- Difficult to understand concepts of crypto-currency (3+ hours minimum, tech savvy)
- Difficult to buy
- Difficult to sell
- Major issues of trust in relation to transactions
- Major issues of security relating to local storage
- Extreme difficulty in understanding proper security practices (1-2 hours, tech savvy)
- Extreme investment of time involved in learning requisite knowledge relating to wallets/coins (1+ hours, tech savvy)
- Extreme investment of time involved in learning requisite knowledge relating to using bitcoin exchanges (1+ hours for financial savvy)
- Fear of losing coins to computer or network failures/virtual currency less tangible than paper or plastic
- Fear of negative Governmental intervention
- Perception of facilitating illegal activity to a greater extent and ease than cash
- No consumer protections by law
Fear, Uncertainty, and Doubt |
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+2 for SteveB. He bought a video card $225, and shipped it to my house.
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Yes, but you would have to pay the custom taxes.... declare value as $<30, and mark it as "gift" |
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5830:  1G1JMhCCMLqFwhCM2ctZzJgg86PiewETkC |
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So I've just started today, running the original bitcoin client. It's currently downloading blocks. I ran guiminer and used it to launch bitcoin in server mode. I also edited my bitcoin.conf as I've seen recommended before (posted below). And I also tried using a shortcut trick by adding -server to the target field in the shortcut properties. Problem is, when I first started guiminer, it said in the lower left corner "Downloading blocks" which looked right, because that's what bitcoin was doing. Now however it says "Problems communicating with bitcoin RPC" bitcoin is still downloading blocks, should be almost done, but I'd like to know what's going on? Also, should my cpu usage be elevated even when it's just downloading blocks? or does that mean bitcoin is already computing as well?
try restarting bitcoin. or use bitcoind getinfo to see if rpc is working |
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Why would I choose someone who wasn't my wife or I to get a % of my action? Because someone spammed their code at me?
If you trade $100,000, your referrer gets $50. Is it really that big of a deal? it's not because of the commission. it's because people are spamming the forums, and it's really annoying. |
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MSI afterburner can only increase voltage for reference cards. The best combination is SDK 2.4 + modified phoenix kernel. Mining with CPU is a bad idea, you'll use more money (electricity) than you generate.
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2 cards directly plugged in, 2 using extenders
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I REPEAT, READ THE PAPER AGAIN! especially the part with the funny equations. don't just go "wtf", and skip it.
Yeah, what about them. They translate the long text into a mathematical formula. Both are theoretical models that seem to lack a certain factor that happens in practice... This is why I ask, how exactly can one cheat in practice. same question i asked. https://forum.bitcoin.org/index.php?topic=9928.0moral of the story? lrn2 search |
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1) long term does it make more sense to punish the people spending the BTC.
Is $0.25 really a "punishment"? 2) long term does it make more sense to punish the merchants who receive the BTC.
The only way this could work is have the money deducted from the payment. Now merchants have to charge 0.01 btc more (0.005 in the future). In my humble opinion serious consideration should be taken to that question. Most merchants are used to paying fees to accept money, thats how all credit card processing companies work right now.
Actually, I would love for the CUSTOMER to pay the fees. If i pay cash, and the merchant doens't have to pay fees, why should i pay extra? It can also be said that customers are used to paying fees to spend money. But I tell you, my personal feeling on this subject which I'm sure many of you can also share with me...
paying fees at atms and credit cards = its a fucking rip off, I hate it. I only do it because I have no other option and i forgot to get cash out of the bank.
You're already spending money when you're buying something. is 0.01 really going to make a big difference? |
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i bet this guy is trolling. People sleep at NIGHT. it's COLD at NIGHT. how can temperatures RISE when it's the COLDEST part of the day?
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wtf? 5850 and 5830 isn't out. lrn2 search. the stores that are the most popular are obviously sold out, but some of the tiny stores probably still got ~5 left.  |
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those servers look expensive. How did you pay for them?
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no, the main reason why people use escrow is so people won't get scammed (seller ships product, buyer doesn't send money)
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Because telling you that you have to pay a fee is better than sending a tx with ammount-fee. but seriously, really? is 0.01 (0.005 later) btc that much? In every other single currency system on the planet that I can think of ever using, the person gets paid takes the hit.
Why do we do it backwards? Was this intentional or just a fun way to make people hoarding instinct kick in to overdrive?
consider this, next time you go to the supermarket. apple is $1.30. But for each purchase, there's a $0.30 credit card fee. So the price of the apple is really $1.00, and the $0.30 is the credit card fee. Sure, it sounds better to pay $1.30 than $1.00 + $0.30 fee, but both are exactly the same. |
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The main reason why this isn't implemented is because it would be confusing to most people.
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I just red the paper AGAIN!
lol How do you get a higher reward? If the block required 200 shares and there are 2 people in the pool then you get:
- cheater does 43 shares then leaves, the non-cheater has to do 157 shares, the block is found, each gets proportional payment, cheater has a chance of 21.5% of finding the block, the non-cheater has a chance of 78.5%. The cheater gets 21.5% of the reward, the non-cheater gets 78.5%.
- non-cheater A can do 43 difficulty 1 hashes in 10 minutes, non-cheater B can do 157. The block is found, each gets a proportional payment, just like above, the total contribution is shares/time, in both scenarios, and the payoff is the same
I REPEAT, READ THE PAPER AGAIN! especially the part with the funny equations. don't just go "wtf", and skip it. |
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