I'm trying out your service. I started a torrent and it downloaded to your server quickly - about 1MB/s. But now when I download it to my system it only comes down at about 40kB/s. This makes it kind of useless to me. My intention was to be able to stream it so I could watch it sooner than waiting for the full torrent to arrive here but at this speed even streaming won't work. I don't think the problem is my link as I often download stuff (including torrents too) that come in at 400-500 kB/s. My ISP rates my line at 5 Mb/s.
So I don't know but at this speed it's not much use. Or maybe there is just some current issue preventing faster downloading?
I have a similar situation, but I found that the best option is to use a download accelerator like FlashGet that allows you to split the file up into multiple simultaneous downloads. Set it to the maximum number of threads and you should be getting faster speeds. And here is the reason why bandwidth gets distributed unevenly amongst downloaders ;| Unless the other site on the server uses much bandwidth (which I don't assume is the case), seeing people complain here about bandwidth issues means we have good usage ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . At some point - given continous growth - it might be worth thinking about the cost (money and work) of an upgrade. It's certainly putting off some user if they only get 40kB/s download. Ideally it should be (most of the time) fast enough for streaming a "normal" DVD-quality avi, so the above use-case (a strong one, I think) can flourish.
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And if MtGox gets hacked? Or targeted by law?
That would be interesting to watch in terms of what kind of a price-finding mechanism would take over.
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Awesome!
question: is this project funded via pmf or kickstart or both?
did you select "bitcoin" or "usd" for funding on pmf?
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"buying bitcoins is way better than playing the lottery: you can win millions _and_ there's actually a decent chance to win" EDIT: any maybe: "jump, you fuckers" ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffarm4.staticflickr.com%2F3014%2F2907411559_117ac480b5.jpg&t=663&c=VbXCGrWexK0PHQ)
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You da man molecular! Works like a charm. I'm not sure if Mt. Gox had problems or if the script you posted earlier in this thread missed something, but the script above works for me. Thanks a lot! BTW, had to change websocket_client to just websocket to get the script to run. Also, I added a simple function to the SocketIO class that allows one to unsubscribe from a given channel: def unsubscribe(S, channel_id): S.ws.send('4::/mtgox:{"op":"unsubscribe","channel":"%s"}' % channel_id) Thanks, I put that in just in case I need it some day ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Anyone else getting errors like these with molecular's script? SSLError: [Errno 1] _ssl.c:1350: error:1408F096:SSL routines:SSL3_GET_RECORD:encrypted length too long SSLError: [Errno 1] _ssl.c:1350: error:1408F10B:SSL routines:SSL3_GET_RECORD:wrong version number SSLError: [Errno 1] _ssl.c:1350: error:1408F119:SSL routines:SSL3_GET_RECORD:decryption failed or bad record mac SSLError: [Errno 1] _ssl.c:1350: error:14095044:SSL routines:SSL3_READ_N:internal error SSLError: [Errno 1] _ssl.c:1350: error:140D2081:SSL routines:TLS1_ENC:block cipher pad is wrong SSLError: [Errno 8] _ssl.c:1350: EOF occurred in violation of protocol Segmentation fault WebSocketException: Invalid frame type
Full log: http://pastebin.com/m4LF3tYsAlso, when these errors start occuring, I notice that bandwidth usage of my ticker script goes up. To like 20 KB/s IIRC. That seems like a lot for a trade every second or so. I figure it might be SSL certificates and the like going back and forth between mtgox.com and my computer. I find it hard to believe that this way of delivering trade information uses less resources than the original websocket API if everyone experiences these errors. I have no idea, never seen this. But maybe you could try with the websocket_client.py I use (change that import back from "websocket" to "websocket_client" and the get file websocket_client.py from pastebin: http://pastebin.com/CTGj735u). I used to have a lot of troubles and tried at least 3 different websocket implemenations until I had a properly working one. I _have_ seen "EOF occurred in violation of protocol", but I guess that's just a nasty disconnect...
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I thought one of the advantages of this company was the extremely low power cost.
Low power cost is one of our advantages. This will still be an advantage using BFL Singles. Wouldn't is make sense to exploit that fact by buying cheap GPU instead of more expensive hardware noone knows the delivery date of?
Adding more GPUs at this point would mean building another mining rig. I am not sure that is the right direction to be heading when FPGA mining is rapidly gaining popularity, difficulty is rising, and the block reward is set to be cut in 1/2 near the end of the year. My vision is for MergedMining to grow to be the most diversified top quality mining company on the GLBSE and I do not think that solely "buying cheap GPU" is the way to fulfill that vision. As for a delivery date, we should have our BFL Single before March 28th. Allright, thanks for the info.
