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81  Economy / Currency exchange / Re: Western Union issues on: September 05, 2011, 10:16:58 AM
I've done up to €2k EUR at once and they accepted driver's license.

Was the picture on your passport muddled or why would they not accept it?
It has nothing to do with the transaction size.

Also, have you double checked the 10-digit ID actually exists & matches the sender's name?
82  Bitcoin / Mining support / Re: Headless Windows Mining? on: September 05, 2011, 07:24:27 AM
You will need dummy plugs if your monitor is not connected

Maybe on age old drivers. 11.7 preview already includes support for multi-gpu setups without dummies or cables.

AMD Catalyst 11.7 and 11.8 natively support headless multi-gpu rigs.
83  Bitcoin / Bitcoin Discussion / Re: U.S. aims to track 'untraceable' prepaid cash cards on: September 05, 2011, 06:02:34 AM
besides who really funds al qaeda?

They were funded from Saudi bank accounts. Relatively small sums too;
They received batches of $5,000 every now and then until they had enough for 9/11.

And yes, had they received bitcoins instead, and exchanged those for cash-in-mail on an exchange/privately (to a p.o. box)
there would've been literally zero trail to follow.

Same goes for Moneypak cards, prepaid gift visas etc.
84  Bitcoin / Bitcoin Discussion / Re: Bitcoins biggest flaw on: September 04, 2011, 07:31:15 AM
We have 800 Mb transaction database now. This means that people with slow or traffic-limited internet are out. Mobile devices are out.

Transactions don't work that way. You don't *need* the whole database as a huge 1gb lump.

The android mobile app is ~30mb and it works just fine for sending & receiving coins. I got it to work in less than a minute.
85  Bitcoin / Bitcoin Discussion / Re: Tom Williams ~ The Smoking Gun(s) on: September 04, 2011, 05:19:11 AM
I have an honest question for you, BitcoinPorn, and simply give me an honest answer. Do you think I'm just spreading gossip?
Not at all, I was saying that to cypherdoc's comment, which came off that way the way he said it.  I am seeing all your info, it is not gossipy, I could have separated my sentences into paragraphs there.

MagicalTux posted a while back (3-4 months?) that russian criminals attempted to extort his business for $7000 per month.

He didn't yield to their demands, so there were massive DDoS attacks on Mt. Gox which caused significant financial harm and lowered trading volumes.

Just food for thought.
In fact, he even had to shut down the entire Mt. Gox after the attack became unbearable.

http://bitcointalk.org/?topic=6931.0
86  Bitcoin / Pools / Re: What pool do you use? on: September 04, 2011, 03:43:28 AM
Eligius, abcpool.co, deepbit (backup), btcpool24, arsbitcoin. Usually evenly dividing up the hashing power between them in 3-5 ghash clusters.
If there's new PPS pools I try those out for a few weeks. I'll consider rfcpool because they have PPLNS now.

I will try anything new that has pure PPS or PPLNS.
87  Other / CPU/GPU Bitcoin mining hardware / New 5970's at $489 each on: September 03, 2011, 06:44:49 PM
http://www.buy.com/prod/-ati-radeon-hd-5970-pci-e-pci-express-x16-2gb-gddr5-2560x1600-video/q/loc/101/listingid/156044837/223771192.html
Easy 800mhash/s, half the price of a 6990. Claims shipping in 1-2 business days.

Happy buying
88  Bitcoin / Bitcoin Discussion / Re: Tom Williams ~ The Smoking Gun(s) on: September 03, 2011, 06:31:05 PM
Used to think Phinnaeus is a bit of a nutjob, but he has done some very exemplary detective work on this.
Everything he has discovered makes sense & these details could prove real life tracking possible (like obtaining the IP from bodybuilding.com admins)

This thread would be invaluable in a police investigation, I will make a backup just in case.
89  Economy / Speculation / Re: Here we go again, another major price drop for bitcoins on: September 03, 2011, 04:04:36 PM
Where did you sell coins for $10.50? Mt. Gox has been trading 8.71 - 8.21 in the past 24 hours.

http://bitmarket.eu is a good place to sell at a premium. I know because I usually buy at a premium there. There are large differences in price just depending on whether you want to look at trades in USD or EUR.

(Since it's P2P it's difficult to arbitrage though since you get a several day delay)


Don't say you sold at a $2 premium through PayPal. Please.
90  Bitcoin / Pools / Re on: September 02, 2011, 11:54:48 PM
Difficulty level killed this pool a long time ago.
No sensible person would mine proportional on a ~10gh pool at this point
91  Economy / Speculation / Re: Here we go again, another major price drop for bitcoins on: September 02, 2011, 02:26:24 PM

You "make thousands of dollars EVERY WEEK simply by playing the stock market" so assuming as you're so onto a sure thing you would naturaly be also reinvest nearly all your gains & are therefor are getting exponential returns, soon you will own the whole world or perhaps it's just not that simple or scaleable

how many $ thousands per week on average do you make & from risking or playing with just how much capital, without this info & more then "This is a ridiculous claim"


There are size limits on any trade, so the exponential returns complaint is false.

There is no chance in trading, you've just got to learn the rules.

You can't really gain an 'upper' hand in trading without a HFT bot or insider info.
Of course quality access to real-time news feeds & an ability to interpret them helps (if you just buy low & sell short after minor price increases) but that's about it.

Buying stocks is very much chance just as buying bitcoins or any other commodity.

