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7621  Bitcoin / Mining speculation / Re: July 25th to Aug 8th diff thread (temp) on: July 29, 2015, 06:55:44 AM
Adding 3 more

Philipma1957  -1.01 to -1.25
jonnybravo0311 +0.76 to +1.00
ezeminer +1.01 to +1.25
HerbPean  +1,26 to +1,50
kenscho  +1.51% to +1.75
Biodom +1.76 to +2.00
mavericklm +2.01 to + 2.25
tss +2.26 to + 2.50
Amph +2.50 to +2.75
Mikestang  +2.76 to +3.00
zebedee +3.01 to +3.25%
tertius993 +3.26 to +3.50
Lboss +3.51 to +3.75
notlist3d + 3.76 to + 4.00
Kexkey +4.01 to +4.25
wpt1wpt1 +4.26 to +4.50
wlefever  +4.51 to +4.75
7622  Economy / Service Discussion / Re: Does BTCJam recover your loses in any way? on: July 29, 2015, 06:53:27 AM
if you loss at, you loss. Yes! I lost about ~0.005. He's a B- user and also he got +1 rep and already he repaid his loan. So i just invested on him. Unfortunately, he defaulted  Angry can't recover.
Thank god i just invested/loaned ~0.005 only.

~Rude Boy Kiss


I highly suggest everyone staying away from BTCJam.  It is full of scammers and a lot who will default.  You look at these huge rates and think wow... I will make a ton off this loan!  But in reality if someone cannot buy BTC at regular price chances of them keeping up with a big interest loan is slim.

Then BTCJam leaves it up to you to collect.  They need to have a legal team to help defaults and getting money.  They need to add this but they want nothing to do with defaults.
7623  Bitcoin / Mining speculation / Re: July 25th to Aug 8th diff thread (temp) on: July 28, 2015, 11:00:47 PM
I think there is an empty slot from +3.51 to +3.75 %. Id like to grab it before anyone gets, thx...

Philipma1957  -1.01 to -1.25
jonnybravo0311 +0.76 to +1.00
HerbPean  +1,26 to +1,50
kenscho  +1.51% to +1.75
Biodom +1.76 to +2.00
mavericklm +2.01 to + 2.25
tss +2.26 to + 2.50
Amph +2.50 to +2.75
Mikestang  +2.76 to +3.00
zebedee +3.01 to +3.25%
tertius993 +3.26 to +3.50
Lboss +3.51 to +3.75
notlist3d + 3.76 to + 4.00
Kexkey +4.01 to +4.25

Done!
7624  Bitcoin / Mining speculation / Re: buying second hand miner on: July 28, 2015, 10:31:32 PM
What ever you do don't buy used miner from 2ndHandMiner.com

This is the shadiest site ever. I want to warn and recommend everyone not to buy any hardware from Amy K Brannan and their website.  I purchased an S5 Antminer and it arrived with only one hashing board working.  I tried to work with Amy to get the issue resolved and my return request was declined, also I was told that they called their representative at Bitmain Tech and told them not to honor any warranty repair for my item.  Also they have a tendency to jack up the price on a product once you add it to your cart. So if it's like 499 and you add to cart to check out all of sudden it's now 599. They are super shady and not customer service friendly at all.  It takes them at least a week or two to respond to any issues you may have. Don't trust these guys and don't order from them they won't make it right and they will send you malfunctioning equipment.



I suggest calling Bitmain.  I think they fed you a line when they said "called their representative at Bitmain".   This site is not an official reseller.

Read the warranty from Bitmain - https://bitmain.zendesk.com/hc/en-us/articles/202661989-Limited-90-Day-Warranty-Terms-  It is only good for the original owner.  In this case 2ndHandMiner.com once they sold it to you there was no warranty unless Bitmain was feeling nice and made an exception.   

Order from Bitmain so it's official if your getting new gear. (Or 2nd hand official on Bitmain currently).   Used gear yes you can get other places but don't expect warranty.

If you ordered with credit card and they truly sold you a S5 where only 1 hashing board works, might call credit card company up and see about dispute.

Before you do that though try to problem solve.  What PSU did you use with your S5?
7625  Bitcoin / Mining speculation / Re: July 25th to Aug 8th diff thread (temp) on: July 28, 2015, 10:11:23 PM
just got back from vay-cay



@ notlist.

keep running this one till the diff shifts keeps it easy for everyone to not jump around to a new thread.

i have to catch up with about 500 emails some pm's and a few other blog sites.


thanks for help.

first things i have to post a negative feedback to this copycat

https://bitcointalk.org/index.php?action=profile;u=538286

Sounds good! Hope you had a good vacation.  

