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241  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 14, 2015, 08:39:29 PM
...
Keep in mind the market would not have absorbed 5000 shares at the peak price...

Just like the market won't absorb 5k shares today, at the not-so-peak price Smiley
Much less slippage in BTC price though.

Well - as the title of the thread goes, ASICMINER entered the future of ASICMINING by inventing it. But couldn't go much further than that.

Congrats to all those who made a profit. As usual the name of this game is get as many bitcoins as you can.
242  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 14, 2015, 08:03:54 PM
At 0.013 its half tempting to pick up 5k chares through Havelock just to be able to demand direct info from the board and Dave.

It would still be fairly expensive even at 0.013 5000 shares is 65 BTC
@ 300 USD = $19,500

At 0.013 its half tempting to pick up 5k chares through Havelock just to be able to demand direct info from the board and Dave.

It was a nice dream while it lasted, with a honeymoon period and then a slow then steady decline


Obligatory depression post:

5000 shares at the peak of AM = 30,000 BTC+ @ that times BTC price = $150 BTC) = 4.5 million
Today: $18k and change.

Keep in mind the market would not have absorbed 5000 shares at the peak price. Anyone know the liquidity/slippage back when it was 5BTC or so a share?
243  Economy / Speculation / Re: 21Inc $110m+ BTC Price Index over next 2 weeks ~$400? on: March 14, 2015, 11:37:09 AM
Of course the ASIC job posting can be to mislead.
244  Other / Meta / Re: Spam/spearphishing message on: March 13, 2015, 02:04:22 PM
Just got a message from a new user (patrick2902) with the link : http://steamcommunity.com/          profiles/            76561198034912521
I inadvertently clicked it, not something I normally do.

Page seems clean to me but anyone want to check it? This probably went to other users as well - how to report this account to admins?

Thanks

Use the button "Report to admin" , in the right side of the personal message.
Whoops, did not see that. Thanks. Done.
245  Other / Meta / Spam/spearphishing message on: March 13, 2015, 01:50:46 PM
Just got a message from a new user (patrick2902) with the link : http://steamcommunity.com/          profiles/            76561198034912521
I inadvertently clicked it, not something I normally do.

Page seems clean to me but anyone want to check it? This probably went to other users as well - how to report this account to admins?

Thanks
246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2015, 04:49:56 AM
Why exactly is Bitcoin rallying? Nothing has changed.

Exactly. Nothing *has* changed. In my opinion, all Bitcoin has to do to succeed is not fail.

By what metric? And what do you mean when you say Bitcoin, the Software, the Community or the use as a Payment Infrastructure?
Because I think it ultimately failed on the latter two accounts with The Goxxing. (or if you believe GOX the former one....)

It is still here, still being traded at a decent price and still has growing infrastructure and investment. Gox was an incident but was far from Bitcoin failing.
Indeed the recent news about additional venture capital around 120 million from 21jobs shows that the system is still growing strong
Gox did hurt but it definitely did not kill bitcoin
We have a long way to go yet and it's constantly moving.

Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp  Roll Eyes ) can have such catastrophic effect...growing pains

+1, antifragile.
247  Economy / Speculation / Re: The Bitcoin Rally Song! on: March 04, 2015, 01:16:43 AM
Who else is listening to this right now? Wink
248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2015, 12:55:49 AM
FINMA, NYSE, WSJ on board ... the regulators are these guys poodles, the 'announcement' for bitcoin NY regs is just fuel for their bubble.

People who I forgot i told about the coin ringing, texting. emailing wanting to know how to get in ... can't really be bothered with them now honestly.


Most don't know good advice when they hear it.

Please take the time to help them.  Broad adoption is the best way to success.
I have counseled dozens over the years but most only want to make a few quick USD. Only one has gotten rich. Whereas I am an ideologically motivated hodler.
249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2015, 12:40:26 AM
FINMA, NYSE, WSJ on board ... the regulators are these guys poodles, the 'announcement' for bitcoin NY regs is just fuel for their bubble.

People who I forgot i told about the coin ringing, texting. emailing wanting to know how to get in ... can't really be bothered with them now honestly.


Most don't know good advice when they hear it.
250  Economy / Speculation / Re: Presenting the 670-day Bitcoin price cycle on: March 03, 2015, 10:42:59 AM
Can we get an updated graph?
251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 11:23:12 PM
Lotto winners and professional athletes/musicians who come from humble beginnings run into this problem all the time---they underestimate how expensive a "rich" lifestyle is. Not to mention you have family and friends who feel entitled to handouts coming out of the woodwork.
Couldn't be more true, sadly.
252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 08:03:53 AM
Less than $700k on bfx needed to get us to $268.
253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2015, 07:19:24 AM
Hovering right around 260... None of us forget 266.

