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81  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] DividendRippler.com Beta Testing on: April 23, 2013, 12:05:22 AM
rEpjydYg24iWkDfyBdfMkKDSxunpZdNiZR

This is my Ripple receive address. I'm a little lost here, I have no XRP and trying to figure out how to get some.

Registered on RD, but it says I have 5 minutes to send XRP...but I can't figure out how to get the XRP to send.

I'm sure I'll figure it out soon, if this post is useless please disregard.

You have to have XRP already to take part in this beta

- try the buy/sell forum if you want to buy some ripples for your account (keep in mind your first deposit into ripple must be 300 XRP or more)   https://bitcointalk.org/index.php?board=53.0

Ah...I see! I hope the final release is a little more simplified and doesn't require people to have XRP in advance. If so, the whole Ripple idea will be confined to a small community of members. From what I see so far, it's all way too complicated for the average person.

People don't trust what they don't understand (or at least have the perception of understanding).

Thanks for the info!  Wink

82  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY] DividendRippler.com Beta Testing on: April 22, 2013, 11:04:53 PM
rEpjydYg24iWkDfyBdfMkKDSxunpZdNiZR

This is my Ripple receive address. I'm a little lost here, I have no XRP and trying to figure out how to get some.

Registered on RD, but it says I have 5 minutes to send XRP...but I can't figure out how to get the XRP to send.

I'm sure I'll figure it out soon, if this post is useless please disregard.
83  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: April 22, 2013, 10:27:30 PM
rEpjydYg24iWkDfyBdfMkKDSxunpZdNiZR
84  Alternate cryptocurrencies / Altcoin Discussion / Re: [Now Open] $1400 for >1.1MH/s Litecoin Miner -- Vorksholk's Mining Solutions on: April 22, 2013, 01:32:26 AM
escrow?

Unfortunately during the early stages of this escrow would probably not be possible, as I need to buy the parts with the money from the purchases, so having the money come after I've tested and shipped the unit wouldn't hold well. Sorry :\

Keep in mind though that PayPal does protect buyers quite well, and therefore if I end up not shipping a product to you you could file a claim with them, and if I can't provide evidence of a shipping label, packaging, etc. then the money would be returned to your account. Smiley

Actually, Paypal does MUCH more to protect buyers than they do sellers. Sellers using Paypal take a very high risk of having their accounts froze and potentially never seeing the money they earned...I DO NOT recommend Paypal as an option for payment processing.

I've had 2 Paypal accounts frozen because of fraudulent buyers. Even though I was innocent and the victim in these incidences, Paypal froze my accounts, causing more lost money.

The first time, an Australian  buyer tried to use a stolen credit card number to purchase from me. Account was immediately frozen and lost all money in it (which luckily wasn't very much).

This last time it happened, they actually went into my personal checking account and took the money in question ($300+) out to freeze in my Paypal account...without any warning! All because a buyer filed a claim, trying to get more items than he paid for. After the bounced check fees, NSF fees, etc. it ended up costing me nearly $1,000.

Obviously, I will never use Paypal again!

Moral of the story...if a seller is willing to take on the risk of using Paypal as payment option, you can trust that your investment is safe! If you don't get your item, simply file a claim and the seller's business and personal finances will be immediately and without warning, frozen until you get either the item or a refund.

I strongly advise working with the seller though before going to Paypal. Filing a claim, whether it's legit or not, can potentially destroy the seller's business or personal finances. I've read stories of businesses having their account frozen for 6+ months with 10s of thousands of dollars in them. That could financially ruin a small/new business and possibly put a family's livelihood in jeopardy.
85  Alternate cryptocurrencies / Altcoin Discussion / Re: [Now Open] $1400 for >1.1MH/s Litecoin Miner -- Vorksholk's Mining Solutions on: April 22, 2013, 01:10:23 AM
So why would I want to buy this when I can just go out on the market and get me a system 10x faster for far less 1x 7950 costs around $180 so that's 360 or their about

then ram everything else...... what makes this any different from someone walking out to a shop and just buying them Huh?

