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1  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 24, 2014, 03:20:57 PM
Come on guys, where's your team spirit? Smiley

thats the spirit! come on FC! AM roxx! Smiley

Still a fan, for a start up they have done incredible and nothing short of it.
Im hopeful but not a believer having sold the bulk of my shares @ 4.5, then 2.5, then a few at 0.5 and finally all but 5 at 0.2-0.25.
Having been watching the "news" for some time and its been unimpressive so no reason to hold (for me) but I idly speculate still and would likely rebuy some if I saw promise in any future announcements.

Why do I suspect ghash.io+bitfury retain a large amount of hashing power ?
(warning please done tinfoil hats and suspend disbelief):

Ever since the decline of AM's hash % from 30 to 10, then 1% the hash rate of the ghash.io pool steadily rose to achieve first 30% then finally 50%+ (after which point mining on their own private pool would endanger their own profitability) with the difficulty spiking insanely, FC deployed as much as the DC could take OC'ing all gen1 chips and was still unable to maintain an edge.
Thanks to this move, they also managed to destroy any chance of a profitable gen3 farm for AM simply by being able to calculate from the available specs FC predicted by raising the difficulty past the point of these chips easily/ever achieving ROI.
As a follow on move, they destroyed the expected capital of gen3 there for knee capping their main competitor at the time.
Currently I believe they maintain as much hash ratio as they can without damaging their own immediate profit, as a side benift this also wards of future investors whose risk vs return raises drastically.
Finally I believe a company as aggressive (and with 0 regard for the community) as ghash+bitfury would be smart enough to invest their profits in future chips to ensure they can deploy the moment an opponent attempts to spike the global hash rate by more than 1% (ensuring the competitor cannot achieve ROI).

(tinfoil hat off now).

so if your a bit paranoid from what has been observed from the last ~8 months performance like myself you would have little confidence in AM atm.

My one consideration is that FC is trying for a hail Mary shot where he remains silent about specs then bulk deploys via his franchise blowing ghash+bitfury out the water entirely (ie go nuclear with the hash rate). If anyone at all in the bitcoin community is capable of attempting and achieving some sort of success with this method it would be FC.
2  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 24, 2014, 03:20:14 AM
That train has sailed as AM doesn't have the money and the deployment capabilities to deploy a big scale self mining operation. FC could do it right as soon as he had chips in hand, but he didn't do it.

Exactly! Since deploying large amounts of machines is a difficult endeavor, he chose to sell the chips. Unfortunately they didn't perform as well as expected. So now when he's looking for ways to deploy hashrate he has nothing prepared. Man, he was just unlucky.
By the way, what does your name mean. It sounds like you're on the road all day long and when you get home you are completely stressed out!

friedcat was already unable to deploy chips after he maxed out his DC in china with Gen 1.
The fabled immersive DC was built and never used.
The mining franchises honestly struck me as a way for AM to bootstrap their own new companies (free of shareholders) while using company funds to get it done (chips being sold at cost made me consider this even more).
Gen 2 was a wash, Gen 3 was sold at cost frankly I dont see gen 4 doing anything other than failing or being sold at cost again to shell companies.

I dont see AM climbing out from under the thumb of Bitfury+GHash.io who seem to keep an insane amount of hashing power in reserve so they can squash all profitibility of any other mining company by switching them on as the other companies (ie AM) deploy.

mems 2c
3  Economy / Gambling / Re: BTCOracle : Bet on the future price of bitcoin ! on: July 17, 2014, 03:19:22 AM
I used the site like a month or so ago and it worked fine for me.  I had always wanted to try it out and I had fun even though I lost.

good to hear, thanks I'll approve it now Smiley
4  Economy / Gambling / Re: ★★★★ BITBLACKRED ★ UNLIMITED FAUCET ★ CRAZY MOMENT EVERY 10 MIN. ★★★★★ ★★★★★ ★★★ on: July 17, 2014, 03:15:49 AM
well when i told support about the glitch that took my whole balance, they said "we fix when we can", followed by "GOOD LUCK" then i was ignored

only 20mBTC but  just beware if you are a paying gambler
i got a message from support saying "we wish you good luck" followed by consistant server seed taken messages along with my balance being deducted anyways.
After complaining to them they said  " if server seed taken, your bet is not considered"

Sorry for your discomfort. we will fix it and we'll refund your involved bets . our technical team is working.

you didnt refund my bets you refunded 10% of it....

