I am also curious about the website they are referring to, but they didn't say it where. Will if Satoshi Nakamoto back will bring the impact of rising Bitcoin?
Yes, it will bring great impact on bitcoin if it's true that Mr. Satoshi is coming back but let's not bring our hopes up on this article because we don't want to be hyped all over this news and might spread a FUDs. Now, if Satoshi did come out to be Craig Wright we are all frigging doomed, he hates all BTC types for not believing him to be Satoshi. Could you imagine how much hell, he could cause with crypto, if he was Satoshi and as he claims have access to a Bitcoin Trust on Jan 1st, 2020, again as he claims? He could trash BTC down to $500 bucks for the hell of it and laugh it all burned....and still be a Billionaire in USD in BTC! shudder...scared self  brad Bloomberg Fortune, today (or yesterday, depending on where you live): "Unknown Bitcoin Creator Satoshi Nakamoto Might Be Writing a Book Is the unknown creator of Bitcoin writing a book about it? That could be concluded from a cryptic message posted Friday at a website possibly linked to Satoshi Nakamoto, the pseudonym used by the person or people who released the original Bitcoin white paper in 2008." read more: http://fortune.com/2018/06/30/satoshi-nakamoto-bitcoin-book/Can someone kindly tell us what website they're talking about? It's not this one, is it? The article also claims that the writing style is 'completely different' than examples in the past from Satoshi. Unless he has help from another author or some such...it is unlikely to be true. However, if true, there would be 'quite' the hunt for Satoshi. For example, if from the USA, I suppose a case could be made on 'taxes'? (unclear on that) and/or other issues...would be cool if he 'could' (very unlikely) make a book and explain BTC beginnings, without giving his ID away....would drive the powers that be frigging 'nuts' heh (hey a guy can dream ya know on the turmoil this would cause!)  brad |
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The Segwit theft would require a hard fork.
And if you are going to have a successful theft by hard-fork, you may as well steal from the legacy addresses as well.
This is just more Bcash lol bullshit.
yeah, and IF I was the bitcoin core devs and I decided to do a 'hard fork' for whatever legit reason...I'd also to a hard fork to block size as long as I was at it. Thus, with that and seg wit and lighting, BCH would not have a leg to stand on... (Bitcoin Core Devs: Hint, Hint: 'what the heck, folk have broken promises for less...go for it') (again, snowball's chance in hell, but maybe they will bring an 'igloo cooler'?) brad |
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The Obelisk Units should have been in the update, yet again this management team is disappointing its customers.
The partnership with clearos is really good, except I really don't think clearos is going to be able to compromise with this management the way it is, knowing they cant even code simple file sharing or even copy and paste another coins working UI since its launch a long time ago.
Im happy its being forked.....
er, confused? sia-coin is being 'forked' (damn, if true did not see that coming if true) again, confused? link? I assume you mean just a hard fork to the code, and the algo will remain the same? (damn, I really want the algo to fork, so that just Obelisk work on a new algo for the sia-tech network.....but that is not gonna happen...) thanks brad |
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That doesn't make sense. Both are on 28nm right? makes sense if as most of us suspect the L3++ is just an 'already overclocked' L3+..then all the problems above and flakiness makes perfect sense....another Bitmain gimmick that has likely come to light Just my view...but when we tried overclocking...seems to be the same symptoms...so went back to L3+ baseline [/quote] So, it is just marketing lol. [/quote] I have a friend owns a data hall that experimented with the L3++ software on his L3+ (one) and it worked fine... he has not done anymore as of yet. probably the voltage mod (free) further up in the thread is more practical with the same result as what my friend ' tweaked', as mentioned above. Me, at 14c kWh...don't matter much ...I need like $115 LTC at this difficulty rate (unlikely with such a price pump, with OFF bitmain L3+'s piling back in. 14c kWh is just a way, way, step too far, at this point in time/even the $115 LTC price/ and difficulty....(screwed, I am) Good luck to those with less than 8c kWh electric. Me, 'kaput' |
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campaign has ended it seems...
