$1000/bitcoin won't make me filthy rich, but I might be rich enough to quit my day job and devote the rest of my life to ministry, raising my kids (and maybe foster kids?), and developing bitcoin-powered websites.
That's sounds filthy enough. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I wouldn't go so far as to call it filthy but it's definitly dirty ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You guys need to get a stand up routine ... that was good. Filthy, dirty, messy, pig-sty wallowing rich ... huh?
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BlowCoin
private, fully anonymous currency reserved for illegal activities and criminals everywhere. Legitimate activities are discouraged to use BlowCoin because it only confuses the public, we gotta know who the baddies are and if you use BlowCoin you are definitely a bad-ass. Can be used by/backed with blow, blow dealers, blow jobs from hookers, weapons smugglers and bombers who like to blow things up.
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Are there any plans to display the transaction priority for a send in the official client?
It would at least be some analogue information for the senders about how long their transaction might take .... beyond the dreaded "pay-up" pop-up.
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Strange as it may seem ... well yes, they are making more land ... 657 new Islands to be exact .... If they are in International waters then they are free game ... but be quick. http://news.yahoo.com/s/livescience/20110419/sc_livescience/657newislandsdiscoveredworldwide Here's something you don't see every day — hundreds of new islands have been discovered around the world. The Earth has 657 more barrier islands than previously thought, according to a new global survey by researchers from Duke University and Meredith College in Raleigh, N.C. The researchers identified a total of 2,149 barrier islands worldwide using satellite images, topographical maps and navigational charts. The new total is significantly higher than the 1,492 islands identified in a 2001 survey conducted without the aid of publicly available satellite imagery.
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If Bitcoin hits $1000, I will try to attract a small group of freedom-loving Bitcoiners to buy an island that's big enough for us all, and on which we can install high-speed internet. ... like the Free State project. I've wondered about the feasability of doing this ... Some of these smaller Islands only have a few thousand residents, the outer ones sometimes less. If a group of "free staters" showed up in numbers they could just make the the place its own nation, zero taxes, gold/bitcoin, internet private banking, poker servers, etc .... then what they get blacklisted as a 'non-compliant country' ... so what? Pick one that is a relay station for some fiber cable for good internet ... close to flight/shipping routes may make it more desirable also. These ones only have 609 residents and dropping .... http://en.wikipedia.org/wiki/Chatham_Islands#PopulationFiji is a relay point for fibre crossing but is ruled by a power-mad general at present ...
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Money is colour-blind ....
just like the man said, no action needed.
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Bitgold
Basically we just simply take the bitcoin source, search and replace 'bitcoin' with 'bitgold' and start generating gold ... we need to change few things like port number and etc so it plays nicely with bitcoin and we could also change a few rules like say issue the say total amount of bitgold bits as there are currently physical grams of gold in the world (over the next 56years say?) and keep it inflating at same approx. rate that gold is being mined up ~2.25% ...
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It was a really smart move. In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real? It's exactly like saying that you can spend now the average annual salary of your grand-grand parents for a video game. How stupid is that? And think about Satoshi himself! He could have generated the whole bitcoins alone in his basement and earn 21*6 millions of dollars! He was really stupid to not do that and to release his software before every coin was mined. If that guy didn't spend his money for a pizza, if every bitcoin holder was willing to hoard them, bitcoin would have never reached the 6 dollars mark. We are well off topic, I can see where you are coming from but it suffices to say, it is not that simple. Supply, demand and knowledge of future market expectations weigh heavily.
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1) Build up a private lab for developing interplanetary spacecraft propulsion, compact energy sources and esoteric aerospace technologies.
2) Build up a stable of racehorses and an associated breeding stud.
3) Dabble in yacht racing.
4) Corner what's left of the gold market.
5) Hookers and blow ... on the weekends only (or on trips to Langley).
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It was a really smart move. In a bizarro world maybe ... in the real world he dumped $50,000 on a couple of pizzas. Time to get real?
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I like 'bitgold'
..... anyone want to help me clone the client and start a new fork? ... I need at least two people who will connect with my client and seed the new p2p network. Basically we just simply take the source, search and replace 'bitcoin' with 'bitgold' and start generating gold ... we need to change few things like port number and etc so it plays nicely with bitcoin and we could also change a few rules like say issue the say total amount of bitgold as there is currently physical grams of gold in the world and keep it inflating at same approx. rate that gold is being mined up ~2.25% ... first adopters get to mine the most bitgold.
