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delete Archival |
n/a | JoelKatz | August 06, 2011, 09:25:04 PM |
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Where do transaction fees go? Development & Technical Discussion
I recognize the freedom of miners to include whatever transactions they want, an…
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n/a | JoelKatz | August 06, 2011, 08:32:56 PM |
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n/a | JoelKatz | August 06, 2011, 07:28:46 PM |
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Two TradeHill features that I would really love to have Trading Discussion
There are two things TradeHill doesn't do that I would really appreciate. I'm cu…
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n/a | JoelKatz | August 06, 2011, 07:09:40 PM |
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Where do transaction fees go? Development & Technical Discussion
Two things are built into the protocol:1) A miner has absolute freedom to includ…
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n/a | JoelKatz | August 06, 2011, 07:17:48 PM |
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Jesus, Doomsday already??? Watch Mt Gox Speculation
Yes, shifting the chargeback risk from merchants to customers is valuable -- but…
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n/a | JoelKatz | August 06, 2011, 05:42:30 PM |
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n/a | JoelKatz | August 06, 2011, 05:36:19 PM |
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Why trust anyone without a contract? Bitcoin Discussion
Mr katz, if you look at the original posters wording he is expecting "compensati…
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n/a | JoelKatz | August 06, 2011, 04:40:20 PM |
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How I would destroy bitcoin if I was a goverment Bitcoin Discussion
They wouldn't need to buy them all, probably more like a million or so. Yes, it…
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n/a | JoelKatz | August 06, 2011, 08:20:01 AM |
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Deflation and Bitcoin, the last word on this forum Economics
I'm not saying it's unfair, just that discourages real capital accumulation.The…
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n/a | JoelKatz | August 06, 2011, 07:55:08 AM |
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Deflation and Bitcoin, the last word on this forum Economics
Let's say interest rates go from 3% to 1%. Now investments need to rise their yi…
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n/a | JoelKatz | August 06, 2011, 06:37:16 AM |
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Deflation and Bitcoin, the last word on this forum Economics
What are the conflicting assumptions?All of them as a set conflict. Which one yo…
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n/a | JoelKatz | August 05, 2011, 08:54:53 PM |
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Most Bitcoin speculators are at the 'denial' stage of the crash Economics
What is low? and what is high?They are relative to each other. As long as you se…
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n/a | JoelKatz | August 05, 2011, 08:50:03 PM |
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Most Bitcoin speculators are at the 'denial' stage of the crash Economics
If only that chart were to scale and had numbers on it.
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n/a | JoelKatz | August 05, 2011, 06:34:35 PM |
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Deflation and Bitcoin, the last word on this forum Economics
But does that observation invalidate my other calculations?You've calculated the…
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n/a | JoelKatz | August 05, 2011, 06:31:08 PM |
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Deflation and Bitcoin, the last word on this forum Economics
If the price will be traded at 1 btc = 1.05 rc next yearand 1 rc today = 1.03 rc…
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n/a | JoelKatz | August 05, 2011, 05:07:59 PM |
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Deflation and Bitcoin, the last word on this forum Economics
2) If a person can turn 1 bitcoin into 1.05 units of value next year, then the p…
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n/a | JoelKatz | August 05, 2011, 09:52:59 AM |
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Double-spending technical question Development & Technical Discussion
As a general rule, you want to avoid the case where two parties have the ability…
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n/a | JoelKatz | August 05, 2011, 08:57:29 AM |
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Why trust anyone without a contract? Bitcoin Discussion
Good faith in services won't be enough, we have learned. I would strongly advise…
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n/a | JoelKatz | August 05, 2011, 08:53:00 AM |
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Deflation and Bitcoin, the last word on this forum Economics
(0.97 - 1.05) + ((1.05^1 - 0.03) - 1.05^2) + (1.05^2 - 0.03 - 1.05^3) + ...Still…
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n/a | JoelKatz | August 05, 2011, 08:13:03 AM |
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How to profitably create Bitcoin forks without causing economic chaos Altcoin Discussion
They could even make a business model out of this by charging a fee for issuing…
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n/a | JoelKatz | August 05, 2011, 06:27:04 AM |
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Dan Kaminskys thoughts on scalability Development & Technical Discussion
I am curious what the thoughts are on merged mining and alternative blocks. Woul…
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n/a | JoelKatz | August 05, 2011, 06:20:40 AM |
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Dan Kaminskys thoughts on scalability Development & Technical Discussion
Agreed that the signature checking burden can certainly be distributed. But, do…
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n/a | JoelKatz | August 05, 2011, 06:18:49 AM |
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BitCoin Deanonymization Development & Technical Discussion
@dakami:In your slides* you mention the myth that some security properties are b…
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n/a | JoelKatz | August 05, 2011, 05:48:08 AM |
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Deflation and Bitcoin, the last word on this forum Economics
1 btc = 1 stc (year 0) 1 btc = 1.05 stc (year 1)1 btc = 1.1025 stc (year…
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n/a | JoelKatz | August 04, 2011, 08:07:26 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
I would also be delighted to have explained to me how borrowing money at interes…
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n/a | JoelKatz | August 05, 2011, 04:54:19 AM |
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embedded ascii in the blockchain Development & Technical Discussion
Thanks, jackjack.
