Nope its time to buy more, silly

Bitcoin will  be around forever, not so sure about Eth.

Most of the ppl in Eth are in it cause they were chasing bitcoin profits after missing out, Buterin and his pals have premined 60% of the coins and if you ask me, it wont be long before we see $25 Eth again and eventually .00001

Lots of folk think Eth is the same as BTC. its not, it has no utility today, it all down the road..

Its not a currency, it may have a future if creators aren't too damn greedy.

Stick with bitcoin, buy em at any price you can and sit on them. 5 years 10 years from now don't be surprised to find that ur coins are 10k - 20k - 100k a piece or more, buy em for your retirement, stay away from the trading traps trying to out guess professional traders that have only one purpose in life, and that's to make money from noobs. Don't be a noob!!

Here's a great article from cointelegraph that might help clarify the difference between the two coins.

https://cointelegraph.com/news/bitcoin-is-better-money-ethereum-is-really-not-vinny-lingham

To the moon folks too the moon!!

Nailed it..


Bitcoin up 20% @ $693.64
 
    Well we hit it right on the nose.
 
As predicted the price of bitcoin not only tested the $600 range, but went on to hit our target of $650 and ultimately went as high as $725 before profit taking took it down.
 
Many of you that I've personally spoken to the course of the last few months will find that today's CoinDesk online magazine has an article which seems to mimic my exact presentation as to why the price is soaring.
 
{{I think they've tapped my phone.}}
 
(link below)
 
http://www.coindesk.com/five-factors-driving-bitcoin-price-demand/  

https://www.reddit.com/r/Bitcoin/comments/4n84t6/a_case_for_bitcoin_to_revisit_ath_of_1200/

BITVEST MINT MARKET COMMENTARY
 
   
    With Bitcoin prices testing the waters nearing $600 it may be time to take a serious hard look at what's driving prices and consider whether this is a sustainable rally or just another bull trap.
It appears that the market is in consolidation mode again following repeated attempts to crest $600.
 We're currently trading in the $570 - $590 range mirroring  the $470-$490 range in the weeks preceding the breakout above $500 just last month.
In fact, the current period of consolidation is so closely mirroring the previous month that we believe the price will be following that same path.
We expect to see another leg to the upside within the next few days which may see highs in the $630- $650 range.
Due to the halving taking place next month we feel very strongly that this move is only the beginning of a very long and protracted bull market that will ultimately exceed the all time highs experienced in 2013 of $1.200
However there would be major differences between the $1,200 of 2013 and $1,200 of 2016 were we to see it hit those lofty levels.
First and foremost the 2013 rally for the most part was artificial in that the Mt .Gox trading bot "Willy" was responsible for a great deal of the trading volume that took place in months and weeks leading up to the all time high.
Secondly the market was a tiny sliver in comparison to what we have today.
Thirdly,  the hype machine and FOMO was raging rampantly in a very thinly traded market with only a couple of exchanges where bitcoin was traded.
Today the landscape could not be more different, the ecosystem as a whole has grown to monumental proportions.
The infrastructure fueled by billions of dollars of capital investment on the part of Venture groups, individual investors and miners clamoring to build bigger more efficient data centers to house mega mining operations have laid the groundwork for Bitcoin to take the next steps on the road to fulfilling the grand vision of our still unknown genius benefactor(s).
Commentary courtesy https://bitvestmint.com/

Do you buy bitcoin on a regular basis?

If so, how many a year?

In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?

Yes you are right, however the alert shows only on the "www" version and displaying that was my fault, I should've posted the correct url.

Try this one https://bitvestmint.com

Security Alert? From where? Who? You?

You just make stuff up as you go?

We're 2.5 yr old mining company, with a 100% legit offer with over 100 customers since we started selling forward purchases 2 months ago.

Parent company Bitvest Inc. www.bitvestinc.com Do some due diligence before spewing erroneous information.

