...I think that theft would not be a big issue.
...and they are gone!
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we do nt know anything about satoshis abilities to speak english, only write it. satoshi could have the worst accent ever.
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telnet bitcointalk.org 80 I'm so cool lol noob fail! does not work, bitcointalk only work on ssl. Proof: # nc bitcointalk.org 80 GET / HTTP/1.0
HTTP/1.1 301 Moved Permanently Server: nginx Date: Wed, 02 Oct 2013 20:40:30 GMT Content-Type: text/html Content-Length: 178 Connection: close Location: https://bitcointalk.org/
<html> <head><title>301 Moved Permanently</title></head> <body bgcolor="white"> <center><h1>301 Moved Permanently</h1></center> <hr><center>nginx</center> </body> </html>
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im buying all ya cheap coins. Never used silkroad, and is apparently never going to. This day is a sucess for bitcoin, it is the first real move for bitcoin to be introduced into the real world and people being held accountable for their actions. its good for the public that bitcoin is more the just drug and scams.
Its good that silkroad got closed.
Can you define accountability in this scenario? Pretty sure Bitcoin is exactly what it was a week ago, regardless of SR.. Exactly. the accountability was directed at the silkroad people, they are not above the law.
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And it doesn't matter in the longer term because fresh "Silk Roads" that are more resilient will come along to fill the vacuum. I am not knowledgeable enough to run an operation like this, but hopefully anyone who has the guts and determination to try will be smart enough not to be living in the US, for one. Try a tinpot country where you can bribe officials to look the other way, perhaps.
yes, of course more will come, and more will get closed. But its still good for bitcoin and user of it to show that local law will be enforced, as it should be. Bitcoin is not a magic shield against the law.
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im buying all ya cheap coins. Never used silkroad, and is apparently never going to. This day is a sucess for bitcoin, it is the first real move for bitcoin to be introduced into the real world and people being held accountable for their actions. its good for the public that bitcoin is more the just drug and scams.
Its good that silkroad got closed.
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A difference of opinion doesn't make you right.
Its not an opinion, its a fact. Bitcoin is built on, and i equivalent to, democracy.
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Hello guys, As i'm trying to promote bitcoins to some of my friends, one of them, who's quite computer savy asked me this question and i wasn't able to answer it properly. The question was basically "What is all that computing power used for?" to which i answered : it's used to solve the algorythm designed by Satoshi in order to award bitcoins when a block has been solved. (more or less i can't remember my exact phrasing but that would be along those lines, as this is my basic understanding of the process)
it's provably wasted on nothing except for making a proof of time and energy and money are wasted, so that the waster can be 'compensated' for his lost energy and time. The way it's wasted is by computing sha256 hashes until it's numerical value is less then a certain target number. Its like taking about 23 6-sided dices, and rolling them all until they is all 6's at the same time(except that you can proof to the world that you did get them all 6's and did not cheat in the process).
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Bitcoin is not a democracy. I thought we've covered this already.
No amount of miners, devs, or users can force a bitcoin user to accept a rule change.
If 99.99% of the bitcoin world changes a rule, and I keep using the old rules, there is now a fork. (Pre-fork coins will now exist on both forks!)
Only free market forces will ultimately kill a fork. If no one gives value to the coins on a fork, it will stall. (It can even be started again, if a single copy remains, should someone decide they value it sometime in the future.)
Bitcoin is the free market in full effect.
In a democracy, the majority makes the rules and everyone must abide by them or suffer the consequences (whatever the majority decides those consequences are).
You know what? I could also start my own little state here, right here in my apartment and declare sovereignty. But you really know what? That does not make Denmark less a democracy. And you know what else? People would laugh at you and not respect your sovereign state, they would likely put in a cell with soft walls. You people are just of far off in your own little philosophical libertard world where everything is redefined to suit your state of mind. Wake up people and join me, Marx, and Stalin, and the rest of the world.
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so... what you are really saying is that the evil mining pool operators is oppressing the people and trying to demolish their right to democracy, by 'tax' manipulation?
No, what I'm saying is that this and yet bitcoin accepts such a situation as legitimate => bitcoin is democracy.
is wrong. Bitcoin doesn't accept such a situation. In fact, democracy breaks Bitcoin. no, it does not. Democracy is the core strength of bitcoin. "We make money democratic." - Amir Taaki <- and that's from one of the main developers You should educate yourself about bitcoin before speaking bad of it. http://www.weusecoins.com/
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How do you figure? A majority (51%+) getting together to decide something is considered an "attack," a group getting together to change Bitcoin ends up creating a fork that all individuals simply ignore, no one can force any changes or rules on anyone (unless it's a 51% attack), and everyone only follows their own best interests, with only changes being accepted are ones people consider to benefit themselves, such as security and bug patches. To me it looks like complete anarchy and a specific rejection of democracy.
