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641  Bitcoin / Bitcoin Discussion / Re: How secure is Bitcoin-qt wallet? on: October 16, 2012, 11:40:19 PM
Morons will need to pay someone else to handle their security just like they do now. And those of us who are competent enough to handle our own shit can save the fees by handling our own shit. Its that simple. The average Jackoff doesnt need to care about mining, just like he doesnt need to know how central banks create interest bearing garbage out of thin air and call it money, all he knows is that the grocery store wants a certain kind of money and his online drug dealer wants something else. He'll take whatever steps he needs to get the money of the kind his supplier of whatever goods wants and thats the end of it.

Exactly.

I removed virus for my living - the vast majority of end uses don't understand the basic operation of a computer, much less the concepts of networking, security. Most of them don't even understand how a program runs or have the ability to discern between real software and malware.

I have one customer who calls in about once a week to have the "FBI - moneypak" virus removed. He just won't stop going to some shady porn sites and "finally clicks yes" on a prompt asking him to install something because it won't let him off the site if he doesn't, I can't convince this customer to avoid the site or to simply rightclick close the browser stack when he gets that msg. But hey as long as he wants to keep paying me $100 a pop for 20 mins of work... whatever.
642  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin is illegal on: October 16, 2012, 11:32:19 PM
...the simple fact that it removes all risk on my part as a vendor. Once the payment is confirmed I have that coin.

I don't think that's entirely true.  If you're a vendor on SR or BMR aren't there escrow mechanisms to prevent a "take the money and run"?

I was speaking about direct sales... aka for legitimate and legal good (most likely done through automated checkout on company website).

643  Economy / Services / Re: I will answer chemistry questions on: October 16, 2012, 11:10:24 PM
OK, I still don't see why you would want to do the reverse-water-gas shift reaction when there are plenty of easier ways to go about getting CO.
I'm trying to revolutionize the world, of course (like any self-respecting scientist). And this is the part I'd like to keep secret for a while longer, though I'd say google could probably tell you why if you search around the topic a bit. And my masterplan requires me to generate CO from H2 and CO2; reduction of O2, CO2 or H2O with C is not an option.

what possible use would you have for making carbon monoxide?

644  Other / Politics & Society / Re: Obama or Romney ? on: October 16, 2012, 10:58:38 PM
It was odd. I watched the entire debate and I didn't think that Romney "won". To me, he came across as a bully and he kept insisting on things that simply couldn't be true.

I think Obama was definitely trying to play it safe and be conservative and not risk any major blunder that Romney could capitalize on. As a result, he didn't really appear as strong as he could have. Maybe that's what everyone else was picking up on.

Or maybe their expectations for Romney were just insanely low.

Granted Obama seemed a bit shy... probably because his advisors are telling him that if he makes any huge mistakes he runs the risk of catapulting Romney into total victory. But when it comes right down to it, Romney actually knew things and Obama didn't.

The fact that you identify easily verifiable facts as 'things that simply couldn't be true' should give you some insight into the fact that you've been marketed into liking Obama. Please think about it.
645  Economy / Scam Accusations / Re: Nefario on: October 16, 2012, 02:45:23 AM
My current policy is to release IPs only in these cases:
- Police send me convincing evidence that someone is guilty. I then release IPs to the police only. (This has happened.)
- A court with jurisdiction over the forum sends me a subpoena that isn't obviously unjust. (This has not happened.)
- A scammer is absolutely proven to be guilty and stops reasonably negotiating with his victims.
- Someone is repeatedly evading bans.

The accused person in the GLBSE case wasn't absolutely proven to be guilty, and wasn't even given a chance to respond to the allegations. Nefario never went to the police as far as I know.

I'm not sure whether I should release IPs at all, really. I'd like to see a discussion about the morality of this. Releasing IPs enables people to act violently toward the accused person, either in person or through police. Is it really right to commit violence against someone just because he did something non-violently over the Internet? I'm not sure. Services should ideally be set up so that scamming is impossible and as a result no one is ever tempted toward violence.

I would encourage you to keep that sort of information to yourself... unless you've been served a lawful request for it by authorities. No point opening yourself to the liability if somebody goes and shoots someone.

646  Other / CPU/GPU Bitcoin mining hardware / Re: What's in store for us amatuers on: October 16, 2012, 02:41:04 AM
fpga's should still be profitable if you have low power costs... you could always invest in a small but scalable solar system as well as mining equipment.

free power gets you free btc even if the return is small.

