Seven figures, seriously? You're talking about one bitcoin being worth $1,000,000, really? Not even if bitcoin takes over the entire world economy will it be worth that much, see Turr Demeester's talk on the potential value of one bitcoin. In case you don't want to watch the whole video, he crunches the numbers and calculates that each bitcoin will be worth $500,000 if it takes over the world economy. I would be seriously surprised if it does that within my lifetime, but that's likely the ceiling on the price. At least in nominal value, anyway. If it does this, but takes 50 - 100 years to do so, it may be worth that much, but not in today's dollars. Incorrect. Demester does not claim $500,000 "if it takes over the world economy," but if it becomes the world's reserve currency. Reserve currency is the fiat that countries keep in RESERVE, i.e. out of circulation. If you count all the fiat currency in circulation, inlcuding exotic derivative assets, the world economy is measured in the quadrillions. However, world gross product is only in the tens to low 100s of trillions. That, I believe, is the market that Bitcoin will take a huge bite of. If it becomes the world's currency of choice, say 90% of that market, a Bitcoin will buy what a few million 2013 dollars can buy. The exchange rate will be much higher, since it will reflect all those toxic assets as well. (I.e. fiat would hyperinflate.) I agree we're well on our way to world domination. Now if i could just get people to stop laughing and pointing fingers whenever i want to pay in bitcoins... move to the bay area - people seem to be gung ho for it here lol |
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Hello Guys, Here is my detailed data analysis as to why bitcoin WILL hit this price today: http://www.wired.com/wiredenterprise/2013/08/litecoin/ - LTC now gaining awareness which will push new mainstream entrants to learn of BTC as well. The recent legal ruling involving the guy who was running a ponzi scheme where the judge ruled 'bitcoin is a currency'. Bitcoin foundation is now working with Regulators. Political Turmoil in Syria is causing people to dump their money into a digital format that can be transferred across countries. USA TODAY, MARKET WATCH had prominent articles regarding bitcoin this week. Maximum PC released a 6 page magazine article related to our favorite Cryptocoin last week. Bitcoin Monetization for blogs has now been announced - http://techcrunch.com/2013/08/30/bitmonet-monetizes-your-blog-through-the-power-of-bitcoin/ |
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I will be repeating this post into A LOT of bfl threads now...If you are MAD at BFL, then "wreak havok on the lives of the persons mentioned"
I don't stand for nor support for "wreaking hovok on the lives of the persons mentioned". A mod should probably look over the above post and delete it at their discretion. hence i took your advice and left that on the google + thread....and will continue to post it wherever I can....these guys have had like 2+ years to FIX THEIR FUCKUPS. I didn't give two shits 3 weeks ago...but they just couldn't resist bringing out the 'next scheme' If these individuals get flooded with calls and hatemail and threatening letters and 4am phone calls getting cussed out...maybe they'll start to deliver their devices for a change....did you ever consider that? |
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the truth is if you will not make roi in next 2-3 months you are at loss.
so now you've changed your mind, haven't you? b/c a few post above, you stated: knc miners are not profitable. deal with it.
am I missing something obvious ? yes, you are missing that you could make roi with other hardware... AGAIN ....no proof....you're being a FUDspreader. |
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If someone can find all of Josh's personal information, including what property he owns, the next step is to Lien his personal property for theft and fraud. Anyone who has a claim against Josh, should step forward and seize his personal property. I think it might be time for people to take back what belongs to them. If I were dumb enough to be fucked over by Butterfly Labs, I would hire someone to track Josh home and find out where he lives, his car, his bank account etc., Then I would lien every personal item within 100 ft of him, including his wife's property, if he has one, and she has any. I would have his bank accounts seized by the Sheriffs, I would make sure to take every single item he owns.  Sorry to break it to you i didn't search to far to see if BFL truly has a incorporation but most likely they spent the little amount to for it: http://en.wikipedia.org/wiki/Incorporation_%28business%29Most likely legal action will be against the company (sadly its like a legal person). Granted it is possible legal action could touch personal property...... it will be a lot harder. Sad..... but they knew what they were doing when they made the company. Josh couldn't cover 4M dollars with his current city data property. A simple Google Search shows: 18400 Juniper Terrace Gardner, KS Show street view Owner: JOSHUA ZERLAN Property class: Residential Assessed land value: $4,327 Assessed building value: $13,199 Total assessed value for property: $17,526 Appraised land value: $37,630 Appraised building value: $114,770 Appraised total value: $152,400 Assessments for tax year: 2010 Read more: http://www.city-data.com/johnson-county-ks-properties/J/Juniper-Terrace-1.html#ixzz2dS0GL49BI found this from a different thread from february here: https://bitcointalk.org/index.php?topic=135979.5Josh R. Zerlan
18400 Juniper Ter., Gardner, KS 66030
Chris A. Vleisides
9817 Walnut St., Kansas City, MO 64114; (or)
2507 Jefferson St., Kansas City, MO 64108;
Chris T. Vleisides
9817 Walnut St., Kansas City, MO 64114; (or)
2507 Jefferson St., Kansas City, MO 64108;
Connie-Ann Vleisides
9817 Walnut St., Kansas City, MO 64114;
Gregory W. Vleisides, Esq.
