Sent 0.075 BTC

Transaction ID:  2cb8d136403bc114b3e45e5509a024e505a395449661b888f09525d75994b7a7

Someone should make up a coin name, start a chat, then see if you get the same canned response.

Sweet!

I'm sure this has probably been mentioned before, but I figured I would mention it anyway.  When selling things on the web (and outside the web), the cost of PCI compliance for software, websites, and small business owners can be prohibitive.  If they used bitcoin instead, they wouldn't have to go through a lengthy, costly (and ongoing costly) compliance with the PCI spec (and would still be inherently safer).

Don't get me wrong, I'm a big proponent of a lot of the PCI spec, but it can be a burden on small businesses.

It would be nice if there was a web site where independent artists could register and people could go there to donate to them in bitcoin (or provide an api to third party sites).  For instance, I heard a song that I thought was good on grooveshark yesterday.  I'm pretty certain that this independent artist isn't being paid royalties by grooveshark.  It would be nice if there was an api grooveshark (or any third party site) could hook into to allow people to give money to the artists.  This would also make the new distribution models more legitimate (maybe we could get rid of or help reduce the pirate misnomer).

Ahh, that makes sense.  Thanks!

Why are the highest volume exchanges for the US dollar?  I would have expected some of the European currency exchanges to be trading at high volumes as well.  Would mtgox USD be at around 4k if it weren't for the high frequency trades?

CPU problem solved for me.  I'm running debian.

More backlash against paypal:  http://techcrunch.com/2011/12/06/paypal-account-freeze/

Can you bet on the outcomes?  It would be cool to have a march madness style pool. 

Has anyone seen this?  https://www.simple.com/    Seems like a bitcoin feature might be a decent fit for a simple new technological bank... 

It would be nice if there was something that let novice bitcoin programmers know if they were doing something (possibly) stupid.  I know, I know, don't hire stupid programmers, but let's step into the real world.  Not everyone is going to be a bitcoin pro from the offset.  There's no need to punish users of a poorly programmed service if we can do something to help these programmers learn...

I understand the level some of you guys are at, but not everyone starts there.

Thanks!  I didn't do the math on the number of discrete units are in a single bitcoin.  I knew it was a lot, but not 210 trillion.

I guess I agree with you guys now, although it doesn't feel right hoping for people to screw up so my coins can be worth more...

There is no validator.  I'm saying it would be nice if there was one for people writing their own software.  It might keep them from making mistakes.  "WARNING:  You're sending coins to a zero address.  Are you sure this is what you intended to do?"  I guess they could write their own though...

I read most of the post as it was very long.

For the most part I agree with you (I hate bloat as much as the next guy).  However, most of the examples you quoted were for things like web servers, HTML, (perhaps I'm missing one).  All of these protocols have no consequences for the entire body of people using these protocols.  If a web server in china screws up, it doesn't affect me at all.  If someone screws up with bitcoin and sends 2 million coins into the darkness, that affects us all.  That can only happen so many times before bitcoin is no longer worth anything to anyone in its current form.  It would be nice to be able to run a message through a validator to get some indication of _major_ screw ups.  This would not have to be part of your script language.

I'm sure this has probably been discussed, so please point me in the direction of those threads if it is true.

What happens if the value of a bitcoin reaches a level where it's easy for an entity to buy a large chunk of them and then send them into oblivion?  Could the system sustain a loss of 5 million coins?  At what percentage loss would the system be unusable?

Also, if we lose just 1/5th of a percent bitcoins per year (due to mistakes and what not) we will lose half the available coins in 210 years. (I hope my math is correct )

Will someone please answer me a stupid question (I'm sorry as I'm not really proficient in the protocol)?  As I understand it mtgox sent a transaction with an obviously invalid protocol message.  Shouldn't messages like this be rejected by the network?  It seems like a large hole to have open, especially if bitcoin becomes very popular and more people start writing (possibly flawed) code to use it.

Or it sounds like the mainline client does validation of the protocol message.  Perhaps this could be broken out into a library that everyone could use to validate the protocol message before it was sent?

I've heard that pool operators shut down the botnet operators' account, so they get DDOSed, but I haven't read that directly from a pool operator.

Why don't the botnet operators simply run their own pool server?

Or maybe they are already and they're trying to run everyone else off so their pool can take more of the pie.

So, it seems like we're losing hash power at a steady rate.  How is this possible?  It seems too steady to be a natural occurrence.  I would have expected large drops with some steady states and not this slow trickle...