Bitcoin Forum
May 22, 2024, 11:40:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 »
1081  Economy / Speculation / Re: URGENT: PBOC (CHINA) OFFICIALS Say "WALK AWAY FROM BITCOIN" on: April 01, 2014, 01:28:39 AM
Every one of his threads turn to his girlfriend somehow.

I think perhaps we should just share her, lets make her the forums girl, she'd like that  Tongue
1082  Economy / Speculation / Re: My wife on: April 01, 2014, 01:19:09 AM
I have the opposite problem.  Bitchick is an uber-bull. 

Of course, you all know that already.

Yeh, you should listen to her.  Wink

Mine's like ,
bitcoins down - sell it quick
or
bitcoins up - cash it in so we can buy x

then i remind her it was MY inheritance and she walks off quietly.  Grin
1083  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is becoming obsolete. on: April 01, 2014, 01:05:23 AM
I would like to see zerocoin implemented, makes sense with whats going on in the US.
1084  Bitcoin / Bitcoin Discussion / Re: Wallet.dat missing? on: April 01, 2014, 12:56:07 AM
search all your drives for wallet.dat !

maybe you had assigned the data directory to a different location on your previous install.

Mine is on a different Drive than C:
1085  Economy / Economics / Re: Bitcoin going down forever? on: March 31, 2014, 10:53:08 AM
Always is good buying cheap n selling high. This is good opportynity to do just that BTC is going down slowly.

This is a great opp, I always find it difficult to pick the bottom and loose out on some margin,

however at these prices if I miss it by $50 I shall still be happy.  Cool
1086  Economy / Economics / Re: Why don't we see US$ hyperinflation? on: March 31, 2014, 10:40:34 AM
us debt isn't that massive and australians don't know shit about money

Almost anybody surfing these forums is familiar with Austrian economic school views and the drill that goes along following lines:

- massive US debt
- even bigger unfunded liabilites
- massive FED printing of money
- mismanagement, debasing of currency has led (across space and time) to one thing and one thing only which is hyperinflation

Sitload of books predict the financial doomsday - some of them now almost a decade old.

So how come US and it's counterfeited dollar are still afloat? Why isn't it happening?



I guess your point still stands thou  Roll Eyes
1087  Economy / Economics / Re: Bitcoin going down forever? on: March 31, 2014, 10:37:01 AM
Are we seeing all those get rich quick kids running for the exit ?

All those who thought them money making machines would bring in a quick buck ?

Those who borrowed to jump on the train and have to pay back the $$'s ?


Where better off without them.

Hodl on !
1088  Economy / Speculation / Re: Blood Moons – BTC Price: It’s not China, Mt. Gox, or anything else in the news. on: March 31, 2014, 09:19:05 AM
A long long time ago :  

Hey look the moon is red, lets cover our doors in blood and celebrate.

6 months later : Hey the moons red again, lets party..

6 months later : Hey remember last year when the moon was red and we celebrated, let do it again this year.


2000 years later : hey these red moons always happen on these religious festivals, how weird is that.. must be a sign  Wink
1089  Economy / Speculation / Re: Blood Moons – BTC Price: It’s not China, Mt. Gox, or anything else in the news. on: March 31, 2014, 08:51:44 AM
Really interesting stuff.   Wink

http://www.wnd.com/2014/02/blood-moons-fallout-nasa-goes-hiding/

Its just a shame that after reading all the way through it you find out the artical is just tryin to sell you a book. Roll Eyes

HODL  Cool
1090  Bitcoin / Bitcoin Discussion / Re: bitcoin is like moonshine of the 21st century.tax wise. on: March 29, 2014, 10:21:17 AM
I think its a great association, miners and moonshine,
this could be the only way to make the Monarch break even, when/if it gets delivered


I           I
I  Grog   I
I           I---------------------------------------------------------------
--------------------Monarch-------------Water Cooling------- Whiskey--
1091  Bitcoin / Mining support / Re: bfgminer stratum proxy on: March 29, 2014, 10:06:37 AM
I have both of my Antminer S1s proxying through bfgminer.  It works for me with the 02072014 firmware, once I figured out (thanks to this thread) to use --stratum-port instead of --http-port.

bfgminer.exe --stratum-port 8330 -o us2.eclipsemc.com:3333 -u myusername -p mypass

...is my cmdline, with just the IP:port (no protocol specifier) set in the Antminers' miner configs

Its always the little details some of us miss..   Cheesy
1092  Economy / Speculation / Re: Who sold below $550? The $400 bottom is in LOL!!!! on: March 28, 2014, 12:30:35 PM
been waitin 3 days for my tx to coinjar, what an a$$,  keep testing that bottom please !
1093  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 0.893 BTC for 180GH/s on: March 28, 2014, 09:14:37 AM
Ok to make this clear:
This whole crover is nothing else than just "i want to be like..."
He created third party ticket system which has nothing to do with bitmain.

Just for clarity, is this

CroverNo   or
CroverNo01

Are they the same ?

Why the two logins ?

Am not into ur fight but I find the above somewhat suspicious..

I have purchased from BitMain without any problems and see no need for third party involvement,

The only thing perhaps that is needed is a bit of patients and less paranoia from the purchases..
1094  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 27, 2014, 01:00:17 PM
For extra fun, lets say

A block was mined from the US pool,
whilst I was visiting England,
and my pool was pointed to Mtgox in Japan,
but my miners where in Australia.

