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1181  Bitcoin / Mining / Re: 5970? ubuntu? on: April 25, 2011, 08:58:05 PM
Looking to spend about 1000USD for the 1x5970 installation, but would like to have hardware capable of supporting an extra 5970 and adding that later.

Can I reasonably expect the results shown on http://bitcoinx.com/profit/? about 6.5BTC/day with 1x5970?

6.5 BTC sounds about right at the moment. Remember, however, that difficulty changes every two weeks approximately. It almost always increases (it's gone down twice, once fairly recently). As difficulty increases the daily amount of BTC will decrease.
1182  Bitcoin / Mining / Re: Monitoring headless Mining PCs on: April 25, 2011, 06:50:29 PM
Munin is good for this kind of stuff - you could monitor every rig from the comfort of your browser. Cdecker wrote a Munin plugin for monitoring Slush's pool, which would be fairly easy to adapt for other pools.  I've got Munin plugins for fan speeds and GPU temperatures, I've even got a plugin for MtGox prices :-) Munin is very easy to write plugins for.

You don't say what OS or OSs you need this for, but Munin runs on pretty much everything.
1183  Economy / Economics / Re: 1 person can cause a huge rally? on: April 25, 2011, 05:43:55 PM
who is the owner of mtgox? 
MagicalTux is the current owner, I believe.
1184  Economy / Economics / Re: 1 person can cause a huge rally? on: April 25, 2011, 05:39:16 PM
Quote
<toddbethell> and yes, I do believe BTC will way beyoond $2
<xxxxxx> would you care to share with the channel what your buying motivation was?  long-term hold?  short-term speculation?
<xxxxxx> toddbethell: in the short term?
<xxxxxx> and also, do you have any opinion on the rumors of "the mystery 200k" buyer?
<toddbethell> , it is very important that no one at MtGox share information about the movement of funds
<toddbethell> that is a kind of insider trading problem
<toddbethell> cant really prevent it in the new bitcoin economy
<+MagicalTux> toddbethell: no one shares any information other than what's publicly available (past trades, depth of market, etc)
<toddbethell> but at this early stage, that kind of problem would really hurt
<toddbethell> I worried that  when my money was coming into the account but not traded yet, that someone would pass a message... "hay, buy, buy, buy, there is a tone of money comning in!" or something like that.

Earlier in otc mtgox comment somthing like "trading might improve on Monday", to their credit they then clarified this comment saying a group of incoming\delayed wires were to clear after the weekend.

I think it was innocent comment, but I just felt uneasy when I read that.


I assume it was an innocent comment, too, and one that isn't really a surprise. I was watching the market depth during the insane spike a few days ago, and the bottom line totals for bids and asks had dropped markedly by the time the frenzy drew to a close.
1185  Bitcoin / Bitcoin Discussion / Re: Why is the bitcoin value skyrocketing? on: April 23, 2011, 05:11:06 PM
Take a look at historical values, particularly using a log scale (as the link does). The current rally isn't as dramatic (yet!) as the November 2010 or February 2011 rallies. This seems to be how the BTC/USD rate goes - quick, sharp rises followed by slow, shallow readjustments.

In other words: enjoy the ride while it lasts, and don't panic when it ends!
1186  Bitcoin / Project Development / Re: Bounty: Play sound file when block is generated on: April 23, 2011, 04:56:23 PM
I really want the sound to happen when the blocks are generated, not a day later when they are confirmed though....
On *nix I'd pipe the miner's output to a log file (which I do anyway) and then run a scheduled task every minute or so. The task would need to do some magic (this assumes some like DiabloMiner, which normally shows hash rate until a block is generate, then displays a line containing the word "Block"):

Look at the penultimate line of the log file, and do something like...
If the line contains the string "Block" then...
Code:
grep -E 'Block [0-9]+' -o | awk '{print $2}'
... and then compare the value returned (the block number) with the previous value, if a previous value exists, and if it's different (or there is no previous value) then store the new value and play a sound file.

If I had to do this in Windows I'd end up installing Cygwin or similar, but I'm sure that someone with Windows-fu could do a better job than me.

Disclaimer: rough, untested pseudo-code. The grep bit works, nothing else carries any warranty, guarantee, assurance or promise. Your milage may vary, do not drive or operate heavy machinery, DO NOT TAUNT HAPPY FUN BALL!
1187  Other / Off-topic / Re: Free SSL certificates on: April 23, 2011, 04:27:15 PM
Indeed, CaCert certificate is not added everywhere (but they should be in your ubuntu (/etc/ssl/certs/cacert.org.pem), so Chromium use their own embed certificates).
Yeah, I'd checked /etc/ssl/certs and seen cacerts so I assumed it was "just" a Chromium issue. However... I've just tried in Firefox and that's exhibiting the same behaviour.

