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1621  Bitcoin / Bitcoin Discussion / Re: [FORTUNE] The clock is ticking on Bitcoin on: June 18, 2011, 06:18:52 AM
I agree...to quote a line from the movie "Strange Days", "...it's not whether you are paranoid...it's whether you are paranoid enough.."
Great, add more paranoia to the fanatic rants. That's exactly what Bitcoin needs to be taken seriously.

You being paranoid does not mean they are not after you. Cheesy
1622  Other / Politics & Society / Re: American-liberals, socialists and statists, what is your idea of liberty? on: June 18, 2011, 05:54:05 AM
I am a Liberal and a Socialist, although not a Statist.

To me liberty is freedom from coercion.  When nobody else can claim right to my labor, my time, or my body without my consent.

It sounds like you should defend the free market then.
1623  Bitcoin / Bitcoin Discussion / Re: [FORTUNE] The clock is ticking on Bitcoin on: June 18, 2011, 05:22:24 AM
The hit pieces are getting bolder. I can smell the fear from here.
1624  Bitcoin / Bitcoin Discussion / Re: Who sells Milk on SilkRoad? on: June 18, 2011, 04:17:36 AM
Maybe it is breast milk or something weird like that.
There was a show on NPR where people were eating breast milk cheese.  It made me want to stab myself in the face.

It really is a strange time we live in when consuming milk from animals is considered more normal than breast milk.

Human milk is animal milk.
1625  Other / CPU/GPU Bitcoin mining hardware / Re: unstable speed in PCIe x1 extender on: June 17, 2011, 10:23:07 AM
Im getting stable speed of 441Mh/s on a 5870 using a pci-e x1 to x16 extender (the extender has a molex to get the energy from the PS directly and not from the motherboard, got it at cablesaurius).
1626  Economy / Economics / Re: What Will Influence the Price per Bitcoin? on: June 17, 2011, 09:04:34 AM
There are three broad groups of people who actually need bitcoins:

- The young, who don't have credit cards and maybe not even non parent controlled bank accounts but want to send someone money.  What better way than bitcoin?

- The embarrassed, who probably don't want payments to a porn web site appearing on their credit card statement.

- The 'legally challenged', who want to order illegal goods, pay for an illegal service or just want to move money with an added layer of obscurity (tax evasion, money laundering, etc).

The rest don't really matter.  Bitcoin will never be popular as long as it's a geek's toy, or used on the basis of libetarian ideals.  I expect the above three groups to drive bitcoin's adoption (or failure, if they're just not interested).

Those might be the drivers at this point, as libertarians ideals and geek interest were the drivers when bitcoin was just an idea. But when/if the Bitcoin economy develops due to those drivers, Bitcoin will become a very real and efficient way of sending money around the world and as it grows more merchants will see the utility of accepting it.
1627  Bitcoin / Bitcoin Discussion / Re: Concerned about security. on: June 17, 2011, 08:22:30 AM
But Blockexplorer is there, for all of us. I think you'll have to "laundry" your rich wallet.

Whose talking about laundering money? I am just talking about securing your bitcoins.


Because the bad guy can see the history of transactions of your "everyday" wallet. If there something suspicious, like big transfers for only one address, it's a problem. You can manually "laundry" your money generating new addresses in every transaction at your "savings" wallet. Make it little chunks at a time, with broken numbers. (Just a little paranoid right now.)

In future versions of the client, Bitcoin should look more like an user-friendly password-protected crypto-currency with plausible-deniability of it's existence (multiple hidden volumes). OR kids in school should learn how to protect and secure a digital file right now.

It's very hard to be your own bank, but i'm loving every minute of it.

Yes, an attacker could see that you transfered money from one account (the "rich" one) to the day to day account, so what? It would be extremelly difficult for him to attack you just in the precise moment you fire up your computer with the USB and the minute you need to transfer funds to your day to day account to use them. Specially since he/she has no idea when are you going to do it and it could be months or years for you to use that USB. And then he would have to detect the new computer, find out the operating system  and hack it in a few minutes. And if you are very paranoic you could to it in your neightbour computer that has a different internet conexion.

