Bitcoin Forum
June 24, 2024, 06:24:20 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 [138] 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 ... 218 »
2741  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 01:51:31 PM
I consider profitable anywhere from 7 to 9 bitcoins per day. Not 1.

If you don't keep upping your hashrate, you just keep earning less and less each day.

Right now, you need a good 400GH/s to earn 7 to 9 bitcoins per day. Imagine by August. Current ASICS are way overpriced. There is either going to be a huge drop in prices soon or a major disatisfaction from miners earning less than 1 btc per day. (Of course, for previous GPU owners that is an amazing amount of cash for them)
2742  Economy / Service Discussion / Re: Any o ther way to get cash on mtgox to paypal? Bitinstant down on: June 13, 2013, 01:21:31 PM
One thing to note:

FastCash4Bitcoins had a better set up (IMO).

They constantly update their current available balance in BTC to USD transfers, only offering up openly how much cash they actually do have in reserve. The amount available at any given time is seemingly divided by the number of orders there are among checked out users.

So the balances are always not round numbers.

------------

BitInstant though, they always keep either a round number (500) or they don't show any number (out of reserves).

So when they (BitInstant) probably has a heavy day of sales, they "over sell" the capacity of reserves.

Thereby always opening the door to complaining customers who have to wait *days* for BitInstant to fill up reserves with Bank Transfers, money that clears at an exchange and gets reloaded into reserve account(s).

It does seem to keep happening every couple of weeks these days. It also explains why users are attended to at different days rather than all on the same day and hour.

Meaning there is probably a finite financial pipe that BitInstant seemingly has that restricts how fast they can refresh their reserves. If I recall correctly, they even admitted this the last time it happened. Supposedly it was going to get fixed....
2743  Economy / Service Discussion / Re: Any o ther way to get cash on mtgox to paypal? Bitinstant down on: June 13, 2013, 12:57:31 PM
How are you supposed to use services like BitInstant, anyway? If you try to send Bitcoins to a Paypal or bank account (ACH) they ask for amount in USD. That makes no sense...

Our system internally only deals with USD, the new bitcoin payment method simply sends BTC to a partner who sells it on our behalf for X amount of USD.
I take it your partner would be MtGox.

User Pays BTC @ -5% Mtgox price > BitInstant Acknowledges the Transaction > MtGox Sells the BTC @ 100% to USD > BitInstant Transfers USD from it's reserves pool to the Customer via Paypal Or Bank Transfers.

At a specific time of the day, the MTGox USD are then probably converted in part (95%) to BTC while the rest stays in USD.

Then begin the entire cycle again. In a few hundred rounds you'd easily make a million without much effort from all the automation.
2744  Economy / Service Discussion / Re: Bitinstant removed cash deposit option USA on: June 13, 2013, 12:43:23 PM
1 Day Later and still nothing.

According to their website, if they screw up, the transfer is without fees.

http://support.bitinstant.com/customer/portal/articles/1083890-what-service-does-bitinstant-provide-

"We are an agent of the exchanges. So, when you pay us, you have effectively paid the exchange. If we screw up and fail to deliver on time, we will investigate and we will always refund our fees."
2745  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 11:23:05 AM
i mean, who wouldnt want to order a product now and get it shipped tomorrow ?  Roll Eyes

I wouldn't object to that either. It would be nice to get it on demand.

Right, so in order to achieve that let´s sue them, get their asses in prison and shut down/impede the production so that no one will ever receive their product, or at least delay the production even more.
Yeah, that’ll work.

Well, fuck that part of the community that is working on that.
Well, BFL has a long tail to step on. People have had alot of trouble, ergo...people will do whatever they think is right.

If their past troubles bring down BFL then it is all on BFL.

If people have an order with BFL they should just see their own interest and not throw a wrench in the works, now that BFL is finally shipping.
If they don't have an order, then they should just mind their own business and quit playing the Unsolicited Captain Frickin Avenger, and let the others receiving their products.
 
<Shrug> Opinion Noted. I don't think anyone can stop that process at this point anyway.

I just heard yesterday that BFL has already been officially served already by one group at the very least. I haven't heard from the others.

