Challenge Overview
InnoCentive and The Economist are teaming up to identify business ideas that will deliver real-world impact and economic growth to people around the world by exploiting some disruptive new technology or disruptive applications of an existing technology. Frugal innovations are especially encouraged. Submit your innovative business idea!
Finalists will be given a unique opportunity to present their business plan to business leaders and venture capitalists at the Ideas Economy: Innovation event in Berkeley, California, USA on March 28, 2013, where they will compete live on-stage in the Tiger’s Den session. One representative for each plan chosen as a finalist will receive travel expenses and admission to the event. In addition, the overall winner of the live Tiger’s Den session will receive an honorarium of $2000, video promotion of the event on Economist.com, and publicity for the winning solution in appropriate Economist Events communiques, plus an official meeting (phone or in person) with members of the Ideas Economy programming team to discuss ideas for venture capital.
Solvers from any background are invited to contribute! For this Challenge, The Economist is not interested in owning or obtaining license to use any materials submitted, except for promotional purposes. All other intellectual property will remain with the Solver, teams, or their affiliated organizations. Solvers who submit a proposal will be notified of the status of their submissions after the Challenge deadline; however, no detailed evaluation of individual submissions will be provided.
https://www.innocentive.com/ar/challenge/9932804There are some good ideas floated around here; this is your chance to team up, brainstorm, and help Bitcoin grow, all while competing for a bounty. |
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Having a discussion with a friend and we are now trying to find places you could live really comfortably on $30 a day.
Anyone out there done a lot of travel? Lemme know where someone can make the most of their money.
Wait, what?! You are skipping town with BAKEWELL funds??? And I thought I was joking...
Two months has passed now from the time the GLBSE went down.I have yet to be given a shareholders list.
I doubt one is coming.I have lurked everything and read until my eyes bleed, I have tried to compile a claims list and waited for Nefario...
Unfortunately it appears no way to properly handle a relisting of the GLBSE asset exists. I have gone back and forth over this for some time now, this sucks but none the less; I must inform you that at this time you should probably consider the GLBSE listed asset BAKEWELL a loss.
You all have my apologies.
https://bitcointalk.org/index.php?topic=104489.msg1379168#msg1379168 |
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In case anyone missed it: ASICs are late, the block reward has halved, and so did the dividend for December... Perfect time for buying cheap units from panic sellers.
All this makes me wonder: what is a reasonable annual yield on an investment of this kind? They have a proven track record, business references, contact information, monthly reports, etc. Are bitcoin would-be investors spoiled? Or is 9% or 13% APY really bad for a low-risk, but still risky investment?
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Please try and go to bitcoin-otc as someone wanting to sell bitcoins for dwolla who has never used IRC before. What is "auth to services" option when logging in? Once logged in, do I just type messages that everyone can see? What is "nickserv"? Why some users in the list on the right side have "@", and some "+" in front of their nicks? How do I address one particular user? /what?! Hidden host what?! Ping... I got kicked out? Seriously, your comment above is out of place. |
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I have been trying lately not to waste any more time on BFL, and have decided long ago not to waste money on them. Still, this needs to be pointed out: Inaba gets paid for this. It gets harder every day to take BFL seriously, or to consider them competent in any way - from engineering to management to marketing to integrity. Even if they do eventually deliver some kind of ASIC miner, it is already a total failure at all levels.
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I hope they never win a buck. Lawsuits of this kind are causing irreperable damage to any society. What is needed is criminal prosecution of individuals, not a lawsuit. Suing murderers to ask for money legitimizes crime: it's okay, but you may have to have the agency or private corporation you worked for pay some money later. Those who accept these kinds of payment are complacent in crimes.
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So, my question is, what is the opposite of "Fuck you, got mine?"
"Here, have some." "Let me help you with that." "Just keep it." It is hard to have a meaningful discussion on this topic in a forum, due to severe cultural differences. Individualism is not universal. |
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Shouldn't have done this. A newbie might come across this image, and get the idea that you can literally mine coins with those rigs. |
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Alright, obviously many people feel strongly about this issue. Few pages pages back I explained why I do. After reading some of the responses, most prominently thoughtfan's, I have to admit that my reaction has got not much to do with Bitcoin development. I still feel that Jeff lost most of my respect because he sounded as if he was supportive of trade sanctions, that is all. I don't think this puts Bitcoin development in any imminent danger, though. To those who patiently engaged in honest discussion: thank you. Over and out. |
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It looks like we solved our first block last night! (30.11 17:31 000000000000002fd8edc2c445189351c1f2c6133d587a1ccd688718f911c45e BAKEWELL) This is one of the mini milestones in my head, solving a block / earning 50BTC  Hate to spoil the fun, but that's block 210354 and was only worth 25BTC. Still a solved block though! And still earned almost 50btc, per post you quoted. |
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What I do know, however, is that you have to have quite a mess in your head to support US economic sanctions against Iran or any other country. With such a mess in your head bitcoin is just not for you. Certainly you should not put your name behind bitcoin because other people get scared from your political immaturity. Yes. The tone of Jeff's words showed full, unquestionable support for criminal and immoral acts of his government. There was no "unfortunately, we cannot discuss this here" - clearly, he supports what his government is doing as the right thing. Jeff, please correct me if I am wrong here. |
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Also, does anyone know the equation I would use to work out how much BTC should have been earned if mining 24/7 with 2400Mhash/s from Oct.3 until now (@ 50btc so with a 3% fee)? This is not trivial. I don't see much historical data provided by 50btc except the list of blocks solved. There is no total hashrate available, so we can't tell what fraction of those blocks' rewards belongs to us. Alternatively, we could rely on historical Bitcoin total hashrate, which is easily accessible, but this may be problematic because of variability ("pool luck"). My understanding is that, due to 50btc being the largest, error would be low, but someone more versed in statistics should confirm or refute this. If confirmed as ok, I'll pull out nethash data and make a spreadsheet with expected daily earnings. |
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With all due respect, it is logical and normal to expect people to inform themselves and to stand up against atrocities commited by their government in their name.
