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8661  Bitcoin / Bitcoin Discussion / Re: Proposal to change Bitcoins hashing algorithm to Scrpyt-Jane on: June 14, 2013, 10:30:24 PM
This ASIC arms race has gotten out of hand. To give Bitcoin back to the majority of Bitcoiners I hereby propose to change the hashing algorithm to Scrpyt-Jane.

PS, yes I'm serious.

Only miners have voting power. You cannot change that.

This right here. I think changing BTC over to scrypt-jane would cause a massive issue with the system as a whole at this point. ASIC's would then be useless, as well as all the money invested in them, and that would cause a (likely large) exodus from the currency.
8662  Other / CPU/GPU Bitcoin mining hardware / Re: Guide: Building a Solar Powered Mining-Plant on: June 14, 2013, 10:27:50 PM
What would change if we don't want an off-grid system?

I.e. use power from panels, and use AC/DC PSU for the shortage/night time usage?

Say i need to run ~120 W miner. Backing up with grid means id use 0 to 120W from grid... How to loadbalance keeping consistent 12V supply?

Well, you wouldn't be using the battery or battery connection cable... instead you'd be using a grid-tie box, and probably be needing to call in a licensed electrician to tie that into an auxiliary panel. You'd also need to get permit from your town to do grid tie, some small towns don't allow it under their code. The DC-USB converter would also go as well... you'd be plugging into normal power outlets.

Depending on your town codes, and power company, you might be selling any excess power generated at a set rate (usually less than the generation rate you pay for receiving generated power), ultimately reducing your bill while giving the power company cheaper power. OR, the electric company might have a pass from the town or state in which they do not have to pay for excess power from your grid tie (some do... which REALLY sucks, because then they're getting anything you generate in excess for free.)

Overall, the initial hardware outlay would be cheaper because of the lack of battery. Your maintenance over time would be less too, also because you wouldn't have to change the battery at end of life (approx 8-10 years.) However, your TOTAL cost over time using panel+battery would be less than using panel+grid tie, and that would be less than grid-only. The break even point between each is usually about 2-3 years. (Longer time to pay off if you live in an area that has a lower solar efficiency, and less amount of hours of sun in a day. Las Vegas gets more hours per day and more direct solar than Chicago, which gets more hours and more direct solar than Finland. Google Photovoltaic Map)

This is extremely helpful! I'm curious, though... have you looked into wind generation as well, and would you recommend that instead?

I live in the middle of nowhere and have been somewhat looking in to going with either wind or solar for powering the entire house (I think grid-tie though in case something happens, so we have electric when it's needed but don't have to pay when we're not overusing it). At the moment we're using about 3,000 KW a month.
8663  Bitcoin / Bitcoin Discussion / Re: Will a shorter block time be helpful or harmful to Bitcoin and its future? on: June 14, 2013, 10:23:32 PM
That wouldn't increase the amount of bitcoins. It would only allow more precise decimal fractions of bitcoin to be transferred.

e.g. instead of being limited to transferring 5.23 uBTC, you would be able to transfer 5.2345678 uBTC.

Ohh, I misunderstood what you said. Yes, that will eventually happen if/when the satoshi or uBTC is worth something (e.g. $1)

I think it will probably be a while before we see this happen, but I do see it happening in the future as coins get harder and harder to obtain. Supply will be dwindling off while demand will be rising.
8664  Economy / Speculation / Re: Bitcoin is down and looking at the "graph" this weekend will see a crash also on: June 14, 2013, 10:22:16 PM
We'll see - $30 could be just a few weeks away.
maybe even $20.
I will begin buying at $30.


Did you see that FT article?

What the heck is making everybody think this is going to below $30???  I don't get it... okay, I get it a bit.. all the regulatory hurdles, and the fact that "spontaneous" bitcoin buying has almost completely dried up... but surely there are still great ways for the uninformed, spontaneous buyers to come on board, and then there are a bunch of bitcoin MILLIONAIRES with disposable fiat from when they sold at $260... they must be keeping some ready to buy back when it is low...

but I really doubt that they can hold buying back at a point below $50 or maybe $39...

I think just the sight of the '3' in the '$3x' will make them go.. ooooh, it will NEVER GO BELOW THAT... buy buy BUUUY!!!

No?

Possibly. I'd think people would start buying at 80, if it went that low again. Knowing it will bounce back to 110+ makes it a pretty safe investment at 80, with a decently high profit margin as well.
8665  Other / Beginners & Help / Re: How do i delete the receiving Bitcoin addresses in the Bitcoin client? on: June 14, 2013, 10:20:29 PM
Correct. You cannot delete receiving addresses. Doing so has no benefits, and would cause you to lose all coins you ever received with that address, as well as any coins you might receive at that address in the future, hence the software does not allow you to even try to do this.