Have further questions call us directly at 844-bit-vest 844-248-8378

Ask drharibo (bitcointalk user name) about us we have been one of Bitminter's largest pool participants and well known in the mining community for years.

There's a better way to buy bitcoins if you're a long term buy and hold investor. www.bitvestmint.com deferred delivery bitcoins at a 20% discount direct from the mine.

Many people have and more are buying everyday.
People that intend to buy and hold for the long term are choosing to buy from us because it is a good proposition for both our company and our clients.

We buy miners with the proceeds and pay our clients back from the production of the miners.

Over a two year period the consumer realizes a minimum of 25% gain over whatever they would've earned by buying and holding the same amount invested in the coins.

We have been mining for over two years and have spent over $4 million in mining equipment. A great deal of our miners will begin to cost more in hosting fees than they will produce in bitcoins. Especially with the halving taking place in less than 2 months.

Preselling a percentage of our mining output allows us to replace older failing and unprofitable miners with brand new cost effective units.
The new miners should remain profitable for the next 18-24 months.

The consumer benefits via the discount and we benefit by receiving new equipment without having to sell equity in the company and diluting our ownership interest.

Its a fair exchange, time for money.

It has come to our attention that our company has become the subject of some discussion on this board.

Please review the frequently asked questions below for the answers you seek.
Feel free to call the company directly with any additional questions.

Thank you
BitVest Mint CEO D.L. Hahn

Who are we?
BitVest Inc. d/b/a Bitvest Digital Mining, a Delaware Corporation.  Founded in Feb. 2014 (as Bitvest LLC) by early entrant Bitcoin Miners, who not only understood the great potential of Bitcoin as a technology, but also as an outstanding business opportunity. BitVest has deployed thousands of mining computers on two continents, which mine bitcoins 24 hours day, 7 days a week and have generated over 16,000 coins to date. We are offering you the opportunity to buy bitcoins direct from our mine at substantial discounts in order to finance the acquisition of additional mining computers.
 
How does it work?
The proceeds from our forward sales will go primarily to the acquisition of additional mining computers. As the Company produces bitcoins at our established mining operations, a percentage of the Bitcoin production is allocated to fulfilling the Bitcoin forward sales purchase agreements. This is a win-win scenario, whereby you benefit by purchasing Bitcoin at a locked-in discounted price in return for agreeing to a predetermined future delivery schedule.
 
How do we benefit?
We use the proceeds from the Bitcoin forward sales to buy additional mining equipment, thereby expanding our current mining capacity, which increases the number of bitcoins mined each day. This is a strategy employed for years by the Asian Bitcoin mining industry, in lieu of debt financing or dilutive equity sales. It has proven to be beneficial to both the mine and its customers.
 
What is buying Bitcoin forward?
Simply put, buying Bitcoin forward consists of an agreement between yourself and BitVest Digital Mining www.bitvestmint.com to purchase a portion of our Bitcoin production at a discounted price, to be delivered at a predetermined schedule in the near future. In this case Bitcoin transfers begin after 180 days from the date of your purchase. Forwards offer downside protection from short-term price manipulation and increased profitability for those who have an eye towards the future of Bitcoin.
 
What is a forward contract?
Forward Contract: A cash transaction common in many industries, including commodity merchandising, in which a commercial buyer and seller agree upon delivery of a specified quality and quantity of goods at a specified future date. Terms may be more “personalized” than is the case with standardized futures contracts (i.e., delivery time and amount are as determined between seller and buyer). A price may be agreed upon in advance or there may be agreement that the price will be determined at the time of delivery.
www.cftc.gov/ConsumerProtection/EducationCenter/CFTCGlossary/glossary_f
 
What is the discount rate?
The current discount rate is 20% below the spot price as established on the US-based exchange operated by Coinbase at the time of purchase.
 
