I don't follow the logic of acquiring bitcoins at a 50% discount. The article appears to be written by someone who shouldn't be writing articles, no offense.
1. Buy candybar for $0.25, you normally sell this for $0.50 in your store. 2. Sell candybar for $0.50 worth of BTC. 3. You just acquired $0.50 worth of BTC for $0.25. Obviously, you would have to scale it up to be worth your time, but that's what he's trying to say. It is apparent he isn't a professional writer, but I found it to be easy to read. I am glad to see someone publishing such articles. What have you done for the bitcoin community lately Etlase2? |
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Bump.
I'd have thought with all the commune talk in Off topic/Society there would be more interest in people growing their own food. I guess it's all just talk. How can you guys expect to grow enough food to sustain yourselves if you haven't even raised a garden?
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when I need a new BC, I usually create a ram disk of 3 or so gigabyte, and let bitcoind download the blockchain there. This way I get the entire chain in something below an hour, and once it's there, I simply shutdown bitcoind, and move the blockchain out. seems the best way to do it, until the devs here figure that initial blockchain download is a serious reason hindering new people from getting into bitcoin.
+1 But, it needs to be handled by the client. We can't expect everyone to be able to set up a ramdisk. I still think there should be downloads that include the blockchain (up to the latest lock-in block) available alongside the client-only downloads. |
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Article: Bitcoin is an "opt in" community currency, here's how to get it at a discounthttp://wp.me/p1adwa-3WBitcoin is a currency used by a community of individuals and businesses. It is used to facilitate the trade of goods and services. It is private, irreversible and transfers are virtually instantaneous – whether they are across the room or across the globe. Bitcoin has all of the characteristics of a quality medium of exchange. It is accepted on a voluntary basis and there are over 45 million dollars worth already in circulation. Bitcoin is basically an “opt in” currency. You have to “opt in” if you wish to accept it. How do you opt in? Simply let it be known that you will accept it as payment. When you offer your goods and services in exchange for bitcoin you are essentially acquiring bitcoin at your “cost of goods”. For example: if the cost of your goods or services is half of your retail price, then you are essentially acquiring bitcoin at a 50% discount. Are you interested in more business? If you decide to accept bitcoin as another payment option for your products and services you will open up your business to a whole new market of potential customers. By listing your products and services in the bitcoin wiki you will get free advertising that is yours for the taking. To summarize, if you would like more business why not “opt in” and join us in the bitcoin community? +1 |
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It's simply that it's the least bad system that humanity can come up with.
A benefic dictator is the least bad system that humanity can come up with. Unfortunately, there have been less of these people in the entire history of Earth than I have fingers on my left hand, so democracy wins on practicality. Thankfully we don't have real democracy. That's just a recipe for disaster unless you have the democratically-elected equivalent of a benefic dictator. Without such a strong leader, pure democracy devolves into weasels promising anything and everything in order to gain power. |
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...i thought we finally be over the dirty nuclear energy, as culture..
