Says man with blue d-bag as an avatar (literally).
Speaking of avatars: Michael Douglas? Seriously? Are you gay? |
|
|
|
I am seriously considering getting out of this game. Give some strength bros!
EDIT: I sold some of my Bitcoins but I will still hold fairly good amount of BTC for the longest time.
Name: Gordonium Date Registered: March 30, 2013, 04:51:14 PM Motto: Greed is Good Wow, you must be some cool Wall Street dude ... or some 14 year old that found out to late about the newest Ponzi scheme ...  |
|
|
|
|
As much as I love the idea of Bitcoin ... but the Wankervoss Twins are the #1 reason why I wish Bitcoin to fail.
|
|
|
|
Didn't know that, but that is certainly an interesting tidbit of information.
Butterfly Labs forums are heavily moderated by "voluntary" moderators that don't even work for BFL (Users: Lab_Rat and grnbrg). For all their censorship and denunciations they were "rewarded" by BFL: they received free ASIC miners well ahead of paying customers. |
|
|
|
BFL is spitting on this community, ...
Yep. ... I tried to be nice and I wanted to help you and you give me all sorts of shit and accusations. This is why we no longer give a shit about this forum; Everyone here is monumental assholes, no matter how accommodating one tries to be.
|
|
|
|
I genuinely don't believe this is the case. It has to be a mistake. Someone else wrote it was to do with the handbook and not the device...
It's the handbook and the device (the power plug). Because of the blade plug German customs doubts that the CE marking is genuine - and transferred the device to the regional authority for further investigation. |
|
|
|
Media attention is picking up. ...
Up? You know the difference between "up" and "down", Ashley? No? Google Trends for "Bitcoin":  |
|
|
|
[some drama queen whining deleted]
Still not sure which one is the bigger drama queen ...  |
|
|
|
|
The USA are turning more and more into a fascist country.
Edward Snowden, a guy that deserves the Peace Nobel Price, gets hounded.
Barack Obama, a sock puppet of the big puppeteer (big capitalist east coasts pigs), got the Peace Nobel price.
In which world are we living?
To all those people writing "I am ashamed to be an american right now": Move your bloody ass and do something about it!
|
|
|
|
If you ordered with Paypal BFL would probably rather refund you than have you complain to Paypal and risk cutting off the supply of new pre-orders.
As it seems BFL is not happy with Paypal ("... fuck Paypal ...").  |
|
|
|
There's one more problem with using CPU/GPU only for mining: Botnets. ...
According to your previous definition Botnets are good (" ... more combined hashing power strengthens the network and makes it less vulnerable to attacks ...") |
|
|
|
I'm trying to form hypotheses on what happens if Gox misses their deadline. Note my use of the word "deadline". In my mind, Gox painted themselves into a corner by saying "we will be back in 2 weeks" - you need to be 100% sure before you're holding people's money and you make a statement like that.
You never (never!) use the term "in 2 weeks" (unless you work for BFL of course)  https://www.youtube.com/watch?v=qLcjUmBncZ8 |
|
|
|
But under the current circumstances, when there is a vastly more efficient machine for the current algorithm, its good that these are being used.
Define: "vastly more efficient". A Bitcoin mined at difficulty 10,000,000 is not better than a Bitcoin mined at difficulty 1. Bitcoins idea was to break the monopoly of the banks. To democratize currency. To become the money of the people. Now it seems it becomes the money of the ASIC companies. Satoshi would be turning in his grave ... |
|
|
|
- 5 ASIC miners can totally destroy 5,000,000 CPU miners (is CPU mined chain safe ? .. answer: it is not).
- Is p2p infrastructure with 10,000-100,000 ASICS safer then 5,000,000 CPU ? (answer: yes)
Please, gentlemen, a little bit more outside-the-box thinking! Who says Bitcoins hashing algorithm (SHA-256) is god given - and can never be changed? Why buy additional hardware (ASICS) to get back to the original decentralization when there's a much simpler way: Change the hashing algorithm (to e.g. scrypt). Bitcoins idea was to democratize currency. At the moment we see quite the opposite. |
|
|
|
You can leave out that condescending tone of yours if you want to discuss things in a civilized manner, it only makes you look bad.
When I look at your explanation, that "condescending tone" is obviously needed in your case. To answer your question: more combined hashing power strengthens the network and makes it less vulnerable to attacks.
Let me ask you another question: Which Bitcoin network is "less vulnerable to attacks": a) or b) ? a) 5 Avalon ASIC Miners, combined hashing power: a whooping 325 Gh/s b) 5,000,000 PCs with CPU miners, combined hashing power: only 50 Gh/s It seems you failed to understand basic Bitcoin concepts. Like "difficulty" ... |
|
|
|
You seem to be pretty resilient to logic, so I make it simple for you - and ask you again: And more hashing power is actually better for the network as a whole.
Why? |
|
|
|
german government decided that no taxes have to be paid on gains of bitcoin prize rising (speculation) if the bitcoins are held for a 12 months period.
German politicians (like all politicians) are clowns and deserve a Josh-nose. They have no idea when I bought and when I sold my Bitcoins. So this "12 months period" is a joke! For the record (and the NSA (and the BKA)): Of course I mined all my Bitcoins back in 2009. All of them. |
|
|
|
No it's not a step backwards. Whether you invest in CPU, GPU or ASIC for mining doesn't really make a difference.
There are approx. 2 billion PCs -> decentralized. There are some thousand ASICs -> centralized. And more hashing power is actually better for the network as a whole.
Why? |
|
|
|
It takes time for ASICs to distribute among the population.
So it's basically a step backwards (more centralization for the next future). A Bitcoin minded at difficulty 100,000,000 is not better than one Bitcoin mined at difficulty 10 |
|
|
|
Dear idiots, google trends declining means fewer people searched for it in the immediate past. If google trends increases, it means more people searched for it in the immediate past. But you cannot predict future movement based on this lagging indicator. ...
Dear BitcoinAshley idiot, I don't want to predict the future of Google trends based on Google trends - I want to predict the future of Bitcoin based Google trends. Comprende? |
|
|
|
|
Show Posts
