Bitcoin Forum
May 25, 2024, 05:48:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 [73] 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 ... 155 »
1441  Economy / Goods / [WTS] Google/ASUS Nexus 7 Tablet - Mint Condition on: September 03, 2012, 08:49:13 AM
Comes with everything I got it with, free shipping to the US. Basically brand new. These are going for a premium on eBay because they're out of stock everywhere, but I'll just sell it to you for what I paid for it. I'm looking for BTC25

You go first unless you're very reputable.

Thanks,
Garrett

Edit: It looks like Google has them in stock now. Sorry for misadvertising, at the time of writing they were out of stock everywhere! (Google doesn't sell them rooted and unlocked though Wink)

Clickable pictures:




1442  Economy / Long-term offers / Re: [BitcoinMax.com] Closed on: September 02, 2012, 10:07:47 PM
I personally would like to talk with Pirates lawyer.

How do you plan to find that lawyer, assuming he exists?

Kobiyashi Wink

What does that mean?
...sometimes I forget how young some people here probably are. My apologies.

Nah, just people that don't know how to use Google Tongue
1443  Economy / Securities / Re: The Most Competitive Mining Bond - Synergy @ 25Gh/s [GLBSE] on: September 01, 2012, 11:31:40 AM
Coupons have been paid!

Total BTC: 70.999775
Per Share: 0.00289795
1444  Economy / Securities / Re: Motion Raised! Starting a new FPGA mining farm/contract! Cognitive on [GLBSE] on: September 01, 2012, 11:31:10 AM
Dividends have been paid!

Total BTC: 29.5788441
Per Share: 0.00375843
1445  Bitcoin / Armory / Re: Armory - Discussion Thread on: September 01, 2012, 10:06:50 AM
I just had to delete my settings after upgrading to the version before this one. Thanks for the update, regardless Smiley
1446  Other / Beginners & Help / Re: Transaction Fee on: August 31, 2012, 06:30:03 PM
I wonder if anyone is using LTC for anything else then exchanging them to BTC. Sorry for the offtopic

You can read all about transaction fees among most other aspects of Bitcoin on the wiki: https://en.bitcoin.it/wiki/Transaction_fees
1447  Economy / Securities / Re: Motion Raised! Starting a new FPGA mining farm/contract! Cognitive on [GLBSE] on: August 31, 2012, 06:28:19 PM
Would it be possible to buy GPUs now for Cognitive and then after ASICs release sell them (at fair value) to Cognitive-LTC?

I would say yes, but because a few people were looking down upon Cognitive-LTC it is not going to exist.

IMHO I think this is an error. In a post-ASIC future every GPU miner will probably move into LTC, increasing significantly the difficulty.

We have already watched this movie about the effects of a extreme difficulty increase over a currency which lacks of a strong economy to rely on: namecoins. Since merged mining came into scene price has only dropped. I would expect the same with litecoins.

GPUs are the past. Damn! as a GPU miner I invested in this asset just looking for protection again ASICs!  Cheesy

Yes, I have thought of that exactly. GPUs should be a pretty liquid asset in the long run, so we shouldn't see any loss when we go to sell. One of the goals of buying GPUs is to further diversify Cognitive.

namecoin != ltc, no merged mining is possible.

I do worry about the economy, but I suspect it will develop.

I feel similarly, and I also have good faith in that Litecoin will succeed. (Or at the very least be worth mining for a while Smiley)

I wonder if anyone is using LTC for anything else then exchanging them to BTC. Sorry for the offtopic

I just saw an iPod sell for LTC on the Litecoin forum Tongue
There are a few services that accept Litecoin currently. One that comes to mind is a domain registrar.

We will of course be mining whichever currency is most profitable if we invest in GPUs.

I hope this helps!
-Garrett
1448  Economy / Marketplace / Re: ["WAIT LIST"] BFL SC Order Dates / Ship Dates on: August 31, 2012, 08:31:13 AM
assuming all these orders will be used for bitcoin mining as well. There are several other opportunities for hashing.
Uh, no, not so much.  Not for these BFL units at least - they can only work the Bitcoin stream because the firmware is locked (or better said, it is undocumented how to develop firmware for it).

Well technically they could be used for other doubleSHA256 purposes, but I don't think there are any Tongue
1449  Economy / Goods / Re: George's Famous Baklava on: August 31, 2012, 06:47:26 AM
I'll PM you later today. Thanks! Smiley

I just got some of your baklava, and its great!

I'm also interested in something like the above, but smaller.
1450  Economy / Gambling / Re: Bet Escrow on: August 29, 2012, 09:01:29 PM
Bitsinmyhead's coins have been converted to $1300 USD and extra sent back. Tx:

4d0e84c935163cf3e9327d43fb3374c11c7d0620d94682a487f28ba63823d17b
1451  Economy / Marketplace / Re: ["WAIT LIST"] BFL Mini-Rig Order Date/Ship Date on: August 29, 2012, 08:50:06 PM
Mine shipped today!
1452  Economy / Gambling / Re: Accepting Pirate bets on: August 29, 2012, 07:34:26 PM
I have made a thread which will house all of my escrows: https://bitcointalk.org/index.php?topic=104494.0
1453  Economy / Gambling / Bet Escrow on: August 29, 2012, 07:29:35 PM
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I am offering a betting escrow service which will probably be used mostly for pirate bets right now. All final results from me MUST be signed with PGP Key: 7C97C318F51DD18B

If you want to make a bet, arrange it with the other party then post or message me a contract.

