Indeed. However, I don't think overcoming either encryption or 50% of network power will be achieved in the next few years. How long will it last? Well if there's enough adoption to get enough transaction fees to make mining continuously profitable (and hashing power high enough), that should at least make the 50% part improbable.

There's also the argument fact that if you own 50% of the hashing power, with the revenue potential, why destroy bitcoins to start with? Although some people are indeed... not too sane and/or prone to extreme grudge against various things.

by "they", I referred to bitcoins.

However, I don't disagree with the fact that the verification method could be compromised by technological advances, but that is yet to see and I sure hope it does not happen.

I'm sorry, but they'll stay around as long as people value them and are willing to trade with them. I'm pretty sure it could live on more than 20 years, even if that means a large devaluation. It has become a convenient payment method for many people online (still low compared to other payment processor, but for such an odd concept, I still find the adoption impressive). It's possible they'll be gone by then, but I don't think their chance of surviving that long is even close to as grim as abysmal.

I'm not sure why you keep going on about his comment, you basically just repeated stuff I already said.

Okay, sorry you don't like the slogan.

Not sure that my website design will hurt me, compared to all other sites/forums, the bitcoin community is full of very simple/old/basic websites/templates, and again, I've gotten compliments about the design.

No, I said 1 million, not 10. Although, yes, it'd take 83 years.

Pretend I said 5,000 shares a month, that seems more reasonable, it would take almost 17 years to sell them off if I did my math right.

What are you talking about?

You don't even have an account on GLBSE.com

You just repeated what I said, WHT has more competition.

Anyway, not sure what you are trying to "suggest" or what makes you think people are "staying away", if you don't understand the slogan I'm sorry. As for the site, well I've gotten compliments on that as well, and its 100% custom made. I have no referals as the site is only 2 weeks old, so eh. Thanks for your opinion though.

Yes, I'm aware it will take a LONG time to convert BTC into USD for much of my purpose. And yes, I'm aware how the VC process works (I know people who have gone the Silicon Valley startup route). I'm trying something new. I think it is going to be possible to crowd fund large scale business using Bitcoin without going through things like YC or Kickstarter.

What I'm planning on doing is building a small scale DC just to host mining hardware, but it is going to take quite some time to get there.

I'm willing to put the next 10 years of my life into this, I think Bitcoin has a future but it is going to take effort to get there.

Well, I imagine 1m BTC worth of people want to continue profitably mining when no one else can. If I'm wrong, this is going to be a waste of 8BTC.

I'm Ukrainian, and there are some issues to verify my ID on GLBSE.

I selling mining bonds, one bond, one Mh/s. My contract is pretty simple, I don't see, what side of it may need some clarification. Community feedback? If you like it, you buying it, if no, than no, that is the best feedback.

I thought that I currently answer of that question. I have more mining power, that I selling, and I have money reserve in BTC. If this is not an answer, that, probably, I do not clearly understand the question. What kind of emergency?

How are my VPS "overpriced"? If anything, they are under-priced.

And on WHT you actually have to sell for cheaper with all the competition, so your statement makes even less sense.

First of all, welcome.

Here's the deal:  Observably, it seems like literally all Mac-related products listed on here are scams, and usually the first few indicators that it is a scam are 1) low post count especially when selling high-value products, 2) refusal to use escrow, 3) refusal to ship first especially to a reputable member.

There are so many scams on this forum that there's basically an unspoken initiation or hazing for newcomers -- either bite the bullet and ship first OR use someone extremely reputable on the forums as an escrow, or end up being suspected a scammer.

That being said, I would be willing to be an escrow for your sale for a 1% fee.  I would hold the buyer's coins until the buyer receives their product.  Once I confirm they've received it, I would release the BTC to you.  I believe there are others that might do it for free.

Calm down with the stars, this is bullshit

I absolutely will.

After a good nights sleep and provided all links work (already signed up on the new 2.0 site) I will be on schedule for ipo release ASAP.

Considered I've already had about 4 shots of vodka and a shot of goldschlager I doubt I am in the proper condition to make sound choices on the promotion of the bitcoin or its supporters.

So you've decided that you can't scam people with a root kit so now you are going to try and raise funds and run?

Interesting business concepts. Seems like you are on a roll.

If I am wrong them I am sure you will verify you glbse.com account.

Well the premise is to have attractive young night lifers to get involved in the promotion of bitcoin and bitcoin enterprises.

Organizing groups of possibly intoxicated people to say orchestrated lines on camera can present a bit of a challenge.

Besides I want to attract large groups of viewers so perfecting my pr techniques is a priority.

Besides its not a matter of simply having a channel on youtube. Ideally the organization would like to have some names to back them up before we attach our name to the project.

I would also like to state that we highly support the bitcoin and bitcoin based enterprises so doing this would be an absolute pleasure.

I'm at Flannigan's Boca Raton right now if you guys would like a promo ad...

haha jk

Modular Python Bitcoin Miner. It's the mining software I'm using to drive the FPGAs.

And yes I am leaning towards a corrupt file. I'm going to try reinstalling everything clean, and trying again. It appears to be a USB driver level lock up. So it could be something wacky in the software, or a corrupt OS file of some kind causing a problem.

Hopefully re-installing will clear up the issue. If it doesn't I'll have to continue to divide and conquer. For now my plan is to reinstall the software, then re-add one miner at a time to confirm it mines. If I can sustain that more than 10min then I continue. If it starts locking up again after a certain miner, I backtrack, and see if it mines longer on the previous miners. If that happens I can test that chain then (the fpga, usb cable, hub port, motherboard port, hub cable, and all other parts in the chain between the "triggering" FPGA and the software).

Failing that, a full OS reinstall might help. But I think that's a bit drastic.

To clarify the power outage did not affect the miner at all.

I have 3 UPSs, all 2KVA server grade UPSs in this rack. One drives my GPU miner, one drives the FPGA miner (the host server and the FPGAs themselves) and one drives my household server and network infrastructure (router, firewalls, switches, wifi and so on). When the power outage happened the one handling my household stuff failed. So I lost internet for like 5min while the power was out. The remaining gear kept running completely unaffected.

But when the internet connectivity went out, the FPGA miner locked up. After that it began "misbehaving".

Anyway, I'll keep you informed. But I expect the outage to last into tomorrow. Hopefully I'll have it resolved by then.

Thanks for your understanding and patience.

http://www.copacobana.org/index.html COPACOBANA - 128 FPGA codebreaker according to the website.