Who is running this?  The video quality is terrible and you can't hear a thing.

They should not be allowed to run it next year.

Also anyone know if a better video might be made available later?  I had really wanted to hear the keynote stuff.

Anyone know exactly what is going on?  I don't do investing, but this looks bad.  Far worse than Bitcoin on bad days.

The Dow Jones industrial average tumbled more than 470 points, and other indexes followed suit.

At 7:45 a.m. PDT, the Dow was down about 474 points, or 4.2%, to 10,932. The broader Standard & Poor’s 500 was off 4.4%.

Investors scrambled into Treasury bonds, with the yield on the 10-year Treasury note threatening to fall below the formerly unimaginable level of 2%. The yield dropped to 2.02% from 2.16% on Monday.

http://latimesblogs.latimes.com/money_co/2011/08/global-stock-markets-sink-again.html

I think I found a situation where the Bitcoin Client will double spend.

BACKGROUND:
I sent all my Bitcoins to myself so that I would stop having to pay the 0.005 BTC transaction fee (my money was in very small amounts throughout several addresses).  By consolidating all my money into one address I would not have to pay the fee because my transaction wouldn't be over the size limit.

REPRODUCE:
Send all your coins to several addresses until your forced to pay the 0.005 transaction fee for any transaction.
Send all your coins to a new address in the same client. (Paying the fee)
Before the transaction has 6 confirms (it only has 2 for me) send money to a new address.
It should ask you to pay a transaction fee.

MY UNDERSTANDING:
I believe that this is because it is trying to send money from the old addresses because the new address has less than 6 confirmations.  I think it still see the money in your wallet balance and therefore it is willing to overlook the fact that you have already sent that money.

Of course I could be entirely wrong, but I would like it if someone could look into it a bit more.  At least to give me an explanation of why it happens if I am wrong.

I just got into an argument about Bitcoin on Google+.  I want to make sure that I win this, and hopefully convert someone who didn't like Bitcoin into someone who does.

Bitcoin is worthless.

Messaged you a bet. Put your money where you mouth is.

I had messaged him a copy of the Memory dealers bet (Google it "Memory Deals CEO Bitcoin $10,000).  I offered to put down some money (no where close to $10k) on the same bet.

I do put my money where my mouth is, it's not on bitcoin at all. I don't waste server resources computing hashes. I don't have to deal with the exchange scam/exploit/hack of the month which devalues the 'currency'. I don't have to deal with security issues from people trying to exploit my desktop systems to access my wallet files - there isn't even an authority that can stop people from performing theft. I place no value in bitcoin, because the cost to maintain it far outweighs any monetary gains or existing monetary handling systems.

No central authority == feature.

Bitcoin has actually stabilized because of those hacks. It now has more trading volume than ever, the exchanges are seeing more depth, and the price has remained fairly consistent ($10-13) for over a month now. The hacks scared off all the investors who were just trying to make a quick buck.

Your wallet file is just like your physical wallet. It has to be kept safe. You wouldn't just put your physical wallet on the seat next to you on a crowded train would you? Likewise you (if your smart) wouldn't leave your wallet unsecured on your computer when connected to the "crowded" Internet.

I am pulling this information from a recent talk by the Choas Computer Club.  Also Googlable.  I'll add links later to where I got it.



I would like to (with the help of the community) examine his possible arguments and ways to refute them.  Along with additional ways to refute his current arguments.  I would like to keep this argument civil and logical (although I realize my response was a poor example of this).

[Dark blue plush bunny -- silver eyes]

On behalf of my best friend, I am selling stuffed animal bunnies.  All of her bunnies are hand made and should be fairly durable (i.e. they can be well loved, but they are not indestructible).  They make wonderful gifts.

We can ship anywhere in the U.S. (sorry international shipping isn't avaliable).  Custom bunnies are available upon request (please PM me for details).

---------------------------------------------------------

Dark blue plush bunny -- silver eyes
This bunny is made from very soft, shiny, dark blue faux fur with off-white satin-lined ears and silver safety eyes. It's arms and legs are articulated so it can sit down or give hugs.

It's about 14" tall when standing and has 13" long ears.

Cost: 1.70BTC (shipping included)

If I were to move the files:

• blkxxxx.dat
• blkindex.dat

That would move the block database I believe.  Is this true?  Could I further use this ability to give new bitcoin users a copy of the block database so that they don't have to wait so long to download it from the other peers?

I haven't delved into the source code of bitcoin yet, and honestly, as I do not know C++ I'm not sure how much of it would make sense to me, but from the documentation I have read on the Wiki I think that this could work.

Sorry about he poor wording, I am tired today.