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261  Alternate cryptocurrencies / Altcoin Discussion / Re: New Feathercoin Exchange! BTER.com on: May 01, 2013, 12:11:45 AM
On withdrawing some FTC I was apparently charged a 0.2% fee - however I don't see any mention of this fee anywhere on bter.com

EDIT: I am however very glad to say decent quantity of FTC withdrawal was otherwise successful.

Sorry we forgot the mention the 0.2% withdraw fee on FTC withdrawal page. We have done so.
You can PM me if you did the withdrawal before we mention the fee. I will refund your fee.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: New Feathercoin Exchange! BTER.com on: May 01, 2013, 12:10:04 AM
I have an small BTC deposit with 10 confirmations now that has yet to be credited to my account (which they claim happens automatically after 4 confirmations)... be careful.

Crypto-currencies are credited within 1 minute after accessing this page or "My funds" page and only after 4 confirmations of the transaction in the network.
263  Alternate cryptocurrencies / Altcoin Discussion / Re: New Feathercoin Exchange! BTER.com on: May 01, 2013, 12:02:56 AM
No, and it's also not letting me withdraw with more than 1 digit significance.

I have 14.21999485 BTC but I can only withdraw 14.2. Any extra numbers I put in there get immediately removed.

we attempted to avoid the network fees in this way. Now you can type in 3 decimals in stead of 1. I hope you are happy now.
264  Alternate cryptocurrencies / Altcoin Discussion / Re: New Feathercoin Exchange! BTER.com on: May 01, 2013, 12:00:45 AM
But here's the thing.. there are listed buyers at that price and sellers at that price.. but no trades happening?  I don't get it right now.

Actually they are not the same price as it's shown because It only displays 5 decimals while the precision is 8 decimals.
265  Bitcoin / Group buys / Re: [Group Buy] Avalon ASICs CHIPS! Using JohnK as Escrow! 680/780 BTC PLEDGED! on: April 23, 2013, 02:35:44 PM
payment sent from freeworm
Net amount: -20.535 BTC
Transaction ID: 4c240ce1b94969617418c438656954d22b01793d0d97fe8fee24d643c622e9d4
266  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 08:15:41 AM
So if I'm seeing things right, it's one unit doing 23.23 GH and consuming 179 watts.  That's about 7.7 watts per GH.

At that rate a 60 GH Single SC would require 462 watts, which would need to be split into 4 separate units to keep each under 120 watts.

That would be ~ 115.5 watts per 15 GH unit.

I've got 2 Single SC's on order, so that would be about 924 watts total load, or about 665 kWh per month.  At my rate of $0.25 per kWh, they would cost about $166 per month to run them.

924 watts for 2 SC's is a far cry from the 120 watts I was expecting.  But hopefully they'll improve things before they ship more out.


it can make you a lot money if they can ship it to you soon even if the power consumption issue is not solved.
267  Bitcoin / Hardware / Re: Avalon batch 3 is almost $6000 on: March 27, 2013, 08:26:02 AM
if BFL ever delivers you'll be shit out of luck cause they'll pump out 200-300 units a day.

I lose a little more faith in humanity each time I hear someone still believing in these absurd tales.

Even if there's no more other competitors releasing any asic product to the market, the ROI of batch#3 would be around half a year from the time you pay for it.
Let's compare this with GPU mining.  Let's say we buy a second hand 6990 for $350 USD (current market price).
Based on the calculation at http://www.dustcoin.com with the current difficulty, the ROI of one 6990 is 2.5 months.  Since the difficult is increasing, we may need 4 months to mine $350 USD from now.
But the ROI time is still less than or comparable to the batch#3 asic.  

Plus, you can sell your 6990 for $200-300USD  4 months later in case BTC price drops or the difficulty is too high.

So the question is why people invest $6000 in batch#3 with high risk while even investing in GPU(not to say FPGA) mining is more/equal profitable with no risk?
268  Bitcoin / Hardware / Re: Avalon batch 3 is almost $6000 on: March 27, 2013, 07:03:34 AM

In my opinion, the rise from 1500 to 6000 is due more to the rise in the trading price of bitcoin, and the comparative profit potential of a machine that can make 3 btc per day (currently)


Based on your opinion, let's predict the price of batch#3 by assuming the BTC price drops?
Let's say the BTC price drops to $1 and this machine have the potential of making 3 BTC per day.
Based on your opinion, they should sell batch#3 for around 100 BTC which worth around $100USD.
Don't you think it's ridiculous?
269  Bitcoin / Hardware / Re: Avalon batch 3 is almost $6000 on: March 27, 2013, 04:51:29 AM
Are people really paying this much for a miner? That's a shit load of money and if BFL ever delivers you'll be shit out of luck cause they'll pump out 200-300 units a day. Apparently Avalon is in it for the money, I thought they were here to protect the network. Hahaha, a little money on their lips and they got the greed bug.


yes, the price is $6000 (or 72.36 BTC)

but this is simply inflation of $fiat$ ....

many people ordered batch 1 at around 100 BTC. so the price measured in BTC has actually dropped.