And I don't envy catching up on PM's and email's.  Good luck Smiley
7626  Economy / Speculation / Re: MS missed web, Google missed social, FB missed mobile. Who will miss Bitcoin ? on: July 28, 2015, 10:09:36 PM
Average Joe.

Yup. Pretty much everyone despite it being easy enough to learn a few facts in a minute or two.

I don't know if Bitcoin is the end product, but I don't see how anyone could look at what it does and not think there's a future in there.

Not everyone one is like us, mand.

We are believers and hauling for the long-term and have a way far vision.

One of the main issues, even I face it, is buying BTC. Still BTC is difficult to buy in most countries.


It is a hurdle to teach what BTC is and it holds a value.   It really needs help to be more widespread.

I would love for someone to do a experiment.  Put a paper wallet of BTC worth 10 dollars and a 5 dollar USD bill on a table and let person take one.  I think were so early in BTC a lot would take the 5 dollar fiat money. 

I would love to see some numbers on that if I am right.  I just think a lot of people still don't understand BTC.  In 5-10 years its hard to say what it will be like, but I hope in that time all will pick the BTC worth more and know about BTC.  Guess time will tell.
7627  Other / Beginners & Help / Re: How would you introduce Bitcoin to your friends and family? on: July 28, 2015, 10:04:26 PM
+ Hey look that's a new currency worths a lot.
- How so? What's it's country?
+ It's not classical money, just buy it & wait a few years.


If they are into tech you have a better shot at getting them excited in it.   I suggest talking about it, and showing how it can be a investment.

I was able to share with a family member.  Went great fun to talk to family about bitcoins.  I shared it when it was low 200's.... so profit!  You will find if the people you share with make some profit they will like it even more.   

Hard part is getting them to keep it long term.  But try to show how its very early for digital currency and the potential of long term holding.  If you can get them to hold long term you have done a good job sharing bitcoin.
7628  Other / Beginners & Help / Re: best way for earning bitcoins on: July 28, 2015, 09:59:46 PM
well wha happened to you did you resigned i guess no maybe a ban from signature? to omany posts always atract bad eyes lol

he got a negative from badbear so he can't enroll on any high paying signature campaign. I think he got a negative feedback just after he got paid tho.

he wasn't payed because apparently he is an alt of a scammer, it was a suspect user from the beginning, he apperead from no where and start spamming a lot, probably an alt made many months ago to be used now or in the case of a ban

i think there are many that are doing so with signature campaign , since it's the best earning

I honestly hate the selling of accounts.   That account joined a high paying signature campaign, and did a LOT of posts.  I'm not sure if anyone else looked at his but the quantity was quite large.  I'm not sure the quality was there on all of them.

BadBear though with that feedback would have fixed it as no sig campaign will want him now.  Also he has not signed in for a day so I wonder if he got a temp ban for it.

But he earned less than a hero account is worth, so he is at loss anyway.

And if he got caught this time, chances are he will be caught again when he comes back, probably before he can even ROI
i dont know but there is a lot interest in bitx signature because spammers wanna join it ,make unlimited posts can be good but ,no one will make 1btc weekly without get banned or being invited to left those signature.. anyway if were a bought account well sure turned into a bad investment.I really hope people stop trying to sell accounts ,like  looks like user tryed take advantage and well gone.

It's not a good investment.  Most will get caught it's as simple as that.  Right now there is a limit on Bit-X posts this happened after last group was taken in.   And is currently closed on new people.

It has been a great campaign that paid well so it got lots of attention.   Sadly that converted into a few bad posters.   But between campaign managers and admins it's settled down now.   

People that tell you to buy an account and join a sig campaign are not telling people the downsides.   Right off if you post low quality posts you will get a temp ban after a certain amount is noticed.   If that was an alt you bought to do signature campaigns... you think ok I will use regular account.   Well that is ban evasion so regular account, bought account for sig campaign, any other alts, future accounts will be perm banned for ban evasion.

So end of story don't buy account for sig campaign.  Raise an account and join campaigns you can at your level, and do good quality posts.  And if you buy one an account a lot can go wrong.
7629  Other / Beginners & Help / Re: Tips for building succesfull bitcoin startups on: July 28, 2015, 09:51:24 PM
Page isn't loading for me. I wanted to read it Sad

Loads fine for me.  I take no credit for the following it is from website posting for you so you can read.



The Bitcoin ecosystem is one of the largest growing communities in the world economy right now. Many have joined and plenty more are waiting in line to start their Bitcoin startups. That is why we are discussing some of the most fundamental steps when establishing a cryptocurrency-related business.

