Good think these questions are coming up as less orphaned blocks and greater # of transactions per block is good for both ASICMINER and the network. Let's ask friedcat about this during the next update.
Would it not be possible to connect the ASICMINER farm via VPN to several points to increase the number of fast peers? I imagine they are doing something like this already, so why the poor connection?
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Right now the magic threshold is really just about $100.
In the one week time frame I place $100 in the center of the negative feedback range. That means, the farther away from $100 we go on either side the greater probability we will go into positive feedback. There is still much greater sensitivity to positive feedback above $100.
Well we got to $100.
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Knowing how steep the exponential growth will be in this regime is a matter of reading the minds of the larger population, which is easy, and reading the minds of those at the very top of the distribution curve, which is hard.
What does that distribution curve look like and how many BTC are at the top? Why is it easy to read the minds of the larger population?
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The system which asks personal questions from one's credit history can be used to prevent fraud chargeback. Why are there no companies selling bitcoins which use this technology? I can understand PayPal and CC chargeback but what about the identity verification questions protecting against fraud?
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By "positive demand" you mean non-lagging demand (compared to your initial posts)?
Yes, that is what I mean. So positive demand will act as a positive feedback loop to accelerate the price once we reach this number?
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It would be nice to know what is happening. Others are wondering as well as when our hash rate drops it slows down confirmations on the network since the difficulty is so high.
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I expect friedcat will be posting soon to update us. It is nice to see the hash rate recovering. I would only ask that in the future updates be made more frequently as a matter of company policy in the event of an outage to avoid harming the share price.
So far so good. ASICMINER has exceeded all expectations and I am eager to see what they have in store for us next.
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The EFF replied as follows:
> Some of us in the bitcoin community are looking to donate to a Snowden > legal defense fund. Can the EFF recommend one?
I'm unaware of any specific legal defense funds, and generally EFF does not recommend specific legal defense funds for donations for individuals.
Would EFF be willing to set up a bitcoin address to hold donations for a Snowden defense fund?
EFF is unable to set up such a defense fund or a bitcoin address. We have only just begun to start collecting bitcoin and still need to make sure that all of our donations and relevant processes are working.
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I just emailed (non-anonymously) one of their officers who manages a legal defense fund for another whistleblower:
Greetings Michael,
I am looking for a way to support Edward Snowden, and I wonder if your organization has contacts with him or Glenn Greenwald and could arrange a legal defense or personal support fund similar to what your organization provides for John Kiriakou.
Specifically, I wonder if you could consider acting as a trustee or escrow agent of a bitcoin address for Mr. Snowden. Bitcoin is a peer-to-peer currency/digital commodity based on open-source cryptography, and I know that many people in the bitcoin community are sympathetic to Mr. Snowden's stated goals. The exchange value of bitcoins has grown meteorically over the last 2 years, and I can only guess that many in the community would welcome the opportunity to support Mr. Snowden with their new-found wealth. Because bitcoins are based on a peer-to-peer protocol, they are easily moved across national boundaries, an attribute which Mr. Snowden may find advantageous.
Please feel free to contact me if I can provide you with more information about bitcoins or if you would like to discuss technical concerns. I would be delighted if I can help your work in any way.
Regards, ....
I will keep this thread updated if anything comes of this.
-pbtc
Nice work! I'll be watching this thread. This could help get additional press for bitcoin and help one of our nation's heroes. Doubleplusgood.
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This needs to happen ASAP. Could help the guy a lot and also showcase another legitimate use of BTC in the fight against (government) terror.
We need someone who is trusted to escrow. Then the coins can be donated to one of the organizations which has pledged to help him. (e.g. whistleblower.org) Ideally the org should be non-partisan.
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Don't want to spam the thread but should we use current Mt Gox price to calculate the BTC cost? How do we calc. shipping? What if we don't get 12 (of course we will)! Thanks!
I would like 1 men's medium.
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sorry, I prefer the one where the cat is actually IN the pan... and in black... if anyone wants in on that let me know that might be the one i posted? i have a t-shirt press, i'd be willing to print a run if we could get a dozen orders. EDIT: this one here: I would order the cat IN the pan.
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Bitcoin never depends on the domain name, so the fundamental structure will not go down. It is the marketplace/community that may be seize. But if the community ie bitcointalk is doing nothing illegal, government cannot simply take down the site.
Aren't the Seed DNS nodes important?
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This is the first transaction of a chain of 7 non-standard unconfirmed transactions which has to be confirmed before the dividends can be confirmed. That payment script is a mess, and the satoshis are making a storm of dust. Why are they being chained in this way? Couldn't the satoshis be sent as their own transaction and the payments sent as another non-chained transaction? I have received my satoshis about 100 blocks ago but not the payment yet... looks like it will take some time to process. How do we know it is not a block maturity issue but instead the satoshis being rejected as spam due to 0.8.2? Thanks for the explanation!
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You will get some weird looks with that T-shirt depending on where you live...
That just makes it priceless (Avoid going to PETA with that shirt) I am vegan but when it comes to fried cat I make an exception
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How much do you need to be considered wealthy?
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Lets get back on this topic... The number of shares held by the public... looking through the blockchain at satoshi transactions I can only account for 64,469 shares... where are the others? Did I miss some? Are some shares not handled the same way as these? Did friedcat buy back some shares and we have yet to discover this? Were there never actually more then this many shares sold and we were wrong all along? Info taken from transactions on 5/29/2013 such as this transaction https://blockchain.info/tx/2f161bac1ef4c5dc09168de36a7c7c80a7d0ac236ec1e29a25c825d5c3a6ed7e and the other 5 like it (total of 6). https://docs.google.com/spreadsheet/ccc?key=0Am3MH7b0EM3adG56N1VzZzdtNXRZSkdOOXcxbGx0TXc&usp=sharingSome basic information... From what I know all public holders of shares are paid one satoshi per share before dividends from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF. By looking at all transactions from that address on a dividend day, I should be able to account for all publicly held shares and figure out what addresses own how many shares and track movement. PT shares derive through publicly held shares (often called direct shares) so even though some people would not be represented here themselves... the PT should be listed and the pt share holders will be under that. TAT confirmed his address was already listed here in my sheet. Are my assumptions wrong? Did I fuck up and miss a transaction in this spreadsheet? Is YOUR dividend address listed? Or.. is something else going on. If everyone reading this thread just checked to see if they see their address listed in my spreadsheet, we could quickly figure out if the mistake is on my end (which i assume is the case)... If you do NOT see yours listed... link me to the transaction that includes your satoshies for 5/29. Here's one for your spreadsheet that you missed: https://blockchain.info/tx/a277fe830ef6b58d72614055fa53381fd85b6dd1714d21b3d1f6f88838b620ebI think there is an error in the calculation for >1000. The sheet has C2:C299 instead of C1:C298. Same for some of the other calcs. There are 9 >1,000, 2 > 5,000, and 1 <10,000.
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Win8 64bit. Upgraded from rc3 to final. Sync'd chain. Then the "Transactions" panel was empty. I restarted the client and it has populated again. Anyone else see this?
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How many shares left to sell? Thanks DT!
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