Was anyone using this app, by any chance? I downloaded it the other day but decided against giving them my password. Noticed today that there is a new version that is now closed source. Coincidence?
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BTC is very vulnerable right now to this sort of thing. Right now the market is mostly speculators and early adopters, most of which are trying to cash out.
There is no evidence that this assertion is true.
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They are initiating force against the ignorant.
Oh please. That argument can be used to attack anyone at any time. Anyone using their knowledge in any field can be the target of your vigilante justice because they're "initiating force against the ignorant" by their mere expertise in the field. This is why anarcho-capitalism, voluntarism or whatever you call it is garbage. It's just word play to allow "might makes right". The website owners might be scum, but you don't have to be. And no, a DDoS isn't non violent. Informing the public is. Barricading the entrance isn't. Take this to the politics forum, please stop hijacking the thread.
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What was it you used to say about aggression? Or is this defence again? Is it defence when you're aggressive something you don't like, but defence when someone is aggressive against something you like? But I do agree that the website should be avoided and reported. This website is defrauding individuals for the purpose of stealing their bitcoins. Yes, the use of a DDoS (which is non-violent, I would argue) is an acceptable action to take in response.
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This hacking seems to be getting out of control. People are losing a lot of money. What can we do other than the above suggestions? Strong passwords are no longer doing the trick.
Strong passwords don't help if there's some other attack vector. For instance, if you are using that same strong password on a site that is hacked and MtGox.
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what i don't get is why you don't consider people wanting to buy bitcoins to actually use them as a currency and spend them ?
Seriously? You think 200 little vendors is going to drive the current market cap? It's not the vendors... look... The supply of bitcoins is fixed. Some portion of all the coins created up until this point are for sale. The demand for bitcoins is growing. With all of the recent news about Bitcoin, many new people have been finding out about it and wanting to buy bitcoins. Steady supply + increasing demand = rise in prices Exactly people need to stop trying to "fix" the market. It either lives or it dies, if you try to fix the market, it dies.
What you don't get is that even an individual trying to "fix" the market (a claim for which you have shown no evidence) is part of the market.
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Coins were placed on the market at 20 btc to stop the price from going higher in attempt to stabilize. If you have evidence that this is true, I'd like to see it. Otherwise, you are speculating.
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This is pure speculation. It could be that someone just wants to sell off a large number of coins, or that people are skittish after the weekend's bounce.
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Right, but that protection isn't unique to microsoft. It also applies to apple and other companies. This isn't an offensive argument in any way, precisely because everybody could've had this.
Excellent goal post shift! Seven points! The entire argument is structured around corporations/monopolies ONLY existing if government subsidies them. So to win this argument, I only need one example to prove that a monopoly/corporation came into existence without a subsidy. You've only showed that government subsidizes all content industries equally (though, those with more political clout get better treatment). You have not shown that Microsoft would have existed in any meaningful way if there were no subsidization at all. Would you like to try again?
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The entire argument is structured around corporations/monopolies ONLY existing if government subsidies them. So to win this argument, I only need one example to prove that a monopoly/corporation came into existence without a subsidy. There is no evidence that corporations would exist without government granted privilege because there are no examples of corporations existing without government granted privilege. Microsoft. Intellectual property law is a subsidy for Microsoft's business model of selling copies of a non-scarce resource. This is of course on top of the government's recognition of Microsoft as some special entity that can do things individuals or groups of unrecognized individuals cannot.
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Just a heads up, not actually a press hit (yet). Listening to the Planet Money podcast this morning, they mentioned an upcoming episode on Bitcoin. Might be good.
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This article is excellent. I think he swung widely and missed at the end... The difference is that established fiat currencies—ones where the bills and coins, or their digital versions, get their value by dint of regulation or law—are underwritten by the state which is, in principle at least, answerable to its citizens. BitCoin, on the other hand, is a community currency. It requires self-policing on the part of its users. To some, this is a feature, not a bug. But, in the grand scheme of things, the necessary open-source engagement remains a niche pursuit. Most people would rather devolve this sort of responsibility to the authorities. Until this mindset changes, BitCoin will be no rival to real-world dosh. Does he not understand that with Bitcoin, people can choose who to trust regarding the software? Perhaps there is no such service today, but there could a marketplace for code auditing to which users could subscribe. Also, there will eventually be a multitude of Bitcoin clients, and users could use those from developers they trust.
