I read your post mate, I quoted the bit that I thought was silly. I think we have different ideas about what constitutes efficiency.

In most engineering scenarios, (unless you're actually trying to generate heat ) waste heat is an almost direct measure of inefficiency.

I would argue that since X11 earns me the same amount or more as scrypt or scrypt-n, while using half the power and running far cooler, it's much more efficient.

I'm sure improvements can be made to the X11 mining software to deliver more hash, but that doesn't automatically correlate to increased efficiency, which I would tie to £profit/kW. It's like overclocking your GPUs - when you do the math it's often not worth the increased power draw.

This is pure nonsense. Less effective than what? What are you practically wasting by mining DRK?

If you have a more profitable use for your hardware then go do whatever that is with it if you want.

Well put! Terminators vs toddlers...

Wish Mintpal would open up their API, but then as I said you don't know what advantages others have who've greased a few palms.

I suspect some API keys may be more equal than others, for a start.

Although I get this one, a lot of these market manipulation strategies frankly baffle me, but I just have to reassure myself that this is simply because I am sane.  

Other people have other opinions, but yes, to me BTC is worthless and has failed when a handful of individuals own the network.

My only use for BTC is to buy DRK, which IF it remains decentralised will eclipse BTC within a few years. DRK solves the privacy problem that BTC has. LTC brings nothing to the table, it's completely superfluous without a huge decentralised base, which it's in the process of losing.

Being a pathological liar, Obama should be pointing downwards! 

Yeah, would take about 600 Titans to double the LTC total hash and completely drive off everyone else, then the Titan owners would briefly rejoice and mine loads of coins, which they could try selling to each other, because nobody else will want them, while gibbering about how they have "secured the network!" the price will plummet to zero and there will be Titan owners jumping off bridges with their Titans around their necks to weigh them down when they hit the freezing water. Others will post Youtube videos of Titan vs 12ga slug , Titan vs sledgehammer, Titan vs starving honeybadger, we'll find out if Titans blend, and some lucky Titans will find their way to museums of useless technology to be preserved forever as a testament to the perils of food additives and slack parenting.

 

Probably end up the other way around.  

edit: I envision a day when Darkcoin has been elided to just: Coin. As in, THE, ubiquitous, only. Us early supporters will probably have graduated off-planet by then though, for tax purposes. 

Excellent to hear the android wallet is under way!  

Heh, a 91 BTC buy wall is what, £25k or something? Peanuts. Wait till we get a couple of inches in the mainstream papers and real money moves in.

Exchanges != market makers, and I don't care about the convenience of "market makers." Buyers and sellers make the market. If the price swings wildly then so be it. Exchanges should not be trying to control anything.



If no one is selling, no one can buy. Same thing. They might not run out, they'll just rise in price. And with enough BTC, you could absolutely buy up every DRK available on every exchange that sold it.


If you want to trade anything you need that item or the ability to pay the going rate for it. Not sure what your point is here.



Central banks and their idiot "market makers" are one of the reasons the world economy is down the shitter.

Any exchange that "needs" stockpiles of coins is fundamentally broken. Mt Gox for example.

The liquidity should come from the sellers having deposited whatever they are wanting to sell at the exchange. There is no good reason I can see for an exchange to need stock of its own.

That's like saying ebay needs their own stock of whatever people are selling on it.

You are free to benefit from your own hard work by mining with your software yourself.

Release the code.

You'll get some donations. Nobody with a brain is going to pay you up front to run unaudited mining software.

A lot of people get 2.3Mh with their 280x's anyway, and your screenshots prove nothing.

Obviously not Argentina.

Columbia.

Not the first time, because you haven't set a password yet, but if you've encrypted your wallet, it should ask you for a password subsequently, before opening up and allowing everyone and anyone to see full records of your transactions. Or copying your .dat and viewing everything you've done later.

You expect to have to enter a password to see your banking online, right? And your email, and your exchange accounts, and just about everything else, for good reason. For an "anonymous" coin, it's a baffling omission.

I've been going on about this since page 600 and you're the only person who's noticed.