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1  Bitcoin / Hardware / Tracking Update On PrimeAsic on: April 07, 2013, 06:25:04 AM
Yep.... Didnt work.....
Fucking little bitches.
Straight up SCAM..... I will be the first to say, they ruined my mutha fuckin day!
So here is my opinion... I do believe they bought a few Avalons on the first batch and re-cased and took a picture as if they were their own.
I can't explain the 80Gh/s Hashing. Well for whatever its worth, SHIT.... 15BTC down the toilet. Shit happens!
Well just have to wait the real deals to come in.....
Have a good night.
Victor
2  Other / Beginners & Help / The Starting Of The "Bitcoin Derivative" - What side are you on? on: March 30, 2013, 07:30:10 AM
Ok, My good friend Al just got drunk off one glass of wine and posted in the Econimics Section of the Forum.... Jesus.... Beware of Al.... His honesty is the truth....
Here is his post :
Dear BitcoinTalk.Org
Is the economy in for another shock,   Could bitcoin be the future.  I have worked with Bloomberg for the last ten years and the talk here is exciting form a trading perspective.  What would happen to the valuations if bitcoin was not considered a currency but rather a commodity. The idea is relatively simple.  If we take the idea that bitcoin will become more popular and mining operations become more prevalent than eventual a wall will be hit.  Does bitcoin actually have a value or is it something that we can hold in the hopes that it will exponentially hit the prices of gold, and if it does how ling will it last.

Monday morning I am sitting down with an investment firm to work out the algorithm to augment and shock this industry.  It is not a currency but rather traded on the fear of lack of other opportunities.  There is a finite time in which it could be profitable.  A derivative will allow the mass majority of people to weigh in on the potential valuation an month, two or three in the future.  A derivative could crush this industry, there are currently no constraints and institutional investors want their piece of the profit with the risk of being stuck with bitcoin potentially negated.  It seems as if the big banks want their cut and a willing to screw all those that are trying to mine coins that have only intrinsic value.  Meaning that bitcoin would have a different value if you could trade it without every having to mine or own any bitcoin.

I would not want to be the one stuck holding the bag, so to speak. depending on the derivative bets , puts and calls these institutional investors are just betting on the future and what the masses think about the product.  Think of it like the Abacus fund from Goldman.  The mortgage holders did not loose their homes during the bet but if you bet incorrectly you could have lost a lot.  The only difference is that you guys are mining and holding a commodity thats value is based not on potential uses but rather on the emotions that have driven you from "mainstream" investment strategies.

If i was to place a bet on a derivative of this nature it would be that the value would collapse the longer that industry existed seeing that the demand of the "product" has no intrinsic value.   

This all may sound crazy to you but at the end of the day there is a recorded history of this

Thanks -

Al - Stock Analyst, M&A Consultant since 97' and the holder of over 7500 BTC
3  Economy / Economics / The Starting Of The "Bitcoin Derivative" - What side are you on? on: March 30, 2013, 07:18:39 AM
Is the economy in for another shock,   Could bitcoin be the future.  I have worked with Bloomberg for the last ten years and the talk here is exciting form a trading perspective.  What would happen to the valuations if bitcoin was not considered a currency but rather a commodity. The idea is relatively simple.  If we take the idea that bitcoin will become more popular and mining operations become more prevalent than eventual a wall will be hit.  Does bitcoin actually have a value or is it something that we can hold in the hopes that it will exponentially hit the prices of gold, and if it does how ling will it last.

Monday morning I am sitting down with an investment firm to work out the algorithm to augment and shock this industry.  It is not a currency but rather traded on the fear of lack of other opportunities.  There is a finite time in which it could be profitable.  A derivative will allow the mass majority of people to weigh in on the potential valuation an month, two or three in the future.  A derivative could crush this industry, there are currently no constraints and institutional investors want their piece of the profit with the risk of being stuck with bitcoin potentially negated.  It seems as if the big banks want their cut and a willing to screw all those that are trying to mine coins that have only intrinsic value.  Meaning that bitcoin would have a different value if you could trade it without every having to mine or own any bitcoin.

I would not want to be the one stuck holding the bag, so to speak. depending on the derivative bets , puts and calls these institutional investors are just betting on the future and what the masses think about the product.  Think of it like the Abacus fund from Goldman.  The mortgage holders did not loose their homes during the bet but if you bet incorrectly you could have lost a lot.  The only difference is that you guys are mining and holding a commodity thats value is based not on potential uses but rather on the emotions that have driven you from "mainstream" investment strategies.

If i was to place a bet on a derivative of this nature it would be that the value would collapse the longer that industry existed seeing that the demand of the "product" has no intrinsic value.   

