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Showing 20 of 26 results by infinitelink
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Board Trading Discussion
Re: small investments ( profit )
by
infinitelink
on 03/03/2014, 23:53:03 UTC
From my experience, there are opportunities. I put a recounting including investments made and returns plus experience with the maturity of a single project and those who run it--used it as a case study of sorts, though highly limited--including exchanges on a recent serious issue, all at Devtome. Important Note: not intended as a way to inflate readership of article on devtome, just better posted there (I figure, i.e. there is a bit of a reward, and it's long-ish) than here, though perhaps it is more readable on my blog.

That aside, if anyone does find it useful, more linking and recommendation of others would be highly appreciated: I have tried to make some actual useful content drawn from experience--not to mention show the inside of BSVM a bit by publicizing some (not-secret) interactions. It should prove useful to people who want to make decisions over at Cryptostocks.

Devtome:
 http://www.devtome.com/doku.php?id=investing_with_cryptocoins_-_an_illustrative_personal_report_on_experience_with_bsvm.

At blog (not monetized):
http://cmpstuff.blogspot.com/2014/02/investing-with-cryptocoins-illustrative.html

i actualy have  21x  BSVM share,s but those are not for small investors ( small investors need to take more risk to urn money )

getting 1-2 of those share,s wont make them any real profit over time

day traders can go x2 on there investments ( or higher ) in a day ( whit low volume )

I tend to like long: buy and hold something that gives a decent return or pays-out. With BSVM it seems the price to earnings comparable to other offerings is low, so it's worth snatching-up for a while as the day traders themselves are artificially pushing the price down. xD

I held Cryptsy a while, it doesn't pay as well and it is far more pricey per share based on promise of a big giant exchange getting even bigger!!! Cryptsy pays every few days about the same that BSVM pays-out every day, and dang it if the lower most-recent dividend by BSVM (because we voted to let them pay early one day to change the interval between dividend payments) didn't make it go far lower for those not paying attention. Sad

Yet, Cryptsy is around .19 while BSVM is around .06 (and that despite Cryptsy's pattern of misbehaviors, e.g. https://bitcointalk.org/index.php?topic=436149.0  -- what their past actions seem to indicate is they are willing to expand beyond their capacity for profit rather than slow-down to retain a reputation) : and it is BSVM that matches or beats Cryptsy daily. I would pay .01-.04 for Cryptsy, maybe. Since BSVM is consistently matching dividends, but paying them daily, I think even a small investor can do okay simply for the fact that it is a good return: if they're not trying to be insta-rich they'll receive a tidy sum every few days and be able to re-invest or else re-sell the shares when they want to recover the difference.

BSVM has two "problems":

(1) The bots and people trading and suppressing its price are also making it impossible for them to issue a new round at .1 to do significant upgrades. I keep emailing back-and-forth with the BSVM admins urging them to buy-up the low sales to intervene--in a lawful and perfectly fair manner--that manipulation because they (and some of the rest of us) want .0003... and .0004... dividends rather than just .0002, and the additional upgrades they want to do (they've already done some that kept BSVM competitive in the mining space) are expected to be a significant boost.  

(2) The under-pricing has a cause not in any technical or payout issue, but because an admin went rogue and set the IPO flag to try and force people to buy more stocks at a slightly-higher-than-market-price at .1BTC; which admin has since been "removed" (obviously). Even despite that screwing-up their upgrade plans (the plan had to be significantly scaled-back) they still procured Jupiter, then dealt with power-supply burn-outs on other machines, and kept things running.

Up until the admin incident, it was usually between .09-.1x in price, and it has been .03-.05 or so lower most of the time since, thanks for admin screwing-up!!!! :~D For anyone who doesn't have a squirrel's memory or trigger-finger trade mentality though, BSVM looks like it should easily be .2 or higher, will get back to .1x+ soon enough (I do mean months, not days or weeks) and when it does will receive a significant upgrade of infrastructure to push that daily dividend quite a bit higher.

