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501  Other / CPU/GPU Bitcoin mining hardware / Re: 5830's, what mh/s are you getting? on: July 09, 2011, 04:30:37 AM
2 5830 Sapphire extreme. Phoenix Miner+PhatK W=256 F=60 BFI_INT Fast-Loop=False Aggression 8 MSI Afterburner
318 Mem (seems optimal after testing) 1010 MHZ 1.250Volts

328MH-330MH

Have a box fan lying on the case while it's flat with the side off.
68C max


502  Bitcoin / Bitcoin Discussion / Re: Watching amateur finance types flail on: June 29, 2011, 05:19:12 AM
Uhm... it is just as good now. I've bought the exact same things I would normally buy with dollars. I've exchanged them for dollars. Right now they have the identical utility as far as I can tell. I can't use them as collateral for a loan but so what? You don't get rich being in debt.
503  Bitcoin / Bitcoin Discussion / Re: Watching amateur finance types flail on: June 29, 2011, 05:07:23 AM
We agree for the most part. My point was there is more intrinsic value in bitcoins (even though they are digital) than there are in paper USD. That's more of an indictment of US currency than anything else. However, USD does not have to be accepted at all by anyone. FRN's are not the only legal tender. The gov't just like you to believe it is.
504  Economy / Goods / Re: Selling Top Ramen - $0.10 in BTC on: June 29, 2011, 05:00:39 AM
Ramen FAIL! It's .10 US dollars in bulk
505  Bitcoin / Bitcoin Discussion / Re: Watching amateur finance types flail on: June 29, 2011, 04:41:25 AM
Wait till Christmas. I'm selling toys for BTC.
506  Bitcoin / Bitcoin Discussion / Re: Watching amateur finance types flail on: June 29, 2011, 04:30:23 AM
John , with all respect , your flat out wrong. New coins are created by securing the authenticity AND accuracy of transactions. Bitcoins are NOT generated from dollars coming in. You obviously don't know how it works so why don't you stick to what you know or do some research.

He's a Bitcoin outsider - what the heck makes you think he'd talk BTC when he says the word "revenue"?

He means no new value (currently being measured in USD) from the outside world unless it's through more investors - and at the present time he's mostly speaking truth. Mining secures the network, yes - but without some means of giving that network any sort of value it's all just meaningless bits... comparing e-penises in the form of GPUs.

My guess is you're alluding to that because mining costs you money your Bitcoins have to be worth something - no one gives a shit what Bitcoins cost to make, that's not what gives them their value.

Value is in the eye of the beholder and is completely subjective. My point about cost to make is that it is not creating something from nothing like fiat currency which is faith based. Nagle can redeem his Federal Reserve Notes for lawful money and then we can talk. He knows he can't even though it is Federal Law. They are the biggest scam ever. You have no legal recourse for non-payment within the US.

As far as meaningless  bits... how meaningless is ink formed in the shape of 100 versus 1? The ink is no more valuable . Whereas 100 bitcoins versus 1 bitcoins means the network is that more secure and the transaction (regardless of what 2 people choose to make them represent) that much more real.
507  Other / Beginners & Help / Re: I feel it is my duty to warn you all. on: June 29, 2011, 04:18:52 AM
So your a snitch , so what? I can prove bitcoins are backed by a valuable consideration. I'd really like to see you do the same with USD. The are supposed to be redeemable in lawful money on demand as per US Code Title 12 -Section 411. Have you ever actually done so? Has anyone in the last 20 years redeemed a federal reserve note for lawful money? Don't talk about rules and regs when the Kleptocracy you support ignores them. Shit FRN's don't even claim to be payable on their face.

You might be able to trick the dregs but some of us know about money  starting with Lord Holt making inland bills of exchange akin to foreign bills of exchange... which is what an FRN theoretically is.

508  Bitcoin / Bitcoin Discussion / Re: Curiosity versus currency on: June 29, 2011, 03:57:13 AM
I have never been a gambler, or traded words for indemnity.  I have earned my keep by solving specific puzzles that my clients could not.  The idea of arguing one's way into a paycheck is offensive to me.  Studying Bitcoins is well within my demeign.  I find it fascinating that the easiest way to play with them is in the form of a casino, with everyone playing the odds that they can buy low and sell high.  I may have said this before.  If noone is trading real work for Bitcoins, then they are simply chips in a stupid game.  The house always wins.  The basic principle of money markets is "screw the other guy, he's stupid."  Playing that particular game at length is a clear indication that you have nothing of value yourself to offer, as is true with all gambling.

Uhmm.... securing the authenticity and accuracy of every transaction ever made on the bitcoin network is work. My GPU cycles ,which incidentally cost something, secure the network. There is no buying and selling at the mining level. It's simply performing service.
509  Bitcoin / Bitcoin Discussion / Re: Watching amateur finance types flail on: June 29, 2011, 03:45:32 AM
Bear in mind that the Bitcoin system generates no revenue. All funds must come from new investors. 
John , with all respect , your flat out wrong. New coins are created by securing the authenticity AND accuracy of transactions. Bitcoins are NOT generated from dollars coming in. You obviously don't know how it works so why don't you stick to what you know or do some research.



