Total number of Bitcoins hits 10.5 million, production halves to stop inflation - Polidicks

i wonder how the ricin market has been doing since breaking bad started

[QUOTE=Desuh;38632095]It was AMD gpus.[/QUOTE] For a while yes, but an FPGA is much much better with efficiency.

[QUOTE=supersnail11;38645617]16-25 BTC a gram? [img]http://i46.tinypic.com/xdcunr.png[/img] However, the best deals on the deep web are the weapons and services. [img]http://i47.tinypic.com/1zpjeag.png[/img] [img]http://i45.tinypic.com/157dlid.png[/img] [img]http://i47.tinypic.com/13z8nt5.png[/img] [img]http://i47.tinypic.com/28ksf8h.png[/img] [img]http://i46.tinypic.com/2vjwy7q.png[/img][/QUOTE] that's not a bad price for an M9 but that body armor is way too expensive

[QUOTE=supersnail11;38645617]16-25 BTC a gram?[/QUOTE] I was basing it off of some prices I found for the US. That listing seems questionable, even by anonymous internet drug dealer standards. He might be somewhere where it's cheaper, or the prices I found might have been really old.

why does it take so damn long to synchronize a new wallet?

[QUOTE=ShaunOfTheLive;38647711]why does it take so damn long to synchronize a new wallet?[/QUOTE] Because the blockchain is something like 2GB IIRC. I just use an online wallet from blockchain.info (an actually well-established and trusted site despite the TLD) [editline]29th November 2012[/editline] Actually it's almost 3GB now: [url]http://blockchain.info/charts/blocks-size[/url]

[QUOTE=mblunk;38647722]Because the blockchain is something like 2GB IIRC. I just use an online wallet from blockchain.info (an actually well-established and trusted site despite the TLD) [editline]29th November 2012[/editline] Actually it's almost 3GB now: [url]http://blockchain.info/charts/blocks-size[/url][/QUOTE] I was actually wondering this the other day. How is bitcoin designed to deal with its seemingly infinite growth in complexity? At some point the catalog of transactions gets unwieldy right?

[QUOTE=Zephyrs;38647863]I was actually wondering this the other day. How is bitcoin designed to deal with its seemingly infinite growth in complexity? At some point the catalog of transactions gets unwieldy right?[/QUOTE] I guess most people would move to online wallet services. Not to mention you don't necessarily need to keep an entire copy of the blockchain to maintain a local wallet, it's just the "standard" way of doing things. All you really need to access your wallet are your public and private keys.

So where can I buy bitcoins without ridiculous fees? I was going to use mt gox, but I need to verify and I have no residence document. I don't pay monthly utility bills myself, my cellphone bills are in my email, no tax return document or voting reg form under 3 months old either.

[QUOTE=Maucer;38651474]So where can I buy bitcoins without ridiculous fees? I was going to use mt gox, but I need to verify and I have no residence document. I don't pay monthly utility bills myself, my cellphone bills are in my email, no tax return document or voting reg form under 3 months old either.[/QUOTE] [url]https://www.bitinstant.com/[/url]

[QUOTE=Strider*;38641539]I wouldn't call it a pyramid scheme at all, if anything it'd be closer to a Ponzi because of its bubble like nature. But that's something they're trying to get rid of. The goal is to stabilize the currency, I don't think the creators of bitcoin want it to be as volatile as it is now. At least not in the long run. I also just realized I can use bitcoin to illegally play poker online, sweet.[/QUOTE] Strider, I'd thought you'd be first in line to line your pockets with bitcoins because the socialists control your god given money. [editline]30th November 2012[/editline] [QUOTE=Maucer;38651474]So where can I buy bitcoins without ridiculous fees? I was going to use mt gox, but I need to verify and I have no residence document. I don't pay monthly utility bills myself, my cellphone bills are in my email, no tax return document or voting reg form under 3 months old either.[/QUOTE] You punch yourself in the stomach and pray to satan, and bitcoins come out.

[QUOTE=mblunk;38653298][url]https://www.bitinstant.com/[/url][/QUOTE] Finland is not on the list

I'm also interested in bitcoins, if only a few. I can't scan my id for MtGox, though. Does anywhere sell BTC for paypal without extortion?

mining bitcoins will probably put you into the red, but you can't buy drugs and w/e on the internet with real money ((and the spergs who do this probably aren't social enough to know any dealers!))

[QUOTE=Eltro102;38656168]mining bitcoins will probably put you into the red, but you can't buy drugs and w/e on the internet with real money ((and the spergs who do this probably aren't social enough to know any dealers!))[/QUOTE] That's why people are asking for BTC exchanges. It's like any currency; you can just buy it with any other currency. You don't have to mine unless you want them for free.

