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Author Topic: Newbies Hangout  (Read 25429 times)
altuin
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December 24, 2011, 06:07:20 AM
 #41

More PC Raising
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Shashi Yakuza
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December 25, 2011, 04:00:29 AM
 #42

I'm more of a reader than a poster, been lurking around since September or so. I am a Jr. Programmer,figured bitcoin would be a good start to learn about GPGPU programming. Now I am addicted to running bitcoin scenarios LOL. I have spreadsheets with 100K+ lines of random monte carlo calculations trying to find an accurate relationship between Difficulty, BTC Price, Momentum, Power Consumption etc. Not doing so great LOL, its all so deceptively random. Like my heart tells me it is random, by my brain will not give up on findin that hidden LOG calculation burried in all this somewhere.
“If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.” - Warren Buffet
mav
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December 26, 2011, 09:18:36 PM
 #43

Trying to get my post count up so I can post about graphing some bitcoin data. I reckon bitcoincharts is a great website but there's some extra stuff I'd like to see so will try to make some charts. Some non-market specific stuff, and some general information-is-beautiful type infographics.
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December 26, 2011, 09:49:24 PM
 #44

I also want to reply to this thread

https://bitcointalk.org/index.php?topic=55729.0

Quote
Can someone find any way I can explain to people that bitcoin is not a scam? My friends keep telling me i am being scammed when I buy bitcoin

I would approach this the Socratic way, by asking questions to help the person realise by understanding rather than just trying to impart your knowledge directly to them.

Is fiat money a scam? (of course you expect to hear a resounding 'no')
Is it a scam that governments and banks can print as much money as they want?
Is it a scam that because of that, fiat money is worth less in the future than in the past, eroding the value your savings which you worked hard for?
Do you really think that people, when given the power to print money, will not abuse it?
Who regulates the printing of money? Do they do a good job of it?
Is it a scam that there are a few powerful people pulling the levers of the economy?
Are you happy with a few people telling you what is valuable and what is not? Because that's essentially what fiat money leads to.

What are the benefits of gold as money?
All those benefits are why bitcoin is also good compared to fiat money.
What drawbacks are there to using gold?
Bitcoin has solved those problems also.

Are shares a scam?
Why not?
What about if you bought apple or google shares when they just started up, is that a scam? Why not?
Are shares in [valuable but socially/environmentally damaging company] a scam?
These are exactly the same reasons bitcoin is not a scam.

Is paying with cash a scam?
Why not?
What is good about paying with cash?
All the reasons you like cash are true of bitcoin also.
What is bad about paying with cash?
Bitcoin has solved this as well.

Do you know about (any of the more advanced economic things such as options, futures, derivatives)?
How many people in the general population understand these concepts? (not many)
Does that make it a scam? (no)
Why not? (they could find out if they wanted, the detail doesn't need to be known about by most people... etc)
Same is true of bitcoin but moreso, because the basis of it, the code, has been reviewed by experts and validated as not being a scam - if it were a scam it would be apparent in the code immediately and nobody would support it at all.

Do you ever get spam from Nigeria?
If it said [the name of the bank of the person you are talking to] in that email, would you say [their bank] is a scam?
The same is true of the services surrounding bitcoin - just because a third party is untrustworthy, it does not mean the core concept is broken, just that the services surrounding it needed to improve, which they have.

Ultimately the value of something reflects the value of it to society. Or rather, it SHOULD do that. Fiat money greatly clouds these issues because it funds unpopular wars, undesirable corporations, and excessive bureaucracy. Bitcoin is not a scam because it allows the true value of goods and services to be reflected in their price.

Of course if you don't know your shit you can get your arse handed to you, and even if you do know your shit you will be into a rollicking argument very quickly, but these are all interesting questions that should at least begin to impart doubt into the minds of people who think bitcoin is a scam. At the very least it will hopefully make them realise it's no LESS of a scam than any/most other monetary systems.
N.Olmos
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December 26, 2011, 11:08:26 PM
 #45

Hi mav,

This is great advice. I went ahead and linked your comment in the other thread.

n.olmos

Refer friends and earn 25%!

http://offers.coinad.com/?r=3
mav
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December 27, 2011, 12:13:06 AM
 #46

Hi mav,

This is great advice. I went ahead and linked your comment in the other thread.

n.olmos

Thanks... and this post should bring me up to the needed count.
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December 27, 2011, 12:56:34 AM
 #47

Congratulations!

