What a way to draw conclusions about people, and whether true or not if he's gay, what business is it of yours? What a way to greet a new member - confront him about his sexual orientation. This guy has been discussing Bitcoin on twitter for days. He hosts a talkshow. He's not a bot.  Welcome Bruce. Ooops. If true, I apologize. I was just being sarcastic anyway. Don't want to offend anyone. I don't care if he's gay. I was just trying to find an explanation for the weirdness of his post. |
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Nice Grondilu, I missed all of that. It's pretty early in the morning here, I'll take that as an excuse.
Looks like a real person who has a form letter introduction for self/site/career promotion. I think it means he doesn't really love us, so don't get your hopes up guys.
Oh snap! He even mentions keeping spambots out. It's over, machines win.
I guess the more this forum gets popular and have an important number of members, the more spambot designers get interested in publishing there. |
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Hi!
I'm new here. Just wanted to say HI to everyone and introduce myself.
Just learned about bitcoin and am fascinated...
Anxious to learn about it.
What's the best RSS feed I should subscribe to... to read all the best news about bitcoin?
( As a sidebar: To the moderators of this forum: How do you keep spambots out of your SMF forum!? I ran one once and disbanded it because of the constant fighting the spambots. )
Anyway, Cheers from New York City!
Bruce & Ed
Funny thing about this post is that it could be sent to just about pretty much any kind of internet project's forum. Just have to copy your message and replace "bitcoin" by the project name. Two hypothesis : 1. you are not a human being, but a spambot. The fact that you mention spambots might be a way for you to get some information about how admins fight against you. Then your human designer will be able to fool them better. 2. you're gay. Posting a first message and saying "Hi. Just wanted to introduce myself", sounds like a hyper-social behavior, very characteristic of gay community. Plus, you announce you live in New-York (as if anybody cares) where those people are not rare, and your signature is a weird "Bruce & Ed", which is difficult not to understand as a way to express that you live with an other man. So, which is it ?  |
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It's the fact that it is law, and that people thing that's just what it is "in everyone's best interest" that puzzles me. I don't want to break the law, I don't have an issue with having the notice, it's the fact that people feel the notice is needed that shows the current state of afairs Sometimes I wonder why we should respect laws we don't agree with. |
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It's silly to say that Austrian economists insist on backed currency. Backing is something you do to a crappy piece of paper if people won't take it without. Gold is not backed by anything, it IS gold. Bitcoin is not backed by anything it IS bitcoin. The dollar IS paper that used to be backed by gold, now it just IS paper.
+1 |
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In a post, while talking about bitcoin, I wrote "the bitcoin".
If bitcoin is a currency, then we might talk about it as we do with other currencies. Sometimes, we say "the U.S. dollar", or "the Euro", or "the japanese yen" or just "the dollar", "the yen" and so on...
Therefore, can we talk about "the bitcoin" ?
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I'm actually going to an investment conference in New Orleans ( http://www.neworleansconference.com/) this week. If I get a chance to speak to Peter Schiff then I'll be sure to mention Bitcoin to him! I suspect Peter Schiff is not geek enough to understand how good is the bitcoin. However, if we could convince him that bitcoin is potentially better than gold, and if we could convince him to advocate for it, this would be a huge support for bitcoins. Tell him some people (like me) have even started to sell their gold for bitcoins |
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Large blocks are a valid DoS attack against bitcoin, presently. Transaction fees kick in at higher block sizes, but it still remains quite inexpensive to flood the network, even if you are paying full TX fees right up to the 1MB (?) block limit. I dunno about lucrative, but...
Damned it. Do you mean that Governments could harm the bitcoin network with this kind of DoS attack ? |
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More fundamentally, let's say someone for whatever reason spams the network with lots of transactions with no fee at 1MB per second. Most of the transactions don't get into blocks because they don't have the necessary fee, but they are not forgotten! They have to persist in all the clients to try to get into the next block. Are they stored on disc? If they are stored in memory then the client consumes memory at 3.6 GB every hour! If they are stored on disc then it's the same problem as if they were hashed in the block chain.
Unless there is a scheme for forgetting transactions that have insufficient fee then it's still a big problem. I said that Bitcoin doesn't have effective countermeasures against spamming. I think I have shown that fees are not effective and that the current fee schedule make the problem worse, not better.
ByteCoin
I don't understand everything but somehow I have the feeling that what ByteCoin says is not completely rubish. Could someone examin all this seriously and make a clear report ? Ideally it would be Satoshi but I guess he can't be everywhere. PS. I think there is an intrinsic limit to the number of transactions per second. I guess it was in order to resist this kind of attack. |
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I put your bid and a link to this message as a reference. Thanks. The way I see it though, nobody rational will sell them to me for 400 BTC, when they could sell them on eBay for at least $50 each, and buy ~$200 worth of bitcoins (1250 BTC.) But you never know.. Buying bitcoins is not that easy. The exchange markets have some drawbacks (one month waiting for mtgox for instance). Plus someone might want not to pass through the banking system. Therefore it is very much possible that someone meets your bid. |
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You can place a bid at 10 BTC, if you want Cool. I'll bid four for 400 BTC if they're .999 purity Mines are. Notice that you won't necessarly buy my bars. Someone else could send me a sell order. If this 'ask' matches your 'bid', I'll make you two contact each other. I put your bid and a link to this message as a reference. |
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Bitcoin is a measure unit for a decentralized electronic commodity, whose total amount is limited by cryptographic concepts such as the "proof-of-work", instead of trust in a third party.
