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2061  Other / Politics & Society / Re: Opinion on the US on: January 11, 2014, 12:01:06 AM
It no longer matters whether or not 9-11 was a false flag, the effect is the same.
We have yet to shed the excessive burdens we adopted due to perceived threat.
It is entrenched.
2062  Economy / Goods / Re: NEFT Vodka and Bitcoin on: January 10, 2014, 11:57:05 PM
This is not an inexpensive vodka.  Top shelf pricing.
That said, if any USA folks want a sample, I'm pouring it, hit me up.
I'll second that. If you get near Aarhus in Denmark let me know so we can do this: http://youtu.be/sd9TlXY078A
 Grin

What is the price in the US


USD$50-60+tax
2063  Economy / Goods / Re: NEFT Vodka and Bitcoin on: January 10, 2014, 07:22:19 PM
This is not an inexpensive vodka.  Top shelf pricing.
That said, if any USA folks want a sample, I'm pouring it, hit me up.
2064  Bitcoin / Mining / Re: .25 BTC BOUNTY for the best answer on: January 09, 2014, 06:35:08 PM
Lets hop back on topic.....

OP, Can you tell us what the square footage of this datacenter is planned to be and also let us know what kind of budget you are looking to work with....

Woodser


1500 SF.......I would like to keep cooling to $5,000 or less.  I am looking for out of the box ideas here.  This will not be your typical data center!

For out of the box + not typical...Sell the heat. Have your cooling system pay you instead of paying for it.

Run a jacuzzi / steam room / sauna business next to your data center
Heat a pool
Run a laundramat
Distillery, brewery, bakery
Lots of uses for extra heat if you can control it.

The cost of moving the air where it is more valuable from where it is not wanted on your chips is paid by the receiver rather than the sender.
This is also a marketing press opportunity.  
Or as I said earlier try geothermal cooling. Pros: runs almost by itself, won't affect electricity bill, causes no moisture problems and doesn't require maintenance. Cons: you need to dig a hole in the ground (bad idea if you're just renting the place).

This is also location dependent. Some places it is much warmer in the ground than above it. 
In Malibu, the well water is warmer than the air. 
2065  Bitcoin / Pools / Re: ghash.io is becoming SHOCKINGLY AGGRESSIVE NOW, closing in 45% on: January 09, 2014, 06:23:13 PM
They released a statement here: https://ghash.io/ghashio_press_release.pdf
If they do indeed start allowing CEX.IO users to choose their own pool that will greatly improve the situation.

Though they will still control the ability to choose, and the visibility and implementation of the choice.
The even more encouraging element was the "no new miners in our pool" elements.
2066  Bitcoin / Pools / Re: ghash.io is becoming SHOCKINGLY AGGRESSIVE NOW, closing in 45% on: January 09, 2014, 06:20:06 PM
You guys are either really paranoid ..
Or I'm overly naive ..

Seems to me they've got a good and working business model ..
They have no incentive to kill the goose ..

Triff ..

Much money can made on both upside and downside.
Even more when you know ahead of time which way it will go and why.

Giving such control to anyone is not good for everyone, that is why some are not so happy about central banking.
If folks wanted to have such control in the hands of so few, they should use dollars.  

Unless this is resolved in a better way, it removes much of the value of project bitcoin.
2067  Bitcoin / Bitcoin Discussion / Re: GHash.IO and double-spending against BetCoin Dice on: January 09, 2014, 06:00:45 PM

These are good words, good action should follow swiftly.

They will continue to maintain control over the control of contract owners' ability to switch pools... and the visibility into whether it is in fact happening.
2068  Bitcoin / Bitcoin Discussion / Re: GHash.IO and double-spending against BetCoin Dice on: January 09, 2014, 05:55:18 PM
CEX.io admin in chat specified that as the 51% network dominance was reached they will announce we will be able to point our contracts at any pool. Now weather they mean any BITCOIN POOL or any SHA-256 is still unknown.

