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Bitcoin / Bitcoin Discussion / Re: Are girls using Bitcoins?
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on: August 23, 2014, 06:25:09 PM
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My "of course girls use Bitcoin" was directed at the OP/thread title and not you... Sorry you are not that important. I did not seriously expect any mod to lock or delete this thread, nor did I expect it to end with my statement "/endthread". I am not that important either. I just felt something needed to be said about it, so that maybe some dip shit will think about the ramifications of his statements before he types them.
Anyways... you guys can carry on with your scaring away of all the females, I am done here. SausageFest4Lifeeeeee
It has been pointed out to me that gender only matters if you are looking for a mate. This implies that most the guys complaining about the lack of females are probably looking for a mate themselves. That probably goes a long way to explain the douchieness in this thread.
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222
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Economy / Speculation / Re: will the cost of mining affect the bitcoin price ?
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on: August 23, 2014, 06:18:23 PM
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Mining difficulty follows price, not the other way around.
If too many miners drop out, the difficulty automatically adjusts so that the block interval is still about the same.
It is elegant in that the more Bitcoin is worth, the more resources are put into protecting it.
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223
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Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Fees
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on: August 23, 2014, 04:53:28 PM
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Cross-posting an idea I posted in another thread. Imagine a Bitcoin "ATM" manufacturer researched the MSB requirements in their area. Generally, you are not considered a MSB if you do not move enough money to make a business out of it. Say the limit is $500/day or $10,000/quarter. You can then set up a machine that sets fees based on how close it is to exceeding those limits. The percentage can even vary within the same session with the user: depending how much of the daily limit they want to withdrawal. While one machine with such low limits would be useless; you would likely be able to find a working machine if just about every business had one for side-revenue. Edit: I may have just re-invented localbitcoins
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224
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Bitcoin / Bitcoin Discussion / Re: do bitcoin ATMs really suck this much?
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on: August 23, 2014, 04:40:25 PM
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I know a lot of people here would be fine taking the legal risk of using a non-compliant machine. However you are not going to find someone willing to risk their capitol and their freedom so you can break the law.
It may be possible to set up a machine with low monthly limits treating the entire body public as "one person" Would have to be like less than $1000/day or $10,000/quarter I expect. That actually gives hints as to how to set fees: if you are getting close to being considered a MSB; charge higher fees.
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227
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Bitcoin / Bitcoin Discussion / JS mining is not a new or good idea.
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on: August 18, 2014, 08:39:53 PM
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Here is what I told the MIT students: Hello, I saw the venture Beat article about your project. I was somewhat surprised it received the "most innovative" award when prior-art dates back to May of 2011. My CPU time is limited. I hate JavaScript to the point of leaving it disabled most of the time. It is disturbing that some browsers no longer appear to offer that option. I have an old-fashioned view that web-pages should be mainly static. If you have 30 tabs open, it is not always easy to find out which one is using too much CPU time when load-average on the machine gets too high (though animation is often a clue). I can understand why the State of New Jersey is investigating your project for computer fraud. The Venture Beat article claims that the software is non-functional because You do not have mining software running on that back-end. It is not made clear if you refrain from using using CPU time while the back-end is non functional. Anyway, it has been concluded years ago that JS mining will not replace AD revenue. Even GPUs are obsolete for Bitcoin mining. Heck, I just purchased my first ASIC, and *it* is obsolete for Bitcoin mining (110nm, not expected to break-even). Regards, James Phillips References: Linkname: New Jersey slaps MIT Bitcoin hackers with subpoena -- and they're fighting back | VentureBeat | Dev | by Eric Blattberg URL: http://venturebeat.com/2014/02/12/new-jersey-slaps-mit-bitcoin-hackers-with-subpoena-and-theyre-fighting-back/Embedable Javascript Bitcoin miner for your website May 20, 2011, 01:58:01 AM https://bitcointalk.org/index.php?topic=9042.0Could JS Bitcoin Mining Replace Google's Adsense? May 21, 2011, 08:46:11 PM https://bitcointalk.org/index.php?topic=9269.0Java miner that possibly served as inspiration: Browser Bitcoin Miner (No setup, no download, no configuration) May 18, 2011, 12:37:02 PM https://bitcointalk.org/index.php?topic=8780.0Even earlier mention: Re: Making the Faucet sustainable.... January 17, 2011, 07:50:41 PM https://bitcointalk.org/index.php?topic=2853.msg39076#msg39076Even EARLIER mention: Re: New demonstration CPU miner available November 25, 2010, 02:14:17 AM https://bitcointalk.org/index.php?topic=1925.msg24236#msg24236
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228
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Bitcoin / Bitcoin Discussion / Re: How easy it is to KILL bitcoin.
