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15681  Bitcoin / Bitcoin Discussion / Re: Bitcoin's killer app? banks could use 1 shared ledger on: May 04, 2015, 08:21:53 AM
If I understood right, you mean that banks will share between them all the information related to all the transactions they make.
That would mean that a lot of different competing companies (the banks) will share between them (or with all the world? I am not sure about what you meant) all the info about what they do (you'll see that from the list of transactions).
Do you really believe that such thing can happen? I don't.
15682  Bitcoin / Bitcoin Discussion / Re: Chinese team released software to mine Satoshi's coin on: May 03, 2015, 11:00:55 AM
Could you please explain in general terms the technical procedure of this effort? Are they going to reverse engineer his public key somehow? Or will they gather enough hashing power and speed to eventually generate the same key pair? Wish I could read Chinese  Undecided

I think that they try to create a 'vanity address' that is actually Satoshi's address.
(The public vanity generator may need some adjustment for that.)
15683  Other / Off-topic / Re: If BTC goes to $1000 or more, what would you do? on: April 29, 2015, 11:16:47 AM
If BTC goes to $1000 or more, what would you do?

It that's gonna happen soon, I will just cry. I will cry because I didn't start earlier to buy in, I will cry because I've spent all I could until now on alts.
you still have a chance to buy in now! No cry! LOL

Yeah, and if I buy now and bitcoin will get to 50$.. again, I will cry.
I know, I am not a good investor. I don't have funds "I can afford to lose".
15684  Other / Off-topic / Re: If BTC goes to $1000 or more, what would you do? on: April 29, 2015, 08:50:45 AM
If BTC goes to $1000 or more, what would you do?

It that's gonna happen soon, I will just cry. I will cry because I didn't start earlier to buy in, I will cry because I've spent all I could until now on alts.
15685  Economy / Economics / Re: What would cause the failure of fiat money system? on: April 29, 2015, 08:34:25 AM
Informed citizens. Smiley

This is the best answer. Though utopic.

Informed citizen, smart citizen, will find out soon that (all!) the actual forms of government are not helpful to the society.
When this will happen, when a new and better form of government will be created, a new and better way of currency will be needed (compared to fiat).
And that new and better currency will have to be a decentralized electronic currency. Ta-dam!
15686  Economy / Speculation / Re: Stay away from bitcoin ! on: April 29, 2015, 08:09:03 AM
It's a nice story for the speculation thread. I enjoyed reading it.
I just missed one point: what is your main account?

However, I want to give you an advice, OP: people got smarter. They will either ignore your post, either watch the market and maybe buy before you do, ruining your deal.
15687  Bitcoin / Bitcoin Discussion / Re: Did you mine it or buy it? on: April 28, 2015, 03:20:12 PM
First satoshi came from faucets. The amounts I mined are too small to ever withdraw.
Then I moved to altcoins. I mined, I traded, I've put some away.

Now I get most of the satoshi from services (translations, signature campaigns). I also bought some.
I am too small to consider myself a bitcoin regular.
15688  Bitcoin / Mining speculation / Re: Reccomended Beginner Hardware? on: April 27, 2015, 10:08:26 AM
So, if you recommend starting with altcoin mining, do I use the same hardware for bitcoins?

Also, I get $0.10267 per kWh.

Sorry for not replying here for a while I've been busy and sick Sad

I recommend to stay away of the algorithms that can be done by ASIC (Bitcoin/SHA256, Litecoin/Scrypt) and the ones susceptible to be done by FPGA (X11).
There are plenty of algos to play with: X13, X15, Nist5, CN, M7M...
Do some deeper research on the power usage vs gains. A good GPU (or more!) should be the answer for you (but that may rule out CN because it's too power hungry on GPU).
Research more on AMD and NVIDIA cards / software forums (one I know of is this one, but please don't get me wrong, I don't know if AMD is better or NVIDIA). Research on profit calculators. People will not do your job.
15689  Other / Off-topic / Re: Let my self go, walked 10 miles in florida sun. on: April 24, 2015, 09:56:06 AM
About 2 more weeks and I will switch from sitting and reading in the way to work and back to walking and listening to music.
I hate this weather. The winter was too long. The spring was too cold. But soon all will be much much better.

Where do you live?

In Florida it's unbearably hot and humid everywhere from April to November.

Heh, Eastern Europe.... And it was a rather cold April this year.
15690  Other / Off-topic / Re: Scientific proof that Hobbits exist? [Serious people keep out] on: April 23, 2015, 09:49:07 AM
Sure they do exist. I've seen recently a documentary about one of them. It is called THE Hobbit. Part 1 is here.

