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1121  Bitcoin / Bitcoin Discussion / Re: The world's richest man tells bitcoin is cool! but people are still selling! on: October 04, 2014, 07:09:40 PM
Too bad bill gates is evil. He supports eugenics programs. Also,  his vaccination  foundation was in the village where ebola first broke out. Coincidence? I think not!

Correlation does NOT imply causation.

So, if you ask “Coincidence?”, I think yes!
1122  Bitcoin / Bitcoin Discussion / Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE on: October 03, 2014, 11:42:59 PM
The poll is biased. 75% want a smaller unit. That doesn't mean at all that “bits” is the preferred word for such unit.

That's me, I want a smaller unit but I don't like bits.

The market adopting a convention of two decimal places is much more important than what the unit is actually called. The poll is already split to allow those who prefer mBTC to select their preference, splitting the millionths option would have also biased the poll.

When I did the OP I was unsure of whether bits was the best idea. Since then I am coming to the conclusion that Satoshi starting Bitcoin with an eight decimal place unit was his biggest mistake.


The problem is that the poll automatically assumes that (bit = 0.000001) is a single thing, when there is the name and then there is the value. This should have been two polls, not one.
1123  Bitcoin / Bitcoin Discussion / Re: The Legend of Satoshi Nakamato, begins here.... 4.34 BTC BOUNTY!!! on: October 03, 2014, 03:04:16 PM
Hope you guys have not given up on this. Slow progress I assume now?

Lot's of interesting stuff, but moved to another forum. Content is accessible only from there, so posting the links here on Bitcointalk won't work. Info for the registration:
https://bitcointalk.org/index.php?topic=766000.msg8963364#msg8963364 , come help us.

Why did you move? Register on another forum just to see the progress of this doesn't seem practical...
1124  Bitcoin / Bitcoin Discussion / Re: Mechanical engine to create key-pairs/addresses on: October 03, 2014, 12:14:37 PM
It is not that long ago that all encryption was done with mechanical devices (people sometimes forget, the most well known cypher in the past 100 years, enigma, was a machine).

It was a machine, but not an entirely mechanical one. It had many circuits and lights.
1125  Bitcoin / Bitcoin Discussion / Re: Random Satoshi's + OCD = Bad! on: October 03, 2014, 12:12:37 PM
I don't think that's OCD, to be honest.
1126  Bitcoin / Bitcoin Discussion / Re: 1,000,000 bits = 1 bitcoin. Future-proofing Bitcoin for common usage? VOTE on: October 03, 2014, 12:03:18 PM
The poll is biased. 75% want a smaller unit. That doesn't mean at all that “bits” is the preferred word for such unit.
1127  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: October 03, 2014, 11:39:30 AM
Which one do you like most?

2 or 4, B or E.
I don't like G because it looks similar to MasterCard.
1128  Other / Off-topic / Re: Old Miners, pre block 5000. Anyone still around from the early days? on: October 02, 2014, 07:20:27 PM
I downloaded the blockchain on a 400mb 3g plan

I don't see how this is relevant to the OP, though.
It means he downloaded the blockchain when it was only 400MB max which was quite a long time ago (or spent several months downloading it Cheesy). In comparison, now the blockchain is 22,4 GB size (according to blockchain.info).

OK, I see now.

and i downloaded the blockchain on a 3G unlimited plan a few days ago XD

Does this mean we can now have full nodes on mobiles?
1129  Other / Off-topic / Re: Old Miners, pre block 5000. Anyone still around from the early days? on: October 02, 2014, 02:44:14 PM
I downloaded the blockchain on a 400mb 3g plan

I don't see how this is relevant to the OP, though.
1130  Bitcoin / Bitcoin Discussion / Re: The transaction fee is just ridiculous. on: October 02, 2014, 02:40:55 PM
Literally this thread:

"Nobody is FORCING you to get to the city by using your car, you can totally just take a bike and NOT pay for gas but it will take you a bit longer to get there."

Thats technically true, but its not practical in the slightest, which is pretty much the OP's argument.

So, do you want free gas? Somebody has to pay for it.
1131  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like the electric car on: October 01, 2014, 04:54:49 PM
No, you misunderstand me. Fiat money can only exist (be used) at one place at one time - even digital fiat.

With bitcoin, you can share one address key with multiple people anywhere in the world, and share that money simultaneously without worrying about bank delays, fees, changing currencies, or any of that obsolete nonsense.

lies

i gave my wife my debit card and she goes shopping 3 cities away..
3 cities away...

with bitcoin you can do the same 3 continents away.

