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Re: Mining hardware comparison
Quote:
Originally Posted by
Shami-Amourae
That's quite an interesting perspective of separating the currency aspect from the capital controls aspect.
Also, good for him for calling out zerohedge.
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Re: Mining hardware comparison
The exchanges are being DDoSed into oblivion. wow.
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Re: Mining hardware comparison
BTC-e is fine.....somehow.
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Re: Mining hardware comparison
Everyone be careful in clicking links, there's zero-day java exploit that automatically empties your Mt Gox and other accounts and installs a keylogger:
https://bitcointalk.org/index.php?topic=173227.0
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Re: Mining hardware comparison
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Re: Mining hardware comparison
Quote:
Originally Posted by
Ares
If you've ever worked on any cisco equipment, you'd retract that statement immediately. LOL
They make AWESOME hardware, their software is horrible to use. Their Cisco iOS is cumbersome, unintuitive, and on older versions required you to even know binary as they didn't even code the binary to human conversion in the software out of what I suspect was pure laziness.
Them having any part in it's creation................. ummm not likely.. LOL
According to latest OS fingerprints, looks like their servers are powered by Linux. :)
Ares, your constant positive droning of infinite access to the finite is only complimented by your alt. operating system fanboyness.
Waves upon waves of cascading Linux code couldn't part the Red sea and save you from swarms of Japanese shortmen locust.{--->)
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Re: Mining hardware comparison
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Re: Mining hardware comparison
Bitcoin crash just happens to coincide with PM's crash. Funny how that works. Might make someone think it is orchestrated to make the serfs think the dollar is the only game in town.
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Re: Mining hardware comparison
Quote:
Originally Posted by
Son-of-Liberty
Bitcoin crash just happens to coincide with PM's crash. Funny how that works. Might make someone think it is orchestrated to make the serfs think the dollar is the only game in town.
Bernie's trying to tease me right now by keeping it at around $70,
he knows I might be able to forgo another pair of shoes made in China.
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Re: Mining hardware comparison
I have lost total respect for Mike Adams with this. His ego has finally gotten completely out of control.
His ego and emotionalism has proved him to be a knee jerk, who reacts on impulse, has no patience, cant see the forest for the trees, exaggerates. WHy cant he just be honest and say he's too scared of having bitcoin on his site and pull it, and not slam the whole idea. Bitcoin is just getting started Mike, the volatility is to be expected. In 2 years Bitcoin will be back either as itself or a Bitchild fork, in 5 years cryptocurrencies will be all over the place, hopefully with many diversified currencies who can't be easily slammed by fascism. The future of crypto lies in local, diversification, and of course the failure of fiat. And the rise of metals, which will happen as soon as they are made illegal. Im not selling my pm's or bitcoins now.
Quote:
Originally Posted by
Horn
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Re: Mining hardware comparison
Quote:
Originally Posted by
Son-of-Liberty
Bitcoin crash just happens to coincide with PM's crash. Funny how that works. Might make someone think it is orchestrated to make the serfs think the dollar is the only game in town.
Yes my thought exactly.
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Re: Mining hardware comparison
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Re: Mining hardware comparison
Quote:
Originally Posted by
vacuum
The infrastructure is being built. What we just saw certainly was a speculative bubble, but in five years time, I bet price discovery for bitcoin will be over and it will have settled to a comfortable stability.
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Re: Mining hardware comparison
Quote:
Originally Posted by
madfranks
The infrastructure is being built. What we just saw certainly was a speculative bubble, but in five years time, I bet price discovery for bitcoin will be over and it will have settled to a comfortable stability.
I'm with you.
Either that, or its aAttachment 4691
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Re: Mining hardware comparison
Quote:
Originally Posted by
Horn
Yep, it has to sink or swim on its own terms. If the infrastructure doesn't catch up, well we'll all be looking at a big goose egg. But IF it can raise to the challenge, I think everyone will benefit. Even those who do not even use it as it will be a source of competition with the dollar.
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Re: Mining hardware comparison
Here's the response to all the DDoS attacks that have been ongoing (I'm assuming from Israel, etc):
http://www.reddit.com/r/Bitcoin/comm...mance_bitcoin/
People are now coming together to make some (awesome?) open source exchange software.
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Re: Mining hardware comparison
It would be nice if there was a decentralized exchange system somehow...
And yes I think that is possible.
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Re: Mining hardware comparison
Two worlds colliding....a guy who only accepts bitcoins and a georgetown professor:
http://video.foxbusiness.com/v/22970...-be-regulated/
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Re: Mining hardware comparison
Warnings about using btc-e. They say money is getting stolen:
http://www.reddit.com/r/Bitcoin/comm...ses_of_stolen/
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Re: Mining hardware comparison
Quote:
Originally Posted by
vacuum
If its pier to pier they should be able to hone in on where its coming then going, No?
Oh that's right there is no they....
Now they're going to start building exclusive Secure Bitcoin rigs and selling those, Armored Miners...
Hardware manuf. must be drooling.
