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WTB COYE, Will only buy increments of 1mil or more. Paying .01 BTC per 1mil COYE
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Paying .08 BTC per 1mil COYE
Buying in 1mil COYE pieces or more.
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Buying COYE, 1mil minimum chunks, paying .1 BTC per million.
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Back to buying Coinye. Only increments of 1mil or more.
Bidding .08 per 1mil currenty, PM me for current market
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WTB Coinye, large amounts, easy transactions.
Currently paying 0.15/mil
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Buying large quantities of Coinye. PM if you have 1mil+ and want to make an offer.
If you are looking for 20 satoshis per Coinye, I'm not your guy.
If you want to unload a lot of Coinye at a fair price, hit me up.
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I have to say that the way that both Bitfunder and BTCT have handled things is absolutely atrocious.
If they are pretending that the conditions that are forcing them to shutter their doors didn't exist when they set up their exchanges, they are either liars, unethical or incompetent.
Each of them has created large quantifiable financial losses for people who had relied on their assertions and now they want to shove that responsibility off onto another entity. I'd love to see even a redacted version of the Cease and Desist letter either of these exchanges received. Because, I don't believe one exists. They've scared themselves out of doing something that they should have known was scary to do in the first place.
Acting like all the rules around issuing securities just happened is a joke. They were in place for literally decades and closing in on a century before these exchanges were ever conceived.
They knew the risks of running one of these things, if they weren't up to it they should have never started.
Inversely, you also knew the risks going in. You knew that you were investing in illegal, unregistered stocks. Or rather most here did. If you did not, it wasn't for lack of warnings from fudsters, trolls & other sane adults. Of course I knew the risks. And I mitigated them to a large extent by not exposing myself too much to the "securities" sector as a whole. OTOH, just saying "inversely" and not addressing the actual argument I put forward isn't an answer. The exchange operators can't have it both ways, if they didn't understand the risks of running an exchange, and that in doing so they were putting themselves at risk and only woke up to this fact because they've only recently hired lawyers, I'd say that they are downright incompetent and shouldn't be trusted by the community should they try to do something going forward. If they knew the risk and just got cold feet 6 months into the venture, then I'd say that speaks volumes as to their ethics. If you were aware of the risks going in, then why did you even start it in the first place if you were going to run away at the first hint of trouble? Either way, neither has handled these things as they should have, both while operating and in shutdown mode. I'm not saying it is easy, I'm just saying that they signed up for the task, and there is an implied type of responsibility there. As you made clear, the risks were known, shutting down now is either an act of cowardice or incompetence. It might be both, but it can't be neither.
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I have to say that the way that both Bitfunder and BTCT have handled things is absolutely atrocious.
If they are pretending that the conditions that are forcing them to shutter their doors didn't exist when they set up their exchanges, they are either liars, unethical or incompetent.
Each of them has created large quantifiable financial losses for people who had relied on their assertions and now they want to shove that responsibility off onto another entity. I'd love to see even a redacted version of the Cease and Desist letter either of these exchanges received. Because, I don't believe one exists. They've scared themselves out of doing something that they should have known was scary to do in the first place.
Acting like all the rules around issuing securities just happened is a joke. They were in place for literally decades and closing in on a century before these exchanges were ever conceived.
They knew the risks of running one of these things, if they weren't up to it they should have never started.
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We got our 2 Jupiters on Monday.
Anyone who is getting a miner from KnC should be sure to open up the box, as both units had fans that had fallen loose and one unit had a couple of plugs that had wiggled their way free.
After checking that everything was ready to go, setup was a breeze and the miners have been running fairly stable. Averaging around 500+ on both, so good so far.
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Both Jupiter miners were received on 10/7 and are up and running smoothly.
Internally there were fans that had fallen loose during shipping. I'd suggest that everyone open their machines before turning them on, as the problem was only obvious on one of the miners from looking from the outside.
Thanks AFox!
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Ok. I asked this in another thread already, but HERE, I particularly do not understand where a lot of you are coming from. First off, no matter what you WILL achieve ROI, so I have to assume you mean POSITIVE ROI. But even given that niggle, there is virtually no way these machines will not reach break even in a fairly short time, after which your only ongoing expense is electricity, which is not that great of an expense on these devices. So, those of you crying "no ROI" over and over again, WHAT FREAKIN" TIME FRAME ARE YOU TRYING TO BEAT? Any frickin' timeframe. Please see here. I mean really. An ivestment that is likely to break even in less than a year??? That's insanely positive by most any business metric you care to apply! ... If you don't break even in a year, you never will. Never. Unless conventional difficulty predictions are just a bunch of fud, spread by evol gobment infiltrators. Total bollocks. So..in 5 years from now BTC are $10k exchange...explain to me how what you said can be true? Also..how you know that or something similar can't happen? That was the point he was making and he's spot on. At the end of the day the exchange rate of BTC is everything when deciding if your investment in a miner profits or not. Let me rephrase it: Edit: Difficulty chart: Yes, because things that go up will always and forever continue to go up. It is law. Everyone knows this because there are no examples of charts, even of something as parabolic as this one, ever having crashed. It is impossible to find one. I simply defy anyone to find a real-world example, much less one using Bitcoin Difficulty, to illustrate otherwise. I expect that someday this particular curve will bend back on itself and begin to reverse time, simply due to the extreme amount of hashing power.
