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My shares mature next week, my total ROI should be about 176% for the last 4 months, that is full ROI on my investment and +76% profit.
I have to say I am very pleased for far.
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Users can now select to mine another coin - Blackcoin.
Keep them coming guys.
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This Urocoins s nice for arbitrage, lots of price discrepancies on different exchanges ATM.
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During this week BT should select an auditor to audit their accounts as proof of solvency. If they do, this is significantly going to increase credibility of the entire system.
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Another coin to be available for mining is about to be added. No word which one yet.
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"Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.”
Sir Richard Branson,
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People, there is really no need to be mean towards these rookie wanna-be miners.
I guess all of us got into this knowing everything there is to know about mining.
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BT June 10, 2014 result:+0.88%
Just 10 days till my shares mature and I get full ROI, wooohooo.
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ok so today i made an attempt at funding my btc-trader e-wallet using ripple. I had $19 worth of btc there and wanted to use XRP to complete to $20 in order to purchase a new trading share
pro: transfer is immediate. After a few seconds the xrp transfer was confirmed in my ripple wallet. And it was instantaneously credited to my btc-trader e-wallet. That's pretty cool compared to the time it takes on the btc network
con: unfortunately i discovered that you cannot combine $19 of btc and $2 of xrp to buy a single trading share. It looks like each currency is segregated and you can purchase trading shares only from 1 sub-e-wallet at a time. That SUCKS!
I wrote to their support line to get clarification on this as it does not really make sense to me given that at the end of the day they convert everything back in USD for the purpose of doing your account accounting.
On top of it the ripple protocol allows in principle to send to them not only XRP but also BTC, USD etc... so if really they want to segregate currencies they should at least let a ripple user decide which currency to send them and credit it to the appropriate wallet! I could perfectly have sent them $2 worth of BTC or even just USD directly from my ripple wallet had they given me the opportunity to do so!
anyways, that's just to give a heads up to anyone who might be interested in using those new funding solution for btc-trader
Cant you use their built-in currency converter for this? You can convert btc, xrp, usd etc My thoughts exactly, there is built-in currency converter which converters any cryptocurrency into USD. Since you cannot buy shares with crypto directly anyway, you should be able to buy shares as you intended to. |
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......it reaches $10k.
At that point I ll quit my job and go visit every single asshole who s been laughing at me talking big about Bitcoin all these years.
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Nothing a impossible but he needs to either make a huge initial investment or to invest significant amount every month unless he wants this process to last 10 years.
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I mean, Bitcoin generator, you ve gotta be joking. Pls tell me this is a joke and you re just trolling us.
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It is not important which category BTC appears in. We are talking about positive promotion, getting BTC more positive press and consequently more users.
Really hope to see this.
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I think very difficult to make arbitrage in trade BTC  Recently it has. Most of people are expecting BTC price to go up and have chosen long position, consequently, volumes are quite low. Hope this is going to change soon. |
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Bitcoin Trader is one of sponsors of THE NORTH AMERICAN BITCOIN CAR GIVEAWAY TOUR 2014. Tour dates have been planned to cover most major Canadian and U.S.A cities, a booth at Chicago Bitcoin conference (NABC 2014) and some additional stops along the way. In each location the tour will stop for a scheduled event to help spread awareness about Bitcoin and for sponsors to give out lots of free goodies. There is 50+ locations planned in total. The main prize is THE BITCOIN CAR OR $10,000 IN BITCOINS!  Very nice gesture IMO. |
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BT continues to deliver, July 7 2014 result: +0.87%
In my case, under two weeks until ROI.
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Crazyivan,how much is the average return at the end of the 4-month period? Is it around 100%?
I expect to get about 82% but I will also get my principal back so in total my return should be 182%. |
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Another nice day, June 4, 2014, trading result is +0.73%
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More news, price goes down even more, here is their newsletter:
Dear all,
We promised to constantly upgrade our infrastructure to the latest hardware and technology to bring the best service at the lowest possible price to our clients. Due to economies of scale and enormous growth in the last months we managed to close a deal with hardware manufacturers that significantly reduces hashpower prices to a level that has never been seen before in the market!
Now you can start from 9.4 cent per kH/s per year!
As you all know we are engaging very hard for our devoted customers to get max profit out of your hashpower and to celebrate the new prices with you, we are going to give all customers who recently bought hashpower from us a free upgrade* :
- all orders after the 1st of July will be upgraded to the new terms
- all orders of the past week (June 26th) will be upgraded by 15%
- all orders starting from June 19th will be upgraded by 8%
The hashpower upgrade should be available within the next 24 hours.
We are also working on a number of features that will be released in the next few weeks. This includes among others: additional coins, the X11 hashing algorithm, additional mining stats and an improved user interface and many more. We will send out a detailed newsletter for everybody soon!
We are looking forward to an exciting future together with you!
Happy Mining,
Genesis Mining
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I guess the next step should be LTC arbitrage.
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