Hehe you must be new to this... Welcome to the world of mining.

Mining is mostly all about making as many coins as you can at break-even or a loss, and then selling them when the price is high in the future for a profit.

You can't make much money selling coins as soon as you mine them. Whether this was when coins were 2$, $200, or $2000 bucks.

I sorted a figured we would see a price crash with then a stabilization around $700 and it looks like I was right, at least so far.

Thing I wanted to point out though:  I don't even know if we can this a bubble and call this a crash of said bubble.

If you consider 30 days ago we were at less than $200 and now (at least currently) have stablized at around $700 then that isn't so much a bubble and crash in my opinion. More than tripling in price for something in 30 days is more of an adoption curve or a success story than it is bubble and a crash IMHO. 

If the price dropped to $300 bucks or less then you could call it a bubble. IMHO November was an awesome month for Bitcoin and neither a bubble or a crash terms really apply here.

Well this was the last straw for me . I'm no longer going to be trading or investing in any exchanges or securities.

I thought I was avoiding illegal seizure of my money by keeping it out of banks. So much for that...so many scammers in Bitcoin in really hurts folks' ability to involve themselves in the economy if they have to worry about getting ripped off all the time, which apparently, they should be worrying about.  

Ukyo takes over 2 million bucks and doesn't even feel enough pressure on him to even tell us what happened or why he stole it.  Just a "I'm in Cyprus now guys message thanks for waiting for your money you safely deposited to me !  Got to go hookers and blow here now thanks for your btc. Maybe in [+ (1-12 RND DAYS)] you'll hear an update about an update k thx.  "

I'll happily take this all back if I'm wrong....but this is following so many other scams' footsteps that it is hard to be optimistic, from experience.

I just don't think we are in a sustained bubble.

I think we'll see a 'crash' but I don't see prices going lower than $600 anymore.  And if it falls to $600 I personally don't think that's much of a crash, considering less than 60 days earlier we were at what, around $175.

It isn't a one-trick (gox) pony show anymore. I don't think we'll see a nose-dive this time around, even though I think BTC is over-valued right now.

Right on man thanks for taking the time to do this.

1) This situation has never not been in the case.  I.E difficulty has been sky-rocketing most of Bitcoin's history. No one knows the situation much better than Friedcat.

2) Many folks see the announcement as a positive.  It depends on how it is interpreted.

I rode Asicminer shares from around 4. btc to .5 btc over a few months...but now the shares are looking attractive to me again at .3 because I think the right new gen chips Asicminer could do really well again. [Catching up on my AM readings...]

He's responsible for more than 2 million bucks here, and he doesn't even feel enough pressure on himself to warrant his time even explaining what he did with all this money.

I'm using a mod stream pro OCZ 700W modular psu. It's not a great PSU but it should not have any troubles supplying enough juice for the cube.  More of an issue, possibly, is that my apartment is pretty old maybe there wasn't steady enough power from the household fuse i'm running it from.  I never did really figure out what the problem was or how I fixed it but it's still mining smoothly now at 36GH so I'm keeping my fingers crossed.

It seemed like it was some sort of communication error with the proxy but that's just my best guess. Did you try the cube's reset button? Maybe the software is just hung up on something. Sorry I can't offer much more help, it's tough to troubleshoot without logs and such.

Also maybe worth mentioning: I changed the default gateway from the default gateway IP to 0.0.0.0, as I saw other folks running it with 0.0.0.0.  Again have no idea if this what changed anything, but it couldn't hurt to try 0.0.0.0.

It really does... making money is not that hard that you purposelessly should be ripping people off.  I think a more honest way would be to rob someone in person with a gun than do these stupid scams. They hurt all of bitcoin because it makes people less and less trusting which in turns will grind a lot of the bitcoin economy to a halt. Fucking hate scammers with a passion, I wish people would punch them in the face.

It's pretty simple. OP is owed money. bitcoinsports.eu doesn't pay money.  OP got scammed.  What doesn't makes sense here ?

Like Ukyo and WeExchange, you can't accept bitcoins without being able to pay them back. That isn't right, that is a scam. If they don't have the capital to pay back people who win bets that it is an illegitimate place to place bets.  It's not as bad as WeExchange where no gambling should be involved at all, but still it's a scam.

