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The size of the blockchain... Bitcoin Discussion
…is pretty small. It fits on the tip of a finger with enough space (46 GB free,…
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n/a | Peter R | May 01, 2014, 05:43:10 PM |
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My credit card is frozen--good opportunity Bitcoin Discussion
I went to place a small order from DigiKey but I got the error "can't process yo…
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n/a | Peter R | May 01, 2014, 02:09:54 PM |
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satoshis seriously, already! its defacto now, forget ubtc and mbtc Bitcoin Discussion
Satoshis or Satoshis (0.00000001 XBT) sounds good to the people here but to the…
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n/a | Peter R | May 01, 2014, 01:00:14 PM |
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What is the standard for capitalizing Bitcoin? Bitcoin Discussion
Bitcoin = payment system / protocol(I told my friend that Bitcoin is a very cool…
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n/a | Peter R | May 01, 2014, 12:17:45 PM |
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In a bitcoin society! What is the role of banks? Bitcoin Discussion
...the major role of banks will still be the same as nowadays: give out loans an…
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n/a | Peter R | May 01, 2014, 11:58:47 AM |
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bitmixer.io and sharedcoin.com questions Service Discussion
...Thank you, Peter R.Yes, I have a blockchain.info wallet, and OK, I hope to tr…
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n/a | Peter R | May 01, 2014, 12:33:54 AM |
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[ANN] Storj - Decentralized Storage Announcements (Altcoins)
I just learned about this project now and I am very impressed. Nice work Super3…
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n/a | Peter R | May 01, 2014, 12:11:51 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
[There is] No such thing as inherent rights or free markets. The inclusion of id…
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n/a | Peter R | April 30, 2014, 05:49:52 PM |
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bitmixer.io and sharedcoin.com questions Service Discussion
...Bump, because I need some guidance! I am considering using a mixing service…
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n/a | Peter R | April 30, 2014, 07:39:05 PM |
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satoshis seriously, already! its defacto now, forget ubtc and mbtc Bitcoin Discussion
I prefer bits. 1 BTC = 1,000,000 bitsPeople are used to having 2 decimals and wi…
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n/a | Peter R | April 30, 2014, 07:13:25 PM |
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If we start including bitcoin miners in houses as amenities. Bitcoin Discussion
You're high if you think computer chips that can process something can ever be m…
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n/a | Peter R | April 30, 2014, 06:36:02 PM |
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Bitcoin Dark Wallet: The Excuse Regulators Needed Bitcoin Discussion
The name is intentional, DarkWallet is created to be radical.Something which dra…
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n/a | Peter R | April 30, 2014, 06:28:20 PM |
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Question about James Rickard "btc as currency dies, but tech stays" scenario Bitcoin Discussion
We'd need a higher-level accounting system to control and track which output the…
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n/a | Peter R | April 30, 2014, 05:07:49 PM |
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Question about James Rickard "btc as currency dies, but tech stays" scenario Bitcoin Discussion
He's talking about colored coins that only use bitcoin micro-transactions to sec…
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n/a | Peter R | April 30, 2014, 02:29:09 PM |
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Bitcoin Dark Wallet: The Excuse Regulators Needed Bitcoin Discussion
The only thing I dislike about DarkWallet is its name. It is a sensible and imp…
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n/a | Peter R | April 30, 2014, 01:13:29 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R007.pdf this could have…
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n/a | Peter R | April 30, 2014, 12:28:14 PM |
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If we start including bitcoin miners in houses as amenities. Bitcoin Discussion
Heater = simple resistor with some protection for people don't get toasted. Supe…
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n/a | Peter R | April 30, 2014, 11:07:49 AM |
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If we start including bitcoin miners in houses as amenities. Bitcoin Discussion
Miners use no more electricity than an electric heater. 100% of the electrical…
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n/a | Peter R | April 30, 2014, 10:25:52 AM |
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The only way forward is to split it. Bitcoin Discussion
satoshis+1Migrating to "satoshis" solves two perceived problems simultaneously,…
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n/a | Peter R | April 30, 2014, 10:09:05 AM |
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U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash Bitcoin Discussion
The nice thing about bitcoin is that you can just check for yourself:http://bloc…
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n/a | Peter R | April 30, 2014, 12:39:49 AM |
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Why Proof-of-Work WORKS Bitcoin Discussion
I am wondering if Jonald is on to something significant. Here's some half-backe…
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n/a | Peter R | April 29, 2014, 07:42:14 PM |
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Why Proof-of-Work WORKS Bitcoin Discussion
I think that other kind of consensus would work if block duration is ensured.Or…
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n/a | Peter R | April 29, 2014, 08:06:46 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I am sorely afraid that the instant (or not too long after) the U.S. stops using…
