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781  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 08:58:49 PM


You're displaying your ignorance on the topic.  GSM is a wideband commercial product not intended to mesh.  GSM cell phones have a practical range of about two kilometers, but that is to a very senitive celltower tranceiver. 

I live 6 KM from the nearest mast, but Im sure you are the expert.
That said,  you asked me to back up my claim of 1% chance to find another bitcoin user within 300m range, it turns out to be an average of 0,00051%  assuming ideal circumstances. I might be ignorant about radio technology, I do have a basic grasp of arithmetic. Do you?
782  Other / CPU/GPU Bitcoin mining hardware / Re: Intel HD Graphics on: April 27, 2012, 04:58:02 PM
Could be big... for botnets.
783  Other / Off-topic / Re: Are you a worm/trojan/virus expert? on: April 27, 2012, 03:20:34 PM
EDIT:  Is there a safe way to obtain a code generator or are they always a virus?

code generators and activation 'patches' are almost always identified as viruses, particularly if you enable heuristics in the AV. And yet often they arent, but how can one know? 

If you only need the code generator, run it in a VM.  If you need to patch your app, well,.. buy it. Or find a free alternative.
784  Bitcoin / Mining / Re: Hiring someone to set me up a BITCOIN MINING POOL in my VPS (PAYING) on: April 27, 2012, 02:09:12 PM
As above. ITs solo mining if you dont point your hashes to a pool.
BTW, if you are mining on cpus, then forget about bitcoin and try litecoin instead.
785  Bitcoin / Mining / Re: Hiring someone to set me up a BITCOIN MINING POOL in my VPS (PAYING) on: April 27, 2012, 02:01:16 PM
Perhaps he means a proxy.. ?
OP: do you expect to mine your own coins, or get paid by a pool?
786  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 01:54:18 PM
Yes but there will also be lots of stationary nodes and it won't just be BTC users using this device.

The key point of the device was that it needed no support infrastructure. But hey, go ahead and add an "access point" for each and every bitcoin user in the world, and still assume theoretical perfect geographic spreading,   and the above numbers.. well,  guess what, they only double.

Dont get me wrong, Im not entirely dismissing the concept. It has some merit assuming they can produce them dirt cheap, and ship them by the hundreds of thousands or at least get them in to the hands of people in targeted geographic locations so you get a meaningful chance of being able to connect. And that essentially means giving them away. I can see business models for that, but bitcoin users buying them isnt one of them.
787  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 07:54:13 AM
Another way of looking at it. Assume the maximum stated range of 300m. Assume perfect spreading.
30000 bitcoin users would be able to cover 51x51 Km. Out of a total of 510 million square Km of land mass. Funny that.

Edit. Not sure where I got the 30K from. It seems to be closer to 5K:
http://bitcoinstatus.rowit.co.uk/serversStart.png

SO all bitcoin users combined could theoretically cover 21x21Km. More realistically, only a fraction of that, barely enough to cover the small town I live in.
788  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 07:44:29 AM
Even if every bitcoin user in the world bought one, chances of being able to connect to the adhoc network would still be.. ~zero.

Thank you for your unsupported layman's opinion.  As for those of us who actually know a thing or two about radio telemetry & propagation, we've been providing actual facts on this kind of device for longer than most of you in this thread have even known what a bitcoin was.

EDIT: I've literally bounced a 2 watt signal off the F level of the ionosphere and was heard over 200 miles away from my position; and actual line-of-sight distance of at least 350 miles up and down.  Granted, that was with some high quality gear that wouldn't fit in my wallet to save my life; but for someone who's only experiences with low-power digital telemetry involves the wifi scanner app on his smartphone to tell me it-just can't-be-done is offensive.

Have you watched the video? They claim 100 to 300m range. Meters, not miles.

For some perspective, I live in one of the worlds most densely populated countries. We have ~10.000 GSM masts for 10 million people, which still isnt enough to provide complete coverage. GSM has ~20x the range of those cards, which probably means you would need ~400x as many users to get comparable coverage (someone bored enough to do the actual math, be my guest).  

How many active bitcoin users were there again worldwide? Something like 30.000?  Even if ALL of them bought one, and ALL of them gathered in my tiny country, it wouldnt work 99% of the time.
789  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 07:22:38 AM
Quote
Yeah but it would create a user base to fuel wider adoption of both the device plus btc too.

