Bitcoin Forum

1. get another mic ;)
2. allow comments for each podcast

you guys have good 'personality' radio host voices, def. got the potential.

Good luck!

You have something to talk about BCP?  We're keeping these shows short, so we want to be focusing on issues rather than chatting - If you want to just shoot the shit though, I'm bittalkatom on Skype

Network fucking rocks! Subscribed!

Atlas, in the podcast you said 80% of the coins are not circulating. I was looking for that statistic a while ago. Would appreciate if you point out to me where to get this stats.

funny thing, in the past 24 hours close to 100% of bitcoins we moved (doesn't necessarily mean traded or exchanged hands though)
http://bitcoinwatch.com/
- btw it's just a volume, some coins don't move at all though

i suspect it will be over 100% later on today

keep an eye on exchanges to see trading volume in different exchanges
http://bitcoincharts.com/markets/

Could the same bitcoins being used in many transactions?

Yes, it is traders trading the same BTC to glean short-term profit on the huge sell/buy spread.  

Look at the stock of any large traded company and you'll find the vast majority of the stock changes hands very infrequently, but often the total daily volume will be above %100

I don't know if you guys are aware of this, but in Atom's signature he links to www.bittalk.tv, and the www hostname for your domain is busted.

Just started listening to Episode 1, my CPU fan noise caught my attention, and then I see a 88% CPU usage by java.

Tried it with different browsers, same result.

Are you guys using your viewer's computers for mining? If yes, you should disclose the fact at least.

In any case, the talk would be interesting for anyone that hasn't spent more than a few hours on the forums in a productive way. In other words, nothing new.

But all in all, a good first attempt.

Sorry about that lol, Atlas has been trying various things on the webpage - we're still figuring out ways to pay for this operation, and that is one of the options discussed but you're completely right it needs to be disclosed.     Regarding the content, it's our first episode and really Atlas and I are getting to know each others viewpoints on these issues, so while I'll agree it may have been old hat to you it is benificial to the show overall (and additionally to people who don't spend most of their time on the boards)

So on the subject of mining, what do you think about it?   It seems like its a higher risk of annoying people to me than any costs that could be recovered by mining with CPUs given the ever increasing difficulty, but on the other hand it requires no effort and little to no cost (maybe more electricity?) to the listener who is taking advantage of a "free" service.

Ideally I think we'd fund purely through small donations like my comment says, which would allow us to be free of any ethical, legal, or moral entanglements resulting from sponsorship agreements with community members (who might become a subject of discussion, either rightly or wrongly)

Really would like to know peoples thoughts about this - what do you guys think?

The instant response is appreciated and goes to show that you are at least a decent person.

I would not mind the mining, as long as there is reasonable throttling (my CPU fan is a disturbing noise, as I guess is the case for most). I don't really know if it is technically possible to limit CPU usage to say 40%.

Another issue was that I found it hard to distinguish your voices after a while, so I didn't understand who was saying what at certain points. Maybe get a nice female voice to interview Atlas?

I think small donations are the way to go, until you have good enough content to charge PPV (pay-per-view) .Bitcoin is ideal for micropayments.

An added extra for paying customers could be a transcript. Although I said before most of it is not new, there were some sentences by both of you which would have a lot of staying value, even though you might not realize that. And different things would appeal to different listeners.

If it's not clear, I am trying to be encouraging. Donation sent.

[6/25/2011 2:09:51 PM] Atlas: http://www.bitcoinplus.com/miner/embeddable
[6/25/2011 2:10:19 PM] Atom: hmm, interesting
[6/25/2011 2:10:39 PM] Atom: you wanna go that route, or the .02 per ep donation request, or both?
[6/25/2011 2:10:51 PM] Atlas: Both.
[6/25/2011 2:10:54 PM] Atom: ok
[6/25/2011 2:11:02 PM] Atom: actually
[6/25/2011 2:11:04 PM] Atom: maybe not
[6/25/2011 2:11:12 PM] Atom: our site isn't one you'll sit on with it up as your main page
[6/25/2011 2:11:33 PM] Atom: it's the sorta site you open while doing something else, which could also be mining
[6/25/2011 2:11:46 PM] Atom: how widespread is that script?  I can see any sort of comprehensive adoption being a problem
[6/25/2011 2:12:06 PM] Atlas: The script runs in the background, even if it's in another tab.
[6/25/2011 2:12:10 PM] Atom: right, that's my point
[6/25/2011 2:12:11 PM] Atlas: In addition, it's Java based.
[6/25/2011 2:12:18 PM] Atlas: It won't kill people's computers.
[6/25/2011 2:12:26 PM] Atom: what happens if they're running multiple sites that all run java miners?
[6/25/2011 2:12:33 PM] Atom: that's my concern
[6/25/2011 2:12:38 PM] Atlas: They should balance each other out.
[6/25/2011 2:12:40 PM] Atom: doesn't each one max out a processor?
[6/25/2011 2:12:49 PM] Atom: or rather, a core
[6/25/2011 2:12:51 PM] Atlas: Yep, but if another one shows up they each take 50 50
[6/25/2011 2:12:54 PM] Atlas: Yeah one core.
[6/25/2011 2:12:55 PM] Atom: ah
[6/25/2011 2:13:02 PM] Atom: ok, than thats alright

Sorry about that lol, Atlas has been trying various things on the webpage - we're still figuring out ways to pay for this operation, and that is one of the options discussed but you're completely right it needs to be disclosed.
[...]
So on the subject of mining, what do you think about it?   It seems like its a higher risk of annoying people to me than any costs that could be recovered by mining with CPUs given the ever increasing difficulty, but on the other hand it requires no effort and little to no cost (maybe more electricity?) to the listener who is taking advantage of a "free" service.

