I have a bunch of these and they work great. I have no idea where I got them though. Give them to me now! You mean:
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Yes, although you will spend 5x as much in electricity as you make in Bitcoin, which will be a few pennies a day.
guiminer would be the easiest way to mine with an Nvidia card.
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Mail me $11, I'll send you 2 BTC.
You don't need to go through exchanges and such, like other currencies, you can sell stuff to obtain Bitcoins or trade with individuals.
The typical route though is to transfer USD currency into a currency exchange, complete a trade, and withdraw Bitcoins to your wallet address.
Sent you some loose change.
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I don't think that Bitcoinica created trends in prices, however, it amplified trends. If the price dropped $1, the margin calls and liquidation by Bitcoinica on the market would cause further drops. Volume also would be increased as margin trading gives traders more money to gamble with.
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The day that Satoshi dumps 500,000BTC, you wouldn't want to miss out on the cheap Bitcoins by not having an order in, would you?
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Some of the optimization desired, cleaning the locally stored blockchain, could be done on the local client without network approval - removing zero-balance addresses from the transaction record database and blockchain index. This likely won't be put into the main Bitcoin client as history is important too (being able to look up past payments). Also, the blockchain is distributed peer-to-peer, you couldn't share blocks that have had data pruned out of them.
The blockchain database also need not be stored locally in the BerkeleyDB format used by the mainline client, it could be more highly compressed and optimized.
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Thanks But i know this. I am specially looking for suggestions and experience with these Hosting Providers. When i had used this overview, i would have ended with Kalyhost and as far as i can judge them (i opened a presales support ticket and did not get any response) it would have been a bad decission That is the same level of support that has been reported by paying customers...
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Transaction fees are extra money that are earned by the Bitcoin miner that creates the transaction block that contains your Bitcoin transaction. You have to know a few things about how stuff works, so here's a "Bitcoin fees for dummies":
- Outstanding Bitcoin transactions are "packaged up" in to blocks about every 10 minutes by Bitcoin miners, - Creating a transaction block takes solving a difficult computational challenge, this high difficulty makes it hard to counterfeit the blockchain record of all Bitcoin balances, and the harder it is, the better, - Miners are rewarded 50BTC when they find a block solution, and it is hard because so many miners are computing trying to get that 50 BTC, - A miner who create a transaction block also receive all the transaction fees of transactions they include in the block. - Minimum fees are required for small transactions to discourage spam, the sending of many insignificant amounts that create blockchain bloat, - A bitcoin transaction consists of inputs and outputs, an input is your bitcoin address, and an output is the recipient of your payment, - each input and output has an amount of Bitcoins assigned to it; when the input is larger than the output, the remainder is the transaction fee that the miner earns when they include your transaction in the blockchain. -The fees are not calculated as a percentage by either the client or the minimum fee for small transactions, so I don't know where you get that. They are set amounts. -The minimum fee for small transaction amounts is a certain amount based on transaction data size, not money amount (currently .0005BTC per KB in Bitcoin). 1 KB is the size of the data in your transaction; you can usually send to several people at once in one transaction before the size grows over 1KB. -The fee you set in your client is an amount you want to include with every payment you send. This is like a "donation", a way to ensure that your transaction is promptly included in a block by rewarding the miners. -Only the smaller of the minimum fee and the fee you set in the client is used, they aren't combined. -Litecoin is dumb, it's one of many Bitcoin knock-offs with little change to the code, usually created for selfish reasons.
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Escrow wouldn't be required if the buyer trusts you and pays first. Do you have only buyers who demand escrow?
If the buyer you choose is in the USA and will only accept escrow, I can offer escrow. You have to consider if you want OZ-based escrow to do the international shipping or if you want to ship to destination-country escrow yourself.
Consider these escrow conditions, these would be mine:
1. Bitcoins come first; you won't be sending a package until I confirm payment is secure. The payment address wallet/keys will be backed up the wazoo, with a paper copy of the address keys and transaction info for my next of kin to discover.
2. US->US shipping cost comes out of the Bitcoins, I'll calculate for you pessimistically @ today's MtGox if I know the box weight, dimensions, and destination ZIP.
3. The singles (or any other item) must be shipped to me with signature service so you can prove to yourself I got them (this based on my experience of eBaying hundreds of items, this is to prevent shipping services leaving stealable packages at the door instead of hand-delivering to a person, or marking them "delivered" when nothing was delivered, it was delivered to the wrong address, or it was stolen by the delivery driver). The items must be double-boxed, over-packaged, and well padded, so it arrives safely and so I don't have to re-box it to meet insurance requirements.
4. If the package is lost or damaged getting to me, you must have insured the parcel yourself and claim the loss yourself. I will refund the Bitcoins if I do not receive the package or if the package contents are not as described or damaged (after waiting around a month to ensure the package was not misplaced or delayed in shipping).
5. I will re-ship FedEx insured with adult signature confirmation to a physical address only. No post-office box services either (I will Google, seller should check address also).
