but what would a lower difficulty be good for? It just makes it easier to "51%-attack" the network, which isn't a good thing.
The Mining Cartel would be the biggest one, and the Cartel would agree to hash rate maximum of ~49.345% of the network keeps the network honest?
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scammed out of 4BTC.... please send my bitcoins back to me! *PISSED OFF* your the reason bitcoin exist, you scammer! soon you'll never scam anyone out of a few bitcoin again! Don't get Scammed. Help build trust, Post reviews and comments about the dealings you had with bitcoin businesses. thebitcoinreview.com - suggest a bitcoin businesses to add to our database ... still cant believe i fell for this obouse scam i figured hey got it on a discount on groupon or something... idk scam.. lol ... damn
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Theirs more S.DICE Shares to be bought on havelockinvestments.com but they are kinda over priced.... 0.48BTC for 1 unit (which represents 95 S.DICE shares) ... damn do i hit the buy button Not quite overpriced. 0.0048 is the largest wall on MPEx with 335k shares being sold...anything under that is sub 5,000 shares. At 0.48BTC a share, we're purchasing essentially everything under the .0048 mark and some of the .0048 (which is why the offering price is now .48 BTC per 100 shares). well 1 unit = 100 shares that pay 95% of wtv MPEx pays the fund... and the lil bit about this 95% being reviewed ever 3 months is kinda scary I would like them to removed that and agree to give us at least 95% or 90% forever? they make ~5% profit on the sell of the shares because they are at a slightly higher rate and they make 5% off ever dividend that's fine, that's the cost of the pass through... but can't they agree to have that 95% fixed in stone?
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ive buyed 5x1BTC and 5x5BTC empty coins and just received them, thanks again for this they are totaly awesome. i may buy more in the future thank you for your order
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i still have a 25$ code he gave me to prove it was good, lol. i should of seen this coming ...
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But 30BTC for MPEX is a show stopper for many small investors.
It's meant to be a show-stopper - they don't want to deal with small investors directly. In fact, if you read Mircea Popescu's blog you'll know that the fee is going to increase over time. Small investors are not their target market. Deal with it. I know. thats cool.... I don't plan on putting more then 20BTC in S.DICE... all thanks to https://www.havelockinvestments.com/
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havelockinvestment.com SDICE IPO sold out again. You can now use the well-done market there to buy from other havelock users or go to MPEX, of course, if you want satoshi dice shares.
havelock will issue another IPO in about 30mins! i kinda wish they would let the price rise on their market b4 issuing another "IPO" I want to trade S.DICE on the market! Theoretically the price will never rise outside of a certain range from MPEX... If there's the demand we'll keep building the size of our passthru which will ultimately make trading SDICE on havelock more liquid. Maybe after this round we'll hold off a few days to let things settle a bit. Cheers, James well price did get bumped to 0.64 in-between 2 of the IPO's, (this was ~ 40% above MPEX ) your marketplace allows everyone to get in on the action, this means price will FOR SURE be above MPEX. MPEX is like the supplier of shares, that you and a hand full of others re-sale, so the market price will have a premium for sure. Dood, you literally have no idea what you're talking about. S.DICE monthly volume is in the 40-50k BTC range. Math, srsly. lol dude. you obliviously have more experience in this trading game... But 30BTC for MPEX is a show stopper for many small investors. are you saying havelock's new SDICE IPOs will have 0 efect to the exchange rate of MPEX SDICE.... lol you wana bet havelock market will always be at least slightly higher then MPEX? i do SDICE is a super good investment opportunity.
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havelockinvestment.com SDICE IPO sold out again. You can now use the well-done market there to buy from other havelock users or go to MPEX, of course, if you want satoshi dice shares.
havelock will issue another IPO in about 30mins! i kinda wish they would let the price rise on their market b4 issuing another "IPO" I want to trade S.DICE on the market! Theoretically the price will never rise outside of a certain range from MPEX... If there's the demand we'll keep building the size of our passthru which will ultimately make trading SDICE on havelock more liquid. Maybe after this round we'll hold off a few days to let things settle a bit. Cheers, James well price did get bumped to 0.64 in-between 2 of the IPO's, (this was ~ 40% above MPEX ) your marketplace allows everyone to get in on the action, this means price will FOR SURE be above MPEX. MPEX is like the supplier of shares, that you and a hand full of others re-sale, so the market price will have a premium for sure.
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havelockinvestment.com SDICE IPO sold out again. You can now use the well-done market there to buy from other havelock users or go to MPEX, of course, if you want satoshi dice shares.
havelock will issue another IPO in about 30mins! i kinda wish they would let the price rise on their market b4 issuing another "IPO" I want to trade S.DICE on the market!
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Information cannot be owned by single entity!
Are private keys information? yes and you don't own it, you are simple the only person who knows this information ( hopefully )
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how much you willing to pay? I gave these away to friends and family, i had kept one for myself, but then later used it to buy some pot off a friend but they often ask me how much its worth... not saying they will sell you their coin, but how much are you offering?
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Slab-a-dab-dab: Nicely done. I just put my singles in capsules as well. I know they don't need it but I'm a dork like that. that's a good idea, if you touch them with your hands they start looking old and not as shinny
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I'll chime in: Mike Hearn is absolutely right.
