I got hacked is the first sub-link for me, dunno what you're seeing without a screenshot I posted that on purpose, JeffK. I agree with the sentiment that each person would get a different result because of Google's algorithm. Curious, though, what would the results be if you had a brand new computer or, at the very least, search without logging into Google via a freshly installed browser you haven't used in the past. Wouldn't Ctrl+Shift+P in Mozilla do the job? AFAIK, Google searches are personalized based on your Web history if you are signed in, and on cookies in case you are not signed in. Search results today are affected by IP only regionally, and not personally. |
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This forum brings out the worst in me because I see the worst in people here (--I'm not referring to you). So many people unashamedly promote the scam that is bitcoin and it revolts me. There is absolutely no question in my mind that bitcoin is a scam, and the guise of solid economic principles makes it even more fraudulent. People perpetuate this silly economy not to change the world, but to increase the weight of their pocketbooks. Bitcoin is a vessel to bring out the worst in people. And it does so in such an ingenious way that they often don't even realize it. I feel like I have a moral obligation to set things right, but I know my voice is one of the few dissenting and that I probably have no effect and it is frustrating. The intellectual dishonesty around here is so high that I feel like I'm reading Fox News or listening to a politician speak in a campaign.
+1 Bitcoin, if it ever becomes popular, will only transfer the control of money flow from the greedy hands of bankers into greedy hands of the populus. Not sure if that would be a good thing or not, but even in this early stage it clearly damaged the potential of the idea. It also eliminates centralized control over money supply, as it is now hard-coded into algorithm, which I think it is a good thing (especially because it is deflationary, and it would somewhat curb wasteful consumerism). But all this has got nothing to do with the subject of this thread. |
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There is one thing always confused me: People always say that financial crisis destroyed trillions dollar worth of wealth
Based on general economy definition, only consumable goods and services are wealth, money is just a medium of exchange. So, if a house used to worth 5 million now worths 3 million, the actual wealth (the house) do not change, it is just the price of the house changed, and I think this price change are mainly caused by two things: money supply and people's desire
In my opinion, only war or natural disaster can really destroy wealth massively, any kind of financial loss is just a illusion, since people mistakenly think that money is wealth
The real question is: The country as a whole did not lose any wealth in the financial crisis, but why many people are getting poorer and the real tangible and consumable products are getting less produced?
I'll quote Alan Watts who back in the 1970s pointed out how people often confuse measure with what is being measured: Think about the Great Depression. One day everything was going along fine - everybody was pretty wealthy and had plenty to eat - and the next day, suddenly, everybody was in poverty. What happened? Had the farms disappeared? Had the cows vanished into thin air? Had the fish of the sea ceased to exist? Had human beings lost their energy, their skills, and their brains? No. This is what happened: On the morning after the beginning of the Depression, a carpenter came to work, and the foreman said to him, 'Sorry, chum, you can't work today. There ain't no inches.'
The carpenter said, 'What do you mean, there ain't no inches?'
'Yeah,' the foreman said. 'We got lumber, we got metal, but we ain't got no inches.'
'You're crazy,' the carpenter said.
And the foreman replied, 'The trouble with you is you don't understand business.'
What happened in the Great Depression was that human beings confused money with wealth. And they didn't realize that money is a measure of wealth, in exactly the same way that inches are a measure of length. They think it is something that is valuable in and of itself. And as a result of that they get into unbelievable trouble.
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From the wikimedia response previously linked to: This has been interpreted to mean that we do not accept "artificial" currencies Artificial... As opposed to what? Natural organically grown currencies, no hormones no chemicals? Free-range dollars? Just because one country or another throws their weight behind something doesn't make it "natural" You are preaching to the choir. |
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I don't see that assumption when reading the paper. Did you read it or are you going by the very short snippet at the beginning of the thread?
My understanding after a few glances is that they base their work on the claim that nodes have the incentive NOT to broadcast the transaction (so that a node can increase its chances of getting the fees when it solves a block). This ignores the fact that clients broadcast transactions too. Any publicity is good publicity? |
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Sure, from random posts on this forum I infer that there is something called testnet, but I have no idea if and how I could help running a client on it.
