Mind's Eye Re: Bitcoin

Dear members.
I am happy to see that we seem to be back to our normal running mode. 
I was shocked to see that Bitcoin is at present trading for 1 BTC = $890.00. 3 years ago it traded for 1 BTC = $0.05.
What do you make of that? Has anything in the past gone up in value so fast? Does it point to the eventual demise of the dollar? Is it because people are hording it? Is it because of the world situation with some countries trying to get off the dollar and the petro dollar as the world currency?   Is it because the BTC has such promise to break away from the control of the banksters? Does anyone in this group use Bitcoin?  Other than buying drugs and giving donations, I do not see much use for it in Switzerland. Nor is it well known here. I hear that in other countries, it is used for buying more things. 

I made an addition to my previous video "Bitcoin - Simplified" called "Bitcoin wallets". I invite you to watch it and comment on it.

The link to my video is below:

https://www.youtube.com/watch?v=_uwWbDW249I&feature=c4-overview&list=UU9rOAPUfZe3KEja0vvFpe_A

The text for those that prefer text only is below.

Bitcoin wallets

In order to send and receive Bitcoin (BTC), a BTC wallet must be used. Each wallet acts like a letterbox, having a public address so that anyone can send and insert Bitcoins into it and a private key to access, remove or send any of the Bitcoins it holds. BTCn addresses and private keys are strings of numbers and letters like "175tWpb8K1S7NmH4Zx6rewF9WQrcZv245W" or QR matrix bar codes of the strings. A BTC wallet is a free open source program called a "BTC client" that generates public addresses and private keys. They come in a variety of forms, from mobile wallet apps for mobile devices, software wallets like "Multibit" for computers and web wallets available at sites like www.blockchain.info or www.coinbase.com.  Just like email, all wallets can interoperate with each other.

Mobile wallets allow you to bring Bitcoin with you in your pocket. You can exchange coins easily and pay in physical stores by scanning a QR code or using Near Field Communication Technology (NFC) for "tap to pay" ease. Software wallets are installed on your computer. They give you complete control over your wallet. You are responsible for protecting your money and doing backups. Web wallets allow you to use Bitcoin anywhere with less effort to protect your wallet. However, you must choose your web wallet with care as they host your Bitcoins. The public addresses and private keys of wallets can be stored on a memory stick or printed out on paper so that the wallet can be recovered if the phones or computers fail or get lost, or the web sites are shut down.

Once you have a BTC wallet, there are 2 ways to fill it with Bitcoins; mining and buying. Mining involves running a BTC Mining program on your computer that records all BTC transactions in the BTC peer to peer (P2P) network. Your computer becomes a bookkeeper that keeps a ledger of all transactions that are relayed to you and that you relay to every other BTC miner. At the same time each miner works on solving a very difficult puzzle that can only be solved heuristically by trying various solutions at rarndom. Like a lottery, someone has to eventually hit on the solution by chance. If you are the first to solve this puzzle, then the ledger of the transactions you recorded must be accepted by every other miner and you get rewarded with new Bitcoins generated. This can be compared to mining for gold and being lucky to find some. An easier and much quicker way to acquire Bitcoins is buying some. You must register at a commercial Bitcoin exchange, like www.bitcoin.de, www.bitstamp.net, or www.mtGox.com where you can send a money transfer from your bank to buy or sell Bitcoins.

Bitcoins are traded on the free markets. 3 years ago, 1 BTC was worth $0.05 USD. At present, Nov 26 2013, 1 BTC is worth $890.00.   To keep your Bitcoins safe, spread them out over different wallets by generating a new wallet for each transaction. If you have your wallet stored on your computer or mobile phone, make sure to keep the software up-to-date. Follow general internet safety protocols like not downloading anything you don't trust, using a virus checker, and choosing passwords that are at least 13 characters long with a mixture of upper and lower case letters, numbers and symbols. Always create a paper wallet - a paper print out of your wallet`s address and private key. If you lose your private key, you will not be able to access your Bitcoins and will lose them. If you lose your public key, you will not be able to receive any Bitcoins. Treat the print out of your wallet just like cash - if your BTC wallet contains a great deal of Bitcoins, then keep your print out in a fireproof safe or a bank security box.

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Re: Mind's Eye Re: Disgust

thanks for the article james.. its so funny.. and i quite agree,,,, there is no reason .. but sometimes some people i have to meet daily just annoy me so much.. and i spend hours rationalizing my dislike... hating my irritability at the same time...actually it can happen with over familiarity too... and its hard to escape when you share a room with someone... thats why i spend hours outside like in the lib or elsewhere when theres no class .. cos otherwise over presence of my roommates kills me... and would kill them too if i didnt go anywhere... intersetingly can you read peacefully if someone is sitting quite close to you in the library.. i just freak out if someone sits close to me.. i just cant read ..although the other person might be lost in their work... well its evident a single room is my dream right now......

On Tue, Nov 26, 2013 at 5:04 PM, Molly <mollyb363@gmail.com> wrote:

Bravo for finding the Dr. Fell citation, Ash.  And the article is interesting, all the references to irrational irritability are literary.  Interesting that we not only behave in this way, but explore those behaviors in our fiction throughout the ages.

On Monday, November 25, 2013 11:13:39 PM UTC-5, Ash wrote:

Hello Don and polsyched (0.o kidding), nice to read you. I've found
types that center on personalities and which ones they approve or
disapprove to be rather fickle and out of touch, much of the time out to
reinforce biases. But then again I seem to have 'sucker' or 'easy mark'
printed on my forehead or something, so of course I would think that.
And no, that isn't meant for any members present! Just referring to
narcissistic usury, most types of violence fit the subject of disgust IMO.

