Could somebody please help me? I have an i7 processor with 8 cores but was wondering does it make a difference if I mine from the GUI wallet (pool) or should I perhaps use something else? If I should use something else, then what is the best miner?
Thanks a lot!
I beleive the lastest Cpu-miner multi from Lucas is what you want. It has Wolfs optimisations in it that will boost the speed if you have an an i7 with aes-ni https://github.com/LucasJones/cpuminer-multi/releases How can I see which version of the miner I have? If you haven't already, just get the latest version. |
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sounds like you also did a veronica
No. I did a Matthew. 'Doing a Matthew'. As a Noun: Someone who buys an asset that is set to increase in value by over 10000%, only to swap it all out for drugs. As a Verb: Someone who is in the process of swapping out vast quantities of an asset that is on the cusp of increasing by several orders of magnitude in value, for drugs. I lol'd. Thinking back at some of the things I spent my earlier BTC on, some of the most expensive times of my life! C'mon guys gloating just makes you look 5 years old. The thing is most of the people who say stuff like "noobs deserve it" etc are probably sitting on .1 BTC themselves... Dont forget it could crash to $200 tommmorow and selling at $436 was a perfect move! |
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Was ~20K USD according to Stamp when he tweeted
Makes sense cheers, wonder what they're trying to hack / have hacked. Always good to be reminded about security. Particuarly as many probably still have fiat / BTC on exchanges right now. I recently pulled half of what I had off and thats going in cold storage until $2-3k or a definate money making window! |
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For facebook:
Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like · · Share
Kiyokazu Yamamoto likes this.
Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1
Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like
Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like
Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like
Wow, if FB is the best way to get a hold of someone you need in that situation you know you're fucked. I think in an emergency you try the best way first, then every other way in order of best to worst  He's just offered a nice reward for anyone who can help him identify the source of the hack. Check his twitter. Wonder where that figure comes from. Seems odd. |
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For facebook:
Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like · · Share
Kiyokazu Yamamoto likes this.
Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1
Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like
Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like
Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like
What! Please don't tell me he's as competent as Mark and has his fortune on localbitcoins or something!  |
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You're right.. it should drop more, i expect around $10 dollars in this case.. but not so much as $35 drop.
I'm basing this of my observation of yesterdays pattern. Which of course doesn't mean today's will be the same.. this cup has deeper 'sides'.. so.
Yeah I agree $35 may be a bit much, will be a text book example if it completes nicely though. I can see us powering straight throught the target anyway tbh, always good to spot patterns and make predictions but Im not going to break my rule of not shorting into rallies it hurts too bad when you get it wrong and requires too much emotional stress if it runs away from you. After the stresses of the last few months its nice to just watch the rollercoaster for a bit! |
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Could somebody please help me? I have an i7 processor with 8 cores but was wondering does it make a difference if I mine from the GUI wallet (pool) or should I perhaps use something else? If I should use something else, then what is the best miner?
Thanks a lot!
I beleive the lastest Cpu-miner multi from Lucas is what you want. It has Wolfs optimisations in it that will boost the speed if you have an an i7 with aes-ni https://github.com/LucasJones/cpuminer-multi/releases |
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Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.
If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.
https://bitcointalk.org/index.php?topic=178336.msg6889281#msg6889281ahthangyou It is a nice pattern forming, I would have thought though you would see a drop of more than $5 to complete a real handle. If the pattern does complete I'd expect a drop closer to the $505 area personally. |
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Am I paranoid or are we starting to form a rising wedge?  I think your being a little paranoid but its good to keep an eye on it. I fully expect to see some gains when peoples fiat arrives for the day. If we can hold this throught the weekend monday could be fireworks. |
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Weeeeeeeee
that was easy, next. Gonna sleep well tonight.
More fiat incoming tomorrow I would imagine.
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dogecoin pumps :-D  Obviously a glitch ... |
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Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?
Ripple is something new. It offers unique features and in comblination with bitcoin can be a really powerfull currency system. It's a really advanced platform and could have a great future. I don't like systems based in centralisation as well but ripple takes it much further than most "centralized and heavily owned currencies" as you mention do. How can something have a great future when its majority owned by so few people. Look at the drop in price this has caused and he hasn't even started selling yet. I'm failing to see what unique features over ride that glaring negative point. |
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did everyone pop there pop corn?
get that popcorn ready!
Yes, awaiting $530+ with bated breath. |
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Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?
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(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD
Both are the same. All are super powerful trendlines.
