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12001  Local / Deutsch (German) / Re: BVDW warnt vor Bitcoins als Zahlungsmittel on: June 04, 2011, 12:10:03 AM
Ich finde der BVDW hat unseren Dank verdient! Kennt irgendwer die Adresse für Bitcoin Spenden?

- Innerhalb von ca. 2 Tagen hat sich die Anzahl an deutschsprachigen Posts und Threads hier auf dem Forum verdoppelt.

- Die Grundsätzliche Funktionsfähigkeit von Bitcoins als Alternativwährung kann nicht mehr ernsthaft in Frage gestellt werden, da ja selbst der BVDW Bitcoin als seriöse Bedrohung für den Status quo einschätzt. (Jedem Versuch nach so einem Statement noch die technische Funktionsfähigkeit zu bezweifeln oder das Ganze in die nähe von Schneeballsystemen zu rücken wird die Grundlage entzogen). Wie lange hätte es wohl ohne diese PM gedauert solche Bedenken auszuräumen?

- Die Argumente "Steuerhinterziehung" und "Geldwäsche" sind äußerst schwach, da dieses ja auch bis dato(unter kräftiger Mithilfe der Banken) stattfindet. ( http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs , http://www.reuters.com/article/2009/08/12/us-ubs-tax-idUSTRE57B2CF20090812 )

- Am besten fand ich allerdings folgenden Satz: "Die außerordentliche Wichtigkeit der Konjunkturpolitik für die Gesellschaft haben die Unternehmen und Organisationen sowie nahezu jeder Verbraucher im Zuge der Finanzkrise bereits erfahren können."
Das muss man sich einmal auf der Zunge zergehen lassen: Das Hauptargument gegen Bitcoins ist, dass wir bei einer weiten Verbreitung von Bitcoins nicht mehr in der Lage wären auf Krisen zu reagieren, die bei einer Existenz und ausreichender Verbreitung von Bitcoins nie hätten entstehen können.

Vielen Dank BVDW!

Ich finde die Jungs haben eine Bitcoin Spende mehr als verdient!

hmmm, da gibt's doch bitcoinmail.com. Hat das mal jemand ausprobiert?

Wir könnten den Mitgliedern des bdmv solche bitcoinmails schicken. Wenn die nicht eingelöst werden, bekommen wir unser Geld nach 14 Tagen wieder.

Wenn ein paar von den Mitgliedern die Bitcoins annehmen, ja dann,.... ?!?
12002  Economy / Economics / Screw the economic growth paradigm on: June 02, 2011, 09:27:04 AM
I've been a long-time critic of the dictum, that economies must always grow (and I'm not alone).

I think this paradigm is a remnant of older ages, when the spanish, portugese, british and whoever where in the process of colonializing the world and a little younger times, when nation-state's economies started competing on a global scale.

Taking a global view, an ever-growing economy cannot work in the long run because of earth's limited resources. I actually think we (at least the "western" people) should scale our consumption (and therefore our non-exporting economies?) down. I think if we don't, this will bite us in the ass big time some day. Also: we are still to a certain extent a role-model for people in developing countries... imagine all the world having energy and resource consumption of a US citizen => doesn't work.

Do we really need all the consumer products we buy en masse each day and throw away the next? Does it make us happier? I'm seeing many articles about studies suggesting otherwise.

So why am I telling you this?

Because I think it's a very nice answer to the many people saying "a deflationary currency cannot work as the main global currency, because it just wont support economic growth".

Is it (a good answer)?
12003  Bitcoin / Bitcoin Discussion / Re: Want 10 bitcent? Link to Bitcoin Weekly in your signature. 2 BTC supply total. on: June 02, 2011, 09:09:16 AM
Nice promotion idea!
Like it, support it

1GAfpcRTjkvxmVtZTTJQPeSPsiQLscZ8qr
12004  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 02, 2011, 09:05:45 AM
Silk Road scare mongering.   I know Silk Road has a lot of support here, but it does not really require bitcoin - it could work with cash in the same manner and be even more secure.

Um, no it wouldn't. Not at all. There is no way their feedback system would work without bitcoin proving that somebody actually made a purchase on the website, proving that money was actually sent.
yeah - I just wanted to delete that comment
please don't. It's nice to see invalid criticism be shown to be invalid. No harm done, only good Wink
12005  Other / Archival / Re: Pictures of your mining rigs! on: June 02, 2011, 09:01:54 AM
(insert pic of balkony miner)

Nice. Any chance you could post some pictures of how this looks under the hood? I'm a bit interested in seeing how you set up the ventilation in this case. Smiley

Ok, I will try to remember making some shots the next time I do maintenance (probably soonish, when it's getting very warm, I might want to flash the BIOS to reduce Voltage back to factory or something lower than now).

