this section is a joke
most of the posters here (all of them) know very little (absolutely nothing) about economics
even if they did it's not a riveting subject
I do like some of the threads that cause people to sell but they could easily be in the bitcoin discussion
What it needs is a moderator to send all the threads of sell sell sell and buy buy buy to the trading section or wherever. |
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I have a system very similar to yours and pulling 800W. It depends on how you overclick obviously. I have set the voltage down a bit and the memory clock down a lot, while the gpu up a lot.
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Playing on people's greed with the price angle is a terrible way to promote Bitcoin because you are pulling in the wrong people before the market is ready. Even if you are only interested in driving the price up to whatever level you have set for yourself, the market is simply not liquid enough yet for the sharks and amateurs who will walk away quickly giving it a bad name. We need users without profit motives and businesses who can rely on them, without the daily dose of fear regarding the worth of their business. Well said. |
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Watch this interview with Gavin Anderson bit coin programmer/administrator. It's eye opening, especially what he says about working with the government, using bitcoin is not anonymous, the exchanges are registered with the government and complying with all laws. This guy also gave a talk to the CIA this week. You can find the link for that yourself. http://www.cbsnews.com/video/watch/?id=7368784nWas this written to scare someone? If it was, you failed. |
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Also, that probability will still throw huge gains at an agent, followed by an equally brutal dearth of gains, over time.
Look at the incredible luck MtRed mining pool had early on. They're likely in for a long walk of shame when few/no blocks show up for an entire difficulty tier... If I am not mistaken bitcoin probability is independent from round to round. You're mistaken. It doesn't matter if each round is discreet. Our probability will always reach a natural distribution. Unless someone trapped the hashing equivalent of Maxwell's Demon inside one of their GPUs... Yes, but it is just like rolling a die. The probability will reach a natural distribution, but just because you got three 6's in a row doesn't mean that you are more likely to go on a stretch without 6's in the future. Probability is funny like that. I still find that it is counter-intuitive. |
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Maximize liberty but not at the expense of equal opportunity and taking into account true human cognitive structure. As in humans cannot be reasoned to the complete absence of emotion but a group as a whole can be more reasoned than an individual. Decissions are always taken by the emotional part of the brain. Without emotions we would be unable to make any decission. This is neurology. Emotions are not a bad thing, on the contrary, are a good thing. But some people are more emotionally capable than others. Our understanding of trueth and reality is constantly being changed by new discoveries, and reality/our limitations are being changed by new inventions. as these change so can our definitions of what is just. In this sense Moral Particularism can be useful. I reject strict inflexible musturbatory constructs. "Nothing either good or bad, but thinking makes it so" -WS I currently like John Rawls... at least as far as public policy. I don't see taxation as a form of slavery if the taxes are used to protect negative freedoms or protect positive freedoms where peoples positive fredoms are impaired by the few. That is not the same as all out classical socialism as this does not go to the extent of all out full support for the poor. I do like the principal of self-ownership; not to the exclusion of all others but as one in a sea of many considerations in any given situation. Sorry, but you said nothing. You said that you want one and the other. |
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Also, that probability will still throw huge gains at an agent, followed by an equally brutal dearth of gains, over time.
Look at the incredible luck MtRed mining pool had early on. They're likely in for a long walk of shame when few/no blocks show up for an entire difficulty tier... If I am not mistaken bitcoin probability is independent from round to round. |
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Why the dollar? The dollar is doomed. We should link bitcoins to the euro. Or the chilenan peso.  |
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Hi Im trying to get LinuxCoin working but I am failing. This is what I do: (Im basically following this instructions: http://forum.bitcoin.org/index.php?topic=7374.msg136868#msg136868- From Ubuntu, I create a 1Gb FAT partition on my USB and leave the rest unformated. - Using unetbootin I install LinuxCoin in that partition. - Reboot into LinuxCoin. - This order: "fdisk /dev/sdb" ask me to reboot again with a warning about some DOS something being deprecated. I suspect it has to do with the format, because this info is different for me: This is the example: Device Boot Start End Blocks Id System
/dev/sdb1 2048 2099199 1048576 83 Linux My System is FAT32 instead of Linux. If I try to run the next order it fails. - I reboot again into LinuxCoin and "mkfs.ext4 /dev/sdb2 -L live-rw" now works. - Reboot again per instructions, check if persitence works by saving a file in the Desktop and resbooting. It does not. Any idea? |
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Murphy's law: If you would have gone solo, you would have not founded them.
