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1741  Economy / Speculation / Re: Why We Can't Let Go of Our Losers on: October 18, 2011, 02:49:22 AM
No hats to any of you who didn't feel any sarcasm...
I thought it was a lovely graph.

What is funny are those that want to link irrational human behaviour to empirical analysis.

Another thought for the OP, I have some stocks/equities, and they are priced well below my buy-in price, but it means my dividend yield looks better on a percentage basis.  ie, a $1000 dividend on x shares when the price is $1.00 or $0.80 is still $1000.
1742  Other / CPU/GPU Bitcoin mining hardware / Re: will PCI to PCI-E Expresscard Card Adapter work with old desktops? on: October 17, 2011, 10:09:53 PM
Make sure the adapter is going the right way as the naming convention is not set.  many allow PCI cards to be used in PCIe slots, not the other way around.

If you find the right ones, yes, you can use them because the bus traffic is low.
1743  Bitcoin / Bitcoin Discussion / Re: Split electricity and network bills? - 5 BTC bounty on: October 17, 2011, 07:32:56 PM
I was offering BTC for the information - i.e. I would pay.  I thought $20 of coin would be reasonable yesterday, although it looks a little less today.

Yes, the terms change depending on country.  Network or distribution = the company that owns the poles and wires locally.  You might also have a national high-voltage network covering the major connections between power stations and the main demand centres, but usually that is included in the network bill.

I am based in New Zealand where we have a few major retailers (6) and lots of small network companies (20-30).  Fairly similar to Australia where I've also done a lot of work in this area.

The argument I am dealing with is basically as follows:
 - Retailers like to combine the network/distribution charges into the delivered price.
 - My client is a lines business that chooses to bill customers directly and the retailers can't then fudge the numbers (my cynical bias)
 - Some customers don't like paying their share of the network and are waging a campaign against the network company.
 - The local mindset is "no one else in the world does this, why do you?"

Now obviously other people around the world do actually charge separately for lines and energy.  Most are a per unit or kWh charge, some have a daily charge, but few charge a "demand charge" measured in kW to residential or small commercial.  Normally you would need a demand meter (or time-of-use/smart meter - a device that records consumption in half-hour or hour blocks, not just the total between meter reads.)


1744  Economy / Invites & Accounts / Re: [Sell] ExchB account with $84.40 on: October 17, 2011, 02:16:38 AM
It's a problem - I had a BIG $8.57 there.  I found a friend in the US who agreed to have a cheque posted to him, otherwise it would have gone to waste.  Instead, he's got enough money for Huh??
1745  Other / Beginners & Help / Re: "Pricepoint" Faggotry. on: October 16, 2011, 11:43:22 PM
Interesting point of view.

Something might have a price, and other things will be set at a particular "point" where it will sell better.

DVD's might have a "price point" at 29.99 in several different currencies, and other DVDs will have a different price, say $30.05 which will not sell as well.  The supply/demand tradeoff to maximise profit given a price might not work because people are illogical.
1746  Other / Off-topic / Re: @Atlas on: October 16, 2011, 09:18:42 PM
"It is my opinion that the Statue of Liberty is 3 inches tall"

vs

"It is my opinion that the current room temperature is too damn high!"

Or at least that's what I imagine he was referring to.

You can't really have an opinion about a proven fact.... because it's a fact.

It's a "fact" is your opinion.

Many proven "facts" are later proven false.  Also many "facts" are found on the interweb.
1747  Bitcoin / Bitcoin Discussion / Split electricity and network bills? - 5 BTC bounty on: October 16, 2011, 09:15:14 PM
This is part experiment, part business.

One of the parts of my job is working with different energy companies and recently I did a little piece of online research into places where the electricity bill comes in two parts - one the actual power and the second covering the network component.  Denmark does this, as do some companies in Rhode Island or Delaware.

I'm after a couple of examples from people who have separate bills and I thought a 5 BTC bounty for the first few (I'm thinking four or five) would be adequate to stimulate some interest.  I would need a scan of each, and a picture of the "happy" bill payer.  You can scrub the address part if you're paranoid, but being able to see and verify the charges from you local company would be important.

1748  Bitcoin / Mining support / Re: Will minning bitcoins kill your card? on: October 15, 2011, 09:57:03 PM
Yes (some faster than others, some not at all).  I run distributed computing (Boinc) projects before mining so have stressed cards longer than just June.  My graveyard covers quite a few.  Not running o/clock, and most are mem down clocked.

HD2600 - it was a cute card
HD4850 - several
HD4890 - nice card, ran hot
gt8800 - still going, but suspect
gt9800 - simple fail - not even artifacts
gtx280 - major artifacts on load, will not compute
HD5850 - tried the "oven bake" fix on this as a test, but used the fan in another card.
HD5850 - meh
HD5970 - XFX black edition, very nice paper weight
HD5970 - screens of death (blue, grey, green, black - I think the gtx280 was the only one with a pink/red screen of death)
1749  Bitcoin / Pools / Re: Why do you mine on deepbit? on: October 13, 2011, 07:18:10 PM
I mine on deepbit (less at the moment than I used to) because it worked when I was setting up, the relative size helped with variance of block discovery rate, and the 3% fee was fairly modest.  I have mined in other pools on alt-chains for fun, but nothing serious.

