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Bitcoins!

Discussion in 'General Software' started by pantherx12, Feb 17, 2011.

  1. P1n3apqlExpr3ss New Member

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    Setting up encryption now.. do we cut the appdata files or merely copy them?
  2. matteumayo New Member

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    I believe the only file that matters is wallet.dat.
  3. ShiBDiB

    ShiBDiB

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    Can you short sell bitcoins?
  4. n-ster

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    Yes, if you find someone that agrees to your terms and is trustworthy enough.... I once sold an "option" I thin you call it, which basically puts an amount of bitcoins available for the option buyer at a significantly higher price but with a lapse of time (mine was 5 weeks), and on the fifth week, bitcoin rose very quickly. (at the time of transaction, BTC was 0.8$USD and the option was at like 1.2$, and it rose from 1.1-->1.8$ few days before expiration :()
  5. AphexDreamer

    AphexDreamer

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    Is it still recommended to get bitcoins while its down? Is now a good time?
  6. matteumayo New Member

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    It would have been better a week ago when it was $10, but I think the price will rise eventually, so you will probably profit.
  7. Bow

    Bow

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    Question
    Like Folding am I going to have to crank up my fan speed or does mining use less GPU power
  8. n-ster

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    fan speed should be a bit lower than folding IMO but very close to it =/

    you should downclock memory, it actually IMPROVES performance

    http://www.bitcoin.org/smf/index.php?topic=4292.0
    Bow says thanks.
  9. silkstone

    silkstone

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    I can;t downclock my memory :( i followed the instuctions on the bitcoin forums, re-installed catalyst with only the core drives (no CCC) but still, my memory runs at 1ghz even when changing it in Trixx. I can't use MSI afterburner, Trixx is the only utility that gives me any voltage control.
  10. n-ster

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    I can't get Voltage control to work on MSI, but I can downclock... Can't you use MSI just for bitcoins?
  11. silkstone

    silkstone

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    i could, but then i'd have to lower my votage and hence my core clock. I'm running at 970mhz for mining atm, i don;t think it'd get nearly that high without changing the voltage :(
  12. Grnfinger

    Grnfinger New Member

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    Hi

    I'm thinking about trying this out, I have a 5970 and just bought a 5870

    Is this really legit?
    Where can I spend these coins or trade/sell for real world money?

    This is what concerns me...
    http://www.realredraider.com/vbulletin/showthread.php?t=48350

    Not saying he knows what he is talking about but Joel does do his homework

    Sorry if this has been answered before, I'm interested I just dont know enough to setup and cash in
  13. silkstone

    silkstone

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    It's legit
    The link you provided need you to register to view.
    Grnfinger says thanks.
  14. Grnfinger

    Grnfinger New Member

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    So I have a bitcoin client installed but I'm not really sure what to do next, is there an idiots guide to setting up like WCG?
  15. huayra.agera New Member

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    Grnfinger says thanks.
  16. Grnfinger

    Grnfinger New Member

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    thanks been reading there all day.... yeah for me I've made 0.050 coins today :D
    At this rate early retirement is around the corner:rolleyes:
  17. berwick53 New Member

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    Mtgox has been compromised !!!

    changing passwords just in case atm
  18. matteumayo New Member

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    Yeah, makes me glad I never made an MtGox account :cool:
  19. Grnfinger

    Grnfinger New Member

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    what about compute4cash, how do they work?

    My one bitcoin client is not working the gpu at all, I loaded the c4c client and both cores are at 100% now, even my PSU fan kicked up a few rpms

    5970 is getting a workout today
  20. matteumayo New Member

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    C4C is how I learned about bitcoins.

    They pretty much made it easy to mine bitcoins (without telling the worker that they were really just mining bitcoins) and took/take I think about 90% of profits.
  21. xenocide

    xenocide

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    As stated, good for beginners. The downside is that they pay you roughly half of what a Bitcoin is worth (from what I've heard) and then sell it on the free market to make substantial profits.
  22. n-ster

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    the mtgox problem isn't nearly as huge as ppl make it out to be... at least, now they are upping their security to extremely high lvls o.o

    only 1000$ was lost in all, and I'm sure MT paid the guy back, probably with interest as a compensation.
  23. Hayder_Master

    Hayder_Master

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    Interesting i hear about bitcoin before month, and i didn't take a wide look for it cuz it's new thing for as but i want ask people who try it just an advice, so let we say i spend money for extreme rig like 2000$ or more, and elcetrisity cost me every 1000w about 20$ in a month, so is this thing worth to do such a move like this.
    Thanx a lot
  24. n-ster

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    investing in bitcoin rig is risky, and you should only do it if you understand bitcoin and have a bit of experience with it

    the one thing you could do is sell your GTX 580 and buy 1 or 2 6990s/6970s and mine with those
    Hayder_Master says thanks.
  25. pr0n Inspector

    pr0n Inspector

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    It exposed mt.gox's crappy security/technical expertise. It raises the question of reliability and trust of unregulated central exchanges for a decentralized currency. Faith is the only thing that keeps bitcoin afloat and human minds are easy to sway, a string of bad news can easily destroy many's dream of profiting from their brand new mining farm.

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