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3601  Other / Beginners & Help / Re: Do you think that there is something funny about BFL's new ASIC on: August 31, 2012, 10:54:38 PM
I don't see anything fishy, just a business that doesn't do customer-service very well.  You could have said the same things about their current-gen stuff before it was released too.
3602  Other / Beginners & Help / Re: Anyone else told to expect their order AFTER october? on: August 31, 2012, 10:50:16 PM
What order is that?
3603  Economy / Gambling / Re: sucked out on: August 31, 2012, 10:49:40 PM
What does "sucked out" mean?

When someone has a much worse hand than you but calls your big bet anyway when they really should have folded, and then proceeds to get just the card(s) he needs to beat you, he has "sucked out" on you.

Say I have 2d 7d, and you have 5c 5s.  The flop comes 2s Kd 5h.  I have a pair of 2s, you have trip 5s.  I bet, you raise, I put you all-in and you call.  Then we see Qd 8d on the turn and river.  I've sucked out on you by catching a runner runner flush.

The reason you see a lot of suck outs on seals, especially on the freerolls, is that people are playing any two cards a lot of the time, and not caring whether they lose because there's another freeroll in less than an hour.  Play for play money on any poker site and you'll see the same thing over and over.
Ah, thanks for the explanation.  I kind of gathered that general idea from reading through other comments on this thread, but that clears it up 100% for me.  And yes, the freerolls are particularly bad for this.  I usually either do the same (bet all-in almost every hand from the start), or stay out of those pots until it's just the more reasonable people left in the game.
3604  Bitcoin / Project Development / Re: Wealth of Bitcoin Information/Data (Network, Market, Addresses) on: August 31, 2012, 10:44:44 PM
My suggestions:
- Time between blocks for the current difficulty level.
- The Current and Predictions should be right next to each other.  For instance, you should show "Days to solve @ 1GH/s" and "New days to solve @ 1GH/s" right above/below each other for easy comparability.
- Next difficulty should be nearby current difficulty, or nearby the "Days to next retarget" field.
- If you can, pull in the latest MtGox number, and show some interesting financial calculations as well ($x.xx made per day with 1GH/s, $xx.xx made per month with 1GH/s, etc).
3605  Bitcoin / Project Development / Re: [Idea] Investment Rating Service on: August 31, 2012, 10:38:07 PM
In my opinion, an investment rating service wouldn't be all that useful for this community.  Rating services are typically targeted at the masses to give them a "quick and dirty" of potential investments.  Some people here might be interested in that, but what would be much more useful is...

A proper auditing service.  A service that verifies the names, social security numbers, tax identification numbers, addresses, phone numbers, domain whois, IP addresses, relatives, etc of anyone who wishes to conduct business with the auditing service's stamp of approval.  A service that verifies that the business actually holds the number of Bitcoins it claims it holds.  A service that verifies that the business's accounting practices are at least in as much accordance with GAAP as is possible with Bitcoin.  A service that ensures the owner isn't just going to up-and-run without being extremely traceable.  A service that will, literally, fly to meet business people face to face for these auditing services, and make notes of EVERYTHING noticed.

Now THAT would be a service worth paying for, both on a subscription basis from the investor point of view, and on a fee basis from the business point of view of anyone who wishes to conduct a verifiably legitimate Bitcoin business.

Is it worth setting up a new auditing service focused solely on Bitcoin-based businesses, instead of using existing auditing resources?  Perhaps, as existing auditing services likely wouldn't know the first thing about how to check for proper Bitcoin accountability.  But that's not to say they can't learn, and maybe one of them will see the potential market, and make the effort to do so.

ANYWAY, go for it.  A rating service certainly wouldn't be a bad thing.
3606  Bitcoin / Project Development / Re: [ANN] bitaddress.org printing of existing backups on: August 31, 2012, 10:21:56 PM
Can you point it to a wallet.dat file and have it print all the private keys from it?
3607  Economy / Games and rounds / Re: Schoolyard Gambling for the Internet Age - Introducing FLINCH on: August 31, 2012, 10:18:28 PM
This game seems like an excellent way to waste small amounts of money for no reason.
+1, I'll play.  Cheesy
3608  Other / Beginners & Help / Re: (PS3 possibility?) Clustering on: August 31, 2012, 10:15:45 PM
The Playstation 3 is an expensive piece of hardware to replace should it overheat and/or fail. Also keep in mind that the original fat PS3 gets very hot/warm just running idle. It wasn't intended to be used at 100% load for that purpose for long periods and isn't very efficient at cooling.