===

Another decent-ish payer on Cryptostocks seems to be APG1, which is going from .008-.009, though right now it is a few days late on dividend: I'm watching that issue.

p.s. I am far from an expert in these things.
Post
Topic
Board Marketplace
Re: So you think you're going to start a Bitcoin business, right?
by
infinitelink
on 25/02/2014, 05:19:49 UTC
You come off like a dick. Wink  Good, we need more of them.
Actually, the VG industry is full of assholes, and we definitely need to take them down.
Think about Zynga, King, EA, just to name the most prominent examples...


I agree with the sentiment, but this guy is slightly different: Zynga, King, EA...are not always the nicest in that they take advantage, whereas this poster is telling people about how you do/don't approach a Bitcoin business, gain trust, get to know people right, and do some minimal due diligence: it's not a totally actionable plan for any possible scenario, but it's more than many probably take into consideration. It's a kick-you-in-the-pants approach which isn't all nice, but then I've had bosses far worse who are like that, intentionally, for the good of those around them.

Regards!
Post
Topic
Board Marketplace
Re: So you think you're going to start a Bitcoin business, right?
by
infinitelink
on 20/02/2014, 00:25:05 UTC
You come off like a dick. Wink  Good, we need more of them. There is a lot I'd shred in here, but plenty I think is quite good too. Thank you for taking the time to put yourself (and all that) out there.

Okay, it's not a crime. It's just the first step down the road which brings pretty much 9x% to crime within six months to a year. So, here are some simple easy steps for your convenience.

0. Starting a bitcoin business is a liability. The first thing you need to understand, and you need to understand it well. At sixteen hundred hours while you were sitting around your living room scratching your ear you were worth X. Your life, your ideas, your business, the shit around your house that you own, all that which makes up your life, added together, worth X. At sixteen fifteen, eight minutes after you had started your Bitcoin business you were worth X-k, where k is always positive and SIGNIFICANT. Starting a Bitcoin business is a liability, it makes you worth less. In fact, all the rest of your life in Bitcoinland will be attempts, more or less successful, to limit and reduce that liability. This is the outlook you must have not in order to be successful, but in order to have a shot at it. This is the outlook you must have in order to not guarantee failure.

1. Identify yourself to the community. This means, at the very least, creating a WOT account. If you do not have a WOT account you are not part of Bitcoin business. This is the criteria, no matter what you might think. That's where everyone looks, no matter what social media might be telling you. If you aren't in the WOT you aren't in Bitcoin.

This might also mean making a few social media profiles. The difference between an account on StumbleUpon called MyBTCBiz, a reddit account called BtcBlaBla, a myspace, tumblr, whatever and a forum account called MyBizPr is nil. They're all the same thing: social media profiles. Sure, they may be useful. You wouldn't think to substitute a forum registration for a company registration IRL, now would you? Same thing here.

2. After completing step 1 spend at the very least six months learning. This attitude whereby you think you're great and valuable, so great and valuable in fact that you had the business idea first, then you ran into Bitcoin and then in the heat of the moment saw to that formality of a forum account so now you're ready for "investment" five hours later after dealing with the pesky minimum posts rules is bullshit. Pure bullshit. This isn't how it works, if you've not been in the WOT for six months you are not ready to start a Bitcoin business for reason of intellectual incapacity, irrespective of what you might think. (And yes, of course you will think you're the exception to this rule. You are not the exception, you are just unskilled and unwarare of it. The rule is exactly about you.)

Yes, maybe if Warren Buffett decided to go into Bitcoin he'd just put a notice on his Berkshire Hathaway website identifying his WOT handle and be ready in five minutes. The reason Warren Buffett can do that and you can't is that you're not Warren Buffett. Yes, one day you might become the next WB. That doesn't mean you're it today, consumer credit does not work in this field.

So, what you do during your six months is that

2.1. You buy some Bitcoins. Get a good idea of what the options for doing that are, how the exchanges work, how the OTC market works (if by now you do not know what OTC or WOT stand for add two months to your lockdown as punishment for being the sort of idiot who, when he encounters words he does not know, instead of investigating their meaning brushes them off to "get on with the reading").

