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5961  Bitcoin / Press / Re: 2013-05-07 Business Standard: US regulator mulls setting rules for digital... on: May 07, 2013, 11:54:11 AM
http://www.business-standard.com/article/international/us-regulator-mulls-setting-rules-for-digital-currency-bitcoin-113050700080_1.html


"If you're buying Bitcoin and you are hoping that their value increases ... and you could purchase something with them in a day or a week or a month or a year, that is clearly a derivative of the actual Bitcoin," Chilton said.

How does that even make sense?

He doesn't have to. CFTC has presided over a period of arguably the most corrupt and dysfunctional commodity markets operations in history ... valuing in the hundreds of billions to trillions. And missed massive manipulation, fraud and essentially govt. sanction criminality (MF Global & Jon Corzine affair).

Along comes bitcoin, market cap $1 billion ... "We're all over this massa!" ... you couldn't make this stuff up.
5962  Bitcoin / Mining software (miners) / Re: python OpenCL bitcoin miner on: May 07, 2013, 11:05:25 AM
Hey,

i switched from Windows to Ubuntu 12.04 and don't get poclbm running.

I installed ATI Drivers, 12.104 Catalyst as well as SDK 2.8, pyopencl is also running perfectly. But I don't get poclbm working.

The Error reaccurring all the time trying to run
Code:
sudo python poclbm.py http://xxxxxxxx:xxxx@api.mining.cz:8332 -d0 -v -w128

The terminal always says

Code:
07/05/2013 12:28:18, Ignored invalid server entry: http://xxxxxxxx:xxxxxxxxxx@api.bitcoin.cz:8332


WARNING: no adl3 module found (github.com/mjmvisser/adl3), temperature control is disabled


At least one server is required


Sounds like you need to allocate the correct DISPLAY(s) (the ones associated with your GPU(s) ) to the Xserver ... it's been so long i forget how to do it ... something like

Code:
export DISPLAY = 0.Y
... where Y is number associated with your GPU
5963  Alternate cryptocurrencies / Altcoin Discussion / Re: More Genesis Block Discussion on: May 07, 2013, 10:56:03 AM
Doesn't mean I'm not liking this thread ....  Smiley
5964  Bitcoin / Bitcoin Discussion / Re: Roger Ver and Jon Matonis pushed aside now that Bitcoin is becoming mainstream on: May 07, 2013, 10:47:56 AM
bitcoinpresscenter.org is done, from an engine and content management perspective. I'm working on the visual layout and design (a CSS designer is working on it for me).

If you can look beyond the very simple and naked "look" , please visit bitcoinpresscenter.org and propose new press contacts directly. Anyone can propose a new contact and provide all the relevant details (which is a lot more information that the current press center).

Feedback is very welcome so that bitcoinpresscenter.org can be improved and launched...

Hey! ... why aren't Roger Ver and Jon Matonis on bitcoinpresscenter.org ?? ... is this some kind of political censorship or something? Cheesy  Wink

PS: good work btw.
5965  Bitcoin / Bitcoin Discussion / Re: Anti-Bitcoin Socialist Propaganda in New Zealand on: May 07, 2013, 10:39:38 AM
Quote
So far, I have barely heard a reasonable argument to anything they've said.  Just dismissive rhetoric.

Quote
"I've got a dishwasher at home and that's not money."
   wtf???

Oh, yeah ... I think we can safely be dismissive.

These are not people to be argued with, since they will never, ever be swayed by any argument, however compelling. The only way to change these people's minds is to take away their taxpayer-filled feeding troughs.

And that's what bitcoin allows us to do ... we don't have to explain to them how we are doing it, why we are doing it or grovel for their permission to do it ... or why they are wrong to want to keep feeding from their free troughs.

