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2381  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ripple Currency: The Favor on: February 26, 2013, 08:27:23 PM

What would happen?


Speculators would jump in and soon favours would be traded for BTC. Increasing the actual costs of favours to a amount where there couldn't be used for there once intended purpose anymore.

Soon after that [Enter Very Nice Guy] comes along and crashes the price buy selling Millions of favours.
2382  Bitcoin / Press / Re: 2013-02-26 wired.co.uk - Announcing 'Wired Money': a one-day summit about disrup on: February 26, 2013, 07:43:03 PM
Quote
Peter Vessenes, CEO of Bitcoin.

When did that happen?

Was there a vote or something?



...

Besides this little accident, seem like a interesting Conference
2383  Bitcoin / Press / 2013-02-26 wired.co.uk - Announcing 'Wired Money': a one-day summit about disrup on: February 26, 2013, 07:42:08 PM
Press Announcement:

Quote
Announcing 'Wired Money': a one-day summit about disrupting finance
Wired has announced a one-day summit, Wired Money, that will focus on innovations, technologies and business models disrupting the financial sector.

Wired Money will explore all aspects of this industry, including personal finance, market trading, big data and finance, crowd funding, payments, the digital economy, innovations in money management, and security and privacy.

Confirmed speakers at the event include Grey Baker of Gocardless; Errol Dammelin, Founder & CEO of Wonga; Jacob de Geer of iZettle; Paul Hawtin, CEO & Founder of Derwent Capital Partners; John Lunn, Global Director of Paypal; Anne Pascual, Design Director of Ideo; Entrepreneur Kevin Slavin; and Peter Vessenes, CEO of Bitcoin.

"We're excited to launch this new one-day conference on the disruptive ways technology is transforming the worlds of finance and transactions," said David Rowan, Editor of Wired magazine. "Wired Money builds on the success of Wired's acclaimed two-day conferences each October, where we bring together expert international speakers and a high-quality crowd to explore the trends that are reshaping our world."

Hosted at Canary Wharf's soon-to-open Level39, home to Europe's largest accelerator space for finance and retail technology start-ups, the event will be a haven for disruptive thinking and innovation.

For more information, and to buy tickets, visit wiredmoney.co.uk.

Source: http://www.wired.co.uk/news/archive/2013-02/26/wired-money
2384  Local / Off-Topic (Deutsch) / Re: versteht ihr Ripple? on: February 26, 2013, 07:24:41 PM
Sollte so laufen.

Wenn sich noch 2 Freiwillige finden können wir ja mal versuchen 0.1 USD oder so im Kreis zu schicken, ob sich das dann auch wieder auflöst.
2385  Local / Off-Topic (Deutsch) / Re: versteht ihr Ripple? on: February 26, 2013, 06:11:01 PM
Soweit ich das verstehe (kann da durchaus falsch liegen) ist Der Zweck der XRP, das System vor Spam zu schützten, damit es nicht überlastet wird.

So muss man 200 XRP haben um einen Account zu öffnen und 50 um jemanden Vertrauen zu geben.

Jeder Transaktion kostet dann ein paar mXRP.

Soll also einfach verhindern, dass jemand 1000de Accounts öffnet untereinander verlinkt und wild IOUs rumschickt.

Falls ich das falsch verstanden habe korrigiert mich.
2386  Local / Off-Topic (Deutsch) / Re: versteht ihr Ripple? on: February 26, 2013, 05:42:51 PM
Habe 40k XRP in 0.8 Bitcoins umgesetzt, erschien mir die logischere Entscheidung.

Wärst du so nett zu beschreiben, wie genau du das angestellt hast? Smiley

Aber echt.

Ist echt faszinierend, dass Leute gleich anfangen diese XRPs zu kaufen.

Sinn und Zweck von den Dingern schön missverstanden.
2387  Bitcoin / Development & Technical Discussion / Re: How a floating blocksize limit inevitably leads towards centralization on: February 26, 2013, 01:42:30 PM
If you understood markets regulated strictly by consumption i.e. free markets you'd know that if there is no barrier to entry ... and there are huge profits to be had it is impossible to arrive at a monopoly service provider

I'd love to learn. How about an example?

Basically everything almost everyone can do.

Opening a bar / cafe / restaurant / online shop.

