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1621  Bitcoin / Bitcoin Discussion / Re: What voice synth was used in the Bitcoin amimated youtube videos? on: December 22, 2010, 02:52:02 PM
... "Bitcoin is a new digital currency created by Satoshi Nakamoto" ...

Oh dear, is that really how "Satoshi" is pronounced? All this time I've been pronouncing it (in my head) with a short 'o' (like the 'o' in "splosh").
1622  Bitcoin / Bitcoin Discussion / Re: How do you accept Bitcoin donations on Facebook and other sites? on: December 22, 2010, 11:14:19 AM
I'll probably just go with a small jpg with the BC address
Why a jpg? Who is going to type out a BC address from an image? What's the problem with putting the BC address in plain text?
1623  Economy / Marketplace / Re: BitcoinSportsBook.com on: December 21, 2010, 03:23:07 PM
aren't the profits of pool mining distributed using simple transactions?
These profits have been generated directly to the recipient's bitcoin address. The coins have never been owned by anyone else before, so there is no "simple transaction".
1624  Bitcoin / Development & Technical Discussion / Re: Bitcoin over GSM on: December 21, 2010, 12:10:57 PM
Why would we use SMS or something else GSM-specific? Almost all smartphones capable of running third-party software have some sort of internet access.

For a phone without internet access, just use touch-tone from the numeric keypad, together with a bitcoin account at the server. No need to do any fancy GSM-audio hacks.
1625  Economy / Marketplace / Re: Please Bitcoin Me on: December 21, 2010, 12:08:54 PM
I had a similar idea - bitcoin graffiti - create a large blank canvas

If you want to paint on a canvas, you can use BitPixel:
http://bitpixel.bitcoin.nl/

You can't paint over other people's pixels, but hardly any pixels have been taken so it's mostly a blank canvas.
1626  Other / Off-topic / Re: Lucid dreaming on: December 21, 2010, 12:07:25 PM
Any one here had a lucid dream .Its the knowledge of being in dream

Well I have had knowledge of being in a dream, but as far as I know it needs more than that to count as lucid dreaming.

Lucid dreamers claim to be aware that they are dreaming, AND be able to push the dream in the direction of their choosing.
1627  Bitcoin / Development & Technical Discussion / Re: How to transfer share holdings within the block chain (second attempt) on: December 21, 2010, 12:03:33 PM
Isn't there really no easy way to send amounts from a particular address

You need to patch the bitcoin client yourself and recompile. If you do this, I think there are quite a few people who would be interested in using your patch.
1628  Bitcoin / Development & Technical Discussion / Re: Feature request : signing a text with a wallet key on: December 20, 2010, 08:29:10 PM
Can you please explain a situation where one would like to prove the amount of money in an account at some point in time?

Suppose your are auctioning something at the Bidding Pond. Suddenly you get a bid for a million bitcoins. You may want the bidder to flash the cash, to persuade you to take their bid seriously.
1629  Bitcoin / Bitcoin Discussion / Re: Be careful of speading misinformation on: December 20, 2010, 04:46:56 PM
Maybe that what Wei Dai want YOU to think?  Grin

Maybe you're right. But be careful of spreading misinformation.
1630  Bitcoin / Bitcoin Discussion / Re: Be careful of speading misinformation on: December 20, 2010, 04:42:31 PM
... Unless satoshi is actually wei dai .......  Cheesy

I considered that too. But I looked into Wei Dai's online persona, and he has so many current interests that I don't think he would have time for Bitcoin.
1631  Bitcoin / Development & Technical Discussion / Re: Comparison of GPU's on: December 20, 2010, 01:44:12 PM
... when the difficulty leaps to an incredible high, or the exchange price drops, you're screwed.

...unless you can make money from transaction fees, or bitcoin-based DNS, or whatever else the future may hold. For sure though, buying hardware is a speculative gamble. GPU mining would have been very profitable for ArtForz because he started early when the difficulty was low. For the same reason, mining with custom hardware will work for him if he's first-off-the-block. But for most of us, the economics of generating is marginal.

Of course there are other reasons to generate apart from monetary reward. It's quite satisfying just to be part of the movement helping to get Bitcoin established.