I hope we're done building uranium reactors. Thorium otoh is much safer and only requires a tiny amount of uranium/plutonium as a neutron source. They are fail safe and you can cut the power and walk away without releasing any radiation. personally, I wouldn't be that much concerned about power plants. http://www.cdi.org/nuclear/database/nukestab.htmlI'm not so sure. Nuclear weapons have, by necessity of delivery, a relatively small amount of nuclear material. Nuclear power plants have, on the other hand, many many tons of the stuff. In lots of cases, several loads of spent fuel sit outside of any hardened containment on the roof of the plants. And these tend to be pretty close to industrial and populated areas since that is where the power is needed. One thing that Fukushima opened my eyes to and which I did not know was that the GE Mark-I reactors, at least, are certain to melt down and explode if somehow they are without power for a certain number of hours. So if a somewhat capable adversary can figure out how to sabotage a few diesel generators and can drop a few high-tension power lines, we can kiss bit parts of our Eastern US goodbye (or more likely, plan on high rates of poor health among the 99%ers who will remain in the area.) Thorium reactors sound nice, but there is full court press to extend the life of our GE Mark-I's out an extra 20 years. Another thing I learned thanks to Fukushima is that if a nuclear expert says that something is 'impossible', what that actually means that said thing is either inevitable or has already happened. So, it will take some convincing to get me to believe in the miracle of thorium reactor safety. Below the reaction vessel is a cooling system that freezes a plug in place. If the power fails, the molten thorium will melt the plug and drain into containment vessels, where it will cool since it is now away from your neutron source. All that remains is the neutron source, which is a very small amount of uranium. Far from enough to cause a melt down. I won't say it's perfect, or completely safe, but the fact that it has been proven to be safer than popular designs makes it hard to accept the fact that those same old designs are still being pushed while Thorium is being thrown under the bus. Oh well, maybe when India gets a third of its power from Thorium by 2050 as they are projecting we might sit up and take notice. Hopefully we don't have a catastrophe before then. |
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today's email has been sent  -March 18 update (includes charts: 104, 105) If you did not receive your update, then you have probably not paid for this next month as I pointed out in the 'monthly subscription reminder' email. I didn't get it. I paid, as evidenced here: http://blockchain.info/address/14q5m64uf5g8YAa3SfBTRb4Dtiwk9vUYnryour email is in the BCC...you should have gotten it Just got it... gmail is slow to check my backend account sometimes. Sorry for the hassle. |
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today's email has been sent -March 18 update (includes charts: 104, 105) If you did not receive your update, then you have probably not paid for this next month as I pointed out in the 'monthly subscription reminder' email. I didn't get it. I paid, as evidenced here: http://blockchain.info/address/14q5m64uf5g8YAa3SfBTRb4Dtiwk9vUYnr |
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...i thought we finally be over the dirty nuclear energy, as culture..
I hope we're done building uranium reactors. Thorium otoh is much safer and only requires a tiny amount of uranium/plutonium as a neutron source. They are fail safe and you can cut the power and walk away without releasing any radiation. personally, I wouldn't be that much concerned about power plants. http://www.cdi.org/nuclear/database/nukestab.htmlHey, at least we quit flying them around all the time. Now most just sit underground. |
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...i thought we finally be over the dirty nuclear energy, as culture..
I hope we're done building uranium reactors. Thorium otoh is much safer and only requires a tiny amount of uranium/plutonium as a neutron source. They are fail safe and you can cut the power and walk away without releasing any radiation. |
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The interesting thing about this is that it will happen everywhere around the globe at exactly the same time... Many people will get cock blocked by their time zone/routine.
If nothing else, I'll be in #bitcoin celebrating.
My current estimate (which doesn't take account for rising difficulty at all) tells me a time of 2012-12-09 11:16:15 GMT+1. So that's a late morning party for us Europeans at least. (here's the Python code for anyone interested) #!/usr/bin/python
import subprocess, time, datetime, urllib2, sys
get_blockcount_command = "bitcoind getblockcount"
COIN = 100000000
def floatstrip(x):
if x == int(x):
return str(int(x))
else:
return str(x)
def get_block_count():
#first try with bitcoind
try:
return int(subprocess.Popen(get_blockcount_command.split(), stderr=subprocess.STDOUT, stdout=subprocess.PIPE).communicate()[0].rstrip('\n'))
except ValueError:
#if that didn't work, then with bitcoinexplorer.com
try:
req = urllib2.Request("http://blockexplorer.com/q/getblockcount")
url = urllib2.urlopen(req)
return int(url.read())
except urllib2.HTTPError, e:
print "Error getting block count from blockexplorer.com: " + str(e.code)
print "couldn't get current block count :("
sys.exit()
block_count = get_block_count()
print "Block count is:", block_count, "(only %d blocks to go!)" % (210000-(block_count % 210000))
subsidy = 50 * COIN
print "First %s BTC block will probably be mined at:" % (floatstrip((subsidy >> ((block_count / 210000)+1))/COIN)), datetime.datetime.fromtimestamp(time.time()+((210000-(block_count % 210000))*60*10)).strftime('%Y-%m-%d %H:%M:%S') Meh... way too much variance to even pin it down to a day at this point. |
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One large purchase can't truly reflect the supply and demand. I think we'll see the price steadily fall from here, followed by a sharp downturn once people realize how oversold we are. In fact, I think we'll be testing a $4 floor again soon.
Thoughts?