There is no system 100% secure, not even the network at the Pentagon, but the odds of someone fucking you if you do this are very very low.
1628  Other / Politics & Society / Re: Sweatshops in a realistic light. on: June 17, 2011, 08:11:26 AM
You can't get rid of greedy people. You can eliminate their structures of power.

Such as private property? Wink

Without private property people are still greedy.

For example, if you choose to decide everything in an assembly, apart from being poverty exploitation because its so inefficient you are condenming everybody to be poor, the more rethorical and politcally skilled will do better than the rest. Its political darwinism. So you will still have greed.

PS: Btw, a system of assemblies still needs to have property divissions for the different assemblies, unles you are decided to condemn all humanity to starve to death by having a unique world assembly.
1629  Bitcoin / Bitcoin Discussion / Re: Concerned about security. on: June 17, 2011, 06:34:33 AM
But Blockexplorer is there, for all of us. I think you'll have to "laundry" your rich wallet.

Whose talking about laundering money? I am just talking about securing your bitcoins.

Quote
No. USB sticks are phenomenally likely to break or corrupt your data. Or get stolen, lost etc.

1. Security copies are a must, and that is independently of anything else. You can use this USB method and still have your wallet saved in other way or even encryupted in some online storage service.

2. Yes, if they break into your home they can steal you from you. You might want to have your bitcoins somewhere sfe. Its always a trade off of security vs commodity vs cost of keep it secure. But this is true for any kind of money, not only Bitcoin.
1630  Bitcoin / Bitcoin Discussion / Re: Gamecoin, namecoin, voteoin, witoin, somethingcoin on: June 17, 2011, 06:29:04 AM
How about gaybits, where you exchange penis photos in exchange for bitcoins? lol

I bet you pussycoins would go higher than gold in a couple of months. Cheesy
1631  Other / Politics & Society / Re: African Economist: “For God’s Sake, Please Stop the Aid!” on: June 17, 2011, 06:26:30 AM
Dambisa Moyo's book "Dead aid" is very good in this respect.

http://www.youtube.com/watch?v=BFABdPOpr2A

And she is hot.  Cool
1632  Other / CPU/GPU Bitcoin mining hardware / Re: 5850 Linux Overclock more than 775Mhz without modified BIOS on: June 17, 2011, 06:21:06 AM
So is it possible to overclock a 5850 in linux more than 775Mhz without modifying the BIOS?

btw why can it be done in windows and not in linux?

Hi, with AMDOverDriveCtrl you can go up to 900, beyond that I think you need to edit Bios.
http://sourceforge.net/projects/amdovdrvctrl/

AFAIK windows has a tool, trix or something, where you can overvolt and stuff, thats something
missing for linux.

It depends on the card manufacturer. I had a Asus 5870 that allowed me to go to 1200Mhz core speed without wihout flahsing (in reality I could not go over 1010 without the card becoming unstable). And then I had a XFX 5870 that only allowed me to go to 900Mhz core speed, and had to flash it.
1633  Economy / Economics / Re: Currency Wars and speculations on Bitcoin's future on: June 17, 2011, 06:01:37 AM
Why is the world's reserve currency the US$?  That's what the Allied industrialised countries agreed upon in 1944 with the Bretton Woods agreement.  The system ended in 1971 but by then the dollar was too important to world trade, so the defacto reserve status continued.  The USA was also the primary oil producer in the world (Japan went to war with the USA after the US blocked supply).

The US dollar has many problems, but no one really has a better system.  The Euro?  That's beginning to look quite fragile after little more than a decade.  Yuan?  Tied mainly to the US$.  Gold?  The only people advocating gold are the ones sitting on bullion bars talking their book.  The only thing that's certain is that bitcoin won't make any difference to world events.

