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3001  Bitcoin / Bitcoin Discussion / Re: Will Amazon buy Blockchain.info till 2016? on: August 27, 2014, 02:24:33 PM
Would Satoshi agree on selling the Blockchain.info page? Is Blockchain.info directly linked wiith the Bitcoin devs??

Blockchain.info is just someone's web site.  
3002  Other / MultiBit / Re: Transactions show in blockchain but not receiving it... on: August 27, 2014, 02:19:15 PM
It will get into the next block, I'm pretty sure.

Onkel Paul

Edit: Just got the first confirmation, so unless someone stages a gigantic double-spending heist right now you're good.

Looks like 9+ confirmations now, so Onkel Paul is right...it all looks good.  ;-)
3003  Bitcoin / Press / Re: [2014-08-25] All the truth about DOGE on: August 27, 2014, 02:17:13 PM
http://www.cryptobang.com/2014/08/25/all-the-truth-about-doge/

The DogeCoin madness started in December, 2013, when the cryptocurrency was released. Everyone thought it will be the next big thing, the new Bitcoin. Unfortunately, it couldn’t live up to the expectations of crypto fans around the world. In spite of people’s enthusiasm, the Portland script-based cryptocurrency was poorly crafted from the very beginning.

"script-based"?  Really? ? ?  Ah, no, it is not "script" based, but "scrypt".
3004  Bitcoin / Press / Re: [2014-08-27] For Bitcoin’s Miners and Spenders, a Supply and Demand Imbalance on: August 27, 2014, 02:14:15 PM
"the amount of mining activity keeps increasing"

Which does not change the amount of coins available, at most it slightly increases the speed at which they become available.  As aigeezer said, the "crisis of the moment" is nothing.  The "degree of difficulty" has been increasing forever, just varying in the amount (with only a few times where it actually dropped slightly).

This is just a WSJ Blog, so pretty meaningless IMO.
3005  Economy / Service Discussion / Re: Blockchain wallet backup stolen from Hotmail? on: August 27, 2014, 10:44:01 AM
You should move any remaining balance to a new address to be safe ASAP.
3006  Bitcoin / Press / Re: [2014-08-26] CD: Citi: Miners and Merchants Are Keeping Bitcoin Prices Low on: August 26, 2014, 09:48:20 PM
If citi's statement about oversupply from miners is true, It will be interesting to see what happens now that we are less than two years to the next halving (perhaps 20-22 months even - but it is all a guess) what happens as we approach it and people realize the supply of new coins will drop then.  
3007  Bitcoin / Bitcoin Technical Support / Re: BITCOIN Stolen from my computer! HELP PLEASE? on: August 26, 2014, 04:20:16 PM
Sorry to hear you lost so many coins, there is nothing you can do from this point.

For next time please install a proper antivirus. Avira free version is perfectly fine.

Best thing you can do is store your coins on a pc or old laptop that you only use to access your btc wallet.

Nowadays hackers, viruses, etc are pointed at finding and stealing your bitcoins.

The best thing is cold storage for any large number of coins, or a PC (as 1Referee accurately states) that you only use for bitcoin and it not connected to the internet.

You should not rely on anti-virus programs. Some say some antivirus programs detect 90% or even 95%, but 5% or 10% missed is enough for you to lose your coins.  Likewise, you may have spyware and that is often missed too.  e.g.  See this, where anti-virus software was only detecting about 40% of some malware:
http://www.bankinfosecurity.eu/banking-malware-new-challenger-to-zeus-a-7006/op-1

You will have a hard time getting your coins back.  It isn't that "bitcoin people" are greedy, it is that there are dishonest people out there who will take you whenever and wherever they can if you give them the chance.

3008  Bitcoin / Press / Re: [2014-08-26] $100k in Bitcoin lost in Cannabis Road hack on: August 26, 2014, 11:27:24 AM
http://www.cityam.com/1408996835/100000-bitcoin-lost-cannabis-road-hack

Cannabis Road is now offline, and those trying to get onto the website will be greeted with a message informing visitors about the hack and how the developers intend to proceed.

Lead developer for Cannabis Road, Crypto, said the attack was discovered around  10:15am UTC after logging into its Bitcoin wallet and seeing the balance had dropped to near zero.
I think security features development will gain a huge growth in next few years.
There is a need to stop those h@x0r5 before they will became the most wealthy group of the world.

It seems people don't ever learn: don't use exchanges or marketplaces as banks.
3009  Bitcoin / Bitcoin Discussion / Re: One of the best TV interviews on smart contracts in quite a while on: August 25, 2014, 10:17:47 AM
Solid segment but RT is really difficult to take seriously.

They've done more to cover stories than the usual corporate-owned news outlets, that's for sure.
USA news is a joke, honestly.

Vice? Pbs? NY Times? Your argument is invalid.

Vice - Started in toronto, is global - not a USA owned news outlet (ref: http://www.vice.com/shane-smith )
PBS - Oh look, they're funded by corporations and "government agencies" - I'm sure they never get that phone call to pull a show, lol (ref: http://www.pbs.org/producing/funding/)
NY Times - Well, besides stonewalling on the NSA story - hey, we can't have REAL coverage in a US Publication (ref: https://en.wikipedia.org/wiki/The_New_York_Times "Ethics Incidents" section) The Ochs-Sulzberger family trust controls roughly 88 percent of the company's class B shares, with good 'ol "Carlos Slim" pumping in the rest.

Nice one, you have an old monied family and a Mexican billionaire calling the shots - not to mention their checkered history with owners influencing stories. Not really good examples.

Excellent points. Anyone who thinks pbs or the nytimes is not a government authoritarian mouthpiece hasn't been paying attention.

