Beware, Bitmain still did not send the miner (Z9) that they said they are sending 6 days ago.
Tariffs already paid few days ago, still nothing apart from some bullshit about "mechanical failure".
So how much was the z9 and how much were the taxes? And how on earth do you get charged taxes for gear that was not shipped? I usually don’t get a tariff bill until goods are in the states. Gear was around 14K, taxes were around $3.8K extra. Valid question re why I had to pay few days ago. It turns out that Bitmain first sends the paperwork, you pay, then they send miners in a short deal afterwards. However, this time they f-d up, got "mechanical failure" so their fakery was revealed. I asked UPS rep and she said: companies ask for receiver to pay taxes first BEFORE they send. Because their "sending process" was messed up, all UPS notices are weird because according to them the product was already at a local delivery place on 9/18, while IN FACT it MAYBE started moving from China today. |
|
|
|
|
Beware, Bitmain still did not send the miner (Z9) that they said they are sending 6 days ago.
Tariffs already paid few days ago, still nothing apart from some bullshit about "mechanical failure".
|
|
|
|
Hey, let's attempt to crowdsource a bitcointalk response to the SEC's request for further comments on the recently postponed Cboe/SolidX/VanEck ETF proposal. Collectively, I bet we've got an entire cogent brain amongst the likes of us. Whatever useful comments make it to this thread, I'd say is fair game for anyone to beg, borrow, steal, quote, or plagiarize for their own personal responses to the SEC. I'll parse out the SEC's 18 wordier-than-even-wordy-man's question topics below. Feel strongly about any of them? Spit it out. https://bitcointalk.org/index.php?topic=5034689.0Why should be care about an ETF with a price of $200K/share. |
|
|
|
XRP is number two.
Number Two haha. ;-) only a scam or a penny stock trades like this. |
|
|
|
|
They have some made up shit about mechanical failure.
it's most likely bogus.
That said, I want to get paid for further delays...in cash, not stupid coupons.
$23/day per each machine, effective from 9/15 (when they claimed that they "shipped").
Don't they or UPS have insurance?
|
|
|
|
|
WTF is this shitola?
"A mechanical failure has delayed delivery.
We're adjusting plans to deliver your package as quickly as possible."
They got payment several months ago
They got tax paid.
Where is my stuff!?
What did I pay tariffs for???
|
|
|
|
|
I have had enough of this nonsense.
Almost $3.8 K tariff+fees on four Z9.
This plus $14.5K on Z9+PSU itself means that I am out of $18.3 K before they even started hashing.
$18.3K buys 165.5 ZEC without a penny spent on electricity making the whole affair foolish because four Z9 would NEVER make this amount.
Fooled by Zooko, Bitmain, etc.
Fool me once...
No more orders of any kind, especially from China.
|
|
|
|
I, for once, will ignore all made in China mining products from now on.
27.6% tariff with already zero profitability-no, thank you.
Will probably have a hefty mining loss this year (after subtracting the cost of new miners where I got "hit" with extra 27.5% tariff).
I don't know how far back the 25% goes the 2.5 will go back for more then a year. 2.6% is understandable nuisance which i never cared much about, yes in effect since Feb or something. 27.6%= 2.6%+25% added on Aug 24-31 is a major f-k up. It is real, i just got the bill. |
|
|
|
|
Anybody already installed Z9 (biggies) on the west coast?
Can it OC? The only remedy for a 27.6% tariff.
|
|
|
|
|
I, for once, will ignore all made in China ASIC-based mining products from now on.
27.6% tariff with already zero profitability-no, thank you.
Will probably have a hefty mining loss this year (after subtracting the cost of new miners where I got "hit" with extra 27.5% tariff).
|
|
|
|
Some movement. Got email that they started shipping. Will see how long does it take. Please, not a f-g word on this thread about mini (unless you could put mini OC software on maxi), from this point on it is all about Z9 Biggie/maxi.  |
|
|
|
A home is a capital depreciating asset. Bitcoin isn’t.
