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1121  Economy / Speculation / Re: A correction is happening. on: January 24, 2013, 08:52:52 PM
Naj. Look at the volume. More than two millions USD moved in a day if I read it right. Wow. I like to believe that this market has drawn the attention of one financial wolf whose pockets are deep enough. To play the pump and dump game at such scale.

Damn I'm out of popcorn. And I wish I had money sitting on Gox.
1122  Economy / Scam Accusations / Re: Nefario on: November 22, 2012, 11:32:57 PM
In case someone has a double payment and isnt included in asset infos given to issuer maybe try that and email nefario then with a matching topic that attracts his attention like: "I paid back double payment!!!" or similar so that he will read it.

You forgot the additional requirement. Let me fix that.

To get your asset infos released to issuers in the email to Nefario please attach a picture of yourself, naked, wearing fishnet stockings while handstand walking. But please wear a guy fawkes mask - on your face not other body parts - so that your real identity is protected.

IMPORTANT! Only submissions where both the mask's moustaches are pointing UPWARDS AND the fishnet stockings are PINK coloured will be considered.

Sorry I feel funny today.
1123  Economy / Scam Accusations / Re: Nefario on: November 20, 2012, 09:36:00 PM
I think thats his reaction to claims that he is a scammer.

He IS a scammer.
You can call him a SELECTIVE scammer if you want.
Still a scammer he is.

And i think he didnt get all the double payment back yet. So he cant pay all the remaining btc back yet. Probably he want to exclude the persons that hold double payments hostage from the asset infos so they can see that they should pay back. When they do he will pay back your money too.

once more, I got no email asking me to return my tiny double payment.
1124  Economy / Scam Accusations / Re: Nefario on: November 19, 2012, 07:03:23 AM
So I posted about my intention to go and find him for a chat.
I think that right after that some posts have been deleted from this thread, as the page count went back from 83 to 82.
Huh, what a coincidence.
1125  Economy / Scam Accusations / Re: Nefario on: November 17, 2012, 05:31:21 PM
I got double payment (some miserable less-than-a-bitcoin vs the 400+ I invested) but no email asking me to return that tiny amount.
And no, it's not in my spam folder.

This is one of those troubled times where you can tell honourable men from douchebags.
I think the douchebags here - Nefario and the people who are protecting his identity, whatever their purpose - are just hoping the whole matter will be forgotten over time... and sadly in the long run they might be right.

As many of you, I don't have time/resources to dedicate into starting a potentially long lasting lawsuit with an uncertain outcome, lawsuit which could also get me into trouble. My country's government is taxing investments in stock.

But it would make me feel much much better to have a chance to look at James straight in the eyes and hear what he has to say.
Flying to London is relatively unexpensive to me, and I could use a weekend to do some shopping over there.
So I can be in UK some time next month. Can you give me his contact details? I'd love to meet him.
1126  Bitcoin / Hardware / Re: USB hubs for ASICs on: November 01, 2012, 09:55:42 PM
MondoHub looks perfect.

Fill that puppy up with ASICs.

guys, it's only 4 amps = 8 ports at full 500mA USB2 specs.

The details show:

  • Up to 500 mA power, all ports
  • Input: 100 - 240 V, 50/60 Hz; 1.6A, maximum

So I think it will be fine.

No it won't. Re-read the specs. Power adapter part.
1127  Bitcoin / Hardware / Re: USB hubs for ASICs on: October 30, 2012, 02:25:04 PM
MondoHub looks perfect.

Fill that puppy up with ASICs.

guys, it's only 4 amps = 8 ports at full 500mA USB2 specs.
1128  Economy / Scam Accusations / Re: Nefario on: October 30, 2012, 02:22:41 PM
I think he cant simply take it away because there still should be persons that will claim their infos/BTC. Maybe he is installing a new script but learned from the past (double payment) to make proper testing before running something live. I have the slight hope that he implements something to get the asset info.

Edit: Communication!

yeah right.  Angry
Honestly, he's acting like a cunt. I can't believe there are still people buying into his load of bollocks.
But I read that once he was an esteemed member of the community.
The best conjecture I can make is that he sincerely believes his own bullshit and he is detaching more and more from reality as time goes.

