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341  Bitcoin / Bitcoin Discussion / Re: 1 guy owns a 30th of all the bitcoins in existence!? on: December 10, 2013, 11:35:01 PM
This thread gets more interesting by the minute.  I wonder if Satoshi is scared to come out to the public, or if he/they ever will.  Maybe if bitcoins get super mainstream, he'll come out as a hero of some sort and open his own country with the money he has o_0

Why would Satoshi have to reveal him/her/themselves in order to do this?
342  Bitcoin / Bitcoin Discussion / Re: 1 guy owns a 30th of all the bitcoins in existence!? on: December 10, 2013, 11:33:46 PM
I don't think it's a great thing that there are some people with all these coins, just too much power, but nothing we can do about it, just hope they use them for good.

A large accumulation of bitcoins implies only spending power, and nothing more.  They have no more authority to effect another person's transactions or costs than you do.
343  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: December 10, 2013, 11:31:51 PM
So, I just watched this years Nobel price ceremony on TV, and it struck me that if Bitcoin becomes the revolution some of us think. And if the person(s) behind the name Satoshi Nakamoto can be identified, He/she/they will most likely be awarded the Nobel prize in economics.

Edit: Witch would be rather ironic since that prize was added in 1968 by the Swedish national bank.

Which would be the reason that this is never going to happen.
344  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 10, 2013, 11:30:20 PM
But I think if Satoshi is DPR then Ulbricht is a patsy, and the whole thing doesn't make a lot of sense.

I'm pretty well convienced that Ulbricht was a patsy anyway, and wasn't ever the true DPR anyway.  I've seen no evidence to convince me that Ulbricht was more than a hired administrator.
345  Other / Politics & Society / Re: US health care mandate (Obamacare) on: December 10, 2013, 11:26:46 PM
I don't know, since the US has done this pretty much consistly for 100 years, but we don't have a 'right' to healthcare.
If you pay taxes, why wouldn't you have a right to healthcare?

Taxes are supposed to be for infrastructure and defense, not individual needs.  Do you have a right to food?  Would food insurance, subsidized by your taxes, be a good idea?

Surely a decent health system is infrastructure? 

Verily, however heath care is distinct from health insurance.  The health care system in the United States is, undeniablely, first rate.  The great debate is not about quality of care, or even access to said care, but who gets to pay for that care.  I don't contest that the way this was/is done in (generally) in the United States prior to Obamacare was unjust, unfair and generally 'un-American'; but that doesn't mean that greater socialism (in a society that prizes individual responsibility and merit) is a path to improvement.  Quite the contrary, I would argue that most of that afore mentioned un-American distribution of heath care funding was largely due to the decades of government intrusion into the health care market since WWII.  If you think that single-payer style heath insurance, as can be found in many other former colonies of the British Empire, is somehow more eifficient, more "fair" or more advanced; you are free to believe such things, and free to move there if it matters that much to you.  But the facts don't support your position.
346  Bitcoin / Bitcoin Discussion / Re: Why OFF-CHAIN transactions are not the solution on: December 10, 2013, 11:13:15 PM
The point is that users have a choice; to either manage the security and costs themselves, or contract out to another party.  Currently, consumers using fiat currencies don't have this choice.  Not really, anyway; as all real banks are part of the particular central banking system that they must adhere to.  If it's your central bank that is untrustworthy, it's a real competition among banks that is desired.  Bitcoin can offer that, but it does not garrantee it.
347  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 10, 2013, 04:58:07 AM
what about this scenario? the admins from p2pfoundation where satoshi talks in 2008 1st time about bitcoin. they can check his profile and get the logs-history and get possibles ip.. i am sure for that time satoshi not was thinking in dissapear and he use his REAL ip. so those things can give a IDEA from wich country he connect. city.. etc.... i think that he is only 1 guy not a group. and HE just kill satoshi identity and have another. or severals user on this forum.. and he is already multi millonarie

Nope.  Satoshi was planning on hiding from the get go.  We know this now, for no one is that good at not being found on the Internet without prior planning.
348  Other / Beginners & Help / Re: Buying bitcoin is a pain. on: December 10, 2013, 02:12:44 AM
Head over to localbitcoins.
I promise you that you will surely not be disappointed.

