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41  Economy / Service Announcements / Re: [ANN Mt.Gox] Hi everyone, just a quick update on the situation and what happened on: April 11, 2013, 09:17:39 PM
That's me on the left. I'll give you three guesses as to the location and why I was invited to this by the CEO.
JNPR traded on the nasdaq not the NYSE.   Why the photo?
JNPR also went public in June (on the NASDAQ, not on the big board), not in october.   So, I ask again, what is the meaning of the photo?
His CEO made him be at NYSE instead of NASDAQ when JNPR went public, to make sure he wouldn't ruin the event.  They took the photo and everything to make it look authentic. That's my guess.

Maybe my ability to read into what is written is impaired.

Where in the post in question did the poster claim Juniper was listed on the NYSE?

Is it just me or did the poster claim that the NYSE now runs on a Juniper network?

I could have missed something so please let me know.
42  Economy / Speculation / Re: get out your tin foil hats on: April 11, 2013, 07:59:50 PM
But I want to know where you get Tin Foil?  I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?

No, Aluminum is way superior to Tin. As I have explained in detail in my offer:

https://bitcointalk.org/index.php?topic=146580.0

They are getting cheap again. Maybe you want some?

Damn funny thread.  Great construction quality on the hats, especially the stylish beach hat or whatever kind of hat that is.
43  Economy / Service Discussion / Re: Should MtGox Reverse the trades from Black Wednesday? on: April 11, 2013, 07:43:17 PM
Gox sux and Gox is a 80% attack on BTC.

I understand the rugged individualism aspect, especially with BTC pioneers, but if you want new people to adopt BTC there there has to be a modicum of reasonableness and reality in place.  A newb has no reason to doubt Gox or it's alleged bonafides.  To many newb's Gox is the spokessite for BTC.  My first experience with BTC was the localbitcoins, but finding a seller with the BTC I wanted to buy was difficult.  I then tried Bitfloor, cause I liked the idea of depositing $ in a bank account, but Bitfloor's volume sucked and no way was I paying the prices for the asks, though that ~$37 is looking pretty good now.

So I went to Gox.  Everyone is going to Gox, Gox is BTC as far as everyone new knows.  So goes Gox, so goes BTC.  Don't believe me look at the prices for btc all because of Gox.  If BTCe, Vircurex and five other exchages went off line and Gox was up, would anyone care?  Prices may take a little hit due to the vast networks of bots trading the sites, but it wouldn't make much of a difference in BTC price.

Gox holds an implied fiduciary power due to its standing as the face of BTC.  That means making the exchange fair and equitable and not this capricious and arbitrary system of assclownery where a pure state of panic is allowed to ensue and reach a level of pure mania.  The lag was over 75minutes at one time according to bitcoinity.

This is pure silliness, and sad.  BTC has all these lofty ideals of being better than fiat.  Really?  

Look at the way late comers are treated.  It's a eff them attitude, they should know better.  LMAO.  I bet most of the people who think BTC is some democratic commodity applauded the Trashbaggers at the OWS rallies because they were fighting the man.  Now the man is they, and newb's be damned cause I (TheMan) gots my BTC and you can pry it from my cold dead fingers.  But hey newb we need your fiat so we can make BTC worth more so we can be richer and sell BTC for more of that fiat we hate so much.  The bipolar like hypocrisy is sadly humorous.

Mt Sux must reverse all trades back to the start of the fiasco.  And BTC'rs need to reverse all attitude back to 2011.
44  Economy / Speculation / Re: get out your tin foil hats on: April 11, 2013, 07:17:47 PM
With many of the theories posted here, who knows? "When you have eliminated the impossible, whatever remains, however improbable, must be the truth" -Sherlock Holmes.

But Occam's theory of evidence may prevail in this instance, and that is the simplest explanation is most likely the correct explanation.

Gox sux.

Gox is the defacto FED of BTC.

And the influence of a centralized power has proven to be hazardous to an alleged decentralized commodity.  Gox may not own 51% of the hashing power but Gox holds over 51% of the exchange/monetary power.

I have to say I agree with this blogger https://defuse.ca/bitcoin-pool-ddos.htm. BTC is in trouble when a service, or pool holds so much power over BTC.  If you think Gox is bad, wait until someone gets hold of enough ASIC's that when they ddos a few major mining pools they can take over the btc net and wipe out anything they wish.

