There are hardware cold storage devices available for sale now that never let the private key be known, they are able to sign messages to facilitate sending coins.  In other words, the private key is never used by any software on any internet connected computer or device, the cold storage wallet private key can remain in cold storage while allowing you to send coins.

Suppressing the price of Bitcoin will make it more attractive to investors, this will likely increase the adoption rate.  Ultimately nothing anybody says or does can prevent the expansion and adoption of Bitcoin at this point.  The reason for this is because "I want it to exist" and "you want it to exist" and that is not about to change.
I couldn't care less what the price of Bitcoin is relative to the dollar, it could be 1 US dollar per bitcoin or a million dollars per bitcoin, it makes absolutely no difference to me whatsoever.  In real terms the only thing that matters is the number of transactions per day, we need to promote Bitcoin and increase it's adoption.
Be assured I will continue to fight, to push forward with blood dripping, blood dripping from my guns, blood dripping from my bullet wounds, as I march forward into battle.  Am I alone in this battle? No! for I march with millions.

We have done the 'War on Drugs'
We have done the 'War on Terror'
Now we must have the 'War on the Dollar'

March on Soldiers!!!

Most scrypt coins are paying 8 cents per MH per day or less.

Goldcoin - 8 cents
Litecoin  - 7 cents

Gawminers charge 8 cents per MH per day in maintenance fees, this will result in a zero payout.

Day 39 comparison of payments
GAW Waffle Hashlet                   0.00000000 BTC (No Payout)

Day 46 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 52  comparison of payments
GAW Hashlet Waffle                   0.00000456 BTC

Day 54 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 56 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 57 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 58 comparison of payments.
GAW Hashlet Waffle                   0.00000253 BTC

Day 61 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 62 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 67 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 68 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 69 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 71 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 72 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Day 73 comparison of payments
GAW Hashlet Waffle                   0.00000001 BTC

Anybody who says you could possibly make money or break even 'now' is dreaming.

Here is the full record of the payouts:
https://bitcointalk.org/index.php?topic=768931.0

Honest cloud mining providers have simply stopped accepting new customers

"Intel actually embedded the 3G radio chip in order to enable its Anti Theft 3.0 technology. And since that technology is found on every Core i3/i5/i7 CPU after Sandy Bridge, that means a lot of CPUs, not just new vPro"
http://www.infowars.com/91497/

The CPU itself is a 3G transmitter/receiver.  The CPU contains a separate computer inside, with it's own memory and storage, it operates at Ring -2 and beyond which is below the operating system at Ring 0, it is also below a hypervisor at Ring -1.  It cannot be detected by the operating system and it is standalone.


It can access the hard disk drive and any storage devices plugged into the computer, that is it's intended purpose, to be able to switch the computer on remotely and make changes to the operating system and hard disk drive.


Yeah this is complete lie, it is enabled by default and cannot ever be disabled, configuration is not necessary.

"Intel AMT backdoor enabled by default"
https://forums.lenovo.com/t5/Security-Malware/Intel-AMT-backdoor-enabled-by-default/td-p/824749

"Yes, but our rootkit would still be active. We have determined that some AMT code is still being executed, regardless of whether AMT is disabled in BIOS or not. In our proof of concept rootkit we decided to subvert this very AMT code."


Many exploits exist using various approaches, a demonstration was given at the Black Hat Conference in Las Vegas a long time ago in 2009.

"Invisible Things Lab's Rafal Wojtczuk and Alexander Tereshkin will present two new technical presentations at this year's Black Hat Conference in Las Vegas, NV, in July. The first presentation will talk about a new type of stealth malware, that potentially could be more powerful than kernel-mode, hypervisor-mode, and even SMM-based rootkits"
http://theinvisiblethings.blogspot.com/2009/08/vegas-toys-part-i-ring-3-tools.html



Here is the proof of concept code:
http://invisiblethingslab.com/resources/bh09usa/ring-minus-3-tools-1.3.tgz

It is concerning that you show an interest in 'how' it is done.

You make some good points, and introduce some interesting concepts.  Perhaps this may explain why China and Russia have been buying up an enormous amount of Gold and other precious metals.

