Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18820.

clopoterian

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Quote from: yefi on May 27, 2016, 04:10:28 PM

Quote from: clopoterian on May 27, 2016, 01:02:45 PM

I'm not suggesting that regulation of everything is trivial. Merely that regulating bit-coin is trivial. As far as piracy goes, regulation works well enough

http://s33.postimg.org/xezgddj5r/Capture.jpg

Hey, bring it on. Just as with piracy, you may find that it isn't as trivial as you think.
https://i.imgur.com/yWvK2U4.jpg
No doubt that growth is entirely non-infringing Wink

What am I looking at? BitTorrent traffic*? Which is not regulated and is perfectly legal? You're telling me that while internet traffic is increasing at exponential rate, the perfectly legal & unregulated BitTorrent traffic is also increasing, albeit at a much lower rate? This is, indeed, amazing Roll Eyes

Quote

Explain to me the mechanics of paying off a bitcoin ransom for the case in question:

I'm not going to hypothesize how that transaction would work, suffice to say that it would deter payment if crypto were illegal.

Now you're starting to get it. And lower likelihood of getting paid lowers the profitability of your khrymez. Q.E.D., my rebellious friend

*In November 2004, BitTorrent was responsible for 35% of all Internet traffic. As of February 2013, BitTorrent was responsible for 3.35% of all worldwide bandwidth, more than half of the 6% of total bandwidth dedicated to file sharing."--Wikipedia

Meuh6879

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Activity: 1512

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Quote from: dumbfbrankings on May 27, 2016, 03:28:52 PM

Quote from: gentlemand on May 27, 2016, 02:59:52 PM

Why's anyone sad about this anyway? I thought folks here enjoyed the Free Market in action.

Yeap, we're all about Free Markets here.

no problem, fees raises ... too.
check : antispam work.

Grin

yefi

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Activity: 2842

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Quote from: clopoterian on May 27, 2016, 01:02:45 PM

I'm not suggesting that regulation of everything is trivial. Merely that regulating bit-coin is trivial. As far as piracy goes, regulation works well enough

Hey, bring it on. Just as with piracy, you may find that it isn't as trivial as you think.

No doubt that growth is entirely non-infringing Wink

Quote

Explain to me the mechanics of paying off a bitcoin ransom for the case in question:

I'm not going to hypothesize how that transaction would work, suffice to say that it would deter payment if crypto were illegal.

pinger

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Activity: 1512

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Bitcoin - Resistance is futile

Quote from: edgar on May 27, 2016, 03:44:02 PM

Quote from: becoin on May 27, 2016, 03:30:49 PM

Quote from: 600watt on May 27, 2016, 02:57:32 PM

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

late delivery

shitty work

fires

favouritism for shills

50/50 (at best) if they would replace broken hardware #returneverythingfirstandmaybewellshipoutanothershitonemaybenotatall

im not going over it all again!

@thatpic - 3 thieves and your hero sam the brilliant...

also, the thread was opened in early april 2013 - you arrived at the end of may. on the payroll with bitcoinorama? already under an NDA??

E2A - I must say, they were silent miners. that much was commendable. the penny pinching and rip off shipping etc was disgusting

bankrupt??!!

about as honest/morally bankrupt as he's ever been!! (and the rest of the hangers on)

They where mining with the hardware of their clients, as BFL, big fuck you KNC.

edgar

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Activity: 1859

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Quote from: becoin on May 27, 2016, 03:30:49 PM

Quote from: 600watt on May 27, 2016, 02:57:32 PM

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

late delivery

shitty work

fires

favouritism for shills

50/50 (at best) if they would replace broken hardware #returneverythingfirstandmaybewellshipoutanothershitonemaybenotatall

im not going over it all again!

@thatpic - 3 thieves and your hero sam the brilliant...

also, the thread was opened in early april 2013 - you arrived at the end of may. on the payroll with bitcoinorama? already under an NDA??

