They could get the EU to pass similar laws, and EU would do it; they have anti-money-laundering interests too. true. but im still behind 5 proxys. and you can't really not stop innovation. They can target the BTC/$ interfaces (the exchanges). sure they can, but only the ones in the states. mtgox is in japan. They can devote very significant CPU time to screwing with the bitcoin validation process. no. fallacy. the governments could *maybe* perform double spending, they could not create new coins, or use mine coins, or destroy mine coins. or do anything that would screw with my coins. to perform double spending, they would also need to isolate the node the want to double spend with. In short, while they can't really kill the underlying bitcoin algorithm, they can certainly apply enough leverage to destroy it's perceived value; destroy the 'general' confidence in the system, thus making the trade value zilch...or close enough to zilch so its not a threat. they can not destroy my confidence in the system. i could still use it. This isn't about you. It isn't [wouldn't be] about YOUR confidence in the system. It doesn't matter how many proxies you're behind, and I honestly don't know what that has to do with anything. They're not targeting YOU. Their goal would be to destroy 'general' confidence in the system and destroy the trade value. i know its not about me.but if I and other people are using the currency, and giving it value. there is nothing they can do about it. i can trade anonymously on slikroad if i like, they can't trace me. |
|
|
|
Rather than be Anti-bot, I am for better programming to avoid such occurrences.
occurrences? of what? bots? or stupid people like tasty? i don't understand what you mean. |
|
|
|
I'm part of the anti-bot movement. thanks for the announcement. We all agree to bitcoins stage of infancy. no. childhood maybe. Having bots manipulating the market is bullshit and should be looked down upon. no its not. welcome to the real world, if i can do it, i may do it. bots are in fact helping to stabilize the market, bots are good for bitcoin. and bots are not manipulating the market, bots can't do that. only very cleaver people. to manipulate the market you would need either a) to spreading false imformation b) a good amount of money(BTC or USD). bot don't have any of them. Just because you can download some hacks for a game doesn't make it the right thing to do. bitcoin is not a game. if you are shot is the real world you are dead. if you gets shot in a game you respawn. whole your argument is like: just because im way too dumb to make my own bot, NOBODY should be allowed to do it. cry cry cry. im now trying to make you look bad by spreading fallacy's. and there by showing that im too dumb, to even look though my own bad argument. i will galdly admit i use bots, my bot is stabilizing the market. and im gaining on it, no matter what way the market goes.  |
|
|
|
They could get the EU to pass similar laws, and EU would do it; they have anti-money-laundering interests too. true. but im still behind 5 proxys. and you can't really not stop innovation. They can target the BTC/$ interfaces (the exchanges). sure they can, but only the ones in the states. mtgox is in japan. They can devote very significant CPU time to screwing with the bitcoin validation process. no. fallacy. the governments could *maybe* perform double spending, they could not create new coins, or use mine coins, or destroy mine coins. or do anything that would screw with my coins. to perform double spending, they would also need to isolate the node the want to double spend with. In short, while they can't really kill the underlying bitcoin algorithm, they can certainly apply enough leverage to destroy it's perceived value; destroy the 'general' confidence in the system, thus making the trade value zilch...or close enough to zilch so its not a threat. they can not destroy my confidence in the system. i could still use it. |
|
|
|
not always... if it was on a exchange then yes.
but if a friend wanted to buy from me in person at 10, even if he could buy at 9 in an exchange. he would buy it at 10.
Sure. Also if someone put a gun to your head and said "buy these bitcoins for $10 each", then you would probably pay the extra dollar too. sure i would, i might also pay the one dollar more, if they performed torture on somebody i care about. i really love derailing this useless thread, do you too? |
|
|
|
but again if you only have $10. you will get more btc when you buy at 9 instead of 10. If you had the choice between buying at 9 or buying at 10, you'd buy at 9 no matter what. not always... if it was on a exchange then yes. but if a friend wanted to buy from me in person at 10, even if he could buy at 9 in an exchange. he would buy it at 10. |
|
|
|
The article certainly illustrates why Satoshi chooses to remain anonymous. This quote from the article was interesting: When authorities monitored the criminals’ communications, they discovered that E-Gold was among the carders’ preferred money-transfer methods, because the system allowed users to open accounts and transfer funds anonymously anywhere in the world. This is why bitcoin will eventually be a target...assuming the user-volume rises above its current noise floor. and how would they hurt us? just asking... freeze all bitcoins? There are a myriad of ways an entity with the resources of a nation-state can hurt bitcoin, even destroy it for all practical purposes. Will they? I think they will if it gets on their radar as anything other than a momentary blip. To what extent will they go after it? To whatever extent is necessary to remove the threat they think it poses to them. From the article: When the Shadowcrew investigation wrapped in October 2004 with the shuttering of the site — and the arrest of more than a dozen members — the Justice Department turned its sights on E-Gold. Its goal was to force the service to comply with regulations governing money-transmitting services like Western Union and Travelex. Federal regulations required those businesses to register with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), to be licensed in states that required it, to diligently authenticate the identity of customers and to file suspicious activity reports on shady-looking customers. But E-Gold wasn’t doing this. This represents the nut of it. so they will just say: bitcoins are illegal. know what i would say: FUCK YOU. i live in europe, you can't touch me, im behind 5 proxys. the main diffrences between bitcoin and e-gold is that bitcoin is decentralized, and backed by nothing. |
|
|
|
no offence but i think that you got it backwards...
