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961  Bitcoin / Bitcoin Discussion / Re: Is bitcoin democratic? on: November 30, 2012, 09:39:47 AM
We all agreed to the same contract, but that is not the same as voting.

You are speaking to the wall because some falsely believe there's voting in Bitcoin..  Roll Eyes
962  Economy / Service Announcements / Re: [ANNOUNCE] Bitcoin Fog: Secure Bitcoin Anonymization on: November 29, 2012, 05:59:54 PM
+1 Hazek
It was MY stupid mistake in excel sheet ...  please remove my post from yours(quote) too ... i recommend this service and will use it again for sure

I'm glad to hear it! Wink
963  Other / Politics & Society / Re: national minimum wage LAWS. good or bad? on: November 29, 2012, 04:09:14 PM
I agree with the latter two points, but how does a low fixed price lead to higher prices?

MAXIMUM wage is fixed up, not down. If employers are forced to EARN more what that job is worth, they'll transfer that cost onto the consumer -> higher prices.
FTFY.

Actually I did make a mistake but you didn't fix it. It should have said:

I agree with the latter two points, but how does a low fixed price lead to higher prices?

Minimum wage is fixed down, not up(it should be lower but isn't allowed). If employers are forced to pay more what that job is worth, they'll transfer that cost onto the consumer -> higher prices.
964  Bitcoin / Electrum / Re: Electrum - Bitcoin client for the common users (friendly and instant) on: November 29, 2012, 03:03:33 PM

I read that but it doesn't have any specifcs. I'm asking about exact conditions that determine when recovery stops creating addresses but I guess I should just read the code as that's what we expect each user to do, right?

The help says: "The gap limit is the maximal number of contiguous unused addresses in your sequence of receiving addresses."
As a corrolary, the recovery stops when no more address can be extracted without violating this condition.

I am sorry if that is not clear for you. If you find a better way to explain it, in a reasonably concise manner, please make a constructive proposal.


Propolsal: Call it a buffer not a gap(makes significantly more sense to me to call it a buffer), and replace contiguous with a more simple "next"

Quote
"The buffer limit is the maximal number of next unused addresses in your predetermined sequence of receiving addresses created from your seed."
As a corrolary, the recovery stops when no more address can be extracted without violating this condition.
965  Economy / Speculation / Re: after the 15.40 crash i put this now is the time to see if i was wrong or not on: November 29, 2012, 02:51:25 PM
lol human nature and patterns  Roll Eyes so funny  Cheesy
966  Economy / Economics / Re: Thorium power, how is it going in the US? on: November 29, 2012, 10:45:54 AM
We won't run out of it any time soon. The earth's crust is estimated to contain over a trillion tons of thorium, where each ton is capable of producing a gigawatt-year of energy when burned in a LFTR. Compare this to the number of tons of coal a 1 GW power plant needs to consume in a year.
In fact, if you collected the ashes from a 1 GW coal power plant produced in the course of a year you'd find 13 tons of thorium.

In other words the usable energy content of coal is 93% nuclear and 7% chemical and right now we're completely ignoring the nuclear energy.

 Shocked

FU psychopath politicians and the military industrial complex!
967  Bitcoin / Press / Re: 2012-11-28 theverge.com - Total number of Bitcoins hits 10.5 million, production on: November 29, 2012, 12:50:24 AM
Good article and a lot of comments already. Comments range from bad to good but one thing is clear, there are people who want to understand Bitcoin but find it hard to understand. That is a problem we must address.

Yep I agree with this.
968  Bitcoin / Bitcoin Discussion / Re: How many Bitcoin users are there? on: November 29, 2012, 12:48:52 AM

An article based on a false premise coming to a wrong conclusion.
969  Bitcoin / Bitcoin Discussion / Re: Press Release about Halving Day on: November 29, 2012, 12:15:04 AM
There's nothing wrong with Bitcoin being boring you know.

I couldn't agree more, especially when Bitcoin Foundation talks about it.
970  Other / Politics & Society / Re: national minimum wage LAWS. good or bad? on: November 28, 2012, 09:22:13 PM
I agree with the latter two points, but how does a low fixed price lead to higher prices?

minimum wage is fixed up, not down. If employers are forced to pay more what that job is worth, they'll transfer that cost onto the consumer -> higher prices.
971  Bitcoin / Bitcoin Discussion / Re: Press Release about Halving Day on: November 28, 2012, 09:03:26 PM
Does anyone know about the Bitcoin foundation working on a press release on the halving day?

A press release has been posted from the Bitcoin Foundation:
http://www.prlog.org/12032578-bitcoin-community-celebrates-halving-day.html

And a post on the foundation blog:
https://bitcoinfoundation.org/blog/

Happy Halving Day!

Terrible press release. There's no deflation in Bitcoin aside from coins being lost, then it doesn't make it clear that the halving was planed for by the code from the beginning but leaves room for someone to believe Bitcoin Foundation had something to do with it.. It's also a shame it's hyping a small price increase of maybe 5cents as 1% rise in exchange rate and with expectations of even further rising.. And who are those miners you speak of with that "deflationary" theory?

