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1  Economy / Securities / Re: [WARNING] PETA-MINE TRYING TO EXTORT FROM INVESTORS on: May 20, 2014, 07:18:11 AM
Myself and others have stated in the scryptx thread - these guys are just selling preorders at an inflated cost (and then charging hosting fee's to boot)

This is no "investment"
2  Economy / Securities / Re: Klyemax Studios IPO on: May 14, 2014, 04:29:13 AM
As for the bandwidth concerns: go p2p Smiley use the webRTC data channels and your clients will be helping you with bandwidth Cheesy
http://www.html5rocks.com/en/tutorials/webrtc/datachannels/

Also, there are other ways of reducing bandwidth costs

This is not practical or all the other cam sites would cut their operational costs by 80%. WebRTC "works" (and by that, I mean it technically passes data, with up to 100% [yes, 100%, not a typo] overhead).

When certain users (who is streaming content to others) closes their tab.. your users are going to black out for a second or two. I am sure you are aware in cam sites there are people joining and disconnecting multiple times per second.

Also, most (ie, pretty much all except people in South Korea) residential internet connections cannot upload 720p in real time. Forget about 1080p.

Finally, it introduces significant latency (can be up to 10-20 seconds, especially the peer you are getting the data off is on 3G, is on Tor, etc)..


Um, have you looked into this technology? It offers LOWER latency than cdn's. multiplayer games are being developed using this stuff - live streaming services too.
3  Economy / Securities / Re: [Havelock] RentalStarter - A Midwest Real Estate Investment Company on: May 14, 2014, 03:54:01 AM
Branny, what are you doing incase the SEC comes knocking? From what I understand, you'll be in a bit of trouble, no?
4  Economy / Securities / Re: Klyemax Studios IPO on: May 08, 2014, 08:20:16 PM
As for the bandwidth concerns: go p2p Smiley use the webRTC data channels and your clients will be helping you with bandwidth Cheesy
http://www.html5rocks.com/en/tutorials/webrtc/datachannels/

Also, there are other ways of reducing bandwidth costs
5  Economy / Securities / Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY on: May 08, 2014, 07:15:57 PM
Indeed, we're hashing! Just to officially confirm the message we have sent out earlier to investors:

First of all we like to thank our early investors for their support and trust in the Scrypt-X project. We took a blazing start with the IPO yesterday and would like to announce that we want to live up to this enthusiasm and started with the deployment of our first scrypt miners today and additional miners already on their way!

http://www.cryptx.com/early-deployment-of-scrypt-miners/

Will there also be a hashing stats page with some graphs just like peta?

Which wallet address can we monitor in order to view the earnings?


Alot of ppl did not believe there was any hashes being done before the 15th but you managed to get it even a week earlier.

Cheers and have a nice Belgian beer like Trapist, just to celebrate a succesfull IPO.

You won't get an answer. These guys are most likely leasing hashing from others
6  Economy / Securities / Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY on: May 07, 2014, 02:54:29 AM
The problem I have with this IPO is that it seems the issuer is selling shares at a premium. Others have noted this as well. This is equivalent to "I want to buy a $100k house, now send me $250k and you can be a partial owner"

Cryptx, can you justify for the enormous premium you are placing on the share pricing?
7  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: May 05, 2014, 08:01:02 PM
Could someone please copy/paste the content about scrypt-x ? It was just removed.. and doesn't seem to be an error on havelock's side.
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: How much would I earn per day mining scrypt @ 1,000 MH (1GH/s) ? on: May 03, 2014, 02:50:11 PM
Nvm how I have access. Electricity is free so it's pure profit. I don't think I would want to hold altcoins (only btc if holding at all). Im in it for the money.

If I do the deal I'll have access to over 20GH/s scrypt mining. Wonder how many 280x's that equates to? o.O
9  Alternate cryptocurrencies / Mining (Altcoins) / How much would I earn per day mining scrypt @ 1,000 MH (1GH/s) ? on: May 03, 2014, 07:09:29 AM
How much in terms of dollars?
10  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 29, 2014, 08:16:03 AM
You guys assume too much.
11  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:52:15 PM
1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

*IF* you can find a Bitcoin business (going back to my blog post from today) that will increase your Bitcoins, then it's an awesome deal.

The reality is that for a "Bitcoin business" to truly be a "Bitcoin business" they need to have very few fiat overheads. 99.9% of the businesses that think they're "Bitcoin businesses" really aren't. The investors would do better off (from a fiat perspective) just holding their coins, and they wouldn't run the risk of losing them through goxxing/ineptitude/etc.

Yes, I agree.. The best businesses are the ones that operate on a huge profit margin.
12  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:51:04 PM
...
I've always lived in the US.

But... it's "the largest evil"?  To plagiarize Voltaire, "compared to what?"

