Latest posts of: yogi

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941

on: October 29, 2011, 06:06:06 PM

Unfortunately today I found out that bitchange is closing. Here is their reasons , you might have to translate it; https://bitchange.pl/informacje/Zamkni%C4%99cie-gie%C5%82dy After the recent closing of exchb is this something we should be worried about?

942

on: October 25, 2011, 03:59:02 PM

This has to be about bitcoin. As to the question 'is this the right way to get people involved', well, if it works, then yes. I think the 'occupy' people should be targeting the bank anyway as i don't personally see trading as a bad thing, as long as its your money and you don't expect other people (the tax payer) to bail you out when it all go's wrong. What do the 'occupy' people think about bitcoin anyway? To them, are we just another example of greed, or do they see us as soldiers of the rebellion?

943

on: October 22, 2011, 02:19:09 PM

Here is the notice on their website:- Notice Transfers made to our HSBC account on or after the 19th which have not been linked to your account will be delayed. HSBC has unexpectedly closed our account. They did so without any warning. We are working on alternative banking options, but of course are having trouble quickly opening a new account. Transfer made into the account after our records stop but before the account was actually closed will be delayed until we can obtain the records.

944

on: October 13, 2011, 11:40:11 AM

I want to buy into cny but i am unable to work out how to use btcchina.com, even using google and yahoo as translators. Has anyone done this without knowing mandarin? if so can you tell me how... thanks

945

on: September 18, 2011, 12:30:25 PM

I believe the volatility of BitCoin is off-putting to many people, especially retailers, as they will need to constantly change their prices. Now a number of exchanges are offering a form of BitCoin shorting. So, would it be possible to create a StableCoin that is made up of 50% BitCoin and 50% BitCoin shorts?

946

on: September 18, 2011, 12:07:08 PM

Thank you for you answer 'kjj', while I believe it would be possible to create a compression mechanism with all the required properties I think the added complexities would not be worth the gain in data size. I have seen an idea called HubCoin which may provide a solution to the scaling problem. It would be interesting to know how much resources the users of the network are prepared to donate in order to predict its tolerance. My resources are limited, and so I will switch the client off when it exceeds:- 2gb bandwidth per month (my ISP limits me to 10gb a month) 0.5ghz cpu (i only have 2.5ghz) 50gb hdd Maybe this would be worth a poll on a separate thread with the aim a generating a network tolerance graph?

947

on: September 15, 2011, 11:55:02 PM

I don't know if this is a good idea or not, someone may even have already suggested it, but... As bitcoin grows and more transactions take place, anyone running the bitcoin client will start having there resources monopolized. They will then stop using the client and the number of nodes will diminish leaving the network vulnerably to bot attacks. So my suggestion is, create a version of bitcoin that rewards people with coins for solving compression problems which would make the network more scalable. Compressed data would consume less bandwidth and less HDD space. Also the electric used to mine would be spent on something useful. What do you think?