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I informed my lover, of Bitcoins. She seems to like it.
I informed my lover-of-bitcoins. "She" seems to like it.
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I informed my lover of Bitcoins. She seems to like it.
This statement can be taken in more than one way. |
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I'll spell this all out for you. The only reason that SilkRoad would institute a referral system now is to keep snooping feds out. If anyone is giving away invites to newbies on this forum, that defeats the purpose. Thus any such invite that you get from this forum is more likely to be a fed sting op than the real deal.
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I'm sure as soon as something materializes most of the pool operators will say no thanks. I'd be just as easy if deepbit would publish the full blocks on some automated site for archiving. This way, anyone that was interested enough to check could go look and see if the blocks look honest and if they match what the pool has been working on. |
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Also, 50% is not really tipping point, right? You could run doublespends at 45% or whatever just with less chance of success.
No, not really. Having 51% of the total network hashing power only gives you about a half a percentage point of success, it just makes it possible. Even with 51%, a double spend is pretty hard to get away with. |
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OMG i feel sooooooo lonely as a 15-year-old Bitcoin girl...  You're not alone, most of the women on this forum don't advertise that fact. So other assume they are male by default. |
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You are correct. All around, it's better to mine solo.
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Even in the land of the free, the free man is a criminal.
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Is there anything that prevents a developer from tweeking the gpu miners to run on game consoles? Thus creating a 'Wii' pool and a 'PS3' pool, etc?
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Nope. Difficulty snaps to keep pace with price. The more valuable bitcoins are, the more people want to mine. Pretty simple, really.
Well the wiki says diff adjusts to the time it takes to find a block, and the more hashrate you throw at guessing for it, the more likely it becomes. Thus it seems to me that it's the hashrate increasing difficulty, lest I completely misunderstood what's in the wiki. I assume you saying "more people" is a roundabout way of saying more total hash per second. You completely misunderstood. |
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Trying to connect to Silk Road I get a blank page. Is anybody else experiencing the same problem? Viewing the source, I get: <span style="float:right"><form action=" http://ianxz6zefk72ulzz.onion/index.php/hidden/login" method="post" accept-charset="utf-8"><span class="flashdata"> </span><span class="flashdata"> </span><br /><input type="text" name="user" value="" /><input type="password" name="pass" value="" /><input type="submit" name="submit" value="Go" /></form></span> Have they been busted by Law Enforcement already? Why does this keep coming up? No, Tor is unreliable by it's nature. It's very unlikely that the feds could isolate Silk Road's server and less likely that they are stupid enough to put it where the feds can get to it. |
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"the Internet is a passing fad
that will go the way of the BBS."
-By Bill Gates circa 1995
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successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
I'm now looking forward to the day I can travel to a third world nation an buy an AK-47 with bitcoin. |
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Hang on to your broken wallet.dat data. Protect it as much as you would if it were not broken. I lost 62 bitcoins in an experiment involving a thumbdrive back in November, but only recently was motivated to attempt to fix it. They can be repaired by the right skillset.
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What time did the difficulty go up? Anyone have an idea of what kind of time delay there was between the two?
It doesn't matter. The difficulty has no bearing on the market price, he's just confused about cause and effect. Supply and demand? Not sure if that has any relevance, just a thought Really? You guys need to stop and understand the system before you speak. Heh, it was just a wild guess  Im still learning about the system At least you could admit that. Difficulty affects what an individual miner can earn in a day, but not the overall supply. There is 7200 new bitcoins created each day, regardless of the difficulty or the market price. This will cut in half in January of 2013. |
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What time did the difficulty go up? Anyone have an idea of what kind of time delay there was between the two?
It doesn't matter. The difficulty has no bearing on the market price, he's just confused about cause and effect. Supply and demand? Not sure if that has any relevance, just a thought Really? You guys need to stop and understand the system before you speak. |
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It doesn't matter. The difficulty has no bearing on the market price, he's just confused about cause and effect.
I used to be able to make 1 BTC a day. I was fine selling that BTC for 8$. I now barely can generate 0.3-0.4 BTC. I want at least 20$ per BTC I produce now. How is difficulty not having a direct effect if it means more time required for me to produce a BTC and accordingly asking the same price per time unit and thus more price per BTC unit? You don't get to choose the market price, only the price for which you will sell. The market price drives difficulty, not the other way around. If you couldn't make what you wanted anymore, what would you do? Drop out? All else being the same, this would result in a drop in difficulty (no matter how small) thus making it easier for others to mine enough to profit. The difficulty tends to follow the price by a 6 week lag. Whatever feedback that difficulty has upon the price is so small as to be ignored. |
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BTC is going over 24.30 now :/
And back down. |
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What time did the difficulty go up? Anyone have an idea of what kind of time delay there was between the two?
It doesn't matter. The difficulty has no bearing on the market price, he's just confused about cause and effect. |
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