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621  Other / Off-topic / Re: Petition: BFL SC Single should be 65Ghash and not 60Ghash on: October 20, 2012, 12:25:47 AM
speechless, I am simply speechless.  Shocked

It looks like at least 1 good thing came from this thread.

622  Other / Off-topic / Re: We don't have enough ridiculous threads about BFL. on: October 20, 2012, 12:24:48 AM
Clearly BFL_Josh/inaba cares very little about most people's opinion of the company he represents. He's over trolling BTCFPGA's thread just now.  Cool

A sustainable business model is about building and maintaining long term relationships, not quick cash grabs produced by vaporware products months prior to (re)scheduled release.

Bottom line is they have a slew of customers on hand now because they were first to open their pre-order window(way way too early for my liking, but just MO). If they deliver a quality product on time then most will overlook the thoroughly unprofessional nature of their reps. If however it comes down to a choice between multiple competing companies with similar product lines then the poor public image they seem to embrace could well become the deciding factor for many. I imagine there will be some unhappy BFL customers if they paid for a product months ago with the understanding that it'd be shipped in October and someone else beats them to the punch. Yet given their history of delays that's a very real possibility.

Actually having Inaba abusing people is a plus in my book. We're geeks, all the insanely bad customer service will (and should) be overlooked as long as they keep delivering bleeding edge tech to their customers.

623  Bitcoin / Hardware / Re: Building ASICs on: October 20, 2012, 12:15:07 AM
Do y'all reckon any of the mining ASICs currently in development use tri-gate transistors or memristors?

Are these technologies likely to already be fully exploited in existing SHA256 IP cores that the makers of based ASICs are likely to have licensed for use in these mining ASICs?

Or if a Soft Core was licensed, are the synthesis tools likely to fully exploit these technologies?
very unlikely.

We're in the 'old and slow' camp for these asics (at least we'd better be) I'd expect everything to me on 120nm (ish) - those gains (may or may not be slight) won't be in this round of asics.
624  Other / CPU/GPU Bitcoin mining hardware / Re: Jalapeno question on: October 18, 2012, 04:09:14 PM
Yeah well, same happened with GPU mining when it appeared, did bitcoin die?

Seriously guys, these "omg bitcoin is going to die" bullshit is ridicolous  Roll Eyes omg but it's almost 21 december 2012, it's really the end!!!!! omg!!!

I don't think it'll die - But I do think that asic deployment will create an entry barrier to using the network.

When I first started this whole bitcoin thing - it was because I could (maybe) make a little money with my video card. Just because it sounded like it was well designed I wanted to try it. That sort of adoption won't be possible anymore. Now the new miners choice is "spend 150 bucks to try it out"

Granted there may be some who'll try gpu mining anyway - then decide it's easier to just purchase btc.

625  Bitcoin / Project Development / Re: Promoting bitcoin - "Pay Less with Bitcoin" on: October 18, 2012, 03:47:35 PM
I think you should quietly make write the scripts for this type of advertising... later.

But right now, work on a nice logo and get a website going where vendors can snag the branding / graphics / whatever else.
There should be plenty of artistic folks who'd help with this.

626  Bitcoin / Project Development / Re: A cryptographic direct business to investor bitcoin stock certificate system on: October 18, 2012, 04:34:30 AM
Why don't you simply use the btc block chain as a delivery method directly (indirectly?)

Build a wallet software used only for the exchange.
Let it load a btc address directly (for payment processing).
Signed msgs in the btc blockchain for all transactions (buy, sell, buyback, whatever we need).

Then the client software is capable of displaying all activity simply by parsing the blockchain for correctly formatted stock exchange activity.

and BAM instant stock market using existing network.... and all we really have to design is a slick UI and define the layout of the msgs used by the client.

Of course it would only be as anonymous as the users wanted it to be.

