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241  Economy / Economics / Re: The expected price of bitcoin on: July 18, 2012, 05:03:07 AM
The cost to buy 51% of hashing power, halt the block chain and render all BTCs completely useless is between $1M and $10M.
Thus true value of bitcoin is less than 0.51 * $10M / 9M = $0.57
242  Bitcoin / Mining speculation / Re: What will happen to people with non-BFL FPGAs (once ASIC arrives) on: July 17, 2012, 10:01:03 PM
they also can change the algorithm a little bit, and continue mining on the split blockchain
243  Other / Off-topic / Re: A Factual History of Freemasons and Banking - Not Internet Sourced on: July 08, 2012, 02:00:32 PM
Can you please expand more on the connection between Masons and World Jewish Government?
244  Other / Politics & Society / Re: Tomorrow I head to the Lions' Den.... on: June 10, 2012, 08:13:14 PM
Ideology has never been a force for progress. Only technology drives society toward an improved quality of life. Ask yourself who has the best plan for improving and delivering technological invention and innovation for the future.

tasteless food, pollution, stupid games, abundant porn, more old people, more ways to kill, loss of privacy,  ... i fail to see anything good that tech brought us
And what's ahead: nukes in every country, GMed viruses, rich people living to 300 years and AI that will make all of us redundant.
245  Bitcoin / Bitcoin Discussion / Re: Zero sum games on: May 15, 2012, 07:04:50 AM
I think traders are good for bitcoin. They lose money (because it's not a zero-sum game for them, its negative sum game if you take exchange commissions into account). The money they lose goes to the exchange, which can invest into better infrastructure, security, and to lower the commission. It also works to reduce bid-ask spread, meaning better terms for "normal" buyers and sellers.

Gamblers also get something for their money, namely satisfy their speculating urges, we can regard that as entertainment value. Of course, it's bad if taken to the extreme (taking on debt, spending too much time on gambling).
246  Economy / Goods / Re: [WTS] BFL Single 150BTC on: May 07, 2012, 02:12:43 AM
Quote
Lame.
i know. But i'm sick and can't go to the PO.
247  Economy / Goods / [WTS] BFL Single 150BTC on: May 07, 2012, 01:59:23 AM
This is revision 3, unopened in a box.
Local pickup in Phoenix AZ only. Won't mail.
You either pay BTC in advance or bring $750 cash and get the box.
248  Economy / Goods / Unused BFL Single, Revision 3, 200BTC delivered in USA on: April 15, 2012, 07:00:28 AM
I have just received my Butterfly Labs BitForce SHA256 Single.  The shipping notice says Rev 1 but Sonny K told me in email that this would be a Rev 3 system, the same board as in the multi-unit rigs.

I have not used it yet, and will wait until Monday morning PDT to fire it up.

I'll ship USPS priority with tracking info and am willing to escrow (your cost) based on delivery confirmation.

Now for the obvious questions:

1) Why would you pay 200 BTC, putting the initial capital cost so high it would never break even?

I'm assuming a lot of people are evaluating FPGA mining infrastructure going forward.  Due to their long lead times, it's tough to commit to placing a large order, either for singles or rigs, without an evaluation first.  This unit will allow you to start your evaluation next week so you can either decide to cancel existing orders, have faith in your pending orders, or make or increase your allocation for additional hashing capacity from BFL.

You can also rip it apart and reverse engineer it or whatever you want.  It will be yours.

2) Do I guarantee it is operational?

No.  I will only guarantee shipment, as I have not powered up the device.  All warranty issues will be based on BFL's six month warranty.

3) What is the shipping origin?

Phoenix, AZ, USA

4) Why should you trust me?

You shouldn't trust strangers on the Internet.  However, I'm relatively transparent and easily located.  Most of the highly-rated or respected heavy hitters can find me.  I recommend that you put in place whatever safeguards you feel necessary to mitigate the possibility of fraud.  Again, I am willing to defer payment via escrow based on USPS proof-of-delivery (the tracking number will be shared with the escrow agent and yourself when the unit is shipped).

5) Is the price fixed?