We just do it, like Satoshi.
5966  Bitcoin / Bitcoin Discussion / Re: Bitcoin Private Keys engraved in Diamond on: May 07, 2013, 09:59:22 AM
How do we know you haven't recorded the private key?
5967  Bitcoin / Bitcoin Discussion / Re: Anti-Bitcoin Socialist Propaganda in New Zealand on: May 06, 2013, 11:53:23 AM
Unfortunately the media in NZ is now awash with this kind of commentary and thinking ... i.e terrible, low-brow mobocracy.

There is a holdout of second and third generation descendants of pioneers still living off the land but the full retard socialist state is all but a reality ... and national debt is rising Sad
5968  Bitcoin / Bitcoin Discussion / Re: Do we want to work with money regulators, or keep Bitcoin unregulated? on: May 06, 2013, 09:33:49 AM
Quote
Eventually the people currently working on Bitcoin technology for the love and principle of it will wear out.

... this has a sad ring of truth to it ... pioneers don't tend to hang around when the maddening throngs show up.
5969  Alternate cryptocurrencies / Altcoin Discussion / Re: More Genesis Block Discussion on: May 06, 2013, 04:30:36 AM
lightenup gave me this advice for generating a genesis block:

Awww, that is cheating!

You really have no business creating your own block chain if you don't understand the code well enough to figure out how to mine a new genesis block without somebody else's help.


I agree, I was thinking this also .... people are free to experiment but who would want to put trust in a blockchain that was began by someone who was not yet fully competent to create their own genesis block is probably the free market answer ...
5970  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 04:15:18 AM
So link to this Gaving "IThinkImUSAPresident" Andresen guy comment.
https://github.com/bitcoin/bitcoin/pull/2577#issuecomment-17141937

Quote
Bitcoin is not appropriate for transactions less than a penny or three.
rant scrubbed out here ...


You omitted the rest of Gavin's comment that succinctly points towards the technical reasons why this change is necessary now and timely ... (to suit your own agenda?)

Quote
Bitcoin is not appropriate for transactions less than a penny or three.

If Moore's Law continues to hold, then one day it might be.

That is all out of scope for this pull request; if we do nothing, then we are stuck with MIN_RELAY_TX_FEE=0.0005 BTC.

5971  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 03:31:31 AM
I think I might set my dust limit way high like

Code:
minrelaytxfee=0.01

I'm sick of carrying around a whole lot of everybody else's crap. When you exist on dial-up connection and old hardware you might appreciate what the cost of TX actually are. Maybe a lot of the people spouting off about this are actually spoiled brats with high-end rigs and fibre-optic connections living on free electricity?  Wink

Then you shouldn't even be using a full node, go use a lightweight node, otherwise I see no reason to complain.

What?! Are you trying to censor me off the blockchain just because I have dial-up and old hardware? [sarc]Facist nazi rich prick![/sarc]
5972  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 03:05:24 AM
I think I might set my dust limit way high like

Code:
minrelaytxfee=0.01

I'm sick of carrying around a whole lot of everybody else's crap. When you exist on dial-up connection and old hardware you might appreciate what the cost of TX actually are. Maybe a lot of the people spouting off about this are actually spoiled brats with high-end rigs and fibre-optic connections living on free electricity?  Wink
5973  Bitcoin / Press / Re: 2013-05-05 Bloomberg - Lenders May Create Bitcoin Rivals, Says NZ Bank Group on: May 06, 2013, 02:59:41 AM
I watched the whole interview and panel "discussion" ... the banker guy was pretty much ill-informed about how bitcoin works so not sure why they had him as the bitcoin go-to guy. The panel were all dyed-in-the-wool statists and spent most of the time saying how bad bitcoin is for anybody who even thinks about touching it ... no balance at all and lots of FUD.

NZ will be a bitcoin backwater for quite some time going by the dunder-heads on this show if they represent leading light NZ thinkers qualified to talk on television about world affairs ....
5974  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 02:46:26 AM
You idiots know it's just a default setting that can be changed, right?

