Member with banked activity become Full Member in 1 hour but others will have to wait for the new period.
Ah, OK. This was actually the situation that I had in mind. i.e. someone who has potential activity or more precisely, someone who has an activity level that is near the transition point between ranks. So the statement that rank updates roughly every two weeks is only correct for those who don't have any potential activity and have maxed out their activity then. For those people who post less often, their rank can change at any time as long as they reach the activity requirement. |
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Yes, I posted about this here: https://bitcointalk.org/index.php?topic=1053184I locked the thread because I thought it was probably just a problem on my side rather than the forum itself. Nobody else other than one other person (Operatr) had experienced the same problem. I was not using Tor or a VPN. I was using a fresh install of Portable Firefox. Hope this helps.  So then what would it most probably be if it's not a result of an exit node? I also got this but on my tablet. It can't be, since I wasn't using Tor. Nevertheless, it seems to have been a transient problem (although a rather odd one I admit). Perhaps whoever supplies the SSL certificate for Bitcointalk had some issues which have now been resolved. I personally wouldn't be too worried about it. |
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Thanks for the explanation about the 30 minutes/1 hour thing. All those quotes are just confusing me right now.  Completely forgot about the fact that quotes are clickable too. So what would happen if someone with a member rank has an activity of 119 and makes 2 more posts in 1 hour to reach an activity of 121? Since activity is updated every 1 hour, they would have an activity rank of 121 after 1 hour. Would they instantly become a full member or would they have to wait until Tuesday when the next activity period begins? I'm guessing it's the latter? Earlier, activity updated every 30 minutes but it was changed to 60 minutes(1 hour). If you check posts, you can see Cyrus' post is old. Also, why didn't you check theymos' post rather than checking others' posts?
Clarification: I think what you meant to say was that activity updates every 1 hour but a new activity period begins roughly every 2 weeks. So in the above case, they would need to wait until the next activity period before their rank changes, correct? |
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So you can't possibly know if he sold them all to a trusted few. Unless of course you are him the great satoshi. Just playing with us.
Satoshi's addresses have remained untouched, so the only way for such a trade to happen would be if he sold the actual private keys for the addresses and the buyer didn't move them immediately afterwards. I wouldn't be so sure. The US government's powers often exceed the borders of the US. Yes. That is true. The US government's powers extend to its vassal states, such as the UK and Germany. You don't think it would be possible for the US government to force another country into revealing that sort of information? Remember Kim Dotcom? He was a German guy with German citizenship living in New Zealand. The FBI was even able to seize his hard drives too. And that's assuming that Satoshi isn't a US citizen living aboard. If he is, then both the IRS and the FBI would be after him.
With Germany and New Zealand, may be. What if Satoshi is actually living in Russia or Belarus? Or even in Venezuela or Bolivia? What the FBI is going to do if he is a resident of Russia? Add the netherlands to that list I know for a fact that the USA has a huge impact on some EU states, especially because of the huge financial power they have over them (think of import/export) The top developer seems to know who he/she/it (Satoshi) is and claimed to have talked to it about btc 2.0. Wasn't that an April Fools joke? I think he is dead, so he will never cash out a satoshi again.
Anyway, changing 1 Mio BTC to fiat will end his anonymity.
Interesting, but i don't think he is dead, he said "he is not Dorian Nakamoto" in a hacker forum after Dorian Nakamoto was reported by that journalist last year. said on a hacker forum. It's likely that the account was already hacked at that stage since he didn't sign his post with his PGP key and it was proven to be hacked just months later. And it was posted on the P2P Foundation website. The message seems to be missing now: http://p2pfoundation.ning.com/profile/SatoshiNakamotoBut are you sure we know ALL of Satoshi's addresses?
If Satoshi was still mining in 2011 like any other 500+ people mining at that time, how would we know?
A total of 2,650,000 coins were mined in 2011. So Satoshi might be having around 5,300 coins from 2011 (considering the median scenario). It will represent just a small fraction of the coins which he mined during 2009, and so we can ignore them. But proof seems to indicate that he gave up mining in 2009 itself. I always suspected him to have some coins we can't trace back to him. Of course we know about the first blocks that have been mined by him, but what about the blocks that have been mined in the following years? He could very well have mine them in the pool. Difficulty remained constant throughout 2009. Satoshi had multiple computers mining BTC from the beginning and most of the BTC mined at the time were sent to addresses containing 50 BTC which have remained untouched since then so it's very likely that these addresses belong to Satoshi. Well, you see scammers disappearing with coins everyday. If he really wanted to, he would just have to wait until brick-and-mortar stores or online stores accept BTC as a form of payment and he could spend those BTC directly there, no need for selling them first.
