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1581  Economy / Economics / Re: $55 - really? Really? Really? on: April 12, 2013, 03:53:36 AM
Don't take the price seriously at the moment, MtGox (the largest exchange by far, at one point handled 80% of BTC trade) has stopped trading due to massive volume from new users. The price will recover, perhaps not as high as it was before though.

Why all the new users? Has Bitcoin gotten free/new exposure on a national level or something? I'm trying to find out what has changed to warrant these fluctuations and I can't find any.

1582  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 12, 2013, 03:50:35 AM
So we are to believe that these people with no history of participation in the Bitcoin community have spent >$1million and the last 12 months designing and building a Bitcoin protocol specific ASIC chip, then designed and built the board and software to interface with it, all without consulting anyone in the Bitcoin community?

If you believe that, I have some magic beans you might be interested in.

Yea, this statement makes sense. Almost anyone who is affiliated with Bitcoin is on this forum. Hey, that's why the forum has a million dollars worth of bitcoin laying around. They just magically appear?



1583  Economy / Economics / $55 - really? Really? Really? on: April 11, 2013, 07:32:24 PM
Seriously, what the hell is going on? I feel VERY lucky. On one hand I was able to sell my main coin supply on the 9th I think it was for like $247 / each. I refresh clean once in a while and that was the time. I told myself, once I see it go over $250, sell it all. I sold them all that day and a couple days later money was deposited into my bank account. The next day coin started to drop big time. Most places ceased operations, stopped business or just suspended trading until further notice. Then I had another whole wallet which I kind of forget about and tried really hard to sell those but no such luck. I pretty much have to hang on to them for a while and see what happens. My stupid fault for not remembering. That's a bad thing to do in this business.

Sorry, just wanted to post something positive in my world for once. I rarely EVER get to do that.

So what the hell is making coin go from $250 to $55 in 2 days or less? Yes, you can respond with sarcastic, anal retentive childish remarks if it makes you feel better.


1584  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 11, 2013, 09:57:15 AM
You guys vett people like pros here. I don't have any skeletons in the closet but I'm sure you'd find some. When I need to find out information on someone, I'm coming here. Smiley

I'm a believer right now until proven guilty. PrimeASIC I was not a believer right from the start. Just from them not accepting money is a spin. What I really want to know is they said they have miner hardware. Do they mine out of a pool? Solo? Can we see stats/proof on their current mining infrastructure? That should be quite easy.
1585  Bitcoin / Hardware / Re: Avalon ASIC users thread on: April 11, 2013, 09:43:27 AM
I highly recommend Seasonic PSU's. I've used them in all my computers and they are of awesome quality and very efficient. Check out their X series.

http://www.seasonicusa.com/NEW_X-series_1050-1250.htm
1586  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 11, 2013, 03:54:00 AM
Address lookup

canonical name   www.kncminer.com.
aliases   
addresses    168.63.65.34
Domain Whois record

Queried whois.internic.net with "dom kncminer.com"...

   Domain Name: KNCMINER.COM
   Registrar: GODADDY.COM, LLC
   Whois Server: whois.godaddy.com
   Referral URL: http://registrar.godaddy.com
   Name Server: NS47.DOMAINCONTROL.COM
   Name Server: NS48.DOMAINCONTROL.COM
   Status: clientDeleteProhibited
   Status: clientRenewProhibited
   Status: clientTransferProhibited
   Status: clientUpdateProhibited
   Updated Date: 03-apr-2013
   Creation Date: 03-apr-2013
   Expiration Date: 03-apr-2016

>>> Last update of whois database: Thu, 11 Apr 2013 03:54:05 UTC <<<
Queried whois.godaddy.com with "kncminer.com"...

   Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
   Domain Name: KNCMINER.COM
      Created on: 03-Apr-13
      Expires on: 03-Apr-16
      Last Updated on: 03-Apr-13

   Registrant:
   Kennemar & Cole AB
   Vallmyravagen 7A
   Skogas, huddinge 14251
   Sweden

   Administrative Contact:
      Cole, Samuel  samcole@hotmail.co.uk
      Kennemar & Cole AB
      Vallmyravagen 7A
      Skogas, huddinge 14251
      Sweden
      0046732300149

   Technical Contact:
      Cole, Samuel  samcole@hotmail.co.uk
      Kennemar & Cole AB
      Vallmyravagen 7A
      Skogas, huddinge 14251
      Sweden
      0046732300149

   Domain servers in listed order:
      NS47.DOMAINCONTROL.COM
      NS48.DOMAINCONTROL.COM
Network Whois record

Queried whois.arin.net with "n 168.63.65.34"...

NetRange:       168.61.0.0 - 168.63.255.255
CIDR:           168.61.0.0/16, 168.62.0.0/15
OriginAS:       
NetName:        MSFT-EP
NetHandle:      NET-168-61-0-0-1
Parent:         NET-168-0-0-0-0
NetType:        Direct Assignment
RegDate:        2011-06-22
Updated:        2012-10-16
Ref:            http://whois.arin.net/rest/net/NET-168-61-0-0-1


OrgName:        Microsoft Corp
OrgId:          MSFT-Z
Address:        One Microsoft Way
City:           Redmond
StateProv:      WA
PostalCode:     98052
Country:        US
RegDate:        2011-06-22
Updated:        2011-06-22
Ref:            http://whois.arin.net/rest/org/MSFT-Z

OrgAbuseHandle: MSNAB-ARIN
OrgAbuseName:   MSN ABUSE
OrgAbusePhone:  +1-425-882-8080
OrgAbuseEmail:  abuse@msn.com
OrgAbuseRef:    http://whois.arin.net/rest/poc/MSNAB-ARIN

OrgTechHandle: MSFTP-ARIN
OrgTechName:   MSFT-POC
OrgTechPhone:  +1-425-882-8080
OrgTechEmail:  iprrms@microsoft.com
OrgTechRef:    http://whois.arin.net/rest/poc/MSFTP-ARIN

OrgNOCHandle: ZM23-ARIN
OrgNOCName:   Microsoft Corporation
OrgNOCPhone:  +1-425-882-8080
OrgNOCEmail:  noc@microsoft.com
OrgNOCRef:    http://whois.arin.net/rest/poc/ZM23-ARIN

OrgAbuseHandle: ABUSE231-ARIN
OrgAbuseName:   Abuse
OrgAbusePhone:  +1-425-882-8080
OrgAbuseEmail:  abuse@microsoft.com
OrgAbuseRef:    http://whois.arin.net/rest/poc/ABUSE231-ARIN

OrgAbuseHandle: HOTMA-ARIN
OrgAbuseName:   Hotmail Abuse
OrgAbusePhone:  +1-425-882-8080
OrgAbuseEmail:  abuse@hotmail.com
OrgAbuseRef:    http://whois.arin.net/rest/poc/HOTMA-ARIN
DNS records

DNS query for www.kncminer.com failed: TimedOut

DNS query for 34.65.63.168.in-addr.arpa returned an error from the server: NameError

name   class   type   data   time to live
www.kncminer.com   IN   A   168.63.65.34   3595s   (00:59:55)
kncminer.com   IN   A   168.63.65.34   600s   (00:10:00)
kncminer.com   IN   MX   
preference:   0
exchange:   kncminer-com.mail.eo.outlook.com
3600s   (01:00:00)
kncminer.com   IN   NS   ns47.domaincontrol.com   3600s   (01:00:00)
kncminer.com   IN   NS   ns48.domaincontrol.com   3600s   (01:00:00)
kncminer.com   IN   TXT   v=spf1 include:spf.protection.outlook.com -all   3600s   (01:00:00)
kncminer.com   IN   TXT   MS=ms48774073   3600s   (01:00:00)
kncminer.com   IN   SOA   
server:   ns47.domaincontrol.com
email:   dns@jomax.net
serial:   2013040800
refresh:   28800
retry:   7200
expire:   604800
minimum ttl:   600
3600s   (01:00:00)
Service scan

