You should just learn to use electrum or blockchain.info wallet (which is really really basic as long as you don't use the advanced features). Running a full node just to make BTC transactions is a bitch. If you're going to run a full node keep it up as close to 24/7 as possible to support the network, otherwise you should save yourself the headache

To the IRS Bitcoin is a commodity. To the rest of the government it is potentially a money and thus you would not be protected by stating that you are simply selling a commodity. If you are going to be exchanging a lot of bitcoins/USD you really need a money transmitting license and you WILL need to comply with KYC-AML laws otherwise they will nail you to the wall, if for nothing else but to make an example of you.

It's not worth jail time. Just don't do it, and if you're going to do it, make sure its on a very small scale and with trustworthy people. IE selling a few coins to a friend probably won't land you in a federal prison

So my hashlet prime is still paying out roughly the same amount of bitcoins per day (0.00063178 yesterday) even though the rate of the hashlet solo's IE the multihashlet is only paying out 0.00029489 BTC per day. And those numbers are WITHOUT me using the free 50% boost on my hashlet prime daily    Whatever Gaw is doing on their zenpool with the hashlet's prime is definitely worth my ROI time not getting any worse.


I haven't reached ROI YET, but I am getting close

I apologize, due to my travels I've had limited access to my computer. BUT I'm online now and starting payouts

9/23/14 Online and Updating

Hello everyone I"m online now and starting payouts.

swarley: I don't know what is going on but I still cant see your purchase. PM me your last 5 digits of your IP and I can lookup your order another way. Otherwise I still don't see anything

Yolo: Great, I see all your transactions! Please just let me know what address you would like your bitcoins sent to

rhegie13: Great News! Using your IP address I actually see your order being $419 USD instead of $314 so I have EXTRA money for you!!! Just send me your bitcoin address


That seems to be everyone for for the past 3 days   If I somehow missed anyone please just send me another PM and I'll get on it ASAP.

Hello everyone I'm currently traveling but will be making payouts tonight

I am enjoying my interval scheduled purchase of cheap coins actually.

As large miners have to pay electricity bills and the price of bitcoin keeps downtrending, they continually have to sell larger percentages of their mined coins to cover their operational costs (warehouse, electricity, maintenance etc) causing a downward pressure.

Where is the github if it's open source?

Yes Bitcoin value has gone way up over the past few months as its usability has greatly increased. Unfortunately it's just its price that has gone in the other direction.

Grats man. You had quite an amount of capital to invest there and you may have bought at the bottom (hoepfully   )

Bitcoin Price Collapse 9/19/14

The recent collapse in Bitcoin’s value is one more reminder of the volatility involved in cryptocurrencies. It’s also a reminder of human nature: Everybody loves something when it’s up, but even Bitcointalk users will act disillusioned at times when it’s way down. Perhaps people are simply forgetting one of the first rules of investing. Buy low, sell high, and sometimes you’ll have to ride out the times when something is going through a rough patch if you’re sure it’ll work in the long run....

http://www.geekcipher.com/technology/bitcoin-price-collapse-91914/

Found another goodie that supports my 10% rule.

"If over 10% of your submissions are your own site/content/affiliate links, you're almost certainly a spammer."

http://www.reddit.com/wiki/faq#wiki_what_constitutes_spam.3F

Why does last year's price no longer matter? I'm sure there are people still holding from a year ago that would care how their BTC portfolio looks.

If I recall correctly you were giving out bitcoins for people to make reddit posts/comments/votes w/e for your sites content.

Reddit rules: You should not vote up only things from your domain or project, or have any other employees or fans do the same
I said "posting your own content more than 1/10 times is considered spam" reddit says "a general rule of thumb is 10% or less of your links should be your own site" essentially same shit. And I'll let you surf to find the source since I know you will......reddit also says, and I'm paraphrasing, "anytime you post content that you directly benefit from, consider yourself on thin ice".

Reddit has NOTHING to do with free speech. They host that content and have the right to allow whatever type of posts they want while filtering the rest. If you want FREE SPEECH create your own website and host it there....just like your doing with banksworstfear.

"You thought I just made up multiple author names to trick those of lesser intelligence than you that we're a crew of writers?"
By a "crew of writers" what you really mean is that you pay others to write articles for you so that you gain brand recognition and revenue without having to create all the articles yourself.


I think banksworstfear is a good website and we need sites like that. I just think you need to stop whining over reddit not allowing your content links over there anymore, move on and keep doing what you're doing. Your acting like some elementary kid that wants everyone to "play fair".

Update 9/20/14

dance191 has paid me in full without escrow. Will be shipping ASAP.

Update 9/20/14

Online and making payout for 9/19/14 and 9/20/14

Katak: I only see one order from you and it was on 9/14/14. Please be sure to click my link for each new purchase if you want to use my deal in the future. Bitcoins sent.

Yolo: You need to tell me your purchase amounts and what date. Not just that your from Austria >.<

idontwantaname: Bitcoins sent! By the way, are bitcoin addresses that start with a "3" multisig? Or something else? I haven't seen one of those before.

FastByte33: Please refer to the OP. I need the date of purchase, the total purchase amount for each order and what country your from. Sending me just your BTC address doesn't help me with much >.<

kieco: Bitcoins sent! Pleasure doing business with you again.

swarley: I'm sorry I don't see your transaction. Sent you a PM.


Okay all payouts have been made for today.

If you look to each "crash and rebound" prior to November's massive bubble, you will see what mooncake is talking about. I'm going to steal a quote from adamsgt by saying "digital money is happening, and it's happening here" anyone that doesn't have at least some investment in it clearly cannot see the future possibilities of how this will change money forever.

I'm sorry guys long day for me. I will be making 9/19/14 and 9/20/14 payouts on 9/20/14 during the evening.

I think just being in it for the long haul is a better strategy. Don't get to worried about the prices over months. Look more at a 2+ year investment. Even great companies like Google (great cash flow, hardly any debt) has hard times intra-annually.

Thank you very much for that explanation.