Exactly this. When you stop selling BTC for fiat and instead use it to buy products from brick and mortar stores, you are no longer devaluing bitcoin, instead, you are helping it grow, distributing it more, nad make it more viable as an everyday currency. This is what he would have wanted. Except merchants tend to use payment processors like BitPay who do the selling for them. The selling still happens, only it's just done out of sight. But are you sure we know ALL of Satoshi's addresses?
If Satoshi was still mining in 2011 like any other 500+ people mining at that time, how would we know?
A total of 2,650,000 coins were mined in 2011. So Satoshi might be having around 5,300 coins from 2011 (considering the median scenario). It will represent just a small fraction of the coins which he mined during 2009, and so we can ignore them. But proof seems to indicate that he gave up mining in 2009 itself. I always suspected him to have some coins we can't trace back to him. Of course we know about the first blocks that have been mined by him, but what about the blocks that have been mined in the following years? He could very well have mine them in the pool. there were no pool at launch , he mined in solo for sure, with diff at 1 was easy to generate block without effort, even on a not powerful cpu, but my question is why he mined 1M coin or more, if it was for testing he could have stopepd at 1000 or less, there was no need to mine that much... If you want to keep the network going, then you have to mine. Satoshi actually could have mined 2 million bitcoins (since 144 blocks are generated per day and 50 BTC per block equals 50*144*365 = 2,000,000+ BTC) but because of the low hashpower throughout 2009, he was only able to mine 1 million BTC. If he really wanted to, he would just have to wait until brick-and-mortar stores or online stores accept BTC as a form of payment and he could spend those BTC directly there, no need for selling them first.
There are already many stores online and in the real world where he could spend his coins. Regardless of that though people would go crazy as soon as the coins moved anywhere and would spend a lot of time trying to trace them. They then likely would be able to be traced to the stores he used them at. Wouldnt that require knowledge of the store's wallets? As far as I know, many of the brick and mortar businesses simply use one of those bitcoin readers that automatically transfers the bitcoin based on a customers wallet. Huh, what do you mean by "Bitcoin readers that automatically transfer the Bitcoins based on a customers wallet"!? I think many stores simply have a single address, maybe have the QR code for that address printed out so they can show it to the customer, who can then send the coins with his/her mobile phone. Online shops of course have to use changing receiving addresses, otherwise they couldn't successfully discern between different customers' payments! Perhaps he was referring to POS terminals like Coinkite: http://www.coinkite.com/If he really wanted to, he would just have to wait until brick-and-mortar stores or online stores accept BTC as a form of payment and he could spend those BTC directly there, no need for selling them first.
There are already many stores online and in the real world where he could spend his coins. Regardless of that though people would go crazy as soon as the coins moved anywhere and would spend a lot of time trying to trace them. They then likely would be able to be traced to the stores he used them at. If the coins is moved then expect bitcointalk is gonna be a mess since people will thought that satoshi is coming back here and the price might have a short rally . If he used it to buy at a stores or cash them out , the anonimity of satoshi will be reveal since it can be very easy to track on I disagree. If news gets out that Satoshi is moving his coins then I predict the price would drop. Why? Because it means that Satoshi could be preparing to sell his coins. |
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Just a small question,
how often does the activity refresh? Ive heard that it refreshes every 14 minutes, correct me if I am wrong
The activity updates every (1) hour, not 14 minutes. Where did you read that thing? Not him but... This post claims that activity is updated every 30 minutes: The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)
Activity is updated every hour.
While this post claims that activity is updated every hour: The activity number is determined in this way:
time = number of two-week periods in which you've posted since your registration
activity = min(time * 14, posts)
Activity is updated every 30 minutes.
Which one is it? And there is no mention in the OP of how often rank is updated. I presume this is every Tuesday? See post below: The rank will be updated on this Tuesday and most probably TheGambler's status as well will change. It doesn't seem to be a bug though as ranks don't change overnight but after every 2 weeks.
