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1241  Other / Archival / Re: delete on: July 26, 2011, 06:56:13 AM
Mod: There are already 3 threads in the main forum about TradeHill and Dwolla. Did you really though a new one was necessary?

Also, I would recommend to anyone not following the link. Bloggers are starting to see that bitching about Bitcoin brings them traffic so they bitch about Bitcoin as soon as they can. The solution is not to follow these types of links and they will stop bitching.
1242  Other / Off-topic / Re: TrueCrypt Hardware RNG on: July 26, 2011, 05:24:55 AM
Is there such a thing? A hardware random number generator that can be used with truecrypt, or a way to import raw random data.

I have that hardware here right by me. Just tell me how long do you want the number to be and for a low fee I will provide you with a trully 100% guarantee random number. Wink
1243  Economy / Economics / Re: Serious question about the market fluctuation on: July 26, 2011, 05:14:31 AM
If a lot of people decided to sell a lot of bitcoins no matter the price and no matter where they come from (Deepbit, someone cashing out, etc...) without a similar influx of buyers then the price of bitcoins would drop.

Currencies are just like any other product, they follow the law of supply and demand. Increase of supply, same demand = price goes down.

This is very simple. The hard part is to predict the changes in supply and demand, and that is why predicting the price is so difficult.
1244  Economy / Trading Discussion / Re: More crap to deal with - Dwolla Reverses TradeHill Transactions on: July 26, 2011, 05:10:55 AM
Quote
Hugolp
I dont see either how this is going to be spin off as a Bitcoin failure. Its a failure of Dwolla, a dollar service.


Regardless if true or not, The Bitcoin haters and the media in general will more than happy to run the headlines

"Another Bitcoin Major Exchanged Gets Hit"

" How Safe is Bitcoin When Primary Exchanges Are Victims"

"Another Bitcoin Scam".....


Trade Hill sat on this for two weeks, this has zero to do with notifying other exchanges, that has more than likely been done privately. It's about public pressure that is going to back fire. Dwolla isn't going to take a hit on this other than the several hundred people here on this forum.

Bitcoin and Trade Hill with take a hit Internet wide.


BCX

Honestly, if they did that it would be even possitive. It could be easily taken back to them to show that the press has an anti-bitcoin bias and get people interested into why they have such bias so they learn about Bitcoin.

It would be a very bad move from them and very good for us.
1245  Economy / Economics / Re: Countries that followed the Austrian School to Prosperity on: July 26, 2011, 05:05:42 AM
First a clarification to the op, because he got some basic ideas wrong:

Austrian economic theory is just that, theories that describe reality and have some prediction capacity. Austrian theory does NOT have a set of policies to apply. Austrian theory, as opposed to other economic schools, is a social science. Austrian theory is not political theory, the political theory you are refering to is libertarianism.

Honestly, for all the arrogance and high school showing off (uhhh, you went to high school....) the op is howing I though he would know the basic stuff.

Now, if you meant that any country that got prosperous under the usual policies that a lot of austrian economists have recommended you have several examples. For example, Hong Kong or Switzerland, although they have changed right now. But you have historic examples all over the place, for example Canada during most of the XIX century or the USA during specific parts of that same century. In fact you will be hard pressed to find examples of countries that became long term prosperous (that means benefiting the people, not the elites) with policies too far away from what austrian economists recommend. In fact the USA today is a very good example of why following keynesianism creates problems. The USA could quite easily solve its problems if it adopted the right policies, but right now it seems politically imposible.
1246  Economy / Trading Discussion / Re: More crap to deal with - Dwolla Reverses TradeHill Transactions on: July 26, 2011, 04:51:18 AM

Quote

This was the only way to get Dwolla's attention and sound the alarm to others who might get hurt. It actually illustrates how bitcoin is the superior currency - no chargebacks. It's not bitcoin's or TradeHill's fault if Dwolla is lame. I'm glad they exposed this now before the damage became worse. Again, this illustrates the superiority of bitcoin to other currencies - some people will lie, cheat and steal to get some.


The few people that know what Bitcoin is will understand this, but the 99% of people that will read the stories that will run internet wide over the next few days will not. Tradehill is going to be portayed as weak in security and run by amateurs with Bitcoin being hailed as a scam.

The only possible motive to air this out was to put pressure on Dwolla. Customer's accounts were not affected. By Jered's owm admission they have been dealing with this for two weeks. This was a bad "Chess Move".....