How can we afford to offer you bitcoins at such a large discount?
A simple mathematical formula is used by all Bitcoin miners to extrapolate the cost of producing each newly minted Bitcoin. Based upon the network hash rate, cost of mining equipment, and the electricity used in the "mining" process, we know how much it costs to produce each bitcoin. As such, we only sell a fraction of our projected overall Bitcoin production, which is then sent to a cold storage wallet held off the Blockchain until customer payments are due. A percentage of the remaining bitcoins are sold, in order to cover our capital costs for hosting and the electricity to run our mining equipment.
 
Eligibility

You should purchase Bitcoin forwards if:
•   You believe that the long-term trend for the price is bullish and your chosen strategy is to “buy and hold" bitcoins for the long term.
•   You see Bitcoin as Gold 2.0 and want to add it as a hedge against inflation or as a safe haven to protect against government's excessive printing of fiat currency     and price manipulation.
•   You want to add Bitcoin as a new asset class to your investment portfolio.
•   You have a deep understanding of the technology and how world events could have a positive impact on the Bitcoin price.
•   You are content with a predetermined schedule for future delivery of your bitcoin(s).   
•   You want to take advantage of the deep discount to maximize profit potential and protect against price volatility.
 
Who should buy Bitcoin forwards?
As long as you are interested in holding any bitcoins you intend to purchase for at least six months, then buying Bitcoins at a 20% discount makes sense.   However the long-term “buy and hold” speculator is best suited to be a buyer of Bitcoin deferred delivery forward contracts.
 
Who should not buy Bitcoin forwards?
Day traders, people who are uncertain as to whether or not Bitcoin the currency, as a unit of transfer, will continue to be a viable store of wealth. Those that are primarily interested in short term gains or selling their coins within a six-month period. People who don't understand the inherent risks involved with buying crypto currencies in general. People who cannot afford to lose the money they intend to use to buy their bitcoins.
 
When will my bitcoins be delivered?
Your first 1/18th of your purchase will be delivered after 180 days has elapsed and another 1/18th will be delivered each and every month until you have received your entire purchase. Note: disbursements are sent the first and third Thursday of each month to the Bitcoin wallet address provided by the customer.
 
How can I pay for my bitcoin(s)?
We accept major credit cards, PayPal, E-checks, bank wires, and cashier's checks. Simply press the "Buy Bitcoins Now" button to make your purchase.
 
How can I contact Bitvest?
By Mail - Bitvest Inc - 1860 N. Pine Island Rd. Plantation Fl 33322
By Phone - Toll free 1-844-248-8378 (1-844-Bit-Vest) - Outside of the US. 1-561-693-2103

<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

It has come to our attention that our company has become the subject of some discussion on this board.

Please review the frequently asked questions below for the answers you seek.
Feel free to call the company directly with any additional questions.

Thank you
BitVest Mint CEO D.L. Hahn

Who are we?
BitVest Inc. d/b/a Bitvest Digital Mining, a Delaware Corporation.  Founded in Feb. 2014 (as Bitvest LLC) by early entrant Bitcoin Miners, who not only understood the great potential of Bitcoin as a technology, but also as an outstanding business opportunity. BitVest has deployed thousands of mining computers on two continents, which mine bitcoins 24 hours day, 7 days a week and have generated over 16,000 coins to date. We are offering you the opportunity to buy bitcoins direct from our mine at substantial discounts in order to finance the acquisition of additional mining computers.
 
How does it work?
The proceeds from our forward sales will go primarily to the acquisition of additional mining computers. As the Company produces bitcoins at our established mining operations, a percentage of the Bitcoin production is allocated to fulfilling the Bitcoin forward sales purchase agreements. This is a win-win scenario, whereby you benefit by purchasing Bitcoin at a locked-in discounted price in return for agreeing to a predetermined future delivery schedule.
 
How do we benefit?
We use the proceeds from the Bitcoin forward sales to buy additional mining equipment, thereby expanding our current mining capacity, which increases the number of bitcoins mined each day. This is a strategy employed for years by the Asian Bitcoin mining industry, in lieu of debt financing or dilutive equity sales. It has proven to be beneficial to both the mine and its customers.
 
