Wonder where a story like this would go if the guy had a substantial amount of bitcoins stolen/lost by the cops who performed the warrantless download of everything on his smartphone ....? http://www.thenewspaper.com/news/34/3458.aspThe Michigan State Police have started using handheld machines called "extraction devices" to download personal information from motorists they pull over, even if they're not suspected of any crime. Naturally, the ACLU has a problem with this. The devices, sold by a company called Cellebrite, can download text messages, photos, video, and even GPS data from most brands of cell phones. The handheld machines have various interfaces to work with different models and can even bypass security passwords and access some information. |
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By default a client has an option to "generate money". By solving some unmentioned mathematical problems. Which I assumed somebody had to pay something to solve, right? It spends 100% of 3.2ghz x4 (Phenom II X4 955) and in one week I got nothing. WHAT exactly is happening behind the scene if it spends 12.8 ghz every second? Does it brute some hashes to get passwords or something?
To a stranger it looks ridiculous. Generating money either devalues the total bitcoin amount vs dollar exchange rate, or it steals your money. How can you realistically "generate" money??
Generate money option looks very suspicious and it bitcoin software there is no explanation. Bitcoin is open source (I assume WITH all the parts and not something 'valuable' removed), or is a single developer uses thousands of machine to brute something?
I'd like an actual developer to reply. That would be much appreciated.
Thanks.
Did you read even one of the pages of the wiki? To a developer your questions look ridiculous, sorry, but they do. No, it is not a scam. But you just wasted a weeks worth of computational power on a futile exercise ... imagine you just decided to climb Mt. Everest on whim and after getting to base camp said "Eff this, it's impossible, I'm out!" that is the equivalent of what you just did with your attempt at bitcoin mining ... it's not easy, no such thing as free money. https://en.bitcoin.it/wiki/Main_PageReturn to Go, do not collect $200. |
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Can you imagine any economist actually inventing Bitcoin (or similar) ?? Although, some kudos should go to Jon Matonis for championing the cause for monetary freedom for so long on his blog ... http://themonetaryfuture.blogspot.com/We're lucky to have him posting here. |
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What's the plan for recompense if the guy running the server absconds with all the wallets he's 'keeping secure'?
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Would you consider "pool boy" services or light gardening duties also? (preferably shirt off and I can charge for the show)
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It is just hilarious watching some of these ivy-league puffed-up idiots stumbling and tripping over the basics when commenting upon Bitcoins.
It is as I have suspected since getting involved in gold over 16 years ago. They haven't got a clue about the fundamentals of money, some nor about finance, and economics is mostly about money.
Their illusions of grandeur are fading fast as they get left behind by the technological revolution. Many have only got to positions of 'authority' by trumpeting favourable noises for the banksters fiat crap-sandwich status quo. The whole economics profession and industry surrounding it maybe the greatest example of a mis-allocation of precious resources, made possible by centralised fiat monetary systems.
I'm left wondering what these guys would do if they had to earn a real living, it certainly would not be anything technical, perhaps swinging a hammer, pushing a broom ... who knows.
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I like it ... worth working on imo.
Submit a patch when you get it together.
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Mt Gox should make their site easy to replicate by anyone who wishes to mirror it .
The problem is not the site, but getting the infrastructure set up, getting bank accounts set up, etc... They could franchise their brand/model to partners in other locales. And provide a fast BTC conduit between trusted MtGox partners/agents ... as per Thomas Cook, WU or similar. |
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slashme wonders if our dear Sattie knew Bitcoin would be his ticket to reaching mythological status
I'm just anticipating the first "Satoshi Sightings" website ... maybe he's from a distant advanced civilisation that came here to progress things past a dangerous phase into a new era? |
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How much extra to include a mod. with the power cores broken out and soldered into a single 12V line with molex connector termination? (On the PCI-e 1x16) EDIT: As per this diagram, but for x8 or x16. http://blog.zorinaq.com/images/flex-pcie-4x-modified.jpg to do this http://blog.zorinaq.com/?e=44Spec: - x16 or x8 - max. length ribbons - power cores broken out and combined into single Molex be very interested, depending on quality. |
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Hello, my name is George and I just registered here coming from http://paper.li/bitcoinmedia/1290146007 and trying to add my 2 cents. I like the idea of selling/promoting sth. exclusive. Why not campaign for a testimonial (some actor, business person, CEO, etc.) and let this testimonial do sth. exclusive with those who are willing to pay for it IN BITCOINS of course? Let's see here - people could buy: - A day with their favorite actor - A cooking class with Jamie Oliver - A recording session with some famous musician - A studio session with a famous TV personality - etc. Let's find some great incentives, start lobying for them with the respective (famous) people and see where it takes us! George Brad Pitt. Has been known to issue libertarian sounding noises now and then ... and likes the odd round of poker too. |
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Rally still got legs. Why? Since 10/04 when the run started at around 0.7 BTC/USD the pullbacks have been very shallow and short, classic staircase rally just bulldozing through the bids. Signifies a determined buyer(s) chasing the bid up, who seemingly haven't wavered significantly on price as yet. The speculative spike with deep drop and bounce is still ahead of us I'd say, unless they lose their nerve and pulls out to wait for another day.