If you knew some of the details on one case at least, I think there is a good reason or chance that many customers would actually worry because there is a non-zero chance it would impact things. So lets hope BFL clears their queue before they are affected enough to impact their delivery schedule.

Just keep an eye out on BFL and see what happens or if anything even changes and then take the cue from there.

Edit: Or Add me to the ignore list so you guys don't get to know any of that. No signs for the blind curves up ahead makes for a happy customer.
2746  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 10:49:54 AM
i mean, who wouldnt want to order a product now and get it shipped tomorrow ?  Roll Eyes

I wouldn't object to that either. It would be nice to get it on demand.

Right, so in order to achieve that let´s sue them, get their asses in prison and shut down/impede the production so that no one will ever receive their product, or at least delay the production even more.
Yeah, that’ll work.

Well, fuck that part of the community that is working on that.
Well, BFL has a long tail to step on. People have had alot of trouble, ergo...people will do whatever they think is right.

If their past troubles bring down BFL then it is all on BFL. (In my opinion)
2747  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 09:51:38 AM
i mean, who wouldnt want to order a product now and get it shipped tomorrow ?  Roll Eyes

I wouldn't object to that either. It would be nice to get it on demand.
2748  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 09:34:00 AM
The first single :-) Probably there will be only this one and that's why it's called single  Grin

Funny because it's slightly true in terms of extreme put-off attitude from BFL.

Hope they get sued back to prison.
The community is working on it. Their lawyers will probably be powered by BitCoins and Singles no doubt....
2749  Bitcoin / Hardware / Re: BFL ships first 60 gh/s miner today! on: June 13, 2013, 05:58:43 AM
There are people on BFL forums who state they received only part of their Jally orders from a particular order date.

If they had 4 they got 2. If they had 8 they got 2 or 4. Etc.
2750  Bitcoin / Hardware / Re: BFL ships first 60 gh/s miner today! on: June 13, 2013, 05:31:35 AM
finally its happening but how many can they build/shipout is the main question... no one wants to get their units by XMAS and miss out on all the fun, will become a paper weight


Seems like a whole lot. seeing as they are almost done with august japalepno orders already. Really just seems to be constrained to the supply of boards they get from their assembly house.

post on bfl forums from guy that visited and commented on assembly of jalapenos.
https://forums.butterflylabs.com/bfl-forum-miscellaneous/3226-my-visit-bfl-hq.html#post40266
Lab rat is a moderator at BFL forums. Not you average joe.

Just a pony show...
2751  Economy / Service Discussion / Re: Bitinstant removed cash deposit option USA on: June 13, 2013, 12:23:26 AM
Good to hear that it's up and running again. Any luck on verification of ID's?

We're working very close with the dev team to resolve any issues with specific users having problems with verification.
I passed verification fairly easily. The problem is (again like last time) that BitInstant has not delivered my payment via PayPal.

Is it me, or is it everytime I go to them for my conversion I always end up having troubles?

I never had these kinds of troubles with FastCash4BitCoins.

BitInstant motto on their new site is: BitInstant - Time is Money
2752  Bitcoin / Group buys / Re: [Group Buy] 100 BFL 4 GH/s Chips @ 0.9 BTC. 5 chip minimum - US ONLY on: June 12, 2013, 10:54:27 AM
How do you propose distributing the chips to participants of the group buy? The chips in a lot of 100 from BFL are not all the same:

Chip grades:  Chips come in four grades of performance.  Chips are sold in mixed grade lots.  A grade has 16 engines, B grade has 15 engines, C grade has 14 engines and D grade has no less than 12 engines.  All chips run at a minimum of 250 mhz.  Higher grade chips will run up to 294mhz.  The percentage distribution in each lot is 60% Grade A, 20% Grade B, 15% Grade C and 5% Grade D.


There are 2 possible scenarios:

1. The chips arrive unmarked/unsorted leaving me no choice but to send chips 100% randomly. Since only 5% are class-D a random selection should leave everyone with well over an average of 4 gh/s in any 5 chip batch.
2. If the chips arrive marked with quality/class I will simply send owners as close to the split of chips qualiy provided by BFL in the product statement.