Which scenario is worse for BTC, or are both equally bad; 51% takeover or 80% monetary power?

LTC FTW!

But I want to know where you get Tin Foil?  I'm using Aluminum and maybe that's my problem; Aluminum doesn't block as well as Tin?
45  Economy / Speculation / Re: Bearish Inverse Pennant Chart Formation on: April 11, 2013, 06:55:20 PM
First off, I aint selling.
Secondly, I do believe chart patterns are mostly -- if not entirely -- a sort of self-fulfilling prophecy.


What? Someone care to explain this statement?

Line 1: Not selling in case I'm wrong. Because the fundamentals for bitcoin obviously haven't changed. But the technicals clearly have, and perception may have changed.

Line 2: I believe technical analysis is pseudoscience/self-fulfilling prophecy, but I use it as an indicator anyway only because I know lots of other people in the market trade that way.

Comprendé?

Ever hear the story of the young man who left his Indian tribe to study at Harvard?

He graduates from Harvard then goes to Wall St. He's making millions a year.
He gets a call from his tribe that the Chief has died and the tribe wants him to be chief.
He accepts and moves back west.
First order of business is the tribe wants to know how much wood to collect for winter.
Chief says come back in 1 hour.
He calls the weather service and asks about their prediction for the winter.
Weather service says, looks like we'll have a pretty mild winter, like last year.
Chief tells his tribe to collect enough wood for 6 weeks, just to be safe. Tribe collects wood.
Chief calls the service a few weeks later, asks how bad will winter be.
Service says it looks like winter will be a worse than we expected.
Chief tells tribe to go collect 2 weeks more wood.
A few more weeks, chief calls the weather service, asks same question.
Weather service says looks like winter is going to be worse than we expected.
Chief tells tribe collect 2 more weeks of wood.
Few weeks go by chief calls weather service, asks same question gets same response.

This time Chief asks, what is wrong with your computer models?  How can they be so wrong and change so much?

Weather services replies, Oh we don't use computers we look at how much wood the Indians collect and base out predictions on that.
46  Economy / Service Announcements / Re: [ANN Mt.Gox] Hi everyone, just a quick update on the situation and what happened on: April 11, 2013, 11:11:01 AM
Looks like it's time to call up release the Kraken. https://www.kraken.com/ They're still beta testing but looks like they have some excellent features that far surpass the simple order matching systems that exist in BTC at the moment.

Kraken has a thread around on this forum somewhere and yes I'm too lazy to search.
47  Economy / Speculation / Re: Bearish Inverse Pennant Chart Formation on: April 11, 2013, 02:05:26 AM
First off, I aint selling.
Secondly, I do believe chart patterns are mostly -- if not entirely -- a sort of self-fulfilling prophecy.

However there is a nasty inverse pennant formation brewing if you look at a one or two month closing chart with 30 minute or 1 hour interval. I'm on mobile and can't link to it, but please punch that in and see for yourself.

I'm scrounging up as much money to buy on the way down. Target price may be as low as $40 and might hover around there for as much time as the price had hovered around $2-$10 after the $30 peak in summer 2011 until october 2012.

$40 is a pretty optimistic low target.  There's just no good reason the exchange rate couldn't fall back into the single digits again.  I don't think people have fully appreciated how devastating an event today will be for a really large number of people, and as they leave, they're going to take a lot of money out with them and we'll see the opposite of what we've seen over the past few months.  Not only will money completely leave the system, bids will disappear as people who still want to own bitcoins hope to buy at lower and lower prices.  It really can go all the way down.

This is where Mt. Gox sucking so much it could deepthroat Mt. Everest may help out.  The impact will be over a longer period of time since Gox lags so far in getting new ppl confirmed with their KYC system.  Now I'm glad that one day I turned off my VPN and got nabbed by Gox for the KYC before the list was over 20k ppl.
48  Economy / Service Discussion / Re: MtGox Lag Nearing Length of Feature Film on: April 11, 2013, 01:55:14 AM
P.S. Already hedging LTC.
What is different about LTC that would make it more resistant to these kinds of problems if it saw the same kind of use as BTC?