I pulled this number out of reeses's arse.  However this price is fixed.
249  Economy / Marketplace / Re: BFL Single Order Date/Ship Date on: April 12, 2012, 04:35:04 PM
Interesting, 4 hours after I received a shipping notice, I got an email with the subject "Your parcel is expecting of receiving", and a virus attached)
How come, spammers are hooked directly to PayPal/USPS systems?
250  Bitcoin / Development & Technical Discussion / Re: Bounty proposal for a Bitcoin-based email to fight spam. on: April 10, 2012, 05:31:12 PM
Maybe this is a wrong thread, but I would like to have access to a bitcoin-based SMTP server. I am one of those dinosaurs that don't want to use web-based email. I'd pay something like 0.01BTC per email sent, provided there is no minimum amount to deposit. 1 BTC will last me through a year.
251  Other / Meta / Re: FPGA Subforum on: March 12, 2012, 05:08:34 AM
Quote
I also think FPGA as a subforum either under hardware or under the parent mining.

Wrong, that's GPUs that belong in parent mining (i.e. mining while parents pay for electricity).
252  Economy / Marketplace / Re: BFL Single Order Date/Ship Date on: March 09, 2012, 04:47:37 AM
Ordered: 2012.01.10
Shipped: 2012.04.12
253  Bitcoin / Development & Technical Discussion / Re: Date for 25 BTC per Block on: March 03, 2012, 02:19:30 PM
I too want date for 25 btc
254  Bitcoin / Pools / p2pool - Decentralized, Absolutely DoS-Proof, Pool Hopping-Proof Pool [archival] on: January 22, 2012, 08:15:09 PM
Even if the problem doesn't exist, it SEEMS to the unexperienced user that it exists.
If efficiency number isn't accurate, don't display it, as it scares people off, produces confusion, and prevents widespread adoption of p2pool.
255  Bitcoin / Pools / p2pool - Decentralized, Absolutely DoS-Proof, Pool Hopping-Proof Pool [archival] on: January 22, 2012, 07:48:07 PM
Nope, my miners works fine with regular pools.
And most of the time I see efficiency >110%.
But if I have 110%, some other guy (probably you) has 90%.

Are you refering to your efficiency number given by the pool or the miner?

Pool of course
256  Bitcoin / Pools / p2pool - Decentralized, Absolutely DoS-Proof, Pool Hopping-Proof Pool [archival] on: January 22, 2012, 07:27:51 PM
That own efficiency thing is confusing ...
I have seen numbers varying from 60% to 120% in that column.
And if I understand it correctly, if you have 60%, you will be getting 40% less BTC per GPU hash than an average miner on p2pool.
So 50% of people who see <100% efficiency, have an incentive to leave for a regular pool.
Those that remain will again compete against one another, and 50% of those will leave etc...

If your efficiency is that low, and it will take a day or two to level out, stated here https://en.bitcoin.it/wiki/P2Pool#Stales it's usually due to your miner or network configuration, which if not properly set up, doesn't matter what pool your mining on, your losing BTC.

Nope, my miners works fine with regular pools.
And most of the time I see efficiency >110%.
But if I have 110%, some other guy (probably you) has 90%.
257  Bitcoin / Pools / p2pool - Decentralized, Absolutely DoS-Proof, Pool Hopping-Proof Pool [archival] on: January 22, 2012, 06:42:39 PM
That own efficiency thing is confusing ...
I have seen numbers varying from 60% to 120% in that column.
And if I understand it correctly, if you have 60%, you will be getting 40% less BTC per GPU hash than an average miner on p2pool.
So 50% of people who see <100% efficiency, have an incentive to leave for a regular pool.
Those that remain will again compete against one another, and 50% of those will leave etc...
258  Bitcoin / Pools / p2pool - Decentralized, Absolutely DoS-Proof, Pool Hopping-Proof Pool [archival] on: January 22, 2012, 05:49:23 AM
Option "--datadir=" is needed, otherwise it's not working well with dropbox
259  Economy / Auctions / Re: Twitter Account with 3100 Followers on: January 20, 2012, 08:10:06 PM
what that account can be useful for?
a little pitching won't hurt sales )
260  Bitcoin / Project Development / Re: Electrum Unofficial Windows Builds on: January 08, 2012, 10:44:33 PM
workaround for copy&paste issue: go to C:\Users\<username>\AppData\Local\Electrum\ , open electrum.dat in notepad, find copy your address from there
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