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I like JoliOS
Its a semi cloud OS based on Linux
Most Linux distros are getting too bloated, but Joli has got the balance right between light and useful!
HTH
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Anything that is going up in value faster than bitcoins, I guess!  I have spent a few bitcoins on other currencies, but other than that, its staying in my wallet until the currency stabilises enough for week to week purchasing to not be too expensive. |
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This is going to be a huge problem for mainstream uptake of bitcoin. The way that bitcoin is deflating against fiat currencies means that very soon a single BTC is going to be useless for day to day use. This means that there are going to be a lot of zeros and points in funny places if we carry on with the current system. Maybe we need to start looking at this from the other side of the decimal point. Maybe its time to consider that the unit of interest to the public should be the Satoshi. A Big Mac would cost 0.12345678 bitcoins, but that too complex. Its still too big, and with the public being used to 5 numbers as a maximum while out shopping, it would make sense to carry on the tradition. What if it cost 12345678 Satoshi and forget the decimal? From a commercial angle, why not call it 12.34 Mega Satoshis. As inflation kicks in and a Big Mac costs 0.00123456, this will become 123 000 Satoshi but that could be in time for the mainstream takeup. I know that on face value, this looks to be going against the grain, but in the grand scheme of things, the public needs as little difference to their fiat currency as possible. Having a figure which is a fraction of a fraction is really hard work to compare with a positive number in the 10s or hundreds. From the wallet perspective, it should make no difference, its just how its presented. Would love some feedback on this idea!  |
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An analogy for you: An ASIC is a tuned piece of hardware, designed to do one job very well. A bit like a formula 1 car. A GPU mining PC is a PC which can do video very well, as well as Mining. Like a Ferrari Sports car! However, you can use a Ferrari for shopping if you must. You could never go shopping with a F1 car! |
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As a new member with 18 hours on the forum, I feel the Noob jail is fantastic idea - more forums need them!
As an early Internet adoptor, I was very aware of the 'Forever September' issue, where noobs always ask the same questions, and its like groundhog day on an unrestricted forum.
Bitcoin is a complex subject, after 18 hours, and a good 20 years of cutting edge IT experience, I am starting to get to grips with what a phenomenal job has been done so far with getting to where we are today.
In commercial terms, bitcoin is years from mainstream use. There are far too many political and business issues to be resolved - while a few technical problems also need to be tested.
Noobs, and I count myself here too, usually want a short cut, and in the main, its a false economy at this time. For instance, I have had a few of my early understandings of bitcoin turned on their heads in the last few hours, and I expect the same to happen again in the next few weeks.
Maybe the answer is a fork in the forum, with a dumbed down version created with more pretty pictures and videos open to everyone. However, the reality is, most noobs in the next 18-24 months will never even look for this forum, because they will get their answers elsewhere, as the concepts of bitcoin become easier to pick up in other media.
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In the grand scheme of things, the price is going to carry on going up, but as I agree that $17-$19 is the price minus speculation, I'm not buying anymore until the current peak has popped!
The only problem is that if this rally continues for a month or two, that sensible figure will naturally be higher as there will be more natural volume in the market, so I think that I might have to spend up to $21 per coin in May.
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But this time, its different!
Those words haunt thousands of people who just couldn't see a bubble that was right in front of their faces!
The volume of bitcoin transactions is exceptionally low because EVERYONE is speculating, they are not spending. This can only end badly! ;(
Please stop making up assumptions that can't be proven. A lot of people are spending their bitcoins, but it's not a good idea to look at it on a weekend. I am assuming on based on my own experience. If I buy something using bitcoin, at current exchange rates, between the time I buy it and it being delivered, the item is going to become more expensive compared to buying it in my local currency. Hence, it makes no sense to buy using Bitcoin if I have the choice! That is a speculation dilemma in a nutshell |
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But this time, its different!
Those words haunt thousands of people who just couldn't see a bubble that was right in front of their faces!
