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what is litecoin Beginners & Help
Litecoin uses memory-hard problems for mining instaed of processor-intensive pro…
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n/a | JoelKatz | February 20, 2013, 08:24:53 PM |
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Ripple Giveaway! Altcoin Discussion
rHzWtXTBrArrGoLDixQAgcSD2dBisM19fF
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n/a | JoelKatz | February 20, 2013, 06:44:31 PM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
Your argument is essentially that if [some] members of a set are not scarce, the…
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n/a | JoelKatz | February 20, 2013, 06:19:06 PM |
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Why Ripple is a bad idea. Altcoin Discussion
If it IS a premine, then anyone should be able to fork and start a new ledger wh…
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n/a | JoelKatz | February 20, 2013, 02:13:25 PM |
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After testing Ripple... Altcoin Discussion
Are settlement agreements always negotiated externally, ie. by word of mouth? Or…
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n/a | JoelKatz | February 20, 2013, 02:12:38 PM |
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After testing Ripple... Altcoin Discussion
Yeah that is a good point, the blockchain spam on BTC would get out of hand, eve…
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n/a | JoelKatz | February 20, 2013, 11:21:00 AM |
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After testing Ripple... Altcoin Discussion
Unfortunately it looks like having 100 billion XRP that can be traded for other…
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n/a | JoelKatz | February 19, 2013, 09:22:45 PM |
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Is a monopoly on the full working Blockchain possible? Bitcoin Discussion
Pan forward many years to a time when the Blockchain is Terabytes large, most so…
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n/a | JoelKatz | February 19, 2013, 04:52:58 PM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
I do agree with you on that, if nothing else. My problem with the rest of your a…
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n/a | JoelKatz | February 18, 2013, 03:10:39 PM |
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After testing Ripple... Altcoin Discussion
Can anyone confirm that this is what Ripple intends to do?Yes.
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n/a | JoelKatz | February 18, 2013, 12:58:31 PM |
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After testing Ripple... Altcoin Discussion
I'm still very skeptical of this new system. Especially the things talked about…
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n/a | JoelKatz | February 18, 2013, 11:10:48 AM |
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WTF happened to ripple? Altcoin Discussion
I think most of your complaints are legitimate. Every system reflects tradeoffs…
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n/a | JoelKatz | February 17, 2013, 06:12:21 PM |
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Can Ripple facilitate business to business barter transactions ? Off-topic
Impressive.. And hopefully it scales to support that Two points,1. So is a singl…
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n/a | JoelKatz | February 17, 2013, 06:24:23 PM |
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Can Ripple facilitate business to business barter transactions ? Off-topic
If I wanted to setup a stock market style arrangement, potentially thousands of…
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n/a | JoelKatz | February 16, 2013, 11:00:56 AM |
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Can Ripple facilitate business to business barter transactions ? Off-topic
Is this the real purpose of the "issuer" field in the current Ripple user interf…
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n/a | JoelKatz | February 16, 2013, 01:25:23 AM |
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I was charged extra for using my credit card Bitcoin Discussion
I went Kayaking the other day and rented a kayak. The charge was $35. But they s…
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n/a | JoelKatz | February 15, 2013, 10:16:19 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Same person?Isn't Jed Satoshi?I doubt it, but you never know.All that's necessar…
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n/a | JoelKatz | February 15, 2013, 10:05:36 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
1) If you expect people to be able to pay you, you should accept IOUs from at le…
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n/a | JoelKatz | February 15, 2013, 09:04:10 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
You don't need a dense web of trust. All you need is every account to trust at l…
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n/a | JoelKatz | February 15, 2013, 01:45:16 PM |
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Applying Ripple Consensus model in Bitcoin Development & Technical Discussion
I think there are a few ways that could work that might be interesting. For exam…
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n/a | JoelKatz | February 15, 2013, 07:40:33 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
If I understand correctly that use case will only be practical with a dense web…
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n/a | JoelKatz | February 15, 2013, 03:50:40 AM |
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How economy grow with a deflationary currency? Economics
"I have a piece of gold that will be worth $50 more tomorrow. We both know this…
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n/a | JoelKatz | February 14, 2013, 02:15:56 PM |
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How economy grow with a deflationary currency? Economics
"Do inflationary currencies could cause people to hoard commodities?" Of course…
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n/a | JoelKatz | February 13, 2013, 03:27:40 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
If the focus of Ripple is going to be on gateways instead of personal credit I d…
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n/a | JoelKatz | February 13, 2013, 04:35:06 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Then this sounds like more like a scam...Why do you say that?Quoteso what happen…
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n/a | JoelKatz | February 13, 2013, 12:58:07 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
