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2281  Economy / Marketplace / Re: [Official] Coinabul - News and Reviews - Buy Gold and Silver - FREE RAFFLE! on: September 09, 2012, 04:51:23 PM
Coinabul - "Let us ship you something hard."


^^  You can thank my dream about the Big Lebowski performing stand-up for that one.
2282  Bitcoin / Mining / Re: At what point do you start solo mining? on: September 08, 2012, 04:03:24 PM
So you think a block every 4 days is about where it becomes beneficial?


It will be beneficial if you are getting lucky and solving blocks in less than 4 days.  It will not be beneficial if you are unlucky and solve a block in several weeks/months.

Solo mining is great when you start getting 100+ BTC in 4 days (when the average is 50 BTC in 4 days).  Solo mining sucks when you get 50  BTC in two weeks (when the average is still 50 BTC in 4 days).

2283  Bitcoin / Mining / Re: At what point do you start solo mining? on: September 08, 2012, 05:43:48 AM
At what point is it considered more profitable to solo mine, rather than mine at a pool? 1 GH/s? 10GH/s? 100GH/s?

It's never "more profitable" in terms of probability.  However, it can be "worth it" to solo mine if you don't expect to be waiting ages for a block.  Realistically, I probably wouldn't bother with solo mining unless I was pulling at least 25 BTC per day at a pool (i.e. I would expect to solve a block solo every 2 days). 

But hey, if you feel lucky, go for it  Cheesy
2284  Economy / Service Announcements / Re: Welcome Rachel - BitInstant's newest team member on: September 05, 2012, 12:00:57 AM
And, while my gender wasn't a factor in the hiring process, I happen to have awesome tits.

I must personally verify this fact, so when is the next BitPay's meetup?

BITINSTANT's next meetup is in Brazil next week.

If you want BITPAY, you have to ask Tony.

Ahhh got confused with all these bitpays, bitinstants, bitfloors, bitboobs.

DAMN! Someone owns BitBoobs.com!

BitNips.com?  BitTits.com?
2285  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? (whatever goes) on: September 04, 2012, 10:25:43 PM
So...I suppose the next logical study would be to examine whether lung cancer is as prevalent in those who regularly smoke cigarettes and pot compared with those that only smoke cigarettes.
2286  Other / Off-topic / Re: Hope is overrated. on: September 04, 2012, 02:42:05 AM
BTW, dare I say, Atlas?
2287  Other / Off-topic / Re: Hope is overrated. on: September 04, 2012, 02:41:38 AM
Having worked with literally hundreds of mentally ill patients, I think hope is essential to emotional well-being.  When a person feels as though they are in a period of deep despair and they have no hope, that's when suicide looks like a good option.  Hope can motivate a person to do better and think better for the benefit of themselves and others.  Hope allows for people to believe that positive change is possible.  Given that human beings create meaning for themselves, I don't see how this is a bad thing.

If by "embracing the absurd" you mean "accepting whatever comes," then indeed I think this is a good choice, and perhaps the best one.  But why must hope and acceptance be mutually exclusive?  Why not accept all that comes and also hope for something better?
2288  Economy / Goods / [WTS] GeForce gtx 550 ti and Radeon 5550 on: September 04, 2012, 01:26:25 AM
Here's your chance to pick up a great, relatively cheap gaming card, the 1 GB DDR5 gtx 550-ti.  I had no problem playing Crysis 2 with it smoothly at 800x600 at highest rendering settings.

Also available is the 1 GB DDR2 Radeon 5550, a perfect card to test-mine with if you're new to mining!  It will get you 50-60 mh/s for a low, low price.

The best part about buying these cards is that they're like new!  Radeon 5550 was used for literally only 1 week.  The gtx 550-ti was only used for 1 month.  Neither card has ever been overclocked.


1 GB DDR5 gtx 550-ti  7 BTC + shipping

1 GB DDR2 Radeon 5550  3.5 BTC + shipping

Or make an offer!
2289  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? on: September 03, 2012, 09:18:12 PM
I agree people should be able to do whatever they want to their bodies so long as it doesn't cause lead to the physical harm of others.  I'm for free choice.  I agree with Ben Franklin - Those who sacrifice essential liberty for temporary safety deserve neither liberty nor safety.
2290  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? on: September 03, 2012, 07:30:07 PM
First of all, it's a poor argument to suggest that just because some things that are more dangerous than pot are legal (e.g. alcohol) then pot should be legal too.

