You do realize that you just posted the exact same link, right? I asked about "some source beyond what [Mr. Gornick] posted"?
That article includes a link to the source which made the original claim. That author of that claim then posted: Most of our regular readers understood that it was fiction, but some people did not. The story went viral and has been viewed by several hundred thousand people.
- http://www.sutori.com/phpbb/viewtopic.php?f=81&t=1719&p=2843#p2843 |
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If I understand correctly usually people mine bitcoin with GPU. Nowadays the only ones who are doing so profitably on GPUs are those with the high-end cards tuned to be easy on the power consumption and are paying below about $0.10 per kWh for electricity. This excludes much of the Western world, with the exception of some regions with cheap electricity due to proximity to hydro or subsidies, etc. The GPU miners that are still profitable will only continue with the benefit for a matter of weeks (maybe many weeks, but still measured in weeks) before ASICs ship, which will cause the difficulty to rise to such a level that it completely obliterates all profitability for GPU mining. |
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Hey folks.....could someone give me a quick tutorial on moving my .dat file to a network drive rather than my C:?
I am filling up fast on my SSD, and need to get it moved to greener pastures.
Any help is appreciated!
There is a lot of I/O that occurs. I don't know the performance using a remote share, but it can't be pretty. Anyway, the steps are: 1.) Ensure you have a backup of your wallet.dat 2.) Run Bitcoin-Qt to detach the DB at shut down. (Right click on Menu -> options, then mark the checkbox Detach Databases at Shutdown.) Then close Bitcoin-Qt. Or, run from the command line: C:\> Bitcoin-Qt -detachdb=1 3.) Copy (or move) the entire Bitcoin directory to the new location [Edit: If copied instead of moved, you can then delete, or rename if unsure, the old directory location.] 4.) Launch Bitcoin-Qt with the -datadir= specifying the new Bitcoin directory e.g, for use on drive Z: C:\> Bitcoin-Qt -datadir=Z:\Bitcoin 5.) Profit. |
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Where did you read that they are getting rid of the dime, nickle, and penny? This seems unlikely and I suspect your source is unreliable.
Canada got rid of their penny, and Geithner back in May said that the U.S. penny and nickel were costing twice to produce versus their face value. The claim that the U.S. was getting rid of them though was a fake report in November: http://www.silverdoctors.com/penny-and-nickel-coins-to-be-phased-out-in-2013/And the U.S. Treasury is looking at substituting the metal so as to be able to mint the penny and nickel without taking a loss. |
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What software is best for my tax preparation business?
Is this just a general accounting / tax preparation question? None of these know anything about bitcoin, if you were wondering. There are some accounting programs that handle multicurrency, but that's for general ledger and such, not necessarily for tax preparation. - http://bitcoin.stackexchange.com/questions/3612 |
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The basic idea is to offer distributed computing to users and companies. You could rent out a portion of the grid or the whole thing. Then when no work is avalible for your computer it will revert to mining until more work is avalible.
From another thread: We are in the business of building a a world-wide distributed computing service. While today, you can earn money from mining Bitcoins, we want to be able to bring you other scientific computing jobs that will pay as much or higher than the rate of Bitcoin mining.
So, if you’ll help us build out our network, we’ll commit to providing you with profitable work for your idle GPU cycles. and 1) CoinLab obtained $500k in seed funding in Seattle.
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My question would be on the best way to pull out large amounts of money without it looking fishy. What type of money? I'm going to assume you are referring to cash, ... fiat money. One way is to use an exchange and then withdraw using a bank transfer (e.g., domestic or international wire). Of course, for larger amounts most exchanges will require that you verify your identity. If you prefer to have a check sent to you, many exchanges will do that. FastCash4Bitcoins.com is one. None of these would be "fishy", at least not as far as I can tell. Here's a fairly comprehensive list of exchanges for cash-out. - http://en.bitcoin.it/wiki/Selling_bitcoinsAmong the numerous options for cashing out is to sell coins in a local cash trade: - http://www.LocalBtcoins.com |
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Paypal wont except it. Frrom what I've seen no sellers online like MtGox etc accept it. I'm just looknig to get a couple coins to try out a poker site. Have everythig downloaded and thought I'd be able to transfr some cash since it is a preloaded card but cant find anything to do this. What is the best way for me to purchase 2 BC's?
