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1721  Other / Off-topic / Re: Alright, I am going to ask for advice. on: October 27, 2011, 02:34:05 AM
If you're 10 I could understand that.  I'll assume you are a bit older than that.  Really the help you need is to get a better channel for advice.

How will you get to know them if you don't hang out?  If you are nervous she is going to slice you up for stew and put you in the freezer, try a public place thing first - nothing dramatic, but then either of you can back out if it goes horribly wrong.

If they're nice, what's the worst that can happen?  (ignore the freezer comment above)
1722  Bitcoin / Bitcoin Discussion / Re: At what pricepoint is bitcoin dead? on: October 26, 2011, 07:52:19 PM
i looked out the window today and it looked a lot like brisbane, australia.

Clearly that is a problem with your window. Have you considered taking it in for service?

Just to double check, PatrickHarnett and I looked out our windows. It seems highly unlikely that is brisbane, australia. There should be a river.

The window isn't broken, maybe it just needs cleaning. 

Normally Australia isn't outside - haven't been there since August - but it was to Brisbane, and I didn't see the river.
1723  Bitcoin / Bitcoin Discussion / Re: An interesting read about Bitcoin & legislation... on: October 26, 2011, 03:41:35 AM
It is a good post, and the writer has gone out of their way to be helpful.  The terms used are familiar in several jurisdictions and obviously the questions posed included important aspects of deposit taking and transfer/aml which trip up many people.  One of the nice points is that in the FSR rules, there is probably an exemption, it will be a case of finding it.
1724  Bitcoin / Bitcoin Discussion / Re: At what pricepoint is bitcoin dead? on: October 25, 2011, 11:33:26 PM
THis is america people

funny, it doesn't look like america.

i looked out the window today and it looked a lot like brisbane, australia.


Not america here either.  I wonder if people would like to remember Mcarthyism - it's still alive and well in the USA, and now has several high powered bits of legislation enshrining it (Patriot Act and the lovely department of homeland security).  If you haven't seen your local gestapo doing data matching on everything, then obviously you've never been on a plane.
1725  Other / Archival / Re: delete on: October 24, 2011, 07:45:48 PM
I like my little I0coins - at least I could solo mine on it.  I have three wallets around the place and about 100k of coin (it would be tedious to actually add it up).
1726  Other / CPU/GPU Bitcoin mining hardware / Re: Crazyness Build Time on: October 23, 2011, 06:09:30 AM
Don't know if it is still current, but I was looking at this last year (different application) and found some Compaq stuff.  4 16x slots for $3.5k from memory - there were cheaper ways to do this, and having boards with 4 GPUs is ok for what I'm playing with.
1727  Economy / Currency exchange / Re: Bitcoin -> i0coin on: October 22, 2011, 09:52:54 PM
yep, have a few - any price indication?
1728  Bitcoin / Bitcoin Discussion / Re: Mass panic buy when reaches $1? on: October 22, 2011, 09:44:11 PM
You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO.  I'm still working on bringing my average buy price down.

Yeah but if you sold that 10k worth of bitcoins when it was at 2.50, you'd be selling them at a nickel a piece Smiley
Today I see them above $3 and the volume is sufficiently large that the price would not be driven to $0.05. 

I find it  tiresome when people do not know the depth of the market and how it works and/or make silly statements like that.  Please try harder.
1729  Bitcoin / Bitcoin Discussion / Re: Mass panic buy when reaches $1? on: October 21, 2011, 08:46:18 PM
You may have noticed there's an anti-log faction on this forum. Plus, minus good. Multiplication, division bad. Exponentiation doesn't exist.

Possibly true - if I had put $10k on at $2 and it was +25% to $2.50 in a day - WOO HOO.  I'm still working on bringing my average buy price down.
1730  Bitcoin / Bitcoin Discussion / Re: Tradehill Down or Gone ??? on: October 20, 2011, 07:56:37 PM
If serious stock exchange was unavailable for such a long time, it would be in news all over the world...

most serious stock exchanges are open about 8-9 hours a day, business days only - demanding 24/7 uptime on BTC exchanges is a bit different
1731  Economy / Speculation / Re: Exchanges shutting down on: October 20, 2011, 07:36:03 PM


if i total the 4 volume currency bars i get 4.4 M USD revenue.  multiply by 1.2% gives monthly revenues of $52800.  more than enough for expenses plus healthy profits.

