The latter is not true in places like Sweden where all company data is available. Just some global persepective...  What?! That's insane! So, effectively, if I run a one man company I have to tell my neighbors what I rake in in a year. Are you really sure this is how it works? Private companies are called private companies for a reason ... Yes, I have seen the data myself with the help of a librarian and also with someone working at a regional incubator. But you do not have to tell your neighbors, the wonderful swedish govt makes all data available online. They call it "open society"  |
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There are many variables, but the simple answer is easy enough to come by: they did fantastic as early-market entrants into the asic market. In the summer they were sustaining mining rates over 10% steadily and sold ample hardware.
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had.
Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL).
Who are the new players? I know knc miner out of sweden, who else? |
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Thanks mpoe-pr you are like the encyclopedia bitcoinica (that is a compliment btw  |
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mastercoin at least it got a price
So does CC. It's the smallest 0-fee bitcoin transaction that can be sent through the bitcoin network. He clearly meant that the format is conducive to speculation, direct value, etc. Whether that's a +, the future will decide. This does in a sense give it momentum, and at the least grabs attention. Which is why I'm wondering if MC is all speculation for the price. CC biggest advantage is that it will be cheap for everyone to use forever. For MC to be valuable it has to do something CC can't. And it does do things CC can't. You'll find out in 3-6 months. Perhaps both can live, and others. The market place doesn't need 1 solution for all problems. |
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Well..BTC has appreciated a little bit since I posted, and if it was me, I would hang onto them unless I needed them for transactions. So no, I am not expecting anyone to pay in BTC - I just put it out there that I was willing to take them. There has been an interesting response, not just on this site..:-)
Posting my profits for the world at large to see...funny...for any serious buyer, of course..but you won't find any serious company posting profits publicly, unless they are a public company.
The latter is not true in places like Sweden where all company data is available. Just some global persepective... Why dont you take your time on this, and think about using mastercoin or colored coin to do a virtual ipo of p2p of a dividend paying p2p tradable equity selling your entire stake. But of course it depends on if it is making a decent return for would be investors. Not exactly sure what the legal issues would be given a global set of jurisdictions... but no one makes history by following red tape. This option should be ready by spring 2014. Not only would you get btc but you would be one of the first to do this for a non bitcoin ecosystem firm. |
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Buy as much bitcoins as possible, then wait a year without looking at charts. After that you will get more profit than those who spend sleepless nights "predicting" crashes and bubbles.
This is good advice. I wish I could do that but I am a grad student at the moment and my income is rather sporadic so I place orders at way below market value, and wait patiently |
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Reward MasterCoins
For every 10 MasterCoins sold, an additional “reward MasterCoin” will also be created, which will be
awarded to the Exodus Address slowly over the following years.
As you have said above，the Reward MasterCoins distribution is Centralized. every 10 MasterCoins sold the Reward MasterCoins will be awarded to the Exodus Address,that means Reward MasterCoins will all be yours. Why not consider Reward the traders in a reasonable percent?
As I understand it the reward goes to the Mastercoin Foundation and can be used for further accelerating MSC development. Trading is economically rewarding in and of itself, if one is rational and lucky, therefore it should not require a subsidy. Such a subsidy would reward unnecessary trading. |
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Proven method
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I don't think we should use invalid ECDSA points if at all possible though as we'd be making it blindingly easy to censor mastercoin; the bitcoin devs could simply enforce ECDSA point validity checking on multisig pubkeys and we'd be in trouble.
