flat assembler
Message board for the users of flat assembler.

Index > Heap > Bitcoins?

Goto page Previous  1, 2, 3
Author
Thread Post new topic Reply to topic
typedef



Joined: 25 Jul 2010
Posts: 2913
Location: 0x77760000
typedef
HaHaAnonymous wrote:
Quote:

in what sense?
electricity cost?

No, processing power.

Invest in a dedicated Workstation and build it yourself.
You can use solar power for electricity. Very Happy The only thing you have to do is wait for the sun to come out.

Or you can attach it to a big-ass dynamo which then would be attached to an immobile bicycle. You could work out and mine at the same time.
Post 22 Dec 2013, 06:05
View user's profile Send private message Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
isn't it processing power equal to buy more GPU?
or you wanna wait for scrypt ASIC box??
Post 22 Dec 2013, 13:52
View user's profile Send private message Reply with quote
HaHaAnonymous



Joined: 02 Dec 2012
Posts: 1180
Location: Unknown
HaHaAnonymous
[ Post removed by author. ]


Last edited by HaHaAnonymous on 28 Feb 2015, 18:56; edited 1 time in total
Post 22 Dec 2013, 15:22
View user's profile Send private message Reply with quote
HaHaAnonymous



Joined: 02 Dec 2012
Posts: 1180
Location: Unknown
HaHaAnonymous
[ Post removed by author. ]


Last edited by HaHaAnonymous on 28 Feb 2015, 18:40; edited 1 time in total
Post 04 Jan 2014, 23:10
View user's profile Send private message Reply with quote
malpolud



Joined: 18 Jul 2011
Posts: 344
Location: Broken hippocampus
malpolud
Or: if you have access to cheap gear and free energy Smile
Post 06 Jan 2014, 11:48
View user's profile Send private message Visit poster's website Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
HaHaAnonymous wrote:

Today 0.70 litecoin is just less than $20 (USD).

today,

once upon a time, bitcoin was kinda cheap too.
Post 06 Jan 2014, 11:53
View user's profile Send private message Reply with quote
HaHaAnonymous



Joined: 02 Dec 2012
Posts: 1180
Location: Unknown
HaHaAnonymous
[ Post removed by author. ]


Last edited by HaHaAnonymous on 28 Feb 2015, 18:35; edited 1 time in total
Post 06 Jan 2014, 16:04
View user's profile Send private message Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
The price of bitcoin topped $1,000 Monday after Zynga, an online gaming company, announced it would begin testing using the digital currency as payment
Post 07 Jan 2014, 12:44
View user's profile Send private message Reply with quote
malpolud



Joined: 18 Jul 2011
Posts: 344
Location: Broken hippocampus
malpolud
There will be many ups and downs in Bitcoins price in the next couple of weeks. I hope that it is just a matter of time when decentralized cryptos are a regular way of paying money. Bitcoin penetrates peoples minds so far.
Post 07 Jan 2014, 17:35
View user's profile Send private message Visit poster's website Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
several big online retailer start accepting bitcoin,
http://www.entrepreneur.com/article/231134

i was thinking, maybe a bitcoin/litecoin digital wallet inside menuet os, DOS, or any simple secure OS that will only run inside virtualbox, boch, vmware, etc hypervisor.

maybe could help others to jumps start using cryptocoin.

is there any secure and open, easy, simple, method for cryptocoin trading,
maybe a new coin that come together with a way of trading like mining?
Post 31 Jan 2014, 11:42
View user's profile Send private message Reply with quote
malpolud



Joined: 18 Jul 2011
Posts: 344
Location: Broken hippocampus
malpolud
The main problem about bitcoin is that it is not easy to use - can not imagine my mom using it yet.

There are a couple of projects that aim at making bitcoin exhange easier for regular users. For example Trezor: http://www.bitcointrezor.com/

Creating open hardware and an open protocol for wireless BTC transactions could help too. Something like pay pass wireless cards. A customer has a dongle that holds his private keys. The seller has a machine that accepts payments. When the customer wants to pay for something he connetcts wirelessly with the sellers machine and his dongle confirms the transaction.