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n/a | Peter R | April 29, 2014, 01:50:24 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
In a possible Bitcoinshares world, great wealth amounts of shares, perhaps incon…
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n/a | Peter R | April 29, 2014, 01:26:18 PM |
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U.S. Government Is Turning Seized Silk Road Bitcoins Into Cash Bitcoin Discussion
The nice thing about bitcoin is that you can just check for yourself:http://bloc…
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n/a | Peter R | April 29, 2014, 01:21:50 PM |
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Why Proof-of-Work WORKS Bitcoin Discussion
I believe viewing proof-of-work through this lens is valid and possibly novel. …
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n/a | Peter R | April 29, 2014, 12:51:41 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion |
n/a | Peter R | April 29, 2014, 12:36:08 PM |
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Is Bitcoin just a stepping stone to something better? Bitcoin Discussion
Bitcoin is the Beta app.Make no mistake about it, there will come a time to chan…
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n/a | Peter R | April 29, 2014, 12:30:06 PM |
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Spin-offs: bootstrap an altcoin with a btc-blockchain-based initial distribution Altcoin Discussion
Spin-offs: bootstrap your alt-coin with a bitcoin-blockchain-based initial coin…
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n/a | Peter R | April 29, 2014, 12:23:06 PM |
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Safe, zero confirmation transaction with trusted party Bitcoin Discussion
Some people says that unlike our banking card system, bitcoin need 10 minutes co…
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n/a | Peter R | April 29, 2014, 12:13:56 PM |
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Proof of Stake Bitcoin Discussion
So, apart from the guys shouting "rich will get richer" It's not that. It's the…
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n/a | Peter R | April 29, 2014, 12:10:15 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I just thought of something. When did humans begin to most heavily damage the e…
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n/a | Peter R | April 29, 2014, 12:05:13 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Doing work doesn't entitled to anything. You can dig hold and refill them with t…
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n/a | Peter R | April 29, 2014, 11:52:09 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Doing work doesn't entitled to anything. You can dig hold and refill them with t…
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n/a | Peter R | April 29, 2014, 11:41:57 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
The belief that mining somehow "backs" or adds value to bitcoin is like a cult m…
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n/a | Peter R | April 29, 2014, 11:38:02 AM |
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Any way to take the bitcoins out of the U.S. ? Tax Free? Legal
Any way to take the bitcoins out of the U.S. ? Tax Free?Where are bitcoins store…
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n/a | Peter R | April 29, 2014, 11:31:27 AM |
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[ANNOUNCE] Bitcoin Proof-of-Stake Altcoin Discussion
What really matters is whether the users want to own the new coins or the old...…
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n/a | Peter R | April 28, 2014, 05:22:24 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
This is a very bad idea why rewarding Bitcoin early adopters even more? And i'm…
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n/a | Peter R | April 28, 2014, 04:43:12 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
If people want PoS they should go use Peercoin or some other PoS coin. Bitcoin i…
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n/a | Peter R | April 28, 2014, 04:14:29 PM |
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Another reason bitcoin will succeed: US to target Putin's $40 billion stash Bitcoin Discussion
http://www.nytimes.com/2014/04/27/world/sanctions-revive-search-for-secret-putin…
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n/a | Peter R | April 27, 2014, 11:05:15 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
Newton would have seemed to you a heretic [Jorge], for he presented a theory tha…
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n/a | Peter R | April 27, 2014, 03:17:14 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
This is how we make progress in theoretical physics. A good example is Newton's…
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n/a | Peter R | April 27, 2014, 02:55:24 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
What would your incredibly precise model say about this real-world (in more than…
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n/a | Peter R | April 27, 2014, 02:08:02 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
It has already been shown the the model is useful, and that it is in fact reason…
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n/a | Peter R | April 27, 2014, 12:57:28 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
We're still pretty early into the adoption (and usage), and it's too early to sa…
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n/a | Peter R | April 27, 2014, 12:28:36 PM |
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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Speculation
So Blitz (and others): do you have any better ideas? If so, I'm all ears My ide…
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n/a | Peter R | April 27, 2014, 11:53:17 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
What about the DPR seized coins? Perhaps these should be redistributed for the…
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n/a | Peter R | April 27, 2014, 10:35:39 AM |
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Automatic Monthly Payment Development & Technical Discussion
Peter R., I don't believe in web wallet, because I have no way to verify that I…