I give you credit for coming up with a services like this but i wish you best of luck in selling Smiley

I wish I would known where to get $180 7950s before I paid $300 for mine!!

Woulda bought 2X...LMFAO!

(I'm pretty sure you are talking about 7850s...not the same thing)
86  Alternate cryptocurrencies / Announcements (Altcoins) / Re: FeatherCoin - New Litecoin based coin on: April 21, 2013, 08:56:12 PM
Oh, WOW!!!

Got my miner set up and running after a bit of figuring things out. Not much info on setting up miners for FTC...oh well, it wasn't too difficult.

No sooner than I started my miner did I find my first block...what a surprise! The GPU hadn't even gotten up to full speed yet because it took no more than 2 seconds after starting the miner. Talk about some incredible luck!

Let's see what the next 24 hours brings.
87  Alternate cryptocurrencies / Altcoin Discussion / Re: FeatherCoin - Giveaway on: April 21, 2013, 06:30:49 PM
6vsa4YBmxrXyAMZ3EQTdPrPhQhjPVdfu2T

Just got started with FC. Hopefully not too late for the freebie coins!  Grin
88  Bitcoin / Project Development / Re: Help with my new site :) Feedback wanted on: April 11, 2013, 09:39:16 PM
You've got a donation plug on their twice - left column and footer.  You should really only have one, or else you seem needy.

Also, you should be able to embed the Bitcoin video.

I second the idea to change "NO1" to "#1".

In relation to this:

You are asking for donations to help with the "develpopment" of the site. I'm guessing that's a typo...perhaps you meant to do it, I don't know.  Undecided
89  Alternate cryptocurrencies / Mining (Altcoins) / Re: [TUTORIAL] Solo Mining Litecoins Guide--Windows! on: April 11, 2013, 02:12:37 AM
OK, Vorsholk...I've been following your instruction around for days now trying to get a solo miner up and running. This was actually the first thread I looked at but it just confused me more than anything.

Now, several days later, I've come back to it and it all made much more sense. Not sure why it seemed so confusing before...perhaps because it was 3 or 4 in the morning. This was actually a simple, step-by-step that anyone could follow. Of course, I haven't tried it out yet, so I may be back soon to complain some.  Wink

Thank you for all you have done to try and help make Litecoin more accessible to the people! These currencies need more people like you if they are to make it over the long haul. The curiosity and fascination will quickly fade and the idea will die, if people can't figure out how any of this works.

Now to give this thing a try.....
90  Other / CPU/GPU Bitcoin mining hardware / Re: Moving into summer - 7950 questions on: April 10, 2013, 10:34:27 AM
the new gigabyte 7950's can get 650 khash at full bore. That model is voltage locked though.. so it isnt nearly as good for the miner wanting to get say 570 khash with a lot less power usage.

I have 10 of the new Gigabyte 7950s and even with 1.25v most I can get out of them is 575KH  Sad

You're doing it wrong!

I just bought one and can get 640, cranked up. But, it's not dedicated mining so I keep it lower at around 600
91  Bitcoin / Mining / Re: what are AMD and Intel waiting for? on: April 10, 2013, 10:32:01 AM
Would be awesome...Never gonna happen!

Not only is Bitcoin and other similar too volatile and risky, but mining is a micro-niche market. Factories like Avalon and BFL (if they are a real factory) will do well because they work on small scale. AMD/Nvidia are just too big to invest in a micro-niche market.
92  Bitcoin / Mining / Re: Miners Union Global on: April 09, 2013, 05:34:30 AM
Tell me you're joking. Really. GTFO.

This goes against everything bitcoin stands for.

Tell me you are fucking not serious.

Agreed! Don't even agree with tossing the idea around in your head. It's a bad decision that completely undermines the entire concept.

@ OP: There will always be greedy individuals or groups looking to gain control whenever power or money (I know...they're one and the same) is involved. That's one truth that will remain until the end of time.

The best way to ensure this never happens (IMHO) is to allow multiple currencies to flourish. It seems that already there's a segment of the community with an elitist attitude. I've only been here about 2 weeks and already found a large portion of bitcoin supporters who thumb their nose to other currencies, but in all honesty I see no other way to fulfill the "free-economy" ideal.