I would build the thing differently nowadays, though.
12006  Local / Deutsch (German) / Re: BVDW warnt vor Bitcoins als Zahlungsmittel on: June 01, 2011, 11:07:08 AM
Schön, der Artikel zeigt doch, dass Bitcoin ernstgenommen wird.

Der Ton ist unsachlich und polemisch ("Die reale Wirtschaft darf nicht zum Monopoly-Spiel werden.", erinnert mich an "Das Internet darf kein rechtsfreier Raum bleiben"). Argumente sind vage ("Vertrauen sie doch lieber auf die bestehenden Zahlungssysteme"), Eingeständnis des Scheiterns ("EU plant in ZUKUNFT Gesetzesvorlage XYZ9001 um Grenzüberschreitenden Zahlungsvekehr etwas zu erleichtern... diese Position hat Bitcoin jetzt schon eingenommen"), oder schlichtweg Falsch ("Bitcoins können über Nacht durch staatliche Eingriffe wertlos werden").

Naja aber wer sich das SPON oder Golem-Forum angeschaut hat, weiß dass noch viel Aufklärungsarbeit zu leisten ist. (Am wichtigesten wäre zu sagen, dass Mining keine Einnahmequelle ist bzw. sein sollte, und wieso man einen Bitcoin nicht zweimal ausgeben kann).

+1 zu allem Wink
12007  Economy / Economics / Re: difficulty too high while bitcoin society too small on: May 31, 2011, 11:37:06 PM
Afterburner, I suggest you start your own block chain with your superior ruleset. I'm sure everyone will see how awesome it is and drop Bitcoin like a hot bowl of semen!

Unfortunately, bitcoin has other severe design damages. It's code should be completely rewritten from scratch, preferably in Haskell programming language. Because bitcoin algorithms has business with huge amount of money, they must be formally verified, like seL4 microkernel.

So, that is HUGE amount of work, I can not do it myself alone. I may just write 'boundary' design conditions:

- mining amount of BTC, per unit time, should be proportional to CPU/GPU power, but in degree LESS than 1, till 90% BTC will be mined, algorithm must prohibit any parallelisation like ATI GPU does with current bitcoin algorithm

- distributed system should reject any possibility to group miners or peers in pools by design: they should be completely independent forever

- mining difficulty should be normalized to attract at least 1 000 000 miners world-wide, being on-line each day, on average

- transaction propagation should work in 'soft' real time conditions: we must guaranty that ANY transaction should be completed in 10 minutes, without paying fee, and if fee is 1% of transaction volume, we must guaranty that ANY transaction should be completed in 10 seconds

- if client wish, he could able to get possibility to de-anonymize, and to attract third-party that can roll back a transaction, if second-party is unhonest



Dude, this is awesome (except the part about chargeback by "third party")

Until you (or whoever will implement this), is done, I'll just use bitcoin, if you don't mind.
12008  Other / Archival / Re: Pictures of your mining rigs! on: May 31, 2011, 10:03:13 PM

yep, you found me/it Wink
12009  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: May 31, 2011, 08:47:05 AM
German "Der Spiegel", online edition:

http://www.spiegel.de/netzwelt/netzpolitik/0,1518,765382,00.html

it will not be in the print edition
12010  Other / Archival / Re: Pictures of your mining rigs! on: May 28, 2011, 02:04:54 PM
My new humble experimental mining rig:

http://www.youtube.com/watch?v=hNUX1FLj_OQ

Basically I am glad that it works on a hardware I chose running a software I've written and still everything works OK Smiley

I think your cat doesn't like it, by the sound of it ;-|
12011  Economy / Trading Discussion / Re: NEW: Individual subscription service for Bitcoin Trading and Market Coverage on: May 28, 2011, 10:33:29 AM
I hope there's still some spots available by the time bitcoin falls to $3.66, because I'd sign up at that price point.  Its worth two subcriptions at $1.10.  I don't think it will, but if it goes below $4, I'll pay.

1 BTC is 1 BTC. And I humbly predict: it will still be 1 BTC in the future.

In other words: I don't quite understand your thinking, unless maybe, you have no Bitcoins at all. Because if you do, that service will be no less expensive for you in the future than it is now. 5 BTC is 5 BTC.


so when 1 zimbabwe dollar went from a 1$ USD value to whatever it became later, its still 1 Zimbabwe dollar so whatever was price 5 Zimbabwe dollars (ie: milk) is worth 5 zimbabwe dollars when its value is 10 000x less in USD? I think not

1 BTC is 1BTC, but 1 BTC now does not mean you can buy the same stuff with it tomorrow or in a year

If S3052 keeps his subscription price stable, which he probably will, then you can still buy the same stuff in a year.
12012  Bitcoin / Mining / Re: Huge ~40% Drop in Network Hashing Power (5/27/2011) on: May 28, 2011, 10:29:44 AM
is there any chance to see a difficulty drop ?