FTP - 21   Error: TimedOut
SMTP - 25   Error: TimedOut
HTTP - 80   HTTP/1.1 200 OK
Cache-Control: private
Content-Length: 19253
Content-Type: text/html; charset=utf-8
Server: Microsoft-IIS/8.0
X-AspNet-Version: 4.0.30319
Set-Cookie: ASP.NET_SessionId=lo3zqyi5zys4jx4bul3v0ojv; path=/; HttpOnly
Set-Cookie: http%3a%2f%2fwww.kncminer.com_Currency=cCurrencyISO=USD; expires=Thu, 18-Apr-2013 03:54:53 GMT; path=/; HttpOnly
Set-Cookie: http%3a%2f%2fwww.kncminer.com=cUserId=f4012427-ae56-4397-92f5-085e6fb0f32c; expires=Thu, 18-Apr-2013 03:54:53 GMT; path=/; HttpOnly
Set-Cookie: http://www.kncminer.com_Voting=; expires=Fri, 11-Apr-2014 03:54:53 GMT; path=/; HttpOnly
X-Powered-By: ASP.NET
Date: Thu, 11 Apr 2013 03:54:53 GMT
Connection: close
POP3 - 110   Error: TimedOut
IMAP - 143   Error: TimedOut
-- end --
1587  Economy / Services / Re: Looking for someone to create/modify software for this forum [5500+ BTC] on: April 11, 2013, 03:49:35 AM
Was this sup post to be unpinned?

Yes. I thought it was kind of ridiculous that it's been pinned this long.

This project is still open, and the forum does have 5500+ BTC dedicated to it. The OP of this topic is not quite up-to-date on my expectations, though. I will update it at some point.

The forum had 1.3 million dollars worth USD of bitcoin this week. This is unimaginable to even comprehend and people continue to give funds. I'm sorry, with that amount I would take the money and run. Everyone has their price, and that would be mine. Smiley Guys, if you decide to take the money and run, cause I'm almost sure maybe some of you will do that, please save some funds for a decent programmer!! You can actually quit your job/career and retire with the bitcoin you are "holding" for a public/free forum that is running a very old version of free forum software. This is really one for books and should be in the news paper or something. Gotta love it.






1588  Bitcoin / Hardware / Re: Avalon ASIC users thread on: April 11, 2013, 02:51:00 AM
Definitely have to have a UPS connected to protect the unit from surges and spikes. DO NOT trust a power strip. They will not protect your Avalon. A UPS will absorb surges and compensate to spikes...so your Avalon will constantly get clean unadulterated power.


http://www.apc.com/products/resource/include/techspec_index.cfm?base_sku=BR1000G-JP&total_watts=600

1589  Economy / Trading Discussion / Re: Selling coins... on: April 11, 2013, 02:43:46 AM
As I mentioned, we are always looking for the opportunity to purchase coins, and we can do bank wires or account-to-account transfers ... so, keep us in mind!  Smiley

I have to keep remembering that you guys also buy coins. I'm always forgetting. Do you have an online system set up for that, how is the transaction done? Thanks!

1590  Economy / Currency exchange / Re: FastCash4Bitcoins (Update: sales restored) on: April 11, 2013, 02:40:54 AM
Going to reload ACH and Paypal or wait till things settle?

ps

I got so many requests that I enabled sales on the site again.  PayPal and Bank funding available. 
I did increase the margin by about 1% (lowering the price we buy at) to compensate for the risk and volatility out there right now.
I intend to restore normal pricing once the markets show some reduce volatility.

Can't say if it is a better to sell now or wait really depends on where we end up stabilizing at but the option is open.

If you guys keep getting backed up or too much traffic just keep raising the rates to extreme to slow people down. I think that's better then just shutting things down, right? Maybe that's a little too drastic.

