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2901  Economy / Currency exchange / BIG Mtgox Chart - 5 days on: October 22, 2011, 04:53:42 AM
Just going to leave this here, it is the current pricing and volume for the last five days, 2000 pixels wide:



2902  Bitcoin / Pools / Re: Bandwidth of a Pool on: October 19, 2011, 08:02:21 AM
bitcoins.lc has 2x100mbit links, and still has been DDOS'd by a single botnet actor until they get IP banned. You would want enough bandwidth to stay up in the face of evildoers.
2903  Bitcoin / Bitcoin Discussion / Re: Media : Bitcoin is Done on: October 18, 2011, 05:37:36 PM
60000 people running the Bitcoin client daily != dead.
9.5 terahashes/s of mining != dead.
454326 Bitcoins sent/spent in the last 24 hours != dead.
~60k of BTC/$200,000 traded daily on currency exchanges != dead.
34 code pull requests in the last three days != dead.

Somebody is not checking their facts. An inflationary phase is good to get the bitcoins moving!
2904  Economy / Trading Discussion / Re: Having a sell low + buy high order = Get ripped-off by Mt.Gox fees (WTF ?) on: October 18, 2011, 05:18:28 PM
I had a 2 month old buy order at 13$....
No you didn't, if you put in an order to buy BTC for $13 it would have been filled as soon as the price dropped below $13 a month ago.

What you did is fat finger something, likely you put a low buy order in when you mean to put in another standing sell BTC order, and you ended up executing a trade to yourself (and possibly other traders). From your nomenclature mistake above, I can see you being confused.

If it is possible to sell to yourself, it would also be possible to put in a huge buy order just above the spread, and then put in a huge sell order below that, and have mtgox trade all the BTC in your account over and over iteratively until it was all converted into fees.

It looks like what is needed is to block submission of buy orders that are lower than a user's current sell orders and vice versa, and warn the user that they must be mistaken in their submission.
2905  Economy / Trading Discussion / Re: Exchange.bitparking.com down? on: October 18, 2011, 05:04:15 PM
Seems to be working fine:

https://exchange.bitparking.com/main
2906  Other / Beginners & Help / Re: n00b question: is BTC infrastructure *really* 100% decentralized? on: October 18, 2011, 04:58:43 PM
About the only thing centralized is information about Bitcoin. When this forum was down, one quickly recognized the concentration of information here about mining software, pools, tech support, trading, etc.
2907  Other / Beginners & Help / Re: Bitcoin Wallet - Address vs Labels on: October 18, 2011, 04:20:15 PM
If you cannot retrieve the original wallet.dat file with it's encryption keys off the computer, then the bitcoins are lost forever. Nobody but you (using your personal cryptography keys in the wallet) is able to spend the bitcoins.
2908  Other / Beginners & Help / Re: use bit coin client with command line on: October 18, 2011, 04:16:29 PM
It sounds like you have some options that should just be put in the Bitcoin configuration file.
2909  Other / Beginners & Help / Re: Phoenix-Miner mods on: October 18, 2011, 04:14:48 PM
You should check your changes into Git, and do a pull request for the update (and maybe send a PM to Jedi95).

Here are the changes between the versions.
2910  Other / Beginners & Help / Re: Retrieving sent bitcoins on: October 18, 2011, 04:03:22 PM
Please see the response to the other similar thread you just made.
2911  Other / Beginners & Help / Re: Bitcoin Wallet - Address vs Labels on: October 18, 2011, 04:01:53 PM
The computer that generated the Bitcoin address is the only one that can receive (and resend) the Bitcoins. The copy of Bitcoin that you installed on the first computer is the only one that has the private encryption keys needed to make use of the bitcoins sent to its address.

The personal information about your addresses is stored in a file called your wallet. While your Bitcoin address is a public key that you can share with others, your wallet also has corresponding private keys that nobody but you have, are not shown to you in the Bitcoin interface, and are required to digitally sign your transaction when you want to send your Bitcoins to someone else. When you first installed Bitcoin, it generated the private keys that are used by that copy of Bitcoin only.

While you can (and should) back up your wallet file, and you could move the wallet to the second computer if you have not used that second copy of bitcoin, it is not a good idea to try using a Bitcoin wallet on two different computers at the same time. If you wish, you can re-send the coins to an address on the second computer's Bitcoin once you have received them.
2912  Other / Beginners & Help / Re: Restoring Lost Bitcoins on: October 18, 2011, 03:16:24 PM
I mined the coins, it's my godamm'd right to never spend them! The unborn grandkids that will inherit them will think it's novel that I mined them on a video card that didn't even have a laser 7 holo output or quark computing.
2913  Bitcoin / Bitcoin Discussion / Re: Animation: Bitcoins moving over the blockchain on: October 18, 2011, 03:07:42 PM
If you look at the current view, you see that lots of coins acquired at the June highs are being held - in hopes that it will be $20 again...  Cheesy

This graph needs another color - for generated coins. It gets really busy near the end with all the trading, so you can't see how many or how long coins are held after they are mined.

