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161  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] RuCoin - Russian alternate cryptocurrency - exchange is up already! on: February 04, 2013, 03:30:12 AM
Seems like a very stable and secure coin.

If you can read Russian, you will know that there main goal with this coin is for it to be stable and not it being about how much it might be "worth".

Bitcoin is "worth" a lot right now but it is not stable from a trading point of view at all.
162  Bitcoin / Bitcoin Discussion / Re: What items, not readily available, would you like to see offered for Bitcoin? on: February 01, 2013, 06:56:53 PM
It would be nice if I could buy a preconfigured FPGA or ASIC box, already set up with p2pool. Just plug it into the AC and LAN (or USB?), open 192.168.x.x in a web browser, enter your address, and watch the coins trickle in.

I don't know much about computer hardware, but I've got "free" electricity and would like some anonymous bitcoins.
163  Bitcoin / Meetups / Re: Any Bitcoin Meetups in the Los Angeles or Orange County Areas? USA on: January 29, 2013, 08:26:34 PM
I live in downtown LA, and would be interested too.
164  Bitcoin / Legal / Re: I questioned the "Bitcoin dev team" (Andresen & Co.) on complying with AML laws. on: January 18, 2013, 09:08:43 PM
Hidden fees, tracking capabilities, confiscation capabilities, inflation capabilities, backdoors, etc.

Of course these would eventually be discovered; however, by then it would be too late. It would tear the currency to oblivion and small sects.

Inflation and confiscation would both be protocol changes, so it would takes months to implement. Don't you remember the shitstorm over P2SH, a feature that everyone agreed was important but only disagreed on technical details? No way are 51% of miners updating to a new patch overnight.

Client-based tricks might work on people who auto-update the Satoshi client straight from the dev team and always leave it running, but they're a minority of the total network. Personally I only use the Satoshi client for my long-term storage and rarely start it up. Even with my Satoshi client I don't update directly from github, but instead use the Ubuntu PPA.

I hate to admit it, but I'd probably inadvertantly read your condemnation of the new patch on this forum before I even ran it. So, ummm... thanks for being so loud?
165  Other / Off-topic / Re: [FAQ] Is BitCoin a Ponzi or pyramid scheme? (Newbie-Friendly) on: January 18, 2013, 03:25:32 PM
(Maybe I'm feeding a troll, but I've met no shortage of people like this in real life.)

I am ALWAYS ranting about whatever amazing new computer program strikes my fancy. Lately it's been p2p financial software, and all of a sudden I'm pushing a Ponzi scheme?

There's just no winning with you folks. If I don't hold bitcoins, then I'm a hypocrite who implicitly acknowledges bitcoin's massive risk. If I do hold them, then I'm a hoarder who exemplifies what's wrong with deflation.

I'll spend my bitcoins whenever and wherever I want, taking into account my long-term assessment of their worth. Until then, I'll continue to talk it up, just like Ripple, Open Transactions, Linux, adblock, Bittorrent, Tor, and everything else I think is cool. Please excuse how I relentlessly promote these eeeevil schemes. If anything, I'm doing you a favor by making your coins worth more and letting you buy the things you want before I get mine.

Everyone is happy to rant about what they think is wrong with the economy. But when I accept a financial risk in order to actually DO something about it, I become as bad as the bankers they revile. Apparently the only thing I'm allowed to do is stew for four years and then vote for a lesser evil. No thanks, I want something to actually change, even if it means pissing off people who feel qualified to tell me what I should want.

TL;DR: no.
166  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 12, 2013, 12:32:15 AM
obsessively pushing your fantasy pseudo politics.
Quote
What facts? Most everything you discuss is about hypothetical fantasy societies in the future.

Is it that hard to imagine there's no countries?
167  Bitcoin / Press / Re: 2013-01-10 slashdot.com - Online Gambling Site Bets On Bitcoin To Avoid U.S. Law on: January 11, 2013, 05:15:08 AM
"SomePgmr writes with a story about an online gambling site operating planning to use Bitcoin to sidestep U.S. regulations effectively banning online gambling"

http://slashdot.org/story/13/01/10/2147224/online-gambling-site-bets-on-bitcoin-to-avoid-us-laws

Why are there so many bitcoin haters on slashdot?  I don't understand.

