4 Episodes and counting - Win Prizes!

We've had 4 episodes so far on New World Order Chat Radio. We've covered a range of topics that are collapse news related, and our primary disaster preparedness topics. Food and Water, and this weekend hopefully shelter. We're trying to line up  a special guest for this weekends show.

Unfortunately the last few episodes  have been kind of sketchy as to if I was going to have them or not. My co-host has had some internet issues and isn't able to get on to do the shows. So I'm the sole person and may have to figure out who will be the co-host or go it alone. With a co-host I think I do best, alone might be kind of scary.

If there are any specific topics you would like for us to touch on please let us know.

Our primary topics we have lined up so far.

• Water
• Food
• Shelter
• Security
• Communication

And whatever else branches off that.

We're also having a Name the show contest. You've got until Sunday 1/28/2012 to enter. Then we will post the submissions we have received and let you the listeners vote on them. We're giving away a medkit. To enter click Enter to Win on our website

Thanks for listening.

Something a bit different...

I'm the moderator of and Internet Relay Chat (IRC) chat channel called #new_world_order on EFNet. It's been around in some form for close to 10 years and I've been in it since then. I used to be heavily into IRC many years ago but have taken to just hanging out only in a few small channels. I'm also in #bitcoin on EFNet however discussion has died down there lately.

However, that's not really the point of this post. The point is that out of this chat channel (#new_world_order) we have man different people, with different unique skills. Many of them run related websites that have been rather useful and become rather popular. Whilst I've got a website for the chat channel, I decided to take a different turn.

I've wanted to for some time start a radio show but never really figured out what I could talk about. I didn't really think that I could do the show any better than anyone else. However of the past few months things seem to escalate in society to the point that many of us in the channel talk about "prepping". With that in mind I started a small radio show/podcast and last week was the first pilot episode.

If you would like some more information about it you can visit the website and download the radio show to listen to. If you enjoy it please let me know, and give us some feedback.

We hope to discuss a large number of topics that relate to disaster preparedness and right now scheduled to only do 10 episodes. I wanted to keep the goal small so it was achievable, however after doing my first show I'm actually very excited about continuing.

http://www.nwochat.info - The website for the chat channel.

http://www.nwochat.info/radio.html - Page for the radio show.

Time for an update - Youtube Videos

It has been a while since I posted anything recently and this will be a short one for my youtube followers, and bitcoin enthusiasts. I've been working on upgrading my PC and things so I've been down for a bit. I'm getting messages on youtube from people excitedly requesting that I do another video.

I would like to do an update but things have been rather hectic the last few months or so and I hope to be able to get another one going here soon. However I'm not sure what topic to focus on.

If you are interested in me doing another video please comment below with what topics you would like to see.

Bitcoin Mining at an end.

Well I don't know if you're still mining but if you haven't been it isn't time to start. It is no longer profitable to continue to mine bitcoins. The difficulty has climbed too high to even begin to make a decient profit on it with the price of BTC hovering around about $13 - $14.

The good thing is that the price seems to have stablized and in my opinion this will allow more business to jump in to this area. Nothing like having a volitile market when trying to sell goods. If you price it at say 5 BTC and you're expecting to get $13 USD per BTC that's about $70. If it is volitile then it means that your 5 BTC could become only $50 if the market is at $10. Then if you don't spend it or convert, you risk losing all of it.

I don't know how wide spread adoption will be until they come out with a good point of sale option. Also distributors/manufacturers of goods would need to start taking bitcoins. So if I run a bitcoin shop I can buy with bitcoin my goods and then sell them for bitcoin.

Anyway that's my update for now it has been a while since I've posted and right now I've also stopped mining mostly. I may mine again to get my Bitcoins up to a nice round number but that only brings in about .3 BTC a day if that.

Mining becoming impractical?

So I finally did my calculations this morning and this is what is currently projected when difficulty increases on the 6th

	Coins	Dollars
per Day	฿0.38	$5.76
per Week	฿2.69	$40.33
per Month	฿11.68	$175.15

Difficulty should increase to about 1571212.0. So it is possible that my mining days are not yet over... However I do feel that it is no longer profitable to mine bitcoins in any fashion now if you are new to the game. My goal has been to get about 10 bitcoins then stop. I will most likely end up mining namecoins a lot more now though.

