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4001  Bitcoin / Press / Re: 2013-11-24 Rischio Calcolato - The bitcoin envy on: November 24, 2013, 03:28:31 PM
I have to agree with Zeroday. Many people dislike success. In some places it is a motivating factor -"I could do that" - but those places are getting rarer.

It also depends on the field. Tech being a big one.

By the way, that was a good translation, thanks!

"the majority of the citizens of the world will hate the BTC but much more they will hate those who own them and use them. They will ask for the defense of the good old central bank currency that offered free lunches. There will be a mortal struggle with BTC, they will ask for prison, death and torture to those who own them and use them. Fortunately, it is not a foregone conclusion that they will succeed."

dont agree with the most here.


It's true. Crowds hate successful people.
I was born in a poor family and spend my childhood in a poor district.
When I started making business and achieved my first financial success, almost everyone in our community started to hate me. They told me I'm asshole because I don't go to a plant every morning as everybody of them do, but instead I sit at home and make "obscure money" by unknown way.
I tried to calm their hatred by donating money for some improvements on our street, but their hatred then became more aggressive and I was accused of attempting to "bribe" their attitude. Finally, I just left the community with all their shit and moved to another place.

4002  Bitcoin / Press / Re: 2013-11-22 [Video] CNBC: Cramer: Treasury 'should've shut down bitcoin' on: November 24, 2013, 03:22:13 PM
No big deal. :-)

QUITE.  Please read what you linked to, excerpted here:

Quote
Comcast intended to buy out the rest of GE's stake over the following seven years, but nothing happened until February 12, 2013, when Comcast announced its intention to complete the purchase all at once and assume 100% ownership of the company by the end of March.[10][11] The deal was finalized on March 19, 2013


My apologies. I did not read it all. I was wrong.
4003  Bitcoin / Development & Technical Discussion / Re: How much rarer are short bitcoin addresses? on: November 24, 2013, 07:31:18 AM
They just vary due to encoding, so (somewhat simplified) if you had two:
12345678
00098765  could be written as 98765

That doesn't quantify it, but this explains:

Quote
Most Bitcoin addresses are 34 characters. They consist of random digits and uppercase and lowercase letters, with the exception that the uppercase letter "O", uppercase letter "I", lowercase letter "l", and the number "0" are never used to prevent visual ambiguity.
Some Bitcoin addresses can be shorter than 34 characters (as few as 27 in theory) and still be valid. A significant percentage of Bitcoin addresses are only 33 characters, and some addresses may be even shorter. Every Bitcoin address stands for a number - somewhat like an account number. These shorter addresses are valid simply because they stand for numbers that happen to start with zeroes, and when the zeroes are omitted, the encoded address gets shorter.
Several of the characters inside a Bitcoin address are used as a checksum so that typographical errors can be automatically found and rejected. The checksum also allows Bitcoin software to confirm that a 33-character (or shorter) address is in fact valid and isn't simply an address with a missing character.



I'm not very good at math... but I have noticed that 33-character addresses are about 20 times less common than 34-character addresses. Similarly, are 32-character addresses 20 times less common than 33-character addresses (and so on)?

I would really like to see a math guru confirm this.
4004  Bitcoin / Press / 2013-11-22 Money Week Bitcoin: a ‘libertarian Ponzi scheme’ on: November 23, 2013, 07:49:58 PM
The headline does not reflect their opinion, they are responding to the contention that it is a Ponzi scheme and has a discussion of various other issues:

http://moneyweek.com/bill-bonner-bitcoin-a-libertarian-ponzi-scheme/
4005  Bitcoin / Bitcoin Discussion / Re: NSA could pwn all of your coinz (?) on: November 23, 2013, 07:02:00 PM
If you don't like Alex Jones reporting it, NRC.nl is reporting it which InfoWars references.  And they had the docs:
http://www.nrc.nl/nieuws/2013/11/23/nsa-infected-50000-computer-networks-with-malicious-software/


NSA: Not Only Snooping But Infecting Computer Networks Worldwide
http://www.infowars.com/nsa-not-only-snooping-but-infecting-computer-networks-worldwide/

...even if they didn't -yet. Maybe just 'cause they might find the thing useful for them (?) like Tor. Just to remind that your puter may get NSA-inside anytime.


Alex Jones.  Roll Eyes
4006  Bitcoin / Press / Re: 2013-11-23 Financial Times: The mystery of Bitcoin is how it keeps users’ trust on: November 23, 2013, 03:41:57 PM
And how governments destroyed the value of currencies.  Not to mention how gold and silver existed prior to governments as a value of exchange.

FT is just carrying water to the authoritarians.


Should pay more attention to How banks lost users' trust.
4007  Bitcoin / Press / Re: 2013-11-23: PCWorld: Bitcoin gets new friends, but still a bit player on: November 23, 2013, 03:03:53 PM
I like this part too:

Quote
“For people who can afford to invest a little in bitcoins, it’s worth looking into,” said Branson, an investor in the currency himself.

http://www.pcworld.com/article/2066700/bitcoin-gets-new-friends-but-still-a-bit-player.html

"All this traction is great for Bitcoin, but it still has a ways to go before it becomes mainstream."
4008  Bitcoin / Press / Re: 2013-11-22 [Video] CNBC: Cramer: Treasury 'should've shut down bitcoin' on: November 23, 2013, 12:06:23 PM
QUITE.  Please read what you linked to, excerpted here:

Quote
Comcast intended to buy out the rest of GE's stake over the following seven years, but nothing happened until February 12, 2013, when Comcast announced its intention to complete the purchase all at once and assume 100% ownership of the company by the end of March.[10][11] The deal was finalized on March 19, 2013

4009  Bitcoin / Bitcoin Discussion / Re: The question going through everyone's mind. on: November 23, 2013, 02:37:35 AM
You don't. 

