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1301  Economy / Service Discussion / blockchain.info wallet: attempt of unauthorized login on: July 15, 2013, 02:11:18 PM
Hello All,

I just got an email from blockchain.info asking to confirm a login attempt to my wallet. Attempt happened at night, when I was seeing sweet dreams, so evidently I did not authorize it. Email, however, does not include instructions on what should I do if I did not authorize this login attempt. They mention that I may want to change my wallet alias, but no instructions on how to do it.

I do not worry too much about this wallet, since I have 0 btc in it. Just wander if somebody had similar experience with blockchain wallet, and what is proper to do in this case?
 
1302  Alternate cryptocurrencies / Altcoin Discussion / Re: ripple: let's test it! on: July 14, 2013, 08:51:00 PM
That's a bug and starting Monday, fixing it will be my top priority. (It seems somehow the pathfinding engine selects on order book and the path selection engine checks a different order book to see how much money the path can deliver. I have good logs and reproducible test cases.)

Good to hear this. Good luck in fixing this bug. I had difficulties to trade bitcoins because of it.

1303  Alternate cryptocurrencies / Altcoin Discussion / Re: RippleScam.org is accepting guest posts - post your opinion! on: July 14, 2013, 01:46:43 PM
Ripplescam.org is scam!
1304  Other / Beginners & Help / Re: What is the simplest mean to buy BTC online? on: July 13, 2013, 03:19:54 PM
RIPPLE!

P.S. Yeah, I know that many bitcoiners hate it. Smiley
1305  Other / Off-topic / Re: I jumped in a pool with my phone in my pocket. on: July 12, 2013, 05:41:00 PM
This caused me to lose my Google Authenticator details for inputs and Coinlenders. Sad
It was an iPhone 4, and I'm pretty sure it's a goner. Does anyone have some tips or tricks? (It's already in rice)

Use Motorola Defy next time, looser Smiley
1306  Other / Off-topic / Re: What's worth watching on Netflix? on: July 12, 2013, 03:35:53 PM
I watched several thousands of videos on netflix. The best were "Firefly", "Battlestar Galactica" and "Rome".

Of course, UFC fights are out of competition.
1307  Local / Альтернативные криптовалюты / Re: Ripple on: July 11, 2013, 02:05:35 PM
OpenCoin временами раздаёт риплы. Но в основном не просто так, а за полезную работу. Организаторам рипл-бизнеса, например. Можно шлюз организовать, получить рипплы.
1308  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 05:57:01 PM
You don't understand ripple. Gateways are centralization. It is not like a node in bitcoin

It seems that you don't understand neither ripple nor bitcoin. Ripple gateway is a ripple node with a link to outer world.
1309  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 05:21:05 PM

Local gateway == centralization. 


No, it is not. Mtgox == centralization. Ripple gateway is just a peer which you trust.

Quote
All local gateways must be regulated money transmitters

Not sure about that. Where do you know this from?

Quote
and they then tie your wallet to your ID.   

Yes, same as centralized exchanges like mtgox.

Quote
It is a common interface to many different 'centralized exchanges'.   

To my knowledge, nothing similar to  ripple ever existed before. 

Quote
Remove all regulated & public entities from the ripple system and how would it function?


I don't understand what do you suggest to remove, but ripple functions very well as it is.
1310  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 04:27:23 PM
No future, because it's closed source and centralized...  I see it as kinda Liberty Reserve 2.0 !



you are a dummy ripple is obviously too complex to understand for you

Yeah, many bitcoin hoarders do not understand, how much more beneficial it is to trade bitcoins through ripple, instead of mtgox. This is due to lack of brains perhaps.