627  Bitcoin / Project Development / Re: Promoting bitcoin - "Pay Less with Bitcoin" on: October 18, 2012, 04:20:50 AM
Try "It's cheaper in Bitcoin" --- much catchier.
628  Economy / Speculation / Re: Is there evidence that there is a correlation between difficulty and price? on: October 18, 2012, 04:11:39 AM
Also, as the difficulty goes up - miners make less - resulting in longer periods between selling. This can (and imo does) affect price. If you're close to the edge on your profitability you don't sell below a certain rate.
629  Other / Off-topic / Re: Business Venture that Accepts Bitcoin (desire input) on: October 18, 2012, 03:39:51 AM
Did you want virtualized hosting or an actual server? I've got plenty of bandwidth and a server sitting here doing nothing right now.

Are we talking open and legit or a tor hidden service?



630  Other / Off-topic / Re: why not pump and dump those jerks? on: October 18, 2012, 03:27:22 AM
Uhhhhh no, it would be the oil company refusing to pump or sell oil for a week, driving the price up, then selling their more valuable inventory after that, ripping off everyone else.

Btw you're all raising these illegal assholes up on some pedestal like it's some super amazing syndicate.  I saw a screenshot.  I think they use phpBB3 for one of their sites, lol.  Plus, they're not quite so invincible as you're making them sound.  If the price of BTC drops to half what it is now, they get screwed along with everyone else.  So that's how that works, lol.

btw soooo many SA members here.  They better never made me a moderator or you're all gone.

I sir, am not a user of SR. But I do love liberty. The idea that users whole use bitcoin for legal purposes would agree to manipulate the market for personal gain (or even for lulz) is just silly. If anything, the average supporter of bitcoin is secretly supporting the users of SR because we know that it's the quickest way to mainstream adoption. The vast majority of 'illegal assholes' are just normal people, and every person should have the right to use their currency as they see fit.

But +1 for having a fun thread!
631  Other / Politics & Society / Re: Obama or Romney ? on: October 18, 2012, 03:09:31 AM

Why would you cut taxes for the rich (or punish horribly the middle class) while you are trying to balance the budget.  The only balanced budget in recent memory came from a 39% tax rate for the upper bracket.  It is simple, we have done it before, it WORKS.

Combine the additional revenue with modest across the board cuts including defense and you can get a balanced budget.  Leave student loans as they are, as the rate is ALREADY ABOVE PRIME.  Education is a cost for a functioning society and pays dividends later.  Changes need to be made to how colleges operate and to the very high costs but that is a separate issue.  



I think you misunderstood what I was saying about taxes. My suggestion includes raising the taxes on the wealthy (by removing all the exemptions). I am not suggesting any taxes get cut, until after the budget is balanced and the debt is payed down.

Student loans are already above prime, because they are high risk, and they would be higher if not subsidized. Think about it, we are giving money to people on the hope that they will be able to earn money later. This is very different from most loans, which are given to people who demonstrate they are able to pay on those loans now.

I'd agree to a spending freeze + percentage cuts across the board to balance the budget. This would need to be combined with some sort of fair tax... meaning a single rate which is the same for every American. I personally don't care what that rate is but we need to end the class warfare being instigated by the liberal media and start evaluating on the basis of 'an equal share' instead of being selfish and wanting more for ourself and screw everyone else who isn't me.

Personally I think the rich and the poor both suffer from this form of greed. Otherwise there wouldn't be any traction with the 'eat the rich' crowdthink being pushed by the news outlets.

632  Other / Politics & Society / Re: "What does Ron Paul have against Gary Johnson?" on: October 18, 2012, 01:56:33 AM
I'll give my standard answer (useful whenever anyone say ron paul).

Who?

I suppose that could apply to Gary Johnson too...

633  Other / Politics & Society / Re: Fair Tax and black markets on: October 18, 2012, 01:54:29 AM
FairTax is mistaken in the whole "we can tax black markets thing". Compare two societies, one with income tax at 20% and one with sales tax at 20%. You have a person A buying a black market item from person B who then uses the profits to pay rent to a legitimate person C. Person C spends his money on legitimate sources. Person A then uses the rest of their money on legitimate sources.

In the income tax scenario. Person A makes $10,000 and pays $2,000 in taxes. They pay $100 for a black market item to person B. Person B pays no taxes and pays $100 rent to Person C. Person C pays $20 in taxes. Total taxes: $2020.

