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1561  Economy / Gambling / Re: I'm offering 100% ROI to anyone who thinks I don't have 1,000BTC to pay out. on: August 25, 2012, 05:40:36 PM
I will bet on the condition that if anyone offers proof, then you win the bet.

Code:
−1000 BTC

As this amount is less than 100 BTC, I assume the bet is valid.
1562  Economy / Securities / Re: S.DICE - Want SatoshiDICE dividends? IPO currently in progress. on: August 25, 2012, 03:57:03 PM
I cashed out my GSDPT because it is bubbling. The stock is trading at nearly 2 times the value of the S.DICE backing.
There's the 2 things I predicted:
- This is an arb opportunity
- Greater GLBSE volume --> greater demand --> higher price
 Cheesy
um, did you notice that the volume and demand on glbse was hundreds of thousands lower than on mpex?
Um, did you notice that the stock is placed on MPEX and the GLBSE one is a pass-through?

I'm out of GSDPT because there is too much irrationality, and MPEX is not going to last.
1563  Economy / Securities / Re: S.DICE - Want SatoshiDICE dividends? IPO currently in progress. on: August 25, 2012, 03:40:43 PM
Quote
Vinnie Falco sells out to the RIAA
Wonder why I'm not surprised at this?

In the past, he's denied that Bearshare had any spyware in
it. WhenU is spyware, and it is bundled with Bearshare.
Vinnie has been caught at this more than once: a few years
ago, there were forums for users of Becky's email client,
and one of these concerned p2p apps. Vinnie posted in a
topic on the forum, denying that Bearshare had bundled
adware in it.

Yeah, I would say shill. Get lost.

Quote
It's well known that MPEX's PR is not the best. To gain respect as an exchange, they need to fire their current PR immediately and replace them with a new one.

Code:
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Users that repeat false information will be told to fuck off as a point of policy. These are my standing orders.

If you do not wish to be told to fuck off either 1) verify the facts before you make a statement or 2) verify the facts after you have made a statement and you were told your statement is false, but before repeating that statement.

If you were told to fuck of it is because you failed to abide by the simple rules laid out above. There is nothing you can do other than obey the two simple rules laid out above, or else fuck off.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.10 (GNU/Linux)

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=QkbJ
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On a personal note, I find the gall of the misguided claims on the exchanges subject appalling. I will not turn this into an attack of the other exchange, the guy in charge of it is at least working to consolidate his secondary position, and from what I hear hasn't slept in three days. But the pretense of the forum trolls has to stop. We all know who's the top dog here, pretending it ain't so makes you look ridiculous at most. In general, it just makes you look stupid.
PR my foot. A 3-year old toddler is more polite than you are. Ignored.
1564  Other / Beginners & Help / Re: What happens after all blocks are found? on: August 25, 2012, 03:24:36 PM
This will never be an issue. Each planet has a limit to the number of humans, and therefore transactions, it can support. Bandwidth, as long as it passes a certain threshold, does not even need to increase to sustain Bitcoin used by all citizens of Earth.

Well on a long enough timeline maybe but is Bitcoin tx volume grows faster than available bandwidth it is certainly a bottleneck.  Note I don't think any of these bottlenecks are fatal but depending on how fast Bitcoin grows it certainly can create issues which need to be solved.

For example at VISA scale tx volume (2,000 tps average, 4,000 daily peak, 10,000 annual peak) if we assume the average tx is 1KB and it is relayed to each node twice (once as an unconfirmed tx and once as part of a block) we are looking at a peak of 160 Mbps.  However each node should maintain at least 8 connections to other nodes to create a robust mesh so that would be 1.2 Gbps of bidirectional bandwidth.   Certainly not impossible but it is beyond the capabilities of most home internet connections.

Still to say it is will never be an issue is naive.
(OT: Did you post under TangibleCryptography, delete, and repost?)

I wouldn't put Bitcoin's growth that fast. I fully expect Bitcoin to be the only widely-used currency in 40 years or so, but only modest growth in the near term. VISA-scale is far ahead of Bitcoin in even 5 years.
1565  Economy / Marketplace / Re: BTCST account for sale! on: August 25, 2012, 03:13:10 PM
40,000ish BTC!

