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2101  Bitcoin / Meetups / Re: Chicago Speaker(s) Needed on: January 02, 2014, 04:16:51 PM
I'm still looking at the dates, but I've gone further for less and have some friends there that could use a visit.
2102  Bitcoin / Development & Technical Discussion / Re: Is it possible yet to send bitcoin with a defineable time (or block #) delay? on: January 02, 2014, 04:08:16 PM
Someone who knows a little but knows what they don't know, is worth much more than someone who knows a lot but thinks they know what they don't know.
2103  Other / Off-topic / Re: Looking to sell my forum account for btc. Is there any interest in this? on: January 02, 2014, 04:03:31 PM
I'll buy it for 0.01.

I've already had offers for 10x that but thanks for the offer. Smiley

The true value of the account was made plain by the above reveal.  It is worth more than 10x.

Consider:
http://css.csail.mit.edu/6.858/2013/projects/mfleder-mkester-spillai.pdf

I would never buy an account such as QuestionAuthority, or at least not here, and not through the forum, or with a PM even... If only there were another way that didn't destroy its value...


That's the reason to buy my account. It's never been linked to a real Bitcoin address. It is also the reason for everyone to trade accounts occasionally. If the majority of users traded accounts using PM only and never used a Bitcoin address twice that concept wouldn't work.

Thanks for making plain what you have, it is valuable and you have earned what you will receive.  Well done.
2104  Bitcoin / Bitcoin Discussion / Re: BitCoins for Edward Snowden. on: January 02, 2014, 03:42:52 PM
The NSA almost succeeded in making the whole encryption process a ridiculous masquerade by backdooring the PRNG

Thanks for this, it is some detailed work that ought be repeated and confirmed by any with doubt.  FIPS is an interesting set of requirements, and raises the cost of a government contract significantly.
2105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2014, 03:22:45 PM
When China gets too far below the pack, expect an arbitrage dump.  Getting fiat in and coins out is easy.
China is very long on gold.  So as one of the nuclear powers with a carrington effect button, I like seeing them have some bitcoin.  real politik
2106  Bitcoin / Mining / Re: .25 BTC BOUNTY for the best answer on: January 02, 2014, 03:11:51 PM
On a related note:
http://www.gfxtechnology.com/
2107  Bitcoin / Development & Technical Discussion / Re: Is it possible yet to send bitcoin with a defineable time (or block #) delay? on: January 02, 2014, 03:01:38 PM
So am I. See NFC transceivers thread. It has been written RFID encryption is not strong enough...I think this is foolish and true only if you're decisively unmotivated. Good luck.
Thank you!
And I agree with you, that the RFID is fine.   It is the implementations that are all horrid and have given it a bad name.  
Your project is not just good for Bitcoin, it would also be good for RFID, so I wish you very good fortune as well.
There is always some luck in innovation.
I don't think we will be using any NFC at all as our set of goals include utility in the absence of electronics, (and power).  So I am very excited about your effort and would be happy to collaborate.
2108  Other / Off-topic / Re: Looking to sell my forum account for btc. Is there any interest in this? on: January 02, 2014, 02:44:13 PM
I'll buy it for 0.01.

I've already had offers for 10x that but thanks for the offer. Smiley

The true value of the account was made plain by the above reveal.  It is worth more than 10x.

Consider:
http://css.csail.mit.edu/6.858/2013/projects/mfleder-mkester-spillai.pdf

I would never buy an account such as QuestionAuthority, or at least not here, and not through the forum, or with a PM even... If only there were another way that didn't destroy its value...
2109  Bitcoin / Development & Technical Discussion / Re: Should nodes receive part of the transaction fee? on: January 02, 2014, 12:48:42 PM
Well I personally don't think it's needed.
Every holder has an incentive to keep the network operating well, thus to run a full node.

IMO the more important goal is to make running a full node as easy as possible.

Yes, and

We need to solve the issue other ways.

Adding monetary benefits is not needed if the costs are low enough and use easy enough.  There are other intrinsic benefits beyond monetary. (such as just wanting the block chain data on hand)
2110  Bitcoin / Development & Technical Discussion / Re: Is it possible yet to send bitcoin with a defineable time (or block #) delay? on: January 02, 2014, 09:18:21 AM
Why would you have thought to "lock it out for everyone on the planet except you", but not thought to actually send the transaction at the time when you had an internet connection earlier anyhow?

Right, well I don't know.  I thought the locked TX is a TX that isn't broadcast so the network doesn't know about it.  Clearly I am still not thinking about this right - I did not think a connection was necessary.  What am I missing?

I'm very interested in trust free, in the forest payments and take stabs every so often.  

The Bitcoin Specie project is also looking at this same use case.
We are looking at producing an attempt in early 2014.
2111  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: January 02, 2014, 02:29:35 AM
Its official:
http://www.kitco.com/finance/bitcoin/#
2112  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 10:23:30 PM
One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.
I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?

Maybe no password. If he didn't have the sense to have it distributed through multiple offline wallets with some kind of auto-drain for at least some of them...

