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5521  Bitcoin / Bitcoin Discussion / Re: [ANN] Coming next week-- the world's first handheld Bitcoin device, the Ellet! on: June 14, 2012, 05:50:37 PM
I don't know if this has already been mentioned but it may be good idea to add a Bitcoincard (http://bitcoincard.org/product/) radio transceiver.  As it may benefit both devices if they could ad-hoc in the same network.

Maybe if the Ellet has 3G and WiFi then Ellet's could act as a mobile gateway nodes for Bitcoincard's?

But then MNW would have to play nice with the bitcoincard guys...
5522  Economy / Currency exchange / Re: Bitcoin to Cash on: June 14, 2012, 05:49:12 PM
I'd much rather see a Bitcoin to Checks service... that way, you could issue me a new check and void the original with your bank if it gets lost somehow.

That said, I've been waiting for a service like this to pop up!

Most banks charge steep fees to cancel a check.
For real?  I thought it was a no-fees deal.  Shows how often I cancel checks, I guess...

Back when I worked customer service for bank of america it was $35 per check.  And no, we couldn't do ranges if you lost your whole checkbook.  It was either pay for each one, or wait and dispute it if any were used.
5523  Economy / Marketplace / Re: Selling Mystery Box! on: June 14, 2012, 05:44:07 PM
Hmmm... wonder what I got.  To bad I won't be home to check until the weekend Sad.  Sounds like I should bring the fiance to be on the safe side Wink.
5524  Economy / Lending / Re: 1-10 mil usd BTC loan request on: June 14, 2012, 05:42:33 PM
I knew you got really hungry when you got high, but I didn't know you got crazy too  Grin

Haven't you seen reefer madness?
5525  Economy / Speculation / Re: 4th of July BTC Bubble? on: June 14, 2012, 05:40:52 PM
Are we witnessing the run-up to the 4th of July bubble right now?  Will it be able to continue at this pace until July?

Yes... there is so much demand for silkroad drugs for the 4th of July that we will see the entire bitcoin economy increase in value by 10 million dollars.

5526  Bitcoin / Mining speculation / Re: ASIC = The end of decentralized mining on: June 14, 2012, 05:16:06 PM
All this BS about ASIC early adopters being screwed is assuming asics will only be available in massive sizes that cost thousands of dollars.  What's stopping someone from putting out a smaller device that only pulled a gigahash or so for $100?  That's what I would do if I were selling them, but then again I wouldn't be in it for the money.  I just like building shit.
5527  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: June 14, 2012, 05:13:02 PM
hey guys, go back a page where pirate addressed this
5528  Bitcoin / Mining speculation / Re: ASIC = The end of decentralized mining on: June 14, 2012, 03:45:17 AM
FPGA hardware will advance at about the same rate as GPU hardware.  Even if they only put more cores per chip, they should see the same improvements as GPUs which are doing the same: more cores per chip.  The work you're referring to is all software, has already been done, and the situation is nearly identical to GPU mining software.  Both GPU programming and FPGA programming is somewhat specialized, but I know where I got my undergraduate degree we had to code for FPGAs as part of the degree program, but not GPUs.

I just can't help but feel that the GPU market (as a whole) will move faster than the FPGA market due to demand and market size.

This will not be true as long as high frequency trading is allowed.  Investment banks provide a lot of demand in the FPGA market.
5529  Economy / Speculation / Re: Next sudden volume increase: Bitstamp on: June 14, 2012, 02:43:45 AM
I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
They need to fly by "pulling themselves up by their bootstraps"... its the joke from which the term "bootstrap" as a verb originates.

Still, your proposing a very unsatisfactory trajectory for BitFloor if you you want to fly like a chicken.
5530  Economy / Services / Re: Will answer any question about physics/math for BTC tips on: June 14, 2012, 02:39:01 AM
Thanks... One thing that's always bugged me: why does the gravity equation use radius squared when electric field calculations use radius cubed?  I was taught the cubed was because it spread out in three dimensions, but doesn't gravity also spread though 3 dimensions?

1. to keep this universe in balance so all matter doesn't collapse into nothingness like all the other universes,
2. because gravity is really the bending of space-time and not a force,
3. because you need some easy force math before we make you learn the quantum chromodynamics Lagrangian,
4. thee flying spaghetti monster designed it that way so that pasta-like strings of matter join together in meatball-shaped clumps in her noodly image.