The volume of bitcoin transactions is exceptionally low because EVERYONE is speculating, they are not spending. This can only end badly! ;(
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I like NWO discussions, but find that people never think big enough! We already have a World Currency, its called the US Dollar, you can buy anything with it, anywhere! NWO is with us, but like all the best plans, it's controlled by ideology and directives. The laws are only a local issue and are adapted to fit with local cultures! Bitcoin is not a NWO plan, but might become a part of it if it proves to work. The point of NWO is that it don't invent anything, just manipulates control of other stuff that works and adapt it - like Newspapers, TV and the Internet! Now it looks like I'm the one with a tin foil hat! NWO is the Man! |
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Its can't prove anything because bitcoin is a currency, not an ideology! The problem for libertarianism as a way to run a country is that is removes the reason the vast amount of people have a job. In a simple world of libertarian ideals, A sells to B. end of story. In our realist world, with thousands of rules and regulation, A has to comply to rules set and enforced by C through L before he is allowed to sell to B who uses the services of M through to X to ensure that he is getting what he wanted. And we call this a free market! So, in a true libertarian world, C through to X would have to sell their services to A and B. They would have to convince them both, without using the threat of a big fine or the loss of their liberty, that raising their prices to cover the cost of employing C to X was a price worth paying! And that is my take on real life libertarianism in 3 sentences! I can't see how the success of Bitcoin can prove anything other than libertarianism is often confused with Corporatism! |
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This is the funniest thread on this forum but I wonder if it's a set up? If you read the OP posts in a soft Texan accent, you would swear the you were in the room with Sheldon, from big bang theory!  The big hole in the argument is that if you use the currency in a way it's not meant to be used, it's not going to perform as well as it should. The point about using the block chain is that it confirms to everyone that your transaction is good. Using drm doesn't. |
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$73 - half guess, half finger in the air looking all scientific! |
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This is just getting silly. If you have any sense, you'll be setting your selling prices around about now and buying again after the dead cat bounce! |
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A decentralized exchange market would indeed be very much welcome, and Ripple seems to be a serious step in that direction. I don't know why you say it would be a world currency though.
I am looking at this from a lay perspective. A world currency is one where people don't have to think too hard. Now, when you go from the US to Europe, you have to change your currency, and things are priced differently. Its a hassle. Its a noticeably different currency. If everyone had a currency with the same name, you would be getting closer to a world currency, but you would still have the problem of the exchanges. What bitcoin can and should do, is to make that cross currency transaction so easy that nobody notices that we are using different currencies. You can even keep your own name for your currency. You can do that if you have decentralized exchanges everywhere which cost nothing to operate. That is when you will end up having a practical world currency that actually works! This is something I would like to see happen, but I'm a bit lost at the moment in how big the whole idea is and how many feet you will tread on to make it work! |
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I have been wondering about the single world currency issue and if it is bitcoin, its doomed to failure!
The Euro was a mini new world order currency, and it doesn't work because the world isn't set up to allow everyone to work, live and earn at the same level. This is why bitcoin isn't going to become the huge dollar replacement the speculators imagine.
What does make sense though is an exchange system that allows various crypto currencies to exchange for practically nothing. That would give you your world currency, and your decentralization - a bit like ripple, but more so.
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I don't get it. Is it a modification of something popular? Is it a play of words: cryptography/many people??
A 2011 forum discussion covers some of the layers of meaning. I'm probably not adding anything to the discussion, but here are the layers of meaning in my mind, and I like them all: - So, "strength in numbers" is a commonly used phrase in English, and although I'm no Latin scholar, the fact that the Latin phrase shows up in a bunch on Google search results suggests to me that it's a pretty old expression. Kudos to the wonderfully terse Romans. If they said it, it must be true.
- Cryptography's utility is due to mathematics, so we can consider the "strength" of cryptography to be due to "numbers" (okay, that's a little simplistic for a crypto definition, but simplicity and double entendre are what's nice about the slogan).
