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721  Economy / Auctions / Re: FAST AUCTION BITMINE COINCRAFT DESKS on: June 21, 2014, 10:39:26 PM
In that case you had some bad luck I guess, but then again you should do your own due diligence before giving money to someone for something (a person, a company or any entity of any kind) because nobody will do it for you.
722  Bitcoin / Bitcoin Discussion / Re: Bitcoin is A joke and will never last. on: June 21, 2014, 10:25:56 PM
The average consumer is not going to partake in bitcoin when transactions can take hours or even days (currently waiting 3+ hours to move money between accounts). Bitcoin is a fad and will never be a real currency due to the massive draw backs that are built into the currency itself and can not be counted. One of the reasons to use Bitcoin was due to the low fees. The fees will continue to raise as mining cost increase and people have to pay higher and higher fees just to get their bitcoin moved to a new location.

You will never be able to walk into a shop and just pay for an item. You will have to wait untill the transaction is confirmed which is currently taking hours and will eventually take days/weeks.

Bitcoin will fail once a better digital currency is introduced.


Gold has the same limitations as Bitcoin, on a higher level, but did you see it fail over thousands of years?
723  Economy / Trading Discussion / Re: Trading Bitcoins for Pokerstars Money on: June 21, 2014, 10:21:49 PM
I would advise you to use escrow. There are many very trusted persons in this forum who can act as escrow.
724  Economy / Computer hardware / Re: [WTS] 16XAntminer S1 on: June 21, 2014, 09:11:52 PM
He wants to host miners because he claims of having free electricity, but I don't really trust sending $1000's to a random
person or stranger in a random country that I don't know of.

are you interested for my offer? you can try 1 unit S1 for test.  Smiley

clubminer=lightlord Huh


Ok, I understand. He probable sent you a PM where the confusion on my part. Anyway, good luck with your sale.
725  Bitcoin / Mining speculation / Re: Is Pbmining.com charging any fee? on: June 21, 2014, 08:58:56 PM
no they currently dont charge a fee, only thing they charge is the price for their 5 year contracts.

check out my sig if you want to test their service out Smiley                 ------------------->>                       \/

Has anyone calculated if this offer can get ROI in some time scale ?


You can do it yourself: https://bitcoinwisdom.com/bitcoin/calculator. The only thing that you must predict is the difficulty rise.
726  Bitcoin / Mining speculation / Re: About to turn off my mining rigs on: June 21, 2014, 08:54:54 PM
Shut my farm down at the end of May.  I'm on a tiered electrical plan and comfort became more important than profit. I live in a hot state and need the AC on. Now what to do with this almost worthless gear? 2.6TH/s of misc  lol...

Dont know if I want to hassle with shipping or not. This stuff can probably just collect dust in the basement. It served me well.

Regards,


You can try to sell it. Many people have free electricity or t very low cost, I'm sure you will find someone interested in buying.
727  Bitcoin / Mining speculation / Re: $522k in a day on: June 21, 2014, 08:51:24 PM
If you put it this way, I supose it could be done (I think PrimeCoin is something similar to this, but I could be wrong). The part with "no real benefit" made you look like an ignorantt, but again, I may be pulling it from the context.
728  Bitcoin / Mining / Re: Bitcoin Generator? on: June 21, 2014, 08:43:39 PM
Don't search for information about Bitcoin on youtube.
729  Bitcoin / Mining speculation / Re: $522k in a day on: June 21, 2014, 08:32:33 PM
Your calculations do not take into consideration the fact that devs are making machines that are more efficient.

It also fails to account for the fact that everyone does not pay the same amount for electricity. When enough miners start to take their miners offline the difficulty will start to fall, making it more profitable for others to mine, giving them an incentive to buy additional miners

Still, even taking into consideration all those variables, IT IS CONSIDERABLE AMOUNT OF ENERGY spent on a calculation of no real value.

How about spending even a fraction of ANY electricity on ANYTHING that serves a real benefit in addition to managing the blockchain?


No real value you say? How can you bee so ignorant? How much money do you think banks are spending in a day (on rent, electricity, security, etc etc etc etc) so they can operate and steal our money?
730  Bitcoin / Bitcoin Discussion / Re: Wake up people! Banks are not governments. They can't make things illegal! on: June 21, 2014, 08:18:48 PM
Banks are not countries. Banks are not states.

Bolivia did not ban bitcoins. Bolivia's banks did.

Nevada, New Mexico, Arizona, etc.  are not warning against using bitcoins. Their banks are.



Saying that a country bans bitcoins when their main banks ban them is like saying that a country has banned Whoppers because McDonalds in that country has banned all Whopper sales in their restaurants.