and if the majority(strictly more then 50%) of the miners decides to block a transaction the transaction will be block, as miners can decide that blocks including it is artificially invalid. Also if 51% majority decides to rewrite blockchain history it will happen too, the only thing that they cant touch is the 21M limit, and block creation rate. everything else they decides, even in every fork at once, as they can just switch chains as they like. The majority ultimately decides, its a democracy. Yes, but the democracy you describe is considered a very very bad thing, since it will break Bitcoin. Bitcoin can only continue to work as long as that democracy is resisted. Even to the point that mining pools try to avoid it (like how BTC Guild raised their fees from 3% to 7% when they got close to having 50% of mining power. As more and more people adopt it, Bitcoin will teach people that democracy rule is a bad thing and to be avoided. so... what you are really saying is that the evil mining pool operators is oppressing the people and trying to demolish their right to democracy, by 'tax' manipulation?
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How do you figure? A majority (51%+) getting together to decide something is considered an "attack," a group getting together to change Bitcoin ends up creating a fork that all individuals simply ignore, no one can force any changes or rules on anyone (unless it's a 51% attack), and everyone only follows their own best interests, with only changes being accepted are ones people consider to benefit themselves, such as security and bug patches. To me it looks like complete anarchy and a specific rejection of democracy.
and if the majority(strictly more then 50%) of the miners decides to block a transaction the transaction will be block, as miners can decide that blocks including it is artificially invalid. Also if 51% majority decides to rewrite blockchain history it will happen too, the only thing that they cant touch is the 21M limit, and block creation rate. everything else they decides, even in every fork at once, as they can just switch chains as they like. The majority ultimately decides, its a democracy.
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Causality is only meaningful within the universe.
Causality is not even meaningful within the universe.
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"Democracy: The original 51% attack".
why are you even on this forum then? don't you like bitcoin? If you like democracy and think 51%+ should control all decisions about currency, why are you on this forum and why do you like Bitcoin, if it specifically considers 51% democracy as a threat? and yet bitcoin accepts such a situation as legitimate => bitcoin is democracy.
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But, given the largest proponent of democracy out there, you can't just opt out. If you officially renounce your citizenship, leave the fuckin' country and never look back, they still claim the right to tax you for TEN YEARS.
oh, so you took all the good stuff, and then left. thats a bit of an asshole move to do. and btw. if one did receive such a claim of taxes would one pay or would one laugh? and @Kokjo, Bitcoin is a currency, not an ideology.
OMFG and i thought i was the troll! have you even looked around this forum? people thinks and behaves like is a ideology. in this case you cannot just say that you can't compare apples and oranges, because bitcoin is both. Your editing of my post was, I admit, amusing. It had no merit in the discussion at hand, or in fact as anything more than a parlor trick. Unless you stop just trolling me, as you admit, then this is the last direct response you'll get from me.
oh man cool down, take it easy. i was only trying to spread fun and happiness while educating people through the socratic method of trolling.
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Not everyone is eligible to leave. Their are certain groups of people that can't get a passport. Look it up.
thats just as much as about other countries don't want you to visit.
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I normally don't edit other peoples posts, but here goes: In bitcoin 51 percent of those who have the franchise can completely disenfranchise the remaining 49 percent without repercussion which is a violation of the non aggression principle. Thus, I am opposed to bitcoin. I have many other reasons to oppose it as well, which I'm not currently inclined to go into in detail. Suffice it to say that I am an individual, and proud of it. bitcoin does not recognize that there is such a thing as an individual, only groups. Groups are statistical constructs. I'm all for voluntary cooperation, but such is nigh impossible in a bitcoin.
Worse still, bitcoin is mob rule. The loudest voice generally rules the mob, so it becomes dictatorial to the whims of the few very quickly. It happened in Athens, and it's happened everywhere else that democracy has been the "rule of law" as well. bitcoin is about as stable as nitroglycerin in sunlight, but far less useful.
See? not that different. your clearly don't like bitcoin. (No really! its no joke, this is what bitcoin is like) You just seem to run off at the keys with no goal aside from provocation. It's hard to hit a moving target, and a pain in the ass to debug the logical fallacies, misrepresentations, and emoting of someone who either has no position or just likes to sling mud.
Just about right. Im a nihilistic egoistic rationalists(what makes me happy is ultimately good), who like to troll on you people's poor logic and assumptions, but have no real opinion, except it's fun to sling mud.
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That's not so simple.
that depends on which side your on...
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"Democracy: The original 51% attack".
why are you even on this forum then? don't you like bitcoin?
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this is not a bubble. the hardware to mine this hard, is out there, and it will stay out there until when upgrades come, and the hardware will be obsolete. How about if bitcoind is modified to take out the ASICs.
then me and 98% of the network will still use the good and old bitcoind, and fork the source.
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