This all may sound crazy to you but at the end of the day there is a recorded history of this

Thanks -

Al - Stock Analyst, M&A Consultant since 97' and the holder of over 7500 BTC
4  Bitcoin / Hardware / [Getting scammed] New PrimeAsic Demonstrating The Miner They Sell on: March 30, 2013, 02:08:24 AM
Ok guys,
I ordered a machine and got a tracking number which is verified in a post earlier I made.
You can find it in a post under my Screen name.
So ok, I ask to please send me a tracking number and they did. It has not shown to work but I know it takes a few days to register. It should be good by Monday or Tuesday at the latest....
If not then shit.
But here is a YouTube video they posted of them testing my machine before they sent out as requested.
I guess I was the first idiot to send BTC. Bit my good friend Anthoney put me on the Bitcoin Game and I bought close to 800 for around $35 a month ago and sold in the high $80's .
Since then I bought the following...

2 - AVALON ASIC 85GH/S
1 - PRIMEASIC 80GH/S
1 - BUTTERFLY LABS 60GH/S
And the grand daddy.....

1 BUTTERFLY LABS 1500 GH/S

All were about $45,000 but hey, I consider free as I still have my $29,000
Investment back from the original coins I bought last month...
Soooo..... Guess what? I transferred the $30K back to my bank account.
Now I  have close to 1.810 TH/S in equity for free!!!!
Man I love this shit
Here is the PrimeAsic video

http://youtu.be/aPeen7AJA-o

I own Derby Of San Francisco www.derbysf.com, I am a sound adult who thinks outside the box and have nuts the size of WATERMELONS.... Look guys it's simple....
Like a good friend of mine SKEW ICP says....
"NO RISK, NO REWARD"
If I loose then fuck it I loose.
If I win now ill post photos of me doing doughnuts in my Ferrari!
Lol
Victor Suarez
PS - EXCUSE TYPOS, IM ON A IPHONE TYPING WITH TIRED FINGERA FROM COUNTING MONEY... Lololol
5  Bitcoin / Mining speculation / PrimeAsic Order Update. Tracking Number Provided A Few Hours Ago! on: March 29, 2013, 03:19:28 AM
Hello to you all. My name is Victor. I just joined the forum and tho I am a newbie to the coin I am a believer. I bought around 800 Coin when they were in the mid $30's and sold a few days ago in the $70's.
Cool. I made money. So I ordered 2 Avalon ASIC's 85Gh/s and tho they were 101 BTC at the time I didn't mind as I figured I just made some bucks so I will use the profit to buy @ Avalon's as a friend told me about them being released. So I bought 2.
So, A few days ago I began communication with PrimeAsic and tho I was skeptical and had a few doubts based off other members claiming SCAM and FRAUD I threw 17.5 BTC last night to them at about 11PM. Well at 3:30 PST I got an email saying "Thanks You we will ship tonight and provide you a tracking number". This email was sent with out one from me so I assume good business. At 4:00 PST I email them to remind them for the tracking number and got a reply rather quich (20 Minutes) with them saying they would furnish in 45 Minutes. Cool.

So I get an email with a tracking number saying please allow 1 to 2 days to show. Ok cool. I understand this as I buy tons of things from China and it takes a few days to enter the system.

All I can do is wait. Here is a link to the photo of the screenshot of the email communications between them. I don't know how to upload a photo to my ost here so I uploaded it to Flickr

Here is the link http://www.flickr.com/photos/94493020@N06/8598577941/
If you tell me how to upload a picture I will do so immediately.
 
End of the day, if they are real it's on and cracking. If not them cool. I lost 17 BTC which I was grateful to make but even when I bought I never thought f a $50 spike in 3 weeks. So I am just vouching as a 36 Year Old Adult that so far so good.
Victor Suarez

PS - In no way am I affiliated with then if you like do a Google Search on me. "Victor Suarez Derby Of San Francisco" or "Derby SFGate"
6  Bitcoin / Mining / PrimeAsic Order Update. Tracking Number Provided A Few Hours Ago! on: March 29, 2013, 03:16:22 AM
Hello to you all. My name is Victor. I just joined the forum and tho I am a newbie to the coin I am a believer. I bought around 800 Coin when they were in the mid $30's and sold a few days ago in the $70's.
Cool. I made money. So I ordered 2 Avalon ASIC's 85Gh/s and tho they were 101 BTC at the time I didn't mind as I figured I just made some bucks so I will use the profit to buy @ Avalon's as a friend told me about them being released. So I bought 2.
So, A few days ago I began communication with PrimeAsic and tho I was skeptical and had a few doubts based off other members claiming SCAM and FRAUD I threw 17.5 BTC last night to them at about 11PM. Well at 3:30 PST I got an email saying "Thanks You we will ship tonight and provide you a tracking number". This email was sent with out one from me so I assume good business. At 4:00 PST I email them to remind them for the tracking number and got a reply rather quich (20 Minutes) with them saying they would furnish in 45 Minutes. Cool.

