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501  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchange Arbitrage Opportunities on: May 15, 2011, 10:58:33 PM
Wouldn't it be easiest, at the moment, to have accounts and balances at each exchange. Then if you saw an opportunity, you could take it without waiting for transfers.

No, because the only way to profit 'risk free' is to get the funds over to the other exchange before a price change takes away the opportunity.

I see. I guess the risk of holding balances would have to be outweighed by the arbitrage opportunities available. Could it work for someone who already holds both fiat currencies and bitcoins anyway?
502  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchange Arbitrage Opportunities on: May 15, 2011, 10:33:39 PM
Wouldn't it be easiest, at the moment, to have accounts and balances at each exchange. Then if you saw an opportunity, you could take it without waiting for transfers.
503  Other / Off-topic / Re: It's because of crazy people like this... on: May 15, 2011, 10:12:25 PM
Ah, maybe. There are lots of people who may be a threat. You have a lot of people to kill.

This isn't a case of may be a threat, if the story in the OP is factual, these people are a threat and there is evidence to prove it.
504  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 09:56:57 PM
If murder is wrong, how can murder be right?

Initiation of violence is wrong. Once someone initiates violence against another, they accept it to be used against them.
505  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 09:53:21 PM
I would defend any life that is in my self-interest to defend.

So, your self-interests are to protect those lives that you value. But you are not always there to protect those lives that you value. Do you believe in morals?

Would it be wrong for someone to take the life of one of those that you would defend? I have to assume your answer is no (since you don't believe in rights).

So, those with the power to protect themselves against retaliation can do as they please? Basically might makes right? Although you won't call it right. Might makes it so?

If someone wants to kill a person on your list, and you can't stop them, and no one else cares to stop them, we simply chalk that up as chaos?

I think we (humans) have a rational mind to make rational decisions that we can then base our beliefs on. I want to live, and I would rationally assume others want to live as well. In your case, I don't need to assume, you've told me you will defend your life. So this is the foundation of what I would call rights. Since people want to live, it makes sense to defend life from those that would take it at their discretion. If my daughter was in danger, and you could end that danger, I would hope that you do. I would certainly protect your daughter (or you for that matter) from someone who is putting you in danger, if I was capable of doing so.

So, I would argue that it is in your self-interest to defend the lives of like minded people, because those people would defend the lives that are in your self-interest to defend, when you aren't there to defend them. Who are the like minded people? People that believe in a right to life (and non-aggression)!
506  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 08:42:58 PM
No, but I don't value yours.

OK. So, you would defend your life only for the reason of self-preservation?

Are there other lives you would defend, and if so, for what reason?

Would you defend another life if the loss of that life was no threat to you?
507  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 08:23:02 PM
No, but I don't value yours.

Not sure what you are getting at though, are you saying I have a duty to avenge your life?

Of course not. I'm just trying to understand. I'm going to think for a bit.
508  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 08:03:58 PM
More like a non-answer since some of us don't believe in rights. If you got killed I would not retaliate just because you were denied of your "right", but because it is in my self interest to to take out the killer as he is a threat to me.

So you only value your own life?
509  Economy / Economics / Re: please stop sating bubble unless you define/understand it on: May 15, 2011, 07:40:29 PM
It's both hilarious and sad to see how little people really understand how anything really works.

It's a cart before the horse / hen-egg issue. BTC may be a speculative item, but a ccy, it is not.

So, uhm, yes. My core problem remains with the constant babble about economy and markets when there quite literally is no such thing INTERNALLY, because there can't be the way things are.

But hey, as has been said..let's see what's what in 10 years.

So, a Bitcoin economy can't exist because a Bitcoin economy doesn't exist. Therefor Bitcoin will only ever be a plaything for speculators.

I think that an infrastructure will be built (is being built) around whatever Bitcoin is used for, and people will use that infrastructure in other Bitcoiny ways.

In other words, it will expand. With size will come stability. With stability will come more merchants willing to price their goods in Bitcoins.

It all depends on whether or not people find Bitcoin useful (for whatever purpose), and use Bitcoin.   

My point was none of this is instantaneous and it would be impossible to make it instantaneous without a central force.
510  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 07:17:11 PM
.
The better answer is everyone has the right to life. If you take someone's life, you give up that right.

