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61  Bitcoin / Development & Technical Discussion / Re: If bitcoins go to $100 or even $1000 in value each, Could there be a Safeguard? on: October 23, 2012, 08:38:20 PM
If people think bitcoins will be worth hundreds of dollars they are dreaming. Why would a virtual currency with only advantages are no inflation and fast transactions (which are offset by irreversible transactions, which is a negative most of the time unless you are dealing in illegal stuff) be worth hundreds of times more than the U.S dollars or other currencies? Be realistic it wont happen.
Fucktard. IF youre going to talk shit to people at least know some shit.

Or better said in this case as, "in your list of only advantages you missed a few":

  • impossible to counterfeit
  • accepted throughout the world
  • has no centralized issuing authority
  • has fungibility
  • has scarcity
  • ease of identifiability
  • ease of divisibility

Furthermore, I can't think of a single merchant who would think that the irreversibility of cash transactions is a bad thing.

In the end it really comes down to mainstream use.  If bitcoin catches on and becomes widely used, it will pretty much have to exceed hundreds of dollars per bitcoin.



Now go ahead and list the disadvantages. They are far more powerful. Terrorist links, money laundering, tax evasion (serious since without taxes you wouldnt have many things that you take for granted everyday,) only 21 million coins possible, not accepted throughout the world only in a very minute part of the population, scams everywhere, extremem difficulty in aquiring the coins themselves.  What you people dont understand about inflation is it will exist anyways with or without bitcoin. Since the cost of goods are going up regardless itll just take more bitcoins to buy the same good. Bitcoins isnt revolutionizing anything its just a cool concept. If it was then bitcoins would be far bigger than it is. Most people have never even heard of bitcoin.
62  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: October 23, 2012, 08:31:10 PM
But that proves nothing. They can pick any number they want with any hash they want. You place your bet they use some hash that will screw you.

The hashes for the secret number of each day for the next (1000?) days has been published in advance.   Thus you can verify after the fact verify the secret number for your day is indeed the one which produces the hash for that day and thus the secret number wasn't changed to "screw you".  

What im saying is it doesnt matter what the secret number is since it has to correspond with the hash. The hash is after you place the bet. Obviously. Where does this hash come from? A random draw?
63  Bitcoin / Mining software (miners) / Re: CGMINER GPU FPGA overc monit fanspd RPC stratum linux/windows/osx/mip/r-pi 2.8.4 on: October 23, 2012, 06:01:43 PM
I notice that i am getting many more rejected shares now that im using 2.8.4 compared to 2.7.5. I usualy get about 10 rejected shares per 20 000 accepted shares. Now with 2.8.4 ive gotten 200
Nothing's changed in management therein, so I can only assume it's coincidence and pool related.

I immediately stopped the 2.8.4 and restarted 2.7.5 and i have no stale shares at all yet. Soemthing is definetly up
Did you move to stratum with 2.8.4?

EDIT: To explain why I ask that, cgminer + stratum gets notification of block changes much faster than ever so it should reduce the number of stales. On the other hand, I have noticed that slush uses that as an excuse to ignore any shares that are returned from the previous block immediately once it has stratum notified you of the new block saying job not recognised, so to me it looks like stales on slush went up, not down, despite the potential advantages. I'm not sure how btcguild fares there.

I signed on 2.8.4 like this 

http://btcguild.com:9332
username  whatever
password   whatever
64  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: October 23, 2012, 05:34:58 PM
But that proves nothing. They can pick any number they want with any hash they want. You place your bet they use some hash that will screw you.
65  Bitcoin / Development & Technical Discussion / Re: If bitcoins go to $100 or even $1000 in value each, Could there be a Safeguard? on: October 23, 2012, 05:13:53 PM
If people think bitcoins will be worth hundreds of dollars they are dreaming. Why would a virtual currency with only advantages are no inflation and fast transactions (which are offset by irreversible transactions, which is a negative most of the time unless you are dealing in illegal stuff) be worth hundreds of times more than the U.S dollars or other currencies? Be realistic it wont happen.
If 1 bitcoin =1000dollars, then still bitcoins would not be worth more than the US dollars.

