100 days roi is too slow
Slow compared to what? Good luck achieving 100% ROI within 100 days from any other legal investment IRL. The problem with this is that if you don't break even in 100 days, you'll probably never break even, due to rising difficulty. You need to understand how Bitcoin mining works, and how the hashrate is currently changing (and projected to change) before you criticize somebody for pointing out a legitimate flaw with a pricing structure that makes break-even nearly impossible. that ignores exchange rate fluctuations. although you might never make 50 bitcoins from the hardware, but the 48.756 and counting bitcoins you do make will be worth a different price 100 days from now, and you will also be able to acquire those fractions of bitcoins at a faster rate than most, using less power than most. ideally this price is greater than it is today.
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this fund is actually really useful! allowing me to reinvest dividends if I chose
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hhahaah with a superblock reward
thats clever, I wouldn't have thought of that
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this was very insightful, now I understand these blockchains quite a bit more! wow thats actually amazing. summary: every transaction to your wallet isn't broken up into units of bitcoins, it stays the size it was sent to you as, with a link back to the previous wallet or transaction or block in a giant linked list or something.
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what bitcoin needs is a consolidated order book. it just shows the best bids and asks from all the exchanges, in one order book.
This is what Nasdaq and NYSE do. when you buy and sell shares, they systematically route pieces of the order through multiple exchanges on the order book.
it would allow a new exchange to pop up with lower fees and better bids, asks, and it would quickly get more popular where people will see they can get better fills.
in direct market access platforms, you can choose which "route" you want to let your order sit on if you feel like it. so you can sit your limit order on the mt. gox order book, or sit it on a different one. obviously you will place it on the exchange with the lowest fees.
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just saw this, I am always asking people in the office if they are trying to sell some bitcoins. There are some people there that got their feet wet in some aspect of it, but nothing big
I always end up walking to the bank at lunch hour and wiring a lump sum to Japan and buy bitcoins 13 hours later.
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well obviously since these dividends are so high and people are making too much money, the efficient market should price this security at 10 bitcoins a share, to make the yield more in line with typical returns
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Nothing here either, scrambled to get that payment together and nothing back. Its near the end of the day in China, and its taken so long I've now missed it getting in before the weekend. Byebye $400 :/
It's not 6PM in China yet. They can still send it today. We had many times of sending the blades out in 8-10 o'clock in the evening. A lot of blades to be shipped later today. Thanks of course DHL somehow teleporting my blades around the world in 45 hours + time zone changes. THATS LOGISTICS is a 200w PSU sufficient? is a 200w PSU sufficient for one unit I mean. My math says yes
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Nothing here either, scrambled to get that payment together and nothing back. Its near the end of the day in China, and its taken so long I've now missed it getting in before the weekend. Byebye $400 :/
It's not 6PM in China yet. They can still send it today. We had many times of sending the blades out in 8-10 o'clock in the evening. A lot of blades to be shipped later today. Thanks of course DHL somehow teleporting my blades around the world in 45 hours + time zone changes. THATS LOGISTICS is a 200w PSU sufficient?
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Is this the first shot across the bow of Bitcoin? Many commentators have speculated that if there was regulation of Bitcoin, they would go after the exchanges first. Another unfortunate event after the Coinlab lawsuit.
What do you think?
a) This is an action against a domestic delaware shell company, Mutum Silligum LLC (sp), which Mt. Gox uses to pass through funds from Dwolla. It exists solely for a bank account b) It is possible that LLC is not compliant with all regulations. It is also more possible that a single person was the target of DHS where they needed to freeze funds possibly in transit. c) This does not affect Mt. Gox. Their international wire system was always faster than Dwolla and doesn't touch their pass through LLC (wires from east coast to mt gox funds available for trading take 13 hours for me). Since this costs a flat rate of $55, it only affects people that do not have enough capital to make this fee less than 4.99% of their deposit, so any deposit less than $1,123. (other numerous and quicker methods carry a 4.99% fee, the assumption being that people will do a cost/benefit analysis in choosing fees). Although this kind of market participant may be many, it is not possible for any potential losses from this freeze to affect the bitcoin economy, since obviously only the little guy is affected.
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how stable are these machines? how many times do you have to reset them a week?
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payment sent, john k confirmed.
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I can't tell what is more comical, the degenerate gamblers or the degenerate traders
sometimes I gamble with my dividends, the dividends come daily and the share prices still go up. winning. for now.
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Hello, is there a consolidated order book yet?
for instance I want to know best bid/ask between mt gox, campbx, btc-e, and if I did a market order it would just fill on all of those routes
obviously Mt. Gox will always have the best/bid ask right now due to the fees or getting capital into and out of the other exchanges and liquidity
but this may not always be an absolute, Mt. Gox also has an automatic small % decrease from quoted price vs. the spot price.
the consolitdated order book will pull in from other future forms of exchanges. and allow for smart-routing
this is good for in person transactions and open outcry exchanges where people want to know the best price.
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Ripple has a lot of practical uses for actual commerce that can cover for bitcoin's shortcomings.
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cool cool
some good information about asicminer that would have definitely taken me more than 4 minutes to get on my own.
try for a closer zoom of you, the background is very busy
also consider a better overlay. A square photo just floating in place in the middle of the screen isn't very compelling
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FinCEN regulation = potentially dangerous to small bitcoin market participants
CFTC regulation = great for large bitcoin market participants
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If you sold your bitcoins, use capital gains, short or long term. If you are holding bitcoins, no tax event has occurred
IANAL
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I would really really like to use bitcoins every day, for every day purchases, and as a merchant. Many talk of wide adoption.
But transactions are SLOW.
What is the solution to this?
I can only really see a system that accepts an amount of risk, or you have to send bitcoins to a merchant and then they issue a value card.
but how to overcome the slow confirms, you can't just stand in line for that long, or is bitcoin going to be a reserve currency, for buying houses and such like?
over to your views/solutions
Ripple, right now
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well my idea is bitcoin denominated, in the bitcoin economy, that will benefit all bitcoin and cryptocurrency participants and strengthen the economy if the idea is sound
Great! Part of the purpose of these forums is to help one another develop ideas that are a benefit. I think the hardest part is to let go of an idea enough to let others help. Myself, I just have trouble doing that, so I often miss out on the power available through the multi-tasking group effort. Good luck. I'll be watching to see if I can be helpful. thanks, my solution to that is to just have enough ideas that I can spare some. So some ideas I do deal with the overhead of NDAs and patent filings, the suspense of waiting. Others I don't need to.
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