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281  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 07, 2013, 05:06:19 PM
You're going to see a run up to 110 in just a few minutes. 

Quoted for lulz

Well fuck me.
282  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 07, 2013, 03:27:13 PM

http://www.alloscomp.com/bitcoin/calculator

I probably will end up keeping it and mining many more than 35 BTC in its lifetime.  But if I could get some BTC now I could invest them into other things.  Just trying to make my 25 BTC purchase sting a little less.

BTC will sit in escrow until the item is actually delivered.

No hot potato or scam here.

This calculator is overly optimistic, and it does not account for increasing difficulty.

If you spent 25 BTC on this, then hey, according to your calculations, you should get ROI within less than 3 months, right? So, can you not wait that much?

The calculator is 100% accurate.  You arent very smart.
283  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 07, 2013, 03:24:12 PM
You're going to see a run up to 110 in just a few minutes. 

Quoted for lulz
284  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: May 07, 2013, 03:13:31 PM
Wow did Gox just die. Anyone else seeing this bizarre lagtimes ?

RIP Gox
285  Economy / Speculation / Re: Goomboo's Journal on: May 07, 2013, 11:49:09 AM
Can someone explain, for a non-trader, what do these EMAs stand for? Why 10 and 21 and not 14 and 47? Just curious, I've been watching these averages for the past few days and the accuracy at which they predict where the prices are going next is pretty striking.

Its a moving average from the last X periods where the most recent data is weighted more heavily.

http://www.investopedia.com/terms/e/ema.asp
286  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 07, 2013, 11:41:53 AM
i really really doubt that someone is offering u 35 BTC for 5GH .. thats insane

ROI in a year is not insane.

Your calculation of ROI in a year assumes that the difficulty of bitcoin is not going to change. We all know that this assumption is simply wrong.

You are incorrect.  If difficulty didnt change 35 BTC would ROI in ~ 4 months.

Let's do some calculations. At current difficulty, 5 GH/s gives about 0.22 BTC/day, correct?

So, that is 6.6 BTC per month, and so ROI is about 5.45  months.

The question is what is the rate of decay of the rewards.

An even bigger question, which you have not explained yet, is why do you want to sell it if it is such a good deal?

It looks like you are trying to pass on a hot potato.

Let me be clear: we are not talking about an item that is in your possession, but rather an item that G-d knows when will be delivered.

http://www.alloscomp.com/bitcoin/calculator

I probably will end up keeping it and mining many more than 35 BTC in its lifetime.  But if I could get some BTC now I could invest them into other things.  Just trying to make my 25 BTC purchase sting a little less.

BTC will sit in escrow until the item is actually delivered.

No hot potato or scam here.
287  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 11:01:59 PM
i really really doubt that someone is offering u 35 BTC for 5GH .. thats insane

ROI in a year is not insane.

Your calculation of ROI in a year assumes that the difficulty of bitcoin is not going to change. We all know that this assumption is simply wrong.

You are incorrect.  If difficulty didnt change 35 BTC would ROI in ~ 4 months.
288  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 10:56:28 PM
i really really doubt that someone is offering u 35 BTC for 5GH .. thats insane

ROI in a year is not insane.
289  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 10:53:57 PM
Even with some severe difficulty increases a ROI of 1 year seems like a good investment to me.

There is going to be a premium involved in buying your way to the front of a very long pre order line as well.

I paid 25 BTC for this pre order (Yes, you can point and laugh, but that was the price back then), if there are no better offers I will simply mine the coins myself as I originally intended.

If mining with it is such a good deal, then why do you not keep itself to yourself?

Your calculations seem to be completely missing the (what appears now as) exponentially increasing difficulty.

My offer of 0.75 BTC stands. It is a good offer. :-)

I probably will end up keeping it and mining many more than 35 BTC in its lifetime.  But if I could get some BTC now I could invest them into other things.  Just trying to make my 25 BTC purchase sting a little less.

Thanks for your offer.  It is currently 34.25 BTC short of the best offer.
290  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 06:10:28 PM
I offer 0.75 BTC for the item.
Current best offer is 35 BTC.
This just boggles my mind.

Someone is willing to pay 35 BTC for a 5GH/s miner, effectively 7 BTC per GH/s, but no one is willing to buy my first-day preorder for an SC Single (60GH/s) for less than half that rate (200 BTC, effectively 3.33 BTC per GH/s).

I don't get it.

It could be that Jales exist in the wild and singles dont.  Waiting for singles to be developed could take a while...
291  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 06:09:08 PM
To be fair we haven't actually seen anyone say 35BTC. And clearly if such a person exists, they are doing it quietly on purpose (silly price).
Very good point.  The OP could be just making up numbers to drive the price higher for all we know.

