I understand people will defend their investment.
But any logical mind capable rational thought and basic math can quickly deduce the fact selling a GH/s on 26/06/14 for $2 to mine for 5 years with no further running costs is utterly impossible.
I don't know pb runs or not but it's really possible.At least they can pay by 5 year contracts and also make profit.You look only one corner but its also 3 other corners.I'm geting hardware from china less than 2 usd per ghs(1.45 usd) and mine nearly same btc as they pay so for Me if I start do same and people buy it I can do huge profits and pay whem also with terms of contract. and if I order like pb I can get even cheaper. Your hardware from china uses around 1w per GH/s right ? Lets say 0.5w it doesn't but lets just imagine it does. 0.5w run for 5 years is over $2 in Washington state one of the cheapest areas in the world. Over $2 for ELECTRICITY alone at 0.5w per GH/s efficiency. They charge $2 per GH/s. This is not mathematically possible to run that GH/s for 5 years with no further costs even with free hardware. Please don't just reply without thinking actually read what I'm saying, it makes prefect sense. If you would made this calculations a year ago with an Avalon@200 GH pulling 2.4 kW none of it would aply now. Same will be after one year. And please make again your calculation with the price of energy from China, you will be surprised of the difference. |
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Always use escrow when dealing with strangers on the internet!
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I think my sarcasm went unnoticed. No thanks!
In general (wanabe) scammers are not very smart persons so it's no surprise in here. |
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You can make sport bets without the need of a credit card and you can receive the winings without the need to send your passport and bank details and wait 1 week for verification.
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What chances of wining do you have with your strategy?
Doubling deposit (when I take my time) would be around 65% of the time successful. So you have a strategy with 65% chanches of winning. Ok, let me propose you a much much better deal for you. You give me 100 BTC and I roll with 90% everytime. If I win I'll give to you 9 BTC and I take 1 for myself as comission. If I loose, well... it's gambling. How does this sound for you? (if it's sound stupid think that is exactly sound like what are you proposing, same as you). Now stop begging and get a job, gamble away your own money. |
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Buna ziua ! Am remarcat de f.f.f.f. multe ori ca pretul la BTC prezentat de siteul Dvs este eronat. Eu ma orientez dupa http://preev.com/ , care acum indica $585.6 pentru 1 BTC si e in crestere ! La Dvs este "intzepenit" la 1774 RON (de aseara (!!) cred) Conform http://www.cursbnr.ro/ rezulta ca aveti un curs de doar $550.85 pentru 1 BTC Nu mai dau printscreen ca sa dovedesc ca nu vb prostii, dar diferenta este foarte mare, si nu cred ca ar conveni nimanui sa vanda la Dvs. Puteti regla acest neajuns, sa afisati pretul in timp real al BTC ? Daca ati putea face si in USD treaba asta ar fi si mai bine ! Pretul nu au cum sa'l regleze ei deoarece este stabilit de cerere si oferta. Daca vei cumpara tu de pe exchange cu 1900 vei vedea ca pretul se modifica. Nu platforma stabileste pretul ci utilizatorii ei. |
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This is not a good representation of the state of the security.
... bla bla ...
Good, bad... it is the only representation. Germican, same question (just give a straight answer, we are sick of theory, don't be another preacher with nothing to say in the end): What security worth investing in right now at curent price? Only one I think is Seedcoin SFI. The three bigger start up is btc.sx which is the first leveraged trading platform and just released multiple languages to have an international appeal plus the site is pretty easy to use. Mexbt is going into a great market focused on remittances from the USA to Mexico which is a great use of btc. Hive's waggle function allows you to pay them without scanning a code and just got released with litecoin added and from their posts here looks like dogecoin soon. All of those founders seem involved in the advancement of btc through conferences and social media. I do have minor doubts about Mexbt as I haven't seen their platform yet but I'm willing to accept that risk. Plus the head of the fund Eddy is very involved with the fund and doing conferences and talks online. The biggest reason I think they will do well is networking is a huge part of doing well as a business. If you have someone who can connect you with who you need on good terms you can grow rather well. Plus this was a seed fund all money raised besides the admin fee was invested so 0.00025 gets you approx 0.00075 worth of investments. Just don't expect a dividend right away. Business is slow early on and the thought dividends have to be paid monthly is non existent outside of btc securities. That's my opinion and Im invested in them. But i also have been burned by neobee, nxxs , and scharmbeck. So I've been wrong before. However my intent is not to push any specific stock rather point out that NotLambChop is making claims that misconstrued the data and provided no validation of his claims. I'm no economist but I have a strong back ground in medical studies where stats can say what ever you want them to if you say it the right way. Thank you for the straight answer. I wish you the best of luck on all your investments. (also quoted for posterity) -edit- Bitfinex is also a leveraged trading platform. -edit- |
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This is not a good representation of the state of the security.
... bla bla ...
Good, bad... it is the only representation. Germican, same question (just give a straight answer, we are sick of theory, don't be another preacher with nothing to say in the end): What security worth investing in right now at curent price? |
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What chances of wining do you have with your strategy?
