I don't see why this can't be discussed without being offensive (I'm trying not to attack anyone personally). I'm not saying anything about the qualities of the designer as a human being...
Oh sorry, was i offensive again ? That's weird, i didn't feel it at all. You're right, actually the logo from my signature (designed by bitboy and improved by myself) may be better than the official one. However i don't know if Satoshi will like the license (cc by-sa). IMHO perhaps Satoshi should either ask the author or pay the author some BTC to release the works into public domain. |
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I think You're talking too professional. Is "Money as Debt" so professional ? I guess not. And i think it is much cheaper than that. |
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This is sweet,  However the "B" in the circle is IMHO definately too small. It should fill up almost whole circle, because if You scale down the image, the "B" will not be visible. Same applies to this one:  It looks nice, however i can hardly see the "B". And i have a proper vision. Imagine what trouble somebody with a worse vision will have. |
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$2520 should be more than enough to create nice animated movie, like "Money ad Debt", but shorter.
Still no contestants ?
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Is this the "official" logo? I understand how difficult it can be to make something truly professional when you don't have the skills (which I don't) or the software (which I also don't) so I'm not trying to be rude, but wouldn't it be better if we adopted something...better? I really am not trying to be mean...I really have struggled trying to figure out how to do the stuff that a lot of the artists on deviant do.
Stop complaining. The current logo is just good enough. It has all the properties a good logo should have. PS. After bitcoin goes mainstream, satoshi will be incredibly rich and he can afford some professional artist to polish it more  PS2. After some consideration, i think that the logo could be easily polished a little by adding some more 3D-effect to the coin borders, so it would actually look like a real coin. But the rest is 100% OK. |
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Doesn't the government already hate Linux and the Free Software Foundation.
Government hates everything that it cannot control. Power hungry sickness. |
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Although satoshi might be an alien dropped off here from planet x with advanced monetary formulas to free mankind from government control.  *downloads another david icke movie... I am joking of course! LOL ^ (2 x n!), n -> ∞. |
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Sooner or later, when generating coins becomes too expensive in both bandwidth & processing power, network will be easily overrun by governments, botnets, crackers & other attackers with powerful connection & hardware.
They will also try double spending attacks & different attacks.
We don't need to worry about those with commercial interests (such as the controllers of the botnets currently being used to send spam). For those people, it will always be more profitable to mine for bitcoins than to try tricks like double-spending. And if those "bad guys" are mining bitcoins it helps protect against the other "bad guys" (those with political motives). Ok agreed, i haven't thought of that. Your arguments satisfy me for today, thank You |
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I don't know how you are missing it, but the flip side of "very expensive" transactions is "huge incentive to process transactions".
Maybe the government will torture you to death or rape your daughters, but they are not going to attack you by generating blocks that don't include your transactions. You're missing my point, I'm just saying it would be pretty easy to overpower the network as a whole, and even make money doing that. And yes, maybe a couple of geeks will run to the store get a couple extra GPUs to get the fat transaction fees, but my opinion is that the network would be much safer with mandatory generation on the client with at least 10% CPU dedicated with low priority. "Mandatory" generation is silly since people who don't want to generate will just close it and like it less since it's annoying. Not to mention that anyone can write a client that doesn't do it automatically anyway. There is a problem with this approach. Sooner or later, when generating coins becomes too expensive in both bandwidth & processing power, network will be easily overrun by governments, botnets, crackers & other attackers with powerful connection & hardware. They will also try double spending attacks & different attacks. The problem will only get worse as there are more and more transactions. So it is better to think of a solution now, instead of cry when the crisis hits. |
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OMG, they could force us to wear silly hats too.
As mentioned they already have the money issuing pretty much in hand so I don't think they are going to switch to some cryptocurrency.
Once hyperinflation sets in they might consider it. Still, nobody can forbid using of "normal" bitcoin instead of govcoin once they put this in motion. So there will be two way exchanges between govcoin and bitcoin, exactly as it is now between fiat currencies and bitcoin. |
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For those who are inclined to be paranoid: how do you know that Satoshi isn't already "the government"?
Its not paranoia its realism. We might never know what the motives are for satoshi. No one is forcing anyone to use bitcoin so its a non issue really. 1. I highly doubt if satoshi is working for govs 2. Even if satoshi is working for government, that is a non issue because bitcoin is Open Source. It does not matter what are satoshi's motives. Open Sourcing BTC solves everything. If satoshi will be corrupted/bullied by government, we can always fork BTC ourselves. That is the beauty of OS. |
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This would never work in the long-run. In a few years, being a generator will require amounts of disk space and bandwidth that are unreasonable for most users.
