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Rename the thread title to "Escrow + Goods Inspection Service". What you describe is more than just escrow.
How is security at your office? Are you there during normal delivery hours every day? What happens when a delivery happens when you are not there? I am just thinking, if everyone knows the address of your office, and knows that expensive hardware is being delivered there, perhaps daily, then it could make for a fairly easy crime of opportunity the first moment you aren't at your office and packages are dropped at/near your door.
I think it would be an interesting service, but it would definitely increase expenses. Instead of paying for one shipment, two shipments now have to be paid for, plus whatever percentage you plan to take. That said, I do believe it is a service people would be willing to pay for in some cases.
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*affixes bull horns on head with superglue*
Seriously, I don't know if I'll ever go bearish on Bitcoin again after hearing the description on how the conference went.
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Maria-
[Note- I am doing this on my serious keyboard, so this must be treated as a serious question, and not my usual cheeky drivel...]
If one were to bid, say 25btc for this item, and then to prove that it is real, ask you to transfer ownership of it over to them, and then, and only then make payment to that same wallet, since that is the only verified proof that it is the wallet in question... wouldn't that person being paying themselves?
Trifling with matters like this is exactly how black holes get made, and Democrats get elected. Stop the insanity, and save our corner of the galaxy. Don't bid on this thing.
Why would Maria ask the new owner to send payment to an address in the old wallet? That'd be silly... |
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Hey, I completely agree with you Holliday. I just didn't like the way sharky said that people paying with debit/credit cards only care about instant gratification and don't care about the fees.
But it's true, most people do not care about those fees they don't see on their statements and or receipts and they do want their products and services right away. A Bitcoin credit/debit card would be nice, but there still would be hidden fees associated with it and proves my point that we are a gotta have it now/instant gratification society. I disagree. Tell me, how else are you going to solve physical point-of-sale with Bitcoin? |
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THERE'S NO RULES! *pulls off shirt* |
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You guys realize that you're going backwards with the bids when you add exponents > 1 to a bid < 1? I still have high bid then.  |
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Well, if capitalization is completely unknown and potentially truly random, that's 2^40 of entropy right there. Even if you're doing 1 billion attempts a second (no idea if that's possible), you'd still have 2^31 seconds to complete it, or about 68 years.
Heh? 2^40 / 1000000000 = 1100s. MATHS FAIL. Will update my post. |
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and you complaining about my complaining is not going to do jack either buckwheat.
I am not allowed to have an opinion that differs from yours?
I am in different pools to be honest and sorry to rain on your parade but these anti hopping things are still easily exploited by someone who isn't just a script kiddie or drone and actually has half a functioning brain.
IN the end, as long as they keep the sheep happy the pool operators make tons of cash off their work.
Aaron
You're certainly allowed to have an opinion. Glad to hear you found a pool that suites your taste. That's what everyone should do. Please do share how anti-hopping pools are easily exploited. |
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I have to agree with firefop on this one, if someone did the work, they should be compensated for it. Sometimes I have to use my computer for other tasks and have to shut down the mining a bit, it really sucks if I have to lose 3 hours or 8 hours worth of mining, just because I wasn't there for the last 12 minutes or whatever.
I understand why pools do this, but do not necessarily agree with it. So what if you spend all your time there BFD, the work that 'hopper' accomplished DID add to you guys figuring out the click for your money. If they didnt do that, you'd be there even longer waiting for your payout.
Im not saying that the pool owners need to change their rules, that's not my place, and it is what it is. I am just making my feelings known on it.
Also on this, the pool operators are NOT going broke on this. hosting is dirt cheap, and with a bigger pool, they ARE raking in the cash. Don't try to say you are not either, because you'd not be doing all of the pool management stuff if you were not getting compensated for it. and No I do NOT believe you are doing it solely because you love 'helping out' the community.
