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1821  Bitcoin / Bitcoin Discussion / Re: Marketing Agency Uses Homeless As Wi-Fi Hotspots on: March 12, 2012, 09:38:15 PM
Boy, did I have an excellent idea after viewing this: http://www.ted.com/talks/morgan_spurlock_the_greatest_ted_talk_ever_sold.html

Then discovered that one of Matthew's cousin already stole the idea from me: http://www.bumvertising.com/

Therefore, I needed to brainfart a hybrid idea.

1. Normal Bum Sign
2. Ad Sign
3. Free WiFi Hotspot
4. Rinse/Repeat
5. Profit



Wow....now let's get some bums to advertise bitcoin! lol
1822  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] Litecoin Windows gadget which displays LTC and currency amounts on: March 12, 2012, 08:41:04 PM
Nice GUI  Grin
1823  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC GPU Miner Source Code Reward Thread on: March 12, 2012, 08:12:21 PM
Anyone GPU mining LTC with a 6990?

What kind of hash rates you getting?
1824  Economy / Speculation / Re: I think we're in a bull trap after all on: March 12, 2012, 06:35:39 PM


If this was really a reversal, I believe it should have taken out $6 within a week or two of hitting $4.50, and I think that's what's driving the "must buy now!!" desperation typical of people realizing they're caught in a bull trap. Judging from this graph, $3.5 still looks like a good whip target (log scale...wherever that little orange flat arrow is hitting...maybe $4).

I believe we're in a stalemate because there are still too many bears, and an equal number of people believe it's the upwards reversal too soon. This is my attempt at persuading some bulls to become temporary bears and profit from the new imbalance in the short term, both because I also want to profit, and because I want to sleep sometime this month. Going from the charts, every day that the price doesn't rise to $6 increases the likelihood of a short term snap downwards, based on low volume, bearish RSI, weak MACD, and the magnet that is the SMA200. Volume is insanely low today, and I'm offering an alternative viewpoint which may resonate with you.

There was an attempted rally yesterday which was stopped flat before it even got to $5, and continued trending ever so slowly downwards. As always, draw your own conclusions from this and my post.

Your analysis is based on four previous bull runs up. That is hardly a "standard" to be using as a measuring stick of what should happen with the price. Remember that when those to previous moves happened the bitcoin community was about 1/5 of what it is now.
1825  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC GPU Miner Source Code Reward Thread on: March 12, 2012, 06:16:47 PM
Wait are the speeds being listed as actual speeds of running litecoin and its scrypt algorithm?

If so then the network hashrate should be jumpin sky high right now.

Please clarify...

thanks Grin
1826  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: March 10, 2012, 02:01:38 AM
Being a fork of bitcoin, most of job is to import its improvements, and add support for mining gui with capability of p2p.

I disagree, merchant acceptance can't be ported over from bitcoin by pressing the "import" button.

That is a huge part of the success of a currency. How many people accept it as a medium of exchange.
1827  Economy / Economics / Re: If JP Morgan and Goldman Sachs owned 80% of the entire Bitcoin mining power.. on: March 10, 2012, 01:52:08 AM
JP Morgan and Goldman Sachs probably wouldn't be very good at running a network that actually requires honest hardworking engineers. Lawyers and scam artists wouldn't be very good at defending against DoS attacks.


+1
1828  Economy / Speculation / Re: This might be the end of the correction on: March 10, 2012, 01:29:27 AM
The correction is going to end tonight, and it'll be to the upside in a BIG way.
Grin Cheesy Wink

this weekend will be the last chance to get coins below 4.9

I plan to load the boat at 4.75, If we get that low.



VISUALIZE: "loading the boat with bitcoins"........must be a virtual boat too! haha Grin
1829  Alternate cryptocurrencies / Altcoin Discussion / Re: artforz and coblee gpu mining litecoin since the start? on: March 09, 2012, 11:23:54 PM
Golly, that sure ups the old impression of just how mature you are psy old sport. Could you not throw in a couple of neener neeners to really make yourself sound like a complete 6 year old little crybaby?

Nah, my friend, that spot, unfortunately, is already yours. No way I could steal it from you... Roll Eyes

LoupGaroux, I should probably inform you that Psy is rubber, and you are glue. That which bounces off him will only stick to you. You can't win.

Cancer survivors better LOOK OUT! Psy is on the prowl and doesn't need your shit!

