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1  Bitcoin / Bitcoin Discussion / Re: ! 5 Bitcoin Independence Day Raffle ! on: July 03, 2013, 05:04:16 PM
thank you! Smiley

rxw

1wjLc66Yx9AgBkfED1yZyaR4xeNYzrUZq
2  Bitcoin / Bitcoin Discussion / Re: Heres what I have created to induce mass adoption on: May 31, 2013, 03:14:03 AM
I just skimmed these, but on the second poster-- "the rewards to you can be substantial wealth"

Quotes likes that are why people characterize bitcoin as a get-rich-quick scheme or a ponzi scheme or whatever
3  Bitcoin / Bitcoin Discussion / Re: Boycott 0.8.2 on: May 05, 2013, 09:25:01 PM
What is the dev's reasoning for blocking microtransactions? Is it to avoid people spamming the blockchain?
4  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 07:35:24 PM
Awesome product.
Unfortunately, your price point is, to be blunt, retarded.


What a convincing argument you've made, thanks for your wonderful contribution to this thread

he is right..stop trolling and tell us, why you think that it is good pricing/selling model (300pcs/order) - for end-user device.

Sorry for the late reply... admittedly, I haven't been following the hardware scene for a while, but it seems to me these compete pretty well with GPUs. They're a little more expensive than a GPU that will do 300 MH, but because they draw much less power, you'll be able to run them for much longer than a gpu without worrying about electricity costs (assuming these are pretty reliable)

As for the 300 min order count, I assume that's just so ASICminer can continue focusing on developing chips rather than selling and marketing them. Shouldn't be too hard to get one of these with a group buy- what's the issue?
5  Bitcoin / Hardware / Re: [Announcement] Block Erupter USB on: May 04, 2013, 03:05:43 PM
Awesome product.
Unfortunately, your price point is, to be blunt, retarded.


What a convincing argument you've made, thanks for your wonderful contribution to this thread
6  Economy / Games and rounds / Re: Contest: New name for BFGMiner! (0.33 - 1 BTC prize) on: February 19, 2013, 04:36:40 AM
St Barbara's Frequent Gains Miner

I also liked gmaxwell's
7  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 13, 2013, 06:33:49 AM
Another buyer has made the same request, so: let this post stand testament that forum user BitHub has sent me 10.08 bitcoins at my address 14uH2222JviobW9kSHfVNBqSHCmGhvBpif (http://blockchain.info/address/14uH2222JviobW9kSHfVNBqSHCmGhvBpif) in exchange for 28 of my shares of ASICMiner.

Despite the overwhelming demand, I am simply not looking to sell any more of my shares, however. Thank you :]

Forum user Bogart has requested I put notice in this thread that I have transferred 50 of my shares to him in exchange for 18 BTC to be received at the address 1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE (http://blockchain.info/address/1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE)

I am not looking to sell any more of my shares at this time. Thank you

On a more thread-related note, it is exciting to speculate on this mystery miner. We can only hope that it's friedcat! Can't wait for Thursday's news.
quoted to lock it in

Feel free to quote this post as well :]
8  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 13, 2013, 05:36:50 AM
Forum user Bogart has requested I put notice in this thread that I have transferred 50 of my shares to him in exchange for 18 BTC to be received at the address 1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE (http://blockchain.info/address/1MtpYXDzZa9XdrXf5JVeFrU99zmYqcBJvE)

I am not looking to sell any more of my shares at this time. Thank you

On a more thread-related note, it is exciting to speculate on this mystery miner. We can only hope that it's friedcat! Can't wait for Thursday's news.
9  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 11, 2013, 10:40:43 PM
I would love to buy a few shares of ASICMining. Any idea of when the exchange will open?

Check the auctions forum, theres at least two open auctions for asicminer shares, including one guy selling 5000 in blocks of 100.

I'm more modest, I'm looking to buy only 50  Embarrassed

I'll sell you 50 of my shares. PM me if you're interested :]
10  Economy / Securities / Re: ASICMINER shares for sale on: February 03, 2013, 01:49:49 AM
I'm interested, but...

Do these trade on an exchange?

If not, how are the shares represented/validated/transferred?

They are temporarily not on an exchange due to GLBSE closing, but they should be back on an exchange in the coming weeks. AFAIK, the head of operations of ASICMINER will not honor any sales between shareholders, so buying/selling is currently on hold.
11  Bitcoin / Bitcoin Discussion / Re: Win 10 BTC: Guess the price on February 1st (no entry fee) on: January 28, 2013, 05:28:37 AM
17.59
12  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 14, 2013, 01:39:23 PM
got my 170-odd shares secured.
what now?

am i rich?
sell for 1 each?

Nobody is buying for 1 each
13  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 14, 2013, 03:23:23 AM
GOOD NEWS!!!

