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1441  Bitcoin / Development & Technical Discussion / Re: A Scalability Roadmap on: June 23, 2015, 12:36:25 AM
So do we have a roadmap, or is more research needed?
1442  Bitcoin / Project Development / Re: JoyStream torrent client with paid seeding! on: June 22, 2015, 11:57:05 PM
Interesting project.
1443  Bitcoin / Bitcoin Discussion / Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ... on: June 22, 2015, 11:47:50 PM
.... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you?

Here in British Columbia, and according to these numbers from 2013 ($0.45 / GB), 1 bitcoin buys you about half a TB of bandwidth.

Unfortunately not all bitcoin nodes are located in British Columbia, as lovely as it is.

Does anyone know of a comprehensive summary of bandwidth costs across the world, as well as typical upload and download bit rates?

Well that would be the real research that needs to be done wouldn't it ... so probably not, at least I haven't seen it. And you would then need to see how that translates into real bitcoin data being passed around on the real bitcoin network.
1444  Bitcoin / Bitcoin Discussion / Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ... on: June 21, 2015, 11:10:59 AM
.... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you?

Here in British Columbia, and according to these numbers from 2013 ($0.45 / GB), 1 bitcoin buys you about half a TB of bandwidth.

Unfortunately not all bitcoin nodes are located in British Columbia, as lovely as it is.
1445  Bitcoin / Bitcoin Discussion / Re: Congressional Research Service's Bitcoin report on: June 21, 2015, 11:01:14 AM
An earlier link in turn lead to a pdf for a Congressional Research Service analysis of bitcoin.  I read that paper.  The word choices and scenarios presented in this analysis suggests to me that they are viewing bitcoin as a disruptive technology, but not in a knee-jerk fearful manner.
Here it is for free:

Elwell, Craig Kent, M. Maureen Murphy, Michael V Seitzinger, Library of Congress, and Congressional Research Service. Bitcoin Questions, Answers, and Analysis of Legal Issues. Washington, D.C.: Congressional Research Service, 2013. (updated: January 28, 2015)

It's pretty interesting, just to see how how they understand Bitcoin.

Interesting indeed. So they updated this report after Gavin's debrief or before?
1446  Bitcoin / Bitcoin Discussion / Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ... on: June 19, 2015, 04:22:32 AM
We obviously need a bigger block size if we want to challenge the big payment electronic systems. My main concern is that the people running nodes could be severely decreased due the blockchain being bigger than ever.

This is my issue as well.  If the blockchain.. when the block chain reaches 1 TB.. there will be issues with everyone running a node..

IT would appear the size of the blockchain is out pacing the upgrade in harddrives...

No. No. And just no, stop saying this if you don't want to be seen as a intentionally misinforming.

The size of the blocks is, and has always been, bandwidth limited.
One bitcoin buys about 6 TB of hard drive.

I'm not sure if you are kidding, being disingenuous or just a simple smart-ass trolling. Buying a hard-drive doesn't get you more bandwidth (did I really just need to say that??) .... now would you like to quantify 'about' how much bandwidth 1 bitcoin buys you?
1447  Bitcoin / Project Development / Re: Cryptosteel: The Ultimate Cold Wallet Private Key Storage System on: June 19, 2015, 12:57:51 AM
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Congratulations. I hope the money you raised is spent wisely on efficiently producing your innovative products and growing your business. Be careful that the euphoria from the successful money raising does not cloud your judgement on future direction. Good luck.
1448  Bitcoin / Bitcoin Discussion / Re: Permanently keeping the 1MB (anti-spam) restriction is a great idea ... on: June 19, 2015, 12:50:14 AM
We obviously need a bigger block size if we want to challenge the big payment electronic systems. My main concern is that the people running nodes could be severely decreased due the blockchain being bigger than ever.

This is my issue as well.  If the blockchain.. when the block chain reaches 1 TB.. there will be issues with everyone running a node..

IT would appear the size of the blockchain is out pacing the upgrade in harddrives...

No. No. And just no, stop saying this if you don't want to be seen as a intentionally misinforming.

The size of the blocks is, and has always been, bandwidth limited.
1449  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2015, 08:23:04 AM
So what's next after $240 ? A dump or an other pump ?

too fiddy.
1450  Economy / Speculation / Re: Bitcoin. Gold. on: June 16, 2015, 06:03:25 AM
Marginal cost of capital is rising again and inflation expectations are following along, rapidly.

https://www.tradingfloor.com/posts/macro-digest-the-marginal-cost-of-capital-is-rising-rising-rising-5153502

1451  Economy / Speculation / Re: Bitcoin. Gold. on: June 16, 2015, 05:50:14 AM
China divesting US treasury bonds, wonder what they are buying?

http://www.zerohedge.com/news/2015-06-15/china-dumps-record-120-billion-us-treasurys-two-month-belgium

Quote
Those who have been following the saga of "Belgium's" US Treasury holdings learned last month that the "mysterious buyer" behind Belgium's Euroclear was, as some speculated, China all along. Nowhere was this more evident than when showing an overlay of China and Belgium's combined TSY holdings versus China's forex reserves.
1452  Economy / Speculation / Bitcoin. Gold. on: June 16, 2015, 04:13:50 AM
Just somewhere new and positive where free, enquiring minds can speculate on all aspects of these two great assets.  Smiley
1453  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 16, 2015, 02:45:11 AM
Ok, the derpiness is plumbing new depths of sadness, i think it might be time to check out of the gold collapse and I have some other projects I'd like to work on ... so long and thanx for all the fish sn Wink

bitcoin will scale eventually, patience grasshoppers.
1454  Economy / Economics / Re: Technological unemployment is (almost) here on: June 16, 2015, 02:35:41 AM
my $200 robot vaccum cleaner has left me un employed from a lot of vacuuming....however it does require some maintenance/care, and cannot pick somethings up as well as the push upright dyson. However it can cover alot more area than I can as it does all the edges and does not get bored.