That's not a promise that you can make.  The experience with localbitcoins vendors is likely to vary significantly between regions and vendors.
349  Other / Politics & Society / Re: US health care mandate (Obamacare) on: December 10, 2013, 02:10:04 AM
I don't know, since the US has done this pretty much consistly for 100 years, but we don't have a 'right' to healthcare.
If you pay taxes, why wouldn't you have a right to healthcare?

Taxes are supposed to be for infrastructure and defense, not individual needs.  Do you have a right to food?  Would food insurance, subsidized by your taxes, be a good idea?
350  Bitcoin / Development & Technical Discussion / Re: Is anybody working on pruning on the main client? on: December 09, 2013, 09:32:25 PM
What is on the agenda here, forcing most of the nodes to switch into SPV mode - this is an indirect attack on the decentralization, which is an extremely important property of this currency and a major factor in its market value.

You can pretend having a good intentions, but your objective is clearly hostile.

Bitcoin was never intended to run on every user's machine.  Absolute decentralization isn't a requirement, and it's long been expected that Bitcoin will scale as much as it needs to scale, and will naturally centralize as much as it needs to do accomplish that scaling.  That said, SPV mode & pruning are both among the early plans to reduce the need for this as much as is reasonable.  There is no doubt that the whole blockchain will persist somewhere, and that this is more likely to be done by an institution for many reasons. 
351  Other / Politics & Society / Re: US health care mandate (Obamacare) on: December 09, 2013, 09:23:23 PM
lol what sort of fucked up country doesn't provide healthcare for the poor and sick?

I don't know, since the US has done this pretty much consistly for 100 years, but we don't have a 'right' to healthcare.
352  Bitcoin / Bitcoin Discussion / Re: Bitcoin "bumper sticker" mottos on: December 09, 2013, 03:31:31 PM
Oooh, I love this. Hope nobody minds if I do make a sticker or two out of these.

Dude, that is literally the point.
353  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 09, 2013, 02:51:05 PM
Who is John Galt?

An electrical engineer, reportedly.
354  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 08, 2013, 02:19:42 PM

Interesting. That IP address wouldn't be 192.168.0.1 per chance?

No, its not that one.

It was a trick question, the entire set of addresses that start with 192.168.x.x are part of a reserved block of addresses for a class C intranet.  There are no Internet providers that use that subnet.
355  Bitcoin / Bitcoin Discussion / Re: Bitcoin decentrilization myth on: December 08, 2013, 02:11:22 PM
There is no minimum amount of hashes that one needs to produce to contribute to Bitcoin mining. It's totally parallelizable.

Nobody is going to run a machine for a few cents or dollars, or run at a lose of electricity cost. Even if they run a small unit just to sort the network,  their 10gh is nothing compared to THs and PHs large miners will deploy so end of the day, your small miner becomes smaller and smaller share of the network.



I'm doing it right now, because I need heat in my basement anyway, and electric service is 7.5 cents per KWH where I live.  That's about the same as the cost of propane, which is my other choice.  So why not, since I have the rig?

Can't compare us to the rest of the population, who will never run a miner.


We don't need everyone to run miners.

Quote
Secondly you running that 1 rig doesnt matter. As the network grows your share of the network decreases for people to keep it decentralized they need to keep adding hash as the network grows. The big guys will keep getting bigger while the small will get smaller.


So?  Do you think that wasn't foreseen?

