I just don't understand why people don't use the wireless option. It works really well. I wish S2 was wireless. Less USB or ethernet wires all over the place. Plus the data that goes through does not consume a lot.

+1

Chinese can ban as much as they want. But Bitcoin is the future. The technology in which I can just bump a wallet against your wallet to transfer will be coming soon. Look at the trezor. Its a neat device.

Yep, get an antenna. It worth the price. The fact is 8 Antminer S1 only take about 500-600 MB of data in 24-48 period. Good luck with mining. Have fun and get that BTC.

I would try to do the wireless. Its what I am doing. Its much better. Can you login your belkin router? You can find the IP address of it. Can you do some screen shots. What is your miner config setting?

For me. I do it wirelessly. I connect through ethernet port to change the settings. Then disconnect/stop the ethernet setting once it said connected.

Do you have screen shots.

Do you have wireless?

No matter what the Chinese government does. They will not and CANNOT STOP THE POWER OF COIN. As long the West gives it value. They can resist as much as they want. But eventually fall victim to BTC. Chinese people love money lol.

This is what I think BTC China will do. They will rebrand themselves. Work with HK banks. Institute the voucher system. Then whoever want there funds would exchange the voucher out for funds by wire transfer. Hong Kong is whole different beast.

I always say if there is will there is way.

I have contacted COIN EX, plenty of times. Never got back from them. AVOID guys. For some reason I sent my TEA coins to there wallet address. No reply. Luckily it was not BITCOINS OR LITECOINS OR DOGECOINS. God Forbid.

The Chinese might be wealthy now, but once they tap out of resources and eventually have to import everything you'll see the dynamic shifts change again.

Same goes with BTC. The Chinese are selling there equipment and everything, but once they tap out of resources and then what? The chips on mining hardware needs a special element to be made. It will cost them a lot more than before. The Chinese lack of care of their homeland shows that there will tough times ahead for them.

I believe the BTC market China is perfect time to capitalize. I am not sure if any of you are in Shanghai. I planning to go there and trade the surplus of BTC that they have and bring it back to US. The change will only happen with CCP realizes that they are missing out on something will actually help there economy. If more vendors in China take BTC. It will help the CCP to collect more CNY. Although until they realize that they are missing out something big. They will always be a step behind. Its really sad. The CCP could of changed the way they do business and much more efficient way. As I mention before, if you have billion citizens, they need jobs. By limiting BTC trade your only hurting your own economy. The smart thing for CCP to do is to tax instead of banning it from banking system.

There are always winners or losers. Although limiting opportunity is shame. I would exploit the China market and hoard as much of BTC there as you can. The price will jump again. The infrastructure is getting put in place. The system is flushing out the black market, conns, and hackers. The virus and bacteria of the system. Thank for VC for pumping in funds and creating secure exchanges. I believe faith is biggest thing in anything. The Chinese don't have the conviction and faith as we Americans and Europeans/Canadians. VC aren't dumb. They don't throw money if they are not going to make a profit.

The infrastructure in the North America and Europe will technologically more develop than Asia Pacific because the belief and conviction that will work. The Chinese will lag behind. It takes all time for businesses to accept, implement secure transactions, and create a system that efficient. When the CCP decide to ban it from there banks. They are taking one step backward. They will lag a generation. I would not be surprise. There will be a point where mining won't be profitable but conducting business transactions with the coin.

If any of you are in China. I would exploit the fear of the Chinese and obtain BTC at a good price. It nothing personal but business. The Chinese already kind of hurt BTC from the pump/dump thing that they have going.

For me its means opportunity for BTC pie for N.America and Europe. The more coins we can hold on to, the better. When the price does go da moon and 10k per coin. Because fiat currency is worthless. You'll definitely be enjoying that margarita on the beach with you hot girlfriend or wife. Because your the one that decide to hold onto the coins when they were at 400$.

Bitcoin is here to stay. I always remember that my professor mentioned. First movers into the market will always have advantage.

Buffet and economist who predicted the collapse of USA 2008 are generations back. They don't understand Bitcoin. The new "IN GOD WE TRUST" IS BITCOIN.

Every fiat currency in the world is based on trust. Trust is what make things work. The USD is backed by NOTHING BUT THE NAME OF THE WORLD CURRENCY.

So I would horde as much BTC that you can afford. Mine and be vigilant in telling everyone you know. The more publicity and more awareness will equal legitimatization. IF everyone in the BTC community sat down with 5 people a day and Debunking the fears of BTC. BTC will be going to the da moon.

The problem with scammers is that they will always be there. No matter what sector.

The United States has been world leader because? Why? Innovation. We use to do brain drain from other countries and offer better opportunities. Now United States teaches its citizens settle with a job. The problem is we need citizen to create not settle for jobs. Hence why Corporations are becoming to big to fail. Corps threaten state gov to Fed gov if incentives are not provide for the Corp. We going to move your jobs. Americans have become dependent on Jobs. We need innovation. We need Americans to go over seas and bring the money back home to the US. Create businesses aboard.

