Honestly - who is going to expect any replies of a negative nature from a "paid sponsor/endorser" ??
No rational person would expect anything of the sort, excepting softball fluff. Are the expenses for this trip being paid for out of the monies paid by Hashfast, or are they paid by Hashfast directly? Nope, paid by me. Thanks for bumping the thread. |
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Maybe he is Sam or Andreas.
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Cointerra is 2 months behind HF.
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1st impression.
These guys are working their asses off. Simon and Amy still in the office @ 7:30 pm.
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i'm in san jose at my hotel. looking forward to going into HashFast tomorrow.
already tucked all current questions into my phone and sent them off via email to John and Eduardo. hopefully i'll get the answers to all of them tomorrow.
now's the time to put up any others. let me know.
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you guys have to remember that Simon is convinced that the Golden Nonce 1 will easily go over 500GH/s. it's just that the responsible thing to do is talk about nominal rates of 400GH/s.
he wants to avoid creating hype and over promises.
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ok, i just got off the phone with Skrodenis.
he linked me to the order queue which needs to have a couple of big orders added to it. so at least it does exist and he "promises" me it will be released sometime today.
remember, i'm just a link, not "part" of the company. i can only shake the trees and i've been doing alot of it recently.
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I ordered and did NOT get email confirmation upon payment network confirmation as promised.
I didn't either for awhile, they may have to go through your order manually like they did mine I ordered and paid 9 days ago and haven't received a confirmation yet. 5 days in I emailed to ask and they said they received payment and would send order confirmation in a "few" days. i've been told just now that they got a hold of you. are you good? |
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i'll be in the office tomorrow.
i'm going to try and get as many answers as i can.
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guys, i'm trying to get them to answer your questions.
try to give them a little bit more time. they are focused on the fact that tapeout is supposed to occur any day now.
you guys do deserve better.
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D&T,
you're absolutely right. crumbs on ignore. i'm glad to join everyone else.
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once again, i disagree with what troll crumbs has to say.
by using BTC-only tx's, HF is encouraging/facilitating the use of BTC, and by doing so helping the Bitcoin economy.
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crumbs, let us not forget your original supposition.
you said that b/c HF was using BTC-only tx's, this was BAD for the Bitcoin economy.
this is wrong.
stay on track please.
No. Now you're simply lying. You said that HashFast was helping the bitcoin economy by only allowing bitcoin transactions. I said that it was not. Don't make me dig through the thread & pull the quote. Try to be honest in cases where your lying will be *immediately exposed.* I mean *minutes.* who's lying? who put in big bold lettering somewhere above " Bad Thing"? Oh, please try harder  ...
the only counterpoint i'd make is that HF, by only accepting BTC, has demonstrated a restraint to NOT bring in as much money via pre-orders as the other companies seem not to be able to resist by using cc/pp. they also do want to help the BTC economy by doing it this way. it allows BTC to circulate and change hands to buy real products, not just Alpaca socks.
...
This argument is absurd on its face. The BTC will be immediately cashed out to fiat, to pay for expenses, development & production. If that's "circulation," simply cash out your BTC to credit card yourself, then pay with your credit card. It makes no difference to the bitcoin economy who cashes out bitcoins, you or HashFast. Cypherdoc, if you're going to spin, step up your game. Do you want me to go through the thread & put some context on the quote you've pulled out?  EDIT: Full quote that you stripped from content:More BTC on the order books *needing to be sold* is a bad thing, Cypherdoc. Learn how to lying It is a good thing. Greater distribution of coins from the holders that traded their coins for miners. At this point i'm simply waiting for an apology from Cypherdoc for lying without learning some skilz first.  lol! just b/c you say something doesn't make it true crumbs. i may have to put you on ignore too. |
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Yes, but why wouldn't you offer the facility for those that are entitled that kind of protection?
first of all, let's not forget it's them not me. as a form of self protection from refund volatility. yes, it comes at the expense of some buyer protection. but they've tried to make up for it at the backend with the full refund policy and the MPP. my guess is that they also only want true believers in what they're doing. |
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crumbs, let us not forget your original supposition.
you said that b/c HF was using BTC-only tx's, this was BAD for the Bitcoin economy.
this is wrong.
stay on track please.
No. Now you're simply lying. You said that HashFast was helping the bitcoin economy by only allowing bitcoin transactions. I said that it was not. Don't make me dig through the thread & pull the quote. Try to be honest in cases where your lying will be *immediately exposed.* I mean *minutes.* who's lying? who put in big bold lettering somewhere above " Bad Thing"? |
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crumbs, let us not forget your original supposition.
you said that b/c HF was using BTC-only tx's, this was BAD for the Bitcoin economy.
this is wrong.
stay on track please.
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When your hoarded coins in cold storage are spent for a miner, either by paying HF for them to sell, or selling your coins directly on an exchange, you increase velocity, eventually. Your coins get sold to someone, they'll sooner or later do something with them.
There's no reason to think they'll be any more likely to do anything with them then you. Anyway, I don't really see why velocity is supposed to be a good thing for bitcoin. The lower the velocity, the higher the price. From a Keynesian perspective, high monetary velocity is good because more velocity means more economic activity. And of course high inflation means high velocity because people want to get rid of their money as quickly as possible instead of hoarding it. But on the other hand, if you want the price of bitcoin to go up, then you want to hoard it, and restrict supply. Bitcoin is many things. hence the conundrum to authorities. i'm a big defender of hoarding b/c i do some of that myself. but pure hoarding by everyone won't work out so well. the best outcome for BTC to rise in price is if it also utilized by an active economy and grows to the point of increasing tx's. how else can miners, like you, be incentivized to mine in light of the block reward eventually being eliminated? |
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this brings up an interesting point that applies to all of these companies.
you seem to have been arguing from the beginning that cc/pp are acting as some sort of insurance company that will take responsibility for providing FULL refunds if KNC scams everyone and takes off with their money. nothing is further from the truth. if KNC is able to get away with everyone's money and removes it from their bank accounts, the cc/pp companies have nowhere to go to retrieve those monies.
you'll be left with a loss.
That isn't even remotely true. Credit card debt is a LOAN. You don't actually lose anything until you pay down your card debt, and you're not contractually obligated to pay that debt if you didn't get what you paid for, within a certain time frame. The bank loses the money, not you. Insurance is exactly what it is. many moving parts here. i happen to pay off my cc right when i incur the "debt" so i look at this differently than you do. as for what Bitcoinorama posted earlier, that coverage will be limited and will vary depend on where you are. in a worst case scenario where a company absconds with your money and the cc/pp has no avenue to recover said money, you will take a loss. |
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