The very idea of bitcoin being THE one and only worldwide currency is the most dangerous and destructive scenario I could imagine. Not only would it become exactly what it's meant to destroy, it would be the worst and most powerful form of it that ever existed in the history of man.

I don't think most people can even grasp just how dangerous a game we're all playing here. People are only looking at the good bitcoin could do. For all the incredible good bitcoin (or something like it) could do in the benefit mankind, it could be equally damaging and destructive. As with all power, it can be used for good or for evil in equal measurements!

Freedom is nothing to take lightly. It's extremely fragile, everyone choosing to have it must fight with passion to keep it! Here in America, our Forefathers understood this perfectly, they were willing to offer their lives for it. Today we've regrettably forgotten!

93  Bitcoin / Mining / Re: Pls rank these videocards for mining on: April 09, 2013, 03:39:17 AM
Nvidia cards are not profitable unless you get your hardware and electricity for free
This.

Also, I would consider mining litecoins over Bitcoins. The Bitcoin network is too strong for GPUs to be profitable.

I have a couple things to add/ask about this thread:

1) While I'm somewhat inclined to agree that GPUs aren't profitable for BTC, there are certain cases where it's not totally true. Especially with $200 BTC and rising! As more ASIC machines hit the network, it may become completely impossible for GPU users to make any money. Of course, even then it depends on how high the perceived value of BTC goes...with $100,000BTC I could be happy mining .001 per day I think. But then, my lease contract states that my electric bill is at a fixed monthly rate no matter the usage...which is nice!

Now for my other concern...

2) I'm planning to buy a new GPU soon for mining LTC and other coins + gaming. I've been thinking of getting a 7850 or 7870, but according to the "Tom's" chart these GPUs only get 250-265kh/s. Can anyone verify this is true?

I was only recently introduced to crypto-currency and mining. Not wanting to waste any more time, I decided to jump in with the 5770 that was available already (also a 6450). With the 5770 I've been getting 200 kh/s or so. According to the chart here, stepping up to a 7850 or 7870 wouldn't really change things much for me. Right now I'm getting around 5770= 200kh/s + 6450= 38kh/s.

I understand that LTC and BTC aren't the same, however the rate of calculation is comparable. What I mean is, with OpenCl & BTC I get 200 Mh/s where as with CGminer & LTC I get 200kh/s. According to the chart in this thread I don't see much motivation for trading in my 5770 on either 7850 or 7870. I really thought the newer, higher class GPU would make much more of a difference. Just wondering if that chart is accurate.

BTW...Anyone have a used 7970 or 2 to trade/sell for cheap??


Thanks in advance for any replies to my questions here.


Personally I still make money mining bitcoins ATM with one 7950 and one 7870, I make around 0.05 btc per day so 10 bucks and I pay around 1-2$ per day for my whole condo(not only PC) in electricity.

With the 7870 from Asus I do around 420 Mhash/s overclocked; got it for 125$ on kijiji but that was really a bargain!!

For gaming the 7950 is completely awesome. All game I tryed I could max out all settings and still have over decent FPS. With the 7870 in my GF PC she can still play most game in best settings.



Bitcoins can still be profitable for GPUs just it may not last a long time longer depending on ASICs and what not. I have a Gigabyte 7870 OC and its getting about 440 Mhash/s so that chart isn't necessarily exactly what you will get. Or even close.



Cool! Thanks to both of you (c0ikws too) for the replies. I was thinking that the 7850-70 should do a little better than 250Mh/s, but hadn't really looked into it too much yet. I've been eyeing a 7870 that's normally just under $200, but it's been on sale a few times lately for $127...Seems it goes on sale when money is tight around my house, maybe they plan it that way. Angry

I'll catch it right eventually...maybe buy 2 of them!

Ya...I figure the ASICS will pretty much kill the mining world for GPUs once they sweep across the network. Thinking that's still a couple of months off though. In the meantime, I say we all grab as much as possible.

I'm thinking people saying it's no good mining either have gotten their ASIC already and can't imagine going back to the slow speed of GPU...are discouraging new miners for less competition...or, remember the early days where solo mining was multiple times faster than pool mining today and comparing to that.

