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1  Alternate cryptocurrencies / Altcoin Discussion / A list of digital currencies on Wikipedia... on: March 01, 2013, 06:51:35 PM
http://en.wikipedia.org/wiki/Digital_currency#List_of_digital_currencies

Something that might interest you.
2  Bitcoin / Bitcoin Discussion / An untouched market for bitcoins: India. on: February 27, 2013, 02:10:06 PM
http://hi.wikipedia.org/w/index.php?search=Bitcoin&title=%E0%A4%B5%E0%A4%BF%E0%A4%B6%E0%A5%87%E0%A4%B7%3A%E0%A4%96%E0%A5%8B%E0%A4%9C

The Indian people don't even have a Wikipedia article on bitcoins and they are second-most populous country on the planet. Does anyone here speak Hindi? How do we bring bitcoin to these people? Why aren't Indians interested in bitcoin yet?

Edit: I noticed we have a sub-forum for India but it's all in English! Not a sign of native interest!
3  Economy / Speculation / [Updated: 2/28/2013] Mystical Speculation: Bitcoin Tarot Card Reading. V2. on: February 27, 2013, 12:54:08 PM
I will be changing my reading system up: Instead of only using the Major Arcana to read bitcoin prices, I will be using the entire tarot suite which are still correlated with weighted numbers coming from a random number generator. Negative numbers have been included to allow for reversed cards that indicate a limited energy. Additionally, I will be drawing 10 cards in a Kabbalistic pyramid from right-to-left rather than just a general 3. This will give us a bigger picture.

So here are the drawings:

2/28/2013 PST/CST/EST

Interpretation: Prepare to pick up the pieces after a significant dip in price. Today's trend will be bearish. The 1st tier represents the end of a bullish trend with a nail in its coffin. The 2nd tier represents an influx of supply in bitcoins with the bulls full of remorse. The 3rd tier reflects the same. The 4th tier speaks of the enormous greed that will exist in today's market with great foolishness coming from newcomers. However, as the the leftmost card at the bottom reflects, there is still hope among the market's oldest participants. There is still a light at the end of the tunnel. As for today, expect a dip into the $28-$30 range.





2/27/2013 PST/CST/EST

Interpretation: Our overall trend should be continuing as normal: Bullish. However, this comes with certain limits as indicated by the reversed Two of Cups at the top.

The 2nd tier represents the greed of investors on the left and the universe's limitations on the right. There will be large purchases but there will also be large sells keeping true to bitcoin's real value.

Large purchases are also indicated by The Magician card in the Creator Position on the 3rd tier.  However, again, there will be moderate volatility as indicated by the jousting knights in the middle of the 4th and 3rd tiers and The Queen in 3rd tier. The Queen of Wands shows that some people will be letting go of their supply in moderate amounts. This will be balanced out by market fundamentals and bitcoin's core value. The opposing King of Swords represents the bulls who will gladly take The Queen's supply.

Economic troubles in other markets are influencing the bitcoin market as indicated by The Knight of Cups and The Emperor in the Personal Will and Worldly positions in the 4th tier.



4  Economy / Speculation / [Last update: 2/26/2013] Mystical Speculation: Bitcoin Tarot Card Reading on: February 24, 2013, 02:24:08 PM
Using the random.org random number generator with numbers 0-22 and correlating them with the Tarot's Major Arcana, I can give Bitcoin a minimalist tarot card reading. Tarot cards are often used by psychics to predict the future. How well will it apply to bitcoin? Look at the days below.

2/26/2013, 5:30AM EST

The numbers for today were 7, 18 and 22. Using these face values, that leaves us with:

The Chariot



The Moon



The Fool



My interpretation:

As shown by The Moon, there will be a moderate dip today with some stabilization trending upwards -- The Chariot indicates this balance. However, The Fool signifies that some new information may be entering the markets, changing fundamentals.




2/25/2013, 7:34AM EST

The numbers for today were 7, 1 and 7. Using these face values, that leaves us with:

The Chariot:



The Magician



The Chariot:



My interpretation:

The Magician often signifies great power or manipulation. There is a manipulator in our midst and there will be powerful swings in today's price. However, The Chariots in their dual form means all things will eventually come to balance once again on this day. Expect to hold the line as bitcoin stays between 29 and 31 USD in price.