Stilling saying "X is wrong!" or "Y is wrong!". It's totally BS, man.

The universe doesn't give us rights, man!

Yes, you are free to try and deny me my life, but I will defend it. Therefor I give the right to myself. And anyone else who values their life, and their right to live, will defend my life as well, just as I will defend theirs.
511  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 06:59:31 PM
Ok. This is a better answer than "murder is wrong!!!1111"

Just to be clear, I am a normal human being, not a pyschopath or a socialpath.

The better answer is everyone has the right to life. If you take someone's life, you give up that right.
512  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 06:36:10 PM
P.S. Any other anti-statists watch Dexter and think about how much you'd rather hire him take down the killer of a loved one than the police?

Good luck getting me to wait for anyone else to take care of it. I can only hope this is a situation I never have to face.
513  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 06:33:46 PM
What if I get away with it, every single time? Saying it's not ok, doesn't matters.

What about it? There is nothing that can be done. What is the point you are trying to make?
514  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 06:14:09 PM
So I shouldn't do certain things because some people might be out to get me?

What if I time travel back and save the Jews and the nazi comes out to get me?

I said nothing about someone who is out to get you.

We were talking about non-aggression here weren't we? The nazis were the aggressors, so you have every right to attempt to save the Jews.

I'm suggesting that if you try to initiate force against someone, be prepared for force in return.
515  Other / Politics & Society / Re: Justice Under Anarchy on: May 15, 2011, 06:00:55 PM
Why should I follow that rule? What if I can get away with it?

If you can get away with it, and it doesn't go against your morals, go for it. It doesn't matter what kind of government we have or what type of society we live in if that's the case.

You should be prepared for the consequences when the day comes that you don't get away with it though.
516  Bitcoin / Pools / Re: Cooperative mining (180Ghash/s) on: May 15, 2011, 04:38:35 PM
Oh really? With a 5850? In prop on deepbit per found block i get 0.01. which of course is low. I don't know what fees slush has, but if it takes the pool 5 hours to find a block, and i get 0.05. It's all the same. Those extra btc would have been just one bitcoin.

Slush's fee 2%
[Tycho]'s fee 3%
517  Bitcoin / Pools / Re: BTCMine - mining pool (zero fee, long polling, JSON API) on: May 15, 2011, 04:31:17 PM
Hi, i've this problem while trying to connect to the server

phoenix -u http://username:password@http://btcmine.com:8332 -k poclbm VECTORS AGGRESSION=7 FASTLOOP BFI_INT WORKSIZE=128 PLATFORM=0 DEVICE=0

invalid literal for int() with base 10: ''

i dont have this error with the others mining pools, any idea?

ati 5870 @950/@300 catalyst 11.4 sdk 2.3  win xp sp3


phoenix -u http://username:password@btcmine.com:8332 -k poclbm VECTORS AGGRESSION=7 FASTLOOP BFI_INT WORKSIZE=128 PLATFORM=0 DEVICE=0
it doesnt work that string, dunno why, maybe phoenix it's unsupported with this pool.

-u http://username@worker:password@btcmine.com:8332/ -k poclbm VECTORS AGGRESSION=7 FASTLOOP BFI_INT WORKSIZE=128 PLATFORM=0 DEVICE=0
518  Economy / Economics / Re: please stop sating bubble unless you define/understand it on: May 15, 2011, 02:50:52 PM
If you cannot calculate expected exchange rates within a discernable range, you cannot build an economy. Why do you think the BOJ intervenes in the market so often? At some point exporters run into trouble.

I know right! Silly Satoshi created a digital currency and forgot to force the entire world to adopt it immediately and completely. Relying on the market, what a noob...
519  Bitcoin / Mining speculation / Re: A short graphical novel on the subject of Bitcoin Mining on: May 14, 2011, 10:02:34 PM
That was fun, thanks!  Grin

Note to self: Destroy all chairs and rope.
520  Bitcoin / Mining / Re: YouTube Video: Bitcoin Mining: Three Months Later on: May 14, 2011, 07:52:26 AM
I created a YouTube video to describe my experience with mining as well as buying lots of Bitcoins when they were 80 cents.

Excuse the amateur production and my wobbly hand with the iPhone.  Otherwise, enjoy!

Thanks for sharing your experience with Bitcoin.
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