LTC is technically superior to BTc, but the weakness is in the one exchange.  This makes a central point of weakness. BTC doesn't normally fluctuate as wildly as it did today, and ltc usually isn't getting dumped on BTCe like it has been for the past couple of days.  I think when investing in cryptos holding a little money in UDS or fiat is the way to go since both BTC and LTC get more valuable compared to fiat.
49  Economy / Service Discussion / Re: MtGox Lag Nearing Length of Feature Film on: April 11, 2013, 01:49:46 AM
Were you under the impression that MtGox is the only bitcoin exchange?

Likely he's aware there are other exchanges, but almost everyone knows Gox is the big dog that truly sets the btc price among all other exchanges.

Gox is a joke.  They need to upgrade that 486SX33 server with 20meg EDODram, 325meg HD, with the 14.4kmodem bank and some cluched together Dbase.

Invest in ltc as a hedge against Gox and the whims of the hackers who routinely attack Gox to destabilize btc and buy back btc at a lower price.
And here I thought they were running a 300 Buad modem...on a 286...maybe a pair of 8086's.

P.S. Already hedging LTC.

I think you're correct in your system choice.  And they hash scrypt while running Gox.  I think they get 1 x 10^-12 h/month. The plus side is the cpu makes a good coffee cup warmer.

Damn the 300 baud modem.  Noting says made it like dialing the phone yourself and placing the handset on the modem for communication.
50  Economy / Service Discussion / Re: MtGox Lag Nearing Length of Feature Film on: April 10, 2013, 07:05:03 PM
Were you under the impression that MtGox is the only bitcoin exchange?

Likely he's aware there are other exchanges, but almost everyone knows Gox is the big dog that truly sets the btc price among all other exchanges.

Gox is a joke.  They need to upgrade that 486SX33 server with 20meg EDODram, 325meg HD, with the 14.4kmodem bank and some cluched together Dbase.

Invest in ltc as a hedge against Gox and the whims of the hackers who routinely attack Gox to destabilize btc and buy back btc at a lower price.
51  Other / Beginners & Help / Re: Newbie GPU miner questions on: April 02, 2013, 04:10:23 AM

YW.  I hope you get a reply soon.
52  Bitcoin / Project Development / Re: BOTDICE online simulator - play 100k Satoshidice rounds without losing your bank on: April 01, 2013, 10:50:22 AM
I bet 1.0 on 50/50 and win; my client will show a return of 1.957
Then profit "net profit" is where the fee is subtracted from the win.

I think this approach would also build faith in your site since people would see the exact same amounts in the client and on your site. (assuming they are always charged a fee of 0.00005. Sometimes I'm charged a gee fee of 0.0001)
I did mistakenly add an extra 0 in each of the above statements.  

Your suggestion is appreciated. The amounts need to be the same as displayed on the client.

And for some shameless self promotion I sent you a small donation for the site. I've tried many more different variations on betting that I've been meaning to test but never have.  Thanks!
53  Alternate cryptocurrencies / Altcoin Discussion / Re: When will Litecoin reach 0.1 Billion USD total value on: April 01, 2013, 10:08:04 AM
Yeah congrats organic.

Please post all of your other LTC predictions. Wink

54  Other / Beginners & Help / Re: Newbie GPU miner questions on: April 01, 2013, 10:02:14 AM

Posted it here: https://bitcointalk.org/index.php?topic=3878.msg1713864#msg1713864
55  Other / CPU/GPU Bitcoin mining hardware / Re: GUI mining - updated Dec 3 with 7970 bugfix, also supports Stratum! on: April 01, 2013, 10:00:58 AM
I'm reposting this for twenty20cent. He's stuck in newb jail, and time = coins.

I guess answer here and maybe post a link in the thread that's linked to this quote.  If you have a better way to communicate then please use that method.

Hi guys, im a newbie to GPU mining too and i recently downloaded the GUI miner software and read the faqs after the post, one of the faqs was to do with the GUI miner crashing, KIV wrote that if this problem happens to anyone then post up the bug report so someone can take a look, only problem is i cant post on that thread as im a newbie, my bug report is shown below, if there is any helpful feedback id love to know.

