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1221  Bitcoin / Bitcoin Discussion / In 30 days, 1/3rd of all the bitcoins there will ever be...will be mined. on: July 10, 2011, 12:25:14 AM
I think we won't hit an inflection point until the reward halving AFTER next.  When 16.5 million coins exist and the reward goes to 1800/day.  At that point yearly inflation will be under 4%.  From a purely monetary perspective from that point on bitcoin can only outperform fiat currencies.  Real world (buying power) performance of course relies on many things.
1222  Economy / Economics / Re: What we need is FAIR markets, not free markets. on: July 08, 2011, 12:19:07 AM
If you're actually interested in level headed analysis you should check out the unabomber manifesto.  of course it mostly isn't anything *new*, but it is put together in an fairly efficient way.

I wouldn't call anything that led to the conclusion: "Therefore I will mail you explosives" 'level-headed'

prepare to be surprised.

http://cyber.eserver.org/unabom.txt
1223  Economy / Economics / Re: MtGox creating money? on: July 07, 2011, 10:57:58 PM
according to mtgox.

FRB is fairly easy when people aren't paying attention.
1224  Economy / Economics / Re: What we need is FAIR markets, not free markets. on: July 07, 2011, 10:56:48 PM
Also, you can refer to Karl Marx all day but that's just going to make you look like a literal communist.

Well, I couldn't care less about what other people might think. Also, I don't see why people are scared of communists, I think most of them are good people. Well, I do know why, because of USA USA USA USA USA propaganda.

I don't buy into the "let's plan all the economy altogether" thing. But the analysis Karl Marx does of Capitalism is VERY interesting and just because I don't like the solution he gives I won't stop reading Das Kapital.

It looks to me like KARL MARX and COMMUNISM are taboos for many americans. Well, they are no taboo for me and I cannot cease to be amused every time I mention them in front of an american. ("Hey, he said SEX, he must be a pervert!", "Hey, he said MARX, he must be a communist!").

As we saw in the 20th century, socialism doesn't work. It destroys entire economies and leads to the worst kinds of human suffering imaginable. I just can't believe how after over a hundred million people died due to this flawed idea, so many people still support it. It's like these people don't want to understand basic facts. They are "flat-worlders".

- The surplus value is a theory that analyzes Capitalism, not a theory that analyzes communism.
- He didn't invent the surplus value theory, he just made it famous.
- USSR actually worked somehow between 1917 and 1991. of course it was a monstrous thing, but it worked somehow and it actually turned a peasant rural country into a technological superpower.
- Millions of people die because of famines every year under capitalism's rule. It's a valid comparison: most of the people that died under communism died because of famines.

ok, let's try quoting a different author then.

"Servants, labourers and workmen of different kinds make up far greater part of every great political society. But what improves the circumstances of the greater part can never be regarded as an inconvenience to the whole. No society can surely be flourishing and happy, of which the far greater part is of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, cloathed and lodged. "

"The liberal reward of labour, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the labouring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition, that they are going fast backwards."

Adam Smith.

If you're actually interested in level headed analysis you should check out the unabomber manifesto.  of course it mostly isn't anything *new*, but it is put together in an fairly efficient way.
1225  Economy / Economics / Re: Why Mainstream Economists Lie About Deflation on: July 07, 2011, 10:50:29 PM
I agree with Rassah.  Any hope of a rational economic system is out the door as long as populism is the ideology du jour.
1226  Bitcoin / Bitcoin Discussion / Re: The Biggest Pyramid Scheme Ever Devised! on: July 05, 2011, 09:14:18 AM
this topic.  Nobel prize.  calling it.
1227  Economy / Goods / Re: WTS XFX 5830 295Mh on: July 05, 2011, 07:53:45 AM
well it's currently mining (this is a feeler) but I can take some cell phone pics.
1228  Bitcoin / Bitcoin Discussion / Re: Bitcoin _is_ more convenient on: July 05, 2011, 03:24:07 AM
in japan people charge up their phone wallets with prepaid cards and then pay at stores equipped with NFC.
1229  Economy / Economics / Re: Wealth is unlimited. on: July 05, 2011, 02:09:13 AM
why are you arguing with a fool who doesn't believe in stars?
1230  Economy / Economics / Re: Wealth is unlimited. on: July 05, 2011, 01:16:47 AM
energy scarcity is artificial.  see LFTRs
http://www.youtube.com/watch?v=EHdRJqi__Z8
1231  Economy / Goods / WTS XFX 5830 295Mh on: July 05, 2011, 12:24:53 AM
I also have a 1x pci-e adapter available.  Looking for best offer starting at 8 BTC or 9 BTC with adapter.

has not been modded in ANY WAY. No messing with BIOS, just OC'd on air at stock voltage.  Runs stable for me at 950 core (70C, has room for more probably)

edit: also have a Shogun 2 steam code available for 1 BTC.
1232  Bitcoin / Bitcoin Discussion / Re: Corrupted wallet with 5.8 BTC in it on: July 03, 2011, 11:59:38 PM
someone is helping now, thanks for the offer!

dupingcoins, I just hadnt tested whether bitcointools was working with a non corrupted wallet yet.  I did and it was.  have to go in and pull keys manually.  bitcoin tools cant open it.
1233  Bitcoin / Bitcoin Discussion / Re: Corrupted wallet with 5.8 BTC in it on: July 03, 2011, 11:12:25 PM
lol this is not a trivial problem.  I've tried all the normal stuff, now I need to get bitcoin tools working.
1234  Bitcoin / Bitcoin Discussion / Corrupted wallet with 5.8 BTC in it on: July 03, 2011, 10:54:18 PM
anyone want to help me recover this?  there is a reward.
1235  Bitcoin / Bitcoin Discussion / Re: Codename: EasyCoin on: July 03, 2011, 03:39:58 PM
the problems of FRB are much mitigated by the public ledger and the fact that there are low costs to holding hard BTC yourself.

1236  Bitcoin / Bitcoin Technical Support / Re: [GUIDE] Simple wallet recovery using bitcointools on: June 30, 2011, 06:40:10 PM
switching to py 2.7 fixed that.  Now I don't know how to install the pycrypt library.

reading this: http://docs.python.org/install/index.html

but a little lost as to where the relevant info is.
1237  Bitcoin / Bitcoin Technical Support / Re: client won't start with backup wallet file. on: June 30, 2011, 05:50:57 PM
thanks.  how do I install the required python crypto library?

without it installed I get "error couldn't open wallet.dat/main"
1238  Bitcoin / Bitcoin Technical Support / client won't start with backup wallet file. on: June 30, 2011, 06:17:38 AM
tried deleting everything in bitcoin folder except wallet file.  bitcoin refuses to run and states:
11Dbexception
Db::open:invalid argument

and closes immediately.

completely lost on how to use bitcoin tools.  downloaded python and bitcoin tools but get errors when I try to run any bitcoin tools commands. (windows 7)

halp there are 7 coins in this wallet.  Embarrassed
1239  Bitcoin / Bitcoin Technical Support / Re: [GUIDE] Simple wallet recovery using bitcointools on: June 30, 2011, 06:09:21 AM
when I type dbdump.py or anything else I get an error that says "no module named bsddb.db"  is there a bunch of setup I have to do that I'm neglecting?  I downloaded python and put all the bitcoin tools in my bitcoin folder.
1240  Bitcoin / Bitcoin Discussion / Massive bid volume on mtgox due to people attempting to get free bitcoins? on: June 29, 2011, 06:23:12 PM
of course we know the glitch doesn't work like that but people are stupid.
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