CryptX is based in Belgium where they are being r*ped by electricty companies. Price is 0,23 € on average -> 0,3 $ /kWh ... Not the best place to build a farm in the world. Then yes, 0,45$ is anormally big |
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I've lost too but that was fun to watch ! Dooglus has made a graph showing this player bankroll over time, quite fascinating !
Has he posted it? Didn't saved the image, but I have this old image before yesterday's run  |
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I own 112 shares of Cryptsy Fee Shares, that I bought at 0.05 when BTC and the equivalent USD value was about $20 per share. My total investment was 5.6 BTC and in USD at the time was $2240.
Each week, though sometimes a little late, I have received a dividend payment that ranges from 0.0003 per share to 0.0008 based on 2.3 to 4.9 BTC in Fee Shares. In total I have earned 0.58 BTC from this investment since October. At current weighted average rate of BTC, ($825.70) this is roughly $478.91 USD.
If I were able to sell all my shares at current trading values, it would return 39.2 BTC or roughly $32,341.57 USD.
What gets interesting is if BigVern's projections come true of 10-20x growth once Fiat trading becomes available. Let's just say at 2.3 * 10, would be 23 BTC a week or about 0.32 BTC a week with my current shares, at today's BTC weighted value that is $267.61 a week.
Now, if you look at the Winklevoss and Second Market ETFs, they are predicting BTC to hit values of $18,500 to $38,500 one day. I am then looking at a possibility of $5920 to $12,320 a week. (Who would have thought BTC at the start of last year would hit a $1,200? It's not impossible that it may one day reach those levels).
I think the current price is probably undervalued, and people reacted to the offering emotionally instead of logically looking at the numbers and potential.
You also have to look at that Cryptsy and Bigvern have filed registerings that are public record, posted office addresses, and have been working their ass off. MCXNow on the other hand hasn't done any of those things, is an anonymous person that suddenly shutdown the site after taking in a huge amount of BTC during their fee share offering...
Excellent summary. Personally I've invested around 0.1 because I saw many bugs on cryptsy due to the surge in traffic after MCX failure, but I also saw BigVern working his ass off to correct this. Actually, I was thinking that this exchange would be excellent if all the bugs were corrected, which is obviously not the case now. But every week I see improvements and soon people will realize the potential of an investment there. I personally value cryptsy around 0.5 BTC without fiat trading. With fiat it's another story ! |
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That reminds me this IPO on crypto:stocks https://cryptostocks.com/securities/63I like the "In the event of a forced termination of operations due to legal issues, the remaining assets of the project are to be liquidated and dispersed to the shareholders."  |
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Congratulations to "50percent", who won 742 BTC (nearly $600 000) yesterday!
what? biggest cumulative gains in last 3 days 356805 | 403.74842728 is this a real news some one win 742 BTC if yes then I have big lost in my investment I've lost too but that was fun to watch ! Dooglus has made a graph showing this player bankroll over time, quite fascinating ! |
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The dollar.
Already taken by the FED  |
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750 million usd market cap ? wow can someone explain it pls ?
Think. - What makes a market cap ? (hint A*B) - You know A but how is determined B ? You got the answer |
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great !! Can't wait to test it. XPM mining was so slow, with BEK, the QE makes the printing much more fun !
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Over 9000 ! I foresee great future for this coin  I made minor improvements on the physical. Bigger gold center and a new latin motto which means roughly (according to wikipedia) "What is abundant doesn't hinder" or "It is no problem to have too much of something."  |
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Is it a scam site? Of course not, support takes time because they're overwhelemed, but every issue I've encountered has been resolved. No need to be aggressive in your tickets btw. |
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Anyone knows why cryptsy stock skyrocketted to 0.4 today ? 1/4 of monthly volume in the last 24h according to crypto:stocks stats. Some insider news about USD/BTC launch ? BTC's recent price increase isn't doing them any favors either.
About this, I think what he means is that since the dividend is paid in BTC in relation to the transaction fees (and thus volume), the fees in BTC would lower with a high BTC, and increase with a cheap BTC. A bit like in gambling economy where the wagered bets decrease (and then the house advantage) when BTC rises. But anyway I think cryptsy has proven reliable and service is really improving so I guess it'll be a nice long term investment. PS: sry for the bump |
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Add Bernankoin and save economy!  Bernankoin is the first coin based around sane economics principles. It is based on the publications of Nobel Prize Winning economists.
To put it in simple words for those of you who never attended College Economics Classes, Bitcoin is inherently flawed because of deflation and deflation is bad mkay.
See, when people "mine" coins, it means they need them. And yet, more people "mining" result in less coins! It's nonsense.
So with Bernankoin the Block Reward is actually determined by how much people want coins. It's also not "mining" anymore, which is a silly goldbug term, but printing, which is the way Ben Bernanke saved our economy. That innovative reward system is called Quantitative Easing.
That way, it also does away with any pre-"mining" concerns.
A bernankoin is a BEK, and the smallest unit is called a keynes.
We don't use "wallets" which are insecure and unreliable, but good old banks.
https://bitcointalk.org/index.php?topic=375010.0Adding BEK would be a nice experiment, I think there's a market there. The features of BEK would really help to save the cryptoeconomy. |
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I made a Bernankoin Printer (faucet). Check it out here: http://162.243.210.160/bernankoin/index.phpYou can print as many Bernankoins as you want, one at a time. I'll monitor the traffic and the ink level (balance) of the printer during the rest of the day and adjust the reward if it dries too fast. If my server can keep up with the traffic I'll create a thread so as everybody learns about the Bernankoin Printer, but for now I'll keep the announcement just on this thread. Have fun printing Bernankoins! Dude, your printer was running low on ink ... Thanks to the QE3 I bailed you out and I filled up the cartridges for good !! |
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Let's celebrate QE3 with a physical coin ! I can modify the text if you want  Donations (BEK only!) BnSvcTmCXW5QeHy2r5bDwuLQA4J5Yc6dJA |
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does the increase of block reward never end?
Yes I love this coin ! How is the difficulty adjusted ? |
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Printing full force right now !
BjJpcxUJBxzJd2DNcdsWgfEjQJrd6JEwRd
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I'm joining the movement ! Warming up the printer.
I bet it's gonna be the favorite coin in WS in one year. Golden boys will buy cocktails with BEKs sooner than you might imagine.
Thanks in advance for any donation
BnSvcTmCXW5QeHy2r5bDwuLQA4J5Yc6dJA
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Hello, I like to invest some BTC in JD but I have a question : Is it correct to assume it' like investing in a fund that will grow corresponding to this chart : http://bitcoinproject.net/just-dice-casino/just-dice-charts/profit-chart ? If not, how monthly % can I expect, and are the winning automatically compounded into investment ? Anything else I need to be aware of ? Thx ! PS will change my signature if I'm convinced |
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