A couple of news that can be good for BTC:
India back in the game: http://articles.timesofindia.indiatimes.com/2014-01-15/internet/46223201_1_bitcoin-unocoin-rbitco-in

Chinese government seems not hostile to BTC: http://www.coindesk.com/chinese-central-bank-official-dont-want-suppress-bitcoin/

Bad news for poor Euro-zone countries and fiat holders in general: http://www.zerohedge.com/news/2014-01-27/bundesbanks-stunner-broke-eurozone-nations-first-bail-your-rich-citizens
Post 31 Jan 2014, 15:33
View user's profile Send private message Visit poster's website Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
Post 11 Feb 2014, 20:02
View user's profile Send private message Reply with quote
HaHaAnonymous



Joined: 02 Dec 2012
Posts: 1180
Location: Unknown
HaHaAnonymous
[ Post removed by author. ]


Last edited by HaHaAnonymous on 28 Feb 2015, 18:14; edited 1 time in total
Post 11 Feb 2014, 20:13
View user's profile Send private message Reply with quote
revolution
When all else fails, read the source


Joined: 24 Aug 2004
Posts: 17284
Location: In your JS exploiting you and your system
revolution
Just try not to get caught when you do use them:

http://phys.org/news/2014-02-vietnam-bitcoin-transactions-illegal.html

Asia seems somewhat jumpy about them. I think the real "problem" the banks have is that they can't charge transaction fees.
Post 28 Feb 2014, 09:28
View user's profile Send private message Visit poster's website Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
yah, no transactions fee for bankers at this moment, but if somehow they deploy such services, they will insert that fee into transaction, like BTC 1 minus BTC 0.01 if through them.

but i could see something new idea into market,
open public synced database,
with trading physical currency to virtual currency features, a 3 or 5 parties system money passing strategy,
so the middle man who help the transaction earn a little bit of coin after completion.
Post 28 Feb 2014, 09:46
View user's profile Send private message Reply with quote
revolution
When all else fails, read the source


Joined: 24 Aug 2004
Posts: 17284
Location: In your JS exploiting you and your system
revolution
sleepsleep wrote:
so the middle man who help the transaction earn a little bit of coin after completion.
This already happens, just that it is not official banks. Have you actually read about how BTC work?
Post 28 Feb 2014, 09:54
View user's profile Send private message Visit poster's website Reply with quote
sleepsleep



Joined: 05 Oct 2006
Posts: 8904
Location: ˛                             ⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣⁣Posts: 334455
sleepsleep
i read them, but maybe my lack of knowledge and understanding prevent mysef to actually grab the information.

http://www.policymic.com/articles/76453/how-bitcoin-works-in-5-easy-steps

i was thinking about let USD or etc physical currency polling inside open synced database,
without the need to introduce another big third parties to function as bank, but let everybody to participate in put your money into the pool open synced database.
Post 28 Feb 2014, 10:04
View user's profile Send private message Reply with quote
revolution
When all else fails, read the source


Joined: 24 Aug 2004
Posts: 17284
Location: In your JS exploiting you and your system
revolution
AFAIK there is no such thing as an "open synced database" that would be secure and reliable. Where would it be stored? Who takes responsibility? Etc. This is why BTC has transaction fees, to encourage people to verify transactions. Anyhow, use my website if you want to learn more. We are not a very reliable search engine here and we might be wrong or lying. It is best that you find out for your own peace of mind.
Post 28 Feb 2014, 10:27
View user's profile Send private message Visit poster's website Reply with quote
Display posts from previous:
Post new topic Reply to topic

Jump to:  
Goto page Previous  1, 2, 3

< Last Thread | Next Thread >
Forum Rules:
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum


Copyright © 1999-2020, Tomasz Grysztar. Also on YouTube, Twitter.

Website powered by rwasa.