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Showing 20 of 231 results by dinzy
I think it has something to do with the world markets taking a hit this week.
I was thinking a massive loss in confidence is far more likely.Probably. There has been nothing 'exciting' happening in the BTC scene for a while. I am hoping for a magical rebound once school starts and young undergrads start buying their drugs through Silk Road, but that is a huge if.
The current fee structure makes trading unprofitable when the system is as stable as it is. With that being the case less people will be actively trading. Forex trading has a fee structure that is built in to each trade where they basically skim from the money in between bids and asks when they match each order. It works because they have huge volumes. Clearly this is not the case on Gox with a 20k volume. The volumes are so low that it's hard to make a 'decent' profit, though they could pull in about 900k each year with the current (full) fee structure, 13.5 USD/BTC and a steady 20k volume each day.
VHS won because they had a longer record time. even though the betamax did have slightly better resolution and overall quality of the picture better porn.
Fixed that for you
that's it.
Same reason why we have such a robust internet now, porn.
Either that or due to high energy physicists continuously pushing for bleeding edge data transfers.
Re: There are some rumors going around that I am "slimy" and possibly a "scammer"...
Yeah right, and I suppose you're denying that you killed and raped a girl in 1990 as well!
Oh C'mon, it's not rape if she's already dead.
I lost half a coin because my autopayout sent to them when the site was down. I sent email and waited. Still nothing. I am glad it happened because it could have been worse if I had come to trust them.
Why not just keep it at .3%? Volumes have been low with 0% and are unlikely to do better when fees go form 0 to .3 and then double to 0.6 or .65 or whatever.
If the market stays as stable as it is there will be no incentive for people to trade since any profits will go to fees. If it stays at 14 one needs nearly a .2 change to break even. But then again it's not like 0% fees are helping anyone too much either.
If the market stays as stable as it is there will be no incentive for people to trade since any profits will go to fees. If it stays at 14 one needs nearly a .2 change to break even. But then again it's not like 0% fees are helping anyone too much either.
I don't see the problem. If you think 14.02 is a low price, buy. If you think it is a high price, sell. Never mind the bots, the market will sort it all out.
I'm quiet fine with whatever value BTC is. re "the market will sort it all out" - aren't we the market?Collectively, yes. Which is my point. The price is $14 because many of us think it should be. If a lot more were willing to buy the prices would move up, bots be damned. Same with selling.
In any case, I don't think bots are completely to blame for the price stability. A big buy, or a big sell, could still move the market.
Or, unless the bots belong to the same people, and it's the same BTC going back and forth. With zero fees, there's no penalty to pay, and no matter what the rest of the market might wish, it would keep coming back to around $14 almost instantly.
But to make any money that way they need volume. The 24 hour volume has been ~ 20k or less each day, not all going to these imaginary bots.
all it takes is staged buyers. but fortunately for silk road's sake it's too small and amateur to interest anyone with an agenda.
I'm sure law enforcement & the DEA didn't think that idea up, at least after a few senators called for the site to be 'shut down'.
http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608
What good can undercover ops do when all drops are made via mail using prepaid 'postage paid' envelopes?
Simply put: It's impossible to trace them. The origin of those letters can't be determined in any possible way. They are vacuum packed as well so dogs wont know what's inside either.
so much fail here...
dogs can smell through that shit, dood....
anyway, im done with this special olympian thread.
Dogs cannot smell shit that is inside a doubly vacuum sealed bag if it's done right. And how the fuck is the post office or US gvt going to be able to afford drug sniffing dogs at every major mail hub because that is what it would take to have random inspection actually find something.
At least you went out of this thread giving it an extra special try.
What do you guys think about a 450 or 500 run of the mill power supply for a single 6950? I just bought an ASUS EAH6950 from amazon and didn't think about needing more power for just one card.
For 1 x 6950 it will be fine. I run 2 x 6950's on a 700W.
I have run 1 6950 on a very old, but nice, 450 W PSU and am currently running 2 on a 600 W PSU