Oh Stef has voiced his opinion on it before this in a few videos. Nothing substantial however. I don't suspect it was necessarily a procrastination on his part.
Really? Links? The first time Stefan mentioned Bitcoin was at 40:15 here: http://www.youtube.com/watch?v=x36kWkB1CD0He mentioned it in a little more depth in the middle of one of his long shows within the last two weeks, but sorry I'm not going to watch through them all again to find the reference. And he has just released this one: Stefan Molyneux on TV: Bitcoins: digital currency of the future? http://www.youtube.com/watch?v=pcchQs2YDZ0It looks like Stefan has become a convert: It's a very powerful system, and it's a really ingenious system. It's a beautiful thing that has been created in my opinion. I think it's just wonderful! |
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An exchange is simply a way to bring together willing buyers and willing sellers at mutually-acceptable prices.
The notion that there is some "real, true, price" that must be "protected" by breakers is bogus. All that exists is a series of prices of trades between willing buyers and sellers, and a set of asks and bids.
On the other hand, a breaker really is a manipulation of the market, because it blocks the making of mutually-acceptable trades at the market price.
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If this will work as it should, without errors or serious security issues,
and if it is finished before .p2p,
And do these things apply ? Yes. It doesn't have a nice GUI, but it's up-and-running, and it works. |
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Two further thoughts, both admittedly long-shots.
1. Try installing the latest version of Bitcoin and starting it with the -rescan option, just in case the BTC aren't really gone.
2. Read the fine print on your household insurance policy to see whether it covers cash-like things.
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Might even be Satoshi  |
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What happened to it?
Scammers keep finding ways to empty it out. |
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The logical address to use for examples would be the Bitcoin Faucet donation address, when it is back up. |
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He/she might have been a cryptography-geek before his/her sex change operation. Just sayin.
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The unusual lack of a top level directory in this archive is rather inconvenient.
Standards slip when the boss is away speaking to the CIA! But seriously, thanks for the great work. |
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its probably gonna finish in about 6 hours or so
lets get back to gavin to see how it went by then
Gavin is going to OneWorldTV immediately after his presentation, to be interviewed by Bruce Wagner. |
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there may be a change to get rid of that, instead of them being destroyed, the miner gets the coins.
That suggested change would actually be a really bad move, because then the miner who generates a block could register an enormous amount of domains for themselves at effectively no cost. Namecoin's stroke of genius is destroying the coin when a new domain is registered, yet having the renewal fees going to the miners. The number of coins burned for each domain name drops exponentially over time, so there will eventually be no scarcity. This is as it should be: names are not inherently scarce; only a few specific names are highly valuable and those will be reigstered early on while the fees are higher. |
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PS: To everyone talking about encrypted wallets: It is possible to generate a receiving address on a computer that has NEVER been connected to the internet and never will be. That address can receive coins (though they will obviously not appear in the GUI on the offline computer). You can easily see the received coins by using Bitcoin Block Explorer, so it's no problem that you don't see them in the GUI on the offline computer. |
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Last year I offered a bounty of 100 BTC for someone to compile a version of Bitcoin that worked on a 32-bit Fedora system. Satoshi won the bounty, but refused to accept payment from me, saying that he had enough coins already.
Also, if you read through Satoshi's forum posts, it's obvious that he is motivated by the desire to see Bitcoin succeed rather than being motivated by greed or financial ambition.
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I have sent vinced the 100 BTC that I pledged. Thanks for making namecoin!
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One millibitcoin (a "Millie") is 0.001 BTC.
One microbitcoin (a "Mike") is 0.000001 BTC.
The base unit (0.00000001 BTC) is a "Satoshi".
These names are unofficial but have some actual usage. I feel it would be confusing to call a "Mic" a micro-bitcent rather than a micro-bitcoin.
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Breakers are counter-productive. If you don't want to trade in a volatile market, just don't trade. But don't try to stop willing traders from trading.
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If you buy $1000 worth of Bitcoins at 50 cents each and sell them later for 75 cents each, you make exactly the same profit as if you buy $1000 worth of Bitcoins at $5 each and sell them later for $7.50 each.
The logarithmic price scale makes both of these events (a rise from 50 to 75 cents, and a rise from $5 to $7.50) look similar.
Without a logarithmic scale, a rise from $25.50 to $25.75 would look as significant as a rise from 50c to 75c.
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Accept the volatility. Just buy a little every day so that you can average your purchase price. Then sit back and ride this thing wherever it takes you.
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It's not like FSA registration kept the banks honest.
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