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Showing 20 of 134 results by christop
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Topic
Board Mining (Altcoins)
Re: [ANN][LTC][Pool][PPLNS][STRATUM] - ltc.kattare.com - burnside's Mining Pool
by
christop
on 18/12/2013, 22:15:41 UTC
Still getting error json_rpc_call failed

Anybody else?
Same here for the last 24 hours or more. (I'm getting the error "HTTP request failed: Failed connect to ltc.kattare.com:9332; No error".)
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Topic
Board Altcoin Discussion
Re: It's going to be cute when bitcoin shatters and gets destroyed
by
christop
on 19/11/2013, 22:48:57 UTC
Yeah lets hang around here for 6 months, and create something totally new just to scam you guys...seriously...if the goal was to scam I could of done that back in May with all the Alt Coin surge.

I guess instead of using common logic its just much easier to point fingers and form wild accusations.
The burden of proof (that your software is not just a scam) is on you. Your assurances that it's not a scam can in no way be considered proof. Perhaps the simplest way to prove it is to release the source code (which must be buildable by those receiving it). If you can think of another way to prove it, go ahead. Until then, don't expect anyone on this forum to just blindly run your software.
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Topic
Board Bitcoin Technical Support
Re: confused about offline paper wallet
by
christop
on 19/11/2013, 22:33:08 UTC
How did you generate your paper wallet? And what do you mean by "accessible on the Blockchain"? Do you mean you see transactions being sent to your paper wallet?
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Topic
Board Beginners & Help
Re: My `psychic` neighbor says BTC will hit $4,286 USD...
by
christop
on 18/11/2013, 05:11:57 UTC
What's stopping you from buying a smaller portion of a Bitcoin? You can buy a fraction of a Bitcoin, you know....

I also doubt the price will go below $200 again.
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Topic
Board Speculation
Re: Guess the weekend low (16-17/11/2013) 0.1bitcoin prize
by
christop
on 16/11/2013, 01:47:20 UTC
402.7183
1sockzDWcF8mrC59CgiN7HAJm6xL7TiRW
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Topic
Board Trading Discussion
Re: Real Time Charting, Order Book, and Time & Sales
by
christop
on 17/04/2013, 19:44:13 UTC
Clark,

The vertical wheel scrolling to zoom in and out on the chart is backwards in Firefox. Chrome and (ew) IE zoom in while scrolling up, but Firefox zooms out while scrolling up. This is because Firefox treats wheel up as a negative amount in the "originalEvent.detail" variable, while other browsers treat wheel up as a positive amount in the "originalEvent.wheelDelta" variable.

The DOMMouseScroll function in your JavaScript sets originalEvent.wheelData to originalEvent.detail multiplied by 60 on Firefox, but it should actually multiply it by negative 60.

Other than that, your chart looks nice and works pretty well.
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Topic
Board Altcoin Discussion
Re: Bitcoin 2.0
by
christop
on 13/04/2013, 15:10:45 UTC
They're stealing miners hard earned BTC's very subtly. Thats it.
The manipulators are stealing bitcoins from the miners, who have chosen to sell their bitcoins on an exchange at an agreed-upon rate? Should we ban silver market speculators from trading in fiat too? They're crashing the price of silver all the time! (Of course, the price of silver, like bitcoin, has been in an upward trend in the long run, despite these short-term "crashes".)

You still haven't answered the key question about this type of regulation: who will enforce it?
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Board Beginners & Help
Re: Dont Use Bitfloor!!!
by
christop
on 13/04/2013, 14:26:43 UTC
Pics or it didn't happen (post a screenshot of your trade history).

Their fees are plainly listed on the site as 0.4% (taker) and -0.1% (maker). There is a small fee of 1-4% to deposit cash into the account, which would be no more than $200 to deposit $5000 in cash.

Also the buy price is determined by the buyers and sellers on Bitfloor. So the sell price is equally as high. And the price is not always higher than other exchanges--it's usually only about 1 to 2% higher than MtGox but sometimes is actually lower (BTCE-E is usually the lowest that I've seen, but its user interface is not very nice).
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Topic
Board Altcoin Discussion
Re: Bitcoin 2.0
by
christop
on 12/04/2013, 19:14:19 UTC
Banning all fiat money to exhange BTC or other cryptocurrency is the safest way to remove bitcoin manipulators. As long as you allow trading fiat money to BTC, you simply invite all sharks, wolves into a dinner with all lambs perfectly located. Just remove the fiat from all BTC ecosystem, problem disappears almost instantly.
So you want regulation? Who will enforce such a ban?
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Topic
Board Beginners & Help
Re: Why not crack addresses instead of finding nonces?
by
christop
on 12/04/2013, 17:20:59 UTC
The search for nonces changes every 10 minutes.  An address with a lot of coin might be in cold storage and you might be able to search for months uninterrupted and your reward might be very high.
It's about 3,513,612,269,993,879,528,303,320,959,297,632,275,254,396,583,673,016,120,886,766 times harder to crack an address than to find a nonce that mines a block. Given that mining a block yields 25 bitcoins and cracking an address yields at most 21,000,000 that means that even if you crack the address that holds every single bitcoin that will ever exist, it's still 4,182,871,749,992,713,724,170,620,189,640,038,422,921,900,694,848,828,715 times worse than finding a nonce.
Ok, what calculator do you use for those huge numbers that doesn't auto-convert to scientific notation?
bc
http://www.gnu.org/software/bc/

<3 bc
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Topic
Board Altcoin Discussion
Re: Bitcoin 2.0
by
christop
on 11/04/2013, 23:41:30 UTC
It seems pretty obvious we need a new coin with a fixed conversion rate that can only be traded between individuals & businesses. How else can we stop hackers, governments or wall street from f**king everything up?