3010  Bitcoin / Press / Re: [2014-08-25] Why There Should Be A Bitcoin Central Bank on: August 25, 2014, 10:05:11 AM
I'm sure we all look forward to seeing this alt FedCoin once it is forked from bitcoin. It will be an interesting experiment and demonstration to show what people prefer when they have a choice.
3011  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Transaction stuck on: August 25, 2014, 12:14:25 AM
It looks like it confirmed. As was stated above, not every transaction needs a fee. In general, the larger amount transferred and older the better. :-)
3012  Bitcoin / Press / Re: [2014-08-24] Stability and Taxes: Could Bitcoin Be a Replacement for Gold? on: August 24, 2014, 02:48:41 PM
There is a new coin fully backed by gold i think. Forgot what its called.  Bitcoin is the new digital gold though.

The problem with a gold-backed coin is that it has to be stored somewhere centralized making it open to seizure like Liberty Dollar was.  As such it is somewhat at odds with the distributed nature of bitcoin and other cryptos.  ;-)


(see http://en.wikipedia.org/wiki/Liberty_Dollar)
3013  Bitcoin / Bitcoin Technical Support / Re: Bitcoind crashes after logging off of SSH session on: August 23, 2014, 02:12:32 PM
I'll bet that the underlying cause is that you enabled home directory encryption -- your home directory will only remain decrypted while you are logged in. You can relocate the datadir and start bitcoind with -datadir=/new/dir as another way to get around this.

Forgot to mention though, this just started happening.  I had the full node running for months (with p2pool on top) without a problem, and I haven't enabled home directory encryption. 

I've moved the directory and short exits from ssh seem to be working.  I'm wondering if a restart has re-enabled home drive encryption.

I've been running a similar node too and just moved it to a new server. I didn't see that with or without screen (just as a datapoint -ubuntu 14.04). 
3014  Bitcoin / Bitcoin Technical Support / Re: Bitcoind crashes after logging off of SSH session on: August 23, 2014, 10:39:07 AM
Not sure of the actual fix, but a short term solution to get around the issue could be to use "screen"

Yes, running with screen should help.
3015  Bitcoin / Press / Re: [2014-08-22] New York Can’t Risk Getting Bitcoin Regulation Wrong on: August 22, 2014, 11:10:39 PM
The desired consequences are infringements of victimless economic liberty. They can extend the comment period 4500, 45,000 days, the result will be the same.

I think you hit the nail on the head: vague-enough laws that some bureaucracy can be hired to fill it to make some rules that are vague enough to be thrown at someone who is the current target.
3016  Bitcoin / Press / Re: [2014-08-22] FT.com - Tech race fuels Bitcoin mining bubble on: August 22, 2014, 06:57:10 PM
paywall?


TL;DR:
Quote
...  But even as the Bitcoin price decays [from last November], there is another candidate for the bubble label: the market for the specially designed computers that hold the Bitcoin network together and “mine” for newly minted coins.  ...
3017  Bitcoin / Bitcoin Discussion / Re: #IceBucketChallenge in honor of Hal Finney and bringing Awareness to ALS on: August 22, 2014, 01:38:53 PM
Guidestar.org   Check it out before donating!!

Less than 30% of your money donated gets used to help people with ALS or R&D for ALS. Less than 30%!!! 0.30 cents per 1 usd. $30 per $100 usd. The person that runs ALS.org gets PAID!!! $320,000 IN 2012. The most recent tax filings. The % paid to run the "charity" *cough* operating costs, are greater than the % given out to help! A true travesty!!

It's a shitty charity!! This "Ice Bucket Challenge" is ridiculous!

Guidestar.org   Check it out before donating!!


I would have to agree.  30% is terrible.  I helped start two charities - one end of 1998 into early 1999 that I stayed on the Board for 5 years - and has as of 2014 now donated more than $25 million for cancer research.  The people who started it were volunteers and yes, we paid a few professionals (attorneys and accountants, but many donated time) but nothing like 70% overhead, maybe 1% for filing fees and the like. 

ALS is a terrible disease and donating to it is very worthwhile, but using only 30% for research is, as 1CoolNewb said, a travesty.  If this guy really cared, he'd be taking 1/5th or 1/4th of what he is getting paid.

The other way to donate is to look at researchers at Universities who are actually doing research, and donating directly to the University for that department or researcher.  Then there is no overhead and you do more good.



3018  Economy / Economics / Re: Fractional reserve Youtube propaganda on: August 21, 2014, 11:53:55 PM

Sound - if you missed what has gone on in the world the last 100 years with regard to the value of money, recessions and the like. 
3019  Bitcoin / Legal / Re: Tax ..not if you REALLY have money on: August 21, 2014, 06:55:39 PM
Bitcoin is taxable or not? Can anyone confirm this? I might be in trouble then..

It depends where you are.  It depends what tax you are talking about.  It depends what you are doing with bitcoin, being paid in it, trading etc.  "Bitcoin" itself is not taxable, it is a protocol, a client, and the blockchain etc.  Its uses may be taxable as above.  

As for just not mentioning it as someone said above, it really depends on your appetite for risk.
3020  Economy / Economics / Re: Bitcoin as a socially fair currency on: August 21, 2014, 05:14:05 PM
...because most people have been excluded from early investments...

Just to be clear, no one was "excluded from early investments".  Bitcoin has been open to everyone since it launched.  Just like investing in Intel in the 1970s-1980s would've paid off.  Or Google in the early 2000s, or Apple in the 1990s or 1980s.  Or IBM in the 1930s etc. 

As far as "investments" goes, it seems like only during the last year or so have many people been calling buying and using the currency an "investment". 

:-)
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