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141  Bitcoin / Bitcoin Discussion / Re: Does the FED already control Bitcoin? on: May 10, 2014, 12:40:22 AM
Bitcoin will NEVER EVER be one dollar again.

There are thousands, millions, chomping at the bit to see 100 USD again.


When the price on Gox dropped there was a huge influx of wire transfers trying to nab cheap BTC.

I will throw every dime I got at a 50 dollar BTC!

Then why MTGOX exchange rate dropped below $100?

Because once the thief realized he couldn't get the BTC out (Knowing none was actually there.... because he stole it all.)... He attempted to cause a panic, reflected in other markets, to lower the price so he could get more from the ones he stole and had cashed-out previously on other exchanges.

As for us... The buyers... Why pay $800-$400 when you see it is going to $100, and you can get 8x to 4x more, for the same money.

In any event, those coins that were stolen, were part of what has been keeping BTC on a steady decline. (Part of it.)...

The one thing that is becoming clear, over the historic charts, is this... BTC is becoming more stable, and they will soon turn into more of a gradual slope upward, with less erratic falls in the future. (Look at historic charts with the LOGARITHMIC scale, since this is an exponential growth coin. Linear scales are for FIAT.)

http://bitcoincharts.com/charts/bitstampUSD#tgTzm1g10zm2g25zvzl

See, in this chart above, you can see that the end of the steady fall (Which is not abnormal, and damn near predictable as the sunrise), is ending, and will soon launch to the next high of $12,000-$6,000 USD/BTC. I have no fears buying BTC at this point, or selling things for BTC. It is not like going from $500-$6,000 or $12,000, is going to be much more gains than going from $300-$6,000 or $12,000... Heck, I could buy all the way up to $1000 USD/BTC and still feel comfortable about the next coming months. It's a win-win situation buying BTC at the moment. The hardest part is getting BTC with USD for most of us.

Need some visuals to go with that chart?


P.S. This is an older chart... missing the last few weeks... It is near the end of the orange low line now.. the "Bleed-out", before the pink line which is the "Incline" to the next level.

P.P.S. A bitcoin year is not 12 months... it is closer to about 8-10 months. From peak to peak.
142  Bitcoin / Press / Re: [2014-05-08] CD: Mt. Gox Settlement Proposal Granted Key Preliminary Approval on: May 09, 2014, 09:27:34 AM
Nice... Now all we need is the doors to open...

It's been a long wait, and I can't wait to start trading again.
143  Bitcoin / Hardware / Re: New Official AMT Thread on: May 07, 2014, 03:38:11 PM
If I accepted #1, it needs a PSU to come with it... or it needs to be split into 2-units with 2-backplanes, 2-RasPi's and daughterboard, 2-LCDs, with the 6-cards total (3x and 3x), 2-cages and no towers. This, so I can buy two separate 750W-800W PSU's, as I would not pay additional $350-$580 for a 1500W-1600W PSU, which may not even have enough power.

Same if I accepted the technobit solution. I would still expect the same 1.2THs, 6-card setup, with the provisions to operate them as two separate units. This, again because of the power supply issue.

If no PSU is being provided (as you stated), and no tower-case (requested in my case)... I would think that the extra backplane, RasPi and daughterboard, and LCD screen, would be a fair replacement for the missing PSU and Case. (Oh, and all associated wires.)

Josh, I know you are in a tight spot, but that is the minimum I can personally spare to take as a loss myself. I tried to help, and did a little to those who asked in PM's. (As limited as my help was.) Wish I could have done more, but it seems that there is nothing I can do now. I am having to haggle for my property, which is actually disturbing me at this point. My compassion for you, and your situation, is still sincere. However, It is just a matter of business now.
144  Bitcoin / Hardware / Re: [ANN] Technobit HEX8A1 - 130/260 GHs Coincraft A1 board-389/807 EUR April on: May 07, 2014, 01:49:45 PM
I do not remember you getting miners from us Wink
read carefully
it is 1W/GHs in standard mode
it is about 25 GHs per chip or 200 GHs per 8 chip board.
And just FYI the board design can change the power consumption in the range of 5-10%.
So it is the chip !