You forgot to check the Wiki.  https://en.bitcoin.it/wiki/TestnetI sure did forget, thanks! |
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Is there anything an average Windows user without much programming experience could do to help with testing? Do all you experts and "experts" realize how obscure things are? I looked at the development subforum, hoping to see a stickie. Nothing. I looked at bitcoin.org. Nothing. I looked at sourceforge. No leads. Sure, from random posts on this forum I infer that there is something called testnet, but I have no idea if and how I could help running a client on it.
How can I help at this stage of bitcoin development?
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He would like you to seat it to resistance mode ( Ω ) and measure the resistance of the two components in the green block. Make sure the card is not connected to anything, then put one probe on the one side of the resistor, and the other probe on the other side, and record, and repeat  You won't be measuring the resistance of the component, but of the whole circuit between these two points. Good luck. |
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Isn't Gini coefficient (or anything else meant to quantify economic equality) supposed to include all forms of material wealth, not just the savings in dollars or bitcoins? If you have a problem with 1% holding 50% of bitcoins, why don't you (1) ask yourself what they can do with those bitcoins and if they would rather have a house or an hour worth of massage or a juicy steak, and (2) offer some goods or services in exchange for those coins?
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A couple of days ago I called the official Dutch tax information line out of pure interest. After explaining bitcoin a couple of times they faced a tax problem. Simplified version of my question: What if mining would earn me 5000 euro's a month? The Dutch tax system simple has no regulations for this type of thing. Its not extra income, because this needs to be backed up by a product or service you provide. Neither is it a form of stock trading etc., because money is basically generated. As far as they could tell its a new and legal way of "printing extra money". And therefore there is no regulation at the time. The advice I got was that if I was going to generate those amounts of money, I should write down the whole story and send it to a government tax advisory bureau so they can come up with something for me. That way I wouldn't be avoiding taxes. I bet there are some people really breaking their brains about how to add this form of money to the tax system right now  The nature of Bitcoin mining is such that earning coins (from the block reward and from the tx fees) is a matter of luck. When somebody hits the jackpot while hashing, they earn a block reward plus the fees. I know that in Canada, for example, lottery winnings are not taxed. So, if a Canadian miner finds a block (by mining alone or in a pool) and then sells coins they "won" for Canadian dollars, they should be able to claim this is as tax-free lottery winnings. Any increase or decrease in value from the moment coins were mined to the moment they were converted to fiat would then be considered as capital gains or losses. Any thoughts? |
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put the noose down boys, you can't lynch him yet
let's wait a bit and see if this is true and not greatly exaggerated.
Again?! |
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I'm out of here. Goodbye.
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Its scary that we don't remember things that happend last week, 9/11 was 10 years ago, and I still remember every detail of that day. I think every American was scarred that day, but its a scar that made us stronger to move forward.
I was just thinking about this. I can't remember a single fuckin day since then, but I remember that day down to a gnat's ass. I remember it more than any Christmas, New Year, birthday, wedding or funeral since then. I'm not sure why. I guess it says something about the power of mass media and the trauma it can cause when it acts normal for 21 years of your life and then goes completely apeshit bananas. My girlfriend called and woke me up at 6:30 am and told me to turn on the TV. Being a fan of conspiracy theory prior to 9-11 (l33t), by 7:30 am I was standing in a long line outside a gun store, which wasn't opening 'til 9. (I wanted to buy gas masks, because I thought "they" were gonna spray the west coast with germs, but the owner came out and told everyone to get fuckin lost. Much redneck grumbling.) After that, I picked her up and went home and we watched TV for a few hours. Finally when nothing after the Pentagon got blown up for a few hours, we decided to just have sex the rest of the day because the world was probably ending. After that, we went to her house and I announced to her parents I was taking her to a remote place up the coast in the mountains so we could carry on civilization. They didn't like that much. After 4 hours of fighting with them, we got hungry and gave up, so we decided to go get some food. We ended up needing entertainment, so we got really high and had some more sex in a parking lot and then we went and saw Evolution. We were the only two people in the theater, but even though it wasn't funny we found ourselves laughing our asses off at David Duchovny. I think we just needed a rise. I remember thinking I'd never forget that day... If you took only a second to reflect on how people in Panama, Cuba, Vietnam, Serbia, Iraq, Afghanistan, or Libya felt whenever you saw American bombs blowing their cities and villages up, you would have had a more realistic and balanced view of 9/11. You wouldn't be whining like your case was something special. It's just a bunch of idiots killing people because they think their agenda justifies it. That, and also please move this to Society and Politics... |
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Congratulations. I just destroyed my bitcoin stash of about 30 coins due to a brainfart. I transfered my coins to a wallet on another computer and before the backup had a chance to run on that machine I reformatted the drive, destroying my coins.
