I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

The Singapore company Tangem released bitcoin-bills, which the developers themselves call "smart banknotes." However, they are not made of paper - in fact it is hardware cold wallets with integrated chip S3D350A from Samsung, reports Finance Magnates.

At the same time, the novelty has common features with traditional banknotes. So, each bitcoin-bills represents a certain fixed denomination in BTC and can be transferred physically for payment. In the company itself Tangem development is called "uncoolable cold wallet."

the advantage of banknotes in front of online transactions is the developers call the instant payment and the absence of commissions. However, they also adopted all the shortcomings of other physical media, including the potential risk of theft and limited transmission range.

Do you want that in your country issue bitcoin-bills?

In April, the bitcoin rate increased by 33%. This is the most successful month for the main crypto currency for the entire 2018 year.
How do you think  bitcoin will show higher growth in one month during 2018 or will April remain the most successful?

Serious resistance levels of $ 9,200 and $ 9,800, in the vicinity of which the price has been going on for quite some time, have risen. Having reached the mark of $ 9 800, the rate fell sharply on the background
e multiple sales and profit-taking.
To continue the upward movement, you need to break through the resistance that has formed. In the event of a breakdown in the range of $ 9,800 - $ 10,000, an impulse movement to the area of ​​$ 11,700 should occur.

If the local support breaks down as low as possible, the price may drop to the area of ​​$ 8,400. A drop below this mark now seems unlikely, as bulls will use any drawdown of the price for purchases.

what do you think about the changes in bitcoin prices in the near future?

American meat manufacturer Oscar Mayer launched an unusual advertising campaign, within the framework of which he issued a Bacoin crypto currency "backed up by the golden standard of bacon". Despite the general frivolity, the coin supposedly does exist and "trades" paired with ... bits of bacon.
As part of this initiative, Oscar Mayer offers bekoins as a reward for promoting the company's products on social networks. Coins can be "mined" on the official site, while, according to the idea of ​​the creators, their value should grow directly in proportion to the attention of users.

"Cash out" bekoin can in exchange for packaging a very real bacon. According to the data of the special tracker, the historical maximum of the coin's price is 28 pieces of bacon, although at the time of publication, its rate is kept around 10.


What do you think about this idea?

What do you think will happen with the bitcoin rate when it will be completely mined? I've heard quite opposite opinions on this issue.
And some (like me) believe that nothing will change for a long time after this.

This is the only thing that makes sense, think about it, I don't care how informed you are there is no way you could make so many decisions in the design and early days of bitcoin that eventually panned out to be right just by chance 

If this is true, take for instance how he asked wikileaks to not use bitcoin for donations a few years back http://www.theregister.co.uk/2014/09/16/i_saved_bitcoin_and_the_perfect_draft_of_history_says_assange/

Look at how the reward system for mining has panned out, look at what its achieved.

Look at how mass adoption is taking off just at the right time...

The more you look at the fine details and the events over the last few years the more you find yourself thinking "wow that was lucky", or "hey that worked out nice".
See? 

I think satoshi has not disappeared, he's just gone back home "whenever" that is.... probably to enjoy his lil stash of bitcoins... 2020 maybe?

Here is an interesting question.

Lets say I bought something from a foreign country and I paid in BTC.... simples, I paid btc the supplier accepted btc, no conversions to fiat just btc.

If the supplier declared the value of the goods in BTC and lets say my country's customs and excise duty is 20%.  Is there a valid case where I'd only offer payment in btc? which would be 0.2btc?

Is it my problem if the government says the actual real goods I bought were paid for with "pretend" money?  The supplier didn't think so.

Curious as to the answers from others who undoubtedly know more than me! 

Is it me or has btc guild been real slow with scoring blocks of late?  Please noone say variance, I'm just wondering what else it could be.... maybe uranus is inline with jupiter or something... I just know it don't feel right.

Meanwhile ghash.io are scoring four in a row!!  We should rename it the ghash & discuss fish chain.

*sorry, can someone move this to off-topic, I posted it in the wrong place*

There is a good article that explains exponential growth.  If you do the math to work out the thickness of paper as you fold it, fold it 103 times and its as thick as the entire universe!

http://sploid.gizmodo.com/if-you-fold-a-paper-in-half-103-times-it-will-be-as-thi-1607632639?utm_campaign=socialflow_gizmodo_facebook&utm_source=gizmodo_facebook&utm_medium=socialflow

Whats really really funny, take a look at the graph at the very end of the comments, it looks like the bitcoin mining graph since 2009... oh dear  

In case you can't see it here it is.

I'm in the UK and keep my mining rig in the garage outside.

