Bitcoin Forum
May 22, 2022, 05:27:03 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 »
1  Economy / Web Wallets / Re: - Bitcoin Block explorer & Currency Statistics on: August 19, 2013, 05:39:26 PM
My funds were stolen from online wallet. Only single address affected, so seems wallet has vulnerability in RNG:

is it related to this,, or do you think it's something else?
2  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: July 18, 2013, 12:07:58 PM

SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management.  The total sale price is 126,315 BTC, or 0.00126315 BTC per share.

Just curious, did you receive payment in bitcoins or in some other currency (e.g. USD)?
3  Other / Beginners & Help / Re: Is Linux Ubuntu the most secure OS to store my BTC on? on: June 17, 2013, 09:24:07 PM
Version 12.10 has spyware installed.
Any proof to back up that statement? Anyone trying to distribute spyware in a distro would also need to change a shedload of other software that can detect or report it's activity to have a snowball's chance in hell of getting away with it for more than a few days and any changes of that magnitude would soon be detected through digital fingerprints.

TL:DR Calling BS on that.

Could be referring to this
4  Local / Other languages/locations / Re: Éire on: May 05, 2013, 09:33:34 AM
Don't know any of the people involved but saw this promoted on Twitter.

It's a Bitcoin panel discussion at the 3dCamp (some sort of informal tech conference it seems) at the University of Limerick on Sat May 25th. Won't be going myself but might be of interest to some others here.

5  Bitcoin / Bitcoin Discussion / Re: Ireland and Mexico on: May 01, 2013, 09:50:31 PM
see for some other Irish users.
6  Other / Beginners & Help / Re: Bitcoin Businesses and Developers, Let's Get Started! on: April 17, 2013, 05:38:08 PM
I am a book publisher.

If I would like to offer our first title, a paperback collection of articles about the economic crisis, for sale priced in Bitcoins, how do I do this?

Many thanks,

Mark Griffith

You could sell it on
7  Bitcoin / Bitcoin Discussion / Re: Satoshi's Fortune lower bound is 100M USD on: April 13, 2013, 11:01:09 PM
I've assumed:

1. Satoshi mined almost alone from 1/3/2009 to 1/25/2010 (block 0 to block 36288). This assumption is based on the Total Network Strength
(Mhash/s) that was constant at 7 Mhash/s for this period of time. (check in
If Satoshi mined alone the first 14 days, then he mined almost alone for the rest of the year.

This assumption is at least partly wrong based on what Hal Finney says in this thread:

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test.

I assume Satoshi has many coins but I don't begrudge him any of them. He deserves them but I suspect he is not some one whose main motivation was to become rich.

Also my understanding is that the first block is un-spendable. I think I've read that Satoshi did this as he was the only person who could mine this block so it would be unfair if he could spend it but subsequent blocks were up for grabs by anyone who was mining (admittedly in practice probably only Satoshi and maybe Hal and some other very early adopters).
8  Bitcoin / Press / Re: 2013-04-13 - Bitcoin or bit-con? on: April 13, 2013, 02:04:07 PM
Yeah, pretty decent article.
9  Bitcoin / Press / Re: 2013_04_03 - TWiT.TV - Security Now_398 on: April 13, 2013, 02:02:07 PM
The 123ZYj4MCXiek1btZQ7dE5qGD6hTLHzxRs address and QR code is now on the TWiT homepage.
Scroll down and on the right hand side.
10  Economy / Web Wallets / Re: - Bitcoin Block explorer & Currency Statistics on: April 12, 2013, 11:09:26 PM
Stats for electricity usage may need to be updated
Electricity consumption is estimated based on power consumption of 650 Watts per gigahash
Quote, a site that tracks data on Bitcoin mining, estimates that in just the last 24 hours, miners used about $147,000 of electricity just to run their hardware, assuming an average price of 15 cents per kilowatt hour (a little higher than the U.S. average, lower than some high cost areas like California).

Not a miner, so no expert but probably need to consider FPGAs and ASICs now.
650 W/Ghash is probably from GPUs
FPGAs maybe 50 W/Ghash
ASICs maybe 10 W/Ghash
from my rough estimations looking at some numbers I've seen but open to correction.
No idea what the relative % of the hashing power each type of mining makes up.
11  Local / Other languages/locations / Re: Éire on: April 07, 2013, 11:13:23 PM
Saw this tweet if anyone is interested.
Gavan Reilly (@gavreilly) tweeted at 9:35 PM on Sun, Apr 07, 2013:
On topic of Bitcoin: would love to speak to a holder/user in Ireland for a piece on @thejournal_ie this week/weekend if anyone knows one?
12  Other / Beginners & Help / Re: Bitcoin user friendliness and wallets. on: April 06, 2013, 11:47:05 PM
Maybe have a look at
13  Bitcoin / Press / 2013-04-05 ThisWeekInStartups #E340 Bitcoin segment on: April 06, 2013, 07:58:26 PM
News Roundtable with Henry Blodget and Mike Isaac-TWiST #E340

Jason Calacanis, Kirin Kalia, Henry Blodget and Mike Isaac discuss bitcoin as part of the ThisWeekInStartups show.

