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7561  Bitcoin / Project Development / Re: Should we buy bitcoin.com ? on: May 23, 2011, 06:02:41 PM
Short answer: yes.

Long answer: yesssssss.
7562  Economy / Marketplace / Thinking about creating an escrow service... on: May 23, 2011, 04:05:51 PM
This would be put on my list of "websites to create", probably won't get to it for a few weeks as I already have two other sites in progress.

Anyway, I'm thinking about setting up an escrow service website.  Biggest problem I have right now is the resolution of conflict.  If I take the paypal route, anyone with a tracking # showing proof of shipment would be awarded the bitcoins.  However, I know sellers are known to rip people off by sending bricks, notebooks, etc to buyers in place of the actual items.

Is there any way that anyone can see to prevent this?  Obviously, taking pictures doesn't help, as the buyer could have just as easily filled the box with his own bricks.  I thought about unboxing videos, but the buyer could have also used his own bricks, then resealed the box.  Aside from videoing nonstop from the point of the mailman delivering the package, I can't think of any way for the buyer or seller to really verify with 100% proof that they did indeed uphold their end of the deal.

Another option is to "hook in" to my feedback website, to where any complaints against a buyer or seller result in a negative feedback against that person.  However, I know that many people may want to use an escrow service anonymously, so I'd want to be sure to be able to service their requests as well.

I could always go the clearcoin route of having coins donated to a charity if the seller doesn't produce the goods.  But that still poses a significant risk to the seller.  I would like to alleviate the risk to both parties.

Also, this is not "just another escrow service".  I have a twist on it that will definitely help buyers and sellers.  I'm excited to reveal the completed site down the road.  Smiley

What would the community like to see out of an escrow service?
7563  Bitcoin / Mining / POLL: Are you still buying mining equipment? on: May 23, 2011, 03:46:15 PM
Just curious.  So answer the poll already!
7564  Bitcoin / Bitcoin Technical Support / Re: Setting up a farm? on: May 23, 2011, 04:00:02 AM
If the spread is huge I understand, but lets say the faster card is 20$, $30, or $40 more, when do we draw the line? Over time that extra spent on the faster card will bring in more money.

I think I would prefer to know how long it takes to pay it off.
Hey, its your money, do with it what you want.

EDIT:  Also, the card with the best MHash/$$ ratio will be the quickest in pay off.
7565  Bitcoin / Bitcoin Technical Support / Re: Setting up a farm? on: May 23, 2011, 03:44:07 AM
Hi everyone this is my first post and comment...so bear with me.

I too am looking to start a farm, but I don't understand the math you are using to justify what card you are going to buy. I do not understand why you base it on how much the card costs, as opposed to how long for it to pay for itself. I guess it might be the same, but something in the math somewhere is bothering me...

Maybe I am having trouble explaining myself, but if you cheap out and worry about a card that is 50 bucks more, after the card is paid off, how much are you losing? If one card costs 50 bucks more but will make you 200 bucks more per month, why skimp?

Because if I can buy 3 cards that make me 250MH/s each, instead of 2 cards that make me 300MH/s each for the same price, I'll go with the 3 cards.

Simplistic example, but basically, you want to go with the card with the best hash/$$ ratio, as long as you also include computer overhead with each card.
7566  Bitcoin / Mining / Re: Getting 3.3BTC/day, should be getting 4.53 on: May 23, 2011, 01:42:14 AM
Btw you should be getting a lot more from your 5850-s. Somewhere around ~340 Mh/s with just clocking the core to 900Mhz, which for most 5850-s doesn't require increase in voltage  Smiley
Well, one is running on a 400w generic-brand PSU that tends to restart the computer at some point overnight if I try to overclock the card at all.  Figure it's better to leave it stock until I find the issue.  The other one is running in my main desktop, and caused all sorts of problems if I overclocked it, including games not starting up or locking up, randomly swapping between aero and basic, etc.  Just more trouble than it was worth.  I'd rather have a machine that runs well for my primary desktop than a machine that gets 80 more MH/s.

Why the large discrepancy between what I am getting and what the calculator says?  Just bad luck?  I would expect luck to even out quickly in such a large pool.  It just doesn't seem right...
Look at the Statistics page for current luck situation. We had 33% worse luck yesterday. Now it's already normal.
Thanks.  My 24 hour average did jump up to 3.98 now.  That's still a good 12% less than what the calculator says I should be getting though... are we still having a bit of bad luck, or are my calculations off somehow?
7567  Bitcoin / Bitcoin Technical Support / Re: Save my SSD! Bitcoin is eating it ALIVE! I/O Write's on: May 22, 2011, 07:09:41 AM
I wrote 112GB/day in 4KB files to a 60GB SSD for 2 months straight.  It's still alive and kicking today, and still says 100% life.

Bitcoin is NOT eating your SSD alive.  Not even close.  Not even remotely close.  Running Bitcoin for your entire lifetime would be a literal drop in the bucket compared to the life of your SSD.
7568  Other / Off-topic / Re: The Rapture on: May 22, 2011, 07:07:26 AM
So why I am ain't in hell yet sharing places with recent victims of demonic armies?  Huh

I guess the devil doesn't really exists and some Christians are really just nuts.  Grin
Or, there are a handful of extremists who actually believe crap that is completely contradictory to what the Bible says, while they bask in the media attention.

