13.5 + 52 = 65.5 by year end
I wouldn't be surpriced.
Bitcoin was up 288% in 2012 which means a target price of $50 in 2013 is achievable. Repeat after me: Past performance does not guarantee future results. Repeat after me: I took this quote out of context. Repeat after me: I can double my bitcoin by playing S.DICE Repeat after me: I can lose all my bitcoin by playing S.DICE Repeat after me: Repeat after me Repeat after me: I need to quote this for no reason Repeat after me: have to stop to smoke ganja Repeat after me: I'm wasting my precious time in pointless stuff. Repeat after me: PROOF OF LURK Repeat after me: Usenet called, it wants its cascades back. Repeat after me: I am building a giant-ass pyramid. Repeat after me: I am building a giant ass-pyramid. |
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Whilst "neat", does anyone actually think this really means anything?
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Parity with one pound (16 oz) of silver. That would mean BTC wiping out centuries of depreciation in the oldest currency the Pound Sterling (GBP) in a matter of a few years. Or to put it in another way parity with what a GBP used to be worth.
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13.5 + 52 = 65.5 by year end
I wouldn't be surpriced.
Bitcoin was up 288% in 2012 which means a target price of $50 in 2013 is achievable. Repeat after me: Past performance does not guarantee future results. Repeat after me: I took this quote out of context. Repeat after me: I can double my bitcoin by playing S.DICE Repeat after me: I can lose all my bitcoin by playing S.DICE Repeat after me: Repeat after me Repeat after me: I need to quote this for no reason Repeat after me: have to stop to smoke ganja Repeat after me: I'm wasting my precious time in pointless stuff. Repeat after me: PROOF OF LURK Repeat after me: Usenet called, it wants its cascades back. |
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There was an interview with a regular contributor on the Ralph Bristol show this morning. Missed a lot of stuff but the interviewee seemed reasonably well informed.
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Are there any systems you're aware of that are designed to protect an entire structure? Since we're building a new house it would be nice if i could just condition/filter everything coming into our house. I would like to do so without batteries. I don't care if the power goes out, I just don't want it to damage my electronics when it's on or inbetween.
I read a convincing argument once that whole-house protection is the only real protection there is and that trying to protect individual pieces of equipment was a waste of time. I have no link though so take that for what it's worth. |
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So you're saying North Korea is the only rational country around in that it doesn't pour vital energy out to the heavens for no reason?
Actually I only wanted to show how efficient this light Bulb embargo is. They only just switched their CFLs on and it's taking a while for them to reach full brightness. |
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actually its even easier than that, php for windows automatically adds php to your path  Does it not also set up file associations? |
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It wasn't a meteor...
It was the Dollar passing the Ruble on the way down.
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I know it's a repressive regime but it's scary that the NK people haven't done something about this.
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Please note that this device simply dumps the utility line voltage onto your Avalon when utility line power is available. It is not a "UPS" in the sense most people understand it. It is simply a battery charger and a transfer switch. It provides no isolation and likely inadequate surge suppression.
Most of the cheap UPSs out there operate on similar principles (maybe with better surge protection). |
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Yes. This really isn't something that can be stopped.
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One word: Simulation argument. One thing that later generations might do with their super-powerful computers is run detailed simulations of their forebears or of people like their forebears. Because their computers would be so powerful, they could run a great many such simulations. Suppose that these simulated people are conscious (as they would be if the simulations were sufficiently fine-grained and if a certain quite widely accepted position in the philosophy of mind is correct). Then it could be the case that the vast majority of minds like ours do not belong to the original race but rather to people simulated by the advanced descendants of an original race. It is then possible to argue that, if this were the case, we would be rational to think that we are likely among the simulated minds rather than among the original biological ones. Therefore, if we don’t think that we are currently living in a computer simulation, we are not entitled to believe that we will have descendants who will run lots of such simulations of their forebears.
---Nick Bostrom, Faculty of Philosophy, Oxford University Most people are not British. Therefore, I should assume that I am likely not British? His final statement also ignores the part where he "Suppose that these simulated people are conscious". Let's not forget Occam's razor either. And as to being suppressed, multi-worlds was put forth as a possible alternative to the Copenhagen interpretation when I was at University. Many physicists are not really happy with Copenhagen in any case since it leaves too much unanswered. So does multi-worlds though. My own interpretation is that they are likely direct equivalents with no real differences though if there really is mathematical proof against one or the other, that would be interesting. Zero worlds is just solipsism which is fun to play with mentally but ultimately leads nowhere useful. |
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I could definitely imagine a company like Mt. Gox, who is holding a lot of Bitcoins on account for people, accidentally locking themselves out of one of their reserve cold storage wallets (or having one wallet stolen by an employee). At that instant, they have fractional reserves. But they could easily set aside a small portion of profits each day to re-fund that wallet.
Which would be worse? Announcing to the world, "We locked ourselves out of one of our wallets, but rest assured...." (potentially causing a run that puts them out of business), or to quietly build the reserve back up?
Pretty much this has already happened to one business (or that is his claim). I forget the name off the top of my head. His action was to suspend all accounts. The last I heard he's intending to pay everyone back but it's hard to see how, it was a lot of bitcoins lost. |
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I never plan to retire. That's a mug's game. What I intend to do is greatly increase the ratio of my leisure time to my work time.
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I should also mention, that as far as my kids are aware, their balance is 100% backed.  This reminds me of when I was a kid, I had the same thing where my mom was supposedly keeping track of it. Well, one day after literally years of saving I had over $1,000 and wanted to take it out to buy a new computer. My mom didn't have it. I asked for cash from then on. It would be a freakish coincidence if you happened to be German  |
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Compressed-Pros:
-won't cause problems if torrent HDD is FAT32 (under 4.0GB for now)
If this is an issue, you probably would want to start using multi-part compression (which is another pro fwiw). |
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I'm not going to "Cash out". There will just come a time where it makes as much sense to spend them as acquire them.
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At their core, politics relate to 'people' and 'society'. I.e.: they are 'social' issues -- not exactly the stereotypical nerd's forte. As a geeky kind of person myself, I know we can "get by" and figure many things out using logical language, but I'd say we're generally "behind the curve" in understanding what makes the average person tick. Thus when things get so bad that the nerds start focusing on politics, I see it as an ominous indicator of desperate times ahead.
It's likely other ominous indicators of desperate times ahead that cause the nerds to focus on politics. Things like out-of-control debt, out-of-control spending and huge swathes of people who should be being productive in a healthy economy living off the government dime (read leeching off people who *are* productive). |
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I'm not sure what the details of the controlling software are but one of those Android mini-pcs can be had for $50. Built in wifi. If the control software could be ported to that, you'd be laughing since it could be powered from the USB hub.
At that point you may as well use a WR703N for $25. I believe you can run cgminer right on it, and connect back to the internets via wifi (or ethernet). With a USB hub you can connect multiple mining devices. You can also power the WR703N itself with the USB hub, assuming it's a powered hub. That's pretty sweet. And following a few links... http://www.madox.net/blog/2013/01/04/tl-wr703n-example-project-3-wireless-3d-printing-or-2d-printing-or-just-simply-wireless-usb/I have been searching for things that are similar (but a bit different from this) recently so don't know why I didn't run across it. I guess sometimes, Google-fu can be a little bit too sharp. |
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