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Dell Starts Accepting Bitcoin

JcMorin Until dell can pay it's bills with Bitcoin.... (152 comments)

Of course they are converting it, but if they have a supplier in China that will accept Bitcoin too and they want prefer using Bitcoin to save days and thousands of $ in processing fees. Have you ever done an international wire transfer? It's long and painful while Bitcoin is free and instant. Nobody expected the market to change at once, just like the email didn't remove all fax machines at once, but 1 at the time.

about two weeks ago
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Uber Is Now Cheaper Than a New York City Taxi

JcMorin Re:And in other news (139 comments)

That's a nice starting advantage!

about three weeks ago
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Tractor Beam Created Using Water Waves

JcMorin agree (71 comments)

I agree, in todays world, such claim need to be backed by something like a video...

about three weeks ago
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Investor Tim Draper Announces He Won Silk Road Bitcoin Auction

JcMorin inflation is not related to economy growth (115 comments)

Inflation is the increase of the money supply, this lead to price increase. Bitcoin is great because it is a controlled inflation currency. We all know how many bitcoin are created every 10 minutes and that for the next 100 years. You have no clue how may trillions USD will be printed in the next 10 years.

about a month ago
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Winners of First Seized Silk Road Bitcoin Auction Remain Anonymous

JcMorin No exchange at all (88 comments)

Since it's a big volume, picking one particular exchange would disturb the price of Bitcoin temporarily. That's why they decided to auction them instead. They could have sold it to the market, but to be wise the would should to sell like 10 BTC per hours unless they willing to go into [bigger] Chinese exchanges... The beauty of bitcoin is that you don't need clearing house, exchange or bank. You can trade them directly.

about a month ago
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Latin America Exhausts IPv4 Addresses

JcMorin Re:Y2K (197 comments)

Yeah soon you won't be able to go on the internet!

about a month and a half ago
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As Crypto Mining Grows, Data Centers Begin Accepting Bitcoin

JcMorin Re:Why would they accepts fantasy money? (94 comments)

Monopoly money can be print a zillion time, making it a bad choice. Bitcoin is limited and controlled... that's why it can be used as a currency. Before saying anything stupid, read how the blockchain, proof or works and distributed decentralized consensus works in Bitcoin and you will understand why it's a great invention.

about 2 months ago
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Rand Paul Suggests Backing Bitcoin With Stocks

JcMorin Bad idea, backed by something is bitcoin death... (404 comments)

The second your backed by something, there is an authority. Gold? Who own/store the gold, what if the gold get stolen or seize? Backed by stocks? Who own the stocks, on what market? What about stock owning regulation? No! The idea is to having something you can trade without the paperwork, anywhere to anywhere for anything, from a phone instantly & borderless. If you like a backed currency, try your own and let the Bitcoin experient goes... time will tell!

about 3 months ago
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Firefox 29: Redesign

JcMorin did you checked the video? (688 comments)

According to the video you can select the icons and menus you want to display in the toolbar... that include all the addons/plugins/extensions too. What customization has been dropped?

about 3 months ago
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Five-Year-Old Uncovers Xbox One Login Flaw

JcMorin What kind of code that do that? (196 comments)

I means what kind of code can allow a space password to be approved... the MD5 didn't surely checked... oh wait... another buffer overflow because the length of the password that too big? Why the space? It is a like a backdoor the developer forgot to removed?

about 4 months ago
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US Court Freezes Assets of Mt. Gox CEO

JcMorin Re:Interesting parallel (132 comments)

The government did seize twice 5 millions in cash from Mt. Gox banks account. Giving back this money would be a good start.

about 5 months ago
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MtGox Files For Bankruptcy Protection

JcMorin Re:its a problem that exists BY DESIGN (465 comments)

Of course it's by design, if you pass a $100 bill to someone and he run, you lost it and can't have it back. It's the same thing with Bitcoin. Bitcoin is design to put the power in the hand of the people rather than in the bank like the traditional system. If you trust a company to hold your bitcoin you have the risk of losing them. You nailed it, you disagree with the design, but only time will tell if Bitcoin is good or not.

