negamax

38 ms·

1. 361.▲
   The Bitcoin Ecosystem(mohit.me)

   4 points by negamax 12y ago|0 comments
2. 362.▲
   by negamax 13y ago

   Nopes. Bitcoin's yearly inflation is about 1 million BTC for this year and next few years. So to keep the current price stable, almost 350 million (as of this writing) of new money has to move in BTC.
3. 363.▲
   by negamax 13y ago

   Next 10 years will be all about decentralization of every infrastructure and institution. Only in a trustless system we can have any chance at trust. So no CAs, no authorities.
4. 364.▲
   by negamax 13y ago

   Blockchain is readable as this text. Just get a particular date range and check all transfers for that, filter by an amount!
5. 365.▲
   by negamax 13y ago

   This is beautiful. Totally love it.
6. 366.▲
   by negamax 13y ago

   Have personally spent $70 for forgetting my keys inside. Not the worst money spent but an expensive lesson nonetheless.
7. 367.▲
   by negamax 13y ago

   nop and jmp were my favorite instructions to break key auths. I miss doing that.
8. 368.▲
   by negamax 13y ago

   "Javascript is assembly". ROFL!
9. 369.▲
   by negamax 13y ago

   To me it seems like floats are being converted to int and then code is working with it. I don't think this will create an issue unless the int is overflowing. Any failing testcase?
10. 370.▲
    by negamax 13y ago

    If Bitcoin has x point precision and I multiply every amount by 1e^x. Won't that in essence gives me correct integer value to work with. Provided I haven't overflowed the integer max?
11. 371.▲
    by negamax 13y ago

    Can you explain what's wrong with this? If I had 1 million in $info[ 'balance' ]? Would $bean->Coins overflow?
12. 372.▲
    by negamax 13y ago

    I followed until this far https://blockchain.info/zh-cn/address/1BWxHjJMmfxfu3w9ESDx91... And it goes back to MtGox address. What? Following another chain and ended up here https://blockchain.info/
13. 373.▲
    by negamax 13y ago

    So much speculation and theories. Seems like Occam's razor wins again.
14. 374.▲
    by negamax 13y ago

    This is where cultural gaps kicks in. She might face lots of pressure from her relatives back home if she don't pretend that she tried (I am guessing) but it's a valid possibility.
15. 375.▲
    by negamax 13y ago

    Where do we stop once this kind of arrangement is reached? Do the miners then (or the created group) agree to recover all lost coins? This is very dangerous proposal. Bitcoin's real power is that people can trust each other anonymously
16. 376.▲
    by negamax 13y ago

    I am from India. And worked for over a year on oDesk. I think it's painting the whole industry with a very wide brush. Personally know people in Delhi/Mumbai making very comfortable salary.
17. 377.▲
    by negamax 13y ago

    This month. There's no date. Let's not relate it to recent events. Actually this kind of insinuates what's happening.
18. 378.▲
    by negamax 13y ago

    Actually, broader reason was that people concluded that MtGox have lost all the coins. And will be insolvent. In that event, it be easier to sue them for cash instead of coins.
19. 379.▲
    by negamax 13y ago

    That's exactly what happened. No coins were allowed to be withdrawn from MtGox. That's why people panicked and sold at firesale.
20. 380.▲
    by negamax 13y ago

    Seems like they concluded that panic selling is over and they can't benefit from this anymore? Too bad many of their customers already sold at much lower prices.
21. 381.▲
    by negamax 13y ago

    It really surprises me that Bitstamp has absorbed 100k+ in last 24 hours at current price range.
22. 382.▲
    by negamax 13y ago

    No idea why they didn't just admitted all the wrongdoing at start of this month instead of pulling so much wool. As much as I wish, people recover their coins; I am not sure if there's any trust left in whatever they are going to
23. 383.▲
    by negamax 13y ago

    What do you seek? Minimizing pain, maximizing pleasure. That's what we all are programmed to seek. You find that and associate it with the studies. E.g.s Maximizing pleasure: + Do you want to work in another country/place. Your st
24. 384.▲
    by negamax 13y ago

    I am not sure if this statement is correct or is likely in grey area. The person who sold it to you has gained $200 if they choose to buy now.
25. 385.▲
    by negamax 13y ago

    Yes, because nowhere else it is being sold at that price.
26. 386.▲
    by negamax 13y ago

    Actually they have around .5 to 1%. 10% of already mined BTCs would be ~1.2 million coins.
27. 387.▲
    by negamax 13y ago

    According to the article, the recruitment was from the private sector and pays the market rate. If this was nepotism, then I would had agreed with the waste argument. But just because someone is being paid 10x the majority, doesn't mak
28. 388.▲
    by negamax 13y ago

    That's really cynical. This is as good as saying, put someone under sedatives to get them to reveal their password.
29. 389.▲
    by negamax 13y ago

    Need a big army to enforce all the patents and extort money!
30. 390.▲
    by negamax 13y ago

    According to article 'One analyst has estimated that IBM will cut 13,000 of its more than 434,000 workers'. Not sure how many (what percentage) is in India and how many are affected.