I would say if people are willing to do this work and for the lower money in it, and it makes their lives better, go ahead and do it, To me this process is as important to the bitcoin and altcoin culture as bees are to plants, when they cross pollinate them to make seeds and such, The act the traders here are doing is a way of bringing balance to an unbalanced system and networking the economic ecology of the crypto world since with out it the trading sites would be in a vacuum and that would become damaging to the use of it for store and use of it as a medium of wealth to stimulate production and growth  that being said, I find it more lucrative to spend my time while waiting for the market to swing, working on other things, and just make money off buying and selling on one major location that will be able to handle the larger volumes of coins when I have them, until then I am set, at that point you will see me cashing out my excess coins that I can not trade with because the market can not absorb them, for real world stuff, so if you have something like scrap copper and other resources used in industry, keep me in mind, as I would love to use my crypto directly and avoid using the REAL scam of FIAT currencies made by central banks who back it with NOTHING, and create an excessive amount of friction in transactions, unlike crypto What you are saying is that you do not like arbitrage but instead sell at $650 and then wait till it goes down to $600 to sell, for example. But this is even more risky then actual arbitrage cause with arbitrage there are at least several exchanges to chose from. These large market swings usually go the same direction on each of these larger exchanges so if you do not guess the direction of the swing, you can kiss your BTC goodbye. Unless you are prepared to wait for months and hope things get back to desired levels again. |
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Less then 5 weeks until I reach full ROI. I only wish I had more guts to invest more money when I joined BT.
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Just want to report that I started my 2 MH contract 12 days ago and everything works fine at Genesis Mining. Every day I get a my payout - its amazing to see the BTC´s coming every day Glad you like it, I hope you used my 3% discount code. Keep those BTC landing in your wallet. |
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crazyivan, I have always said I am in a couple HYIP's. There has been only one person to accuse me of being the finmutual admin, the person who made this aka the oilrigcontractors admin. What don't you get you dumb fuck? Accuse me of whatever you want, referral whoring, a bad person, whatever, but if you fucking accuse me of being a HYIP admin you got another thing fucking coming.
I never fucking personally tried to convince anyone of any program you dumb ass. I answer anyone who PM's me with interest of the programs I am. So what was the point of you PM'ing me?
I do not know how many times do I have to repeat myself on everything asshole.
Haha, you amuse me so much with your BS, you try to defend yourself so hard, invest so much energy to insult me and everybody else and all you do is act like a 3 years old child. I guess your IQ is at this level anyway. Well, Dominic, all these points I ve stated are obvious truth, I know you do not like it, I can imagine it hurts to have constant arguments with 50 people on this forum. Guess it is your character flaw, constantly trying to suck peoples blood to survive, get a life you fuck, stop scamming people, you have been branded here and no matter whatever you do, people easily identify you as a scum. Ah, one more thing, take care of your blood pressure, I can bet you get really, really upset when writing replies to my posts. Want you to stay healthy for a long, long time. Actually I am fucking healthier than you are by far. Really, anyways. I am done with your bullshit. You are nothing more than this tiny internet troll with no significant impact on anything in your little thing called a life. You are now on my ignore list. Go jump off a bridge. Hahahahaha. You should think about changing profession, stop scamming people and start acting carer, you could earn millions in Spanish telenovelas, so much tension, comedy and passion. |
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crazyivan, I have always said I am in a couple HYIP's. There has been only one person to accuse me of being the finmutual admin, the person who made this aka the oilrigcontractors admin. What don't you get you dumb fuck? Accuse me of whatever you want, referral whoring, a bad person, whatever, but if you fucking accuse me of being a HYIP admin you got another thing fucking coming.
I never fucking personally tried to convince anyone of any program you dumb ass. I answer anyone who PM's me with interest of the programs I am. So what was the point of you PM'ing me?
I do not know how many times do I have to repeat myself on everything asshole.
