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News: Latest Bitcoin Core release: 29.0 [Torrent]
 
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1  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: December 30, 2015, 02:17:31 AM
Got it, thanks!
2  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: December 30, 2015, 02:04:16 AM
Class Action? How/where/when? sign me up.
3  Economy / Exchanges / Re: is Cryptsy about to fold over??? on: December 30, 2015, 01:48:32 AM
Cryptsy has the largest Doge trading volume now. Doge price there is 30% higher than other markets.

Isn't this too enticing for criminals to resist?

1)  Stop withdrawals for major coins, trap user's fund.
2)  Allow Doge coin withdrawals, in small amount. Suckers (a.k.a customers) will rush to convert other coins into Doge.
3)  Doge price is sky high.
4)  Steal customers' BTC/LTC to buy cheap Dogecoin elsewhere.
5)  Sell those stolen Doge back to customers
6)  Profit

Their best hope now is Doge coin's sudden collapse, making their liability go away, good luck with that.
4  Economy / Exchanges / Re: is Cryptsy about to fold over??? on: December 29, 2015, 01:03:19 AM
Since they offer USD trade, it sounds like they are a US "registered" exchange --- whatever that means. 

They also have those kind of creepy "identity verification" process.

Which authority is overseeing this kind of exchange and their operations?
5  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: May 08, 2015, 04:17:01 PM
Can you feel it? can you smell it? something big is getting closer ...
6  Bitcoin / Press / Re: [2015-05-06] CS - BIT's Shares Officially Begin Trading on Public Markets on: May 08, 2015, 04:12:29 PM
...

Latest update is 280 (ETF) BTC sold between $400 & $660....

Holy cow, now it's trading at $53 per share, that implies a coin price of $530+  Shocked
7  Bitcoin / Bitcoin Discussion / Re: the usage of Bitcoin now on: April 24, 2015, 03:50:36 PM
Interchangeability between bitcoins and gold/silver is a very important factor. As long as they are tradeable, btc can be viewed as a mean of store-of-wealth. 
8  Bitcoin / Bitcoin Discussion / Re: Kraken to honor Mt. Gox bitcoin claims on: April 24, 2015, 03:46:48 PM
I may have missed something, but why are Kraken doing this exactly?

You haven't missed anything, they aren't doing it, at least not honouring entire claims. Title is misleading.

What they are doing, is handling reimbursement of the 200K BTC that was "found". I.e. users may get back ~20% of their funds.

Even they are only handling the distribution of "found" coins, that still requires investing certain amount of resources and efforts. I applause some one is taking up this responsibility.
9  Bitcoin / Bitcoin Discussion / Re: Factom Will Sell Up To 100% Of Its Bitcoin Reserves on: April 17, 2015, 03:37:08 AM
It's a indicator of vision and confidence in their parent project for those so-called bitcoin2.0 participants. Sad, really.
10  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin? on: April 17, 2015, 03:33:54 AM
Bitcoin is a unique experiment testing decentralized trust and other aspects of human behavior in a community/society setting. Nothing else like this existed before.
11  Economy / Economics / Re: Bitcoin or gold? on: March 20, 2015, 07:02:00 PM
Bitcoin is pure money, it does have some advantages over gold.

However Gold has been tested for thousands of years, Bitcoin still needs to prove itself both technology and sociology wise.
12  Economy / Economics / Re: How many bitcoins do governments and central banks own? on: March 20, 2015, 06:58:20 PM
be careful what you wish for  Wink