For using it as a credit card, you have few options. You can use the funds to buy Second Life Lindens (SLLs) on VirWoX. Then those SLLs can be converted to bitcoins: - http://www.VirWoX.comYou can also use a credit card through LiqPay with an account at BTC-E.com: - http://www.BTC-e.comAlso, cash works well for buying bitcoins. Your prepaid debit card can be used at an ATM to withdraw cash. Then that cash can be used at any Chase location for deposit to your BitMe exchange account: - http://www.BitMe.comOr at a Moneygram location using BitInstant: - http://www.BitInstant.comYou could also try to find a trade on Bitcoin-OTC marketplace. You would probably need to mail the card to the seller who then uses the card to complete a purchase at a retail location (or ATM), and then if that succeeds, delivers the bitcoins to you. So obviously, that seller's trust history is relevant so that you don't get scammed: - http://www.Bitcoin-OTC.com - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer - http://bitcoin-otc.com/viewratings.phpThere are other methods that might work for you as well: - http://en.bitcoin.it/wiki/Buying_bitcoins |
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These are just a few! feel free to ask me any questions here or in PM. I registered and with my profile it shows in red that "You must generate a Bitcoinstarter.com Address!". Then I click the "Generate a Deposit Address" button and the red warning goes away but the field remains blank. |
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Sell your BTC
You've registered your domain with privacy protection. You've registered your forum profile just two days ago. Your forum profile lists an anonymous e-mail service (Tormail). There is a recommendation on the Bitcoin-otc wiki: When you trade OTC you engage in a transaction with people you possibly know nothing about. You may send your BTC to the person, and never get anything back. Or you may send your $currency to the person expecting BTC, and get nothing in return. This is a highly undesirable outcome for you, and you should do your best to guard against that. - http://wiki.bitcoin-otc.com/wiki/Using_bitcoin-otc#Risk_of_fraudDo you have a history with the #bitcoin-otc Web of Trust (WoT) or will you provide identity? |
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I'd guess that bitcoin network in US and other isolated parts of the world would see a sharp drop in hash rate, but the blocks would still be generated... as the result, when communication is re-establishes itself, would we have many separate chains/networks? Continuous connectivity is required to mine and is required by an exchange, merchant and individuals who trade and need to protect against double spending. As D&T explains the Internet does not have regions that get isolated from each other as you describe, but for the sake of argument let's assume that can happen. So region A has 10 Thash/s of capacity and the rest of the regions that are not connected to (i.e., cannot route to) A have a total of 15 Thash, but none larger than 5 Thash/s and none have any connection anywhere to each other nor to region A. The first thing that will be noticed by all participants everywhere is that blocks are taking about 25 minutes (region A) to an hour (other regions) to solve instead of the normal 10 minutes. Since those in any one region don't know whether their region will emerge as having the most hashing capacity, those merchants, exchanges, individuals etc. might be wise to stop accepting payment in bitcoins from untrusted parties until a better assessment can be ascertained. What will likely happen is at least one node in each the other disconnected regions will establish connectivity with a node in region A (even if it is a dial-up connection) and there are then no more disconnected regions (as one node in a specific region can successfully relay all blocks and transactions thus joining the formerly disconnected regions with region A.) So can wide outages disrupt the ability to transact with bitcoin? Sure. Could bitcoins be lost due to a 51% attack during such an outage? Well, bitcoins aren't lost unless there was fraud intentionally perpetrated by a party with 51%. There's probably even less chance of success because there would be a heightened sense of awareness. i.e., an exchange might suspend all outgoing bank wires and withdrawals until the communications issues are resolved. Remember, that if there's no connectivity, there's no connectivity -- so there is also no VISA, Mastercard, Bank (ATM), Gmail, Facebook, Salesforce.com, IRS.gov, Wikipedia, Netflix, etc. There would be pretty steady progress in re-establishing connectivity is nearly every instance. Here's a related thread on the subject of what is available for an isolated region: Desert island economy on Bitcoin without being connected to the internet? - http://bitcointalk.org/index.php?topic=106302.0 |
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Today, you can't even use it to buy Facebook stock. Funny they should mention that. At the beginning of the year until today, bitcoin went from $4.72 to $13.40 (current level). Most everyone that bought Facebook is down. Also, these types of metrics don't indicate "Expired": - http://blockchain.info/charts/my-wallet-n-users?timespan=180days |
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I see a lot of people mention OTC when referring to someone selling an item for BitCoin. I know it's some sort of merchant rating system, but that's about it. Is it a website that gives the rating or something?
The Bitcoin-OTC project is a marketplace for people to conduct over-the-counter trading in bitcoin. It is located in various IRC channels on the freenode IRC network. The marketplace is located in #bitcoin-otc channel on the freenode IRC network. Here's a Web-view of the order book: - http://bitcoin-otc.com/vieworderbook.phpHere's the directory of user ratings: - http://bitcoin-otc.com/viewratings.phpWeb access to the IRC "#bitcoin-otc-foyer" channel is available to anyone. You can communicate with other -otc members using this. - http://webchat.freenode.net/?channels=#bitcoin-otc-foyerParticipation (e.g., to enter an order or to communicate on the #bitcoin-otc IRC channel) requires GPG. This is a tool that helps to protect against identity theft (impersonation). Here's how to get GPG on your system. - http://wiki.bitcoin-otc.com/wiki/GPG_authentication#Third-party_guidesOnce you have GPG installed, then you register your IRC nickname with the -otc bot (gribble) so that you can authenticate with it. To enter an order, you must be authenticated. You also must be registered to either give or get ratings, |
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Already posted there a couple times over the past week but I can't seem to liquidate all of this Dwolla there (hence the unusual amount.)
Price fixes everything. |
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