EDIT: When we say that Bitcoin is decentralized, we mean that the network has no 'center'.  There is no node with more authority than others.  Massive mining centers could be shut down by fedco, but so what?
356  Bitcoin / Bitcoin Discussion / Re: Bitcoin decentrilization myth on: December 08, 2013, 05:43:22 AM
There is no minimum amount of hashes that one needs to produce to contribute to Bitcoin mining. It's totally parallelizable.

Nobody is going to run a machine for a few cents or dollars, or run at a lose of electricity cost. Even if they run a small unit just to sort the network,  their 10gh is nothing compared to THs and PHs large miners will deploy so end of the day, your small miner becomes smaller and smaller share of the network.



I'm doing it right now, because I need heat in my basement anyway, and electric service is 7.5 cents per KWH where I live.  That's about the same as the cost of propane, which is my other choice.  So why not, since I have the rig?
357  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 08, 2013, 05:38:37 AM

Cryptocurrency and its derivatives are out of the bag now. First nation state to claim the lion's share in its control will benefit handsomely, just as those who took the lion's share in taming and keeping tabs on good part of the internet has profited from that venture.


Then it's China, because the US government doesn't stand to benefit regardless, since it will lose the trade advantages that come with being the one entity that can issue the international reserve currency.
358  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 08, 2013, 03:39:03 AM
Satoshi is from the UK and I think I know where he lives, here are the reasons why:

The first American settlers stuck two fingers up at the British establishment by removing silent letters from perfectly good words. So I still have to keep changing the default spell check language in Word from American English to British English. Microsoft have no incentive for fixing this problem, so it's something you have to get used to doing every now and then.

That's what got me thinking about Satoshi's country of origin. His/Her/Their 2009 paper uses the word 'favour' and not 'fovor'.

The original p2p network, now the internet, well that was Sir Tim Berners Lee, another Brit. So p2p at the game changing level is something of a national sport.

But then there are the actors in the software scenario testing and development - Alice and Bob. Typical British names, but we are still light years away from a smoking gun. But who in Japan uses Alice and Bob when trying to figure out the bad actors out there and how they might try and attack Bitcoin code? That strikes a blow for Japan being the mother of bitcoin invention.

Then there is the first IP address used to send a bitcoin transaction. Yes BTC was first seen as involving the movement of value over IP.

Alice was sent 9.95 of something at 11.45pm on 3 January 2009 (American's use January 3, 2009, so not a Yank) by Bob for order #12345. Her IP address started with 192.168........ I could tell you the rest, but then I would have to kill you. It seems that this early use IP address is still in use somewhere in England (i.e. Not Scotland, Wales, Northern Ireland), but this time by a little chap who likes gaming and has created a server for his friends with this address.

Now the IP address could indeed be random. But if you are alpha testing, you might want to check that transactions are working, so would you use a random address, in a system originally designed to use IP addresses as well as block codes? Was the advent of anonymity a later step in the original development process?

Or, did Satoshi have a little kid who is now a teenage gaming geek? Maybe, the property with this IP address is owned by a different family.

Either way, my bet is that Satoshi is English, as many others have pointed out based on times of posts and use of grammar.

This would indeed make sense, all the great inventors are from the UK (let the abuse begin Grin), its something to do with the water.


Interesting. That IP address wouldn't be 192.168.0.1 per chance?  Because that is the default internal address mask number for almost every wifi router in the world, and just means that Satoshi was testing out the Send-to-IP function on an internal network, or even within his own GNU/Linux machine. 
359  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: December 07, 2013, 07:40:00 AM
Go to mtgox and you will find Nakamoto.

The top bitcoin exchanger is in Japan and a japanese man created bitcoin

Go there and you will find him

You, literally, have no idea of what you speak.
360  Bitcoin / Development & Technical Discussion / Re: Is anybody working on pruning on the main client? on: December 07, 2013, 02:03:20 AM
Other than that supposedly bitcoind already can prune, but it is not really exposed out of fear that there might be too many people actually doing it which would hurt chain distribution.

Can you point me to more details about this?  I'm having trouble finding it with the search functions.
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