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1921  Economy / Gambling / Re: china making bitcoins for the world on: November 26, 2013, 09:01:00 AM
noo this is not my post, I found it on net and just repost lol
I found this on some chinese website from twitter
it had freakin many comments in chinese or whatever language they speak there was also english version
Im thinking o try this with 1 btc but I donno know yet thought u guys would say some opinions   Smiley

Opinions on betting? See my post above please.

Just-Dice has far better odds.
1922  Economy / Securities / Re: [MCXNOW IPO] : 11,000 BTC raised [ UPDATE : OVER! ] on: November 26, 2013, 08:04:55 AM
Quote
mcxNOW is shutting down for a period of time
Withdraw all your coins before December 20th
mcxNOW has seen unprecedented growth in recent months and especially in the last few weeks. mcxNOW is a custom coded exchange built 100% by one man in C++ . This means if anything has to be modified then only one person can do it.
Unfortunately the growth has been too fast to match with the support requirement as only one person can currently do all support. This is a burden of 200 to 400 emails a day among many requests on IRC and through chat. This makes development of mcxNOW nearly impossible without neglecting valid user requests through support.
I am happy that in over 7 months mcxNOW has not been hacked or lost any coins and that the exchange has scaled well from 100 users upto a peak of about 3500 users online at once, it shows the design here is pretty good. However I never anticipated some aspects of running an exchange that are quite important (ie. support) so I need to work on this before allowing the site to grow.
I advise everyone to withdraw their coins and use other exchanges until mcxNOW returns. I will need at least one month, and perhaps as many as 3 before I can make the site live again. If you fail to withdraw coins before December 20th then you'll have to wait until the site is live again before withdrawing, whatever balance you hold will carry over. After December 20th passes a test version of mcxNOW will be put up that you can help test without using real coins, this will include the new gaming platform.
All existing mcxFEE holders will have the same mcxFEE balance when the site relaunches. I'm allowing people to trade mcxFEE up until December 20th in case they want to exit them.
I apologize for needing to do this, the stress and burden of running a successful exchange in the current way is just untenable for me now. I can barely sleep, I am getting health issues, etc. There truly is no alternative than some downtime. I apologize mainly to mcxFEE holders as they have invested in the exchange and will miss revenue in the downtime.
mcxNOW will be back and even better than before, I truly believe we have the best trading platform and cryptocommunity platform here but I need to work on these other facets before it becomes a real problem. I will use all the knowledge I have gathered over the last 7 months to make something bulletproof and easy to maintain.
Thank you for your support and hopefully we can see all of you back here relatively soon.
1923  Economy / Gambling / Re: china making bitcoins for the world on: November 26, 2013, 07:24:10 AM
this is gamble which gives you 33.3333% of winning your bitcoins 2x back.

Not to ruin your idea, but if you bet 33% chance on Just-Dice you get back 3x

So 3 Bitcoin returns 9 if you win, far better odds than what you are offering.



I suggest you make the bets compute very fast like Satoshi Dice or Just-Dice and make the odds far better for the user.
1924  Other / Off-topic / Re: Can you spare a dollar? on: November 26, 2013, 06:21:53 AM
www.soundcloud.com/nawtynada
Check out my work all produced mixed and mastered by me
I even wrote/performed most of the songs .
Check it out.
Splurgeosis is the first time anyone rapped about BTC.

I don't doubt you are a musician, but what is your engineering degree? I am guessing it is in electrical engineering? I can't think of any other streams dealing with audio.

EDIT: Your music is kinda cool by the way Smiley
1925  Economy / Securities / Re: [MCXNOW IPO] : 11,000 BTC raised [ UPDATE : OVER! ] on: November 26, 2013, 06:18:16 AM
https://mcxnow.com/
Quote
I am getting health issues, etc.

After making $4,000,000...

I told all of you what would happen!
1926  Economy / Securities / Re: [MCXNOW IPO] : 11,000 BTC raised [ UPDATE : OVER! ] on: November 26, 2013, 06:16:45 AM
bidji29, hey you little shit where are you?

What did I say?

Wow Realsolid just made $4,000,000+

If I were him I would now auction off the entire site and be done with it.

And 9 days later...

https://mcxnow.com/
Quote
mcxNOW is shutting down for a period of time

Damn you bunch of stupid stupid idiots.
1927  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 26, 2013, 05:50:03 AM
it would be so great to have news like this for ACTM:

Visit of ASICMINER's Immersion Cooling Mining Facility

...but alas.

We will want to seriously consider this type of tech for our mining farm once we get it up and running.

It looks like the maintenance of this system is far superior to fan cooled systems. No need for heat sinks and fans.
1928  Other / Off-topic / Re: Can you spare a dollar? on: November 26, 2013, 03:53:44 AM
I AM A PROFESSIONAL AUDIO ENGINEER.

I hope you have an engineering degree. Or you are just another one of those pricks diluting the title of engineer on shitty shit kicking jobs?
1929  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: November 26, 2013, 03:39:41 AM
So, can anyone comment on sending some of my currently AMC tendered shares on over to cryptostocks? Hell, I would even throw 50 bucks at the dude if it meant he will do so.

I have already asked, Ken does not want to do this because his solution is meant to be complete at the end of November.
1930  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: November 26, 2013, 03:00:14 AM
We looked at it a little and think it's OK. It failed a couple of the dieharder tests, but it remains to be seen whether that can be put to practical use (i.e. overcoming the 1% edge). I doubt it.

