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How much to deliver flowers to my sister in Dunedin when she has her baby?
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no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1. Deal?
I will add this bet on betsofbitcoin in the next 1-2 days
P.S. And to clarify: I never indicated that I did not forecast the USD fail. In fact, it is the opposite. I expect this very strongly since years.Saying you believe that silver will hit less that 10 USD in four years implies you believe the USD will exist in 4 years. Got it? Or you going to back out of that implication too? LOL. do we have a bet or not? I thought we agreed on option 1 He's more interested in running his mouth than putting his money up. |
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Just imagine Bitcoin network serving 100m customers.
New transaction arrives every second. Software have to verify its inputs by queriyng huge database. And every client do this job for every trans. Every transaction will cause millions of nodes to lookup bunch of keys in 100G database....
Also every client must keep this transaction buffer.
Well, let's wait that times.
It's called an unspent transaction cache. You don't have to query every transaction, just keep a running list of how much each nonempty address holds. Yes, there are scalability issues to be addressed before we get to 100 GB, but they are being addressed and the software is improving constantly. |
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no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1. Deal? Were did he ever say the USD would not fail? His prediction was about silver, you pulled in the BS about the USD. the whole bet is silver in relation to USD. if usd disappears by 2016 bet should be void; but not anymore Right. S3052 was generous to accept that condition. If we bet which of two trees would be taller in a year, and some third party came and replaced one tree with a different tree most people would call off the bet, not give it to the person who bet against the tree that was removed. |
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1. Very unlikely to happen, if they actually are able to produce working hardware they would be much better off continuing to do so.
Pls explain me why to sell chicken which brings golden eggs? Because during a gold rush there are very few miners/panners who strike a nice gold vein, but everyone who sells shovels and blue jeans gets rich. Most miners barely scrape by and eventually give up. |
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Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.
I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.
We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.
I would think a 0% fee should lower volatility. It would definitely lower the spread. True, lower spread, which makes more traders stay online as they can make money, which will drive the size of bids and asks up, which will make the swings larger, which is pretty much the same as higher volatility. The 50% discount last time sure got things going again. People must be getting tired of eating cold turkey for two days now. The press don't have much to write about between Christmas and new year. Maybe that is the magic combination of media and general boredom we are waiting for? I still don't see how larger orders on the books (greater liquidity, less slippage) increases volatility. Higher volume may hasten an upcoming move, but the move should be more slow and steady with less slippage. |
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Another portion of pessimism  1. Bitcoin has a bottleneck with unconfirmed transactions network buffer, firstly pointed by Microsoft research team. It can easily paralyze network on high load 2. Bitcoin has a bottleneck with its database size and sync process. Vanilla client is almost unusable for common non-technicial Internet user. If problem 2 may be solved by futher Electrum server development and deployment of such scheme, the problem 1 persists. If it were so easy don't you think it would be attempted? They invented a problem that doesn't seem to actually exist just so they could "fix" bitcoin. Yes, I have read and understood the paper. |
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Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.
I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.
We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.
I would think a 0% fee should lower volatility. It would definitely lower the spread. Yeah, a 0% fee has the least volatility because the market is most efficient. Well, unless negative fees are discounted. Negative fee would get you minimum spread and huge volume as people take the free money until the offer ends or they run out of funds to pay the traders. |
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Sorry, I think it was only a 50% discount last time in March this year. A 0 fee week
would up the volatility right away.
I think the lesson is that the harder coins are to mine, the less people want to part with them. what we need now it a big scam gone bust like pirate. Maybe the coming big pre order ponzi. Any kind of regulatory intervention would also smoke out the tax free and SR types of the market.
We'll just have to wait it out. No need to panic sell or panic buy. Besides this hasn't gone on for very long, remember $5.50? that took two months.
I would think a 0% fee should lower volatility. It would definitely lower the spread. |
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forecast on track :-)
what forecast He sells a newsletter. |
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no, I just wanted help to define the physical Silver price.
I am fine with the bet, except the point on the USD currency change / default, because I think this is very likely.
There are two options.
1) reduce the bet to 10 BTC and I go with your conditions
2) keep 100 BTC but remove the currency risk. If the USD changes in backing or does not exist as it does today (meaning all USD is now backed partially by gold or some other hard asset or another US currency is created or if the USD is modified by chopping off zeros on the bills (LOL)) NOONE WINS.
Since you insist on finally admitting that the USD will likely fail (despite your prediction initially, which I commend you for), let's just go with #1. Deal? Were did he ever say the USD would not fail? His prediction was about silver, you pulled in the BS about the USD. |
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Pardon my french, but what the fuck is Ripple? And why should I give a flying fuck?
