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2641  Economy / Exchanges / Re: Official CaVirtex.com Thread on: January 18, 2015, 10:03:48 PM
CAVIRTEX your site says "Direct Withdraw 3-5" days! I deposited Monday morning on January 12th. It's been over 5 days and I still can't use my deposit! Now the price is going up.. what's going on? Why are you guys so slow? Don't write on your site 3-5 days when it's actually going to take you much longer.


In 2013 bill pay option took 1-3 days.  Now with free access to my account, it takes 9-10 days for direct withdrawal.  Pretty sad when weekly deposits are stacking up in the pending column.  Id even use the insanely expensive interac deposit system, if it worked.  Oh well.  As stated before, its not like there is a better option right now.
2642  Economy / Exchanges / Re: Official CaVirtex.com Thread on: January 16, 2015, 03:41:32 PM
I'm still waiting! Angry It's been over a week! Angry This is making me really angry now! Angry I watch bitcoin hit $210 CAD & I should of been able to buy a few days ago! Angry I'm wasting my time refreshing their website & my opportunity is gone because of their incompetence! Angry Now people are buying for over $260 CAD!  Angry  Angry  Angry  Angry  Angry  Angry  Angry !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It always takes a whole week before bank transfers are cleared. Banking processes are slow... 

The website has always maintained 3-5 business days.  5-7 is actually typical, but by the time you roll a couple weekends in there, it's pushing 1/2 a month.  To push a fucking button.  Whoever is responsible,  it is unacceptable.  It's not like there are any other options though  Angry
2643  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 16, 2015, 02:12:43 AM
what do you think will be the price of xmr in 2016? its confusing with all those numbers

Yet another number  Undecided
2644  Economy / Exchanges / Re: Official CaVirtex.com Thread on: January 15, 2015, 08:48:03 PM
No one is ever available to answer the phone over at Cavirtex, I always get the answering machine. They didn't respond to my answering machine message either left 4 days ago. It pisses me off they raised their Interac fee to $25 per transaction & lowered the limit. Now I have to use direct deposit & when they say 2-5 business days processing time it's usually well over 5 days into the next week before I can use my funds on their site.
Yep. My average is about 9 days. Strangely, the latest was lunch time Sunday.   WTF?  I've been blaming the banks, but maybe it's internal delays. 
2645  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: January 15, 2015, 07:55:55 AM
So i havnt really been keeping up with whats going on here. Do we have databases worked out? Do we finally have it so that monero isnt loading the blockchain into ram? Do we have a dev supported gui? In general whats changed?

https://bitcointalk.org/index.php?topic=583449.msg10062838#msg10062838
2646  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 15, 2015, 01:08:56 AM
Did friedcat say that there was a financial report coming, or are people here just expecting it because it's about due for one?

'About due' was October, IIRC.   
2647  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 15, 2015, 01:05:42 AM
so doing some maths, if the avg btc gets to 136$ over 24hr period this will equal the maintenance fee

1Th/s = $1.555/day earning @ current difficulty and btc = $136

[...]

Let me know if my maths isn't correct

You're correct.

1 TH/s generates roughly BTC0.01144 per day at the current difficulty, and with a maintenance fee of $1.551 an equilibrium is reached at ~$135.61.


Mining at a loss does not imply selling at a loss.  [...]

...what does that even mean?

If you're mining at a loss, you're essentially "buying" Bitcoin at a higher price than you otherwise could on the market. If, for example, mining a single Bitcoin has a prime cost of $200 (energy, space, cooling, etc) and the current price per one Bitcoin is $180 on the open market, it makes more financial sense to power off the mining gear and purchase Bitcoin directly. If you choose to sell that Bitcoin you just mined, you'd end up with a loss of $20.

IF the $ stays low.  A big farm has inertia.  Leases,  payroll, possibly other contracts.  It's not like pulling the plug, then plugging back in 12 days/weeks/whatever later as it > breaks even again.
2648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 07:26:04 AM
Full.  Retard.

$159 on Stamp.
2649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 07:24:30 AM
W T F
2650  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2015, 07:16:11 AM
It is time.....




Thank you  Grin
2651  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 10, 2015, 04:20:00 AM
I think financials are pretty redundant at this point. I bet FC has invested pretty much every liquid penny into the deployment of gen 4. Would love a heads-up or an ETA on the progress on the final BE300 chip, by the way  Smiley

How are they redundant?

Prior to the BE200 release, the financials showed lots of purchased inventory.  Little cash.  Little bitcoin.
These financials are assumed to show lots of purchased inventory.  Little cash.  Little bitcoin.