It's happened before, last time when "misteryminer" left in March. see http://bitcoin.sipa.be.

I doubt it will happen this time, though
12013  Bitcoin / Pools / Re: Please test: New Experimental Pool "Eligius" on: May 28, 2011, 09:43:11 AM
In my mind, this would justify adding a long-term 0.7% "fee" to the pools, but I'm not going to do that. Instead, I'm going to just publish the information and ask everyone to keep this fact in mind when considering donating to the pool.

A fee would be well-justified.

However, I think it's one of eligius' unique selling points to have no fee.

Therefore let me propose a way to encourage users to donate: We could put something like this

http://bitpoll.dyndns.org?poll=4 EDIT: according to luke-jr this is not needed, just normal donations. see http://eligius.st/~artefact2/ or http://bitpoll.dyndns.org?poll=2 for addresses.

on the stats page (at the top or in the middle). (note I used some of eligius' donation addresses here, namely the ones for "stats page" and "pool")

People *love* progress bars, they are really motivational.

So I'm offering my help in putting something like that on the stats-page (using javascript, iframe to my site, server-side or whatever is best)

how 'bout it, luke, wanna try this first, before you put a fee?

also: if you like the idea, even if you dont want this on your page(s)), can you please give me some addresses for the months (we could use 1RNUbHZwo2PmrEQiuX5ascLEXmtcFpooL for April)
12014  Bitcoin / Mining / Re: Command Line Overclock ATI 5830 on: May 28, 2011, 09:02:28 AM
Your gpu.sh script is sweet too because I no longer have to arrow up and to get to whenever the last time I used aticonfig --odgc/t --adapter=all.  Thanks.  This is worth at least a bitcoin to me, so post an address to donate with the bitcoind command.

you know you can just do

Quote
#> echo "aticonfig --odgc/t --adapter=all" >> myscript.sh
#> chmod a+x myscript.sh

magic yourself, don't you?
12015  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 28, 2011, 08:59:37 AM
From the sounds of things these sound like structured ASICs - somewhere between an FPGA and a normal ASIC in terms of performance but much cheaper to produce.  I could be wrong, but that's what it sounded like to me.

That's what he said. Works sorta like fpga with pre-fabbed logic gates. Then, through some processing magic, connections are permanently made (something about metal). Well, you know better than I do how that works and what it is exactly, but I remember him describing them along these lines, so you're likely right.
12016  Bitcoin / Mining / Re: Mining difficulty rate!! on: May 28, 2011, 08:53:59 AM
Some people just can't get it! You keep up building mining rigs and all you'll get is increaced difficulty to a point where you won't even be able to pay your electricity bills.
So keep up building $2000 mining rigs you idiots! Let me see you pay them.
I can see it now ... the second hand GPU market will be flooded with cheap ati cards.

yes please, also flood me with your cheap american power, please!
12017  Bitcoin / Mining / Re: Huge ~40% Drop in Network Hashing Power (5/27/2011) on: May 28, 2011, 08:39:39 AM
Please read the thread.

I did.  I still don't believe that chart is accurate.  Something is wrong.  Why else would the difficulty level drop a large amount EXACTLY when difficulty level increased?

The difficulty increase was around 5/26 6pm, the hashrate was still climbing until after midnight that day. That's HARDLY exactly at the same time.

I assume this is just a lot of smaller miners making recalculations after the strong difficulty increase and deciding mining is not profitable for them any more and they don't want to bet on rising exchange rate, so they just quit or head back to folding@home or seti or whatever.
12018  Other / Archival / Re: Pictures of your mining rigs! on: May 28, 2011, 08:29:40 AM
we truly live in golden times, just look at all the awesome hardware we got!
12019  Economy / Marketplace / Re: Bitcoin Cash and instant clearing. on: May 28, 2011, 12:20:33 AM
hm, interesting thought from bitbill thread:

http://forum.bitcoin.org/index.php?topic=7724.msg147231#msg147231
12020  Economy / Marketplace / Re: Bitcoin Cash and instant clearing. on: May 27, 2011, 11:58:58 PM
Private institutions can be set up to issue bitcoin based paper money. The paper is printed by the same companies that print government tender, making it prohibitively expensive to forge believable copies of these notes in the long run. Security features on the notes can include a barcode that can be scanned/entered to confirm that the note has not yet been redeemed for the underlying bitcoins at the backing institution.

I like the idea.

The barcode security-feature you talk about could actually be the address owning the amount of bitcoin this note is being backed up with.

That way, users can always verify the backing is actually present (to avoid possiblity of fractional reserve banking).

Good idea?

Issue two notes with same barcode. boom! fractional reserve banking.

Issue two notes with same barcode. One gets redeemed, the owner of the other note verifies wether the amount is still on the address (and finds out it isn't because the other guy redeemed his note) => boom, your bank is fail.
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