nothing wrong with tiny bets, you just make less money

We were all sleeping, there are still more than 12 hours left

Also, just so I don't sound like I'm speaking down to you. Are you familiar with any classical or contemporary anarchist theory that falls broadly on the spectrum all the way from anarcho-communism to individualism/mutualism? Proudhon? Malatesta? Bakunin? Kevin Carson? Voltarine de Clair, Kropotkin, David Graeber, etc? I can't claim I've sat down with many Libertarian Party newsletters, but I have certainly cut my teeth on Nozick, Rothbard, Hayek, von Mises, etc.

Define "improve". Not on the moon. Here on earth would be just fine.

If you mix your labor with the land, do you own the radio waves that pass through it? what about a river? the air?

A landlord has 10 buildings they are renting out. One doesn't get rented and falls into disrepair. How long until they don't have a legal claim to that property? (Yes I realize different communities could come up with very different rules about absentee landlords. What's your opinion of your ideal community norms w/rt to this?)

no, it is because there is no "natural right" to property that is not axiomatic. Libertarian socialism and anarcho-capitalism rely on two different definitions of property basically, and both of those definitions are axiomatic. They are accepted as a priori givens and then ideas of what "liberty" means are built upon their backs. You can't argue with an axiom in a philosophical system because, by definition, that definition is simply given to be true to form the basis of later theorizing.

You can brush off question number 1 as irrelevant, but I find it highly relevant because the vast majority of property (and I think we can agree on this) is stolen, it is intertwined with an immoral and coercive state system, in many cases it was taken by force, built by slaves, expanded through colonialism and empire, etc. If i am to take serious anarcho-capitalists claims that we are both working on movements of liberation, then even if I don't accept your property rules, at least tell me how you think your property rules will be transitioned to.

--

"The vast tracts of land claimed by present-day land barons are illegitimate by any plausible libertarian standard, including the Lockean rule of appropriation. In early modern Europe, the landlord class acted through the State to turn its "ownership" in mere feudal legal theory into a modern right of absolute ownership, and in the process robbed the peasants who had occupied and tilled the land from time out of mind of their very real traditional rights in the land. This process was followed by rack-rents or by mass eviction and enclosure. In the New World, the state acted to preempt access to empty or nearly empty land, by claiming it for the "public" domain. This was followed by restrictions on access by individual homesteaders, coupled with massive land grants to land speculators, railroads, mining and logging companies, and other favored classes. The result was to limit the average producer's independent access to the land as a means of livelihood, to thereby restrict his range of independent alternatives in seeking a livelihood, and thus force him to sell his labor in a buyer's market.

In virtually every society in the world where a few giant landlords coexist with a peasantry that pay rent on the land they work, the situation has its roots in some act of past robbery by the State." (Kevin Carson)

that's not even close to what I paid for it at this moment's exchange rate, not taking into account likely dropping bitcoin prices.

I am selling a brand new unopened 5830 from newegg that I don't need. PM me an offer if you want it.

Also boo on people wanting others to hoard information because it might make things a little more profitable for them for like an extra 30 seconds. You think there aren't tons of people with auto alerts on a bunch of graphics cards?

it does, that's why we will be moving up in difficulty again soon

if you wanted to go through the work, I bet you would actually make money if you bought better processors, installed them and then sold the rigs (with one graphics card each) as souped up gaming computers locally and then sold the extra graphics cards individually on ebay or bitcoin auction sites etc.

No comment on not doing enough due diligence that you wouldn't freak out a couple weeks after you invested >10k in a business though!

also keep in mind there were a lot of people mining namecoins that just switched back to btc now that the difficulty exploded.

difficulty is much stickier than price. I think you will have to see a prolonged slump in bitcoin prices are an extreme rise in difficulty to see computational power really start falling. Once rigs are online, their main expense is electricity. Unless people are trying to liquidate their cards and machines before a glut hits the market, they are going to keep mining to try to recoup as much costs as possible, even if not profitable.

I don't think difficulty will go down unless BTC drop below $10 and stay there for a few weeks.

lol - feeling really lucky eh?

It will be good to have one place to go, a trusted game, that always starts and ends at the same time, that pays instantly. I think it will be big for you.

I make the following suggestions:

1) Use a different payment address for each game even if you still have to go through current interface, just to make block explorer checks  easier

2) make the UI experience a little better and cleaner, some graphics, maybe a pager for the entry list because it will get long, the ability to see archived games, etc

3) Allow people to post a short message with their bet - make it like 80 characters or something, can use to advertise or to taunt other players or for nothing at all (just an idea, could be fun)

Okay, okay, I've finally been baited into a discussion i swore I would never have again because it goes around and around in circles.

But it will take me a minute to make that point, if you'll indulge answering me some questions first. I promise I won't call anyone capitalist swine or apologists for tyranny or anything.

1) We wake up tomorrow in magical Libertopia. How do we divide the land? How do we divide the wealth?

2) We are living happily in Libertopia for many years when a group of workers travel back to the moon for the first time. They manage to set up some giant mirrors at great work and expense that send a concentrated beam of solar energy to a solar panel factory they have back on earth that they sell electricity from. They also mine a bunch of moon rock to bring back and sell for souvenirs. Do they own the moon?

It isn't, it never has been, and it never will be

http://dwardmac.pitzer.edu/anarchist_archives/bakunin/stateless.html

also I have gotten paid instantly multiple times, minus the fee of course (it really is instantaneous!)

on the move again!

actually, you will like this one Atlas, because one of the most helpful things need not even be charity, but it can be for-profit. It is incredibly difficult and expensive at times to send money to developing countries. There are many people in rich countries sending money back to families abroad paying obscene western union fees, getting scammed, etc. Simply having very low fee (or even free as a charity and in an effort to spread bitcoin adoption and increase its use) exchange houses would be a huge deal. Person sends bit coins to an exchange abroad. family comes in and picks up equivalent in local money.

Also, you could convince Kiva to accept bitcoins if you want to piggy back off small entrepreneur financing. Though microlending in a whole other debate.

I'm a libertarian socialist, as historically the vast majority of all anarchists have identified themselves. My idea of liberty is about the same as yours. My idea of property, however, is very different.

If you are interested in a debate along these lines, there are much better ones out there.

Lords of Poverty - a brutal documentary book on hgow corrupt international aid is

The White Man's Burden by Bill Easterly
and
The Mystery of Capital by Hernando de Soto
(which make some of the above points, but in more compelling ways IMHO) - an-caps will particularly like hernando's focus on private property as being key to development while others will like how easterly puts strong market incentives back into aid

and for alternate views
The End of Poverty by Jeff Sachs
Development as Freedom by Amartya Sen
and
Planet of Slums by Something Davis

are all really good ones