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1881  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 11:20:27 PM

1882  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 10:45:03 PM

1883  Economy / Speculation / Re: Automated posting on: November 08, 2013, 10:01:44 PM

1884  Economy / Speculation / Re: Automated posting on: November 08, 2013, 09:00:23 PM

1885  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 08, 2013, 08:52:51 PM


The problem that persists with any time sensitive tech is should we make it perfect or ship it to the people and update it as we go.



not sure why everyone is missing my point.  They did have a working miner and shipped X number of miners with 8 VRMs.   So before they go cutting costs they should just test and make sure they aren't frying their product right?

What is everyone's point on 'time sensitive tech' etc. when the reason was they wanted to slash costs before they tested a stripped board?

just own up to that decision KNC

I can't comment for KnC. However from what I recall from one KnC news post. The original designed boards had 8 vrms and in the article they had a comment that it would play a key role on 2nd gen design chips.

However they may have had a set amount of those boards made. And before the tested chips arrived may have commissioned the new asic boards and control units with less components. Perhaps a cost saving measure.
1886  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 08, 2013, 08:41:25 PM
how do you completely forget about the proof that 4 VRM boards were COOKING well above 40 amps with pre 95 firmware while the boards with 8 VRMs were not running amps over spec?

you still act like they were just totally dormant 4 VRMs removed when the design with 8 VRMs handled the power in spec with pre 95 firmware and the 4 VRM firmware didn't

so until they had it under spec with firmware 95, they WERE needed

that is what you keep trying to push under the rug in all your responses to this

The problem that persists with any time sensitive tech is should we make it perfect or ship it to the people and update it as we go.

The community is well aware what happens when you try to make it perfect, with some vendors delivering 14 months late.

Even Bitfury systems were not Perfect. One good thing Punin / Dave did was send extra GH/s to make up for it.

I know what it means to pull 9 day work weeks. 16 hour + work days wears down common sense, my only gripe was that I had to step in for KnC's customer support. I could only guess how many mixups they had on day 1 orders.

My concern stemmed from the lack of recourse a colleague who had lost 42 BTC due to an admitted queue mix up on the part of KnC and had his orders pushed back well beyond day 2 orders.

Everyone expects compensation. The reality is that those who had day 1 orders. They expected to receive their units mid September 2013. So I can understand those who are not thrilled of the delays. Perhaps the customers expectations were unrealistic. However KnC have made it up for some.

tl;dr sure Sam and his team had issues but in the end they delivered as well as any one would hope to expect.
1887  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 07:11:31 PM
Somewhat related: http://www.marketwatch.com/investing/bond/10_year

Big spike in 10 year rate today.



IS the Jobs report not bassed on unemployment numbers that are no longer qualify for subsidies? Once off the support network they are no longer reported on the unemployment numbers, giving a false impression of job growth.
1888  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 06:34:32 PM

1889  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 05:35:19 PM
Looks like that was just another nice little pressure valve release.

How helpful Cheesy

Indeed! No surprise.

1890  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 05:07:42 PM
Something else that we may wish to factor into the equation.

With this new BTC momentum, Alt crypto currencies holders may be moving a % of their investments back into BTC.
1891  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 04:49:25 PM

1892  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 04:00:47 PM
I was kidding, it was a nod to proudhon.

I'm of the opinion that next bear market will be the most devastating and the longest one so far (worse than 2011) because everyone is caught up in the belief that if only they hold long enough, they cannot possibly lose out on BTC, no matter their entry price. Every dip is a buying opportunity etc.

Furthermore, the current bubble developed very quickly after only 7 months between former alltime high. So, it's a bubble on top of a bubble in the same year.

We can talk about that once we actually top out. So far, we haven't even doubled from the 266 high.

I'm of the opinion that the time elapsed between each bubble will be shorter and shorter, each will be more 'violent' and price will go up/down more drastically until we reach the 'climax' or real price discovery. Then after that more bubbles will come, but the price will increase less and less each time, and time will be longer.

We are far away for the 'climax', i think at least two more bubbles are needed.

Just my 2shatoshis  Smiley

What the trading floor needs is many high volume traders that can be market movers. In other words buy up coin as its being dumped and sell coin as its being purchased just to stabilize the price.

When big money enters the trade floor expect things to simmer down plenty.

Question is when. Perhaps +$1000 ? Who knows.
1893  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 03:58:25 PM
Hi guys.  I've been trying to avoid the spec forum, but I decided to break down and jump back in to say "hi".  I'm pretty optimistic about bitcoin, but this move is surprising.

THE Bear is BACK! I don't know what to do anymore... ABANDON SHIP!

Historically, my ridiculous bearishness has cost me.  Just ask adam.

Your not alone. Sad BFL
1894  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 03:19:50 PM

1895  Other / CPU/GPU Bitcoin mining hardware / Re: 7 KnC Jupiters available for 6 BTC Each, Refurbished. - IMS on: November 08, 2013, 11:12:53 AM
This gave me such a laugh.

Really, we should enshrine this as an all-time scammer fail. 

+1
1896  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 08, 2013, 11:02:38 AM
The good news is that november Jupiter and Saturn's are no longer available.

According to the website.
1897  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 09:19:44 PM

1898  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 07:16:56 PM

1899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 07:04:27 PM
1900  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 06:59:35 PM
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