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Hi Dbitcoin,
I like how you keep a grand total of the number of shares each worker has accumulated. Would it also be possible to get a "trip meter" share counter for each worker?
That is a short term share total that the user can zero any time so that if you want to see how much a worker has contributed in the last hour, 12 hours or whatever then you can see that?
Alternately, an individual worker Hash/sec reading taken over some appropriate average.
Reason being is that when I upgrade the miner s/ware, change to another miner s/ware or change a clock setting or something else I can measure 1 worker against another or against a previous time period to see which is balancing out to be better.
Keep up the good work.
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If the two pizzas for 10,000 BTC doesn't make it into a xkcd strip it should ... I feel bad for the guy but it is funny reflection on human values system in many ways
C'mon Randall, toss us a bone, you know you want to ... geeks with outrageous computer projects ... what more material can you ask for?
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Never trust an Aussie! (jk)
The country has a grand tradition of sticking it to authority, seeing as it was founded as a convict colony. Anyone who latched onto bitcoin as early as Gavin did must have head their screwed on correctly ... but still would be good if he took a witness, 2ic, or similar for historical integrity.
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Bitcoin mining motto
"does it worth it"
cracks me up every time ... if nothing else the amount of laughter from the crazy situations and reactions by people thrown up by bitcoin has improved my health (extended my life maybe?)
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Yes, explaining bitcoin as a PROTOCOL is very effective and the truth in the plainest sense.
A set of rules laid down that people are free to choose to adhere to or not as they wish. I think this is key to getting people to see the difference between the grass-roots capitalism of bitcoin and the discredited trickle-down capitalism of central bank fiat currency.
It is not really a project but multitude of projects aimed at adhering to the protocol.
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Um, how the heck are we supposed to chart this thing when one guy with a fat wallet can wreak havoc on the price? We need more people trading to level out the influence and psychological factors.
Corollary to that is that the BTC value is too low if one fat wallet can move it around so much .... The number of bitcoins is not to going to change hugely (well not anytime soon) .... so only thing that can change to smooth out 'fat-wallet' fluctuations is the value .... upwards, get it?
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Very cool project ... can go in many tangents .. more heads to hydra .... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If we trust llama that he has destroyed any digital/electronic representation of the private key and the only place in the universe that it exists is inside that card then it is ready-made physical back-up as you would ever want to store large amounts of BTC. Just keep sending them to that public address on the card ... oh and remember not to give someone a BTC1 card that has BTC 10,000 loaded up on it! From the FAQ; "After each card has been produced and proven functional, we delete all records of the private key. This means that once the card leaves our hands, we can no longer access the associated bitcoins (be aware, this means we also can't help if you lose or destroy your card). Keypairs are generated on an offline computer that runs off of a flash drive which we will occasionally destroy in spectacular fashion." I mean if he is doing all this to physically secure those private keys who can be bothered doing this themselves? It is another little niche market, providing secure, physical private keys that are not part of the electronic network and never have been (thus not possible to be subject to electronic tampering). Addresses associated with private keys secured like this are very useful as savings accounts. Good anonymity initially too.
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Is it a known bug in the bitcoin daemon that initiated the failure cascade?
Or is it untraceable? Would be good to get some development work done on that too, no?
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due to popularity i would say between 250000-280000. Moreover i would say that 10$/btc is very close and at the end of the year i cannot imagine how high it could be!
$10 very close as in a few months? Dang. That would be something! But in the end I personally care more about how many people are actively using bitcoins to exchange value than simply a high btc/usd exchange rate. Why might you ask, well it's simply because if there isn't enough economic activity to back that high valuation the the btc/usd exchange rate is unwarranted and unjustified and eventually the market will give it a true valuation which may be much lower than it currently is. The larger the bitcoin economy grows the more stable the btc/usd exchange rate will be. Well no, there is a good technical reason why the bitcoin price has to be higher, simply so that it can support a bigger economy. The detail is that since the number of bitcoins in circulation is strictly limited, around 6 million now and only 10 million by Dec 2012, then to carry a much bigger economy, say for arguments sake a $1 billion economy, then bitcoin needs to valued at around $100. So if your favourite drug kingpin, brothel owner, poker site owner, tax evading bankster, corrupt politician, undercover CIA agent or just honest joe the plumber wants to move hundreds of thousands of 'dollars' around using bitcoin without making a blip in the market they need to be valued higher .... way, way higher.
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