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6421  Economy / Speculation / Re: Goomboo's Journal on: March 01, 2012, 03:31:12 AM
Just a point of clarification... curve-fitting it the process regardless of success.  The term you are looking for is overfitting.

http://en.wikipedia.org/wiki/Overfitting
6422  Other / Off-topic / Re: Happy Bleep Day Shitheads! NSFW on: March 01, 2012, 02:29:20 AM
Sorry, sir, the house limit is 3 do overs.

^ this sentence is breaking the fucking rules already.



Bleepday's over fucktard.
6423  Other / Politics & Society / Re: renting out a house is armed robbery! on: March 01, 2012, 02:10:46 AM

If you have a nationwide purchasing power and a humongous budget, you can get the best price possible.  That's why the UK system works - drugs and labour are bought for less. 

Wait, the UK system works?  For whom?  It certainly didn't work for the guy who had to drink water from the hallway flowerpot.

Way to use an abstract reference no one has heard of.
6424  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: March 01, 2012, 01:58:26 AM
I find it funny how people get so emotional on the internet for nothing. Its just words, coming from someone you do not know...come on. On the internet everybody is a tough guy...

I have a 5 year old daughter who really does not take it lightly when someone makes a face at her. If i do not nip it in the bud now, she might end up like you. Wink

lol
6425  Other / Off-topic / Re: Happy Bleep Day Shitheads! NSFW on: March 01, 2012, 01:30:23 AM
Shit! I should have penned, "I feel so fuckin' dirty now!" Can I get a do over, you cocksucker?




Sorry, sir, the house limit is 3 do overs.
6426  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: February 29, 2012, 05:25:02 PM
i am running my own hopper.
what i'm doing is not hopping, btw.

Does not compute one fucking bit.

Quote
if i can't get what i need and expected from a service, i stop using it. what's so hard to understand?

Great, stop using the damn thing.  There is not need to get offended by my shitty language... it's not about you, it's bleepday.
6427  Other / Off-topic / Re: Happy Bleep Day Shitheads! NSFW on: February 29, 2012, 05:12:56 PM
(Now, I feel so dirty!)

Bleep fail, minus 1 fucking point.
6428  Other / Off-topic / Re: Happy Bleep Day Shitheads! NSFW on: February 29, 2012, 05:11:33 PM
What the fuck is bleep day you ask?  Bleep day is the best damn way to celebrate the extra day more commonly referred to as leap day.  The rules are so fucking simple any asshat can participate.  All that is required is for you cuntwads to add at least one expletive word to every sentence.  Now start celebrating you taint licking faggots!
notme, you fucking cunt. How is your goddamn day so far? Celebrating bleep day here, man up faggots!

My goddamn bleep day is fucking fantastic so far.  It's the best one yet, but that may be because my assclown roommate didn't invent it until this year.  What a fuckwad.  He should of thought of this awesome game years ago, but he was too busy with other shit.
6429  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: February 29, 2012, 05:04:47 PM
i am running my own hopper. it is a separate system altogether. i don't point gpumax to my hopper, the rig just can't handle it, i realized that long time ago.
there are several techniques where bithopper can't do, only gpumax and perfect timing can.

this is the point of having an additional hashing-provider service, to earn more $?
i stop using service that's unreliable and costs me $ in the long run.

hoppers still hopping, but booster needs keep on boosting, as precise as possible. not 6 hours later.

i'm not stupid enough to point gpumax purchases to pps pools.

Maybe quit being a dick and trying to exploit the bitcoin network to the detriment of honest miners.  Or at least, quit bitching about how gpumax doesn't help you be an asshat.  Also, happy bleepday fuckwad: https://bitcointalk.org/index.php?topic=66757.0
6430  Other / Off-topic / Happy Bleep Day Shitheads! NSFW on: February 29, 2012, 04:58:14 PM
What the fuck is bleep day you ask?  Bleep day is the best damn way to celebrate the extra day more commonly referred to as leap day.  The rules are so fucking simple any asshat can participate.  All that is required is for you cuntwads to add at least one expletive word to every sentence.  Now start celebrating you taint licking faggots!
6431  Other / Politics & Society / Re: Why China’s Political Model Is Superior on: February 29, 2012, 03:03:09 PM
lol I was being facetious. Forgot my tongue in cheek smiley. US companies owning the land was a jab at the whole Iraq war bullshit around oil.

Forget oil, you've got a more direct example with poppies in Afghanistan.  The Taliban had eradicated them, but as soon as we (America, fuck yeah!) show up, heroin and opium flow out of Afghanistan like chocolate from Willy Wonka's factory.
6432  Other / Politics & Society / Re: Faith in a higher power. on: February 29, 2012, 02:54:36 PM
Higher power,  maybe.

Religion,  no way.

Higher power, absolutely

Religion, only with several truckloads of salt and a serious cross-cultural comparison
6433  Other / Politics & Society / Re: renting out a house is armed robbery! on: February 29, 2012, 02:52:03 PM
realnowhereman - are you really saying you made it up?  And based a post on it?

