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1421  Alternate cryptocurrencies / Altcoin Discussion / Re: BlockBurner FPGA - Litecoin Miner - Forums Live on: May 12, 2013, 11:15:57 PM
In reference to pre-orders, what kind of currency are you considering as payment? Or maybe you guys haven't thought that far ahead. :x

I am not settled on that detail at the moment, but likely USD and LTC for sure, maybe BTC if I see a demand for it, but I would like to support Scrypt coins as this is a Scrypt device.



How would you all prefer to pay is perhaps a better question Smiley

Ill add this to our FAQ
1422  Alternate cryptocurrencies / Altcoin Discussion / Re: KanoCoin on: May 12, 2013, 02:12:08 PM
Just tell me where the KNC spreadsheet exchange is so I can get scammed and complain about it for a week. If there is none this is no altcoin at all!  Grin Grin
1423  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][INC] IndianCoin: Super Alt-Coin Released on: May 12, 2013, 01:56:00 PM
LOL THIS WAS BIG TROLL. But seriously the actually finished copy of IndianCoin will be released on Friday the 17th

that's not funny man, i closed my franko and gamecoin miners for this, i've lost of on at least 0.00002 frankos and all those blocks with the '?' in my gamecoin wallet (btw when do those turn in to matured coins?). How will i ever pay back my 7950's loans at this rate?

Spending any resources mining any of these flavoroftheweekCoins is a risk. If you want to ensure your miners are doing something productive, point them at more established coins like BTC or LTC that have been around a lot longer than a couple days. There is no way to tell if a coin will become established or not. Betting your ROI on on these isn't safe.
1424  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: May 12, 2013, 01:31:41 PM
It seems keeping your money in a bank is just about as safe as leaving it on a bus bench in a bad part of town...
1425  Bitcoin / Bitcoin Discussion / Re: The Slow confirms, solutions, discussion. Wide adoption on: May 12, 2013, 01:17:09 PM
I would really really like to use bitcoins every day, for every day purchases, and as a merchant. Many talk of wide adoption.

But transactions are SLOW.

What is the solution to this?

I can only really see a system that accepts an amount of risk, or you have to send bitcoins to a merchant and then they issue a value card.

but how to overcome the slow confirms, you can't just stand in line for that long, or is bitcoin going to be a reserve currency, for buying houses and such like?

over to your views/solutions

At some point BTC will only be suitable for very large transactions, which is where Litecoin (or one of the 10 or so derivitive coins) would step in to fill the need for micro-transactions.
1426  Alternate cryptocurrencies / Altcoin Discussion / Re: **UNITE BEHIND LITECOIN** (Why?) on: May 12, 2013, 09:40:42 AM
If anything all of these garbagecoins are making your case for you, as BTC and LTC are granddaddies of them all.
1427  Alternate cryptocurrencies / Altcoin Discussion / Re: BlockBurner FPGA - Litecoin Miner - Forums Live on: May 12, 2013, 09:33:20 AM
I intend to keep this thread updated, certainly.

The problem now is the Altcoin board here has exploded so this thread is getting insta-buried in it, and our own forums was a gimme anyway  Smiley

Operatr
1428  Bitcoin / Hardware / Re: Off-Topic on: May 12, 2013, 05:29:24 AM
Will be watching Smiley
1429  Bitcoin / Hardware / Re: Received BFL Jalapeņo Today! on: May 12, 2013, 05:11:59 AM
I won't be ordering anything else from them.

Everything they do is sloppy. Very sloppy. So sloppy they have become my model for what not to do as a company (BlockBurner). Eventually they basically admitted they sold a pile of vaporware as their design was not even fully fleshed out and tested yet, forcing their hand to re-design the whole line at our expense.

I accepted I may never see my investment again when I made the order, but that doesn't give them the right to bend us all over.

I have a Jally coming at some point, but my shipping address is wrong and cannot be edited directly. Customer service emails are going into a black hole (2 weeks with nothing so far).

There is a crew of amateurs under the glossy veneer. I don't think I'm the only one that feels this way about them.
1430  Alternate cryptocurrencies / Altcoin Discussion / Re: Vircurex hacked! on: May 11, 2013, 08:16:41 PM
Seems to be alive again, all my coin is still there   Smiley
1431  Alternate cryptocurrencies / Altcoin Discussion / Re: BlockBurner FPGA - Litecoin Miner - subReddit active! on: May 11, 2013, 01:03:12 AM
Well, since the Altcoin forum here has quickly outgrown this place, I have set up our own  Cool

http://blockburner.net/forum/index.php



1432  Bitcoin / Bitcoin Discussion / Re: [CORRECTED] IT geeks will rule the world. Soon on: May 10, 2013, 11:23:18 PM
Can we stop using the term "geek" to describe tech professionals and enthusiasts...





1433  Alternate cryptocurrencies / Altcoin Discussion / Cryptonit down - 503 on: May 10, 2013, 11:17:57 PM
Not a very good day for exchanges apparently, anyone know whats up with it?
1434  Alternate cryptocurrencies / Altcoin Discussion / Re: WHy the fuck so many alt coins? on: May 10, 2013, 11:08:02 PM
I don't hate the new alts, but I do feel that this place, the birth of them, needs to be organized. It all depends on the preference of the user like another user referenced cigarette brands. Not all companies can stay alive forever. Since most of these new coins offer little difference to their parent coins(All the new litecoin based) and are valued less, they will fade away and be a mere memory of the time they were alive.  