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6990s are a stupid buy for mining anyway. $729.99 + 8.50 shipping for ~800Mhash/sec? .93 $/Mhash, or 1.08MHash/$.
Even if you manage to cram 4 into a computer somehow (which is as I understand it not really feasible) you're pulling less than 1Mhash/$, and generating $.017/MHash (per day).
If you buy it for a casual mining/gaming machine, it's still a crappy buy as 2x 6970s are cheaper and run better, but I'm not here to argue that I guess.
What's the MHash/J of the 6990? |
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1. I doubt anyone becomes a tycoon by throwing money away.
2. I highly doubt anyone could buy all the bitcoins even if he wanted to and accepted the incredibly high prices that it would have to suffer as supply disappears.
3. Ignoring that its not a realistic scenario, what is the point of this speculation?
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I agree...to quote a line from the movie "Strange Days", "...it's not whether you are paranoid...it's whether you are paranoid enough.."
Great, add more paranoia to the fanatic rants. That's exactly what Bitcoin needs to be taken seriously. You being paranoid does not mean they are not after you. |
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I am a Liberal and a Socialist, although not a Statist.
To me liberty is freedom from coercion. When nobody else can claim right to my labor, my time, or my body without my consent. It sounds like you should defend the free market then. |
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The hit pieces are getting bolder. I can smell the fear from here.
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Maybe it is breast milk or something weird like that.
There was a show on NPR where people were eating breast milk cheese. It made me want to stab myself in the face. It really is a strange time we live in when consuming milk from animals is considered more normal than breast milk. Human milk is animal milk. |
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Im getting stable speed of 441Mh/s on a 5870 using a pci-e x1 to x16 extender (the extender has a molex to get the energy from the PS directly and not from the motherboard, got it at cablesaurius).
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There are three broad groups of people who actually need bitcoins:
- The young, who don't have credit cards and maybe not even non parent controlled bank accounts but want to send someone money. What better way than bitcoin?
- The embarrassed, who probably don't want payments to a porn web site appearing on their credit card statement.
- The 'legally challenged', who want to order illegal goods, pay for an illegal service or just want to move money with an added layer of obscurity (tax evasion, money laundering, etc).
The rest don't really matter. Bitcoin will never be popular as long as it's a geek's toy, or used on the basis of libetarian ideals. I expect the above three groups to drive bitcoin's adoption (or failure, if they're just not interested).
Those might be the drivers at this point, as libertarians ideals and geek interest were the drivers when bitcoin was just an idea. But when/if the Bitcoin economy develops due to those drivers, Bitcoin will become a very real and efficient way of sending money around the world and as it grows more merchants will see the utility of accepting it. |
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But Blockexplorer is there, for all of us. I think you'll have to "laundry" your rich wallet. Whose talking about laundering money? I am just talking about securing your bitcoins. Because the bad guy can see the history of transactions of your "everyday" wallet. If there something suspicious, like big transfers for only one address, it's a problem. You can manually "laundry" your money generating new addresses in every transaction at your "savings" wallet. Make it little chunks at a time, with broken numbers. (Just a little paranoid right now.) In future versions of the client, Bitcoin should look more like an user-friendly password-protected crypto-currency with plausible-deniability of it's existence (multiple hidden volumes). OR kids in school should learn how to protect and secure a digital file right now. It's very hard to be your own bank, but i'm loving every minute of it. Yes, an attacker could see that you transfered money from one account (the "rich" one) to the day to day account, so what? It would be extremelly difficult for him to attack you just in the precise moment you fire up your computer with the USB and the minute you need to transfer funds to your day to day account to use them. Specially since he/she has no idea when are you going to do it and it could be months or years for you to use that USB. And then he would have to detect the new computer, find out the operating system and hack it in a few minutes. And if you are very paranoic you could to it in your neightbour computer that has a different internet conexion. There is no system 100% secure, not even the network at the Pentagon, but the odds of someone fucking you if you do this are very very low. |
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