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n/a | JoelKatz | August 04, 2011, 08:15:05 PM |
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BitCoin Deanonymization Development & Technical Discussion
Connect to every node in the cloud, discoverable via sweeping/IRC/get_peers mess…
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n/a | JoelKatz | August 04, 2011, 07:36:42 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
JoelKatz, in simple laymen's explanation terms, if I were to take out a 30 year…
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n/a | JoelKatz | August 04, 2011, 03:09:34 PM |
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Using hash power to crack aes256 file? Off-topic
The problem is that this is a "front door" attack, attempting to do exactly the…
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n/a | JoelKatz | August 03, 2011, 05:16:20 PM |
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[UABCI] September 27, 2011 U.S.Department of the Treasury might regulate BitCoin Bitcoin Discussion
bitcoins are information, strings of bytes. That is communicated from one comput…
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n/a | JoelKatz | August 03, 2011, 05:14:07 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
It doesn't matter much how predictable the currency is - as long as there's the…
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n/a | JoelKatz | August 03, 2011, 04:30:31 PM |
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DO NOT SELL TO BOTS OR BUY FROM BOTS Bitcoin Discussion
Bots themselves and the occurrences of their use so easily. The markets need…
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n/a | JoelKatz | August 03, 2011, 08:17:20 AM |
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Using hash power to crack aes256 file? Off-topic
If you could try a billlion, billion keys per second, for a billion centuries, y…
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n/a | JoelKatz | August 03, 2011, 08:15:28 AM |
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Deflation and Bitcoin, the last word on this forum Economics
Let's say we have a currency with an expected deflation of 5% for the next fifte…
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n/a | JoelKatz | August 03, 2011, 08:07:23 AM |
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DO NOT SELL TO BOTS OR BUY FROM BOTS Bitcoin Discussion
not always... if it was on a exchange then yes.but if a friend wanted to buy fro…
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n/a | JoelKatz | August 03, 2011, 07:31:44 AM |
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Open questions to Jered and Alan of Tradehill Bitcoin Discussion
If the bank is sending checks drawn on the bank's own account, then you are righ…
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n/a | JoelKatz | August 03, 2011, 07:23:25 AM |
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DO NOT SELL TO BOTS OR BUY FROM BOTS Bitcoin Discussion
but again if you only have $10. you will get more btc when you buy at 9 instead…
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n/a | JoelKatz | August 03, 2011, 07:20:01 AM |
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[UABCI] September 27, 2011 U.S. Department of the Treasury to regulate BitCoin Bitcoin Discussion
Bitcoins are not, in any sense, "paid in advance'.they consider phone cards (e.g…
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n/a | JoelKatz | August 03, 2011, 07:19:06 AM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
That doesn't work. When you spend the ten bitcoins initially, the value you get…
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n/a | JoelKatz | August 03, 2011, 07:12:32 AM |
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Deflation and Bitcoin, the last word on this forum Economics
I don't buy your "deflation is factored in the current price of the currency" ar…
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n/a | JoelKatz | August 03, 2011, 07:09:03 AM |
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DO NOT SELL TO BOTS OR BUY FROM BOTS Bitcoin Discussion
no offence but i think that you got it backwards...if i have $10.and i place a b…
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n/a | JoelKatz | August 03, 2011, 07:05:52 AM |
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[UABCI] September 27, 2011 U.S. Department of the Treasury to regulate BitCoin Bitcoin Discussion
QuotePrepaid access. Access to funds or the value of funds that have been paid i…
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n/a | JoelKatz | August 03, 2011, 07:04:22 AM |
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DO NOT SELL TO BOTS OR BUY FROM BOTS Bitcoin Discussion
if that happens, the bot has to make the price lower, so it can buy more.You hav…
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n/a | JoelKatz | August 03, 2011, 06:56:40 AM |
