CSLthree3
Newbie
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Activity: 2
Merit: 0
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June 28, 2012, 09:50:07 PM |
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Hi, I'm in the U.S. Read about Bitcoin a little over one year ago, but didn't think too much about it at the time. I have a question about Bitcoin and Mac OS X Lion, so I'll go ahead and post my question. Just browsing before I registered, and it really looks like I'll have to do more reading here than I ever did while in college!  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Alwaysmining
Member
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Activity: 72
Merit: 10
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June 28, 2012, 10:11:49 PM |
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Hi, i am alwaysmining, as you can see by the name. I am here to hopefully sell some hardware and make some good friends.
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recursive
Newbie
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Activity: 53
Merit: 0
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June 29, 2012, 07:35:26 AM |
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Hey there, I'm a CS student, and wrote a paper on bitcoins for a class this past semester; definitely piqued my interest. Looking forward to getting involved in the bitcoin community.
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Ultimist
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June 29, 2012, 08:26:36 AM |
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Hello all... Just a guy from Montana here. Just now getting into bitcoins and looking to learn everything there is to know!
Ult
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meetcab
Newbie
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Activity: 12
Merit: 0
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June 29, 2012, 08:34:39 AM |
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I am from Ghana .Wish i am welcomed here !!!  |
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strello
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June 29, 2012, 08:43:26 AM |
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Hi there
I must say it's a pleasure to browser around a forum and find so much positive thinking, playful desire for change, generosity, and fun.
I'm very glad I've made the first steps in becoming part of the bitcoin community
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It is futile to speak of liberty as long as economic slavery exists. My GPG key |
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buuu
Newbie
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Activity: 12
Merit: 0
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June 29, 2012, 11:25:34 AM |
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hey, what's up bitcoiners? Fear me - soon all bitcoins will be mine! MUHAHAHAAAA! How do you want to achieve that? do you really think i'm gonna tell you? |
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Blaztoize
Donator
Full Member
Offline
Activity: 196
Merit: 100
My posts are seldom static, but always readable :)
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June 29, 2012, 12:40:15 PM |
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hey, what's up bitcoiners?
Fear me - soon all bitcoins will be mine! MUHAHAHAAAA! How do you want to achieve that? |
Pokédex: The jets of water it spouts from the rocket cannons on its shell can punch through thick steel.
BTC: 1Pt2zKYL1CzgqoWy2gETLrqZhWTQSziVno
As of July 2015, I'm back! Currently working on building trust.
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Blaztoize
Donator
Full Member
Offline
Activity: 196
Merit: 100
My posts are seldom static, but always readable :)
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June 29, 2012, 01:46:52 PM |
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Hi there
I must say it's a pleasure to browser around a forum and find so much positive thinking, playful desire for change, generosity, and fun.
I'm very glad I've made the first steps in becoming part of the bitcoin community
Welcome! I'm glad that you can see these qualities that this forum offers! Now that you've made your first steps, I hope that you'll enjoy your time here.  |
Pokédex: The jets of water it spouts from the rocket cannons on its shell can punch through thick steel.
BTC: 1Pt2zKYL1CzgqoWy2gETLrqZhWTQSziVno
As of July 2015, I'm back! Currently working on building trust.
