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321  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitBar New POW-POS scrypt CryptoCoin on: May 02, 2013, 11:10:12 PM
From first page.
...
This thing is being pre-mined right now, you are one of the pre-miners.

Blocks seem to be coming in every second or so, it is in pre-mining mode, difficulty deliberately started ridiculously low so the the author could start mining a block a second or more while you set up your mining then you mine a block a second or more while preparing to post and so on.

It looks like no attempt at all was made to set the initial difficulty at a reasonable level, instead the whole thing is designed specifically, like mincoin, for pre-mining.

How fast are blocks being found, and what is the command people need to use with e.g. cgminer to make it not expect at least a minute between blocks? (As otherwise no wonder everyone finds only stales, sixty blocks have gone by by the time they check for new work.)

This is basically deliberately designed as a pre-mining scam.

-MarkM-


Please people stop wasting time on these scam coins.
322  Bitcoin / Mining / Re: BFL is shipping on: May 02, 2013, 06:11:47 AM
lol ya who cares about power gimme those hashes now plz.  .081$ per kwhr here
You will care about power consumption sooner than you think.
323  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 02, 2013, 05:51:14 AM
What AsicMiner need is a better public image, a website.

And a forum while at it, This bloated thread is not cutting it.

I have no idea where we are on that front but that should be a priority if you intent on selling products to end-users.
324  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 01, 2013, 05:23:37 PM
Looks like the wall has been breached.  Current price is 1.298.
Please everyone stop with these empty posts,  

Start an ASICMINER trading threads.
325  Economy / Trading Discussion / Re: Real Time Charting, Order Book, and Time & Sales on: May 01, 2013, 04:40:07 PM
Please add more volumes into play sound.

0 = ?
0.001 = really ?
0.01 = beep all the time
0.1 = same

I am currently stuck between 100 being irrelevant and 1000 being too big.
326  Bitcoin / Hardware / Re: Should I cancel my BFL 4/2/2013 Order? on: May 01, 2013, 07:55:38 AM
One of my problem with BFL is that they delivered explanations for ~3 months worth of delays.
327  Bitcoin / Hardware / Re: Should I cancel my BFL 4/2/2013 Order? on: April 30, 2013, 11:58:28 PM
...
BFL products are not priced in BTC, your analogy is irrelevant, you might as well have used the price of oil or gold as a comparison.
Yep, they were priced in USD, USD from 9 months ago.
328  Bitcoin / Hardware / Re: Should I cancel my BFL 4/2/2013 Order? on: April 30, 2013, 11:43:35 PM
So you post the image of the hashrate as if it supports your opinion. However, even taking the most conservative number on that chart, 486 TH/s, a BFL single would still earn between .4 and .5 BTC a day.  That's $70 a day, or $2100 per month.  A 1 month 100% ROI at 486 TH network hashrate.  If the network hashrate is anything LESS than 486 TH, your 100% ROI timeframe drops dramatically.

Yes... once again, only in the bitcoin world is a 1 month 100% ROI cause for panic and bitching, heh.

Unless the price of BTC in late July / early August (the date of the 486TH hash rate) is $14. Then it would take considerably longer than 1 month to earn your money back. And the hash rate does not stop growing at 484TH (as your analysis presumed). You are looking at more like 18 months to earn your money back.

Please cite your math for 18 months.  

Fine, lets double the hashrate to 972 TH, that's .25 BTC a day, or $35 USD, or $1050.  Oh no, 2.5 month 100% ROI!  Stop the train!  Holy crap!

All of this assumes you START with a difficulty of 972 TH. The fact that we would be starting with 1/100th of that or thereabouts means your 2.5 months is reduced drastically.
Purchases were made in USD yes, but USD from 9 months ago, When they were worth ~0.1BTC not 0.007BTC.
Everyone who sold BTC to buy a BFL product expected to be able to get more BTC out of it at some point in time.

I don't see it happening anytime soon, if ever (due to power consumption) - That is all.

