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3221  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: August 15, 2013, 09:15:54 AM
Is it likely that round 3 will sell at all? Some shares going cheap are already lining up below 0.0016
3222  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 14, 2013, 11:43:49 PM
Can I ask a question here because I don't want to wade through a million pages to find the answer.

Does Labcoin actually have a chip? Even a prototype?
3223  Bitcoin / Bitcoin Discussion / Re: FBI is after bitcoin? Good! on: August 14, 2013, 11:23:33 PM
If the busybodies, bureaucrats and lawyers take Bitcoin away from the American people, for their safety I would be very happy.

Hopefully the next silicon valley will be forced to form outside of the United States and finally bring an end to American technology dominance.

Just like the Government has killed the cloud industry (NSA Prism) in the states they now stand to destroy one of the next tech paradigms.

Of course for people outside the United States this could not be more welcome.

Like I predicted a while ago, the US will eventually be destroyed from the inside out by vile lawmakers and clueless policy setters. People who hold power because it makes them feel better will be the downfall of the US and the faster it happens the better.

So US lawmakers, please ban all the Bitcoins, make the internet slower, stop all pornography and make sure no US citizen can send a encrypted email or wander onto a bad internet page. Ban it all and make those Americans safe!

Thanks, the World.
3224  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 14, 2013, 03:40:25 PM
Someone just loaded up on LC. Insider info?


Saw that and came here to check for news - It's likely someone reacting to the above div analysis..Even at 2% of network hash rate its still pretty attractive

2% is attractive, but the likelihood Labcoin will ever have any percent is a stretch. Swede is being purposely vague and no other member of the team talks anymore.
3225  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 14, 2013, 02:38:20 PM
Is 1% realistic? Does Labcoin project that they will have this kind of hashing power soon?
3226  Economy / Services / Re: 30% ROI on Investment within 2 Months on: August 14, 2013, 02:07:51 PM
It's something I've been doing for a while now and I am genuinely good at it. I'm the kind of person that would do it and donate the profits to charity.

It interest's me and thats why I've taken it up.

Ok no worries, when trusting people with money its best to understand their financial motivations so it becomes a little easier to asses risk.

May I ask, would you be able to teach you skills and abilities? Is that something you might sell one day?
3227  Other / Beginners & Help / Re: hello everyone on: August 14, 2013, 01:55:08 PM
Me too. Been reading about this on reddit for a long time. But apparently it's too late to get in Sad

Really? Last time I checked Bitcoins were not $1,000 each.
3228  Economy / Services / Re: 30% ROI on Investment within 2 Months on: August 14, 2013, 01:51:46 PM
It may be hard to believe, but I am happy with my life as it is and I don't see what being a Millionaire would do for me. Money is not everything!

Fair enough, may I offer you a suggestion? If money is of no concern you should spend time with family and friends rather than waste your life away trading crypto-currencies. Its my understanding traders become traders because they want money. If you don't want or need money there are plenty of other things you could be doing with your life.

I just don't get it, if money isn't everything, why are you trading? Is it like a game to you, like points? I am genuinely curious now.
3229  Other / Beginners & Help / Re: hello everyone on: August 14, 2013, 01:43:05 PM
Hi.
3230  Economy / Services / Re: 30% ROI on Investment within 2 Months on: August 14, 2013, 01:41:56 PM

Simple answer to your Question, this is a BTC has been a hobby for me and always will be, I don't really have any interest in doing this for 3 years.

This is why I've open up the floor to help other BTC users and also why I only want a small fee for doing so.

If its a hobby then its best to use your own funds and not risk anyone elses, do you agree? Also you must be impressive if you can gain others a 30% return over 2 months as a hobby.

Even if you disagree you must able to see how you seem like a scam. This is your hobby that can makes mountains of cash. And you don't want to be a millionaire.
3231  Economy / Services / Re: 30% ROI on Investment within 2 Months on: August 14, 2013, 01:32:10 PM
As per title, no limit to how much you can Invest

Im a trader and trade on multiple exchanges and currencys. Have has other people that can vouch for me.

Only charge a 5% fee Smiley Message me for more info!

If you can create 30% returns why do you need any money from us?

You could sell everything you have, do everything you can to get a fiat personal loan and then with even a low 100 Bitcoin principle you could have yourself at least 130 Bitcoin in two months, then 165 two months later, then 214 after a total of 6 months.

At the end of the year you will have 470 in Bitcoins. If you carry on trading at the start of next year you will be making at least $300 a day.

