It would still lose without constraints due to fees and market volatility.
it would not lose to fees. you could say that the bot should only trade when price had moved a certain % So with a constraint? You mean like I said? yes yes. what ever, but its a very logical constraint, and obvious needed |
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How will SOPA effect the Namecoin system?
it will not, but maybe some senators will try and fail. Namecoin domains can be blocked or not?
can't be blocked, but new domains can be blocked if you own 51% of the hashing power. |
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It would still lose without constraints due to fees and market volatility.
it would not lose to fees. you could say that the bot should only trade when price had moved a certain % |
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Thanks for all your help, I managed to properly hash the Tx from the Genesis Block.
+1 |
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banks could say: if you don't proof that you are you, and that you live at x, and signs here, here, and here, then fuck you we are not gonna lent you our money
Lol, maybe you mean "prove" instead of proof.  Is that the only typo you caught? IM DOES NOT HAVING ANY TYPOS! |
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So I would hash the entire Tx as it would appear in a Bitcoin message. Okay, I`ll try that.
twice! |
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Is it still posible to turn a profit by mining? At the current prices?
yes in the long term. but the price is expected to go up up up. |
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i think bitcoin is deeply flawed, just like HTTP or SMTP, or any other internet protocol that was hacked together over night.
but all thiss scam currencies, are just alot worse... the only other cryptocurrencies that are good are: namecoin(reason: distributed dns service), litecoin(reason: cpu mining). anything else is just shit.
and it was the first, and that is that anyone is using, so...
BitCoin is a proof of concept that crypto-cash is possible without any form of central control. As a proof of concept it's a raging success and who knows we might even stick with it if nothing better turns up. the problem comes from proof of concept and De facto. at the same time. |
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There don't seem to be many people on this forum prepared to reason outside the Bitcoin paradigm. The request to "Just tell us how this differs from BitCoin clearly and in as few words as possible" illustrates the mindset you are most likely to encounter, many folks actually seem to want to treat the current Bitcoin framework as being a desirable end state.
That is an unreasonable assumption to make. The problem isn't that greencoin as described is misdesigned or offensive in it's differences to BitCoin, it's that greencoin isn't described or designed at all and on top of that it what little description of this that exists appears to be very badly translated. The only idea that seems to come out of the description is some form of central control, something abhorrent to the design to all P2P systems. i think bitcoin is deeply flawed, just like HTTP or SMTP, or any other internet protocol that was hacked together over night. but all thiss scam currencies, are just alot worse... the only other cryptocurrencies that are good are: namecoin(reason: distributed dns service), litecoin(reason: cpu mining). anything else is just shit. and it was the first, and that is that anyone is using, so... |
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new massive wall at 3.5 means?
I take it as a challenge That guy is doing everyone who wants to see bitcoin become an online currency a huge favor. Without that wall, if the exchange rate were to go over 3.40 the price could very quickly get out of control again, run up in another giant speculative bubble, and subsequently come violently crashing back down. While that'd be a wonderful turn of events for speculators it would deliver another trust-destroying blow to the prospects of bitcoin as a currency.  you sir are wrong, people would create more asks, and thereby creating a "wall". and the price would only spike, and not come up very high. also if the price rise, people would move their bid, and there by removing much of the bid-presure. |
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banks could say: if you don't proof that you are you, and that you live at x, and signs here, here, and here, then fuck you we are not gonna lent you our money
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it just a list of peers you have been connected to... delete it if it courses troubles
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Yes, I know how to create a Tx message, hash a block, I know of the ScriptSig RIPEMD use, and how to construct the Merkle Tree given the Tx hashes, but what I can't seem to find how does one create the hash used in the Merkle Tree. Do I process the entire Tx, or just parts of it (like in case of block hashes).
it deppends on what you need it for... if its for signing, it just some of it. but if its for locating the full transaction, you hash the whole transaction with alle the scripts included. |
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LOL bitcoin? money? are you mad? it just a bunch of geeks who *think* they know anything about economics.
