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2241  Other / Politics & Society / Re: Deficit spending is theft. on: May 12, 2012, 05:59:31 PM
How could someone else borrowing money to spend on what they want be theft? Oh they're going to take from me to pay it back? That part does sound like theft.
2242  Economy / Economics / Re: Why I think the 21Million hard limit will never be reached - deflationary spiral on: May 12, 2012, 05:57:46 PM
The new coins each day are being absorbed by new demand and the price is still for quite some time. Assuming new demand keeps showing up at about the same rate the halving will have a strong effect. The only way I see this not happening is if a lot of current demand is thinking this way. In that case demand would drop around the halving and people thinking like that will start to unload.

But I think it all gets swamped by the demand that's going to show up as people realize that bitcoin is here to stay.
2243  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: May 12, 2012, 04:08:41 AM
If you are having trouble connecting to the poker software try logging out of your web account and back in. This seems mostly to be a problem for ubuntu users. We're working on a fix. Thanks for patience.
2244  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: May 11, 2012, 11:19:37 PM
We're having some trouble. We're working on it.
2245  Bitcoin / Development & Technical Discussion / Re: Wallet just got emptied on: May 11, 2012, 02:45:01 AM
That sucks, sorry to hear.

What OS? Was your wallet encrypted? Did you ever back it up anywhere? Could a backup have leaked?
2246  Other / Politics & Society / Re: America's Choice - Liberty or Sustainable Development on: May 11, 2012, 02:08:38 AM
Give me liberty or give me.... sustainable development!
2247  Economy / Speculation / Re: Mt. Gox USD 365-day change is now negative... when will it become positive? on: May 11, 2012, 02:06:35 AM
Better be by October. If it doesn't do it by October it's going to be a cold winter for me.
2248  Bitcoin / Development & Technical Discussion / Re: Private keys starting with L or K instead of 5? on: May 11, 2012, 01:44:18 AM
I hope a typical human never needs to see a base58 private key.

Actually, I hope they don't need to see anything base58 at all (think URL's, files, QR codes, ...).

I can't agree with this.  They do need to see it, if they want to.  It is important for people to understand how Bitcoin works in detail for them to have confidence in it, and to blackbox the implementation is to spread people's trust budget needlessly thin.

Asking people to believe in "magic" rather than allowing them to understand the basic fundamental concepts (including "your money is represented by a secret number" and "yes, the number is a number you can see, print, say, hold") is to prevent them from understanding the system well enough to put their faith in it.  Once they understand this much, then QR codes are a useful shortcut for convenience's sake.
 


Some of us need to understand and I think there is large benefit in making that simper anywhere reasonable. But we're going to be asking most people to believe in magic and it's going to be fine because they've been doing it all along.
2249  Bitcoin / Bitcoin Discussion / Re: How do Bitcoin Businesses Avoid Fraudulent Payments? on: May 10, 2012, 10:58:31 PM
I do it by accepting bitcoins :-)

By accepting Bitcoins ONLY :-)

Of course. Honestly anything else sounds like a cross between a nightmare and a joke.

Respect to the people who get their hands dirty helping with the crossover.
2250  Bitcoin / Bitcoin Discussion / Re: How do Bitcoin Businesses Avoid Fraudulent Payments? on: May 10, 2012, 10:34:05 PM
I do it by accepting bitcoins :-)
2251  Economy / Games and rounds / Re: The ∑ Number Game - Week 5/9 to 5/16 BTC Pot: 10 BTC [Open] on: May 10, 2012, 09:56:31 PM
I've thought a lot about how to play this and I just can't.

I can't say for sure that not playing is the right move (with the money added I'll try to watch and get the only move in right at the end though!), but think about this:

Same game, only 2 players allowed 1 move each. Do you want to go first or second? Same game 3 players allowed 1 move each, do you want to go first, second or third? I don't think uncertainty about the number of moves changes the badness of going early, at least not much.

To ask another question: If you knew all the slots would be purchased, what number would you choose then?

184
2252  Economy / Securities / Re: GLBSE better, harder, stronger, faster, cheaper now with MAKER/TAKER on: May 10, 2012, 04:04:13 PM
Meni is right. Right that it doesn't matter I mean. I don't think it's really dishonest though. The fee schedule is right there. Maybe it is dishonest like labeling a candy bar .99 and refusing to trade it for 99 cents is dishonest (demanding to collect a tax fee that wasn't included), actually that's pretty bad I guess. GLBSE is way less bad than that, the fee is explicitly mentioned on site unlike at 7-11.
2253  Economy / Games and rounds / Re: The ∑ Number Game - Week 5/9 to 5/16 BTC Pot: 10 BTC [Open] on: May 10, 2012, 03:09:50 PM
I've thought a lot about how to play this and I just can't.