I see these trends:
  • most early adopter coins Jan-Dec 2009 are either still held (or lost).
  • Jan-Oct 2010 coins were held for up to a year, about 3/4 are sold now
  • Nov 2010 - Jun 2010 - coins sold off quite quickly after being mined
2914  Other / Beginners & Help / Re: Bitcoins sent buy nothing shows on: October 06, 2011, 01:51:01 PM
Wait until it says you have 148311 blocks.

In the mean time you can figure out how to configure port forwarding in your router.
2915  Economy / Currency exchange / Ok, what retard put in these sell orders?? on: October 05, 2011, 04:48:58 PM
Ponderous, man, ponderous.

4.94   0.0101   730.4
4.94012   0.0165   730.4
4.9408   0.0863   730.5
4.94093   0.0165   730.5
4.94148   0.0863   730.6
4.94176   0.0165   730.6
4.94216   0.0863   730.7
4.94229   0.2500   730.9
4.94259   0.0165   730.9
4.94284   0.0863   731.0
4.94343   0.0165   731.0
4.94352   0.0863   731.1
4.94387   0.0300   731.2
4.9441   0.0883   731.3
4.9442   0.0863   731.3
4.94428   0.0165   731.4
4.94444   111.0000   842.4
4.94468   0.0581   842.4
4.94489   0.0863   842.5
4.945   500.0000   1342.5
4.94515   0.0165   1342.5
4.94558   0.0863   1342.6
4.9456   4.6963   1347.3
4.94597   0.4597   1347.8
4.946   100.0000   1447.8
4.94602   0.0165   1447.8
4.94613   0.2500   1448.0
4.94627   0.0863   1448.1
4.9469   0.0165   1448.1
4.94697   0.0863   1448.2
4.94767   0.0863   1448.3
4.9478   0.0165   1448.3
4.94791   0.0569   1448.4
4.94837   0.0863   1448.5
4.94852   0.0569   1448.5
4.94871   0.0165   1448.5
4.949   65.0000   1513.5
4.94903   0.0321   1513.6
4.94908   0.0863   1513.7
4.94913   0.0569   1513.7
4.94963   0.0321   1513.7
4.94964   0.0165   1513.8
4.94973   0.1225   1513.9
4.94974   0.0569   1513.9
4.9498   0.0863   1514.0
4.95   799.8152   2313.8
4.95009   0.2500   2314.1
4.95023   0.0321   2314.1
4.95031   0.1225   2314.2
4.95036   0.0569   2314.3
4.95046   0.0116   2314.3
4.95053   0.0863   2314.4
4.95059   0.0165   2314.4
4.95084   0.0321   2314.4
4.95089   0.1225   2314.6
4.95097   0.0569   2314.6
4.95104   0.0116   2314.6
4.95122   0.0271   2314.7
4.95126   0.0863   2314.8
4.95144   0.0321   2314.8
4.95148   0.1225   2314.9
4.95156   0.0165   2314.9
4.95159   0.0569   2315.0
4.95161   0.0116   2315.0
4.95173   0.0383   2315.0
4.95178   0.0271   2315.1
4.952   0.0863   2315.1
4.95205   0.0321   2315.2
4.95206   0.1225   2315.3
4.95214   0.0318   2315.3
4.95219   0.0116   2315.3
4.95221   0.0569   2315.4
4.95228   0.0383   2315.4
4.95235   0.0271   2315.5
4.95239   0.0226   2315.5
4.95254   0.0165   2315.5
4.95265   0.1225   2315.6
4.95266   0.0321   2315.7
4.95269   0.0318   2315.7
4.95275   0.0863   2315.8
4.95277   0.0116   2315.8
4.95283   0.0383   2315.8
4.95284   0.0569   2315.9
4.95291   0.0271   2315.9
4.95294   0.0226   2315.9
4.95323   0.1225   2316.1
4.95324   0.0318   2316.1
4.95328   0.0321   2316.1
4.95335   0.0116   2316.1
.....


That kinda spam x10 is on the mtgox order book right now.
2916  Other / CPU/GPU Bitcoin mining hardware / Re: Odd Pair 5770 and 5850 on: October 05, 2011, 01:57:26 PM
The biggest problem you are likely to have is over(under)clocking software, since each card will have different core clock speeds, and the software likely won't do it's trick on both. The most important thing you need to do is adjust the memory speed on both those cards to 300MHz.

