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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: April 01, 2013, 11:51:45 PM
rHjeAvjom3v21pBVtto91qQaaNW4xdcuYs
2  Bitcoin / Project Development / Re: Theoretically a branch of Bitcoin including IP addresses in the blocks on: June 26, 2011, 02:41:35 AM
Isnt IPv4 getting superseeded, you know by IPv6.
Whats stopping IPv6 getting superseeded.
The currency can only be backed by pure math to be futureproof.
3  Economy / Trading Discussion / Re: How to daytrade? on: June 25, 2011, 11:55:09 AM
<awesomeness>......</awesomeness>

congrats, you win the internet.
4  Economy / Trading Discussion / Re: what is there to stop TradeHill from just taking all your money and closing shop on: June 25, 2011, 11:47:54 AM
If you have more in there than you are willing to lose, you're doing it wrong.
5  Bitcoin / Bitcoin Discussion / Re: TradeHill - Who we are on: June 20, 2011, 02:10:07 PM
Hey, Great news about getting a Security Audit.

Umm, just dont give them "Read-only" access to our passwords, it doesn't end well. Wink
6  Economy / Economics / Re: The general flaw of fiat money and how its associated with Bitcoins on: June 20, 2011, 01:55:52 PM
Which deflationary currency has failed?

Failed probably the wrong word. Maybe "decided against".

Either way, I don't see many of them around.
7  Economy / Economics / Re: The general flaw of fiat money and how its associated with Bitcoins on: June 20, 2011, 12:34:29 PM
1 BTC has to cross X Wallets in Y Time or Z % of that BTC will vanish.

So I use a client that has been patched to send coins to another address in my wallet periodically. There is no way anyone but me can know all the addresses in my possession, they are anonymous.

The way I see it, yes deflationary currency's have failed in the past, but it was a different, slower world. Bitcoin is a great experiment in how such a system would work in a Global Market, with a huge diversity of participants trading in real time.

Yes, there is a chance that the lessons of the past may hold true, but the opportunity to help give Bitcoin a chance to succeed is way too good to pass up. (And we're having some laughs along the way.)
8  Bitcoin / Bitcoin Discussion / Re: How to use your brain on: June 20, 2011, 03:28:57 AM
The 400k BTC was just Mt. Gox moving the coin from the Exchange Site to a backend server to protect them, nothin' sus.

Only about 3000 BTC were removed from MT. Gox by the hacker, so I think Mt. Gox can wear that.
9  Bitcoin / Bitcoin Discussion / Re: What mtgox number are you? (from DB leak) on: June 20, 2011, 12:37:15 AM
Woohoo, 78.

I remember it like yesterday, I bought in with Paypal, it doubled in a couple of days, sold half and withdrew using paypal and have sat on the rest and waited ever since. Back when bitcoin was fun, now it is just stressful.
10  Economy / Economics / Re: Bitcoin will never be as good as gold and why ultimatly it will fail. on: June 17, 2011, 12:29:04 PM
The value isn't in the Mining, its in the users.

I think it's the same as Desktop Operating Systems. Yes, Linux is probably better than Windows, technically, but the users, and therefore the developers (and vise versa.) just aren't there.

Bitcoin2 will appear, but it will need significant advantages over bitcoin to gain value, and even then it will take many years longer to reach the limited success that Bitcoin has seen so far, because the idea is no longer new, and likely early adopter will be already fully vested in bitcoin. Hmm, probably the same reason the banks and governments aren't jumping into bitcoin.
11  Other / Beginners & Help / Re: Observations of a Noob on: June 13, 2011, 12:23:11 PM
BTW, lets see if anyone has guessed where i live yet? Wink

I for one welcome a fellow Australian, although I'm only getting a pissy 5.5%.

Where bouts are you, I'm down in Sunny Victoria.
12  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: June 09, 2011, 11:01:09 AM
Here's Gavin talking to ABC Radio's excellent PM Show in Australia.

http://www.abc.net.au/pm/content/2011/s3240179.htm

13  Other / Off-topic / Re: At What Price Did You Get Your First Bitcoins? on: June 08, 2011, 11:07:05 PM
14c, got nervous and sold at 26c. (I you wouldnt believe how happy I was at the time, I made $50!)

Bought back in at 76c and $1.76 a few days later. (And i'm holding on for grim life, although the last 12 hours shake the old confidence.)
14  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a digital utility or a currency? on: June 07, 2011, 12:46:23 PM
The  formal  description  of  Bitcoin  on  bitcoin.org  states  it  is  a  currency.

