I am a simple website admin, I am not here to discuss cryptography or any technical related info. I am a messenger between the person above me and the average user, I reply to emails, help resolve account problems etc etc, anyone with enough braincells to comprehend the concept of internal company hierarchy will understand that no one will pay a chief security expert which works with banks (and we have access to those) 150$ an hour to discuss ciphers with 16 year old teenagers that play Minecraft.
It is clear how much competition and dirty promoting exist on these forums since I was met with sticks and stones.
I mean no disrespect but I would rather trust my money to casino 777 than Satoshi or any other "provably fair" casino which will likely loose it's bitcoins as foolishly as Bitcoinia. Those who mind don't matter, those who matter don't mind. If there are any serious entrepreneurs that are ready to invest I can easily arrange an online chat with an expert.
If you are a simple website admin, then please stop acting like you know more than everyone else here about provably fair gameplay, etc. It is obvious you do not, as indicated by the countless number of statements you have made in this thread that were just plain wrong. I've highlighted more text meant to insult in your prior post, which only serves to further dig yourself into a hole. A proper response might have been as follows: I am a simple website admin. I am not here to discuss cryptography or any technical related info. I am a messenger between the person above me and the average user. I reply to emails, help resolve account problems, etc, etc.
It is clear how much competition exists on these forums since I was met with a good deal of adversity.
I mean no disrespect, but I would rather trust my money to casino 777 than Satoshi or any other provably fair casino. Those who mind don't matter, those who matter don't mind. If there are any serious entrepreneurs that are ready to invest I can easily arrange an online chat with an expert. Notice how you can still get your point across without using sarcasm, implying lack of braincells in others, and guessing at their age? It is obvious you DO mean disrespect by continually making snarky comments towards everyone here. Revise your attitude, and maybe people will take you and your site more seriously. People have given you good feedback and advice, and all you do is toss it in the trash and throw tantrums about how it doesn't need to be changed. You seem to take every comment of constructive criticism personally. I assume you want this site to succeed, but to do that, you need to grow a thicker skin, learn to take people's advice, know that you are NOT the smartest person in the room, and be the better person in any situation you come across. Just my two bitcents. |
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Terms Agreed with lightlord. To be paid no later than 10/25/12 (if the world doesn't end  ) In that case, you're already late! |
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You might say, but the site knows their secret! What if they played the game THEMSELVES? They'd knew what PLAYER secret to use to win! But the only point of that is you're SCAMMING THE GAME. However if 10% of the "game" is owned by outside investors, then you can scam them. So yeah, satoshidice can scam their shareholders but not you.
What stops people from paralleling the SHA256 hashing on many ALUs, like GPUs for example and bruteforcing the key? The fact that doing so will probably take anywhere between 175 and 24395872948732987 years to complete. Hashing is a wonderful tool that solves all sorts of problems that when solved make a provably fair casino possible. I invite you to learn as much as you can on the topic. This makes cracking passwords using good graphical cards very easy. Currently you can check about 310^9 SHA256 hashes per second (src), keep in mind that attacker knows salt and algorithm which you use for hashing passwords. So in one day attacker can bruteforce 310^96060*24 = 2,6 * 10^14 passwords. Assuming that password is chosen completely random from a set A-Za-z0-9 (62 different characters) in one day attacker can bruteforce password with a length of log(2,6 * 10^14) / log(62) = 8. Still I will pass the idea up top, after we introduce the deposit/withdraw modules and the general bitcoin exchange we can add something like that as a seperate little application below every casino game. And when a site uses a secret 10 characters in length, your bruteforce suddenly takes 3,844 days. Watch out if they increase it to 14 characters, then you're looking at 155 million years! So what makes you think a site like SatoshiDice would use an easy-to-bruteforce 8 character or less secret? In fact, they use a 64 character secret! http://satoshidice.com/secretlist.phpSeriously, you are doing a TERRIBLE job with PR for this site. You come in here like a buffalo in a china shop, aggressively attacking anyone who disagrees with you, with no regard for the fact that THEY MIGHT BE RIGHT! I would strongly suggest that you step down out of whatever public role you hold with the "company" and have someone else with a much thicker skin and who knows their cryptography step up to do the job. |
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There's not much they can do if they are waiting on the chip foundry.
