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Seems like quite a risk for the average vendor since most won't know how it works.
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It's pointless busywork designed to scale according to how many other people are doing the same pointless busywork.
Mining gold is pointless busywork; we already have all we'll ever likely need for industrial production, but people continue to do it because it has value. I consider most of what goes on in Washington, D.C. to be pointless busywork. we simply dig when we believe there is gold to be found. We understand that if you agree with bitcoin in it's entirety and have drank the coolaid, that "mining" coins is necessary and thus acceptable. Bitcoin's code however is not a law of nature but a constructed set of rules that can be changed with consensus, leaving absolutely no excuse not to find more intelligent and less wasteful replacements for proof-of-work concepts later on. I admit it; Cultist defenders of energy waste are a sort of pet peve of mine. You're right, we do it with diamonds, not gold. |
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Check out our affiliate program.
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Hello! We have put up our affiliate system, I am looking for newbies to register and encourage everyone to put a link in their signature. You can register at http://www.casinobit.net/login.phpThe current terms are 0.68%, no negative carryover on referrals which means you'd be making more than us on your own referrals. Casinobit - LIVE ROULETTE - NO REGISTRATION (Replace with your aff id) Since it is performance based you can put it in your signature, tweet on twitter, post on Facebook and build up a nice flow of BTC easily, or you can just put it in your signature and make BTC by being an active member. |
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Check the affiliates link in my signature, I encourage all newbies to register and put a link in their signature.
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I need a big hug.
 Big Hug -> lewisg Figured I'd jump back into the noob forum and hook some nublets up   I'm sao tyred off baing a n33b pmg
w3ll a hag woant healp it innit m8 have one anyways Ha! Cute! Send me one please!  Nothing cute about free hugs, it's serious business  |
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Still looking for new ones, I am certain you can make a nice amount just by keeping it in your signature.
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Our affiliate system is up, I am trying to keep this on the down-low for now so I am looking for ~5 people to register for now to see that everything works perfectly (even though it has been thoroughly tested) http://www.casinobit.net/login.phpI encourage people to open accounts to link from their signatures or feature on their website and so on, (almost) no arbitrary limits. The terms are 0.68%, no negative carryover meaning you'd be making more than we do on your referrals. I will edit this out once we get the 5 people, please do not quote this post. Everyone in my Skype with a blog already got it  I am always active if you have any questions. Casinobit - LIVE ROULETTE - NO REGISTRATION (Replace with your aff id in URL) |
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Cool site idea just a shame its not that popular, I'm waiting here and haven't seen anyone play.
You should add a live chat room so people can talk/cheer people on.
Need to have that socialness to live up the place.
The feed has been down for a full day prior so we're still suffering the aftermath I think. Overall I am happy about the current state, we will work on adding features and giving away hugs in the meantime... |
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If proper pruning is implemented one could decrease the size of the chain drastically since there is no need to keep old transactions that have been completely spent (or perhaps just 2 levels "up" to be safe).
that would be good for anonymity also Well not really, it would just prevent the average Joe from acquiring this information, it would be monopolized. |
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If proper pruning is implemented one could decrease the size of the chain drastically since there is no need to keep old transactions that have been completely spent (or perhaps just 2 levels "up" to be safe).
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I can't say no to that!  big hug sir!
I need to vomit now  feel better Free hugs!
stuck at work could do with one  aw man, I'm sure you will be home reading this comment before you know it, hope you will find a job that you enjoy. *hug*
HAVE A GOOD DAY EVERYONE! YEAHHHH |
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Send that crap to 100 thousand Bitcoin users and maybe get 0.05BTC
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Mathematics are irrefutable, people are extremely gullible, stupid and are not programmatic, they could probably bribe Gavin to update bitcoin-qt in the download section with any code within their personal whim. Every man has its price, given the opportunity (almost) everyone would rather relax in some fancy hotel on a tropical island instead of endangering their family.
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Maybe these have already been addressed, but here they are.
1) Early adopters may have stashes of millions of bitcoin. If widely adopted a few super rich could have a huge influence over the whole bitcoin economy. Imagine owning 5% of all USD in circulation(with no fed to inflate).
2) The supply is fixed at 21 million, but bitcoins themselves are not permanent. People die all the time without wills. People die with btc on a computer/flashdrive that no one knows about, they're gone. People don't make backups, their computer crashes, they're gone. You might think this is great, because now your btc are more valuable. But for a currency, it's not such a good thing, to have the supply eroding over time. Theoreticly, the amount of btc could eventually go to zero.
3) Speed of transactions. If btc becomes very widely adopted, can it handle billions of transactions a day without speed becoming an issue?
Don't get me wrong. I love bitcoin and the whole concept behind it. These are just questions of someone looking to learn more.
I don't understand people constantly bitching about potentially super rich early adopters, it's simple risk vs gain, they have put their time effort and money into this technology at the very beginning and they deserve every cent they got. There are dozens of alt-coins currently, how about YOU adopt them NOW at their early stage and take on the risk, so when they grow in value you will become "super rich". So what? As private keys are lost all the other bitcoin are worth more, it is unlikely to ever be a problem decimal place wise and if one day all the owners of bitcoins are murdered the client can be modified to support even more decimal places without significant gain in transaction sizes. Yes. I swear it's like this board is filled with 14 year olds. |
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The real criminals and terrorists are the officials
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Lost enough BTC to Satoshi Dice, Gambling with BTC is dangerous because it doesn't feel like real money.. Read up on the guy who lost his life savings.
Link? Yes but one could argue that casinos use even more elaborate schemes to render the gameplay instinctive and thoughtless, first of all every casino exchanges your dollars to chips so it doesn't feel like real money, secondly rumors of casinos pumping oxygen into the ventilation systems, removing clocks/windows, giving free drinks to players, free rides etc are pretty widespread so I think it is safe to assume that we create an environment which is a lot more safe. True Story: I got punched in the head by casino security once while abroad and it's not like I'm an incredible douche who seeks to troll people in public, I think it was completely uncalled for and unexpected. Getting in fights abroad isn't that fun. Lol on the Casino story.. True enough - Casinos do throw a lot of dollars at separating fools from their money; free alcohol specifically targeted to the bigger money tables is certainly one of many. I'm not saying don't play - just saying don't forget that you're playing with real money. Best of luck to all! Can never be too careful That's pretty cool!
Yes, yes it is. I still can't get over the fact the results are live. |
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