Also, a drunk unshaven hobbit is in Game of Thrones cast.
15691  Economy / Exchanges / Re: [ANN] BIT-X.com | Exchange BTC, LTC, USD, EUR, GBP | Instantly Mine & Trade GH/s on: April 23, 2015, 09:37:45 AM
I've passed your remarks on to the team.

Please contact support if you'd like and explain what has happened. Thanks.

Thanks Marco, but I really don't know what to add. I am open to discuss and to respond to specific questions though, if there are any.


Withdrawal are taking hours now? or is it only on my account having some problems?

They don't take that long normally. I'll take a look into it.

I am waiting too for the withdrawal for about 2h, maybe more, if this helps.
15692  Economy / Exchanges / Re: [ANN] BIT-X.com | Exchange BTC, LTC, USD, EUR, GBP | Instantly Mine & Trade GH/s on: April 23, 2015, 09:13:45 AM
Google authenticator is now available! Check it out: https://bit-x.com/account/default/dashboard (under 'Security Section' then 'Two-Factor Authentication')

Enabling it will remove the need to receive a text message with a verification code every time you login. You will still need a valid phone number when signing up.

Unfortunately something is wrong with your google 2FA.
I am using this on the daily basis, especially on exchanges and there I have no issues.
But on Bit-X it was a bad experience: I had to enter the codes about 15 times (!!!) until one was accepted. I don't know, is your google auth clock not sync-ed well??
For now I had to switch back to SMS 2FA. Please check your google 2FA.
15693  Other / Off-topic / Re: Let my self go, walked 10 miles in florida sun. on: April 23, 2015, 09:01:18 AM
About 2 more weeks and I will switch from sitting and reading in the way to work and back to walking and listening to music.
I hate this weather. The winter was too long. The spring was too cold. But soon all will be much much better.
15694  Alternate cryptocurrencies / Mining (Altcoins) / Re: [XMR] What Hardware and Software do you use to mine the MONERO XMR on: April 23, 2015, 08:15:38 AM
It's indeed CryptoNight. As hardware you need CPU or GPU. with GPU you get good hash rates, but the power cost for GPU mining is almost bigger than the return.
For CPU, if you have newer generation CPU with AES-NI, that's the best way to mine XMR afaik.


As software, if you have indeed AES-NI, I recommend Wolf's version.
There is also Claymore miner, which includes a fee for Claymore and there are other miners too. The XMR topic has links to them.

I have no AES-NI and I use an older miner which seems to give best results for my CPU. It's a cpuminer-multi -1.0.3

I get on my CPU 60-70 H/s. I have an old i7 920.
15695  Bitcoin / Bitcoin Discussion / Re: I invented this ask me a question on: April 22, 2015, 04:56:20 PM
Too long for usual trolling.
And too odd to be true. Though sometimes "truth is stranger than fiction" (TM).

It starts with a smiley(?). It somehow tells about BipolarBob(?).
But .. Bitcoin was invented in 2007. And if you worked on it, you should know better.
15696  Economy / Service Discussion / Re: Cex.io on: April 22, 2015, 01:43:12 PM
When the mining stopped there, I was under the limit too. I converted to dogecoin and withdrawn.
It may be safer than depositing, just an idea.
15697  Bitcoin / Project Development / Re: [Beta][Seedbox] Free "cloud" seedbox on: April 22, 2015, 11:13:15 AM
After the maintenance the ratio of the torrents was lost / reset to 0.
May worth a look for when you're going professional / payed  Wink
15698  Bitcoin / Bitcoin Discussion / Re: Interpol Builds Their Own Digital Currency on: April 22, 2015, 11:03:17 AM
It's a good news and a good idea. Let them do that.

It's normal to learn if you want to protect.
If I would have my own coin, would it be a big news? I don't think so.
Would you prefer them to pollute bitcoin blockchain with their tests? I don't think so.

So, again: it's a good news. Also, brings more attention to this direction and gives a better sense of safety.
15699  Other / Politics & Society / Re: Why Google Is the New Evil Empire on: April 22, 2015, 10:58:06 AM
From the browser google will know only what you want them to know.
You don't have to find everything with their search engine, you don't have to use chrome.
They sell the info about you. So all you share, it's not only theirs.
And then what's the worse dark empire, Google you know about or the others buying from Google, doing a lot else with your info and you'll never know? Debatable, I'd say.


The only thing I'd be worried about would be Android, where you kinda have to share all your info.
And iOS is not better.
Here a solution would be interesting.
15700  Economy / Speculation / Re: Do you think 1.00 BTC will worth more than $10,000.00 USD at any time in 2015? on: April 22, 2015, 10:51:44 AM
Do you think 1.00 BTC will worth more than $10,000.00 USD at any time in 2015?

In 2015 no chance at all. Not even in 2016.
Maybe in 2019 - 2020...
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