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Showing 12 of 12 results by lompocus
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Board Announcements (Altcoins)
Re: [ANN][RIC] Riecoin, new prime numbers POW coin, launches Feb 11, 2014
by
lompocus
on 16/02/2014, 04:27:40 UTC
hey all, anyone predicted in next week price??

According to I predict the price to skyrocket to $20 within five days. We will, at least, be able to buy 1 Rye Bread with 1 Riemann.

I have seen people predict the bitcoin trends using traditional methods, though, but that's a large-volume market with relatively slow transaction times.
Post
Topic
Board Marketplace (Altcoins)
Re: WTS RIC/RIECOIN
by
lompocus
on 15/02/2014, 05:02:26 UTC
Unless my eyes deceive me (and have been for the past few hours), you can get more than all the coins listed in this thread for ~0.00300 BTC per RIC here:

https://poloniex.com/exchange/btc_ric
Post
Topic
Board Project Development
Re: Bitcoin ATMs to California
by
lompocus
on 12/02/2014, 21:16:52 UTC
Why don't you contact the Dogecoin community?

All other merit or assumptions made by this user have been voided.

The last thing you want to do with a BITCOIN project is degrade the company and seek help from a pitiful joke.




Equity is the way to go

Their inquiry could always be reworded.

Did you also support MaxCoin?
Post
Topic
Board Bitcoin Discussion
Re: MtGox and sources of fiat.
by
lompocus
on 12/02/2014, 20:58:32 UTC
If I recall correctly, it is difficult to transfer dollars in there from the bank.

Sorry to clarify, do you mean USD cash into MtGOX is restricted in some sense?
If so, the clients cannot convert USD to BTC and no fiat issue there. Am I missing something?



Oh, yes, I worded that incorrectly.

It is difficult to move dollars from your personal bank account to a bitcoin exchange. At least, this was the case in December. The point was this statement's truth would imply a constant shortage of dollars and would lead to the depreciation of the value of all cryptocurrencies.
Post
Topic
Board Bitcoin Discussion
Topic OP
MtGox and sources of fiat.
by
lompocus
on 12/02/2014, 06:25:36 UTC
How do dollars get injected into the cryptographic currency exchange? I know of the following sources:

1. Hand-to-hand transactions (in-person transactions).
2. Tokenization of currency (selling pre-allocated currency, like pre-paid debit cards and just as thieving, i.e. circassius coins/roman coins).
3. Exchange through a broker (e.g. bitcoin-brokers -- are they still around? Possibly the second-fastest way to transact).
4. Private vendor (eBay will implement this soon, and large vendors show up here and there on craigslist; also sale of coin miners, to a limited extent, though there is no guarantee the dollars end up in the exchange).
5. Direct deposit (intra-bank, inter-bank, international).

Of these, #5 seems to be the biggest source of fiat exiting the system. Some very large entities utilize #3, though this is only a tiny slice of the pie that is up for sale. #2 seems to be scam-heaven. #1 is an obvious thing, though I presume this is limited to small buyers and extremely large buyers. I have yet to see #4 presented in any fair and sensible manner, even though it ought to be an easy thing to do. Did I miss anything?

Concerning #5, the sleepy-me has come up with a strange bit of confusion. MtGox is a big mover and shaker (just look at the past couple of days). It is clear that only the owners and their friends are able to withdraw fiat/USD. (It is also clear that they do not bother performing arbitrage corrections to other places, possibly to capture more USD.) If I recall correctly, it is difficult to transfer dollars in there from the bank. Whatever the case, are dollars scarce on MtGox and certain other exchanges relative to possibly more-important exchanges, and does this stunt the growth of the currency's market capitalization?

Post
Topic
Board Project Development
Re: Bitcoin ATMs to California
by
lompocus
on 12/02/2014, 06:16:44 UTC
Why don't you contact the Dogecoin community? For whatever reason, many speculators have retained parity with their week-ago state of wealth through that currency. Certainly they'd appreciate and reward new ease in obtaining fiat.

Avoid an IPO or anything analogous to that. The bitshares people are morons, certainly that's one extreme you want to avoid. The other insane thing would be to let yourself becomes another little part of a technically-incompetent investor's provincial-minded assets. You'd not be creating your own kingdom; you already have your head screwed on your shoulders.

Whatever the case, it looks like you're going to reach your funds soon. Just don't push out product too fast....
Post
Topic
Board Bitcoin Discussion
Re: Massive 41,700 BTC transaction just happened
by
lompocus
on 12/02/2014, 06:08:50 UTC
Maybe someone just bought a ticket on a SpaceX craft?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HUC] Huntercoin -Human Mining + DualAlgo (scrypt/sha256) & MergeMineable
by
lompocus
on 07/02/2014, 01:04:00 UTC
Dang, these Chinese are awesome (I'm chinese too lol)

Anyways, can I haz a coin? (I'm solo mining with 3.5 MH/s and its taking forever.)
Also, are there any doge merged mining pools?
and anybody want to work with me to make MPOS work with this?

I am curious regarding mining effectiveness. How many coins are you getting per hour, approximately?

*edit* snailbrain, now I understand. Victory can be achieved by splitting each team into half a dozen small groups of a half-dozen or so raiders in constant communication with each other. A general, cross-color staff is appointed to coordinate raids and avoid raiders killing other raiders. CN are then hit as they are ferrying money back to their home base. (Until they change their name to non-CN). Then the raiders can assert supremacy regardless of what CN did. When dealing with CN, don't do what the CN do; do what the Mongols do! Now I need to find some Mongols.