There's nothing wrong with writing "documentation" to help describe at a higher level what is going on. As a developer of a non-validation client, such documentation has been quite useful. I fully support "extra stuff the describes at a high level what's going on". But you must understand that once you put the word "specification" on any such document, you are promising the reader that the document is sufficient for creating a compliant implementation of what is being described. But, anything short of the source code itself is not sufficient for implementing it. And worse, the consequences of not doing so will result in people losing money -- because if there's an inefficiency in the system an attacker will exploit it, guaranteed (especially one where your target uses code that validates differently than much of the rest of the network). This is why Satoshi did not support alternative implementations.
Write all the "documentation" you want, and put as many comments into the code as you want. But do not use the word "specification" because nothing except the code can qualify for it.
+1 low level detailed documentation is useless and could be dangerous. but a high level diagram can be very useful for a quick refresher as to how a particular module dose what it dose, and more importantly, when your talking to someone about making changes a good diagram will felicitate communicating ideas.
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If is possible technical problem, what is this? I heard on Reddit and Facebook some worries about transfers/sec. Is it a real threat?
Thanks!
ya its a problem "they" know about and are working on. there's all kinds of threats bitcoin needs to tackle, so ya... you need some balls to jump in this pound
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bitcoins are wayyy overpriced right now. even ignoring technical analysis (which i generally do not -- i've been following along in the CRASH thread with similar notations and predictions as lucif) there is reason to suspect, as many on this forum -- albeit quietly -- do, that we are heading towards a midterm downtrend or even, for the first time in bitcoin history, a long-term downtrend.
heres a short list: price double, ostensibly from the reward halving, but anyone who looks at the math involved in the halving with regards to the protocol would realize (as it was widely discussed) that there is no such cut-and-dry "supply halving" to cause this to happen. yet the market priced it in rather suddenly, not based on any other real news, after the extremely low-volatility period in the early summer.
straight lines on log graphs are unsustainable: something is going on here. we aren't seeing widespread adoption which would hypothetically follow an exponential growth model. we're just seeing people buying reallly expensive bitcoins.
accumulation/distribution at an all-time high and is losing momentum.
optimism: we're still in the 'denial' phase of investor emotion cycles after the rocket to 15 crashed and burned and we failed to even come close to the all-time high.
and finally, probably my most subjective point:
bitcoins were worth $5 six months ago and there has been no significant increase in their utility or future value promise: i firmly believe the recent doubling is due to hype about the reward halving and market manipulation by pirate and others.
LOL, speculators can't see any other use for bitcoin then to speculate. Maybe bitcoin isn't hitting mainstream just yet, maybe it never really will, but its not going to crash and burn because of this... Your fucking BLIND if you can't see the growth. did you sell everything yet? no? I hope you fall in the bear trap coming up... im sorry, did you address any of the above points? or did you quote me to contrast my well-structured analysis with your emotional rant? "speculators gonna speculate" actually ties into why the hell the price doubled on no news. sure, infrastructure is building. actually, as far as the project is concerned, im amazed and inspired by how far we've come; bitcoin is robust and will one day have its shot at widespread adoption. and nobody said anything about 'crashing and burning', but rather a good old reality check to end the neverending bullrun that we've seen to date. I was going to address each point you made with a counter argument, but i lazy so i went for an emotional rant price did double on no news, but that's fine... I guess its hard for us to understand this, cuz many of us have been here for years, but not everyone knows about bitcoin the rise we saw was because a few big fish found out and invest in bitcoin recently. the neverending bullrun is never ending. There is no need to check, this is reality!
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Hi, thanks for the feedback! The intent of the 95% being revisited every three months was to allow it to possibly be increased in favour of investors, not decreased. I should have been more clear on that. Ill update the description on the site shortly!
I've also got another update to post regarding the fund.. It'll go up shortly!
Cheers, James
While you are on it please make the units (100 shares) convertible to actual shares. Then customers have the option to switch to that if MPEX ever switches to a pricing structure the customer can agree with (my opinion: MPEX is retarded, PGP is not a show stopper for me paying 30 BTC for an account is) or S.DICE sells shares on another exchange as well (May be a ADR on NASDAQ in a couple of years ). I don't think MPEX allows the transfer of shares privately from one user to the other. anyway its not important to me, the independent S.DICE market on havelock is sufficient.
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I see this "stable" zone since we've broken the parrallel uptrend channel as: 1. a correction: if we hold the longest blue line and breake through 13.8-13.9 -> return to uptrend or: 2. as a midterm top: if we breake through the longest blue line there are the resistances: - minor between 12.8-13.1 - major at 12 (green line from altime high) but longterm the uptrend looks still intact so after a short decent i expect remaining uptrend! (longest blue line comes from the bottom of 20.08.12) IMO option 2 looks more possible...what are your thoughts? I agree with this 100% I believe bitcoin is still in "price discovery mode" no one really knows what its worth to everyone else, everyone is scared of huge players sitting on mountains of coins just waiting to crash the market. no one wants to drive the price up, but at the same time everyone wants a piece of the action. I see option 2 as very likely, we all need to see how the market reacts to a slow price drop, we all need to see just how strong support at 12$ really is, b4 we blast off. i believe we will blast off because the truth is no one is sitting a huge mountains of coins, and if they are they have no intention to crash the market, EVER. So let the price drop and lets get the show on the road!