Quote
mdzedzej2
i was told you would refund the missing funds....

but i was only refunded 2 mBTC out of the 20 mBTC that is now missing...

bitblackred joined the chat

bitblackred
Hello
mdzedzej2
yea

you said on the forum

that i would be refunded the missing funds

i was only refunded 2 mBTC but it was supposed to be 20mBTC


bitblackred
https://blockchain.info/address/17D4EeNDPjptE8y32oRmXVzzBrfSf68ZJc
mdzedzej2
yes but i had won 20mBTC and i have screenshots

its not the funds its the principle

you fix the issue and replace missing funds


bitblackred
the erroneous bets has not diminished its balance
mdzedzej2
what?

what are you talking about

i had .02 in my account not .002...


bitblackred
We have honestly earned their bets.
mdzedzej2
youa are speaking jibberish....

Not good at all.

This casino seems to spend far more time spamming promotions than addressing player issues.
5  Economy / Investor-based games / Re: Fucking Ponzi's and the idiots that buy into them + List of Shills on: July 17, 2014, 03:14:13 AM
Haha this thing is still going?

It was a great effort.

It seems to be kept going though by potential ponzi's claiming not to be ponzi's!

Well at least that might help with the "shill" angle.

Good Luck.

thanks guys and *bump*

Its still going but low priority, the last ponzi operator threatened to commit suicide if I didnt remove him.
Obviously I cant start making exceptions for suicidal ponzi operators and the devil on my shoulder is telling me its a win no matter which way you look at it Tongue

IMAO you serious, thats the funniest threat I ever heard.  gosh I kinda would love to see what he wrote to you, can you post it?

lets not indulge his little fantasy any further by giving him attention.

Besides if we are lucky, thats 1 dead ponzi operator and only XXX more to go Smiley
6  Economy / Gambling / Re: BITCOIN GAMBLING REVOLUTION on CoinHulk.com ◀◀◀◀◀◀◀◀◀◀◀ on: July 17, 2014, 03:13:11 AM
The time is coming where I do a separate page to rate how fucking terrible these casinos are.

Its a bit of work, but tbh Im sick of coin hulk's deceptive promotion of these scammy casinos.
7  Economy / Gambling / Re: Bitcoin Slots No Registration Needed Provably Fair! www.bitbandit.eu on: July 02, 2014, 08:20:17 AM
whats the house edge ?
8  Economy / Gambling / Re: MinerbTC.net-Double Your Bitcoin-Payment 2.5% Every Hours. on: July 02, 2014, 08:16:50 AM
how cute, another ponzi scammer.
9  Economy / Gambling / Re: CellDice.com is giving FREE bitcoin to new users, no need to ask, just take! on: July 02, 2014, 08:16:13 AM
Im getting an ssl error then a white page for https://celldice.com/

Anyone else experiencing this ?
10  Economy / Gambling / Re: BTCOracle : Bet on the future price of bitcoin ! on: July 02, 2014, 08:14:24 AM
ZOMBIE THREAD !!!

Is this site still in operation. I see they have changed to bitstamp prices but I cant find any signs of life otherwise.

Anyone made any recent bets here ?
11  Economy / Investor-based games / Re: Bitponzi.io - fair ponzi with automated hourly payments, 150% in 150 hours. on: July 02, 2014, 08:04:58 AM
We pay hourly which reduces the chances of the system getting stuck.

What do you mean?  A ponzi scheme is guaranteed to become 'stuck' when the number of suckers drawn into the system isn't enough to pay out the early adopters.

I look forward to the numerous 'umm, the payments have slowed and then stopped, you guys sure it's still working, I haven't got my investment back yet' posts.

well said sir Smiley

This is a gamble in the same way leaving your wallet on the bus and hoping to come back, find it and also have another $100 stuffed in it.

This is not a gamble in the form of a casino game, a wager or a bet.

This is a scam, a grift and most of all a tax on the gullible.
12  Economy / Investor-based games / Re: Fucking Ponzi's and the idiots that buy into them + List of Shills on: July 02, 2014, 08:00:54 AM
Haha this thing is still going?

It was a great effort.

It seems to be kept going though by potential ponzi's claiming not to be ponzi's!

Well at least that might help with the "shill" angle.

Good Luck.

thanks guys and *bump*

Its still going but low priority, the last ponzi operator threatened to commit suicide if I didnt remove him.
Obviously I cant start making exceptions for suicidal ponzi operators and the devil on my shoulder is telling me its a win no matter which way you look at it Tongue
13  Economy / Gambling / Re: ★★★ MEMs LIST of GAMBLING SITES ★★★ on: June 17, 2014, 10:36:02 AM
can you please add luckynumber.me to the list?!

you can add yourself using: http://memslist.com/?action=submit_site_by_url_form .