I think you exceeded the 15 words limit. that was a first draft. I edited it. |
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The current price of Gold in dollars: $43 per gram. (Goldprice.org)
The current BTC exchange rate: $0.16 (MtGox)
Current price of Gold in bitcoins:
$43 per /0.16 = BTC 268.75 per gram. If someone bought a gram of gold off you for 8 BTC they could make quite a big profit ;-)
Well, a bid is not a price. It might be silly to sell a gram of gold for 8 BTC, but who knows ? It could happen. A very low bid has at least the merit of existing. If someone wants to place a bid on the order book, at least he has this as a reference. It's better than nothing. You can place a bid at 10 BTC, if you want Edit. I actually still have 40 bc to spend. I've added a bid for 2 grams at 20 bc each. Of course, this uses the USD as a proxy currency because there is no real market for gold in BTC yet. However, if Austrian economics is true, in the long run the value of the dollar will be worthless, but the value of gold will not be. At that point it will take infinite USD to buy gold (or anything.) But hopefully not infinite bitcoins...
Maybe if BTC becomes more liquid against other currencies (Euro, Yen, Yuan or GBP) the price could be determined more accurately by weighting against these currencies. Not sure how you'd weight them. I think they do something similar with the dollar index (currencies and commodities.)
Personnaly I predict the price of gold in bitcoin will be more or less constant in the very long term, but with short term huge volatility. A bit like the price of gold in silver, for exemple. |
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Here are mines. You can give bitcoins to the one you like :
Bitcoin is a measure unit for a decentralized electronic commodity, whose amount is limited cryptographically. 15 words.
1Ag2MvYKev55EynQGcsXkSohK495m5HAye
Bitcoin is worthless, but at least nobody can steal it. And this is priceless. 14 words.
1AD89UiiCsdkAhq1BykBvGKfqQzmhmhvrT
After the barbareous relic, here comes bitcoin : the cypherpunk money. 11 words.
13H4iob9os2W72zwMrXhhVs9X6cmWmn71y
Bitcoin is an electronic commodity, suitable for use as a currency. 11 words.
1Ap31HrGEdxAYYSB3Hf23dM31CpvyqtoRm
Bitcoin is to information technology what gold is to economy. 10 words.
1HRvEsQKdkw2Nk59fVpH2GyoDvseQu7TRa
Bitcoin is a fully decentralized cryptocurrency. 6 words.
1Gii4FT42y65VLBwCy8kknEn6WxdA6y52F
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Oops I deleted a response to this thread by mistake.
So I was saying that I exist now, and that I've already succeeded in selling a one once silver coin.
Plus, two mini gold 1g bars have been bought, and are currently being shipped. One to France, and an other one to Germany.
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What I really like about Peter is that he is funny and brings people to the movement. When I started discovering austrian economics I watched a lot of Peter videos, and that lead me to more complex stuff. Someone funny always help to spread whatever you want to spread.
+1 Peter Schiff is one of the funniest austrian economist commentator. Very pleasant to listen. I like his analogies for instance. |
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Nice.
We should work on a translation in other language.
Any french female speaker for Alice's voice ?
At least it could worth spending some time to subtitle this. I'll see what I can do. Any help for this is welcome. A full transcript in english would be a good start. I could them time it with a subtitle editor. Finally, I can translate it in my own language.
Edit. ahh, why bother ? would be too much work for too a small benefit. I though on adding subtitles as well, but I think its very US specific. I added spanish subtitles to the Hayek vs Keynes rap video, and that was worth it. Its more international. But this, as brilliant as it is, its just not international. Anyway, I think I have watched it 3 times this morning and still do not get tired of it. Indeed the H. vs K. rap was pretty good. When I saw it, I immediately started a french subtitling. I could do only half of it, though. Somebody was faster than me an published a nice one. This video is good but very US specific indeed. Also, it's very talkative and therefore would be hard to subtitle. It would be nice to have a place on this forum or on the bitcoin site where we could gather links to good libertarian oriented clips. |
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Nice. We should work on a translation in other language. Any french female speaker for Alice's voice ? At least it could worth spending some time to subtitle this. I'll see what I can do. Any help for this is welcome. A full transcript in english would be a good start. I could them time it with a subtitle editor. Finally, I can translate it in my own language. Edit. ahh, why bother ? would be too much work for too a small benefit. |
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What we have today is not capitalism it is corporatism or soft fascism and the governement itself is a corporation which hands out favours to other corporations. Corporations now control the gun in the room of government and have taken over.Witness the disgusting spectacle of the banking bailouts in which the less wealthy are forced to pay off the misdeeds and corruption of large corporations. The bankers get trillions of dollars while the countries infrastructure falls apart and communities are crushed by debt. The elite are like giant fat bloated mosquitos sucking out all the value and destroying the middle class which they hate with a vengeance.
Capitalism is not the problem it is corruption and greed. When you design a system of giving men power over other men it will attract the ones who want to use it for their own ends. A business by itself cant do anything but please its customers or fail. A business in control of the reigns of power can force customers to use its services and have no consequences of failure. Witness GM Holden and Wall Street.
The problem is that we let a bunch of people use force to do business. We are even stupid enough to pay them for doing so. We even elect them, and consider them as "great men", or "leaders". |
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Any kind of democracy, "consensus decision-making", or any type of government entails some group of people forcing their will on some other group of people. They all violate property rights and are therefore immoral.
I have to agree with theymos. Personnaly I think sesessionism is the only way to solve this. If minority can't accept to obey to majority, then there has to be separation, or war. |
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