I'll be there  welcome molecular, welcome adamas  i feel honored oh, but you shouldn't. Maybe it's said in the thread and I missed it, but what exactly are the conditions? Is it sufficient for a single trade to happen >= $1000 or does it have to stay there during the party? I guess something in between these 2 extremes would be good, like: 1 daily vwap (use one of the bitcoinaverage.com numbers) above or equal to $1000 would trigger the party to happen, even if exchange rate subsequently drops below again. Of course it might be rather humiliating and the establishment might laugh at us if we have a crash to 400 right before the party, but I'd take that risk personally. quote qwk:
If history has anything to teach us, it'll go from somewhere in the 800s to well above 1500 within a few days. That's how it went at 10 and 100. No way will we have time to plan and setup a party within that time frame the timing will indeed be difficult. accepting a single spike above 1000 $ could result in having the party at much lower levels, which will be strange since there will be media coverage. waiting for it to be above 1000 $ "stable" will result in probably missing the right timing in a way that it is not really hot anymore. i think after trigger it will take at least a month or 6 weeks to get going. bitcoin reaching 1000 $ will be rock´n´roll in the media. but they can only show "dry" charts. an event by and with the bitcoin community will be the face of this new social movement. expect extended media coverage. I think the first $1000/BTC trade is a good time to start planning the party. Something of this magnitude will take a lot of time and effort to plan. Count me in. |
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Sharing it with coworkers tempting them to get int bitcoin just to get their own coffee.
That is exactly the reason I started BitBrew. |
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Woot! time to go shopping again.
Drinking BitConduit right now.
mogrith, did you order more Bitcoinduit Blend yesterday? I sent some Kona Extra Fancy along with it to broaden your horizons. Edit: Oops. I just realized that wasn't you; you had the Ethiopian Harrar and should have already received it. Enjoy! |
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Cheaper processing fees than credit cards.
I see this quite often. Where do u live, guys? In a 3rd world country? Banks have to compete and now it's hard to find any that charges fee for credit card transactions (they earn profit by holding ur money). In my country. Your bank may not charge you fees for credit card transactions but payment processors sure do. |
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Reminder: Rising exchange rate means less BTC needed for the same amount of coffee! BitBrew: Legally selling socially acceptable psychoactive stimulants for bitcoins since 2011. |
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I should be able to make this one. It will be great to finally meet Jason in person.
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That is why I create lots of lots of bitcoin address, one for real life, one for bitcoin forum and etc. This way I can reduce the expose  This is one of the reasons why I use a new address for EVERY TRANSACTION I receive and I NEVER RE-USE an address I've used in the past. But only if you care about anonymity, otherwise it seems bit administrative complicated There are more reasons for the practice than just anonymity. For example, it also improves security, making it more difficult for a thief/hacker to determine your private key. Regardless, I don't find it administratively complicated at all. As a matter of fact, I find it more administratively simple. I can identify exactly where each and every transaction that I've received came from and what it's for, because I know that it came from the person that I gave the address to for the reason that I gave them that address. Need to receive bitcoins? Simple. - Click the new address button
- Give the resulting address to the payer
Using a new bitcoin address for every transaction simplifies things greatly for me. I've teamed up with others for many projects, some big(ish), some small. If there's ever any question about a specific payment or movement of funds, being able to look up the receiving address and see only one transaction eliminates almost all doubt and confusion about it; it becomes very obvious who sent what to whom when. Back to the OP: Is Bitcoin really anonymous? The Bitcoin protocol itself does not need you to identify yourself in any way. Once you send or receive any bitcoins, however, it is very difficult to not reveal something about yourself due to the nature of most business transactions. |
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Xenland... I've been trying to get a hold of you. Please respond.
Last Active: September 30, 2013, 07:44:39 PM Xenland does tend to go MIA every once in a while. |
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Do you know if they will be selling Kopi Lowak?
My roaster doesn't currently offer Kopi Luwak but, if the demand is there, I might add it to our lineup. Let's see... *does some quick calculations on the back of a napkin* I could get one pound to you for 1.25 BTC. Or you could just try BitBrew's Karmic Sumatra for only 0.0958 BTC. Edit: The above prices only apply to orders within the US. |
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Get 10% off all orders from now until the end of October at BitBrew! Enter coupon code EARLYADOPTER at checkout to receive your discount. BitBrew: Proud to be considered a pioneer among Bitcoin merchants since 2011. http://bitbrew.net/early-adopters/ |
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I would be funny if someone was taking the time to pair the possibility of a collision with facts like "winning a lottery 100 times in a row".
Not just saying something flashy but actually calculating the possibilities of both events.
It's been done. People just get tired of quoting the same stuff a few thousand times. Yes, this same question gets asked again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, and again, etc. Here: Ok, new data, will recalc everything: - probability of getting struck by lightning in any given year: 1/280000.
- probability of taking a shit at any given point in time: 1/(60*24) = 1/1440 (assuming you take a crap every day and the actual process takes 1 minute)
- probability of getting struck by lightning while taking a crap in any given year: 1/(280000*1440) = 1/1.47E11 = 2.48E-9
- probability of taking a crap while being in a situation where being struck by lightning can actually occur = 1/1440 = 0.25 = 1.74E-4
- probability of finding a collision: 1E-65
- getting hit by lightning while taking a crap for how many years in a row is equally probable as finding a collision: log(1E-65) / log(1.74E-4) = 17.3
is my math roughly correct now? If so, I can say: " Finding a collision is about as likely as being struck by lightning while taking a crap every year for 17 years in a row". Or if you prefer: One of the consequences of the second law of thermodynamics is that a certain amount of energy is necessary to represent information. To record a single bit by changing the state of a system requires an amount of energy no less than kT, where T is the absolute temperature of the system and k is the Boltzman constant. (Stick with me; the physics lesson is almost over.)
