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1061  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: June 18, 2021, 05:01:57 PM
Smos works well for me

i'm fine with windows 7, but i won't recommend it. people should test and try, see if it will work well for them.

can you still even get drivers for modern GPUs for win7?

i know that when i installed an AMD 6700XT with the latest AMD win10 driver on my version 1709 of win10 (yes 4 year old install with updates disabled) it said my OS was too old to support the driver and the OS didnt see the new card (i had only nvidia 10x0 cards in it at the time).. . so even old versions of win10 are not supported by AMD anymore it seems.. so i had to update to win10 20H1 or whatever the latest win10 version was as of a couple months ago for the AMD driver to install and see the card.

personally i loved 7 but security wise i would really hesitate to use now it except as a last resort or something.
1062  Other / Serious discussion / Re: Can a poor man get his chance to be rich in Crypto? on: June 17, 2021, 05:20:24 PM
A poor person buying $100 in Bitcoin years ago would have made a lot of money. What happens is that being poor he could not have held the investment for long without selling. When he reached $10K, for example, he would have been tempted to sell, but he could always have sold only a part of it and continued to invest. Or think about getting another $100 to invest.

The one who has a rich mentality (the one who buys assets, who makes money work for him) ends up getting richer.

good take imo

i started with a single ~$300 USD video card mining btc back in 2011 (GPU mining BTC was big at that point, this was pre ASIC/FPGA). and yes i sold through the various levels very early on. hard to resist 10x or 100x gainz when youve never experienced it as one who has had very little money for a large portion of ones life (ie me). so a large chunk of my coins i sold at less than maybe $500 on average iirc. i mean i sold some at $10 very early and such and of late sold some at 62k but on average call it like $500. maybe im way off, dont care enough to check.

but obviously i did hold a reserve and was fortunate enough never to need to sell that to cover some catastrophe.

learn to be poor 1st, and youll pretty much know how to live if/when you become rich.
1063  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2021, 10:56:32 PM
if I have 10 cent power

.10 x 50kwatts = 5.00

or 5.00/14.30 x 38000 = 13286 bitcoin

so why the hash drop never mind that

5 cent power and an s17 means ½ or 6643 a bitcoin.

So no one with 5 cent power is going to shut off gear as he gets his btc at 6643
and no one with 10 cent power is going to shut off gear as he gets his btc at 13286

yet people are shutting down gear.


So naturally I will follow this.

For me it is a double edge sword. I am positioned to play it both ways. But I am trying to figure is it simple as the chinese gov flexing muscle. or are there more factors.

im behind on the china thing so maybe this is way off.. but anyway if this is related to that ban thing..

so if china outright bans mining that means that gear goes somewhere, assuming the gov doesnt just take it and mine for themselves. so with corruption etc gears gonna kinda diffuse through chinas borders via trucks, trunks of cars or tied under sheep as it aint gonna just sit around gathering dust. so how long to disappear and reappear some significant chunk of currently-in-china gear to mining friendly nations and get that missing hash back online?
1064  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2021, 09:38:34 PM
So diff and price are locked in a downwards trend.

What can break us out of this?

proudhon. where the fuck are you?

You rang?

yeah you are back!

40k+ by thursday morning Smiley

so, using maths and sciency thing type reasoning if proudhons mere typing of two words could cause a gain of over $1k in a day (its ~38.7k as i type) thats like 500 bucks a word!

proudhon.. we need a SPEECH.
1065  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2021, 06:56:43 PM
The first person to quote this post get to choose the new poll.

Go!  Grin

mememememe



Ps.. do I count as a "person"?  #justasking

well it does mention "person" and bots are not legally people yet are they? maybe R. JayJuanGee can research this more definitively?
1066  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 15, 2021, 01:21:49 PM
The solution is simple: Get your head frozen and have this tattoed on your forehead:

In this brain is the seed code for 10btc. Restore me to life and it is yours.

Then when bitcoin will buy entire planets whole civilizations will devote their best scientists to reviving your sorry ass. And when you are revived you give them the 10btc wallet code...

Then walk out with your 100btc wallet code still in your head. And into a bright new future.

It's pretty much foolproof: If bitcoin craters then who wants to be alive for that. And if the world is a crapsack world you just kill yourself again.

