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1261  Economy / Speculation / Re: Speculators and Alt-Chains on: May 13, 2013, 07:41:23 PM
coin of the day seems like an easier opportunity for short term quick profit. the thing is that you know you are ripping off some more lad in the end
1262  Bitcoin / Bitcoin Discussion / Re: ASIC Miner Sellers - Why do they exist? on: May 12, 2013, 07:37:40 PM
Bfl already made up to 15000% return off the bitcoins they took in. heh
1263  Bitcoin / Bitcoin Discussion / Re: ASIC Miner Sellers - Why do they exist? on: May 12, 2013, 05:17:00 PM
@superduh see edited post...

i know. what you said is correct.
1264  Economy / Speculation / Re: Something is setting up with the market on: May 12, 2013, 05:04:01 PM
what i meant is that i am very sure there will be MANY announcements occurring and i'm hoping that at least some of them don't suck.
1265  Bitcoin / Bitcoin Discussion / Re: ASIC Miner Sellers - Why do they exist? on: May 12, 2013, 04:57:55 PM
All the above explanations are bullshit...

"Sellers" exist for one primary reason only: it takes an insane amount of capital to design and produce custum BTC mining ASIC chips + create the hardware and software necessary to hash with these specialized ASIC chips. Early to mid last year there were no VCs with balls big enuff to invest in ASIC mining therefore we have "sellers" like Avalon and BFL who really just intiatiated pre-ordering as a means to raise the necessary capital...

Even ASICMINER/Bitfountian had to IPO shares in theyre company to raise captital and the only reasons they even decided to sell some of there first gen Blades is because they have a responsibility to shareholders/must pay dividends + raise additional capital for research and development of the next generatin ASIC hardware they plan to implement...

being a bit racist here
AM is chinese company who is actually doing things correctly
BFL is an american company who can't do things correctly

what it happening with the world?!
1266  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 12, 2013, 04:53:31 PM
The 3rd auction has ended Smiley

The 50 available blades were sold in less than 2 hours Tongue
130 blades 'pending' (It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)



Looks to me like we oughta raise the price to 60 BTC Smiley

Or raise the quantity to more units... its not easy to find out the best performing price...

better to raise the price and NOT the quantity!! do you not know economics 101? so far AM is the only one hence has monopoly power .. so yes he should sell it at a price that market will bear not give it away for cheap
1267  Economy / Speculation / Re: Something is setting up with the market on: May 12, 2013, 01:23:44 AM
there's a big conference in a week - if things look positive this should push the prices up, way up.
i thought bubbleboy was done with bitcoins and unto better things to do with his time
1268  Economy / Currency exchange / Re: buying ripples at 40,000 per btc on: May 11, 2013, 10:23:06 PM
You are trying to buy them about 4x less than market rate?
1269  Economy / Auctions / Re: WTB: ASICMiner PUT option contract on: May 11, 2013, 09:02:32 PM
This is interesting, keeping in mind that the value of.the shares depend on the value of btcat given time
1270  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] XRP for BTC (13,500 Ripple per Bitcoin) on: May 11, 2013, 04:37:47 PM
TOO CHEAP !!! DIE !

don't upset this guy......
1271  Economy / Service Discussion / Re: Why Ripple™ is against everything Bitcoin Decentralized on: May 11, 2013, 04:36:09 PM
MT gox charges a 1 % fee.  Ripple is not going to be a successful exchange while XRP remains as expensive as it is now or unless it takes less ripples to perform an exchange then it does now.  Maybe I am wrong but it looks like it is much more expensive when you factor all fees to exchange on Ripple as it is on the popular bitcoin exchanges. 

Huh? Ripple transaction fees are negligible.
if fees are negligible then how would the gateways make any money?
1272  Economy / Service Discussion / Re: Why Ripple™ is against everything Bitcoin Decentralized on: May 11, 2013, 04:01:16 PM
I was waiting for something like this. I always wondered why I never got any real answers to; "How many people control Ripple?". Bitcoin is decentralized and only decentralized markets should handle it. This form of "decentralized" thinking will keep bitcoin being "bitcoin".

What do you mean "never get any real answers"? The obvious answer is that right now Ripple is controlled by OpenCoin and its affiliates. The protocol is distributed though and the software holds great promise if it is open sourced, as OpenCoin has announced it will be, and as appears to be greatly in their interest. If they are successful, it will be great for the ideals the Bitcoin community has been pursuing. Being skeptical is one thing, but many here appear to be out to stop it from being successful. That suggests they aren't doing it out of idealism, but out of selfishness, perhaps because they worry their stash of BTC will not make them rich after all. Actually, I think Ripple will be great for them because it will provide them with an excellent, and nearly impossible to suppress, exchange mechanism between BTC and fiat currencies.

with all other issues of Ripple aside. why are they holding 20% of all the XRP? that alone makes me weary of using them
1273  Economy / Auctions / Re: ASICMINER Fixed-Price Auction: 50 Block Erupter Blades on: May 11, 2013, 06:14:20 AM
friedcat, as the auctions on asics are ridiculous (BFL orders that may never ship going for $20,000+). you should be selling these for a min of 100btc!
1274  Bitcoin / Bitcoin Discussion / Re: Help us bring Sugar Bush the Squirrel to the Bitcoin World (9.920120 BTC to Goal on: May 11, 2013, 05:43:59 AM
go to the btc conference in a week with a qr code!
1275  Bitcoin / Bitcoin Discussion / Re: Can D-Wave be used somehow to crack hash? on: May 11, 2013, 05:27:37 AM
sha512 upgrade time? Cheesy (i have no idea what i'm talking about actually)
1276  Economy / Auctions / Re: [2 DAYS ONLY] 300 direct shares of ASICMINER on: May 11, 2013, 04:59:37 AM
auction over!
1277  Economy / Auctions / Re: [2 DAYS ONLY] 300 direct shares of ASICMINER on: May 11, 2013, 04:27:53 AM
Actually just make all my 10 @ 1.47
1278  Economy / Auctions / Re: [2 DAYS ONLY] 300 direct shares of ASICMINER on: May 11, 2013, 04:27:02 AM
Move my 5@1.44 to 1.46 thanks
1279  Economy / Auctions / Re: [2 DAYS ONLY] 300 direct shares of ASICMINER on: May 11, 2013, 04:12:47 AM
Please up my 5@1.43 to 1.45 thanks
1280  Bitcoin / Press / Re: 2013-05-10 wired.com: Watch Wired Get Rich Quick With Our Sleek Bitcoin Miner on: May 11, 2013, 12:20:32 AM
yes, let's DESTROY something that has value and NOT donate it to a charity! journalism FAIL! their statement doesn't make much sense
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