|
The complaints about the memetic dynamics here are valid:
The pivot point for a meme (the bullhorn) is usually the pigeonhole its users fall into.
Getting a million eyeballs is shit if:
0. You don't already have general demand for your product
1. Your audience is clueless as to what caused the financial meltdown
2. That it's still ongoing
3. That general demand thing isn't going to change until Bitcoin becomes indispensable (pun intented) with #2 and #3
4. You will never get out of this hole
Homeless people wearing ads works because:
0. People already want wifi
1. Homeless people aren't the pivot point
2. People will always want wifi
3. Wifi is indispensable
4. There is no association of wifi with one group
|
|
|
|
I've met Hammond IRL, he seemed pretty cool, even let me play his trombone. Then either him or his brother (they're twins) stomped a dude with a swastika on his boot at a basement show. Caused a bunch of bullshit. Never thought I knew lulzsec. I don't remember seeing any of hammond's handle's in the earlier "doxings" though. Did he just show up later after Sabu was turned?
Him and I went at each other on chat. I tend to be less interested in physical retaliation and ever since a troll was planned regarding a certain group, he's been pissed at me. Our interaction was so consistent we'd know each other regardless of nick changes. Hammond was around way back in Operation Wisconsin and possibly earlier. His rhetoric just drove me nuts, but he got stuff done. |
|
|
|
We've moved on. Losing Topiary hurts like hell. Some have put Sabu behind them. Hammond was a rabid pyro but he did actually roll up his sleeves. |
|
|
|
The recent Internet viral video "Kony 2012" aims to portray Joseph Kony in a negative manner, and calls for US military intervention. Although the crimes Kony has committed are unforgivable, I have come to question the ethics of singling out Joseph Kony and asking the government to intervene militarily. While this is a sensitive and touchy subject, I honestly believe that this campaign does more harm than good to our international community. Information on the video can be found here. Does anyone have any comments on this issue? Typically white hats will do that. And younger Anonymous are drawn to that solution. Us older black hats are taking a different approach and we will get his ass caught without military intervention. |
|
|
|
Is it not a virtue to perceive yourself and others as one and the same?
...or would it be preferable to treat people as external, manipulable objects?
There is no difference between these two modes. Once you have "perceived" another as yourself, you will panic when they do something you wouldn't do. You will then attempt to manipulate them into being as yourself much as you might pull your hand away from a hot surface. Perception is unachievable. Per - is a prefix meaning one for each. Peroxide, one oxygen for every hydrogen. Percent, one for every 100. In this model, perception would mean something like one for each notion. That is the ability to see all aspects of something. Perception is impossible because we are limited (not flawed) species. Instead we have reception dependent images. We also have the limit that we are convinced of the fullness or completeness of our awareness with only a few inputs. Our so called perception is rarely more than the memory triggering of common previous perceptions. It is therefore important to begin with acknowledgment of fragmented awareness and to retrain our survival oriented habits partially toward perceiving through fewer layers of unconscious choices already made. Also accept that a full perception may involve many rather than few interfaces. Simplicity is a convenience not a law of the universe. |
|
|
|
|
I may look into this for funding some future software development at least partially.
|
|
|
|
This is increasing the barrier to entry & risk for new merchants and bitcoin services, and making it harder to gain the trust of users.
Increasing barrier and risk? If you site is secured, you have no risk. If you site is not secure, YOU are causing the risk, no people probing your servers. Wait, it's the victims fault if s/he is attacked? A victim is not expected to be armed or prepared. A business is. The audacity of businesses thinking they are victims amazes me. Don't leave the safe open and don't fail to use a time lock. You are responsible for the safety of your business. OP is right, this does create a higher barrier for establishing a bitcoin business. It's like establishing a brick and mortar business in a violent neighborhood: you'll have to invest more in security, and even that might not be enough. Such costs and risks might be prohibitive to some. Even if they're not prohibitive, they'll have to be accounted for in the price of whatever product or service they sell. The prize in bitcoin land is BTC. The prize in fiat land is Credit Card numbers. Both can be sold for fiat. The barrier to entry is exaggerated. It's just easier at the moment for large sums of BTC to trade into fiat. There's no secret trading platform where you can invest in credit card haxor teams. Not yet. Incorrect. You cannot base the security of your ecommerce website on "trusting" everyone not to attack it even though it's vulnerable.