If it fails some of the "tests" doesn't this mean you are uncovering a potential flaw in SHA that might one day be an attack vector?
1931  Economy / Speculation / Re: How to model a logarithmic progression and is this accurate for Bitcoin price? on: November 25, 2013, 05:43:51 PM
Thanks BitchicksHusband, Smiley
1932  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 25, 2013, 12:52:26 PM
Pretty sure Ken already clarified that post from the Sept 19th was not when the timelines stated started.

You're right. What is happening is the shareholders are in denial that we are very much behind schedule.

Ken has said that the future dates in that post are not from the date that post was created.

I will say this again and again and again; we are behind schedule. It's not helping the situation when the worshipping shareholders start spreading misinformation.

Why would the eASIC NDA be so strong that Ken can't even tell his investors if the company is on track? We are left with two options:

1 - Ken has made the decision not tell us anything, or...

2 - eASIC need a strong NDA because the 28nm is experimental and they have not delivered this new product to any client yet, and knew that delays were possible. The strong NDA is to stop negative press forming from angry clients.

I personally believe option 2 is the case and have voiced this opinion before, only to be called a "FUDster".

1933  Economy / Speculation / Re: How to model a logarithmic progression and is this accurate for Bitcoin price? on: November 25, 2013, 10:52:39 AM
Awesome, thanks for the response.

I assume you mean exponential progression (rate of increase goes up) rather than logarithmic progression (rate of increase slows down)? The two are eachothers inverse.

Haha yeah this is what I need, I guess I got confused about the difference. Yeah rate of increase in absolute values increasing whereas the percentage increase is linear, thats correct right?
1934  Economy / Speculation / How to model a logarithmic progression and is this accurate for Bitcoin price? on: November 25, 2013, 10:13:32 AM
I am trying to build a simple Bitcoin price model in matlab.

I have a starting price, around $10 beginning of this year and want to model the values if the price ends up at $10,000 at the end of 2014. I believe that a linear progression is inaccurate ($5,000 end of this year) and want to run a for loop (in weeks) progressing the price each week using a logarithmic increase.

How would I set up a logarithmic "for loop"?

This works for linear increase but does not represent reality at all:
Quote
startPrice = 10;
endPrice = 10000;
years = 2;

days = years * ( 365 );

price = startPrice;
week = 0;

difference = (startPrice - endPrice) / days;

for day=1:days
   price = price - difference;
    
    if mod(day, 7) == 0
        week = week + 1;
        fprintf('Week %3i | Price: %4.2f\n',week, price)
    end
end

Also, if you think a logarithmic model is inaccurate please explain why.
1935  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 25, 2013, 04:12:19 AM
If each chip hashes at 16,000 Mhz, then I think that it may make sense that we're at low production.  This would mean that we'd have approximately 1000 chips at this point right?  That would seem more than just sample chips.

No. At the moment we have 1TH/s divide 16GH/s = 62 chips.

If we are at low-production then based on your 1000 chips we would be hashing at 16TH/s (Twice my estimate by the way)

So again no, we are hashing at perhaps 62 - 100 chips. And if that is the low-production run, then we are in trouble. I hope that is just the prototype.
1936  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 25, 2013, 02:55:42 AM
If we were to make guesses as to where we were on the timeline, would we be at the "low volume chip production" phase right now?  As in the extra hashing power we received recently was from low volume chip production as opposed to sample chips?


Whenever I bring this up I get called a FUDster or something.

I am sure we were meant to have the low-production run about 2 weeks ago now, having the prototype at the beginning of November. And no, the hashing power only adds up to 2TH/s MAX (it's a lot lower), that is 700GH/s from the old miners and around 1TH/s from the prototype.

I expect the low-production run to give us between 2TH/s and 8TH/s, this would bring in about 5 bitcoin per day.

So we are still barely hashing and are way behind. We are now entering December with half our hashpower still being Klondikes and Avalons.
1937  Bitcoin / Bitcoin Discussion / Our main competitor Ripple now open-source on: November 25, 2013, 02:33:57 AM
Ripple is now open source:

https://ripple.com/forum/viewtopic.php?t=3718&p=18013

Conveniently released around the same time as a new scaremongering campaign against bitcoin:

https://bitcointalk.org/index.php?topic=344522.0

Much like Mercedes was probably a Ripple shill talking down Bitcoin, it would not surprise me if all this news is a coordinated attack on Bitcoin.

But of course, XRP is "not" a currency and in "no" way competes with Bitcoin. If you believe that then you have already failed to protect Bitcoin.

Google will move to integrate Ripple into Gmail and spread its adoption.

EDIT:
Ok it was released a month ago, my bad.

But still...

I really think we have to watch these guys, Google has been pushing blacklists and other things through Mike to worsen Bitcoin and they also invest in Ripple.
1938  Economy / Service Announcements / Re: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred on: November 24, 2013, 03:50:31 AM
why does it matter if its on bitcoin foundation or not ? bitcoin foundation is a lame ass gruop, who now recruited yfu , the asic scammer ... so ...

And now yfu wants to make money destroying Bitcoin via coinvalidation. He needs to be excommunicated from all Bitcoin organisations.
1939  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 23, 2013, 06:59:59 PM
Or is there no way to calculate that in such an illiquid environment??

I think there are 9,000 shares or something like that on cryptostocks. The market is beyond illiquid, it's stone.

The prices look awesome, but in no way reflect reality, unfortunately...
1940  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 23, 2013, 06:01:15 PM
wtf is happening with this thread. it's getting derailed.

Without anything of substance to talk about this will always be the result.
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