That sounds fair


It's impossible to accurately predict what the ratio's will be in any wafer. Wafers vary from one wafer to the next.

BFL's first (working) wafers had tested as 1.76watt per GH/s then later they realized alot of other chips were anywhere from 2 to 6 watts per Gh/s.

With that kind of volatility you never know what you will get.
2753  Economy / Trading Discussion / Re: Huge movement on: June 12, 2013, 08:12:54 AM
someone sold 20,000ish bitcoins a few hours ago at mtgox - expect plenty of action over the next 24 hrs
Yeah, I was some "unspecified" amount of that trade volume.

I made about 5% of my whole stockpile in one day. I am about to make another 5% in a few hours if the markets are willing.

Apparently, if you trade in volume, mtgox will send you free yubikeys to protect your account.

2754  Economy / Currency exchange / Re: WTB 3 btc monthly with paypal on: June 12, 2013, 08:02:27 AM


If the PayPal seller insists on using the red highlighted payment type to send you the USD (or any other currency) then it is likely a scam.
2755  Bitcoin / Group buys / Re: 65 nm Chips - [BFL ACCEPTED 100% ESCROW by John K.] - Group Buy #1 - Kernel32 on: June 12, 2013, 03:37:58 AM
@ Kernel32

Could you get in contact with BFL and clarify this point? I tried to get the answer through theswede but he didn't seem to have any idea about it.

=======Reposted======


2. Ordering is from Global Foundries that also handle delivery

Will the tracking information come straight from the packaging facility or from BFL offices?

If you don't know, could you find out?

I am worried that BFL is going to send us the defunct lot they are using right now instead of the brand new lot that will be baked at the Fab. I don't want yesterdays revision that has caused so many problems (let them deal with those). I want the latest revision fresh from the Fab.

======reposted======
2756  Bitcoin / Group buys / Re: 65 nm Chips - [BFL ACCEPTED 100% ESCROW by John K.] - Group Buy #1 - Kernel32 on: June 12, 2013, 03:27:28 AM
@Kernel32 who are you? You have few posts and you only joined in April this year. Why should anyone trust you?
Because unlike every other BFL chip thread, he (kernel32) has done everything perfectly right.

There is no possibility of losing your money up until the chips arriving. Whether or not Kernel32 finds the developers to turn those chips into boards is the only risk.

I cannot more highly recommend this (and only this) particular group buy.

If you want guarantees on the chips, this is the place to conduct business.

2757  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 10:40:25 PM
How in the world would you trust a sketchy offer from an even more sketchy company?


For 3 reasons:

1. 50% down
2. Ordering is from Global Foundries that also handle delivery
3. Chip functionality is verified. BFL delays have been 90% PCB, power and software issues.

Will the tracking information come straight from the packaging facility or from BFL offices?

If you don't know, could you find out?

I am worried that BFL is going to send us the defunct lot they are using right now instead of the brand new lot that will be baked at the Fab. I don't want yesterdays revision that has caused so many problems (let them deal with those). I want the latest revision fresh from the Fab.
2758  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 03:40:00 PM
Can you find out if this is a possibility?

Edit: Any power specs guarantees? (Don't want the bad lot that consumes 6 watt per Gh/s.)
2759  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 03:34:16 PM
Are the chip lots marked clearly as Grade A, B, C, D or are they selling them blindly and we get what we get?

How do you guarantee we will get Grade A if we pay 75$ per chip for Grade A? (Instead of Grade D's mixed in)

BFL is not charging $99 for Grade A chips (their original proposal). They are charging a discounted $75 per chip for a mixed batch so they don't have to sort them. They are not labelled.
Are the ratio's of Grade A's to D's at least guaranteed?

It would kinda suck to end up with a ton of Duds.
2760  Bitcoin / Group buys / Re: [BFL 4GHs chips Group buy] Interest check @ 100 chips x $75, 5 chip min US ONLY! on: June 11, 2013, 03:18:52 PM
Are the chip lots marked clearly as Grade A, B, C, D or are they selling them blindly and we get what we get?

How do you guarantee we will get Grade A if we pay 75$ per chip for Grade A? (Instead of Grade D's mixed in)
Pages: « 1 ... 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 [138] 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 ... 218 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!