Reminds me of a once-close-friend-of-mine who got himself into trouble with debt - by means of a lifestyle he could not really afford. He asked me for a loan, and I gave it to him. Then he would delay the repayments, coming up with different excuses every time. The last straw was when he said the bank wouldn't wire the money back to my account.
I got the money back with a few months delay but I lost that friend after that. Well, I had already lost him anyway.

My point is that over time, you can get your conscience to sleep and can find reasons to morally justify anything, especially if you're weak.
He will convince himself that stealing money was legit, because he's not really stealing, just taking the money he is owed.
Generally drugs and isolation can ease the process.
I think you can't afford to be patient with a person going down the bollocks route. He'll bring you down with him. You better find a way to get back what is owed to you and then stay away from him.
1129  Economy / Speculation / Re: Downward trend imminent on: October 27, 2012, 05:56:38 PM
Care to explain why all 3 turning out scams would move the rate down that drastically (or at all for that matter)?

ASIC investors seeling their BTCs to repay the loans in fiat they originally got to fill in their pre-orders?
Depressed people dumping all their BTCs and embracing new religions due to utter loss of trust in the bitcoin world?

(all of these being temporary phenomena and at the same time a great chance to buy).
1130  Economy / Speculation / Re: Downward trend imminent on: October 26, 2012, 04:28:16 PM
This is totally normal Bitcoin-behavior, those swings are just more rare than last year. Which is 98% pure speculation driven anyway. ..Which brings me to question your motives for your long post: FUD? How many $ are waiting on your Gox? :-P

FUD, not really. Just contributing my analysis to the discussion, maybe it is valuable to someone Smiley

In fairness I'm skinned for cash this month so I can't invest in more bitcoins. In my situation, it is in my personal interest for bitcoins to skyrocket not plunge. And as I wrote, I'm confident this is just a blip.

Still, 10% of USD value lost in two weeks is a considerable amount, depending on the scale of your investment, of course.
1131  Economy / Speculation / Re: Downward trend imminent on: October 26, 2012, 12:09:57 PM
I just think that GLBSE turning out to be another scam* coming from a (ex-) highly trusted member of the community, has shattered the trust of many small-amount investors. Also the subsequent fingerpointing game is involving some admins and moderators, which in turn are losing their patience and banning long time members. All of this leaves some bitter feeling that will take some time to heal.

By "small-amount investors" I'm referring to the kind of computer-savvy type that understands how bitcoin works and would see in it a chance to make fast money due to fiat value of bitcoin increasing. Well, I expect most of the people in bitcoin world by now to be in for the chances of profit rather than for the anarchist/save-the world-from-the-evil-banking-system ideas.

So I think that those investors are giving up on their dreams of getting rich through bitcoin, and selling en-masse.
IMO this is just a blip in the life of bitcoin, but the price is mostly fuelled by mass psychology so there's still the risk of a chain reaction.

Also IMO this confidence crash is a good learning experience for the bitcoin community, because it creates awareness and helps preventing disasters of such a high magnitude from happening in the future.

* you can have different opinion on this - James still has a scammer tag 'tho.
1132  Economy / Scam Accusations / Re: Nefario on: October 24, 2012, 08:17:56 PM
I just checked and I got double payment. Less than a bitcoin anyway.

But Nefario keeps all of the assets I bought hostage for an unlimited time, which is a month and half worth of my salary, with puerile excuses.
His actions have caused those assets to lose most if not all of their value anyway, due to imposed lack of liquidity.

So I have a hard time in choosing to return that less-than-a-bitcoin amount back to him. It feels like I'm going to be had again, and taken the piss of at the same time.

"Never invest in bitcoin anything that you can't afford to lose" they say in this forum - and yeah I could afford to lose that month-and-a-half worth of salary, fine, I'm wealthy enough.
But again I could have rather invested it in nice holidays, or even just left it sitting there in my wallet. Instead it's gone - because of him.

We know his real name. What I can say for sure is that I'll remember it for decades and, if I ever see it associated to any business of any kind, I'll make sure everyone of his clients and partners is well informed of what he did.
1133  Economy / Scam Accusations / Re: FRAUD ALERT: Jermainť took my money on: October 24, 2012, 07:55:33 PM
Just noticing a coincidence, from the 3rd Google search result.

