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81  Bitcoin / Development & Technical Discussion / Re: Hardware accelerated bitcoind? on: November 24, 2013, 05:08:06 AM
I WOULD TAKE wtogami's advice and UPGRADE YOUR SHIT before its too late

Well, my MacBook Pro is pretty high end, but I'll look into rebuilding locally to take advantage of the 64 bit libs.  But what do you mean by "too late"?

-Jay
you'll find out soon enough
82  Bitcoin / Development & Technical Discussion / Re: Hardware accelerated bitcoind? on: November 24, 2013, 04:38:45 AM
You can "hardware accelerate" Bitcoin by using a x86_64 binaries instead of 32bit.  The hashing functions and signature validation is *much* faster on 64bit.

Linux distributes 64bit and 32bit binaries.  Currently Windows and Mac builds are 32bit only and could be faster if there were 64bit builds.  The developers don't want to do additional 64bit builds because that would be more time in QA testing, so there would be a cost in paying developers to make and test it.
Yes, this^^

addressing op: yes, greater computing power will process your clients activity faster, so unless you've got a few milliseconds to spare, I WOULD TAKE wtogami's advice and UPGRADE YOUR SHIT before its too late
83  Bitcoin / Development & Technical Discussion / Re: SIGHASH_WITHINPUTVALUE: Super-lightweight HW wallets and offline data on: November 21, 2013, 10:29:45 AM
The sweet spot is probably 16 and 32-bit microprocessors: fast enough to handle crypto without pain, small enough that hiding malicious features is very tough for the manufacturer, and cheap enough that the community has a chance of auditing the actual shipped hardware and firmware against the claimed design.
It shouldn't be a microprocessor at all.

Think something like this, but to perform ECDSA instead: https://en.wikipedia.org/wiki/555_timer_IC

Truly secure hardware wallets will need to be built at the level of electrical engineering, not software engineering.

I am an electrical engineer, and frankly what you're saying is crazy.

Just curious - why so crazy?

AND... EVEN MORE CURIOUS - do you mean you are an ELECTRONIC engineer??  

ELECTRICAL engineering has NOTHING to do with electronics, hardware, or anything else discussed on this thread? Just sayin.

Mind you, the original commenter also misspoke in describing this as "electrical engineering" work
84  Bitcoin / Development & Technical Discussion / Re: SIGHASH_WITHINPUTVALUE: Super-lightweight HW wallets and offline data on: November 21, 2013, 09:47:35 AM
"
""Truly secure hardware wallets will need to be built at the level of electrical engineering, not software engineering."

fuken A man
Fuken A
85  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 06, 2013, 11:36:54 AM
Is there a way to get notifications from CEX.IO when your buy/sell order is executed? It's daunting to constantly check what happened to an order.

Here is their api
https://github.com/ceashure/CEXIO-API
I'm certain there are many strapping, sweaty, young fellows working on notifications and anything else you can imagine for cexio right now

86  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 06, 2013, 10:44:21 AM
IF THEY START ACCEPTING USD OR ANY OTHER TOILET PAPER CURRENCIES I WILL LEAVE FOREVER AND NEVER RETURN.

I swear.


it would just ruin everything
87  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 05, 2013, 12:02:01 AM
Even having made a number of butter finger trades - I'm still up 2.25btc($500) after about 5 days (initial investment 9 btc).  Haven't made any particularly great or big trades - just hopping back and forth as the market depth shifts.  Assuming the exchange is still alive in another week, I  am comfortable tripling my initial 9 - at that rate, I will be A LOT closer to profitability with mining alone.  

Really wish I had signed up w/ someone's referral link - sorry guys, didn't know I was going to fall in love - found cex in my spam folder ...for my e-mail leaked by MtGox breach in 2010.  That has to be one seriously valuable spam list - lots of 'old money' BTC to be had there.

Speaking further to the aforementioned CEX Effect:

- I cannot overstate the [perceived or actual] advantage of having your mining rewards accumulate while you leave those GHs sitting at your high sell price.

-Also, the ability to instantly divest mining profit to increase your mining power whilst adding to bitcoin network stability without all the messy, whiney, sweaty equipment.  After about a year of whizzing fans polluting my soundspace, its kinda nice letting someone else babysit the hardware for a while.  

-Why GHs loves .1 and BTC loves $200? Round integer convenience - 10GHs for 1BTC / 1000 CNY / 200USD.  Psychological resistance (especially around currency conversion factors) can overcome larger market forces.

Also, working on pulling my trade history together - would like to see some export options in the future.
88  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 03, 2013, 08:10:19 AM
Largest buy order I've seen placed so far:
08:09:26
@0.11179   
1660.68216815 GHs       
185.6476595774885 BTC
89  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 02, 2013, 07:13:41 AM
I'm looking for historic market systems which might lend foresight into what I call the CEX Effect - instant, commodifiable GHs liquidity that will always have a steep premium over the 'street' GHs price and may realize no actual or consistent value correlation to it whatsoever.

While its still too early, I like to start on hot n'heavy with speculation & conjecture, so. I think there may be some heretofore unseen market logic playing out here.

I guess its something like an inverse dividend where the GHs price stability is achieved thanks to a consistent stream of current price buy orders from mining payouts. As the block rewards come so frequently and are sufficiently small/valueless, there is little incentive for individuals to wait for a better price and not just give your horsepower a little instant bump.   Just buy, don't think just BUY - why not, you have a frikin cloud that prints money.  
90  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 01, 2013, 06:39:35 AM
With only 2 weeks of trading data available (volume prior to that was too low to factor) it seems like the market is somewhat btc/usd agnostic and moves nicely with the difficulty change dates.  Starts moving about 4 days prior (Oct 12 for 16 and 22 for 26 - the shift always begins @ almost exactly 00:00 zulu) and then it drifts back up.  Next one is in 4-5 days, so I would have been very interested to see what happened today in a vacuum [without fee changes.]

