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fergalr, well done paper, thanks for taking the time to put it out there, helps me understand a few aspects of Bitcoin I did not before. Also, I agree with hugolp,
If you really can prove it as you claim why not do it?
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This is up on reddit http://www.reddit.com/r/Bitcoin/comments/jzv8a/mtgox_kk_tibanne_now_verified_by_verisign/Which actually links to another reddit post http://www.reddit.com/r/MtGox/comments/jzv75/mtgox_kk_tibanne_now_verified_by_verisign/Which brings you to this Mt Gox post Dear Mt.Gox users,
We've been working hard on improving security since the hacking incident in June, and today we're proud to announce that Mt.Gox is the first Bitcoin exchange to be certified by VeriSign with the VeriSign Trust Seal.
The VeriSign Trust Seal is a certification that Mt.Gox’s user information security practices are in-line with internationally recognised standards. Anyone using browsers that can read Internet security certificates may note that their address bar changes colour the next time they visit Mt.Gox. This shows that your are accessing a certified secure website.
There were many stringent requirements Mt.Gox (Tibanne Co. Ltd.) had to meet in order to be certified, one of which being that VeriSign had to independently verify nearly all aspects of our business before approving us. Through this audit process we've proven that Mt.Gox is a safe, secure and transparent service whose security measures meet the highest standards of the Information Communications Technology industry.
We realize that this is a small step towards restoring the trust of our loyal users, and we look forward to delivering further substantial and meaningful improvements to our security in the coming weeks to ensure we continue to protect and support our users.
You can also find us listed on the Tokyo Chamber of Commerce website.
Safe trading,
-The Mt.Gox Team Having never heard of this "Very sign" company before, I checked Wikipedia to find this shocking tidbit In 2002, Verisign was sued for domain slamming – transferring domains from other registrars to themselves by making the registrants believe they were merely renewing their domain name. Although they were found not to have broken the law, they were barred from suggesting that a domain was about to expire or claim that a transfer was actually a renewal.and In September 2003, Verisign introduced a service called Site Finder, which redirected Web browsers to a search service when users attempted to go to nonexistent .com or .net domain names. ICANN asserted that Verisign had overstepped the terms of its contract with the U.S. Department of Commerce, which in essence grants Verisign the right to operate the DNS for .com and .net, and Verisign shut down the serviceI was just kidding about never hearing of Verisign before, though the little blurbs are new information to me. I think this obviously means everyone should be buying up Bitcoin right now, at $8.56, it is a steal. |
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http://www.reddit.com/r/Bitcoin/theymos is the current mod there, but it is okay, reddit is reddit and still my top favorite bitcoin information and discussion place and what I consider "The Official Bitcoin Forums" Second favorite is https://bitcoin.org.uk/, needs more users is all. SomethingAwful is the third best. I wish they would tag up and target their biggest Bitcoin thread as "bitcoin forums" to pull that #1 rank in google for all the people who click the "Forums" link from Bitcoin.org :/ These forums died the day it was taken off as the official forums, it is all soap opera and amusement, stick to the above links for seeing how Bitcoin is progressing, if at all. Otherwise I use these forums for SolidCoin information now 
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Wow. Go internet detectives. Amazing. Someone check this shit for accuracy, I'm too lazy. But, wow. Lemmie click an emoticon button real quick  |
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Bullshit trying to put this all on Bruce. What the fuck tech geeks, how did someone not have their android app out with a live feed off their phone cam. All are to blame.
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Would have been nice to have a TED talks kind of deal where the speeches were taped and you could view them somewhere.
You think someone with a damn cell phone and a wordpress blog would have this going for the community by now. The fact that no larger site is taking this simple task on amazes me. I know I seen a live feed yesterday, or I thought I did. |
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Congrats to all the devs, programmers, merchants, and of course just some 'general' users.. who have been wanting this for a while. Now don't forget to keep visiting all the dirty Bitcoin communities just because there is a cleaner one now, remember the roots of Bitcoin when there was one true 'community' representing all aspects of the crazy people who loved Bitcoin early on  I can't wait for the first big project to come from users of that site, I hope it's big |
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I'm so jealous. Seems like a kick ass time for people who are really into Bitcoin right now, fucking wish I could be there |
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A Bitcoin Cruise sounds like a more realistic way to get people from many countries together. Also seems like an amusing movie to be made involving real life pirates raiding the boat only to find that they have to have a computer to redeem their booty.
