Bitcoin Forum
June 20, 2024, 09:46:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 [195] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 »
3881  Other / Beginners & Help / Re: My Blog BitConomy.net on: November 24, 2012, 12:48:11 AM
The page is blank without Javascript turned on...sorry, I won't be able to read anything you post there.
The page isn't blank, everything's just invisible thanks to this CSS:
body {
   margin:      0;
   padding:     0;
   font-family: "Segoe UI", "Lucida Grande", "Helvetica Neue", sans-serif;
   font-size:   15px;
   opacity:     0;
}

which is overridden by Javascript. Since absolutely nothing on that site even requires Javascript as far as I can tell (it seems to work just fine if you disable both Javascript and CSS), I'm going to assume this attempt to force people to enable Javascript is a sign of something sinister and strongly urge everybody not to visit this site until a damn good explanation is provided. Angry
3882  Other / Beginners & Help / Re: Squidnet (TimothyA) - is he to be trusted? on: November 21, 2012, 07:52:51 PM
My apologies for not applying Hanlon's razor to the situation. We get a lot of scammers here, as you know.

But regardless of the provider utterly destroying the neccesary data, I did give several weeks/months notice to withdraw whatever you had with squidnet as I already suspected that dediserve would screw up with their announced maintenance and I was already planning on packing up everything and end it due to the operation costs... I just did not expect for them to screw up *this* big.

As for keeping several online and offline backups at the datacenters; they were on different hardware in different datacenters. Who would EVER expect for *all* of them fail as catastrophically as it did? All I had was an older offline backup on my local harddisk; A harddisk which also decided to go "FU!" in my face so even that backup is semi-corrupt, and inaccurate, after attempting to recover it.
So, you suspected they would screw up, and you still trusted them with your only recent backups? (And no, it is not unexpected that *all* of them would fail at the same time for the same reason - I  really can't believe you didn't see this coming.) And by the sounds of it, you didn't even check that your single older backup was still working until it too late? That's just hopeless. Hard drives are cheap. Not having a working backup is expensive. It's a no-brainer. But some people have to learn things the hard way.

And for Foxpup's earlier messages: you are aware there are a couple of popular BTC pools and services right now that do not keep recent backups and are only operating on a single server instead of having several redundant online servers in different locations of the world like I did while being able to afford them, right? If you call me incompetent, than what would you call these people? These same people also tend to store your passwords in md5 without a salt... *shiver*
I call these people "utterly moronic". Stupidity and gross negligence is par for the course in Bitcoinland. That's no excuse. Well, I hope you've learnt something from this incident.
3883  Bitcoin / Bitcoin Discussion / Re: A newbie asks - how many % of your disposable money have you in BTC? on: November 21, 2012, 07:59:31 AM
I realize that there is no use in trying to get people here to come to their senses. Anyone that can afford to lose 80% of their money either has no money or is living in their parents' basement, or both. You just aren't being rational.
Say what? Anyone who can't afford to lose 80% of their money doesn't have anywhere near enough savings, and is going to get absolutely slaughtered when (not if) the global economy implodes. If you have a full-time job and no massive debts, and that doesn't add up to an ever-growing mountain of cash that you don't know what to do with and wouldn't cause any inconvenience if it suddenly vanished, then you're doing something horribly wrong.

The second biggest risk is that the government declares bitcoin illegal in some way (probably saying it supports terrorism or some other kind of nonsense). Scoff all you want, but making it illegal in some fashion will scare away all of  the people you are counting on to buy your million dollar bitcoins.

