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41  Economy / Speculation / Re: Which happens 1st: over 5 dollars or under 4 dollars? on: December 20, 2011, 06:08:04 AM
The hoarder in me wants to see it jump and jump quickly to double digit numbers, but the trader in me wants to see the current level of volatility continue... but between $3.50 and $4.50... Wink
42  Economy / Speculation / Re: My last Warning to the Bears on: December 20, 2011, 05:43:11 AM
I must admit, watching this rally pan out has been very entertaining. Going from $4 to $4.50 and back down all within 30 minutes. I'm disappointed I didn't put any coin into the rally and sell around that $4.50 sell wall. Entertaining nonetheless... Smiley
You can't buy and sell as fast as the bots, trust me Cheesy.

EDIT: My point here is that it's better to just STAY IN!
True enough, though I saw it coming to that wall pretty quick, I had time to throw a couple hundred BTC down around $4.45. Not going to microtrade like the bots are, but I'm sure given that nearly 3000 BTC were moved around that $4.50 wall, I could have easily moved them. Coulda, woulda, shoulda... I still have all my coins in my wallet.
43  Economy / Speculation / Re: My last Warning to the Bears on: December 20, 2011, 05:33:52 AM
I must admit, watching this rally pan out has been very entertaining. Going from $4 to $4.50 and back down all within 30 minutes. I'm disappointed I didn't put any coin into the rally and sell around that $4.50 sell wall. Entertaining nonetheless... Smiley
44  Bitcoin / Pools / Re: [1014 GH/s 0% fee SMPPS] ArsBitcoin mining pool! Come join us! on: December 05, 2011, 04:58:16 PM
Wasn't paying attention to the mining on Ars this weekend, though I did notice that I earned crap last night. On the positive side, I'm now a top 20 miner at the moment... Smiley

I fear change! If I keep earning crap, then I'll probably move elsewhere (like back to Slush or something).
45  Bitcoin / Pools / Re: [880 GH/s 0% fee SMPPS] ArsBitcoin mining pool! Come join us! on: November 01, 2011, 03:19:39 PM
Yeah Ars with MM would be an awesome pool.
+1

I generally jump between Slush and Ars, but I'm usually on Slush when it isn't down. Merged mining might keep me at Ars until it goes down for some reason. At the moment, I'm keeping an eye on Slush and will point all my miners back there when it is online. If it wasn't for merged mining, then I wouldn't care as much.
46  Bitcoin / Pools / Re: [1400 GH/s] Slush's Pool (mining.bitcoin.cz); Now LP&Ntime, NMC merged mining on: October 19, 2011, 04:22:36 PM
Pool seems to be down.
47  Bitcoin / Pools / Re: [800 GH/s 0% fee SMPPS] ArsBitcoin mining pool! Come join us! on: October 13, 2011, 04:07:28 PM
Yup. Just got in this morning and found my miners having connection problems. Can't get at the site either.
48  Bitcoin / Pools / Re: [1400 GH/s] Slush's Pool (mining.bitcoin.cz); with LP&Ntime, NMC Merged Mining on: October 12, 2011, 09:35:47 PM
DeepBit is usually my backup pool as well. I just jumped over to Ars.
49  Bitcoin / Mining / Re: When is it time to solo? on: September 27, 2011, 06:08:25 AM
I've been mining with Slush for about 4 months now and have not found even a single block.  I understand that luck is part of the game, and there is no guarantee of finding a block ever, but at some point, one has to be on the upper end of the probability scale for finding a block, and it becomes worth it to solo mine until that block is found, and then get back on a pool.

There is no increasing chance.

Each chance is completely independent of all the last chances.  Think of it as a lottery.  Each hash is a new lottery ticket.   You don't build any "equity" toward finding a block.  You either win or you don't.  The losing hash/ticket has absolutely no value an doesn't help you increase you chance of winning on the next hash/ticket.

Your chance of finding a block is based on difficulty.  The only metric for deciding to go solo would be hashing power and how long you are willing to go between finding blocks.  

With 10GH/s you have a decent chance of finding at least one block per month but occasionally you may go 2,3,4 or more months before finding a block.  Personally I wouldn't solo mine even w/ 10GH/s at current difficulty.  The 1%-3% you pay a pool is worth it for more consistent revenue.