Temp    Fan% (rpm)    Load  Rate     Accept/Invalid   Status
0: 42c     na% (na)      99%   218 Mhs  538/0 (0.00%)    pool.bitclockers.com
1: 54c     50% (1964-)   99%   327 Mhs  6922/8 (0.12%)   pool.bitclockers.com
2: 56.5c   50% (1708+)   99%   315 Mhs  6445/6 (0.09%)   pool.bitclockers.com

The cards are:

0 5770
1 5830
2 5830

All over clocked as you can see and the fans at this time (8am UK time) are at 50%  
Open wooden frame rig

As the topic suggests, has anyone had any experience of installing both the AMD SDK & libraries etc and the nvidia opencl on one PC?

I have a linux box based on debian 6 which is all setup for AMD mining.  For other projects I'd like to add a couple of nvidia cards too thus only run one PC for both but I wonder if it can be done.

The first fear I have is in order to install the opencl libraries etc I have to install the nvidia drivers which includes X drivers.... I don't want to ruin the machines current AMD functionality namely bitcoin mining.

Thoughts?

hmmm,

tonight I've converted my usb pen drive BAMT install to HD and already it looks like it may be a few percent lower on the stales.  Dont get me wrong it was typically just under or around 1% to start with but now its 0.01 rock solid.  The stales issue is all down to timing I guess, all sorts including internet connection can affect it to a degree.  Just thought it was worth a mention.

Question is if you have no other reason to use a hard disk will the reduction in stales pay for the hard disk being run?? :-)

[DOH!]

Hmm seems I've made a newbie mistake.  I've got 3 GPUs and figured that as nothing uses the second 2 I never gave the aggression settings a second thought, had it set to 10.

Well, I tried cards 2 & 3 at aggression 12 and now my hashing rate has gone from drifting around 841-849 Mh/s to being pegged at 851 Mh/s

DOH!

Just thought I'd share, let this be a lesson 

Hi,

I work in web based application development and recently started a project for a BTC auction site.  However it struck me that if we want to improve BTC trade thus raise its worth then we don't just need another trade site but perhaps something that the community has "put into" and worked on for something we actually want.... that is to spend BTC for real stuff?

My initial thoughts are a Zend Framework based site with jquery.  Ok ZF has overheads and I don't want us to digress at this point.... my thinking was its a most excellent base for rapid development.  I'm sure there are many intelligent people on here who have plenty to contribute so at this time I'm just putting out the "feelers" as it were to gauge initial interest (developer and creative interest).

I was thinking this site would work from a referee standpoint.... IE it would referee the sale of an item between two people as opposed to trying to "handle" the sale... although as with ebay if there is a lot of interest from volume sellers perhaps the site could "monitor" payments and automatically complete sales based on the sellers pref for X confirmations.

Oh yes, nearly forgot, this project would be hosted in a public repository, it would be a collaborative effort as many open source projects are except those active in its development have a vested interest in BTC :-)

Thoughts please peeps?  its worth the effort as I think bitcoin really needs a boost for commerce.

http://www.bitcoinwatch.com/

As per the subject

I've just found that the 6 & 8 pin pci express power connectors used in GPUs are only 12V (no 5 or 3).

So my question is this.... why bother messing with switching computer PSUs when you could use a good quality bench 12V PSU.... A 200 amp bench PSU is comparatively cheap compared to the equiv in PC PSUs, a damn site better quality too!!

IE it would take a damn expensive computer PSU to match this one below
http://www.ebay.co.uk/itm/Stable-Power-Supply-Unit-350W-Output-DC-12V-30A-CCTV-/220617664497?pt=UK_ConsumerElectronics_SpecialistRadioEquipment_SM&hash=item335dd667f1#ht_3121wt_905

Thoughts, anyone done this?

Just toasted a 850 watt psu.

I realiase now that the psu had two 38 amp 12v rails providing 336 watts each.  As it happens one rail had one gpu on it while the other had 2 on it and was thus over-loaded.

Now I have the replacement on order I have this question.

Is there anything stopping me from "bridging" the two rails? I'd do it by splicing the wires together outside the PSU.  I'm fairly familiar with DC and can't immediatly see an issue with this but thought I ought to ask.

Also more to the point, if I can do that, then whats to stop me doing it across several PSUs ?

Cheers

do i just move the old wallet file to make the bitcoin client create a new wallet?

ok i could just try but i want to know for sure as dont want to loose my 4 btc :-)

The reason for this is I want a fresh wallet to transfer my btc to which i know is secure and has not been backed up anywhere without encryption.

Ta

Hi,

The thought occurred to me.... the chances of bitcoin becoming a successful economy (to what scale unknown) are significantly better than winning the UK national lottery (14 million to 1) yet people pour GBP every week into that!

Pour some GBP into bitcoin and stand a much better chance of a "win"..... theres a good argument that explains to the masses why they should buy a few BTC....

Discuss just for fun :-)

PS: hi, just discovered BTC a month or so ago and find it very interesting if only as a medium to invite interesting discussion on economics!

Jon