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1321  Bitcoin / Mining / Re: Best rig to start with? 2x5830? on: June 06, 2011, 05:52:56 AM
I hope that's true.  it's a confidence blow to have your rig drop below 1 coin/day Sad

I guess I have another 10 days before that.
1322  Bitcoin / Mining / Re: Best rig to start with? 2x5830? on: June 06, 2011, 05:01:23 AM
I have a windows 7 license for sale for 4BTC.  bought on student discount.
1323  Bitcoin / Mining / Re: Best rig to start with? 2x5830? on: June 06, 2011, 04:47:50 AM
some people get higher hash rates, other's get almost exactly the same.

I wouldnt bother.
1324  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 06, 2011, 02:31:26 AM
putting aside the rhetorical games, the point is that the wealth you'd like to have dumped in your lap needs either to come from somewhere else or to be created. those are the only two choices.
Exactly. A person wanting to gain wealth has three ways to do so:

1) Do more work
2) Do more productive work
3) Get wealth from someone else

Option 3 isn't necessarily immoral or illegal (receiving charity is an example, so is winning a bet) but it certainly isn't sustainable for everybody to do it.

If you want to improve your own economic situation and build a better society focus on 1 and 2 and forget about 3. (hint: speculation on stocks or currencies is not 1 or 2)

Wealth that comes from speculation comes from Option 3. If you take out a loan to buy bitcoin, and bitcoin goes up in price, you are snatching wealth from the bank, because the bank could have just bought bitcoin and earned a much higher return. You are also snatching wealth from the people who put their money in the bank, because they too could have used that money to buy bitcoin. The total wealth in the world hasn't changed; you have just changed the proportions in your favor.

no.  if you take on *risk* that the bank wasn't willing to take on and it turns out you were right you have directed wealth from less productive ventures to more productive ventures as judged by the market.

speculation is what brings the market toward equilibrium in supplying people's wants optimally.
1325  Bitcoin / Mining / Re: 2 HD 5830 or 1 HD5850 on: June 06, 2011, 01:43:50 AM
5850 is really great, too bad the cards under $150 are long gone.
1326  Bitcoin / Mining / Re: OC' 5850's for MAXIMUM PREFORMANCE on: June 06, 2011, 01:41:31 AM
might be your mobo.  cards pull power off the mobo as well as the through the 6 pin connectors. 
1327  Bitcoin / Mining / Re: 2 HD 5830 or 1 HD5850 on: June 06, 2011, 01:22:54 AM
I dont know but I do know that the 5830 uses significantly more power than the 5850.
1328  Bitcoin / Mining / Re: OC' 5850's for MAXIMUM PREFORMANCE on: June 06, 2011, 01:02:31 AM
my XFX non reference 5850 is running 950/300 on stock voltage.  I've had good luck with XFX cards running cool.
1329  Other / Obsolete (selling) / Re: Windows 7 pro 32 or 64 bit DVD w/license on: June 06, 2011, 12:59:27 AM
I guess you don't?  Also I'm not sure of the difference but I purchased them through my school for the discount.  AFAIK they are the same as retail copies.

my reputation as nazgulnarsil straddles lots of communities where I have a history (lesswrong, hacker news, and my personal blog most notably). If the key wasnt useful to you we could swap back.
1330  Bitcoin / Mining / Re: Best rig to start with? 2x5830? on: June 06, 2011, 12:54:46 AM
my friend is running the XFX 5830 from tigerdirect and it is running quite cool.  I just ordered one to put in my rig since 5850's are no longer cost effective.
1331  Bitcoin / Pools / Re: BTC Guild - 0% Fees, Long polling, SSL, JSON API, and more [~550 gH/sec] on: June 06, 2011, 12:52:51 AM
quick question, what exactly does the 2.5% donation threshold do?  does it mean that stale/invalid blocks get rewarded the same as regular shares?
1332  Other / Obsolete (selling) / Re: Windows 7 pro 32 or 64 bit DVD w/license on: June 06, 2011, 12:26:04 AM
bump, legit copies of windows might not be exactly in demand for this crowd.  ah well.
1333  Bitcoin / Bitcoin Discussion / Re: 99.9% of Bitcoin Haters are uneducated (regarding Bitcoin) on: June 05, 2011, 11:55:08 PM
99% of bitcoin USERS are ignorant about bitcoin.  Have you seen the econ forum?
1334  Bitcoin / Mining / Re: 2 HD 5830 or 1 HD5850 on: June 05, 2011, 03:53:46 PM
2 5830 if your PSU is at least 600w.

downclock the memory to lower power use.

2x5830 = 500-600 Mh
1x 5850 = 300-400 Mh

I picked up my 5830's for $80 a pop.  Look around, 5850's are over $200.
1335  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 05, 2011, 03:49:57 PM
you're deriving quite a bit from my post.  All I said is that the world is producing half the wealth it should.  This is a counterfactual and so not really worth arguing over but I regard government as pretty much 100% harmful and governments take around 50% of all income in taxes.
1336  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 05, 2011, 03:18:03 PM
unk you drastically underestimate the wealth that is destroyed by parasitic entities.

I'd say the world is producing about half of the wealth it should. 
1337  Other / Obsolete (selling) / rooted Nook Color w/neoprene case 10BTC shipped on: June 05, 2011, 04:41:03 AM
Barely used.  I bought it getting in on the tablet craze to mess around with.  rooted it and used it to watch movies, it has just sat in its case since the first couple weeks.  Includes original box and charger. 
1338  Other / Obsolete (selling) / Windows 7 pro 32 or 64 bit DVD w/license 2BTC on: June 05, 2011, 04:33:56 AM
have 2 copies, either can be used as upgrade or standalone installation.  come like standard OEM copies in white sleeve.  they were purchased with student discount and I don't need them.

2BTC shipped OBO.  Let me know if you want the 32 or 64 bit install DVD, or if you just want the license itself emailed to you.
1339  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: June 05, 2011, 04:09:59 AM
calling for people to take out loans to buy up an appreciating asset in the same article as talking about financial responsibility, efficiency, and freedom is highly ignorant.

also
1340  Economy / Economics / Re: The 2040 problem on: June 05, 2011, 12:18:04 AM
This is not acceptable language.  This is your final warning.  Check yourself or I will.

-creighto

go [censored] yourself.

There, I fixed it.

-creighto
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