I seriously have concerns with an exchange that claims to do millions with Dwolla cannot float $37K for the better of Bitcoin as a whole.

I would have no problem with Trade Hill airing this if it affected customers but it didn't.

Trade Hill simply could have said there were issues with Dwolla transfers in and left it at that.

Bad move Jered, this is going to bite you back hard.

BCX

I dont see either how this is going to be spin off as a Bitcoin failure. Its a failure of Dwolla, a dollar service.
1247  Bitcoin / Mining / Re: I'm earning about half the BTC I should get at BTCGuild. What's going wrong? on: July 25, 2011, 10:15:59 PM
We had a user that brings bad luck to the poll. He left as a sacrifice for the rest, and as soon as he left BtcGuild has satrted having great luck. The gods of the mines were pleased with the sacrifice.

http://forum.bitcoin.org/index.php?topic=7760.msg397575#msg397575
1248  Bitcoin / Pools / Re: [~2400 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 09:09:59 PM
Eulethria, the bug where the speed of some workers is reported 0 happened again to me just now.
1249  Bitcoin / Pools / Re: [~2250 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 07:45:06 PM

back when i first started mining i would switch to a different pool when some bad luck
appeared. and half the time i would just switch to more bad luck while the pool I was on
would start getting good luck. so as soon as I leave.. we would get several blocks under
45 minutes.


I'm thinkin you should act like your switching...  switch a couple of workers and try and fool the bitcoin god...

ok. i will take one for the team. at 1PM eastern time i just switched to deepbit. prepare for massive luck in
the next several hours. and now deepbit's average block time will promptly start being about 1 every 30 minutes.

 Grin Since you left we have had 3 lucky rounds, that is 3 rounds that lasted less than the average round for the pool speed. Maybe I should start believing in gods and dragons...
1250  Other / Off-topic / Re: Our Fed fed Elites on: July 25, 2011, 06:48:18 PM
$16 trillion!
To give you an idea of how much 16 trillion is, I cant give you an idea of how much 16 trillion is.


All I know is that it would be more than enough to pay off the US national debt  Roll Eyes

It is mathematically impossible to pay off the national debt. :-(

not if you let the banks go!

Actually, he is right, I dont know if for the right reasons or not.

To get rid of the government debt you need to change the monetary system first. Otherwise, by eliminating the government debt you would eliminate (almost) all the currency.

If I am not mistaken, the last and only president to pay all the government debt in the USA was Andrew Jackson and he did it by removing the central bank and then having restrictive fiscal policies to return the debt.
1251  Bitcoin / Pools / Re: [~2250 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 05:11:38 PM

back when i first started mining i would switch to a different pool when some bad luck
appeared. and half the time i would just switch to more bad luck while the pool I was on
would start getting good luck. so as soon as I leave.. we would get several blocks under
45 minutes.


I'm thinkin you should act like your switching...  switch a couple of workers and try and fool the bitcoin god...

ok. i will take one for the team. at 1PM eastern time i just switched to deepbit. prepare for massive luck in
the next several hours. and now deepbit's average block time will promptly start being about 1 every 30 minutes.

When you die you will receive 50 virgins.
1252  Bitcoin / Bitcoin Discussion / Re: The coin just got brought up on BoingBoing again on: July 25, 2011, 04:59:33 PM
This guy is an idiot.

He actually said this.


 
Quote
the idea is to make something unforgeable as cheaply as possible. This is why all modern currencies are fiat currencies instead of being made out of gold.

Currencies aren't fiat instead of gold because of forgery. To make such an asinine and ill-informed statement says to me this guy don't have a clue.

+1
1253  Bitcoin / Pools / Re: [~2250 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 04:09:20 PM
back when i first started mining i would switch to a different pool when some bad luck
appeared. and half the time i would just switch to more bad luck while the pool I was on
would start getting good luck. so as soon as I leave.. we would get several blocks under
45 minutes.

Go away now! Its an order.

what is even more ironic.. is that btcguild has slowly been getting more and more power.. from around
2100 gh/s to 2400+ gh/s and it is not helping solve more blocks in a shorter amount of time. it just
cut our payout per block :-(

I know. My 24 hours rewards its almost at half what it should be. -50% luck in the last 24 hours its a lot of variance for such a big pool.