Or does it happen whenever the activity reaches the requirement (so basically every 30 minutes/1 hour)? I hope this is the correct place to ask this question. I was told that a user who was a hero member , went back deleted hundreds of posts and still was able to be a hero member...... I know that name of this user but I don't want to be disrespectful to them and post it in public. Just wondering if this is how the board is designed to operate or if it is a 'glitch' or hole in the system  See https://bitcointalk.org/index.php?topic=1050395.0;allJust recently, theymos confirmed that it's a glitch although it's not a particularly important one: IIRC only Newbie, Hero, and Legendary members don't get demoted normally. Maybe I'll fix it at some point, but it's not really a big deal.
Link: http://bitcointalk.org/index.php?topic=1050395.msg11360855#msg11360855 |
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If Satoshi would have wanted to use his bitcoins he would have done so when the cost of bitcoin reached $1200... nevertheless it would have risked his anonymity, also t is based under the assumption that he has 1.5 million bitcoins... what's he gonna do with them if not spend them or utilize them.. keep them as a souvenir... I hardly think so...
I thought 1 million was the most commonly accepted figure for Satoshi's stash. And how would he have known that $1,200 was the ultimate top? It's pretty obvious from reading his earliest posts that Satoshi thought Bitcoin could achieve prices much higher than $1,200: I would be surprised if 10 years from now we're not using electronic currency in some way, now that we know a way to do it that won't inevitably get dumbed down when the trusted third party gets cold feet... Right. Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume. Assuming that he's still alive, we know that he definitely witnessed the $33 high in June 2011 and the $265 high in April 2013. He could have cashed out during these peaks but didn't. He probably saw the $1,200 high in November 2013 in much the same way. |
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CPU-based altcoins might still work though.
Bitcoin certainly wont work anymore with CPU-based mining. In the mining board someone wrote: You would have exactly a 0.000000000082930% chance of hitting a block over a 1 year period running at 99.999% efficiency 24/7 There is a list of CPU mining coins here http://cpucoinlist.com/That list isn't bad but it hasn't been updated since mid-2014 so some of the information isn't quite up-to-date: Wild Keccak has a GPU miner; the advantage is known. There are rumors of a particularly performing GPU miner.
X11 is well known to have private elite kernels which can be easily 2-4x more efficient than public.
Groestl2... there was some turmoil with GRS some months ago... I'm not sure this is worth considering.
JHA remains in the realm of "CPU" coins because nobody taken care of resolving the borderline trivial "complications" they introduced.
Cryptonight is known to have private implementations.
Let's say the others are fine.
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Tv is for retards.
OP has a very loose definition of "TV show":  BTW. When I say TV show. I also mean YouTube show. I watch YouTube in 1080p on my TV so often that I call YouTube shows, TV shows.
So what's the best YouTube/TV show.
Anyway, there are many interesting and informative videos available on YouTube about Bitcoin. Many of them are great for newbies to become familiar with Bitcoin and some of them have content that could be useful for more advanced users as well. Not everyone learns best by reading massive walls of text. Some people are just naturally more comfortable when information is delivered via visual means. It is these videos that OP is referring to. Also related are podcasts, which Bitcoin has quite a few. Although perhaps that would be more suited for another thread. |
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The Avalon Nano is fairly consistently priced at ~$18.50 from the manufacturer; the price in Bitcoin with them is updated automatically. It is definitely one of the cheapest miners as well, as far as new goes. Pre-owned or old stock miners can go for cheaper, but this is a pretty solid miner to go for, tight package, nice flat heatspreader. I think only the iMiner is even nicer for the casual miner (no exposed components at all), but it's relatively expensive and not as easily sourced in AU/EU/RU/US.
The iMiner is indeed very pretty but it only hashes at 0.3 GH/s. I'm not sure if that's high enough to reach any pool's minimum payout threshold. Eligius enforces a limit of 0.04 BTC and Ghash.IO's limit is 0.01 BTC. At 0.3 GH/s, you would probably mine <0.01 BTC per year. Does anyone know if these Avalon Nanos at 4 GH/s will be able to mine enough BTC to reach any pool's minimum payout threshold or would one be better off just solo mining and hoping to mine a block instead? Nano ROI? - ROI means Return On Investment. Regardless how big or little (Nano) the investment is still ROI, so I am not sure what the big deal is?
