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801  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] RealCoin - Targeted to the IM world! on: January 18, 2012, 09:18:08 PM
Been getting messages like this all day:

Quote
I don't understand RealCoin, at all. What features does it have, that Bitcoin does not? Why can't you direct all this effort to Bitcoin? Develop a better Bitcoin client, secure exchanges, etc...

Is the killer feature "Being more fair to late adopters"? Then why should anyone take the risk and adopt it now, if they can just wait?

I'm really in the dark here.

"The Bitcoin Consultancy was contracted (paid) by TheGlobber (Antonios Metaxiotis) to develop RealCoin."

Which part of this isn't obvious? We are a software development house focusing around bitcoin and crypto-currencies. This is what we do. I guarantee the software is solid. That is all.
802  Bitcoin / Bitcoin Discussion / Re: Plz livestream The Good Wife on: January 18, 2012, 07:13:49 PM
In response to DMCA emails sent out to Bitcoin users for hosting/downloading 'The Good Wife'... A mirror has been put up in a DMCA-less country.

DONT DOWNLOAD THIS FILE. I had no part in uploading this file or hosting the file.

http://fuck-dmca.rapeghost.com/manager/The.Good.Wife.S03E13.HDTV.XviD-LOL.avi

DONT DOWNLOAD THIS FILE.

Enjoy it if you didnt catch it AD FREE before!!

Instead of CBS reaching a brand new audience of new viewers, they've instead decided to try and bully us with DMCA tactics.

P.S. This show is terrible.

Haha! Soooo flippant.
803  Bitcoin / Bitcoin Discussion / Re: Who will join us today for SOPA Blackout? on: January 18, 2012, 11:53:44 AM
http://bitcoinmedia.com/ We made a song for it (see page) Cheesy

Intersango wanted to do a blackout too, but we couldn't because:
- Our legal policy is that we give 5 days notice of any downtime.
- Site changes have to be tested. Changing the code for an exchange is not a light matter.

Sad
804  Bitcoin / Bitcoin Discussion / Re: Support bitcoin.org SOPA blackout on 18 Jan on: January 17, 2012, 08:01:34 PM
Well more than 90% of people support a banner or more.
805  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] RealCoin - Targeted to the IM world! on: January 17, 2012, 07:28:21 PM
How r u going to protect ur *coin against attacks of guys like Luke Jr.? Read https://bitcointalk.org/index.php?topic=56675.0 to know what could happen.

You can only mine using the official client on your CPU. The exact mechanism how this is done is kept secret for the time being and is pretty difficult to reverse engineer. This is only a temporary measure while the network is still small.

Below are some of the changes so far (the ones in the paragraph above have been removed).

Code:
* 08dee54 (HEAD, origin/realcoin, realcoin) Fixed copyright header to refer to Bitcoin developers (oops sed)
* 94637b1 Change magic value.
* 3044b1d CheckBlock checks were backwards
* f407a79 Added rackspace bootstrap server.
* 649df8d Added additional stats to overview page.
* 2940f66 RPC use string long ints instead of floats.
* 827dda1 Revamped overview page to look much better and show number of connections.
* ae43829 Check for updates every 30 seconds from realcoin.org/check-updates
* 4a0f342 Regenerated icon using handy bash script.
* 1783c89 Amended Copyright notice on About dialog.
* 36e8100 Realcoin icons + branding.
* 4315cec Set Generate -> Mine Realcoins
* 1a33f18 Spelling correction: window -> windows.
* c6c0df5 Option to enable or disable mining [default=ON]
* 2af1c42 Added work around to skip genesis block in CheckProofOfWork which was getting triggered when loading blockchain.
* 6c385be Use a single IRC channel for bootstrap.
* 526f45b New genesis block on custom chain.
* 27f2be3 RTC -> RLC
* 50e427a RPC port 8332 -> 4668
* 0cd647f port 8333 -> 4667
* 4a0efb1 BTC -> RTC
* 8dc89e0 GUI hooks for notify-updates
* 85cc454 BQt build system modifications for notify.
* 574f19c NotifyUpdates checking periodically for "message" json from server.
* 1c07a90 Checkpoints unit test.
* 6b787a0 Replaced bootstrap DNS seed nodes with own.
* d73bc0e alerts are disabled.
* 71ba908 Removed checkpoints. Had to patch bitcoin bug.
* c0034fe bitcoin -> realcoin
806  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] RealCoin - Targeted to the IM world! on: January 17, 2012, 11:38:35 AM
Hi,

