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81  Alternate cryptocurrencies / Altcoin Discussion / Re: *SCRYPT FPGA* - CryptoIndustries.com - official Bitcointalk thread on: October 22, 2013, 06:54:18 PM
i doubt these fpgas will beat undervolted 7970 by much at all, maybe some weak amount like 30% and yet cost 3x the price. Not worth it.

Agreed.

The whole point of SCRYPT was to hardware proof against ASICS.
82  Bitcoin / Bitcoin Discussion / Re: Are mining pools bad for Bitcoin? on: October 22, 2013, 06:53:24 PM
It's not healthy for the ecosystem to have a few huge pools. However, a system such as Multi-PPS may make huge pools unneeded.

Due to increasing difficulty, it is possible for a fixed hashrate miner to never ever find a block.

I'm not sure I agree with you on this one... anybody can find a block.
83  Alternate cryptocurrencies / Altcoin Discussion / Re: -- Gold vs Bitcoin - Price Parity Countdown on: October 22, 2013, 06:50:52 PM
Short answer: No.


Usually that is followed by a long answer. Smiley
84  Economy / Economics / Re: Mass Adoption of BTC on: October 22, 2013, 06:49:18 PM
I think, sooner or later, especially if Bitcoin goes high, NSA, FBI, will shut it down, block it. I don't know when, I don't know how, but they will do it. Too dangerous. A Dollar is a Dollar, USA owns the world, and it is like this.

The entire point of Bitcoin is that you can't 'shut it down'. This  is like the billionth time somebody has tried this argument. Do you people ever try understanding how Bitcoin itself works? If they wanted to "shut it down", they have to 51% it. Which is getting harder and harder every day. Its not going to happen.

Right.  Wouldn't it be like shutting down the internet at this point? 

Potentially, it'd be actually easier to shut down the internet. The internet is more centralized in that if you control the switches you can do a massive man in the middle attack. Since most of the switches are owned by US companies, it'd be easier to harm the internet than harm bitcoin. Just look at the NSA.

A better analogy would be "Shutting down Bitcoin would be like shutting down Tor."

So the logic should be that it will be harder to shut down Bitcoin then the internet.  Why are people worried about it being shut down then?  Sounds impossible?   Regulation is another issue though.

I think it is going to get hit as a taxable item.
85  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: October 22, 2013, 06:48:02 PM
The spread between Gox and Bitstamp is the smallest its been in a while, percentage-wise. Its only around 5%. this either means that Gox isn't high enough & will go higher in the future, Bitstamp is too high, or perhaps the arbitrage channels are opening up again.

well, if Gox is selling BTC it does not have that % difference should be going down.

No, it will instead be instantly discovered as people attempt to withdraw BTC that doesn't exist.

You can delay Bank Wires infinitely, as they've shown. If you try to delay BTC withdraws, people will just stop using you.

Exactly.
There just needs to be some substantial competition for Gox... and people will go.
86  Other / Off-topic / Re: What Song are you Listening To? on: October 22, 2013, 06:43:14 PM
NIN - Sin
87  Other / CPU/GPU Bitcoin mining hardware / Re: Worth it? on: October 22, 2013, 06:42:23 PM
No, I would not.
88  Other / Beginners & Help / Re: mining help on: October 22, 2013, 06:41:50 PM
ok is there such thing as a USB litecoin miner or dont they exist

There are not any ASICS for SCRYPT (litecoin algo) that I'm aware of.  Litecoin was specifically designed to combat ASICS implementation.  There are some FPGAs claiming to deal with SCRYPT, but I have not used or seen one operating in the way it was designed.
89  Economy / Scam Accusations / Re: Cryptsy.com is SCAM [EAT YOUR MONEY] N#3 N4 THIS SITUATION I NOT RECOMENDATIONS on: October 22, 2013, 06:39:40 PM
Attempted translation: Cryptsy is not currently processing VC withdrawals. Others suggested Cryptsy is doing maintenance. OP lost his shit.

Thank you.
90  Other / Off-topic / Re: Digital Attack Map, very impressive on: October 22, 2013, 06:39:13 PM
Did you see this impressive Digital Attack Map ?
http://www.digitalattackmap.com/

It is actually quite well done.
91  Other / CPU/GPU Bitcoin mining hardware / Re: BFL charges about $300 for shipping & actual cost is $53.95 on: October 22, 2013, 06:36:08 PM
Makes me sad that people still do business with them or even did 8 months ago after the traumas they caused people in the 8-12 months previous to that. I work my ass off for customer service and still get shit on 24/7, yet they are still a company that's operating? Roflmao. Class action suit. Not too difficult, where are these threads someone link me and I can help find a lawyer in the state that knows what he's doing. This is ridiculous.

Well, I think it has to do with the upside.  If it were all true and on time, theses people would be doing quite well.

But... alas...
92  Other / CPU/GPU Bitcoin mining hardware / Re: BFL charges about $300 for shipping & actual cost is $53.95 on: October 22, 2013, 06:26:01 PM
At this point, is anyone really surprised?

^This
93  Bitcoin / Mining speculation / Re: Once again, Holy difficulty jump, Batman!!!! on: October 22, 2013, 06:25:48 PM
heh
94  Other / Beginners & Help / Re: mining help on: October 22, 2013, 06:24:57 PM
Take a look at this... it is only getting harder.
http://bitcoindifficulty.com/

95  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Exchange] Latest Cryptsy Additions, News and announcements. NEW DATACENTER on: October 22, 2013, 06:21:54 PM
....and that's how you get ignored, kids.
96  Other / Off-topic / Re: Let's Count to 21 Million with Images on: October 22, 2013, 06:21:03 PM
97  Other / Beginners & Help / Re: Bitcoin is about to explode. on: October 22, 2013, 06:18:06 PM
I like to ride it up and down.


*That's what she said.*
98  Other / Beginners & Help / Re: will the bitcoin reach $1000 one day...? on: October 22, 2013, 06:17:29 PM
Of course $1000 is reasonable. $10,000 is also probable. But, it doesn't mean that we will ever get there. There will be many factors which determine the future for Bitcoin. Hopefully, it will be for the best.



It's nearly at $200 now as of 22/10/2013.

"probable. But, it doesn't mean that we will ever get there"



"Possible" perhaps.
99  Other / Beginners & Help / Re: 5 Strings of Wisdom on: October 22, 2013, 06:12:36 PM
1. Read
2. Comprehend
3. Innovate
4. Be Creative
5. Teach Others

Well put.
100  Economy / Digital goods / Re: [S] Super cheap Netflix Gift Codes! on: October 22, 2013, 06:11:54 PM
So, the queston remains and should be answered. Are these legit purchased codes.

These codes were included in the purchases of other items I made.

Where were these other items purchased?


Off the back of a truck?
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