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Open questions to Jered and Alan of Tradehill Bitcoin Discussion
If it doesn't have your routing and account numbers on it, it isn't a check.You…
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n/a | JoelKatz | August 03, 2011, 06:52:54 AM |
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Deflation and Bitcoin, the last word on this forum Economics
I've make an example here on how deflation discourages investments in real capit…
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n/a | JoelKatz | August 03, 2011, 04:38:47 AM |
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Open questions to Jered and Alan of Tradehill Bitcoin Discussion
Why couldn't Tradehill give the possibility of withdrawing money to moneybookers…
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n/a | JoelKatz | August 03, 2011, 02:28:21 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
You can find them anywhere since 99% of people do not understand how banking wor…
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n/a | JoelKatz | August 02, 2011, 06:28:42 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
But with deflation, money has an advantage over other capitals. When you buy cap…
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n/a | JoelKatz | August 02, 2011, 01:39:14 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
I'm afraid the effect that you're hoping will cancel out the effects of deflatio…
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n/a | JoelKatz | August 02, 2011, 01:11:14 PM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
It's fraud because banks make you think their IOUs=dollars, when in fact they ar…
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n/a | JoelKatz | August 02, 2011, 12:09:41 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
The business should have grown at a 5% rate too to compensate deflation. The int…
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n/a | JoelKatz | August 02, 2011, 12:02:42 PM |
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p2p way to discourage fraud Bitcoin Discussion
Here's how I see it:Fraudster: I have $100, I want to buy 6 bitcoins.Victim: Oka…
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n/a | JoelKatz | August 02, 2011, 11:56:04 AM |
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p2p way to discourage fraud Bitcoin Discussion
In both cases, you can only cause someone to lose coins, you can't get them your…
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n/a | JoelKatz | August 02, 2011, 11:46:20 AM |
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Long poll delay statistics, choose the optimal pool Mining
The default bitcoin client has a two second delay after solving a block before i…
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n/a | JoelKatz | August 02, 2011, 11:39:21 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
Here's how banks counterfeit money. You deposit $100. The bank loans out $80 of…
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n/a | JoelKatz | August 02, 2011, 11:35:52 AM |
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p2p way to discourage fraud Bitcoin Discussion
The sender has two options with promised coins, finish payment, or destroy. Dest…
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n/a | JoelKatz | August 02, 2011, 10:19:06 AM |
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TradeHill - Dwolla is being scammed and reversing transactions Bitcoin Discussion
Dwolla: Oh no, the user did a chargeback because 1) he claims he never received…
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n/a | JoelKatz | August 02, 2011, 10:09:55 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
in an inflationary currency you mostly just give your money to someone who can i…
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n/a | JoelKatz | August 02, 2011, 09:49:23 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
But I am not fine with the fractional reserve banking yet. Isn't it nonsence to…
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n/a | JoelKatz | August 02, 2011, 09:02:23 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
And again a downside of interest: the poor pay the rich!! Only rich people can g…
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n/a | JoelKatz | August 02, 2011, 08:58:29 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
But where does the money to pay the interst come from?From the opportunity value…
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n/a | JoelKatz | August 02, 2011, 08:18:19 AM |
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Bitcoin Escrow/MiddleMan Service? Services
We will ask them to show proof that the payment was claimed as unauthorized. It…
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n/a | JoelKatz | August 02, 2011, 03:50:21 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
