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161  Economy / Computer hardware / Re: BFL Monarch 600GH PreOrder Transfer. Jan 13 @ 3.75 BTC on: May 10, 2014, 01:38:29 AM
Basically someone would have to be confident that BTC is going to increase again in value.

Taking a big loss on the card with that amount currently, about $700 CDN. (When I ordered it in January it came to 2500 CDN after conversion).

Try to get your money back directly from them.  IANAL but it seems that they are REQUIRED by law to refund even if they are on the verge of shipping.  If they have not shipped they need to refund.  ENSURE your rights by sending them a certified letter requesting the refund NOW. 

162  Economy / Computer hardware / Re: Selling the Baby. 500gh BFL MiniRig in hand. on: May 10, 2014, 12:02:31 AM
ive had many offers but non are serious. Please offer up & PM me if youre serious.

Really?  You would not take $800 for 500gh of power hungry hashing?  Sounds like a fair offer to me.  They can buy new hardware for less.  Actually I have no idea why they offered that much. 


The $600 I offered I would not break even on before the equipment made negative returns at 10 cent power.  ANYTHING OVER $500 is SERIOUS. 

What are you expecting for this hardware that consumes more then 2000W for 500gh. 
163  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: May 09, 2014, 07:42:46 PM
I am gone, until NMC payments work again. But... have fun anyways...

why is this thread cluttered with NMC?  Its a crap $2...   if you think it is going back to $10 just buy a truckload of them now


It is about 2% of BTC income.  For some people that can be some real money but for most it is not. 
164  Economy / Computer hardware / Re: Selling the Baby. 500gh BFL MiniRig in hand. on: May 09, 2014, 05:32:23 PM
How about 800$ ?

Hmmm.  One can get 600gh of Antminers for that brand new that will use half the power.  Good luck!

165  Economy / Computer hardware / Re: Selling Block cube erupter 36Ghs-38Ghs.....or will trade for 2 Bitfury Reds on: May 09, 2014, 04:41:13 AM
Looking to sell it for BTC or willing to trade for just 2 Bitfury Reds  I'll keep my mining simple.If you need pics from me just let me know.

P.S. who the fuck created these cubes? That Asshole needs his teeth knocked out!



I agree.

1) many ATX power supplies do not work with it that clearly have enough watts
2) it needs a stratum proxy.  This sucks for an owner of 1 or 2 cubes but makes less of a difference if you have 10.
3) I hope your power is free
4) some of these have caused fires

166  Economy / Computer hardware / Re: Selling the Baby. 500gh BFL MiniRig in hand. on: May 09, 2014, 04:18:25 AM
$600 including shipping.  I am on the east coast as well.  

167  Economy / Marketplace / Re: Lost password to wallet.dat | 11.7 BTC | Willing to sell cheap offer on: May 08, 2014, 03:17:52 AM
I would buy it if I knew that the wallet truly contained 11.7 BTC. Or just wait for quantum computers to extreme brute force it open  Grin Grin

Bad idea.

I could make a wallet with 11.7 BTC in it with a good 30 character password and sell it to you.  You would never crack it.  Two years later I could then just move it. 
168  Economy / Marketplace / Re: FREE SHIPPING BITCOIN T SHIRT STORE (coupon inside) on: May 06, 2014, 09:48:56 PM
If your buying a bitcoin tshirt surely you should be able to pay by bitcoin?

There are plenty of places you can buy Bitcoin shirts for Bitcoin. 
169  Economy / Goods / Re: [wts] Bitcoin accepted here stickers on: May 06, 2014, 09:43:54 PM
bump! 
170  Economy / Goods / Re: Looking for Bitcoin sticker on: May 06, 2014, 09:41:16 PM
Hello all,
I am looking for a sticker saying "bitcoin accepted here" for my hair salon for kids www.veselbalon.com
I am in Bugaria and would like to have it asap. How much do you want for it and what is the cheapest shipping fee?
BR,
Gondel

I can do it for $1.98 worth of BTC.  The sticker is 99 cents, the postage is 99 cents.  You can add more stickers without higher postage. 

I send it in a regular letter envelope, the US postal service gets it overseas in just a few days.  I have no idea how long it takes after that.  To the UK, Germany people get the stuff within a week.  Italy?  45 days!!

http://cryptoanarchy.com/store/index.php?route=product/product&product_id=149

171  Economy / Service Discussion / Re: Bitstamp Transaction Fee Fraud - Charging up to 1.16% transaction fee. on: May 06, 2014, 07:24:50 PM
Oh c'mon guys, this is math 101. This happens with so many transactions on a lot of things on a daily life. It's rounding and normal.

OP did transactions with a BOT lower than $1 as per indicated limitations. He probably was hoping that he would not pay transactions fees.

If you are doing that many transactions, just do larger transactions where rounding is in your favor. Why is he making thousands of really small transactions? He's probably just slowing down their system anyway.

