That would suck a lot compared to buying bitcoins since the difficulty increase is going to eat up a lot or all of the gains.

You've played far less than you think since getting 10000 krill. Besides that, it is impossible to earn the amount of rakeback you are demanding in the amount of hands it takes to earn 7000 krill. If you only played 4 handed hands at the highest stakes (which is nothing like your actual play) the most rake you could pay is 700 * 25 = 17500. Two percent of that is 350. Your amount is much lower because you played in games that get you krill faster per rake paid and because some of that krill came without actually playing from the bonus that was paid in June.

Many many times I have given chips for free to new players, players returning after a break (including you), and players who are confused or inconvenienced because of something on the site. That's all at my discretion and I'm giving you nothing extra now or ever again.

I will pay your 19 chips manually if you like since it is below the threshold for withdrawals. Post an address here if you like.

Ah ok.

Like I said I do think there is an element of it that will have an effect only after the drop. And different traders theories will cause them to make extreme moves at various times shortly before and after the drop, but I think the only periods with -real- (in some sense) effects are Always and After The Drop.

Naw, he got Gavin to agree to take the lead before he left. I mean it is possible that he knew he was dying or something, but it's clear that he didn't just get hit by a bus one day.

My point is just that no one knows when the pressure of the decreasing reward will have it's effect. It's been known about since the very beginning and in fact the decreasing reward (synonymous with limited number ever issued) is a main reason why anyone holds coins so to a large extent it is baked in since the beginning. If there are many 'unthinking' users who just buy what they need before they go shopping then we'll see a change because of them after the reward halves because they'll just keep buying the same dollar amount into a more limited supply.

So I can't really tell anything useful. I'm just saying that the two sort of effects are 1. Since the beginning. 2. Starting at the halving. And I've seen no reason to specially consider some arbitrary period in the middle.

I responded to you within 3 hours of your first email, paid the very small amount owed and explained why you are confused about how much you are owed.

The main confusion is that we doubled old players krill in early June to apologize for the time that the krill  system was broken and to thank them for sticking around for so long.

Since his krill doubled without any play and he didn't realize it he is assuming he's been earning 2% for a very long time, but that is not the case.

How long have you been here? We've done a lot more than double during the 50BTC reward period.

That's interesting. I wonder why there aren't more sites that only go one way? Seems like that would let people have less regulatory headache like you say.

Last time this came up my advice was to change the rules slightly (maybe even have a bunch of variants to choose from) so that out-of-the-box computers can't play. That would raise the bar greatly and I don't think it would be a problem until you had some success and resources to combat the programmers making special bots to play.

Or you could totally embrace it, call it cyborgpoker.com or something and make all the best programs available on the site etc.

Neither would I.

Wut?

Many ISPs think Bitcoin is important enough to set up systems for its defense, but they aren't interested in actually turning them on now? They are going to wait until attack or high difficulty? Besides being made up from no evidence it doesn't even make sense.

Oh, I didn't realize you were handling USD. Doesn't that make it a lot harder and riskier for you?

Do you think you can handle USD better than the current exchanges? Why?

This seems contradictory. If all funds are held in escrow then they are force ably equal. It's just like a USD/BTC market, commodity on both sides.

@OP, yes, I'd play. It's a good idea I hope you follow through with it.

Right now a government could run an on going 51% attack without much trouble. I don't think we're completely out of the woods on this until the value of a days blocks is well over a million 2012 bucks.

I don't think interest waning to near nothingness is even a remote possibility at this point, but I guess that is a scenario.

My understanding is that mainstream crypto has never broken suddenly, there is always time to switch. But it isn't completely impossible I guess.

This should do it.

http://www.youtube.com/watch?v=BpKda4Tj4H8

That sentence was hard to understand. He means back up wallet.dat because wallet.dat has your private keys in it. If it is safely backed up nothing can go wrong (as long as no one gets a copy of it).

Heh, I'm not sure what the problem is either.

No way does every SR trade hit Gox twice. Lots of miners are going to just buy directly, lots of sellers are going to save in BTC, some will spend revenue back at SR as mentioned. Then you've got the fact that other exchanges make up about 20% of formal volume and the fact the SR users are going to tend more heavily away from Gox and will sell OTC if possible. I'd be very surprised if 1/2 of SR volume ended up on Gox, def not 2x.

I was not imagining the minor blocks as forming a chain. They'd all just be orphaned/ignored eventually but in the moment you can say to yourself, "Ok, 3 out of 4 minor blocks included the tx I'm interested in and none of them included a different one using the same input, sounds good to me."

The missing piece to me is why should miners broadcast these minor blocks?

Thus they should be able to show that they still have the 10000BTC.