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Hmm...I feel weird in the abritation and judgement area. Some jobs won't be of to the satisifaction of some individuals. Some individuals think it is a satisifed job. Some jobs are completely subjective.
But, clearly, I am not thinking clearly since I am tired and all.
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What are you currently working on for biddingpond.com?
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I think it would be Keene.There is also agorist acres in Grafton  Hmm, you could even set up a logistic company that ferry goods between Keene and Grafton. I think somebody in both Keene and Grafton must first promote bitcoins amongst the libertarian crowd. Be careful not to confuse your ideologies. Libertarianism and agorism are closely related, but they are not the same thing. Generally speaking, agorists are libs who have dropped the 'live and let live' non-aggression principle in favor of an intentionally subversive market stragedy with the intent of 'starving the beast'. I don't think that's quite right. Most libs will vote and advocate for politicians to rule over us, they just want nicer, less intrusive ones. Agorists actually do live and let live and this will have the effect of "starving the beast". It is not aggressive to avoid aggressive people. Agorists are anarchists who don't think voting will work. So they advocate subversive but nonviolent and beneficial behaviors. Edit: Fix Double Negative |
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4 weeks of cpu time running at max. and it DID make a difference!!!! cpu was at 100% all the time! nothing to show for it. so, have to say, goodbye to this.  If you leave now, you'll be missing out on a great opportunity, which is not to spend electricity on bitcoins, but rather to receive payment from a community that is eager to spend money in exchange for your unique talent or skill set. Best of luck to ya! i don't want to leave. but, i just can;t afford to wait forever in the hope something might happen. ie, generate a block? no, 4 weeks worth, is not worth it There's absolutely no point in generating bitcoins if you don't have anything to buy. Beside, it's a lot easier to get bitcoins if you do something that people might want to buy. |
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Hey. I know of a way of investing money that doesn't require you to sign loads and loads of form and lot of money. There's a new currency called bitcoins. It's electronic and all, but people are buying bitcoins for buying stuff or in the hope that it become big. You can invest 5 dollars and buy bitcoins on the currency exchange market and then sell it for a higher price. If you're successful, you can repeat this process as much as you like. If you lose 5 dollars, than it isn't a huge loss, anyway.
Plus, you could buy something with bitcoin if it doesn't pan out.
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The day will end in approximately four hours
I hope Quantumplation is the wolf or somebody will die tonight. |
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Obviously, we're too dispersed to have a local bitcoin economy. But I think we could advertise and get people in certain area to use bitcoins though. Specifically, I am thinking of a town in New Hampshire with lot of agorists in it.
Edit: fix missing adjective.
What town would that be? I think it would be Keene.There is also agorist acres in Grafton Hmm, you could even set up a logistic company that ferry goods between Keene and Grafton. I think somebody in both Keene and Grafton must first promote bitcoins amongst the libertarian crowd. |
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The site is already a wiki, isn't it? Homepage is not editable and that's a good protection from vandals.
I am under the impression that only the documentation page is a wiki. |
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Scavenge for used electronics? Is that still useful these days? I have some computer hw laying around, cd units included (they should all be working), maybe I should make a list and send to you Or put everything on biddingpond... Until I have enough bitcoins, and enough electronic knowledge to use it, you won't be able to sell to me much stuff. However, I do want to make robots and the like. It's just that it take me forever to get anywhere. Not to mention that I don't make much money. So eventually, you should be able to sell to me lot of stuff as I grow my money-making and electronic knowledge. |
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Currently the rules are why they are because the entire network is designed with "trust no one" but instead "trust everyone collectively".
You mean it is designed to "trust no one", not of "trust everyone collectively"? |
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Interesting, but don't people just buy mp3 instead of used CD? It might be a good idea to sell a usb drive full of songs, or songs that the user want instead of an obsolete city.
However, I am more willing to buy used CD player for its scavengable DC motors, laser reader, stepper motors and other valuable electronics. Especially if it is far cheaper than buying factory rolled out and unused DC motors and other parts.
