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1  Alternate cryptocurrencies / Tokens (Altcoins) / Enchant - Make your dreams come true! on: May 24, 2018, 08:27:34 PM
2  Other / Politics & Society / I'm tired of being poor and even worse I'm black on: June 13, 2011, 01:58:40 AM
My stomach hurts so I'm looking for a purse to snatch.  Embarrassed
3  Bitcoin / Mining / Has anyone tried mining with PS3? on: June 12, 2011, 08:00:43 AM
I've heard it performs very well for Folding@Home. Does anyone know how it measures up for SHA256?
4  Other / Beginners & Help / How do pools ensure participants return their successful hashes? on: June 12, 2011, 07:53:12 AM
My understanding is that pools pay participants based on the number of "near misses" they submit while the pool itself is only able to post a successful block if one of the participants submits a hash that meets the current difficulty level.

What's to stop a peer from reporting all of its near misses but keeping the winning hash for itself if it happens to find one? This seems like an ideal strategy since the peer is guaranteed a payout from the pool for all the blocks it doesn't get based on its share, but will also get the full payout for the few blocks it does happen to get.
5  Economy / Economics / Worried about the recent drop in bitcoin value? Looking for a way out? on: June 11, 2011, 09:26:10 PM
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6  Economy / Trading Discussion / MtGox wants nine confirmations now? on: June 11, 2011, 07:26:14 PM
I've been doing a few transfers lately and none of them show up after 6. The last one I did wasn't in until 9 confirmations had shown up. One before I think might have taken 11. I suppose this could be an issue with their server downloading new blocks slower than my computer, but it seems to me they've raised the confirmation threshold. Does anyone know anything about this?
7  Economy / Economics / Over 9000? on: June 10, 2011, 02:58:44 AM
So what do you think? Frankly, I think if the dark pools closed it'd be there already.
8  Economy / Trading Discussion / How long does MyBitcoin take for deposits? on: June 09, 2011, 05:26:59 PM
I have 8 confirmations and still nothing!  Angry
9  Bitcoin / Development & Technical Discussion / There ought to be a way to download the block chain over LAN on: June 09, 2011, 07:45:51 AM
Many BitTorrent clients now search the LAN for peers and download rapidly from them if they're seeding.

Waiting for the whole block chain to be downloaded while you've got another computer with it up to date is aggravating. Now, I suppose I could copy some files, but I'm not sure which ones to copy and frankly I shouldn't have to. Ideally, Bitcoin should use the same technology that BitTorrent clients now use to find local peers. That being said, I'd happy being able to give the client a local IP and have it copy over the first 100,000 or so blocks quickly.
10  Economy / Economics / How until the Bitcoin is over 9000 USD? on: May 15, 2011, 02:42:32 AM
If the sort of growth we've seen this past month continues, it's safe to say that the spot price of Bitcoin will be at least $100. That being said, it could go much, much higher! If the dark pools closed and large buyers were forced to make orders out in the open I'd say it'd be over 9000 within a couple years.
11  Economy / Economics / How can Bitcoin be used to promote ethnic diversity? on: May 11, 2011, 12:35:30 AM
Today business products and even ideas are recognized as worthless if they don't promote ethnic diversity.

Ethnic diversity is quickly being realized as the single most important objective for human endeavor. Fortune 500 companies realize this and have complex plans to encourage diversity. Workers are often sent, on company time, to diversity seminars. For the government, the same is true. Since the 1950s, the United States Federal Government has worked relentlessly to promote integration and diversity in the United States and abroad.

What use is Bitcoin if it doesn't do the same? How can we ensure that Bitcoins are distributed equitably to traditionally underrepresented groups? What is being done to ensure the proliferation of Bitcoin infrastructure amongst communities of color?
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