No one with a domain name aside from bitcoin.xxx should worry. There are plenty of trademarked names used in URL's all over the place. For example, the Gears of War 2 forum. http://www.gearsofwar2forums.com/Gears of War is a trademarked name, yet it is being used in a URL by a 3rd party. This is allowed. Cybersquatting could come in to play with a domain like bitcoin.com. Even bitcoin.org should be fine though, as it is an established site and doesn't "look" like an intended cyber squat. The laws regarding trademarks and URLs are only meant to protect companies who are basically being bribed to use the domain name that should rightfully be theirs. Fan sites are usually explicitly allowed in the ToS of games, and they usually do reserve the right to tell them to c&d if the ToS is not met. Really depends on what the content of the sites are too. While an obvious cyber squatting site is an almost sure loss in the arbitration, it is not the only way to lose. While that was the intent as to why the rules got put in place, like most things they can be strectched beyone that if the attacked party does not have resources to defend themselves. The fact a domain has more words in it then just bitcoin would not be a sure defence. Any instances of this actually holding up in court? As in, a company successfully took down a domain name of someone for a reason other than cyber squatting, or due to ToS, etc? I mean, you don't have to accept any ToS to create a domain name, so I'm not sure how that applies... I agree it is not a sure defense (what defense is, really?), but unless there are instances of courts seizing domain names for a reason other than cybersquatting, I am not worried. It is not a court, it is an arbitration panel. And yes. Any examples? Or links to examples? |
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No one with a domain name aside from bitcoin.xxx should worry. There are plenty of trademarked names used in URL's all over the place. For example, the Gears of War 2 forum. http://www.gearsofwar2forums.com/Gears of War is a trademarked name, yet it is being used in a URL by a 3rd party. This is allowed. Cybersquatting could come in to play with a domain like bitcoin.com. Even bitcoin.org should be fine though, as it is an established site and doesn't "look" like an intended cyber squat. The laws regarding trademarks and URLs are only meant to protect companies who are basically being bribed to use the domain name that should rightfully be theirs. Fan sites are usually explicitly allowed in the ToS of games, and they usually do reserve the right to tell them to c&d if the ToS is not met. Really depends on what the content of the sites are too. While an obvious cyber squatting site is an almost sure loss in the arbitration, it is not the only way to lose. While that was the intent as to why the rules got put in place, like most things they can be strectched beyone that if the attacked party does not have resources to defend themselves. The fact a domain has more words in it then just bitcoin would not be a sure defence. Any instances of this actually holding up in court? As in, a company successfully took down a domain name of someone for a reason other than cyber squatting, or due to ToS, etc? I mean, you don't have to accept any ToS to create a domain name, so I'm not sure how that applies... I agree it is not a sure defense (what defense is, really?), but unless there are instances of courts seizing domain names for a reason other than cybersquatting, I am not worried. |
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I still don't understand the math.
If there are 10 pies and 8 are lost, why would you divide the 2 remaining pies?
Why would only pie holder #1 get to keep his pie and pie holder #2 has to give his up.
By the way. Which insurance company do you work for?
Neither has to give up his pies. What are you talking about? |
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It is seriously gonna happen, one way or another. Even it trends won't go as bad as I thought, once 7xxx are on market, there WOULD be lots of cheap GPUs for sale.
The 6xxx series out out, and look at the prices of the 5xxx series. Nothing is guaranteed. |
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No one with a domain name aside from bitcoin.xxx should worry. There are plenty of trademarked names used in URL's all over the place. For example, the Gears of War 2 forum. http://www.gearsofwar2forums.com/Gears of War is a trademarked name, yet it is being used in a URL by a 3rd party. This is allowed. Cybersquatting could come in to play with a domain like bitcoin.com. Even bitcoin.org should be fine though, as it is an established site and doesn't "look" like an intended cyber squat. The laws regarding trademarks and URLs are only meant to protect companies who are basically being bribed to use the domain name that should rightfully be theirs. |
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Yes, I'm saying there are some miners who are going to be *very* disappointed with their expensive toy(s).