647  Bitcoin / Hardware / Re: ASIC mining -- is my math right? on: October 16, 2012, 02:37:40 AM
Of all the companies expected to deliver by year end it's BFL with both the first expected delivery date and by far the largest quantity of units to deliver(minimum 3x). It's also BFL that is least likely to meet their time table given their past record. Maybe that means someone else ships right around the same time as BFL, and maybe that means a smaller manufacturer gives their customers a huge advantage by beating BFL's delayed delivery. Such customers would quickly meet ROI with a relatively small number of ASICs out in the wild.

It's also BFL that has (by far) the most finished product and best packaging... as well as the best specs. (only bASIC has better mh/s/$ numbers and it's very slight - and overshadowed by the fact that you don't get power supplies or an enclosure included in the price).

bASIC might still be able to pull ahead... but the only thing I can think of that would do it, is much lower power consumption, and we won't have hard numbers on that until both products are loose in the wild.


648  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin is illegal on: October 16, 2012, 02:26:02 AM
I think the 'increase in price' is a problem. Personally, if I were to start taking payment with an existing business I'd be offering discounts for btc for the simple fact that it removes all risk on my part as a vendor. Once the payment is confirmed I have that coin. I'd also most likely be converting it instantly into fiat except for some small percentage (equal to the fixed costs I'm already paying for to operate my business on a day to day basis). In this way I would build up my name brand while still making more money. Bitcoin reduces overhead in most payment situations, and I'd want to pass some of that saving onto my customers.

If you're attempting to increase your prices because you don't trust bitcoin (or just out of greed) then I'm not at all surprised that you aren't selling.
649  Other / Politics & Society / Re: Fair Tax and black markets on: October 16, 2012, 02:12:00 AM
Land Value Tax is interesting but it definitely has issues of its own. The whole land ownership thing has a lot of depth and subtleties that many people don't even consider because they're used to the perspective they're in (consider nomadic people for example.) I think there may never actually be a good answer.

My primary issue with switching to a land tax is that the valuation has to be set somehow... and some entity has control over how it's set, when and at what value. Unless is was based on the purchase price of the land when you bought it (which has it's own issues, fraud selling something for a dollar, etc) there's no way it wouldn't get out of control by constantly growing.

Property tax already does this... increasing by a percentage per year.

I'd much rather see a staged sales tax for a flat percentage at each stage.
650  Other / Politics & Society / Re: Obama or Romney ? on: October 15, 2012, 09:48:34 PM
Agreed that open borders is insane.  I believe it is an eventual inevitability that the world will no longer have countries, but it is something that must be "eased" into.  If you let a bunch of 3rd-world people into America all at the same time, it would very quickly turn it into a close-to-3rd-world country.  No one wants that.

Also agree on the sales tax.  Because the poor population is forced to spend a higher percentage of their income in order to survive, whereas the rich can save, the poor would pay a higher effective tax rate than the rich.  That said, deductions are ridiculous all across the board.  No one should be able to deduct anything.  Everyone should pay the same income tax %, regardless of how much they make and how many children they have.  And no one should receive tax credits or welfare of any kind.  That's what families and charities are for.  JMO.

On the other points:
- Student loans do increase tuition by artificially increasing demand. Banning them would certainly reduce tuition rates as attendance falls. Whether that is good or bad is debatable.
- No tariffs WOULD be good for the economy, at the expense of some lost jobs where other countries can produce items more efficiently than the US.  Whether that is good or bad for the people overall is debatable.  Fewer people with jobs, but goods are cheaper, so fewer people need jobs?
- Legalizing aliens is just stupid.  Yes, let's reward people who break the law - that'll solve our border problems real quick!
- Privatized prisons would be interesting... certainly, they could do it more efficiently than the government if nothing else!  Of course, in my opinion, prisoners don't deserve anything more than a 5x5 cell with a drain in the middle and a bowl of mush twice a day.  My prison would be incredibly cheap to operate.  It's probably a good thing I don't operate one, because it just rubs me the wrong way when prisoners have big screen TV's and Playstation 3's and good hot meals to eat, when many people who actually work for a living can't claim the same.

