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4661  Other / Politics & Society / Re: a question for left-liberals on: May 11, 2011, 11:47:29 PM
Minimum wage is screwy. You can have someone work for free if you both want. Or you can have them work for a pizza if you both want, but you can't give them $4/hr if you both want? Get the hell out of our lives, strangers.
4662  Economy / Speculation / Re: Bitcoin price increases are just getting started on: May 11, 2011, 11:14:30 PM
Interestingly enough, I just came across this one Intrade:

http://www.intrade.com/v4/markets/contract/?contractId=745538

Intrade has a new look. Wonder when they'll get a new currency Wink
4663  Economy / Speculation / Re: Bitcoin price increases are just getting started on: May 11, 2011, 10:39:42 PM
I guess I don't quite understand how this works.  If someone bought a contract saying it would happen, because they had knowledge of such an attack, then why would they release the information about the attack before it happened, foiling the plans of the attack and losing the bet?  What am I missing here?

It would not be Osama Bin Laden that would bet on it, but his housekeeper who overheard the plan. She would bet big on a terrorist attack happening, because she doesn't care about Jihad and she sees a way to make some easy money.

Even if the terrorist did bet on he'd be warning us. And even if he pulls it off anyway, he only wins money that people bet. Winning a bet would probably be the least bad thing the guy did in the day.
4664  Bitcoin / Bitcoin Discussion / Re: New attack vector: Mess with electricity costs to destabilize the BTC Economy? on: May 11, 2011, 10:29:46 PM
Could the governament play with the electricity costs to indirectly alter the price of bitcoins so the BTC economy gets so unpredictable people start shying away from it?

Lol, even if it worked it would have the ridiculously bad consequence of making people shy away from every industry that is sensitive to power costs. Which is a shitton of important ones.
4665  Other / Politics & Society / Re: Welfare is deforming children! on: May 11, 2011, 08:08:37 PM
If I were president, I would make smoking during pregnancy a criminal offense.
Seriously, smoking during pregnancy? What kind of fucked up mothers do we have on this planet?

Smoking is bad imo, and people and fetuses will be healthier if they aren't exposed. Are you going to put women in prison? Take their time and money? Now it seems like you are damaging people and fetuses to me. I am not going to hurt you over it, that won't help. People want to do good when they can figure out how and if you want to make things better, help them.
4666  Bitcoin / Bitcoin Discussion / Re: Is Ron Paul bad for Bitcoins? on: May 11, 2011, 08:03:33 PM
Anarchy in Your Head FTW.

Too bad Dale doesn't seem to be interested in making more of them.

I wonder if it's due to his fan-supported release schedule. I just sent him 10 BTC, I'm going to see if he'll consider that ~$40 and have his next comic be sponsored by Bitcoin.

Generous man, he damn well better consider it at $40.
4667  Bitcoin / Development & Technical Discussion / Re: Block size limit automatic adjustment on: May 11, 2011, 07:59:05 PM
I'd tweak the formula to be:  max block size = 1000000 + (int64)(difficulty)

... just to avoid "if block number is < X max block size = 1000000 else..." logic.  Adding in the current 1MB max limit means all the old blocks are valid under the new rule.

I like Mike's point that difficulty and transaction volume aren't necessarily related.  Maybe a better formula for miners would be something like:

max block size = 1000000 + (average size of last N blocks in the best chain)
... where N is maybe 144 (smooth over 24-hours of transactions)

Anybody have access to what Visa daily transaction volume looks like in the days around Christmas?  Are there huge, sudden spikes that the above formula wouldn't handle?

I like it. Don't worry about Christmas, I'm pretty sure that's a bubble.
4668  Bitcoin / Bitcoin Discussion / Re: Is Ron Paul bad for Bitcoins? on: May 11, 2011, 07:54:10 PM
Politics in general isn't a great way to promote anything .

If I wanted to promote war or torture though, I'd pick politics.
4669  Bitcoin / Bitcoin Discussion / Re: Bitcoin Billboard! on: May 11, 2011, 07:46:43 PM
Please give me any thoughts, ideas, design changes you may have.

Just a Quick Rough Idea surely you should use this space to advertise your business first and foremost


I like it sherb. Didn't quote it cause we're getting a lot big images here.
4670  Bitcoin / Bitcoin Discussion / Re: Bitcoin Billboard! on: May 11, 2011, 07:44:42 PM
I want to see that Billboard!  Tell me when its up!

B

For real, I might buy a car and take a trip to see this.
4671  Economy / Economics / Re: Will malicious investors abuse Bitcoin? on: May 11, 2011, 07:40:39 PM
the only way "malicious" investors can screw people is by exploiting bad systemic rules.  bitcoin will allow markets that have no rules, which will create the purest and most stable financial markets ever seen.

Bitcoin will allow as many markets with as many different rule sets as people want. The markets with good rule sets will be where people participate. It'll be much better than the monolithic monstrosity we're currently escaping.
4672  Bitcoin / Project Development / Re: Donate bitcoins to Adam Curry and help get a DSC episode dedicated to bitcoin. on: May 11, 2011, 07:18:09 PM


Moreover, you are making an unreasonable demand in stating that anyone who wishes to criticise factor X1 because X1 causes Y must also in the same message criticise factors X2, X3, X4, ..., Xn which also cause Y.  If one were to apply that standard consistently, then any message in this forum would have to consist of several chapters with appendices and an index at the end.

