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http://alexgorale.com/can-bitcoin-trust-greedy-miners-opinion-on-block-sizeI expect miners to act in their own interests. If they don’t pursue the bottom line to the fullest someone else will. Ultimately, my ideals are a weakness in the competitive mining industry. What fidelity does a miner owe me? How does the market align us on the definition of Bitcoin’s success? Can any of us trust what miners say is healthy for Bitcoin?
If we create a perverse incentive someone is going to pursue it. If miners are coming out in favor of large blocks, it forces me to second guess myself. I haven’t invested millions into mining assets. We both want Bitcoin to succeed. Does their definition of success match my own?
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http://alexgorale.com/bitcoin-block-size-riskThis is 10x the maintenance cost of today. Forgoing the block reward and relying entirely on transaction fees to fund a multi-billion dollar network brings the entrance cost of a transaction to $21. That $21 fee is for the 500,000 or so transactions that occur every day. This number is only the floor. It represents what it hypothetically costs to run the network assuming no one tries to outbid each other. $21 is the price of a transaction for the first half million transactions each day. Each transaction after that waits until the next day or, if it includes a higher mining fee, bumps lower fee transactions down in the queue. Still, that 500,000 transactions is not enough to represent the 3 billion internet users online today.
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That’s the Asset Forfeiture Bitcoin attack – seize your enemies property and use it against them. “If the Department is to continue to be effective, it must think strategically. The stakes are high. The national security and lives of Americans are at risk. The government cannot and will not fail in this important endeavor.”- United States Department of Justice Asset Forfeiture Program, Strategic Plan Since the burden is on you proving your assets are lawful it makes it almost impossible to recover cash from the police. In Philadelphia, over 8,000 forfeiture cases were filed by the city against African American and Hispanic residents. The average take amounted to $550. In Washington D.C., victims of asset forfeitures may be charged up to $2,500 to challenge a police seizure in court. https://www.cryptocoinsnews.com/asset-forfeiture-next-attack-bitcoin |
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United States Imperialism is a side effect of dollar hegemony. US power is not tied to its military, the number of bombs it possesses, its democratic system, unions or a dream. Real power is the US Dollar as a world reserve currency. For as long a nation or people use dollars the Federal Reserve may siphon their wealth at will.https://www.cryptocoinsnews.com/bitcoin-begins-end-100-years-slavery/
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https://www.cryptocoinsnews.com/bitcoin-dead-dumbIgnorance is Not Tied to the Price of a Bitcoin. No matter how badly the critics try to frame it that way. To most critics, this technology may as well be magic. Basing their opinion on the price instead of the technology reveals their ignorance. And that is not their fault. Computer Science is a specialized, creative, field. Most users of technology choose to ignore the happenings “under the hood” of their devices and software. That should not deprive them of their opinions of the devices or software. However, to manufacture clamorous opinions and present them to others while maintaining that ignorance is not only irresponsible but insidious – the literal pretense of knowledge and deliberate misinformation.
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"The person controlling 19,000 of Bitstamp’s coins has a problem. Anyone can follow the coins as they move between addresses. Lucky for them (or not as we’ll see), there exist tools to assist in hiding, disguising, and making it difficult to prove where your bitcoins originate." https://www.cryptocoinsnews.com/launder-stolen-bitcoins/#comments |
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Kelly now calls himself a “creator of a digital currency” that has watched the industry mature from a “from a terrible toddler with a penchant for the illicit to a rebellious teenager with a bright future.” He claims his interest in Bitcoin changed when he stopped thinking of Bitcoin as a currency and looked at it as a payment processor. Brian Kelly said in the same episode that Bitcoin regulation is an acceptable outcome.https://www.cryptocoinsnews.com/tulipmania-2-0-critic-brian-kelly-releasing-book-bitcoin-bitcoin-big-bang/
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I'm happy with what mining has done for me so far but I think I'm done now. I'm parting out my rig:
3x Visiontek 7950 3G -$325 each
2x Sapphire 7970 OC Edition -$425Each
1x Seasonic X1250 PSU - $215.00
1x AMD Sempron 145 Sargas 2.8GHz - $20.00
1x ASRock 970 EXTREME4 - $80 (5 slots for cards)
1x CORSAIR XMS3 8GB (2 4G sticks) - $60
I ran these on an ubuntu system with cgminer for the last 8 months or so. I'll accept LTC, BTC or cash. Shipping will be based upon what you choose.
If anyone wants pictures or skype let me know. I will take best offers and am willing to go lower if someone buys it all.
Localtion: USA
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I can't find anything on the wiki about transaction change.
I know what it is but how does it appear any different than other outputs?
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Please give me your price.
I see them in the $200 - $250 range on ebay. I'd like to stay in that price range.
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$10USD / 1000 words- Any topic you choose.
- Guaranteed to be original work.
- Fast turn around time
- Discount for high word counts / multiple articles
Send a PM if you would like to discuss discounted rates for high word counts/multiple articles. I'd like to do this on a case by case basis. $10 USD equivalent in BTC at time of exchange. These are great for filling out a blog, SEO, or content for starting your website - or use them for college homework (required liberal arts classes? bah). I'm willing to do Escrow. Please post here or send a PM for a sample article.
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Weird question
1.) I backup my wallet.
2.) I generate a new address
3.) Send BTC to the new address
4.) Delete current wallet
5.) Restore from backup
Will I lose the BTC I sent in step 3? Even if I generate a new address it won't be the same public key since a new address generates a new keypair. Or does the keypool address this problem? So I would have to generate enough new addresses to get a new key pair from a new keypool not in my backup wallet?
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I'm sure most of us probably still have these.
Before doing a full inventory I wanted to see if any interest exists out here. If anyone would like to see more please post
Popular Nintendo Titles:
1. Battletoads
2. Ninja Gaiden
3. Metroid
4. Zelda
5. Rampage
16 NES games total. I've also got the system minus the actual system (cables, controllers, light gun, power glove). I turned the case in to an rPi case.
Comic Titles:
Mostly TPB
HellBlaizer
Transmetropolitan
Batman
Watchmen #1
Lucifer #1
And I have Trek Gary Fisher #2 Marlin & a Bontrager helmet I never wore.
I'd be interested in working out a market value Ebay, Amazon, etc. I would like to do escrow either johnK or I have a BitMit account.
If there is interest please post and I'll get a full listing of all the titles, there are many many comics books.
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Is anyone aware of a project that's working on this?
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