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1401  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 09:10:42 PM
Yip I know, quite exciting, all those countries that dont have PayPal, they can now make international payments / orders to the countries that support PayPal's - Bitcoin.

this is very positive news for small enterprises wanting to sell goods (virtual or otherwise) to countries where there are strict exchange controls or where PayPal in not competitive enough to be supported.  

Yes, foreign customers may perhaps save money going through bitcoin+BitPay+PayPal rather than using a credit card or bank transfer.   However they would have to send the bitcoin to BitPay USA or Canada. 

Anyone knows why PayPal is restricting the service to digital goods only?  Perhaps it has to do with their cancellation/refund policies?  (Digital goods are usually non-returnable, correct?)
1402  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 08:36:52 PM
pretty crazy to see stuff like this going on in western countries... sad days ahead as gov't abuse of citizens will surely be on the uptake
The US government had been pressing Brazil for years to enact "anti-terror" laws that would let the police trample civil rights.  Lula and Dilma, because of their experience under the military dictatorship (1964-1985), always resisted, and so did their party in Congress.  But last year the black blocs appearead, financed by no-one-knows, turning every pacific protest into violence and vandalism.  That finally convinced Congress to enact an "anti-terror" law...  Tongue
1403  Bitcoin / Mining speculation / Re: Your opinion: Is mining still profitable? on: September 25, 2014, 07:25:20 PM
bash> units
Currency exchange rates from 2012-06-06
2414 units, 68 prefixes, 64 nonlinear units

You have: 16.5 kW
You want: btu/hour
   * 56300.337
   / 1.7761883e-05

So your air conditioner will have to pump ~57'000 BTU/hour out of your house.  Here "btu" or BTU is British Thermal Unit, a unit for amount of heat (like the joule or the calorie) that is used in the air conditioning and heating industry.

I suppose that the capacity of an air conditioner depends on the temperature outside and the temperature that you want to keep inside the house.
1404  Economy / Service Discussion / Re: MtGox withdrawal delays [Gathering] on: September 25, 2014, 11:55:59 AM
So the Canadian victims too agreed with the Sunlot plan? All of them?

IMHO, if the Japanese court agrees to turn MtGOX over to Sunlot, you can expect that the management of MtGOX will walk away free and keep all that they got, that Sunlot will distribute some part of the remaining 200'000 BTC to the victims (after taking their cut),  that there will be no criminal investigation, and that the new MtGOX will flop so those 16.5% equity will be worthless.
1405  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 10:31:20 AM
Paypal is bigger than that, if they offer bitcoin as a payment method to their customers, unless they're only one way (which I doubt) they'd need to keep them on hand for their customers to both pay with and receive.

It wouldn't be like dell dumping it all on bitpay, paypal would need a certain amount of btc in their reserve

I understood that PayPal is merely accepting dollars from BitPay/Coinbase/Coinsetter and delivering them to merchants who subscribe to PayPal.  And for "digital goods" only. And only in North America. Isn't that so?

In other words, it is just like Dell: people who buy BTC now (on the exchanges or over the counter, in bulk or retail) are paying the shopping bills of owners of old cheap coins who choose to "pay with bitcoin".  Only that there is one more intermediary (PayPal) taking their fee.
1406  Other / Off-topic / Re: Answer the question above with a question. on: September 25, 2014, 08:44:04 AM
There is no topic, do you not understand that?
You mean, I could even ask whether the Eastern mistletoe of North America has sticky pulp inside its berries, like the European mistletoe?
You definitely could do that. The problem is do you think you would get an answer?
It would be very naive of me to expect that, wouldn't it?
1407  Other / Off-topic / Re: Answer the question above with a question. on: September 25, 2014, 07:55:28 AM
There is no topic, do you not understand that?
You mean, I could even ask whether the Eastern mistletoe of North America has sticky pulp inside its berries, like the European mistletoe?
1408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 25, 2014, 07:48:15 AM
U.S. citizens (and residents?) may want to know about this, if they don't know already:

FBAR and FATCA Compliance in the Age of Digital Currencies
by Rajiv Prasad, J.D., LL.M., for The Tax Adviser - May 01, 2014
http://www.aicpa.org/publications/taxadviser/2014/may/pages/clinic-story-07.aspx
1409  Bitcoin / Hardware / Re: BFL fucked us over again on: September 25, 2014, 06:58:52 AM
But [ the people who owe you a debt ] would also includes the American public at large, because the pursuit of rackets, when and where they exist, is truly in the best interest of everyone.

