Thanks for your reply. I think I'll invest in some at my own risk.

I've been "out of the loop" lately and I'd like to ask what specific merits FeatherCoin has. From what I can tell on BTC-e, it's attracted both a lot of hype and a lot of doubt. Why should I mine it? Why should I buy it?

I agree with the majority of the ideas in the OP, and am very glad to see that someone outside of New Age forums thinks this way. I'm also very glad to see someone speak their mind on this in a place where negative feedback is bound to result.

There's a group on Facebook, one which I am very active on, which I think you may like: https://www.facebook.com/groups/timewavezero/
Plenty of info and discussion on this kind of stuff.

I'm fairly sure BitcoinMax account are not, strictly speaking, BST accounts. Accounts with Pirate require a much higher amount of BTC. All of us investing with payb.tc act as one account, if I understand correctly.

If someone more informed could answer this, it would clear things up for me: has pirate said anything about how much he currently has or will pay? I thought he defaulted, but people seem to be saying that there's a small chance he'll still pay some of what he owes.

But the reason people advertise referral links as giving a 10% bonus and have them actually get clicked is because the bonus goes to the user who uses the link. Of course, the referrer gets a bonus too, hence the incentive to post them; however, the size of this bonus depends on how much BTC the referred user deposits. I don't think it could realistically work any other way.

Just throwing this out there. If I missed anything, please point it out instead of flaming. I was a bit confused by the FAQ, so there's quite a possibility I overlooked something.

Assuming one maximizes his or her rewards by signing up with a referral, depositing a minimal balance, signing up for another account via referral to the user's first one and depositing another minimal amount, doing this again for a third account, and finally signing up for a primary account with the referral from the second and depositing the funds to invest, he or she will end with roughly a 40% bonus (if one bitcent is in each of the first two accounts, the total bonus is 40% minus 0.003 from the first account and 0.0015 each from the second and third; so, only 0.006 BTC are "lost" in this case.) No two deposit addresses for these accounts are the same; in fact, this would give a net loss compared to waiting for the complete reward on all three, as more would be sent up to accounts that are not property of the user.

The 40% bonus is calculated as follows:
1. 10% comes from signing up with a referral (to the third account.)
2. 30% of the total income (without the 10% bonus, so as to keep it at 10%) is sent upwards to the first two accounts and the mostly irrelevant referral account.
3. If that 30% is "lost" (sent to other users,) only the 10% bonus is gained.
4. Account 3 gets 15% of the deposited BTC. Accounts 2 and 1 get the other 15%.
5. The first three accounts gain small amounts which give minimal BTC to the original referral. This negligibly decreases the 30% bonus assuming a reasonable amount is deposited to the main account.

Let's assume one deposits 10 BTC to the main account. A total of 1 BTC is gained on that alone. On the remaining three, one will gain 1.5 BTC, and the other two will gain 0.75 BTC. 4 BTC is netted.

The reward time is now roughly 1 year. This means 40% is gained per year, based on my calculations. This equates to about 0.649% per week, compounded. Compared to other investments it doesn't look like much. The main reason for using PyraMining would be for the reliability of the use of mining.

It was a great service. Thank you for running it while it lasted.
Does this mean the ~2 BTC I earned from interest are null? In other words, will I only get the 10 I initially deposited?

http://mmpool.bitparking.com/
But don't necropost just to ask that.

4251.5232 hours at the current difficulty with 2.5 kH/s.
Source: http://allchains.info/calc.html

My laptop knocks off 13 kH a second, I have access to quite a few other computers, and I don't even bother pool mining LTC. I found out pretty easily it wasn't worth it to lag all my processes and waste electricity. Would I have mined under those circumstances back when Reaper didn't exist? Yes, and I did earn a fair amount. The difficulty is reaching new highs, though, and it seems to be GPU or bust.

If you have a dedicated rig with good GPU's, go for it, but otherwise, I think buying them is the best option.

Really? LTC currently run for roughly 0.004 BTC each. At 12 USD/BTC that's just under 5 cents each. Take into account that both chains are showing no signs of weakness and that LTC topped off at over 0.007 BTC each and you have a reason to want them. If nobody did then they wouldn't even be traded...a week or so ago volumes of BTC/LTC trade on Vircurex alone were topping 40 BTC a day (I didn't check BTC-e.) Even if it's little more than speculation fodder (which I think it is more than) it is being adopted.

Nice! How many BTC did he buy?

You can mine any existing coin with a regular computer.

Based on what I know about PPT I think this is a good idea.

Speculation is another reason. I got 1000+ while the were closer to 0.001 and now they're closer to 0.004; I also bought some at 0.007 before they dropped. Of course the same kind of speculation can be done with Bitcoin, but the variance and current increase in popularity may attract speculators.

Used to also be good for CPU mining. They're still better than SHA-256d currencies for CPUs, though. I think GPU hostility probably made more laypeople eager to mine and adopt it but that's just me.

https://bitcointalk.org/index.php?topic=100243.0
AMD Sempron 145. I'd like 4 BTC shipped, but it's negotiable. Pics coming soon.

Never mind.

+1
As much as I believe in this stuff, I know that plenty of people do not.
May be interested if you shipped to the US.

Unopened. I'm thinking 4 BTC with shipping.

At least from what I've seen, you need thousands of dollars in capital to even hope to profit from mining within a few months.