Bitcoin Forum
September 19, 2019, 11:47:01 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Could a Nobel prize in Economics reveal the true Satoshi? on: November 09, 2015, 09:39:14 PM
This could come off the world of weird but, here it is. Satoshi Nakamoto is nominated for a Nobel Prize in Economics. What do you think? Could this be the catalyst to reveal who's behind the Bitcoin revolution?

Quote
The Nobel Memorial Prize in Economic Sciences is, as with most Nobel prizes, quite a big deal. Past laureates are a who’s who of economics—and starting in 2016, that list could include the inventor of Bitcoin. Assuming, of course, someone works out who that is.

Satoshi Nakamoto is the widely recognized inventor of Bitcoin. They published a 2008 paper outlining the concept, and wrote the original software the underpins the internet’s most popular digital currency. But Satoshi Nakamoto is a pseudonym, and despite some intense on-and-offline digital snooping, no-one knows anything at all about Nakamoto.

That hasn’t stopped UCLA Professor of Finance Bhagwan Chowdhry from nominating Nakamoto for the 2016 Nobel Prize in Economics. In a Huffington Post article, Chowdhry explains his choice:

The invention of bitcoin — a digital currency — is nothing short of revolutionary...it offers many advantages over both physical and paper currencies. It is secure, relying on almost unbreakable cryptographic code, can be divided into millions of smaller sub-units, and can be transferred securely and nearly instantaneously from one person to any other person in the world with access to internet bypassing governments, central banks and financial intermediaries such as Visa, Mastercard, Paypal or commercial banks eliminating time delays and transactions costs.

http://gizmodo.com/the-unknown-inventor-of-bitcoin-nominated-for-the-nob-1741375309
2  Other / Meta / "THE LIST" on: April 10, 2015, 02:45:34 PM
Since Theymos has declared "Newbie Jail" obsolete, there are a lot of annoying posts; mainly to Wall Observer thread, but also everywhere on this forum. Most of them are sockpuppets (ie: clone accounts of one person and/or a team).

I've decided to publish my ignore list. It will keep the place clean for you and keep the useful posts visible. Please keep in mind that this is an ongoing work and will be revised every day. If you feel like contributing with additions and/or removals, please do so. The idea is to narrow down everyone who doesn't fit in and keep them out.

Thanks for reading & using.