Fair point.


Then I suggest you actually listen to his show at least once before you start suggesting that people give him donations.  This, by the way, is an advice that extends beyond this debacle about Mr Curry.  By donating to someone you are endorsing and enabling them.  It is therefore an ethical imperative for that donation to be an informed act, won't you agree?

I wasn't really saying people should pay him. I was saying I wasn't likely to pay him until after he did a bitcoin show.

I do agree and I don't donate to people who I have fundamental disagreements with. Informed/uninformed is a false dichotomy. You never have all the information and you rarely have none.  When I tip a programmer I just assume he's not a white supremacist negro murderer. I don't think I have an obligation to find out for sure, playing the odds is fine in my ethics handbook.
4673  Bitcoin / Bitcoin Discussion / Re: Will this CA law be a boon for BTC? on: May 11, 2011, 07:11:55 PM
You could not pay me to live in California.

If someone is paying people to live in CA, I'm available.
4674  Bitcoin / Bitcoin Discussion / Re: What are you going to do, when (if) bitcoin hit $1000/BTC? on: May 11, 2011, 11:02:35 AM
... I might buy an island.

Yeah, I think a lot of us will be 'manipulating prices' in the island market in a few years.
One problem with even the most wonderful islands is that they can be lonely places to live, and they usually have no internet connectivity except slow and expensive satellite.

It Bitcoin hits $1000, I will try to attract a small group of freedom-loving Bitcoiners to buy an island that's big enough for us all, and on which we can install high-speed internet.

I'm in. See you next year?
4675  Other / Obsolete (selling) / Re: Buy coffee with Bitcoins at BitBrew.net on: May 11, 2011, 09:26:52 AM
Amazing to cut prices so deep so fast! This Bitcoin thing is crazy. It's nice to have a new coffee merchant, the old one had an attitude.
4676  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: May 11, 2011, 09:18:35 AM
Golly, journeyofrivers is really going to hate me when he finds out I'm an Elected Official and a Cog in the System.  Last night I voted to steal millions of dollars from taxpayers and give it to public (I know!  Terrible!) schools.

(I'm only barely an elected official, one of 251 elected Amherst Town Meeting members.  My punishment is long boring meetings late at night a couple times a year...)

Seriously, we probably agree on most things on a philosophical level.  I just believe I'll get farther by taking "small steps to a much better world."


OMG he's actually a Mass politician.

Just so you know, you probably haven't actually received your punishment for being an official yet. Smiley
4677  Bitcoin / Project Development / Re: Donate bitcoins to Adam Curry and help get a DSC episode dedicated to bitcoin. on: May 11, 2011, 08:57:41 AM
Though Curry may indeed bring much welcome publicity to Bitcoin, I cannot agree with your statement that he deserves our donations.  I was once swindled into listening to his "No Agenda" podcast, and Oh. My. Goodness.  The guy is borderline schizophrenic with his crazy conspiracy theories.  Moreover, I have never seen anyone so proud about spouting their ignorance to the world.  And I'm not talking about harmless stuff, either.  He went on rants against vaccines and the science of anthropogenic global warming. In the developing world there have been outbreaks of measles and pertussis because parents are not vaccinating their kids as they should.  Children have died, for goodness sake!  And don't even get me started on the wacky global warming denialism...

Anyway, for the reasons above I most certainly won't be donating any money to the likes of Adam Curry.


Children die from cars. Every day. Every day. Every day. Every day. Don't use that scare mongering, save the children BS. Or, if you actually believe that things that kill children are bad then spout it consistently at least.

I haven't listened to this guy. But maybe if he did a bitcoin episode...
4678  Economy / Economics / Re: Will Bitcoin ever drop down below 2 USD? on: May 11, 2011, 08:09:23 AM

As long as people believe it as a medium of trade everything would be fine.

Yeah, that might work as a proxy for people actually using it to trade, but we don't need a proxy since we're actually trading.
4679  Bitcoin / Bitcoin Discussion / Re: What are you going to do, when (if) bitcoin hit $1000/BTC? on: May 11, 2011, 08:01:22 AM
I'd use it to make more money. Probably I'd start a business or two.

I can't think of many luxury things I want, though I have always wanted an ISP-level Internet connection with a large block of IP addresses. Once I become even more rich, I might buy an island.

Yeah, I think a lot of us will be 'manipulating prices' in the island market in a few years.
4680  Economy / Economics / Re: New difficulty hindering transactions? on: May 11, 2011, 05:17:26 AM
Thanks for the link to bitcoin montor - looks like I requested the transaction right after the last block was generated (still 0/unconfirmed).  I guess I have just been spoiled by the speed of the last few weeks.

Often tx are not getting put in quickly if no fee is attached. Even at the new difficulty we have faster blocks that we 'should'.
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