Bitcoin Forum
May 25, 2024, 02:13:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 [81] 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 ... 212 »
1601  Other / Off-topic / Re: The happy BTC circular donation thread on: August 02, 2014, 03:35:02 PM
so if I understand correctly, we write why we think we should get the money and you decide who you're giving it to?

No, that is sort of the opposite of what is happening.
Its all been given already. 
Begging is forbidden in this thread.
What is happening now is that the initial recipients are posting who they are giving it to as a benefactor, or whether they are joining the happy recipients group.
If you didn't get awarded, you could lobby the current recipients outside this thread, but no begging here, its all in the OP.
1602  Other / Off-topic / Re: The happy BTC circular donation thread on: August 02, 2014, 03:17:40 PM
Wow.  So unexpected.  You start at the top of the benefactor list for this for certain, Risto.

I have projects hungry for funds, but I like this project of yours, of tipping and fun.  Its like all the good things of Dogecoin but without any of the baggage and using BTC Bitcoin instead.  Love it.

I'd like to have half my award go to Goat, mostly for inspiring the CryptoCrypt.org as the successor forum but for so much more that he has done to promote Bitcoin, and the Bitcoin society.  He doesn't need it, but that's not really the point, is it?  

The other half to cypherdoc, also doesn't need it, but such a stalwart supporter of Bitcoin, and I just like his sense of humor.  Always thought I'd do something for him if I got the opportunity, and so I have.  That is 500 mBTC for each of you.  Thank you for all that you have done and continue to do.

Thank you for selecting these outstanding community members as the recipients! I thought about both of them but cypher missed the initial recipient list by a close call, and Goat is permanently banned from this forum, which gives practical challenges. Perhaps we can forward his decision from CryptoCrypt and execute it here...

I hope you will enjoy your honorary duty of informing them both that they have become objects of your good fortune with the 1 week time limit  Wink

Goat was good enough to take some time from his travel schedule to reply that he will regift the 500mBTC to JVWVU.  The ball keeps rolling...
1603  Economy / Collectibles / Re: Bitcoin Specie Project sponsored by the makers of New Liberty Dollar on: August 02, 2014, 05:03:21 AM
These look dope and can't wait to buy some!

They are available from many retailers, and have been for quite a while.
1604  Economy / Collectibles / Re: Bitcoin Specie Project sponsored by the makers of New Liberty Dollar on: August 02, 2014, 04:52:47 AM
Aha, thanks for the clarification.  I guess I don't belive in the idea of "backing" bitcoin by silver when it's already backed by the mathematical scarcity of solutions to the hashing problem.  Anyway, the coins are still beautiful but now I understand that they aren't intended to be "silver wallets".
They indeed aren't meant to be used that way. I have two of them and I really really like them. They look and feel amazing.

They definitely look good.  But now I realize that it's really just a silver coin with a bitcoin commemeration on it.  That's also cool.  Just not what I was thinking of when I first saw the qr code/coin.

I think that given the QR which links to the current value in fiat on a web page, why not remove the 0.25BTC?  Especially since, as far as I can tell, that value is off by nearly an order of magnitude.

The coins are minted with their value denominated in BTC at the time of minting. Personally, I'm holding on to one .25 BTC silver specie as a collectible.

Oh, I see.  So the design on the OP is actually a little different depending on the time of minting.  Does the value stamped on the front get rounded to the nearest mBTC or something?

Lots of people have suggested not putting a value on the piece.  But we will likely always do that anyway.  There are many reasons for that.  There isn't network everywhere, and one of the benefits is not to need to have our gizmos out every time we want to make a small purchase.  This is especially true for Point-of-sale transactions where there may be a line of folks waiting.  It is for the quick, truly anonymous, point of sale transaction.

The value on the front is the nominal value, put there for historical reasons.  It is the designer's best guess from the year before as to what the average BTC / Ag value is averaged over the year.
If Bitcoin is around many years hence it will serve as a marker for what we were doing with Bitcoin 'way back when'.  That it raises the question of what BTC is worth in silver is (we thing) also a good thing, as that changes over time and highlights the merit of Bitcoin as a store of value.  The real-time value is the value that ought be used commercially as indicated by the QR code link to http://colhardca.sh/ag

All the pieces from a single year will have the same design.  There are however a good number of "special" pieces made in any given year for the folks that are collecting them, but they are really not meant as collectibles, but are made to be pocket change for Bitcoin currency.  
Like pocket change folks should be spending and circulating them rather than hanging on to them.  It is one of the many ways to address the issue of block chain bloat for small in-person transactions.
1605  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 02, 2014, 12:35:13 AM
By that measure Bitcoin is a pyramid scheme too. While civilization seems to be degrading along with the global financial system Bitcoin is just getting started. I think Bitcoin going to really inflate that civilization bubble Type 1 civilization here we come. Smiley

Pyramid Scheme:

1606  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 02, 2014, 12:31:10 AM
Part of me (the cynical part) thinks that people like Rickards and Shiff are just playing dumb. I would if I were them, there are several reasons to do so (not least that Schiff runs a business based around gold as money/value store).