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To trigger a full transaction, we could also think bigger. Why not a 'payto:' URI that works first and best for bitcoin transactions because they're so easy to represent online but could also subsume other currencies and destinations? For example.. payto:0.02btc|bitcoin:19bF4Xq2bJwVKzGmbq5pxmkgYkE1KnXngp#bitcoin+RFC+donation+to+vladimir payto:24.99usd|https://paypal.com/user/exampleman#payment+for+1btcThis seems to be inferior to the already specified bitcoin: URI. bitcoin:19bF4Xq2bJwVKzGmbq5pxmkgYkE1KnXngp?amount=0.02&message=bitcoin+RFC+donation+to+vladimir How is it any more readable to have fields separated by random symbols as opposed to specified in name/value pairs? Not to mention that links aren't/don't have to be readable by a human, just a computer. Most of the time links would be done like this anyway: Click to Donate!
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Keep in mind that your average Internet libertarian thinks government efforts to assist people born into poverty are criminal but demands that the government manipulate it's own currency (which they have option of not using) to prevent them from ever losing any of their (likely unearned) wealth as a result of natural inflation. In other words, they want the entire economy manipulated to subsidize the savings of the rich, but are disgusted by minor subsidies to help the poor. Complete hypocrites!
Inflation as we know it is not natural. It is the result of manipulation by governments. I suggest you watch this video, if you want to understand what the Federal Reserve is, how it operates, and who it serves.
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I agree there BitterTea. Although I went to the trouble of setting up Tor hoping to get a look at the site I see it as nothing more than a interesting idea. Now being one of those people that is aware of how "they're constantly getting fucked" I see the same behavior here as the central banking figures. Limit access, charge for said access, profit. Fuck that. I'll stick to my locals and piss on such websites.
Turn the desire to access the site into the same thing that people were looking to avoid. Fuck all that shit.
SilkRoad limited access and sign ups due to excessive amounts of traffic. They are working to open the site back up to everyone. The only people charging for access are those who have an excess of registered accounts or scammers. Chill out broseph.
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Bitcoin is climin' in ur windoze
It's snatchin' yo people up. Hide yo keys, hide yo wifi
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Hold up,
If I copy something that is a trade secret that gave a company a competitive edge, one they laboured into existence, they lose that edge. That edge was a scarce resource. They produced it at cost in time and resources, I reproduced the information the edge derived from at no cost, while still leaving them with a copy of the information, but no longer with the intangible that lead them to labour to produce the information to start with.
Trade secrets are not a form of intellectual property, as defined by current law. This is exactly how copyrights and patents should be treated as well. http://en.wikipedia.org/wiki/Trade_secret#ProtectionA company can protect its confidential information through non-compete and non-disclosure contracts with its employees (within the constraints of employment law, including only restraint that is reasonable in geographic and time scope). The law of protection of confidential information effectively allows a perpetual monopoly in secret information - it does not expire as would a patent. The lack of formal protection, however, means that a third party is not prevented from independently duplicating and using the secret information once it is discovered. If a disgruntled employee discloses a trade secret to a competitor, the competitor is free to use it, but the employee has breached his contract.
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Did anyone else get the following private messages? I'm wondering if the "miner" in question is actually malware. Why else would it be a binary only on github? I also noticed that he only signed up a few days ago and is following over a thousand developers... Anyone feel like disassembling the jar? Hi Silvio, Long time I have not seen you on IRC? What's up? I do not know if you still use DiabloMiner on your GPU cluster? I have bought the same config you have and I have tested DiabloMiner on it. I can produce 3Gh/s. That's quite good. Yesterday I have talked with Alex, he has developped an optimizated version of DiabloMiner. He has committed the soft on github: https://github.com/speedygonzalez/OptDiabloMinerIII have tested it, it's quite good, I can produce 1Gh/s more. You may try it... I hope to see you soon on IRC!!! ==== Karl Oops, My last mail was not for you, do no consider it. Sorry,
== Karl
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You put forth a very compelling argument against Bitcoin being embraced, Shroomer. Bitcoin is attractive to individuals for the same reason that it is unattractive to banks and governments. People just aren't aware that they're constantly getting fucked by the current system yet. edit... If you think I'm full of shit, I challenge you to listen to this talk by G. Edward Griffin.
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