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Showing 11 of 11 results by prodigy
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Topic
Board Collectibles
Re: value of 2013 silver 1 BTC Casascius?
by
prodigy
on 29/07/2020, 20:01:28 UTC
PSA

Using escrow here is highly recommended to avoid either buyer or seller getting scammed.  If needed people here can recommend some great escrows, and I would highly advise not taking the sale to another media platform that is another red flag.

Good luck with you sale cas silvers always nice to see here.  Cheesy

+1 don't be penny wise pound foolish here. worth paying for escrow and expedited shipping in the world today.
+ 2, I am one of the many that have been burned on here unfortunately. It's always best to use trusted escrows, like MJ and others. Good luck with your sale!

Ideally it'd be in person (I'm in the southwest) but yeah, I'll definitely use escrow if it's a remote sale.
Post
Topic
Board Collectibles
Re: value of 2013 silver 1 BTC Casascius?
by
prodigy
on 28/07/2020, 22:02:06 UTC
PSA

Using escrow here is highly recommended to avoid either buyer or seller getting scammed.  If needed people here can recommend some great escrows, and I would highly advise not taking the sale to another media platform that is another red flag.

Good luck with you sale cas silvers always nice to see here.  Cheesy

Thank-you! I'm just trying to get a sense for what the market is for them, but I will use escrow if doing a transaction.
Post
Topic
Board Collectibles
Re: value of 2013 silver 1 BTC Casascius?
by
prodigy
on 27/07/2020, 19:01:39 UTC
I have private offer for it,  but seems like you don't allow messages from newbies.

Hi SaumelJobs, I enabled private messaging, you should be able to PM me now.
Post
Topic
Board Collectibles
Re: value of 2013 silver 1 BTC Casascius?
by
prodigy
on 24/07/2020, 01:00:22 UTC
minerjones is correct, anywhere from 1.2-1.4 btc depending on condition.  Pictures would be helpful.

Here are some photos of the coin: https://imgur.com/a/d5blNeg
Post
Topic
Board Collectibles
Re: value of 2013 silver 1 BTC Casascius?
by
prodigy
on 24/07/2020, 00:21:54 UTC
I was advised on reddit to ask here, as the community is more knowledgeable about collectibles etc. I have a silver 2013 Casascius coin, 1BTC pre-loaded (before the SEC ban on pre-loaded coins) purchased for around $400 back in 2014 or thereabouts. Just trying to get a rough value estimate for it as I haven't been able to find any for sale anywhere else online

Hi, are you looking to sell it? if so, could you post up some pics of the quality please?

thanks!

I'm considering, just wanting to get a rough estimate for expected value. I have it and one of the Kialara pieces as well
Post
Topic
Board Collectibles
Topic OP
value of 2013 silver 1 BTC Casascius?
by
prodigy
on 22/07/2020, 16:10:50 UTC
I was advised on reddit to ask here, as the community is more knowledgeable about collectibles etc. I have a silver 2013 Casascius coin, 1BTC pre-loaded (before the SEC ban on pre-loaded coins) purchased for around $400 back in 2014 or thereabouts. Just trying to get a rough value estimate for it as I haven't been able to find any for sale anywhere else online
Post
Topic
Board Beginners & Help
Re: Am I missing something, or is ledger growth going to rapidly become an issue?
by
prodigy
on 21/06/2011, 17:08:28 UTC
Why are the old blocks needed?

I think they're required to verify the entire chain from the beginning (the Genesis block). I.e. trace back the entire transaction history for the whole network and prove no coins have been double-spent.
Post
Topic
Board Beginners & Help
Re: Am I missing something, or is ledger growth going to rapidly become an issue?
by
prodigy
on 21/06/2011, 16:57:24 UTC
Wait, what? A virtual monetary system in which the data volume that must be processed to maintain system functionality grows perpetually?

Seriously?

I'm new here, so I expect I'm missing some stupid detail which shows it isn't so. Hopefully. Because otherwise the entire scheme is insane.

I'm kind of thinking the same thing. Even with the possibility of 'lite' or 'chain-less' clients, the exponential growth of data required just to sustain day-to-day transactions seems infeasible.

Unmitigated commented that the increasing difficulty is part of the genius of Bitcoin, but I have to disagree. It may be effective at creating a predictable rate of money creation, but once all Bitcoins have been generated and (in the ideal scenario) the whole world is using Bitcoins for day-to-day transactions, it becomes a serious problem, since the space required to store the entire chain grows without bounds. Say for example you wanted to move a single coin that has already been moved 3,500,000 times. That's a pretty significant chain to verify, even for a large GPU-based data center!

TL;DR: There may be something I don't understand, but it seems like block/chain growth in size and difficulty will eat up all computing resources thrown at it (I'm thinking years down the road when all coins have been generated).

Edit: idea clarification
Post
Topic
Board Beginners & Help
Re: Am I missing something, or is ledger growth going to rapidly become an issue?
by
prodigy
on 20/06/2011, 20:03:25 UTC
I had the same question/concern not too long ago.

Basically, at some point, we'll see people move from using a normal client to using a chainless client.  The chainless or lite client would connect to one or more nodes to find and verify their account balances, etc.

Most of the code already exists to utilize a lite client.  It's just a matter of implementing the final pieces now.

I assume that at this point main chain processing would be done by 'super-nodes' of some sort? It still seems like larger and larger data centers would be required to process millions of transactions quickly in the face of non-stop growth of the chain. I'm ignorant of the math behind it, but is there some way to trim or 'age out' ancient blocks without compromising the entire chain?

Think of the millions of transactions per day handled by MasterCard/Visa/Etc, on ecommerce sites like Amazon, eBay, etc. That would lead to exponential (i.e. block^2) growth over time and doesn't seem sustainable on a world-use scale.
Post
Topic
Board Beginners & Help
Am I missing something, or is ledger growth going to rapidly become an issue?
by
prodigy
on 20/06/2011, 19:09:49 UTC
A glaring problem I've been thinking about lately, and I'm surprised I haven't seen any discussion on it, is the growing size of the block chain.

The transaction ledger grows each day, and because it's permanent, eventually it will get very computationally expensive to move a single coin because it has a huge transaction history built up on it.

Am I missing something here? To me it seems that over time the global block chain will grow in size to the point where it consumes all computing resources thrown at it. Home PC's can't be expected to store multi-gigabyte (or terabyte) block chains just to perform transactions.

Am I completely off-base here?
Post
Topic
Board Beginners & Help
Re: Whitelist Requests (Want out of here?)
by
prodigy
on 17/06/2011, 02:21:01 UTC
Hello fellow bitcoiners...

I would like an immediate unlock to post about a strange issue I'm having mining with GUIMiner.

I've been mining for a few days using my GTX 260 card, getting around 45 Mhashes in addition to 13 Mhashes / sec from the CPU (~58) with a nice trickle payout.

Randomly the miner quit working. I am using version 2011-06-09 of GUIMiner. Now whenever I try to start up the miner I get the error "Unable to initialize CUDA" and it won't start. I rebooted, reinstalled graphics driver, tried the latest driver from Nvidia, rolled back the driver, rebooted again...zilch. Nothing I try works. Have also googled and the only thing I can find is some old developer messages from when CUDA was first rolled out.

Can anyone shed any light on this?