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2561  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 23, 2012, 04:45:07 PM
Won't it go on forever if the amount of humans (or other future full members of our society) keeps growing?
Yes, I was only specifically referring to the block reward halving.
2562  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 23, 2012, 04:41:23 PM
Stability is NOT good

Since there is a limited number of bitcoins, if more people start using and buying them the price must rise.

If the price stay the same then it means that btc adoption is a bit slow. Wich is not a problem now, after all we still lack infrastructure, easier clients etcetc. But in the future if there will be more ppl using btc then the price must rise.
Stability is good if the price rise is extremely gradual. Bitcoin's deflation mechanism takes literally a century to play itself out.
2563  Economy / Service Discussion / Re: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant on: May 23, 2012, 03:20:30 PM

Now if we could have the opposite. Go into Walmart with Bitcoins and exchange them for dollars you would have the perfect setup for wire transfers of money that could instantly compete with Western Union.

At least bit-pay can do a direct deposit of cash from BTC...

Should have that launched within 4 weeks or so.
Aw hell yeah.
2564  Economy / Currency exchange / Re: USD between MTGOX <--> DWOLLA on: May 23, 2012, 03:17:02 PM
I've got 200 BTC that I want to turn into Dwollas. Prefer all one big transaction. Let me know, and reasonably well known users only please, no noobs. -otc available under nick "rjk".

ORDER FILLED
2565  Economy / Service Discussion / Re: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant on: May 23, 2012, 02:55:02 PM
Is it possible for bitinstant to convert the funds directly to bitcoins instead of dealing with mtgox or coinapult?
The whole point of their business is to not be an exchange. That's how they were able to get a money transmitter's license in the first place.
2566  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 23, 2012, 02:52:12 PM
...scam...scam...scam...
And price stability as a bad thing, why? You aren't entitled to see a market rise if you happen to be long on it. It seems to me that investing in Bitcoin is getting closer to real world investment returns instead of being a "too-good-to-be-true" investment that is making large returns.

Having huge spikes and dips does nothing for wider market adoption.
2567  Economy / Computer hardware / Re: [WTS] ASRock 970 Extreme4 + Sempron 145 + 2 GB RAM and aluminum frame package on: May 23, 2012, 02:31:06 PM
Still available, will ship to Canada as well.
2568  Economy / Computer hardware / Re: [WTS] Massive laptop Eurocom D900F i7-980X 12GB RAM GTX280m 17" screen 1920x1200 on: May 23, 2012, 02:29:54 PM
Bump

It's got Bluetooth too!
2569  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 23, 2012, 02:02:26 PM
We had written a long post however we are prevented from posting it due to limitations. We are very sorry. We are trying to resolve this matter however we are limited in our capacities.

Post it on your website.  You can have it be 30 pages long if you'd like. 

the limitations are not technical but legal...
Are you sure? They never actually came out and said that. They haven't said a whole lot of anything, to be honest.
2570  Economy / Service Discussion / Re: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant on: May 23, 2012, 01:35:57 PM
Sweeeeeeet
2571  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 23, 2012, 01:18:57 PM
Not talking is what gets your ass sued. Being up front and honest is a better way to avoid lawsuits.
2572  Other / Off-topic / Re: Max power draw for the fan header on the BFL single? on: May 23, 2012, 12:55:13 PM
High-Current fans are not recommended. The reason is their inductive load and the noise injected to the power plane of the
board. The protection diode placed before the FAN header can withstand max 5A of current. So this sets the upper limit to 5A,
which translates into 60W on 12 Volts rails. This amount of power, along with the power consumption of the board itself can
exceed the Barrel Jack current rating, which is why we advise not to take any risks in this regard.


Regards,
BF Labs Inc.
Are there 2 different diodes, one for each header? Or just one that covers both of them?
Also, if the barrel jack was replaced with something else, would the board itself support that current draw without issues? I'm guessing the warranty would be void in this case. Wink
2573  Other / Meta / Re: Impose a restriction for the lending subforum on: May 23, 2012, 12:50:39 PM
How about one spokesperson that knows how to ask scammers the right questions? He could be the one that weeds out the idiots, and then the lenders could then do their due diligence on whatever is left. I think after a while, all the new users  scammers would come to know that this user is going to start asking them hard questions, and would either ignore him, which would set off red flags, or they would go away.

Aren't most of us are playing the spokesperson part nowadays in the lending subforum?   It's like a 'Please Troll Me' subforum now, that's why I proposed this. I hate to spoil the fun though. Wink
Yeah I noticed that, and each noob gets a deluge of lenders picking him apart, which is kind of a waste of everyone's time. I figured one known trustable member could do preliminary vetting.
2574  Other / Meta / Re: Impose a restriction for the lending subforum on: May 23, 2012, 12:39:15 PM
How about one spokesperson that knows how to ask scammers the right questions? He could be the one that weeds out the idiots, and then the lenders could then do their due diligence on whatever is left. I think after a while, all the new users  scammers would come to know that this user is going to start asking them hard questions, and would either ignore him, which would set off red flags, or they would go away.
2575  Other / Off-topic / Re: Butterfly Labs - Bitforce Single and Mini Rig Box on: May 23, 2012, 12:28:34 PM
Tuniq TX-4 is discontinued, but you can still get it a few places. It has the best thermal conductivity in real-world applications, but is expensive. Tuniq TX-2 is almost as good, and much less expensive.
2576  Bitcoin / Mining support / Re: Should I invest in a 7970 or a bitforce single? on: May 23, 2012, 03:06:23 AM
Also, make sure your existing box has a PSU that will support a 7970 if you go that route.
2577  Bitcoin / Mining software (miners) / Re: BFGMiner modular FPGA/GPU overclock monitor fanspeed GCN RPC Linux/Windows 2.4.1 on: May 23, 2012, 03:04:06 AM
Also, search for pooler's fork of cpuminer. It's been better optimized than what is in cgminer' sources anyways. Maybe you will get 40 mhash/s instead of 30!
2578  Bitcoin / Hardware / Re: BitFury 110GH/s per rack? on: May 23, 2012, 01:11:26 AM
Or am I missing the point here?
Could it be related to the fact that a Bitcoin hash only needs 61 rounds instead of 64?
2579  Economy / Services / Re: Bitcoin Camming Site on: May 23, 2012, 12:57:34 AM
giszmo, why not set up your own service? Perhaps watchtwoord would give or sell the source to you.
2580  Bitcoin / Hardware / Re: Algorithmically placed FPGA miner: 245MH/s/chip and still rising on: May 23, 2012, 12:48:57 AM
on the personal front, i suggest stop doing any effort on these pipelined architecture.

wha chew talkin' bout, Willis?

It sounds to me that he is saying several Spartan 6 each doing a small part of the work in parallel would do a better job than the same number of Spartan 6 each doing their own thing.


I think what he means is that partially rolled hashers would be faster than fully unrolled hashers, on this architecture. It coincides with the info from http://bitfury.org/
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