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1261  Bitcoin / Development & Technical Discussion / Re: Ultraprune merged in mainline on: October 21, 2012, 02:53:30 PM
Will there be win32 compiles of this any time soon?
Yes, please.
1262  Bitcoin / Mining / Re: Investor looking for mining partner(s) on: October 21, 2012, 01:28:14 PM
Have a look at Havelock Investments. They've earned a good reputatation, and do things somewhat differently from a typical mining operation. By constantly re-investing part of profits to expand the capacity, they correct for difficulty increase.
1263  Bitcoin / Bitcoin Discussion / Re: Why ASIC's Should Not Be The Future Of Crypto Currencies on: October 21, 2012, 05:52:52 AM
OP just wasted bitcointalk.org SQL database space with pointless rambling.
I wonder about the computational burden of my "ignore" list. Likely insignificant compared to the burden of having to read through useless, misguided ramblings in the future.
1264  Other / Off-topic / Re: What we've learnt today. on: October 21, 2012, 05:43:29 AM
Quote
Taxonomy has been called "the world's oldest profession",[7] and naming and classifying our surroundings has likely been taking place as long as mankind has been able to communicate. It would always have been important to know the names of poisonous and edible plants and animals in order to communicate this information to other members of the family or group.

Did prostitution come before communication? Or the other way around? This is the world's oldest chicken-and-egg problem. Which is never a problem if you ask me. Like all those famous paradoxes, I never find them paradoxical. It's all semantics. Which brings me back to naming things, i.e. taxonomy. Or prostitution. Same thing.
1265  Bitcoin / Bitcoin Discussion / Re: Adi Shamir's paper on bitcoin on: October 21, 2012, 05:38:33 AM
hmm, either Shamir has gotten "old and ignorant" (like Stallman?) or someone else did this "study" and he just put the name.

Perhaps it isn't a good idea to show too much understanding of Bitcoin when there are legions trying to out Satoshi, and you are a reknown cryptographer in the list of top-10 suspects. Endorsing a poorly researched whitepaper pretty much disqualifies Dr Shamir as a potential Satoshi in the public eye. What better way to divert attention?
I can't think of any other rational reason why a high-flying cryptographer as A. Shamir would associate his name with such an unchallenging and unscientific study.

I am not telling that A. Shamir is Satoshi.
Only that this looks like an attempt, for understandable reasons, to dissociate himself from Satoshi.

That somehow reminds of Paco Ahlgren's strange (but again totally understandable) badly acted denial when he went under scrutiny after writing a (perhaps a bit too much) enthusiastic article about Bitcoin.


You think too highly of scientific publications... Cheesy  What fraction of today's papers showcase reliable, in-depth, non-biased, honest results anyway? 
1266  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 21, 2012, 05:33:10 AM
Update

shareholders
Till now we have received and processed 88 claims.



Read the rest of that post- GLBSE remains silent. He meant 88 claims of ownership by the investors. This information is collected in case GLBSE fails to provide data as promissed. My concern is about the impact of this unforseen administrative burden on the overall project. Engineering should be the priority. Once ASICs are hashing, friedcat and the rest should spend time untangling the mess. I know many would feel uncomfortable not getting an "official" confirmation of their share as soon as possible, but realistically this should not be the priority. Remember: every minute spent on doing something is a minute not spent on something else. The potential profit of this whole venture depends critically on how soon we start hashing. Designing and building PCBs, arranging for the assembly, and programming are all complex tasks.
1267  Bitcoin / Bitcoin Discussion / Re: Pay for a Limo or Taxi in New York with Bitcoins! on: October 20, 2012, 05:29:41 PM

I highly suggest BitPay (and everyone else) rephrase this type of pitch. Do not say "if you would like to start accepting bitcoins for your business", but do say "if you wish to start accepting payments through Bitcoin network..." The difference may be subtle, but it is important. Accepting some new kind of internet coins I've never heard of is not as hot as receiving instantaneous, irreversible USD payments into my bank account (which is what happens in reality).
1268  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: October 20, 2012, 04:31:38 PM
To sum it all up, this is how I see it:
  • BFL refuses to answer customers' concerns (the "town hall" thread)
  • their owner/executive was convicted of serious crime involving scams, and is now collecting funds in violation of his parole
  • they are illegally collecting investments for the development of a product under the pretense of "pre-orders"
  • that same BFL has delivered FPGAs before
  • people now have several other competitors to choose from
  • BFL has hired an incompetent person as a representative, who acts unprofessionally, offends customers in public, derails threads, and generally does damage to the company's PR
I will not be ordering from BFL, but I can see how some people would. Everyone should just decide and shut up. Everything has already been said.
1269  Bitcoin / Bitcoin Discussion / Re: Adi Shamir's paper on bitcoin on: October 20, 2012, 12:22:06 AM
Each coin is divisible into 100 million units, for the total of 2.1x10^15 units. You can hoard 90% of coins, and I will still be able to use Bitcoin system without any problems. There's plenty of room for everyone. The non-hoarded, circulating  coins can represent value just fine.
1270  Bitcoin / Mining support / Re: Submerge your rigs in liquid on: October 19, 2012, 04:27:30 PM
Good luck trying to use it in warm climate like where i live, +36ºC all year long. it would be interesting to see a Pressure-Temperature diagram of the stuff.
There are numerous liquids available, with varying boiling points. A liquid needs to be electrically insulating, inert/non-corrosive, stable, non-toxic, and boiling point should be above your ambient temperature and less or equal to the maximum desired temperature of your components.
1271  Other / Meta / Re: Can I change my User Name ? on: October 19, 2012, 04:11:34 PM
Theymos can change your name for free upon request, but if you plan on changing it often you should become a donator.

