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I have it hashing away 24/7 except for when I stop/restart/debug BFGMiner to try to optimize it better.
At what location is the device? "Hashing away 24/7" in fairytale land and not in his possession. Idiotic that he contradicted himself there. Luke is in with BFL and is another puppet in the mix of the on going shitpile of bs BFL creates on a daily basis. More like monthly unless your about to add another preorder to the mix. |
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Ohhh BFL, the ripples you create humor me.
Ohhh, Betsofbitco.in, how you have suprised me.
Thought the answer to this was an obvious one.
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Must have a track record of escrow and would prefer a moderator. VERY substantial tip included  Any suggestions would be great! Thanks |
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I will pay 300 coin for your Avalon if it is in hand.
Must be producing. Prefer hand to hand transaction.
Will fly to you of in the US.
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Great writeup! Thanks for taking the time to write!
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My original post was to see what your thoughts on taxation as a miner and if you think the government will be able to cut into profits. If so are we talking short term capital gain type 40% crazy taxation.
Taxation and FinCEN guidance on money transmitter laws are two completely separate topics. As a miner, you don't actually mine the coins. You are providing a hashing service and the mining pool is the party generating the bitcoin (it is the pool's address in the coinbase, not yours). So how that will get fleshed out will be interesting. I think there seems to be either ignorance of the guidance or perhaps a collective bit of civil disobedience occurring. Yes, and true on the pool. Since the Fed has legitimized the currency basically as a foreign currency, they will want their piece of the pie and currently they are not getting a bite of mine. |
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Anyone will sell for the right price, thing is: what is the right price?
I think most are keeping their eyes on the difficulty and BFL situation. I'm selling on Bitmit, for 'my' price (299BTC) and that's the cheapest one on there believe it or not. How do you price such a ridiculous contraption, a (as of now) money printer?
Ahhhh this is the conundrum. Is yours batch 1 in hand? |
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Looking for 2-10+ units, prefer face to face. Can fly anywhere in US next day to get the unit(s).
Thanks for your time. Serious sellers PM me with a price.
Not paying 800 coin, so please be realistic.
Yes I know that people are not selling, and why sell it when you can make them, everyone has their reasons so save breath trying to inform me that ppl wont sell.
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I appreciate the advice. I do have an attorney I am operating in a partnership that would not really be able to exist with out the appropriate legal counsel.
A thing to consider is as stated before it has always been under the radar and unregulated. Attorneys can help should trouble arrive but they cant predict what new laws will be created
My original post was to see what your thoughts on taxation as a miner and if you think the government will be able to cut into profits. If so are we talking short term capital gain type 40% crazy taxation.
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If you haven't realized Bitcoin was always legal since it was started... If it wasn't legal, then companies like bitinstant would have had a harder time to get licenses and things of that nature.
Of course I knew it has been legal. Just because I am new here does not mean I am new to coin... As an investor about to put alot into mining it was a major concern that the government would shut me down with legal ramifications EVENTUALLY. Thanks for your insight |
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Being in the US this is big news. What are your thoughts on what this will mean for us..
I for one wiped the sweat off my brow as this means the coin will stay legal. Sure the anonymity is screwed but at least we wont be imprisoned for operating the currency.
What impact will this have on taxation in your opinion? Will we have to pay to play so to speak and if so will they actually be able to track the coin to the point of taxation?
I am sure that aspects of the industry will be criminalized stateside for instance washing services and such but as a legal user of the currency this does not have impact in my arena where as taxation will have significant impact on my bottom line.
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Currently we don't want any money.
This is how you know this guy is the real deal. Fucking props to you. BFL would want 10,000 BTC as a downpayment for their pencil drawing on a napkin of their "in production" "ready to ship in 1 week" 1,000,000GH unit. AGREED |
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Bitsymcom,
I really appreciate the response and would like to go into a few details in regards to the chips in April. I have the availability of acquiring a few machines to test run and prove their validity which would make an investment in the chips Mid-April a great option for me.
Would it at all be possible to speak in more detail via PM or email with yourself or a rep that will handle such purchases?
I cannot tell you how much I appreciate you finding and taking the time to reply to my post.
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Absolutely agree and WILL be there.
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This certainly was a last resort but I also see it as an opportunity to grow relationships with industry professionals.
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I appreciate the advice, I thought I clicked the hide email... My goal is to find and reward a reputable member that has connections to bitsymcom that may have his ear currently.
Could you imagine what his PM Box looks like? Or their email? His company has the Midas touch and everyone loves wealth.
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Edit: The original post of this thread has been removed as the main goal of the thread has been accomplished. Although this is sometimes viewed as incorrect etiquette I appreciate your understanding.
Thanks
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Edit: The original post of this thread has been removed as the main goal of the thread has been accomplished. Although this is sometimes viewed as incorrect etiquette I appreciate your understanding.
Thanks
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