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7241  Bitcoin / Bitcoin Discussion / Re: 1 Hour Confirmation Time on: April 08, 2014, 04:36:02 AM
I should note that the transactions went through OK in spite of the quirky network behaviour.
7242  Bitcoin / Bitcoin Discussion / Re: 1 Hour Confirmation Time on: April 08, 2014, 12:59:11 AM
Read the post before offering a "knee-jerk" response.

I'm saying I witnessed something that's impossible. A transaction instantly showing 2 confirmations from 2 past blocks. One block mined 7 mins before the transaction and one 14 mins before. Not possible, so how did it happen?
7243  Bitcoin / Bitcoin Discussion / 1 Hour Confirmation Time on: April 08, 2014, 12:15:15 AM
I made a transaction this morning, it took an hour for 1 confirmation. I watched the blocks come in on block chain.info and there were none for an hour. Then suddenly I got a confirmation and a backlog of 4 blocks showed up on blockchain.info (my wallet is not on block chain.info just using them to see the blocks).

Having 1 confirmation I then made a second transaction and it instantly got 2 confirmation on two of the past blocks that were backlogged.

Impossible, WTF is going on this is fishy as hell.
7244  Bitcoin / Bitcoin Discussion / Re: What happens to bitcoin when the lights go out? on: April 06, 2014, 10:04:13 AM
The Carrington event

http://en.wikipedia.org/wiki/Solar_storm_of_1859
7245  Other / Off-topic / Re: Best place to build the Bitcoin island in the international waters on: April 05, 2014, 11:38:47 AM
Antarctica will yield to technology.
7246  Other / Off-topic / Re: Best place to build the Bitcoin island in the international waters on: April 05, 2014, 11:17:24 AM
Antarctica is destined to be the greatest empire in history. Although the gods will probably sink it, they're giant @#$holes you know.
7247  Other / Off-topic / Re: Best place to build the Bitcoin island in the international waters on: April 05, 2014, 10:58:02 AM
The official currency of Antarctica is now Bitcoin.
7248  Other / Off-topic / Re: A human civilization experiment on: April 03, 2014, 09:49:10 AM
Quote
"It will be Going back to stone age. ..."

Go back far enough and you find giant perfectly crafted stones cut and manipulated with technology in advance of our own current state of affairs.

I'd like to see modern engineers place the baalbek stone in the temple of jupiter. How do you get a block that big up a mountain?
7249  Other / Off-topic / Re: Celebration when price hits 420 on: April 03, 2014, 02:50:15 AM
$420 on Bitstamp: it burns!
7250  Bitcoin / Bitcoin Discussion / Re: Is anyone else concerned that 43% of the hashrate is from an unknown source? on: April 02, 2014, 01:19:27 PM
"sources" not "source"; all your base are belong to us!
7251  Economy / Speculation / Re: Over 70BTC bet that Bitcoin will be $10,000 by end of 2014 on: March 31, 2014, 08:14:53 AM
The fractional reserve fiat system is going to get goxed pushing BTC to $10k, you still won't be able to get more than an oz of gold per BTC.
7252  Other / Off-topic / Re: Celebration when price hits 420 on: March 30, 2014, 01:41:14 PM
$453 on Bitstamp, get the bongs ready we're almost there...
7253  Bitcoin / Mining speculation / Re: Career - Bitcoin Miner on: March 30, 2014, 01:19:06 PM
I got scammed by Black Arrow, they never delivered the ASICs I ordered. My "career" as a Bitcoin miner was over before it started.

At least my GPUs dug up a few Dogecoins before alt-coin mining became unprofitable.

Maybe Bitcoin will recover and BA will deliver but, I'm not holding my breath. The situation looks rather bleak right now.

