This great, but if this a health market, then it must be a long upward trend ,since more people will coming. If suddenly it decrease at your expectations ,there must be something happen , you should be carry a full research before you really get it . [/quote] I agree but I'm only getting in on my terms if I miss the train its on me if I nail the right moment then bravo luck and patience wins the day. Till then its a show I can watch for free. [/quote] No worry ,there are one big wall on sell bids ,price should be stay in this level for quiet long time. |
|
|
|
Ok, still I do not think these USBs are good buys to use anymore. Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.
I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though.. It isn't that bad ,if you consider you get you coins around 70USD today, if someone can buying your device in E-bay then just make profit with them. If not, assume that 1 USB can mining at today's price level can pay it self back around 200 day (with 10% difficulty adjustment). 200 days later ,BTC it self become 150USD. You get 150 USD by that time ,and rest of the time, you get extra profit.. but this still a gamble with market trend.. It depend on what you thought of BTC price in the future. why not just buy BTC and wait price to go high ? Sorry ,my math was wrong ,If BTC price go upward , you mining income will steady follows with it , and thereby you will get quick pay back than what I had specif above. You will earning more value other than just hold BTC in hand. |
|
|
|
I never say that BITFOUNTAIN need to be pay rent regard to whether they are company or not. They must pay rent for sure...I just stated that Friedcat isn't deducting rent and cost of electricity from our mining revenue, because he is a visioner , he want us happy, make more BTC and if we are happy , then BTC can get more chance to go succeed...
This thread is a madhouse. Has everbody gone nuts? What happened? Am I wrong ?If I was wrong, please correct me. thanks |
|
|
|
Ok, still I do not think these USBs are good buys to use anymore. Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.
I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though.. It isn't that bad ,if you consider you get you coins around 70USD today, if someone can buying your device in E-bay then just make profit with them. If not, assume that 1 USB can mining at today's price level can pay it self back around 200 day (with 10% difficulty adjustment). 200 days later ,BTC it self become 150USD. You get 150 USD by that time ,and rest of the time, you get extra profit.. but this still a gamble with market trend.. It depend on what you thought of BTC price in the future. |
|
|
|
It seems right now that it is holding around 70. It's still not as far down as I would like to get on board. Jarowslaw said it should be around the 50s today but I still see 69 70s. I can't buy in on this level yet but I want to be in as close to the early adopters as possible. I believe in the product. I believe in the cause. But being selfish means I want as little sacrifice as possible  If lot of people sharing the same wishing as yours, Then it may be very difficult to convince other holders to selling at your expectation. You may get disappointing on it. I don't expect people to do as I wish I expect, that I use selfdiscipline to bring out my best decisions and my decision is to wait. Until it comes down to where I want it to. It may be a long wait but it it doesn't cost me anything to wait I don't have an investment yet. This great, but if this a health market, then it must be a long upward trend ,since more people will coming. If suddenly it decrease at your expectations ,there must be something happen , you should be carry a full research before you really get it . |
|
|
|
god grow up
why not sell if we havent hit the bottom yet
Because then I would be propping up overvalued fiat and financing neo-colonialist racist regimes and their absurd wealth squelching borders. How's that for you? Flushing your toilet pollutes our water in some insignificant way, and surely several orders of magnitude more significantly than selling your few BTC will to "prop up fiat". Will you also choose to compost your stuff in the backyard instead? You know, for the good of humanity and such noble objectives worthy of pursuing in detriment of your time and resources? Every little bit makes a difference. For aesthetic and practical reasons I do find traditional toilets to be better. Gardening is not an efficient use of time by the obvious measures, but you can save on a gym membership by doing it, and I happen to believe that the irradiation of industrially produced vegetables eliminates a lot of bacteria that are beneficial to our immune and digestive systems. I don't have time to garden right now anyway... but in Germany there is centralized compost centers, so I do compost. The only thing keeping fiat going is hundreds of millions of people who believe in it and use it. This is understandable since for a long time there was no real alternative. Now there is. You can try and deride me for having objectives other than personal profit all you want- my motives are still the same as yours, but I am looking at the long term. What is good for one is good for many. Maybe I am one of a few now but I know there are more like me out there. The more people we have who believe in bitcoin and use it, the more money we are all going to make. The more people we have trying to make a grand here and a grand there the longer it's going to take for bitcoin to take off. What is good for bitcoin is good for all bitcoin owners. If I need to sell bitcoin to buy stuff only sold with fiat I will, but I won't hold any more fiat than I have to and I won't contribute to volatility. If the bitcoin community works in concert we have the potential to make this more profitable than all the profits of all the day traders on wall street for the last 20 years. This what I am considering to do , if people interest in make short run profit ,please go to PLUS 500 or you can go to BITFUNDER, OR BTCT... there are perfect place for you to creating volatility and get profit on it. |
|
|
|
You don't expect it to go straight up or straight down, do you? The speed with which it rose from $13 to $260 means it will take some time to find a true bottom before it can resume its way up.