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on: August 18, 2014, 08:35:46 PM
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Edit: Ok, apologies for how I come across to you, but being Scottish, I h8 anyone using the english language, trying to tell me what I said knowing I did'nt, please accept my apologies..?
It's ok. I did not explicitly spell out the logical steps. The reason the topic drifted from BItcoin is that you are very misinformed about how it works. You talk about things that are impossible as if they are obvious to anyone who knows even a little about computers. For example, Bitcoin addresses are not inherently linked with IP addresses (I think I dimly recall that was a little-used option at one time). If you are going to read one document about Bitcoin, I suggest The original whitepaper.
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229
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Bitcoin / Bitcoin Discussion / Re: How easy it is to KILL bitcoin.
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on: August 18, 2014, 02:23:21 PM
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By classifying him as a traitor, you are admitting that he is a legitimate whistle-blower that knows of what he speaks.
Dude, kindly stop trying to claim I think like you. I never admitted anything about him being a whistle blower.. That does not make it not true. If he did not disclose legitimate secrets (possibly as some type of false-flag operation), then logically, he is not a traitor. In my country, it is possible to be both a traitor and hero. Sometimes you have to stand up for what you believe in.
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230
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Bitcoin / Bitcoin Discussion / Re: How easy it is to KILL bitcoin.
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on: August 18, 2014, 07:25:54 AM
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Sorry dude, I dont think the NSA worry about cryptography..
I suggest you spend a little time researching Snowden. I think you'll find your statement quite false. Nah, I dont follow traitors, sooner they are forgotten the better.. @ least if the world focus's on this traitor, they're leaving the murdering to continue whith ZERO accountability.. it is marvelous in their eye's.. By classifying him as a traitor, you are admitting that he is a legitimate whistle-blower that knows of what he speaks. The NSA has been undermining cryptography standards for a least 10 years. The reason is that cryptography works. It has been easier for them to make sure that it is poorly implemented; or not used at all. You mentioned the PS3 up-thread. That was the second personal computer sold to the general public that was classified as a munition. They had initially changed the definition of super computer to mean an machine that can operate at 500Gflops/s from the old level of 1Gflop/s broken my the dual core Apple G4 tower.
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232
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Bitcoin / Bitcoin Discussion / Re: do bitcoin ATMs really suck this much?
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on: August 18, 2014, 06:47:30 AM
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I tried the one (also robocoin based) in West Edmonton Mall. I failed the "input confirmation code" step (no cell-phone).
I eventually found a Bitcoin vending machine in a bar that was actually within biking distance. All it wanted was a QR code and money.
I found it amusing that they put in almost exactly $666. I hope he gets his money back. ~1BTC should be a high-priority transaction within 24 hours (of the taco purchase).
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233
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Bitcoin / Bitcoin Discussion / Re: How easy it is to KILL bitcoin.
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on: August 16, 2014, 03:39:06 PM
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My interest in the internet is nothing more than testing my abilities as a penetration tester, with little or no knowledge of the victim. If you think you have thought of everything, I will create that which you never thought of.. just to prove it can be done.
You sound like you focus on physical security more than network security. First, create laws requiring interception of all traffic at the ISP level.
Second, lets give it a fictional name, like 'No Shitty Attacks' or NSA for short.
Place 'NSA Killbox' between ISP and the world. Switch to record mode.
This means A box between YOUR isp, and the rest of the world. Nothing you can do about this.
There is a box between most user's ISP and their network already: home routers that tend to have back-doors the NSA probably knows about. They may be reluctant to exploit these in a readily detectable manner for fear of the back-door being discovered. When it's decided bitcoin is a threat to the security of any MAJOR country, they can force the isp to re-route p2p traffic to a dns dead end. At this point they can be clear and say, you want passed here, your paying for it.. This is how to tax bitcoin.