Don I think that the repulsion to certain individuals is defensive, and
it is important to learn what our buttons or triggers are. From my own
inspection I think identifying the predator sooner is a valuable trait
to avoid dangers for oneself and family, almost any other annoyance can
be handled with a stern smile and a 'have a nice day'. It is harder in
large groups, too many variables. That seems a simple non-specific way
of placing the anxiety anyway.

There is a lively and humorous examination on this subject in free
e-book format, a casual read (link below, pg.417). I was laughing a bit
while reading because of people I've known.

About Not Loving Dr. Fell; And The Reason Why, by Francis Jacox
THE NEW MONTHLY MAGAZINE. VOL.137, William H Ainsworth, 1866
http://books.google.com/books?id=Jz4FAAAAQAAJ&pg=PA417

My past teachers would undoubtedly cringe at that MLA format. :)

On 11/24/2013 3:54 PM, Don Johnson wrote:
> Greetings fellow Mind's Eye members. I am crashing this party because
> the only person to touch on my immediate response to the question was,
> of all people, Allan. I believe both the disgust and irritability
> reactions are related to survival and self-protection. Feces, blood,
> gore, etc. carry harmful microbs. Thus, if our surviving ancestors
> were grossed out by such then it stands to reason we would inherit
> this reaction. It can be overcome by repeated exposure or ignored in
> order to understand. The inquesitive among us often do what most of us
> would consider foolish in order to understand what is obscure. Our
> irritability reaction to some folks is probably because they remind us
> of others that have wasted our time or stolen from us or where
> otherwise unhelpful or useless. Could be their appearance, the way
> they talk, accent, etc.
>
>
> Alan, poli is a chick.
>
>
> dj
>
>
> On Thursday, November 21, 2013 3:34:03 AM UTC-6, pol.science kid wrote:
>
>     I was wondering.. why do we make a face when we see something
>     disgusting.. or why does disgusting exist for humans.. in the pure
>     sense.. for example if we see a gory seen we turn away.. i dont
>     think any animals do.. or we see crap... or i dont know.. gooey
>     stuff.... what is it that gives us goose bumps... cos there is no
>     reason why we should.. you know... but then some get used to it...
>     like serial killers or doctors.... any thoughts?
>
> --
>
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> You received this message because you are subscribed to the Google
> Groups ""Minds Eye"" group.
> To unsubscribe from this group and stop receiving emails from it, send

> an email to minds-eye+...@googlegroups.com.

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Re: Mind's Eye Re: Disgust

Bravo for finding the Dr. Fell citation, Ash.  And the article is interesting, all the references to irrational irritability are literary.  Interesting that we not only behave in this way, but explore those behaviors in our fiction throughout the ages.

On Monday, November 25, 2013 11:13:39 PM UTC-5, Ash wrote:

Hello Don and polsyched (0.o kidding), nice to read you. I've found
types that center on personalities and which ones they approve or
disapprove to be rather fickle and out of touch, much of the time out to
reinforce biases. But then again I seem to have 'sucker' or 'easy mark'
printed on my forehead or something, so of course I would think that.
And no, that isn't meant for any members present! Just referring to
narcissistic usury, most types of violence fit the subject of disgust IMO.

Don I think that the repulsion to certain individuals is defensive, and
it is important to learn what our buttons or triggers are. From my own
inspection I think identifying the predator sooner is a valuable trait
to avoid dangers for oneself and family, almost any other annoyance can
be handled with a stern smile and a 'have a nice day'. It is harder in
large groups, too many variables. That seems a simple non-specific way
of placing the anxiety anyway.

There is a lively and humorous examination on this subject in free
e-book format, a casual read (link below, pg.417). I was laughing a bit
while reading because of people I've known.

About Not Loving Dr. Fell; And The Reason Why, by Francis Jacox
THE NEW MONTHLY MAGAZINE. VOL.137, William H Ainsworth, 1866
http://books.google.com/books?id=Jz4FAAAAQAAJ&pg=PA417

My past teachers would undoubtedly cringe at that MLA format. :)

On 11/24/2013 3:54 PM, Don Johnson wrote:
> Greetings fellow Mind's Eye members. I am crashing this party because
> the only person to touch on my immediate response to the question was,
> of all people, Allan. I believe both the disgust and irritability
> reactions are related to survival and self-protection. Feces, blood,
> gore, etc. carry harmful microbs. Thus, if our surviving ancestors
> were grossed out by such then it stands to reason we would inherit
> this reaction. It can be overcome by repeated exposure or ignored in
> order to understand. The inquesitive among us often do what most of us
> would consider foolish in order to understand what is obscure. Our
> irritability reaction to some folks is probably because they remind us
> of others that have wasted our time or stolen from us or where
> otherwise unhelpful or useless. Could be their appearance, the way
> they talk, accent, etc.
>
>
> Alan, poli is a chick.
>
>
> dj
>
>
> On Thursday, November 21, 2013 3:34:03 AM UTC-6, pol.science kid wrote:
>
>     I was wondering.. why do we make a face when we see something
>     disgusting.. or why does disgusting exist for humans.. in the pure
>     sense.. for example if we see a gory seen we turn away.. i dont
>     think any animals do.. or we see crap... or i dont know.. gooey
>     stuff.... what is it that gives us goose bumps... cos there is no
>     reason why we should.. you know... but then some get used to it...
>     like serial killers or doctors.... any thoughts?
>
> --
>
> ---
> You received this message because you are subscribed to the Google
> Groups ""Minds Eye"" group.
> To unsubscribe from this group and stop receiving emails from it, send
> an email to minds-eye+...@googlegroups.com.
> For more options, visit https://groups.google.com/groups/opt_out.

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