David Gilmour will be there. Jimi Hendrix will be there. Bob marley will be there. Many more great artists that I can't think of will be there.
Earth's about to be heaven.
So why do we need to purchase tickets? |
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There's definitely a good bit of error there, which I really doubt since the coins at minted by respected sources. Those coins are probably either .999 or .9999 and that thousandth or ten thousandth of an percent does not result in a 1-2% error.
Still would catch most real fakes as the density would be off by more then 5%. A bigger water container could help, and maybe a more accurate scale. Finally having a consistent amount of string in the water and taking that into the calculation would help. |
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This was not planned as a part of the original deposit insurance, but it was talked about as a plan during the bailout talks THIS MONTH. This would have been more palatable then anything that makes deposit insurance less certain.
It's an easy thing to talk about, but actually doing it requires some generous person to volunteer to pay for it. Like I say it sounds like it would be in the interests of the Germans to do it, but you can understand why they declined. The Germans/EU didn't decline, they offered. Cyprus declined and steered towards a plan that treats people more equally VS very different treatment for people depending on the bank they were deposited in. The Germans/EU also preferred a plan that only went after accounts with more then 100k Euros. |
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Bought 2 iphone 5s last friday from at&t. There both white and 32gb of storage space. They are brand new and opened only by the sales rep that helped me. I'll let them go for  Both for that price or just one? Maybe some pictures will help you. Price per phone. They are the 32gb version. About $800 worth of BTC per phone? I have some AT&T upgrade credits available. So I can just get one at $299 and sell it for $800? I doubt it. Maybe $600. |
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The remaining really insolvent banks are closed, sold and the deposit insurance is provided by the EU as originally planned.
This was never planned in the first place. Deposit insurance was always the responsibility of the member states. The EU has a rule to say that member states have to provide depositor insurance, but the EU doesn't have either the responsibility or the resources to do it itself. Maybe this should have been set up when they created the Euro, but it wasn't. This was not planned as a part of the original deposit insurance, but it was talked about as a plan during the bailout talks THIS MONTH. This would have been more palatable then anything that makes deposit insurance less certain. This will be interesting on Tuesday. |
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Also, stating it is a bug fix is a) objective
No. It is a bug. For the most part the devs recognize it as a bug as well as most of the community. It is software not behaving to the specification and failing, and there is a fix. 0.7.2 clients do not recognize valid blocks that while large are within the size limits. |
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Found it that way myself, not looking for anything bitcoin. Wow. |
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Not only will Cyprus be bankrupt it could cause a domino effect on other weak EU banks who have exposure which could be catastrophic.
very unlikely. other european banks have very little stock in the cyprus banks (total 200 million euro or so). its one of the few cases where just letting all the banks go broke is an unproblematic option. for bitcoin this is a win anyway, regardless of what they do. even more so the longer the final decision is postponed. Letting them ALL go broke would be the worst of all outcomes. Best outcome: Find out which banks are insolvent which is not all of them, at those nothing happens. Then find out which banks are insolvent but sell-able, apparently some of them were BEFORE this whole mess started. Those get sold and the new owners take care of the problem. New owners were found for a substantial portion of the banking industry. EXISTING BANK OWNERS of insolvent banks are left with nothing. Now the bailout is much smaller. The remaining really insolvent banks are closed, sold and the deposit insurance is provided by the EU as originally planned. Holders over 100k euros in those banks fight for scraps of remaining assets. EU has to provide less, owners of bad banks pay the price, deposit insurance is kept whole. Now with all of this talk of bank account confiscation ALL BETS ARE OFF. Even the partially solvent banks are subject to bank runs. What were they thinking? |
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Please do not spread FUD. I don't think you really know what's happening. The May 15 upgrade is just a bug fix, not rule change. +1 This is about replacing errant software not about changing the rules. If you have a broken client, fix it or don't complain when it fails. Outright replacement and parimater changed are both offered as options. |
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Something happens in 24 hours......
