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83
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Bitcoin / Mining / Re: Anybody else getting slaughtered by this latest difficulty?
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on: June 27, 2011, 09:47:02 AM
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And when the price crashes, people like me will buy the crap out of BTC while it's low. I can' only pray for another major crash because I'll finally have the funds to take advantage of it.
Anyways, I was getting like .40 BTC a day and now I'm getting like .25.
People should quit worrying. I can predict the future and it tells me that the value of BTC will skyrocket. I'm only speculating in order to make short term profits but more than half of my BTC are staying in a secure place as I wait for this event to fully unfold. People should really ignore the value and difficulty for now and just consider it an investment. Why were people mining from 2009 to March of this year when the BTC was only worth pennies? Just wait. When what I say comes true, I'll be on easy street before the feds have a chance to jump on this and cause any disruptions.
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84
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Other / Obsolete (selling) / Re: Freelance programming
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on: June 22, 2011, 05:26:45 AM
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ios, android, GP systems, and most importantly the Pandora. Maybe even mobile gaming systems as well.
The tech demo I want to work on will be a simplified version of the battle system for an RPG I want to work on. So, it will consist of only being in a battle and fighting in that battle to show off what the battle system in the game will be like since that will be the key element of the game. I'd like to find someone to help me with some concept art as well so I can put it in the tech demo with a summary of the story.
If I have a tech demo to show off, I might be able to find some people to work on the project for free or for a very low price.
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85
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Other / Obsolete (buying) / Allegro / SDL game programmers & game artists
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on: June 22, 2011, 02:36:40 AM
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Sometime in the near future, I might be looking into paying some programmers and artists for their time in contributing to some game projects I want to work on. It probably won't be soon but I want to get a feel for what's out there in the btc community so I know who to talk to in the future. If you're out there, send me some items from your portfolio and your rates. I'm looking for small time people who aren't looking for big bucks. I'm a very poor person but I've got a decent mining rig and I think I'll do well at trading BTC. Thanks.
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86
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Other / Obsolete (selling) / Re: Freelance programming
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on: June 22, 2011, 02:26:45 AM
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I just looked that up. It seems interesting but many of the devices I'd like to port my games to might not support this library. I might be looking for a programmer to help me with a tech demo for a game project I'll eventually be working on. I'll keep you in mind.
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94
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Bitcoin / Bitcoin Technical Support / Help figuring out how to set up 2 video cards
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on: June 20, 2011, 10:19:06 PM
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I've had a 6850 in my system before I learned of bitcoin. My new 6870 just came in.
I'm using GUIminer and it only recognizes both cards if they are crossfired. However, when I try to mine this way, it only gets about 230MH/s which is only 20 more than my 6850 alone got.
If I disable crossfire or take off the crossfire connector, GUIminer doesn't recognize the second card at all. What do I do? I feel like I should be getting well over 400MH/s now. Please help.
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96
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Economy / Economics / Re: How we could "back" bitcoins with something of value
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on: June 19, 2011, 10:03:37 PM
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Bitcoins could be "backed" by someone voluntarily. I could, for example, say that no matter what happens, I'll always offer at least at least 5lbs of coal per BTC.
Something that isn't being manipulated by a central authority has no need for a backing. But it "could" be backed without any government or central bank so long as the volunteer follows through with his promise.
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98
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Bitcoin / Mining / Re: Dont panic and Sell...
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on: June 17, 2011, 07:37:18 PM
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No, actually that's wrong. The main factor in determining the pricing of a commodity (such as oil/gold), is DEMAND, NOT difficulty to mine (though difficulty to mine may establish a pricing floor for the commodity, as anything below the floor will just make mining unprofitable and mining would cease). Platinum is 40 times more scarce than gold and as a result 40 times harder to mine, but its price is just slightly more than gold. Why? Because it doesn't have 40X DEMAND. At the current difficulty, the pricing floor for bitcoin is around $2-$3 (cover electricity and a tiny profit) with a paid off rig. and let's not forget there are tons of bored people with idle GPU that would mine just for fun, even with negative profit. Here's the way I see things. What happens when it becomes more difficult to mine stuff in the physical world? What happens when oil is harder to find? The price goes up.
The difficulty just went up a lot. The price was around $20 for a while. Now since it's harder to mine, I value my coins at a higher rate than $20 per coin. I wouldn't sell a coin for less than $25 now. But that's just me. It'll take an entire community of like minded people to make that happen. Either way, if bitcoins fall low, I'm going to buy them at their low price. No matter what, I know I'm winning. Prices went low? Fine. I'll buy some coins before they go back up. Prices set new record high? Good. That's a very potential future value for them that I can base some estimates on. If it goes up too high and I know it's too high, I might sell some coins before the speculation bubble bursts and buy again after. Don't worry, guys. Just play it smart. Don't take too much risk but don't be too cautious either and you'll make a few bucks. Don't worry about people panicking or hoarding. You can take advantage of both situations.
I'm not disagreeing with this. That's why I said "But that's just me. It'll take an entire community of like minded people to make that happen." ie: everyone else's demand matches mine |
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99
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Bitcoin / Mining / Re: Dont panic and Sell...
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on: June 17, 2011, 07:11:56 PM
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Here's the way I see things. What happens when it becomes more difficult to mine stuff in the physical world? What happens when oil is harder to find? The price goes up.
The difficulty just went up a lot. The price was around $20 for a while. Now since it's harder to mine, I value my coins at a higher rate than $20 per coin. I wouldn't sell a coin for less than $25 now. But that's just me. It'll take an entire community of like minded people to make that happen. Either way, if bitcoins fall low, I'm going to buy them at their low price. No matter what, I know I'm winning. Prices went low? Fine. I'll buy some coins before they go back up. Prices set new record high? Good. That's a very potential future value for them that I can base some estimates on. If it goes up too high and I know it's too high, I might sell some coins before the speculation bubble bursts and buy again after. Don't worry, guys. Just play it smart. Don't take too much risk but don't be too cautious either and you'll make a few bucks. Don't worry about people panicking or hoarding. You can take advantage of both situations.
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