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BTT to help the bitcoin economy... Attention my BTC peeps!!! We need MORE trading (like this) to help commerce!!! Educate yourself: http://en.wikipedia.org/wiki/CommercePractice Bitcoin-Self-Defense!!! Plus, Yankee: You should get a bump just for your work with Bitinstant.com - what an awesome service!! |
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Bitcoin is a superior medium of exchange [...] The current system is shit, designed to make slaves of people, and its [sic] the responsibility of smart people everywhere to assert an evolution.
I'd say that's sig worthy... in fact...  Thanks! |
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I'm fascinated by it. It's definitely a new thing under the sun. [emphasis added] +1  |
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Bitcoinica.com seems to be the best bet at this point. However, I have had BTC in there for 2 days and have yet to get any interest payments.  Right now there is a 0.49% APY listed for BTC. I know its not much but it should still pay something unless I am confused
APY = Annual Percentage Yield Annual being the KEYWORD in this case... Patience is a virtue. (At least that's what I've heard.) I believe the draw to bitcoinica is the ability to leverage through margin and also - maybe MORE importantly - the ability to offset loss (if you're a miner) via hedging - like farmers do with futures contracts. We just have to hope bitcoinica doesn't pull an 'MF Global' on us.  |
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Believe it or not, some of us have faith in the network and system as a currency... That's right... price is irrelivent.
Amen brother! Oh, and... BTFD!!! |
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Bitcoinica is my prime suspect.
Everybody leveraged to the max, and then there was nowhere to go but down.
interesting... Are people shorting??? Hmmm.... "Crash J.P. M0rgan... buy bitcoins!" |
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The nice thing about a true free market currency is that the free market will teach people lessons about self-protections. IMO, one of the biggest problems with the fiat system is that some intermediary theoretically can make everything right if you've been ripped off (theoretically). It generates a false sense of confidence in a system that simply cannot right all wrongs.
There was a time when it was considered laughable that anyone would have a bank account (and if you know much about fractional reserve banking and how bank runs occur, you know why it was and is such a risk).
There was a time when it was considered laughable that anyone would use "rag money" instead of hard coin.
There was a time when it was considered laughable that any 3rd party could protect your and your assets better than yourself.
The really laughable part is that's how most of human history has gone - only in the last 50 years or so has much of this changed.
Who's the sucker? We live in a time of exceptions and we believe them to be the rules.
Safeguard your own money. Take responsibility for your own protection. Otherwise, the market will teach you those lessons.
Well put... |
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I don't trust anyone anyway.
Words to live by... Amen brother! |
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Haha, definitely spent way more than 4 hours lurking on these forums. Now to post a bit more...
That's the plan... |
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Buy low - sell high... Seriously though - take a look at bitcoinica.com |
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Still reading and reading... lots of stuff to cover!
Severely understated...  |
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You should probably post this in Chinese in the Chinese forum. Friggn' hilarious!  |
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There is a (new?) trojan wallet stealer out in the wild ATM. Plenty of script kiddies and scammers are going to be trying to get you to download and install it, what's more they'll be putting posts to do so (using lies obviously). Don't install anything linked to on this forum, unless it's been found by someone with a good reputation to be legit. Assume everything is an attempt to steal your wallet. Here is a portable apps version http://www.freeotfe.org/downloads/FreeOTFEExplorer_3_51.paf.exeHmmm.... >_> Love it! |
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Helps keep the riff-raff out. Oh wait..
lol (one step closer ) |
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...decided to join after (actually during) the record breaking (?) 13mil (and counting) share round...
15 million (and going, and going)... |
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However, I'm not sure if I should go with 5x5770, or 4x6950. Any advise?
4x6950 would cost me ~$1200 ($1900 total) for about 1.3-1.5Gh/s OCed
5x5770 would cost me ~$600 ($1300 total) for about 1Gh/s OCed
the above prices include all shipping+taxes, basically delivered to your door.
Which one would generate less heat, use less power per Mh?
This gives some info you may or may not have seen... https://en.bitcoin.it/wiki/Mining_hardware_comparisonThere is another page somewhere that breaks down energy usage per Mh but I can't find now.  |
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Hello World! (That's gotta be pretty worn-out on a board full of coders, no?)
...Sup?
I've been mining a few months - been lurking a bit too - but decided to join after (actually during) the record breaking (?) 13mil (and counting) share round AND to say thanks to m0mchil for fixing poclbm.
Thanks.
Bye.
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