Freemoney and bitcool:
Will do 50 btc with each of you.
On silver spot price trading below 30 at least intraday before may 31, 2011.
Consider it booked. I just want to know what source you consider valid for this. I watch Kitco, don't know if that's lame or rigged or whatever. |
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I don't want to be sneaky with words. I have no problem with contracts, but I wasn't talking about them. -a regulation or bylaw governing procedure or controlling conduct I think the rules of chess fit this. We both submit to the rules of the game and there are no problems. If someone breaks them then there isn't a chess game anymore and if I don't want to play whatever the hell it is now I stop. Without force, just multiply the crime you already have for 1000... and probably the result would be too generous for reality. Without force there will be no crimes whatsoever. You think chess rules are equivalent to regulations or bylaws in a discussion about government? It's clear that we are unable to communicate properly. Here is my final attempt. Chess doesn't fit. I don't have to play chess. Force isn't required because either one of us can walk away. Therefore the rules are only an agreement between the players. I have to live in society. When there are rules governing what I can and can not do in society, there is only one way to ensure that I abide by those rules: force. There is one way I can choose to walk away: suicide. I never agreed to the rules. I never agreed to pay or be imprisoned, etc. I don't want to play, but I'm forced to play. These are the rules that I'm talking about. These are the rules that imply force. I don't think we disagree all that much. I was using chess as an example of rules without force. I'm completely aware that force is involved at every level of our society. Finding ways to interact with people without force and threats should be the goal of every civilized person. Seeing a problem and thinking "ah, let's force everyone to do X, that will make it better" is wrong (as in incorrect, it doesn't make the world better) and barbaric and it'll suck hard if you lose control of this violent game. |
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I don't want to be sneaky with words. I have no problem with contracts, but I wasn't talking about them. -a regulation or bylaw governing procedure or controlling conduct I think the rules of chess fit this. We both submit to the rules of the game and there are no problems. If someone breaks them then there isn't a chess game anymore and if I don't want to play whatever the hell it is now I stop. Without force, just multiply the crime you already have for 1000... and probably the result would be too generous for reality. Without force there will be no crimes whatsoever. |
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It was flying through the blocks until it got to 114688 then it just stopped. I didn't restart or touch anything.
Does it still say 8 connections? |
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I just downloaded the bitcoin client today. 4741khash/s, whatever that means. anyways I did the faucet thing and entered my address, but didn't recieve anything yet. I have a fairly fast gaming system and it's been about an hour since I started up the client. keep waiting?
If the faucet said it sent them then the transaction will be included in a recent block. You are downloading the blocks from oldest to newest so you'll probably see it in a few hours. After the initial download (~118,000 blocks) you just get new blocks as they come ~1/10 minutes. |
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Rule implies force. You can't have rules without enforcement.
Yes you can. I've played thousands of games of chess and cannot remember a single rule violation. Rules can be agreed upon and followed voluntarily. I bet you'd never played chess with a thug. There's a difference between... nerd World and real World. Imagine that instead of a normal and civilized chess player you happen to face a thug drinking beer, knock you now and then to make you move and insisting that his tower can go on diagonal. You show him the rules and get a punch in the face... so you "voluntarily" come to agree that towers can even fly if he needs to.  Without force, just multiply the crime you already have for 1000... and probably the result would be too generous for reality. I admit there is a reason none of my games have been with thugs. Having another thug watch us and force his 'interpretation' of the rules on us isn't my idea of good living. I don't know about this nerd vs real dichotomy, but there certainly is a civil vs government dichotomy and I know which side I want to be on. |
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I am happy to bet 50 BTC that Silver will dip below 30$ before May 31, 2011 (intraday prices based Spot in USD).
I want that action. Where do we watch the price? Will do up to 200BTC if you like. |
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Rule implies force. You can't have rules without enforcement.
Yes you can. I've played thousands of games of chess and cannot remember a single rule violation. Rules can be agreed upon and followed voluntarily. When force is involved I see rule violations everywhere. Are speeding and murder not happening in your country since those rules started being backed by force? |
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Unless bitcoins are widely held to be valuable there won't be the possibility of thousands of high value transactions every 10 minutes. So while using the chain directly might eventually not be viable for buying a coffee that hardly means that coffee can't be denominated in bitcoins and payment settled in various non-block chain ways.
