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Bitcoin Discussion Thread

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Monkey God said:
Lots of stuff in the bitcoin world are overloaded. Its called spiking popularity. Why blame Americans? Jackass.

On topic:
Someone had a question about crossfire, I find that not using crossfire (using dummy plugs) is much more stable, especially with regards to messing with GPU and RAM clocks. With linux you dont need dummy plugs but its a little more work to mess with clocks and such.
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nice name calling, what are you 12...? tsk,tsk, I think I remember that being against the rules...lol

I'll explain it to the guy with no sense of humor here, there's three US servers listed on THE FRONT PAGE OF BTCGUILD WITH THEIR LOAD STATS, it makes no difference which one you chose (with regards to speed), it's not that hard to configure it to run on one of the servers with less of a load, last night even though I live on the east coast I selected the uswest server because the useast server was overloaded, now the uscentral server is overloaded, if people spread out the connections then none of the servers will be overloaded, even with "spiking popularity"...

overloadedcentral.jpg
 
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Chihlidog said:
ANYTHING could spike it, or send it crashing. ANYTHING. It's too young of a market to even make a reasonably educated prediction. Yes, it does seem to be holding fairly steady but one news article could alter the price dramatically. I expect some major fluctuation to continue for a while but that's just a wild guess.
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yeah of course anything big like a news article or one of the big hoarders selling all his share or something could upset it a bunch, but at least its holding steady without any of those factors for the first time.

jebo_4jc said:
let us know the highlights
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agreed. im at work and cant load the video. :/
 
ekuest said:
yeah of course anything big like a news article or one of the big hoarders selling all his share or something could upset it a bunch, but at least its holding steady without any of those factors for the first time.



agreed. im at work and cant load the video. :/
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I guessed that the major crash last week was because someone cashed out a ton of their bitcoins, not sure if that's what really happened though...
 
Anyone need some video cards?

My free electricity goes away soon, so I've decided to slim down my collection.

I have:

Used XFX 6950 1GB - Registered with lifetime warranty $190
Unopened Sapphire 5830 1GB - $105 - Pending to Neb
Used HIS 6850 1GB - $130
Used XFX 4850 1GB, registered with lifetime warranty - $45

Prices are shipped, and I will accept PayPal, Amazon Payments, or NewEgg giftcards (SpendBitcoins, anyone?)

All cards are in mint condition, ran in a clean and pet-free home, and will be dusted for good measure before shipment. Cards include original packaging and accessories.

Heat: NobleX13
 
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I'll take the 5830, but I can't pay till tonight...paypal blocked at work.
 
NobleX13 said:
Anyone need some video cards?

My free electricity goes away soon, so I've decided to slim down my collection.

I have:

Used XFX 6950 1GB - Registered with lifetime warranty $205
Unopened Sapphire 5830 1GB - $105
Used HIS 6850 1GB - $130
Used XFX 4850 1GB, registered with lifetime warranty - $45

Prices are shipped, and I will accept PayPal, Amazon Payments, or NewEgg giftcards (SpendBitcoins, anyone?)

All cards are in mint condition, ran in a clean and pet-free home, and will be dusted for good measure before shipment. Cards include original packaging and accessories.

Heat: NobleX13
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XFX 6950 1GB is 199 AR on newegg right now man. Im tempted on that 5830. VERY tempted.

EDIT: Looks like I'm not buying the 5830 lol
 
Chihlidog said:
XFX 6950 1GB is 199 AR on newegg right now man. Im tempted on that 5830. VERY tempted.

EDIT: Looks like I'm not buying the 5830 lol
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just got my 6850 today and would love to CF it and get to 400MH/s on my rig, but I have a trip to Michigan coming up and need the cash for that...
 
wol-va-rine said:
I guessed that the major crash last week was because someone cashed out a ton of their bitcoins, not sure if that's what really happened though...
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one person sold 24k coins at one time at the peak and then the crazyness begain
 
NobleX13 said:
Prices dropped. I can hold the 5830 until after work.
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I didnt mean to crap on it man, just wanted to let you know. IMO an XFX is worth it anyway and if I was sure I wanted one I would have bought yours no question. So, yeah, hope you didnt drop 'em just cause of what I said.
 
The nice thing about 5830's is they get so much hashrate per dollars compared to the 6950's etc.
 
Chihlidog said:
I didnt mean to crap on it man, just wanted to let you know. IMO an XFX is worth it anyway and if I was sure I wanted one I would have bought yours no question. So, yeah, hope you didnt drop 'em just cause of what I said.
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I accept your logic, and that seems like a solid price to me.

Monkey God said:
The nice thing about 5830's is they get so much hashrate per dollars compared to the 6950's etc.
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+1 to that; the 6950 may need to move to the main FS/T section.
 
Monkey God said:
You call Americans dumbtards and then cry when someone calls you out on it? Go ahead and report me to a mod, crybaby.
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it's a joke "jackass"...

:rolleyes:

I even tried to show the next comment as a joke by putting "lol", and you still don't "get it"...lol, what a tard...
 
wol-va-rine said:
it's a joke "jackass"...

:rolleyes:

I even tried to show the next comment as a joke by putting "lol", and you still don't "get it"...lol, what a tard...
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Holy shit, stop the personal attack/name calling bullshit.

Both of you go to a corner and cool off.... and get off my damn lawn!!!