Usually in this type of context, the term "ROI" means whether or not it will recoup its costs. Technically speaking, it's not the correct meaning of the term but it's probably the most common. |
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I created a faucet (I won't share the link). I topped it up with 1,000,000 satoshis and put in some ads. By the time it was emptied out, I was only able to make a total of 13,000 satoshis from advertising revenue.  The most popular faucets such as Freebitco.in are probably quite profitable for their owners but it wouldn't surprise me if most of them never make a profit. The market is pretty saturated enough as it is. They also earn money from donation & captcha too
They could earn extra money if they share other faucet site with their refferal links
Anyway, make money from faucet is bad idea
Who the hell actually donates to faucets? I see no logic in that. And the amount of money operators get for every completed captcha is tiny fractions of a cent. Gavin's original faucet got quite a few donations. Of course, the situation back then was very different compared with today. |
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I actually just sold all my bitcoins although they only amounted to 1-2 BTC max.
I still have a few altcoins and BTC left in exchanges but it's not a lot. The bitcoins will be spent on paying for rent and food. I'll be rebuying them in July when the government gives me $1,000. Hopefully the price will be lower by then.
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Finally got the config set just right so the Avalon Miner program recognizes both of my sticks. They are hashing away at 4.79GH/s each with a Thermaltake A1888 Mobile Fan II keeping them cool
I didn't have active cooling on mine, so thanks for adding this. Appears activly cooling it gets a even higher hashrate. I got around 4.38, with active cooling you got 4.79. So active cooling has added around .41 GH/s. (unless config is set even better then default this also could have caused it). Do you mind posting your config Ecnad? Would love to have it as part of the thread. Wouldn't the extra power consumption required for active cooling negate the benefits of having an increased hashrate? |
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Yes, I posted about this here: https://bitcointalk.org/index.php?topic=1053184I locked the thread because I thought it was probably just a problem on my side rather than the forum itself. Nobody else other than one other person (Operatr) had experienced the same problem. I was not using Tor or a VPN. I was using a fresh install of Portable Firefox. Hope this helps. |
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Since nobody else other than Operatr has experienced the same issue I had and it seems to have been a one-off type thing, I'm locking this thread. Thanks for the responses everyone! |
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Bitcoin already has a pretty shady/seedy reputation so I'm not sure if it's a good idea for the community to encourage this type of stuff... Yeah, I know fiat can be used for this as well as weapons, assasination markets, etc. but the non-shady/seedy/illicit stuff far outnumbers it. Most people still can't buy their eggs or milk from their grocery store using BTC. Why the fuck would a trauma surgeon quit their job to work in the porn industry? Why become a trauma surgeon in the first place if you just want to make money? Yeah, I think it's bullshit too, the one thing that hasn't made me lose faith in humanity so far is that if anyone wants to become a Doctor they need to actually want to help other human beings, otherwise they would consistently do a shitty job of it.
You'd be surprised at how many people get into medicine only because of the money. How do I know this? Because I lived in a hostel full of pre-meds for 1 year. |
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Hey there guys,
I see a lot of people and BTC devs talk about the size of BTC blockchain as one of the main issues to be solved in the future. What about adding PoS to BTC so it becomes both PoW and PoS coin?
Since mining difficulty is going to go up more and more, only large miners with access to cheap electricity and a lot of capital will stay in the game.
With PoS, even small miners would be able to stay in the game and benefit from holding BTC. I agree, holding BTC does not help crypto adoption and does not bring new retailers but it might bring back profitability into the game which is one of the main reasons people would accept and invest into Bitcoin.
I m not talking about high PoS, something moderate 3% a year, max.
I ve personally invested into a lot of PoW and PoS coins, DMD Diamond is my favorite, and I would like to see BTC getting some shiny new traits as well. After all, in tech world, it is all about constant innovation.
Apparently transitioning a coin from PoW to PoS (or even partial PoS) is actually far from trivial. The Lottocoin dev attempted to do this but failed because the complexity of the task was too much for him to handle: Lottocoin is almost mined out, should we change it to POS to keep the network moving?
I dont know how to convert the current code to POS while keeping the same blockchain, but We could make a New POS coin, and do
a 1 to 1 coin swap, and also get the exchanges on board to make the process easier.
Any coins not swapped after a certian time, like 6 months, can be distributed via a faucet or something.
If we were to change to POS, how much interest should it pay? 10% 20%..?
