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Change the thread title to indicate Resolved status.
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http://www.reuters.com/article/2012/06/21/us-usa-florida-trayvon-idUSBRE85K04320120621(Reuters) - The Florida police chief whose department failed to arrest neighborhood watch volunteer George Zimmerman in the February shooting death of unarmed black teenager Trayvon Martin was fired on Wednesday, the city of Sanford said. police documents released later showed that the lead investigator in the Sanford Police Department believed there was enough evidence to arrest Zimmerman for manslaughter. The investigator wrote in his summary that Martin was not involved in any criminal activity, and that Zimmerman could have avoided the encounter. Additional press: http://www.cnn.com/2012/06/21/justice/florida-teen-shooting/index.htmlEDIT: Includes video of Zimmerman himself walking through the neighborhood and discussing the incident. |
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And, at least behind the closed doors, both AMD and Nvidia GPUs have been shown booting Linux on their own, without requiring a CPU. umm. wat True story, but only in the hands of the engineers that designed them, no one else that I know of has been able to make it happen. |
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Interesting! The 50+ simple two-way in-order Pentium (yes, 1995 Pentium!) like cores feed the same number of 512-bit wide SIMD FP units, with the ability to deliver around 1 TFLOPs peak in double precision at around 1 GHz. |
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By the time the SC is released, he will made nearly $10k, so the upgrade will only cost him $5k. Also he has no import tax to pay and can visit the office to drop the MiniRig and pickup the SC, so he is making a killing here. HERO.
Who pays for overhead costs, such as electricity during this $10k generating-spree ? The ' Electricity Fairy' ? He does. It's a bond, not a stock. |
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Not sure what the point is, really.
the point is, that for BitCoin to thrive, it's going to have to go mainstream at some point. judging by what i've researched, BitCoin will NOT support micro- or nano-transactions efficiently...anything below .1BTC isn't really feasible on a mass scale (think visa volume of transactions), and BitCoin would NOT scale efficiently. and people don't want to wait 1+ hours for a transaction to go through so they can but a sandwich that take 5 minutes to prepare. but i don't want to start with merchants. i'm looking at social networking and rewards. so if i am going to build a virtual economy based on virtual goods, then what backs the value of those virtual goods? for instance, in mafia wars, what makes that Kodiak Bear or the Red Coats valuable? answer: nothing but the players deciding they want to buy these goods, or the value in the properties of the game (attack, defense, etc). but i want to build a virtual economy based ENTIRELY upon BitCoin. not one satoshi or gold piece, strip of cloth or magical gem would exist, except for that it is backed by BTC... as a use-case, consider the idealized satoshi-emerald (as i imagine it). such an emerald might be within the following economy: 100000000 satoshi 10000 ruby 100 sapphire 10 emerald so in this economy, to build an especially rare satoshi-emerald, i would first have to collect 10000000 satoshi and convert that into an emerald. that would take a lot of work to amass that much satoshi, especially converting down to convert back up... anyway, there is a madness to my method. I understand your method, but I question the need of another currency. Could you not use one of the myriads of alternative currencies? And lets assume that suddenly your currency became popular for microtransactions. Why would it not suffer from the same scalability problems are Bitcoin itself? |
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It seems it's more like:
If you own one mini-rig and you want to trade it in, you have to BUY 1 ASIC rig for $30K then trade your mini-rig in + $15K for the second ASIC rig
There's NO trading in with money without buying a similar product with cash as well
WTF ? THAT is completely RETARDED. If you currently own a Mini-Rig and want to trade it in when ASICs are available, you pay $15,000 Cash + Trade in your existing Mini-Rig...and get a new ASIC Mini-Rig in return. What ever gave you the idea you had to buy 2 new items, in order to get credit for an existing one ? So, just in case you missed that... 1x Used Mini-Rig (worth $15,000) + $15,000 cash = NEW $30,000 ASIC Mini-Rig.it's from the quote in the thread YOU started: https://bitcointalk.org/index.php?topic=88634.msg976288#msg976288"I understand how you are confused. This whole thing has not been explained in detail. If it were a straight trade of old equipment for new our business would fold in a week. Here's how it works: if you buy $599 worth of BFL product--say 4 Jalapenos, you are eligible to send in a Single to exchange for 4 more Jalapenos. You must buy something to be eligible to trade something of equal value. And you don't have to send in your old equipment when you pay for the new--you send it in when you are notified that your ASIC equipment is ready to ship. Does this make sense to you? Jody" YOU MUST BUY SOMETHING TO TRADE SOMETHINGS OF EQUALY VALUE They dont have any NEW ASIC worth $15K.... only $30K So this can go either way.... but I bet you they will make you buy 1 ASIC rig for 30K en then you can give them 2 mini-rigs and get 1 ASIC in return Or in the case of the $1600 ASIC... not 1 single + $1000 but buy one for $1600 then you can trade in your singles up to 1 other $1600 super Jalapeno or whatever it's name is But I could be proven wrong Those scenarios are not mutually exclusive. That example was given where one unit of trade had a higher value than the trade-in. |
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You know, kinda like you are about begging for donations in your forum sig ?