PayPal does 382,000 transactions per minute. If we want Bitcoin to do 100,000 per minute, every generator would need at least a 5.76 megabit (upload and download) connection.
Interesting. This seems to be a weakness of the protocol. So after bitcoin crosses let's say 500.000 transactions per minute barrier, generating coins will be only avaiable to rich bastards with 100mbit symmetrical connections ? This is actually not so good. Also, somebody with lot of CPU/GPU power, money & bandwidth will be able to easily paralyze the network. |
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Perhaps the client should generate khashes by default, using 25% of computer's cores (or 25% power of GFX cards) ?
This could strenghten the network a lot.
At least it should be said somewhere how important it is to mine, not just to get some bitcoins, but above all to contribute to network security. There is a problem with that. Once BTC goes mainstream, this will happen: - 75% of people won't even notice such notice - 20% of people will, but still won't give a fuck about helping the network OR won't understand what it is about - 2% will read the notice and turn generating on, but then turn it off later and forget about it. - Remaining 3% will be either the people wanting to help the network OR miners. So IMHO it is very important to do it by default. The 75% casual computer users won't mind it. Things work this way everywhere. |
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I think bitcoin security could come from millions of people donating a few khashes/s and not a few people giving a bunch of mhashes/s. My point is that I don't really see an incentive for regular people to generate.
I like this idea. Perhaps the client should generate khashes by default, using 25% of computer's cores (or 25% power of GFX cards) ? This could strenghten the network a lot. So everybody that downloads and starts bitcoin would automatically strenghten the network. Of course generation could be easily turned off, but a warning popup saying "are you absolutely sure to do that" should show up. Also if the generation is OFF, a popup asking if You want to turn the generation on (because it strenghtens the network and is generaly advisablew) at 25% of PC's power should show every time the client is started. |
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So producing new coins is becoming hardly worth the power needed to produce it...
Exactly as predicted by satoshi.
Recently I had to shut down minting on my computer completely, because my electricity bill went crazy...
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It seems we both don't know each others stories.
I am currently a teenager with no job.
Before you start accusing me of living of my parents.
My parents where decently living in Poland before we moved here 16 years ago. They had good jobs (Teacher and Programmer) and a house and where able to support doing almost whatever they felt like.
Now that we moved to Canada.
My mom works 50 cents above minimum wage and several illegal jobs. My fathers bust his ass in a factory just to pay the mortgage.
I steal my neighbors Wifi, dumpster dive and shoplift. I also have 3 younger siblings. At school we have fundraisers that I cannot afford to take part of. Such as casual Fridays because it costs 15 bucks a year. I share alot of books and other stuff with my friends who are also politically anarchocollectivist/anarchosyndicalist. To me I know that we dont live in poverty but this is not how each person should live on the world. That is why I hate capitalism.
Just wanted to clear that up so you don't think I'm a 40 year old guy who has no one to feed and claims he can fix the world.
As somebody already said, capitalism is not the reason of Your troubles. Currently, there are almost NO capitalistic countries in the world. Canada is a demo-socialist country, and so is now Poland (i know, i come from there). The last known fully capitalistic country was probably USA in the XIX century. After that, it is only more and more socialism. However, the Poland which You escaped from, was more capitalistic than either Canada or today's Poland, which by the way perfectly explains, why You are now so poor that You have to steal to live while you had so good life in the "old" Poland. 16 years ago, just after gaining independence, Poland had very small bureaucracy and was a very capitalistic country. Then came the regulations.... |
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We live in barbaric times.
More like moronic times. And inflations have a tendency to end empires. And it will, again. BTW: 1. 1929 (Great depression) http://en.wikipedia.org/wiki/Great_depression2. 1970 (EDIT: 1973) (Oil crisis) http://en.wikipedia.org/wiki/1973_oil_crisis3. 2010 ?? ?? 4. Profit ! Am I the only one that notices a pattern here ? A mega-crisis every 40 years perhaps ? I myself have a theory that inflationary & fiat money economy causes crisises regularly every X years, because every X years the bubble pumped by government & massive speculation has to explode. You can't pump a baloon forever, it has to blow some time. IMHO the "current" mega-crisis is either a little late, or has already started. The second is more probable. I wonder if this is the one that will end USA imperialism. EDIT: Actually, current crisis is not late at all. As the oil crisis happened in 1973, not in 1970, we should still have at least 2 years until it hits... So... 2012 ? |
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Obama anounces terrorism threads 3 days before the elections (...)
Did You mean: terrorism threats ? Obama is just the puppet.
Agreed. Real players are behind the curtains. Those who can print themselves money on demand. |
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