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6641  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 30, 2014, 04:45:49 AM
The blockchain may only ever be applicable to Bitcoin as money - cypherdoc  

note how i might have to start slapping my name on all my memes because of dudes like Zhoutonged.
6642  Economy / Speculation / Re: How many of you have been Zhoutonged? on: June 30, 2014, 04:28:28 AM
i see this little weasel is now claiming he created the name Zhoutonged:

http://m.youtube.com/watch?v=HLzX97MQEBQ
 
what an unscrupulous liar. 
6643  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 30, 2014, 03:02:32 AM
Looks to me like altcoins decoupling inversely to Bitcoin:

6644  Economy / Speculation / Re: Argentina heading for a repeat of 2001 collapse on: June 30, 2014, 12:35:55 AM
Will this push BTC up? If then I am all for it Grin

Prices have become boring, need some volatility.

i thought that was supposed to mean we've won?
6645  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 29, 2014, 10:47:53 PM
Professor Bitcorn is about to go down in history.

This article contains some fresh quotes from the good professor.

https://news.vice.com/article/silk-road-bitcoin-auction-opened-by-us-marshals-service

what's so mystifying is that someone, with his supposed expertise in markets, can make such ludicrous statements about the Bitcoin price and the market place surrounding it. 

his logic is even worse than some of the trolls that populate this forum.  i'd even go as far as to say they are childish in that it's clear he has an agenda and is most offended by the price NOT doing what he wants it to.  i wonder if he's ever traded a stock or bond in his life. 

what's also hypocritical is that he supposedly owns some bitcoin.

sometimes it's worse not to know what you don't know. 
6646  Other / Beginners & Help / Re: blochain is shitty on: June 29, 2014, 02:38:17 PM
Quote from: bg002h link=topic=669262.msg7569118#msg7569118 date=140 39 83968
pls make the blochain faster im fedup of waiting 100 confirmations i fought bittcon woz supposed to be instant im waiting half a day to convert them to doggiecoin
Your spelling, gramar, typing, capitalization, and attitude are all shitty.

Defecation and language/expression issues aside, he's just confused. Coin maturation a subtle topic that few ever encounter...most miners have a level of insulation from what is actually going on provided by the pool.

I wouldn't blame anyone for not knowing what he is complaining about. But don't be fooled into thinking that doggie coin doesn't have a maturation process. It's another easily adjusted variable just like all the variables that define the altcoins (derived from Bitcoin that is...).
BTW thanks for being the only one to actually answer his question.  I was about to answer when I saw yours.
Remember the good old days when no one expected/demanded Bitcoin to make them rich, folks were willing to do work to make things easier on the next guy, and people didn't whine that others aren't doing more free work for them? The culture sure has changed.

We were all newbies once. Compare my newbie post and response to what our OP has experienced: https://bitcointalk.org/index.php?topic=335.0

Tipping felt more common back then...and I know why!

You're right. Now I feel bad. We should help new people even if they seem like trolls. I used to do that but that's a lot of Matthew N Wrights ago. I'm glad you told him the truth about coin maturation time.

BTW: I deleted all my posts as CornedBeefHash and had Theymos delete the account so I wouldn't have to be reminded how ignorant I was. You're a brave man.   Smiley


CornedBeefHash, eh? i remember you. that's going back a way.

btw, as a pool miner who never spends his coins, i don't think i have to wait 100 blocks to spend my coins. is that because the pool doesn't pay them  out until 100 confirmations go by?
6647  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 29, 2014, 02:23:28 PM
Professor Bitcorn is about to go down in history.
6648  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 29, 2014, 03:39:09 AM
back over 600.

they can't hold this down forever.
6649  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 29, 2014, 03:10:32 AM
Bank Run!

http://stratrisks.com/geostrat/20075
6650  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 29, 2014, 02:37:47 AM
check out James D'Angelo's Bitcoin Price Model.  especially the effect of the gold price:

http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html
6651  Bitcoin / Bitcoin Discussion / Re: PSA: Add a Full Node for just $19/year! on: June 29, 2014, 12:17:11 AM
I just ask them to transfer my server to Dallas and i think that is working without any problem and finally my node is up again Smiley. I would also say about the great and fast response from WeLoveServers support team. I think my previous problems was from misunderstanding because of my bad english but generally the node in LA has problem running a bitcoin node. I dont know what happen but there is a problem there.

yeah, all of mine are up and good.

i do have one in LA that's been fine all along.
6652  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 28, 2014, 10:14:00 PM

i think the anonymity part of BTC should be downplayed.  sure its a symbol for the geek network as well as the illegal trade folks but won't be for the masses who are the critical part of this acceptance equation.  the best way to think of how BTC will be used in the future is to study M-Pesa in Kenya and why it took off like a rocket shot.  those ppl just needed an easy, inexpensive way to move money around the country w/o physically delivering it like they had been (donkey ride cross country) forced to do b/c of theft.  they don't care that Safaricom/Vodafone knows their identity when sending money; they just want to get the money to family and friends.  most of BTC use will be this way.
People in Kenya might not care care, but ask people in Argentina how they feel about it.

i reformatted my above post to put it back into context.  regarding anonymity, that was my thought on this back in 2011.  as you should know from reading my current view, anonymity is important.
6653  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 28, 2014, 09:50:54 PM
glad to see this get going.  this should be big:

http://cryptocrimson.com/2014/06/bitcoin-leveraged-bitpesa-makes-official-debut-kenya/

i first wrote about this here:


I'd like to see a video targeted towards left-leaning people that argues from their world-view-- why the existing monetary system is unfair and benefits a rich elite at the expense of the working masses.  How Bitcoin can change that and be a People-Powered money, backed not by empty promises from rich bankers but by the strength and trust of the person-to-person Bitcoin Community.  How friends and neighbors using Bitcoin can keep money in local communities.  How using Bitcoin lets you interact with people all over the world, promoting peace and understanding.  How it is better for the environment than gold mining or trucking coins and cash to and from stores and banks.