"THE LIST"
Code:
dakota neat
kenji
mmitech
ShroomsKit
JohnPercent
bromide
sporket
FatherBob
Cassandra_PR
Anotherthing
Silverspoon
NotLambchop
Ask Ken About Love
YourMother
William Henry Gates
Son0fLamb
Jammalan the Prophet
Warren Buffert
NotHatinJustTrollin
Wandererfromabroad
bitards
ChildPr0nzUsers
JihadCoinz
fuckoffstolfi
Hellomoon
Errydayrally
MightAsWellIgnore
AnotherAccount?
NewbieJailIsBadMmkay?
trelelel
EVOLUTION_A*D*M*I*N
SilenceOfTheLamb
BullTardLogic
Boooooooooring
btcponzieeg
bitcointoda0
ButVentureCapitaaaaaaal
IDKwhatisgoinon
not10kyet
AlmostThere881
BITIsHere!!!!
CatFromhere43
Basta101
NotHatinAndNotEvenTrollin
AnotherIgnore4u
TulipMania Troll
n00bjailnevergonnahappe
DecentralizeAllThePosts!!
DoxThatTroll
widd
Alt Accounts Unlimited
stepthroat
Your other friend
BitcoinFan101
Not a cop
ababab1
The Voice of Reason
Going Greek
LEOCoin Revolution
Fawn 66 -- Bambi Reloaded
asda2
Cattery Redux
Gentle Ben
addmetoTHELIST
Grizzliest Adams
Grizzly Adams has a posse
Blood Of The Lamb
Ababab2
NewPoverty
RWeItc
Julie Naaiers
sishendaoye
And Toto 2?
And Toto too?
Wicked Witch
Auntie Em
screengrid
HemostatX
Surrender, Dorothy!!1!
smile_baby
Ask Ken About Hate
hgfhf885x
BUY now SELL never
Glinda 3
Auntie EmXXX
ftftftt
kenr12
China!
Ergodan
Paranoia-meter
dfsdfs
Chaosoahc
SlowNinja
indicabob
Foilking
GlindaX
uderuser
Dolores Haze
XVn2xW
cEI14b
closed today
s_barhotski
Count Chocula
hndgy
ctnhc
Shtang
cfdtm
Fanbx
Mayer Amschel
rmbku
oWLrAcEz
fakecovers
ricmi
Gnppnx
niiisj
Uyfkk
stoick
UnholyTrinity
Shameless!
AWAKE!!
Cloven
Salamanderer
Hpzew
slowerloris
DOX4BTC
zyklonbob
Sponsored by
WECsvv
TurkistanCoin
atrocity
shit coin
seveneyes
Pooh
wTg0co
~Lambchop
73rr0rcoin
whenanimalskill
McBork
qkmqnm
cropmarks
Whore0fBabylon
pleaseexplainagain
Shipraraty
An Error Has Occurred!
dhpwn
choffmann
klovenhuff
Sinking
Aardvarksarerare
nehodi
Mashennik
StrangerCoin
BrowserCoin
Kaborkian
rararules
NeilDiamond
fishpants
B3H3M07h
New.Dawn.66
WallEye
Aardvarksarerarity
Cinstable
Colostomized
BitcoinExpertd
bitwendy
Jacques_Bittard
Visi0nary!
Beelzebub_PR
cl0s3r2u
bmnzb
Cat_Away
Falcoo0
Moonsturm
Helpful
bb-trading
YourBlondFriend
SevenMacaw
JarvasTechnology
el kaka33
Petek
anonymy
ChemicalCoin
Con2con
Uncool,bro!
insponsored
altoidboy14
lovenlifeladrge
DSongminer
raging_bull
jhwinspiral
Tomorrowland
Changeling
Psyched!
Desolation76
colector22
u527uj
BusinessMachine
mwdrzy
wpOyHb
arabesque
MDBbK6
gGxK86
T6mFo0
pissa
koshachey
Cobalicious
yudayed
xPeyVW
podpolnik
Kot.Begemot
Colostomatic
AmberCam
sterokil
P2Pro
robashen
bradleyj
LD50
TheRealistMassiah
Mistered
Maytag
WilhelmB
molecularod
luckyhash
Superfineco
Blackwulf
blancmangere
andrew67
EvugBo
2doorsdown
cholered
huffington
panic_time!
sayitagain
lu2k6y555
orneryjack
Rev.21
citronfête
GitBit
unbeelzebub
TheLookOutKid
awinner
Ue0KGd
Crumbles
TragicalSam
Tragicbit
hey Stella?
AmericanInternational
Spider-Carnage
SomeTroll
asmal
Dr. F-e
LPBeria
l0ngsh0t
Pullmyfinger
worriedme10
superslug
oCWLAJ
617chpudd1n9
meono
ThurstonHowell
y67x8r
corporeal
CP3G2n
WT7KI8
bitswiper
sospun
solidcloud
PlumPurple
ttbh
T-Hanos
ailingware
lavenderfaith
BitcoinPeople
moneyfix
etnchetnchetnch
BenGobbledore
Fr34d
ElCheapo
Costco
newbie666
Lamb0
bull_scammer
buyingplace
postraumatic
Uschi69
lineartech
capture.png
bobonaut
luxoorius
altered37
chomp@bit
Mobilegut
HelloBitcoin!
Trotterdam
ywgrz3
Suda123
Armanddumal
kryptokattery
braja
ggggsj656
neeCarter
theCoiling
bithcbtbuser
astrido67
bitrhazfuser
dandropolos
undet3rmine
gordiniya
freedompro
Spoolingbit
byzooto
trader102
NZWP
swipeocrat
ow28D3
C42Wqz
Mg4tc7
Problematic
tbnys
Likecandy
Yolalanda
!!! insideyoummm
wmwmvkdvkd
narco_7
Blunderbuzz
ibitusera
misteryed
SomeGuy666

Instructions for Newbies:

Go to Profile
Then Ignore user options

Copy and paste the above names into that magic box.

