Still waiting for your follow-up on the other thread there, gollum. Thanks.

Are there even any full clients available for iPad?

For my case, I am happily running the full Bitcoin-Qt on my laptop. With the blockchain on its single internal SSD. I don't know what the heck your problem is.

SSD GiB/$ increases by a factor of 2x every eight months or so. Even if someone is too obstinate to not buy enough storage for their imagined needs today, Moore's postulate ensures that they will soon be able to. Probably not even be able to find a drive small enough to present a problem. Seen any 10 GiB drives for sale lately?

You have asked important questions, and even more important details about such questions. Any consideration of any one aspect of any identified attack vector could be a lengthy discussion unto itself. You may wish to avoid letting the conversation derail into whys and wherefores, lest the signal get buried in the noise.

Umm... no. While 'the officials' is a sketchy rhetorical term, none of those who have some official relationship to the maintenance of the USD truthfully claim that it is backed by gold. Because the USD most certainly is not backed by gold.

Bitcoin has the potential to solve such issues to the benefit of the populace. However, the Bitcoin solution to such problems (e.g. by stopping QE Infinity) actually works against the interests of congress-critters. If QE is curbed, and sound money takes the place of the FRN, then the FED and Congress lose the power to levy the hidden tax that is inflation. No inflation masking their real costs, and the gravy train of candy handouts that seem to come at 'no' cost stops. No freebie handouts, the populace starts agitating to replace those in office.

Never confuse 'things which benefit the populace' with 'things which benefit those in the legislature'. The interests of these two classes are almost always in direct opposition.

Obvious advertisement is obvious.

This 'Aftershock followup' video has been being pumped for quite a few months now.

It may be that (e.g.) Buffet dumped Johnson & Johnson. However, lacking a statement of where he put that money, the info is devoid of any context.

It's not that I disagree with the topic of the video in that our current economic paradigms in in trouble. But to try to act upon some sudden revelation that 'Billionaires are dumping banking stocks' is folly.

You can't refer to a dictionary to determine the meaning of a word? Crazy.


Seems unlikely, but I'll take your word for it. After all, I can see the predominance of people using 'loose' when they men 'lose'. Just because it is widespread does not make it correct.


Thank you for that admission.


Yes - impossible conveys a probability of zero - to infinite decimal places. So says the dictionary.


Don't be obtuse. Of course there is a simple single word for probability = 0, as it is such a simple and useful concept. As the dictionary so says.


Well, no. I was not being deliberately idiotic. Are you now saying that the relative probability of an event occurring depends directly upon whether or not certain parties are claiming you can make a profit off it? Now who's being metaphysical? Actually, I know that is not what you mean to assert - but I cannot devine what it is that you mean to convey in your retort.

JoeKatz, I respect you in many things. However, If your plan is to argue that the dictionary is employing an incorrect definition, I just don't know how to carry on a meaningful discussion.

impossible |imˈpäsəbəl|
adjective
not able to occur, exist, or be done: a seemingly impossible task | [ with infinitive ] : it was almost impossible to keep up with him.
• very difficult to deal with: she was in an impossible situation.
• informal (of a person) very unreasonable: “Impossible woman!” the doctor complained.
ORIGIN Middle English: from Old French, or from Latin impossibilis, from in- ‘not’ + possibilis (see possible) .

not. able. to. occur.

It matters not one whit to me that you have been able to find four articles on the interwebs that misuse the word. We already have a concise and compact term for the improbable - and that is.... 'improabable'. Why on earth would we overload the meaning onto another word (impossible), leaving us no compact and concise word to use to convey the meaning of 'not able to occur'? It defies all reason.

As an aside, the real performance of bitcoin against a numeraire of USD is not that far off of Pirate's advertised performance of his so-claimed investment against a numeraire of bitcoin. Using the concept of the numeraire to factor out the evident compounding of BTCST against USD, should we not then logically conclude that the performance of bitcoin is so outrageous as to make it an obvious scam by your stated criteria?

Wasn't immediately clear to me if this was the same. So I dl'd and installed it. It fails the same as my email of an hour or so ago.

Nope.