Why don't you lead by example and tell us about all the ways in which you are standing up against atrocities committed by your government (because no matter where you live, your government is either committing atrocities or supporting nations which do). Or are you just another armchair anarchist who would have watched safely from the sidelines while encouraging others to stand before the tanks in Tiananmen Square? No, I am not an armchair anarchist. I don't even consider myself an anarchist. I did spend (literally spend) years of my life actively opposing immoral and illegal actions of the government of my own country during the Yugoslav civil war. I refused to serve in armed forces. My father did refuse too, and lost his job over it. In the midst of severe trade sanctions, with no legal ways to import or buy medications, fuel, spare parts, and occasionally food. No way of competing in the Olympics. No way of getting to read latest science journals at the university. How do you think city buses and hospitals operate under trade sanctions? I never whined about it all, as I knew very well that actions of my own government were causing much greater suffering of people in the neighboring region. I spent days and nights in direct action groups, in clouds of tear gas, with rubber and occasionally real bullets flying around, being chased, beaten, and harassed by the riot police and undercover agents. We arrested our own president, and he died in prison some years later, for crimes much smaller than what each and every of Jeff Garzik's presidents typically commits in only a year. There are some rather reasonable arguments in this thread as to why we should not openly promote Bitcoin as sanction-busting tool. I don't even think it would be a good tool for that purpose. But Jeff's words in IRC to me demonstrated a worrisome level of comfort with his own sociopathic government, and total disregard and disrespect of their innocent victims, who suffer much more than he would ever suffer even if the "evil government" nailed him. I hereby apologize if I misinterpreted his words as selfish and ignorant. Thank you for reading this. |
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Just looked at the new bitcoinx website, it shows:
Bitcoins sent 24hr: 784,899.31 BTC
MTGOX 30 DAY volume: 22,288.79 BTC
784,899x30/22,289=1056
So the exchange of BTC towards USD take only 0.1% of all the BTC transactions, it means if most of those BTC are going for sell, the price will fall like a knife
Does your transaction volume account for self-sent change in each transaction? |
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It seems oddly familiar....big change predicted to be coming...everyone holds their breath and then.......
Something less than the usual.
I keep looking back to last year where everyone expected a HUGE price break after The Goodwife did an entire episode about bitcoin and finding Satoshi. We built for 2-3 months expecting something amazing...and then...nothing. What followed was a 30-40%ish price fall (Had to check numbers since I'm tipsy and prone to fudging)
Why do people even think they can predict the price trend? The only way to be somewhat above the randomness is to rely on methods deemed illegal (insider trading and market manipulation). |
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Just like a great many of people I would like to introduce to bitcoin, I am a law-abiding US citizen, using my real name, in public, volunteering my time to work on multiple bitcoin implementations. Businesses like WordPress are law-abiding businesses. It is logical and normal to expect people to follow the laws of their country.
With all due respect, it is logical and normal to expect people to inform themselves and to stand up against atrocities commited by their government in their name. Trade sanctions harm and kill the innocent, directly, every hour of every day. The purpose of trade sanctions is not to "punish the government," but to criminalize and weaken the industry, economy, and the society in general, making it an easy target for military harassment. |
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Let's face it, USA is no longer the beacon for the world of freedom and justice for all comers that it once was ... ... now it is a global empire that rules by fear. USA citizens, like Jeff, have to live in fear of their militaristic govt. and so such actions that appear irrational to outsider but may have an internal logic perverted by contextual influences we are not privy to ... I seem to think his day job might be with a military sub-contractor, so it is even more understandable in that context. For example, if Jeff, was from communist China we would expect similar but even more extreme behaviour most likely ... removing the context of his circumstances is like expecting someone in a prison to behave like a free man roaming naked in the wilds.  I did not sense any fear in his words, on the contrary. I sensed complacency and even agreement with criminal acts of the US government. |
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Did you know you can specify the size of the picture? Quote this post to see the code.
I did know that, but I didn't even know the size of my picture. Imgur doesn't load at school, and I can't get a good feel for size when I'm uploading it off my phone. Thanks though. Updating OP Nice of you to update OP despite the missing tip of the finger. Kudos. |
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