I can't say for sure that not playing is the right move (with the money added I'll try to watch and get the only move in right at the end though!), but think about this:

Same game, only 2 players allowed 1 move each. Do you want to go first or second? Same game 3 players allowed 1 move each, do you want to go first, second or third? I don't think uncertainty about the number of moves changes the badness of going early, at least not much.
2254  Other / Beginners & Help / Re: WTB 1 BTC for 5.00 Dwolla on: May 10, 2012, 02:48:24 PM
It appears I was scammed last night out of $25 dwolla by a certain user who has not posted in this thread... I have given him til noon to complete the btc transaction before I release his info... Any advice appreciated, I'm really kind of pissed off right now with this whole bitcoin thing. It's very frustrating. Still, I will continue to buy for the moment. All offers considered! Post here. Liberty reserve also WTB.

You are pissed off at bitcoin? Would you get pissed off at pizza if the delivery guy never showed up?
2255  Bitcoin / Bitcoin Discussion / Re: So I was checking my referral logs ... on: May 10, 2012, 02:38:48 PM
When talking to adult entertainers about Bitcoin, and they ask "how can I spend these things?",  please remember to mention they can pay their rent with Bitcoin (if they live in Vegas).

I mean, that's awesome, but they'd probably have to move right?
2256  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: May 09, 2012, 10:14:02 PM
Easier access to the blockchain like this for reporting purposes will be very useful.  Thank you for doing this!

Once I fill it up a little more (with localized statistics and confidence bounds), I might modify the version of Armory I'm running to leverage the already-loaded blockchain.  That way, I can recalculate all the stats every 5 min and update a plot somewhere...

Why?  I don't know...  because I'm a statistician and I can.  Smiley

I guess I spent of lot of months online playing poker, and spent time on the 2+2 forums doing similar analysis to try to identify players or phenomenon that were suspicious.  I guess it's one way to keep the gambling sites honest...

Do you already have an account at Seals? The only thing easier for me to donate than bitcons is Seals chips!
2257  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: May 09, 2012, 10:11:22 PM
I'd prefer the good 'ole hold'em back. But I do like variety so switching them up is nice. Site is looking great but do change the font if possible. It is sometimes difficult to see the white <pot> text on top of the yellow logo text. Did the cards go on a diet ? They look skinny.

Otherwise, keep up the good work Smiley

general consensus seems to be two half hour 50's to choose from would be awesome. The new Omaha, and the classic Texas back again.

Hold'em will return, just showing off the new games. Two (well three I guess it would be) bonus games isn't going to happen. Do you prefer rotating games or back to good 'ole hold'em for that?

Either way there will be some Omaha freerolls and bonus tournies in the evenings over the week or so.

Haha yes, the cards are dieting. They needed to be smaller to fit for Omaha and it's all set up to have one card image so now they're all smaller. Maybe if we ever send out those shirts we'll include a magnifying glass.

The half hour is PLO Hi-Lo (aka PLO8) will leave it about a day and then back to Hold'em.

There is a 150 buy in PLO game on the hour now. Will leave it unless it runs infrequently.

The donkdown.com 10BTC freeroll will be PLO tonight.
2258  Economy / Speculation / Re: Seen this spike? on: May 09, 2012, 07:50:08 PM
the porn guys in general are quite conservative and write bitcoins off as a ponzi scheme, in my observation so far, quite strange especially considering the problems they are having with credit cards, but good because it leaves the market open for others to take advantage of

Doesn't really matter that most of them are. Eventually someone will see $$$ and buy or control existing biz to have a bitcoin backdoor (intended) for pure extra profit. Eventually it will be expected and old biz will adapt or die.

Might be mad money right now for working as an affiliate for a bunch of sites and taking coin. Sites won't have to know a damn thing about bitcoin.
2259  Economy / Gambling / Re: SealsWithClubs.eu - Active Bitcoin Poker Site, Open To All Players on: May 09, 2012, 07:37:47 PM
general consensus seems to be two half hour 50's to choose from would be awesome. The new Omaha, and the classic Texas back again.

Hold'em will return, just showing off the new games. Two (well three I guess it would be) bonus games isn't going to happen. Do you prefer rotating games or back to good 'ole hold'em for that?

Either way there will be some Omaha freerolls and bonus tournies in the evenings over the week or so.
2260  Bitcoin / Development & Technical Discussion / Re: Output upkeep costs on: May 09, 2012, 03:17:50 PM
I'm not sure of anything, my understanding is shameful given how long I've been here, but here's a thought.

As mining becomes more memory intensive the job can be split up. There may be unions of miners who each hold part and make payments to each other based on the balance of queries vs answers. This would result in the user having to pay the miners cost. Maybe instead of 'unions' it'll just be supernodes that you can buy a subscription from.

It is the future tx issuer who wants that info available, not the past user. And if it becomes arduous to have that available he'll have to pay to have someone pull it out of the archives to make his tx confirm.
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