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1141  Bitcoin / Hardware wallets / Re: Got my Trezor Today on: September 30, 2014, 02:45:51 AM
From what I can see there it looks like the bottom of the box (in the middle of the bottom) looks like the packaging was messed with. Does it have really rough edges on the bottom? Like someone opened it and re-glued it shut? A photo of the white part of the bottom of the box would be helpful.
1142  Bitcoin / Hardware wallets / Re: Got my Trezor Today on: September 30, 2014, 02:40:19 AM
The bottom of the Trezor box doesn't have a seal, look for any evidence of tamper with the bottom. Also is there a way to reset the trezor seed? If it already has one I definitely wouldn't use it, but that's just me.
1143  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: GAW Miner Discounts - Including Hashlet Prime and Hashlet Solo on: September 30, 2014, 12:10:14 AM
The "WelcomeToGAW" still active? And what Hashlet(s) does it apply to?

Gaw has gotten rid of all official coupons/discounts for their hashlets. With this being said currently the best deal out there right now is the 1.5% back that I can get you from ordering through my link.

ryukamiho Great I got your PM and will be doing payouts a little later tonight Smiley
1144  Bitcoin / Bitcoin Discussion / Re: PETITION AMAZON: 3538 have signed, 5000 needed (1,462 more) on: September 29, 2014, 08:25:52 AM
Nice. I also signed the petition Smiley
1145  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2014, 08:16:35 AM
I remember reading once that Amazon's stock at one point had crashed to $7 before slowly rebounding to the triple digits it is today. If you believe in what we're doing here, patience. Patience. And if you have extra cash around- buy.

I actually consider this to be the Pre-IPO phase of bitcoin. This type of volatility (and growth) is usually only seen by venture capitalists and large investment firms, which makes sense as to why VC's are where most of the current interest is coming from. I don't expect mass consumer adoption and stable pricing such as IPO/Post-IPO status for at least another 2-4 years.
1146  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2014, 08:02:41 AM
mmitech, have you sold all of your bitcoins yet? Before the upcoming crash that is?
1147  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2014, 07:25:56 AM
All the bears selling and shorting now is really going to create a huge buying pressure once we have a good solid period of green candles. Once all of your coins are gone only the holders and miners will have bitcoins and thus creating a smaller daily supply. I really thank you guys for loading this spring.... when the bitcoin market turns around it's going to be quite an epic price explosion.
1148  Bitcoin / Mining speculation / Re: I am tempted to buy some hashlets , should I? on: September 29, 2014, 03:30:59 AM
Quote
Hashlets have 99.9% uptime, are guaranteed to never break down, and have decreasing fees over time, which already start at the record low rate of $.08/day per MH.

Is this a typo? $.08/day per MH = $80/day/GH = $80,000/day/terrahash.

What did I miss?

The $0.08 is for their scrypt miners. For Bitcoin miners its $0.01 per 5 GH SHA-256
1149  Bitcoin / Mining speculation / Re: I am tempted to buy some hashlets , should I? on: September 29, 2014, 12:27:50 AM

- Hashlets can never be unprofitable/never breaks down
By never being unprofitable what they mean is that their hosting fee will ALWAYS be less than the miner makes in a day. Meaning that if the miner gets down to less than $0.08 a day, they will reduce their hosting fee. It never breaks down because most likely we are buying shares of hardware power that they maintain for us



Nobody can guarantee miner's profitability unless the hardware and electricity comes for free.

As a NO BS post I'm currently 85.6% of Bitcoin ROI in just over 35 days and originally I was looking at about a 70 days ROI.. You can watch my ROI updates here: https://bitcointalk.org/index.php?topic=752824.0


Ponzis always pay the first (except cryptcominer  Grin)

You probably will have ROI but many people won't because this is a scam. If you feel good about it go on.

Do you understand that they are not guaranteeing that you will make 100% ROI? They are ONLY guaranteeing that their fees will always be less than the amount of bitcoins mined. Meaning that one day they may have to drop their fee to $0.00 so that your $0.000000000001/day is still "profitable". Don't be tricked by their wording.

I don't think you understand.

They cannot guarantee their fees are less than the amount of bitcoins mined unless they have free electricity.

You say don't be tricked by their wording yet GAWminer puts so much effort in to tricking you with their wording.

They can guarantee 0 fees if they wanted simply by going in the hole until they make more efficient miners. They could have already calculated cost of electricity into their purchases such as the hashlet prime maybe only costing them $10 to make with an estimated $30 of electricity for the next 10 years and then $10 for their profit margin or something else to that extent. Meaning that right now the whole hosting fee could just a bonus revenue for them.
1150  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2014, 12:24:14 AM
As the price declines, it becomes easier for brokers to negotiate lower prices on behalf of their clients to buy bitcoin in large quantities outside the exchanges. We are witnessing a transfer of wealth. The exchanges are so thinly traded that a large institutional trading desk could move the entire bitcoin market. These large corrections have been a part of bitcoin's entire price cycle.