and you know this how? I looked at the spread sheet and didn't see the new round. I guess the camp manager will add it after the round ends. It probably still goes on, my mistake. yeah, I made that mistake too, I should have caught that as well, that is how I think it works. brad |
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People wonder why I'm paranoid they know what they are doing. Nothing about Obelisk Units coming out in the middle of July supposedly, and how they are to be incorporated into the network. Just saying. Same company. |
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For anyone who cares we need the following LTC prices to break even on the various electrical prices below...pick you poison! (I'm at 14c kWh so doomed anyway) This is for a Bitmain L3+ 800mh 500w unit. (Probably 90% of scrypt-pow units still running at this difficulty and price) Calculations are from www.litecoinpool.org/calc this is a free pool and pays out only on LTC at 101%. So you can plug any of your own numbers in and confirm below. This is at an $85 current LTC price. Also the difficulty at this time for LTC was 9869969.3940645. 6c kWh needs at least $45.00 LTC to break even 7c kWh needs at least $52.50 LTC to break even 8c kWh needs at least $60.00 LTC to break even 9c kWh needs at least $67.50 LTC to break even 10c kWh needs at least $75.00 LTC to break even 11c kWh needs at least $82.50 LTC to break even 12c kWh needs at least $90.00 LTC to break even 13c kWh needs at least $97.00 LTC to break even 14c kWh needs at least $105.00 LTC to break even 15c kWh needs at least $112.00 LTC to break even there you have it...anyone who wants to sell/buy my 14c kWh doorstops, pm me...(as an aside) (I'm doomed) so boy, do we need a pump on LTC price! But then again a pump will just draw all the other L3+'s like mine back into the fold so that could very well be a wash, even at $125 LTC price. crypto, always drama..anyway for those that don't mine LTC..this is kinda how it stands now, just for your info. brad |
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If $8trillion enters crypto markets and we see another x20 (minimum) rise on btc prices... I don't think lambo prices will stay same.
They'll ask more.
Ack! I got a small BTC 'woody' on your future! |
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campaign has ended it seems...
and you know this how? |
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@Searing why the strange spacing on all of your posts? Makes it hard to read.
I get it both ways.my spacing is either 1) too hard to read because I type as fast as I think (ie too long) or they like the spacing for the same reason as above (i type as fast as I think..thus too long) maybe, I'll go back to the other way and compress again....but likely will get blowback from that ..which is why I added spacing to the first place (then again, why anyone thinks I have a clue on wtf is going on in crypto and wants to read my posts is mind-boggling anyway...I be clueless!) brad |
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yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power. hope again such 3c kWh month to month exists someplace (that is not a scam..how to prove..hmmm?  ?) I didn't say "data hall" or "hosting" - I was talking actual electric all-cost-included rates in Chelan and Douglas counties of Washington State for residential and small business - though Chelan in particular seems to be getting unhappy about cryptocoin miners flocking there for the cheap power and it's effect on their infrastructure and BOTH have a "moratorium" in place on new larger operations (Gigawatt seems to have slipped in just before that moratorium hit with their Douglas county/East Wenatchee facility). Grant county next door is at about 4.7 after the last rate increase, and is a lot less restrictive "so far", but appears to be starting to make some effort to force cryptocoin operations to pay a higher rate "sometime soon" for similar reasons. For folks paying AVERAGE US rates or worse, I'd figure a lot have already shut down at least some mining gear as it has gone underwater already. I suspect this is a lot of the reason that DASH hashrate in specific (among others) has seen a noticeable drop over the last few months since the prices collapsed. well..if I can't host 18 miners (4 L3's and 14 L3+'s)without a data hall solution...so it does not matter I guess...so my only solution would be to sell my miners to folk in those areas who could pop one or two up in the garage or something (shed?) because they get those rates w/o data hall issues.... so pm me...I can sell bit by bit to folk in such areas...but for me... .. looks like I'm stuck with doorstops...too many for anyone to run, in that area, unless they buy my stuff. sheesh....(not even sure what to charge with PSU) later brad |
