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801  Bitcoin / Bitcoin Discussion / Re: Vote to get bitcoin on Fox's Freedom Watch! on: May 07, 2011, 10:42:07 AM
There aren't very many comments, compared to the suggestions that are in first and second position.

As the show's writers will probably read the comments to get their initial orientation to bitcoin, it would be a good idea if people post short comments containing a positive fact about Bitcoin. For example "Bitcoin is great because I can make payments anywhere in the world, usually for free."
802  Bitcoin / Bitcoin Discussion / Re: feedback on preliminary draft of legal paper on: May 07, 2011, 10:32:40 AM
As a physics nerd, I'd be partial to calling them nano-Bitcoins.
I think the term nanobitcoins is a good one, but it should not be used unless/until the base unit of Bitcoin is made smaller. Otherwise, there will be a regular new FAQ: "I want to send someone a nanobitcoin but the system won't let me".
803  Bitcoin / Bitcoin Discussion / Re: [poll] Namecoin official tld : .bit, .web, .p2p on: May 07, 2011, 10:26:29 AM
I just don't understand the attraction of "bit".

The name of the system, "namecoin", doesn't allude to "bit". The general public don't have a clue about "bit".

And yet, in this poll ".bit" is overwhelmingly preferred to ".web". Anyone like to venture an opinion why?
804  Bitcoin / Mining / Re: A warning on occupational diseases of miners on: May 06, 2011, 07:36:32 PM
Occupational hazards of Bitcoin mining:

1. Burns from overclocked GPUs or overloaded power supplies
2. Cuts during insertion and removal of GPU cards or disassembly of cases
3. RSI from continually hitting F5
4. Hearing loss from high ambient noise level
5. Fingers caught in cooling fans
6. Severe depression following price drops
7. Torture by the CIA
8. Assault by spouses after spending the family savings on mining rigs

It's a dangerous business.
805  Bitcoin / Bitcoin Discussion / Re: Is it "Bitcoin", "BitCoin" or "Bit Coin"? on: May 06, 2011, 04:45:23 PM
...even at the beginning of a sentence it can be clear whether I am referring to specific coins or the technology as a whole.
There's no ambiguity at the beginning of a sentence, because the technology is singular ("Bitcoin is a fascinating technology") and the currency is normally plural ("Bitcoins are building up in my wallet"). In the case where the currency is singular ("one bitcoin") the word doesn't appear at the beginning of a sentence.
806  Bitcoin / Bitcoin Discussion / Re: Bitcents? on: May 06, 2011, 03:43:40 PM
...use millies imo...
As soon as the minimum fee-free transaction size drops to a millie, I think this unit will become widely used. And the minimum fee-free size does need to drop, if only so that the Bitcoin Faucet won't run dry so easily.
807  Bitcoin / Bitcoin Discussion / Re: Is it "Bitcoin", "BitCoin" or "Bit Coin"? on: May 06, 2011, 03:10:36 PM
Pronounciation

IPA: /bɪtkɔɪn/

Noun

Bitcoin (plural Bitcoins)

   1. the first decentralized crypto-currency
I had a go at adding Bitcoin to Wiktionary, but for product names they want to see three independent uses spanning three years. Soon that will be possible.
808  Bitcoin / Bitcoin Discussion / Re: the Free Software Foundation accepts bitcoin donations!??? on: May 06, 2011, 02:24:24 PM
Donation sent.  C'mon folks, open your wallets!  This is a good cause.
I sent 10 BTC.

I would never have bothered to donate to them if I needed to send a check or pay by credit card, but with Bitcoin I've donated to many organizations that would never have gotten a penny from me otherwise.
809  Bitcoin / Bitcoin Discussion / Re: Proper case of Bitcoin client on: May 06, 2011, 02:06:29 PM
In Satoshi's original paper he used the style Bitcoin.
http://www.bitcoin.org/bitcoin.pdf
810  Bitcoin / Bitcoin Discussion / Re: US tax obligations with bitcoin increase in value on: May 06, 2011, 02:04:33 PM
Most of my earning have come from mining on two machines way back when the mtgox price was.... .20 cents a btc (early 2010).  I generated quite a few coins.  This to me is a taxable event because I now have something of value that far exceeds the costs of electricity and hardware.