I have not gotten a miner from you yet... I had not said that I have...

I am aware of the A1's power consumption and levels. I was simply questioning HIS use, in the post.

Looking at the other post I quoted... Nor apparently does he have your miner... That is not your boards, that was the power draw of the avalon2 miners. Unless you guys make Avalon2 miners, and Avalon2's have A1's on them now. (I also see he has two separate PSU's... He made it look like only one PSU.)

I should have realized that was not the A1's, or, well, not your A1's... Not sure why he posted that here.

I came, because this version of the A1 boards are being offered by AMT, as a substitute for the boards they are having issues with. Wanted to get an idea of what I would be getting, before I told them to ship me my miner.. um.. your miner... xD

I am more interested in loshia's power consumption now, looking at his setup. Those are the normal operating voltages I am familiar with.

EDITED: He does have these miners... They are just further down the line in the photo's. That guy has every miner in existence, lol.
145  Bitcoin / Hardware / Re: [ANN] Technobit HEX8A1 - 130/260 GHs Coincraft A1 board-389/807 EUR April on: May 07, 2014, 01:04:34 PM
Just measured the power draw at the wall (240V) for 4 x Technobit HEX8A1 - 260GHs Coincraft A1 units:

Pictures can be found here: http://imgur.com/a/mRbMZ#4w7cdKp

1730W = ~1000GHs
1730W / 4 = ~433W each (250GHs)

Code:
0: HEX8 0       : 270 1000/1009mV         | 777.0G / 262.8Gh/s
 1: HEX8 1       : 270 1000/1006mV         | 74.51G / 262.9Gh/s
 2: HEX8 2       : 270 1000/1006mV         | 354.7G / 255.4Gh/s
 3: HEX8 3       : 270 1000/ 999mV         | 266.6G / 275.5Gh/s

How the heck is that possible?

That is overclocked at 1v, I assume, yes?
Consuming 1.7W/GH... That would cost me over $5000 a year, just to run it! In addition to the cost of the unit.
(Just thinking out-loud, observations, not complaining.)

Where the heck did you find a 1800W PSU?
146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DIEM] CarpeDiemCoin - MOVE DIEM TO EXCHANGES ASAP!!! on: May 06, 2014, 07:45:22 PM
Prior to the release, you need to put-out a version that will freeze POS rewards, to let staked-coins return from purgatory... then create a premine of equal value to the entire network... Perhaps with forced "no stake" setting.. (or protect, or whatever it is called.)

Would be better to create an auto-convert system, in the wallet itself...

The only valid SEND address would be to one master DIEM wallet, in your converter or devs hands, using a special address per wallet... Which is matched to the corresponding 2.0 wallet address, which we enter for deposit. That way, anyone who later downloads the wallet, can do the transfer themselves... That, or send you a direct notice, so you can fire-up the nodes, for the transfer to continue. (Though, you should run those for at-least a whole year. It is not like everyone sits around at the forums all day, or has them on a pool or exchange that is lively.)

Not to mention, some people might still be paying for things in DIEM, beyond the cross-over. Until they realize there is an update.

Which, should happen prior to the release of the conversion, so when they come to see why they can't sync... the get the new wallet with the converter.

Then, they also find-out about the converted wallet.

+1000 for having a smaller blockchain, due to this setup. -1000 for places that force minimum withdraws for DIEM, which will never be able to be converted. Though 0.00000001 DIEM is not worth much now... it may be in the future. Not like it costs exchanges to withdraw those small amounts. Yet they limit us to 0.0001 I believe, on most exchanges.
147  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: May 06, 2014, 01:57:37 AM
Who is trying to prop up the price with the buy orders of 10s?

I assume someone who, like me, still has faith in gains to be made in the future. I have purchased all I could, and I am tapped-out... So there is another person doing the buying now.

Was funny, usually the diff falls slow.... this afternoon it went from 45.7K (0.69732), immediately down to 40.2K (0.613403)...

Normally it would have gone... 45.7K, 45.6K, 45.5K, 45.4K... even if a bunch of miners hopped-off at once. It was just real odd to see a large jump down like that, instantly, on one block.