Put simply, " ...cattle still in the ring ....".
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So things we definitely won't see on Silk Road;
- contracts/bounties to commit true crime hits (including assassination contracts)
- property acquired through theft of any kind (including body parts, stolen bitcoins, etc)
- criminal activity involving victims (including child porn, slave trade, fraudulent schemes, etc)
Things we might see;
- legitimate trade in substances and content that may be otherwise illicit in some legal systems (pharmaceuticals, censored material, leaked explosive govt. documents)
- legitimate trade in radioactive isotopes (maybe there is a market for fringe clean-up around Fukushima)
- legitimate trade in weapons, explosives and other destructive technologies (bio-weapons, chemical weapons)
- trade in gene selection technology for designer offspring and other ethically-questionable, experimental bio-medical technologies, fringe cancer treatments, etc
.....
good summary or wide of the mark?
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Hi,
where is the main server for BTCmine located?
(if it is closer to me than other pools I may switch over)
ciao,
moa.
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A pool with lower hashrate is closer to mining solo, more variance (deviation) but more opportunity for luck ... good and bad.
Horses for courses.
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first time i see this!!
19.04.2011 06:37:23 1h 59m 271975 0.35076570
19.04.2011 04:37:33 0h 04m 8840 None
19.04.2011 04:33:31 0h 20m 46021 None
19.04.2011 04:13:07 0h 01m 2471 None
19.04.2011 04:11:57 0h 07m 17774 None
19.04.2011 04:04:07 1h 41m 232794 0.21063043
19.04.2011 02:23:00 2h 14m 310904 0.45675836
19.04.2011 00:08:07 1h 20m 180335 0.46204564
for an unknown reason my system seems to low its hashrate to the half or even at zero!!!!
but the cards are still working at their full capacity!
very very strange!!!!
It basically means deepbit.net has not received shares from you. |
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-10 for anyone associated with
IP: 69.72.189.147
Why? May need some more qualification when the specifics are known, but be wary for now. |
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-10 for anyone associated with
IP: 69.72.189.147
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You seem pretty heavily invested in this Chinese Bitcoin Patriot Edition fantasy scenario thing you got going on here ... it is pretty far out there as an attack mode and I don't think you have actually pointed to a possible technical remedy that could be implemented ... do you have any other point besides "I don't think it can work because ..." .... ?
I don't particularly have a technical remedy - I think this is more of a social problem. Average people don't mind losing their freedoms - look at the TSA in the US or constant surveillance in the UK. If those people become the majority of the Bitcoin users, they'll happily hand the keys over to whomever asks. Personally, I am interested in the inflation resistance of Bitcoin. I don't believe that the inflationary spending going on internationally right now is good nor fair. The possibility to avoid inflation intrigues me but it also forces me to ask: what will be done about it? All of us should be asking this question because something will be done and this community can either be surprised or be prepared. Too much growth is dangerous. Most people here want to see a large flourishing economy by making Bitcoin easy to use. Maybe that's the wrong thing to do. Maybe keeping Bitcoin difficult and technical is the only way to keep it safe as that promotes a user base formed out of the kind of free thinkers who'd never let a Patriot Edition get on their machines. Good points, it is a social problem and social behaviours are only somewhat predictable so there is large amount of speculation in possible outcomes. But while Bitcoin is technical and difficult it will not be widely adopted so will not be a threat to the current facist fiat monetary system. Hopefully other competing flavours of bitcoin will spring up before it goes mainstream. That is the one other thing the mainstream loves is the illusion of choice .... a blue team and red team to cheer for even if there is no real competition. Co-opting one bitcoin over to the patriot edition will be lengthy and difficult ... co-opting multiple flavours over would be next to impossible I'd say. |
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So after all that .... any update on opinions of how bitcoin should be commonly measured?
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