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3781  Economy / Economics / Re: Bring your best economic jokes on: August 22, 2012, 10:57:13 AM

"Say you have two cows:

In capitalism your boss butchers them both for profit, live rich a while and then you all starve next year.

In communism the government takes your cows and give you half their milk.

In a democracy the two other guys vote for you doing all the work and getting 1/4 of the milk.

In a theocracy you sacrifice your cows to your god and starve to death while praying all day.

In Africa you neglect your two cows to death and get three new and better ones in foreign aid.

In a bureaucracy the government milks one of them, shoots the other and then pours the milk on the ground."

Social:
You have two cows, your neighbor none.  You feel bad because you work successfully. You elect people that Tax your cows heavily. That forces you to sell one of your cows. The people you voted for take the money from your taxes buy your cow and give it to you neighbor.

Liberal:
You have two cows, you neighbor none. ...So what?

US-American:
You sell one cow and lease it back. You form a cooperation. Now you force both cows to give the triple amount of milk. One of the cows dies due to you treatment. You hold a press conference announcing that you have halved you costs. You stocks skyrocket.

Japanese:
You have two cows. You create a manga called cowminton and publish it wordwide. You make millions.

German:
You two cows show up on their own on exactly the same time each day, giving exactly the same amount of milk in perfect quality. Sadly your cows want 13 Weeks of holiday a year.

Italian:
You are pretty sure you have two cows, but you can’t find them. While searching for them you see a beautiful woman. Life is great.

French:
You have two cows. You strike because you want to have three cows.

Swiss:
You have 5000 cows. None is yours but you get paid from their owners for keeping them.
3782  Economy / Lending / Re: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending" on: August 22, 2012, 05:16:09 AM
I think the GLBSE pirate collapse is beginning.  Bonds are selling at 30-50% of face value.

https://glbse.com/asset/view/TYGRR.BOND-P
One is already down to 15%:

https://glbse.com/asset/view/BIF.BTCST.PPT

This is hilarious.

BTW. this threat is really fun to watch.
3783  Economy / Long-term offers / Re: Bitcoin Savings & Trust - Debt Outstanding List (4 reported). on: August 21, 2012, 07:58:56 PM
You forgot BIF.BTCST.PPT

https://glbse.com/asset/view/BIF.BTCST.PPT

I have no Idea how many shares there are.
3784  Other / Politics & Society / Re: Fascism as an ideology. on: August 20, 2012, 07:01:52 PM
No, they shouldnt. Because this wouldn't be only choosing their own freedom, but also cutting in the rights of other people who live in this country (all minoritys).

Personal freedom end when ist cuts into the personal freedom of others.
3785  Economy / Lending / Re: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending" on: August 18, 2012, 12:00:06 AM
Lets just wait and see what happens and see if Pirate pays.

I'm more curious to see what will now happen to all the lending operations that had "nothing to do with pirate".
3786  Other / Beginners & Help / Re: I am developing this: http://www.pyramining.com/ on: August 17, 2012, 02:04:30 PM
Hi guys.

I know, this isnt the right thread, but i cant post in the other pyramining-thread (dont know why). the situation is, that i have a few acounts in a tree-order and one toplevel-account is already finished, but the childs are not. and what i dont understand is, that in my oppinon the finished account is not mentioned to get any rewards. and it gets no rewards. but the childds still pay rewards to that account (where does the money go?). is it a display-bug, did i understand something wrong or is it a bug in code?

thank you for your help.


Hi, I looked into your reveals. There are still unfinished accounts over the 100% account. Thats where your BTC are going. See: http://www.pyramining.com/faq#howdoesitwork

Kind Regards
3787  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: August 15, 2012, 06:14:20 PM
Yes, variance is a bi***
3788  Local / Biete / Re: SAMMELBESTELLUNG BFL UPDATE 2012-07-04 on: August 09, 2012, 06:38:22 PM
Ich wäre wie gesagt bei beiden Möglichkeiten dabei.