I stress that this isn't a problem for me - I understand what's going on, and if I was so inclined I could fix it. Rather, it's a problem for non-technical users. For that reason I'd prefer Vladimir's approach to the cacert approach - at least for now, until browsers/distros catch up.
1188  Economy / Speculation / Re: BTC Silver Exchange Rate on: April 23, 2011, 03:10:35 PM
I'll chip in a free bumper sticker to the person who can put together a chart that shows the ongoing silver price as given by Kitco (http://www.kitco.com/market/) vs. the current Mt. Gox rate.  If this is something that is complicated to do maybe there should be a bounty?  I think there could be an active market for BTC/Silver.
It looks to me like the "interesting" part would be Kitco: this is the closest I can find to MtGox's ticker. It contains the current spot price for silver, but would need to be parsed to determine which market (London, New York or Asia) is currently open. It's a plain-text file, not JSON or XML, and is designed to be human-readable more than computer-friendly.

Looks like it would be do-able, but it's not something I could take on right now - sorry!
1189  Economy / Speculation / Re: BTC Silver Exchange Rate on: April 23, 2011, 01:30:57 PM
I'm considering selling some silver for BTC but I'm wondering if anyone has a good chart or source for the current rate.

Thanks!
bitcoinwatch.com has the current rate for gold - don't know if that would help much? If it were me I'd simply use my favourite source for silver prices and my favourite source for bitcoin prices and do the conversion myself... I don't think there's (yet) a bitcoin/silver price source.
1190  Economy / Economics / Re: is it possible to block the MtGox exchange? on: April 23, 2011, 01:20:47 PM
is it? to lock the prices?

if you had many btc(say 10000btc) and you where buying at 1.35 and selling at 1.4. would you lock the market between 1.35 and 1.4? becuse every time some one bouht some coins, and there was't any asking below 1.4, you would gain some profit and the blocking would be bigger...

it that possible?

As soon as the market would move into one direction (many buying or many selling) the "lock" would overflow and the market would break out of the "lock". The only thing it would do is delay a upward or downward trend.
yes but the longer and bigger the lock are the harder it would be to break it, it's will get bigger over time
What happens whenever a clear range appears is that other people flood in, and will over- or under-cut the "locker", Lucy. So... I can see that trading is range-bound, and I smell the potential for profit. I undercut Lucy-locker by placing a sell order at 1.3999. This is successful, and I then overcut Lucy by placing a buy order at 1.3501. Alice sees what's going on, and places a sell order at 1.3998. This is successful, so Alice places a buy order at 1.3502... after Bob, Charlie and Dave have all piled in, the price has settled around 1.375.

Another scenario is that me, Alice, Bob, Charlie and Dave all want to buy more bitcoins. I buy 2000 at 1.4. Alice buys 2000 at 1.4. Bob buys 2000 at 1.4 - well, you get the idea. Once we've all bought what we want Lucy has none left to sell. Lucy could, of course wait for the price to fall to 1.35 and buy more, but how likely is that with a high volume supporting the 1.4 price? I'd suspect that the price would be bullish for a while after our trades. The same scenario, of course, works in reverse.
1191  Other / Off-topic / Re: Free SSL certificates on: April 23, 2011, 12:23:48 PM
Or register on CaCert : https://www.cacert.org/
I get an SSL error with cacert: both their own site and bitcoin-contact.org. This is on Chrome[ium] and Ubuntu. I realise there are ways round this, but as I understand it Vladimir's process avoids this entirely.
1192  Bitcoin / Mining / Re: [Introducing] The Bitcoin Mining Authority on: April 22, 2011, 10:10:48 AM
Come on people! A merchant comes with an offer, you do not like the price you do not buy it. Better yet, offer a competing service which is better and cheaper. But attacking and badmouthing him over his price is just wrong.

You really think his prices are such a rip off  - go create a separate price comparison thread and help consumers to be better informed.

I don't believe it's as simple as that.

This was like someone selling zero-variance mining contracts, offering only 1Ghash/s at £1159 and claiming it's the cheapest way to buy zero-variance mining contracts. I'd complain if someone tried that, and I make no apologies for so doing.

