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December 09, 2021, 12:07:49 PM *
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1  Bitcoin / Bitcoin Technical Support / 0-fee transaction on: March 06, 2017, 07:38:11 PM
I deliberately created the no-fee transaction from my Armory wallet in order to see how long it would take to be confirmed into the blockchain. indicates something like 23-Inf blocks but the number is some sort of best case scenario.  I think maybe some/most/all miners aren't bothering to include any no-fee transactions in the reserved section of blocks anymore.  I asked the guys and they said they might try to improve that portion of their fee reporting page.  I'm going to leave the transaction alone a while longer to see if it goes through as long as still sees it and doesn't drop it.

I don't think so but will my Armory wallet eventually timeout or something automatically or will I have to take deliberate steps to rectify the situation?
2  Bitcoin / Bitcoin Technical Support / full node; In vs. Out connections on: March 21, 2016, 05:28:46 PM
The default is 8 out connections.  I configure my full node to allow 50 connections resulting in 42 in connections.  Would it be more helpful to configure more out connections?
3  Other / Meta / SSL Server Test results of on: February 25, 2016, 01:26:47 AM
4  Economy / Speculation / new highs possible only after memory fades on: October 18, 2015, 10:21:04 PM
Here's my thought; the next bubble won't really take off strong until after the history of the last bubble fades from memory enough.  Developing fundamentals have to accumulate enough to blur the previous bubble into obscurity.  We aren't there yet.  The current developing fundamentals have a ways to go yet to mask the memory of the last bubble.  New features and functions will attract new users only when they features and functions are "better" enough.  Even then that won't be enough.  The potential new users need to become aware.  New investors won't remember the past performance directly; instead they will look at the charts which remain clearly visible for many years.

If you want Bitcoin to succeed then;

1) don't just sit there and wait for someone else to do the work
2) actively promote Bitcoin
3) avoid losing heart

If you want Bitcoin to fail then please go find something else to do.
5  Bitcoin / Development & Technical Discussion / Re: Fees for full nodes? on: September 18, 2015, 05:34:39 PM
How would one go about getting the software implemented to charge for the high quality full node services I provide?
6  Bitcoin / Development & Technical Discussion / spreadsheet showing SHA-256 calculations in step-by-step detail on: October 03, 2014, 04:46:54 PM now works.  It computes the SHA-256 hash of the null string or a string of up to 55 printable ASCII characters.  It does so from scratch, so to speak; it calculates the 2 set of constants.  All steps are fully revealed demonstrating the intricate details of the algorithm.

Ken Shirriff was my inspiration.
7  Bitcoin / Development & Technical Discussion / Bicliques preimage attack, is it a worry? on: October 02, 2014, 03:20:00 PM
8  Other / Politics & Society / 1933 bank holiday on: September 22, 2014, 05:52:20 PM documents an amazing thing back in 1933.  People listen to President Roosevelt and actually went to make deposits after the bank holiday.  Those days are gone, right?  Nothing like that could happen again.

Can funding government operations via debasing the national currency as opposed to taxes, etc., actually be a sustainable approach?  Is inflation *always* the consequence eventually?
9  Bitcoin / Bitcoin Discussion / campaign to get Amazon to accept Bitcoin on: March 13, 2014, 01:31:15 PM
Post your efforts to get Amazon to accept Bitcoin here.
10  Bitcoin / Press / 2014-03-05 CNBC - Head of virtual currency exchange found dead in Singapore on: March 05, 2014, 07:58:23 PM -- "... rash of suicides ..."; that's disturbing if true and highly manipulative if not.
11  Bitcoin / Press / 2014-02-26 Money CNN - How Mt.Gox went down (with follow-up interview) on: March 04, 2014, 06:18:22 PM
When I read I followed the link to "Share your story: Do you have bitcoins?" which prompted a call from the author Jose Pagliery.
12  Bitcoin / Development & Technical Discussion / maximum unconfirmed transactions on: January 16, 2014, 09:14:06 PM
I hunted around some but didn't find a topic documenting maximum unconfirmed transactions  I've watched for only a short while and saw it peak around 2,690 just before block 280873 was added to the chain (thank you Slush) after some 48 minutes had elapsed from the previous block.

Little things like this entertain me.  What is the maximum anyone has observed so far?
13  Bitcoin / Bitcoin Discussion / Bitcoin penny, nickel, dime, quarter on: December 20, 2013, 06:41:05 PM
I propose;

0.01BTC = Bitcoin penny
0.05BTC = Bitcoin nickel
0.10BTC = Bitcoin dime
0.25BTC = Bitcoin quarter

I give away Bitcoin pennies to friends/family willing to take a moment to create a Bitcoin wallet to encourage them.

I am a member of the Michigan Bitcoin Consortium  There I proposed we contribute to a pot; 1 Bitcoin nickel each.  The pot goes to the next person to spark a local business into accepting Bitcoin.
14  Bitcoin / Press / Did Bitcoin fans hack China's central bank? on: December 20, 2013, 06:22:23 PM

It just doesn't add up for me.  Why risk incurring negative backlash?

Besides which, shouldn't China's central bank have been prepared to handle DoS attack long before this?
15  Bitcoin / Bitcoin Discussion / Bitcoin as diversification on: November 16, 2013, 04:20:57 AM
Age: 55
<1.5% with a desire to grow to at least 10%

My position is, I have deep concerns regarding the US Federal government monetary policies.  I want a hedge against the inevitable inflation coming.  Commodities, e.g. physical gold, are one form of diversification but not without their cons.

*If* Bitcoin flops (seems unlikely) then at <1.5% of my net worth I'll be ok -- one less cruise during retirement.  *When* the inflation hits, if Bitcoin hasn't flopped then it should preserve wealth nicely.

This early adopter capitalization is great but obscures the thought processes of folks around me.  The pressure to take profits is relentless.  If I reach or exceed my target portfolio goal of at least 10% in Bitcoin then to appease my friends/family I will cash out my original investment (unless they've come around to my way of thinking).
16  Bitcoin / Bitcoin Discussion / far future issues on: September 09, 2013, 07:36:08 PM
If we expand beyond the confines of Earth then eventually we will be spread out far enough that the Bitcoin protocol won't be able to keep in sync.  I'm talking about when transactions are initiated multiple light minutes away, e.g. Mars ranges between 4-20 light minutes away from Earth  Solutions will be developed of course but what do we guess they will do?

A small number of explorers far away is not the problem; they will initiate transactions by a proxy on Earth.  When enough settlers are on Mars then they will want to initiate transactions there without having to wait as long as 40 minutes for a proxy on Earth.
17  Bitcoin / Development & Technical Discussion / replace keypool on: September 04, 2013, 07:32:20 PM
Suppose I had a weak passphrase and then changed it to a strong one.  I worry that the keypool during the weak period needs to be replaced.

Am I obliged to create a whole new wallet or is there a trick to consume the keypool?
18  Bitcoin / Bitcoin Technical Support / Windows Bitcoin v0.8.3 still indicates beta on: August 20, 2013, 03:44:45 PM
I upgraded to v0.8.3 on Windows but it still indicates beta.  Do I need to deinstall v0.8.3-beta first for some reason?  Or maybe the Windows version is still the beta build?
19  Other / Off-topic / links to potentially relevant material on: June 03, 2013, 01:30:55 AM
Hearing with testimony from Second Life

20  Economy / Currency exchange / CampBX suggested best practice on: May 17, 2013, 05:04:53 PM
At they say, "As a best practice, we recommend breaking a big deposit down in 2-3 smaller deposits."  What's the reasoning?
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