The biggest risk to bitcoin is that the government will try to regulate it. Again, it doesn't matter if it is possible, or successful, or not. The result of regulation will be that most people will avoid bitcoin because it won't be worth the hassle, and your dream of million dollar bitcoins will disappear.
"The" government? I wasn't aware there was only one. Well, that certainly changes things, doesn't it?
3884  Other / Beginners & Help / Re: Squidnet (TimothyA) - is he to be trusted? on: November 20, 2012, 07:56:47 PM
Still, I think there is a chance that TimothyA did not plan this, and that he will return what he can retrieve:
There is a chance. But if he is telling the truth, then he has admitted to an astounding level of incompetence that is simply inexcusable when handling other people's money. Whether he returns your money or not, you should never trust him with your money ever again.
3885  Other / Beginners & Help / Re: Squidnet (TimothyA) - is he to be trusted? on: November 20, 2012, 07:16:20 PM
No.

Quote
<realhanz> but you did not have an online backup somewhere else?
<TimothyA> the backup was with the same hosting provider in a different datacenter...
<TimothyA> three different online backups
<TimothyA> all wrecked at the same time
Three online backups? All hosted by the same cloud service that's hosting the original files?!? And no offline backup? Roll Eyes TimothyA is either a scammer trying to bullshit you or else completely fucking retarded. Nobody's that stupid. And if they are, you certainly shouldn't trust them with your money.
3886  Other / Beginners & Help / Re: BitCoin stuck @ 93.27% on: November 20, 2012, 01:08:42 PM
Green bar is gone, but I'm still out of sync and the Swirl says I'm at block 204500 and 28 days away. At least it's getting closer, but blockcount shows only 189414 blocks out there?
If it's getting closer, it's all good. All you have to do is wait.

This is how many blocks there are right now: http://blockexplorer.com/q/getblockcount
No it isn't. Blockexplorer.com hasn't been working right for... I can't even remember how long. Use http://blockchain.info/q/getblockcount instead.
3887  Bitcoin / Bitcoin Discussion / Re: Idea for strippers: QR code on your ass on: November 20, 2012, 09:37:17 AM
Apophenia kicked in, for I see a Class M-3 Model B9 doing a dromedary while doing a CandyGirl, both Fido style. (bottom half of image, right of lower position symbol)
Can't unsee...
3888  Other / Beginners & Help / Re: BitCoin stuck @ 93.27% on: November 20, 2012, 07:54:43 AM
That's impossible. Block 194649 is from over 3 months ago. If your client was even close to 100% yesterday it would have already been way past block 194649. Something has clearly gone horribly wrong (especially if blk0002.dat is growing in size despite being stuck on block 194649). I'd suggest you close Bitcoin, wait for it fully shut down, then delete (or move to another folder, if you're worried about deleting things) blk0001.dat, blk0002.dat, and blkindex.dat, and then restart Bitcoin. This will force it to download the blockchain from scratch, which should fix any odd issues.

Also, while you're at it, you should backup your wallet.dat file if you haven't already, especially since you've already sent money to it. If anything happens to that file, your money's gone for good unless you have a backup. So back it up!
3889  Bitcoin / Bitcoin Discussion / Re: A newbie asks - how many % of your disposable money have you in BTC? on: November 19, 2012, 09:28:55 AM
My question now is that how many % of your disposable money have you already in BTC?
100%, but I have a stable income and enough fiat for day-to-day expenses, so I don't have anything to worry about if there's another massive crash and the value of my bitcoin holdings goes down the toilet (instead, I see crashes as an opportunity to buy cheap coins).

Is 1/20th too small?
That depends entirely on how much you're willing to risk. If your financial situation is very secure, to the point where losing most of your money would not really cause you any great inconvenience, then you might be willing to risk most or all of your money on bitcoins. Otherwise, you need to think very carefully about exactly how much money you can afford to lose without it being a major problem. Do not invest any more than you can afford to lose.
3890  Other / Beginners & Help / Re: Very overlooked detail that could catch us off guard. on: November 19, 2012, 07:24:13 AM
Smiley  So I've decided to get into mining with a couple of decent laptops and they're downloading the blocks of transaction history now, thing is, it says 134,813 blocks of 208,537 blocks downloaded, now remember there's only going to be 21 million bit coins unless they add more or do something to increase coin capacity, n there's 50 coins paid per block solved... 

