If you want to have slaves, you don't put them in a cage,
Pretty much worked for Egypt for a thousand years. Look to Egypt today. Looks like divide an conquer to me. The interim military government even says "external forces" are responsible the outbreak of the sectarian violence going on. |
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It honestly won't happen, even our politicians aren't that stupid after Iraq/Afghanistan.
You still think the politicians are the ones deciding such a thing? Insightful. Also, a war with Iran would never end. I'm a damned militant atheist and even I would do whatever I can to support Iran. Not to mention that everyone with a grudge against you will come together and bitch slap you to your proper place. Not going to happen, at least now. You need to divide and conquer, which is what they did to Arabs. They tried the trick they used on Afghanistan on Iran for the last half century and couldn't make it work either. Anyone here lived through the Iran–Iraq war? What makes you think they want it to end? It is increasingly clear that war in the middle east was designed to never end. A lot of powerful people get rich and gain more control in an environment of endless war. Just pick any family from old money, and check their history... the trail of blood is never far behind. Yeah, peace is just not profitable. Never-ending war, however, very much so. A war on "terrorists and all countries that support them" is very suitable. |
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It's a natural reaction to the low price. Difficulty is dropping by about 300,000 tomorrow.
When difficulty gets low enough for $4/btc to be profitable again, hash rates will rise.
No it was a natural reaction to Deepbit, BTC Guild, and Slush being DDOS'd for hours... Those 3 pools make up a huge chunck of the networks hashing power. Now the strange thing is, with the pools still somewhat crippled, blocks found had almost doubled... Last 10 149112-149122 13/10/2011 12:11 3'634'799.20 x2.15 And 2/3rds of the hashrate on http://bitcoinwatch.com/ is listed as other... You missed the 2 hour window when no block was found, around 2-4 hours ago. I sold all my bitcoins I had on mt.gox when that happened (just in case) then bought them back as things got back to normal. What? Why? Do you think exchange rate follows hashrate? |
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Hell most people w/ 10GH join pools. I know I do. If I had 30GH I would consider solo mining. 30GH is enough to have a high confidence of getting blocks consistantly enough to have solid monthly revenue (to pay that electric bill which comes monthly).
My rule of thumb: average time to find a block should be <= 3 days to solo-mine. Currently this would be the case roughly at >= 20 GHash/s (diff 1.4 million) |
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What company has tens of thousands of machines with anything other than integrated video (likely some Intel POS)?
I've recently been in south Korea. A lot of these people are gamers. The seldomly own their own machines, but go to "PC"-places. Good gfx-cards there, many machines. There's a lot of these places, I mean: a lot of them. I can't understand Korean language, but maybe there are some chains. They also have custom XP installs on these systems... who knows, someone might provide service for a lot of these places and is maybe able to centrally configure machines to mine? |
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I'm really shocked about how many people still mine on deepbit: big fees, no 8-decimal pays, no particular clear interface, no repayment after leaving, risk of deepbit getting more than 50% hash power... with the result it is the most powerful pool.
maybe that's the reason? |
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It honestly won't happen, even our politicians aren't that stupid after Iraq/Afghanistan.
You still think the politicians are the ones deciding such a thing? |
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well i'll go the speculation on this one if i was to make 400,000 btc ~6 months ago i'd be waiting for $10+ to sell, that is 4Million dollars - vastly unprofitable?  ? for 1weeks work and setup? lmao Well you don't make 400K BTC out of rainbows and unicorns. To build the kind of server farm required to generate that many hashes in a week would be something like 100M in hardware. So yeah to buy $100M in hardware, assemble it, mine for week, tear it down, sell the equipment so that hopefully somepoint in the future you could make $10M is very LMAO worthy. Well, at the time with the difficulty only moving from 55k to 76k(march 9th 2011) This is about the area he peaked once at about 200GH then maxed out to just over ~495GH before just going *POOF* Just wanted to provide some more accurate info to help in the speculation.  Awesome, where did you get (the data for) that? Edit to add my conspiriacy theroy; I bet it was Satoshi, upset with the recent advent of GPU mining and wanting to bump the difficulty a bit to give time for more users to get on the bandwagon. i.e spread the wealth. ;p |
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Monthly bump. Any news?
Don't expect anything to happen before Oct. 18th: The case will be heard directly in open court judges (three judges) October 18, 2011 at 10:00 am at the Tribunal de Commerce de Créteil (Pascal building accessible from the shopping mall parking lot "Créteil Soleil".)
Is it me or they keep postponing any decision? I think it's you. That Oct 18 quote is weeks old. If you really want to know, klick "all" pages and search for "october"  |
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That is a tautology. If the line held, bitcoin price would increase at least exponentially from then on.  A tautology is always true... do you maybe mean the opposite (called a "falsum", I believe)? |
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Monthly bump. Any news?