Looks like 60s is bottom and pretty strong. |
|
|
|
im a miner and i didnt hear about this. so the union cant be that big.
So what , if you are miner you want to sell btc expensive or cheap? this is human natural...Even not need to be mentioned. |
|
|
|
Its all about how much profit you want right now, but as OP states, BTC WILL hit $100 eventually. Sooner rather than later.
The price bottom level also determine by what the price paid for it ...I think after the media bubble , lot of new investors are buying BTC more than 100USD..if they are rational, they will not sell , thus this could thinning supply. |
|
|
|
Ok, time to invoke Rpietila: "At this point, given market sentiment and fundamentals, I don't think we'll ever see <$70 bitcoins again." Bull traps are guaranteed. Watch as sentiment reverses as the pigs buy in and get slaughtered.  You know the market will try very hard to shake us on our ground, right? Are you sure of your position? Really, really sure?  Ooh, sounds like someone's got cold feetz  This what I believe too ,My money still can;t get in time ... |
|
|
|
Hey guys, i let you in on a little secret: the largest and most powerful miners are unionizing. They have agreed to take _%_ profits from sales and place bids with that. No requirement to place bids that are likely to be filled. Just within about $10 of current orders. They can be pulled too, without punishment/scolding from leaders. The idea is increase sense of support = temp stimulus until more USD comes to Gox.
So as long as this stimulus can last, it is a good time to buy! My bet is it can last years. It is a virtual certainty that demand/USD shall return within then.
ps:
insiders who have emails/forum posts from the union "leaders" plz post so folks here don't think im a liar.
Source ? Who are they? U jockin' right? It is basic true, no one want to lose their investment in miners. even not need a prove to that , this is basic human natural being. |
|
|
|
Hey guys, i let you in on a little secret: the largest and most powerful miners are unionizing. They have agreed to take _%_ profits from sales and place bids with that. No requirement to place bids that are likely to be filled. Just within about $10 of current orders. They can be pulled too, without punishment/scolding from leaders. The idea is increase sense of support = temp stimulus until more USD comes to Gox.
So as long as this stimulus can last, it is a good time to buy! My bet is it can last years. It is a virtual certainty that demand/USD shall return within then.
ps:
insiders who have emails/forum posts from the union "leaders" plz post so folks here don't think im a liar.
I like you head portrait....this guy spreading BTC going to be dead for year .... |
|
|
|
Just two question can makes you thinks the same way with me: Did Friedcat deducting any mining revenues because he said he need to pay electricity or rent?
So who pay the rent and electricity? further more , You really think AM is Co??? if it is why should Friedcat not deducting your BTC to pay the electricity and rent?
Again be realistic, Friedcat just want to ensure BTC become succeed by contributing his effort in it ,also by giving out more BTC to the public.
He is a visioner, this what I thought of this guy.
