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361  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: July 05, 2012, 10:06:24 PM
at this point i would welcome another bout of stability
362  Other / Beginners & Help / Re: Bitcoin Investment on: June 30, 2012, 10:35:45 PM
Welcome to Bitcoin!

Just between you and me and the rest of the internet, I don't trust glbse.

I would put your bitcoins in cold storage (if that represents your savings) and leave it at that.

Or whatever, do what you want sheesh stop hassling me...
363  Bitcoin / Bitcoin Discussion / Re: 6.66 Mark of the Beast!! ZOMG!!! on: June 30, 2012, 08:56:33 PM
364  Bitcoin / Bitcoin Discussion / Re: What is the best way to destroy bitcoin? on: June 30, 2012, 07:37:18 PM
Quote
What is the best way to destroy bitcoin?

Nuke it from orbit.

Its the only way to be sure.

365  Bitcoin / Mining speculation / Re: ASICs vs BOTNETS on: June 30, 2012, 01:49:09 AM
To be honest I don't really care where the hashes come from, I just think the more hashes the better security the network has.
Mystery miner is my only exception, though, because they have 1.3TH and don't accept transactions into their blocks, making just over 1/10 of all Bitcoin blocks without transactions.

How is that even possible?
366  Bitcoin / Mining speculation / Re: BFL's graveyard on: June 30, 2012, 01:44:48 AM
If the Singles can be reprogrammed and used for any BOINC projects out there, that will be great.

THIS A MILLION TIMES!

I gots to be mapping the galaxy yo
367  Bitcoin / Mining speculation / Re: Will ASIC mining destroy Bitcoin? on: June 30, 2012, 01:36:31 AM
Seriously, what if the developers decided to change the block hashing algorithm from double SHA-256 to something else (WHIRLPOOL or SHA 3 maybe)? doesn't it renders ASIC useless?

I think so, yes.

It's been brought up that if something needs to change security wise and the Devs need majority of the miners to switch; ASIC users are basically screwed out of their investment.

I don't think its likely that anything is going to happen to SHA-256 in the foreseeable future...


But here I am talking about things i hardly have any knowledge of. I know ASIC is purpose built hardware, but is the architecture the end all be all of mining? Will the next thing after ASIC simply be upgraded ASIC via die shrink and design?
368  Economy / Economics / Re: EU banking union on: June 30, 2012, 01:04:41 AM
Quote
… Already long ago, from when we sold our vote to no man, the People have abdicated our duties; for the People who once upon a time handed out military command, high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses

-Juvenal 100 C.E
369  Economy / Speculation / Re: The bubble has popped, slow decline to $3 on the way on: June 29, 2012, 06:26:42 AM
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make it easy for us... Battery Technology?

This is just a shot in the dark, but I think he's inferring the fact that the only thing stopping us from deploying functional power-armored infantry is the lack of a suitable power source.

I've seen the tech demo'd on TED talks. Really impressive stuff...

But then, he may be referring to something completely different...

edit: lasers?... pew pew
370  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 29, 2012, 05:06:08 AM
is "six point crazy" some sort of economist slang? or is adam just 'real' crazy?...

edit: I've been monitoring btccharts all day. Seems to be lots of buying pressure.
371  Bitcoin / Mining speculation / Re: Will ASIC mining destroy Bitcoin? on: June 29, 2012, 03:18:54 AM
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Honestly, ordering some assassinations on the guys running major exchanges sounds a lot cheaper...

I've felt recently that it would be easier (cheaper) for Gavin and other developers to simply suffer sudden "heart attacks".

We need to round up all our developers and put them in a "safety pit". For their safety.


But seriously, if we suddenly lost our core developers, where would bitcoin be? Do you think others would step up if it could mean assassination?

And I realize our developers being assassinated is not realistic, but then again I really really really don't want them all on the same plane on any business trips...  

edit: I just realized I'm derailing the thread. Too soon... so....