EDIT: Its oficial. My 24hours earnings are less than half of what they should be theoretically. <50+% bad luck in the last 24 hours. Not bad...
1254  Bitcoin / Bitcoin Discussion / Re: The coin just got brought up on BoingBoing again on: July 25, 2011, 04:06:17 PM
Someone in the comment nailed it. They are mixing the worst of both worlds. If you want a have a centralized currency you dont need hashes and shit, just have it.
1255  Bitcoin / Pools / Re: [~2250 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 03:54:40 PM
back when i first started mining i would switch to a different pool when some bad luck
appeared. and half the time i would just switch to more bad luck while the pool I was on
would start getting good luck. so as soon as I leave.. we would get several blocks under
45 minutes.

Go away now! Its an order.
1256  Bitcoin / Bitcoin Discussion / Re: Gomez Peer + Bitcoin Mining = Success! on: July 25, 2011, 03:48:26 PM
It depends if you have to pay for power.  There are many people in situations where they don't have a power bill.  And some people like me, just want to do it for fun.

If you want to blow money just for fun I recomend hookers and/or drugs.
1257  Bitcoin / Pools / Re: [~2250 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more! on: July 25, 2011, 03:45:59 PM
The bad luck is getting ridiculous. I dont know why, but we always get bad luck after changing servers. Maybe we should sacrifice some young virgin to the gods before eleuthria changes a server.

I cant believe that I have not found one block yet.....  I have logged 2006803  shares.  I am very glad I am in a pool and not solo.

speaking of finding a block,  shouldn't the lucky bastard that finds the block get some kindof bonus?  whouldn't that bring more Mhash to the pool if that is advertised?

Ive found two, and I would have made double by going alone than mining in a pool. But its all theoretical, because the murphy law states that if I had gone alone I would not have found any. Maybe if you would have gone alone, you would have found some.
1258  Other / Off-topic / Re: (almost) free energy presentation for real ? on: July 25, 2011, 02:00:44 PM
It would be great if something like this was real, but it isn't.

Although they make a big fuss about trade secrets, scientists can confirm the working of their device without needing to see trade secrets. All they need is a "black box" experiment.

Unfortunately, the "black box" demonstration wasn't run for long enough to rule out an ordinary chemical reaction. Nor was it properly audited (the measurement devices were not under the control of the observers).

If this thing had the slightest bit of legit, there's no reason why they wouldn't have shown a "black box" demonstration whose audited power output (minus power input - remember this thing is plugged into the mains) unambiguously exceeds the amount of chemical energy that can be produced from a device of that volume.

I think the purpose of the "demonstrations" might be to part investors from their money. The demonstrations certainly don't prove any new scientific effect.

Its still to be seen if its legit and it could be a scam, but how is he trying to rob investors from their money when he has agreed with the greek company financing the test to not be payed until they have a prototype working. If this is not legit and they guy is doing it just for the lulz this is the trolling of the decade probably of the century.
1259  Local / Mercado y Economía / Re: Que han comprado con sus bitcoins? on: July 25, 2011, 10:19:15 AM
Calcetines de alpaca (no es broma, son de muy buena calidad), hardware de ordenador, música, monedas de bitcoin chapadas en oro.

En unos días voy a probar por primera vez comprar la comida para mi gata con bitcoins (http://www.telepienso.com/) y espero poder comprar comida pronto. Y aunque parezca mentira llevo tiempo buscando comprar una camiseta de Bitcoin sencilla con bitcoins a un precio razonable (las que tienen precios razonables tienen cargos de envío a Europa muy caros) y no he encontrado aún.
1260  Local / Mercado y Economía / Re: Compro BitCoins on: July 25, 2011, 09:56:34 AM
Yo entiendo que esa es la comisión que cobran a la hora de comprar y vender bitcoins con el saldo que ya tienes en tu cuenta, a la hora de hacer el deposito o el retiro a tu banco en EUR pone claramente que no cobran comisiones dentro de la zona SEPA (países dentro la UE ) y cobran hasta 20EUR para países fuera de esta zona.

Quote
Free in the SEPA zone, up to 20EUR outside

La información dada por Tradehill para hacer la transferencia es para transferencias internacionales, para las nacionales se puede deducir la cuenta bancaria facilmente, son los 20 dígitos de la cuenta IBAN eliminando ES25.

Hasta donde yo se, estás en lo cierto. TradeHill cobra una comisión del 0.6% por cualquier transacción que hagas dentro de su sistema, pero para las transferencias bancarias usando SEPA no cobran nada.
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