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41  Economy / Economics / Re: Is there such a thing as absolute value? on: June 18, 2011, 04:52:55 PM
Science is NOT absolute. Mathematics... yes, within itself :-)
42  Economy / Economics / Re: Attempt to find current value of btc on: June 18, 2011, 07:26:53 AM
I think 1 BTC = $1000, or 350 pounds of dreams, or an ounce of love  Grin
And guess what: my guess is as good as yours  Cheesy

In order to avoid my opinion and your monopolizing the market, we have MtGox  Kiss
43  Economy / Economics / Re: Is there such a thing as absolute value? on: June 18, 2011, 07:23:09 AM
How many apples for a cow? What about oranges? How many bitcoins for another day to live?
Jeez, I'm getting poetic, philosophical and... subjective?
44  Economy / Trading Discussion / Re: Buying Bitcoins from anyone interested to sell on: June 18, 2011, 05:46:54 AM
if you are serious about getting into bitcoin trading, stop using paypal for your bitcoin-related payments. paypal transactions are reversible, bitcoin transactions are not. I am sure you can see the problem here...
45  Other / Beginners & Help / Re: HOWTO: create a 100% secure wallet on: June 17, 2011, 07:35:05 AM
Human factor and buggy software explains 99% of all issues...
46  Other / Beginners & Help / Re: Motherboards with several video cards effects on hash rate on: June 17, 2011, 07:29:15 AM
Cool graphs Wuked. Thanks!
47  Economy / Trading Discussion / Re: Exchange Audit/Transparency on: June 16, 2011, 07:08:17 AM
A trustworthy exchange should have all transactions made public in a way that allows for completeness and privacy:
1. completeness: all buy/sell orders (not just executed trades!) should be available to the public for examination;
2. privacy: examination should not reveal particulars/identities etc.

Hard to accomplish without a third-party trusted auditor...
48  Economy / Economics / Re: Is there such a thing as absolute value? on: June 16, 2011, 06:58:13 AM
What a wonderfully complex question! Tomes have been written, with no clear answer... The only absolute truth is that everything is relative  Grin
49  Economy / Economics / Re: Just me, or is anyone else constantly thinking of bitcoin businesses to start? on: June 16, 2011, 06:29:29 AM
Bitcoin is PERFECT for micropayments. Can we persuade NYTimes (or some other major newspaper who is willing to increase revenue) to accept bitcoins for access?
50  Economy / Trading Discussion / Re: Idea: Distributed Bitcoin Exchange on: June 16, 2011, 06:19:10 AM
Great idea it is, simple it is not, young Skywalker... Good luck and keep us posted!
51  Economy / Exchanges / Re: www.BitcoinExchange.cc - Western Union, MoneyGram, MoneyPalk, ACH/Wire, Dwolla on: June 16, 2011, 06:05:23 AM
I am reporting on two transactions with BitcoinExchange.cc

Transaction 1: Bitcoin -> Liberty Reserve. It was almost real-time, although over email. I sent the bitcoins and got the LR in my account in less than 2 minutes. Impressive!
Transaction 2: Bitcoin -> GreenDot MoneyPak. It took a few days due to some issues BitcoinExchange had with PayPal (why am I not surprised?). The problem was clearly explained to me, and all my emails were answered in a timely manner. I just received the MoneyPack codes and deposited them with no problems to my GreenDot card account.

A note on Transaction 2 is in order here. When I sold my BTC to BitcoinEchange, the MtGox exchange rate was much better than it is now (to my advantage). BitcoinExchange did NOT change the terms of our deal, which I really appreciated!  Cool

Thank you BitcoinExchange, and keep up the good work!
52  Other / Beginners & Help / Re: Motherboards with several video cards effects on hash rate on: June 15, 2011, 11:30:32 PM
If you have enough power, proper cooling and a decent motherboard the number of cards should not affect their performance. If power is insufficient, you can use multiple PSUs.
53  Other / Beginners & Help / Re: Mt.Gox account hacked and they are simply closing my tickets. on: June 15, 2011, 11:16:32 PM
any luck yet?
54  Other / Beginners & Help / Re: what bitcoin resolve?? on: June 15, 2011, 11:13:16 PM
Nobody can shut down all the miners and all the users. That's the power of bitcoin!
55  Other / Beginners & Help / Re: what bitcoin resolve?? on: June 15, 2011, 11:12:00 PM
Sort of  Smiley But it also eliminates the single point of failure that such a centralized server would be.
56  Other / Beginners & Help / Re: Vegetables for Bitcoin! on: June 15, 2011, 11:01:34 PM
What about a laptop next to the veggies?  Smiley
57  Other / Beginners & Help / Re: Idea for a hardware-based Bitcoin savings account on: June 15, 2011, 10:59:22 PM
Very interesting idea! Any prototypes?
58  Other / Beginners & Help / Re: Technocash Warning on: June 15, 2011, 10:54:16 PM
Did you ask Technocash?
59  Other / Beginners & Help / Re: Would you Stay at a Hotel that accepted BTC? on: June 15, 2011, 10:29:23 PM
I would have no problem staying at a hotel that accept bitcoins  Grin
60  Other / Beginners & Help / Re: Stupid Question - Confused Newbie on: June 15, 2011, 09:37:50 PM
Mining with your current configuration is a waste of electricity. Unless you are extremely lucky, it may take years before you solve a block and get 50 BTC. Joining a pool may help you get a few fractions of a bitcoin to play with, but no more than that. Mining is pointless these days unless you can afford some pretty expensive hardware. Just buy some bitcoins with the electricity money  Smiley
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