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1  Bitcoin / Press / Interesting video on Bitcoin on: March 07, 2014, 06:04:46 AM
Very sales-pitchy but interesting all the same....

http://pro.moneymappress.com/NVXBITCOIN2014/PNVXQ255/
2  Other / Politics & Society / Janet Yellen's impact to bitcoin/cryptocurrency on: November 15, 2013, 04:36:55 AM
http://money.cnn.com/2013/11/14/news/economy/janet-yellen-confirmation-hearing/

Personally, I'd be surprised if bitcoin isn't at 4 digits by the end of the first quarter of 2014.  This individual is quite possibly the least eligible person in the United States to fill this role (save for maybe homeless people... and then it's questionable), therefore people will be seeking harbor from the storm she will start and 1 of those places will be cryptocurrency, another foreign currency not tied to the USD$ central banking reserve.  Businesses will start to find it easier to do business with cryptocurrency on a level they've not seen before due to the increased spread of people involved and the demand to offer goods/services denominated in bitcoin.

Just my thumb in the wind prediction, hope I'm wrong because it will mean great hardship on those tied to USD$ including many current bitcoiners and foreign countries tied to US central banking.
3  Bitcoin / Bitcoin Discussion / Reach out to a potential new crypto enabled business on: September 25, 2013, 04:52:19 AM
So as with my usual evangelism when I buy a product or service from somewhere online, I kindly ask that they look into bitcoin/cryptocurrency payment options as is my preference over credit card/paypal, I got a bite on one yesterday so if you want to help get another business in the fold there seems to be opportunity with http://www.backtotheroots.com/, go out check out their products, maybe buy something and kindly ask them to look into accepting bitcoin/cryptocurrency in the future.

They seemed aware of Bitcoins existence already so I think the opportunity is high here if they can fully see the potential marketshare/value they can get by joining this community.

Thanks!
4  Economy / Computer hardware / [WTS] USB Asicminer Block Eruptors in hand on: September 20, 2013, 06:21:41 AM
48 to sell
0.12 BTC each
Minimum 8 in an order

These are the newer saphire models, and will be shipped in original form fitted packaging.
Lightly used and all are in great condition.
5  Bitcoin / Pools / [ANN][BTC][POOL][PPLNS]p2pool.bit[Beta] on: August 05, 2013, 12:42:56 AM
I'm field testing a new pool currently, it will be 0% fee at least during testing (possibly longer depending on demand, etc.)  This is based on a p2pool node so is assisting BTC's p2pool and decentralized mining ecosystem.  In good spirit of the cryptocommunity, the domain is .bit so you must be using some form of .bit compatible DNS proxy to properly resolve the URL.

Now for the fun stuff:

Pool URL = stratum+tcp://p2pool.bit:9332
  Note: Only tested currently to work with cgminer + bfgminer

User Name = <BTC Address>
  Note: Pool supports miner adjustable difficulty settings to control your payment size as well as worker difficulty.  To utilize these you must add a "/" after your btc mining address followed by 2 numbers delimited with a "+", the first number indicates when the pool will attempt to submit a share on your behalf to p2pool and must be greater than the minimum p2pool difficulty to make any difference, the second is your individual worker difficulty to help throttle the utilized bandwidth, stales and worker variance, etc.
Code:
  Examples:  <BTC Address>/100+4  Would give your workers difficulty 4 work, and p2pool.bit will submit shares into p2pool on your behalf when your workers find shares that meet 100 difficulty or more which also entitles you to p2pool payouts based on difficulty 100 instead of the min p2pool difficulty
                 <BTC Address>/100 Would allow auto-adjusting difficulty and still make your minimum share payment based on 100 difficulty or greater shares
                 <BTC Address>/+4 Workers get difficulty 4 work and shares are submitted when they match or exceed p2pools minimum difficulty
                 <BTC Address> Workers get auto-adjusting difficulty and are submitted when they match or exceed p2pools minimum difficulty
I do highly recommend you use these features, particularly if you have a larger mining rig/asic, it will help keep p2pool difficulty lower, increase your payout sizes (reducing later fees), helps establish optimal variance levels.

