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641  Bitcoin / Bitcoin Discussion / Re: Alert: chain fork caused by pre-0.8 clients dealing badly with large blocks on: March 12, 2013, 01:07:29 PM
regular users don't need to do nothing, only miners should downgrade or should not increase the target block size from the default.
Given the bdb bug, I would say miners need to upgrade to 0.8, but should not increase the blocksize (or make any changes, for that matter) until everyone has upgraded, and until more testing is done.
642  Bitcoin / Bitcoin Discussion / Re: In re Bitcoin Devs are idiots on: March 12, 2013, 06:08:31 AM
Another way to state the real problem: There is no Bitcoin Protocol Spec, most semantics buried in the hairball of the C++ reference implementation

That would be correct. It's a huge issue.
It is also a huge issue that those suggesting we need the protocol spec are brushed off with the "you don't get it" nonsense by elitist devs.
Bits and pieces, some expired, are scattered around Wiki. Is that the best we can do?
@MP: would you be willing to lead the effort of formulating the current protocol spec?
643  Economy / Speculation / Re: calm the fuck down everyone on: March 12, 2013, 05:51:00 AM
The important question is not what we here think, but how tomorrow's news will affect potential new users' views and decisions.
644  Bitcoin / Bitcoin Discussion / Re: The bug could be found!!! run them both in same test envrionment on: March 12, 2013, 05:44:11 AM
What about the bread out of my mouth? Time is money.

At most 4 hours mining wasted by the second bug impacting the blockchain in 4+ years is a problem for you? I fear there isn't many places where you can earn your bread without such risks...

Wait a second you just said that I am medieval for asking the foundation to not pay 1 payment of Gavin's and when I said this has lost me money, then it is a risk. Well aren't we just playing both sides of the fence. So Gavin didn't test bitcoin it is a risk... Please your argument is invalid bitcoin is a risk, but the software shouldn't be the risky part, especially when it comes from the lead developer, and has been "tested".
Bitcoin - and coders' work behind it - did not lose you money. It made you money, and that's why you are still involved. Also, Bitcoin is a p2p, decentralized technology. Build it and test it yourself, or as a part of a team, or be a responsible man and choose whom to trust to do the job for you. Pay them, or don't.  Audit their work, or don't. It's all up to you, so quit whining.
645  Bitcoin / Hardware / Re: BFL ASIC STATUS on: March 12, 2013, 05:25:42 AM
What's withvall these wirebonds? I thought they were going the flip chip bga way...?
646  Bitcoin / Mining / Re: Soft block size limit reached, action required by YOU on: March 12, 2013, 04:33:48 AM
In fact, 0.8 didn't introduce any new bug. Instead, it revealed a bug present in all prior versions of Bitcoin.

0.8 did not reveal the bug in all prior versions. Suggestion to increase the soft limit revealed the bug.
647  Bitcoin / Mining / Re: Soft block size limit reached, action required by YOU on: March 12, 2013, 03:29:25 AM
My paranoid concern is that lots of thought has gone into recommending an option that is incompatible with BDB. Mike, I understand this comment is most likely bullshit, but you should understand it is legitimate. Even if bullshit, it teaches us a valuable lesson, and that is to not trust people who rush is into tweaking the system without due dilligence. That is exactly what happened, regardless of Mike's intentions.
648  Bitcoin / Mining / Re: Soft block size limit reached, action required by YOU on: March 12, 2013, 02:19:57 AM
By default Bitcoin will not created blocks larger than 250kb even though it could do so without a hard fork. We have now reached this limit. Transactions are stacking up in the memory pool and not getting cleared fast enough.

What this means is, you need to take a decision and do one of these things:

  • Start your node with the -blockmaxsize flag set to something higher than 250kb, for example -blockmaxsize=1023000. This will mean you create larger blocks that confirm more transactions. You can also adjust the size of the area in your blocks that is reserved for free transactions with the -blockprioritysize flag.
  • Change your nodes code to de-prioritize or ignore transactions you don't care about, for example, Luke-Jr excludes SatoshiDice transactions which makes way for other users.
  • Do nothing.

