Litecoin is interesting because its mining mechanism is designed to be CPU-friendly, so you have less of an advantage from mining it with specialized hardware.
That advantage has been proven to be false, after the GPU miner was released, it was found that GPU's were much faster at mining LTC. If you ask me, that was the biggest advantage for Litecoin. The secondary advantages are that confirmations occur 4 times faster (one every 2.5 minutes or 150s) and that the limit of maximum coins is also 4 times higher. This will be important once bitcoin hits mainstream, but that's atleast 5 years away, plenty of more useful currencies could come out by then. Either way, it's crashing right now, so I'm buying in on the way down. In it for the long haul  |
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Interesting, but you must admit, it is a little weird to announce a new technology when you sill haven't filled a single MiniRig order yet. Props for the buy-back/trade-in option tho  |
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[...]
Likely all that made about no sense
Thanks for the in-depth reply. It made a lot of sense actually, exactly what I'm looking for  PHP + MySQL, Python, HTML + CSS, Javascript + jQuery.
/thread
Any one in particular you'd recommend looking at first? So OP are you going to make a decision here or are you just trying to start some sort of webdev technology free-for-all?
The latter helps me with the former, so both!  |
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The crux of my situation is this: I first heard about BitCoin about a year ago. After deliberating about the best way to "get in on the action" I invested a few grand into mining hardware and started mining. Since then I've had about a half-dozen BitCoin related ideas that I would've undertaken if I'd had the right programming skills. I feel that running a mining rig is no longer enough, and I'd like to get more involved, because you can only check this forum and the exchanges so often before you get bored. Now that I have some free time, I'd like to learn how to bring my ideas to fruition. I'm starting with C++ because I'd like a solid foundation, and seeing as how in-depth it is, I'd like to start on it as soon as possible. I also know I'll be looking at developing back-end applications eventually. I'm interested in BitCoin because it addresses so many of my frustrations revolving around fiat currency, and I know it's going to be a long term interest for me, so I'm prepared to put in the effort. Making BitCoin related websites is the first thing I'd like to wrap my head around. The second would be integrating BitCoin with mobile devices, as I feel that is where BitCoin is eventually headed. If this video is any indication, it'll be at least 5 years before BitCoin becomes mainstream, IF it becomes mainstream. I would like to be in good position by then to help meet the needs of the Crypto-Currency economy. |
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TizzyTazzy: We're better than we sound  |
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I'm looking to replace my dying HTC Desire with something similar: -Must have 480x800 resolution -Preferably 1 Ghz CPU or better -Must run Android 2.2 or Higher - GSM 1900Looking to spend around 25 BTC. PM me and let me know what you have |
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You'd have better luck investing in Zimbabwe dollars   |
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"Other host don't think it be like it is, but we do" --Oscar Gamble
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Arrived this morning, Classy as Hell and Cool as F*^k If I had pets they'd all be wearing one! |
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Spend $2k on Mining Hardware (sounds like you wanna play anyway)
Spend $2k on coins
Spend $1k on Bitcoin investments (setting up a site... buying bitcoin related shares etc...)
Diversification. The lowest risk, and the highest potential upside. Mining will return you consistent income on your spending, but will by no means make you rich.
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of course, i think 1 year is short sighted. afterall, the hardware isn't ALL going to melt down into piles of goo in exactly 12 months.
I've talked to a CA and am working on a even more flawed 2 year projection that accounts for capital gains, net losses, and hardware depreciation write offs. This WILL require an estimate of BTC value in 2 years, but will be used as a user input, so you can guess at whatever value you think is best. So many negative trolls, so few tangible solutions |
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This Certificate is not form a trusted authority. Anyone else getting this? It pops up on every other computer I try to access the site from. |
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Map pm'd to you! thanks!
Awww no fair, you have to post pics here too |
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Lowering the price to .3 BTC
OP still says 0.4 BTC, just thought I'd say. |
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Thanks for the replies guys. Looks like I may be able to at least try some stuff with C++ first. Was hoping a few more devs would reply with regards to good web based languages to learn, but I guess they're busy working on stuff |
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Also, this board will initially try to rip apart your idea. This is a good thing. However, it can be a little discouraging and sometimes people just want to be jerks and shoot down your idea. I have proposed ideas on this forum I thought were great, and got terrible responses. My most recent concept was ripped. Heh heh
You're not kidding. Talk about a reality check, they people here can point out some important flaws, and will probably save you a lot of time in the long run, but some of them can be really mean too. |
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If only I had a reliable solution of input/output i.e. how you deliver in game assets to the customers and how they deliver in game assets to you!
The BTC auction house would act as a middle man/arbiter and meeting place for sellers/buyers. Someone lists an item, funds are sent by the buyer and held by the house, once the item is confirmed as delivered in game by the buyer, funds are released to the seller. Maybe have sellers video cap the in game transaction? A rep system based on number of items and value sold/bought will help keep things honest, but isn't 100% guaranteed. Give me the above solution (or idea) and I am on board for this project, otherwise seems like a waste of time.
I wouldn't suggest undertaking something like this as a means of income or guaranteed profit. If you aren't into this out of curiosity alone, then this is far too risky in terms of time wasted. Users don't want to go out and purchase some weird currency prone to theft, and install potential malware on their system, just so they can pay a stranger over the internet for items that may never be sent.
It does sound grim when you put it that way. I think 15% is ludicrous actually... Blizzard is being ridiculously greedy. But they'll get away with it because they know how desperately users want to be able to buy and sell items to other users, and they know users will pay it.
If you think about it, the goods you are selling are nothing but digital items spawned according to their rules in their game. It's genius how they turn their customers into cash farmers. |
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