Why do YOU care?  BTW, return on investment in 130 days + still owning the asset (the GPU), that's a really good investment. And everyone should know that Bitcoin is kind of a gamble right now. I guess I'm one of those people who's annoyed by stupidity. Regarding the investment potential, I disagree. When you're talking 130+ days to payoff, I don't think BTC mining would even cover depreciation of the "asset". Remember, there is the "drive it off the lot" drop in value that happens when you remove the cellophane from your new video card. But the 7000 series is also coming this fall -- far less than 130 days from now. And even if it WERE a good investment (which it's not) you'd be *smarter* to buy the thing on NewEgg for $329.99 after rebate, and get a BRAND NEW one that you can RMA if it's defective, etc. than to buy it from some person on Craigslist for $350. Heck, you don't even get the 1% cashback on your credit card when you buy things on CL. CL sellers don't take credit cards. 1. 130 days to a 100% ROI is a VERY good investment. Just ask any businessman. 2. The card won't be worthless when the 7000 series comes out. Perhaps not worth as much, but far from fully depreciated. 3. If you're a miner, you want to start mining ASAP. You don't want to wait for newegg to ship it, and you don't want to pay extra to have it expedited. Every day not mining is some amount of bitcoins lost. Craigslist holds the advantage in that you can go pick it up, bring it home, and start mining immediately. 4. New is better, I'll agree with you there. 5. Some people don't like rebates, so if $350 is better than the before-rebate price on newegg, I can understand why some people would go for the CL card to save a few bucks. 6. You can't assume that bitcoin difficulty will continue to increase while price will stay the same. That's NOT going to happen. We've already seen a level off of the difficulty, and we're still several multiples above the cost of electricity. Many companies are happy with a 15% margin on their operations - the typical bitcoin miner is operating on 300-400% margins. Uncertainty of the future will always keep mining profitable for the vast majority, unless/until the price drops significantly from where it is today. But as long as the price stays the same, or goes higher, mining will remain profitable. You seem to be contradicting yourself, and there's something you're gravely missing. You mention 300-400% margins being incredibly attractive, but don't seem to understand that people are going to continue to pile in (albeit at a slower rate than early June), until margins are much more like a business "15% margin". That's my point: even if price/difficulty stays about where it is, mining capacity will be added THROUGH INERTIA ALONE -- existing miners adding a card here and there, big-time miners adding a few dozen cards here and there, gamers firing up their ATI cards (remember, there are MILLIONS of them) after they find out about Bitcoin mining, and new miners buying a card or two and getting started "because I make $10 -- and only $5 of it is for electricity!" (that would be an example 100% margin -- still a ways in the future). Ok, I will conceded that point. I suppose then, my point is that as long as bitcoin prices continue to rise over the long term, we will not see anywhere close to a 15% margin on mining, and we will continue to see 300%+. If prices were to stay consistent, that would reduce volatility, people would feel more comfortable with purchasing more equipment even for smaller margins, and we would EVENTUALLY possibly reach a thin, business-like margin. But I very much doubt the price will stay consistent to allow that to happen, and I don't see where or how you could extrapolate that it would. Bitcoin is going to either go up or down from here, but it sure as heck isn't going to stay in the same place. You said that a 5970 purchased today at $350 would never pay for itself, and would be worthless in 130 days. That is just plain wrong, and is based on the absurd assumption that difficulty will continue to rise at an exponential rate while the price stays the same. Difficulty will not continue to rise exponentially while the price stays the same, as you even admitted yourself. In fact, it will continue to rise as an exponentially DECREASING rate if price stays the same. Now, show me a reasonable model where the price stays the same and the difficulty rises at a exponentially decreasing rate, and show me that you still cannot pay for a 5970 through mining, then reselling the hardware when it becomes unprofitable. Then, I might believe what you are saying. But the outright lies that you posted in the OP is just you trying to plant some FUD to keep people away from mining. |
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That's not cookie stuffing - that's linking an image. It's not an image. It's an IMG tag pointing to the TradeHill home page, which is HTML. So there is no valid avatar image, but viewing a page containing that IMG tag results in a cookie for TradeHill referral code TH-R195. That pretty clearly meets the description of "cookie stuffing" on wikipedia. My bad - I glossed over what you were saying.  |
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That's not cookie stuffing - that's linking an image. |
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people are watching and examining deepbit like hawks, I doubt deepbit will do anything fraudulent. Plus why would any established pool destroy their own investment by destabilizing bitcoin network? the reward is tiny vs the potential loss. What we need to watch for is if any non-established source has control of hash power over 50%.
But what if someone hacks deepbit and gains control of the pool? It would be a short lived win, because deepbit doesn't control the pool's nodes. As soon as the breech was noticed, and it wouldn't take all that long, the nodes' owners would just starve deepbit of it's collective resources and the takeover attempt would be useless. But couldn't someone with control of 51% script it so they 'found' 1,000,000 blocks in the span of several seconds? No. They still have to be legitimate blocks with hashes inside of the difficulty requirement. Otherwise, all other clients would reject the new blockchain as soon as it was presented to them, and their double-spends wouldn't propagate. |
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6. You can't assume that bitcoin difficulty will continue to increase while price will stay the same. That's NOT going to happen. We've already seen a level off of the difficulty, and we're still several multiples above the cost of electricity. Many companies are happy with a 15% margin on their operations - the typical bitcoin miner is operating on 300-400% margins. Uncertainty of the future will always keep mining profitable for the vast majority, unless/until the price drops significantly from where it is today. But as long as the price stays the same, or goes higher, mining will remain profitable.
Supposedly difficulty follows price. And we've been relatively stagnant for a couple weeks now. Right. My point is, difficulty follows price at a distance. I do not believe we will ever see a point in time where mining ends up with 15% margins over the cost of electricity. The market is simply too volatile to warrant people making an investment in hardware for that small of a margin. And that's why the OP's prediction of mining off a 5970 eventually reaching $0.60 USD is just plain wrong - it will NEVER happen. Well, at least not until some other graphics card outpaces it by 100x or so, which may as well be never. |
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Yes, I'm saying there are some miners who are going to be *very* disappointed with their expensive toy(s).