If everyone does nothing, then people will start having to attach higher and higher fees to get into blocks until Bitcoin fees end up being uncompetitive with competing services like PayPal.

If you mine on a pool, ask your pool operator what their policy will be on this, and if you don't like it, switch to a different pool.
Ahem. How much thought and work has gone into offering the first option in this list?
649  Other / Beginners & Help / Re: Mt.Gox not pay real money on: March 11, 2013, 11:41:34 PM
It hapened to me that my dwolla withdrawal was stuck for a few weeks due to issues between dwolla/banks and mtgox. Before and after this, withdrawals were fast.
I know it must be frustrating waiting for your money, but there is not much you can do now. In future, make sure you study and test the system proportionally to the importance of these transfers. There are always risks of clerical and other errors, too. Always count on it, and have some safety margin built into your plans. I leave extra cushion in my bank account, so money can be late up to a month without much harm to me.

All this only proves further that Bitcoin transfers are superior to traditional banking.
650  Other / Off-topic / Re: would you return found money to the proven original owner who lost it? on: March 11, 2013, 06:08:57 PM
I will keep all of them. I'm much poorer than 90% of people here.

i dont see how your station in life is of any relevance to the question at hand. Right and wrong dont flip on their head simply because you are poor. Lets be clear im not saying you shouldnt keep the coins or anything, im just saying that there is no good reason why being poor or wealthy should effect the situation.
If I'm rich enough to get 90 coins effortlessly and they don't change much in my life, I will most likely send them back if the person asks me.

In my current situation the 90 coins will change everything. It will be turning point in life. Will never send them back.
After some thinking, I've decided that the most respectable answer to me is "it depends" - assuming you honestly and selflessly consider your own and the other party's position. This is more respectable then those of us who chose to have it "algorithmically" decided for us by some universal moral code. Deciding for yourself means you take responsibility and freedom to decide. Of course, the least respectable answer for me now is "it depends" by those who just say that as an excuse to keep the coins, no matter what.

It's too late to introduce "it depends" in this survey, but I'd change my "return the coins" vote into "it depends". Having said that, it's hard for me to think of any realistic examples where I'd decide to keep the coins. I mean, Monsanto or Madeleine Albright or The Vatican Bank or Trafigura are far from using and losing bitcoins, right? Wink  


651  Bitcoin / Press / Re: 2013-03-10 ZeroHedge: The Demographics of Bitcoin on: March 11, 2013, 01:07:41 PM
Only 4% of BTC users are female?  Crazy!

Does that really surprise you?

It brings up many questions, to say the least Grin
It opens many opportunities, to say the least. If you are at a university, contact local "women in science and engineering" groups (or "women in MBA" or women in whatever), and point out the results of the survey. Would they organise or sponsor a lecture or panel discussion involving someone from the Foundation and local professors of economics, computer sciences, etc.?
652  Bitcoin / Bitcoin Discussion / Re: [POLL]Are SatoshiDice transactions hurting or helping Bitcoin? on: March 10, 2013, 04:31:54 AM
This poll is really biased in that there are are no positive options.  SD is a huge positive force in bitcoin.
How is it biased? Options 2 (there is a problem, but it's with current Bitcoin design, not SD, and should be dealt with) and 3 (there is no problem, everything is fine the way it is)...  I see SD as a positive thing, even though I don't gamble, and I've dumped some shares at the peak. My vote was #2. Dust collection systems and incentives should be put in place, and we can just keep moving ahead happily.
653  Bitcoin / Hardware wallets / Re: [ANN] Trezor: Bitcoin hardware wallet on: March 10, 2013, 04:25:00 AM
What are comparative disadvantages of the male connector?

Disadvantages are mechanical -> device needs to be bigger and if you wear it on your keychain and/or in your pockets sooner or later you will break the connector.

That the people will plug it into their desktop, which actually sits under the desk or otherwise in a non-easily viewable place. Then they will blindly press the acknowledge buttons without really checking the display on the Trezor.

