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781  Economy / Service Announcements / Re: First Brazilian Bitcoin investment group: 6.97% in 15 days! New Group open! on: October 26, 2011, 12:37:11 PM
Not sure how this is any different to MyBitcoin...
782  Economy / Economics / Re: Gold, oil, fiat money and the islamic law on: October 26, 2011, 12:34:28 PM
This is definately worth a bump.

The fact that a culture has the foresight to disallow the promise of payment is very interesting.

Bitcoin is not a promise to pay because it involves cryptographic work. Therefore it is of interest to the muslim who wishes to follow Sharia to use Bitcoin! Seeing as the Muslim world is global then there's surely got to be a massive market for bitcoin there! If you have a friend who is muslim ask them about this aspect of Sharia law.

This has got to be why the Islamic world is being bombed all over the place.
783  Bitcoin / Bitcoin Discussion / Re: We're under attack on: October 26, 2011, 12:03:44 PM
Post 9/11 financial privacy is very difficult these days. But still very possible.

Apparently what companies do now is register a company in one place and then bank in another. The difference is that in order to do that you have to register a company somewhere that doesn't tell the USA who the directors are straight away, and that means $1000's in company annual fees. All it's done is push the overheads up a bit making it generally too much hassle for the individual rather than a company.

What if exchanges with Bitcoin were outlawed in the EU and America though? And for that matter gold too at the same time? That would be a bit like having a walled garden around the more commonly known almost anonymous currencies. The worst scanario is that you can't get money in and you can't get money out. Probably for a while a way out would be allowed in order to get the value to collapse.
However, if you already hold Bitcoins then you still have that functionality available to you, how much would you pay in terms of risk to maintain that possibility? If many people say 'Well, even if I think it's going to crash to $0.01 I'll still keep $200 in there just on the offchance it might come in handy for armageddon' then we have a strong floor on the value of the currency.

Which is better to have in a crackdown? Gold or Bitcoin? How anonymous is Bitcoin compared to gold? That's a case of CCTV camera vs Deep Packet Inspection. In that case Gold wins. But gold is not portable and I think harder to use in transactions in practice than many have thought about. The answer has to be a bit of both, assuming you stay in one place at a time enough to keep gold somewhere.

My point is that exchanges via bank transfers are so the first thing to disappear. But there are plenty of other ways to get Bitcoin. Selling gold for Bitcoin, cash (or Hawala?). There is also the possibility of taking a risk with something that might be spotted. There are some banks in some countries that are so disorganised records just don't get recorded properly and even if they do and the USA wants to know more there's a massive beaurocratic process to go through.

 But regards decentralised exchange the question then becomes how to put people in touch with each other? Then I think you want a number of ways - freenet sites, p2p exchanges and eepsites. We need this NOW and everyone on this forum to be aware of it. Does anyone here know how to make a Freenet Wiki or another way of decentralised communication?
784  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 25, 2011, 09:45:16 PM

autogen.sh can't find the necessary libcurl autoconf magic to build your configure script. Thus, instead of transforming the macro LIBCURL_CHECK_CONFIG into something useful, it's left as-is.

Your libcurl install probably screwed up, or autogen just can't find it.
[/quote]

Thanks. Fixed with
Code:
#apt-get install libcurl4-gnutls-dev

Now if I run

Code:
./litecoind -gen=0 -nolisten -daemon -rpcport=8332

And test by connecting with
Code:
nc 127.0.0.1 8332

I find that litecoin isn't listening for the miner to connect to.

Sorry to bumpa thread just for this!
785  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 25, 2011, 08:03:27 PM
I can't search this thread so I guess I have to ask - linux binary miner?

(got trouble with  ./configure: line 4759: `LIBCURL_CHECK_CONFIG(, 7.10.1, ,'), losing patient to be honest after fixing aclocal)
786  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 24, 2011, 09:35:43 PM
What's your hash rate?