I firmly believe a money making venture will not shoot themselves in the face by destroying the network marketplace in which they are profiting and succeeding. There is no gain in destroying bitcoin now, unless they have some "counter agenda" that is as hilarious as hollywood or obamacare.

They are not a government, entertainment producer nor 'BigPharma.'

Just my 2 mbits.

Imagine they are as you say, just doing it for the money.

How much money would be made if they sold all their BTC, then performed some horrible acts destroying confidence in Bitcoin, then bought back in cheap, disbanded their pool and started again with new names, more money and experience?

The point is not to rely on their honesty, the point is to not require it.
2069  Bitcoin / Bitcoin Discussion / Re: GHash.IO and double-spending against BetCoin Dice on: January 09, 2014, 05:52:33 PM
CEX.io admin in chat specified that as the 51% network dominance was reached they will announce we will be able to point our contracts at any pool. Now weather they mean any BITCOIN POOL or any SHA-256 is still unknown.

I firmly believe a money making venture will not shoot themselves in the face by destroying the network marketplace in which they are profiting and succeeding. There is no gain in destroying bitcoin now, unless they have some "counter agenda" that is as hilarious as hollywood or obamacare.

They are not a government, entertainment producer nor 'BigPharma.'

Just my 2 mbits.

Consider how this may not really be any better after all.

Having >50% of the hash power and pointing it to other pools simply means that they can point it back at will.  Worse still they can in fact entice others to join ghash.io by artificially reducing their percentage by switching some to other pools and then switch back again anytime some shenanigans suits them.

By selling contracts, they have garnered this control.

The decentralized trustless network is becoming centralized and is now requiring trust.  The erosion of some of the core merits of the bitcoin protocol is a serious matter.  It is astounding that a summary report of an "internal investigation" is considered authoritative and exculpatory.
It merely stated that "it was the old guys, not us" and gave no new transparency or plan to change anything, no new controls implemented.

Miners, take a look at what you are doing and how, please.  We are in your hands.


2070  Bitcoin / Mining / Re: .25 BTC BOUNTY for the best answer on: January 09, 2014, 04:09:07 PM
Lets hop back on topic.....

OP, Can you tell us what the square footage of this datacenter is planned to be and also let us know what kind of budget you are looking to work with....

Woodser


1500 SF.......I would like to keep cooling to $5,000 or less.  I am looking for out of the box ideas here.  This will not be your typical data center!

For out of the box + not typical...Sell the heat. Have your cooling system pay you instead of paying for it.

Run a jacuzzi / steam room / sauna business next to your data center
Heat a pool
Run a laundramat
Distillery, brewery, bakery
Lots of uses for extra heat if you can control it.

The cost of moving the air where it is more valuable from where it is not wanted on your chips is paid by the receiver rather than the sender.
This is also a marketing press opportunity.  
2071  Economy / Collectibles / Re: Bitcoin Specie Project sponsored by the makers of New Liberty Dollar on: January 08, 2014, 09:40:15 PM
2014 1oz Silver dies have arrived from the die-cutter, the other sizes and the gold are on the back burner pending the completion of other projects, but these should be ready for shipping in a week or two.
2072  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 08, 2014, 01:53:20 PM

read it last night, linked it here as well. Tera felt it was repetition of stuff already mentioned. Others explained to me how the negative commission for market makers worked seems all around interesting. I mean it is not impossible he's just putting on a front. All the while knowing its closing down...but I doubt it will and huobi is the volume holder so it really depends on how they get cracked down upon if a crack down appears.

Now  really , do you believe the volume houbi shows?
I doubt they trade more than 10 coins per day there.

It may be a honeypot.
2073  Bitcoin / Bitcoin Discussion / Re: The NEXT generation of Physical Bitcoins... on: January 08, 2014, 01:14:13 PM

I'd like to see that data source, that percentage seems pretty high.
The conclusion also seems to be a leap of logic as debasement itself is a transfer of wealth from the poor to the rich.

