It's amazing how can panic sell turn to panic buy in a blink of an eye
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Wow, did you see the guy doing a market order buy for almost 3K coins? He move the price almost $10
This market is so illiquid it's like a joke!!
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2 days untill the 90's level, ahhhhh, nice little suckers run, but lets face it, 160 dollars, HUGELY OVERVALUED atm, 90 dollars is a nice ground, and unless people feel it should be worth more, it goes down, never sits still at price for too long as thats boring and noones in this to buy bitcoins and use them, jsut to have fun trying to get rich quick, therefore, unless people believe that bitcoins should be worth more and want to be burnt like last time, we're going down to double digits baby ! here it comes
GREAT, CHEAP COINS AHEAD
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The point is it will collapse soon enought maybe today, maybe next week. But it will and i will laugh in your face and buy your chip coins You won't buy my cheap coins, because they are not for sale. And by the way: cheap coins can be $200 per coin or $0.6 per coin, it depends if you just discovered BTC or not. Most of the ones that are into bitcoin for at least 4 months bought BELOW $20 (January 2013). You are a noob, I can bet you bought way above $20 - good luck with buying coins below $5, $10 or even $20. Summing up: wake up, is the ones who were around for months who are laughing at you. Feel proud for buying back at $60... Yeah, so proud
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If you want to buy cheap coins you really need to make a better effort than this lol. I sold them all at 160$ sir And you didn't rebuy low? Congratulations you managed to pay gox some free transaction fees without losing any money. I buy in january when it was about 15-20$ then sold at 210$, then rebuy at 60$ and sold at 160$ and i think it will fall soon enough i graduate economical school so i know something about it Oh yeah, and what's your entry point? Please tell us, so we can quote the post if you fail to buy-back.
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Sácalos de mtgox y ya está, en diferentes wallets, en varios pendrives, en papel y por supuesto cifrado así si te roban el wallet o las claves pública y privada no podrán hacer uso de ellos por que necesitarán la contraseña de cifrado del wallet. Obviamente no estoy hablando de tener el dinero en mt. gox. Sólo un retrasado dejaría guardado el dinero en un exchange. Me refiero a que depender de mt. gox para valorar el precio del Bitcoin lo hace muy débil, un ataque como el de la semana pasada y se lía parda. Bueno, a bote pronto dejar dinero en el exchange sería más seguro que dejar bitcoins, porque el dinero es un apunte contable mientras que las bitcoins se pueden transferir y las has perdido. Teniendo dinero te puedes aprovechar, también para comprar cuando el mercado está cayendo, si esperas que vuelva a recuperarse, y tienes mayor liquidez que transfiriendo bitcoins al exchange en ese momento, por el retardo que te imponen las seis confirmaciones (una hora). ¿O me pierdo algo?. Lo que dices no tiene ningún sentido, es igual de peligroso tener el dinero que los bitcoins. - Si te hackean la cuenta tan fácil como convertir el dinero a bitcoins y retirarlos. - Si el exchange cierra, tiene problemas con el banco, etc, tu dinero también desaparece. Por seguridad es mejor tener el dinero/bitcoins en el exchange lo mínimo posible, y si podemos elegir otra vía como localbitcoins, por ejemplo, muchísimo mejor. No ha habido JAMÁS un solo robo en MtGox a alguien que usara 2FA. Sólo les roban a los que: NO UTILIZAN 2FA (fail), y además: son infectados por un virus, por ejemplo vía Java Drive By o simplemente por ejecutar software malicioso, o simplemente usan una contraseña demasiado débil que puede ser encontrada por fuerza bruta.
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Sácalos de mtgox y ya está, en diferentes wallets, en varios pendrives, en papel y por supuesto cifrado así si te roban el wallet o las claves pública y privada no podrán hacer uso de ellos por que necesitarán la contraseña de cifrado del wallet. Obviamente no estoy hablando de tener el dinero en mt. gox. Sólo un retrasado dejaría guardado el dinero en un exchange. Me refiero a que depender de mt. gox para valorar el precio del Bitcoin lo hace muy débil, un ataque como el de la semana pasada y se lía parda. Pues que sepas que está lleno de retrasados con miles de BTC y millones de € con su dinero en el exchange. Para eso está un exchange, para hacer trading - vender y comprar, muchas veces a diario, para sacar provecho de la volatilidad en el precio. De hecho, ahora mismo en el "order book" de MtGox hay aproximadamente 20 millones de USD y 101.520 BTCLo puedes comprobar aquí ( www.bitcoinity.com) o en blockchained.com. Imágen: Si lo que quieres es comprar BTC para guardarlos en papel y olvidarte de ellos durante X tiempo, ni siquiera necesitas un exchange: se lo puedes comprar a alguien en localbitcoins.com, por ejemplo. Pero los exchanges son para que los traders tengan en ellos las posiciones con las que tradean. Ese es su trabajo, y lo normal es que tengan cientos de miles de € y miles de BTC c/u. Mucho "retrasado" como tú dices.