Based on the comments, it's volatility and lack of adoption. Meaning they're still right if Bitcoin ever becomes widespread, since the problems they pointed out have been addressed.

Bear in mind that for all the armchair economists on Slashdot... they still use that insane groupthink-o-matic comment karma system.
168  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 10, 2013, 05:56:55 PM
So why don't more gun owners buy liability insurance right now? It seems like the rational thing to do. (I don't own any guns myself)

What makes you think they don't? Perhaps lots of people do.
I don't know any gun owners who do. Do any gun owners posting/lurking here have liability insurance? Are there any statistics on this?
169  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 10, 2013, 05:30:28 PM
Having thought for a couple days about the points raised here, I retract my "compulsory insurance" suggestion, and am leaning towards simple restitution.

1. It's not aggression to forego insurance, so I can't argue morality.
2. The people I want to stop wouldn't be stopped, so I can't argue efficiency/effectiveness.

So why don't more gun owners buy liability insurance right now? It seems like the rational thing to do. (I don't own any guns myself)
170  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 09, 2013, 07:01:17 PM
Is it aggression to sell a gun to someone who later uses that gun for aggression? If so, does this transfer all the way down - should iron miners be held accountable for selling to steel mills who sell to gun manufacturers who sell to gun dealers?
171  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 11:01:08 PM
What if I take the dollar value out of it? If I'm willing to die to save 100 people, does that also invalidate my opinion?

I apologize if this comes across as an ad hominem, but do you drive to work? To me that seems like much the same thing, but to a lesser extent; you're accepting several micromorts in exchange for money.

That changes everything.   In a moment of crisis, I too would sacrifice myself for 100 people.  I would not on the other hand, go to be slaughter in exchange for 100 people in a per-planned act.

I actually am fortunately close enough to my work where that I do not need to drive.  Why?
Because there is a risk associated with driving, so instead of going to a 100% certain slaughter, you'd be going to an x% certain slaughter. But if you are biking/walking then the exercise helps, so my hat's off to you. Way to be more consistent than I had cynically imagined!

But your unwillingness to die to save others (non-emergency) - no offense - sounds kinda selfish. What about you is so much more valuable than 100 other people? And when isn't it a crisis? People are dying right now.
172  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 09:21:33 PM
I'm sorry my good sir, but I seem to have missed something you consider to be important. Why shouldn't I be willing to sacrifice myself to save others? Is it suicide that bothers you - would it be different if I worked in a hazardous environment or went on a one-way research mission to Mars?

Yes, I have to say someone who would equate the value of their existence into money as someone I have serious issues if they are discussing public policy.   If that is your perspective on the value of something I feel is most precious, you may have other ideas that would have a core fundamental assumption that life does have a price and with that, make some choices easier.

What if I take the dollar value out of it? If I'm willing to die to save 100 people, does that also invalidate my opinion?

I apologize if this comes across as an ad hominem, but do you drive to work? To me that seems like much the same thing, but to a lesser extent; you're accepting several micromorts in exchange for money.
173  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 09:02:13 PM
Then maybe 10 million isn't the price of a life (yours, in this case).
Maybe not, I just made a rough estimate. As the offer goes up, the chances of my accepting it approach 100%. So for $100 billion I would almost certainly do it, and $5 million almost certainly not. If it's the number itself that bothers you, and not the fact that there IS a number, then don't worry too much about it - I haven't calculated anything or thought too hard about the value.

You're a discredited idiot to even entertain the offer.  How can we even seriously evaluate your opinion if you would even consider suicide for money.  
I'm sorry my good sir, but I seem to have missed something you consider to be important. Why shouldn't I be willing to sacrifice myself to save others? Is it suicide that bothers you - would it be different if I worked in a hazardous environment or went on a one-way research mission to Mars?
174  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 08:41:04 PM
What is the monetary dollar value of your life?  Mine is priceless and fuck you to anyone who wants to tell me otherwise.

As of this moment, I'd estimate about $10 million USD. That is to say, if my death would leave that much to my loved ones and favorite charities, their sadness would be outweighed by hundreds (maybe thousands) of lives saved. My wife would never work or go without health care again. There are things more important than me.

Do you drive to work? Do you sometimes go a long time without exercise, enough sleep, or a checkup with the doctor?

So if someone offered you 10 million, you'd do it? Off yourself, that is?

