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641  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: August 10, 2014, 09:51:23 AM
Hi guys,

Been following you for some time now.

I have filed 2 complaints with paypal so far - no luck.
Talked to my bank about this - they said that the chance of getting any money back is pretty low as a lot of time has passed.

In the meantime i also wrote some mails to Alpha.First i got also the standard reply etc, but after my last mail in which i explained that they are in breach of contract they said they are willing to refund 50% - 70pounds from my 30% deposit.

Should i take this? It would be only 132.5 pounds from the 405 pounds deposit.


Not saying this is your intention, but this is your first post and it seems to benefit AT. They get to keep 50% of our deposits due to their negligence. If they do or don't end up selling these units, they should refund deposits to anyone who requests it. I can't imagine gifting them our money.
642  Other / Politics & Society / 9/11 derail: rpietila Wall Observer - the Quality TA Thread ;) on: August 10, 2014, 08:26:35 AM
I would like to remind you all to stop using this polarising language.

The unofficial 9/11 narrative is not a "conspiracy theory", it is evidence of both identified and unidentified actors that played highly significant roles that went unrecognized in the official US government/media narrative.

Using the "conspiracy theory" expression simply plays into the hands of those who would prefer to marginalise the proponents of that unrecognised evidence. There is nothing theoretical, nor does any of the unrecognised evidence prove any collusion between any parties. That evidence is derived from witnesses and recorded observations that contribute additional forensic/scientific analysis of the event. So, with no theory component, and no conspiring component, there is no conspiracy theory.

These words we use have meanings, let's actually use them in a way that adheres to their meaning and that's consistent.

Nice post Carlton. Interesting that the governments story from the get go was a quite extreme conspiracy theory. Anyone who questions the governments story (or not) and wants a laugh, please take a couple of minutes and laugh your ass off at what James Corbett put together regarding 911. https://m.youtube.com/watch?v=yuC_4mGTs98

And not shockingly, it was the CIA who pushed the use of "conspiracy theory" forward due to all the criticisms they were receiving starting with and then following the warren report. You just can't make this stuff up. CIA Document #1035-960 http://www.realhistoryarchives.com/collections/assassinations/jfk/cia-inst.htm

More in tune with this thread, we have a war on drugs, a war on terror, but how about a war on corruption? Funny, the latter will end the formers. Thanks BTC  Wink

Its about sharing

Fair enough, there is no conspiracy hence theory where there is proofs (helloo 911), and there is theory hence conspiracy where there is lack of proofs (helloo Manmade Golbal Warming..). It's just lying and hiding.

but cant you also imagine BTC being on top of that cherry?

edit: I mean, the Intelligencia, the Deep State, monitoring it all.  Shocked

I think/feel that anyone involved in BTC probably has had the fleeting thought that it was started by an agency. I think that, at this point, it really doesn't matter. Unless they get a new world war, I don't see these criminals being able to control where things are going.

Further, they appear to be losing more and more support. What Adam mentioned before regarding perception coming into being, along with consciuosness, is basically beyond "their" control. And if BTC is Trojan Horse, what the heck is perception and consciuosness to tptb? They/we are being hit by a multitude of forces and factors right now. We have a great chance...

Its about sharing
643  Other / Politics & Society / 9/11 derail: rpietila Wall Observer - the Quality TA Thread ;) on: August 10, 2014, 12:01:01 AM
I would like to remind you all to stop using this polarising language.

The unofficial 9/11 narrative is not a "conspiracy theory", it is evidence of both identified and unidentified actors that played highly significant roles that went unrecognized in the official US government/media narrative.

Using the "conspiracy theory" expression simply plays into the hands of those who would prefer to marginalise the proponents of that unrecognised evidence. There is nothing theoretical, nor does any of the unrecognised evidence prove any collusion between any parties. That evidence is derived from witnesses and recorded observations that contribute additional forensic/scientific analysis of the event. So, with no theory component, and no conspiring component, there is no conspiracy theory.

These words we use have meanings, let's actually use them in a way that adheres to their meaning and that's consistent.

