Why not take advantage now with the high price of Bitcoin, and get ahead of the flood. Early bird gets the worm
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Wait so the auction ended, and the price isnt honored? wtf.. whats the point of auctions then..
It seems there is none... We should accept only actions where OP deposit some funds (at least 0.1 BTC) in escrow for compensation to the winner if he doesn't respect the terms Sounds like a fair idea. If everyone leaves this fella negative feedback it will be harder in future to start new auctions
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Do we know for sure which pool they are using?
Yes they are using ghash.io, previously used to be eligius. I think we still keep a rig over there for kicking over out prior payouts. If that makes any sense at all
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The platform almost matters less then the person who runs it to be honest.... again. SOMEONE should do it, someone with reputation and trust (and possibly a good number of shares to start things off with). I have an OTC rating that is positive, a neutral rating on BCT, but really that is nothing. Several people that post often in this thread have a more "lofty" reputation in the community then myself which is really needed for this sort of thing.
What we need a system without someone needing to be trusted. How is that even possible though? There will always be a team developing this so called "system" so even if no one needs to manage it, there will always be a need to trust the developers
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Thanks for the responses was curious since Asicminer solomined their blocks for ages before their hashrate went down so was curious if the Petamine would mine at a similar rate. Anyways I guess to avoid a 50% attack moving to another large pool is a viable option as well https://blockchain.info/pools?timespan=24hrsGhash.io stated quite some time ago that they will never allow themselves to reach 51% of the network so there is no threat there. They did mention being able to spread the miners onto other pools/servers etc if it ever got to that stage
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Just as a curiosity but how much mining power do you need now to solomine successfully without using an intermediary.
I believe for the meantime we are quite capable of successfully solo mining as opposed to mining via ghash pool. That is my opinion anyway. However I think cryptx chose against solo mining as the outcome is actually less predictable that way In theory you can alway solo mine, as it averages out to the same result. As you pointed out, there would be a higher variance in the dividends. With 1.5% of the network it probably averages out fast enough to be an option. But there's no real benefit here. On the other hand you'd be your own pool admin now, which means you'd have a whole new set of responsibilities. You need good and stable pool software, you need to setup merged mining, you need a very good internet connection, etc... Just not worth the trouble. I agree and I'm not complaining one bit, I like knowing what is coming other that relying on pure luck to solo mine a set number of blocks for the week. I'm sure running a pool and merged mining has its own responsibilities. There's other more important issues cryptx can focus on instead
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Looks like all you need is a skateboard, an outdated computer and free Starbucks wi-fi to travel the world and make bank.
No need to carry a computer/laptop around. Any iPhone or android mobile fone with wireless Internet capabilities will suffice..
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Ill take them off your hands, check my trust, PM me we will work it out
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The price has trebled I'm sure you'll get a much higher offer towards the end, but in the meantime I'm upping the ante to 4 satoshis!
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Just as a curiosity but how much mining power do you need now to solomine successfully without using an intermediary.
I believe for the meantime we are quite capable of successfully solo mining as opposed to mining via ghash pool. That is my opinion anyway. However I think cryptx chose against solo mining as the outcome is actually less predictable that way
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Quite a few "homeless" people are actually making more money than others..
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This is really messed up, KYLE ur sitting there taking the piss out of cryptogirl for offering her escort services and cams for BTC calling her a degenerate whore and what not and here u are, pathetically telling Bitcoinworld you've gambled and blown away on drugs and alcohol all investors funds. Get a life really. And get a real job while your at it too. Investors do not want to hear sob stories, just make an effort to pay back with a real job or fuck off out of here.
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Eh what the hell, ill give ya 2 satoshis for it if noone else wants it
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Share price has been quite steady lately, I think the trolls are much less effective as they once used to be. People are starting to use their own brains rather than becoming sheep
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You make no sense to me at all but it did sound kind of cute. Run along and take your troll bike with you then lad
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But since when does peta use loans to buy mining equipment? I thought all the equipment were bought with our buy in money?
They do, but there were more shares offered as another IPO to raise the funds, some funds were raised and the rest was lent to PETA by cryptx for growing our hash rate with more miners. It was a smart move
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@ujka; spartan82: Like a junky who realizes that dealing dope doesn't quite cover his habit, PETA takes out a loan. "With this loan, I'll get cheaper product and cut it harder, guaranteed profit!"
You obviously never dealt with drugs before and youre using it as an example, but unfortunately ur pointing at the street level junkies, so ill break it down for you buddy.. Higher bankroll, bigger outlay means bigger discount when bulk buying. Lol, you obviously have dealt with drugs before, buying into this financial crack. Sorry it turned out to be sheetrock Keep living large, rockstah! Don't hate on everyone because you bought late and sold too early.. Ull survive. Hope you didn't lose more than you could afford. You'll get back up there lamb chop, just be wiser with your Bitcoin next time round. Your fuck ups don't count as reasonable grounding to be giving everyone on here financial advice. Start a new thread offering tips and investment advice as a stock broker and quit trolling this thread champion. Hope it works out for you
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@ujka; spartan82: Like a junky who realizes that dealing dope doesn't quite cover his habit, PETA takes out a loan. "With this loan, I'll get cheaper product and cut it harder, guaranteed profit!"
You obviously never dealt with drugs before and youre using it as an example, but unfortunately ur pointing at the street level junkies, so ill break it down for you buddy.. Higher bankroll, bigger outlay means bigger discount when bulk buying.
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It's all happening now, he's back in full effect and its all business now.
Wish someone would sort Havelock out... I'd like to buy on this news. The site is constantly down and when it is up, it is very slow. It's almost becoming impossible to trade AM1 and AM100 shares. Havelock is always up and down you just need to be persistent and keep coming back. Hopefully there's not too big a change when it's up and running again
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