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61  Other / Beginners & Help / Re: Watch out for scam pools on: May 06, 2013, 03:49:33 PM
I like BTCOxygen. They've been working well with a low fee for me for months. The only thing I don't like is they don't have email/SMS notifications if your miners go down.
62  Economy / Computer hardware / [WTS] 5 60GHps Butterfly Labs Single SC preorders - January 4th on: May 02, 2013, 06:05:24 PM
I have 5 Butterfly lab preorders made January 4th with order # 158xx. These can be bought individually or as a pair. I accept bitcoin and paypal, but with paypal payments you will need to sign and notarize a contract regarding this sale. For all sales, I will send a contract detailing my responsibilities.

As expected, this is for the preorder spot. Once I receive the unit(s) from Butterfly labs from this order, I will remail them within one mail day* using USPS it-fits-it-ships packaging. If you want other shipping, you can arrange it with me, FedEx and UPS are pretty convenient for me. I will send to you whatever is in the box, which means if it's 65 GHps, then good for you and if it's less then this is an issue to take to Butterfly labs. I am not offering a warantee on these units, but BFL has given them a lifetime warantee and I will not operate or modify the units in any way except as to repackage them into the shipping container for remailing.

I am a highly trusted member and previous reseller of BFL products. You can see a previous sale thread here.

* if it becomes apparent to me that some of the units will arrive while I am out of town and cannot remail the units within 24 hours I will send in advance one of my earlier orders for you to use until I get back home. At that time, you can choose to keep that unit, or we can mail swap the units. This will be done in a way so that you will have at least the same amount of days mining, but some of them a few days earlier than expected, and I would pay all shipping for this.
63  Other / Beginners & Help / Re: Why bitcoin doesn't need a password? on: April 19, 2013, 02:32:45 PM
but why you need password on your local machine wallet?

Because malware.
64  Economy / Trading Discussion / Re: bitcoinity.org/markets - live bitcoin price charts on: April 18, 2013, 03:41:09 PM
Nice update, like the red/green "shadows" on the price line.

Yeah, I'm really digging it. Additional info in a neat presentation.
65  Economy / Marketplace / Re: Stefan Molyneux of Freedomain Radio now accepts Bitcoin donations on: April 09, 2013, 03:31:07 PM
OP, please edit this post! This is no longer Stefan's donation address. he suffered a problem with his wallet getting corrupted and no longer has access to it. But people keep donating here (over $40k in there), and I suspect that this is a high ranked google response to "Stefan Molyneux bitcoin". You can find the latest donation address at his site:

http://www.freedomainradio.com/Donate.aspx

Edit: OP edited the post Smiley
66  Economy / Speculation / Re: Anyone have fundamentals to support a higher value on BTC? on: April 03, 2013, 04:16:37 PM
I think today's jump is a bit much, but overall

- Bitcoin inflation cut from 25% to 12.5% in late November.
- Internet celebrity and million Kim Dot Com unequivocally endorses bitcoin.
- Gambling world on fire with bitcoin news from Satoshi Dice making $500k/month to large internet poker sites accepting bitcoin for funding/cashing out to even opening bitcoin tables.
- Spanish hedge fund announces they have $3m in bitcoin holdings and are seeking the ability to sell to Americans.
- FinCEN releases a statement legitimizing distributed virtual currencies.
- Euro troubles indicating hard times for the fiat currency in the future.
- Bitpay announces $5m in sales in one month. Bitcoinstore shows $500k for their first quarter 2/3rds of which they were in beta. Basically, there is strong evidence that you really can get sales and that the white market is eclipsing the black market.

Does it add up to a $1.5b market cap? Maybe not, but markets tend to be forward looking (meaning the price rises first and then the support comes after).
67  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 03:40:28 PM
Final Verdicted: BFL failed.
Major:
  • Didn't meet deadline (just)
  • Potentially an employee is the source of said "evidence"
Minor:
  • Non credible photos (taken by some other than poster - BFL [JOSH] )
  • Advertised hashrate is in question.

My personal feeling is that the deadline wasn't met, but I acknowledge others that say it is ambiguous.

There is no way an employer/employee relationship has been established. This has been pretty thoroughly covered.

The hashrate is not in question. The other unit in the pictures isn't plugged in.

The "credibility" of the photos is a little subjective here. I personally feel the intent of the phrasing is to discount any photoshopped images. It does not refer to who took the photos as long as people believe that the photos are real. The secondary evidence of Luke-Jr's mining rate graph gives credibility to the photos. I also feel that credibility can be established post hoc.
68  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 03:01:55 PM
I think the major hinge is that BFL needs (someone like) Luke to finish the product. In that respect you can only see Lukes visit as a form of employment, even if they payed him in smiles.

What? No they don't. They promised ASIC mining devices, not mining software.

