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They don't accept Bitcoin?! That t-shirt is wrong on so many levels...
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Well, in Canada, you can buy 1 can, which I guess is 350mL (I don't have any cans on hand at all), with $1. At least it doesn't cost more due to the CDN/USD exchange rate, but I feel bad we can't buy more cans like other countries can.
Maybe up in Attawapiskat! I've seen a 12-pack of coke for for $20 CAD! I just showed above where you can get 6X710ml bottles for $2.49 CAD which is just under $2 USD so given that 1X710 ml bottle is worth 2 cans, you can get 6 cans for $1 USD!! You need to shop around. At Costco you can get a cold 500 ml bottle out of a machine for $1 CAD. |
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There is a difference between transparent and incompetent.
Eurumara is pointing out inconsistencies.
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It doesn't seem to be submitting any shares. What do you type into the command line to start it?
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You can't use the X11 algo. What program are you using? Are you seeing any messages?
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One Whole Bitcoin! Saving the world from bad money One Bitcoin at a time.
This is a crowd fund campaign with a target of 51 T-shirts...so they're going for a good price.  https://teespring.com/OneWholeBitcoin. You're gonna get sued for one whole bitcoin times a lot. Hope you got written permission. They look nice though. |
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That guy has a maniacal laugh. Hard to believe he didn't know about the ratio before making the video. Mike Maloney wants you to buy gold and silver.
Let me turn this around:
In 2013 the average American debt was $225,000
59% of Americans had less than $500 in the bank!
That's a ratio of 0.00222!!! LOL BWAhahahahahahahaHAHAha LOL!! (I'm not really laughing)
In 1933 the gov't of the USA criminalized possession of monetary gold by Executive Order #6102 all citizens had to turn it in to the Federal Reserve for $20.68 per ounce or face penalties of up to $10,000 in fines, 10 years in prison or both under the "Trading with the Enemies Act of 1917". LOL BWAhahahahahahahaHAHAha LOL!! (I might be laughing)
Don't waste your time on the video.
Sure Mike Maloney is a businessman in first place!And therefore he wants to make money. But that doesn't mean the points he talks about in the video are wrong. In our space are also people who try to show the people out there how rigged our markets are and how broken the financial system is.And what they name as a way out is Bitcoin!Or other cryptos!Nothing wrong about that as long as the stick with the truth! Oh sure not everything is wrong but the precious metals market is equally rigged from bank intervention to overzealous selling of options. It's just as much of a sham as Mike would have you believe the fractional reserve system is. (insert maniacal laugh here)  |
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I can buy a lot for a Canadian dollar and more for USD but usually I get screwed on the exchange rate if I have to convert to USD and then back to CAD to spend it so I rarely if ever do that. Also I usually drink Coke Zero but I don't know that is exists yet everywhere. FYI - This is the equivalent of 12 cans (355ml each).  |
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1.2 l of coke costs $1.1 here in India. Is it cheap or expensive?
Edit : found its cheap here.
We don't even have a 1.2 l bottle or can here. Hard to compare. Can you buy for less money if you buy a case of bottles? |
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how many coke cans you can buy with one dollar in your country?
I want to know the buying power for the dollar in different countries.
In Egypt, one can buy 3 cans (350ml) of coke for one dollar approximately
Don't you use the Egyptian Pound as currency? What are you asking exactly? Is it how much can we buy with an American dollar or one of our own currency units? One dollar is obviously one dollar not any other currency. And if we would use 1 unit of our local currency we couldn't compare the results with each other either. In my country I can't get even 1 can with 1 dollar. 1 can of coke in my country costs 1,35$  Might be obvious to you but many countries use the dollar as a unit of currency. Nigeria for example uses the dollar, Australia uses the dollar, Canada uses the dollar... not the same as a US dollar I still need clarification. |
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how many coke cans you can buy with one dollar in your country?
I want to know the buying power for the dollar in different countries.
In Egypt, one can buy 3 cans (350ml) of coke for one dollar approximately
Don't you use the Egyptian Pound as currency? What are you asking exactly? Is it how much can we buy with an American dollar or one of our own currency units? |
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That guy has a maniacal laugh. Hard to believe he didn't know about the ratio before making the video. Mike Maloney wants you to buy gold and silver.
Let me turn this around:
In 2013 the average American debt was $225,000
59% of Americans had less than $500 in the bank!
That's a ratio of 0.00222!!! LOL BWAhahahahahahahaHAHAha LOL!! (I'm not really laughing)
In 1933 the gov't of the USA criminalized possession of monetary gold by Executive Order #6102 all citizens had to turn it in to the Federal Reserve for $20.68 per ounce or face penalties of up to $10,000 in fines, 10 years in prison or both under the "Trading with the Enemies Act of 1917". LOL BWAhahahahahahahaHAHAha LOL!! (I might be laughing)
Don't waste your time on the video.
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I made the following assumptions.