Nice post Carlton. Interesting that the governments story from the get go was a quite extreme conspiracy theory. Anyone who questions the governments story (or not) and wants a laugh, please take a couple of minutes and laugh your ass off at what James Corbett put together regarding 911. https://m.youtube.com/watch?v=yuC_4mGTs98

And not shockingly, it was the CIA who pushed the use of "conspiracy theory" forward due to all the criticisms they were receiving starting with and then following the warren report. You just can't make this stuff up. CIA Document #1035-960 http://www.realhistoryarchives.com/collections/assassinations/jfk/cia-inst.htm

More in tune with this thread, we have a war on drugs, a war on terror, but how about a war on corruption? Funny, the latter will end the formers. Thanks BTC  Wink

Its about sharing
644  Other / Politics & Society / 9/11 derail: rpietila Wall Observer - the Quality TA Thread ;) on: August 09, 2014, 10:46:03 AM
Risto, could you please clean this thread from 9/11 WTC conspiracy theories. If you guys really want to discuss this, do so. But not in a freaking TA thread! The only buildings that may be discussed here, is the Mala castle!

Nah, I love these provocations at authority. Few believe the governments story and we define how we use our language. Keep the criminals on their toes.
We shouldn't have to adjust our lives to them, governments serve us and should adjust to us, to serving us. A little cognitive dissonance is in order...

Would be nice to have a Rpietila "The truth behind 911" thread though.  Grin

After all,
Its about sharing
645  Bitcoin / Bitcoin Discussion / Re: Do you think Satoshi will ever spend his bitcoins? on: August 09, 2014, 07:37:14 AM
When the price is above 10k and\or adoption is huge, Satoshi can both change the world and keep his anonymity by giving BTC away to "groups" he sees fit.

Keeping his physical location a secret might be difficult, but he can probably figure a way to sell offline to trusted parties.

Does anyone fathom how easily and profoundly a trillionaire could change the world and at the same time, not "spend" a bit?  Wink.  Gotta love it...

IAS
646  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: August 05, 2014, 12:34:51 PM
Just got an email from these guys, in stock (in EU). These appear even more efficient with watts and ship now. Price is also cheaper but it is a 90Mh/s unit so is more up front.

https://www.asic-hardware.com/product/a2-innosilicon-terminator-scrypt-miner-90-mhs/

90Mhs - 2,250 Euro

Quote
1 A2 Terminator Innosilicon unit of 90Mh/s ASIC miner, can vary by a +/- 10%
Single standard form factor 4U server chassis
1 Raspberry Pi computer
1000watt Platinum 80-Plus rated enterprise class power supply unit (PSU)
Only draws 10-12watts per chip (500-700watts total)

Specification:
48 State of the art A2 28nm ASIC chips
High Quality Bench Tested PCB
4U Rack mount compatible server chassis (rackmount rails extra)
Internal 1000 watt PSU’s (draws about 500-700watts depending on hashing rate and overclocking configuration)
Latest energy efficient Power Supply and ASIC chips to give you the highest ROI
USB Port to connect to Raspberry Pi, PC or MAC.
Fitted with high performance fans to keep the processors cool.
Patent Pending thermal cooling system

Terminator A2 Miners are in stock and will be shipped within 24 hours with Fedex International Priority.
647  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: July 31, 2014, 04:31:21 PM
With all the new alts out there, what does LTC have to offer? What is it's reason for being?

I'm not holding any LTC right now, but I will say it has a few things going for it:
Huge Hash rate (but with ASICs coming out in full force and this early in the emission curve, that might be a bit dangerous in a centralized way)
Charlie Lee behind it - Family connections, might be able to help implementation
Most have heard of it who know about Cryptos, still relatively inexpensive.

That was off the top of my head, once big money starts moving into any alt, it will have a self fulfilling prophecy though. They will decide imo, at least short to mid term.
648  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SWARM] Swarm - Cryptoequity Crowdfunding - Official Thread on: July 31, 2014, 11:21:58 AM
Just go with the original plan and be a man & keep your words.

This would be simple if I was the only decision maker, but our founding team has very different views on the matter and hasn't been able to reach consensus yet. Besides somewhat different ideas on the optimal situation (e.g. the relative importance of the coin market cap), we also disagree on how the community feels about this issue. As you can see I spend a lot of bitcointalk where the majority of posters so far have said they want us to go forward with the original plan, but there was only a single negative comment sent back after our newsletter went out to approximately a thousand people.

Right now we have no mechanism to resolve our disagreement and this is one reason why I think a swarm coin holder representative is extremely important.