I'm on with Bitstamp on this one.

Here's an example where I paid less than 0.5% because of rounding:
I bought 0.08774 BTC and only paid 0.047%

If you bought a gallon of milk and they split your order up into 64 ounces and rounded the price of the sales tax up each one up you would be pissed too. 

Again, it is ok to do this for small single orders.  It is not ok to split up a large and immediately executing order into many parts.  It is ONE order.  If there was not enough liquidity and part went now and part later that is different, but that is not what is happening.
172  Economy / Trading Discussion / Re: Invoice in Bitcoin - How to Agree on Exchange Rate? on: May 06, 2014, 02:46:36 PM
I have a business where I issue an invoice in the beginning of the month which is due on the 20th day.
I'd like to add an option to pay in bitcoin.

Here's the problem. If I use the exchange rate to EUR at the beginning of the month, the customer can choose bitcoin if the price falls. If the price increases he'd better stick to EUR.

How may I solve this problem?

Don't offer a fixed Bitcoin rate.  Allow it to be paid via Bitcoin but at the current rate around the time it was paid.  The customer should use a price within the hour it was paid, something fair like:

https://bitpay.com/bitcoin-exchange-rates

The price source also needs to be fixed, the customer should not pick the price source. 

Also don't sweat all of this stuff for invoices under $20.  Please. 
173  Economy / Goods / [WTS] Bitcoin embroidered patches iron on or adhesive on: May 03, 2014, 01:20:59 AM
http://cryptoanarchy.com/store/index.php?route=product/product&product_id=158

$5.99 with low 99 cent US shipping payable in BTC

174  Economy / Goods / [WTS] Bitcoin "starve the banks" Tshirts in black $15.99 + 99 cent USA shipping on: May 02, 2014, 05:10:25 PM
Made on a Haynes ComfortSoft Heavyweight T-Shirt.  Payable in BTC of course.  We will ship worldwide at postage cost.    Add to your order our popular stickers or keychains with no increase in shipping (USA only).  

http://cryptoanarchy.com/store/index.php?route=product/product&product_id=163

175  Economy / Goods / Re: Bitcoin metal keychains in stock $4.99 payable in BTC low 99 cent US shipping on: April 30, 2014, 09:41:54 PM
We also have the more expensive and higher quality two sided metal keychain for $9.99 or less

http://cryptoanarchy.com/store/index.php?route=product/product&product_id=131

176  Other / Off-topic / Re: Do u love ASICs?? on: April 30, 2014, 03:10:50 AM


The model you have pictured runs a little too 'hot' for me. 
177  Bitcoin / Hardware / Re: [GUIDE] Undervolt antminer s1 [1.19W/GH at the wall] on: April 25, 2014, 01:37:04 AM
Do I need to do this to all 8 resistor on the antminer? (because there are eight identical section on each antminer).
Or just the R3 as in OP? My other 7 resistor is not label R3 but R33 R66 etc so I'm not sure. Thanks.

unfortunately all 8. 
178  Economy / Goods / Re: [wts] Bitcoin Madafaka! Shirts and coffee mugs for BTC on: April 24, 2014, 10:40:10 PM
Bump
179  Bitcoin / Bitcoin Discussion / Re: I no longer consider bitcoin as a decentralized currency... on: April 24, 2014, 07:16:49 PM
Bitcoin mining is a market that has almost no barrier to entry and as such the most efficient will win. That could be anyone willing to work hard and invest in infrastructure.

Really, no barrier to entry? Last I checked it was basically impossible to even clear ROI on any kind of bitcoin mining equipment unless you start talking about spending 5-6 figures and even then it's doubtful.

I do not know of too many businesses where you can buy hardware for $500 and have a payback within six months.  There is hardware out there that is profitable now if you know where to look.  The barrier to entry is quite low. 

I don't like ASICs yet I own them.  For a while in December things looked bad as huge farms gobbled everything up and small miners could not really buy anything good.  But now there are two players out there selling ASICs freely and honestly and their customers (many just little guys) are now more then 20% of the hashrate.  That combined with the fact that the BIG FARMS are not one but really several totally unconnected businesses so the hashrate is actually MORE decentralized than it was in December.

No one is giving you super easy profits anymore, sorry.  Mining is now hard but that does not make it centralized. 
180  Bitcoin / Bitcoin Discussion / Re: Transaction fee too high? on: April 23, 2014, 11:06:26 PM
If we really want micropayments to work with bitcoin, the transaction fee has to be lower.
If we really want miners to make money with their mining rigs, the transaction fee has to be higher.

I am a miner and I disagree.  Maybe after the next halving in two years but not now.  The block reward is plenty.  Sure I want more for my mining, but if you increase it, it will just bring more miners in the end leveling out to where we are now with just higher fees.   

The new minimum fee seems like it is quite fair for both miners and micropayments. 
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