I've been an early investor bought below 0.0008BTC and cashed out at 0.0025BTC
Why the sudden change of heart? ken is his whole operation gets shadier everyday. It may seem like all is going well with his active posts/and few Avalon rigs running for dust dividends, but it looks more and more like a scam to me.
But this is bitcoin stocks and we have seen in the past, elaborate scams aren't new. This may be the biggest one yet.
Go read the share information and contract over and over, investor's benefits very little and I honestly don't know how you can justify selling your newer issued shares at 0.0025. I understand if there are significantly less shares before you introduced 4million shares at 0.0025. But no, that's not the case... 10TIMES the amount of shares has already been present and issued. You honestly think you can just increase your stock by 310%+ by issuing another 4 million at that price claiming early bird investment?
You just tripled your money and you are still complaining? My worry as a potential investor is the opposite. Despite tripling his money the guy has nothing good to say about the operation. There are lots of people in this thread with similar views. I went through 380 pages of ASICMINER discussions and believe me, its 99% praise. Here its 50/50, makes me vary wary as potential investor. Hey mate, you are correct. If theres 40 million shares on issue at lets say at the rate of 0.0025 a share. 40m x 0.0025 = 100k in BTC. There is no way this company is worth 100 thousand in bitcoins LOL. Did i miss something here? I can't see this going up. Update: They are actually have 100 million shares, that makes the company worth 250k BTC @ 0.0025. Which is 1/84 of all bitcoins (21 million) or at current prices worth 25 million dollars, This is plain ridicules. And a drop in value is sure to come. This is mostly speculative hype. A bullish rush to buy that it way more emotional than rational. |
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I've been an early investor bought below 0.0008BTC and cashed out at 0.0025BTC
Why the sudden change of heart? ken is his whole operation gets shadier everyday. It may seem like all is going well with his active posts/and few Avalon rigs running for dust dividends, but it looks more and more like a scam to me.
But this is bitcoin stocks and we have seen in the past, elaborate scams aren't new. This may be the biggest one yet.
Go read the share information and contract over and over, investor's benefits very little and I honestly don't know how you can justify selling your newer issued shares at 0.0025. I understand if there are significantly less shares before you introduced 4million shares at 0.0025. But no, that's not the case... 10TIMES the amount of shares has already been present and issued. You honestly think you can just increase your stock by 310%+ by issuing another 4 million at that price claiming early bird investment?
You just tripled your money and you are still complaining? |
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This whole thread reminds me of ramblings of a slightly mental individual with a massive unmedicated ADHD problem.
ADHD? a person that is not sedentary, bursting with constant energy? Spare me the bullshit about attention deficit hyperactivity disorder, that ain't no disorder, its simply something society can't handle. |
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I stopped reading when i saw this at the start of your post: "Due to recent happenings. Bitcoin town will work to protect, promote & repair the mental health of any willing citizens:" Why are you talking about details that have nothing to do with building/ organising a bitcoin town? I am completely uninterested in any 3rd party that feels the need to "repair my mental health", and i don't think that should be the primary focus of anyone that wants to start a "bitcoin" town. If you are serious about this, start with general plans about your economy, what special measures you would take to make your town bitcoin friendly and look for a bunch of people that are interested in the idea. Hell, even the shape of the houses you will be building is not important at the moment. Not everyone wants to live in a house made of tyres and glass bottles. Personally, i wouldn't mind, but by mentioning that completely irrelevant detail, you scare away half of your readers. Start with the basics, build a community and evaluate your options. Once you got enough people that are commited to the project, you can start discussing the details, not the other way around. Nice idea, Sloppy execution.  I think its most fundamental to start any project with how you want it to function. You don't build a town for the sake of building it, you build it because of the ideas and concepts that motivate you to build such a town . You don't build a spaceship to the moon if you didn't have the idea/dream of going to the moon in the first place, who would be motivated enough to build such technology without dreams, however far-fetched they seem. |
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so no one is interested?  |
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Thanks cleared it up for me. This is very tempting. |
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Sorry why are you selling it and not mining with it?
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That's true but i have given my postal address so you can contact me personally. You can also wait to see if this group buy is successful, giving me more of a reputation if all goes well, i may then start a second group buy.
Regards.
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Hey, thats great news! hope to see you apart of the group buy.
Regards.
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Hey, thats because i am not paying postage to myself, not paying the transaction fees and not paying for my own time and effort.
Regards.
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Not going to do this group buy anymore, closed.
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Ok if that first link is truly reflective of bitcoin mining then mining is still worth it, thanks for the reply.
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From the graph: http://blockchain.info/charts/total-bitcoinsWe can see that the line is flatenning out, i see people thinking they will be able to make big profits with ASIC mining but the fact is there is only around 10 million bitcoins left and the flatter line is indicating that mining will become really slow. Also take into account that the rest of the 10 million bitcoins will be mined by 2100+ compared to the 5-6 years that 11 million have been mined in the past. You would rather invest your money in as much bitcoins as you can buy now and wait for the prices to go up in my opinion. |
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Hey, Im from sydney and I'm in. If you need a place to work or store chips, can use our garage if need be.
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Hi guys I'm going to start a group buy for the ASIC Mining Block erupters. Looking to purchase a 300 quantity batch. Post below if any one is interested and we will start from there. Prices will be 2.25BTC below 5 orders or 2.15 for 5 or more, the extra costs from the 1.99BTC they are sold for is to to cover postage, time and effort. Location they will be posted from: Sydney, Australia, International orders welcome. I'll pack and send them to there owners once they arrive. If you don't know what they are, follow this link: https://bitcointalk.org/index.php?topic=195004.0I'll add an FAQ here as i get more questions and i may make a website for this group. Regards, hamiltino |
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Don't worry your not late the crypto-currency age has just begun.
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Can any one show me a tutorial on litecoin mining for Linux. I'm having a lot of troubles. Something that explains things step by step. I got bitcoin mining going easily with Bitminter but litecoin seems another story.
Thanks.
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Keep googling you will find something. BTC - e, Mt Gox is all I know but I'm sure there's more that will accept your currency.
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