Is ruble fully backed by gold??? I thought only swiss franc has that.
Back in 1999, the Swiss voted 59% for changing their constitution, specifically to remove the 40% gold-backing from the Swiss Franc. Recently, a referendum to at least require the central bank to hold 20% of its reserves at gold was proposed as a step towards reintroducing a gold standard. It was defeated with 78% voting against. |
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This is because of oil prices.
Maybe. Oil industries make up a substantial part of the Russian GDP ( 13.9% in 2012). |
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Her ruling followed a request from prosecutors to redact certain names from the full list to reduce the risk of “harm and intimidation.” They cited the FBI’s account that Ulbricht paid for the murders of six people, including at least one employee who he feared would inform on him to law enforcement.
The judge relied on the FBI's account?
If the above account was actually proved, Ulbricht would be in a lot more trouble.
Indeed. In fact, this FBI account was also cited to deny Ross bail. Interesting that he's not even being charged with anything related to hiring hit-men. |
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What do you mean by "Good AML policy"? - Good at not getting shut down by regulators?
- Good at preventing money laundering from happening on their platform?
- Good at not harassing customers with onerous identity requirements and funding limits?
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I put a lot of money into bitcoin and it still hasnt gone past the 1k mark yet im fedup of these idiots messing about with my investment. I deserve to be rich as I spent a lot of time sending money to various exchanges to get the best price.
Why the f uck everything take so long its already been a year and everyone bullshits about regulation and permission to use bitcoin... regulation hasnt done fuck all to benefit anyone... they couldnt even regulate the dreaded toxic debts of 2008 and its absurd that the pee pole had to create their own system of liberation and freedom that is bitcoin ed eth es.
im fedup fedup of those toxic cunts the police (especially those toxic NYPD murdering cunts that get away with it), bankers who can pull out a gun and shoot whoever they fucking want the state telling me how to use my fucking money like a BOSS no.. like a slave and when the timth cometh... it will eventually the governments will force bitcoin undergroeund and business will sell up shop and move elsewhere
also... if bitcoin goes mainstream i want the bitcoin bounty hunter page to list of all pikey parasite scum on their page and opt them out from using bitcoin... shops.. business to only accept bitcoin from respectable citizens and a complete identity database of all pikeys so that when they try to use bitcoin the blockchain will reject them from the system and ultimately form the entire planet.
Yes eth... I was a victim of the parasite scum... they ripped off my garage door with their rag o bone van (where they make the gypo babies)literally ripped it off its hinges and stole £3000 worth of tools and equipment. The idiots dragged it onto the road and made away with my tools... luckily I hath house insurance that paid for my loss and now I hath CCTV 24/7 recording all over my house. VIOLL VILE vile sub human creatures.
"sub human" should be hyphenated. |
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Transcript. I don't know what to do?
I'm gonna go on little boy.
Oh my god.
We're going on big boy.
Oh, we lost.
Lost.
Lost.
Lost.
Won.
Lost.
WOH HO HO HO!!!
OH MY GOD!
OH MY GOD!
OH, MY, GOD!
Oh my god!
Oh my god!
Oh my god!
Oh my fucking god!
Oh my god!
Oh my god!
Oh my god! What the fuck!
Oh my god! Dude! What! That's like fucking 7 bitcoin!
Holy shit! WE JUST WON LIKE 7000 DOLLARS!
Holy FUCK!
Holy fuck!
Holy fuck!
Oh my god!
Oh my god!
Oh my god!
Oh my god!
What the fuck!
WHAT THE FUCK!
WHAT THE FUCK!
WHAT THE FUCK!
What the fuck!
Oh my god!
Oh my god!
Oh my god!
Oh my god!
Oh my god!
Dylan! I've won 7 bitcoin! 8 bitcoin! It's still going!
Go on the stream right now!
Holy FUCK!
WOH MY GOD!
GO! IT'S STILL GOING! I GOT FUCKING JACKPOT!!!
I hit the jackpot!
On big boy!
10 bitcoin!
10 bitcoin!
It's STILL going!
It's still going 11 bitcoin!
11 bitcoin!
It's STILL going!
Oh my god 12 bitcoin!
12 fucking bitcoin!
12 fucking bitcoin!
OH MY GOD IT'S STILL GOING 13 BITCOIN!
13 bitcoin!
13 bit... 14 bitcoin!
