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2061  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 14, 2012, 11:59:22 PM
I'm wondering about the invisible wall at 6... the psychological one
2062  Other / Off-topic / Re: 01000010 01101001 01101110 01100001 01110010 01111001 on: June 14, 2012, 07:53:30 PM
Quote
SXNuJ3QgdGhhdCB0aGUgb2xkIEJpdGNvaW4gbG9nbz8=
2063  Bitcoin / Development & Technical Discussion / Re: Huge increase in satoshidice spam over the past day on: June 14, 2012, 07:42:26 PM
Why does the network need to rely on "trusted nodes" Huh
What's wrong with just "nodes"? Anyone can be a node, that's part of the point. Once we get to the point where people mostly use lightweight clients, a client which wants the whole blockchain can keep connecting to nodes and asking for a list of peers until it finds one with the whole blockchain, or half, or whatever. It starts downloading from that one while looking for more peers to verify against. The concept of a "trusted node" is antithetical to Bitcoin's goals.
2064  Bitcoin / Development & Technical Discussion / Re: Huge increase in satoshidice spam over the past day on: June 14, 2012, 05:47:50 PM
Why are you all so eager to get the network comprised of only "trusted nodes"(trusted by whom?) and "lightweight clients"?

Way to kill decentralization, IMO.
Exactly. What's that Satoshi quote? That governments are good at cutting off the heads of things like Napster? Well... how many trusted nodes are we talking about, who's going to protect their heads, and how do I apply to be a trusted node so that I can mess with the blockchain later on?
2065  Bitcoin / Project Development / Re: Bounty 20 BTC: Wi-Fi Hotspot, enabled by bitcoin on: June 14, 2012, 05:44:38 PM
Is this bounty still in progress ?
I'll pay up at least...
2066  Bitcoin / Development & Technical Discussion / Re: Huge increase in satoshidice spam over the past day on: June 14, 2012, 03:51:22 PM
"Normal" users should not be using bitcon-qt.
Well, it's the official client for one.
For two, the more people that stop using a "full" client, the fewer full client nodes we have, and the less secure the network is.
2067  Bitcoin / Development & Technical Discussion / Re: The great wallet in the sky on: June 14, 2012, 03:33:43 PM
 Shocked https://blockchain.info/tx-index/2107209/3bbd94d22346a3bfb44257293e10c3b5c9ee39230c1cd358bdce2bf03c61ba0b  Shocked
2068  Bitcoin / Development & Technical Discussion / Re: Huge increase in satoshidice spam over the past day on: June 14, 2012, 03:27:48 PM
Deprioritizing sounds like a horrible idea. Who gets to decide who to limit?

Maybe 25 GiB/year isn't too much storage-wise, but it is way too much bandwidth-wise.

"Hey have you heard about Bitcoin?" "Yeah, last month" "Why aren't you using it? I find great deals every day on BitMit" "Blockchain's still downloading"

 Roll Eyes right...

The size of the blockchain will soon be a huge hindrance to widespread adoption
2069  Other / Beginners & Help / Re: *** We're giving out free bitcoins on rugatu.com ! *** on: June 14, 2012, 01:58:06 PM
Im in! Username :Atm
Genious! Create an account just to get the 10 mBTC! Roll Eyes
2070  Economy / Speculation / Re: Next sudden volume increase: Bitstamp on: June 14, 2012, 02:41:58 AM
I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
They need to fly by "pulling themselves up by their bootstraps"... its the joke from which the term "bootstrap" as a verb originates.
2071  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 14, 2012, 02:26:11 AM
Buy a mac laptop for the hardware, then remove the OS Cheesy
Or buy an ASUS...
2072  Economy / Speculation / Re: Next sudden volume increase: Bitstamp on: June 14, 2012, 02:23:55 AM
I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!
2073  Bitcoin / Project Development / Re: Bitcoin card for deposit and payment + Little POS on: June 13, 2012, 11:00:38 PM
Yes, it is something like that.

