Mining won't be much profitable after ASICs hit. Then what?
Mining is becoming unprofitable for individual hobbyists who don't have specialized hardware. In the near future the only profitable mining operations will be dedicated operations, and the most profitable ones will be able to offer real, stable returns on investments, and they will attract investors. This kind of thinking is why I am invested in pyramining, by the way. I think that kind of operation is the wave of the future in mining. This is ridicuolous. Anyone who has BFL hardware will be a competitive miner. There are no stable returns in mining, since it depends on the price of bitcoin obviously. Pyramining is just another HYIP. |
|
|
|
|
stll calling for MNW memes..
|
|
|
|
Ive gotta say, I repeatedly stated there wad no fucking way Matthew would pay out (even though I had a large amount bet with him), but I never figured it would be on a technicality this lame..I expected more of Matthew, this wasn't even clever.
Would you have paid in case he had won the bet? I, for one, would have paid. If I was planning to reneg had I lost, I would have raised my bet to 1000. I said this at the time. I would increase my bet from 250 btc, because 1000 btc is worth a hell of a lot more than my forum reputation. But I won't, just to show that I have every intention of paying 250 if I am wrong about pirate. Staying at 250.
Does anyone think MNW was trolling when he said he expected pirate to pay? Any reason to believe he would have refused my payment, had he won? |
|
|
|
This interview with Matt is hilarious so far.
"I'm not going to try and finagle anything with legalease...I'm not going to try and screw anyone over."
"The community has a way of jumping down people's throat without any sort of evidence." - kind of like he does constantly?
Yes he is exactly the opposite of what he says he is against and also the exact problem he identifies. Like I said yesterday, MNW is a hypocrite of the highest order. |
|
|
|
I already paid 20 BTC for each entry as described in the bet thread. I'm not quite sure what you're talking about.
 |
|
|
|
No, I'm pretty sure if anyone is learning a lesson right now, it's the loud mouths who were attacking Pirate investors for being "ignorant". I guess they too are getting a dose of their own medicine!
 |
|
|
|
I look forward to more accusations and butthurt, but it's pretty late here. Let the trolling begin! I have a big day of work tomorrow in various companies that no one even knows I'm involved in apparently. ROFL.
weasel-laugh-o.gif  |
|
|
|
While I don't think anybody in their right mind thought Matthew would honor his wager, I fail to see how this kind of interpretation could possibly avoid him earning a Scammer tag. This is lower than the eBay scams for a picture of an item. +1 I didn't even understand the implications of his interpretation first. He only sends 20 BTC to that address in question, which is his own address. So he ends up not paying anything to anyone, except 20 BTC to himself.  |
|
|
|
Hello investors,
I provide risk-free deposits guaranteed to payout at 1.5% weekly interest rate, no compounding. The deposits will be used for lending out to other borrowers, investing in short term opportunities and investing in other bitcoin projects. All my depositor's funds are 100% guaranteed and will not lose any funds due to any defaults.
 |
|
|
|
Not entirely baseless. Read the article, especially the "Red flags" portion. If it looks like a duck, quacks like a duck, and waddles like a duck, it's not a platypus.
Yeah, probably one of these:   |
|
|
|
All he has is vague speculation and assumption (and yes, a large dose of arrogance). Trying to scare people into withdrawing is a pretty schoolyard tactic. A lot of it doesnt even make sense, but I guess its only himself he's embarrassing so where's the harm.
Profiting since December myself.
Phantom profits. They're only there if you withdraw first at the others' expense. The clock is ticking.. Yes, yes... Keep lying to yourself. Maybe it will become true. Are you a politician, or?... And my clocks don't tick. if pirate is running a ponzi, and takes off, wouldn't that torpedo GPUmax, which looks like it could generate serious revenue once he opens it up to the public (exits beta) ?
Ponzi. Ah, yes GPUmax is also a ponzi, the 'ol ponzi double down, the 'ol ponzi 2Ponzi. Ponzi. Good news everyone! Pirate has 40k more BTC to launder!
 So...
We went from "BTCST is a ponzi" to "BTCST uses funds to pay GPUMax users to launder coins"?
I mean, a ponzi and a money laundering business are two different things. Money laundering business IS very lucrative. What's the point for investors of withdrawing their money?
 |
|
|
|
Edit 15 August 2012: New deposits up to 100BTC are still welcome as this is a service I believe should be provided to the community. Deposits from existing customers beyond 500BTC will be permitted based on the age of the account - you will need to contact me.
 |
|
|
|
BarCode Savings & Trust
And in a shocking turn of events, BCS&T would like to officially announce all deposits would have been both GUARANTEED & INSURRED, thus giving you peace of mind up until the default.
 |
|
|
|
It looks like coins are coming back !
  |
|
|
|
Hello, Over the last 9 months or so, I have strived to provide the best possible return on EIEIO possible while still keeping it profitable, but in the last 2 months, I’ve made a series of bad decisions and/or had bad luck which has disrupted my plans. - I had roughly 1500 btc in btcst that I had slowly grown via purchasing btc, tips from escrowing for people, market making and the like. I had personally set it aside to purchase asic hardware. At this point, I consider that lost as a going concern unless more information should develop.
- I had privately discussed with several individuals the possibility of their making an investment towards the end of this year which would effectively wrap up EIEIO.B and make it a 2 or 3 party affair. As it turns out, the btc they had planned on using for that were invested in pirate, which effectively removes that option with them at this time. It is still possible someone else decides to partner with me, but that is to be determined.
 |
|
|
|
|
Show Posts
