The Galactic Milieu game has lots of currencies. If no one backed bitcoins with any dollars or yen or botcoins or BBQcoins or Litecoins or gold or platinum or nickel or whatever, bitcoin likely would not be worth as much as it is worth today. It takes many ingredients to make a 4-course meal. Those other assets are not as liquid as Bitcoin, but I would not say they are all desireable ingredients, unless you are French.  |
|
|
|
The prospects of large ASIC miners coming to town drove many to the LTC's side of fence.
It proves a truly distributed money creation (mining) is important to a cryptocurrency.
It is possible that mining Bitcoin will become an elite privilege while mining scrypt type alternate coins will become a commoners profession. Something to think about. |
|
|
|
I'm glad to hear publicly outspoken positive bitcoin-talk, but this guy is annoying to listen to. I couldn't listen past the one minute mark...
what's up with you? *shouts at top of voice* KILLL THE BANNKKKSTERRRRS! Look, I'm all for killing the banksters! But if you're making a youtube video and you're not going to boast your agenda, at least do it with class... That's just his gimmick. |
|
|
|
|
I'm looking at the price of LTC and see it as a way to repurpose my old GPU rig. If nothing else, I can trade LTC for BTC. There are probably enough "get rich quick" speculators to drive the price of LTC a little.
|
|
|
|
|
I am waiting to be verified on BTC-E to buy some LTC for BTC just to have some. Maybe 200 LTC.
|
|
|
|
I find that few people, even some devs understand the philosophical nature of money and how the Bitcoin network operates socially. The discussions are good. Don't make them personal.* Except against libertarians. |
|
|
|
Is there somewhere I can download a signed copy of the webpage to run offline? I am skeptical of having to load it every time and not being technical enough to review the code.
I use bitaddress.org saved to my desktop and offline. I don't see why you can't do this with brainwallet. |
|
|
|
|
Are usage tokens pre-mined? Are usage tokens similar to XRM on Ripple?
|
|
|
|
|
I changed to
device 0
device 1
now I have 197kH/s
edit: after a reboot getting 400 kH/s
I'll play around with the OC sometime to see if that helps.
|
|
|
|
I have setup reaper. I have 2 5830s. I'm not sure how to configure 2 GPUs for mining. I am getting about 96kH/s. I have the GPUs bridged. Does anyone have an example of the config files for 2 GPUs if there is a difference?
Post your reaper.conf and your litecoin.conf settings and we can help, you should be at 650+khash litecoin.conf host ltc.kattare.com
port 9332
user xxx
pass xxx
protocol litecoin
worksize 256
aggression 13
threads_per_gpu 1
sharethreads 18
lookup_gap 2
gpu_thread_concurrency 4096
reaper.conf kernel reaper.cl
save_binaries yes
enable_graceful_shutdown yes
long_polling yes
platform 0
device 0
mine litecoin |
|
|
|
|
I have setup reaper. I have 2 5830s. I'm not sure how to configure 2 GPUs for mining. I am getting about 96kH/s. I have the GPUs bridged. Does anyone have an example of the config files for 2 GPUs if there is a difference?
|
|
|
|
To be considered pump and dump one has to spread falsely positive information, now, there is no way I can find out if the OP tells the truth(I give him benefit of the doubt), but there is hardly any false "inside" information you can spread about bitcoin itself, everything is there for everyone to know.
I'm not sure what to make of this. Okay, I fold. I was anyway thinking of increasing my BTC stash by about $50000. Then came the correction and I was salivating at the idea of being able to buy at $30-$35. I didn't sleep at night, just waiting and waiting and spreading FUD... Then it started going back up from $45. If you look at the daily chart, there is no correction. Just going up and up. Of course there will be dips and some day there will be crash for sure. The dips, such as the one two nights ago, will take us back maybe 3 days' worth of gains. The crash will nullify the gains of maybe latest 1-2 months (like the one in 2011 did). If you know what we all know, it makes pretty little sense to do anything except all in (leave enough in silver that you can live comfortably if BTC goes to 0, of course). I am planning to do just that in the coming weeks and I still hope for $30-$35. Today was the deciding factor - up until today I thought there is some coins in the bears' hand that they can sell. Today I realized that the number of bears increased just because more and more people that speculatively sold already, and USD is now burning in their hands. BTC is going up long term for sure. The bears will buy back or be forgotten. Sorry fella bears that I put the buy orders there. My friend told that I will hurt the ability to buy, if you show it, but I don't know how to use bots  Sorry also for the mini runup. I was panicking |
|
|
|
+1 for having a USB A male connector, usb extension cables are easy enough to get if needed, and I can't imagine it'd cost /more/ to use that type of connector vs a female B type.
The price of the connector was never an issue. USB A male connector has more disadvantages than advantages so I don't think we'll change it from USB micro B female. Female connector requires a cable. Male connector enables direct connection to PC, and if space is too crowded a cable can be used. What are comparative disadvantages of the male connector? This is an early design of what may one day be wireless. It would probably be best to use a cable, possibly as a lanyard for the device. A cable will be a cheap replacement if the connectors wear out. |
|
|
|
Isn't this kind of stuff disallowed from the forum? Sounds like pump and dump
Ya think? |
|
|
|
|
Absolutely. As an experienced precious metals dealer, you of all people know a good thing when you see it. In fact, I am surprised that you are also not considering switching your business to becoming a Bitcoin dealer rather than dealing with all those diverse metals. What a great post. You sir, are a true visionary. My advice is to lead by example and go all-in yourself as well since you don't see any reason against your client doing so.
|
|
|
|
Yes, let us focus on Satoshi Dice and make them change their ways so that we can ignore this "flaw". The flaw is miners neglecting their job to filter out spam. Do you have a solution to force miners to care about Bitcoin in the long-term? I'm all for better solutions, but so far I've not heard any. Let me see if I understand how this will play out. Eventually only very large mining operations will be profitable. They will police each other by agreeing to accept each other's spam-free (or at least within a tolerable threshold) blocks out of necessity by branding (i.e. VISA/MC) their blocks. There will be the temptation to take the transaction fees anyway, but it will be balanced against the speed their blocks will be verified. Merchants that subscribe to mining operations to clear their transactions will prefer the fastest block verifications. |
|
|
|
|
He was already rich having a partner-in-crime like Stacey Herbert.
|
|
|
|
|
Let's call this rally the Kutcher Effect. It may be short lived, but if the devs (and the wannabes like me) keep the innovations going, the hype cycle will continue.
|
|
|
|
I can just picture some Wall Street veteran hedgie reading this article and seeing all the steps needed to protect a bitcoin investment and then after looking up how Shamir's Secret Sharing Service works thinking that maybe March 2013 would be a good month to enter retirement before it gets just too complicated.
Hahahaha man that cracked me up.  The timing is auspicious. Bitcoin could hasten the end of crony capitalism as the rats jump off the burning ship and Bitcoin becomes a pro tip for the flying monkey right. |
|
|
|
|
I know who Dvorak is. For Dvorak to criticize and characterize Bitcoin the way he does is not at all a "No Agenda" format. He's the Rush Limbaugh of the tech industry.
|
|
|
|
|
Show Posts