Quote
  Better Explanation: https://bitcointalk.org/index.php?topic=18313.msg816322#msg816322 but keep in mind the BTC p2pool difficulty at the time of writing that article was 749, at the time of this article the BTC p2pool is operating at about 15000 so adjust the calculations accordingly.

User password = <anything you want, the pool cares not>

Not using a .bit capable DNS proxy to resolve the pool's URL?  Fear not!

Article to walkthrough setup: https://bitcointalk.org/index.php?topic=205026.0
Acrylic DNS home: http://mayakron.altervista.org/wikibase/show.php?id=AcrylicHome
Default Config file to support .bit: http://blockchained.com/stuff/AcrylicConfiguration.ini
  Note: Works out of the box but there are some config items discussed in the article you may want to consider


Pool Stats page: http://p2pool.bit:9332/static/

Final Comments:  DO NOT USE AN EXCHANGE'S ADDRESS FOR MINING, MOST CANNOT DETECT GENERATES AND WILL LOOSE YOUR MINING INCOME!!!!!  Now that is out of the way... this is a beta pool, if demand is positive and testing goes well this pool may be moved to stronger p2pool servers and as always the operator reserves the right to shutdown the pool at anytime for any reason, so have a backup pool set in your miner (It's a good idea to do this anyway, especially on a beta pool....)

Enjoy and happy block hunting!
6  Alternate cryptocurrencies / Altcoin Discussion / [ANN][TRC][FRC][POOL][PPLNS]p2pool.bit[Beta] on: August 04, 2013, 09:51:30 PM
p2pool.bit is a PPLNS cluster of pools and I recommend taking a look at http://nwoolls.github.io/MultiMiner/ to switch between your coin of choice if you are attempting to maximize your returns, otherwise pick your favorite coin and happily mine away!  Cool

All pools are 0% fee pools at least during the duration of beta operations.

For Terracoin mining info see here:
http://www.terracointalk.org/index.php/topic,382.0.html

For Freicoin mining info see here:
http://www.freicoin.org/p2pool-bit-t541.html

Currently working and nearly have the BTC node ready, so expect that soon!  Then I'll start investigating scrypt coins to add to the pool cluster.

On using .bit:
Not using a .bit capable DNS proxy to resolve the pool's URL?  Fear not!

Article to walkthrough setup: https://bitcointalk.org/index.php?topic=205026.0
Acrylic DNS home: http://mayakron.altervista.org/wikibase/show.php?id=AcrylicHome
Default Config file to support .bit: http://blockchained.com/stuff/AcrylicConfiguration.ini
  Note: Works out of the box but there are some config items discussed in the article you may want to consider


Final Comments:
DO NOT USE AN EXCHANGE'S ADDRESS FOR MINING, MOST CANNOT DETECT GENERATES AND WILL LOOSE YOUR MINING INCOME!!!!!  Now that is out of the way... this is a beta pool, if demand is positive and testing goes well this pool may be moved to stronger p2pool servers and as always the operator reserves the right to shutdown the pool at anytime for any reason, so have a backup pool set in your miner (It's a good idea to do this anyway, especially on a beta pool....)


Enjoy and happy block hunting!
7  Alternate cryptocurrencies / Altcoin Discussion / An idea for eXc (semi-noncurrency p2p cryptoexchange ) on: July 30, 2013, 02:32:29 AM
So here goes a high level overview of the concept

Block times:  30s***
Transaction style:  ledger
Block reward:  exchange transaction fees in eXc
Divisibility of "coin":  No, whole units only
Hash Algo: (***) POS only (rewards transaction fees), used to confirmed submitted blocks and exchange transactions
New coin distribution:  (***) Any confirmed block on an exchanged coin rewards miner with 1 new eXc (therefore this coin must be merge mined)
Pre mine: 100 coins for each current exchange who will adopt the coin at launch to be randomly/semi-randomly awarded to their end users as they see fit in a publicly verifiable manner + 10 coins for the exchange to keep for no less than 6 months to assist with early POS mining after which time these coins will automatically be unlocked for the exchanges to use as they see fit.  10 coins for the genesis block starter to be locked for no less than 1 year.