Do I win a prize?

Well then.. bitcoin will always be cast in a bad light...

The Statist authoritarians always cast anything that could take away their control in a bad light. The same group has been fighting for power for centuries.  Their goal is to rule you.
4010  Bitcoin / Press / Re: 2013-11-22 [Video] CNBC: Cramer: Treasury 'should've shut down bitcoin' on: November 23, 2013, 02:29:14 AM
GE does not own NBC Universal - Comcast does as of March 2013.

Dumb da dumb, dumb, dumb! For the record, CNBC is just an MSM propaganda outlet owned by General Electric and is only relevant (in their fake world) because they're paid by brokerage firms and certain stock and mutual funds to pump their bullshit on unsuspecting casual observers. People, we are gonna be the nouveau riche, luminaries and dignitaries of the future.  Cheesy
4011  Other / Beginners & Help / Re: Moved BTC between wallet and paper wallet, now some is missing? on: November 22, 2013, 09:15:09 PM
There are some good explanations of fees:
http://bitcoinfees.com

https://en.bitcoin.it/wiki/Transaction_fees

:-)


Oh, right! I was under the impression that there were no transaction fees (isn't that one of the big points of bitcoin?). It's just a few cents, so no big deal, but that was pretty confusing. Thanks guys!
4012  Bitcoin / Press / Re: 2013-11-22 Prison Planet -Someone Just Transferred $148 Million Worth Of Bitcoin on: November 22, 2013, 09:13:10 PM
True.  At MtGox even worse (if they are not based in Japan).   Grin

Hopefully not going to hit the exchange at market order Cheesy
4013  Economy / Economics / Re: Distribution of bitcoin wealth by owner on: November 22, 2013, 09:11:22 PM
I had mentioned this elsewhere, but it is apropos for here (you may have to follow the trail after this too):
https://blockchain.info/block-index/441990

https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204

:-)


Let's start working on the December 1 update of the list!

- A more careful analysis of the blockchain is in my todo-list. What I have in mind is a relation table of "holder activity profile" -> "number of accounts".

- Please check the TOP-500 Richest list, even though it is feeble what comes to accuracy. Apart from Satoshi, FBI and Loaded, no one has admitted controlling more than BTC100,000. (The BTC111,000 address is DPR's afaik.)

- My gut feeling is that number of bitcoin holders was estimated a little too small last time - an analysis of Bitcoin client and wallet software userbases, (Rassah!  Smiley ) plus Coinbase users, Bittiraha.fi users and Localbitcoins activity, and new user count in exchanges, is what we need to find more reliable figures.

3, 2, 1, GO!  BTC GrinBTC
4014  Bitcoin / Press / 2013-11-22 Prison Planet -Someone Just Transferred $148 Million Worth Of Bitcoin on: November 22, 2013, 08:19:17 PM
Someone just transferred 194,993.50000004 BTC

http://www.prisonplanet.com/someone-just-transferred-148-million-worth-of-bitcoin.html

The transaction info is here:
https://blockchain.info/tx/1c12443203a48f42cdf7b1acee5b4b1c1fedc144cb909a3bf5edbffafb0cd204
4015  Bitcoin / Press / Re: 2013-11-20 New Scientist: Bitcoin-moves-beyond-mere-money on: November 21, 2013, 08:55:08 PM
Every week the economic statistics come out and whatever they say it is "unexpectedly" <something>.  If anyone else had that record of inaccuracy they'd be laughed out of their field.



I'd love to have a job as an economist. I could pull numbers out of my ass and be wrong for my entire career - all the while racking up some impressive $100K+ annual income.

The only thing more useless than a economist is a politician.

4016  Other / Meta / Re: Freedom of Speech on: November 21, 2013, 08:49:48 PM
He must be ignored by a ton of people by now, just ignore him too.
4017  Economy / Service Discussion / Re: Blockchain.info accounting is strange on: November 21, 2013, 05:53:15 PM
Birdy is spot on - so make sure you keep a backup of your wallet.dat file so that you will have the private key(s) for that address.

You can always send everything from the qt client to blockchain.info to consolidate it.

Or send it to a paper wallet so you don't have to worry about it as much.

I think I understand. But then which is accurate? Block or qt?

Both, it's just that you didn't give one address to blockchain.info, so it doesn't list it (and you cannot spend them from there).
You still own 1.53337621 Bitcoins and could send all of them with bitcoin-qt.
4018  Alternate cryptocurrencies / Altcoin Discussion / Re: [2013-11-21] Alpha Technologies Announces ASIC Miners for Litecoin are Coming on: November 21, 2013, 05:42:17 PM
BFL is "shipping in two weeks."   Grin

Tell me when they're available to pre-order
4019  Economy / Scam Accusations / Re: Just got this email from Bitcoin.com on: November 21, 2013, 04:37:32 PM
You beat me to it! 
 Wink

4020  Bitcoin / Press / Re: 2013-11-20 New Scientist: Bitcoin-moves-beyond-mere-money on: November 21, 2013, 03:42:56 PM
If all the economists were laid end to end, they'd never reach a conclusion.

George Bernard Shaw



we've done it'; we're finally money Smiley

The lesson here is that real scientists understand Bitcoin and its blockchain far better than faux scientists (economists) will ever do.

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