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2141  Economy / Speculation / Re: Bye Bitcoin! on: July 08, 2011, 03:33:04 AM
At the tone, the time will be - 11:33pm EST

Mt.Gox Last: 14.867

*Beep*
2142  Bitcoin / Bitcoin Discussion / Re: Bitcoin is actually slower than my bank? on: July 08, 2011, 03:17:31 AM
Okay, so you're running a linux distro with a virtual machine. Fine.

I'd be happy to point you to the relevant instructions using a google search - if you give me the name and/or model of your router.

You don't have to change your subject, it would just help clarify the situation - since the bitcoin vs. bank argument really doesn't hold any water when it is completely up-to-date.
2143  Bitcoin / Bitcoin Discussion / Re: Bitcoin is actually slower than my bank? on: July 08, 2011, 01:22:13 AM
I'd do two things:

Change the subject to - "Bitcoin without an updated blockchain is slower than my bank"

Forward port 8333 to your machine running the client.

Also, I agree that it isn't very obvious that you needed to have the blockchain updated at all with the current client design. Just one of the pitfalls of being in beta.
2144  Bitcoin / Bitcoin Discussion / Re: POOLS under DDOS ATTACKS on: July 07, 2011, 06:36:10 PM
The pool operators could get another ingress to their 'head end' servers and be protected by another provisioned path, or split up their pools to sub-pools operating on different providers. Just a strategy to provide numerous smaller targets than one big one. Or everyone could go to solo-mining, but I doubt that would happen.

2145  Economy / Speculation / Re: Skeptical of the skeptics... on: July 07, 2011, 05:34:13 PM
It is one of the few ideas that has ever excited me in the same way as learning about the internet. Just the far-reaching implications, sprawling out to the future. Whatever iteration survives, I know the world won't be the same. (Though I am biased in thinking that the current implementation is solid enough, just needs peripheral enhancements.)
2146  Bitcoin / Bitcoin Discussion / Re: The Disruptive Marketplace - BTC and Mobile Payments on: July 07, 2011, 05:31:29 PM
Zong is centralized, so it can be controlled by Ebay/government/whomever.  It has nothing on Bitcoin.

Average people don't really care that much about "been controlled" by ? and ? and ?.

But a natural fallout of that is the fees that accrue at every stop along the way. Average people sure care about that. That is why bitcoin has the edge.
2147  Economy / Trading Discussion / Re: bitcoinity.org/markets - live mtgox & tradehill charts on: July 07, 2011, 05:25:03 PM
I honestly think he should just be the resource for exchanges to plot their data. (And collect a bit of their fees for his trouble.) The features and design are just that good. Really like how he has a way to communicating updates - something the exchanges should do by default.
2148  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 07, 2011, 05:08:45 AM
Why Latin? The worlds language is english... Huh

I just happen to like latin, and latin is the root for many languages in the world. I balked at doing english because I wanted a wider appeal to a common ancestry - a metaphor for the 'genesis block' in the chain of bitcoin.
2149  Bitcoin / Bitcoin Discussion / Re: Best 1-3 line selling pitch for Bitcoin on: July 07, 2011, 05:01:26 AM
Governed by math,
controlled by no-one,
freedom to spend.
2150  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 07, 2011, 04:59:17 AM
The slogan is too long and too complicated. I suggest a shorter one:

"For freedom"

It probably wouldn't seem so 'complicated' if the type was smaller and embedded in a design around the perimeter. I'll think about it some more and see what I can do.
2151  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 06, 2011, 11:50:12 PM
@DamienBlack

I'll gladly send an .obj file, it is quite small. Just send me a message here with your details.
I like your color-adjusted snobbery Smiley

@RandyMarsh

Been thinking about it, I want to make it a bit more complex than it is - so it is in effect a rough draft. I don't have anything on the back side just yet.

@TriumVir

I just kept messing with google translate until the reverse-translations seemed to come out properly. If you have suggestions, I would be happy to check those out.

@mayabong

I tried a few different renderers - the final product was done with a fairly oddball dedicated renderer. Any "General Illumination" or "Radiosity Renderer" will provide the same results.
2152  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 06, 2011, 09:51:30 PM
I dislike the colors, but the model is obviously fine. It feels like maybe it should be thicker, but maybe not. It has something a a sleekness to it that thin.