Bitcoin is entirely unproven. It is immature.  It has barely been in the public eye for long enough to be seriously studied and reviewed.

Hmmm, the sort of people I would take seriously have already put Bitcoin through a great deal of study and provenance, ever had your wallet stolen? This is just like those that say things like "one day, Bitcoin will be a viable method for transferring money". When what they're really saying is "one day, I'll stop putting it off and use the damn thing". I've personally been using bitcoin for all of the purposes that it supposedly can't be considered for yet for several years now.

The software works.  The math works.  What remains is it being money wherever you might expect it to be money, and for less people looking at you funny when you want to give it to them for something they value.

Not so many people will refuse gold as payment, world wide.

Money is more than working software, money is in the minds of people, it is memory.
I agree with you that the review of Bitcoin is good enough for me, and I prefer bitcoin over any other payment type.  We are not most people, yet.

Even if, and after, BTC gains popular acceptance, it will take some history to pass by, decades, before it will be deemed a success.  The world is perverse.  The best things are not always the ones that win or even survive.  

I will never give up on Bitcoin.  I made a promise to someone that I refuse to let down.  I will keep that promise come what may, but I know better than to take success for granted.  There is a lot of hard work between here and there, and much stacked against us.
1607  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 02, 2014, 12:06:04 AM
Part of me (the cynical part) thinks that people like Rickards and Shiff are just playing dumb. I would if I were them, there are several reasons to do so (not least that Schiff runs a business based around gold as money/value store).

Bitcoin is entirely unproven. It is immature.  It has barely been in the public eye for long enough to be seriously studied and reviewed.

WE are the crazy ones.  Gold is over 4000 years as money and has mountains of evidence as being the "gold standard" for money.  Being the crazy ones, we have the opportunity to change the world.  It is up to us to convince them since they are the experts and have spent a lifetime getting to the point where the whole world knows them and values their opinion.

One by one, they will see it.  Can't expect more than that.

And be grateful for the time it takes for them to 'get it'.  That fact is why you have as many coins as you have.
If they are accumulating BTC and not talking about it until they do, that is another matter.  Though I doubt its the case for Rickards at least.  He seems very willing to say unpopular things to people that will be unhappy about it.
1608  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: August 01, 2014, 10:47:11 PM
for someone who claims to understand financial game theory as well as anyone, Rickards fails miserably when he says the Bitcoin "community" can just get together and back Bitcoin with gold. he sees "that" as a good idea.  such failure in the understanding of the game theory behind voluntary open source software participation.  we're all here because the supply is fixed and not backed by gold.  any fork that deviates from that will get ignored and fail miserably.  there's no "getting together".

it was a deeply failed "debate".  both those old dudes didn't want to get into a real debate as they've been on the same wavelength for so long that they didn't want to step on each others toes so they lamely met in the middle of Bitcoin and gold being complementary.  having said that, at least Rickards isn't as openly hostile towards Bitcoin as he's been in the past and we now have Turk openly supporting Bitcoin.  that's progress.

What's worse, is that we already do.
Back it with Gold, with our time, with silver, with whatever we are willing to part with for some bitcoin.

All your bitcoin are redeemable for gold and silver and whatever else you might like to spend them on.  
About a year ago, I offered to back all of bitcoin with silver at 4 ounces of Bitcoin Specie to a bitcoin, which was about the price at the time.  Some folks took me up on it and there is a lot of Bitcoin Specie out there as a result.

Neither Turk nor Rickards are stupid, but havn't studied Bitcoin enough to really get it yet.  They are however professional experts, so they get the spotlight.
1609  Other / Off-topic / Re: The happy BTC circular donation thread on: August 01, 2014, 10:41:13 PM
Wow.  So unexpected.  You start at the top of the benefactor list for this for certain, Risto.

