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461  Other / Politics & Society / Re: Solar Roadways... on: June 09, 2014, 05:09:33 AM
as Ron said there is the disposal issue while with wind turbines there is not

The disposal issue is a minor one. The technology has advanced very much these days, and it requires just around 100 sq. km of barren land to contain the entire nuclear waste generated in this earth for a 100-year time period.

How come Big Coal doesn't just take over nuclear and enjoy a more profitable revenue stream? yes their old market might be cannabalized but I just don't understand...is it to milk what they can over their investment in coal lobbying before doing so?  Huh

There is still several hundred years of known coal in the ground and given the general public's appetite for nuke versus dirty coal, for some weird reason they keep picking dirty coal....
462  Other / Politics & Society / Re: Solar Roadways... on: June 09, 2014, 05:07:54 AM
as Ron said there is the disposal issue while with wind turbines there is not

The disposal issue is a minor one. The technology has advanced very much these days, and it requires just around 100 sq. km of barren land to contain the entire nuclear waste generated in this earth for a 100-year time period.

Nuke power then put it on a one way rocket to the sun every 50 years or so...
463  Bitcoin / Mining support / Error trying to wake notifier... on: June 08, 2014, 11:24:17 PM
My experimental Jally has run solid for at least 6 months, turned it on today using my standard setup and bfgminer spat out 'Error trying to wake notifier'. BFG reports mining is in progress @ ~11GHs but not finding shares.

Is my Jally dead?

Ideas?
464  Bitcoin / Bitcoin Discussion / Re: [News] Win the Bitcoin Car or $10,000 in Bitcoins! on: June 08, 2014, 11:23:10 PM
Bring the car to Australia...  Smiley
465  Bitcoin / Mining software (miners) / Re: Error trying to wake notifier... on: June 08, 2014, 10:43:58 PM
My expirimental Jally has run solid for at least 6 months, turned it on today using my standard setup and bfgminer spat out 'Error trying to wake notifier'. BFG reports mining is in progress @ ~11GHs but not finding shares.

Is my Jally dead?

Ideas?


Yes, it does connect to my regular pool.
466  Bitcoin / Mining software (miners) / Error trying to wake notifier... on: June 08, 2014, 10:42:17 PM
My expirimental Jally has run solid for at least 6 months, turned it on today using my standard setup and bfgminer spat out 'Error trying to wake notifier'. BFG reports mining is in progress @ ~11GHs but not finding shares.

Is my Jally dead?

Ideas?

467  Economy / Speculation / Re: Do you really believe that Bitcoin will hit 1,000,000 on: June 08, 2014, 10:34:25 PM
Given it rose from $2 to $1k in 2 years, a rise of 500%, if a linear extrapolation was applied, ignoring circumstances, then $600 per BTC would rise to $300k in mid 2015. Only 2.5 rise after that to get to $1M.

As for scenarios to rise price that quick, there are a lot on this forum including;
1. adoption for multinational corps transferring wealth across borders
2. 1st world population adoption by the shopping public to avoid institutional fees (bank fees)
3. 3rd world population adoption as easier than establish 1st world style infrastructure
4. Govts, like Canada (see their crypto-experiment), go of paper fiat to fully digital currencies.

So as for the question of $1M being plausable, yes, but over what time frame, I would like to think within another 5 years.
468  Bitcoin / Bitcoin Discussion / Re: Do you USE your BTC? on: June 08, 2014, 08:34:55 AM
BTC direct sites are fairly rare in Australia however you can buy off-road buggies or convert to a govt issued (postal service) vanilla VISA card and fill it BTC <> fiat
469  Bitcoin / Mining support / Re: Solo mining RockMiner R-Box on: June 08, 2014, 04:43:33 AM
change your port from 8332 to another such as 9000.

I think if you use 8332 as per the standard interface, cgminer might still look to the WWW connections via the wallet...I changed mine to another non-used port and works fine
470  Bitcoin / Hardware / Re: MinersCube ... Anybody place an order ? on: June 08, 2014, 04:38:30 AM
Never heard of them before and no web presence...bye bye BTC if ya bought
471  Bitcoin / Bitcoin Discussion / Re: What stops a Federal Reserve crypto scheme of their own? on: June 08, 2014, 04:00:08 AM
people not wanting it, because it's controlled on the federal level?

But nothing is stopping them from creating a myriad of viable sleeper cells from creating their own coins for whatever purposes.

They can't even build a healthcare website. How in the world can they build and then market a crypto currency? 

The govt. can't organize anything  efficiently which is why I tend not to believe conspiracy theories
472  Bitcoin / Bitcoin Discussion / Re: Is bitcoin ready for the mainstream? on: June 08, 2014, 01:14:20 AM
No way in hell.

For Bitcoin to be mainstream ready, people shouldn't even have to know what the blockchain, cold storage, or public key cryptography are.

here here...BTC needs to have a front end that Joe public can use without the need to understand any of the technical aspects. e.g. do ppl know how VISA does short term money market deals in order to use a credit card, the answer is no
473  Economy / Economics / Re: (SSS) - A Sane and Simple bitcoin Savings plan on: June 08, 2014, 01:11:16 AM
Hi rpietila,

congrats on a great savings plan. Really nice one.  Smiley


I have another one if you would like to comment. It is intended for people who already save some money every month.
They could save a small part of that (say $100 per month) into bitcoin.
The difference would be that they wouldn't have to suffer inflation but rather deflation for the bitcoin part of their savings.