Not really, because you wouldnt be able to use it 99% of the time. Which also means, almost no one would buy one. Classical chicken and egg problem.

The only approach that I see that makes some sense, is Wallmart and the like giving you one for free, and use it as datamining tool. I dont think its coincidence in the video they stress the cards ability to detect how long you stand before a shelve, customized promotions etc. Thats not a feature that will make bitcoin users gladly pay for it, I for one, would find it a reason not to use it even if it was free. It is something Wallmart might want to buy it for tho.
790  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 07:13:32 AM
Even if every bitcoin user in the world bought one, chances of being able to connect to the adhoc network would still be.. ~zero.
791  Economy / Speculation / Re: bitcoincard.org the killer app we have been waiting for? on: April 27, 2012, 07:01:19 AM
I suspect the business model behind these is not to sell them to end users, but rather use them as loyalty cards, access cards etc with added functionality. Consumers would have to get them for free, or this is a non starter.

TBH, I think its a non starter anyway. As others pointed out, there are smartphones who can do all that + so much more so much better.  Though maybe for developing countries? Not sure how much demand there would be for the datamining in those countries tho, which is what I suppose will pay for the card.
792  Bitcoin / Mining / Re: [102% TESTING] I want your hashing power! "Project #2" on: April 26, 2012, 05:23:43 PM
Quote
I have been in constant contact with him

[...]

I'm just waiting for the person who actually pays for the server to talk to me.

 Huh
793  Other / Meta / Re: [Request] New "Potential Scammer" Tag on: April 26, 2012, 09:26:05 AM
Since everyone doing business is a potential scammer,  Id suggest you change the label to 'suspected scammer'.
794  Economy / Securities / Re: Should I start Diablo Mining Company, a 1M BTC startup? on: April 25, 2012, 09:28:57 PM
If you have to ask, Id say the answer is no.
But dont let me or anyone stop you from starting a mining company and see how far you get.
795  Economy / Trading Discussion / Re: pirateat40's end game on: April 25, 2012, 09:22:49 PM
The low end dealer is selling for 120/g which he bought for 80/g from a guy who bought for 40/g from a guy who bought for 25/g from a guy who bought a key for 15/g. please keep in mind that each guy cut it 20%(rough guess).

Thank you captain obvious Smiley I was, however responding to this quote:

Quote
1 Kilo of cocaine street price: $15,000

By 'street', I assume he didnt mean El Chapo's driveway, nor the streets of Kunduz, Afghanistan Wink
796  Economy / Trading Discussion / Re: pirateat40's end game on: April 25, 2012, 06:21:17 PM
http://www.huffingtonpost.com/2011/06/27/how-much-is-cocaine_n_883853.html#s297564&title=Greece_104_per

Click on the image to see street prices for various countries. US is listed as $120 per gram. Thats $120K per Kg.
I dont use let alone deal cocaine, but if someone can get me 1KG for $15K, I might be interested Smiley
797  Bitcoin / Pools / Re: [130 GH/s] BitMinter.com [Zero Fee, Hopper Safe, Merged Mining,Tx Fees Paid Out] on: April 25, 2012, 05:23:37 PM
Me and my 6 gpu farm are back, I lost faith with p2pools luck (12% missing since forever).

Excellent "pool hopping". You just missed a month that was a lot worse than p2pool, but our luck seems to have finally turned this week.
798  Economy / Trading Discussion / Re: pirateat40's end game on: April 25, 2012, 11:24:49 AM
I dont care who you attempted to troll Smiley, the question was sincere, and I would just as sincerely appreciate an answer.
799  Bitcoin / Mining / Re: [102% TESTING] I want your hashing power! "Project #2" on: April 25, 2012, 08:27:42 AM
Check your emails. BitVPS moved to a new datacenter, you have a new IP ..
800  Economy / Trading Discussion / Re: pirateat40's end game on: April 25, 2012, 07:39:54 AM
I have 200k bitcoins! Suck on that egg.  Wink


Giga, do you know the details about what Pirate is doing?
If so, Im obviously not asking you to tell us what you know, since I assume thats confidential,  but Im curious if you know, or if instead you invested based on trust in the person rather than the businessmodel.
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