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poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
pear-to-pear cryptoberries

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divabot
Jun 17, 2015

A polite little mouse!

Robawesome posted:

Possible scammers on Mycelium local trader. (self.Bitcoin)

I am shocked, shocked

Carthag Tuek
Oct 15, 2005

Tider skal komme,
tider skal henrulle,
slægt skal følge slægters gang



anthonypants posted:

he is. i was thinking some sort of catholic pope-king but i'm sure there's a better name for it

hed probably like an irl psychopomp

Heresiarch
Oct 6, 2005

Literature is not exhaustible, for the sufficient and simple reason that no single book is. A book is not an isolated being: it is a relationship, an axis of innumerable relationships.

anthonypants posted:

he is. i was thinking some sort of catholic pope-king but i'm sure there's a better name for it

with papal supremacy you don't need such a thing, the pope gets to order kings around already so afaik there's no term for it

i would love to be corrected because i loving love obscure terms for religious leaders (guess why)

Carthag Tuek
Oct 15, 2005

Tider skal komme,
tider skal henrulle,
slægt skal følge slægters gang



all hail Archihegemon Lvcas Ivnior I

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.

McGlockenshire posted:

the bitcoin.org site is on github, and this pull request made the front page of HN: Remove Mentions Of Low Fees And Instant Transactions
https://www.reddit.com/r/Bitcoin/comments/3ee81e/bitcoinorg_pull_request_to_remove_mentions_of_low/
Thank you for bringing this pond scum to our attention


also a guy says to fix this bitcoin development should be handed off to the IETF lol

Munin
Nov 14, 2004


Just to briefly go back to the music thing. Yet another thing that would stop it from working is that the rights holders do not want a centralised register of copyrighted works. They have been lobbying against that very thing for decades for a multitude of reasons.

surebet
Jan 10, 2013

avatar
specialist


this is why nerds shouldn't be in charge of marketing

quote:

luke-jr added a note 8 hours ago
"Instant transfers" + "Irreversible in hours instead of days"?

petertodd added a note 8 hours ago
@luke-jr That kind of wording sounds reasonable.

Similarly, saying things like "payments in 10 minutes" is pretty close to the truth already - "irreversible payments in under an hour" for instance would be quite accurate.

as a rational human being purchasing things on the internet, the idea that my payment becomes irreversible in a matter of hours instead of 6 months w/ paypal, credit cards or whatevs is appealing because

also, being offered an alternative to my current online payment methods which may take up to a few seconds to clear consisting of waiting 10 minutes is great since

quote:

luke-jr commented on the diff 10 hours ago
quotemaxkeiser: "It's the cheapest way to move money around."

Is something cheaper now?

thesoftwarejedi added a note 6 hours ago
Nothing is cheaper. 0 fee will go through with a possible delay.

mjamin added a note 6 hours ago
Possibly an impractically long delay.

flound1129 added a note 3 hours ago
| Is something cheaper now?
Other than every alt?

dogecoin supremacy 2015

quote:

Introshine added a note 6 hours ago
| Low or zero processing fees
This is somewhat misleading, but there's a core of truth in it. I suggest changing it to:

| Low, negational processing fees.
Because up to the latest block, fees are low (cents) but not "Free". Also, it's market driven as the miners decide what's fair - hence negational.

negational?

quote:

ne·ga·tion (nĭ-gā′shən)
n.
1. The act or process of negating.
2. A denial, contradiction, or negative statement.
3. The opposite or absence of something regarded as actual, positive, or affirmative.

quote:

thesoftwarejedi commented 6 hours ago
I disagree with @petertodd and the quick to ACK crowd. I bought coffee today instantly using bitcoin. That is a fact. The transactions are instant. Why change this wording at all?

Cash transactions are instant too, but the risk exists that the cashier will be robbed before they get that money into a bank. We don't therefore say that cash transactions aren't instant.

nnngh

Heresiarch
Oct 6, 2005

Literature is not exhaustible, for the sufficient and simple reason that no single book is. A book is not an isolated being: it is a relationship, an axis of innumerable relationships.
"thesoftwarejedi"

i can already smell how punchable this man's face is

indigi
Jul 20, 2004

how can we not talk about family
when family's all that we got?

big scary monsters posted:

i used to live with a fish vet who was a drug rep for commercial breeders, and when he got sick he just took fish drugs from his samples. antibiotics, painkillers, whatever. he said he it was all the same stuff under different brand names

this in the uk too so it's not like he couldn't afford to go see a doctor

I have a friend who was sober for 15 years until his dog had some sort of problem



then he became addicted to dog vicodin

JamesieAB
Nov 5, 2005
re https://www.reddit.com/r/Bitcoin/comments/3ee81e/bitcoinorg_pull_request_to_remove_mentions_of_low/

quote:

[–]jjolla888 2 points 2 hours ago
noob here - but what do you mean by "fast" ? doesnt it take 6x10 minutes to confirm a transaction ?

quote:

[–]Explodicle 1 point an hour ago
It's usually ~10 minutes for each confirmation, and after 6 confirmations you can assume it's completely safe. This is compared to credit cards that take weeks to confirm.

