There is no central blacklist. There is no website that has a list. It would just be an option to avoid addresses you don't want to do business with. It's that simple.

If a retailer or an exchange chooses to blacklist an address, they lose business from that address. This isn't central control. It's voluntary.

You are trying to make the idea into big brother when it isn't. It's quite the opposite. I'll try to give you an example.

I'm suggesting everyone carry a gun to protect themselves and others from assault.

You are saying that I'm asking for a police force with authority that the average citizen doesn't have.

I'm only suggesting people police themselves. What is so scary about that?

Holliday, I think you should just give up. It seems some people can't even read what you're typing or have severe comprehension problems.

I actually just copied this bitcoin mining thread from the newbies section, since I couldn't post in the mining section earlier.  I haven't created any other threads since.  This swisher guy really likes following me around.  

Saying that I have contributed nothing of value is a different argument than saying that I have discredited bitcoin/mtgox, etc.  Try to refute the original post.

As far as value, I belive if I help people understand the problem with the network growth halving their profits every 18 days, they can make a better decision on buying dedicated miners.

Also, I have commented on how bitcoins are much better than fiat currency issued by central bankers that can be inflated at will.  That is the best part of bitcoin.  Plus real banking secrecy.

My experience with ATI cards is limited, I found Nvidia to be more stable. Obviously I'm going with ATI (Or AMD as it is now) for profit mining and my next upgrade, but those parts won't arrive until sometime next week. Until then all I have is the Nvida cards (3x9800gtx+SLI), so when I'm not playing games I'm letting it hash out.

On a related note, do you think a Bit Miner based on CUDA would boost the Hashrate of Nvidia cards? Or is AMD bitmining the only way?

so you read ALL his posts? jesus dude.. GET A LIFE.

You seem to not listen. I have already explained this umpteen times, but I will try again:

I have never discredited bitcoin.  I think it is a great investment.  I only discredit dedicated mining for now.
Mt. Gox has a simple incompatability with IE 8, which I explained.  Other than that, I have had no problem with Mt. Gox.
The client software, I have no idea about.

You decide! You blacklist the address! You! Good lord. Did I not say individual voluntary blacklisting enough times.

People can present their evidence, you can choose.

Yes, you can follow block explorer now. But you can't enter addresses in the client that you want to block. You would have to check the address after a transaction and return the coins. And then your address would be linked with that address, which is what I'm trying to avoid in the first place. I don't want my coins mixed up with Hilter's coins. Get it?

Plus browsing the block chain is tedious for a human when it could be simple for a machine.

I notice on here that people voicing non-majority opinions are now all 'trolls'

I don't get it. Big brother? Are you reading my posts man? What part of individual voluntary blacklisting don't you understand?

There is no holding of hands. There is no central authority. This is individuals being responsible for the money they use. Period. This agrees with everything Bitcoin in every way imaginable.

As I said, I would not blacklist the address that was involved with these 25,000 coins. But if someone was murdered for their Bitcoins, and we were able to positively link the address to the murderer, I would damn well choose not to accept those coins personally. You can accept them all day if you want. See how individual voluntary blacklisting would work?

you are talking nonsense, this is not a stealing case

Status: 0/unconfirmed
Date: 6/16/2011 22:19
To: 1GqkXSDGATi2Lof1ySewk1GPe2orcwAtYn
Debit: -1,500.00
Net amount: -1,500.00

That is one of the 2 orders I placed with MT GOX

Stating facts isn't the bullshit part.

The bullshit part is when you tell people "you won't ever break even" when YOU DON'T KNOW THAT.

Did you tell those people that by your same calculations, mining would be considered unproftaible in may? In april? In march?

Because all these calculations are the exact same calculations done for the last year, and these calculations say very little, because the people who do these calculations (you!) cannot predct the single important factor that actually matters: price.

