That's funny - hash rates have fallen 30% to 40% since June and I'm doing better than before.  And at us$3/coin and my high local power rates, it's around breakeven, although I generally sell higher than that, and the extra coins provides me with some extra liquidity.

Also, if I chose to I could depreciate my computer equipment as I also use some in my work.  I have some specialist bits and pieces, including a $6000 scanner that will provide a $2k/year tax credit.  But I only have something like five computers that I claim tax credits for (and they are not miners).  if I sold my miners into a captive company, then I would be better off, but on less stable ground with the tax department

For irrational reasons I like I0coin - mined a few hundred this morning before work (less than ten blocks).  Probably because the difficulty is low and it's a nice exercise in random numbers.

I don't especially care that is is almost worthless.

Of course it is.  Sunk cost economics (either that, or I've been drinking and don't care about the thousands I've spent - mostly before I started mining)

lol

Yesterday I was working on a piece about "orderly trading" and checking various regulatory functions from places like the UK FSA (market stability) and Australian ASIC for market integrity rules.  While we still have games like this, we continue to have disorderly markets.

I did note, in looking at the FSA handbook, that Bitcoin would not call under their definition of electronic money.

Alerted a few of my European friends - they think it's a good price.

Three is a nice number, but I would say that it is the bitcoin number.

Try trading a different currency or exchange, then you'll find that while you are trading at three, others are not.  I hardly ever trade at that number, and am doing ok.  Good that you're adding to liquidity over at Gox.

One of the best things about BTC is it's huge instability.

Success would be different to different people.  I play some games (at 44), but nothing especially modern.  So some random measures could be:
 - I'm still married (25 years), alive, and my daughter is attending university next year.
 - I've done well in business, well enough to pay off my house, travel a bit and still have money in the bank.
 - My hobbies are a bit expensive (mainly my car for track purposes), and computer stuff.
 - We help keep various people alive and/or provide support to different causes (more my wife's organising than mine)

Also, I would tend not to write "buggy" or messy code, and if I promised source was supposed to be released, I'd stick by that.  I struggle to see how Solidcoin, and the people behind it measure their success as it is still struggling to gain traction.  Obfuscation and distraction generating a bunch of annoyed people doesn't seem to be very successful outcome.

I would also really like it if Ten98 could look up the definition of troll and use the term properly.

noticed your post - you're in Canada - I'll download your doc, but don't expect anything, it's more for interest.
Edit - read - interesting

Bitcoin is a get not wealthy slowly project.  Yes some people did spectacularly well, but even if you were looking at a three month payback on $10k of kit like it was back in June, that's only $100/day.  With difficulty and price changes (like D&T said), the payback is longer, and realistically, a $10k mine places other stress on your accommodation if you're doing it at home (excess heat is a big one - I'd hate to think what 10 to 40 GPUs would be like in a dorm room!?  I at least hove my small grounp of computers at the other end of my house).

If you want to get into computers and maybe bitcoin, then experiment and work it out with one or two rigs.  do it because you can afford to, not because you need the profits.

I went and looked at your post history - not interesting, possibly a little odd - not sure why you showed up here.

What were you actually trying to say? 

This thread provides some entertainment to those watching the politics of an alt chain evolution.  It's a nice microcosm of something that doesn't actually matter - unlike a similar maelstrom around the looming history in the making on the euro/drachma story.

check the exchanges and find out which is easiest to get money into and out of (and the cost) - that is likely to be the more influential aspect of your decision

I spent some time this morning reading about sovereign default and related topics.  While not exactly anti-SC, my opinion is that it is of limited duration so follow these arguments for fun.  I could suggest CH/RS might actually be George Papandreou because there are some similarities to the situation Greece is in.

Fail.

I notice worse (freaky) activity on other exchanges where random or non-existent trades occur.  This looks pretty dull.

Do you also check the sequence of trades, monitor depth and identify who is buying and selling?

As I said, MtGox trading looks dull.

Cool, maybe I should mine another block or two. 

I simply went to TM Australia and searched the four trademark databases (nothing).  I then noticed they are still designing it because they have a voting thread.  The two seem incompatible.

Still, for a few dollars someone could do the international registration (there's a Madrid Treaty) - that might stuff things up.
Anyway, I would be interested to see how someone in court or making a case will prove to their lawyers they are realsolid to assert copyright over the code (either their own or from other projects like bitcoin or oracle.  (queue image of the crucifixion scene from "Life of Brian")

The questions were more practical.  I could copyright something under my name, but if I saw (c)psy what would that mean when it came to asserting rights?

Also, if this guy is in Melbourne, from memory it's a few hundred dollars to register a trademark, but the protection might be a little limited.  I might go hunt on the Aussie govt sites.

Edit: https://bitcointalk.org/index.php?topic=50725.0

Well, if they are still voting for a design, and they are not registered, anyone with $120 can jump in and do the registration.

I thought I would have a look, although it's not a language I use, and I am not a professional coder.  I learnt that 30 years ago and haven't done real coding since my 20's.  I did see there are copyright signs in the headers and went to the licence.txt.  I am not sure if you can copyright to a made-up name, and I wonder where the trademark application was done?


The SolidCoin name is trademarked by RealSolid. All source applicable is also copyrighted by RealSolid. The copyrights and trademarks will be handed over to the SolidCoin NPO which will be created at some point in the future.

Thank you for the updated cultural reference.  "baloney" I understand - as for the others "pastrami is the most sensual of the spiced meats"  http://www.seinfeldscripts.com/TheBlood.html

Are you monitoring temps?  Say with Afterburner or similar?