Don't expect anything to happen before Oct. 18th: The case will be heard directly in open court judges (three judges) October 18, 2011 at 10:00 am at the Tribunal de Commerce de Créteil (Pascal building accessible from the shopping mall parking lot "Créteil Soleil".)
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smile. there are 5 points, though :-)
You can draw a straight line through any number of points, provided it's thick enough |
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Doesnt really make sense to pay money for torrents, that are illegal to download, and you can get free and fast from any FREE private torrent site, or even public site. I can see the anonomyous aspect of the service worth something vs public torrenting, but private torrent sites, pretty easy to become a member, get invited, super safe, max download speeds, doesnt seem to make any sense why someone would pay for a service that is already free? And if you wanted to be anonymous you could always use tor. I also dont see how there would be any way for you to provide faster speeds then ones personal max download speed anyways? Example torrentleech, revolutiontt.org both private, pretty much 0 day release, maxes your bandwith out, mine is 1.8mb/s full throttle on pretty much any download and its free. Just dont quite see the upside of paying bitcoins for an illegal free service that already has been in existence for years? What is the benefit of using this method? I guess if your torrents are blocked by your ISP, in college etc then maybe this service would make sense a little, but kinda missing the point, looks like from the site that I would upload a torrent file that I already dowlnloaded and have to the site? I couldnt give a link from a private torrent site I assume? Kinda miss the concept on this one I guess.
you said it yourself: 1.) anonymous aspect, 2.) can use even if bittorrent traffic blocked also: what's that about having already downloaded the .torrent file? 1.) that's only a small metafile, 2.) you don't even have to download it, you can just supply a link to it. |
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For the BTC price to rise we just need another politician talking about Silk Road. The junkies will buy coins and the price will fly. Yay!  Not trying to be negative, but wont the dealers sell most of the coins again? Of course it's still good for bitcoin in general, just not for the price short-term. |
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With regards to advertising on torrent search engines, I will certainly look into it. The only problem is that the service can only be paid for with bitcoin, meaning a large majority of users of those search engines will not be able to avail of the service.
Yes, it would be more of an advertisement for bitcoin than for bitcointorrentz. Not a bad thing per se of course. Text could be something like "safe torrent downloading service payed for by p2p money, bitcoin." Regarding ajax-updates: great, didn't get a chance to check it out yet, though! It seems you're unable to throttle your enthusiasm, a good thing... just don't burn out Regarding low seedcount torrents: I like the idea of a pre-payment warning if that's possible technically. EDIT: didn't read the discussion about the low seedcount torrents. interesting ideas (btjunkie). Maybe it could be simple, though, to refund (or give an option to refund), if the download takes exceptionally long. Of course the user would have to be instructed to not use online wallet services or mtgox or similar to pay if he wants to receive refunds. I don't think however, this is too big of an issue. For me this would likely not occur, because I search on btjunkie and check the seedcount there anyways. Maybe these situations could be handled manually upon user contact by email or similar. On the downside, we might end up with a lot of "dead torrents" we cannot really remove, because, after all, the user payed for them. Hmm, maybe it needs to be handled somehow after all... well, just my thoughts. |
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Please someone make this easier... I really want this to succeed! I can't wait to start passing these around, but not until I can explain quickly/easily to a 50 year old how to use the thing....
1.) go to bitcoin-accepting shop, choose product to buy 2.) place cascasius on counter saying "you accept bitcoin?" joke aside: you're of course right, it's too hard. but for a 50 year old, even using a bitcoin client safely is hard. A lot of people are pressuring gavin to pull the privkey import/export feature. it doesn't do short keys, thought. maybe someonne should talk to sipa about including this or maybe make a patch on top of sipa's "showwallet"? I'm not sure... |
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Maybe you are right. I think I might take a day or two off. It's been pretty full-on over the past 2 weeks!
Any suggestions on marketing then? My current strategies:
1. Dailybitcoins.org
2. Operation fabulous
3. Social media: Google+ and Facebook Like
4. Affiliate system
5. Forum whoring
Perhaps a google adwords campaign... but they are pretty expensive.
AND you have to pay in worthless fiat!
I'm not sure if it'd make sense, but what about the many torrent search engines? |
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Does anyone have any feature requests or feedback on the site so far?
Any and all suggestions will be considered.
From my point of view the important things are taken care of. Maybe it's time to kick back and enjoy your initial success a little. Of course, marketing can never hurt. |
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For one reason or another, gox and crew are dragging there feet on this 1.
I hope they're not sand bagging because they're going to launch a competing product and lock up the api.
I think thats unlikely. That would p.ss off a lot of people. The websocket is also used by bots and custom trading clients, for example. MagicalTux has had websocket on low priority, it seems, and it's been like that for a long time. It's more important to have the trading engine working first |
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It might be really interesting to see "number of hosts per capita" for each country.
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