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A big problem with decimals is that people will make mistakes.
It is easy to send 10.25 BTC but it is more accident prone when you have to send 0.000001025 btc, especially when you are in a hurry (is that 5 zero's after the decimal point or 6?)
I know, I know there are ways to overcome that, but it will be a hassle if we have to add too many decimal places
If Bitcoin is worth a significant amount, then clients will simply display a different denomination. Instead of showing you as having 15.25 BTC, it'll show your balance as 15,250 mBTC. And then gas will be 3mBTC/gallon, an apple will be 0.97mBTC, etc. It would be extremely easy to make a Bitcoin client show a different decimal point as the default value, and it wouldn't actually change anything behind the scenes. |
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Why not try to sell it at scrap value before actually scrapping it? As I see it, you're almost $200 above scrap value. EDIT: Sorry, almost $50. It would be almost $200 if it was a full ounce. In which case, I understand why it would go to scrap - you'd be reducing profitability vs scrap to almost nothing by going much lower. |
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Good post trogdor, I agree, at least to the extent of assuming an uncorrupted environment.
"I've never understood why it's greed to want to keep money you've earned but not greed to want to take somebody else's money.”
Certainly, many of the elite class have become quite adapt at stealing monies from other people, but that doesn't make the entire upper class greedy. Many of them are also very legitimate workers and key players in the companies or roles they occupy.
Is anyone considering impending hyper-inflation as a potential cause for home prices increasing? They've been printing quite a lot of money lately...
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So TCP/IP needed to get approval from the "regulators" before it was widely adopted?
Then the bitcoin protocol may not be all it is cracked up to be .... if Erik Vorhees is correct that bitcoin needs the crutch of state approval in order to get widely adopted, then I would say it is deficient as a technology and not fit for purpose .... bring on bitcoin2.0. (Holy Trinity should be nimble for the crypto-currency 2G will be life threatening for them.)
Oh god, please stop with this regulating Bitcoin nonsense. Yes, indeed we should just stop with this nonsense of getting the bitcoin technology regulated .... No one here is asking for that. |
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Can you comment on why it has been down so often? Is it a backend process that is crashing? A problem with the hosting company? Something else?
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Re: http://blog.bitinstant.com/blog/2012/12/10/the-controversy-of-bankhood.htmlWHAHAHAHAHA LOVE THIS ONE.. "how long would it take before the entire system was branded criminal (not that this would kill Bitcoin, but is it prudent to encourage such a destiny?" You mean branded criminal by criminals themselves.. WhaHaHaa. Sure. But hey now "licenced and approved by the " White shoe boy's " EEeehhh..! Its all good now . capice? ? .. We got a licence crom the white shoe boys and were all legit now.. Yeh !! Why is this guy's ignore button not bright orange by now? |
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I received a little over 1.7% of my held balance back.
If the exchange rate goes up much more that would make it harder on BitFloor. It is like taking out a BTC loan and then having to repay from dollar-based income. No, because the transaction fees are a percentage so it scales up. The only way to make it harder or easier for Bitfloor to pay back its debts is to change its volume. Right, and for all of us doing dollar cost averaging increase in price means decrease in volume. OTOH, if Bitcoin goes to $1,000, you can bet on there being a lot higher volume, just because an increase in price generally correlates with an increase in interest. |
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I read through your threads over there and thought it was a good idea. Unfortunately the low payout won't lure me from my regular server. 5x payout for supporting members (VIP+) is better but then you're just trying to earn your donation back and that would ake forever...
