That is 1) a counterfeiting case 2) not settled law 3) not a precedent in this matter 4) jury decided incorrectly (not all elements of the crimes alleged were presented in evidence) Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title or imprisoned not more than five years, or both. http://www.law.cornell.edu/uscode/text/18/486Making an original design coin that DOES NOT resemble any existing coin is a crime in the USA which carries the sentence of 5 years in prison and a fine (and historically, total seizure of assets). I am pretty sure its a crime everywhere else. This was already addressed in this thread, at length. Check page 4. |
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No GPUs in data centers? You should come to Hollywood, or see Pixar's renderwalls for some Data center GPU mania. http://www.youtube.com/watch?v=i-htxbHP34sAny animation or gaming studio of much stature has these gpu renderwalls. |
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I design and build or rather used to....
I dont want your bounty but will happily offer up my 2 pence worth.
Not a concept i would choose, cooling is more complex than that....
How many servers are we talking? what are the BTU Raiting etc.....
How will air "flow" work around the space, will each server get enough cooled air
Why not free cooling??? just high speed fans in a small space and extraction can be enough on small setups.
Its not as simple as your question makes it
I am not sure of the BTU rating, but I will need to dissipate upwards of 40,000 watts. Air flow would be a bit tricky. I was planning on an intake and exhaust fan to get rid of humidity. The summer here are brutally hot....can get up to 110 F. high speed fans don't really cut it in those conditions, at least they haven't the last couple years. Also an ex data center designer with .02 and will leave it up to another to write the best but here is a piece: Condensing coolers will remove humidity from the air. An evap cooler will add it, though typically used for more open air systems, you could do something novel with a combination, and being careful with the runoff and cleanliness. Have contacts at Leibert and Klein, et al, Trane is also good, if you want the full industrial engineering work done for your environment. |
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If partner is allowed, there will be ALOT of gay people if guess.
that i exactly the problem. no, don´t get me wrong: no problem with gay at all (  ), but they will be a lot of people pretending if they could save $ 1000 this way. it will get very swampy if we go in this direction. in addition , it would cut the budget 50% since we would have to plan everything for the double number of attendants. Is there no savings for shared accommodations, hostesses, transportation and such? Maybe a half rate or something, or whatever makes sense, but it may not be a 1 or 0 decision. Rumor has it, bitcoin is divisible. |
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holy shit so many people who are not in GZ say: i am in GZ ,please give me coins!  No worries, OP is doing this in person, this thread is just a count to ready his hot wallet. I am more surprised at the number of wallet addresses that have > 0 BTC being presented. |
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In the Netherlands, Bitcoin is classified no more than as "something with value". As a consequence, it's subject to capital and assets tax, which is based around the assumption of 4% capital gains per year, which is taxed at 30%. So you pay a flat 1.2% of any capital and assets you have over the threshold value (~20K for single people, ~40K for married couples / registered partnerships), regardless of whether you keep it as fiat in a 0% interest account or multiply your capital tenfold by holding bitcoins.
The tax amount due for 2013 is based on ones capital on the first of january of 2013, so the main Bitcoin-taxation won't come for another year, when the price on 1-1-2014 will determine how much you pay for 2014.
There may also be reasons to "mark to market". If one were on the board of an entity that received bitcoin donations and would like to stimulate the discussion among the board of what to do with it. |
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Interesting read: http://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/?smid=tw-NytimesKrugman&seid=auto&_r=1&Even more interesting though, are the comments of the readers. Am I the only one here that thinks that Krugman is paid to stand for fiat money? His arguments find me completely indifferent. I have had and am continuing to have a dialogue with smart technologists who are very high on BitCoin — but when I try to get them to explain to me why BitCoin is a reliable store of value, they always seem to come back with explanations about how it’s a terrific medium of exchange. Even if I buy this (which I don’t, entirely), it doesn’t solve my problem. And I haven’t been able to get my correspondents to recognize that these are different questions. Heh... probably talking to the wrong people (intentionally that is...).  He's also fundamentally missing it. A part of why it is a reliable store of value is connected to the value of it being a terrific medium of exchange. By carving out parts of his interlocutor's response categorically, shows that he hasn't taken a close enough look at it. It is reliable. It creates a public record of trade. Stored for posterity. By using it we enter into these records. It connects us to each other. It is fundamentally better in many important ways, even for governments, than what governments are getting from the central bankers. If that isn't valuable, what is? |
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Rpietila seems a reputable in his views. I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins. The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc. After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes. He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  Sounds like legit advice. I'd totally be down for some bitcoin tarding again, but I hodl because I'm trying to put myself in a good position to pay long term capital gains (best, reasonable, compliance case) without any possible complications and obligation by having any USD or BTC on foreign exchanges. Given the position I'm trying to get into for compliance, short term tarding would just be foolish. Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding. So true, on average, most lose by short term tarding. Its like poker in a casino. If you look around the table and can't figure out who is the patsy, you're the patsy. You have to know a lot, or be lucky, to be half decent. If you're a US citizen and you're trading with more than $10k, and haven't considered the implications of foreign exchange and tax implications of realizing profit, etc, good luck.
