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41  Bitcoin / Bitcoin Discussion / Shouldn't your open bid order show up in Mt. Gox's market depth chart? on: July 01, 2011, 10:49:59 PM
I have an open order for bitcoins at $10.00, but I don't see them in the Mt. Gox market depth chart.  Anyone know more about how this works?

https://www.mtgox.com/trade/history

Is it just goxed?
42  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 10:29:14 PM
If I remember correctly I actually got about 500-600 khash/s on my desk computer, and something like 250 on my laptop. (In like jan/feb 2010).

Of course, I regret not mining and buying more early on, but I think I'll be pretty well off in a few years anyway.. Bill Gates level is fine for me, I don't need a small countrys GDP to have fun in life ;P
Ok. Smiley
The entire bitcoin economy is only $100 million.  Which is a rounding error in Bill Gates' dividend calculation.

You must belive that bitcoins are going to take over the entire economy to get up to his wealth.
43  Economy / Goods / Re: new real tangible physical bitcoin coin on: July 01, 2011, 10:17:02 PM
If you wanted it to be really cool, you would charge 1 bitcoin each coin and have an exchange in and out, with 100% reserve of digital bitcoins for all outstanding physical ones.  That would allow for easy transactions on the street.  This would allow for complete anonymity.  You would just have to be audited to insure that you hadn't given out more coins than bitcoins in your wallet.

I like the concept, but how would you prevent counterfeiting?
Another thing that may work is some kind of embedded EEPROM chip that contains an encryption key.  Maybe a wallet.dat file with just this one bitcoin in it.  Make it RFID and transfer the virtual bitcoin out of the wallet.dat when transferred, and make a new wallet.dat stocked with a bitcoin from your computer's wallet.dat before handing it out again.  In order for this to work, you would have to check the wallet.dat against the network before accepting, to insure there was a valid bitcoin inside.  Which would make it more cumbersome.

Maybe the gurus could come up with some scheme for such a scenerio.

Maybe it would be easier to just sell them as novelties Cheesy
44  Economy / Goods / Re: new real tangible physical bitcoin coin on: July 01, 2011, 10:07:13 PM
If you wanted it to be really cool, you would charge 1 bitcoin each coin and have an exchange in and out, with 100% reserve of digital bitcoins for all outstanding physical ones.  That would allow for easy transactions on the street.  This would allow for complete anonymity.  You would just have to be audited to insure that you hadn't given out more coins than bitcoins in your wallet.

I like the concept, but how would you prevent counterfeiting?

As long as the value is low for a physical bitcoin, it wouldn't be worth counterfeiting, any more than counterfeiting quarters.  But if bitcoins go up to $100 each, then it would become very worth it.

Not sure how to counteract counterfeiting without multi-million dollar anti-counterfeiting technology like engraved holograms or something.
45  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 10:02:25 PM
The same as the current CPU-Miner program that you can download seperately?

I wonder why the original users didn't mine?  What else could you do with it the first few months?
No, the same as the one that's included in the official client.

The reason for not mining would be turning off computer at night, not wanting to waste cpu, forgetting to start bitcoin after reboot etc. Since they were worth practically nothing the incentive for generating coins were low.
I generated for a short time when I first discovered bitcoin, but then I forgot about it for some months, and never started generating again, since getting maybe one block every few days was not as fun as getting 5-10 a day.
Ok, so at 7 blocks a day is 350 bitcoins/day. That would give you .350 MH/S at a difficulty level of 1.  So the original client only had a performance of maybe 350kH/S?
46  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:59:53 PM
The same as the current CPU-Miner program that you can download seperately?

I wonder why the original users didn't mine?  What else could you do with it the first few months?
No, the same as the one that's included in the official client.

The reason for not mining would be turning off computer at night, not wanting to waste cpu, forgetting to start bitcoin after reboot etc. Since they were worth practically nothing the incentive for generating coins were low.
I generated for a short time when I first discovered bitcoin, but then I forgot about it for some months, and never started generating again, since getting maybe one block every few days was not as fun as getting 5-10 a day.
Man, I am kicking myself for not buying a bunch of bitcoins when I read about them in April 2010 (at $.0025 each). 

You must be positively hating life after actually downloading the client and running it, and still not mining a few million dollars worth of bitcoins.
47  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:47:30 PM
http://bitcoin.svn.sourceforge.net/viewvc/bitcoin/trunk/main.cpp?view=markup&pathrev=1
Line 2213.

Looks the same.

I know at least 10 people who were using bitcoin in early 2009, but I'm not sure all were generating.
The same as the current CPU-Miner program that you can download seperately?

I wonder why the original users didn't mine?  What else could you do with it the first few months?
48  Bitcoin / Mining / Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:43:51 PM
Was it about the same as the latest CPU-miner?  CPU-Miner seems to get around 1~2 MH/S per core.

I am wondering this, because the average network hashing rate for the first year of bitcoin's existence was around 5MHash/S.  That would mean there were on average, only 5 nodes in the bitcoin network the first year.

