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BTCurious

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^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 28, 2011, 12:45:48 AM

The substance (know as 'outamyassimine') can be crystallized and desiccated, then alloyed with unobtainium to create an emulsification which can catalyze and ultimately transmutate BTC into USD.

Some historical facts:
Outamyassimine was first named Imineoutamyass, but was generally ill-received as a name, and later changed to Outamyassimine to comply with common naming schemes.

tvbcof

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Quote from: TiagoTiago on October 27, 2011, 03:12:17 PM

Quote from: BTCurious on October 27, 2011, 02:23:45 PM

Quote from: tvbcof on October 27, 2011, 02:14:33 PM

Quote from: BTCurious on October 27, 2011, 02:05:49 PM

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

On a totally unrelated note, that IS a rather cool address:

1Ga9Dizn1p6ctGWausC1osLSrXFdioxide

Without consulting a periodic table, I think I see Gallium, Tungsten, Carbon, Strontium and Florine. And sort of Zink, Gold, Osmium. I'll have to look for such things in other addresses.

Thanks

Heh, never looked at it like that. With consulting a periodic table, I get:
1 Gallium 9D (iodine) (zinc) 1 (phosphorus) 6 (carbon) tG Tungsten (gold) (silicon) Carbon 1 (osmium) L Strontium X Fluorine dioxide.
Bracketed ones are with incorrect capitalization.

Too bad no one loves breathing though Tongue

The only 0.001 BTC at that address is me testing it, IIRC Tongue

Could someone with chemistry understanding tell me what is that molecule and any interesting facts about it please?

The substance (know as 'outamyassimine') can crystallized and desiccated, then alloyed with unobtainium to create an emulsification which can catalyze and ultimately transmutate BTC into USD.

tvbcof

legendary

Activity: 4760

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Quote from: BTCurious on October 27, 2011, 02:05:49 PM

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

Price is going up again and it's 22:30 here on the West Coast. I hope that people had the foresight to pump a little extra into those maintenance accounts before hitting the hay. I guess we have another 10 or 15 cents before we hit the day's peak though. I think it would put me in a bad mood for the rest of the day if I woke up to find my account liquidated.

TiagoTiago

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Firstbits.com/1fg4i :)

Quote from: BTCurious on October 27, 2011, 02:23:45 PM

Quote from: tvbcof on October 27, 2011, 02:14:33 PM

Quote from: BTCurious on October 27, 2011, 02:05:49 PM

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

On a totally unrelated note, that IS a rather cool address:

1Ga9Dizn1p6ctGWausC1osLSrXFdioxide

Without consulting a periodic table, I think I see Gallium, Tungsten, Carbon, Strontium and Florine. And sort of Zink, Gold, Osmium. I'll have to look for such things in other addresses.

Thanks

Heh, never looked at it like that. With consulting a periodic table, I get:
1 Gallium 9D (iodine) (zinc) 1 (phosphorus) 6 (carbon) tG Tungsten (gold) (silicon) Carbon 1 (osmium) L Strontium X Fluorine dioxide.
Bracketed ones are with incorrect capitalization.

Too bad no one loves breathing though Tongue

The only 0.001 BTC at that address is me testing it, IIRC Tongue

Could someone with chemistry understanding tell me what is that molecule and any interesting facts about it please?

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 27, 2011, 02:43:56 PM

Not to be too droll about things, but that seems to be the opposite of a 'problem' for a good number of Bitcoin entrepreneurs these days.

Yes, I thought about that too. Actually it would be better to provide a site that gets you a novelty address, then allows you to upload your wallet.dat, they insert the novelty address into your wallet, and you can download it again.
This would be ideal.

Quote from: tvbcof on October 27, 2011, 02:43:56 PM

But for the rest, how about this modification:

A utility which a user can run in the privacy of their own home which will look for magic addresses meeting some criteria of interest to the user. Open source it, of course, to lower the paranoia about back doors.

This is actually a good idea, but has been done. It was a bit of a hype in June/July. I made my own generator, although samr7's version is much better: Vanitygen

tvbcof

legendary

Activity: 4760

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Quote from: BTCurious on October 27, 2011, 02:38:07 PM

Quote from: tvbcof on October 27, 2011, 02:31:46 PM

I've heard that people in Asia will pay an absurd amount of money for phone numbers with 'lucky' numbers and such.

Seems to me that Bitcoin addresses could be generated at a very fast rate. There's a business opportunity for someone.

The problem is, once someone gives you a novelty address and its private key, that person also has your private key, so could steal your bitcoins if you put any on there. This makes it hard to generate any for someone else, unless this person really trusts you.

Not to be too droll about things, but that seems to be the opposite of a 'problem' for a good number of Bitcoin entrepreneurs these days.

But for the rest, how about this modification:

A utility which a user can run in the privacy of their own home which will look for magic addresses meeting some criteria of interest to the user. Open source it, of course, to lower the paranoia about back doors.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 27, 2011, 02:31:46 PM

I've heard that people in Asia will pay an absurd amount of money for phone numbers with 'lucky' numbers and such.

Seems to me that Bitcoin addresses could be generated at a very fast rate. There's a business opportunity for someone.

The problem is, once someone gives you a novelty address and its private key, that person also has your private key, so could steal your bitcoins if you put any on there. This makes it hard to generate any for someone else, unless this person really trusts you.

Quote from: tvbcof on October 27, 2011, 02:31:46 PM

I wanted to test out my instawallet thingy so I just sent you a little something.