- A currency's utility is partly due to the number of people who accept it, so we can consider the currency's "strength" to be due to "numbers" of users.
- Bitcoin's utility is based on both the strength of cryptography and the size of the user base, so its "strength" is due to "numbers" both ways.
My only change to the slogan would be to write it as "Strength in Num฿ers". thanks for the insight and the link. Now that I get it I like it, too. I think its an exceptionally clever tagline, but I don't like it - its got a feeling of socialism and slight intimidation about it! That my just be my UK background, and I'm sure it was a tagline used by one of the big unions here! |
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In hardware, and to a lesser extent software, yes the first mover rarely have the last laugh. But on the web, it's a different story, first mover has significant advantage. Case in point->Youtube, I can't see how another video site can topple youtube's dominance. or Google the first site to build a good search engine in 2003, is still the dominant search engine 10 years later. or Facebook, first real name SNS from 2004, still the dominant real name SNS 9 years later.
First rule of history, the victor writes it! Youtube started as a hot or not site, but added video - bought by Google 18 months later, for far too much money, and slowly an attention monopoly is created! Google were very late to the search engine party - I was using it in 1998 because it was the one that worked, and it was cool, unlike Altavista which looked awful! Facebook didn't really add anything new to what already existed - except exclusivity - it was the social network you couldn't join unless you were in Harvard or a another nice university - so everyone wanted to join! All the social stuff had been invented earlier and worked well for ICQ in 1996, but without that mainstream push, nothing happened - although ICQ became QQ and is being used by the Asian half of the world today! The history of bitcoin will easily be as exciting to read in hindsight! |
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As a newbie to Crypto Currency I am being reminded of the Linux Distro wars by all this name calling! Red Hat, Slackware, Debian, Ubuntu and Android all started from the same place, but each lead to the next, and with some real commercial thinking, ended up in the mainstream minus most of its idealism and technical issues! The point I am trying to make is that in the grand scheme of things, its very rare that the inventor of a new form of anything becomes the dominant player in the market they create. The names from the past haunt us, Commodore, Atari, Yahoo, Compaq, ICQ, to name just 5 companies who were 1st to market, but are no longer known for doing what they started! Litecoin seems a good idea, and we will all make a little profit from it, but I doubt that either bitcoin or litecoin are going to be the names that pop over the tipping point of mass acceptance. That is going to take a lot of dollars! |
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The only difference between quantum cryptography and classical cryptography is that quantum cryptography is (allegedly) provably unbreakable and classical cryptography just hard to break. Why is this? I don't know anything about QM and only a little about crypto-- I'm assuming that somehow QM crypto can have an infinite keyspace, and that's how it's provably unbreakable, but that's just a wild-ass guess. Do you have more information on your statement? It intrigues me! Quantum Cryptography works on the quantum physics theory that states that a thing can be one thing or another depending on when you look at it. Its better explained here - http://en.wikipedia.org/wiki/Schr%C3%B6dinger's_catThe point is that eventually, we will have crypto that is so complex that it will takes years to break. What this theory doesn't take into consideration is that the tools for breaking them also gets better, so we end up at a stalemate - which suits the people at RSA just fine, as it keeps them all in a job! |
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Read between the lines! the hash table script kiddie is going to get you - Give us a job and it won't happen! Crypto is working so well, these people are looking for a new gig. Their skills are not as much in demand as they were, so they are talking about a new threat. This threat is so big that people will turn to them to fix it! They are back in work, and the scare factor of the new threat is toned down - and problem is never fixed enough to stop! The problem for all security is that it needs to be upgraded as technology gets better. Where 128 bit was great in the 90s, 1048 bit is the way forward for the 2020s and eventually we will have quantum crypto that will sample your dna as you breathe on the screen to enable your wallet! However, if you do not have security policies in place, which you religiously follow, you will lose everything - and that is the post crypto world! Simples! |
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