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1401  Economy / Speculation / Re: *yawn* on: February 14, 2013, 04:56:57 AM
Wait till we see about 150,000 BTC @ $17.

Whether or not that happens antime soon, or ever, might have much to do with the details concerning Amazon's announcement concerning their own internal "coins".If they are real coins, with an exchange rate to bitcoins, bitcoins are headed for new highs.  If they can undermine bitcoin's rising popularity in practice, bitcoin might just crash soon.  Time will tell.
1402  Other / Politics & Society / This is the best article concerning gun control I've ever read. on: February 11, 2013, 02:03:43 PM

And it's by an avowed liberal.  Warning, it's pretty long.


http://www.thepolemicist.net/2013/01/the-rifle-on-wall-left-argument-for-gun.html
1403  Bitcoin / Bitcoin Discussion / Re: Is Satoshi actually Richard Stallman? on: February 11, 2013, 02:59:44 AM
This might be off topic. My apologies.

We know the time of Satoshi's posts, right? With different sets of assumptions, this time distribution could be used to generate a set of activity profiles...ie, if we assume he posts during evening hours most often, and didn't move frequently, his post time stamps suggest his time zone was...

This was done years ago.  The most likely time zone is Eastern US.

So... you are saying Langley?  Grin

Not impossible.
1404  Economy / Economics / Re: Concerned about the recent BTC price rise. on: February 11, 2013, 01:20:48 AM

Also, people are mistaken when they think that bitcoin will destroy credit cards. People like credit cards because of the security they provide. They want chargebacks. Ultimately, even if bitcoin does take off, people will use bitcoin-backed credit cards (or paypal) because they want the ability to call up the credit card company and dispute a charge.

That's not security, that's insurance.  The security model for CC's is awful.
1405  Bitcoin / Bitcoin Discussion / Re: Is Satoshi actually Richard Stallman? on: February 11, 2013, 01:09:06 AM
This might be off topic. My apologies.

We know the time of Satoshi's posts, right? With different sets of assumptions, this time distribution could be used to generate a set of activity profiles...ie, if we assume he posts during evening hours most often, and didn't move frequently, his post time stamps suggest his time zone was...

This was done years ago.  The most likely time zone is Eastern US.
1406  Economy / Economics / Re: Concerned about the recent BTC price rise. on: February 10, 2013, 04:26:59 PM
We are going to see more than 22 million bitcoins if it actually takes off.

Taken alone, this is false. Do you wish to clarify?
1407  Other / Beginners & Help / Re: Presenting Bitcoin to the company I work for. on: February 08, 2013, 09:57:22 PM
I know not of any such problems.  I don't deal with any exchanges, personally.
1408  Other / Beginners & Help / Re: Presenting Bitcoin to the company I work for. on: February 08, 2013, 09:04:21 PM
Someone (or company) always has to be the first.  Even if their suppliers don't want bitcoins, if they accept online orders for international shipment they would stand to gain from accepting bitcoin as a payment option even if they immediately sell on some currency exchange.  I'm pretty sure that there is a British exchange that you could get more solid data from, but I can't recall their name.

Oh, I found it...

https://intersango.com/about-us.php

You could also call these guys...

https://en.bitcoin.it/wiki/Bitcoin_Consultancy

1409  Other / Beginners & Help / Re: POLL: Which bitcoin client do you use? on: February 08, 2013, 04:02:33 PM
If you are running a Bitcoin business selling goods/services and need to receive Bitcoins, a full client is your only logical choice.
A full client is the only way to verify transactions, check for double spends without having to trust anyone else.


That's not completely accurate, there are several levels of trust.  I use Electrum because it combines the small local footprint of a light client, without the need to trust a third party with my private keys.  Electrum basicly uses a specially designed p2p network overlay to offload the blockchain database to a remote server (stratum server) but it keeps the wallet.dat local, and all transactions are created and signed locally.  While it's true that certain blockchain based deceptions can theoretically be performed against a particular Electrum client, this is far from an easy fraud method, and there is no case of this happening in the wild that we know of.
1410  Bitcoin / Bitcoin Discussion / Re: Satoshi's coins... on: February 08, 2013, 02:37:39 AM
I am curious to find out when the last time any of the coins known to be controlled by Satoshi moved.  If you know of any of his Bitcoin addresses, please post them for our analyzation pleasure.  Wink

It can be assumed that at least the first 100 or so block reward addresses belong to Satoshi.  It's been a while since I bothered to check, but last I checked (IIRC) none of those coins had moved.  Ever.
1411  Other / Beginners & Help / Re: POLL: Which bitcoin client do you use? on: February 08, 2013, 01:44:23 AM
. . . Would a solid majority vote be a reliable endorsement for that particular client?
No.

And does this poll do anything positive for those who have yet to choose a bitcoin client? Would a solid majority vote be a reliable endorsement for that particular client?
No. Especially when in this subforum most people know only the qt client.

Didn't think so.

So then what are your recommendations, and why?

How do you see yourself using it?  Personally, I have BitcoinSpinner on my android smartphone and Electrum on my desktop.  I can't really recommend a full client anymore, the bootstrapping is a huge burden; and we don't really need more full clients anymore.  10K copies distributed across the Internet is enough.
1412  Other / Off-topic / Re: Someone just told me this today... WTF on: February 08, 2013, 01:35:50 AM
Just because they write it off, does not mean it's not a criminal activity.

are you being off-topic intentionally?

or are you accidentally confusing the law (not mentioned in the OP) with morality (mentioned in the OP)?