I assume that was the daily adjustment point, which is calculated separately from the per-block adjustment.
148  Bitcoin / Hardware / Re: New Official AMT Thread on: May 05, 2014, 03:16:16 AM
That is an excellent point about option three they may take the hardware in case of lawsuit.

Unless we were offered some protections against this like it was offered by another company then three becomes less viable.

I retract my wish for three

And with this you said that none of these are considered individual settlements and do not require that we opt out of the class action?

Because if thats the case the class action is the insurance for number 3.

3.Transfer to hosting...

If hosted, the hosted miners are not "AMT property", they would be your property, and thus, protected. (Unless it was done third-party hosting, then it still would not be "something you could lose".)

As for "considered individual settlements" and "opting out of the class action"... If you get something, you would need a new case, would you not? As the class action, I believe is for "non-delivery". From what others have stated. Though, in the end, they will get next to nothing anyways, since the lawyer will take more than 50% of any settlements, if they even win. Hope they don't charge if you lose, but most do. They won't charge for the case, just the time in court, court-costs, and processing fees. They are tricky like that. Chances are, they will lose because they ask for overcompensation, and make you believe they will get it for you, but only end-up getting about half what they ask for, leaving you with about 25% of your original investment. They don't like to actually go to court. They lose there. They are ambulance chasers. xD.

Just ask them how many cases they won in court... Bet the answer is zero... then ask them how many times they were in court... They have to tell you.
149  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: May 05, 2014, 02:32:16 AM
Hmm... new to crypto I see... thanks for the wise words of wisdom. xD

So how is DIEM doing? Dogecoin? Wait, I know.. RonPaulCoin...

Devs are not the ones who determine the value. Obviously, at this point, the value is still in our hands. As long as they are not dumping or screwing with our holdings... then the market is as valuable as any other market. (All of which, for the majority, are also on a down-trend.)

There is just over a month on the charts, and two-months is rolling around. Will not be long before someone sees an opportunity to make gains from direct manipulation. They already did it, to get it here. It didn't get here by dumping all holdings. The greatest majority of mined coins are still in the original wallets, and sitting off-exchange.

Gotta spend $1,000 to make $100,000. Someone will.

Run-up the diff, see what happens. xD.

Two months is hardly long-term. It is good that the hoppers left, and dumped. They got nothing on the way out. Why would we give them high values?
150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: May 04, 2014, 09:39:49 PM
Well, for what it is worth, the Diff is rising nice and slow... (As opposed to spiking up to unsustainable levels.)

Went from 0.45 to 0.55 to 0.65 to 0.75 to 0.85, and getting near 0.95... So support is still there, and real. Now, hopefully, price will come up to match the level of those mining it.

Each day the BTC hike draws nearer and nearer... Each day, more and more scrypt-ASIC's are being added to the market. They didn't invest to get less. They are investing to get more, which they will get, as everyone shifts from coin to coin. They are filling-up the low-diff gaps and avoiding the high-diff coins which have little chance of going up 1000% in value. They are smart, history is about to repeat itself for the 6th time.

Get what low value coins you can, while they are all still low. The lower, the better!
151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: May 02, 2014, 04:13:24 PM
I always felt the dev team came across as extremely professional, especially compared to some of the stuff which was coming out at the time Air came along.  If their initial vision/goals for the coin ever come to fruition, your insanity would hopefully be rewarded...  and mine too  Grin

I am still banking on that.

Literally. xD
152  Bitcoin / Hardware / Re: New Official AMT Thread on: May 01, 2014, 05:07:01 PM
anyone know of a guide to mine solo with the rigs? id like to try a lesser sha coin than mining on cex i hvae the wallets ready is it just the same as solo gup or eruptor mining. open wallet with allow ip 127.0.0.1 port 1234 and just point miner at the same?

You have to set the config file for the wallet you want to mine to, with those settings.

When you install a wallet, and run it to get "caught-up"... after it has caught-up, you need to locate the folder where the "wallet.dat" file is, and create an appropriate config file, which will not be created for you. (Wallets are setup, by default, to listen on a specific port-number, I assume on the loopback IP of 127.0.0.1 or 0.0.0.0)

For example... If you mined BITCOIN solo...