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n/a | Peter R | April 27, 2014, 10:25:37 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I don't get why people are so prompt to make the analogy PoS=Fiat. In fiat peopl…
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n/a | Peter R | April 27, 2014, 10:00:36 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Is there any economic benefit at all to the network from such a mining? The tran…
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n/a | Peter R | April 27, 2014, 09:37:25 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Brangdon, what SlipperySlope is proposing is an alt-coin. The only way to turn…
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n/a | Peter R | April 27, 2014, 09:31:04 AM |
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Automatic Monthly Payment Development & Technical Discussion
A Coinbase user can give a 3rd party permission to direct debit his account. Th…
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n/a | Peter R | April 26, 2014, 08:23:44 PM |
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Lets talk about bitcoin which features would you like to be implemented? Bitcoin Discussion
How do they pick actually ? I guess its not a manual process. So inserting any f…
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n/a | Peter R | April 26, 2014, 10:34:02 AM |
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Lets talk about bitcoin which features would you like to be implemented? Bitcoin Discussion
miners cannot be picky, ignoring certain transactions. going back to basics of a…
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n/a | Peter R | April 26, 2014, 10:21:45 AM |
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POS inflation.. pointless? Altcoin Discussion
Hi, I was thinking about these Proof of Stake coins coming out.. Blackcoin, Whit…
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n/a | Peter R | April 26, 2014, 05:48:29 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
From a simplified, possible world, business case such as this example, it is cle…
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n/a | Peter R | April 26, 2014, 11:25:07 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
1. I believe that blockchain "spin-offs" are an excellent tool to facilitate ex…
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n/a | Peter R | April 26, 2014, 12:09:28 PM |
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Bitcoin or Gold? What would you pick? Bitcoin Discussion
If the market value is the same, I would take the bitcoins. Here's why:1. I ca…
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n/a | Peter R | April 26, 2014, 03:13:33 PM |
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[ANNOUNCE] Bitcoin Proof-of-Stake Altcoin Discussion
Will the initial distribution of wealth in Bitcoin-PoS be exactly as per the uns…
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n/a | Peter R | April 26, 2014, 02:43:25 PM |
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Use code XBC, not BTC for bitcoins Bitcoin Discussion
My vote (if this were a vote and I had any voting power) would be 'XC0' for 'Cha…
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n/a | Peter R | April 26, 2014, 01:06:15 PM |
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51% attack Bitcoin Discussion
Here are Mike's suggestions:Quote 1. Dishonest blocks can be identified out of…
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n/a | Peter R | April 26, 2014, 12:45:10 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Another way of saying it is that PoW distributes coins to those who invest in mi…
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n/a | Peter R | April 24, 2014, 09:45:51 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
for the remainder of your life bitcoin will be inflationary, it is absurd for yo…
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n/a | Peter R | April 24, 2014, 09:31:25 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
for the remainder of your life bitcoin will be inflationary, it is absurd for yo…
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n/a | Peter R | April 24, 2014, 09:06:49 PM |
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51% attack Bitcoin Discussion
How is it the same problem? And can you summarize/restate the essense of what h…
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n/a | Peter R | April 24, 2014, 07:24:45 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
distribution...is that the main argument against POS?OP seems to be implying eve…
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n/a | Peter R | April 24, 2014, 06:54:48 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
no shares can't be created out of thin airNonsense. PoS is predicated on the no…
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n/a | Peter R | April 24, 2014, 06:49:07 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Bitcoin is already a sharePoW coins are coins because energy (work) is required…
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n/a | Peter R | April 24, 2014, 06:21:48 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
distribution...is that the main argument against POS?OP seems to be implying eve…
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n/a | Peter R | April 24, 2014, 06:18:21 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
no shares can't be created out of thin airNonsense. PoS is predicated on the no…
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n/a | Peter R | April 24, 2014, 06:16:48 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Hmm... Seems to be related to the "pos scheme still needs a pow issuance mechani…
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n/a | Peter R | April 24, 2014, 06:06:21 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
PoS rewards rent-seeking; PoW rewards efficient work. Paying hundreds millions/b…
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n/a | Peter R | April 24, 2014, 05:58:34 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Peter, true.However, what is the inherent value in doing work? What is the inhe…
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n/a | Peter R | April 24, 2014, 05:31:29 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
peter i think you misunderstand what capital is. mining equipment is capital. bi…