Sometimes you can. The local restaurant website where I often order my meals is quite lame. I know, for ex., that they don't hash passwords, it's stored as clear text. There are probably other security vulnerabilities. Judging by the web design, they probably had a very limited budget for building that site. If they had to have the level of security a site needs to have to exist safely in the bitcoin world, maybe they wouldn't even have a site at all, or their meals would be more expensive just to account for that. Hashing passwords is standard practice expected. Fix your website. There's plenty of high schoolers out of work who could do it for nearly nothing or even a few BTC. Stop avoiding responsibility. |
|
|
|
That's a pretty crazy structure. I'd love to invest, because there's definitely money in it and a great need for a derivatives market (I loved playing on bitoption when it was around). But the risk reward equation for that structure is all out of whack.
For the stocks, you have no way of knowing beforehand how much of the company you are buying and how much you are paying. It seems more like an annuity. I think it should be offered through a bookbuild structure.
The bonds has limited upside and potentially unlimited downside. Usually the stockholders take a loss in full before the bond holders make any loss. In that case, I would invest. As it is, the most I can make is 2%. The most I can lose is 100%.
Actually it says your risk is zero as far as losses: "Their owner(s) are not responsible for any net loss resulting from MPOE activity, but are entitled to a fraction of the net profit of each month equal to the fraction of total stocks they hold." Don't buy any champagne in the winter months. |
|
|
|
|
As of 02-24-2012
684 shares available
684 shares secured for service
4.99 USD/BTC
.00153 BTC/LTC
1.05 BTC/month
x = 4.99 / 4.39 = 1.136
y = .00153 / .00153 = 1
p = 1.136 * 1 = 1.136
q = 1 * 1.065 = 1.065
0.01 * p = .01136 BTC / SHA
7.42 * q = 7.90 LTC / SHA
88 / q = 83 shares per month
LTC per share base price = LTC/BTC = 1/.00153 * BTC/SHA = 7.42
Monthly shares base price = Service quote / BTC/SHA = 88
|
|
|
|
|
Variance means the price of rice in Thailand isn't the same as the US so poor don't starve because some air conditioned trader made some money.
Fees means you get what you pay for. Scams means you need to use multiple services or you have no power. No concerns means no awareness.
|
|
|
|
|
I can't get past the broken English, which may have something to do with the lack of nuance and communication.
|
|
|
|
this would be emails first then sms alerts if the demand is there from members.
i want to thank everyone that responded.
please send me a pm with a bid indicating how much you would want to be paid for the alert programming only. i will handle the web design part of the site.
Sent pm. I'm building something of my own and would only charge to modify it for your needs. |
|
|
|
|
NASDAQEnema
signed up and got error but when I tried again I got username already exists, email already exists.
|
|
|
|
|
As of 02-20-2012:
684 shares available
684 shares secured for service
4.39 USD/BTC
.00153 BTC/LTC
1.14 BTC/month
x = 4.39 / 4.39
y = .00153 / .00153
p = x*sqrt(y) = 1
q = y*sqrt(x) = 1
0.01 * p BTC/SHA
6.54 * q LTC/SHA
114 / q shares for a month of service
LTC per share base price = LTC/BTC = 1/.00153 * BTC/SHA = 6.54
Monthly shares base price = Service quote / BTC/SHA = 114
As of 02-23-2012
684 shares available
684 shares secured for service
4.86 USD/BTC
.00155 BTC/LTC
1.05 BTC/month
x = 4.86 / 4.39 = 1.107
y = .00155 / .00153 = 1.013
p = 1.107 * 1.006 = 1.114
q = 1.013 * 1.052 = 1.065
0.01 * p = .01114 BTC / SHA
7.19 * q = 7.66 LTC / SHA
90 / q = 85 shares per month
LTC per share base price = LTC/BTC = 1/.00155 * BTC/SHA = 7.19
Monthly shares base price = Service quote / BTC/SHA = 90
I will automate this soon.
|
|
|
|
Instead of having the service provisioned I declared service shares at 100 shares per BTC cost at full retail price.
So these shares are "backed" by some unit of disk storage at an ISP? Service not storage - once you redeem a month from the vendor (through me) they are consumed. But I will trade forward and back to provide liquidity to the community. And I will never redeem more shares than are secured. The vendor takes no risk. I will consider storage, bandwidth, and cpu cycles in the future, but for now it's service based. Also if this works I will work on selling permashares - they will be consumed, but if someone buys 2 year's worth I'll probably be willing to pay their service almost indefinitely. |
|
|
|
|
The optimization attack can be avoided.
Require 1000 samples of the work.
Reward those contributions within a 30% variance of speed.
Use the fastest speed as the reference for what the work is worth.
In bitcoin the longest chain is the accepted true chain.
In Noocoin the fastest work should define the worth of the work.
This will also behave as a fast adapting difficulty parameter.