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Randy
Newbie
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Activity: 14
Merit: 0
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June 29, 2012, 04:55:05 PM |
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Hey! I'm Randy, new to Bitcointalk, old in the Bitcoin world Greetings! |
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Holographic
Member
Offline
Activity: 66
Merit: 10
Global Currency for Global Unity
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June 29, 2012, 05:27:26 PM |
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Hi there! I'm an IT technician from Norway who just recently got hooked on the idea of BTC and I'm looking to learn more from all of you good people on this forum. Eventually I will be trading and investing, but so far I have only been mining. In the last few weeks I have been able to set up a rig that is currently mining at 2.6 Gh/s. I'm very excited about the many possibilities of BTC, and hope to be able to use this forum as an asset to myself of course, but in time I'd like to be able to contribute positively as well Now for my first question on this forum (which should probably be mailed to BFL, but they seem extremely busy with ASIC orders): I read about BFL and their plans for a custom ASIC chip and figured I'd get in early. I ordered som units like the first hour or so the order form came online and got a pretty good spot in the queue i think (1694). I had to pay with a wire transfer because I am quite new to BTC mining and just didn't have enough coins for the purchase. I just received the wire transfer instructions, and immediately authorized the transaction through my online banking system because I understand my placement in the order queue depends on when BFL actually receive the payment(minus the time it took for them to mail me the instructions). It is now friday afternoon in Norway, and I don't think the transaction will be processed until monday, so I am wondering if they count the weekend as well or only business days? If they do count the weekend, my transaction, and copnsequently my placement in the queue, will be delayed 3-5 days. I'm not too excited about that tbh. If anyone has received any clarification on this, please let me know Regards, Holo |
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Oxin
Newbie
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Activity: 25
Merit: 0
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June 29, 2012, 06:09:33 PM |
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this great forum) very useful
...need logged 4 hours? bad, i logged guest 20-25 hours, but registered only now)
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MoonShadow
Legendary
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Activity: 1708
Merit: 1007
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June 29, 2012, 08:20:50 PM |
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Hi there! I'm an IT technician from Norway who just recently got hooked on the idea of BTC and I'm looking to learn more from all of you good people on this forum. Eventually I will be trading and investing, but so far I have only been mining. In the last few weeks I have been able to set up a rig that is currently mining at 2.6 Gh/s. I'm very excited about the many possibilities of BTC, and hope to be able to use this forum as an asset to myself of course, but in time I'd like to be able to contribute positively as well Now for my first question on this forum (which should probably be mailed to BFL, but they seem extremely busy with ASIC orders): I read about BFL and their plans for a custom ASIC chip and figured I'd get in early. I ordered som units like the first hour or so the order form came online and got a pretty good spot in the queue i think (1694). I had to pay with a wire transfer because I am quite new to BTC mining and just didn't have enough coins for the purchase. I just received the wire transfer instructions, and immediately authorized the transaction through my online banking system because I understand my placement in the order queue depends on when BFL actually receive the payment(minus the time it took for them to mail me the instructions). It is now friday afternoon in Norway, and I don't think the transaction will be processed until monday, so I am wondering if they count the weekend as well or only business days? If they do count the weekend, my transaction, and copnsequently my placement in the queue, will be delayed 3-5 days. I'm not too excited about that tbh. If anyone has received any clarification on this, please let me know Regards, Holo This should be a lesson to all newbies. Bitcoin removes the need for a trusted third party, but it does not remove the need to trust your counterparty. If you don't do your due diliigence, you can exkpect that sooner or later you are going to run into a con game. I'm not saying that BFL is a con game, but I have yet to hear of anyone who has received their paid order. If you get screwed, this is not bitcoin's fault. It woks like cash, and trusting someone on the Interent because he has a slick website is like buying a genuine gold Swiss watch from some guy you met in an ally. Just because it was half off, doesn't mean that you didn't get scammed. |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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Holographic
Member
Offline
Activity: 66
Merit: 10
Global Currency for Global Unity
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June 29, 2012, 10:13:39 PM |
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This should be a lesson to all newbies. Bitcoin removes the need for a trusted third party, but it does not remove the need to trust your counterparty. If you don't do your due diliigence, you can exkpect that sooner or later you are going to run into a con game. I'm not saying that BFL is a con game, but I have yet to hear of anyone who has received their paid order. If you get screwed, this is not bitcoin's fault. It woks like cash, and trusting someone on the Interent because he has a slick website is like buying a genuine gold Swiss watch from some guy you met in an ally. Just because it was half off, doesn't mean that you didn't get scammed.
