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8401  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: December 19, 2014, 04:10:41 AM
Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?
if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.
as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.
$200 i thought someone else posted as long as it dont drop below $132 at current difficulty should be be making profint on miners we are using / buying i may be wrong but i am sure that is what was said  Huh

 I'm not sure if this is what you're thinking of but I had posted this yesterday:

So if Bitcoin keeps tanking and we end up around $100 per coin how long can you keep this setup mining? Is there any provisions about that sort of thing? Obviously you guys would be running at a pretty large loss if that were to happen?

 If Bitcoin hits $100 then the contract would already have terminated as the reward would be less than the maintenance fee of .01551 Bitcoins per TH/s at the current difficulty.
Then again, if difficulty were to go below 32,425,157,336 due to unprofitable miners coming offline then AMHash would continue to operate as the reward would be higher than the maintenance fee once again.

The only provision is that we have 10 days for the Bitcoin value to recover or the difficulty to drop sufficiently to bring us back into profitability.  The problem with 10 days with respect to difficulty is the fact tat the difficulty retarget is 14 days (at least) and possibly longer when the difficulty is going to decrease.  I would hope that if that were the case, AMHash would extend the grace period slightly beyond the 10 days but... they don't have to per the contract they laid out.



 but we could survive a Bitcoin value down to $122 at the current difficulty until the contract began it's rollup.


8402  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: December 17, 2014, 02:18:06 PM
So if Bitcoin keeps tanking and we end up around $100 per coin how long can you keep this setup mining? Is there any provisions about that sort of thing? Obviously you guys would be running at a pretty large loss if that were to happen?

 If Bitcoin hits $100 then the contract would already have terminated as the reward would be less than the maintenance fee of .01551 Bitcoins per TH/s at the current difficulty.
Then again, if difficulty were to go below 32,425,157,336 due to unprofitable miners coming offline then AMHash would continue to operate as the reward would be higher than the maintenance fee once again.

The only provision is that we have 10 days for the Bitcoin value to recover or the difficulty to drop sufficiently to bring us back into profitability.  The problem with 10 days with respect to difficulty is the fact tat the difficulty retarget is 14 days (at least) and possibly longer when the difficulty is going to decrease.  I would hope that if that were the case, AMHash would extend the grace period slightly beyond the 10 days but... they don't have to per the contract they laid out.

8403  Economy / Service Discussion / Re: Is this some kind of a scam ? on: December 17, 2014, 03:36:08 AM
Done.

excellent Wink
8404  Economy / Currency exchange / Re: [WTB] 1 BTC with cash on: December 17, 2014, 03:34:47 AM
Western Union / Moneygram and the likes is what you need.




Or a cash deposit, which is feeless. I can take care of you if you're in the US. PM me if you're interested, OP.


If you're in The Netherlands, then we can arrange it in person.

Thanks!

I sold Ukash and I'm done for now.

How fast is a WU or Moneygram transaction? Is it anonymous or ID is requested?


ID is usually required.

 Didn't realize I was in the cloak 'n dagger thread Wink
It's so much faster than using an exchange though... it takes 3-5 days for me to get coins with virtex!
8405  Economy / Service Discussion / Re: Is this some kind of a scam ? on: December 17, 2014, 02:04:13 AM
Got this email

Quote
BTC-E <no_reply@btc-e.com>
1:55 PM (7 hours ago)

to me
Hello,

You received Deposit [BTC-E CODE]:

To Received The Code transaction, go to:
http://xxx/download/download.php?xxxxxxxxxxxx7e4c06b7818d13466dxxxxxx

Regards,
Administration of BTC-E.COM

Changed that code with the x´s.

What to do with this if anything ?

 It's a file called: [5019-169396]-[Bitcoin -wallet-Balance].zip
which contains a Trojan payload.  If you were to run the file, someone else would have access to your computer and you would in all likelihood lose any cryptocurrency currently in your possession.

You should

1) delete the e-mail and
2) immediately edit your post to remove that link as anyone in this forum clicking on it will download the trojan.  You are proliferating that malware by posting a link to it.

Anyone else who quoted the link should also edit it from their post.

8406  Economy / Currency exchange / Re: [WTB] 1 BTC with cash on: December 17, 2014, 01:47:43 AM
Western Union / Moneygram and the likes is what you need.




Or a cash deposit, which is feeless. I can take care of you if you're in the US. PM me if you're interested, OP.


If you're in The Netherlands, then we can arrange it in person.