IT IS SIMPLE! We all voted for the original plan when we sent you money during the fundraiser. Issue over. 100% consensus right there. You, nor the rest of the team have any right deliberating on how you're going to play out a bait and switch. Hell I bought 200k swarmpre and I received no newsletter. I had no idea there was a vote about shit. Not that knowing about it would have made retroactively changing the deal okay. After the fact a vote will just result in a percentage of a percentage exerting their decision over the rest. Let me repeat in bold: YOU RECEIVED 100% CONCENSUS ON THE ORIGINAL DISTRIBUTION PLAN WHEN EVERYONE SENT YOU MONEY ON THE BELIEF THAT THAT WAS THE DEAL! To go any other route is unethical and depending on what choice "the team" makes, possibly plain thievery. What are you talking about "the relative importance of marketcap"? The only reason "the team" would be so concerned with manufacturing the highest possible market cap (which is absurd in its own right. Build a great product and the market will make itself) is so you can all dump swarm on everybody. What is more "the teams"  concern? To appear to have integrity by doing what you say you will do and building a groundbreaking crowdfunding platform, or to dick around with investors and play kindergarten economics?


I think a discussion of refunds is in order. This is not what I invested in.




Edit:
Quote
Right now we have no mechanism to resolve our disagreement and this is one reason why I think a swarm coin holder representative is extremely important.

Do you think trying to insulate yourselves from your investors is going to solve this? No. Not reneging on the original deal and following through with what the investors were told when they sent you money OR issuing refunds are the only ways this plays out without your credibility and this project imploding.

+1
I am a bit confused why there is even a discussion here. I didn't realize the starters even had a chance in changing the original agreement. At this point I think it is fair to mention, by name, which of the "founders" are wanting to go against the original plan.

I think this change of heart from the original founders arose because not enough pre-swarm were sold in their eyes. But this doesn't really matter when an agreement was already in place. I don't want a refund, a new vote, a chance at another re-launch, etc., just stick to the original agreement. What are we missing? Not meaning to be hard, but again, how is this change even being discussed?
649  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 30, 2014, 10:07:52 AM
What do you guys think of just using volume as a way of gauging public interest in alts?
I realize it is not perfect, clearly. But it has been nice seeing XMR climb, but we are not alone.

Here is the site I use to see alt volumes: http://www.cryptocoincharts.info/v2/coins/info
(If you know of any others, please let me know.)

Currently we are the #6 coin. Dark has been falling. But Cloak seems to be extremely strong in volume lately.  It is almost on par with LTC.
I have read not much good about Cloak here, but it is almost the #2 coin and it is an "anonymous" coin as well. Volume is around 1000 BTC.

IAS
650  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: July 30, 2014, 09:34:17 AM
Personally, I don't believe AT's response regarding the recent problems. If AT prides themselves on transparency, then a few points:
- You can't just reinstate everyone you dismissed off your boards (permanently and by IP no less) to claim transparency again.
- Let's see the documentation from the foundry on what went wrong. Right now we have AT's word, which has lost our trust.
- Let's see the Pay Pal documentation as well. Let's see the finances. If "we" are part owners, then I want to see what I am a part of. (That said, I am not likely sending another dime their way.)
- How about an explanation on why Fiaz deleted all of his posts here
- How about an explanation on why his family members are suddenly no longer a part of the company?
- Fill in some more...

I'm just wondering, if "we" become part owners, when AT gets sued, do we have to pay all parties involved, including ourselves. LOL
As it is, it makes ZERO sense to pay any more money when you can for less money NOW, buy more Mh/s (which still probably doesn't even break even.) The mining game has changed.

Its about sharing

ps - Thanks to you guys who really helped throughout this process
651  Alternate cryptocurrencies / Altcoin Discussion / Re: Alpha Technology Viper Scrypt Miner List of Orders on: July 29, 2014, 11:17:15 AM
lol, sorry sucker, if you actually sent them funds after all the warnings you deserve to get ripped off. This was a giant scam from the start.

You were right, now alpha T threatening people with losing their order place if they don't pay within 10 days.
And then the big lie from the managing director of alpha tech stating the shipments are late because paypal is with holding funds

Spoke to paypal today and they said it isn't true

I would be shocked if anyone even goes through with the order now.
A September Delivery means a HUGE loss on investment. As a matter of fact, with the difficulty
going up as much as it has been, you probably won't make your down payment back. (Depending on electricity rates)
You can buy more Mh/s for cheaper now and get delivery now from AT's competition. They know this and don't appear to be doing anything about it.
652  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: July 28, 2014, 07:50:52 PM
Just noticed the email about September delivery.

Curious, since a bit of the gist of AT's argument against refunds is regarding their claim that customers are ALL businesses.
So, how many of you have Business Tax ID numbers and the like?
653  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 28, 2014, 07:40:31 PM
Wanted to share this post here, (partial).

rpietila what I find very interesting about Monero is how much Bitcoin developers really like the CryptoNote concept. Take for example gmaxwell, PeterTodd, wumpus, nanotube etc.
Every name I mentioned have spoken well about XMR and currently three of the names are active in #Monero-dev.
wumpus is the leader of Bitcoin development team, he took over after Gavin and to my suprise I find him in the Monero dev channel.
I find this very interesting, because all of the guys here are really good cryptographers and have been the core bitcoin developers for years.