Amen to that!
1410  Alternate cryptocurrencies / Altcoin Discussion / Re: The Monero Free For All Thread on: September 25, 2014, 12:28:39 AM
are not English
I'm using google translator
easier the translation
if I divide
phrases
Potete tradurre le frasi avanti e indietro con google un paio di volte fino a che non viene fuori proprio nella traduzione per la lingua?

Once I tried using that method to post a question in Chinese on the Chinese language sub-forum.  I don't know what came out, but judging from the replies it must have been something quite funny.
1411  Other / Off-topic / Re: Totally Off-Topic! on: September 25, 2014, 12:25:16 AM
Does the Eastern mistletoe of North America have sticky pulp inside its berries, like the European mistletoe?
1412  Other / Off-topic / Re: Answer the question above with a question. on: September 24, 2014, 09:46:59 PM
Is it because people (like you in this instance) feel like they can pick and choose any post to answer, when they are only supposed to "Answer the question above with a question"?  Roll Eyes
Why would I follow the rules of the game and not just pick and choose any post to answer, when there's no government to coerce me? Grin
Are there rules for off-topic threads?
Do you really believe your posts can't be deleted by a mod for being off-topic even though this the off-topic section of the forum?
Hm, do you think that there a market for a forum devoted entirely to off-topic posts on off-topic threads?
1413  Other / Off-topic / Re: Answer the question above with a question. on: September 24, 2014, 07:44:03 PM
Is it because people (like you in this instance) feel like they can pick and choose any post to answer, when they are only supposed to "Answer the question above with a question"?  Roll Eyes
Why would I follow the rules of the game and not just pick and choose any post to answer, when there's no government to coerce me? Grin
Are there rules for off-topic threads?
1414  Bitcoin / Hardware / Re: AMT users thread. on: September 24, 2014, 05:58:51 PM
I powered the miner up and within minutes miner 1 is pretty much dead. All 5 cards burned out. So obviously no testing was done there. I had to also provide my own PSU which was not what I agreed to. The second miner worked and over the next couple of weeks the cards systematically died to the point where there was one working card that also gave out a couple weeks later. I had two giant scraps of metal. 

Aha, so "obviously" it was your fault that the cards burned out.  Tongue
1415  Bitcoin / Hardware / Re: BFL fucked us over again on: September 24, 2014, 01:24:42 PM
YOU ARE SO MISTAKEN! BCP19 (Bruce), one not to spread falsehoods, left work Friday at 4 PM and even worked today at BFL. Ergo, the FTC has been caught red-handed lying with the following: http://www.ftc.gov/system/files/documents/cases/140923utterflylabstro.pdf
Bruno, you're slipping yet again... like when you asked Josh to produce the FCC cert (and in your own words were hoist by your own petard), you asked the wrong question... you never asked me WHO I was working for.
Plot twist: BCP was working undercover for the FTC.
Was he working for AMT on that day, perhaps?  I sometimes confuse the two myself.  Philadelphia is not that far from Kansas City, is it?  Just take the wrong turn on the highway, and...
1416  Other / Off-topic / Re: Answer the question above with a question. on: September 24, 2014, 12:20:59 PM
No one likes badminton. Do you like running around chasing a feather ball?
Should it matter that I don't like it, as long as there are some people who do?
1417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 24, 2014, 07:39:39 AM
So Paypal accepts Bitcoin, we go up a little bit,

I am still not convined that PayPal's announcement was the cause of this rally.

The news should have had a positive effect, sure; but the rally started suddenly, rose steadily for less than one hour, then stopped suddenly, oscillated a bit and then stagnated at the current level.  Those news must have taken a lot more than one hour to reach all traders and be assimilated by them; therefore I would have expected a slower rise over several hours.

Ditto for the theory that the rally was caused by people taking profit on the AliBaba IPO and investing it in bitcoin.  That "Back to BTC" migration (if real) should have spread out over several days.

Coin buying by GABI (or some other single rich investor) would be a better fit to the chart, IMHO.
1418  Other / Off-topic / Re: Answer the question above with a question. on: September 24, 2014, 05:40:33 AM
What if no questions remain?
Didn't we ask this question several times before?
Do you have memory issues?
You mean, like parity errors or memory exhausted?
What is memory really?
Since memories are not real,  does it make sense to ask what memory "really" is?
1419  Other / Off-topic / Re: Answer the question above with a question. on: September 24, 2014, 03:40:59 AM
What if no questions remain?
Didn't we ask this question several times before?
Do you have memory issues?
You mean, like parity errors or memory exhausted?
1420  Alternate cryptocurrencies / Altcoin Discussion / Re: The Monero Free For All Thread on: September 24, 2014, 01:36:36 AM
Is it possible that the BTC price jump earlier today was a fewMonero holders (or just one?) dumping XMR for BTC, for fear of the announced attack?
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