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Hello,
i came to a thought, and would like to hear opinions about this:
what if asic manufacturers raised / keep raising the btc price by not converting btc payments / buying additional btc ::: to warrant high sales price of their wares ?
Not only would there be a cash inflow (to btc market) of ppl buying btc to pay for an asic with, but with the raised asic prices because of high btc price and the directly USD inflow they could as well partially buy additional btc to warrant for even more btc prices raise.
together with people keeping their btc because of the deflationary layout of btc this would warrant "further inflation of the bubble" : i myself believe its not useful to have the price volatile as its bad for the main purpose of btc: payments.
such a shame there will be lots of "early adoper" millionaires from the money the latecomers pay.. i myself believe the deflationary layout(making ppl keep their btc's) is an absolute proof of a "big time ponzi", it could as well be a steady mining revenue for all times..
if i was new to this, i would'nt buy into it. if noone would, when do you suppose a coinhoarder would drop his btc into the market and the price will go to the bottom ?
greetings
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Hey,
the Win Client should be able to give an error indicating he has no irc communications.
Not just crash and leave the user with no clue
(MCaffee was blocking outgoing irc)
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if i was ati, i would put a 7 number figure into the market to encourage ppl to buy all of the radeon stocks
if i was nvidia, i would put my head devs into making a miner worth the watts
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Hello,
out of curiosity i wonder if someone with knowledge about bitcoins hashing needs, crypto breaking needs of a gpu (cycles per operation and so on) and crypto used for the wallets insights could estimate
how long
-a pool with 2000gh/s
-with a alternative client capable of doing
-wallet private key brute force
would need
my totally uneducated guess is 2 weeks ?
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