Missouri Bar Number: 25557
Date Admitted: 5/5/1977
1801 NW Platte Rd., Suite
Kansas City, MO 64105
Jody - You're soooo much a dumb bitch (I obviously have a great disdain for you and you stupid comments - should've just shut the fuck up while you were ahead) - you haven't even updated your linked in profile http://www.linkedin.com/pub/jody-drake/13/556/4ba?trk=pub-pbmapJody Drake owner at Awakening World Art & Design Graphic design?  so you're probably the dumbass that designed their logo which is a total piece of shit. By the way world, blow her up, here's her phone number: 913-231-3176 And of course, I end this with yours truly: 10664. Shawnee Mission 9324 W 51st Street Merriam KS, 66203 Jody Drake That one was a tough one to find, probably out of date: http://www.locatefamily.com/Street-Lists/USA/KS/66203/index21.htmlI will be repeating this post into A LOT of bfl threads now...If you are MAD at BFL, then "wreak havok on the lives of the persons mentioned" |
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I've brought this up in other threads before but I belive that it will be an upward trend of bubbles and that bitcoin cannot see that price until like 100 years after its done being mined - like year 2240 when the availability of btc is extremely low. sure you could buy it up at like 100 today and sell it for 1000 in this lifetime but I can't believe it to get into berkshire hathway prices unless huge companies or conglomerates or hedge funds all get into bitcoin.
In my opinion a whole rap album colaboration by eminem and tech n9ne with backup features from Ludacris kendrick lamar and royce da 5'9 where they all need to come up with the coolest songs on why bitcoin 'takes over' wouldn't make bitcoin price jump to 10k a coin....if it did then the winklevoss twins wouldve paid for it to happen by now with their hundred thousand bitcoin havin asses.
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Have you considered trading coins at cryptsy.com where all the alt-coins are traded? +1 everyone get in now while things are low and you *could* gain like bitcoin holders gained back in March..if you were smart and sold out. Risk, yes, but definitely worth the great reward and remember its not a loss until you get rid of it. |
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Comment your crazy sub $100 / plus $200 figures.
Actually, maybe plus $200 isn't that crazy...is it? That's what the poll is for I guess!
Nice we're almost halfway there and I voted 130-140. Trade alts using Cryptsy. I'm going to hijack every post with that phrase. |
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You could have a local block explorer that you could make calls to with php... save to the db.. then use a websocket server to keep the website live.
That would be my approach.
nice website |
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if you NEED a vouch thread you fucked up somewhere and you are redeeming yourself....nuff said.
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Phishing site, obviously it has trojan virus.
those are two different things - yes its an infected client but not a phising site |
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put 2% of your net worth in bitcoin and you'll retire a millionaire.
[sarcasm]2 dollars does not equate to millionaire even 100 years later remember you don't gain interest like an annuity.[/sarcasm] thanks again this read has been great! |
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Dont lay all your eggs in one activity - mining is only one prong in what should be several:
Selling wares for btc
Trading actively on exchanges into alts and speculating on future value
Providing a service or completing projects for btc
and then - MINING..preferrably on alt-coins which have a much smaller difficulty.
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sure they're funny....bro you're hella bored get a life.
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Still killing me that you got dumb-shit fucks on this forum still putting up "will I make any money if I pre-order the BFL 5GH single today?" and you have others telling them "you'll get it in 2 month promise!"
personally - fuck gmaxwell and inaba they work together to hardcore deceive the thread forum with the BFL banner ads. The average person will say - well they are able to advertise here so of course they must be reputable. WRONG!!!!!