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he is the ONE talking head I really, really wish to be correct on his bullish vision of BTC. I mean he is farther out there than I am. Would be nice to be wrong in THAT direction, rather than in my usual Unicorn Dreams other direction...and then the floor drops out.. (I'm such a groupie BTC tool!) |
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It's unlikely Bitmain will do that, if he does. Same thing he destroyed his own kingdom, which he built with great difficulty. Or maybe if he did that for another scenario, it could have happened
Is there ANYTHING Bitmain can do if it did gain 51% of the BTC blockchain..to influence or get its way on stuff with BTC and Bitcoin Core... (sorry, power corrupts...with that much-centralized hash and the bad relations between Bitmain/BCH and BTC Bitcoin Core..wondering if that could be used in even a small way as a lever or a way to slow down BTC Bitcoin Core progress or patches?) hey, just throwing it out there..it is Bitmain by the way..they are frigging evil...) Bitmain: Where Evil Goes to Train and Freshing up its skill set. (tm: Bitmain) Brad |
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as @hatshepsut93 said you can not promote BCH by 51% attacking bitcoin. they are the same thing when it comes to this sort of attack and if anything BCH is more susceptible to this attack because of its much lower hashrate https://bitinfocharts.com/comparison/hashrate-btc-bch.html#1ythe way to actually hard bitcoin with 51% attack is to accompany it with double spend. otherwise if you wipe the blockchain and put your own new blocks there with pretty much the same transactions only harms other miners. and if they double spend they will be scamming themselves and their pool will go empty as every miner connecting to Bitmain pools will switch elsewhere. but lets say they did all that and were successful,.... one way that i have heard some altcoins fought 51% attacks is that they place some sort of "checkpoint" so the older blocks can not be orphaned. for example if a block is 5 blocks deep then it can't be orphaned no matter what. so someone doing a 51% attack has to only wipe 5 blocks because he can't do more and the merchants only have to accept 6 confirmation to not be affected by this attack. again, just curious...in that it looks like Bitmain will indeed control 51% of the BTC network and a big proponent of BCH. Probably does not mean anything. But, again just was curious. So essentially the only way to counter BTC would be in usage...reflected in value...or as a new store of value angle on the coin. yeah, those two seem like a real longshot..even if the BTC network does get centralized to Bitmain..won't matter any anyway, except, of course, Bitmain makes more money than god, as usual |
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hmmmm.... my point is...IF THERE IS NO NETWORK FOR THE ASIC's when they arrive..then there is no sia-tech vision and decentralized network that can work
(according to them they needed asic's for this to work) ...so if that is the case...they just flat out lied...took the BTC and this is a long con...
IF they have a network in place...even if the ASIC's only make enough to take care of electric (even on paper and the miner's HODL) then it will gain steam..
my point is you can't have it both ways and say
1) the price of siacoin does not matter in that it is based on scarcity (now no asic's) and the potential viewpoint of a network (not in place as they said it would be)
or
2) the ASIC folk investing in your equipment *upfront* on a promise that the network you have a vision for is in place..thus again ... no way forward that way either
so if you have the ASIC network go up you have then proved your decentralized vision for storage exists...if NO ASIC's up then sia-tech proves it either was a scam
to sell equipment ...or that they can't follow through on the vision..thus either 1) or 2) when the ASIC's hit the world from Obelisk..means this coin goes no place.
IF again, they have a working network and the ASIC's plug in to such and thru such a promotion the promise is kept..then folk will buy into this storage
solution and it all works..but without that ...anyone wanting to use this service just sees the ASIC fail and back to GPU miners and they walk...
again, you promise something and don't deliver ..there are consequences
yeah, greedy miner indeed....not even talking about ROI at this point...just talking about enough electric (on paper even if I HODL) to justify turning them on
with no one saying anything about ASIC incorporation into the sia-tech network in 2 weeks when 'supposedly' the units arrive...wtf am I supposed to think?