Whatever the case, what may seem an unworthy cause to one man may be the passion of another. As long as it's not costing me any more money in electric to try and mine coins, I'll take whatever I can get. I don't consider a new GPU as as investment cost that must be recouped because I was planning to get one for gaming anyway.

Thanks again for the input.

94  Bitcoin / Mining / Re: Pls rank these videocards for mining on: April 09, 2013, 01:34:49 AM
Nvidia cards are not profitable unless you get your hardware and electricity for free
This.

Also, I would consider mining litecoins over Bitcoins. The Bitcoin network is too strong for GPUs to be profitable.

I have a couple things to add/ask about this thread:

1) While I'm somewhat inclined to agree that GPUs aren't profitable for BTC, there are certain cases where it's not totally true. Especially with $200 BTC and rising! As more ASIC machines hit the network, it may become completely impossible for GPU users to make any money. Of course, even then it depends on how high the perceived value of BTC goes...with $100,000BTC I could be happy mining .001 per day I think. But then, my lease contract states that my electric bill is at a fixed monthly rate no matter the usage...which is nice!

Now for my other concern...

2) I'm planning to buy a new GPU soon for mining LTC and other coins + gaming. I've been thinking of getting a 7850 or 7870, but according to the "Tom's" chart these GPUs only get 250-265kh/s. Can anyone verify this is true?

I was only recently introduced to crypto-currency and mining. Not wanting to waste any more time, I decided to jump in with the 5770 that was available already (also a 6450). With the 5770 I've been getting 200 kh/s or so. According to the chart here, stepping up to a 7850 or 7870 wouldn't really change things much for me. Right now I'm getting around 5770= 200kh/s + 6450= 38kh/s.

I understand that LTC and BTC aren't the same, however the rate of calculation is comparable. What I mean is, with OpenCl & BTC I get 200 Mh/s where as with CGminer & LTC I get 200kh/s. According to the chart in this thread I don't see much motivation for trading in my 5770 on either 7850 or 7870. I really thought the newer, higher class GPU would make much more of a difference. Just wondering if that chart is accurate.

BTW...Anyone have a used 7970 or 2 to trade/sell for cheap??


Thanks in advance for any replies to my questions here.


95  Bitcoin / Pools / Re: [6000 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: April 09, 2013, 12:53:09 AM
So....what's going on? I started up my miners after noticing they had shut down for some unknown reason.  Angry

At first, they weren't registering any work at all. Now the site says down for maintenance and to come here for info.

Well....I'm here! Where's the info?  Huh


EDIT:

NM....it's all up and running now. No idea what happened there, but all is well now  Grin
96  Bitcoin / Bitcoin Discussion / Re: I can't believe the Washington Post is running this headline on: April 05, 2013, 09:08:46 PM
That crash on Wednesday they are talking about, is that the one where Bitcoin price went back to what it was the day before?
This.

People have to stop complaining when it doesn't manage to go up more than 5% every single f'n day.

Has no one kept in mind that a normal rate of return for an established commodity is under 10% every YEAR?


There has to be a huge correction at some point! Maybe not a complete crash, but a correction of giant proportion.

Everything that goes up, must come down...it'll happen eventually. Might even see $1000+ BTC before it does...but it WILL happen!
97  Bitcoin / Bitcoin Discussion / Re: I can't believe the Washington Post is running this headline on: April 05, 2013, 09:05:33 PM
Oh...I believe it!  Wink
98  Bitcoin / Bitcoin Discussion / Re: What if the government wants Bitcoin to succeed? on: April 05, 2013, 09:04:43 PM
<sigh>

Bitcoin is obviously an Illuminati plot to replace the USD as the money of the New World Order.











#sarcasm

Call them Illuminati or Satoshi, or whatever...the truth is the truth!