Which PS3 version do you have (original fat or newer slim)?

all of them. i have 8 or 9 now, and I realize there are threads about it, but they are about a year old. A lot can change in a year..
Sell them.  You'll make more than you would in a year of Bitcoin mining.
3609  Economy / Service Announcements / Re: Welcome Rachel - BitInstant's newest team member on: August 31, 2012, 10:15:03 PM
I think Rachel will fit in quite well here, actually.  Wink
3610  Economy / Goods / Re: Gauging interest. Group buy of 500 oz of bullion silver. on: August 31, 2012, 09:56:21 PM
Can you think of any product in the world which is sold at material cost?
Bitcoins.  Wink

Thanks for the explanation - that makes a lot more sense to me now.  Purity is always stamped on the metal, but you're right - it would be difficult to buy second-hand and still verify the legitimacy of the silver/purity and not ever get robbed.  A premium is paid for the minted silver, then, to mitigate the risks associated with buying junk silver.
3611  Economy / Goods / Re: Gauging interest. Group buy of 500 oz of bullion silver. on: August 31, 2012, 08:53:28 PM
Ok, easier to unload makes sense.  They are minted, so people recognize them as being legitimately silver and legitimately 1 oz.

Is there no way to buy silver @ spot price then?  At least in consumer-level quantities?

No.  The seller would be selling you something at material cost.  How would they stay in business?

Even in massive quantities (say 10 kg bars) they are going to be sold above spot.  Spot = the silver in the form.  Someone had to refine the silver, physically make the bar, measure & weigh it, stake their rep on it, take the price risk (holding volatile silver until a buyer comes along).  

Nobody is going to do all that and then collect a premium of $0.00 over their material cost.  Would you?
But why does no one just sell "silver in the form"?  I guess that is my question...  why does it need to be refined, made into a bar, measured and weighed, and stake their rep on it?  What about old silver jewelry, or silver silverware, etc?  People still know it is silver and refined to whatever extent is stamped on the items.  It can be weighed easily enough.  Would that sort of stuff sell at spot value on the second-hand market, potentially?  If so, why buy coins when you can buy old silverware and put 100% of your funds into straight silver, instead of 86% into silver and 14% into the "minting" premium?  Do you expect the above-spot premium to appreciate as silver appreciates?  In other words, if silver hops to $62/oz from $31/oz, would the total value of the coin then be $72 (indicating a doubling of the $5 above-spot premium)?  Or would it remain $67 (indicating a stay of value of the above-spot premium)?  Or would it be $62 (indicating the above-spot premium no longer holds any value)?

I apologize for the threadjack.  I've always been interested in investing in silver/gold, but the whole "paying above spot price" thing has always bothered me, so I am taking this opportunity to learn more about it.
3612  Economy / Goods / Re: Gauging interest. Group buy of 500 oz of bullion silver. on: August 31, 2012, 08:38:21 PM
Can someone tell me why people buy silver coins as investment instead of just silver?  Wouldn't it be cheaper/better to buy "bulk" silver if you want to follow the silver market?  Or do the coins tend to hold their over-spot value?

Generally 1oz silver coins are more liquid.  It is far easier to unload a recognized coin, obviously you pay for that in the minting costs.

Not sure what you mean by "just silver".  As in a 3kg chunk of low purity ore?  Even say silver shot (which is much harder to sell/trade) is going to sell for more than spot.  If you mean larger bullion bars that is another option but you won't find those for spot either and sometimes they aren't any better of a deal (in terms of premium over spot).  In trying to get a group buy 10oz bars for example are going to be a lot less popular.   Nothing really has more universal appeal than the 1oz high purity coin.
Ok, easier to unload makes sense.  They are minted, so people recognize them as being legitimately silver and legitimately 1 oz.

