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21  Economy / Economics / Re: NASDAQ reached a new all-time high this week on: April 26, 2015, 12:27:21 PM
And some people say that there's no inflation...
22  Bitcoin / Bitcoin Discussion / Re: Yet Another Bitcoin Based Philosophical Question on: April 26, 2015, 01:16:02 AM
What about the guy that bought two pizzas for 10,000 BTC?  Should he get most of those BTC back?
23  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 08:00:13 PM
No, it is not.  However, I do have respect for the sheer amount of impressive alumni that have came from MIT.

I mean if your list requirement is within 20 years, not sure what else to tell you.  Just an unbelievable list of human intelligence:

http://en.wikipedia.org/wiki/List_of_Massachusetts_Institute_of_Technology_alumni

It's not the intelligence of the folks at MIT that I question, but their motive.  There's a lot of smart people in the world with bad intentions.  (Not to mention those with good intentions that are "paving the road to hell".)

Where are these guys that have been graduating from MIT over the last 20 years?  Are they working in top secret jobs at the NSA or something?
24  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 07:01:35 PM
Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example.  A brilliant guy that attended MIT, but evil.
Evil people go to all universities and the universities all have one intention which is make money and look good while doing so.

I'm hopeful that something good does come from MIT's involvement in Bitcoin, I just don't assume that it's a guarantee.
25  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 06:55:21 PM
No one "notable" in almost 20 years?

LOL what?  Not sure what you're getting at.

You took one look at this list and that's what you got?  Some of the top minds at Google and Yahoo.  The inventor of Ethernet.  The "Mother of the Internet".  And you're asking for someone notable?

How the fuck did you become a Hero member here?   Tongue

"Notable" is their term, that's why it's in quotes.  I took a look at the list and thought "has it not been updated in 20 years?"

I became a hero member the same way all other hero members did, post count and time elapsed.

Is MIT your alma mater?
26  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 06:46:15 PM
Are you seriously trying to act like MIT isn't one of the best technology universities in the world? I am sorry can you please name me a better university for technology research?

No, it's not the quality of their research or education I'm skeptical of.

Just because MIT is a good university with lots of intelligent faculty and students doesn't mean that they have good intentions.

Ben Bernanke is a perfect example.  A brilliant guy that attended MIT, but evil.
27  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Beta 0.4.0 “Portobello” is released for Linux and OSX on: April 23, 2015, 06:24:27 PM
Does anyone know what language OpenBazaar is written in?

Wouldn't it be advantageous to develop it in something like Java with the Java Virtual Machines and Java byte code making it irrelevant what your platform is?
28  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 06:12:39 PM

It's where all these technologists went also:

http://wiki.mitadmissions.org/Notable_Alumni#Computers

Code:
Computers
Robert Metcalfe '68, inventor of Ethernet and founder, 3COM
Wesley Chan '00, developed Google Voice, Google Toolbar, and Google Analytics
Raymie Stata '90 SM '92 ScD '96, Chief Technology Officer, Yahoo! Inc.
Kenneth Olsen '50 SM '52, founder, Digital Equipment Corporation
Brewster Kahle '82, founder of the Internet Archive and Alexa Internet
Ray Kurzweil '70, inventor of Optical Character Recognition (OCR) and speech-to-text technologies
Jeremy Hylton '94 MEng '96, developed Google Blog Search and Google Real Time Search, published "The Complete Works of William Shakespeare," the first online compilation of Shakespeare
Dan Bricklin '73, co-inventor of Visicalc, the first WYSIWYG PC spreadsheet program
Radia Perlman '73 SM '76 PhD '88, the "Mother of the Internet," computer scientist and network engineer
Steve Kirsch '78 SM '80, inventor of the optical mouse and founder of Infoseek Corporation
Steve Russell '60 SM '62, wrote the first computer game – Spacewar
Alex Rigopulos '92 SM '94, founder of Harmonix Music Systems, developer of Guitar Hero and Rock Band
Megan Smith '86, SM '88, General Manager of Google.org and Vice President of New Business Development for Google
Jeannette Wing '79 MEng '79 PhD '83, Head of Computer Science Department, Carnegie Mellon University

No one "notable" in almost 20 years?
29  Bitcoin / Bitcoin Discussion / Re: Breaking News! Gavin and Bitcoin Core devs join MIT Media Labs on: April 23, 2015, 05:52:10 PM
wot is mit
Massachusetts Institute of Technology, it is the university where the top tier of students go who are training in technology fields.
The Harvard of technology if you will.

It's where this clown got his Ph.D. Undecided

30  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: April 23, 2015, 05:27:15 PM
I'm just surprised all the AM1 bag holders are so silent. AM hash is a big fail, but AM1s mess is the whole reason behind it. Have the bagholders all simply rolled over and accepted defeat? As far as I can tell FC owes AM1 bagholders everything in his wallet. Or does everyone think they can climb out of their hole? (They can't)

What is there to be said?  Choosing to not publicly lament over that which we cannot change does not seem like a character flaw to me.