Exactly, nice to see there are people that understand the issue! Others saying that there's no need for cable and that USB A male connector is better, try this:

1) plug an USB stick into your computer
2) try reading USB stick's brand name written on the stick and at the same time look at your computer's monitor
3) imagine the text on the stick is not 4-6 letters but around 30 almost random letters

Thanks, this makes sense.
654  Other / Off-topic / Re: What we've learnt today. on: March 10, 2013, 04:19:08 AM
I learned Nigerian scammers always mention 'Nigeria' in their emails. Why?
Because it eliminates marks who have heard of these kinds of scams, improving the chances of totally clueless marks reading and biting.  Smart tactics, much like "beware of pickpockets" signs that make people subconsciously check if their wallets are there, thus providing important guidance to the operator.
655  Bitcoin / Hardware wallets / Re: [ANN] Trezor: Bitcoin hardware wallet on: March 09, 2013, 09:52:33 PM
+1 for having  a USB A male connector, usb extension cables are easy enough to get if needed, and I can't imagine it'd cost /more/ to use that type of connector vs a female B type.
The price of the connector was never an issue. USB A male connector has more disadvantages than advantages so I don't think we'll change it from USB micro B female.
Female connector requires a cable. Male connector enables direct connection to PC, and if space is too crowded a cable can be used. What are comparative disadvantages of the male connector?
656  Economy / Economics / Re: Let's see if increase in price of btc leads to less spending and more hoarding on: March 09, 2013, 07:11:17 PM
I don't think donations have a significant correlation with spending or saving behaviours.

The motivation behind donating is very different from the motivation behind spending.
I (and proponents of the "deflationary danger" theory) speak of the motivation to not spend, not to spend. The presumed disincentive to spend should also apply to donating.

No. That would still imply that the motivation of donating would only vary on the bipolar spectrum of having vs not having the money.

I believe that there is another factor when it comes to donating that has a much more prevalant influence - belief, activism, humaneness, politics, call it what you want, but it's not primarily economic in nature.

I see your point, but don't you think the two driving forces are balancing in each act?
657  Economy / Economics / Re: Bumping into scarcity: does this graphic explain it well? on: March 09, 2013, 06:54:09 PM
I think this cannot be complete.
In both selloff events (the 2011 one and the recent one) the driving force was a revolution in mining hardware.
THIS is what drives the price up but it is missing from the picture.
What revolution in hardware in 2011 are you talking about? GPU mining kicked off in summer 2010.

But it didn't gain tracking untill early 2011.


OPenCL 1.0 was released Oct 1 2010 and within 2 weeks someone decided to buy 500k bitcoins.
GPU mining started in July 2010:


As for your "someone bought 500k coins" -
The volume over these couple of days may have been 500k coins, worth approximately $35k. What is the point you are trying to make?  Just 2 weeks after Jupiter and Mars were in opposition two years ago, someone dumped $144k. Clearly, this is correlated.
658  Bitcoin / Bitcoin Discussion / Re: Newly Discovered Flaw, Could KILL Bitcoin! on: March 09, 2013, 05:25:51 PM
Yes, let us focus on Satoshi Dice and make them change their ways so that we can ignore this "flaw".
The flaw is miners neglecting their job to filter out spam. Do you have a solution to force miners to care about Bitcoin in the long-term?
I'm all for better solutions, but so far I've not heard any.
I don't see SD dust transactions as "spam" - a better example of spam would be your insertion of jesus messages into blockchain: https://bitcointalk.org/index.php?topic=38007.0
659  Economy / Economics / Re: Bumping into scarcity: does this graphic explain it well? on: March 09, 2013, 05:20:17 PM
I think this cannot be complete.
In both selloff events (the 2011 one and the recent one) the driving force was a revolution in mining hardware.
THIS is what drives the price up but it is missing from the picture.
What revolution in hardware in 2011 are you talking about? GPU mining kicked off in summer 2010.
660  Economy / Economics / Re: Let's see if increase in price of btc leads to less spending and more hoarding on: March 09, 2013, 05:13:43 PM
I don't think donations have a significant correlation with spending or saving behaviours.

The motivation behind donating is very different from the motivation behind spending.
I (and proponents of the "deflationary danger" theory) speak of the motivation to not spend, not to spend. The presumed disincentive to spend should also apply to donating.
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