Latest posts of: d3wo

Show Posts
Pages: « 1 2 3 [4]

Other / Beginners & Help / Re: Someone put a serious compute power into the network!

on: June 16, 2011, 06:54:31 AM

Quote from: Auspician on June 16, 2011, 05:29:42 AM What pie graph? There is no 'other' category in the graphs you linked. Either you are misreading the graphs, provided the wrong link, or I'm missing something here. I appologize, my mistake, this are the correct one. http://www.bitcoinwatch.com/

Other / Beginners & Help / Re: Someone put a serious compute power into the network!

on: June 16, 2011, 05:26:23 AM

Quote from: EyeRis on June 16, 2011, 03:05:33 AM These are not mining rigs. This is the sheer mass amount of people joining the network due to publicity. you would be surprised how many people took up mining when that website dealing drugs for bitcoins got known by places like gizmodo I diss-agree with you on this one, huge amount of people cannot do this kind of compute power. As you can see on the links i post above, there is "other" in pie graph. I don't think these amount of compute power comes from standard people, if "standard" people start mining, they will put their compute power into pools, so the pools graph will get bigger. While in those graphs, the "other" pie goes huge ! So there are organization put their mining rigs to start Solo mining.

Other / Beginners & Help / Someone put a serious compute power into the network!

on: June 16, 2011, 02:48:33 AM

look at these graph http://www.bitcoinwatch.com/ Just a few days... the Network jumped from 7Thash to 12Thash this is not funny, it make my mine result become half, raising blocks/hour rate, raising difficulty speed/days rate, oh noesss.... I hope these phenomenal can make btc price raising...

Other / Beginners & Help / Re: Whitelist Requests (Want out of here?)

on: June 15, 2011, 11:26:05 AM

requesting permit want to go out.

Economy / Economics / Re: Did gold ever drop to worthless?

on: June 11, 2011, 08:05:02 PM

In my personal oppinion, because a lots of people using gold as somewhat "based for trading". A preasure from technology site can change people as well. International space station, long space exploration etc. that can result in finding another stuff more effective than "gold" ? Or antimatter research like giant atom smasher... that can result in convert things by atom bases or unknown result ? A "based for trading" won't always keep up with future technology... , can't keep up with human population... it will changed... but it needs process and or replacement... And i hope it won't results in another WW, while bitcoins is somewhat based on electricity... and technology ? so a country with more electricity and advance in technology will have more power ? that is why i don't know about the future of gold... personally I'm scared using gold "as a place to run off" for all my fortune. What if some CERN scientist saying that... "We can create gold" ? Well that is my personall opinion

Bitcoin / Pools / Re: SOLVED [Bitcoins.lc] Issue with invalid shares (10 BTC bounty)

on: June 11, 2011, 08:14:52 AM

another server attack ?

Bitcoin / Bitcoin Discussion / Currency Backed up by Tones of DEBT, Factcheck!

on: June 09, 2011, 02:48:24 AM

Raising more and more tax is "they" would do ? A new kick-ass trading system will do just fine by me.

Bitcoin / Bitcoin Discussion / Re: Write a Congressperson! (My letter to Ron Paul)

on: June 09, 2011, 02:06:03 AM

Quote from: cloud9 on June 06, 2011, 08:51:42 PM Quote from: creighto on June 06, 2011, 08:38:23 PM No, because there is no way to hide the connections between Sam and John from Paypal, and by proxy the government overseers. Sam and John are both known persons to Paypal, whereas Sam and John are just long numbers to the Bitcoin blockchain. How is there a connection between Sam and John on paypal? If Sam paid socks - and it's proxy delivered to John how does paypal know about the connection between Sam and John? If John pays for a Skype number's credit and hand the password to Silk Road and Silk Road delivers drugs to Sam, how does paypal know about the connection between Silk Road and Sam? Isn't the problem with laundering Bitcoins, and not with Bitcoins? Hey dude... it's new stuff, new rules

Bitcoin / Bitcoin Discussion / Re: So my Bitcoin is a currency? With what do you back the currency bitcoin.org ?

on: June 09, 2011, 01:42:20 AM

Quote from: cloud9 on June 09, 2011, 12:42:44 AM Quote from: lonestranger on June 09, 2011, 12:18:34 AM Aristotle defined the characteristics of a good form of money: 1.) It must be durable. Money must stand the test of time and the elements. It must not fade, corrode, or change through time. 2.) It must be portable. Money must hold a high amount of 'worth' relative to its weight and size. 3.) It must be divisible. Money should be relatively easy to separate and re-combine without affecting its fundamental characteristics. An extension of this idea is that the item should be 'fungible'. Dictionary.com describes fungible as: "(esp. of goods) being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind." 4.) It must have intrinsic value. This value of money should be independent of any other object and contained in the money itself. Does bitcoin pass the test? So it can be used as a medium of exchange in barter transactions like silvery disks (money) is used in barter transactions. But does it make it a currency that is redeemable, is backed and will be accepted by issuer? No. It's an asset as Australian Tax Office will view it - used in barter transactions - a good old digital good / commodity used in barter transactions. It is misleading to call it a currency. It can be used like money (metal disks) as a medium of exchange. But it is not a bill with a signature on it together with a promise. Unless its a non-redeemable currency not backed by any promise by any issuer and just by your own definition - you can however not force the currency definition on anybody. Some would prefer crypto-commodity. It is new system of trading with new type of value that behave like currency dude. Old days doesn't have thing like world wide web, so things that behave like currency have to be backed up, because old days rules ? Is that what you thinking ? I don't understand how can you think that a new stuff that behaves and or can be used like currency has to be in/or a medium ? based on what dude ? Do you read these kind of stuff you say by old days books that written by old rules ? and can't accept new things ? C'mon dude. It is a new trading system that is on progress to reach maturity.

Pages: « 1 2 3 [4]