Yes, and perhaps set up "rogue" full nodes.
What the heck is a "rogue" full node? Obvioiusly a node that "runs wild" and logs every single transaction. No, wait... Maybe it just takes in transactions but does not send them out! No, wait... Maybe it makes up a lot of bogus transactions? No, wait... Hmmm. I guess I don't know. What is a "rogue" full node? Anyone? A node which serves, as part of a pool of similar nodes, to identify originating IPs of every transaction? |
|
|
|
Hi guys, I'm a newbie to these forums and I have only just figured out that I need to make a post here before I can add some comments to the rest of the forums.
I've only been aware of bitcoin for a little over two months but I have followed it with great interest and thanks to these forums I feel I have learned a lot. However knowledge never stands still.
The difficulty level interests me. We should all know now why it rises but what I find amazing is that at some point in the future it has to slow down its massive increases. Ie if everyone on earth was already mining there would be increases as more users bought more miners, which is different from now in that ATM more users are buying more miners just as previously stated, but also more users are constantly finding out about bitcoin and themselves buying miners. These increase are on top of increase miner machines performances too.
I guess what I'm saying is IMHO the difficultly is being mainly driven ATM by at increase in awareness, as well as an advance in mining machines. Does this makes sense or have I waffled to much?
Thanks for reading and a big thanks to the many users who have written some excellent posts on this forum.
Ps can I have my "gold star" please now Mr Board Admin.
It is realively easy to discern the two effects. (1) Assuming a constant cost of mining power (in terms of $s/hash and J/hash), and constant ratio of miners/users, difficulty follows the general rate of adoption, which is in turn reflected in the exchange price. Throughout most of Bitcoin history, this has been so - give or take. Ergo, most of the time difficulty follows the exchange rate with a few weeks of delay. (2) Whenever mining technology is transitioning (CPU, GPU, better GPU, FPGA, ASIC), we have an additional and temporary upward drift in the difficulty curve on top of what is described in (1), and which can be attributed to the technological leap.  |
|
|
|
what if it becomes trendy to own at least one bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices.
That's like saying there are 349 people who wish to eat these 2 pieces of cake in front of me...  Let's try again, to make your point clear:
what if it becomes trendy to own at least one some bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices - that's a total value of 60 000 000 000 invested (or converted) into bitcoins. At maximum 21 million coins, assuming no coins were ever lost, this turns out to be ~ USD $2,800 per coin.
|
|
|
|
Just an excercise in free and anonymous market strategies:
If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.
Is there any way how often this market strategy can be executed, I mean for optimal profit? Yes, however the equation is a trade secret. It's based in quantum mechano-economics. If it were revealed to the public, it would quit working. |
|
|
|
|
Who the fuck is Satoshi, and why would I care?
Don't you have anything better to do?
|
|
|
|
|
Because it's a free market. They don't need no government to tell them how to rape each other, all while simply hoping to be on top.
|
|
|
|
|
Just an excercise in free and anonymous market strategies:
If operators of SR were selfish assholes (they seem to be nice folks, but let's forget that for now), they would absolutely start a fake competitor, then scam users and vanish. They get free press (every Atlantis article mentions SR), they get coins, they distract the authorities and divert their resources, and they make themselves look great in comparison.
|
|
|
|
|
One-o-six on the first try, using the wisdom of the Phinn's selfless advice.
It's funny that this doodle's search googles for "google"...
|
|
|
|
As I said it was definitely up a few hours ago.
It wasn't them. You were connecting to the FBI. |
|
|
|
|
I've been running a node literally for years, and never seen this happen... until tonight. I closed the client, replaced wallet.dat with an old backup file, started the client... and the warning appeared! I was able to send funds from this old wallet normally. I closed the client, placed the original wallet.dat in, and started the client again. The warning is still here!
I did not even reboot the computer. Simply closing and re-opening the client twice is all that happened. Computer time and time zone are correct, just as they have been before this. It's a Windows 7 desktop.
|
|
|
|
Btc is big with the expats in thailand but not so much the thais.
Id love to see btc accepted but think its too soon for asia. 1 year maybe.