Highly likely. A lot of coins are moving around at or below these prices off exchange. Once this new accumulation has taken place then something like the ETF will be announced or EBAY will directly integrate btc or something and its off to the races. A mania can be whipped up in bitcoin in a few hours of concerted buying. If people think half a billion dollars of VC money is being thrown at bitcoin and noone has thought about the profit potential from actually taking large positions in bitcoin itself then you are in for a surprise.

Edit: though I wish they would hurry up about it..

Nobody is accumulating.

I'm pretty sure a lot of people are accumulating. Myself included...
1151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 29, 2014, 12:03:35 AM
As the price declines, it becomes easier for brokers to negotiate lower prices on behalf of their clients to buy bitcoin in large quantities outside the exchanges. We are witnessing a transfer of wealth. The exchanges are so thinly traded that a large institutional trading desk could move the entire bitcoin market. These large corrections have been a part of bitcoin's entire price cycle.

Highly likely. A lot of coins are moving around at or below these prices off exchange. Once this new accumulation has taken place then something like the ETF will be announced or EBAY will directly integrate btc or something and its off to the races. A mania can be whipped up in bitcoin in a few hours of concerted buying. If people think half a billion dollars of VC money is being thrown at bitcoin and noone has thought about the profit potential from actually taking large positions in bitcoin itself then you are in for a surprise.

Edit: though I wish they would hurry up about it..

I honestly don't think more adoption (IE ebay integrating bitcoin) will really help increase bitcoin prices really. I mean without a discount or easy of use or some other benefit there is no reason for people to convert their fiat into bitcoins and then make the purchase in bitcoins. The more merchant adoption will help people spend their coins easier and thus creating a selling pressure due to increased supply on the exchanges.

In order for price to go up we need something different, we need more demand. Demand will only go up if there is some clear benefit to first converting fiat to bitcoin then using bitcoin in transactions, rather than directly using fiat currency.

We need:
1) More quantitative easing
2) Decreased world reserve of USD
3) Increased fiat taxes
4) Need for increased privacy
5) Massive Economic Downturn
6) Country or very large scale adoption (merchants AND consumers)
7) More bankruptcies
8) Failure of banks
9) Speculation -- The least likely to create long lasting results.
1152  Bitcoin / Mining speculation / Re: I am tempted to buy some hashlets , should I? on: September 28, 2014, 11:55:18 PM

- Hashlets can never be unprofitable/never breaks down
By never being unprofitable what they mean is that their hosting fee will ALWAYS be less than the miner makes in a day. Meaning that if the miner gets down to less than $0.08 a day, they will reduce their hosting fee. It never breaks down because most likely we are buying shares of hardware power that they maintain for us



Nobody can guarantee miner's profitability unless the hardware and electricity comes for free.

As a NO BS post I'm currently 85.6% of Bitcoin ROI in just over 35 days and originally I was looking at about a 70 days ROI.. You can watch my ROI updates here: https://bitcointalk.org/index.php?topic=752824.0


Ponzis always pay the first (except cryptcominer  Grin)

You probably will have ROI but many people won't because this is a scam. If you feel good about it go on.

Do you understand that they are not guaranteeing that you will make 100% ROI? They are ONLY guaranteeing that their fees will always be less than the amount of bitcoins mined. Meaning that one day they may have to drop their fee to $0.00 so that your $0.000000000001/day is still "profitable". Don't be tricked by their wording.
1153  Bitcoin / Mining speculation / Re: Its boggling me that how noobs want to mine so badly on: September 28, 2014, 11:53:08 PM
If you doubt I'm at 85% ROI currently, would you like to place a 1 BTC bet on it?
No, I don't waste money on speculative things. I earn bitcoin through providing services.

And I appreciate you keeping CGMiner updated and everything as that is very important for our mining infrastructure and thus bitcoin's survival. But please don't flame on me for supporting a service that has delivered everything as promised.
1154  Bitcoin / Mining speculation / Re: Its boggling me that how noobs want to mine so badly on: September 28, 2014, 11:21:46 PM
My last miner purchase that was actual hardware unfortunately did really poorly and never reached 100% ROI Sad

With that being said, I've bought a few MH with GAW Miners and I'm currently at 85% bitcoin ROI and should meet > 100% ROI soon, which is a lot better than my previous hardware miner did.

That sounds like an ad to support your ad campaign signature. I'm quite sure your cloud hashing will be just as big a loss. I've described how cloud hashing works here, though the same is true about all mining:

You learn about bitcoin mining, read lots of advertisements, visit lots of flashy sites, compare prices, look at forecasts, consult experts, examine graphs, pick apart forum posts, make predictions based on all that and then you flush your money down the toilet. Then you spend the next 6 months making shit up to convince yourself and others you made money in the process.

I bought my scrypt hardware through GAW way before my ad campaign. I believed I was getting an excellent deal based on ROI times and difficulty. They delivered their product as described and in a very timely manner. And boy did I lose money on my black widow. But that is not GAW's fault, I made a bad judgement call on how fast scrypt difficulty would increase.

As far as cloud mining goes....Do you doubt that I"m 85% ROI on my cloud mining hardware? Or you believe I'm at 85% and just that I won't reach >100% ROI?

