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41  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 20, 2014, 01:34:11 AM
Silence + btc price =   Cry


Nothing changes in the Bitcoin world does it....  Undecided

Only the difficulty... Smiley

Not much change there. It just goes up  Cheesy
42  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 19, 2014, 04:45:38 PM
And with the $500 exchange rate.

If you forecast a permanently sliding exchange rate, what are you doing holding btc?
43  Economy / Services / Re: EARN BITCOIN WITH YOUR SIGNATURE ,UP TO 0.1BTC A MONTH, ONLY 30 SLOTS LEFT on: September 19, 2014, 02:57:12 AM
There, joining now.

Posts: 120
Bitcoin address: 1MkYZvGZc9QP6pfu4aBL24F5WjDi7Ffgdc
You are in.

It's been a month.

Posts: 173
Bitcoin address: 1MkYZvGZc9QP6pfu4aBL24F5WjDi7Ffgdc
44  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2014, 04:17:51 PM
I should know. I paid 4 BTC for AM shares a year or so ago .....

Didn't you lose all your AM shares when your havelock account got hacked, or did I get people mixed up?
45  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: September 16, 2014, 12:43:34 PM
For the gambler provably fair only means you have a tool to verify your bets. If they were skipping nonces, changing server seeds, etc you would still be cheated. Only if you check all your bets, you can find out that you were (or not) cheated.

For the investor there is no way at all to verify anything. In theory it is very easy for the owner to fake a winning whale with the server seeds (or just small winners .. every day.) I actually started a discussion about that https://bitcointalk.org/index.php?topic=774458 "Provably fair for investors?", but the only solutions so far are not really provably fair, just slightly less risk.

Thanks, this is an interesting, and I think, more pressing problem.

Attempts to cheat the gamblers are always detectable, whereas attempts to cheat the investors are not. If whoever inserted the dicebitco.in skipping code had simply stolen the server seed and cheated more subtly, we'd be no wiser today and simply wondering about the string of bad luck.
46  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: September 15, 2014, 12:58:53 PM
So after the Dicebitcoin fiasco, it's time to post this again:

Exinvestors, have you found any other good investment in bitcoins?

It's really sad that the government has stopped such a brilliant idea.

Wow, I just read about the fiasco.

So, with these "provably fair" sites, the gambler is able to verify that his past games were not rigged. But investors cannot tell whether arbitrary whales' winnings or losses were rigged, right?
47  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Litecoin Prosper? on: September 15, 2014, 12:33:47 PM
Litecoin's original niche doesn't exist any longer. I don't see a future where Litecoin would prosper regardless of whether Bitcoin does well.
48  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 15, 2014, 12:13:28 PM
if friedcat would have free power thoose 3ph

Friedcat did say that he had gained access to cheap electricity, but free is pushing it.

How cheap does industrial electricity get in China anyway?
49  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 15, 2014, 12:08:47 PM
@Luffy27, great first post!

If the payouts proceed automatically every hour as long as there is sufficient balance, 10 days should be a sufficiently long time to have a decent rough estimate.  Yet, I'd trust that btcguild has a pretty good idea of each user's hash power, and their fastest user is still 566620 at 2.4PH.

I suppose the payout address could be the same for multiple users. But in that case, why not use one single payout address, instead of splitting into 2 (or more)?

50  Economy / Services / Re: DDoS Protection for Bitcoins on: September 14, 2014, 02:59:19 PM
Doesn't cloudflare have a free tier that could handle all the dos examples you mentioned (except maybe for POST)?
51  Economy / Digital goods / Re: Selling Bitcoin public address and privatekey pairs on: September 14, 2014, 02:45:05 PM
I can't fathom what this is for.

Clearly, it's not useful to pick your preferred vanity address from this range, because OP (and other buyers) will know the private key.

Perhaps the point of this is to set 130 million watch addresses, and the moment some poor sod transfers bitcoins into it, you sweep the address? What are the chances of this happening anyway?


This is exactly the point. Chance of a collision is 1 in 2160 for a single key, slightly "better" for 130 Million keys. This is the most expensive lottery with the worst chance of winning, esp. since OP can check if there is anything spendable before selling.



But hey, it's not just "slightly better".  It's 130 million times better!  Cheesy
52  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 14, 2014, 02:40:16 PM
From the transaction on the address
https://blockchain.info/address/1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq

I'm sure the mining address 1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq is AM's mining address.


