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21  Bitcoin / Bitcoin Discussion / Re: With all due respect, official bitcoin client sucks on: July 20, 2011, 08:18:49 AM
... what else is new?

https://www.github.com/bitcoin/bitcoin -> fork -> ... -> pull request -> profit!

If you want to improve UI

https://www.github.com/laanwj/bitcoin-qt -> (same)

BTW: wallet encryption is in the latest git version of the core (not yet in -qt, I'm working on that), please help testing if you feel naked


I'll help testing.
22  Bitcoin / Bitcoin Discussion / Re: With all due respect, official bitcoin client sucks on: July 20, 2011, 06:38:18 AM
Refuse to use bitcoin on any version of windows.

Yes, keep telling people that and you'll surely win over the mainstream market!

Windows users are prevalent, which is a fact that has nothing to do with me.
23  Bitcoin / Bitcoin Discussion / Re: Why not just buy a micronation? on: July 20, 2011, 04:01:11 AM
Erm -- a lot of you are confusing a small nation with a micronation.

A micronation doesn't require land.

Right now, I am an emperor of a tiny micronation, am working hard on converting my micronation into a full fledged nation.

It's been stated that a nation requires 3 things:

A government, a permanent population, and land.

Land is pretty easy to obtain, a private island. That requires but one things, money.
Second is a permanent population. Not that hard to obtain, just need a good leader.
Third and final thing -- a government. Without a proper government, you can have a permanent population -- people would leave.

Anyways, I planned on having a virtual currency, however, the foundation differed from bitcoin dramatically. I was planning on have 'credits' directly backed by gold, proportionality. I was thinking 1000 credits to each ounce of gold. Meaning in theory, you'd be buying an selling stuff with 'virtual gold coins'. Obviously, there's thousands of flaws in this system, but it seemed to me like it would be something nice to have.

Anyways, just my 2 cents Tongue


Quote from wiki:
"In international law, the Montevideo Convention on the Right and Duties of States sets down the criteria for statehood in article 1: The state as a person of international law should possess the following qualifications: (a) a permanent population; (b) a defined territory; (c) government; and (d) capacity to enter into relations with the other states."
- http://en.wikipedia.org/wiki/Micronation#Legitimacy


"backed by gold", Ah, this is directly opposed to "virtual" concept.
24  Bitcoin / Bitcoin Discussion / A better pool mining web program needed, who can help me? on: July 20, 2011, 03:54:52 AM
I'm no programmer, therefore I have to buy programs.

I want a better pool than that of deepbit. Who can help me?

The program should be open-sourced, but I'm willing to pay (either with BTC or equivalent amount of any other currency).

And others please contribute ideas: what functionalities are needed to build a better pool?

Any suggestions are welcome.

Thank you.

or, you can email me: nakowa@21bitcoin.com
25  Bitcoin / Project Development / Re: New Bitcoin Wallet on: July 20, 2011, 03:37:20 AM
Nice UI. but it's intrinsically insecure to use bitcoin on windows.
26  Bitcoin / Bitcoin Discussion / Re: With all due respect, official bitcoin client sucks on: July 20, 2011, 03:35:34 AM
Refuse to use bitcoin on any version of windows.
27  Bitcoin / Bitcoin Discussion / Re: non-profit bitcoin exchange on: July 20, 2011, 02:31:45 AM
Should not be against to profit.
28  Bitcoin / Bitcoin Discussion / Re: With all due respect, official bitcoin client sucks on: July 20, 2011, 02:28:17 AM
Yeap, I'm learning and trying.  Angry Embarrassed
29  Bitcoin / Bitcoin Discussion / Re: Why not just buy a micronation? on: July 20, 2011, 02:27:32 AM
Buying a center with decentralized currency? It just doesn't make any sense.
30  Bitcoin / Bitcoin Discussion / With all due respect, official bitcoin client sucks on: July 20, 2011, 02:22:24 AM
1. the wallet file is still naked
2. directly use another wallet is impossible
3. and countless other shortcomings...

