Do not trust an online wallet to hold your coins safely and securely
But if you must use one to store coins I would also recommend using Blockchain.info and emptying it out after a certain balance is reached

Thanks for the chart I was wondering what the chart looks like normalized for Price Volatility
I assume that as the market price moves upward or downward that the price affects the users and unique transactions that occur in the network
That said more data is always a good thing

Nice although this might work in Bitcoin discussion
I did see a Bitcoin sticker put on top of a newspaper box so putting it beside the ATM is an even better placement
Props to you

Similar sentiment however I do think that consideration needs to be given to the fact that it is a survivor of the ancient coin days
Survived Fenedrix and that other coin that came after it to get to Litecoin
As a scripting algo it still retains its value and its age means it probably will still lurk in one form or another depending on how many people trade and use it after BTC.

That said its possible we will not be looking at coins at all in a few years but at working systems of decentralized exchange (Ethereum lol if it can do all that or Mastercoin the first branch version)

Honestly its still to early to tell what will happen to early crytos

Ok I was going to leave this topic alone but I just started laughing when I saw the Keiser card
This is  a neat idea for some users on the forums to combat with XD

I can see it now
Max Keiser versus Mircea

There were two types of Shares
Series A and Series B
Only one of the two series involves cloudmining I believe I'll need to recheck on that (not sure capacity isn't mining so only series A does it? although the space is still being used I presume either way)
http://www.datatank-mining.com/files/DataTank_Mining_Ops_Prospectus.pdf

"A"

Unit Holders purchase capacity + mining devices.
100% of the income generated is paid out to unit holders. Funds raised via "A"
units are used to build DataTank mining systems and mining hardware, "A" units are therefore more expensive than "B" units below.

"B"

Unit Holders purchase capacity only (no mining hardware). This capacity is made available on the market and used by third party miners (mining organizations, end - users) for appropriate market prices, bidding models, or special franchising agreements with ASIC manufacturers (ie. 80/20 franchising, 20% of mining income goes to holder of "B" units), or used by unit holders for self-mining.

100% of the income generated is paid out to unit holders.

Think its sort of like a mining bond in that the market speculates on it if I interpreted it correctly if we are allowed to analyze the datatank IPO in the AM thread? If so I'll continue we can also try to guess how many chip sales this will generate for AM as well

Voluntary Reinvestment
As 100% of income is paid to unit holders, there is no fixed reinvestment percentage or schedule.
However, DataTank Mining recommends unit holders to reserve 20% of earnings for reinvestment to replace outdated /inefficient mining hardware
and fund additional capacity.

This way, investors are in control over reinvestments individually and decide autonomously if and when reinvestments are being made.
Moreover, DataTank Mining intends to establish a reinvestment program at favorable market rates for existing unit holders.

I guess Bitcoin is made depending on how shareholders interpret the market and when to go all in or do nothing in terms of reinvesting in the company.
The shares appreciate if reinvested growth is greater than the increase in difficulty as they are able to generate more Bitcoins with the hashrate
With a lag time of a few months from decision to working hash in the network allowing the market to freely interpret the price, based on their estimated hash and estimated difficulty increases.

Just a rough idea though feel free to correct me may be totally off.


Cool tell me how it goes

A scam accusation has now been opened against Updownbt for inactivity and non payment
Accusation thread here
https://bitcointalk.org/index.php?topic=656074.0;topicseen

Fair point risk brings reward

My point was that if you assume AM dividends are incoming you could wait and collect those first but you take some risk that Datatanks are produced earlier than schedule and they start mining before their estimate or that they get an aggressive dividend schedule a month or two from today.

On the other hand if you buy Datatank shares the price may go up a lot and its cheaper to get IPO shares than it is to buy later, that said considering Rockxie shares and rockminer also listing on Havelock I am not sure how a third factor will equate into the price calculations.

A possible scenario would be
Asicminer Dividends for 2 months --> Rockminer Dividends for 2 months --> Datatank Dividends for 2 months

With buy ins after the first dividends start to wean down and speculators move onto the next company assuming their distributions will start afterwards.

