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Netflix currently consumes well over a third of peak internet traffic in the US (37% as of last May, so it's probably more like two fifth's now). The issue in Australia isn't really the metering, becuase as you said, Netflix can work deals with ISPs to allow it. The issue is the sheer total bandwidth hit on Australia's internet infrastructure. The country simply hasn't got the capacity for any significant number of customers to be streaming HD movies at 9pm on a friday night. this is from last September, so only six months after Netflix rolled out in Australia, I believe? If adoption ramps up as expected, within a couple years the entire network is gonna be basically crippled. It's not a problem unique to Australia, either. Many countries worldwide just aren't equipped to see their internal traffic spike a thousand percent in five years due to the advent of hi definition on demand video.
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Mar 12, 2016 01:37
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QuarkJets posted:If your faith in bitcoin is real then you run 100 bitcoin nodes in your garage, but that's still less than 1 GB per hour My months cap is like 250gb. So one day of being bitcoin boss. I'm not sure the tv show will work.
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Mar 12, 2016 01:42
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Leperflesh posted:Data caps exist in places like Australia because they've failed to implement modern internet infrastructure. Also rural USA. I use to have a monthly cap of 5 GB with my old ISP, and this was in New York.
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Mar 12, 2016 02:29
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Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? http://bitcoincharts.com/charts/volumepie/ 
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Mar 12, 2016 03:27
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they are moving them between themselves in order to pretend it actually has purpose and/or value and hopefully convince some complete idiots to put real money with actual value into it. Y'know, like every single other time there has been a spike in transactions and/or exchange prices ever since glorious Satoshi shat out his retarded idea.
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Mar 12, 2016 03:31
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Leperflesh posted:Netflix currently consumes well over a third of peak internet traffic in the US (37% as of last May, so it's probably more like two fifth's now). The issue in Australia isn't really the metering, becuase as you said, Netflix can work deals with ISPs to allow it. The issue is the sheer total bandwidth hit on Australia's internet infrastructure. The country simply hasn't got the capacity for any significant number of customers to be streaming HD movies at 9pm on a friday night. In glorious Canukistan I just ran Netflix and Youtube in low res mode to keep it from devouring all my bandwidth. Most of the time it's fine, I don't need to see the actor's individual skin pores and nose hairs.
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Mar 12, 2016 03:36
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Angela Christine posted:In glorious Canukistan I just ran Netflix and Youtube in low res mode to keep it from devouring all my bandwidth. Most of the time it's fine, I don't need to see the actor's individual skin pores and nose hairs. now you know how americans feel about healthcare
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Mar 12, 2016 04:40
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Leperflesh posted:That said, you only need to download the entire blockchain once. After that, each new block is 1 MB, and you only need to upload something when you either confirm a block (first), or are making a bitcoin transaction. So it's not that bandwidth intensive. But that initial download is gigantic: currently 61.5GB. If you're mining, you're meant to be including transactions in the blocks that you add to the chain (although some choose not to), so you also need to receive (attempted) transactions from everyone on the planet (who is using bitcoin) right? wayne curr posted:Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? Some bitcoins move on the blockchain so you can see them, but what happens on an exchange is internal to that exchange. Even though sometimes people move coins in and out of the exchange, the exchange probably creates new addresses that external parties don't know are associated with the exchange, so I don't think you can tell what the exchange's volume is by looking on the blockchain. I'm going to guess then that the exchange volume is self-reported and is just a huge lie to make it look like bitcoin is actually alive.
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Mar 12, 2016 05:19
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Comcast is gracious enough to give me 300gb in exchange for the money i pay every month to use the internet... God bless them
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Mar 12, 2016 11:14
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wayne curr posted:Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? Possibly because the CCP has recently made it either illegal or extremely difficult to get your money out of the country. The situation is now so bad that taking a gamble laundering your money out with bitcoin might seem like a good idea. http://www.chinalawblog.com/2016/03/getting-money-out-of-china-the-reality-has-changed.html Earlier you could take a limit of 50grand a year out of the country, which is why the bitcoin miners are all in China and were (and still are) desperately trying to get past that limit, and it just got worse. Mercury_Storm fucked around with this message at 11:35 on Mar 12, 2016 |
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Mar 12, 2016 11:31
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Mar 15, 2016 22:23
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I'm the photoshopped qr tag.
