In fact, if the ASIC miners are smart, they bring their hardware online right after a difficulty adjustment.
Better to let them sit a while and get nothing during the first period they are available? Did you do the math on that?
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isn't it possible to merge mine the balance chain just like many pools do with namecoin? that way there is not need to give any reward to miners. just include it in bitcoind as a "protocol requirement" for mining.
Yup. The second chain doesn't need incentive due merged mining, unless it's particularly resource-consuming. If the software is already written, and integrates into bitcoind or other mining software transparently, and doesn't impact mining performance, then miners would [likely] have no complaints about adopting it given the huge upside it offers. It's basically free, from their perspective. Though I don't agree it would be a "protocol requirement." Miners have various reasons for doing what they do. And this is being promoted as non-disruptive and optional. But you don't need more than, probably 20% of mining power to engage this idea for it to be successful. I'm not even sure what a 51% attack would look like on the alt-chain, but it wouldn't be very exciting -- the worst you could do is prevent some lite-nodes being able to verify their own balance -- but there would be no financial gain for it, and it would cost a fortune. 20% seems like a number high enough that there would always be a "checkpoint" nearby, and high enough that it would be vastly too expensive for a prankster to do anything to that chain. Thanks, that makes sense.
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What about the guy who was serial killing homeless people? What about whole areas in poverty?
What? How did that happen? Where was the government? edit: did the victims at least get the protection money back?
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No. People do not want to run their own bank. They want banks to be banks.
It's ok, then we should let them know somehow that by using official client they will be attempting to run the Bitcoin Bank node! Currently they might think it's something small and simple like maybe a BitTorrent client. It is not! I still think using the term bank in any form will just confuse people. Remember, we're talking about people who most likely don't know zilch about economics, banking, or bitcoin. And they probably won't really care to know (they're busy people). The term bank makes people think of large, complex, and expensive institutions. Wallet is something they hold onto that stores their money. Wallet is very easy to understand and personable. Yes, and most people will use a 'wallet' currently known as a light node and stop using 'banks'. It just lets them know they are getting into more than they might want.
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Does the bitcoin client accept deposits, and give out loans?
It doesn't seem like a bank.
It enables you to do those things with funds you provide. Just like a building downtown and 20 employees can accept deposits and give out loans. I think 'bank' is closer than 'wallet' but still not perfect.
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I'm talking about "true libertarianism" in which even the NAP is rescinded. You are truly free to do whatever you want. Rescinding laws until you're left with only the NAP is arbitrary. Give me a good logical argument why libertarians insist on maintaining a NAP, and yet insist on rescinding lots of other laws. Or, alternatively, why libertarians insist on creating the NAP, yet refuse to create other laws.
Of course, people would still have the right to defend themselves; foolish is the bandit who attacks the rich martial arts expert travelling dark lonely streets without bodyguards and foolish is the thief who steals a ferrari with the remotely activated defense systems, and so on.
Maybe some suggest the NAP should be a law, but I just use it as a way to live and a way to determine who I want to avoid. And my (current) chosen way to live allows me to chose whether to defend or not. I don't have an obligation. Regarding property, I consider things mine to the extent that I can defend them. I don't buy property (houses, land) because I don't think I can defend it well enough (own it well enough) to be worth the cost.
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Why would people mine this other chain?
If it has lower hashing power is everyone trusting it more susceptible to double spends somehow?
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The Sunday 60BTC guarantee is in less than an hour!
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One thing that was not obvious for me was how to withdraw: after I've won I wanted to stop playing and withdraw my bitcoins. I clicked on the withdraw link at the bottom of the page and there my bitcoins were shown under "Total balance" and "In-game balance", but not under "Available for withdrawal."
It took me a little bit to figure out I had to go back to the table and click there on leave.
Yeah, this flow has always bugged be somewhat too. I am thinking of allowing users to leave tables from the withdrawal page which would hopefully alleviate this. Thanks for the heads-up - I'll prioritize this change! Leave is disabled during a hand though so maybe you should just put the amount on the table and a link back to the table. Or I suppose check to see if a hand is in progress and make it a "back to table" button if so and a "leave table" button otherwise.
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I think the rss feed is alot more important than that, plus if you implement freemoney's feature, do it so only the broadcaster can see it. Cause one thing I hate on the site is when you donate and people just keep asking you to donate. It is annoying and somes I don't even donate cause of the freeloaders keep begging. Especially if your the only one donating.
It is totally optional on the part of the sender to say into chat "+1.1" before sending the 1.1. I got that part but sometimes I want to tell the broadcaster and not the whole room, and this could be a way to solve that Oh sorry, I get it. I thought you just didn't want people to know. That makes sense, maybe "++1.1" for broadcaster only or something.
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I think the rss feed is alot more important than that, plus if you implement freemoney's feature, do it so only the broadcaster can see it. Cause one thing I hate on the site is when you donate and people just keep asking you to donate. It is annoying and somes I don't even donate cause of the freeloaders keep begging. Especially if your the only one donating.
It is totally optional on the part of the sender to say into chat "+1.1" before sending the 1.1.
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Do you know when they'll actually be in the store? Should I look now?
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Site down???
I don't think it went down at all. Is it working for you know?
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Look at the mtgox price now it's up to $6.50 usd per bitcoin! What's the explanation for the sudden increase in price?
more people buying than selling its sorta how a free market works ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Not really. One person could buy as much as everyone combined sells and the effect on price would be the same. And buying and selling are always equal in terms of amount sold. The price went up because people value it more (with respect to supply), that's how a free market works.
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I found an internal server error.
Open the game in two windows, buyin in both of them, leave in one, make a bet in the remaining one.
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Ah, I missed that, but it is a reasonable place.
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Currently the only way to bring more to the table is to click "leave". Something like an "Add chips" button, maybe even just renaming it?
"Leave" doesn't seem right at all the more I think about it. When you click it it welcomes you, which is odd for a leave button. And it's normal function is for adding chips.
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Blackjack is a funny game, and seems to have very high variance. Winning or losing streaks can last for long periods of time, even though the shuffles are random.
I just had 3 blackjacks in a row at Strike Sapphire: Hand # LS2-207083 dooglus wins $0.25 AD,JD
Hand # LS2-207084 dooglus wins $0.25 JS,AC
Hand # LS2-207085 dooglus wins $0.25 JD,AC
If each is a one in 21 chance, then that's a 1 in over 9000 shot! All three were Ace + Jack. That's even less likely, by a factor of 64. That makes it about a one in a half-million shot. What did you get on the next hand?
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A distinction ought be made between the average and marginal costs of a transaction. It certainly can make sense to have transactions worth less than the average cost to process if the marginal cost is low enough.
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I sent an email to you last week about it, but I guess you didn't get it. Had a problem on the site where my chips reset to zero. Any chips I get immediately disappear.
Whoa, what? The email must have disappeared also. You mean you deposit and never see them? Win a freeroll and never get paid? selaswithclubs@gmail.com and admin@sealswithclubs.eu are both checked very often. Or you can post here or PM me. At least let me know your username and the dates that chips disappeared if you know them.
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