This is already being implemented, in fact. Nothing to do with mastercoin. Why wouldn't making it "blindingly easy" to discriminate between transactions considered a feature? If msc is a net benefit for the Bitcoin network, this feature would assist in verifying that, yes? Not arguing for this method, just suggesting that this reason for avoiding it doesn't speak well of msc. I dont get it. What you are saying is... yes lets not conform to the standard and if people think our message is valuable enough they also will break away from the standard to accommodate us... |
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I'd use the word symbiotic rather than parasitic, since I believe we'll be good for bitcoin in the long run. I had a similar thought as I read it. "epiphytic" - is more accurate in my view. See: http://en.wikipedia.org/wiki/Epiphyte Mastercoin doesn't take nutrients from or otherwise 'feed' off the blockchain - it merely hangs thereon and takes nothing away therefrom. A true 'parasite' feeds off its host and takes essence therefrom. But this cannot be a surprise. Both Peter and Meni jump at every chance to play Mastercoin into poor light - even when that includes using terms which are not accurate. Indeed it is symbiotic at the network level. Because while msc tx are made up of btc tx which use resources, the btc network needs more tx to build maintain a monopoly/leader position in the market which is the true goal of any economic organism in a free market. Thus msc by bringing tx to the btc network is exchanging one thing of value (btc network security) for another thing of value (more users, more tx). On a side not I have notcied I the btc tx per block record that it has not increased lately. If we can move at least some stocks over to MSC, the number of tx per block will increase dramatically and you can bet that you will be a 10x or more growth I the price of btc. Msc as well, but I dont understand it's capitalization dynamics enough to make an educated guess yet. |
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Both websocket and socketio broken. No Bots equals No Life on Gox!
I'm bored, c'mon GOX Told support, they said they are working on it. 13 hours it's been down, and counting ... Ah so this is how the market looks with no bots... totally dead |
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Good luck filling 1 GB with cryptographically secure data in 1 second. In debug mode I cannot even memset 1 GB in 1 second.
Okay, we better inform the author of the white paper who wrote, >For example, simply populating 1 Gigabyte of memory with crypto-graphically secure pseudorandom data can take a second to perform. Anyway, the exact speed is not important - the point is still the same, the slower the hash, the more room for paralellization. LOL, what was the author who wrote that thinking. My aim was to create the fastest hash function I could that met one key criteria... unpredictable run length. The unpredictable run length means an unpredictable number of iterations of some fast algorithm. The other criteria was to use just enough memory to foil GPU parallelization by consuming a lot of GPU cache. The point of Scrypt was to make parallel operation difficult and its primary weakness is that validation time suffers as you scale it. You may wish to reconsider foiling efforts that create the most efficient market outcomes and use of resources. Imagine a world where all transactions and communications are conducted through p2p networks. This world needs a massive amount of computing power, networks which are costlier to operate lose out to networks which can be operated cost efficiently. Also keep in mind that GPU farms keep out botnets. |
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i made a huge revelation...
if you rearrange the letters in satoshi nakamoto you get...
so a man took a shit
how many BTC does he have to dump?
fucking hell! any other solutions? then i ran the anagram tool and i found that it also matches to this... i took a hot man ass |
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i made a huge revelation...
if you rearrange the letters in satoshi nakamoto you get...
so a man took a shit
how many BTC does he have to dump?
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Status update? What is happening here? You can't move btc to gox or out?
I would guess that it is all synced up by now. Not sure, my larger order from yesterday still hasn't shown up on the blockchain, let along my wallet. All the little 0.1btc tests I did went through within minutes yesterday, just not the important bigger one... yet... at least. I did a test withdrawal of 1.5 BTC and it worked a couple of hours ago. It took a while (1 hour maybe) to show up on the blockchain though. Mine has been 18 hours thus far, wonder how long this shall last... That's not right - I'd contact support if I were you. I did 6 hours ago. Three hours ago I was given a link to the blockchain.info page for my wallet address and was told that it was on the network.... it wasn't... just some of the 0.1 tests I did. I politely told them this, but no reply yet. Apparently they manually approve larger withdrawals. you should go in the IRC #mtgox channel magicaltux was on there earlier |
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woah gox and bitstamp almost at parity...
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They're reloading the blockchain but it's 47,000 blocks behind so it's going to take some time.
Oh my god. Really? /facepalm the gox strikes again!  |
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How to get your first bitcoin? From trade, or mining，or job，or sell some thing.
You can tell your story about your first bitcoin.
I traded some XRP i was given for it... and by the way there is currently an XRP give away if you have a github account, i think it is only about 2000 xrp, but that's worth .1btc |
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18% in 24 hours is not healthy growth. We've been there before. A correction down is expected. But long term we will be at $200 by the end of 2013!
yea but remember the climb from $30+... we had an almost 10x climb to a new high of 266... then fell to about 49 for a second maybe... that is not so say we will not have localized dips |
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