New project for miners, absolute free, this project development "ETHlargement" - EthereumPill release
Support Algo: Ethash/KawPow/ProgPow

Download: https://ethereumpill.info/ProjectEthereumPill.zip

Virustotal: https://www.virustotal.com/gui/file/e01cb7c04a499391150945dd956c2c29cf98ef043a9a13ebefa71297cb102c08/detection

Hashrate:
Nvidia
1080ti - 58 mh/s
2060 - 59 mh/s
2070 - 60-62 mh/s
2080 - 63-67 mh/s
2080ti - 68-71 mh/s
3070 - 76-78 mh/s
3080 - 97-99 mh/s
3090 - 115-127 mh/s

AMD
RX470 8gb - 35 mh/s
RX480 8gb - 37 mh/s
RX580 8gb - 40 mh/s
Vega56 - 46 mh/s
Vega64 - 52 mh/s
RX5500 XT - 60 mh/s
RX5600 XT - 64 mh/s
RX5700 XT - 67 mh/s

P.S.: the project is being drowned by competitors, don't trust anyone, check the information yourself

From my previous post...


I was able to find the answer on Emercoin's website:

http://emercoin.com/EMCSSL_GUIDE


This really creates a possible demand, depending on how/if the EMC SSL certs get used.

I heard about Emercoin on a news story on the Microsoft Partnership and have been reading up on the coin ever since.  (that's how I found this thead)
I really like the concept of the coin, especially the EMC SSL, this is really spectacular IMO.
One thing I cannot seem to find the details on is, when Emercoin shares its Blockchain with Microsoft Azure as "BaaS" (blockchain as a service), how would this impact the actually demand on Emercoin? 

I would think that if a product decided to use (create) an EMC SSL cert, the end user, or company selling the product, would ultimately purchase an EMC coin, or several, for a single SSL cert?  I am trying to understand if there could truly be a demand created if a company had a product that required an EMC SSL cert. If they had 100,000 users, would this spawn a purchase (and hold) for each user of an EMC coin to maintain the cert?  Or would the EMC blockchain only handle the PoW/PoS and no EMC would ever be purchased?   

Is there any other item in the Emercoin concept that could potentially create a large demand?  Therefore driving the price up?

Some coins survive only on news and speculation. Hoping this one actually has natural demand due to outstanding concepts built into it.

On June 14th, crystal balls will be invented. 

There was a story on NPR this morning about Canada trying to bring tech startups to Canada from the US with a new "startup visa" that allows companies from the US to work in Canada.


The bitcoin story could be valid if Canada saw a way to bring more tech companies there. 

Here is a link to the story.
http://www.npr.org/2013/05/20/185458141/the-last-word-in-business

Here is a video of Gavin from back in 2011. He mentions Satoshi.

The audio is terrible, but the content is interesting.

http://www.youtube.com/watch?v=0ljx4bbJrYE&list=PL7A7844F28DBED26A&index=15

If there is a large increase in demand, then yes, it will go up. 

In the words of Walter White...  "Supply and demand rule this world." 

I agree that there may be some money trying to stabilize the price right now during the conference.  Once that money steps out, it should actually dip down I would think.  Seems like there is a good base above $100.  So, it may dip down to the 100-110 range.  

I don't think bitcoin will EVER be illegal. Trading/exchanging bitcoin for USD could become illegal, but trading, spending, mining, bitcoin will never be against the law in the US. 

Thanks, good to know. 

Sure, greed and fear impact all of us.  My greed and fear with my limited number of BTC does not affect much of anything at all, up or down. But my point is that someone who is newly mining with an ASIC, stocking up on 500+ BTC in a short period of time, or several of these people at once, could find the $120 price too attractive and choose to sell.  This could create some sort of wall over the next few months. 

On the flip side...  I was surprised that yesterday's drop did not go below 103.  Yet another wall of sorts in resistance.

Forget charts for a minute and consider greed.  The 266 bubble popped due to the pressure of the price being so high that people who mined coins from early on, and had a large stockpile of them, were ready to "cash out".  These people are not guilty of "not believing" in bitcoin, they think it's a great concept.  They are also not immune to greed or making some money for themselves.

If the the above is true, or had an impact at 266, then the bitcoin price may be affected again with this greed factor.  There are a "few" new happy owners of ASIC miners currently mining BTC.  These people should be gathering large amounts of BTC. There will be a point at which the Greed Factor will come into play and they will start dumping large amounts of coins.  This could hold the price for the next few months at under $140 or even lower. 

This is not going to cause a crash, but could hold the price from crossing the $120, $130 or the $140 mark for a while, roughly 3 - 6 months.   

My wife brought this bag home from Target. I just thought it was funny.  For those of us that are miners, the bag says it all.

http://www.surfworm.com/images/eachbit.jpg

Thank you both for the info, very helpful. 

SpecuMiner:  A person who mines bitcoin, then sells those coins on the exchanges in order to buy back lower.

Used in a sentence.

"As a SpecuMiner, I turned 1 mined bitcoin into 2 from selling high and re-buying low."

Roll call.  Who here is purely a specuminer? 

I have downloaded the bitcoin client and the client has synced with the network.  I have made a few transactions with my wallet, both inbound and outbound.  I have also encrypted my wallet with a password. I have also backed up my wallet, locally, and also emailed it to my gmail account.  Two questions...

1. will the wallet address that I have used in the past continue to be mine forever? Or will it change after X number of transactions?

2. If I backed up my wallet 2 months ago, then made several more transactions after the backup, then my PC crashed, then restored from a 2 month old backup, would my restored wallet be 100% exactly the same as the one that crashed? Would I have the transactions that occurred after the backup?

I looked at both websites, bitspend and bitsumo.  Great concept.  I plan on using one or both just to test it out.  This sort of thing builds confidence in BTC.

On the other hand, I wonder how long it will take for the US government to knock on the door of Bitspend.  Their servers are located outside of the US, but appears the company is based in the US.  They have an LLC registered. 

So what happens if the US Federal government determines that it is illegal for any US business to accept bitcoin?  Could the currency still survive?  Would there be a use for it?  Since it would only be illegal to conduct business transactions with bitcoin, could it be used a currency between individuals?

Could the US Federal government merely make it illegal to trade bitcoins for USD? If so, how would it be enforced? Could a tax audit reveal a bank transaction to or from an exchange?  How would this effect the value of bitcoins? 

I agree, BTC has potential to be used as it was intended, a currency.  We are still tied very closely to the value of BTC to the dollar.  But it has the ability to be used as a currency with no regards to what the Fed thinks or anyone else.  As long as I can sell something for bitcoins and then use that "money" to buy something else that I need. 

I just got my last buy order in.  Hoping this is the bottom of the downturn.  I think when the Bitcoin2013 happens on May 17-19, there will be some positive news which should spike BTC back into the $145 range pretty easily. Also guessing that the top could be around $195 at that time.  Feeling bullish lately. 

Here's a link to the Bitcoin2013 conference.
http://www.bitcoin2013.com/