News alert, banks do not transfer bitcoins. Banks do not hold bitcoins in their accounts. Banning their use in their banks is meaningless.


It may be but most of the time banks controls governments.
731  Economy / Computer hardware / Re: [WTS] 16XAntminer S1 on: June 21, 2014, 08:10:03 PM
Nevermind, I probabl misunderstood.
732  Economy / Securities / Re: [XXXProfit] Reports & Information - June 15 Revenue Posted & New ANNOUNCEMENT on: June 21, 2014, 08:05:48 PM
Looking to buy shares. PM me.
733  Economy / Auctions / Re: FAST AUCTION BITMINE COINCRAFT DESKS on: June 21, 2014, 08:04:14 PM
cryptx are you ever going to bother answering my PMs?




No, he will not.
734  Economy / Auctions / Re: FAST AUCTION BITMINE COINCRAFT DESKS on: June 21, 2014, 08:02:37 PM
He seems to log on at least every morning. No posts.
Has anyone heard from him privately?

It's been over a week, and it's now apparent that he has no intention of answering.

I've left negative trust in his feedback profile as it's the only thing I can do.

CriptX has confirmed that he provided insider information for big holders of his Peta securities so why did you trusted him in the first place?
735  Economy / Trading Discussion / Re: Poll : do you trust an exchange to hold your bitcoins ? on: June 21, 2014, 07:52:18 PM
I don't trust them but I'm doying it anyway. I usualy look for signs when something start to go wrong and until now it worked.
736  Economy / Trading Discussion / Re: Bitcoin arbitrage method (6%) on: June 21, 2014, 07:48:41 PM
if this is scam, why it is up here since over 2 weeks and moderators didnt clean it? :/

Bitcoin talk doesn't remove probably scams (caveat emptor, or buyer beware).. But I think arbitrage has had its day.. Back when btc was between 2 and 12 dollars, one could make a lot of money arbitraging. Thats how I made most of of my coin. Now, its much more difficult, still can be done, but there is a lot more risk involved.

True arbitrage is not possible with bitcoin as you cannot move your bitcoin instantly without your counter-party risking a double spend attack  


It is possible if you already have the bitcoins you need to buy/sell in place (ex: on another exchange). Anyway, every arbitrage "investment" has proven to be a scam until now so invest at your own risk (loosing your investment 100% most likely).
737  Economy / Trading Discussion / Re: How do I know my BTC was received by the other person? on: June 21, 2014, 07:43:30 PM
you can see in receive . thats you will see who sent you btc and how many you got .

He doesn't have a "receive" for the address he has sent to. The answer is (if it's not clear from the posts above) blockchain.info.
738  Economy / Computer hardware / Re: [WTS] 16XAntminer S1 on: June 21, 2014, 07:27:43 PM
are you interested for my offer? you can try 1 unit S1 for test.  Smiley

clubminer=lightlord Huh
739  Local / Minerit / Re: Recomandare pool btc on: June 21, 2014, 06:42:05 PM
Pentru ca ar controla mai mult de jumatate din retea. Sper sa formulez bine ce zic acum: reteaua Bitcoin se bazeaza pe un consens intre cei din retea, daca tu controlezi 51%, 'consensul' il faci tu, pentru ca reprezinti majoritatea. De exemplu, poti face double spending daca vrei.

Da, ai formulat chiar bine. In plus fata de double spending poate sa "interzica" altor mineri sa confirme tranzactii. Ca si analogie Bitcoinul este ca democratia: daca un partid detine 51% din voturi poate sa faca... mute, chiar sa demita prim-ministri.
740  Local / Minerit / Re: intrebare despre folosirea la mai multe computere on: June 21, 2014, 06:36:53 PM
Nu se mai merita sa minezi cu desktopul, sub nici o forma. Dar daca totusi tii neaparat, macar asa pentru experienta uite ce trebuie sa faci:
  -Te inscrii pe un mining pool (nu neaparat pentru btc, ci poate fi pentru orice alta moneda, ideal in cazul tau sa gasesti monezi cpu-only cum ar fi PrimeCoin, dar este posibil sa se fi scos versiune pentru GPU intre timp, de cand nu m'am mai interesat de alturi...)
  -Iti creezi cati workeri ai nevoie (respectiv cate calculatoare ai)
  -Instalezi pe fiecare calculator softul de minat (ex: cgminer, sgminer, etc etc) si conectezi fiecare calculator la pool'ul respectiv fiecare pe workerul lui.

De aici trebuie sa pleci, detaliile (ex: setare soft de minat pentru performanta maxima) raman in seama ta.
Mult succes.
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