Yeah I know but I didnt suggest the website  lol.  Someone else did above.

And im not really one for showing up in my car and handing cash to some dude.

Too weird.

LocalBitcoin seems like a bit of a ripoff to me.

Dude is willing to use Moneygram but he's listing BTC at $99 even though the market value right now is $82.   I asked him to lower the price and he said i can get discounts if I buy more.

Im not trying to get ripped off here.  

If LocalBitcoins don't sell BTC at market value or close to it, why would I buy through them?   Id rather just wait the insane 8 days for coinbase to finish the transaction.

Am i not getting something?

I may use your service for a Magento plug-in on my online store, but do you do what I mentioned above?   USA based CVS deposits using Moneygram that go directly to an MTGOX or other exchange account from cash in a matter of hours?   Based on your home page, you don't even seem to be in the USA.   

So fed up with that poorly programmed site.   Its clear that nobody has done an ounce of testing on the web pages they created.  Just the login / registration page is saturated with bugs and improper handling of basic things like text on forms.  Its incredible.  I haven't been able to get logged in for 4 weeks now, and after they fixed it for me, it broke in 10 more ways.  Still can't get logged in.  My friend says he can, and while inside the site, everything malfunctions.

Done trying.

Is there any other website or service that allows CVS moneygram / zipzap cash deposits that will get into MTGOX or other exchanges in a matter of hours?  I'd be happy with a day or two even.  Something faster than this ridiculous Week Long wait Coinbase forces on me, or the $40 international wire fee followed by 3-4 day wait of MTGOX ...

Thanks.

This thread is a grammar catastrophe.  I can't buy from a guy who talks like Popeye.

Hi Peter -

Im definitely no expert.   I believe you guys refer lovingly to me as a "NEWB"  

This!   Answers my question perfectly.  I think ...
So its not the difficulty which will inevitably rise forever and ever.  And the hardware chasing it.
Its the hardware which defines the difficulty.  When the hardware power doesn't increase anymore, a stalemate wont be reached.  In fact we will reach a "plateau".
Sure there will be companies out there fighting to have a bigger and bigger machine.
There will be some rich people who will have the fastest of the bunch.  
But unless they continue to increase their machine power, the difficulty wont budge.

Everyone will settle into a comfortable groove.  

I almost wonder how that will play out then.  
As human nature kicks in.  
What will the dynamic be in ... 2, 5, 10 years. 
Maybe difficulty begins to increase only every 6 months as new computer power is "invented"
As the computing industry has its natural progression of hardware improvement.
I wonder what shady things will begin happening by those wanting to own the bitcoin mining dominance...

So interesting.  Love this stuff...

Thanks guys/girls.

Mining difficulty will increase exponentially.

The hardware necessary to mine it substantially, already costs upwards of $22,000 USD.

That price, this early in the game.

For such insane "power" that I dare say it pushes the limits of our technology already.

You will need stronger, faster, better machines just to mine a few coins after that.

What if the price of Bitcoin stays at around $100 ... yet the difficulty skyrockets?


Everyone is going to need the $22,000 Mining Rig just to mine a few coins.  But nobody is going to pay $22,000 just to mine a few coins.

The difficulty will surpass the cost of the rigs necessary to mine it.

Won't we get to a point (fairly soon) where a $22,000 RIG won't be sufficient ?

Then what?   "They'll have to bring down the price of the Rig" right?   But they can't.  Because the cost to make the Rig itself will be too high.  Let alone including a retail markup.

So you are left with $50,000 machines that can only mine a handful of $100 coins.

How is this going to play out? 

Stalemate?

Duplicate

Im actually running "EasyMiner" app on the iphone which worked fine with Litecoin.

However I have three workers who are showing as "Active? - N" and showing 0 kh/s rate as well, even though they are chugging away.

The typical hash rate on the iPhone is about 0.4 KH ... is that too small to register on your pool?  Worked fine with the Litecoin pool I was using.

I have 5 users:

laptop 1 - 36 KH
laptop 2 - 14 KH
iPod - 0.30 kH
iPhone - 0.40 kH
iPad - 0.40 kH

The last three are showing as Not active and 0 khash ...

Issue 2:  One of my laptop Hash rates popped into my Ipod user slot incorrectly at one point.
Issue 3:  One of the laptops went from "Y" to "N" on active even though it was still chugging away.