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n/a | Peter R | April 24, 2014, 05:12:49 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I would argue that PoS adoption uses more electricity that a PoW global system.O…
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n/a | Peter R | April 24, 2014, 05:02:21 PM |
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51% attack Bitcoin Discussion
How is it the same problem? And can you summarize/restate the essense of what h…
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n/a | Peter R | April 24, 2014, 04:45:28 PM |
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51% attack Bitcoin Discussion
Thanks Danny. I'd say I'm 75% convinced. The missing 25% is due to my belief t…
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n/a | Peter R | April 24, 2014, 04:41:23 PM |
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51% attack Bitcoin Discussion
Only 20% of respondents believe that out-of-band double spend services are not c…
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n/a | Peter R | April 24, 2014, 04:36:00 PM |
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51% attack Bitcoin Discussion
Here's what I'm wondering, Danny. Imagine I'm a miner that control 5% of global…
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n/a | Peter R | April 24, 2014, 04:33:01 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I would argue that PoS adoption uses more electricity that a PoW global system.O…
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n/a | Peter R | April 24, 2014, 04:14:32 PM |
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51% attack Bitcoin Discussion
I'm confused with what exactly your position is now. If I as a miner have a tec…
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n/a | Peter R | April 24, 2014, 03:45:56 PM |
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51% attack Bitcoin Discussion
If I as a miner have a technique to reliably detect malicious blocks created by…
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n/a | Peter R | April 24, 2014, 03:58:26 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I believe PoW is called mining because it relates not to burning bank notes but…
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n/a | Peter R | April 24, 2014, 03:29:31 PM |
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51% attack Bitcoin Discussion
It sounds like we agree then. If miners establish techniques to detect maliciou…
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n/a | Peter R | April 24, 2014, 03:02:25 PM |
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51% attack Bitcoin Discussion
What is your opinion on #1?Miners are free to include or exclude any transaction…
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n/a | Peter R | April 24, 2014, 02:24:01 PM |
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51% attack Bitcoin Discussion
I dislike #2 because I see it as a slippery slope to coin confiscationThere's no…
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n/a | Peter R | April 24, 2014, 01:58:10 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
spin off? is that a fork?Yes, it is a hard-fork of the blockchain. Not a from-s…
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n/a | Peter R | April 24, 2014, 01:35:40 PM |
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51% attack Bitcoin Discussion
Here, what a user with 51% can do and not do: https://en.bitcoin.it/wiki/Weaknes…
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n/a | Peter R | April 24, 2014, 01:30:17 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
spin off? is that a fork?Yes, it is a hard-fork of the blockchain. Not a from-s…
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n/a | Peter R | April 24, 2014, 12:57:38 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
Ok. Less text and more pictures….It is pretty amazing how our infrastructure has…
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n/a | Peter R | April 24, 2014, 10:41:41 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
QuoteThey are two different mechanisms that can be used for achieving consensus…
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n/a | Peter R | April 24, 2014, 11:11:45 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
QuoteThey are two different mechanisms that can be used for achieving consensus…
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n/a | Peter R | April 24, 2014, 10:45:18 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
QuotePoW : consensus is achieved by people who have capital at risk; rewards flo…
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n/a | Peter R | April 24, 2014, 10:27:23 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I'm interested in at least discussing pos for security reasons. I don't think t…
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n/a | Peter R | April 24, 2014, 12:15:09 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
I believe that capital seeks its wisest custodian - optimal for the overall econ…
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n/a | Peter R | April 24, 2014, 09:44:36 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
... with a PoS network we will exploit our natural resources faster than with a…
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n/a | Peter R | April 24, 2014, 01:17:00 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
What you do is create a PoS "spin-off" from the bitcoin blockchain and try to le…
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n/a | Peter R | April 24, 2014, 12:47:19 AM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
The main difference is that PoS doesn't waste a bunch of electricity in doing so…
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n/a | Peter R | April 23, 2014, 11:42:46 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
The main difference is that PoS doesn't waste a bunch of electricity in doing so…
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n/a | Peter R | April 23, 2014, 10:32:39 PM |
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Annual 10% bitcoin dividends if mining were Proof-of-Stake Bitcoin Discussion
good to know that's possible... still I think we should have some mechanism to e…
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n/a | Peter R | April 23, 2014, 09:55:14 PM |
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