1) you want to know how much ice we could melt with the energy required to create 100 BTC
2) you would accept an average value since Bitcoin generation is probabilistic
3) we would assume the latest available technology for energy requirements
4) the ice we are melting begins at STP (standard temperature and pressure)
one block = 25 BTC
100 BTC = 4 blocks
average number of hashes to solve a block = difficulty * 232
average number of hashes to solve four blocks = 4 * difficulty * 232
Antminer S7 requires 1210 W to generate 4.86 Thashes/s OR
1210 J/s
--------
4.86X1012 h/s
= 2.4897119341563786008230452674897 X 10-10 Joules per hash
current Bitcoin difficulty is 178678307672
average number of hashes to solve four blocks = 4 * 178678307672 * 232
average number of hashes to solve four blocks = 3069669951823463579648
average energy required to create 100 BTC = 3069669951823463579648 hashes X 2.4897119341563786008230452674897 X 10-10 Joules per hash
average energy required to create 100 BTC = 764259391297.6113027518683127572 Joules
Given Heat of Fusion of H2O => Hf = 334 J /g
q = m Hf
from the average energy required to generate 100 BTC know that q = 764259391297.6113027518683127572
rearranging the HF equation to solve for mass we get
m = q / Hf
m = 764259391297.6113027518683127572 Joules / 334 Joules/gram
m = 2288201770.3521296489576895591533 grams
m = 2288.201770352129 Tonnes
Therefore generation of 100 Bitcoins with sufficient Antminer S7(s) at current difficulty would melt approx. 2288 Tonnes of ice at 0 degrees C.
(edit)
send winnings here please: 1CEMANWWw2iYzwkWJTKqA7WWMGB3iQ4KAa
(edit)
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Did you just buy this account? You should know better than to post this shit without an NSFW tag.
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i did read and it is running as we speak
The problem is that its unrealistic to double any amount of bitcoin within 3 days. I have invested in dice sites and saw a return of roughly 0.3% per month. Thats not going to double you any coins in 3 days. You can go 10x kelly to increase the profit, but this also increases your risk. This is esp. true if you have no offsite funds to cover the lost investments. One Nakowa and you are in the negative. In this case, you is the "investor" and not the OP. He wants to "invest" other people's money in his fantasy. |
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Hold on Vod. He said he was paying the interest monthly so in this case there is no compounding involved.
He writes in post #1 that you can take your interest from month one and reinvest it. That is compound interest. Interest earned is now gaining it's own interest. at first month you receive $ 20 interest and you decide to re invest.
so we count as new investment and will be like this :
investment #1 = $ 400 and 11 month remaining.
investment #2 = $ 20 and 12 month remaining.
Thanks for the heads up. I don't think that was written in the initial post. Looks like OP is trying to incorporate the concerns as they are mentioned. |
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well, thank you for the negatif trust,
but you can see, i never offer 180 % annualy
for monthly there is only 160 % plus principal or for weekly 165 % plus principal annualy.
You can't even do your own math correctly.  5% monthly is 1.05 to the power of 12 months 1.05 ^ 12 = 179.59% interest. What? You just took 1.05 and multiplied by 12? You don't even understand how compound interest works... yet you offer it... Hold on Vod. He said he was paying the interest monthly so in this case there is no compounding involved. |
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thanks for the not very helpful response
anyone else?
You'll have to PM me, I've unwatched this thread. You didn't even read what I wrote did you? You're just wasting day one of your first 3 day doubling period. If I had a legitimate doubler I woudn't be here typing about it. |
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If it was safe to assume bitcoin would rise 5% a month, which is someone like 80% after 12 periods like you mentioned, you would hear about Bitcoin everywhere.
It's all risk related and you can find the same type of returns elsewhere which just as much or even more predictability.
I'm also not sure it's fair to compare Bitcoin to an asset that's suppose to perform over 10-30 years.
Did somebody say "Bitcoins"?! I'm hearing that word everywhere! OP did not compare Bitcoin to an asset that's supposed to perform over 10-30 years. In fact he said:
For the past 3 months, if not more, Bitcoin has increased at a steady pace of 5% a month without huge swings one way or another.
That's almost doubling in value each year. Most banks don't even give 5% interest in a year anymore. (They might have, at some put in the 90s or so, but not today).
A lot of people seem disappointed Bitcoin is so slow and stagnant right now, but seriously, how many assets can claim a consistent 5% per month increase?
Of course at some point the pattern will break, but you know, it's not a slow growth at all.
Although considering the amount of people that use Bitcoin right now compared to how many people might use it in the near future, the price will likely get some explosive growth just to keep up with demand, but that's not really the point.
Seems like a pretty fair assessment of the last three months and a believable outcome over the rest of the year even if slightly speculative. |
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LoL
Why don't you just run it for 6 days?
What are you going to call this Fantasy Doubler? I have a few ideas: you can call it The Swindler! No wait... The Pittsburg Steeler! Or maybe even The Defalcator? No, most people wouldn't understand that word. What about The Scammer? Too obvious, huh?
I suggest you use this doubler of yours with your own money. Then you can come back and show us the money and we'll believe for sure. With a 3 day doubling period, you should be able to make a million times your initial investment in 2 months. Just record video of your fantasy doubler in action (time lapse of course) and we can all see how well it works. Then you'll be on your way to legitimacy. I'm so sure that I wont miss out on anything that I'm going to unwatch this thread in 3... 2... 1...
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