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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032135 times)
Miz4r
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February 17, 2015, 03:42:02 PM
 #21301

But in general the more responsibility you give away, the more complacent and less adaptable you become.

Wise words. People have become complacent and apathetic due to this and are busy consuming their own culture. Real life news has become a form of entertainment you watch lying on the sofa with a beer in your hand.

Bitcoin = Gold on steroids
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Wekkel
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February 17, 2015, 05:11:49 PM
 #21302

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The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

rocks
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February 17, 2015, 05:22:09 PM
 #21303

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The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.
That's a great quote, where/who is it from?
Adrian-x
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February 17, 2015, 06:01:06 PM
 #21304

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
explorer
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February 17, 2015, 06:21:16 PM
 #21305

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Something must be up.  I guess I'll scrape my $0.07 and BTC0.06 out of there, lest it dissappear  Tongue 
To think I used to hold some coins on there.... what's left for Canadians?
msin
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February 17, 2015, 08:37:27 PM
 #21306

what's left for Canadians?

Maple Syrup
explorer
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February 17, 2015, 08:49:17 PM
 #21307

what's left for Canadians?

Maple Syrup

Excellent.  I'm well stocked.
tabnloz
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February 17, 2015, 09:22:48 PM
 #21308

"The Telegraph’s recent coverage of HSBC amounts to a form of fraud on its readers. It has been placing what it perceives to be the interests of a major international bank above its duty to bring the news to Telegraph readers"

https://www.opendemocracy.net/ourkingdom/peter-oborne/why-i-have-resigned-from-telegraph#.VOOCLwagd5Y.twitter
rocks
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February 17, 2015, 11:56:26 PM
 #21309

so sad:

AT&T charges $29 more for gigabit fiber that doesn’t watch your Web browsing

http://arstechnica.com/business/2015/02/att-charges-29-more-for-gigabit-fiber-that-doesnt-watch-your-web-browsing/
A good VPN is about 5 euros/month.

Take the $29 discount, route 100% of your traffic through a VPN, and you still come out ahead.

but how can you know that the VPN won't watch you?

you pay with bitcoin and it doesnt matter if they watch you. they won't know who "you" are.

^Horrible advice.  The VPN sees your IP, which is exactly what you're trying to obfuscate by using a VPN.

Exactly, in the end if you use a centralized service (such as a VPN) you have to trust that that service is not compromised somehow.

This is why P2P solutions, such as tor or bitcoin, are superior at maintaining anonymous traffic.

For example, with bitcoin if you run a full node, connect to the P2P network and send a transaction directly from your IP address, even if you are connected directly to an attacker trying to determine the source of that transaction they still could not determine your IP as the transaction's source, because your node is most likely a relay node for that transaction.

Now if you keep sending transactions to the the same node, then they could statistically determine your IP as the source. But if your node has a policy to always send new transactions to a different initial peer, then this attack becomes hard to impossible. Tor works the same way, if you route through 3 peers, then as long as one is honest you should (in theory) be fine.

A great application for bitcoin is to provide a funding model for tor P2P relay nodes. WIth bitcoin there can be a market for those willing to pay for anonymous traffic. This is not possible with fiat, because it is easy to trace the source of funds, but bitcoin provides a fully anonymous solution from payment through the end service. So lebing's point on using bitcoin was partially right, you just can't do so with a centralized service.
uki
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February 18, 2015, 12:07:41 AM
 #21310

Gold Collapsing. Bitcoin bottoming.
this time gold got a punch again. If that is BTC-positive, that is another question.

this space is intentionally left blank
marcus_of_augustus
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February 18, 2015, 02:06:20 AM
 #21311

Quote
A great application for bitcoin is to provide a funding model for tor P2P relay nodes. WIth bitcoin there can be a market for those willing to pay for anonymous traffic. This is not possible with fiat, because it is easy to trace the source of funds, but bitcoin provides a fully anonymous solution from payment through the end service. So lebing's point on using bitcoin was partially right, you just can't do so with a centralized service.

This is the logical outcome, eventually there will be no such thing as ISP's, it will back to the truly distributed architecture original envisaged. The medum term outcome has been distorted by the lack of a resource allocation mechanism, i.e. internet money, for the market to correctly price and pay for network traffic, private or otherwise. If the packets encoded their own transport payments within them, so to speak, then the relays do not need this massive out-of-band billing and payment contraption that has globbed onto the internet and created opportunities for all the corpro-facist mahem we witness today, AT&T, WorldCom, ComCast, NSA, Google, etc.

bucktotal
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February 18, 2015, 02:41:34 AM
 #21312

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Something must be up.  I guess I'll scrape my $0.07 and BTC0.06 out of there, lest it dissappear  Tongue 
To think I used to hold some coins on there.... what's left for Canadians?

at first glance this is terrible news. the pre-emptive closing is weird. i had nothing there, so no worries, but i was an avid user for past couple of years. a big whole is left in the market now.

explorer
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February 18, 2015, 03:03:26 AM
 #21313

I was going to post and say thanks for the last 2 quotes, they are awesome, so Thanks, re-quoted for posterity.  

But in general the more responsibility you give away, the more complacent and less adaptable you become.

and
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.

In other news Canadian Bitcoin exchanges dropping like flies, CAvirtex going dark, this time I get a hint at what it's like to have coins on an exchange.

there must be an imminent rally coming on or something Tongue

Something must be up.  I guess I'll scrape my $0.07 and BTC0.06 out of there, lest it dissappear  Tongue 
To think I used to hold some coins on there.... what's left for Canadians?

at first glance this is terrible news. the pre-emptive closing is weird. i had nothing there, so no worries, but i was an avid user for past couple of years. a big whole is left in the market now.



And what will they do with the reams of personal financial information they demanded? 
uki
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February 18, 2015, 12:50:37 PM
 #21314

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The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.
That's a great quote, where/who is it from?
I bump this question, as I am also interested to know who was the author.

this space is intentionally left blank
meh32123
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February 18, 2015, 12:52:32 PM
 #21315

cypherdoc (OP)
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February 18, 2015, 04:55:34 PM
 #21316

up 19.2%.  gold sub 1200:

uki
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February 18, 2015, 05:50:24 PM
 #21317

-snip-
Thanks for the answer and the picture. It goes to my book with quotes.

this space is intentionally left blank
cypherdoc (OP)
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February 18, 2015, 06:12:47 PM
 #21318

what stagnation?

cypherdoc (OP)
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February 18, 2015, 06:15:02 PM
 #21319

Full node FUDsters, please note:  PRUNING

rocks
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February 18, 2015, 06:20:35 PM
 #21320

-snip-
Thanks for the answer and the picture. It goes to my book with quotes.

Yes, thanks for the reference. Will have to check out some of Alvin's work.
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