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1361  Other / Meta / Re: [SUGGESTION] Forum topics should auto-close after period of inactivity on: September 28, 2012, 12:31:13 AM
What's wrong with old threads? There's a lot of posts/threads, and there's a lot of interesting older discussions that will never get read by people who would be interested in it.
+1

Better to necro an old thread than to have to relearn historical knowledge. Many forums have a policy against duplicate threads, in fact. Prohibiting necros is equivalent to adding a policy requiring duplicate threads.
1362  Economy / Auctions / Re: Advertise on this forum - Round 52 - 52 SLOTS AVAILABLE on: September 28, 2012, 12:22:08 AM
0.5
I take it that this means he updated his bid to 0.3. In that case, I believe you are right, theymos.
1363  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 27, 2012, 11:32:28 PM
1364  Bitcoin / Bitcoin Discussion / Re: List of Major Bitcoin Heists, Thefts, Hacks, Scams, and Losses on: September 27, 2012, 11:20:32 PM


~Andrew Nolan Scam
Time: February 2012
Victim: Investors of Shades Minoco, creditors of bitcointalk.org user "shakaru", investors of BitArb
Status: Andrew Nolan (thief) known but disappeared, repaid some (not included in amount)
Amount: Lower bound 2211.07786728 BTC, possibly more
Equivalent USD: 10978 $ (wt. avg price, rounded to nearest $)


It is a small detail but I think it is important because Google indexes it: his last name is actually Nollan.

One of his email that I know of (he uses/used it for Paypal) is andrew.nollan@gmail.com

Done.
1365  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 27, 2012, 11:16:27 PM

This isn't the right number.

1366  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 27, 2012, 10:38:50 PM
3012: 0.014343% of the way


We've passed 3000, which was 1/7000 of the way there.
1367  Other / Beginners & Help / Re: Confirmations. What are they? on: September 27, 2012, 08:59:06 PM
Is that really all it is? So … waiting for three confirmations always takes up to half an hour?

One confirmation takes, on average, 10 minutes.

Sometimes it is faster, sometimes it is slower, as the network and probability constantly adjust.


If Moore's Law and Koomey's Law both hold, it will on average be faster than 10 minutes.
1368  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation on: September 27, 2012, 08:53:58 PM
Any plan to send a confirmation message to new members by email and confirm reception of coins?



I thought the bitcoin protocol confirms reception of coins?
Confirm that they recognize the reception of coins.
1369  Other / Meta / [BUG] Ignore fails on posts made after starting reply on: September 27, 2012, 08:33:17 PM
After beginning to reply, clicking the post button, seeing the new posts red text, and scrolling back to the Post button, I noticed that the new posts while I was posting are not ignored. Posts made before I clicked "reply" are correctly ignored, displaying "Show/Hide". Posts recently made are shown and no "Show/Hide" button is present. This is extremely annoying, because the recent posts are also just below the "Post" button.

If I can make a feature suggestion as well, I would suggest the red text not show up if the only new posts were from ignored members.
1370  Bitcoin / Bitcoin Discussion / Re: [ANN] Bitcoin Foundation on: September 27, 2012, 08:28:47 PM
Although the idea is great, I feel that the public relations done so far are lacklustre. The website clearly needs some proofreading. Two mistakes are blatant:

Quote
Cryptography is the key to Bitcoin’s success so far.
This should be "Cryptography has been the key to Bitcoin's success so far", or, more simply, "Cryptography is the key to Bitcoin's success".

Quote
Platinum Membership -- for enterprises wishing to support Bitcoin
This has lazy punctuation usage.
1371  Economy / Speculation / Re: In the horizon: difficulty crashes! on: September 27, 2012, 08:09:23 PM
Miners shutting off or liquidating

If they haven't by now, they probably are holding until block 210,000.  There's little risk to just seeing what happens.

Price appreciating[//quote]

That would definitely make mining more profitable.   I'm not convinced though.  It isn't a shock that it will occur -- and a lot of speculative buying has already occurred with the expectation of a rise.  If it doesn't happen, there could be a lot of dumping instead.

Delayed ASIC[/b] No ASIC until 2013.

There's still a month backlog of FPGA shipments even.   Plus, even if the ASICs aren't shipping, doesn't mean they aren't mining!  

Nobody knows for sure, but I would bet that unless the exchange rate rises, mining profitability will be decreasing from here through block 210,00.
Theres the risk that the market will be flooded with GPUs driving the price down.. better sell now.
Miners sell GPUs for BTC, which brings the price of BTC up relative to the GPU.
1372  Other / Off-topic / Re: As the oldest miner in the forum, I declare... on: September 27, 2012, 12:11:03 PM
To save people 1000 BTC, I'd like to point out that Maria has in fact mined since April 2009; it is likely that she is not lying in that department. This address mined a block and sent the coins to an Mt. Gox deposit address which Maria claimed were hers.

I was originally just going to post to ask why everyone was feeding the troll, but then I came across this so now I have to ask, "can you provide a link to where she made the claim that this Mt. Gox deposit address belongs to her...?

Either way, we still know she's a liar. Unless she's been mining since '09 AND she's actually a beautiful Indian actress...
Here's a post that proves it fairly well:
Status: 0/unconfirmed
Date: 6/16/2011 22:19
To: 1GqkXSDGATi2Lof1ySewk1GPe2orcwAtYn
Debit: -1,500.00
Net amount: -1,500.00

That is one of the 2 orders I placed with MT GOX

Is your client connected and does it have all the blocks? http://blockexplorer.com/address/1GqkXSDGATi2Lof1ySewk1GPe2orcwAtYn says it's never been in the network.