You can just change this in the config, and connect to a few nodes in pools that accept non-standard tx's.
+1

Knock yourselves out, no fork needed, just add this to your bitcoin.conf and convince a few big miners or mining pools to do the same:

    minrelaytxfee=0



Wow dude, you are a fucking Nazi.  Do as I say BITCOIN!

I'm done here if this change is made.  No one dictates what I should or shouldn't send.  I don't give a fuck who you are.

There is absolutely no need for personal abuse.

Gavin is doing the best job in what is becoming a very challenging role. He has the support of all of the thinking devs who understand the issues on this change. As far as I can tell, this is the best move possible in the circumstances (noone is all knowing), and timely also.

Chin up Gavin, try to tune out the unthinking mobocracy .... we'll get there in the end.
5975  Bitcoin / Bitcoin Discussion / Re: WARNING! Bitcoin will soon block small transaction outputs on: May 06, 2013, 01:00:25 AM
So as I understand it the default behaviour becomes that the satoshi client will not by default relay any TX with an output less than 5340 sts, i.e. treat them as non-standard TX.

If there is an existing wallet full of unspent TXout <5340 sts will they now become essentially unspendable ... or can they be collected with other larger TX inputs and sent to TXout >5340?

Are we sure there are not dozens of users in very poor locales existing on dollars per day bit-dust farming for a living that this will impact?

I'm all for reducing blockchain bloat and this looks like a good approach but needs to be a way to collect dust back into marketable sized unspent-TXout ... just want to check that it exists using this approach?

tl;dr Dust creators should be penalised and dust reducers should be incentivised.
5976  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 05, 2013, 12:05:56 AM
The funny numbers in the banks fragile databases have legal standing.


Sure. But the carrier of value is irrelevant. It's weather or not you control it on your own behalf(IOW-owns it) that matters.

you are getting there .... one can control the private key, but not absolutely the blockchain ... so is there really any ownership? (unless the State decides to give the blockchain legal standing.)
5977  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 04, 2013, 11:49:09 PM
Quote
I cannot see any reason not to report it. It is a value, just as if it had been a lump of gold, a car or paper with a random number issued by a national bank.


... random numbers issued by national banks have legal standing ... see above.
5978  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 04, 2013, 11:46:35 PM
The funny numbers in the banks fragile databases have legal standing.

edit: it's a chicken and an egg... and the State will never legally lay the "bitcoin is money" golden egg .... dyodd
5979  Bitcoin / Bitcoin Discussion / Re: Creating a multiplayer bitcoin game. need a daemon for deposit and withdrawal. on: May 04, 2013, 11:44:57 PM
Open Transactions maybe able to do this for you ... i know of dev for an OSGrid already using it.

https://github.com/FellowTraveler/Open-Transactions

5980  Bitcoin / Bitcoin Discussion / Re: Trace Mayers - No Taxes/No Reporting???? on: May 04, 2013, 11:39:39 PM
Quote
Biggest question is if BTC is considered a currency or commodity by goverments around the world.

Ummm, no. There are several bigger questions, not the least being the question of what precisely is a 'bitcoin'?

Is it the private key? Is it the number in the shared public ledger, the blockchain? At present, the asset you are referring to as a 'bitcoin' has no legal definition.

For all intents and purposes people are trading coded numbers amongst themselves that have exactly zero legal standing.

Your bitcoin asset is whatever you control on your own behalf. Look in your wallet.
The private key is something you can share, like a PIN code. If your uncle gives your his PIN-code to a CC, it's still his CC and founds.

The blockchain is where the transactions are stored. The blockchain is Bitcoins central bank.

It's really not that complicated unless you want it to be complicated.

It is complicated ... you have conveniently avoided defining what is a "bitcoin".

You say "look in my wallet" ... do you even know how to do this? In the wallet is the private keys (and some other stuff). I control the private keys, but you say they are not the asset. Then you say the ledger at the central bank is the bitcoin ... but I do not control that absolutely.

Can you define precisely what is this bitcoin that one owns (in the sense of property law)?
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