Thanks!

I sold Ukash and I'm done for now.

How fast is a WU or Moneygram transaction? Is it anonymous or ID is requested?


 MoneyGram is immediate.  I was told by the cashier to give it ten minutes.

8407  Economy / Services / Re: Signature campaign: earn 10TH worth of cloudy mining and 0.1 BTC bonus on: December 16, 2014, 12:57:05 PM
I'm in too but I would like to receive my 10TH in the form of KNC bonus Neptunes if possible.
8408  Economy / Service Discussion / Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ on: December 15, 2014, 06:42:45 AM
Has anyone done business with KnightsofTheSatoshi cloud mining?
The thread isn't very active:

https://bitcointalk.org/index.php?topic=552480.0
8409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: December 14, 2014, 02:43:25 PM
I mined a bit before the airdrop (allegedly) started but it didn't last long since diff skyrocketed.  It seemed like such a noble cause and I got caught up in that.  It is so sad to see yet another duping of trusting souls in the Bitcoin/cryptocoin world.  I don't know if this behaviour is just status quo for all businesses or if it is unique to the crypto-world but it sucks!  Anyway, I wrote up a news release in authentic Auroracoin addies:

AURoRAdNhBbDavqRY2XS2h3h1b6NfWT8EW
ALERT34TSZvjU76yssuzHG8WCHgCkDeS7S
ALiar2zLbPYW5GVwGcXV1H9b4FfJstzXSz
AThief1mXHE3Jb4NGnHJWB46rBay7eDMyq
ANDxz4EJ71fprB4jZuiASiBRDyTS99eRv5
ALLEGEDg5ZUmx4pWsvCUWnrGNxJsQR88Ff
ASsHoLEcaeZkRMyFydnqCEnjmDK9zysCKR
Abuses8ZmjEbx7DaVtqoyfeuUM3R3zgjsx
ALTcoiNrUzGqaYUV7zA7JLyFetd995MhqM
ANDthen9Tc1CSVLCt6ed8GmJyy6UWf42FZ
AbscondS8p16Khotcui2oyynBwjsxPXUXi

Absence13HvF3yFFfdemdJbcj1wu51Adzn
ARoUSESoaQiwnyERupq7hX3CgCMbCCbCo6
ALoTof5wQNVmoEiZwNhnTKTdeooSH3Q2U4
ANGERoGxCC8FkDqzM78cEZFXFLui7DdpHQ
Accusor2LVVKio1Bx3cMf9j9dbsihataBM
AdvisesjFrXWspD7rPycdFHBrcTkacmXz1
AUDiT438HyX217t4fv6Fdt6vGPrNjeuL9g

 Count me out.


  Auroracoin is not going to help you.  Pay off your debt and buy food and water instead.
8410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AUR] Auroracoin - a cryptocurrency for Iceland on: December 14, 2014, 08:51:22 AM
the two adresses shown above link even to each other:

txid:
26b7626bbbbdcee4d60af6d5521bd4bfc4778c8dc708ea4e151d1baab525bbf0

https://chainz.cryptoid.info/aur/tx.dws?308535.htm


this is it. It's done.

holy cow  Shocked

I think this is hard evidence


Auroracoin busted!


Bump
8411  Bitcoin / Hardware / Re: Block Erupter Prisma Compensation and Buy-back Plan on: December 12, 2014, 08:00:22 PM
Just fired off an e-mail to them about 10 minutes ago.  Lets start the clock.

 They were probably in bed when you sent the e-mail.  It would have been ~midnight.


I thought about that, about an hour after I sent the post.  Well we will see if they do anything on a Weekend or if I get something on their Monday.

 I don't think they work weekends.  It's always pretty quite in here on weekends so I wouldn't expect it.
8412  Bitcoin / Bitcoin Discussion / Re: My jaw is still on the floor. on: December 12, 2014, 07:52:20 PM
Autocorrect mattocorrect. If I can type blockchain then they can as well.



 Well if they were to spell blockchain thusly,  it would be much harder for you to find them but at the same time easier on your jaw.
By the way, I noticed that you can do blockchain but not rocketship Wink  I would offer you a ride but I only have a rocket-ship:
https://soundcloud.com/dragonette/rocket-ship

 You might be onto something.
8413  Bitcoin / Hardware / Re: Block Erupter Prisma Compensation and Buy-back Plan on: December 12, 2014, 07:26:27 PM
Just fired off an e-mail to them about 10 minutes ago.  Lets start the clock.

