500 TH = 1,5M of chips = 46875 blades If one blade is produced in 1 minute that means over a month of instant (24/7) production. No one will buy those blades in December. There will be 10 times more efficient equipment already.
500TH will be ready on October not December, according to friedcat's update. Moreover, you've probably under estimated the speed of one product line (a product may takes 10s of minutes to be assembled, but to stay in a position for 1 minute is pretty slow and not likely happen in modern product line), let alone it's totally possible multiple product lines will be used. yes, but point remains. why would anyone buy 130 nm equipment now? Right now? Because no one else is actually delivering right now. Or am I wrong? I have been told you have to wait until October to purchase a bitfury miner.
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Why not use your towtoad account?
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I think MPOE-PR was talking about the fee to get your asset listed, not the transaction fees...
Ah ok, well that would be far easier because 35 * 5 = 175 bitcoin. I am sure thats possible to refund.
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Dang, I'm going to miss that big old wall. *sniff* It helped get me so many Cheap Shares tm and now it's gone forever. This has to be a joke account or something...
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When he bets 100 and loses he bets 200 , if he loses that he bets 300 , and thats it , he doesnt have 400-500-600 bet options , hence when he loses 300 , he bets 300 once again which keeps him from a losing streak bust . He could lose like 10-15 times and might still have enough coins to comeback This is a good point you make. This is very important to understand. Most players go bust because there is nothing stopping them from betting their entire bankroll in one hit. Nakowa will take longer to bust because he cannot in any way risk 5,000 on 2x payout at once.
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Ok, but how do I know how much is the "enough" funds This is not a concern, as soon as you divest your money is no longer being used as bankroll. Just because you cannot withdraw a large amount of coin immediately does NOT mean you can't pull all your investment whenever you want.
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correction: 796 has very high withdraw fees.
Screw them, then. They also have a very awkward interface. I see. I'm not very familiar with them at all, other then that they have some kind of HK license for dealing with money. I think bitfunder is the way to go. Being listed on 796 could give us some extra protection, plus being on multiple exchanges would make things much easier for people, especially if there was a way to transfer shares. Yeah but I would rather not have to spend 1000x on a withdraw to the blockchain fee.
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Are you prepared to do this for the long haul? After this big loss, you might not be earning commissions for awhile.
This is not true, any new investors will pay commision on their profits. Last time this happened many new investors came to the site and dooglus was earning commision even though some investors were still negative. Remember its commission on profits, so a new investor who has not taken a loss will be generating profits.
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I sent a request for transfer earlier today. I hope I don't miss out on divs
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Doesn't MPEX still require a $4000 fee to start trading?
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Perhaps lowering the max bet would be a good idea. How many real life casinos allow for 1% of bankroll bets?
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That withdrawal fee is absolutely unacceptable and makes it clear they are in this to make a quick buck.
Yes, that would mean I would be making a withdrawal to the blockchain and it costing me 1 btc as opposed to 0.001 Please tell me why its so expensive to withdraw bitcoin again? The software is free and open source!! rip off central over there!
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It is probably in the high single digits for his combined sessions. Waiting for that data to be provided.
Dooglus just posted a tar file to the JD chat bug.
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He had a 17.6% chance to finish as well or better than what he did.
When that percentage is constantly single digits then we worry.
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796'fee is not too high.
Tier Accumulated trading volume Commission for Futures Trading Commission for Stock Trading Handling fee for Withdrawal VIP0 0 0.30% 0.25% 0.30% VIP1 10 0.30% 0.25% 0.28% VIP2 100 0.30% 0.25% 0.26% VIP3 1000 0.25% 0.20% 0.24% VIP4 10000 0.20% 0.20% 0.22% VIP5 100000 0.15% 0.15% 0.20% VIP6 1000000 0.10% 0.10% 0.18%
Dude they have a percentage based fee for withdrawing your coins to the blockchain. That is total wank.
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Dooglus, I am of the opinion that he will lose everything to the site, eventually. Taking the site down will rob the investors of that opportunity. Also we have close to 30,000 bitcoin invested so there is still confidence.
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What I want to know is this: after six months during which you've charged users superlative fees for using imaginary services you failed to provide, how exactly are you going to effect the refund of those BTC?
Haha not going to happen, refund all fees? He would owe me at least 2-5 bitcoin in fees probably. MPOE-PR, they are still charging fees even right now and still keeping hold of that 0.0025 reserve in the wallet. I'm sure they don't plan a refund if they are still taking as much profit as possible.
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If you want a positive. It is possible people will divest back down to 20,000 invested and then Nakowa may lose it all. This would represent a 50% gain for all investors that are still invested at that point.
Of course the negative is the site goes below 1000 coins before Nakowa goes broke and he gets bored because there is no money left on the site to win. Then its over.
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4500 + (6400 -> - 5000 = 11,400)
= 16,000
Nakowa is now 16,000 bitcoin up.
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