That is true. As long as you don't generate a bunch of new addresses with that wallet and/or send coins with it, you can access all the coins it received with an older backup.

Miners provide computing power to the network at the cost of electricity and hardware. If there was no return there would be no one mining. You would have to mine yourself to maintain the system, in which case you have to pay for the hardware and electricity yourself. In the late future, you'll even be able to witness miners turning down blocks that don't have adequate transaction fees attached.

they got that fruit restaurant au "quatres temps" but hell it's disgusting xD

Actually, they'd lose their nation's wealth, since they can outright print money

I can show up too

Yet that discussion is central to your original assumption. Bitcoins aren't enforced by anyone. There is no government telling you to pay taxes with Bitcoins and making sure those taxes are payed. Every one using Bitcoin endorsed it willingly, the same as everyone using gold or silver did.

Now, can I opt not to participate in your RBE? I mean, since you're resource based, that I own some resources and you people do not respect private property, how am I not to participate in your system if I wish not to? If i can't extract myself and my ressources at will from your system, then you are enforcing it on me. If I can leave but I have to let you keep my wealth, then you are stealing it from me.

You people need a reality check. Any rule is by definition enforced.

So your system is promoted because we have to beat the cop behind our back to allow your will to rule the planet, and Bitcoin is enforced cause we freely endorse it?

I don't understand your point with the rate of adoption. Gold and silver are at their highest in history, and naturally the demand is at its highest too. Your theory about hoarding is inconsistent.

You assume every early Bitcoin adopter would hold onto their Bitcoins for dear life. First of all, this is false, for the volume of daily trading on MtGox is consistent with daily Bitcoin production. This indicates most miners resell their earned Bitcoins. Then, holding onto Bitcoin has a reason to it, that it gains in value with time. This gain in value is due to increased demand. Yet, you propose that the demand will fall when new comers will find themselves unable to acquire Bitcoin, for all the coins have been mined and the miners won't put their earnings on the market. But then won't the price fall, since the demand is shrinking. And then do you expect those Bitcoin "hoarders" to just sit there and not sell?

But even with a constantly high demand, there will still be Bitcoins for sale. Consider gold, and how it is readily available for purchase all over the world. Obviously those gold merchants are making a better profit off of selling gold to the "hoarders" than by hoarding it themselves.


Well, if miners had control over the difficulty, they could easily inflate the currency by reducing the difficulty. On the other hand they wouldn't be able to shrink the existing Bitcoin supply, so their only way to deflate the currency would be to slow down the production. As such they could perform the same scam that banks are running on the Treasury bonds: Speed up the production to render the Bitcoin dirt cheap, by out the market, then halt the production, wait for the price to climb and sell for dollars on the penny.

You didn't answer his question. How does Bitcoin limit poeple's access to resources?

Also the basis of markets is utility, and the basis of utility is survival.

You can just swap your monitor to it. I think that a card is activated and the miner is running you don't have to it plugged anymore for it keep going.

You don't "have" to take it out. As long as you know where the problem comes from and that your hardware isn't exposed to some sort of risk, you can then choose between better gaming or better mining.

I know of someone who had a somehow similar problem: with crossfired card, the slave card wouldn't run at 99% load on -f1, but fluctuate instead. Taking off the crossfire bridge and running the 2nd card independently fixed it. I guess you could try and test both your cards running at -f1. If the slave won't run at max load then you know where the problem is coming from.

well give us details then. What OS are you on, what are the cards, are they crossfired, what are your gpu loads on both?

Comon man, can't you get angry n stuff, i was hoping for a flame war 

you need to reread my post smart guy....

What's this obsession people have with the concept that a commodity can't hold value unless some merchants endorse it? If the price of gold was determined by its actual use in the industry it would barely be worth over $50/oz. There are countless merchants that will buy and sell gold under various forms yet all of their effort combined for a century could not drive the price of gold to $1400/oz.

I think in the mid term a smart phone compatible Bitcoin client and the multiplication of public wifi nodes would be a first solution to this problem. It will certainly need a more secure system later on though.

That's kinda how pools work in paying their miners. If you don't want to set up such a system, I guess you could make an account for person B with his address to receive the rewards and run some of your mining power for it.

Ok Mansy!


Considering the first thing you learn about Bitcoin is that it is decentralized, I guess this guy is a troll and I fed him. Mea culpa.

Indeed. Anyways, do you have extra data to share on the 6990, like power consumption, how low can the ram be underclocked and what not?