No monopolies there. Some big players (MC Donalds, Starbucks, Amazon etc.) yes. But only because they are more efficient (cheaper). As soon as they try to exploit this position to increase their profits, new big players would step in.

And you can see this companies are really trying hard to build artificial barriers to make competition harder, but haven't succeeded yet.

An example where there is some success with artificial Barriers are ERP systems for companies, though.

Basically it would be possible for a decent programmer with some business skills to make such a program and the possible profits are enormous, but the big players (Microsoft, SAP, etc.) are working together to make their products more compatible across their platforms to make new competition harder.

Well with mining there is no better, all miner deliver the same quality so a monopoly is out of the question. And if more profits are to be had in mining more miners, small and big will eventually come online.

If we are to regress to a similar example, Apple is well known for having the most flexible, adaptive, highest capacity and most cost efficient smartphone manufacturing capabilities. For the most part, much of this ability is attributed thanks to simply them being the biggest (now second biggest) player in the market. No factories would do the things they do for other smartphone manufacturers like they do for Apple, because everybody wants to be part of Apple's business. The only player able to dethrone Apple happens to be another huge manufacturer with years of experience and having in advance all the in-house capabilities to run such an operation (Samsung). No other competitor ever managed to just "come online". You and I cannot make smartphones - we won't even cover the initial capital investment because everyone is buying Apple and Samsung.

Apple has no production (to speak of) of its own. They are basically only doing design
(and I mean design not development) and software (and in some rage the end manufacturing).

Everything else is done by EMS providers.

And no one is doing business with apple because he wants to be part of Apple's business. They are doing it because there is money to be made.

Also, the entry barrier to make phones is not very high. Apple hat a bit of a innovator advantage in this sector, but this is already crumbling.

The Hardware for a smartphone is not high tech anymore and Android as OS takes away the software advantage.

The rest that remains are artificial barriers (I-Tunes, App Store, Coolness Factor, Patent-Bullsh***). But these can be very efficient.
2388  Bitcoin / Development & Technical Discussion / Re: How a floating blocksize limit inevitably leads towards centralization on: February 26, 2013, 01:19:06 PM
Your problem is your lack of knowledge in economics. If you understood markets regulated strictly by consumption i.e. free markets you'd know that if there is no barrier to entry (and there isn't one in Bitcoin, all you need is a capital investment to be a miner, no laws or regulations that would stop anyone to become a miner) and there are huge profits to be had it is impossible to arrive at a monopoly service provider unless that service provider does the job better and cheaper than anyone else. Well with mining there is no better, all miner deliver the same quality so a monopoly is out of the question. And if more profits are to be had in mining more miners, small and big will eventually come online.

So throwing money at the problem of security is precisely what you want to do in this situation if your goal is more miners more decentralized.

I absolutely agree here, despite one point. A marked with no (or very low) entry barriers can't be very profitable. In such a marked new players enter constantly until the profit margin becomes very low.

As soon as this point is reached, big players that are more efficient sort out the competition.

Therefore monopolies, or at least a marked with very few players can and will form.

The only point is, as soon as this players try to exploit their position in this marked, they immediately open space for new players to enter again.
2389  Bitcoin / Development & Technical Discussion / Re: [PATCH] increase block size limit on: February 26, 2013, 09:27:55 AM
The current upgrading tendencies are not really an accurate prediction of how it will be with the fork. The fork, when and if it's decided, is a super high profile thing. It would also likely be something that's already felt by the users (higher fees perhaps?), so they would most likely upgrade significantly faster than with regular patches. That being said, they would likely not upgrade super fast regardless, so months are needed at least.

Could it not be simply introduced, that miners with the patch "mark" their blocks somehow and as soon as say at least 80% of all blocks are "marked" a countdown activates (maybe 20,000 Blocks) to give the remaining 20% some time.
2390  Economy / Goods / Re: [WTS] Tinfoil Hats - Different Designs - Limited Time: Free Dowsing Rod on: February 24, 2013, 09:00:07 PM
How much for the propeller cap?...

Like described, all materials needed are shipped for only 0.5 BTC.

Including the free Dowsing Rod (unbent).
2391  Local / Off-Topic (Deutsch) / Re: Würdet ihr gerne "Seeder" aus dem Forum bannen? on: February 24, 2013, 08:06:44 PM
Seeder ? Was ist das (ehrlich erklär mir das mal einer)?