Please make reasonable offers!    Grin
Why so cheerful? Pirate will buy the account for 20000 BTC and you will have lost 20000 BTC.
1566  Other / Beginners & Help / Re: What happens after all blocks are found? on: August 25, 2012, 03:07:04 PM
Thanks for clarification. That helped a lot!

Another question: At the moment my Bitcoin folder is 3.4GB (because of all the block files). Won't it be a problem in the future once this folder grows to 10, 20 or 100 GB? Will people be willing to sacrifice so much disk space?

Potentially however 20 years ago your HDD was only ~1 GB. 
In 20 years your HDD will probably be 1000 TBs. 

Moore's law helps in the "problem".  Pruned database helps in that problem also.   HDD is likely the least criticial bottleneck.  Bandwidth is more of an issue (although not fatal as the doomsdayers predict).

Of the 4 major resources IMHO from least critical to most critical I would say it is
* bandwidth
* memory
* CPU power (and energy consumption)
* Storage
This will never be an issue. Each planet has a limit to the number of humans, and therefore transactions, it can support. Bandwidth, as long as it passes a certain threshold, does not even need to increase to sustain Bitcoin used by all citizens of Earth.

Other planets will, due to latency issues, require their own cryptocurrency. Bandwidth will not be an issue on those planets either.
1567  Economy / Securities / Re: S.DICE - Want SatoshiDICE dividends? IPO currently in progress. on: August 25, 2012, 02:53:25 PM
It's well known that MPEX's PR is not the best. To gain respect as an exchange, they need to fire their current PR immediately and replace them with a new one.
1568  Economy / Securities / Re: S.DICE - Want SatoshiDICE dividends? IPO currently in progress. on: August 25, 2012, 02:32:10 AM
I cashed out my GSDPT because it is bubbling. The stock is trading at nearly 2 times the value of the S.DICE backing.
Modesty aside, I sold at the peak and will buy back once this bubble collapses.
1569  Economy / Securities / Re: S.DICE - Want SatoshiDICE dividends? IPO currently in progress. on: August 25, 2012, 02:21:48 AM
I cashed out my GSDPT because it is bubbling. The stock is trading at nearly 2 times the value of the S.DICE backing.
1570  Economy / Securities / Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch! on: August 25, 2012, 12:07:53 AM
Just bought some GSDPT. It's refreshing to see a low-risk company with a secure future.
1571  Economy / Gambling / Re: I'm offering 100% ROI to anyone who thinks I don't have 10,000BTC to pay out. on: August 24, 2012, 09:54:21 PM

"I'm offering 100% ROI to anyone who thinks I don't have 1,000BTC to pay out."
"I'm offering 100% ROI to anyone who thinks I don't have 100BTC to pay out."
"I'm offering 100% ROI to anyone who thinks I don't have 10BTC to pay out."
"I'm offering 100% ROI to anyone who thinks I don't have 1BTC to pay out."


Can you prove you even have 1BTC to pay out?  Maybe time to make a 100% ROI bet thread for 0.1BTC   Tongue
"I'm offering 100% ROI to anyone who thinks I don't have 0 BTC to pay out."

Code:
−100 BTC
1dice1e6pdhLzzWQq7yMidf6j8eAg7pkY
The negative sign is important.
1572  Other / Politics & Society / Re: Women and free market on: August 24, 2012, 09:39:37 PM
So what about child abuse (or even just spanking), etc? Where does a child's rights begin? Do neighbors/community ever have a right to interfere?
IMO, there's a right to interfere once there's an individualized showing of abuse or neglect. I think it's also reasonable to require that for some extreme cases, a showing that something is not abuse or neglect be required in advance.

However, in general, I see children as the property of their parents, to raise as they see fit. I don't believe the community is likely to be able to do a better job, no matter how well-intentioned its interference is.

I'm a bit torn about parental obligations towards children. The last time I really thought about it, my position was that parents should be free to abandon their children at any time they please and others are free to adopt those children if they please. There might be an obligation to give others a fair chance to support your children if they please. It's not so much that I like this result, it's that I can't see a justification for imposing obligations. (And I would hope that this would be rare, others would step in when it happened, and social and business ostracism and blacklisting would punish those who take advantage of it.)