Second, yes, weed is addictive.  Saying something is "psychologically addictive" but not "physically addictive" is a employing a false dichotomy.  When a person uses any drug linked to dopamine transmission, that person's body will become less efficient at transmitting dopamine over time.  Basically, the body says, "I'm going on vacation!  I don't need to work anymore because something else is doing the work for me!"  So, the body gets lazy.  When that same person stops smoking weed, the body must relearn how to be as efficient as it once was.

Third, the effects of weed over time are subtle but they accumulate.  It's a poor argument to say, "Look!  I've smoked pot for 10+ years and I'm fine!  Obviously pot isn't that bad!"  It's a poor argument because you don't have anything to compare it to.  If you didn't smoke those 10+ years, who knows how much better off you would be?


Then everything is psychologically addictive, in that case.

What about those that wouldn't have made it this far in life without weed?  How much worse off would they be?


1)  Not sure how "then everything is psychologically addictive" is a defense.  That's similar to the "but other, more harmful drugs are legal!" defense.  We're not talking about everything else, we're talking about pot.

2)  If you need pot to "make it this far in life," then you sound pretty weak.  I'm not saying pot doesn't have any positive aspects, and I understand that pot can be a used for creative, spiritual, and even social means.  I don't deny this at all.  But in this way, pot is like baby food.  You can smoke pot for a little while so that you can begin to see the world in a different way.  But, if you're smart, you'll learn how it's possible to view the world in the same way without pot afterwards.  Once you're all grown up you don't need baby food anymore.  Now, if you have glaucoma or are going through chemotherapy, then pot can obviously be beneficial. 

Consider mushrooms or LSD, both of which are even less addictive than pot (though more dangerous in other aspects).  Anybody who has tried these substances at least once will likely tell you that it had a profound impact on their lives, and usually for the better.  But does that mean you need to keep consuming mushrooms or LSD?  No.  You caught a glimpse of a profoundly different perspective, and now you can implement what you've learned into your sober life.

2291  Bitcoin / Project Development / Re: Therapy/counseling for the Bitcoin Community! 100% Satisfaction Guaranteed! on: September 03, 2012, 07:00:39 PM
Bump!

Edit:  I now work as the lead counselor of the evening shift in the Adult Mental Health Psychiatric Unit of a Chicago hospital.  I have my masters degree in social work mental health.  I still do not hold a license of any kind, though I am accumulating hours necessary to take my LCSW (licensed clinical social worker) exam.
2292  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? on: September 03, 2012, 06:37:21 PM
First of all, it's a poor argument to suggest that just because some things that are more dangerous than pot are legal (e.g. alcohol) then pot should be legal too.

Second, yes, weed is addictive.  Saying something is "psychologically addictive" but not "physically addictive" is a employing a false dichotomy.  When a person uses any drug linked to dopamine transmission, that person's body will become less efficient at transmitting dopamine over time.  Basically, the body says, "I'm going on vacation!  I don't need to work anymore because something else is doing the work for me!"  So, the body gets lazy.  When that same person stops smoking weed, the body must relearn how to be as efficient as it once was.

Third, the effects of weed over time are subtle but they accumulate.  It's a poor argument to say, "Look!  I've smoked pot for 10+ years and I'm fine!  Obviously pot isn't that bad!"  It's a poor argument because you don't have anything to compare it to.  If you didn't smoke those 10+ years, who knows how much better off you would be?

2293  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? on: September 03, 2012, 05:09:23 PM
Did you not just list what happens when you Age ?  Probably a lot of 50+ year old's with those issues that have never smoked before...

I said...

2.)  ....judgment, reasoning...
2294  Economy / Goods / Re: [WTS] iPad 2 New in box. FACTORY SEALED. on: September 03, 2012, 05:04:31 PM
Will you ship first with payment upon receipt?
2295  Other / Off-topic / Re: Why are drugs bad? Is Marijuana killing me slowly? on: September 03, 2012, 05:02:17 PM
Other reasons pot is illegal

1)  It kills motivation and decreases ATP production over time

2)  Decreased blood flow to prefrontal cortex inhibiting personality growth, judgment, reasoning, and goal-oriented decision making

3)  Memory impairment

4)  Impaired motor coordination

5)  Sexual dysfunction over time

6)  Decreased testosterone production



Is pot as harmful as most other drugs?  No.  But it's nothing to snicker about, either.
2296  Economy / Service Announcements / Re: Welcome Rachel - BitInstant's newest team member on: September 03, 2012, 12:34:56 PM
Guys, it's BitInstant.

Not TitInstant.