Well, I think that's what someone called "narratives".

We still need a narrative for anonymity, though.

i think the anonymity part of BTC should be downplayed.  sure its a symbol for the geek network as well as the illegal trade folks but won't be for the masses who are the critical part of this acceptance equation.  the best way to think of how BTC will be used in the future is to study M-Pesa in Kenya and why it took off like a rocket shot.  those ppl just needed an easy, inexpensive way to move money around the country w/o physically delivering it like they had been (donkey ride cross country) forced to do b/c of theft.  they don't care that Safaricom/Vodafone knows their identity when sending money; they just want to get the money to family and friends.  most of BTC use will be this way.
6654  Bitcoin / Development & Technical Discussion / Re: Algorithm for elliptic curve point compression on: June 28, 2014, 04:59:27 PM
how is this derived?:  p = 2^256 - 2^32 - 2^9 - 2^8 - 2^7 - 2^6 - 2^4 - 1
It's a system parameter, it must be a finite field which has size near 2^256 to achieve ~128 bit security, but less than 2^256 to avoid needing more space, to make the modular reductions faster the number selected is a generalized mersenne number. In the case of secp256k1 was selected by picking the largest x such that 2^256 - 2^32 - x is prime. You can search for "generalized mersenne number" to find the Solinas paper about how fields of sizes with special form yield more efficient computation.

thanks for this
6655  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 28, 2014, 12:07:04 PM
Boom. Big B.
6656  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 28, 2014, 04:47:41 AM
6657  Bitcoin / Development & Technical Discussion / Re: Algorithm for elliptic curve point compression on: June 28, 2014, 03:26:58 AM
how is this derived?:  p = 2^256 - 2^32 - 2^9 - 2^8 - 2^7 - 2^6 - 2^4 - 1
6658  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 28, 2014, 02:17:56 AM
Temasek is huge:

http://www.coindesk.com/singapore-government-owned-investment-firm-experiments-bitcoin/
6659  Bitcoin / Development & Technical Discussion / Re: Algorithm for elliptic curve point compression on: June 28, 2014, 01:03:57 AM
Yeah that graph doesn't make it clear but it is one of the properties having not just integer values but integer values "over" a finite field.  The numbers "wrap around" when they go past the edge of the field.  So in a finite field over 23 a y =-5 if reflected around the order to be y = 18 (-5 + 23).

From our patent trolls at certicom. Smiley



Quote
Note that there is two points for every x value. Even though the graph seems random, there is still symmetry about y = 11.5. Recall that elliptic curves over real numbers, there exists a negative point for each point which is reflected through the x-axis. Over the field of F23, the negative components in the y-values are taken modulo 23, resulting in a positive number as a difference from 23. Here -P = (xP, (-yP Mod 23))

Now because I have had a few, I am going to cheat and just verify the solutions rather than solve the problem.  I would also point out this is a nice small (and essentially useless) finite field, real cryptography uses much much larger prime numbers.

So lets look at (1,5) & (1,18)

(y^2) % 23 = (x^3 + x) % 23
(5^2) % 23 = (1^3 +1 ) % 23
25 % 23 = 2 % 23
2 = 2 so the solution (1,5) is valid.

(y^2) % 23 = (x^3 + x) % 23
(18^2) % 23 = (1^3 +1 ) % 23
324 % 23 = 2 % 23
2 = 2 so the solution (1,18) is valid.

This also illustrates how we can use compressed keys.  The y^2 means that when a point exists there will always be one reflected around the axis and having the finite field over a prime number means you will always have exactly one odd y value and exactly one even y value in that pair of points.

x=1, y = {5, 18} = one odd & one even
x=11, y = {10, 13} =one odd & one even
x=15, y = {3, 20} = one odd & one even

Bonus points if you can see where this is going.  If you can compute the pair of y values* from x and they will always be an even and odd then instead of writing (15,3) or (15,20) you could write (15, O) or (15, E).  Now with this tiny finite field it doesn't save much but when your values are 32 bytes you save a lot of bytes.












finally, finally, finally.  now that is a brilliant explanation.  

and finally a graph with the axes labeled properly and illustrating why we're dealing with positive whole numbers.  isn't that what we're really dealing with here, whole numbers vs. integers (which would include negatives)?  or does the fact that this is defined over a finite field exclude the negative integers?

the other thing that strikes me when eyeballing the graph is that i thought all points in a finite field would have a symmetrical reflected point and i see in this example a point at (0,0) which doesn't have a reflected point at (0,23).  i'm sure this has to do with the mod 23 which wouldn't be in the field but i don't recall seeing any points on a graph like this w/o a paired point?

thx D&T.  as always, very helpful.
6660  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 27, 2014, 11:03:58 PM
Volume coming in:

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