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1101  Economy / Investor-based games / Re: Bitcoin Pyramid [Beta] - get 0.01 btc for free! on: September 12, 2011, 06:51:18 AM
Pyramid members deposited 134.15254601 btc and received 136.34604897 btc to their wallets.

At the moment 178 members have deposited, 45 members have profited.

Wow!  Congratulations on the Pyramid success.  When you say "45 members have profited", do you mean they have withdraw more than they have deposited, right?  (Not simply that they have withdrawed something.)

Register here: http://bitcoinpyramid.com/

Thanks Smiley Yes, 45 members withdrew more than deposited (46 already Wink)
1102  Other / Off-topic / Re: Last post to this thread wins 1btc! (no deposit necessary) on: September 12, 2011, 06:48:30 AM
my username is arsenische Smiley

edit:  [for the bittleships promo].
1103  Other / Meta / Re: Info about the recent attack on: September 11, 2011, 07:17:30 PM
no but the freamwork is better for handling fuck-ups. Smiley

php has plenty of frameworks
1104  Economy / Speculation / Re: What caused the $12.50 spike today? on: September 11, 2011, 07:16:31 PM
some times I have a feeling people post something just to increase the counter.. probably need to hide it so that posts are more meaningful
1105  Other / Off-topic / Re: Last post to this thread wins 1btc! (no deposit necessary) on: September 11, 2011, 07:06:59 PM
I think joeyjoe won't spend his/her bitcoin because this thread will never end...  or maybe it will be banned/locked at some point... that's probably the only way for somebody to win Smiley
1106  Economy / Investor-based games / Re: Bitcoin Pyramid [Beta] - get 0.01 btc for free! on: September 11, 2011, 05:12:55 PM
Looks like people prefer not to sell their bitcoins for cheap, but to put them into Bitcoin Pyramid.

Bitcoin Pyramid's income is 139.83856601 btc, i.e. about 40% growth for less than a week:

  • 134.15254601 btc - received from members
  • 5.68602000 btc - received from ads

Pyramid members deposited 134.15254601 btc and received 136.34604897 btc to their wallets.

At the moment 178 members have deposited, 45 members have profited.

Thanks to members and advertisers!
1107  Economy / Speculation / Re: Massive spike to $7 sunday 3PM BST on: September 11, 2011, 04:00:05 PM
I have a sell order at mtgox for 9.36 USD. It is there from august. But it was never executed. So those price movements are not real?
1108  Other / Meta / Re: Info about the recent attack on: September 11, 2011, 07:11:18 AM
I'd like to see the file with leaked hashes
1109  Economy / Speculation / Re: Cosbycoin stops freefall on: September 09, 2011, 08:29:31 PM
oh, somebody just realized bitcoin needs rebranding? lol )
1110  Economy / Trading Discussion / Planned attack at bitcoin? on: September 09, 2011, 08:27:39 PM
Looks like this cosby thing was well prepared and carefully planned. I don't think it is co-incidence that it happened the same day bitcoin price dropped to ~4$, somebody wants us to loose faith in bitcoins... or is it just a conspiracy theory?
1111  Economy / Speculation / Re: If you're not out, get out. on: September 09, 2011, 07:19:52 PM
How can bit walls be fake?

They must have the funds to place them and if they are got hit the transaction is done.

Trading bots remove them as price moves closer so that they are not executed.
1112  Bitcoin / Bitcoin Discussion / Re: If you belive that Bitcoin is over and done with... on: September 09, 2011, 03:23:56 PM
We're still printing them at a quarter million bitcoins a month,  even if they are worth .00001 cent each. 

If someone can logically answer why there is no mechanism to slow down the rate of printing then I want to hear it.

There is such a mechanism.  216000 btc per month is not that much, it is less than 3%. And this percentage decreases every month.
1113  Economy / Speculation / Re: Panic Selling on: September 09, 2011, 02:33:29 PM
i am tired to see it falling.. but there is no much space to fall left... just 4-5 $ down so that everybody is sure it is already at the bottom...  and start a new rally! )
1114  Economy / Speculation / Re: What would happen if bitcoin drops so low mining isn't worth it on: September 07, 2011, 11:36:49 AM
In other threads I've said bitcoin needs casual miners.  A casual miner is someone who runs the mhash/s that they can afford to profit or not, simply because its a little fun and their contribution.  I run 820mhash/s, thats what I can afford to come what may.... what hacks me off is all these peeps who throw up 30 ghash rigs and its obvious that when things get rough they will not be able to maintain it... thus big chunks of the networks hash rate could just fall away.

