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1  Bitcoin / Bitcoin Discussion / Re: I wish people would shut the fuck up about price. It adds no value. on: December 18, 2013, 09:25:07 PM
Hopefully the hype is gone so when can start building the actual Bitcoin economy, the real guts of it - merchant adoption, international remittance, developer infrastructure, allowing transaction types that were previously impossible (e.g. MULTISIG, ANYONECANPAY etc ...).


what are you talking about? price drives a ton of the things you want to happen here, so it should be a part of the conversation. price goes up, ALL of the things you mention get more attention put on them, and more work put into them.
2  Bitcoin / Bitcoin Discussion / Re: Performed a chargeback with my Visa Provider on: December 05, 2013, 07:34:24 PM
I can;t stop laughing at people  suggesting an escrow , (third party) for a supposed decentralized and p2p currency.

You see the Irony in it?

no, I don't. I'm certain that a third party doesn't 'centralize' things, and it's certainly in the spirit of p2p. They say escrow, what they mean is trust. Find a means to pay someone that includes enough trust for you to be satisfied with the transaction. The same with ANY transaction, BTC or otherwise. Where's the irony?
3  Bitcoin / Bitcoin Discussion / Re: India = massive potential on: December 05, 2013, 07:17:35 PM
Also if I were to sell BTC why would I really want the rupees? So I can see BTC commanding a premium in India - bifurcated exchange rates due to capital controls?


Um, you just said it yourself. So you can rent your beach house for 30k ruppee's without having to deal with ATMs. Just trade your bitcoins..assuming the beach house renter doesn't know what BTC is. Or if they need some of the 30k to pay back the mortgage on the beach house because you paid them in BTC.

Lots of reasons people might want to convert it back.
4  Bitcoin / Bitcoin Discussion / Re: Bank of America covers Bitcoin - 1300$ fair price, potential for growth on: December 05, 2013, 07:07:22 PM
They clearly recognize the potential of Bitcoin as an upcoming ecommerce payment system or a store of value, and as a bank, of course they're interested in the potential, because people are going to need to convert money between Bitcoin/USD.

Hopefully their involvement also brings their lobbyists to keep strict regulation and laws away from the profits they'll be pulling in with BTC..they benefit we all benefit I'm guessing.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 litecoin is now trading at $146, the psychological effect of mBTC on: November 28, 2013, 01:57:42 AM
I feel like this doesn't address that there is in fact already the infrastructure in place to move litecoin into 'acceptability' much more quickly then 2011 bitcoin.

We already have services like coinbase, bitpay, mtgox, etc. that make it fairly straight-forward for merchants to accept bitcoin. That was the hard part. I don't see a reason that any of these services in the future couldn't roll out litecoin support, and instantly put it's acceptability right up there with bitcoin.

I'm not saying it's there yet, but I don't think comparing it to a 2011 bitcoin is a very fair comparison when in fact lots of pieces are in place to make litecoin (or any other coin, for that matter) acceptance a much more simple proposition.
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: GUIMiner-scrypt: A GUIMiner fork for mining scrypt chains on: November 23, 2013, 12:28:15 AM
Ok, having a super strange problem...

Have a new setup with 1x 7990. Installed AMD drivers (latest), fired up guiminer. I have this sucessfully installed on 6 other computers, no issues. This is the only one with a 7990, so I'm guessing something there is causing the problem..

When I start-up guiminer, on my 7990, gpu #2 immediately goes to 100% usage. There are no pools on autostartup (or even entered into guiminer, for that matter). No settings yet. Just a fresh install. Shut down guiminer, #2 goes back to 0% usage, so I'm certain it's causing the problem.

Any thoughts??
7  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 LTC bonus for 1 week mining > 1MH/s on ltc.pro-tech.bz.it on: November 13, 2013, 10:05:14 PM
all slots full? what is the fee on the pool?
8  Economy / Computer hardware / Re: WTS : Diamond 7990s (2 of them) on: September 17, 2013, 04:17:49 PM
escrow? and pics? I'm looking to get a card for gaming.

escrow through bitmit is fine:
https://www.bitmit.net/en/item/53171-diamond-7990pe56g-radeon-hd-7990-6gb-gddr5-graphic-card


I'll upload some pics later on today of the actual card.
9  Economy / Computer hardware / Re: WTS : Diamond 7990s (2 of them) on: September 16, 2013, 05:06:34 PM
bump with large price drop (to $535 shipped). Have 1 of these left. BTC (or LTC) only.
10  Alternate cryptocurrencies / Altcoin Discussion / WTB: Experienced Pool Operator (scrypt) to answer some questions & setup a pool on: September 08, 2013, 07:22:37 PM
I'm looking to setup a private pool and have some questions I'm looking to get answered from someone who has run a fairly large pool before.