With 25GH/s you have a 90% chance of finding at least one blocker month (of course that means you have roughly 1% chance of not finding ANY blocks in 3+ months even w/ 25GH/s).  Since my electric bill comes once a month that is the minimum amount of hashing power I would consider for solo mining.  If my electricity was free I might consider solo mining with less hashing power.

While I completely agree and already knew this, my statement was based more upon the gamblers fallacy than what it actually is. When left long enough, I eventually do find blocks. I just happen to have found enough blocks to give me a 4x payout from what I already have if I were to solo. I understand that I could have just as easily found no blocks, and still have 2 computers that haven't found anything yet. I had a system with 1 GPU in it find 2 blocks before my 4 GPU rig found 1.
50  Bitcoin / Mining / Re: Is there a difficulty chart anywhere? "bitcoin.sipa.be" is dead. on: September 26, 2011, 07:35:00 PM
It tends to be up and down periodically. I've just checked and it is up.
51  Bitcoin / Mining / Re: When is it time to solo? on: September 26, 2011, 06:47:09 PM
I've been in a pool with 3.2GH, and have mined about 125 BTC since I started, however... I've also found 8 correct hashes according to the pool. Maybe I should have just went solo. Only 2 of my 5 machines have not discovered the correct hash yet.
52  Economy / Goods / Re: Testing the waters on: September 23, 2011, 04:41:48 PM
If this computer shop is Memory Express... I'm in as I already have a good relationship with the company (bought a bunch of GPUs from them for mining). I'm more interested in local as I'm in the Calgary area. I'd be more than happy to do business with them in BTC.
53  Economy / Goods / Re: BTC for Food on: September 22, 2011, 08:52:16 PM
It's stupid... but it is one of those things where a bureaucrat sees is study showing a risk of bad things, and legislates against it for the simple reason that because he was made aware of the risk, IF someone chokes and dies, does he want to be the bureaucrat held accountable for it for knowingly refusing to implement legislation to mitigate that risk? Given the fact that people in the US sue more people for more things than pretty much any other country, you know there will be a witch hunt, and it will come back to that guy that said, "No... this legislation is stupid" and bite him in the ass to the tune of $1m and his job. And that's just how it is...   Roll Eyes

On topic though, it's cool to see that some basic necessities are starting to be traded for BTC. I haven't bought anything using BTC... yet... since I am waiting for prices to stabilize a bit (or at least go up in value), since the bitcoins I personally have were bought with cash. At the value I bought them for, I could have done a whole grocery run... now I can barely get a bucket of KFC for it... Smiley
54  Economy / Currency exchange / Re: The Reliable Paypal buyers / sellers reputation thread on: September 22, 2011, 05:23:23 PM
A reputable buyer will only send you a paypal payment as a gift so chargebacks are pretty much impossible, otherwise don't do it.
Not impossible. I had sent through Paypal simply as money owed (which I assumed was not much different than a gift). When I discovered I was being scammed, I phoned Paypal and got elevated to a representative that dealt in these matters. I explained the situation to him and then a dispute was filed. I wasn't able to file a dispute through the website because of the way I sent the money, but one of Paypal's representatives understood the situation and opened the dispute. The money was recently charged back.

Because I was able to do this, it wouldn't surprise me that someone good at social engineering could do the same, though it did go in my favor simply because the other party didn't respond to my dispute (just like every other email and PM I sent them). Don't think a chargeback is not possible regardless of how the paypal transaction is made. I would like to believe the paypal dispute process is fair, so I would suggest that when doing a paypal transaction, make sure all records of conversations are available with a transaction agreement (I'm sure someone here might have a boilerplate agreement), in case a chargeback is made. This way, you can provide proof that a transaction was made, the conversations involved in the transaction and an agreement to the transaction so that you can provide evidence beyond reasonable doubt that a proper transaction took place.
55  Economy / Marketplace / Re: Hollie/Ninja/Stefanie Andrea/SHlFT/Pearikay scammers on: September 22, 2011, 05:07:33 PM
Just a note that my $300 paypal transaction with Ninja/Hollie did get reversed in my favor by Paypal. If there are any users trying to get quick money via paypal, raise your red flag. This user should be put under the strictest scrutiny.
56  Economy / Goods / Re: BTC for Food on: September 22, 2011, 03:51:12 PM
Cool Site!