Updates completed, was able to reset my password (forgot my old 1 Tongue ).

Getting a bit late now, but I'll try and knock through and pre-pending sites now then tomorrow finish replying to PM's (~15 to go) and do a few reviews.

edit:

I think Im up to date on PM's.

Really sorry to those who got buried in my inbox. I'll be giving this some extra focus over the next several days so expect some completed reviews shortly.
14  Economy / Gambling / Re: ★★★ MEMs LIST of GAMBLING SITES ★★★ on: June 17, 2014, 10:15:42 AM
code update (testing atm):

reset password added (only for users with registered emails).
fixed bug with profile update that would nuke a users email address (whoops).

todo:

allow users to update email address (after confirmation).
15  Economy / Gambling / Re: ★★★ MEMs LIST of GAMBLING SITES ★★★ on: June 17, 2014, 03:19:31 AM
Hello all.

Well no riding for me this morning, perth is dark and rainy today.
Im going to start on my next batch of reviews and also get to answering some PM's in a few hours (best left until Im fully awake and not grumpy).
16  Economy / Gambling / Re: CoinGain | New Investment Program | 125%-485% ROI | 5% Ref Commission! BTC/DOGE on: June 06, 2014, 02:54:36 AM
What exactly is CoinGain.me?
CoinGain is a investment program where our clients funds are spread across a range of different projects and in return from our revenue stream are paid out with a certain amount of profit.

What the fuck exactly is your HYIP Scam being promoted in a gambling subforum ?

17  Economy / Gambling / Re: ✦Terra-Elegance || Your new investment opportunity || Up to 14% daily accruals✦ on: June 06, 2014, 02:52:06 AM



Get the fuck out of the gambling forum with your shitty scam.
18  Economy / Investor-based games / Re: Fucking Ponzi's and the idiots that buy into them + List of Shills on: June 06, 2014, 02:50:17 AM
Ponzi.s seem not to be present as much as they use to

ED seem to have stole tens of bitcoins so any new Bitcoin website is a threat

by that logic every person is a potential murderer and rapist.

Now lets employee some good common sense and realize:

New casinos have to earn their trust, people blindly investing in an unknown...... are not much brighter than those investing ponzi imho.
19  Economy / Gambling / Re: ★★★ MEMs LIST of GAMBLING SITES ★★★ on: June 06, 2014, 02:25:58 AM
a lot of sites are missing Tongue
He checks every site from top to bottom before he rates them, so that takes a lot of time. He doesn't have a lot of time which means not all website will be on there. Plus, not every website owner has submitted the site to the website, which causes more websites to be left out. It also doesn't help that a new website comes out like every week or so. So yeah Tongue

That is quite correct, I do a very thorough review (when time permits).
Its not unusual for some twerp like Joca97 to assume its all done in 1 minute of work - I could do it that way but then what would be the value of this list ?
I'll keep plodding along doing my reviews Smiley, I was supposed to have an extra helping hand by this stage but alas, nothing but talk with no follow through.

I'll be doing a few reviews today and posting the updates.
Got about 15 pm's to answer as well.......

edit: so after seeing the rather cheesy "coinhulk" Ive felt it is necessary to penalize sites that offer misleading "cash in "bonuses"".

What makes it unfair ? When the cost of playing the minimum rounds to withdraw your deposit exceeds that of the house edge.
Why is it unfair ? because Ive yet to see a user not get confused by the nature of the cashin bonus, coinhulk does all players a big misservice buy burying that factoid while at the same time going "OMG OMG OMG 800% EXTRA FOR FREE OOOMMMMMGGGGGGGGGGGGGGGGGGGGGG".

and on the other hand, we also need a merit badge for any sites where the deposit bonus IS actually a bonus and not simply a slimey advertising technique.

Im thinking +1 for real bonuses and -1 for the deceptive ones.

edit2: whoops, went for a ride on my new ebike and lost track of time Tongue
20  Economy / Gambling / Re: ★★★ MEMs LIST of GAMBLING SITES ★★★ on: May 14, 2014, 07:40:10 AM
Found and fixed a bug that would revert a sites status to pre-pending when updating a site via memslist.txt and the site already exists.
Reported by royal casino (thanks).

Added a menu tab for moderators and admins that takes us straight to pre-pending sites.
All new sites are set as pre-pending, a status which regular users cannot see and is not shown in the forum listings.
This is done purely as a simple spam control, imho user interaction is required so Ive just made it easier for myself and other moderators (coming) to review new sites.

And I fixed the status page, clicking on the site name now takes to you their games list (missing a form name).
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