I don't think that the act of running a pass-through, by itself, is scamming, as long as the pass-through details and risks were disclosed appropriately. I disagree. Running a PPT was paying Pirate to make you and your investors the recipients of obviously fraudulent transfers of other people's money. If that's not scamming, what is? But as I've said elsewhere, I'm willing to give PPT operators who aren't on record as saying they knew or suspected it was a Ponzi a free pass this one time. But in the future, I will be holding people to a higher standard. But if the investors knew going in that a pirate default meant a pass through default, how is the pass through operation scamming?
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I dont care how its made, who by, or what of. I want to know how fast it will hash, what its power requirements will be and when I can expect to see it. At present the answers I have are:
Jalepeno- hash at 3.5 GHash/s Power- Unknown- USB but will have a plug?? Delivery date- Unkown- possibly early November- looking good?
Josh (and others at BFL) have stated multiple times that the Jalepeno will be powered by USB. I don't know where people keep getting this idea of it having a power plug. It might be multiple USB ports, but it will NOT have an external power source other than USB. With that said, the maximum wattage a USB port can provide is about 2.5 watts. So there's your expected power draw maximum (or maybe 5 watts if you believe it will utilize 2 USB ports). Delivery date begins late October, and Josh recently stated that he aims to have all of the current preorders shipped by Christmas.
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Suppose I better report myself as well... He'll pay out if he loses. I have the utmost confidence of that.
Though I did turn it around towards the end... This pretty much plainly says Matthew has no intention of paying out. In the event that you do not pay up Sunday, I would refuse to fund an organization that is directly involved with you. If you do pay out the $650K+ in bets, I will apologize for misjudging your character, and I"ll be heading to B&N to pick up my first copy of Bitcoin Magazine.
I would refuse to fund an organization that is directly involved with you.
I'm not sure if there are any bitcoin businesses not directly involved with me. Guess you'll be leaving bitcoin then. I am in the same boat as you Erik... very disappointing.
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By Christmas I hope to have all current pre-orders shipped, not just the first batch!
Very valuable information, even if it is just a goal. Thanks for sharing Josh!
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The Drifter 4000 guarantee starts in less than 2 hours. This is that late late night game some people we're asking for. This data will be used for scheduling.
Monday night at 9pm ET is the 10BTC guarantee PLO game (leaderboard points also awarded).
And starting at 11pm ET Monday the first straight flush made at a No Limit Hold'em ring game wins a 10BTC prize, all stakes included. This prize will be won, there is no deadline.
I am glad you are doing this drifter trial! I attended the 1:00 and 2:00 AM EST tournies, and meant to be there for the 3:00 AM as well, but it just didn't work out that evening. Regardless, I would greatly appreciate seeing a new permanent tourny set up at one of those times!
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Matthew committed fraud, plain and simple. While I'm personally only disappointed that I'm not getting 400 BTC, others used this bet as their main method of hedging against Pirate or made other investment decisions based on this bet because they trusted Matthew. Matthew has demonstrated that he is unworthy of anyone's trust. I guess I was right the first time. I have no confidence in [Matthew]'s sense of morality, and I will never trade with him.
Theymos, you are a hypocrite of the highest order.Is this why you took part in pirate's ponzi scheme? Because you thought it would be fun? Did you "earn" any "interest" from it?
It was fun, and still is! I have several bets and other deals related to the final outcome, which I'm excited to see resolved (hopefully in my favor). Ponzi schemes are a much more fun way of gambling than Satoshi's Dice, that's for sure. I did win some BTC, which is rightfully mine. Pirateat40 is guilty of lying about the rules of the game, but the players are innocent. If a casino rigs a game, you wouldn't blame those players who made a profit (even if they may have guessed that the game was rigged) -- you blame the casino. I never promoted BS&T, and I posted several times that I thought it was a Ponzi. You see, your honor, I am just the landlord of the crackhouse. Yes, I fully knew what went on there, but my property served only as a "platform."
