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1741  Bitcoin / Bitcoin Discussion / Re: Bitcoin will probably be dead within 6 years. on: December 15, 2013, 08:10:47 PM
im not worried about block chain sizes.

1.5 years ago the block chain was 8GB. now its 11.. not sure where the OP is getting 10 fold per year from but he is simply wrong in every way imaginable.

at the moment an average of under half of each block is full. in most cases its only 10-20%. if you do your maths of 1mb block per 10 minutes

(6 per hour, 144 per day, 52,500 per year) that is the maximum growth per year if EVERY block was filled right to the top.

52GB per year means in 10 years thats half a terrabyte. wow that only $90 for hard drive at todays prices or even cheaper in a couple years.

so i see atleast 10 years time the maximum storage usage of the block chain is half a terrabyte.

hang on thats 10 years away, i remember just 10 year ago complaining that a 2GB game was extreme.. now look at the new COD:ghosts 30GB.. and no one complains.

this is more evidence that in 10 years hard drives of multiple terrabytes will be cheap, that internet speeds will be alot faster today and no one will complain..

the people that worry about the future are the same people that worry about alien invasions, or that miners in the year 2140 wil revolt and cease mining as there is no more block reward. my reply to them is. stop day dreaming about a future thats too far away to be a problem and probably wont affect you anyways
Um... a year and a half ago, the blockchain size was ~1GB. It's currently over 12GB. https://blockchain.info/charts/blocks-size?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Once max block size is being frequently touched, the limits will be raised again. The blockchain size is already an issue, and running a full node in areas where bandwidth is capped is practically impossible. Satellite ISP, for example, has a ~40GB cap in the US. The blockchain will exceed that size in around a year, possibly less - and that doesn't include the much higher amount of bandwidth consumed relaying transactions and blocks. It's increasingly the case that you can't run a full node unless you live in a city in a country where bandwidth caps aren't allowed by consumers (or maybe the government).
1742  Bitcoin / Bitcoin Discussion / Re: Dont drink and bitcoin. on: December 15, 2013, 03:03:09 PM
Don't feel bad. I was drinking a lot of bourbon a couple days ago. Right as I was about to pass out in bed, I got a request to release escrow. Normally, I'd just wait until the morning, but I was using caffeinated liquid flavor enhancer and apparently decided I was of sound-enough mind. I sent the BTC.... to the wrong address. I quickly deleted mempool in Armory, which completely fcked it up and was too late to prevent the broadcast. Needing to make up for my mistake, I then re-sent the BTC from personal funds. By this point, Armory was completely confused and hadn't registered the transactions internally. Did a rescan and rebuild overnight, and only in the morning did I realize that for the second time, I sent funds to the same wrong address... again. So I recently had to change USD to BTC on Bitfinex to pay out. Guy I accidentally sent to has been non-responsive.

Absolutely the dumbest way I've ever lost $3k. I'd only just started drinking again because my mood improved and I wasn't worried about it becoming some kind of crutch. Now I'm off alcohol for the rest of my life, I think.

ETA: I remember now I also got a call from Craig from Bees Brothers when I finished sending off $3k to a black hole. I have no idea what I said to him. Cheesy
1743  Bitcoin / Bitcoin Discussion / Re: Bitcoin will probably be dead within 6 years. on: December 15, 2013, 02:27:45 PM
So, 3 pages and no one mentions that blocks are limited in size? Once blocks are full there is no 10-fold size increase anymore.
The devs say it's a matter of when, not if the block size is increased again. I say "again" because it's been increased multiple times in the past couple years.

There actually doesn't seem to be any point to the max block size (given it's raised as soon as regular volume frequently bumps into it) except perhaps the worry that someone will create a 100GB block for giggles.


--


Bitpay and Coinbase are far more tempting options for merchants than running a node themselves (merchants used to run their own nodes as Satoshi seemed to suggest, then lost a lot of coins because they didn't have the know-how and time to secure it). So maybe we'll have ~5 online wallets, ~40 exchanges, and ~10 major merchants/processors running their own node on a giant array of hard drives and a direct connection into "the Internet." There is no subsidy for running a full node. You'll pretty much have to do it out of charity unless you can't afford to trust anyone else. For most of us, though, the problem will be that we can't afford to trust no one, which is kinda what Bitcoin set out to solve. 55 total full nodes operating is a garbage set-up. Even if 90% of the blockchain could be reliably pruned, we're going to be at this same point within a couple years - and then what?

