There's a 45 day limit on opening PayPal disputes. Why do you think BFLs pre-order contract terms are 60 days and all sales are final. By asking for a refund through PayPal you're in breach of contract.
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I'm sorry BTC guys, but the way the ASIC market is going you're going to lose the GPU miners to LTC, there is no point fighting it.
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It's worth the equipment cost and electricity it costs to mine it.
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I would have refunded his paypal as soon as seeing his address with note saying "delivery only to the United Kingdom". Ebay are nuts and a law unto themselves. I've been banned twice, once for selling too much (I listed lots of stuff on a free listing day before they had the 100 item limit in place), and once for leaving too much negative feedback (I've never left anything but honest feedback and not excessive at all). You could also try quoting eBay it's own rules! "What’s not eligible? Buyer Protection does not cover certain kinds of purchases. These include: digital goods (intangible items)" https://www.paypal.com/uk/webapps/mpp/paypal-safety-and-security
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Lol your trolling right?
If someone takes half, even a quarter, of the twenty one million coins that can ever exist then the price of btc will go up exponentially. Stuff is only worth the amount of money units chasing it. Double the money units, stuff costs double, half the money units, stuff costs half.
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Some basement dweller gets rammed by the pizza guys truck and all of a sudden there is a million $ worth of coins just lost to the interwebs. Have that happen enough and there goes your bitcoin cap of 21mil coins. Can't make anymore, and if that doesn't get fixed prices will skyrocket once enough have been taken out of circulation.
Does anyone else see a problem here?
No problem. I have 1 bitcoin You have 1 bitcoin There is an item worth 1 bitcoin in the 2 bitcoin economy. You die and take your bitcoin with you to bitcoin heaven. Now it's a 1 bitcoin economy The item worth half the bitcoin cap now costs 0.5 bitcoins.
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Firewall all network ports except port 8333 These indicated steps are unnecessary and can increase your risk if you are not planning on spending the bitcoins any time soon. Bullshit, the official client has a redundent IRC network built in. They say it's a backup network in-case the state ever attacks 8333. Never leave IRC ports open, EVER, it's the most common method for remote controlling a computer.
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Install fresh copy of Ubuntu (or other Linux) not Windows Firewall all network ports except port 8333 Install Bitcoin client Create wallet Encrypt wallet Backup wallet.dat to you memory stick You will be exposed to the internet to sync the blockchain Do not use the computer for anything else, NEVER MINE on the same computer as your wallet.
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GPUs are on their way out, unless you want to game or mine LiteCoin in the near future, don't spend too much on a GPU system.
For a cheap investment I recommend Ati 5830s they only cost £60/$90 and can hash 260-300MH/s 0.8-1BTC depending on setup/difficulty.
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Once you sell it for fiat, it becomes income.
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Lost because they deleted their wallet.dat file somehow
keep a backup
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Then i switched to GPU but it says : ATI ADL's API is missing. That probably means you need to install the AMD OpenCL and ADL drivers into windows.
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They mine silver for $5-$7 an ounce, it's was pumped and dumped just like Bitcoin is now, by the same people! Always find the production cost and don't pay much more than that.
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I'm in the probably camp, if you look at their Eclipse MC pool you see 1000MH/s spikes around the time they were putting in the new chips in the test unit.
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Around 0.22~0.28 BTC per day, per card 6.6 BTC pm on one 7970? I doubt it. More like 0.06 BTC per day, per card. Did you not measure it since reward halving and difficulty went up?
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Just read MtGox has 5500 new accounts waiting to be verified.
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Litecoin = Bitcoins distributed fairly.
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Buy $4m in Avalon ASICs and have them delivered to Malaysia, mine back the Bitcoins, or sell shares in your Bitcoin farm. If anyone asks what you're doing, you're creating a Bitcoin hedge fund.
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