BUT we do like to live in one I get it, but what if we reverse it for an argument's sake. Can you live IN bitcoin? A trippy question harking back to "Being John Malkovich" Can bitcoin be a "vessel"? This would be clear only to those who watched the movie. Eventually, at least younger of us would be digitized and reduced to being a digital "presence". Maybe, then. |
|
|
|
|
Z9 is delayed by 5-7 days (that's what they promise).
That's it. The end of the line for my purchases of their products.
|
|
|
|
Fuck this just capitulated on ETH and sold for BTC.
I'm holding my ETH in hopes we get a pump when futures launch. OTOH, I don't hold enough to lose any sleep over. I believe ETH will probably die, but not yet. Consider the fact that this is the first, brutal bear market for an ETH holder. It must be pretty scary. I believe this helps cause an exaggerated ETH (and other altcoin) decline. There are no war-forged ETH veterans yet. First BTC bear was $32 to $2, so if we apply roughly similar numbers, ETH might bottom at around $90 (give or take). Many prior high-flying eth tokens are already at almost zero volume. |
|
|
|
so im using part of my stack to diversify into different non crypto holding in case it all goes south.
maybe because i got into it fairly early, i still see it as a tool to be used, not as a "get rich" thing. although i hope we all do. but currently im using it now to secure our (wife and i) future with as little risk as possible.
so on average for the last few years i have generally spent more btc than i replace. at this stage in my life i have changed some priorities and used btc profit to try and ensure a more than comfortable retirement (if all goes even close to well). we were at the point that retirement should go well for us anyway but its time to revisit that position and nail down a few potential lose ends. once im happy with that i will go back to accumulation. at least i hope to.
What about a situation if/when fiat goes 'south'. All calculations would be out of the window, then. IMHO, we are within 5 years of , perhaps, a low double digit inflation episode. What then? |
|
|
|
Had a chat to someone involved in the CBOE futures.
He says that SEC not happy with market surveillance on physical markets and thinks they are all bucket shops.
Which we all know is true - fucking Bitmex and Bitfinex and HitBTC. Even Kraken and Coinbase are shit shows.
We won’t get an ETF until we get higher quality Bitcoin exchanges next year (like Baakt and the Toronto Stock Exchange). And those new exchanges are going to take some time to establish a track record of liquidity. Which fits in nicely with the halvening time line. The stars are lining up about a year out.
lol, I am sure that they are happy with ETFs like these: https://finance.yahoo.com/quote/UNG?p=UNG&.tsrc=fin-srchor https://finance.yahoo.com/quote/USO?p=USO&.tsrc=fin-srchf-g robbery, but I really don't care much as I never bought them. As a tactic, I would go long physical BTC ETF and would short futures based one. This is the way to go. |
|
|
|
Elon Musk smoking a joint...lol.  A move to temporarily lower your stock price and make private equity guys pounce? Sometimes I think that Reed Hastings did something similar (remember nonsense with services renaming, etc). Netflix stock went from $300 to $50-60 where real biggies (like Icahn) loaded up. The rest is current history. Note to myself: if Tesla goes to 50-80, buy a LOT. I've never shorted a stock in my life (too chicken shit) but I was so tempted to short Tesla a few weeks ago. It would have paid for quite a few fine dining outings and dresses  I knew it was a short when he said all that nonsense about going private without anyone backing the idea. Too bad I can't short in my main retirement account (which is the biggest, sizewize). |
|
|
|
Elon Musk smoking a joint...lol. A move to temporarily lower your stock price and make private equity guys pounce? Sometimes I think that Reed Hastings did something similar (remember nonsense with services renaming, etc). Netflix stock went from $300 to $50-60 where real biggies (like Icahn) loaded up. The rest is current history. Note to myself: if Tesla goes to 50-80, buy a LOT. |
|
|
|
|
I am sorry, but it looks like they are working to send out B1 on Sep 10 (last day) and B2 on Sep11 (first day for B2), lol.
That would be something.
Seriously, WTF they are waiting for?
It is Sept 7 in China already!
|
|
|
|
|
Still no shipment indication.
Was it shipped to anyone in US?
|
|
|
|
|
Show Posts