Can you get Kinder Chocolates? Especially the Kinder Eggs and Kinder Joy. Also the Beuno Bars  Cheesy
Love em!

The eggs aren't available in the usa, sucks

Thanks!

Charlie

The eggs are ILLEGAL in the US, which sucks even more. You can get your eggs confiscated and have to pay large fines for having them. Other Kinder products are fine, and almost as delicious. But not as much fun.  Sad

They still sell these in Canada must be something bad.
I believe they are illegal because the FDA forbids toys being sold with food or something along those lines. Nothing wrong with the egg itself, but the fact that it is sold with a toy inside is apparently what makes it illegal.
57  Economy / Marketplace / Re: Fake MtGox site on: September 08, 2011, 04:29:19 PM
I noticed a warning that Chrome gave me as well about a javascript wanting to execute. The obvious answer to me was "hell no". If it is a trojan, I'm guessing it may steal my bitcoin wallet.
58  Economy / Goods / Re: BRAND NEW HP TOUCHPAD!!! STILL IN SEALED BOX on: September 07, 2011, 03:05:57 PM
Well, looks like all the users that have messaged me re: buying MtGox USD for paypal USD are now listed in this thread.

  • Ninja/Hollie I actually did make a transaction with and am now in appeals with Paypal to reverse the transaction
  • Stefanie Andrea offered but I declined both because I was currently trying to resolve Ninja/Hollie, and the transaction would take longer than I liked
  • Pearikay messaged the following day asking if I was still looking to buy MtGox USD. I declined citing that I was being scammed by Ninja/Hollie. I also received a PM out of the blue from this user just staating, "Hello", to which I responded... "Hi"
As mentioned, I'm still in dispute with Paypal on the Ninja/Hollie/Jung/Yung Whitley account. For some reason Paypal had closed the case without communication from either party and went ahead and deducted my credit card for $300 USD (I even put a stop payment through my bank to prevent the transaction from taking place). I opened an appeal with Paypal on the transaction as I'm now still out the $300 plus the $10 it cost me to put a stop payment on the transaction. If this drags out, then I'll probably be looking at interest on the $300 as well.
59  Economy / Goods / Re: BRAND NEW HP TOUCHPAD!!! STILL IN SEALED BOX on: September 06, 2011, 04:52:06 PM
I haven't seen any evidence that the Paypal Stefanie use (Jung Whitley) is the same Paypal account Hollie/Ninja accepted funds at. So far it's just hearsay. It could be true. I  just haven't seen any evidence.
It is. I've had dealings with Ninja/Hollie and sent payment to that address, and I can also confirm that the name was Jung Whitley before being changed to Yung Whitley.
60  Economy / Goods / Re: BRAND NEW HP TOUCHPAD!!! STILL IN SEALED BOX on: August 31, 2011, 09:14:40 PM
Since I gave Ninja/Hollie till today to respond before I essentially slander them and haven't heard back from him/her...

Our transaction was to purchase $300 in MtGox USD via Paypal. Ninja/Hollie offered to do the trasnaction in 2 stages stating that they had $800 in MtGox. A $300 transaction, and a $450 transaction, as I was looking to do a $750 purchase of MtGox USD, relatively inexpensively.

After I sent the money, all communication ceased. I sent a PM a day, then started sending to email addresses (the Paypal Address associated with Jung Whitley) and the email in their profile. I heard no response from either. Immediately, I checked my bank account to make sure payment was not completed and put a stop payment for the CDN equivalent of the transaction from Paypal, and called Paypal directly to dispute the transaction. Paypal now has a hold on that $300 in Jung's account, and they are waiting for them to respond to the claim.

After sending the Paypal transaction, I got a PM from Stefanie Andrea, but the desire to make a transaction wasn't so imminent. I'll leave it at that as I am not 100% certain if Stefanie Andrea is Ninja/Hollie or not, so I don't want to completely implicate that user as being associated, but since many people are drawing lines between the 2 users, I figure it justified a mention.

So far, I'm not out the $300, but it did cost $10 to put the stop payment on the transaction through the bank, so that is about all the ordeal cost me.
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