When you up against companies its incredibly tough to beat them, as they can just write off their costs against their profits.
You are probably correct that its not paying profits immediately, however a company can carry losses upto 6 years forward so they can wait it out.   

If they make loss then big deal, the person can walk away from the business where a person doing always takes the hit up front

Alt coins are probably more suitable as they are more haphazard with markets appearing from out of nowhere with features not seen before.   That whole assessment favours the quicker mover that a single person can be.   we seem to be at a point with btc where its all about economies of scale, strange to apply to a distributed network

So the wallet number is tied to the secret phrase I type in?   Thats my kind of private key to access my balance and so on?    Can someone send me a coin or something as I havent a clue what Im doing, just want to check this is what I think it is

I mine coins with old laptops.  win98 is super duper old though, lol   how is that still working :O

Yes those coins exist, you should look at proof of stake or pos.   This is where you can have a part in the network by hosting the wallet on your machine.   Mostly its relying on your connection but also your existing capital to tie into the value of the network.    Proof of work will generally leave you behind as there are vast resources invented since 1998, I dont see how you could compete but many people have a decent connection and distributed network makes sense to value that and not discriminate. 
 
I think it was pointed out that POW from BTC mostly originates its blocks from just 100 points on the internet.   That seems a bit of vulnerability so a network which takes the opposite view is fair game, try energy coin which I think is still giving some coins out or you can try blackcoin where you would have to buy some and later you will gain some interest, even on an old machine.
   I forget its name now but one coin was suggesting people play a game to win coins (form blocks of work even), just some basic motorcycle 2D game.  Literally fair game :p

If its a unique resource then its possible.   Forget your objections, is the coin filling some vital demand out there.     Personally I dont care about secrecy that much but if there is a big enough market and this is the one coin that can provide a solution then I guess 100 at least is a maybe

Guys, what about the equal opportunities on this.   Seems a bit one sided to me and why limit your market right
Banned in Russia no less, now theres an opportunity :p

Wouldnt a clone of btc get blown out of the water by all the asic that is available, it wont retarget fast enough ?

Not sure what was wrong with spots but it was a long while ago it seems  

Total flop recently was GRL which was a coin where the 'dev' pretended to be a woman and asked for funds for the ipo.     I think that was the sole premise, no doubt they expected to 'raise' alot more funds before disappearing.  


Not sure I agree on shibe as that was POS which surely makes it different to doge.    Whatever label or brand is stuck on them, be it a dog or whatever is no importance really

  The golden monkey awarded for the greatest rip off of that day/week/month

I cant even afford to enter, just how much trading is required to gain a ticket for this draw.  I guess Im just not a bulk kind of guy.  I thought the prize was a tablet or something

Yea that is interesting but bauxite is very much more common.     The thing with gold is it takes alot to actually mine it, apparently this is where they differ

So gold is tied to the oil price especially as this is the worlds most transportable energy source in bulk.   They can refine the alunminum in places where energy is excessive like Iceland with geothermic power, so this ties it far less to the global factors.  Its more of a specialised/industrial product, I think ironical this counts against it for value stored

In 2000 when oil was cheap to the extreme so was gold cheap.  Include inflation and it might have been cheaper then the 1970's.   Its likely both products are linked globally in line with world business, except oil is a heck of lot more trouble to handle

Just trying to check my wallet is working and registered for the giveaway with this address: 9385235404112388273
The checker doesnt seem to say yay or nay so just trying to get familar with this branch of coins

Depends how long they take to do it.    I think its possible so long as they get alot of memory so maybe they can get a source of cheap chips somehow.
The real point might be that asic will always lag behind a graphics card on scrypt-n because computer games are spreading into 4gb now and so the latest cards already have what the protocol is requiring

Thanks, seems to say 1.2m so I guess thats ok.  Even the pool says the hash is ok, but think i will track down a screenshot

Thanks

Can anyone do me a small favour and copy up their command line for darkcoin mining.  I've been doing cpu for ages, but trying to setup sgminer is confusing.
It says its working fine, all accepted but nothing is going to the pool so I guess the work is wrong kernel or some switch Im missing

Put me down for the IPO.  I will setup the details shortly but reserve me a spot till I do that

I will be sending/taking this amount:

I viewed the pics on the other forum and I think people getting a good deal to skype then vid chat for an hour with only 0.1 btc
I'm sure most guys can barely handle 5 minutes of conversing
5 mins worth is hardly feasible for tuition fees though, good luck with the degree and/or job.

