9300+ entries in 1.191s
Pierre_Rochard: increase it at the margin (say 20
%) < increase the block size limit
Pierre_Rochard: gavinandresen: the only way I see is to regularly test at what tx fee the substitution begins happening, and increase it at the margin (say 20
%) whenever the top percentile of fees starts hitting it. Yes, that would involve perhaps semi-annual block size limit increases and an element of judgement. I still see it as a better solution than a much-too-high limit or a contrived algorithm
davout: "You are 100000
% correct. It's funny how easy it is to spot a statist who thinks everything should be controlled instead of letting the market do its job."
danielpbarron: mircea_popescu> apparently they'll want to change bitcoin to gavincoin 1:1 later on, but they don't want to change it at a 25
% discount today. << should better offer it at 25
% over, otherwise they are admitting their coin has the lower value
mircea_popescu: apparently they'll want to change bitcoin to gavincoin 1:1 later on, but they don't want to change it at a 25
% discount today.
punkman: " if a single ls doesn't use up at least 50
% of installed RAM then it is condoning the toxic culture of fat shaming."
assbot: Under Mark Karpeles bitcoin did 3,000,000
%. Under VC capital, merchant adoption, bitcoin bowl it did -80
%. : Bitcoin ... (
http://bit.ly/15trtRm )
felipelalli: Vexual: 80
% don't know what bitcoin is and 90
% of the remaining 20
% think it is a scam. Is that your question?
assbot: BitBet - Bitcoin main net block size to increase in 2015 :: 0.13 B (11
%) on Yes, 1.07 B (89
%) on No | closing in 9 months 4 weeks | weight: 94`308 (100`000 to 1) ... (
http://bit.ly/1sXn2t1 )
mircea_popescu: it's so far 100
% of the bitcoin "told the usg to get fucked" party. once you digest that you might be in a better position to evaluate who matters and who doesn't,
Luke-Jr: I find it very hard to believe MPEX is even 1
% of bitcoin business
mircea_popescu: point being, mpex is, currently, > 50
% of "bitcoin business". like it or not, it's a fact.
nubbins`: "You can clearly see the line by line marks left on this piece that are definitely, without a doubt, with 100
% certainty left by a laser engraver exactly the same as a printer does:"
nubbins`: "I happen to be a woodworker of 40+ years myself (yes, I really am that old) and I contacted WoodCollecter just a couple days ago to see if he was interested in buying some Ironwood, although I never looked at his work. Now i see this and my mind is completely boggled. I did not read every post here, but I can affirm the opinion of a few I saw that have said that the intricate carving in question is done with a laser. I am 100
% sure about
ben_vulpes: (i suspect that when you increase road surface by 10
%, road miles go up far more than that)
mircea_popescu: "when divorce occurence in a population increases by 10
%, the per-capita dependent children figure goes up by 10
%. when 12
%, 12
%. clearly, divorce causes fertility."
mircea_popescu: i would suspect once we've beheaed gavin for things to proceed apace and by 2020 or so to have a more reasonable 50 to 100k move daily, of which that 1
% is then maybe 50 btc a day.
jurov: hm, 1
% in current situation means 5-10 BTC per day
mircea_popescu: currently tx fees are in the range of 0.000000001
% to 0.001
%. they will increase, yes. degrees of magnitude, yes. past 1
% as an average is unlikely, because alternatives will become lucrative enough. such as you know, people would stop "tipping" etc.
jurov: how much
% asks swift?
mircea_popescu: (tbh such a change is pure gunk, bitcoin will NEVER carry 10
% fees, ever. period.)
jurov: let's say blocksize is allowed to go up by 10
% if > 10
% of volume are tx fees in past 2016 blocks (same as difficulty)
mircea_popescu: uh, you want a per tx
% ? i thought you just wanted per block aggregate.
mircea_popescu: not clear why only once in 100, but granted that, 10 btc in fees per block on average is like what, 1mn
% more than now ?
jurov: to avoid then lowering the
% jurov: i'm surprised gavin isn't considering rule like "allow for blocksize increase if tx fees bigger than some
% of coinbase"
mircea_popescu: what's next, bifinex is a lulzy scamfest and btcjam loses 30
% of your moneyz every coupla quarters ?
mircea_popescu: back in the 90s the diesels were pretty economical cause diesel was 30
% off
rithm: idk where i can buy tide 50
% off
mircea_popescu: "Before all of this mess we were already financially struggling. To say that we were living paycheck-to-paycheck is an understatment. My boyfriend is currently underemployed and in school. I gave up 90
% of the hours at my job in order to take this fake nanny job. I tried to explain all of this to the credit union but they were very callous with us saying that our priority needed to be on finding better paying jobs so
mircea_popescu: it's gotten to the point where inflation's being dressed up as necessary. well... it is. should interest rates move to a very liberal 5
% the us is unable to finance even its interest alone.
mircea_popescu: it produced ~400 clicks in 24 hours. which i imagine it's about 100
% of everyone that set eyes on it.
mircea_popescu: ben_vulpes: what are you running, windows on ferrari? << bwahahaha these two. should be cuffed together, endrunkened to 115
% and dropped on a sound stage.
ben_vulpes: anyways, blew my stack on any number of fronts and then had to soothe 51
% and myriad bystanders down.