This is a tricky element, and was touched on earlier this year in an article on taxes and accounts in foreign jurisdictions: http://bitcoinmagazine.com/5481/real-compliance-getting-your-way-by-giving-in/Though the author may not have looked at everything as it was just before the FBAR deadline. http://www.fincen.gov/news_room/nr/pdf/20110717.pdfOne might further consider just where the bitcoins are? They are in the US as well as the blockchain is where they always are. Looking deeper at some of the FinCEN elements might suggest that it is the control of the asset, which with Bitcoin would be the credentials (private key) moving across jurisdictions. This is shown as absurd as it would then apply to anyone who's signature would be worth amounts over US$10K traveling abroad. The precedent for such a ruling would be thin gruel. This probably isn't the place for discussing it, other than whether or not US folks will sell/buy/hold based on such taxation consequences may be distorting the market. Probably not much. |
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MTGox 749
CoinMkt 734
CampBX 724
BitStamp 719
BTC-e 706
BTCChina 705
I wonder when more miners will be pointing their output to CoinMKT and CampBX for their cash? It seems there are more USD looking for coins than there are coins in these markets.
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keep on believing! more and more people are getting involved everyday. companies are investing in new hardware, software and more merchants are accepting it. It is already a much bigger ecosystem than what it was just a couple of years ago so imagine what another 10 years could bring. By then all 20 million bitcoins would be issued with no more supplies. Surely the number of people who will be using it, trading it will be a lot higher, not to mention inflation will mean the depreciation of fiat money against the value of BTC so surely it will be worth a lot more. I remember reading about the story of the shop that sold alpaca socks for BTC, it was a family business, where the son convinced his parents to accept BTC as payment. They must be laughing now, assuming they didn't sell all their BTCs too soon  How many years before it isn't too soon? It is sort of the point though. We all have less btc than we did, this is how distribution occurs.] and each become more valuable. Prisoner's dilemma write global. With no trade there is no value and no bitcoin. |
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For those willing to futz around with raw transactions, I have a simple centralized coinjoiner available here: https://www.wpsoftware.net/coinjoin/Basically, once you submit a transaction this opens a 15-minute window for others to submit a transaction. After the 15 minutes are up, the transactions are merged and everybody signs the merged transaction. Once all the signatures are received, the joiner submits the transaction. Thanks very much to my testers, in particular gmaxwell and midnightmagic, for their excellent suggestions and bug-finding. Brought forward |
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What is the date of this whitepaper? late 2008 I think. Oct 31 2008 Reformation day. |
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There is constitutional support from Article 1 Sec 10 No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility. States shall not make any law impairing the obligation of contracts. You are free to choose the means of exchange between individuals. |
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Some folks do giveaways and require accounts of a certain age to qualify.
So the account may have some value for this purpose aside from anything else.
I don't support the idea, or the notion of gaming the trust system, but I wish you well.
You must really be suffering to compromise yourself in such ways.
Ethics are more important than money, it is easy to make money if you lose it, but when you lose trust, it is so very hard to regain, and often impossible.
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Thank you for doing this.
谢谢你这样做
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There are those with many more missed opportunity than you. Keep up the good work, it is rewarding. |
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I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.
Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different? Hint: China. You mean that perfect pennant on the 1H or some other thing regarding your trip? Are you still there btw? Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying. I dont think one needs to read to far into what he said. The bitcoin market IS heavily manipulated and he who worships at the altar of Bitcoin TA worships a god on strings. Panic << TA << fundamentals |
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Doesn't look good:   Better? |
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Semantics, if it's costly it's valuable.
Wrong. Definitions. Higher cost, makes for less value. Which would you pay more for: a 1TH rig that costs 1000/year to run, or one that costs 2000/year to run? Running more expensive mining isn't what makes bitcoin valuable either. The incentive runs in the opposite direction. A valuable bitcoin gives reason to run expensive mining, but less costly is still always better. The earlier point is that the electricity costs are a part of the bitcoin cost, but that cost does not make bitcoin more valuable, it does the opposite, it makes it more costly. |
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