I have projects hungry for funds, but I like this project of yours, of tipping and fun.  Its like all the good things of Dogecoin but without any of the baggage and using BTC Bitcoin instead.  Love it.

I'd like to have half my award go to Goat, mostly for inspiring the CryptoCrypt.org as the successor forum but for so much more that he has done to promote Bitcoin, and the Bitcoin society.  He doesn't need it, but that's not really the point, is it?  

The other half to cypherdoc, also doesn't need it, but such a stalwart supporter of Bitcoin, and I just like his sense of humor.  Always thought I'd do something for him if I got the opportunity, and so I have.  That is 500 mBTC for each of you.  Thank you for all that you have done and continue to do.
1610  Economy / Economics / Re: The Export-Import Bank on: July 30, 2014, 10:24:27 AM
So is the Export-Import Bank corporate welfare or a jobs program?

How would one distinguish between these?  Aren't jobs programs a type of corporate welfare?
1611  Other / Politics & Society / Re: Who is More Evil? on: July 30, 2014, 10:19:29 AM
Nation states are evil in proportion to their power.

Nation states limit their power with checks and balances in proportion to their wisdom,
but these erode, and the reasons are forgotten in the face of "crisis".
1612  Alternate cryptocurrencies / Altcoin Discussion / Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Updated on: July 30, 2014, 10:07:52 AM
An end note from a reformed former political junkie: if you can sell Monero to big corporations on that basis, you will have influential "friends in court" to fend off any Drug-War-style crackdown on anonymous currencies by TPTB. Of course, that means you gotta schmooze them - perhaps through hitting it off with their kids...
Its easier than you might think.  They want it already and are just waiting for the solution.
Multinational Corporations have come to me looking to answer this problem.  Some are already doing it.  
Monero is still too immature, not enough liquidity yet, and the MNC decision cycles are not short, but if CryptoNote continues on the current path, it is the best contender yet for new entrants from that constituency.

Most likely it's easier than I think because I'm stuck in my parents' basement.  Cheesy

But thanks for your dispatch from the outside world: we need more of them. There's so much 'FckBks' lingo around here, and so easy to get sucked into it, we-all need first-person heads-up reports like yours from time to time. Again, thanks for it.

If you don't mind me asking, how did you get around the PR-unfriendly cloud that's hanging over Bitcoin right now?

There's no getting around the PR-cloud.  That's part of why the users of the first CryptoNote coin kept it quiet.
The MNCs have departments that do exploratory work with disruptive technologies.  Monero is still too immature for use, and likely will be for a good while yet, but the questions are being asked.

When disruption occurs, they all want to be on the side of the disruption that wins. 

The banks are a different story though, many are under the thumb of a central bank that is not fond of decentralization, only talked to a couple of those and the people in the disruptive research group are not optimistic about and real involvement, but most multinationals aren't banks.  Manufacturing, shipping, communication, distribution companies, franchises.

There were a couple banks that have made appearances at Bitcoin events for exploratory research purposes.  The 500startups bitcoin gathering in SF a few months back had a few from UK even.
1613  Other / Politics & Society / Re: Anyone following the ebola outbreak? on: July 30, 2014, 09:50:43 AM
God forbid the virus mutates to become airborne.

Captain Trips and The Stand anyone?

While possible, that is not the worst thing.

Go forbid it develops a longer incubation period - you would lose all containment.

Was the airborne Marburg strain ever verified?

The worst thing (IMHO) would be the weaponized form.
1614  Alternate cryptocurrencies / Altcoin Discussion / Re: Babies cry FUD.. what next gonna call me a Troll now too ? on: July 29, 2014, 11:34:28 PM
Monero is just the P&D of the week/month (not sure yet.)

A few things concerned me about how the transactions are mixed.

So A sends money to C, but it used ABC & D to send to C.  Seems like a good way for B & D to get in the middle of some shit they really don't want to be involved with... right? (or at least along those lines)

It would be horribly embarrassing for the FBI to come talk to you/family/friends about a kiddie porn payment when you were just holding a crypto-note.

That's not how ring signatures work.

In order for the FBI to come talk to the other parties in the ring group, they would need to completely compromise all parties. This is, of course, unlikely to the point of being impossible.

An analogy is like you being at a coffee shop using the wifi, along with a bunch of other people. Someone in the group does something illegal, and the FBI find out about it. They know there was a group of people, and that it was one of the group, and that's it. They have no video camera footage they can use to identify the participants, just the knowledge of the number of participants.

