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2221  Other / Off-topic / Re: Millionaire leaves message on the key to happiness on a bank receipt... on: September 27, 2012, 05:59:41 AM
Found the accounts owner. Yeah, then leave it on a receipt and tell everyone how they screwed up their life by having kids, friends or a life before working toward building up a fat bank account because thats all that really matters.

2222  Other / Off-topic / Re: Millionaire leaves message of the key to happiness on a bank receipt... on: September 27, 2012, 05:50:11 AM
What a douche bag.
2223  Economy / Service Discussion / Re: Bitcoinadvertisers ad bot!? on: September 27, 2012, 05:14:50 AM
not smart if thats true, one way to get people chased away from his site thats for sure. i already deleted them all from my pages.
2224  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 04:53:26 AM
That sounds about right, and just use OT as a backend system.
2225  Economy / Service Discussion / Re: Bitcoinadvertisers ad bot!? on: September 27, 2012, 04:50:21 AM
Isnt this that andrew bitcoiners site?
2226  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 04:25:30 AM
Perhaps start a new thread, setup bounty for open sourced exchange to be used with open transactions ?
2227  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 12:40:57 AM
I dedicate 5,000 DVB shares sold at whatever they are worth at the time to it if you go for it.
2228  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 12:39:45 AM
Markm, get to work! This looks like a new project idea for you and dvc can be used to fund it Smiley
2229  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 12:30:59 AM
Venturing a few names, stockcoin, bondcoin, securitycoin, sharecoin?
2230  Economy / Securities / Re: Done with GLBSE on: September 27, 2012, 12:16:43 AM
"Necessity is the mother of ingenuity."

2231  Economy / Games and rounds / Re: Circle of Trust [Game/experiment] on: September 26, 2012, 08:58:52 PM
I added .01 I think also.
2232  Other / Off-topic / Re: Dear FBI, CIA, NSA, and SEC authorities on bitcointalk.org... on: September 26, 2012, 03:54:38 PM
Does the CIA use charmin or scotts tp?
2233  Other / Off-topic / Re: Dear FBI, CIA, NSA, and SEC authorities on bitcointalk.org... on: September 26, 2012, 02:20:30 AM
No he supervises them, although he might just be full of crap and told me NSA to attempt to sound cool.
2234  Other / Off-topic / Re: Dear FBI, CIA, NSA, and SEC authorities on bitcointalk.org... on: September 26, 2012, 02:15:31 AM
I have a buddy that works for the NSA, but I think he like checks bags at the airport, I could get him to hop on here if you want.
2235  Other / Off-topic / Re: Post a lie about the person above you! on: September 26, 2012, 01:23:18 AM
^ Spied on me and found out I have a devcoin fpga.
2236  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: September 26, 2012, 12:51:25 AM
And it is the product produced by the reactor?
2237  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: September 26, 2012, 12:44:31 AM
How many shares?
2238  Economy / Securities / Re: [GLBSE] [WAHMINE] Setting up IPO Looking for input on: September 25, 2012, 05:04:37 PM
The 9000 would be overkill as the current price of btc is about 12.10 so the amount needed to purchase 3 units would be about 7438.02 BTC and I wont be buying them all at once anyhow. I would like to but I doubt its likely. I do not want to issue to many and screw up my numbers either, I figure 8000 should cover any possible declines in prices whenever we get around the third unit. If it goes that well, then of course I would issue further securities or purchase it from my own profits for further units.

For the initial equipment, I was thinking it would cover the 1% coupon until mining officially begins that you are describing. I had read up on that on other contracts and thought it was a good way to keep investors happy, especially on bitcoin securities as we are a very impatient lot.

edit: Updated the OP. Not sure how to implement/state the coupon though. Will look around the site some more, see if I can find more information on all of it.
2239  Other / Off-topic / SEC Tells Pirate Where He Is Going on: September 25, 2012, 04:02:27 PM
2240  Bitcoin / Mining / Re: can there be an early difficulty adjustment? on: September 25, 2012, 03:12:08 PM
You all do realize that if mining hardware kept getting more widespread and more powerful at an insane rate like 4x per block cycle, bitcoins would be depleted in 25 years instead of 100, right?  Cutting off like 7 days may not seem bad but any reduction to the useable life is bad.  That's why the protocol should have been designed to overcompensate for overmining in the next cycle.  Like if 1.2x the bitcoins are mined because of an increase in GH/s, adapt the next cycle to anticipate at 0.8 total bitcoin mining rate over the next difficulty period.

Let us now for a short moment consider this post, and think that difficulty indeed quadruples four times every two weeks, and thus twice a week.

Per year, that's a factor 4^(52*2). For 25 years, another exponent of 25 comes in, yielding a total network growth factor of:



That is ten to the 1565. If people manage to deliver a Terahash from one atom, the new network still vastly exceeds the size of the known universe.

"The greatest shortcoming of the human race is our inability to understand the exponential function" -Albert A. Bartlett

+1 awesome.
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