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2881  Other / Politics & Society / Re: Judge Orders Defendant to Decrypt Laptop on: January 24, 2012, 10:07:38 PM
I'm sorry officer, it's in my motor memory only, you'll need to bring me my specially marked keyboard.
2882  Other / Meta / Re: Beyond Hero Status on: January 24, 2012, 06:59:16 PM
"Early" would work for me.
2883  Economy / Marketplace / Re: Digg/Reddit like News site. Voting is based on Bitcoins! on: January 24, 2012, 06:57:31 PM
With up only you'll get things that a small subset really like no matter what other people think. This is good for exposing people to new stuff instead of just stuff that a good number already know and like and no one really objects to. It seems bad to have things that a lot of people love and a lot of people hate get lost in the middle.

A neat way to not have to decide would be to Have "most up", "most down", "net" categories. I actually think I'd look at "most down" quite a lot.
2884  Economy / Marketplace / Re: Digg/Reddit like News site. Voting is based on Bitcoins! on: January 24, 2012, 06:51:19 PM
Quote
Widget to add the coinsmack.com thumbs up to external websites

This would be great, but it seems like a huge security risk. Is there some way to make sure the site hosting the widget doesn't switch out addresses? It wouldn't seem so.
2885  Economy / Speculation / Re: [Daily Speculation Poll] :: I'll trade you some bitcoin on: January 24, 2012, 07:36:23 AM
Heh, and I'll trade them back to you...at a small premium!  Wink
I trade the shit out of BTC!  Cheesy
My 30-day is over 22,000 (no bot). Just wish I had 22k in my account!

If you had only traded once this month you'd have to (err.. or a somewhat equivalent amount of dollars)
2886  Other / Politics & Society / Re: Cash transactions >1000 Euros banned in Italy on: January 24, 2012, 02:00:11 AM

It's the truth, it's not an anecdote.

I don't know if it's the truth or not, but it's definitely an anecdote
2887  Economy / Marketplace / Re: Digg/Reddit like clone where voting is based on bitcoins on: January 24, 2012, 01:32:44 AM
The problem is that you will end up running an ads-only website. Companies will literally pay to put their brand on top and the interesting content will probably end up at the bottom.

The more interesting your ad/product/service is though the more that other people will choose to help spread the word. So there is probably not going to be a lot of "Buy Hanes Underwear" ads.
2888  Economy / Marketplace / Re: Digg/Reddit like clone where voting is based on bitcoins on: January 24, 2012, 12:57:20 AM
Another thought, I like that you can sort by Hot (most coin) and New, but eventually Hot will essentially mean old because they've had so much more time to get paid up.

You could rename Hot to something else (highest, most, richest?) and make Hot mean [Coins/age] so new trending things will spend some time on top but drop as they age faster than they pay.

And... I just went to looks again. This is what you do isn't it? Brilliant (aka great minds think alike).
2889  Economy / Marketplace / Re: Digg/Reddit like clone where voting is based on bitcoins on: January 24, 2012, 12:52:07 AM
Are you taking 1 confirm right now? I have one, but it isn't updated.

Updated.
2890  Economy / Marketplace / Re: Digg/Reddit like clone where voting is based on bitcoins on: January 24, 2012, 12:51:25 AM
Thanks, do you know of any web services that I can get an update for the balance of an address with 0 confirms.

Good question, maybe that's why many people don't take 0.

bitcoincharts.com/bitcoin and blockchain.info have a list of unconfirmed tx, I don't know how you'd use that info easily though.
2891  Bitcoin / Bitcoin Discussion / Re: Ever had bitcoins fly out of your wallet without you actually sending them? on: January 24, 2012, 12:45:46 AM
Oh... or you could give them the key and then later receive to that address and the coins would be taken by GoX? Do they do that? Constantly monitor and credit you?
2892  Bitcoin / Bitcoin Discussion / Re: Ever had bitcoins fly out of your wallet without you actually sending them? on: January 24, 2012, 12:43:54 AM
So.. your client was off, you redeemed a key at Gox, days later turned the client on and saw coins disappear when the chain caught up? That makes sense.
2893  Economy / Marketplace / Re: Digg/Reddit like clone where voting is based on bitcoins on: January 24, 2012, 12:42:15 AM
Excellent.

