Welcome to the Free Talk Live bulletin board system! To begin posting Login or Sign Up.
October 31, 2014, 01:29:59 AM
Search:     Advanced search
189626 Posts in 10079 Topics by 18322 Members
Latest Member:
Home Help Search Login Register
+  The Free Talk Live BBS
|-+  Free Talk Live
| |-+  The Show
| | |-+  BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
Pages: [1]   Go Down

Author Topic: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!  (Read 3664 times)

0 Members and 1 Guest are viewing this topic.

ElGuapo

  • Offline Offline
  • Posts: 80
    • View Profile
BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« on: November 21, 2012, 10:17:10 AM »

I'm listening to the podcast right now - pulled the ear buds out for a while though because you guys can't stop yammering on about bitcoins.

I understand; it's a cool idea - I've even got a couple of bitcoin wallets and I trade with bitcoins from time to time. It may even be an important medium of trade in the future - I trade with mine because I want the medium to succeed, but I really don't think that it will seeing as how most bitcoin owners just sit on their bitcoins, limiting the usefulness of a currency  that has a value based on itís perceived usefulness. Interesting strategy

Bitcoin is not an interesting topic of conversation and the stuff you have to say about it is the same crap every time. A 30-second commercial is tolerable, even if you play it a few times, but yammering on about buying them repeatedly in every show is boring and tacky. Itís tacky because your incentives for doing so are clear Ė there is nothing wrong with it Ė itís just tackyÖand as I said before: boring.
Logged

dalebert

  • Blasphemor
  • FTL Creative Team
  • *****
  • Offline Offline
  • Posts: 6620
    • View Profile
    • Flaming Freedom
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #1 on: November 22, 2012, 12:21:41 AM »

They prolly won't see this post. Call in.

freeAgent

  • pwn*
  • FTL AMPlifier
  • *
  • Offline Offline
  • Posts: 3660
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #2 on: November 23, 2012, 01:20:38 AM »

I'm listening to the podcast right now - pulled the ear buds out for a while though because you guys can't stop yammering on about bitcoins.

I understand; it's a cool idea - I've even got a couple of bitcoin wallets and I trade with bitcoins from time to time. It may even be an important medium of trade in the future - I trade with mine because I want the medium to succeed, but I really don't think that it will seeing as how most bitcoin owners just sit on their bitcoins, limiting the usefulness of a currency  that has a value based on itís perceived usefulness. Interesting strategy

Bitcoin is not an interesting topic of conversation and the stuff you have to say about it is the same crap every time. A 30-second commercial is tolerable, even if you play it a few times, but yammering on about buying them repeatedly in every show is boring and tacky. Itís tacky because your incentives for doing so are clear Ė there is nothing wrong with it Ė itís just tackyÖand as I said before: boring.


I agree on a lot of points.  Ad spots are ad spots, but it does get old and a bit lame when you hear the same stories over and over (which may or may not be paid-for ads in and of themselves).  With that said, it seems like recently the show should be called Secession Talk Live.
Logged

ElGuapo

  • Offline Offline
  • Posts: 80
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #3 on: November 30, 2012, 08:35:01 AM »

They prolly won't see this post. Call in.

I'll never call in about this, or any other topic - I listen to the show for entertainment and I find it enlightening from time to time as well, but I don't call talk shows - it's just not my thing.

I'll include "Mark Edge" in this reply so that Mark will find it when he goes ego surfing.  You totally rock Mark!
Logged

david

  • Offline Offline
  • Posts: 32
    • View Profile
    • The Electronic Cigarette Forum
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #4 on: December 02, 2012, 12:17:30 AM »

They make money with the ads. That's why we get to hear the show for free. If you don't want to hear about bitcoins, buy some ad time on the show and play somethings else.
Logged
eCigs.net - The Electronic Cigarette Forum

cvramen

  • Offline Offline
  • Posts: 18
    • View Profile
    • Pokebit
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #5 on: December 02, 2012, 03:32:15 AM »

150 years from now FreeTalkLive will be in a history book as being a big advocate for the currency that shook the world.
Logged
Remember, today's family tip is brought to you by Nestle, which didn't quite understand what advertising on a libertarian talk show meant.

