Hello,

make sure that you have extracted the SDK License.
(I think this was like, cd /; tar xvf /path/to/amdsdk/icd-registration.tgz)

/etc/OpenCL/vendors $ ls
atiocl32.icd  atiocl64.icd  nvidia.icd

And you have to check if you added the SDK Variables to your enviromnent,
I just added /opt/AMD-APP-SDK-v2.4-lnx64/lib/x86_64 to my /etc/ld.so.conf.
Seems to work too. (read the pdfs in the doc folder of the sdk if in doubt)

export LD_LIBRARY_PATH=/opt/ati-stream-sdk-v2.1-lnx64/lib/x86_64:$LD_LIBRARY_PATH
export ATISTREAMSDKROOT=/opt/ati-stream-sdk-v2.1-lnx64
export ATISTREAMSDKSAMPLESROOT=/opt/ati-stream-sdk-v2.1-lnx64

The error that I get is:
Build on <pyopencl.Device 'AMD Phenom(tm) II X6 1055T Processor' at 0x10d4380>:

/tmp/OCLWr29ew.cl(45): error: mixed vector-scalar operation not allowed unless
          up-convertable(scalar-type=>vector-element-type)
     nonce = base + get_global_id(0) + (uint2)(0, 0x80000000U);
                                       ^

1 error detected in the compilation of "/tmp/OCLWr29ew.cl".


Any idea how I can fix this?

My bitcoins are completely secure. They are encrypted with an unbreakable password. They are backed up in many places globally. The only way to take my bitcoins would be under duress and even then you would only get my small stash. Nothing comes even close to the security of bitcoins.

It's funny how hackers flooding the market with 75K coins from mybitcoin.com is called a "crash". When someone with 150k buys up the market it's not a rally it's "temporary blip".

Hash rates have nothing to do with anything. Bitcoin works just as well at 1.5k ghash as it does at 15k ghash.

Bad press? You heard the press on the USD? Do you still use USD? Have you moved all your savings out of USD? Do you still get paid in USD?

People use Bitcoins as a currency. What that currency trades for on the open market doesn't mean jack squat. Sellers don't sell at a fixed BTC price. They sell at a fixed USD price. Bitcoins could be worth 10 cents and it doesn't change how these transactions work. When you go buy $50 worth of bitcoins to buy that bong you've had your eye on, does it really matter if you buy 100 bitcoins with that $50 or 2 bitcoins? The buyer/seller don't really care.

Trust me they're not nearly as important as they'd tell you they are. And the USD value of BTC isn't nearly as important as people tell you it is.

In fact, it isn't important at all. If Bitcoins magically stayed at $2 for the next 10 years it would work just fine. People mine at a loss at various folding projects, lots of people don't pay for electricity, there'd be plenty of miners still cranking away.

The people who care are the miners, investors, day traders, get rich quick crew. None of those people are needed. 80% of miners could fuck off and it would barely be a blip in the community. An 80% exodus would take 2-3 weeks plenty of time for difficulty to adjust. Even if there was a span where transactions took 15 minutes instead of 5 to confirm? Big deal. Eventually it adjusts and things are back to normal.

No more trading bots? Sign me up for that.

Get rid of the drama queens, the pumper and dumpers, get rich quick crew, and most of the cancer of the bitcoin community is gone.

The stock market is a rigged game. Every week a portion of millions of paychecks goes into the market. It has no choice but to go up.

3) Every block that is mined reduces the available supply, which in turn provides higher value. (For bitcoin itself, not compared to fiat currencies.)

I would feel a little safer if it was a gradual increase after we were all sure the decline was over, it still feels we could slip back down any minute

the investor will likely just sell back out if he see's he hasn't kicked off a rally, The fear of going through 10 then free falling to 5's again will be on his mind. its on ficken mine 

I'd love for it to shoot up again, but you guys are insane, it goes down 6-8 bucks over a week then comes back 5 and you think it's rallying.

it's unhealthy thinking

hahahaha that's the day after thursday.