Is there no way to buy silver @ spot price then?  At least in consumer-level quantities?
3613  Economy / Goods / Re: Gauging interest. Group buy of 500 oz of bullion silver. on: August 31, 2012, 08:06:54 PM
Can someone tell me why people buy silver coins as investment instead of just silver?  Wouldn't it be cheaper/better to buy "bulk" silver if you want to follow the silver market?  Or do the coins tend to hold their over-spot value?
3614  Other / Beginners & Help / Re: (PS3 possibility?) Clustering on: August 31, 2012, 07:47:52 PM
I have accumulated a number of PlayStation 3s, most of which with dead lasers, other than that nothing wrong. Now, with that said, I know you can only get ~80Mh/s out of one, but what if you were to cluster? Have them all operate as one computer? either GPU-wise or CPU-wise? would it be worth the power drawl?
It's just math.

Say your electricity costs $0.10/kwh.  A PS3 draws 120w when mining.  It'll use 87 kwh/month in electricity, for a total expense of $8.70/month.  You could currently mine about 1 BTC/month with 80 mh/s, for a total revenue of $11.00/month.  So, you make a whopping $2.30/month per PS3 for your trouble.

Basically, no, it's not worth it.  Not in my opinion at least.  Also factor in that difficulty is continuing to increase, so it'll soon become unprofitable entirely.

If you have really cheap electricity, then it might be worth it for a while yet.
3615  Other / Off-topic / Re: BFL Preorders -- What did you get? | Who has the lowest order number? on: August 31, 2012, 07:32:08 PM
Just ordered from BFL.  Order number is 6917.  I am feeling a little uneasy because I emailed them to generate a invoice so I can pay them, and guess who I'm talking too...



Pegi....

fuck  Embarrassed

http://www.youtube.com/watch?v=N89SUvB3xe0
Hahahaha, that is too awesome.
3616  Economy / Gambling / Re: where is my money on: August 31, 2012, 07:30:46 PM
arrived as soon as i pressed send.....of course
That usually helps.   Cheesy
3617  Economy / Computer hardware / Re: WTS 6/25 Jalapeno order for BTC on: August 31, 2012, 06:57:03 PM
15 BTC.
3618  Bitcoin / Project Development / Re: Combating cheating by analyzing browser fingerprints on: August 31, 2012, 06:21:13 PM
Much of my argument is academic anyway.  As someone pointed out earlier as you add more and more security checks managing them becomes more and more unwieldy.

The sensible approach is to cull the universe of checks down to a small managable set that gets most of the problems.  This browser fingerprint approach might very well be useful or it may not.  You may also find it's not worth the hassle and stick with the 5 other things that work reasonably well.
It's not my site, but yes, I agree there is a balance between security measures and reasonability of use/maintenance.  Certainly, that is up to each site owner to decide.
3619  Bitcoin / Project Development / Re: Combating cheating by analyzing browser fingerprints on: August 31, 2012, 06:01:04 PM
Are people really going to go through that much effort to get an extra 0.001 BTC/day?  Maybe a few, but most won't.  As giantdragon says, each step of difficulty means fewer people will be doing it.  It won't eliminate cheating completely, from those who are very persistent about it, but it helps deter some cheaters.

It's like saying, why bother building a fence around your property?  People can still hop the fence and get in.  Why bother putting barbed wire on top of a fence?  People can still put heavy clothes on top of it to get over it.  Or they can cut through the chain link fence.  Therefore, we shouldn't build fences at all.

That's fine until the Russian mob sends the commandos over to cut through your cyber chain link fence and get at your goodies.
No one said this would prevent all cases of cheating, but it does help prevent some of them.

@ gbl08ma - I agree.  Certainly, it is a choice both for the faucet website to implement anti-cheat measures, and a choice for the user to decide whether they wish to comply with that level of anti-cheat measures.  Some users may indeed opt to not use some faucet websites based on the difficulty in acquiring the handout.
3620  Economy / Gambling / Re: sucked out on: August 31, 2012, 04:59:46 PM
Yes people are probably gambling instead of playing poker.  You shouldn't complain and just tighten up and you'll make more money.  Just play by pot odds and only go all-in with the nuts.  I used to play lot's of penny-poker on PokerStars and made lots.
Exactly - it's a different demographic of players.  Don't complain that you aren't playing with pro's - just learn to adapt to the strategies that people are using on it, and make money accordingly.  Wink
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