Wait, I don't see any sarcasm signs held high up, but I do see Google's 404 page. Is that it?

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Kevin a.k.a. Dweeber

Wow, it's hard to believe there are people dumb enough to buy into this whole bitcoin scam.

At least Monopoly money comes with a game you can play.

No, it isn't hard. Just look at your regular TV evangelist and all the sheeple that throw money at them.

If there's a demand, make the supply.

I mean, they basically buy & sell hard to obtain SHA hashes. At least THAT has more value than fiat currency ala "hey, let's add a few zeroes to this balance sheet" paper based IOU certificates. At least you know those can't be forged (so the theory goes) and if you have 'em you either bought 'em, stole 'em or mined 'em.

You are missing the point again. Thing X was stolen from person Y. Your perception of the value of thing X doesn't change the fact it was stolen. Bitcoinica did the right thing when they had plenty of opportunity to just disappear. Linode should take a look at the reaction to bitcoinica's information. Although people are pissed off about the hack they like to be kept informed.

Still not seeing how what Bitcoinia said was different than what Linode said.

ericholtman you are, IMO, the only troll in this thread.

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If all else fails, reboot...
PHP Tutorials and MySQL Tutorials

Still waiting to see what Bitcoinia said that was so different.

I've read both.

Unless you trade in gold, or something actually precious that has value, you are part of a scam as well; if you didn't realise that.

So if you are in the USA like your profile says, you're most likely using the US dollar, which is not backed by gold (not anymore anyway), and only derives its value from regulation.

You can start crying now...

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If all else fails, reboot...

PHP Tutorials and MySQL Tutorials

Oh joy, a gold bug.

Is this where you start attacking instead of making a point?

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If all else fails, reboot...

PHP Tutorials and MySQL Tutorials

Not worth my time.

Not even close to being true.

Stocks represent a portion of a actual entity that has assets (both hard and soft) and earn (or not) income.

Currency, for most nations (including the states) are financial bearer notes of that's nations net worth. Which is why inflation (or deflation) when compared to other nations effects the "value" of that nation and hence the value of it's currency (look at Greece for a good working example).

Bitcoins are complete fiction. That actual bitcoin is fiction, and the value placed on that bitcoin is completely arbitrary. As the recent incidents prove, there is nothing "real" about bitcoins. The fact that they are created means they can easily be un-created or have their value manipulated with almost no checks and balances built in to protect them from such things.

https://bitcointalk.org/index.php?topic=11528.0
http://nerdr.com/bitcoin-exchange-scam- ... worthless/
http://technology.gather.com/viewArticl ... 4979477786
http://www.pcworld.com/article/230377/w ... 00000.html

....to list just a few.....

It is simple. A value of $1 means I've done something or traded something that the market values $1. It's an IOU issued by the banks and accepted by common consesus among people that turned that consensus into a law.

Before that you had to actually make an effort and catch a rabit in order to trade its pelt for a bottle of fire water.

Same applies to bitcoins, or to turtle shells painted in flourescent orange.

Except, with turtle shells anyone can make them up. With bitcoins you can't make them up, you have to calculate them and that costs certain resources, hence their value. Not just value as in electricity used, but value decided by someone to trust the nature of those SHA hashes and use them as "financial bearer notes of certain value".

And with "mainstream" currency, anyone in a bank, with sufficient privilege, can access a terminal and add a few numbers to the balance. Oh, wait, but if they do that it's called Quantitative Easing. Silly me.

Try doing QE with bitcoins.

vonskippy is just trying to provoke an argument to derail this ( and every other ) thread.
I think his mind broke when he tried to understand IPv6 and he's been on a crusade against sanity since then.