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Initiativa extrem de buna de a adauga si usd si euro. De asemenea felicitari pentru acest exchange si serviciile oferite: ferificare rapida, transferuri rapide si fara probleme.
-disclaimer-
Nu este reclama pentru site, doar parerea mea de utilizator. Nu am volum mare de tranzactii facute si am inceput relativ de curand sa folosesc exchange'ul. Cand voi avea ceva de reclamat, la fel, nu voi ezita sa aduc la cunostinta.
-disclaimer-
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ya really- jesus-people are going to want a urine sample-dna-sperm,frozen and and living-fingerprints and a full biometric scan with contrast just to buy a cell phone... will someone buy this guys phone so i can cut the cake... you have done more than enough to prove yourself bro...best of luck to you...
ps. i am looking for a boost 4g if somebody has one
There had been so many scams and scams attempts on this forum that you may never be too coutious. If the seller is legit he would embrace the questions raised because he has nothing to hide and he can build trust by answering those questions, exactly like the OP did and he proved beyoun doubt that his product is legit and exactly like is describet in the title of the thread. I asked some of my friends to verify the third link that you said is a malicious site and none of them discovered anything. If you don't belive me you can check out yourself (online scaners for malicious url's, you can also use any thrusted scaner, this is just one example): https://www.virustotal.com/en/url/f668be22a89d04dd2b87b1d6ce265f8a2541704f53c271a9f8520cf3c5e95606/analysis/1403779025/ so I would kindly ask the OP to edit his post that says I spam malicious sites in his thread. Also check my trust ratings and you will see it's spotless and I want it to remain this way. Thank you and good luck. (also free bump  ) |
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The exchanges will never allow transfers directly on another exchanges. They can't because of the law.
This is not necessarily the law, but rather would make it much more difficulty to do AML due diligence so much exchanges would likely prohibit it. One way to get around regulation is to have each exchange have bilateral deal. Each one granting each other certain amount of fiat credit and settle it every few days. Then implement another portal on each exchange to grant user credit. This will by pass all the AML rules in place and not really violating any existing rules. Whil this is true in some countries but it's not true in all. Take Denmark for example, a country in EU that I was living for a year, although Pokerstars permit transfers of funds between accounts, there is not permited and I assume (I don't know for shure, but I imagine it's the same) they will not allow such thing. They have very strict police on money transmiting. Again, this is just my opinion on this, I don't know for shure and I may be wrong, but if you are right, in this way you could transmit fiat directly from Europe to China, America and anywere in the world bypassing all the banks and legislations. |
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It depends on the person. If you ask when the majority of people will feel confortable using BTC I think it would be after a very long time, surely not in our life time, maybe never.
The vast majority of people don't understand money, how they came to be and what they represent... how do you aspect them to understand the benefits of using BTC as a currency?
I think it is matter of time. Take a credit card as example. The Charga-Plate, developed in 1928, was an early predecessor to the credit card and used in the U.S. from the 1930s to the late 1950s. Until 1958, no one had a stable revolving credit financial system by a third-party bank; that was generally accepted by a large number of merchants, as opposed to merchant-issued revolving cards accepted by only a few merchants. Only in 1958, Bank of America launched the BankAmericard in Fresno, California and became the first successful recognizably modern credit card. So, it took 30 years... You are confuseing things. A credit card is not a new currency, it just provide the means to spend existing currency: the dollar. This is a different thing, I different ideology that many of my friends have a hard time understanding. Make an experiment: try to explain to a poor uneducated man what bitcoin is and you might be amaized of what he understand. Well, "yes" and "no". The things are different, but the human psychology and resistance to the change is the same. Indeed you are right, but the bigger the change the bigger the resistance, and BTC over usd it is a huuuuuge change. |
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I'll go to sleep now. Thank you OgNasty that in your vague answer had described a securiti that doesn't exist so confirming that there is none to invest at the moment at their curent prices, witch exactly what this thread is about. It would be best for you in the future not to engage in contradictions and lectures just for the sake of contradicting when in the end you can't give a straight answer to a straight question.
Have a great day everyone.
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Don't be. I don't make "investments" in BTC securities. The reason for that you'll have it if you look at the way that this securities performed over time. Anyway, I don't want to argue with you no more, you are right and I'm wrong. Just please tell me, with all your experience in finance and trading: What securitie do you recomand buying right now at it's current price? Please give me a straight answer, just name it. Thx.
I'm not an oracle. However, if I were to make a personal investment in a Bitcoin related security at current prices, I would look for an investment in a mining pool or perhaps an organization that has a structure designed to shield it from rising costs. I would also make sure to only invest in an entity run by someone active with a long history that I trusted. Yes, I get it. No answer after all this statments about financial education and experience and whatever you said. I didn't asked you to be an oracle, just to say one name that you think it's worth buying right now. I admited you are right and know what you're talking about allready, I'll take your word for it. The fact that you are unable to give a straight answer makes me to think otherwise (and maybe not just me, this is usually happens when you start to spin around your tail). My answer is straight and was from the begining (with my limited knowledge): there is none that's worth investing. You contradicted me in every way possible and showed your superioriti in finance and investments but in the end you can't give a simple answer. So tipic on this forum. -edit- So please, just say the securiti that, in your opinion (just your opinion to be clear, I'm sure you have a very strong opinion after all those economy lessons), worth buying right now. That's it, just one name (or more if you think there are more that's worth buying right now). -edit- |
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Don't be. I don't make "investments" in BTC securities. The reason for that you'll have it if you look at the way that this securities performed over time. Anyway, I don't want to argue with you no more, you are right and I'm wrong. Just please tell me, with all your experience in finance and trading: What securitie do you recomand buying right now at it's current price? Please give me a straight answer, just name it. Thx.
