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1  Bitcoin / Pools / Re: [300 TH] mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor/cjdns on: March 21, 2015, 10:48:18 PM
well gl all this block has killed me getting hot in AZ just sold all my miners may rent some hash if we ever complete this block but most likely just chalking up as loss  Cry Cry 450.00 in electricity and 5 btc in rentals no return sell miners for 1600.00 and call it a wash

That sounds painful man, hopefully this really does turn over soon and we knock a couple over quick.

spring is coming very soon (as I look out and see a 5 inch snowstorm here in NJ)

maybe in honer of spring we get back to back blocks.

The March equinox happens at the same moment across the world but is converted to local time. In 2015, it falls on March 20 at 6:45 P.M. EDT, 5:45 P.M. CDT, 4:45 P.M. MDT, and 3:45 P.M. PDT, for example.


so in 2 hours and change spring arrives.  I see these two blocks popping up within the next 36 hours. This can be a god send for us.

PERSEPHONE  please bail us out here.

To those that don't know she is the greek goddess of spring and for all us miners she is married to the Hades the god of the underworld.
I believe this will turn the tide very soon.

If she fails I will have to switch alliance to Dionysus   the greek god of wine and drown my sorrows with a bottle of wine tonight.

A toast to Dionysus!
2  Economy / Economics / Re: Money is an imaginary concept, but humanity is enslaved by it on: March 19, 2015, 09:19:55 AM
Lets just say if some people did not have money, they would be as useful as a wet tissue.

If I didn't have money, I could offer my skills to barter for other goods or services. This is what money fixes, it creates a field where everyone can play on.
The problem is when all your skills and what you have to offer gets automated by machines that are 100000% more efficient and cheaper than you.

Well not really, someone must make those machines. Someone must maintain those machines. The only reason we simplify these tasks is to move on to other tasks.
3  Bitcoin / Pools / Re: [300 TH] mmpool.org - 1.5% fee DGM/PPS - tx fees/vardiff/merge mine/tor/cjdns on: March 19, 2015, 09:18:36 AM
well gl all this block has killed me getting hot in AZ just sold all my miners may rent some hash if we ever complete this block but most likely just chalking up as loss  Cry Cry 450.00 in electricity and 5 btc in rentals no return sell miners for 1600.00 and call it a wash

That sounds painful man, hopefully this really does turn over soon and we knock a couple over quick.
4  Economy / Trading Discussion / Re: What is your trading strategy? on: March 19, 2015, 09:17:25 AM
There is no strategy or data to look at when trading bitcoin. It absolutely is not like trading stocks.
5  Bitcoin / Hardware / Re: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH on: March 19, 2015, 09:16:17 AM
I can almost afford one, except post will kill me, then the conversion will throw salt into the wounds.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] INCAKOIN NKA l The future is made of Inca Gold | Online wallet launched on: March 16, 2015, 06:53:09 AM
That sounds like an unfortunate series of events. Hope everything is well for them.

I've noticed issues with the Bitcoin wallet. It randomly annihilates my internet bandwidth. I have narrowed it down to the wallet as when I shut it down, it immediately resolves my issue.

I have not noticed any issue like this with Inka wallet.
7  Bitcoin / Pools / Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff on: March 16, 2015, 06:51:06 AM
In cgminer, there is a specific path and process of work from the pool to cgminer, to the device, back to cgminer and back to the pool again.
Bitmain messes with that process.
My first release I did of their S1 driver, I spent time fixing that process.
They ignored the changes.

So the simplest answer is to point out that what the Bitmain antminers show with their versions may not always be correct .......... on all their miners.

Thanks for the answer! Bitmain really ignored it? They have really been letting me down lately with all their sites being down due to DDoS, and now this, but that's life! My main reason for asking about it in the first place is because I was debating on trying solo mining, now I know it was a BUG (like an ANT  Wink ) and solo mining would pretty much be pointless for me.

~Mike

Bitmain messes up a lot of things. Every version of S3 firmware introduces some new problem. They are very sloppy in writing firmware and seem to not test it very well either.

