Does it even matter if they did?  |
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I know two weeks isn't a good indication for trades based on ema indicators, but using one of the weeks I used the bot for back testing, the bot says I should have made 46% using the same settings I did during live trading.
Thanks.
I echo what the guy above me said, but I would point out it's likely you just have bum settings if it's selling is that far off the mark. I spent hours last week finding settings which worked for each individual exchange to ensure something like that didn't happen. |
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Ascension, pay back your debt to the coinlenders victims!!!
Coinlender victims will need to deal with Tradefortress - I am in no way responsible how he stored your funds. I've asked in both BTQ threads, why does it show 0 in stock, and does that affect buying? I've wanted to buy for several days now, didn't want to try with 0 in stock in case something went wrong. |
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While you are waiting for "Off the shelf" ASIC products, or investing fiat for BTC, I'll be accumulating hashpower as it becomes orderable...... all with my original investment. Let's compare then 6 months, or a year from now....  I'm not waiting for off the shelf products, I just say it's the best method. Off the shelf already exists.. obtain mining equipment from burned out people for far less than retail. It's working fine for me. I may even have a Jupiter soon for half what you paid, delivered at the same time. There are companies who are working on off-the-shelf methods as we speak, and they will leave the others in the dust once they take off. Yes, if you stay ahead of the average curve you'll do well, but I'm still ahead of you "based on the numbers". By the time you positive-ROI with your 17BTC, I'm already ahead of you (x)BTC * Days. You have to also understand, I'm spread across holding, trading, selling equipment, mining, etc. We both have our methods. I'm not saying mine is better or I'll be richer. I'm just saying, you'd be ahead of the curve by default having reinvested the BTC, because the difficulty will reach a loss situation. You'll see 200..300GH going for a couple hundred bucks in just a few months, because Jupiters will be the new Block Erupters. Unless you plan on living entirely on BTC, in which case you're set for the most part. |
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Guess we shall see Mota...because I'm on an agressive re-investment strategy....
For folks who made plenty of coin beyond initial cost during the first round (which I think you were one of the few in that category), it makes sense to reinvest and get more equipment, because you're further ahead of the curve than others. That's if memory serves me correctly. Still, it's not going to last as long as some folks hope; I think this is one of the few times you and I have differing opinions. We have to remember, the difficulty hop coming in the next 60 days isn't going to be trite, choking out a lot of mining efforts. Still, I'm cheering everyone on.. you as well. Mining is super fun. |
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IT HAS BEEN ALMOST TWO WEEKS AND MY ORDER IS STILL NOT PROCESSED. WHAT IS GOING ON? My order is 20423
Go to their website for support. They check it quickly. They don't go to forum frequently. They've been out of stock of BTC for almost 2 weeks.. unless you can still buy BTC when it says none available. Something is up with btcquick. Not saying that to be mean, but it just doesn't add up. |
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I probably shouldn't be counting other people's money, but since he has been bragging about it. I feel sorry for phoneix who spent about $12K(by today's btc value) for one of his nov jupiters. No wonder he is a bit quiet lately.
