Bitcoin Forum
May 03, 2024, 12:34:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 [336] 337 »
6701  Bitcoin / Press / Re: 2012-10-01 wired.com - 3-D Printer Company Seizes Machine From Desktop Gunsmith on: October 04, 2012, 05:09:14 PM
I'm sure there are plenty of regulations to nail them on.

Or they could just turn up and shoot em dead. Then a year later botch a raid on a church to distract media attention.
6702  Bitcoin / Press / Re: 2012-10-01 wired.com - 3-D Printer Company Seizes Machine From Desktop Gunsmith on: October 04, 2012, 05:06:46 PM
But guns would be better created with relatively cheap machine tools.

Of course, the assumption is that 3D printing will become ubiquitous.
6703  Other / Beginners & Help / Re: Simplest way to stash bitcoin? on: October 01, 2012, 07:07:36 PM
Print the wallet on a t-shirt and stand in the background at a famous event so you can be the basis for a blockbuster movie-from-a-book a couple of centuries from now.

Seriously though, make sure to have offsite backups. That is, in multiple places. That likely multiplies the risk of attack so encryption is no doubt essential. As to archiving, paper is good but has issues. Anybody offering laser-punched titanium foil sheets?
6704  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: October 01, 2012, 06:47:40 PM
ASIC are not power hungry like GPU's which is part of the appeal!
Then people will buy MORE asics than they did with gpu. So the 1th/s will mine even less  Cheesy

That's not really true. The key metric here is continuous watts/capital outlay, because ROI will drive how many ASICs are purchased. In this regard, ASICs beat GPUs by an order of magnitude, and FPGAs by about a factor of 2.

That depends on other factors though. Bitcoin was only a small part of buying my GPU so ROI should be relatively quick (especially if I remember to get that rebate form in).

I'm fairly new to this, admittedly but it seems like buying specialized hardware for mining may be marginal at best at this point. Unless you're just doing it for altruistic reasons, you might be better off investing your money in Bitcoins up front and waiting for the value to go up (or not).

As to this company in particular, the fact that they have a convicted scammer in there (allegedly) is a big, big red flag to me. Even if I was optimistic about the technology, I'd probably be looking for it elsewhere.
6705  Bitcoin / Bitcoin Discussion / Re: I've just been robbed :-( on: September 28, 2012, 09:55:05 PM
I've started closing down SSH as much as possible. The one time I got hacked, it was via a temporary account with a stupidly simple password and a privilege escalation. Fortunately, as far as I can tell, nothing substantial happened but with the world as it is at the moment, leaving the port open to the world when I only ever occasionally need to access it from the internet and then for only short periods of time seems unwise.
6706  Other / Beginners & Help / Re: new user looking for a small loan of 2.37 btc on: September 28, 2012, 08:58:28 PM
You can't wait a week? You could buy better ram then, or more.

What do you really want the coins for?
It would be very interesting if there were loan sharks out there for the BTC.

If it were possible, someone could make a Credit BTC loan system and ask for rather large interest rates to cover for fluctuations in the market price and against potential losses. It would very probably go against the BTC philosophy, but I wonder if it would be profitable?

The only problem is there is no real enforcement or pressure mechanism to repay BTCredit purchases.

(Unless you have some kind of fiat money "risk pre-payment" system to punish for defaulting or something?)

The way to do it would be to have risk pools. High risk pools = high interest rate (essentially those shitty payday loan places). As you prove your reliability and trustworthiness, you move to lower risk and lower interest.

Of course, there will be deadbeats and scammers, possibly some playing the long game. But as long as enough people pay back to cover losses plus a profit, you could still make bank. Not something I would want to put my money in though.
6707  Economy / Service Announcements / Re: [ANN] BitcoinSpinner on: September 28, 2012, 03:32:16 PM
  • Backup notifications - Making a backup is really important if you don't want to loose your coins. With this change a backup notification is displayed on the main screen whenever the app is restarted and you have a positive balance. The dialog allows you to disable the notification so you don't get nagged if you have made a backup already

Might be nice to have a bit of intelligence on that. Rather than every time, just when first started and when new keys are added.
6708  Economy / Services / Re: Rent-a-Friend from 10BTC per day on: September 21, 2012, 02:21:52 PM
If I paid 20BTC. Could I have my friend and nemesis get into a fight? Who would get the television rights?
6709  Economy / Economics / Re: Scaling bitcoin to world economy is unrealistic. on: September 20, 2012, 09:35:36 PM
If bitcoin can't deflate in a stable manner, then fiat will be seen as more stable, and people will not store wealth in bitcoin as anything other than a risky investment. If bitcoin can't deflate in a stable manner, what incentive is there for people to "invest" in it?

