "If we can get just 5% of the Chinese market, that's 75 million customers!!!" mmm yeah these numbers are worth 16000 tons of gold
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Apr 11, 2014 06:04
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Stop making loses #bitcoin. Guaranteed profit. (self.Bitcoin) submitted 3 hours ago* by romanornr Alright, I'm getting tired of people holding btc and seeing btc go down. While they invested their college funds/90% of their money/money of their parents etc. Yes, the price is going down atm, we're bearish. Don't bring that poo poo.. No were bullish compared to 2 years ago. People are thinking about suicide right now because they bought btc at a high price and we're just hoping the price would go up. It's just downtrending and just don't fight the trend. Yes we all know, buy at dips etc, but what if you wait some more and do some technical analysis. Some people here are just to arrogant to admit were going down. Wolong, the great pump and dumper of dogecoin was laughing at people with arrogance. They didn't sell when the time was right. Alright maybe some of you don't have the knowledge to short btc and get money while the price is going down. But what you can do, is sell your btc, and buy it back lower. And repeat. Instead of holding and hoping the price will go up. Some people bought at 800 oor higher and still didn't sell. If they just sold, and bought back, they doubled their btc. Is it so hard for people to understand. Everyone on twitter and IRC is laughing about the arrogant people on reddit. And calling /r/bitcoin a cult. And saying things like, bitcoin goes down but hey atleast I'm not someone of reddit and lying btc will reach 10000$. Who are facing loses and loses. But join twitter if you guys want to trade instead of investing and hoping that the price will go up. I wrote a bitcoin trading guide. Instasaver.net/m/tradingguide Here is Wolong his pdf http://youtu.be/JHi-wmRZzvs And google for trading techniques and tips to Investopedia and look things up like Dead cat bounce, bull trap, bear trap, RSI, MACD, moving average, crossovers etc. On twitter.. You can follow @ActualAdviceBTC @MegaCoinTrader @simply_stig @CryptoCobain @jebus911 @altcoinguides Stop making hosed up loses and being scared to sell your btc and buy back lower or to short/short sell Feel free to Hate me if you want. I'm just being honest. If you guys want my mail to send me hate mails or my Twitter to send me hate tweets, please do it.. I love to have a laugh.
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Apr 11, 2014 06:05
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How to become a successful Captain of Industry in 3 easy steps: 1)Take the Blockchain and attach it to the railing of a bridge. 2)Securely fasten the Blockchain around your neck. 3)Leap off the bridge and into the warm embrace of death.
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Apr 11, 2014 06:07
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...! posted:[–]AgentZeroM 2 points 3 hours ago holy poo poo we're in full blown cult mode
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Apr 11, 2014 06:09
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Boxturret posted:March-10-10 
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Apr 11, 2014 06:14
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...! posted:Bitcoin Tourism Made Easy (self.Bitcoin) i know one bitcoin tourist very interested in a trip to thailand
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Apr 11, 2014 06:28
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