Dude, just keep reading.
1413  Other / Off-topic / Re: Someone just told me this today... WTF on: February 08, 2013, 01:34:04 AM
Whether or not the victim is actually better off in the long run or not has nothing to do with the buyer's lack of moral convictions.

Of course, we are talking about a teenager in high school.  My own mores were not very solid at that age either.  But knowingly buying stolen property is still a crime

also, whether something is a crime or not ALSO has nothing to do with the buyer's morals or lack thereof.


I intended "crime" in the malum in se sense.  That it's always wrong to knowingly buy stolen property, and it's illegal (or should be) as a reflection of that fact.

http://legal-dictionary.thefreedictionary.com/Malum+in+se
1414  Other / Off-topic / Re: Someone just told me this today... WTF on: February 08, 2013, 01:31:03 AM
He's not defrauding anyone. They just write it off.
https://www.youtube.com/watch?v=rCZRqH7sRyA


Just because they write it off, does not mean it's not a criminal activity.  This is exactly the reason why businesses that accept CC's have to increase their prices buy about 3%, in order to cover the chargeback theft & fraud.  It's just like how shoplifting increases the costs that everyone else pays.

Granted, that's one more reason for Bitcoin uptake, but it's still wrong no matter how you spin it.
1415  Other / Off-topic / Re: Someone just told me this today... WTF on: February 08, 2013, 01:27:57 AM
Whether or not the victim is actually better off in the long run or not has nothing to do with the buyer's lack of moral convictions.

Of course, we are talking about a teenager in high school.  My own mores were not very solid at that age either.  But knowingly buying stolen property is still a crime.  Perhaps you should educate your schoolmate, if possible?

As for all this ;;voteban crap.  This is not a democracy.  No one gets kicked because they express an opinion, even if it's obviously bullsh*t.
1416  Economy / Speculation / Re: I've figured out the bitcoin market on: February 07, 2013, 10:42:46 PM
I have used the scientific method (hypothesis followed by experiment).

It's pretty simple actually: Every time I buy the price goes down. Every time I sell the price goes up. Last night I bought in with half my capital, so we should now see a period of stability Roll Eyes

Every time I start moving money towards bitcoin, the price jumps while I am waiting for my money to get to the exchange.

Okay, lets test my theory. I started a deposit to MtGox today, which means the price should rise between now and Feb 12th (when Dwolla says the transfer should be complete). Current price: 22.08 USD per BTC (45.3 mBTC per USD)

Will edit to show result of experiment.

Use Coinbase, they lock the price you pay, you just can't withdraw the bitcoins until your ACH deposit is complete.  They also take a commision, but if you're concerned about price fluctuation risk, the commision is relatively low.  The last time I bought some coins there, the market value of bitcoins went up more during the delay than the commision.
1417  Bitcoin / Bitcoin Discussion / Re: Is Satoshi actually Richard Stallman? on: February 07, 2013, 03:17:25 PM
Jesus Christ, how have you guys not realized that Satoshi is Gavin Andresen. And Satoshi Nakamoto is just his edgy sounding nickname.

Gavin is not Satoshi.
1418  Other / Beginners & Help / Re: REALLY BITCOIN?!?!? on: February 07, 2013, 04:46:07 AM
I did and they said they can't do nothing.... unless i can find the address

They speak the truth.  There is not much anyone can do for you, whether or not your story is true.
1419  Bitcoin / Bitcoin Discussion / Re: Is Satoshi actually Richard Stallman? on: February 07, 2013, 04:31:44 AM
I thought Bruce Schneier more than Richard...he does have a section on sending money using cryptography in Applied Cryptography.

I actually emailed both Eric Raymond and Bruce Schneider about bitcoin.  IIRC, Eric Raymond denied being Satoshi, yet thought the concept of bitcoin was interesting.  Bruce Schneider merely responded to note that he was aware of bitcoin, but offered no opinion on the system.  This was about two years ago.

BTW, Bruce Schneier did not deny being Satoshi in his response; and as far as I know, has not really commented publicly on Bitcoin except for a couple of minor posts last year to imply that he didn't understand it, which I don't believe.

If Satoshi is any one person, and is already even moderately famous for his existing skillset (and a man, which is also quite an assumption) then Bruce Schneier is still high on my list.
1420  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin not popular in Japan? on: February 05, 2013, 07:48:03 PM
There are several contributing factors here.  First off, Satoshi is almost certainly not a Japanese national.  He might be ethnicly Japanese, but I would question even that.  He originally used British spelling and grammer, and did not suffer from the gramatical quirks of a native Japanese speaker.  Add to that the fact that there were zero translations of the White Paper into Japanese for at least 18 months after it's release, and it's easy to assume that Satoshi isn't a native Japanese speaker.

Furthermore, Bitcoin doesn't really offer much new to the trade culture in Japan.  As a society, they tend to be very cash & local trade biased, and even online shopping isn't (demographicly) as big in Japan as it is in the (much more geographicly diverse) United States.  Sure, they use the Internet to decide what to get, but oftentimes they can order the item online and pick it up at a store within a local travel distance for cash.  Walmart.com uses a similar model.  Even when they do trade electronicly, they actually have more advanced forms of electronic commerce than is presently available in the US or Europe, already having NFC enabled smartphones and such.  In the US, the credit card industry has been secretly resisting moving away from the plastic card model and towards the smartphone app model because they have a huge vested interest in the prior model, while companies like Google have a head start in the latter model.
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