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Theirs more S.DICE Shares to be bought on havelockinvestments.com but they are kinda over priced.... 0.48BTC for 1 unit (which represents 95 S.DICE shares) ... damn do i hit the buy button Not quite overpriced. 0.0048 is the largest wall on MPEx with 335k shares being sold...anything under that is sub 5,000 shares. At 0.48BTC a share, we're purchasing essentially everything under the .0048 mark and some of the .0048 (which is why the offering price is now .48 BTC per 100 shares). well 1 unit = 100 shares that pay 95% of wtv MPEx pays the fund... and the lil bit about this 95% being reviewed ever 3 months is kinda scary I would like them to removed that and agree to give us at least 95% or 90% forever? they make ~5% profit on the sell of the shares because they are at a slightly higher rate and they make 5% off ever dividend that's fine, that's the cost of the pass through... but can't they agree to have that 95% fixed in stone?
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Sending an order works like this : you clearsign your order (gpg --clearsign), then you encrypt the result with the exchange's public key (gpg --encrypt --armor -r F1B69921). If you don't have that key try gpg --search-keys 'F1B69921'. The exchange answers with a signed message encrypted with your own public key, which you can decrypt at will. You don't have to use the web interface at all, you can POST directly to the script (via for instance curl).
If that didn't make any sense to you :
Open up a terminal. On Ubuntu you press Ctrl+Alt+T. On Os/X (Macs) you navigate to /Applications/Utilities and double-click on Terminal. In Windows you click Start > Run > cmd.exe.
Type gpg --clearsign, hit Enter. If it complains that it can't find gpg, you have to navigate to the directory where you have it installed. If you have ever identified with gribble you certainly have it installed. If you never did, aren't part of the WOT etc you should go get it right now. Trying to be part of a cryptocurrency without knowing how to use gpg is like trying to be part of the 60s without knowing how to use a bong. If you're on Windows this is a good place to start. Also make sure you read the documentation, for instance here.
Type your passphrases if prompted for it, hit Enter. Don't panic if nothing seems to happen and you just get a blinky cursor, this is RMS-style user interface.
Type your command for MPEx, such as STAT, then hit Ctrl-d and Ctrl-d again. (On some systems such as Windows this might be Ctrl-z instead. Whatever EOF is on your system, that's what you need.)
Type gpg --encrypt --armor -r F1B69921, hit Enter.
If prompted for confirmation on whether to trust the key press y, hit Enter. This means you haven't signed the key, please do so (type gpg --sign-key F1B69921 hit Enter then gpg --send-key F1B69921 hit Enter.).
Paste the clearsigned message from before. Get the whole thing, don't just copy the signature block. It starts with "-----BEGIN PGP SIGNED MESSAGE-----". Hit Ctrl-d and Ctrl-d again.
Paste the gnarly result into the MPEx box, "Output as html" checked (it's checked by default).
Copy the resulting message.
Go back to terminal, type gpg, hit Enter.
Paste message, Ctrl-d and Ctrl-d again.
If prompted for passphrase type it in, hit Enter. It'll pop up your sig info, hit Ctrl-d.
At this point you are looking at the exchange's response. If it complains that you pasted mangled output you probably didn't correctly copy/paste things. If it doesn't complain then congratulations! You've made it.
omg this is crazy....
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bitcoins are wayyy overpriced right now. even ignoring technical analysis (which i generally do not -- i've been following along in the CRASH thread with similar notations and predictions as lucif) there is reason to suspect, as many on this forum -- albeit quietly -- do, that we are heading towards a midterm downtrend or even, for the first time in bitcoin history, a long-term downtrend.
heres a short list: price double, ostensibly from the reward halving, but anyone who looks at the math involved in the halving with regards to the protocol would realize (as it was widely discussed) that there is no such cut-and-dry "supply halving" to cause this to happen. yet the market priced it in rather suddenly, not based on any other real news, after the extremely low-volatility period in the early summer.
straight lines on log graphs are unsustainable: something is going on here. we aren't seeing widespread adoption which would hypothetically follow an exponential growth model. we're just seeing people buying reallly expensive bitcoins.
accumulation/distribution at an all-time high and is losing momentum.
optimism: we're still in the 'denial' phase of investor emotion cycles after the rocket to 15 crashed and burned and we failed to even come close to the all-time high.
and finally, probably my most subjective point:
bitcoins were worth $5 six months ago and there has been no significant increase in their utility or future value promise: i firmly believe the recent doubling is due to hype about the reward halving and market manipulation by pirate and others.
LOL, speculators can't see any other use for bitcoin then to speculate. Maybe bitcoin isn't hitting mainstream just yet, maybe it never really will, but its not going to crash and burn because of this... Your fucking BLIND if you can't see the growth. did you sell everything yet? no? I hope you fall in the bear trap coming up...
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