1591  Economy / Currency exchange / Re: CryptoCurrent // Bitcoin Sales - Simple & Secure on: April 11, 2013, 02:39:24 AM
Not today, sorry.  We had multiple clients decide to deposit without warning and then not say anything until the price hit $105 ... so we lost about $150+ per coin on thousands of dollars worth of surprise orders.  Sad

We've suspended trading for the time being.

When the cash deposit is made there is a time/date stamp on that deposit, right? Don't you guys use the price of bitcoin at that time/date? Don't let people take advantage of you, not right.


You should have just sent them their original funds back for not following the procedure. Every day customers that follow the rules and procedures should not have suffer for what the others did. And they still even got their bitcoin! There have been several big time sellers that have closed doors temporarily due to the price drop. Hope you get going again....


1592  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 11, 2013, 02:33:04 AM
Boy, lots of hate around here. I thought I was full of hate.

Listen, if the company here has been in business for a while they no undoubtedly have business documents with dates on them. Ones that would be perfectly find for the public to see. Purchase order, invoices, charges, any kind of statements with a letter head and a date. Obviously not some word document that was just made with a logo on the top of it. A business that has been working for many years has thousands of documents just sitting in the office. Please just scan some of these to prove you guys have been around, working and doing business. This is very easy and simple to do. Thanks.
1593  Economy / Currency exchange / Re: FastCash4Bitcoins (Update: additional bank funds added) on: April 10, 2013, 08:34:06 PM
I think ACH is out again. I have very bad timing. I've tried to sell my coins during the past few weeks and every time the funds get filled up again I'm not around. This isn't FC4B's fault at all, I'm just venting. Now I see BTC is at $135, when the last time I looked were around $240. Holy cow batman, that's  a huge fall. Mt Gox's low is $105. WOWzers. What is going on today making the value drop? And I can only assume LOTS of people are trying to sell before they go back down to double digits. At least that's what I'm guessing. Good luck everyone, what a ride.

1594  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 10, 2013, 04:30:02 AM
Orders registered. Look very forward to seeing how this turns out.

If your company can produce a product even equal in stats to the Avalon Asic, you will be unable to keep units in stock. The market needs another competitor right now in a bad way. This will further decentralization, and increase distribution to the masses. Especially at the price point that's being toyed with. Please don't release a product at the price points the other players are playing at (like say a 20ghs miner @ $1500.) You have an amazing opportunity here to benefit the whole community. Your choice to accept PayPal is an honorable one and for any naysayers out there, it should be enough to convince them to spend their money with you. At worst case, they could always request a refund through PayPal.

If they release before Avalon customers get their units they will be quite pissed off, since they paid what, $6000 or more. WOW what a bummer and NO REFUNDS with the Avalon either. Man, it feels real good to see a possible potential company that isn't a scam. Who knows, we will see.

1595  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 10, 2013, 04:27:51 AM
Really hope this project is legit. Full support!

This would be great if they actually come out with a product AND start shipping before BFL. Hahahahaha.
1596  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 10, 2013, 04:22:27 AM
Will it be possible to pick the miners up in person and pay via cash?
Why are yourprices in USD when you are situated in the EU?

What prices? I don't see prices anywhere on their page.

1597  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 10, 2013, 04:19:49 AM
Sorry to be skeptical, but here we go again

New company springs up
no product or even product specs
shipping some time in the future
join the cue and only pay half price-what a deal

Thanks for your reply. I honestly can’t blame you at all and I think you are quite right. To make people feel better I will try to do my best to answer as many questions as possible.
First I will start by listing our negative points and then the points that I believe will help people
1.   We have only just opened
2.   We have no previous history
3.   We are taking your money in Advance
So to answer these issues I would like to say the following and please feel free to quote me.

1.   Yes we have just sprang up, everyone has to start somewhere, We have been personally mining for a few months and we want to be part of the ASIC wave which I think we can all say is coming in the next few months Avalon have already started and I don’t need to talk about BFL. 
2.   The hardware development companies we are using (names will become public shortly) have many years of ASIC and FPGA development behind them and we are confident that with their expertise we can produce and deliver when they become public so will there work and you can purchase there designs and see all the publicly available information on them
3.   Let me be very clear on this one our web shop is not taking payments for ANY products today at all. We will only open up for payments when we have some more significant specs to provide. We have opened up for registration only and so that when we do launch a product we will hopefully have a bit of history so point 1 will become less of an issue.

