It will happen when some rich person decides to buy all of your bitcoins and mine the rest them sell them back at extremely inflated prices because the demand will be high and supply will be at a near zero. Imagine that. Bitcoin is only around 450 dollars at the moment. Someone rich enough could buy all of the bitcoins for a little under 10 billion (assuming all 21,000,000 bitcoins are mined). At that point, he can manipulate the hell out of the market. If he were to sell possibly a million of the coins before the price starts going down due to saturation, he'd make back all the money he spent on all the bitcoins. He could sell maybe another 10 million for maybe 2000-5000 a pop.


All in all, in my opinion, this will be the only way the price would ever reach that high. It is like you owning a small piece in the company through stocks. The market is full of manipulations due to media coverage and lies many of the times. Those are associated as pump and dumps which is exactly what would happen with a person owning so much bitcoin. They hype you up, get you to invest in it, and then they dump, liquidate, and file for bankruptcy and run with the money. Simple as that.

Hello. I have come to ask a few questions and I would be pleased if you would reply to them. I am conducting something similar to a survey to see what people would like when it comes to anonymity.

1) Who do you trust with your personal information?

2) How do you connect to the internet?

3) Do you back up your files?

4) Have you used a VPN?

5) Have you encrypted data before?

6) Is there anything that concerns you while searching the internet?

7) Would an anonymous email, social network and etc. make you feel more comfortable surfing the web?

Scale of 1-10, how secure do you think you are browsing the web?

9) What could I do, as a solution creator, to serve your needs in making you as hidden as possible online?

I am working on a project and want as much feedback as possible to fully optimize everything for my project. You can also leave additional comments and such. I would love for you to do that too.


Thank you for your time.

Haha KFC miner. April fools!

http://www.ebay.com/itm/New-Year-sale-Avalon-ASIC-Bitcoin-BTC-miner-200-GH-s-New-Model-IN-HAND-low-Price-/370975642311?pt=LH_DefaultDomain_0&hash=item565fdf12c7

This person sold four 200 GH/s Avalons for 4,500 each.

http://www.ebay.com/itm/ASIC-Bitcoin-BTC-miner-1TH-s-Networked-5-machines-Avalon-Chipset-In-Stock-USA-/390739268684?pt=LH_DefaultDomain_0&hash=item5af9e0144c

A whopping 11,000 dollars for only a 1 TH/s miner and it was bought this month!



Well, I hope you guys learned something from this. The moral? You can sell things you bought for around a thousand dollars and who knows how big of a fortune you could make.

Then you can sell it for the same price as this guy:

http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd

And still make profit.

That's an insane price for the 333. I see people buying the U1 for like 50 bucks each. Pretty crazy.

http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-200GH-s-Bitcoin-ASIC-Miner-/321337393357?pt=LH_DefaultDomain_0&hash=item4ad13380cd

How the heck is this even selling? Gullible buyers?

I don't even think the Antminer was ever even sold at the price of 3,040 before.

Will you have an IPO? Also I would like to buy some of your hardware later on when they come out. Luckily I subbed.

Darn.

Do you have an IPO or is it a private listing that you got from seed funding?

I just want to you know if you clear customs for U.S shipment.

I'm thinking of buying around 1100 chips. Could you direct me to the PCB design as well and give me a quote on 1100?

Thanks!

Hello. I would like to know if you guys have any problems shipping to the U.S and more specifically to Hawaii. I plan on buying around 3 Power packs for the next batch. This will be my first purchase of a miner ever and the rep meter on you guys is skyrocketing. If I could even get some kind of discount on them, maybe even 4 power packs. Thank you.

I have tons of bitfury chips, but I need the boards at a wholesale price. If anyone has boards, let me know and I will buy them. Looking at around 5 bucks each.

I have a budget of 15 Million.

I plan on buying 100,000 of those 28nm A1 Chips which would give me that 25 petahash speed or up to 40 petahash speed. That hits half of my budget. I also have a separate budget for power, but that is something else.

I want to know who supplies boards that can hold so much? I am renting a warehouse and wanted to put racks of them up. Also a DIY? If anyone could help me get a DIY, then it would help a lot. Thanks.

SHA256 mining is the best and most profitable in my opinion.


I also plan on getting a 3 TH/s for Scrypt mining.


Thanks.

And no, I don't want to buy any of your rigs.