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1  Economy / Marketplace / DIRECT ASICMINER SHARES FOR SALE on: October 07, 2013, 04:18:46 AM
Hey, there!

I have 114 direct AM shares for sale. The going price is 1.45 BTC each. (Will consider offers)

These shares are currently paid out to 1DEWpfx4MCkHTA233h7Cd4VDFiHXTBiD51.

Last transaction (10/3/2013):  4d5c7e939093b047276a887474cb5d73ea4a5bfdb92ed1f72b377a9c23431cbe
From: 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
Amount: 0.91238418 BTC.

Proof of ownership (for your peace of mind)

Address: 1DEWpfx4MCkHTA233h7Cd4VDFiHXTBiD51
Message: 114 shares
Signature: H6PlNxxrEu8vseeJtsjzUwmeBT2SUdABtcQKeJj+RsNbMi1BRGDHAyiJuz1bLA9u8qK9JzinLVA0gdYZ/O8XGDU=

Let me know if you are interested. I'll provide you with the payment address and notify friedcat once the payment is received to complete the transfer.

Thank you for looking!

2  Bitcoin / Project Development / Looking for a business partner on: September 18, 2013, 09:03:40 PM
Sup, all! I have an idea for a business which I would like to get of the ground.
I am looking for a business partner to split the work and expenses to get it going.

About me: I am very experienced programmer. I've been involved in BTC since 2011.
For the past 8 months, I was working as a CTO at and recently decided to separate.

About you: You are passionate about business, marketing or programming. You've been around BTC for at least over a year. You are an active board member. You are always available. You can pay 50% of the expenses. You can work for you 50% of profit.

About the business: The platform is currently in development. The best description for the niche would be social marketing.

PM me if you would like to talk further.
3  Bitcoin / Bitcoin Discussion / Compliance With FinCen Ruling on: June 04, 2013, 03:07:28 PM
Some ideas on how this can be approached...

1) Open a parent public company
2) Register with FinCen as MSB
3) Crowd-fund licensing fees for all 50 states
4) Layout AML structures
5) Sign on/incorporate "subsidiaries" (exchnages, buisinesses etc) for a fee

Ultimately this scheme allows for a low cost access into the Money Transmitter Rights.

4  Economy / Auctions / 100 Direct ASICMINER Shares FIXED PRICE [Closed] on: June 02, 2013, 02:05:59 PM
I am selling 100 direct AM shares for 2.5 each. Batches of 20 only.

Proof of ownership

Thanks for looking.
5  Bitcoin / Mining speculation / Is it possible to set up a mining operation that routes only particular txns? on: April 19, 2013, 09:20:02 PM
Okay, ASICMINER hardware auction just ended and that gave me a vision of the future where AM dominates the transaction routing business. Now, I know a few things about mining and I used to mine pretty happily back in 2011 without giving it much thought.

However, my knowledge got rusty...

Is it possible for a mining venture to filter out transactions that it is routing based on a particular set of rules? Is that a problem? For example, in the vision I mentioned before, ASICMINER had partnerships with some kind of enournmous futuristic financial institutions, where it routed particular transactions and ignored the rest! Appreciate your thoughts, yays or nays...
6  Other / Off-topic / Unauthorized computer access laws on: April 17, 2013, 12:55:04 AM
So, I've been thinking about the law that puts people behind bars for hacking computers. I am not a hacker but I tend to be paranoid about computer privacy/security (probably as much as some of you folks). Anyway, do you think it is safe to assume that if somebody from an "official" agency hacks into your computer looking for something you have the right to sue them?

I am interested to read what people think...
7  Other / Off-topic / Petition to Remove United States District Attorney Carmen Ortiz on: January 15, 2013, 03:22:49 AM
8  Other / Off-topic / Black Holes and The Internet on: November 02, 2012, 11:12:44 PM

I have been reading a couple of papers about black holes recently. One of the articles I read was dealing with what happens to information when it enters a black hole. What the authors said was that information inside a black hole gets converted into gravitons - basically gravity. Now, take internet for example, internet as an interacting system of things is rather the opposite process. Internet is an information explosion phenomena (for the sake of relevance I will downgrade term mind to term internet). This is blowing my mind, please re-read the sentence above last if it does not work for you until you get it.

The other side of this picture is the fact that we are figuring out how to store much more information into smaller bits of matter (mass). It seems like the mass is decreasing and when mass decreases gravity follows. On this end of things, gravity is converted into information. 

I know this forum is made up of smart people. I am trying to generate some discussion around this observation that can further develop the idea and maybe develop a theory. Maybe there are people who are also thinking about this in their spare time and are better than me at math. Maybe you can suggest some good reading relevant to this topic. In any case thank you and please post something!
9  Bitcoin / Mining / Why should we invest in ASIC? on: September 19, 2012, 06:40:57 PM
Hey, all,

I've been reading peoples' thoughts around the forum quite a lot lately.
I still don't quite understand why investing into ASIC is important for BTC future.
If it's lack of my understanding how Bitcoin network operates then please point it out.

Here is what is clear to me, Bitcoin difficulty scales proportionally to the amount of hashing power there is.
So it seems like the whole point of investing into ASIC is to raise difficulty so there is no competition.
I do not feel that's really the case.

Will someone share what they think is going on here...


