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2681  Bitcoin / Hardware / Re: Soon BTC will be ecological! on: February 01, 2013, 01:04:25 PM
So ASICs run on love and fresh air!

Amazing.
2682  Bitcoin / Press / Re: 2013-01-30 forexmagnates.com - NFA Looks Into Banning Credit Card Deposits on: February 01, 2013, 12:01:21 PM
Google Alerts. I get a Mail the very moment there is new press  with the Word Bitcoin in it.

As I'm not familiar with Forex trading, I hold back from posting comments, but I hope that some others that have some knowledge in this area will post some.

Thanks for your offer, though.
2683  Bitcoin / Press / Re: 2013-01-30 Making Money off Virtual Money: Say Hello to Bitcoin on: February 01, 2013, 11:48:09 AM
Quote
Initially, the Bitcoin was priced at 1,309.03 BTC per dollar, and now, four years later, the price is about 0.070771408 BTC per dollar

Well, that's the news. Be prepared for a load of suckers buying in.  Grin

(Joking,... or not?)
2684  Bitcoin / Development & Technical Discussion / Re: The MAX_BLOCK_SIZE fork on: February 01, 2013, 10:16:27 AM
Lets say for example we set a Target, that the average Blocksize is always 80% of max. Blocksize and adjust the max. Blocksize by max. +-20% all 2016 Blocks to meet this Target.

This would ensure that Blockchain space always remains scarce, therefore ensuring TX fees for fast transaction, by at the same time ensuring that it will always be possible to make a transaction.

I'm looking forward to learn why this wouldn't work.

The problem with this is that some pools still mine blocks where the only transaction is the one that awards them their subsidy, and that can really poison averages.


Than change it to The average of the biggest 50% of all Blocks mined every 2016 Blocks. That would also mean that at least 50% of all miner would have to agree that a increase of the max. blocksize is necessary and also ensuring no minority can keep an increase from happening.

So (numbers changed a little):

Target: Average Blocksize of the biggest 1008 Blocks is always 90% of max. Blocksize
Adjustment: Max. Blocksize, max. +-20% all 2016 Blocks to meet this Target.


As far as using bitcoins in retail on a reasonable timeline goes, a few of the gambling sites have developed very good ways to prevent nasty stuff by identifying the low risk transactions which may as well be accepted immediately. I don't find the interval of time between blocks to be problematic.

Blocktime all 10 minutes is fine by me. And there is no need to change this in any way IMO. I just ment if there would be say 1 Mil transactions a day, that would mean, that ~400 K each day would never be conformed, solely to the 1Mb limit and this would add up day by day.

Honestly as far as block size goes, I'm pretty comfortable with Gavin making a decision as benevolent dictator and letting everyone know at what point in the future the blocksize increases to its next finite (or formulaic) step.

I agree, but I would be far more comfortable with a solution that would fix this once and for all and would still work for any unforeseen challenges that might come in 50 Years.
2685  Local / Deutsch (German) / Re: Verdopplung des Netzwerks in Kürze +19.8 TH/s KAWOOOOOOOM on: February 01, 2013, 09:42:09 AM
Ich habe zwar kein ASIC bestellt und habe auch nicht vor mir eins zuzulegen und auch den Punkt mit der Netzwerksicherheit halte ich für zweifelhaft.

Allerdings gibt es 2 Punkte über die ich mich richtig freue:

1. Die erste erfolgreich entwickelte Hardware die ausschließlich für Bitcoin entwickelt wurde. (Auch wenn mir Slushs Hardware Wallet wesentlich besser gefällt)

2. Endlich wird die Difficult so hoch, dass es das aus für diese verdammten Botnets bedeutet. Klar, gratis Coins bleiben gratis, egal wie wenige es sind, ich glaube aber nicht dass es sich dann noch lohnt einen Botnet Miner zu entwickeln und zu verbreiten. Dass finde ich richtig gut.
2686  Bitcoin / Development & Technical Discussion / Re: The MAX_BLOCK_SIZE fork on: February 01, 2013, 09:09:57 AM
I always thought two of the benefits of Bitcoin are:

Fast transactions
Low transaction fees

It seems, that thees points are outright Lies

If the blocksize limit isn't lifted and Bitcoin grows it will at one Point be virtually impossible to make transactions unless a ridiculous high transaction fee is paid.
I can't see how we can ask any merchant to accept Bitcoin, if it is clear that, unless Bitcoin remain a sideline payment system, at some point it will be impossible to accept Bitcoin for small payments.

So learning that changing the blocksize limit would require a hardfork gets me very concerned.

Also, I strongly disagree, that the 1MB blocksize limit is one of the principals of Bitcoin.

IMO it's scarcity of transaction space.

Therefore my Proposal:


Make the max blocksize a mathematical Function.

Lets say for example we set a Target, that the average Blocksize is always 80% of max. Blocksize and adjust the max. Blocksize by max. +-20% all 2016 Blocks to meet this Target.