I postulated this might be the case long ago, so I am interpreting the data to satisfy my prejudices.

91  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 01, 2013, 05:52:43 AM
Are they charging a fee?  Can someone who's trading let the rest of us know.

Just placed an order; nothing has changed.

At the moment, site faq & trading page still reflect 0 fees

from faq:
"Is there a pool fee?
No, the pool fee is 0% However, we have NMC merged mining to cover pool expenses.
How much is the maintenance fee? When will it be implemented?
We are planning to implement the maintenance fee starting from November 1st. The amount is still being decided, the approximate cost will be $0.001 per GHS / hour."

Probably safe to bet there'll be some downtime today while they make adjustments.

92  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 01, 2013, 05:26:24 AM
We're back online @.1074

checking my balances and rewards - all are present and accounted for during downtime.

93  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: November 01, 2013, 05:03:52 AM
is CEX.IO down?

I cannot LOGIN

GULP!!  going on about a half hour + down at this point.   Not to say that I've been obsessively refreshing the site every 15 seconds for the last week or anything - which is strange b/c I know that my bottom line margin will be negligible at best - yet i cannot stop buying GHS for the sake of novelty and those sweet little mining reward notifications piling up on the right...probably the most gratifying experience in btc life to date. At this point I may actually have to step away from the monitor and go to the local watering hole to see what costumed gratuity the ladies are pulling out this year.  
94  Bitcoin / Legal / Re: Buying bitcoins discreetly and then claiming tax return on: September 20, 2013, 07:29:43 AM
There are plenty of legitimate scenarios in which one might choose to use & write off BTC (and all associated tx fees) as a business tool/expense.

It so happens that most of the products and services available for BTC are common business overhead (web & app development, pc equipment, etcet)

Say you want to hire Carlos from Argentina to develop an app for your company website.  Carlos only accepts BTC and obscure WoW faction currencies.  You can write off the equivalent sum plus your  MtGox/CoinBase transaction costs PLUS the cost of the time you are paying yourself for administering those transactions; then to keep things complex and convoluted, you can pay yourself in BTC and 'cash it out' in BBQCoin. 
95  Other / Politics & Society / Re: BitGov on: September 20, 2013, 06:36:48 AM
There have been a number of interesting btc based voting projects floating around for a few years:
https://bitcointalk.org/index.php?topic=60229.0

I suppose there are many human problems that could be vastly improved if they ran on similar decentralized networks.  The problem is lack of incentive. Billions are spent enticing Americans to go vote and most of us do not bother.


[/quote]
Product A costs $1. Product B, which is a luxury version of A, costs $2.
Oh, come now... You're evading. All other things being equal to the world today, which would be produced more, A, or B?
The point that I am trying to make is that capitalism is a proportionally representative system.
[/quote]


A: The initial demand (& production, ATBE) is greater for Product A; over time, Product B will surpass.

We will now call this the 'iPhone 5c effect'®

A 'perfect' voting/governance system is actually scarier than conventional nation-states built on old-fashioned currency influence.  Being that Americans, en masse, are sadistic maniacs - I'll pass on Mob-Rule.

I can think of nothing on earth more fair, equitable & democratizing than money.  Unlike most of the industrialized world's 'rights & privileges', money is available to everyone, you can use it for almost anything, there are few limits on the variety of ways it can be created or how much of it you can have. It is like magic!

'The luxury of today is the necessity of tomorrow. Every advance first comes into being as the luxury of a few rich people, only to become, after a time, an indispensable necessity taken for granted by everyone. Luxury consumption provides industry with the stimulus to discover and introduce new, things. It is one of the dynamic factors in our economy. To it we owe the progressive innovations by which the standard of living of all strata of the population has been gradually raised' -LVM
96  Bitcoin / Development & Technical Discussion / Re: The precise status of the relevant number theoretic problems for SHA-256 on: August 07, 2013, 09:28:07 AM
This conversation has been wildly hilarious & informative. Thank You all.
97  Bitcoin / Press / Re: 2013-08-05 Bitcoin Foundation funds DIY bitcoin wallet Coinpunk on: August 07, 2013, 09:08:55 AM
I've been setting up coinpunk since I read about it earlier today - very exciting stuff.  I thought i would find tons of development discussion and background on the forum - cannot find it.
98  Other / Off-topic / Re: Bitcoin Street Art aka Memetic Design on: June 27, 2013, 12:23:59 PM

I'm thinking about powerful memes which can be unleashed in the streets..

As well as beautiful minimalistic design with conceptual meaning.

Your instinctive distinctive ideas are very welcome..

First image that always comes to mind for bitcoin is the cover art for Burning Chrome:
"The program was a mimetic weapon, designed to absorb local color and present itself
as a crash-priority override in whatever context it encountered.""...the street finds its own uses for things"
99  Other / Off-topic / Re: The Official "First Word that Comes to Mind" Thread on: June 27, 2013, 12:05:03 PM
Onomatopoeia
100  Bitcoin / Project Development / Re: Encrypted Paper Wallet on: June 27, 2013, 11:49:05 AM
Does anyone know if there is a site/service/software app that allows you to print out a paper wallet that encrypts the private key with an option to also encrypt the public key?  Essentially, I would like to be able to store BTC offline in a paper wallet, that requires knowing a password or PIN in addition to possessing the paper wallet in order to access the BTC, just in case the wallet is discovered and then copied or stolen.
This is not exactly what you're seeking, but I really like the concept of book ciphers / steganography for address/key encryption:
https://www.strongcoin.com/blog/using_a_book_cipher_to_generate_bitcoin_addresses
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