Hi, cannot understand how do you suggest to normalie CNY and USD? what conversion rate do you use for comparison?

Big hashrate jump in the last couple of days.  Is HashFast testing stealing customer profits prior to shipping?

Thinking about it further, it'd be really interesting to incorporate $/GH Delivered, especially if depreciation could come into play (as a Bitfury depreciates WAY faster than a good GPU).. Sadly I'm not that motivated :p

So I've been hearing a lot lately about a currency called the "US Dollar" but I'm really hesitant to invest in it at the moment.  For those of you that don't know, "dollars" are pieces of paper are printed by a centralized authority called the "Fed", which distributes these "dollars" by purchasing Government bonds that keep the government and its people permanently indebted to the Fed.  Also, dollars used to be backed by gold, but now nothing really backs them except tradition as far as I understand.

Economically speaking, the dollar started the year at 1/15BTC, which was pretty good at the time, but it then hit an all time low of 1/395BTC on Mt. Gox last Friday.  I was thinking that maybe it could be a low and a great time to get in, but I find it a bit scary.  Especially when considering that the dollar has lost over 96% of its value over the past year, and the government associated with it is arguably the most fiscally irresponsible organization in the history of the world.  

However, it did great at the end of last April and part of this last weekend.  Oh, and it was kinda decent in June too.  I just don't know...  

Whatever shall I do?

I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

There is a 0% chance that you can recover any files from her PC without paying - the people that code these viruses do know their stuff and crypto.

Even if you pay, there is a chance that you won't get any decryption key. After all, customer service is not exactly what these guys are up to, as most of their customers don't want to deal with them in the future again.

You help her best by getting her a backup software, reformatting the PC and showing her how to do backups in the future. If you want to, you can try to pay the criminals instead, though I have my doubts that it'll work. Once Bitcoin ATMs become more widespread, these kinds of "data kidnapping" will also spread out, they already accept other digital payments like paysafecard for quite some time now.

chronic UTI. The bacteria (there are several) are pretty much normal flora in different parts of the body (like intestines). yeah, its my prostate and what I always get is "you are the first case I see this young and this bad". I have been through a lot of shit, even giving myself full infusion when I thought my insurance wouldnt pay.

https://cex.io/maintenance which works out to be around 3% of the mining profits whilst mining.

Are you just extending the exponential growth rate of the past month or so out a year?  There's no way its going to continue like that.  Sure there will be high diff jumps down the line, but there's simply not enough silicon being fabbed to continue that growth indefinitely.

I think the more accurate estimates are based on Bitcoin ASIC machines actually in the pipeline no?

I tend to agree with Peter Schiff, the dollar will invariably collapse because it's being printed like there's no tomorrow. Or if the Fed pulls a Paul Volcker and shuts off the spigot, the US (and perhaps the rest of the world) will enter a deflationary depression. (Holders of "hard assets" like gold and bitcoin should probably fear that outcome the most.) That doesn't mean the USD will automatically do a Zimbabwe and die completely, but the US could experience >>20% CPI inflation, especially if the rest of the world no longer wants all those printed dollars. And if you start WW3 to try to force the Russians or Chinese to accept USD, then we're all doomed anyway.

This is typical sentiment of a 5th wave. Momentum is beginning to dwindle and divergences are appearing in underlying indicators. This is also the point where the average investor begins buying.

It's good being a bear! Only a bear can increase holdings without any extra investment.