6. Carrier signature-proof-of-delivery will be proof I completed escrow service. When it is delivered with signature, the transaction will be final and I will send Bitcoins. There will be no claims the package wasn't received if it was delivered and signed for.
7. If the package is lost getting from me to the buyer, I will pay out the Bitcoins to the seller after a similar waiting period to be sure it's lost for good and that the shipper acknowledges the loss and insurance will cover it. I will compensate TO THE BUYER only what I am able to get from insurance (all shipping companies have insurance adjusters that are dicks and routinely deny claims you have to then appeal, will only pay "replacement cost" regardless how much insurance you buy, etc).
8. If the package is damaged getting from me to the buyer, I will compensate TO THE BUYER what insurance pays out (see above) as a replacement or repair settlement. Buyer must cooperate with insurance adjuster's package inspections and/or pick-up of damaged packaging and any or all shipped merchandise, etc.
9. Free, but tips encouraged, given all the above work escrow dude does. No warranties, no lawsuits.
I think I've thought out every escrow scenario here. Anyone considering doing escrow services should examine the above too, so a buyer and seller know the score when it all goes wrong. 6, 7, and 8 seem like the best terms for fairness and to protect seller and escrow agent against unscrupulous buyer claims.
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Western Union is the Bitcoin of USD, you send money to someone's number and they can pick it up in France or Nigeria with no accountability, and you can't get it back if you are scammed. For receiving it's better than receiving reversible bank/PayPal/(Dwolla) payments because of no chargebacks, but for sending, you could be sending your money to a Nigerian prince who will send you back nothing. It is like sending cash in an envelope, but with no clue who is receiving it.
Who should "go first" in such a scenario?
This would be good opportunity for a (trustworthy?) escrow service if you don't know the other party. The escrow service receives the Western Union cash and the Bitcoins, and only forwards them if both are paid. If the service is trustworthy enough for you to send Bitcoins to it, they might as well simplify the service - just buy your Bitcoins and send the WU themselves though (like an exchange with WU withdraw does).
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You may want to contact the sellers and inform them that you have Bitcoin ready to spend, all they have to do is sign up with a shopping cart service such as bit-pay to receive Bitcoin payments at their online store (automatically converted to US$ if they want) from this untapped market of new customers, at fees lower than Paypal with no worries of chargebacks.
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The only files you need to remove on Win7 x32 are: C:\Windows\System32\amdocl.dll C:\Windows\System32\OpenCL.dll Then run the OpenCL installer/uninstaller for your installed Catalyst drivers from the location they were extracted on the hard drive, such as: C:\AMD\Support\12-4_vista_win7_32_dd_ccc\Packages\Apps\OpenCL\OpenCL.msi If you pick the correct installer, it will prompt you to uninstall (instead of an error that another version is already installed). You must run the uninstaller first, since other AMD Stream SDK/OpenCL packages won't install if it detects previous registry entries of another version. Then install the OpenCL SDK package from the driver installation you want to use, for example 2.5 from v11.11: C:\ATI\Support\11-11_vista32_win7_32_dd\Packages\Apps\OpenCL The 2.1 SDK does not install easily, and only gets you ~1% more in a best settings vs best settings, so I would skip attempting that unless you want frustration. You have to do some tricks such as copying all the SDK dlls into the application directory, and installing version 2.3's OpenCL.dll in the windows directory and app directories to support modern OpenCL 1.1 apps.
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my.gox could have world leading security, but it wouldn't matter because people will still get key logged because THEY DON'T TAKE PERSONAL RESPONSIBILITY FOR THEIR OWN SECURITY.
8 characters is too few for a password in my opinion.
use clean systems to access my.gox. easy as booting a live session of Ubuntu.
buy a yubi key (same thing as a blizzard authenticator)
use a more secure password.
change your passwords regularly.
don't whine and moan when your own negligence rob's you of your money. you are basically handing the hackers your bitcoins .
Edit: Oh, and your gox account is only as secure as your email. keep that in mind.
Google authenticator is a free yubi-key-like application which you can download for free on any android phone. Anything you really want secure should be two factor auth-ed, or you are completely vulnerable to someone to keylogging you. <L_CLK:84,332><APPOPEN:C:\Program Files\Mozilla Firefox\firefox.exe> <L_CLK:642,66>mtgox.com<ENTER><L_CLK:888,124>deepceleron<L_CLK:918,127><CTRL+>v<L_CLK:959,123> Here's some help for you if your keylogger didn't work, I deleted 1 character: RqQsxaHGWDzP7fweKDsx0wj4gyLPHRrPrJMurBMPq2MRltwEgQ6rcCTN2i7qjPKOmbu4IgHFdjFu9pQ 9v1vrjzYT3tjP9Pa1CncuR7epkiC3PvCuBJ5pNasvMziwktQTQMYLscyqZDj20cOvxZ5WmF8HcIqPOE n0MR96CSMTvMME4tB37lsEmPA5GSON1lST3ZuxN16m
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LIVE STREAM FROM OREGON:
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