Re: 2013-05-31 Washington Post: Why didn’t Bitcoin users freak out in May?
by
slashopt
on 01/06/2013, 15:29:00 UTC
Quote
But technologically? If there is a will to do so someplace like at Bernanke's office? Sadly, no. He could print a quick trillion to build a 3rd-gen ASIC factory and make enough chips to sustain a fatal attack on the network... All without telling congress anything.
I think friedcat would want that trillion turned into bitcoins (which would have an interesting impact on bitcoin), A new fab would take some time to get the chips right, or the trillion dollar BFL pre-order will never ship. Ben might have a lot of friends, but I doubt he has a chip fab in his back pocket for cranking out sha256 ASICs faster than someone will ask him questions.
As to the article, I can say that I didn't freak out because early adoption and prospecting include an expected loss from time to time. But when you get it right, the surprise payoff is big enough to make up for those losses. It is all about expectations.
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Topic
BoardDevelopment & Technical Discussion
Re: Bitcoin-qt Sign Message Feature -- Put header/footer around message.
by
slashopt
on 28/05/2013, 21:36:41 UTC
I was just thinking the same thing.
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Topic
BoardGroup buys
Re: OPEN: USA/Canada [Group Buy @153] ASICMiner Erupter USB 2.03496 each @ 5 units
Ehh, I don't think the probation period is all that bad. It burns up 10 posts / 4 hours, and then you move on with your life. Many many worse things in the world.
I agree with Azure. Technically, you have the largest, most engaged part of the population here. Not like I have anything else to do over those four hours.
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BoardBeginners & Help
Re: Are you a newbie?
by
slashopt
on 22/05/2013, 00:33:17 UTC
Long time lurker, but I wanted to get into some group buys for the block Erupter USB sticks, and that requires the ability to post.
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BoardBeginners & Help
Re: Hey forum
by
slashopt
on 22/05/2013, 00:25:44 UTC
Normally playing EvE on an older graphics card, mining in that game.