Fair enough, which is why I am releasing the model so it can be tweaked and such. I am a bit surprised that gold isn't popular Smiley
2153  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 06, 2011, 09:39:32 PM
Know about Shapeways.com tim?

If not check it.

Yes, I do Smiley

Haven't taken a look at what it would cost to print though.
2154  Bitcoin / Bitcoin Discussion / Re: Bitcoin 3D Model - First Attempt on: July 06, 2011, 09:38:48 PM
that looks pretty awesome.  what are you gonna do with these?

Just throwing it out there, no payment required. If someone modifies it and uses it in a project, that is fine by me - just give me proper attribution.

Some have expressed interest in possibly 3D Printing it, but I don't know if the model conforms to such specifications.
2155  Bitcoin / Bitcoin Discussion / Bitcoin 3D Model - First Attempt on: July 06, 2011, 09:23:13 PM
Just thought I'd share:



Model is available in .obj or .3ds format if you wish - just PM me. Lots of polys, though.

The inscription reads from the top:

"The strength of many - chain governs all things"

On the bottom:

"freedom from oppression - power of the people"
2156  Economy / Speculation / Re: Bye Bitcoin! on: July 06, 2011, 05:46:31 PM
Maybe he figures he'll get 'raptured' before it pops through 17.
2157  Economy / Speculation / Re: $/BTC Time Series Analysis on: July 06, 2011, 02:00:05 PM
chodpaba, appreciate the work you've put in, and your willingness to share! Some of what you have posted reminds me of another forecasting technique using Fast-Fourier Transform to extract dominant cycles and apply that as a forecast from current price. I do realize you are doing a probability-based projection, just wanted to share.

Also, I'd like to ask if anyone has daily data from 06/20 to present, that would be very helpful. I haven't kept up on my end with it, and would love to update my charts. (Which I'll share, of course.)
2158  Economy / Speculation / Re: Bye Bitcoin! on: July 06, 2011, 01:39:30 PM

You apparently keep misjudging me. How do you even know I have a position at all?

BubbleBoy's contribution is valuable. As I stated before, price should depend on real world value, speculative expectation is not tenable in the long term. When the economy is actually smaller than Dollar parity, anything like $15/BTC is ludicrously overpriced. The few reasons that keep the bubble from bursting are an immature market, small volumes and traders trying not to pop it while playing for small gains on volume. It could go any minute if someone decides to cash out.

As far as I'm concerned it would be better if the bubble burst quickly, we would go back down to somewhere between actual economy size (below USD parity) and $4 (tenable speculative expectation value) and then grew with the economy.

The sad conclusion from your statements is that you don't care about Bitcoin's future, you're here for the quick buck, with exit strategies in hand. If that is the case than you are no better than the banksters with '2BG2FAIL' vanity plates on their Porsches.

Protip: Real traders, the ones who actually commit money and have a trading plan before they place a trade call this "standard operating procedure". Of course, making price predictions with no skin in the game has been a forum past-time all over the internet, so I'm hardly going to ask you to stop. We just made it to your 'ludicrously overpriced' target. Hope you have a stop-loss order in Smiley

I'm here for the long haul, and that means, until bitcoin conquers the world - or conversely, it withers to irrelevance. I do know, however, I'll be around long after you've gone. Believe it.

2159  Bitcoin / Bitcoin Discussion / Re: Article: Investment of the week! on: July 05, 2011, 05:13:54 PM

Second that...canned food.  Actually, I am putting everything I have in toilet paper and can openers...plan on making a killing post apocalypse...too bad the money I make won't be worth anything. Smiley

Food, booze, smokes and various lady-products. You'll be KING, I tell you. Smiley
2160  Bitcoin / Bitcoin Discussion / Re: At what price do you think Bitcoins will begin to rebound? on: July 05, 2011, 05:12:20 PM

Not sure if you have actually used the internet over the last 20 years, but usually when an idea comes along and it gets a decent following it isn't just copied, it's copied a LOT. It is inevitable that something Bitcoin inspired is going to come along.

Still would have to overcome first-mover advantage. That doesn't always occur.
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