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You'll probably have better luck on gaming forums at this point...
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Three things: 1-How can people verify your identity for this five year contract? 2-What's your BFL order number? 3-Why should someone pay you $700 for 20Gh/s when they can get 27Gh/s from BTCFPGA for $600?  |
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Yeah, yeah, I know Greek army tactics, you can't fool me, I'm no dumb Troy citizen.  CGminer gets picked up as a false positive because it's used by a lot of mining botnets etc At the end of the day, you can go grab the source code if you're really so suspicious  |
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If Patrick had only classified his investment thing as a managed hedge/mutual fund, with returns based on his investment skills as opposed to fixed interest "savings account" style returns, none of this would have been a problem. Losses would have had to be taken by the customers instead of Patrick, and his returns would have been consistent with the average hedge fund (lesson: don't invest in bitcoins, people. You'll save time by just flushing your money down the toilet).
the "average" hedge fund managed by a well-educated, certified professional typically grow at 3% per year. Source? If the average performance of any of the funds I invest in was that poor I'd have pulled my cash out long ago  It was an article I read for economics class years ago. Safe growth for a hedge fund is 3% per year (above inflation), but the article's subject was this wildcat manager growing at 5-6% because he was shorting poorly-managed stocks, which is like the Wall Street equivalent of check-raising in poker. Not really, I've made more shorting overvalued tech stocks in the past year than I have off anything else (Primarily Facebook, Apple, Groupon ). |
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If Patrick had only classified his investment thing as a managed hedge/mutual fund, with returns based on his investment skills as opposed to fixed interest "savings account" style returns, none of this would have been a problem. Losses would have had to be taken by the customers instead of Patrick, and his returns would have been consistent with the average hedge fund (lesson: don't invest in bitcoins, people. You'll save time by just flushing your money down the toilet).
the "average" hedge fund managed by a well-educated, certified professional typically grow at 3% per year. Source? If the average performance of any of the funds I invest in was that poor I'd have pulled my cash out long ago It was a recent article I read and I've hunted for it since I read it because it was so startling - I was surprised it was that terrible (I'll hunt for it again). I knew most funds made the owners quite wealthy even with a 1% fee, but the after tax (real, not nominal) returns for many people is negative. Over what time frame though? I mean if you looked at performance 2007-2009 or some window like that you'd probably get pretty poor results  |
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So, someone needs to start a total anonymous identityless exchange.
People can't even get their funds back from exchange owners whose identities are known. What makes you think that anyone who sets up a totally anonymous exchange is going to be trustworthy? because it would be trustable over time? You mean, as the pot of funds waiting to be stolen gets slowly larger? |
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If Patrick had only classified his investment thing as a managed hedge/mutual fund, with returns based on his investment skills as opposed to fixed interest "savings account" style returns, none of this would have been a problem. Losses would have had to be taken by the customers instead of Patrick, and his returns would have been consistent with the average hedge fund (lesson: don't invest in bitcoins, people. You'll save time by just flushing your money down the toilet).
the "average" hedge fund managed by a well-educated, certified professional typically grow at 3% per year. Source? If the average performance of any of the funds I invest in was that poor I'd have pulled my cash out long ago |
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My scam-detector is showing "scam detected" Yup - yours and everyone elses. Mine is showing "maybe", but then again I think mine's broken. I've lost money to: Some dick on bitcoin-otc over a year ago SIN Bitscalper Pirate GLBSE Bitfloor and probably a couple others I'm forgetting at the moment Are you interested in buying a bridge? |
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So this might be a newbie question, but what else would I need to run 6 bASIC's in Europe?
1 x Laptop
1 x USB 6 Port Hub
and for power?
any tips or links would be really appreciated,
Thanks
I would assume that these will be sold with power supplies - although as a UK user I'd certainly like the option to have them fitted with UK standard plugs out of the box |
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This again, huh? pirate started like this. Super helpful, big apologies and promises, the forum heaping praise on him and scorn on doubters. Then he split with all the money. A month later, he'll get a scammer tag.
You are all going to let it happen again, and you'll be absolutely blown away for the umpteenth time this has happened. It's as if you have no pattern recognition at all.
Pirate didn't pay anything back, and it was obvious from the start that he had no intention of paying anything back. Patrick has been paying back at a pretty regular rate... Patrick is realistically guilty of massively understating risk (in the case of both his own fund and his ratings of other funds), but I don't know of any major BTC investments that haven't lost money lately. Best of luck to patrick in getting this shitstorm sorted out, I've lost somewhere in the region of 80BTC to the GLBSE situation myself  |
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Any ideas on why people are paying $20+ a pop when they can get for $9 cheaper?