I hope this a troll, where do credit cards take weeks to confirm? The 50's?

amishjosh
Jul 16, 2004
Yeah

anthonypants posted:

he is. i was thinking some sort of catholic pope-king but i'm sure there's a better name for it

the holy buttcoin emperor

Joementum
May 23, 2004

jesus christ
WashPo tech reporter eats breakfast at diner, actually sees people using a Bitcoin ATM.

https://twitter.com/b_fung/status/624538358820261888
https://twitter.com/b_fung/status/624546905876484096


divabot
Jun 17, 2015

A polite little mouse!

Munin posted:

Just to briefly go back to the music thing. Yet another thing that would stop it from working is that the rights holders do not want a centralised register of copyrighted works. They have been lobbying against that very thing for decades for a multitude of reasons.

Got any details on that? What are you thinking of? The US Copyright Office exists, but you're right that Berne Convention is all you need for e.g. a DMCA.

Mastodon Henley
Aug 12, 2003

So... how's your girl?

Munin posted:

Just to briefly go back to the music thing. Yet another thing that would stop it from working is that the rights holders do not want a centralised register of copyrighted works. They have been lobbying against that very thing for decades for a multitude of reasons.

that's what ascap, bmi, sesac, et al already accomplish on the performance rights side anyway. plus it took a day past forever for ascap and bmi to develop rapidcue (cue sheet management for tv/film primarily for the U.S.; it's the standard but not the only) and there's no way they're ever going to let butts be involved in that process at all

hobbesmaster
Jan 28, 2008


I hope this a troll, where do credit cards take weeks to confirm? The 50's?
[/quote]

since buttcoiners are a bunch of scammers they define "confirm" as "can no longer be reversed" and that case for credit cards is effectively 6 months or a year or something

likewise checks "take" 14 or 21 weeks to "clear"

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.
The stock market but with bitcoin.

https://np.reddit.com/r/Bitcoin/comments/3ebwtk/nasdaq_expects_to_be_first_exchange_using_bitcoin

quote:

[–]calaber24p 54 points 23 hours ago

I met someone the other night that is interning for Nasdaq in the venture capital division and she was telling me that she can't go a day without someone mentioning bitcoin. She said its a really hot topic there and that people are very excited for its implementations.

[–]merreborn 4 points 20 hours ago

you cant use the blockchain at all without the currency

You can use a blockchain without using bitcoin. That's basically the definition of "altcoin".


...


[–]BitttBurger 2 points 22 hours ago

Exactly. This is why you don't have programmers (core devs or even Chinese miners) making decisions on product development. This is exactly why. Because they are not out in the field. They don't have any interaction with NASDAQ. They don't know what this product needs to be able to do. Therefore they should not be the ones holding the keys to enhancements, nor making the decisions on whether they happen. I've been saying this for months. And here's a real world case as to why.

[–]thieflar 0 points 22 hours ago

It sounds like you're just uninformed. It's ok, do some more research.

...

[–]Huntred 1 point 21 hours ago

But yeah, if you want to try predicting the specifics, no one's going to stop you. They're just not relevant to NASDAQ, really, at all.

This sounds insulting and I'm not trying to do that, but from what all I know about how the financial industry, I have to say that one of us does not understand how (or if) they obsess over the future and despise unknowns. It's not enough for them to be told "Oh, Bitcoin will survive..." and hinge a major initiative on it without specifics as to where Bitcoin is going in the next few quarters.

But hey - maybe they will launch this out on the open network and it will work out. I certainly hope it does - but it would be surprising to me.



[–]thieflar 0 points 21 hours ago

This sounds insulting and I'm not trying to do that, but from what all I know about how the financial industry, I have to say that one of us does not understand how (or if) they obsess over the future and despise unknowns. It's not enough for them to be told "Oh, the dollar will survive..." and hinge a major initiative on it without specifics as to where the dollar is going in the next few quarters.

Do you see what I did there? They aren't able to predict the specifics of the United States dollar, but they still use it just fine. I don't want to say that your argument here is outright stupid, but there aren't many other adjectives that do it justice.


