I tried doing a 40000 share purchase for the hell of it when they were at 0.0000287 the other day - pointed it at eclipseMC, happened to get fairly good luck and made my coins back + 50%. Also, on a 40000 share purchase gpumax actually delivered over 50000:  |
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About how long do share purchases take to be fulfilled at the normal rate?
Someone at GPUMax has to start them manually, after which it should be pretty quick, you're looking at anywhere from 100-600Ghash/s pointed at the pool of your choice. |
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Not likely HKiQixVdrQzxDK1dNBlEfsZml9+f68zDsChKM+ds7TC1f3L/OUHv7A1WF96UcX17fnN7Io54iETl1VXX0irT0yg= (for clarity, this was a joke, it cost me 0.3BTC to make it and I've found this whole thread deeply entertaining). Myth busted. |
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Wow, somebody at Linode really is making a fortune from Bitcoin  Linode's stolen what? 80K BTC? About $800k? Not bad. |
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Maybe he is typing up the excuse not to pay. Or deciding it is time to walk away from bitcoin.
That occurred to me too......if matthew loses and actually pays out, is he going to walk away from bitcoin alltogether? I think, given the situation, I would just cash out and move on with life (albeit a couple hundred grand poorer, and with one hell of a story). Maybe he'll try to rebuild though, so who knows? So what's the plan if you lose, matthew? Edit: what's the total up to now? Why would he pay out if he was going to leave anyway. If he won, he'd get the equivalent of a small lottery win. If he lost, he walks away or gets a scammer tag on a geek forum. It's not a bad strategy. |
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That's pretty awesome. Have you bought anything cool with the interest you've taken out in the last few weeks?
yes, i compunded it back. turning into an even bigger deposit. isnt that cool?  It's really strange, you're a smart kid, like you understand the concepts of cryptography really well, you can do some nifty Chrome plugins etc. and yet you think this, I don't understand, is it like a mental blind spot for you?
This is public knowledge. There was massive drama about my not giving Nefario my ID cuz he said he was going to give it to the police.
I think you miss-remembered or miss-interpreted something I had said, it's never been my position to give any ID to anyone outside GLBSE and I've said as much. We've gone to great lengths to make it difficult to impossible for law enforcement to make us do so through the use of cryptography. Also GLBSE will only have to follow AML rules if we're required to register as a financial institution, which would also mean that other regulations apply. All we need comply with is the 1998 data protection act which prevents us giving out our users information. You said at the time you would make my personal info public if you thought I was a scammer. This was when you were trying to shut down my BTCST account because you thought I was a scammer. It's all public record. So I did not send you the ID :/ I think you panicked and over reacted but I remember this just fine... I don't see what the need is for to store the IDs, even if it is encrypted. Check the information then destroy the documents. When I buy a beer they don't keep my ID on file. When you buy a beer you're not selling a few hundred grand's worth of bonds, either. |
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Sweet, don't live anywhere nearby but it's good to see.
Are you guys using bit-pay or what?
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took me about 6 month now ..... i got it today. Im not sure if we should use this ..... since its a prirate ops.....
illl test it a bit, to give it a chance.
Question:
isn't gpumax bad for bitcoin; like big pools (Deebit)?
Centralisation of Hashing power ?
I'd say no, given that anything can be set as a private pool and purchases can now be directed anywhere... |
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I was hoping for a few good final months before ASICs arrived, because I expected people to ditch their GPU farms while they still can get a decent price for them. I mean, good luck selling your GPUs in november or whenever these asics hit.
Why do you feel the used GPU market will suddenly crash? There are a LOT more gamers out there than there are miners. I would be surprised if there was more than 1-4 people GPU mining in a given city of 100k or so. I could be wrong though, but i'd be surprised if I was. If we assume that there's ~15Thash/s of GPU mining online currently (I suspect it's probably lower than that given how much hardware BFL and the other FPGA manufacturers have shipped) that would be: ~50,000 ATI 5830s Or ~25,000 7970s Or ~20,000 5970s So it's not an inconsiderable amount of GPUs either way. |
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Has anyone found a way to get the mine_lp function to work properly? Currently if I have deepbit enabled on mine_lp I end up hopping to deepbit every time a block is found, regardless of who finds it.
Using Bithopper 0.316 as it has the nice cfg files for editing still.
There's a tip in it for anyone who can fix this...
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Actually I think I'm still stuck in here too... eh, its like my own Private Idaho.
You need to be online and "logged in" which I think practically requires you to click something every hour, for a certain amount of time. Mine is getting just scary: "Total time logged in: 10 days, 5 hours and 23 minutes." |
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I do love how this has gone from being the "Dank Bank" thread to the "Trolling Rarity is fucking hilarious" thread.
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Anyone else seeing absolutely tiny amounts of public work? I think I've had about 100 public shares in the past 48 hours.
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The number is rising. Yep. But your interpretation of the contract is merely a technicality; everyone knows that a better wording might have been "each bond represents 1 BTC of BS&T debt" or whatever. Goat can sell up to 40K and still be able to pay back when pirate does.
Merely a technicality - of course  I'm dying to see if any court would share your opinion. If pirate does pay out anyone except Goat - oh, it'd just be be such a great show to watch... I don't think that's a scenario we'll have to worry about in the first place. Pirate at least still promises to pay back all the deposits, together with up to date 7%/week interest. Oh well that's okay then. |
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Nearly 15 million shares on this block what is the record share on 1 block? current block 19 174 984 share  This is the longest round I've ever seen, and we're at a CDF 99.96% on the stats. |
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Not bad! I'm holding a few of your shares, 2.3% per week for a scheme that's not an elaborate ponzi is pretty good! By the by, what do you think of this: https://bitcointalk.org/index.php?topic=79637.msg1157524#msg1157524Could be worth acquiring one or two to reduce your exposure to rising difficulty post-ASIC? @ $1069 each a 205BTC share issue would get two of them pre-ordered, 263Mhash/s per BTC looks pretty nice from here  2.3% a week is about to half. When we start recieving our BFL asics, its gonna be crazy high thu Those are sweet! Just ordered one for the company! Now the company owes me around 80 btc. I'll have to do the math later . We are still in IPO. As the funds from new investors come in we purchase equipment. Only 542 of the initial 5250 shares have been sold to date. Cool, well I just bought up another 10BTC worth of shares |
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Nearly 15 million shares on this block |
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I'm in London for the month so will be hitting up the FSA to register GLBSE if they'll let me, I don't believe they will.
any progress? Im not long after arriving, and my laptop was DOA so had to get another one and restore my backup, which has taken some time. So no update on this and I don't think there will be until sometime next week. Any possibility of negative ramifications and the like arising from this? I imagine they'll hit you with AML requirements for a start... |
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I'm currently investigating the possibility of getting help from others to implement PPLNS - as you may notice that my attempts have failed and/or been so heavily delayed. There is still plans for this, don't give up yet! I must also apologize for the people that have sent e-mails to us during the summer, all of them should have got replies now - but I'm truly sorry that it took so long for some of them to get replies. My top priority for Bit LC Inc. / https://www.bitlc.net/ right now is PPLNS, trust me on that one. -- Regards, Jim Bit LC Inc. jim@bitlc.netIs there some reason why the pool's totally down at present? |
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Alright, so for those of you who have been using gpumax the past couple of days, have you been getting paid?
I'm ready to start using it again if everyone's getting paid nightly.
I have, but I've had almost no public work, despite my lowest-priced workers being waaaaaaay below the strike price. |
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