Disagree, its not a good price at all!!
Care to explain your reasoning? |
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On the other hand, what does the OP stand to gain from lying? Sympathy tips?
Possibly. There's been a ton of lies around here that seem to serve no purpose. It's hard to tell. Maybe people are just compulsive liars, lol. |
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While checking my TMDA pending folder, I found a couple of messages from the aforementioned outfit. One had their name in the subject; the other was titled "Bitcoin Master." They purport to have a 30 GH/s miner at (IMHO) an uncompetitive price. Anyone else heard of them? I'm not inclined to give spammers the time of day. Besides, I have a couple of Jalapeņos that should leave BFL today, and some Avalon ASICs from a couple of group buys are a bit further out.
TMDA? And no messages from them so far. |
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Hmm, based on the current dividend rate, it's a 230 or so day ROI (assuming no difficulty increases -- which we already know is false). I'm wondering why people are still buying into this.
Is there something I'm missing? If the dividends are already at 230 day ROI, and are going down every week or two... I don't see it breaking even for a couple years if it does at all.
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I was the first to sign up this time. Go me! :p
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invest in BTC (asic), LTC (gpu) and maybe YAC (cpu).. in my opininon these are the curencies that might explode  YAC doesn't have enough of a community behind it right now I don't think. While it's somewhat innovative, it takes a lot more than that to make the currency valuable. |
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Ouch. I wish I had enough for these. I think that's a great price. Even with the rising difficulty, if it were to double you'd still be looking at 1BTC+ a day. That will likely be another few months I think, and in that time you should have already reached ROI so the rest past that would be pure profit.
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Why is the case just by itself cost $1200.00?
If you run it yourself you will have to research exactly how to connect the boards together. And then properly connect to a computer. It will cost a lot more (in time alone) to design something like that. I'm thinking of having them host the boards instead. The power supply and the fans. Sounds like a real hassle to me. Not some simple little case. Since I haven't done any mining. I'm wondering how much trouble it will be to configure to a mining pool? Get it running for the first time? My power company likes to gouge you if you use too much electricity instead of a linear charge per Kilowatt. In my situation it might be more practical to have them host the boards. The boards will be powered using PCI power connectors like the ones on a regular computer power supply. The boards will have an I2C connection to chain multiple boards together. The boards will connect to a host machine or router with a usb cable. The boards will work with cgminer, so setting it up on a pool should not be a problem. The boards will use 32 watts each, so each board will look like a light bulb to your power company. So even a complete newbie should be able to use/set these up effectively even with the board-only option? |
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Usually you just sell the excess power to the power company and buy it back at night. Storing it in batteries is easy when you're talking about a small electronic device, but it's expensive to scale up to a whole home.
Ahhh, I see. Thanks for this btw! It's pretty recent that I started doing research and wasn't sure where to really start. So if we want to do a grid-tied system getting a professional involved is pretty much a necessity for the wiring and such, right? And do you happen to know what course you'd take to sell power to a power company? |
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Exactly! - Catch 22 situation! .. anyway! - I've been busy working on iTrader to give it more use and v2.0 is here! check out here to see all the updates! * feedback appreciated! Actually - you may not need to release the source to the general public. Why not bring a couple of other developers in and just trust them with the source. I for example would be all about adding a framework for adding multiple exchanges and building an arbitrage mode into the trader. The other thing you could do potentially do is turn this software into a pay over time subscription based online engine. Maybe the risk would seem less if they had to deposit to an account on a server instead of having unknown code running on their personal machine. Granted you'd have a huge overhead in securing the site and associated costs... but it might be one direction to go. This would also open up more income I think, since you would earn every month or whatever. Definitely something to look into if you haven't already. |
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I know I probably shouldn't be asking for this, but I need some money so if you guys could go to bitcoinfaucetlist.blogspot.com and just click a few links that would be nice:).
Clicked on some links, enjoy. Ps: why don't you use coinurl instead of adf.ly Maybe he needs some fiat currency. Thanks! Two reasons. 1) I need to money to buy a camera from Nikon. Nikon doesn't accept Bitcoins (aka, fiat currency as was already said.) 2) I heard some reports about coinurl not paying out, and I didn't want to to take the risk. CoinURL pays out, :p. Can you add the BTC Faucet Rotator/Timer to your list too? Ok, maybe I'll consider switching over to it, but I still need fiat. I'm at least gonna wait until I have the minimum adf.ly payout. I'll add your faucet to the list. Goodluck!