Maybe the difference between carrying your wealth home on a thumbdrive or in a wheelbarrow. Bitcoin has its issues but the other options aren't looking so hot themselves. That's largely why it's interesting to me.
6710  Economy / Services / Re: Rent-a-Friend from 10BTC per day on: September 20, 2012, 06:55:37 PM
I'll be your worst enemy for 1BTC per day.

Enemy is OK but a little weaksauce. How much for a nemesis?
6711  Economy / Services / Re: Three drawings required, paying 5 BTC each. on: September 20, 2012, 06:54:56 PM
Cute.

But what I really wanted to say is that I really like you avatar  Richy_T   Cheesy

Your  daughter got a well deserved tip.

Thank you.

We are just getting into the bitcoin thing and I'm trying to explain to her what they are and where the value comes from (They're educational for sure Smiley ). I told her about this thread and she said "I can do those in 30 minutes" so I'm sure commissions are available too.

6712  Economy / Services / Re: Three drawings required, paying 5 BTC each. on: September 20, 2012, 06:29:51 PM
Woot, not a newb anymore.

My daughter drew these for this thread.





Her BC address is
1J5Vi3EZjTVG12PP47w8oCzzkzkmMPrggo

Larger versions with transparent background also available.
6713  Economy / Web Wallets / Re: TORwallet a scam? on: September 20, 2012, 06:13:25 PM
Command line options might be a good way to go too. I haven't looked into those too much yet. Maybe have a special user which runs a very restricted shell, with multiple levels of escalation, one-time pass-codes etc and throw putty on a thumb-drive (though it's a very simple/small download in any case).
6714  Other / Beginners & Help / Re: Miner stopped Mining? on: September 20, 2012, 05:54:26 PM
Happening again. Grrr. I think the RJ45 might be sliding out of the socket as it reconnected when I pushed it back in this morning. The little spring clip had been squashed flat and broke off when I tried bending it back. Guess I will be re-crimping tonight.

Doh!  -1 Internetz with cable unplugged.  Tongue

Oh, it was still plugged. It had just worked out far enough to break contact I think. It's been running all day so far but there's no reason it should have worked its way out. Thermal expansion contraction and/or spring loading maybe.
6715  Other / Beginners & Help / Re: Captcha is a waste of time (Sad truth) on: September 20, 2012, 04:50:18 PM
Would it not be a good idea to replace Captchas with small Bitcoin payments? Less annoying and actually gets the spammers to hand over some money. Possibly make it an alternative and see which people choose.
That would be a terrible idea, unless it's a very Bitcoin-specific site.

I was more thinking of this site. But it might work well as an either/or proposition on other sites. Of course, before long, it wouldn't be bitcoins just for registration but bitcoins for everything.

Though for some sites, that wouldn't be so bad.
6716  Economy / Web Wallets / Re: TORwallet a scam? on: September 20, 2012, 04:48:19 PM
VNC and VPN might go a long way Smiley
6717  Other / Beginners & Help / Re: would qe3 increase the price of bitcoin? on: September 20, 2012, 04:45:56 PM
There's an article very much worth reading here http://www.samizdata.net/blog/archives/2010/06/money_supply_th.html
6718  Other / Beginners & Help / Re: My PSU only has 6 PCIe slots! Solution? on: September 20, 2012, 04:26:36 PM
You can add alternate power. There are supplementary PSUs for such things (without the mainboard connector) or you could just use another PSU (I have done that before when adding hard-drives caused my main PSU to shut down due to drawing too much power to tide me over until I got a more capable main PSU). I have also used a 12V supply for a IDE/SATA to USB adapter to power an internal hard-drive in a pinch.

This is slightly risky in that if your voltages are slightly off, you could theoretically end up having too much current flow where it should not but that has never been an issue for me.

Here is one pulled at random from google. Not recommending, no association, etc.

http://www.cputopia.com/fsp-group-booster-x5.html?utm_source=googlepepla&utm_medium=adwords&id=20206522684&utm_content=pla&gclid=CKuR--TJxLICFQQ4nAodgkIA_w
6719  Other / Beginners & Help / Re: Captcha is a waste of time (Sad truth) on: September 20, 2012, 03:22:03 PM
Would it not be a good idea to replace Captchas with small Bitcoin payments? Less annoying and actually gets the spammers to hand over some money. Possibly make it an alternative and see which people choose.
6720  Other / Beginners & Help / Re: My bitfloor account... what can I do? on: September 20, 2012, 03:18:33 PM
I really can't afford to have that many BTC lost.

Invest Only What You Can Afford To Lose

The problem comes with what to do with what you can't afford to lose. It has to go somewhere (though at this stage, new Bitcoin institutions are particularly risky).
Pages: « 1 ... 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 [336] 337 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!