It's the largest for a number of reasons. 1, because it so happens to be the biggest bully in the playground. Installing dictators, over-throwing democracies..wars for profit..

As for 2, .. well simply it's because I pay taxes into this system, and so I feel like I am sort of an accomplice. I can't talk about other nations, because I am from the US.

Wars have always been fought for profit, even the Crusades.  Also, what democracy has US overthrown lately?

As far as being an accomplice, sure.  There was a guy once who ranted about sharing and loving your neighbor, but he got nailed to a big cross, so that sort-a fizzled.  Great idea, capable d00d, didn't work out.  Might of helped if they knew his personal info, but that's a whole different debate Undecided

Anyhow, taxes are unpleasant, but that's what mankind came up with instead to help us plod along.  It ain't that bad, OP, you'll get used to it.

https://wikispooks.com/wiki/US_Efforts_to_Suppress_Democracy_since_1945

As for the d00d nailed to the cross: wasn't that his plan?

It's not the paying of the taxes that makes me want to leave.. hell if that was the case I would follow the footsteps of the 1% and use the numerous tax havens and stay in the US. It's the "contributing to a system that I am agains't"
13  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:44:17 PM
Quote
2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

Key word: potentially

Here in the bitcoin world that means you are almost guaranteed to lose your coins.

If you don't own the private keys, you don't own the coins.

True, if you're a fish sitting down at a poker table in a casino.. If you're there for profit, odds are greatly agains't you. Inexperience doesn't pay well, atleast short term Smiley
14  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:23:02 PM
I'm an investor with plenty to invest.

But nearly every single thing out there is garbage.  So almost nothing touches my money.  Even if it looks mildly legitimate, I probably won't put a dime into it.  For me to want to put money in it I have to be convinced that the risk of scam & getting goxxed is very low while site profitability makes sense on both the investors/owners ends.

So short story is, your question is kind of ridiculous.  Bitcoin is fairly high risk. Investing in a bitcoin company is higher risk.  If you are ok with that, then go ahead and put it in the best place, if you aren't, then don't.  The market will naturally mature in the mean time if its meant to or it will decay.  The larger profitability and risk will be present in the earlier markets.

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)
15  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:19:09 PM
...
I've always lived in the US.

But... it's "the largest evil"?  To plagiarize Voltaire, "compared to what?"

It's the largest for a number of reasons. 1, because it so happens to be the biggest bully in the playground. Installing dictators, over-throwing democracies..wars for profit..

As for 2, .. well simply it's because I pay taxes into this system, and so I feel like I am sort of an accomplice. I can't talk about other nations, because I am from the US.
16  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:15:28 PM
I'll be honest with you:

I'm not an investor; i am someone looking for investment. But if i were an investor, I would place it in the following:

1) The Project in question. Will it make money? Is it a great idea?

2) The project's management. Will they get it done?

For me it is a more of a percentage game than anything else.

That attitude changes after a couple of bad investments or after observing the large number of outright scams and inept management teams here.

I guess we're talking about different types of investors. As far as the scams/inept management goes - it's not just here on bitcointalk (its everywhere)
17  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 08:05:19 PM
...coming to terms with the realization that the US is by far the largest evil that exists today...

Where have you lived OP, other than US?

Re. knowing the identity of the people you send money to:  It helps sometimes.

I've always lived in the US.
18  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 06:54:41 PM
I'll be honest with you:

I'm not an investor; i am someone looking for investment. But if i were an investor, I would place it in the following:

1) The Project in question. Will it make money? Is it a great idea?

2) The project's management. Will they get it done?

For me it is a more of a percentage game than anything else.
19  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 06:20:57 PM
It's not a total fear from ones safety thats driving my wanting to leave the US - but a mixture of that and coming to terms with the realization that the US is by far the largest evil that exists today. This isnt a game of starcraft where you expand and attack.. We're all human and most of us want peace and harmony.
20  Economy / Securities / Re: Why do investors demand personal info when offering securities is against US LAW on: April 28, 2014, 05:13:15 PM
This has been bugging me to no end.

Investors require personal information of the business during IPO.. If the business is in the US, then it is already breaking the SEC laws. Do investors know this?

Many of us aren't in the US. Those that are in the US are seeking ways of compliance with the SEC laws.

I wrote a blog post on this to answer your question.

I read your blog post. That doesn't answer the question regarding the laws in the US.

It answers the question you asked in the title of this post regarding why investors demand personal info. We aren't breaking the law demanding that information, and we aren't responsible for SEC compliance on their behalf. Which is why there's (thankfully) plenty of non-US businesses to invest in:)

If you're in the US, you may want to consider joining all the bright people that are getting out.

I've been thinking about exiting for a long time now Smiley But where to?
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