All ROI calculations are bogus because all ROI calculations make assumptions about price. Any conclusion other than "I don't know what's going to happen, your guess is as good as mine. Just depends where you think the price will go." is bullshit.

my circuit breaker is rated at 25amps.
How many amps will it be safe? I heard someone say 25 amp breaker doesn't mean it will handle 25amps continuously, rather, it means it can handle up to 25amps of instantaneous surge in power usage.

Well, let's see, i'll send you the course for just $99.95. How about that?

Actually, all it takes is being a truth seeker, and not accepting anything as reality, unless it's been tested against some scientific method established for discerning the truth. The method of course is individualized. Some people are just more intuitive by nature and some are actually psychic. But most folks that are serious about researching conspiracies, start with something like the JFK assassination or the Illuminati, nowadays, since the advent of the internet, it's a lot easier to learn about almost any conspiracy. But conspiracies are no more than puzzles or mind games. They are fun for some, and others take them much more seriously. The funny thing is, that a conspiracy is defined as such:

con·spir·a·cy
   [kuhn-spir-uh-see] Show IPA
–noun, plural -cies.
1. the act of conspiring.
2. an evil, unlawful, treacherous, or surreptitious plan formulated in secret by two or more persons; plot.
3. a combination of persons for a secret, unlawful, or evil purpose: He joined the conspiracy to overthrow the government.

and so therefore, it's not very difficult criteria to meet to call something a conspiracy, yet when someone claims a conspiracy, they get called a "conspiracy theorist", which is itself a form of degradation to the truth seeker.

If you want to know one way to smell a conspiracy or detect one, is to see the situation from all sides, without bias one way or the other, and then to take into account all the known facts, and to see what the detractors are saying with an open mind.

In this case, the only facts we have are these.

1.) a person registered on this forum under the name AllinVain, which in itself, is highly suspicious considering what happened to him, supposedly.

2. That person claimed to have had 25,000 bitcoins stolen, the first theft of it's kind, and an amount highly unusual and suspect for anyone to have and keep unprotected, if we are to believe it.

3. 25,000 bitcoins were transferred from one account to another.

4. That person spent all their time afterwards on this forum extolling his losses and stupidity and thoughtlessness and crying about the flaws of security and the virtues of central banks.

That's all I know for sure. Everything else is suspect.

One thing I do know: this has made TradeHill look a whole lot better to me....Mt.Gox needed the competition anyway...

I have an idea.....

What if we offer AllinVain a bitcoin from everybody, if he is willing to reveal his identity to the world?

If someone loses $500,000 and does nothing to report it or disclose their true identity, then as far as i'm concerned, they don't exist and it never happened. Why should I believe otherwise?

All he is talking about is adding a feature to ignore any address the user chooses.  Man, with all the paranoia on this forum you'd think people here were beaten by the Stasi as children.

That is true.  In the end even if bitcoins go to $0, you will still have some hardware you can sell on ebay.  So it is better to say that if the price of bitcoins goes down, buying hardware has a greater return (less loss) than buying bitcoins themselves.  But if bitcoins go up, they are a better investment as long as the network growth is above 2.5% a day.

I think that people really overstate expenses and understate earnings potential when talking about mining not being profitable

They never take into account these things

#1 not everyone pays as much for power as they do. You pay .25 a kwh for electric, that sucks. A lot of US citizens pay .04 to .08c a kwh

#2 Money spent on equipment isn't "thrown out the window", but instead its a tangible asset that can be resold. Its resell value must be deducted from your initial cost analysis, and deducted from how much you have to make to "break even"

#3 They dont take into consideration "scale". Is buying one video card going to let you retire? No absolutely not. Will 1000? Yeah probably.

#4 They assume the bitcoin market is stagnant to inflationary, meaning the bitcoin will stay the same or go down. This is not a fact. Its not false, but its also not a fact. If u really know where the bitcoins going, then quit with bitcoins and work the stock market with your same magic, because you have a crystal ball the devil gave u when he was clearing out his garage. Wish i did.