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Mar 15, 2016 22:50
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Dreddout posted:I'm the photoshopped qr tag. i scanned you 
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Mar 15, 2016 23:00
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This is somehow not satire. https://blockchainfutureslab.wordpress.com/2016/02/27/a-typical-day-in-a-blockchain-enabled-world/ A Typical Day in a Blockchain-Enabled World Circa 2030 posted:Let’s follow Crowley as his day unfolds. It all starts when Crowley wakes up in the morning. Crowley wears his sleep-optimizing bracelet at night, which uploads his pre-waking vital signs anonymously to the Internet. Using this information, machine-learning systems across the world use bitcoins to bid on the time Crowley’s alarm clock should go off, given his physical condition and sleep/wake cycle. The winning bid is the one that lets Crowley sleep the longest. And much much more. quote:You might have thought that a world built entirely on decentralized Bitcoin transactions would be a horrific dystopia. But after reading the awesome description of a day in the life of a typical bitcoiner in the year 2030, where everything operates via Bitcoin, we’re sure your worries have been conclusively put to rest.
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Mar 17, 2016 00:45
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Fangz posted:This is somehow not satire. this is seriously pro-click 
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Mar 17, 2016 01:04
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Mar 17, 2016 01:11
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Lucky Guy posted:i scanned you What happened, did you receive bitcoins?
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Mar 17, 2016 01:48
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Forevereal mining blocks and enjoying it. Fully digitized currency and loving it.
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Mar 17, 2016 01:51
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I asked a friend of mine what he was doing with his time (he dropped out of college after his freshman year) and he explained to me that he spent most of his time working. "Working" means "designing an automated bitcoin trading system based on machine learning". Is this as absurd a fantasy as it seems?
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Mar 17, 2016 02:04
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Yes
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Mar 17, 2016 02:22
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Bitcoin price flux is almost completely the result of social panic, and bears no relationships to any other indicators of the economy. Machine learning is dicey for things we understand pretty well in the market (like how precious metals usually increase in price during market volatility) and is mostly used for arbitrage and exploiting small fast "sure thing" trades that appear and disappear faster than humans can hunt them down. There a zero percent chance that will work.
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Mar 17, 2016 02:45
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TheQuietWilds posted:Bitcoin price flux is almost completely the result of social panic, and bears no relationships to any other indicators of the economy. Machine learning is dicey for things we understand pretty well in the market (like how precious metals usually increase in price during market volatility) and is mostly used for arbitrage and exploiting small fast "sure thing" trades that appear and disappear faster than humans can hunt them down. There a zero percent chance that will work. You're already giving that guy too much credit by assuming that he a) has any actual programming talent, and b) is actually doing something other than scratch his balls all day.
