Just a matter of supply and demand, I'd say. The good ole days a few weeks ago, bitcoins were a hot commodity many more folks wanted to jump on to. This week not so much. And now that the word has spread another massive amount, there are more dudes out there willing to sell them locally. And one of those dudes is under-cutting everybody else by only charging chump-change rates to steal all your business, thinking he'll make up for the low mark-up in volume.

I wouldn't think it is much more than that, as described.

Bitfloor didn't claim they got hacked.

They had their banking accounts frozen, apparently.

Thanks !

Free coins would be great.. ! 

4aJ97GyFYdtfPSgfC5vu5WQkVAEr7qhSNX

Ya it's a free world I suppose.

Surprised Terracoin is still alive. It's been having pretty serious problems recently...

I'm warming up to Novacoin myself.

If you don't like a coin you don't have to get any, or mine it. Litecoin makes sense and the other new alts don't really have a big enough piece of the cryptocoin pie to really bother anyone IMHO. I'd say maybe 1 in 50 dudes in the street, tops , knows about Bitcoin.  It'd be like 1 in 100,000 for Litecoin maybe?  If you can find anyone on the street who has heard of Terracoin or PPC or what have you, I'll give you a wonderful prize.

I guess that may be a plus side: if banks shutter there doors to BTC then they'll likely be less speculators because it is too much of a hassle transferring funds in and out, and that it turn I'd expect would lead to more price stabilization .

Really? Geez.... I didn't know about these things happening...

Sucks most about RBC. Was going to open an account there because of that ability to transfer money to CaVirtEx.

If you judge our current global economic situation according to history and logic, and not the P-R campaigns, then regulation leads to a very small number of corrupt wealthy elites manipulating financial markets for incredible amount of personal profit.

I'll take no regulation please.

Heheh totally...

North Korea : We are now officially at war! 

BFL: We are now officially shipping ! 

You can't really take either parties too seriously after awhile.

Ok, sounds reasonable to me.  I don't have any XFX cards myself so can't say for certain.

Oh god man     This one would drive me to the bottle !

Great post man thanks for making this .

I have one . It's a great card IMHO.  I haven't needed to boost voltage and they are running fine.  The cooler design makes it really effective to put another fan if needed on top of the card .  Not to mention mine came with a free Bioshock Infinite and Tomb Raider.

I'm sure the initial price will be pretty crazy, but give it 4 or 5 months after release and this may be a fantastic card to mine on. That's a very effective looking stock cooler...

Ya 90+ is way too hot.

High '70s is where you want to be steady at, IMHO. Anything over 85+ is 'pull the plug' time for me.

Basically you ought to go for the cards with the custom coolers on there. The stock coolers aren't up to going 100% / 24 / 7  .   When gaming, you are never going at 100% for extended periods, if ever.

Fans mo' fans mo'fans is what you need.  You may even be better off removing the stock cooler if they are garbage, and buying a 3rd party GPU cooler or water-based cooler.  Or down-clocking your cards. You may only lose 10% performance but be able to run them 24/7.

Re-gooping / re-pasting the GPU like alex above would be a great thing to do to lower temps but takes a little work if you never done something like that before.

I have additional fans set up on my Sapphire and Gigabyte custom cooler cards and run the 7950's at a steady 76 to 79 degrees depending on my room temperature.  

Gotta say I'm pretty surprised at the rate of which difficulty is still rapidly increasing at, even when the price was sub $70.

I guess it falls into two camps:

1) New miners who jumped in this month with all the Bitcoin press who don't realize how fast the difficulty is going up

2) Established miners who already have everything all set up so there isn't much point of shutting down unless they are actually losing money.

Either way the good ole days of pretty profitable mining are gone (not that I was a part of this myself).  Getting into ASICS will require an investment, and they can't be resold or else-wise used like GPUs can.

   "back in the good ole days..."

Go for it man  People who do this help stabilize BTC's price.

Just try not to become one of those troll-box guys on BTC_E who continually tries to scare everyone into selling and buying everything whenever it suits their personal portfolio.  

edit: LOL at pic above. That image should be recognized as the Mona Lisa equivalent for the 20th century.

It's all covered in this awesome document that has all the collected descriptions of all the stuff the program can do aka 'the manual'  :

https://github.com/ckolivas/cgminer

Scroll down.

No you misunderstood me I think, or I was not clear.

Not the issuing of BTC.

The issuing of a second new hypothetical coin that would be used for daily online purchasing and selling.

The few giants of BTC could create it. Create only one coin for the initial price of 10,000,000 BTCs say.

And then this new coin (perhaps only 1 initial coin), could trade with online using 0.00000000000000000001's denominations of that coin.

edit: Ya doing some math and this idea doesn't work much better than the current system if BTC gains or loses 2x its value in a day.  Just an idea...

^ +1

I think so as well.

I think Bitcoin should be the gold, and another currency, perhaps Litecoin, perhaps not, will eventually take the role of the go-to credit for online purchases. This alternate coin will have a much smaller valuation to BTC but the ratio at which it is traded for BTC should remain relatively similar.  Once BTC market cap is 10 or 100 billion then fluctuations as less troubling.

I'd imagine, though no one has this plan yet,  that it Litecoin or coming Coin 'X' for small purchases would work well if it had a incredible value for 1 coin, and a great deal units smaller than a Satoshi .

For example, say Xcoin had a agreed upon initial value of 10,000,000 bitcoins.  Yet miners could mine and generate units of 0.00000000000001 Xcoin.  You could leave the ratio of exchange between Xcoin and Bitcoin fluctuating, but because just 1 coin had such huge worth, users purchasing stuff under a $1000 dollars would be much less affected by the daily currency fluctuations of BTC.

Hmm.... well already finding some errors in my line of reasoning. But ideas or similar other ideas are needed I think, to take cryptocurrencies to the next stage. The swings in BTC is a problem for its use as a currency to buy/sell things online.

This problem is interesting because it is similar to what any physical country would have I think, if they were newly 'created' and where accessible to anyone online. I'm in an economist but would expect many future PhD theses will study BTC's rise in the coming decades.