I notice that deepbit has its share of detractors and it might be an easy target because it is large and mines the largest share of coins.  The latest events don't mask that other pools have had problems in the past.
1750  Other / Beginners & Help / Re: Bitcoin and Kiva on: October 13, 2011, 07:06:51 PM
Eh, bump. This is a big deal guys. If Bitcoin is used in micro-lending like Kiva, it will have a huge impact on Bitcoin and small economies as a whole.



don't expect that. The bitcoin will have to be exchanged to their local currency, and when they pay it back, they are suffering the exchange rate risks. The bitcoin can only be used as a payment tool in kiva case, which is not so meaningful for the kiva.

Atlas, once you ask donation for Advertise on the WSJ, where did that funds go?

exchange risks = minor.

I go from my local currency to USD and then they go across the world.  I've donated to their organisation and the loans (from my end) are interest free.  It's a step up from gifting money (or a goat) and I get to chose where across the globe I can make a small (but very localised) difference.

At the receiving end, it is a simple matter to say "we need USD25 per loan share, so at current rates = XX BTC"  not different to saying $25 = XXX JPY or XXX GBP or XXX XYZ currency.
1751  Other / Beginners & Help / Re: Bitcoin and Kiva on: October 12, 2011, 11:51:32 PM
I would like Kiva to take Bitcoins.  I've done 30 or 40 loans and this would be a nice addition.
1752  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 09:27:42 PM

Here you go, it is very informative:
http://www.youtube.com/watch?v=u6XAPnuFjJc

I don't dispute people donate time (and other stuff).  Was just curious about this particular case.
1753  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 08:54:35 PM
Curious discussion.  I'm not being pro or anti SC or the different camps of people on either side - time will determine if it succeeds or not.

I was intrigued to see the claim that 1000+ hours at 12 hours/day have gone into this development, and the nice observation that might take a few weeks to accumulate.  I was also wondering how an advanced programmer might have that much time available unless they were unemployed, and why their skills were not in demand in employment.  Is it that SC is designed to earn them revenue?  I would find it hard to believe an aulturistic approach having spent 100k+ of valuable coder time would be a gift to humanity, but then I'm a cynic.

Declaration of interest = 70 or so solid coin (version 1 something).  no plan to mine SC, not mining much BTC either at the moment (and Locust - for your survey, I'm not USA based, but that's not hard to work out)
1754  Other / Archival / Re: delete on: October 12, 2011, 12:29:36 AM
I can confirm. This guy has got almost infinite power and $$$ and tons of connections in all areas ( he was threatening to downrank solidcoin.info on SEO etc. ). He is dangerous and not just blowing hot air.

Following the debate with interest.  The above post catches the eye.  Nice compliment in a round about sort of way.
1755  Economy / Service Discussion / Re: Bitcoin7.com - Brand new exchange market! on: October 10, 2011, 08:59:02 PM

When I clicked on the url it only lead me to announcement page.
Was it just me...?

In exchange of my disappointment I will post the site I liked personally!
www.firstnationalib.com

Has anyone heard of this site? I searched for some info and figure out that it is a company in New Zealand handling fx, gold and bitcoin. I am curious, so if anyone know about the site, please let me know!
 Smiley
"Hi, I just found this site(that I run) and I was wondering if anyone could tell me about it(the one I created).

Also, stop the hate(directed at me for being shitty at this)!"



Seriously, this has to be a joke.  Even in a community notorious for laughably transparent scams, this one ranks pretty high.

New Zealand or Colombia??  The .CO domain is the later, although .co.nz gets NZ.  Australia have a weird .com.au mix.
1756  Alternate cryptocurrencies / Altcoin Discussion / Re: New Ixcoin fork -> I0coin on: October 10, 2011, 07:13:12 PM
Thread needs a bump.

Wanted, an idiot to buy 100,000 (pick a number) I0coins.  For sale, I0coins, just like Bitcoins, but with a 5% discount. 
1757  Economy / Service Discussion / Re: Bitcoin7.com - Brand new exchange market! on: October 09, 2011, 06:13:05 PM
The neutrinos arrive not before they started, just earlier than expected.
1758  Economy / Speculation / Re: The Collapse of Bitcoin Price and Why You Shouldn't Care on: October 06, 2011, 11:50:29 PM
So, the price of flat screen tv's has crashed from over $10,000 to under $1,000.  Most people don't know how tv works, so we should just ditch the whole thing.

Good thing the geeks will buy up a few.  They might even swap one for a DVD/blueray player or a cable service - those alt-chains are so sneaky.
1759  Other / Off-topic / Re: Why are you not at Wall Street? on: October 06, 2011, 11:31:28 PM
There is an argument that the faster the USA fails, the better the world will be.  However, more realistically, in an effort to balance the US budget, the "nice to haves" like the $550billion/year on defense and waging war around the world might have to be put on the back-burner.  $240billion a year on that bloated debt appetite might also need a bit of fixing.

Total revenue   $2.17 trillion (estimated)
Total expenditures   $3.82 trillion (estimated)
figures for 2011 federal budget
1760  Economy / Service Discussion / Re: Bitcoin7.com - Brand new exchange market! on: October 06, 2011, 07:48:43 PM

Thanks for those links - I didn't find them earlier when I was having problems.  I also noticed they ditched three currencies without warning or explanation, and I was getting poor answers from their help desk for things that were clearly their problem and costing users money.  So I exited a couple of weeks ago.

The site had some nice features, but was missing others, and in the end I found I couldn't trust it.  (A bit like the way I still don't trust Gox because they do odd things with money transfer and I suspect they do not have the funds to cover all deposits.)
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