But dumping 100% of the mined coins is extremely stupid. Why would they do it? I don't buy it.
 They want money. They don't want to speculate on BTC, they just want the f'ing money. How could anyone be surprised? Not only did all of the KnC buyers give them the power (unknowingly I'll admit), but then they heralded Plan B as the greatest thing ever with all that free cloud hashing power the Neptune owners were going to get. Well, it's almost Q2 time and not a single Neptune purchaser is getting cloud hashing. No, instead they -- who don't give a shit about Bitcoin -- are fucking everyone by upping the difficulty and putting continued sell pressure on the market where normals miners wouldn't. Anyone want to place bets on a time frame until a governmental agency puts the clamps on KnC and subverts their farm? At least Bitfury had the decency to keep selling hardware and setup mines in vastly different geological locations under control of different people while he/they fucked everybody else  Why not keep 10% of the coins for example? It's free money for them after all. 10% would mean around 50k$ per day which i'm sure means nothing considering the rest of the 450k$. They can win a lot more by holding a small amount of BTCs than what they win if they don't hold any. Why would the gov put the clamp on KnC? They are making money and it's a win win situation. |
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But dumping 100% of the mined coins is extremely stupid. Why would they do it? I don't buy it.
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its getting harder by the day to hold fast.
but what else is there?
refund 10k, buy BTC at 400 and watch them keep dropping to 100?
its a catch 22 situation and these 'uberdatahall' guys are making it a whole lot worse with their greed!
if they have had the ability to give us our 3th over a month ago, the only excuse for not doing so is kleptomania....
i also wish to see BTC plummet to 0.01usd just to destroy these well-fed clowns.
but then i also have BTC i dont want to be worthless....obviously!
catch 22 - rock & a hard place - darlin' u've got to let me know....should i cool it or
Refund the miner and enjoy your cash. Have cash, some miner, BTC, lTC, stocks, RE, whatever. I felt much better after I refunded the second miner (still clinging to one-just stupid curiosity). However, I realize one thing today-we are competitors to Sam Cole, not really customers anymore, so he is gently prodding us toward the exit. He wants KnC to become a bank with focus on Africa (no kidding). Enjoying the cash now is the same thing as back when BTC was 800$ or back before ordering Neptune. It's the same cash then and now. The only question now is if it's worth refunding and getting more BTC than what BTC you paid for it, but what will you do with it except hold them? |
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What about this?
04-01-2014, 02:46 PM #30
BFL_Josh BFL_Josh is offline
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BFL_Josh's Avatar Blog Entries
Just not on those days... meaning you'd have 1 less entry into the contest when we run the random drawing. Each day is a separate ticket to enter in the raffle basically.
Someone gets people to abuse the trust rating system each day with 6 entries. Multiplied by the number of people participating each day times the number of people responding each day to the negative posts? This is spam. Why wouldn't the people posting these daily be BANNED? And the person who started it be banned form the forums? Interesting.
Because...bitcointalk. |
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More HashFail chips/boards in the wild! |
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Alright Guys,
I received my two units (Ordered another one because of the voucher)
this is bullshit man, if you really had the product you would post pictures left, right and center! If you bothered to read that post any further you'd see this part: sorry, didn't read properly. i am kinda surprised i have to say Your surprise is not surprising. Many of us have been through a lot with ActM and now what was once a mere glimmer of hope is now getting brighter and brighter. If Ken also manages to get that full custom 28nm chip designed and built, then the wait will have absolutely been worth it! I thought all chip projects are cancelled at this point. |
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It's not a "HashFast" Production line per say. They do not own the fabrication plant. Whoever has the money to create the boards gets boards created which from the sounds of it seems that HashFast is out of that and forced to sell chips. This is why their own customers are not getting any products. Technically anyone buying chips from them seems to be helping them get out of the red and afford boards for their own customers.
*Disclaimer - I don't agree with what HashFast is doing (Selling chips before getting their own customers boards out), but they are doing it and I'm not going to not buy from ActM or PepperMining (I'll likely get a couple of those boards too) because of it.
While I understand it is your job to nitpick at every detail, can you get to the point of what you are trying to say?
We know these are HashFast's Chips and Board revisions.
ActM is simply acting as a reseller of sorts, much like Cognitive/Blackminer/PepperMining (With the exception of MrTeal creating a custom board (Kudos to him)).
