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Make sure you either use escrow or let him go first. He told me I had to deal with his "partner" and made me go first for 50% of transaction. Wound up scamming me and never giving me my admin account and then revoked the one invite he did give me. I tried then to deal with him directly and he wanted 30% upfront  I never traded with you. How come you are blaming that on me? I sold my invites to a guy and it's not my mistake that he supposedly "scammed" you. When you tell me to go to your partner and he requires an upfront payment then scams me. Then I ask to buy from you directly you tell me you require 30% upfront it comes up as very suspicious on top of both of you wanting psn credit from me. In your other threads you say you accept escrow but wont do it when I asked. I never said you scammed me directly since I have no proof of that but warned people to use escrow since I got scammed by someone you vouch for. Until you resolve the issue with him, I can't trade with you either using escrow or any other way. For what I know you are a scammer. Trying to emotionally blackmail me. And rest assured, anyone can use escrow with me. I'm open for it. "Emotional blackmail" Sounds fucky. |
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Hi,
BTC Rate - Bitstamp + 5%
Payment MUST be sent as a gift.
Minimum Transaction : $50
Buyer must provide proof that it is their PayPal account.
This means a photo of you holding some form of ID that matches the PayPal account holder name. This is to protect against stolen accounts.
Contact me for any queries.
If a successful trade is made we can proceed with larger amounts.
Thanks
Red flags everywhere. |
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It's not a "pro-tax" argument, it's a statement of fact: get caught and you will go to jail.
It comes down to a decision, resist injustice, or fund injustice. Feel free to take off the Guy Fawkes mask whenever you want... |
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We paid back 3 days ago and hit some residual costs. Already transferred the funds but we're crunched.
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I need a quick loan of 2.5 coins to hold me over until a Dwolla deposit goes through. I can show proof of deposit and i'll reimburse 3.5 coins. The account says the funds will be available on the 30th of January, so that'll be the day you get paid back. Can verify all personal info/account info.
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Haven't you just received a significant bitcoin loan?
We're short BTC3 and I have one extra in the wallet. |
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I need to purchase a few Bitcoins quick and I'm willing to do so over paypal with a long-standing member. I need to 2 coins exactly and i'll pay market price + $5 extra, and send the money prior to receiving the coins. I'm verified with Dwolla but the transactions take a few days to clear and I ned them sooner than later. Just PM me. Thanks!
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I was born at night but not last night.
I don't know what to tell you. We were just trying to get some funding, not rip anyone off. |
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Believe it or not, we no longer need loans. Our low-end goal was 60, but we're sticking at BTC53.282 which is comprised of donations AND micro-loans.
I'm not entirely sure of what you're skeptical of, but the loans were actually sourced from 3 main funders. All loans and donations are on the books and will be reported when the program is published. We also applied for a grant to help fund the project, so we're good to go at this point.
Development begins Thursday!
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It's part of the assignment. Our team has to solicit and receive funding from an outside party or group of individuals. We thought approaching the Bitcoin community itself would be a win-win for all involved; funders get interest paid on their loans, and we fulfill the requirement.
Would you be willing to provide the professors .edu email and name, as well as the course name? This will confirm your story and make it much more likely someone will lend to you, since they can contact your school if you don't pay the loan back. We've been divulging that information after speaking with potential investors privately. We're only 20 Bitcoins short of our goal of 70 at this point. |
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Why are 12 computer science students raising some funding for two Laptops? Would a build machine (and a collaboration server) not make more sense? If no build is needed , then i do not see the need for even one dedicated laptop. this will probably be a huge organisation mess. ( who keeps it, what happens on it , who had it last time, who installed that virus? ) you guys even have a mining rig,come on.
just program away, you don't need any money... no obstacles here.
It's part of the assignment. Our team has to solicit and receive funding from an outside party or group of individuals. We thought approaching the Bitcoin community itself would be a win-win for all involved; funders get interest paid on their loans, and we fulfill the requirement. We figured using two project-dedicated laptops would be the best route, seeing as we can just return them back to BestBuy at the end of development and redistribute the loaned money (with interest of course!). It's easy for both parties and extremely low risk; I don't foresee BestBuy going out of business within the next month or two. We're trying to highlight the benefits of Bitcoin in our presentation at the end, and receiving individual loans for a group-source project is the best way to really drive home the point that Bitcoin and online currencies in general offer incredible benefits. |
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Ah, ok.
How do you expect to be able to monetize this program?
