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381  Other / Politics & Society / Re: Forget Quantum computer - This can come earlier on: September 08, 2012, 08:29:14 PM
@molecular ... reading of DNA is definitely slower than 10 min :-) You will have a solution that was good a day ago :-)

That is probably not the only problem with the approach Wink.

I know this is completely unfeasable, but for the fun of it: I only need to read a very small portion of the dna. Find primer (did I use that word right?), read data. Still 10 minutes?

The advantage of DNA is not speed, but parallelization.  See, Helicos's or Illuminia's sequencing systems. They do say 5Gbp / day in short fragments, but do that by sequencing millions at once, not by high speed.


382  Other / Politics & Society / Re: Forget Quantum computer - This can come earlier on: September 08, 2012, 08:18:32 PM
Yes, a small portion ... this is basic research ... but to publish something in Nature (derivatives) You must claim that You discovered America. Only a small percentage of nonsense get's through the referees but this is still much bigger than the number of discovered Americas :-)

Yes, that's a problem with science and the media, one is concerned with finding the best theory, and the other is concerned with finding the most readers through hype and exaggeration Smiley

Which is which?
383  Other / Politics & Society / Re: Forget Quantum computer - This can come earlier on: September 08, 2012, 08:13:11 PM
Biological computation has broad appeal to the layperson, engineer, comp sci person, hence it's common publication in Science, Nature. In practice, synthetic biology's promise is not there, but rather in metabolite engineering, biological production of difficult to synthesize molecules, biofuels, etc.

Also, at Nature about 60% of submissions get through referees, but < 10% of submissions get sent out for review.
384  Other / Politics & Society / Re: Forget Quantum computer - This can come earlier on: September 08, 2012, 07:54:49 PM
An even faster approach to computing is going to be done through synthetic biology. A rapidly growing field, taken "public" by "Dr Craig Venter" that created the first artificial lifeform only a few years ago. (Google Synthia).

Fast forward today, we are looking at logical gates being assembled by the use of synthetic biology. For great reference look here: http://www.kurzweilai.net/scientists-create-computing-building-blocks-from-bacteria-and-dna or here: http://www3.imperial.ac.uk/portal/page/portallive/AF95133B97CC7745E040C69B47390348

Question is how soon we can expect a synthetic biological ASIC device and how much such can outperform silicon based products. Looking at the synthetic biology and how it develops this could hit us anytime out of the blue.

I havent been able to really figuere out what team in what country is close to getting a wet-ware computer up and running. If you know more about this please do feel free to post. This could be the next mayor development in computing, and what better way to test speed is there than mining Bitcoins.

For cool synthetic biology stuff you will enjoy this: http://www.youtube.com/watch?v=AKxmqMH4w_A

No team is "close". No team is even "far". It's not going to happen. "wet-ware" computers will always tremendously suck except for very specific pattern recognition functions using DNA oligonucleotides.  Erik Winfree at CalTech is the closest to having a generalized computational device, but he is a long way away from anything practical.  Silicon computers will always be at least 100,000,000 times faster. I am an expert in a related field.
  
385  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: September 08, 2012, 12:13:13 PM
ouch.... bad day for s.dice.
386  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: September 06, 2012, 08:02:42 PM
I would bet that Satoshi Dice does not default nor drop in value faster than any tranche of greek debt I could buy as a retail investor.


S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.


And I think we can all agree SatoshiDICE will be around much longer than Greece  Wink 
387  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: September 06, 2012, 05:21:54 PM
It's not an issue of trust, its an issue of 2 counterparties (mpex, s.dice) instead of 4 (glbse, pass thru).  Also the 5% lost dividend payments.  I think it makes sense to go MPEx at around 500 coins, but not sure I want all that in one investment.