Du liehst also wirklich nie die deutschen Threads, oder?

Klick dich einfach mal durch die Threads hier auf der Hauptseite dieses Boards. Dann findest du das ganz schnell raus  Grin
2392  Local / Anfänger und Hilfe / Re: Gesicherte Brieftasche wieder verwenden. on: February 24, 2013, 06:33:28 PM
Du hast eine .dat datei gespeicher, oder?

Diese in Wallet.dat umbenennen und dann damit die Wallet.dat unter Eigene Dateien\AppData\Roaming\Bitcoin überschreiben.

Nicht vergessen vorher diese Wallet auch zu sichern.
2393  Local / Treffen / Re: Jemand aus Südwest-Deutschland? on: February 24, 2013, 05:32:50 PM
Stuttgart... Süd-Süd-West?
2394  Economy / Goods / Re: [WTS] Tinfoil Hats - Different Designs on: February 24, 2013, 03:11:43 PM
How about a tin foil Guy Fawkes mask?

We are sorry, but in order for our products to deliver sufficient protection, it is necessary that they fully cover your Parietal lobe.

Therefore we are unable to deliver masks.

Rest assured that our R&D is working on a solution for that problem and we believe we are close to a breakthrough that may change the world of Tinfoil hats.
2395  Economy / Goods / Re: [WTS] Tinfoil Hats - Different Designs on: February 24, 2013, 02:38:22 PM
I have tested this. Aluminum just is not effective.

Personal opinion may differ, but extensive Tests in our Lab have clearly proven that Aluminium increases protective abilities, by reducing weight at the same time, compared to Tin.

2396  Economy / Goods / Re: [WTS] Tinfoil Hats - Different Designs on: February 24, 2013, 01:49:20 PM
Seems like a scam. The hats are clearly aluminum. If they are in fact tin i am intetested.

Our R&D department was working hard to develop a hat that delvers improved protective capabilities to tin by increasing the comfort of wearing them at the same time.

We can insure you that our hats will serve all you mind protective needs.

During the research to deliver optimized protective hats our product name hasn't changed. We are sorry if this has led to confusion.

For slightly increased costs we are still able to supply you with materials to manufacture a 1900 model of our hats.

2397  Economy / Goods / Re: [WTS] Tinfoil Hats - Different Designs on: February 24, 2013, 01:34:49 PM
Do you sell tinfoil hats for pets by any chance? My dog is in need of protection against MKULTRA!!!

Of course! Our company follows a strict non speciesism policy. Therefore we try hard to offer protective hats for all earthlings (and beyond). But due to low demand we are currently only able to offer hats for cats, dogs and mutant space rats.





2398  Economy / Goods / [WTS] Tinfoil Hats - Different Designs - Limited Time: Free Dowsing Rod on: February 24, 2013, 12:55:53 PM
Fellow Bitcoiners.

We are happy to announce that the Ethereal Protection Agency GmbH&Co KG now offers its Protective hats for Bitcoin.

Our range of Products covers all needs for the trendy conspiracy theorist.

You want to protect you mind from the government and want to wear a stylish hat at the same time?

Then our Products are exactly what you need.

You want to go classy while being save from mind reading beams?

Our model "Top-hat" fits your needs:



Or want to enjoy the middle age market, but you are afraid from CIA Agents? Wear our model "Knight":



You like to relax at the beach, but can't leave your house due to satellites spying on you? Our model "strand hat" will help you:



For the casual nutjob we have our models "Texas" and "Baseball":





Our product range covers all kind of hats you may need:



Due to the fragility of our products we are sorry that we are unable to ship them in assembled form.

But for only 0.5 BTC (excluding shipping) we will ship you all the materials you need to build the hat of your choice:



Order now and receive a Dowsing Rod (unbent) for free:

2399  Other / Off-topic / Re: Bitcoin = Code geass? *Coincidences on: February 23, 2013, 11:32:28 PM
This show was crap.  Angry
2400  Alternate cryptocurrencies / Altcoin Discussion / Re: ripple: let's test it! on: February 23, 2013, 11:08:26 PM
I had the same problem.

Log out. --> Log in again. --> fixxed.
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