Exchange transactions are entered much like how namecoin registers domain names, at time of submission the eXc client verifies the users funds are available for use.  When 2 trading parties meet, their respective clients reverify the funds and issues the transactions required to complete/partially complete the trade.

Pitfall:  rogue client says they have verified funds regardless of whether or not they have the funds and then receives coins without sending their side of the trade, possible solution, clients verify against addresses in the block chain but there is still the issue of the counter client not sending funds.  What ways can this be prevented?  Multi-sig helpful? 

Goals of the coin:  deeper integration of all the current exchanges, ddos resistant exchange, off-exchange p2p trading.

Here's hoping this sparks some great ideas :-) for someone
8  Other / Off-topic / Call to arms on: July 29, 2013, 01:18:08 PM
http://www.debate.org/opinions/is-bitcoin-a-scam

Let's fix this metric!  Smiley
9  Economy / Speculation / Side Stepping a Global Financial War - Bitcoin will reach unprecedented heights on: February 12, 2013, 07:45:38 PM
http://www.moneynews.com/MKTNews/Financial-Pearl-Harbor-Currency/2013/02/06/id/489222?promo_code=125A5-1&utm_source=taboola

Good day for cryptocurrency which side steps this global financial war, I hope many of you are keeping some of your asset values safely in tangibles and of course BTC etc.
10  Bitcoin / Wallet software / Any/What clients support yubikey? on: January 11, 2013, 12:51:58 AM
Are there any clients that support yubikey protected logins/encryption?  If so which ones and how good are they in comparison to the standard Qt client regarding user friendliness, clean interfaces and most importantly security?
11  Alternate cryptocurrencies / Altcoin Discussion / Alt coin clients on: November 20, 2012, 07:29:48 AM
Is there a good client that can manage multiple chains (my guess would need to be a light client of sorts for most chains)?

Is there any good cryptocoin clients that are "accounting" grade at all? (Think like a professional accounting ledger, addresses treated like accounts, etc.)  My hope here is that at least bitcoin has one which could be ported to other chains but I'm unsure that really exists?

Any clients that could have profit/expense/loss formula applied to (think accounting for businesses) them and optionally allow for tax code rules applied to business profits etc.?

....If there is no good client that meets these criteria, anyone want to make it? :-)
12  Economy / Securities / [CRYPTOSTOCKS] PYRPXYBTC - Pyra-Proxy BTC Mining Project on: October 17, 2012, 08:56:53 PM
New project listed at https://cryptostocks.com
Direct url - https://cryptostocks.com/securities/24

Description: The purpose of the Pyra-Proxy BTC project is to allow those parties interested in Pyramining to pool their resources and create a conducive environment where they can enter and leave participation at will while still having the opportunity to participate in the pyramining model of mining.

Pyra-Proxy BTC will establish a permanent presence in the Pyramining ecosystem with appropriate reinvestment to maintain and marginally grow its stake while simultaneously providing maximum dividends to project constituents to keep the project viable.

INVESTMENT PLAN (PRE PYRAMINING ASIC IMPLEMENTATION)

Prior to the Implementation of Pyramining ASICs this project shall invest only in the top 2 tiers at a ratio of 1:2, investing in 3 BTC or higher quantities. In tier 1 the funds will be directed at FPGA mining to allow for some dividend income to start accruing. In tier 2 the funds will be directed at ASIC pre-purchase allocation allowing some bonus to benefit tier 1 but aimed at providing maximum performance when Pyramining ASICs are release.

The pre ASIC phase also supersedes the reinvestment model, whereby 90% of pyramining pay outs are redirected to tier 1 and 10% is taken for dividend dispersion and 0% administration fee.

INVESTMENT PLAN (POST PYRAMINING ASIC IMPLEMENTATION)

Pyra-Proxy BTC will invest all resources into a 4 tiered Pyramining cluster to maximize reward and benefits from the Pyramining model. Investments will be added in whole BTC increments. Initial resource induction will seed all 4 tiers at a ratio of 1:2:4:8 to maximize mining bonuses and speed the time when dividends can be made.