The folder containing the wallet.dat on windows 7 would be here...
"C:\Users\*YourLoginName*\AppData\Roaming\bitcoin\"

In that folder, you need to make a new file (text file), that you save as "bitcoin.conf" (this changes per wallet, but you can force any name you want, from launch-switches for the wallet)

In that file, you need settings like this...
Code:
splash=0
server=1
gen=0
testnet=0
daemon=1
maxconnections=100
listen=1

rpcuser=SomeNameForYourMiners
rpcpassword=SomePasswordForYourMiners
rpcallowip=*
rpcport=1234

You appropriately launch the miner, with similar settings for NAME and PASS.

If you wallet is not connecting, it may not be "using" the configuration file. You create a shortcut on your desktop to the wallet, and change the "TARGET", to look like this...
Code:
"C:\Program Files (x86)\bitcoins\bitcoin-qt.exe" -conf=bitcoin.conf

It is the end-part that you add "-conf=bitcoin.conf", the rest should already be there. That tells the wallet to launch with that conf file.

You can make all your wallets launch with similar settings... However, you can not launch more than one wallet at a time, because it will have conflicts listening to the same port-numbers. To mine another coin, you just shut-down your miner, shut down the wallet, then launch another wallet, and then fire-up the miners again. (You must shut-down the miners first, or the wallet will not actually shut-down, it will stay stuck running invisibly in the background. You would have to use TASKMANAGER "CTRL + ALT + DEL", to kill the other wallet, before firing-up a new wallet.)

If you want to use many wallets, having them all open at once, they all have to have a unique port-number. Then you can just launch a BAT file to connect to the different wallets, which is just changing the port-number that the miner points to. (That is how a multi-pool works, or a "crypto-switcher". It just changes the port-forward-number to the "most valuable coin of the minute".)

When it comes to actually solo-mining for "long term gains"... You want to sort-of ignore the "price now", as you will never get that price "later". You want to focus on the DIFFICULTY. You want a coin that has low difficulty, so low, that when you mine it, you force the price higher just by mining it. that is called "choking the rewards". Just prior to that, you actually want to buy a bunch of cheap coins... Then, mine it steady for at-least a month or two, which should cause the price to rise. If not, be patient, someone will pump it for you. You have to remember, by you raising the diff, you are making those other guys earn less coins per day, so they HAVE to ask for higher prices, eventually. But that only works if you stay steady on the coin. If you leave, they are back to earning more coins that can be sold cheaper. That is why pool-hopping programs all fail. They are the reason they never actually get the value they THINK they are mining for. Because, in the future, they just end-up getting less, from leaving the coin back in the hands of those who cashed-out, or because they cashed-out, driving the value down and the diff up, which caused the steady miners to leave.

That is why BTC constantly rises, because diff constantly rises. It does not usually go down at all. This is what keeps the "floor" higher and higher and the peaks higher and higher, exponentially by a factor of 10. (Thus the next linear-exponential peak is $10,000/BTC, but it will fall short of that target. Because in reality, it is actually going down in value. Thus it will hit only about $8,000 to $6,000, for a loss of $2/$4-thousand on this next projected high.)

You really have to look at a logarithmic chart, from the earliest date, to see that this low of $450-$350 is "normal", and to see the next "peak", which had NOTHING to do with any news or even with GOX. BTC is as normal as it has been since the day it started. Predictable and damn near linear in habit.

NOTE: This chart should come-up as LOG scale... But you may have to "refresh" once it loads. Seems to fall-back to linear-scale for some reason.
http://bitcoincharts.com/charts/bitstampUSD#tgTzm1g10zm2g25zvzl