As said dunno what triggered it working now instead of the 100 other times I tried. Maybe might want to try starting/restarting the miners at different times then you start your mining proxy program.  Like I for example I was trying the cube first and then relaunching the stratum mining proxy, whereas before I was doing this in reverse. Again logically I doubt this would make a difference, maybe it was pure luck,  but all I can say is now a hundred false starts later and it is hashing.

Well I wish you luck Edge...hopefully we can get these going. I'm pretty poor these days so if I lost a cube that'd really suck. Especially after being losing money in the WeExchange scam. Anyways though, optimistic can get this going.

BTW for your screen shot you show the ports as 8338. Should these not be 8333 ? You prob know what you are doing here and I don't think their would be any response at all if the ports were wrong but thought I'd mention it.


edit: WORKING  ! Praise the cyber gods.  I have no idea what happened. It was like the 100th try reset, refed all the same values in for the 20th try, and just on the last restart i'm getting hashes. Happy if somewhat confused.

[03:34] <@Ukyo> its also been holidays as Danny mentioned.

Wow. Just wow. Ukyo is saying 'I promised to say what happened with over the 2 million dollars that was deposited into my exchange and than vanished into thin air. Maybe I'll give an answer this week. Oh sorry it's pushed back there was a holiday.'

Does anyone buy this? 

This is the ole BFL "coming in 2 weeks" run-around.

Haven't had any luck getting my Canary cube going as well

I have no 'x' s, chips all o's

My stratum proxy seems fine but the cube can't process any work. I get endless "[date time here] INFO proxy client_service.handle_event # New job 1386190 629 15775 for prevhash 142637ca, clean_jobs=False" messages from my stratum proxy.

Very occasionally it'll end instead with clean_jobs=True.

Any ideas or suggestions? I've tried running another stratum proxy on a different computer on my network and same thing, the stratum proxy connects to the pool but never any mention of work /hashes being done.  I don't think it's a matter of incorrect pool credentials either because the second pool I set up is with Eligius which accepts any name password combo.

I turned off my pc software fire wall, didn't seem to help. Could it be a router based firewall problem maybe?  
The cube was a bit beat up, some of the boards where not lined up in the slots, (like the PCBs were out of the grooves likely indicating it was tossed around a bit) but opened it up and put the boards in the proper place and there is no physical damage besides that anyways.

So no progress, no news?  

I don't know how some of you are staying so calm.  I have about a BTC lost here and this drives me near-berserk (now that we are over a $1000/usd/btc).  If I had like, 10 or more btc like some of you, I would be headed to Texas. I'm surprised by how little anger there is here.

Yes. Any deposits made to WeExchange have disappeared into a void and you have no hope currently of getting them back.

Ukyo has been accepting deposits for the last month + gladly, with no ability to pay people back when they withdraw.

Ukyo plans to at least tell people what happened 'at some point in the future'.

I don't know about vTX, but this is a similar situation with Asicminer, which I lost a few dozen BTC on over the summer.

The problem with Havelock securities (most of them, maybe all) is that a company's valuation does not go up as fast as Bitcoin itself does. So if your company is worth a million dollars, even if the company is doing well, it is likely the stock price will fall when Bitcoin goes up 300% - 500% or whatever.  As the Bitcoin price goes up, the security is worth less and less of the equivalent same value in terms of bitcoin.

Right on!

My label will be coming in about 90 minutes, thanks Canary! Excited.

EDIT: Work held me back, couldn't get label done. But will do tonight or tomorrow, shipping Friday is totally fine, thanks. CAn't wait to get this.

Really scratching my head here. What is the point of having a big IPO, successfully raising $100's of thousands* for MCXNow and then....

"Sorry guys can't seem to find $50,000 a year annual salary for a single tech support person."

Get out, get out, get out.

And no, I am not trying to buy your stocks cheap. I never go within a stone's throw of MCXNow. Once again, just look at Mincoin...


 (*no idea of the actual figure, can't be bothered to calculate it, just guessed that figure tbh haven't check the figure)

My logical mind says 'Yes' and I agree with the OP. But you know what? Every time, every single time, I have doubted Bitcoin's market strength I've been wrong.

I now even bite my tongue when hearing people toss around numbers like $5,000 etc.  Logically I don't think it is sustainable, but ya, I've learnt enough that I'm not going to say it isn't going to happen.