The Deep Web

[Rsully70sev]

holy fuck. Rsully knows whats up. Can you order me shit?

What else do I know besides weed and computers? Certainly not e30's lol

What do you want, a hit man? 10k up front with a location, description and name, 10k after photos are sent. LMAO!

There's some other cutty shit where you're invite into a ring of set up games. You put 10k up front and the game is rigged, so it pays 2:1. These are BIG games too (fights, sports, etc) not cockfights haha.

This is actually scaring me a little bit lol.

[DatUtahGuy]

Can you/would you get screenshot of verification that the last Manny fight was rigged!!!???? Pleaaseee?!?!?

[Rsully70sev]

Hahaha if I had an account with them I would. $10k entry fee, this is the serious interwebz lol.

[HarryPotter]

not if it is a amd 7000 series

derp, you sir are correct.

[TexasTerp]

I mined bitcoins in undergrad, used the computers in a few library labs to mine all at once. Parallel-mining is awesome, you can also remotely run hashes through an xbox360 or ps3 for extra computing power. I've been thinking about getting back into it. I have a linux hackbox in my room that I might hook up, gotta setup a few VPN proxies first. Especially now that fios upgraded my internet to 50Mbps!

[Dj Buttchug]

im more interested in weapons and fake ids for underage utah beez

lol

im going to really start experimenting with this. Ive already used onion routing. I have yet to actually exchange bitcons and buy something

[gkurey]

I'm still struggling on the bitcoin thing...if there is no monetary backing to bitcoins (aside from the fact noobs buy them on ebay) and apparently people can just 'generate' them (am I understanding that Rsully is just generating them with some sort of program/script?) how does this currency really stand up? How is 10,000 bitcoins as payment for some unsavory act a valid reward?

I mean...if you can just essentially generate more currency at any given time...Am I missing something here? I know this isn't a typical economic setting, but some basic economics still apply. A currency of which there is unlimited quantity will ultimately have no value.

[Massimo]

Update: I've made $4 in about an hour.

What dose mining involve and why dose it use the GPU?

[Rsully70sev]

80% of BTC trading is "allegedly" done through https://mtgox.com/. They're a service that charges a high percent exchange rate for both the buyer and seller. Even if it's not 80% it's a large chunk of the market. Market prices fluctuate daily with a high of $9.50 and a low of $8.00, people are able to turn these bitcoins into real cash, or real cash into bitcoins.

There are other services too that will exchange your bitcoins into just standard visa gift cards (according to the daily value [like the stock market]) and they pay you accordingly. That's what I plan on doing or else ebay.

It's peer to peer owned. That's why I keep throwing out imaginary, because it's not real. They only hold a value to what we put them to, hence the invisible hand of the economy. In 2011 they were up to a high of $28.77 PER bitcoin. on Mt.Gox, now they're between 8-9.50, so it's also an investment. Now a year later they plummeted 75% and I BET you it's back on the rise.

[Rsully70sev]

Back to the economy. Sure people can buy bitcoins on Mt.Gox because they want to buy something at that specific time. Not sit and farm for a month {if they know how} but it's also much more of a hassle using online traders. It's a hassle using Mt.Gox because they don't accept credit cards, PP, normal shit like that. You need to go out of your way to Liberty Reserve, bank deposits, etc. It's a hassle, so that's why people buy them for a convenient (more expensive) price.

[tg318is]

[gkurey]

Back to the economy. Sure people can buy bitcoins on Mt.Gox because they want to buy something at that specific time. Not sit and farm for a month {if they know how} but it's also much more of a hassle using online traders. It's a hassle using Mt.Gox because they don't accept credit cards, PP, normal shit like that. You need to go out of your way to Liberty Reserve, bank deposits, etc. It's a hassle, so that's why people buy them for a convenient (more expensive) price.

That's really interesting...had no idea. So how do you generate them? You seemed to use the term 'farming'...is that the same as mining? Can you elaborate on how you create bitcoins? I'm just curious...not going to go try this out or anything.

[Rsully70sev]

It's complicated. You use an application like GUIMiner to create a mining account. Then you jump in a pool of other people mining, create an account with them (I'm on BitClockers) and you team up to solve these "puzzles" or blocks as they call them. It's not a game, you don't mine rocks, you let your PC'd power do the work for you. It solves these things and finds you "shares" the more shares you have, the more BTC's you get since you're putting in work.

[Dozyproductions]

lol too true.

[gkurey]

It's complicated. You use an application like GUIMiner to create a mining account. Then you jump in a pool of other people mining, create an account with them (I'm on BitClockers) and you team up to solve these "puzzles" or blocks as they call them. It's not a game, you don't mine rocks, you let your PC'd power do the work for you. It solves these things and finds you "shares" the more shares you have, the more BTC's you get since you're putting in work.

So the bitcoins you are mining are actually known to exist and are planted by someone else? If this is the case...then there are a finite number of bitcoins?