Kids these days.... lol
 
Had I known about this 2 years ago, I would have been all over it. Now, meh... The few guys that started out on day one and are still on it should be literally millionaires by now.
 
schizrade said:
Had I known about this 2 years ago, I would have been all over it. Now, meh... The few guys that started out on day one and are still on it should be literally millionaires by now.
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it should be more guys than that, especially if they've been smart about it (selling some here and there to get a steady flow of income), the owner of the Deepbit pool is lining his pockets quite nicely every day as well, for the average guy that just started it's a good way to shop for free for as long as this lasts because you can spend bitcoins on Newegg and Amazon now through spendbitcoins.com, but yeah, the gold rush is over, and has been for a while, I think too many people are taking too much of a linear look at their projections (producing 1 BTC a day now doesn't mean you'll have produced 60 bitcoins two months from now)...

some are switching to namecoins but that's even riskier because it's directly linked to bitcoins, if bitcoin fails my guess is that namecoin won't be too far behind...
 
wol-va-rine said:
it should be more guys than that, especially if they've been smart about it (selling some here and there to get a steady flow of income), the owner of the Deepbit pool is lining his pockets quite nicely every day as well, for the average guy that just started it's a good way to shop for free for as long as this lasts because you can spend bitcoins on Newegg and Amazon now through spendbitcoins.com, but yeah, the gold rush is over, and has been for a while, I think too many people are taking too much of a linear look at their projections (producing 1 BTC a day now doesn't mean you'll have produced 60 bitcoins two months from now)...

some are switching to namecoins but that's even riskier because it's directly linked to bitcoins, if bitcoin fails my guess is that namecoin won't be too far behind...
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Great way to look at it. If I get a few "free" pieces of hardware out of this whole craze I'll be more than happy.
 
I assume a 5830 will mine just fine with a 6950 mining as well? Or do I need to do something wonky?
 
Yeah, lasted longer then last time. I got two though. I bet I can make enough cash with Namecoins to buy two more before they come back in stock :p
 
I might be able to arrange a volume buy of brand new 5870s at a sub $300 price. Anybody interested or is H now devoted to mass groupings of 5830s.

BTW somebody up above or down below dislikes my attempts to build some dedicated rigs. I was going to order 10 of those 5830s (3 each in 3 rigs and the last for my main computer). Then was called away by the boss. By the time I got back, all of 'em were sold out.
 
Newegg still has some 5850s. Sucks that they limit one per customer but you can get around that if you are inventive enough.

$234.99 + 7.87 Shipping
http://www.newegg.com/Product/Product.aspx?Item=N82E16814129141
Heh, if bitcoins were accepted widely you wouldn't be beholden to any of those quantity restrictions since the transaction would be completely anonymous and they'd have no way of tracking you.
 
okay fellas, just something to take into consideration, I know I've been trying to keep people reasonable about buying hardware and some of you have probably tuned me out by now...lol, but a 5830 you buy today will only mine about 10 bitcoins in it's lifetime, after that it will just be fractions of bitcoins...

just sayin'...
 
wol-va-rine said:
okay fellas, just something to take into consideration, I know I've been trying to keep people reasonable about buying hardware and some of you have probably tuned me out by now...lol, but a 5830 you buy today will only mine about 10 bitcoins in it's lifetime, after that it will just be fractions of bitcoins...

just sayin'...
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getting closer to the break even point, depending on what the value of BTC does

regardless, if the value of BTC climbs as quickly or quicker than difficulty, buying new hardware will continue to be profitable
 
wol-va-rine said:
okay fellas, just something to take into consideration, I know I've been trying to keep people reasonable about buying hardware and some of you have probably tuned me out by now...lol, but a 5830 you buy today will only mine about 10 bitcoins in it's lifetime, after that it will just be fractions of bitcoins...

just sayin'...
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do you have that link where you enter your mh/s and get the lifetime profitability of your card in btc? i saw it somewhere, possibly in this thread.
 
nice! do you mean bit?
name seems pretty high
considering i have 60 on the net
then i'd have...a lot!
 
jebo_4jc said:
getting closer to the break even point, depending on what the value of BTC does

regardless, if the value of BTC climbs as quickly or quicker than difficulty, buying new hardware will continue to be profitable
Click to expand...
Yeah mining is not going to stop being profitable after the 21millionth final coin is minted. Remember that you are also verifying all the transactions that have taken place in the network. What does that mean? It means that miners will still be useful to carry on that work and you can still make money off of them via transaction fees.

As a side note, the upcoming bitcoin client version 3.23 will have a reduction on the cost of transaction fees and some improvements to network performance and bug fixes.
https://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.3.23
This is largely to reduce the transaction fee to 0.0005 BTC and to improve network performance.

- TX fee lowered, 0.0005 BTC
- P2P / Network connection improvements
- Client will relay transactions with fees as low as 0.0001 BTC
- Additional bug fixes
Click to expand...
 
ekuest said:
do you have that link where you enter your mh/s and get the lifetime profitability of your card in btc? i saw it somewhere, possibly in this thread.
Click to expand...

I have the forecaster bookmarked, I hate linking it though because it has a "predict exchange rate" option and the "predicted" value of bitcoins is stoopid high (jmo) and could cause people to buy even more video cards...lol, but if the expected exchange rates DO happen then even partial bitcoins would be worth a lot...

bitcoin mining predictor

I will also add that you really need to read it carefully, but the chart takes into considerations a few assumptions, one of which hasn't happened recently IIRC, it predicts the difficulty will increase by a set amount, and that hasn't been what has happened, the last few difficulty increases have been bigger than the last, no...? if difficulty continues to rise by a greater percentage each time than even 10 bitcoins for a 5830 that starts mining today (lol, not one that ships today, but one that is actually mining) sounds a bit optimistic and may actually be closer to 8 total bitcoins...
 
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