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1  Economy / Services / . on: October 28, 2014, 01:37:27 PM
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2  Economy / Securities / Re: [Cryptostocks] BBBB Bitcoin Emerging Market Fund on: April 24, 2014, 09:54:05 PM
Hey, I'm just here to vouch for the guys at Surf Capital Management.



Although I don't have a long history with these guys, I have known the CEO of Surf Capital Management for about a year, in real life.  He heads up our local (Cincinnati) Bitcoin meetups and has represented Bitcoin well in presentations and on radio.  (Here's a link to one radio broadcast http://wvxu.org/post/brother-can-you-spare-bitcoin )

Although I can't vouch for their investment skills (you can read this thread and see their published success rate in the past; they're pretty transparent), I think one risk - the risk of them flaking out and taking off with your bitcoins - is probably minimal.

So yeah, you don't know if I am a paid shill (I am not), but I just wanted to put in a quick word of endorsement.  They haven't let me down yet, and I have a lot of respect for the CEO.

Best of luck to you, Surf Capital Management!
3  Economy / Service Announcements / Re: [ANN] bitaddress.org Safe JavaScript Bitcoin address/private key on: November 15, 2013, 06:12:50 AM
My wish list for bitaddress.org:

1)  The QR codes are non-standard.  This is a recent change, as they used to be good.
The QR Code standard says that there's supposed to be a "Quiet Zone" (whitespace) around the QR code, of 4 blocks, I believe.  But in Firefox (at least), bitaddress.org writes text adjacent to the QR code.

2)  When generating addresses, it'd be nice to also generate a signed message confirming that the private key is ok.  For example, a simple signed message saying "This message is signed by the private key calculated for the bitcoin address 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a" could be used online to verify that the private key actually works (without copying the private key).


I love this site!
4  Bitcoin / Meetups / Re: Cleveland on: October 16, 2013, 11:37:38 AM
We're having our tenth meetup down here in Cincy..

This time a bit up I-75 to try to welcome any Dayton Bitcoiners that might be out there.

https://bitcointalk.org/index.php?topic=311513.msg3348408#msg3348408
5  Bitcoin / Meetups / [Cincinnati / Dayton] Meetup 10/30 7PM in West Chester on: October 16, 2013, 11:36:06 AM
This is the tenth meetup of the Cincinnati Bitcoin group.


Usually held downtown, we are moving North to West Chester, (33 minutes from Downtown Cincinnati, 34 minutes from Downtown Dayton) to try to welcome some Dayton Bitcoiners.  We picked a place right along I-75, for your convenience!

We know you're out there, Dayton, with your history of strong tech folks (WPAFB, Ham Fest, etc).   Hopefully you can come!



Details:

Wednesday Oct 30, 7PM

The Spot (formerly Cavanaugh's)
7340 Kingsgate Way
West Chester, Ohio 45069

http://www.thespotwc.com


Register not required, but is here:
http://www.meetup.com/Cincinnati-Bitcoin/events/145672872/


Cincy Bitcoin website:
https://cincybitcoin.wordpress.com/
6  Bitcoin / Bitcoin Discussion / Bitcoin Fluid Dispenser on: August 16, 2013, 04:09:23 PM
Andy Schroder developed a bitcoin controlled Fluid Dispenser (Think "gas pump where you self-serve pay by bitcoin").

This 20 minute video is cool.
Unfortunately he's banished to the newbie area, so no one is seeing it on this forum.  His post is here:

https://bitcointalk.org/index.php?topic=274702.msg2943141



And here's what Andy says:

I've developed a mobile, automated fluid dispenser that accepts bitcoin as the payment mechanism. You can watch a video and see some pictures about the device at the following web address:

http://andyschroder.com/BitcoinFluidDispenser/

You guys have to see this!  Great work!
7  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 09:28:07 PM

People in computer programming don't deal with EST/EDT at all.  I do everything in UTC intentionally to avoid DST issues, that's how I messed up here.  Most seemed to get it, as the countdown clocks and UTC conversions I saw initially were accurate.