14 bitcoin!
14 bitcoin!
It's still going 15 bitcoin!
15 fucking bitcoin!
15 bitcoin!
15 bitcoin!
15 bitcoin!
15 bitcoin!
15 bitcoin!
...Oh my god.
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Birthdays happen on the anniversary of a birth, not an anniversary of a conception and certainly not just when the baby was a glimmer in daddy's eye. "Satoshi Nakamoto Day" should also be the day of bitcoin's birth: 3rd January.
Why should "Satoshi Nakamoto Day" coincide with "Bitcoin's Birthday"? |
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Good. I like weird libertarian things. Far more wholesome than the usual authoritarian things.
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As I was explaining Satoshi Nakamoto Day to someone, I realized, that Satoshi posted something when Dorian was getting harassed by Newsweek, right?
I'm curious if that means we need to recalibrate SND to his latest post? Thoughts?
I'm ok keeping it Dec 12th, or we can put it back up for a vote. Options include:
Nov 5th - day the white paper was published?
Dec 12th - last day on forums
whatever day the post said "I'm not Dorian Nakamoto"
others?
Thanks to all the supporters!
Personally believe that the day the white paper was published. Otherwise, the dates could change constantly. Plus, The day of the white paper being released was one of the first movements of Bitcoin involving the public. I'm ok with that; however, is it Nov 5th, 2008? I was under the impression the paper was released in October 2008. So if you can help me nail down the date, we can perhaps rebrand Satoshi Nakamoto Day and figure this out for going forward, haha. Thanks in advance! I believe the paper was published on metzdowd on 31st October, 2008 (18:10 UTC). You can browse the cryptography@metzdowd mailing list month-by-month simply by modifying the url. Here's October, 2008 and November, 2008. The "I am not Dorian Nakamoto." comment was posted on p2pfoundation on 7th of March, 2014 (01:17 UTC). |
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From the gamespot.com comments: ... it can also have a real negative effect on actual legitimate currency.
Example. People were bulk-buying AMD GPUs using bitcoins, as they were cheap. What happened? AMD GPU prices in USD/GBP/whatever other REAL currency there are, skyrocketed. I'm sure that's great for AMD and bitcoin users, but it's bad for everyone else.
Here we see one reason why a gamer in particular might harbour ill-feeling for Bitcoin. Over the past few years, miners have competed with gamers for graphics cards, pushing up prices in the short-term. Of course, gamers are not excluded from the general observation that almost all adults are completely clueless when it comes to basic economic principles. This simple case of supply and demand quickly drives the hapless individual to an absurd conclusion. This comes in addition to the usual Bitcoin FUD. You'd think gamers might be more sensitive to baseless media spin given that gaming itself is often attacked in the media as "warping young minds" and "training killers". |
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But I agree, supporting the network with only 0.0001 fee won't make them lose a lot  True, but the 100-mike (0.0001-BTC) fee will also not support the network much, nor does it cost the miner much to include the transaction. These "huge" transactions don't take up any more resources than simple transactions of far smaller amounts. The lion's share of the costs are borne by the sender in the form of risk as they may send to the wrong address or reveal sensitive information while creating/signing/broadcasting the transaction. |
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I use Multibit, I need to be careful.
More generally: I have bitcoins; I need to be careful. |
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The 11% figure relates to the ordinary Black Friday and is nothing to do with Bitcoin at all.
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For example, if a customer paid $100 for the amount of bitcoin needed to buy my product,, how much would I get in dollars after I have exchanged her bitcoins to my local currency (use any currency and today's current - or BitPay's - bid and offer prices to provide an answer).
If the customer has dollars and you wish to receive the same currency then there will probably be faster, cheaper, more mainstream options out there than using Bitcoin as an intermediary. The fees are low but, as you note, the spread is a pain. Bitcoin really makes more sense when the customer has bitcoins and/or you wish to receive bitcoins. Additionally, Bitcoin can sometimes be pretty efficient if your customer's local currency is different to your own (in which case you'd have to deal with an FX spead at some point anyway). Now I have to investigate the best service for providing this immediate exchange facility. Is there a list of the possible options?
The company BitPay your referenced is one option. Acting as a payment gateway for merchants to receive local currency while customers shop with bitcoin is their main business. |
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silver fish kracker utoob the noob with phat boobs.
you can see were getting into serious entropy already.
