I really don't understand the complaint. I can't afford a Ferrari or a Lamborghini, but I don't whine about it on a public message board.
If your concern was really about securing the network (as opposed to profit), you would just buy some ASIC Miner shares at an amount you could afford, or even some of the escrowed group buys that people on the forum have been advertising. Then your money is going toward increased hashing. I suspect you just want to make a ton of money though, and are bitter that you can't afford to buy an ASIC of your own. Am I right?
I cant afford a Ferrari as well, but I have allot of alternatives which suite my budget, and yes I do not care only about the network security I would like to mine Bitcoin and use the side profit to support my family, this is nothing wrong, am I right ? and I do not have the 9000 $ to join your club, and even if I had I wouldn't pay that much because I think long term, these asics could be at reasonable price so all of us could buy one, and companys would still make a load of money. you are just missing the point here. these ASICs are not worth all that money, with these prices you are limiting the customers to a small group of people. These guys are throwing around these numbers probably because they have been mining for a while and where able to mine bitcoins before they where $100.00+ a piece. regardless when they did start mining, they are just ignoring my point here ! |
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I really don't understand the complaint. I can't afford a Ferrari or a Lamborghini, but I don't whine about it on a public message board.
If your concern was really about securing the network (as opposed to profit), you would just buy some ASIC Miner shares at an amount you could afford, or even some of the escrowed group buys that people on the forum have been advertising. Then your money is going toward increased hashing. I suspect you just want to make a ton of money though, and are bitter that you can't afford to buy an ASIC of your own. Am I right?
I cant afford a Ferrari as well, but I have allot of alternatives which suite my budget, and yes I do not care only about the network security I would like to mine Bitcoin and use the side profit to support my family, this is nothing wrong, am I right ? and I do not have the 9000 $ to join your club, and even if I had I wouldn't pay that much because I think long term, these asics could be at reasonable price so all of us could buy one, and companys would still make a load of money. you are just missing the point here. these ASICs are not worth all that money, with these prices you are limiting the customers to a small group of people. |
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Angry and aggressive? You were just plain wrong while qq'ing about a topic no one cares about. I see that you do care, am I wrong ? otherwise you wouldn't waste your time reading and replying to such a thing . |
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ASICminer is one of the few who delivered something that actually is in stock (not a Pr-order) and works right away out of the box, but I think that these ASICs in general are way over priced, regardless how much money you will make the first month (on This deff.factor, and BTC price), because when I invest my money I look at the long-term aspect.
A blockErupter @ 10 GH/s for 60+ BTC is really over priced this is ~ 7500 $ , my suggestion is a max of 20 BTC .
The USB miner @ 300MH/s for 2.5 BTC as well is really over priced ~ 315 $, my suggestion is a max of 0.8 BTC .
Avalon had 3 batches with total a of 1500 Unit, allowing customers to buy a max of 3 units for each customer, but I know people who ordered 3 units on all 3 batches, so do the math and I am sorry to tell you, you cant join the AVALON club
BFL, well what can I say about BFL, if they just really had something to deliver on time , they really have a reasonable price.
why I stopped caring about ASICs and mining BTC in general is for this exact reason, as a small miner and a father of 4 kids, there is no way that I can afford to buy these ASICs, I know that these chips are the future of BTC mining and it is really a good thing for the network security, but the fact that there is a VIP club or let me put it in other words, a club of people with a bag of money investing in these ASICs, which means that few people controlling a big part of the network, just because these prices doesn't allow all of us to participate and get the chance to be a part of it.
these company’s are making a huge profit out of you guys. the first batch of blockErupter went for around 19xx BTC this is more than 240,000 $ for 50 blocks( 500 GH/s)
Just think about it
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ASICminer is one of the few who delivered something that actually is in stock (not a Pr-order) and works right away out of the box, but I think that these ASICs in general are way over priced, regardless how much money you will make the first month (on This deff.factor, and BTC price), because when I invest my money I look at the long-term aspect.
A blockErupter @ 13 GH/s for 60+ BTC is really over priced this is ~ 7500 $ , my suggestion is a max of 20 BTC .
The USB miner @ 300MH/s for 2.5 BTC as well is really over priced ~ 315 $, my suggestion is a max of 0.8 BTC .
The reason why I stopped caring about ASICs and mining BTC in general is for this exact reason, as a small miner and a father of 4 kids, there is no way that I can afford to buy these ASICs, I know that these chips are the future for BTC mining and it is really a good thing for the network security, but the fact that there is a VIP club or let me put it in other words, a club of people with a bag of money investing in these ASICs, which means that few people controlling a big part of the network, just because these prices doesn't allow all of us to participate and get the chance to be a part of it.
these company’s are making a huge profit out of you guys. the first batch of blockErupter went for around 19xx BTC this is more than 240,000 $ for 50 block , come on people open your eyes.
If just BFL had a real working chips and did deliver on time, then it would make sense to order some ASICs at the prices they are offering .
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Guys can you post updates about the developing process, I am really excited about the hole thing and would like to see this topic with regular updates, and I think I am not the only one here. thank you
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Regarding TradeFortress arguments, i think i am already familiar with the way is thinking (but is not the only one, most of the guys who made good money mining bitcoin have the same attitude): the developers should get nothing, they should "donate" their time to the project to make other people rich, and if is possible they should also invest some of their own money to get the project going. This is the biggest problem of the crypto currency now, but maybe in time, this will issue will be resolved.
