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Have you teamed up with any of the top 4 accountancy firms? Would be great to have them on board?
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Just registsred on the website, looking forward to more updates.
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Where can I buy fizcoins?
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Having some client issues here only receive 1 or 2 connections to the network. Seems to be going up and down for me. Sometimes i lose all my connections so sad, might go get some fish sticks to console myself.
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I have been running my KLN for about a month now and have not seen an issue. In fact I have had less trouble with it than I have had with some of my block erupters. Its been running solid avg of 4.5gh/s @ 50C with <0.001% error rate. That's about as good as my jallys (well before I overclocked them). Currently running with cgminer 3.7.2/Win7 I have not tried it on the latest cgminer yet.
From all of that has happened throughout this, SB you've been doing a great job!
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up and running on 3.7.2 cgminer, using cgminer-nogpu.exe no other options works fine. Avg 4.2GH/s I am gonna let it run a while and see how it goes.
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Havelock migration complete......
Verified.
Thank You.
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I am not saying you win 20 btc and you have to wait 5 mins before you could bet again I am thinking is smaller waits. I am saying maybe the max would be close to a minute or 2, but I am going with the max bet being a lot higher then the 75-80BTC that we are currently at now. I am just thinking about giving people some time to react to a big swing happening. Its not fair to investors if the big whale is betting quicker than an investor can react to. The length of time of the risk seems to me a bit longer for the investor than the better.
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I think that if there was a dynamic delay should be put in place after winning bets. The delay would be increased as it approaches the max profit, but have the standard delay after a losing bet. This would keep the site from going into a negative state in a short amount of time like what happens. The sites growth is designed to increase at a rather low rate so when a whale comes in and makes a large number of large bets in a short amount of time and then pulls out when they are ahead it takes the site a very long time to recoup from that. If there was a delay put in place after large winning bets it would decrease the amount of those bets that would be placed.
I still think this is a good idea..... |
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I think that if there was a dynamic delay should be put in place after winning bets. The delay would be increased as it approaches the max profit, but have the standard delay after a losing bet. This would keep the site from going into a negative state in a short amount of time like what happens. The sites growth is designed to increase at a rather low rate so when a whale comes in and makes a large number of large bets in a short amount of time and then pulls out when they are ahead it takes the site a very long time to recoup from that. If there was a delay put in place after large winning bets it would decrease the amount of those bets that would be placed.
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*sigh* will this drama ever end.....
Yifu / avalon fiasco
BKKCoins / klondike disapearance
All the issues within all the group buys
just-dice.com whale rape
And now btct.co closing down shop.........
[Rant]
WTF is going on around here we're all trying to have a great time mining and spending bitcoins. BUT NOOOO we gotta deal with all this shit. FUCK I wish btc would go back down to $10 again. Atleast the feds would keep their noses out, scammers would slow down on creating more scams, people would freaking calm down about getting their BTCs back like there is some damn proof of stake on holding them. And possibly, possibly the difficulty would quit raising so high that you have to invest $500-$600 every few months in mining gear just to keep pace, and even then it seems like a miracle that you even got it, let alone be able to keep it running long enough to pay itself off. AARRGGGGGGGG
[/Rant]
Sorry this wasn't directed at anybody in particular, especially not Steamboat or BKKCoins....
well maybe Yifu.
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Just a guess here, but he's probably a student? The falling off the grid so to speak seems to correlate with school starting. Believe it or not most of the people on here probably have real jobs and/or school of which have nothing to do with their bitcoin projects on here. Fall time (at least fall time here in the US) is a pretty busy time of the year for most people. Getting blasted with PMs and Emails I am sure there are a lot that get ignored and/or forgotten about.
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Well I think the orders will start rolling in once there is a proof of concept built and running. The avalon fiasco has made quite a few of people gun shy, most people are wanting to pay for product (post creation) and not the development of the product (pre-creation). As the saying goes "Build it and they will come".
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Yifu said he wouldn't do pre-orders any more, so theoretically escrow won't be necessary.
Nice, I guess that's one way to put it. More like no one will do pre-orders with him any more is closer to it.  |
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Question, does anyone else think that waiting on getting the Avalon Gen2 chips is going to end up the same as this fiasco? There was a serious break down in the supply chain here, breaking down at several levels. Just because they come out with a new generation of chips this is suddenly fixed?
To each their own here but if you just had chip orders only, without a doubt the best move is a refund, but if you already paid for assembly is it really the right thing to do and just take a large loss with a refund instead of just over paying for a under powered product? I mean you could at least try and mine with it for a longer period of time and eventually get paid back while they worked on a firmware fix, or just try and get another board and possibly just populate it with the non hashing chips (that is just a speculation I don't know if the design would allow for that or not).
By the time Avalon Gen2 chip orders would get fulfilled it might even be a lost cause by then at the current rate of increase of difficulty. Its all speculation, the price of BTC may shot up enough to account for the loss or not. Just my 2 cents.
Demand escrow for any future purchases from BitSyncom, it apparently worked with loose chips purchased from BFL. I've read they're shipping loose chips even though they're no where near close to being done with their backlog. That is the best for protection on the buyer's and seller's side as far as a scam on either side of the transaction. Only issue is we were funding the purchase of equipment up front, that was the deal we all agreed to entering into this group buy, thus the name "group buy" . But I do see your point this could have all been handled in a complex escrow with Yifu as well, but hindsight is 20/20 on that. This is just a situation were there is no real good way out of, everyone walks away with a loss, its just a matter of how you want to handle recouping it. I am more on Steamboat's side on this but people need to get paid for their refunds in a prompt manner. I am sure he is going through a liquidation process which is causing a delay in payments of refunds. That should really be communicated out to everyone though. |
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Question, does anyone else think that waiting on getting the Avalon Gen2 chips is going to end up the same as this fiasco? There was a serious break down in the supply chain here, breaking down at several levels. Just because they come out with a new generation of chips this is suddenly fixed?
To each their own here but if you just had chip orders only, without a doubt the best move is a refund, but if you already paid for assembly is it really the right thing to do and just take a large loss with a refund instead of just over paying for a under powered product? I mean you could at least try and mine with it for a longer period of time and eventually get paid back while they worked on a firmware fix, or just try and get another board and possibly just populate it with the non hashing chips (that is just a speculation I don't know if the design would allow for that or not).
By the time Avalon Gen2 chip orders would get fulfilled it might even be a lost cause by then at the current rate of increase of difficulty. Its all speculation, the price of BTC may shot up enough to account for the loss or not. Just my 2 cents.
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Well I don't believe that he is the only one that has been quite in this matter. It seems that the ppl in this post that have stated they have a working or psudo-working k16 (at least able to run on all 16 chips) have kind of fallen off the map as well. Steamboat's group buy/assembly have been trying to contact them in order to resolve thier issues with only being able to hash across 8 of the 16 chips. https://bitcointalk.org/index.php?topic=192916.msg3184148#msg3184148 I am sure they are all hard at work trying to sort out the issues, its hard to troubleshoot and keep up with all the posts at the same time. Everyone is just rather impatient because of investments that we have made/going to make. This is pretty bleeding edge development, things take time and road blocks through everything out of wack. IMO its better to be focused on the troubles at hand then doing PR work. |
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If this is a "hole" in logic on the site, and you are creating a competitive site to "show him how its done" I don't understand why you don't just abuse the "hole" in the site and win all of the investors coins and force everyone to invest into your scam, I mean site? In fact at that point you wouldn't need investors you would already have a huge backing without having to share your "profit" from letsdice? I dare you to put that 4K btc into JD and just abuse the system and prove to us non-believers that you are smarter than math.
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