Update: We are not going to meet our previously predicted ship date of 11/1 for our custom HPC client. It now looks like we'll need about another two weeks before we can release the Beta. Sorry for the delay, this is our top priority and we're working hard on it!
Does the release of the "beta" client signify the imminent end of mining only clients ? What is the ETA on the termination of loyalty points program ?
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There is both an individual and a social incentive to want to mix, so I'd guess that many if not most users will select the "mix" option if it was offered.
For the individual: Simple question, given the choice, ask yourself would you rather have a bank account that is totally private with no possibility of anyone gaining information about your financial transactions or another bank account that is maybe private, but has no guarantees against who your financial transaction behaviour maybe data-mined by?
Then shouldn't it just be an automatic, mandatory thing, hardwired into clients, forcing those who want to avoid mixing to find clients that didn't mix? I think you have it all backward, even with today's with unsophisticated coin mixing services it is still near impossible to track the origins and ends of 99% of transactions. What make you think 100% of people would want to help anonymize wrong doing using bitcoin. Why don't you take it one step further and wonder why not everyone is willing to run a TOR exit node by default ? . And why it wouldn't necessarily be a good thing ? As if Bitcoin isn't revolutionary enough, it's required to provide 100% anonymous transaction while being ~97% anonymous already and criminals can easily achieve 99.999% anonymity with a small fee and some know how.
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I would support an artist but no, I would never pay per track.
I usually listen to ~30 semi-random track at a time and prefer not to care much who actually produced the tracks.
I'm all for giving a fair share to artists but the per track model is completely dead for people listening to music efficiently.
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I found the original post particularly offensive.
This is yet another reason that when your ignore button gets dark enough the user should automatically be given the douche bag tag and their posts should not longer be visable anywhere unless other users click on them.
MOE-PR - You should change that subject line too.
Thanks for bringing this to my attention, MOE-PR just crossed my ignore threshold. Sensationalism title + Near empty post + failed FUD attempt = good riddance.
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Great idea, keep going!
Given people will pay to get a tracking of their stolen coins, coin mixing is very unlikely to be deemed "by default". Ps : You're reviving a 2 month old thread.
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OP, you could have commented on this page instead of creating an empty new topic 9 day late. http://www.reddit.com/r/Bitcoin/comments/11mk2o/78_percent_of_bitcoin_currency_stashed_under/We haven't gone out of the 1st era of cheapest bitcoins and you want me to spend them on something I don't absolutely need ? Ridiculous. Save save save...
Wait until ASICs come in the game then wait for a reward halve, then another...
Spending bitcoins is good unless you spend it on something that need them converted to fiat beforehand. Hire some developers, tip people who help you, (micro payments) invest in the development of the bitcoin economy... the only exception to this is purchasing mining hardware and paying for it's electricity.
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Make it a survey or don't post this question "at all".
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That would be 200m$ worth of BFL hardware... Not going to happen, leaving quite a margin for less efficient device to cover their investments ... at some point.
Are you one of these guys who think that "640kB ought to be enough for anyone"?If Bitcoin continue to succeed, it will come to a point where $200M will have been spent on mining hardware. Just consider that today alone, $20M has been spent on CPU/GPU/FGPA mining hardware. Going to $200M is only a 10x increase. The 20m$ GPUs pay themselves in ~300 days with current profit/watts, while the 200m$ = ~20 years (Edit: Actually never given reward halving) The price would need to be of an average of 240$ during the next four year for hardware to pay for itself in the same duration. In other word, very plausible given the imbalance in monetary distribution, Unfortunately my planing for a such a scenario is right next to my alien invasion preparedness folder.
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About power figures,
If the same energy now spent on GPU get spent on 1w/ghs ASICs the difficulty will be 450x what it is now or ~1.38 billion.
That would be 200m$ worth of BFL hardware... Not going to happen, leaving quite a margin for less efficient device to cover their investments ... at some point.
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For me GLBSE will be closed when assets ownership have been transfered to issuers and every loose BTC have been returned. Whatever happen to Nefario and his "yet imaginary" threats, I couldn't give a _
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+1
This SMF dump is hindering decentralization and a sane development for the bitcoin economy.
