JR,
what's up with Odom leaving Monetas? I only know one side of the story right now, so I can't really say. Why aren't more people talking about this? OT was supposed to be huge for Bitcoin, it was Chris' baby for a long time now... well i tried |
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Was satoshis intent to allow for a gold backed bitcoin No since there is a reason he chose 21 million units based on amount of gold oz estimated that will be mined? and no. I might be wrong, but thought there was some programming reason why there are 100 million sats in a bitcoin. That might also be why he chose 21 million total coins. that was Vitalik in an article coupla years ago. it was interesting. |
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Thankfully my coins are clean so whitelisting for me would only be a disaster insofar as it would destroy any reason whatsoever for anyone to used Bitcoin and thus the solution (and my stash) would eventually die. I'd either cash out before it dawned on people that Bitcoin was useless, or hope that a following system would start out where Bitcoin left off vis-a-vis a value base. Probably some combination of both.
i'd bet you have a few of MyBitcoins theft in your stash: https://bitcointalk.org/index.php?topic=548508.0 |
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That's just a bunch of FUD. Tainting coins has not worked once in Bitcoins history. You may define down, or otherwise minimize, as rigorously and deflectively as you like the term 'tainting.' smooth and I prefer the functional definition, elucidated via praxis. IE, if you wish to move your coins, but are prevented from doing so by consequence of some third parties' ostensible interest in them rather than technical obstacles, they are by the common understanding 'tainted.' The nightmare scenario for you Old Whales is a whitelist, where by default movement of all non-permitted coins is forbidden. Did you read the linked reddit discussion? Peter Todd makes some good points in this area, albeit on the shaky grounds of the slippery slope trope. i think BTC-e is temporarily deluded at best. first, they have no clear way of proving which coins were stolen. it makes no sense that the thieves would send stolen coins directly to BTC-e for sale w/o a few intermediate hops at least. similarly, "mule" activity can only be suspected, not proved. secondly, while i agree BTC-e has the right to choose to behave as they wish (it being a free mkt), the consequences of such actions will be to destroy their own business as internet of money (Bitcoin) will choose to route around them if their behavior persists. thirdly, i doubt they're acting out of pure ethics; the behavior is suspicious as the owners have been anonymous from the beginning making this freezing of coins highly suspicious. my bet is that they had some of their own coins on Evo and they're just trying to retrieve them. thirdly, do you really think they will just freeze the coins and then destroy them? hell no, they'll eventually have to decide to return them to their rightful owners, destroy them, or turn them over to some law enforcement agency (think DOJ). in the first instance, those owners will then merrily go off and spend those coins freely as if nothing happened and recipients of those coins will do likewise. in the second instance, destroying them would be an untenable act as the rightful owners (if they can even be identified) would scream bloody foul again destroying their customer base. if they try to hold them "forever", suspicions will arise that they might eventually spend them themselves (BTC-e). in the third instance of turning them over to DOJ or some gvt (and here's the real zinger) what do you think they would do with them? Voila! we already have 3 instances of exactly what the feds would do: auction them off. and this is where the ultimate hypocrisy comes from all this moral and legal parsing going on about this tainting issue. when gvts believe they have the moral authority to do what's right for them and them only (auctioning and running off with the proceeds from "illegal activity") they undermine confidence in themselves from the viewpoint of the people. i know that when i see these auctions going off on SR coins or the auction the Aussie authorities are planning, i think hypocrisy, ie theft. this is why the Bitcoin community will ultimately give those tainted coins a pass and accept them in everyday trade. if the gvt can do it, so can they. this "pass" just takes time. in 2 wks, this Evo thing will have blown over. furthermore, if the community refuses to do this, it means the end of Bitcoin as what is paramount is the principle of fungibility. |
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Gold up, Bitcoin down in the last few days, folks.
Although in the grand scheme of things it is all versus the US dollar (the king). I don't think Bitcoin and gold are correlated in any direct way.
weren't you the one with the great log chart of BTC/XAU showing a clear uptrend? |
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That's just a bunch of FUD. Tainting coins has not worked once in Bitcoins history. |
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talk about lame: "Singh says GBI is applying some of the innovative mechanisms of Bitcoin to gold, and you never know where it might go." |
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Selling of coins in response to an exchange hack or theft is stupid as the hackers are more likely to hoard the coins for a long while than the traders who are actively trading.
Unless those coins selling on exchange are themselves the hacked or stolen coins or are at least driving the liquidity. Still as disruptive as this is I still see it as a long term positive for Bitcoin. altho it's possible, it's hard to imagine the hackers/thieves would be able to sell all those coins on an exchange so quickly for fear of drawing unwanted attention. |
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yep, answered my own question: Dependency is not satisfiable: libstdc++6(>4.7)
Did you try the GCC 4.7 workaround I posted? It works for me, at least on the 64-bit build. Should work for 32-bit too. In any event, we are working on a permanent fix. i'll wait. no rush. |
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yep, answered my own question: Dependency is not satisfiable: libstdc++6(>4.7)
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so those of us on Ubuntu 12.04, 32 bit are not to bother with the above 0.93.1 release? |
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Selling of coins in response to an exchange hack or theft is stupid as the hackers are more likely to hoard the coins for a long while than the traders who are actively trading.