I'm assuming that's what HarmonLi meant by it.

https://docs.google.com/spreadsheets/d/12wJMe3A6Ie8ris86m2OJ_1vucurdcVtM3fDkNCjKIRI/htmlview?usp=sharing&sle=true

From past statements, they have lots of cash on hand.  -  statement to the effect: we don't have to worry about selling BTC for $ for a long time  -   I would think that they also have lots of btc on hand by now as well, Mining since July with a goal of 30-40% network.  And of forcing the hands of the competition.  See them dropping like flies?  this should be good news.  The Prismas were a setback, but hopefully a learning experience not to be repeated.  I'm picturing an exahash of cutting edge equipment deployed this spring for our enrichment, just as the btc price explodes - filling our laps with glittering bitcoins.  Sound good?  I like it Grin
 
2652  Economy / Exchanges / Re: Official CaVirtex.com Thread on: January 10, 2015, 01:14:31 AM
A big steaming FU to the banking system, as I complete day number 7 waiting for my deposit to clear.  Those fuckers can't go up in flames soon enough for me.  They  certainly debited my  chequing account ASAP.  Not so much on the delivery. I could have driven it across the country and back coast to coast, then turned around, and drove the cash to Calgary.  I'd still be home before my virtex account gets credited. WTF!!  10 days minimum, it will be.  What a joke. BTC better crash hard to make it all worth while.
 Cheesy

i feel better now
2653  Economy / Exchanges / Re: Official CaVirtex.com Thread on: January 07, 2015, 09:19:54 PM
This thread spooks me a bit.

I was wondering if there has been any issues with CAD/BTC withdraw? 

VOS just shutdown and I'd like another place to trade.  I am not a big fan I will need to give out my banking info but.. w/e I suppose.

(I don't care about stock options at all, no I do not mean to offend I am just not interested in if they are not paying out dividens although it does spell trouble)



I Never withdraw CDN, but deposits work in their usual week or so fashion,  and BTC withdrawals have been fine.  Low/no volume is normal here.
2654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2015, 04:33:47 AM
the bottom is in Cool

I think you meant to say: the bottom is clenched Cool

Virtex has 20 coins available at the equivalent of less that 260 USD each right now.

There is some serious selling pressure going on and it smells awfully fishy to me.


Virtex: Put up a sell, wait 5 days for the buyer to deposit fiat, complete transaction  Cheesy

I think the party will be over before last week's deposits show up.  Last one was 9 days  Undecided (through holidays)
2655  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 03, 2015, 06:20:15 AM
It's 2015. Are we going to see some financials soon? This is ridiculous

Another year, another x months waiting for financial statements
Either way it looks to be an interesting enough year for AM one way or another
Statements can be used as evidence afterwards.  It's unlikely they are coming at any time soon.  AM is probably just buying back all the share at original issue price.
What do you mean? You don't make sense? Evidence of what, exactly?
But really, with no financials, this is the kind of FUD that grows like mold in a wet basement.
Of course, some kind of super awesome chip board would be good to see. I just don't know if they are going to take all the profits and divert the into some other AM subsidiary.

Near a year with no dividend.  Self mining for 6 months.  Presumably at a ...Profit?
2656  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2015, 05:40:40 AM


Love that pic.

Meanwhile bids are getting filled at 336 on virtex (that's roughly 285 USD)

Odd that Canadians are that bearish.

Been that way for weeks, hanging well below bitstamp.  Fine by me  Smiley
2657  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 03, 2015, 01:43:09 AM
It's 2015. Are we going to see some financials soon? This is ridiculous

Another year, another x months waiting for financial statements
Either way it looks to be an interesting enough year for AM one way or another

Commence the weekly Happy Dance!
2658  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: January 02, 2015, 03:52:02 PM
The next difficulty adjustment will in aprox. 10 days and dividens are stable today for 714 satoshi,so why people are panic so much right now ?!

Should they all wait for the same exact moment when diff. adj. happens? Dont be a silly.

I have to say I almost invested into this big time(in my own measurement ofcourse) . Thank god I didnt
It was profitable.  Averaged out just before the last dif change @ 0.001185 - the writing was on the wall bid book.
2659  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2015, 12:01:10 AM
so bitcoin ETF for the new year it seems then.

Ya. Wall Street will save us Roll Eyes Cheesy

no, wall st. will save themselves ... just happens we built the liferafts and are selling the boarding passes Wink

greed and fear, we'll shove it right back down their throats

I think you underestimate Wall Street. Unlike most Bitcoiners, they know a pump and dump problem when they see it and have regulations in place to mitigate the damage

hahaha wall st. has regulations to deal with pump 'n dumps!

like MBIA, MBS, CDO's and Treasury Bonds I guess you mean?

you're a comedian right?

Like, for example the Dodd-Frank Wall Street Reform and Consumer Protection Act. This is post-financial crisis

Oh, the one gutted, essentially repealed recently.
2660  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 31, 2014, 07:47:47 PM
I venture that almost everybody here is a ballsy risk-taker who presses their limits.  Most of us will suffer for it (but in very limited, almost ludicrous, sense of "suffering", on the broad human scale), and a few will bank big-time.  My prayer is that the good guys fall mainly in the latter camp.


Truth.  If you are dabbling or swimming in crypto, especially alts, you/we are most certainly content/compelled to gamble/gambol on the edge  Cheesy 
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