The price is determined only by other sellers and the market can panic at any time.
If you don't have a cutoff where your program automatically attempts selling off all stock you could lose a lot in a short timeframe.
92  Bitcoin / Pools / Re: [101 GH/s] ABCPool.co - 0% fee PPS on: September 02, 2011, 01:59:18 PM
Yes, the title is outdated, pool is consistently +200ghash. This should be a sticky
93  Bitcoin / Pools / Re: Why would you mine with anything BUT a PPS pool? on: September 01, 2011, 03:08:57 PM
Could you explain what you mean by that? I didn't understand it.

This group of people as mentioned by "wtfman":

Quote from: wtfman
One part knows what they are doing, another big part probably not, and a small part does not give a shit.

Which is probably a majority of miners. When they finally see shrinking earnings & start doing some thinking, PPLNS and PPS pools will explode in popularity.
Or maybe it's began already.
94  Alternate cryptocurrencies / Altcoin Discussion / Re: [ARTICLE] Bitcoin To Collapse? on: September 01, 2011, 12:26:27 PM
Hope someone makes a double spending attack on one of these spinoff currencies & ruins them for good.

Seeing the same old cycle of some jealous college kid mining a million coins then trying to promote his fork.. Is starting to get 'stale'.

The sad thing is people actually fall for these.
People really buy ixcoins, solidcoins, beercoins, iocoins etc.. Maybe they deserve a Darwin award for economics.
95  Bitcoin / Project Development / Re: IBB - Islamic Bank of Bitcoin بنك بتكوين الاسلامي on: September 01, 2011, 12:15:08 PM
Which leaves us with the point you didn't address.  If you made a loss in August (stolen loans being greater than all other profits combined), surely giving out a dividend reduces the asset value of IBB.  Is that wise?  Shouldn't you only be issuing dividends if you've actually made a proft?  Not if you've made a profit if you ignore your losses?

Isn't debt considered an asset? When do you book a default as a loss? 1 month? 6 months? 12 months?


It shouldn't be in an anonymous environment. I think the probability simulation above by Deprived gives a good hint

(though 6 months is *very* optimistic, 1 month after the due date should be considered a default,
let's face it if they didn't pay back after a month it wont happen after ½ a year)

If a loan payment can't be enforced by the legal system, collection agencies, repossession etc... It's not an asset.
You can't sell the debt nor does it have any market value because you gave it away to a complete stranger with no collateral or ID verification.

Nobody is going to pay for obtaining this type of long overdue/unpaid loan
because there is practically a 0% chance of ever getting any return on your investment.

So in the case of IBB lending small amounts of BTC, debts are only liabilities & net losses until paid back / given gratuity.
96  Bitcoin / Bitcoin Technical Support / Re: ATI 6950 fan is struggling (stop-starting)? on: September 01, 2011, 10:42:49 AM
Failing after only 4 months of use? That couldn't be... Even older cards would be able to stand up to a lot more use than that... right?

Had a fan on a brand new 5870 fail within 3 weeks.. So yes it's possible.

Then I have cards which are 2 years old and still work fine at high fan speeds 24/7.
97  Other / Off-topic / Re: Bruce Wagner and the surrounding drama. on: August 31, 2011, 11:54:34 PM
http://buttcoin.org/has-bruce-wagner-pulled-off-the-financial-biggest-scam-on-the-bitcoin-community

We made a megapost here with all the currently known information including a timeline(there may be some recent developments missing but it will be updated soon enough).  Feel free to spread the link around to anyone who wants to know what's actually going on, all we want is the truth to be known.  

And sorry if I came off too harsh, wolftaur was right.  I ran into the no evidence and "lots of fuss about him being gay" and went off the deep end a bit  Smiley  

Edit:  For what its worth I agree about the pedo accusations, I never supported that position.  He's still a scumbag though.  

What is the source for that quote in the article?

Is nobody else concerned if this is actually Bruce, he has admitted to molesting children for money in Thailand?

Also,  his name could be based on a book (maybe he had it legally changed).
http://www.amazon.com/Im-Losing-You-Bruce-Wagner/dp/0452278686

Quote
It is a business where the shyster producer of a hit dog movie hopes his next project will be a remake of Gogol's Dead Souls - this time around featuring Alec Baldwin as a burnt-out salesman hustling life insurance to persons with AIDS.

It's a town where a mad agent plays God to a homeless woman -

an affair that ends in sodomy, pedophilia, and murder.
98  Bitcoin / Pools / Re: [ ~185 GH/s ] Mainframe MC [New Design + 1BTC Giveaway!] - PPLNS,8d on: August 31, 2011, 07:55:02 PM
We got stickied into the top 10!  Milestone!  Congrats everyone!

This just proves Vladimirs technique works (injecting massive hash rates into startup pools)
critics who were doubting the sanity of people who would buy such a service, should rethink their position

Top 10 pool in a bit over a month, from absolute zero to near 200ghash/s.
99  Bitcoin / Bitcoin Discussion / Re: Insane amount of bitcoins on: August 31, 2011, 05:14:07 PM
lol the price is going down

It's "going down" when lower sell orders are fulfilled.
Completely normal and happens every day (5-10% or bigger swings)
100  Bitcoin / Pools / Re: Why would you mine with anything BUT a PPS pool? on: August 31, 2011, 04:59:55 PM
Doesn't seem too popular just yet but I think as more people check it out they'll gain some traction.

It will, as soon as this group of people starts thinking rather than just going with 'whatever is the biggest pool'.

One part knows what they are doing, another big part probably not, and a small part does not give a shit.

While I do advocate for pure PPS pools (biggest advantage to the miner), I do realize PPLNS is probably 'the' perfect system for new pools.
It needs no startup capital, it's protected against exploiting by hoppers, & it rewards miners fairly.

Give it a year and prop. pools will be history, PPLNS will be the most popular
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