2/24/2012, 9AM EST

The numbers for today were 14, 21 and 8. Using these face values, that leaves us with:

Temperance



The World



Strength



My interpretation:

Bitcoin will go through much needed stabilization today. This will strengthen it as the world begins to acknowledge its existence. The price for today will be sideways.
5  Economy / Speculation / We are down to 44,000-56,000 accessible bitcoins on the Mt.Gox USD market. on: February 22, 2013, 05:48:07 PM
How low can we go in regards to supply? Can somebody pull up that ask/bid chart again? I don't know where to find it.
6  Economy / Speculation / Bitcoin trades higher than 50% of the companies on NASDAQ in market cap... on: February 22, 2013, 12:28:50 PM
There is more money in bitcoin than a majority of the individual companies listed on NASDAQ.

http://www.nasdaq.com/screening/companies-by-industry.aspx?industry=ALL&exchange=NASDAQ&sortname=marketcap&sorttype=1&page=22

We're over the $300 million market cap mark, so imagine we are right in the above list. Feels good, doesn't it?
7  Economy / Speculation / The global stock market is doing really bad. US is in the 2nd worst day in 2013. on: February 21, 2013, 03:05:01 PM
How will this affect the bitcoin market?
8  Bitcoin / Bitcoin Discussion / The block limit will be raised. There are just no ifs or buts... on: February 21, 2013, 09:23:54 AM
Whoever runs bitcoin.org runs bitcoin. Unfortunately bitcoin is not decentralized in this regard. At any moment, whoever runs that site can put up Bitcoin 0.9.0, call it an urgent release and dispose of the block limit. Chances are most of the network would upgrade to it with no questions ask. All the naysayers would be left in the dust and with a fork that wouldn't even be worth a nickel per coin.

I'm sorry. The war is lost. Unless one of you buys out bitcoin.org or defames it to the point that it drops off the front page of Google. There is too much lobbying pressure from Mt.Gox, SatoshiDice and others for the block limit to remain.

I take no sides on this issue.
9  Alternate cryptocurrencies / Altcoin Discussion / Bcrypt in an alternate cryptocurrency... on: February 20, 2013, 01:38:52 PM
http://en.wikipedia.org/wiki/Bcrypt

Can it be done? I ask this because Bcrypt's cipher Blowfish is a notable cipher since there is no effective cryptanalysis on its full-round version. It has been tested since 1993. This may be the strongest, most well-tested hashing function that can be incorporated into a altcoin.

Scrypt on the other hand is VERY experimental. SHA-256 was created by the NSA in 2008. Enough said there.

So, if anyone wants to create a altcoin that uses Bcrypt as its hashing function and within its digital signatures, I will mine it and invest in it -- as long as you don't go crazy with other features. Stay true to the original bitcoin formula.

Thoughts?
10  Bitcoin / Development & Technical Discussion / Hard-forking Bitcoin to SHA-3 from SHA-2 on: February 20, 2013, 11:41:10 AM
http://en.wikipedia.org/wiki/SHA-3

Is it worth doing since SHA-256 was directly designed by a centralized, secretive government agency who may have included a nuanced and hidden flaw?

There are also pre-image attacks against SHA-256:

Quote
There are two meet-in-the-middle preimage attacks against SHA-2 with a reduced number of rounds. The first one attacks 41-round SHA-256 out of 64 rounds with time complexity of 2253.5 and space complexity of 216, and 46-round SHA-512 out of 80 rounds with time 2511.5 and space 23.[1] The second one attacks 42-round SHA-256 with time complexity of 2251.7 and space complexity of 212, and 42-round SHA-512 with time 2502 and space 222.

Would it be hard to switch Bitcoin over to SHA-3? How would it be done?
11  Alternate cryptocurrencies / Altcoin Discussion / I suggest we create a series of cryptocurrencies based on different hashes... on: February 18, 2013, 10:33:57 AM
http://en.wikipedia.org/wiki/NIST_hash_function_competition#Entrants

I suggest we create a series of cryptocurrencies based on different hashes. Why? Because any one of them can be hacked including SHA256 and ECSDA. If we have a cryptocoin for every feasibly-survivable hash function out there, we can always have a cryptocurrency to rely on because at least one should survive for the next century or so. They could all be merge-mined together, creating the ultimate octopod of economic decentralization!

The best hash functions are the ones so good that the NISPT wouldn't want the general public having them. Look at the rejected entrants list of their competition for clues! Some of them the public doesn't even know about!

Personally, I think cryptocurrency can do much better than the NSA-created SHA256.
12  Bitcoin / Bitcoin Discussion / Why bitcoin isn't going to make it: The National Security Agency on: February 18, 2013, 09:41:12 AM
They created SHA256 and they likely have a hold on ECDSA. Historically, they have had a hold on cryptography by over 20 years in future technology. They usurp almost all cryptography talent and beyond before the private sector can even touch it. My gut tells me the NSA already has exploits into all the technologies bitcoin utilizes. I think we're fucked for now. Cryptocurrency may not die as an idea but bitcoin may fall before it can truly succeed.

In order for cryptocurrency to work we need a thriving, free civilization with no hegemony that usurps most R&D and capital. We need the latest and greatest cryptography and we just don't have it.