Feds don't seem to be doing that either.
2113  Bitcoin / Mining / Re: .25 BTC BOUNTY for the best answer on: December 31, 2013, 02:32:26 PM
I would like to rig miners to my pool's water heater and make use of the heat to heat my pool to tropical temperatures.
This could save .25 BTC a day for each day I want to heat it.
If you have AC or a heat pump, there are already systems that can heat the pool with waste heat (or cool your house with your pool if you look at it the other way):
http://www.hotspotenergy.com/pool-heater/
Thanks for the link.
Yes, this is what I am looking at.
Solar panels provide electricity already for the home/office.
Running the chillers on the miner with the waste heat warming the swimming pool which serves as the evap.
Virtuous cycle mining.
2114  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: December 31, 2013, 02:15:01 PM
I'm glad to see opportunities like this cropping up.
Bottled up subconscious humor.

Bottled up Cheesy

But honestly 100k usd seems pretty high for a two percent stake?

Yes pretty high, but might be worth it for some folks.  Like a golf club membership.  They may get some drunk enough at their wine tasting to sign up?
Collectible wine has done better than the stock market over the last few decades.  But I've more than enough land in California as it is.
http://www.huntingtonnews.net/79266
2115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 01:39:23 PM
mind you the bitcoin foundation would love it, say it legitimized bitcoin.  i think they have no reason to live if they don't file an anti-trust action against APPL.

Picking an anti-trust fight with AAPL?  Even if fun to watch it would sink them completely and gain us very little.  Bitcoin doesn't need AAPL as much as AAPL needs bitcoin.  Let them be the late adopters.

Bitcoin is the means; ie: the protocol, on which applications run; like messages/monetary transactions and probably many more to come in the future. Or if you prefer "the river" that many "boats" will be floating. Whether a company (no matter how big or small) decides to (or not to) incorporate it to their marketing philosophy it's really their call. Eric Schmidt from Google yesterday said in an interview that "We should have been into social networking earlier". Maybe it's Apple's turn to pay (or not) the price for not getting into bitcoin.

This new year will really be a huge turn for Bitcoin. I'm not sure if it's $10000 or $10 by this time next year; but what I have to stand for is this: It's a brand new innovative tech that it's similar to no other. The thing we have to answer to ourselves is: Is the world ready for such a technology? Only time will tell. Roll Eyes

 AAPL can afford the US$10000 coins a lot more easily than most.
2116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 01:32:50 PM
Does anyone know where to post that a 5 BTC withdrawal I did 3,5 hours ago on MtGox hasn`t still been processed? Their customer service does not answer yet. On Gox is does not show up as pending, but as done (in the history).
There is a 136 page thread on that here:
https://bitcointalk.org/index.php?topic=179586.2700;topicseen
2117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 01:08:18 PM
mind you the bitcoin foundation would love it, say it legitimized bitcoin.  i think they have no reason to live if they don't file an anti-trust action against APPL.

Picking an anti-trust fight with AAPL?  Even if fun to watch it would sink them completely and gain us very little.  Bitcoin doesn't need AAPL as much as AAPL needs bitcoin.  Let them be the late adopters.
2118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 01:03:28 PM
Interesting discussions these last few hours.

Let me ask you, who are smarter than I, what do you think would be the effect on the western markets if, say Huobi, crashed to zero in the next 24 hours?
Silly question, but OK...
We'd buy their coins cheaply.  Some would be sold to pay for the cost (but at a cost of "zero" probably not many sold at all)
2119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2013, 12:47:15 PM
If major retailers, such as Overstock.com, intend to immediately convert bitcoins to fiat, then is spending bitcoins equivalent to selling on an exchange? If so, there is little incentive to spend because it adversely impacts your investment, unless sufficient new fiat is flowing into the exchanges to offset your bitcoin purchases.

2014 could turn out to be a very bad year for bulls if too many large merchants decide to accept bitcoin.  Cheesy Cheesy Cheesy

Isn't what BitPay does with its BTC more important then what Overstock does with it? Or maybe we can start a whole new group of activists who support merchants who don't instantly covert their BTC to fiat at the POS.

Well, the point is that more merchants accepting bitcoin is typically viewed as bullish. I disagree if the merchants intend to immediately convert back to fiat. Overstock has already announced it intends to do this to avoid price volatility.

Money flow, the speed of money.
What makes a currency, is the flow of it's current.  If there is no flow, there is no currency.
More merchants make for more money flow.  So yes It is bullish, even if you disagree.
A merchant converting to fiat does not reduce that flow, it just doesn't add to it as much as when the merchant uses it in their supply chain.  Then it increases the flow further.  It is a difference between a +1 and a +2 not the difference between a 0 and a +1.
2120  Bitcoin / Mining / Re: .25 BTC BOUNTY for the best answer on: December 31, 2013, 05:19:55 AM
I would like to rig miners to my pool's water heater and make use of the heat to heat my pool to tropical temperatures.
This could save .25 BTC a day for each day I want to heat it.
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