2.2. You sell some Bitcoins. Get a good idea of how that works, how you get your money back out, what the limits are, so on and so forth. You wouldn't want to discover later that you have a billion dollars in Bitcoins you can never spend in any way, other than by donating to the Bitcoin Gates Foundation now would you? What sort of WB would that be?

These are not a waste of time. They are here to give you an idea of how your future customers will be seeing life. You want to buy some Bitcoins even if you don't need them, and sell them even if you don't need to and buy back just on general principle. You are unit testing the currency. Boring? Fuck you.

2.3. You read, on this forum, and you discuss with the market participants. You get your pecking order straight. Who are the movers and shakers? Whose word is worth 10k Bitcoins no questions asked and from whom? Why? You get the history straight. Who were the scammers, historically? How did they do it ? What are the patterns? How did the people who matter react, and why? What does that say about them, how does that color their relationships among each other?

If you don't have the list and don't comprehend how the interactions work, if you look at DeathandTaxes and have no fucking idea who he is, if you think we're buddies cause I mention him by name and so forth you're not done with this. Must lurk moar.

2.4. You ask questions. Only on step 2.4 do you ask questions, by the time you're here you have already done a lot of work! You have sunk into this upwards of a hundred hours of your spare time, whether you like it or not, you've filled half a notebook with dumbass scribblings, you have fucking hand-drawn maps hanging from your bedroom wall. This level of intensity is not an upper bound to aspire to, but a minimum requirement.

Your questions will get a lot of stupid answers but also a complete set of correct answers. Pick the set, disregard the rest, you're on your way.

3. Announce your business plan. If you think your business plan has to be kept secret because otherwise others will steal it you are probably too stupid to be in business (not just BTC, but in general).

Let me explain to you how business "stealing" works: at the time MPEx was created (Feb 2012) there existed GLBSE already, which sucked at that time. Nobody flailing around in a cloud of stupidity almost mould-like in consistency seemed to be aware of it, but GLBSE sucked. And so Mr. P decided to make a securities exchange that worked right and was run correctly.

So, pro tip #1: there's so much to do and so few people capable of doing it in Bitcoin that if your plan makes sense and you seem even remotely competent everyone else who is competent will breathe a sigh of relief. They aren't going to "steal" your idea of doing the absolutely fucking obviously banal, cause so much is needed I couldn't begin to tell you.

Pro tip #2: if you are incompetent, the people who are competent aren't going to steal your business early. They are going to steal it late, just like MPEx demolished GLBSE. They don't need early mover advantage, they will come to your market six months or a year late, break off your arms and beat you over the head with them until you are reduced to a bloody mess.

So, forget about anyone "Stealing" your business. When S.DICE was announced, a bunch of forum muppets rambled on about how it's not worth its valuation because "everyone could do it". And I laughed at them then and so to prove my point that they're laughable idiots they declared that they shall do it! It's been months, who has managed to steal the business? You can't steal any business from the competent, and if you're competent yourself you don't even try to, cause it makes no business sense.

Thus, at the very least, step 3 gives you this measure of protection, whereby other competent people know you're doing X and so don't start doing X too. It saves our time and effort, rather than doing something twice do two of the fifty billion things that still need doing.

Obviously your announcement will gather a bunch of crap from a bunch of nobodies. But lucky for you, you've been doing this by the numbers, and you have the list. You know why you don't care what Joel Katz says about anything: what people who don't run businesses say is irrelevant. You know why you care what piuk says about anything to do with the blockchain (do you?).

4. Almost there.

4.1. If you actually got no objections, just pats on the back you're golden. Go do your thing, try your best not to fuck up, when in doubt ask people you trust and that's that.

4.2. If you actually had some objections, do not proceed until the people who raised them declared themselves satisfied. The odds that they don't have a point are dismal, and more importantly, the odds that they wouldn't withdraw objections along the lines of the most favorable construction for you are nil. If someone's pointing things out to you that won't work with your model they're right. If nobody is that still is not proof your model can work.