/boggles.

98% of statistics are made up on the spot.  This isn't an academic journal and you are silly to think this forum is anything but people wasting time on pointless arguments.

That said, he explained the basis of his estimate and provided sources to back it up.  You are ignoring all that.
6434  Economy / Economics / Re: How big is Bitcoin's presence in China? on: February 29, 2012, 02:37:20 PM
With the US deficit not shrinking any time soon, China looks like its going to becoming one of the world's most important economies. How big is bitcoin in China?

The volume pie chart on Bitcoincharts doesnt show CNY, but given that the country has heaps of rich folk now... this cant be right!?

With China having roots in communism and the state wanting to control everything, bitcoin in theory (being both anonymous and decentralized) would be very valuable to them.

In reality, the Chinese government is insanely afraid of the circulation of non-fiat currencies. Fundraising and financial companies in China are also highly regulated. An enterpreneur had just been sentenced to death just because she promised a high interest rate to her loaners(http://en.wikipedia.org/wiki/Wu_Ying). This is why services like Bitcoinica wouldn't exist in China for at least a while.

From the link, it looks like she did more than promise high interest... Half the money was missing by the time they arrested her.  The death penalty is a bit steep, but she was guilty (and plead as such) of more than offering good interest rates.
6435  Economy / Speculation / Re: Its called a correction on: February 29, 2012, 05:26:27 AM
there has always and will always continue to be a 'natural' demand for certain items including gold but you have to ask yourself what the price of gold would be without all of the speculation and performance chasing. Take oil for instance, there was no way that the value of oil would have flown from $100 to $150 a barrel right before crashing down to $40 back in 2008 if speculation did not have a huge part in the run-up. Yet, during that run-up everyone was saying that oil would never go down since the oil demand will keep going up while supply would keep going down. No one even considered that the world economy would crash and destroy demand. Now you see the same thing with gold; everyone just assumes that gold demand will keep going up because they rationalized it to themselves the same way that we did with oil; demand and price keep going up therefore both will always go up. But, think to yourselves if the world economy crashed again; even Indians would be buying food and other necessary items rather than gold. The worst mistake that you can make in the investment world is thinking that a certain trend will last forever just because it is happening now.

gold went up 500% in 10 years while inflation went up a fraction of that. Trust me, the rise in precious metals is not a natural and normal rise. Right now it is purely based on speculation and not on inflation expectations. People always chase the best performer which gold has been for a while now. It has become a crowded trade.


The other day I watched an interesting special on 60 Minutes detailing how India accounts for 32% of the global gold market, and half of that is just for jewelry bought for weddings.  Gold is considered not only a means of wearable wealth, financial security and status, but is also considered sacred. A family that doesn't own gold is considered an "incomplete family.


Preview of the segment: http://www.cbsnews.com/video/watch/?id=7398291n




Not to mention, if most Indian families have gold, when the rough times come they will just pass the gold around instead of buying new gold from outside the country.  The demand there is so high now because their economy hasn't been hit as hard, mostly because they value assets more than Americans and Europeans, who just want fancy toilet paper and credit.  But even India and China will be hit if the global economy takes another hard dip before we recover enough to have some breathing room.
6436  Other / Politics & Society / Re: Wyoming lawmaker introduces doomsday bill on: February 29, 2012, 05:16:43 AM
The way the US Dollar is being devalued, I think it is very smart to have a contingency plan for currency in particular.   Maybe someone should right write the sponsor of this bill to educate him about bitcoin?

FTFY
6437  Other / CPU/GPU Bitcoin mining hardware / Re: At what hash rate does it become advantageous to solo mine? on: February 29, 2012, 04:04:52 AM
None.  p2pool.  It is like solo mining with the reduced variance of a 270 GH/s farm.

Prior to p2pool I would say 10 GH/s if you are adventurous, 20GH/s+ for more conservative.  Now w/ p2pool there is absolutely no reason to mine solo ... unless you like "exciting" week long stretches (months if you have less hashing power) without any blocks found.

Good point... P2Pool wasn't around way back when difficulty was low enough for me to solo mine.
6438  Other / CPU/GPU Bitcoin mining hardware / Re: At what hash rate does it become advantageous to solo mine? on: February 29, 2012, 04:00:35 AM
i don't know if hardware is the best place for this, but its about hashing capacity so i thought maybe.

from what i've been reading, it seems the advice is given that it is more profitable to mine with a pool.

if that is correct, at what hash rate under your control would it be more profitable to mine on your own, paying no tax and keeping all the transaction fees?

I wouldn't mine solo unless you can pull a couple blocks a week.
6439  Other / Politics & Society / Re: Wyoming lawmaker introduces doomsday bill on: February 29, 2012, 03:59:09 AM

Thanks for sharing, interesting idea.  Update us if you notice how it ends up (passing/voted down).
6440  Economy / Goods / Re: What is WTS / WTB??? on: February 29, 2012, 03:36:13 AM
Undecided

i always read it as willing to sell...

Want and willing are pretty much synonyms.  I've heard it both ways.
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