Würde mir auch zumindest ein paar von den ganz kleinen oder ein paar FPGAs selbst kaufen, habe aber einfach nicht die Möglichkeit sie aufzustellen. (Die diskusion mit meiner Freundin wenn ich ihr erkläre, dass so ein Teil jetzt bei uns im Wohnzimmer steht und 24 Stunden am Tag läuft will ich mir garnicht erst vorstellen.) Bisher mined mein PC halt wenn er eh an ist.

Einfach mal abwarten, im Moment sind einfach noch sehr viele Leute Skeptisch (zu Recht) was BFL anget. Wenn BFL tatsächlich liefert, werden sich bestimmt noch genug Leute finden.
3789  Economy / Speculation / Re: What do you think will happen in the next 4 Months??!?? on: August 08, 2012, 08:36:59 PM
I don't understand why I read everwhere that the userbase grows. Where do you get it from?

If I look at http://bitcoinstatus.rowit.co.uk/ it looks like the user base is still declining. Or do I read this wrong?

3790  Local / Biete / Re: SAMMELBESTELLUNG BFL UPDATE 2012-07-04 on: August 08, 2012, 04:59:24 PM
ich würde vorschlagen, ein mybitcointrade.com project aufzusetzen.

Die Idee fände ich super, hab ich ja eine Seite vorher schon gepostet. Jeder kauft anteile and dem Single und dann wird direkt in die Dividentenwallet gemined.
3791  Bitcoin / Bitcoin Discussion / Re: What could cause Bitcoin to fail? on: August 08, 2012, 06:51:01 AM
If you look at this:

https://blockchain.info/nodes-globe?series=topBlockRelay  --> nodes which fund the most blocks in the past 24 Hours

you see (with a very nice graphic :-) ) that there only about 6 servers  that need to be shut down to nearly "kill" bitcoin.

So as long solo mining or services lice p2pool are not getting a significant amount of hashpower, Bitcoin is very vulnerable.
3792  Bitcoin / Bitcoin Discussion / Re: How world wide is bitcoin on: August 07, 2012, 06:30:25 PM
Makes sense.  Density follows internet usage/density.    The strange exception is Japan and the rest of eastern Asia.  Those countries generally have above average internet usage/access but Bitcoin popularity lags.

It's my impression Japan and many other Asian countries practically have their own internet, for all that the users in the west and the east connect. Strong language barriers, for one.

Japans economy has had deflanonary currency in the last couple of yeas, resulting in beeing one of the contrys most in dept in the world (if not THE country most in dept).

I can understand why a deflationary currency doesn't seem very attractive there.
3793  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: August 07, 2012, 06:12:07 AM
Will you then see multible deposits in one account mining in paralel, as if you would have multible accounts, or will you still just see your total deposits?

So for Example:

If I deposit 1 BTC 5 Times, would I see something like:

1. Reward Completion 15%
2. Reward Completion 12%
3. Reward Completion 7%
4. Reward Completion 3%
5. Reward Completion 0%

?

You will see the completion % of every deposit, like in the example, and a resume with total deposit. This is valid for all deposits sent after the update. Deposits made before the update will be seen as one.

Thanks. I think this update is fair. Maybe then we will finally see some accounts actually get completed.

This maked pyramining better for the "late adopters" which have'nt accounts they can build up.
3794  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: August 06, 2012, 05:38:52 PM
What are the cons and pros of this change for users?
Particularly, how will this affect the 1BTC payout? And, just out of curiosity  what is the reason for this change?

It doesn't affect the 1BTC payout, because as soon as the balance (the sum of the credit of all deposit) reaches at least 1BTC, it gets paid back.

Cons: almost nothing.
Pros: it's more fair for everyone.

Reason? If someone has a big account (example 1000 btc), and it gets completed, actually if it sends other 10 BTC, he will obtain results at the speed of 1010 BTC (now it doesn't matter, but as soon as hardware will start to fail, he would subtract hashing powers from new deposits). After the change, he will gets rewards at the 10BTC speed, so every deposit will have the ~10 months return.

The new feature will just "expire" old deposits when calculating the allocated MH/s per account.

However hardware will be kept at work for Pyramining, and the result is that there will be a better MH/s per BTC for everyone.