I don't see. How much entropy do you have here? Very conservatively, that would be about 27 bits of entropy minimum, since you have 4 words. (sliver fish kracker utoob). The assumption is there would be minimum of 100 words people would choose. 100^4 = 100,000,000 combinations. As I mentioned, you would need a 24 word passphrase to generate 160 bits of entropy. Ok, I thought you were suggesting that you'd built up quite a bit more entropy than this. While I don't feel you have well-justified* that {a person looks around a room, selects an object, and makes 2 "mental hops"} generates (very conservatively) log_2(100) bits of entropy, I don't doubt that a person conscious of the subtleties of information theory would manage at least this. (*) The assumption of there being 100 different words is insufficient to justify log_2(100) bits of entropy per word. One also needs to assume that the person would select of these 100 words uniformly (each word as likely as the next) for this. In reality, some words are going to be more common than others (maybe following a Pareto distribution?), hurting the entropy, but I expect this will be made up for by a larger dictionary (400 words should easily do it and even this seems a bit conservative to me). |
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Does anyone here mind telling me what a Brain wallet is please ? Basically you remember your Private key from your Wallet or how does it work exactly ?  A brain wallet is a wallet where all the information needed to spend the held bitcoins is memorised. Memorising a private key (or extended private key: BIP-0032) is one simple way of doing this. You might also memorise the essential contents of some service's paper-wallet backup (related reading: BIP-0039). Some people will generate a passphrase themselves and take some 256-bit hash of that passphrase to be used as a private key. However, it is common for people to create insufficient entropy in this process and thereby run the risk of having their bitcoins stolen. silver fish kracker utoob the noob with phat boobs.
you can see were getting into serious entropy already.
I don't see. How much entropy do you have here? |
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There is however a not-so-secret message in the first Bitcoin block relating to the banking bail-out of 2008. Mind you I haven't confirmed the presence of this message myself personally but I believe it's there.
Quick bit of fun for anyone running Bitcoin Core on Linux (with the default blockchain location): > head -c 300 .bitcoin/blocks/blk00000.dat
This prints the first 300 bytes of the blockchain to the console. Along with some clearly non-ascii data, you'll see the headline in plain text. |
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I have just read this post of Satoshi's yesterday and until then I was under the impression that the longest chain always wins. However, Satoshi clearly states here: https://bitcointalk.org/index.php?topic=2228.msg29479#msg29479That: Safe mode can still be triggered by seeing a longer (greater total PoW) invalid block chain. That is an old version of Bitcoin. Is the Safe Mode trigger still there? And how does it work exactly? Safe Mode is still there, functioning as a warning system. It was activated, for example, during the March 2013 (BerkeleyDB) hard fork. It appears that the main function of the mode (aside from alerting users) is to disable sending transactions whenever there appear to be multiple alternative chains with significant PoW (unexpected consensus breakdown or 51% attack) but this only speculation on my part (I'm certainly no core dev). Here's a little research concerning your link: Satoshi indeed said that he'd added some DoS controls and removed "safe-mode" alerts at 6.22pm on December's 12th, 2010. The Github commit: "added some DoS limits, removed safe mode" shows the DoS protections being added as lines 632...649 in main.cpp and the removal of safe mode code in rpc.cpp. The commit was made at 6.20pm on the same day (hover over the commit date). At 6.38pm, a second commit: "correction" re-inserts the safe mode. These elements of the code are still there: "Observe safe mode" and "okSafeMode". |
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This is certainly possible, but I cannot imagine why blockchain.info would accept the TX on their node (which would have had to have happened if it is displayed on their block explorer) if the TX is outright invalid.
Good point. Not only would one expect blockchain.info to do all the basic checks but it had checked all of the input and output scripts and found no problem. Quite likely the transaction was just non-standard and I both failed to find the root problem and goofed in using various push_tx tools. |
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I've heard of Proof of Storage too but this is an anti-DOS proposal; perhaps not what you're looking for. I'm liking the Proof of Porn idea. Is there a whitepaper you could link us to? I think it is all color, HD now, no whitepapers. :-) Good point. How about this? Here, you can find the latest research on mechanisms of distributed consensus: - proof-of-work.pdf (180 kB)
- proof-of-stake.pdf (245 kB)
- proof-of-burn.pdf (71 kB)
- proof-of-porn.avi (2.63 GB)
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