   208,537  ---  (total blocks)
  x       50  ---  (bit coins paid per block)
   {equals}
_________

10,426,850 bit coins

that's almost half of the bit coins, and judging by some of these $30,000 gpu's built specifically for bit coin mining that put out forgot how many ghz (but it's alot), that people are preordering that release next month, thinking they'll be able to mine to their hearts content, and the current amount of mining farms constantly being upgraded with higher end gear, along with people pouring into bit coin mining because of the success of bit coin mining, I'd say we got 2 to 4 months tops to do something about the 21 million bit coin cap.
Go read about difficulty and Bitcoin's currency supply, and come back when you understand why the cap won't be reached until the year 2140 (which is slightly more than "2 to 4 months" away).

Anyways just a suggestion if people want to keep the system alive I suggest you figure out a way to increase the cap without inflation hapening and all the other things that make bubbles go pop.
Impossible. Increasing the cap on the money supply is the very definition of inflation, and a fixed cap is the only way to stop inflation happening, by definition. Limiting inflation is whole reason bitcoin production is capped in the first place.

I have been developing a  self reliant renewable energy source and machine that uses hydrogen
That's an oxymoron, since not only is hydrogen not renewable, it doesn't even exist in a form usable as an energy source anywhere on Earth. (There are oil wells and natural gas wells and water wells, but there ain't no such thing as a hydrogen well (and even if there were, it's not renewable). And producing hydrogen from any source other than a non-existent hydrogen well requires more energy than you would get by burning the hydrogen.)

Unless, of course, you're talking about a "self reliant renewable energy source" and "machine that uses hydrogen" as two completely different things, though the former is impossible and the latter is not very impressive as we already have several such machines.
3891  Other / Beginners & Help / Re: ASIC IS OVER 9000 TIMES BETTER THEN GPU on: November 18, 2012, 08:25:13 AM
Pros: It makes attacks using commodity hardware (eg, botnets, which are one of the more serious threats at the moment) much less efficient, which increases security. By the same token, it provides the same level of security against such attacks while consuming far less energy (the amount of energy used in bitcoin mining is something detractors are constantly complaining about for some reason).

Cons: No prototype has ever been publicly demonstrated, and they may not actually exist yet, despite claims to the contrary. Some have accused the manufacturers of being scammers, though it's entirely possible their suspicious behaviour is a desperate attempt to avoid the fate of the Osborne Computer Corporation (whose premature announcement of a relatively advanced, but not-yet-existent computer system led directly to the company's bankruptcy when customers cancelled their orders for existing products and as a result the company didn't have enough money coming in to actually develop and release the new system).
3892  Other / Beginners & Help / Re: When do speculators plan to cash out? on: November 18, 2012, 07:46:00 AM
Investors (the sane ones, at least) plan to cash out when the value of their bitcoin holdings compared to their other assets (and thus the amount they stand to lose if when there's another bitcoin crash) exceeds their tolerance for risks. Eg, if you're willing to risk putting half your money in bitcoins, and then the bitcoin price doubles, you'd suddenly have two-thirds of your money in bitcoins. If you consider two-thirds of your money to be more than you're willing to risk on bitcoins, then you'd want to sell some of your bitcoins at this point (in this case selling a quarter of your bitcoins would bring you back to a 50:50 allocation). Note that you should never sell all of your bitcoins, no matter how high the price goes - you'll be kicking yourself if the price goes up even further.
3893  Other / Beginners & Help / Re: I apologize, Let me rephrase that on: November 15, 2012, 07:04:29 PM
When you buy bread at a supermarket, do you ask where they got it?
I do, and so would anyone else with half a brain, if they're selling it for half the cost of the ingredients to make it. And if their answer is "we don't ask questions, and it's better if we don't know", I think I will be purchasing my bread elsewhere. You're either a thief or a scammer, and we'll have no part of either. GTFO.
3894  Economy / Speculation / Re: bitcoins accumulation is at an all time high on: November 14, 2012, 10:48:10 AM
can anyone explain how the "Accumulation / Distribution Index" indicator actually works?
Wikipedia can.