You've got the antithesis of the correct conceptualization.

Debasement is necessary else the rich will aggregate all of the money via usury since they spend a negligible (minute) percentage of their income. Wealth and income is power-law distributed [1]. It is small government and decentralized control over debasement (i.e. no central banking) that leads to prosperity, not the lack of debasement.

The statistics for the 5% were reiterated and reexplained:

https://bitcointalk.org/index.php?topic=222998.msg3608094#msg3608094

[1] Dragulescu, Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States



http://blog.mpettis.com/2013/08/the-urbanization-fallacy/#comment-581

If you will permit more challenges to your assumptions...
This formulation seems to include a presupposition of legal tender enforcement, and social primogeniture.  Both historically true, but may have less of a future.
2074  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 09:07:51 PM
In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.

you mean you don't do that?

http://www.nytimes.com/2010/12/23/business/23trading.html?_r=0
2075  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2014, 08:51:07 PM
In order to use media to make trade decisions you would need to speak every world language fluently, subscribe to thousands of media formats and read them daily.

Or, write code ...
http://www.nytimes.com/2010/12/23/business/23trading.html?_r=0
2076  Economy / Goods / Re: NEFT Vodka and Bitcoin on: January 06, 2014, 07:58:35 PM
Any online distributors in the US yet? I want a barrel!

Since it is now sold within the U.S., it should be easy to find someone from L.A. or Vegas who would be able to buy one and ship it f to you.  You could probably even post the gig on http://bitgigs.com or TaskRabbit or something like that.    Maybe even on http://Coinality.com

Joe's Liquor
[There is more than one listing for a "Joe's Liquor" in L.A., so I'm not sure if they all carry NEFT.  I'll list multiple addresses here:

Joe's Liquor (1 of 2)  Has in stock (black label)
12521 Victory Blvd
North Hollywood, CA 91606
(818) 762-5757

Joe's Liquor (2 of 2)  Doesn't have
16151 Nordhoff St
Los Angeles, CA 91343
(818) 894-2001


If you want any send me a PM.
2077  Bitcoin / Meetups / Re: Los Angeles (SoCal) Bitcoiners Meetup? on: January 06, 2014, 07:53:23 PM
Went to 2 Jon's on Sunday, neither had it yet.
Time to hit the phones.
2078  Economy / Goods / Re: Customized Bitcoin Keychain (Giveaway) on: January 05, 2014, 12:23:11 PM
This is so necessary.

Having a public key handy, on the keychain. 
Everyone should have this.
2079  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official on: January 05, 2014, 12:14:14 PM


If I may, I do think the intent was to release a working protocol and to encourage people to use it -and Not to create something where someone who was watching the forums more intently, or was tipped off as an insider for example, could get in to merely multiply their money at the expense of others.

I am aware that most people browsing alt-currency forums may very well be people looking to "make money out of thin air" if you will, on account of being early investors in something (having missed the early investment into bitcoin per say), without much caring as to what something does, or whether it offers any kind of potential benefit to others, or mankind at large. While this approach may in fact make a select number of people rich, nevertheless I think it is ultimately detrimental to the acceptance and development of digital monetization and finance in the broader sense.



I understand what you are saying but disagree.  I'm not looking for a quick 100,000% profit; just a smart investment in a good vehicle.  But, what is the incentive for me to invest right now as opposed to 3 weeks from now?  1,470 XCP instead of 1,000? 

As days and weeks pass, theoretically the risk will go down exponentially.  Why should the reward remain largely the same?

Are you discounting the reward of just the building and using counterparty.
If your endeavor can make use of it, having a few weeks head start on that can be worth more than +50%

2080  Economy / Goods / Re: NEFT Vodka and Bitcoin on: January 05, 2014, 11:36:58 AM
I can shop around a bit tomorrow to see who is carrying it in stock.
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