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Bitcoins!

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Setting up encryption now.. do we cut the appdata files or merely copy them?
 
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Can you short sell bitcoins?
 
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Can you short sell bitcoins?
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 :()
 
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Is it still recommended to get bitcoins while its down? Is now a good time?
 
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Is it still recommended to get bitcoins while its down? Is now a good time?
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.
 
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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
 
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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.
 
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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?
 
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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?
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 :(
 

Grnfinger

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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
 
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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
It's legit
The link you provided need you to register to view.
 

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It's legit
The link you provided need you to register to view.
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?
 
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Grnfinger

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berwick53

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Mtgox has been compromised !!!

changing passwords just in case atm
 
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Grnfinger

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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
 
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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
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.
 
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what about compute4cash, how do they work?
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.
 
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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.
 
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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
 
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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
 
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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.
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.