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1601  Economy / Speculation / Re: Nagle's Favorite Chart on: December 16, 2011, 08:46:29 PM
What he's thinking is "I am right, it will eventually crash again, and I can post a /I told you so/ later".
1602  Economy / Services / Re: Bitcoin Counseling? Is This Highly Unethical? on: December 16, 2011, 03:41:37 AM
I would say it depends on if you are able to count your hours or not.  Presumably they have to be verified.

Also, without expressing an opinion on your abilities, you could let people pay on the basis of if you are any good or not.  If it's in BTC, yen, USD or peso, you can convert those into a steak dinner if you needed.

I have no problem with not being paid if they don't think they got anything out of it.


That's a good attitude.  Hope it goes well for you then.
1603  Other / Beginners & Help / Re: Newbie Experience with MtGox on: December 16, 2011, 03:22:43 AM
US$1k isn't a lot to have sitting in an account, but it is enough to be annoying to have stolen.  Trying to play with $50 or 10 BTC is tiny, especially if you are moving things between exchanges and it takes an age for that to happen at times.

Yes, yubikeys and the like help, but having an exchange with some responsibility to users against negligence would also be an improvement.  I've struck several exchanges that didn't want to help when their systems were at fault, and I've been lucky to escape them before losing too much money (BitPLN and Bitcoin7). 

Also, bear in mind Mt.Gox is about 85% of the exchange market and assess if you think they are over-represented in the problems that keep recurring.  When I trade their I work on the belief that I might not get my money out.  I can't make a positive accusation, but they are not my #1 preferred place to transfer anything of value.
1604  Economy / Services / Re: Bitcoin Counseling? Is This Highly Unethical? on: December 16, 2011, 03:14:47 AM
I would say it depends on if you are able to count your hours or not.  Presumably they have to be verified.

Also, without expressing an opinion on your abilities, you could let people pay on the basis of if you are any good or not.  If it's in BTC, yen, USD or peso, you can convert those into a steak dinner if you needed.
1605  Bitcoin / Bitcoin Discussion / Re: Real names on: December 16, 2011, 12:53:07 AM
Your point is valid, and it also depends on the person and what they are comfortable with.  Still, you don't necessarily have to be known by name to get into trouble - random people on the street can cause that easily enough.

As a weird update, someone was randomly attacked here last week on the street - a couple of teenagers beat on a journo who was on the way home from work.  He died as a result.
1606  Economy / Speculation / Re: 4 is the magic number, the magic number is 4 :) on: December 15, 2011, 10:49:30 PM
4 is the smallest number that's surrounded directly by 2 prime numbers.

oh oh, rather than spelling, number time:  Being pedantic, the two smallest primes are 2 and 3 so any number between them would work (for example 2.2 is a number surrounded directly by two primes, and is smaller than 4).

why couldn't we just have prices stabilise between e and pi  (lack of capitals deliberate)
1607  Bitcoin / Bitcoin Discussion / Re: 128-bit Quantum Computer Commercially Available - Qubitcoin coming soon? on: December 15, 2011, 07:21:57 PM
Also interesting from this corner.  DWave ran a distributed computing project for a long time called Aqua.  It was suspended earlier this year because they had the results they needed in progressing commercialisation of what they were looking at.  I'll wait and see if it really has advantages over conventional linear or parallel computing.

A significant portion of that work was done by members of the Zeitgeist Movement team.

Yes, 1.4B credits Smiley

I contributed 1M credits to the #3 team there before it shut down.  I liked the screensaver, but it slowed the computations down a lot.
1608  Bitcoin / Bitcoin Discussion / Re: 128-bit Quantum Computer Commercially Available - Qubitcoin coming soon? on: December 15, 2011, 02:54:22 AM
Also interesting from this corner.  DWave ran a distributed computing project for a long time called Aqua.  It was suspended earlier this year because they had the results they needed in progressing commercialisation of what they were looking at.  I'll wait and see if it really has advantages over conventional linear or parallel computing.
1609  Economy / Trading Discussion / Re: MtGox Troubles on: December 13, 2011, 08:10:42 PM
I foolishly put 500 coins through Mt.Gox and withdrew the $1250 over two ago (26th November) knowing their Liberty Reserve transactions were slow and their web says it might take a maximum of two weeks.  Having waited the indicated two weeks I get this support reply:

Mt.Gox Support, Dec-12 09:59 (JST):
Hello Patrick,
Unfortunately, we regret to inform you that we have no expected date for when Liberty Reserve withdrawals will be processed yet. We are working to add more funds to our Liberty Reserve account and will notify you once this has been done.

Funds have now arrived.  Not sure if it was result of the ticket, having a whinge here or just the time they got LR funds.
1610  Economy / Trading Discussion / Re: MtGox Troubles on: December 12, 2011, 04:12:38 AM
I foolishly put 500 coins through Mt.Gox and withdrew the $1250 over two ago (26th November) knowing their Liberty Reserve transactions were slow and their web says it might take a maximum of two weeks.  Having waited the indicated two weeks I get this support reply:

Mt.Gox Support, Dec-12 09:59 (JST):
Hello Patrick,
Unfortunately, we regret to inform you that we have no expected date for when Liberty Reserve withdrawals will be processed yet. We are working to add more funds to our Liberty Reserve account and will notify you once this has been done.
1611  Other / Beginners & Help / Re: Diary of a Bitcoin Virgin on: December 09, 2011, 07:57:14 PM
Actually, it looks very sensible.  You are researching and learning what this early adopter currency is like and doing it eyes open.