Border Opening has to go hand in hand with elimination of exploitable systems (welfare, mandated healthcare, etc) if there's no way for the illegal to consume public funds - then them being here doesn't matter. And while I think that it's silly to demand open borders (because you'd never get the right services cut or loopholes closed), I really think the best answer to this is enforcement. If a standard check at every government office or police interaction included having to prove citizenship and the penalty was 5 years of hard labor building the new border wall (50 foot high, 4 lanes wide... physical wall) you'd be had pressed to find an illegal anywhere.

On higher education: the system is broken - we need to stop funding it and let the institutions sink or swim on their own, right now a college degree is just a path to perpetual debt for most of the kids attending.

Prisoners: Bring back the chain gang. I don't care if they're digging holes & moving dirt across the field to fill in the hole they dug yesterday... but work them and work them hard. It's supposed to be punishment, no more cable tv - air conditioning or any sort of luxuries. 3 meals a day, a Cot in a 4x7 cell, pillow/blanket and toilet paper should be it. As for the quality of food - I'd probably use that as an incentive program - you're basic (for someone in solitary) is oatmeal, some sort of meat on bread and soup. Update the food based on job performance. At that point the most profitable prisons would be the ones doing the most useful work.
651  Bitcoin / Mining support / Re: Which Payment Method Is BEST? on: October 15, 2012, 09:22:22 PM
I'd say got with any pps merged mining. At least then you have alt coin to play around with (mmpool.bitparking) is decent
652  Bitcoin / Mining support / Re: Well that blows on: October 15, 2012, 09:18:18 PM
Thank you for the reply shadow.  I was under the impression that they were 'fair' as they claim and all your work gets treated evenly, everyone gets their 'fair share'.  Obviously not.

With that, why is hopping bad?  If I do  one percent of the crunching work, and I get 1 percent of the profits, why is that a bad thing?  If I stay longer, and technically do, say 15 percent of the crunching work, and get 15 percent of the share, that's 'good' or the way it is 'supposed' to be right?

Are there pools out there where it's just the 'participation' that matters, not how much you participated, in which this actually IS a problem?   If so, very odd.

Aaron
Hopping is bad because it screws over the people who stay on a single pool.
If you don't like the reward calculation, switch to a pool that uses a different one. I use BTCGuild, and every share is paid out exactly the same amount.

Anti-Hopping is bad because its inherently dishonest. It's obfuscating the payout method to the point where the average user can't figure it out. In addition there's no good reason for it. If a pool can afford to pay X per share, from the pools perspective it shouldn't care if that's 10000 users with 1mh/s or if it's 10 users with 1gh/s - it's still paying out the same. It basically amounts to the pool operator being able to punish people who can't mine 24/7 or who have spotty internet service. Trying to prevent this is just silly.
653  Bitcoin / Mining support / Re: Guiminer .5 BTC Bounty for solution! :) on: October 15, 2012, 09:09:52 PM
You'd be better off in the long run using cgm, or anything that you can start from the command line.

I'd look at diablo miner if you don't like the cg interface - and bfg if you do.

654  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin is illegal on: October 15, 2012, 08:20:24 PM
To me it's an expensive hassle to obtain BTC and through most paths I have to deal with entities who I don't trust (potentially including the likes of Dwolla, the various Bitcoin exchanges, my banks, and my government who is almost certainly logging all of my financial activity.)  To top it off, I am concerned that it will become even more difficult to obtain BTC going forward so the supply I hold currently exceeds the 'face value' in my mind.  That is why I have little or no interest in spending BTC when there are options.

Am I a bad person for failing to support the nascent economy?  Probably.  OTOH, I've not yet been ripped off either.  I consider the USD<->BTC hassles which currently exist to be something of a blessing insofar as it gives the solution an excuse to fail at the exchange level.  Perhaps the solution would not be so rife with bad apples absent the roadblocks to use which are currently in place.  I actually don't really believe that in a major way because the roadblocks are not that significant and the failures have been mostly associated with user error (aka, ignorance, greed, false mapping, etc) in my opinion.  But it makes a good story at least.

I think as you see even easier ways for everyone to buy btc - there will be an increase in fraud and scams until the percentages are close to normal. Right now we've got very little fraud because the market is small.



655  Other / Politics & Society / Re: Obama or Romney ? on: October 15, 2012, 02:48:55 AM

The level of Illegals we have are good for the economy (we may not have enough right now) and contrary to media reports commit fewer crimes then average.
 

