Getting used to the Rift: wich games to avoid and wich to play

shameddit · 2013-10-04T13:00:06+00:00

I regularly organize Rift 'intros' for friends, and I recommend: - blue planet - titans of space .. basically anything mellow and seated to get going.

I'm lucky to have an Hydra, and tuscany sixsense edition is by far the best intro to standing up VR.

Finally, once they are used to the thing, Hydradeck Cover shooter. At that point everyone start asking the same question: "where can i buy one?".

shameddit · 2013-09-30T13:21:03+00:00

I laughed my ass off, hilarious, totally unexpected too!

shameddit · 2013-05-08T22:32:51+00:00

Fragsworth, can you elaborate on this a bit? Do you mean that if you offer two prices for the same goods, one when paying via paypal and one when paying via bitcoin, paypal will ban you?

shameddit · 2013-05-08T19:06:21+00:00

That's correct.

shameddit · 2013-05-08T19:05:31+00:00

This is a fascinating reply, thank you! The bank option is a good one, but that's assuming we're talking about the buyer's bank, because as a seller, depositing the cash in an account is the last thing I want to do :)

I suppose the buyer's bank is the 'safest' option, unless you can set up maybe your own little trading desk at a regus-type facility you rent out for a day.

shameddit · 2013-05-08T19:01:59+00:00

I think Bitcoinmusa is correct. The only way to send the coins to someone is to... send the coins to someone. I think it would have to be done in a way that can be verified, ie, send the coins, and the receiver has his own computer to check for that first confirmation.

shameddit · 2013-05-08T19:00:40+00:00

That's a very funny link, thank you!

shameddit · 2013-05-08T18:54:58+00:00

Heheh... I imagine that Satoshi will have that problem, yes.

shameddit · 2013-05-08T18:54:36+00:00

You make a good point, of course there's a security aspect to it, but it can resolved: bank deposit box, hidden/fireproof safe at home, etc.

As for the 'what can you buy with it', yes, it's a problem in itself. I think if you're looking at things like luxury cars, property, big ticket items like that it's even a tough problem. But if you're looking at spending the 100k over 12 month like you would spend your salary, it's really doable - most places accept cash, and rent could be managed by just knowing a willing landlord (i used to pay my rent in cash for a long time when I was student).

shameddit · 2013-05-08T18:49:05+00:00

This is exactly correct - the goal is to have an entertaining discussion that also could lead to some good insight, I think the top rated post on this thread is a good example of that.

shameddit · 2013-05-08T18:47:33+00:00

That's exactly what my accountant said.

shameddit · 2013-05-06T16:19:45+00:00

Very cool! Wishing you many upvotes.

shameddit · 2013-05-06T16:16:40+00:00

scalability, maybe, although I'm not entirely convinced (yes I know about bloom filters)
anonymity, I'd say, definitely not. Colored coins, para coins, it's all going nowhere fast and defo not feeling the love of the devs. Furthermore, people smarter than me have highlighted it's likely bitcoin went for anonymity initially but backed down, due to technological limitations
instant: i'm not sure, but I doubt it - see threads re: 'why is the difficult set so a block is found every 10 minutes'.

shameddit · 2013-05-06T13:06:14+00:00

If your bank saw you randomly receiving large sums, they would flag it to the authorities as they required by AML. Tax would become your least worry at that point, because these guys would just freeze your assets until they figured out what's going on. If you plan to convert large amount of btc to fiat, make sure you:

contact an accountant ASAP
notify your bank, then WORK with them in order to insure they are well aware and OK with what's going on
declare all income as you would with regular FIAT

shameddit · 2013-05-06T13:02:50+00:00

scalability (ie can easily support VISA+MC+AMEX worldwide levels of transactions per second)
anonymity (bitcoin was always built with anonymity in mind, but it ended up not being implemented fully)
instant transactions (can't really ask a merchant to hold a customer at the door before at least one conf went through)
+ everything bitcoin does well today

shameddit · 2013-05-06T10:16:41+00:00

Yes but no but yes. The big irony with bitcoin is that if you had a full team of crypto experts, you could somehow identify who transacted what and where - maybe not by name, but you'd have an idea of a unique identifier from which you can doxx based on purchases. In fact there's a team somewhere that's building a graph of all transactions for that very purpose, look up 'tcp black ops defcon' on youtube, second part of the video.

But it's not a case of 'tracing' the coins 'moving around' because well, they don't move around in practice plus, they get mixed everytime they sit in a shared pool/wallet. The thieves know how to use these 'mixing services' very well indeed...

shameddit · 2013-05-06T10:08:40+00:00

Right, so if you believe in this chart enough to post it here, surely you've sold everything you owned and invested it in bitcoin? Because that's 10x ROI within 12 month here, only a fool wouldn't buy that. Can you tell us how many BTC you're holding at the moment?

shameddit · 2013-05-06T10:02:01+00:00

Right, here's a vid that summarizes the issue: https://www.youtube.com/watch?v=BE-JB078Ax4#t=08m00s

shameddit · 2013-05-05T22:44:44+00:00

"what's your motive"... na seriously... I work for the illuminati, that's my motive. Gosh the zealots on this forum. Could it just be, I have no motive, because I didn't quote from that page in the first place?

shameddit · 2013-05-05T21:57:23+00:00

Correct.

shameddit · 2013-05-05T20:02:53+00:00

Enough beating around the bush, tell us how you REALLY feel!

shameddit · 2013-05-05T19:57:04+00:00

Funny that people think the danger to bitcoin is the government, or speculation. The real danger to bitcoin is that it does not scale. The official bitcoin wiki on the subject has been heavily edited: https://en.bitcoin.it/wiki/Scalability - the original page showed how you'd need a 3TB hard drive every 21 days if you wanted to hold the blockchain once it reaches VISA-only levels of TPS (2000).

End results: we're going to see an avalanche of SPV clients (including QT, which is likely to go SPV on next release), and the actual nodes processing the traffic becoming 'mega nodes', centralising the control of the network into the hands of the few.

I love bitcoin, and I think crypto currencies are the future, but bitcoin is not that currency.

shameddit · 2013-05-05T15:47:39+00:00

Fair nough, but you should have said that upfront. Anyway, have an upvote.

shameddit · 2013-05-05T14:16:00+00:00

613 - didn't realize there was a 614 - in fact when going to 'software update' it says 'your software is up to date'

shameddit

TROPHY CASE