Try that with your debit card and most banks will freeze your account without your consent, and their fraud department will call you up asking WTF is going on.

See the difference?

Great. This means you understand why Bitcoin is better than fiat, which kind of was the point of the analogy in the first place.
1132  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like the electric car on: October 01, 2014, 01:24:54 PM
No offense Elwar, but your analogy is shit.

If fiat is the car, than bitcoin is the teleporter. Bitcoin can be in two (or 42) places in the world at the same time. That's teleportation.

You seem to be understanding the metaphor quite literally. Besides, fiat money can also exist anywhere in the world (because, well, it's just a number in a database, it's not like you have physical bills or anything).
1133  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: October 01, 2014, 12:25:56 PM
As a quick experiment, can you imagine the US dollar bill in purple, yellow, pink, baby blue, red...? It doesn't work, does it?

If you think a pink or yellow or blue bill is a bad idea, then you don't know the Euro, the Canadian dollar, the Australian dollar, the Mexican peso, and many other currencies I can't think about, all of which use “rainbow money”, with different colors for different denominations.
1134  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: September 30, 2014, 04:13:32 PM
this is why liberty dollar got shut down, because of the use of the $ symbol.

I don't think that was the reason. Liberty dollar was meant to be a replacement of the US dollar (it even shares its name). Bitcoin, on the other hand, has no relationship with the Thai baht. Bitcoin might want to go against national currencies, but all of them in general, not the baht specifically.

exactly, so thats why i said dont use the thai baht, thai government wont like it!

You're not getting my point.
1135  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: September 30, 2014, 12:32:12 PM
this is why liberty dollar got shut down, because of the use of the $ symbol.

I don't think that was the reason. Liberty dollar was meant to be a replacement of the US dollar (it even shares its name). Bitcoin, on the other hand, has no relationship with the Thai baht. Bitcoin might want to go against national currencies, but all of them in general, not the baht specifically.
1136  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: September 30, 2014, 11:59:28 AM
Just a question.

What is the font you are using for these designs? Did you design it too?
1137  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin with a Paper and Pencil.... on: September 29, 2014, 09:19:55 PM
Mining Bitcoin with pencil and paper: 0.67 hashes per day ?  who would have thunk?

http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

The article states...

Quote
I perform the first round of hashing to mine a block. Completing this round took me 16 minutes, 45 seconds.

^^^This is wrong. Author did not mine a block in 16 minutes, 45 seconds. He just calculated a Hash.

Isn't mining a block calculating a hash? How many hashes are needed to mine a block? (I'm not talking about difficulty, but about how many hashes does the algorithm actually need).

No one knows. Algorithm does not specify this. Its pure luck... or scientifically u can say entropy. Your first hash may meet the criteria as well as the nth hash.

That is NOT my question.

My question is: How many hashes you need in the algorithm? Given the correct nonce and transactions, how many hashes are used in the algorithm to get to the value that will be compared against the current difficulty?

I'm not talking about entropy and such, but about the actual algorithm.
1138  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: September 29, 2014, 08:44:28 PM
So, without further ado, here are the graphical elements I am suggesting to be used to represent Bitcoin:

https://medium.com/btc-magazine/new-visual-identity-for-bitcoin-85fcdca7ac41

Thank you for your attention. I hope for good feedback.

I still like the original design better. I don't know, the italic ฿ seems a little dull to me.
1139  Bitcoin / Bitcoin Discussion / Re: New logo and visual identity for Bitcoin on: September 29, 2014, 08:40:42 PM
nope

the doube strikethrough is bitcoin, the single strikethrough is the thai baht... trust me you dont want to mess with the thai government..

This again. The same symbol for different currencies is not an issue. Just look at this:

$

What is it? Pesos? Dollars? It's actually both, and people can cope with it and nobody's angry about it.
1140  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin with a Paper and Pencil.... on: September 29, 2014, 08:17:38 PM
Mining Bitcoin with pencil and paper: 0.67 hashes per day ?  who would have thunk?

http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html

The article states...

Quote
I perform the first round of hashing to mine a block. Completing this round took me 16 minutes, 45 seconds.

^^^This is wrong. Author did not mine a block in 16 minutes, 45 seconds. He just calculated a Hash.

Isn't mining a block calculating a hash? How many hashes are needed to mine a block? (I'm not talking about difficulty, but about how many hashes does the algorithm actually need).
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