This would ensure that Blockchain space always remains scarce, therefore ensuring TX fees for fast transaction, by at the same time ensuring that it will always be possible to make a transaction.

I'm looking forward to learn why this wouldn't work.
2687  Other / Meta / Re: Upcoming downtime on: February 01, 2013, 05:41:36 AM
Works fine (so far), thank you very much for upgrading.

Can we expect the forum to lag less in high traffic peaks now?
2688  Economy / Speculation / Re: Bitcoin will never reach $30 again on: January 31, 2013, 03:28:55 PM
Back to 5$ by 2014
2689  Local / Deutsch (German) / Re: Questions from a non-german. on: January 31, 2013, 01:52:35 PM
Hmm, I don't have any knowlege of you issues,

but maybe you want to contact Tais46 https://bitcointalk.org/index.php?action=profile;u=23819

He runs Bitcoin-24.com and has successfully implemented Sofortüberweisung (Which is provides by Sofort AG) to his exchange. There where some Problems in the beginning, but it seems all works fine know since several month.
2690  Local / Anfänger und Hilfe / Re: Bekomme ich mein Geld zurück? +??????? on: January 31, 2013, 10:23:06 AM
Das ganze Bitcoin Thema ist viel zu komplex um es mal kurz bei Wikipedia nachzulesen, vielleicht hab ich es sogar schon gelesen, aber aufgrund der Komplexität einfach nicht sofort in den richtigen Zusammenhang gebracht.

Nur mal kurz zwichenreinfunken  Grin

Der Bitcoin Artikel bei Wikipedia war garnicht gemeint, sondern das Bitcoin Wiki. Dirt solltest du Antworten auf die meisten deiner Fragen finden. Wenn nicht, dann kanst du nach etwas lesen wenigsten spezifische Fragen stellen, die dir dann sicher viele hier gerne beantworten.

Das hier:

das minen ist ja beispielsweise von der Rechenpower abhängig, mit meinem Laptop brauch ich erst gar nicht anzufangen, aber
was ist wenn sich morgen Google einen Spaß erlaubt und die vorhandene Rechenpower mal nicht für Suchanfragen etc. verwendet?
Ich weiß die Bitcoin Menge ist begrenzt, aber zu welchem Zeitraum? So und so viele bis 31.12. oder auf Tagesbasis, Stunde, Minute?

ist einfach wie: "Erklärt mir doch bitte mal wie Bitcoin funktioniert und was es ist und zwar ganz von vorne".

Du musst schon verstehen, dass viele (alle?) hier keine Zeit und Lust haben jedem 2. Noob alles ganz von vorne zu erklären.

Das deutsche Wiki ist leider noch nicht sehr detailliert, aber im Englischen Teil sollten alle Fragen beantwortet werden.
2691  Local / Deutsch (German) / Re: Questions from a non-german. on: January 31, 2013, 09:13:11 AM
There is no law in Place (that I now off), that forces to give you a business account (or any account).

Many smaller Banks even State that they may disallow you to open an account for any given reason.

However many Banks have a voluntary commitment in place to allow everyone to have at least on account (asset based only). The so called "Jedermann-Konto".

But precedent cases have shown, that they are allowed to close even this account for basically any given reason:

Die Klage ist jedoch unbegründet, da das von der Klägerin behauptete Rechtsverhältnis nicht besteht. Die Beklagte ist unter keinem rechtlichen Gesichtspunkt verpflichtet, der Klägerin ein Konto auf Guthabenbasis nebst der Möglichkeit zum Onlinebanking zur Verfügung zu stellen.

Quote from: County Court Hessen
The lawsuit is unfounded, because the the legal relationship does not exist. The defendant is not on any legal obligation  to make an account on a prepaid basis, together with the opportunity for online banking.

So, I'm Sorry.
2692  Local / Anfänger und Hilfe / Re: Kaufen ? - tipps ? on: January 31, 2013, 07:12:21 AM


Breaking News !
Avalon Asic angekommen : http://garzikrants.blogspot.co.uk/



Ha, was sagt man dazu.

Ich hab echt nicht dran geglaubt.
2693  Other / Off-topic / Re: Fuck bitcoin and bitcointalk forum TROLOLOLOL on: January 31, 2013, 06:42:12 AM
I've decided to withdraw my support of bitcoin due to unfriendly forum community and widespread public opinion which i now support that bitcoin is a virtual currency used for the most part by pedophiles and other criminals, i sincerely hope DOJ will take swift action against this illegal enterprise, fuck you board idiots!!!