 They were probably in bed when you sent the e-mail.  It would have been ~midnight.
8414  Bitcoin / Bitcoin Discussion / Re: My jaw is still on the floor. on: December 12, 2014, 05:18:37 AM
So, I am busy right now.  I scanned Nick's post.  I'm glad he is writing again and the material seems pretty clearly written and on point, but which part exactly made your draw drop? 

Would you care to elaborate on the connections you posted?

It is kind of hard to agree or disagree with a bunch of links.


Sure;

Nick posted again today, (praising ethereum once again;) and I was reading and I noticed his use of the term "block chain" instead of "blockchain"

http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html



Most people refer to it as blockchain (one word) as showen here by the Google trends.

http://www.google.com/trends/explore#q=blockchain%2C%20block%20chain&cmpt=q


and then I naturally looked up

http://satoshi.nakamotoinstitute.org/posts/

Satoshi never said blockchain. He calls the ledger block chain.  Shocked


 Autocorrect will do that as well thought and in all probability, autocorrect is not Satoshi Nakamoto either.
A quick demonstration:- block chain - I just typed that as one word but my computer corrected me.
Interesting find though!
8415  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: December 11, 2014, 06:11:14 PM
where is the promised lowered maintenance for amhash3?
I saw the rate is exactly same as amhash1....
wonder why... Huh

This.
Bitcoin Cloud Mining Services

Maintenance fee: only $1.633/DAY/TH
Cut down to $1.551/DAY/TH
8416  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 11, 2014, 04:15:20 PM
If anyone is interested in promoting AMHash, you can use my sig if you want:


 That's an awesome sig!  I will take you up on that offer.  Thanks!
8417  Bitcoin / Hardware / Re: Block Erupter Prisma (>=1.4 T/device, 0.75-0.78 W/G, <1 BTC/T, October Shipping) on: December 11, 2014, 01:12:39 PM
It would be nice to see someone comment on all the recent posts of miners failing, the RMA policies and so on. Besides the Prisma, whilst the competitors have announced unofficially there upcoming products, I am curious to see what will replace the Prisma.

LoL you really expect a reply from AM? They obviously do not care enough to reply to us. I hope when the gen 4 comes out people treat it like Avalon and just ignore it.

+1000

I know I will ignore. AM are a bunch of scum-bags selling GARBAGE!! and yes I mean their "shares" as well. Their chips have always run HOT, remember the USBs. So now they have taken their half-ass engineering and applied it to larger machines, thus the fires. Friedcat is an idiot and iASICMiner is an awful marketer, shipper, and manufacturer.

NEVER AGAIN F@CKCAT, NEVER AGAIN!

 It's never too late to say you're sorry.
8418  Bitcoin / Hardware / Re: Block Erupter Prisma Compensation and Buy-back Plan on: December 11, 2014, 01:10:48 PM
Friedcat always has been the most trustworthy person involved in Bitcoin mining hardware.
We appreciate your honesty and integrity.  Thank you.

8419  Bitcoin / Hardware / Re: Block Erupter Prisma (>=1.4 T/device, 0.75-0.78 W/G, <1 BTC/T, October Shipping) on: December 08, 2014, 04:48:20 PM
That is f^cking awesome!
Go Asicminer!!


U R A POS, hang yourself you shill!

 Wow!  How could I have missed this post? 
Asicminer is one of the best companies in the Bitcoin mining hardware business and I've dealt with many of them.
I get paid nothing for my views and have never been paid anything for my sig.  So I might be a POS but I'm not a shill.  I have a feeling your nature gets in the way of successfully dealing with your RMA.  Why don't you post the e-mails you have written to AM for RMA along with the details of your purchase and I'll try to help you out and direct them to where they should go.   
8420  Bitcoin / Hardware / Re: Block Erupter Tube Sales Information Thread [Round4, Price at <1btc per TH/s] on: December 08, 2014, 04:30:10 PM
^^
responses by shills not needed, you guys make me sick, scum-bags!!! Yes you Homer & hdpuck, this is anything but awesome this is the LEAST they could do to save their sinking ship full of garbage parts. I will save my judgement on how awesome it is until AFTER my comp is calculated.

Label created, email sent, update once I get response/compensation/return of boards.

 I don't get any compensation for my views.  I bought 6 tubes had one bad board and received compensation already.
Maybe you shouldn't have modded your tubes.
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