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What was the value of gold 10 years ago? was the price that people would pay for it. It wasn't the cost, it was the actual value. Same as BTC 2 years ago, same as oil 1000 years ago, it had no value because nobody was willing to pay anything for it. Maybe in the future we discover that we can make gold from iron and it's value plumets. It's it actual value that plumets, not the cost.
-edit-
Something can have value for me but not for you. For example I may be willing to pay $1000 for something without any value for you, like my dog, if I loose him. What is the cost of the dog? The value is the real indicator of value, not the cost.
-edit-
This statement shows that you do not work in the finance industry, and do not have any formal education on the subject. Your dog comment is actually in contrast to the rest of your statements and shows that maybe you do understand the difference between cost and value. For example, the cost of your dog may be $500. You may value the dog significantly higher than that, so buying that same dog would be considered the best investment of your life, even though when you sell that dog, all you're seeing is losses from expenses and you did not see any return on your investment. While this isn't a perfect example due to your assigning value on the dog, using some imagination and swapping the dog value with USD value, and the cost with the BTC cost of investment, you prove my argument quite well. ... Well, not everything in this life it's an investent. I don't consider an invetment by giving someone a reward for bringing me my lost dog. Not everything that has a value is an investment. A piece of gold that was extracted 300 years ago can change it's value but not it's cost. The real price of something it is given by it's value not by it's cost. A btc has the same value regardless of it beying mined 4 years ago with a laptop that cost $500 and consumed 80 W/h as the one that was mined 5 months ago with a Teraminer that cost (at that time) 15k usd and consumed 2.2 kW/h. The same Teraminer cost is constant but it's value changed. So the price is given by the value not by the cost, same as securities. |
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Maybe I'm one of the stupid ones, but isn't an asset's value determined by what people would pay for it on the open market (among other things)?
No, that is called the cost. Value is something different. I'd suggest you read some of Warren Buffet's writings to help you understand the difference. ... (the ... part have nothing to to with this, I'm not taking anything from the context) What was the value of gold 10 years ago? was the price that people would pay for it. It wasn't the cost, it was the actual value. Same as BTC 2 years ago, same as oil 1000 years ago, it had no value because nobody was willing to pay anything for it. Maybe in the future we discover that we can make gold from iron and it's value plumets. It's it actual value that plumets, not the cost. -edit- Something can have value for me but not for you. For example I may be willing to pay $1000 for something without any value for you, like my dog, if I loose him. What is the cost of the dog? The value is the real indicator of value, not the cost. -edit- |
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if you don't invest you have one chance to gain usd from a rising BTC and one chance to loose from a falling BTC but if you had invested you have to chances of loosing usd one from the falling value of investment and one from the falling price of usd (if BTC rise in value you would be better not to invest anyway). I really hope you understand now what I say and don't twist my words so you can be right about this.
Given this logic, you also have 2 ways to gain. You cannot say you have two ways to lose, and then ignore that you have 2 ways to gain. I'm OK with using whatever logic you want, but the end result is the same. Purchasing power is what matters when dealing with multiple currencies. I'm simply stating that you cannot currently measure purchasing power over time in BTC. Can we agree on that, or are you aware of some website that prices goods competitively only in BTC and does not adjust them per the exchange rate? Spoiler alert, one doesn't exist. It is not me who doesn't understand. I have decades of trading experience with multiple currencies. I would have been fired had I made an investment in Zimbabwe and then tried to justify it by saying that I was seeing huge annual gains in Zimbabwe dollars. That is in essence what you are all doing with the line of thinking in this thread. I really hope you understand now.  There is a reason why all major companies that you all get excited about when they start accepting Bitcoin use USD to establish their pricing and not BTC. The securities (I use this term very loosely) exchanges don't price in USD for legal reasons, and that tricks the weak minded into not seeing what is going on. Hence how so many people without global trading experience come here and complain about all BTC securities. They simply don't understand what they're doing and try to blame the market instead of themselves. You didn't had two ways of gaining. We talk here about facts that happend, not in theory. In theory of course you also have two ways of gaining if you invest in the right securiti. The point is this: until now that didn't exist (except for Asicminer). Let's both face it: investing in btc securities was a bad ideea, and we talk here about buying at the IPO and holding, because I admit there are people that made good money trading those securities. Please understand this is not a fight and not about who is right and who is wrong. It's just the fact that until now bitcoin securities had only brought big loses to investors. |
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