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2361  Bitcoin / Bitcoin Discussion / Re: Is it time to switch to satochis ??? on: August 30, 2013, 07:26:49 PM
*satoshi's

so satochi's is the plural of satochi ?
No and no. You both got it wrong, though HeliKopterBen was 99% correct.
Wrong. He was 88.89% (rounded to hundredth) correct.
2362  Other / Off-topic / Re: Not only is BTC hash rate spiking....so is TOR's network. But why? on: August 30, 2013, 12:10:44 PM
Likely
What's the difference between PirateBrowser and the Tor Browser Bundle?
PirateBrowser is not "privacy-secure." It doesn't take measures to hide your identity. Your IP address, for example, is visible. It exists solely to access blocked sites, but you certainly wouldn't want to use this for anything sensitive. For this tradeoff, traffic isn't bouncing around nodes as much like with the standard Tor FF browser, which results in a much faster browsing experience, and lower strain on the Tor network.

(allegedly -- I'm just going off articles I read)
2363  Other / Off-topic / Re: Not only is BTC hash rate spiking....so is TOR's network. But why? on: August 30, 2013, 11:26:27 AM
Almost definitely PirateBrowser.

http://news.cnet.com/8301-1009_3-57598287-83/pirate-bays-censor-thwarting-browser-snags-100000-users/

(note that was from the 13th)
2364  Bitcoin / Mining / Re: Satoshi proposed a gentlemans agreement to postpone GPU mining (2009) on: August 30, 2013, 09:51:30 AM
This was before it was relatively easy to simply purchase coins, so new users, unless they begged or used a faucet, were practically required to mine BTC to use it. Making BTC more difficult to mine would've limited adoption.

Not true.
In these immemorial times mtgox was still unctional, at some point accepted paypal, and credit cards through liqpay.
Oh - my bad. Alright, people could've sent money to a just-established trading card exchange for BTC.  Tongue

ETA: Guess I did say easy, not confidence-inspiring.
2365  Bitcoin / Mining / Re: Satoshi proposed a gentlemans agreement to postpone GPU mining (2009) on: August 30, 2013, 09:27:26 AM
This was before it was relatively easy to simply purchase coins, so new users, unless they begged or used a faucet, were practically required to mine BTC to use it. Making BTC more difficult to mine would've limited adoption.
2366  Bitcoin / Press / Re: 2013-08-29 Bitcoin Volatility Approaches 2013 Lows Despite Compromised Security on: August 30, 2013, 08:43:37 AM
SR's still up, and I think everyone trusts DPR to actively protect them like a magical father-figure enclosing them all in a dome while the world burns. Tor also fixed the problem in their FF bundle before it was exploited. Only outdated versions were vulnerable. Further, there are now established alternatives if SR fails -- they're no longer theoretical sites which may pop up overnight if SR fails.

I don't think the news and lack of movement shows resilience in the BTC price (nor lack of dependence on SR and clones) so much as it showed trust in DPR and the resilience of SR. (author mentioned this as a possibility)
2367  Bitcoin / Mining speculation / Re: STOP WITH THE 2 MONTHS BULLSHIT on: August 29, 2013, 11:48:26 PM
Yeah, yeah - you're just terrified the hashrate will spike in two months when the BFL Dreamliners Monarchs are delivered.
2368  Other / Beginners & Help / Re: What happens to unconfirmed transactions? on: August 29, 2013, 11:20:23 PM
I did a transaction 2 days ago.

http://blockchain.info/tx/33bce9a9251505167fa398acd402267997ba460b1e060194831006299d1ad3fb

I send some low amount of BTC to this address: http://blockchain.info/de/address/194Mr3uhK6Dq9cvU6tjvGZCLtiTftk4Hxd

But unfortunately, it does not get confirmed.

What happens to unconfirmed transactions?

Will they be cancelled after a certain amount of time? Will I get my BTC back?
"Warning! this transaction is a double spend of 86792084. You should be extremely careful when trusting any transactions to/from this sender."

Your transaction to 1QfhUBWQ7dqfJECPnAuBjt7jcX9FBaox4 confirmed, but the transaction to SDice did not (and will not). It will eventually be ejected from the block queue, and that'll be that.

