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1  Bitcoin / Bitcoin Technical Support / old and busted on: November 28, 2013, 12:57:35 AM
 Undecided
2  Bitcoin / Mining / BTCguild having terrible luck now or just me? on: July 27, 2011, 12:35:55 AM
Im 40% off on my 24 hour luck.  I've been low before but never THIS low.
3  Economy / Marketplace / I guess everyone who wants Shogun 2 total war already has it :( on: July 26, 2011, 07:59:59 PM
I have 1 more.   Embarrassed

These seem to have been bundled with 5000 series cards en masse.
4  Economy / Speculation / What's up with the inflated bid/asks volume? on: July 12, 2011, 02:17:09 PM
the bids disappear when the market moves.  could someone sell 30k coins and only move the market to $12 instantly?
5  Bitcoin / Mining / How much does it cost YOU to produce a bitcoin? on: July 11, 2011, 12:40:35 PM
me: $3.11.  At a price of $15 mining stays profitable for me until a difficulty of 7.5 Million

my electricity rate .125/kwh

I know some people out there pay half that.
6  Bitcoin / Mining / Anyone else have their friends buy mining rigs... on: July 11, 2011, 09:23:33 AM
after you specifically warned them not to?

My one friend bought cards at inflated prices after I ran some numbers and told him that the break even point was too far in the future.  $800 for a rig that gets .4 coins a day is ludicrous.
7  Bitcoin / Bitcoin Discussion / In 30 days, 1/3rd of all the bitcoins there will ever be...will be mined. on: July 10, 2011, 12:25:14 AM
I think we won't hit an inflection point until the reward halving AFTER next.  When 16.5 million coins exist and the reward goes to 1800/day.  At that point yearly inflation will be under 4%.  From a purely monetary perspective from that point on bitcoin can only outperform fiat currencies.  Real world (buying power) performance of course relies on many things.
8  Economy / Goods / WTS XFX 5830 295Mh on: July 05, 2011, 12:24:53 AM
I also have a 1x pci-e adapter available.  Looking for best offer starting at 8 BTC or 9 BTC with adapter.

has not been modded in ANY WAY. No messing with BIOS, just OC'd on air at stock voltage.  Runs stable for me at 950 core (70C, has room for more probably)

edit: also have a Shogun 2 steam code available for 1 BTC.
9  Bitcoin / Bitcoin Discussion / Corrupted wallet with 5.8 BTC in it on: July 03, 2011, 10:54:18 PM
anyone want to help me recover this?  there is a reward.
10  Bitcoin / Bitcoin Technical Support / client won't start with backup wallet file. on: June 30, 2011, 06:17:38 AM
tried deleting everything in bitcoin folder except wallet file.  bitcoin refuses to run and states:
11Dbexception
Db::open:invalid argument

and closes immediately.

completely lost on how to use bitcoin tools.  downloaded python and bitcoin tools but get errors when I try to run any bitcoin tools commands. (windows 7)

halp there are 7 coins in this wallet.  Embarrassed
11  Bitcoin / Bitcoin Discussion / Massive bid volume on mtgox due to people attempting to get free bitcoins? on: June 29, 2011, 06:23:12 PM
of course we know the glitch doesn't work like that but people are stupid.
12  Bitcoin / Bitcoin Discussion / 0/unconfirmed for 2 weeks on: June 27, 2011, 03:49:19 PM
sent a 1BTC txn between wallets with no txn fee two weeks ago, still not confirmed.  What should I do?

the txn shows up in block explorer.  So It's a matter of no miners accepting it.
13  Other / Off-topic / I sent that blockchain a hash on: June 17, 2011, 02:29:48 AM
blockchains LOVE hashes.  Cool

14  Bitcoin / Bitcoin Discussion / anyone have namecoin running in windows? on: June 15, 2011, 11:05:14 PM
specifically windows 7 32 bit.
I run namecoind.exe and it just sits there saying server starting.
15  Other / Obsolete (selling) / digital goods: shogun 2 total war, alien vs predator, windows 7 pro license on: June 13, 2011, 02:00:23 AM
1BTC each for games  Games are steam keys. 

