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1681
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Economy / Economics / Re: Could BitCoin ever be backed by Gold?
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on: February 13, 2011, 07:26:25 AM
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Gold will be backed by bitcoins someday. Exactly! Let's think about a golden meteorite. What will happen?  Sorry to disappoint you, but something like a meteorite which mostly consists of gold, is very very unlikely to ever happen. LLOOOOLL yeah right I want a golden meteorite falling in my garden, and also a super good looking woman knocking at my door, requesting to be my slave. Like this will ever happen lol Well, the slave woman actually could happen. It would probably be a prank though. EDIT: Or, if bitcoin becomes #1 World Currency and you become filthy filthy filthy filthy rich, then this could happen for real  |
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1682
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Bitcoin / Bitcoin Discussion / Re: Ubuntu bitcoin packages
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on: February 13, 2011, 07:20:50 AM
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Just started Ubuntu on VM and still no bitcoin in repositories after 2 years of the project activity & dynamic development.
Is somebody working on officially pushing bitcoin to central/canonical Ubuntu repos ? This could significantly increase BTC popularity.
(The same with other distros)
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1685
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Economy / Economics / Re: Could BitCoin ever be backed by Gold?
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on: February 13, 2011, 07:03:49 AM
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Gold will be backed by bitcoins someday. Exactly! Let's think about a golden meteorite. What will happen? Sorry to disappoint you, but something like a meteorite which mostly consists of gold, is very very unlikely to ever happen. |
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1686
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Bitcoin / Mining support / Re: To those with multi-5970 setups: which mobo are you using?
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on: February 12, 2011, 09:51:10 PM
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Ok so I am assuming since this PSU is "certified" for only 2 5970s, that is why having 3 wouldn't work. I took one out and the 2 show up in poclbm now. Perhaps you should try powering one machine using 2 PSUs. However you need to connect the "ground" wire from each of the PSUs together first, as otherwise it won't work. There are easy schematics on the web about how to do that. EDIT: Oh, it seems there is even some vid on youtube explaining how to do that... http://www.youtube.com/watch?v=BviJjNYsIag |
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1688
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Bitcoin / Bitcoin Technical Support / Re: Bitcoin on Truecrypt encrypted Ubunut 10.04
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on: February 12, 2011, 07:05:11 PM
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Does anyone have experience or opinion with regard to running Bitcoin on a PC that's been encrypted with Truecrypt? The OS is Ubuntu 10.04 LTS.
I have been running bitcoin on my windows 7 64bit computer with full-disk encryption for a couple months now. No offence here, but you look pinguish. Shouldn't you be saying "I have been running bitcoin on my Slackware 64bit computer with full-disk encryption for a couple months now." ?  |
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1689
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Bitcoin / Mining support / Re: To those with multi-5970 setups: which mobo are you using?
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on: February 12, 2011, 07:02:28 PM
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I guess that if Bitcoin becomes more popular, then AMD GPU selling will skyrocket.
So, I tried the new PSU on the old mobo, same thing happens as before...no video signal. Tried the new mobo with new PSU and I now have 3x 5970s running, but poclbm is only seeing one card, I think. I reinstalled the video card drivers and now am reinstalling Steam SDK 2.3. CCC says every card except the one is disabled. Definately a weird shit. Probably one of the weirdest i have seen yet. |
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1690
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Bitcoin / Bitcoin Technical Support / Re: Bitcoin on Truecrypt encrypted Ubunut 10.04
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on: February 12, 2011, 05:47:20 PM
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Does anyone have experience or opinion with regard to running Bitcoin on a PC that's been encrypted with Truecrypt? The OS is Ubuntu 10.04 LTS.