 ...after removing that tattoo from your forehead of course.


also assuming the lizards/humans/whatever is here thousands of years from now dont just go digging bodies up and running their brain through the Key-O-Matic-4000 Blend-Tastic and run the juice through their pocket sequencer and pull that seed from your brain juice. then dump the rest of your brain in the compost pile.
1067  Economy / Speculation / Re: Bitcoin will not be able to stay above $35k for 10 consecutive days ever again on: June 13, 2021, 03:51:32 PM
We did it! Reset those counters everyone!

again? do you know how much a good reset switch costs to replace when it wears out? even in bulk theyre expensive.
1068  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2021, 12:21:08 AM
i know one lid = one joint

OMG that's Cheech and Chong sized.

If you really need to use a whole ounce (28g) in a single doob you really need to find a better supplier.

nah just bigger parties
1069  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2021, 07:57:35 PM
I am having trouble concluding that a mere bouncing around $37k is largely not holding $37k...

How much confirmed maths and science do you know?

[...img snip...]


i know one lid = one joint, what more maths and science do i need to know??
1070  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2021, 10:34:12 AM
the builders thread:
https://bitcointalk.org/index.php?topic=5314398.0

these cheap nodes that mine at a small profit can be in 10 thousand homes.

building a super node with 32mb blocks would mean using 8tb ssds in arrays

you would need more than 300mb internet speed.

I loaded a node/wallet on a thread ripper about 18 months ago

used a threadripper 3970 with 128gb ram

used 200mb internet and a 2tb nvme m.2 ssd

took 2 hours to synch it.

the time was 2 hours due to a 100mb switch I downloaded at a constant 80-90mb. it was about 300gb

but if we had a 32mb block thread it would be 16x the size
take 32 hours to download
and use 4.8tb

if it were a 96mb block
it takes 96 hours to download

and use 13.4tb

so that would mean at least two 8tb ssds in an array to give 16tb
maybe the 2000 usd threadripper the 3970 is good enough
maybe the 128gb ram is enough.

but I would need to have built a 9 k rig to do a node.

i dont need my full node (which i use purely for validating my own transactions) to run on a rPi, but it at least needs to be able to run on a (probably beefy) commodity computer and be able to sync from scratch in a reasonable time. so i dont mind needing a 3-4k (or even 10k) computer to run a node purely for my own verification, but once you need business class internet and seriously potent server gear thats when i have issues. i will need to trust other nodes at that point. SPV clients have thier place but not as my main check for my transactions and balances. i suppose spinning up AWS type stuff for a personal verification node is a possibility but that seems drastic and likely expensive plus i like my gear in house.

blocks at its current size may have issues but they work for me at this point and thats good enough for now. high fees at the moment? pay up, wait, or go home: pretty simple. ill wait for the bulging brains types to figure the best way forward.

edit: slow and steady. this is Prod after all. i like my coin STABLE. let the alts blow up their blockchains. believe me its nice to have paper wallets from 2011 that are as safe and usable as the day i printed them. cant say that for a lot (likely most) shitcoins from back in the day, or even more recent ones.
1071  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 11, 2021, 12:24:41 AM
ok so i am wearing my honey badger tshirt from back in the day. like, way back in the day. and its been years since i wore it.

so i expect big things, naturally. while i do not think me wearing it will trigger a "face melting" price event i have duct taped my face in place, just in case.

JJG how does this rate in the "top 50 stupid things" list and any tips on how to get on it?
1072  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 10:46:45 PM
Regarding ASIC mining, I have fond memories of backing Butterfly labs in 2013 even when most users in this forum had doubts, they eventually pulled through producing the first ASIC ever made after several delays, though the controversy was wild to say the least. I wasn't just a miner back then, had an online shop selling modchips for game consoles  accepting Bitcoin since 2011 (so it wasn't just alpaca socks).

Did they actually ever get that out? I know their FPGA made it but I remember all sorts of drama with fake demos and some fuss with Inaba when it came to the ASIC.

avalon had the 1st ASIC miner.

bfl did eventually deliver their asics, very very late and seemingly delivered mainly by carrier pigeons. i have one of their FPGAs and a couple SC series.


made out on the FPGA, not so much on the ASICs.
1073  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 08:44:25 PM
Actually I believe it has been proven that Satoshi mined on custom fpga's.

sorry no link

this proves I sometimes wade through your massive posts JJG.

i believe he did know that gpus could hash, in fact i think he requested that programmers hold off on GPU hashing until the network got more established.

i dont recall him mentioning anything about ASICSs, at least as we know them today.