I hope the value of your coins go up, and I'm officially out of the bitcoin world. It was fun while it lasted.
Thanks. This explains the exchange rates today. |
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(...) The hole problem is that Bitcoin is inflating at a very high rate, the miners have to much power over the price of Bitcoin, the only way to stop that is to do what they are doing to the Bitcoin Economy. Stop them from making easy money. I have said this from the very beginning, look at my old posts, maybe someone understands this...
Speculation is easier and more profitable than mining. And speculators have too much power over the price of Bitcoin, not miners. Hence the concept of "moving the market." As for inflation, it is the way it is, and it is so by design. Everyone knows it, there is nothing unexpected about it, so it can't really be a problem - it's simply the reality. Many people know about it, but far from all of them really understands it. The concept of a high inflation environment is hard to grasp. Alright, we all need to do a better job understanding Bitcoin inflation, and educating others about it. This would prevent lots of misunderstandings that are costly to those who misunderstand it. |
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Am I the only one getting (Error code: sec_error_ocsp_bad_http_response)?
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(...) Do like his show and the contributions he has made to the group so far.
Ok, this explains a lot. |
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Not to be unfeeling, but natural selection ocurrs for many reasons, mostly so no ecosystem will become overpopulated is my thinking.
Why do you think that there is a reason and a goal behind the process that we call natural selection? Is this some God-like creature with an agenda that conveniently fits your particular view of the world? No, it's just our model of some of the relations in the ecosystem. Natural selection doesn't care and doesn't know about anything, including overpopulation. It only makes sense in retrospect. |
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(...) The hole problem is that Bitcoin is inflating at a very high rate, the miners have to much power over the price of Bitcoin, the only way to stop that is to do what they are doing to the Bitcoin Economy. Stop them from making easy money. I have said this from the very beginning, look at my old posts, maybe someone understands this...
Speculation is easier and more profitable than mining. And speculators have too much power over the price of Bitcoin, not miners. Hence the concept of "moving the market." As for inflation, it is the way it is, and it is so by design. Everyone knows it, there is nothing unexpected about it, so it can't really be a problem - it's simply the reality. |
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Socialism destroys any natural incentive that comes from human desire and puts it in the hands of elected bureaucrats that are incapable of true failure. They get paid no matter how well their mandates work and can only be fired every term or so. That's assuming they are held accountable. There's no competition to do that.
In conclusion, due to little true accountability and the inability to fail, socialist services are inherently inferior in terms of product output and the vast amount of inefficiency required to generate said product.
You have no idea what you are talking about, do you? Have you ever lived in a socialist system? Your dreamed-up logic only proves the premise of OP true. You are right in saying that socialism sucks, though - you just fail to realize that this fact applies to people who feel the way you do, but it doesn't apply to everyone on this planet. How come anti-socialists are all into personal freedoms and stuff, but so easily resort to totalitarian practice of projecting their personal culture to everyone under the pretense of "human nature"? There are societies in this world where people are much less competitive then where you are from. It's a fact - nothing right or wrong about it. It's just a different way of doing things and going about your life. Nothing to be afraid of, especially if you don't really know anything about it. |
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