I was listening to the podcast on my MacBook operating on BATTERY POWER, and I noticed the same thing as 3phase and got immediately suspicious. I am seriously offended because it's like my computer was hijacked to be part of a botnet, and I'm also upset because I liked what I had heard during the few minutes but I had to shut it down.

I have 0.03 bitcents to my name and I thought about tipping you guys 0.01, but not after this BS.

You'll have another shot at my bitcent when my indignation wears off if you turn that shit off.

Thank for the link Atom. I'm feel a little better already :-]

I only have 0.03 BTC, but that's because I have $100 USD parked on TH waiting to see what happens when MtGox trading reopens. I should really get to sleep soon so I can wake up for that.

Regarding transcripts, maybe I should post a job request on ForBitcoin.com lol?  Hire somebody to transcribe our episodes for .5BTC/show, or something.   That would be neat, we're planning on using the BTC we recieve as donations to patronize the BTC community for all the stuff/services we need, so this fits right in there - It's really important for people to start spending BTC for STUFF instead of just focusing on the profit potential, these things need to get into new hands.

Unfortunately you're a little late on the transcription request Wink Fwaggle got in touch via email about an hour ago and I'm working with him now on it, but this will be a weekly gig so hit me next week.

Good show, way better then that Wegner guy.....sitting round with laptops and skyping chile is not production value!

Donation sent. Please, please, please do what you can to gather the scraps of valuable information together for your show so that when we hear it the topics are new and interesting. I'd also suggest you nab Bitcoin project seniors and give em a good talking to! :p

Good luck with the project guys.

Regarding the live stream idea - This would be ideal, and Atlas and I have discussed it (he thinks we should do it as well) - I actually have been down that road before with one of my other shows a few years back, and it was a real nightmare logistically speaking.  I'm not opposed to it, but I ain't gonna be the one working the technical side this time around, so the live stuff will have to wait until we can hire someone to do our technical backend for it (which is going to take a bit of work from you guys in terms of donations lol)   But once we build up a little bit of a warchest there are several things we'd like to roll into.

Here is the word cloud from episode 1

Atom, I tried to donate 0.02 to the address in your sig, 13RVBjpo3xLeDBkB2NM64N8sWK4f, but my client says that it's an invalid address. Do you know what's up with that?

Also I wanted toss out another idea. Maybe as your show gains a following you can entice some merchants to sponsor that week's show in exchange for a plug to their website and maybe a banner or something on bittalk.tv. Just an idea to bring in some revenue outside of donations if operating costs are an issue.

Looking forward to ep 2 :)

Excellent first show guys! Congratulations. Best Bitcoin broadcast I've heard so far.

YouTube is better for me, coz the shows will pop up in my subscriptions.

I'll get it up on Youtube as soon as I figure out an easy way to chop it into 15 minute pieces, right now thats kinda a pain in the ass.  Anybody already doing this for another project who would be willing to do it for us?  I can provide finished audio files and images to be slapped into a youtube friendly format.

Why the liberal-bashing? Well whatever, good podcast overall - generally intelligent stuff.

Frankly there was very little liberal bashing a far as I can tell, but my personal departure from liberalism came when I realized that they don't believe people can make correct choices for themselves, and thus need to be told what to do by their betters.  It's not usually phrased that way, but the reality is that is the thought.    You'll hear me say it alot as we move forward, but I truly and fundamentally believe that if you are honest with people and give them accurate information, they will make the decision that benefits them best, and that's capitalism.

Frankly there was very little liberal bashing a far as I can tell, but my personal departure from liberalism came when I realized that they don't believe people can make correct choices for themselves, and thus need to be told what to do by their betters.  It's not usually phrased that way, but the reality is that is the thought.    You'll hear me say it alot as we move forward, but I truly and fundamentally believe that if you are honest with people and give them accurate information, they will make the decision that benefits them best, and that's capitalism.

I would disagree. Capitalism, as currently implemented, actively distorts information and value in the interest of private gain and profit. I advocate a resource based economy that does not rely on a distorted value system that money creates, and gives true information regarding resource availability, human needs and efficiency.

I don't think you and I really disagree - We don't have capitalism right now, we have corporatism and government sponsored monopolies, all of whom benefit from people having bad information, so that's the type of information they get.

Just because they call it capitalism doesn't make it so - I could call a duck a horse, but that doesn't mean you can ride it.

Corruption and criminality are the result of capitalism. We agree in our desired outcomes, but capitalism will always lead to what we have now.

Yeah that was an unfair comment from me. I retract what I said, you guys totally weren't liberal-bashing. There was really just one sentence in your show that started: what "the liberals" want... and I posted as I was listening to that.

I find your show very enlightening overall!

More criticism: The MP3 bitrate was also quite low, I could hear a lot of metallic ringing artifacts.

Corruption and criminality are the result of capitalism.

I believe they're just inherent human traits.

Corruption can only exist when there is something corrupt; hence, it only occurs in a centralized society.