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Well assuming the Difficulty is at 20m by time the deliever the large Jupiter, at is still making about ~$950 a day. At 30m, it drops to ~$650 a day. Still not too bad for a $7k investment.
No way difficulty will be 20m when Jupiter hits the market. Difficulty will be 20m when Avalon batch #2 hits the market -> and that will be quite a few months before you will even see a Jupiter prototype (if you see one at all)
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Yeah, I realized I got google'd. hahaha.. ok well, then, for the future con artists, be sure to start your scams 5 years ago.
For reference, I asked one of the other thread group buyers if I could just copy his style, and he said everything is ok.
For full disclosure, I have an account on localbitcoins with the same nick, but only 2 ratings. I reserved my nick on irc #bitcoin-otc, with no ratings, but GPG authenticated and bitcoin address authenticated. It doesn't mean much, I just made those this year. But, I am heavily relying on the fact that I'm a real person. (I don't know how you define real or fake, but whatever.)
I live in one city, I work in another (a half hour drive), ... and I like bitcoins. I also bought all I could buy from the first group buy.
When the other two group buys are over, I'm hoping some other people will come here. But I am also hoping to see a lot of local buyers as well. I may extend the deadline depending on what the other buyers feel, I just want to facilitate this. There are filipinos in other forums that have been mining since CPU and GPU days, so here's my opportunity to help them get in on the ASICs.
And I am hoping someone will find a local electrical engineer to do the assembly.
Again, difficulty is going up to 1 billion (or whatever). So keep that in mind. I still think you can earn a decent ROI until the end of the year though.
Going to sleep now. I'll check this thread tomorrow evening. Good night.
You are completely crazy if you "hope" to find a local electrical engineer to do the assembly. This is no easy task: ask to BFL, bASIC or also Avalon. Just check their machine, what they did to the TP-LINK router, they had to tweak it for it to work as desired, and that means TIME for TESTING. And you know in this game TIME is everything. If you took the time to speak with an electronic engineer without posting your crazy offer, you would know that he needs to know very well BTC mining. Otherwise, when the units won't work, he won't know WHY. Thus, if you don't have an electrical engineer with deep experience in mining BTC with FPGA's leading your project, you will also make your "group" to incur in heavy losses, as you won't be able to have working units for MONTHS. Again: ask to BFL. Yeah, you can count that the documentation from Avalon will be PERFECT, that you will be able to easily replicate their machine with that documentation, finding all the components (among which a modified TP-LINK router that is only distributed in China) very fast... But you would be dreaming. Some of you guys are completely crazy, buying +$100,000 worth of chips in order to replicate a machine you don't even understand. You think it's an easy job? You will be burnt big time.
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How much were you paid to use such a ridiculous title for this thread? BFL's Jalapeno exists - I have one in my hand and just uploaded a video You could have used: it is not a scam, BUY BUY BUY! I can imagine how much you were paid. You were paid..... A Jalapeno. Nice and cheap way to buy someone. Shame on you.
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Isn't their first Mars miner technically an FPGA?
And why does their 250GH/s miner need to be water cooled? I thought ASIC chips were cool to begin with?
Well, define "cool". Just check the thermal images of the Avalon: https://en.bitcoin.it/wiki/AvalonWater cooling is always nice.
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Very low volume ATM
It seems all the buyers are on hold - same thing for the sellers.
But the last few days rallies where on small volumes, crash on high volumes. It's usual like that in BTC, but this seems more pronounced. Last day of rally on big volumes was April, 19th.
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This is hilarious man
ROLF
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yep i sell and waiting for big pop out of bubble keep waiting
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Paypal will never embrace BTC, because BTC is a natural enemy for Paypal. It endangers their position.
At best, they are looking "into BTC" to understand how it works... For them to create their own cryptocurrency.
They do not like "decentralized" systems, and they want you to need a trusted third party (Paypal), which you do not need at all with BTC
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X-posted from my other post:
"The real value for the consumer here is the FDIC insured, household brand name wallet that makes them feel safe and cuddly when they hold their bitcoins there. Make no mistake about it, this is the smart and only play."
