Can we post this article ten more times please?
... and you get to bitch about it being posted ten more times, ten more times? ... no thanks. Why don't you put yourself up for moderator if you feel the need to be policeman so badly? LOL! |
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i know you know pm's are not similarly divisible in that how do u slice up a gold bar to pay for a candy bar?
I thought I expressed myself fairly accurately by using the adjective "similarly" instead of "equally". And if you think buying say a loaf of bread with gold is impossible because it's not divisible enough then I suggest you watch this: http://www.youtube.com/watch?v=7ubJp6rmUYMi'm willing to bet your gold comes in no smaller denominations than a 1oz coin. if it came down to it how comfortable would you be to shave off a small bit for a loaf of bread? totally impractical. Bitcoin is way more precise. |
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there are already 2 threads regarding same article on Discussion.
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i know you know pm's are not similarly divisible in that how do u slice up a gold bar to pay for a candy bar?
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Can we post this article ten more times please?
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i have to agree with hazek.
look at rare art. it tends to hang on walls in ppl's homes for years on end and has a high value. this is a form of hoarding which Bitcoin will be subject to.
when the owner dies or the value gets so high only then will it be sold off at an auction. the key to the value in this case is its fixed supply and rarity. i strongly believe Bitcoin will be seen in this same light. Bitcoin has the added advantage in that it can also be used as a currency to buy goods and services in small micro tx's. the infrastructure has been built; its just a matter of time.
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If you can get 15%, well 51% is only about 3.4 times as hard.
Check your math-- to get 51% you'll need to dedicate six times as much hardware to hashing as it takes to get 15%: The formula for what fraction of existing hashing power you need add to get X% of the network is: To get 15%, you need to add 17.6%. E.g. if existing hashing power is 100, then you add 17.6 more and your fraction is (17.6/117.6) = 0.15. To get 51%, you need to add 104%. E.g. if existing hashing power is 100, then you add 104, then your fraction is (104/204) = 0.51. 104 is six times as much as 17.6. and this is the guy who's advocating a complete re-haul of the current system? |
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How long do you plan to keep the fix "secret" and what's the deadline for making the vulnerability public?
We'll release full detail tomorrow (Monday) at 16:00 GMT, after essentially the entire world has had a chance to go into work Monday morning, see the alert message, and shutdown/upgrade. take your time. maybe Tuesday? |
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looks like Luke is all by himself.
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from the article: "A sale would give banks, brokerages and investors the one thing they want to avoid: a real price on the bonds in the fund that could serve as a benchmark."substitute CDO with sovereign bond. basically, its one and the same crap that the IB's have dumped onto the gov'ts balance sheet. next up: Spainwaveaddict and S3052: basically your guys wave analysis techniques are merging with my cycle techniques to come to the same conclusion  . |
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oh so close.
the VIX had the temerity to spike all the way down to 13.66 which we haven't seen since 6/20/07. amazing.
i think next week will has the potential to tell the story of the US economy for the next 4 years.
i knew something was bugging me about that 6/20/07 date. if anyone here is into eerie historical parallels, check this out: Bear Stearns Fund Collapsecan you believe the VIX spike down to 13.66 yesterday was last seen on 6/20/07? the historical parallel i see is drawn to the Greek CDS trigger that occurred last Friday but hasn't yet affected the stock market. could Greece be the new Bear Stearns that triggered the 2007-09 crisis? i think so.  |
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your willingness to explain simple questions to us non coder/mathematicians is why i am willing to help you financially.
in my opinion thats not just a good character trait. its a feature in armory. with its extensive explanations and tooltips armory has about 6700 words in distinctive strings. the satoshi client doesnt even have a quarter of that. etotheipi may consider offline transactions the most important innovative feature of armory. i think helping users to understand what they are doing is just as important. very true. |
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etotheipi seems pretty well versed in quantum computing and he works in a physics lab in Maryland. you'd think he'd be pretty up to date on this stuff and he isn't worried about that kinda stuff for 10-20 yrs.
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i'm not an expert by any means in this area but i thought it was interesting the way the article was written.
basically the author says the NSA has the capability to do whatever it wants, whenever it wants, wherever it wants, and to whomever it wants with the additional implication that money is no object.
color me skeptical and would appreciate the comments of those whose technical knowledge or connections is up to par to comment on this.
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mmmmmmm imagine the Ghash's, but there more likely to use it for cracking pgp and truecrypt
How vulnerable is pgp and truecrypt to brute force attack by so much hashing power? We're in luck! The NSA will never be able to crack passwords provided by blondes. During a recent password audit, it was found that a blonde was using the following password:
"MickeyMinniePlutoHueyLouieDeweyDonaldGoofySacramento"
When asked why she had such a long password, she said
she was told that it had to be at least 8 characters
long and include at least one capital.  ROFLMAO! |
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Bitcoin Media: Juice Rap News joins Bitcoin’s struggle" Juice Rap News relies heavily on viewer support and is fortunate to receive donations from people all around the world – it helps us to remain completely independent. Most donations, however, come to us via PayPal (booo), and since the illegal banking blockade on WikiLeaks, in which PayPal still participates, we have become more and more uncomfortable with this situation. Over the past year we have also been receiving regular and sometimes rather insistent emails asking why on earth we were not accepting Bitcoin donations. (“Do you accept them?! If not, will you?” – is one of the latest)." By Giordano & Hugo (JuiceRapNews) someone mentioned that while it is seemingly good that they accept donations it would be more preferable if some of these companies or organizations actually invested in the Bitcoin community itself. |
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your willingness to explain simple questions to us non coder/mathematicians is why i am willing to help you financially.
i'll also say that the ease and speed with which you solve bugs and incorporate features many here have asked for is also a huge plus for Armory.
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For reference, if the tx has any output less than 0.01, it requires a fee of 0.0005. If it has low priority (sum of BTC*numConfirmations of each input), then it will require a fee of 0.0005. If the final transaction is too big, it will require a fee based on how big it is. And that is 0.0005. Not 0.005. So yes... if you have exactly 0.0004 BTC there will be no way to spend it.
do u mean that if i want to send 1 btc, for instance, if one of the input addresses has <0.01 in it, then i will HAVE to pay a fee of 0.0005? is this why sometimes i notice i can send a tx w/o any fee and other times am forced to pay 0.0005? i didn't know these restrictions existed. |
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are the backups in 0.6.0 for windows encrypted?
No why wouldn't it be? if you encrypt your working wallet, then run a backup, it should be encrypted as well i would think. |
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