It has the potential to hamper the government's ability to run society by allowing for citizens to control the earnings of their labor in an anonymous private environment. There is little accountability in a citizen paying their dues. How could you like this? Why are you here? Why don't you just keep supporting the US dollar or other fiat currencies?
I cant speak for anyone else but this godless heathen believes in a just meritocracy. Competition, the ability to adapt and include all groups plays to humanities strengths. Bitcoin may be dangerous to inflexible dictatorial governments but I don't see it as a threat to flexible liberal democracies. I see it as a vehicle to support the proliferation of liberal democracy in that you can allow funding of such underground movements in countries ruled by monarchs and dictators. I think those trying to avoid paying taxes in Europe and North America using bitcoin will be quite disappointed. Bitcoin represents a payment system that helps small business because of its low transaction fees and low barriers to entry. If one decides to filter the world through the distorted lens of Objectivism to the exclusion of all other philosophies and advances in human knowledge then one endangers oneself of of putting oneself at odds with reality. This would be a great post, if a "flexible liberal democracy" existed anywhere on Earth. But since there is no such thing, it's kinda moot. I hope bitcoin will help introduce flexibility but I certainly empathize with others peoples frustration with what they see as inflexible bureaucracies. As soon as flexible liberal democracy turns to tyrany in the minds of the majority of its citizens.... watch out. It seems you missed the point. There is no democracy anywhere on Earth, much less a liberal or flexible one. There cannot be a flexible liberal democracy without a democracy first! And if one were to arise, you probably wouldn't like the results. |
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I believe it is 8, let me double check, yep 8. Still 8. I'm sensing a drop to 7, nope still 8, maybe it will rise to 9, drat still 8  . Hey look it's 8  ! 8,8,8,8, 8,8,8,8, I'm seeing double quadruple! Ahh! I'm thinking in factors of 8!! Anyway it's still 8.  That is an indication that you can initiate connections, but any other peer trying to contact you is blocked. It's harmless, anyway. |
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It has the potential to hamper the government's ability to run society by allowing for citizens to control the earnings of their labor in an anonymous private environment. There is little accountability in a citizen paying their dues. How could you like this? Why are you here? Why don't you just keep supporting the US dollar or other fiat currencies?
I cant speak for anyone else but this godless heathen believes in a just meritocracy. Competition, the ability to adapt and include all groups plays to humanities strengths. Bitcoin may be dangerous to inflexible dictatorial governments but I don't see it as a threat to flexible liberal democracies. I see it as a vehicle to support the proliferation of liberal democracy in that you can allow funding of such underground movements in countries ruled by monarchs and dictators. I think those trying to avoid paying taxes in Europe and North America using bitcoin will be quite disappointed. Bitcoin represents a payment system that helps small business because of its low transaction fees and low barriers to entry. If one decides to filter the world through the distorted lens of Objectivism to the exclusion of all other philosophies and advances in human knowledge then one endangers oneself of of putting oneself at odds with reality. This would be a great post, if a "flexible liberal democracy" existed anywhere on Earth. But since there is no such thing, it's kinda moot. |
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"...and it's got more mainstream appeal than Bitcoin." It reads like an advertisment, not an independent article. Still, if this "new" micropayments system does have that kind of appeal, they would do well to start accepting Bitcoin as their in system currency before someone copies their model and releases it as an open source project. |
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Looks good, an already optimized SHA256 ASIC, so how much does this fucking thing cost.. and would like to hear ArtForz's comments on this one...
Sadly, it is unlikely to be optimized for the way we use SHA256. Most commercial implementations assume you want to push a big stream through them and keep a running hash. We want to hash a tiny block twice, then start over with a slightly different tiny block. Sorry for n00b question, but can we put two of them in line? Should be able to, but I can already see the disadvantage to ArtForz's own version. This core uses 66 cycles to complete a hash, while ArtForz's is claimed to be a pipelined asic producing a hash on every cycle. This is probably something intended to be a cheap co-processor in an ecommerce server, off-loading some calcs from the CPU in order to avoid bogging down the main website. |
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Sent them an email just to judge whether they are aware of Bitcoin or not.
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I usually see one or two connections, but then I don't mine and I've forced the client to reject peer connections except those I explicitly tell it to connect to and forced it not to attempt to use the IRC channel at all. If there were some way for clients to know that peers don't want them to announce them to their other peers, I'd use that to.
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I'll give 5 BTC to anyone who can provide an economic definition of "hoarding" which does not rely on personal preference and is demonstrably different than "saving".