What is buying Bitcoin forward?
Simply put, buying Bitcoin forward consists of an agreement between yourself and BitVest Digital Mining www.bitvestmint.com to purchase a portion of our Bitcoin production at a discounted price, to be delivered at a predetermined schedule in the near future. In this case Bitcoin transfers begin after 180 days from the date of your purchase. Forwards offer downside protection from short-term price manipulation and increased profitability for those who have an eye towards the future of Bitcoin.
 
What is a forward contract?
Forward Contract: A cash transaction common in many industries, including commodity merchandising, in which a commercial buyer and seller agree upon delivery of a specified quality and quantity of goods at a specified future date. Terms may be more “personalized” than is the case with standardized futures contracts (i.e., delivery time and amount are as determined between seller and buyer). A price may be agreed upon in advance or there may be agreement that the price will be determined at the time of delivery.
www.cftc.gov/ConsumerProtection/EducationCenter/CFTCGlossary/glossary_f
 
What is the discount rate?
The current discount rate is 20% below the spot price as established on the US-based exchange operated by Coinbase at the time of purchase.
 
How can we afford to offer you bitcoins at such a large discount?
A simple mathematical formula is used by all Bitcoin miners to extrapolate the cost of producing each newly minted Bitcoin. Based upon the network hash rate, cost of mining equipment, and the electricity used in the "mining" process, we know how much it costs to produce each bitcoin. As such, we only sell a fraction of our projected overall Bitcoin production, which is then sent to a cold storage wallet held off the Blockchain until customer payments are due. A percentage of the remaining bitcoins are sold, in order to cover our capital costs for hosting and the electricity to run our mining equipment.
 
Eligibility

You should purchase Bitcoin forwards if:
•   You believe that the long-term trend for the price is bullish and your chosen strategy is to “buy and hold" bitcoins for the long term.
•   You see Bitcoin as Gold 2.0 and want to add it as a hedge against inflation or as a safe haven to protect against government's excessive printing of fiat currency     and price manipulation.
•   You want to add Bitcoin as a new asset class to your investment portfolio.
•   You have a deep understanding of the technology and how world events could have a positive impact on the Bitcoin price.
•   You are content with a predetermined schedule for future delivery of your bitcoin(s).    
•   You want to take advantage of the deep discount to maximize profit potential and protect against price volatility.
 
Who should buy Bitcoin forwards?
As long as you are interested in holding any bitcoins you intend to purchase for at least six months, then buying Bitcoins at a 20% discount makes sense.   However the long-term “buy and hold” speculator is best suited to be a buyer of Bitcoin deferred delivery forward contracts.
 
Who should not buy Bitcoin forwards?
Day traders, people who are uncertain as to whether or not Bitcoin the currency, as a unit of transfer, will continue to be a viable store of wealth. Those that are primarily interested in short term gains or selling their coins within a six-month period. People who don't understand the inherent risks involved with buying crypto currencies in general. People who cannot afford to lose the money they intend to use to buy their bitcoins.
 
When will my bitcoins be delivered?
Your first 1/18th of your purchase will be delivered after 180 days has elapsed and another 1/18th will be delivered each and every month until you have received your entire purchase. Note: disbursements are sent the first and third Thursday of each month to the Bitcoin wallet address provided by the customer.
 
How can I pay for my bitcoin(s)?
We accept major credit cards, PayPal, E-checks, bank wires, and cashier's checks. Simply press the "Buy Bitcoins Now" button to make your purchase.
 
How can I contact Bitvest?
By Mail - Bitvest Inc - 1860 N. Pine Island Rd. Plantation Fl 33322
By Phone - Toll free 1-844-248-8378 (1-844-Bit-Vest) - Outside of the US. 1-561-693-2103

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