This tech will improve.

I enjoy to vaccum and dig in the yard, build stuff though...sometimes.....so maybe it will become like running is now, a recreational fitness thing

When a robot can do dishwashing and hanging up the clothes.....

 

technologically unemployed house husband ... sounds depressing, only made worse when you realise robo-vacuums are great until the cat gets diarrhea !!
1455  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 15, 2015, 12:08:18 AM
The one good thing to have come out of Blockstream is the confidential values technique for blinding output amounts.

What if that technique outlives sidechains and Blockstream?

Perhaps it is time you declared what Monetas's position is on blocksize? And if there is anything in your contracts that allow opt-out "for the betterment of bitcoin" if you become conflicted? You know the same clauses that key blockstream employees have that cypherdoc has glossed over many times in his persistent smearing, defamation and character assassination that you seem to be supporting curiously ...

cypherdoc: how's the hashfast debacle progressing? Been sued for your involvement in that scam yet?

at least i have the self control not to become as venomous as you.

is this a crusade for you?  you honor me for putting me up on such a pedestal.

do unto others as you would have them do unto you ...

do you ever have any real arguments to bring to the debate?  or is it always just slander and defamation with you?

Unfortunately that is the standard you have set in your own thread, and on reddit also it seems. I'm just obliging after you choose to play the man and not the ball, on enough occasions now to show that it is not just a fluke, but you are intent on poisoning the debate and swerving away from legitimate technical discussion. Endlessly parroting character smears doesn't make them real.

I kind of regret that I may have armed you with so many big words and concepts that you might actually sound convincingly smart enough to be dangerous, to the unwary reader.
1456  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 14, 2015, 11:53:48 PM
The one good thing to have come out of Blockstream is the confidential values technique for blinding output amounts.

What if that technique outlives sidechains and Blockstream?

Perhaps it is time you declared what Monetas's position is on blocksize? And if there is anything in your contracts that allow opt-out "for the betterment of bitcoin" if you become conflicted? You know the same clauses that key blockstream employees have that cypherdoc has glossed over many times in his persistent smearing, defamation and character assassination that you seem to be supporting curiously ...

cypherdoc: how's the hashfast debacle progressing? Been sued for your involvement in that scam yet?

at least i have the self control not to become as venomous as you.

is this a crusade for you?  you honor me for putting me up on such a pedestal.

do unto others as you would have them do unto you ...
1457  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 14, 2015, 11:51:32 PM
I think Gavin should de-hitch his wagon from Mike Hearn after hearing how Mike proposed centralized checkpointing. The blacklisting thing was his one free pass at a really horrible idea. Now it just looks like he doesn't get what Bitcoin is really about.

I can see why Gavin would utilize XT as an end-run around the political gridlock in core, and I also see that Mike Hearn has a unique perspective and background that is useful, but he should not be a core committer in my opinion. Gavin is the only person qualified to (provisionally) lead the project as far as I can see now, but I think "palling around with Mike Hearn" will be viewed with suspicion, especially if it's unnecessary. Why not just just add in the patch to Core and fork off if necessary?

I'd agree if you're referring to that interview he did, he didn't do the goal of decentralized control any good.

If you've been paying attention there is nothing new in Mike's recent activities.  Granted, they have become a little more audacious of late.  Probably an artifact of getting pretty much complete control of Gavin and an element of desperation given the fairly amazing progress made by the Blockstream folk.  His half-decade long hopes for the system (a monitoring tool controllable by his beloved leaders in mainstreamland) are fluttering away.

I'm glad someone else is paying attention. The productivity of the current crop of core devs has outpaced the surveillance branch and Gavin's threat to fork is a desperate attempt to regain control, which is fast slipping away from them, just through sheer innovation. They are losing in the meritocracy stakes.

Gavin's last major contribution was back-dooring bitcoin privacy through the broken X.409 bolt-on kludge, 'payments security' (theatre). He is not a leader in content, quality or name any longer as far as I am concerned. And he still needs to come clean about how much and when he knew about the Bitcoin Foundation collapse, after drawing a salary from them for so long and being the sole reason it was instituted. He seems to be in a hurry to distance himself from that particular fiasco.
1458  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: June 14, 2015, 11:34:20 PM
The one good thing to have come out of Blockstream is the confidential values technique for blinding output amounts.

What if that technique outlives sidechains and Blockstream?

Perhaps it is time you declared what Monetas's position is on blocksize? And if there is anything in your contracts that allow opt-out "for the betterment of bitcoin" if you become conflicted? You know the same clauses that key blockstream employees have that cypherdoc has glossed over many times in his persistent smearing, defamation and character assassination that you seem to be supporting curiously ...

cypherdoc: how's the hashfast debacle progressing? Been sued for your involvement in that scam yet?
1459  Bitcoin / Press / Re: [2015-06-13] - NZ Herald: Matt O'Brien: The scam called Bitcoin] on: June 14, 2015, 11:29:43 PM

I didn't get your WaPo remark at first - then I remembered last week's bizarre piece by the same author https://bitcointalk.org/index.php?topic=1086015.0

What are the mechanisms that get this kind of nonsense from one side of the world to another? (he asks, rhetorically).


Quote
A lie can travel half way around the world while the truth is putting on its shoes.
- Mark Twain

is the mechanism you are referring to I believe.
1460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 14, 2015, 09:05:52 AM
https://www.youtube.com/watch?feature=player_detailpage&v=i33P0eVrKvM#t=262
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