They aren't Christians - they don't even believe in everything the Bible says...
7569  Bitcoin / Mining / Re: Getting 3.3BTC/day, should be getting 4.53 on: May 22, 2011, 07:05:44 AM
Deepbit had some brief downtime today. That might account for some of the discrepancy.
Even in the previous 24 hours, it never went above 3.68.  Sad
7570  Bitcoin / Mining / Getting 3.3BTC/day, should be getting 4.53 on: May 22, 2011, 07:03:38 AM
According to this bitcoin calculator (http://www.alloscomp.com/bitcoin/calculator.php), I should be getting 4.53BTC/day.  I have 1100MH/s split up in the following manner:

5850 - 265MH/s
5850 - 265MH/s
5770 - 172MH/s
4650 - 22MH/s
5870 - 370MH/s

I'm mining with deepbit.net, and recently changed from PPS to Proportional.  I haven't had a machine go down at all over the last 48 hours, and have been watching the "BTC in last 24 hrs" counter on the deepbit website.  It's been down as low as 2.96, as high as 3.68, and mostly in the 3.10-3.20 range.  Right now, it's 3.30.

Why the large discrepancy between what I am getting and what the calculator says?  Just bad luck?  I would expect luck to even out quickly in such a large pool.  It just doesn't seem right...

Has anyone else done this sort of analysis on their own mining?
7571  Bitcoin / Development & Technical Discussion / Re: At least 1 unique address per block? on: May 22, 2011, 06:22:11 AM
Thank you much!  Wink
7572  Bitcoin / Development & Technical Discussion / At least 1 unique address per block? on: May 22, 2011, 06:06:58 AM
Quick question.  Is there at least one unique address in each block?  Or are the reward addresses reused?
7573  Other / Politics & Society / Re: Welfare is deforming children! on: May 22, 2011, 05:24:36 AM
I think this article is a real eye-opener to anyone who thinks welfare, as currently implemented in the US, is a good idea....

http://mises.org/daily/3822
7574  Bitcoin / Bitcoin Discussion / Re: A Bitcoin USB Wallet on: May 22, 2011, 02:53:21 AM
don't use thumbdrives.

use SD or microSD cards.  buy a bunch without labels.

and you can print up logos on an inkjet using sticky-back, high-gloss paper.
Do both, and let people buy whichever one they want.  I can see the advantages of an SD card, but I don't always have a card reader handy, so would prefer a USB stick.
7575  Economy / Marketplace / Re: [COMPLETED] Free 0.10 BTC! on: May 21, 2011, 08:37:14 AM
Prizes dispersed to those who qualified!  Thanks for the participation!  Wink
7576  Economy / Economics / Re: Big buyers flooding the market with bitcoins ? on: May 21, 2011, 03:43:03 AM
Fake sales driving down btc price. Can use co-conspirators, or multiple accounts.  Examine the  spikes carefully, thay hardly move price and are dark to dark. Wish I'd thought of it.
Can you explain how fake sales drive the price down?

From TA thread:
With "Dark Pool Only" trades, you could have two accounts and sell a large quantity for a lower price than current bids to your other account.  Sure, you pay the fees on both sides, but when people see the order go through they see it as a legit trade and adjust their price expectations accordingly.

Of course it will only work a few times, but it can work because there are a lot of inexperienced traders involved with bitcoin.  As to whether this is what's going on, IDK.  I'm away from home and I've really only been on the forums and glanced at charts a few times.
I guess I don't understand...  if there are open bids higher than the darkpool sell, why does anyone care?
7577  Economy / Economics / Re: Big buyers flooding the market with bitcoins ? on: May 21, 2011, 03:21:52 AM
Fake sales driving down btc price. Can use co-conspirators, or multiple accounts.  Examine the  spikes carefully, thay hardly move price and are dark to dark. Wish I'd thought of it.
Can you explain how fake sales drive the price down?
7578  Bitcoin / Mining / Re: Is rig building still profitable? on: May 21, 2011, 03:09:07 AM
Where a work the hardware that runs above 65 C burns out faster than the stuff that runs below 55 C at a cost of hundreds of thousands of dollars.  Then again all the lasers and electron guns don't help much.  I have already wrecked my old HD4850 running constantly @ 73 C so I assumed that the same trend I see at work would apply to mining.
But see, other people have had cards die shortly after purchasing them out of the blue as well.  Or die during what would be considered "normal use".  Just because yours died doesn't mean that heat was the cause.
7579  Bitcoin / Bitcoin Discussion / Re: A Bitcoin USB Wallet on: May 21, 2011, 01:25:32 AM
There's plenty of companies who'll put a custom logo on a USB stick for you, but they do it in batches of 100, so for single users it's not cost-effective.
However, if you want the advantage of a removable medium that can be stored in your physical wallet the logo is just showing off Wink

Don't bother copying wallet.dat to the harddrive - that increases security risks needlessly. Stick windows, linux and mac builds  of the client on a USB stick with all the settings also on the USB stick using relative pathnames - you can skip having all 3 platforms if you only use one of them. Personally i'd stick an encrypted filesystem image and a script for decrypting it on there and manually decrypt+mount it as needed, though right now I have no need for moving my wallet.dat around.
Oh, that's an excellent idea.  Then you can just plug it in and run it on any computer.

I like.  Cheesy
7580  Bitcoin / Bitcoin Discussion / Re: A bet on the future difficulty level on: May 21, 2011, 12:11:30 AM
Hey now, you said it would be "way closer to 360,000 than 500,000".  Grin  It sounds like the terms of our bet would be under 400,00, you win, over 400,000, I win.

As for GPG, there are good instructions here: http://bitcoin-otc.com/  Basically, you download the software, generate a key, register it with the gribble bot on #bitcoin-otc, and then from there I can pretty easily show you how to sign a message with your key.
Haha, no way I'm taking that bet!  That leaves you with all the room for a mistake in judgement on my prediction.  Smiley

My bet is that the difficulty will be 400,000, and unless you're changing your mind, your bet is that it will be 500,000.  That leaves 450,000 as the center point.  If you want to go over/unders, then my bet is that it will be below 450,000.  Take it or leave it, but it sounded like you were pretty confident in your bet at 500,000.  Wink
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