about 5 months ago
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MtGox Files For Bankruptcy Protection

JcMorin Re:gambling (465 comments)

Knowing all the problems that Mt.Gox created BEFORE they stop the withdrawal (ddos, bank delays, bad PR, bad code). My best guess is that most people that had coins there were speculators (because the price was higher because of the delayed bank transfer). Real Bitcoin users don't keep their bitcoins in an exchange but on their device. I still feel sorry for everyone that lost something, but life goes on and other exchanges will add more transparency about their reserve and better software code.

about 5 months ago
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Quebec Language Police Target Store Owner's Facebook Page

JcMorin Re: Best Buy as a local store (506 comments)

I assume you are an american so I've use one company that you know but name sell electronics. For your information Best buy DO have local store near me that employ local people. Americans don't travel the border state everyday to do work in all Best Buy in Canada :) I could have name a small company that you have no clue what it is... what's the difference?

about 5 months ago
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Quebec Language Police Target Store Owner's Facebook Page

JcMorin I live in Québec and those law are pretty stu (506 comments)

I live in Québec and because of those law I can't purchase product from the local store because the box is not en French. It happend to me last year where I purchase some headphone (nothing fancy there were even NO paper in the box to explain how to plug it). But since the box wasn't available in French, Best-buy would not have the product, online I could see it but they would refuse to sell it to me if my address was in Québec. So I've went to competitor in Vancouver that is not affected by Québec law and purchase it. Result? The law has remove a sale from my local store and move that else where.

about 5 months ago
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Mt. Gox Gone? Apparent Theft Shakes Bitcoin World

JcMorin Re:So, you're doing the equivalent of putting your (695 comments)

Yes, but I can make a backup encrypted copy online or on another computer so I my house burn I don't lose them. To spend bitcoin all you need the private key of the public key. The public key is your address. So you can even write it down or print it on a piece of paper if you want. If someone get to your private and transfer to money to his address your screwed because when you will try; the bitcoin network will detect the double spending and will reject your transaction.

about 5 months ago
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Mt. Gox Gone? Apparent Theft Shakes Bitcoin World

JcMorin Re:Mt.Gox has a long history of problems, Bitcoin (695 comments)

You don't need a bitcoin IF you have bitcoin, but the exchange service like Mt.Gox is doing exactly that, changing your cash to bitcoin and bitcoin to cash. Once you have Bitcoin you should remove them from the exchange service and store them on your own device to avoid any potential lost.

about 5 months ago
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Mt. Gox Gone? Apparent Theft Shakes Bitcoin World

JcMorin Re:Where's the bailout? (695 comments)

god thanks we don't bailout poor managed company. At least the failure of Mt Gox will not result in more money printing resulting is the reduction of value of the rest of the population. There bitcoin may be gone but not mine.

about 5 months ago
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Mt. Gox Gone? Apparent Theft Shakes Bitcoin World

JcMorin Mt.Gox has a long history of problems, Bitcoin not (695 comments)

Mt.Gox is like a bank, it's not because one big bank fail (Lehman Brothers for instance) that the whole currency is bad. Mt Gox was poorly managed, bad software code, bad PR, often DDOS. They couldn't stand the #1 place they hold for too long. I'm very sorry for everyone who lost money with Mt. Gox but don't get me wrong. Bitcoin ecosystem still exist and many other exchanges services will emerge as of that. Users and investors will have to be very careful about where they hold their money. In my case, I trust my on own encrypted devices.

about 5 months ago
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More Bitcoin Exchanges Forced Out of Sync After Massive DDoS Attack

JcMorin Re:What about the blockchain size issue? (135 comments)

The blocksize is not a problem. Even if it's 250 gig... who care? Most client do not download the full blockchain and miners have no problem with 250 gig. It's also possible in the future to have a reference block every ~1 times and that block can remove all input that have been spend and *could* remove 1 satoshi addresses for instance.

about 6 months ago

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