For tax purpose where did I receive my property, who do I pay the tax too ?

Nexus will reside in the last place the coins landed.

My $.02.

Wink
Quote
A-8:
 
Yes, when a taxpayer successfully “mines” virtual currency, the fair market value
of the virtual currency as of the date of receipt is includible in gross income.
When and where was it received ? The pool is in the US but virtually its outside US Territory, I received no real property until it hits a bank.  

My tax form goes something like

Have you received property in (origin country),   - no
Have you received property overseas,  - no

There is not a question :-

Have you received property in a virtual location ?

Just out of curiosity, do you have a short cut for your

My $0.02.

Wink

or do you type it each time ?

I do appreciate your $0.02. most of the time thou.  Grin
1095  Other / CPU/GPU Bitcoin mining hardware / Re: Advice building Antminer S1 Farm on: March 27, 2014, 11:20:08 AM
How did u turn down the coolig fan from the dell 750 watt psu ? Im running few of those and they are a bit loud
Depends on the model but this may help
I'm using server PSU's. Dell 1570W one's. They power 3 ants... (2 oc'ed and 1 normal freq).... Can get them to work all 3 oc'ed... But it will take me some time... As the PSU has 5 Output pins which have a max of 312W per pin. I would need to connect the 5 pins in order to get the full 1570W out of it..without worrying that I will ruin my PSU. (Happened to some 930W one's I had...I wasn't aware that they had a max W on the output pins).

I didn't think to use Server PSU's. Yes, the price per watt is remarkably cheaper than your typical desktop PSU. Looking at pictures, I can't tell how you would be able to use this. Is there a breakout cable that attaches to the only port I can see?

On this forum you'll find loads of different PSU conversions.... Just one example of many:
http://www.rcgroups.com/forums/showthread.php?t=1750411

You'll need to jumper a few pins together... but it's really REALLY easy.
Then you can opt for another jumper (of 2 pins) and that will lower the fan speed.

The PSU I have....it sounds like a boeing 747 on the runway... so that jumper saves me a load of headache!
Installing a couple of 1k resistors will reduce fan speed depending on load.

see http://www.raptortechnique.com/12vpower.htm

I thought thiers was a little messy thou, so I made up some resistor banks that just plug on.



1096  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 27, 2014, 11:06:54 AM
For extra fun, lets say

A block was mined from the US pool,
whilst I was visiting England,
and my pool was pointed to Mtgox in Japan,
but my miners where in Australia.

For tax purpose where did I receive my property, who do I pay the tax too ?
1097  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 27, 2014, 10:47:53 AM
Thanks bbeagle for your reply it is appreciated and probably correct. Am just throwing out thoughts.

Am not actually a US citizen but you can bet this will be exported to the rest of the Anglo-american empire real soon.

So just for fun.

Lets say others adopt this.

Am a UK citizen living in Australia.

I transferred money from a UK bank to MtGox Japan and purchased BTC.

I purchased Mining gear with the BTC in the US for delivery in AUS.

I used the gear to mine BTC on a US Pool and purchased more miners with that from China in BTC, Miners in Aus.

They mined coins on a US Pool, that I exchanged in Aus to my Aus bank Account.

My overall position is probably negative (loss) for the year.

Assuming each country adopts a similar policy, I have a bit of a headache.


 Grin

1098  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 27, 2014, 10:16:14 AM
If you mined a coin at $1200 then you technically received property worth $1200 that is now worth $600.

When can you realize the loss?

This is hurting my head.

If your in a foreign country and using a US pool, are you liable for earning on property in the US?

Surely this is virtual property and a virtual problem.

If you use a off shore pool and exchange, then your property is outside US until you exchange that foreign currency for US dollars is it not ?

OK, you have overseas property gains by US terminology but in that country it may be a virtual property.
1099  Bitcoin / Legal / Re: Bitcoin Is Property Not Currency on: March 27, 2014, 09:23:09 AM
 Cheesy Can you guys base those earnings on MtGox rates, $122 wasn't it when last traded.

Or do you have to base it on the price of an US Exchange  Wink

Now what if there was only one US Exchange and it was like a fraction of the real price (no buy orders obviously).

Are those coins Earned oversea's ? or in the clouds ?

So much to go wrong here.. Shocked
1100  Alternate cryptocurrencies / Mining (Altcoins) / Re: new to mining on: March 27, 2014, 04:58:25 AM
So I have around 2000 USD$ and I want to create a fully functional mining rig I'm pretty sure if I have someone else build it it'll cost more so I'm going to buy parts but i'm really strict about the 2000$ limit I want to do a sha-256 algorithm

suggestions
A)buy a shitty laptop and buy a butterfly labs to connect so i'll save a few bucks
or
B)buy a case motherboard-graphic card-ram(which i have 2gb laying around somewhere)-cpu- and probably just make the 2k$ limit
or
C)is there a 3rd option?

if its option (B) could someone guide me in creating a rig?

A = research butterfly labs, do not buy from them, you may as well toss that money in the bin.

B = Not worth it for Bitcoin, speak to others about altcoins, some claim its still profitable I believe.

C = Just buy some Antminers from bitmain, it is debatable if they will break even now but they hold the best chance. you can get 3 x 180GH/s and still have some change.
Pages: « 1 ... 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 [55] 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!