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201  Alternate cryptocurrencies / Mining (Altcoins) / Re: Use a 2nd power supply for graphics cards? on: February 21, 2014, 11:20:15 PM
Never mix power supplies. Just buy a bigger power supply to power 2 cards or something.

Why never mix power supplies? This is what I was planning on doing, what is wrong with using 2 psus?
Well, potentially, they could put out slightly different voltages and destroy your hardware.  But many people do it without ill effect.  I'd go for it if it were me.
202  Other / CPU/GPU Bitcoin mining hardware / Re: Does anyone still have their Jalapenos plugged in? on: February 21, 2014, 04:07:31 PM
Still running my 2.6GH/s one, along with the three 60GH/s singles...!
203  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Mark of the Beast? on: February 21, 2014, 04:04:31 PM
So over 2000 years ago the Bible predicted the you would not be able to trade for goods and services without the mark of the beast. Think about that 2000 years ago, when you could just walk down the road and trade your apple for an orange. So the Bible predicted a system 2000 years into the future like what we have now.

Think about that. I'm just saying....

Rob Roll Eyes
Huh?  We don't currently have a system like what is describe in the bible as the mark of the beast.
204  Economy / Exchanges / Re: Does any Bitcoin Exchange exist that lets the user set the sell price? on: February 20, 2014, 08:19:07 PM
As the subject says, does an exchange exist for Bitcoin in which the user sets the price to sell their bitcoins instead of the website setting and forcing the user to accept their own sell price? I am putting together some research and it seems all the large exchanges don't allow the user this type of freedom when trading.

Thanks for any helpful responses.
Hey now, you said you sold/gave away all your coins!
205  Other / Off-topic / Re: Any ps3 emulators? on: February 20, 2014, 08:11:38 PM
Emulation is not easy task, but in 10 years full PS3 emulation might be real.

It would be pointless then just like ps2 emulation is not good now.
Pointless?

Until a proper replacement for Burnout 3 comes along, it is far from pointless!
206  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: February 19, 2014, 10:21:58 PM
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
We need a lot of confidence to beleave it now.

The thing is that it keeps being repeated at least since US dollar parity - "its a bubble, it won't last, correction incoming, it will never be as high as $10/$3/$1/$266/$1200/$0.10 again."  IF bitcoin succeeds the price will be huge - it is something if a binary proposition either lots of success meaning very high price or poof.  Given Silicon Valley and Wall Street's endorsements via investment, bitcoin's success becomes more likely each day.
 Smiley



I firmly believe that bitcoin's success is inevitable at this point.   I just think that it is on a longer time frame than most people expect and hope...

I guess time will tell.  ;-)   In an ideal world, 2014 will lead to lots of adoption, the W-Twins ETF launching, and consequent price increases, but I'm not counting on anything.
Winklevoss lawyer said that the ETF is 99.9% not going to happen this year, sadly.  2015 is probably a good target date though.

I'm actually betting that Paypal will implement Bitcoin this year.

Given their stance on chargebacks, and protecting both buyers and sellers, implementing bitcoin may be a lot more difficult than it seems with the platform that they currently have...
They may do something along the lines of requiring sellers to keep a balance on-hand equivalent to X% of their sales over the last 90 days.  That percentage could fluctuate depending on the seller's history and reputation.
207  Bitcoin / Bitcoin Discussion / Re: ebay ceo slips up and spills the beans on: February 19, 2014, 08:59:36 PM
Man, what he said apparently flew over almost all of your heads.

Matt Miller referred to Bitcoin and how there would be no reason to use Paypal once everyone's using Bitcoin.  Donahoe responds by stating that "You can use digital currencies in the Paypal digital wallet - that's in fact, what Paypal is doing, is building a digital wallet that can take multiple types of currency."

Let's break this down.

- Donahoe responding to Miller's question about Bitcoin by using the term "digital currencies" implies that he is talking about Bitcoin and other digital currencies when he says "digital currencies".
- Digital currency is what we (the Bitcoin community) wanted people to call Bitcoin instead of virtual currency as the media has been doing, further solidifying the above point.
- Donahoe almost says "Bitcoin" before he says "digital currencies".  You can see the "B" on his lips before he realizes what he's about to say and words it differently. (3:52 in the video)
- Donahoe further stats that Paypal is "building" a digital wallet.  This means it is not done yet.  It is in process of being built.  Therefore, he cannot be referring to their existing wallet with its existing features.
- He cannot be saying that Paypal building a new digital wallet that can contain different government fiat currencies, because that is already possible (storage of multiple government fiat currencies) with the existing Paypal site.
- Furthermore, his answer wouldn't make any sense in response to Miller's question if he was referring to government currencies, as it does nothing to counter Miller's point that people would use Bitcoin instead of Paypal.
- However, if he IS referring to Bitcoin and other digital currencies when he says "digital currencies", his answer makes perfect sense in the context.  Paypal absolutely still has a place in the world of Bitcoin, as they can continue to provide integration simplicity (as Bitpay/Coinbase do) as well as escrow and dispute resolution services.  Essentially, the only part of their service that Bitcoin would eliminate is person-to-person transfers in which escrow and merchant integration is not required, which is likely a very small amount of their transactions to begin with.