I'm not sure why you would want to delete the addresses anyways. OP... what is your reason for wanting to remove them?
8666  Other / Beginners & Help / Re: Still have 20 BTC's to sell for $50 a BTC... on: June 14, 2013, 10:14:54 PM
I know what i have posted if you are not able to understand it don't blame me or ask questions from me.

By correct i mean it's not false or completely made up name like john doe, as he sent me it to get WU, (He wanted me to go first, so i refused his offer).

Let's say I'm some stupid noob and i sent him WU on that name. If it's fake how the hell he will get that money from WU, They require id proof to receive money.

If you still don't understand it's your problem not mine. I'm out from this thread.




Test question, so it COULD be a fake name.  Just saying, you DON'T always need ID to pick it up

This. I've even had someone cash one of MY money orders that was in MY name and was sent to me and intercepted. These "require" photo ID as well. If you know someone, you can easily avoid any of these rules. As a first-hand victim of that, I learned the hard way.
8667  Other / Beginners & Help / Re: What are you doing with your 4 hours??? on: June 14, 2013, 10:13:15 PM
You're not necessarily supposed to put all the time in at once. You're supposed to be getting an education so you don't make a fool of yourself when you're set free.  Wink

Very true! Way too many questions get asked over and over when they could just as easily be typed into the "search" bar.
8668  Other / Beginners & Help / Re: What are you doing with your 4 hours??? on: June 14, 2013, 09:47:05 PM
Just grabbed lunch, read everything on the first two pages of the Newbie section, and progressed to losing my mind. Anyone else with ADD struggling?
Also, where will your first real post be? I need ideas!

If you need something to do, go get some free BTC using the BTC Faucet Timer/Rotator, :p.
8669  Other / Beginners & Help / Re: WIN FREE BTC - LIFT's Bitcoin Lottery 2.0 - we need your feedback on: June 14, 2013, 09:44:47 PM
BLANKs are no fun!

...we have increased the odds to receive multiple tickets and at the same time decreased the odds to get blanks!

ENJOY!

Awesome! Thanks for that update, Smiley. Were the instant-wins altered as well?

instant wins are unchanged atm

Awesome. Thanks!
8670  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: June 14, 2013, 09:44:28 PM
The profit calculation on multipool.com is different from coinchoose.com and from coinwarz.com. Why? How can I be sure that I am always mining the most profitable coin, if there are different calculation results?

Those sites don't account for stales and such due to fast block times. Multipool does.

If a coin has 20% stales because it has 10s blocks, the calculation coinchoose/coinwarz has is way off (by 20%).
8671  Other / Beginners & Help / Re: Still have 20 BTC's to sell for $50 a BTC... on: June 14, 2013, 09:43:08 PM
Exactly ms.escrow you have my information so why would I try to scam someone... sounds like a majority is trying to get something for nothing and that is not how I play.  I am willing to give my info because I am legit.
Are you trying to play with words? I'll tell you in simple words again.

Use escrow, go first with  Mods or fuck off oh btw if you are a drug dealer. Goodluck
http://prntscr.com/19zdbb


Because he couldn't give fake information? It's ridiculously easy to act like you're someone you're not.

If you trust him so much, you can give him the money, lol.

You did not read my post did you? Where the fuck i said it's his own name and you need to trust him.
Even a fucking stupid will not believe his offer and go first with him.
I simply wanted to say he's not a drug dealer which he was claiming in his other thread.
No drug dealer = No Tor = No blackhat Bitcoins (Obtained by him) = He don't have BTC = BIG Scam
Got it now?



I'd highly suggest you read what you post.

Hey CClark80, I'm not going o call you a scammer, you might be a saint. But there have been so many scams that I doubt anyone will take your offer without escrow. It really would be foolish on their part.

EDIT: Also, you have waited until the day you need the money to do anything about it. This does not inspire much confidence, especially since you seem to need it for your drug dealing business.

Well if he's into drug dealing he should need to be secure, He sent me his or drop's  Name and even address yesterday. Address might be fake but name is correct. I even located him by searching his name on some reverse lookup sites.

8672  Other / Beginners & Help / Re: I will do any job for bitcoin on: June 14, 2013, 08:50:49 PM
I need someone to dance naked on the top of mount everest to John Cage's 4'33.

Will pay 0.5 for just seeing the video!

Pay for me to go to Mount Everest and I won't even charge the 0.5 BTC, :p.
8673  Other / Beginners & Help / Re: Still have 20 BTC's to sell for $50 a BTC... on: June 14, 2013, 08:47:58 PM
lol, wondering if this has ever worked ??

You would be amazed at what greed leads people to do. It's sad, really.
8674  Other / Beginners & Help / Re: Still have 20 BTC's to sell for $50 a BTC... on: June 14, 2013, 08:43:25 PM
Exactly ms.escrow you have my information so why would I try to scam someone... sounds like a majority is trying to get something for nothing and that is not how I play.  I am willing to give my info because I am legit.