You don't make progress when mining, you have the same chance of generating a block for every hash you generate.
[/quote]

Hash is approx. 2x3000khash.
I understand that with probability it's not accumulative. But the chances of not getting anything after a couple of days seems a bit much? I just want to be sure everything's setup ok

To the guy who compiled on linux: congrats, I had no joy on that... do we trust you for a binary now? <wink>
787  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 24, 2011, 04:33:42 PM

[/quote]
That doesn't mean a block has been found.
[/quote]

Thanks :/ Been going for a couple of days now and still nothing... I'm thinking something's wrong....
788  Bitcoin / Bitcoin Discussion / Re: Mappers vs Packers. Why Most People Don't Get Bitcoin on: October 24, 2011, 12:17:13 PM
I prefer the term 'sensing' for packing.

People don't fall into categories like this. When sitting in front of a computer I tend to be a mapper. If I do Tai Chi or dancing I tend to sense.

There's also a complex relationship between the 2 I don't understand. That is, to turn off self thought mapping answers can sometimes just come out of the blue. The drawback of course is that sensing can't be social so you loose all the power of the network.
789  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 24, 2011, 11:52:51 AM
No, the messy output usually happens after long poll.

Are you replying to me to say that this isn't a block found:

"[[22001111--110-24 09:430:-2234]  0t9h:r4e3a:d2 20]:  t3h6r1e8a dh as1h:e s3,0 2
0.45 0h akshhaessh,/ s0ec
.47 khash/sec"
 
?
790  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 24, 2011, 08:46:43 AM
Code:
[[22001111--110-24 09:430:-2234]  0t9h:r4e3a:d2 20]:  t3h6r1e8a dh as1h:e s3,0 2
0.45 0h akshhaessh,/ s0ec
.47 khash/sec

^ does this mean the miner has found a block? It's different from the usual:

Code:
[2011-10-24 09:44:58] thread 0: 3175 hashes, 0.56 khash/sec


No extra coins are shown in the client window as I would expect. Been mining for a couple of days and still nothing makes me think there's something wrong even though I can see the rpc user & password are excepted.
791  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 23, 2011, 12:44:59 PM
Been mining for over 16 hours and no coins yet. Running mined and connecting to the client. No error messages. Approx 2x3000khash.

Also, the exchange needs a manual price... not sure what price to ask. Says 'insufficient funds' though there are funds and only one order that does not amount to more than the funds available
792  Other / Off-topic / Re: International Employment on: October 23, 2011, 09:56:23 AM
visas are crap. Getting paid in fiat is crap.

Get a biz income in btc and no more begging for a damn job. Got an idea? Pm's welcome.
793  Bitcoin / Project Development / Re: mtgox requires physical identification on: October 23, 2011, 09:38:50 AM
mtgox are fair to ask for id. But it is completely evil to let people deposit money thinking they have anonimity. Spread it on the forums, edit a note whereever you see gox - using this exchange removes privacy due to withdrawal limits that vary as limitless as exchange rates.

Let this be a lesson to everyone. And a lesson for me, i thank you for the warning, especially on gov fund siezures.

I lost almost all my life savings years ago when the gov froze a fund. The court case has been going on for years and by the time i get the funds unfrozen i expect the printing press would have decimated my savings. This can happen with mtgox and any other exchange so LET THAT BE A LESSON  to spread eggs to many baskets.

 And trust your instinct too;  before it happened i started to withdraw even though i no idea what was spooking me. If i had converted to bitcoin back then i'd be drinking a barcadi and coke in the carribean by now!
794  Bitcoin / Bitcoin Discussion / Re: Decentralized BTC Exchange Client. impossible to implament? on: October 22, 2011, 03:43:58 PM
Somebody through up a wiki on freenet for buy & sell offers until something automatching is made.
795  Bitcoin / Bitcoin Discussion / Re: [Mt. Gox Court Case] Do you all know who controls the central bank of France? on: October 22, 2011, 03:36:05 PM
This article shows how networks create clumps:
http://www.newscientist.com/article/mg21228354.500-revealed--the-capitalist-network-that-runs-the-world.html

...which has led to the unbalance of humanity due to money. It happens to grains of sand on a vibrating disc and it happens to money and people in cities. 

Bitcoin is no different. Regardless of Bitcoin bigger internet nodes are more powerful than less connected ones.