Let's not forget 2/3s of coins will be mined by April 1st.
254  Economy / Speculation / Re: Echoes of the past on: February 23, 2015, 11:50:59 PM
Bump. Not long now.
255  Bitcoin / Development & Technical Discussion / Re: BIP 66 status (miners' votes) on: February 20, 2015, 08:09:44 PM
Following.

Is there a page which lists what % of the network has upgraded to 0.10.0?
256  Bitcoin / Bitcoin Discussion / Re: Original November 2008 version of the Bitcoin paper on: February 09, 2015, 07:14:23 PM
Might anyone have Satoshi's pre-release draft?

He mentioned it in an email to Wai Dai.

Quote
From: "Satoshi Nakamoto" <satoshi@anonymousspeech.com>
Sent: Friday, August 22, 2008 4:38 PM
To: "Wei Dai" <weidai@ibiblio.org>
Cc: "Satoshi Nakamoto" <satoshi@anonymousspeech.com>
Subject: Citation of your b-money page

I was very interested to read your b-money page.  I'm getting ready to
release a paper that expands on your ideas into a complete working system.
Adam Back (hashcash.org) noticed the similarities and pointed me to your
site.

I need to find out the year of publication of your b-money page for the
citation in my paper.  It'll look like:
[1] W. Dai, "b-money," http://www.weidai.com/bmoney.txt, (2006?).

You can download a pre-release draft at
http://www.upload.ae/file/6157/ecash-pdf.html  Feel free to forward it to
anyone else you think would be interested.

Title: Electronic Cash Without a Trusted Third Party

Abstract: A purely peer-to-peer version of electronic cash would allow
online payments to be sent directly from one party to another without the
burdens of going through a financial institution.  Digital signatures
offer part of the solution, but the main benefits are lost if a trusted
party is still required to prevent double-spending.  We propose a solution
to the double-spending problem using a peer-to-peer network.  The network
timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without
redoing the proof-of-work.  The longest chain not only serves as proof of
the sequence of events witnessed, but proof that it came from the largest
pool of CPU power.  As long as honest nodes control the most CPU power on
the network, they can generate the longest chain and outpace any
attackers.  The network itself requires minimal structure.  Messages are
broadcasted on a best effort basis, and nodes can leave and rejoin the
network at will, accepting the longest proof-of-work chain as proof of
what happened while they were gone.

Satoshi
257  Bitcoin / Bitcoin Discussion / Re: Original November 2008 version of the Bitcoin paper on: February 09, 2015, 01:56:42 PM
So DST started Nov 2, 2008 but it's odd that the TZ moved in the wrong direction, if I am reading this right.

Original : /CreationDate(D:20081003134958-07'00')>>
2009 revision : /CreationDate(D:20090324113315-06'00')>>

03 Oct 2008 is -7
24 Mar 2009 is -6

I don't know whether it is relevant, but daylight savings changes in the Southern Hemisphere (early April and early October in Australia, for example) are opposite to those in the Northern Hemisphere.
Great point. Here is a map of DST around the world, blue is where it is used : https://en.wikipedia.org/wiki/Daylight_saving_time#mediaviewer/File:DaylightSaving-World-Subdivisions.png

And a map of timezones: https://upload.wikimedia.org/wikipedia/commons/8/88/World_Time_Zones_Map.png

So it doesn't look like DST is used in any country in the -6 or -7 TZ below the equator. (There are no countries south of the equator in -6 or -7.)
258  Bitcoin / Bitcoin Discussion / Re: Original November 2008 version of the Bitcoin paper on: February 09, 2015, 10:03:41 AM
By the way, the "CreationDate" attribute of the PDF states 20081003134958-07 for the first version and 20090324113315-06 for the second version, so it looks like the timezones of the creating computer(s) were american. According to DST rules, both would fall into the daylight saving time date range, so this were either two separate computers set up for different timezones, or one computer that was switched from one timezone to another one.

I believe this is incorrect. DST started Nov 2 in 2008 : http://www.timeanddate.com/time/dst/2008.html

I agree it is a bit weird the hash is only mentioned on the web recently...

Edit:
So DST started Nov 2, 2008 but it's odd that the TZ moved in the wrong direction, if I am reading this right.

Original : /CreationDate(D:20081003134958-07'00')>>
2009 revision : /CreationDate(D:20090324113315-06'00')>>

03 Oct 2008 is -7
24 Mar 2009 is -6

Edit: DST ended, not started.
259  Bitcoin / Bitcoin Discussion / Re: Original November 2008 version of the Bitcoin paper on: February 09, 2015, 09:46:48 AM
I wrote to the Cryptography mailing list looking for the original paper recently : http://www.metzdowd.com/pipermail/cryptography/2015-January/024433.html

I want to be sure this is not a forgery.

Could you post Satoshi's entire email here?
260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 26, 2015, 02:04:37 PM
I'm trying to get to the exchange from India and I receive the message : "Coinbase Exchange is not yet available in your state."

But I am a US citizen previously based in NC! Oh regulations...
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