Again, I went to Sun Microsystems in 1996 to do a tech demo of a Java product my company was working on. At their facility, they gave us early access to the now failed Java workstations to test our product on. You could say that Sun needed some like me to work on Java applications for their Java platform to be viable, but at no time was I ever employed by Sun and indicating as such on my resume would be considered fraud.

69  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 02:32:30 PM
There is a difference between being an 'Employee' and a 'Contractor'

True, but he's not even a contractor. I would bet a bitcoin that BFL is not going to send him a 1099, nor are they required to.
70  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 02:29:18 PM
I don't agree as the word 'device' used in the bet means to me a device like the one BFL has on the pictures on their sales page. All i see in the pictures is the same prototype device.

Another thing that bugs me is that Luke was put into service by BFL a while back so he could work on their product. During this time he stayed in a hotel. If the money was payed out of BFLs pocket i see this as a compensation for his involvement with the product and that would make him a BFL employee by my definition.

I would not confuse paying hotelling expenses for a client or business partner (which Luke-Jr is both) with being an employee. Every company I've ever worked at has expensed out visiting clients, and I myself have been expensed by other companies for various reason, for example Sun Microsystems for a Java product technology demonstration in 1996. If there was any kind of employee relationship in any of those cases, I would have been in violation of federal law, but I wasn't because paying expenses for a visit constitutes no such relationship.

As far as device goes, the bet is poorly worded and in general poorly formed. It too loosely defines device, and since this is the final device that Luke-Jr is getting to fulfill this order with BFL, it appears to be fulfilled.
71  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 02:13:41 PM
This customer cannot be a BFL employee.

Exactly, Luke-Jr is not an employee. You'll see that I referenced this requirement in my second to last post.
72  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 02:05:33 PM
"Butterfly Labs will not ship ASIC-based Bitforce SC products before April 2013"

Distinctly says ship.

Holy crap, can people not read a webpage? Look at the terms, not the title. The title is a hook for advertising. It's not binding in any way. The terms of the bet define the bet contract, not the title. It has two simple conditions which have been met except for the post timestamp.
73  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 01:58:59 PM
I don't see how getting a unit to Luke-Jr is anything remotely like shipping.
This! Shipping means customers getting ordered retail units. I don't get whats there to debate about this.

The debate is because the betsofbitcoin bet does not require either of those. It simply requires a non-BFL employee to post pictures to bitcointalk of a hashing unit with a hashrate within 75% of advertised rate. The bet has been technically fulfilled, except for a question on the timestamp of the post and whether the bet applies to Eastern Time or any time zone.

All of this is completely useless for indications of shipping outside of that bet, except that it does show that true shipping will happen soon, and that bfgminer will support it.
74  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 06:57:54 AM
Advertised specs ruins it anyway so what's there to bitch about?

No it doesn't. Little SCs are advertised as 30 GHps and the picture shows an average hash of 24.86, which is 82.7%. And the bet didn't reference all specs, it said 75% of advertised hashrate.
75  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 06:50:19 AM
As I mentioned previously. Sending 2 units to a software developer that is making software for your product is NOT "shipping".

And as I mentioned previously, the bet isn't about shipping but about a bitcointalk forum post being made, which this one does fit the description except for the niggle about the intended timezone.
76  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 06:23:58 AM
I suppose local pickup and shipping can also be considered two different things.

This isn't germane since the bet is only that a reputable bitcointalk forum member posts pictures and reports a hashrate within 75% of advertise specs. It's really not about shipping at all.
77  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 06:09:00 AM
Unfortunately for this bet, Luke posted 36 minutes after April 1.

Does the bet specify a timezone?

I think this is going to be hotly debated. The parameters of the bet a the bottom specifically refer to Eastern Time, but the words of the bet do not, so it seems that there is some wiggle room on either side.
78  Bitcoin / Hardware / Re: First BFL ASIC! on: April 01, 2013, 05:53:44 AM
Unfortunately for this bet, Luke posted 36 minutes after April 1.

And this one has the power requirement which wasn't met.

But still great news.
79  Other / Beginners & Help / Re: what happens over the next 6 months when the miners try to recoup their $? on: March 31, 2013, 11:02:01 PM
The 24 volume for Mt Gox alone is 121,254.51 btc. At most all miners will average 3600 btc per day. It's not even close to being enough to impact the trade price.

All this assumes that miners aren't selling all of their coins already or assumes some kind of massive change in behavior of the post ASIC group of miners. On one hand, I do expect that the initial miners will not exactly cash out but will instead use profits to buy more mining equipment. This is my plan at least, but I will also hold onto at least 50% of my mining gains.
80  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the point of Litecoin if Bitcoin is THE cryptocurrency? on: March 27, 2013, 06:22:01 PM
Bitcoin will probably hit it's maximum transaction limit by early next year. At that point in time, we'll need alt coins to be able to reliably transact.
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