17.4 btc I think the first Nov. one was... hehe...part of the game.....no biggie! You are fine, ~650GH delivered by first week of december will make over 17.4BTC in it's lifetime most likely, that's what matters right? Exactly....... Let me know how much you mine.. according to my estimates, you won't see more than 10btc (13 max) out of a system with 700gh at that time frame. And that's with Fruity Pebbles and Lucky Charms at your side. And by that I mean, the first month. Sure you'll make some after, but it'll dwindle. It's why I stopped buying any mining equipment from any OEM until they're in stock and reasonably priced. Right now the traders are going to make more than the miners, presuming same BTC investment. Sad fact. Then again, isn't it always the traders who are living off the backs of the hard workers in the mines? Yeah?, and two years from now, when BTC is like 4 grand, 10 billion diff, and your KNC OCTOBER Jupiter is still making a grand a day.... then what will you say? Do the numbers... I do the numbers.. constantly. Analysis, projection, digging up facts, talking through the grapevine.. I do it all. It's my hobby. I estimated a 500million difficulty once the majority of the KNC's were online, and by gum, I was off by fractions at most. My math isn't making ownership of a gen2 Jupiter as favorable as you're predicting. Unless of course if you define lifetime as 'tomorrow through 10 years from now', then sure it'll eventually make its BTC back. Still, you're behind the curve. It's practically a staple of the nature of the beast that mining isn't profitable, even long term. The fact is if you'd invested with that 17 BTC, you'd be ahead of the game already. Mining is constantly behind when you look at 'the numbers'. Yeah, it brings it in.. but the rise in value will be ahead of what you can rake in. Almost always. It's practically a constant in the equation. I'm not against it, I'm just saying let's be realistic here, using reasonable time frames. And I wouldn't mind having a Jupe, but I'd never pay the price you guys did. I got my Mercury for about 35% under retail. That's a better price for this equipment to truly be favorable to us. |
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I probably shouldn't be counting other people's money, but since he has been bragging about it. I feel sorry for phoneix who spent about $12K(by today's btc value) for one of his nov jupiters. No wonder he is a bit quiet lately.
17.4 btc I think the first Nov. one was... hehe...part of the game.....no biggie! You are fine, ~650GH delivered by first week of december will make over 17.4BTC in it's lifetime most likely, that's what matters right? Exactly....... Let me know how much you mine.. according to my estimates, you won't see more than 10btc (13 max) out of a system with 700gh at that time frame. And that's with Fruity Pebbles and Lucky Charms at your side. And by that I mean, the first month. Sure you'll make some after, but it'll dwindle. It's why I stopped buying any mining equipment from any OEM until they're in stock and reasonably priced. Right now the traders are going to make more than the miners, presuming same BTC investment. Sad fact. Then again, isn't it always the traders who are living off the backs of the hard workers in the mines? |
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I love Coinbase.. press sell and a few days later it's in my bank account.
It's well known that MTGX is far above the other exchange sites, I only use it for certain trading. Coinbase appears to be very close to BTCE.
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Some routers will let you specify bandwidth caps for a computer, you might look into that and let it run. Also, you can sometimes do the same thing at the client level.
Honestly though just let it run once and be done with it, then keep it synched.
Took me an hour to synch a new client, everyone's mileage varies of course.
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I'd like to but can't right now.. you run it from the command line.. Startkey+R and then issue CMD and open the command window. That's one way to get there at least.
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I've been trying that but I dont understand how to "make sure your gateway and both dns entries are correct" or where to enter the command line commands for the miner. [/quote] You enter gateway and dns on the blade setup page, gateway should be the ip of your main router for your internet, same for dns usually. What operating system are you on?? |
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Why has there been 0 BTC in stock for almost a week? Was going to use you guys to buy some, tried the past 3 or 4 days, keeps saying 0 in stock.
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Just saying, "protecting the network and its miners" is really out the window. It's a wet noodle being waved in the wind. Just ship equipment as it comes through and let the system manage itself.
The best interest of any ONE given customer is to have as much Hashing as they can afford. Artificial restrictions are falsely noble, especially when other producers are in the market. Of course everyone that has miners wish they were the top hasher, but that line slowing NETWORK hash increases is best left to real capitalistic supply/demand! A scheduled release does let one hope their results be be good for a month or two, but there are way too many variables. We aren't given exactly how many units are to be released by each company so it's all an educated guess anyway. Buy as much as you want to afford, and when the HW price drops, buy as much as you want to afford... & repeat. The Only parameter I would suggest to KnC is to disallow a single customer from buying ~50% of stock, etc., Such as Gates/Winklevoss/NSA to allow a majority of customers access. Yup. |
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As long as the US deems it acceptable.
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1. Stating they sold their stock of RMA boards is an unsubstantiated guess on your part designed to spread FUD. Dunno what your agenda is, or what you hope to achieve with those sorts of mud slinging speculative remarks.
