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5961  Economy / Speculation / Re: When are you going to cash out? on: February 09, 2013, 07:37:35 PM
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.
5962  Other / Politics & Society / Re: $100,000 USD challenge: Why Government is important to our lives....really? on: February 09, 2013, 03:55:49 PM

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).
5963  Bitcoin / Hardware / Re: Long USB cable vs Wireless USB on: February 09, 2013, 03:53:16 PM
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. Smiley
5964  Economy / Trading Discussion / Re: Wow! I just paid my apartment rent with bitcoins! on: February 09, 2013, 03:46:41 PM
Quote
The US operates under some pretty bizarre banking principles. There's not really direct deposit, you simply give a company access to your bank account. And without direct deposit, there's no direct deposit guarantee so if something goes awry, it can be the devil of a time stopping it. Some people maintain multiple bank accounts for this reason.
Waaait a minute.. what's the point of such bank account? Giving a company access to my account? What? Why? Now I think I get the huge number of alternative payment providers in US. Direct transfer ability between accounts is the only think preventing me from closing my bank account.

For me, it's a money management thing. There's also debit cards, checks/cheques (for some weird reason, Americans seem to love these. Considering you have to pay for them and not the bank, I don't know why), online banking (some of which are direct transfers some of which just print and mail paper checks), cash machines and for receiving money,  direct deposit, cashiers checks (for when you don't want to carry large amounts of cash around)... There is no direct account-to-account available to the public (with my bank anyway) but this wasn't available in the UK when I left either. There's also no check guarantee cards so if you write a check at the grocery store, the person will take your driving license number and phone number. There's no chip and pin either, still regular old mag-stripe (though some cards do have RFID chips - look for the little logo. Though I have never seen these used *anywhere*)

The US consumer banking system, like its mobile network until recently, is antiquated.
5965  Bitcoin / Hardware / Re: Long USB cable vs Wireless USB on: February 08, 2013, 03:30:20 PM
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.
5966  Economy / Trading Discussion / Re: Wow! I just paid my apartment rent with bitcoins! on: February 08, 2013, 03:22:56 PM
Quote
your landlord gave you their bank deposit information. This is the same information that would be needed to withdraw funds




Someone can explain this for me please ? US rules ? Can't believe this !



For OP, legit or not i wish you good luck to get a new job

https://bitcointalk.org/index.php?topic=128998.0




The US operates under some pretty bizarre banking principles. There's not really direct deposit, you simply give a company access to your bank account. And without direct deposit, there's no direct deposit guarantee so if something goes awry, it can be the devil of a time stopping it. Some people maintain multiple bank accounts for this reason.
5967  Bitcoin / Hardware / Re: Long USB cable vs Wireless USB on: February 07, 2013, 08:08:12 PM

My friend tried the USB-over-cat5 solution and did not have good results.

Agreed. I'm not sure why changing the cable type would increase the range (unless USB is designed to use spectacularly craptacular cables). Though it does knock things down to USB1 levels presumably because of that. The USB over IP avoids that issue but is a little more expensive and requires drivers etc. However, it might mean that you can run the control from anywhere in the world (though you could do the same with VNC or RDP in any case). I don't recall if Mac drivers were available either...
5968  Bitcoin / Hardware / Re: Long USB cable vs Wireless USB on: February 07, 2013, 06:14:49 PM
I was kinda thinking something like this:

http://www.amazon.com/SIIG-ID-DS0512-S1-USB-Over-1PORT/dp/B002C6J9ZW/ref=pd_sim_sbs_e_3

But maybe not that actual one. It seems like a reasonable price though.
5969  Bitcoin / Hardware / Re: BFL 1/3 plan on: February 07, 2013, 06:00:52 PM

I cannot argue against that point. By the way, some Chinese customer said they received their Avalon unit. So the landscape of situations is changing it appears.

Heh. If so, they'll have it torn apart and a clone up on DealExtreme for $13 by the end of the month.

Avalon is a Chinese company... having an ASIC chip doesn't mean you can clone it by having the physical chip.

I don't know enough about ASICs to say. I thought a lot of the ASIC thing was down to the fabrication though and I know that can be copied if the desire is there (which realistically, there probably isn't).
5970  Economy / Speculation / Re: [poll] - The U.S. Dollar Collapse Is Accelerating on: February 07, 2013, 05:55:54 PM
This "imminent collapse that hasn't quite happened yet" reminds me of those philosophical examples with the "ominous boulder jutting out over the edge of a cliff". The fact that it has been there for millions of years doesn't make it bound to fall "any minute now".