People need to stop measuring value in dollars, the time of central bank controlled fiat is coming to an end (though it may still take years)

Which brings me to the biggest problem I have with people complaining about the price: Ask yourself, what would you do if you were selling a product for $1500 and people were re-selling your product for over $15,000? Do you think you may consider raising the price a little?

I know I'd be as mad as hell if I created something, and shared it with a bunch of people, and then those same people profited from my hard work by ten-fold with no additional work or value added of their own.



Once again, they are not selling their product for $6000. They are selling it for 72.36 BTC. And my projections tell me that this product will create at least 72.36 BTC in a maximum of 3 months, even in a worst case scenario... And you have the nerve to complain that you can't make profit off of their hard work in less than a month?

Now who's got the "greed bug"?  



the re-selling is batch#2, not batch#3. a big difference
who is willing to take batch#3 for $15,000?
270  Alternate cryptocurrencies / Mining (Altcoins) / Re: GUIMiner-scrypt: A GUIMiner fork for mining scrypt chains on: March 10, 2013, 08:25:01 PM
finally we have a nice GUI miner
271  Economy / Scam Accusations / Re: Jason Shea aka CardinalG - Internet scammer. on: March 07, 2013, 10:03:19 PM
I have a feeling we should watch local Dieppe news or NB news... I have a strong feeling his face will be on it shortly Smiley 



An update.
Today CIBC called and said Jason Shea's bank account has been blocked and they are doing investigation.


I have yet to hear from my bank... however detective Goth called me this AM and mentioned he is getting the Dieppe local police dept involved - one step forward...

Great news! cannot wait for more inforamtion
272  Economy / Currency exchange / Re: [WTB] 1-100 BTC for LR US (mtgox avg) or PP US (mtgox avg +2%) on: March 06, 2013, 12:46:32 AM
Please combine with https://bitcointalk.org/index.php?topic=149493.0 and move that one to obsolete buying.

Done. thanks
273  Other / Obsolete (buying) / [WTB] BTC-e codes for Liberty Reserve (LR US) on: March 05, 2013, 11:42:15 PM
Still have plenty of LR. Please PM me
I can transfer first to trusted sellers


already combined with https://bitcointalk.org/index.php?topic=149490.0
274  Economy / Currency exchange / [WTB] 1-100 BTC (or BTC-E code) for LR US (mtgox avg) or PP US (mtgox avg +2%) on: March 05, 2013, 11:21:56 PM
I pay PP US at mtgox avg + 2% or liberty reserve at mtgox avg
I can transfer first to trusted sellers or do escrow

If you have BTC-E code, I can get it at 1:1.

1-100BTC are all welcome. Please PM me. we can rate each other at BTC-OCT or leave feedback here
275  Economy / Scam Accusations / Re: Jason Shea aka CardinalG - Internet scammer. on: March 05, 2013, 04:57:43 PM
I have a feeling we should watch local Dieppe news or NB news... I have a strong feeling his face will be on it shortly Smiley 



An update.
Today CIBC called and said Jason Shea's bank account has been blocked and they are doing investigation.
276  Economy / Scam Accusations / Re: Jason Shea aka CardinalG - Internet scammer. on: March 04, 2013, 08:54:08 PM
Perhaps if you report him to PayPal for fraud they may freeze his account temporarily.

already reported. it's under Paypal's review
277  Economy / Scam Accusations / Re: Lightning miner ! 4ghs 80 usd Wow on: March 04, 2013, 09:40:13 AM
Scammers know people here are so eager to pay a lot to get ASICs as faster than others as possible.
It's a perfect opportunity for them to grab a huge amount of un-traceable money from people out of mind.
That's why they suddenly come out telling too-good-to-be-true stories
278  Bitcoin / Hardware / Re: PrimeAsic - 80 Ghash/sec Asic Miner on: March 04, 2013, 07:41:27 AM
Minimum Information

  • Price including VAT
  • Payment methods
  • Shipping times and price for EU/World
  • How many units available
  • Technical specifications

And as mentioned, proof of existence (30+ units mining on a pool, pictures of stocked units)

it would be clear in a couple of hours. I am excited, cannot wait long for this. to be honest, i have a bad feeling of this story
279  Bitcoin / Hardware / Re: Looking for system integrators for new asic on: March 04, 2013, 07:37:18 AM
Bump this thread a little, this is more likely to be coming months' topic  Smiley

Many people here must have contacted with him already. Why not say something and confirm if this is real?
280  Economy / Scam Accusations / Re: Lightning miner ! 4ghs 80 usd Wow on: March 04, 2013, 07:33:08 AM
1 week old domain/site, a no go.
Give 'm a call?
Administrative Contact:
    Contact Privacy Inc. Customer 0133634105,   multiversecomputers.com@contactprivacy.com
    96 Mowat Ave
    Toronto, ON M6K 3M1
    CA
    +1.4165385457
 

They are located in Toronto in Canada and domain name registered 8 days ago?  Fake information in very high probability.
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