A+ idea tho
Thanks. Payout is not as high as I'd like. I only have so much Bitcoin I can donate to the project myself. I have had maybe 0.25 BTC donated towards the project (thank you!), but obviously, that is not enough to sustain the project long-term. Since this has been going a few weeks, and I have seen about how much I have been giving out each day, I estimate that I could probably double the payments while still maintaining a 1 BTC/month rate. Still not a large amount, and still far from what I would like it to be. I was kind of hoping for some more support from Bitcoiners interested in helping publicize Bitcoin to people brand new to it, but I can understand that not many people have extra money to just give away either. I do hope to integrate an in-game economy soon though. It would allow people to deposit Bitcoin and buy items from other players, or use the Bitcoin that they received from the Mine 4 BTC project (picture it like the Diablo III RMAH), potentially paving the way for people to make more money than just the mining bonus. |
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According to Zillow, housing prices in Eugene have risen from their low of $191k average in February 2012 to $197k as of October 2012. Not much of an increase, but it is an increase. The peak was $250k in August 2006.
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Mihai has the capabilities to continue pushing the magazine forward, fortunately, despite whatever may lie in the past. Here's to many more successful publications!
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Lol, yes, I meant the opposite. Whoops.
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Thanks - hopefully I can test it this evening.
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Example:
Bid is $13.50 I will put a large limit sell order @ $13.45. It executes "some" at $13.50, "some" at $13.49995, "some" at $13.4x ... etc .... all the way down until either a) the quantity of the limit order is exhausted or b) all available bids >= $13.50 are exhausted.
This is how it works pretty much everywhere that I've heard of. I think the OP is just a little confused. I'm just making sure because I can't recall anytime I've seen my transaction listed at a different price than the exact one I asked for Maybe I am experiencing a brain fart because the person doing the 2nd end of the sale would get the different prices... It sounds like the orders you've always submitted have been above market rate (if buying) or below market rate (if selling). Thus, your orders are not filled immediately, and when they are filled, you get exactly the price you were asking. Try selling a coin for $1 and see what price you actually get for it. |
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"In an effort to attempt to control and track transactions made through the now-ubiquitous Bitcoin network, the government has required every citizen to be injected with a NFC chip, with which they will hold funds and verify transactions. Furthermore, a permanent government-provided stamping visually indicating that an individual has a valid NFC chip is required. This unique, non-replicable stamping will allow businesses to easily verify the legitimacy of anyone whom they wish to transact with."
There is no need to look far to see most business people in Bitcoin community cheering it. What is distrubing with that is that they are the ones at key positions in Bitcoin food chain already. Cheering what? People being injected with NFC chips? |
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I think the early coins are mined just to try it out and many of them maybe forgotten or lost. Just think, Why would you do it if it cost you something and you get nothing - i.e. bitcoins which at that time cost nothing.
I wouldn't be surprised if the majority of them were lost. They were completely worthless, why would you bother to keep them if you could just mine more when you wanted to? |
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This has been discussed multiple times here before. I think it is an idea that holds merit.
"In an effort to attempt to control and track transactions made through the now-ubiquitous Bitcoin network, the government has required every citizen to be injected with a NFC chip, with which they will hold funds and verify transactions. Furthermore, a permanent government-provided stamping visually indicating that an individual has a valid NFC chip is required. This unique, non-replicable stamping will allow businesses to easily verify the legitimacy of anyone whom they wish to transact with.
"Any violators conducting transactions in Bitcoin outside of their own NFC chip will face prison time up to 5 years and/or fines up to 50,000 Satoshis. Subsequent violations carry penalties of lifetime in prison, or death."
Think about it. How else would any government be able to control spending or track transactions other than through the blockchain, and having each address identify a specific individual? And when 90% of transactions have identifiable senders and receivers, it would be pretty easy to track down the other 10% as soon as it entered the "legitimate" market of spending. A black-marketer couldn't go and spend his loot at Taco Bell, for instance, as it would connect him to illegitimately-gotten goods.
I think Bitcoin fits in perfectly with this prediction.
The only thing this would accomplish is to get people to move to litecoin or one of the other countless coins. It only makes sense in such a scenario if bitcoin is the only payment method in existence. Good point.  I suppose I am envisioning an environment in which the governments force registered businesses to only accept payments via Bitcoin. And if all businesses are thus restricted, then Bitcoin really would be the only viable currency to use for trade outside of the black market. |
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