This was their chance to really shine, write an objective press release merely to comment on something they were merely observers of and they blew it. Bitcoin magazin did a much better job, maybe next time just spend some of those donations and buy a release from them.
972  Bitcoin / Bitcoin Discussion / Re: BitInstant welcomes Alex Waters to its NY team on: November 28, 2012, 04:14:30 PM
I'm honored to join the Bitinstant team. It is a pleasure to be surrounded by the many brilliant, friendly, and interesting individuals who make up the Bitcoin community.

I am also very excited to focus on programming, and to help the community as much as possible. We are so lucky to be involved in a technology as awesome and profound as Bitcoin.

Cheers to all the Bitcoiners out there who are making this possibility a reality.

Congrats.
973  Bitcoin / Bitcoin Discussion / Re: Happy halving day on: November 28, 2012, 04:04:26 PM
[obligatory post in historical thread to show to grandchildren]

obligatory +1
obligatory this

Someone on reddit posted:
Quote
One small integer division for a CPU, one huge leap for mankind.
974  Bitcoin / Bitcoin Discussion / Re: 210000 block found on: November 28, 2012, 03:57:27 PM
The user from slush pool who found the block is: luckyshare.

according to slush he's pretty new on the pool and is mining with average gpu.

congrats, luckyshare.

Congrats!
975  Bitcoin / Bitcoin Discussion / Re: Is bitcoin democratic? on: November 28, 2012, 03:48:11 PM
What has Bitcoin got to do with Anarchism? By its very nature it's highly structured, has lots of rules, lots of principles, as well as leaders (of sorts) -- it's the total opposite of Anarchism.

Anarchy doesn't mean chaos, it means no rulers. There are no rulers of Bitcoin, but plenty of community leaders who wield only social influence.
...

And Democracy has rulers? Who?

The majority.
976  Bitcoin / Bitcoin Discussion / Re: 210000 block found on: November 28, 2012, 03:44:15 PM
Number Of Transactions    457
Output Total    25,421.70093021 BTC
Estimated Transaction Volume    5,641.99105494 BTC
Transaction Fees    13.56295554 BTC
Height    210000 (Main Chain)
Timestamp    2012-11-28 15:24:38
Received Time    2012-11-28 15:24:55
Relayed By    Slush
Difficulty    3,438,908.96
Bits    436527338
Size    194.4580078125 KB
Version    2
Nonce    4069828196
Block Reward    25 BTC

Congrats to everyone and congrats to the miners of the Slush mining pool! (can someone confirm if they actually found it?)
977  Economy / Digital goods / Re: *****Eve online ISK for Bitcoins***** on: November 28, 2012, 11:30:54 AM
man 0.7 btc sure is tempting but I just can't go back to this game, it just took too much time from me. Also the style I played is a bit boring without a good group and I just can't see myself spend the time necessary to find one again.

Lol yeah, but if your looking to get acquainted with some good groups. I could put lead to towards that direction Smiley

I'd actually prefer to sell my two accounts. I have two chars, a scout/transport/stealth bomber and a heavy assault pilot with 20mil something sp I think, both gallente, and 750m - 1,5b worth of assets. Both capable of flying everywhere. Interested?
978  Bitcoin / Bitcoin Discussion / Re: Please test (if you dare): next-test 2012-11-25 on: November 28, 2012, 11:22:19 AM
Is it normal for QT to take up 900mb of ram?

No (unless you're just talking about virtual memory). What OS are you on?

Your earlier post makes me think there is some memory leak or resource leak of some kind (locks in LevelDB maybe).

Win7 64bit, I was talking actual RAM, it's ok now, it takes up around 180mb but during the blockchain download it went up to 918 then later on hovered around 700 and it crashed before I woke up. After the crash it didn't seem to ever go that high again so I have no idea..

Would you like my log file?
979  Bitcoin / Press / Re: 2012-11-27 What Has Changed - Fred Wilson on: November 27, 2012, 11:17:15 PM
This is what the OP meant I think:

Quote
Teemu Kurppa  takingpitches • 2 days ago
I've been following a few Bitcoin companies here in Finland, and as an earlier Bitcoin sceptic, I was surprised how much activity and money there is already in Bitcoin economy. I think a lot of investors are underestimating what's going on in Bitcoin world, because it's still so far away from the mainstream.

But many truly disruptive things were viewed as toys or pure idiocy in the early days. I'm speaking from the experience here. When we started Jaiku, a microblogging service similar to Twitter, in 2006, before Twitter and before Facebook's activity stream. At that time, a lot of people said that broadcasting and reading short mundane thoughts was the stupidest idea they had ever heard of. Fast-forward a few years and hundred of millions of people are doing it everyday.

Based on what I've seen, I'm starting to think that Bitcoin might be a similar phenomenon.
5  •Reply•Share ›
Quote
fredwilson Mod  Teemu Kurppa • 2 days ago
Yessssssssss
980  Other / Politics & Society / Re: national minimum wage LAWS. good or bad? on: November 27, 2012, 09:08:35 PM
Any type of price fixing is bad because it leads to higher prices, poorer quality and shortages.
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