Hey guys.. just wanted to let you know that there are two initiatives that I know of with similar goals under way.

open transactions http://opentransactions.org/wiki/index.php?title=Main_Page

& especially

bitcoinx   http://www.bitcoinx.org/


I'm sure they could use your help or at least promotion if you want to see them succeed (like myself, I think a decentralized security exchange is the way to go forward and avoid the entities which all ready have a monopoly control over most of the financial system.)

What's needed is a p2p exchange. Some folks are working on this, hoping their hard work will come to fruition.

edit: found bitcoinx project, gives me hope ;    http://www.bitcoinx.org/

Oh just was wondering if anyone is down for some idle speculation.

I find it a little to coincidental that SR, BTC-TC, Bitfunder, were shut down, and Bitcointalk hacked, all in a really short span of time.

It might be coincidence. But possibly could also see the timing of these events as a calculated (or at least convenient) effort to really hurting Bitcoin by having these events happen so close to one another.

If it was an effort to do so, it failed I think (those caused a lot of grief and havoc, especially for US citizens on those two exchanges)... but is a bad sign. Bitcoin would be fine without the US but of course it would hamper it's adoption at least significantly if the American gov' was very hostile to it.

Ya hopefully Avalon is done now. There is just better options.

I feel for you guys, Avalon boned so many customers.  I was in the 2/3 months late batch 3 avalons and though I'll probably never break even I feel lucky that it was even shipped....hopefully those days are all done now that there are much more reliable options on the mark (or soon on the market).

They haven't been transferred yet (waiting myself).

I think it may be done on the 10th, read that some palce I think.

Trading has stopped but site will be back up and you can transfer your btc out, until the 30th.

Oh okay. Thanks for the update T.as.T.

Oh I thought it was because there is supposed to be a new product released today, wasn't there? too lazy to search the thread but wasn't there a timeline given with Oct 7 being the day of a product update from friedcat?  

Then you have the whole matter of 500 TH of blades coming on this month and it's not too surprising that the price went up at least a little bit.

Great, good to see bitcointalk back up for sure.

I've been using Havelock recently, and I like how it is laid out. I'm still waiting for all my shares to be transferred from btc tc though, hopefully that'll be coming up soon...

Uh, no.

Bitcoin is not a house of cards. It is a more valid currency than USD in many respects.

Will the price take hit? Ya for sure, Silk Road is huge. But this isn't exactly the end of Bitcoin, that's retarded.

Ya I was surprised by that as well. If dude had at least, at minimum , a few million bucks in profit, you think the last place he would want to live (& safely) would be the U.S.

Maybe he just flew how for a visit or something. If we was living in S.F than ya, he's an idiot.

I was wondering about this as well.  The default is due for tomorrow. While everyone expects them to work out a deal, who knows.  The couple of hundred of people who hold power may have more to gain personally by defaulting the whole country than then care for every other American.

If this happens then I would expect an overnight boost in Bitcoin's USD price. No question.  Though it would be a small, steady and gradual boost... not a big spike.

I don't think  waiting is necessarily a bad idea. There are many unknowns currently, friedcat could conceivably be waiting for the dust to settle.

While the last 2-3 months, and current times, are pretty crazy for the amount of ASICs coming out, and with ROI windows being broken by a few weeks worth of delays, it is conceivable to imagine that things will stabilize in a further 2 or 3 months, to a point where there a much smaller range of gh/$ mining equipment.

Maybe friedcat had something like these 3 options to choose from:

option1) spent a massive amount of capital to rush to market a gen 2 product that he might not be able to sell, depending on whether all of knc, cointerra, hashfast, etc etc etc all ship on time.

option2) spend another 2 months of development time to double the efficiency / hashes of his design, and some ASIC companies are out of the picture.

option3) spend another 4 months to make assure that his design, and amount of ordered chips, will be have a profitable gh/$ ratio in addition to knowing that his product will be one of the better options available on market.

Just saying, waiting is not a necessarily a bad strategy.  Asicminer has a large amount of resources and experience.  Say they sitting on 5 million dollars, just to make a figure up. Conceivably you could spend 5 million dollars in development costs 6 months from now and still have a product that is the most cost effective when reaching market, instead of 5 million 2 or 3 months ago, when your product may or may not be a complete wash.  

I don't even think Friedcat is waiting. Just saying, that there would be some merits to that. And total hashing output is important, but not as important as how much you are paying for your TH's and how fast you can scale, which is something he seems to be focusing on. It's possible that friedcat's 'gen 2' may be better one of the better than the early gen 2 products, and come out at just the right time for it to be the best option available to consumers. It's not an inconceivable scenario...and potentially better than rushing towards releasing product just as fast as they can. 
 

Possibly, for the first question. No specifications or details at all have been released.

Huh interesting, haven't seen that site before....  I wonder how safe it is to use though being based in Cyprus...after all the crap that happened there over the last year it's not a promising place to do any sort of business that may run afoul of the banking cartels.

When are the AM100 shares being transferred? No rush. Just curious...

I wish man    PC version of GTA V  is probably 1.5 years off of or more.

I sold all but 2 x 7950's.  Now I have a deadly gaming system which is cool.  But I'm gonna be mining with the cards in about another month, when it gets colder. Basically free heat for my small apartment, which is nice.

Thanks, refunded.

At long last this headache is over.

Weaker dividends compared to who? I'm curious. Which securities offer better divididends than Asicminer, even at 0.01 ?