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921  Bitcoin / Bitcoin Discussion / Re: The best way to Hoard coins on: November 05, 2012, 06:52:14 PM

Once one guy "dumps" his coin stash into the market, People will go "OH NO ITS CRASHING, I HAVE TO SELL MY STASH TOO!"

And Boom, There goes the bitcoin value. But theres a big differance between Hoarding and Saving

They won't panic dump their stash if they are good at hoarding/saving. And what is the big difference?
922  Economy / Marketplace / Re: My non-techie friends can't earn Bitcoins on: November 05, 2012, 08:01:29 AM
Poker, start with freerolls if they don't trust their skills.
923  Economy / Service Discussion / Re: Wurm Online and CoinLab, making ingame money via mining on: November 05, 2012, 03:48:57 AM
Yes a GPU can do tons of things and i partecipate in several BOINC projects where my graphic card is used. But if they start paying me for crunching their work... then why can't they simply use that money in a MUCH MORE efficient way, like paying for a supercomputer or whatelse?

The idea is to get value from people who won't pay.
924  Bitcoin / Press / Re: 2012-11-04 - The Gloom Of Central Banking on: November 04, 2012, 11:48:59 PM
I don't see the logic. Could someone not criticize a Pirate Pass-through without owning shares of it?

There is a difference between ever having tried something and currently holding a stake in it though. And someone ridiculing something they clearly don't understand and without using it is pathetic and it ought be pointed out.

925  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 04, 2012, 10:28:07 PM
What keeps Gavin from doubling the number of bitcoins minted, for example?


Are you serious? How about the fact that he can't alter code running on my computers?
926  Bitcoin / Development & Technical Discussion / Re: - Bitcoin Address Identicon on: November 04, 2012, 10:04:37 AM
I realize this has no practical purpose, but can you make the identicon into something cute?

More broadly, if you could do QR codes that are shaped like bunny rabbits and pandas, then the whole QR scheme might become more interesting to 50% of the population.


"Mom can you send me lunch money? I'm the panda with crossed eyes holding a rainbow in its LEFT hand."
927  Bitcoin / Press / Re: NEW articles in Press Forum on: November 04, 2012, 10:02:40 AM
2012-11-03 Poker with Bitcoin
928  Bitcoin / Press / 2012-11-03 - Poker with Bitcoin on: November 04, 2012, 10:01:39 AM

When the FBI and Department of Justice seized the domains of leading poker sites in April of last year, they also froze (read stole) their assets. Some people believe they have found a way around that, and around any such future government seizures, from poker players or anybody else; this solution is Bitcoin.

They mention Seals and its affiliate program. I don't know why they say we are shy about answering questions. I wasn't contacted.
929  Bitcoin / Development & Technical Discussion / Re: - Bitcoin Address Identicon on: November 04, 2012, 07:59:02 AM
I think it could work as a browser plugin, where when you mouse over an address, you would see the identicon. This would allow the user to verify quickly, but not rely on the security of the site.

So, you see the correct icon for the attacker's address.  Nothing gained.

Seems like it is only relevant when paying an address you have seen before. An optional warning in a client like "You are trying to pay an address that may look like one you have payed before, BUT YOU HAVE NEVER PAID THIS ADDRESS BEFORE. Proceed?" might accomplish this better.
930  Bitcoin / Project Development / Re: [ANNOUNCE] - File storage and sharing for Bitcoin on: November 04, 2012, 07:15:09 AM
Typo under "Earn Money", "Receive your it on your Bitcoin address after every download."

And I'm not an expert but I don't think a colon is appropriate here in the FAQ, maybe a semicolon or a separate sentence.

"Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network."
931  Economy / Speculation / Re: How will the major events of Bitcoin coming soon affect its prices on: November 04, 2012, 06:24:21 AM

I hope you dont take your own "equation" too seriously. It certainly has some truth in it, but there are so many factors that you have not yet incorporated and valued that for whitch ur and possibly any such equation will always be imperfect. Take for example the daily amount of bitcoin that are bought on mtgox for drugs or other products and services (VPN tunnels, torrent trackers,..) This number provides some constant upward pressure.