They did not agree on it. USA had the industry intact and the military might to impose the dollar as reserve currency while Europe was devasted. In fact, the USA government had been trying to impose the dollar on other countries for decades, from late XIX century, early XX century. It all started with the progressive movement when they created the american imperialist mentality. Their moto was: "Extend democracy over the world". The USA imposed the dollar on Mexico, Cuba, Philiphines and more. They even tried to impose the dollar in China but failed. Most of this efforst were supported by military actions, basically totally or partially invading those countries.

So at the end of the IWW the USA government and the interests around it saw the perfect oportunity and imposed the dollar in the world. There is a reason why the USA has military bases all over the world.

Thinking that the rest of the countries agreed to use the dollar is extremely naive. In fact, most of the countries have complained about the dollar as rserve currency, but at the end nobody dares to do nothing about it.
1634  Bitcoin / Bitcoin Discussion / Re: We need to look at Bitcoin as a company.... on: June 17, 2011, 05:53:35 AM
Community, company... No real difference. Both types of organizations are about achieving a common goal or product. Also, don't use the word corporate. We aren't about limited liability here.

Corporate world is just an expression.
1635  Bitcoin / Bitcoin Discussion / Re: Concerned about security. on: June 17, 2011, 05:52:45 AM
Promoting USB memory sticks with a linux OS and a bitcoin wallet is better idea.

You have two wallets, the day to day one in your normal computer and the "rich" one, with most of your funds in the USB. When you want to transfer funds from the "rich" wallet you turn off the computer, insert the USB and turn on the computer so it loads the OS from the USB. Then you transfer the funds, close the computer and remove the USB.
1636  Bitcoin / Bitcoin Discussion / Re: We need to look at Bitcoin as a company.... on: June 17, 2011, 05:48:25 AM
Bitcoin is a community not a company, but marketing wise it would be a good idea to look at some ideas from the corporate world on how to handle different issues. The attacks on Bitcoin are getting anoying.
1637  Bitcoin / Mining / Re: Its coming down on: June 17, 2011, 05:37:28 AM
I work at AMD as a beta card tester, we've been testing the new 7xxx prototype for a while,
past few days I install a grid miner to about 10k of these cards for the heck of it.
didn't know it would cause so many issue for you gaise, sorri.

Hahah, trolls are getting certainly creative.

PS: Just in the 0.1% chance you are for real, you didnt cause any problem, I was just curious.
1638  Bitcoin / Mining / Re: Will there realistically be another major advance in mining before we finish up? on: June 17, 2011, 05:32:33 AM
There-by eventually ensuring that the only miners will be ones with access to their own gargantuan ASIC arrays or QC's themselves...

Centralization is a bitch, isn't it?

...even bitcoin is HARDLY immune to it.

Thats hardly centralization. More like speciallization and it makes sense. Less electricity for the same task.
1639  Economy / Economics / Re: Trading or mining? That is the question.. on: June 17, 2011, 05:29:33 AM
2-3 months ago the answer was mining. Right now it seems the answer is trading. Buying new mining rigs is getting incredibly risky, since the competition is crahing the margins at alarming rate. Also, you have all this talk about fpga's and dedicated bitcoin mining chips coming soon, which would basiclly render any hardware bought now obsolete for bitcoin mining.

Was thinking about buying a gaming rig before finding out about the bitcoin. Now I'm thinking, hmm, what about a hybrid gaming/mining? Does that sound feasible?

Buying a AMD card instead of a Nvidia card so you can mine makes all the sense. Buying more cards to mine is up to you. Do the numbers, electricity cost vs expected difficulty and bitcoin exchange price. Bitcoin difficulty went up around 50% recenlty after only 8 days since the previous rise. Now it seems there is going to be another rise of around 50% in 10 days and that could get higher if more mining power is added to the network.
1640  Economy / Economics / Re: Trading or mining? That is the question.. on: June 17, 2011, 04:48:59 AM
2-3 months ago the answer was mining. Right now it seems the answer is trading. Buying new mining rigs is getting incredibly risky, since the competition is crahing the margins at alarming rate. Also, you have all this talk about fpga's and dedicated bitcoin mining chips coming soon, which would basiclly render any hardware bought now obsolete for bitcoin mining.
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