[–]Huntred 2 points 21 hours ago

Come on, my friend. The dollar has its ups and downs but it definitely has at least a track record that's seen some pretty powerful impacts including wars, disasters, and much more over a century. Bitcoin...not so much. For as pro-Bitcoin as this news sounds, it's not displacing the role of the dollar in NASDAQ one little bit.

All I am saying is that Bitcoin is a fantastic multi-tool that could certainly be used to address what NASDAQ has, which is if I may, a "phillips screw problem". However it may be the case that NASDAQ is better off setting up their own phillips screwdriver to use against their problem rather than relying on an uncertain multi-tool.

...

[–]Huntred 1 point 22 hours ago

With all the participants being known actors - basically businesses who are in this system to act under good faith - identifying who was screwing around within the system in any context would be much easier. When miners #3, #6, and #8 have names, companies, and contractual obligations behind them, it is a lot harder for them to form a bloc without eyebrows being raised and phone calls being made.


[–]thieflar 3 points 21 hours ago

Oh, so you're saying they should just use a federated database, and don't need a blockchain at all.

...except you haven't realized this yet.

[–]Chistown 1 point 20 hours ago

Bitcoin blockchain removes this bureaucracy, your suggestion does not. NASDAQ has a goal of making things run smoother... Which one will they go for I wonder!!

Sweevo
Nov 8, 2007

i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

- credit card fees are >30%
- anyone dealing with credit cards will lose half their profits to chargebacks
- it takes 3-5 days for a transaction to show up on your statement because the transaction took 3-5 days to process

these are all things bitcoiners believe

Dixie Cretin Seaman
Jan 22, 2008

all hat and one catte
Hot Rope Guy
is there a sociological term for when an echo-chamber transforms into a decentralized cult

Silver Alicorn
Mar 30, 2008

𝓪 𝓻𝓮𝓭 𝓹𝓪𝓷𝓭𝓪 𝓲𝓼 𝓪 𝓬𝓾𝓻𝓲𝓸𝓾𝓼 𝓼𝓸𝓻𝓽 𝓸𝓯 𝓬𝓻𝓮𝓪𝓽𝓾𝓻𝓮

i'm the bartender

no, I don't know what's wrong with my pants either

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost

Dixie Cretin Seaman posted:

is there a sociological term for when an echo-chamber transforms into a decentralized cult

d&d

big scary monsters
Sep 2, 2011

-~Skullwave~-

indigi posted:

I have a friend who was sober for 15 years until his dog had some sort of problem



then he became addicted to dog vicodin

for when :catdrugs: just aren't doing it any more

Munin
Nov 14, 2004


divabot posted:

Got any details on that? What are you thinking of? The US Copyright Office exists, but you're right that Berne Convention is all you need for e.g. a DMCA.

I was going to go off on a big thing about how the Berne Convention forbids the inclusion of a registration requirement in the copyright laws of signatories and the various issues that arise from that if you want to build an automated system to find copyright holders and give them money but instead I'll just say:

lol @ Collection societies... but now with Bitcoin!

mod saas
May 4, 2004

Grimey Drawer

indigi posted:

I have a friend who was sober for 15 years until his dog had some sort of problem



then he became addicted to dog vicodin

chill out your fatass dog with dog vicodin

duTrieux.
Oct 9, 2003

Silver Alicorn posted:

i'm the bartender

no, I don't know what's wrong with my pants either

look at the stitching on the side in the second panel

i think he was trying to draw tight leather pants but hosed up because he focused too much on the butt crack?

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost

Silver Alicorn posted:

i'm the bartender

no, I don't know what's wrong with my pants either

i'm the tattoo that looks like something a bird left on the hood of my car

anthonypants
May 6, 2007

by Nyc_Tattoo
Dinosaur Gum

ayn rand hand job posted:

i'm the tattoo that looks like something a bird left on the hood of my car
you really should get that looked at

trucutru
Jul 9, 2003

by Fluffdaddy
did anybody post this one yet?

quote:

Bitcoinopoly 3 points 15 hours ago

"Low fees" is completely honest. Arguing that transactions aren't instant is a matter of semantics. I'm open to calling them "fast transactions" instead, but when something happens with a second or two delay, like my transaction being processed by Bitpay, then I don't think calling it instant is misleading. Nothing ever happens instantly without tearing a hole in space-time. When you instantly hit the steering wheel column in a car crash it happens in a fraction of a second but we always refer to such events as instant. To argue we should remove "low fees" is just ridiculous.