We (https://bitcoinconsultancy.com) were contracted (paid) to work on Realcoin by Antonio. We can guarantee that there is no malicious code in there to steal your funds. We have made a number of changes inside the system's functioning internally - block validation is different and mining uses a different algorithm. There are also some minor changes to the GUI and JSON-RPC interface.

However we are not lobbying for people to invest in any crypto-currency, and that includes Bitcoin. We never advocate for people to invest significant resources in these relatively experimental and volatile commodities. Instead I advise people to do their own research and make their own decisions. Invest only small amounts you can afford to lose and spread the love! Caveat emptor.
807  Bitcoin / Bitcoin Discussion / Re: Bitcoin Monopolies - Exchanges, News Services, Mining Pools, Dir List Sites, ... on: January 17, 2012, 10:57:46 AM
genjix and phantomcircuit are both from https://bitcoinconsultancy.com/ (Which is a development house)

Projects from that group:
https://intersango.com/
http://bitcoinmedia.com/
http://bitgroups.org/ (European Bitcoin Conference)
http://vibanko.com/
libbitcoin: https://bitcointalk.org/index.php?topic=30646.0
subvertx: https://bitcointalk.org/index.php?topic=50721.0
GLBSE client: https://gitorious.org/+bitcoin-consultancy-dev/black-market/black-market-client

We as a group do lots of experimental projects. There are some failed experiments which aren't public. The successful ones make it to an incubator and turn public (Intersango, ViBanko). We also do various projects for clients (doing an alternate chain now for a person) and then use that money to fund more people to work on bitcoin projects. At the moment we are a fulltime team of 5 self-employed via Bitcoin Consultancy: finance person, lawyer and developers.

Some older projects:
- Wrote most of the bitcoin wiki
- Freecoin: http://gitorious.org/freecoin
- Spesmilo: https://en.bitcoin.it/wiki/Spesmilo
- Britcoin (old UK exchange. Source: http://gitorious.org/intersango )
- PostEconomy, which was a site for putting bounties and funding developers to work on bitcoin (in some ways the precursor to our group Smiley)
808  Bitcoin / Bitcoin Discussion / Support bitcoin.org SOPA blackout on 18 Jan on: January 17, 2012, 01:05:25 AM
Nothing will happen unless you make some noise. Are you behind a blackout? SOPA/PIPA has ramifications to hurt bitcoin in a huge way. I myself am from the UK and US law affects me.

Below is the conversation so far on the bitcoin development mailing list.

---------------

Amir Taaki:
How is this not the most important world issue right now?

EVERYTHING is under threat. Go nuclear to show our nerd-rage.

Everybody blank your personal sites too. Americans, take to the streets. World, go scream at the US embassy.

------------------

Jeff Garzik
On Sun, Jan 15, 2012 at 5:09 PM, Amir Taaki <> wrote:
> How is this not the most important world issue right now?
>
> EVERYTHING is under threat. Go nuclear to show our nerd-rage.
>
> Everybody blank your personal sites too. Americans, take to the streets. World, go scream at the US embassy.


There are always issues that raise ire and moral outrage.  I would
rather that bitcoin.org stay apolitical -- our users will appreciate
this in the long run.

---------------------

Luke-Jr
On Sunday, January 15, 2012 5:37:05 PM Jeff Garzik wrote:
> There are always issues that raise ire and moral outrage.  I would
> rather that bitcoin.org stay apolitical -- our users will appreciate
> this in the long run.

I agree (with the conclusion). There are much more important and urgent
problems than SOPA/PIPA that we'd need to constantly 'blackout' if we did it
over every single problem.

