Is there anything that will be more profitable than the Monarch (if it ever really shows up)? xCrowd, if not a scam. |
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Hello additional 468 TH/S.
I thought bfl measured in gigglehashes |
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Why do we have 3 threads going on about this at once.... One is plenty
Obviously, no it ain't, for from my calculations, 780+ orders have been placed since the beginning of Monarch's announcement. Unless a high percentage of those orders are from people, like myself, that didn't follow through with the purchase to simply obtain order numbers, I say BFL did okay for themselves over the weekend. Bravo, you cocksuckers! Bravo! Plus EclipseMC revenues  |
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this post is a joke right? i'm waiting for the punchline..
Punchline is in the video in my signature. Funny coincidence I watched that movie (DOWNFALL) just 2 days ago and I very well remember that scene. HILARIOUS! Thank you for a good laugh. I am not too worried about BFL running out of cash (from pre-orders), I am sure they are operating a huge mining farm, generating hundreds of BTCs every week for them. Its called EclipseMC. Unless what I hear is true and Josh got fired. |
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I just added a link to this thread in the youtube description! |
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Is it typically expected that mining difficulty and fiat price are inversely correlated? How much weight does the difficulty have on fiat prices, in your opinions?
None. Higher price drives difficulty (as profit margins for miners go up so miners deploy new hardware). At one time someone even provide a mathemtical correlation of price driving difficulty. There is no evidence than difficulty drives price though. The minting rate remains (roughly) the same and today supply is only expanding by 0.3% per day due to newly minted coins. Thanks!! |
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It would also be very helpful of the dice folks to provide some info in your assistance, given that it seems just about everywhere Bitcoin is valued as currency and a theft has occurred.
Not sure what the odds are tho.
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So... can we all finally stop recommending blockchain.info as the easiest wallet? It became obvious that problems were inevitable as soon as StrongCoin revealed the ease with which they redirected someone else's transactions. The model is compromised. There's no way around it. All users, even new ones, need to keep the bulk of their bitcoins in cold storage. That means ON SOMETHING PHYSICAL AND INERT. Yes. Physical and inert, where it takes physical movement beyond a few keypresses to spend it. Paper. A text file burned to CD through a new OS. Whatever. The rest would do well to be contained within a dedicated client app, ideally on a dedicated device. With the number of high-quality clients available today, there is little reason now to do your bitcoin finances through your browser. If you need to handle large amounts of bitcoins away from home, then you should probably spend the money for a laptop or a smartphone. ---------- To the OP: I hate to say it, but your coins are probably beyond hope. But at least the problem might be identified and prevented from recurring. With that in mind, several more (admittedly basic) questions: - What is your home computer's OS? If it's Windows or Mac OS, is it a bootleg copy?
- Do you have a bitcoin client on your home computer? Are there bitcoins in its wallet that have remained untouched?
- Have you accessed your wallet on computers other than your home computer?
- How many characters was your password? Was it in English? If it was in English, was the password all letters?
- Have you imported your keys from another wallet? Have you exported the keys to other wallets?
- Do any of the addresses in your wallet come from "brainwallets" (where a passphrase of some sort was used to create the address?)
- Had you tried to send 221.84 BTC to a different address, only to find that the bitcoins went elsewhere?
Every bit of information helps. I actually consider Trezors about equal to keeping coins offline. That's why I'm so anxious for them. Most people won't bother with the complexity of learning how to keep and manage coins in cold storage. Not only do you have to learn how to do it, but then learn how to spend those coins as well as keep the physical storage medium safe. Trezor allows convenient access to spending coins while keeping them just as safe as cold storage. The task for users is reduced down to learning to use it and managing their backup seed.
For the cost of a (plastic) Trezor, one can purchase a cheap Android smartphone, install cyanogenmod if desired, then install Mycelium. While this arrangement has flaws compared to a Trezor, it also has advantages, and it's certainly good enough to produce paper wallets, or to keep turned off as a cold storage medium for modest funds. Anyone who has a lot of bitcoins should currently be using a paper or other cold-storage wallet, but if that's too cumbersome, at least they can go the dedicated-smartphone route rather than keep their bitcoins on a web wallet while waiting for Trezor. Thinking about https://www.casascius.com/ myself. |
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Is it typically expected that mining difficulty and fiat price are inversely correlated? How much weight does the difficulty have on fiat prices, in your opinions?
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Only 77 percent say BFL is a scam? Seriously? After BFL pulled a Monarch out of their hat?
A Monarch, that miraculously can cancel formerly uncancelable (pre) orders?
From BFL's webpage: "Transferring your order to a new 28nm Mining Card will cancel your old order completely. ..."
Could anyone explain how a customer can "transfer" an order - but is not allowed to receive a refund because of BFL's "all sales are final" statement?
That means, the argument "we cannot refund you because we already spent resources to build up your device" becomes a fallacy if an order "transfer" is allowed.
How can BFL justify this "non refunds" policy any longer?
they a ponzi scheme |
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looks like its all going to dice.
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Thanks for posting my vid =) |
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My internet security blocks this link due to snooping. Please post contents here. |
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 *Tower with 12 slots required and not included |
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I think the jally will make less than $30 by the time you get it, I think there are links around here where you can get a blade from Friedcat for 10.24BTC but you need power and cooling.
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The Monarch: Will it mine scrypt coins?
I dont see why not since it can plug into the motherboard. Thoughts? roflcopter |
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