I get that bitcoin could profit from this but not how we're supposed to get XRP…
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n/a | JoelKatz | February 13, 2013, 12:30:46 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
I really just don't understand the benefits of Ripple if you're not focusing on…
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n/a | JoelKatz | February 13, 2013, 11:56:53 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Bitcoin doesn't allow people to pay each other in fiat currencies or across curr…
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n/a | JoelKatz | February 13, 2013, 10:07:27 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
We don't see personal credit as a major application for Ripple in the short term…
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n/a | JoelKatz | February 13, 2013, 09:57:49 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
At first glance it doesn't look like Ripple is useful at all until a critical ma…
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n/a | JoelKatz | February 13, 2013, 09:18:07 AM |
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How many palindromes as private keys? Bitcoin Discussion
The key insight is to see that there's a one-to-one correspondence between 128-b…
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n/a | JoelKatz | February 13, 2013, 04:59:23 AM |
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Lets put bitcoin in space. A mining satellite for $8000 Project Development
Somewhere out of reach of governments, where solar energy is abundant and coolin…
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n/a | JoelKatz | February 12, 2013, 06:29:49 AM |
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After testing Ripple... Altcoin Discussion
i dont see why not to 'ripple-trust' me ThanxJust remember, if you extend $5 in…
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n/a | JoelKatz | February 12, 2013, 06:20:21 AM |
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Why Ripple is a bad idea. Altcoin Discussion
I think its an example of the network effect where you join up and none of your…
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n/a | JoelKatz | February 11, 2013, 07:56:20 PM |
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How economy grow with a deflationary currency? Economics
If you bought a bunch of BTC when they were relatively *cheap* (let's say at the…
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n/a | JoelKatz | February 11, 2013, 10:04:21 AM |
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Yet another martingale bot for SatoshiDice (Java app) Gambling
NOTE: I don't think this is designed to be used by people with 10btc or less, I…
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n/a | JoelKatz | February 11, 2013, 06:45:07 AM |
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How economy grow with a deflationary currency? Economics
With a deflationary currency, people have the tendency to hoard, it is harder fo…
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n/a | JoelKatz | February 11, 2013, 02:39:58 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Do you realize that this explanation is rather lacking?Yes. It's an outline.Quot…
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n/a | JoelKatz | February 10, 2013, 11:23:46 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
What if one node believes the avalanche has stalled, but another node doesn't?Th…
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n/a | JoelKatz | February 10, 2013, 09:18:05 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
A node can introduce a transaction to change the base fee. If a trust-weighted m…
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n/a | JoelKatz | February 10, 2013, 08:30:40 PM |
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Why Ripple is a bad idea. Altcoin Discussion
If "everyone" is going to use "gateways" the decentralisation isn't really looki…
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n/a | JoelKatz | February 10, 2013, 08:21:23 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Destruction of RXP for each transaction is bad economics. The number of transact…
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n/a | JoelKatz | February 10, 2013, 07:32:52 PM |
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Why Ripple is a bad idea. Altcoin Discussion
I think the idea is that Charlie would lose his reputation. I still have concern…
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n/a | JoelKatz | February 10, 2013, 07:19:36 PM |
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Why Ripple is a bad idea. Altcoin Discussion
It just sounds like anyone could charge what they want and because it is just IO…
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n/a | JoelKatz | February 10, 2013, 06:21:22 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Yes, Ripple will make a fantastic open ledger for managing and settling debt amo…
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n/a | JoelKatz | February 10, 2013, 06:28:17 PM |
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Why Ripple is a bad idea. Altcoin Discussion
But I think Bitcoin will still win out in terms of long term value store. I jus…
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n/a | JoelKatz | February 10, 2013, 06:11:15 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
With all due respect, I think you misunderstand what it means to "make" someone…
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n/a | JoelKatz | February 10, 2013, 02:08:02 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
I see that there is a second line of criticism here that claims that the concept…
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n/a | JoelKatz | February 10, 2013, 01:57:55 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Of course. You are 100% right. It could work this way. But the nexus is centr…
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n/a | JoelKatz | February 10, 2013, 01:32:01 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Which is leads me to the next question.. How do I know which IOU is owned by who…
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n/a | JoelKatz | February 10, 2013, 12:41:07 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Let me give you a different example... PayPal.You have used PayPal for few years…
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n/a | JoelKatz | February 10, 2013, 12:16:22 AM |
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Why Ripple is a bad idea. Altcoin Discussion
I think you would both just have a balance of 0. Also, don't forget you have to…