Bitcoin as it stands may just turn into a fringe money laundering operation for the CIA and NSA before it no longer serves its purpose.
13  Economy / Economics / You think bitcoin is volatile? Look at a price of a Big Mac. on: February 16, 2013, 07:44:36 AM
Is the US dollar really a stable currency? Does it always buy the same amount? Inflation really can't be that bad, can it? Letís look at the price of a Big Mac in the U.S. for years 2004 Ė 2012 according The Economist:

2004: $2.90

2005: $3.06

2006: $3.10

2007: $3.22

2008: $3.41

2009: $3.57

2010: $3.73

2011: $4.07

2012: $4.45

Calculate that into percentage increases:

2005: 5.5%

2006: 1.3%

2007: 3.9%

2008: 5.9%

2009: 4.7%

2010: 4.5%

2011: 9.1%

2012: 9.3%

How is that for a stable currency? Inflation according to the government is supposed to be only 3% or lower! Bitcoin only performs better in purchasing power at this scale. It may be volatile but it isn't has negatively volatile as the US dollar.

References:

http://www.economist.com/content/big-mac-index

http://inflationdata.com/inflation/inflation_rate/historicalinflation.aspx
14  Economy / Service Discussion / Mt.Gox Google Description: "Secure and reliabe Mt.Gox is the Bitcoin solution." on: February 16, 2013, 05:24:02 AM
https://encrypted.google.com/search?client=ubuntu&channel=fs&q=bitcoin&ie=utf-8&oe=utf-8

Kind of a problem, eh?
15  Other / Off-topic / I think Sirius (Martti Malmi) is Satoshi Nakamoto... on: February 16, 2013, 02:13:07 AM
http://blog.sc5.fi/2013/02/sc5er-intro-the-bitcoin-guy/

This was posted a little more than a week ago:

Quote
It was 2009 when I was studying computer science at Helsinki University of Technology. Inspired by libertarian ideals, I came up with the idea of a decentralized Internet currency that cannot be controlled by any government or other single entity. I contacted some guy named Satoshi Nakamoto, who had drafted a technical proposal of such a system just a couple months earlier. He called it Bitcoin.

He was removed from the list of project developers on bitcoin.org in June 2011. The same time Satoshi left. He still owns the bitcoin.org and bitcointalk.org domains.
16  Other / Off-topic / Crazy thread: The quarantine on this planet has been lifted. on: February 15, 2013, 03:55:18 AM
Within the next few decades, extraterrestrial life will become the norm. I have consistent sources I know to be reliable in regards to this. Our governments will fall. Enlightenment will ensue on a level that we cannot currently imagine.

I am putting this here for the record just so I can be considered cool when it happens.

Feel free to speak into the sky using your mind. Just pretend you are broadcasting a message everywhere. Given enough time and if you ask to see UFOs, you will see them. They are waiting for the right moment to reveal the truth.
17  Other / Politics & Society / State of the Union: Obama plans to control and ruin 3d printing. on: February 13, 2013, 02:41:10 AM
He wants to take government malinvestment and form a federal monopoly on the 3d printing industry. This crony capitalism will limit the technology to the whims of government and the military. Any power that could come from peer-to-peer manufacturing is gone from the people.

Thanks, Obama.
18  Other / Politics & Society / Police become the Judge, Jury and Executioner and burned down Dorner's cabin. on: February 12, 2013, 09:57:08 PM
http://www.liveleak.com/view?i=fbc_1360721946


Quote
At 29:30 of the first file you here them decide to "go with the burn"
While law enforcement officials scoured the hillsides above Big Bear Tuesday searching for Christopher Dorner, wardens from Californiaís Department of Fish and Wildlife were called in to patrol the rugged terrain of California 38.

It was on that highway that the officers first encountered Dorner fleeing in a stolen car, engaging the fugitive in a white-knuckle chase in which the ex-cop commandeered two different vehicles, authorities said. The pursuit culminated in what officials described as a wild shootout between Dorner and a state game warden.

The actions by alert wildlife officers may have set in motion Dornerís last stand -- in a snowbound cabin, surrounded by police. The cabin burned to the ground, and authorities believe Dorner was inside.

No due process.
19  Other / Politics & Society / Remote viewing, Korean Nuclear War, The Killshot... on: February 12, 2013, 11:13:26 AM
For years now, a man by the name of Major Ed Dames and his associates have been predicting an event called "The Killshot" by which major solar flares and meteor strikes will hit Earth and destabilize civilization. They do this through a technique that was used in the military called "Remote Viewing".

This "Killshot" was predicted to be preceded by Korean nuclear war: North Korea would strike with weaponry. Relatively close to this event, doomsday is said to occur.

If the Korean-nuclear stuff pans out, I would prepare. Coastal areas will be flooded, totally reconstruction will be required -- if this Dames fellow is right.

This stuff has been predicted for quite awhile... And it correlates with a lot of material. I am stunned.

References:

http://en.wikipedia.org/wiki/Stargate_Project#Ed_Dames

http://www.examiner.com/article/rv-predicts-north-korean-nuclear-threat

http://thekillshot.com/
20  Other / Archival / Delete. on: February 12, 2013, 01:38:21 AM
Delete.
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