We have the opportunity now, to build into the algorithm now measures to balance this back out. However that opportunity must be incorporated when we next find the next big improvement to match adoption, such as blockchain pruning etc.

796  Bitcoin / Bitcoin Discussion / Re: Bitcoin as computational commodity on: October 21, 2011, 10:43:38 PM
I think we have practically all of the means to do this,

(p2p exchange, distributed resource allocation I forget the name of it)

it just needs meshing together.
797  Bitcoin / Development & Technical Discussion / Re: Is there an import/export transaction patch? on: October 21, 2011, 10:38:40 PM
Nice work, so the thing we want eventually is an "Make offline payment" (aka export the transaction), then on another wallet/client "Publish offline payment" (aka import transaction and rebroadcast) Smiley

This is very handy. I'd love to see it in the mobile client or perhaps even a standalone client that works on a provided wallet.dat , ability to send by bluetooth and SMS
798  Bitcoin / Project Development / Re: Portable all in one bitcoin wallet on: October 20, 2011, 11:01:24 AM
I love it. But an android phone worth <$100 with wallet or bitpay installed seems to superseed this, happily for most but a shame for your effort. The advantage here I suppose is that you can adapter it more with USB host mode, and also running linux code direct, and it seems like a useful thing anyway.
799  Bitcoin / Bitcoin Discussion / Re: Price Conspiracy on: October 20, 2011, 12:22:33 AM

Are you paying your programmer the same amount of Bitcoins per hour for their work as you were 3 months ago?  Will 100 BTC buy you as much computer hardware now as it did 3 months ago?

The purchasing power of your Bitcoins has declined significantly. ...

For most people, it's simply not as convenient to be paid in Bitcoins as by conventional means because converting them back to cash attracts fees,
[/quote]

Getting people actually thinking in BTC takes time because that thought in the head is competing for previous currencies. It's like going on holiday - even though you know the prices from conversion it's not instinctual. This takes a very long time. Until then it's conversion from another currency.

The price can crash within days but USD can crash very quick too. Of course we now think it's less likely, especially with USD. But what about Libian Dinar, they didn't see it coming that much did they? Perhaps for them it was as unthinkable as multinukes on the USA. Of course I agree that USD is more stable than BTC but wait,
 by buying USD you are giving power to the FED. It's a political action. Nobody ever thinks like this. You should. South American USA hating countries... and then they keep savings under the matress in USD. The thinker creates the world.

Still, what if you're in a country with Pesos. Plenty of countries with pesos have had limits on exchanging USD and gold in the past and still have 10-30% inflation now. BTC isn't great but it isn't terrible.

Next up, international transfers. If you got family in the USA and you live in the EU you can transfer to BTC via Intersango, send to an exchange with a presence in the USA and withdraw as USD. If you're worried about BTC stability then it's only exposed for 24hours. Depending on the exchanges you can also get some anonimity (such as OTC). You're getting access to the community. It's more accessible. What's the alternative? Western Union at $40 a pop when you're a migrant worker? It's extremely useful already for people who travel.

Also useful for purchasing gold with some anonimity if you are worried about possible future gold confiscations.

Next one I see a lot here is just being able to post donation addresses. Closest thing to that would be paypal and posting an email address. You'd have to use an email just for that as you'd get spammed. Plus we all know paypal is a pain. It seems more accessible than flattr to me.

Even for the desperate survivialist who really thinks that any currency he tries to hide is under threat - gold, USD, everything right now, BTC is still a useful thing. I don't think the recession has started...

Those are the killer app / unique selling points of BTC I've seen so far that I can think of right now. I haven't seen other blockchains add much. Yet.

The price is in the toilet, get over it. You can look at the pattern to try to figure out why it's going down. For example, is it a case of now the rate is following mining. I expect mining to continue seeing as if people have the hardware they're probably going to find it hard to hit the off switch emotionally.
800  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: October 19, 2011, 10:42:52 PM
It's called litecoin... but the blockchain still grows forever.

A simple tweak to block generation is all I see for faster transactions.

So far all I've seen on alternative clients is simple tweaks. What happens if a new client actually contributes something significant and noticable?
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