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701  Economy / Service Announcements / Re: Purchase Coins with PAYPAL! BTC + LTC + PPC! www.coin-daddy.com on: September 10, 2013, 09:21:59 PM
Over/under on weeks before his business paypal account is closed.  I say 4

I will take the under.
702  Bitcoin / Mining / Selling USB miners on ebay on: August 30, 2013, 09:42:26 PM
Whats the deal with this? Are people actually paying or just winning the auctions and backing out?

Also how is Paypal reacting to this? I thought they had an anti-mining equipment policy or something like that at one point.

Just curious because I see USB miners getting a lot of looks and bids lately and I want to hear from someone who is actually selling (or even buying) on ebay right now.

Any insight appreciated.
703  Bitcoin / Mining / Re: Thoughts on the future of mining? on: August 30, 2013, 08:01:04 PM
  But someone like myself, kind of like the next generation of enthusiast - I am getting to the point where I'm growing uninterested in BTC.  I'd rather put my efforts into LTC or other cryptos.  But to say there is only room for one crypto is just naive...  BTC is the first generation of crypto... Its only the beginning for this shit.

So well put. I couldn't agree more.

This statement speaks to me on many levels. When I discovered Bitcoin I was too broke to really do anything with it. Then when I did start playing with it I made some money, but not nearly as much as I could have made if I just held until Spring of this year. Now I am at the point where I have studied mining from a business aspect and I just don't see it as a viable option right now. Trading is alive but the real arb opportunities are so far out of reach of those with average resources. So now I am thinking to myself...what's next? I have always dabbled in Litecoin here and there. I even made some money in it. But what is the real future of it? Where is the innovation? I ask myself AND everyone else these questions because eventually I would like to have a hand in it all. Just not sure exactly how to go about doing it yet. I want to be active in this point of the crypto movement but I am at a stand still trying to figure out what will be most profitable to me and will it ultimately push the progression of Bitcoins or alt-coins.

I want to be a player. But right now I am simply a confused enthusiast.
704  Economy / Currency exchange / Re: WANT TO SELL: My bitcoin for your Moneypak / Bitstamp + 2% on: August 23, 2013, 05:36:24 PM
What's the most amount that you can just walk into CVS and spend to buy a moneypak?

$500 at CVS, $1000 at Walmart.

Could Tsukene go to Walmart and buy two $1000 paks and one $500 pak?
Tiptopgem, I don't know what card your using but if you load more then 4 cards a week OR more then $1000 you will quickly be frozen from your account. Not kidding, had it happen to me. Do 3 cards or less a week and do a total of $995. Trust me, you will get banned within 2 weeks if you continue doing more then $1000 per week.

I thought four was the daily limit. Thats what it said on the moneypak site.
705  Economy / Service Discussion / Re: The question everybody is asking but nobody has shared the solution to yet on: August 20, 2013, 07:09:21 PM
Is it possible to withdraw JPY from Gox to a local Japanese bank account which is not in my name? I have a cousin with a Japanese bank account but I have a feeling the name thing may be an issue.
706  Economy / Digital goods / Re: UFC / MMA Fans around? on: August 08, 2013, 09:01:27 PM
link??
707  Economy / Currency exchange / Re: WTS 50 bitcoins on: August 06, 2013, 11:00:53 PM
vite is completely legit. traded with him in the past and via moneygram and he is a pro.

try doing your homework on someone before coming in here talking big shit.
708  Bitcoin / Group buys / Re: ASICMiner USB group buy REOPENED! (previous customers only!) .175 per unit! on: August 01, 2013, 11:53:02 PM
If this is for real I want 100 of these.
709  Bitcoin / Mining speculation / Re: Asicminer USB Erupters...how do they even make sense? on: August 01, 2013, 11:23:42 PM
Theoretically, how often does difficulty increase? I know every 2016 blocks, but how often is that? 2 weeks? 1 month? 1 week?

And how much has difficulty been jumping up as of late? Looks like we are in for a 15% jump in difficulty in a day or so.

Would an experienced miner put in his or her 0.0002 BTC? I am considering buying about 50 of these things but I am trying to weigh the pros and cons.

Based on the difficulty increases this year, I think the "half life" of any product's output is around 52 days.  Expect changes in difficult every 12 days or so.  You'll have to do the math to see what you speculate your ROI to be.

Thanks for the input. I have been using several different calculators for about the past 2 hours to speculate what my ROI may be. Nothing is completely accurate but it is looking like there is a little profit to be made if things continue to move in the same direction. Looks as if BTC is going up at a steady rate for the past week or so.

Honestly I am still on the fence at the moment. What miner currently on the market gives you the longest opportunity to make some steady profit?
710  Bitcoin / Mining speculation / Re: Asicminer USB Erupters...how do they even make sense? on: August 01, 2013, 11:11:26 PM
Theoretically, how often does difficulty increase? I know every 2016 blocks, but how often is that? 2 weeks? 1 month? 1 week?

And how much has difficulty been jumping up as of late? Looks like we are in for a 15% jump in difficulty in a day or so.

Would an experienced miner put in his or her 0.0002 BTC? I am considering buying about 50 of these things but I am trying to weigh the pros and cons.
711  Economy / Trading Discussion / Re: Other ways to do CASH Deposit to MTGox ? BitInstant down... on: July 22, 2013, 05:36:21 PM
unfortunately i live in the most horrible state in the US.