sigh.
31  Bitcoin / Bitcoin Discussion / Re: Bitcoin critics suffer from Stockholm syndrome on: July 19, 2011, 05:16:25 PM
Fortunately, bitcoin needs only a handful supporters to run smoothly, and if some critics can draw more public attention to bitcoin, then better!
32  Bitcoin / Bitcoin Discussion / Re: Who the FUCK is making bitcoin viruses? on: July 19, 2011, 02:46:49 PM
Hope one day this community have a "police station"...
33  Bitcoin / Bitcoin Discussion / Re: How did you find out about Bitcoin? on: July 19, 2011, 11:38:05 AM
twitter is an info window to me...
34  Bitcoin / Bitcoin Discussion / Re: Regulate maximum mining pool size on: July 19, 2011, 08:02:04 AM
Interesting discussion.

I personally will setup my own pool in next few days.

35  Economy / Speculation / correlation? on: July 19, 2011, 07:57:35 AM
Immediately after Silk Road launched in the early February, BTC hit $1 exchange rate.

Concomitant with notable news resources reporting bitcoin "surge", BTC rocketed from $6.2 to $31 (historically highest).

The first surge of BTC happened exactly 1 year before, 6/12/2011, from $0.008/BTC to $0.08/BTC, up to ten folds.

In several days before yesterday, the price of BTC was dropping, but suddenly rised up (albeit not too much); and CNN money shot a video online "at the same time".
36  Bitcoin / Bitcoin Discussion / Re: Am I wrong? on: July 16, 2011, 04:40:25 PM
How many btc miners could earn is in effect can be calculated by block * reward * your hashrate / total hashrate...

Something is missing?
No, except that total hashrate is effectively measured with difficulty. So you can't really say that difficulty is irrelevant because total hashrate cannot be measured directly. You need the difficulty parameter (which in turn is just calculated from the time it took the network to solve the last 2016 blocks).

Thank you for explanation.
37  Bitcoin / Bitcoin Discussion / Re: Am I wrong? on: July 16, 2011, 10:03:20 AM
... but if this is true, then "difficulty" is somewhat irrelevant to mining, since 1) block generating rate is nearly constant, 2) total hashrate is increasing...

How many btc miners could earn is in effect can be calculated by block * reward * your hashrate / total hashrate...

Something is missing?
38  Bitcoin / Bitcoin Discussion / Re: What products and services are inherently better bought with BTC? on: July 16, 2011, 01:30:00 AM
Bitcoin                     Master Card                    Bitcoin
-----------------|---------------------------------|------------------------>>
Nice observation! Although it seems a bit, um... one-dimensional Smiley

Luckily there are other good reasons to buy something with Bitcoins. One additional use-case which comes to mind is everything you don't want anybody to know about - like products for some medical condition or anything regarding your sex-life. Removing the payment processing companies from the chain of information flow increases your privacy.


Nice illustration! thank you!
39  Bitcoin / Bitcoin Discussion / Fallacies of "early adopters advantages" on: July 16, 2011, 01:28:41 AM
1. In every field in the real world, early adopters SHOULD have advantages.
2. Early adopters MUST keep their BTC forever to REALIZE alleged advantages. However, it's hard to do so, just as it's hard to keep stocks of Mircosoft more than 20 years.
3. If you participate bitcoin community right now, when no more than 1/3 of total BTC distributed, then you ARE one of early adopters, but do you think you have HUGE advantage than followers?
4. Could you find out a way to distribute BTC "fairer" then current system?


40  Bitcoin / Bitcoin Discussion / Re: The Ponzi scheme argument on: July 15, 2011, 09:34:58 AM
Bitcoin is not a Ponzi Scheme.

To constitute a Ponzi scheme, two premises must be fulfilled
1. the beginner and followers create no value at all;
2. what participants earned is solely depend on what followers invested.

The creator of Bitcoin could earned nothing from following participants...and even if he earned something, what he earned is not solely depend on what followers invested.


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