Haha, you amuse me so much with your BS, you try to defend yourself so hard, invest so much energy to insult me and everybody else and all you do is act like a 3 years old child. I guess your IQ is at this level anyway. Well, Dominic, all these points I ve stated are obvious truth, I know you do not like it, I can imagine it hurts to have constant arguments with 50 people on this forum. Guess it is your character flaw, constantly trying to suck peoples blood to survive, get a life you fuck, stop scamming people, you have been branded here and no matter whatever you do, people easily identify you as a scum. Ah, one more thing, take care of your blood pressure, I can bet you get really, really upset when writing replies to my posts. Want you to stay healthy for a long, long time. |
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tomatocage, I have no interest in speaking to you. You are just as crazy as crazyivan.
Aha, let us see: I am crazy, tomatocage s crazy, dyask s crazy, uhnonamiss s crazy, according to you (look this post down) drrussellshane s crazy, according to you (look this post down) .... Do I need to add more names to the list, cause I can do that, nothing to do tonight.... https://bitcointalk.org/index.php?topic=367983.0So we are all crazy and only you are nice and honest even though all of us say that you are thief and scammer. Hm....do I really need to add something to this? |
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Hehehe. https://oilrigcontractors.com/index.php?a=newsBravo Dominic, BRAVO! Another proof that you posting on this forum has one sole purpose, to sabotage every single other BTC related investment and to divert everybody else into your OWN HYIP program, Finmutual.com Just one question, it has been pointed out several times that you are Finmutual.com admin and you have not denied it at all. So, what is going to happen to all of these people who invested in your HYIP once you pull the plug and shut down the program? Please, shed some light on this, cause I would really like to know your answer to this question? LOL you do realize the OP of this thread and the admin of Oil rig are not two different people, but the same person. You obviously have no idea what is going on around you. Why would I waste time denying insane accusations and better yet, answer to you ANYTHING to your fragile state of mind. You are nothing more than a fool crazyivan, I have always told you that. The oil rig admin is pissed I defended a referral of mine who happened to be in oil rig for several thousand dollars. I went to bat for him on multiple HYIP resources. Since then the admin scammed on oil rig and is sending out crazy newsletters to his members LOL after the HYIP is dead and gone. The user posted on the may 5th news on oil rig' news section: VMey is my referral who I went to bat for on all the HYIP sources. Oil rig even made a newsletter then just for that one ref of mine! Since then Oil rig admin has been trying to discredit me, but he is nothing more than a scamming admin this whole time. Well, if you think that after all these posts even for a second you might think I or anyone else on this forum can trust your BS, you are even dumber then I thought and I thought u re a total idiot. First, there are several different posts on this forum made by different people and they all state the same, you are Finmutual.com admin. Second, you personally tried to convince me to join Finmutual.com trying to sell me BS how this was your only safe investment. Do I need to post that private message here? Third, you constantly refuse to add Finmutual.com to the list of HYIPs you have in your signature, even though I asked you to do so several times and Finmutual.com is clearly stated as shady HYIP on every single HYIP monitor. Fourth, you have not written a single negative word about Finmutual.com here and you have bashed every other Bitcoin related program which exists online. Fifth, you told me you have over 1000 BTC in your possession, it is obvious you stole those from Finmutual.com investors and you will run away with it. Sixth, you have negative trust rating on this forum and you even accused me of crating false identities with the sole purpose of trying to discredit you as if I care about you existing on this planet and not to mention being on this forum. You need to take your pills on time, to deal with your paranoia. Conclusion, you are the worst kind of human trash, a scammer who pretends to help people only to be able to steal from them. Anyone who has not figured this out yet must have IQ of a goldfish. I rest my case Dominic. Sayonara. |
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Hehehe. https://oilrigcontractors.com/index.php?a=newsBravo Dominic, BRAVO! Another proof that you posting on this forum has one sole purpose, to sabotage every single other BTC related investment and to divert everybody else into your OWN HYIP program, Finmutual.com Just one question, it has been pointed out several times that you are Finmutual.com admin and you have not denied it at all. So, what is going to happen to all of these people who invested in your HYIP once you pull the plug and shut down the program? Please, shed some light on this, cause I would really like to know your answer to this question? |
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We dont need an update for the results on this every day in service discussion