---------------------

Wladimir
Internet censorship *is* a threat to bitcoin, if we don't stand up for our rights now we deserve anything that is coming. There will be no "long run".

----------------------

Gregory Maxwell
On Mon, Jan 16, 2012 at 2:35 AM, Wladimir <> wrote:
> Internet censorship *is* a threat to bitcoin, if we don't stand up for our
> rights now we deserve anything that is coming. There will be no "long run".

Very few people actually care if they can load that particular URL ...
if you were talking about the forums it might matter more.  It also
might make sense to run some informative popup, except people are
going to be seeing them all over the internet on higher traffic sites.

E.g.: http://en.wikipedia.org/wiki/File:Wikipedia_SOPA_Blackout_Design_%28derivative_A%29.png

---------------------

Wladimir
On Mon, Jan 16, 2012 at 9:12 AM, Gregory Maxwell <> wrote:

    On Mon, Jan 16, 2012 at 2:35 AM, Wladimir <> wrote:
    > Internet censorship *is* a threat to bitcoin, if we don't stand up for our
    > rights now we deserve anything that is coming. There will be no "long run".

    Very few people actually care if they can load that particular URL ...
    if you were talking about the forums it might matter more.   It also
    might make sense to run some informative popup, except people are
    going to be seeing them all over the internet on higher traffic sites.


Agreed, a notice would be enough. No need to make the entire site inaccessible either.

Wladimir

---------------------

Amir Taaki

From: Jeff Garzik <>
> There are always issues that raise ire and moral outrage.  I would
> rather that bitcoin.org stay apolitical -- our users will appreciate
> this in the long run.

Bunk argument. This is an issue that affects bitcoin directly.

Wikipedia has far more need to remain neutral and apolitical than bitcoin ever does- you've read Satoshi's politically charged whitepaper or seen the genesis block quote.

http://en.wikipedia.org/wiki/Wikipedia:SOPA_initiative/Action

The Wikipedia community decided on a full and global blackout. Bitcoin should do the same in unison with the rest of the web- sites like Reddit, 4chan and Wikipedia.

It's funny / almost comical how you consign this to being just another issue or case of moral alarm. Sad.
809  Bitcoin / Bitcoin Discussion / Re: Bitcoin in tv show -The Good Wife - Episode 3.13 - Finding Mr. Bitcoin on: January 16, 2012, 09:55:48 AM
Share ratio: 5.90 Grin
810  Bitcoin / Bitcoin Discussion / Re: Plz livestream The Good Wife on: January 16, 2012, 04:34:38 AM
They well highlighted the benefits of Bitcoin over money, The law firm did not want to take cash,  ... "only took 20min to change dollars bills into another piece of paper"

"It's the future, ... really gonna change ... Just watch."

-Mr Stack   Wink ...

Anyone else nearly jizzed in their pants when he said that ? I sure did !

yeah I did. That was too good.

*STARE*

It's the future.
811  Bitcoin / Bitcoin Discussion / Re: Plz livestream The Good Wife on: January 16, 2012, 04:33:12 AM
Review of the Good Wife episode for those who want the rundown Smiley

http://bitcoinmedia.com/good-wife-episode-review/
812  Bitcoin / Bitcoin Discussion / Re: Bitcoin in tv show -The Good Wife - Episode 3.13 - Finding Mr. Bitcoin on: January 16, 2012, 04:31:31 AM
Review of the Good Wife episode for those who want the rundown Smiley

http://bitcoinmedia.com/good-wife-episode-review/
813  Bitcoin / Bitcoin Discussion / Re: Plz livestream The Good Wife on: January 16, 2012, 02:58:54 AM
ZOMG! FANTASTIC EPISODE!!
814  Bitcoin / Bitcoin Discussion / Re: Plz livestream The Good Wife on: January 15, 2012, 09:06:30 PM
You are free to be an asshole if you want, but keep in mind your actions have consequences.