I ran into a tutorial for mining feathercoin which mentioned in order to mine with the QT wallet software you must download a  Pooler CPU Miner set of files for my operating system.  https://github.com/pooler/cpuminer/downloads This is the first time i had ever heard this.  And it worked.  Previously, I could not get my Litecoin wallet to mine at all.  Is it possible that this is why?  I never downladed these extra files and put them into the QT directory?

Do I use the same files for both the litecoin QT wallet software and the feathercoin QT software?
Where exactly do I place the files for the Litecoin QT wallet?  With feathercoin there is only one directory.

Thank you.

Allow me to explain why I ask.

Basically I missed the Bitcoin thing, as many of us did.  But many here were tinkering with mining it when it was only $2.00 too. 

Then I missed the Litecoin thing.  Why?   Because with my current hardware, I can't mine it.  My $7,000 in Sony Vaio Laptops can barely crack 7 kh/s.

Even with the AMD GPU in one of them, which simply doesn't work with any mining software.  Lucky me.

So im wondering if there's a third little fella out there who is still simple to mine with a CPU.  Still early.  And is getting repeat-references from people more often than the others.  Something I could still mine.  Or at the very least, purchase for dirt cheap and get a large quantity of.

Thank you.

What would the *community as a whole* say is the next step down from ...

> Bitcoin .... > Litecoin .... >  ?

By step down I mean most likely to succeed, in the eyes of the financial  (or at least the Bitcoin) community.

What would be your pick for the 3rd player here?

Please resist all temptation to promote your random self made currency. 

I'm wondering who the other big player is if you had to pick a third.

Thank you.

Is anyone actually reading what I am writing?

And what is okay?  It still doesn't start mining with a "1" in the vector box.

What about all the other boxes, which, as I have now stated 3 times, need to be filled, or the mining won't begin?

With "1" in vector and "256" in the work size ... it puts out the error:  "thread-concurrency requires an argument".

So reply # 1 above is wrong:  It doesn't just start mining with everything left blank.
Reply # 2 above is wrong:  doesn't address the problem.

Anyone have any input that will actually address the original post?

Repeat ... repeat...

Actually to the contrary, leaving everything blank results in errors.

When I just put Host and Port and Username and password, it gives me the error:

"invalid value passed to : worksize".

And it wont even start.

So I put in a worksize ... 256 .... Press Start.

Error:  "invalid value passed to:  Set vector" ...

And so forth.

It expects you to put something in every single box.  Or it wont even begin.   So ... can you clarify what I need to do here?

Love how insanely complex this is ...

What did you do, completely gloss over my last post?  here it is for you again, since you clearly don't know how to read:
I am being screwed, as are hundreds of other people, because they can address these concerns, and they are ignoring support requests.

They're holding peoples money, including mine, in their bank account, but they're not giving it to the proper owners.
I realize I made a mistake, as others have, but that does not give them the right to hold $250+ of mine in their bank account, to attend to it at their leisure.
I politely waited one, two, even three days for a timely response from support on a transaction that was supposed to take 1 hour.
I am now at day 11 and not a single thing has been done.
I expected "instant" purchase of bitcoin at a certain price, and that price is now long gone.  

Why is it now their fault?   Because they've had plenty of time to address the issue.  

Not sure what you don't comprehend about that, but clearly you're not grasping what's being said.
Their lack of responsiveness is resulting in lost money for hundreds of people.   Do you comprehend that?  
Being screwed can come in many different forms.  Not just the single solitary form your brain is apparently able to understand.

Go look at their facebook wall and look how many people are being screwed all for the same reason:  
No response to their support requests, resulting in NO MONEY for over a week or two.
Lost deposits.  User errors on addresses  - resulting in money still sitting in their bank account, but they are not doling it out.
Ya think that might upset people since they're holding people's funds while providing an "instant" service for "instant" BTC purchases?
Ya think?
Have I held your hand enough through this?  Doubt it.  Commence more ignoramus comments.

Yes you're right, I intended to trick all of you, and you're just the smart one who caught me in my evil plot!  
*eyeroll*
Or ... actually ... your mind isn't capable of grasping more than one form of "screwing" ....

PS:  your signature is *monumentally* annoying.   Spam much?

Wow.  Did you all fail reading comprehension 101?

Did I say anything about demanding a refund?   "Okaaayyyyyy" ...  No. The issue I have with them, is the same issue everyone has with them.  They aren't responding to support requests.  For nearly 10 days now. 