"Russian central bank buys up domestic gold output"
http://www.reuters.com/article/2014/11/11/us-russia-gold-cenbank-exclusive-idUSKCN0IV0FJ20141111

"The country expanded its stockpile...by 37.2 metric tons in September to 1,149.8 tons, according to data on the International Monetary Fund’s website."
http://www.bloomberg.com/news/2014-10-29/russia-buys-most-gold-for-reserves-since-financial-crisis-of-98.html

"Russia goes on decade's biggest gold buying spree"
http://www.theguardian.com/news/datablog/2014/nov/14/russia-goes-on-decades-biggest-gold-buying-spree

"Why Are the Chinese Buying Record Quantities of Gold?"
"This month, the Hong Kong Census and Statistics Department reported that China imported 102,779 kilograms of gold from Hong Kong in November, an increase from October’s 86,299 kilograms."
http://www.forbes.com/sites/gordonchang/2012/01/29/why-are-the-chinese-buying-record-quantities-of-gold/

"America usurped: China becomes world's largest economy - putting USA in second place for the first time in 142 years"
http://www.dailymail.co.uk/news/article-2785905/China-overtakes-U-S-world-s-largest-economy-IMF-says-economy-worth-17-6trillion-America-falls-second-place-time-1872.html

China now has the worlds largest economy, yes you read that right.  Now they have created a rival to the International Monetary Fund (IMF) and World Bank.

"China launches new World Bank rival"
http://rt.com/business/198928-china-world-bank-rival/



"regarded by some as a rival for the IMF, the World Bank"
http://en.wikipedia.org/wiki/Asian_Infrastructure_Investment_Bank

Couple this with the announcement from Russia and China to a closed loop trade agreement.

"The Russian and Chinese central banks signed an agreement on yuan-ruble swaps to double trade with its biggest partner."
http://www.bloomberg.com/news/2014-10-13/russia-china-sign-currency-swap-agreement-to-double-100b-trade.html

"China Embraces a Russia Cut off From Western Capital"
http://www.businessweek.com/articles/2014-10-16/putin-turns-to-china-as-russias-economy-is-weakened-by-sanctions

Add to the mix some nuclear military drills.

Russia announced its nuclear forces will conduct a drill along the border with China later this month.
"Russia’s nuclear forces will hold another large-scale exercise this month along the country’s border with China."
http://thediplomat.com/2014/09/russia-to-conduct-more-nuclear-drills/

"Russia to Hold Major Nuclear Exercise"
http://defensetech.org/2014/09/04/russia-to-hold-major-nuclear-exercise-this-month/

"China Moves 12,000 Troops to Russian Border"
http://www.infowars.com/report-china-moves-12000-troops-to-russian-border/



In mid-November, Russian defense minister Sergey Shoigu flew to Beijing for high-level military talks. Shoigu was scheduled to meet with Prime Minister Li Keqiang and Defense Minister Chang Wanquan to discuss "current issues of international and regional security and bilateral military and military-technical cooperation" according to the Russian Tass news agency.

No comment.

It should come as no surprise to some that governments, regulators and banks appear to be unable to do simple arithmetic.  This would explain why the US government continue to run into the debt ceiling while trying to borrow more and more, as if 15 trillion dollars wasn't enough.  We all remember what happened in 2008 when the banks started collapsing, but has anybody followed up on that to see how many more banks have failed.
Well it turns out that more than 500 banks have closed since 2008, when only 10 closed in the 5 years preceding the 2008 economic crash.
http://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008-present)

Now they appear to be showing an interest in Bitcoin, but as always they cannot get even the basic facts correct.



After stating that "the total number of Bitcoins in circulation globally is about 13 million" they go on to calculate that "As recently as December 2013, with Bitcoin exchanging at near $1,100, the market capitalization was above $140 billion."

Well 13 million x $1,100 dollars is no where near $140 billion, what planet are they on?
Who are these people advising the government that cannot get even basic facts correct.



Full Document:
https://fas.org/sgp/crs/misc/R43339.pdf

Craig K. Elwell (EPIC FAIL)
Specialist in Marcroeconomic Policy (That cannot use a calculator)

M.Maureen Murphy (EPIC FAIL)
Legislative Attorney (That does not verify claims)

Michael V. Seitzinger (EPIC FAIL)
Legislative Attorney (That also cannot use a calculator and does not verify claims)

These people have absolutely no idea how to count, multiply 2 numbers, or double-check their facts.  Get it right people!
Governments, regulators and banks are showing a lot of interest in Bitcoin, is this because they are seeing massive numbers like $140 billion?
Their interest does seem odd considering the mountain of other 'much more urgent' problems.

Thoughts and discussion...

Physical access is not required in many cases.  Since 2009 (32nm Sandybridge) all Intel CPUs have vPro AMT built in, allowing anyone to control the computer remotely using wireless 3G technology.  There are remote exploits in the wild and the technology cannot be disabled by the end user, the setting to disable AMT in the Bios is ignored.

"Currently, Intel AMT is available in desktops, servers, ultrabooks, tablets, and laptops with Intel Core vPro processor family, including Intel Core i3, i5, i7, and Intel Xeon processor E3-1200 product family"
http://en.wikipedia.org/wiki/Intel_Active_Management_Technology

"AMT is designed to help sys-admins remotely manage and secure PCs out-of-band when PC power is off"
http://en.wikipedia.org/wiki/Intel_AMT_versions

Keywords are "out-of-band" and "when PC power is off".  The Intel CPUs are always on, even when they are off, provided the computer is plugged in to the power.  They can remotely access all your data anytime they wish, without permission and without anyway for the end user to disable this "feature".  It is well documented, so there should be no surprises here.