Tx in OP is now confirmed. For faster confirmations, add a larger fee (.0005 is usually the minimum for relatively quick inclusion, .001 in some instances -- if the transaction's important, .01 is still a pretty cheap fee for inclusion in the next block) and make sure you're connected to many nodes.
2369  Other / Off-topic / Re: [Poll] Tell me if you are who I think you are... on: August 29, 2013, 11:05:08 PM
The poll options are pretty self-explanatory, I guess:

8 combinations of ethnicity/gender/age range. (order sloppily randomized)

Please don't get too hung up about the, admittedly crude, distinctions like "white" vs. "non-white", or the binary gender choice, the format of this poll doesn't allow for much nuance.


Why am I asking those questions anyway, you might wonder. Because I believe that we are now still in the early stage of the history of bitcoin in which the wealth distribution is (largely) determined. This phase won't last forever, however. And if bitcoin is anywhere near as successful as many here think it is, bitcoin wealth distribution will eventually become general wealth distribution.

Maybe you can see why I would wonder then, what is the composition of our little group of early investors, speculators and adopters. I have a pretty big hunch what the result will look like, but I'm ready to be surprised.

Thanks for participating, by the way.
Here ya go, bro -- https://bitcointalk.org/index.php?topic=264649.0
2370  Other / Off-topic / Re: Advice needed for starting an IPO on: August 29, 2013, 10:59:27 PM
As you might know or have heard 3-6dice.com is a gambling dice game , and we recently crossed 10,000 bets , that is considering the new game came out less than 5 days ago. I am thinking of raising some amount for the new android/iphone version for the game and also for increasing the bankroll so that bigger bets can be made. So my question is how i start with this . Is IPO a good option ? I am a complete noob in this and would thus really appreciate some advice on how to go forth . What would be needed and how it works.

Regards,
axorb

Hey axorb,
 there is acouple of things you might want to think about before you into wanting to do IPO:
Pros: allowing others in the crypto currency community a chance to be involved in your business, the fun of creating a security
Cons:It take alot of work to get business plan and shareholder agreement, forecasts done and it involves alot of transparent reporting to shareholders (or bondholders) of how the business is going and weekly dividend payments

Given the amount of effort that is involved I would only look at a IPO if raising more than 250BTC.

otherwise I am sure you could come up with a lighter business plan and get 1-4 investor on board without all the paperwork.
Have you worked out approxamaitely how much you need?
This is good advice. You should also consider the cost to just list the security somewhere (~2-10BTC a few months ago). There's a lot of regulatory risk you're exposing yourself, your business, and others to by offering an IPO (without country restrictions). You're risking a clusterfuck if the securities exchange should go offline, or if the operator runs off with funds. Offering something to the public generally comes with a lot of extra work you could otherwise be spending on development, especially if you have someone difficult to deal with. There are a lot of cons, but you can raise hundreds of BTC or more within a few weeks with solid stats, a long and reputable history, and a good plan.

I'd argue against it unless you're looking to raise hundreds of BTC and you're sure this is absolutely necessary to develop.
2371  Economy / Lending / Re: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available on: August 29, 2013, 10:35:49 PM
Oh.... I jumped to an assumption from the post in the other thread. You can safely disregard my email now, unless you don't want to...  Smiley
2372  Economy / Service Discussion / Re: Tradehill and IAFCU? on: August 29, 2013, 09:40:49 AM
Tradehill is likely very interested in a more intimate partnership with a CU which may allow them to bypass MSB licensing... It doesn't make sense for them to simply switch which institution they use for processing and not notify everyone, though.

Jered's not easy to contact. Best bet would probably be for someone curious to go to 20Mission and ask in-person.

I went by 20 Mission a few weeks ago, no one was around and their was a commercial for-lease sign in the window. Are they still around?
Pretty sure. Their page was updated not too long ago. http://www.20mission.com/

I have to go to Rainbow Grocery tomorrow. While I'm down there I'll try again.
There are two addresses. Looks like it's a very short distance from each other, but not on the same block. I'm unsure which is more likely to contain Jered.

Living Space – 3491 20th Street
Working Space – 2415 Mission Street
2373  Economy / Service Discussion / Re: Tradehill and IAFCU? on: August 29, 2013, 09:18:31 AM
Tradehill is likely very interested in a more intimate partnership with a CU which may allow them to bypass MSB licensing... It doesn't make sense for them to simply switch which institution they use for processing and not notify everyone, though.

Jered's not easy to contact. Best bet would probably be for someone curious to go to 20Mission and ask in-person.