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Dig the forums. The design at first seemed "clunky" and "fat", but when in actual use it is speedy and that is what matters.
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I donated a Bitcoin the moment I heard of this on their main page.
You think every known file sharing site would be on top of such things by now. I know others that are on it, but What.CD is one of the few torrent sites I know of that has, at least what appears to be, an actual user base that enjoys to share as much as give. |
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Yeh.... you should deeeefinitely make frequent withdrawals juuuuust in case they decide to lock your account.
Off shore account, off shore account! I'm guessing this is already done. It's not just for the movies kids, if you live in America, you should have a non-American account. Make sure to review heavily which island and bank you pick  |
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 Add one of the greatest music torrent sites in existence to the list of sites taking Bitcoin donations, definitely did what oink was doing and better, also making waffles.fm look like childs play (even though I love waffles as well). Donate
We accept donations to cover the costs associated with running the site and tracker. These costs come from the rental and purchase of the hardware the site runs on (Servers, Components, etc.), in addition to operating expenses (Bandwidth, Power, etc.).
Because we do not have any advertisements or sponsorships and this service is provided free of charge, we are entirely reliant upon user donations. If you are financially able, please consider making a donation to help us pay the bills!
Donating via Bitcoin
Bitcoins are an anonymous, decentralised online currency.
You can buy bitcoins at many exchanges, and send them to us by clicking the button below.
Currently, to receive the donation benefits, you must send a staff PM to "Staff" with the subject "Bitcoin donation". Please allow 24 hours for your donation to be processed.
You can send donations to xxx. This address will remain valid indefinitely
What you will receive for a 5€ or 1 BTC minimum donation
Our eternal love, as represented by the you get next to your name.
2 invitations, to invite 2 good friends to use this tracker.
Immunity to inactivity pruning.
Access to an ever growing list of exclusive features, including the ability to submit requests and personal collages.
A warm fuzzy feeling.
What you will not receive
Immunity from the rules.
Additional upload credit.
Here is a sample screen of the love What.CD puts into their site for fans of music sharing  |
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When bitcoin is adopted universally, they will make a solar powered GPU for roofing your home. =p
This. This and this. Still surprised the super geeks haven't promoted this as a big part of Bitcoin. Technology ready to be advanced. |
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Hi, I recently read an interesting post on the bit coin forums about the electricity cost of keeping bitcoins secure. I did some of my own calculations base on figures from bitcoinwatch
kilowatts per gigiahash * cost per kilowatt * gigahash per hour = bitcoin running cost per hour
So at 650 watts per gigahash at 15 cents per kilowatt hour.
0.65 * $0.15 * 13,300 = $1,297 per hour
Divide that by the number of transactions per hour (309)
1,296.75 / 309 = $4.20 per transaction. I was unable to find figures, but i can't imagine it costs anywhere near that amount for visa or paypal to process a transaction. When all blocks are mined won't bitcoin transaction fees need to significantly increase to cover these costs?
Or to look at it another way bitcoin miners will spend over $11 million dollars this year on electricity, which is 17.6% of bitcoin's market cap. In contrast the federal reserve printing budget is ~$650 million or 0.0812% of USD value.
A first glance this doesn't seem very efficient to me. This money is going straight to the electricity companies and not back into the bitcoin economy. Where does the money come from to pay for this and how is it sustainable in the long run? From http://www.reddit.com/r/Bitcoin/comments/jgpcz/the_real_cost_of_bitcoin/ |
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I don't quite understand what you're saying here.
And you never will |
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Was fine for me earlier today and just a bit ago.
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Site is looking clean, good luck, lots of good options.
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Yeah, my bad, I tried to delete the post but it wouldn't let me.
hahhahaha, great error. Logged in and seen this thread, 'wtf!! madness!!' |
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People just messing around  , it's already back to 5,022 readers |
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