Some substantial support building at around $430 at the moment.

5160 BTC to drop $16.

Actual mining botnets have been discussed in detail in regards to other coins and how much of a threat they pose is questionable.

Botnets are very good for some things and not very good for others. The bottom line is the owner of a botnet wants to keep his botnet as large as possible and for as much as is possible, undetected.

This makes botnets very good for DDoS attacks as the client will often not know that they are part of an attack, in contrast to this, mining is very obvious and detectable by the clients.

This means two things, this is risky for the owner of the botnet as he may have people de-infect their PC or turn it off altogether, this also makes these botnets very expensive to rent. This then throws into question not just risk/reward but whether you will actually break even.

Sys admins running server farms is much more of a risk in my opinion.

I do have to question some peoples thought process when they claim that a GPU coin is much much fairer than a CPU coin. Do they not think that there are huge GPU farms that rape the GPU coins as well. The main combatant is pools which allow the big farms to solo mine and then everyone else to mine on pools. 

Okay good to know, Ill point some your way.

What are the chances of being paid?

Yeah but like all businesses that take loses you move on. Im not saying that the theft was legit etc just thats what a business does. I don't get the relevance that has to your proclamation that SR bust had a lasting negative effect on price.

I don't disagree with you about the image but that doesn't directly relate to price. Drugs in general have a pretty bad image but they're darn expensive

You say that it a negative feature for most else but why don't they see that as a negative feature of fiat? Or are we being hypocritical?

The answer to your points every time though in regards to Bitcoin and drugs/crime is $$$$. Plain and simple. Plus not only because most crimes involving money use the $, £ etc but also what big time criminal, drug dealer or arms dealer would want to hold and transact in BTC for large amounts!!!!

Major criminals don't want to hold BTC for the same reason you claim no one should be investing in, volatility, pyramid scheme, can't gurantee value etc etc. Explain this to me as well then. Im fat Tony and I've just done a big arms deal for BTC Ive got people to pay who don't want BTC and I need to buy my wife some nice things. How do I go about liquidating say $5mm worth of Bitcoin or around 10,000 BTC ?

Not only would it be difficult to use an exchange due to KYC, AML, bank transfers but look at the volumes recently trying to liquidate that many coins is not easy in fact almost impossible if you agree a $ to BTC rate when you make the deal. You would end up loosing way more than the agreed deal due to not being able to liquidate that many coins at spot price. Do you see the issue here in an argument that many millions of dollars of criminal activity is done in BTC. Im talking actual criminals here not just someone selling a bit of weed.

I have a little chuckle to myself every time Jorge mentions silk road as having a negative effect on price.

You do realise Jorge that there are more listings on SR 2.0 than was on the original silk road at the time it was taken down. Thats not to mention the other market places such as Agora that are doing a lot of business. Thats the thing with decentralization and prohibition. Its unstoppable.

I have to disagree, he has been instrumental this year for City and is definitely one of the best French players around. The French just cant handle personalities and aren't a team in harmony anyway . I know the opinion is 50-50 with most people that I've spoke to I personally feel he's a world class player and should go. 

Oh I see, no worries then for superresistant wanting to keep track of work done if they aren't submitting blocks

I dont understand this point. If they definitely aren't finding blocks then you wouldn't get paid either way.

Why?

They've said many times its a test pool and payouts aren't working. People are voluntarily giving some hashing power to help the testing. If you dont want to help with that don't point any miners there. They aren't hiding it, its not supposed to be for everyone to point their hashing power to but how are you supposed to test a written from scratch pool without getting some volunteers.

This is a good point.

I think that the upper echelon will for sure try and resist it but in a world wide system there is almost nothing they can do to stop people acquiring it.

It is somewhat akin to the situation in China though. On a global scale Bitcoin is unstoppable in regards to owning it and transacting in it, thats the beauty of a decentralized system.

What can be done is to make it harder and harder to get. Luckily with the internet and the wealth of knowledge contained within it this the ''getting" part is becoming easier and easier.

As far as Im aware the pools are being tested and the payout portion isn't complete. This means the pool is likely finding blocks but not paying out yet, this is why www.moneropool.com is offering a payout later depending on how much hashing power you contribute. There's no way of knowing how many blocks they find so for all you know they could be finding loads and end up making money off peoples hashing power.

Thats why they're in test, mine on one if you want but know you might not be getting your fair share.

lol, no. Your saying that people only use the forum to post to get paid and wouldn't use it or post unless they were getting paid.

I'm sure he has, I haven't once said he doesn't or should be banned. I posted an opinion and he decided he wanted to rise to it, I didnt single him out or use his name, it was just funny that the person who decided he wanted to argue with me has so many posts in the thread.


Not sure why you keep saying to PM you, you had the problem with my opinion and if you want to continue the conversation PM me, Ive said this 4-5 times!

Yes, its one of the most exciting coins due to the anon features and other advantages.

How many other coins have got their own exchange within a few weeks of launch.

lol

Dont worry I wouldn't even consider wasting my time manually going through the thread and counting your posts, your not that special.

Click print which is under reply.

Then ctrl + f.

Then type Post by: hilariousandco

Shut you up about your claims of gross exaggeration though didn't it 

Ciao.

Okay just to prove my point (and falsify this fools claims that I am making  "even grosser exaggerations").

hilariousandco has 59 posts in this thread out of 1543 that's 3.8% .

If we say 150 members have signed up with starting posts since the start of the campaign, we can say the total general posts is about 1390.

59 out of 1390 is 4.25%.

Please go ahead and argue with math and show me my "gross exaggeration".

Someone's jelly? Are you 5 ?

Nobodies jealous because you got made redundant so all you do all day is sit online and have no life.

Your words not mine   https://bitcointalk.org/index.php?topic=291387.msg3727563#msg3727563

Stop replying on this thread if you want to continue the conversation PM ME

Ritz when you see this please delete these posts, nobody should be getting paid for them.

Oh please tell me more about my gross exaggerations (learn how to spell it).  In fact its closer to 4% of all the posts and if you take out peoples starting posts its closer to 5%.

My own advice would be not to have 1 in 20 posts on a sig campaigns board so I already follow it thanks.

You cant say anything you have nearly 10,000 posts in 6 months and are in the top 10 posters of the whole forum. Your either spamming, making posts for posts sake or have no life, pick one.

No doubt you will reply (it goes towards your post count after all) but I wont reply to you again, if you want to continue the conversation we can do so via PM.

Indias GDP is 1.842 trillion USD (2012). The wealth distribution is also terrible, yes there are plenty of poor civilians but a gdp in the top 10 should answer your question. In the same way that there are homeless people and people living on the breadline in western countries who would not be interested in BTC as their main priority is to survive.

Funny thing as well is Bitcoin can actually help the homeless and less well off http://www.wired.com/2013/09/bitcoin-homeless/

Faucets and the sig campaigns on here are like a months wages to some people throughout the world.