Presto!
No more trolls!  Grin
3  Economy / Computer hardware / [WTB]/[WTR] your obsolete mining gear (EU area). on: August 18, 2014, 12:15:55 PM
GET SOMETHING FROM NOTHING PROJECT


We want to buy/rent your obsolete gear!

Is your old mining rig not profitable anymore? We may have a use for it! We're building a mining farm and willing to either buy for a Reasonable Price Tag*, or pay shares for your device if you send it to us, as long as it's working properly and you're located into the EU/UK.  

We have the ability to operate a small-to-medium mining farm, at a low cost electricity area, into the EU, which will be monitored 24/7 by certified computer technicians. We guarantee a zero downtime and malfunctions free operation for your gear. We will provide maintenance (replacements of fans, faulty PSUs etc) as long as the gear is fixable and the problem is not huge.

Please understand that this is an experimental "get something from nothing" project and we don't know for sure if it gets profitable. If it doesn't, or you're not happy with your lending income, you may request your gear back and it will be shipped to your door (at your expenses).

Last but not least, our farm area is big, but not HUGE. Please understand that we're looking for a specific number of machines and/or GH/s power. When this number is reached we will stop accepting mining gear and/or offers.

How do you get paid

It's simple. We will set up an account for every mining gear on a mining pool (ie: Eligius, BTCGuild, etc). Monthly mining profit will be divided by 2. We split the net profit 50-50 with you, meaning 50% for us 50% for you.

"How much will this be? How do I know you don't steal my BTCs?"

You will be able to monitor the farm's minted BTCs via a screenshot of the mining account every 24 hours. This will be uploaded every 24h on a site for every participant to see. Every mining gear will be having a percentage according to it's hashing power.

An example:

Say you have provided to us a total of 500GH/s miner(s). If the pool totals up to 5000GH/s in mining power, you will have to get a 1/20 of the total farm gains. That's 1/10 of your provided mining power which will be divided by 2 (50-50 between the farm and you).
Still too complex for you? Say at the end of the month, your miner managed to mine BTC1.0. You get BTC0.5, we get BTC0.5. End of story.

Sales Frequently Asked Questions:
-Do you want my Jalapeno? Thank you, but no. The minimum GH/s is now set to 200GH/s; that means an Avalon (or similar) miner of 200GH/s or greater is the minimum you will have to lend us, or sell to us. The miner should be *FULLY OPERATIONAL* that means you *MUST* include the PSU.

-Shipping costs: are covered by us (Shipping destination is Greece)

-Escrow: I prefer Bitcoinvest from this forum, but any reputable forum member will be fine (you're paying the escrow costs). You can also use this guy here: https://bitcointalk.org/index.php?topic=708658.0

-Non Escrow: We're paying to your address half of the price we agreed:
a) when you mail me the post receipt scan with your nickname forum and date on it handwritten and
b) the package is located into the tracking site of the post office.
The other half will be delivered to you in the same bitcoin address when we receive the unit. If you have a trust of +2 or more from other transactions here, we may agree to pay upfront to your address when a) is verified.

-Paypal: If you have a verified account we can agree to get paid directly to your email for goods/services (+3% will be covered by you).

*Reasonable Price Tag:
-Remember you're selling us a used unit that we can't know for sure it's working properly until we plug it in.
-Remember that a BRAND NEW S3 Miner costs about 350Eur on Ebay (~0.9BTC) and delivers about 450GH/s. That means you must match at least that price when you decide to PM me. Also, please check my signature if you're seeking for the best price in new gen miners.

If you understand and agree with all the above, please PM me with your desired price or post here your questions and/or offers.

Thanks for looking.
4  Economy / Speculation / Can I predict the value of BTC/USD? on: December 15, 2013, 07:43:02 PM
This is a long post and I beg you to bear with me. I have one question for you:

Can I predict the value of BTC/USD?

