Do you have high downtime?

I'm sick of paying 10% to deepbit but can't risk a super-volatile 0% pps like btcpool24.com that goes down 5 times a day.

Is the pool stable now? I'm reluctant to move any miners back

So after a bit of deliberation, my brain deciphers the fact you are talking about mybitcoin.com.

Why not mention it in the first post instead of causing confusion?

Still, yes, people were naïve to trust the service,
people have already accepted the fact they might not see the money again, life goes on

How much juice does your power supply have?

3x6990's in switch position 2 will take ~1500 watts, that's before the CPU, motherboard, harddrive, ram, possible fans

If the conversation goes beyond ~5 lines I shut down the chat. It signals that the other party is clearly a hyperactive child or not interested in actually pulling through a trade where both parties get what they want.
The only relevant things are exchange of reputation, payment addresses and amounts. Maybe a 'hello'.

The chat log is inconclusive but next time, suggest an escrow like btcrow.com, though they prob. don't accept PayPal due to high risk

$6 per coin is too good to pass up. I don't care if it goes to 2-3 bucks or worse short term, I'm holding onto these.
Just spent 10% of my money on Gox & withdrew plenty of BTC to offline wallets.

You are utterly insane if you don't buy up right now. The price is $5.9. Even if you're in it just for short term profits you'll thank yourself.

That's my point, even if all the major gold exchanges went down, people would still use it as a currency all around the world, probably silver as well. Modern currencies are all *based* on gold even though no longer backed by it. People would find it very easy to adapt to a gold economy.

If just one internet bitcoin exchange lacks enough buy orders (Mt. Gox), the coins become absolutely worthless.

Since nobody accepts BTC payments for electricity bills, wholesale goods, land, storage, it's no good as a real currency. It's only value comes from people willing to convert it to fiat money.
If bitcoin can't be converted to dollars or euros relatively fast due to a lack of buyers, it becomes dead and will hold zero value to anyone.

What I don't like is the fact bitcoins are virtual only, and the fact it's going rate is only determined by the latest buy orders on Mt. Gox
(let's face it, other exchanges follow their pricing like a lapdog)

If bitcoins lose their fiat value on Mt. Gox by permanently dropping to namecoin levels (or worse yet become unsellable as nobody wants them), they are as good as virtual dust because all merchants have to pay fiat to cover their operating expenses.

This makes me very reluctant to consider bitcoins as a deflationary investment like gold despite it's artificial scarcity.

Will gold and silver be accepted in Greece by the common population if the euro crashes? Yes it will, and it will spread to every neighboring state that potentially fails.

Will bitcoin ever be accepted by any major retailer or business? That's a big stepping stone. Bitcoin hasn't shown signs of widespread adaptability. Everything around bitcoin ultimately revolves around Mt. Gox which is sad.
A gold or silver economy on the other hand does not rely on exchangers or outside fiat value

I'm a skeptic but I know an over-the-top-paranoid person when I see one. Your theory is insane.

The YK is just free compensation. Even if everyone were to buy one after reading it's safer, Gox would gain next to no profit.
The keys actually do cost $30, Mt. Gox is sending them with free shipping & a customized logo, so they are *losing* money initially by sending them out
(though gaining in the long term due to less problems from stolen accounts and disputes)

I think it's obnoxious and retardedmentally challenged.

Though some cool people do have it in their sigs, I've sent plenty of donations in the 0.02 to 0.05btc range.

It might finally drop a bit because at current price levels casual miners are out of the game. A typical miner with a 300mhash card is only making $1.6 per day before electricity.. Minus pool luck, exchange rate fluctuations, etc.

Casuals used to be a pretty big part of the mining force.
The only people left are those who will mine regardless of profits or electricity costs, and farms which are still profitable due to the sheer amount of hashing power (worthwhile to keep the machines running)

I'll keep mining even at 3m difficulty because I believe $9 is a grossly undervalued price. It'll eventually go up significantly, no matter if that's 2 weeks, 2 months or 2 years.

His payments are top notch, paid out instantly in full decimals any time you have something in your account balance and want to withdraw it. If you're PPS you don't need to wait for a block to be solved, you can withdraw any time like on deepbit.

That's one positive side to fence off much of the 'bad' stuff, at least if his buffer doesn't run out. The only place where I've had faster withdraws was bitcoins.LC (which uses a 0.01 fee)

That's what I see.

I'm earning about 10-20% more than expected from deepbit since you posted. I'm not noticing anything strange.

If anything, deepbit is paying *more* for the last few days. The pool is having some massive luck.

I gave up on smaller pools. At ~2M and rising difficulty and current prices the variance is unbearable.

I'm only mining at either PPS pools or deepbit now. I'll gladly pay 2-3% for the lack of variance.

A mixer is like a public proxy. It's a flawed idea as long as records are kept.
Records will reveal the true IP address, records will reveal who the bitcoins originate from.

To really be anonymous, you need to operate a mixer on the same principle as the TOR network (or access it via Tor)
This is incredibly difficult and lenghty with bitcoins because obfuscation requires the coins to be verified by the network 6 times after every transfer. With zero priority this can take over an hour. A packet on the TOR network can go through multiple nodes in a second.

Another problem is pattern analysis, the blockchain contains every single transaction in existence. You can't erase the record in any way & even if you split transactions to different sizes, rotate them through multiple accounts, they can be ultimately traced.
The coins can be *always* linked back to you unless you deal without an exchange (like selling or buying on Silk Road).

When you attempt cashing out via an exchange you make yourself vulnerable. Exchanges keep records on the coins you send in and cash out. This is how careless e-gold scammers were caught years ago.
The only way to be truly anonymous is by cashing out via person-to-person transfers by cash-in-mail (P.O. Box, poste restante) or in a physical location.

(short reading: If you want true anonymity, don't use an exchanger that keeps logs on you)

Not if you use a guest account or a restricted acc., it relies on administrator access for a XSRF browser attack. It can also target executable desktop banking clients.
The newer versions are much more advanced & sell for up to 200,000 rubles ($8k US dollars), over twice as much as a year ago.

Those can capture the entire desktop feed (like teamviewer etc.) and when you're logged in after using a one-time PIN, it hooks the mouse API making it freeze & gives attacker time to transfer out all the cash.

If the bank uses double confirmation (additional random one-time PIN sheet to confirm payment), the attack can't be executed. Most banks don't use double confirmation. Credit Suisse, Nordea, Banque de France are some banks that use d.c.
Also if the client gets suspicious and reboots the machine, the attack fails.

If the bank requires phone verification for large (or sudden multiple) transfers, the attack also becomes impossible.

That's what 'day traders' seem to do every day. It notches down a bit and you sell everything.

The volume charts don't lie, it must be in some perverse, distorted way, be profitable since everyone is doing it.
(Or people really have nerves of.. Tin wire)

I've also thought that someone could practically set a constant BTC price with a perpetual buy order.

To sustain the price even at a $15 level you would only need to put in a permanent buy order worth 315 million dollars.
Your assets can't depreciate; They can only rise in value if a substantial number of other players offer to buy up coins at a higher price. If it ever drops back to $15 you keep buying them back.

Of course liquidation becomes a major problem.
If you ever want to get a significant part of your investment back, you will have to place a massive sell order that will take months to complete. You can't just sell off millions of coins like that.

6990's can't be mass produced like other cards, same with the GTX 590.

They have to handpick full 6970 cores with the lowest current leakage, lowest operating voltage and the highest tolerance to heat.

It might be weeks or months before they can produce a batch of a few hundred cards, the vast majority go towards cheaper consumer models, dual GPUs are a small niche