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41  Economy / Currency exchange / Re: Why no Moneybookers? on: September 22, 2011, 12:12:21 PM
Moneybookers works almost exactly like Paypal, except with a much higher level of Merchant Protection. Chargebacks can still happen, though they are very hard for the consumer to get. In the Game Account World (EVE Online, WoW, EQ, etc), they are pretty much the de facto standard money broker that virtually everyone uses, due to the high rate of illegitimate buyers out there.

So why no love for them in the BitCoin world?

http://www.moneybookers.com/app/

They are much more well known than Dwolla and have been around for much longer, but it seems that Dwolla gets all the lovin.
I got an idea. The 30 day hold on transactions when your first open up.

Never heard of anything like that. I did transactions the instant I signed up on MB.

OP is right, it's by far the superior online payment processor (you can deposit directly to your balance via debit, credit, instant online banking, wire etc.)
and chargebacks are practically impossible without getting the authorities involved & proving a fraud case etc.

I wondered the same thing when I found out about BTC, came to the conclusion people just don't know about it. All they know is PayPal.

MoneyBookers is huge in other countries. They also have an international debit card which works everywhere, for just 10 bucks.
Every time you top up your MB balance you can withdraw it at an ATM.
42  Other / Meta / Re: bitcointalk.org not found on google? on: September 20, 2011, 06:13:35 PM
This forum is the de-facto archive of all old bitcoin posts and community events since 2009.
This is also the only forum where Satoshi has posted hundreds of times.

I find it immature for the admins 'distance' themselves from this place just because of some trolls on the economics/speculation board.

As a result, clicking on 'bitcoin forum' on the front page lists Google results, of which none in the top 10 are related to bitcointalk.org.

You basically just give free money to SEO vultures capitalizing on the fact you use the words 'bitcoin forums'.
Now there's a site called bitcoinforums.net which has the first place.

Nevermind the fact they have 200 members (and had way under 50 before you started linking to them)
& bitcointalk.org has 40,000 members.
43  Bitcoin / Project Development / Re: Posters [New Bounty currently 2.0 btc] on: September 19, 2011, 05:27:44 PM
The first prints of these have been sent to colleges matrix refrences cryptography QR are all "cool"

If you are localising posters for target audiences (like colleges) then this actually makes a lot of sense.
What might be ridiculous for Wall Street traders might be brilliant for tech grads or students generally interested in computers.

My bad.
44  Bitcoin / Pools / Re: Deepbit versus Bitclockers on: September 19, 2011, 05:24:54 PM
Both seems as good, very tough to choose from Smiley . I think I will mine at Deepbit as it seems to be much more popular.

What a horrible logic to go by. People mine there because they are clueless
& don't know 3% for prop or 10% for PPS is a rip-off (even if you get reduced variance for the prop. due to massive hash rate).

No offense to Tycho either; Hell I mined there for a long time back when prop. was still viable.

You shouldn't mine at a site which is the most popular but the one which yields the largest profit on average.
45  Other / CPU/GPU Bitcoin mining hardware / Re: 5850 sudden runaway temperature on: September 19, 2011, 09:16:05 AM
Holy, 1.65v is beyond insane. Even 1.4v on liquid helium is pushing the extreme limits of any highest-end GPU.
It's a small miracle the card didn't start smoking or the VRM melting at that point.

Fortunately you had a custom air cooler
46  Bitcoin / Project Development / Re: Posters [New Bounty currently 2.0 btc] on: September 19, 2011, 09:09:51 AM
Well, first off the acronym 'wtf' in a title. It doesn't convey an image of professionalism.
The Matrix reference is somewhat juvenile.
The 'i' in 'why should I care' should be capitalized.

Also ordinary people don't know anything about decoding QRcodes, or what cryptography is.

I don't have a better alternative right now so yours is definitely better than nothing but I wouldn't use those in public posters.
Clean colors & fonts, and easily understandable content your grandmother could grasp without issue.
47  Other / CPU/GPU Bitcoin mining hardware / Re: Any Flags for 6990 on: September 18, 2011, 06:21:58 PM
The basic -v -w128 parameters yield ~405mhash/s per core on my 6990's at 900mhz, same as above with the Phoenix.
48  Bitcoin / Bitcoin Discussion / Re: Happy free money day! on: September 16, 2011, 09:38:03 PM
Being so paranoid of somebody somewhere getting something for nothing that you happily pay more for things to ensure they don't get any of them is really kind of shooting yourself in the foot, don't you think? And the whole time you're sputtering angrily about the possibility of some poor person snatching pennies, the rich are stealing your whole country out from under you.

I don't have anything against poor people mooching off welfare.
More power to those who are smart enough to exploit the system.

I'm saying if you aren't doing anything to further your financial situation you really have no right to complain how everything is about money & how society sucks.

You can earn significant amounts without being a corporate slave. Hell, with the bitcoin prices being what they were during the summer, I made $10k+/month peak
just from mining proceeds (that's obviously a dead end now though) after electricity.

You can earn tons 'off the grid' (besides bitcoin). It takes effort and thinking, though.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Why does auto-mining in Coinotron is more profitable than mining only BTC on: September 16, 2011, 09:30:35 PM
Your pool still compares very poorly against 'cheating' on proportional pools by hopping.
With a simple 43% switch script you can earn 30-50% of your expected value (according to Meni Rosenfeld possibly even more).

And as it is, 24/7 prop. miners apparently have no idea they're being ripped off since the hash rates never seem to go down on those pools,
so it's still a very viable earning method for those still looking to earn something from mining (if you are fine with indirect stealing)
50  Bitcoin / Bitcoin Discussion / Re: Happy free money day! on: September 16, 2011, 03:15:35 PM
You wouldn't be alive in in a western country right now without businesses catering to your needs.