On the bright side 4 way crossfire blows the PS3 outta the water and the BA ASICs will make great space heaters when they're finally delivered next winter. Cheesy

OP: wage slavery sucks dick, go to hell k thx.
7254  Other / Politics & Society / Re: Reddit’s science forum banned climate deniers. on: March 30, 2014, 10:06:14 AM
The warmies are fighting a war on trees. First by cutting off the trees supply of CO2 in the name of carbon footprint taxes. Then using that revenue to fund geo-engineering chemtrail mega projects that smother the trees with toxic metals in the name of combating global climate change.
7255  Bitcoin / Bitcoin Discussion / Re: New research proves: MtGox bitcoins NOT stolen using transaction malleability on: March 29, 2014, 02:43:40 PM
If Empty Gox was selling empty Bitcoin place-holders then whatever was in the hot-wallet (the fraction of the reserve) was all they had. The "missing" Bitcoins are simply the revelation of null Bitcoins. It looks more like fraudulently obtained fiat than missing crypto IMO.

The bigger problem I see here is that banks all run on this fractional reserve system. Anybody holding fiat risks getting "goxed".
7256  Bitcoin / Bitcoin Discussion / Re: The wikipedia entry for "Bitcoin" is so bearish... on: March 29, 2014, 10:48:10 AM
Q: What do Bears, Bulls and Whales have in common?
A: They're animals.

People are emotional animals, a person is a reasonable intellect. Bitcoin is not for animals, bad dog!

7257  Bitcoin / Bitcoin Discussion / Re: Why are private keys safe? on: March 27, 2014, 09:42:48 AM
We've got a quantum computer store here called D-Wave. They've got quantum computers in stock and for sale.

http://arxiv.org/pdf/1403.4228v1.pdf

Or it could just be really expensive snake oil.

http://en.wikipedia.org/wiki/Dwave_1
Quote
"In January 2014, researchers at UC Berkeley and IBM published a classical model explaining the D-Wave machine's observed behavior, suggesting that it may not be a quantum computer"


http://arxiv.org/abs/1401.7087
Quote
we outline a simple new classical model, and show that on the same data it yields correlations with the D-Wave input-output behavior that are at least as good as those of simulated quantum annealing. Based on these results, we conclude that classical models for the D-Wave machine are not ruled out.


http://www.scottaaronson.com/blog/?p=1400
Quote
the same USC paper that reported the quantum annealing behavior of the D-Wave One, also showed no speed advantage whatsoever for quantum annealing over classical simulated annealing.  In more detail, Matthias Troyer’s group spent a few months carefully studying the D-Wave problem—after which, they were able to write optimized simulated annealing code that solves the D-Wave problem on a normal, off-the-shelf classical computer, about 15 times faster than the D-Wave machine itself solves the D-Wave problem!  Of course, if you wanted even more classical speedup than that, then you could simply add more processors to your classical computer, for only a tiny fraction of the ~$10 million that a D-Wave One would set you back.


Wikipedia quotes penned by a competing manufacturer (IBM). lol

Quotes from the same competitor (IBM). lol

A quote from Scott Aaronson (uh, who the hell is this guy? lemme guess...works for IBM). He points to a simulation running on a classical machine optimized to exploit quirks in the "d-wave problem" to gain an advantage and says "look d-wave's slower", ridiculous. lol

Superconducting hardware walks the walk and theory-crafting talks the talk. Keep on talking IBM... and hurry up with that Bitcoin wallet, it's going to be a full implementation of the bitcoin protocol right?
7258  Bitcoin / Bitcoin Discussion / Re: Why are private keys safe? on: March 26, 2014, 10:11:39 AM
Because the quantum computer has not yet been invented. Give it a few more decades.

We've got a quantum computer store here called D-Wave. They've got quantum computers in stock and for sale.

http://arxiv.org/pdf/1403.4228v1.pdf
7259  Bitcoin / Bitcoin Discussion / Bitcoins Are Intellectual Property on: March 26, 2014, 08:32:42 AM
The blockchain is a record of who owns how many Bitcoins. The Bitcoins have no physical properties, they don't change over time and they don't occupy any space.

I suggest that Bitcoins are intellectual property based on the fact that it's an intangible asset. The encryption enforces the copyright.
7260  Bitcoin / Bitcoin Discussion / Re: Would you trust the Bitcoin foundation to offer an enterprise iPhone app? on: March 25, 2014, 01:15:25 PM
Remember what Khan did to the crew of the Enterprise in Star Trek 2? Could such a scenario be possible with the Foundation?
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