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Re: Mining hardware comparison
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Re: Mining hardware comparison
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Re: Mining hardware comparison
Well, I'm totally out now. I lost a pretty good amount of money (a little over 50% of what I put in). Learning experience I guess.
If the metals markets weren't melting down right now I'd have maybe stayed in, but things are too risky right now.
I hope this was a good learning experience.
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Re: Mining hardware comparison
MARCH 19TH:
Quote:
Originally Posted by
vacuum
The value of bitcoins is so high right now that you could make a lot of money by being the first one to find a weakness.
I'm sure the code has been gone through with a fine-toothed comb by many people.
APRIL 15TH:
Quote:
Originally Posted by
vacuum
Well, I'm totally out now. I lost a pretty good amount of money (a little over 50% of what I put in). Learning experience I guess.
If the metals markets weren't melting down right now I'd have maybe stayed in, but things are too risky right now.
I hope this was a good learning experience.
Consider it cheap tuition in the School Of Hard Knocks. You are much wiser now.
:)
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Re: Mining hardware comparison
Bitcoin is getting beaten like a red headed step child right now. Glad I didn't chase the price on this thing. Although I did spend some money on mining equipment. I am going to continue to mine various coins. This market will make some big gains again just not soon is my guess.
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Re: Mining hardware comparison
metart (huge porn site) now accepting bitcoin
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Re: Mining hardware comparison
Just saw someone buy 1010 btc, then a few trades later someone sold 553 ($50 dollar level).
But yeah....$50. Dropping like a rock.
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Re: Mining hardware comparison
Quote:
Originally Posted by
Jewboo
MARCH 19TH:
APRIL 15TH:
Consider it cheap tuition in the School Of Hard Knocks. You are much wiser now.
:)
The pain of a big loss in real experience is indeed something you will remember for a long time!
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Re: Mining hardware comparison
Current price: $57
To keep it in perspective, bitcoin is still over twice the price of silver.
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Re: Mining hardware comparison
Quote:
Originally Posted by
sirgonzo420
Current price: $57
To keep it in perspective, bitcoin is still over twice the price of silver.
Yeah but dogs are much more expensive! ;D
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Re: Mining hardware comparison
There's the growth of bitcoin since the beginning. It appears that it's steadily growing.
Only one of the breakout areas actually went down, the others usually just continued sideways for the most part.
http://s10.postimg.org/druuj7ljt/chart.png
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Re: Mining hardware comparison
I may be wrong, but I think it's near a bottom. Unfortunately most people buy into things when they are near the highs and not near the bottoms. Especially with Litecoin just barely under $2, I think both are a good buy here. Litecoin could be one of the best investments you could make right now, and has potential of going up 50 fold or more in the next year or two. That's my own opinion and if I had spare cash I'd be buying up Litecoin, not Gold/Silver. I hate to pump things, but I really believe that.
https://btc-e.com/exchange/ltc_usd
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Re: Mining hardware comparison
Quote:
Originally Posted by
Shami-Amourae
I may be wrong, but I think it's near a bottom. Unfortunately most people buy into things when they are near the highs and not near the bottoms. Especially with Litecoin just barely under $2, I think both are a good buy here. Litecoin could be one of the best investments you could make right now, and has potential of going up 50 fold or more in the next year or two. That's my own opinion and if I had spare cash I'd be buying up Litecoin, not Gold/Silver. I hate to pump things, but I really believe that.
https://btc-e.com/exchange/ltc_usd
I agree. It's just that these exchanges are all so shady and risky that I don't even like to use them at all.
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Re: Mining hardware comparison
Quote:
Originally Posted by
vacuum
I agree. It's just that these exchanges are all so shady and risky that I don't even like to use them at all.
I know. I hope/think entrepreneurs will fix that in time.
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Re: Mining hardware comparison
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Re: Mining hardware comparison
Well, as I feared.....trying to get my money out now, the site is down.
http://www.reddit.com/r/Bitcoin/comm...ccount_closed/
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Re: Mining hardware comparison
Quote:
Originally Posted by
vacuum
Goodluck. Fucking banksters just shut their bank account down like that. This transition period is ugly. I hope it doesn't shake your overall belief in cryptocurrencies since of what banksters just did.
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Re: Mining hardware comparison
Quote:
Originally Posted by
Shami-Amourae
Goodluck. Fucking banksters just shut their bank account down like that. This transition period is ugly. I hope it doesn't shake your overall belief in cryptocurrencies since of what banksters just did.
Luckily I went back into bitcoins before the price went back up :)
I'm transferring them to a blockchain wallet now. Trying to, anyway.
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Re: Mining hardware comparison
Quote:
Originally Posted by
vacuum
Luckily I went back into bitcoins before the price went back up :)
http://www.banyanbranch.com/social-b...1/04/haha1.gif
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Re: Mining hardware comparison
whew, the majority of my bitcoins just showed up in my wallet. It took an hour and 40 minutes to show up with the first confirmation.
If I had left it as cash it could have taken weeks to get it back.
edit: I have it all safe now