510  Bitcoin / Bitcoin Discussion / Re: Cracked Passwords List Leaked, were you cracked? on: June 28, 2011, 11:53:58 PM
Luckily mine wasn't cracked. Password WAS iamdana1qaz0p;/
511  Bitcoin / Bitcoin Technical Support / Re: help with wallet.dat on: June 24, 2011, 12:50:54 AM
Thnks for the response , I manage to find the public and key pair. In regards to the script you posted what is the significance of the numbers "0776657273696f6e
 027d00000a64656661756c746b657941" Is that the transaction hash?
512  Bitcoin / Bitcoin Technical Support / Re: help with wallet.dat on: June 23, 2011, 03:42:39 AM
I don't mean to reraise a dead thread. I can't find the keypair using this method.  0xfd doesn't exist in my wallet. Any tools to extract the key pair for a transaction?
513  Bitcoin / Bitcoin Discussion / Re: Making it public: I have moved the disputed 643.2771 BTC into an escrow account on: June 22, 2011, 02:25:34 AM
I already established what was stolen. The right to a service. A continuous one at that because the record is kept on the network indefinitely and verified constantly.

Interesting question. Who do you have the service contract with? How did this contract come into existence?

I am assuming that you have a contract, quasi-contract, or similar legal source of obligations, as you are saying that you have a right.

Bitcoins are created by confirming a block. That is performing a service for compensation. You solve a block, the network will solve blocks you create for a "network value" of up to 50 bitcoins + fees earned in return for your work.


I see right through the contract gibberish. I don't fall for distractions. These are rights under a license.  A grant of authority. That would make it more like a trust.

514  Bitcoin / Bitcoin Discussion / Re: Making it public: I have moved the disputed 643.2771 BTC into an escrow account on: June 22, 2011, 02:13:44 AM
your out of your mind. There is no gray legal area.Theft of service goes way back in  law. We are all trading a right to a  service. It's not frickin complicated.

Get your facts straight, you are talking of larceny and fraud.

Let us get the facts of the case straight so far. There was a hacking event. This is a criminal offence, no questions. The perpetrator accessed accounts (also a criminal offence), and tried to conduct a fraudulent transaction. This is where things get tricky legally. What was transferred in the eyes of the law?
- Currency? This would fall under many jurisdictions as either theft or fraud. No question about that.
- A service? Then it is larceny.
- Access to a key so that you can make a transfer of some intangible value from one ledger to another? Hacking at most.

As far as I understand, Kevin completed a transaction within the exchange, but the transaction has not really taken place (the BTCs have not been "deposited" to a wallet). If this is the case, firstly, there is no handling of stolen goods (even assuming that there is theft, which is not clear by far), so Kevin is not liable legally whatsoever.

There was a withdrawal.
Kevin has 600 plus coins (right to a service) in escrow.
There is a saying in the law. A man can't transfer any better title  than he owns. The thief has no title. Kevin has no title.
This is not new and novel.
Kevin is willfully obstructing the lawful owner from taking possession.
Why am I explaining this?
Is it amateur hour at the Apollo in here?
515  Bitcoin / Bitcoin Discussion / Re: Making it public: I have moved the disputed 643.2771 BTC into an escrow account on: June 22, 2011, 02:06:04 AM
I already established what was stolen. The right to a service. A continuous one at that because the record is kept on the network indefinitely and verified constantly.

It's no different than "digging a ditch" dollars.

I can't even believe we are having a tangibility argument in a world of nonredeemable fiat paper .
516  Bitcoin / Bitcoin Discussion / Re: Making it public: I have moved the disputed 643.2771 BTC into an escrow account on: June 22, 2011, 01:51:24 AM
Sounds like Kevin wasn't the only one who got a buy order in fast.

Hehe. I am serious though. Theft has very specific connotations (warning, this discussion is about UK law, but this is typical of most systems I am familiar with). Most intangible theft, that is, money transfers, securities, etc. are classified as fraud, and that would depend on BTCs having some form of legal value. At the moment, BTCs are at best in a legal grey area. I cannot imagine that any enforcement agency would take theft (or fraud) in BTCs seriously (yet).

Hacking however is a well recognised offence, so the hacker is certainly liable regardless of Bitcoin's legal status. But Kevin would not be liable for making an exchange.

your out of your mind. There is no gray legal area.Theft of service goes way back in  law. We are all trading a right to a  service. It's not frickin complicated.
517  Other / Beginners & Help / Re: Deflation: Wage rates and the employee VS the Employer on: June 22, 2011, 01:47:02 AM
This a funny thread considering you are all using fiat money in a single payor financial system.
518  Bitcoin / Bitcoin Discussion / Re: Making it public: I have moved the disputed 643.2771 BTC into an escrow account on: June 22, 2011, 01:40:43 AM
This is why gov't exist. Because people are dishonorable dicks. There doesn't need to be a law. Kevin knowingly profitted from an illegal act and has CONFESSED to suspecting the market's performance was a result of an illegal act AT THE TIME HE PUT IN HIS BUY ORDER.

There is your mens rea people.

You don't need a law to know buying what is in essence someone else property is wrong. Bitcoins are a right to a service (a nonreversible multipeer authenticated data transfer and record keeping). They don't need to be tangible.

Kevin knows in his heart  that's why he keeps trying to rationalize this.

519  Other / Beginners & Help / Re: Bitcoin - the first cryptographic commodity, NOT currency on: June 21, 2011, 02:00:36 PM
Uhm bitcoins do have other uses outside the BTC market. You could use bitcoins simply as proof of a transaction for anything. You just correlate the bitcoin to one of the objects like say the assignment of a mortgage. The transaction data itself is what is useful.
520  Other / Beginners & Help / Re: quiet gpu's to mine with? on: June 21, 2011, 01:53:09 PM
Powercolor makes passive cooling 6850's. They also make a single slot 6850.
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