Garrett
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)

iEYEARECAAYFAlA+ZwMACgkQfJfDGPUd0Ys4LACfcRkEGTzt4efl8Q6txApS34G1
XJMAoKv8WFS+Q55kFPEBafQ5BJwBZef5
=Sl32
-----END PGP SIGNATURE-----

All bets along with their terms are indexed here:
https://dl.dropbox.com/u/9542654/btc/BTCST_bets/index.html

Current Bets:
Code:
Goat v c0in$
1454  Economy / Auctions / Re: Advertise on this forum - Round 49 on: August 29, 2012, 10:36:50 AM
1@1
1455  Bitcoin / Project Development / Re: GLBSE 2.0 open for testing on: August 29, 2012, 10:20:11 AM
Doesn't it bother you Nefario that people access GLBSE though CloudFlare, which creates a technical risk of a man-in-the middle attack, since CloudFlare has access to an unencrypted connection?

I mean, I do understand the reasons and all the advantages of using CloudFlare, but I am wondering about your reasoning to trust this specific service.
As much as I do trust you, I wouldn't want to discover one day that my money has been withdrawn to a different address from the one I entered into the form and there is no way to prove it...
I hope you understand my concerns.

Additionally: What means is there currently to keep track of existing shareholders in the case of GLBSE being unreachable for an extended period of time?

Even a Bitcoin address and a fraction representing the amount of ownership would be much better than nothing!
1456  Economy / Securities / Re: Starting a new FPGA mining farm/contract! Cognitive on [GLBSE] on: August 29, 2012, 12:17:55 AM
Shareholders: Where do you want to see Cognitive next?

I see a few options for us at the moment:

  • Expand FPGA infrastructure
         - BFL: If we choose to expand via BFL we are protected from BFL's ASICs, but we will suffer a long wait time.
         - Non-BFL: Here we are essentially banking against BFL delivering ASICs on time. These boards are delivered within a few weeks, but might take longer to pay off than we have time for.

  • Wait for ASICs
         - A few other companies are thought to be developing ASICs (I know of four including BFL and OpenASIC). A viable option is to wait it out.

  • GPUs
         - A common reaction here is "what?", but this is a decent choice in my opinion. GPU mining still produces the most return when looking at mh:$ ratio. Even when ASICs are released we can switch to Litecoin mining (which will likely be more profitable then than it is now) or even sell the hardware and regain most of the investment. The only downside to GPU mining is the massive electricity consumption. I would need to take out whatever the electricity costs from the GPU revenue (keeping in mind electricity is dirt cheap here at $0.07/kwh).

There will of course be a proper motion before investing in more hardware.

I'm always interested in what you have to say!

-Garrett

Edit: Keep in mind we have just over 100btc ready to go, which would be enough for us to buy a quad FPGA or a good GPU rig or two without issuing any more shares!

My only thoughts at the moment are:
  • No firm decision can be made, and there may not even be enough information to draw valuable conclusions until we see whether or not BFL delivers. And if they do, delivery time is the next factor.
  • I would enjoy seeing Cognitive grow without my shares diluting every time. I know this is sort of a separate issue and that the 100BTC would be a form of growth without dilution, but what happens after that is spent.

Will GPUs really be profitable after the difficulty hike and reward halving?

For Bitcoin mining, I believe that GPUs will only remain profitable for those with free electricity.

Mining an alternate coin (LTC currently being the prime candidate) with GPUs should remain profitable into the foreseeable future. This is why I believe it's the right thing to do if we want to expand before the long ASIC wait.

Edit: It has been brought to my attention that I wasn't clear what currency the dividends will be paid in. GLBSE only supports BTC, so all LTC will be sold for BTC every week before dividends.
1457  Economy / Currency exchange / Re: USD between MTGOX <--> DWOLLA on: August 28, 2012, 10:54:27 PM
There's someone in Newbie quarantine yet with Dwollas looking to trade (due to being in the Dwolla 30-day probationary period prohibiting those Dwollas from making their way to an exchange):

 -  http://bitcointalk.org/index.php?topic=104159.0

I'm pretty sure anyone who has traded with mtgox has been put on the "High Risk" greylist. Or is it just people with $1000+ month going in and out?
1458  Other / Beginners & Help / Re: Which is the best wallet? on: August 28, 2012, 08:13:09 AM
I use Armory on an offline box for long term storage, Armory online for more frequent, larger transactions, the Satoshi client for smaller transactions, and the Blockchain.info mobile app.
1459  Other / Off-topic / Re: Want to know the truth? IRC Chat Log Inside! on: August 28, 2012, 08:07:48 AM

Seriously though what is the whole youknowwhat@40 thing about?
1460  Other / Off-topic / Re: As the hate gets slung around, what's up? on: August 28, 2012, 08:01:59 AM
This sums it up:
Pages: « 1 ... 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 [73] 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 ... 155 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!