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Update
Management FeeVoting for the management fee calculation change has closed and the motion passed overwhelmingly, 428 - 0. The calculation of the fee based on the 30-day average will begin with the August dividend. Voting on securitiesThe fund voted YES on CB.IDIFF-E and ABSTAIN on COG.F3. Voting has opened for ICEDRILL.ASIC and PETA-MINE. Both are new issues and voting closes in 5 days. Other100 shares of BTC-TRADING-PT were redeemed for 10 shares of LTC-GLOBAL. The fund currently holds 140 shares of LTC-GLOBAL and has 1400 shares outstanding. John Bolton John Galt Asset ManagementUmmm.... COG.F3? YES: 96 - NO: 288 - ABSTAIN: 24 - OUTSTANDING: 1500 At least 200 votes: Check Margin of 100 votes: Check Result.... Abstain? I'd like to know how that is possible, please?
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Received two 4 module units, July 29th Order 47XX
Thanks for maintaining this list!
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My 4 module batch 3 uint will arrive tomorrow morning. I guess I will have the first 4 module unit in the USA.
Two 4 module units waiting to be delivered to me tomorrow morning in LA. It's all on DHL now. Did you guys call DHL to figure this out, or does it tell you that when you enter the tracking information on the DHL website? I ask because mine only says "shipping information received" when I enter the tracking number. I'm just wondering if I could have a surprise delivery monday/tuesday. That means, it has not been dropped of in DHL's hand. My order says completed custom clearance and it's already at the Cincinnati DHL hub Yeah, ditto, minus the Cincinnati part. Completed Custom Clearance is the most recent update which DHL indicates is the final step before being sent out for delivery. Very exciting, and I imagine that everyone that is still waiting will end up seeing their units this week or early next. Compared to what the poor souls who placed their faith in BFL have had to deal with, this has been a cakewalk. Happy Mining, everyone!
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My 4 module batch 3 uint will arrive tomorrow morning. I guess I will have the first 4 module unit in the USA.
Two 4 module units waiting to be delivered to me tomorrow morning in LA. It's all on DHL now.
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Hi, I have a question or two regarding the recent announcement that Smidge.com and Ciphermine have made a share swap.
What were the terms of this deal?
Did this come out of shareholder equity?
Was it done on a 1:1 basis with an assumed value of 0.02 BTC for Smidge.com shares? (the IPO price indicated for Smidge)
Thanks
edit: Also, maybe just a general question. Why did you think this was a good deal and how does it advance the interests of Ciphermine shareholders?
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with PSU ?
Yes, my 4 mod 47XX units both included PSU. Forgot to include that. Sorry to hear that people aren't getting their non-PSU units. Shouldn't be much longer though, remember it has been a long wait, but the couple of extra days (and seeing as how tracking seems to indicate that as of 24 minutes ago they hadn't left China yet, it might only be 1 extra day or none vs. PSU includced orders), isn't the worst part of this, and soon we'll all be among the few possessing anything like what we used to think of as nearly unimaginable hashing power. Things could be worse.
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Ditto to many of the above.
Received tracking number for two 4 module units 47XX.
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Would South Carolina and Montana then be good places to install Bitcoin ATMs?
From a legal perspective, yes. From a business perspective, probably not. Most of my clients are targeting NY, CA, TX, FL and IL, in roughly that order. South Carolina and Montana are not very dense with bitcoiners. Thanks for sharing your opinions, as always it helps shed a little light into the grey area we're all in now.
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Somebody found my cheat sheet! I don't suppose you would be so kind as to share your opinion on what significance (if any) there is in SC and Montana not having these regulations, as it relates specifically to the Bitcoin legal landscape? Is this more along the lines of an interesting piece of trivia or something that people who are starting up Bitcoin based businesses should possibly consider when choosing where to operate, incorporate, etc...? I guess, I don't see any evidence of a whole bunch of current fiat-based institutions locating themselves in these states or anything (please correct me if I'm wrong), which tells me that the "free" states are sort of free in name only?
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