To see if the names here also particpate in other altcoin channels on freenode, I checked #darkcoin-dev, #darkcoin, #ethereum and #bytecoin and I could not find any of them has such a huge backing by good developers as Monero have.
For me as an investor, this give Monero huge credibility.

654  Alternate cryptocurrencies / Altcoin Discussion / Re: Monero Economy on: July 28, 2014, 07:37:57 PM
Have to cross post this, at least a part of it. Things are looking good fellas.

rpietila what I find very interesting about Monero is how much Bitcoin developers really like the CryptoNote concept. Take for example gmaxwell, PeterTodd, wumpus, nanotube etc.
Every name I mentioned have spoken well about XMR and currently three of the names are active in #Monero-dev.
wumpus is the leader of Bitcoin development team, he took over after Gavin and to my suprise I find him in the Monero dev channel.
I find this very interesting, because all of the guys here are really good cryptographers and have been the core bitcoin developers for years.

To see if the names here also particpate in other altcoin channels on freenode, I checked #darkcoin-dev, #darkcoin, #ethereum and #bytecoin and I could not find any of them has such a huge backing by good developers as Monero have.
For me as an investor, this give Monero huge credibility.

655  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 27, 2014, 07:48:17 PM
I'm really interested here in Open Source Hardware. Guys - anyone have any more information here?
With the NSA revelations, I really don't trust any of the hardware manufacturers (but who does?)

IAS

Not really, you still have to trust someone to build that hardware.

There's a running joke when discussing "secure" systems, that if you want it to be "truly" secure you have to design and build the hardware yourself, and then write the OS yourself. And it has to have no exploitable bugs. In other words, good luck with that;)

When you take usability into account (presumably you don't want to jump through tons of hoops for every message you send and every penny you spend), the best you can do is exercise a moderate amount of caution, and use older, known cryptography on older, known hardware.

Thanks for the information.

(Anyone) - Any suggestion on a small and cheap netbook or the like, to be used as an offline machine?
I will be using a USB stick with the wallet generator on that and just print off it.

Thx in advance,
EMS
656  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 27, 2014, 06:58:21 PM
I don't see any overt flaw with the fundamentals apart from the bloat. I'm even open to investing in Monero, if the bloat can be fixed. Anonymint has stated that it cannot, but perhaps he can be proven wrong, who knows?

 My main issue is with the Monero shills who try to misrepresent where Monero is in terms of completion. Just read your own thread to see the crippling issues that people deal with on a daily basis.

You're conflating - the conversation you were involved in was about the "best" anonymous coin, not the most usable or the most feature-complete. The person referred to ZeroCoin, so clearly they're talking about the "best" with regards to the degree of anonymity provided.

Bloat is something we know about, but not something we're concerned with solving right now, so stop bringing it up. Rehashing it is a strawman argument.
Nothing will be truly anonymous until there is an IP solution (not I2P, which is offers only illusory protection) and open source hardware. Bloat is an issue, no matter how much you try to divert attention away. It exposes your coin to centralization and makes it easier to attack the network.

I'm really interested here in Open Source Hardware. Guys - anyone have any more information here?
With the NSA revelations, I really don't trust any of the hardware manufacturers (but who does?)

IAS
657  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 27, 2014, 02:48:32 PM
Surprising how the Monero price is stagnating, even after last week's pump by the bagholders.

You really have no idea what you're talking about do you ? We're in a downtrend. What's surprising is that it has not yet hit the 3,65 mBTC range. What's surprising is how much demand there is above 3,9 mBTC.

My theory is that cryptsy will add XMR soon and some people know about it, so they're not dumping just yet.

Also, now that I'm quoting you, i must say this : it's beyond me how you are not yet banned from this thread : every time you post, you add nothing but noise.
Sorry, didn't know that praising Monero was mandatory. You guys are pathetic.

The daily volume of Monero has been huge. Clearly there are some people with money entering and supporting the market. Why is that a pump?
Even here, Risto and others have presented great arguments for its success. I don't understand why praising a coin along with huge volume,
is necessarily pumping?

To me, pumping implies dumping, right? I mean what is the sense in pumping something up outside of getting a nice return?

