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Thread: The Bitcoin Tracking Thread

  1. #551
    .999 Unobtanium Horn's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by vacuum View Post
    It's insane how bitfloor is at $78 while bitstamp is at $57.
    Its what happens when finite meets infinite, like popcorn on a hot tin plate.

    This is what Bitcoin is trying to avoid

    Attachment 4689

    Ewww the smell....

  2. #552
    Chatmaster Flash vacuum's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by Shami-Amourae View Post
    Mt Gox is crashing over and over again. It looks like their server upgrades didn't do shit. The market is total apeshit, but when Mt Gox is down BTC-e is stable until Mt Gox is online again.
    Why is bitstamp so much lower than the others?

  3. #553
    Moderator madfranks's Avatar
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    Re: Mining hardware comparison

    Bitcoin is trying to go mainstream, but the infrastructure is not yet there to support it.
    "Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
    - Lew Rockwell

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    Shami-Amourae (11th April 2013),Spun Gold (12th April 2013)

  5. #554
    .999 Unobtanium Horn's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by madfranks View Post
    Bitcoin is trying to go mainstream, but the infrastructure is not yet there to support it.
    Have to get to the point where only the Satoshi go mainstream.

    Then all Bitcoin owners will turn Jewish.

  6. #555
    Unobtanium Shami-Amourae's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by vacuum View Post
    Why is bitstamp so much lower than the others?
    It has very low volume, so price discovery isn't as accurate.

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  8. #556
    Bitcoin Miner Ares's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by madfranks View Post
    Bitcoin is trying to go mainstream, but the infrastructure is not yet there to support it.
    Yep, we need probably 5-7 more type exchanges like MtGox (in size and volume) in order to have a stable price discovery and trading platform.

    MtGox is a central point of failure at the moment as we've all noticed. When they go down the price of BTC's plummet. Which makes sense as they do 80% of all BTC transactions. That is a HUGE chunk of market price discovery exiting the market when they have a hiccup.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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  10. #557
    Chatmaster Flash vacuum's Avatar
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    Re: Mining hardware comparison

    The latest technology investment craze that has made Winklevoss twins $11MILLION: Brothers among the latest geeks striking it rich with internet currency 'Bitcoins'

    • Tyler and Cameron Winklevoss have revealed they own about 1 per cent of all Bitcoins
    • The online currency is showing promise, but suffered catastrophic losses on Wednesday

    By Daily Mail Reporter, Associated Press and Reuters Reporter
    PUBLISHED: 19:30 EST, 11 April 2013 | UPDATED: 21:12 EST, 11 April 2013



    After years of bitterness surrounding the development of Facebook, the Winklevoss twins are making a comeback with Bitcoins.
    Tyler and Cameron Winklevoss, popularly known as 'The Winklevii,' rose to notoriety during an epic legal battle in which they accused Facebook founder Mark Zuckerberg of stealing their social network idea.
    But perhaps now the brothers can leave that behind them with their investment in Bitcoins - a digital currency that is bought and sold on a peer-to-peer network independent of any central control.


    more:
    http://www.dailymail.co.uk/news/arti...-Bitcoins.html



    It's starting to get a lot of press.

  11. #558
    Unobtanium Shami-Amourae's Avatar
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    Re: Mining hardware comparison


  12. #559
    .999 Unobtanium Horn's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by Ares View Post
    Yep, we need probably 5-7 more type exchanges like MtGox (in size and volume) in order to have a stable price discovery and trading platform.
    If there's any further proof needed from a more infinite & positive drone that Cisco was the creator. Powered by the great software eyecandy loopers makework project, lying before the eyes of God to their Bitcoin creators finite-ness.

    These servers will be powered by Bernankes spinoffs.

  13. #560
    Bitcoin Miner Ares's Avatar
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    Re: Mining hardware comparison

    Quote Originally Posted by Horn View Post
    If there's any further proof needed from a more infinite & positive drone that Cisco was the creator. Powered by the great software eyecandy loopers makework project, lying before the eyes of God to their Bitcoin creators finite-ness.
    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

    These servers will be powered by Bernankes spinoffs.
    According to latest OS fingerprints, looks like their servers are powered by Linux.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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