Rule of acquisition #303. Source: reddit/r/bitcoin (click image)
Of course, I don’t completely agree. Yes, keep your BTC savings in your own wallet, preferably offline.
But… you will need third party wallets for trading, for now at least. Maybe with multi-signature transactions, you could trade between persons directly, with the exchange as the signing middle-man, keeping account. That would be interesting!
People ask me what they could do with bitcoins if they had some. I could come up with serious purposes, like buying stuff online. Tonight I found the betting website Bets of Bitcoin, where you can bet on statements that people made, or post your own.
I like the clean design and the clear concept: either you agree to a bet or you don’t.
The minimal bet of BTC 0.1 is a bit disappointing. Wouldn’t it be fun to be right on something for the price of BTC 0.005 and win 0.012, for example?
Anyway, I put one up myself:
Bitcoin difficulty will be higher than 8000000 on March 1, 2013
My bet is Agree for BTC 0.5. Challenge me!
This evening I compared two graphs. Search activity on the term “bitcoin” (Google Trends) and MtGox closing value (Bitcoin Charts) over the years 2011 and 2012.
Google Trends (source)
MtGox closing value (source)
Perhaps not surprisingly, these two correlate nicely.
Google Trends offers some context in the form of articles. The spike in june 2011, was a pure hype. In januari of 2012, bitcoin was central in an episode of The good wife. And finally the rising trend in August 2012 seems due to BitInstant’s debit card. They got featured on CNN Money.
Just ran into an excellent collection of links to statistics on Bitcoin accompanied by a short description. A good starting point for the intermediate bitcoiner.
Een uitstekende introductie tot het Bitcoin betaalsysteem. Prachtig geillustreerd.
So I was toying some months ago with getting 2 GPU’s up and running on an ATX desktop. The resulting computing power was 480 MHash/s while consuming say 500 Watts per hour.
That was child’s play. And not very sensible financially.
The folks at Butterfly Labs are taking bitcoin hardware seriously. First they developed a dedicated device running around 800 MHash/s on 80 Watts per hour. Now they announced a new product line – BitForce SC – that would deliver 40 GHash/s using the same amount of power (source).
That’s magic! And it’s done with an Application Specific Integrated Circuit (ASIC). In other words: a Bitcoin-mining processor with super performance and minimal energy consumation.
The first batch is scheduled for October 2012. I’m seriously considering buying one. The catch: you have to be willing to invest $1300, pay upfront and have faith you’ll be among the lucky ones eligible to receive a unit from the first batch.
Update 2012-08-27: I’ve ordered two SC’s for my Bitcoin investment proposal (dutch). What do you think?
Links:
This is interesting: unlocking your bitcoin savings with a memorable secret phrase.
What I still find hard to conceive is: where is my money?
If I understand correctly, the BTC money is in the system, on a unique, private address that can be accessed using a complex private key. The memorable secret phrase is constructed to be translated into that complex private key.
Wow, that would mean “money in the clouds”. Buzzzy!
This would forego the need to have a wallet stored somewhere. Also, no need to backup your wallet.
You do need to have a good memory or store the secret phrase in a safe. Or you might lose your savings.
Correct me if I’m wrong, please.
Link found on Reddit.
10:26 Update: ik kan soms best oenig zijn. Het is de Firefox BlockSite extensie die ik gebruik om niet afgeleid te worden die de link inactief maakt. Oeps… niks aan de hand dus. Als ik zoek op nu.nl, telegraaf.nl of reddit.com krijg ik hetzelfde resultaat: zwarte links.
Opmerkelijk, wel resultaten, maar je kunt er niet op klikken. Wat is daar aan de hand?
Geen klikbare resultaten voor geenstijl.nl
Nothing wrong with some breakfast for thought. Take a few minutes. Sit back. Listen.
Steve Jobs gives a speech to the graduates of Stanford University in 2005.
I’m pretty harsh on Apple’s strategies, and therefore negatively biased towards Steve Jobs. This speech gives it some balance.
Thanks for the link to JP from Reflect7, who wrote an interesting article on why not to base your business solely on the iPhone.
A quick note to make sure I won’t forget how I did it:
ffmpeg -i hedde-soul_singing.mp4 -acodec mp2 hedde-soul_singing-compressed.mp4
Reduced my 15 second Flip UltraHD movie in mp4 format from 13.8 MB to 2 MB.
The results:
I couldn’t agree more.
http://www.youtube.com/watch?v=sQfoFzJUsb0
Okay, I had decided not to post my experience online, but to give feedback on the customer response form Just-eat provides. But since that didn’t work…
My experience in short:
Luckily, my experience with customer feedback forms trained me to copy my input to the clipboard, just in case.
