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2461  Alternate cryptocurrencies / Altcoin Discussion / Re: Newb trying to mine alt currencies on: November 27, 2013, 02:44:01 PM
As others have said, get into a pool unless you have hundreds of CPUs available to you.
It's pretty downheartening when you are new to leave you computer on for weeks and get absolutely nada.
2462  Other / Politics & Society / Re: Will China go to war with Japan? on: November 27, 2013, 02:42:07 PM
I do think that Japan and China will have a limited war at some point to resolve the issues of the disputed islands. 
I also think that China will overwelm Japan to such an extent that they will just back down and not try to extend the war further.  Nuclear weapons still stop any large scale wars from happening, but large skirmishes should be possible.
2463  Alternate cryptocurrencies / Altcoin Discussion / Re: MCXNow Shutting down (Temporary) on: November 27, 2013, 01:35:28 PM
He may return but I think the customer base will be very wary of returning.
MCX was doing lots of trade, but in retrospect, it looks like he was pumping his own coins and scamming with the Fees
2464  Economy / Speculation / Re: There will be no sell off at 1000 on bitstamp on: November 27, 2013, 12:45:16 PM
Whilst I agree that there won't be an immediate sell of at $1000, people are just that stupid.  That's why the market bounces around and stops at round numbers.
$1000 is a big barrier, once we hit 4 digits it will start to feel normal, then we can forget about it until we are ready to hit 5!
2465  Other / Beginners & Help / Re: Alt-Coins on: November 27, 2013, 11:46:23 AM
In last 10n days Anoncon price jumps 10x

Is it true that Anonymus group is behind Anoncoin.
If its true, soon Anoncoin  will be crypto No.3.

Or?

What's yours thinking

I think that a few alts have jumped 1000% in the last few days.  Anoncoin is good, but most respectable businesses don't want to hide who their customers are, it looks very shady.
2466  Alternate cryptocurrencies / Altcoin Discussion / Re: Petition BTC-E to add QRK to their currency list! on: November 27, 2013, 11:43:30 AM
You mean what a quark is?   Wink
In fairness, subatomic physics isn't that popular.  Maybe people would know if it were a higgs boson coin or a Neutrino coin, but even they might be a stretch.
2467  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Quark on Amazon and Digital ocean - on: November 27, 2013, 11:20:54 AM
I posted this on the Amazon thread: All my opinion

The http://qrk.coinmine.pl/index.php pool was definitely the best one.  Use the $100 free from Amazon too, so you can check it out without any expense.

Select a 32 core spot instance.  IMPORTANT, make it a spot instance, they cost about 25-30 cents an hour, normal instances cost $2-3.
Use a linux/unix (amazon VPC) instance.  cc2.8xlarge is the one you want.  Connect with putty as instructed on the amazon website.

sudo apt-get update
sudo apt-get install autotools libcurl-dev libjansson-dev make automake unzip (you might have to do them all individually)
sudo wget http://stonefoz.myfastmail.com/cpuminer-quark.zip
sudo unzip cpuminer-quark.zip
cd cpuminer-quark
sudo CFLAGS="-O3 -msse2" ./configure
sudo make
sudo strip minerd
sudo ./minerd -a quark -o stratum+tcp://qrk.coinmine.pl:6010 -u Username.workername -p workerpassword

Let me know if it works for you.  I was getting about 60kh/s per core.
2468  Alternate cryptocurrencies / Altcoin Discussion / Re: Petition BTC-E to add QRK to their currency list! on: November 27, 2013, 11:12:19 AM
Obviously I would like to see QRK on BTC-e, but I don't think it is essential.
It is growing massively at the moment, but there is no rush, it's not going anywhere (other than up)
2469  Economy / Service Discussion / Re: BITSTAMP Possible scam - warning on: November 27, 2013, 07:47:22 AM
It sounds a lot more like you have been hacked that Bitstamp deciding to steal your money.
They are a big and (in BTC terms!) trustworthy company.
2470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2013, 07:35:21 AM
Price isn't moving because everyone's busy pumping alt-coins.
 Grin

I personally learned a lot in the last 36 hours regarding the crypto market and how it reacts to rallys in Bitcoin. I completely missed the boat with this most recent alt rally. And now that it has happened it seems so absolutely obvious to me.  