There really isn't anything more to say.  FC is gone.  The BE300 chip isn't going to be made.  AM has stopped replying to emails.  AMHash1 is gone.  The prisma refunds are non-existent. 

AM is done.

Yep.  Perhaps a mod can close out this thread and lock it.
31  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Beta 0.4.0 “Portobello” is released for Linux and OSX on: April 22, 2015, 06:07:57 PM
Why is there no Windows version?  Makes zero sense to me.

Perhaps security is higher up on their priority list than popularity.
Oh you can't make a secure application on windows? Good thing we don't have wallets on that terrible platform.

I can't but if you can then by all means go for it.  It's an open source project.
32  Bitcoin / Bitcoin Discussion / Re: OpenBazaar Beta 0.4.0 “Portobello” is released for Linux and OSX on: April 22, 2015, 02:12:28 PM
Why is there no Windows version?  Makes zero sense to me.

Perhaps security is higher up on their priority list than popularity.
33  Economy / Services / Re: [OPEN] mBit Casino Signature Campaign April - Earn Over 0.18 BTC Monthly! on: April 21, 2015, 10:14:15 PM
I'd like to join also.

Username: shawshankinmate37927
Member rank: Hero member
Post count: 937
BTC address: 1NdpnHT1feBBHSGVYrhdns9h4rsWxXZhzN
34  Other / Politics & Society / Re: As encryption spreads, U.S. grapples with clash between privacy, security on: April 13, 2015, 03:41:16 AM
Individuals need to have the ability to generate and secure their own keys in order to make the debate about how centralized custodians manage keys irrelevant.
35  Bitcoin / Press / Re: [2015-03-20] Mish's Economic Analysis -Bitcoin vs. Uber: Bitcoin Lovers Respond on: March 21, 2015, 12:26:32 AM
Who? I haven't heard this guy's name being brought up in years. If I remember correctly, he used to try and nip at Peter Schiff's heels back when I still liked the guy.

Yes, this is the guy Peter Schiff went off on a while back.
36  Bitcoin / Bitcoin Discussion / Re: Decentralized exchanges will never work on: March 05, 2015, 06:25:00 AM
Nope.  Dollars and euros can be held in physical form as paper bills and metal coins.  No bank is required for that.

Yes, that would be a decentralized exchange, albeit a rather cumbersome one.

"Decentralized" doesn't mean "zero-risk".  Whether it's cumbersome or imperfect is immaterial.  Using paper bills and metal coins is the only way to implement a fiat-to-crypto/crypto-to-fiat decentralized exchange because it's the only fiat payment method that eliminates the need for an intermediary, avoids counter party risk, and is the one that is most difficult to reverse.  Any fiat payment method involving a financial institution is by definition centralized.
37  Bitcoin / Bitcoin Discussion / Re: Decentralized exchanges will never work on: March 05, 2015, 04:49:16 AM
Well, yes - if your looking for a cryptsy type exchange. Most people here don't like alt's though, and when speaking of exchanges, they mean as a means of moving between fiat currency and BTC. Some people throw out the term "decentralized exchange" thinking that will do away with the risks, but as OP points out, that won't ever be a part of the future... Bitcoin can be held in some decentralized fashion, I"m sure, but dollars and euros, they need to be in bank accounts, and bank accounts need to be tied to individuals.

Nope.  Dollars and euros can be held in physical form as paper bills and metal coins.  No bank is required for that.
38  Bitcoin / Bitcoin Discussion / Re: Decentralized exchanges will never work on: March 01, 2015, 05:01:53 AM
It's probably easier to think of it as a "decentralized order book" rather than a "decentralized exchange".  The currencies would either be exchanged directly between the two parties without a third party being involved or the two parties would have to agree on a trusted third party (escrow) to be an intermediary.
39  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 28, 2015, 02:20:57 AM

I thought that was AM plan from the start too. Except that it never materialized. (except a useless 500kW immersion cooling setup)

Coulda, shoulda, woulda.... Cry
40  Bitcoin / Development & Technical Discussion / Re: How to Create a Bitcoin Receive Address from a Coin Flip on: February 26, 2015, 02:13:51 AM
The NSA got caught putting malware into hard drive firmware which involved insider knowledge and access to manufacture keys.  Do you think it is beyond possibility that they may attempt to introduce weaknesses into the hardware RNGs in one or more newer processors.  How are you going to verify there isn't a weakness in silicon (at 20nm no less) of every processor you own and will ever own.

It's hard to believe there are still people out there that trust their PC's to generate keypairs after the latest revelations.  https://firstlook.org/theintercept/2015/02/17/nsa-kaspersky-equation-group-malware/
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