What are you looking at? That is the whole history of BitStamp's USD value. (If you don't see a pattern there, you really need to stop investing. A bitcoin year is not the same as a physical year. It is a little shorter. The next HIKE to the peak of about $10,000-$6,000 should start within a few weeks, take about a month to get there, and then settle back down to a smaller second long peak/hump of about $4,000, and then a third wave of $1200-$800, before the next years peak of $40,000/BTC begins. Falling way short of the projected $100,000/BTC mark. Though, it could just as well hit $12,000 this season, and $150,000/BTC the following season. It depends how much more interest grown in BTC. In any event, we have about 6 more seasons before BTC finally reaches a "I'm not paying that much for a BTC", plateau of stable rise. It will just not rise as high in those years, but also not fall as low as before, in those years. But that is a long way away.)
153  Bitcoin / Bitcoin Discussion / Re: Awesome Bitcoin Song on: April 28, 2014, 01:44:19 AM
Bump for love
154  Bitcoin / Bitcoin Discussion / Re: Awesome Bitcoin Song on: April 27, 2014, 02:52:51 PM
+ 1000

Not directly related to BTC... But, it is...

COVER: By Lindsey Stirling and Pentatonix, Imagine dragons "Radioactive"
https://www.youtube.com/watch?v=aE2GCa-_nyU
"Welcome to the new age!"

Also related, in an off-way.

COVER: By Pentatonix, Daft Punk "Technologic"
https://www.youtube.com/watch?v=3MteSlpxCpo
"We're up all night to get lucky!"

Buy it, use it, break it, fix it,
Trash it, change it, mail - upgrade it,
Charge it, point it, zoom it, press it,
Snap it, work it, quick - erase it,
Write it, cut it, paste it, save it,
Load it, check it, quick - rewrite it,
Plug it, play it, burn it, rip it,
Drag and drop it, zip - unzip it,
Lock it, fill it, call it, find it,
View it, code it, jam - unlock it,
Surf it, scroll it, pause it, click it,
Cross it, crack it, switch - update it,
Name it, rate it, tune it, print it,
Scan it, send it, fax - rename it,
Touch it, bring it, pay it, watch it,
Turn it, leave it, start - format it.
155  Bitcoin / Hardware / Re: AMT Order List, Revised. on: April 27, 2014, 09:49:52 AM
List has been updated with new found orders, various corrections, and other dull stuff.

Still pending is the possible inclusion of an "RMA area". I am just not sure how to handle that at the moment. There is a thread with those having issues, and that should be sufficient as it is.

The purpose for this thread was for recording which members had orders, and had gotten something delivered, so others might see when they might possibly get a shipped item. Since delivery dates are all estimates, and have not been accurate to date. Though, I hope that changes soon, as more issues get resolved.

The shipment of kit-forms is what is causing my indecision to list the current RMA issues, as a majority of the issues are related to those shipments. Those were "I can't wait any longer, send me what you got", shipments. However, there are at-least four instances of "complete miners", which have had damage in shipping, missing parts, or sub-par operation, which have been submitted for an RMA. Two of which have been corrected and resolved, and two which are pending resolution. (One older model was not RMA'ed, due to it being a "free review unit". One of the two boards had failed, possibly due to overheating.)

This post will be removed, and updated, if those statuses change.
156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: April 27, 2014, 09:35:24 AM
If you are at 60k coins then that is what... a good 1/3 of the coins mined so far? I think you'll be nicely set if the devs actually do what they say they are doing. I've seen coins just as dead as Aircoin receive faster updates. Even Beecoin is changing their whole coin to a x11 PoS coin in less time. Last I checked there wasn't a university backing that coin.

I think they are still trying to focus on the development of the exchange. Not sure who is developing the coin for them, but he seems over his head at the moment. The issue with the LTC chain-overlap and "update your LTC client", and "chain state is too old", are common issues that have been resolved ages ago, on other coins. My guess is, that they pulled the source from an older clone, closer to LTC, and have not checked the diffs of other coins. You can see all the changes made, which resolved these more common issues, in all of the other clone coins.

Also too, they seem to want to add a lot of untested functionality to the coin itself. I assume, they are fighting with a way to keep the "rewards" secure. Which is, well, impossible, if they depend on an external device to adjust reward. That is why, to remain decentralized, BTC created the formulated rewards. The formula is the same on all machines. There is no middle-man that can manipulate the rewards. There is no security feature you could use, unless you went with a proprietary set of code, which would suffice. But then, that crosses legal boundaries with the BTC code. Not to mention, then it turns the coin itself, into something like ripple, or paypal, or a "manipulated share-holder stock". No-one wants to be manipulated. (Though, in essence, we all are being manipulated by one another.)

