So bitmessage is essentially snapchat (i think, i dont use it) plus encryption. My cryptosense isn't particularly adept, but the bit about 'passive operating mode' seems too much like "security through obscurity" rather than security through mathematics (sending parts of message/acks through other paths to obscure a communication channel). Not that this matters much on the replacement-of-email level, but on a currency exchange level it makes all the difference in the world. Currently accepting any explanations that will help me ->  |
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Has anybody else noticed the ultra short term inverse relationship between mtgox <-> btce?
When gox goes up btce goes down and verse visa.
I'm not sure exactly why, but it might be because they are more difficult to fund. They do have a lot of alt crypto-currencies, which can take away from what would normally be put into BTC. There's also the investors mentality, some exchanges have more bears than others. Perhaps there is something to do with the limited supply and demand as well. Eh its not really fair to look at very short term relationships between Gox/BTCe, considering the volume is ~2 decades less. Also, don't underestimate the trollbox. I've seen prices pushed around +/-2 USD from textpanic in there. In general, they follow each other proportionally. Also, yes, it is fun to play a bit of time-arbitrage with LTC. I have not seen, however, a separation of 10 USD/BTC Gox/BTCe in quite a while. |
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With all this bad news and lag surrounding MtGox, why haven't people been leaving? Is it fear of lower liquidity? Chicken-or-egg problem? Catch-22? (all the same thing I believe)
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Dwolla has been issued a seizure warrant. This means MtGox's Dwolla account and the funds held in that account have been seized until the investigation is concluded. This does not mean they will get those funds back. That will be determined by the outcome of the investigation.
Mt.Gox is most likely a target for several factors. 1. The fact that I can deposit in USD and buy bitcoin then transfer those bitcoin anonymously to any where I want in the world, sell those for a currency other than USD and then deposit that currency into a foreign account with no regulation, or taxation is where the US AML (Anti Money Laundering) and KYC (Know Your Customer) policies take effect. Mt.Gox can not reasonably provide an account of transactions to the US Government showing what happened to either the funds or the bitcoin.
IMO this is what they are going to use to begin shutting down all US based funding to any form of bitcoin trading platform.
The US Government has a number of bills in place that they are trying to pass such as SOPA, Online taxation, etc. 25 States in the US already have internet filtering laws. I am sure after the media frenzy a team was assembled to investigate Bitcoin and to see how/if it can in fact be regulated and taxed and when it was determined this would not be possible they have switched gears to shutting it down.
This is exactly how it started when it came to online gambling. Seizure warrants, cease and desists were sent to every financial institution in the states banning them from funding any site that allowed card games and/or games of chance.
For those of you saying Dwolla sucks anyway I agree. However Dwolla is the leading US funding source for MtGox, the most widely used, and widely publicized. If you were trying to send a clear message would you go for the jugular or start with the toes? They don't care about the "little guys" YET.
Tradehill, Coinbase, CampBX, these are all US Based trading platforms. I would keep your eyes on these. If and when any or all of them get shut down for similar issues then you will know without a doubt that the US is moving forward to quietly wipe out Bitcoin.
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Goxlag being manipulated... increasing rapidly w/o trades.
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...
CampBX
...
In the interest of competition, I can't endorse CampBX any longer. Even at their super low trade volumes, they have issues with lag and page loads. I personally recommend BTC-e for the moment. Decent liquidity for us small fish (100 BTC accounts and under), and zero issue with lag. |
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Anyone have an idea how much sample chips will be send for a batch of 10.000 chips?
Speculating here... but my guess is a minimum of 32 and a maximum of 100, per 10K order. |
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Can someone with enough knowledge tell me if a user that has avalon chips, can take this plans and let a company create a miner for him? Is it possible or is more needed?
Can it be done DIY, if you manage to get the parts?
And the software, firmware and so on is it freely available? I guess the miners that run with avalons would run with this miner too, right?
Today/this weekend, I'm going to investigate the building out of units based precisely on the reference design, and see if it'd be worth it to organize a group buy. This is hopefully assuming that Bitsyncom will be providing software. I haven't had a chance to look at the schematics in depth, but I didn't see a microcontroller, but rather an FPGA. Reverse-engineering what's happening inside it would probably prove to be a major pain. An fpga sound expensive. The other miner developers dont need one. For example the klondike-project (see my signature). So im really wondering if the alternate design will be cheaper than the original one at the end. Interesting this all... It's just for control and data pre-processing. It's not for hashing. $24.27/pc in single quantities. http://www.digikey.com/scripts/dksearch/dksus.dll?vendor=0&keywords=XC6SLX16-2FTG256C&stock=1 |
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Can someone with enough knowledge tell me if a user that has avalon chips, can take this plans and let a company create a miner for him? Is it possible or is more needed?
Can it be done DIY, if you manage to get the parts?
And the software, firmware and so on is it freely available? I guess the miners that run with avalons would run with this miner too, right?
Today/this weekend, I'm going to investigate the building out of units based precisely on the reference design, and see if it'd be worth it to organize a group buy. This is hopefully assuming that Bitsyncom will be providing software. I haven't had a chance to look at the schematics in depth, but I didn't see a microcontroller, but rather an FPGA. Reverse-engineering what's happening inside it would probably prove to be a major pain. |
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Let the hardware dev shitstorm commence!!! Downloading altium viewer now  |
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this bollinger squeeeeze is suffocating.
i think i could learn to love it though.
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...
Also the price per GH/s is also very good.
1.5GH/s for 1 BTC.
Compared to what? |
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Holy crap, i BLINKED and it jumped $8.
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1800 BTC dump just now. $102.
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Bulls, any last words?
"Donk. Donk donk. Donk.... Dink!" I'm using 1.00 as a minimum trade volume. It's more like: "Donk. Donk donk. Donk. Donk. Donk donk. Donk. Donk. Donk donk. Donk. Donk. Donk donk. Donk... Dink!"  Good gravy that has got to get on your nerves! |
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Bulls, any last words?
"Donk. Donk donk. Donk.... Dink!" |
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only bot on bot action now, Phwoar! Hot bot on bot action, banging each other hard, spraying satoshi in each others faces.. This is the HARDCORE movement tracker right? Should be the right place for that kind of observation  EDIT: Yes, I am that bored by it, too.  I have a feeling that when it happens, its going to happen fast. Don't know what "it" is yet, but we will see. Doesnt it always? Sounds like rpietila with his "I am 50% certain" comments  |
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If everyone gets their money, and buys in, it will climb, not crash, surely.
That's the logical way to think. |
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Japanese banks open at 9am correct? 45 minutes from now?
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Short term pennant formed, ends with doji, lookin at 15m or 30m charts. (Continuation)
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