1074  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 10, 2021, 07:34:44 PM

-1 WO for that.

-2 WO for that one.. 


nope

it has already been established that WOsMerit's are completely fungible...there will be no demeriting

you are of course free to burn any awarded WOsMerit's thereby reducing the amounts in circulation and potentially increasing their value

wait.. theres a BURN ADDY (or forum account number perhaps) that we can send merits to and be burnt? like if i want to merit JJG but am in a bad mood i can send a merit meant for him to a NULL type account?

maybe we need a user named "merit burn" (or whatever) setup by theymos and its has but one  post labeled BURN MERITS HERE in some section. you merit that post to burn them and explain why in thje thread.

so. theres my totally stupid thought for the day. more to come of course.
1075  Economy / Speculation / Re: Who were the morons that bought 60k bitcoin? on: June 10, 2021, 12:00:47 AM
I am pretty sure nobody sold their BTC at $60K. People either sold some at $20K or $25K or $50K. People were probably going to sell at $75K or $100K. Same like in 2017 nobody sold at $19.9K because they wanted to sell at $20K

It’s difficult to predict a top whether $64K was a top or not. Either way. Most people shouldn’t of been buying Bitcoin at $64K anyways. They should of either bought it during the bear market at $6K or maybe after it broke $10K or maybe after $20K ATH was breached. Longing tops is never smart.


I sold some  at 60 k +

same, sold at up to ~62k and wasnt trying to time anything, its just what my ladder was set at. i think ~65k was next on the sell ladder then. i still have others beyond that cuz well honey badger.



1076  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2021, 11:41:11 PM
ok, look man, all these bigly words and 6 dimensional charts and geopolitical jawing and mathematical terms i just only vaguely remember from high school...

im mean come on, lets get with the real serious question

"please sir when rich?"

thank you for your attention to this matter.
1077  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 09, 2021, 12:09:14 AM
accounts). I thought there had been some discussion on these hallowed pages about BlockFi in the past, or perhaps it was something similar, but a quick search came up with only the above discussion.  Which led me to have a few questions...

1. keeping in mind the obvious mantra of 'not your keys, not your coins' and considering the risk of such DeFi groups going under, I was wondering what WOers think of putting a small percentage of your coins into such an interest bearing account?

gemini offers currently 7.4% on their pegged gemini dollar (GUSD) Earn thingie and 2.05% on the BTC version. a quick look mentions its DeFi based and you more or less assume the risk even though coinbase does vett the party used. so they say. you allocate some/all of your BTC/GUSD/whatever to Earn and let it do its thing. it can take a few days to pull it out however.

i tossed some into it to see what happens.
1078  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2021, 01:32:35 PM
It's been over 10 years, but it's wild to finally see the confirmed end of bitcoin play out in real time. What should we do now?

been taking voice lessons for when "scream like a little girl" mode is needed. i must say i think its made a big improvement on my scream. i think im ready.
1079  Economy / Speculation / Re: Bitcoin, I salute your final ATH. on: June 07, 2021, 03:32:24 PM
The first few pages of this thread are people in this topic, they were the Bitcoin OGs, the lucky buyers and HODLers of a 4-digit Bitcoin, https://bitcointalk.org/index.php?topic=375643.0

Why do they “hate” Bitcoin? These are familiar names, the same names who are currently trolling us today, names who, I believe, might have sold the lows of 2015. Haha.

Can anyone confirm these sauces? buying 4-digit Bitcoin seems highly suspicious.

well confirmed by maths and science, kinda. for what its worth.

https://bitcointalk.org/index.php?topic=87408.msg961086#msg961086

Who has the highest BTC balance?  Not me.  I've got more than 1000 but less than 4000.
1080  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: June 06, 2021, 11:44:08 AM
glad to hear the wife is doing well! and i hope your covid problems are easily treatable.

i had mined a bunch of eth for about the last year and mainly just sat on it. unloaded a good chunk of it for fiat near enough that recent high to be happy and basically now just trade it for btc as i mine it.
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