Basically, if the price is going up, there is accumulation in proportion to the trade volume. If the price is going down, there's distribution in proportion to trade volume. The actual magnitude of the price increase/decrease is inconsequential. Increasing accumulation simply means that there's more volume when prices are rising than when prices are falling. The theory behind the name is that the price increases when there's excess demand (people are trying to accumulate) and decreases when there's excess supply (people are trying to distribute). That's all. It only indicates demand, it doesn't say anything about where that demand is coming from, whether it's from new buyers, or whatever.
3895  Other / Beginners & Help / Re: Bitcoin Wiki Security Certificate expired? on: November 12, 2012, 08:14:53 AM
Does anyone know what date the StartCom Class 2 Primary Intermediate Server CA certificate allegedly expired on? Because I'm looking at it right now in OpenSSL and it says it's valid from 2007-2017. There's no way it's expired. Huh
3896  Other / Off-topic / Re: new dirver is on the road, Watch out! on: November 12, 2012, 06:27:37 AM
will i get a ticket in the mail?
Unlikely. The reason red-light cameras take two pictures in quick succession is to tell (by how far your car traveled between the two pictures) whether you were actually running the red light or if you just stopped a little bit over the line. You probably won't get a ticket in the latter case.
3897  Other / Beginners & Help / Re: Is bitcoin only a hologram of a cryptocurrency? Huh? on: November 12, 2012, 05:03:20 AM
His is saying that because all transactions are recorded in the block chain, the currency is not really anonymous, and can't live up to its claim of being a "cryptocurrency". That' all.
...which of course misses the point completely, as the purpose (and indeed, the very definition) of cryptocurrency is that transactions can be cryptographically verified by anyone, eliminating the need to rely on trusted third parties to verify transactions. Anonymity or traceability has absolutely nothing to do with whether something is a cryptocurrency or not.
3898  Other / Beginners & Help / Re: Why arent we spending our BTC? on: November 10, 2012, 10:41:55 PM
I am spending my bitcoins. I'm just not spending them right now.  It's called saving. This concept seems to confuse and irritate some people. I don't understand why; it should be obvious that I'm going to spend them eventually - why would I buy bitcoins in the first place if I'm never going to use them? And even if I don't ever spend them, that's my problem, not anybody else's.

When people are saying bitcoin will go to a hundred, or a thousand, why would anyone use it instead of hold on and get rich ? Maybe this will be the downfall
Because rich people gotta eat, too, and you can't eat bitcoins. Deflation is only a problem if people starve to death waiting for the price of food to go down. But that's not going to happen: as the fact that people buy computers demonstrates, the promise of cheaper prices tomorrow doesn't mean much if you want something today.
3899  Other / Beginners & Help / Re: Bitmonedo introduction on: November 09, 2012, 11:56:30 PM
Welcome, Bitmonedo.

Your hope is misplaced. "Technology" won't bring you lots of bitcoins. Working hard and providing something of value to the community will bring you lots of bitcoins. TANSTAAFL.

(Note that "mining" is the business of providing security for the Bitcoin network for profit (not a get-rich-quick scheme or a way to make "free" money), and speculative investment can be regarded as a useful service as it adds your hard-earned money to the Bitcoin economy. Neither of these activities are without cost or risk.)
3900  Other / Beginners & Help / Re: Bitcoin Wiki Security Certificate expired? on: November 09, 2012, 04:13:10 AM
ok so it says the bitcoin.it certificate is valid, but the "StartCom Class 2 Primary Intermediate Server CA" has expired
No it hasn't. It is valid from 2007-10-24 20:57:09 GMT to 2017-10-24 20:57:09 GMT and has the following fingerprints:
SHA1: a1ace4046b6e332232b87ecfb6f37a0763720147
MD5: 3560c6d76a78ce1ee8126c5f80b9d504
Pages: « 1 ... 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 [195] 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!