Gold isnt unlimited, its made in a supernova which is not present on earth.
I hear this (incorrect) statement all the time. Gold can be produced, and alchemy is real to an extent. There is a lab that uses nuclear power to create gold. The issue is that it currently costs $4,000 per gram to make and production capacity is extremely limited. While I don't expect energy prices to drop to the point where that is a viable source of gold anytime soon, rest assured that gold does have a top. Currently about $120,000 per oz. Fun fact:There are those that believe the Great Pyramid of Giza was actually a nuclear power plant used to produce gold and that the Ark of the Covenant was the radioactive generator. Additionally, this power plant is speculated to have provided wireless power to devices miles away (an idea later demonstrated by Nikola Tesla). Russia is even experimenting with this technology today. |
|
|
|
Bitcoin Magazine Complete Collection! All 22 Issues - Still sealed in plastic wrap! More information on this set can be found here: https://store.bitcoinmagazine.com/collections/bundlesStarting Bid: 0.5 BTCMinimum Bid Increase: 0.01 BTC Ends: Sunday, 5/8/16 at sundown in US. Current Retail Price: $999International (Non-US) buyers must pay an additional 0.1 BTC for shipping.
|
|
|
|
Looks to be Mitchell?  Winning hash: 000000000000000003d7ca618b5a579e92d48e3b22c4767b42fbea77bd254a3 cCongrats Mitchell! |
|
|
|
OK. We will use the hash from block 410431. Good luck! Sorry , but do you use the last 2 chars? Thanks!  Just the last character. The usernames are listed next to their winning character in the first post. NEXT BLOCK IS IT! GOOD LUCK! |
|
|
|
OK. We will use the hash from block 410431. Good luck! |
|
|
|
One theory that is being floated on Reddit runs like this:
Kleiman is Satoshi, and had the keys to the ~1 million bitcoins. He dies, and his USB stick/computer/whatever went to a relative, who doesn't realize what he is holding. Wright knew Kleiman and knew he was Satoshi. So he invents this crazy story about being Satoshi, but that he can't spend the coins because they are all in a trust that was held by Kleiman.
So now Wright comes public claiming to be Satoshi - and sets himself up to launch a lawsuit against Kleiman's relative to get "his" bitcoins back. If Wright pulls this off, he gains the fabled treasure of 1 million bitcoins off Kleiman's estate.
Thoughts pro and con?
I think this could be plausible if Kleiman is Satoshi. Perhaps Kleiman reached out to Wright knowing that Wright was rich and might have an interest in buying a large amount of BTC as well as the Satoshi identity. Possibly Kleiman was trying to cash out before he died and by saying the BTC was Wright's that would be repaid upon a later date, he was avoiding taxes and living the rest of his days in whatever regulatory nightmare would have come with claiming ownership himself. The 2020 date could even be accurate, as I could see Satoshi wanting to sell to a believer who would hold the BTC until it was stable and not to someone who would dump at a profit and kill the idea. Maybe Kleiman died before everything could be finalized, which would explain why he died poor. That would also explain how Wright became the only one who knew the identity of Satoshi, and why he is trying to set up a case to prove he is the owner of the BTC (which it appears he is not, but maybe would have been if Kleiman had more time). |
|
|
|
Firefox is now flagging the Nastyfans site:
"nastyfans.org uses an invalid security certificate. The certificate expired on Tuesday, May 3, 2016 4:47 PM."
Yes, most things NastyFans are basically not working currently. Luckily, this does not impact NastyMining operations. Please remain patient as nonnakip finds the time to resolve the outstanding issues. |
|
|
|
Also note Only limited number of bitcoins can be mined (21million approx.) Gold is un limited and better choice  There is no shortage of bitcoin as its just a number and infinitely divisible. Gold is not unlimited hence why it has held value for thousands of years. Gold was divisible last time I checked. Also, Bitcoin only has 21,000,000.00000000 units available. There is 24 grams of gold available for each person on the planet. There is 0.003 BTC available for each person on the planet. At current values, that is $1,000 worth of gold for each person on the planet, while there is only $1.33 worth of Bitcoin available for each person on the planet. If Bitcoin were as valuable as gold using these measures, a single Bitcoin would be worth $250,000. While I don't believe we will see Bitcoin reach that value, I do believe that for a majority of those 7 billion people, Bitcoin represents a much more useful commodity. As such, I expect those numbers to converge a bit over the coming years while both continuing to rise due to the further erosion of fiat currencies. |
|
|
|
any news on the progress generating the 1nastyau addresses?