Stick to this and I might be hearing your name in a year or two. Don't, you just fade into the background noise, yet another of the many who keep paying ten or fifty dollars a month to be part of a new and exciting MMORPG, sorta like the glassy eyed FB credits buyers.

Good luck in any event.
Post
Topic
Board Trading Discussion
Re: Woocommerce plugin for accepting BitCoin
by
infinitelink
on 13/02/2014, 04:10:19 UTC
And there's nothing about an actual plugin or service dude, except a link to a site about paper wallets.
Post
Topic
Board Trading Discussion
Re: small investments ( profit )
by
infinitelink
on 13/02/2014, 03:55:01 UTC
From my experience, there are opportunities. I put a recounting including investments made and returns plus experience with the maturity of a single project and those who run it--used it as a case study of sorts, though highly limited--including exchanges on a recent serious issue, all at Devtome. Important Note: not intended as a way to inflate readership of article on devtome, just better posted there (I figure, i.e. there is a bit of a reward, and it's long-ish) than here, though perhaps it is more readable on my blog.

That aside, if anyone does find it useful, more linking and recommendation of others would be highly appreciated: I have tried to make some actual useful content drawn from experience--not to mention show the inside of BSVM a bit by publicizing some (not-secret) interactions. It should prove useful to people who want to make decisions over at Cryptostocks.

Devtome:
 http://www.devtome.com/doku.php?id=investing_with_cryptocoins_-_an_illustrative_personal_report_on_experience_with_bsvm.

At blog (not monetized):
http://cmpstuff.blogspot.com/2014/02/investing-with-cryptocoins-illustrative.html
Post
Topic
Board Altcoin Discussion
Re: free 5,000,000 doges to giveaway. many dogecoins. like such cute dog.
by
infinitelink
on 16/12/2013, 09:02:41 UTC
Speedy the Pomeranian has been liked away! - DMQaqqh2dk9XByAtEvrH7Tt9y3aX2BjiGR   : )

Like my dog's page and post your dogecoins address here for free dogecoins! Smiley

Many given away already! Have tons more to spread the wealth!

First giveaway thread:

https://bitcointalk.org/index.php?topic=370234.0

much thx             so wow             many like            tweet amaze
                                      rolz over 4 doge
                   rlly crypto                             sit so good                


https://www.facebook.com/SpeedyChiPom

https://images.weserv.nl/?url=i.imgur.com/MsIy5YL.png&fnr

https://www.facebook.com/SpeedyChiPom

many confirms

http://dogechain.info/address/DBLg7AxwtNngQPT79p21QD2WEVKtyNspRw

DOUBLE your DogeCoins by following on twitter!

https://twitter.com/SpeedyChiPom

TRIPLE receive!

Tweet the following:

Code:
@SpeedyChiPom CUTE DOG! <3 #pom #pomchi #pomeranian #chipom #cutedog #cutepuppy #dogecoin

Post your address here to earn doges after you complete the tasks!


─────────▄──────────────▄
────────▌▒█───────────▄▀▒▌
────────▌▒▒▀▄───────▄▀▒▒▒▐     very value
───────▐▄▀▒▒▀▀▀▀▄▄▄▀▒▒▒▒▒▐
─────▄▄▀▒▒▒▒▒▒▒▒▒▒▒█▒▒▄█▒▐
───▄▀▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▀██▀▒▌
──▐▒▒▒▄▄▄▒▒▒▒▒▒▒▒▒▒▒▒▒▀▄▒▒▌
──▌▒▒▐▄█▀▒▒▒▒▄▀█▄▒▒▒▒▒▒▒█▒▐
─▐▒▒▒▒▒▒▒▒▒▒▒▌██▀▒▒▒▒▒▒▒▒▀▄▌
─▌▒▀▄██▄▒▒▒▒▒▒▒▒▒▒▒░░░░▒▒▒▒▌
─▌▀▐▄█▄█▌▄▒▀▒▒▒▒▒▒░░░░░░▒▒▒▐
▐▒▀▐▀▐▀▒▒▄▄▒▄▒▒▒▒▒░░░░░░▒▒▒▒▌ such profit
▐▒▒▒▀▀▄▄▒▒▒▄▒▒▒▒▒▒░░░░░░▒▒▒▐
─▌▒▒▒▒▒▒▀▀▀▒▒▒▒▒▒▒▒░░░░▒▒▒▒▌
─▐▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▐
──▀▄▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▄▒▒▒▒▌
────▀▄▒▒▒▒▒▒▒▒▒▒▄▄▄▀▒▒▒▒▄▀
───▐▀▒▀▄▄▄▄▄▄▀▀▀▒▒▒▒▒▄▄▀
──▐▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▒▀▀
wow                                         so doge