What do you wish to see happen in that one year? @seafarer124: the airline would gain immediately from the buzz created in the world media. That's pretty much it. However, that's a lot. Free advertising that portrays you as forward-looking, open to innovative tech... If these executives have personal stake in btc, they would stand to profit, too. Not something to point out directly in an email, of course. In reality, airlines are not quite an ideal target for Bitcoin adoption: most customers will still choose the pay with the cc, as they typically get some form of travel insurance that way. Furthermore, the airline needs to collect customer data anyway, so in this case bitcoin does not eliminate the need for costly security measures to protect data from theft. What percent of their income comes from cash-paying customers? I'd bet it's negligible. Now, bitcoin would today be a small fraction of that negligible part. A real success would be to simultaneously get travel agents to start sending payments from abroad to the airline via bitcoin - likely cheaper than banking, faster, and irreversible. A travel agent from SG paying with bitcoins for a block of seats in a Thai-based flight... Whatever you suggest to them, make sure it really works, that is - you could set everything up and get it running, with all the details. |
|
|
|
I am the only one that since yesterday can't visualize the symbols in coinmap.org?
I tryed from 2 different pc and is visible only the map, no merchant anymore!?
Thanks
Everything seems fine on my android phone right now. |
|
|
|
moze li mi neko pojasniti ovo "rudarenje" ?
Ako razumeš engleski, čitaj na https://en.bitcoin.it/wiki/MiningUkratko, prikladniji termin bi bilo knjigovodstvo, a ne rudarenje... Bitkoin transakcije se čuvaju u javno dostupnoj knjizi (tzv. block chain), a "rudari" su ljudi koji vrše proračune kojima se te transakcije overavaju i unose u knjigu. Kao nagradu za taj posao rudari nasumično dobijaju nove bitkoine, tako je rešen problem prvobitne raspodele valute (ne štampa ih država, ne izmišljaju ih banke). Prosečan broj novonastalih bitkoina je trenutno 25 na svakih deset minuta, i ceo sistem sam podešava verovatnoću da se ovo desi tako da ostaje manje-više isto, bez obzira na to koliko rudara radi, i kakve računare koriste. Inače, tih 25 bitkoina će se za par godina prepoloviti na 12.5, pa na 6.25, itd. Ukupan broj bitkoina koji će ikada postojati je time matematički predodređen na oko 21 milion. Šta te konkretno zanima? |
|
|
|
|
In 6-12 months I hope to start hearing about enterprise-level support and consulting for big players who need security and tweaks and advice from those who built the tool...
|
|
|
|
Just wanted to bring back this thread for a quick question: C:\Users\MYUSER\AppData\Roaming\Bitcoin is 19.2GB. http://blockchain.info/charts/blocks-size says it should be under 10GB. How do I figure out what's unnecessary, and delete the extra files? Thanks. This question often comes up. I thought the reason was the old blk000x.dat files remaining from the pre-0.7.8 (not sure) version, and which can be safely erased - but it would be nice if a developer here could confirm and explain. Edit: Here is a relevant quote from deepceleron: You can remove blk0001.dat, blk0002.dat, blk0003.dat and blkindex.dat from the root data directory after a reindex is complete and you are caught up with the blockchain (and you don't plan on going back to an older version). Only blkindex should actually be using disk space, as the old BLK000x data are moved upon upgrade, and the blk000x.dat files you see there are hardlinks (shortcuts) on any filesystem that supports hardlinking.
...
The new database for v0.8.0+ is stored in two subdirectories, "blocks" (block data, with block id database in "blocks/index"), and "chainstate" (unspent output database). Do not mess with files in these subdirectories.
|
|
|
|
The ONLY factor in consideration of every country, government, and nation on the planet in relation to Bitcoin, is, can it be taxed?
Everything else is meaningless. As long as countries know they are getting their "fair" share of tax money, and Bitcoin doesn't become a haven for it, Bitcoin should be OK.
In practical terms, there is nothing special about bitcoin when it comes to taxation. Transactions are as easy to tax as USD or Dinar transactions. Sales receipts, invoices, bookkeeping - all the usual business. Just like with in-person cash transactions, parties to the transaction may choose not to report it. Note that the public bitcoin ledger, and ISP records, in fact make Bitcoin less attractive for tax evasion than banknotes. |
|
|
|
|
Show Posts