ORRRRRRRRRRRRRRRRR

you could accept escrow like i asked and have 2k in your hand in 30 minutes.



But then he'd actually have to send his half of the deal. That's not how scams work.
8675  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: June 14, 2013, 08:42:38 PM
Am i not allowed to start mining Terracoin if Litecoin in the middle of the header on the page?

I have been trying everything to connect to stratum+tcp://multipool.in:3333 to mine TRC but i cant. I am using the correct username and password too.

The one listed in the middle is just what the port 7777 one is using (the switcher). The rest are separate.

What issue are you getting/what error?

"pool 0 JSON stratum auth failed: (null)"

Also i am using the worker and pass. Not my login info.

The pool doesn't check the password, so that means your worker name is probably misspelled.

On that note, I wonder why the pass is even requested, or used at all anywhere. Seems a little stupid. I mean if people want my worker pass so they can earn me free money, I'd gladly give it over, lol. There's nothing being protected by having it.
8676  Other / Beginners & Help / Re: Still have 20 BTC's to sell for $50 a BTC... on: June 14, 2013, 08:39:46 PM
Hey CClark80, I'm not going o call you a scammer, you might be a saint. But there have been so many scams that I doubt anyone will take your offer without escrow. It really would be foolish on their part.

EDIT: Also, you have waited until the day you need the money to do anything about it. This does not inspire much confidence, especially since you seem to need it for your drug dealing business.

Well if he's into drug dealing he should need to be secure, He sent me his or drop's  Name and even address yesterday. Address might be fake but name is correct. I even located him by searching his name on some reverse lookup sites.


Because he couldn't give fake information? It's ridiculously easy to act like you're someone you're not.

If you trust him so much, you can give him the money, lol.
8677  Alternate cryptocurrencies / Altcoin Discussion / Re: http://faucet.d.evco.in/ on: June 14, 2013, 08:36:31 PM
The Bitcoin address I used is the one I have on Cryptostocks.  Would it still work to recover those DVCs?

Don't think so because Cryptostocks doesn't allow you to export your private key, that I know of at least.

Bummer... but at least it is only 5 DVC.  One of these days I will need to figure out how to really work with clients and private keys.  In the mean time I need to double check the receiving address before hitting the send or submit button, especially when there's more value on the line.

Don't worry -- I don't know much about private keys and such either, :p. But I do always double/triple-check any addresses I post before submitting anything.
8678  Other / Beginners & Help / Re: WIN FREE BTC - LIFT's Bitcoin Lottery 2.0 - we need your feedback on: June 14, 2013, 08:35:08 PM
BLANKs are no fun!

...we have increased the odds to receive multiple tickets and at the same time decreased the odds to get blanks!

ENJOY!

Awesome! Thanks for that update, Smiley. Were the instant-wins altered as well?
8679  Other / Beginners & Help / Re: Where should I invest my BTC on: June 14, 2013, 07:56:54 PM
Those of you with havelock... have you been doing alright with them? I just looked over their financials and they are losing more and more every quarter. They're down to a quarter (no pun intended) of where they were last year.

Havelock has done a couple of 10:1 stock splits. That's why the price is "down". The actual price is way up. I remember when Havelock shares were less than 10 BTC each. Then, they rose to over ten, about 15 BTC or so, and then they did a 10:1 split down to 1.5 BTC. Then, they rose to about 3 BTC each, and they did another 10:1 split down to 0.3 BTC apiece.

To make a long story short, If you had bought shares when Havelock first started, you would have more than tripled your BTC in about a year. I think that the only stock on Havelock that's down is SDICE. ASICM, HIM, and VTX are all way up. Havelock Investments is the Berkshire Hathaway of Bitcoin investing.

Oh wow. I wasn't aware of the splits either. Is there any information that helps give a timeline of these things?

The splits are indicated in both the updates tab, as we'll as annotations on the price graph (charts tab)

The graph is adjusted so the splits don't make the graph crazy. (Historical data pre-split was adjusted to show post-split values for unit volume and price)

1 unit was ~ $22 when we launched and would now be 100 units worth $30 each.

$100 invested at launch would be worth over $13000 today. (A lot of that is due to btc appreciation a well)

Cheers,
James

Wow, that's awesome! I'm pretty new to stocks so hopefully this doesn't sound too stupid but... what determines when the stocks split again?
8680  Other / Beginners & Help / Re: instructions for making a coin faucet on: June 14, 2013, 07:55:41 PM
perhaps you can do the list of recipients without scripting via google forms. not sure how to process that list though.

Shouldn't need to go through that. Add each address to a database. Then use an API (depending on the online wallet) to simply iterate through each row and append the payout list with each address.
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