if i have $10.
and i place a bid at $10 for 1btc, i get 1 btc
now if i want to have more btc i would lower my price to $9 and get 1.11 btc, of cource than my order would not be filled. I can't follow what you're saying. If you lower your price, you will buy fewer BTC. If you want to buy more, you have to raise your price. The higher your price, the more sellers you can buy from and therefore the more bitcoins you can buy. If you buy all you can at $10 and wish to buy more, you have to offer more than $10. (Or wait for the market to change on its own.) it was a misunderstanding.  you are thinking that we have enough funds, and don't really care about the price. well yes the market price will rise when you buy, and therefor if you want to buy you need to set a higher price. but again if you only have $10. you will get more btc when you buy at 9 instead of 10. |
|
|
|
The article certainly illustrates why Satoshi chooses to remain anonymous. This quote from the article was interesting: When authorities monitored the criminals’ communications, they discovered that E-Gold was among the carders’ preferred money-transfer methods, because the system allowed users to open accounts and transfer funds anonymously anywhere in the world. This is why bitcoin will eventually be a target...assuming the user-volume rises above its current noise floor. and how would they hurt us? just asking... freeze all bitcoins? |
|
|
|
if that happens, the bot has to make the price lower,
so it can buy more. You have it backwards, you have to make the price higher so you can buy more. If I buy at $10 and then want to buy more, I have to offer more than $10. If there were any way I could buy at $10 or less, I would already have done it. no offence but i think that you got it backwards... if i have $10. and i place a bid at $10 for 1btc, i get 1 btc now if i want to have more btc i would lower my price to $9 and get 1.11 btc, of cource than my order would not be filled. this is likely just to be a misunderstanding... |
|
|
|
STFU! just because you are too dumb to make your own bot, it does not mean that other may not make bots.
if you really want to see how many people who care about bots, go make your own exchange, where you make it hard for bots, by writeing random letter from a picture.
you have no right to tell me what to do, and what not to do. i buy from bots when i want to.
I was hoping you would reply. xD now i did. |
|
|
|
|
STFU! just because you are too dumb to make your own bot, it does not mean that other may not make bots.
if you really want to see how many people who care about bots, go make your own exchange, where you make it hard for bots, by writeing random letter from a picture.
you have no right to tell me what to do, and what not to do. i buy from bots when i want to.
|
|
|
|
still the cpu can not help. all theas is optimization in the algorithm, to calculate the sha256 hashes. |
|
|
|
wrong! we all could be Satoshi Nakamoto.
but only if we have the private key  true. the only proof that he is Satoshi Nakamoto, is if he haves the private key from block 1. |
|
|
|
All we are Satoshi Nakamoto
wrong! we all could be Satoshi Nakamoto. |
|
|
|
And a lot of the recent improvements to the GPU mining algorithms have come from pre-computing, on the CPU, various values.
please define "various values". if its the midstate you are talking about, it was a obvious optimization. |
|
|
|
it's annoying, slows the servers down, makes it impossible to read bid/ask history.
and...? i can read the bid/ask, you should be able to do it too. |
|
|
|
|
STFU! go make you own exchange.
|
|
|
|
while I admit I know nothing about programming miners, that is a bit definitive, considering the kernel mods which have resulted in increased speed.
it was optimization in the code of the gpu kernel, that resulted in the speedup. Not that I doubt you, but did you look at the pdf? no, i did not have to. but im going to now. there is nothing mining related that a CPU can do, that a GPU can not. the only thing that seperates the GPU and the CPU is: GPUs have a lot of cores, and therefor i good for heavy computation. CPUs have a lot of system capability. like paging, privileged separation, task switching and other nasty stuff. all this stuff makes the CPUs more complicated more heavy, and robust. i have now read the paper. there is still nothing to speedup. the thing that the paper suggest is that we put the cpu to work, while the gpu works. but there are nothing to do for the cpu while the gpu works. |
|
|
|
|
Show Posts