E2A - I must say, they were silent miners. that much was commendable.

the penny pinching and rip off shipping etc was disgusting

bankrupt??!!

about as honest/morally bankrupt as he's ever been!! (and the rest of the hangers on)

Quote from: edgar on 26 September 2013, 22:08:34
im not sure who said it was knc, but there are now 7 or more pages worth of posts deleted

Gyrsur

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Activity: 2856

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Bitcoin Legal Tender Countries: 2 of 206

Quote from: becoin on May 27, 2016, 03:30:49 PM

Quote from: 600watt on May 27, 2016, 02:57:32 PM

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

BTW i found who could play mark karpeles in the upcoming mt.gox movie.

John Constantine

full member

Activity: 126

Merit: 100

Nice thread to follow the events. This halving will be a very interesting moment.

finkelsteinMonster

newbie

Activity: 56

Merit: 0

Quote from: r0ach on May 27, 2016, 02:53:04 PM

Quote from: finkelsteinMonster on May 27, 2016, 06:14:15 AM

Quote from: marcus_of_augustus on May 27, 2016, 05:38:44 AM

Quote from: LFC_Bitcoin on May 27, 2016, 05:31:52 AM

Yeah I'm feeling pretty smug thinking about all the shorts that are getting squeezed. Where the shills/trolls at?

The big short who was paying them just got scorched by the dragon ... they'll be licking their wounds for a while.

Quote from: finkelsteinMonster on May 24, 2016, 10:09:47 AM

Quote from: finkelsteinMonster on May 24, 2016, 06:52:32 AM

Quote from: becoin on May 24, 2016, 06:45:29 AM

Where're eth pump trolls today?

Pumping bitcoin. Variety: the spice of life

Guys, how's about some help? y'all forgotten how to pump?

Bitcoin (BTC) $474.37 5.01%
http://s33.postimg.org/stw03s267/congrats.gif

https://i.imgur.com/iX3ki5T.jpg

http://s33.postimg.org/q34wo2a4f/jjewstar.jpg

becoin

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Activity: 3431

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Quote from: 600watt on May 27, 2016, 02:57:32 PM

i never understood all the hate. knc was at least trying to keep western companies in the race.

I can understand this hate. From the very beginning of their operations KnC copied BFL practice to scam their customers!

edgar

legendary

Activity: 1859

Merit: 1001

Quote from: 600watt on May 27, 2016, 03:01:41 PM

Quote from: Fatman3001 on May 27, 2016, 02:59:08 PM

The hate came with the Neptunes and Titans

no, the hate started right the moment knc announced their first product. literally thousands of posts full of hate.

you exaggerate a bit - it wasnt 'literally thousands' nor right from the moment the announced their first product.

there was skepticism, there was disbelief, there was hope that this wasnt going to be another ass-raping of tens of thousands of dollars..

if you truly never understood the hate, there is something very wrong.

have you always been 600watt or have you had other handles?

dumbfbrankings

full member

Activity: 238

Merit: 100

Quote from: gentlemand on May 27, 2016, 02:59:52 PM

Why's anyone sad about this anyway? I thought folks here enjoyed the Free Market in action.

Yeap, we're all about Free Markets here.

DeathAngel

legendary

Activity: 3346

Merit: 1618

#1 VIP Crypto Casino

Was a bit exciting seeing a decent sized pump from 450 - 476 but the spark seems to have been put out.
Hopefully we don't get dumped all the way back to 450.

Fatman3001

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Activity: 1554

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Make Bitcoin glow with ENIAC

Quote from: 600watt on May 27, 2016, 03:01:41 PM

Quote from: Fatman3001 on May 27, 2016, 02:59:08 PM

The hate came with the Neptunes and Titans

no, the hate started right the moment knc announced their first product. literally thousands of posts full of hate.

ah, that hate. that's just bitcoin

AlexGR

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Activity: 1708

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Quote from: 600watt on May 27, 2016, 02:57:32 PM

Quote from: AlexGR on May 27, 2016, 02:44:18 PM

Quote from: dumbfbrankings on May 27, 2016, 02:34:38 PM

Bye KnC. Guess you shoulda decentralized your operations to China. Undecided

The West has a huge technological advantage in things like silicon design expertise and lithography in low nm, yet it is not using it.