Is the  right  to  mobile phone network airtime a  digital  radio  wave  utility  commodity  that  enables  the  holder  of  the  right  to  communicate  voice  or  data  on  a  Network  over  vast  distances?

Is  the  cryptographic  key  pair  right  to  a  network  working  at  a  high  hash  rate  to  secure  values  attributed  to  a  key  pair  right  a  digital  utility  commodity?

In  short  -  is  Bitcoin.org  a  crypto-commodity  like  MtGox  sells  /  buys  for  fiat  currency?

Does  bitcoin.org  view  bitcoins  bought  from  someone  to  be  bartered  when  exchanged  for  goods  /  services?

Can  bitcoins  be  used  as  medium  of  exchange  in  barter  transactions  for  the  digital  age,  like  pebbles,  eggs,  salt,  gold,  mobile  airtime,  etc.,  have  been  used  in  other  ages  /  different  communities  as  medium  of  exchange  in  barter  transactions?

Or  is  bitcoin.org  proposing  a  rival  currency  to  national  currencies?

Which  of  the  above  would  be  legal  under  the  current  social  contract?


Are  you  a  poorly  coded  bot   that  generates  random  questions   and  has  a glitch  that  makes  double  spaces   ??
15  Bitcoin / Bitcoin Discussion / Re: First Post on: June 06, 2011, 12:43:40 AM
+1 So awesome.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a PoS on: May 29, 2011, 12:28:01 PM
I do not mean to be hateful in any way, but this system just stinks. I am totally on board with the idea that government-issued currency has got to go, and I hope Bitcoin does well.

I downloaded and installed the Bitcoin program. I then looked for a way to acquire Bitcoins.

Bitcoins aren't acquired, they are earned.

How do you earn them?
1. Mine. (Boring.)
2. Sell something useful to someone for bitcoin.
3. Exchange. (mtgox.com et al.)

Just because the internet is all about instant gratification, doen't mean bitcoin is. Unfortunately for we humans we need to earn money by participating in an economy, just is in real life.

(Dont know about you, but when I was born, some stranger didn't just walk up and hand me a fiver, it took a while.)
17  Bitcoin / Mining / Re: a thank you to miners on: May 25, 2011, 08:01:24 AM
Dear miners,

Thank you for adding hashes at such a ridiculous speed
and processing 12.5 blocks per hour.  You're solving
the complaint that it takes too long for payments to go through. 
Keep it up.


Dear other miners,
Thanks for driving up the difficulty and taking those Bitcoins which are rightfully mine.

Sincerely,
-Interfect

This is a joke, right? It is just as valid to say that you are driving up the difficulty for others and taking bitcoins that are rightfully theirs.

Wow, 1000 posts and you still cant spot saracsm. What a way to waste your 1000th post, you could have included a balloon and some cake clip-art.

On topic, go miners go!
18  Bitcoin / Bitcoin Technical Support / Re: EMERGENCY: Bitcoins lost after transfer to address of new "wallet.dat" on: May 22, 2011, 11:07:52 AM
- I rename my old "x_wallet.dat" back to "wallet.dat"
- I start the bitcoin client again (now running on my old wallet.dat again)
- I transfer a certain amount of bitcoins (0.10 BTC in this case) from here (i.e. from my old wallet) to the new address "xyz".
- The payment appears in the bitcoin client, first as "0/unconfrimed", and then, as usual, after some time as "105/confirmed", with increasing number of confirmations as time goes by...
- I close the bitcoin client again
- I rename my old "wallet.dat" to "z_wallet.dat" again.

I hope for your sake this is just a typo.
19  Economy / Speculation / Re: Bitcoin Technical Analysis on: May 13, 2011, 12:56:13 AM
Forecast materialized real well...

New all time high and more to come, given the strength of the rally.

You are a freak! Hope you didnt spend that 50BTC I sent you in feb too quickly, you would have made more off me than my "real" financial advisor, lol.
20  Other / Off-topic / Re: Retroshare on: April 28, 2011, 10:23:25 AM
Just heard about this from Hiro White, hook that baby up with Facebook (so it puts your address for other nodes to connect to) and all your facebook friends can get onto you.

Yeah, a P2P Facebook alternative would be awesome. That way if you add 600 people you don't even know, you deserve the sucky perfomance.

Its been discussed here before about having a WOT enabled client, this project could well provide the framework.
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