The whole thing came together with perfectly planned precision by a mysterious "person" who just evaporated once it was in full swing. One of the biggest concerns of "Satoshi" was getting the Libertarians to accept BTC...Why? The Government is keeping their hands off (unlike they did with Liberty Dollars and bartering, both Libertarian ideals)....Why? The media was planning to blow the lid on BTC but waited until a year later...until exactly the time when "Satoshi" planned for it to happen...Why? World economic collapse is clearly inevitable and somehow this new currency idea just came out of nowhere, right before the fall....Why?

The whole BTC story is one straight out of a conspiracy novel.

Believe it's a conspiracy or not...doesn't matter! It is what it is...I really don't care one way or the other, but let's don't be naive about it.

Putting the facts together and using your brain a little, you quickly realize that there are many more questions than answers surrounding the timing and implementation of bitcoin.

The simple fact that the government is allowing it to grow, is enough to throw up red flags in any thinking person's mind. Anyone who believes the answer to this is "because they can't do anything about it", is a naive, blind fool! They can and will put an end to anything they want...all it would take is a press conference stating bitcoin is related to "terrorist activity" or jail a few people on BS charges or simply create laws making bitcoin illegal, and bitcoin would be dead! They aren't doing that...Why not?

There's much, much more to the bitcoin story than meets the eye!
99  Bitcoin / Bitcoin Discussion / Re: Enjoy getting raided by the IRS for not reporting income and capital gains. on: April 05, 2013, 08:08:44 PM
I explained bitcoin to my accountant yesterday...he was very interested. I told him to wait a couple weeks before he looks into it more, otherwise he will get sucked in and be late getting taxes in for all his clients.

He told us to count all our sales as a regular income, and then later when we cash out to deal with capitol gains at that point.

Everyone keeps talking about cashing out...I don't get it!

The only time you owe the IRS a dime is when you make money...meaning US DOLLARS!!!

If the whole idea of BTC is to create a new currency that's free market...why "cash out"? As soon as everyone cashes out, the government gains and BTC loses!

While the whole BTC theory and concept is great...the "cash out" mindset is what will ultimately keep it from ever succeeding. People just can't think outside of Dollars...at least not here in America!

When things are bought with btc, the IRS thugs consider that "cashing out" even though they never touched USDs.


Ya....that's what I was trying to warn. Buying "stuff" with BTC and then selling that "stuff" for USD is exactly the same as "cashing out" in the eyes of the IRS.

For BTC to succeed people will have to get out of the "cashing out" thinking. It has to become a currency that can stand on it's own and that's impossible as long as people still think in USD...and they will always think in USD.

BTC can never be what many of these folks think it will be. No matter what it's spent on, everything has value in USD that can be measured by the Government.

Anything you legally buy has a paper trail that ultimately leads back to you. The only way to avoid the tax man is by spending BTC on items "under the radar"...illegal merchandise!

My point is...either plan to pay the taxes on your BTC, become an outlaw, or go to prison...those are the only options!
100  Bitcoin / Bitcoin Discussion / Re: Resilience is the key on: April 05, 2013, 07:57:16 PM
As I see it, the intrinsic value of Bitcoin is its ability to store and transmit value securely. Therefore every time the Bitcoin infrastructure hits a problem  (from the blockchain forking to exchange hacks) and survives, its demonstrable value must increase too, no?
Same analysis here.
I would add the reason that convince me to buy-in : the ability to recover from price a crash.


Ummm you mean recover from a temporary 1-2 hour price dip.... right? The crash is still to come.

This will happen when atleast two of the following get off-balance and everyone starts to see it:
  • too many BTC being mined by new ASIC miners
  • hoarding of BTC; not spending/transferring them or exchanging them for fiat money
  • not enough mainstream places to spend the BTCs
  • negative media coverage preventing more people to 'buy-in' to BTC
  • no media coverage of bitcoin
  • higher level or length of hacking to various weakpoints of 'the BTC process'
  • etc., etc.

The media is the entire key to the whole thing...as in everything!

People believe what they read in papers and see on the nightly news. The media built BTC, and the media will destroy it!

Sheeple are so easy to manipulate!

In the meantime, the big money power of this world will win again...as they always do!!

Once the ultra-wealthy have made their profits from BTC, they will cash it out then the media will begin reporting that it's a dead currency and soon after, it will be!
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