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
Is that so, isn't the network made such that the btc supply is constant, no matter how much hashing power there is, ie. 1 new block giving 25 btc on avg. every 10th minute ? The network tried for 1 block every 10. It makes that adjustments every two weeks or so. Right now production is unusually high and will be corrected in 18 hours. |
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Littleshop, all good points. I am not sure however that freshly mined coins have much of an effect on the market. Also your analysis assumes that mining capacity will stop rising after difficulty jump. For all I know it can even accelerate and we will be mining 9-10 blocks per hour for quite a while. Basically until ASICs will barely cover cost of electricity.
Actually my analysis does not assume mining capacity will stop rising. Right after the difficulty change about 1/3 less new coins will be made. That is a big drop and it has not happened often. The rate will slowly climb but it will take at least a week before it is even close to what it is now, maybe longer. It is harder to add 1/3 to the new rate vs the old one. Over time I do agree ASICs production will get close to the cost of power just like GPU has. |
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Something happens in 24 hours......
The supply from mining is going to drop by almost 1/3. Right now the supply is unusually high do to many ASIC rigs coming online and those people are selling right away to pay for the rigs.
The price will probably go back up 10-20 hours after the difficulty change.
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Ok, I realized that it's quite easy to mark blocks as valid even on my crappy connection. So enjoy extra bonuses for rounds #16838, #16837, #16835, #16834, #16833, #16832 which has been added to your confirmed balances!
Wow! Thanks! |
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Hey! In the past 5 days I've just gotten into Bitcoin mining with my HD7970 using the latest version of Guiminer, I figured I'd have it run when I'm not using my computer. The maximum temperature of the card never went above 80, and I kept it at 65-70 (it's nice and cool where I am so it was easy to keep my computer cool) Tonight, however, something unexpected happened: pretty much instantly after I hit "Start Mining" on Guiminer, my computer restarted itself and it can't see my 7970 anymore. I'm stuck using my integrated card, and would love to know if I didn't permanently fuck up my card, however I'm prepared to hear the worst  Does anyone know what happened here? Is your power supply high quality? Sometimes the supply will go when a power supply is just on the edge from mining. |
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Very shortsighted of Apple to cling to a dieing system like this.
I'm curious though the potential of developing apps specifically targeted to the Jailbreak market?
Anyone have experience here?
Is it viable?
The jailbreak market is less then 5% and those people are not all set up for payments like most iTunes accounts are. |
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Ok, now it is even cheaper in BTC.
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I had a thought as I was looking through all of my old bitcoin articles and whatnot. I got to thinking about when bitcoin price had plummeted, people may have been discouraged, others may have given up, or there may even be some that had just started and completely forgot about it!
It makes me think, what if it becomes a hobby, to start going through all these old hard drives and old computers laptops etc., For peoples bitcoin they forgot about. I feel like it would be similar to looking for gold, at the beach in the sand!!
I can come up with TONS of reasons this may be possible, and people have moved past the drive, CD, flash, or whole computer since the creation. People originally may have: Thought they deleted a wallet, kids got computer taken by parents, had a backup on a drive they forgot about, abandoned bitcoin completely with active wallets, donated a drive to a school etc., The list goes on and on.
I think it would be a pretty neat idea, if you had a basic idea of where to look. (may need Googles help of course) I think this may be plausible now, or more so in the future. I think it might be more of a, "Oh wow, Jackpot", scenario though. I also think it might be comparable to digging for diamonds in reality; but still was a neat little ponderance. Thoughts or Stories?
This is going to be a very infrequent event. More like a lottery search, especially if you found a machine that had a full block or two from mining. The reason is that during the low priced coin days there were VERY few users as a percentage of computers. Maybe 1 in 10,000 or less. Then they have to be forgotten and unencrypted. It could happen. It is not going to happen often. If it does, it may pay a hell of a lot of money. |
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and I wanted to see what the common thought was. Please post your thoughts and discussion on the miner compensation is encouraged. 
