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561  Bitcoin / Project Development / Re: Interest for Bitcoin penny auction site on: January 04, 2013, 09:23:43 PM
You should know about mokimarket.com.
562  Other / Beginners & Help / Re: What is the moral legitimacy of bitcoin? on: January 04, 2013, 02:21:57 AM
Gold is expensive because it is hard to get!

That's not right. It's nearly the opposite. Gold is hard to get because it is expensive.

There is all kinds of stuff harder to get than gold, no one bothers to get it because it isn't wanted.
563  Bitcoin / Press / Re: 2013-01-03 businessweek.com - Bitcoin: Making Online Gambling Legal in the U.S.? on: January 04, 2013, 12:59:35 AM
What's the name of that bitcoin poker site... maybe I should google 'bitcoin poker' and see..
564  Economy / Gambling / Re: Fate of Dice - New dice game! on: January 03, 2013, 12:13:29 PM
Mybe you might have few error.

I bet this would be my fate.
565  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Bible" by Charles Petzhold on: January 03, 2013, 01:39:24 AM
I'm still waiting for a "Bitcoin For Dummies" book.

At least we have the forum...

He said Bitcoin for Dummies not Bitcoin for Raving Lunatics

 Grin
This man speaketh the truth!

Lol, maybe my extensive ignore list gives me a biased impression.
566  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: January 03, 2013, 12:36:24 AM
Awesome!  Any hope of an iOS client?

There's always hope!*

*not an official position
567  Economy / Gambling / Re: SealsWithClubs.eu | Largest Bitcoin Poker Site | No Banking | Fast Cashouts on: January 03, 2013, 12:03:25 AM


The Android client is coming along quickly. We'll need testers next week. Email support@sivv.com if you want to be one of the first.
568  Other / Beginners & Help / Re: integrity of the system on: January 02, 2013, 11:59:34 PM
Really briefly there are two important parts, the blockchain and the rules (protocol)

The blockchain (currently) contains every bitcoin transaction.

Every full node has a copy of the blockchain, all you have to do to be a full node is run bitcoin-qt or similar and wait for download (from peers) and processing/checking the data they give you.

The rules are essentially enforced by ostracism, if you try to do something like spend money you don't have everyone else will just ignore you. If anyone is willing to play along, then they'll just be ignored as well.
569  Other / Off-topic / Re: READ THIS IF YOU WERE MY BUYER IN THE PAST VERY VERY IMPORTANT on: January 02, 2013, 08:54:07 PM
Sheep leaders usually lead their lambs to slaughter, just sayin'
570  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Bible" by Charles Petzhold on: January 02, 2013, 08:10:20 PM
I'm still waiting for a "Bitcoin For Dummies" book.

At least we have the forum...
571  Bitcoin / Project Development / Re: Online banknote cemetery paying satoshis on: January 02, 2013, 08:00:19 PM
I thought I got it but then I didn't.

Why not pay tiny amounts for photos of stamped bills and show them in an online gallery?

Could even arrange them by serial number and make jokes about collecting them all.
572  Economy / Economics / Re: Inflation that's equally distributed. on: January 01, 2013, 02:55:53 PM
You guys are both missing his point. See where he says, "For the people who are rich, then they face inflation but that's not a bad thing - they'll be encouraged to spend it."

This means his idea of "equal distribution" is the same amount for each individual. Not according to how much money you already hold. So, inflation comes, everyone gets $100.

Well if that is actually what OP suggested then that is a stupid idea because it's socialism and we all know socialism doesn't work.

Yeah rich people aren't going to hold that money.

And the rich 'spending' means dumping it and the poors (and slow rich) will pay for it in further currency devaluation. But hey, you could just dish out more money to make up for it.
573  Bitcoin / Development & Technical Discussion / Re: SatoshiDice, lack of remedies, and poor ISP options are pushing me toward "Lite" on: January 01, 2013, 02:29:37 PM
No matter how decentralized it remains, Bitcoin doesn't provide any security at all if it's not used, and if 99.99% of transactions must pass through other (probably centralized) networks due to block size limits how much security is Bitcoin actually providing in real terms?
The primary novel thing Bitcoin provides relative to other systems is inflation resistance.  It's fairly straight forward show that a system denominated in Bitcoin is actually backed by control over the Bitcoin value they claim to control.

(e.g. for example— if you have a distributed payment network based on blinded tokens, you just re-blind and publish all the the tokens, and then publish signmessages with keys in the bitcoin chain for all the coin in the system.  Anyone with a token can verify their their token is in the list... and anyone can sum the tokens and see that there aren't more tokens than coins  ('anyone' in these cases really just being auditing built into the software that runs randomly and publishes alerts if a discrepency is found))

You're adding the centralized requirement there— but it isn't needed, distributed and decentralized systems denominated in Bitcoin can be created— though centralization does allow certain efficiencies. Alternative distributed and decenteralized payment networks systems can scale better than Bitcoin simply because there can be more of them, or they can potentially scale better  because they are less secure (e.g. one using guy fawkes signatures), or because they are less decenteralized. Arguably the latter two are harmful, but better that harm happen on a smaller scale than the whole world and the whole currency.

