Recent submissions

Comment · 8 years ago
Are you living in 2012? Since 2013 and the snowden revelations, the allegation that IC does at least 30 days full take 100% of internet data traffic (and much longer for encrypted or interesting traffic) is an established fact. Why do you think https penetration is so high today? In 2018, and that big giant data center in Utah, its likely much greater than 30 days. It truly is wizard magic.
Comment · 8 years ago
Technology companies that make DPI technology for censorship should DIAF. If you work at one, you are actively making the world a shittier place. That is all.
Comment · 8 years ago
I very deeply disagree with your sentiment. This kind of thing is about normalising authoritarian intrusion into your life, and total destruction of privacy. Radical transparency for all is the worst possible scenario -- you, me, we all have secrets; Secrets are important for business, they are important for friendship, they are important for the continued prosperity of society. There are many things that you dont have the right to know, and I have the right not to tell you. You are talking about coercively forcing all secrets into the open. I can tell you that many would not live productive, or even long lives if this was the case.
Comment · 8 years ago
Those 3rd party scrapers they use also sell your banking / transaction history. NEVER GIVE AWAY YOUR BANKING CREDENTIALS FOR ANY REASON.
Comment · 8 years ago
Not necessarily. While there is a positive correlation to hashrate and price, the market sets the value of the coin.

Just because miners are making more or less coins does not make them worth less or more. Miners choose when and if they release the coins to the market.

Comment · 8 years ago
The price is the last price paid for the coin. So by definition, if nobody sold any coin, it would only take 250000-6000 dollars for the price to reach 250k.

Its not so much about how much money enters the market, but supply/demand for the underlying asset.

Comment · 8 years ago
Nobody had a gun to the buyers/sellers head. Everyone knows what they are getting into, and markets are a zero-sum game. I have no ethical issues with making profit from trading. I'm sorry that you were not able to take the win. Maybe you should not play games?
Comment · 8 years ago
The limit is somewhere near M2 of planet Earth. Thats quite a high number! something like $10M USD/coin. Would be nice.
Comment · 8 years ago
cost to hash, in electricity. If the cost of mining is greater than the price of the coin, the miners turn off their hashboards. Some like to think of this as a floor, however if everyone turned off their miners the system would fail to produce blocks. The network difficulty will take 2 weeks to adjust, and the miners will start mining again if it is profitable.
Comment · 8 years ago
It seems the definition of 'hacked' is getting looser and looser these days. Sounds like you just consumed services from a SaaS, thats 'hacking' today.
Comment · 8 years ago
As others have stated; Land and Gold can be confiscated; Thieves, Governments, Inflation. Its also hard to move. Any lock can be broken; any safe cracked. I trust in AES with many iterations of SHA512 to protect my coins.

I feel you don't really understand the value that cryptocurrency is adding; It is by its nature very easy to move and cheaper to protect than Gold. Its the long bet against eventually everything will be eaten by the state; or by inflation.

Comment · 8 years ago
And bitcoin has made 100000% in 9 years. Its all a matter of timing.
Comment · 8 years ago
This is really cool! Rather than make the same mistake every other DNS tries, they include the ICANN domains already. I ran the client and started resolving hostnames against it immediately.

Its also mined, so give it a try!

Comment · 8 years ago
Comment · 8 years ago

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