Suppose the MtGox price had plummeted and your BTC had become worthless. Would you have been entitled to a tax deduction for your losses? If not, it hardly seems fair for you to be taxed on your gains.
811  Bitcoin / Bitcoin Discussion / Re: the Free Software Foundation accepts bitcoin donations!??? on: May 06, 2011, 10:55:05 AM
Here's the FSF's non-blog Donate page, listing their Bitcoin address:

https://my.fsf.org/donate/other/
812  Bitcoin / Bitcoin Technical Support / Re: Question about wallet backup. on: May 06, 2011, 09:54:16 AM
I i generate 100 receiving addresses, and make a backup of my wallet, does it matter if I receive 100 transactions or even 1000 transactions to those addresses? Will my backup I made after getting the 100 addresses still pick up everything? It only generates more addresses when I send a transaction.
Correct. There's nothing new to backup after someone sends payment to your receiving address, because it goes into the block chain and not to your computer.
813  Economy / Marketplace / Re: Reverse auction: one youtube account on: May 06, 2011, 09:48:18 AM
...nor do I want to accept their user conditions.

Just let your cat accept the T&C.

814  Bitcoin / Bitcoin Discussion / Re: Massive time since last solved block... on: May 05, 2011, 09:26:10 PM
It's just you, doood. In case of doubt, you can always check the chart at
http://www.bitcoinmonitor.com/
which shows 10 blocks solved in the last hour.
815  Bitcoin / Bitcoin Discussion / Re: Immunity to sit-in-strike extortion by mining unions? on: May 05, 2011, 09:18:59 PM
Some of the miners will also be retailers or exchangers, and will have an interest in getting transactions into blocks.
816  Bitcoin / Bitcoin Discussion / Re: Vote to get bitcoin on Fox's Freedom Watch! on: May 05, 2011, 08:32:33 PM
BTW, if this gets ranked 3rd and if I do get contacted, would anyone strongly object to me forwarding them gavin's email address in case they want to do an interview?

According to bitcoin.org, the email address you should forward is that for the "Press mailing list for presentation and interview requests", which is bitcoin-press at lists dot sourceforge.net
817  Bitcoin / Bitcoin Discussion / Re: Bitcents? on: May 05, 2011, 04:10:36 PM
It's all about psychology, 100 Bitcents sounds more even though it's exactly the same amount as 1 Bitcoin, so unconsciously you think that you make a better deal even though you're not.

By that line of reasoning, why say 100 Bitcents when you can say 100000000 Satoshis instead?
818  Bitcoin / Bitcoin Discussion / Re: Bitcents? on: May 05, 2011, 03:15:08 PM
People are more interested buying 100 Bitcents or 1000 Bitmills for $3 than 1 Bitcoin for $ 3, right?

I don't think so. Google stock sells just fine for hundreds of dollars. You could try an experiment over at #bitcoin-otc if you like.
819  Bitcoin / Bitcoin Discussion / Re: Bitcents? on: May 05, 2011, 02:52:32 PM
1.02 - One bitcoin and two bitcents
0.001 - One millibitcoin (nickname "one Millie")
0.000001 - One microbitcoin (nickname "one Mike")
0.00000001 - The bitcoin base unit (nickname "one Satoshi")

Quote
Is Bitcent the official term for a hundrendth of a Bitcoin?
Nothing is official.
820  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: May 05, 2011, 01:11:37 PM
bitcoin has surpassed Liberty Reserve in terms of google search volume
Half of those searches for "Liberty Reserve" were probably by people trying to fund their MtGox account.
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