If the economics of scaling create some centralization I would much rather it be in secondary systems than in Bitcoin itself.  E.g. if to scale to support all soda-pop transactions centralization must be employed to achieve information hiding, I'd much rather have it in secondary system so that _something_ remained decentralized— that there could be choices in centralized systems— and so that people could insist on those systems prove ownership of their backing Bitcoin. If directly scaling bitcoin creates effective centralization there we would have one-centralized-system to rule them all, and proofs of backing would be not worthwhile. Compromising in bitcoin itself would be strictly inferior— better to compartmentalize the compromise if any must exist at all. Nothing can be more decentralized than the ultimate backing asset (e.g. using a bitcoin-like blockchain to move around mtgox-USD would have almost no value over mtgox issuing blinded tokens for mtgox-usd and would be much less scalable), and so if Bitcoin is to back anything it should be as decentralized as possible.

Quote
It's not necessarily the case that transaction fees are the only way
They are— however— the way we signed up for. And so far, no one has yet suggested something else that would obviously work (e.g. the POS stuff is all sadly broken because as Amiller has aptly put "In proof of stake, nothing is actually at stake") much less would be an uncontroversial replacement for what Satoshi created.

Moreover, I'd like to point out that even if a controversial change were technically successful, that success would be potenitally its undoing because it would ultimately erode trust. It would be better for cryptocurrency in general if the succession of incompatible rules were to take place through natural market adoption of alternatives, rather than through a hard-forking change over which there existed any real controversy. ... simply because there is no property right concern when people freely choose to use one system over another, as there may be when a system is, arguably, changed out "from under" people and potentially against their will. (The migration from one cryptocurrency to another is potentially undermining too— 'why adopt foocoin when barcoin will just replace it later?'... but it's potentially less undermining then 'why adopt foocoin when the technorati may change out from under me in the future?'. Considering that Bitcoin's 'competition' is other pure monies backed by the fickle whims of (very powerful) populations and institutions, we must be especially mindful of this.).



Hear, hear.
574  Bitcoin / Bitcoin Discussion / Re: Anti-Fraud Team -- Help Wanted on: January 01, 2013, 02:19:34 PM
There is an excellent thread buried somewhere by mndrix(?) about how he accomplished amazingly low fraud before PP shut him down (and froze his money for 6 months).
575  Bitcoin / Bitcoin Discussion / Re: Anti-Fraud Team -- Help Wanted on: January 01, 2013, 01:30:03 PM
Victim relief has two huge problems.

It will be scammed unless you run it very conservatively. Which will mean asking victims tons of info and then still mistakenly rejecting some actual victims.

Then if it does somehow become an effective and meaningful remedy it will lower the incentive to avoid being scammed and (potential) victims behaviors are nearly the only thing that determines how much scamming happens.

576  Economy / Economics / Re: Inflation that's equally distributed. on: January 01, 2013, 07:13:42 AM
It's just a numbers trick then and nothing is actually happening and there is no point but to add confusion or maybe trick the dumbest few percent into thinking a real terms wage decline is an increase because it is a bigger number.
577  Bitcoin / Bitcoin Discussion / Re: [TOAST] Thank you everyone, happy new year! on: January 01, 2013, 07:11:23 AM
+1

Here comes the best year ever!
578  Economy / Games and rounds / Re: I'm thinking of a number... on: January 01, 2013, 02:59:34 AM
6666
579  Other / Off-topic / Re: Parents need to bring back the belt! on: December 31, 2012, 09:12:54 AM
the kid has killed a lizard. beats on the dog. hits pretty much anyone that doesn't give him what he wants. throws tantrums constantly...
he's got / the parents have a problem, and its not my or my kid's problem....

It's gunna be your problem if you don't have the balls to decline play dates.
580  Bitcoin / Development & Technical Discussion / Re: SatoshiDice, lack of remedies, and poor ISP options are pushing me toward "Lite" on: December 31, 2012, 06:58:21 AM

I also regret that times of all having equal "vote" will be gone. They are actually already gone. A mining pool operator has more than equal "vote" compared to your full node since long, e.g. he can exclude transactions from blocks, you do not.


That's as silly as saying that the 'olden days' of bitcoin didn't give equal votes because my mother (she doesn't mine) couldn't exclude transactions. She could have if she cared and so can any current miner.

Do you think pool operators are special? They are just people who care to do what is required by the actual laws of physics to set up blocks for mining.
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