Hi, and thanks for the reply, although I disagree that there is any lesson to be learnt from anything I wrote. If I get screwed, of course it is not bitcoins fault, and I am aware that there is a risk involved. If the investment doesn't pay off, I have only invested money I was prepared to lose (now there is a lesson ), but there are plenty of BFL products (FPGA) out in the wild right now and lots of people who can confirm this. I honestly do think BFL will deliver though. Maybe not with the exact specs they state, and most likely it will be delayed, but it seems that anyone not mining with ASIC hardware in 6 months time, will be left behind. I feel the potential reward is worth the risk, so after much consideration I placed the order. I was really just wondering if anyone know for sure if BFL only count business days when they calculate the order queue, because if they include the weekend, it is slightly annoying to receive the wire transfer details on Friday afternoon |
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Tyrael
Newbie
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Activity: 4
Merit: 0
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June 30, 2012, 02:27:19 AM |
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Hi, I'm an archangel from the High Heavens  |
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kazcho
Newbie
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Activity: 1
Merit: 0
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June 30, 2012, 05:26:20 AM |
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Posting so that I can be able to post elsewhere, Already made some btc, just want to be able to trade haha
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4EverMaAT
Newbie
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Activity: 20
Merit: 0
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June 30, 2012, 08:12:06 AM |
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Hi, I'm new here. Well, I've been following the forum for about a year, but lame n00b rule means I can't post anywhere else yet  I operate btcback.com which is currently just a free Electrum ( http://http://ecdsa.org/electrum/) server. If you haven't tried Electrum yet, you should. It's easier to use than the official client and much faster to set up or start up. This is because it does not download the blockchain. Instead, it relies on a server to handle the blockchain and talking to the Bitcoin network. Your wallet/secret keys are stored on your computer and the server never has access to them. It also has some nice features to help protect you from losing your wallet if your computer crashes. Does your client offer mining capability? I was reading that CPU mining isn't too effective, but I would like the opportunity to do so if I choose. |
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LittleDigger
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June 30, 2012, 09:07:47 AM |
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This should be a lesson to all newbies. Bitcoin removes the need for a trusted third party, but it does not remove the need to trust your counterparty. If you don't do your due diliigence, you can exkpect that sooner or later you are going to run into a con game. I'm not saying that BFL is a con game, but I have yet to hear of anyone who has received their paid order. If you get screwed, this is not bitcoin's fault. It woks like cash, and trusting someone on the Interent because he has a slick website is like buying a genuine gold Swiss watch from some guy you met in an ally. Just because it was half off, doesn't mean that you didn't get scammed.
Hi, and thanks for the reply, although I disagree that there is any lesson to be learnt from anything I wrote. If I get screwed, of course it is not bitcoins fault, and I am aware that there is a risk involved. If the investment doesn't pay off, I have only invested money I was prepared to lose (now there is a lesson ), but there are plenty of BFL products (FPGA) out in the wild right now and lots of people who can confirm this. I honestly do think BFL will deliver though. Maybe not with the exact specs they state, and most likely it will be delayed, but it seems that anyone not mining with ASIC hardware in 6 months time, will be left behind. I feel the potential reward is worth the risk, so after much consideration I placed the order. I was really just wondering if anyone know for sure if BFL only count business days when they calculate the order queue, because if they include the weekend, it is slightly annoying to receive the wire transfer details on Friday afternoon I live on a pittance so I'm hedging my bets. I'll wait until BFL starts rolling out the new ASIC's and take a look at the mining environment and make a decision then. My greatest concern is that between the halving of rewards for blocks, and large capital investments in ASIC's by individuals, mining will require large capital investment and be beyond the reach of hobbists like myself. On the other hand, I may get a return on my initial investment of 50% and end up with two decent gaming rigs. I know there are BLF products out there, but a cardinal rule of dealing on the internet has been not trusting dealings by wire order. |
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4EverMaAT
Newbie
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Activity: 20
Merit: 0
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June 30, 2012, 12:49:23 PM |
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I live on a pittance so I'm hedging my bets. I'll wait until BFL starts rolling out the new ASIC's and take a look at the mining environment and make a decision then. My greatest concern is that between the halving of rewards for blocks, and large capital investments in ASIC's by individuals, mining will require large capital investment and be beyond the reach of hobbists like myself. On the other hand, I may get a return on my initial investment of 50% and end up with two decent gaming rigs. I know there are BLF products out there, but a cardinal rule of dealing on the internet has been not trusting dealings by wire order.
Why can't you trust any dealings by wire order? |
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