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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Economy / Service Discussion / Re: Newbie here: Bitalo reputable? Or risky? on: March 19, 2015, 12:18:25 AM
m3110w: did you ever find out if Bitalo is trustworthy?
2  Economy / Economics / Re: Economic Collapse Headed for U.S. in 2015??? on: March 09, 2015, 11:41:36 PM
Every 6-8 years we have a crash - its known as the Short Term Debt Cycle

http://www.economicprinciples.org/

So yes, we are due for a crash in 2015/2016.
3  Economy / Economics / Re: Banks are Pigs on: March 09, 2015, 11:38:57 PM
Use Blur to pipe your BTC through the Mastercard network. Everyone accepts Mastercard

https://www.abine.com
4  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: March 09, 2015, 09:46:05 PM
That chart does not even work because you would have to implement the bitcoin decline etc.

This is supply inflation, not price inflation.

Sorry for my lack of economic knowledge, but what is the real difference?
5  Bitcoin / Project Development / Re: [ANN] Decentral Host - Decentralized, Anonymous Web Hosting That Accepts Bitcoin on: March 09, 2015, 08:48:31 PM
What kind of page load latency are we taking about? Can work for web apps that do sub second updates of content?
6  Bitcoin / Project Development / Re: 20 BTC bounty for first AT *atomic cross-chain transfer* with Script clone on: March 09, 2015, 08:43:31 PM
http://mercuryex.com/

Trades happen entirely on the blockchain, with no risk of the exchange getting hacked or greedy exchange operators running off with your money. Your private keys are only stored on your computer.

ATOMIC SWAP PROTOCOL

Mercury uses the cross-chain atomic swap protocol to facilitate fully trustless peer-to-peer trading, no trusted third party required.

7  Bitcoin / Project Development / Re: [ANN] Clef is secure two-factor authentication with no passwords or tokens on: March 09, 2015, 08:32:58 PM
I think the OP needs to outline the business model of Clef. How do you guys pay for all the servers and bandwidth? How do you guys pay for the technical and support staff?
8  Bitcoin / Mining / Discounted Heating for Low Income Families in Cold Regions via ASIC Miner Loans on: March 09, 2015, 11:09:24 AM
Has anyone attempted to pay people in cold places to install a compact ASIC like the Spondolies SP20 to heat up their homes?

This is how I see it can work.

1. Load the ASIC up with firmware that locks out the mining pool config from being changed.

2. Provide the "heater" (ASIC) for free, and pay for 50% of the electricity running costs.

3. Effectively mine bitcoins at 50% of the normal electricity costs, with no warehousing costs.

4. During spring, have the residents return the miners and ship them to another region that is now winter.
9  Bitcoin / Development & Technical Discussion / Re: how to handle btc in javascript on: March 09, 2015, 10:56:14 AM
Using integers is the correct way. You only use floats if you don;t know how many decimal places there are.
10  Bitcoin / Development & Technical Discussion / Re: Are there any protocols defined to move the fee from the sender to the receiver? on: March 09, 2015, 10:52:53 AM
All you have to do is pay the receiver (amount - fee). Problem solved.
11  Bitcoin / Development & Technical Discussion / Re: Proof of reserves on: March 09, 2015, 10:49:36 AM
The open source exchange software http://peat.io has a working implementation of this in Ruby on Rails. Its being used by yunbi, coinspark and a few other exchanges.
12  Bitcoin / Development & Technical Discussion / Re: maximum unconfirmed transactions on: March 09, 2015, 10:44:20 AM
Is there graceful handling of that boundary case where miners run out of memory trying to queue too many unconfirmed transactions in Bitcoin Core 0.10?
13  Bitcoin / Development & Technical Discussion / Re: 0 confirmation confidence (of block inclusion) on: March 09, 2015, 10:35:38 AM
Blockcypher has what you need:

http://dev.blockcypher.com/#zero_confirmations
14  Bitcoin / Bitcoin Discussion / Re: Why do you deny evidence? bitcoin has deluded all us on: March 09, 2015, 10:33:43 AM
You can only be deluded by something that you invested in without fully understanding. You do not have to hold bitcoin longer than 1 day to benefit from it as a payment vehicle. If you want to treat it like an investment, than you need to do a lot more research about why its going to appreciate in exchange rate against the dollar before throwing money at something you do not really understand fully.
15  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a virus to humanity, just another thing to manipulate us. on: March 09, 2015, 10:30:13 AM
You can only be manipulated by something that you do not truly understand.
16  Bitcoin / Bitcoin Discussion / Re: Question about the price gap between BTC-E and Bitstamp on: March 09, 2015, 10:29:05 AM
I think that the real reason is that BTC-E charges at least 1% to get fiat deposits processed into an account. THerefore, it makes sense that the price on BTC-E is at least 1% lower than Bitfinex/Bitstamp, who do not charge for deposits.
17  Economy / Micro Earnings / Re: In 2015, faucets are bad for bitcoin on: March 09, 2015, 10:25:25 AM
The problem is that most faucets will not let you withdraw until you reach 0.001, which can take over a week of viewing ads, clicking around and wasting lots of time in general.
18  Other / Off-topic / Re: If BTC goes to $1000 or more, what would you do? on: March 09, 2015, 08:44:47 AM
The last peak was around $1200, so I would expect the next peak to be around $2400. Therefore, I will hold as it crosses the $1000 mark again.
19  Economy / Speculation / Re: Bitstamp is open - now with multisig on: January 09, 2015, 11:36:29 PM
They claim to use multisig now - can someone check if the deposit addresses start with 3 now?

If the not, then the hot wallet is not using multisig - and therefore not much has really changed security wise.

It seems they just migrated from cold storage to multisig for the cold wallet - which does not really improve security that much.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPR] SpreadCoin | True Decentralization (No Pools) on: January 09, 2015, 07:22:02 AM
Mr Spread: Is the Spreadcoin implementation of pool elimination technology the same as 2P-PoW (Two Phase Proof of Work), as described here: http://hackingdistributed.com/2014/06/18/how-to-disincentivize-large-bitcoin-mining-pools/

If the two methods are difference, could you outline what the differences are?

Thanks for your time.
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