The reason why Warren Buffet is what he is today because there was opportunity back then. He is fortunate person. Although for him to bash BTC is sad. He lived in a time where the 1 percent did pay there fair share. Where multinationalism wasn't a thing yet. There was cooperation. Now we live in Machiavelli type of situation. Also the laws are a lot more complicated. You can't even do you own Tax return without an CPA to check it. God forbid an Audit.
Even the wages were above average. Has anyone read his bio on wikipedia. He was able to save because he had opportunity to make money in order save. You can't save if your unemployed.

I never understood why everyone believes China's CNY will become the worlds currency and super power of the world. It won't. The Chinese economy is ticking time bomb like USA. The government owns the companies so if they go under so does the government. The Chinese have been putting all its eggs in one basket by relying on exports. It takes one person to invent a new way of manufacturing that does not involve a single human being but handful of technicians. Then you'll see all the jobs disappear from China. Companies only care about the bottom line. The Chinese will be having a big aging population which means less productivity.

The problem with the Chinese just backing CNY with Gold is the fluctuation of Gold Prices and finite amount of Gold. The Chinese government has to oversea 1 BILLION people. If you peg your currency to Gold like we use to do. Your going to run into some problems of having enough money supply. I believe China is lacking innovation. No country can just become great in manufacturing and holding Gold. Its all about innovation and create new money. Besides China will lose a great deal from the US Dollar losing its World Currency Status. You tank the US economy. China will have nothing in terms of manufacturing. The Chinese are solely dependent on Americans buying and the West.

The chinese might have surplus but how long will that last? Innovation in manufacturing will eventually make people obsolete. When it will be easier and cheaper to hire robots to do work.  China needs to wake up and start developing innovation tech instead of relying on manufacturing. You can horde all resources you want. Although when the income that coming slows down and you don't have any new innovation that when your in trouble.

The Chinese already have polluted 92% of their lands. Importing food for 1 Billion people can get very expensive.

I agree, I believe why they are so anti BTC is because deployment from West. China has one of most unfair trade practice. Chinese are basically scared the flow of capital will leave the country if they institute BTC. Although if China does not get on board. They will lag behind once again. Lets face it, its going to become more practical using BTC especially with the new wallet hardware wallets coming out. I don't like carrying fiat currency. Banks charging 45$ transfer fee on top of 2% conversion. Its freaken ridiculous. The banks can kiss my ass if it takes any work at all to initiate a bank transfer. On top of it. The government might freeze your money supposedly suspicion of terrorism which is retarded. The majority of the reason why governments freeze bank accounts is the tax $$$$$$$. The reason why terrorist are terrorist is that they cause terror not opening bank accounts.

The problem with the theory of cheap coins if few of them gov elites do decide to buy boat loads of BTC in China and Russia. Then turn the laws around. The supply and demand theory of the market regardless will go up because a group or someone out there will be buying up the supply.

My belief is that China and Russia believe its ploy from the West to get more capital to flow out of those countries and back to the West. A lot of people I know in China would rather have USD instead RMB because USD is the world currency at this point. USD will be accepted anywhere. I am not saying RMB is not worth anything, but the fact is USD is world currency. So everything that needs to be purchase will have to be in USD. Whoever holds the world's currency stats always benefits because its forced notion that you have to purchase everything with USD on the market.

Dude Its as close as you can get banning BTC when you decide not to let your citizens do any transactions associated with BTC with your local bank.

The Chinese will always lag behind if they decide to ban innovation like BTC. I believe the issue with China is the mindset and openness to new technology.

One good example is China has polluted most of its lands due to manufacturing. They sacrificed there food supply for manufacturing. They have not really instituted laws that will preserve the country instead destroying it from the bottom up or embrace cleaner manufacturing styles.

Everyone says China will be the next superpower. Although if you look at there pollution rates, population growth, laziness of the next generation, close minded to new technologies, and lets not forget rampant corruption. Its in big trouble.

If you guys ever go to China. A lot of the newly built buildings are only 50% occupied.

My hope for China is them changing there ways.

Thanks guys. I love this community. I am planning to use my 4G LTE. I get 10 GB a month and pay AT&T WS 150$ a month for there overprice services. I was planning to use this guys. Let me know what do your think.

https://cradlepoint.com/products/small-business-home-office-routers/mbr1200b-small-business-mobile-broadband-router

I know it might be high but I want to utilize my 4G LTE on my wireless plan. I want to beat out every single penny from AT&T plans.

Its kind of ridiculous if your exchange and don't give users there coins when they need it especially when your an exchange. Thanks for the help. If I don't get reply back from CoinEx. I am going to put up update.

I am looking to purchase the dragon miners. My only issue is that I have a crappy and I mean very crappy verizon router. Is there a way to bridge a connection with a router? If so any suggested brands.

Another thing will it work with those wifi adapter that plug into the USB. Always wondered?

Any thoughts or suggestions would be great. Thanks

Hi everyone,

I sent 1500 TEA coins to my COIN EX account in order to trade them out. The balance has not shown for 4 whole days, but my Wallet and the network verified I did send them to generated address that Coin EX gave me.

I sent them email but no replies back. Coin Ex never had an issue before, but it now its becoming sketchy. Any advice to recover the 1500 TEA COINS. LUCKILY THEY WERENT BITCOINS.

I agree we need someone to step in. Someone can fill shoes and make a bundle.

I am upset that the chinese have been ruining BTC and been doing a great job doing it. How is adoption going to happen if they keep dumping and pumping.