Also, when did the client start supporting external miners?

check out:
http://bitcoin.sipa.be/speed-ever.png

The difficulty stayed at 1 the whole first year (2009), because there were only a handful of nodes on the network.  In other words, at 2 MH/Sec, you could have mined almost 700,000 bitcoins the first year with just a middle of the road dual-core CPU.

Which would be worth around $10 million now.

Read it and weep  
49  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:41:27 PM
No one remembers?
50  Economy / Goods / Re: new real tangible physical bitcoin coin on: July 01, 2011, 09:40:30 PM
Just bought 3.

If you wanted it to be really cool, you would charge 1 bitcoin each coin and have an exchange in and out, with 100% reserve of digital bitcoins for all outstanding physical ones.  That would allow for easy transactions on the street.  This would allow for complete anonymity.  You would just have to be audited to insure that you hadn't given out more coins than bitcoins in your wallet.


It would be ironic that the "real" bitcoins are ephemeral bits on a computer, and the "paper" bitcoins would be physical metal.  A complete 180 from how money usually works!

51  Bitcoin / Bitcoin Discussion / Re: Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:20:36 PM
5 mhash average???
yep, look at this chart:
http://bitcoin.sipa.be/speed-ever.png

The difficulty stayed at 1 the whole first year (2009), because there were only a handful of nodes on the network.  In other words, at 2 MH/Sec, you could have mined almost 700,000 bitcoins the first year with just a middle of the road dual-core CPU.

Which would be worth around $10 million now.

Read it and weep  Grin
52  Bitcoin / Bitcoin Discussion / Does anyone remember the hashing performance of the original BTC Client? on: July 01, 2011, 09:05:37 PM
Was it about the same as the latest CPU-miner?  CPU-Miner seems to get around 1~2 MH/S per core.

I am wondering this, because the average network hashing rate for the first year of bitcoin's existence was around 5MHash/S.  That would mean there were on average, only 5 nodes in the bitcoin network the first year.

Also, when did the client start supporting external miners?
53  Bitcoin / Bitcoin Discussion / Re: Retail Over the Counter Trading illegal in the free USA from 15 July 2011 on: June 28, 2011, 07:50:24 AM
The law is simply preventing the "leveraged" purchase and sale of precious metals.

So you have a leveraged position by owning Citibank & Walmart stock options - both denominated in USD, you have a USD denominated bond leveraged because you only have a monthly downpayment based on the interest rate that may be hiked to protect a flailing USD.  But you can not leverage your hedge against a flailing USD?  It leaves you as average USD citizen pretty helpless in your current USD leveraged exposed position.

All leveraged trading on XAU/USD, XAG/USD, XAU/JPY or XAG/JPY is now criminalized for retail customer US citizens.

You're right.  All leveraged trading should be outlawed, period.  That's why we're in this economic mess we're in.

No, we're in this economic mess because it's reliant on a central organization in the first place, that can be hedged against.

In addition, the fact you believe man isn't entitled to trade his property as he pleases, disturbs me.
Typical statist.

The Fed artificially lowers interest rates so far low below what the market would dictate that you would be a fool not to leverage your investment since credit is so cheap.  Then suprise! everyone leverages up the hilt.  Now you need rules agains leveraging, because obviously it was a failure of the free market, not the Fed central planners. 

Then you get all these esoteric financial laws trying to fix the problems that the government created in the first place.  Of course, these laws never seem to work, because the market always finds a way around them.  Each year, new laws are created to further control the financial system.  Each time the politicians promise that the new law will fix all the problems forever.  Each time it fixes nothing, but makes things worse.

The one thing they won't ever do is shut down the Fed and the easy credit that makes all of this possible.  That would take away their sugar daddy that finances all their largess.

Without the Fed, people would have to actually save their money to create capital, and they would be way more cautious about how it was lent out.  Which means few investors would be lending money to subprime mortgages, leveraged trading, etc...
54  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 08:46:11 PM
Shouldn't all open orders show up in the market depth?  I have orders for far less than $12.00 and they aren't in the list.

Maybe it only shows the closest 280 orders from the middle of the ask/bid price?
55  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 08:39:15 PM
Shouldn't all open orders show up in the market depth?  I have orders for far less than $12.00 and they aren't in the list.
56  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 07:16:03 PM
The problem is they changed to integers from floats.  When you do that, you have to get all the mults and divs right, or you end up with this kind of problem.
57  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 07:13:18 PM
What the hell! I now owe them $4,500,000.00 in fees for selling 1 BTC!!!


58  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 06:43:50 PM
lol what are you talking about, trading is halted. they are just line item executing right now.

FFFUUUUUUUUUUUUUUUUU.....

If I go out and buy a pack of smokes and miss an opportunity.  I'm going to be pissed.
Just add your orders into the queue.  Then fuggetaboutit.
59  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 06:17:19 PM
My orders are in, so now it is out of my hands.  Good luck Gox.
60  Bitcoin / Bitcoin Discussion / Re: Goxed - 15:30 open on: June 26, 2011, 06:15:36 PM
Looks like my four orders finally showed up.

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