Live data from Hacker News

Listen to Bitcoin

listentobitcoin.com

41–50 of 80 posts

Re: Listen to Bitcoin

#41
post #8
post #7

Beautiful :) I didn't know people were moving around such large sums. I saw a 3400 bc bubble, and a 2000+ bc bubble floating out there. I wish I was able to distinguish what was going on directly from the sounds. Those huge bubbles sounded exactly like the small ones, and when I saw 50 bubbles appear at once, that also did not sound any different than a single bubble. The amount of simultaneous sounds seems to be lim…

Bitcoin clients usually try to diffuse coin ownership by always sending two amounts with one transaction, one (normally smaller) amount is to the receiver, the second amount is to a new address of the sender. So your coins diffuse out over tons of addresses this way, and the true number of coins transferred between individuals is much less than it appears. It can also be extremely unhelpful, for example to this chap…

The problem here is that brain wallets and paper wallets have become popular.

Brain wallets are always a terrible idea, either the pass phrase is too simple and easily cracked, or too complicated and easily forgotten.

Paper wallets are only useful for savings, if you want to spend the coins you should move the full amount.

As said elsewhere, if you use the stock client as designed, and don't use brain or paper wallets, then you should never lose coins.

Re: Listen to Bitcoin

#42
post #11

What's the relationship between a sound (pitch, note, etc) and a transaction value?

after some digging around the JS, I noticed the sound is completely random except the volume which is based on the quantity of bitcoins

var maxBitcoins=1000;var minVolume=0.3;var maxVolume=0.5;var volume=bitcoins/(maxBitcoins/(maxVolume-minVolume))+minVolume;if(volume>maxVolume)volume=maxVolume;Sound.playRandomAtVolume(volume100);

Re: Listen to Bitcoin

#45
post #39

What on earth are people spending this much bitcoin on? I see a multiple $100000 transaction on my screen.

Most of it seems to be just trade volume on MtGox, not actual transactions recorded in the blockchain.

Re: Listen to Bitcoin

#47

There was 20,000 BTC transaction the other day. I wonder how it would have sounded like.

Big Ben, presumably. This is oddly soothing in an "ew, economics" kinda way. I wouldn't mind letting this run in the background for when there's no wind for my windchime.

Re: Listen to Bitcoin

#48
post #45
post #39

What on earth are people spending this much bitcoin on? I see a multiple $100000 transaction on my screen.

Most of it seems to be just trade volume on MtGox, not actual transactions recorded in the blockchain.

Deposits and withdraws of Bitcoin will show, but all trades within MtGox are not recorded in the blockchain. It's just Gox moving balances between accounts.

Re: Listen to Bitcoin

#49
post #8

Earlier quoted context omitted.

Bitcoin clients usually try to diffuse coin ownership by always sending two amounts with one transaction, one (normally smaller) amount is to the receiver, the second amount is to a new address of the sender. So your coins diffuse out over tons of addresses this way, and the true number of coins transferred between individuals is much less than it appears. It can also be extremely unhelpful, for example to this chap…

The problem here is that brain wallets and paper wallets have become popular. Brain wallets are always a terrible idea, either the pass phrase is too simple and easily cracked, or too complicated and easily forgotten. Paper wallets are only useful for savings, if you want to spend the coins you should move the full amount. As said elsewhere, if you use the stock client as designed, and don't use brain or paper wallet…

The android wallet is pretty nifty.
Post reply on HN