Yes Global Mods, I have a bone to pick with you - WHY DO YOU PERPETUATE THE FRAUD!!!!!
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Yeah, yeah - you're just terrified the hashrate will spike in two months when the BFL Dreamliners Monarchs are delivered.
lol you're right I'm shaking in my boots when those monarchs hit the streets an difficulty is already at like 6billion (ie 2015). We all know that if you 'gotta have' that hashrate you could easily pickup a babyjet or jupiter and see it in hand long before anyone else does. IDK about the sales of the hardware as we all know - the real miners will keep buying up more hardware to preserve the slice of pie they have in the face of an ever-increasing difficulty rate. ...didn't catch the sarcasm...that was great  I work in the lithium industry... |
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you all assume to break even with the miner based on the current BTC price.
But with the BTC difficulty sky rocketing the value of BTC will also (again) skyrocket, so you can make a big profit with these ASICs.
Who knows what the value of BTC will be in 1 or 2 years from now? 200$ ? 1000$ ? 2000$ ?
ermmm no to the 1000+ prices...too many will dump their coins around 500 bucks and the greed alone will make a new bubble crash it could happen but it would be a long term upward spiral trend filled with bubbles. (but hey...maybe I'm just being a FUD spreader that doesn't want people to buy into mining to postpone the diff. spikes right?) |
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I noticed that everywhere I look - all reputable bit-coin related publications and persons who quote BFL are STILL quoting from their website - It isn't 2 months you guys.
Thegenesis block - ITS NOT 2 MONTHS FROM NOW!
bitcoinx - ITS NOT 2 MONTHS FROM NOW!
Hero Members of Bitcointalk.org - ITS NOT 2 MONTHS FROM NOW!
Fuck it - I'm totally cool with FUD on the newbies all day...whatever it takes to get all the stupid ones to buy in on BFL so that their funds are locked in hardware that they won't get till the end of 2014 and the difficulty doesn't spike (only a sliver slower as everyone else is going to put hardware out there that will dwarve the network hashrate at an exponential rate no slowdown)
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Same Guys I did too. Dont Fall for the greed on this one here. Whoislookup is pasted...clearly shows the site was registered yesterday.
Access to .ORG WHOIS information is provided to assist persons in
determining the contents of a domain name registration record in the
Public Interest Registry registry database. The data in this record is provided by
Public Interest Registry for informational purposes only, and Public Interest Registry does
not
guarantee its accuracy. This service is intended only for query-based
access. You agree that you will use this data only for lawful purposes
and that, under no circumstances will you use this data to: (a) allow,
enable, or otherwise support the transmission by e-mail, telephone, or
facsimile of mass unsolicited, commercial advertising or solicitations
to entities other than the data recipient's own existing customers; or
(b) enable high volume, automated, electronic processes that send
queries or data to the systems of Registry Operator, a Registrar, or
Afilias except as reasonably necessary to register domain names or
modify existing registrations. All rights reserved. Public Interest Registry reserves
the right to modify these terms at any time. By submitting this query,
you agree to abide by this policy.
Domain ID:D169540408-LROR
Domain Name:NOVASCOIN.ORG
Created On:28-Aug-2013 23:38:45 UTC
Last Updated On:29-Aug-2013 17:55:53 UTC
Expiration Date:28-Aug-2014 23:38:45 UTC
Sponsoring Registrar:eNom, Inc. (R39-LROR) |
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Hello, I've just got into bitcoin mining and want to invest more into it. I was going to start on the butterfly labs jalapeno, but people on another forum have told me that it's not going to work out for me, something to do with difficultly. (Don't know much about it) Could somebody help me determine if I will be making profit or not. I've been looking at online bitcoin calculators, mining at 5000Mh/s should get me $13 a day, so in a month, I should have my money back. (Miner = around 250-300) So, what do you guys think? Do I need to look at upgrades or something? (tight budget :/) Also, I've heard of time kind of over clocking for the butterfly labs jalapeno, for like 8Gh/s
Thank you for ready!
honestly this is one of those things you need to spend time and effort figuring out yourself...would you take all your money to a drug dealer and say...which drug can I resell for the most profit? You really think he would tell you? I think he would sell you HIS most profitable drug instead. When they say 2-3 months out they are lying to you...its more like 9-15 months out. |
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