brad
Too many words too many times to say something so simple: you took a gamble buying Obelisk...you lost...life is not fair ah but you miss my point...I'm not talking about ROI on my unit now...I'm talking about electric to run my unit on the 'supposed' network they are supposed to have in place..without the ASIC's siacoin won't survive..because 1) they said they needed it for their decentralized storage solution and network..if that is not the case then the current 'speculative' price on sia coin is that this network would be viable and exist..is not..siacoin is just another sh*tcoin. As to the obelisk's yeah. I took a chance...with the 41% I would have had to pay the IRS and State Taxes last year instead and the 25% equip deduction on top of that I would have paid in taxes anyway (if you paid taxes on crypto) that is 66% ....so I lost 34%...now I ASSUMED that I could mine SOME on the Obelisk machines...but to not even turn them on? You expect siacoin to survive if they made 5 batches of Obelisk runs and NONE of them can even make enough on electric to turn them on...not saying making your money back or ROI ..just run them vs electric to try to bootstrap the network...even that won't work...naw....if they can't pull off a network at even that level..then the coin is doomed....unless you can have sh*tcoins and people HODL when there usage as a decentralized storage solution at 10c on the $1 vs Amazon Cloud centralized service is taken away....if that is the case it is just a Paycoin scam....deliberate or just failure to pull it off....the coin can't recover from 5 batches of ASIC's and promises not kept, again IMHO. Again, this is IF THEY DON'T GET THE ASIC's up when they arrive on their network in some kinda manner to cover AT LEAST the electric to run them and some extra coin....at LEAST if electric and some extra coin covered...the ASIC's could go into HODL mode on siacoin and float and see what happens. As it is now, without even being able to recover monthly electric from mining ASIC's and you can't go back to GPU's (so they say) then I don't see how the coin can survive.... regardless of my 34% lose about $3,181.27....in that it was ALL paid for with last years HIGH BTC prices...big whoop, I would have HODL mode anyway, it is likely a wash as a result. Comes out to 1.11 BTC vs IRS and Equip Deduction. Big whoop. HODL of that I'd still be down 3k. But, I mean really, you can't even get the frigging network up to handle the ASIC' that siacoin obelisk 5 batches SOLD>.. as to ...bitmain units are way out of this at 1,375 watts vs obelisks 500 watts... so that is not the issue anymore..but really? Can't support the network with your own equipment this month? It was/is there call now and their product....to not be able to deliver now...I'd not be HODL on siacoin now! If you are in HODL mode for siacoin, I'd be a watching how this plays out...you may have to dump, 2 weeks and counting (unless a delay) on ASIC's. Again, they can't have it both ways. They have 5 batches of these out there. If they can't mine to even break even on electric, no one will turn them on. Thus again, no decentralized network to compete against Amazon Cloud centralized network at the prices they quote and the network they said they need. brad |
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Ok...so they won't do it...I get that
but IF, they or you had the power....and they wanted to do a 51% attack to promote BCH...how would they or you go about such?
(again, talking full evil here max damage)
just curious what would happen if someone did pull the trigger on this and try to destroy BTC...how would it play out?
as to if they will do so..they won't so...yeah...you all that have ....they won't do so.
But playing 'what if' now...would it all shake out in your view?
brad
1. You can't destroy Bitcoin with 51% attack. Attacker would need to constantly burn millions to either: a) Double spend their coins. This is not as easy as it sounds, because exchanges and other parties will most likely require higher amounts of confirmations for bigger transactions. Also, with the amount of money and mining power involved, the culprit will very likely get caught. b) Mine empty blocks. The network will be on hold, but there will be no other harm. This will cause some panic and hurt Bitcoin in short term, but as soon as this attack will end, Bitcoin will go back to normal. Some altcoins have recently suffered from 51% attack and they didn't die, their price haven't even crashed much. 2. If Bitcoin will get 51% attacked, it won't help Bcash. They share the same algo, so it would mean that Bcash could also be attacked, even easier than BTC, because it has lower hashrate (there are rumors/reports that some group currently attempts to 51% attack it). If someone would win from it, it would be coins that market themselves as ASIC-resistant. OK, again I started this thread because I don't know squat on how this would play out, but HOW is for example BCH supposed to do the so called 'flipping' and take over BTC as they claim? Or is that just based on their hope that use as a currency and price would do this? (or it is just noise for BCH hyping?) thanks...trying to sort this out....and hell, is it even possible for BTC to be overtaken at this point in time without the price having to go tulips first? thanks, just looking for clarity and how much of this is just 'noise' to push their own agenda (BCH) brad |
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I dont think there is a new L3+ and there probably wont be any new ones. There is no incentive to spend so much to develop new miners when the price have gone down so much. The risk wont payoff and will probably lead to losses. It is probably the same with the S9.