If for example over a 30 year period we have 5% yearly inflation, while bitcoin has 3% monthly deflation (being ultra conservative here),
the difference after 30 years would be astonishing!!!

Please feel free to comment. Or whoever else wishes to.



Can someone do up an example of this scenario with US$1K over 10 years?

Just go here: http://bitcoinsavingsplan.com/ and play with the numbers. Best easiest and fastest way to learn and get a feel for this.

thnx...nice lead
474  Other / Politics & Society / Re: Rand Paul plans heavy summer travel, foreign-policy speech on: June 08, 2014, 01:09:38 AM
Quote
By MIKE ALLEN | 6/7/14 1:57 PM EDT

Sen. Rand Paul (R-Ky.) is helping open a “GOP engagement office” on Saturday in an African-American area of Louisville, part of a frenetic summer schedule aimed at reaching beyond the party’s traditional base, with explicit appeals to minorities and young people.

In late summer or early fall, Paul plans a major foreign policy address that will give him a prime chance to close a gap with establishment Republicans that has been perhaps the biggest hurdle to acceptance of Paul by party elites.

The itinerary will bolster the widespread view among Republican leaders that Paul is doing the most visible spadework of the party’s potential presidential candidates. As a sign of his advanced planning, the senator told AP that he would consider running for reelection and president at the same time, and that a Kentucky ballot law against dual candidacies would not be an obstacle.

Paul, who has traveled to 30 states in the past 12 months (including three trips to the early-presidential-voting South Carolina), showed his flair for unlikely venues by drawing a standing ovation in Berkeley in March.

“I think there are a lot of issues,” Paul told POLITICO in an interview, “from economic development to schools, to criminal justice, that there’s a message that a lot of us are talking about that, if people can embrace it with an open mind, will really, frankly, say, ‘What have the Democrats done for me lately?’”

Next weekend, Paul will be one of several 2016 hopefuls who will address a summit organized by Mitt Romney in Park City, Utah. At the end of July, the senator will speak to the annual Urban League National Conference in Cincinnati. From Aug. 16 to 21, he’ll do pro bono eye surgeries in Guatemala.

More...http://www.politico.com/story/2014/06/rand-paul-summer-travel-foreign-policy-speech-107558.html
This Bull on Parade gets around and there's no one doing what he's doing in terms of trying to rebrand the GOP into a national winning party again. Can't wait to max out to his Presidential run like I did for his old man. Cool Keep your powder dry and growing, yall.

Given the USA centric viewpoint of a lot of posters here, can we assume this affects the USA and oil holding nations only?
475  Bitcoin / Bitcoin Discussion / Re: 90 BTC stolen! on: June 08, 2014, 01:07:24 AM
lesson learnt...use a relatively cold storage device such as an old, not used often laptop OR only fire up your regular PC wallet when you want top conduct a transaction
476  Economy / Economics / Re: (SSS) - A Sane and Simple bitcoin Savings plan on: June 06, 2014, 06:27:37 AM
Hi rpietila,

congrats on a great savings plan. Really nice one.  Smiley


I have another one if you would like to comment. It is intended for people who already save some money every month.
They could save a small part of that (say $100 per month) into bitcoin.
The difference would be that they wouldn't have to suffer inflation but rather deflation for the bitcoin part of their savings.

If for example over a 30 year period we have 5% yearly inflation, while bitcoin has 3% monthly deflation (being ultra conservative here),
the difference after 30 years would be astonishing!!!

Please feel free to comment. Or whoever else wishes to.



Can someone do up an example of this scenario with US$1K over 10 years?
477  Economy / Economics / Eurozone offically trials deflationary policy on: June 06, 2014, 05:49:40 AM
http://www.news.com.au/finance/european-central-bank-enters-unchartered-territory-with-negative-interest-rates/story-e6frfm1i-1226945803950

Eurozone offically trials a deflationary policy with the ECB interest rate set at 0-.1%. Effectively penalising any banks for leaving money in the banking sector rather than loaning out to companies or people.

Are they taking a leaf out of the deflationary backbone of some cryptocurrencies?
478  Bitcoin / Development & Technical Discussion / Re: Taking Down Bitcoin on: June 06, 2014, 03:04:52 AM
I think an organisation, government or non, would rather harness the economic clout of BTC rather than kill it - assuming they are prepared to got the lengths outlined in your scenario.
479  Other / Beginners & Help / Re: How Do You Buy BTC? on: June 06, 2014, 02:18:24 AM
In Australia I use CoinJar for buy and sell
480  Bitcoin / Bitcoin Discussion / Re: Is bitcoin ready for the mainstream? on: June 06, 2014, 02:14:03 AM
An 'all in one' wallet would go a long way to helping smooth out integration of different coins.

Ideas;
1. Split the wallet into a few sections with each area being used for their particular 'benefit'.  e.g. a set of tabs for each crypto-coin, a 'home tab' summary' and another tab that provides a 'Joe public' dot point guide on advantages for each coin
2. Provide direct link of wallet to users choice of exchanges for conversion between wallet compartments e.g. BTC > LTC via a user defined exchange which operates an immediate BUY<> SELL


Anymore thoughts? Lets make a brainstorming session and punch it up for development consideration...
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