Hows that working out with the US Govt? Doesnt seem like they are acting too responsibly to me.

lol @ BTC "crashing" to $500

This isnt a new discussion, please use the search function.

1) SHA2 isnt vulnerable, and if it ever becomes vulnerable, its not like a switch thats flipped. We can see it coming, and adapt.

2). Bitcoin used double-SHA256. So even if SHA2 gets weakened, Bitcoin is still fine.

Bitcoin-qt has encryption built in. Just goto "Settings" and make sure you use at least 15 characters (numbers and symbols help strength a lot).

Make sure you use a phrase you wont ever, EVER forget.

Once the wallet is encrypted, your coins are completely safe. Even if someone gets their hands on it, its useless to them.

Make sure you back it up, copies on flash drives stored in physically distinct locations are best, but if its encrypted very well, you could put it in an email or cloud storage, so it cant ever be lost.

Can we stop throwing around the term "intrinsic value" and please have this not devolve into a semantics discussion because I did 4 years as a philosophy major and that shit was like a tour of Nam I dont want flashbacks.

I like gold and silver because Im so bearish on fiat. But they cant compare to Bitcoin. Bitcoin is so much more useful to me, personally.

Bullion is simply an insurance policy against shit really hitting the fan. Its not an investment itself, per se. Its just a hedge.

Maybe, it depends on when that "bloody" quote was from. My feeling is, the earlier it was posted, the more likely it was simply normal usage and not something dropped in an attempt to throw people off his tail. Im guessing by the time Satoshi realized his anonymity problem, he realized it was better to just stop posting at all rather than change his usage.

Aplpha is definitely legit, the only questions are if they will ship on time (say end of summer/Sept) and at spec

personally I think its worth a gamble, but who knows difficulty could be 20k by then if Litecoin goes crazy this year (and it will)

+1, almost all coins mined in first 6 months, ugh, its not appealing at all to me

I bet on this, its been almost a week and I'd like to get paid, I dont think there is a lot of detective work to do here! 

So the grow/mine space never happened? Still plans for it? Sounded like a cool concept

Dude, what are you talking about? I paid dozens of bitcoins in rake, and those coins are now worth tens of thousands of dollars. I gave seals tons of action when the player base was way lower. There are several other players like me who would literally build ring games out of nothing and played in tough spots constantly just because we liked the site and the whole concept of bitcoin poker.

150 Krill freeroll is our just due. The amount you can win in your lower tier freerolls is likely proportional to the amount of coin you paid in rake. Dont hate man, be glad we helped make seals a success and be happy you can play poker online. Half the time I totally space on the big freeroll anyway, as Im not on seals much these days.

BFL

As a professional gambler, let me explain to you what risk is. Risk is when we take a pair of Queens against Ace-King all in preflop (54% favorite)

Gambling is when we have the worst of it, flush draw vs a set, not getting the rights odds to call, but say "ahhh fuck it" and stick in the chips.

What you are doing isnt taking a calculated risk with a positive expectation. What you are doing sir, is purely gambling, hoping to get lucky.

Exhaustive research has proven that mining and marriage dont mix, its like oil and water really, even if you put it in a blender it just gets messy

Rather than do this, which is a terrible idea, try to accept payment for software development in bitcoins. Try to develop bitcoin related software.

That is much better plan for increasing your coin count than what you proposed (lol).

This has nothing to do with difficulty or BTC price. It has to do with the fact that an single person with a $5000 budget cannot compete with companies that have $500,000-$5,000,000 budgets, which is what we are starting to see in the mining game now. Even with altcoin mining the game is coming to an end, there are huge 100mh/s+ GPU farms out there sitting in climate controlled datacenters with 100% uptime, mining on private pools, and now ASICs are almost here for scrypt also, so GPU mining is coming to a close in 2014. Even alts like Primecoin, which doesnt even use hashcash and is mined "CPU only" are seeing massive farms of cloud hashing on Amazon cloud and DigitalOcean. You're overclocked i7 doesnt mean squat when I have thousands of instances of miners running in a cloud, and Im paying a nice cheap bulk rate for the processing.

Mining has gone pro. The big money is now into crypto, which is what everybody wanted. Crypto cant go bigtime without it. But it means profitable mining, for the everyman, is effectively over unless you want to lower yourself to mining Dogecoins or some other such flavor-of-the-week scam/sham/shit-coin which will be long gone tomorrow and no sane person would touch with a 10ft pole.

But my more important, salient point is that people new to crypto should not be looking at mining period. Nobody who isnt already neck deep into mining and knows the game inside out should be looking at getting into it. Its too late to climb that learning curve. But many of these people have vast expertise in other fields, like IT, network security, 3dprinting, manufacturing, marketing, product development, customer service, consulting, etc etc etc. These fields will see explosive growth in the next 2-5 years as Bitcoin takes off and spawns an entirely new digital economy, and being in on the ground floor of that is still very possible and most certainly will be profitable. So dont look at mining and try to learn a new game you cant possibly win at. Apply what you are already expert in to the Bitcoin space and you may be the next titan of your industry.

it got 51% attacked, the developer was helpless to stop it and had to essentially beg a real dev to add advanced checkpointing so it didnt die off instantly. Which means, its just gonna die slowly now. I mean, it doesnt even have its own genesis block, talk about failure to copy and paste correctly lol

Let me play poker on Zynga for Bitcoins. One time!!!

could be power supply, how many watts you got and is it bronze or gold rated?