I live on a border state and yes they do commit the majority of crimes.

Every illegal is by definition a criminal - 100% of the illegal population is here illegally.  Grin
656  Other / Politics & Society / Re: Obama or Romney ? on: October 14, 2012, 01:44:30 PM
From the outside Obama seems to have been a rather kick ass president.
People are always gonna be pissed of with whoever's in power.
We all expect our leaders to look after us specifically, who cares about the rest of the population.
Besides being blamed for the wall street crash what else stands against everyone revoting for him?

It may be opposition propaganda, but it does seem like Romney will say anything to get elected.
And he seems to think he's smarter than the entire country:
You want to see my tax returns? You'll have to elect me first.

From the inside Obama has been ineffective, that's according to both sides. He's been largely unable to cram legislation through since his healthcare bill was legislated away (and it should be noted that he's had a democratic majority - his own party - and still couldn't get anything passed).

The USA is gearing up for a cultural war (my person opinion) It's going to center around tax policy, government spending and the 'failed wars mentallity' (war on drug / poverty / education / the rich / etc)

It's a testament to how bad Obama actually is that Romeny, who is really a very weak candidate in general is neck-in-neck with him. I think most Americans are starting to figure out that we probably won't get sanity out of any president.
657  Bitcoin / Hardware / Re: ASIC mining -- is my math right? on: October 13, 2012, 02:33:44 AM
as I stated I love the optimism I would hope to get roi at 5-6 months (again not a exact number) with a sc single at 40x

at 40x with a single - you're look at 7.2 - 8.6 months - ish.  =P
658  Bitcoin / Bitcoin Discussion / Re: How bitcoin could turn into a 'Big Brother' nightmare on: October 12, 2012, 04:27:41 PM
didn't read any replies yet but in response to the OP, bitcoin transactions are just as difficult to determine if it's legal or illegally gained money as cash.  One has serial numbers, one has sort of a tracking history I guess.  So really, they'd be more inclined to block it just because they don't like bitcoin than because of money laundering issues.  Although, the accounting/auditing side of money laundering is a big problem in bitcoin since most people don't report anything in it, lol.

Except for there isn't a publicly available list of every transaction automatically compiled and kept current for cash.

Cash probably is tracked when it goes through banks and government agencies. . . but you carrying it around in your pocket is sort of like browsing through tor... you can pay in cash and whoever you paid can then pay in cash, etc... with the only tracking done when someone runs it through a bank.

I think as bitcoin as a community needs to stop looking at btc as a longterm 'store of value' because it shouldn't be - what it should be is fast/cheap way to transfer value from fiat to fiat or from fiat to 'other store of value'. Ideally, we have an interest in keeping btc itself constantly moving around and racking up micro-transaction fees.

If you're 'saving' or 'hoarding' btc - you aren't participating in the bitcoin economy --- you're simply speculating.
659  Bitcoin / Hardware / Re: Building ASICs on: October 12, 2012, 05:35:50 AM
Intel hasn't done it inhouse for years, they contract through tektronics - same a motorola and pretty much everyone else.

ATI used to grow their own - AMD used mitsubishi to grow silicon... not sure if AMD taking over ATI was to get the manufacturing in house again or what.

660  Bitcoin / Hardware / Re: High Efficiency FPGA & ASIC Bitcoin Mining Devices https://BTCFPGA.com on: October 12, 2012, 05:31:01 AM
(600x54) + (50x27) = 32400GH/s

Add that to the hashes BFL's ASIC units will be adding to the network when they ship and you gotz a whole buncha crunchin'.

R.I.P. GPU mining.

The BFL Pre-order thread has confirmed ~48TH/s. This is another 32Th/s, and 300 Avalons is another 18TH/s. That's a minimum of 100TH/s by the time they all ship. Prolly closer to 150TH/s. That's still not even a 10x difficulty increase. I suspect it will be quite a long time before we get to 45million difficulty numbers.

Part of this is recorded numbers, part of this is speculation, so should be taken with a grain of salt.

Inaba posted confirming ~85th in all pre-orders so far (about a week iirc).

So we're look at... at least 5x just on BFL hardware alone. if we see another 100th/s from other manufacturers... we're 10x.
According to my maths, fpga will still make profit between 10x and 15x. but gpu's are stone cold dead at about 10x.

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