I think the real issue with the blockchain, and I think the first coin to solve this issue is going to be that Bitcoin 2.0, is that unlike providing Internet service, there's no way to charge for blockchain service right now. Paying miners really only solves half the problem, though it's the much more immediate problem.
1744  Bitcoin / Bitcoin Discussion / Re: 0 confirm instant transactions on: December 15, 2013, 02:05:21 PM
Credit cards do actually take ~120 days to confirm a transaction. Until that point, a "double-spend" in the form of a chargeback is possible. Of course, for small transactions, nobody gives a damn because people aren't going to commit fraud for so little. In the US, it recently became legal to charge credit card users extra fees for all the risks and fees associated with them, though I think only gas stations currently take advantage of this.

Should a merchant charge significantly more for credit purchases, it may turn into a Paypal situation, where due to the high fees, the number of scammers using it balloons out of control, which leads to more fees leading a higher % of scammers until the businesses simply close their doors. This happened in the Bitcoin community, where Paypal and credit cards are practically banned forms of payment.

If reversible payment mechanisms were more secure, people would be happy to sell BTC for them.
1745  Other / Politics & Society / Re: Drone Air strike kills 15 civilians (on their way to a wedding) in Yemen on: December 15, 2013, 01:31:20 PM
This is why I'm a libertarian: these horror stories will only stop once people take responsibility for their actions.  A part of this responsibility is not allowing other men to commit immoral atrocities in your name.  We're all responsible for these deaths.

I'm not responsible.   The government has nothing to do with me.  They are a racket that steals my money at gunpoint, nothing more.   If a thug steals my money on the street and buys some bullets with it and shoots someone with them I am not responsible.    If I cheered the thug on or made excuses for the murder that would make me pretty immoral which is why I don't defend the government at all.
I think it could be argued that we, as US citizens, ARE responsible (to a much lesser degree -- I don't think anyone would equate a US citizen to the US government) unless we're actively resisting. But I definitely would say it's an "argument," not some self-evident truth.

You know - I think of it in a comparison between the actions of what happened on flight 95 vs flights 11, 175, and 77. On 95, passengers actively resisted and minimized casualties. This was not successfully done on any of the other flights. I don't think anyone would argue they shouldn't have resisted and crashed the plane into a field, and I think the question's really whether or not everyone has that moral obligation to resist (and resist how much?).

If we're paying taxes and not actively opposing laws which allow these kinds of things to happen, then to some degree, whether it's at gunpoint or not, I think we are responsible. We know where our tax money's going. We know these kinds of tragedies happen fairly frequently. We contributed to these fifteen murders in Yemen. I don't think we can completely wash our hands of it. At best, we failed in resistance, and at worst, we didn't actively oppose it.

In the same sentence you go from pinning responsibility for actions which the US government takes without my consent which are absolutely contrary to my moral beliefs ON ME by using the royal 'we', and then you say that you don't think anyone would equate a US citizen with the US government. News flash... the people doing those terrible things aren't doing them because you consent in any way. Want proof? Withdraw your consent. I'll go out on a limb here and tell you that they...the government...will keep on doing as they wish regardless of what you want. And as for being responsible unless one 'actively resists', whatever the hell that means, you're wrong on that count as well. Unless you are willing to accept some of the blame for every rape, every instance of child abuse, every occurrence of mistreated animals, etc, etc, etc worldwide. After all, you didn't 'actively resist' all of them, right? So that means you must be, at least in part, responsible for them... right?
Active resistance was left intentionally vague. The easiest way is to go on welfare. At that point, you are actively preventing rape and murder. The more palatable option is to ensure you never generate enough income to pay an income tax. If you combine welfare with a maximum EITC, you can easily suck more than $20k/yr in funds away from the state. If you have health problems, you can make an even bigger impact. It's all effective and legal, but not effective enough given it's still happening.