Soricidus
Oct 21, 2010
freedom-hating statist shill

trucutru posted:

did anybody post this one yet?

a car crash is an impressively good analogy for a bitcoin transaction

pylb
Sep 22, 2010

"The superfluous, a very necessary thing"
Help me convince my Father to buy BTC. (self.Bitcoin)
submitted an hour ago by Tomhinueber

[–]mvg210 33 minutes ago
The best argument for me is to be part of the transition from analog to digital in the currency world. A lot of people make money when there are big shifts in the way we do everyday things, and spending money over the Internet will become a daily thing for everyone on the planet in 5 years. ecommerce has only 3% of the total marketshare for retail spending, and Amazon is now valued more than Walmart. Also doesn't hurt to diversify

[–]BitcoinIsSimple 38 minutes ago
My opinion is that Bitcoin is a huge deal. I'm not going to say why, I don't feel like doing that post. You have to have be witnessing all the pieces falling into place.
And if your father is already wealthy I would just say.....hedge your bets.

Sentient Data
Aug 31, 2011

My molecule scrambler ray will disintegrate your armor with one blow!

pylb posted:

The best argument for me is to be part of the transition from analog to digital in the currency world.

But... But Bitcoin IS analog, why else would they keep insisting on using floats?!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Sentient Data posted:

But... But Bitcoin IS analog, why else would they keep insisting on using floats?!

:aaaaa:

Political Whores
Feb 13, 2012

Like a lot of idiots, he's using analogue a synonym for "not virtual" or "physical".

DONT THREAD ON ME
Oct 1, 2002

by Nyc_Tattoo
Floss Finder

Political Whores posted:

Like a lot of idiots, he's using analogue a synonym for "not virtual" or "physical".

sorry that you hate language

surebet
Jan 10, 2013

avatar
specialist


hobbesmaster posted:

quote:

I hope this a troll, where do credit cards take weeks to confirm? The 50's?

since buttcoiners are a bunch of scammers they define "confirm" as "can no longer be reversed" and that case for credit cards is effectively 6 months or a year or something

likewise checks "take" 14 or 21 weeks to "clear"

one of my clients runs a live auction business with a focus on large & expensive assets, mostly industrial equipment from seizures and foreclosures

the total hammer price vary wildly depending on the auction lots but even a small one usually runs in the high 5 low 6 figgies, with a fair amount of them crossing over into the 8s

to avoid having people bid & dash you're required to have 25% of your expected win value on deposit, which of course no one loving does because tbf ¯\_(ツ)_/¯ how much you spend until the auction is running

so what happens is basically people will wire 25% or 100% of the value every time they win a thing so once in a while i pull bitch duty and i have to manage that poo poo

relatively smaller purchases are settled either over intra/inter bank transfer for canadian clients (with an instant confirmation that the payment was initiated, still needs to run through ach for inter bank) or wire over ach for the rest (with almost every emitting bank being able to send an init conf within a few minutes)

in the world of bitcoin this is p much the equivalent of a zero conf tx and while keeping track of the gibberish of transit codes and such is a pain we're able to see p much on the spot who's keeping up with their deposits

the larger stuff can run through lvts or other rtgs-like gateways and those emit, clear and settle instantly, full god drat stop

also from a purely yospos perspective you'll be glad to know that i lobbied to keep the vintage foxbase+ 2.00 dbase backend that runs all this poo poo when some bright eyed kid tried to sell us a shiny new mongo platform

surebet
Jan 10, 2013

avatar
specialist


also yes some loving clowns show up with literal briefcases full of cash and i'm never disappointed with the reaction when i show up at our bank sweaty, tired and in work pants & a t-shirt, park my 05 honda in the most hilariously illegal way possible right in front of the door and dump a quarter mil on the counter

(95% of the time we use armoured transport but once in a while they don't show up because we're in the arse end of no where, we want to go home so yolo, i guess)

grieving for Gandalf
Apr 22, 2008

indigi posted:

I have a friend who was sober for 15 years until his dog had some sort of problem



then he became addicted to dog vicodin

I've heard of poor people who can't get prescriptions just going to fish stores and buying drugs from there

also re: bitcoins so like, if you were one of the guys who started mining for bitcoins way back when, could you sell your poo poo for real money or does anyone even buy them like that

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

setafd posted:

also re: bitcoins so like, if you were one of the guys who started mining for bitcoins way back when, could you sell your poo poo for real money or does anyone even buy them like that

you could but you'd get less and less money the more you sell

Crust First
May 1, 2013

Wrong lads.

setafd posted:

I've heard of poor people who can't get prescriptions just going to fish stores and buying drugs from there

you can also use antibiotic eye meds for dogs as a human, so i've heard.

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duTrieux.
Oct 9, 2003

let the united states government operate an insurance program that competes with private companies, only the government operator is only trying to break even instead of make a profit because that wouldn't be the point.

let the free market sort it out.

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