Perhaps that's what he meant. However, I believe this economic analysis is incor…
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n/a | JoelKatz | August 02, 2011, 03:35:16 AM |
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TradeHill - Dwolla is being scammed and reversing transactions Bitcoin Discussion
Tradehill, you're blaming the wrong person, it's not Dwolla's fault that users a…
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n/a | JoelKatz | August 02, 2011, 03:27:04 AM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
Hmm... I never thought of it that way... makes sense and understandable because…
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n/a | JoelKatz | August 02, 2011, 03:21:28 AM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
Will you give me 100 bitcoins today if I promise to give you 100 bitcoins next y…
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n/a | JoelKatz | August 02, 2011, 03:17:36 AM |
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Bitcoin Escrow/MiddleMan Service? Services
Consider:1) The item is a diamond ring. The buyer says he opened the package, it…
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n/a | JoelKatz | August 01, 2011, 09:19:10 PM |
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Banks are fundamentally unnecessary and actually dangerous for bitcoin Bitcoin Discussion
Banks originated as goldsmiths who stored people's gold and gave out paper certi…
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n/a | JoelKatz | August 01, 2011, 09:14:05 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
What do I mean, let's say you take out a loan for 200 BTC in 2050, for the year…
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n/a | JoelKatz | August 01, 2011, 06:11:42 PM |
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have question about btc wallet transactions. Beginners & Help
Check if you see the transaction in block explorer first. If you don't see it th…
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n/a | JoelKatz | August 01, 2011, 03:42:42 PM |
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vanity private keys Development & Technical Discussion
1) Use the first or last x number of characters as vanity part. 186YpATQehFZwhVp…
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n/a | JoelKatz | August 01, 2011, 07:15:04 AM |
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0.01 BTC fee on 0.01 BTC transaction? Development & Technical Discussion
If I'm not too bothered by a single transaction fee before making a lot of small…
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n/a | JoelKatz | August 01, 2011, 07:12:10 AM |
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Buying Bitcoins - Why is Dwolla/Paxum middleman required? Bitcoin Discussion
So dwolla is basically an escrow, then ?That was what they claim, but that is no…
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n/a | JoelKatz | August 01, 2011, 06:08:18 AM |
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Did mybitcoin use our money? Beginners & Help
I saved a couple addresses in mybitcoin in a notepad and the coin haven't been t…
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n/a | JoelKatz | August 01, 2011, 05:25:50 AM |
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Unable to compile bitcoin Bitcoin Technical Support
Something went horribly wrong when Berkeley DB configured itself. It should have…
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n/a | JoelKatz | August 01, 2011, 04:58:47 AM |
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Transactions won't announce/process Bitcoin Technical Support
Did you try restarting the client with a '-rescan' flag?
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n/a | JoelKatz | August 01, 2011, 04:55:22 AM |
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Negative balances & Moving coins- 2 questions Development & Technical Discussion
So can the fee only be taken from another address within the same account, or al…
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n/a | JoelKatz | August 01, 2011, 03:10:27 AM |
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embedded ascii in the blockchain Development & Technical Discussion
Does anyone know which block the ASCII is in?
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n/a | JoelKatz | August 01, 2011, 02:23:07 AM |
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Bitcoin is a magnet for hackers and crooks Bitcoin Discussion
What possible difference could the frequency of hack attempts make? Do you inves…
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n/a | JoelKatz | August 01, 2011, 02:19:32 AM |
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What is it about bitcoin that brings the "pan-handler" out of everyone? Meta
What is it about bitcoin that suppresses the freeloader in everyone?
