But with regards to Bitcoin things will never go back to normal for you.
Not entirely true. Worst case he/she can always burn the knightmb identity. Even Satoshi is/are probably still hanging around here somewhere. Haven't you read his last post here ? He donated a lot of them to wikileak and he's still active on the new currency TimeCoin. http://timekoin.org/ |
|
|
|
thanks for letting me know. this is odd, I will look into it... not so odd after all: the lending board is banned (board 65) bannedBoards = [5, 51, 52, 53, 56, 65, #marketplace 9, # off-topic 27, 31, 32, 33, # spanish 30, # chinese 16, 35, 36, 60, 61, 62, 63, 64, # german 13, 47, 48, 49, 50, 54, # french 28, # italian 29, 69, 70, # portugiesisch 10, 18, 19, 20, 21, 22, 23, 55, 66, 72, # russian 45, # skandinavisch 11, # other languages 39, # newbies - much trash ] I think it would be more responsible to annotate* this like so : The top 15 hot topics from Bitcointalk.org of the last 24h * |
|
|
|
...it could be tracked down regardless of the cloaking mechanisms I might try to arrange ... I anticipate a wide-spread crackdown on mining and confiscation of gear. ...
How would that work ? The government is going to track mining hardware. I hope you're joking or know nothing about how the Internet work. [OMG] |
|
|
|
When the first FPGA I saw came out, it was 400MHs and around $600. There was zero competition. To a certain extent, making a chip is making a chip so the fact that these are $149 is amazing. But with 2 more companies breathing down their necks with similar ASICs, tada, it's $149. I'm just saying if those 2 competing companies weren't out there, charging $400 instead of $149 for something that runs at 3500MH/s would be perfectly acceptable to most people so they would. In fact, they could probably get $800.
However you want to phrase it, BFL has always been at the forefront of disruptive product announcement. You have your cause - effect on pricing backward. I've read all of your posts here and it's baseless, wrong and speculative all the way. |
|
|
|
|
I found BLF to be well priced, There is not much advantage going to the 30k$ device (+10%)
Without much reasoning I'd say a 300-400w device is convenient in term of extra heat.
The size should not exceed that of a typical computer, and having it look like one would reduce the risk of theft / unwanted questions.
|
|
|
|
If there's nothing shadier than what's on the surface, I really don't have a problem with them mining with them. It makes perfect sense. If there's some sort of planned obsolescence going on, that I'd have a problem with but they're doing a trade in so it doesn't seem like their style...... ... The fact that other companies are making ASIC chips is awesome because without any competition, they'd be selling for $400 and be released 6 months from now  Many of us have sold bitcoin at 5-6$ to pre-order into the first batch, so yes there is something very wrong with them mining with our hardware. They have specificaly stated they would not, I don't know why you are so happy with it and finding this "normal" business behavior. They will most likely be selling ASICs at a huge profit once they've covered their fixed cost. There is nothing forcing them to accept trade-in or refund of past ASICs once they release much cheaper ASICs. They don't give any kind of price protection and I am very concerned by this. What 400$ ? Their 150$ jalapeno is a non-issue and their actual competitive SC miners start at 1200$ and 30k$ |
|
|
|
I've been watching the charts and the increase in total computation speed seems a bit excessive even at current exchange prices. Take a look. They're nuts! It seems to have shot up significantly right around the time that Butterfly Labs would be mass testing some of their 7000+ pre-ordered ASIC chips. Hmmmmm ... May I ask what increase you're talking about ? what graph you're looking at ? http://bitcoin.sipa.be/speed-lin-2k.png ? What is : "...the time that Butterfly Labs would be mass testing" ? |
|
|
|
|
Then were is our Guinness Book of record submission at ?
|
|
|
|
Count me in for one or two, If only for the sake of decentralization.
Edit : If this thing is to consume 600w, I think we can save almost 80$ for PSU + shipping. I'd guess, like many miners, I won't have much use for these 80+ Gold PSUs
I really think that 600W number was a wild guess. It will be a lot less. I trust ngzhang to make good technical choices. Anyway, Just a reminder that many of us already have a shitload of soon to be retiring PSUs. |
|
|
|
|
The LiteCoin hashing algorithm is heavier (Scrypt), not sure about the coin themself though.
|
|
|
|
|
Count me in for one or two, If only for the sake of decentralization.
Edit : If this thing is to consume 600w, I think we can save almost 80$ for PSU + shipping. I'd guess, like many miners, I won't have much use for these 80+ Gold PSUs
|
|
|
|
|
Thanks,
Good to see some actual content from the conference.
|
|
|
|
botnets
I am surprised how little attention this gets. There are hundreds of people making $10k+ per month with botnets. It doesn't even matter how good the hardware is when you have thousands of zombies. There are pre-made miners available for sale, some of which are completely undetectable. Once anti-virus detects them it is very easy to crypt them and carry on.
This is not a small scale thing. It is not an exception. This is happening on an absolutely massive scale and once people find out just how much of this is going on bitcoin is going to suffer, hard.
I'm not making this up. I'm not spreading FUD. This is a fact and it is my prediction that it will hit Bitcoin harder than anything else has done to date.
If you don't believe me just head over to some of the popular black hat forums and search for bitcoin.
Also, MMM.
