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301  Bitcoin / Armory / Re: Armory - Discussion Thread on: May 25, 2013, 04:01:27 PM
When my bitcoins get low and I try sending some, I get this strange message about Selectcoin not working, followed by reassurance that it's probably not my fault (?).  lol
302  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 25, 2013, 03:40:09 PM
My research and conversation with smart dudes has led me to the conclusion that selling hardware is much more important than growing the mining farm. This is not to say that mining is worthless in comparison, bit that it's profitability is very temporary.

We need to be much more keen on hardware sales than begging AM to get to 50TH, 200TH, 1000TH.

Furthermore, it can be argued that AM should abuse its dominant position to the point of rapid commoditization of mining equipment, because that is where things will end up. It is better for them to reap the rewards, than to wait for more players to enter the market.

They should then use their resources to transcend the mining hardware/farm market altogether. Ideally they would time this right at the tipping point of total commoditization, and get into a tertiary market like custom decryption for governments, or alternative ASIC designs for other purposes than bitcoin.




One thought that has come across my mind a few times is the possibility of AM making sales with fiat currency and that could lead to the possibility of being listed on a regulated stock exchange.  He could open himself up to new investors and use the funds to dump back into development.. ?

303  Other / Beginners & Help / Re: How to earn 1 BTC in Internet on: May 25, 2013, 01:41:51 PM
Clean your room, get good grades, etc.
Then maybe your Dad will cough up some money and you can buy your first Bitcoin on the Internet.
304  Other / Beginners & Help / Re: What is the point of 5 worthless posts? on: May 25, 2013, 06:22:07 AM
yeah, so still doesn't make any sense.

if a bot spams the forums, at least the spam will be isolated in the newbies forum and not all over the place.   Cheesy
305  Other / Beginners & Help / Re: How often do you check the price of Bitcoin? on: May 25, 2013, 01:37:19 AM
I check the Bitcoin price before I j/o if it's high.  If it's low I just cry.. and then j/o
306  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 25, 2013, 12:05:09 AM
Why do people care about asicminer's solo mining hashrate? The pool hashrate was useful to estimate the payout, but with solo mining you can directly see the payouts. Now people are going to great lengths to estimate the solo mining hashrate from the payouts, what's the purpose?

We are doing it to confuse you. Gotcha!

Haha!  We got him!  Best prank ever...  Tongue

307  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 24, 2013, 10:48:46 PM
would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now

No, I think most here would rather he focus on hardware swaps than browsing bitcointalk answering posts from sweaty investors.

touche!  Grin

In the stock market publicly traded companies talk to shareholders once or twice a quarter at most. We're lucky we get several communications a week Wink

In addition,because they moved to solo mining , this may cause we did not get the actual hash rate.....

so why does solo mining result in a lower hash rate?
308  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 24, 2013, 10:18:34 PM
would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now

No, I think most here would rather he focus on hardware swaps than browsing bitcointalk answering posts from sweaty investors.

touche!  Grin
309  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 24, 2013, 09:52:16 PM
would be nice to get some updates from friedcat on the status of said equipment swap.. i know he's busy but it would sure help with some shareholder confidence right now
310  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 24, 2013, 09:31:59 PM
whats going on with asicminer right now?  Any idea of when full hash rate will be back online?
311  Economy / Auctions / Re: [Auction] 2x Jalapenos Butterfly Labs BFL 5 GH/s miners - IN HAND on: May 24, 2013, 03:19:36 AM
triple post haha.... should leave thread this for the auction.

put opinions in other threads....obviously BFL leaves much to be desired. but japs are in  hand so who cares....