I'll give it a shot: Hoarding has three general meanings in an economic sense. They are as follows: (1) acquiring excessive quantities of items that have little value in the market (think the crazy person who hoards paperclips), (2) acquisition based on an expectation that certain items will become extremely valuable related to current values during times of economic, political, or environmental crisis, or (3) acquisition based on on an expectation that such items will become extremely valuable compared with current values due to future scarcity. Saving, on the other hand, merely involves guarding or preserving an asset for future use. It does not require an expectation of future windfall profits, or excessive acquisition of items that have little value in the market. Did I win? 1JxsbbP2k5KHYGWtmggT7yJJ4eRtj7n9sJ 1) does not apply to this discussion, though you are correct, but it relies on a subjective evaluation of "excessive" 2 and 3) seem to be a definitions for speculation, not hoarding 1) the market values it as excessive, that's the point. Yes, the crazy person may value paperclips a lot more than the market, but the point is that the crazy hoarder's subjective valuation of the item is out of sync with the market. 2/3) may also work for a definition of speculation, but I think 2 more specifically defines hoarding, no? No, not really. That is the function of speculation, as a predictive market. If the speculator is correct in his predictions, then he profits while the market has stored resources that it needs during the crisis. If he is wrong, he loses money. |
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Would love to hear your thoughts.
My thoughts are that you are just another newbie who comes along after hearing a little bit about Bitcoin and then jumps to the conclusion that you, and you alone, have discovered the Great Bitcoin Flaw (tm). Perhaps there needs to be a new rule, that newbies cannot post until their account is at least a week old. Of course, that wouldn't have helped out here, but still... |
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Ever stopped to think what resources are consumed by 'normal' money?
I imagine that all the energy required to produce the nation's bank vaults, from mining the iron to forging the steel to shipping them to their installation at banks, is less than the energy 'wasted' on the Bitcoin network so far. Then you have no idea how much energy it takes to just refine iron. |
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I'll give 5 BTC to anyone who can provide an economic definition of "hoarding" which does not rely on personal preference and is demonstrably different than "saving".
I'll give it a shot: Hoarding has three general meanings in an economic sense. They are as follows: (1) acquiring excessive quantities of items that have little value in the market (think the crazy person who hoards paperclips), (2) acquisition based on an expectation that certain items will become extremely valuable related to current values during times of economic, political, or environmental crisis, or (3) acquisition based on on an expectation that such items will become extremely valuable compared with current values due to future scarcity. Saving, on the other hand, merely involves guarding or preserving an asset for future use. It does not require an expectation of future windfall profits, or excessive acquisition of items that have little value in the market. Did I win? I would say so, but then I'm not the judge here. |
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I use Mybitcoin.com because it has most of the pros of paypal, but if they were to try some of the things that paypal has done, the mass exodus of the userbase would punish them severely.
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Hm ... I had 1 ... yes, one ... even though I kept the Bitcoin client open for a couple of hours. Restarted ... same ... after installing port forwarding on 8333, it now went up to 70 ... 75 ... whatever, plenty :-)
Sounds like you had some kind of active firewall that was interfering until you explicitly told it not to by opening up port 8333. |
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http://www.derbycityrollergirls.com/Give their website a view, and perhaps ask them to accept bitcoin for their online advance tickets. It's better if you live in an area that they travel to in order to compete, and could actually attend a match.
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I understand the reason why those fees are there, but isn't there a way to change this system so that all I have to do is c/p someones address and throw them a quarter without paying more then a cent or two?
You can do that now. |
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Hi guys,
Saw Bitcoin mentioned on a thread today, and after doing a little research the idea is fascinating! I've got a fairly basic rig at the moment, although I have two 8800 Ultras which are great for folding - though I noticed that Nvidia cards are severely outperformed by ATIs, why is this?
Ati's are better at raw integer calcs, while nvidia cards are better at floating point calcs. The former is a better fit for bitcoin hashing, the latter a better fit for scientific simulation. |
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Who has that kind of hashing power just waiting to be used with a push of a button?
I'm not at liberty... Also, and attacker coming in from outside the network needs at least as much hashing power as the whole honest network, not just 50%. Just having a simple majority of the hashing power is only enough to make the attack possible, it doesn't make it easy. To build a chain in the dark, the attacker must have significantly more than the whole of the honest network in order to build his dark chain fast enough to get back far enough to overwrite his intended target block.
That's true if the attacker retroactively decides to rewrite some past block. What I was talking about was, when double spend (or some other attack) is planned in advance, and the attacker starts hashing the dark chain from the same block as honest nodes. It's generally true. It's not so straight forward. |
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IT's back up now, and the captcha is slightly different.
How is the captcha any different? It's case sensitive. |
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System is now down for maintenance.
are you the mybitcoin dev creighto? No. I had tried to login, and this is the error that I received. IT's back up now, and the captcha is slightly different. |
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