Because mtgox and other methods are a pain for many and ebay is a known entity. Some folks also might not know any better. ADD: If people are willing to pay $20, it shows a truer price than what's reflected on the exchanges.No it doesn't Just because you want something to be true doesn't make it so |
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Solo mining is pointless because of Moore's law - if you are mining off a single GPU the rate of technological change will outstrip your ability to get the 50btc bounty even once. You can calculate it today based on the equipment you have today at the current difficultly - it will report in the next year you may get 50btc if you are lucky (based on today's values). But during the next year the difficulty will increase and processing power will increase so it will take you 3 years and then 10 and then 50 years. You may as well buy lottery tickets.
As a solo minor you will be forever chasing it, because of the increasing difficulty and the relative decreasing power of your hardware.
I don't think you understand variance. Darts at a dartboard. Someone mining on a 0% fee PPS pool and someone mining solo will tend towards exactly the same reward regardless of the long-term trajectory of difficulty. The variance is huge of course but claiming that solo mining is somehow less profitable is bullshit of the highest order. |
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I hereby apologize to Patrick and the community for this drunken post. I can understand if some people lose respect for me because of this.
Even if I think Patrick is a scammer or inept, I should not type such angry words just to be mean. I take full responsibility for my actions. Gonna tighten up my game.
I'm raising my hand on this one and fully admitting I was wrong.
Sorry community and to Patrick directly.
An unusual post to greet me this morning. I did think it was a bit out of character, but I tend to ignore the insults here anyway. However, I appreciate your post. I understand that you might consider me a scammer, but I've given up trying to correct that. Inept I would probably also disagree with. Dealing with a large number of dis-honest people in bitcoin land - definitely especially now Nefario has decided to kill off the value held in GLBSE investments. Out of curiosity, how badly has the GLBSE situation affected your repayment schedule? I put some of the coins I took out of starfish before it collapsed into GLBSE - probably not an improvement overall |
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-Wants $500k for legit real-world business
-Doesn't just go to bank for much lower interest in a currency guaranteed to devalue
-Lolwut?
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Would you ship to Northern Ireland? Original boxes and stuff with the cards? I might take one if the shipping isnt off the charts, however i would need to do a different payment method than BTC ( You know yourself the probs with the UK exchanges right now.) If this is a problem though i dont mind trying to get my hands on a bunch First price I can see shipped to Northern Ireland is £31.19 (UPS) - fully tracked and insured up to £250. Royal mail might be cheaper, I'll have a look for you if you like but I couldn't see the NI option on their website. I've got a box for the one Asus reference card - looks nice and comes with all the accessories and all that jazz. The others are Powercolor (same cards obviously but Asus are probably better for RMA) for which the boxes are at my other address some 400 miles away I'd probably want slightly more for the Asus one than for the Powercolors. As for non-BTC methods of payment - sure, PM me with what you have in mind  |
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You can now login and provide an email address for contact, a withdrawl bitcoin address, and a checkbox to share that information with the asset issuers. I'm assuming it will include such information as "how many shares you have" to the asset issuers.
I have complete the GLBSE AML forms to receive the gigamining coins back. Did you have to provide all 3 forms of identification: photo ID, proof of address, and (the most amateurish) photo of you with hold up a piece of paper with your GLBSE username and date? I've submitted all of the info requested. Giga, Are your bondholders also required to submit the identifcation details in order to receive the allocated bonds or will the list of this information be provided to you directly? Thanks I doubt anyone knows right now - technically if Nefario's going for full AML compliance it's likely to be the former. |
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No, I don't understand how grown adults can suck an 18 year old off, all day, everyday. It's like you don't realize your ego's coherent effort, to cock block my dreams, only helps me reach them in the long run.
Ah! Finally! The truth on how dank makes his cash...! Explains why his mom was hesitant to get involved. At least she finally agreed....  |
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LottoMining moving internal, all shares can be purchased through LottoMining.ca BUT we're not done testing it just yet. But that's what's going to happen! What's your legal position in doing this? |
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Seriously though. I wonder how long it takes to render that plastic looking shiny thing with my gpu based mining rig.
The main render looks to have been done in solidworks - doing it from scratch would probably take me a full day - if the fan model and heatsink model were already available it'd take about half an hour. wow for real? I have 3 HD 7970s... would it take 1/3rd the time? Ah, we've misunderstood each other I meant to create the model in CAD (solidworks) and then render it. If you already had the model there and just wanted to render it you're talking minutes at the very most |
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I can totally tell it's photoshopped... from the pixels.
Seriously though. I wonder how long it takes to render that plastic looking shiny thing with my gpu based mining rig.
The main render looks to have been done in solidworks - doing it from scratch would probably take me a full day - if the fan model and heatsink model were already available it'd take about half an hour. |
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