Upon receipt of Pyramining payments the reinvestment and dividend take plan active at the time will be implemented within 48 hours.

The Pyramining top level account will be made public so that any participants or prospective participants can fully audit current and past performance as well as verify that the program is operating properly within the given charter.

REINVESTMENT AND DIVIDEND PLAN

90% of pyramining payments will be reinvested in the 4th tier as soon as the total is greater than 1 BTC 10% of pyramining payments will be redirected as a dividend take less 5% of the dividend take for administration fees, these will be paid within 48 hours of payment.

Non-voting planned adjustment to this structure immediately following the first pyramining payment received after 1 BTC has cascaded sequentially through each of the 4 tiers.

The new plan at this time will be 60% reinvestment into the 4th tier and a 40% dividend take less the 5% of dividend take for administration fees

All future amendments to this plan will require majority vote by the programs participants.

CURRENCY TRADING FOR PROFIT GENERATION

This program is not designed to reap gains through the currency trading and only deals directly in BTC assets.

PROGRAM SOLVENCY

Pyra-Proxy BTC will remain viable so long as 2 environmental conditions are true. 1-Cryptostocks is active and allowing for continued operation; 2-Pyraming remains a viable mining operation.

In the event of a collapse of BTC and/or a failure of the conditions above, the administrators will attempt within reasonable power to proportionally disburse cryptocurrency units to the program participants as they become available with 0% reinvestment and 0% administration fee.
13  Other / Meta / Suggestion to improve ignore feature on: October 17, 2012, 05:56:34 AM
Perhaps, if a user gets to some of the higher levels of ignore status as indicated by their ignore link highlighted color then they should either:
a) Not be able to be automatically quoted --OR--
b) If quoted the quoted part the contributed does not show up for those having them on ignore

Is this possible?
Desirable to others?

Additionally, it would be nice to see a matching where people at these same statuses automatically get a search applied to publically link their alternate personas in the forums and automatically update those other personas with the same status levels as it is a known fact that many people out here earning those reputations also employ a "smoke screen" of alternate personas as well... this feature should help cut-down some level of the forum mis-behaviors but should be employed cautiously and looking for multiple indicating factors since IP address directly may not be the only indicating factor in the event of public access computers etc.
14  Alternate cryptocurrencies / Altcoin Discussion / [ANN] [LTC] PYRPXYLTC - Pyra-Proxy LTC Mining Fund on: October 15, 2012, 09:07:44 PM
New project listed at https://cryptostocks.com
Direct url - https://cryptostocks.com/securities/23

DESCRIPTION:
The purpose of the Pyra-Proxy LTC project is to allow those parties interested in Pyramining and the health of LTC to pool their resources and create a conducive environment where they can enter and leave participation at will while still having the opportunity to participate in the pyramining model of mining.

Pyra-Proxy LTC will establish a permanent presence in the Pyramining ecosystem with appropriate reinvestment to maintain and marginally grow its stake while simultaneously providing maximum dividends to project constituents to keep the project viable.

INVESTMENT PLAN

Pyra-Proxy LTC will invest all resources into a 4 tiered Pyramining cluster to maximize reward and benefits from the Pyramining model. Investments will be adde in whole BTC increments. Initial resource induction will seed all 4 tiers at a ratio of 1:2:4:8 to maximize mining bonuses and speed the time when LTC purchases and dividends can be made.

Upon receipt of Pyramining payments the reinvestment and dividend take plan active at the time will be implemented within 48 hours.

The Pyramining top level account will be made public so that any participants or prospective participants can fully audit current and past performance as well as verify that the program is operating properly within the given charter.

REINVESTMENT AND DIVIDEND PLAN

90% of pyramining payments will be reinvested in the 4th tier as soon as the total is greater than 1 BTC 10% of pyramining payments will be redirected as a dividend take less 5% of the dividend take for administration fees, these will be paid within 48 hours of payment.

Non-voting planned adjustment to this structure immediately following the first pyramining payment received after 1 BTC has cascaded sequentially through each of the 4 tiers.

