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  • kpitcher's Avatar
    Today, 04:12 PM
    The first few area easily debunked, I gave up listening after that. Earth horizon can't be seen as a curve? Go buy a gopro and a high altitude balloon. Doesn't cost much to have your very own pics of a curvature of the earth from us living on a sphere.
    10 replies | 241 view(s)
  • kpitcher's Avatar
    06-19-2016, 11:22 PM
    This is actually rather interesting to see how a community achieves consensus on fixing errors. There may be a soft fork or a hard fork that stops the contract theft. The deadline before any ETH can be withdrawn from DAO is still a few weeks away. I have no idea what will happen. ETH did a dive right away yet is climbing back. Depending how this shakes out it could solidify ETH. I'm hanging on to the DAO and ETH I have, not sure of things enough to buy more. It could possibly be a great opportunity.
    4 replies | 234 view(s)
  • kpitcher's Avatar
    06-17-2016, 11:43 PM
    I wouldn't call the DAO a complete scandal. AFAIK, no ETH was lost, it's just being refunded. A hundred million+ crowd funding project was a victim of its own success. This does drive down the price of ETH for a bit, I assume there will be a DAO 2 or whatever.
    4903 replies | 400656 view(s)
  • kpitcher's Avatar
    06-15-2016, 12:54 AM
    One week after the election there are still 2 million ballots uncounted. With Bernie losing by 400,000 votes it's possible he could actually come out ahead. 3 counties called for hillary have flipped since last week.
    3 replies | 165 view(s)
  • kpitcher's Avatar
    06-14-2016, 09:42 PM
    I think you're right and that's why ETH is doing so well. The built in code ability within ETH is very neat. Although we're seeing some of the various problems with the DAO rollout (Which is still the largest crowdsourced project in history with a start of 220 million USD) - the contract written into ETH may violate various laws (Stock, investment, acting as an exchange, so many things...). Although this hasn't hurt the price of DAO so that's a bonus. We're seeing just the beginning of what crypto contracts can achieve and there is still a lot for the community to figure out on how best to use it.
    4903 replies | 400656 view(s)
  • kpitcher's Avatar
    06-13-2016, 10:53 PM
    Most alt coins don't really fall much when BTC gets a surge, most of the alt exchanges price in bitcoin and ignore fiat. (Btc-e being one of the exceptions). It's not like doge became worth more when BTC dropped.
    4903 replies | 400656 view(s)
  • kpitcher's Avatar
    06-13-2016, 10:49 PM
    It's not just the miners that would need to change, it's also all of the clients requiring a change too. It is not a realistic option. I have been involved with some alt-coins. A small one changed the algorithm a year after launch, even with a few month warning and the few sites using the coin all switching right away there was still something like 20% that never switched. Sure there's a difference between shitcoins and bitcoin yet 20% was still a few BTC on the exchanges. People don't like change!
    6 replies | 272 view(s)
  • kpitcher's Avatar
    06-13-2016, 10:42 PM
    The reward for the miners will be cut in half very shortly. This happens along a pre-defined progress every 4 years. This will be the 2nd time it has happened. (50 coin reward became 25, 25 will soon become 12.5) There are many thoughts on what this will mean. It does cut the inflationary coin supply drastically and also makes mining even more difficult to be profitable. How this will affect the price is anyone's guess. My take is it will drive up the price as new coins are harder to get.
    23 replies | 762 view(s)
  • kpitcher's Avatar
    06-13-2016, 06:09 AM
    Still nearly a month before the halvening too. Wow what a climb
    23 replies | 762 view(s)
  • kpitcher's Avatar
    06-12-2016, 12:11 AM
    ha, zerohedge thinks bitcoin is only worth 3 billion market cap in that article
    4903 replies | 400656 view(s)
  • kpitcher's Avatar
    06-11-2016, 10:04 PM
    In the year 6565 You won't need no husband, won't need no wife You'll pick your son, pick your daughter too From the bottom of a long glass tube
    18 replies | 366 view(s)
  • kpitcher's Avatar
    06-08-2016, 02:06 PM
    Helped a local computer store pay one of those encrypt your files, pay to decrypt malware. 1.2 BTC $700 bucks yet it was a business computer and they needed the info. It's moral and ethically wrong but from a technical view it's actually rather slick. Your computer screen gives a website to visit, it's a tor site. -The Tor site has simple directions on how to get Bitcoin from a variety of places -The website walks you through how to do the transaction
    1 replies | 104 view(s)
  • kpitcher's Avatar
    06-07-2016, 09:51 PM
    Not long from now we can sit around and tell 'back in my day I remember when a block reward was 25 coins', followed by a 'Oh yeah, I remember them being 50. 50 whole coins from having your computer churning, none of those fancy ASICs back then' Anyone happen to have some past halvening charts? I'm not sure the past will really apply as mining has consolidated so much, still would be interesting to see.
    1 replies | 164 view(s)
  • kpitcher's Avatar
    06-02-2016, 06:57 PM
    An interesting enough idea yet I just don't see it working in the real world. There are lots of consequences to hooking up a wifi to the internet, as soon as one idiot does something really bad via your home open mesh node you're the one who the cops take all your computers. (It's happened locally, 6 months later all pending charges were dropped). Also I just saw another tech article today about AT&T uverse thinking of changing to data usage caps like cell service. Without backbone nodes the mesh won't do too much. It'd be nice to have an alternative to the backbone monopolies, this just adds another layer on top like a tor hardware node.
    2 replies | 216 view(s)
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About kpitcher

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Programmer, WebMaster, Unix Guru, SQL/Database Expert, Telecommunication


“…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

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