What exactly do you mean ? Your question is quite unprecise. I just installed Bitcoin on 10.04 on a Virtual Machine with /home encrypted and yeah, it works fine. Also, i have been using a lot of apps with truecrypt hard drives on my More-Hardcore-Linux-Distribution(tm), and guess what: they all work. Even data recovery utilities work on TC drives exactly the same way as on normal drives. |
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1694
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Bitcoin / Development & Technical Discussion / Re: More divisibility required - move the decimal point
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on: February 12, 2011, 04:00:25 PM
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or possibly it might be better to just stick with the existing SI units and use mBTC (milli-bitcoin; 0.001 BTC) or μBTC (nano-bitcoin; 0.000001 BTC). This creates another problem. You have mili-btc, which is easy enough, but what about 0.0001 BTC and 0.00001 BTC ? Reminder that we already have a URI specification that defines a format for safely representing any BTC (or TBC) value in a human-readable way. 100 BTC is represented as 100X8 (for 8 places beyond the decimal point). It could just as well be used for 1X4 (for 0.0001 BTC) or even 1X0 (for a single base unit). You mean something like this but kind of - reversed ? 1 BTCX0 = 1 BTC
1 BTCX1 = 0.1 BTC
1 BTCX2 = 0.01 BTC
1 BTCX3 = 0.001 BTC
1 BTCX4 = 0.0001 BTC
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1695
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Bitcoin / Mining support / Re: To those with multi-5970 setups: which mobo are you using?
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on: February 12, 2011, 11:52:02 AM
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Did you try plugging into the onboard DVI connector?
No, but I don't think that would help. When my mobo posts, it makes a beep noise. If I put in both 5970s, there is no beep or video signal. So, I assume, that for some reason the two 5970s are causing some kind of crash to happen within the bios, or I just do not have a supported PSU. It is quite common that some motherboards are buggy and don't support certain PCI / PCIE setups. For example, my motherboard does not support my soundcard, when it is inserted in the first PCI slot. From what you have said I am 95% certain, that the mobo is at fault. |
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1696
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Economy / Computer hardware / Re: Newbie question re: my computer
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on: February 12, 2011, 08:33:31 AM
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You can shut down the cpu-miner completely, because it's not getting you anywhere.
If you seriously want to mine, you should invest heavily in AMD GPUs and GPUs only. Radeon 5870 is bare minimum for today to get any meaningful result in mining. But i would go for 5970.
Also, if you go 5970, you will probably need to buy new power supply because old one most likely won't be enough.
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1697
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Bitcoin / Bitcoin Discussion / Re: Bitcoin May Be Doomed
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on: February 12, 2011, 08:31:16 AM
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So - bitcoin could be doomed if everyone buys iPhones/iPads/iWhatevers - and Apple's built-into-hardware top-down-control becomes the defacto standard - but freedom is one hell of a driver. It's the killer-app, intel-inside. I don't think it will happen.
Agreed - not gonna happen. Hackers / security specialists, "true" geeks and people who know WTF they are doing, are never going to step in this controlled corporational shit. Even if >60% majority adopts it, still a lot of people will be using alternative solutions. And for iCrap, there is a cure - much more open Android. We do need to start getting into more decentralised (at the extrema, mesh) networking (and other vital-services) though - so we don't get a repeat of various corporations displaying (by Mussolini's definition) fascist behaviour by extra-judicially becoming enforcers for the whims of a state.
Definately. Internet should be a "black anonymous box" into which you send data, and from which you receive data, not knowing what is the identity of the client on the other side of the wire. Only then people can be truly free from government/corporational opression. |
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1699
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Bitcoin / Bitcoin Discussion / Re: Will bitcoin be the next Tulip Mania?
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on: February 12, 2011, 08:18:36 AM
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Maybe there is a bubble, maybe there isn't a bubble. The best way to prevent a bubble is to use your own judgment and not listen to everyone else.
There is always some bubble, smaller or bigger. Bubbles lies in the nature of speculation. But i guess that it is normal and one trading bitcoin just needs to take the risk into account. |
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1700
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Bitcoin / Bitcoin Discussion / Re: MtGox account compromised
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on: February 11, 2011, 09:15:31 PM
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FYI, i would NEVER EVER put something like this in URL, because just from the looks of it it's scary as hell.
FYI-2 i know "something" about security, but i have no need to explain myself to you.
so, why are you coming back, and edit your posts if you don't care ? You are putting things on my keyboard that i din't write. I never said that i don't care HERE. Perhaps i didn't care in some other thread. PS. SERIOUSLY dude. What is your problem ? Just to remind you - it was you who started insulting me. We could have a polite conversation but no - you like shitfight better. |
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