Result: No trusted nodes needed.
|
|
|
|
|
This is a model where I take all the risk. As my vendor stated, I can do whatever I want with the storage as long as he doesn't have to do anything.
Goals:
Replace Bitcoin with vouchers for service that paypal can't reject.
Provide a quick way for people to get bitcoins and litecoins without the usual hassle.
Provide a way for bitcoin businesses to have mass quantities of funding and be able to ride the panic.
I recently purchased 6 months of VPS hosting service. I am not using any of this service. I do have a separate purchase with this vendor.
Instead of having the service provisioned I declared service shares at 100 shares per BTC cost at full retail price. I did get a discount for purchasing 6 months at once and not actually having it provisioned.
To purchase service with these shares you can submit them to me as 114 shares for each month. Since the goal is not to increase my vendor's exposure, once you purchase service those shares are considered consumed and no longer exist (barring issues with the service). This would not be the case if you were purchasing products rather than service.
6 months of service @ 1.14 BTC per month = 6.84
100 shares per BTC * 6.84 = 684 shares
5% fee both ways in trades
initial profit potential = 6.84 / (6.84 - my discount)
I am selling these shares for Bitcoins, Litecoins, and PPUSD.
I will also repurchase these shares for BTC, LTC, and PPUSD.
At the time of purchase: (not including 5% fee)
USD/BTC = 4.39
USD/LTC = .0083
BTC/LTC = .00153
BTC/share = .01
LTC/share = 6.54
The price of one month of shares is dependent upon the current USD price of Bitcoins.
While I will be taking in my 5% and my discount, I will also be purchasing service such that every outstanding share is matched with service.
I take the risk that no one will want to buy these shares. However, liquidity is a joke at this time. Paxum cutting off bitcoin caused the usual panic.
At the very least I'll prove that what the Federal Reserve does is not rocket science.
|
|
|
|
I measure both my profits and my loss in USD (preferrably EUR, but USD will do).
Thus, it only makes sense to me to raise USD and pay dividends in USD.
Of course, the shares would be traded in BTC and dividends would be paid in BTC, but always in relation to my profit in USD.
So if I IPO 1000 shares at 2$, I would always buy them back at 1.50$ (just sayin').
I would almost never be able to buy them back for 1BTC when the USD/BTC goes to, say 20.
Let's say I make 500EUR profit, I distribute 10% of that over all the shares.
I go EURUSD/BTC -> GLBSE and everyone gets their fair share.
Also, shit like the LIF.xyz are less likely to happen. Issuer sees he needs to buy back at 7 USD when having issued at 3 USD ---> takes a hike.
As much as most people dislike the Dollar and the Euro, they're still the measure by which to buy bread and pay rent.
And you want to use the Bitcoin economy to issue shares in dollars when you could just as easily do so by incorporating a business and issue shares through ALREADY available venues? I'm sorry, but you just set off a dozen alarm bells. |
|
|
|
|
After the MegaUpload attack (and the incredible counter attack - 24% of traffic!!!) which was to stop MegaBox (which we will build, on Bitcoin no less) anything can go down for any reason.
Incentives are moot when the FBI sux MPAA cawk that hard.
I think the pro-active option is critical.
I also think we need to understand that bitcoins are tokens. I fully expect local exchanges which offset commodity speculation (price of rice in Thailand versus in the exchange) to prop up where people refuse to trade rice at the same price as the gamblers want.
I like the fact that 1) bitcoins have different values at different exchanges, and 2) the arbitrage opportunities are far and few between allowing localization of prices.
And lastly, we will never hit 21 Million BTC, so any BTC that aren't spent are BTC that do not exist.
Still, maybe the way to avoid disaster is to encourage chain forks at a small rate.
I can outline an idea I had a while ago:
Say the difficulty is 1,000,000.
Say the fork threshold is 5.
The fork difficulty is 5,000,000.
Say your block qualifies for difficulty 10,000,000.
Your block is 2x the fork threshold.
If you choose to fork then your fork would have difficulty 5,000,000 / 2 = 2,500,000 with reward 50 * 2,500,000 / 1,000,000 and 21 Million limit.
So now you could mine harder coins for a bigger reward. On the flipside if you get a block that qualifies for 100,000,000 then:
Your new fork has a difficulty of 5,000,000 / 20 = 250,000 with a reward of 50 * 250,000 / 1,000,000
Ultimately the point of mining is transaction security. However, this becomes a contradiction. If more coins are transacted in mining than being spent then who is being protected? An empty car with a great engine still wastes gas sitting there.
|
|
|
|
|
Show Posts
