842
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Bitcoin / Bitcoin Discussion / Re: Are bitcoiners regular at Facebook ?
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on: October 29, 2014, 02:29:27 PM
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Bitcoiners are very particular about privacy, so I doubt that a lot actually use Facebook.
I'm not as particular about privacy, but I barely even use Facebook myself. Just to keep in touch with friends that I don't live close to or see every day.
I would say Bitcoiners "think" they are careful about privacy. If you use Google, Apple, or Microsoft you don't care too much about your privacy. Yes... I think if u dont use FB for privacy and use Google, then there is no one more dumb than u r. I think the really dumb people are those who don't know different types of information that Facebook and Google collect and what steps are required to mitigate and control what you choose to give out about yourself. As another poster has pointed out you cannot use Facebook effectively without giving out real information about yourself (unless you were some kind of scammer or predator with a fake identity).
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844
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Bitcoin / Bitcoin Discussion / Re: How do businesses cope with Bitcoin transaction times?
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on: October 29, 2014, 01:44:00 PM
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I guess the only way here is to look at the blockchain. Can't think of other way. Perhaps ask the customer to bear a higher tx fee so that it gets picked up faster and then refund the customer for paying the extra fee. But that would certainly end up a hassle. Plus it doesn't sound practical.
Technically the transaction won't be in the blockchain until the first confirmation. I guess services like Bitpay monitor unconfirmed transactions across various nodes and have a heuristic algorithm to figure out when an unconfirmed transaction is safe to accept.
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846
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Bitcoin / Bitcoin Discussion / Re: Bitcoin is not secure
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on: October 29, 2014, 06:35:56 AM
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It might be indicative of a general problem with society as people tend towards specialization and only want to be good at doing their own little thing. For everything else, they look to centralized organizations or big companies for help. This is probably why some people come here thinking that reversible credit card transactions are actually a good thing. Before there can be mass adoption I think there needs to be a solution in place that would allow even an idiot to secure their coins.
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847
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Bitcoin / Mining speculation / Re: 336MH/s USB Miner.. Worth it? xD
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on: October 29, 2014, 06:13:56 AM
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USB miner? Cmon, its not worth it even with free electricity..
Its for fun.. Why does everyone think of $$$.. Maybe because you asked in your thread title if it was "Worth it?" If you ask me, I think that building a 2011-style GPU rig is more fun. Or how about leasing a 42U cabinet in a datacenter and filling it up with top of the line 12-core per socket Xeon servers to build a CPU farm? If you got tired of mining you could always repurpose it to find Mersenne prime numbers.
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849
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Economy / Speculation / Re: No One Knows
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on: October 29, 2014, 05:27:02 AM
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There is many who knows more than you.
And there are no one who know less. All your conjugate are belong to me!
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850
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Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen.
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on: October 28, 2014, 07:32:13 AM
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A single BTC would need to hit 100,000 USD for me to become rich. (I don't class 'rich' as anything under 2 million USD).
Unfortunately for that reason I think I missed the boat, too late to become rich from BTC. Making 200 grand would be lovely though.
Lol.. I have to say this guy is right. Anything under $2 million is not rich. Is two million even rich anymore? Where I live you could buy a decent house and a car etc and they're would not be much left over Where I live a 3 bedroom apartment costs 2 million. However, 2 states over you can still get a nice home for $200K with several acres of properly. If it wasn't for my job, I don't see a need for living "where the action is" - i.e., a large city in a blue state. Edit: I still have strong family ties to the old country and some of my relatives who live comfortably will not even earn and spend $2 million in their lifetimes.
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851
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Economy / Trading Discussion / Re: Selling btc to minors
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on: October 27, 2014, 12:30:39 PM
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Wow, a lot of individuals here who act as if they are a predator of some sort. Mean up with the damn boy and conduct business.
Maybe because in some jurisdictions law enforcement have been known to entrap regular people with stupid charges - e.g. assisting a minor to buy drugs online. Personally I would sell to a 15 year old but if he starts volunteering weird information I never asked for then I'd back off.
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853
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Bitcoin / Bitcoin Discussion / Re: Wealth distribution
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on: October 26, 2014, 01:23:12 PM
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40% of American wealth is held by 1% of the people. That is not good! 40% of BTC is held by about .01% of bitcoiners!!! How are we to get more distribution?
Pass legislation to force more non-adopters to contribute and innovate in the Bitcoin space. They will then reap their rewards in bitcoins.Tax the early adopters.
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858
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Bitcoin / Bitcoin Discussion / Re: Bitcoin will inevitably Fail as Altcoins suceed
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on: October 25, 2014, 02:07:38 PM
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UUCP can and has been implemented over TCP/IP (transparently, I might add). So using your analogy Bitcoin can be implemented over some super duper Altcoin protocol. I don't think the analogy is a good one. For one, there was little vested interest for UUCP users to not migrate over to some better file transfer mechanism when that became available. On the other hand, there is a very big incentive for existing Bitcoin users to keep Bitcoin competitive by making incremental forks to the protocol/blockchain in a manner that would ensure that current holders do not get screwed over.
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859
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Bitcoin / Bitcoin Discussion / Re: What full node implementation do you run?
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on: October 25, 2014, 01:02:21 PM
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I wish your poll had differentiated Bitcoin Core and bitcoind.
Why separate two things that are the same? bitcoin-qt/bitcoind was renamed to Bitcoin Core a couple of releases ago. That would depend on the context of the discussion. Some people might think that bitcoin-qt sucks and avoid Bitcoin Core altogether, unaware that they can use the bitcoind part independently with some other advanced client implementation built on top of it. However, since we are talking about nodes there is probably no need to differentiate.
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860
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Bitcoin / Hardware / Re: Experiences with used Miners?
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on: October 25, 2014, 12:25:23 PM
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Bitfury full kit has been a fantastic failure for me (if i turn it on it can manage to get me 130 GH or so but should be able to get 400).
I've heard about issues with terraminers also being total piece-o-crap worthy.
I have a couple block erupters that died out but the bulk of them are probably still okay if I ran them.
6/7 boards on my bitfury are still running fine for me, but the unit is very sensitive to vibrations. do a power cycle, and then back away quickly so its not disturbed when running My first August MBP Bitfury rig is still running very stable at its original 0.69 J/Gh. The newer ones that came volted higher have already started self-destructing a number of H-cards and M-boards.
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