I'm sure there will be others doing this as well as long as HashFast is alive (If they don't die out from the barrage of lawsuits heading their way) Ok, that's certainly food for lawyers. Yeah, HF is bankrupt. Bounty for whoever finds the secret datacenter. Posted from Bitcointa.lk - #HUT7yVSii61ro6JSSo actually what kslaughter did was spend his investors BTCs on 3rd party crap/overpriced hardware(Avalon and HashFail) instead of developing his own chips after 3 failed projects. Such a mess. Props for his if he reaches 1 year from IPO with absolutely nothing except refunds and dust dividends! |
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Can't wait to receive double the order i made with so many refunds (won't happen, but i like to dream) |
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It's probably mis-identifying change outputs as part of the tx. Be sure to click on the thing in the bottom-right that says "Click to show tx info" (or something like that). it will show you a full list of inputs and outputs, with the wallet IDs next to them. My guess is that you will see 6.4999 in inputs from wallet X, and then 1.4999 BTC in outputs going back to wallet X. Then there will be a 5 BTC output going to the expected address.
We noted in 0.90 some issues with identification of change outputs, etc, and we attempted to resolve in 0.91, but the algorithm isn't perfect.
Where is that bottom-right thing that says "Click to show tx info"? In what window? Main window? Wallet window? Send window? |
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Thanks! I'm sure everyone here is excited for your review! Do you plan on overclocking and/or undervolting it as well to test the range of function?
Not currently, just an out of box normal review. When do you expect the card? Being a shareholder you must have some delivery dates. |
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Spondoolies are around 0.9 w/gh at the wall What is this offering at the wall? Not 0.5 I bet. Who is the ESCROW? Thats what they are claiming. Although I don't think they are legit. But escrow.com is legit 0 tech specs. I'm pretty sure they have a way to trick escrow.com because i don't understand how can you have in stock miner but show 0 proof. |
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Fee Update (3/31/14)
In the recent news i would like to know under what jurisdiction is the pool operating and under what circumstances will you release miners info to authorities? The pool is in the United States. If I'm given a warrant, I must comply. If I'm given a subpoena asking for specific information, I will comply. If what I'm provided with appears to be nothing more than fishing, I will request clarification/specifics before taking any action, but if legally required to do so, the information will be provided. Not that any of this makes much difference, since the only miner information I can provide is what users provide to me, which is extremely limited. If I'm asked what John Doe mined on BTC Guild, I cannot answer unless other information is given to identify which user was John Doe. Thank you! |
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Fee Update (3/31/14)
In the recent news i would like to know under what jurisdiction is the pool operating and under what circumstances will you release miners info to authorities? |
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Just in case there is any doubt that these are bespoke chips (click through for HD pr0n):
...
Sweet pics  Thank you for sharing! |
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So we have proof people won't see their Neptune until August/September/October/November/December? I can't believe it  I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2 Why would they do it? They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read. We don't have 100% proof yet, but we will see. Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right? I figured about 3000 Jupiters in October (deathandtaxes had a similar figure). November I dont know. deathandtaxes called it the same amount as October, so that is a good figure if you want to do some calculations. So we have ~1710TH/s in October and another ~2010TH/s in November for a total of ~4000TH/s(with overclocking). Rounding up to ~16000TH/s everything sold. |
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How long will the Sunon coolers that run at 100% last?
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You set up your wallet software such that it automatically spends the last earned coins, which makes it a wash generally (or yields a small gain for which you need to pay taxes and be happy that you get to keep about 60-90% of the purchasing power that would have been 100% lost to inflation in the case you had been using USD instead of Bitcoin). This is similar to using currency.
If you are spending more than you earn, then your wallet spends the coins that were accumulated earlier, in which case you suffer a larger tax hit. This is similar to selling your investments for profit, and paying taxes.
Can someone else explain why this is the end of Bitcoin because I fail to see it?
Best idea regarding the tax implementation! |
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Alright I purchased one of these cards because I'm curious (And it went down $1,000 still making it a little high in price but much better). Let's see how long it takes to get to Florida.
Post a review when you get it! |
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So we have proof people won't see their Neptune until August/September/October/November/December? I can't believe it I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2 Why would they do it? They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read. We don't have 100% proof yet, but we will see. Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right? |
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(8 ) Every day we go lower, there has to be new sellers selling a growing number of coins to satisfy even stagnant demand. I would not bet it happening indefinitely.
You are ignoring my point about marginal supply and demand sets price. We can't use fundamental demand arguments during a speculative move. The lower the price goes, the more panic selling among those who bought at higher nosebleed levels during the 2013 bubble. At what price did the huge surge in new buyers come last year? Looking at a volume x price chart from 2013 should tell us where the bottom should be. I don't believe that the ones that bought at higher levels will sell bigger as the price goes lower. One argument would be that i think the most that bought at higher levels can afford to wait at least a few months and weren't so dependent on a very quick profit. |
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