There is a call for new alt forums, altcointalk.org is being born, altcoinforum.org is already active I believe
1435  Economy / Speculation / Re: What is going on? Trading volume is so low! on: May 10, 2013, 02:40:44 PM

I look at the larger picture though beyond the day trade. Simply holding your BTC could make you a very rich person as governments and banks continue to implode. We have already seen an example of people flocking to Bitcoin with the Cyprus mess, and now Argentinians are getting on board as the Peso crumbles at 25% inflation per year (!!!). The exodus from fiat has only just begun, thanks to the news people are waking up to the fact there is a way out that never existed until now.

The buy in is higher now, but the eventual end game will make that $100/BTC look like nothing when it crests $1000s as banking exiles find a new home in crypto-currency as trust in the fiat system continues its epic decline to irrelevance.

We are the pioneers of the most massive paradigm shift the world has ever seen. Hold on to your butts when the fiat stock markets go straight into the ground a little later this year probably taking the rest of the world with it, and that is happening right now as it reaches the level it did right before the 2002 and 2008 crashes. Real economists not controlled by NewsCorp see it coming, as the stock trade is booming, while real world economics paint a whole different picture of what is really going on. Several nations are on the brink of total collapse, any market quiver will spell the end at this point, and it cannot simply be "fixed" by Bernake's magic money press this time.

I truly believe Bitcoin may very well be the last working economies left, and soon.

The crazy thing is, nobody can say with certainty that your not right. I love the idea of moving toward btc, and away from gov and bank controls. But I cannot see such a dramatic shift as you propose, without some massive pain. There might even be some extreme and undesirable consequences.
Like the Chinese proverb " may you live in interesting times". Yay, like the potato famine, or world wars. Lets hope things dont get too interesting, to quickly.

Indeed. What happens next is both exciting and terrifying at the same time. Obviously I can't know for sure what will happen, but we're headed for something big I think.

1436  Alternate cryptocurrencies / Altcoin Discussion / Re: altcointalk.org - who can help me get it off the ground? on: May 10, 2013, 01:16:50 PM
I'm launching a forum tomorrow.  If you want to launch your own forum... cool, but if you want to help out with mine - even better!   Smiley

No offense, but don't threadjack, start your own
1437  Other / Politics & Society / Re: DEFCAD taken offline at request of US Department of Defense Trade Controls on: May 10, 2013, 01:12:50 PM
DefDist already has a working full auto. The first had problems with the receiver cracking after a few rounds. Realizing they are not made of metal they beefed it up considerably, and can now make it through several clips. This is just the first one

I want to point out, as this is a huge misunderstanding in the current US gun control debate, an AR-15 is semi-automatic, not fully automatic.

A fully automatic fires repeatedly with one pull of the trigger; aka a 'machine gun'.  These have been generally banned since the 1986 Firearms Owners' Protection Act was passed at the federal level.

Semi-automatic weapons fire one shot each time you pull the trigger without needing to be manually reloaded or reset.  Most guns are semi-automatic, with the exception of muzzle-loaders, bolt-action, single-shot, and some revolvers.

Absolutely correct (been up too long...)

I suppose more my point was simply there is already a big brother of the Liberator being developed. I'm curious why the Feds are only now freaking out, since the receiver has been around a while already. The receiver still counts as a gun which is why DefDist went through the steps to be recognized as a legal weapons manufacturer in the 'States.
1438  Other / Politics & Society / Re: DEFCAD taken offline at request of US Department of Defense Trade Controls on: May 10, 2013, 12:10:43 PM
Too bad it doesn't matter, the files are all over everywhere already. Pirate Bay has still not fallen to government scrutiny after spending millions, so...

Open Source is our weapon against oppression, and now that we have moved P2P from simple file sharing into directly messing with money and weapons on the same principals: welcome to the new paradigm. Pretty cool to see this all evolve from the ground floor.

But as serious weapon 3D printing is not practical. Firearm must be reliable to fire tens of thousands of rounds. It must not break when dropped or grabbed by enemy in close quarter combat.

Sharing blueprints of real guns is the way to go. Maybe initially optimized designs like Sten SMG or Makarov PM. Then someone with right tools and materials can make copies.

I'm not so sure about that. Yes, "real" guns are certainly much better long term.

But perhaps the question should be more something like this:

Could John Wilkes Booth have used this effectively?



https://www.youtube.com/watch?v=SZRUpmMIQy8

DefDist already has a working full auto. The first had problems with the receiver cracking after a few rounds. Realizing they are not made of metal they beefed it up considerably, and can now make it through several clips. This is just the first one
1439  Alternate cryptocurrencies / Altcoin Discussion / Re: altcointalk.org - who can help me get it off the ground? on: May 10, 2013, 11:44:34 AM
Will be difficult to move people from this forum to the more appropriate altcointalk.org forum. 

But moving people before has been done: Friendster ==> MySpace ==> Facebook

That may have been true before 3-4 new coins were dropped in the space of a week  Shocked Clearly the altcoins have outgrown these forums and need their own now  Smiley
1440  Alternate cryptocurrencies / Altcoin Discussion / Re: altcointalk.org - who can help me get it off the ground? on: May 10, 2013, 11:34:06 AM
I would like to offer a hosting solution  Smiley PM Sending
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