And yeah, I'd argue we're partially responsible for every rape and murder which happens. Charities and death squads don't pop up for no reason. Most people feel compelled to prevent those kinds of acts (... I think). I can't imagine any person walking by a rape in progress and just thinking "huh. Sucks to be them. Not my problem. Some camembert sounds good right about now...."
1746  Economy / Digital goods / Re: [wts] Battlefield 4, SimCity EA Origin download codes on: December 14, 2013, 04:36:22 PM
Delivery's set for Tuesday. 7 BF4 codes, 3 SimCity codes left. BTC.05 if you grab a combo-package of BF4 and SimCity.
1747  Bitcoin / Project Development / Re: [BOUNTY] 0.15 BTC per transcript of LetsTalkBitcoin on: December 14, 2013, 04:06:10 PM
[this list will be updated as there's progress. Sorry it's on pg 10.]
12/11/13 update: Back in business. Sorry for the delay.

<snip>
Paused:
<snip>
6 (waiting for input from transcriber)

http://www.scribd.com/doc/191490792/Let-s-Talk-Bitcoin-Episode-06-Cyprus-and-Serendipity

I have re-uploaded the transcript in .DOC format. I'm sorry that there was a few day lag time between Kluge messaging me and me looking into Bitcointalk Forums to see the PM.

I wonder if there is some email notification settings I can change?
Thanks. Unpaused in queue. Should have it finished up tomorrow.

Can receive PM emails by going to https://bitcointalk.org/index.php?action=profile;u=11671;sa=notification and ticking the "Receive forum announcements and important notifications by email" box.
1748  Other / Politics & Society / Re: I am currently country shopping. What are some good ones? on: December 13, 2013, 11:48:10 PM
Man I am thinking you want Argentina. Beef and cheese galore. Wide open spaces, farms, mountains, beaches and a Mediterranean (Californian) climate. You can bribe your way to what you want.

You can get citizenship in Brazil or Paraguay. Then you are feel to live in Argentina. Paraguay might have the best tax arrangement.

Why Asia? For the women?

Colombia is loaded with sexy women.
The Phillipines are getting a lot of mention in the thread and I hadn't previously considered it (I haven't looked at South America at all, though, not because of any particular reservations, but because Africa and eastern Europe seemed most reasonable). I have no interest in women (other than "wife"). The widespread corruption is actually why I was considering South Africa. I'd love to be accepted as a tax-paying person in a foreign country so long as the up-front fees are low. I love the start the US has given me, but I really just don't want to live here. I don't want to have to bribe people to be accepted as an equal citizen in another country, but I'll do it if it gets me out of the major moral dilemma I'm in. All of my reservations toward paying taxes immediately disappear so long as the military is defensive rather than murderous, but most countries have a pretty grim attitude toward potential immigrants.

All I want is a quiet place where I can be eccentric online, earn my money there, not feel ashamed because of where I live, and be a complete recluse "in public." AFAIK, nobody offers citizenship just because a potential emigrant has moral qualms with the government insisting ownership over where they live. Everyone says "well, if you don't like the US, just move," but it's so much harder to do than say.

I'll look into some of the S.American countries you mentioned.
1749  Other / Politics & Society / Re: I am currently country shopping. What are some good ones? on: December 13, 2013, 11:29:44 PM
Then you might do well. If you choose a very religious family, you may find the lady is very appreciative of you and truly so. Because it is how you integrate with the family that matters so much to her.

If your filipina wife will declare the capital gains, the capital gains tax is only 5%! The VAT is 12.5%. The income tax is lower than USA and I think the top rate is around 36%.

You can find a wife here very easily. They will accept and care for your children, if you are supporting their family too.



Oh I read further and see you want an arranged situation. Yeah I am sure you can attain that, but then you need to be careful because you are subject to extortion. I think you would be much better off with the retirement visa, much less risk. You can bring your kids and "wife" in on that same visa. I don't know what the tax situation is on a retirement visa. I think it also depends on your home country. US citizens are taxed on their worldwide income and gains.

You can get meat here, but the beef is not really the most delicious. But it is not horrible. When I say the food is horrible, I mean the prepared food mostly. They import all the cheese. The tropics aren't a great place for raising cows apparently.

On the cheap? The filipinos expect you to support them, not the other way around. Their hospitality is wonderful, but you are paying for it.

