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1481  Bitcoin / Mining speculation / Re: Not worth mining any longer for anyone not already in. Am I wrong? on: August 04, 2013, 09:30:48 AM
As for myself, in the BTC world I have a # of bets.

1 that went badly & is most likely gone to ASX project: 50GH/s
1 to BFL (2 Jallys): 10GH/s
1 to Bitfury or KnC: 50 or 100GH/s
Total planned: 110-160GH/s, on hand: none

Got enough funds I can afford the 50GH/s BF or a 100GH/s KnC. Bitfury will most likely make early Oct. & it's upgradeable to 400GH/s which helps for planning against obsolescence but KnC gets you 50GH/s more for only $200 more *if* they can meet their schedule. Dilemma, dilemma.

BTW, flipped a Jally I got for cheap & I nearly made ROI on the pre-orders I've made even including the ASX Project noobtastic brain fart!  Grin

I'm long on BTC. Also own 1.01 AM shares because I like the dividends aspect and that they re-invest 25% to new TH.
1482  Bitcoin / Mining speculation / Re: Not worth mining any longer for anyone not already in. Am I wrong? on: August 04, 2013, 09:03:16 AM
Something to consider about BTC earned via dividends or mined versus earning an income that's immediately taxed.

- Let's say you spent $100 on the latest e-doodad at the Nile e-superstore. To have spent that $100, unless you're Mitt Romney or in his type of position, you're getting taxed at anywhere from 25-40% if you're like most people. So to have purchased that $100 worth of electronics you had to have labored to earn $125-140 depending on your tax situation.

- Now say you mined a Bitcoin or got paid in BTC dividends. Who knows how long it took but you have a Bitcoin. If you were to purchase something with that coin, currently valued at about a $100, you've essentially purchased something that would have really cost you $125-140 pre-tax.

Of course, purchasing something with that coin has an intrinsic opportunity cost that offsets the tax advantages: you've decided that whatever you've decided to purchase with that BTC at that moment is worth more than that particular BTC's future value - regardless of one's position on the viability of the longevity of cryptocurrencies like Bitcoin.
1483  Economy / Computer hardware / Re: WTS: on: August 03, 2013, 10:25:35 PM
Oh because he wants to sell it to you. Without escrow.  Roll Eyes
1484  Bitcoin / Hardware / Re: www.bitcoinza.com - BitFury Asic Units! on: August 03, 2013, 06:38:17 PM
Understood. Thanks for the quick reply! Timing works out better for me whatever I decide.

What is very helpful in your case is that Bitfury doesn't have to rely on anyone else for chips.
1485  Economy / Computer hardware / Re: WTS: Butterfly Labs BFL 5 GHash ASIC Bitcoin miner - Tested and working at 5GH/s on: August 03, 2013, 11:05:15 AM
Guys I paid for this on Coingig via escrow. It was all paid & he would have just had to wait 4-5 days for his payment. I even told him he could contact the admins to vouch for me as I had dealt with them amicably in the past. He tried to get me to pay him directly instead of CG's wallet address. Twice.

Even though it was marked as paid he backed out! He would've had his money Monday or Tuesday. He tried to sell it on BTC Classifieds & I dogged him there too! STAY AWAY. The odds are like 99.9% it's a scam. Tongue
1486  Bitcoin / Hardware / Re: www.bitcoinza.com - BitFury Asic Units! on: August 03, 2013, 09:26:19 AM
Hi leadnor,

I know us miners are an impatient bunch but: any update on the Oct./Nov. delivery estimate?

Your guys pricing is excellent but the network difficult difference between the beginning of October & November could be anywhere from 100-300% for all we know with all the new ASIC miners coming online. I'm trying to make up my mind on where to order my next rig & my funds become available right around the time your store opens for orders. Thanks!
1487  Bitcoin / Group buys / Re: ASICMiner USB group buy REOPENED! (previous customers only!) .175 per unit! on: August 03, 2013, 05:40:28 AM
I'll buy up to 20 @ 0.25 BTC from anyone that already has a confirmed order and wants to resell a noob a unit or few and make a quick profit. I can pay in BTC immediately.

If interested please PM me the purchase details (pref. a public link or screencap of your order) and the quantity you're willing to sell me. After feeling like I've been scammed by both ASX Project *&* BFL I'd like to get my hands on some actual instead of promised hardware. Mahalo!

P.S. I go by the same user name on Reddit where I've been defending BTC vs. the dummies:

http://www.reddit.com/r/worldnews/comments/1jcdjl/thailand_has_become_the_first_country_to_ban/cbdlnsz
1488  Other / Beginners & Help / Re: Yet another noob.... on: August 03, 2013, 05:22:30 AM
Wow, I wish they'd let us out of noob jail quicker than this!  Tongue
1489  Other / Beginners & Help / Re: Yet another noob.... on: August 03, 2013, 05:03:03 AM
Us noobs gotta stick together.  Grin
1490  Other / Beginners & Help / Re: Hoping to great approved! on: August 01, 2013, 07:11:30 AM
Weeks? I thought you could get a money order sent? Would that be faster?
1491  Other / Beginners & Help / Re: Free bitcoin for first 100 posts on: August 01, 2013, 07:02:56 AM
Am I too late?  Huh  Grin

Do I get overtime? Got scammed from someone trying to sell me cheap BTC via PP. Scam is to "gift" it to him. You can't dispute PP gifts. Since PP treats accounts like seller accts. I'm currently disputing this as unauthorized.

Can a guy get any more noob?  Tongue

1C5R7t1XdVPxUBFUnBWJnRPx7ZMZBgnv7L
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