The advice below has been shared by various experts around the industry who have tasted success thanks to their own ventures and are now helping those interested in investing in the Bitcoin universe.
Know your market

CEO of BTC.sx, Joe Lee.Before entering the Bitcoin industry, one of the most important things that one should do is to understand the market and know whether their products will have demand or not. They should also be able to establish whether this growth will be sustainable. This calls for proper and thorough market research so as to understand it and the dynamics associated with it.

    CEO of BTC.sx, Joe Lee.

Comply with all regulation

CEO of Ribbit.me, Gregory SimonThis is one area that many startups choose to ignore, but not even the cryptocurrency ecosystem can escape from government regulations and business policies. Being compliant will protect not only your business, but also your clients from any government clampdowns. Furthermore, compliance will win you the trust of more and more clients and in the process your business will grow further.

    CEO of Ribbit.me, Gregory Simon.

Avoid using crowd sales

Despite their popularity as a way of raising funds for startups, market gurus warn against relying on them. This is because their varying terms of sale may lead to problems with the authorities and losses among investors. It is only advisable to make use of them if the crowd sale is being used to market a product that is represented by the token, rather than equity.

    CEO of BnkToTheFuture.com, Simon Dixon

Decentralize your company


CEO of Bitnation, Susanne TarkowskiOne of the reasons why traditional financial institutions such as banks fear Bitcoin is due to its decentralized features. This is because decentralizing all aspects of your company is one of the most effective ways of not only increasing its security, but also its flexibility, turning your business into a big competitor. Doing this will eliminate the great danger that is posed when you store all your data and managing all operations from one place. It will therefore attract you more tech-savvy and security-conscious clients who understand the importance of decentralization.

    CEO of Bitnation, Susanne Tarkowski

Beware of hackers

CEO of, Bitrefill, Sergej KotliarOne of the worst mistakes that the owners of a startup can do is underestimating the threat that hackers pose. Blockchain.info learnt this lesson the hard way last year when, luckily, a white hat hacker compromised their systems and stole 250 BTC. It is therefore important to adopt security strategies that will protect your company from these virtual criminals like hiring hackers to perform tests (such as trying to access your system and searching for weaknesses). Another effective way is shielding your startup from attack in the first place by making sure all your Bitcoins and important data are stored offline.

    CEO of, Bitrefill, Sergej Kotliar

Diversify your business


Founder of Toast, Aaron SiwokuA common narrative is that, in spite of its current success, Bitcoin may not be reliable in the long run. This is because there are other cryptocurrencies that may grow and take over the fintech space. There are plenty of reasons to build a diverse business model, which will allow you to evolve according to the changing landscape. One is the possibility of Bitcoin losing favour among users and therefore losing value. In addition to this, there is a high likelihood that, in the future, industry-specific cryptocurrencies may significantly eat into the Bitcoin market share, especially among millennials.

    Founder of Toast, Aaron Siwoku

Enjoy Smiley
7630  Bitcoin / Hardware / Re: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH on: July 28, 2015, 09:48:25 PM
Talk about signature campaign spam and necro posting ....

If any rig is twice as fast as another, not only that, but uses half the energy to deliver that hash rate compared to the other, then it is as clear as daylight that it has to be, arguably, twice as expensive, if not more.

EDIT: And no, I refuse to feed the troll.

If they were released at the same time... then yes it would be true.  It was mentioned "Very last S3+ (brand new) they were selling for around 200USD" so it's been quite a while since there were brand new S3+.  So I'm assuming were talking about two different points in time.

I could be wrong but I don't think S3+ and S5 were selling at same time.  So variables such as difficulty among other things is a factor.  (Not sure on S3++ it might have been selling at same time as S5).

7631  Bitcoin / Mining speculation / Re: July 25th to Aug 8th diff thread (temp) on: July 28, 2015, 09:44:11 PM
Crap... biodom took my pick Tongue

Um... guess I'll go with 0.76 to 1.00

Philipma1957  -1.01 to -1.25
jonnybravo0311 +0.76 to +1.00
HerbPean  +1,26 to +1,50
kenscho  +1.51% to +1.75
Biodom +1.76 to +2.00
mavericklm +2.01 to + 2.25
tss +2.26 to + 2.50
Amph +2.50 to +2.75
Mikestang  +2.76 to +3.00
zebedee +3.01 to +3.25%
tertius993 +3.26 to +3.50
notlist3d + 3.76 to + 4.00
Kexkey +4.01 to +4.25


Done!
7632  Bitcoin / Hardware / Re: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH on: July 28, 2015, 09:26:30 PM
It could pad the margins, though.
margins? Very last S3+ (brand new) they were selling for around 200USD and S5s is much cheaper in production

yes but the s5 is twice as fast and uses half the power.. so that means its worth twice as much. :/

I don't know if I go with the logic on this. It also depends on hashrate of network when you get the product.

