Idea for two premium Omegle features. I think they'd only be fun if just a few people had them, so maybe you could auction them or something.

Merge. Talk to to different people and when you click "Merge" they start chatting with each other without knowing you've been replaced. With some thought I think hilarity could ensue.

Hijack. While watching a conversation, click "Hijack A" or "Hijack B" to take control of their side without the remaining party knowing there was a switch. It would probably be good to let the person booted continue watching and maybe even open a chat with them. Ohhhh... just open chats with both with neither knowing and you can abandon one if you want or tell them you've stolen their new friend or whatever you want to do.

In general I think offering nice social services for free and selling godmode is a sweet model.

Can you show the code/file/db that is a dollar? I think that makes even less sense than showing a bitcoin.

If you count Wells Fargo database as being a dollar then you need to count MtGox bitcoin balance database as BEING a bitcoin in the same way, which is absurd imo.

This is not a complete answer. If the network is healthy the payment proc will just mooch, if it is too weak there isn't anything he can do anyway without spending more than all of his profits (unless his actual mining power will bring him profit, which is what is in question).

He's going to have to pay the others. Maybe a tiny miner will include all those tx for a small fee, but the tiny miner won't likely get a block soon so if the payment processor wants high assurance of getting in a block before X time he needs to pay what the most expensive miners are demanding.


Not really. There might be thousands or more banks and payment processors and there will be no central body keeping anyone out. All you need to get in is to be competitive with the existing services in some way no artificial gatekeeper.

That would be cool, like unicorns who crap skittles. Think about it, if mining is profitable no matter how inefficient you are it's endless free money and all resources on the planet will eventually be dedicated to it.

It's wonderful as it is, the amount of resources dedicated depend on the worldwide demand for the system and the supply is anyone who can provide the service we need cheaper than average. To me it's more magical than (impossible) free money.

You can buy a bunch of clicks or views and only add them when you want. It is cheaper.

Even if it was identical, now new bitcoiners can get roughly twice as much.

Even if it was identical we now have redundancy and are less likely to be stuck without a service like this.

It's not that simple. You never know if you actually have 49% or 51% and if you choose not to build on others blocks you risk doing work that doesn't end up in the chain later on and doesn't get paid. Monopolistic mining with a narrow margin is a risky game. Also while you might break other miners after a short time you don't know what those with 50-500k bitcoins saved up (and maybe some healthy dollar profits already taken) will do.

If they want a sig just sign your own name. They aren't going to turn down the sale at that point even if you write apple horse happy.

Doesn't that just mean that people who want more ads up have to make more accounts now?

I don't see how it was an unfair advantage, they are paying more for the privilege right?

You'll get them back, it is run by a legit guy, used to post here a lot.

There is action at sealswithclubs.org

I always thought 82 cents should just be interpreted as an 82% chance at a dollar. But gaming commission blah blah big brother.

So you give Slush the money and he spends it on some sexy downloads, the porn site operator dutifully returns the coins to Slush because they trail back to a theft.

Boomerang coins!

The blockchain only shows that coins came from other valid coins, it is completely devoid of moral information.

Awesome going to try it now.

What is the absurdity in considering Bitcoin a currency?

What does that mean? You support violence on people for having or sharing information about crimes committed by others or you don't support that violence, but don't want to say?

Also people keep quoting "40 years", nothing special happens then. It's closer to 140 years when the reward is rounded to zero.

Tell me if I'm addressing the wrong issue.

You are worried that all miners will accept all transactions with fees resulting in everyone paying the minimum fee which will cause very low difficultly resulting in easy 51% attacks.

First, empirically, not everyone is accepting all tx with fees now. I don't have data to cite, but I've seen it.

Second, there is a solid game theory reason to decline some tx with fees. Assume you are a miner with 1% of total hashing power and everyone else is currently accepting all tx that have fees. If you raise your min accepted fee to say .001 anyone who requires their tx to be included in the next block with probability higher than 99% must pay at least .001. Even if you lose out on countless .00000001 fees the tiny fraction of people willing to pay to increase their chance of getting in the next block will increase your profits.

This might seem to imply that bigger miners (1% say) have an advantage over insignificant miners, but this is not the case. While the smallest have no pricing power whatsoever they benefit from those who do. They will also be able to collect the .001 fees that were attached with the 1%er in mind.

Wow, very nice. This needs to be on the website.

If I could be two people I'd be Bernanke and Satoshi. How could you lose? It's the ultimate epic hedge.

Lol, it makes no sense. Why would he like goldmoney.com? How is bowing to government pressure not 100% baked in to that pie? What are they going to do let government take all their customers gold and go to jail? I suspect Casey is involved in some way or has something else clouding his judgment concerning that company.