Do this for 3 years in total and you are a millionaire.

So why do you want to make us rich? Is 5% really all you want?

My point is even with a small starting principle 30% every 2 months will make anyone a millionaire.

In fact the only reason such a good trader needs large startup capital is if they plan to make money pumping and dumping. Is this the case?
3232  Bitcoin / Mining speculation / Re: When Bitcoin ASICs are outdated, how'll we use them to mine SHA256 alt coins? on: August 14, 2013, 01:15:55 PM
Companies will let you exchange them for newer versions, for a price.

I never knew this. So what of the following companies that have delivered ASIC miners have a buy back scheme that people have used so far:

Avalon
Butterfly
ASICMINER

So far no other company has shipped any ASIC miners.

Am I wrong?
3233  Bitcoin / Mining speculation / Re: When Bitcoin ASICs are outdated, how'll we use them to mine SHA256 alt coins? on: August 14, 2013, 01:05:06 PM
they will never be outdated

Not sure if you are a troll or not.

Please backup your claim with some information or reasoning. Some people are new here and replies like yours just confuse.

ASIC as in the idea and the method will not be outdated for a very long time (no one even knows if there is a mining paradigm beyond ASIC itself) however current ASIC technology will become outdated very quickly. This is why companies like ASICMINER are investing back into themselves to continue development of the next ASIC chip.
3234  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 14, 2013, 11:24:37 AM
www.labcoin.com site is down.

Don't worry its happened a few times, its probably a DDOS from someone that wants to buy low.
3235  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: August 14, 2013, 11:22:17 AM
But that doesn't really matter. If labcoin only manages to hold ONE percent of the network, then the current share price is nothing else than cheap as fuck.

Some numbers:
BASIC has a hashrate of 1.2 TH/s and a lower market cap than Labcoin. If Labcoin would be BASIC and the price would scale with the additional 2.8 TH/s to get 1 % (assuming 400 TH/s total), it would very roughly be .004 - .005 BTC per share.

This assumes Labcoin can make these ASIC devices. If they do I agree the current share price is really low. However the reason it is low is because of the uncertainty that Labcoin will ever mine Bitcoin before needing more funding or going bankrupt.

I am not spreading FUD, just showing why the price is where it is.
3236  Bitcoin / Mining speculation / Re: When Bitcoin ASICs are outdated, how'll we use them to mine SHA256 alt coins? on: August 14, 2013, 10:52:08 AM
Let's take a current BFL Bitcoin ASIC for example. (5 GH/s, 25 GH/s, 50 GH/s, etc)

I know it's hard to think of ASICs as being outdated because they are the best mining technology out right now, but GPUs were once the best and they became obsolete by new technologies. And now those same GPUs are used to mine alt coins because it's more profitable.

It's inevitable that this will happen to the current generation of Bitcoin ASICs down the road, if only to be surpassed by far superior ASICs.

Would this conversion just require a software update? Or would there be firmware updating required?

Every ASIC on the market today will be a doorstop in 1 year. Better ASIC's will be made and a Bitcoin ASIC has no other purpose than mining SHA, also most alternative coins use script (except PPC, TRC)

The current generation have no other use and will become a doorstop, if someone says otherwise they are selling snake oil.

EDIT: This is why time to market is important, getting your ASIC 3 months earlier is all the difference between doorstop and ROI.
3237  Bitcoin / Bitcoin Discussion / Re: Git commit ostensibly from Satoshi in recent transaction on: August 14, 2013, 08:54:05 AM
No way this is Satoshi. No crypto proof, obscure communication was never Satoshi's style.
3238  Economy / Gambling / Re: SD+JD: new dice site invites testing users. on: August 14, 2013, 07:46:10 AM
When you click max bet it should take the max profit into consideration. (At the moment it if you click max bet on the smaller chances it will use all your bankroll when you might only be able to bet a smaller amount because of max profit)
3239  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: August 14, 2013, 07:35:07 AM
If you put your money in just-dice, as the balance, but not as invested, you can't lose it if you don't bet at all. You can then use JD as a web wallet.

When you need to pay for something, and you're a little short, a couple of 98% bets will give you the little bit you need. (Bad Advice, but I used to do it on SD when all I had was 1.98 and I needed 2.01)

Really?

3240  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: August 14, 2013, 07:13:12 AM
Hi All. We'll address the questions surrounding the share counts in an upcoming post later today. With it we'll provide a clear description of the new structure.

Why not give us a idea now?
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