Don’t forget chip dev times lag by at least 6mo to 1yr. Just because prices don’t make sense now does not mean they weren’t spending millions for R&D when they were selling L3s by the thousands. Bitmain was certainly working on 16nm for scrypt after they shipped the L3’s. I’m already working with a 22nm 1w/mh chip. I kinda doubt it. No offense but even if u get a better NM, u probably cant sell it cheap enough like bitmain can. Bitmain S9 is still better than T1 after all. L3+ is still the best and Inno's litecoin miner which is already at 16nm cannot beat L3+ 28nm anyways. It is too expensive. No point wasting money on it especially when the underlying coin isnt gaining huge value. Just my 2 cents. Yea well I'm already invested, and what I'm trying to build is something both these Chinese companies, that care only for the cents they can make and their huge farm customers, can't. And thats a home miner designed for homer miners and a way to further decentralize these networks. Yea I can't compete at the dollar/mh value, but people should find way more value in what I'm building and if they don't, oh well. Well...my stuff is getting shut off today or on July 1st probably...may run till the July 5th due to the Holiday...but that's it...I expect in the USA where the average electric rate is 12c kWh ...that MANY will pull the trigger by July 4th....so congrats to those with less than 6c a kWh...not that it will make you a LOT of money Stuff getting shut off 4 L3's and 14 L3+'s for equiv hash of 16 L3+'s at 8,000mh and 12,800 watts at 14c kWh (with data hall rent) at current LT.C price of $80.00 but some over electric. So seems it is just like BTC Hobby mining in 2014....kaput now...I can't see scrypt-pow coming back in a big way ..with 90% of all equipment worth running at the pow-scrypt difficulties and LTC difficulties..no one has an advantage...thus ...in the case of LTC they will come and go, being turned on like the tide every 3 days for diff change....(LTC) ...and eventually all this will be underwater vs electric costs and they will all fade...leaving Bitmain (with cheap elec and the 20% cost on $1.00 for equipment they have to pay on top of that...eventually ending up on top...and this is NOT saying they have new scrypt-pow equip Bitmain will mine over the summer with 'crumbs' of pre-orders in the fall. Sorry, at $80 an LTC it has never made more sense to just HODL your crypto of choice rather then get any type of miner equipment....add data halls wanting at LEAST a month up front or 6-month contract...(and a lot are already full) this seems to be pretty much wrapped up. My real concern is IF Bitmain at more or less the same watts...and they mine all summer and pre-order in the fall, they would raise pow-scrypt and LTC ..what 30% on top of what it is now? Then expect us to get miners in the fall after they own scrypt-pow for the summer? I myself will not be 'enthused' and will not play that game, either in getting LTC or scrypt-pow coins or equipment..till I get a clear view of what this would mean. So I'm out. Have 2 ASIC's in the bsmt mining sh*tcoin, that on paper show a profit (not Bitmain scrypt-pow units) ..but they likely will go off soon too.. what the heck, its only money (crypto) right? was a heck of a run from 2013 till now...made me a crapload of crypto...but, looks like it is POS coins like LISK if I want anything monthly in the tank from now on. brad |
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the level of discourse.
 on that bit of wisdom..anyone have a clue on the pump from like $5,800 USD or so per BTC to current $6,360? was it just plain ...we hit bottom...? and now we bounce? ie consensus this is the basement? or did I miss something of note to drive this? brad |
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that complicates it ..but generally...IF there is not a robust network for sia's vision in place to use these ASIC's then they will also be in a bad place
just a month or so behind...I just see no action on how they plan to compete against Amazon on their decentralized 10c to $1 Amazon giant....
