sgornick

14 ms·

91.
by sgornick 16y ago
Ya, scratch that. Which brings up a good point. With Bitcoin, there is no concept of chargebacks. Once bitcoins are sent, they are gone. When you wish to make a purchase with a trading partner where trust has not yet been established, the
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by sgornick 16y ago
How about a Hacker News clone, powered with bitcoins? With witcoin, you earn money every time someone votes or replies to your post. http://witcoin.com
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by sgornick 16y ago
Right now the bitcoin network is calculating at about 500 GHash/second. Only 1 hash is needed to process an entire batch of transactions (a block). Well, technically it is 2 SHA hashes that are needed per block. So 499,999,999,998 of the
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by sgornick 16y ago
Mining is the method how transactions on the Bitcoin payment network get processed and stored. The only reason you would mine is if you wish to invest the significant amount of time, equipment and electricity necessary to do so. Compensat
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by sgornick 16y ago
Dwolla is great, ... but for smaller amounts their $0.25 per-transaction fee is a limiting factor. Especially if what you want to buy is only $0.99, for instance. Also, when you receive Dwolla as payment and want to spend that money using
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by sgornick 16y ago
There's also #Bitcoin-OTC where trading is done over IRC. Here's the Order Book, viewing USD offers: http://bitcoin-otc.com/vieworderbook.php?sortby=price&so...
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by sgornick 16y ago
Does getting Call of Duty: Black Ops(Steam Account) for $26 worth of bitcoins count as enough of a "real use case" for you? http://www.bitcoin.org/smf/index.php?topic=4807.msg70315#msg...
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by sgornick 16y ago
For those who are new to Bitcoin and would like to learn more: The new What Is Bitcoin? video - http://www.youtube.com/watch?v=Um63OQz3bjo Bitcoin FAQ - https://en.bitcoin.it/wiki/FAQ Bitcoin Wiki - https://en.bitcoin.it/wiki/Main_Page
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Movies by request. Rip & upload svc emerges. Pmt using digital currency Bitcoin(movies.witcoin.com)
3 points by sgornick 16y ago|0 comments
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by sgornick 16y ago
A good discussion about Bitcoin from about a month ago: http://news.ycombinator.com/item?id=2200705
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by sgornick 16y ago
Here are two Bitcoin sites that run on App Engine (though the Bitcoin wallet is on an EC2 instance): https://www.clearcoin.com/ http://freebitcoins.appspot.com/ - http://python.witcoin.com/p/152/Python-and-Bitcoin
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by sgornick 16y ago
You mean something just like: http://www.YouTipIt.org ? (add a tip badge on your site and accept bitcoins) Here's a site with a YouTipIt badge: http://www.BitcoinMiner.com YouTipIt's fee is 0.01 BTC per tip, subtracted from the tip amou
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by sgornick 16y ago
Here's why. It is late winter right now -- that means it is conference season for the payment networks that you use today. One of the next ones is at http://www.fontainebleau.com That's where some of the money earned from each transact
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by sgornick 16y ago
Bootstrapping is growing daily: http://bit.ly/bitcoinnodes though there are too many areas where Bitcoin does not yet exist. Hmm ... a benefit? How about "no payment network fees"? When you send $20 to a friend, your friend gets all $20
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by sgornick 16y ago
The switch to 25 BTC will happen at block 210,000, which will happen in January 2012. https://en.bitcoin.it/wiki/File:Total_bitcoins_over_time_gra... Just like how GPU mining made CPU mining unprofitable, something else could come along a
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by sgornick 16y ago
A typical system with a 5970 consumes just under 500 Watts lets say, including the GPU (some examples here: http://www.bitcoin.org/smf/index.php?topic=3892.0 ). That's 12kWh at let's say a $0.12/kWh residential electric rate ( http://www
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by sgornick 16y ago
http://news.ycombinator.com/item?id=2200705
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by sgornick 16y ago
A less expensive payment network is one reason bitcoins might be used. Ask ten people why they use bitcoins and you'll get ten different answers. For some, it will be the ability to send money without needing a bank. For another person
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by sgornick 16y ago
That's been tried! You can run a slightly modified version of bitcoin on a Nokia N900, and it will mine as well. The N900 performs at about a 150 Khash/second level. http://www.bitcoin.org/smf/index.php?topic=2125.msg27918#msg... For
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by sgornick 16y ago
Ecosystem? How about the Payment portion of the ecosystem ... let's take a "competitor", PayPal, for example. When you send $100 to a business using your Paypal, the recipient gets $97, or less. With bitcoin, when you send $100, the reci
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by sgornick 16y ago
Not really, but to make MORE bitcoins yourself you would need to expend a fair amount computing power that chews up a fair amount of electricity. Here's a chart showing that possibly as the price rises, the amount of computing power (and t
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by sgornick 16y ago
Security Now on TWIT tv covered Bitcoin today. Steve Gibson does a pretty decent job describing it. http://twit.tv/sn287 Bitcoin coverage is from 0:41:25 to the end of the podcast.
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by sgornick 16y ago
have you read the blog on Technical Analysis for bitcoin? You might find some good info there: http://mtgox.com/blog
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by sgornick 16y ago
For those who are new to Bitcoin and would like to learn more: Bitcoin FAQ - https://en.bitcoin.it/wiki/FAQ Bitcoin Wiki - https://en.bitcoin.it/wiki/Main_Page How Bitcoin Works - https://en.bitcoin.it/wiki/How_bitcoin_works Installin
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by sgornick 16y ago
Get 0.05 bitcoins, for completing a captcha. http://freebitcoins.appspot.com/ More on Bitcoin: http://www.bluishcoder.co.nz/2010/10/10/a-short-introduction... http://lwn.net/SubscriberLink/414452/b8bf16adf2d1564a/
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by sgornick 16y ago
So it's not just me ... there is now scientific evidence that women are just nuts.
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Tl;dr, need summary of "Celebrities and Shoes on the Female Brain"(rsm.nl)
1 points by sgornick 16y ago|1 comments