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nice RSM and BTCSYN also received emails from BFL , i think another month before they send.
The race is on... The question is, should we order a 2nd unit? I thought one of the advantages of this company was the extremely low power cost. Wouldn't is make sense to exploit that fact by buying cheap GPU instead of more expensive hardware noone knows the delivery date of?
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congrats on a fast IPO.
I hold shares in 5 mining companies (apparently sold some due to heavy buying going on) and it's a little tedious to track them all. Thanks for doing this, JL421, makes things a lot easier for only 5% of the profits. A bargain I'd say.
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It would really be interesting to find out how many people are trading bitcoins.
Does anyone have an idea how to find it out?
I give a bounty of 10 BTC for the one with the most accurate information.
What are you going to measure that accuracy against? I say 1.234989f82346827341234753274223489728347728823. pretty accurate, right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It's precise, not accurate. I stand corrected. Question still valid, though.
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I actually just put something up about transparency in the M.ETF thread.
M.ETF thread? sorry, forum search turns up nothing. Can you link the thread?
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Who simply decided for London just now? I thought it'd be in Berlin this year? November/December is quite late. The only reason to do it then is b/c of the location and the olympics. London is too expensive if you're not a member of the Rothschild family or in a position of mainstream economics. I thought bitcoin was for everyman/woman?
What if we will have the problem with those tainted coins and a huge mess on who is accepting what percentage of taintedness long before the bitcoin community can discuss it in person? Perhaps December will be too late then? There are some urgent questions that need to be discussed rather sooner than later, on a wider base of members if possible.
The organizers don't have a monopoly on bitcoin conferences. Anyone could organize an earlier conference at some different place, maybe with a different angle and better weather ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . Put enough time between them, invite other speakers, no harm done.
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The challenge with creating alternate currencies is that it's very hard to get the network effect going. My own theory would be: the only kind of place you could create alternate network effect, if you really want to create alternate currency, would be for it to be gold-based. That's something where I think there are enough people that already believe in gold, so you could probably get it to a tipping point. Creating something completely different from scratch is something very hard to do. I have a lot more thoughts on it, but I think you wanna go with gold. [cheers from the crowd and applause]
Uhuh, ok, some remarks of mine: - lots of gold-owners in the crowd
- "Creating something completely different from scratch is something very hard to do" <- let me quote JFK: "we choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard". and also: dude, we kinda did it already, didn't we?
- how would this gold-based currency "idea" of yours work online and why are pecunix and e-gold (started early last decade) not reaching the tipping point yet, then?
- I agree that Thiel did not do his homework on bitcoin.
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Here's a guess:
9th Dec assumes current rate continues.
I expect bitcoin price to increase (on average) throughout the year. Higher price equals more miners. A steadily increasing number of miners means that each block is found slightly faster than anticipated, and that continues for 2016 blocks before the difficulty compensates. Except that the next 2016 blocks have the same: an increasing number of miners.
I'm thinking along the same lines, but don't think the impact will be that large. I'm guessing around Dec. 5th, placed my bet accordingly. I agree with above post that high-electricity-cost miners will anticipate the problem and stop mining, but I think that also traders will anticipate the "drop in supply" as they will call it and that will raise the price in anticipation making mining more profitable again. This is one example of the feedback loops in this whole shebang. It will be highly interesting to observe and it will likely take effect pretty early, like in late summer. I think in the end, not much will change, at least not much more than usual ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I will love to come! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Cool. Will you update us on open transactions?
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Looking forward to it. It will be almost 2013 though ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) coinciding with the mining incentive reduction ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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JL421, thanks for doing this.
I'd be interested in buying some shares of a "managed portfolio contract" as was asked above.
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A savvy criminal would release them slowly through a tumbler over a period of months to purposely keep the exchange rate from being effected and reap the maximum reward. A criminal genius would hold them for years and retire on the wealth.
$200k can give you a pretty nice retirement for life in Thailand, India or the like. BTC 40k can give you a pretty nice retirement on mars.
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It would really be interesting to find out how many people are trading bitcoins.
Does anyone have an idea how to find it out?
I give a bounty of 10 BTC for the one with the most accurate information.
What are you going to measure that accuracy against? I say 1.234989f82346827341234753274223489728347728823. pretty accurate, right? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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One question: you said a project currently has exactly one payment type. It seems to me the site "ticks" in USD. Is it possible for a project owner to specify that he wants to receive the funding in bitcoins and specify the "funds needed" in BTC? I'm assuming everything is currently exchanged into USD at the payment stage, right?wrong thread, sorry guys for the confusion. this was meant for the piratemyfilm bitcoin payment thread: https://bitcointalk.org/index.php?topic=64802, but I somehow managed to post to the wrong thread.
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