We were sitting around the whiteboard last night discussing potential options for monetization, given the parameters and characteristics of the program. We're trying to take a multi-step approach to it. 1. Ad revenue on the host site and potential sponsorships/partnerships with larger companies. 2. Skimming (1-2-3% of all generated coins) 3. Donations Our biggest obstacle right now is just getting funded. Paying back the loaned funds is a non-issue because it just involves saving our receipts and returning computers when development ends. We're not out to try to make millions with this, but we do this we stand to generate a bit of income. We just want to get A's, create the best mining client out there, introduce people to Bitcoin and how it works, and thank those who support us by giving them a little extra something back. As far as i'm concerned, everyone wins. |
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Now then, as far as monetizing such a client, I don't see it as possible to regain the $850 from casual GPU miners and experimenters only. ASIC support will have to be included in the software, and if it is truly a step above everything else that is available for free, it should be cake to monetize at that point. What ASIC miner WOULDN'T pay, say, $10 to gain an extra 2% efficiency? At least initially, when difficulty is still relatively low? The miner program doesn't contribute that much of a difference. With GPU mining it is important to make a distinction between the mining client (minimal impact on performance) and the OpenCL kernel. The days of 2% gains in the OpenCL kernel are long gone. The code has been highly optimized and IIRC the most recent major change was something on the order of 0.1% performance increase. The client itself has never been the performance bottleneck. With ASICs (and FPGA) the OpenCL kernel is replaced by the chip itself. The client is just about management and reporting. Further I would point out the OP isn't claiming any type of performance increase. Correct. We're focusing on end-user experience, which is why we're redeveloping the client, not the OpenCL kernel. Like i've been saying, our hope is that this program will get beginners/general public more involved in Bitcoin. |
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Our primary goal is to create a program that gets beginners interested and attracts those miners not using ASICs, and delivers that mining experience with enhanced power and ease of use.
I don't think you understand. When the ASICs come out, no one will be running GPU miners anymore, since they will have a very very small fraction of the mining power they have today. There will be no difference between your mining program, and a program designed to destroy video cards. Why would you and a team waste time programming this? While our over-arching goal is to provide the mining program to the Bitcoin community... we're also trying to get an A here. We're programming students and this is one of our larger projects, part of which is to procure funding. Because of this requirement, we figured we'd get a loan from the Bitcoin community, buy some computers to use and return, and then pay it back with a little on top. I hope by now no one thinks we're trying to rip anyone off. We just want to get the ball rolling so we can develop the product, pay back our loans, and release the program. And while it is all for a grade, we're really serious and dedicated to what we've decided to pursue. Bitcoin and digital currencies in general are often severely underrepresented in computer science curriculums, so we're trying to publicize, educate, and release a great piece of software. Our target market isn't composed of Bitcoin gurus like yourself; rather, we're aimed at those individuals who, for whatever reason, prefer to use a mining client over an ASIC. You're certainly raising valid points, but our goals are simple and clean and we hope other people see that as well. |
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Can I ask what hardware you deem necessary (for $850) to reprogram mining pool code?
From his FB page, doesn't look like he wants to reprogram a mining pool - he wants to reprogram a mining client. Mining clients will become extinct when the ASICs come out. In the Fall of 2012, our team spent countless hours researching and using various mining programs from across the web. We compiled a list of what we like and what we didn't, and with these characteristics in mind, we will build what we think will be the best mining program out there. Makes me wonder why the OP didn't correct the "mining pool" comment when he replied, and if he knows he is programming soon-to-be-useless software. I didn't correct the "pool" comment because I didn't notice it--like you said, it's not a pool but rather a mining client. The client also isn't intended for those with ASICs. It's designed for 1. users with little knowledge of Bitcoin who want to see what mining is about and 2. individuals with higher-end equipment who don't want to jump on the ASICs train right away, or at all. Also included is the casual miner, who likely would have a gaming computer with nicer graphics cards to put to use. Our primary goal is to create a program that gets beginners interested and attracts those miners not using ASICs, and delivers that mining experience with enhanced power and ease of use. |
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UPDATE:
The response and interest from this board have been great, and we've managed to get a good start on our funding.
We're still looking for lenders and investors!
Our team has a lab meeting tomorrow and then we begin development. We're pretty close to hitting our goal, so please consider this opportunity to make some extra money and help support a game-changing new product in the Bitcoin community!
- The TurMine Accelerated Mining Team
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What's the minimum investment? Or does it have to be all from one person?
It definitely doesn't have to be from one person! We'd like to see many investors/financiers on the books with us, to keep us accountable and to help spread the word about our project and generate interest. The more connections, the better. As far as individual loans go, we'd like to stay above 1 or 2 Bitcoins just to make book keeping easier. If you'd like to talk directly about it, feel free to PM me. |
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I may be interested, but I am on my way out for the weekend. Can we arrange a time to talk on Monday?
For sure! PM'd |
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UPDATE: The TurMine Accelerated Mining Project is now on Facebook! If you get a second, go and check it out and give us a 'like'  We'll keep posting daily updates on the current project status all the way into product launch. https://www.facebook.com/pages/Turmine-Acclerated-Mining/520460727976155?fref=tsWe're still in desperate need of a loan/investors, so if you or anyone you know can help us out, we would be EXTREMELY appreciative. We're willing to provide proof of ID, social networking sites, we can even do a Skype conference to go over numbers if need be. Thanks!!! - The TurMine Team |
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Can I ask what hardware you deem necessary (for $850) to reprogram mining pool code?
We were planning on purchasing 2 base-level laptops (Acer, Toshiba, or comparable) to use as dedicated machines for the project. They'll be used for reprogramming, testing, quality assurance, and then end-user testing when the project reaches its final stages. Because our team could potentially (hopefully!) profit off this project, we're barred from using the lab computers. At the end of the project, we'll probably sell them back. We have a suitable mining rig for implementation, and then any expenses following the project timeframe will be paid for by taking low-percentage cuts from blocks generated by users of the TurMine program. |
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