We're breaking the 2011 high today, mark my words...
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Congratulations to ASICMINER! And thank you for your very significant contribution towards making the Bitcoin network more secure.
Unfortunately, the large consolidation of hashpower under a single administrative entity creates peril, not security. Doubly so with the hashpower assigned to one of the largest mining pools. The consequence is that there are fewer operations which must be seized, coerced, or hacked in order to undermine the operation of the network. Congratulations are in order, indeed— but its regrettable that more hasn't been done to mitigate the risk to the Bitcoin ecosystem (getting devices sold ASAP, splitting operations to reduce the incentives to capture it, mining solo, p2pool, or on smaller pools) yet. I hope more independent parties come online before continued consolidation (rightfully) undermines confidence in Bitcoin technology. It won't be long...
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Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?
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netlookup.se is paying out again.
It's only giving out a single satoshi... Ya, one wonders if they will keep doing this... who is going to bother going to that site to get that amount? More and more of these free sites are becoming more reluctant to payout even the smallest fractions of a penny it seems. Bitcoin-services.co.uk: "This site has been temporarily disabled, please try again later." Bitcrate is still empty after more than a week since it tweeted: "Alright, I know you're feeling neglected. I promise that we'll be back very soon." Bitcoins.so seems to follow a similar "coming soon" strategy to keep people coming back... expose them to all those ads without having to give anything away... MinecraftCC is still paying out daily!
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Thanks. Too bad, I should have screenshotted it when I had the chance...!
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You lost me even more. Same... it's like modern art. "You can see the face contorted by the context of a humanistic view of reality, right?"
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Wow, they ripped him hard. Sounds like he deserved it. NYT had an agenda, perhaps?
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They might jump into the game down the road, when Bitcoins are worth $1,000 or $10,000/ea, but Intel and NVIDIA would be just as likely.
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BUMP!
Willing to pay more for pristine specimens. I am looking for 4 total.
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Big difference, eh? That's a lot of divergence! You can talk about higher USD volume when there is a higher price, but this just means lower BTC volume, which is the base asset. You wouldn't look at an APPL chart and compare the USD volume of 2000 and now because of course the volume would be much higher. You look at the number of shares moving.
As someone has pointed out, there are other places moving large amounts of bitcoin which we can't see on Gox's volume, or anywhere for that matter. Also, more people using Bitcoin entirely within the Bitcoin economy won't show up on Gox's volume either. Finally, APPL. See that little hump around 1988? Yeah, that was the 2011 Bitcoin "bubble". Also, why is that chart so weird? The first 5 years is much larger than the other 5 year increments.
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Nicely done Rassah! Ignore the naysayers - they're just jealous they didn't do the same.
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Yes, there is USD inflation, but it is still lower than the BTC inflation (I speak of inflation of the monetary base).
Not true. USD inflation is $85B or 3% per month. The future is determined by the. FOMC. While BTC inflation is 1% per month and dropping. Yes, this is monetary inflation. Look up QE4. M1 though... but good point.
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I have thought about that, but I'll wait for better bitcoin price. And I have changed my mind for 911 version. I'll have to wait a long time due to: https://bitcointalk.org/index.php?topic=125394.0Why did you take Cayman, is it price or what? I'm going to take test drive next week Cayman and 911, but I Have read that 911 is stronger and Cayman is easier to drive with? Cayman advantage is that you have an excuse not to take mother-in-law because of lack of backseat. I'm fairly certain my mother-in-law would never want to ride with me again after taking a ride in a Cayman with me.
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I am sorry but Micon was wrong from the start, but the CES event was epic.
BFL FTW cha-ching
Our group expects to be mining by the end of the month at the very least. Just hoping bumping is going well.
Will book 20 more coins that you are not mining BFL ASIC chips running at 350+ Mhash/Joule by the end of the month. If anyone is interested we can get some C's tool escrow codes. Too close to call in my book... I'm out!
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So why the low miles? Why didn't you drive it more?
First off, it's not actually mine, it's my father's. He listed it recently on Craiglist, along with the Harley, and asked me to list them both on the bitcoin forums for him. He's really excited about the prospect of selling for BTC and I hope someone here picks them up. Back to your question. My Father is notorious for buying nice cars and never driving them. I'm guessing he's scared to get any scratches on the vehicle and just enjoys looking at the car and calling it his own... He lives in downtown Austin so he doesn't need to drive around much anyways. I tease him because he's basically keeping his vehicles in great shape so the next buyer can get a good deal on a barely used sports car. Yeah, seems like it! I appreciate that he's willing to sell for BTC, even if I can't buy it myself.
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So why the low miles? Why didn't you drive it more?
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It seems as though packaging these smaller inputs with larger inputs allows them to be sent fee-free. If you ever want to consolidate a small amount at a single address, send a larger amount to that address, then send them both back to the address you wanted to consolidate the small amount at. Use the larger amount as a vehicle to transport the smaller amount, for free. That's right. A transaction is free so long as it's less than 10,000 bytes and the average (input age) times (input size) is more than about 0.6 bitcoin days. (The code tries to make the threshold 1 bitcoin-day, but allows 250 bytes per input, whereas since most public keys these days are compressed they only take up 148 bytes each in a transaction, causing transactions to be roughly 60% of the size the code expects). So if you're trying to consolidate 66 single satoshis (the most you can fit into a 10k transaction), you'll need to bring an input with 67*0.6 =40.2 bitcoin days along with it (since the individual satoshis contribute effectively nothing to the transaction's priority no matter how old they are, being so small). That can be a 1 day old 40.2 BTC input, or a 1 hour old 1000 BTC input, or any other combination which gives at least 40.2 bitcoin days. The transaction you linked to included a 13 BTC input that was over a month old, so it alone contributed more than enough bitcoin days for the whole transaction. Thanks. That was the best explanation of the logic behind fees that I've heard yet. So if I try to send a 0-day-old Satoshi by itself, the current rules dictate it would take 456,621 years to finally be confirmed!
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Man, a year ago, that same car would have been listed for ~9000 BTC... at this rate, I'll be able to buy myself a Cayman in 3 years!
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