Fortunately, I'm not ruler of the world. So I don't have to get this right. Wink
Cavemen got family right, without such thing as obligations. Why our society fails at this baffles me.
1573  Economy / Auctions / Re: Advertise on this forum - Round 48 on: August 24, 2012, 09:38:02 PM
CoinLab will bid :

2BTC for 3 slots (0.66 BTC per)

If outbid, we'll bid 1.5 BTC for 2 slots (0.75 BTC per)

If still outbid, we'll bid 1 BTC for 1 slot.

We'll be adverting the CoinLab Protected Pool for GPU miners.
Except for your 1@1 bid, this is invalid.

- All bid prices must be evenly divisible by 0.5.

Unless you revise your bid, I assume it does not currently control any slots.
1574  Economy / Services / [WTS] English quality assurance for Bitcoin websites on: August 24, 2012, 09:36:04 PM
Many websites dealing in BTC have low-quality, sometimes nearly illegible English stemming from rushed text, usually written by a non-native speaker. Due to Bitcoin entrepreneurs originating from all around the world, this is becoming increasingly common. Many do not realize how deleterious this can be, both to the service operators and to the Bitcoin community as a whole. Sales may increase dramatically after a proper proofreading. I am offering this service.

I am not, nor do I claim to be, a professional. I have neither qualifications in editing nor proofreading. I lack degrees in any field remotely similar to the English language. Indeed, English is not even my native language. However, I still have the skills necessary to convert mangled or incoherent babble to professional, easily understandable, and succinct prose.

I offer proofreading for any English text related to a Bitcoin business. I am not an expert; therefore, a website should not rely on me to produce professional-grade services. My motivation to provide this service mainly consists of irritation with the oft-degenerate English used in most Bitcoin websites today, combined with a goal of increasing Bitcoin's perceived professionalism.

In line with this motivation, I demand the lowest possible payment: 0.00000000 BTC. Similar to the IBB (a venture that I respect and wholeheartedly support), I will also accept (but not demand) gratuities. I believe this payment model most conductive to collective strengthening of the Bitcoin community.

Please PM me if your website is interested in this service. If you wish to comment on the feasibility of this plan, spread FUD about this service, or advertise competing services, please feel free to do so in this thread. However, please remain on topic; discuss only topics relating to proofreading and improvement of written language.

Prerequisites: There are a few requirements for using this service.
  • The client must have a public website that advertises or sells a Bitcoin-related service.
  • The website must be in English and must target an English-speaking audience.
1575  Economy / Auctions / Re: Advertise on this forum - Round 48 on: August 24, 2012, 08:51:58 PM
8 @ 0.5 BTC each.
1576  Other / Politics & Society / Re: Women and free market on: August 24, 2012, 08:43:43 PM
I think the views discussed in this thread are far too prohibitive, freedom-destroying, and contractual. Why should family be a contract? Families work well in all parts of the world, regardless of government, without contracts today. If anything, a contract destroys the natural evolutionary bonds that hold families together.
1577  Economy / Securities / Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch! on: August 24, 2012, 08:38:51 PM
How closely will the price of the GLBSE pass through follow the S.DICE price?
Exactly the same Smiley
//DeaDTerra

How will you ensure it remains the same?
Each GSDPT is backed by 1 S.DICE and you can received one 1 S.DICE in trade for 1 GSDPT Smiley
I can't of course control the price but it should controls it self pretty well. I will also offer more share when I get to chance to buy more.
//DeaDTerra
Wouldn't the price of 1 GSDPT be higher then, because a) it is easier to buy and b) it is fully backed by S.DICE?
1578  Economy / Service Discussion / Re: Discussion about 10,000BTC Bet (Official) on: August 24, 2012, 08:06:15 PM
#24: Will you answer this question?
1579  Other / Meta / Re: Demographics of BitcoinTalk on: August 24, 2012, 05:51:33 PM
Thanks for shunting everyone onto the gender binary. Not everyone identifies as 100% male or female.

Either you are capable of bearing children (female) or you are not (male). Seems pretty binary to me?
Postmenopause, prepuberty, hermaphrodites, etc.
1580  Economy / Trading Discussion / Re: GLBSE is upgrading their Bitcoin client on: August 24, 2012, 05:27:48 PM
Well that's nice... but Why it no work TODAY?!

http://youtu.be/JYc05gZFly0
I've found a serious bug that needs fixing before bringing the site back.
Please update us on this issue.
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