Can you link me to the thread this came from...?
Yes sir.
1373  Other / Off-topic / Re: As the oldest miner in the forum, I declare... on: September 27, 2012, 11:50:53 AM
To save people 1000 BTC, I'd like to point out that Maria has in fact mined since April 2009; it is likely that she is not lying in that department. This address mined a block and sent the coins to an Mt. Gox deposit address which Maria claimed were hers.

I was originally just going to post to ask why everyone was feeding the troll, but then I came across this so now I have to ask, "can you provide a link to where she made the claim that this Mt. Gox deposit address belongs to her...?

Either way, we still know she's a liar. Unless she's been mining since '09 AND she's actually a beautiful Indian actress...
Here's a post that proves it fairly well:
Status: 0/unconfirmed
Date: 6/16/2011 22:19
To: 1GqkXSDGATi2Lof1ySewk1GPe2orcwAtYn
Debit: -1,500.00
Net amount: -1,500.00

That is one of the 2 orders I placed with MT GOX

Is your client connected and does it have all the blocks? http://blockexplorer.com/address/1GqkXSDGATi2Lof1ySewk1GPe2orcwAtYn says it's never been in the network.
1374  Other / Off-topic / Re: Let's Count to 21 Million with Images on: September 26, 2012, 10:13:27 PM
We're approaching a milestone...

1375  Economy / Speculation / Re: In the horizon: difficulty crashes! on: September 26, 2012, 08:48:25 PM
There will always be a "free market" equilibrium with mining profitability and hashrate.

If mining is very popular than more people will get in on the action. If mining becomes less popular than the GPU guys will be first to bail, than FPGAs, and the asic folk will be unlikely to drop out.. due to it being nearly free once you have the hardware.

Now if the price was to crash to say $5 again and stay there.. difficulty would probably drop a decent bit as the high electricity cost folk couldn't afford to mine anymore.
The Bitcoin free market is not efficient yet. That's why speculators can earn money. There can still be slumps and riots.
1376  Economy / Speculation / Re: In the horizon: difficulty crashes! on: September 26, 2012, 08:42:52 PM
Want to bet on it?
I never bet on my speculation. If anyone wants to bet, they probably know more than me Cheesy.
1377  Economy / Speculation / In the horizon: difficulty crashes! on: September 26, 2012, 08:09:06 PM
I don't usually write posts about difficulty, being the secular (as in, separation of mining from price) person I tend to be. However, with the upcoming buzz on the reward dropping, I figure I'll give my take.

Mining will become insanely profitable weeks before, and a while after, the reward halving.

Why? Well, I see three reasons:

  • Miners shutting off or liquidating. This is already evident, as the mining, speculation, and goods subfora are buzzing with activity.
  • Price appreciating. Many speculators are likely waiting for November to buy in before selling in time for the Christmas dip. For weeks before the dropping, and one or two weeks after, the price will be insanely high.
  • Delayed ASIC No ASIC until 2013. Enough said.

Naturally, with lower difficulty and higher price, mining should be insanely profitable. Mine away!
1378  Other / Meta / Re: What's in a scammer tag? on: September 26, 2012, 07:46:38 PM
I'm not quite sure how people seem to be defining 'Scammer' in this thread. It seems to be by their own definition, or anything that may break a law in society.

I'll help you guys out. Scam, according to Dictionary.com, is defined as:
Quote
scam   [skam]  noun, verb; scammed, scam·ming.
noun
1.
a confidence game or other fraudulent scheme, especially for making a quick profit; swindle.
 
verb (used with object)
2.
to cheat or defraud with a scam.

Now, in which of the original four scenarios does this definition fit...which of the four results in the original poster gaining more than they had before? The first 2 are nothing, they break even. The third they lose money. And the fourth is unclear.


More likely, it would be better to associate the Scammer tag with someone who's fraudulent, noted as:
Quote
fraud·u·lent   [fraw-juh-luhnt]
adjective
1.
characterized by, involving, or proceeding from fraud,  as actions, enterprise, methods, or gains: a fraudulent scheme to evade taxes.
2.
given to or using fraud,  as a person; cheating; dishonest.

In this case, you don't necessarily have to make a gain from your actions in order to receive the tag. Arguably scenarios 2, 3, and 4 could fit under this definition as the person wasn't honoring their end of the deal, intentional or not. I'm assuming this is how the majority of people are thinking during these scenarios.

If anything, the 'Scammer' tag should be changed to 'Fraudster' as the definition encompasses both the definitions noted above. Though it makes it a bit unclear as to what the person could have done to warrant the tag, it can be applied to a variety of situations. Scammer just implies that the person took money from someone else in one way or another. That's what I think when I see the tag on a user's profile.

Am I the only one that thinks this way?
Definitions are fuzzy. I define "to scam" as to "to deprive of by deceit". But the forum evidently has its own definition, which includes "to fail to meet a liability".
1379  Other / Off-topic / Re: As the oldest miner in the forum, I declare... on: September 26, 2012, 11:46:17 AM
To save people 1000 BTC, I'd like to point out that Maria has in fact mined since April 2009; it is likely that she is not lying in that department. This address mined a block and sent the coins to an Mt. Gox deposit address which Maria claimed were hers.
1380  Other / Off-topic / Re: As the oldest miner in the forum, I declare... on: September 26, 2012, 02:56:48 AM
Please children, stay on topic. You say I am a liar but since day 1 I have backboned this community directly and indirectly.

Lets make the odds 5 to 1. You bet 10 btc and receive 50 btc if you win. Open your eyes children.. watch me crash the market with a 100K short sale. Watch how a professional handles it.

ForexMaria.
I will bet nothing until you prove you have 5000 BTC to pay out.
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