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2441  Other / Off-topic / Who else is just chilling, come hang out and talk bitcoin or troll or ask Qs! on: April 07, 2013, 03:54:34 AM
Come hangout and on mumble @ mumble.thebutterzone.com Port 64739
2442  Bitcoin / Development & Technical Discussion / Re: Creating an "official" protocol specification for the Bitcoin internet currency on: April 06, 2013, 11:35:50 PM
It isn't not a full client implementation, but it requires use of the bitcoin-qt/bitcoind to act as a gateway into the network so in that sense it is a full client.

Uh, isn't it the opposite?  It is a light client that only handles your transactions. 

The combination of armour + the reference client is a full client, but the reference client is a full client on its own anyway.

A light client means something else, so I wouldn't call armory a light client. Light client means it uses the bloom filter, or SPV part of the bitcoin protocol.
2443  Economy / Service Discussion / Re: bit.co.in address shortener on: April 06, 2013, 08:06:51 PM
And do you know anything about security, or are you just copy/pasting a lot of bull**** ?

http://bit.co.in/123451 <-- woops?

No I was giving you my honest answer, doesn't mean we can't improve things of course.

That is a basic security for a web site...
2444  Economy / Economics / Re: Why venture capitalists love the bitcoin market on: April 06, 2013, 07:01:39 PM
This is just copied from that techcrunch article

http://techcrunch.com/2013/04/05/why-do-vcs-care-about-bitcoin

Kinda of scammy you give no credit to the authors...
2445  Economy / Service Discussion / Re: bit.co.in address shortener on: April 06, 2013, 05:40:09 PM
If the addresses were encrypted I could still change them so I don't see how encryption would help prevent me from doing so if I had the retarded intention to do so, unless I'm missing something?

but what if a hacker gains access and changes the address how do protect against it?
2446  Other / Beginners & Help / Re: help with armory! on: April 06, 2013, 07:26:38 AM
So it says "import wallet file."

but my wallet file is .dat, not .wallet

help! Sad

It can't import wallet.dat created from bitcoin-qt
2447  Economy / Auctions / Re: Bitcoin.xxx for sale on: April 06, 2013, 04:19:03 AM
Got a private offer for 11 BTC

Wait a minute someone jumped the price to $1,557 for a site worth ~$45? I am sorry but that obvious is a scam or something.
2448  Bitcoin / Press / 2013-04-05 why do vcs care about bitcoin on: April 06, 2013, 03:27:12 AM
http://techcrunch.com/2013/04/05/why-do-vcs-care-about-bitcoin

Quote
As a VC, my interest in the Bitcoin ecosystem is not ideological but mercenary. I see the opportunity for Bitcoin to disrupt multi-billion-dollar markets, but in doing so also create new big markets. There are three key markets in Bitcoin:
2449  Other / Beginners & Help / Re: A question about Armory on: April 06, 2013, 01:31:01 AM

Quote from: gweedo
Cause then you know for certain it has no virus or malware, since it has never touched the internet and can't steal your bitcoins.

How would it be able to steal your Bitcoins if the computer never went online?

They could just delete your wallet, or save your wallet, delete it and then that would force you to connect online to get recover it using the deterministic wallet.
2450  Bitcoin / Bitcoin Discussion / Re: Looking for someone to interview for a project. on: April 06, 2013, 12:53:43 AM
I am a bot trader, and have been involved in a lot of sites that are bitcoin related. I be interviewed, as long as I don't have to give my legal name or anything personal like that.
2451  Other / Beginners & Help / Re: A question about Armory on: April 05, 2013, 08:50:18 PM
Hey!

Can't post in other sections yet so I'll ask here, hopefully someone in the know spots this Q on Armory.

In this thread it is said that the offline machine should have a clean install of the OS. Why is that? Yep, that's the whole question Smiley

Thanks!

Cause then you know for certain it has no virus or malware, since it has never touched the internet and can't steal your bitcoins.
2452  Economy / Trading Discussion / Re: Bitcoin Trading Software for MtGox - With Neural Networks. on: April 05, 2013, 08:45:25 PM
Bit Trader trading software is available for purchase right now.

Trade Mt.Gox and BTC-e simultaneously, automated trading and alarms.

Also our software updates every 15 seconds.

https://www.bit-trader.net

We also support Litecoin on BTC-e.
Damn! it requires java! JVM is as depressing as .net Cry
This looks like useful piece of software, but heck, java

My trading bot is written in java, and has made me a lot of coins so JVM isn't depressing at all!
2453  Economy / Auctions / Re: Bitcoin.xxx for sale on: April 05, 2013, 06:08:45 PM
Got a private offer for 11 BTC

Wait a minute some jumped the bet to $1,557 for a site worth ~$45? I am sorry but that obvious is a scam or something.
2454  Bitcoin / Press / 2013-04-05 What is Bitcoin? Super Mario Bros. explains it all in a one-minute... on: April 05, 2013, 06:00:07 PM
http://pandodaily.com/2013/04/05/what-is-bitcoin-super-mario-bros-explains-it-all-in-a-one-minute-video/

Quote
This week Bitcoin went mainstream, thanks in part to a fantastic article by Maria Bustillos on the New Yorker’s new “Elements” vertical.

