1. onomatopoeia  Illegal. 1. Lacking |
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I also liked the daily high and low better than a 30-day high and 30-day low.
Right, and the slowly-changing 30-day average isn't helping things... |
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6 link
7th. koala7. Kilogram
1. More  |
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Now, the 30D is listed under Volume and the Volume is listed under 30D Volume...
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At the time of writing (2012-02-03 3:00 UTC), we are at block 165105. By block 210000, the block subsidy, or the portion of miner profits that is produced to mint bitcoins and serve as an extra bonus to miners, is scheduled to fall to 2500000000 of the smallest bitcoin units, or commonly 25 BTC. This gives less than 45000 blocks remaining before the subsidy falls. Although the technical effects are well-documented, the economic effects remain unknown. As we approach the date 2012-12-10, the current halving target if blocks continue being produced at 10 minutes every block, speculation should heat up. However, the consensus among Bitcoin speculators is that the effect of the reduction is already priced in. Miners currently on average earn 0.05 BTC per block in transaction fees. This means that the current block subsidy, 50 BTC, makes up 99.9% of the total block reward. If no drastic changes to average transaction fees occur between now and the targeted date, this change will be a big blow to miners. Since many miners are very reluctant to turn down their rigs even when unprofitable, the difficulty is likely to only drop by a small amount as the total block reward nearly halves. Luckily, even under a conservative economic appreciation model, transaction fees are likely to increase. While miners are happily chewing away on an average reward of 50.05 BTC per block now, the reward after halving may have taken a dip down to 25.10 BTC, still a drastic reduction. One cannot ignore the difficulty decrease that is predicted as a result of the drop of subsidy, however it must be pointed out that even as the mining reward is only worth 20% of that in June 2011, the difficulty is 200% of that time. For this reason, mining is likely going to turn unprofitable shortly after the drop. Anticipating the drop, some dormant miners are likely to turn rigs on to complete their mining career for the time being, likely causing continued difficulty increases leading up to the change. Pools, especially PPS ones and other pools which calculate reward based on 50 BTC, should begin preparing for this change. This means that PPS pools will drop their reward to half of what it is now in around ten months. A 51% attack if difficulty does drop cannot be ruled out. Although unlikely, if the hashing power of the network does drop to a half of what it was before the change, it will be half as difficult for a 51% attack to be undertaken. Rapid growth in the Bitcoin economy before December, which is a possibity that cannot be ruled out, will also effectively prevent 51% attacks. Bitcoin, in its current form, has not yet undergone such a severe change in block subsidy, and it never will undergo one of the same severity again. Original post: Unless something crazy happens, by now it is next to impossible having a block reward earlier than mid-November and later than late December. The current targeted time is 2012-12-09, but there is likely to be at least a small wiggle to a certain direction. If Bitcoin continues growth, the date may land in November, and otherwise could be as late as late December. With only 55970 blocks left until the block reward change, the difficulty will change only 26 more times before the block reward change. I am leaning to the side that the reward change has not yet been priced in, so prices of Bitcoin will increase considerably. Unfortunately, mining shares are likely to go down.
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0.76313
There are only 100000 possible numbers with 5 digits between 0 and 1. It was very easy to crack the "secret number" if it was this small! |
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If the new forum software succeeds, I think one of the best features possible would be a bot. This bot should do some important tasks: - Assist in auctions. A topic in the auctions section can be put to bot control by the thread starter. The owner sets some parameters, and all posters below must comply with the rules. The bot periodically maintains a list of highest bidders.
- Keep topics clean and on-topic. If the tone of a topic goes too negative, with an increasing amount of insulting or offensive words, or a rapid decrease in post length, or a rapid increase in quote pyramid size, or any other measurable indicator of topic "dirtyness", the bot steps in and reminds users to be clean. It should also report overly offensive posts.
- Help newbies. After anyone posts a new topic, the bot should search for fuzzy matches or keywords in the forum. If one or multiple of significant relevance is found, the bot may post a post containing links to the old topics.
- Perform basic moderation. If a post is a complete duplicate of the previous post, or contains 3 letters or less, it can be assumed that the post was useless and the bot should delete it and send a PM to the user which created the post. If a post looks like a spam-bot, the bot reports (not deletes) the post to the moderators.