                  many dogs sent

 many thanks

                      many has left!


http://i.imgur.com/itAaOu7.png

http://i.imgur.com/LkNhb3M.png

[/quote]
Post
Topic
Board Beginners & Help
Re: Hosting Miners (Electricity's Included in Rent)
by
infinitelink
on 14/12/2013, 17:49:01 UTC
To be honest, I wouldn't be interested. The reason is that datacenters experience huge economies of scale allowing colocation costs for servers to be as low as possible. Their infrastructure is redundant and built for high performance and low latency.

If you want to profit from this, you would need datacenter experience and resell colocation with management as a service.

All true though I am not sure of the point. The typical server is neither going to use the kind of equipment used for mining and probably not going to have high-mem for coins like LTC; they won't permit use of cards, and I'm not thinking BTC (of course) excepting someone wants to run some ASICS. Then there is the fact that a datacenter certainly charges quite a bit, especially for machine-intensive work, electrically expensive work, etc. (It's a buddy that has the server and admin experience btw). I was thinking of those who like to do mining but have to use their electricity.

So I'm thinking that with creativity there is going to be a coin or two (or a hundred) that would be worth mining where there is free E. Thanks for the input however.
Post
Topic
Board Altcoin Discussion
Re: free 5,000,000 doges to giveaway. many dogecoins. like such cute dog.
by
infinitelink
on 14/12/2013, 17:38:30 UTC
Eruhm...? How do like both more with link to page facebook or other? which page tweet where? where else? what?

Doge - DMQaqqh2dk9XByAtEvrH7Tt9y3aX2BjiGR
Post
Topic
Board Games and rounds
Re: [*GIVEAWAY*] Free BTC giveaway! *NEW* BTCircle.com • Provably Fair
by
infinitelink
on 14/12/2013, 17:28:59 UTC
Well, thank you. : ) Not a big gambler but since it's not money I made in the first place, yippee! Wink

Is the username the "alias" after entering it into the options? If so, mine is

username="infinite" (no quotes)

Dear members,

We've just launched our new Wheel of Fortune game http://www.btcircle.com

It's not just a gambling site, but also a lot of fun.
If you don't want to trying luck with real money, you can have a lot of fun with free spins.

Features:
* 1.5625% house edge
* Provably Fair
* Free Spins (a lot of fun)
* No Login (URL with unique hash)
* You can Password your access
* Changing alias for free
* Based on CoinWheel 1.0

We would love to hear how you like the game, we put a lots of work to start it.


*GIVEAWAY*

1) Write your BTCircle nick here
2) Gain 0.00004 BTC & play!

http://www.btcircle.com/screen.png


Yes, that's the nick. Credited.
Post
Topic
Board Games and rounds
Re: [*GIVEAWAY*] Free BTC giveaway! *NEW* BTCircle.com • Provably Fair
by
infinitelink
on 14/12/2013, 13:03:21 UTC
Is the username the "alias" after entering it into the options? If so, mine is

username="infinite" (no quotes)

Dear members,

We've just launched our new Wheel of Fortune game http://www.btcircle.com

It's not just a gambling site, but also a lot of fun.
If you don't want to trying luck with real money, you can have a lot of fun with free spins.