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n/a | JoelKatz | August 01, 2011, 02:17:08 AM |
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0.01 BTC fee on 0.01 BTC transaction? Development & Technical Discussion
Is there some threshold number of confirmations or amount where there isn't a co…
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n/a | JoelKatz | August 01, 2011, 02:15:26 AM |
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Deterministic wallets Development & Technical Discussion
I am wondering the same thing: if the wallet is deterministic and you publish se…
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n/a | JoelKatz | August 01, 2011, 12:48:35 AM |
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0.01 BTC fee on 0.01 BTC transaction? Development & Technical Discussion
Are you 'gathering' a large number of very small transactions together? That ten…
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n/a | JoelKatz | August 01, 2011, 12:46:36 AM |
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bitcoind 17mb? How to shrink it after compiling? Development & Technical Discussion
I would recommend not stripping it unless you have some specific need to. The la…
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n/a | JoelKatz | August 01, 2011, 12:44:46 AM |
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Sold 0.008 btc for over 11,000 USD at mtgox Bitcoin Discussion
Dwolla has stated up front from when I first heard about them that ACH chargebac…
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n/a | JoelKatz | July 31, 2011, 06:45:31 PM |
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Bitcoin Microformats: A easier way to send money Beginners & Help
Obviously money can go to the wrong person if someone hijacks the website or DNS…
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n/a | JoelKatz | July 31, 2011, 11:05:22 PM |
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Seriously, though, how would a libertarian society address global warming? Politics & Society
That's not possible unless you have a centralized, relatively single-minded soci…
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n/a | JoelKatz | July 31, 2011, 10:27:08 PM |
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Bitcoin Loans and Lending; The Weakness in The Bitcoin Economy Economics
So, deflation has been built into the value of bitcoin as it's fluctuated from $…
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n/a | JoelKatz | July 31, 2011, 10:23:16 PM |
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Open questions to Jered and Alan of Tradehill Bitcoin Discussion
Tradehill: Will you reconsider your decision to stop allowing Withdrawals from T…
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n/a | JoelKatz | July 30, 2011, 06:59:53 PM |
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On the viability of Dwolla... Trading Discussion
Katz, you are incorrectly attributing that quote to me, above. I think that was…
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n/a | JoelKatz | July 30, 2011, 06:57:28 PM |
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On the viability of Dwolla... Trading Discussion
QuoteQuoteIn the event a dispute shall arise between the parties to this [contra…
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n/a | JoelKatz | July 26, 2011, 03:46:15 AM |
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Paxum Questions and Concerns Service Discussion
In plain english : "if for any reason we dislike you we get to make stuff up, cl…
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n/a | JoelKatz | July 30, 2011, 06:54:15 PM |
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TradeHill - Why we no longer accept Dwolla and an open letter to Ben Milne Bitcoin Discussion
Exactly my thoughts.Yeah. If I had noticed that you had already said exactly the…
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n/a | JoelKatz | July 30, 2011, 06:52:08 PM |
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Seriously, though, how would a libertarian society address global warming? Politics & Society
2) Global warming is a real problem. In this case, those individuals who are rea…
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n/a | JoelKatz | July 30, 2011, 04:46:03 PM |
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TradeHill - Why we no longer accept Dwolla and an open letter to Ben Milne Bitcoin Discussion
With the way I suggested, Tradehill would only use Dwolla to send money to its e…
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n/a | JoelKatz | July 30, 2011, 04:40:22 PM |
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Seriously, though, how would a libertarian society address global warming? Politics & Society
Actually, in a truely libertarian society, no one would give a shit about global…
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n/a | JoelKatz | July 30, 2011, 01:03:15 AM |
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Dwolla Fraud - How it happened Bitcoin Discussion
I dont know how much data a router logs, but they might log the mac of all conne…
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n/a | JoelKatz | July 29, 2011, 11:49:49 PM |
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Announcement from Dwolla CEO on Blog (today) Bitcoin Discussion
Okay, I don't understand. Jack deposits money in his Dwolla account. Then Jack t…
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n/a | JoelKatz | July 29, 2011, 11:32:33 PM |
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Paxum.com Issues: Recommend *Against* Using Paxum Now Service Discussion
is there any risk why tradehill stopped dwolla withdrawals???Yeah. The risk is t…
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n/a | JoelKatz | July 29, 2011, 10:27:15 PM |
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