deafening silence...thus looks to me like a crap load of ASIC's will hit...w/o any real purpose...and the price will tank also if their vision is 'postponed' or not
in place for the 'glut' as you point out of hash hitting on blake2b
you can't have it both ways...if price now is due to scarcity and also the anticipation of their vision..and the major investment of $$$ that people speculated
on with the ASIC's too boot...well it is step up of fail
or how I see it
on the other hand for what you paid for one of these puppies and what I paid for obelisks' last year with high priced BTC...as far as just holding crypto
wise we probably are even....just from that timing situation and last years price
Vision? What vision? The vision to become another ASIC maker for any shill with enough money to pay them? The Obelisk home page says it all. What the hell does any of that have to do with a decentralized file storage solution? Or is Vorrick the next Elon Musk -- meaning he can tackle three projects at once while surviving on a diet of ambien and wine in the evenings while he blogs? There are two coins that I think will fail hard despite a very promising opening pitch: Zcash and SeeYah Coin. SeeYah Coin will never compete with Amazon. Go back to the whiny, self-righteous, and downright dishonest postings that came out when the A3 arrived a few months ago. Then ask yourself: is this the crew that is going to take on and get the better of Mr. Relentless? I don't think so. Has the first DOA Obelisk shipped yet? I stopped checking because it really doesn't matter. Oh, wait, they are pretty compared to an Antminer. That should count for something, right? Sorry for the rant, it's not directed at you -- but "vision" and SIA/Obelisk in the same posting just sets me off. The single biggest regret of my entire Crypto experience is buying that Obelisk batch 2 miner back in January. Which still hasn't shown up as of days away from July. yeah....as soon as sia-tech did not fork to protect their decentralized storage solution to supposedly compete against Amazon Cloud at 10c to the $1.00, well I knew then I was pretty much screwed. Bitmain had a track record of pumping out ASIC units like toasters and proved especially true for blake2b So, w/o a fork and in conjunction with that the decentralized storage solution ready to hit the ground running to compete against centralized cloud hosting I don't see the two jiving in time...even if they did decide to fork and put emphasis on the sia-tech network vs speculative coin price based (IMHO) more on 'scarcity' then their sia-tech network vision... would like to be wrong but a lot of 'deafening silence' on the above issues...so figure I just have 5 doorstops and will move on...with the high price of btc last year and the fact that I needed the tax benefits (was in 41% last year I would have paid the IRS and State combined anyway) add the 25% equip deduction (squished in 1 yr vs 5 years) and what that is 66% so I took a 33% loss on the above...toss in the high price of coin..which is down more than 33% which I would have been in HODL mode anyway (still am) ...I am calling it a wash...but then again MAKING at least 33% back on an ASIC machine ...seemed like a pretty good bet..but alas, they choked on the fork and bitmain ran them into the ground... whatever....the 33% would have been lost in the BTC price anyway in that I've been in crypto since 2013 so kinda locked in HODL mode live or die still annoying ...even if my 'supposed' rationalizations are correct...just 'erks' me ..I've gotten 'dubious' ASIC's before ..used or otherwise...that AT LEAST could make 33% of what they cost before they puked...which I could call even...but these won't even come out of the box it seems by mid-July 2018 at current sia-coin prices ..which I expect to dump further on the Obelisk's hitting the world currently, IF I had an obelisk SC-1 up at this moment I would make 19c a day over electric....I assume these ASIC's hitting the world will not help this price. Again, leave the Obelisk units in the cardboard box, unopened, for easier use as doorstops...the cardboard lets you move them easier. Also, to those saying those 'greedy' ASIC buyers...sia-tech made the case they were needed for the decentralized network...they could not just count on merge mining siacoin off GPU's go get scale and be taken seriously....they needed the 'secure' ASIC network of machines to be taken seriously... I (dumb) bought that argument and was planning to mine/HODL and see the network succeed first...alas that