I'm noticing a lot of situations where counting 0 confirmations as good has virtually 0 risk, but people aren't doing it anyway. This is one of those places.
2894  Economy / Economics / Re: Bitcoin, debt as deep as the banks couldn't have imagined. on: January 23, 2012, 07:32:35 PM
[quote author=jago25_98 link=topic=58890.msg709096#msg709096

I think the problem with charging interest is that it's a compounded calculation - it snowballs. The human mind doesn't calculate that. It also doesn't calculate all the possibilities. Then also there's the addictive drug like effect. Hedge fund megastars will always have a lot to say about psychology... and often it's about using artificial means to enforce disipline... something people didn't have much of years ago.

A set fee for a set time seems fairer. Perhaps there should also be a schedule for what happens if you can't pay - what exactly you will and won't lose. Lose your home? Donate a kidney? - if it's written down at the start at least everybody's clear on it.
Are the Islamic banks actually doing this though or are the customers actually ignorant to what they're agreeing to?
[/quote]

I think borrowing is almost always a bad idea.

But not because human brains can't handle repeated multiplication by a decimal number.

There isn't any particular reason that money borrowed to pay interest ought be lent interest free itself. If this was prohibited or something all it would mean is that you'd have to go to another lender and pay them interest because it would be a new fresh loan.
2895  Other / Beginners & Help / Re: Could Mining Be Useful? on: January 23, 2012, 07:04:11 PM
Can someone show a useful problem that can be broken into millions of parts? Each part having an answer that is already known so we know the solver did it and did it right? I mean just show one problem like this, maybe you can actually do it, but it should demonstrate that it wont' work for anything.

Current 'work' has an amazing property. It can take an arbitrarily large and fine tuned amount of computing (on average) and still be instantly verifiable by everyone. We can all verify both that the work was done and that it was done AFTER the previous block.
2896  Bitcoin / Bitcoin Discussion / Re: Graveyard of Dead Bitcoin Websites on: January 23, 2012, 05:32:13 AM
This thread is kind of depressing!

Oh well, you know what they say:  90 out of every 100 new businesses started fail within the first year, and 99 out of 100 fail within the first five years.

That's totally true.

Yes, I can think of several reasons for such a high apparent failure rate of Bitcoin sites.

Bitcoin inspires people who haven't done certain things now to try it now maybe for the first time and also possibly overextend themselves.

In older sectors a lot of non-fail sites have had time to build up so even if a similar fraction of new businesses die, there are a lot more established businesses (and these get more attention too)

Bitcoin lowers the costs of entry. People can try riskier things because failing doesn't cost so much.

But really it's probably a conspiracy.
2897  Other / Beginners & Help / Re: Could Mining Be Useful? on: January 22, 2012, 11:32:48 PM
Bitcoin mining is useful. It would be great if it could do X, Y, Z or get me a drink at no extra cost, but how?
2898  Economy / Services / One craigslist post for me on: January 22, 2012, 11:23:27 PM
Apparently I can't even sell a couch without giving a phone number, fine I give it, lol, they say my prepay phone doesn't count.

I'll pay .25BTC to someone who will post this for me. PM and I'll send you details and the post. You'll need a 'real' phone, I hope it doesn't have to match the region, that would be extreme.
2899  Economy / Speculation / Re: Comcast DNS Now Fails on Bitcoinica? on: January 22, 2012, 10:51:08 PM
There are still laws, people dont steal from each other or they will get jailed

Is that why you don't steal?

Have you noticed that people are still stealing even with the laws?

How about we pay if they actually deliver? That's a pretty damn low bar btw. If I deliver you an unrequested service it doesn't matter how awesome it is, you don't owe.
2900  Other / Politics & Society / Re: Cash transactions >1000 Euros banned in Italy on: January 22, 2012, 10:45:19 PM
Do you know about the rampant tax evasion in italy? It's not like in usa where the IRS go and kickass who evade.

+1  


there are people that drive ferraris and claim money from the government because they claim to live below the poverty line.



Maybe they do?

If I bought a Ferrari, I'd be pretty poor.
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