|
So, did you end up buying them?
|
|
|
|
As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin. Easy, convenient, trustworthy, user friendly, social. Glad you like them ...  Haha, no. Inputs.io just got hacked and is now in debt of 4,100 bitcoins! I'm SO glad I'm paranoid with money and not even considered this garbage in my wildest dreams! Seriously, after mining and trading alts, it starts to get on my nerves to see accumulating more than 0.05 - 0.1 BTC at the exchange. Why the hell would I deposit in an online wallet for no purpose at all??? |
|
|
|
As far as ease of use is concerned, I think companies like Coinbase and inputs.io are doing an excellent job of making it simple and easy for people to create accounts and deposit money. This is the type of trust I'm talking about - easy to register, user friendly website, helpful in explaining bitcoin, etc. They are the future of Bitcoin. Easy, convenient, trustworthy, user friendly, social. Glad you like them ... |
|
|
|
fiatleak - watch the world's currencies flow into BTC in realtime
When one of the fiat currencies listed below is used to purchase BTC on any of the bitcoin markets (MT.GOX, BITSTAMP, BTCChina, Bit2c) a bitcoin is sent from the currency counter in red to the country on the map. The total BTC value is listed in green and plotted across the map.
http://fiatleak.com/
|
|
|
|
|
OP, your experience is very common.
I've found that mining(!!) ends up being the most straightforward, reliable, private and least-trust method of converting fiat into bitcoins. It is ridiculous, but it is so. I will continue to mine even when at 0-profit or at slight loss. On a side note and sorry for the offtopic, I fucking miss the point of purchasing mining hardware with bitcoins
|
|
|
|
It isn't the first time I read about a "people's satellite". The idea was promoted by hackers in Germany a few years ago And that "cold fusion" reactor is plausible, since it doesn't claim fusion of Hydrogen alone but Hydrogen-Cobalt iirc Edit: while we don't have our own satellite, I suggest http://hyperboria.net |
|
|
|
|
Is MTGox is problematic for withdrawing fiat or just for USD? That's because I may interested to sell BTC for € at their BTC "inflated prices"
|
|
|
|
|
LOL, they are gone already!
|
|
|
|
AT LAST someone pulls this off! I love primecoin for it's intrinsic utility on top of making some coins, but this is outstanding!
Now, what safeguards do you have to validate the folding work? What simple proof-of-work is there? What prevents someone from submitting garbage?
Great questions! Since the folding isn't actually integrated into the blockchain but is rather an independent reward system (therefore the network keeps its cryptographic security, and protein folding doesn't bloat the blockchain), the work validation is done by the work-providing network. To start off, we are only using Folding@Home, but as the project grows, the beauty of the separate GPU/CPU computation pool is that more can be created to allow work done for other awesome projects as well. The F@H project handles stopping submitted garbage, and has some downright awesome protection against exploits. Work provided by work servers is provided redundantly, so if one person submits junk it's easy to pick out the incorrect workunits, and points will, for them, not be rewarded.  Very nice, I'm convinced for the time being. I'm going to mine this, that's for sure. |
|
|
|
|
AT LAST someone pulls this off! I love primecoin for it's intrinsic utility on top of making some coins, but this is outstanding!
Now, what safeguards do you have to validate the folding work? What proof-of-work is there? What prevents someone from submitting garbage?
|
|
|
|
|
If you are going to buy CPUs, make sure they have AVX2 instructions and are overclock friendly like the i7-4770k
Google for benchmarks on Primecoin, Quark or Protoshares
Are you interested in CPU only or CPU + GPU?
|
|
|
|
I bought ~1.1 BTC using Multibanco some time ago, via https://btc.ptParasitic 8% fee though. |
|
|
|
LMAO at the thread hijacking. This is a thread to donate hardware to user pandemicWhy don't you beggars start YOUR OWN threads??  |
|
|
|
what is capable of 400Kh/s? i never mined scrypt junk
i have a 7970, 2gb 7850, 1gb 7850, two 7790's, 7770, 6990, and 2 or 3 5870's and 2 or 3 5830's
7970, 6990 and 5870 can |
|
|
|
|
Watching this card is a waste of time unless someone can show it beats an ATI 7950: 160€, 700 Kh/s, 150W
|
|
|
|
Mining kills laptops due to unsuitable cooling. When someone above is suggesting ATI 7950 videocards is due to this: https://litecoin.info/Mining_hardware_comparisonA laptop with integrated video, perhaps reaches 40 kH/s. A 7950 videocard reaches 700 kH/s and is actually appropriate due to ease of cooling, warranty terms, moderate price, etc... |
|
|
|
you can try the eobot exchange http://www.eobot.com/HowItWorks.aspxFrom what I've read in the FAQ, your funds are locked for 45 days to prevent paypal chargebacks. Read their terms carefully. Note that I have no way to know if the eobot exchange is a scam. Trade at your own risk |
|
|
|
|
I hope it was mostly hoarders that freaked out. If so, nice that it happened. More coins in circulation, vibrant economy, + people have access, higher fees for miners and so on
|
|
|
|
|
Show Posts
