In Stock Again.
Let me guess not profitable at $400, so it's out of stock. Soon as it's >$450, magically in stock again. It's a miracle!  I think Ninjatech has S1 in stock Usually Ninjatech orders directly from Bitmain though. So, if Bitmain is out of stock, then Ninjatech is too. When I ordered from Ninja, the label said it's from Shenzen China, not Arizona where Ninjatech is based. |
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This is the positive news out of China? A Bitcoin ATM from OKCoin?
Doesn't sound that major...but I guess anything that allows circumvention from the PBOC.
Only question is, if the PBOC don't like these ATMs, can't they just rule it's illegal to have one like they did with bank deposits?
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In Stock Again.
Let me guess not profitable at $400, so it's out of stock. Soon as it's >$450, magically in stock again. It's a miracle! |
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So much for all the FUD spreading, looks like nothing too drastic happening on the 15th it seems. Looks more like something interesting might be happening over in the far East. BTC China, fill us in already!  |
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Hi guys
I'm only new to this whole bitcoin world but I'm ready to get into this before it takes off into mainstream society big.
My question is I've got $1500 or a bit more to invest and would like to know if mining or just buying bitcoins and holding them until they go up in value, any help would b great as I belive bitcoins have a big future and I want in on it.
Thanks
That's roughly 4 BTC, just buy it. It's more BTC than you'd get mining with a $1500 investment. |
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Wildly Bullish Chinese Speculation! It's about time.... What's the reverse term for FUD again???  |
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With a screen name like yours, it'd seem you'd be a perfect fit for the Samsung Galaxy S5. Seriously, try it. It's pretty nice! |
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Pbmining looks cheap. Though i have not started using them i dont know if they are legit
Don't do it! PBmining isn't even proven to have real mining equipment behind it like CEX.IO. You'll never know when they'll just fold up and leave the industry. Also, 5 years is longtime to be locked up without a sell option. FUD or no? Where can I verify this information? Do they have proof of having actual mining equipment? First question you should ask with any Cloud mining service. At least CEX.IO can claim GHASH.IO as it's mining backbone and it's not out of the question. 5 years is also an excessive contract, without an out. |
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Great catch on this! So many scammers out there, great to have this community have each other's backs. |
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Pbmining looks cheap. Though i have not started using them i dont know if they are legit
Don't do it! PBmining isn't even proven to have real mining equipment behind it like CEX.IO. You'll never know when they'll just fold up and leave the industry. Also, 5 years is longtime to be locked up without a sell option. |
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It is only profitable if you have low or free electrical costs.
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Hello I wanna get started on mining and sign up for mining contracts does 200/gh for 24 hours sound like a good deal? I'll only be paying 10 dollars
Nope, not at all. $10 dollars and you still lose out on roughly $3 dollars. None of those 24 hour mining contracts are worth it at all. Better to just buy BTC at the moment. |
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This is what caused the spike up, not the Mt Gox news Strictly speaking, there was no spike. The rumors from China crashed the exchange rate from $450 to $340. Then the denial came, and BTC rose to $420. Now we have a net loss of $30. I will not call this a spike. Retracement? Sorry, I'm not a trader so don't know the technical term for it. Either way, it's "recovered" from it's $340 price in a matter of hours from the China announcement:  |
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Nice, so that's what that spike up was. Was wondering the cause this whole morning. |
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A pirate ship, treasure chest of Bitcoins, parrot, a bunch of sailor friends, and a one way ticket to whore island. I'd settle for an easier, debt free life though. |
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Can't be a Ponzi scheme without a Madoff! Dorian can't even afford lunch!  |
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Easy answer. Antminer S1 army:  |
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Can't wait till august 2014 ... when things will settle and we will be all happy again looking at the bright future!
What happens in August? $1000 BTC  I don't know, but I sure hope so. |
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