ben_vulpes: <mircea_popescu> [] "apple is not a technology, apple is a vision" << oh jesus 51
% sent me a bill to review in apple's proprietary spreadsheet format today
punkman: I think there is, but not 100
% sure
assbot: BitBet - The Winkdex: BTC $5000 or more in 2015 :: 9.52 B (24
%) on Yes, 30.87 B (76
%) on No | closing in 10 months 2 weeks | weight: 99`394 (100`000 to 1) ... (
http://bit.ly/1KQZk7o )
jurov: Most entropy sources don't produce "good" random numbers. The source may, for example, produce ones only 25
% of the time. This doesn't negate the value of the source. However, the "obvious" non-randomness must be eliminated; that is the task of the conditioner.
assbot: /alankerlin Hydraulics are usually closed, but that adds mass vs short acting open systems. F9 fins only work for 4 mins. We were ~10
% off.
pete_dushenski: mircea_popescu so naturally the fees on canada's pension scheme have been escalating of late. it was once 1
% of income, now up to 4
% or something
mircea_popescu: kakobrekla: cadchf -40
% in 1h total ponzy. << well... that's a point there, canada totally is a ponzi scheme.
davout: so far the best investment in january: +64
% pete_dushenski: through the first 11 months of 2014, Prius sales were down nearly 16
% compared with the prior year.
mats: for the swiss, inflation is 0
%, some interbank rates are negative, oil is falling, and this move will probably drop imports 10
%+
nOgAnOo: I am making my own 100
% airdrop coin for IRC games called NyanKoin
assbot: BitBet - Bitcoin to drop under 170$ before March :: 1.14 B (81
%) on Yes, 0.26 B (19
%) on No | closed 1 minute ago ... (
http://bit.ly/1BsNAUy )
ben_vulpes: TheNewDeal: since you can only deduct medical expenses over 10
% of your income i think it makes more sense to just burn the hsa down each year
assbot: BitBet - Bitcoin to drop under 170$ before March :: 1.04 B (80
%) on Yes, 0.26 B (20
%) on No | closing in 1 month 15 hours | weight: 98`351 (100`000 to 10`000) ... (
http://bit.ly/14yuHlV )
assbot: BitBet - Bitcoin to drop under 200$ before Feb :: 22.05 B (80
%) on Yes, 5.38 B (20
%) on No | closing in 1 week 16 hours | weight: 50`420 (100`000 to 10`000) ... (
http://bit.ly/1yaoRFc )
assbot: BitBet - Bitcoin to drop under 200$ before Feb :: 6.25 B (54
%) on Yes, 5.38 B (46
%) on No | closing in 1 week 17 hours | weight: 50`499 (100`000 to 10`000) ... (
http://bit.ly/1wYfnXD )
mircea_popescu: "oh there's 100
% support with the gab, 0
% support with the purse, how could this not succeed"
mircea_popescu: if they didn't there'd be 3-5
% casualty rates each year
mircea_popescu: tripleslash: you'd essentially have a narrow window where you could have an easier time manipulating things, but the technicals of mining and others miners would catch up. << "other mienrs will catch up" is so much nonsense. other miners are turning down their rigs as it is with the price today. if diff suddenly jumped 100
%, "other miners" will give up and go home. which is why the other miners are not to be taken too
mircea_popescu: that's why the article says the only stable solution is once 50
%+ of the earth available energy is used to mine.
mircea_popescu: yeah, there's a 15-25
% ish chance by now they actually did and it's just being noised out. tough chance.
tripleslash: or you could have 10
% of the hashrate and find 50
% of the blocks.
tripleslash: you could have ~50
% of the hashrate and still only find 10
% of the blocks
felipelalli: Let me ask you guys a (stupid?) question: "hidden hash power" can be a problem? Suppose I start to invest in mining hardware but I do not turn on my machines. No one will know I am accumulating hash power. So, after a while, if I turn on all my machines I'd have - let's imagine - 80
% of the hash rate. But it would be too late to revert the situation by the community. If big miners start to turn the machines off, they can not be hiding power?
assbot: BitBet - Bitcoin to drop under 200$ before Feb :: 1.05 B (16
%) on Yes, 5.38 B (84
%) on No | closing in 1 week 1 day| weight: 56`348 (100`000 to 10`000) ... (
http://bit.ly/1y65SM1 )
mike_c: sort of a drop != -37
% mircea_popescu: TomServo: Curious, block 338710 had only 1 transaction (the new coins) - is that common? << empty blocks used to make up 10-20
% of the chain a year or so ago.
mircea_popescu: you know those stats that keep going 9x
% of start-ups fail in the first bla bla ?
mircea_popescu: cazalla prolly should get rid of absolute px specification in favour of
%s
assbot: BitBet - LTC to top one bitcent before March :: 0.04 B (4
%) on Yes, 1.06 B (96
%) on No | closing in 1 month 1 week| weight: 93`098 (100`000 to 1) ... (
http://bit.ly/1wNBVdw )
sgornick: Why? 100
% of those will be rejected on the side of the fork from nodes without the hard-fork implemented.
decimation: this phenomenon is demonstrated in obamacare, for instance. the 40
% tax on "cadillac" health plans will start in 2018, presumably after a republican president takes office