In many countries, converting fiat currency to BTC and vice-versa is a problem. What's the best answer? Just use Bitcoin. If you can convince someone to accept Bitcoin as payment for a good or service then you don't have to worry about converting BTC to fiat. However, until that happens there will be the problems of converting BTC to fiat currency.
I don't see it happen under the described circumstances. Bitcoin will not be trusted as a local currency unless (in the beginning at least), exchange to fiat is easy and reliable. To be honest: it doesn't seem to happen at all, even under easy and reliable exchangability. |
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A while back there was an article on TV about "darknet" and they declared there that bitcoin was INVENTED just to
have a currency for all shady deals. We don't need that.
So what? A lot of cool, now-used-by-everyones-grandma technologies where matured by the filthy porn industry, right? Does grandma care when browsing youtube? No. "If shady criminals can trust bitcoin, so can I". Criminals are careful people, at least the ones outside of jail. EDIT: I do not promote illegal activity. |
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The main issue that I see with going for the prohibition market is that this undermines the attempts of Bitcoin to establish itself in other markets. I'm not going as far as saying that you can't have both at the same time, but there is a certain interrelationship. A lot of people support the war on drugs and so do the legislators. If Bitcoin tries to position itself in the prohibition markets, these people will be less inclined to use it and even attempt legislative attacks. The legislative attacks might not succeed (particularly if the fiat currencies collapse, as Schlichter rightfully pointed out during the panel talk at the Prague conference), but it's something to consider.
firstly, let me answer to catfish: you should not be ashamed for predicting and/or suggesting bitcoin conquer some illegal markets. You're not promoting breaking the law, so why should you get banned here? Even high profile politicians do this: http://falkvinge.net/2011/06/16/bitcoins-four-drivers-part-one-unlawful-trade/lonelyminer: As you know, I have high respect for your opinions. I'm not sure about this one, though. I lean a little bit to the other side, thinking that bitcoin being used for unlawful trade will not by default have a negative impact on it's success (namely it's use in other, more legit markets). Let's assume for a second that bitcoin is used widely in unlawfull black markets (drugs, botnets, services, human traficking, human organs, whatever sick shit you can think of). I'm assuming it already is being used in some of these, just not widely. Now the prohibition of use in other markets would have to take the way of either a) shaping public opinion negatively (smear campaign) or b) legal action. b) will fail to take down the currency itself, of course, because bitcoin is specifically designed to withstand such attacks. I think it will also fail to make a big enough dent into legitimacy of "legal bitcoin use". I just cannot imagine "bitcoin being made completely illegal everywhere". This might be some sort of a gray area and this attack then becomes more like a), an attack on trust. as for a), let me argue that we have seen this on a smaller scale already (remembers the congress member xzy talking about silkroad/bitcoin/(tor)). This was during the summer bubble time. Now one could argue that the slow steady decline of bitcoins price (an indicator for its success) is at least partly due to that negative press. I think, however, that the mybitcoin fiasko and gox hack (however unfair towards bitcoin itself) had a much greater share in the doomsday reporting by media. Did silkroad have negative impact on actual "bitcoin use in other markets"? I think you'd have a hard time arguing this. So in summary I fail to fully see that use in unlawful markets would prevent bitcoins adoption in other markets. I'm not dismissing the reasoning, just leaning to the other side thinking: "noone cares USD cash is used for drug trade, why would anybody care in the bitcoin case, as long as it has relatively stable value". I for one would put much trust into bitcoins value if the mafia or any such "organization" used it for inter-familiy bookkeeping and/or store of wealth and/or trade and/or settlement of debt. After all: Geld stinkt nicht. ("money doesn't smell") EDIT: I do not promote illegal activity. |
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socket.io is just a tool to negotiate a transport layer and keepalive. one of the possible transports is websocket. this means you usually use socket.io PLUS websocket (at least that's how I do it). I'm guessing a connected websocket with no data flowing means some problem in magicaltux' backend. any insights appreciated. |
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"direct connection" to old websocket url is deprecated. you should now use socket.io to get an ID which will be part of a websocket url you can use. So you see the new "indirect connection" working reliably? no, not reliable since roughly a week, lots of outages on the websocket part, pretty stable many weeks before that. havent seen the socket.io part fail yet. |
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I still see no clear evidence pointing to anything actually happening.