I disagree and think the performance updates are interesting. +1. it's the subject of discussion What is there to discuss about seeing either +1.02% or +1.11% posted daily exactly? Its clearly just intended to bump the thread daily. Maybe just post all the results in 1 post monthly if u have to? This isn't the section to discuss different ROIs of investments. People, pls, if you do not wish to read my posts, just do not open this thread, what is the problem with that. Last time I checked, this forum is not being censured on the basis of what some people like or do not like to see. Cause I do not want to read bunch of stuff on this forum but I simply skip those threads. I add any piece of BT related news I can get to this forum, including daily results and there are people here who do not want/cant follow their Facebook page (FB page is closed group only),news page, home page etc and like getting info from here. You do not like it, well, thank you for your time, find something else you like. The problem is you are fucking up the order of importance in the service discussion section daily, its an important section of this forum as it allows us to police without police. You also are in the wrong category because the thread has turned into purely an advert for this service. There is no need to post daily basically saying everything is fine folks. I will be complaining to a mod since you a being such a tard about it. Ding Ding Ding. crazyivan is nothing more than a lunatic promoter of bitcoin-trader, probably paid by them. crazyivan just bumps the thread and talks to himself. There was more discussion here when I was insulting him haha. Mr. Dominic Finmutual, you still embarrass yourself with these posts. If you want to insult me, try harder, much harder, this is amateurish. |
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We dont need an update for the results on this every day in service discussion
I disagree and think the performance updates are interesting. +1. it's the subject of discussion What is there to discuss about seeing either +1.02% or +1.11% posted daily exactly? Its clearly just intended to bump the thread daily. Maybe just post all the results in 1 post monthly if u have to? This isn't the section to discuss different ROIs of investments. People, pls, if you do not wish to read my posts, just do not open this thread, what is the problem with that. Last time I checked, this forum is not being censured on the basis of what some people like or do not like to see. Cause I do not want to read bunch of stuff on this forum but I simply skip those threads. I add any piece of BT related news I can get to this forum, including daily results and there are people here who do not want/cant follow their Facebook page (FB page is closed group only),news page, home page etc and like getting info from here. You do not like it, well, thank you for your time, find something else you like. The problem is you are fucking up the order of importance in the service discussion section daily, its an important section of this forum as it allows us to police without police. You also are in the wrong category because the thread has turned into purely an advert for this service. There is no need to post daily basically saying everything is fine folks. I will be complaining to a mod since you a being such a tard about it. Go cry to whoever you want, this is a free forum/internet/country. Also add to them that you call me a tard, I m sure they would like to hear that. |
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We dont need an update for the results on this every day in service discussion
I disagree and think the performance updates are interesting. +1. it's the subject of discussion What is there to discuss about seeing either +1.02% or +1.11% posted daily exactly? Its clearly just intended to bump the thread daily. Maybe just post all the results in 1 post monthly if u have to? This isn't the section to discuss different ROIs of investments. People, pls, if you do not wish to read my posts, just do not open this thread, what is the problem with that. Last time I checked, this forum is not being censured on the basis of what some people like or do not like to see. Cause I do not want to read bunch of stuff on this forum but I simply skip those threads. I add any piece of BT related news I can get to this forum, including daily results and there are people here who do not want/cant follow their Facebook page (FB page is closed group only),news page, home page etc and like getting info from here. You do not like it, well, thank you for your time, find something else you like. |
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June 12, 2014 trading result: +0.68%
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Very nice option introduced, now they allow payouts from their multipool to be in Bitcoins or Darkcoins. Personally, I am probably going to switch to Darkcoins, I think DRK price might go up in the future.
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today I just cashed in my 120-day trading shares and reinvested all after withdrawing about 100% during the 4 months.
I can't say that I'm not happy. This is one of the very few btc investments who actually paid me back finely, so I'm going to increase my commitment.
Nice to hear that, I plan to do the same once I reach my full ROI in a couple of weeks. Really great stuff so far. |
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June 11, 2014 trading result: +0.63%
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Part of the problem with arbitrage is that others will be doing it, hence the current profit margin that can be gained from doing so will already be taken advantage of.
