Still waiting for a midnight or later tourny for us west coasters....  |
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HEAT.
Seriously, it'll get hot in there.
Oh, and you won't be able to mine for any decent amount of coin on a GPU for very much longer. As soon as ASIC miners are released, the difficulty will jump 10x or more, causing your earnings to drop by 90%+. So, it'll be free electricity, but it'll still take years to pay it back, instead of months.
Regardless, you'll still make SOMETHING on it, and that's better than making nothing. So I'd still go for it. Just don't expect to completely cover the cost of the whole system.
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You can plea all you want, but I don't think it'll change things. This is about as free and unrestricted of a forum as you'll find, which is why it is what it is - a cesspool. A while back, I attempted to start up a competitor forum that would actually ban people if they weren't sufficiently respectful, among other rules, but was unable to draw a sustainable crowd.
So, I await the next true rival to the forum, that I may move on to someplace less... awful than this.
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I will sell my 30 BTC bet for 55 BTC. |
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I am optimistic that we'll at least see some test units in the wild by then.
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Good catch - it does indeed sound like a reference to MtGox's debacle.
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Will be interesting to see how this all turns out... |
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I think it would require having $1M first.
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etotheipi, I think you're trying to put the cart before the horse. Yes, there are plenty potential use-cases for it, but very few of those use-cases are wanted/needed/used by anyone right now. I don't hear any merchants clamoring to have customers sign their physical address information with their payment address - for the merchants, it is plenty good enough to just have the user fill out their address information into a normal HTML form at the time of purchase (and really, why wouldn't that be good enough?).
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Since I am the one who claimed that Luke was the only proponent of this possibility, let me try to explain.
First of all, signing and verifying of messages is supported by the upcoming client version no matter what. The question is whether it must be a full tab, like send/receive, or an feature only reachable from the menu.
To me, it is obvious that this is a specific, quite separate feature of the client, unrelated to its core functionality. Making it available as prominent as sending/receiving coins is only confusing. I've seen people assume that it was necessary for confirming transactions, so my opinion is that we should make it as clear as possible that it is unrelated. A "tools" menu item would be best suited for this, but that's a separate issue.
Luke introduced the ability to compile with "first class messaging" (=sign/verify in a tab) some time ago, and at the time I considered having it as an optional non-default feature wouldn't hurt anyone. However, as people now have to spend extra work to keep it around and keep it functional, it becomes a burden. Therefore, I supported the opinion that the ability for having it as a full-fledged tab should be removed.
I second this motion. I can see it being useful in a small set of specific circumstances, but for no reason should it be prominently displayed in its own tab in the default client. I completely agree that it would only serve to confuse people who didn't know its purpose. |
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This is less about what you believe Bitcoin will be or is for, more about why you are here and what you want to use Bitcoin to achieve for yourself.
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Updated per Phinnaeus' correction of my vocabulary. |
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We're all here because we're interested in Bitcoin, but why are you REALLY here? What is your Bitcoin "vision statement"?
Mine might be constructed as the following:
"To make money in the form of Bitcoins via mining and providing services, convert some of them into USD to help pay my bills, and save the rest in case it is worth a great deal more in the future, while never compromising my own ethics or moral responsibility to those with whom I conduct business."
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If pirate pays out, it would mean there is some legitimate business you can do with Bitcoin that earns 10% a week. That's awesome, and will increase interest in Bitcoin a lot! Also, the people that get paid out are all hoarders anyway.
Compound Interest motherfucker, do you understand it? What are you even trying to say here? Compound interest is trivial. w/e, go bet in Matthew's thread or something. No, it isn't trivial, at 10% it's the difference between a doubling time of ten cycles and one of seven cycles FOR THE FIRST DOUBLING, and it will keep getting smaller with each consecutive one. Compound interest, truly, is a bitch. You're compounding the interest in both cases, it's just one is compounding daily (or constantly, will be pretty close), and the other is compounding yearly. It is important to mention the interval when discussing compounding interest. |
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Wonder if tortillas can be shipped media mail...
Hah, only if you write on them. I'd be interested in the chicken alfredo... I freaking love pasta as well, and chicken alfredo is one of my favorite dishes. How much for 5 lbs of the stuff?  |
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Bitfloor is awesome. I wish more people used it.
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I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.
CR
I'll escrow it for you, no charge. Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30). |
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Yeah that's one of them  and see when I do a search for the number in the window on my logo (1AgGV93t) my coin shows up All people should need to confirm his backing is the number in the window on Matthews bar then, right. I need no such confirmation to make a bet myself. I trust Matthew will hold up his end of the bargain if he loses. |
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Matthew avoids escrow due to not wanting to peel a Casascius logo off a gold bar.
I was under the impression that all the Casascius products are tracked.
Someone maintains a list of all addresses, all activated, all open ... I even remember seeing a list of overfunded coins.
Anyone able to find the bar Matthew is claiming as a piggy bank?
what's ya firstbits Matthew?
http://casascius.uberbills.com/ |
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