Thanks! Thank you, . I wish you luck on your endeavor too! |
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Invest them into buying into managed mining, it beats the costs of buying and waiting for miners. http://www.Reservebit.com sells plans! Seems legit. "Give us $1000 and we'll give you $4000+ at the end of the month!" Really? |
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I think it's really expensive to power your house from batteries at night. Most houses get power from the grid at night.
Wouldn't the batteries be charged during the day though, to where at night all you're doing is burning up the saved energy, then replenishing it (while at the same time generating power for things) during the day? Yes, but you have to buy the batteries and all the charging equipment. I was under the impression that all of that was required anyways, to account from the over/underusing (so for ex. if you're generating 1 KW/hour and you happen to use 300 W one hour, you'd have 700 stored away so the next hour you could use 1.7KW and still not have issues). |
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What the heck is making everybody think this is going to below $30??? I would say that it's because of the first bubble. It went to $30 and then slowly dropped to $3. Second bubble was $260 so many people think BTC will slowly fall to $20-$30. Case closed I think it's been getting somewhat steady as of late though. It's been big dumpers causing the fluctuations lately hasn't it? Unless you believe the price is artificially being held high. I believe it's the opposite and that it will go up more. We're still at a time where getting BTC by mining is still possible, and we're not even near the BTC cap yet. As we get closer to it, the value should rise because the demand will still be there (and be increasing) but the supply will be decreasing. Perhaps, there are still a heap of people who "invested" with money they actually thought they would "flip" in the huge bull market rise when it skyrocketed up to $260... and now, they are still waiting to sell at $150 or $160 wherever they bought in... but they can only be so long without their invested cash, and soon, they will have to buy food, and clothing for the kids, and maybe their airconditioner needs to be replaced, and end up selling just to recoup their losses...etc... I wonder howmany of those there are still left... you know the type that would NEVER READ bt or any other forum, they just did it because everyone was doing it... and now 2-3 months later, they actually need the money back to go on living "the life", albeit a little bit poorer  That's a very good point as well. With how much has been going on in the crypto community as of late, though, I don't think there's a massive problem with getting new money into the system. I'm seeing people buying all the time still. |
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Why is the case just by itself cost $1200.00?
If you run it yourself you will have to research exactly how to connect the boards together. And then properly connect to a computer. It will cost a lot more (in time alone) to design something like that. I'm thinking of having them host the boards instead. The power supply and the fans. Sounds like a real hassle to me. Not some simple little case. Since I haven't done any mining. I'm wondering how much trouble it will be to configure to a mining pool? Get it running for the first time? My power company likes to gouge you if you use too much electricity instead of a linear charge per Kilowatt. In my situation it might be more practical to have them host the boards. Ahh, I was under the impression it'd basically be just getting the board and hooking it to a normal PSU. The power is an issue here as well, and ours also increases depending on how much is used (because the power company has to buy outside power when overusing). |
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Bitvegas is a scam just like the rest of gambling sites.
Gambling sites are.. scams? How so? |
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I will go for this. I got the signature line. Now I just have to wait for a new round to start on the faucet before I can officially apply  You need not wait, just apply now. The bitcointalk check logic is running right before the IP/Address check logic. It's just that I already added my address in this round. He meant that you can still get credit for it, because it would add your address to the list for the bonus (I think). New round just started so doesn't matter now anyways, :p. |
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Just FYI, the Financial Times is one of the world's leading business news and information organisations. Your grandma might not have heard of it, but anyone with money or influence has, which is why this might be a good thing for Bitcoin (so far I think it's fair to say the FT has been negative on Bitcoin, but it's only a matter of time). http://en.wikipedia.org/wiki/Financial_TimesOh, and The Economist is 50% owned by the FT. Again, how many do you think will "discover" Bitcoin with FT? If they have money and influence, my guess is that they already know what it is. Not necessarily true. While it does have a great chance (especially after being in the news) a lot of people, even after hearing about it, still don't understand what it is or why it matters. |
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Maybe a milk crate? Yeah, that too. I'm just wondering what the benefit is in getting a $1200 case, over just letting the board(s) hang out. |
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I think it's really expensive to power your house from batteries at night. Most houses get power from the grid at night.
Wouldn't the batteries be charged during the day though, to where at night all you're doing is burning up the saved energy, then replenishing it (while at the same time generating power for things) during the day? |
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