Lets please talk about a bit of theory here:
Is there a mathematical model to describe a chaotic system? Don't force it. The question is a trap. We must first define what IS a chaotic system. In science, a simple chaotic system can be described by a double pendulum. If one sets it in motion from an unknown angle, the trajectory will be totally different than when you start it from another one. The complexity of the system is enormous even after a few seconds; you can take your peek here (If it isn't visible click below to start it - at the time this was written forum wouldn't let gifs animate):

http://en.wikipedia.org/wiki/File:Double-compound-pendulum.gif

Now; lets make things simpler. Say we can set with a very good precision the initial conditions. We're now talking about a SIMPLE dynamic system here with fully determined initial conditions. Now pay attention: Even if you can set the initial conditions on such a system, small differences have a totally different outcome; so as the time goes by; your predictions are getting enormously difficult to be true, thus rendering the predictions useless. This system's behaviour is called "deterministic chaos" and was first observed by Edward Lorenz who defined it like this:

Chaos: When the present determines the future, but the approximate present does not approximately determine the future. 1

Now; I need to get your attention a bit more:

Imagine an (easy) prediction of the USD/BTC trade value on MtGox within the next 5 minutes. This is a bit tricky as well. Can this model be defined as a "deterministic chaos" model? Do I see hands raising?

-Yes miss tell us:
-No it can't.
-Why do you believe so?
-Because I can read my MACD and RSI and EMAs and can predict the value.

OK. The above is a total BS and I can scientifically certify this. This is simply NOT happening. All the above BS are ways to eliminate errors (read: normalization) of an abnormal value trajectory. As much as you can read those and take the proper decision whether to buy or sell, there's also a great possibility of an average monkey can beat your odds and win more than you by randomly pushing buttons. 2

Do I see another hand raising?

-Yes sir, tell us:
-Yes it can.
-Why do you believe so?
-Because I know certain individuals that can control the market and at a specific timeframe I can control the initial conditions. THEN AND ONLY THEN I can predict the value for the next 5 mins without looking at anything and make a move on selling or buying.

True story. A deterministic chaos system (DCS for short) can be "settled" only under the above conditions. This means you have your pendulum and you have the ability to move it at will WHENEVER you feel comfortable. Then your system can be predictable. After that you can make money and be glad about you, be in a beautiful position of knowing such great movement "factors" of the "system".

The above are my scientific conclusions. I'm not claiming the non-false. If you think otherwise, please tell me your thoughts. I initially wanted to post it on the Wall Observer BTC/USD - Bitcoin price movement tracking & discussion but I thought it was a nice topic to start and maybe, it'll give people the chance to gather their odds before blindly jumping into trading.

Cheers.

1Danforth, Christopher M. (April 2013). "Chaos in an Atmosphere Hanging on a Wall". Mathematics of Planet Earth 2013. Retrieved 4 April 2013.
2Article: http://www.ft.com/cms/s/0/abd15744-9793-11e2-b7ef-00144feabdc0.html
5  Bitcoin / Mining speculation / Who will be mining a year from now? on: October 12, 2013, 09:17:53 PM
It's kinda puzzling but I want to verify this:

According to Genesisblock calc, whatever gear you're going to buy -right now- seems to draw itself obsolete within a year or so. Well; this is a bit puzzling but who will be mining by then? What for? And most importantly, with what gear? I can only think of ONE good reason for one to be mining at this difficulty rising rates and this is an outrageous BTC exchange value with fiat money.

Thoughts?
6  Economy / Currency exchange / New Escrow & Exchange site in Europe - bitcoinvest.eu on: March 29, 2013, 09:08:45 AM
A group of friends of mine have started an escrow service and bitcoin exchange company here in Greece. It targets mostly the Greek and European people market, but anyone can use the services that they provide. They asked for my help so I'm letting you people know.

Services:
1. Escrow at low cost with total anonymity.
2. Buy & Sell bitcoins for you with minimal comission via paypal.] Cash and/or IBAN deposit (see below, Update 2)

If you have anything to propose to make their service better, or you live in Greece and you're at any way involved with Bitcoin, please contact them.

http://bitcoinvest.eu/

Thanks for reading.
7  Economy / Speculation / Last week for BTC-50 Blocks...? on: September 16, 2012, 10:06:14 PM
If my calculations are correct, this should be the last week before block 200,000 is solved. That marks the 25-Block chain and I expect (hope?) two things to happen:

1. ASICs will start to float from anytime now (yes, I think they're ready and waiting just for that).
2. Exchange value of BTC-USD/EUR will go up.

What do you think?
Pages: [1]
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!