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If the arbitrary block size limit is removed, that is. If not, transactions will be very expensive and Bitcoin useless for most purposes.
If Bitcoin becomes useless why would fees remain high? |
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Wait a second. The money resets every month. Yet you claim there will be "rich" people selling stuff in order to make money? What is the motivation to exchange tangible goods for money when the money will be reset every month?
We both have 1000 stateCoins.
I sell you my TV for 500 stateCoins.
You have a TV and 500 stateCoins. I have 1500 stateCoins.
In a month you have my TV and 1000 stateCoins and I have 1000 stateCoins.
Whoever trades goods for stateCoins loses.
As Gluskab said, no one in their right mind would use it. Force would be required.
Yeah, this money isn't money because it doesn't have durability. What would happen if every day your money was reset to the highest it had ever been, but at the same time all accounts were divided by whatever coefficient was necessary to maintain exactly the same total balance? I guess the strategy would be to make a run at getting really high and then take a break until you wanted to make another big run. Does this have any implications? Is this currency dumb enough that it will take lots of force to keep people using it or just a little force? It certainly doesn't seem to be to be something that would emerge on it's own. |
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I think you posted in the wrong forum, the right forum in my opinion would be economic or technical.
Here people do real trade.
I am offering to buy 200k BTC. Maybe you are soliciting offers, but I don't see an offer from you. What are you offering? |
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On average there are 6 blocks an hour which comes to (6*24*50) = 7200/day. So you are looking at <28 days worth, not 2 years. Even this much will move the market substantially. What do you think happens if you try to buy 5% of all dollars? Or 5% of all gold? Obviously disruption. You can't even know how many coins you will want or be able to afford until you start buying. Either way it sounds like you should do some studying before you sink the millions that will be needed into this. Otoh if you have millions sitting around you should probably fix that problem pretty quickly.
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We get (roughly) what we pay for. There is no 'enough' difficulty really. If there are lots of people paying fees then there will be lots of difficulty provided, if there are few fees there will be much less difficulty.
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i'm beginning to wonder if the MtGox price is being manipulated as well. if i setup 2 different accts funded with USD and decide to bid up the price of pizza back and forth with each transactions $0.10 higher than the last, in a thin mkt like we have i could become the HFT of MtGox.
No one serious cares what the last price was they care about what offers are available now. Some joker playing with himself doesn't affect the top bid and bottom ask. |
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Don't forget to print your Bitcoin address on your company's business cards too.
I'd put it in a QR code too... noone's going to type 34 characters in manually. Lol, if you need to move 34 chars is that how you do it? Typing 34 buttons? What? I don't even understand your question. In normal circumstances I move 34 chars around by copying+pasting. But you can't do that off a printed business card. haha, my bad. was still thinking email for some reason. |
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Don't forget to print your Bitcoin address on your company's business cards too.
I'd put it in a QR code too... noone's going to type 34 characters in manually. Lol, if you need to move 34 chars is that how you do it? Typing 34 buttons? |
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I appreciate the bitcoin enthusiasm, but isn't it a little odd to essentially give people instructions on how to tip you anonymously on every business email? I would think something like "Now accepting Bitcoin" would be fine.
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Without major modifications the average time between blocks will be 10 minutes. This does not mean that the average time from you making a transaction to it getting it's first confirm will necessarily be 10 minutes. This is because in the future when the fixed block reward is less important and fees are more important hashing power supplied will be variable and the more fee tx that are queued up they faster they get confirmed. There will probably be some time of day and day of week effects too, but maybe only minor. You can even have some control by offering a huge fee that will get previously marginally unprofitable miners to switch on.
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If you go to accept the lowest ask or highest bid and a dark pool grabs you instead won't it always be as good or better than you expected? What is the problem?
I do see the loss in terms of making the market look thinner.
For a small price and a little time it is possible to figure out where dark offers are, but not how deep. You could save people this hassle and enlighten those who didn't know how by marking where the lowest dark pool ask and highest bid are.
Of course then the next move for the darkies is to not make the bid/ask and use a robot.
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