It is a legitimate offer.

5 Gh/s will mine ~8 BTC per month.

Even with some severe difficulty increases a ROI of 1 year seems like a good investment to me.

There is going to be a premium involved in buying your way to the front of a very long pre order line as well.

I paid 25 BTC for this pre order (Yes, you can point and laugh, but that was the price back then), if there are no better offers I will simply mine the coins myself as I originally intended.
292  Economy / Computer hardware / Re: WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 06, 2013, 05:20:55 PM
I offer 0.75 BTC for the item.
Current best offer is 35 BTC.
293  Economy / Gambling / Re: SatoshiPoker.org - 0.1 BTC Gtd Hourly Freerolls - Lowest rake in the industry on: May 06, 2013, 12:29:56 PM
Mm currently there is a freeroll running. 31 players. 9 are actually playing, 2 tables literally have 5 persons who are all sitting out :X hope you can make it again like "registration open 30 minutes before freeroll" cuz I cannot really be bothered to play it like this :p

Yes please.   Playing tourneys with 50% afkers is no fun.
294  Economy / Computer hardware / Re: WTS BFL Jalepeno #20XX order date 6/25/12 on: May 05, 2013, 05:35:21 AM

It was intentionally high.

I am looking for offers.
295  Economy / Computer hardware / Re: WTS BFL Jalepeno #20XX order date 6/25/12 on: May 05, 2013, 05:32:29 AM
what price are you looking for?

Im looking for offers.

Buy it now for 79 BTC.

Jalepeno is the 5GHs one correct?

Yes
296  Economy / Computer hardware / Re: WTS BFL Jalepeno #20XX order date 6/25/12 on: May 05, 2013, 05:19:45 AM
what price are you looking for?

Im looking for offers.

Buy it now for 79 BTC.
297  Economy / Computer hardware / WTS BFL Jalepeno 5 GH/s #20XX order date 6/25/12 on: May 05, 2013, 05:06:35 AM
Very early order.  Offers?  Escrow recommend.  I can send proof of pre order purchase to serious bidders.

EDIT:

Current best offer is 35 BTC.  I am still looking for offers.  But this price is close.
298  Economy / Speculation / Re: Bitcoin Technical Analysis & other financial markets (bitcoinbullbear.com) on: May 03, 2013, 04:43:47 PM
No worries. I have nothing to hide.

As you can see , I outlined two options. The market decided for the second option, but I still favor the bearish resolution from current levels up to 1353 DOWN. And this option remains valid as long at 1370 holds.
I am 90% convinced that we will see at least a strong top pattern this week.

Net a tradable scenario can be to short 1340-1352 with a stop above 1370.

EDIT: Above 1370 is bullish with some more upside, before eventually the crash arrives. This will not invalidate it, just delay the crash. Target remains below 500 for the S&P500


SaP kissed 1399 today.  Have you gotten out of your shorts? Have you gone long?

I went in and out two of times, taking small losses as I was too early. Today, I shorted again big time S&P at 1401.6. Possible we will see tomorrow yet another small pop, but this does not worry me.

Thanks for keep tracking those trades, keeps me alert. My stop is 1447. Target below 500.


Im honestly just curious... I am just starting out watching markets, BTC is actually the first market I ever watched.  To my inexperienced eyes the bears lost control when the DJI closed strongly above 13000 this week.  If the S&P can finish strong this week... I would go long for the next few months.

Edit: BTW I think your short is a good idea... the stock market is WAY over pumped... but what little I have learned in BTC tells me to not fight against the market.  The market doesnt care what you think.  Your short position will have its day in the sun someday soon though.

Thanks for your great perspective. I agree with you that fighting the trend is not often warranted. But it is exactly because of that that I went short. All key markets remain WAY BELOW their all time highs and most markets remain below the 2007 highs and also most are even still below the 2011 highs. The decade long trend is down and hence this short is with the trend long term.

But you are right on the mid and short term. The trend is up unless proven otherwise. The next 5 trading days will likely tell more. Probably even tomorrow is a big turn day.


S&P over 1600.  Dow approaching 15000.
299  Economy / Speculation / Re: Yet another analyst :) on: May 02, 2013, 06:07:13 PM
Beautiful lucif.

Just beautiful.
300  Bitcoin / Hardware / Re: Received BFL Jalapeņo Today! on: April 30, 2013, 07:48:57 PM
There are a handful of people who placed orders on the tail end of the FPGA process who elected to wait for the ASICs (since they were shipping RSN (TM)) after they had already placed and paid for their order.  Scared is one of them, and we ship by date paid, not order number anyway, so it's kind of immaterial.



What happened to the 1/3 1/3 1/3 plan?
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