I would like to know is someone will be interested in buying mining contracts with following terms:
1000 BTC upfront for 1 year (365 days) of 5 GH/s hashpower or 36 628 938 accepted shares (preferred), directed to your account at Deepbit.
LR payment is also possible. Smaller hashates are available, but those may be less interesting for me.
Which would mean a break even of about 15 months given current difficulty and bitcoin price. Even if BTC goes up by 18%, one just breaks even after a year if difficulty stays the same. Did I miss something? |
|
|
|
IBB is about Islamic banking regulations and practices.. so no interest loans, no usurous paper currency, ect.
If all our banks used the same practice none of our countries would be broke right now from epic subprime speculation fallout. If Raelians offered the same benefits as Islamic Banking Sharia law and had a thousand years history of operating sucessfully I'd use their bank too.
One interesting thing is, that this concept is in the scripture of the Bible too, but has been conveniently left out in our culture. http://realcurrencies.wordpress.com/2012/04/17/the-scourge-of-usury/Instead we cover up any guilt by charity or just going agnostic and rationalize it away. |
|
|
|
Damn, easy on the trolling there! You've trolled so hardcore that I'm sure you've caused permanent trolldamage, troll.
Thank you for the flowers, I should take it easy on the espresso then... Why troll so hard, when you've only been made a mockery of for 4 months now?
Hmm, maybe this is not about my trolling skills, I've been active here for only about 2 months now, hm... But I see the point, trolling on this thread after 51 pages of trolling by skilled expert trolls is like adding a piss stain in a public subway urinal. My trolling time may be more effectively spent on other threads  Borrowed from another thread: You may be a scammer if you don't know how to properly troll this thread.  ~Cackling Bear~ Expert troll in action! |
|
|
|
I dont mean to be a jerk or anything, But i HAVE NOT read this thread aside from the first three posts.
All i have to say is that the "quick and fast" way is to use the Bitcoin OTC.
I turn my bitcoins into Cash in my bank in 40minutes. Eveeerrrryyyy time
Well, if you are new to bitcoin-otc and look for a guide howto use it, you get linked to the Wiki site, and that's longer than the terms&conditions you sign on most web pages (I wonder how many people actually read those), so it's absolutely not user friendly (but maybe that's part of their strategy). |
|
|
|
Damn, easy on the trolling there! You've trolled so hardcore that I'm sure you've caused permanent trolldamage, troll.
Thank you for the flowers, I should take it easy on the espresso then... Why troll so hard, when you've only been made a mockery of for 4 months now?
Hmm, maybe this is not about my trolling skills, I've been active here for only about 2 months now, hm... But I see the point, trolling on this thread after 51 pages of trolling by skilled expert trolls is like adding a piss stain in a public subway urinal. My trolling time may be more effectively spent on other threads |
|
|
|
Hmmm, if it takes that long to get the first issue out, I'm wondering how the following magazine issues can be kept at a monthly or bi-monthly schedule. By now after all that time passed there should be an established process at Bitcoin Magazine, so just assuming that once that first issue is out the process will be set with the wrinkles ironed out and smooth sailing from thereon, is not really convincing to me. This really doesn't look like once that first issue is out there will be a regular monthly/bi-monthly schedule possible. I'm still looking forward to that first issue, no matter if it's just one out of a few; this would fit perfectly in the bitcoin principle: scarcity.  Anyways, just trolling while waiting, it's just hard to hold my breath for how long this takes  |
|
|
|
I guess there's always "garbage collecting". When the reward for mining goes below 5 BTC for a month or so, run a collection from the addresses that lasts 1 year. If an address is online for even 1 picosecond of that year, they keep the balance. No need to spend anything. Think it would work?
Please search the forums for threads discussing that. This has REALLY been discussed up and down already. You're re-inventing the wheel. Also, this thread should go into General Bitcoin Discussion, not the Speculation forum. |
|
|
|
Orphaned coins lower the amount left. That can add up, since it never goes down. Because of this, it will at some point reach 21 million. The key is to somehow put all of these coins in the reward without the used ones going as well. Is there any way to do so?
