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I am doing more some little gambling on dice or small games as a classic ponzi. Warning on ponzi is like warning on cigarettes. Addictive and no fun at all.
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I would do gambling which is fun. Where is the fun level in your game ?
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I guess that was here a fun site.  I like more gambling, however. |
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Mining turned out to be a dumb idea. We have about 10 mining pools that control over 75% of the network anyways. You don't need a mining reward, the large owners of bitcoin will protect their interests. Proof of stake without any stake reward is the future.
Building up the blockchain can built value. So good that the bubble is bursting. over the next 5 years the reward will be decreased anyway. |
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The price reduction is good. It spreads out the coins and also forces to think of alternative systems.
Its dawning on the general holders that mining is promoted by a few groups with vested interests.
The problem is that you can't make big transaction with a small capitalization or trade amount. Going down in the price to 140$ would be healthy and a rebound of this bear market. |
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The bitcoin is preparing for the 0.1 W/GH miner machines arriving in the market in some months. Hahaha
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Funny  new ETA Performing payment system upgrade. ETA 16:00 UTC Jan 14 . If some guys didn´t believe it was a scrypt do you believe now? Scrypt miner. Javascript. Examples: I believe he is scrypt mining. This code is written in JavaScript. |
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It is really time just to write this one off, Cloud mining has gone the same way as Hardware Manufactures, down the drain. So it is starting to look like 2015 will be the year that the smaller investor will not be mining. If you want to invest you will need to buy BTC and trade.
There are only 1 or 2 cloud sites left that I trust, the main one is Hash Nest due to be owned by Bit Main, problem is the fee is sitting at around 70% due to the drop in BTC price, to make it worse BTC difficulty looks like a 15% jump.
Hashnest is currently offering 1TH for about 0.36 BTC, or $100 at todays price of BTC, however if BTC does not rise soon they will close down as well as their TOS is very simple, if fees are more then mining revenue then your shares get cancelled after 10 days.
The Year 2015 will bring alot of good things. Knc Cloud is still there ... Spoondelies as well... Hashcoins... Cointerra... maybe Dont worry and yes Bitcoin was a Bubble. If you want to make bigger transactions you need a bigger value as the actual $4 Billion of coins available on the otherside if the revenue stays high it could work as well with $2 Billion. I am not an expert |
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Well he could be acting like a typical engineer... The ones I work with are terrible at budgeting there time. Smart as hell, but suck at everyone thing else. If Chris had intentions to just runoff I understand the dragging it out bit with the support page and all these painful delay updates, but the auction page leaves me a bit confused
The auction could be for users or for him to sell his products, for the best possible price on the market. I guess with that he could gain more profit as with fixed price as he is having this new product in his portofolio planed starting with late January, what i remember. |
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well according to the time he uses for everything (UTC) its still :6:54 PM Tuesday, January 6, 2015. This means he still has 5 hours or so but my hopes are starting to dwindle  Updates always comes at midnight. It could be also a new eta set for the new payment mask. |
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I am sure they are speaking English, regarding to one customer very good. |
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We will see a fall to $135 in BTC but as long the trading volume is up, its not a problem to send large amounts and thats important the the currency itself.
Othercoins will come and will show thats the blockchain of BTC is not a unique factor in BTC. Other blockchains will help BTC to get into mainstream. Just my prediction, I am not Merlin.
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i hope i can try out your set soon  |
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However, want just to mention. I ordered an Apollo. I was out of specifications. Sent it back, received a new one with specific parameters.
Someone wants to test that maybe. For me there were promptly responding, crazy fast. So I am sure, when something not working you can send it back.
Best regards to all miners
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Signed for this week. Lets see if i am getting registered.
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Meanwhile, LTC rate is 2.20 now. One week or so and we wont need the payout. It will worth nothing.
Post-xmas dip. No worries. Very normal with currencies. So do you think the price will recover. Ok. When? Tell your plan. |
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I would spend the half on in at Gamble. I am sure you can make some Satoshis and having fun with that.
I would not invest in any Mining at this time. There are just Ponzis or not profitable mining programms. Yeah dont do cloud mining, go instead for gambling, also like horses or sport bets.
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I do agree that it’s to much work being done if there was a Ponzi there would be no need to keep the charade open, and at some point he was selling physical miners, so for me that makes possible for him to run his own datacenter. I hope there will be a payout today but I do not believe it will happen today my hopes are next Friday. And I give him some slack most people don’t work during the holidays. (Now that I think about it might be the reason it happen, it’s the perfect time to make an attack on the database, knowing that he (Chris won’t have enoch time to fix it, holidays and stuff to do) To make him lose face towards the consumers.  I guess he set up a new server to be non traceable. The work for the new server is to avoid panic and the possibility to sell new hardware. On other side everything could be good again in a week. I agree. |
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