Quite simple: greed.

Free shipping, that's nice 
Now come to daddy, you BTC!

1NA4sMFjgTvrY8GX6nho9BKASY8DeKHsWL

Hi DeepCeleron,

I quit using SierraCharts for a few weeks, as the old data feed was in trouble, and neither could I get one of your first versions to work properly. Just came back to this thread and I am happy to see that you have done a great job. Thanks also for the SCID uploads with full history (might it be a good idea to keep doing so, e.g. on a monthly or weekly basis?) .

All this is of great help, and I thank you for that.
THUMBS UP FOR YOU !!!  

1 @45

Ok, thanks for pointing that out to me. In other words - it is a race to the top for those people that are mining BTC.

Thinking about your remarks, I also realize that this ASICMINER currently on bid, will reduce to about 1/10th  1/12th of 10Gh/s. So it will be sitting at maximum at a comparative rate of 1Gh/s in August. Somewhere else in the thread, I read that a price at 70BTC would mean that it would take about 4 months to recuperate the total investment (with unchanged difficulty). That means approximately in August. (If the final bidding price is lower than 70BTC, the break-even point would be reached a bit earlier, of course)

In other words - it will take several months to break even. By that time the hashing power of the miner is way down. Hm. That makes me ponder... would it really generate enough BTC's by that time? ....  

(Economically speaking, there are also opportunity costs IF.. the BTC would remain upwards trending - the opportunity costs being the not-realized profit should I've kept those 50 BTC in pocket). Hm...

Any thoughts?

Hi all, I'm new to mining, want to get started. What I am confused about is this: why would I bid (up to BTC 50 or maybe even above) for this ASICMINER product (at 10Gh/s) whereas the butterfly at 5Gh/s goes for USD 274,- in their webshop?

Yes - I am already aware that BFL has LARGE back orders. But is that the ONLY reason why these ASICMINER blades are way more expensive?
Or is there something else I am missing (technically speaking, as said - I'm a newbie)?

Any help appreciated!
Thanks!

Hi, using Bitcoin-QT for that. On a severely secured PC. And once I don't need my bitcoins, the wallet.dat file is removed, since I do not want any excess vulnerability as to my wallet.

For this very same reason I'm not using any mobile wallet, nor any web wallet.
I don't trust other parties with it.

Actually - laughable. Why not buy Atlantis right away? 

Hi, thanks for your great help. This solves the downloading issue.
But wel.... the feed isn't currently adding from April 14th onwards anymore, it now starts at April 20th  / the current date.

Could you perhaps upload an updated SCID version, till let's say April 19th?

I'd appreciate your help very much!

Thanks in advance,
Willy

I second that - I'm also experiencing this problem. If only we could delete a part of the data from the datafile, then the bridge would re-download those old (missing) quotes. However, opening the data file is not an option (no ASCII based file).

Any solution would be very welcome!

Hi,

I'm not seeing any matrix stuff. Might it be some cache on your machine?
Sorry can't help, but I'd be very wary of a computer behaving this way. Would an MBAM fully system scan be wise?

You're misinterpreting the small bubbles you're seeing (and hearing) :  ... they represent the actual transaction size in BTC, not the BTC/USD trade price.

Hi, I've never had problems with MtGox either.
Just make sure you are not exceeding your daily limit (yet, before getting verified).

PS: I would not transfer my money (at the moment of writing this) to Bitstamp, since at Bitstamp you will be paying an "above" price for your BTC compared to MtGox. This easily adds up to $5 per BTC.

Thank you for the info.
I will read through the 111 pages of replies later on 

I don't expect that to happen. Central banks won't use it as a reserve currency.
A certain crypto-currency will, in the end, emerge as an alternative to other money.

However, beware:
* that may not be Bitcoin (though I'd like to see that happening)
* currently, much of the Bitcoin participants are looking at it from an investment standpoint of view. In other words: BTC is being treated as commodity, NOT as money. The "moneyness" of BTC is not there yet. (Surely, I will now be inducing some outrage amoung BTC-"believers")

Take care,
Willy

Hi all,

There is a lot of talk about LTC coming to MtGox. I have no information, whether MtGox would do so in due time, and I am not willing to enter into the rumoring that is going on. I just want your opinion, since being able to trade LTC through MtGox may have serious impact on the price of BTC as well, as BTC holders may be pulling out money from BTC into LTC. (On the price effect on LTC : please see the other poll).

Give your best shot at your vote,
Willy

Hi all,

There is a lot of talk about LTC coming to MtGox. I have no information, whether MtGox would do so in due time, and I am not willing to enter into the rumoring that is going on. I just want your opinion, since being able to trade LTC through MtGox may have serious impact on the price of LTC (and on the price of BTC as well, see the other poll).

Disclaimer: actually, there is too much of rumoring about all this, IMHO by nitwits that think they can pump the LTC price  .
I am looking at it without prejudice: if LTC is "the next" thing, it will hurt my BTC holdings. On the other hand, I am perfectly fine with rising LTC prices as well, as it will only add value to my above-average LTC position.

Give your best shot at your vote,
Willy

Well, like others I finally realized, after numerous clicking, that there are special rules involved as to getting any "reply" button.
Albeit being a bit of an annoyance, I can understand this policy. I've seen board getting messed up big time without such policy.

So - let's roll and get this user account going!

Cheers to you all,
Willy