No shit? I wouldn't be alive without business in a society that makes it impossible to live without business?! Well that changes everything!

Do you have realistic alternatives
besides withdrawing from the world, whining & living on welfare and other people's money?
51  Bitcoin / Bitcoin Discussion / Re: Happy free money day! on: September 16, 2011, 09:36:11 AM
This serves as a mis-allocation of resources and will only hurt the economy. If you have money to give away, the best thing you can do with it is provide capital to a business you think is viable thus generating more wealth for society. Giving it to some random stranger is not likely to produce growth.

Give your money to a business which will use it to exploit its workers and probably not give them health care or a living wage. Truly the best way to move the human race forward. Preventing people from starving to death is a misallocation of resources which would be better served to make the top 0.01% slightly richer. I am able to think these things without killing myself out of shame because I am severely autistic and don't understand this thing you humans call "compassion".

You wouldn't be alive in in a western country right now without businesses catering to your needs.

You have no means or resources to feed yourself off the land in a modern 1st world country.
You are also directly dependent on the oil, chemical and weapons industry unless you ride a bicycle, make your own medicine & protect your home yourself.
52  Other / CPU/GPU Bitcoin mining hardware / Re: New 5970's (Newegg) For $400 Shipped! on: September 16, 2011, 09:22:55 AM
i guess newegg is having the pressure of keeping too much 5970? and selling slowly now, thus the promo

Nobody except bitcoin miners are buying these old gpus like 5830, 5970's etc.

There is no demand because the difficulty is too high compared to the current price.
So they aren't selling out in 5 minutes like a few months back.

Building rigs with the difficulty at 1.75 million and BTC price at $4.8 is plain out stupid if you have to pay for electricity.
53  Economy / Speculation / Re: Bitcoin will reach 5-6 dollars within 1-2 months on: September 15, 2011, 03:04:10 PM
That said, the poster may be right. I was ready to signa contract for a larger data center installation for bitcoin mining and just called it off - the numbers did not work, not the least because pretty much everyone on the other side of the game decided to demand more money. Too much risk, too high price. Especially with the rent up.  I expect quite a lot of people will loose their guts at one point - not everone pays 15 US cents or lower, some pay significantly more and for the mmining is less and less efficient.

Well, I for one will quit next week given the prices stay at current levels.
Absolutely zero incentive to keep mining at this point.

Of course, if difficulty drops to say 400-500k before christmas, a $4-5 price point will be excellent.
I don't see that happening though..
54  Economy / Goods / Re: Become a Lord or Lady, Baron or Baroness. For Bitcoin! on: September 14, 2011, 03:55:27 PM

In The Morning to you.

How about knighthoods?




Those can only be bestowed by monarchs or heads of state in most cases and definitely cannot be bought.
The title would be 'sir'.

Real royal titles can't be sold either, it's a known scam.

You will receive a 'lordship' of a manor or some castle,
but it will not entitle you to use the name in a passport etc. nor will it have any legal validity.

http://en.wikipedia.org/wiki/Scam_title

Also Richard Bridgeman, (real) Earl of Bradford has set up a website that warns people of this common type of scam.
http://www.faketitles.com/

Quote from: Richard Bridgeman
I will put it very simply, “You cannot purchase a genuine title, which allows you to put Lord in front of your name, with one exception,
the feudal title of a Scottish baron; and certainly cannot buy a peerage title”. A word of warning though, Scottish Feudal Baronies fetch a mighty price; the Barony of MacDonald was once up for sale at over £1 million.
55  Other / CPU/GPU Bitcoin mining hardware / Re: X79 Sandy Bridge E motherboards - PCIe Heaven? on: September 14, 2011, 03:43:30 PM
MSI BB Marshal motherboard already offers 8 PCIe slots. It costs $400 though.
56  Other / CPU/GPU Bitcoin mining hardware / Re: Is mining worth it on my rig. on: September 14, 2011, 11:58:37 AM
If you pay for electricity at all mining is a pretty bad business right now.
The profit level is meagre at best

Unless you save the majority of your mined coins for later in anticipation of price hikes.

Most miners seem to be doing that, since the difficulty isn't dropping in linear fashion with the price.
Network hashing power is the same as it was at $15 per coin, diff. went down only 50k in the last month
57  Economy / Currency exchange / Re: Bitcoin Exchanges / Escrows on: September 13, 2011, 02:56:29 PM
Mt. Gox fees across all currencies are 0.55% instead of 0.6%.

They also give a 0.02% bonus to anyone who has volume past 500 BTC per month.
58  Bitcoin / Bitcoin Discussion / Re: on making Bitcoin more anonymous -- thoughts? on: September 13, 2011, 01:57:53 PM
Would the laundry setting a minimum & maximum threshold in full amounts fulfill your criteria?

(e.x. minimum amount is 5 BTC at a time, maximum is 20, the only possible other amounts are 10/15)

Obviously transactions that could be pinpointed (such as a 6.8775 BTC) are not fit for laundering,
so using laundry-predefined full amounts would definitely obfuscate the origin & identity of the receiver if there is large enough volume on the site.
59  Bitcoin / Pools / Re: [101 GH/s] ABCPool.co - 0% fee PPS on: September 12, 2011, 12:17:04 PM
Please let me know when I can register.  I would love to join this pool and have it as my primary.  I promise to donate! Smiley

I have an extra. Sent PM
60  Economy / Marketplace / Re: Is my money safe at Mt. Gox on: September 11, 2011, 09:06:16 PM
If you use their Yubikey, then yes, it's 100% safe.
I can say that number because bruteforcing yubikey codes has been proven mathematically infeasible at this time.

So if you have YK enabled, you can sleep at ease even with thousands of $ on Gox
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