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6321  Other / Off-topic / Re: Black market travel agents.... on: September 27, 2010, 03:33:48 AM
I'd be interested in this, as a customer.

Need a good backup espace plan, do you? Wink

Maybe, or maybe I'm just tired of taking all my laptops out of their cases when my family travels.
6322  Other / Off-topic / Re: All greetings! on: September 27, 2010, 01:12:10 AM
All greetings! I the first day at a forum. How are you?

Welcome. Glad you found us.
6323  Other / Off-topic / Re: OneSwarm - privacy preserving p2p on: September 27, 2010, 12:59:54 AM
Nice.
6324  Economy / Marketplace / Re: BiddingPond.com discussion on: September 27, 2010, 12:47:17 AM
I saw both an Ipad and a dell notebook for sale.  I would have bid on them but I don't have enough capital to do so at the moment.  I hope they both go for a fair price.

I've been thinking about that ipad. I guess I would want to escrow though, the seller has no history and no name I recognize.
6325  Economy / Marketplace / Re: BitcoinSportsBook.com on: September 27, 2010, 12:44:56 AM
I think I understand. You are potentially giving expected value to the other side by moving the line away from 'correct'. Only potentially because people could fix the line by betting the appropriate amount. Do I get it?
6326  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a file-sharing currency? on: September 26, 2010, 08:04:11 PM
Non-generating nodes don't know the current block size you mean? Even generating nodes don't know what the current block size will end up being, so I don't think that's much of an issue. Non-generators do know the size of recent blocks, so they can guess about as well as generators.
6327  Economy / Marketplace / Re: BitcoinSportsBook.com on: September 26, 2010, 07:58:15 PM
True to my word, I put up 100 coins on the "New York Jets to win" tonight. While there is no pure arbitrage profit here, wagering the dolphins over the jets in a 6:5 ratio will result in a good bet, as the Dolphins should win about 6 out of 11 matchups.  So, putting 6 coins on the dolphins and 5 on jets (or 3 on dolphins, 2.5 on jets, etc etc)

I will not make any more wagers on this particular entry.

Couple more accounts have popped up. Thank you!

It make the Jets a worse bet though, correct?
6328  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a file-sharing currency? on: September 26, 2010, 10:38:12 AM
Exchanges like MtGox can handle many transactions "off the books" of bitcoin and settle officially later. It might make sense to do that here too.

So you send coins to someone first, do some downloading, speeding up certain files by offering payments, and the site moves the credit out of your account and into the uploaders, but doesn't send it to them until they click "Pay Me" or whatever.
6329  Other / Off-topic / Re: Black market travel agents.... on: September 26, 2010, 09:38:48 AM
I'd be interested in this, as a customer.
6330  Bitcoin / Bitcoin Discussion / Re: Incubating Funds on: September 26, 2010, 09:06:48 AM

You have a piece of original content.
You can sell shares in this content to people who subscribe to it or for live streaming the shares would be analogous to "seats".
Those people are eligible to also sell shares in your content.
The shares value would rise and fall as the content became viral or not.
The originator of the content would get a percentage of every trade and so would the site to cover hosting and profits to help keep it ad free.

 

I had a similar idea that would work with bitcoin modified torrent. Say I'm a comic writter, every week I put out a new edition and put it up for download, but set it only to go out to people who send a 1000BTC payment. Once they get the content it is completely theirs and they can try to resell it for whatever they want 900, 100, 2, .01 whatever. I'd guess that prices would fall pretty quickly, but really popular stuff could probably command a very high starting price with people expecting to be able to sell many copies at a moderate price.
6331  Bitcoin / Bitcoin Discussion / Re: Thug Insurance.... on: September 26, 2010, 06:57:11 AM
Do you mean that it is about protecting illegal behavior, but not bad behavior? I suppose a precise definition of bad would need to be developed.
6332  Bitcoin / Bitcoin Discussion / Re: Bitpredict Update Thread on: September 26, 2010, 12:19:41 AM
It would be a little eerie to see "FreeMoney dead on or before Jan 1, 2011", but I'd consider it a great source of info and opportunity to profit. ;-)
6333  Bitcoin / Bitcoin Discussion / Re: Bitpredict Update Thread on: September 25, 2010, 07:47:57 PM
Not wanting to step on anyone's toes here, but I like the unethical possibility. Not that I want to start any unethical event prediction, but I do want to be able to do so, if I choose to Smiley

Well I hope we can at least agree that an assassination market would be wrong and to be avoided...

I think celebrity death pools are fairly common and not universally agreed to be wrong.

Also people bet on their own death all the time and it is considered good by most.
6334  Economy / Trading Discussion / Re: How have you earned your Bitcoins? on: September 25, 2010, 09:48:41 AM
It seems that generation of bitcoins has increased significantly again despite the difficulty being stable at 917.

What is the reason for this?
Are there some experts making loads of bitcoins = "money" with supercomuting power?


Some people are using code written for GPUs now which are faster and more power efficient. There are a few threads about it.
6335  Economy / Economics / Re: Stable Exchange Rate? on: September 25, 2010, 09:43:38 AM
Life has unknown opportunity costs. The exchange rate is a piece of knowledge that can help us learn a bit about what those opportunity costs are. A sudden change in rates simply means that a lot of people just revalued at least one of the things being compared.
6336  Bitcoin / Bitcoin Discussion / Re: Freenode / #Bitcoin-Dev Chat Logs on: September 25, 2010, 07:27:21 AM
It's silly to be against logging imo. Even if I didn't want it recorded, since I can't stop it, we might as well have a complete accurate record. Mark me as pro logging.
6337  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a file-sharing currency? on: September 24, 2010, 09:02:41 PM
If they see that bitcoin is supporting "piracy", they might be more keen to try to shut down bitcoin.

Well, it's only a matter of time before some crypto-currency is used for the "shady areas" of the internet.  IMO we may as well seize the moment and have that currency be bitcoin, since we already have the exchanges in place Wink.

The only question is: who will develop the infrastructure? It seem like a lot more work than creating a simple web-service.

Anyone who wants to take 1% of millions of small transactions.
6338  Economy / Economics / Re: Doomsday Economics FAQ on: September 24, 2010, 07:26:13 PM
Did the Zim banker(s) print ZimBucks to buy real assets and move them out of the country?

I think it has more to do with obligations. If you can get away with simply meeting nominal obligations it might be okay, but if people will 'insist' that you give them roughly the amount of stuff the nominal promises implied or if the obligations were indexed to inflation in some way,it could get out of control.
6339  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a file-sharing currency? on: September 24, 2010, 07:00:10 PM
If you expect it to become a "zero sum game" for most users anyway,
what is it good for?
Why should users want to use bitshare, instead of bittorrent, if there's actually no difference?

Most people spend about what they make each year. It is still worth using a system of paying and getting paid in order to allocate resources effectively.

I'm impressed by how well BT works honestly, but I could imagine a faster system with even more diverse content and less wasted time/bandwidth on crappy downloads. I think giving the right incentives to host content that people want and to only download things that you actually want OR think others will pay you to host.
6340  Economy / Economics / Re: Doomsday Economics FAQ on: September 24, 2010, 06:54:09 PM
Hyper-inflation does happen sometimes. What causes it?
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