Pay a higher transaction fee.
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How did they fix the spam problem?
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It looks like the protocol is exceedingly effective at verifying authenticity of Bitcoin, why wouldn't it accomplish the same level of success for ownership rights of software?
Because each bitcoin client is dependant on the rest of the network. How will your DRM make standalone software dependant on a network in an unpatchable way?
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I had an idea today that Bitcoin or a similar protocol might be used as a digital signature on computer software, movies, or any other form of digital medium. It would prevent the installation or operation of the software unless the license was granted directly to the owner or buyer of the software.
What do you think?
Most software already has some form of DRM, the versions that are swapped on file sharing networks have been patched to remove the DRM. So, how would using bitcoin/similar protocol be any different to existing measures?
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If we engage in a contract that you will buy 100 BTC from me at $600/btc in six months, is that a short sale?
This is called 'Futures'. I wonder if I would get any takers?
ICBIT has a futures market.
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This happens sometimes, theymos just needs to hit the bot a couple of times with a hammer and that usually sorts it out.
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The man is a pro. One of the few bears I have some respect for because he has STYLE.
I thought he was a bear too, but he's actually a lama. But, either way, you do have to appreciate his style.
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Bitcoins are divisible to 0.00000001, this is called a satoshi.
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Quick! Get Proudhno so he can tell us just how really bad this is.
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Really helpful. Thanks Yogi. BTW, bitcoin-shitlist.com seems not working.
OK, thanks for letting me know. I'll check back on the site at a later date, if it's still down I'll remove the link.
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I regularly see posts in Speculation asking what a bull/bear trap is.
A possible definition might be:
Bull Trap: An upward trend in price that invites bullish speculators to buy before reversing suddenly and "springing the trap." Bear Trap: The opposite of a bull trap, where the price goes downward and then sharply back up "trapping" bearish speculators who sold their positions.
Thanks Equus, I've added your suggestions.
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// - Don't want 0OIl characters that look the same in some fonts and // could be used to create visually identical looking account numbers.
code_string = "123456789ABCDEFGHJKLMNPQRSTUVWXYZabcdefghijkmnopqrstuvwxyz"
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thanks but I still don't see the difference
Four bytes of SHA256-based error checking code.
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The price of any commodity tends to gravitate toward the production cost.
In Bitcoin, the difficulty provides a means to gravitate the production cost towards the price. This.
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1 mh/s = 1,000,000 h/s = one million hash's per second
1 gh/s = 1,000,000,000 h/s = one billion hash's per second
So...
3,000 gh/s = 3,000,000 mh/s
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