BFL won't start shipping before Feb 10th https://forums.butterflylabs.com/announcements/692-bfl-asic-status.html

So we have a couple more weeks to mine at lower difficulty  Grin

However, Avalon ASIC has announced that they're shipping their first batch by the end of the week (about 20 TeraHash worth, if I remember correctly). They haven't posted pictures or videos of any prototypes, but I haven't seen any reason to doubt they're a trustworthy company either. It'll be a close race to see who's first, that's for sure!
14  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 05, 2013, 02:46:34 PM
This is just a speculation, the reality will not be seen until we can trade shares again, but I think 1 BTC /share is bit on a cheap side.

If you think 1 BTC / share is undervaluing it, then no doubt you would consider the opportunity to buy my shares at 1 BTC each to be a good deal? Let me know and we'll set something up :]
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vanity Addresses Revisited on: November 05, 2012, 05:28:57 PM
So, what your proposing isn't a vanity address in the usual sense (someone spends an unfathomable amount of gpu cycles trying to brute force an actual bitcoin address that meets their criteria), but rather a site where someone can register a string (an "address") and associate with an actual bitcoin address? Then a customer could go to the site to make a payment using just the string?

It seems like a simple enough idea, but like someone said above, I'm not sure what the benefits would be over having a "Click here to pay!" link on a website would be. Also, bitcoin's regular address scheme handles typos with checksums and such, how would this site prevent typos? If Google registered "Google" on the site, what's to stop a scammer from registering "Googel" to point to their own personal bitcoin address?
16  Economy / Securities / Re: BTC-Mining is pretty much free money at this point. on: September 24, 2012, 12:50:52 AM
People could be selling for under 1 because they see a better investment elsewhere... BTC-Mining probably won't get their equipment for a while if they haven't ordered it yet. By the time they get it, what was once worth 1 BTC of ASIC hardware could be worth less than .8 BTC
17  Other / Off-topic / Re: Satoshi Nakamoto is a female! on: August 30, 2012, 09:22:51 AM
hahaha I'm starting a cryptography class on Monday, I'll let you know how many girls are there

EDIT: I checked my classlist, it's 100% dudes judging by first names. Although there is someone named "Oleg", I'm sort of iffy on that one, but I'm betting it's a guy.

Sigh. I wish Ayn Rand was around to see Bitcoin.


“Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others. ”

Ayn Rand was a witch
18  Economy / Securities / Re: [GLBSE] ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 28, 2012, 10:35:55 AM
Friedcat, is it possible to provide a timeline or a line without time  Wink of what is to happen next ?

Thanks

+1

Was one of the large volume sell spikes yesterday (~4 PM and ~7 PM UTC) you moving to USD? If so, I think we got a pretty good price.
19  Bitcoin / Mining speculation / Re: [Poll]First ASIC to mine? on: August 28, 2012, 03:48:22 AM
I know ASICMiner won't sell equipment until BFL releases theirs. At that point, they will collude through pricing to form a duopoly until a third company provides equipment. I think BFL will have a slight advantage in timing to get to market. I think they have more expertise in selling, and shiping, as well as quality control in place. ASICMiner will essentially be the AMD to BFL's Intel.

source?

ASICMiner has said that they will be self mining to recoup costs with first batches. They will have no real incentive to release products until they run out of space to mine, or they start to make more money selling than expanding mining. BFL releasing their product will kill ASICMiner's profits from mining.

I believe they stated that they were going to use a fixed amount (12 TH?) for mining initially, as sort of testing phase so their final product is more polished. After they reach that amount, they have no reason not release their product onto the market
20  Economy / Securities / Re: Portfolio suggestions on: August 27, 2012, 10:01:17 AM
How about https://glbse.com/asset/view/KRAKEN or coming Satoshi Dice pass through https://glbse.com/asset/view/GSDPT ?
GSDPT sounds interesting (growth low-risk company), but has no voting rights. It's the best I've seen so far. KRAKEN is too high-risk for me unless I have a hedge, and also has no voting rights.

Could you explain why you think mining companies will fail? Miners should always, on average, be profitable. If mining becomes unprofitable for some, those with a low profit margin will be forced out, but those with a safer profit margin will be able to stay in and make profits.
I believe mining is in an extended bubble. Mining companies will become forced out by ASIC and low-energy mining.

The majority of successful bitcoin companies are private and dont offer shares to the public they can buy.
A company that can raise money has the ability to be successful. Many large companies are public.

A lot of mining companies have ASIC upgrade paths if you look closely. NASTY for instance should be one of the first to receive them from bfl.

As for companies raising money most countries now have strict rules about public offerings which is unfortunate and means only high net worth individuals are eligible to invest. It sucks. If bitinstant listed on glbse for instance the SEC would massively fine them.
Yeah, at the moment GLBSE is not as legally recognized as Bitcoin. However, I assume BTC-only services and goods providers (e.g. SatoshiDice) would be capable of listing on a stock exchange.

I do not believe mining is ever going to offer the rewards they are now again. Competition is going up, subsidies are going down, and the entire industry is an arms race.

And someone will be selling miners those arms, right?  Wink

https://bitcointalk.org/index.php?topic=99497.0
ASICMiner doesn't really fit your criteria of not being a mining company, but it doesn't look like you considered them in your OP. They plan on selling ASIC hardware- I think they could be a viable competitor to BFL, but do your own research :]
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