I have no clue what you are saying
66  Bitcoin / Development & Technical Discussion / Re: If bitcoins go to $100 or even $1000 in value each, Could there be a Safeguard? on: October 23, 2012, 05:02:00 PM
If people think bitcoins will be worth hundreds of dollars they are dreaming. Why would a virtual currency with only advantages are no inflation and fast transactions (which are offset by irreversible transactions, which is a negative most of the time unless you are dealing in illegal stuff) be worth hundreds of times more than the U.S dollars or other currencies? Be realistic it wont happen.
67  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: October 23, 2012, 04:49:00 PM
This game robs me steady lol. ITs alwasy throwing out 61000 or whatever when i do large bets with under 60000. I dont care what anyone says its rigged. Show me that its not rigged when I place my bet. IT sees my bet and address. How does it come up with the number when I push send money? IT doesnt come up wit hthe number before I  bet obviously.
68  Bitcoin / Mining software (miners) / Re: CGMINER GPU FPGA overc monit fanspd RPC stratum linux/windows/osx/mip/r-pi 2.8.4 on: October 22, 2012, 11:48:19 PM
I notice that i am getting many more rejected shares now that im using 2.8.4 compared to 2.7.5. I usualy get about 10 rejected shares per 20 000 accepted shares. Now with 2.8.4 ive gotten 200
Nothing's changed in management therein, so I can only assume it's coincidence and pool related.

I immediately stopped the 2.8.4 and restarted 2.7.5 and i have no stale shares at all yet. Soemthing is definetly up
69  Bitcoin / Mining software (miners) / Re: CGMINER GPU FPGA overc monit fanspd RPC stratum linux/windows/osx/mip/r-pi 2.8.4 on: October 22, 2012, 10:31:43 PM
I notice that i am getting many more rejected shares now that im using 2.8.4 compared to 2.7.5. I usualy get about 10 rejected shares per 20 000 accepted shares. Now with 2.8.4 ive gotten 200
70  Bitcoin / Mining / Re: User with over 200GH/s BTCGUILD on: October 17, 2012, 09:05:57 PM
BFL is probably mining with your preordered rigs. Then after 1 or 2 months of straight mining and huge profit theyll send you you rigs. Win win for them.
71  Bitcoin / Mining / Re: Investor looking for mining partner(s) on: October 17, 2012, 09:04:06 PM
I'm looking to invest 30k+ into a mini rig, maybe even go larger for the right opportunity. The reason I'm not doing this myself is because I'm in an area where electricity is about 3x as expensive as where many of you folks reside and I will likely be traveling again for the foreseeable future . I also do not know much about the ins and outs of mining. I do however have significant capital and for the right opportunity I will invest.

Here is what I am looking for:

A reason to trust you
A hands off relationship - I fund the opp, you run it
Evidence of your existing mining rig/ operations/ profit schedule
Projections of asic + difficulty effects on returns over the next year +

If this sounds interesting, PM me or reply here.

Thanks

Boy are you asking to get ripped off somehow. I  hope you dont.
72  Bitcoin / Mining / Re: Where'd all this unknown hashrate come from? on: October 16, 2012, 04:56:24 PM
Doing a little research will tell you lots. Want to know who's finding more blocks than the top 5 pools combined right now?

IP:   82.130.102.160
Decimal:   1384277664
Hostname:   nb-10391.ethz.ch
ISP:   Swiss Federal Institute of Technology Zurich
Organization:   Swiss Federal Institute of Technology Zurich
Services:   None detected
Type:   Corporate
Assignment:   Static IP



Fucktard. IF youre going to talk shit to people at least know some shit.
At least I didn't cry about losing money gambling? lololol wahhh wahhh wahhh go suck on a pacifier you feeble minded twit.


Go do some more 'research' then get owned by your own 'research' LOL.
73  Other / Off-topic / Re: Would you get naked for bitcoins? on: October 16, 2012, 04:45:46 PM
None of the pictures will be of the actual person anyways. You'd just get some pic of some random girl/guy. Google is much cheaper.
74  Bitcoin / Mining / Re: Where'd all this unknown hashrate come from? on: October 16, 2012, 04:34:14 AM
Doing a little research will tell you lots. Want to know who's finding more blocks than the top 5 pools combined right now?