I believe the RMA comment came a few pages back from KNC, but I might be wrong. |
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I don't doubt. I imagine US miners much prefer to deal with a US company - much easier shipping and suing! I agree about that, most especially the shipping--3 days ship time vs dealing with customs. I'll be honest, if I had money to spend I would've placed orders with Cointerra recently. I had an option to get some early January orders, but couldn't cough up the money. Kinda explains why knc sold their stock of rma boards - they know they are going to be useless in a month or two, why keep them on hand? Who is going to rma a board when it'll then be the mining equivalent of a 5870 gpu in a few months?
Well, they owed it to the customers to sell the boards either way. I'm sure if an RMA issue comes up in the near future, KNC will do what it's been doing--overdelivering, and simply give them a new something or another, or will make it right. I've got a Mercury, would love to get another module for it, and I can actually afford the module, but they all sold out. Sucks KNC has no way to help out folks like me. They aren't going to hold on to equipment that will be redundant and no one wants in 4 months time.
As long as people are willing to shake money, they will provide a product lol. Just like BFL, still providing essentially bricks which consume electricity. I wouldn't be surprised if they retire and get out of the game after that. They are obviously gamblers, but they aren't stupid. It looks like their gamble will pay off, but probably not for their customers who gave them the free loan of millions (pre-orders).
I think they'll be in for awhile since they have most likely recovered all of their start-up costs and are maintaining operations in a self-sustaining fashion. They're going to focus on scrypt solutions when the BTC mining rush has subsided a bit. They would only get out if BTC suddenly went belly-up. This is true about any of the companies. I'd still be right about the last part if BTC had stayed at $120. But now it's quadrupled, everyone feels they are going to break even by doing fiat calculations. But if you paid the equivalent of 70BTC for a jup, if you got your order after the difficulty change on 16th October, you'll never see anywhere near 70BTC back through mining a jup.
That's a really good point some people don't think about. 70BTC back in the day was, let's say, 100USD = 7kUSD. Now it's 500USD = 35kUSD. So unless their miners have provided that, they lost "in the long run" against BTC. It depends on their focus though. If they wanted mostly free/cheap mining equipment, and they had already mined a bunch of coin, then in reality it cost them very little, and they can use the machine for another month or 2 and still dump it for a few grand. If they used BTC they'd been holding for money, they lost the fiat race for sure. So I wonder if the fire-sale of boards was an indication they are planning to clean up and clear out? They might have one more go with a multi TH/s miner, but would they risk losing everything if they f it all up?
I doubt they're going to vanish. They're going to come out with some more amazing die-power. My guess is they're trying to get their current chip design to push 250 per chip, and then they'll call it "good". Their next design they will likely try to push 750 per chip, if not 1TH, as the current tapeout of competitors is over 500GH per chip with room to spare. KNC could be the first to deliver a 10TH mining unit, and I bet it wouldn't be a stretch to say 4th quarter 2014 to see that in the works. Big kudos to KNC's continuous efforts to make the current systems run even better. I had faith their chips would be stout, and I have not felt left down. As I posted a few pages back, my Mercury jumped over 10GH stable going from .96 to .99, and it's seeing 175-200GH for short bursts now. Such an increase from JUST a firmware update is phenominal and people seem to ignore it. That's a $300 value based on 10GH mining capabilitis from products out there. Also, I love the popcorn meme. That is definitely one of Moss's best scenes. |
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Of course the Fed do not have the authority to regulate crypto. They are a private company, not a government department. they follow the legislation that was written to allow them to exist even though central banks are unconstitutional by nature.
This is not to say that the government will not regulate.
Many people do not realise the federal reserve is a private company, I would have thought most here would realise that.
Don't be fooled. They are a government shill company, not a "private" company. They are owned by, crowd-funded by, directed by, regulated by, monitored by and answer to, the US government. Also, I'm /very/ skeptical of his seemingly neutral stance. Usually when the government takes such a stance, it's not to be trusted. (source: history) |
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