The new plan at this time will be 60% reinvestment into the 4th tier and a 40% dividend take less the 5% of dividend take for administration fees

All future amendments to this plan will require majority vote by the programs participants.

CURRENCY TRADING FOR PROFIT GENERATION

This program is not designed to reap gains through the currency trading between BTC and LTC and thusly will initiate the necessary trades at market value solely on the vircurex exchange unless that exchange chooses to cancel LTC BTC trading in which case another exchange will be voted upon by members

Trade announcements will not be announced in advance to protect the interest of program participants but will happen within 48 hours of pyraming payments or receipt of greater than 500 LTC of newly invested resources.

PROGRAM SOLVENCY

Pyra-Proxy LTC will remain viable so long as 3 environmental conditions are true. 1-Cryptostocks is active and allowing for continued operation; 2-Vircurex or some other web based secure exchange between LTC and BTC are viable with active trading; 3-Pyraming remains a viable mining operation.

In the event of a collapse of LTC or BTC and/or a failure of the conditions above, the administrators will attempt within reasonable power to proportionally disburse cryptocurrency units to the program participants as they become available with 0% reinvestment and 0% administration fee.
15  Alternate cryptocurrencies / Altcoin Discussion / [ANN] [DVC] PYRPXYDVC - Pyra-Proxy DVC Mining Fund on: October 13, 2012, 08:50:01 AM
New DVC mining program listed on https://cryptostocks.com/

Program Description:
The purpose of the Pyra-Proxy DVC project is to allow those parties interested in Pyramining and the health of DVC to pool their resources and create a conducive environment where they can enter and leave participation at will while still having the opportunity to participate in the pyramining model of mining.

Pyra-Proxy DVC will establish a permanent presence in the Pyramining ecosystem with appropriate reinvestment to maintain and marginally grow its stake while simultaneously providing maximum dividends to project constituents to keep the project viable.

INVESTMENT PLAN

Pyra-Proxy DVC will invest all resources into a 4 tiered Pyramining cluster to maximize reward and benefits from the Pyramining model. Investments will be added in whole BTC increments. Initial resource induction will seed all 4 tiers at a ratio of 1:2:4:8 to maximize mining bonuses and speed the time when DVC purchases and dividends can be made.

Upon receipt of Pyramining payments the reinvestment and dividend take plan active at the time will be implemented within 48 hours.

The Pyramining top level account will be made public so that any participants or prospective participants can fully audit current and past performance as well as verify that the program is operating properly within the given charter.

REINVESTMENT AND DIVIDEND PLAN

90% of pyramining payments will be reinvested in the 4th tier as soon as the total is greater than 1 BTC 10% of pyramining payments will be redirected as a dividend take less 5% of the dividend take for administration fees, these will be paid within 48 hours of payment.

Non-voting planned adjustment to this structure immidiately following the first pyramining payment received after 1 BTC has cascaded sequentially through each of the 4 tiers.

The new plan at this time will be 60% reinvestment into the 4th tier and a 40% dividend take less the 5% of dividend take for administration fees

All future amendments to this plan will require majority vote by the programs participants.

CURRENCY TRADING FOR PROFIT GENERATION

This program is not designed to reap gains through the currency trading between BTC and DVC and thusly will initiate the necessary trades at market value solely on the vircurex exchange unless that exchange chooses to cancel DVC BTC trading in which case another exchange will be voted upon by members.

Trade announcements will not be announced in advance to protect the interest of program participants but will happen within 48 hours of pyraming payments or receipt of greater than 500,000 DVC of newly invested resources.

PROGRAM SOLVENCY

Pyra-Proxy DVC will remain viable so long as 3 environmental conditions are true. 1-Cryptostocks is active and allowing for continued operation; 2-Vircurex or some other web based secure exchange between DVC and BTC are viable with active trading; 3-Pyraming remains a viable mining operation.

In the event of a collapse of DVC or BTC and/or a failure of the conditions above, the administrators will attempt within reasonable power to proportionally disburse cryptocurrency units to the program participants as they become available with 0% reinvestment and 0% administration fee.
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