3621
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Bitcoin / Bitcoin Discussion / Re: How does one increase one's odds in the speculation game?
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on: July 06, 2011, 09:26:07 PM
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Volume is the total size of trades that have occurred over some period, usually 24hr with bitcoin stuff. Depth refers to the total size of outstanding buy and sell orders.
Why are you buying and selling?
You need to figure out what your edge is, there isn't just free money available to everyone who trades.
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3622
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Bitcoin / Bitcoin Discussion / Re: Happy Secession Day - Bitcoin Facebook Photo
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on: July 06, 2011, 08:41:20 PM
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I think a lot of the more hardcore nuts to have anti-government theories regarding Bitcoin ......
You really need to refine what you call "anti-government". Are such "nuts" really opposed to government in all its facets? True anarchists are uncommon. They are uncommon, but more common here than most palaces.
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3623
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Economy / Gambling / Re: Texas Hold'em Poker Room - NL, Limit, Potlimit tables available.
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on: July 06, 2011, 07:53:42 PM
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well.. i can't rid of them 'cos some people like slow play.. Just sit at fast table and may be join slow table and offer player to join fast table.
it's gotten to the point where of 9 other players, 5 take the FULL time to make a decision. reallyfuckingsucks.com ! Start 30 second games? But really this is why sites have a normal time and a time bank. Sometimes you need extra time, but that's no reason to give every time.
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3625
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Bitcoin / Bitcoin Discussion / Re: Someone Random Trademarked "bitcoin" : Now we can't use the term?
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on: July 06, 2011, 07:48:39 PM
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Ahh, so true, except its been regged since 2000. ;p Now, if Godaddy would just let us see for certain if the contract on it ends when the current registration does here at the beginning of 2012...
How does it normally work when valuable domains expire? Is there a known second when they become available and the person with the best internet connection and a lightning script gets the name?
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3627
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Bitcoin / Project Development / Re: Today Im meeting the guys writting the new Iceland constitution to talk Bitcoin
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on: July 06, 2011, 10:49:59 AM
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The problem I see is that Bitcoin is designed to be an emergent currency (decentralized, pseudo-anonymous) not a government or constitutional currency. So I am thinking that the best way to focus this, to benefit both Iceland and Bitcoin communities is to suggest them to include a clausule allowing for competing currencies and forbiding legal tender laws and similar stuff. As examples of competing currencies the constitution could name Bitcoin (but only as example).
What do you think? Any other idea?
Yeah, do that. Let us know how it goes.
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3628
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Bitcoin / Bitcoin Discussion / Re: Miners and early adopters, make it rain!
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on: July 06, 2011, 10:47:56 AM
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To whom was that post directed? That was my exact point. The merchants that are well known and respected have the ability to influence demand...pretty basic stuff. There should be more efforts to do so.
If you are asking me, I generally am referring to the original post if I don't quote a different post. It looks like I agree with your point.
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3629
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Other / Beginners & Help / Re: Gotta be the DUMBEST Bitcoin question EVER!
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on: July 06, 2011, 09:11:56 AM
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In order to spend the coins that have been sent to one of your addresses you need the corresponding private key. An online wallet holds them for you or you can hold them yourself. The risk is that if you lose them you cannot access the coins. If someone else gets the file (wallet.dat) where those keys are stored then they can spend them and you won't be able to. Putting that file on a thumb drive is safer if there is a chance that your computer could be compromised. Encrypting wallet.dat is a good idea too, then you can back it up in more places without worrying about it getting taken, provided you use a really truly strong password.
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3630
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Bitcoin / Bitcoin Discussion / Re: Miners and early adopters, make it rain!
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on: July 06, 2011, 09:04:48 AM
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The more I think, this is really counterproductive advice. We don't want a bunch of shitty merchants because everyone knows people are dying to get rid of their coins. We want solid products offered by professional merchants. We want stuff so good we'll happily part with some of the best money ever created.
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3633
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Economy / Marketplace / Re: 5 BTC Bounty - break site and help community (and earn 5 coins!)
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on: July 06, 2011, 05:40:17 AM
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part of my work back then was introducing packets send retries and detecting connection break with showing notice. If this do not show up in players windows and in the same time packets are lost/not delivered in time - this is bug...
I do see that warning sometimes, it is helpful. I did just have missing cards right after I got that warning. I don't know if they would have appeared just by waiting. When I reloaded they hesitated a second, displayed top before bottom. So maybe they would have displayed if I just waited.
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3636
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Bitcoin / Bitcoin Discussion / Re: Inflationary Bitcoin
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on: July 06, 2011, 05:16:46 AM
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If your sole reason for selling the grapes is because they're going rotten, sure.
The fact that some fool might think he can make wine out of sour grapes doesn't belay the fact that you're consciously peddling something of little or no real value.
A broken bitcoin won't send. If you need help there are people willing in Technical Discussion.
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3638
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Bitcoin / Bitcoin Discussion / Re: Inflationary Bitcoin
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on: July 06, 2011, 05:08:07 AM
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So, are you one of the privileged bitcoin money printing class or just one of the privileged bitcoin aristocr----I mean "early adopters?"
I have a lot of coins. Do you think I'm taking value from someone? When you cash out during the final probable bitcoin crash sometime in the future, yes. My offer to sell will hurt the person who wants to accept it? Is this different to you then if I offer to sell grapes?
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3639
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Bitcoin / Bitcoin Discussion / Re: Inflationary Bitcoin
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on: July 06, 2011, 04:58:56 AM
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So, are you one of the privileged bitcoin money printing class or just one of the privileged bitcoin aristocr----I mean "early adopters?"
I have a lot of coins. Do you think I'm taking value from someone?
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3640
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Bitcoin / Bitcoin Discussion / Re: Inflationary Bitcoin
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on: July 06, 2011, 04:57:34 AM
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But it doesn't make sense to shed Bitcoin except for essentials only. Big expenditures on luxury goods make no sense with Bitcoin. Investment makes no sense with Bitcoin, except in very narrow circumstances.
It does once you have all of your essentials met and still have some savings left over. What are you going to do with them otherwise? Look at them? Supposing Bitcoin does become the main world money what it 'needs' is people to acknowledge that as quickly as possible. That is what will get us where we are headed with the least wasted time. So, if you are right about Bitcoin becoming dominant the biggest reward now is for converting your savings to Bitcoin. Once you have that vantage point it might be easier to understand why people will buy luxuries with coins - it's the only way for them to get luxuries because they only have bitcoins left. And if they were right they'l have lots to spend. Once we are in 'Bitcoin world' the deflation will match the increase in the rate of production and you will only get paid for waiting to consume to the extent that there is more to go around in the future.
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