*edit2* Another bug: I clicked "New" then clicked the X. Now I have been charged the transaction fee of 1 HUC but have no workers under my new entity, not can I delete the new entity.

maybe you cancelled "first_update"
select the name with no hunters, then click config, then choose colour, then press ok (wait a few blocks.. like 5 )

if doesn't work, restart client

if doesn't work, restart client with -rescan

if doesn't work, it's that Chronos guy Sad we are looking into avoiding him

After hitting "config" and picking a color, my hunters showed up under my new entity after some number of turns that I'm unsure of.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HUC] Huntercoin -Human Mining + DualAlgo (scrypt/sha256) & MergeMineable
by
lompocus
on 07/02/2014, 00:36:47 UTC
Dang, these Chinese are awesome (I'm chinese too lol)

Anyways, can I haz a coin? (I'm solo mining with 3.5 MH/s and its taking forever.)
Also, are there any doge merged mining pools?
and anybody want to work with me to make MPOS work with this?

I am curious regarding mining effectiveness. How many coins are you getting per hour, approximately?

*edit* snailbrain, now I understand. Victory can be achieved by splitting each team into half a dozen small groups of a half-dozen or so raiders in constant communication with each other. A general, cross-color staff is appointed to coordinate raids and avoid raiders killing other raiders. CN are then hit as they are ferrying money back to their home base. (Until they change their name to non-CN). Then the raiders can assert supremacy regardless of what CN did. When dealing with CN, don't do what the CN do; do what the Mongols do! Now I need to find some Mongols.

*edit2* Another bug: I clicked "New" then clicked the X. Now I have been charged the transaction fee of 1 HUC but have no workers under my new entity, not can I delete the new entity.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HUC] Huntercoin -Human Mining + DualAlgo (scrypt/sha256) & MergeMineable
by
lompocus
on 07/02/2014, 00:21:17 UTC
Snailbrain, you have created such a very fun game! It's like chess with hour-long turns, except instead of one player versus another, it's the Republic versus the Empire with Phezzan comprising eventually-to-be-organized intermediate players. Except the Republic is CN and doesn't speak anything except Chinese, and everyone else is bi- or tri-lingual in western and eastern languages.

I only have one worry, but the game is still fun with this. The CN have huge cash reserves. If, for example, everyone starts fighting CN, then we will face attrition unless we can basically get 2 or 3 of them to die for every one of our kamikazies. Certainly this will make the miners very happy, but, in the end, CN will win by sheer numbers.

There must be a way to win, but I can't quite see it. We can't "lock them" into any place because they'll just bum-rush us. Even if we had perfect teamwork, we'd basically be playing hell-chess with a board full of respawning pawns.

So, then, if CN can't be annihilated, the next-best idea is to cause enough confusion on the board such that I can take as much money with me as possible. After the confusion falters and CN regains supremacy, however, CN will barely be able to keep up with coin gains.

How, exactly, does the coin distribution scheme work? I know one coin is dropped per block or something like that, but I still feel iffy on the game's mechanics.

Second, a bug report. I frequently find myself mis-moving my characters. If the UI has a little field telling us if we were either pending or moving, and if the UI also had another field telling us what our current pending action is, I'd be happy. I also have no idea what Cancel does, since it seems to do multiple different things. Or we could just be playing an RPG where the game mechanics change over and over again (then CN would lose hard).
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][MAX] MaxCoin
by
lompocus
on 06/02/2014, 13:06:32 UTC
Maybe not a popular opinion, but shouldn't we contact developers to ask for delay before CGminer for keccak would be released? Cause if they talk about fairness, Nvidia guys already have advantage on both cpu and ati users. And I don't see how less fair start could be than it is now.
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][MAX] MaxCoin
by
lompocus
on 06/02/2014, 12:59:53 UTC
This is on an 8 core XL Azure free trial:

Code:
./minerd --algo=keccak --benchmark
[2014-02-06 04:57:23] Binding thread 7 to cpu 7
[2014-02-06 04:57:23] Binding thread 0 to cpu 0
[2014-02-06 04:57:23] Binding thread 1 to cpu 1
[2014-02-06 04:57:23] 8 miner threads started, using 'keccak' algorithm.
[2014-02-06 04:57:23] Binding thread 3 to cpu 3
[2014-02-06 04:57:23] Binding thread 4 to cpu 4
[2014-02-06 04:57:23] Binding thread 6 to cpu 6
[2014-02-06 04:57:23] Binding thread 2 to cpu 2
[2014-02-06 04:57:23] Binding thread 5 to cpu 5
[2014-02-06 04:57:26] thread 2: 2097152 hashes, 782.90 khash/s
[2014-02-06 04:57:26] thread 6: 2097152 hashes, 782.78 khash/s
[2014-02-06 04:57:26] thread 0: 2097152 hashes, 781.91 khash/s
[2014-02-06 04:57:26] thread 3: 2097152 hashes, 781.76 khash/s
[2014-02-06 04:57:26] thread 5: 2097152 hashes, 781.38 khash/s
[2014-02-06 04:57:26] thread 7: 2097152 hashes, 778.56 khash/s
[2014-02-06 04:57:26] thread 1: 2097152 hashes, 778.28 khash/s
[2014-02-06 04:57:26] thread 4: 2097152 hashes, 775.25 khash/s
[2014-02-06 04:57:31] thread 7: 3892811 hashes, 783.44 khash/s
[2014-02-06 04:57:31] Total: 6248 khash/s

I am rather new to this mining stuff. I think I'm doing the same as you are doing with the same XL system with CentOS, but three issues come up:

1. I don't see any of the "Binding thread..." lines
2. My individual thread hash is ~912 khash/s

I don't know why this is the case.