Thanks

That's pretty awesome

It shows up in the pending transactions, so I guess your instawallet works

tvbcof

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Activity: 4760

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Quote from: BTCurious on October 27, 2011, 02:23:45 PM

Quote from: tvbcof on October 27, 2011, 02:14:33 PM

On a totally unrelated note, that IS a rather cool address:

1Ga9Dizn1p6ctGWausC1osLSrXFdioxide

Without consulting a periodic table, I think I see Gallium, Tungsten, Carbon, Strontium and Florine. And sort of Zink, Gold, Osmium. I'll have to look for such things in other addresses.

Thanks

Heh, never looked at it like that. With consulting a periodic table, I get:
1 Gallium 9D (iodine) (zinc) 1 (phosphorus) 6 (carbon) tG Tungsten (gold) (silicon) Carbon 1 (osmium) L Strontium X Fluorine dioxide.
Bracketed ones are with incorrect capitalization.

Too bad no one loves breathing though Tongue

The only 0.001 BTC at that address is me testing it, IIRC Tongue

I've heard that people in Asia will pay an absurd amount of money for phone numbers with 'lucky' numbers and such.

Seems to me that Bitcoin addresses could be generated at a very fast rate. There's a business opportunity for someone.

I wanted to test out my instawallet thingy so I just sent you a little something.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 27, 2011, 02:14:33 PM

Quote from: BTCurious on October 27, 2011, 02:05:49 PM

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

On a totally unrelated note, that IS a rather cool address:

1Ga9Dizn1p6ctGWausC1osLSrXFdioxide

Without consulting a periodic table, I think I see Gallium, Tungsten, Carbon, Strontium and Florine. And sort of Zink, Gold, Osmium. I'll have to look for such things in other addresses.

Thanks

Heh, never looked at it like that. With consulting a periodic table, I get:
1 Gallium 9D (iodine) (zinc) 1 (phosphorus) 6 (carbon) tG Tungsten (gold) (silicon) Carbon 1 (osmium) L Strontium X Fluorine dioxide.
Bracketed ones are with incorrect capitalization.

Too bad no one loves breathing though Tongue

The only 0.001 BTC at that address is me testing it, IIRC Tongue

tvbcof

legendary

Activity: 4760

Merit: 1283

Quote from: BTCurious on October 27, 2011, 02:05:49 PM

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

On a totally unrelated note, that IS a rather cool address:

1Ga9Dizn1p6ctGWausC1osLSrXFdioxide

Without consulting a periodic table, I think I see Gallium, Tungsten, Carbon, Strontium and Florine. And sort of Zink, Gold, Osmium. I'll have to look for such things in other addresses.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 27, 2011, 02:03:55 PM

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

People with sufficient foresight, and also convinced of this viewpoint, will be doing exactly that.

Doesn't necessarily mean the viewpoint is correct though.

tvbcof

legendary

Activity: 4760

Merit: 1283

Quote from: BTCurious on October 27, 2011, 01:56:47 PM

Quote from: tvbcof on October 27, 2011, 01:52:18 PM

...
Seems like most traders in this environment would just keep adding to their maintenance account to avoid this until things turn around. That would be the smart move. Right?

If they thought the market would be going down later, the smart thing is to add to their maintenance.
...

Given that Bitcoin is a ponzi scheme in it's death throes, and so many people 'know' this, it seems like a no-brainer to keep on adding to a maintenance account.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: tvbcof on October 27, 2011, 01:52:18 PM

It does not seem that the price has gone up so much and so fast that someone would get margin call unless they choose to be liquidated (or are woefully under-capitalized.) Seems like most traders in this environment would just keep adding to their maintenance account to avoid this until things turn around. That would be the smart move. Right?

If they thought the market would be going down later, the smart thing is to add to their maintenance.
If they thought the market would only go up, the smart thing is to buy back as soon as possible (actually, as low as possible).

If a large spike caught them by surprise, they wouldn't do the smart thing. They'd be liquidated.

There's a lot of traders which are relatively new to things, so can get caught by surprise. I've also seen reports of being confused by the user interface, and being screwed by not taking into account the site's delay relative to mtgox. There have also been problems with system stalls and errors, but it seems they get treated properly by the owner.

tvbcof

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Quote from: BTCurious on October 27, 2011, 01:19:00 PM

Being liquidated means he's already forced to ~~sell~~ buy back his borrowed bitcoins at a higher price, so he already lost a lot of money. If he had seen this coming, he could indeed have added funds beforehand.

Edit: oops, thanks for the correction

It does not seem that the price has gone up so much and so fast that someone would get margin call unless they choose to be liquidated (or are woefully under-capitalized.) Seems like most traders in this environment would just keep adding to their maintenance account to avoid this until things turn around. That would be the smart move. Right?

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Let me help you with that.

ElectricMucus

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Marketing manager - GO MP

Quote from: ineededausername on October 27, 2011, 01:38:41 PM

Anyone look at bitcoincharts recently? Look at all those nice high, green volumes! Looks like it's April all over again!

nope can't see it.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Thanks cypherdoc, that's indeed what I meant/should've written

Quote from: ineededausername on October 27, 2011, 01:38:41 PM

Anyone look at bitcoincharts recently? Look at all those nice high, green volumes! Looks like it's April all over again!

I usually just watch the mtgox ticker. Most other exchanges follow that anyway.

ineededausername

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bitcoin hundred-aire

Anyone look at bitcoincharts recently? Look at all those nice high, green volumes! Looks like it's April all over again!

phorensic

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It's my own fault for watching charts every day, seeing a spike up and predicting another plunge down like it has been doing over and over. It's just funny to call it getting Zhoutonged when you go short and you screw up.

cypherdoc

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Quote from: BTCurious on October 27, 2011, 01:19:00 PM

Being liquidated means he's already forced to ~~sell~~ buy back his borrowed bitcoins at a higher price, so he already lost a lot of money. If he had seen this coming, he could indeed have added funds beforehand.

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