Why do YOU care? BTW, return on investment in 130 days + still owning the asset (the GPU), that's a really good investment. And everyone should know that Bitcoin is kind of a gamble right now. I guess I'm one of those people who's annoyed by stupidity. Regarding the investment potential, I disagree. When you're talking 130+ days to payoff, I don't think BTC mining would even cover depreciation of the "asset". Remember, there is the "drive it off the lot" drop in value that happens when you remove the cellophane from your new video card. But the 7000 series is also coming this fall -- far less than 130 days from now. And even if it WERE a good investment (which it's not) you'd be *smarter* to buy the thing on NewEgg for $329.99 after rebate, and get a BRAND NEW one that you can RMA if it's defective, etc. than to buy it from some person on Craigslist for $350. Heck, you don't even get the 1% cashback on your credit card when you buy things on CL. CL sellers don't take credit cards. 1. 130 days to a 100% ROI is a VERY good investment. Just ask any businessman. 2. The card won't be worthless when the 7000 series comes out. Perhaps not worth as much, but far from fully depreciated. 3. If you're a miner, you want to start mining ASAP. You don't want to wait for newegg to ship it, and you don't want to pay extra to have it expedited. Every day not mining is some amount of bitcoins lost. Craigslist holds the advantage in that you can go pick it up, bring it home, and start mining immediately. 4. New is better, I'll agree with you there. 5. Some people don't like rebates, so if $350 is better than the before-rebate price on newegg, I can understand why some people would go for the CL card to save a few bucks. 6. You can't assume that bitcoin difficulty will continue to increase while price will stay the same. That's NOT going to happen. We've already seen a level off of the difficulty, and we're still several multiples above the cost of electricity. Many companies are happy with a 15% margin on their operations - the typical bitcoin miner is operating on 300-400% margins. Uncertainty of the future will always keep mining profitable for the vast majority, unless/until the price drops significantly from where it is today. But as long as the price stays the same, or goes higher, mining will remain profitable. |
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A couple of questions...
1. What happens if the user clicks out of the payment window after sending the coinage, but before receiving confirmation? Does my website still eventually get confirmation of the payment through the URL handler?
2. Is there any way to have user-enterable text be included in the callback post of an offer? The only reference for the button that I can see is an offer ID, and that obviously wouldn't allow a user to enter text. Is there something I am missing, or is this something that could be implemented in the future?
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Mmmmm, lots of choices, thanks for pointing out that list! If anyone has any recommendations from that list (or elsewhere), please do post in this thread! But it looks like this will give me a good place to start at the very least. |
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What options are out there for accepting bitcoin payments automatically? What I mean is, without me having to hand over a new address to each individual manually?
I'd like to be able to just point them to a URL that gives them a bitcoin address to make a payment to, and then, as part of filling out a form, enter in the address that they sent payment to.
I don't want to use mybitcoin either. They've been scamming people left and right, and I want no part of that. Any other options?
Run bitcoind on your server and use JSON-RPC calls from a program to generate a unique address for each transaction. Store addresses in a database and check for payment using calls to bitcoind to see how many confirmations are on that address. After the set amount of confirmations release the item you are selling. I was hoping for an established solution... I didn't really want to spend a bunch of time programming for this particular project. Is there nothing else besides mybitcoin? |
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What options are out there for accepting bitcoin payments automatically? What I mean is, without me having to hand over a new address to each individual manually?
I'd like to be able to just point them to a URL that gives them a bitcoin address to make a payment to, and then, as part of filling out a form, enter in the address that they sent payment to.
I don't want to use mybitcoin either. They've been scamming people left and right, and I want no part of that. Any other options?
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I think the term 'Bitcoin' is in the public domain. I also think - and I could be wrong - that the iconic image of the B with the strokes through it is also in the PD.
You know what ELSE will be in the public domain? This idiot's entire life after Anonymous gets through with him....
I don't think Anonymous is going after him... |
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Can results be logged to a text file?
Add '> file' to the command line. The greater-than character means "redirect output to file". It can. The -r switch was the trick.
I assumed you were using it . Thanks. Thought I tried '> file' already, but maybe it failed because I didn't use a space. Haha, and rightly so! It's even in the help file shown... I failed, my bad. |
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What are you talking about ugly? That's a fantastic roulette table for first draft!
My only comment so far (I haven't even played it, no bitcoins on this computer), is that making the bets going to the left-hand corner is silly. The lines make sense, why not have the best go in the middle if you aren't betting on a line? I think having the bets in the corner just confuses what you're betting on.
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Sorry, mine's still better. Difficulty adjusts more quickly or slowly according to the percentage change entered into the spreadsheet.
I like the graph though, nice touch. Oh, and I guess yours isn't in Excel, which is a huge plus.
Overall though, I've just given up on mining calculators. Mining will always be profitable for some people (you'll never have instances of making $0.60/month, as your and my calculators would indicate), so they're just kind of pointless. Modern efficient hardware will pay for itself eventually, unless Bitcoin takes a huge dump (which I don't think any of us are counting on).
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