The free market is very adept at handling price mis-matches, especially if there is real money to be made.
If you're going to arbitrage, I'd stick with exchanges with fast turnarounds and really low fees, like 0.2% or even less.
But of course, with Vircurex just freezing accounts, that doesn't help either. There's no regulation out there, so nothing prevents exchanges from just outright stealing your money and then claim some bs like "fraud prevention."
When you say low fees, which exchanges do you prefer, could you please list a few? |
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Chinese exchanges getting included into arbitrage trading, Facebook group information again.
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June 10, 2014 trading result: +1.01%
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Get ready for walls of text and economic discussion.
Bad Deflation
This can happen when there is a sudden drop in demand for whatever reason. What happens in this situation is that prices start to drop to get people to buy more stuff, however people see this prices dropping and decide to hold out for the "bottom" before they spend money. This causes demand to fall further and prices fall further. Soon companies start to go bankrupt because they are not selling goods. Eventually as enough suppliers go out of business, supply will come down and prices will level. At this point however some serious damage is done. This scenario is exactly why you see governments do things like issue debt in recessions and why austerity is exactly the wrong policy for recovery.
Issuing debt in our case is continuing to produce coins at the same rate that led us to this state. It may not be a matter of ethics when talking about our current reward scheme or coin supply but rather an issue in our model.
While some extra generated interest would be enough to get us back to where we were price wise, continuing to pump out coins at a fixed rate would eventually require more and more buying interest to hold our current price. Our current model has us as an inflationary currency (just like the USD) with a halving in inflation at Block 840,000 and a continuation at half the inflation until we reach 672M HIRO. At that point we become a currency with fixed supply rate and HIRO become inherently scarce. The issue is if the damage has been done early on and prices drop, we'd be left with 672M HIRO worth nothing until there is becomes a use for them which someone could create and then abuse HIRO for a quick gain by purchasing large chunks of the total supply before creating the need. The coin must be distributed to as many hands as possible to prevent manipulation.
This is what we're dealing with currently and maybe a block reward that incorporates the current exchange rate and/or difficulty may be beneficial. My idea would be to slow down on the inflation rate (block reward) when difficulty is low to reduce the rate of coins being produced or "issued debt" when there is not enough demand. When times are well in our "HIRO Economy" we can have our block reward increase when difficulty is high (means our network is secure and has dedicated miners) and our exchange rate is climbing (means we have interest in owning our currency). The latter would also help prevent pumps as if someone decided to heavily pump HIRO we would have more HIRO coming into supply to accommodate for the new generated interest which also helps keeps our distribution decentralized.
These are just some things that have come to mind and I think an innovative distribution method like this could be really beneficial. Looks like I'm putting my economics degree here to use in the cryptoworld. Feel free to discuss this proposal and continue to share your ideas regarding this topic.
So you are basically suggesting the reversed model of what DarkCoin is doing and what has proven very successful? More net hashpower - higher block rewards, less hashpower -lower block rewards? Frankly speaking I cannot predict how that will turn out. My estimation is that it will result in big swings in net hashrate and not really help much with anything, although if on average there are less coins being produced overall, then it can't be worse than the current situation. What I don't understand is why you are not willing to revise the total coin supply? If you take DRK for example it started as an 84 mil total supply coin which was adjusted significantly later on. People in crypto are accustomed to these kind of changes and pretty much consider them normal. If DRK can be successful with almost 2mil instamine, then I am sure that Hiro can be successful as well with some changes to the supply curve. Nobody will accuse you of scaming or not being fair or whatever, just make sure you give people enough time to still mine after you announce and before you make the changes and everyone will be happy and especially the people who held their Hirocoins and supported you through thick and thin. Do not waste your energy, I proposed reduction of total coin supply 2 months ago and I was bashed by almost every single so-called Hiro developer. Well, with this price we can expect de-listing from exchanges to start very soon. Good thing I sold my coins. ALWAYS listen to your community cause if you do not, they go somewhere else. |
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