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4941  Bitcoin / Bitcoin Discussion / Re: Value overflow incident.. August 15, 2010 on: April 22, 2011, 07:22:31 PM
Splits longer than 120 blocks can be fixed automatically still, right? It's just that generates that perhaps were spent will disappear also.
4942  Economy / Economics / Re: Alright, I got 50 Bitcents here. on: April 22, 2011, 06:36:19 PM
half and half
4943  Bitcoin / Bitcoin Discussion / Re: Bitcoin micro-convention in San Francisco, April 30th, 2011 anyone? on: April 22, 2011, 11:20:43 AM
I might be able to make it.
Woo!  How about instead of a micro-convention, a micro-party?  Do you know any other Bitcoiners in the area that may be interested in a meet up?

I don't know anyone in the area. There is a poster named Santa Cruz though and tradebitcoin lists a guy in downtown SF, but no contact info.
4944  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Show on OnlyOneTV.com on: April 22, 2011, 05:23:08 AM
I watched it, I would watch another.
4945  Economy / Trading Discussion / Re: Withdrawing Bitcoins from Mt.Gox on: April 21, 2011, 08:41:33 PM
Seems like a mistake. Have you emailed support?
4946  Bitcoin / Bitcoin Discussion / Re: Bitcoin micro-convention in San Francisco, April 30th, 2011 anyone? on: April 21, 2011, 08:33:36 PM
I might be able to make it.
4947  Economy / Marketplace / Re: Seeking bitcoin options on: April 21, 2011, 08:10:10 PM
I'm interested in buying similar length options, strike price up to $1.50. American style not required.
4948  Economy / Marketplace / Re: [Bet] A Challenge to Timothy B Lee on: April 21, 2011, 07:49:18 PM
This seems really silly. You are sure to win imo, but you are going to end with about 800BTC instead of 1190 if you just used the money to buy coins now. Yeah, you get the cash, but that's not going to be worth anywhere near the extra 400 coins in 2 years.
4949  Bitcoin / Bitcoin Discussion / Re: Average time a block is created on: April 21, 2011, 04:25:53 AM
put in 750 and see? It's a long freaking time.
4950  Bitcoin / Bitcoin Discussion / Re: MTGOX -- Lost $$, no reply on: April 21, 2011, 03:36:21 AM
Also change of owner if you didn't know, probably got lost in the shuffle. It's Magical Tux, owner of KalyHost, running it now.
4951  Economy / Marketplace / Re: Buying 200k BTC. $2/BTC on: April 20, 2011, 07:41:47 PM


Speculators is fine, I'm not a fan of hoarders. I guess you could just call them long term speculators though  Grin

Hoarders make the price of bitcoin go up even more then speculators do.

Yep, but savers make it go up the most.
4952  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s Collusion Problem - by Timothy B Lee on: April 20, 2011, 10:09:47 AM
He is also proposing that if more and more people start using services like "MyBitcoin" and alike, these services could just get together and change the protocol... especially if the majority adopts this kind of usage instead of running the clients themselves.

This sounds at least theoretically possible

That's absolutely possible, but it's equivalent to those services just stealing your Bitcoins. If they take valid Bitcoins from you with the promise to return them and then deliver Pesos or Rubles or SnapCoins instead they are just thieves and they don't need to collude to do that.
 
4953  Bitcoin / Bitcoin Discussion / Re: Legal clarification: Bitcoin vs. BitcoinUSA on: April 20, 2011, 09:14:22 AM
I'm writing a 20 page report on this within the week. I will post it for the community once I'm done.

Are you a lawyer? I'm not being facetious or anything. I'm just curious.

I am not a lawyer. I'm just interested in the subject and how it relates to the law.

FreeMoney, I'm not quite sure why you have such a pessimistic outlook of US law. While our justice system has plenty of flaws, let me point you to China... Or would you rather live on an island with 0 governance?


Fuck China's tyrants too, but at least I could play online poker there.

Governance is fine. If it's good governance I'll follow it. If I decline some particular governance are you going to put me in a cage or shoot me? That's not governance that's god damned slavery.

I have a pessimistic outlook on legislation that some refer to as law. Law is the real deal. Earth pulls things down, people who are kind and peaceful with others are happy, etc. You can't make laws by writing shit down.
4954  Bitcoin / Bitcoin Discussion / Re: Legal clarification: Bitcoin vs. BitcoinUSA on: April 20, 2011, 08:35:24 AM
I don't care about the details of old bureaucrat's written diarrhea they call law. All I know is that BitcoinUSA was closed due to lack of interest not anyone's interpretation of so called law.

Do what's right, not what's legal.
4955  Economy / Marketplace / Re: Bitcoin2Cash.com - Cash-Only Marketplace on: April 20, 2011, 08:11:05 AM
Lol, if this bet happens I will ship some cash on June 1st to make a trade. Or maybe sell coins if the price is okay so I don't have to bother with a stamp.
4956  Bitcoin / Bitcoin Discussion / Re: Legal clarification: Bitcoin vs. BitcoinUSA on: April 20, 2011, 07:52:59 AM
Did you read the thread you linked to? FinCen didn't shut them down, they closed because no one wanted to jump through hoops. Which doesn't surprise me in the slightest. The people interested in Bitcoin now aren't mostly bureaucratic types.
4957  Bitcoin / Bitcoin Discussion / Re: What happens if I mis type a bitcoin user's address when sending money? on: April 20, 2011, 05:59:00 AM
But if you do happen to produce a valid address, the money will be sent there, and whoever owns that address will get the money, if no one owns it, the money will be "lost"; there is a small chance someone in the future will create a new address that will match that typo, in that case, that person will "find" the money.

If by "small chance" you mean that every single person on earth doing this continuously until the end of our universe is still unlikely to "find" it, then sure.

So the answer is that the money truly would be "lost in transmission" then. Some sort of bitcoin purgatory if you will?

It wouldn't be 'lost' we'd all know there were coins assigned to that address, it's just that no one will ever have the key to unlock that address.
4958  Bitcoin / Bitcoin Discussion / Re: The faucet should be giving ~0.003 BTC per person. on: April 20, 2011, 05:56:11 AM
I don't think the client will hold the price back, but I think changing it anytime now would be good. Maybe start by making the default client not require the fee for subcent transactions and put an option somewhere to show more precision, it isn't something everyone needs to see automatically just yet imo.
4959  Economy / Trading Discussion / Re: Mt Gox LR withdraw fee on: April 20, 2011, 04:49:17 AM
From what I can gather this fee is not 1% as stated on Mt Gox site, but 2% (1%+3LR with sums greater than 300 LR).
 

I think LR takes 1% and MTGOX takes 1%. It could be more clear.
4960  Economy / Economics / Re: Bitcoin got economists stumped on: April 20, 2011, 04:26:21 AM
His analysis was laughter inducing. I think it's easier for computer scientists to understand economics than it is for economists to understand computer science economics.


MR piece was stoopid.
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