McKinney, TX.
Just sounds familiar.

Probably just a name coincidence.
1134  Other / CPU/GPU Bitcoin mining hardware / Re: External PCIe Gen3 to GPU Desktop Enclosure on: October 17, 2012, 10:37:55 AM
Weird cuz that's exactly the layout of this thing.

8 slots, 4 usable with proper GPUs. Not good.
(proper GPUs extend to two slots)

Unless, of course, you limit your choice to single-slot cards. Something like this:
Then you can get 8 of those, the mobo you said, a 1200W power supply* and your 1.6 Ghash rig is reality.

* 1200W is enough. I do 1.4Ghash with 750W on less efficient hardware.
1135  Other / CPU/GPU Bitcoin mining hardware / Re: External PCIe Gen3 to GPU Desktop Enclosure on: October 16, 2012, 10:59:15 PM

I have something similar. IMHO it's not really useful to have 8 single-spaced slots. Most GPU cards will take two slots just to fit the heatsink and fan, thus leaving half of the PCI slots on the mobo unused.

In my case, in order to avail of all single-spaced slots, I had to saw off the extra slot on each GPU and replace the heatsink with special thin water blocks. That took time and money.
1136  Bitcoin / Bitcoin Discussion / Re: Bitcoin adoption heat map on: October 15, 2012, 09:48:46 PM
Top 5 is:

For what concerns Finland and Sweden, I think it's due to the quality of internet literacy and their education to democracy, as well as the purchasing power of citizens: average salaries are very high so I'd say they can afford buying GPUs for fun - or maybe for home heating  Grin
Same could be said for Iceland, and on top of that the price of electrical power supply are ridiculously low over there, thanks to geothermal power plants.

Avout Slovenia, power prices are moderate but maybe there are some individuals that are heavily investing in bitcoins, whatever their purpose.
Canada I don't know?
1137  Economy / Scam Accusations / Re: Nefario on: October 15, 2012, 09:16:32 PM
Got email:

Your GLBSE account has been partially processed. 90% of your funds have been returned to you with this payment. Once we recieve the remaining funds from our treasurer and secretary the final payment will be made and you will be informed. We will also inform you when we process your assets, allowing you to continue your relationship with your issuer.

That was one hour and 20 minutes ago.
But I haven't seen the (very little) sum showing up in the wallet address I provided.
Not that it matters much to me, if not for the principle.
But I had a fair amount of now-worthless shares.

some stocks started to plummet about 1-2 weeks before GLBSE closure.
"as if" some of the asset holders were in a big hurry to sell?
"as if" some of the asset holders had seen this coming?
It's mere speculation, I know. Couldn't help keeping my mouth shut 'tho.

Quote from interview:
Vitalik: OK, you have a form up now, asking for email and BTC address. So, if youíre fine with giving your contact details to the issuers, the issuers can contact you by email from there. What happens if you donít want that?

James: Then youíre choosing not to continue your relationship with your issuer. Iím sure your shares will still exist, but your issuer wonít know who you are, so you wonít be able to collect them.

... and on top of going away with it, he is also taking the piss of us all.

EDIT: I got my tiny bitcoin deposit back.
1138  Economy / Scam Accusations / Re: Nefario on: October 14, 2012, 11:10:24 PM
We can put our pickaxes down. 

the shares are still worthless since they can't be sold, and that loss of value is still Nefario's fault. His actions gave issuers an easy excuse to walk away with no responsibilities, and I wouldn't be surprised if e.g. Obsi and Usagi will simply do so.

(make me happy, prove me wrong)
1139  Bitcoin / Hardware / Re: USB hubs for ASICs on: October 12, 2012, 08:25:34 AM

Imagine you can have a heavy duty 5A 10-port USB hub. Imagine such product exists.
Would you buy it? How much would you spend for it?

Nevermind. I think I already found a viable commercial product, without the need for me to go through the hassle of building one.
1140  Bitcoin / Hardware / Re: USB hubs for ASICs on: October 12, 2012, 08:20:25 AM

Imagine you can have a heavy duty 5A 10-port USB hub. Imagine such product exists.
Would you buy it? How much would you spend for it?
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