I don't like the idea of disposable PVC cards... think what it would be like to throw away your credit card after every grocery-shopping trip!

re-statement:
Instead, having the merchant empty one of your wallets and send to the other would be ideal: he can't access the one he sends the change to. A bitcoind on your home computer would then refill the public address.

Another way of doing it, with the home-hosted bitcoind:
Have a public address 1CUST with a very small amount (~0.01 BTC). The merchant then charges a number of Satoshis from that to 1MERCH. The home-script sees this transaction. It multiplies the satoshis by some number (10,000?) and sends that amount to 1MERCH.


Both of these methods have a problem. They avoid giving out your main private key but:
1. With this method, the merchant could set up a program to rob your address as soon as it is filled back up
2. With this method, the merchant could charge the whole 0.01 BTC, causing your script to send 100 BTC to the merchant. You throw away the card, but the damage is done.

So really, I'm not seeing a viable way to make re-usable PVC bitcoin cards, given that there's no way short of rubber-hose cryptography to prove that someone owns such-and-such an address.
2074  Bitcoin / Project Development / Re: Bitcoin card for deposit and payment + Little POS on: June 13, 2012, 09:56:11 PM
I see a simple method which could work for one reusable card. It would make stealing instantly detectable, at which case you punch out the merchant Wink

The card has 2 QR codes on it, but they are not of the same address. Here's how it would work:
  • There are 2 addresses, 1a and 1b.
  • The public address for 1a is shown, as is its QR code.
  • The privkey for 1b is shown, along with a QR code which scans to it.
  • To "load" the card, send bitcoins to 1b.
  • When the merchant takes payment, he transfers *all* of the money in 1b to his address, then sends the "change" to 1a. The merchant cannot take more money now, because he doesn't have the 1a privkey.
  • Finally, in order to re-use the card, the change must be sent from 1a back to 1b. This could be done by bitcoind and a script running on your home computer.

Now the only possibility for stealing is when the merchant doesn't send you the change. But since anyone can check the blockchain from websites like blockexplorer and blockchain.info, this isn't a feasible attack. You'd notice he overcharged, and demand your money back. Then you could sue him or punch him out if he didn't.
2075  Bitcoin / Project Development / Re: [ANNOUNCE] CoinWorker.com beta - earn bitcoin in minutes via tasks in browser on: June 13, 2012, 09:48:51 PM
At this point we just need to sit back and let the invisible hand sort it out. If everybody stops doing the tasks which pay 0.67 cents (new low... saw it just now), then the tasks will need to pay more...

At this point, though, there might be enough people who are 20 cents away from the cashout that this takes a while. Or, there might be enough people content with working for 20 cents / hour that the service keeps running...
2076  Bitcoin / Project Development / Re: [ANNOUNCE] CoinWorker.com beta - earn bitcoin in minutes via tasks in browser on: June 13, 2012, 09:34:02 PM
I can't find a job worth doing from weeks...
Yeah, I saw one worth 0.75 cents the other day... who the hell would do a page of work for less than a cent Huh
You'll do better walking along the highway and picking up bottles for their 5 cent deposit.
2077  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: June 13, 2012, 09:20:15 PM
OK, thanks for answering.

Sometimes I want to send more than 0.0005 tx fee, because the tx is very large. Unfortunately, there's no way to change it, so I have to wait for several hours before Eclipse-MC finds a block. Please add functionality to control fees.
2078  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: June 13, 2012, 02:10:13 AM
The top buttons don't display a "hand" cursor when you mouse over them. In fact, they show a text-selection "I" cursor. They used to be on one line. They're less round.
Notice how oddly the words wrap here:

they didn't do that before.

Or I'm crazy...
2079  Bitcoin / Project Development / Re: GLBSE - request for next features on: June 13, 2012, 12:22:18 AM
I want to be able to ignore the fixed-rate mining bonds... they flood the market
2080  Other / Off-topic / Re: Rugatu.com - Your signature is worth our bitcoins ! on: June 12, 2012, 11:51:36 PM
lol, 10,000 days of ad space? Shocked
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