Electrodynamic force also scales with 1/r2, and it is due to exactly the same effect (spreading out into 3 dimensions) as with gravity. I.e. the total force exerted on a shell around the central potential is the same, regardless of how big that shell is (since the area of a shell is proportional to r^2).

http://en.wikipedia.org/wiki/Coulomb's_law
http://en.wikipedia.org/wiki/Newton's_law_of_universal_gravitation




Well look at that... I wonder where I got that r^3 at?
5531  Economy / Speculation / Re: Next sudden volume increase: Bitstamp on: June 14, 2012, 02:34:02 AM
I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
Chicken, egg, meet bootstrap. Now fly!

Chickens don't have the proper physiology to fly more than a few feet.
5532  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 14, 2012, 02:33:19 AM
Buy a mac laptop for the hardware, then remove the OS Cheesy
Or buy an ASUS...

The transformer is very tempting for toting to class.... a bit small, but it's hard to beat 10 hours of battery for the price and weight.
5533  Bitcoin / Press / Re: 2012-06-14 zdnet.com.au - Bitcoin safer than the euro? on: June 14, 2012, 01:40:56 AM
Quote
A bitcoin exchange was hacked in June last year, resulting in around 500,000 bitcoins being stolen...

That's not how I remember it.

Me neither.
5534  Economy / Speculation / Re: #1 most popular Bitcoin Price Forecasts (subscribe here: bitcoinbullbear.com) on: June 14, 2012, 01:38:32 AM

runaway train's tend to crash.
unless the track never ends Huh

make track go in circle?

centrifugal force man

Make it a big circle:
5535  Bitcoin / Mining speculation / Re: ASIC = The end of decentralized mining on: June 14, 2012, 01:37:25 AM
It'll certainly be variable - I don't think anyone is arguing that it won't be.  But cablepair was trying to make the argument that, unless electricity was free, there is no way a GPU would be more profitable than an FPGA miner.

Now, I suppose that might be true down to the fractions of a cent for electricity if some level of difficulty increase was assumed, but assumptions are dangerous - difficulty is still in roughly the same spot as it was 10 months ago.

I agree.  I would also add that once ASICs hit the market, I would expect there to be less development efforts being made on the FPGA front for Bitcoin mining given the cost / performance ratio of ASICs.  GPUs however will continue to evolve, drawing less power and putting out more performance.  So as GPUs continue to develop, I wouldn't be surprised to see GPU performance surpassing FPGA hardware, as it no longer is actively developed.  So GPUs could actually become more viable than FPGAs.

Just my thoughts though, and I'm sure someone will tell me why I'm wrong Wink

FPGA hardware will advance at about the same rate as GPU hardware.  Even if they only put more cores per chip, they should see the same improvements as GPUs which are doing the same: more cores per chip.  The work you're referring to is all software, has already been done, and the situation is nearly identical to GPU mining software.  Both GPU programming and FPGA programming is somewhat specialized, but I know where I got my undergraduate degree we had to code for FPGAs as part of the degree program, but not GPUs.
5536  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 14, 2012, 01:22:37 AM
It would be fine on my desktop, but I spend more time on a laptop these days Sad.

Liquidate some of your bitcoins and buy one of these.

I do need to get a laptop for when I start back to school, but I don't know about a Mac.  I could put Linux on it, and the retina display would be nice, but after I was forced into an iPhone for a previous job (they decided they wanted an iPhone app half way through the project) I developed a strong distaste for everything Apple.  I suppose most of my complaints are with the poor software quality and lockdown/lockin policies though, so maybe it would be okay after I blow away OSX.
5537  Bitcoin / Bitcoin Discussion / Re: [ANN] Coming next week-- the world's first handheld Bitcoin device, the Ellet! on: June 14, 2012, 01:13:47 AM
no, there is simply not enough to do any kind of speculation.

What about wild speculation?
5538  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 14, 2012, 12:36:30 AM
It would be fine on my desktop, but I spend more time on a laptop these days Sad.
5539  Economy / Speculation / Re: Next sudden volume increase: Bitstamp on: June 13, 2012, 10:59:52 PM
I think BitStamp is a good choice for traders in Europe. For those in the US, I think BitFloor is a better option. The reason is how easy or difficult it is to send fiat currency to these exchanges. BitStamp offer SEPA for both deposits and withdrawals. BitFloor offers ING Direct P2P and PopMoney for deposits and ACH transfers for withdrawals.
I just wish Bitfloor had more volume...!

Chicken... meet egg.
5540  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: June 13, 2012, 10:18:27 PM
hey guys, add a width=800 to your img tag, unless you like horizontal scrolling...
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