I'll try to find the image that was presented to me with arrows and I'll edit this post to respond to you.

Edit:



What if two of the individuals are involved and paying each other for kiddie porn... wouldn't the FBI just say fuck all this mixing noise and just talk to everyone?

Do the people on that list know that they are involved with each other or is it just the system?

its so obvious, buy only when its pointed out to you.
thanks

You don't know the others in the ring, and they don't know you.  But yes, if Law Enforcement can ID the ring members, they can talk to them all if they care to do so.

What's worse, is that if this is only used for criminal enterprises, all could be charged via the RICO act even if they are doing nothing illegal themselves and just transferring coins from one of their wallets to another.

If it isn't marketed at minimum for the legit purposes I mentioned above, CryptoNote is DOA as far as being the next gen coin type goes.
1615  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 29, 2014, 02:39:48 PM

How much knowledge and exposure will it take for people to see?  Or will the result be that people will say "oh, that's why we have it so good now, its because they are in control"?

It is possible to phase out central banking without too many practical difficulties.  Its an asset/debt sale, and ceasing open market operations.

The downside is that most of the private banks are now bigger than what central banks once were.  The increased regs seemed designed to insure that the too-big-to-fail ones became bigger, which is what has happened.
1616  Alternate cryptocurrencies / Altcoin Discussion / Re: Babies cry FUD.. what next gonna call me a Troll now too ? on: July 29, 2014, 06:57:41 AM
Monero is just the P&D of the week/month (not sure yet.)

A few things concerned me about how the transactions are mixed.

So A sends money to C, but it used ABC & D to send to C.  Seems like a good way for B & D to get in the middle of some shit they really don't want to be involved with... right? (or at least along those lines)

It would be horribly embarrassing for the FBI to come talk to you/family/friends about a kiddie porn payment when you were just holding a crypto-note.

That's not how ring signatures work.

In order for the FBI to come talk to the other parties in the ring group, they would need to completely compromise all parties. This is, of course, unlikely to the point of being impossible.

An analogy is like you being at a coffee shop using the wifi, along with a bunch of other people. Someone in the group does something illegal, and the FBI find out about it. They know there was a group of people, and that it was one of the group, and that's it. They have no video camera footage they can use to identify the participants, just the knowledge of the number of participants.

That's not really how the FBI work either.  They can talk to anyone they like.  What people say in return is more the point of what matters.  Americans tend to be pretty authoritarian, with some exceptions for folks who assert their rights:
http://www.youtube.com/watch?v=6_3dDNPwJTU

But even more importantly, the ring signatures make it hard for your competitors to figure out what business you are doing even if they own the bank you are required to use in that region.
1617  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | RC4 Testing on: July 27, 2014, 06:22:19 PM
I have nothing to hide.
I have much to protect.
1618  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2014, 05:04:47 PM
The quiet before the storm...
1619  Alternate cryptocurrencies / Altcoin Discussion / Re: Operation Shitcoin Cleanout and Clean Up Has Begun- Join the Revolution- Updated on: July 27, 2014, 04:50:17 PM
Good criticism is necessary to advancement.
Without FUD, we'd have none of any Crypto Currency

It was the Fear, Uncertainty and Doubt that the Central Banks have all our best interests in mind all the time (this is of course what we are told in our government accredited schooling), that FUD gave us what we are discussing.

There are some excellent problem identifiers, and excellent problem fixers here, usually not the same person.  When you get someone who is both, they tend to be very very busy.
Thank you to BCX for the attention devoted to the issues.
1620  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 26, 2014, 09:46:30 PM
Obama is a joke:

If Nero fiddled while Rome burned, then Obama is dining out, golfing, and raising money while the world collapses.

http://www.telegraph.co.uk/news/worldnews/barackobama/10992654/Barack-Obama-has-already-checked-out-of-his-job.html

Haha, granted, Obama isn't perfect. But do you really think that he is such a bad president or neglecting everything, rather than that newspapers write dramatic stuff just to sell more copies?

Good point. If only they all would "do nothing" and leave us alone. Smiley


Hahah, yes. Funny: If you ask people whether they like 'Obama Care' they deny it and when you then explain the 'Affordable Care Act' they are all in favor and say it's a good thing. The look on their faces is priceless when you then proceed to tell them it's the same very thing! HAhaha!

Placing governments in charge of when people die always struck me as a bit ironic, considering they are also responsible for paying out the survivor benefits via social security.
Pages: « 1 ... 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 [81] 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 ... 212 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!