Given that k = 1.38×10-16 erg/°Kelvin, and that the ambient temperature of the universe is 3.2°Kelvin, an ideal computer running at 3.2°K would consume 4.4×10-16 ergs every time it set or cleared a bit. To run a computer any colder than the cosmic background radiation would require extra energy to run a heat pump.
Now, the annual energy output of our sun is about 1.21×1041 ergs. This is enough to power about 2.7×1056 single bit changes on our ideal computer; enough state changes to put a 187-bit counter through all its values. If we built a Dyson sphere around the sun and captured all its energy for 32 years, without any loss, we could power a computer to count up to 2192. Of course, it wouldn't have the energy left over to perform any useful calculations with this counter.
But that's just one star, and a measly one at that. A typical supernova releases something like 1051 ergs. (About a hundred times as much energy would be released in the form of neutrinos, but let them go for now.) If all of this energy could be channeled into a single orgy of computation, a 219-bit counter could be cycled through all of its states.
These numbers have nothing to do with the technology of the devices; they are the maximums that thermodynamics will allow. And they strongly imply that brute-force attacks against 256-bit keys will be infeasible until computers are built from something other than matter and occupy something other than space.
Both very good ones. I wonder if there's a market for a calender with daily "generating the same Bitcoin address twice is as likely as ______" ... |
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I think this was a real success last year. Anyone knows if something like this is planned for this year? I don't know. Website seems to not be online ATM. I believe JonHolmquist was the driving force behind this last year. He would be the first person I would try to contact (which I may do if I can find the time to sit down in front of my computer for more than ten minutes in a row). |
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Just bought plain tickets, hotel, and car rental for that Altanta conference. Hope you'll be there Phinn, cause it's the ONLY reason I'm coming.
Just came back from the doctor and found out that I have a gallstone...  I'll be there, bud. I hope edd can make it so that I can pay for his ticket as well, Jason King being the other I've already sent. Between the 3(4) of us, perhaps we can be as productive as you were in San Jose for Bitcoin 100. I'd love to but I'll be working that weekend at my "day job". |
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... in my experiences, being from texas is enough - we don't need mementos made by a non-Texan solely for the purpose of cashing in on "Texas spirit" to know where we call home
FTFY. By the way, I'm also Texan, born and raised. The stars at night are big and bright - clap, clap, clap, clap ____________________. We all thought it.  |
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... in my experiences, being from texas is enough - we don't need mementos made by a non-Texan solely for the purpose of cashing in on "Texas spirit" to know where we call home
FTFY. By the way, I'm also Texan, born and raised. |
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And it will make my taxes so much easier if most of my money is in silver, and once I find a few people to sell me cheap cars and shit for silver (ex: There's a Kilo of silver, thanks for the 78 Deville), people will start hearing about it and want to get paid in silver themselves.
Well you still need to declare gains from bartering; in this case a kilo of silver is worth around 700$, so yeah. That's fine, calculating taxes for silver would be a lot easier than having Bitcoins, Fiat AND Silver. How does silver make math easier? |
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I've been seriously considering forming a company to accommodate supply needs of Bitcoin accepting charities. Of course, I am concerned that there might be concerns since I am also involved with Bitcoin100. Someone not familiar with me might only see that I am part of an organization encouraging non-profits to accept BTC donations and simultaneously running a BTC business targeting non-profits. I guess what I'm saying is, I don't have any information regarding buying equipment in Africa for bitcoins but I may attempt to address this issue myself if the community doesn't see any moral ambiguity in it. |
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If we start spending other people's money on anything other than donations, it might be best to register and start acting like a "legitimate" non-profit.
How come? The IRS, my friend. I believe the Internal Revenue Service might insist bitcoins sent to us constitute "taxable income" unless we register as a 501c. I could be wrong, however. I don't have much experience in running non-profits. One issue with that: Bitcoin100 is not an American entity. I donate my time to it, and you, Bruno, and I are US citizens (dunno about edd), none of whom actually get a salary. Other people helping and volunteering are from other countries. So Bitcoin100 is really a web-based entity. One could argue that since I am running it, it is my personal thing, and I should do personal reporting of my own personal hobby project, specifically to make sure I'm not scamming with a fake "charity," but I don't claim to own Bitcoin100, am not in sole possession of the funds (others have the private key as well), and all activities are completely public, so there is nothing for me to scam or hide. This whole thing is one of those new tricky "global entity" things that many other international companies are struggling with...  The problem that you will run into is that you claim not to own those funds, but nobody else claims ownership of them either. The government does not like things to be unowned, so it would make sense to form some sort of organization which would lay claim to those funds (and thus they would not need to be added to your personal income for tax purposes). Even though Bitcoin100 is very loosely organized and probably falls under the category of "hobby" at the moment, I worry that using any funds to pay for services or purchase items might push us over some line (in the eyes of regulatory agencies). As you mention, BTC sent to the vanity address have thus far only been held on behalf of others until worthy charities have been chosen and I doubt any red flags have been raised as of yet. I am also a US citizen, BTW. |
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