142
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Economy / Computer hardware / [WTS]-Antminer S1-0.25BTC
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on: July 06, 2014, 05:32:22 PM
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~Two month old Antminer S1, fully functional, has both screw terminals and PCIe connectors. price -0.25BTC and you pay for shipping, preferably to US.
edit: The item sold
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143
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Bitcoin / Bitcoin Discussion / People need to stop calling Bitcoin "a virtual currency"
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on: July 05, 2014, 07:07:59 PM
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The Bitcoin Foundation and community as a whole needs to step up to educate regulators to STOP using the derogatory term "virtual currency" as EU banking authority described it.
Bitcoin, litecoin, etc are digital or cryptocurrencies.
Try making just ONE bitcoin yourself and see how "virtual" it is. It is absolutely certainly requires much more work than minting or printing $1, and I am not even talking about making a $1 by some ledger adjustment at the FED.
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146
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Bitcoin / Bitcoin Discussion / The Willy report-a questionable cause logical fallacy
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on: May 26, 2014, 08:04:50 PM
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There is no cause-effect relationship here. Correlation does not imply causation. You can find a week where NY stock exchange opens at the sunrise, but these two events are not related to each other. Was there a Willy program? Probably, yes, as there are a multitude of other programs in the market. Large companies cannot buy or sell stock en masse without some programming. If they hit the bid for 1 mil shares all at once, it would be idiotic, so they sell some, buy a little less, sell again, etc.
This fallacy is known as cum hoc ergo propter hoc (with this, therefore because of this) Proof: market is discounting this
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147
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Bitcoin / Bitcoin Discussion / Proposal to define XBT as 0.000001BTC (Vote)
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on: May 23, 2014, 09:30:44 PM
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As came up in a previous poll discussion, some people seem to coalesce around the idea to define the proposed ISO unit (XBT) as 0.000001 BTC. How to call the unit in slang is not relevant for this poll, but possible variants would include bit, X-bit (like in X-ray), ubt, xib/xi, microbit, etc. Voting Yes would mean that you approve changing of XBT definition from=1BTC to equaling 0.000001 BTC.
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148
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Economy / Digital goods / Coupon DONATION (no selling allowed here)
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on: May 15, 2014, 01:59:50 PM
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This thread is for Antminer S1 and Antminer S2 donation requests and fulfillment offers ONLY. This is NOT for selling. Specify your request either for qualification (student, etc) or number requested or available. This thread might disappear after 5/30 if no more coupons are issued.
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154
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Economy / Speculation / stats out of sync
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on: February 17, 2014, 05:31:47 PM
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What the heck is wrong with stats on blockchain.info? check this out: https://blockchain.info/charts/hash-ratezeroblock app shows: blocktime 205.71min hash rate 912,175 Next difficulty-296 days??? Speculation: can they hold the darn thing together? Holding, but... Edit: stats back to normal at 12:48 eastern
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155
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Economy / Speculation / Coinbase-unrealistic prices?
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on: February 10, 2014, 03:21:51 AM
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where they got the price they quote-out of thin air? buy 729, sell 728 with btce at 719 and stamp at 695. It makes no sense. How could one buy/sell bitcoin (speculate) with these ridiculous prices?
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156
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Other / Beginners & Help / how are you promoted from newbie to jr?
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on: February 02, 2014, 07:07:23 PM
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Promotion-Not sure how this works now. Is there a "special action" to get a jr: time spent or messages posted? What does activity mean? I keep posting, but "activity" number stays the same. Thanks!
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158
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Other / Beginners & Help / hello from a newbie
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on: January 20, 2014, 06:27:41 AM
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Hi,
I have heard about bitcoin first time just a couple of months ago, but it has become a major interest since then. I have been reading bitcointalk for a while and finally decided to join.
Cheers!
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