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

388  Bitcoin / Hardware / Re: ModMiner Quad High Efficiency FPGA Bitcoin Mining Devices 840Mh/s BTCFPGA.com on: September 06, 2012, 01:30:41 PM

Well, universities dont have fabs, so where ever they fab those chips, you could go there and have your asic produced. There are a few possible ways; either

Many universities have fabs, though feature size is of course limited.  I have had 3um feature neural interface chips fabbed at university of maryland's facility. Not sure what their limits are.  Used commercial fab to do 1um features.
389  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: September 06, 2012, 10:22:32 AM
Wow!  Glad I bought in to the pass thru last night!

I may need to bite the bullet and buy an account on MPEx to reduce counterparty exposure.

390  Other / Beginners & Help / Re: Isn't this whole bitcoin thing just a big scammers party? on: August 24, 2012, 12:50:36 AM
everywhere I look I see scam sites, untrustworthy people, hackers and pyramid schemes running riot,

isn't this whole bitcoin thing just a trap? I don't really see why you'd want to be part of it...
Bitcoin itself isn't a trap, what it is is unregulated - it lends itself to illegal activity, and as a result there's proportionally more shady activity than in other currencies.
Still, buyer beware. If you're financially savvy you have nothing to worry about.

It is fascinating and unbelievable to me how gullible many users are.  I thought people with bitcoins must more technically savvy and that would make them financially savvy, but it turns out those two things are totally decorrelated.
This.
There's a lot of incredibly gullible people on here dropping staggering amounts of money on people they don't know for projects they don't understand.

The words "due diligence" seem to be meaningless to some members...

Before anyone puts money in one of these schemes they should first do some fiat trading of front month options on a stock going into an earnings call.  Then they will learn how much it sucks to lose money on an investment you don't really understand.
391  Other / Beginners & Help / Re: Bitcoin-Qt synchronizing very slowly - bug or not? on: August 24, 2012, 12:47:35 AM
Normal.  It is the biggest problem with bitcoin, hopefully devs will improve system before 1.0
392  Other / Beginners & Help / Re: Isn't this whole bitcoin thing just a big scammers party? on: August 23, 2012, 04:37:45 PM
Seals certainly isn't.  But that doesn't mean you won't lose money on the site now that a few real poker players have discovered it. My skilled friend has 150% ROI there, put in 175, now up to 450BTC just from playing.  I am down 70  Undecided
393  Other / Beginners & Help / Re: Isn't this whole bitcoin thing just a big scammers party? on: August 23, 2012, 12:45:42 PM
It is fascinating and unbelievable to me how gullible many users are.  I thought people with bitcoins must more technically savvy and that would make them financially savvy, but it turns out those two things are totally decorrelated.
394  Other / Beginners & Help / Betsofbitco.in statement on Pirate's PPT payout open till Sept 1st. on: August 23, 2012, 12:29:39 PM
I don't trust anyone who is offering to bet on the payout without a secure 3rd party proxy.  I'm sure others feel the same way. SO I posted this betting statement on betsofbitco.in.

http://betsofbitco.in/item?id=583

I put 55BTC down that pirate won't pay out.  Currently the bets are at 3:60  for:against, not a bad value for pro-pirate bettors.

Pirateat40 will pay out sufficient bitcoins to pay off these five major PPTs to par value by Sept 1st. For this statement to be true at least the following payments must be made to all five of these public passthru funds by midnight September 1st.

https://bitcointalk.org/index.php?topic=102301.0
https://bitcointalk.org/index.php?topic=101942.0

GLBSE ticker: TYGRR.BOND-P
Amount required: 27,895 BTC

GLBSE ticker: PPT.A -> PPT.E
Amount required: 11,520 BTC

GLBSE ticker: FOO.PPPPT
Amount required: 6,331 BTC

GLBSE ticker: BIB.PIRATE
Amount required: 15,901 BTC

GLBSE ticker: BIF.BTCST.PPT
Amount required: 1,023 BTC

This statement will be assessed by the consensus results of these two forum threads at midnight September 1st.
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