The only reasonable conclusion (and I'd put money on this) is that Paypal is indeed building a new digital wallet that can contain multiple types (and types here referring to digital currencies and government fiat) of currency.  And the reason that Donahoe avoids stating Bitcoin directly is because he doesn't want to explicitly announce Bitcoin to the media yet - Paypal would be better served if they announced it at the time of its release, so as to ride the resulting media hype with an increase in users.  If they announced it now, before they are ready, then the hype would be over and many people wouldn't remember about it once it is released.  There's probably an element of competitive advantage relating to the timing of announcing Bitcoin integration as well.

You can tell Donahoe is excited about this development.  He's already stated multiple times in the past that he thinks Bitcoin is excellent, and the only reason that Paypal hasn't integrated it is because the market was too small.  But that was a while back, before the market grew to be as big as it is today.  Now we know that Paypal is already programming and preparing to integrate Bitcoin.
208  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: February 19, 2014, 08:29:36 PM
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?
We need a lot of confidence to beleave it now.

The thing is that it keeps being repeated at least since US dollar parity - "its a bubble, it won't last, correction incoming, it will never be as high as $10/$3/$1/$266/$1200/$0.10 again."  IF bitcoin succeeds the price will be huge - it is something if a binary proposition either lots of success meaning very high price or poof.  Given Silicon Valley and Wall Street's endorsements via investment, bitcoin's success becomes more likely each day.
 Smiley

I firmly believe that bitcoin's success is inevitable at this point.   I just think that it is on a longer time frame than most people expect and hope...

I guess time will tell.  ;-)   In an ideal world, 2014 will lead to lots of adoption, the W-Twins ETF launching, and consequent price increases, but I'm not counting on anything.
Winklevoss lawyer said that the ETF is 99.9% not going to happen this year, sadly.  2015 is probably a good target date though.

I'm actually betting that Paypal will implement Bitcoin this year.
209  Other / Off-topic / Re: Any ps3 emulators? on: February 19, 2014, 07:41:31 PM
The only reason I bought a ps3 recently was because of the last of us and it was worth every $ I spent I have played around about 6 times now.
For me it really doesn't seem worth it. No game will. It'll probably take at least 40 really good games to buy any console. PC gaming is the way to go and only one game won't change this statement.

One of the reasons I was looking for a emulator I wouldn't play many other games on the console and would probably end up in selling it after I get bored of the game maybe the developers are planning on making a pc version of the game.
There is no emulator that will properly emulate PS3 games at this time.  PC's aren't powerful enough to emulate the PS3, and won't be for years to come.  It was only recently that PC's became fast enough to emulate the PS2 well, and the PS2 is (obviously) far behind what the PS3 is capable of.

My advice is this:  Buy a used PS3, and a used copy of The Last Of Us.  Play through it, then sell it all again.  You won't lose much, if anything, if you don't save it for long.

TL;DR version for everyone, Current PC power is too low to fully emulate PS3 games. Stop searching.

Really? I don't know much about console or PC gaming but I find that hard to believe.
Think about it this way.  Emulators cannot use a computer's GPU chip.  It uses the CPU to do both CPU work AND graphics rendering.  The PS2/PS3/PS4 has a dedicated graphics chip for handling graphics.  Until the CPU is fast enough to emulate what the built-in graphics chip does on the console, it cannot render those games properly.  And CPU's are generally TERRIBLE at rendering graphics in the first place because they aren't special built for the purpose (and no, the built-in GPU on the latest core processors can't be used for emulation either).

So, emulators use sheer CPU bruteforce to emulate graphics that would be much more efficiently emulated on a GPU made for the purpose.

It's like using a sail to get a car down the dragstrip instead of an engine.  If you have a big enough sail, you might be able to go faster than a Ford Model T, but you're still not going to be competing with modern vehicles that have the proper propulsion for the application.

Even high end gaming PCs? I imagined you could build yourself a PC to the specs you wanted, far surpassing any consoles?
The specs surpass a console, sure, but remember that you're not running the console's code, you're emulating it.  If you built your own console that could run PS3 code directly, you could blow the visual quality of it out of the water.  But a computer is not capable of running PS3 code directly, only of emulating what the PS3 is doing.  An emulator takes each bit of code for a game, and says "ok, if I was a PS3, what would I do with this?"  This happens in real-time, and only using the CPU, not the GPU.  Because it cannot use the GPU, the graphics are difficult and slow to render.  It is way, way, way, way less efficient than running the code directly on the console, which is why even the highest-end computers couldn't emulate the PS2 until a few years ago, and why today's highest-end computers aren't even close to being powerful enough to emulate the PS3 yet.