    I think you should play the patriot card, think of this all as a grand experiement and as supporting the network.  If bitcoin proves useful to the wider Cam network, that is a ton of money worldwide, billions in that business and would greatly help BTC to be established

Just to confirm Im willing to take part in your IPO detail and I've also sent a PM


If he really likes the coin, thats why he wants to take part.  He profits from an appreciating asset.   Iam interested which part of the coin is especially appealing

Nope because more then one person verifying the campaign is legit is perfectly valid confirmation.   If the sole response was one person posting I'd be slightly worried personally as thats easy to fake.
I say its legit and Ive seen a few  :p

Depends what you call default, when they raise the retirement age for pensions its a form of default.   You are not getting back the expected returns but you will get them at some point, so its arguable I guess.
I'd argue Zimbabwe defaulted but perhaps others would say not but they fulfilled their promise in name only.

Gold has a risk to it in some ways, Im no fan especially but in my judgement its less then the political risk return at present hence I expect it to rise in comparison.  

http://en.wikipedia.org/wiki/Good_faith

If he using the computer anyway then its no problem to have it in the background gaining some shares on a pool and eventually some coins.  Its not a big deal and a single cpu wont make you anything much.

back when a cpu could mine bitcoin and I tried it briefly, nobody was going wow really because the coins werent worth anything. So you have the same scenario now with cpu coins but who knows where they could go.  darkcoin like I mentioned above is getting more demand apparently, Im not tempted to sell it especially though its good to read the various competing features and you can always swap to btc if you like

Quark did spike, about a dollars worth went to over 50.   Not sure now but its well known still, it could propagate further but mining is over mostly for it I think

I believe simple concepts can explain complex ideas so we probably differ there.   Theres not many households finances that could describe a country but there are points which relate
'simplicity is the ultimate sophistication' I think has been said a few times and I'd go with that over any modern political stance

My own take on macroeconomy or any larger picture that seems too unwieldy to even consider is to look at positive feedback and negative feedback scenarios.  I think natural effects outweigh anyone even a financial genius, even a superpower could get swamped by something entirely natural so Im looking at those systems that amplify especially via feedback.

  I do think QE fits into that and probably a few other things in effect now.  Can a strength also be a weakness, simple questions are applicable and I dont have a Phd but I will not defer to the FED on this
 Rickards often gives good examples and info on this theme and it makes sense to me

I dont accept zero risk.   This is like those TV adverts, with a lifetime guarantee.  You will never need to worry (or think) again.   There is not a no zero risk option, this is what we want life to be but there is risk.  Dollars definitely are risky, the question is are they safer then alternative stores of value.
There is demand for dollars, immense demand by billions of people or at least the governments representing them.  There are not even half a billion in USA so the weight of numbers supports the idea of an infallible dollars however I believe it can fail or at the least degrade badly and become volatile.  Something the FED has always sworn they are established to never allow again.

Ben B is on record saying T bills are not money, they are an asset



This is political double speak.  They are increasing the QE every day however they are decreasing the amounts its going up by.  Its still going up and Im still waiting for them to stop nevermind reverse, some 6 years after they started this bailout train

He is probably talking about self bias.   A university is part of the government system it then intends to study.   We could argue education is independent but the amount of money put out by government and the large amounts spent by universities I think puts them into a mutual relationship.    I think Timothy Geithner, Ben Bernanke and BHO have between them one years experience in the real world of business unfunded by taxes and yet they spent trillions with their high qualification and almost zero experience

Whats radical now used to count as common sense