That purchaser used up the supply of people willing to sell their bitcoins below $5 each. +1 |
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So, this recent spike in the price of bitcoins was largely caused by one very large purchase. There was a slight rise in price after that, although that was likely due to people covering shorts and overreacting to the artificial spike. Right now, we're seeing very little market activity as people are likely sitting on their coins waiting for another spike.
At first glance I thought that we'd see another rise, less sharp than the first one, but still relatively steep. Looking at it again though, I think that this inflated price we have now is extremely artificial. One large purchase can't truly reflect the supply and demand. I think we'll see the price steadily fall from here, followed by a sharp downturn once people realize how oversold we are. In fact, I think we'll be testing a $4 floor again soon.
Thoughts?
Good luck with that. Also, how does being oversold lead to a sharp downturn? |
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I think you have me mistaken as a Gen M or something, which I'm not. I'm upset at the attitude to destroy an individual when the people doing the destruction have also stolen things from their work places. Perhaps not physical things, but still company resources.
Pot. Kettle. Black.
You missed the part where he actually did steal physical things. What I missed is the part where there was tangible proof he stole anything. I'm not saying he didn't do it, nor am I saying he did. People lie all.the.fucking.time. So, the members of this forum have potentially messed this guy's life up on hearsay. Sounds legit [/s] He bragged about it. If he thinks stealing shit makes him cool, he deserves what he got, even if he didn't really do it. |
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rjk is onto something.. Include both progress bars, with a option to switch. Default can be absolute for noobs downloading block chain from scratch.
Or integrate the two... The global as it is, with a thinner one showing progress since startup laid over the bottom of the existing one in a color that is easy for our color-impaired friends to differentiate. |
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Not 40270 that has changed see the latest table
So where is the table, and who has the ticket numbers? Check the lastest ver of the Google doc Looks like row 36. |
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Why is this even discussed?
Because the last 3 blocks are taking forever. |
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My hash appears in the referrer column 3 times, but the row with it in the purchaser column has 0 in the referrals column, and I only have 1 ticket credit.
Row is 152, hash is 3c7c2cc979c12fc5074efe3a15f852b40f837437d12653b1ffc71f35dd7697f3
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Whenever I invite people into discussing a topic without throwing out some really provocative viewpoints to begin with, the thread ends up being a meta discussion about discussing the topic instead of discussing the topic.
Frustrating as hell.
Here are some provocative viewpoints that are nearly on topic: 0.999999999.......... < 1 If the digits on the LHS go on forever, is the above statement true or false? Speaking of provocative, is Godel's Theorem provocative? I only wish I understood it enough to say yes or no. Which of his theorems? One of the two incompleteness theorems, or one of his other works? Godel's incompleteness theorem(s) is/are known as Godel's Theorem. Well, I find the first more provocative than the second, which is why I ask. Also, Godel had other theorems in the areas of computability and recursive functions. But, most provocative of all was his work proving the undisprovability of the axiom of choice, which opened up thousands of new proofs never before possible. |
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America brought down the towers to hide that they stole all of the gold from the basement. They had to pay back China for the gold they were shorted in another unpublicized theft. So now the gold market, under an artificial inflation, will remain until they sell all of their stolen gold without crashing this high price.
So, let me get this straight: the US destroyed tens of billion of dollars worth of real estate to scavenge less than half a billion dollars in gold.  Yeah, that sounds reasonable  It totally is!! Much less killing a couple thousand of the best and brightest and throwing the country into a economic tailspin that cost Trillions.. all for a few hundred million of gold bars.. Maybe they bought insurance. And shorted the stock market. And leveraged up on oil. And ... There was certainly an overall loss, but individual profits could certainly outweigh individual losses if you knew when and where it was going to happen. You then plow all your profits into gold, and slow it off slowly at the new, elevated prices. I love a good conspiracy theory as much as the next guy but something as evil as the US government killing its own people for profit is just not probable. You have to realize that most conspiracy theories that are all encompassing and massive in scale are false. Now, smaller and more time consuming conspiracies like the ones that center around the Rothschild family or how some members the world's central banks are trying to create a one world government...yeah, I can buy those  No argument there. I agree that it's probably just BS, but I wanted to point out the flaw in that particular argument against it. |
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