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So I used to use one address, then I switched to a different one for the last four blocks. However, the payouts are going to both of my two addresses and are split 50/50. How come?
You still had valid shares submitted using the old payout address. I'm assuming you switched in the past 24 hours? I think about 24 hours ago. But surely I submitted many more shares with my current address than the previous one. Don't know how it ended up being exactly 50-50 between my two addresses. Anyhow it is probably OK.
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So I used to use one address, then I switched to a different one for the last four blocks. However, the payouts are going to both of my two addresses and are split 50/50. How come?
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BTW how do you know when p2pool finds a block (besides that you receive a payment)? Does it show up in the logs or on some website?
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OK I restarted my bitcoin-qt and suddenly a mined transfer showed up. So maybe it's OK. My address is not showing up on http://p2poolparty.org/stats.html as yet tho. Is this list dependable?
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I haven't been paid in about two days. And my current payout keeps going down. I'm pretty sure something is wrong..
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I just joined p2pool and so far it seems pretty tremendous. I have some questions. 1. Is it recommended to give an address with the -a flag and keep this address the same always? Does it make a difference? 2. If I close and open again p2pool, do I lose any of the work that I did? The 'current payout' seems to go back to 0. If I have a bunch of 'accepted' in the cgminer but still 0 shares in the p2pool, then reconnect, do I lose the work that I did? This is probably a silly question but I want to make sure
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OK right now current bids:
Sell cryptoAUD @ 5.82, buy Gox USD @ $5.55 = WIN 0.27 per coin
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There are already bids at 5.70 USD now.
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In USD adjusted rates: Sell cryptoAUD @ 5.54, buy Gox USD @ $5.55 = loss 0.01 per coin Buy cryptoAUD @ 6.16, sell Gox USD @ $5.50 = loss 0.56 per coin
No what I mean is, you can sell at cryptoxchange for anywhere in the range 5.55-6.16 USD. Even at 5.80 people will still probably buy. Then take that money to MtGox and buy at 5.54 there. ATM the gap in price is too humongous.
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Currently price on mtgox is 5.55 USD and lowest sell order on cryptoxchange is 5.8 AUD which is about 6.16 USD. That's at 11% difference. Surely somebody wants to take advantage of this and sell some bitcoins.. Doesn't anyone want my money?
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Probably this point has already been made many times, but Bitcoin has two distinct advantages over fiat money in the context that you are asking (debt slavery etc).
1. No central bank has the authority to print money wiping out everybody's savings and setting interest rates to 0%.
2. Even when gold was money, very few controlled the mining of gold or even had the ability to safely store and protect large amount. So inevitably a majority of gold would end up with the few.
With bitcoin, it is very easy to store and protect large amounts, to transfer it anywhere you want, and nobody can take it from you by printing more. So of course some people are going to be much richer than others, but the ability to earn more bitcoins will hopefully be proportionate to how well you serve other people, in the long run, and not how clever you are in hijacking the financial system and its loopholes. I really think/hope that will be the key difference.
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OK I just had this happen to me:
1. Power in house went out causing PC to switch off. 2. When power came back on and I restarted, the bitcoin database was corrupted and caused the machine to completely freeze on the "Loading Addresses" splash screen, since I set my bitcoin-qt to run as PC boots up. I tried restarting about 5-10 times til I realised it was bitcoin-qt that was doing it. It made the machine completely unusable. Couldn't even kill any processes. The log file was saying something about "PANIC" and to do database recovery. Very annoying. I know a corrupted bitcoin database is bad but I don't see why it should break the whole machine. Even ctrl-alt-backspace wouldn't work anymore.
So I deleted all the database files and now bitcoin-qt opens fine and starts syncing. However, if while it is syncing I go into options, don't change anything, and click OK, that causes it to immediately crash for some reason.
I am running version 0.5.0.1 BTW with Linux Mint 11.
Hope it helps.
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I might be interested. I am in Sydney.
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Anybody aware of an internet bitcoin golf shop?
How about a cycling shop?
p.s. what can we do to get bitcoin added to the dictionary? It always comes up as a misspelling for me.
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You can trust all ip addresses from Australia. We are all good peoples.
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Ilia from Sydney here. Very excited about the future of bitcoin!
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Hello. I'd like to post even though I don't have any good reason to be let out I like bitcoin !
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I have a possibly silly question:
So the total computing power must remain high at all times in the system in order to protect the block chain from attack, right? Could this trigger an energy / computing power arms race in the future, where a very large amount of energy is needed to be applied constantly to maintain the high computing power to protect the block chain?
Or is this amount of computing power always going to be limited by the amount of hardware etc., rather than the energy required?
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