A bid of 7.0 is currently necessary to get in. Total income the forum makes at this point is 56.5 BTC. The forum has earned 72.0 BTC from previous advertising rounds. If this auction ends now, it would have earned 128.5 BTC ( 43% of 300 BTC). | Slot # | Username | Cost (BTC) | | 1 | NothingG | 8.0 | | 2 | GoWest | 7.0 | | 3 | GoWest | 7.0 | | 4 | BitCoinWebHost | 7.0 | | 5 | BitCoinWebHost | 7.0 | | 6 | Teek | 7.0 | | 7 | Jeremy West spendbitcoins.com | 7.0 | | 8 | Nextnonce | 6.5 |
Total income the forum makes at this point is 51.5 BTC.
Umm, I said "2" @ 7 BTC each. =) Sorry, I misread. This is fixed now. If anyone has an issue, please do say (accuracy is one thing scripts are better than humans on). |
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I like to buy high and sell low, mostly.
 I was just saying that it's good to buy and sell to make a profit, usually against the popular direction. Because when you're not following the masses, you can profit. Usually about 10%, or $2 if you're investing light. Ah, okay. The way you worded that sounded like you were throwing money away! |
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I like to buy high and sell low, mostly.
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Wow. It was going up due merged mining, but due to the DDOS it seems it'll go down lower than it was before. Did NMC miners stop mining due to merged mining? It was never going up. It's because there was a gigantic period of time when namecoin was going 1-2 blocks a day. |
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If no one else wants the write the script, I'll just go ahead and do it.
This is not work a script would do better than a human; you would still be needed to enter the fields manually. I guess you've never messed with PHP  I'm fully capable of messing with PHP - it's just that the things it excels at (flexibility) are not needed. There will always be a need for someone to enter the bids, and that someone could just as easily place them in the correct slots. |
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I have updated the list.: | Slot # | Username | Cost (BTC) | | 1 | Teek | 6 | | 2 | TyGrr | 6 | | 3 | BitCoinWebHost | 6 | | 4 | BitCoinWebHost | 6 | | 5 | NothinG | 5 | | 6 | NothinG | 5 | | 7 | Mb300sd | 5 | | 8 | GoWest* | 4 |
* Order not fully completed I bid 2 btc for a slot.
Any bid below 4.5 will not currently get in (I'm assuming GoWest has priority since he bid first). If no one else wants the write the script, I'll just go ahead and do it.
This is not work a script would do better than a human; you would still be needed to enter the fields manually. |
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For others thinking about buying bitcoin, consider using it as a currency instead of an investment. The real power of BTC is fast, private buying/selling between regular people. Getting rich quick is only rarely going to happen in finance. P.S. I won't tell my wife either, just in case our wives talk. Even though I bought at the wrong time I think it's still worth the gamble. Either bitcoin will fail or it will be incredibly successful. I think only a fool would think it wasn't worth the gamble - if it succeeds I'll be a multi-millionaire, if it fails I've lost a few thousand dollars I can afford to lose. Maybe you should play the lottery  . That's what they WANT you to think. If they actually wanted to liquidate they'd just take a dump on the buy orders. This is The Manipulator, he's back! After taking a monstrous assblasting at $8 and $6 he's ready to try again at $4, as I predicted. He just wants cheap bitcoins. BUY BUY BUY.
Seriously though, 6k coins is about current daily mined volume, or only $24k. It's nothing.
It's also an instrumental tool to initiate panic. |
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S3052, in your "bullish divergance" chart are you measuring the change of the divergence of the MACD, a measure of change in trends?! Why is this a useful measurement?
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Looks like someone else already bid 2 slots @ 5btc each, but their are 8 slots you are selling...so I don't know if I can bid the same for other slots?
That's fine. That sort of defeats the purpose of an auction, doesn't it? I think there should be something set up for this to make it simpler. Like some kind of script. Or at least let us know who is the current lead and such The slots will be sold (currently) as follows: 1. Teek (6) 2. TyGrr (6) 3. Teek* (5) 4. Teek* (5) 5. NothinG (5) 6. NothinG (5) 7. GoWest (4) 8. GoWest (4) 9. Talpan (3.5)**10. Talpan (3.5)***User may or may not have cancelled bid. **Only if other uses cancel bids |
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Surprised by the low bids. This is the premier site of the Bitcoin community, very highly targeted audience, if you want to plug a product this is the place. I would set a minimum reserve price of 1$ CPM.
If I understand correctly what is being sold is about 500.000 impressions/slot, which gives 125BTC/slot at 1$ CPM. Even at 20c CPM, the minimum some networks allow non-targeted CPM to fall, we're still talking about 25 BTC/slot.
The low bids are partially due to a previous user only gaining 0.4 BTC from ads. |
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the jump in June was minimally caused by new adopters.
...
I have no evidence either way
Well, I have - the number of forum users nearly doubled in June. Please come back if you have evidence to support your wild speculations. The number of forum users more than hundredfolded the first week this forum was founded  . Of course, the correlation has held previously, but it's important to realize that it is just a correlation. |
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Wednesday.
*image*
Is this painting a bleak picture? Unless the 2% happens, it looks like there won't be a rally... |
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There are only 21 million bitcoins out there, so ANYONE could back bitcoins with Gold. If you have 21000oz, you can give out an oz for every 1000 bitcoins. Uh... I could today. Maybe this week. But I won't make an indefinite guarantee. And neither will anyone else. The US made an indefinite guarantee, and reneged on it later on. You're still backing it. |
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Does anyone know how a new difficulty is calculated? Is it simply based on the length of time taken to find the last 2016 blocks? If so we should expect the Namecoin difficulty to fall sharply very soon which will give a temporary huge boost to merged mining (possibly over 100%).
I believe the last adjustment took difficulty down 75%, so we are only a couple days into the new adjustment. Edit: Oh I'm sorry, I'm an idiot. It looks like difficulty has not yet been taken down 75%, so in a day it will go down that much. Yes, a large drop is in order (but market values of namecoin are slipping!). |
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I don't see how that's relevant to reasons people buy dollars and sell them to other buyers....Facts about the history of dollars may make dollars more stable compared to bitcoins, but what I'm saying is that those facts don't enter into the minds of most people as reasons they buy dollars.
When dollars WERE backed by gold, they easily crossed this acceptance threshold. When the backing was removed, the fiat was sufficiently established. So, while the historical backing is not relevant today, it was relevant to its establishment in people's minds. There are only 21 million bitcoins out there, so ANYONE could back bitcoins with Gold. If you have 21000oz, you can give out an oz for every 1000 bitcoins. A good with no inherent value always has an infinitely inflated speculative value/inherent value irrespective of it's price. The value of a dollar is absolutely arbitrary, but is riding on purely psychological momentum since it launched from its gold backing.
I don't think the value of a dollar is arbitrary. It certainly has a floor because 300 million people in the US find it directly usable, unlike Bitcoin. Until you can pay taxes in Bitcoin, it will be completely speculative. |
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Https does not work if thats what you typed in if not maybe your dns database is old try the following address http://cheaperincoins.comThe forum software hates your link . Try that. |
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Do you mean gross income? Because a net income of 0.4 BTC means you earned 50.4BTC off two people!
I think what he meant was obvious... he certainly didn't earn 50.4 btc from 2 transactions. How ever much fun it might be, there is no need to rub salt in his wound with pedantic comments like that. I didn't mean any malice, and it's a legitimate question. I apologize for any people insulted by my comment. |
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Net Income: 0.391 BTC
Do you mean gross income? Because a net income of 0.4 BTC means you earned 50.4BTC off two people! |
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