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161  Bitcoin / Bitcoin Discussion / Re: Welcome To The Blockchain (The Bitcoin Song) by Toby + Decap on: February 05, 2015, 03:32:09 AM
Can't beat that:

https://www.youtube.com/watch?v=YGGzinyB1TI
162  Bitcoin / Bitcoin Discussion / Re: What can ordinary men do to make Bitcoin grow? on: February 05, 2015, 12:48:06 AM
They run a full node.
163  Bitcoin / Bitcoin Discussion / Re: Ross Ulbricht Guilty of Everything on: February 05, 2015, 12:27:23 AM
I bet the jury still do not know what the F a Bitcoin is lolol
164  Bitcoin / Bitcoin Discussion / Re: Crypto laws? on: February 05, 2015, 12:03:00 AM
Just buy Monero. It will be real cash and a nightmare trying to legalize it.
At the same time, if we want a coin to be 100% mainstream success i think regularization is unavoidable.

Just buy ''insert shitcoin name''.
165  Bitcoin / Bitcoin Discussion / Re: A possible end to free banking - good for Bitcoin? on: February 04, 2015, 12:37:14 AM
So, not only we lend them our money for free so they can re-lend it and make a certain % of interest on our back but now we have to pay them ?

So we pay them for what service exactly? The service of making money for themselves out of our money ? geez thanks.

Makes sense. derp derp.
166  Bitcoin / Bitcoin Discussion / Re: ISIS and Bitcoin Again on: February 03, 2015, 02:16:51 AM
Might... might not.

One thing is for sure, Millions Worth of USD Is Utilized By ISIS

So you believe the news?

Nah there is no proof about the BTC use.
167  Bitcoin / Bitcoin Discussion / Re: ISIS and Bitcoin Again on: February 03, 2015, 02:10:31 AM
Might... might not.

One thing is for sure, Millions Worth of USD Is Utilized By ISIS
168  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 01, 2015, 03:41:49 AM
1k GB per year is a bigger problem than the 1MB vs 20MB thing imho or at the very least equivalent...

This is misinformation and you are confusing people.

That number isn't true as it assumes we will immediately be processing 84k transactions per block which isn't going to happen.
20GB is the future limit and not the size of most blocks in the future. We are only 600-700tpb at the moment
https://blockchain.info/charts/n-transactions-per-block which means we are typically 15-25% full blocks for 1MB blocks.... do you really expect this to shoot up to 100% full 20MB blocks overnight?.... it will take years to start getting close to those levels.

Additionally, you are completed ignoring the work that is being completed on merkle tree pruning.

P.S... You may ask yourself why bother if we aren't even fully utilizing 1MB blocks now ... the answer is that we are having more and more examples where the 1 MB block limit is preventing more transactions from confirming and this is only going to get worse with each passing day.

Analogy to think about --- Why do gamers look for gfx cards that can support incredibly high fps rendering their games avg's of 120fps when their monitors typically won't reflect more than 60 fps and they would be hard pressed to tell much of a difference between 30 to 60 fps with their naked eye? Answer- because avg fps doesn't matter but minimum fps matters and if you buy a gfx card that benchmarks 1080p @ 50fps , it may occasionally dip to 10-18fps during certain moments of the game and create major moments of lag.

Thanks for the infos.
169  Bitcoin / Bitcoin Discussion / Re: Do (some) early adopters see Satoshi as being God? on: February 01, 2015, 02:55:47 AM
I see this topic as being retarded.

170  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 01, 2015, 02:55:06 AM
The price of storage is exponentially getting cheaper

The rate of improvement in storage costs seems to have slowed down dramatically in the last decade or so:

http://www.mkomo.com/cost-per-gigabyte-update



That graph shows a pretty healthy decrease in price over the last decade. Not exponential, but linear as Gavin's projections have charted.

a 4TB hard drive costs less than 135usd today guys.... have you checked prices? I currently have over 10TB in my desktop alone, space is so cheap.

Additionally, the average user with a 500GB hard-drive in a laptop isn't going to be running a node regardless as they don't even know how to call up their ISP and open port 8333 to begin with . There are only between 6-7k active nodes and most are miners at the moment.

I agree we should increase this amount for better decentralization , but we can do so by buying 5 dollar vps's which have much better bandwidth in the first place so, thus are preferred nodes to be distributing.

1k GB per year is a bigger problem than the 1MB vs 20MB thing imho or at the very least equivalent...
171  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 01, 2015, 02:41:36 AM
Isnt the 1k GB per year blockchain size a HUGE issue here ?

The price of storage is exponentially getting cheaper and the 1K GB would be the theoretical maximum growth.... or not going to happen for at least a few more years.  Additionally, there are attempts to work on merkle tree pruning and other solutions to reduce blockchain bloat.

The reason this is important now is because their are some blocks that already are completly full at the 1MB limit. we don't want this to become the norm and have transaction fees skyrocket and confirmation times becoming 2-3 times longer.

No way regular people will buy 1-5TB drives only to run a full node out of good will. This is dreaming.
Less full nodes means a less secure network.

I don't know much about this specific problematic but put this way i'd rather have higher transaction fees than a substantially weaker network.
172  Bitcoin / Bitcoin Discussion / Re: McDonald’s might start accepting Bitcoin soon on: February 01, 2015, 02:32:20 AM

Lol so the new type of payment was.... LOVE ?

Lamest thing I've ever heard.
173  Bitcoin / Bitcoin Discussion / Re: McDonald’s might start accepting Bitcoin soon on: February 01, 2015, 02:28:59 AM
This would be awesome but let's face it, it wont happen.

Exactly what i was thinking.
174  Bitcoin / Bitcoin Discussion / Re: Bitcoin 20MB Fork on: February 01, 2015, 02:21:50 AM
Isnt the 1k GB per year blockchain size a HUGE issue here ?
175  Bitcoin / Bitcoin Discussion / Re: Winklevoss Twins Aim to Take Bitcoin Mainstream With a Regulated Exchange on: February 01, 2015, 01:40:51 AM
It's big talk so far. If Gemini is even half as good as they claim, it will be an absolute winner
Wait and see
Well its not that difficult to beat any of the exchanges we've seen so far, considering the biggest one was run by Magic the Gathering card traders.

lol
176  Bitcoin / Bitcoin Discussion / Re: Ross Ulbricht faces a potential life sentence starting tomorrow. on: January 29, 2015, 07:50:42 PM
The guy is so fucked its not even funny.

He's gone. Accept it.
177  Bitcoin / Bitcoin Discussion / Re: Regret and depression on: January 29, 2015, 06:25:37 PM
Don't spend your time regretting and spend it finding the next best thing, a lot of people don't think the early investor ship has sailed for Bitcoin yet!

Food for thought.
178  Bitcoin / Bitcoin Discussion / Re: Regret and depression on: January 29, 2015, 06:12:36 PM
Sure bro.

Want a cookie ?
179  Bitcoin / Bitcoin Discussion / Re: There really needs to be a MOVEMENT about recent Bitstamp hack! on: January 29, 2015, 06:11:04 PM
Ah yes. The "hack".

I made a dream last night.
In that dream exchange operators all over the web were taking BTC from their exchange and calling it a hack.
Everybody believed it. Life is good.

Then again that is just a "dream"
180  Economy / Service Discussion / Re: CoinBase - Not licensed on: January 29, 2015, 01:22:36 AM
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