If I was only worried about morality instead of legality, that's exactly what I'd say. Nothing wrong with a crackhouse as long as there's no violence. I don't advocate doing drugs (I personally don't consume alcohol, nicotine, caffeine, or illegal drugs), but if people want to buy potentially dangerous drugs, that's their business. This argument is equivalent to whether I should: - Ban crackhouses entirely on my property. As a proponent of freedom, I would prefer not to do this. - Determine which crackhouses may add poisons to drugs and ban them or put signs in front of them. This takes extra work and expertise that I'm not willing to deal with. - Categorize the crackhouses based on how close to market levels their prices are, which may indicate the safety of the drugs sold there. Theymos is not fit to be an admin.I have no clue why you think any of this makes Theymos a hypocrite or unfit to be an admin.
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I am in the same boat as you Erik... very disappointing.
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Yeah, I can do tomahawks just fine. It might help to practice with a full-size frisbee first - they tend to do it easier. You definitely do have to release it nearly "flat" to the ground though, vs perpendicular to it, or you're right, it'll just turn into a roller. Start the throw with the disc up and down, and end the throw with the disc flat, upside down. If that makes sense...
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Oh heck yes, I am all over disc golfing. I always do my distance shots forehand with an Eagle. All the pro's do it backhand, but I've never made great distance that way.
Getting a new course in Eugene soon, I am excited for it!
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Doesn't matter - I can't play there anyway.
Oh, forgot you're from the USofA Indeed. Your sig is annoyingly bright by the way.
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I do the same (as Littleshop mentioned), though I'll probably have to skip this generation, as my contract renewal won't be for another year. But I always sell my old iPhone, buy the latest one, and it about evens out. Sometimes I have to add $25 or so. I never buy a phone without the contract renewal discount, and it baffles me that people will pay $700-$800 for a phone instead of waiting until their contract is up and taking a 75% discount on that number.
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I usually either do the same (bet all-in almost every hand from the start)
Don't do that on Strike Sapphire. I was told I wasn't welcome there because they didn't like me playing 100% pre-flop all-ins on their hourly free-rolls. It made other players nervous it seemed. Doesn't matter - I can't play there anyway.
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Fixed, allowing larger pictures. Thanks!
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This pretty much plainly says Matthew has no intention of paying out. In the event that you do not pay up Sunday, I would refuse to fund an organization that is directly involved with you. If you do pay out the $650K+ in bets, I will apologize for misjudging your character, and I"ll be heading to B&N to pick up my first copy of Bitcoin Magazine.
I would refuse to fund an organization that is directly involved with you.
I'm not sure if there are any bitcoin businesses not directly involved with me. Guess you'll be leaving bitcoin then.
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Well, ... all the blocks solved by your island would be orphaned once exposed to the main net because the current capacity of 20 Thashs/s has way more blocks solved than the island fork. But the client wouldn't care, it would see the reorg and notice the transactions were back to being unconfirmed and would broadcast them again. Presuming no double spending occurred then the transactions would be relayed and then included in blocks. So rejoining is not a problem, as long as there were no dishonest who spent on the island and also spent those same coins on the main net as well.
The graceful handling for reorg is a good point I hadn't thought of, but isn't there still a problem with newly-generated coins contaminating many of the transactions? If some of the coins in a transaction don't "exist" on the mainline chain (or at least not in the same coinbase from the island), they can't be spent on it. (assuming the island can't make a longer chain than the Internet's chain.) Then the desert islanders simply don't create coins - i.e., they don't mine. If they did mine and generated coins, they'd also have the problem of any transactions in the blocks they mined being reversed once the main blockchain overwrote it. So, mining would be pointless and only add confusion in such a situation.
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thanks for kind answers I dont use encrypted file system my client shows 8 connections(is that too low?)
The bottleneck is in verifying all of the transactions. The earlier blocks had 0 transactions, hence the quick verification - there was nothing to verify! Many newer blocks have hundreds of transactions, which means your hard drive is crunching finding some (or all?) of the previous history for those transactions to verify that they are legitimate. Be patient - it'll probably take 2-3 days to fully catch up, unfortunately. There isn't really an easy way around this, besides using a "lite" client.
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Color me interested. If it works better than Tide, then I know my wife would like it. So, what's the cost per load at 2 tbsp per load?
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