I keep wanting to come up with some type of side business dealing in bitcoin but I just can't think of anything good, or that someone hasn't already done yet, or that will take a lot of programming time. Programming time isn't an issue for me though its more for the fact that when I have an idea and finally get it working I find someone else has already written it up.

However, I do have a small project that I'm working on and would be interested in some feedback and perhaps a few testers. So if you're interested please post in the comments below and I will try to contact you.

Back from a break...

I took a small 4 day vacation or long weekend this weekend. I had a really good time, especially seeing the wolf sanctuary where I learned quite a few interesting things about wolfs I hadn't known before and how they differ from dogs.

As for bitcoin whilst I was away difficulty increased. So instead of making about half a coin a day it looks like I'm down to making only .2 coins a day. I'll be doing some calculations this afternoon to see if it is worth it to keep going. I was hoping to make it about 10 coins and then stop but it would take me forever to get to that point the way difficulty increases. Also it looks like MtGox is back up and the market has stabilized again and hasn't really collapsed which is usually what you would expect to happen.

Also discovered whilst away that they're shutting down Star Wars Galaxies. I know a lot of people are upset over this. My wife has been playing and running my guild Future Droids and Weapons Systems www.futuredroids.com whilst I've been playing other games. I've not played Star Wars Galaxies in months. I was hoping that eventually I'd want to go back to it after a longer break but now I don't have that chance. It shuts down in December 15th. They chose not to renew the license fees. Which can only mean one of two things, not enough people play Star Wars Galaxies for Sony Online Entertainment to care, or the cost of the license was too high. I suspect a combination of both. Since it was Smedly (the retard that implemented the NGE) that decided this was the best course of action. I'm torn cause I figured I'd have more time to do some of the things I never got to do in the game. Most of the quests I never completed, I've had an idea for a few videos to do that will probably become my sole focus now. That's my goal to complete at least two videos. One chronicling FDWS' history in Star Wars Galaxies as a final tribute video, then finally a music video I've had an idea for and worked on a little bit but never finished. As far as the whole situation the other part of me is kind of happy, because it means my wife can spend more time with me instead. :)

Anyways I'm off update later...

It's all come to a crashing halt...

...well almost litterally. The BTC market suffered its first flash crash. Over the weekend the largest exchange Mt.Gox was hacked, and some how someone was able to execute a large sell order making the coin go from about ~$17/btc to $.01/btc. Right now a lot of rumours over Mt.Gox were they hacked, were they not hacked, who sold what, and does Mt.Gox actually control the BTC it claims to have on the market?

No idea, but after my few weeks experimenting with this and having this major hack happen who knows where the currency will go. I think this will pull a lot of people out of the market. I'm thinking about hitting 10btc in my mining and then stopping. I would love to do a btc business, but don't have the money to make money if you know what I mean. Also, I know that if I made a site with my poor coding skills it most likely would get ownd, and with instability such as this then we have larger issues.

The biggest issue for me with Bitcoin itself is that its idea started off as a grand alternative currency to buy and sell items over the internet. However, they really didn't provide any types of merchant services, api's or whatever for merchants to really adopt it as a means of payment. Of course exchanges are a large factor in this, but unfortunately it seems like other than a intermediary currrency for exchange it doesn't seem to be taking off in the buying selling arena. Heck even if you are a merchant, most have to update their prices at the given market rate from the exchange. In a proper economy it would be the other way around, but we have little to no places to purchase items with btc.

So I've taken the "bitcoin" out of my blog title simply because I hope to be able to post about other things besides bitcoin like I used to on my older site. Thinking about the whole flash crash one guy was able to buy up almost half of the 500K coins that were sold, for .00101 $ or basically he got just over 250K BTC for about $3000. He's getting accused of being in league with the hacker but has come forward to explain the situation. He was able to transfer out about 650 btc, as mtgox has a daily limit of no more than $1000 worth of btc. So basically when the market rebounded he got almost $10,000 worth of btc. I wish I'd been that fortunate would pay off my climbing credit card debt :P hah. Anyway my next update might be next week.