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2701  Alternate cryptocurrencies / Altcoin Discussion / Re: Alpha Technology Viper Scrypt Miner List of Orders on: January 09, 2014, 10:57:23 PM
Cancellation policy sucks.
Information looks ok if they can get their "ASICs" cheap in bulk

An FPGA is NOT an ASIC Smiley.

FPGA = Field Programmable Gate Array (CAN DO ANYTHING THAT YOU CAN PROGRAM ON IT)
ASIC = Application Specific Integraded Circuit (ONE FUNCTION OPTIMIZED)
2702  Alternate cryptocurrencies / Altcoin Discussion / Re: [DIME]Letter of apology for dimecoin users on: January 09, 2014, 10:13:08 PM
People are still receiving free moneyz in from dimecoin so his apology is useless.
See thread: "[GIVEAWAY][DIME] Daily | over 10,000,000 coins | 1000 coins every post]"
2703  Economy / Speculation / Re: Bitcoin 2000$ poll on: January 09, 2014, 08:54:36 AM
What are people doing on this forum when shouting "Bitcoin is done for!".
In my opinion this can only mean one thing .... they want back in with cheapies  Grin
2704  Economy / Speculation / Re: btc-e now has the biggest daily volume on: January 08, 2014, 07:03:19 PM
because it is the best Exchange  Wink

Yep they rob their customers Wink
Just to clarify I know someone who lost 2 BTC without getting any confirmation emails... nothing... I don't trust them any more.
2705  Economy / Speculation / Re: Downtrend started? on: January 08, 2014, 06:27:13 PM
Hopefully this is the last spanner in the works from China.  Undecided

At this point we have heard the worst China has to say.  There will be more positives coming on a weekly basis throughout the world.

+1 - there is a lot coming now and to come and this is why the price is so bouyant - market sentiment is actually good!

I truely believe in bitcoin and much good stuff is coming. Hope that no other countries adopt the Chinese way of enforcing bitcoin.
Bitcoin is resilient enough to survive and keep on going as long as the internet is not censured. Bitcoin keeps recovering from these "glitches" which proves that bitcoin is really good.

Well I'm in for atleast 3 years of Hodling and gathering more. Either I make it big or I lose trying Smiley
2706  Economy / Speculation / Re: Downtrend started? on: January 08, 2014, 06:00:16 PM
Hopefully this is the last spanner in the works from China.  Undecided
2707  Economy / Speculation / Re: Bitcoin 2000$ poll on: January 08, 2014, 04:20:09 PM
You guys are crazy.  As sources have clearly demonstrated over the past few days, bitcoin is done.  It's reached its maximum usefulness and user base last year.  2014 is the year of the slide to complete obscurity and failure.  The confirmed bad news of the past few days has made this clear.  Get out while you can.  Bitcoin will never see new highs again, this is confirmed by sources close to some government officials in a few countries.  Just google it.  Sources are in Chinese, of course, for anyone to read and verify.

If you live in China you are probably correct. For the rest of the modern world it's FUD.
2708  Economy / Speculation / Re: Best time to invest in BTC??? on: January 08, 2014, 04:17:38 PM
...
please add more

End-game Cheesy
2709  Economy / Speculation / Re: The FBI will NOT be able to sell the coins on: January 08, 2014, 03:25:02 PM
I say destroy the coins pushing up the price Cheesy
2710  Economy / Speculation / Re: Best time to invest in BTC??? on: January 08, 2014, 03:22:00 PM
i wonder when another crash will strike..




I prefer the term "correction", since the price always ends up higher afterwards. Crash implies something far worse.

Even worse is the term "collapse" Cheesy
2711  Economy / Speculation / Re: Bitcoin 2000$ poll on: January 08, 2014, 03:20:34 PM
I'm positive and voted for march but it probably won't be that soon.

+1
We have had quite some bad news and have pulled through every time so hopefully bitcoin won't be influenced as much anymore.
Bitcoin will hopefully prove itself as " The honey badger of currency" as in "it don't give no fuck about bad news" Smiley

I hope April will be a good positive push but I fear China will keep on pushing weak hands into panic selling.
2712  Economy / Speculation / Re: Major volume trading going on! on: January 07, 2014, 10:16:39 PM
Some dude on BTC-E has a buy wall of 240BTC on LTC/BTC he must have faith in LTC or he's pushing up the price Cheesy
2713  Economy / Speculation / Re: China bans bitcoin mining hardware on: January 07, 2014, 07:29:57 PM
Hope they ban all mining equipment .... gpucoins, cpucoins, etc.....

The future for china
2714  Alternate cryptocurrencies / Altcoin Discussion / Re: [15,000 COL Colossuscoin Giveaway] 100 COL To Each User on: January 07, 2014, 07:24:33 PM
dump it on me Cheesy

w6YE94ePPdwhTT2BbtYBwo6fFJVaPJ6N2
2715  Economy / Speculation / Re: I own BTC and part of me doesn't want it to reach $10,000 because on: January 06, 2014, 09:19:21 PM
I guess too many ppl have 100 coins and wait for 10,000 so they call themselves millionaires.

If you guys reach 1M, think of this: that kind of money is JUST ENOUGH for a great life for you and your loved ones. I can go into details but I'm not sure anyone will listen.

Yes it's enough to live a great life, but I still want to own a ferrari or a lambo. What now?

If you want to scale up your life and own a Ferrari or a Lambo then you will need multiple millions unless you only want to own a Ferrari or Lambo and be broke.
I'm not an american but i will try out the calculation of scaling your life to a luxury like that. I'm using scaling since all costs surrounding a car like that are also very expensive.

