Search content
Sort by

Showing 18 of 18 results by bitterness
Post
Topic
Board Bitcoin Discussion
Re: Faraday Cage / Cold Storage
by
bitterness
on 24/01/2012, 22:57:36 UTC
My question is due to us getting bombarded every 2 days now with CME's coming from the sun,  the next one scheduled to hit earth tomorrow is that something I could be using for promotional stuff?   

You would just make a fool of yourself. Most computer cases are actual faraday cages, if properly grounded (and within there are plenty more, hdds for instance). Not to protect against external radiation but to shield you against EM emission from within the case.

Now "cosmic bombardment". Those very fast protons hit our atmosphere (causing nice looking aurorae) and decay mostly to muons at ground level. Bad news, there is no reasonable way to avoid them. Even if you put your safe deep beyond a mountain, they will get ya.
Post
Topic
Board Bitcoin Discussion
Re: Is there a light-weight bitcoin client for IOS ?
by
bitterness
on 15/11/2011, 09:43:20 UTC
Why would apple reject bitcoin apps?

They want to process all payments issued by i, because that makes them money. But maybe with a whopping fee of 50% they might approve a BTC app someday.
Post
Topic
Board Bitcoin Discussion
Re: Is Satoshi's real identity Trinity grad student Michael Clear?
by
bitterness
on 24/10/2011, 19:38:00 UTC
There's been a lot of posts and threads deleted in the last few days. Is somebody cleaning house. For an example, search Michael Clear, and you'll only find this thread, although there were 2-3 threads related to him at the beginning of the month.

You mean this thread or this for instance? (there are more) What looks like a cs is most likely just the inabillity to build a proper search index.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoins have lost $210,000,000 USD since June 9th 2011
by
bitterness
on 27/09/2011, 20:47:08 UTC
The market is figuring out what these weird things are worth. We know they're worth somewhere between $0 and $1 billion each, right?

I would recommend to express the value in baskets of wheat/rice/potatos, unless you know the future value of the USD. In which case i would appreciate a hint.  Wink
Post
Topic
Board Off-topic
Re: SSL 1.0 broken
by
bitterness
on 20/09/2011, 15:50:36 UTC
It's TLS 1.0 that's broken, not SSL 1.0 ...

Well, SSL 1.0 was broken a long time ago, never use it.


With that in mind are there any browsers about that support TSL 1.1 and/or 1.2?

Yes Opera supports it very well. But this doesnt help you with IIS being the only common used web server with at least wacky and hidden support for it. So basically on the server side coverage tends to be zero.

Of course this may change now.
Post
Topic
Board Bitcoin Discussion
Re: Augustus, we have a problem!
by
bitterness
on 19/08/2011, 20:13:40 UTC
Note vis is a defect noum meaning not all forms do exist.

vis, f.  strength

singular / plural
normative: vis / vires
genitive: - / virium
dative: - / viribus
accusative: vim* / vires
ablative: vi* / viribus
vocative: vis / vires

*will scare those emacs folks, might be a good thing Tongue
Post
Topic
Board Beginners & Help
Re: possible to use up ALL wallet address combinations?
by
bitterness
on 20/07/2011, 10:54:57 UTC
If mankind doesn't restructure the entire human body, it's unlikely our species can survive more than 10^9 years from now on earth. If we don't fuck up everything before, obviously. Just as a side note.
Post
Topic
Board Gambling
Re: Does anyone feel like playing some RaffleBit?
by
bitterness
on 20/07/2011, 10:36:54 UTC
Any anti-randomness-thwarting-scheme can have holes poked in it, but I'm taking the approach of transparency.

Transparent would be, if everyone can reproduce your result. To do so, you could publish your algorithm, use something everyone agrees on as input (for ex. the hash of the next block after all ticket slots are filled) and show all valid tickets.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to change its inflation algorithm?
by
bitterness
on 20/07/2011, 04:32:16 UTC
You know what is the principal difference between inflationary and deflationary currencies? Inflationary currencies facilitate transfer of wealth from children to parents, while deflationary ones facilitate transfer of wealth from parents to children. I, personally, prefer to empower my children instead of robbing them.