Looking for:
Advice on hardware selection (to run the pool)
Advice on software selection
Setup & Installation of the pool




thanks!
11  Economy / Computer hardware / Re: WTS : Diamond 7990s (2 of them) on: August 22, 2013, 01:17:33 PM
dropped to $665 because of new pricing i didn't realize existed Smiley
12  Economy / Computer hardware / WTS : Diamond 7990s (2 of them) on: August 21, 2013, 04:58:37 PM
Up for sale are 2 Diamond 7990s. I intended on mining with them, but never got this PC put together. They've been sitting in their boxes collecting dust for to long now, so I want to get rid of them.

Asking $535 each, free UPS shipping to the continental US.

any questions just ask. Thanks!
13  Bitcoin / Mining / Re: Which GPU (7970) really does 720+ out of the box? on: May 30, 2013, 08:32:41 PM
What model? Those can't be the GHz edition cards, are they?

They are the GHz cards:

http://www.newegg.com/Product/Product.aspx?Item=N82E16814125413


are the ones I bought.
14  Bitcoin / Bitcoin Discussion / Re: What is the best country to start an exchange in? on: May 30, 2013, 08:27:43 PM
Renounce US citizenship and start the exchange in Costa Rica. Just never travel to any countries that extradite.

Doesn't it take 2 years to become a resident in Costa Rica? If you don't have a US citizenship in the meanwhile....what exactly happens?

Also, would just being a resident there be enough to get you a Costa Rica passport? How would you ever leave?
15  Bitcoin / Mining / Re: Which GPU (7970) really does 720+ out of the box? on: May 29, 2013, 05:33:57 PM
I mine LTC on both sapphire and gigabyte (WF3) cards, and the gigabyte ones are infinitely better.

I get about 720khs per card (vs about 660 on the sapphires) with the following settings:

Core: 1045
Mem: 1500

Concurrency: 8192
Vectors: 1
GPU Threads: 2
Worksize: 256
Intensity: 13


I wish I had only bought the WF3 cards..
16  Bitcoin / Bitcoin Discussion / Re: I'm going on a Bitcoin World Tour on: May 26, 2013, 04:56:22 AM
Make sure you bring fiat and not just Bitcoins. That's been tried once before: http://www.geekwire.com/2011/bitcoin-befuddles-customs-agents-thwarting-seattle-visit-digital-currency-guru/

I would send Bitcoins to people in the other countries to pay them to prepare whatever I need before I get there Smiley

so did the fellow in that article, and he was still turned back..
17  Alternate cryptocurrencies / Altcoin Discussion / Re: [WDC][LOW STALES!][STRATUM ONLY][0% FEE][US EAST COAST] COINDOG.NET!! on: May 24, 2013, 03:04:38 AM
I was more concerned with the pool operating properly more so then possessing more coins. the round estimate of 12 or w/e and recieving 1.9 just threw me off. lol

The payout is based on the actual share ratio. The estimation seems to be inaccurate for most pools.


The estimate is actually (looking) pretty accurate for me. About 1/3rd of the shares, and 1/3rd of the payout.

Just happy I could leech off your blocks during my apparently bad luck streak Smiley
18  Alternate cryptocurrencies / Altcoin Discussion / Re: [WDC][LOW STALES!][STRATUM ONLY][0% FEE][US EAST COAST] COINDOG.NET!! on: May 24, 2013, 12:51:58 AM
Free bump, just to update you so you know you need to update your original post because of the bb code in it:

Address: stratum+tcp://coindog.net/b]

should read

Address: stratum+tcp://coindog.net/


Also, you're 'getting started' page should be updated so it's got those details too. In any event, I'm jumping in because I suspect my last pool wasn't reporting all the blocks. I have no proof, so I'll leave it out of the thread...
19  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][LTC][POOL][PPLNS][STRATUM]Invasion Mining Network[200mhash] on: May 08, 2013, 10:14:55 PM
Down again?
for me too. please come back, don't subject me to my old, inferior pool...
20  Economy / Goods / Re: almost free electricity ($0.0223 per KWh) ALMOST FREE! on: May 07, 2013, 07:19:03 PM
also interested.
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