Or I could just look at the block chain for address's, write any address found there into my fresh wallet, and take all, using that dns redirect..
Here you don't appear to understand how bitcoin works. Bitcoin does not strictly rely on all users having direct Internet access. You can distribute the block chain and transactions by modem or mail links. It will take a while for the super-powers to attack Bitcoin directly due to its strategic importance. If one super power decides to unilaterally attack the network, they risk sparking a new arms race from competing super powers trying to defend it. Edit: a dns dead-end is easy to work-around.
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234
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Bitcoin / Bitcoin Discussion / Re: Insuring Bitcoin: An Inescapable Moral Hazard?
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on: August 14, 2014, 05:37:48 PM
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Most if not all insurance markets have some kind of moral hazard: Car insurance makes drivers less careful, home owner's insurance might make owners less likely to lock the doors, and health insurance encourages people to get more care than they really need, thus making it harder and more expensive for those who really need care to get it.
I don't think car insurance makes drivers less careful. By the same token, health insurance does not really have a lot of room for abuse. You are talking about your life in those cases. It does not make sense to risk it because the car will be replaced. For countries with universal Health insurance, triage is used to determine who gets care first. Queuing tends to discourage people with only minor problems. The risk with queuing is that most patients are not doctors: they may ignore seemingly minor symptoms if they perceive the wait-times to be too long. The main problem with Bitcoin insurance as I see it, is that the Insurance company would not be holding the Bitcoins. They would only be compensating people for the market value of the Bitcoins in the event of loss. While there may be (business) cases where this is useful; the average person would rather properly secure their Bitcoins in the first place.
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235
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Bitcoin / Bitcoin Discussion / Re: Bitcoin can be use by future Mars Inhabitants?
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on: August 14, 2014, 05:26:53 AM
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Sigh, actually I think there already are clonecoins named after all the planets... I suppose that's one item we can check off the Master Colonization Checklist, at any rate. I concluded the one I know about is essentially a scam because it is not being started by actual martian colonists on the red planet. They hope to get there using "marscoin" as a fund-raiser: but there is no urgency to start a Mars block-chain since Bitcoin exists. When a Mars chain becomes important is: when they have a large enough population to set up a relatively independent economy. All transactions involving Earth will probably require Bitcoin conversion anyway.
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236
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Bitcoin / Bitcoin Discussion / Re: Bitcoin can be use by future Mars Inhabitants?
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on: August 14, 2014, 01:23:51 AM
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I think the answer is yes: martains can use Bitcoin. They will want to set up their own coin employing "proof of low latency" for blocks taking more than a certain amount of time. That way, they can have their own block-chain without being swamped by Earth's hash-power.
While TCP will not work over those distances, broadcasting transactions to a relay should work fine.
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237
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Bitcoin / Bitcoin Discussion / Re: Satoshi was murdered? New evidence coming in
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on: August 14, 2014, 12:56:00 AM
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my thought on this is.... rumour, that stupid rumors
I disagree: this does not even qualify as a rumor. It is wild speculation. The OP assumes two things: - Somebody knew who Satoshi was.
- That person decided to kill Satoshi, because apparently Bitcoin brings out the worst in people.
The second point lacks a motive unless you want to implicate the current banking system/elite.
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238
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Other / Beginners & Help / Re: I'm Broke! Plese help me:(
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on: August 14, 2014, 12:26:38 AM
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You appear to have gotten in right around the December peak.
I would advise you to sell any GPUs. Consider culling (or undervolting) less efficient ASICs as well.
I also agree with the advice to say no to pre-orders.
For Bitcoin, buying and holding tends to be more profitable than playing the market. I don't know how many more spectacular rises in price we will see though.
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240
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Other / Off-topic / Re: Owning a patent anonymously (humans and AI autonomous agents)
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on: August 13, 2014, 11:58:09 PM
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IMO, Patents are more trouble than they are worth for a strong AI. They don't grant you permission to do anything: only to prohibit others from doing something. For a strong AI, being prohibited from doing something (especially a common mathematical transform) would essentially be a death sentence.
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