I guess I doing some self promotion  , but I decided I am going to start a bitcoinblog. You can read it here... http://bitcoinblogger.blogspot.com/We'll see how long it lasts...  |
|
|
|
|
Wow! Thx for the bitcoins...it gives me an incentive to write more... :-)
|
|
|
|
nice one,
although bitcoin is all about "mining gold" in your article,
get's harder any day for the average get-rich-quick-user and mining is just a side-effect anyway, so maybe you should think about to include some other features.
Right, ok. I think the key to getting the word out is to have a lot of press releases with lots of focus points. I'll try to come up with something more general. |
|
|
|
Very nicely written, but I think more should be written about actually exchanging bitcoins for goods and services and converting them to other currencies. The heavy focus on the currency creation process makes it seem like the purpose of bitcoins is to reward people with powerful computers. The advantages of bitcoins as having desirable security properties and ease of use and low transaction costs are more important than the fact that someone with a powerful computer might occasionally get lucky and generate a few coins. My personal feeling is that the minting process is not what bitcoin enthusiasts should be "marketing".
Thanks for the advice...more press releases to come. I wanted to focus on one topic to get people excited, but will talk about other things if I have time. |
|
|
|
I just wrote this as a press release and submitted it. I can write more if there is enough interest... Bitcoins: A New Digital Gold RushThe California Gold Rush began in 1848 when gold was discovered at Sutter's Mill. Hundreds of thousands of people migrated across the country to prospect for the rare yellow metal. Mining for gold was a challenging task and there were tools that were invented to separate gold from dirt. If a prospector could sift through more dirt he or she could find more gold and generate more money. The prospectors used tools such as picks, shovels, pans, dry washers, riffle boards, sluice boxes, etc. that would attempt to filter dirt in high volume so more nuggets could be found. Similarly, there is a new type of digital gold that is mined on the Internet today and it is called a "bitcoin". The concept of a bitcoin is very similar to the concept of gold. For instance, mining for gold requires manual labor and time. Comparatively, mining for bitcoins requires computational labor to generate credits. Thousands of users on the Internet are now mining for bitcoins in hopes of fortune. Many are trying to develop software and hardware tools to mine for bitcoins more efficiently in hopes of becoming filthy rich. The first bitcoin rush was not started at a mill, but instead started with a Slashdot posting. Slashdot is a technology news website that has millions of visitors. When bitcoin was started by its creator, Satochi Nakamoto, a single bitcoin had practically no value. When bitcoin was featured on the front page of Slashdot the price of a bitcoin multiplied by eight times. Today the value of the bitcoin is accelerating faster than any other currency on the planet. As more users delve into the bitcoin economy the value continues to rise and demand increases. Savvy users are trying to mine for bitcoins at a faster rate by setting up server farms to perform intense number crunching calculations. To generate more bitcoins programmers are optimizing code to fully utilize their computer's CPU, while some are even attempting to calculate bitcoins by using high-end graphic cards. The key to producing bitcoins in volume is computational speed. As of this article's writing a quad-core Intel 2.0 Ghz processor can produce 50 bitcoins in about three days. Reportedly in online forums there are users who run 48-core machines that is capable of generating 50 bitcoins in 6 hours or less. Others have claimed to run server farms with 300+ machines burning CPU cycles 24/7. Like the wild, wild west in the 1800s, there are dangers when working with bitcoin in the world wide web. Bitcoin owners need to safeguard their wealth from viruses, hackers, and scammers. Bitcoins are stored on a user's computer so if a hacker could get access to that machine he or she could steal that user's bitcoins. More recently, the world's first bitcoin scam was able to trick users in giving away bitcoins for non-existent software. Most of these scam issues, however, exist with other currencies and can be avoided with a little common sense. The bitcoin economy is growing steadily as more users understand and accept the system. New web services, currency exchanges, and markets are being created daily which allows easier trading of goods and services. If bitcoin continues to grow in acceptance one can dream that it can someday become the new gold standard. If you would like to learn more about bitcoin go to www.bitcoin.org. In the spirit of bitcoin if you enjoyed this article then please donate to this bitcoin address: 15rMp3uAk1WJdupueHhvM6895uZv9JJW8C |
|
|
|
|
I am interested in doing this movie but there are others that might be interested too. Will this be a competition? If so how will the bitcoins be distributed? Thx.
|
|
|
|
If someone started a new chain on the "production" network; it would have to be longer than the current chain. So given how much CPU time it took to generate that one, I don't see anyone trying to start a new chain anytime soon.
Right. What I was trying to say was I can start my own bitcoin network and start my own chain there. (Kind of like how the test network is separate from production.) If bitcoin.com expired and someone grabbed it then it could have some repercussions. They could claim the brand new network was the real network. Far fetched? I guessed maybe I might be being a lil nitpicky. |
|
|
|
Since satoshi is the founder, I am suggesting that he create a roadmap of what he plans to do. Right now all I know is the client and only the client but I don't know of satoshi has bigger, grander plans. If he could supply us with his vision and what he wants to do with bitcoin it would be great.