I was one of the folk who was experiencing silent termination. I'm on 10.7.5. At least now I get a failure indication. Let me know if you can use the contents of what I got in Mac's Problem Report tool.

Are there any particular logs that may be of interest?

::le sigh:: Categorically false. The USA federal government has only the authority granted to it by the Constitution. Sadly, very few Americans understand this any longer. Even so, you will find very few elected officials that actually claim that they are not bound by the limits of the Constitution - no matter how tyrannical they act in fact.

Is there anything preventing you from seeking out and building relationships with those who hold large sums of bitcoin, and might want to sell?

Didn't think so.

Absolutely democratic and fair.

I am uncomfortable posting anything here. I'll send a message to the email address from whence I have been receiving messages, pointing the rep at this discussion. If nothing comes of it in a week or so, ping me again (PM probably best), and we'll re-evaluate.

Strange. During the second shutdown (several weeks back), I had both USD and XBT on TradeHill. My friendly rep explained that I needed to either withdraw my USD, or trade it into XBT at the current BitStamp rate. I chose the latter.

Earlier this week, I got another email saying I needed to pull my XBT by the end of the month. I replied with an address. About 24 hours later, I had my XBT withdrawn to my local wallet.

Jered and company have always appeared above board to me. I'll be happy to work with them again, should they decide to open up another trading facility.

Not knowingly. I _do_ misrememberate from time to time. Did we not speak in the 'ask anything about bitcoin' booth? (middle of the first row, near the drinking fountain, 'round the corner from Neft). Maybe somebody was impersonating you. Maybe somebody was impersonating me. I just don't know any longer.

Most computer files work this way. If you haven't backed up the latest version, you lose all changes since the last backup. I don't know why this would be a surprise.

The qt wallet gives you 100 changes worth of bonus slop, and deterministic wallets give you unlimited slop. But that is not the norm for backups in general.

I think it started out this way, as the person who first suggested it is in Germany. I could be wrong. However, there are several other good reasons....


yes

I understand that Frankfurt may be the home of the ECB. Which makes this quite symbolic.

Hell, I don't know Frankfurt Germany from Frankenmuth Michigan. I'll drink it in any way it happens.

First time I saw a news site use other than MtGox (this time - BitStamp) as their 'official' price metric.

All that want a copy of the blockchain, yes...


Do you have an equation to justify this assertion? And even so, who cares? You can buy a 4TiB HDD today for about 0.333 XBT. Two years from now, the same _dollar_ cost will buy you 8TiB. Filesystems that scale to EiB are readily available. Who cares about storage?


This claim I am somewhat more skeptical of. Care to show your work? Even so, 16 GiB costs under one XBT today, and Moore's axoim shows no signs of stopping...


I am sure it does. What are those limits? Are these endemic to the protocol, or merely parameters used in the current clients?


i was not aware of this number. Probably due to the fact that whatever it is, is enough for the time being. Where does this number come from? So we only need to increase the throughput 15x to match PayPal? Sounds like a trivial slam dunk to me.

I don't know whether or not it is true, but I read that Visa's all-time-high was 27,000 tps. Doesn't seem _that_ daunting. At least in light of the fact that we don't need that throughput before the network scales at last x4,000.


As far as I care, I will consider it decentralized as long as there are no arbitrary barriers to anyone who wants to start up a full node. I do not consider dollar or time cost to be a valid consideration in 'is it decentralized?'


I believe it will be solved. By the time it matters. If for no other reason, because the code base is open source, and there is plenty time for even li'l ol' me to learn the code well enough to make the necessary adjustments.

Sorry Izzo. Didn't mean to be snarky.

I have learned over the years that it is easy to get burned when trading in a panic. You may want to take time to breathe before your next move.

I already have my strategy sorted. Accordingly, I have not looked into CloudHashing. So while I may consequently wrong, I'd not characterize them as a scam without more facts. From their name, I assume they are selling hash power, with any resulting mining revenue going to the buyer? If so, this either may or may not pay in the long run. No way of knowing ahead of time. Though I suspect chances would be slim that one would recoup their investment - at least in terms of # bitcoins.

I reserve the term 'scam' for cases of outright fraud.