[QUOTE=sambooo;38654250]I'm also interested in bitcoins, if only a few. I can't scan my id for MtGox, though. Does anywhere sell BTC for paypal without extortion?[/QUOTE] Most bitcoiners hate paypal because with paypal, you can get your payments reversed, while bitcoin transactions are permanent, so scamming is very easy.

Bitcoins funded my steam sale buyings, saved up to $40 of BTC for a month to buy some steam games, doing same for Winter and expected funds to be higher with more time.

[QUOTE=Governor Goblin;38653376]Strider, I'd thought you'd be first in line to line your pockets with bitcoins because the socialists control your god given money.[/QUOTE] Maybe once it's possible to invest with bitcoin.

[QUOTE=Strider*;38658598]Maybe once it's possible to invest with bitcoin.[/QUOTE] Trading stocks for Bitcoins? That could be a lucrative business.

[QUOTE=Strider*;38633806]Like any other "because we say so" currency, it's no different from the dollar or any other fiat currency really. .[/QUOTE] Except for the fact the dollar and other fiat currencies have nation-states backing them while bitcoin has a bunch of neckbeards and people with no understanding of economics?

[QUOTE=Themage;38660963]Except for the fact the dollar and other fiat currencies have nation-states backing them while bitcoin has a bunch of neckbeards and people with no understanding of economics?[/QUOTE] It doesn't matter who accepts it as valuable, as long as there are people who do. Sure sounds like you're the one with no understanding here. The small pile of goodies I've bought with my own mined bitcoin mentioned above don't need anyone's backing to be valuable to me.

[QUOTE=Themage;38660963]Except for the fact the dollar and other fiat currencies have nation-states backing them while bitcoin has a bunch of neckbeards and people with no understanding of economics?[/QUOTE] doesnt matter who backs currency as long as people are willing to use it. [editline]1st December 2012[/editline] backing currency will only help to ensure value within certain borders, but it by no means is the only way for a currency to be valuable.

[QUOTE=Themage;38660963]Except for the fact the dollar and other fiat currencies have nation-states backing them while bitcoin has a bunch of neckbeards and people with no understanding of economics?[/QUOTE] Are you sure [i]you[/i] have any understanding of economics? It doesn't matter if some authority has deemed something as currency under law. History has shown that fiat money can be just as volatile as other forms of currency and subject to hyperinflation, deflation and all other sorts of wonky shit. Your world isn't going to end if some people find value in a decentralized currency, stop acting so threatened about it. Reducing the wide array of people interested in bitcoins to"neckbeards" is completely spurious and just makes you appear completely petulant.

[QUOTE=cccritical;38631634]so does this mean I can sell my heroin on silk road for even [i]more[/i] monopoly money?[/QUOTE] You can trade that monolopy money for real bank money.

[QUOTE=Strider*;38633806] Sounds like a bubble.[/QUOTE] unless they start mining gld from space in large quantities or if an unlikely deposit is found on earth gold wont lose value.

[QUOTE=Falchion;38663001]unless they start mining gld from space in large quantities or if an unlikely deposit is found on earth gold wont lose value.[/QUOTE] Apparently you don't live on planet Earth, let me show you something. [img]http://www.gold-eagle.com/editorials_05/images/janszen101606b.jpg[/img]

what caused the bubble?

[QUOTE=mblunk;38647722]Because the blockchain is something like 2GB IIRC. I just use an online wallet from blockchain.info (an actually well-established and trusted site despite the TLD) [editline]29th November 2012[/editline] Actually it's almost 3GB now: [url]http://blockchain.info/charts/blocks-size[/url][/QUOTE] Thanks, I did end up making a wallet on blockchain.info. But still, it shouldn't take this long to download 3GB. It seems like it's going at 2 kB/s or something.

[QUOTE=ShaunOfTheLive;38672578]Thanks, I did end up making a wallet on blockchain.info. But still, it shouldn't take this long to download 3GB. It seems like it's going at 2 kB/s or something.[/QUOTE] Yeah, the official client is horribly slow when catching up with the latest blocks. There was a point when I knew why, but suffice to say it was inefficient code. There are unofficial offline clients that can do the sync at full speed or do it without downloading the chain at all, though they all have their own pros and cons. [url]https://en.bitcoin.it/wiki/Clients[/url]

didn't the price of bitcoins litterally tank a while back because someone hacked the bitcoin bank and steal like an estimated half a million ohgod striders in this thread