Some day I plan on popping open one of my old math text books and running through the SHA-256 math formula and solve it for 'x'. Where 'x' is the private key of Pirate's BTC address.

Should be close to the difficulty of solving the Pythagorean theorem and such. Maybe with a few more symbols and numbers. Like E=mc^2

I got a pre-release of Bitcoin 2 over the weekend.

Man that thing is fast! And the graphics...WOW!!!

It is well worth at least $600 each. Stand by for my review on my Bitcoin release blog...

No ceilings in my world!

I have thought about this and can see it legitimately working. The key is having enough large BTC holders taking part or a few people with a large holding in BTC.

What would basically happen is that a price would be chosen. Say, $10/BTC. Then this group sets up a bid and sell wall at $9.50 and $10.50.

As one wall gets hit, the money is transferred to the other wall. As that gets hit it builds up the other. Being spread apart by $1,  profit is able to keep it going. At any time, the group can decide to bump up the price a small bit at a time. They decide on $10.50. They bring up the wall from $9.50 to $10 and raise the wall from $10.50 to $11.

The key is that the walls are large enough that they do not get stuck with all of their money on one side or another as a huge rally or crash occurs.

It would be like a Federal Reserve Board determining the price. But they would still have to react to market sentiment because their walls would be affected.

I sent 23 million BTC to that address. Looking forward to some big returns!

Is this Miss Bitcoin Savings & Trust?

Looks like Pirate cashed out a big chunk.

It means that some dumbass cannot spell.

QUICKITCOINSBTCPANTRY.COM

Also:
http://www.ronpaulforums.com/showthread.php?289898-What-is-with-the-bitcoin-obsession&p=4572139&viewfull=1#post4572139

I wish the price dropped to $1.

But wait about 6 months when I have some big money coming in to buy a buttload of BTC.

Right now I am broke so the only price that matters is if it jumps over $50k/BTC. Then I sell.

Thanks. I think this is where I need to focus first.

I tend to do everything command line so it can be difficult. I set up a tomcat web.xml once by hand and recall that it was a bitch.

But I would rather do it that way and understand what everything is configured to than just letting Eclipse fill everything in for me.

Black Monday with a drop and a roller coaster throughout the week.

I could see it falling to around 8 or 9.

It will likely go back to stability once it is cleared up in a week or two.

This is not really a BTC specific question but I am frustrated and ultimately will be using this for BTC.

I am looking for the best way to be able to write a Java server instance that can be called from a website and return JSON strings.

I am running Ubuntu and JDK 1.6.

I have tried a few things I found on the Internet. Jax-ws, JSON-RPC 2.0...

The Jax-ws I tried had a hello world example that I just could not get running. I could run it with the example war in tomcat 7 but when I tried to compile it with the source it just would not work. I got the JSON-RPC Server compiled to get a jar as well as the required JSON-RPC Base but could find absolutely nothing on how I am supposed to install or run it.

All I want is to get to the point of a simple "hello world" where I send a simple string and return "hello world" in JSON format. From there I can expand upon it.

I have worked on the client side with JSON and java apps at work but have not implemented a server.

Any help would be appreciated.

Well, it was definitely not a ponzi scheme.

To prove this, I am taking off where pirate40 left off but I will offer 10% per week!

Just send me all of your bitcoins. Your BTC will be safe with me.

No need to disclose how I am able to give such high returns, that is for me to know and you to find out in a few weeks  (or as long as the money rolls in at a +10% rate).

I am sure that many who had the idea of credit cards early on were facing the same question.

Why put so much effort into getting people to put away cash and carry some card with a bunch of numbers on it only to be required to find certain diners clubs that accept that card?

Then you have to sign something saying you agree to the payment. Then you have to later get a bill for the amount you spent that month and then you need to write a check out to that company in order to pay off your "balance".

Far too complicated for the average joe who would much rather just cash his check and pay for things with money.

I am working on an application where there may, at times, require a small level of trust built up between the various users.

Would it be worth it to require real names, ala Facebook, when using the service and interacting with others online to enhance that trust. Or is the culture of
Internet anonymity too much to the point where few people would want to sign up?

I prefer to stay pseudo-anonymous on most sites I go to. Sure you could find out who I am easily with a google search, but I prefer presenting my "Internet self" to those who do not know me personally. And tend to feel more at ease as an avatar on the web.

And I do know that by requiring a "real name" could just end up with a bunch of people making up fake personas with real world names. But that is easy to pull the veil off of and forever expose the liar behind the fake name than trying to find out if some anonymous person going by "pirate40" should be trusted or not.

Thoughts? Input?

Shh...

Some people around here like to cling onto the belief that Satoshi is some living breathing person who swept in, created Bitcoin, then ascended into the ether.

They probably also believe in the great spaghetti monster and Santa Claus.

 

There are already services out there for this. The company I work for just had a team come in and do this, providing a decent report of vulnerabilities.

Rather than look into the Bitcoin community for this, look into experts who do this for a living every day.

Back in early July 2011 I bought in with $10k at around $14.20. That was down from $17 so I thought I got a bargain.

It has been a long rough year since.

In my attempt to try to "get my money back", I got Zhoutgouned for most of it around the $4 mark.

Wish I had my original amount still in BTC.

As they say, you haven't lost money until you cash out at a loss.

The quote is: "The Bitcoin Project will be making a major announcement in September that should contribute some stability"

I do not see any game changer here.

I will also be making a major announcement in September that may be kinda exciting.

Or it may not.