Posted in another thread. Timeline will be available as soon as we start taking preorders. And I must say that it will come out at least 3 months earlier
than what most people have estimated. Hope that helps.
Regards,
BF Labs Inc.
Which thread? A quote with no real attribution means nothing. |
|
|
|
I think we need a new survey.
Do you have any particular suggestions? "B is for:" |
|
|
|
|
Ok, dividends are out, with about a minute to spare according to my clock before we roll to 12:00 it just rolled over as I type this. If you didn't get a dividend, it means there was a problem like you don't have a withdrawal address on file (Plan B people). Any errors will be sorted tomorrow, just send me a pm.
|
|
|
|
|
Just got back from Father's day activities. Paid out A, working on B. Had some issues with the scripts so I'm switching to manual. Please bear with me, everyone will get paid ASAP.
|
|
|
|
Regular hardware will not compete given the current and upcoming difficulty
I'm not mentioning any names, but people talk a lot of crap in these forums. You have to take everything with a grain of salt. "Pictures or it didn't happen" is good to always keep in the back of your head. |
|
|
|
|
I think we need a new survey.
|
|
|
|
Gah, I had a buy order for PPT.E that disappeared when the dividend happened, and now the BTC is still listed as unavailable in my account. Does anyone know to fix that without opening a support ticket?
It's a known bug. Nef has to correct it manually. Thanks, I'll have to make a note of it for next week. So, unless I counted wrong the average sale price here was 1.033BTC, which is the lowest it's ever been. At that price, PPT is a steal unless you're positive Pirate won't default. 1.28/1.033 is a 24% 4 week return, even if you buy one of the uninsured Pirate pass through bonds you'd only make 26.7% 4 week return. If you can invest the weekly dividends with no inefficiency, you could increase that to 29.5%. Getting perfect efficiency reinvesting would require placing a buy order between getting the dividends and Goat buying down to 1.02 for TYGRR-P, or purchasing the 100 shares at 1.05 that bitfoo places every week after his dividend. Lowering the bonds being released by half does not instill confidence. We sold 3k just like we always do. The 6k issue was an error. |
|
|
|
1) BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
1. A USB port can deliver 2.5 Watts. 2. This means they are claiming 1,400 MH/J. 3. The current record is under 25 MH/J, so they are claiming a 5600% improvement in power efficiency. Does anybody here believe this? I call bullshit. Perhaps it also plugs into the wall ? Let me bold that for you. |
|
|
|
|
Nothing like paying for a press release on yahoo news before updating your frakking website. What are the expected ship times on those? LOL
|
|
|
|
Switched availability to Plan A. There's a narrow window on this opportunity, so let's make it happen folks!
Thanks to everyone that participated. At this point, I think we're in a good spot. The next phase will be maximizing revenues and returning capital. |
|
|
|
|
Switched availability to Plan A. There's a narrow window on this opportunity, so let's make it happen folks!
|
|
|
|
Your math is off. Starting with 10K BTC and compounding every week that would give you .337M BTC. You're off by an order of magnitude.
Sorry, you are of course correct. But it is an exponential, so let's just change it to 2 years. Running two years from 10k BTC, he would end up with more BTC than currently exist! The yield is something like 3300% annually. Yes, my earlier number was wrong. But even if it was wrong by two orders of magnitude, this would still be ridiculous. What I'm trying to say is: the numbers are so far away from reality, it doesn't even matter. One BTC in four years would yield about 1,290,000 BTC. AND NO, I DID NOT MESS UP THE MATH THIS TIME.Assuming that you don't withdraw the btc at any point. AFAIK, at some point, everyone does a little profit taking. |
|
|
|
I just want to ask, Was it worth it all you short-selling bastards?
btc is up compared to where it was a month ago. Fuck short-selling! Great job bitcoinica hackers!
That is all!
Fact: Every BTC that gets shorted has to be bought back at a later time. Fact: Every BTC that gets longed (on leverage) has to be sold back at a later time. Bitcoinica's effect on the price is _always_ only temporary due to these simple facts. Assuming they aren't a bucketshop that only does paper trades. |
|
|
|
I like that this version of Bitcoin Wallet has a "disconnect" feature. However, I am noticing that this app Bitcoin Wallet is randomly starting up and connecting to nodes at apparently random intervals. I choose the "Disconnect" option and it disconnects, and then will randomly start up again at a later time. I am running this on a Droid 4 running Android 2.3.6.
Is sync on charge turned on? |
|
|
|
Contemplating cancelling my orders (they are well beyond 6 weeks now)....the possibility of ASIC being released soon is scaring me.
You shouldn't cancel. You should sell your place in line. How do those work? Does bfl just ship to the new address? |
|
|
|
|
7770 you mean?
Edit: I see, the topic says 7770 but the body said 7700. That's what was throwing me.
|
|
|
|
To send money you don't need the latest chain, unless you're sharing keys between wallets and might risk creating a double spend (so don't do that). In fact you don't even need internet access.
Now I am puzzled ! To send money, I need at least one confirmed unspent transaction. If my wallet was empty (I don't like carrying around a large amount on my mobile), I just sent a refill to it from my desktop client at home. Now I am on the go and I realize my smartphone was off: what do I do. I wait.. I know it's an edge case, but if we are aiming for mass market, it will happen a lot of times, enough times for many people to look for a thin client solution. You can sync 8 hours of transactions in less than two minutes.. If you funded your mobile wallet that long ago, it'll be one of earlier blocks that gets synced which means you don't have to wait until its fully caught up. If you've turned your phone off and load your email, I'm guessing you'll wait a similar amount of time for it to download 8 hours of emails/attachments fully. Perhaps not if nobody emails you/you receive very little email. This 'phone is off' argument is very much an edge case because I think you'll find most smartphones have a lag time when first coming back on, regardless of what you're trying to do. |
|
|
|
You're right. We should be GLAD they take our money, lie about when they are shipping, and offer no real information on what to expect until after its already been figured out. Oh yeah, don't forget to wait for the big announcement tomorrow. Lets just hope its just as exciting as last week's big shipping day.
Just to be sure, are you organizing a road trip to their facilities without actually knowing if they'll grant a tour? "We are the PAYING customers! We demand a tour!" That'll go over well. This thread is pathetic. Thanks for taking the time to tell us.  |
|
|
|
...It'd be nice if after x time, trading was locked so even if his script take 30 seconds to execute, someone's not slipping another order in.
That does not sound good. Single bonds are being auctioned off starting at a certain time. If I came into the room and offerred more than the next person, then by auction rules I am entitled to receive that bond. Perhaps, but the whole point of having it scripted is that it happens near instant. Taking 20 seconds means that even if the process to script it is automated, people can still game it... which then leads to why so much pressure to script the start if its just going to be gamed anyway? Right? |
|
|
|
The option to place an order at a given, precise time, should be in the trading platform itself. That's the only way of doing it right. Anybody has asked Nefario if he plans to implement it?
That we have asked for. I've not heard when it will be done. Well, in the meantime, a guy pushing a button or a computer firing some simple script is almost equally imprecise... Exactly. Leave as is and wait the 2 weeks or whatever it will take until he's got the real solution. It'd be nice if after x time, trading was locked so even if his script take 30 seconds to execute, someone's not slipping another order in. |
|
|
|
|
Show Posts