As a person in computer programming, I'll tell you that since I have had to deal with it, you're wrong on your absolute claim that I (and no other programmers) have had to deal with EDT/EST.

I have had to communicate with customers across the country letting them know precisely when to schedule resources, and such accuracy is pretty important.  I had this EXACT issue with a Fortune 500 company within the past year, and have the emails to prove it.  And yes, it's confusing to some people.

If you interface with humans, and have to do any scheduling, especially around the spring or fall time change, it's critical.

If you write a web interface that accepts the time, and have to convert it to UTC to put it into your database, you better know the difference between Standard Time and Daylight Saving Time.



But hey, I don't have a stake in this game.  
I'm just stating the facts as an observer.

It's your game.  You can treat your potential investors any way you want.
8  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:58:54 PM
As a North American layman, i never see CDT or EDT used.  The most common use of time zones I see is on TV when shows are promoted for their starting time, and it's always EST/CST (I think at least..)

No, TV programs say "9, 8 Central".  they NEVER mention Daylight or Standard Time.
9  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:51:47 PM

I apologize for the confusion around EST/EDT.  It is too late to fix/change it.  Unfortunately those of us in north america almost always refer to the zones as PST/CST/EST/etc regardless of daylight savings.  It's a name for the time in the area year round, regardless of the technicality around DST.



I don't mean to be disrespectful, and I have no stake in this, but being in the US myself, I will categorically state that you are wrong here.

It's a common problem, but anybody with any knowledge about time, ESPECIALLY people in the computer/programming field, need to know that there's a HUGE difference between EST and EDT, and the time zone (Eastern Time Zone).



Like I said, I have ZERO stake in this, and so am just a potential arbiter, and you are wrong on this point.
10  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:19:25 PM

Limbaugh, you are embarrassing yourself, by calling him names sarcastically when you are wrong.

Read it again.
most cities there are using Eastern Daylight Time (EDT).

BUT, some aren't.  And the rules clearly stated EST and CST, not EDT.

Frankly I don't care.  But this is hugely entertaining.
11  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:15:38 PM

Yeah, because Google and Wikipedia must be wrong because they say that EST is different from EDT.

It's only 3:11 EST right now.
https://www.google.com/search?q=current+time+in+atikokan+ontario

Doesn't matter to me, but it sucks if the organizers don't know that EST <> EDT.



What? Im in EST it's 16:13



Read up on it.

New York is in the Eastern Time Zone, and abides by EDT this time of year.  Some parts of the Eastern Time Zone (ET) do not abide by EDT, and they remain on Standard Time.  In the Eastern Time Zone (ET), Standard Time is represented as EST.   New York is NOT on EST.  And you can't be "in" EST.  You can be in the Eastern Time Zone, but you abide by either EDT or EST.

It's tricky.
12  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:10:15 PM
Locked, you guys need to learn to tell time


Yeah, because Google and Wikipedia must be wrong because they say that EST is different from EDT.

It's only 3:11 EST right now.
https://www.google.com/search?q=current+time+in+atikokan+ontario

Doesn't matter to me, but it sucks if the organizers don't know that EST <> EDT.

13  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:07:09 PM

They are going to take all the orders submitted by 3PM CDT, then divide the shares up based on how many everyone ordered.



The first post says 3PM CST not 3PM CDT.  There's still another hour.

Relax!

no, not an hour, its done now.

Please click to see the current time in EST:
https://www.google.com/search?q=current+time+in+atikokan+ontario


and again, EDT, not EST, it was corrected.

Where was it corrected?  I am looking at the first post (https://bitcointalk.org/index.php?topic=263445.msg2814423#msg2814423 ) that says


- 3 PM CST/4 PM EST is the cutoff for bidding.  (EDITED!)
14  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 08:02:49 PM

They are going to take all the orders submitted by 3PM CDT, then divide the shares up based on how many everyone ordered.