The education system is not up to western standards. Too much dancing and not enough mathematics.
Cheesy I'm 22. I don't think I'd qualify for a retirement visa quite yet. Is citizenship possible? I'd certainly be happy to fully renounce my US citizenship if I like the place after looking around, but I'm under the belief that that's impossible unless you're a citizen somewhere else. If nothing else, I'd be fine taking a "come and take it" stance, waiting for extradition from a country I don't want to be in so it can demand taxes I'd refuse to pay, anyway. I'd even be fine bribing the official overseeing my case a few thousand $ per year as necessary (Idunno how common corruption/bribes are there).

I can live with the education system. I prepared a decent home-schooling curriculum about a year ago (up to grade 6, I believe) and just need to fill out the actual lesson plans. If anything's missed, it's easy enough for me to fill in. I already have all the grade milestones I expect daughter to achieve.

I wasn't actually expecting much interaction at all with the fake family -- maybe $100 a month to both the husband and wife to leave us alone? A total annual cost for all this being <$5000, I think, would be quite reasonable to not have to support the US government (and be subject to its laws). That VAT seems quite extreme, but I can earn a fair amount without needing supplies (though if there's any kind of skilled worker visa, I certainly wouldn't meet their demands). In the US, I don't actually pay any taxes due to the deductions... Idunno how feasible that'd be in the Phillipines, though so long as they don't have an "adventurous" military force, I have no qualms paying it.

Thanks again for the responses.

ETA: I was thinking it'd be reasonable to just say the fake wife and husband live with us in a two-family room-mate situation?
1750  Other / Politics & Society / Re: I am currently country shopping. What are some good ones? on: December 13, 2013, 10:54:24 PM
^ Wow. Thanks for the detailed response. "Maybe if you are lucky a really crappy 3G signal that will be down and drop out driving you crazy."  Cheesy That's my current situation in the US. DSL doesn't come out here. I think a semi-stable 100kb/s is pretty fuckin' awesome. Smiley

Are brides and grooms cheap and relatively safe to "rent"? Know if we get to move children? I think I'll look into the six-month tourist visa and see if someone would be willing to put us up on the cheap.

Any words on the tax situation there?

I was actually thinking about asking on the food, but didn't want to cause question overload. I'm a meats and cheese kind of guy, wife's a raw vegetables kind of person (we've never been legally married, so a marriage sham is relatively favorable to us). I'm not sure I could tolerate a 100% crops kind of place, though so long as raw milk and meats are available, we only eat out maybe four times a year, anyway.

I'm a fairly large and intimidating-looking kind of person, paranoid and without much shyness toward guns, so I'm not too worried about disorder (in fact, though I dislike people, I'm quite comfortable in disorder). Davao sounds quite enjoyable. We never go out except for groceries or if begged to by family. We live quite simply, and I don't imagine that ever changing. Out "silverware" is the cheapest stainless steel and will be no matter how much money we have. I was raised strict baptist, so I have no issues living among the hardcore Christians (or Muslims, really, though Idunno if I'd be nearly as accepted, there). Smiley
1751  Other / Beginners & Help / Re: Which escrow service do you favor? on: December 13, 2013, 10:34:08 PM
Paypal's incompatible with Bitcoin whether you use escrow or not unless the funds are held for >90 days.
1752  Other / Politics & Society / Re: What part of the Constitution allows for a tax just for existing? on: December 13, 2013, 10:32:57 PM
If you have no income, I'd guess you're expected (required?) to go on Medicaid. (or Medicare - I can never remember which is which)
1753  Other / Politics & Society / Re: I am currently country shopping. What are some good ones? on: December 13, 2013, 10:05:44 PM
I'm in the Philippines. Smiley A bunch of expats are also living here, including Mr. Tagbond (founder and owner of vtc.com)
Could you give some more info? There seems to be a bit of consensus on the Phillipenes. Family and I want out of the US, too, but haven't found much of a solution considering South Africa is high on the move-to list. Cheesy

Is it difficult to get a residency license (any special restrictions)? Is the Internet infrastructure decent (bandwidth caps common?)? On the political stability issue, are there any significant anti-immigrant factions? How are the taxes? Is rural living comfortable, or is it basically "live in a city or don't expect modern comforts"?