Twice as fast with more energy savings does not always equal worth twice as much.  There are a LOT of variables.
7633  Other / Beginners & Help / Re: I want bitcoins. on: July 28, 2015, 08:59:57 PM
I think buying is best way than gambling and miner

you can buy when the price falling down then you sell it when you think the profit was enough

but if you feel you lucky enough you can try gambling, you can multiply your btc easily also you can lose it easily

Yea but buying is not really easy for anyone, with all the KYC verification process + the huge fees, its just easier to earn it with labour.

KYC verification takes once on a exchange to do.  It's very very easy.  I opened a checking account just for BTC.   

After your set up normally in day's.  Its so easy to buy/sell BTC.  Its great besides those who want to remain secret.  They will continue to use localbitcoin.  But honest get verified its very much worth it on a good exchange.
7634  Bitcoin / Mining speculation / Re: July 25th to Aug 8th diff thread (temp) on: July 28, 2015, 08:56:29 PM
+2.26 to + 2.50

Done!

Philipma1957  -1.01 to -1.25
HerbPean  +1,26 to +1,50
kenscho  +1.51% to +1.75
Biodom +1.76 to +2.00
mavericklm +2.01 to + 2.25
tss +2.26 to + 2.50
Amph +2.50 to +2.75
Mikestang  +2.76 to +3.00
zebedee +3.01 to +3.25%
tertius993 +3.26 to +3.50
notlist3d + 3.76 to + 4.00
Kexkey +4.01 to +4.25

For those watching bitwisdom:

Bitcoin Difficulty:    52,278,304,846
Estimated Next Difficulty:    54,163,709,325 (+3.61%)
Adjust time:    After 1539 Blocks, About 10.4 days
Hashrate(?):    378,096,184 GH/s

Price on coinbase is around 297 .
7635  Economy / Speculation / Re: MS missed web, Google missed social, FB missed mobile. Who will miss Bitcoin ? on: July 28, 2015, 08:54:03 PM

It will be a while before I sell BTC though paypal.  Just a lot of risk it seems as seller. Sadly paypal is always been buyer protection.

Sellers don't have near the protection.   The day I can sell BTC from paypal and not worry about chargebacks would be big. I think we are far from it though sadly.
7636  Economy / Speculation / Re: Direction is NNE (north northeast) - MOON TIME on: July 28, 2015, 08:49:44 PM
...  an if we check BBANDS on 1w, we can see that 302 USD breaks top line... MOON.

Were approaching 300, around 297 on coinbase.   I'm hoping we can break 300 and not go under.

I think there are a lot of auto-sells and walls that make 300 hard.  But hopefully we can break it and stay above 300 for a bit.
7637  Economy / Speculation / Re: The coming chinese mining boom on: July 28, 2015, 08:47:54 PM
Good call from OP, and first reply. These old threads have some gems.

First reply called it perfectly.  GPU mining lol.

The biggest gem is it was a heck of a speculation on moving to China.  Cheap power has turned some regions into powerhouses of mining.

Most don't mess with GPU these days.  But some of these big data centers are doing great with Asics.
7638  Economy / Digital goods / Re: Selling amazon AWS Credit $100 for $1 (99% off!) on: July 28, 2015, 07:43:52 PM
PM sent with question about this.
7639  Other / Beginners & Help / Re: the best site on: July 28, 2015, 07:36:03 PM
hi

what is the best site to start mining for a beginner?

is there a site which give you bonus to start mining?

thank you  Smiley

Best place to start is electricity.  What is the price of your electricity?

Also what country are you in?   Do you pay vat/import tax?
7640  Bitcoin / Mining / Re: Legality of Mining Bitcoins on: July 28, 2015, 07:28:33 PM
There is nothing illegal about mining Bitcoins.

From an accounting perspective, you owe capital goods tax for the daily average value of mined Bitcoin on the date it hits your wallet.

Every quarter, I need to send off my mining income BTC details to our accountant so we can get even with Uncle Sam.

Agreed owning Bitcoins I consider a good thing.   The ones that are getting in trouble are exchanges.  If your a business and a exchange you better have all papers in order in US, and follow KYC rules.

So if in exchange yes lots of legislation.  Owner of BTC not so much.  Either way I keep a log of my expenses for mining.
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