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7761  Bitcoin / Bitcoin Discussion / Re: Gavin will visit the CIA on: May 22, 2011, 09:39:15 AM
well that makes no sense because he could have used the matter transporter to get to paris, and back, and wouldn't be jet-lagged.
7762  Bitcoin / Bitcoin Discussion / Re: The police on: May 21, 2011, 11:03:58 AM

But you gotta admit, it was a pretty damn classic one ...  Smiley
7763  Bitcoin / Development & Technical Discussion / Re: Possible systemic weakness on: May 21, 2011, 10:38:58 AM
Quote
The scenarios involving technical manipulation are entirely founded on misconceptions.

Clarify.

Technical manipulation as I describe in OP is simply adding a significant portion of power to the network, say 40%, over and above "natural growth", or adding and removing a significant portion (simultaneously with pricing manipulation).
7764  Bitcoin / Development & Technical Discussion / Re: Possible systemic weakness on: May 21, 2011, 04:33:44 AM
Probably should have spelled it out but I was discounting the >50% attack since that is well described elsewhere. Using the word "manipulate" to imply that the hostile had some resources to influence difficulty but not over-whelming, i.e. dominant resources.

Anyway, how big does the network have to be to be safe from the >50%?

Are we there yet?
7765  Economy / Computer hardware / Re: FOR SALE: PCIe 1x & PCIe 16x Riser Extender Cables - Free shipping to the US! on: May 21, 2011, 04:20:19 AM
I assume you could use these cable mods to run your PCI'e cards from a different PSU to your system PSU?

If you're using a PSU not grounded to the motherboard, do not utilize a cable with modification. Make sure any secondary PSU to be used would be grounded through the motherboard.

By using the mentioned "hack" we will be connecting one "COMMON" line along with the "PS_ON". This is ground(ed), right?

Without seeing your exact set-up, I'd say, yes, that should do it.
7766  Bitcoin / Bitcoin Discussion / Re: Bitcoin Currency Symbol ฿ on: May 21, 2011, 04:11:21 AM

B!

or some combination of

# superimposed on B

hash, #, universal symbol for code and a B would be interesting to see.
7767  Other / Off-topic / Re: Are you in a 9-5 employment? on: May 21, 2011, 02:36:12 AM
Is there an option for flipping between study, unemployment and freelancing?

... that'll be the "shit gets done" option I believe ...

... falling asleep on the keyboard and 9-5 doesn't mix ... 9pm-5am is when shit gets done.
7768  Economy / Marketplace / Re: List of honest traders. on: May 21, 2011, 02:17:57 AM
+1 technopagan, supplied extender cables, good service.
7769  Economy / Speculation / Re: Bitcoin Technical Analysis on: May 21, 2011, 02:05:53 AM

Something's brewing .... keep cool  Cool
7770  Bitcoin / Development & Technical Discussion / Re: Proprietary FPGA cluster miners will kill the Bitcoin project on: May 21, 2011, 02:00:55 AM
I wonder if anyone in the GPU industry has actually noticed Bitcoin yet.

Yeah, hard to know ... couple or three thousand cards equivalent ... maybe not ... ~ 2-3 million in sales though.
7771  Bitcoin / Development & Technical Discussion / Re: Proprietary FPGA cluster miners will kill the Bitcoin project on: May 20, 2011, 09:09:19 PM
Don't panic about it, I just just came to realisation today that FPGA might seem like a killer now, but we are already half way through 2011, AMD have the 7000 series already lined up they are quite tight lipped about the desktop cards but rumour is its a re-archtecture which just means more power as opposed to the optimised 6 series.

So based on the growth of power of gpus.... just look at the ghash charts we are talking big jumps in architecture generations. almost moores law  Wink

It might just go the other way here, i.e the amount of people able to afford 1 GHASH cards from AMD will far out way the number of people with FPGA's.

I'm completely speculating here, but i have actually gained more faith in the GPU again for price power ratio in the next 18 months will be far superior.

Am i wrong?

Depends if AMD notice the demand for Integer ops from the miners and beef that up some more or go the Nvidia flops direction ... commodity boards are hard to beat with the mass production amortisation of dev. costs.
7772  Bitcoin / Bitcoin Discussion / Starting a new block chain on: May 20, 2011, 09:05:52 PM
Too much talk already. Gavin's obviously not going to start a new block chain, so go for it! We can wait a month to see your new coins. Just call it something different from Bitcoin so that you're not deceiving people, ok?

