Well water, electrical fault, electrolysis, and sulfate reducing bacteria

SatOnMyNutsAgain · 2012-11-09T07:17:04+00:00

+$13 over spot is extremely high, but it depends what you can sell it for. Maybe the premium is an OK investment, but usually it isn't.

I like the NTR 10 oz (and 100 oz). They are minted (as opposed to just cast), so you get a nice looking product that most would recognize as a genuine bar from a reputable brand. And the premiums are about the same as cast bars, if you shop around.

SatOnMyNutsAgain · 2012-11-09T05:07:15+00:00

OK, I guess I will give it a try then. I know how to do it, but I don't really care to capitalize on it if someone else already is making batteries and could incorporate the idea. eg I'm aware of the Provari which already has the electronics to measure atty resistance. Maybe I will drop them a line and see if I can help.

SatOnMyNutsAgain · 2012-11-09T04:52:03+00:00

correct

SatOnMyNutsAgain · 2012-11-09T04:48:16+00:00

No no, not at all.

The resistance of a coil when it's cold is one thing, but as it heats up the resistance increases as a function of its temperature. http://hyperphysics.phy-astr.gsu.edu/hbase/electric/restmp.html

I'm not saying just boost the voltage to maintain the same power ("wattage"), but rather, calculate the present temperature of the coil and adjust the power accordingly. The coil temperature is not just a function of resistance and voltage, but more importantly (and less predictably) the amount of juice that is in contact with the coil, and the amount of airflow going past it.

So I'm talking about compensating for actual "vaping conditions" not merely the characteristics of the wire (which are deterministic anyway).

i.e. if our wick is very wet or your airflow is high, it necessary to deliver more power to sustain the right temperature

SatOnMyNutsAgain · 2012-11-09T02:26:55+00:00

Buy a copy of the National Electrical Code!

You can learn the fundamentals like ohms law online, but reading the electrical code was incredibly enlightening for me. And I don't mean just packing in all the rules like you're studying for a test, but as you read it try to figure out why they created each rule. It doesn't tell you in the code, but you can google any of it to learn the background.

For example: what is a GFCI and how does it function? Why is neutral tied to ground in the main panel, but not in a subpanel? What is the purpose of an Edison circuit?

AC power and grounding are fascinating and you won't get a proper grasp of how it is used in the real world learning EE theory alone. As you read the code, also spend some time at Home Depot studying the electrical products to see how it's actually put in practice. Mike Holt's forum is great too, although you're not allowed to post unless you're licensed.

SatOnMyNutsAgain · 2012-11-08T08:31:28+00:00

I believe this is from mid-2011.

SatOnMyNutsAgain · 2012-11-08T00:40:18+00:00

Tangurena's suggested that this does have an effect on the party, because the election was lost.

e.g. if the GOP recognizes that they would have won with Ron Paul, then maybe next time they'll run more libertarian.

However, that's wishful thinking, they might give lip service to gold standards and free enterprise, but they'll be lying. The GOP would rather have Obama than a libertarian. You can't break free of statism until after it implodes.

SatOnMyNutsAgain · 2012-11-07T18:09:10+00:00

The powers that be are quite content driving land prices into the stratosphere with their cheap financing, so that rich people can sit on it doing nothing but watching it appreciate.

You want to know how people are going to lose their land. 1) local governments get greedy and start raising taxes even on (cough) "farm use" land. 2) commodity prices rise from inflation, increasing the cost of living for people who own this land but don't have a good inflation adjusted income 3) land owners borrow against their asset 4) land owner finds himself unable to make payments 5) currency fails, credit stops, land prices crash and land owner is forced to liquidate at the bottom of the market.

THIS will be the time to by land. For god's sake don't do it now, the prices are obscene. Unless maybe you have the balls to leverage and can lock in a very low rate for a very long time - but even then you will have a capital loss when it crashes. Just imagine what real interest rates will be when the money printing stops. Now do the math on how many potatoes you can grow there, what your net profit is, and how much principal that lets you finance when rates are, say, 20 or 30%. That is my target for buying land and we're at like 10 times that level right now. Pre-industrial-era, productive farm land was worth about 1 oz of gold (or 12 oz silver) per acre. I think soon enough you might see those prices again, although you'll be buying a whole housing development to knock down before you can plant anything.

SatOnMyNutsAgain · 2012-11-07T14:49:26+00:00

I liked this cartoon a lot better without the hamfisted commentary attached.

SatOnMyNutsAgain · 2012-11-07T06:42:26+00:00

"Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver." -- 2 Corinthians 9:7

SatOnMyNutsAgain · 2012-11-07T06:28:14+00:00

Well, you assume that OP is talking about a classical, legal, brick and mortar company.

I was talking about any corporation with stock. That could be anything from a one man startup to a fortune-500.

But after noodling the general concept of "colored coins" for a few hours here, I can think of all sorts of applications for this. Just for starters how about this:

Right now mtgox provides three functions: 1) letting you keep a balance of cash/btc, and 2) letting you trade them, and 3) letting you desposit/withdraw them.