IP:   82.130.102.160
Decimal:   1384277664
Hostname:   nb-10391.ethz.ch
ISP:   Swiss Federal Institute of Technology Zurich
Organization:   Swiss Federal Institute of Technology Zurich
Services:   None detected
Type:   Corporate
Assignment:   Static IP



Fucktard. IF youre going to talk shit to people at least know some shit.
75  Economy / Currency exchange / Re: i want to sell 20 -50-100 bitc , . I TAKE NETELLER EU. on: October 16, 2012, 03:28:49 AM
Never used NEteller before. Which currency should i choose as my desried account currency when i sign up? You accept Euro but i live in Canada. I dont want ot be hit with several different fees. Any advice as Id like to buy some
76  Economy / Gambling / Re: I will play SatoshiDice for you on: October 16, 2012, 03:03:02 AM
Yes, if you like SD (or any clone) but don't have time to place bets yourself, I, Kais, will bet your coins there for you!

You decide everything-- the amount, the amount of time, and the percent chance that you want to play.

If you send 250 BTC to the easiest game (97.6563%) and win, it will give you one free bitcoin each time! That's a very good chance to win many times.
If you don't have that much, you can tell me any type of game/strategy you want.

I will play for you for up to one hour per day.
I will keep 25% of the profits made.
I will make as much anonymity as you like ( like send from a different address every time).
I will send you back your initial amount plus winnings, minus losses, transaction fees and my 25% fee at your specified time.
If you don't chose the Anonymity option you can watch and keep track of every transaction made on the block chain and the site itself. This will make sure that I don't cheat.

Would anybody be interested?



So if you win 249 times in a row then lose once you loss 1 btc in total.
77  Economy / Currency exchange / Re: [WTB] 3000 BTC on: October 16, 2012, 02:44:17 AM
wanna get 3000 BTC. please pm me your best price in USD or Ringgit Malaysia (MYR)

1% below MtGox last everyday.

He said he want to buy not sell. I thought you only bought BTC.
78  Bitcoin / Development & Technical Discussion / BFL no replies. on: October 15, 2012, 10:17:06 PM
Ive emailed BFLabs 3 times now jsut to ask about the dimensions and sizes of the singles. They havent responsed at all :S. Is this normal for them?
79  Economy / Service Discussion / Re: Anomalous $1bn trade on MtGox on: October 15, 2012, 10:11:16 PM
Considering that the entire 21 000 000 coins that arent even totally in existence yet isnt even worth $1 000 000 000 then its obviously an error of sorts.
80  Economy / Service Discussion / Re: Satoshi Dice -- Statistical Analysis on: October 15, 2012, 09:40:56 PM
No i dont understand i guess. What i do understand though the odds are astronomical to lose 25 times in row betting the 91%

The odds of losing 25 times in a row betting the lessthan 60000 game are 1 in 700 million billion billion.

I'm willing to bet that it never happened.  Not to you, and not to anyone who played Satoshi Dice.

Quote
Also when is this has created and from where is created?

You made my internal parser crash.  Are you asking how long Satoshi Dice has been running for, and who created it?  Or how the magic numbers are selected?  I can't really tell.

IT was a typo i mean "hash" instead of "has"

Ok you have a 91% chance to win the lottery. Do you think you are going to win the lottery? I sure as hell wouldnt be sleeping the night before.

If I had a 91% chance of winning a lottery, I would check to see whether the prize made it worth playing or not.  If so, and if I could afford to play, I'd play it and if not I wouldn't.  I don't think lotteries often have a positive expectation for the player since they are usually run for profit and/or to fund the arts / charities / etc.  But if I had entered and had a 91% chance of winning, I would be 91% sure of winning.  I wouldn't be surprised if I didn't win, any more than I'm surprised if I roll a 2 on a 10 sided dice.  It's unlikely, but it happens.  What's your point?

Also dont give me this nonsense that you wouldnt be surprised if you lost wit ha 91% chance to win.
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