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n/a | JoelKatz | February 10, 2013, 12:12:39 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
And if I don't trust anyone that would make this system irrelevant?Pretty much.…
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n/a | JoelKatz | February 10, 2013, 12:05:49 AM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
The biggest Achilles heel to Ripple is not that someone will shut it down if it'…
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n/a | JoelKatz | February 09, 2013, 11:46:14 PM |
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Why Ripple is a bad idea. Altcoin Discussion
Joel ripple is your site? If so where can I get an explanation of how it works a…
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n/a | JoelKatz | February 09, 2013, 11:43:10 PM |
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Why Ripple is a bad idea. Altcoin Discussion
in other words, opencoin inc is comparable to the federal reserve. Go beg OpenCo…
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n/a | JoelKatz | February 09, 2013, 10:27:21 PM |
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Ripple sounds nice but the implementation at Ripple.com is flawed Off-topic
Not all details are explained but it is written that there is only 100 billion X…
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n/a | JoelKatz | February 09, 2013, 10:18:39 PM |
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Ripple SOUNDS nice but there are some MAJOR problems Off-topic
Looking over the documentation (https://ripple.com/wiki/) there is a lot of info…
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n/a | JoelKatz | February 09, 2013, 09:30:46 PM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
Ripple's problem isn't any lack of scarcity, but rather they it's trying to make…
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n/a | JoelKatz | February 08, 2013, 06:27:09 PM |
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Looking for people to store some of the forum's money Services
I'm pretty sure you'd know exactly which keys signed it. Each member would need…
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n/a | JoelKatz | February 08, 2013, 04:19:32 AM |
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Looking for people to store some of the forum's money Services
After some more thought, i dont want to be part of any m of n. Last thing i need…
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n/a | JoelKatz | February 08, 2013, 03:25:24 AM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
Gateway services seem to essentially tag an external currency transaction with X…
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n/a | JoelKatz | February 07, 2013, 09:50:48 PM |
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Someone just told me this today... WTF Off-topic
He's not defrauding anyone. They just write it off. https://www.youtube.com/wat…
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n/a | JoelKatz | February 07, 2013, 08:27:43 PM |
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My response to the community Bitcoin Discussion
I believe the terms were something like "I'll double the money you didn't send…
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n/a | JoelKatz | February 07, 2013, 08:25:52 PM |
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Looking for people to store some of the forum's money Services
This is a real problem that deserves a real solution. How about specifying the p…
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n/a | JoelKatz | February 07, 2013, 05:39:53 PM |
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Why RIPEMD-160 and SHA-256 used for Bitcoin addresses Bitcoin Technical Support
RIPEMD-160 was used because it produces a shorter hash output. This permits bitc…
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n/a | JoelKatz | February 07, 2013, 04:08:49 PM |
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Looking for people to store some of the forum's money Services
Why does the forum need a lot of money?It doesn't at the moment.QuoteJust spend…
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n/a | JoelKatz | February 07, 2013, 04:16:01 PM |
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My response to the community Bitcoin Discussion
PS What backs bitcoin? (Been dying to hear your answer.)Nothing. Bitcoin behaves…
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n/a | JoelKatz | February 07, 2013, 09:58:19 AM |
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My response to the community Bitcoin Discussion
EG I could promise you the moon, but you'd be unreasonable and foolish to expect…
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n/a | JoelKatz | February 06, 2013, 06:28:18 PM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
Unlike Bitcoin, which had Satoshi's wonderful and inspiring paper to read - the…
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n/a | JoelKatz | February 06, 2013, 05:27:09 PM |
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Looking for people to store some of the forum's money Services
This is the problem with a non-100% reserve system though. Had someone done some…
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n/a | JoelKatz | February 06, 2013, 08:28:30 AM |
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Blockchain rollback limit? Bitcoin Discussion
During a rollback that goes back to the last Gavin checkpoint the attacker with…
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n/a | JoelKatz | February 06, 2013, 08:23:08 AM |
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My response to the community Bitcoin Discussion
a) If they got involved with other bets, that's their problem. Why should you fe…
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n/a | JoelKatz | February 06, 2013, 06:49:32 AM |
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My response to the community Bitcoin Discussion
You're misunderstanding what happened. Matthew didn't take anyone's money. He…
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n/a | JoelKatz | February 06, 2013, 03:31:21 AM |
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Looking for people to store some of the forum's money Services
If you deposit 1000 BTC you get a[n extremely rare] free MPEx account, whatever…
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n/a | JoelKatz | February 06, 2013, 03:24:53 AM |
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Looking for people to store some of the forum's money Services
I think you should try for a 100% reserve scheme where the holding addresses are…