Don't let the door hit you.
2694  Bitcoin / Press / 2013-01-30 forexmagnates.com - NFA Looks Into Banning Credit Card Deposits on: January 30, 2013, 06:11:39 PM
Quote
NFA Looks Into Banning Credit Card Deposits – The Impact

Earlier this month, the NFA sent its members a ‘Request for Comments’ letter are about the prohibiting of credit card payments. The NFA’s Compliance & Risk Committee (CRC) is concerned that these payment solutions promote depositing with borrowed funds and small sized deposits which barely cover minimum margin requirements. In their words “The CRC is concerned that retail customers may be opening accounts with funds that are not risk capital and are using credit cards as a source for borrowing funds to invest. The CRC’s overall concerns with this practice are compounded by the fact that many FDMs that offer this funding mechanism also permit retail customers to open an account with a very low deposit amount (e.g., $100) that merely covers the intended transaction’s initial margin requirement. Any slight movement in a customer’s forex position causes the customer to quickly fall below the margin requirement for the transaction.”

Single Mention of Bitcoin:

Quote
Therefore, while credit cards are an essential part of the US FX industry, it is safe to assume that alternate forms of payments won’t take long to fill the gap. On this point, Oanda’s CEO K Duker answered in a Reddit AMA that he expects digital currencies like bitcoin to play a bigger part of payment solutions for firms in the future.

Full Article: http://forexmagnates.com/nfa-looks-into-banning-credit-card-deposits-the-impact/


For all who don't know it NFA stands for National Futures Association.

Today there is also a second article with Bitcoin on Forex Magnates, about the Reddit AMA mentioned above:

Quote
Oanda’s CEO K Duker Hosts Reddit AMA

Oanda’s CEO K Duker hosted a Reddit AMA yesterday....

There was a question about bitcoin which Duker answered that “I wouldn’t expect to see (bitcoin) right away, but I definitely think alternative methods, like bitcoin, that focus on digitized exchange will become more prominent in the future.”...

Full Article: http://forexmagnates.com/oandas-ceo-k-duker-hosts-reddit-ama/
2695  Other / Beginners & Help / Re: Question to Pyramining and Pyraminers on: January 30, 2013, 01:25:56 PM
Wow - this is something new to me... being a 5 day old newbie, I've been reading a LOT, but there's obviously a lot more yet I have to read!

What on earth is pyramining?  O.o

http://www.pyramining.com/

Please think before joining blindly.

Once you have created an account, its final.

Read the FAQ,look at the stats and think before joining.


Pyraminers: There are already enough referral threads, don't turn this into another one!
2696  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: January 30, 2013, 12:01:05 PM
Gibt es eigentlich irgendeine plausible Begründung warum der Bitcoinkurs so stark im moment steigt oder ist das alles wirklich nur reine Spekulation?

Es gab ein paar News in letzter Zeit die etwas bewirkt haben könnten.

Auch gibt es Anzeichen, dass die Gesamtmenge an Bitcoinern steigt.

Blockchain Full Nodes seen in past 48 hours ist von ~ 5600 auf ~6200 gestiegen, seit Dezember (schaue da als mal drauf).

Und die Anzahl der Blockchain Wallets steigt exponentiell, knapp 100.000 mittlerweile.

Dieses Forum hatte diesen Monat die höchste Anzahl an Besuchern seit 1 1/2 Jahren (Juni 2011).
Wenn man einen Oktober 2012 hoch nicht mit zählt, dann haben wir auch diesen Monat die höchste Anzahl an neuen Membern im Forum seit Aug. 2011.

Das alles sind aber nur Anzeichen, daraus kann man nicht wirklich definitive Schlüsse ziehen.

Ich denke, die Bitcoin Adoption nimmt zwar zu, dass meiste ist aber reine Spekulation.
2697  Bitcoin / Bitcoin Discussion / Re: Will you continue using Bitcoin if a evil governement/organisation join in on: January 30, 2013, 09:44:26 AM
No, I refuse to use any currency used for Evil purposes. that why I have gone back to use cowry shells only!

...



In western Africa, shell money was usual legal tender up until the mid 19th century. Before the abolition of the slave trade, large shipments of cowry shells were sent to some of the English ports for reshipment to the slave coast.

Ohh, damn it.
2698  Bitcoin / Press / Re: 2012-12-06 Blink BLINK04: Bitcoin /2013-01-06 Full Issue now (really) avaliable on: January 30, 2013, 06:35:55 AM
I'm only buying if it's edible.

You could print it, put some Tabasco sauce on it and well...
2699  Bitcoin / Press / Re: 2012-12-06 Blink BLINK04: Bitcoin /2013-01-06 Full Issue now (really) avaliable on: January 30, 2013, 06:25:37 AM
How does one download this looks awesome!

Go to:

http://blink.li/current-issue

Click buy now.

Leave Mail address.

Choose pay with Bitcoins. Pay 0.2 BTC to the Address already displayed.

Leave TX-ID in the Comments. Click Submit. Receive download link per mail.

(You see, it's a non coder solution  Tongue )
2700  Other / Off-topic / Re: Big brother is watching and recording you... on: January 29, 2013, 09:33:10 PM
Year, but thankfully all those devices are operated by lazy idiots.

Watch and learn: http://www.youtube.com/watch?v=uVaodJQmnRc
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