Or just take the 30-day volume from bitcoin charts.

MtGox = USD5.416m
TradeHill = USD0.585m
Several others > $100k

Even some of the little start-ups have modest volume over $1000 in a month, and while they will not get very rich even at a 1% fee, it's not costing them a lot to set up.
1732  Other / Off-topic / Re: This is my 200th post on this forum on: October 20, 2011, 01:41:16 AM
I'll waste my #200 post here.  Smiley
1733  Economy / Speculation / Re: Dead Cat Bounce ??!! on: October 20, 2011, 01:35:57 AM

0.0025 means one can buy the entire market for 20k USD. Get some sleep and think this over.

This thread is still going?  I thought it might have "died faster than bitcoin" ha ha ha ha ha

The point about the minimum "market value" is relevant here, and this reinforces it.  Other threads and the bitcoin users in general have an appetite to have some coin even if only as a curiosity.  A few people with $100 each supports that 0.001 price, but more likely if it got below $100k I would be genuinely surprised ($70,000 for 7 million coins is 1 cent each).  At the moment it's still 200+ times tat amount.
1734  Economy / Speculation / Re: Denial on: October 20, 2011, 01:29:35 AM
I like reading Mr Nagle's posts - they are very one-sided.  If I made as many predictions I'm sure at least one would succeed.

I don't think it will rise like a phoenix (and you might want to check your mythology about rebirth of phoenix).

The main point is one of time-scale.  If I applied the same logic to the world financial system in 2007/08, we all would have given up a couple of years ago.  I have a longer term view, years, not weeks like most of the panicky people that love to post gloom and bonanza all over the forum.
1735  Other / Beginners & Help / Re: Beginner needs help! on: October 20, 2011, 01:23:53 AM
Current block count is around 150,000.  Still needs to complete updating.

Does your wallet say it is connected and downloading?
1736  Bitcoin / Bitcoin Discussion / Re: Mass panic buy when reaches $1? on: October 19, 2011, 10:01:09 PM
Or more that the price can reach $1.  It could fall lower and when I was considering this yesterday thought $0.10 would be a fair price to bottom out.

Because people are illogical, selling at $1 when you buy at $10, people will probably hold in the *hope* it might be worth something, but not too pissed that they've lost another $1/coin as it falls to zero.  Plus, it doesn't cost too much to just leave the coins in a wallet.
1737  Other / CPU/GPU Bitcoin mining hardware / Re: Crazyness Build Time on: October 19, 2011, 02:33:45 AM
Ok, well I have 4 pcmcia connectors so Im going to try it out on them when they arrive.
PCMCIA cannot be adapted to PCI Express. Only a purely generic bus or something that is basically already PCI can be adapted to PCI Express.

I thought they were trying to use an interface that is used in some laptop connections to link to PCIe - there are some cumbersome methods to do that.

If money is really no object, they should be adding an external PCIe enclosure.
1738  Economy / Speculation / Re: Exchanges shutting down on: October 18, 2011, 09:51:57 PM
When I went past MtGox's office in July it was unfortunately a Saturday and closed, but the offices were part of a major corporation, not a small bitcoin trading company.  They might rent some space or use some of the hosting services for the IT company there, but not a proper "store front".

More likely they operate out of the "home" address that was hunted up some months ago.  Plus, the cost of running it once it is set up is smaller.
1739  Bitcoin / Bitcoin Discussion / Re: Media : Bitcoin is Done on: October 18, 2011, 08:56:03 PM
Interesting link and graphs - it does show some declines, but it also says it is far from saturation (pessimism and optimism).

So because I only occasionally open my wallet, I'm responsible for the fall?
1740  Other / CPU/GPU Bitcoin mining hardware / Re: Crazyness Build Time on: October 18, 2011, 03:16:15 AM
I'll ask a question having looked very hard at external PCIe connectors a while ago.  How do you connect your mobo to the pcmcia interface on the ExpressCard which is a laptop centric interface?

(that is, it is not a USB connection from the mobo - as far as I know, they don't exist yet.  there is something like a pcie splitter I think I saw a few months back - cablesarus maybe??)
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