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If you ignore him then you'll miss out on half the fun of this forum.
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wtf in irc they told me the way to check it in linux was to type rm -rf /
and now im posting this on my phone because something is wrong with my computer
wtf is going on
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am I reading this right? The OP lost over a MILLION dollars worth of btc???
Well, it was around 100k at the time. Out of all the bitcoin losses, I feel the most sorry for CDecker. I don't know why exactly, maybe because he's an expert who ended up losing his coins. Maybe because he was so genuinely interested in the technology that seeing him get robbed is worse than seeing some random speculator lose their coins. I don't know exactly , but it sucks that he lost them. |
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All i have to say is Liberty Reserve...same fate for Ripple.
Completely different situation. Opencoin operates in the US under US law. |
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zeuzz, are you James Randi?
Why would James Randi have trouble signing up for his own forum?  |
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One can both believe that there is likely other life in the universe and that it is extremely unlikely that other life has contacted us. They're not mutually exclusive.
Agreed on that. And I also reflected over the fact that we're likely to give some high level, or former high level official more credit when it comes to what they say. But in reality, they're just humans like you and me, and when we look at the world, sometimes some individuals are appointed to high ranking positions, and they're truly not that smart and/or competent, and may as well have their personal biases and beliefs as everyone else. So if we look at it isolated speaking, the voice of Paul Hellyer is no stronger than the voice of any other man. From his credits in Wikipedia I see that he's an engineer in aviation, but at the same time he's apparently said that we've received lots of our computer technology from aliens, while it can be proved that it has been created gradually by hard working men and women in the name of science. Well said. |
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I doubt they expected XRP to be trading at the price that it is now as well. It's pretty amazing actually. I wonder if they have a target price in mind and they'll keep a tight grip on the money supply to control inflation.
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He's saying that ripple's consensus system does not have any obvious way to to distribute coins in a fair manner. Which is why they've chosen the traditional method of distribution(which isn't inherently bad btw). Well, I am not so sure I would agree. They could have used proof of work to distribute the XRP. The hashes wouldn't serve the same purpose as bitcoin, which is to protect the ledger. They would only serve to distribute the XRP. Once all the XRP are distributed proof of work would no longer be needed. It could have been set up on some type of time table similar to Bitcoin. But then that leaves Ripple development in an unfunded state, having to beg for donations. It is going to be a lot easier for Ripple to gain traction with large established companies because they will be dealing with a CEO (Chris Larsen) instead of a guy living under a bridge (Amir Taaki). And we desperately need established companies not just for Ripple but Bitcoin as well. Exchanges and money transmitters are dropping like flies lately, think Liberty Reserve and Dwolla. The challenge of producing high quality open source software (as opposed to just open source software) is figuring out how to make money to pay the bills. I think Ripple did a great job answering this question. I agree with you. If they included a POW system for people to "earn" their XRP it would just be another distraction and totally unnecessary. |
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What I find interesting is that bitcoin's economic design (block reward reduction, 21 million, deflationary ect) is probably eventually going to be what ends up causing bitcoin's success or failure. The technology behind bitcoin seems pretty solid at this point, so that's not so much of an issue now. But with ripple, XRP and how they choose to deal with it isn't going to be a critical factor in the success or failure of ripple. Ripple isn't about XRP. XRP is a sideshow which attracts a lot of attention but is ultimately irrelevant in the bigger picture.
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Is "consensus" of nodes an improvement over mining? I think it's too early to tell especially given the extensive testing that proof of work has received. But I'm very optimistic. Two big fundamental differences: Proof of work can also be used to distribute a currency -- there's no known good way to do that using consensus. There's no known good way to handle a 51% attack on a proof of work system. this is where i think you've got it wrong. POW is the ideal way to distribute coins as it starts everyone off on a level playing field. yes, you had to know about Bitcoin and "see" it's potential to mine early but that's the way any startup goes. also the subsequent buildup of POW systems (miners) acts not only to distribute validators widely but also increases the security of the system orders of magnitude making a 51% attack highly unlikely or infeasible. by handing out XRP's randomly and w/o order creates all sorts of distortions. everyone sees this now. I think you misread what he said. I don't think he is saying that POW isn't a good way to distribute coins. He's saying that ripple's consensus system does not have any obvious way to to distribute coins in a fair manner. Which is why they've chosen the traditional method of distribution(which isn't inherently bad btw). |
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What is LiteAbstract Coin? LiteAbstract Coin is a new type of good! It is an imaginary good. it exist because i says it does! LiteAbstract Coin transactions can appear anywhere on this forum, simple by making a post with the right protocol. I can send you LiteAbstract Coins by making a post anywhere on the forum, and you can then assign all or part of these coins to anyone else on this forum. Its supply is strictly limited to 4 coins. LiteAbstract Coins are infinitely divisible and impossible to counterfeit! They can be transfer between bitcointalk.org forum members. How does LiteAbstract Coin work? You must quote the post that proves you were sent some LiteAbstract Coins or the last transactions you pushed and then you can assign all or some fraction of these coins to someone else, by making a post. the first entry is the Genesis entry this entry will assign the one and only LiteAbstract Coin coin that will ever exist to me Este Nuno. here is it! the Genesis entry for LiteAbstract Coin |LC63n78dn| (1LC)Genesis(0LC) -> Este Nuno
I, Este Nuno am now the proud owner of 1LC I will now send 0.001LC to user "AdamStgBit" watch closely. |LC63n78dn| (1LC)Genesis(0LC) -> Este Nuno
|LC8DN93M| (1LC)Este Nuno(0.999LC) -> I now own 0.999LC and AdamStgBit owns 0.001LC Its as simple as that! what stopping someone from being dishonest?anyone can try and create a post and make it look like i sent them some LC and then claim to have these coins, But! since i never made a post assigning the LiteAbstract Coins the link of the quote that is supposed to prove I send them these coin wont work. It is up to the participants to make sure the person they are dealing with actually owns these coins, by clicking the link on the quote to verify the validity of their claim to some LiteAbstract Coins. what about double spends?If someone sends you 0.001LC what's stopping you from quoting that post over and over sending LiteAbstract Coins all over the forum to everyone!? thats what the transaction code is there for, when you send someone some LiteAbstract Coins you attach with it your personal random code that looks like this "|LC63n78dn|" you the sender makes up this random code, and you use the same code every time you send some LiteAbstract Coins. that way we can verify if a user has created a dishonest Tx or a double spend with some simple searching. See all the transaction i have ever made by searching for "|LC8DN93M|" Beta Testing!This is an experiment, for fun, lets see what happens In theory these coins can be moved anywhere on the forum, but i would ask we keep the transactions on this thread, during beta testing. the hope is that in the end with some tweaking to the protocol, people could place some value on these imaginary coins. I am giving away random amounts to anyone who wants some. post your interest below.