Let's say you buy a normal car now you will buy one for the average of 30k and will last you 10 years if you drive it till it's end.
Let's say you have an average joe year salary of $50k

You will have earned $500000 in those 10 years and you have a 30k car.
Now you want a $250k Lambo for 5 years (these cars don't last as long as average cars).

You will need $5M to be able to afford a car like that. This translates in $4.5M in bitcoin and you still need to remain working.

I would not buy a car like that if I owned $10M I would hire one for a week or so.

not really, depending on circumstances (i.e. single, no commitments), you can own a second hand one comfortably if you're worth "as little as" $1-2m. all you really need to own a ferrari/lambo is $250k that you don't need for a while. Real cost of owning it is ~$25k year for depreciation, insurance, maintenance etc. there is also the opportunity cost of that $250k, but overall it's not as difficult to own as you make it seem.

It's unlikely I'd buy a $250k car with "only" $10M net worth. That's 2.5% of all you own just for the purchase alone.

it depends on your priorities and how badly you want the car. think in average joe terms, does his car cost 2.5% of his net worth? yeah, it probably costs a lot more than that.

Following your debate I agree with you both.

If you want a Lambo for 4 years and want to live in a crappy apartment then you can do this with $0.5M. Some people are like that, I'm not.
On the other hand if you want to adapt your full lifestyle to a 250k car and a house that comes with the territory you need more to maintain that.
My calculation was based on scaling up your life if your an average Joe and still think my calculation has some truth.

If I get a few $1M for my BTC I would buy a nice house (not to big) in a nice area with some privacy. Put in a few luxuries like a pool and jacuzzi to relax and try to invest the rest and create an empire and live off of it's procedes Cheesy.
2716  Economy / Speculation / Re: I own BTC and part of me doesn't want it to reach $10,000 because on: January 06, 2014, 08:13:37 PM
I guess too many ppl have 100 coins and wait for 10,000 so they call themselves millionaires.

If you guys reach 1M, think of this: that kind of money is JUST ENOUGH for a great life for you and your loved ones. I can go into details but I'm not sure anyone will listen.

Yes it's enough to live a great life, but I still want to own a ferrari or a lambo. What now?

If you want to scale up your life and own a Ferrari or a Lambo then you will need multiple millions unless you only want to own a Ferrari or Lambo and be broke.
I'm not an american but i will try out the calculation of scaling your life to a luxury like that. I'm using scaling since all costs surrounding a car like that are also very expensive.

Let's say you buy a normal car now you will buy one for the average of 30k and will last you 10 years if you drive it till it's end.
Let's say you have an average joe year salary of $50k

You will have earned $500000 in those 10 years and you have a 30k car.
Now you want a $250k Lambo for 5 years (these cars don't last as long as average cars).

You will need $5M to be able to afford a car like that. This translates in $4.5M in bitcoin and you still need to remain working.

I would not buy a car like that if I owned $10M I would hire one for a week or so.
2717  Economy / Speculation / Re: wow, bitcoin's astro birth chart is full on! on: January 06, 2014, 07:28:52 AM
Bitcoin, Your Birthday Horoscope for 2013 01 03 is...



IF ITS YOUR BIRTHDAY TODAY your year ahead will be ambitious, bossy, a time to get cracking and make everyone around you sit up as well. There will be sudden changes at home which you'll handle better if you stay calm and don't leap to conclusions. Old, loyal friends will be a great support as will one close partner. You'll be sharing more activities and interests together. From mid year your finances will improve with generosity coming your way and more intimacy with loved ones.


2013? your a year late... Cheesy
2718  Economy / Speculation / Re: What happens on Monday? on: January 06, 2014, 07:21:31 AM

When the bitcoin in tha cribb ma.
HODL while it HOT!! HODL while it HOT!!

When the bulls try to get at yea
HODL while it HOT!! HODL while it HOT!!

And if a bear get a attitude
HODL while it HOT!! HODL while it HOT!!

I got the coinz in da wallet and I'm pouring Chandon
And I roll the best weed cause I got it going on

Cheesy



 Grin Grin Grin Grin Grin

I actually wanted to tip you for this, song is stuck in my had. But I do not own DVC...

I don't give a shit about DVC but I get free coins for promoting it Cheesy
You don't have to tip me... HODL!! your coins.

Some more: Cheesy

I'm a big fish, but y'all knew that
Da Big Whale, yeah I had to do that
I keep a paper-wallet hanging out my backside
But only on the left side, yeah that's the scrypt side
Ain't no other way to play the game the way I play
I pump&dump so much you thought I was in replay
[scratches] "two!" - "one!" - "yep, three!"
Got me myself some B-T-C


P.S. I claim the rights for this version. If anyone wan't to make a CD with it I'd like a small percentage Smiley
2719  Economy / Speculation / Re: The Whale Temple on: January 06, 2014, 07:14:28 AM
If a whale can dump 1000s of bitcoin. With how many bitcoin are you considered a "big fish"?
2720  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dying???? on: January 06, 2014, 12:24:59 AM
EAC-shill: DOGE is still the most profitables coin to mine. Just go multipool.us and see what they mine.

Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme. Wink

Earthcoin and every other well marketed coin comes like a tsunami and then when it goes by nothing is left.
Ofcourse some will survive but 99.9% of those coins were only made to make the maker richer.

Yep DOGE is still OK

much crash
low difficulty
very miney
wow

Cheesy
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