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Mar 17, 2016 02:49
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TheQuietWilds posted:Bitcoin price flux is almost completely the result of social panic, and bears no relationships to any other indicators of the economy. Machine learning is dicey for things we understand pretty well in the market (like how precious metals usually increase in price during market volatility) and is mostly used for arbitrage and exploiting small fast "sure thing" trades that appear and disappear faster than humans can hunt them down. There a zero percent chance that will work. imagine: each person in a residential building is an artificial neuron. you activate your neighbour by hammering on the walls, and the volume is your edge weight. you also have a blockchain on your computer! that's a free decentralized neural network, free from government interference. just imagine the possibilities! e: nobody steal my idea, I have an uncle working at the patents office GABA ghoul fucked around with this message at 03:07 on Mar 17, 2016 |
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Mar 17, 2016 03:03
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Blanketspace posted:I asked a friend of mine what he was doing with his time (he dropped out of college after his freshman year) and he explained to me that he spent most of his time working. "Working" means "designing an automated bitcoin trading system based on machine learning". Is this as absurd a fantasy as it seems? the design work is easy: previous bitcoin prices -> machine learning! -> future bitcoin prices where he'll fail is the implementation
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Mar 17, 2016 03:08
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Even if you could predict bitcoin price fluctuations you can't buy and sell bitcoins efficiently, safely and cheaply enough to make it work. Well, unless the result of your algorithm is 'don't buy bitcoins'. Fangz fucked around with this message at 03:13 on Mar 17, 2016 |
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Mar 17, 2016 03:11
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Novo posted:the design work is easy: previous bitcoin prices -> machine learning! -> future bitcoin prices (Looks at graph of price history) "This is easy! You just buy in here, at the low point, then sell right here at the next peak. Then do that again, here and here. And here and here. Man, I can't believe no one has figured this out before! I'm going to be rich!"
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Mar 17, 2016 03:15
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Fangz posted:Well, unless the result of your algorithm is 'don't buy bitcoins'. To be fair if he comes up with that he'll have one of the best ROI of any Bitcoin 'investor'
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Mar 17, 2016 03:20
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Fangz posted:Even if you could predict bitcoin price fluctuations you can't buy and sell bitcoins efficiently, safely and cheaply enough to make it work. strange game, the best move is to kill you're self
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Mar 17, 2016 03:27
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Fangz posted:This is somehow not satire. The second line reads like sarcasm, so actually it probably is.
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Mar 17, 2016 04:57
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Blanketspace posted:I asked a friend of mine what he was doing with his time (he dropped out of college after his freshman year) and he explained to me that he spent most of his time working. "Working" means "designing an automated bitcoin trading system based on machine learning". Is this as absurd a fantasy as it seems?
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Mar 17, 2016 07:19
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Cheez posted:The second line reads like sarcasm, so actually it probably is. Its taken from a book you can buy with (real) money that was written by an Etherium dev. Looks like a true believer to me.
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Mar 17, 2016 07:24
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Thanks for confirming my suspicions. I'm just waiting for the inevitable failure now.
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Mar 17, 2016 07:35
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quote:Unbeknownst to Crowley, a woman named Sofia who lives on the street he’s walking down has just made a big salad for her family and realizes she’s made too much and will have leftovers. yeah I'm a pretty big deal over on the food estimating forums *cracks knuckles*
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Mar 17, 2016 10:19
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wayne curr posted:Holy poo poo what's going on in China? Why's there so many god drat Chinese buying up coins over the last few weeks? Update:  Chinese continue in their quest to buy up all the butts.
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Mar 17, 2016 10:58
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love all the free market kings who rail about the Nazi US fed and then hate on all the chinamen who are ruining buttcoin for them
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Mar 17, 2016 11:37
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hey guys guys guys guys guys get ready for the greatest thing ever seriously hold on to your cocks serious are you ready? Bitcoin? More like buttcoin, right? 
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Mar 17, 2016 11:40
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ALL-PRO SEXMAN posted:Bitcoin? More like buttcoin, right?
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Mar 17, 2016 11:48
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fuckin bitch I was gonna say it
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Mar 17, 2016 11:52
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Howard Beale posted:yeah I'm a pretty big deal over on the food estimating forums *cracks knuckles* This is some dystopian nightmare poo poo.
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Mar 17, 2016 14:13
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Howard Beale posted:yeah I'm a pretty big deal over on the food estimating forums *cracks knuckles* Why wouldn't Crowley just review the food and the woman who made the salad got a rating that way. That's how we do it now. It doesn't just work, it's the best way. Why is there a forum filled with people doing something with bitcoin to guess how tasty something is based on a picture taken with a phone.
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Mar 17, 2016 15:43
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