boat sailed when they let Bitmain ride over them....IF they really did have (as they said) in the ASIC chip to 'tweak' to a fork in case bitmain played games (so they say) which I have my doubts...likely they could not fork the ASIC thus had to be run over by bitmain with no hope... anyway, at worst I suffered a 33% loss vs the tax man with 2018 IRS equipment deduction at 4.11 BTC for 5 units..that means say...I lost 1.11 BTC say at the price last year of 5K ..I'm a bit over that...at least I can rationalize my 'silliness' in HODL mode (another problem I have in 20/20 hindsight) anyway, so it goes....bound to go one ASIC too far from 2013 anyway....so 2018 is my end game...no more data halls or big miner (scrypt-pow)...hell was happier as a hobby ASIC miner with just a couple in the basement anyway...but I mean really....get the units and they are NOT even going to be worth taking out of the box? sheesh.....at 19c a day .not worth the PSU to run them (which they supposedly still say they are providing..unless I missed a memo) ....so.......ie...new in box doorstops or ASIC wall art... so 33% loss...with them never to run...or if I probably would have been in HODL mode anyway...call it even..pick your rationalization (i've been doing that quite often with my HODL mode since 18k BTC and now 5.9 BTC....(hey, picking the wrong horse, it's a gift!) FML later brad p.s. anyone who wants to redirect me to the unicorns/rainbows/and fairies...feel free...I'd love to be frigging wrong ..but the reality is I REALLY can't see even bothering to turn these own....IF they come with PSU's would make more sense to leave them in the box and sell the PSU's on eBay instead...I mean really, really would make more sense to do that...sheesh... IF YOU DO NOT BELIEVE IN THE TECHNOLOGY THEN KICK ROCKS NOOB ===> I TALKED TO THE DEVELOPER OF SIA FOR 3 HOURS THE OTHER DAY ~ EVEN WHEN I EXPLICITLY SHOW YOU OUR NEW PROJECT PEOPLE LIKE YOU CONTINUE TO IGNORE THE OBVIOUS I'M GLAD YOU GREEDY MINER GOTTI STUCK HODLING THE BAG YOU ARE A GREEDY RAT BASTARD  LOL ==> https://freiexchange.com/market/BTI/BTChmmmm.... my point is...IF THERE IS NO NETWORK FOR THE ASIC's when they arrive..then there is no sia-tech vision and decentralized network that can work (according to them they needed asic's for this to work) ...so if that is the case...they just flat out lied...took the BTC and this is a long con... IF they have a network in place...even if the ASIC's only make enough to take care of electric (even on paper and the miner's HODL) then it will gain steam.. my point is you can't have it both ways and say 1) the price of siacoin does not matter in that it is based on scarcity (now no asic's) and the potential viewpoint of a network (not in place as they said it would be) or 2) the ASIC folk investing in your equipment *upfront* on a promise that the network you have a vision for is in place..thus again ... no way forward that way either so if you have the ASIC network go up you have then proved your decentralized vision for storage exists...if NO ASIC's up then sia-tech proves it either was a scam to sell equipment ...or that they can't follow through on the vision..thus either 1) or 2) when the ASIC's hit the world from Obelisk..means this coin goes no place. IF again, they have a working network and the ASIC's plug in to such and thru such a promotion the promise is kept..then folk will buy into this storage solution and it all works..but without that ...anyone wanting to use this service just sees the ASIC fail and back to GPU miners and they walk... again, you promise something and don't deliver ..there are consequences yeah, greedy miner indeed....not even talking about ROI at this point...just talking about enough electric (on paper even if I HODL) to justify turning them on with no one saying anything about ASIC incorporation into the sia-tech network in 2 weeks when 'supposedly' the units arrive...wtf am I supposed to think? brad |
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Ok...so they won't do it...I get that
but IF, they or you had the power....and they wanted to do a 51% attack to promote BCH...how would they or you go about such?
(again, talking full evil here max damage)
just curious what would happen if someone did pull the trigger on this and try to destroy BTC...how would it play out?
as to if they will do so..they won't so...yeah...you all that have ....they won't do so.
But playing 'what if' now...would it all shake out in your view?
brad
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