Why can't this be done now?  Why does the market need to crash so low that all interest is lost?  BTC has been around for a while now, but the first time it starts to gain any interest everything goes to hell in a handbasket.  With the bubble and the long slow steady decline, all interest will be lost, and you will be lucky to get any back.  BTC is already a joke, hoping for a severe crash to get rid of any and all interest for good is pretty boneheaded. 

Aren't those two different, somewhat contradictory points.  The first guy is implying the price should go up, the second is implying it should go down...

When bitcoin was $1 the daily trade volume (on MtGox) was around $10k USD on low days and $50k USD on strong days.  By the time daily volume was above $100k+ on average, price was above $5 and on its way to $10 (volume was growing to a million).

Unless we see a massive decrease in daily trade volume from the current $500k-$1m, down to under $100k, I'd be very suprised to see prices below $5.

Bitcoin will currently continue to lower in value as long as the following is satisfied:
- Miners can sell the BTC they make for more than they can easily invest it for (>5% annual, maybe >2.5% in the current economic atmosphere)
- The global economy is a downfall and people are looking to liquidate assets while they are still worth something.
- The BTC surplus as a result of high speed mining and immediate resale of mined BTC continues, that is, there is a low demand for BTC while the number of sellers remains high.

Eventually a point must be reached at which the miners are no longer willing to sell any BTC and an equilibrium must be established.  Where is this?

Average price of power in the US: 0.1109$ / KWh (2.66$ USD/day)
Typical hash rate/KWh: 1,750 MH/s (AMD 58xx/69xx cards), or 0.84 BTC/day
Average amount of time to mine 1BTC at this hash rate: 1.19 days
Total cost/BTC: 3.16$ USD

Let's looks at the current price of BTC, 7.5$ USD or so.  This represents an insane 99% profit after addressing for power.  Of course, hardware must be factored in here too, and it is assumed that at the end of the year most miners will have spent more on hardware than on power.  How much more?  A rig that can mine 1750 MH/s probably costs in the vicinity of 1000-1300$ USD.  The value of the hardware probably declines by about 30% each year.

Looking at each miner per year, let's say the rig costs 1200$ USD and by the end of the year just 840$ USD from devaluation.  The bitcoin miner must make 360$ to recoup this loss.  This makes our math easy, because it's clear than that he or she must make at the very least about 1.00$ per day.  We also know that we owe 2.66$/day of electricity, or about 971$ per year.  We mine 6.30$ USD a day (0.84 BTC), so our ROI (return on investment) is still 72% percent.  This is an enormous and unsustainable value.

Altogether, the cost of mining with this 1,750MH/s rig is 1330.90$ USD per year.

We need to make all this back plus at least 5% for ourselves.  That's about 1400$ that we'd need to make that year, to make this worthwhile.  That would mean we'd have to be mining 3.84$ USD of BTC a day, or that the value of BTC would have to be 4.57$ USD.

What matters is not the amount of BTC being mined each day or the difficulty or whatever.  What matters is the USD equivalents of whatever is being mined per day.  If the USD equivalent is less than the end of the year hardware costs and power costs plus a small 5% or so share, no one will mine, period, and the price must rise.  If the USD equivalent is more than the end of the year hardware costs and power costs plus a small 5% or so share, everyone will mine and the price must fall.

The current price seems to be unsustainable, as there is no reason to invest anywhere else if BTC mining returns such insane amounts.  For people investing in mining rigs there is another loss fear in case the market collapses and you lose the amount you spent on electricity and the devaluation of your hardware, but there is no way that price is an additional 65%.  There are no 70% junk bonds; at best it represents an additional maximum of 5%.

ASIC mining/other highly targeted hardware may not change this much because the resale value of something that can only mine BTC will be worth dickall in the event of the BTC market collapsing and must be purchased cautiously at the present time.

True, bitcoin is too small, young, and somewhat "untested", but there's no comparison between bitcoin and WOW gold.

Its valuation should follow the direction of physical gold and silver, not in the opposite direction.

I didn't take into account the x factor haha.

I vote for a nice warm and sandy tropical island. And the party should definitely include a drunken orgy, with at least 3 gorgeous chicks per one guy.