I prefer to pass solid investments which ideally helped to improve the world they have to live in or their growing up on to them.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to change its inflation algorithm?
by
bitterness
on 19/07/2011, 08:26:45 UTC
Thus, extremely rapid price inflation is a serious risk to anyone accepting payment in bitcoin.

More so it's the risk of anyone holding significant shares of their assets or get their earnings in Bitcoin. They have to eat at some point, the eventual deflation later on doesnt help.

I know. But isn't the reason for the rapid price inflation that there's simply a lot of coins are being produced right now? Inflation is like 40% per year. This will eventually change, of course, as the 50 coins per 10 minutes become a smaller and smaller part of the total pool (and when the mining payouts get reduced to 25 coins).

Why is it so hard to get, that prices are not just a function of the existing money and even if they would, Bitcoin won't be the only currency on this planet.

Post
Topic
Board Bitcoin Discussion
Re: Machine-detectable way to give a bitcoin address in an HTML page
by
bitterness
on 18/07/2011, 11:28:36 UTC
The goal is to give an URL when/where a bitcoin address is needed, because URLs are generally shorter and easier to memorize than bitcoin addresses.

It's also ridiculous insecure as long as the resolving response is not cryptographically signed. Valid certificate/key management on the other hand is hard to do right and average joe fails at this on a daily basis. (just look at browsers for proof)
Post
Topic
Board Bitcoin Discussion
Re: Targeted Deflation Rate
by
bitterness
on 17/07/2011, 03:42:33 UTC
Also, how do you decide which price inflation indicator to use? What we call price inflation is just the price index issued by the government. But Bitcoin has no government and the price index can be calculated in infinite ways.

Most viable would be imho a theoretical exchange rate against a basket of all major fiat currencies. But if you don't believe in them, that's probably not an option. Historians have a similar problem and afaik they often use a very basic and overall consistent measurement, the price of a cow. Wink
Post
Topic
Board Bitcoin Discussion
Re: The Ponzi scheme argument
by
bitterness
on 17/07/2011, 03:04:01 UTC
ponzi is not practical these days since you get sued and lose everything.

Are you sure? IANAL, but most schemes involve fraud (Madoff's for example, which btw went on for decades), what would make them illegal even without explicit ban.
Post
Topic
Board Beginners & Help
Re: Bitcoin yearly inflation rate?
by
bitterness
on 14/07/2011, 00:58:18 UTC
The inflation rate reflects the rise of general prices, not the number of existing bitcoins. That's something completly different.
Post
Topic
Board Project Development
Re: Native Linux not python Ncurses CPU GPU Miner FundRaiser
by
bitterness
on 13/07/2011, 18:34:02 UTC
You should consider joining Kolivas. I hope i don't sound rude, but his status is already "god like", since his -ck Kernel really was the best Linux Desktop Kernel almost 10 years ago. (mainly because of his awesome work on schedulers)
Post
Topic
Board Beginners & Help
Re: Bitcoin Android Released!
by
bitterness
on 07/07/2011, 07:32:54 UTC
Q: Does It have to download all the blocks when you first start using it or are you accelerating this process somehow?

BitCoinJ offers the option to store only chain headers, which are relevant to your wallet. Highly unlikely they didin't used it.
Post
Topic
Board Beginners & Help
Re: Deepbit nearly at 50%! Change Pool now!
by
bitterness
on 06/07/2011, 19:03:02 UTC
Why would Tycho limit his own income?  He gets 3% of the pool, so bigger is better I would assume.

If the assumption spreads the block chain is compromised, his BTC income will be worthless in notime. And for this to happen, it must not be true. Some short selling jerk could easily throw in fake chains and claim double spending on some of the transactions deepbit validated. Until the mess is cleaned up, BitCoin might be dead anyways.

So unless a pools mission is to destroy trust in BTC, it's absolutely in their interest to never come close to 50% hashing power.
Post
Topic
Board Beginners & Help
Re: Donations... really?
by
bitterness
on 05/07/2011, 22:12:49 UTC
I agree, it's odd. But why? Because easy, direct, electronic, global, micro payments actually don't exist in a world without BitCoin or something similar. Fair enough, there is a bit of excess here.