-Overview of recent news.
-Jason Calacanis says he has passed on investing in bitcoin startups as he was worried about the possible legal issues.
-Henry Blodget (Buisiness Insider) compares it to the dotcom boom, says very exciting to watch, tells anecdote about watching some big hitters playing a game by passing a "couple of $100k" to each other on their smart phones at a conference in March (not sure if true, but if it is wonder who they are?). Thinks it is impossible to value but could possibly go much higher than $140 or could go to zero.
-Mike Isaac (AllThingsD) says software engineers/developers love bitcoin but thinks it might be a fad.
-Jason Calacanis says what developers love often becomes the default. Sees some signs of more mainstream acceptance. If some big player (e.g. Square, Facebook, Zynga) starts integrating bitcoin sees $1000/BTC.

Also for those who may not have seen it before, here is TWiST #140: Bitcoin, with Gavin Andresen and Amir Taaki from 10 May 2011
14  Bitcoin / Press / Re: 2013-04-02 - RunToGold - Why Michael Pento Should Just Keep His Mouth Shut on: April 02, 2013, 11:14:19 PM
The point is that Trace can write a blog post about bitcoin. It's a rhetorical device rather than something that he expects Michael Pento to pay attention to, and if it does get the attention of Michael Pento and he reconsiders his views on bitcoin, well that's a bonus.
15  Bitcoin / Press / Re: 2013-04-02 - RunToGold - Why Michael Pento Should Just Keep His Mouth Shut on: April 02, 2013, 10:58:06 PM
Trace is not trying to deny Michael Pento his right to speak but just offering him advice along the lines of [quote from article] "it is better to remain quiet and be thought a fool than to open one’s mouth and remove all doubt".
16  Economy / Speculation / Re: Parity watch -> Botswana on: April 02, 2013, 10:36:02 PM
Would someone be so kind to do a similar thread for parity with the market caps of U.S. stocks? I'm waiting for us to equal the market cap of Facebook Cheesy

Some bitcoin price parity with stocks listed on the infographic:
17  Economy / Speculation / Re: Parity watch -> Botswana on: April 02, 2013, 10:29:56 PM
M1 includes pretty much only cash. Money stored in bank accounts is not included.

M1 = bank accounts + cash.

are you sure? I thought it included non-bank deposits, but not bank deposits. Humongeous difference.


Quote from: op-referenced source
This entry, also known as "M1," comprises the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy, measured at a specific point in time. National currency units have been converted to US dollars at the closing exchange rate for the date of the information. Because of exchange rate movements, changes in money stocks measured in national currency units may vary significantly from those shown in US dollars, and caution is urged when making comparisons over time in US dollars. Narrow money consists of more liquid assets than broad money and the assets generally function as a "medium of exchange" for an economy.

Includes demand deposits in banks, doesn't include money owned by financial institutions.
So Joe Soap's (immediately accessible) cash in the bank is counted. ABC Pension Fund's cash is not counted.
18  Economy / Speculation / Re: Parity watch -> Botswana on: April 02, 2013, 08:18:03 PM
I guess it is the later. Not a big surprise considering that Brits were pushed out of every biz except selling their houses to each other.

I think it must be wrong. Compare to other EU countries of similar population (i.e. Italy, France). M1 for Ireland is more than UK even though population is less than 1/10th the size.

$100,900,000,000.00/62 million (rough UK population) leaves just over $1600/person. Seems way too low.

enjoy this thread. sorry to dis-rail it slightly.
19  Economy / Speculation / Re: Parity watch -> Botswana on: April 02, 2013, 08:08:26 PM


M1                 Parity point      Country
$100,900,000,000.00 $9,190.31 United Kingdom

think the CIA figure for UK M1 must be off by a factor of 10 or else UK is even more messed up than I can believe.
20  Bitcoin / Bitcoin Discussion / Re: BTC in CHINA right now on: March 29, 2013, 12:50:15 PM
The recent volume increase on is impressive. Now the 4th largest exchange according to
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!