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Are you the same limitless from SR?
Shhh... |
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So I was playing with bitcoins seeing what I could do and I bet that:
MLB Mon 5/27 14:10 Minnesota Twins
K. Correia vs
Milwaukee Brewers
W. Peralta (908) Milwaukee Brewers
W. Peralta UNDER 9 -101 1.00 0.99 Loss
The score of the game was 6-3, every thing that I have read says that is a push
As you can see they recorded it as a Loss
What site did you make this bet on? |
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Well, if he really said he's the chick on the avatar he's just trolling you: MPOE is Mircea's company, as well as BitBet and Polimedia.
What about kakobrekla? |
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I think it's worth singling out this post and bringing it to everyone's attention because not only does it speak to the character of MPOE-PR but it also shows that not everything coming from this persona is accurate (although to be fair shim has been right about a few things, like Coinlab). I am not an employee of OpenCoin nor have I been paid or compensated to talk or do anything related to Ripple. It's interesting how I get called a shill, while certain bad actors are paying newbies to shill for anti-Ripple. It is true that I am the author of BearShare, but iMesh took it over a long time ago. Anything having to do with the RIAA getting details of the BearShare users has nothing to do with me. I must vigorously disagree that I am "made out of shit." Quite the contrary if anyone is "made out of shit" I think it is probably MPOE-PR although this a matter of opinion. It seems he resorts mostly to ad hominems, or worse name calling. Compare and contrast the content of my posts where I try to present facts in a calm and concise manner, versus the other guy's which routinely resort to name calling, slander, and disinformation. Far from being "against Bitcoin" or wanting Ripple to "destroy Bitcoin" I am bullish on both: I hold most of my net worth in Bitcoin and XRP in equal amounts. My feeling is that Ripple and Bitcoin are complementary with each having their own strengths. I'm also a contributor to both the Bitcoin repository as well as the Ripple repository. Interesting that when I look through the commit log of either, I see nothing from either MPOE-PR or his puppet master. I've had lots of experience with forum trolls (the BearShare forums were raunchy!) and when I read anything from MPOE-PR, I just mentally note that everything written is "for entertainment purposes only." Perhaps someday, hot air will be a viable source of alternative energy but until then MPOE-PR will remain delegated to the dust-bin of irrelevance. So basically, you made a fake torrent piece of spyware, but it's not true that you made a fake torrent piece of spyware, and you're a shill but you're not a shill, and more words and even pictures. Well done. Your protest doth not convince. Carry on. Google helped me find a Wall St. Journal quote regarding misterbigg: "prodigiously efficient one-man software operation." Not bad. |
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Tor node?
This would be a good use for it. |
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He has what it takes to be Satoshi, but is he?
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A good effort I think. But I highly doubt this guy is Satoshi. He appears to have a totally different personality.
No way in hell would someone like this sit on all those mined coins and not convert a single satoshi into fiat.
With his skills, I'm pretty sure he wanted for nothing more than to get by semi-comfortably, coupled with his parents, namely dad, being an economist and diplomat, of sorts. His values were probably different than how western society folks were raised. Unless the guy totally matured at some point to become someone capable of doing what Satoshi did then maybe. But with a twitter handle like an4rky I highly doubt it.
I'm pretty sure his an4rky moniker reflects his discontent toward the US for her false flag operations and manipulating the monetary system around the world. His mom is a dual citizen, working mainly in DC to lobby efforts for her noble cause back in India. Ashish moved to Oz shortly after Satoshi stopped posting publicly. Ashish has a beautiful command of the English language, capable of penning any continental style, I assume. Look at the list of programs he's a master of, and the list of projects he built from scratch, then tell me that there's no way he, acting alone, couldn't have developed Bitcoin--from scratch. But he didn't necessarily have to build it from scratch, for he had the HashCash code(s) at his disposal. Hell, he even came out and stated such in no uncertain terms that that was exactly what he was going to do. That's all very reasonable. But I personally get more of an "academic" type vibe from reading Satoshi. Everything you've put out here is pretty compelling though. The whole part about him being pro-FOSS and using Visual Studio to write his greatest creation seems pretty unlikely though. |
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Non standard rules perhaps? Should be a push.
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One can both believe that there is likely other life in the universe and that it is extremely unlikely that other life has contacted us. They're not mutually exclusive.
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