- Post news. News from respected news sites such as Bitcoinmedia is reposted by the bot, which also provides a list of similar news stories if applicable.
- Update speculation. The bot provides the latest updates when giant swings occur, with detailed information in the posts. When requested, the bot replys with bitcoincharts.com, bitcoinica, or other chart website charts in a thread (e.g. "Can someone post the 3-month SMA?", etc.).
There are obviously many, many other purposes for such a bot, and those are only suggestions. If you are not able to moderate your own posts then you are too simple to communicate in the company of intelligent people. Conversely, if postings by others cause you so much distress that you need an automated system to make it comfortable for you, then you are too lazy to communicate with informed people, and should be banned for your ignorance. By the numbers- Auctions. They are a massive waste of effort and a pointless exercise. They are only posted by a limited cadre of hardcore spammers. Who gives a damn, and why should anyone lift a finger to enable a single damn thing for their commercial waste of my time. Dirtiness- (note the spelling!) How juvenile. You want an automated system to clean up offensive posts? WTF? FTW! Your offensive is my gentle caution, which set of rules will the bot use? If I tell you this is a stupid idea is that offensive, or do I have to go to this is a really f*cking stupid idea? Help newbies- what you are proposing is automatic necro-thread management. Sure, just what a forum needs, every n00b will trigger every topic that is long dead and gone coming back to the top of the rotation. That is so far beyond stupid it belies description, and it is completely antithetical to the concept of a dynamic forum that grows over time. If a n00b needs to find an old topic, there is a lovely search box ^^ that they can use for that purpose. If they can't figure that out they are probably so stupid they require a bot to remind them to wipe their asses. Basic moderation- that's just absurd. You would replace +1 with a mandatory statement, and have a set of rules decide what is worth leaving up? With auto-abuse of the OP service added for good measure. You must live in a very, very bleak world that needs such domination just to be able to communicate. Post news- oh goody! Now served pure and continuous spam from those sites that YOU determine are respected. What if I like to get my news from nunsinbondage.org or solidcoinblowsmonkeys.com? Would those be respected? Would the majority of users need to have automatic posts from them force-fed to them? Update speculation- you are clearly the laziest sod in creation. You need a bot to go and find information that sits at your fingertips and package it before spoon feeding it to you? What if I corrupt that bot and feed you erroneous sell signals and destroy your fortune? What if I give you wild swing news when there isn't any? You and the rest of the brain-dead lemmings would take action only to whine and ask for a bot to recover your lost wealth the next morning. First, thanks for actually responding with a useful post. I disagree that certain posts, especially ones which are 3 characters or less, can be useful. Most often, these are simply spam "+1" or "-1" posts, which achieve nothing. If the OP wished to allow users to make that choice, they would have made a poll instead. Dirtiness is purely subjective, as you state. However, certain words are nearly in English unambuigiously offencive. The phrases GTFO, STFU, or their full forms are rarely if ever used in contructive arguments, and if found in short posts is almost certainly offencive. Such a bot would not delete the posts in question, but rather remind the users that the topic is not a flame-war. If posts become progressively shorter, this is a good indication that the tone of the thread has become more negative. The bot suggests to place more thought into those posts, but does not interfere with the actual conversation. Most people in this forum will admit they have not exactly been friendly to newbies. My first post to this forum was completely ignored, even though I had already poured in hours of research into finding a solution. A bot will be able to at least list posts which may have some relevance, and can encourage the forum members to be friendlier with their responses. As for posting news, how is a bot doing it any different from a human? And as for updating speculation, the speculation forum goes abuzz whenever a spike or swing occurs. A bot will be able to detect and report this in real time. Other than increased overhead, I don't see a problem with this approach. Finally, I did read this part: No.
Remember that these are just suggestions, and bots can be useful in thousands of additional ways. |
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5. Erotic  6. Cease |
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This list does not include the Osiris P2P Bitcoin forum. Check in my signature for that one. |
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2. Commercialism
3. Masochist I'm playing with myself now?! This is not legal; it is only allowed between 6 and 7. 3. Mayday |
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