He doesn't need our shit because he is OUR shit. LOL
1830  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mention on Alex Jones today. Environmental Dangers of Gold Mining on: March 09, 2012, 10:31:42 PM
While Electricity Cost < Block Value, miners will keep adding more and more mining power, be it FPGA or whatever, until Electricity Cost = Block Value. Basically, miners will keep adding mining power as long as it's profitable. So the only thing FPGA boards will do is increase the difficulty, not save on power wasted.

It's not actually "Electricy cost = Block value", it's "Electricity cost + amortized hardware costs = Block value". As hardware becomes more energy efficient more money will be spent buying the hardware and less will be spent buying electricity.

Actually the equation is more like "Electricity cost + amortized hardware costs + time wasted replying to posts on this forum like this one = Block value"
1831  Economy / Trading Discussion / Re: betco.in's a ghost town now? on: March 09, 2012, 10:21:51 PM
It would be wise to do your research first before sending BTC anywhere.

Just a wise thought...
1832  Alternate cryptocurrencies / Altcoin Discussion / Re: artforz and coblee gpu mining litecoin since the start? on: March 09, 2012, 07:18:27 PM
Oh come on, and just tell everybody you sent a dead fish.

As a complete aside... this is also a really fun payback for a bank that you have issues with... rent a safe deposit box for a month, deposit a nice frozen fish in your box, in three weeks sit back and wait for the hazmat team to show to figure out the smell.

You my friend are a pleasantly, but seriously disturbed individual  Wink

Just sent her some transcripts showing her how her husband behaves online. The main purpose was to put a real world touch that CH could feel.

Nice Touch!  Wink
1833  Economy / Marketplace / Re: Pizza for bitcoins? on: March 09, 2012, 03:01:05 AM
WRITE A STORY ABOUT HOW HE PAYED $18,000 FOR SOME PIZZA
Dude! what the hell was the value of coins when you traded Ten Thousand Coins, for some pizza!!!!!
Thats $18,000Usd in todays market!!!!

April 24th 2011

This story will have to have built-in inflation for the numbers because now that pizza is worth about $50,000 down from $300,000 at BTC High of $30
1834  Economy / Marketplace / Re: Pizza for bitcoins? on: March 09, 2012, 02:57:49 AM
Perspective -- this is an image from Las's server. I assume it was his balance ~June 2010 by the modified date.



... So don't make fun of him too much -- it's quite possible he's a very, very wealthy fellow right now. Wink


Wow 34k bitcoins. I do salute the fellow.
1835  Economy / Economics / Re: Bitcoin Failure is likely on: March 09, 2012, 02:54:40 AM
Weren't Bitcoins worth like $0.50 in March of 2011?  Bet he's sorry he didn't buy a bunch up at that time...

LOL I concur! Grin
1836  Bitcoin / Meetups / Re: Bitcoin Conference 2012- London on: March 09, 2012, 02:41:15 AM
This conference will occur around the time the bitcoin block reward halves. Grin
1837  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: March 09, 2012, 01:27:41 AM
Quote
coblee authored 3 months ago
Looks like dead project, as we already seen many times (examples are TBX/FBX/IXC etc.). Sad

It's not dead. I'm still working on it. If anyone wants to help, please let me know.


What exactly are you working on concerning litecoin?

Merchant acceptance?

Security?

Usability?
1838  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mention on Alex Jones today. Environmental Dangers of Gold Mining on: March 08, 2012, 11:44:27 PM
I didnt even put two and two together about the gold mining thing. So yeah I was more focused on Alex supporting bitcoin the idea not because gold mining is bad for the environment.
1839  Bitcoin / Bitcoin Discussion / Re: Bitcoin Mention on Alex Jones today. Environmental Dangers of Gold Mining on: March 08, 2012, 11:43:26 PM
As much as I would like to see Alex Jones endorse Bitcoin... the reality is that it probably isn't going to happen.  His largest sponsor is a gold dealer.  And calling in to argue for Bitcoin with "environmentalism" definitely isn't the best approach.  Honestly, I'm not really sure what you're trying to accomplish with this.

It's call PR.

Alex doesn't have to endorse bitcoin for bitcoin to be successful. I think it will be successful without his support. He'll just accelerate that pace.

It's a rebelous system, bitcoin, and Alex is all about being rebellious to the status quo.
1840  Other / Meta / Re: [ATTN MODERATOR/WEBMASTER] Website Certificate Expired on: March 08, 2012, 11:36:06 PM
Please update your website certificate. It appears to be expired.

If I'm wrong, my apologies. Grin

Huh  Check your date and time.  Expires 7/31/2012

LOL that's so funny because now the red X over my lock icon in the url bar is updated =).

Thanks!
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