Let's hope things will get handled in a prudent fashion. |
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..I try to get a simple python client running for days now. When I finally managed to connect via websockets, the first thing I read was "deprecated, use socket.io instead". Even though it's "deprecated" it's still much more reliable than the socket.io interface. So please don't turn it off! The only problem is that it doesn't work with the latest Chrome and other late WebSocket libs... and nobody wants to fix it.  That's probably why they labeled it "deprecated". "direct connection" to old websocket url is deprecated. you should now use socket.io to get an ID which will be part of a websocket url you can use. check out sample implementation: https://bitcointalk.org/index.php?topic=5855.msg629600#msg629600 |
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..I try to get a simple python client running for days now. When I finally managed to connect via websockets, the first thing I read was "deprecated, use socket.io instead".
Instead of using socket.io (which I cant get to work) I could as well just connect to the underlying websocket just as before, not? I will not have fallback to longpoll etc in case the websocket dies and the socket.io still works. But besides that, my ticker should happily work with just websockets for the future, not?
Is there a new websocket daemon running now, for socket.io, with a different adress?
TL;DR:
Will ws://websocket.mtgox.com/mtgox continue to work?
Ente
the way it works: you connect to socket.io server and it will give you a unique ID which will be part of the url you can subsequently use to connect to websocket. socket.io is just a "negotiation protocol". look at my python code here: https://bitcointalk.org/index.php?topic=5855.msg629600#msg629600 |
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recently, when GLBSE is up, it seems to be very slow for me. hmmm. the positive side of the fact GLBSE is down so much: I don't panic when it is  |
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Fair point. If the mullahs did attack the US mainland or kill significant numbers of American civilians, all bets would be off.
lol what? Thats never gonna happen. Iran has zero interest in doing that, and they likely dont even have the ability. Nothing about Irans posturing or actions is aggressive, its all defensive and in response to endless threats, sanctions and actual hostilities and western sponsored terrorism. Like I said before, I dont want idealize their regime, nor do I envy people living under the Iranian regime (though its much better than, say Saudi Arabia), but I actually greatly admire Irans international policies. No regime in the world has a bigger incentive to develop nuclear weapons, yet if put aside the rethoric and look at the facts, all indications are they are not working on one, they keep adhering to the non proliferation treaty (unlike the US and Israel) and they keep willing to talk and negotiate with the UN, the IAEA even the US, despite all that the US is doing to them. They have shown extreme restraint considering everything thats being done to them. We constantly lie about what they say and do trying to scapegoat them. We deny them their "inalienable" right to nuclear energy despite having a signed a treaty with them that specifically grants them that right. We routinely conduct terrorist attacks inside Iran, we constantly threaten them with war, yet another regime change and we even refuse to rule out a nuclear attack. We sanction them in just about any possible way. And how does Iran react? With dignity and honor IMO. Anyway, Iran is not about to invade the US or any other country for that matter, Iran does not want war; the only ones that want war are certain fractions within the US and Israel, so what is much more likely is a Gulf of Tonkin Incident. Whether or not staged, faked, provoked, accidental or real, Iran certainly does have the capability to do some serious damage to US military assets in their backyard. And that might be exactly what some people are hoping for, but not in Teheran. well said, +1 |
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http://www.youtube.com/watch?v=nPmrWwNeuKEI see Johnny with his head hanging down
Wondering how many schillings left in that pound
Cost of living it is rising so high
Dollar see that have heart attack and die
Bills and budgets are waiting
Finance ministers anticipating
Unemployment is rising
And I hear my people, they're crying
The day the dollar die
Things are gonna be better
The day the dollar die
No more corruption
The day the dollar die
People will respect eachother
The day the dollar die
Tell me brother
Is there something I can do
Don't you let frustrations make you blue
Time is hard
And I know that is true
But if you pick yourself up
That's all you've got to do
Things can be much better
If we can come together
Long time we been divided
And it's time we be inited
The day the dollar die
Gonna be better
The day the dollar die
I won't need no pockets
The day the dollar die
Don't have to be frettin'
The day the dollar die
Now I see you standing on your feet
And you can also make two ends meet
Never you let life problems get you down
There is always a solution to be found
Bills and budgets are mourning
Finance ministers groaning
Unemployment is rising
And I hear my people crying from the ghetto
The day the dollar die
It's gonna be nice
The day the dollar die
Just you wait and see
The day this here dollar die
There be no more inflation
The day the dollar die
I say the day Danny dollar die
The day Sammy dollar die
We will love eachother
I said the day this a dollar die
Fight some inflation
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The system is back in action running along smoothly! Anyone know the best way to set up a cron job to trim the database nightly? Also, I'll upgrade to a larger USB drive soon.