Can look a good bit of this up, but info's usually pretty vague (or flat-out inaccurate), so even if you could only answer a couple questions, would really appreciate it.
1754  Other / Off-topic / Re: Shit things that has happened to you today on: December 13, 2013, 09:43:40 PM
I honestly have nothing to complain about today. Earned some money, had a drink, made some food - family around all day and not a single major argument. Nice and relaxed day. As much as I hate Christmas, I've been in a really good mood for about a week.
1755  Bitcoin / Bitcoin Discussion / Re: U.S. Government Nastygram Shuts Down One-Man Bitcoin Mint on: December 13, 2013, 08:37:47 PM
I'd love to see smart commodities contracts used as money. Imagine a decentralized ledger-based carbon dioxide market. Do you breathe? You're a money transmitter unless you capture your own emissions. That carbon dioxide could float on to terrorists, drug lords, and pedophiles who convert the carbon dioxide into CO2 coins, then exchange the CO2 coins for "real money."
1756  Other / Beginners & Help / Re: How big is the blockchain right now? on: December 13, 2013, 08:22:15 PM
According to the Blockchain.info, the size is 12,107 MB right now. But it can take more space in your system.

That's fine, I was just a bit worried it would be like 50GB and I'd hit my data cap.
You should be careful about running a full node on the PC once the blockchain's sync'd. Especially if you have high bandwidth, you'll very quickly run into your limit through sharing blocks and relaying transactions.

So, what do we do to avoid running as full node? I'm downloading the bootstrap file separately from source forge, and it's 9.9 gb zipped, should be done by the morning and then there will be some catching up for it to do but at least it will save my hard drive.

PS
Download Link: https://sourceforge.net/projects/bitcoinblockchain/files/29-10-2013/ Download Size: 9GB (Compressed) - 13GB (Decompressed)
Re-directs to the most recent version.

You can even get a torrent for it.
Netlimiter will work well for it. Some other solutions may also work. Once sync'd, QT can still be functional with a limit of ~3kb/s https://bitcointalk.org/index.php?topic=334778
1757  Bitcoin / Bitcoin Discussion / Re: U.S. Government Nastygram Shuts Down One-Man Bitcoin Mint on: December 13, 2013, 08:15:01 PM
It's an interesting interpretation. Using it, they could probably shut down any company which accepts and transmits BTC. This could include coin mixers (possibly even decentralized solutions if they want to get especially nasty) and any service which credits your account and allows removal of those coins (online wallets). They may actually be able to go after gambling services not for offering gambling, but for being unlicensed money transmitters.  Cheesy

ETA: I guess people operating full nodes or mining are money transmitters, too. Cheesy So then, mining pools would also be money transmitters (they may act as some kind of legal shield for individual miners since the pool is actually doing the transaction packaging). Basically, everybody's a money transmitter.
1758  Other / Beginners & Help / Re: How big is the blockchain right now? on: December 13, 2013, 07:59:19 PM
According to the Blockchain.info, the size is 12,107 MB right now. But it can take more space in your system.

That's fine, I was just a bit worried it would be like 50GB and I'd hit my data cap.
You should be careful about running a full node on the PC once the blockchain's sync'd. Especially if you have high bandwidth, you'll very quickly run into your limit through sharing blocks and relaying transactions.
1759  Bitcoin / Project Development / Re: Bitcoin based WISP Coop on: December 13, 2013, 06:59:16 PM
Trying to figure out what you're suggesting. Credit union CPE routers would bridge their current ISP connection to a wireless radio connecting to the co-op network, sharing CUs private Internet access with the co-op network? You'd then provide the Internet access through a kind of mesh network to consumers (co-op members) for a fee? (with the right management software, this could be a really awesome automated process without bills where you pre-pay for access)

Their ISPs permit subleasing? Which frequencies are available for WISPs to operate on in PR?
1760  Bitcoin / Armory / Re: Problem with Imported Armory Watch Only Wallet on: December 13, 2013, 06:34:56 PM
Every time you import a wallet, it has to check the blockchain to determine if there's any balance.  If you have lots of wallets to import, the best way to do this is to stop Armory, and restart it in offline mode.  Then import all the wallets at once, and restart Armory in regular online mode.  It will rescan, but it will only do it once.  In the near future, we hope to have that rescan process be a bit faster...
Maybe you should try storing it in the RAM. Cheesy
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