10  Bitcoin / Development & Technical Discussion / Unconfirmed transactions from a while back - What going on? on: September 18, 2012, 12:46:05 AM
So I took a break from botching for about 4 months and when I got back my balance got lower. I noticed that there are a bunch of unconfirmed transactions from a while back.
The total for that is about 1.64795939 not a big deal but still what is going on here. Here is one of those transactions back when I used to mine with p2pool. I have about 5 of these.
11  Bitcoin / Development & Technical Discussion / What is the chance of generating the same BTC address as someone? on: September 17, 2012, 11:55:04 PM
So I was making myself a new address by running bitcoin client offline and it hit me that there is a chance of generating address as someone else. What are the real odds of such thing happening? Thanks!
12  Bitcoin / Development & Technical Discussion / Size of BTC blockchain centuries from now... on: September 14, 2012, 06:10:42 PM
Hello, I am sitting here and downloading the transaction history in order to test the wallet I had backed up months ago. Let me tell you, it's been two days already and a major pain in the ass. But anyway, this got me thinking if we approach the future where BTC transaction are going to increase (exponetionally or not) does the blockchain size eventually become infinite? Also, how in the world people who can't afford equipment that can process large data, would benefit from BTC?

Thanks for answers!
13  Economy / Goods / Selling 2 Sapphire ATI RADEON 7970 on: April 23, 2012, 03:01:59 PM
I need money so I am selling part of my rig.

Will sell for 160BTC or $800 Money Pack.

Please PM if interested. US Only. Can provide pictures.
14  Economy / Lending / How do I properly report a non-paying borrower? on: April 10, 2012, 03:01:49 PM
Somebody owes me some BTC and it does not seem like he is going to pay. Is there a sticky topic where I can warn other to stay away from the user?
15  Other / CPU/GPU Bitcoin mining hardware / Cooling 4x 7970 ideas needed [BOUNTY 1 BTC] on: March 30, 2012, 03:50:05 PM

I have 4 x 7970. They constantly overheat causing my PC to shut down.
I have previously tried to cool them with a stand-alone fan blowing through a copper coil filled with water.
This way is not so efficient. PC still shuts down.

I am putting up bounty [1BTC] for the best idea on cooling.

Maybe there is someone out there who's got it figured out.

Thanks for participating.
16  Economy / Goods / Red River and Dirt 3 Games 2 BTC for both on: March 07, 2012, 07:14:57 PM
Hi, I bought some hardware recently and got coupons for Dirt 3 and Operation Flashpoint games. I do not have much use for these since I do not play games. I hate to see these laying around without any use. I am selling both coupons for 2 BTC. I've just given someone a loan of 10 BTC in case you are wondering if I am legit. I can provide more details in PM. Please contact me if interested.
17  Bitcoin / Bitcoin Discussion / Bitcoin, copyright, profit on: March 03, 2012, 11:33:21 PM
I was thinking about a scenario where someone sells some IP for bitcoins. Is this still considered a legal offense if the IP is covered by trademark/copyright? Since countries do not recognize BTC as a currency, doesn't that make 'making profit from BTC' impossible? (considering relevant legal definitions). It seems to me like IP for BTC is a very exploitable area. Obviously, bitcoin is multinational and there is no unanimous copyright law for the world as well as some kind of enforcer. I have heard about some cases where China has "violated" a lot of US copyright laws and US can't do anything about it. Has anyone else ever thought of that? I am interested to hear from both fronts: pro and anti-copyright. Looking forward to your insight.
18  Bitcoin / Bitcoin Discussion / User appeal and denomination on: February 22, 2012, 03:43:21 AM
I was wondering, does anyone else feel that for an entry-level user (customer, payee, merchant) dealing with micro-bitcoins might seem as an unappealing feature? 

I am imagining a scenario sometime in the future where a random he or she employs bitcoin to buy a chocolate bar. Rather than paying an even nice-looking value like (1 buck), he /she has to pay something like 0.000000023BTC. Describe it anyway you want, this is extremely unappealing. Of course, I am considering here that the ultimate realm of bitcoin will be that of common human dealings. Maybe terms like micro-bitcoin haven't yet been mainstreamized.

I do understand that people around here feel great that they can say 1BTC is worth than 1 dollar. I am not trying to generate a discussion around that. Maybe next time.

Looking forward to yours answers. Thanks!
19  Economy / Services / BTC VPS service for TOR Exit Node on: February 20, 2012, 03:24:27 PM
I am looking for a VPS provider that takes BTC and is not opposed to hosting a TOR relay.
Please PM me or reply here. Thanks!
20  Other / Beginners & Help / State of Bitcoin on: February 18, 2012, 04:25:27 PM
Hello all, I am a new member of Bitcoin community. I have been involved in BTC for some time now.
As most of you, I have a pretty decent mining rig thats doing what its supposed to.
I am posting here in order to earn my right at the table of "BTC grown-ups" and to have a "grown-up" voice. This is probably enough of information to get me started.

To make this post less boring, I want to know if people have ever minded the following...

What is the future of BTC?

I have been pondering on this question for sometime.
On thing for certain, it is difficult to speculate what the future of BTC exactly looks like.
In trying to answer the above question, I have arrived at three solid facts.

1) There are many individuals who are vested in BTC.
2) These are developers, economists, entreprenuers, thinkers.
3) Most of these people believe there is something about BTC that makes it worth their time.

I am interested in personal feedback from the community in regard to number 3.
As for me I feel that BTC offers a technical challenge. Since I started I've learned a lot about GPUs, FPGAs, computing and programing.

What are your reasons why you invest your time into bitcoin?

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