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Okay so sorry for one more dumb question, but a "seedbox" is for people who mainly want to upload torrents but don't care much for downloading?
Like, the people who actually rip the DVDs in the first place, for example? Only just heard the term "seedbox" about a week ago and felt old for not instantly knowing what it meant.
I assume you're not seedboxing because it brings to much heat on you by the authorities.
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Zoomed out like that they kind of look like bitcoins.
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today it's been a bit quiet
Today I saw one of the quietest, flattest periods I've ever seen - Check out the almost straight line at 2.74 level. |
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I will realize the truth is only in mediocrity and that I should accept authority because I am not worthy enough to own myself.
I sure do hope you were being sarcastic  |
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Do people seed because it makes them feel warm and fuzzy, or does it somehow help the download rate?
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At this point mining is great if you like destroying the environment and spending a fortune on electricity whilst not even getting enough compensation to help pay half the electric bill.
I suspect that it's also pretty great if you plan to keep your mined coins for a few years and sell them for megabucks. |
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It has been mentioned many times on these boards....
If you are believer, you mine because you believe that price will go up
if it cost you 3$ and you believe some day it will be 10$, you will not give a single f*ck about the price now
If you are a miner, but also a hoarder, then low prices are BETTER because it should mean the difficulty is lower. Then the price should skyrocket just moments before you intend to sell |
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More air time would be good too! I hope the Prague conference gets a lot more coverage than the NY one.
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What if I don't trust the green address provider?
Then don't run this particular client software. Green address should be an optional service and if you use it is between you and the provider.
Exactly: Option 1) use regular bitcoin software which uses the full blockchain Option 2) use modified bitcoin software which uses a published list of green addresses and cuts down blockchain Anyway, the other replies have shown me that it's not needed / not going to work anyway. Just a thought. |
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I've been reading more and more of the technical side lately and I am wondering if trusted "green" addresses could somehow help with blockchain pruning.
Example: Let's say A generates some bitcoins and then it gets spent through the following people/addresses:
A -> B -> C -> D -> E -> F -> G -> H -> I -> J -> K -> L
Normally the client software for the "L" address would have to store all the transactions all the way back to A in order to validate it's balance.
But what if that client software trusted the green address K enough such that it didn't need to download and store all the transactional data prior to it going through K? That would mean the data needed for that particular client instance could be lower.
I know that even if K is trusted, that doesn't necessarily mean the A through K transactions are really valid, it just means K believes they are.
Comments? Flaws? (Probably many - I just thought of this and haven't worked out any details)
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People will use it, once a huge mulch-national like eBay or Skype gets behind it watch out. it won't be Google prices but I can see $5-$10 average being the baseline
Woo yes! I would love to see a Skype type service, or any VOIP accepting bitcoins. |
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We trust the person with the most money, as they have the most to lose.
Quite funny, considering that even if what he's saying is partly true, the amount is still irrelevant -- It would be the percentage invested compared to the person's overall net worth that counts. I probably care a lot more about my $1000, than some billionaire cares about his $10,000. |
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Mt Gox is highly secure against all kinds of attack threats and theft.
With the exception of insider jobs.
Another thought: Perhaps the big expense for them has been French lawyers?
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Has anyone done a directory of the directories? I think there's a lot of them.
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How about an online bitcoin wallet with generally much higher fees (in line with Visa/Mastercard) but which has customer protection in the form of insurance for the online wallet provider.
1 -- Customer purchases something via SuperDuperWallet(tm)
2 -- merchant doesn't ship the product
3 -- Customer puts in a dispute at SuperWallet and they return his coins.
4 -- SuperWallet covers the loss by pre-arranging some kind of insurance against the certain % of cases where this is going to happen.
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And a Bitcoin "hash" is really sha256(sha256(x)). So when most devs here say 120MH/s it
really means 240 million SHA256 computations per second.
Each SHA256 hash covers 512 bits of data. So, as you guys have said:
To convert "Mbps" to "Bitcoin MH/s" divide by 1024.
To convert "Bitcoin MH/s" to "Mbps" multiply by 1024.
-rph
So when people talk about Deepbit or the entire network for example, do they mean bitcoin hashes or sha256 hashes? |
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i guess it was me because i woke up this morning and had 6000 coins idk how that happened!!!!
I have dreams like that sometimes, but they're about bitcoins. |
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Will this one be worth flying to, for people outside Australia?
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"The stock is crashing, when it hits 18, buy it all." -- Wall Street, the movie.
I am waiting for bitcoins to reach $18/coin then I buy.
Perhaps Wildman was talking about Zimbabwe dollars. |
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Bitcoins are not that easy to get or use
I think they're very difficult to get and also very difficult to GET (understand) when you first hear about them. But once you have them and are familiar with the client, etc. they're VERY easy to use. Anyone who knows how to copy and paste can use bitcoins. |
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