The owner shouldn't be wasting his time arguing on who should be banned. The whole ignore / ban thing feel so outdated, it's inefficient and does not scale much compared to what reddit uses, witch isn't that sophisticated to begin with.
A mean to downvote posts and have post with say "-5" show as hidden/collapsed by everyone with a hide trigger of >-5
These sorts of things would benefit us all and promote a sane Bitcoin development.
I might just be dreaming here but what would be the requirement to implement a way to convert and move entire threads to entirely different discussion system like disqus or reddit ?
Threaded topics would much more effectively manage inputs from users like Atlas, Goats, smoothie, ect... who tend to post, poorly though of, one line response to specific details from a larger post and sometime doing so while quoting 2 page long posts.
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A mean to downvote posts and have post with say "-5" show as hidden/collapsed by everyone with a hide trigger of >-5
These sorts of things would benefit us all and promote a sane Bitcoin development.
I might just be dreaming here but what would be the requirement to implement a way to convert and move entire threads to entirely different discussion system like disqus or reddit ?
Threaded topics would much more effectively manage inputs from users like Atlas, Goats, smoothie, ect... who tend to post, poorly though of, one line response to specific details from a larger post and sometime doing so while quoting 2 page long posts.
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Atlas does add to the discussion once every 300 post,
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How can we be sure that all that nice computational power will not be used for malicious purpose. Maybe not from you, but suppose that you rent that power to someone, how can you know what it will serve for ? This could be use like a giant password craking tool !
just wondering
Since when is password cracking malicious anyway ? ... It's surely not in Bitcoin land.
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Instead, Amir posted the source code causing additional money to be stolen, and no one has received any of their money back yet.
...Are you telling me that you seriously believe Zhou's explanation of the MtGox breach and how someone who just happened to have his credentials (but who doesn't read this forum) also just happened to come across the leaked code and then also happened to think that the MtGox API keys might be a password to something else? Seriously? Because given Zhou's ridiculous story about the MtGox breach, I wouldn't even trust his explanation of the Rackspace breach. There are plenty of legitimate grounds on which to criticise the way that Donald, Patrick and Amir have handled the whole Bitcoinica disaster. Let's not damage our own credibility by pretending to believe in the absurd. +1 The fact that Intersango guy have not yet been able to communicate coherently has helped Zhou get away with it. They haven't investigated or raised the hint of a doubt about Zhou's story. IIRC they didn't even cooperate with Tihan/Murck when it was time to receive the stolen funds from Zhou. There are still many hundred of thousand $ not recovered from last CHEN/ZHOU theft.
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If You are behind NAT then don't open incoming 8333 port (disable UPnP in bitcoin settings) and bitcoin will connect to max of 8 nodes. Just that simple, just that clean!
Thanks all for your numerous "Just that simple" solution. If you haven't noticed, I'm inquiring about a solution for the general public. Can you answer to this guy's problem two post up ? I've noticed too that bitcoind is saturating my upload speed, and I don't even have port forwarding from my gateway linux machine to the 'internal' linux server where I have bitcoind running.
Seems pretty poor design to not have it in the client already to limit upload bandwidth like bittorrent etc. has done for YEARS. ...
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There has to been numerous speed limiting algorithm developed for eMule and uTorrent. Here's more. : http://bittorrent.org/beps/bep_0029.html http://tools.ietf.org/html/draft-ietf-ledbat-congestion-00...μTP eliminates this problem by being better at only using bandwidth when there is no other traffic competing, and automatically slowing or stopping BitTorrent transfers before network connections seize up. ... It does this by being able to detect congestion on a network based on how long a packet takes to be sent from one peer to the next. If things start to take longer, then μTP adjusts the rate of sending accordingly....
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i have heard many people saying that Butterfly Lab and the other manufactures who make ASIC's is a SCAM
and this could be true because there is no proof than even ASIC exist and no one has even has a picture of a ASIC
what you you all say about ASIC's?
First open your directory to learn the definition of ASIC. Then continue reading those threads about BFL. Hint : If I had purchased a BFL ASIC I would be tempted to discourage others to do the same and if I had not I would be jealous and would not be willing to accept the truth.
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