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one can not manipulate the market without a metric crapton of Bitcoin and USD.
to the best of my knowledge, Satoshi is not wealthy in USD - only in Bitcoin. not that it matters, because:
Satoshi's Bitcoin holdings appear to remain - as a blockchain watcher above pointed out - unspent and un-exchanged.
therefore: Satoshi has not manipulated the market, for good or ill.
and anyway, in his position, he'd be a fool to sell in the light. dark sales for cash through a well-trusted intermediary: get cash, keep stability, maintain anonymity...
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as long as it isn't preggers.
i don't have the time to raise a litter of PDAs.
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it's good for the heart.
if i could only go back and 'fess up to every time i've been an idiot...
+10
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Atlas: i agree with TraderTimm: Not a single goddamned thing tells you it is 'waiting' to download the friggin blockchain. That will cost you a lot of user goodwill, right there.
"Why can't I do anything?"
"Why is the bitcoin I just sent/received just hanging at zero confirms?"
We understand the system, so this behaviour of the client isn't foreign to us, but to someone totally green - it seems like some arbitrary obstacle, if they ever spend the energy to learn about it, that is. i also agree with Garrett Burgwardt: But if people see bitcoin now, and don't recognize the potential and simply see the flaws, more people will just be turned off. Again, wait for .4, it shouldn't be too long, and adds some basic functionality. furthermore, i believe your concession, here: I won't start the campaign now but we still need to build funding. ...is wise. all of that said, i have transmitted 1.01 BTC to the wallet in the OP - an odd number, so you will know it is from me. i still have no intuitive grasp of how one makes it clear - without this sort of jumping-through-hoops identification - that a sent amount originates from a specific account. [perhaps v. 0.4.xx will address that?  ] i believe you will not only do what is right with it - but do what is effective. go. |
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i note that forum.newbitcoin.org is all the way up to eight posts now. five of which belong to mr. appelbaum. ...and one of which includes this bit of prescience: You seem to be right, looks like not many people are ready to anticipate to what's coming. Think their 'investments' might be blurring their view. Or I'm just plain wrong of course... |
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it's sooo UNFAAAIIIIRRRRRR!
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Wrong. it has indeed been broken the key for truecrypt. (the encrypted key) is dumped into your ram the moment the usb is added. A new method for cracking this involves powering down the PC, freezing the ram (hold keyboard cleaner upside down and spray) and then booting the computer from a USB device that captures all the data on the ram from there you have the encryption key unprotected and ready for cracking. http://www.youtube.com/watch?v=JDaicPIgn9U&feature=player_embeddedFrom wikipedia: http://en.wikipedia.org/wiki/TrueCryptPasswords stored in memory
TrueCrypt stores its keys in RAM; on an ordinary personal computer the DRAM will maintain its contents for several seconds after power is cut (or longer if the temperature is lowered). Even if there is some degradation in the memory contents, various algorithms can intelligently recover the keys. This method, known as a cold boot attack (which would apply in particular to a notebook computer obtained while in power-on, suspended, or screen-locked mode), has been successfully used to attack a file system protected by TrueCrypt.[20] oh stop it. the cold boot attack is not 'breaking' - it is taking advantage of user error, bad luck, and/or sloppiness. it is just as correct (which is; not at all) to say that beating someone with a rubber hose is breaking the encryption. it isn't. and we both know it. semantic games. i stand: it is unbreakable. |
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It's not unbreakable. It just hasn't been broken yet.
well, ok. it is unbreakable within a timeframe roughly analogous to that of the heat death of the universe, by any known method which can currently be brought to bear. the FBI can't break it. good enough for me. |
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First thing this guy says is that truecrypt is crackable. Is that true???
no. the encryption is unbreakable, used per the manual. |
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good heavens - what a rude question.
as if anyone asks anyone else - out there in the world - how much money they have.
the earliest adopters are concerned with the actual stability of the market. everyone of them who's commented on the matter clearly sells and buys in Bitcoin, however many they have - that's what they're for, and nothing promotes the market more than that.
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it's so weird.
this is about the third or fourth time this has happened: slush's pool goes down and i wake up from a sound sleep (it's 2:45 AM where i am).
i think i sense a disturbance in the force...
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you do mean sunday the 19th, right?
iffy. but by monday the 20th 12PM - yes.
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This is what I thought:
Do people leave that much BTC with MTGox?
why wouldn't they? it's the biggest exchange - you can't play financier if Mtgox doesn't have your coin. do you think people decide to buy or sell, and then send Bitcoin? i don't think so: way too slow. they get their ducks in a row... |
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difficulty will be going up shortly.
your 1.3 Gh/sec at (the currently estimated) difficulty of 827,000 will generate a block (50 BTC) in about 31 days, average. of course, by the time 31 days has passed, difficulty will have gone up once again - or rather twice.
don't be a sap. join a pool.
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Look, in my opinion accepting BTC exposes a business to unnecessary forex exposure which in general would be avoided. The ONLY solution to this problem is a transparent forward/futures market which at a marginal cost will allow businesses to easily offload their exposure. Even this is a hack and so unless the benefits (tangible benefits) outweigh this issue, bitcoins are going to have a tricky time becoming mainstream.
< shrug > i'm not as bullish as a lot of folks about using Bitcoin at PoS. frankly, i don't think the blockchain confirmation process scales well for that; and i don't see the point anyway, until at least two more generations of PoS technology have gone by. what's needed is a pay-by-wave company that's willing to exchange and hold Bitcoin long, to reduce or eliminate fees. it'll happen. on the other hand, taking Bitcoin directly for internet sales works now - and can be very profitable. |
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glad to hear it!
hey - this is Bitcoin: luck counts...
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ah - sorry. i'm pretty much a linux guy these days.
somebody who does windows will be along...
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why do you assume it is rpc?
theoretically, you could change the priority of the process. and run it in the background, rather than in a... terminal/CLI of some sort.
but since your miner, your operating system, your batch files, your bitcoin.conf, and everything else relevant to your question (except your actual GPU) is an unknown, it's hard to say.
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Agree with what the OP have said.
I would like to accept Bitcoin as a form of payment for my brick and mortar business.
At the ongoing fluctuation of the exchange rates i am having a second thought.
your post is #15. your point was responded to in post #7. wouldn't it be a more profitable use of everyone's time for you to respond to that, rather than raising an objection that has already been dealt with? |
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p.s.
some journalists really overpaid :-)
i believe you're mistaken. but keep in mind that mostly what they're paid to do is sell newspapers and magazines - not to report or analyze the truth. the germans have been interesting lately. they appear to be floating most of the political anti_Bitcoin trial balloons - except for Schumer: who is really anti-Silk Road, but too dumb to know the difference. |
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