I went by 20 Mission a few weeks ago, no one was around and their was a commercial for-lease sign in the window. Are they still around?
Pretty sure. Their page was updated not too long ago. http://www.20mission.com/
2374  Bitcoin / Press / Re: 2013-08-28 RoboCoin, The First $20,000 Bitcoin ATM, Now on: August 29, 2013, 09:02:40 AM
Are there readily available alternatives to US AML compliance which don't involve scanning blood vessels and face-matching?

I'm stoked about this, but it really does send an "oh my God, no!" chill down my spine
2375  Economy / Service Discussion / Re: Tradehill and IAFCU? on: August 29, 2013, 08:44:46 AM
Tradehill is likely very interested in a more intimate partnership with a CU which may allow them to bypass MSB licensing... It doesn't make sense for them to simply switch which institution they use for processing and not notify everyone, though.

Jered's not easy to contact. Best bet would probably be for someone curious to go to 20Mission and ask in-person.
2376  Bitcoin / Press / Re: 2013-8-28 Casey Research: Bitcoin Is the New Napster… and That’s a Good Thing on: August 28, 2013, 10:10:37 PM
Quote
Bitcoin Is the New Napster… and That’s a Good Thing

Wrong! E-Gold and Liberty Reserve were Napster. Bitcoin is the BitTorrent of money.
I agree with this. Bitcoin has strong potential to strengthen the surge of the informal economy, which has been very strong since the depression 6-year-recession. BITCOIN isn't being (and cannot be) regulated by governments  -- registered businesses (like LR/e-gold) are.

If the government over-regulates businesses willing to comply, people will simply abandon them, and the government, in such a case, loses all control. I doubt the business would move to Canada (unless you take the likely-necessary additional step of dropping US customers altogether, which leaves you with a relatively tiny market). I think it'd just move to Tor. The Bitcoin Foundation, then, is effectively doing the work of governments, in trying to encourage compliance -- but this is not some exclusively pro-state thing. It's work necessary for the really BIG innovations which reach the masses. You can't have a ten-thousand person corporation hiding behind Tor.

If government doesn't reconsider their aggressive posture, they'll kill off those potential revolutionary innovations while losing more ground to the informal economy. The ball's in governments' court. (of law? Probably a joke in there somewhere... damn I'm tired...)
2377  Bitcoin / Bitcoin Discussion / Re: Someone sending out MilliBits on: August 28, 2013, 09:42:03 PM

They are trying to entice the addresses to consolidate the funds, thus proving linkages between addresses in order to defeat pseudonymity.

Before the RNG bug was well known, some people were also using this technique to trying to entice spends from addresses from devices with weak RNG so they can perform a private key disclosure.

Will
This behavior has been happening since almost the beginning of Bitcoin. This is the conclusion arrived at last time I saw a discussion on it (though it wasn't related to RNG flaw). It's difficult to really determine why it happens, though. AFAIK, they haven't been connected to thefts of coins from people who've ever received them. Other theories are more tin-foil-y.  Smiley
2378  Other / Beginners & Help / Re: progressive bitcoiners? on: August 28, 2013, 05:17:19 PM
Bitcoin's a tool, not (necessarily) some soap box microphone.

Bitcoin can be used to change the world, and the change it brings is solely in the hands of the users. The change is not predefined, and it may not be something we want, so it's up to us to use the tools in a way we find to be "good."
2379  Other / Beginners & Help / Re: you almost die before reply on: August 28, 2013, 12:05:18 PM
Well - quit wasting your time. Create & post an essay, infographic or whatever for a whitelist. Good chance to really let people get to know you, too. Offer's still open though nobody's taken me up on it. https://bitcointalk.org/index.php?topic=271893.0
2380  Economy / Service Discussion / Re: Escrows Reputation: Whitelist Ranking|Blacklist too - Must read before using it. on: August 28, 2013, 08:04:07 AM
Could I be added since I'm getting a lot of referrals with John away for a bit? Free/tips unless Cas' three-party escrow tool is used, then a minimum of .1BTC or 1% of transaction, whichever's greater.

Escrow sheet w/ previous & current transactions @ https://docs.google.com/spreadsheet/pub?key=0Ao892S4MOoDZdFFTc0tFbWVxUTZFVzVOMWxzV3pkclE&output=html

(BTC only, won't touch anything where a chargeback or account reclaim is possible, GPG available on request)
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