Yes sir!  Please forgive me! 
312  Economy / Auctions / Re: [Auction] 2x Jalapenos Butterfly Labs BFL 5 GH/s miners - IN HAND on: May 24, 2013, 02:31:32 AM
Did I just hear that BFL has excellent customer service?  That is so unbelievable this has to be bullshit...
a statement like that sounds very fishy.. BFL hasn't even proven the EXISTENCE of customer service yet. 



didn't mean to double post, sorry
313  Economy / Auctions / Re: [Auction] 2x Jalapenos Butterfly Labs BFL 5 GH/s miners - IN HAND on: May 24, 2013, 02:31:05 AM
oh wait they had that really cool 90's promo video of themselves moving empty boxes around with a forklift.
totally forgot.. my bad..
314  Economy / Auctions / Re: [Auction] 2x Jalapenos Butterfly Labs BFL 5 GH/s miners - IN HAND on: May 24, 2013, 02:29:54 AM
Did I just hear that BFL has excellent customer service?  That is so unbelievable this has to be bullshit...
a statement like that sounds very fishy.. BFL hasn't even proven the EXISTENCE of customer service yet. 


315  Economy / Auctions / Re: [Auction] 2x Jalapenos Butterfly Labs BFL 5 GH/s miners - IN HAND on: May 24, 2013, 02:29:22 AM
Did I just hear that BFL has excellent customer service?  That is so unbelievable this has to be a hoax...
a statement like that sounds very fishy.. BFL hasn't even proven the EXISTENCE of customer service yet. 

316  Economy / Exchanges / Re: www.BITSTAMP.net Bitcoin exchange site for USD/BTC on: May 23, 2013, 05:45:46 PM
These exchanges need to get their shit together.  I don't remember a single time when i was limited from regular functions with the bank.  It scares people.
317  Economy / Trading Discussion / Re: ASICMINER dividend estimate for this week? on: May 23, 2013, 02:37:30 PM
So how does one buy a share?

btct.co
318  Economy / Trading Discussion / Re: ASICMINER dividend estimate for this week? on: May 23, 2013, 02:35:48 PM
Check out this website for ASICMINER hashrate!

http://www.asicminercharts.com/live/

It's not 10% like I was guessing... it's 22%!!  Shocked Shocked

That's 5,600 BTC/week or 0,014 BTC/share  Grin

Why are people willing to pay over 2 BTC for a share? It seems to take more than a year to break even, but probably I'm missing something  Huh

if we knew the dividend would stay constant for a year, it could be seen as overvalued to some people, but as the bitcoin network grows, so does asicminer, as they want to hold a maximum per centage of its hash rate.  share price goes up because of anticipation for ever increasing dividends.  (i think).  people are betting not just on current dividend yield but future growth which at this point seems inevitable. 
319  Economy / Trading Discussion / Re: I would like to make a donation to Burnside and Friedcat on: May 22, 2013, 08:31:26 PM
sorry is this looking offensive in any way? i can delete this post..
Not at all. Just unconventional. It's like someone making a donation to a public figure like Steve Jobs or Warren Buffet.

If you approve of their actions, and you'd like to acknowledge that by monetary incentives, consider paying it forward (http://en.wikipedia.org/wiki/Pay_it_forward). You can ask burnside or friedcat how they think that money should be spent.

In this case, I think there is little money can do in order to provide support.

i disagree... i think directly funding their operations would be more efficient to them and more immediate than buying shares.  I don't expect to profit more from the support I'm giving, i just realize that they are experiencing delays of different sorts and would like to help.  I fully understand my btc probably wouldn't do anything, but even it helps 0.00001% it will make me happy knowing that I am showing full support.  I guess it is for my own satisfaction then in an indirect way, lol.  if steve jobs was at the very beginning of something great and i was fully invested in him, damn right i would have donated  Cheesy
320  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: May 22, 2013, 08:23:41 PM
People F5'ing for divs are probably a large part of the traffic

very true.. he should be able to see if thats the problem if the IPs of common users with shares match most of the IPs of the apparent DOS attacks, no?

someone could write a program to see how many matches there are at any given time, to clarify if its either a DOS attack or just regular use..

(or maybe Cloudflare should implement this?)

sorry for the multiple posts, i just remembered the edit function
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