I actually own that domain

Seriously, check out the whois lol

lmao, clever!
2297  Other / Off-topic / Re: payb.tc's list of retards on: September 03, 2012, 12:55:45 AM
lmao
2298  Economy / Service Announcements / Re: Welcome Rachel - BitInstant's newest team member on: September 03, 2012, 12:53:24 AM
Guys, it's BitInstant.

Not TitInstant.
2299  Other / Off-topic / Re: butterflylabs.com - any comment about your ASIC progress? on: September 02, 2012, 10:03:48 PM
BFL has never used second hand or refurbished FPGAs.


Any comments on the original question? How are you getting on with ASIC development?

+1
2300  Economy / Goods / Re: [WTS] 1 x BFL Jalapeno pre-order #1769 on: September 02, 2012, 02:43:44 AM
It would be much much much cooler if Jalapeno's were worth 90btc.

That's what one of mine is worth to me, give or take.  Do the math with a few ballpark figures.  At only 2 months, strict ballpark figures suggest that 90 BTC is a bit high.  Liberal ballpark figures suggest that 90 BTC is realistic.  At 3-4 months, 90 BTC should look pretty damn good.

How do you figure? Assuming that 1) difficulty only doubles and then stays steady, and 2) The block reward halving doesn't happen in this time frame it would still take four months to earn back 90BTC.

Obviously the block reward halving will happen, and difficulty won't stay constant at 5M or so.

This is how I figure:

1)  First-day Jalapeno ASICS should arrive pre-reward drop.  This makes every day mining pre-reward drop instantly about twice as valuable as day mining post-reward drop.

2)  I am also from the US, so my order should arrive before international orders.  This should help maximize profits in the first critical few days/weeks.

3)  Consider what the difficulty will be during those first 2 months after the first ASICs are shipped versus the difficulty after 2 months.  If the difficulty increases by a factor of 4, then mining during the first 2 months will be approximately 4 times as valuable.  Couple this with the reward drop and any pre-reward drop mining will be 8 times as valuable.  Of course, difficulty may increase by more or less than a factor of 4, but you can substitute any number you think is realistic.  

If one Jalapeno is about ~$150 USD, or about 14 BTC, then that means that asking 90 BTC is assuming that a first-day ordered Jalapeno is about 6.4 times more valuable than a Jalapeno ordered today.  Will you make 6.4 times as many BTC with it in the first 2 months?  Maybe.

4)  Because the difficulty will only continue to go up, first-day ordered ASICs will only become more and more valuable relative to ASICs ordered today.  This offer should become more appealing with time.

It doesn't work like that. You might think the Jalapeno is worth BTC90, but I can't see anyone else seeing it that way. At BTC90 you would likely never make your money back.

1) The reward drop will likely be less than two months from the date you get it with the sudden speeding up the the network causing the difficulty retargets to lag the blocks found, but that's best case assuming BFL gets these into people's hands third week of October.

2) The person who buys this from you would get it online after all the other North American first day orders have already got theirs, so they won't get nearly as much low difficulty time as others.

If difficulty only doubles with that first batch and never again increases, you'll be making BTC0.7/day before the reward drop.  In that case, you would earn BTC42 before the block reward halving. After that you'd make BTC0.35/day. It would then take another 137 days to finish paying off the BTC90 you spent.

In this extremely unlikely best case scenario, it would take 200 days to make back your investment. Much more likely is that you would never recoup your BTC90.

Price > or = to the (cost of the Jalapeno) + (BTC earned in 2 months with first-day ASIC - BTC earned in 2 months with ASIC ordered today)

The price will thus increase with time given that the difficulty continues to increase with each ASIC shipment.

Cost of Jalapeno = 15 BTC + shipping (approximately)
BTC earned in 2 months with first-day ASIC = 42 BTC (your assumption, approximately)
BTC earned in 2 months with ASIC ordered today = 21  BTC (based on your assumption of .35 BTC/day and where 60 days = 2 months)

21 + 15 = 36 + shipping.

So, based only on your assumptions, it's at least 36 BTC.

Points being made include:

1) The 36 BTC value estimation (if accurate) will only increase the longer this offer stands because the difference between BTC generated  with a first-day Jalapeno and BTC generated with a today-ordered Jalapeno will continue to increase.

2)  There is a good chance to make more than .7 BTC/day in the first few weeks after this is received due to delays in arrival times of shipments to International destinations.  Mine was ordered to the U.S. and immediately paid for with BTC, so there is a very good chance it will be included in the first shipment and received days/weeks before International orders in the same shipment.

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