Which is then offset by the service providers/drug dealers converting back to fiat. They aren't speculators!  Wink

Yes I highly doubt internet drug dealers see the huge potential in bitcoin or want to keep their profits in a currency that is difficult to confiscate.  Roll Eyes
932  Bitcoin / Development & Technical Discussion / Re: Bribery: The Double Double Spend on: November 04, 2012, 05:21:30 AM
I might be missing something but I don't see how this isn't just obvious. You can buy more mining power yourself or your could hire out.
933  Economy / Gambling / Re: - Block 210000 Party REBUY! on: November 04, 2012, 02:45:21 AM
Is it possible to create SNGs? Something like Double or Nothing?

DONs reward collusion particularly highly and it is extra hard to be sure when collusion is happening in them so we've decided not to offer them. I can make other custom games and stakes on request though. The only reason we don't have a full selection of PLO, PLO8, limit omaha and limit hold'em SNGs is to avoid lobby clutter. If there is something you think might run if it were up you can ask here or email I do plan to automate this process sometime this month.
934  Other / Beginners & Help / Re: Share your experience about how you started earning BitCoins. on: November 03, 2012, 11:46:07 PM
Seals has a freeroll poker tournament every hour with 0.05BTC prize and a weekly freeroll on Wednesday at 10:30pm with 5BTC in prizes. Absolutely free to enter.
935  Bitcoin / Development & Technical Discussion / Re: - Bitcoin Address Identicon on: November 03, 2012, 11:40:41 PM
This is interesting.

It seems it helps in cases where someone expects to be paying an address they have already paid, but the address has somehow been swapped out with the malicious one. If the site that was compromised is also serving the icon could that not also be swapped out for one that doesn't actually match? To guard against that the payer would need to personally check, is that what is intended?

Another solution that came to me (inspired by etotheipi) is to generate a visually distinctive address (etotheipi used an address with only capital letters). I think there are probably a lot of ways to make an address visually striking. Now that alone would not work because making another one that is striking in the same way would cost the same as the original on average, but if people remember the feel of the address plus the first 5 characters or so (which the original address producer can just let be random) then matching it would be about 58^5 times harder for an attacker.

What are some cheap but striking patterns?

An unusualy high number of triplets? (1j4U666mJJJw3QD7gggrHHH2rynFEcAAA)
A lot of numbers?
No letters or numbers with curves?
Only capitals and numbers?
936  Bitcoin / Development & Technical Discussion / Re: What are the chances of an address collision? and what happens when it does? on: November 03, 2012, 07:51:33 PM
1 minute is a nice crap, the average is going to be several times longer.
937  Economy / Gambling / Re: - Block 210000 Party REBUY! on: November 03, 2012, 04:28:54 AM
I should mention the current expected date of the 210000 block is Thursday Nov 29th. This thread is good for keeping an eye on it
938  Economy / Gambling / Re: - Biggest Bitcoin Poker Site - Ring games, MTTs and Freerolls on: November 03, 2012, 04:09:14 AM
Lots to announce:

The top 50 krill earners in November will be entered in a 10BTC freeroll on Sunday Dec 2nd at 4pm ET. The top 10 krill earners will additionally be entered in a 5BTC freeroll on Sunday Dec 2nd at 9pm ET.

The Friday Swell surpassed the guarantee again, it will be bumped up to 4BTC for next week.

The Monday night tournament is now a 560+40 with 8BTC guarantee PLO8 tournament at 9pm ET.

The high hand promo continues to spew prizes around the clock to NLHE ring games.

And most importantly: To celebrate the upcoming block 210000 we are going to run a 0.05BTC entry rebuy tournament with a 25BTC guarantee. The tournament will start very shortly after block 210000 is found. Registration is open now.
939  Economy / Gambling / Re: New BitcoinsUK National Lottery Sweepstake Trial. on: November 03, 2012, 03:25:59 AM
It's a lottery with a low max win that isn't even guaranteed with a 10% rake when a reliable service exists that charges 1%. It's like selling inferior hotdogs for $20 apiece right next to the $2 hotdogs.

If you actually want to break into the bitcoin lottery market you are going to need to do something like start out free and/or offer a compelling guarantee.
940  Economy / Economics / Re: How the hell do you measure how much goods are worth in Bitcoin? on: November 03, 2012, 03:20:33 AM
Same as always, see what the lowest price you can find is.
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