PandoDaily has been reporting on the phenomenon for a while now, but for those just tuning it, we made a video explaining how Bitcoin works through classic Super Mario Bros clips.

2455  Bitcoin / Armory / Re: Armory - Discussion Thread on: April 05, 2013, 05:12:19 PM
On short notice, I got a call from a radio station in Ottawa, Canada yesterday who wanted to interview me about Bitcoin.   Only 7 minutes:

http://dl.dropbox.com/u/1139081/BitcoinShare/ae.alan.reiner.13.04.04.mp3

I gotta work on some of my talking points, but I don't think it was too bad.  I just think I made it sound too hard.  "Find an exchange or find someone who has some and will sell or trade for it".  "Anyone with a computer or phone can use it."  Meh, with some more experience I'll get it all ironed out Smiley


Nice, for the 7 mins it was a good interview.
2456  Economy / Service Announcements / Re: [ANN Mt.Gox] It’s been an epic few days: What happened? on: April 05, 2013, 05:02:20 PM
Also the trade engine should be written in java or python.

Why?

I would like the trade engine to be written in Haskell, Erlang or some flavor of Lisp. Just because a functional language makes it easier to keep the code clean of unintended consequences. Also, Java is very bloaty, not a good thing for high performance code.

However, I understand sometimes compromise is necessary.

You can run java very lean if you know what your doing and not adding a hundred libraries to it. But this is one of those flame wars that will start cause you like those languages better, in any case what ever language would be better.


Also the trade engine should be written in java or python.

Why?

I would like the trade engine to be written in Haskell, Erlang or some flavor of Lisp. Just because a functional language makes it easier to keep the code clean of unintended consequences. Also, Java is very bloaty, not a good thing for high performance code.

However, I understand sometimes compromise is necessary.

A high performance trade engine should be written in C/C++, simple as that.

Again this is what language you like better, and will probably start a flame war. Also C/C++ if they don't know what they are doing can have massive memory leaks with all that data.
2457  Economy / Service Announcements / Re: [ANN Mt.Gox] It’s been an epic few days: What happened? on: April 05, 2013, 05:39:05 AM
UDP isn't going to solve this problem, instead it make it harder for bots to trade.

I am not sure that trading bots and DDoS are considered the same problem from the view of the consensus here.

Do you know what UDP is? If they switched to UDP now all PHP/Python/java scripts would be useless and take now even more code to just connect. Also trading bots need reliable connections which UDP doesn't support by any means. UDP is great for the same information broadcast over and over, like said above a radio. Trading shouldn't use UDP it makes it very unreliable. They just need either a better network architecture clearly.
2458  Economy / Service Announcements / Re: [ANN Mt.Gox] It’s been an epic few days: What happened? on: April 05, 2013, 05:23:46 AM
The point is that when merely using UDP, unlike TCP, the source can block ALL incoming traffic which makes it immune to DDoS. As casascius points out, UDP is like a radio broadcast signal. TCP is like the postal service with delivery confirmation.

At what level do you propose blocking the incoming traffic?

Before it comes within miles of the host sending it.  After not informing the public who the UDP is coming from.

The UDP sending address doesn't have to be public knowledge, since not anyone can necessarily subscribe to it.  It would be a private UDP feed only offered to specific known sites.  The UDP feed would be used to drive the services of other sites who currently get it via websocket now, who in turn could provide that data to other downstream TCP websocket clients.

UDP isn't going to solve this problem, instead it make it harder for bots to trade. If they really wanted to solve this issue it is so simple. The trading engine should be ran completely offline, and use a database, like redis to store all information so the rest api can still have access to the information. Also the trade engine should be written in java or python.
2459  Other / Beginners & Help / Re: Hi! BitCoin Fully Decentralized Hard Asset Backed Bank! on: April 05, 2013, 04:02:07 AM


... and you can Earn INTEREST!

I am curious; how do you pay interest without engaging in fractional reserve lending or otherwise debasing the currency through the money multiplier effect? Doesn't this undermine Bitcoin's raison d'etre?

Not at all - ITS PART OF IT'S GREATNESS!

I suppose that I should point out - as we have touched on mining - that this forms part of our Returns Structure; Afterall - When we mine coins it's a little bonus for all of us! (But that's just one very small part - but it is a very real part of the system that allows us to provide interest payments!)

Thanks for your question!

So why you need donations if your mining? You only need 7.407BTC for $10,000
2460  Other / Beginners & Help / Re: Have I The Bandwidth ? on: April 05, 2013, 03:55:34 AM
no you will be fine, you misunderstood the page. Bandwidth is how much access you have to the internet some ISP caps it around 250GB, some allow unlimited. You should be fine if your speed is only 4.5mbps.
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