Another way to look at it is our modeling of the physical world around us.  Scientists can emulate a brain's neural network, but it takes hours to emulate a single second of brain activity, even on a huge supercomputer, because computers work differently than our brains.  Brain activity running on brains is really fast, because that's what brains are made for.  Brain activity running on computers is really slow, because that's not what computers are made for.  Likewise, console code running on a console runs fast because that's what the console is made for, but console code running on a computer is slow because the computer has to pretend it is a console, and it's not possible to actually fully utilize all of the hardware that a computer can offer.
210  Other / Off-topic / Re: Any ps3 emulators? on: February 19, 2014, 03:52:38 PM
The only reason I bought a ps3 recently was because of the last of us and it was worth every $ I spent I have played around about 6 times now.
For me it really doesn't seem worth it. No game will. It'll probably take at least 40 really good games to buy any console. PC gaming is the way to go and only one game won't change this statement.

One of the reasons I was looking for a emulator I wouldn't play many other games on the console and would probably end up in selling it after I get bored of the game maybe the developers are planning on making a pc version of the game.
There is no emulator that will properly emulate PS3 games at this time.  PC's aren't powerful enough to emulate the PS3, and won't be for years to come.  It was only recently that PC's became fast enough to emulate the PS2 well, and the PS2 is (obviously) far behind what the PS3 is capable of.

My advice is this:  Buy a used PS3, and a used copy of The Last Of Us.  Play through it, then sell it all again.  You won't lose much, if anything, if you don't save it for long.

TL;DR version for everyone, Current PC power is too low to fully emulate PS3 games. Stop searching.

Really? I don't know much about console or PC gaming but I find that hard to believe.
Think about it this way.  Emulators cannot use a computer's GPU chip.  It uses the CPU to do both CPU work AND graphics rendering.  The PS2/PS3/PS4 has a dedicated graphics chip for handling graphics.  Until the CPU is fast enough to emulate what the built-in graphics chip does on the console, it cannot render those games properly.  And CPU's are generally TERRIBLE at rendering graphics in the first place because they aren't special built for the purpose (and no, the built-in GPU on the latest core processors can't be used for emulation either).

So, emulators use sheer CPU bruteforce to emulate graphics that would be much more efficiently emulated on a GPU made for the purpose.

It's like using a sail to get a car down the dragstrip instead of an engine.  If you have a big enough sail, you might be able to go faster than a Ford Model T, but you're still not going to be competing with modern vehicles that have the proper propulsion for the application.
211  Bitcoin / Bitcoin Discussion / Re: Let's add up the KNOWN lost bitcoins on: February 18, 2014, 09:57:44 PM
I wonder how many have been lost in faucets by people who give up trying to reach pay out #.
None.

None? a bet a lot of people have had faucet payouts to their address and have forgotten about them.

The coins are still on the server, if they are not encrypted to the account the owner of the server can recover them.

Some websites send directly to wallet and therefore no one can recover them that's what I'm talking about I bet a few Bitcoin has been lost this way.
If people gave up waiting to reach payout, then no coins have been sent anywhere.
212  Bitcoin / Bitcoin Discussion / Re: Let's add up the KNOWN lost bitcoins on: February 18, 2014, 06:07:20 PM
I wonder how many have been lost in faucets by people who give up trying to reach pay out #.
None.
213  Other / Off-topic / Re: Any ps3 emulators? on: February 17, 2014, 09:37:27 PM
The only reason I bought a ps3 recently was because of the last of us and it was worth every $ I spent I have played around about 6 times now.
For me it really doesn't seem worth it. No game will. It'll probably take at least 40 really good games to buy any console. PC gaming is the way to go and only one game won't change this statement.

One of the reasons I was looking for a emulator I wouldn't play many other games on the console and would probably end up in selling it after I get bored of the game maybe the developers are planning on making a pc version of the game.
There is no emulator that will properly emulate PS3 games at this time.  PC's aren't powerful enough to emulate the PS3, and won't be for years to come.  It was only recently that PC's became fast enough to emulate the PS2 well, and the PS2 is (obviously) far behind what the PS3 is capable of.