What do you guys wanna do?
Link to that thread: http://bitcointalk.org/index.php?topic=1028981what about instead of pure pos, a hybrid like pow/pos? It is still not free from problems but, at least it won't take the whole mining activity out of the question
Yes, that is what I had in mind. Keeping PoW and adding PoS. The POS should have no interest, like NXT or qora, not the type of PPC's POS. For those coins, stakers still get a reward. It's just that unlike Peercoin which has a fixed reward (fixed interest rate), NXT and Qora have the rewards come directly from transaction fees (variable interest rate). What fixed rate PoS does it create inflation. Very high fixed rate PoS coins like HYPER have lots of inflation because the total coin supply keeps on going bigger and bigger. This erodes the value of the coin. It's far better to have a reward system like NXT or Qora since only then will the coin supply remain untampered with. |
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I've been on for most of the night. No issues here.
You might try a different computer at your place to see if it's that computer, or bigger.
The problem is gone now so it's not possible to test it anymore. It looks like only me and one other person had the same issue and most people weren't affected. Unless someone else steps up and says that they were also affected, I'll probably just lock this thread. No, I didn't get anything. Something may have installed a rouge certificate. Check your computer for any adware, also look through your installed certificates and look for anything suspicious.
I did a check on the domain name (cash-generation.com) and it appears to be unregistered. I checked the balances of my Bitcoin wallets and all my coins are there. Very strange. I'm using a shared wifi connection so perhaps there is something wrong with the router... My connection is as usual smooth! Just check the URL is exactly the same as bitcointalk.org. I think there is no problem, just ignore the pop up window!
Hmm... It wasn't a popup window. The whole site just looked like that for a while. That's weird, why would the domain be unregistered? I'm going to assume that the problem is going to be on your side, did you go through your installed certificates? I'm running on a newly installed version of Windows with a newly installed version of Portable Firefox so I doubt it's my computer that's at fault. Could it be related to my router? I'm browsing on a shared wifi connection with about 12 other computers in the network. Definitely won't be your router, there's a possibility that something may have crawled on from the other computers onto yours. Download trusteer rapport. It helps a lot. It's encrypts all your data on wev pages you browse https://www.trusteer.com/ProtectYourMoneyLooks interesting. I already have most of my BTC in a cold storage wallet and all my bank accounts use third party authentication so it's probably not necessary for me at this stage. EDIT: Wait, what is this? The EULA[34] (Paragraph #2) allows IBM to take files from the machine that it is installed on. You authorize personnel of IBM, as Your Sponsoring Enterprise's data processor, to use the Program remotely to collect any files or other information from your computer ... Some consider this a violation of security and privacy. Link: http://en.wikipedia.org/wiki/Trusteer#Trusteer_RapportSo they (IBM) can see and take any files which happen to be stored in my computer's hard drive? |
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The trust system isn't moderated and only he can remove the rating. You should probably ask Quickseller about it. I'm not 100% sure but assuming that you aren't really him, I think a similar situation happened once before where a user was suspected of being an alt account but the claim was later retracted and the negative feedback removed. I'll see if I can find that thread. EDIT: Found it (although in this case it was pretty obvious that he wasn't an alt): http://bitcointalk.org/index.php?topic=420489Usually alt accounts are discovered by links between addresses in the blockchain and further confirmed by looking at the profiles' activity statistics. EDIT 2: I wrote this post before your second post in this thread so I didn't realize he blocked your PMs. |
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No, I didn't get anything. Something may have installed a rouge certificate. Check your computer for any adware, also look through your installed certificates and look for anything suspicious.
I did a check on the domain name (cash-generation.com) and it appears to be unregistered. I checked the balances of my Bitcoin wallets and all my coins are there. Very strange. I'm using a shared wifi connection so perhaps there is something wrong with the router... My connection is as usual smooth! Just check the URL is exactly the same as bitcointalk.org. I think there is no problem, just ignore the pop up window!
Hmm... It wasn't a popup window. The whole site just looked like that for a while. That's weird, why would the domain be unregistered? I'm going to assume that the problem is going to be on your side, did you go through your installed certificates? I'm running on a newly installed version of Windows with a newly installed version of Portable Firefox so I doubt it's my computer that's at fault. Could it be related to my router? I'm browsing on a shared wifi connection with about 12 other computers in the network. |
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