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481  Other / Beginners & Help / Re: Silk Road on: September 27, 2011, 04:17:18 PM
I think mb300sd must be right, and I must be wrong.  Makes perfect sense that a mining pool would let you join in through tor.
482  Other / Beginners & Help / Re: Silk Road on: September 27, 2011, 01:16:02 PM
Yes, definitely solo mining, so it would take a while.  But assuming all subsequent transactions were conducted similarly, it would be pretty ironclad, as far as untraceabilty/deniability goes, as far as I can tell.  Certainly there is a lot of much lower-hanging fruit out there...
483  Economy / Speculation / Re: Dead cat bounce on: September 27, 2011, 12:27:33 PM
Yes, people keep talking about rational actors, but you can't think sensibly about rationality until you've pinned down the goals.  The implicit goal when someone talks about rationality in this forum is fiscal acquisition, but that is a bit silly.  There are people who are going to mine bitcoin even if the exchange rate is 1c/BTC, because they like the idea.  On the other hand, such people are less likely to dump all the BTC they mine into an exchange for fiat currency.
484  Bitcoin / Development & Technical Discussion / Disabled script operands on: September 27, 2011, 12:22:45 PM
I'd be grateful for pointers to the following:

  • Good discussions of the specific security threats posed by the currently disabled Script operands and the prospects for enabling them in the future.
  • Good discussions of extensions to the scripting language, their utility, the security threats they pose, and the prospects for their future implementation.
  • Good discussions of how and why to implement the currently disabled operands.
  • Good discussions of the speed of adoption of updated clients and mining software.
485  Other / Beginners & Help / Re: Silk Road on: September 27, 2011, 12:06:18 PM
I wonder if this could be used somehow to make bitcoin payments more anonymous. Route a payment through Tor somehow?
My understanding is that the trick here is to hook up a miner through tor.  Any bitcoins it mines will be anonymous, to the extent that they cannot be authoritatively associated with any IP address.
486  Other / Politics & Society / Re: BBC Speechless As Trader Tells Truth: "The Collapse Is Coming" on: September 27, 2011, 10:43:07 AM
Yeah, the financial industry has economic political discourse so tightly sewn up at this point that there probably won't be any sane policy decisions until there have been a few threatening food and housing riots.  Just like in the Great Depression.
487  Economy / Speculation / Re: Will BTCUSD break the long term trend? on: September 27, 2011, 10:37:41 AM
I like these heat maps. how did you make it?
Looks like what you get with pylab/matplotlib, in particular the imshow function.

http://matplotlib.sourceforge.net/users/image_tutorial.html#applying-pseudocolor-schemes-to-image-plots
488  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 27, 2011, 10:32:18 AM
Can you summarize the outcome for those of us who don't speak French?
489  Economy / Speculation / Re: Bitcoin Technical Analysis on: September 27, 2011, 02:33:22 AM
I think it's that the script operations other than those necessary for regular transactions are disabled in the client for security reasons.
Thanks.  This is very exciting.
490  Bitcoin / Bitcoin Discussion / Re: Bitcoin mention by Zerohedge on: September 27, 2011, 01:52:29 AM
They've been the only source of real economic and trading news in the financial sphere that isn't afraid to show how the debt is ballooning, all over the world, and the 'characters' that have put us there.
  Oh, nonsense.  The econometric data from Calculated Risk is far more useful, and the predictions more considered and accurate over the last few years.
491  Other / CPU/GPU Bitcoin mining hardware / Re: Ubuntu Natty Narwhal 11.04 Mining Guide / HOWTO on: September 27, 2011, 01:39:48 AM
Step 15 in the OP.  I notice that there is also a wget of a python-jsonrpc at step 8, so perhaps it's redundant.
492  Other / Politics & Society / Re: BBC Speechless As Trader Tells Truth: "The Collapse Is Coming" on: September 27, 2011, 01:23:17 AM
Their jaws didn't drop at his prediction, but at his callousness.  His advice was on a par with "Let them eat cake."

"Goldman Sachs rules the world."  Jesus Fucking Christ.
493  Bitcoin / Bitcoin Discussion / Re: Sandra Bullock nailed it. In 1993! on: September 27, 2011, 12:37:52 AM
And moments later, she foreshadowed Schwarzenegger's political rise!!!
494  Economy / Speculation / Re: Bitcoin Technical Analysis on: September 27, 2011, 12:33:13 AM
This is extremely interesting.  What is missing from the bitcoin protocol that prevents implementing it as described?
495  Economy / Speculation / Re: Will BTCUSD break the long term trend? on: September 27, 2011, 12:08:00 AM
Um, what are we looking at here, exactly?


(BTW, I love pylab.imshow, too.  It makes beautiful pictures.  Do you like this pretty graph I made recently?)
496  Other / Politics & Society / Re: Why do we need to Tax? on: September 27, 2011, 12:02:31 AM
Most Countries issue their own currency. If a country is able to issue its own currency why should it bother taxing the people to pay for services?? A country that issues its own currency could issue enough currency to pay for the necessary social services of that country. No Tax burden is needed to pay for the necessary public services.
This is explained very clearly in Debt: The First 5,000 Years, which I highly recommend to anyone who wants to really understand economic life (as opposed to just swallowing the prevailing theoclassical theory).

The imposition of taxes, which must be paid in government currency, is precisely what gives government currency its worth.  Even if you conduct your business entirely in bitcoin, if you live in the US or are a US citizen, IRS will still want its share of your income paid in USD.  This creates great demand for an object which the government is ultimately the sole provider of, which gives it a great deal of power.
497  Economy / Speculation / Re: Another Small Crash Ahead? on: September 26, 2011, 11:53:45 PM
Yes, but that mentality just means there's even more downward price pressure.  As soon as the price rises, people holding on to their coins in anticipation of a higher price come out to sell.
498  Economy / Speculation / Re: Bitcoin Technical Analysis on: September 26, 2011, 04:28:42 PM
So what's it good for/why will demand for BTC increase in the future?
499  Economy / Speculation / Re: Woo Hoo ! GO BABY GO ! on: September 26, 2011, 04:23:46 PM
Huh.  Just looked this up on bitcoincharts, and it looks like the hashing rate has dropped precipitously, too.
500  Other / Beginners & Help / Re: Silk Road on: September 26, 2011, 11:59:36 AM
Not very informative.  Wikipedia has an explanation which is much more relevant to this discussion.

http://en.wikipedia.org/wiki/Tor_(anonymity_network)#Hidden_services
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