again!
Make a sh-script that does this, then check the crontab (/etc/crontab?). Most system have directories (cron.daily, for example). Just put/link your script into that directory. You can also make an enty in crontab for the script, if you prefer. There's also a "crontab" utility to do this, but I never used that. |
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They're fake and fake.
thanks for the info, zhoutong. |
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Can you change the margin of an open position?
Yes. Has anyone determined if these pics are faked? Guess I should start a short position on my other acct to hedge... How's that supposed to be possible? Only people with bitcoinica insider knowledge could determine wether or not these are fake. |
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Think about it. Are you really thinking that any Presidential hopeful, let alone a frail plant like Obama, would go to the US public on a track record of 18,000 extra combat deaths and an extra $4 trillion borrowing to finance it? No way - it won't happen.
Unless "something big" was to happen, something like the sinking of the lusitania, Pearl Harbour, the gulf of Tonkin incident, or 9/11. |
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Turkiye'ye hos geldin.
You guys really are desperate to believe there will be a war with Iran.
There is a fair chance Barack Obama will win in November. But that chance falls to zero if he goes to war with Iran. Iraq cost 4500 lives and over a trillion. Iran is over 4 times the size, it has been preparing for invasion since 2003 and the place is huge. The notion that a country that can't defeat a ragtag militia in Afghanistan will suddenly find the stomach for occupying a huge well armed country is laughable
Think about it. Are you really thinking that any Presidential hopeful, let alone a frail plant like Obama, would go to the US public on a track record of 18,000 extra combat deaths and an extra $4 trillion borrowing to finance it? No way - it won't happen.
If there is a military intervention, it will be well after the US elections. Anyone telling you otherwise is nuts.
An invasion and occupation of Iran isnt going to happen. Attempting it would make Vietnam look like a cakewalk. That doesnt mean there will not be a war. Similar to the Libyan war, or at least that might be the plan (ie, airstrikes). In many respects that war is already on; the west is already blowing up stuff in Iran, violating Irans airspace, assassinating scientists and political leaders, funding terrorist within Iran and the latest round of US sanction, if fully implemented, are nothing short of an act of war. The only question is if Iran will react. While its hard to defend the Iranian regime in the broad sense, I will credit them for restraining themselves and being completely reasonable so far in their international relations. Someone who gets it! The US and Iran have been fighting an undeclared war since 1979 and most likely will carry on doing so for a long long time. True. Iran would love to to sell oil for other currencies than USD. The Empire doesn't like that. It's something that can absolutely not be allowed. Iraq tried it, see what happened: first Saddam Hussein (former CIA agent) was installed and when he acted up, he was "removed from office" (they couldn't kill him, so the military had to move in). The US-Dollar isn't backed by gold any more, it's backed by oil and the US military. A fall of the USD would seal the fall of the US Empire, it cannot be allowed. Additionally: a war is always good for the military industrial complex. While it doesn't generate wealth, it surely grows the economy. After all: that's how the USA got out of the great depression. I can't imaginge either Iran nor the US to back down on this one and it involves many other countries' interests, too. WW3?  |
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Might be a good idea to just use a lower rated fan instead of trying to use a resistor, it won't work all that well because the fan is not a fixed load, it requires more initial power at turn on to start it spinning.
I know it's not the most desirable solution, but it works well enough. The fan is glued to the heatsink pretty tighlty, too. |
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