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May 05, 2024, 01:23:44 AM *
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1101  Other / Beginners & Help / Re: Can someone help me understand what everyone is talking about? 51%? on: June 20, 2014, 06:55:54 PM
So is it true that even if a pool didn't have 51%, they could still double spend? How does that work?

I have understood it like that, if same pool gets 2 blocks in row it can double spend etc.
So more % that pool has easier it is.

I see, so it is a probability thing. So even with 20 or 30%, a pool could get lucky and get a few blocks in a row and do a double spend?
Yep, but as they gain hashpower the chances of the spend working increase huge.  Any large pool could potentially be a threat.  This is why we need more people using P2Pool
1102  Economy / Lending / Re: [REQ] Need loan of 0.02 BTC, with collateral on: June 20, 2014, 06:51:48 PM
I can also provide this
1103  Economy / Speculation / Re: Cex.io on: June 20, 2014, 06:50:39 PM
This has happened a couple of times now.  They get close to/break 51%, people freak out and move their miners, go back to a decent portion of the network, repeat.  People just need to switch pools for good Roll Eyes
1104  Other / Beginners & Help / Re: Signature renting for a total newbie on: June 20, 2014, 06:48:50 PM
You're not going to find any sig campaigns worth your time right out of the gate.  Even a regular member can only get .0004 per post from PD right now.  It's a whole different story once you've been around for a while, though Wink
1105  Other / Beginners & Help / Re: Martingale System on: June 20, 2014, 06:23:57 PM
It may work for a short while, but when you lose, you lose big.  It's worth a shot for faucets and 'free' BTC, but certainly not to actually try to make some coins.
1106  Bitcoin / Mining speculation / Re: For how many years GHs in cex.io and KHs in scrypt.cc will last? on: June 20, 2014, 06:22:15 PM
They both keep mining until you sell them.  However, after the first year you'll be looking at ever decreasing satoshis, so anything beyond that really is moot.  It's like having one of those USB Block Eruptors today.
1107  Economy / Speculation / Re: Why is the BTC price dropping?? on: June 20, 2014, 06:10:14 PM
Probably weak hands getting nervous as the big auction comes up.  We'll go back up after it's all taken care of, as always Smiley
1108  Economy / Speculation / Re: What a difference half a year makes... on: June 20, 2014, 05:21:52 PM
Half a year is an eternity in BTC, wonder what took him so long to change his mind Tongue
1109  Economy / Speculation / Re: FBI coins could sell for a premium on: June 20, 2014, 05:18:29 PM
They're probably gonna get a decent little premium on the coins.  We've been in a (small) uptrend the past few weeks and this is a chance to buy tons of coins without placing a whale order that would start a rally.  I'd guess 5% or so, but we may never know by the looks of it Undecided
1110  Economy / Gambling / Re: What is the best bitcoin casino? on: June 20, 2014, 05:10:55 PM
Primedice and Just-dice are my favorites.  If you like actual games instead of dice, Satoshibet is also a fun one with everything from Blackjack to video poker Smiley
1111  Economy / Speculation / Re: Uncertainty for June 27th on: June 20, 2014, 05:06:08 PM
The only reason we would go down is newbies thinking there is a reason to panic.  The coins will go from HODLer to HODLer and nothing will change.  If they were going to sell immediately, they wouldn't go through all the trouble of buying from the feds.  Probably gonna be a little bit of turbulence and then back to the uptrend Smiley
1112  Bitcoin / Mining speculation / Re: Is Pbmining.com charging any fee? on: June 20, 2014, 05:03:23 PM
no they currently dont charge a fee, only thing they charge is the price for their 5 year contracts.

check out my sig if you want to test their service out Smiley                 ------------------->>                       \/

Has anyone calculated if this offer can get ROI in some time scale ?
You might be able to, if the company is still around.  We still haven't seen a single picture of their facility or any public pool stats..
1113  Economy / Securities / Re: Hall of Shame Leaderboard/Awards: Vote for your Favorite Worst Crypto CEOs Ever! on: June 20, 2014, 04:41:13 PM
It's hard to beat Karpeles after he lost so much... especially how he's still on Twitter posting random shit just to piss people off
1114  Economy / Service Discussion / Re: PBmining - legit? on: June 20, 2014, 01:43:55 AM
They have always seemed sketchy to me.  No pictures or public pool stats, just coins coming out of thin air.
1115  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn up to 2.4 BTC/Month by Posting on: June 19, 2014, 10:28:11 PM
Got my payment Cheesy
1116  Bitcoin / Mining speculation / Re: Antminer S1 Soon at a Loss - What to do With It? on: June 19, 2014, 06:59:14 PM
Keep it around and undervolt it when it starts losing money.  Soon you'll be able to upgrade it to an S3.
1117  Bitcoin / Hardware / Re: ANN: BITMAIN has Tested Its 28nm Bitcoin Mining Chip BM1382 on: June 19, 2014, 06:15:49 PM
Can't wait to get a pre-order on one of these.  Loving the power efficiency and dual fans.  Hopefully the pricing won't be too high so we'll actually have a shot at ROI..
1118  Economy / Speculation / Re: Bubble incoming! $3800 - $4000 expected on: June 19, 2014, 06:10:05 PM
Bitcoin always seems to skyrocket after a bubble, so I wouldn't be surprised if we started to see another one soon.
1119  Other / Off-topic / Re: Pizza! on: June 18, 2014, 02:51:41 AM
Pepperoni, bacon, and sausage.  Ordered one tonight with BTC thanks to Gyft Tongue
1120  Economy / Auctions / Re: F**K ya GPU auction! on: June 17, 2014, 07:17:35 PM
.3 for all 3
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