Same issue happened for me as well
The site was down for a while
I checked with is it down and the network did confirm a down status

Checking the time log it was around 30 minutes was there an unexpected maintenance (didn't see a schedule maintenance warning)
https://bitcointalk.org/index.php?action=unread;start=120

Scratch that solved my question
30 minute warning that explains why

https://bitcointalk.org/index.php?topic=656383.msg7373359#msg7373359

That is a good question
Nice to see a bunch of the Lamassu units sprayed around all of Vancouver though

Ah its a newbie member restriction not really allowed to post links
I'll just cover it for you think it was this one
http://blogs.wsj.com/moneybeat/2014/06/17/bitbeat-bitcoins-and-the-beautiful-game/
Or
http://stream.wsj.com/story/markets/SS-2-5/SS-2-558040/?mod=wsj_streaming_markets

I know what you mean I have gotten a few spam mails from the contact list selling Product X or Product Y
That said I can't see them messing cold storage if their is no balance on the account so to me it is a measure of how they do the transactions
If its just log into FB then spend its a weak system
If it log into FB get email notification to verify transaction and a 24 hour rule before you can change the address you want to send bitcoins to (As a settings option)

Then it could be fairly secure, that said if they know all your transactions and history then the points above are moot lol.
You may have security but not privacy lol.

Unless it was darkcoin or something with a coinjoined client that they can merge transactions into lol.

That is a neat one I wonder if this combined with the problems Boko Haram brought to the country
One can hope for change but I hope that change does happen and captivate the people to do something
Then it will be history and an event that does change the world.
http://en.wikipedia.org/wiki/Chibok_schoolgirl_kidnapping

The same as Steve I see the price going up for a day or two then dropping back down for the auction
Pending the results of the auction and who buys the coins the market could react anywhere from badly to aggressively on the outcome
Anyways still hoping for sub 1000 around 900 by the end of July but that is the optimist side

That's true it takes a set of bravery and willpower to execute a strategy even when people say your foolish for doing so.
The problems with centralized mining due to the development of ASIC's and the slowly decreasing amount of full nodes are issues that Bitcoin will need to face in future and find solutions to.

That said explaining your actions and rationale even if people don't agree is still a good thing to know.

I'll just quote Ghandi on this one
First they ignore you
Then they laugh at you
Then they fight you
Then you win

That is basically what this article is discussing and those businesses will not know what they are missing out on until it gets to big for them to ignore it anymore.

The biggest concern is that someone makes a service so efficient that everyone will flock to it
Gigahash was the closest by far by acting both as an exchange and a location for coins to be mined in addition offering different pool choices besides bitcoin and offering lower fees are a great combination.

That said it brings about the risk of an exchange and security crashing if everyone flocks to the network
A different approach such as Proof Of Stake acts as incentive to avoid a 50% attack but as Bitcoin is just proof of script we will always need to be concerned about a network hitting 51% concentration.

That and the decreasing number of full nodes as ASIC mining becomes centralized and the people who use full nodes to relay the block chain independently and decentralization of nodes starts to decrease.

These are concerns that I think Bitcoin has not addressed well and will need to find solutions to while we still have time to modify and adapt the system...

That or we will need to as a community one day accept a centralized mint in terms of hashrate and a few major nodes run by major mining companies that maintain the network due to the increasing size of the Blockchain and transactions.

I've seen some of those before with ham but those look delicious
Bacon and meat on the grill perhaps even put some cheese and grill it
That or chicken as you used

Thanks for the good idea a good way to make something in the summer while saving a bit of cash
Darn Meat prices won't get in the way when it comes to the grill

Thanks for confirming well the Brazilians are in a good position for now they won't be sweating bullets today
But it would be a giant protest if they got knocked out in this round of the tourny in the World cup
Looking forward to the next set of games

There are two ways to play this

One bet on the chip sales and gamble on the payments then do a switch
Or jump into the Datatank early and assume the price will rise as the dividends approach

Both strategies have a chance of burning so some people may just play it safe and do a 50 50 approach or a ratio more favorable to them.