Though to be fair, you're not wrong, there's plenty of scare-mongering to go around. Things do seem to be accelerating though and unlike many things that appear to be getting crazy but are limited by negative feedback, there's ample evidence that those in control are actually in a positive feedback loop.

I guess that actually makes this somewhat fitting and appropriate:

5971  Economy / Trading Discussion / Re: Most cost effective £GBP£ cashout? on: February 07, 2013, 04:52:52 PM
The most effective way is to find people wanting to buy bitcoins for £. Trust is an issue there, of course.
5972  Economy / Trading Discussion / Re: Wow! I just paid my apartment rent with bitcoins! on: February 07, 2013, 04:51:15 PM
Yeah, it's crazy in the US. When I do online banking, half the time the bank prints a paper check and puts it in the mail. WTF? This has cost me money on a few occasions.
5973  Bitcoin / Hardware / Re: Long USB cable vs Wireless USB on: February 07, 2013, 04:11:40 PM
Sounds like the long cable will work for you but if not, there's a few wired solutions you could check out too. My reading on wireless solutions indicated that they were often less-than-satisfactory.
5974  Bitcoin / Hardware / Re: Anybody recognize this? on: February 07, 2013, 03:56:28 PM
i think the odds of them being a scam are close to zero.

In what sense? Do you include the scenario that I am also a "scammer" (i.e. defaulting or being unable to deliver even with good intention)?

i'm glad i wasn't stupid enough to have bet with you.  i'm smart enough to have assumed you wouldn't deliver. Wink

I don't know why anyone considered the bet valid without both parties having submitted funds to escrow in any case. I mean sure, Matthew should have not made bets he shouldn't cover but it's not like bitcoin can't make a bet enforceable if everyone is sensible about things. (I'm sure this has been covered in other threads though).
5975  Bitcoin / Hardware / Re: BFL 1/3 plan on: February 07, 2013, 03:45:51 PM

I cannot argue against that point. By the way, some Chinese customer said they received their Avalon unit. So the landscape of situations is changing it appears.

Heh. If so, they'll have it torn apart and a clone up on DealExtreme for $13 by the end of the month.
5976  Other / Politics & Society / Re: $100,000 USD challenge: Why Government is important to our lives....really? on: February 06, 2013, 08:13:45 PM
Here is my submission.

 Roll Eyes More Anarchist propaganda... What makes it sadder (than it would otherwise be) is that it's some of the cleverest and most technologically up-to-date "random people" on the Internet, i.e.: Bitcoin enthusiasts, who are the cynics promoting it. If the brightest people in society are such misguided cynics, than places like the US really have no hope.

What makes the US have no hope is the people who see the cliff coming but won't ease up on the accelerator.
5977  Bitcoin / Bitcoin Discussion / Re: Amazon cheapens "e-currency" concept on: February 06, 2013, 08:09:01 PM

Is it just me or are those Swindles largely useless?  It took me 5 minutes to figure out how to just start a browser on one, I felt like I was using AOL!

You're talking about the Kindle Fire. The other Kindles are quite excellent at their intended task.
5978  Other / Politics & Society / Re: Was the Great Pyramid a Giant Lightening Rod? on: February 06, 2013, 05:12:19 AM
Quote
Does not make it kinetic energy.
ki·net·ic  
/kəˈnetik/
Adjective
Of, relating to, or resulting from motion.
(of a work of art) Depending on movement for its effect


That's like saying a kid who is doing great in his studies has a lot of potential energy. I'm done.
5979  Other / Politics & Society / Re: Was the Great Pyramid a Giant Lightening Rod? on: February 05, 2013, 09:44:14 PM

Quote
energy stored in electron spins (I forget that one)
Sounds suspiciously kinetic

Spin alignment in a magnetic field? Howso?


Quote
chemical energy
At the molecular level, it's just atomic and subatomic particles moving around

Does not make it kinetic energy.


Quote
latent heat of vaporization
Again, heat is "average kinetic energy"

For an ideal gas.


For the laughable purposes this thread has, we can assume energy to be kinetic.

I'm certainly starting to assume something but it isn't that.
5980  Other / Politics & Society / Re: Was the Great Pyramid a Giant Lightening Rod? on: February 05, 2013, 09:39:46 PM
Quote
Then we have photon energy, E=hf, mass-energy equivalence (E=mc^2)
Again, try out unit analysis.
E = mc2
E = (kg)(m/s)2
E = kg*m2/s2

Sound familiar? Force * distance


Energy has the same unit (J) in all forms and thus will always be susceptible to such dimensional-analysis tricks. That doesn't mean that it all breaks down into kinetic energy.
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