I'd like to say yes, but to be honest I'd think long and hard about that number if I got a serious offer.
175  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 08:36:21 PM
This liability insurance requirement would have to go all the way down the supply chain as well. I'd imagine this could work in the context of either a state or anarchy. Thoughts?

Well, "insurance requirement" wouldn't work too well in an anarchy, but requiring restitution and allowing insurance to pay it would, and have effectively the same result.

That's a very AnCap method of doing it.

How would AnCap deter jihadists from acquiring nukes? Or anyone else who would value the nuke more than their own lives? Restitution is capped at one's lifetime income.
176  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 08:23:01 PM
What is the monetary dollar value of your life?  Mine is priceless and fuck you to anyone who wants to tell me otherwise.

As of this moment, I'd estimate about $10 million USD. That is to say, if my death would leave that much to my loved ones and favorite charities, their sadness would be outweighed by hundreds (maybe thousands) of lives saved. My wife would never work or go without health care again. There are things more important than me.

Do you drive to work? Do you sometimes go a long time without exercise, enough sleep, or a checkup with the doctor?
177  Other / Politics & Society / Re: Gun freedom advocates - what weapons shouldn't be legally available? on: January 08, 2013, 07:41:29 PM
There's no such thing as a 100% safe anything, particularly nuclear bombs. However, not allowing anyone but large governments access seems unfair and dangerous. So I think keeping them from either no one or everyone is unreasonable, and a moderate solution is needed.

One good idea I saw before was to simply require full liability insurance for weapons. If your nuke goes off for whatever reason and kills innocents, you are required to pay restitution to their next of kin. That way we can buy mining nukes, but crazy idiots can't just collect them willy nilly. This policy would nicely scale down too, providing arms more cheaply to people who have taken a gun safety course. Regulations might reduce the risk of accident, but WHEN one happens without restitution it's still unjust.

This libility insurance requirement would have to go all the way down the supply chain as well. I'd imagine this could work in the context of either a state or anarchy. Thoughts?
178  Bitcoin / Bitcoin Discussion / Re: Impressive bitcoin one liners for non bitcoiners on: January 04, 2013, 08:39:40 PM
Bitcoins - PC crashed and you have lost everything. Yeah, come join us.
You can back up your wallet to protect against data loss.
https://bitcointalk.org/index.php?topic=17240.0
179  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to switch on litecoin. BITCOIN IS DEAD for normal miner on: December 20, 2012, 10:09:55 PM
Who made the rule that there is only room for ONE cryptocurrency? The market will decide that. There are lots of interesting ways for a lesser and greater cryptocurrency to complement one another.
...
There have been lots of people who have been turned off from BTC simply because LTC and other alt-coins exist.

"Why waste time on money on BTC if people could just jump over to the exact same thing with a different name and leave me broke? Sounds like a scam" Hence: scamcoin
Whoever says such things is a fool.
First of all, for better or worse Litcoin isn't going anywhere. Even if it becomes pointless due to GPU mining, some people will still run it for fun. Same goes for most other coins if they become obsolete.
Second, everyone could just sell Apple stock and buy Microsoft, leaving Apple investors broke. Except they do things differently, and each fills a niche. If you don't want to trade things devoid of intrinsic value that anyone can drop and only represent economic activity, don't trade stocks either. Stocks must be a scam.
180  Bitcoin / Development & Technical Discussion / Re: Proof of Proof - an alternative to proof of ___ systems on: December 18, 2012, 06:40:15 PM
One minor note: if/when the block reward is too low and we risk a tragedy of the commons, we can pay for work using assurance contracts.

[detailed example]
So let's say I run a business that saves money by using Bitcoin, or at least hold some Bitcoins. I want a higher difficulty. I can buy "insurance" that the difficulty will be over X, so I get paid if difficulty is low. Miners would be on the other side of these contracts, getting paid if difficulty is high. And bear in mind that we could use PPCoin, Litecoin, or whatever for these contracts in case you're worried that a 51%-induced Bitcoin collapse would make your payout worthless.
[/detailed example]
I suspect (but can't back up) that this:
* Could recover from a 51% attack and re-establish a chain
* Would be cheaper for users than present-day coinbase inflation

We've got some time to develop these secondary markets as the subsidy decreases. IMHO the Coasian provision of public goods is the next big thing for cryptocurrency; it doesn't stop at currency-related problems.
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