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I've seen two recent releases, .36 and .38, mention faster hashing. Why is this advantageous? Won't faster hashing simply cause the difficulty to increase, and place us precisely back where we were before the "speed" increase, only with a higher difficulty number?
It's because some people have faster hashing engine than others. It is felt that it is fair to equalize this by giving everyone a faster standard hashing engine. |
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buy - Current lowest selling price.
sell - Current buying price.
Is this back to front? buy is the selling price and sell is the buying price? Buy is the lowest price you can buy bitcoins for. Sell is the highest price a bitcoin buyer is willing to accept. I hope that clear up the confusion. |
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I'll consider buying silver coins when I have enough bitcoins.
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If potential users of the currency believe that bitcoin is simply a way for botnet herders to convert spare cpu cycles into cash, they are unlikely to participate in the emergence of the economy. The current system could easily result in the perception that bitcoin is basically being used as a vector for the indirect monetization of the theft of electricity via compromised computer systems. I assume most people interested in bitcoin understand that self-interested individuals will obviously seek to exploit opportunities like this, and the design of a popular currency has to prioritize how a prospective user will evaluate its fairness.
There's no reason to think of it that way, anymore than the local barber is collecting hair to clone an army of super-men for world domination. You have to draw the line somewhere. If someone is going to steal electricity, targeting a 30 watt computer doesn't make a lot of sense. I have seen the topic come up here a few times "what if someone seeks to exploit this?" and the answer is the same over and over, it has been designed from the ground up to counter this exact concern. If you want to "game" the system, you need a lot of CPU power. CPU power cost money. The system scales itself to the available CPU power it has so if you bought 10,000 EC2 sessions from Amazon and started a massive bitcoin generating farm, you would never make more money out of it than what you put into it for long because the system would self-adjust against it. If someone throughs a massive botnet at it, the same thing will happen. The system is set for self-feedback, so to try to steal from everyone is to try to steal from yourself at the same time. I think you are rationalizing away a serious issue. Botnets exist, and the owners of botnets seek to monetize them. Bitcoin minting is an available strategy. Saying "If someone is going to steal electricity, targeting a 30 watt computer doesn't make a lot of sense" is a complete non sequitir. Being in control of a botnet means YOU ALREADY HAVE STOLEN the electricity, the question is - how are you going to make use of it? It is very simple economics that bitcoin production is roughly proportional to energy input, and that therefore the most efficient producers will be those who are able to obtain that electricity at zero cost. In making an analysis of an economic system, you obviously proceed by determining how self-interested actors will behave in that system. I am completely unconvinced by hand-waving arguments that try to claim people will not behave in selfish and unethical ways, if they see an opportunity for profit. We already KNOW that people are throwing a lot of computational resources into minting bitcoins, the steadily increasing difficulty is exactly equivalent to a steadily increasing computational cost of the system! The more energy invested in the production of the same quantity of coins, the harder bitcoin has to work to deliver value added on that cost. The computational and energy cost for generating bitcoins is quite irrelevant to the bitcoin economy since it does not compromise the integrity of bitcoins. People should be more concerned about a botnet trying to cheat rather than mine bitcoins. |
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I suggest that the bitcoin.org main site to be turned into a wiki? I believe there are several good reasons for it.
1. No more reliance on Satoshi on maintaining the site. Now the community can maintain it.
2. People can start immediately translating bitcoin.org into their own native languages.
3. General more likelihood of information being up to date.
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It look like nobody is willing to buy soon. There's probably a willing buyer in this universe but it will take a long time until a buyer show up. You might consider putting your wireless minutes up on biddingpond.com where all the other auctions is taking place.
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It was not possible to use my short nick kiba. It wants 6 letters username. Why is that?
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I was just reading the faucet drainer thread and it came to mind that no one was brave enough to say they're from Spain I'm from Portugal, btw. I am from Spain.  Added Portugal and Spain to the poll. |
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