How would this hit bitcoin ? Don't you think this will stop gradually once mining goes ASICs ? |
|
|
|
I've compiled some updated stats.
There are 1414 very-established users.
You need x ignores for...
Warn: 5
Light: 8
Medium: 11
Dark: 15
This list seems pretty reasonable to me. I'm thinking that maybe the threshold for dark highlighting should be moved up, though.
I think all of the thresholds need to be bigger. It's only 3 ignores from light to medium and another 4 to dark. I think there should be at least 5 ignores between each group and maybe even 10. I agree with having larger range, and I'd like to have a first tone start lower (very dim). Larger range because once someone is flagged as ignored, the exposure to more ignore increase exponentially thus the ranges between color should increase. What is "Warn" is that visible ? Depending on the limited time we have reading the forum, having a very light warning for ~5 ignores would allow to skip read some posts. There are a few of dark users with large quantity of posts that I suspect aren't ignored because of their poor posts but more because of some past controversial posts. A different threshold of (-1) per 1000 post could be used for established members. The reason behind this is that users get ignored for many different reasons and the number of post increase the likelihood of conflict and disagreement. Not even mentioning the risk of rogue ignores only to affect someone else reputation (as a competitive advantage). |
|
|
|
"plan" to halve reward is changed, The halve is already there, the plan is to let it happen. If the plan is changed it certainly won't be called Bitcoin. So yes I'll stay with Bitcoin. |
|
|
|
|
To me the biggest problem (among others) was their poor communication and later complete blackout. Not solving the problem is one awful thing but refusing to communicate with customers is similar to running away with the money,,, That they are still hanging around bitcoiners is mind boggling.
|
|
|
|
Seriously? One name that's something in bitcoin, say it. Who's there?
Even if you disregard Nefario (GLBSE) and Intersango (libbitcoin), there's Tony Gallippi from BitPay, the guy from Butterfly Labs, Stefan Thomas (bitcoin-js), Pieter Wuille (core dev team), Jan Moller (BitcoinSpinner), Jim Burton (MultiBit), Vladimir (Bitcoin Magazine), Juraj Bednar (he's been promoting Bitcoin in Slovakia), the guys from Bitcoin Austria, and tons of people I didn't have time to meet or whose names I forgot. Of the core dev team there's myself and Pieter (sipa), and I think Nils (tcatm) is coming too. What ? are you seriously responding to MPOE-PR saying there wont be anybody at the conference ? Hint : IT WAS A JOKE ! |
|
|
|
I wish we had a "friend" button beside the "ignore" one.
People I "friend" would have an highlight and similar to the "ignore" feature the quantity of "friend" would change the Title of the user to "Super Hero" in this case.
Having 500 posts and getting an Hero title doesn't really say much as to the quality of posts.
At the risk of creating a caste system this would be an useful way of figuring out user reputations for the new-comers.
This is a vague concept but something along those lines could greatly accelerate bitcoin growth by improving cooperation and reducing time wasted.
I want a metric of % posts liked. Liking one person is too black/white but if you can like every post, you can measure how many likes per views a thread's OP and the subsequent posts have in addition to making people heros when they posted 50 liked posts (posts that have more than 10% like/view). Submit a proposal to /meta/ , I'll pledge 5 BTC to it. |
|
|
|
... Sounds like someone doesn't realize they're a mushroom  Do you realize you're polluting by quoting whole posts and adding nothing to it ? |
|
|
|
...
How do you know they have done nothing? Just because people don't post updates on the situation of legal proceedings on the forum doesn't mean nothing is being done. ...
Has no one here considered that they've been advised not to speak on the situation by their lawyer or that they ARE taking action, actual action instead of posting on the forums?
... Intersango's reputation has been seriously damaged by this incident and this hangs over everyone who works there. Taking this to court will do several things, clear their name, have the thief prosecuted and jailed, and have funds returned to users.
...
Regarding the conference, ...it's been mostly organised BY the guys from Intersango so they have every right to be there. If you don't come (with the aim to boycott Intersango) well fine, thats your loss, I don't think anyone there will miss you and we'll go and create the future of bitcoin without you. It's already a huge success both financially, media and attendance wise.
With what's known, how can you expect us to speculate they have done anything ? Since the last theft they have said nothing relevant about it that I can see. On the other hand, I remember things like : "I could care less about people like Roger Ver who have a lot of money lost ..." -Amir ... There was a deal in the works for Bitcoinica to be sold for enough money to cover the entire shortfall for returning customer funds. That deal fell apart because Amir open sourced the code. Open sourcing it destroyed most of its value in the eyes of the potential buyers. (that's what allowed the theft of 40 000+ BTC) https://bitcointalk.org/index.php?topic=67199.msg1101382#msg1101382This elaborated statement from Amir : "This is not a kangaroo court" https://bitcointalk.org/index.php?topic=95814.0Patrick Strateman having fun : https://bitcointalk.org/index.php?topic=98622.20Patrick Strateman's only statement on the lost of 400 000 USD of customers fund: https://bitcointalk.org/index.php?topic=95738.msg1054988#msg1054988
How is it that they can organize a conference and work on their intersango exchange / electrum but can't be bothered to update bitcoinica.com or make use of the Bitcoinica mailing list to reassure customers ?Am I missing something ? |
|
|
|
|
Show Posts