Lots of pussy and the good life.
815  Bitcoin / Bitcoin Discussion / Re: Need a quick and to the point answer on this one on: January 15, 2012, 07:53:49 PM
yeah its called a flyweight client,
https://bitcointalk.org/index.php?topic=50721.0
816  Bitcoin / Bitcoin Discussion / Bitcoin's environmental friendliness on: January 15, 2012, 02:39:44 AM
+ Current monetary system is ridiculously inefficient.
+ Federated overlay networks are very efficient (bitcoin being used as a settlements system)
+ People find more efficient ways to mine using less electricity
- Difficulty goes up

Trying to calculate how many bitcoins is a KwH is kinda like trying to find angels on a pinhead.

It's in response to this article where someone said:
Quote from: Will Sterling
I have a mining rig that uses about the same ammount of energy per month as used at home by the average American family of 4. This has produced a value of about $1,000 in bitcoins over the past 6 months. I don’t think that the energy efficiency argument holds. Even if processors became more efficient, that would make mining more profitable, so the number of miners would increase, the difficulty would increase, and the net effect would be no energy savings.

He makes a good point.

Quote from: Brian
The energy cost of mining shouldn’t be ignored either. You’re right that energy efficiency is the limiting factor, since nobody is going to mine-long term if it’s NOT cost effective…and people WILL mine if it is. Which means that the energy used to solve a block will trend towards the value of solving that block. If Bitcoin was underlying the world economy, the value of solving a block would be very large and thus worth spending very large amounts of money to do.

We can use an approximate model for the future by replacing the block subsidy by a constant sum of fees. This isn't completely realistic but it works for our model.

S = subsidy (or sum of fees)
C = electricity cost

C - S -> 0 - delta

I put a negative delta there, because people make bad bets all the time.
817  Bitcoin / Bitcoin Discussion / Re: Amir Taaki (genjix) on Max Keiser on: January 15, 2012, 02:09:01 AM
I was invited to talk about copyright, free software and the internet because of that article I wrote and my work in free software. It was not about bitcoin and I was not there representing bitcoin.

Also:
462 likes, 14 dislikes

Haters gonna hate Smiley

BTW

The time is very short. you can only talk about one thing really so i decided to emphasise the importance, the grandness and inspiring empowerment.
If people want facts and info... the internet is there.
If you can choose between the 2, the former is always better. Bitcoin is much sexier as part of a global revolution, rather than a better payment system.
818  Bitcoin / Project Development / Re: Intersango exchange (formerly Britcoin) on: January 14, 2012, 08:38:08 PM
UK transfers

We are experiencing banking difficulties and our account is locked. It is likely nothing to worry about but current transfers will be bounced back until this is resolved. We have dealt with problems like this in the past.

Yesterday (Friday), we had a discussion with our business manager who will look into the problem. We have an appointment scheduled for Monday where we will find out the issue and it should be resolved.

We've had 2 previous incidents before with Lloyds which caused our account to be locked because of less than 20 GBP transfers which were categorized as suspicious in nature and our account was reactivated immediately.

- UK transfers received on or after the evening of the 9th will be delayed.
- Transfers made now will bounce back to your account.
- More information on Monday 16 Jan
819  Bitcoin / Bitcoin Discussion / Intersango UK banking issues on: January 14, 2012, 08:37:08 PM
UK transfers

We are experiencing banking difficulties and our account is locked. It is likely nothing to worry about but current transfers will be bounced back until this is resolved. We have dealt with problems like this in the past.

Yesterday (Friday), we had a discussion with our business manager who will look into the problem. We have an appointment scheduled for Monday where we will find out the issue and it should be resolved.

We've had 2 previous incidents before with Lloyds which caused our account to be locked because of less than 20 GBP transfers which were categorized as suspicious in nature and our account was reactivated immediately.

- UK transfers received on or after the evening of the 9th will be delayed.
- Transfers made now will bounce back to your account.
- More information on Monday 16 Jan
820  Bitcoin / Bitcoin Discussion / Re: Several steady unknown deposits on my MtGox account on: January 14, 2012, 08:32:49 PM
This is really nice of you. You're a great person. Good job.
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