Meanwhile, the ripple system is complex to understand, but easy to use. It allows you to buy (or sell) bitcoins from any person in the world without direct connection to this person. You just pay your local currency to your local gateway, and the guy receives his local currency from his local gateway. The system automatically looks for best possible path and does all necessary exchanges. And it works surprisingly well.
1311  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 03:47:31 PM
Ripple is decentralized exchange, closed source though. MtGox is centralized and closed source but doing well by now.
1312  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 01:58:40 AM
You are not moving USD with ripple, you are moving promises to pay USD.  
well, I had $2000 in my bistamp, I withdrew it as ripple usd and sent it to my friend's ripple wallet as rippleusd. He sent ripple usd  to his bitstamp account and can withdraw $2000 to his bank. I call it money moving. it doesn sound like promise to me

It is actually a promise. All money moving is about promises.
1313  Economy / Service Discussion / Re: DO you think RIPPLE HAS A BRIGHT FUTURE ?? on: July 10, 2013, 01:51:12 AM
Ripple is a very well thought money exchange system. Of course, it has a future. How bright it will be, time will tell.
 
1314  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 09, 2013, 10:17:26 PM
When measuring exponential growth, average block size is more useful than total block size. Since 2011, average block size is doubling only once per year.

Its a pity that my disk does not know anything about average block size.

Sorry if I did not make my point clear. I'll elaborate.

We are talking about the sum of a geometric series. However, this sum is not strictly exponential. The formula is proportional to (1−qn)/(1−q), where q is the growth factor in average block size and n is the number of blocks. When n is large, the formula can then be approximated as qn−1. When n is small, however, this approximation is not successful.

Consequently, to predict future block sizes, we must take into account the fact that the future approximation does not currently hold. A better prediction is to use the ratios of q itself, which is the growth factor in average block size.

Regardless the details upon which growth factor depends (you can't predict it precisely anyway), competition between blockchain size and hard drive densities is silly. Waste of resources. Bitcoin blockchain is just quick and dirty solution, and I hope, in the future, a crypto-coin will come out wich solves this problem in more elegant way.
1315  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 09, 2013, 08:30:06 PM
When measuring exponential growth, average block size is more useful than total block size. Since 2011, average block size is doubling only once per year.

Its a pity that my disk does not know anything about average block size.
1316  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 09, 2013, 08:09:11 PM

If blockchain size doubles every half year, and hard drive density doubles every year, I wonder, who will finally win?..
1317  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 09, 2013, 12:15:57 PM
Use a web wallet. Problem solved.
Not for web wallet. With exponentially growing blockchain size, it will become a problem for them very soon.
Of course not: a web wallet would host only a *single* copy of the blockchain for all its users, not one for each of them.


Of course yes. They will need to double their storage every several month. Do not think that it will be for free.
1318  Bitcoin / Bitcoin Discussion / Re: $10m worth of BTC to float on market by Winklevoss bros (of Facebook fame) on: July 09, 2013, 12:10:10 AM
One interesting story came up during the article which was that early on in BTC's history, some guy paid 10,000 BTC for a pizza. Betcha he isn't laughing now.

He did not pay his btc for pizza. He gave them to delivery guy.  Pizza guy got his fiat money. Delivery guy got his 10K btc which were worthless at that time. If he did not waste this btc for gambling, he is probably laughing now.
 
1319  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 08, 2013, 03:19:44 PM
Figure out a way for late adopters to not have to download +8gb of data when they first start Bitcoin-qt.


Use a web wallet. Problem solved.


Not for web wallet. With exponentially growing blockchain size, it will become a problem for them very soon.
 
1320  Bitcoin / Bitcoin Discussion / Re: new feature - bitcoin v.9 on: July 08, 2013, 03:14:57 PM
10 GB block chain size is an issue.  We are only 4 years into the use of bitcoin with relatively low amount of transactions.  Fast forward 10-15 years once bitcoin is main stream, and block size definitely could become a major issue.  It would be nice if a "new" genesis block could be created every 5 years or so.  All the past transactions could be rolled up into an offline archive.  The block chain size also becomes an issue for mobile (phones) devices.  Nobody wants to download a 25-50 GB file before they can use their phone wallet.

Take into account that blockchain size doubled since early this year. If it continues to grow at same rate, in early 2017 it will exceed 1TB, in the middle of 2018 10TB, by the middle of 2020 100TB, etc.

No, this is not an issue at all  Grin
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