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Second suggestion...
<input type="text" name="billserial" value="" id="billserial" class="wpcf7-text wpcf7-validates-as-required" size="40" readonly="readonly">
shouldn't be "readonly". Makes it kind of hard to enter bills. :p
EDIT: Wait, maybe I am confused. What is the difference between "Add New" and "Unlock Your Bill"?
EDIT2: Found the "How it works" page, reading now. Perhaps I need to TRY to find the answers myself before asking them here.
EDIT3: Initial feedback from actually using the site:
- You need to make it more clear from the titles what unlock bill and add new means. At the homepage, I clicked on "Add New Bills", which only takes me to the "Unlock Bills" page, hence my initial confusion. The Add New Bills link should take you to the "Add New" page.
- This is just my opinion, but you should figure out a way to offer an incentive to people entering bills. Maybe it's a one-time reward upon entering the bill itself, or maybe it's a reward to the person who originally wrote on the bill when the bill is entered a second time (presumably by someone else). *shrug* As it is though, it's only a good tool for people who are interested in using their own money and time to spread the word about Bitcoin. You'll give incentive to a lot more people to write up the URL on all their bills if there's a reward (or a potential for a reward) for doing so.
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First things first, the url is too long. That's a lot of handwriting to do.  I was hoping for something short and sweet, like btcbills.com. Maybe you could grab a short domain and just have it forward to the searchforsatoshi.com domain. That way we could write either or. That said, I've just switched to using all cash for my day-to-day transactions, so I'll probably be putting this on a lot of bills. Well, as long as I don't have to write out that long URL anyway. :p Damn, I didn't think of that. Let me see if there are any good short urls out there. brb Wow, I can't believe btcbills.com wasn't taken. We'll let that baby propagate and then I'll point it to searchingforsatoshi.com. SgtSpike, PM me your first few serial numbers and I'll add some BTC to them as my way of saying thanks for the URL suggestion. Sweet! I'll start writing up on them bills.  |
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First things first, the url is too long. That's a lot of handwriting to do. I was hoping for something short and sweet, like btcbills.com. Maybe you could grab a short domain and just have it forward to the searchforsatoshi.com domain. That way we could write either or. That said, I've just switched to using all cash for my day-to-day transactions, so I'll probably be putting this on a lot of bills. Well, as long as I don't have to write out that long URL anyway. :p |
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If you mine 25 BTC for $250 of electricity, instead of BUYING 50 BTC for $250, then you are out 25 BTC.
If BTC is worth $1000 in the future, then you'd have $25,000 from mining or $50,000 from buying them directly.
What assumptions/projections are you using that change this?
Who said i don't do both? On another one of my locations electricity is billed annually ... So if i don't mine today when rates are at $1, but when electricity bill comes and BTC is worth 10$ ... oops Assuming i actually need to sell BTC to pay that. Electricity bill always arrives at least month later, so if i mined at 5$ then stop when it's at $1 and then sell BTC to cover electricity while i were mining at 5$ ... ooops! Only thing what matters is value at sale time - not anything else, absolute nothing else. If i stop mining while value is low, it's equivalently more time to put off the ROI, 1:1 relation. Some of us can afford not to dance at the edge of cash flow right now, in order to maximize gain. Infact, i've yet to sell a single BTC of my mining profits. I used BTC to purchase some of my rigs last summer tho, when BTC was at all time high. But, oh please, oh please, DO by all means shutdown your rigs down when value visits a little bit lower  Ahhhh, it all makes sense now! Annual billing especially. It's like some sort of weird hedge on future prices. I was kind of wondering if you might be talking about the effective 30-60 day lag between monthly billings of electricity, but didn't even know annual billing existed. Sorry, I've just dealt with too many idiots here who didn't understand it. I assumed you weren't any different. My bad.  |
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metcalfing (verb):
1. To disclose illegal or immoral activities while unwittingly giving clues to the individual's true identity.
My buddy got caught metcalfing on a dating site by his wife.
+1... off to urban dictionary we go... Indirectly advertising Bitcoin on urban dictionary? Excellent. |
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Just give us bid/ask and everyone will be happy!
+1 to that! |
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whats the reasoning you guys are using to buy these instead of ICARUS fpga's.
just curious.
Rig box should get 20Mh/w and was priced (when I bought them) at $25k each. That's $0.50/Mh which is pretty darn good unless you are really bargain hunting for GPUs and the other items needed to run them. When the subsidy halves, we will see a lot of GPU miner become unprofitable with 2Mh/w to 5Mh/w unless the price rises substantially. I doubt the price will jump like this in lock step with the halving (I've been wrong before) so we should see the same thing we saw when the price went to $2. Miners will quit. I'm targeting long term goals, so even if price goes down now to 1$ i will keep my miners operational. I see all of this as a risk investment and my goals are set on not what BTC is today, but what it is 1,3,5,10years from now. If best case scenario happens in 10-15years i can retire off my mining earnings from the 2$ days or whatever the low point is going to be. Hence i mostly invest outside money to my rigs. Right now i'm on 2nd investment period and i've yet to sell single BTC (quite the contrary). My initial miners were bought with 10€ BTC investment from year earlier, which was worth at peak something like 7500€ .... Looking back now i should've sold 90% of my BTC back then XD It makes no sense to mine for BTC when you're doing it at a loss. If you mine 25 BTC for $250 of electricity, but the price per BTC was $5 and you could have bought 50 BTC for $250, then you just lost 25 BTC. ONLY if you care about today's value - Like i explained, i'm working on assumptions/projections of value after a period of time, not what it is worth today. EDIT: Actually, at least for me, 7970 is by far the best value. I can get new 7970s for same price as 5970s right now, without the hassle of needing to search and scout, and get out of warranty used cards. No thanks. And i can get them TODAY, means 1½-2months of revenue before BFL Singles would arrive. If you mine 25 BTC for $250 of electricity, instead of BUYING 50 BTC for $250, then you are out 25 BTC. If BTC is worth $1000 in the future, then you'd have $25,000 from mining or $50,000 from buying them directly. What assumptions/projections are you using that change this? |
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I'll vouch for NothinG for a loan as well. I've had good dealings with him in the past.