ElGuapo

  • Offline Offline
  • Posts: 80
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #6 on: December 04, 2012, 09:23:10 AM »

They make money with the ads. That's why we get to hear the show for free. If you don't want to hear about bitcoins, buy some ad time on the show and play somethings else.

That's a little silly - if I wanted to prevent bitcoins from ever reaching my ears; I could stop listening to the show. Instead - I would like to make the show better (as I see it); if people feel like a bitcoin commercial is more interesting to listen to than an open-lines issues-oriented talk show, the show will become that over time and the listeners will be happy. If listeners find it tiresome to hear the same uninteresting facts and opinions about bitcoins in nearly every show, that may affect listenership as well and the show will adapt or perish (I believe the show will continue). Perhaps my way of looking at things is incorrect, but my intent is to provide market feedback, and that feedback is that bitcoins = boring talk radio – I’m happy I have heard about them – I have some & I trade with them, but droning on about them is boring. I want the show to continue, so I want it to be profitable and that’s why I shop at Amazon frequently and I use the FTL link so FTL gets a portion of the profits – I also buy from many of FTL’s advertisers, not necessarily because the advertisers are the greatest purveyors of their respective wares, but because I want advertising with FTL to be effective and worthwhile, and these are the little things I can to contribute to a show that I really enjoy. If I am wrong – I believe I will eventually understand this and my heart will change, but for now; bitcoin talk = dull, boring sleepy time.

Props to Ian for indirectly referencing this thread in Monday’s (03 December 2012) show.  I never said “infomercial” and haven’t seen it elsewhere in the BBS in relation to Bitcoins, so that must have come from conversations Ian and Mark have had – I wonder who said “infomercial” first?
 
(I found the infomercial comment):

How much did BitInstant pay for this infomercial?

I hope it was not only lodging and travel.
« Last Edit: January 10, 2013, 04:08:34 PM by ElGuapo »
Logged

freeAgent

  • pwn*
  • FTL AMPlifier
  • *
  • Offline Offline
  • Posts: 3660
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #7 on: January 12, 2013, 08:57:14 PM »

Bitcoin discussions seem to have died down recently, but I haven't been paying attention too closely to the show.  I only listen when I can, which is not often.
Logged

ElGuapo

  • Offline Offline
  • Posts: 80
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #8 on: March 13, 2013, 10:17:45 AM »

I was listening to the show from 11 March 2013 in which Mark states that Bitcoin and Litecoin are the exact same technology and therefore equally hackable - this is untrue and here's a little blurb from github which explains why;

The purpose of Litecoin is to function as silver to Bitcoin's gold, in the sense of being a relatively less valuable coin that is easier to obtain and transact with. The properties that make Litecoin fit to accomplish this objective can be summarized as follows:

    Transactions are 4 times faster than with Bitcoin, in exchange for somewhat weaker security guarantees.
    CPU mining means that the barriers to entry into the Litecoin mining market are cheap relative to Bitcoin mining.
    The total amount of litecoins is 4 times higher than the total amount of bitcoins.

From https://github.com/litecoin-project/litecoin/wiki/Comparison-between-Bitcoin-and-Litecoin 13 March 2013

Ultimately, the bitcoin is Mark & Ian's favorite investment - the commercials remind me of those secret stock tip emails. As I've said - I have bitcoins & I trade with them occasionally, but I don't find them to be particularly useful.

Both bitcoin and litecoin are "hackable" to varying degrees, depending on your understanding of what "hacking" is. Hacking doesn't mean that someone breaks into the bitcoin system and steals coins. Hacking of bitcoin might be accomplished by exploiting an observed flaw in the system (I don't currently know of any) or re-purposing an existing feature of the software or transaction process in such a way as to alter the way the system works or prevent it or some feature of it from functioning properly or within normal parameters - these are often very simple and extremely devastating hacks because the system or process must be changed in order to recover from it. I don't know of any Hackers who have put forth any significant effort in testing bitcoin - it would be like taking down the monetary system of Second Life or Eve Online - sure you'd piss some people off, but what would be the point? I don't doubt that the bitcoin system will eventually be razed to the ground - but I don't want to see that happen because I like alternative currencies.

