Did you notice the 20,000 bitcoins being sold in one shot. This was probably why the manipulator pulled out at this point.
20.000 bitcoins are like 60k USD. Don't forget, Christmas is coming and somebody wants to buy gifts. This guy must have alot of relatives  I am about 80% sure that this guy is none other than our venerable and respected honorable member, BitcoinExpress, cashing out and leaving the rest of us fools holding the bag. Well done mate, you had us good !!! |
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I am sure BFL guy will explain why it has been delayed either on the website or in this thread  Waiting for the scam to arrive ? |
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I understand you're argument; you bought most of your hardware recently and are in it for "the long haul".
But the same argument could be applied to FPGAs -- why not go all out and be king of efficiency?
It's basically your strategy on steroids. Spend even MORE money for an even MORE sure-fire ability to beat the competition. Funny you said that. My goal for 2012 is FPGA. No reason to shutdown the GPU rigs though (until they are no longer profitable). BTW. No need to sell entire rigs. I simply swapped out a hodgepodge of GPU (6950, 6970s, 6870s, 6850s) for what I found to be the most efficient setup (3x5970). It really didn't cost much out of pocket as for some reason the 6950 junk sells at a premium and the 5970s at a discount. I don't understand it but I was happy to take advantage of it. FPGA will be essential for all miners but it likely will take some time. The price of bitcoin for mining is pretty much meaningless. Bitcoin could go to $30 US tomorrow and as long as miner's felt confident that it was sustainable you would see difficulty rise until the same people who are break even @ $3 USD are break even at $30 USD. Knowing you are more efficient than the median miner is a comfort. The price of bitcoin doesn't really matter. OK so then people with cheaper electricity are pretty safe then . |
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IMHO if you are not off by now you are either stealing electricity or the most efficient miner alive.
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The price pumpers were only able to get it up to 2.27 this time. Nobody is taking the bait.
As soon as we hit that $2 wall, it's going to disappear.
I disagree. It's very clear from what has happened every single month for the past 3 months that the price is going to bounce around for a while. I won't say it won't go below $2. But it won't go very far below $2 and not for very long. There will be at most a week of sort of bouncy semi-stability, and then it's going to jump up, maybe hit $3 or close to it and then go back to the typical stability somewhere below $3. Same was said at $10 and $5. The reality is that price will keep on falling as long as there is free electricity miners, stolen coins, block reward of high 50 BTC, early adopters like BCX with 250 000 coins. Right now the best thing to do is to short and sell as quick as you can. You are a fool if you are buying now. Even $2 is vastly inflated at the moment. $1 sounds likely. Remember the $100 by Xmas guys yeah ? LOL. |
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I guarantee you that in two weeks the price will be below $3
-Nov 7th Call me a clairvoyant. i just realised Dan the Man is short for Dan the Manipulator... that's how come he always knows what's going to happen. Hehe. We found him ! Bring the pitchforks. |
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Gonna make that 25 Nov. deadline for the "boxrig" or not Mr. Scammers ?
I have every confidence they will make the deadline. Whatcha talkin' bout, Willis? You know something we don't? The deadline is just for them to begin accepting pre-orders, so there's no reason they won't make that. Yep. Sorry I formulated wrong. They surely would love more preorders of the magic unicorn ! |
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You guys need to hurry up :
-rescan functionality still not working
-wallet encryption not working
-GUI nowhere to be found
-alternate clients without TX fees requirement ?
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Gonna make that 25 Nov. deadline for the "boxrig" or not Mr. Scammers ?
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The only thing "the manipulator" wants is for the price to go down. There is no profit motivation in the way that he sells.
He sells on Sunday night/Monday morning knowing that most MtGox accounts do not get filled after the weekend until Monday evening.
If it was someone wanting to drop their BTC they would wait until during the week and drop in small portions when the price is high and people have cash in their accounts.
Makes me think of something someone mentioned where they had a conversation with an NSA friend of theirs who said that Bitcoin would be gone in 2 years. The government already does market manipulation, they would not need much to destroy Bitcoin from a financial perspective.
Been saying this all along. Get the price down enough so that nobody is profitable anymore -> miners quit -> difficulty drops -> system can be 51%ed very easily without $13 million etc. -> our wallets are wiped -> people lose confidence in the system -> no more problems with SR or other illegal things the gov. did not want you to buy. |
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Did anyone sell into and wipe out the 50,000 bid wall? Last I looked it was 47,000 at 2.5 at 136,000 volume.
I see price dropped down to 2.3 since then and volume is now 270,000. Did someone wipe out his 47K bidawll, and he placed it back?
nope it was moved there, and some people panic sold into the rest of the orders, doesn't make sense but people are jumpy.. Is this all over now ? Price going to $1 soon ? |
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......They're supposed to be for registering .bit domains.
Right and we all know how useful and easy to use the whole DOT-BIT system is. NMC is fail even when it is working as supposed to : -no damn GUI -no way to encrypt the damn wallet -no way to rescan the blockchain as the "-rescan" throws up a database error FAIL ! |
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I have only one request. When you invent that revolutionary dead person -> new person technology please can I have a go ? Thanks !
On a serious note : think about what a noob would think if this was the first post he read on our forum. No wonder the price is going down.
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I just tested this myself using the exact version client and os x and no outgoing connections here. Are you sure you dont have another program that was attempting to make an outgoing connection at the same time? Well if they put a backdoor they might only put in Winblows client which is easy to fool people. I find it hard to believe this is anything but a classical backdoor maybe sending list to gov. of who is using the software. Told you : don't use the official client ! |
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... 0.00481 to be exact You can bid anything you like, money doesn't have to be involved  I'll decide who has given the best offer sometime this week. First ! Do I get the BTC ? I bid my position of being first |
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It's the stock client from the Bitcoin.org website. Just downloaded and installed, no compiling or third party sources. If it's something malicious it may be happening to others without them noticing. It isn't detected by the system firewall. I use a network monitor/outgoing connection firewall that catches it.
We are in deep trouble then. From official website ? Maybe it has backdoor !? |
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All I can guess is some kind of routing issue. I'm connecting from California, and I've been testing out poclbm for NMC stale rates. The most my logs show are a single comm error that sometimes shows up a second before a longpoll, never has to do more than 1 retry.
Did one restart just to see if anything changes for the few people having issues.
I'm still getting allot of error's. But my hashrate and shares per minute are still good so I'm not really worried about it. I'm just reporting information. The web site is very intermittent too. Thanks for checking, Sam Sounds like you're having a routing issue, 100%. On my end (and I'm halfway across the country, so it's not a local test), I've yet to have errors and the website has been loading instantly. Nothing I can really do about that. Could be local on your end, could be your ISP, or could be a random router between you and the server acting up. Website works for me in London always. |
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Great. This scammer thread is now a betting thread !? This community never ceases to amaze me.
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Can you add in DGM to your test? I would like to know how my pool compares in a real world scenario.
LOL. Never heard of double geometry stuff till now. How does it work ? |
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I think more speculation is the way to go.
$100 by Christmas anyone ? It still is possible. Buy now !!!
Can I send without compulsory TX fee ? If not, then it is fail.
you speculate with bitcoin but you're to stingy for a 0.000xx fee? LOL. Do you really think this spirit brings bitcoin forward? I think this is really not your thread - or your just the usual Troll. Yes I am damn stingy for a fee because the miners DO NOT NEED IT right now due to the massive 50 BTC block reward and also only pool OP gets the fee normally and if it is not compulsory in the damn protocol / network why make it compulsory in the damn client ? Will get my own damn client without any damn TX fees. Scammers ! |
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