Quote
This Comment introduced Bitcoin in conjunction with the history of the
International Monetary Fund in order to demonstrate the possibility of future
conflict
between the two. The peer-to-peer, decentralized, and largely
unregulated system that is Bitcoin contains the potential to threaten the global
economic stability
that the TMF was created to protect. The threat posed by
Bitcoin is, for the moment, only theoretical. But as more and more people come
to understand the advantages of digital money over paper money, the threat it
poses becomes increasingly real. If the future of e-commerce entails a transition
to digital currencies, it is critical that our economic, political, and legal
institutions are prepared. Recognizing the importance of Bitcoin in the context
of digital currencies is the first step in understanding how to best plan for the
future.
How, when, and to what extent it will grow remains to be seen. But the
potential consequences of widespread adoption of the Bitcoin are already
palpable. In order to guard against the global economic destabilization that could
occur if and when the world decides to adopt digital currencies, we must
consider ways in which our national and international institutions can guide that
transition in the here and now. At present, the IMF has at least two options. It
can attempt to exercise indirect control over digital currencies vis-A-vis its
member nations by expanding the scope of Article IV, Section 5 of the Articles
of Agreement. Alternatively, it can attempt to exercise direct control over digital
currencies by offering them a form of quasi-membership status, where increased
legitimacy is traded for Bitcoin users' business.
Regardless of which measure is chosen, the potential need for a method to
combat speculative attacks using Bitcoin is clear. As the Internet continues to
play an increasingly important role in how we conduct commerce, our
institutions have to adjust to the new challenges this change creates. The
evolution of Bitcoin is no exception. Although still in its nascent stages, Bitcoin
and other digital currencies like it are projected to become important players in
the future of e-commerce. The time to consider how to prepare for that future is
now, before practical problems arise.

http://chicagounbound.uchicago.edu/cgi/viewcontent.cgi?article=1407
13  Economy / Service Discussion / Re: WARNING!!! Bitstamp not processing bitcoin withdrawals! on: March 05, 2015, 07:11:08 PM
It's probably too early to become panic, besides there's not much you can do at this point...
14  Economy / Speculation / Re: bitcoin price is starting going up now on: March 05, 2015, 07:08:25 PM
The upside potential is limited for now, as USMS still has 44K left for auction.  Next halving is still more than a year away, will become more interesting then.
15  Bitcoin / Armory / Re: Armory - Discussion Thread on: February 25, 2015, 11:54:24 PM
The latest version has memory leaks, badly. It consume 15.8 GB of my 16 GB Windows memory, every time.


What's Armory's RAM usage? I think you are confusing RAM used by the process and in use memory pages. The OS won't shy away from filling that up when a lot of access is performed on mmap'ed files, which will happen a lot during a DB scan. That doesn't mean the RAM is in use, it means the OS is chugging unused RAM to shuffle file data in and out of it. If a process was to ask for more RAM it would get priority over this memory.

The OS has no reason to empty this memory once Armory is done scanning. For all it knows, Armory just asked for intensive access to this data, so the OS expects it will again. Unless other processes start asking for more RAM or Armory is closed, the OS will keep these unused pages filled with the DB's mmap'ed files.

I think you are correct. It's probably not a memory leak, ArmoryQt itself only uses 300M, on top of bitcoind's 500M.  However it's still scary to see so much memory being mmap'd, rarely have I seen this before.

Thanks for pointing that out.
16  Bitcoin / Armory / Re: Armory - Discussion Thread on: February 25, 2015, 10:31:26 PM
The latest version has memory leaks, badly. It consume 15.8 GB of my 16 GB Windows memory, every time.
17  Other / Off-topic / Re: Scientific proof that God exists? on: February 25, 2015, 10:04:26 PM

No such thing as electromagnetic life just so you know .....


What's your definition of "life"?  How many of these criteria has to be met?

1. Consume energy
2. Increase environment entropy
3. Has boundary
4. Can reproduce
5. Can die
....

Is computer virus a genuine life form?

18  Bitcoin / Bitcoin Discussion / Re: US Marshals for sale: 50,000 bitcoins on: February 25, 2015, 05:08:42 AM
So after this 50K, how many more SR coin left at USMS?
19  Other / Off-topic / Re: Scientific proof that God exists? on: February 25, 2015, 05:00:18 AM
Just watched Morgan Freeman's latest wormhole, our ocean is alive. One huge life form connected by microbes and a nerve system. There you have it, the God who raised us.

Electromagnetic life forms predates hydrocarbon based life forms billions of years, they exist in the stars, metal cores of planets, galaxies and the vast span of the intergalactic space. They are many orders of magnitude more advanced than us. They are God.

20  Other / Politics & Society / Re: EU and Greece talks fail! another cyprus moment looms! on: February 17, 2015, 06:02:58 AM
Most people in the market no longer expect BTC price responding to this kind of events, but... you never know, expect the unexpected.
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