They've already told me the money isn't lost.  But we are all being screwed by them because they're failing to address the concerns which they do have the ability to address.  There are hundreds of people not getting their cash right now, for many different reasons.  Yes, in my case I sent to the wrong address.  Did I say anything about it being their fault?  No.  What is their fault is that its been 10 days and I have been ignored by their support team, after being reassured that its being worked on.  Same issue everyone else is having.

I wont even get into how freaking impossible it is for a newbie to find the correct "receiving address" on MTGOX.com.  Seriously its a total usability disaster on that site.  I did my best, found what I thought was my receiving address, and it ended up being their "API Deposit" address.  Whatever the F that is ... nothing in the bitcoin world has documentation or explanations.  I'm not an unintelligent person, and I would challenge any first time user to find the correct receiving address on MTGOX. 

In any case, take a look at their facebook wall sometime.  https://www.facebook.com/Bitinstant

In the meantime, learn to read, people.

-BB-

Why does it have to be so difficult to start mining?  I mean seriously ... zero documentation.  Zero information with the program.  Just a bunch of fields and no explanations.  People who aren't veterans with this stuff could never figure any of it out.

That being said ... I can't get GUIMiner to start mining.  Ill give you as much info as I can.  Hopefully there's a solution:

Litecoin Mining
Pool:  pooledbits.com
Port: 8338
Sony Vaio laptop with external media dock which contains AMD 6650M ... which I believe is active as it is connected to this laptop.

Now ... the wonderfully confusing fields on GUIminer:

Host:  pooledbits.com
Port:  8338
Device:  Says "TOUCAN".   Dropdown also lists my CPU.  But when i select that, it says "no such device" when I press "Start Mining".  So i leave it on Toucan.
Thread Concurrancy:   Hell if I know.  5760
Vectors:  No idea - 1?
GPU Threads:   no idea - 2?
Use Stratum:   No idea - Yes?
Extra Flags:  blank
Worksize: 256
Intensity: 16

GPU Defaults:  my AMD 6650M is not listed in this dropdown.  A bunch of other numbers are.  So i have no idea what to pick here?

With all of this selected, when I press START, it just says "Connecting...."   The computer gets really loud.  Nothing happens.

2013-06-22 02:34:13: Running command: "C:\Users\Kevin\Desktop\gm\cgminer\cgminer.exe" --scrypt -u BittBurger.4 -p xxxx -o stratum+tcp://pooledbits.com:8338 --gpu-platform 0 -d 0 -w 256 -v 1 -I 16 -g 2 -l 1 -T  --thread-concurrency 5760
2013-06-22 02:34:13: Listener for "Default" started

And nothing happens.

What is set wrong?

Well I am 11 days in to being screwed by Bitinstant.  Not the current issue with their broken site, and hundreds of angry customers.  I simply put the wrong "receiving address" for my funds, and they never got sent to MTGOX.   But since Bitinstant's support team reminds me of a group of retarded 3rd graders, they haven't managed to figure out that I'm a unique situation, and resolved my problem.  So here I sit with $250 held up in their system and being ignored by them for 11 days.

I wanted to buy Litecoins.

How can i get Litecoins without Bitinstant at this stage?  I know this has been asked before, but there must be a more reliable way to get funds up online to buy Litecoin.

Thank you.

I just got a bunch of malware and adware installed on my system - brand new computer - so pissed ... so I need to do a system restore.

I am going to toss all my files onto an external drive.

How do I get my bitcoins off this computer safely without all that insanely complex nonsense for making a paper wallet or cold storage?  I dont have the technicall know-how to do all of that.

Is there some way i can get them onto the external drive safely?   Maybe just copy the Bitcoin-QT files onto the drive?

Or would just the DAT file be sufficient?

Guys i am totally new to all of this.  I swear on my life (i could be totally wrong) that while logged into Bitinstant, i set up an "OTP" .  

"the car and while you cat can fart green pseudo"

Basically a bunch of words.

1)  Does that sound like a typical OTP?   Long sets of words like that?  Because I can't get logged into Bitinstant anymore.   I *may* have been registering on another site when I saw that list of words.  I simply can't remember.  I was registering a bunch of pools at the same time.

2)  OTP means one time password, so that implies you only use it once?   Not every time you log in like a Yubikey?  

Do you basically paste in the entire set of words with spaces?

It simply wont let me log in.  And this was righta fter i finished a deposit into their account.  :-/