What I would hate seeing is if bitcoin has multiple flavors, like Linux has multiple flavors (which is arguable). Too many flavors and too many branches could weaken the concept of bitcoin, not to mention devalue my bitcoins I already own.
I think the domain, bitcoin.org, could be important because of name branding and also because it could serve as a central authority on the status and future of bitcoin.
Almost seems like you WANT a central authority! Isn't that what bitcoin is supposed to not need? It should be able to survive more than one client implementation with only a shared protocol and perhaps a shared wallet format. Agreed on same shared protocol and perhaps wallet. What I don't want happening is someone starts their own chain. Nothing stopping anyone from doing this, but the longer the chain the stronger the concept of bitcoin, right? |
|
|
|
|
Since satoshi is the founder, I am suggesting that he create a roadmap of what he plans to do. Right now all I know is the client and only the client but I don't know of satoshi has bigger, grander plans. If he could supply us with his vision and what he wants to do with bitcoin it would be great.
What I would hate seeing is if bitcoin has multiple flavors, like Linux has multiple flavors (which is arguable). Too many flavors and too many branches could weaken the concept of bitcoin, not to mention devalue my bitcoins I already own.
I think the domain, bitcoin.org, could be important because of name branding and also because it could serve as a central authority on the status and future of bitcoin.
|
|
|
|
Actually, it works well to just PM me. I'm the one who's going to be fixing it. If you find a security flaw, I would definitely like to hear from you privately to fix it before it goes public.
Suppose, god forbid, you were no longer able to program or were unavailable due to unknown circumstances. Do you have a procedure in mind to continue bitcoin in your absence? |
|
|
|
How do we know this is not a scam? Give us your IP to donate with or something so we can make sure you are reputable. I am scared to install it, it might steal my bitcoins.
If I were scamming, what incentive would I have to ask for donations knowing that those who used it would have their account emptied anyway. Frankly though, my username is far more of a verification of my authenticity than my IP would ever be  I can assure you the code is 100% clean. Sorry to be so skeptical, but there was a victim on this site when someone claimed to have compiled a CUDA client that used the graphics processor to hash. One guy fell for it and lost some bitcoins. But yes, if I get a chance I will look at the dlls I suppose before running it. Or, maybe you can release the project files and we can compile it ourselves? |
|
|
|
|
How do we know this is not a scam? Give us your IP to donate with or something so we can make sure you are reputable. I am scared to install it, it might steal my bitcoins.
|
|
|
|
|
Seems like the guy deleted his profile on the msg board. Here is what Google cache says:
Summary - CodexTheSloth Picture/Text
Name: CodexTheSloth
Posts: 2 (N/A per day)
Position: Newbie
Date Registered: Today at 08:00 am
Last Active: Today at 09:33 am
ICQ:
AIM:
MSN:
YIM:
Email: hidden
Website:
Current Status: Offline
Gender:
Age: N/A
Location:
Local Time: July 17, 2010, 09:48 am
Language:
Signature:
|
|
|
|
|
RHorning,
I think you have a really, really good idea. Right now you need your wallet file to do any type of transaction. But, what if the wallet was stored in the P2P network and password protected (very strong!). That means you don't have to carry your wallet anywhere, and you could log into any terminal to buy goods with bitcoins. There would be tremendous advantages to this.
|
|
|
|
|
Don't buy from buybitcoins.com. I made a credit card transaction for 4 coins last week or so but never got any payments. I tried to contact the owner but he disappeared. I posted some messages in the forum and sent him a private message but no word! I would stay away. I hope my credit card doesn't get compromised.
|
|
|
|
I am really scared to lose my wallet due to an install, re-install, or backing up. In another thread a user backed up his wallet only to lose all of his bitcoins, forever. See this thread: http://bitcointalk.org/index.php?topic=359.0Maybe we can have a step-by-step procedure to successfully backup and to restore. |
|
|
|
I wanted to test Bitcoin's double-spending protection, so I copied the wallet.dat file to another folder. I had 1.21 BTC as my balance, and I donated 0.01 BTC, and then exited the program. I then moved the copy of the wallet.dat file back to Bitcoin's AppData folder, and started Bitcoin.
When you copied the copy of wallet.dat back to the Bitcoin AppData folder, did you overwrite the existing wallet.dat? This is certainly REALLY SCARY since that's how people do backups. What is the procedure to do backup and restoring backups??? |
|
|
|
|
Is it possible to rewrite portions of bitcoin so it runs entirely in GAE? Particularly the feature that handles transactions, so it is fully scalable?
I am thinking one can get the sourcecode from SourceForge and write the C code into GAE language (Python or Java).
|
|
|
|
|
Show Posts