YAY ASIC MINING

372  Other / Beginners & Help / Re: More potential for 7970? on: June 29, 2012, 12:00:25 AM
oh look its this thread

thanks 1onevvolf  Wink
373  Economy / Speculation / Re: The bubble has popped, slow decline to $3 on the way on: June 28, 2012, 11:54:55 PM
I think what everyone is missing here is that Flash Gordon was the savior of the universe.
374  Bitcoin / Bitcoin Discussion / Re: How to make physical Bitcoins? on: June 28, 2012, 04:44:42 AM
@ casascius - Thanks. I don't have the funds to spare to be buying Bitcoins for something like this yet but when I do I might try it. Are holograms / scratch-offs like you and others use hard to obtain?

@ Hexadecibel - I was thinking more along the lines of what this guy did, https://bitcointalk.org/index.php?topic=52295.0 , but with a more artistic, money-like design.

there's no reason you couldn't generate the keys with bitaddress and slap them on something you made in photoshop or gimp to make it look pretty.
375  Bitcoin / Bitcoin Discussion / Re: How to make physical Bitcoins? on: June 28, 2012, 03:58:02 AM
physical like a paper wallet?

www.bitaddress.org
376  Bitcoin / Bitcoin Discussion / Re: [ANN] Mt.Gox now offers international wire transfer to all US Banks on: June 28, 2012, 02:50:11 AM
I still love you mtgox
377  Economy / Speculation / Re: The bubble has popped, slow decline to $3 on the way on: June 28, 2012, 02:09:19 AM
Im happy to report I have bought recently 500 btc so far from wise bitcoiners at $4.50 USD Smiley
Im still happy to bail anyone else out at the quoted price of $4.50 as the price approaches $5.  

378  Economy / Speculation / Re: The bubble has popped, slow decline to $3 on the way on: June 27, 2012, 09:21:13 PM
So long as we're throwing wild personal opinions around, here is my own. I don't believe that the military or government has any computer technology that is significantly more advanced than what we are seeing in known academic research laboratories and private research programs.  Even if they wera able to create a super-quantum computer, the advantage would be so short lived against the rest of the world following behind, I don't think it would even make sense from a budgetary and strategic point of view. I remember in the 90's there was a lot of speculation about the kind of incredible computer technology that the government and military must have had, because we were coming from a time when the highest technology traditionally came from government and military programs. That's not really true anymore, and it wasn't really true then either. As it turns out, the government did not have any computer technology that was superior to technology held by any number of academic and private institutions and I don't think this has changed, especially in these economic times. I think this idea is no different than the formerly widely held belief that the american military is so advanced and powerful that they would certainly walk all over any technologically inferior country like say, Vietnam, Iraq or Afghanistan with no trouble whatsoever. It's all smoke and mirrors, anyone remember the Aurora aircaft? Off the top of my head the only project I can think of that succeeded in creating a super technology well ahead of the curve, was the Manhatten project, but even that supremacy was very short lived. Even the internet, their greatest and most successful endeavor, did not experience its renaissance until it was opened to public and private institutions. They simply cannot compete on their own aginst that open market, not anymore.

I was in the Army 2003-2007. Saw a lot of things. Nothing of which made me think our (my) government was all powerful technology wise, when the insurgence were taking out our armored assets with homemade explosives.

Friend of mine was military intelligence with top secrete clearance. While he did not divulge anything to me (rightly so) he did say the world was a lot more mundane than what people would like to believe...
379  Economy / Speculation / Re: Infographic: why the sky is the limit on bitcoin prices on: June 27, 2012, 08:01:33 PM
People are so much nicer and more intelligent here than on Reddit. I'm not sure if its because there are less 12-year-olds here, or just that people on this forum have already done lots of thinking on these topics.

It seems like reddit reaches a very wide audience, and this forum reaches a very smart audience. Smiley

well, you cant even post here till you are white listed. Filters a lot of garbage out. Swing by the newbies forum sometime...
380  Economy / Economics / Re: 60 banks hacked, millions stolen! on: June 27, 2012, 07:57:16 PM
are there other sources?
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