The first post says 3PM CST not 3PM CDT.  There's still another hour.

Relax!

no, not an hour, its done now.

Please click to see the current time in EST:
https://www.google.com/search?q=current+time+in+atikokan+ontario
15  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 07:57:51 PM

They are going to take all the orders submitted by 3PM CDT, then divide the shares up based on how many everyone ordered.



The first post says 3PM CST not 3PM CDT.  There's still another hour.

Relax!
16  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 07:54:29 PM
I'm real anxious to see how this ends up, given that the time is mentioned in EST and CST - meanwhile much of the East coast and Central is in Daylight Savings Time right now.

The current time in EST is 2:32.
http://www.thetimenow.com/est/eastern_standard_time


There's really no need to be anxious. TheSwede and Burnside have put together a fair plan and you're going to get a reasonable percentage of shares, even if it takes a few hours to work out the kinks (in case of tech issues).

Anxious implies that one is over-invested or in a risk category that doesn't match personal comfort level.

No implication here at all about being over-invested.... I'm not investing in this!

I am commenting on how everyone thinks that there are 5 minutes left, but the deadline clearly said EST, not EDT, which means there are 65 minutes left, not 5, and I am anxious to see how they resolve that difference!
17  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: July 31, 2013, 07:31:48 PM
I'm real anxious to see how this ends up, given that the time is mentioned in EST and CST - meanwhile much of the East coast and Central is in Daylight Savings Time right now.

The current time in EST is 2:32.
http://www.thetimenow.com/est/eastern_standard_time
18  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 29, 2013, 06:16:05 PM
Someone was asking in the chat how it's possible that the site-wide luck is still over 102% after so many bets, and requested a breakdown of luck-per-chance, so here it is:

Quote
0.0001%   0.0002 (      2 /  1014500)  197.14%


                                        102.59%

I'm only showing chances which have had 10k or more bets.

Before generating the list I said it was probably due to vlees and nimda both hitting 0.0001% about twice as quickly as expected, and that does appear to be the reason.  1 million of the total 40 million bets have an average luck of 200% each.  Dilute that 40 times over and you get 102.5%.  Nice and tidy result.  Smiley

So the whole site's luck is still affected predominantly by a single lucky roll.  If only one of the two of them had hit the 1-in-a-million, as expected, luck would be very close to 100%.

That explains it very well!

Quick!  The site has been paying out long shots at twice the expected rate.  Get in there and bet long shots everyone!


Thanks for producing this chart.
19  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: July 28, 2013, 04:59:20 PM

The most sensible time to invest is when investments are low, because then each coin you invest represents a larger share of the bankroll, and so gets a correspondingly larger part of any bettor action.


This is like saying "the most sensible time to buy Bitcoins is when the price is low", which sounds logical, but has something wrong with it.  

You can only judge "low" by looking at past prices, not future prices.  Only in hindsight can you tell where the "bottom" is.
You can't tell if tomorrow's price will be lower than today's, which would make it "un-sensible" to buy today.

Given that J-D has a +EV for the investor, you can expect every moment to be at least as sensible to invest than the next.

(Someone tell me if this is pretzel logic.)
20  Economy / Speculation / Re: Lost my faith on: June 28, 2013, 02:00:57 PM
I'm afraid I've lost my faith in Bitcoin. Somebody save me..

thats because you are reading the high price which is always volatile.. check out the monthly low price.. you will see there is a constant rise. the low price is more of the indicator of true value and growth indicators.. the high price is just pure speculation and should be ignored for long term investors


> check out the monthly low price.. you will see there is a constant rise.

This claim can be debunked at this link: http://bitcoincharts.com/charts/mtgoxUSD#rg60zigWeeklyzczsg2012-01-01zeg2012-02-29ztgSzm1g10zm2g25zl

February 2012's low was less than January 2012.
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