ASICMINER is a part of Bitfountain, which you will find is a legally registered company in Shenzhen. That information is on the first page of this thread. Electricity and rent are probably deducted from the hardware sales revenue. Why on earth would you think rent and electricity would not have to be paid if there AM was not a company?? Don't bother answering - the amount of irrelevant and unsubstantiated misinformation you are cluttering up this thread with is unbelievable, and you are hereby ignored. I never say that BITFOUNTAIN need to be pay rent regard to whether they are company or not. They must pay rent for sure...I just stated that Friedcat isn't deducting rent and cost of electricity from our dividend, because he is a visioner , he want us happy, make more BTC and if we are happy , then BTC can get more chance to go succeed... BITFOUNTAIN is a company that registered in GLBSE which is closed , can you take out any specify information to prove that shows BITFOUNTAIN is a company registered with Chinese government ,and in its article of incorporation (article you will require to registered a company in China) shows they were a company that dedicating in BTC mining and selling mining rigs. please do not bother, share with us. You really think Chinese government will approve that company that mainly mining BTC ?Again you are over estimate by that Chinese government are so fashionable... (If it is registered with the government , it can not be that they are a company that dedicating in BTC mining, To registered company in China ,you will need explain what you doing ,and many of areas are prohibited to be registered by natural person.) Electricity and mining are deducting from Hardware revenue? who tells you that  Before they sales any miners to the market , they are not deducting any rent and electricity from mining either. People please be realistic and logically.. Some folks are seems knows nothing about China. |
|
|
|
If China is such a heaven, why do Avalon need to bribe a DHL manager to push their devices out of the country? And why doesn't friedcat reveal his name? I live in a post-communist country and here the less attention you receive from government organizations the better.
Avalon bribe a DHL manager because they want to push their devices out of the country ? evidence please? Friedcat was showing his self in the conference in Shanghai. |
|
|
|
This is a perfect demonstration of how little you understand about Co's and how money moves around in a business. 2 x LOL
Just two question can makes you thinks the same way with me: Did Friedcat deducting any mining revenues because he said he need to pay electricity or rent? So who pay the rent and electricity? further more , You really think AM is Co??? if it is why should Friedcat not deducting your BTC to pay the electricity and rent? Again be realistic, Friedcat just want to ensure BTC become succeed by contributing his effort in it ,also by giving out more BTC to the public. He is a visioner, this what I thought of this guy. |
|
|
|
Do you understand how laws work? It DOES mean we (and more pointedly, friedcat) need to pay tax. Do you think a company that digs gold out of the ground and then sends gold to their shareholders would be tax-exempt?
Tax codes are FAR, FAR more complex than you seem prepared to accept. This sort of circumstance is covered for anything that has a fair market exchange rate (and bitcoin does, as we are well aware).
Obviously, you are made it more false, Law recognized Gold as a commodity , not BTC~~~ how could you use the totally different concept to make this false comparison ? OK, forget BTC. When you move something like mining devices across the border, especially in quantities, you must declare it. When declaring, you must state the price. Either friedcat undervalues the devices or declares full price, it will eventually attract customs' attention. Does friedcat carry out these mining equipment over the broader by his self ? Chinese government does not impose high duty on export ,instead they encouraging people to export as much as possible. (this conclusion is comply by most industries, but there are still some industries has high duty on export). Most of his devices are directly send it to your ordered address, and most of them a small shipment in size of measuring. They are totally not eligible for what you mean by export duty. And Chinese government does not tax on someone sending small things to oversea by his/her self, rather than under a registered company name. If anyone had purchase USB OR blade directly from FC before , then he/she can prove that his parcels is under personal name or company's name , then we can noticed whether AM a registered as a company in China or not , or to determining whether they pay export tax or not I personally believe that AM is not a what you perceived as a company.. Anyway so what ? people buying shares is because the trusted been placed on him, not rather than any other specific documentations. |
|
|
|
No worry , Just wiring another 20K to MT.GOX ..This is the ever chance since I joint the BTC virtual game...
another 20k? I hope that the wire takes a long time, because if you buy right now at ~$70, you'll be kicking yourself in a week or two.. I bet on no,because most people are buying BTC more than today's price,they will hold price steady and bumping it back to around what price they paid for. Do not ignored those newbies they are burning right now by today's price ,they will do something. |
|
|
|
Do you understand how laws work? It DOES mean we (and more pointedly, friedcat) need to pay tax. Do you think a company that digs gold out of the ground and then sends gold to their shareholders would be tax-exempt?
Tax codes are FAR, FAR more complex than you seem prepared to accept. This sort of circumstance is covered for anything that has a fair market exchange rate (and bitcoin does, as we are well aware).
Obviously, you are made it more false, Law recognized Gold as a commodity , not BTC~~~ how could you use the totally different concept to make this false comparison ? |
|
|
|
|
Seems again ,you guys are over estimate to Chinese tax law.... It is very simple assumption if BTC isn't a currency.. Can you tell me where is the income for AM?
NO INCOME = NO TAX Right ?? how could a place in earth will tax on someone that does not have legal income???
Can you guys just be more realistic...
|
|
|
|
|
Show Posts