Nice speculation.

Appears to have started small automatic withdrawals in late July...  check!

Appears to be getting ~ 40 BTC daily in the past few dates.  By my calculations, that's 2.4 PH of miners - correct?

BTCguild rankings shows only 1 possible user at that speed, userid 566620. 
53  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 14, 2014, 02:05:56 PM
All of us got involved knowing that communication has always been bad with AM.

I give AM more latitude than any other company I deal with.
Almost to the point that I feel guilty when I hold real people to actual standards..  I almost feel like a hypocrite.
I would never, in a million years, put this much money at risk - in the real world - with these types of chronic communication deficiencies.
When shit does hit the fan, communication is crucial.
It can sabotage even the most talented, able company.

I don't know.  Not saying that communication is /hard/. But amongst all the priorities that AM and the small team has...

- better communications with shareholders
- chip sales & support
- tube sales, assembly, packaging & support
- deploying to a self-mining farm, and maintaining it
- gen4 design, tape-out and what not

What do you think the relative priority of "better communications with shareholders" lies? Especially if this particular task needs someone who is trustworthy and understands english.

I'm sure there are plenty of people here who would do PR for AM for free or for only a nominal fee, who have the needed skills and background.

The need to be trustworthy is not just lip service, because there is an immense opportunity for insider trading, not to mention the PR statement tends to move the market.

I do agree that the website could do with better design, proper shopping cart, etc.  Add that to another in the list of tasks/priorities for the team.
54  Economy / Lending / Re: please help me from this terrible situation(gamble) on: September 13, 2014, 08:13:16 AM
How to earn $5?  How about offering to mow your neighbor's lawn?  Better still if you actually get paid in bitcoins.
55  Economy / Digital goods / Re: Selling Bitcoin public address and privatekey pairs on: September 13, 2014, 07:38:22 AM
I can't fathom what this is for.

Clearly, it's not useful to pick your preferred vanity address from this range, because OP (and other buyers) will know the private key.

Perhaps the point of this is to set 130 million watch addresses, and the moment some poor sod transfers bitcoins into it, you sweep the address? What are the chances of this happening anyway?
56  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 12, 2014, 11:25:15 PM
All of us got involved knowing that communication has always been bad with AM.

I give AM more latitude than any other company I deal with.
Almost to the point that I feel guilty when I hold real people to actual standards..  I almost feel like a hypocrite.
I would never, in a million years, put this much money at risk - in the real world - with these types of chronic communication deficiencies.
When shit does hit the fan, communication is crucial.
It can sabotage even the most talented, able company.

I don't know.  Not saying that communication is /hard/. But amongst all the priorities that AM and the small team has...

- better communications with shareholders
- chip sales & support
- tube sales, assembly, packaging & support
- deploying to a self-mining farm, and maintaining it
- gen4 design, tape-out and what not

What do you think the relative priority of "better communications with shareholders" lies? Especially if this particular task needs someone who is trustworthy and understands english.
57  Bitcoin / Hardware wallets / Re: Would you buy a hardware wallet? on: September 12, 2014, 08:40:40 AM
Did you guys see that btchip has started to ship their smartcard-based wallet?

See https://bitcointalk.org/index.php?topic=134999.0 or https://buy.hardwarewallet.com/
58  Bitcoin / Hardware wallets / Re: [NOW AVAILABLE] btchip : a Smartcard wallet on: September 12, 2014, 08:39:32 AM
Looks great.

I noticed that you charged 20% VAT even though I'm outside of the EU. Is this correct?

Yes, it's a personal sale (unless you're a business, in which case you shouldn't order here according to the Terms & Conditions that nobody is reading anyway  Grin), so it's fine to apply the VAT policy of the local country up to a given volume (usually in the 100k€ range, so we're not there yet in two days, maybe after a few more days)

I see.  It is my understanding that exported goods are exempt from VAT.
59  Bitcoin / Hardware wallets / Re: [NOW AVAILABLE] btchip : a Smartcard wallet on: September 11, 2014, 09:23:06 AM
Looks great.

I noticed that you charged 20% VAT even though I'm outside of the EU. Is this correct?
60  Bitcoin / Hardware wallets / Re: [NOW AVAILABLE] btchip : a Smartcard wallet on: September 11, 2014, 06:44:33 AM
Can this be used on an Android smartphone? ie, connect to phone via USB OTG cable. Any supported wallets on Android?
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