Features:
* 1.5625% house edge
* Provably Fair
* Free Spins (a lot of fun)
* No Login (URL with unique hash)
* You can Password your access
* Changing alias for free
* Based on CoinWheel 1.0

We would love to hear how you like the game, we put a lots of work to start it.


*GIVEAWAY*

1) Write your BTCircle nick here
2) Gain 0.00004 BTC & play!

http://www.btcircle.com/screen.png

Post
Topic
Board Beginners & Help
Re: Best Coin?
by
infinitelink
on 14/12/2013, 12:54:28 UTC
I thought sexcoin would be the best coin, but there are lots of difficulties with the pools. Right now all the pools are down from sexcoin.
Due this the price drops and this could mean the end of sexcoin

In order to avoid the inevitable false positives on Google while researching, what exactly is sexcoin?
Post
Topic
Board Beginners & Help
Re: Best Coin?
by
infinitelink
on 14/12/2013, 12:47:37 UTC
When i can write post in other threads?

Not to be a pedant or jerk, but just FYI, for questions utilizing an auxiliary comparable to the word "can" you want to reverse the pronoun with it, i.e. "When can I write posts in other threads" or "When can I write a post in another thread?"

I certified in teaching English a while back, and like to offer little bits of help where I can. Smiley Of course you could have just been typing fast, but just in case.

Now to answer your question: remember those terms about newbie status and what conditions you have to meet in order to get out of it and post elsewhere? You agreed to them in order even to sign-up and post at all, remember? Wink Hint: "...14..."

You would have a field day in the dogecoin thread.   Grin

No no, any time dogs start talking you don't want to break their confidence with too many corrections. We'll let them get so enmeshed in English first that ceasing to use it is no longer an option, then start correcting them. Sort of like the average person thinking bitcoin is a currency... xD

I'm not worried about doge "English" at all! [twitch] [twitch]
Post
Topic
Board Beginners & Help
Topic OP
Policy about *Coin Gambling
by
infinitelink
on 14/12/2013, 12:39:37 UTC
Is there concern about the bad associations that can be created by all the links and schemes to use *coins for gambling purposes and sites, not to mention the legal ramifications of those promoting such here who obviously can't have sufficient bank and organization to meet the legal requirements? I thought the rule states that nothing (or not sites?) shady or obviously illegal should be linked to on this site? Is there enforcement?

This is not meant to attack/offend/etc. the casino and gambling companies/fans, but it is true; right now, the US takes online gambling as a very serious violation of the law. Might I suggest creation of another forum elsewhere for that category of activity? I mean, to put it into perspective: a buddy of mine was hired to do the odds testing on slot machines and ensure they met strict regulations as to their function and output ratios; thing is, this required those companies contract with third parties who assessed the operations, and those third parties only were allowed to open the machines. This would be like putting your servers and all the programming under the control of a third party and accessing it only under their supervision, and then the code running only after they checked any changes you made.

And that third party was expensive, and his specialization/degree? Electrical engineering. Every level of government seems to take this sort of thing...very seriously, even despite international losses at the WTO and other organizations for doing so.
Post
Topic
Board Altcoin Discussion
Re: Hello all im for dogecoins
by
infinitelink
on 14/12/2013, 12:32:06 UTC
Post
Topic
Board Beginners & Help
Re: Bitcoin Banks and Debit Cards
by
infinitelink
on 14/12/2013, 12:15:29 UTC
Check out the NeoBee thread in securities.  Cyprus will have a bitcoin bank in the next few months, if it is sucessfull then expect lots more soon.

Cyprus is the jurisdiction that decided to seize assets from everyone. Perhaps better to avoid them unless their population decides to make a grand show for the world by hunting down those responsible...then again, if they were all voting benefits to themselves or something like that, maybe they should think twice. But there's little reason to send money into a hostile jurisdiction with massive problems and the ability to use Sovereignty as an excuse to steal so it can pay for its problems (or send money to those giving loans). It also has the problem that half is currently occupied by Turkey illegally (and unlawfully), though no offense to any Turks around here--it's just a fact of international law (though nobody is enforcing it).