Right, like I'm the only one.  At least I have a few in there, unlike most. |
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...[edit] they also required ID and phone number.
In that case my number is 555-1212. It drives me crazy when a store demands phone or even SS#. I would never even consider giving them real info. I keep several identities just for this purpose. Or I ask for the teller's SS# in return. They never go for that. Go with 867-5309 instead, most cashiers are too young to get the joke. Damn, a Tutone reference. You beat me. |
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For fuck's sake bitlane, calm the fuck down.
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Not sure what the point is, really.
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That's the thing with BTC: no charge-backs.
Refund =/= chargeback. However, a refund would net you the USD equivalent, so you wouldn't have as many coins, even if they were able to refund them. Which brings up a question: what does Bit-Pay offer to a merchant in terms of USD or BTC refunds? If it simply isn't an option, it should probably be added. |
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Durex is selling HyperScrew condoms, but is facing increasing competition from Trojan and it's impacting the bottom line. Some of the lab geeks have been talking about some new condom technology combining the best of latex protection and a vibrator. Since it's a year away, Durex announces they'll be taking preorders for HyperScrew SC (Super Coitus), but if you buy a regular HyperScrew they'll accept your nasty useless used condom in on trade. They'll wash it out and repackage it for AIDS prevention in Africa while charging NGOs full price, keeping the preorder money for a year, killing Trojan's sales while not cannibalizing their own.
In a year's time, HyperScrew SC hits the market, and is a revolution. Guys with SC start railing all the chicks, and difficulty of getting laid explodes. Everyone curses Durex, but is forced to buy their products to avoid being forever alone. In the end everyone buys in and things go back to the status quo, expect everyone's a little poorer and Durex is filthy rich.
hahahahaha, epic. K, I totally lol'd! But FPGAs aren't single use items, so the analogy still doesn't fit.  Apparently, HyperScrew is reuseable lol. |
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If people are so worried about this company taking over bitcoin try and approach them with a proposal for a community buyout of the company. Its the free market way to approach things rather than change the bitcoin protocol willy nilly like the government changes the rules as it sees fit.
The queston is how much would we need to raise in such a scenario ?
Enough to make both them and the VCs happy. I don't see it happening. |
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Durex is selling HyperScrew condoms, but is facing increasing competition from Trojan and it's impacting the bottom line. Some of the lab geeks have been talking about some new condom technology combining the best of latex protection and a vibrator. Since it's a year away, Durex announces they'll be taking preorders for HyperScrew SC (Super Coitus), but if you buy a regular HyperScrew they'll accept your nasty useless used condom in on trade. They'll wash it out and repackage it for AIDS prevention in Africa while charging NGOs full price, keeping the preorder money for a year, killing Trojan's sales while not cannibalizing their own.
In a year's time, HyperScrew SC hits the market, and is a revolution. Guys with SC start railing all the chicks, and difficulty of getting laid explodes. Everyone curses Durex, but is forced to buy their products to avoid being forever alone. In the end everyone buys in and things go back to the status quo, expect everyone's a little poorer and Durex is filthy rich.
hahahahaha, epic. |
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- At least some portion of his business requires locality and face-to-face type transactions
As I posted in another thread, I believe this is correct as well. However what I haven't figured out is how there is so much local volume. If there are many users, how are they so conveniently near him? And, if only one or 2 users, what are they doing with so much money? |
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Isn't it clear what he does? He's said as much on other threads. People lend him bitcoins that he then sells for hard currency locally at a (significant) markup. Whoever buys those coins more than likely sends them to a third party, who converts them back to fiat (possibly another fiat).
Pirate moves his currency back into bitcoins. More than likely Pirate is never in fiat more than a day or two, leaving him minimally exposed to bitcoin / fiat pair volatility risk.
I've always been fairly sure that this is the case, but I still cannot figure out the volume aspect of it. If it is multiple lendees, how is it possible that they are all concentrated conveniently near him? Or, if it is a single entity, how could they possibly be using so many coins outside of the usual market? I wonder if they are stockpiling over a a period of time, or whether the coins are used in some kind of active investment. If stockpiling, they would have a huge pile by now. |
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Fairly sure it's 17 x whatever mhs the cards run at. (1400?)
EDIT: 17 x 1520mhs according to gigavps's 103 ghs across 4 rigs.
http://gigamining.com/mgpumon/We looking at the same numbers? His 52GH/s rig has 36 miners (0-35), and his 26GH/s rig has 18 miners (0-17). Remember they start counting at 0, not 1. Hmm, dunno I was going off of old info from other threads so yeah it might be 18 each. |
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Fairly sure it's 17 x whatever mhs the cards run at. (1400?)
EDIT: 17 x 1520mhs according to gigavps's 103 ghs across 4 rigs.
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I smelled fish on 2 of those nicks when I first saw them posting, but I didn't bother investigating.
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