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201  Economy / Speculation / Re: Bitcoin growth - The Long View on: July 15, 2011, 01:23:03 PM


Normal scale




Log scale


This shows how many connected nodes there are to Bitcoin since December. The first date displayed is December 18, 2010, and the last date displayed here is July 12, 2011. I used the data from http://dump.bitcoin.it/misc, and counted the number of occurrences for Status:"Up" for each day. As you can see, Bitcoin is not dying.  

To clarify the above quote, a node is someone running the Bitcoin client.
202  Bitcoin / Bitcoin Discussion / Re: Number of BitCoin users on: July 15, 2011, 01:21:12 PM


Normal scale




Log scale


This shows how many connected nodes there are to Bitcoin since December. The first date displayed is December 18, 2010, and the last date displayed here is July 12, 2011. I used the data from http://dump.bitcoin.it/misc, and counted the number of occurrences for Status:"Up" for each day. As you can see, Bitcoin is not dying.  

A node is someone running the Bitcoin client. It does not count someone who is only mining.
203  Economy / Speculation / Re: Bitcoin will never reach $20 again on: July 15, 2011, 04:08:07 AM
I'm waiting for it to bottom at $0.10 so that I can buy 50k Bitcoins.
204  Bitcoin / Bitcoin Discussion / Re: Gavin Trademark Bitcoin Now! on: July 15, 2011, 01:58:13 AM
I don't think it is necessary for Bitcoin to be trademarked. Just my 2 cents.
205  Other / Off-topic / [video] Ubuntu causes girl to drop out of college on: July 15, 2011, 01:22:16 AM
http://www.youtube.com/watch?v=5Qj8p-PEwbI

 Cheesy

206  Bitcoin / Mining / Re: Tips for a beginner on: July 14, 2011, 02:57:33 AM

His reply came a month and a half later, and he beat you to it? lol
207  Economy / Speculation / Re: Meh.. I'm selling EVERYTHING! on: July 14, 2011, 02:08:01 AM
God be with you.
208  Other / Off-topic / Re: What music do you listen to while programming? on: July 13, 2011, 11:27:49 PM
I keep my entire library on shuffle, it's a lot of random stuff.
209  Economy / Marketplace / Re: Global Standard Bank - the first Bitcoin bank? on: July 13, 2011, 11:20:25 PM
Shouldn't the thread title be changed, at least until we have more than a suspicion ?

I already changed it once per request here, and I'm not a moderator, I don't feel like changing things back and forth. I'm not here to work.'

edit:

fine
210  Economy / Economics / Re: Is Namecoin a possible threat to the Bitcoin blockchain? on: July 13, 2011, 11:16:27 PM

Just to stop all the FUD spreading. Namecoins are not unlimited supply, in fact they are in MORE limited supply than bitcoins.

They have the same 21 million coin issuance algorithm AND some coins are spent out of existence (63,000) in the early days to prevent name squatting and hoarding by early adopters.



tl;dr  Namecoins are more scarce than bitcoins.

Indeed.

Code:
pblock->vtx[0].vout[0].nValue = GetBlockValue(pindexPrev->nHeight+1, nFees);

line 1092 :
Code:
int64 GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 50 * COIN;

    // Subsidy is cut in half every 4 years
    nSubsidy >>= (nHeight / 210000);

    return nSubsidy + nFees;
}
211  Economy / Economics / Re: Is Namecoin a possible threat to the Bitcoin blockchain? on: July 13, 2011, 10:48:30 PM
I know namecoins are only "meant" for registering domain names... but what if people start to use them like bitcoins? Or is that impossible since there is an unlimited supply of namecoins? iirc

Who says they're meant only for registering domain names? There's even a poker site to gamble them. Namecoin is everything Bitcoin is, but with additional features. Even if those features never take off it's still at least equal to Bitcoin.
212  Economy / Economics / Re: Is Namecoin a possible threat to the Bitcoin blockchain? on: July 13, 2011, 10:47:21 PM
Question: what would happen if Tycho temporarily turned the entirety of Deepbit to the Namecoin blockchain (for 20 minutes, say)

There could be a problem.  The issue is that difficulty would go up, but once difficulty goes up too much, it never comes back down.  Because it's not worth it to mine, and difficulty only resets after ~2000 blocks.

It might be better if the difficulty were to adjust every N days or M blocks whichever comes first, but that's not the case now (with BTC or namecoin).


I haven't think about that problem before.
A supercomputer could slow the bitcoin chain by mining a lot one week and then stop doing it.
Your solution should work though.
Are developers aware of this?

Difficulty can increase 4x at most per 2016 blocks. This is in the code.
213  Bitcoin / Bitcoin Discussion / Re: Member BitcoinPorn approaching 1,000 forum posts... on: July 13, 2011, 05:44:16 PM
Someone should start correlating the Bitcoin hash rate to his post count.
214  Bitcoin / Mining / Re: Why has the network jumper to 14 terahashes? on: July 13, 2011, 05:35:15 PM
It's the Moore's law of Bitcoin. I don't think price matters, nothing will stop this law.
215  Economy / Speculation / Re: Just keep it in mind that there is someone has more than 10k bitcoin on: July 13, 2011, 01:05:25 PM
Hey guys! good news! I've moved up in the ranks! I'm now a scammer!  Wink

Next time don't scam anyone?
216  Bitcoin / Bitcoin Discussion / Re: Member Chick hit 339 forum posts... on: July 13, 2011, 06:38:00 AM
What's your uptime?



I've wasted

Quote
Total time logged in: 3 days, 13 hours and 41 minutes.

of my life here.



Let's see.

Quote
Total time logged in: 9 days, 21 hours and 9 minutes.

And I joined June 2nd or June 3rd. I have no life.  Cheesy
217  Bitcoin / Bitcoin Discussion / Re: Active Bitcoin nodes per day since December - cool charts on: July 13, 2011, 06:30:47 AM
I keep my client connected all the time with a wallet that has 0 coins. This way if I put my true wallet on it, I don't have to wait for the block chain to download. Also there is no reason to turn it off.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: namecoin usage on: July 13, 2011, 02:00:54 AM
anyone wanna sell me namecoins for bitcoins?

They can be bought pretty easily here: https://exchange.bitparking.com/main

The site has been very reliable every time I've used it.
219  Bitcoin / Bitcoin Discussion / Re: Backups people on: July 13, 2011, 01:47:13 AM
Be easy on him though. He didn't make the thread entitled "My account got hacked, 20k BTC stolen".
220  Bitcoin / Bitcoin Discussion / Re: Backups people on: July 13, 2011, 01:44:35 AM
My guess is that it ran out of hdd space, but the file is only 30kb.  my backup is 120kb, but i suspect its out of date, i was only doing weekly backups.  it doesnt load anything on my 3 machines when i try to use it.

How did your computer run out of space? Typical hard drives are hundreds of gigabytes.
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