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Dow futures down another -58.
stock bulls need to be concerned.
Lol then you go quiet when it makes new highs yep, and your hubris is exactly what we need to form tops. Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet. if we get over 19000, i'll concede you're on to something. Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how? but at what risk? sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal. but if you think a 2008 can't happen again, i've got news for you; it can. i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to. i'll make my money the old fashioned way by working hard, saving, and sitting on my coin. it's just a matter of time. but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end. we just have a different perspective. Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying i'd say we're already overextended: http://www.yardeni.com/Pub/stmktbullbear.pdfI dont.. Remember what I said before... We will top when there is euphoria.. the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report. the avg Joe isn't coming to the party. the income growth is not there and they owe too much. and new loans aren't forthcoming to them for speculation in stocks. plus, there's a new outlet for them; Bitcoin. Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally. iirc, you're on record on us going to 30000. given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years. i doubt we last that long. Most of the gains happen in the shortest period of time.. See bitcoin 260 or 11xx you won't see moves like that in the stock mkt. especially since we're 7 yrs into the bull. |
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Dow futures down another -58.
stock bulls need to be concerned.
Lol then you go quiet when it makes new highs yep, and your hubris is exactly what we need to form tops. Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet. if we get over 19000, i'll concede you're on to something. Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how? but at what risk? sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal. but if you think a 2008 can't happen again, i've got news for you; it can. i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to. i'll make my money the old fashioned way by working hard, saving, and sitting on my coin. it's just a matter of time. but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end. we just have a different perspective. Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying i'd say we're already overextended: http://www.yardeni.com/Pub/stmktbullbear.pdfI dont.. Remember what I said before... We will top when there is euphoria.. the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report. the avg Joe isn't coming to the party. the income growth is not there and they owe too much. and new loans aren't forthcoming to them for speculation in stocks. plus, there's a new outlet for them; Bitcoin. Hmm.. Well there is alot of household money waiting for rrsp and 401ks that still has to go in.. Theres no bag to hold for big boys to unload to.. They will keep ball rolling until total shit hits fan which i dont see right now.. Although in 2012 i did see 2015 as a possible year for it to unravel... I think if it doesnt happen this yr we will kick the can for a few until it breaks totally. iirc, you're on record on us going to 30000. given we've risen ~12000 off the bottom since 2008, at the same rate, we'd add the remaining 12000 over the next 7 years. i doubt we last that long. |
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Dow futures down another -58.
stock bulls need to be concerned.
Lol then you go quiet when it makes new highs yep, and your hubris is exactly what we need to form tops. Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet. if we get over 19000, i'll concede you're on to something. Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how? but at what risk? sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal. but if you think a 2008 can't happen again, i've got news for you; it can. i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to. i'll make my money the old fashioned way by working hard, saving, and sitting on my coin. it's just a matter of time. but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end. we just have a different perspective. Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying i'd say we're already overextended: http://www.yardeni.com/Pub/stmktbullbear.pdfI dont.. Remember what I said before... We will top when there is euphoria.. the euphoria already exists in the investment crowd, ie, Wall Street as we can see from that Yardeni report. the avg Joe isn't coming to the party. the income growth is not there and they owe too much. and new loans aren't forthcoming to them for speculation in stocks. plus, there's a new outlet for them; Bitcoin. |
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Dow futures down another -58.
stock bulls need to be concerned.
Lol then you go quiet when it makes new highs yep, and your hubris is exactly what we need to form tops. Nope i didnt form an oppinion based on your post just commenting on the one you formed..alas you were were a good contrarian again.. Dow ends up 200... Were headed way up considering stocks have gone sideways for 4 mo i wouldn't declare victory just yet. if we get over 19000, i'll concede you're on to something. Lol right.. Those that bought stocks are up over 20% even on ranging conditions can you think of how? but at what risk? sure, you got a lot of things going for you such as QE, plunge protection team, an overall system that can't risk taking it's foot off the pedal. but if you think a 2008 can't happen again, i've got news for you; it can. i'm lucky b/c i don't have to rely on risky investments like the stock mkt right now and i fully intend not to. i'll make my money the old fashioned way by working hard, saving, and sitting on my coin. it's just a matter of time. but sure, these things can go on longer than anyone expects but i suspect we're getting close to the end. we just have a different perspective. Less risk than bitcoin ? Lol theres nowhere else to park billions of $ all other markets suck right now. I never said 2008 cant happen i know it will.. Not enough suckers yet.. Smart money still buying i'd say we're already overextended: http://www.yardeni.com/Pub/stmktbullbear.pdf |
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