Things that will happen this week
We are going through Thawte to get a EV certificate so our website will be https to give you extra confidence. We will be constantly posting on our news pages of the progress we make in the next few weeks,
We are holding daily meetings with the partners and getting reports on progress on the development, we are faces with some challenges and some decisions that will be made,

We will use the voting section on our site to allow as getting feedback on things like power consumptions requirements and device size. Time is at the essence and we will take feedback and suggestions from anyone in this early stage to actually drive the development with real user requirements

ONLY then when we have enough stats and some hard figures will we launch the ability to enter the order queue, so before that day comes I would like to ask all the Secptics out there, to please comment here and reply. The more you ask questions the more I will try to produce something that will enable you to trust us. I understand that this need will disappear after we actually ship and everyone feel free to actually wait to place the order. But the more people that register the more our hardware partners will through resources at it and the faster we can get something that you can actually order and mine with

As for names behind the company I can give you two names today

Mine is Sam Cole and my college is Andreas Kennemar the company we hold together is called Kennemar & Cole Hense the KNC in the name of KNCminer our other business is an IT consultancy in Sweden we have a site called www.hitta.se you will find  us both on there,


Will you be trying to rape everyone by charging prices that most middle class working people can't afford like $10,000 for a miner or are you going to  charge a more reasonable price? The only reason I could ever think of why you guys would want to sell mining hardware because you are already making a ton of money mining already is to make as much money as you can. Could you give us at least an approx price range?

Thanks
1598  Bitcoin / Hardware / Re: First BFL ASIC! on: April 10, 2013, 04:15:17 AM
April 9th and no one else has "received" a BFL ASIC???

Luke, what are we to think?
As far as I'm aware, BFL is waiting until a hardware revision is done to improve power usage before delivering any more.
I want the rest of my order just as much as anyone else  Tongue

"delivering any more"

BFL has delivered ASIC units to customers? I haven't seen on post on here about it.

1599  Bitcoin / Hardware / Re: First BFL ASIC! on: April 10, 2013, 04:11:14 AM
Shame on BFL

I'm not BFL you moron.

all you do over here is posting profanity

All you do is repeat the same red text saying "there's no confirmation" despite there being moderate levels of confirmation. Enough "confirmation" for a criminal trial? Fuck no, but the preponderance of the evidence points to real but shitty ASICs.

still no confirmation of a working asic product

It's going to be fucking hilarious in 6 months when they finally ship.

you do not see a problem with 6 month from now?

This is where the argument can get confusing for some. The issue isn't "Will they ever ship, EVER", it's "will the highly speculative product be worth the risk after all the gold has already been mined?".

They advertised made-to-order shovels, but they're waiting until after the gold rush is over to provide them it seems.

That's why I suggested in the beginning of March we should do this: https://bitcointalk.org/index.php?topic=151619.0

And yes, I've already got my refund from the two orders I had. Too bad I didn't leave them in a wallet long enough. I would have never thought over $240 for bitcoin.

1600  Bitcoin / Hardware / Re: First BFL ASIC! on: April 10, 2013, 03:59:19 AM
People have received refunds ... sometimes fast sometimes slow.

Some people may have received refunds. I did not receive a refund from BFL and I did not receive a refund from bASIC. I clearly do not belong to the group of people getting refunds!

In the bASIC case, I received the promise that I will receive a refund, at least. In the BFL case there was no answer at all. In both cases I expect the money to be lost.


Send them a letter from your lawyers office. If they can't produce something you paid for (refunds or not) you are entitled to your money back. That's a serious crime if an online company just takes money from people then does not supply customer's with refunds upon request because there is no product. I can see if the customer just purchased it, and even three weeks down the road...but when you are talking about months and months then that's pretty much a given. ANY office unofficial or not will side with you on this one.

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