A new address for each transaction, a new user name for each post.
1272  Other / Meta / Re: BitcoinTalk's biggest issue... on: October 19, 2012, 04:07:51 PM
This forum is above average for the most part. After I started using the "ignore" function, it's got even better.  Ignore those you find offensive, or - perhaps more importantly - consistently useless.
1273  Bitcoin / Bitcoin Discussion / Re: Adi Shamir's paper on bitcoin on: October 19, 2012, 08:39:07 AM
Quote
It has just been discovered that research causes cancer in rats.
1274  Bitcoin / Mining support / Re: Submerge your rigs in liquid on: October 19, 2012, 08:12:18 AM

+1. That's a clever concept, keeping the fluid circulating without a fan or pumps.
More than clever. It's not simple immersion cooling, it's evaporative cooling: any component reaching the boiling point of the liquid (34C in this case) will cause the liquid to boil. Heat of evaporation takes away all the heat from that point on, it's almost impossible to go above 34 C in this case. Most of vapor is then condensed at the heat exchanger, and recycled into the system. This heat exchanger is likely the most problematic part: it's got to be able to dissipate heat into the surroundings at the rate sufficient to keep the hot side below boiling point of the liquid.
1275  Bitcoin / Bitcoin Discussion / Re: China: Block origin/relay on: October 19, 2012, 05:26:04 AM
The Party is not going to like this...   Cool

how do u know they're not the one's who installed it?  Cheesy

That's a scary thought.

More scary than some secretive, capitalist corporation?
1276  Economy / Economics / Re: Let's compare USD and BTC on: October 19, 2012, 12:18:50 AM
As long as the USD and BTC have some positive value, they are both assets. You can put them on the asset side of your balance sheet, so to say.

The difference is that while you may hold BTC on the asset side of your balance sheet, this BTC doesn't appear on the liability side of anyone else's balance sheet. When you hold USD on the asset side of your balance sheet, a corresponding entry appears on the liability side of someone else's balance sheet.

Specifically, if you hold paper USD, it appears on the liability side of the Fed's balance sheet. If you hold a USD bank deposit, it appears on the liability side of a private bank's balance sheet.
Good point. Are most of world's government currencies today like USD in this way? Any important exceptions?
1277  Other / Off-topic / Re: What we've learnt today. on: October 18, 2012, 04:09:18 AM
Quote
Almost 1,200 pigs were subjected to bio-medical experiments and blast-effects studies during Operation Plumbbob. On shot Priscilla (37 kT), 719 pigs were used in various experiments on Frenchman Flat. Some pigs were placed in elevated cages and provided with suits made of different materials, to test which materials provided best protection from the thermal pulse.
1278  Economy / Service Discussion / Re: [WARNING] MtGox gross incompetence in properly handling sensitive AML info. on: October 17, 2012, 04:24:16 PM
I can see how this can be very frustrating. Including the tone in the correspondence. On the other hand, it's an honest mistake. It happens.  I hope you will soon come back here and tell us that Gox have corrected the problem by reimbursing you for the shipping expenses. Gox, make this right!
1279  Bitcoin / Bitcoin Discussion / Re: Adi Shamir's paper on bitcoin on: October 17, 2012, 04:15:32 PM
Wow, 7M sitting there (OK maybe minus a few thousand lost coins) and waiting to crash the market. That makes me feel unwell.

Also, this gives a new light to market capitalization so ca. 3M alive coins â 12$ --> 36M$.

That's how tiny BTC still is.
What makes you think these coins are "waiting to crash the market"? Perhaps it's simply savings? You can cash out savings without crashing the market - sell slowly in different markets, etc. Also, keep in mind that many early coins were lost. I mined a block in late 2010, and never bothered to save them when reformatting the hdd. It was all very new and very complicated, and simply not worth the effort.
1280  Economy / Economics / Re: Let's compare USD and BTC on: October 17, 2012, 02:52:32 PM
- I go to the farmers' market. They take dollars, not bitcoins.
- I go to work. They give me dollars, not bitcoins.

Is that because they choose to, or because a government authority figure will put a gun in their face if they do not exclusive deal in FRNs?
I'd say neither. It's simply because Bitcoin is still extremely obscure - most people haven't heard about it, and even if they did, they haven't learned the technical aspects, or they got misinformed. Government is people, too.
Anyhow, the title of the thread was about differences  between dollar and bitcoin, and my post was answering that question from practical perspective.
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