It still makes for boring radio & I still change the channel whenever Mark, Ian or one of the other hosts start yammering on about bitcoin.
Logged

paulie

  • Offline Offline
  • Posts: 7
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #9 on: March 13, 2013, 10:47:14 PM »

I wonder at what point and to what severity that one has to "drink the koolaid" to believe bitcoin software, or ANY software, is non-hackable.  LOL  Will there be an "eat crow" moment?  Should a "fantasy bitcoin pot" be started to guess when the whole thing will implode?
Logged

Diogenes The Cynic

  • Cynic. Pessimist. Skeptic. Jerk.
  • Offline Offline
  • Posts: 3706
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #10 on: March 18, 2013, 07:43:45 PM »

I wonder at what point and to what severity that one has to "drink the koolaid" to believe bitcoin software, or ANY software, is non-hackable.  LOL  Will there be an "eat crow" moment?  Should a "fantasy bitcoin pot" be started to guess when the whole thing will implode?

Maybe the bitcoin mining that drove up their prices in the beginning was already that.

But physical currency is known to be hackable. If anything, you have to compare it to that.
Logged
I am looking for an honest man. -Diogenes The Cynic

Dude, I thought you were a spambot for like a week. You posted like a spambot. You failed the Turing test.

                                -Dennis Goddard

Heread1939

  • Offline Offline
  • Posts: 1
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #11 on: November 30, 2013, 09:13:52 PM »

I would definitely agree on the different opinions you just mentioned about the uprising terms for bitcoins and it really gives an important aspects and methods for me in handing the digital currency form that we are facing this days. I been dealing my transactions on FRJ- forex review journal, and I'm glad that they have several forms and reviews for forex.
Logged

sillyperson

  • Offline Offline
  • Posts: 5203
  • Free the Mallocs!
    • View Profile
    • NH Liberty Alliance
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #12 on: December 01, 2013, 06:43:01 AM »

I was an early nay-sayer of BTC on this BBS. My objection then was to bitcoin's fiat nature.

Then I learned a little more and my objections now also include bitcoin's fundamental architecture. Namely, the monotonically increasing ledger file, and the total trackability of all transactions.

"BTC laundries" are a total joke, any decent computing power (think FBI, not even NSA) will be able to untangle that obfuscation.
And the fact that BTC Guild has such a large fraction of the miners, makes it a nice one-stop place for NSA to trojan this "decentralized" system.

I think there's a reason China and the USA appear to be happy to let Bitcoin flourish.

That said, I am very very interested in Zerocoin.
Zerocoin, IMO, will make Bitcoin fulfill its promise. Not as a new reserve currency, but as a PayPal-like payment mechanism.

tl;dr
* Don't buy-and-hold BTC. It's for sending payments, not storing value
* Zerocoin will be awesome

ElGuapo

  • Offline Offline
  • Posts: 80
    • View Profile
Re: BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
« Reply #13 on: December 02, 2013, 03:49:17 PM »

Whatever it is - it still makes for boring sleepy-time on the radio.
Logged
Pages: [1]   Go Up
+  The Free Talk Live BBS
|-+  Free Talk Live
| |-+  The Show
| | |-+  BITCOINS! BITCOINS!!! BITCOINS!!!!!!!!!
 

Page created in 0.075 seconds with 19 queries.

Free Talk Live Image
Free Talk Live Image
Be your own bank
Free Talk Live Image
Free Talk Live Image
Liberty Stickers
Watch the Ridley Report
Mark Warden - New Hampshire Realtor
Midas Resources
Free Talk Live Image
Amazon
Buzzbox Coffee
freedomcam.net
Quantum Vibe from Bighead Press
Free State Project
Free Talk Live Image
Advertise Market Promote with AMP
Free Keene - NH Liberty Activism
shiny badges
Join the Shire Society
Freedom's Phoenix
iHeartRadio
stitcher smartradio
talk stream live
FTL on AudioNow
bitcoin not bombs
Liberty on the Rocks