I don't think people who invested so much into bitcoins will just leave. I think they believe in future, and in fact are probably building more cost-effecient and reliable mining infrastructure.
1115  Economy / Marketplace / *Free* Realtime simple text-to-image service (btc info in static pages & posts) on: September 07, 2011, 06:27:17 AM
I developed simple string-to-png service (inspired by Realtime BTC to $ service). You can use it to:
  • show amount of bitcoins received by specified address
  • show external text data (such as blockexplorer stats) in forum posts, signatures or static site pages
  • obscure email address from spam bots

Usage:
Code:
[img]http://ansrv.com/png?s=<string or url>&c=<font color>&b=<background color>&size=<font size>[/img]

Where
  • s - string to be displayed, or url of string to be displayed (up to 200 chars)
  • c - font color, 6 hex chars
  • b - background color, 6 hex chars
  • size - font size (1-5)

All arguments except s are optional. See also: http://ansrv.com/png?help

Example:
Code:
[img]http://ansrv.com/png?s=http://blockexplorer.com/q/getreceivedbyaddress/19uryzRmxaCRZDoGNk9ykKsqQyZBm1u1o7/1&c=ff[/img][img]http://ansrv.com/png?s= btc donated[/img]
shows: (amount of bitcoins donated to my bitcoin address: 19uryzRmxaCRZDoGNk9ykKsqQyZBm1u1o7)

If you find this service useful, please let me know. In that case I would keep it running, refine & polish the source code, publish it to github and maybe add some new features.
1116  Bitcoin / Project Development / *Free* Realtime simple text-to-image service on: September 06, 2011, 11:30:17 PM
Update: I tried to move this post to marketplace section, but it appeared that I can't delete it from here. If you can - please delete it.

When I try to delete it, I get the error "You cannot delete your own topics in this board.".

When I try to report to moderator, I get the error "You can't report your own post to the moderator, that doesn't make sense!".

Please reply to that post. Sorry for inconvenience Sad
1117  Economy / Speculation / Re: Actually btc is going down because... on: September 06, 2011, 06:08:35 PM
this is why it's down... period.  end of discussion.

http://www.flexcoin.com/calc

It's just pure economics.. nothing more.  nothing less.



Playing with numbers in your form someone can get impression, that if new money doesn't come to bitcoin economy, then bitcoin would drop to 0. But it is not true. If new value doesn't come and the value doesn't leave the system, then it will just inflate slowly until it reaches some minimum (which is much greater than 0). And then it will deflate since some bitcoins are being lost everyday.
1118  Bitcoin / Bitcoin Discussion / Re: I know you guys wanted this on: September 06, 2011, 05:52:16 PM
not even close, it's 100% spot on.  If that dollar figure is not added to the bitcoin economy the price will fall.   The value could be in the form of bitcoins being exchanged for t-shirts, or direct to mtgox for dollars added to buy bitcoins, the end result is however that that value is 100% accurate.

What you are saying is that if amount of bitcoin grows, but amount of goods and services traded for bitcoins doesn't grow, then bitcoins should decrease its value.

This is obviously true and it doesn't depend on bitcion's current price (you can remove it from equation and just show percentage of inflation). To my mind it is not that high for such a risky business, and it will decrease with time Smiley

Moreover, something is being added to the economy every day (people buy bitcoins, goods and services traded for bitcoins, people loose their wallets and many of them expect that in the long term bitcoin economy will grow)... So there are some deflationary factors as well which are hard to estimate. But if you are interested in crashing bitcoin, then focus on inflation, it is understandable Smiley
1119  Bitcoin / Bitcoin Discussion / Re: I know you guys wanted this on: September 06, 2011, 05:37:48 PM
not to this extent.   We're printing a huge amount of bitcoins, more than Zimbabwe at current rates.

True: afaik Zimbabwe abandoned its currency and doesn't print any more Smiley But when it had thousands of %% of inflation, its emission was obviously much much much higher than emission of bitcoins )
1120  Bitcoin / Bitcoin Discussion / Re: I know you guys wanted this on: September 06, 2011, 05:28:34 PM
I figured it would start a serious debate,  but facts are facts... and that formula is a fact.

This formula shows that if value is not added to the bitoin economy, then there should be inflation. But it doesn't show the scale of this inflation.

There is about 7 211 350  bitcoins. About 216 000 is being generated monthly. It means inflation due to emission is less than 3%/month. If nothing is added to the economy, then the inflation would decrease (since amount of bitcoins grows, but amount of bitcoins generated per month is constant). The inflation will decrease even faster when generation bonus is halfed.

But there are good chances that something will be added to bitcoin economy and compensate this decreasing inflation Smiley

In fact, many fiat currencies experience much higher inflation due to heavy use of printing press by their central banks.
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