You will also need an adequate amount of power, in 600W+ power supply range, with 3xPCIe power connectors.
2917  Economy / Goods / Re: Stop Mining for Dollars and Start Mining For Pennies! on: October 04, 2011, 06:27:28 PM
He doesn't melt the coins. Selling coins for metal value is 100% perfectly legal, as long as you don't melt or destroy them. I believe there may be regulations for exporting for melt as well if anyone thinks they might have found a loophole. Look at the example of pre-1964 silver quarters. Those are bought an sold all the time for metal value. No need for wasting money melting it. Just because it is called melt value doesn't mean you have to melt it for it to be worth anything.

It is not illegal to value pennies at $1.50 for numismatic purposes and encourage collectors to trade them at a different value than face. Just like $2 bills, you can go to the bank and get them for $2, and try to eBay older ones for more. However, the fact that there are metal price charts on the site and essays extolling the value of copper, and misguided predictions that it will be legal to melt the coins for copper puts the website in a harder to defend position of encouraging acquisition of coins as bullion. The law I quoted specifically made one cent and five cent coins illegal to smelt or treat, so the quarter coin example is not a good analogy.
2918  Economy / Goods / Re: Buy pennies for dollars on the penny! on: October 04, 2011, 06:04:31 PM
So at the best price on the website, they are selling 100lbs of pennies for $250. That is 18144 2.5g pennies. Selling $181 for $250 seems like a pretty good business.

The "FAQ" on the webpage doesn't address that this company is likely in violation of now permanent US law by profiting off the metal value of US coins, in excess of the allowed face value exception of $100 or below for numismatic purposes. It is a violation of federal law to smelt (or even export in bulk) US coins. I would expect that when federal agents raid this place, they will also be looking at the mailing lists to discover who has purchased coinage advertised specifically for its value in smelting.

--

April 17, 2007

United States Mint Limits Exportation & Melting of Coins
Final Rule Maintains Policy Established in December

WASHINGTON - The United States Mint today announced a final rule to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation.

United States Mint Director Edmund C. Moy had approved an interim rule on December 12, 2006, to be in effect for 120 days. Enactment of the final rule was pending public comment, solicited during a 30-day period from the date of the interim rule’s publication in the Federal Register on December 20, 2006.

“The new rule safeguards the integrity of U.S. coinage and protects taxpayers from bearing the costs to replace coins withdrawn from circulation,” said Director Moy.

The rising commodity prices of copper, nickel and zinc have increased the value of the metal in both pennies and nickels so that the content of these coins now exceeds their face value. There is concern that speculators could remove pennies and nickels from circulation and sell them as scrap for profit.

The United States Mint has received inquiries from the public over the past several months concerning the metal value of these coins and whether it is legal to melt them. Widespread withdrawal of pennies and nickels from circulation could cause coin shortages, and it would be extremely costly to replenish them, given prevailing metal prices and production costs.

Specifically, the newly enacted final regulation prohibits, with certain exceptions, the exportation, melting or treatment of one-cent and 5-cent coins. Some of the exceptions allow for small amounts of these coins to be exported as pocket change, and for recreational and numismatic purposes. Other exceptions include the treatment of minor quantities of these coins for educational, amusement, novelty, jewelry and similar purposes. However, the public should review the regulation for precise terms and limitations of the exceptions.

The new regulation authorizes a fine of not more than $10,000, or imprisonment of not more than five years, or both, against a person who knowingly violates the regulation. In addition, by law, any coins exported, melted, or treated in violation of the regulation shall be forfeited to the United States Government.

The new rule, and public comments received on the interim rule, appear on the United States Mint website at www.usmint.gov
2919  Bitcoin / Bitcoin Technical Support / Re: Bitcoin has stopped downloading blocks? on: October 01, 2011, 02:15:50 PM
I downloaded the blockchain from the above bitcoinchart site after backing up my wallet.dat and then ran bitcoin again. It started updating as soon as I started it and now I'm at the correct number. So that works, thanks for the advice! When should I expect my bitcoins to show up in my wallet? I sent them a few days ago but it never showed up because the blockchain was out of date (I presume). Now they should show up right?

They should show as soon as you have the block they appear in downloaded. Check the site below with your address to see if they were sent to you or the address you sent from or one of the various other methods used there to track the coins.

http://blockexplorer.com/

I found it on there and it's correct but it still hasn't appeared in my wallet. Is there any way to fix this?

If you have sent Bitcoins to your wallet address (and it really is your address, check in your bitcoin address book that it is there and correct), and Bitcoin has updated to the most recent block, then I would suggest closing and restarting Bitcoin with the -rescan command line option, which will rescan the blockchain for any missing transactions that should show in your wallet.

Block downloading will go much faster if you configure port forwarding in your router or internet gateway device to forward tcp port 8333 to your Bitcoin computer - instead of eight connections, you will have dozens.
2920  Other / Beginners & Help / Re: hot 5870 on: October 01, 2011, 01:48:13 PM
No serious miner uses water cooling. You would have to invest money in the water cooling system and gpu blocks, for no difference in the hashrate, simply increasing the investment cost and things that can break, and prolonging the time before you break even on your investment.
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