Having the exchange, with an artificial "points" system, will be the only way they can accomplish this. Essentially, like cryptsy has cryptsy-points and how mcxNOW has MCXfees and MCXbux, and how the whole DIEM process now works. (With DIEM, you are essentially being paid in DIEM, but actually mining whatever coin they use your miner for. You could be actually mining DRK or HIRO or even AIR, you don't know, because you are only earning DIEM. Chances are, you are not earning as much as they are getting in value from the actual coins you mine.)
157  Bitcoin / Hardware / Re: New Official AMT Thread on: April 27, 2014, 08:43:47 AM
The current comes from the floppy connector.  One line is burnt out coming from the floppy connector. Can be seen on the other side of the board.

Just crazy.   I plugged it in the first time and then it starts smoking immediately!

It's like AMT just cobbles up random components and have their fingers crossed that the customer gets it working.   If they had tested this before it shipped,  the backplane would have already been installed on the unit prior to shipping.  

I had 3 boards on my system when I plugged it in.  The other 2 boards were damaged in shipping.   However, I couldn't get the back plane to align with all 3 boards,  so I just tries with 2 boards.

Well.... backplane apparently is fried.

No wonder Bitmine has an entirely new revision of the backplane.

Meanwhile, AMT still owes me $6000 despite delivery.  You can't sell none working product and claim delivery.  What I have is a 48 pound brick.

By the looks of the photo, and the apparent results, it seems that another board was also damaged, though you may not have seen it. Looks like it shorted-out, possibly on the heat-sink. That, or a trace was broken, which caused a regulated component to fail, pulling more amps than it should have. What should be of concern, is that the PSU should have detected the short, and turned-off.

In any event, it looks like that line needs to be thicker. I can see that the through-holes consume a great volume of the trace connection itself. Those should have been designed offset, like a "T", not inline. Short fix for that trace, if there is an issue with it being too thin, is to solder jumpered wires into the through-holes, to double-up the amperage ability in that line. (That, or scrape off the enamel, and run a length of solder over the entire trace. Which would then have to be re-enameled.)

I would assume that all boards were damaged, not just the three you saw physical damage on.
158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: April 26, 2014, 11:05:19 PM
We use to be like you...

Now look our longest winded member ISAWHIM is down to two sentences on his last post. TWO SENTENCES....

Tongue Just trying to keep the thread alive, and keeping my novel-writing to a minimum. (Just got out of the hospital a week ago. Almost up to 90% operational, at the moment.)

I have been taking advantage of the DIEM movement, as it just opened-up into the BTC market. Getting more BTC to buy AIR. I am still mining it. The mining is great right now. I will be up to 40K-60K if someone dumps more cheap coins. I don't mind that they did all the mining for me. $400 in electricity is expensive. But they are selling them for nearly 1/4 that, when they dump. Their loss, my gain. Makes up for the miners I took offline. Down to my last single miner, which will be gone shortly.

They really do need an update, that is regular, at such an early stage as this coin is in. Even if the update is a plea for help, or just a notice to say that they are still working on the things they last mentioned in the previous update. This coin needs faith and trust. Both of those are so thin at the moment, it isn't even funny.

More than that, it needs a face, not just a shadow.

P.S. No, the premine has NOT been sold-off. (They confirmed that, a few posts back.)
159  Bitcoin / Hardware / Re: New Official AMT Thread on: April 26, 2014, 07:02:53 PM
Can I claim I was under duress and treated like a garden gnome at the time?

Not sure about the garden-gnome thing... Tongue

Did they make you sit on the front lawn and watch the flowers grow? (Not sure what gnomes actually do. xD)

I still say, try the youtube "report" feature. It is much easier.
160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIRcoin on: April 26, 2014, 09:48:03 AM
How goes the progress on the fix for the LTC block-height overlap issue? Are you guys still trying to pin-down the source of the issue?

Seems like a comparison is failing. One that checks for validity of the block-height or versions, in the multi-connection broadcasting of nodes.
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