That's not my point. My point is that this is a commercial endorsement, by what I believe is one moderator, on a shared space where it is putting other coins in an unfair disadvantage. Funding for cryptocurrencies will evolve to businesses funding developers to work on Bitcoin. Same thing with the Linux kernel - most of the commits are from developers employed by companies. That's not a problem. jgarzik is one example, he's employed by Bit-Pay. Fundraisers / donations are not bad however. My point is that this thread shouldn't be stickied  your arguments are invalid, you want to know why ? because I say so. just go back to your posts and scroll down and read what you are writing, I think you hate LTC that much that you became confused. and just do not wine about how you own some LTC because this changes nothing, it is the same like I have a job that I love but a team that I hate, but I make a decent money and this is why I am not complaining about it, it is like BTC/LTC you love BTC but you hate LTC. I went back to look to your posts, you didn't leave a chance without showing your hate for LTC. Edit: I take back the get out of here, actually you can do/write what ever you want. |
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Great news, I was waiting for this news so long, I will start donation with 5 LTC , I will do my best to donate even more .
edit: sent another 5 LTC
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Just checked the withdraw options and it seems paypal's there, skrill also. Did anyone use those, do they actually work? If they do, very nice, gg btc-e  I wouldn't consider using Paypal at all , I tried it once and lost allot of money, they charge you 0.2 fee for your trade than 6 % to withdraw, than Paypal charge you again with even bigger fee for receiving the money, and than if you want to convert from USD to your local currency (Euro in my case) you will lose another X% of the conversion because of the low rate that Paypal offers. Just keep away from Paypal really. OP, I think that LTC is undervalued because of BTC-e, a real investor wont go there at all , because it is so hard to get your FIAT into there, so only miners are speculating and buying and selling from each other. this is why LTC is undervalued, when it will hit Mt.gox we will see the real value of it . we need BTC-e until Mt.gox add LTC than BTC-e will die any ways , only the ALT junk coins will be traded there. |
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I will still mine LTC even if there will be 50% less profit than BTC, there is a future for it , I just wish if there would be more developers involved .
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I just got a PM from a member who said that he/she knows some one in hight position in UNICEF and that he would talk her out to accept BTC.
If that guy succeeded to do it, and that we can see a prove on their official website with an announcement on media, than I would like to ask Phinnaeus Gage to create a Donation address that we can send donations for UNICEF there and I would like him to handle this thing (if he agrees) as he did it many times before and have more experience.
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That's exactly what Bitcoin100 does.
ok, I get you there you suggest that we can just donate to bitcoin100 ? and this will do it, you are even trolling or missing my point here, i did choose UNICEF for a reason, there you go guess why. as long you are still thinking inside the box we are not going anywhere, so bitcoin inside bitcoin community wont help that much, maybe you are helping people but you are not doing much for bitcoin Currently, Bitcoin 100 is donating $1,000 USD worth of BTC to most any NPO/NGO that simply embeds a Bitcoin donation option onto their website. That is it! No strings attach, though we prefer them to keep the link up for at least a few months. That said, if you can get UNICEF to come on board and start accepting bitcoins within the next 30 days, Bitcoin 100 will donate twice the amount--$2,000 USD--to them, being that they're a renown NPO. ~Bruno K~ I really wish to add them to your list, I cant do it alone, this is why I need help and support from all members. I wont lead it as well, I brought the idea and when allot of us are willing to help we will choose people who can present us in a good way. |
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That's exactly what Bitcoin100 does.
ok, I get you there you suggest that we can just donate to bitcoin100 ? and this will do it, you are even trolling or missing my point here, i did choose UNICEF for a reason, there you go guess why. as long you are still thinking inside the box we are not going anywhere, so bitcoin inside bitcoin community wont help that much, maybe you are helping people but you are not doing much for bitcoin |
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mmitech -
you should consider the approach i suggested last month.
make a POT of bitcoin donations and an organization that MEETS a certain criteria (doesn't have to be specifically UNISEF) who wants it will have access to it. that way when the pot grows BIG ENOUGH people will be all to eager to take it. (with stipulations like not being able to convert to fiat for 6 months or something)
making a charity will take a hell of a time to build a reputation, than you really need to have the knowledge where and how to help people, when I suggested UNICEF it wasn't a coincidence, UNICEF has been doing this for long time and they earned respect and legitimacy. this is why we need them and exactly them, or maybe an organisation as big as them. think for the long term, this would be a great thing for people there in Africa, your 1 BTC could feed a family for 3 months at this price,r 0.01 BTC could feed a family for a day or two. only the attempt to do that is something, and even if we wont succeed will this bring us widely to media in a positive way, if they will accept it is even better. you didn't understand what i was saying. i meant that getting a large pot of coins (not starting a charity) and then donating the whole pot to whichever organization (unicef or other) that meets certain criteria set up so it could be set on certain parameters and whichever charity that meets the criteria requests the bitcoins would get a nice giant pot of coins sorry, I understood it the other way, but this could work as well, as long as the charity is big, and have a worldwide reputation, because we have to think global. |
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Op why don't you contact Bruno (Phinnaeus Gage) at Bitcoin100 and donate your 2 btc?
you are really missing the point here , I can donate my 2 BTC right now, but we want to do it massive for a good cause to bring the media attention. it is a win-win case, my 2 BTC wont change the silk road picture and money laundry and.... that people have about BTC I just realized that you don't know what Bitcoin100 is: https://bitcointalk.org/index.php?topic=52543.012-Mar-21 Group B Strep Inter.. - ฿127.35400000
12-Jul-20 Kenija2012.net - ฿100.00000000
12-Dec-14 BUND Berlin e.V. - ฿100.54164468
13-Jan-02 My Refuge House - ฿100.00000000
TOTAL - ฿427.89564468 i do not know a single charity of those listed!! you get my point now ? edit: but thank you, I did not know of that thread, I will consider donating there as well. |
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