Altcoins are difficult. The price is volatile and the market thin. Look at the bids/asks around $20 for LTC. How do you expect to cash out of 7,000 LTC without disrupting the market? It's no joy working high numbers with altcos.

If you drip feed it on a big exchange you will get out easily.  I agree that banging them all at one price, or putting in a market order is a bad idea, but 7000 is very withdrawable.  You could also split it between fiat and BTC withdraw if you urgently need to withdraw.
2471  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: November 27, 2013, 06:15:28 AM
$ parity would have Quark ranked number 3 crypto currency with about half the market cap of litecoin.
I think that is a stretch in the short term, but then on Friday it was 24 QRK per cent, and now it is about 1,5cents per QRK, at that level of increase we'll have $ parity next week! (I know it won't happen.)
2472  Other / Beginners & Help / Re: Mining and some other misc questions :D on: November 26, 2013, 10:06:43 PM
As a newbie, it is probably best to forget mining and just either buy some bitcoin or alts.
Mining is laborious and almost always unprofitable for the masses.  A few CPU coins might be ok, but very slow, to mine, but with a normal computer GPU mining is a no go and Bitcoin impossible.
2473  Other / Beginners & Help / Re: Isn't bitcoin too SLOW to be called "instantaneous"? on: November 26, 2013, 10:04:03 PM
Buying online won't be a problem, buying in a pub or even a small shop might be.
I heard about a bitcoin accepting pub in London that had problems with iPhone users because the default setting was to send coins without a transaction fee, resulting in people waiting hours for their drinks...

Credit cards aren't instantaneous but are treated as such, but the get to the equivilent of 1 confirmation faster than bitcoin does.
2474  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Securecoin / Quark CPU miner by Spoetnik on: November 26, 2013, 08:39:35 PM
AMd FX8350 - 759Kh/s - 1750Kh/s


i have a fx8350 too and i'm hashing at 800 Kh/s with this new miner....no performance increase for me.  Roll Eyes

Are you running it without the unlock code? The miner runs ALOT faster if you donate to the OP and get your code.



That's not donating, that's buying a miner. Nothing wrong with that, but lets call it what it is.
2475  Alternate cryptocurrencies / Altcoin Discussion / Re: Quark pushing z5 0.00001000 - still think its a Pump and dump? on: November 26, 2013, 08:09:29 PM
Hates life for selling 1/2 a million when it tanked a few months ago
Did you not keep any?
You could do worse than being in at the moment, the devs are doing great work getting it noticed and looking to improve the coin.
2476  Other / Beginners & Help / Re: are they scamers?? on: November 26, 2013, 07:57:59 PM
According to a whois search that domain was just registered 24 November (yesterday) http://whois.domaintools.com/asic-laboratories.com


That' enough information for me. 1 day old website wants thousands of dollars? No chance in hell
2477  Economy / Economics / Re: No Fees on Coinbase 11-29-13 on: November 26, 2013, 07:55:48 PM
Bitcoin.de is doing the same thing on the 29th.
2478  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2013, 07:53:06 PM
single digits are gone forever, double digits too.  It's getting hard to imagine $250 BTC now, even though that was the price about a month ago!
2479  Economy / Speculation / Re: Just hit 900$ on: November 26, 2013, 07:32:12 PM
It's weird that sometimes bitstamp and gox are exactly the same, but they don't move in unison.
I can't explain it.
2480  Economy / Speculation / Re: Just hit 900$ on: November 26, 2013, 07:30:10 PM
All time highs all the way for the next few hours.
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