Will you then see multible deposits in one account mining in paralel, as if you would have multible accounts, or will you still just see your total deposits?

So for Example:

If I deposit 1 BTC 5 Times, would I see something like:

1. Reward Completion 15%
2. Reward Completion 12%
3. Reward Completion 7%
4. Reward Completion 3%
5. Reward Completion 0%

?
3795  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: August 02, 2012, 05:04:05 AM
Interesting Idea, but considering the huge amount you need, some evidence that you are really capable of this would be fine.

Concept drawings of the hardware structure (without actual circut shemes, to not give away you knowlege), would be sufficent for me to invest in this.
3796  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: July 22, 2012, 08:28:19 PM
Just awesome pyramining.

Its really great to see that I have put my BTC in good hands  Cheesy

Happy Pyramining to everyone.
3797  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: July 19, 2012, 05:43:02 PM
Hy zyk,

I'm not a 100% shure that I'm gettig what you are trying to say.

But if I look at my payouts, they stay roughly the same (slightly decreasing though).

I think payramining mines into a wallet and when this wallet reaches a certain ammount it is distributed to all accounts, wich means you reward will go down with every new account opend, but the time from one reward to the next will decrease with new hardware added.

Kind Regards
3798  Local / Mining (Deutsch) / Re: Mining-Rig, lohnt sich das noch? on: July 15, 2012, 08:14:57 PM
Meiner Meinung nach lohnt sich das mittlerweile nicht mehr.

Wenn du die gesamte Hardware schon hast, machts du evtl. ein kleines Plus.

Wenn du erst noch eine Graphikkarte kaufen musst lohnt sich das auf keinen Fall.

Dazu kommt noch dass GPUs derzeit von den wesentlich effizienteren FPGAS abgelöst werden.

Wenn, dann investiere lieber in so eins (ca 1 / 10 Stromverbrauch).

Allerdings werden diese wohl bald von ASICs abgelösst.

Butterfly laps bietet bereits ein 2500 M/Hash ASIC für 150 Dollar an , zum Verleich AMD 5870 = 393 M/Hash, allerdings nur vorbestellung, geben tuts das noch nicht. Siehe dazu hier: http://www.butterflylabs.com (ich lasse da aber auch derzeit die Finger von, zumindest bis es ein paar leute gibt die ihr ASIC bekommen haben.)

Momentan ist das ganze also ziemlich unsicher.

Ich persönlich habe mir mit BTC ein paar Anteile an Mining bonds gekauft, die mir jede Woche einen Anteil an den geminten Coints zahlen. Das kannst du z.B. hier: https://glbse.com/ .

Dann gibt es da noch pyramining, wo du per BTC Hashing power mitest und 5% Provit raus bekommst, bzw. 10 % wenn du dich über einen Reveal anmeldest (sie dazu meine Signatur). Bekommst aber auch nur sehr geringe Auszahlungen.

Siehst also, dass ist schon ein recht ordendlicher Markt.

Was die einzelen Graphikkarten und FPGAs bringen die es zu kaufen gibt kannst du hier sehen:

https://en.bitcoin.it/wiki/Mining_hardware_comparison

Wichtig is auch, wenn du für Strom zahlen musst, der Mhash/J wert, also Leistung zu Stromverbrauch.

Schau dir die Sachen am besten in Ruhe an und überstürtze nichts.

Hoffe ich hab dir weiter geholfen und dich nicht kommplett verwirrt  Roll Eyes.
3799  Economy / Securities / Re: [GLBSE] Not afraid of risk? Get up to 1% daily! - OBSI.HRPT on: July 14, 2012, 06:32:14 PM
I don't really see what the problem is. Its stated as high risk bond.

Exept for the mining bonds there is not a single investment bond on GLBSE that doesn't seem to create money out of thin air (or I don't really get what they are doing). This one hasat least been paying so far.

For me all this bonds are like gambling, never risk more than you can afford to loose.
3800  Economy / Service Discussion / Re: http://www.pyramining.com/ - Mining Company on: July 14, 2012, 02:44:52 PM
Its already back. I hoped this was due to new equipment beeing installed.

But no, still the same hashing power.
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