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2701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2013, 05:09:45 AM

I talked with a rep at Fidelity. He says they're still reviewing BIT. In any case, this is a big step that they're even considering it.
2702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 12, 2013, 01:19:14 AM
the problem with this is, you dont get to hold your btc...

you have to trust someone else to manage it for you.

Which is a very good thing for some people. With Fidelity owning $1.7 trillion in assets, you don't have to worry about them getting "hacked" and losing your coins.
2703  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: December 11, 2013, 09:07:50 PM
Nice looking setup.

2704  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: December 11, 2013, 09:02:19 PM
Allow me to introduce you to the concept of PARAPHRASING:

Allow me to show you the real quote:

We will be shipping in October.

There is no way to "paraphrase" "will be" to "earliest possible". Your "paraphrase" is an all out lie.
2705  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: December 11, 2013, 08:50:28 PM
You made the decision to fixate on the earliest possible ship date.

That's a nice term you made up, but that was never HashFast's claim.
2706  Bitcoin / Mining speculation / Re: KNC Saturn - Worth 9 BTC? on: December 11, 2013, 08:26:44 PM
5.75 btc worth it for one?
quick answers really appreciated

Bitmain is selling 200 GH/s for 4.25 BTC, so 5.75 is a decent price for a Saturn.
2707  Bitcoin / Hardware / Re: BFL Monarch Update Shipping of first device now Feb 2014 on: December 11, 2013, 07:32:39 PM
Nobody reads the forums. You have to go by the product page:

Quote
November / December    Initial Shipping

Quote
Our 28nm competitors have never delivered

Quote
Since this is our 2nd generation ASIC chip, we're largely free of risk from the pitfalls normally associated with a new chip design.

Quote
Shipped more ASIC than all competitors combined
2708  Bitcoin / Hardware / Re: New BFL Product 250GH Miner for $11k available on 12/31 on: December 11, 2013, 12:12:06 AM
Bitmain, 200 GH/s, $4000, 400 watts, already in stock and available for immediately delivery.
BFL, 250 GH/s, $12000, 1200+ watts, might be delivered next month.

I think the choice is quite clear.
2709  Bitcoin / Mining speculation / Re: Mining at Home dying out on: December 10, 2013, 05:34:30 PM
KnC Neptune draw 2.2kW at the Wall

KnC is just at the extreme. Every other manufacturer is offering lower power units that still run fine in the home.
2710  Other / Archival / Re: PAPA ASIC NEED FUNDING PLEASE PARTICIPATE on: December 10, 2013, 04:32:59 PM
hi guys

the ic company have received some samples

there are ongoing tests but here is the first results:

If core voltage is 1.20V, this chip can reach 780MHs

 If core voltage is 1.55V, this chip can reach 1GHs

 1.55V is the maximum voltage.

Here's some very important advice. Ppost some photos and videos of these "samples" actually hashing. That would go a very long way to establishing your project as real.
2711  Economy / Speculation / Re: PayPal president David Marcus: Bitcoin is good, NFC is bad on: December 10, 2013, 04:16:36 PM
PayPal already handles multiple currencies, including exchanging between them. Bitcoin could easily be just another currency for them.
2712  Bitcoin / Hardware / Re: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip on: December 10, 2013, 03:34:40 PM
Aw, come on. Can't they put a couple 6-pin pcie power sockets in place of the terminals?
2713  Bitcoin / Development & Technical Discussion / Re: Transaction fees too much? on: December 10, 2013, 05:54:48 AM
Virus are unlikely to target miners.
Keyword 'unlikely' Wink

Seriously? You think some cross-platform virus is going to take out every miner in the world? Do giant asteroids colliding with earth worry you too?
2714  Bitcoin / Mining speculation / Re: Bitcoin difficulty is slowing down? on: December 10, 2013, 05:42:42 AM
I'm enjoying the breather, I might get 3 BTC from my single instead of 2 Smiley

A 30% difficulty adjustment increase is a breather?
2715  Bitcoin / Hardware / Re: megabigpower.com - expansion cards now available on: December 09, 2013, 10:06:42 PM
Someone pump the exchange rate to over $1200 so that purchasing these makes sense at the new bulk rate.
2716  Economy / Speculation / Re: Will BTC hit $10.000 in Q1 of 2014 ? on: December 09, 2013, 07:53:29 PM
extremely unlikely i'd say. when people measure btc's increase in terms of ratios, they think "it's only 10x of what it currently is." but people seem to forget that 10x of where we currently are.. is a really big market cap. it means at least 100 billion more dollars need to enter the market.

"market cap" doesn't really exist. Not all coins in existence are available on the market. If sellers stop selling at less than $10k then the price will rise to $10k. This could happen with no additional money in the market.
2717  Economy / Scam Accusations / Re: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan on: December 09, 2013, 05:33:49 AM
Yeah I mean...  We have delivered more units than every other company combined ten times over...

No, that record belongs to ASICMiner.
2718  Bitcoin / Bitcoin Discussion / Re: Satoshi has how many Bitcoins? on: December 09, 2013, 05:23:10 AM
There is no BTC wallet with 980K coins. The richest wallet contains 144,341 BTCs and is tagged as DPR Seized Coins.

You don't know that. Wallets can contain any number of keys, and you would have no way of knowing how many coins are in it.
2719  Other / CPU/GPU Bitcoin mining hardware / Re: Black arrow prospero x-3 odds of delivering in time? on: December 09, 2013, 04:37:01 AM
And yes I know the KNC sig is a bit much, lol.

Let me know when you take the horrible colors out of it. Until then, /ignore.
2720  Bitcoin / Hardware / Re: 28nm vs 20nm on: December 09, 2013, 02:28:05 AM
Who said they aren't making more chips. They always said they will mine too. They are making them for themselves while they locked up their customers in the next gen chip.

Yup. Now that all the R&D is done, they can make really cheap miners and keep them in their hosting center for massive profits.
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