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Being the biggest and top bitcoin Exchanger does not give you privilege to block whatever you likes, on the contrary, You should do your best to provide a better/faster/stabilize service for all your clients, contributes to bitcoin, always remember this !
Being the biggest and top bitcoin exchange does not give us the privilege to go against the law, either. We are trying our best to have bitcoin recognized legally in various parts of the world, and this can only happen by staying in line with the law. Now, the only case in which we block an account again after an ID has been submitted is when that ID comes back negative from the verification team. This could be either due to the fact the scan was of too low quality, or other reasons. In that case a police investigation is opened to allow a check against the actual ID database of the issuing country or state. This takes time (depending on the country) and submitting a notarized ID can help make things faster. Anyway posting on the forums without any way to identify you makes it difficult to know exactly what the case is. Nor does it give you the right to have shitty customer service and screw over customers like you have done to myself and several others....I will be happy to see the day that MGox is no longer in business let alone the top dog in the bitcoin exchange world..... please make this day come faster by using another exchange then mtgox. (see my sig) |
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Is Bitcoin an organization that can be donated to?
no, but you can still donate to the developers, code does not write it self. Do we want new users of bitcoin to think there is a central authority?
no, why should they do that? code does not write it self. |
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The reason BitCoin grows up everyday is freedom, anonymity, unlimited, Sorry, but Bitcoin is not anonymous nor "free" of regulation. Maybe you need to grow up and get out of your rebellious phase-- and start obeying your legitimate authorities (obedience is a virtue!). says the mildly insane pool operator catholic, who put prayers into the blockchain... Bitcoin maybe used to preserve anonymity, but MtGox operating as a bitcoin exchange still must follow their local laws to keep their doors open. I agree with that Luke is saying here. Also, the argument to discredit someone based on religious belief and how they run a mining pool he owns simply reflects poorly on yourself. And even though they may be the largest exchange available, that doesn't mean that they have unlimited resources to expedite things that naturally takes time. I've had my share of issues that took time to resolve with MtGox, but one thing for certain is that they've come through each time provided I do my part to help them do their job. I do think that they could provide a bit more personal and expedient service, but knowing they have a lot on their plate I can digress hoping it will improve over time. IRC is always an option if you need immediate answers. My best advice is learn to be patient when dealing with bitcoin businesses in general when things go wrong. Even the official client is still in beta for example. Everyone can agree that there is much room for improvement on almost all sides of bitcoin community, but things don't just happen overnight. MtGox is one of the few exchanges that have stood the test of time thus far and I personally consider them to be a great ally to bitcoin as they share the common interest of bitcoin being a success. They haven't given me any reason to doubt this yet. It's not to say that users shouldn't advocate transparency and come forward with any wrong doings of MtGox, but as long as they have legitimate reasons to comply with AML regulations and enforce them, you should exercise patience and try to work with them to speed up the process rather than complain. it was mostly a comment on "obedience is a virtue"... and mostly a joke |
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its likely to be because of the change addresses. go check upon them
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- Only one pool needed built in the system, and pool would operate distibuted (shared).
will not work on large scale - No premining – except above mentioned situation when coin change . Net should be public ly announced on the first day of previous month of launching, by replying on my post. This is valid also for a test-net start, but first day of 3rd month before sharp start.
sorry but smells like scam, to me. - Shouldn't be wasting (of resources) . When computers calculate only calculate valuable, even together.
don't know what this means... but bitcoin is not wasting resources. - The 'fortune' – who can calculate and control – can be produced in another way. E.g. P2P drawing, the winner can calculate and control. The fortune should be weighted. Who is loyal to the net and reliable (identified by key pair) can get higher part from the network.
so you are saying someone should have control over the network? - P2P conception is perfect... The pressure of pools are not. (in currently coin chain's...)
there are not pressure from the pools, what are you talking about? i don't understand most of you concerns... and not to be rude, but your english sucks more then mine, it is difficult to understand you. |
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