My advice is this:  Buy a used PS3, and a used copy of The Last Of Us.  Play through it, then sell it all again.  You won't lose much, if anything, if you don't save it for long.
214  Economy / Exchanges / Re: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC on: February 17, 2014, 05:31:47 PM
not sure if that could be related to blockchain.info being down since a while for maintenance

Not related. Blockchain.info does not run the Bitcoin network, or Kraken. Instead of blockchain.info, one can use e.g. blockr.io to check transactions.
It's possible that Kraken uses blockchain.info to confirm deposits instead of their own custom implementation?
215  Economy / Service Announcements / Re: Fiverr NOW ACCEPTS BITCOIN! on: February 17, 2014, 06:34:12 AM
I went to buy something, clicked on "Order Now", and it just sent me straight to paypal.  How do I get to the Bitcoin payment option?

I had the same thing, I tried it 3 more times, and found the bug/problem

the trick for me was... click on the Bitcoin (radio) button, and WAIT....! and then, the address will show up, and tadaaaa!!!  

EASY AS PIE!

Where is the bitcoin button?

EDIT:  Finally figured it out, you have to have an account and be logged in to see the Bitcoin option!
216  Bitcoin / Bitcoin Discussion / Re: Let's add up the KNOWN lost bitcoins on: February 15, 2014, 06:28:28 AM
Yes, that would be an interesting analysis as well.  It is most certainly doable.

While it's doable, it's also very dangerous to those holding long-term bitcoin savings. What happens, for example, if I print out a bitcoin wallet, keep the private keys and public keys intact on a piece of paper, archive it in a safe, print multiple copies in different locations, in addition to keeping a dozen copies of a wallet file, and then 10 years later I want to redeem my bitcoin because it is worth millions of dollars. I load up a wallet so I can transfer them to an exchange...BUT the coins are gone. The blockchain had since been "audited and edited" and my bitcoin addresses, since they hadn't moved in 10 years, have been removed and the bitcoin re-minted to the miners.

Ouch, that would be a very painful surprise.

I think it's much better to just keep a log of all the known losses that are confirmed as absolutely unrecoverable, and then re-mint those bitcoins to the miners after 2 years since the loss, to avoid them being unspendable.

But one point to remember is that lost bitcoin makes bitcoin even more valuable. If there are 1,000,000 bitcoins that are unspendable and out of circulation because of data losses, lost paper wallets, lost digital wallets, sent to non-functional address, etc, then the real number of available bitcoin will be probably less than 20,000,000. So, that would raise the price due to the greater scarcity.
You also misread what he was suggesting.
217  Economy / Digital goods / Re: [WTS] BITCOIN.GURU domain on: February 15, 2014, 12:08:26 AM
.5 BTC offer for the hell of it  Grin

These names are still a huge gamble. Even more than BTC we would speculate...

You managed to secure probably the best Bitcoin.GTLD released in this batch Wink But..... there will be 900+ more .GTLDS released in the near future.
It's way to early to tell their true value. More inclined just to pay the premium years from now (if there is one), when the hype dies down and their real value stabilizes.

Best of luck with the sale!
Bit lower than I am looking for, but thanks for the offer nonetheless!

Indeed it is quite early to tell the value.  We'll see how it goes...!  I did spent a decent amount of money acquiring this in the first place, so hopefully that wasn't a waste.  Wink
218  Bitcoin / Bitcoin Discussion / Re: Saying hello, and have a few questions on: February 14, 2014, 10:17:48 PM
The pizza thing was a lot more popular than I thought so I made good on as many trades as I could.  Other than a little bit of single digit change, I spent everything I mined.
I've been there, done that when I first got into Bitcoin too.  Everything I made was sold or spent.  I didn't start actually saving anything long-term until 2013.

Of course, if I was a Bitcoin millionaire, I'd probably tell people the same thing (that I had very little left), so as to make myself a less interesting hack target.  KnightMB did that with his 371,000 BTC.

The mystery always remains... Wink
219  Economy / Digital goods / Re: [WTS] BITCOIN.GURU domain on: February 14, 2014, 06:54:13 PM
Have had one offer so far, anyone else interested?
220  Bitcoin / Bitcoin Discussion / Re: Let's add up the KNOWN lost bitcoins on: February 14, 2014, 05:38:12 PM
It's a nice idea in theory, but would ruin the long-term storage possibilities of Bitcoin.  People want to print out (or otherwise record) a paper wallet and know that it will be good 1 year, 10 years, and 100 years from now.

I'm not suggesting a change!.. I'm suggesting there is no exact measure but alluding to that human's on average behave in a stable manner, so the fraction tempted or finding themselves in long-term store relative to coins that are lost, might be a relatively stable fraction.. bit like a half-life; you might be able to determine what is cold and what is just dormant from the half-life of those that come alive after a time.
Sorry - I am so used to reading that particular suggestion that I automatically jumped to the same conclusion reading yours!

Yes, that would be an interesting analysis as well.  It is most certainly doable.
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