And why the name calling? I noticed the Dark guys don't come around anymore for many reasons (e.g. dropping volume, weaknesses brought to light, etc.)
but I don't mind debate. I am not tied to a coin, though it would be nice to make another few nice calls on successful coins in the future. I was in Dark, XC
and some others and exited them when more evidence of their weaknesses came to light. But I am no necessarily looking for "the best" coin. Rather something
that appears to be near the top at this time and one that will adapt and change as need be. (Why I got out of Litecoin, at least for now.)

IAS
658  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 27, 2014, 11:51:39 AM
Anyone remember ripple?

Ethereum is all based on assumptions  . Young dev , some team members leaving the project. Delays..

Investing in the ipo is equivalent to blindly throwing money into something which has not proved anything so far. Any btc thrown at it is equivalent to gambling.

DeV did not mention total number of Ethereum , tokens from what i have seen it looks unlimited. Which means its value in the future will inflate and go down.

Some of the people behind Ethereum are using that smart kid Vitality to reassure investors its  a safe bet.

In all honesty all IPO's are bad for crypto.




.....remember Ripple?
You mean #3 of currently most traded coins according to coinmarketcap and be used by banks for transfering their funds?

Ripple is number 3 there in market cap. Most likely cause there are trillions of them (I kid). It is barely #5 above Darkcoin as far as volume goes.
http://coinmarketcap.com/
There is no doubt that the banks value it, as it is a debt based (IOU) system.
But the community has pretty much ignored it. These other popular coin market cap sites don't even list it.
http://cryptmarketcap.com/
http://www.cryptocoincharts.info/v2/coins/info
Ripple seems to be something by "the establishment". There is just something about it that keeps us Crypto guys at arms length.
Not saying it will flop, just reaffirming my previous statement, there is a reason most keep it at a distance.

IAS
659  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: July 26, 2014, 08:17:32 PM
Wouldn't be easier for people to just start over with a new currency than deal with a hard fork?

Exactly. The confidence in Monero after the hard fork will be shuttered. It's much better to admit it and try again with new coin than to let the whole concept limp in the future because of the initial design problems.

Are you guys serious? You really think if a better technology comes along, that it is easier to build that network out with a new coin (not to mention testing, getting a developer network behind it, promoting it, etc.) instead of just adding that to Monero, BTC, etc? And then rinse and repeat with each new technological advancement. That makes absolutely no sense.
660  Economy / Speculation / Re: rpietila Wall Observer - the Quality TA Thread ;) on: July 26, 2014, 03:03:22 PM
Argentina is near the tipping point: http://money.cnn.com/2014/07/25/investing/argentina-default/index.html?hpt=hp_t4

We need some actions in bitcoin land! Is there any chart that can be overlay on the bitcoin chart correlate to the world financial crisis?

Good question....

Draper (winner of the Silk Road auction) said he was going to bring BTC liquidity to Countries like Argentina (and he might have mentioned them by name) in the form of exchanges I believe. Get a mivin Mr. Draper...
Glad to see BTC adoption starting to really move, but we have to get it where it is really needed.

wouldn't argentina be vehemently against this? wouldn't they want to force people to hold on to paper notes? draper would need cooperation with the argentine government.

Yes, but I think it depends how bad things get and look.
If leaders are in danger of a popular revolt and being hung,(and don't think that can't happen), then they might bend. They might even be sold on it in other ways (use your imagination).

In another way leaders may not realize what the cryptos can do, and let them go by the wayside, so to speak. The quick move from their money into BTC might catch them off guard and be too late to stop. We can hope anyway.

The way Draper sounded is that this is being worked on. And, you don't just buy 30,000 BTC without doing lots of homework.



i really wouldn't worry about the near term price action other then as potential buying opportunity. With guys like Draper holding 30k, we can be sure every other filthy rich person is asking himself and his buddies while at summer parties in the Hamptions and other places, whether he should also dump 100k into Bitcoin just in case... and i guarantee you that we will see deals sealed over Labor day weekend in the USA and news coming out following that.

Well either that or I am totally off base, but you know business is not rocket science...

Great point, the Draper purchase was essentially an advertisement on where to put some of your wealth and to the wealthy.

Some further FUEL:
1- VC money now going into BTC relative to early internet. I realize a few years have passes, but if you didn't know, we are blowing those early internet numbers away. (Sorry, don't have them off the top of my head, but there was an article a few weeks ago on it.)
2- More and more, and larger and larger, retailers accepting BTC
3- as #2, but with people hearing of BTC
4- BTC is entering popular culture, guess this is a combo of the prior, but the meme is here.
5- More and more people are questioning what money is. BTC has essentially lifted the veil off the FED. Uh oh
And on and on...
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