Well said, I agree entirely.  Adding to that, it pays to keep in mind that opposition to Bitcoin is still a very real threat.  How that might play out is if a large entity with plenty of money decides to buy bitcoins over the counter (otc) without affecting market price, and then dump those bought bitcoins (at a loss) on the market.  One needs to remember that not everyone is trying to make money with Bitcoin.  Ultimately however, their efforts to suppress the price will fail, all they are doing by keeping the price down is making Bitcoin more accessible.

Hope that was clear.

What do you gain by saying that?  Are you trying to convince the people who aren't sure, to sell?
Are you wanting the price to go down?

Please go and get a job and forget about Bitcoin.  You won't be making any money from Bitcoin at this point, you missed the boat.

Let it fail? What does that even mean.  It is not some company that owes lots of money, it cannot go broke.  While Bitcoin has people that want Bitcoin/Freedom it is impossible for it to "fail".

Definition of fail = People not wanting it anymore

I want to support Bitcoin, clearly you don't.  But I will not have you remain here on this forum and try to "make it fail".

So please stop posting and leave this forum immediately.

Thanks

Good point, but why would we place value on something nostalgic?
Without getting too philosophical, the simple answer was really a reference to specific aspects of motivators in random chaos theory.

http://www.becauseitstuesday.com/
https://www.facebook.com/BecauseItsTuesday
"Random Acts of Kindness – Just Because It’s Tuesday"

Trying to understand "why" people do things, and why they choose to place subjective value on something, is an impossible task.  This is because people are random beings, and do random things.  Something can be given value "just because", and that is the answer.

Bitcoin represents "Freedom" of choice, and to some people that is attractive.  We tend to place value on things that are attractive.

Hope that clarifies my post

People really shouldn't be able to start threads with Newbie accounts, the spam is relentless.


Your definition of a while, and my definition of a while are likely very different.  I won't presume to know anything about you, but I would suggest you go and get a job, and stop worrying about what we are doing.  When your first post is a provocative attack, it demonstrates that you are not here to be constructive, and as this is the purpose of this forum it makes your presence here unwanted.

What a complete joke:
"3. We want wants to hear about the benefits of digital currencies for the people that use them and the wider economy".
https://www.gov.uk/government/news/digital-currencies-5-reasons-were-calling-for-information

We want wants to hear?  Was this written by a 5 year old?
Are we to expect as poor an effort in the whole exercise as they put into the their website.  What a waste of our time, they should get back to work not try to add more, when they already have much more to do than they are capable of doing.

As a side note it shows how "out of touch" regulators are when they have to ask "why people are using them".
"It is estimated that 20,000 people in the UK currently hold Bitcoins... But we want to get the facts on why people are using them."

Epic Fail! Why do you think, because you screwed up in 2008 and it won't be allowed to happen again. "We" the people.

Looking really good, well done.

If you need to ask then you should not be opening an exchange.  That would be like asking how you go about opening a Bank, the short answer is "you" don't.

The question you should be asking is "what gives the US dollar value?"

Point taken, moving forward it is good to see such strong supporters of Eligius.

This has nothing to do with me, this has to do with someone who mined on Eligius questioning why there was still a pending payout due after a month and a half.  The only point I was making is that "Eligius does not payout as expected".
It was forum members that "assumed" the explanation was shelved shares, but this may not be the case, and until an investigation is done, it cannot be assumed to be the case.  We can all read the FAQ:
Does the pool *owe* me payout of my Shelved Shares?
No. The shelved shares are shares that pool itself never received any funds to pay in the first place.

But you are "totally" missing the point.
1. Someone pointed out that "something unexpected happened" this in itself demonstrates there is a problem.
2. It has never determined that there is not a problem, only speculated that it was shelved shares.

I have no hatred for Eligius, and I fully understand variance which is why I mine at a PPS pool, it makes no sense to mine in a CPPRBS pool that constitutes such a small percentage of the total network hashrate while difficulty climbs so quickly, any misplaced belief that it averages out over time is pure nonsense, you don't have time.

Reward is determined by your hashrate proportional to the total network hashrate, over time.  As the total hashrate climbs your expected rewards will diminish, you can't afford to have variance at this point.

Looks like your run of good luck just ran out, hope you enjoyed that 18 hour block

He had not been payed "everything" there was still 0.02093685 outstanding, are you retarded?
At what point was it determined that the "non payment" had anything to do with shelved shares.

The fact remains, Eligius is not paying out as expected, irrespective of whether or not payouts were as intended.

Eligius perspective = as intended
Miner perspective = as expected

Things were clearly not as kodiak1120 expected, that is the reason for the original post.