In the sales tax scenario. Person A makes $10,000. They spend $9900 on legal things and thus pay $1980 in taxes. They spend $100 with person B and pay no taxes. Person B spends $100 on rent to person C and pays $20 in taxes. Person C spends that $100 and pays $20 in taxes. Total taxes: $2020.

The thing is that everyone's spending in is another person's income. It doesn't matter which side you put the taxation on, it is equivalent. So the taxation you gain from black market dealers now buying legitimate items is lost from the income of customers who are buying black market items.

The only thing you forgot to account for is the 'illegal migrant worker' who currently must be earning under the table, since he has no legal social security number that an employer can take income tax toward. In this case you're brining a huge population into the tax base... take it with a grain of salt since most illegals are sending money to some other country.

Which makes me think we need to start championing bitcoin as THE way to pay illegals... and also as the best way for them to ship money back home.
634  Other / Politics & Society / Re: Obama or Romney ? on: October 18, 2012, 01:43:30 AM
Americans will not settle for working $7 an hour, in a hot field for 14 hours. If the wage was higher, the business would be unprofitable. Everyone has their price and the price of an American is too high.

That's false, if they can't find anyone to work the fields, that's because their pay is too low. It won't be unprofitable if everyone was paying higher wages and raising prices. Food is too cheap in this country, the waste of food is pretty disturbing to be honest (estimated 40% food produced go to waste).

Exactly correct. The problem with illegal migrant labor is that farming shouldn't be leverage business - a farmer should farm as much as he, his family and employees can farm. We shouldn't be turning a blind eye to them importing 1000 illegals for harvest at slave wages.

But we also need to remove subsidy programs that pay farmers to now grow crops - they're only in place to keep food prices up...


635  Other / Beginners & Help / Re: (Very) small investment opportunity - check it out on: October 18, 2012, 01:37:57 AM
Tell you what --- I'd be willing to fund your operation in the event that you disclose the intented use of the coins to me (privately), but I'll want a 50% cut of all profits - no need to consider it a loan, I'd rather be an investor.  Additionally, in the event that I think the idea is a lost cause and I choose not to invest, I'll donate half a bitcoin to your wallet - just because I'm a nice guy.

I'm confident that will be the best (and probably only) offer you'll get here.

636  Other / Beginners & Help / Re: Really need help with corrupt wallet, tried everything... on: October 18, 2012, 01:27:11 AM
Did you have system protection enabled for that drive in win 7? If so, you make backups of anything you don't want to lose and restore to a point before you updated... this should get you a working copy of your old (pre-update) bitcoin with working wallet.

Then you can extract private keys using standard methods.

After that you may have be allright... if not OS reinstall - etc.
637  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: October 18, 2012, 01:22:25 AM
Guess we all find out the truth in a few weeks.

That's probably the truest statement in this whole thread.
 Roll Eyes
638  Economy / Services / Re: I will answer chemistry questions on: October 17, 2012, 03:12:40 PM
Hrm, let's see: he is taking CO2 + H2 -> CO + H2O, but he doesn't want to start with C. Trying to do some carbon sequestering of atmospheric CO2?

CO can be added to meat packaging to prevent spoilage.

CO can be used in some chemical reactions as a starting material. (One reaction I run sometimes is hydroformylation, where CO and H2 are added to an alkene to form an aldehyde).

Ah, thank you... now I understand - he must be working on a cap & trade machine. . .
639  Economy / Scam Accusations / Re: Nefario on: October 16, 2012, 11:47:17 PM
Sometimes you just do what feels GOOD.

What?

Fucking feels good but I don't do it in the street like a wild dog.

You should try it sometime - actually it's quite liberating.
640  Bitcoin / Hardware / Re: ASIC mining -- is my math right? on: October 16, 2012, 11:46:26 PM
here's the deal I am not trying to step all over your math it looks right and I can agree with it.. however.. there is no account for other companies producing or private groups along with how many will be produced.. on top of that there are no known products out now that show us what they can do.. we can take their word for it if you like but I wanna know where this is going to go.  Until these devices are out in the wild hashing away we don't know anything.

Agreed - I've pre-ordered some BFL - but also going to get some bASIC (since the bigger ones are actually cheaper) just to try them out. I'm not sold on the idea of a bareboard without power supply or enclosure, but we'll just have to see.

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