I will have to agree, there is no consistency. It took me some time to find a stable firmware. Updating firmwares are always risky with any device, the less you do it, the better. I had to do this more than I would have liked.
8  Bitcoin / Bitcoin Discussion / Re: is this bad or good news? on: March 16, 2015, 06:48:42 AM
I really do believe that if Bitcoin was to die, it would have died a long time ago. Sure it might drop in price but this technology will be around a lot longer than you think.
9  Economy / Services / Re: ★☆★ Bitin.io » Instant Cryptocoin Exchange! » Accountless » Sig/Pm Campaign ★☆★ on: March 16, 2015, 06:47:32 AM
Lol he must have commented in the wrong campaign or logged into the wrong account!
10  Economy / Economics / Re: 3-5% daily decline trend is back on: March 15, 2015, 06:55:39 AM
I bought some BTC at the nice low point it was on. Its weird how it fluctuates so randomly when there are no real reasons in sight. I was trading some stocks the other day and had some first hand info of a penny share signing a new contract with a new company. I bought some shares at .05 a piece, the signing was made public on all exchanges and there was a 48% jump when the market closed.

The price fluctuations may seem random because there's no great or awful news out but really the price fluctuations are far from random and have very real reasons. The reasons are just more simple than you expect. It's all linked to supply and demand. If there are more people that want to buy bitcoin than want to sell it today they price will go up. If there are more people that want to sell than buy today the price will go down. The price will travel to an equilibrium between buyers and sellers. In fact, this is the only reason that drives price. Now positive or negative news can influence price, but not unless the news is significant enough to cause more buyers than sellers (or vice versa).

Here's some more information on the topic: http://futures.tradingcharts.com/learning/supply_and_demand.html

Yeah, essentially this is what it boils down to. If there was some new innovation with bitcoin, this could really pump up interest and the value.
11  Economy / Trading Discussion / Re: Are all Bitcoin Exchange connected to each other? on: March 15, 2015, 04:09:03 AM
When the water in the habour rises, all boats will rise.
12  Bitcoin / Pools / Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff on: March 14, 2015, 11:24:49 PM
The most blocks one of my S3 miners has found was about 6. I think something sets it off, I don't think it is always true.

13  Economy / Economics / Re: Local Startup Will Be Magic Bali Island Bitcoin. on: March 14, 2015, 07:17:50 AM
If you support drugs, child prostitution, women sexual abuse, by all means go for it. Rubbish country.
14  Economy / Economics / Re: Washington’s $210 Trillion Deficit on: March 14, 2015, 07:12:34 AM
That is a lot of dollar bills. Then theres Australia who is 40b deficit lol.

Obama doing a great job.
15  Economy / Economics / Re: Money is an imaginary concept, but humanity is enslaved by it on: March 14, 2015, 07:10:53 AM
Lets just say if some people did not have money, they would be as useful as a wet tissue.

If I didn't have money, I could offer my skills to barter for other goods or services. This is what money fixes, it creates a field where everyone can play on.
16  Economy / Economics / Re: 3-5% daily decline trend is back on: March 14, 2015, 07:09:25 AM
I bought some BTC at the nice low point it was on. Its weird how it fluctuates so randomly when there are no real reasons in sight. I was trading some stocks the other day and had some first hand info of a penny share signing a new contract with a new company. I bought some shares at .05 a piece, the signing was made public on all exchanges and there was a 48% jump when the market closed.
17  Bitcoin / Bitcoin Discussion / Re: Attack: if I change the genesis block. on: March 14, 2015, 07:05:17 AM
Is this where a 51% attack could make this plausible? 1 person broadcasting a block to the network would immediately be rejected but if 5100/10000(for example) broadcast the same fabricated block, this could fool the system, correct?
18  Bitcoin / Bitcoin Discussion / Re: [Updated] Choices for earning BTC interest on: March 14, 2015, 06:52:51 AM
I saw Chinese characters, Chinese web links, Chinese this and that. Immediately I think scam. Sorry, not a single one of my coins will EVER be held by anything in China.
19  Bitcoin / Bitcoin Discussion / Re: is this bad or good news? on: March 14, 2015, 06:50:50 AM
This kind of attention is good news. They cannot kill bitcoin or replace it. They can produce similar ideas but what could they do that will make ALL btc users throw away the wallet and move across? Bitcoin has extreme potential behind it. Like I saw someone said in a video I watched, if it can be coded then it can be done.
20  Economy / Service Discussion / Re: Coinbase vs. LocalBitcoins on: March 14, 2015, 06:47:36 AM
Some people will pay the premium price to maintain privacy. Although it baffles me when regular home users ask for so much ID on localbitcoins.
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