So I get an email with a tracking number saying please allow 1 to 2 days to show. Ok cool. I understand this as I buy tons of things from China and it takes a few days to enter the system.

All I can do is wait. Here is a link to the photo of the screenshot of the email communications between them. I don't know how to upload a photo to my ost here so I uploaded it to Flickr

Here is the link http://www.flickr.com/photos/94493020@N06/8598577941/
If you tell me how to upload a picture I will do so immediately.
 
End of the day, if they are real it's on and cracking. If not them cool. I lost 17 BTC which I was grateful to make but even when I bought I never thought f a $50 spike in 3 weeks. So I am just vouching as a 36 Year Old Adult that so far so good.
Victor Suarez

PS - In no way am I affiliated with then if you like do a Google Search on me. "Victor Suarez Derby Of San Francisco" or "Derby SFGate"
7  Other / Beginners & Help / Looking to make Miming Rigs For Resale..... TEAM NEEDED!! on: March 28, 2013, 03:44:55 AM
   So I thought long and hard the past week or so and came to the conclusion that with my other company, "Derby Of San Francisco" I had done a good job bringing an awesome product at an affordable price and still made money to live and have some left over for R&D for new products. A month ago my senior designer told me about Bitcoins and I instantly "got it". You know how you explain Bitcoin to someone and they give you the ol', "Yeahhh, sounds great" or "Wow that's awesome". Well to me that means "Your F-in Crazy, Shut the hell up you kook". I heard that before with Derby when I first started it so it didn't bother me. In the back of my minds I knew it would work as one day Bitcoin will either sky rocket or crash and burn and we will all sit here talking about the old days and $0.22 a gallon gas like two old men on a Mississippi Stoop.

    I bought about 800 BTC last month in the $30's and sold the last few days(Today Being March 27th). I bought 2 Avalon ASIC's as I do believe in them and was a little offended when I contacted Butterfly Labs and could not get a straight answer. (I will explain in the next day or so in a post) When I purchased the Avalon 85 Gh/s I knew it would work and I would not be sorry as everything I have touched with the BTC, I have won.

    Any how, I Trademarked the name "Bitcoin Computer" as I would like to make an awesome Mining Rig that will work and make others happy. I would like to have a full website with videos on how to set it up, use it, and any info needed. Almost how Lytro did with their Light Spectrum Cameras. I would love to have a full interactive community and have a "Base" for the hardware and software. So here are the few questions I Have.

1. Chips - How do I get the ASIC Chips to run a successful piece of hardware? I mean which chips are needed? What are the specs for each chip to have built as Silicon Valley is not far away from me. I noticed Avalon will sell chips but have not been able to contact them about this but I understand they are busy.

2. Boards - Obviously the boards are a big deal as the chips must go into them to run the damn thing. What is needed? Are there existing boards and chips one can buy?

3. Power Supply - Well that's obviously an easy one

4. Driver - I would assume the thing needs some kind of software or programming to make it work.

5. Case - I would like to have an awesome one that looks beautiful in the house and people would love to show off "Their New Cool Device"

So I am looking to be in contact with anyone who would like to help me bring a mining rig to the market. I am forward thinking and very open minded. Please be serious as I have a company I run as well as a wife and 2 sons, 4 & 5.

Basically I do believe it can not be that hard to do. I am sure it will take money but how much really? If the machine works then it should be a no brainier.

PM me if you have any interest in moving forward. If it sounds correct I will shoot you my contact info!

Who knows, It just might work out!

Thanks, Victor Suarez - Bitcoin Computer

PS - Remember I do not build computers and have general knowledge of them.
I have only been in the Bitcoin Game for 1 month so if I say something wrong, EXCUSE ME!!!!!!
8  Other / Beginners & Help / Just Bought 2 Avalon Asic's 85 Gh/s on: March 27, 2013, 05:28:51 AM
So I keep hearing all this about Butterfly and Avalon and just dove in and bought 2 85 Gh/s....
I do understand the risk and the issues and the yelling I will hear from this... BUT this is from the profit I made as I bought 800 BC at $35 and sat on them until today!
Soooooooooo I just transferred the other half in my bank account and called it a wrap!
I know there are many factors involved with the mining process for the outcome as difficulty and other things but even tho they were 100BTC each do you think they will pay for them selves in time?
Would like to know your opinions!
Thanks
Victor
PS - They were free in my eyes Wink

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