I did not know how much longer before you got out of Newbie Prison.

n.olmos

Refer friends and earn 25%!

http://offers.coinad.com/?r=3
Raoul Duke
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December 27, 2011, 12:59:27 AM
 #48

Congratulations!

I did not know how much longer before you got out of Newbie Prison.

n.olmos

You couldn't know. Post count isn't the only factor to account for. Logged in time(4 or 5 hours) is the other factor.

5 posts + 4/5hrs logged in Wink

dirtycat
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December 27, 2011, 09:15:15 AM
 #49

I love this place!

poop!
dirtycat
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December 27, 2011, 09:17:56 AM
 #50

Merry Late Christmas..

..
..
..

I predict silver will hit 100 this year

poop!
SpontaneousDisorder
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December 27, 2011, 09:19:51 AM
 #51

Merry Late Christmas..

..
..
..

I predict silver will hit 100 this year

Wait... THIS year?
dirtycat
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December 27, 2011, 09:24:14 AM
 #52

sorry.. next year.. 2012.. i thought it was 2012 already.. stupid holidays

poop!
DandoRealIta
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December 27, 2011, 10:36:44 AM
 #53

Let's get out from this section Smiley

Selling Steam Games and TF2 Keys and Refined metal for Bitcoins:
https://bitcointalk.org/index.php?topic=55775.0
Queelis
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December 27, 2011, 02:08:56 PM
 #54

All this lurking just to thank ckolivas for CGminer.. Ugh.

Though, it does act strange on my system - at times it gives me 84 Mhash/s (for a 4830 it's friggin awesome), sometimes only 64. Go figure. That's what I want to ask them about Smiley
TheHeroMember
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December 27, 2011, 02:34:05 PM
 #55

Let's get out from this section Smiley

Some 8 posts and 5hours stay bailed you out from the Newbie Prison. Congratulations.


Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
TheHeroMember
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December 29, 2011, 04:27:02 PM
 #56

My new year resolution is? hmm... thinking...

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
tickets
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December 29, 2011, 07:31:23 PM
 #57

Is there any explanation around for the terminology at the top of bitcoincharts.com?


I mean this stuff


Blocks   159718
Total BTC   7.986M
 
Difficulty   1159929
Estimated   1190701 in 1562 blks
 
Network total   7.954 Thash/s
Blocks/hour   5.75 / 626 s



Thash/s is fairly clear
blocks/hour is that same as transactions/hour?

what about difficulty and estimated?


TheHeroMember
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December 30, 2011, 03:19:07 PM
 #58

Hmmm, let me check.

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
ArtemisZuna
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December 30, 2011, 05:02:17 PM
 #59

Still browsing around, workin' on my posts and time.

Here is a link to my introduction...: https://bitcointalk.org/index.php?topic=15672.msg666459#msg666459

I have "expressed" myself in the graphics available at my CafePress shop. Take a browse thru my shop while you are locked here in newbie heaven...
Grin

My Artemis Zuna Trading Post now offers Bitcoin graphics on shirts, cups, posters, wall peels, license plates and numerous other items.

*-Coming soon-* accept Bitcoins for payments *-Coming soon-*
ArtemisZuna
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December 30, 2011, 05:16:02 PM
 #60

During my browsing, I note that the owners of THIS forum are considering new software. If I could "vote", I would vote for the current Simple Machines Forum (SMF) software or the new 2.0 version.

I run a couple of forums and both use the SMF software. I love the way it looks and works. I REALLY like the nice "crisp" look of the CLASSIC Simple Machines Forum (SMF) used on this version 1 software. If I upgrade my forums to 2.0, I will definitely use the version 1 look (thank goodness the developers were smart enough to offer that choice).

Some of the forums I have visited are a real turn-off because of someone's idea of "fancy" which is really another word for "confusing". Facebook was (past tense because I got sick of fighting it) a good example. Every time I used it, the controls changed and things worked different from the previous time. Yuk! The fact that it is popular only confirms my view of the confused nature of most people's mental makeup.

I like the KISS principle...: Keep It Simple, S____.   Cheesy


My Artemis Zuna Trading Post now offers Bitcoin graphics on shirts, cups, posters, wall peels, license plates and numerous other items.

*-Coming soon-* accept Bitcoins for payments *-Coming soon-*
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