I need to find a cash deposit way to buy BTC's.

IDK why but BitInstant decided to wreck there whole site.

What state is that?
712  Economy / Scam Accusations / Re: An Object Lesson on: June 13, 2013, 07:12:21 PM
I hate to hear stuff like this. I hope you get your funds back in a timely fashion.

I think the real moral of the story is stay away from Chase Quickpay.
713  Alternate cryptocurrencies / Altcoin Discussion / Re: Vircurex shareholder vote finished | Result: DGC = YES on: June 12, 2013, 05:32:40 AM
I'm guessing some big shareholders are sitting on a bunch of DGC right now.

Just a guess though,  Wink
714  Economy / Service Announcements / Re: CoinGator on: June 12, 2013, 12:23:33 AM
crazylikeafox is 100% right. PayPal is not a bank in the US. In fact, they fight tooth and nail to NOT be regulated like a bank. They are not a gov't. entity either. Lying to them is totally legal as long as you are not getting the PP debit card involved (because that requires a SSN.) The topic of "stealth accounts" has been extensively studied before in other online communities.

As for what specific vcc's and vba's work, that varies all the time. What worked last year may not work now. Just gotta keep up with the developments.

715  Economy / Service Discussion / Re: Oh NO!!! https://fastcash4bitcoins.com/ SUSPENDS THEIR BUSINESS on: June 11, 2013, 01:58:24 AM
I was just reading over the National Money Transmitters Association website and I interpreted things a little differently. It looks as if Montana and South Carolina are the only two truly unregulated states.

New Mexico has regulation regarding checks and money orders.

Just thought I'd point that out.
716  Economy / Service Discussion / Re: AurumXchange suspends all VouchX codes? Anyone can confirm? on: June 11, 2013, 01:25:58 AM
I liked VouchX codes.

What the hell is Vircurex gonna do? Their whole system was based on VouchX codes.

Anywho, I try to use AurumXchange as sparingly as possible. They love sneaking their fees up 1% or 2% whenever there is an inter-exchange arbitrage opportunity. It is really annoying. Bitinstant does not change their fees everyday and that is their main competition. I think they could use a little gut-check at the moment.
717  Other / Beginners & Help / Re: ATTENTION ALL SCAMMERS. on: June 10, 2013, 08:14:22 AM
Extortion

Your ideas are awesome. BUT you need to charge more. 0.005 BTC is too low. Charge at least 0.1 BTC.

Get paid.
718  Economy / Scam Accusations / Re: D35TR0Y3R destroying my rep on: June 10, 2013, 06:37:44 AM
Perhaps once a person is labeled a scammer that feedback that he left for others goes away?

Good idea at first, but think about it this way...

What if that scammer actually had some good trades prior to scamming? Say he left positive feedback for 3 trades before going scam-o and getting outed. Will those three people lose their positive feedback?

Also, unrelated to what you said, what about people who pay for feedback? As a potential scammer, couldn't I just pay a few members a little bit of coin to get them to pump up my feedback? If I am good, I could even create fake reference threads and have my shill feedbackers post in it, thus building my legitimacy even further. Once I get enough good feedback I wait until someone lets their guard down and says "OK YOU HAVE GREAT FEEDBACK I WILL SEND FIRST."

Boom. Scam completed.

I spent maybe $25 worth of BTC to pay some high post-count, low-moral people off, then I strike for $350. Good return on 25 bucks and a couple of days worth of posting.

The trust system is great when used properly, but everyone will not use it properly. Overall, it is very flawed.
719  Economy / Scam Accusations / Re: SCAM - Coinabul owe me 81btc on: June 10, 2013, 06:28:09 AM
Yeah looks like all their shit is free right now too..

haha yep. best deal in town.

Hey givingbitcoinwings, here is my order:

28 Australian Kangaroos
ALL the sliver in stock
972709 Perth Bars
A size 19 shoebox full of Gold American Eagles and Palladium coins
Total $0.00 <---- quoted from your site.

Also since I ordered so much I would appreciate free shipping on that.

Thanks,

Your #1 customer.
720  Economy / Scam Accusations / Re: D35TR0Y3R destroying my rep on: June 10, 2013, 06:12:09 AM
Yeah I think the fake rep thing needs to be re-evaluated. I understand that everyone should do their due diligence pre-trade, no doubt. BUT, having red in your Trust rating or feedback is bad for business.

Way too often we are seeing scammers get outed then leaving bogus feedback for those who outed them. Happened to me. I (and many others) called saudibull out on his bullshit. Of course, he got mad and left all of us bogus feedback.

To be fair, I have been able to trade successfully even with the fake feedback. But having to explain it is a pain. Also, how many people have passed up on my offers without even contacting me because they saw red? I will never know.

What happens to a person who calls out scammers on a regular basis? They get penalized for doing good in the community. I'm sorry, but all the metrics that go into the rating don't matter to a newcomer looking to cash out BTC at a 10% mark-up. All they see is RED.

But what's gonna happen? Probably nothing because if the mods start removing fake feedback then that turns them into police and that is what they are trying to move away from. Then you will have people who abuse the system, trying to get legit feedback removed because they don't like it or whatever.

Overall the trust rating is a flawed system. The only thing you can really depend on is common sense.
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