Here is the current situation. I have generated 18 1nastyau addresses. Out of those 18, only 6 are the correct sequence. This has become incredibly time consuming, and I apologize. I am hoping to generate the 1nastyau1 address to be the first coin to be engraved. Once that is found, I can begin engraving and at least shipping orders as the addresses are found. It is crazy that this one combination is taking so long. It doesn't make much sense to me since I can bang out 1NastyFan addresses which have an additional character... I am currently generating these addresses at 85Mkey/s. I have considered purchasing another GPU to try and speed things along, but can only run so many without heat becoming an issue, especially this time of year. I may try upgrading one of my 7970's to a Fury-X in order to try and speed things along, but ultimately the only thing that will fix this problem is time... All I can ask is that people remain patient for the good of the overall product. If you are tired of waiting, let me know and I can see if someone is willing to purchase your spot, or if there is something else we can work out.
MAY 11th UPDATE: I have installed a R9 Nano that brings the total generation rate of these addresses to 125Mkey/s. I also now have 7 of the 25 needed sequential addresses. |
|
|
|
Any estimates on when distributions will begin again?
I am hoping this quarter. The only guidance we have received so far is to be patient. I am continuing operations as normal, and am still raising funds for my solar dream in the meantime. This week we will mint our 2oz .9999 gold coins, so we are progressing. I hope to announce our next silver coin in the coming weeks as well. TL;DR Many services on nastyfans.org not working correctly. I am alive. I will fix everything. No distributions will be lost. I ask for patience.
|
|
|
|
theymos hasnt touched much of this forum for a while, i think he totally forgot to alter pricing.
He just added the green color hover on internal links in the last 30 days! He definitely didn't forget to change pricing. That is ridiculous. |
|
|
|
Hi guys, i have bought several s7 in the last months, but im having problems with one of them
The miner sometimes try to powerup, it shows the green and orange led, and the red led behind the lan port, but then it stop flashing the lights, and sometimes just stop, doesnt do anything else. Sometimes it doesnt power up at all, or just powerup and stop flashing the lights
I dont know what to think, it was working fine, then this happened. (i had never tried to update it)
What can i do?
Greetings to all
Are you running the latest firmware? |
|
|
|
I want one of these gold coins where do i send the bitcoin?
The address in my signature. |
|
|
|
Giveitaway giveitaway giveitaway now... 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe  |
|
|
|
|
It is seriously 10 BTC and 50 BTC.
|
|
|
|
Hello OgNasty,
I have already PM'ed with you. I am able to give one bitcoin, I don't have more than that.
If you are going to accept also smaller investments, please tell me. It will attract more people that have a medium bitcoin holding.
You are able to buy seats on the open market at nastyfans.org at any time. That would allow you to purchase an ownership stake with as little as 0.02 BTC. |
|
|
|
This is not a traditional loan in the sense that payback will be done in the form of distributions from an ownership stake of the organization's revenue.
That is too bad, I was about to finally make use of a decent portion of the BTC that I have  Let me know if you decide to look for a more traditional loan, even if it were to be some kind of bridge financing so you can be sure that you can pay for your solar equipment while you are attempting to raise the additional capital via seat sales. Although I'd say that this type of investment is highly speculative, I would also say that if anyone can make this kind of investment work, it is OgNasty If we took a traditional BTC loan and the price of BTC were to skyrocket, we would not be able to pay back the remainder in a reasonable amount of time. On the other hand, if the BTC price were to crash, it would put us in the position of taking advantage of our lenders. I feel that by offering ownership as collateral and tying the payback to revenue, the "loan" cannot be defaulted on and it leaves the lenders in the position of deciding how to manage their stake. |
|
|
|
NastyMining is seeking to raise 32.5 BTC in order to build a solar array. This is not a loan in the sense that payback will be done in the form of distributions from an ownership stake of the organization's revenue. In exchange for your BTC, I am offering NastyFans seats. There is no required holding period, so you are free to place your seats for sale on the public auction to sell at a profitable price as you need funds, or hold onto them and continue to collect weekly BTC distributions from operations. The payback schedule and ROI amount will be in your hands. BTC revenue for payback is generated by both mining BTC and selling silver coins from our popular Minted Seats series. More information about NastyFans can be found in the link below: https://bitcointalk.org/index.php?topic=86854.0Please contact me via PM with any inquiries.
|
|
|
|
|
Show Posts
