Why thank you, I partially read each of those so far and they seem to contain some very helpful information. I have to go out now, but will definitely continue reading this weekend.
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I was in this for a few months earlier but gave up. Nothing to do with the service, it was fine. Just too much work and time to eke out a profit. It isnīt enough to earn payouts you also need to preserve the capital. The obvious approach was to sell tops and buy more hash lower. But that meant some idle cash that didnīt mine while waiting for a buying opportunity. It was a speculation. This was before S7, maybe things are different now. Anyway, eventually I got tired of this and got out with a modest profit.
These days it is even worse. While the hash has lost over 40- 80% of their value it makes no sense buying it. Also giving a max withdrawal amount of 10 BTC is just wrong. It is the reason why we want to leave the banks. Putting limits on your own capital. With 2FA (half of the times it don't work on their site or even withdrawals), it should be safe to withdraw all of your btc. Your operating on the assumption that you send your money there and it just sits in an account waiting for you to withdraw it. That is not how it works. Bitmain invests into miners and equipment, which is used to generate a profit and pay interest/cover expenses. The limit is to protect everyone from a big player withdrawing all available funds. Then you wouldn't be able to withdraw anything, since funds would be wiped out. It is a good way to limit withdraws and allow everyone to withdraw a fairly large sum of money when they want. If you want access to your funds at all times, keep them in a wallet on your computer.
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There is very little information about ATM's available. I have been trying to reach out and compile information to get a business plan together to open 3 test units in the Kansas City area and grow from there, but people aren't very willing to open up about sales and profit information, which makes it very hard to put any kind of reliable forecasts together.
I would love to open up some ATM's, my main challenge is finding a place, and now that I have a potential place, getting reliable and accurate estimates.
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Got a reply back from Coinbase. They are currently investigating an issue that has caused many credit cards to become unverified and is not allowing new credit cards to be verified. Sounds like something with their system that is causing issues. Hopefully they will get it fixed soon as I rely quite heavily on being able to buy instantly.
Thanks to those that responded with helpful information. It doesn't sound like a VISA thing, it was just curious to me that two cards with the only parallel factors being that they were VISA were having the same problems at Coinbase.
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How about this, you tell me what to invest in and I will put my 50 btc there and give you a finders fee. That way I don't lose my money on this scam.
If you can take 18,000 and in 1 month turn it into over 21,600 (over that because you wouldn't do it for no profit), you wouldn't need to borrow any money from anyone ever again. You would have the worlds supply of money fairly quickly at that rate.
Go scam elsewhere you scum. We don't need scammers here who are trying to steal peoples money, no matter how stupid of an attempt they try to make.
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Not going to lie, when the announcement was first made it sounded like the reasoning behind this was to reduce server load. This just seems like it would do nothing but increase server load and confusion. You are going to have people out da butt who won't understand the concept or reasoning and be asking questions continuously.
It also means it would take a really long time to be able to fully cash out, as your interest will be earning interest that won't be able to be cashed out for another month. Figuring this seems like such a headache just thinking about it.
So if I am reading it right, the interest on the 30th day of the month will be able to be withdrawn the following day? Or will every time interest is accrued have to wait a month before it can be withdrawn?
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Contact Coinbase and ask?
Working on it, in the meantime checking to see if others are having this problem because it seems to be credit card related, not account related.
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I just got an email saying that Coinbase could not authorize the credit card that I had on file and that my instant buy was disabled. I tried adding the card again and was told the card issuer declined the charge and then tried a different credit card through my bank that is also a VISA and got the same thing?
Anyone know what is going on? Did VISA declare war on bitcoin?
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I guess you cannot buy BTC at 1:1? The fee for sending $900 is $9.50, which is just over a 1% fee. I was just looking for something to supplement coinbase.
Walmart 2 Walmart is just like Western Union and MoneyGram, except its cheaper.
you wont find anyone who will sell btc at 1:1 what would be in it for them? Exchanging the BTC for useable cash? I get it for reversible payment methods, like paypal, as there is risk, but I never really understood the premium.. It doesn't make sense if you can freely move bitcoin into and out of USD, but not everyone can do that, or want to give their docs to a company to be able to do that and are willing to pay a premium to not have to.
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Does that mean you will be unable to withdraw interest earned for a month until a month has passed? Not sure if I understand that right.
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I can do this for a 6% over spot rate, you may have to walk me through how to do it, but from what I understand its just like Western Union.
I can do this regularly as needed and in just about all cases can pick up daily, and usually within a few hours of notification. Willing to use escrow or you can go first to save on fees.
Let me know if your interested.
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If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more. so what you are saying,based on your initial answer,is that when i am buying ghs from their market tab,i am buying the ghs from bitmain directly and not from a client who is selling ghs? You are buying GH/s from another user who had bought it from Hashnest at some point. Hashnest runs the units and makes the payments everytime a block is found. When the units are no longer profitable to run, Hashnest will ship you a unit (if you have enough GH/s to constitute a full unit) for a fee.
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If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more.
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Why not incorporate trust ratings into the trust ranking system? If you get a certain number of positive trust posts or points, then you can get opened up to different forum ranks. Perhaps put this in conjecture with time on forum or post count and you can start having different ranks based on contribution to the community.
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If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking.
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If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee.
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why? because he want to attract more players to his site,there are many reasons why owner of dice would lie. regards. -Katerniko1
Quite a good though, but I have myself played at bitdice.me and I don't think he would do that. Owner by the way did you checked whether his bets are normal or some kind of hack, because I dont really think anyone would risk 126 BTC just like that ! You can think that all you want, many people thought Pirateat40 wouldn't do that, or TF, or BFL, or [Insert other scam here]. Not saying its not true, but proof of payout is definitely needed before conclusions can be drawn.
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...AND significant probability of NOT getting all of your investment back.
Why did you said that ? My paidback with Pacmic V2 is OK. My paidback with Pacmic V3 is OK. Why the paidback will be not OK with Pacmic V4 ? Don't worry about it, he doesn't know what he's talking about or is just upset and spouting nonsense. These will probably still return your investment, it may just take a little longer than the others.
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To me hashnest has become like other services. Just being greedy and wants every penny of their customers.
They have proven this by the block scam they did some weeks ago.
Care to explain the bolded part? You can't just spout nonsense and not back it up, that's what makes you a troll.
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