The biggest hole in bitcoin right now (for the majority of online users) is security and Paypal fills this hole with flying colors. They dont have to do anything else and people will happily pay 1-3% on every transaction just for the peace of mind of knowing its in a safe place and you dont have to be an expert in cryptography to store it. This is a no brainer in terms of strategy.
So you propose Paypal to become a "bitcoin bank". They guarantee your funds for a %. It's indeed a service needed for a BTC wider adoption, but it is not Paypal's core business. And BTW, Paypal's core business is endangered by BTC, just because Paypal is that "trusted third-party" you don't need any more to transfer your money electronically. Well, more than guarantee your funds, they also get back their status as an all in one payment solution (they were that before bitcoin...). That is nonsense, because Bitcoin was designed so you don't need to place any trust on a third-party, thus is a natural enemy for Paypal. Paypal is that "trusted third party" to which you rely in order to transact electronically with your money.
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I will reply here tomorrow, so you can see your stupidity.
If you really think you are able to predict the future price based on a silly graph then you are extremely delusional. Markets almost never play out exactly like you think they will, or we would all be rich. Now go short on bitcoins like there's no tomorrow and become a rich mofo. We'll talk to you tomorrow. You are just stupid bull sir. Just watch today movie on http://bitcoin.clarkmoody.com/ tickets are freee So let's see where we are tomorrow - ok?
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X-posted from my other post:
"The real value for the consumer here is the FDIC insured, household brand name wallet that makes them feel safe and cuddly when they hold their bitcoins there. Make no mistake about it, this is the smart and only play."
The biggest hole in bitcoin right now (for the majority of online users) is security and Paypal fills this hole with flying colors. They dont have to do anything else and people will happily pay 1-3% on every transaction just for the peace of mind of knowing its in a safe place and you dont have to be an expert in cryptography to store it. This is a no brainer in terms of strategy.
So you propose Paypal to become a "bitcoin bank". They guarantee your funds for a %. It's indeed a service needed for a BTC wider adoption, but it is not Paypal's core business. And BTW, Paypal's core business is endangered by BTC, just because Paypal is that "trusted third-party" you don't need any more to transfer your money electronically.
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I voted "<100" just for teh lulz.
But really. Having trouble comprehending how Paypal/WU could use Bitcoin? 1) Offer their regular service at their regular price
2) Use bitcoin INTERNALLY
3) Reduce overhead involved with transferring USD
4) People will still use it, since they "trust" paypal but they don't have the knowledge/don't trust bitcoin. Paypal takes the risk of bitcoin and sheep get to continue using their USD, it's just that now Paypal has increased their profit margin by a significant amount.
And yes, they are big boys, they know how to not get burned by exchange rate fluctuations. It's not like we don't already have thriving companies that have figured out how to manage.
That's just one of many options. They could also decide to become an exchange, wallet provider, or both. Of course they would provide a front-end that would be very vanilla and regulated compared to bitcoin - i.e. might only allow transfer to Paypal bitcoin accounts, would require identification, etc. etc. It would be like a watered-down version of Bitcoin for the sheep. Hey, still better than no bitcoin.
Again, just several options/ideas and I'm sure their executives are dreaming up strategies to incorporate it without driving people to actually abandon Paypal completely in favor of bitcoin.
I could see them launching their own cryptocurrency to compete with bitcoin but of course it would be centralized and price would be heavily controlled so I doubt that would really take off, especially with Paypal's fraudulent record as it is. They could also launch their own cryptocurrency but allow it to be exchanged with BTC. It'd be hilarious to see how this would play out, though.
sorry for being harsh but you have no clue of what you are talking about. 1) What do you mean by Paypal uses bitcoin "internally"? BTC is a problem for Paypal, because it's REAL money. If you fuck up, you loose big time, because BTC transactions are irreversible. USD transaction in their network… Well, it's something they can control 100%, do chargebacks, etc. etc. etc. 2) THERE IS NO OVERHEAD IN TRANSFERRING USD INSIDE THE PAYPAL NETWORK - and by the way there's no overhead in transferring electronic money through the banking system in general. Is just electronic accounting, they delete X amount from A and add that amount to B. There's nothing easier than electronic FIAT. 3) Paypal takes the risk of using bitcoin, and thus they increased their profit margin significantly? What are you talking about?
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NOOB WARNING: DO NOT SEND ANY PRE-ORDER MONEY UNTIL KNCMINER HAVE PROVED THEY HAVE A WORKING ASIC MINER
You have been warned.
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