PS: Anyone who is buying hardware for generation, why not click through the affiliate links at bitcointo.com and claim your bitcoin reward. I got 35 bitcoins back on my purchase of a 5870 card. Thanks to noagendamarket, the operator of that service.
1632  Bitcoin / Bitcoin Discussion / Re: current state of bitcoin reached the limit of growth? on: December 20, 2010, 12:38:50 PM
Do not you think that bitcoin reached the limit of growth...
No! Every week there are new services starting up. Every week more people are generating. There's an ongoing momentum.

The Bitcoin economy is so much more vibrant than it was a few months ago. In another few months it will be at the next level again.
1633  Bitcoin / Bitcoin Discussion / Re: Be careful of speading misinformation on: December 20, 2010, 12:36:14 PM
... because Bitcoin has tremendous value I think it's ok to lie a little...

Because Bitcoin has tremendous value, it's OK to underpromise and overdeliver. It always turns out better that way, in the long run.

If you lie, you only need one prominent journalist to say "I tried it, and it's crap, it doesn't do what they say it does", and the public loses interest.
1634  Bitcoin / Development & Technical Discussion / Re: Comparison of GPU's on: December 20, 2010, 12:34:07 PM
... unless the price of bitcoins rises, I expect difficulty to start leveling off soon.

I think that should say "unless people think that the price of bitcoins is going to rise..."
1635  Bitcoin / Bitcoin Technical Support / Re: computer freezes when generating on: December 20, 2010, 12:22:09 PM
It sure sounds like an overheating problem. Try vacuuming the dust off the fan blades, and moving the computer to a cooler part of the room. It might help.
1636  Economy / Marketplace / Re: Kiba's Art Thread on: December 19, 2010, 08:13:30 PM
Hair looks great! The purple side of the cloak looks great (especially the folds), except for the way that the bottom of the cloak ends in a straight line exactly lining up with the bottom of the chair. The thumb on her upper hand looks just a little too thin at the tip. Compare it to the thumb on the lower hand, which looks very good.

I don't download every version, just once every three or four versions, but it's fascinating to see this evolving.
1637  Bitcoin / Development & Technical Discussion / Re: Bank Fraud, Is it possible? on: December 18, 2010, 05:38:05 PM
You would need to know the IP address(es) being used for bitcoin by the bank. It might not be easy to discover that.
1638  Bitcoin / Development & Technical Discussion / Re: Comparison of GPU's on: December 18, 2010, 05:14:14 PM
I don't think you're likely to make back your money, if you are paying for electricity, and if you need to buy a suitable GPU card.

Here are my figures:

ATI 5870, cost £279.70
305,000 khash/s = average time to generate a block of 48 hours
48 hours at 338 watts (GPU + CPU) equals 16.224 kilowatt hours per block
16.224 kilowatt hours at £0.14 per kW-h equals £2.27 electricity cost per block
Value of a block (MtGox latest bid, less 1% conversion fee): $11.46 or £7.38
After deducting electricity cost: £7.38 minus £2.27 equals £5.11 "profit" per block

At that rate, the card will need to generate 55 blocks before it pays for itself. At the current difficulty rate, that would take 110 days. Even if the difficulty rises by only 15% at every adjustment, the electricity cost will be about £9.18 per generated block in 110 days, so the card would never be paid for. My hunch is that the difficulty will rise much more than 15% per adjustment on average.

Of course, if the price of bitcoins rises enough, the economics of generation changes completely.
1639  Economy / Economics / Re: Questions about Gold, brainstorming on: December 18, 2010, 04:30:26 PM
Before investing in gold, everyone should become familiar with its inflation-adjusted historical pricing, as shown in this chart:
http://en.wikipedia.org/wiki/File:Gold_price_in_USD.png

As you can see, if you bought between 1980 and 1982 you would still be showing a loss three decades later.

So timing is everything. The best time to buy gold was 2001. It may still be a good time to buy gold, but only if you sell it before the economy improves.

Gold is a great hedge against inflation. Historically, gold goes up when inflation is high, and gold goes down when inflation is low. But there's one potential catch in using gold this way. If the economy really goes haywire, the government could prohibit private ownership of gold as they did for much of last century. Then, your hedge becomes untradeable.
1640  Economy / Marketplace / Re: Bitcoin Services in East-Europe (need help) on: December 18, 2010, 12:22:36 PM
I believe it's free in all EU-member countries.
No way. Not in the UK anyway. The typical cost is £25 ($40) to send even €1 from the UK to a Eurozone country.
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