Aaron
Honestly, if you don't like it, then move to a different pool. I mine 24/7 on the same pool, so for me, anti-pool hopping calculations are very welcome. I don't want someone stealing 20-30% of my revenues by hopping my pool. If that's something you don't care about, then by all means, join a pool that pays straight up proportional. Or just join a PPS pool, as has been suggested half a dozen times already. Complaining about it isn't going to do jack. Those calculations are there for a reason, and many of us appreciate that reason (and therefore mine on those pools). |
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IMHO it is part of BFLs "responsibility" (and in their) best interest to make sure Bitcoins become widely adopted.
If you phrase it like this I agree with you. Agreed. There is no "responsibility" here. BFL can do what they want. But, as they have said in the past and continue to stand by, they believe that ensuring the success of Bitcoin is a priority, and they aren't going to do anything to harm it. Certainly, if the price went up 100 fold, then they could sell 100x as many miners, so I bet they wouldn't mind increasing adoption one bit, and I wouldn't be surprised if they have things in the works along those lines. |
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I'll give you $500 of BTC for the laptop. I don't want to get rid of it that badly.  It was worth a shot.  |
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I'll give you $500 of BTC for the laptop. |
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You will not mine anything worth while with a 7850 mining 4hours per day..
It's worthwhile for experimenting, which is what he wants to do. |
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I think you need to answer this question:
How much is a person's life worth? If you could use $5 of taxpayer (or people who pay for healthcare) money to do it, would you? $10? $1,000? $1M? $1B? $1T?
At what point is the drain on society as a whole too much to bear to save a single life?
never But you are missing the point. With todays level of technology that sum is so marginal that it doesn't affect society more than random fluctuations in the market. It truly is negligible. Never? Really? So you would have taxpayers pay $1T to save someone's life? 100 lives later, and you've increase the national debt to 7 times what it is now, forever indebting your descendents to live a life of slavery in vain attempt to pay off said debt? And somehow, that is ok with you? As I said before you are missing the point. Individual instances do not add much, but unpaid healthcare costs as a whole are a huge burden on society. The general attitude seems to be that every life is priceless, and everyone should be forced, via taxes or increased healthcare costs, to pay these priceless prices, but I think that is an inappropriate way to look at it. There are other concerns at play, such as opportunity cost and quality of life. Some procedures or series of procedures or ongoing health care can cost millions of dollars. Most people won't make more than a million dollars (present value) in their lifetime. And how many lives could be saved in third-world countries with the money spent on one procedure here in the US? Is it appropriate for us to deem the lives of our countrymen that much more valuable than the lives of other people around the world? Isn't that what countries are supposed to do? But for the sake of argument: Lets say we spend as much as threat everybody in Zimbabwe for Aids and Malaria. And which point do you think the production methods would be efficient enough that costs per person are down one order of magnitude, two, three or four orders? Why should that efficiency be lost for western patients for which the treatment costs would be negligible? If government is forcing us to "help" people in the way that they deem appropriate, then we have less funds available to help people the way we see fit, which, in some cases, might include saving a hundred lives of people in a third world country instead of one life in the US. Why does the government get to make such a judgement call on an issue of morality like this?
There are enough resources available to do it. The only reason why the current system isn't able to provide a good live for everybody is that it is inefficient. Heck if we switch to Thorium power every man woman and child could live a very high energy lifestyle, we could make the Sahara into an oasis, and there would still be enough time and resources to colonize motherfuckin space. This discussion is getting stale. I'm just going to agree to disagree with you at this point. |
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Well, if capitalization is completely unknown and potentially truly random, that's 2^40 of entropy right there. Even if you're doing 1 billion attempts a second (no idea if that's possible), you'd still have 2^31 seconds to complete it, or about 68 years.
Actually the capitalization is somewhat known. there are several words in the passphrase. The first letter in each word is either capitalized or not. And the order of the words is unknown? Any other unknowns? How many words? |
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Hey, I completely agree with you Holliday. I just didn't like the way sharky said that people paying with debit/credit cards only care about instant gratification and don't care about the fees.
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