If you doubt I'm at 85% ROI currently, would you like to place a 1 BTC bet on it?
1155  Bitcoin / Mining speculation / Re: Is mining still profitable? on: September 28, 2014, 11:11:39 PM
If you buy actual mining hardware then no. You will be eaten alive in cooling and electricity cost.

If you use cloud mining, IE Gaw Miners hashlets, then potentially. I just hit 85% ROI today after 35 days of mining and will reach 100% soon. Also if you're new to mining, never ever buy pre-orders they essentially never work out. If you going to buy hardware instead of cloud mining I'd suggest bitmaintech as they deliver SHA-256 items very quickly. If your going to buy scrypt hardware either wait for Bitmaintech's new device to actually be SHIPPED (do not pre-order) or buy from Gaw miners.

TLDR: I'd suggest cloud mining or buying bitcoin directly.
1156  Bitcoin / Mining speculation / Re: Its boggling me that how noobs want to mine so badly on: September 28, 2014, 11:08:39 PM
My last miner purchase that was actual hardware unfortunately did really poorly and never reached 100% ROI Sad

With that being said, I've bought a few MH with GAW Miners and I'm currently at 85% bitcoin ROI and should meet > 100% ROI soon, which is a lot better than my previous hardware miner did.

If nothing else at least mining brings new people into bitcoin and they can learn how to use bitcoin wallets, how confirmations works, send/receive coins and then talk to their friends about it. I wouldn't recommend buying any actual hardware right now, but cloud mining or just buying straight bitcoin....that I would recommend.
1157  Bitcoin / Mining speculation / Re: I am tempted to buy some hashlets , should I? on: September 28, 2014, 11:03:04 PM
If you don't mind ponzi schemes and bullshit/gimmicky marketing then hashlets might be right for you.
Could you please explain your point? I've seen this attitude towards cloud mining companies and understand when someone is suspicious or cautious, especially after Lunamine went belly up.
I've been dealing with GAW for about 6 months, from the time they were just starting to sell miners (in Spring).

Does Gawminer prove they are mining with actual hardware?

Is there a blockchain address I can verify gawminer has X amount of hashing power? Or even a pool address?

How do you explain BS like:

- Hashlets can never be unprofitable/never breaks down
- Hashlets can mine on multiple pools
- Scrypt+sha256 miner
- Changeable Algorithms


Everything about hashlets screams ponzi and on top of that it's not even a good deal (for the bitcoin miner at least). They want $0.9/gh when you could buy hardware for less than $0.5/gh.

I'm willing to bet this "super advanced hardware" is actually just a few servers running calculations on how much each user SHOULD be paid for mining and redistributes users payments accordingly. (like a ponzi)



- Hashlets can never be unprofitable/never breaks down
By never being unprofitable what they mean is that their hosting fee will ALWAYS be less than the miner makes in a day. Meaning that if the miner gets down to less than $0.08 a day, they will reduce their hosting fee. It never breaks down because most likely we are buying shares of hardware power that they maintain for us
- Hashlets can mine on multiple pools
Mining hardware can always switch pools.
- Scrypt+sha256 miner
Basically what they are doing with their hashlet primes is giving us the option to either use their scrypt miners or their sha256 miners, one at a time.
- Changeable Algorithms
This isn't available yet, but when it is it will be once again switching your share to a different hardware setup they have

As a NO BS post I'm currently 85.6% of Bitcoin ROI in just over 35 days and originally I was looking at about a 70 days ROI.. You can watch my ROI updates here: https://bitcointalk.org/index.php?topic=752824.0

If you want an added discount to the GAW hashlets or Genesis (on top of today's discount) see my signature.
1158  Alternate cryptocurrencies / Mining (Altcoins) / Re: GAW Hashlet ROI Tracking on: September 28, 2014, 11:00:43 PM
9/28/14: I am now 85.6% ROI in terms of bitcoin!!

I'll keep you guys updated. Also this is without using the "boost" on the hashlet primes.
1159  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: GAW Miner Discounts - Including Hashlet Prime and Hashlet Solo on: September 28, 2014, 08:39:41 AM
Okay, all payouts are made for today. Happy mining! And if you enjoyed my service I'd appreciate positive feedback Cheesy

1160  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: GAW Miner Discounts - Including Hashlet Prime and Hashlet Solo on: September 28, 2014, 08:10:39 AM
Update 9/27/14 - Online and processing order payouts!

Hello everyone I'm online and processing payments Smiley

Kieco: Bitcoins sent! Pleasure working with you again  Cheesy

Rookie41: Bitcoins Sent! And yep Gaw Miner hardware counts for the discount in my link too, just let me know the same details and I can send payouts for those as well!

Yolo: Bitcoins sent!

SkrapR: Bitcoins sent!

Pmatescz1: Bitcoins sent! Congrats on all that mining power Cheesy

KevinBlevins: Bitcoins sent! Thank you for sending all the required information without missing anything, makes my life very easy.

CaptainTE: Bitcoins sent! Great doing business with you again Cheesy

Cheeli0: Bitcoins Sent! Thanks for using my link again!

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