2BTC for windows 7 key.  windows 7 license is good for 32 or 64 bit windows 7 professional.
16  Other / Obsolete (selling) / Shogun 2 total war steam key 1BTC on: June 11, 2011, 05:51:58 AM
PM me, got it with card and I dont play RTS.
17  Bitcoin / Mining / question on running 5850 and 5830 together on: June 11, 2011, 01:32:37 AM
so I dont have a resister to make the computer think 2 monitors are attached yet.  (windows 7)

I am now up and running with guiminer at default clocks.

How do I control clocks/fans of each card independently?

I've heard that msi afterburner controls the card that is currently plugged in.  So I should find a stable OC on the first card then switch to the other card and repeat?

How does that work once I have a dummy plug?
18  Economy / Economics / A more rigorous look at bitcoin's fundamental value on: June 10, 2011, 04:44:20 AM
Everyone knows that market demand for bitcoins sets their price.  But there is a lot of debate over what creates that demand.  Who is buying all those coins from miners?

Proof-of-work systems are a little counter intuitive.  We will look at the similar asset gold to explain them.  People dig gold out of the ground, sell it to others who put it in a vault in the ground and sit on it.  Why bother?  Proof-of-work guarantees scarcity.  I know that nobody can magic more gold into existence.  It's going to take X amount of time/labor/material/human ingenuity to get more gold.  Therefore I know gold won't suddenly become common since those other resources are limited.

So you have this scarce resource.  Is scarcity enough?  

No.  It must be scarce and in demand.  People buy gold because they think they can sell it to someone else later for the same or more of other things they want.  Gold is a way to transport value across time.  

Why does the gold buyer assume there will be equal or higher demand in the future when the person they sell it to also just wants to sell it for the same or more than he paid?  At the end won't someone HAVE to be left holding a bunch of useless rocks?

Not if the supply of gold increases more slowly than the class-of-people/number of dollars seeking to transport their value over time.

What prevents a sudden crash?

Nothing! The check on this is that people don't want to transport value over a week typically.  They want to transport value over a span of years.  The longer this investment window the more the supply of a good will be restricted.  Restricted supply of existing gold (in addition to new mined gold, the buyer doesnt care) relative to the total amount of gold in existence helps ensure that there won't be a sudden drastic price decrease.

Now you can go back and replace the word gold with bitcoin.  The creation of new bitcoins is similar to gold in that it is a small amount relative to those coins already in existence.  But what about the other factor?  What is the investment window of bitcoin?  No one knows.  Many proclaim it to be a bubble and will sell at the first sign of correction.  Many hoarders claim they are in it for the long haul.  Whom you believe will sway the market more is up to you.

The fundamental value of bitcoin is that people want to use it to transport value over time.  The characteristics of bitcoin generally discussed such as a lack of inflation and decentralization merely make it more attractive as an asset to fulfill this role.  If the number of people/dollars willing to hold bitcoin for this purpose grows faster than the rate of creation of new coins plus the rate at which current holders decide to sell theirs price will continue increasing.

I'm actually not sure how clear this is.  I'll answer questions but don't be surprised if I simply point you to a wikipedia article.




19  Other / Off-topic / My blockchain brings all the nodes to the yard on: June 10, 2011, 01:51:26 AM
They're like
Can I please double spend?
Hell no
You can't doublespend
I would let you
But I'd have to fork

Other tracks on our debut album will include:

Miner's paradise
Let's get hashing in here
Bit Money Bit Paid
It's too late (to mine on CPU's)
I mined a coin (and I liked it)
Bad Hashrate
20  Other / Obsolete (selling) / Windows 7 32 or 64 bit license 2BTC on: June 09, 2011, 06:02:49 AM
I have 2 extra licenses I got through student discount.  I can mail you the actual install discs or just give you the license number.
pm or email my username at yahoo mail.
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