Already launched 12 days ago. Google "Bytecoin".
Bytecoin is fundamentally the same as Bitcoin. The only differences are the address format (to avoid confusion with Bitcoin addresses) and the block chain. Its conversion rate is not fundamentally fixed to any other currency or commodity, and if it ever sees adoption anywhere near Bitcoin's or another alternative cryptocurrency's level of adoption, exchanges will start to support it.

Troll harder, please.
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Topic
Board Economics
Re: The Main Problem With Bitcoin
by
christop
on 11/04/2013, 16:53:49 UTC
The fact that there is already a LOT of money invested into this one. People are already skeptical about cryptocurrencies. This one busting will prolly kill the concept for good at least for ones who put in their time/money.

Nonesense. Everything that makes bitcoin useful has nothing to do with the price of bitcoin. Ease of transactions, fixed supply, relative anonymity, the ability to store value out of the reach of governments, ect. It isn't an investment vehicle designed to make people rich.

As for the OP, competition isn't a problem for bitcoin. Because again, what difference does it make if the price is $5 or $5,000 a coin? The only thing that changes is the number of coin's used to make a particular transaction.

But isn't the problem that it is a deflationary currency. I mean, if you know that the value of your coins in USD terms will be worth more tomorrow than today, why would you exchange them for anything?

Doesn't it always just lead to hoarding?
Why would anyone buy a consumer electronics gadget (TV, computer, camera, etc) today when they know that it'll cost less and have more features tomorrow? Plus it will almost certainly depreciate in value faster than the currency used to buy it.
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Topic
Board Economics
Re: The Main Problem With Bitcoin
by
christop
on 11/04/2013, 15:28:20 UTC
I'll give you an analogy:

Microsoft were the biggest tech company for a while because they were the first to introduce the PC.

Bitcoin is the first cryptocurrency so everyone jumps on board.

But then Apple came along and innovated its way to a higher market cap than Microsoft.

Some alt currency will come along, and people will want to jump in early to catch the rise up and you'd just end up with heaps of different alt cryptocurrencies popping up everyday all driven by the desire of their creators to essentially make money out of thin air.



IBM introduced the IBM PC. Other PCs (Personal Computers) existed on the market for years before the IBM PC was even designed. Microsoft just made a big business deal with IBM and rode along its success. Microsoft didn't even write the OS (MS-DOS) that they licensed to IBM. They didn't make the first graphical windowing system either--Xerox, Apple, MIT, and others came before them. Microsoft has been late to the party with most of its so-called "innovations", so your analogy is flawed.
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Board Economics
Re: How sustainable is Bitcoin
by
christop
on 10/04/2013, 18:13:07 UTC
Take the extreme case of where there is only a single Satoshi left in circulation, at that point the currency will no longer be accepted in any transaction as it is of no use to anyone.  In fact, take it one step further, what happens when all BTCs are lost?
Long before there is only one Satoshi in circulation, the protocol will (hopefully) be extended to permit more divisibility.
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Topic
Board Economics
Re: How sustainable is Bitcoin
by
christop
on 10/04/2013, 17:13:14 UTC
That's why a traditional currency is not susceptible to this while bitcoin is.  Because of this, at some point the scarcity of bitcoin will reach such a point that they loose all their value as so few people will have them that they have no value for exchange.
I think you don't understand how supply and demand work. If demand stays constant while supply decreases, prices go up, not down.

Also, the opposite of "gain" is "lose". The opposite of "tight" is "loose".
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Topic
Board Economics
Re: IRS to come after people for selling Bitcoins
by
christop
on 10/04/2013, 15:21:24 UTC
'Tis no different than reporting and paying taxes for other types of capital gains, such as stocks and precious metals.
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Topic
Board Speculation
Re: When will the bubble bubble pop?
by
christop
on 10/04/2013, 15:14:37 UTC
Bubble Bubble Bubble Pop!
Bubble Bubble Pop! Pop!
http://www.youtube.com/watch?v=bw9CALKOvAI
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Topic
Board Beginners & Help
Re: [CLOSED]Free 1$ worth of bitcoins for new members.
by
christop
on 10/04/2013, 03:09:05 UTC
you can bid on my air guitar if you want. https://www.bitmit.net/en/item/24669-air-guitar
Lolwut? I have plenty of air guitars already, thankyouverymuch. Cheesy
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Topic
Board Beginners & Help
Re: [CLOSED]Free 1$ worth of bitcoins for new members.
by
christop
on 10/04/2013, 03:05:44 UTC
Maybe in a year this $1 in BTC will be worth $10, or possibly $100. Nice. Thanks again.
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Topic
Board Politics & Society
Re: "ObamaPhone Lady" now thinks Obama was a Scam
by
christop
on 10/04/2013, 02:16:36 UTC
PS Mormons are great preppers.  They open their food canning centers to the rest of the public too.  How nice of them!
They are. Have you asked one why, though? The answer should be enlightening.
Oh. My. Goodness. A religion teaching self-reliance and preparedness‽ It boggles the mind!

What's next—Boy Scouts of America teaching self-reliance and preparedness? OH NO! THEY ALREADY DO! What is this world coming to‽‽