I propose we call it KeynesCoin. But instead of 50 KYC forever like unk proposed, reward should be a function of difficulty so that it "grows with the economy" and there's no deflation right? Start with something like 10 KYC per block and add 10 more for every 10,000 difficulty, so if the difficulty is 244,000 the reward should be 230 KYC.

Bit off topic but i think this is a worthwhile idea as a PR demonstration that nobody wants crappy KeynesCoin that inflate to infinity .... and beyond ... we could use it as a testnet also and reset it every time it gets outrageously inflated ... maybe on Jan 03 every 10 years as reminder to what crap money looks like.
7773  Bitcoin / Bitcoin Discussion / Re: Tycho cheating every miners & soon destroy total bitcoin network completely. on: May 20, 2011, 11:33:26 AM
[Tycho] publishes every block his pool solves. It is on his "Statistics" page. Click on the highlighted block you are interested in and it takes you to Block explorer ... the rest of what you say is unsubstantiated hyperbole.

https://deepbit.net/stats.php

I suggest you retract your slanderous rant.
7774  Bitcoin / Mining software (miners) / Re: [MINER] Phoenix - New efficient, fast, modular miner **BFI_INT support!** on: May 20, 2011, 10:12:41 AM

Anybody seen a good link for ATI 11.4 driver for linux?

This one on AMD page is empty ... sigh.

http://support.amd.com/us/gpudownload/windows/previous/11/Pages/radeon_linux.aspx?os=Linux%20x86&rev=11.4

every other version has a link at present.
7775  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 20, 2011, 09:49:39 AM

It has seemed pretty lumpy the last couple of days ... are there any tools to see if this is outside "normal" variance ?
7776  Bitcoin / Development & Technical Discussion / Re: The pools are getting far too powerful. on: May 20, 2011, 08:14:51 AM
Tycho is trustworthy, but if his setup gets hacked Sony-style that could be quite bad.

Worst case, the hacker reverses a transaction (or more) and then the pool is taken offline, potentially for days, whilst its rebuilt and checked for its integrity. During that time network security would be much weaker.

Having more pools could only be a good thing. Is what you need to set one up publically available or do they all still rely on closed source code?

Pretty sure that [Tycho] keeps his software proprietary ... don't know if anyone has asked him, it's all pretty new. He just gives v.good reliability, (can't remember when he was last down and I've had something pointed at his pool since he started), has two servers, fail-over capable, in different continents and another guy on when he's off-line. (german efficiency Smiley i guess)
7777  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 20, 2011, 07:21:05 AM
Well they have stock exchanges all over the world...  Melbourne, Singapore and so on. I know a guy that got a free computer once from a stock broking firm that was always upgrading so its possible there's a nice guy out there that would love to us have his old FPGAs

Hmmmm ... that's got me thinking I'm gonna make some enquiries ... I knew a guy who was supplying them into the City a few years (5?) back.
7778  Bitcoin / Bitcoin Discussion / Re: Why don`t prices follow difficulty change? on: May 20, 2011, 07:18:02 AM
do you mean in some 'technical' chartist way?

otherwise i still don't see it. if demand were to dry up, the cost to mine a bitcoin today doesn't provide a fundamental floor to its value. what i paid to mine a bitcoin is a sunk cost.

no, not a sunk cost since at the point that it becomes cheaper to switch off the miners and start buying BTC on the market the already invested core will do that .... what do you think is boot-strapping this thing into existence?

fairies?

... there is something real underneath all this, it just takes some thought to see it, the fundamental floor that is.
7779  Economy / Computer hardware / Re: FOR SALE: PCIe 1x & 16x Extender Cables [Regular|Adapters|w/ Molex] on: May 20, 2011, 07:04:19 AM

Ordered cables arrived and all worked as advertised, 1x & 16x w/ Molex power.

Good service.
7780  Bitcoin / Bitcoin Discussion / Re: The $1000 Bitcoin, yes it's worth at least that. on: May 20, 2011, 04:51:28 AM
please just be careful.

linkedin had an ipo today.  if i say 'if everyone on the planet got all their future jobs through linkedin, it would be worth $70,000 a share', that shouldn't make you want to buy it even slightly more.

anything can skyrocket. you still have to decide among all those possibilities where to put your money. a bitcoin in the current block chain isn't the first thing that has experienced exponential early price growth. as they say in america under the regulatory safe harbor, 'past performance does not predict future results'.

DYODD
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