Just to use proper terms, 'orphaned' (as in orphaned blocks) is not the same as 'lost' (as in lost coins). A 'lost coin' is generally a coin where the private key has been lost (like with a lost wallet.dat) and this is not recoverable. Such coins reduce the total number of bitcoins available. As Burt pointed out, this has been discussed in several threads on this forum, just search for it. An 'orphaned block' is a block that is not part of the longest chain, something like that could happen if someone else mined faster and the network always recognizes the longest chain as the valid one. Orphaned blocks thus don't count towards the total coins mined, and the don't 'add up'. The only way to use orphaned blocks is to continue your own alt-chain (if anyone cares). Bitcoin would only care for blocks in the longest chain. |
|
|
|
Facebook thing and 30 day wait won't really prevent fraud. Afterall most crimebots record every keystroke and login so the potential fraudster would already have all Dwolla/FB/everything and can just buy the SSN# from a lookup service. Bitinstant should crowdsource trusted people to do cash in hand trades in every city and pay an affiliate fee or something  No more banks or dwolla middlemen. Sort of a giant hawalla network I would happily participate in such a thing. I wonder how you'd go about vetting so many people though... Thats a good idea actually..... +1 |
|
|
|
Na das muss ich mal im Auge behalten! |
|
|
|
|
Very interesting.
Subscribed!
I'd love to see an implementation of it.
|
|
|
|
Subbed - I want to see how many people are ordering these things!
+1 |
|
|
|
|
Is that true for Dwolla/Intersango too?
|
|
|
|
Got this in my inbox.
I think this is a good idea, thoughts?
Ouch, #1 kills Dwolla for me. I just hate social networks, unless LinkedIn counts. Edit: I just see LinkedIn works with Dwolla. So, Big Brother, here we come, welcome to the brave new world of Bitcoin. |
|
|
|
Yes, I like them, clean and simple, but unfortunately the content " http://bitcoin.org" is a bit disappointing, a no-brainer, there's no mystery that one can decipher, maybe I'm just too used to bitcoin, since I cannot appreciate a simple bitcoin.org anymore... |
|
|
|
Interesting. But the one the OP is showing doesn't appear to be 'functional' in a way that it doesn't contain a valid bitcoin address. I see how the system works: make a real code, then add a label to it, that at the end of it contains a bunch of garbage... |
|
|
|
|
QR-Code:http://bitcoin.org#682695597682677368759000000097683509677339084598730721510957945379181257677331000894682853510640000383981343683997157314202752263341349874682682751959959696042640642683342700687338479768000958677341501300528660596343944120248381933321427323322762682343080000000380677343938
Calls for a new version of vanity address generator: one that approximates a shape as its OR-code version.
|
|
|
|
|
Test, 1, 2, 3, test! Is this raffle still on?
Seems you lost steam...
|
|
|
|
cost by selling some ASICs... i can sell ASIC based cards, is someone would like to buy ? it is very difficult to price... just sample calculation... please correct... the card mined 50BTC per day, let say probably will have 1000BTC till November 1st. The BTC price is - ok, let say US$ 4.5 - so, the card will mine US$ 4500 within 200 days - minus electricity and support cost. What should be the price of card today ? 50BTC*20days=1000BTC, you would start mining October 10 to have approx. 1000BTC by Nov 1st. That would be a large lead time, but 82GH/s per card. doesn't correspond to your 200 days statement. Or maybe it's 5btc/day that would be approx 8.2GH/s currently per card then? 200days/30=6.6months. So you have an ASIC BTC miner board to sell now that does 8.2GH/s? Which is it? |
|
|
|
since it would be rather "entertaining" for our masters to tinker with the laws of nature, which to our best knowledge hasn't happened yet.
Our regular laws of nature are already weird enough. And you would just leave it at that running your simulation and look at it like a TV show? I certainly wouldn't; too tempting to mess with it. Or maybe they are messing with it once in a while, then the whole simulation crashes or gets out of hand and they just restart it from a backup and we'll never know. |
|
|
|
|
Show Posts