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n/a | JoelKatz | February 06, 2013, 01:34:26 AM |
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Is Ripple a Bitcoin Killer or Complementer? Founder of Mt Gox will launch Ripple Bitcoin Discussion
1) Is this steaming turd still in beta?2) Where the hell are the technical speci…
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n/a | JoelKatz | February 05, 2013, 02:19:01 PM |
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Blockchain rollback limit? Bitcoin Discussion
Could you just run 2 clients using different chains and live in both worlds?That…
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n/a | JoelKatz | February 05, 2013, 07:17:56 PM |
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Blockchain rollback limit? Bitcoin Discussion
Well, if in chain 1 i lose money and in chain 2 you lose it, we cannot agree, of…
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n/a | JoelKatz | February 05, 2013, 06:29:27 PM |
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Blockchain rollback limit? Bitcoin Discussion
That's the whole reason for automatically choosing the longest chain in the firs…
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n/a | JoelKatz | February 05, 2013, 05:27:25 PM |
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BTCFPGA/bitcoinASIC/CAN-ELECTRIC - no BTC refunds expected, what now? Hardware
This is one of the main properties of BTC, you never have the possibility to do…
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n/a | JoelKatz | February 05, 2013, 02:59:46 PM |
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Blockchain rollback limit? Bitcoin Discussion
I believe the problems with limiting (automatic) rollback to 120 blocks is small…
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n/a | JoelKatz | February 05, 2013, 02:47:39 PM |
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2013-01-23 motherboard.vice.com - Ripple, a Peer-to-Peer Financing Network, Coul Press
So if Bob owes Alice $500, and Alice owes Bob the same amount for some reason -…
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n/a | JoelKatz | January 29, 2013, 07:30:01 PM |
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What if the US Government forced exchanges to close? Beginners & Help
Sorry for my newbie questions. I'm totally new to bitcoins.Is it possible that…
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n/a | JoelKatz | January 28, 2013, 10:54:07 PM |
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what happens if a net of bots start to create bitcoin addresses? Beginners & Help
I read that there are 2^160 possible addresses. https://bitcointalk.org/index.ph…
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n/a | JoelKatz | January 24, 2013, 07:15:23 PM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
This doesn't actually help. Think it through carefully. The company she's buying…
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n/a | JoelKatz | January 22, 2013, 03:40:27 PM |
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Moneybookers closed my account!!!!!!!! Anti-Bitcoin policy !!!! 2-12-2012 Beginners & Help
Money transfer services, so long as they can confirm your identity, cannot keep…
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n/a | JoelKatz | January 22, 2013, 03:44:07 PM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
Disagreements with my post coming from 2 different directions.I don't think I'm…
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n/a | JoelKatz | January 22, 2013, 10:07:10 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
Of course, a bank could could instead charge no interest and just rely on the in…
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n/a | JoelKatz | January 22, 2013, 07:48:20 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
Markets are quite predictable much of the time.You should be rich then! To get…
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n/a | JoelKatz | January 22, 2013, 05:03:10 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
How can deflation be in any way predictable if its value is to be decided by the…
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n/a | JoelKatz | January 22, 2013, 04:20:48 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
The problem with deflation is that it does not keep people from buying things, i…
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n/a | JoelKatz | January 22, 2013, 03:45:34 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
All I said is I didn't know. I am living in a big crisis right now, that of Gree…
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n/a | JoelKatz | January 22, 2013, 01:37:25 AM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
Mt Gox is not a bank, it's an exchange.Mt Gox is an exchange, but it also provid…
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n/a | JoelKatz | January 21, 2013, 03:03:26 PM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
Is fractional reserve banking even possible with bitcoin? When banks make loans,…
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n/a | JoelKatz | January 21, 2013, 01:47:02 PM |
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Bitcoins Can Inflate Too - Stop worrying about deflation. Economics
The guy then told me I'd be stupid if I bought gas knowing that it would be chea…
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n/a | JoelKatz | December 28, 2012, 10:23:29 PM |
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a flaw in the 21 million BTC? Bitcoin Discussion
their 21 million coinseach coin can be divied into 8 decimalsso each coins actua…
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n/a | JoelKatz | January 16, 2013, 04:09:27 AM |
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a flaw in the 21 million BTC? Bitcoin Discussion
That's not enough money for a worldwide currency...my question is, how the btc i…
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n/a | JoelKatz | January 15, 2013, 09:28:52 PM |
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Gun freedom advocates - what weapons shouldn't be legally available? Politics & Society
It may be hard for non-Americans to understand, but here the idea of an authorit…
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n/a | JoelKatz | January 15, 2013, 09:25:00 PM |
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What if the government... Legal
What if the government makes it illegal for merchants to accept Bitcoins?What if…
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n/a | JoelKatz | January 13, 2013, 09:49:58 PM |
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