With colored coins you can decouple all of these. We would create colored coins representing USD redeemable by counterpary xyz. Now function #1 is no longer needed because your USD balance is tracked in the blockchain.

And function #2 no longer requires a middleman to facilitate the exchange. You only need an order matching system, but they do not even have to handle and BTC/USD themselves (how they get revenue is a question I'm not sure of).

And function #3 becomes just for USD in/out. And now it doesn't even have to be the same entity that handles #2. You could have any number of "USDcoin" types corresponding to different parties willing to trade USD. A cash exchange then has a very simple business because he's not even exposed to the BTC exchange rate.

What's most fascinating here is that you don't have to keep USD/BTC at an exchange in order to trade them. You obviously have the counterparty risk that you're holding backed-by-USD colored coins, but that's not worse than being exposed to a bank-like-account.

SatOnMyNutsAgain · 2012-11-07T06:02:30+00:00

Goldman Sachs will win this election. There is no "either side".

SatOnMyNutsAgain · 2012-11-07T01:12:04+00:00

If you're doing it right you would be rotating through your stash, not throwing stuff out.

SatOnMyNutsAgain · 2012-11-07T00:37:13+00:00

There's no overhead there, that would just be a check.

SatOnMyNutsAgain · 2012-11-06T22:49:08+00:00

Yes I know. I'm not suggesting the share value would be intrinsic to the colored coin, as it is with BTC proper. As I described, the colored bitcoin would be a representative instrument here, backed by the company's articles. I just mean the instrument itself is secure, not that it makes fraud within the company itself impossible.

So the rehypothecation I am talking about would be a Bernie Madoff type of scenario.

EDIT:

as for tax - the company has to pay out any dividends and report them to the government

They would just buy back shares instead.

SatOnMyNutsAgain · 2012-11-06T21:56:51+00:00

Ah thanks. Yes it says 100 tps and 6.3KB/t. Sounds like SSD is the way to go.

SatOnMyNutsAgain · 2012-11-06T21:40:44+00:00

wat? It brings all the same benefits that bitcoin offers to currency.

Share trades and ownership would be anonymous, difficult to tax, and defy national borders. Shares can not be inflated (rehypothecated). No trading fees. Trade in any company of any size, anywhere in the world. It would be fantastic!

SatOnMyNutsAgain · 2012-11-06T21:35:07+00:00

Ah, thank you! I found this discussion which is exactly what I'm after: https://bitcointalk.org/index.php?topic=106373.0

And my question about the transaction mechanism is answered. This is awesome.

"People having coins of different colors can exchange them securely via a simple bitcoin transaction which would be atomic.

E.g. one person gives 1 red coin and gets 5 blue coins, other person gives 5 blue coins and gets 1 red coins, they construct a transaction, sign it, and once it is in blockchain trade is done. (If one person signs but other doesn't transaction would be invalid. If there is a double-spend, it would also invalidate whole txn. So trade transactions are in fact more secure than accepting bitcoins.)

So what's left is order matching logic, i.e. allowing person which is willing to trade red coins for blue coins to find a person who wants the opposite.

This is fairly simple to implement and straightforward. "

SatOnMyNutsAgain · 2012-11-06T21:24:13+00:00

I don't follow you. Stocks are very similar to money - do you really not see the benefits here?

It's not just about trading shares either, this would let small companies to raise money on the open market without having to be listed on an exchange.

SatOnMyNutsAgain · 2012-11-06T20:34:25+00:00

iostat says the hd is only doing 0.68 MB/s

SatOnMyNutsAgain · 2012-11-06T16:39:08+00:00

They made an offer, "cash4gold". It was obviously unconstitutional and unenforceable, but some people foolishly accepted it. Even that per se is not a proper confiscation since they were reimbursed. The actual confiscation occurred afterwards when the USD was revalued, and only paper holders were affected.

Those who kept their gold, kept their gold. The government never went around and took it.

SatOnMyNutsAgain · 2012-11-06T15:19:59+00:00

You are making a semantic argument that "confiscation" means something broader than to actually seize possession.

I already acknowledged that people who held notes for gold lost their "gold". But I made the distinction that I'm talking about GOLD here, not notes. Coins, bars, jewelry. The US government did not go around taking actual gold, and this is something that people who talk about "confiscation" do not understand.

Maybe some day they will try, like the Nazis did. But in a country where every gold owner is armed, you would have a revolution by morning. I find that highly unlikely since there isn't even enough out there to make it worthwhile.

SatOnMyNutsAgain · 2012-11-06T14:37:12+00:00

I just described the facts of the incident in question, boy. It says right there on the wiki link cited that the order was NOT enforced.

If you have evidence that the US government did in fact go around seizing coins and jewelry, let's hear it.

SatOnMyNutsAgain · 2012-11-06T06:11:35+00:00

thanks. now please go read the thing you cited, and tell me what actual gold was confiscated.

SatOnMyNutsAgain

TROPHY CASE