On top of that, western businesses are bloated compared to how lean Chinese businesses do their work. "Let's open some fancy offices that cost a million bucks, hire 3-4 secretaries for eye candy paying them 100-150k, hire a PR firm another 200-400k, hire a legal firm or a bunch of lawyers for another half a million etc etc. For a westerner it might be "reasonable" to pay tens of thousands of dollars for ...rack mounts, for a chinese it makes way more sense to go to a local metal worker and tell him to make custom steel frames for pennies.

The Chinese laugh all the way to the bank with how suicidal the Western OPEX and CAPEX are.

not sure if you aimed your comment towards knc. i went to stockholm to check out the company when they offered their first mining hardware while everyone in the forums yelled SCAM. i run a business myself (not IT) for 20 years and i could see they were managing their business properly. so i became their first customer. sam cole is brilliant and a nice guy on top of it. i never understood all the hate. knc was at least trying to keep western companies in the race. and they did for some years. sad that it is not possible anymore.

edit: typo

Not it's not aimed towards knc - the comment is generic. I have no idea how KNC run their business.

600watt

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Activity: 2338

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Quote from: Fatman3001 on May 27, 2016, 02:59:08 PM

The hate came with the Neptunes and Titans

no, the hate started right the moment knc announced their first product. literally thousands of posts full of hate.

gentlemand

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Activity: 2604

Merit: 3056

Welt Am Draht

Why's anyone sad about this anyway? I thought folks here enjoyed the Free Market in action.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: 600watt on May 27, 2016, 02:57:32 PM

Quote from: AlexGR on May 27, 2016, 02:44:18 PM

Quote from: dumbfbrankings on May 27, 2016, 02:34:38 PM

Bye KnC. Guess you shoulda decentralized your operations to China. Undecided

The West has a huge technological advantage in things like silicon design expertise and lithography in low nm, yet it is not using it.

On top of that, western businesses are bloated compared to how lean Chinese businesses do their work. "Let's open some fancy offices that cost a million bucks, hire 3-4 secretaries for eye candy paying them 100-150k, hire a PR firm another 200-400k, hire a legal firm or a bunch of lawyers for another half a million etc etc. For a westerner it might be "reasonable" to pay tens of thousands of dollars for ...rack mounts, for a chinese it makes way more sense to go to a local metal worker and tell him to make custom steel frames for pennies.

The Chinese laugh all the way to the bank with how suicidal the Western OPEX and CAPEX are.

not sure if you aimed your comment towards knc. i went to stockholm to check out the company when their offered their first mining hardware while everyone in the forums yelled SCAM. i run a business myself (not IT) for 20 years and i could see they were managing their business properly. so i became their first customer. sam cole is brilliant and a nice guy on top of it. i never understood all the hate. knc was at least trying to keep western companies in the race. and they did for some years. sad that it is not possible anymore.

The hate came with the Neptunes and Titans

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: AlexGR on May 27, 2016, 02:44:18 PM

Quote from: dumbfbrankings on May 27, 2016, 02:34:38 PM

Bye KnC. Guess you shoulda decentralized your operations to China. Undecided

The West has a huge technological advantage in things like silicon design expertise and lithography in low nm, yet it is not using it.

On top of that, western businesses are bloated compared to how lean Chinese businesses do their work. "Let's open some fancy offices that cost a million bucks, hire 3-4 secretaries for eye candy paying them 100-150k, hire a PR firm another 200-400k, hire a legal firm or a bunch of lawyers for another half a million etc etc. For a westerner it might be "reasonable" to pay tens of thousands of dollars for ...rack mounts, for a chinese it makes way more sense to go to a local metal worker and tell him to make custom steel frames for pennies.

The Chinese laugh all the way to the bank with how suicidal the Western OPEX and CAPEX are.

not sure if you aimed your comment towards knc. i went to stockholm to check out the company when they offered their first mining hardware while everyone in the forums yelled SCAM. i run a business myself (not IT) for 20 years and i could see they were managing their business properly. so i became their first customer. sam cole is brilliant and a nice guy on top of it. i never understood all the hate. knc was at least trying to keep western companies in the race. and they did for some years. sad that it is not possible anymore.

edit: typo

fichtn12345

full member

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