Bug Report:
Problem signature:
  Problem Event Name:   APPCRASH
  Application Name:   guiminer.exe
  Application Version:   0.0.0.0
  Application Timestamp:   49180193
  Fault Module Name:   StackHash_9e55
  Fault Module Version:   0.0.0.0
  Fault Module Timestamp:   00000000
  Exception Code:   c0000005
  Exception Offset:   00000000
  OS Version:   6.0.6002.2.2.0.768.3
  Locale ID:   5129
  Additional Information 1:   9e55
  Additional Information 2:   b6de07bb34c6f6932dc078e4af9017d1
  Additional Information 3:   a79c
  Additional Information 4:   c90e655ab54f9b3e4b586d7610ba132d

56  Alternate cryptocurrencies / Altcoin Discussion / Re: April 1 2013, LTC touches USD 1 on: April 01, 2013, 07:15:53 AM
Now ltc hit $1.  did that before btc hit 100.

added
And LTC passed $1 since I sold the first LTC ever sold on BTC-e for $1.000001.

01.04.13 11:17   Your order #5513774 (sell 1 LTC @ 1.000001) filled completely.
<server time is EST +8hours>

added

57  Alternate cryptocurrencies / Altcoin Discussion / Re: April 1 2013, LTC touches USD 1 on: April 01, 2013, 06:43:09 AM
Here's the exchange page.

https://btc-e.com/exchange/ltc_usd technically the daily high shows $1 but the candle shows .99999

Ohh fuk do I feel dumb now for me selling earlier. LMAO.
58  Bitcoin / Project Development / Re: BOTDICE online simulator - play 100k Satoshidice rounds without losing your bank on: April 01, 2013, 06:26:53 AM
Seems to be some issues with win and profit calculations in determining when a game is complete.

I understand how you determined the win amount.

If there is a note that the txfee is subtracted from the win before the win is printed to the screen, my bad for not seeing that information.  

Suggestion:
Technically in accounting for the win and the profit; the win is the return from SD and the profit is where the txfee is subtracted.
For example when a bet is won on SD 50/50 the payout is 1.957.  This is "gross profit" or the win.  
I bet 1.0 on 50/50 and win; my client will show a return of 1.957
Then profit "net profit" is where the fee is subtracted from the win.

I think this approach would also build faith in your site since people would see the exact same amounts in the client and on your site. (assuming they are always charged a fee of 0.00005 0.0005. Sometimes I'm charged a gee fee of 0.0001 0.001)

I included a round where there seems to be an issue with calculating final profit for the win multiplier, but I may be missing something.

(the code box gives better columns than quote)
Code:
x x

03:29:08
Max rounds to play: 100
Initial bankroll (cash): 10
Target cash: cash +50%
Game type: 32768
Win multiplier: 1.957
Start bet: 0.01
Max bet: 3.7
Transaction fee: 0.0005 per bet
Adjustment after win: 1.33x
Adjustment after loss: 1.33x
Reset bet size after 2 wins
Reset bet size after 2 losses

Session 1 (x 100 bets) **Session profit: 5.1445109 **High point: 1.6041109 **Low point: -0.1149065 **FINAL CASH: 15.1445 BTC
Winning sessions: 1/1 TOTAL PROFIT: 5.1445 BTC
Script Benchmark: 0.00184512138366699


# lucky number bet win Profit
1 61829 0.010 -0.0104995 -0.0104995
(for round 1, shouldn't profit should be -0.01045? (-0.01bet + -0.0005txfee + 0.00005return)
since this appears to scale the 0.0000495 difference can start to add up.
ie. if the [s][s]best[/s][/s] bet was 1.0 the difference is x100 for 0.00495 which present value in USD is $0.4554 or ~$22.77 for 50 losing 1btc bets.)

