that's quite alot for a Mustang GT that's got nearly 90,000 miles on it, and likely hasn't had the 90,000 mile service performed. ~$21,600 for a car that's 7 years old and likely already lived half of it's mileage already when a new one can be purchased for around $30k? most I can see anybody paying is around 12 BTC for this, and even that's stretching it.
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Tom of btcfpga.com comes to mind when I think of scammer. There were originally going to be 3 producers of ASICs... the butterfly labs, tom's bASICs, and the avalons. I would love to know where this guy lives.
Tom stalled and stalled, showed us crappy photoshop "blueprints" which were supposed to be engineering layouts for the ASICs. anyway, out of the 3 original ASIC producer's, Tom's never existed, or even came close to existing. Many people lost hundreds of BTC.
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At this stage it would be wiser to determine a name for 0.0001BTC; which would be about 12 US cents at current 'gox price. If BTC reaches $10,000/BTC, then 0.0001 = $1
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It's not time to use it yet. Bitcoin needs to be stable over $1000 for a considerable length of time to justify the use of mBTC. Yes, it's reached $1000/BTC, but it isn't guarenteed. $1000 is the threshold, I agree on that much, since $1000/BTC = $1/mBTC. But stability is important before making the transition.
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I bought $100 worth of pre-1982 copper pennies from a random bitcointalk forum user, the name of whom I forget. I thought society might collapse and 10,000 copper pennies might be the start of a small eco-village economy; loldoomporn. This was $12/BTC times.
I bought a $60 double chambered bubbler glass piece from dankglass on these forums. Nice piece for $60. This was also $12/BTC times.
I bought a 1oz Gold Coin(2011 Canadian Maple Leaf). Got an amazing deal on this at the time; BTC was yet again $12/BTC and I paid 25BTC for the gold coin. Gold was $1700 spot back then. My friend didn't understand mining and didn't want to mine, but wanted BTC. He is very glad he made that deal now.
I bought a $60ish gift-pak of Bees Brothers honey-caramels as a birthday present for my mom. This was also around $12/BTC times.
I bought an Acer laptop Core i3 2.2ghz/4GB/500GB from bitcoinstore.com a couple weeks ago as a Christmas present for my mom to replace a decade old single core celeron lappy. This was $500/BTC times.
I got conned by some dick named Tom (the btcfpga.com guy) around this time last year who was supposed to send me 180GH/s worth of ASICs that never ended up existing. This cost me 225ish BTC ($2900 ASIC order, paid with BTC, when BTC was $12/BTC).
I cashed out at an exchange for the first time yesterday, after over 3 years of mining. I withdrew ~$30,000 USD so I can move out of my parents basement this coming spring and put a down payment on a condo somewhere in Colorado where I can't get arrested for smoking weed(currently on probation for distribution).
I have exactly 150 BTC left in cold storage, backed up in 4 different locations. I stopped mining a few months ago. The equipment that I wanted and paid for never existed (see 2 paragraphs ago). The coins I have left will not get touched for a long, long time.
Lesson? Love your mom, and don't trust assholes named Tom.
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For sale is a first-generation 100BTC Casascius Gold Plated Savings Bar, which has been used and no longer contains BTC. Excellent condition, great collector's item. I'd like to do this auction style. The reserve is 0.1BTC, and that's where the bidding starts. Buyer pays shipping. Payment in BTC only. Escrow is acceptable.
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I got burned for about 250 BTC by btcfpga/tom for some ASIC hardware that never existed. that was my miner investment, and was about 2/3rd of all BTC i had ever mined using gpu's. i've been out of the mining game ever since. i sold about 30 btc for fiat a few days ago so i can move to a 420 friendly state once i'm off probation, and the remaining 100 are stored in an offline cold storage medium, and i won't touch it for probably 10+ years.
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when all 21m coins have been mined, transaction fees will supposedly be valuable enough to continue the act of mining and adding compute power to the network. transaction fees are desirable.
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several assassinations have already occured using bitcoin as a method for payment. DPR of silk road was caught ordering hits on people, afterall
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503 ilvl is "super decked"? lol you're funny could get that in like 2-3 weeks with a fresh account
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Rules of Gambling:
1) Only bet what what you can afford to lose 2) Placing larger, less frequent bets where the odds are in your favor, is almost always better than placing smaller, very frequent bets that you're likely to never win. Satoshi Dice's 73.5% win chance, 1.335x payout is a good example. 3) The only way to win at gambling, and truely "beat the house", is to quit while you're ahead. Eventually, the house edge will beat you.
I'm up about 21 BTC on satoshi dice, and will never go back.
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I'm on probation for distribution in one of the 29 shitty states ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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I have a few items for sale, but the GPUs are the main ones.
Gigabyte Model Radeon 6950 2GB with Shader Unlock, OEM design with the fan at the end towards the power connectors instead of in the middle. Bought 4 of these June 2011, all work perfectly and have never exceeded 70 degrees operating temperature. No funky noises from fan or anything. Have 3 for sale, keeping 1 as primary display driver for main PC. Hashes at 350MH/s at stock clock speeds. Comes with original box. $120/BTC equivalent each, free shipping anywhere in continental USA. Still in stock: 3
Rosewill Fortress series 80+ Platinum Certified 550 watt Power Supply, I have 2 of these. Never been used, still sealed boxes from factory. They were going to provide power to some ASIC chips that I never received. Got scammed pretty hard on the ASICs. These are highly rated PSUs and have strong 47 amp 12V single rail design. Brand new, still sealed with unbroken factory plastic. $80/BTC equivalent each, free shipping anywhere in continental USA. Still in stock: 2
XBox 360, first generation, 20GB model, only have 1 of these, works perfectly fine, no RROD issues with it. Hasn't been used much in the 5 years I've had it, mainly used it as a Windows Media Center extender to watch .avi/.mp4 files on bigscreen. Comes with power brick/supply and 2 wireless controllers, 1 rechargeable and 1 battery operated. $50/BTC equivalent, free shipping anywhere in continental USA. Still in stock: 1
Might discount slightly if same buyer takes a GPU and Power Supply in same purchase; they would work together quite nicely and would be a great start to building a budget gaming PC.
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In 2020, anybody holding 10BTC will be a USD millionaire. However, it will cost you $500 to buy a loaf of bread.
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People are forgetting "Tom" from bitcoinasic.net. Took thousands of preorders for ASIC devices that never ended up existing. I personally lost 220ish BTC to him.
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As much as I hate banks, I've had good experiences dealing with Wells Fargo doing BTC related transactions. Zero issues after 2+ years of transactions.
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BTC rising is more likely due to the august 26th BFL announcement of the 600gh/s mining card; which does not accept CC/PP as payment, as per usual during phase1 of their products
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I've been having this same problem. I switched from a 6950 to a 7950 and got all kinds of errors trying to use 11.1. I updated to 13.4. Errors. Used driver sweeper, tried 12.8 and 13.1, neither worked. Then I resorted to formatting my boot drive and installing fresh 13.1 drivers. "Verification failed, check hardware" as soon as it tries to produce a share. Card works fine for everything else, done other openCL stuff with it, threw some game benchmarks at it, everything seems fine... i am sadface ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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I was wondering what people considered to be the best catalyst version to run for mining bitcoin? I don't pay for electricity, so gpu mining is still viable for me. I intend to format my SSD later this evening, and would like to get the best catalyst version for bitcoin mining right from the start, so I was wondering which it is?...
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