Bitcoin thread anyone?

gnode · Jul 3, 2011

Quote from newguy05:

yep even mainstream is going in that direction, moving many of the calculation to the gpu side vs cpu, since they can do it much more efficiently. Look for much tighter cpu/gpu integration in the coming years.

Yeah I look forward to it. GPU is the way to go when doing pure number crunching. Seems particularly useful for analyzing trading strategies.

LeeD · Jul 20, 2011

Quote from newguy05:

yep even mainstream is going in that direction, moving many of the calculation to the gpu side vs cpu, since they can do it much more efficiently. Look for much tighter cpu/gpu integration in the coming years.

That is people who preferred to buy an expensive GPU (presumably for playing computer games) instead of sinking the extra $500 or so into a CPU like http://www.tomshardware.com/reviews/xeon-x5680-5600-series-westmere-ep,2692.html

Pekelo · Oct 29, 2011

Quote from newguy05:

Bitcoin is back and stable around $15, cant kill it!

Just dropped off my mining rig at the warehouse early this week...

So bitcoins are under $4, how does that effect your mining operation?? Are you going to close down the gold er... bitmine???

Random.Capital · Nov 23, 2011

Quote from newguy05:

Bitcoin is back and stable around $15, cant kill it!

Now $2.

No wonder outfits like MF can do what they do - people will believe just about any line of crap, as long as the fantasy has them ending up rich.

Pekelo · Nov 23, 2011

Hm, my posted chart is actually updating.... Anyhow, was it possible to short bitcoins? I don't think so...

The guy with the mining rig at least can play Skyrim nicely.

fluffhead · Nov 23, 2011

I think once the database at mtgox was hacked people lost confidence and the whole thing collapsed. Unfortunately I think there will have to be some government recognition to make the bitcoin concept work.

dumb_mother · Nov 23, 2011

i've been fade scalping buying selloffs since bitcoins were 17$ and am up 40% over the period.

Random.Capital · Nov 23, 2011

Quote from Pekelo:

The guy with the mining rig at least can play Skyrim nicely.

POTD!

Pekelo · Jan 15, 2012

The current episode of Good wife (watching it right now) has bitcoin as its main topic. The Feds went after the supposed inventor for making an illegal currency, that is the storyline.

Jim Cramer just made a cameo, playing a currency expert. He said it wasn't a currency, but the judge ruled otherwise later on...

By the way the price of bitcoins has just increased by 200% since mid-November...

stock777 · Apr 1, 2012

Quote from stock777:
06-19-11 08:06 PM
i place the odds of you bitfraud guys waking up to a zero balance one day at 95%.

better to buy some Chiknees stocks with that money.

nah , a slow painful death is more like it

price was near 30 when I posted this went to 2, now 5 .

guess I was right again. yep. right again.