2 64331 0.023 -0.0234989 -0.0339984
3 30767 0.010 0.0190700 -0.0249284
4 59717 0.023 -0.0234989 -0.0484273
5 41464 0.054 -0.0544973 -0.1029246
6 49247 0.010 -0.0104995 -0.1134241
7 20672 0.010 0.0190700 -0.1043541
8 1388 0.023 0.0445110 -0.0828431
9 41113 0.010 -0.0104995 -0.0933426
10 10538 0.023 0.0445110 -0.0718316
11 23810 0.054 0.1051780 -0.0206536
12 60525 0.010 -0.0104995 -0.0311531
13 35887 0.023 -0.0234989 -0.0546520
14 52915 0.010 -0.0104995 -0.0651515
15 139 0.010 0.0190700 -0.0560815
16 16602 0.023 0.0445110 -0.0345705
17 54275 0.010 -0.0104995 -0.0450700
18 42251 0.023 -0.0234989 -0.0685689
19 63521 0.010 -0.0104995 -0.0790684
20 13108 0.010 0.0190700 -0.0699984
21 62780 0.023 -0.0234989 -0.0934973
22 711 0.054 0.1051780 -0.0423193
23 3546 0.126 0.2460820 0.0777627
24 62524 0.010 -0.0104995 0.0672632
25 42471 0.023 -0.0234989 0.0437643
26 18189 0.010 0.0190700 0.0528343
27 35331 0.023 -0.0234989 0.0293354
28 39488 0.054 -0.0544973 -0.0251619
29 28745 0.010 0.0190700 -0.0160919
30 55346 0.023 -0.0234989 -0.0395908
31 24864 0.054 0.1051780 0.0115872
32 55682 0.126 -0.1264937 -0.1149065
33 25389 0.294 0.5748580 0.1659515
34 540 0.685 1.3400450 0.8209965
35 41261 0.010 -0.0104995 0.8104970
36 14174 0.023 0.0445110 0.8320080
37 49108 0.054 -0.0544973 0.7775107
38 33487 0.126 -0.1264937 0.6510170
39 58588 0.010 -0.0104995 0.6405175
40 3893 0.010 0.0190700 0.6495875
41 33188 0.023 -0.0234989 0.6260886
42 64000 0.054 -0.0544973 0.5715913
43 2316 0.010 0.0190700 0.5806613
44 46643 0.023 -0.0234989 0.5571624
45 24436 0.054 0.1051780 0.6083404
46 40310 0.126 -0.1264937 0.4818467
47 11081 0.294 0.5748580 0.7627047
48 51581 0.685 -0.6854657 0.0772389
49 28769 1.596 3.1228720 1.6041109 // profit does not equal the listed TOTAL PROFIT: 5.1445 BTC
WIN TARGET +50% ACHIEVED!

59  Other / Beginners & Help / Re: Newbie GPU miner questions on: April 01, 2013, 03:43:55 AM
Hi guys, im a newbie to GPU mining too and i recently downloaded the GUI miner software and read the faqs after the post, one of the faqs was to do with the GUI miner crashing, KIV wrote that if this problem happens to anyone then post up the bug report so someone can take a look, only problem is i cant post on that thread as im a newbie, my bug report is shown below, if there is any helpful feedback id love to know.

Bug Report:
Problem signature:
  Problem Event Name:   APPCRASH
  Application Name:   guiminer.exe
  Application Version:   0.0.0.0
  Application Timestamp:   49180193
  Fault Module Name:   StackHash_9e55
  Fault Module Version:   0.0.0.0
  Fault Module Timestamp:   00000000
  Exception Code:   c0000005
  Exception Offset:   00000000
  OS Version:   6.0.6002.2.2.0.768.3
  Locale ID:   5129
  Additional Information 1:   9e55
  Additional Information 2:   b6de07bb34c6f6932dc078e4af9017d1
  Additional Information 3:   a79c
  Additional Information 4:   c90e655ab54f9b3e4b586d7610ba132d


Post a link to the thread you wish this posted in, and I'll post the above data in the thread for you.
60  Alternate cryptocurrencies / Altcoin Discussion / Re: When will Litecoin reach 0.1 Billion USD total value on: April 01, 2013, 03:26:30 AM
With the silver price making a low of $28.22 per Oz = $0.87774 per gram last Thursday & Litecoin making a high of $0.8247 yesterday we are getting very close, so a small rules change, once the price of litecoins goes over $0.85 or if silver falls below $27.50 per Oz = $0.85535 approx per gram then entries on the 1 LTC = 1 gm Ag part of the competition are closed.

Then whomever picked today is the winner.  On BTC-e at exchange time 06:30 LTC reached a high of $0.8694. https://btc-e.com/exchange/ltc_usd



Not yet lol....

but soon haha

we are all super conservative with our timeframes....fucking amazing lol

Yeap. There is no winner according to post 7.

ADDED
^^^ I was looking at the exchange date of 4/1, forgot it was still 3/31 in the USA.
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