Excerpt from 100th mine IPO :
Quote
If the chips fail to meet the expected performance the manufacturer will provide the mine
with additional boards to achieve the expected hashrate of 100TH/s (or 0.2GH/s per
raised 1USD). If the chips fail to achieve the expected power efficiency the manufacturer
will renegotiate the management deal with the hosting data center and compensate the
100TH-mine project for the losses. If the chips fail completely a substantial delay in
mining will occur. The manufacturer will undertake an effort to reimburse the investors
not only for the invested capital but also for the lost income up to the level of 10 USD per
invested 5 USD

Have you considered a lost mitigation contract resembling this ?
329  Economy / Speculation / Re: I think it's time for me to move on on: April 30, 2013, 01:49:11 PM
Happy to meat the new Proudhon.
330  Economy / Service Announcements / Re: BCTIP - Printable Bitcoin Tips on: April 29, 2013, 12:43:50 PM
I've heard complain that the white text in the orange is too small for some printers.

Could we get a sample .pdf to test printing before sending BTC to a bunch of address ? I fear it would be a PITA to retrieve the BTC if I wasn't happy with the end result.
331  Alternate cryptocurrencies / Altcoin Discussion / Re: CRC: Crazy Rabbit Coin : Alt coin with Awesome Premine for Me and my friends on: April 28, 2013, 02:08:30 AM
200 CRC @ 100k FC

Pre-selling my Premined coins.
332  Economy / Service Announcements / Re: [blockchained.com] forum top16, news, charts on: April 27, 2013, 11:47:03 PM
Thanks, I like the ">>" implementation.

I host a "share your ignore list" thread in the Donators section, You may find it excessively long but I'll PM you the list anyway as it could at least help to confirm your selection.
333  Other / Meta / Re: Ignore list is wrong??? on: April 27, 2013, 07:59:24 AM
My ignore list is a mile long and I never had any issue with that.

Maybe try more.
334  Bitcoin / Bitcoin Discussion / Re: Keiser said Bitcoin Foundation should run Bitcoin and set the price on: April 27, 2013, 07:32:15 AM
Didn't read, but if he mean moving the decimal to account for USD value, it's not a bad idea.

I would be OK moving the value of a BTC to 1.2$ if price stay stable in the 1200$ range. (1000:1 split)

I think Bitcoin is too new to bother about this in the xxx$ range.
335  Other / Meta / Re: Saving of sent PM in Outbox by default ! on: April 26, 2013, 10:21:25 PM
There is already a feature to delete post

I really don't see the point of deleting everything by default.

(I'd think less than 1% of post would prefer not to have traces left for the rare event of a compromised account.)

You'll be paying for the extra storage that would require, then?
The storage required is insignificant.
So that's a yes?

Well, PM Theymos and offer, then.
You could have said it was only a matter of storage, or you could have made a meaniful calculation.

I hope your 8888 posts aren't similar to this,  you're all but wasting my time.
336  Other / Meta / Re: Saving of sent PM in Outbox by default ! on: April 26, 2013, 10:00:41 PM
There is already a feature to delete post

I really don't see the point of deleting everything by default.

(I'd think less than 1% of post would prefer not to have traces left for the rare event of a compromised account.)

You'll be paying for the extra storage that would require, then?
The storage required is insignificant.
337  Economy / Speculation / Re: Its not bottom yet. It will crash under 100 just wait for it. on: April 26, 2013, 06:28:45 PM
HEY FUCKTARDs !!! STOP BUMPING USELESS THREAD !
338  Other / Meta / Saving of sent PM in Outbox by default ! on: April 26, 2013, 04:47:20 PM
There is already a feature to delete post

I really don't see the point of deleting everything by default.

(I'd think less than 1% of post would prefer not to have traces left for the rare event of a compromised account.)
339  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] FC for 20LTC/1000FC, 1000-10000 coins on: April 25, 2013, 06:07:35 PM
Selling 10 kFC @ 20 LTC
340  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC/FC exchange via Google Docs [Bid 20 LTC | Ask 25 LTC] on: April 25, 2013, 05:59:22 AM
10 000 @ 23.5  PM me
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