This was about misleading claims. If the merchant hadn't made misleading claims about price they wouldn't have been criticised on their pricing. The merchant addressed the issue, which I appreciate and respect, but - frankly - they shouldn't have made this elementary error in the first place, and I'm surprised that people appear to believe it was OK.

1193  Bitcoin / Mining / Re: [Introducing] The Bitcoin Mining Authority on: April 21, 2011, 06:28:31 PM
LFGTFY - I edited it to say "of comparable systems". Does that sufficiently address the issue?
It does, thank you.

Presentation is key when marketing something - if you appear less than honest it adversely affects the image of the product or service you're selling. It really pays to know your market and be aware of your competitors' offerings, but equally appearing to trash your competitors is less than ideal. Let your pricing and goods/services speak for themselves.
1194  Bitcoin / Mining / Re: [Introducing] The Bitcoin Mining Authority on: April 21, 2011, 06:16:18 PM
you can mine bitcoins on a $300 walmart special computer if you wanted to but you wouldnt get much out of it. Find a system for sale that has the performance of my systems for cheaper.
Fine. Then say that. Don't say...
Quote
We sell everything you need to get started mining Bitcoins at the lowest price on the market
...because it clearly isn't true.
1195  Bitcoin / Mining / Re: [Introducing] The Bitcoin Mining Authority on: April 21, 2011, 06:09:33 PM
Seriously folks, why the hostile attitude?
Allergic reactions to a misleading claim? That's certainly true in my case. I'm sure you provide a lovely service - it'd be even better if your marketing was accurate.
1196  Bitcoin / Mining / Re: [Introducing] The Bitcoin Mining Authority on: April 21, 2011, 06:02:44 PM
please link lower prices.

bitcoinrigs.com's "Professional Rig": $1 more expensive than your cheapest model (which seems equivalent - both use one 6990).

However... their cheapest model is only $899.

Took me twenty seconds in Google. I used "mining rig site:bitcoin.org" to search, and clicked on the first link.
1197  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a scam? on: April 20, 2011, 09:14:11 AM
Lol you have to be kidding. 1 post and you think we are a scam?
don't feed the trolls,
you're talking to a spammer.  Wink
probably got deleted last time, so it just created a new account to spam wow-gold-links
Dammit. I just hunted this thread down so I could satoshi-ise the spammer's signature spam.

I can't remember how the signature looked, but it was something like:

satoshi gold!
More satoshi satoshi!
Yet more satoshi gold satoshi!
1198  Bitcoin / Project Development / Re: BitcoinKarma.com - Help Quantify Risk in Transactions on: April 19, 2011, 04:09:52 PM
1. Integrate your system with the Web of Trust.
1. WOT evaluates websites, this project will evaluate Bitcoin Addresses / Users. Im unsure how this can link in with WOT.
Web of trust in this context refers to the user rating system used at bitcoin-otc, a market for over-the-counter trading.
1199  Bitcoin / Development & Technical Discussion / Re: More divisibility required - move the decimal point on: April 19, 2011, 10:58:14 AM

So after all that .... any update on opinions of how bitcoin should be commonly measured?
One useful aspect of the discussion on measuring wood and metal in AS is that it got me thinking about how the US regulates this compared to metric countries. As I understand it, the US doesn't regulate it: folk are free to use AS or metric as they choose (possibly subject to "not misleading people by using dubious measurements"?)

This seems to me to be the best approach. We can't anticipate what needs different groups of users with different customs will have. All we can do is expect that those needs will differ. A group selling a boat to another group in Somalia, pointing RPGs and AK47s at each other while they wait for the transaction to confirm, is going to use different units to an individual making a micropayment to buy a postage stamp online in Germany.

If we start creating our own units - satoshis, bitcents, whatever - we create something additional to understand before bitcoin can be used. If we stick with The One True Unit (BTC) we can leave creation of units to the end user, and they can use what they feel comfortable with.
1200  Bitcoin / Bitcoin Discussion / Re: Go and download the Alexa toolbar! on: April 19, 2011, 09:10:46 AM
GitHub for example boasts about their Alexa ranking on their wikipedia page (see summary section to the right) http://en.wikipedia.org/wiki/GitHub
Just to be pedantic: Wikipedia considers Alexa ratings credible. (It's not GitHub's Wikipedia page, it's a Wikipedia page about GitHub: Wikipedia editors control it, not the GitHub developers. For the same reason, the Wikipedia article on bitcoin would struggle to become an advertisement for bitcoin - Wikipedia editors unconnected to bitcoin would resist).
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