So here’s the feedback I was trying to give (in dutch):
Goedemorgen,
vrijdag had ik om 20u Japans besteld.
Dat ging vrij eenvoudig. Maar ik ontving geen bevestiging.Toen ik na 15 minuten per chat een vraag stelde kreeg ik geen antwoord. Terwijl er stond dat “Hidde” online was.
Elke 10 minuten even mijn mail gecontroleerd (niet het idee van ontspannen eten laten bezorgen)
Na een dik uur heb ik het restaurant gebeld en die zei dat het eten onderweg was.Zojuist zag ik dat ik wel een bevestigingsmail ontvangen heb vrijdag. Die is om 20u27:33 verstuurd, maar kwam pas 21u20:54 bij mij aan. In de mail headers zie je een vertraging van meer dan een uur:
Received: from mailfilter1.sitebytes.nl (62.197.128.40) by nederhoed.com
with SMTP; 11 Dec 2009 21:20:54 +0100
[...]
Received: from relay.armadahosting.com (relay.armadahosting.com
[195.190.153.92]) by mailfilter1.sitebytes.nl (Postfix) with ESMTP id
22A87708073 for ; Fri, 11 Dec 2009 21:20:52 +0100 (CET)
Received: from BI (unknown [217.116.236.111]) by relay.armadahosting.com
(Postfix) with ESMTP id 0A9D36F9672 for ; Fri, 11 Dec
2009 20:27:33 +0100 (CET)Dus, jullie verstuurden wel een bevestiging, maar deze bleef bij “armadahosting” een dik uur in een wachtrij staan, voordat deze werd doorgegeven aan Sitebytes. Daar heb ik mijn hosting.
Misschien iets om te onderzoeken?
En over het design. De layout is duidelijk en fris. Een prettige website.
Ik vind die dozen rechtsboven minder. Ik gebruik just-eat niet om dozen te bestellen: ik bestel eten.
Mooier zou ik het vinden als je daar eten uit de wereldkeukens zou zien.Succes met jullie bedrijf, vriendelijke groet uit Den Haag, Robert-Reinder Nederhoed
rr@n…d.com
Here is was happened when clicking Send:
A bit disappointing. It probably has to do with the mail header in the comment. But, hey, what about escaping user input?
Now, let’s see if they can be reached on Twitter: @JustEatNL.
This news item shows how social media tools can be applied to reconstruct dramatic events. It’s an enlightening example of accidental collaboration using mobile phones and services such as Twitter.
[vodpod id=Groupvideo.2833246&w=425&h=350&fv=image%3Dhttp%253A%252F%252Fwww.theonion.com%252Fcontent%252Ffiles%252Fimages%252FAPARTMENT_FIRES_article.jpg%26videoid%3D95143%26title%3DPolice%2520Slog%2520Through%252040%252C000%2520Insipid%2520Party%2520Pics%2520To%2520Find%2520Cause%2520Of%2520Dorm%2520Fire]
Needless to say: we had a good laugh.
Margie: “Ik wordt juist gelukkig van kleine dingen. Bijvoorbeeld een hommel”.
Een memorabel moment op ons dakterras, waar een wilde klaver zich heeft gevestigd in de pot van een andere plant.
(Margie: “Especially small things make me happy. A bumble-bee for example”.)
Margie and I went for a walk in the evening sun. We had a mission: try out my new SLR camera. I’m very pleased with the resulting photography. And how I love Flickr! My PC is still busy uploading… we took 300 pictures of which about a hundred passed our judgment.
What do you think?
Other shots of the day:
Dave at his little shop, around 13:00h
My colleague Danielle during lunch break, around 12:30h
And I’m happy with it. Went to a nearby park yesterday with Kessie.
http://www.youtube.com/watch?v=M_am3uTrMhU
via Reddit
Okay, I’m almost back. After a few months of too much work and no play, combined with no sporting (painful knee), the revival of a nasty habit (smoking) and hardly any motivation to cook a healthy meal, I seem to have refound a balance.
Two weeks ago I stopped smoking and stopped working long hours. I even took some days off. Today I will be running the 10km CPC in The Hague. As a preparation I have been on a high-protein diet and trained regularly. With results:
Oh I have to leave. The run starts in 2 hours, wish me luck!
I just love this song originally by the Pixies. Especially this version, since I also love Placebo.
On Youtube I collect decent versions in a special playlist. In case you’re interested.
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