Actually, so long as Turkey's army remains strongish/independent, Turkey could be a better investment in many ways than Cyprus. There really is a large problem with hostilities towards non-Muslims among large populations, but also the cosmopolitan sort; I have family (tenuous family actually, in that it's family-by-marriage only lately-acquired: just being open) that adores Turkey and good friends there, and loves to visit: spent decades either in or in-and-out, apparently, working with technical and engineering firms. Turkey is also troubled by a memory-long minority in the South-east that wants independence so they'll finally stop being at the mercy of other majorities throughout the mideast, but then it has been trying to integrate such people and keeps upping the incentives and outreach to do so; it also has a role balancing mideastern affairs and taking-in refugees from Syria, and sometimes Palestinians, so it aims to be somewhat stable regional player. If I were them I would proceed to remove the illegal plants in Cyprus and apologies for even more brownie points around the world--and show of non-concern and power--but that's just me. Perhaps note before enforceable agreements with the rest of Cyprus that the island's position not be used to claim exclusive through-way through the waters between Turkey and the island but, again, that's just me. (And I'm nobody, so...carry on.)
Post
Topic
Board Beginners & Help
Re: Best Coin?
by
infinitelink
on 14/12/2013, 12:05:57 UTC
When i can write post in other threads?

Not to be a pedant or jerk, but just FYI, for questions utilizing an auxiliary comparable to the word "can" you want to reverse the pronoun with it, i.e. "When can I write posts in other threads" or "When can I write a post in another thread?"

I certified in teaching English a while back, and like to offer little bits of help where I can. Smiley Of course you could have just been typing fast, but just in case.

Now to answer your question: remember those terms about newbie status and what conditions you have to meet in order to get out of it and post elsewhere? You agreed to them in order even to sign-up and post at all, remember? Wink Hint: "...14..."
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Board Beginners & Help
Re: Environmental concerns of Bitcoin
by
infinitelink
on 14/12/2013, 11:53:18 UTC
Honestly, I think it's an insane waste of computing power.  Even just considering GPUs/ASICs, which are limited to parallelizable computations -- there are a LOT of good scientific applications that people have figured out ways to parallelize.  (See, for example, the grid computing project Boinc: http://boinc.berkeley.edu/)  Why did the Bitcoin creators pick solving SHA-256 hashes over, for example, SETI@home?  SETI@home predates Bitcoin.

Primecoin and its derivatives are at least doing something sort of useful.  But still, finding Cunningham chains is about as close to the line of uselessness as you can get without falling over it...

Actually, you never know, truly, what an area of mathematics will prove useful for. Do you think anyone ever thought Fibonacci counting a theory about multiplication of rabbits according to his little set of rules would produces series that turns-up throughout nature and describes things well? Who knows if that chain could produce some useful outcome or not.
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Board Beginners & Help
Re: How to get a PPC as a newbie
by
infinitelink
on 14/12/2013, 11:47:00 UTC
With just a normal computer, anyone have a best recommendation for mining pool and client for mining PPC?
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Board Beginners & Help
Re: Best Coin?
by
infinitelink
on 14/12/2013, 11:29:56 UTC
bitshares, protoshares, eMunie and NXTcoin.

Want to explain these some more?
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Board Beginners & Help
Re: Cryptsy
by
infinitelink
on 14/12/2013, 11:07:37 UTC
I would be very wary of using Cryptsy -- they recently had a serious bug which allowed users to withdraw BTC from their wallets that they didn't actually have.  (Thereby subtracting them from other peoples' wallets, of course.)

Idk, all these "OMG a software ERROR!!!!" Seem a bit overblown. These things happen with major banks too--not always where they'll even cover you after. Cryptsy has good capabilities (though I would like to see the fees fall, especially withdrawal fees) and is seeking to become a compliant entity. I think it would be wise for them to do some re-architecting of the back-end after that issue and test it from all sorts of ends, but the moral of the story (for any exchange) is probably that, if you have the option, put eggs in multiple baskets.