(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)
Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.
Correct me if I'm wrong but arent those charts old? They look 2-3 weeks old to me? They are. Thats one of the worst bear fails I've seen around here  |
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(1/2) I have some interesting charts for you guys: imgur.com/a/J2NZD
Both are the same. All are super powerful trendlines.
(2/2) Remember, crowd psych and manipulation will make you believe the trends are over. They aren't, until fully confirmed (closed candles)
Ultimately, I think these trendlines are of supreme importance, and it is difficult to know which are superior (the linear or log). However simply remembering it takes a long time and much capital to exit them, is your greatest fall back.
Correct me if I'm wrong but arent those charts old? They look 2-3 weeks old to me? |
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the amount of infrastructure, adoption and business being built
Right, it must be all that infrastructure and adoption that has caused the price to drop from 800$ to 450$ over the last 3 months. Let's see what effect that will have on price when (if?) China drops out of the picture. At present I cannot see any, there is that elephant blocking the view. There were also many negative developments in the West since November, to counter those positive ones. Such as the IRS interpretation, the continuing arrests from the SilkRoad case, the MtGOX heist and the dozens of other similar "accidents", the Neo&Bee fiasco, the Fortress embarassment, the bank account closures in Australia and the US, ... You answered your own first point with your last. Those few businesses do not take away from the countless others in regard to is infrastructure being built. the Chinese doesn't or didn't own 90%
I never claimed that. Surely the price went up in Oct-Nov because the Chinese traders bought a lot of the coins that were in the Western market. How many, I have no idea; but it must have been a large fraction, in order to lift the price from ~120$ to ~1200$. It could have been 90% of the coins, why not? In any case, if price went up from 120$ when they came buying into the market, we can expect it to go down to 120$ if (when?) they cash out and leave the market. Also Leon Li claimed to have 10'000 active clients; discounting the hype factor, it seems reasonable to guess 10'000 active traders for all the Chinese exchanges combined. How many coins does the average trader own? How many traders are active in the Western exchanges, and how many coins do they own? Do you have any estimate of those numbers? keep dreaming of $120 but absent am actual flaw with the protocol just not gonna happen. Why do you ignore all the non-chinese who are in btc since when you believe China entered the market in these assumptions? You are assuming that if the whole Chinese market leaves (which it won't) we will be back to the same number of people holding the same number of coins. Add into that the traders who happily trade on both exchanges and your 10,000 figure for just Chinese shrinks somewhat. A guesstimate at best obviously but more than 10,000 traders for sure. Gox had a million accounts, can't you glean something from that! [ Not true ] that we need to keep getting bigger and bigger markets. [...] the whole worlds the market and it just so happened that a small section of that market tried to put the brakes on.
If you prefer to put it that way: Bitcoin was confined to a tiny section of the market; with China it got another small section, now it may lose that and go back to the tiny section it had before. To get a new and 10x bigger rally it needs to find another small section, that is 10 times less small than the Chinese one was. It is bizarre to see those "experienced bitcoin traders" scoffing at me when they cannot even tell whether the current buying sprees are coming from China or from the West.  Um, no what happens if that section invests more fiat? It may be the same size but guess which way the price goes. Nobody can tell for sure where the buying sprees are coming from that's why, you'd be a fool to suggest you could for sure for a start. Also unless coins are transferred from the west to China or vice versa the buying sprees in % holdings per markets doesn't change regardless of price. Edited for formatting. |
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All events are confounded
The early 2013 rally followed block reward halve and the release the AVALON, the first ASIC
The late 2013 rally started 10 days after the death of SilkRoad
So I could say both rallies were triggered by improvement in fundamentals, not speculation
+1 Stop talking sense though, the fundamentals of Bitcoin and why people have, want and use it is clearly too much to grasp. |
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Looks like miners, or somebody, is voting on the 2-minute block vs 1-minute block.
QCN now higher than MRO on polo.
A slightly higher price on the back of 18.5 BTC in volume vs. MRO's 273 BTC volume? Not a relevant comparison. Ignore him he's just pumpin QCN, just asked for it to be added to cryptonote because it makes sense fee wise. That's despite 18BTC volume on an exchange like polo |
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Inflation is a bitch. Might wait until price is lower. Longer you wait, price may drop.
What's the average amount of coins being made per day? Like 25k?
yep its about that, at these prices if 70% of coins are sold daily it needs 70 btc a day to keep a price of 0.004. |
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