Working with exchanges or mining are add-ons, but getting coins initially can be tricky.

You would be much more annoyed to drop $100 or $1000 into it and find it was an elaborate scam.
1612  Other / Off-topic / Re: Paypal exchange rates on: December 08, 2011, 08:08:11 PM
I'm fortunate my local banks have a 5-6% exchange spread.  Australia major banks are 10% and I've seen airport (Travelex) running 30% spreads on AUD/USD.

If you're losing less than 5%, you can gripe, but it's not the worst.  (Tried it on your credit card lately?)
1613  Other / Off-topic / Re: Successful Test of Cold Fusion Device - Customer (DARPA?) pays 2 million$. on: December 08, 2011, 08:06:09 PM
I'm following this (and have been for a year or two) because it would invoke a big paradigm shift in electricity generation and transmission (part of my day job).  What is interesting is that there is a large body of scientific work out there that appears to produce excess heat, but the mechanics (physics/chemistry) of it are not understood, so it does not get credit.  There are some parameters that need to be brought together precisely, and that's hard to do.  The other invention sometimes quoted is the incandescent light bulb - I understand Edison took 9000 experiments to get something unexpected to work, and that it was very much left-field and almost bankrupted him in the process.

So, back to watching Rossi and the Greek outfit compete, along with NASA boffins, DoE and others.
1614  Alternate cryptocurrencies / Altcoin Discussion / Re: Demoted&Banned for speaking "bad" about Solidcoin on: December 05, 2011, 07:32:08 PM
Ah, more morning entertainment.  Smiley

I was idly ruminating that for an anarchist (Solidcoin was promoted as being anti bank among others), and having total centralized control reinforce the schizophrenia of this little alt-coin.  (and I apologize for hurting the feelings of those that actually do have schizophrenia.)

It's worth repeating that trusted nodes need people with real money and effort at risk to secure the system.  So the initial nodes were created out of thin air placing a value on trusted nodes of approximately zero.  Not quite the logic that would really give a serious user confidence.

Decl of interest - approx 70 SC 1.0 somewhere on the original client.  Not enough to buy a decent beer (but maybe enough for a San Miguel if I was in Manila).
1615  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 100% Attacked ? on: December 04, 2011, 08:05:17 PM
I suspect this is a poorly crafted joke where "dim programmer" is supposed to be CoinHunter.  That appears to be a simple fit to the OP.
1616  Alternate cryptocurrencies / Altcoin Discussion / Re: Demoted&Banned for speaking "bad" about Solidcoin on: December 04, 2011, 12:12:42 AM
Apparantley I have been demoted as moderator, and basically banned from the Solidcoin forum.
This is for speaking "bad" about RS.
http://solidcointalk.org/topic/482-solidcointalk-mod-bashing-rs-at-bitcoin-forum/


Catching up.  FlipPro - When I saw the title my opinion was one of sympathy because you put a lot of effort into something, and it didn't turn out particularly well.  Yes you've argued a case and been bashed in the forums for it, but the mix of opinions and views makes the debate interesting and/or entertaining.

SC's posts in reply don't add anything to the solidcoin cause.
1617  Bitcoin / Mining / Re: What's generally considered the best pool to join? on: December 01, 2011, 07:59:40 PM
Hi Meni,  I do agree hopping would be more of a problem in smaller pools, but I haven't been watching the big pools to see if they have suffered the short term hop-swings.  Comes back to reward systems and consistency of hash rates.  Anyway, I'm lazy with my set up and doing something else with the GPUs so was never too interested in optimising every last bit cent.  A card failure would wipe that out quickly enough.

Smiley
1618  Other / Politics & Society / Re: Count down to Iran invasion on: December 01, 2011, 07:51:57 PM
We should take away his passport and make sure he never leaves the USA.

I don't even know how I know this, but he's Canadian.

Makes me happy to not know that, or care.  Still, the US is a good dumping ground.  They have a show "America's got talent?" answer = no
1619  Bitcoin / Mining / Re: What's generally considered the best pool to join? on: December 01, 2011, 12:19:46 AM
So then are we all in agreement that for proportional that Deepbit is the best pool?

No, that conclusion has not been reached, and is unlikely to be reached.  I also didn't think I needed to spell out the 10% vs 3% for the pps vs prop.
1620  Other / Politics & Society / Re: Count down to Iran invasion on: November 30, 2011, 10:08:45 PM
I forgot to ask, could we send Justin Bieber there?  Solve a few problems all at once.

Would that not be a crime against humanity?  Or do Iranian mullahs count as "enemy combatants?"

Yes, you are right.  We should take away his passport and make sure he never leaves the USA.  (damn good thing I'm not in the USA then)  Really, as long as he's not near where I am, that helps. 
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