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whats the reasoning you guys are using to buy these instead of ICARUS fpga's.
just curious.
Rig box should get 20Mh/w and was priced (when I bought them) at $25k each. That's $0.50/Mh which is pretty darn good unless you are really bargain hunting for GPUs and the other items needed to run them. When the subsidy halves, we will see a lot of GPU miner become unprofitable with 2Mh/w to 5Mh/w unless the price rises substantially. I doubt the price will jump like this in lock step with the halving (I've been wrong before) so we should see the same thing we saw when the price went to $2. Miners will quit. I'm targeting long term goals, so even if price goes down now to 1$ i will keep my miners operational. I see all of this as a risk investment and my goals are set on not what BTC is today, but what it is 1,3,5,10years from now. If best case scenario happens in 10-15years i can retire off my mining earnings from the 2$ days or whatever the low point is going to be. Hence i mostly invest outside money to my rigs. Right now i'm on 2nd investment period and i've yet to sell single BTC (quite the contrary). My initial miners were bought with 10€ BTC investment from year earlier, which was worth at peak something like 7500€ .... Looking back now i should've sold 90% of my BTC back then XD It makes no sense to mine for BTC when you're doing it at a loss. If you mine 25 BTC for $250 of electricity, but the price per BTC was $5 and you could have bought 50 BTC for $250, then you just lost 25 BTC. |
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Lucky you - my wife would most certainly play the blame game and thus I keep her totally in the dark about the three GPU mining rigs, the ZTEX FPGA miner, the twelve singles I have ordered (but not received yet) and the C200 which I have tried to order (but have no order confirmation for, yet). I'm mining in my rented business office, which she also does not know about...
Good grief man - and she doesn't notice the $10k missing from your bank?? After we got married, I changed my primary checking account into a joint account, but she didn't change her primary checking account into a joint account, so I was like: "Wow. O.K. Welcome to California Feminism." Recently, I closed the joint account and instead I just give her a monthly allowance of $1,400 for food, clothes and gasoline, and of course I pay all the bills such as mortgage, utilities, property tax, car insurance, fire insurance, credit cards, etc. etc. Ah ok, that makes sense. |
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I am posting, so I can listen later. |
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Took out a loan and sent $30k to Sonny for my Rig Box today. He estimates time to shipping at about 15 weeks. I assume they could run into problems and it would be longer, but I'll keep my fingers crossed. Regardless, it's a long time to wait, but I think I'll be happy with the purchase in the end.
I could make some sacrifices and afford to pay off the loan without income from bitcoins, but it'd sure be a repetitive kick in the nuts for a few years.
The only reason I feel ok taking this kind of risk is that my wife agreed to be supportive even though she finds it very scary. If it turns into a disaster, she agreed to look at it as a joint decision and not play the blame game.
Lucky you - my wife would most certainly play the blame game and thus I keep her totally in the dark about the three GPU mining rigs, the ZTEX FPGA miner, the twelve singles I have ordered (but not received yet) and the C200 which I have tried to order (but have no order confirmation for, yet). I'm mining in my rented business office, which she also does not know about... Good grief man - and she doesn't notice the $10k missing from your bank?? |
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A purchase shortage might be created by the increasingly wide gap between estimated BTC/share and purchase price/share. As difficulty goes up, the projected BTC/share goes down, and the potential net benefit of purchasing shares @ 0.00004 BTC each decreases.
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I made a "comment"-thread meant to accompany this famous thread. It's meant to be used for comments on items in here that don't merit their own thread. So, if you like this idea and have a comment on stuff in this thread, feel free to pollute this thread instead: " [COMMENTS] Bitcoin press hits, notable sources" ( https://bitcointalk.org/index.php?topic=67873.0) This whole thread consists of 20% discussion 5% reposts of old mentions 5% meta If you want it to be 100% "Bitcoin press hits, notable sources", make a wiki page. A wiki would also allow to organize all the re-runs, collectively moderate vandalism like this very post, richer presentation, ... The wiki is down to me again. Not good for backing my point I agree, but what happened to the other 70%?? |
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What the fuck. How did I know about this thread?
-_-
Ahh...it's in "Mining". Carry on.
April Issue... new topic has presented itself. :p |
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This is a great product to sell on Silk Road. Yeah. I am not quite sure about that  but there were people actually selling London 2012 olympic tickets on the SR. Again this is supposedly illegal ( selling olympic tickets ). The messed up laws this country has ... How was the sales tax issue fixed in the US ( which states are charged, which are not )  They are only charging sales tax in Missouri, their state of business registration. |
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Still waiting for someone in the EU / UK to let us know what the total cost was including duty and all that crap ( VAT ) etc.
Any news about a EU distributor or something like that to avoid all these silly taxes ?
Thanks !
Look back a few pages - I know someone posted that. Was over $800. |
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Has anyone who ordered in late February heard back from them? I submitted an order, but haven't received anything from them. No confirmation emails, no phone calls, etc. I know they are busy, so I am just checking if somehow my order got missed and I should resubmit, or if they just haven't gotten back to people who ordered after February 24th or so.
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Wow, that was a sudden price jump...!
SELL SELL SELL, while there's still a chance!
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