My best understanding is that is a bitcoin-otc style web-of-trust plus dated IOUs. When you have an IOUs to pay, it can be satisfied by a bitcoin transaction or by the other party issuing their own IOU before yours is due. |
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I think it will start from the small things. It often happens that someone hasn't enough money on their wallet/debit card/bitcoin wallet/paypal account or else to pay the dinner/videogame/service/pizza/... (I'm talking about people that we know and trust for these small things) Ripple will be used on our smartphones as a simple "note" for all these cases. After a while there will become available the first connections between people that we don't know directly, and here we will start to see the "magic" of the system  Not to mention businesses with many transactions in both directions. Ripple keeps score and bitcoin is used to settle up at the end of the day. |
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This is to continue the thread after the similar one got locked down. This is about speculation on Silver prices and discuss technical analysis and fundamentals. I have made my bet official. Silver will move below 10 USD at least intraday before Dec 31, 2016As I could not find a reliable link for physical Silver prices, I use paper prices. If someone can help me out with physical silver prices, I will add another bet as promised for physical Silver prices. http://betsofbitco.in/item?id=1044Too bad we can only assume smoothie won't take the other side based on the hissy fit he threw right before he locked the other thread. "I'm right, you're wrong, and you're not allowed to respond. Also you're trying to back out, not me." Lol. |
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I never declared any desire, nor value, in studying the methods of some third world country with a vastly different economy and style of living.
Then you might compare violent crime rates and gun possession/regulation between, let's say metropolitan LA or NYC and rural Texas. Or maybe one of them is third world too? They are all in the same country. Local regulations have little effect as city and state lines are easily crossed. That's actually why Australia moved to federal gun regulation. So, in truth, I might not try to compare those violent crime rates. Thanks for trying to push your anti-helpful and poorly thought out solution for studying gun crime to further your own agenda though. You can account for the effect of local jurisdictions with different gun control laws in a careful study. Studying US states and their differences is the best way to eliminate extraneous variables. There are still drastic cultural differences, but you're at least an order of magnitude better than comparing against other countries. Lots of people have pointed out serious flaws with the dataset you chose to restrict yourself to. Yet all you can say is that "only the data I picked matter". |
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Load the page, yank the ethernet cord (or disable wireless), then use it. Everything is done client side in javascript, and I don't see any network code that could potentially upload it, but disconnecting will make sure.
no, it won't. javascript can use cookies or LocalStorage. I would include that with my "clear the cache" step, but thanks for clarifying for those who don't know such things. Really, I agree it's not recommended for nontechnical users, but it looks like it can be safely used if you know what you are doing. You will not clear your Flash Player cache with that step. Oooopppsssss! Sure, do that too if you're not using something like no script or flash blocker.... If you want to be fool proof, save the html and js to a flash drive and then use it on a computer that will never again be connected to the internet, only after you have copied the files to the local disk and removed the flash drive. However, there is no flash on that page. |
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Apple will not delete or modify your apps if they are neutered for extra-legal concerns. You have to intentionally delete them or update them to a neutered version, yourself.
But there is no newer version available. Also OP seemed to like it after a fresh install two days ago. Again, where's the reference? |
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I would include that with my "clear the cache" step, but thanks for clarifying for those who don't know such things.
since when does clearing the cache also clear cookies? Really, I agree it's not recommended for nontechnical users, but it looks like it can be safely used if you know what you are doing.
Really, it looks like a scam targeted at nontechnical users. Especially if you know that the creator of this website has also been "mining" for private keys generated from passphrases, saying that it was morally acceptable to steal coins from users that are dumb enough to use simple passphrases. I did not know that, but at a cursory glance it looks pretty harmless. I will pull it apart better when I get the time and see if there is any validity to what appears as paranoia to me. Don't get me wrong, I know a healthy dose of skepticism is warranted around here, but unless he's particularly good at obfuscating JavaScript the script is safe. We'll see how it holds up when I dig deeper in a few days (after the holiday at least, maybe not until the new year). |
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Blockchain.info has a great iOS app. I believe it is just called blockchain in the app store. Just don't forget your password... Blockchain.info stores your wallet encrypted and if you lose the password nobody can recover your bitcoins (but it's also impossible for blockchain.info to steal them since the password is only ever handled on the client side).
I believe that blockchain.info has now removed the wallet feature because of issues with Apple, and now only offers a transaction ticker, so this app is no longer very useful. Reference? Mine still works and I don't see any updates. |
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Load the page, yank the ethernet cord (or disable wireless), then use it. Everything is done client side in javascript, and I don't see any network code that could potentially upload it, but disconnecting will make sure.
no, it won't. javascript can use cookies or LocalStorage. I would include that with my "clear the cache" step, but thanks for clarifying for those who don't know such things. Really, I agree it's not recommended for nontechnical users, but it looks like it can be safely used if you know what you are doing. |
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