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1161  Economy / Auctions / Re: 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 07, 2013, 09:43:51 PM
You should make your min bid price your reserve price.  Your last auction you didn't sell below the reserve so this would save alot of wasted time.

Both starting bid and reserve price are clearly stated in the OP, and are two different things.

Above reserve price, the units are automatically sold. Below reserve price but above starting bid I'll consider it.

Best bid: 4 @ 10 BTC each (yochdog)
1162  Economy / Auctions / 4 KnC Jupiters +/- 550GH/s stable, IN HAND - IMMEDIATE DELIVERY on: November 07, 2013, 09:34:11 PM
This is an auction for 4 KnC Jupiter, hashing stable at +/- 550GH/s. Info:

  • located in the EU
  • will be shipped just after the auction ends with UPS Express Saver service. That means next day delivery for most EU, and 48 hours delivery for the rest of the world
  • any kind of ownership proofs will be sent through PM at buyers request
  • full escrow is possible with JohnK., to be organized and paid by the buyer
  • minimum increment per bid: 1 BTC
  • reserve price: 26 BTC + shipping
  • starting bid: 10 BTC + shipping
  • auction ends on Monday, 11th November at 11:00 UTC

How to bid?

Post your bids in this thread. Prices must be stated in BTC per Jupiter. You must state the max number of Jupiters you want (eg: 3@35).

So if someone bids for 4 Jupiters @ 40 BTC and this is the highest bid, then he'll get all 4 Jupiters. If the two highest bids are 4 Jupiters @ 40 BTC and 1 Jupiter @ 45 BTC, then the first person will get 3 Jupiters and the second person will get 1 Jupiter.

A previous successful action of one of my Jupiters: https://bitcointalk.org/index.php?topic=314656.0

Happy bidding.
1163  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: November 07, 2013, 05:25:59 PM

In this reddit thread it's said TF made all time high bets on JD, is that true?
Back when JD was new, when the ATH was small and when BTCUSD was low. The bets are from my own funds.

BTCUSD low ? I wasn't aware JD was operating since 2012 or earlier.

Low is relative term. You can bet $300 per coin will look extremely low if BTC is still around in 2017.

Low here is not relative since BTCUSD wasn't low since JD started operating.

It wasn't? AFAIK J-D started operating at the very end of June, and just a few days after we had a low of $63 on Bitstamp. Now its almost 5 times higher, thus we can say that $63 was low.

As I said, if BTC is still around in 2017 $300 per coin will look very low.

$63, $50, $40 are all not low. Bitcoin used to be worth close to nothing, so this entire year is almost entirely very high. Saying that bets were done when BTCUSD was low has no meaning here.

So I guess that for you $1 per coin is extremely high, considering that in October 2010 you could have bought 1 coin for $0.06

Was JD running October 2010 ? Thanks.

No, but it was on beginning of July 2013, when the BTCUSD was low. Thanks.
1164  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: November 07, 2013, 05:06:06 PM

In this reddit thread it's said TF made all time high bets on JD, is that true?
Back when JD was new, when the ATH was small and when BTCUSD was low. The bets are from my own funds.

BTCUSD low ? I wasn't aware JD was operating since 2012 or earlier.

Low is relative term. You can bet $300 per coin will look extremely low if BTC is still around in 2017.

Low here is not relative since BTCUSD wasn't low since JD started operating.

It wasn't? AFAIK J-D started operating at the very end of June, and just a few days after we had a low of $63 on Bitstamp. Now its almost 5 times higher, thus we can say that $63 was low.

As I said, if BTC is still around in 2017 $300 per coin will look very low.

$63, $50, $40 are all not low. Bitcoin used to be worth close to nothing, so this entire year is almost entirely very high. Saying that bets were done when BTCUSD was low has no meaning here.

So I guess that for you $1 per coin is extremely high, considering that in October 2010 you could have bought 1 coin for $0.06
1165  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: November 07, 2013, 04:55:52 PM

In this reddit thread it's said TF made all time high bets on JD, is that true?
Back when JD was new, when the ATH was small and when BTCUSD was low. The bets are from my own funds.

BTCUSD low ? I wasn't aware JD was operating since 2012 or earlier.

Low is relative term. You can bet $300 per coin will look extremely low if BTC is still around in 2017.

Low here is not relative since BTCUSD wasn't low since JD started operating.

It wasn't? AFAIK J-D started operating at the very end of June, and just a few days after we had a low of $63 on Bitstamp. Now its almost 5 times higher, thus we can say that $63 was low.

As I said, if BTC is still around in 2017 $300 per coin will look very low.
1166  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: November 07, 2013, 04:46:03 PM

In this reddit thread it's said TF made all time high bets on JD, is that true?
Back when JD was new, when the ATH was small and when BTCUSD was low. The bets are from my own funds.

BTCUSD low ? I wasn't aware JD was operating since 2012 or earlier.

Low is relative term. You can bet $300 per coin will look extremely low if BTC is still around in 2017.
1167  Bitcoin / Pools / Re: [500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: November 07, 2013, 04:14:19 PM
I'm glad that crazy round is over with. That actually smashed our long standing worst round luck. Sad

Lets hope it doesn't happen again any time soon.

Luck is luck. It just averages out in the long term. No problem at all...
1168  Local / España / Re: Vendo KnC Jupiter hasheando estable a +525GH/s, DISPONIBILIDAD IMMEDIATA on: November 07, 2013, 04:12:19 PM
Precio actualizado:

  • El precio es de 26 BTC incluyendo fuente de alimentación (Aerocool StrikeX 1100W 80Plus Gold) y SAI
  • Si no se desea fuente de alimentación y SAI, y la entrega es en mano o el envío a cargo del comprador, el precio es de 23 BTC
1169  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 04:02:00 PM
It's extremely possible there could be no big crash this time around. All the people selling now expecting a 3rd crash so they can buy back in will be fucked. Most of the last crashes involved some bad news of sorts. Things tend to happen twice in bitcoin, but not a third time. Don't be surprised if all we get are mini crashes on the way up. It's a good way to take coins from the weak hands who don't know what they have.
What bad news happened before 9 April 2013 ?

a fair question. well gox getting dosd made a lot of people panic, and if enough people panic a crash becomes unstoppable.

BS. Nothing special happened. Is just that after a speculative mania period someone realized a huge chunk of profits, triggering panic sells.

This will happen again - over and over and over. Is just that the bottom will be higher and higher and higher. Until BTC finally becomes the world reserve currency or it disappears for good.
1170  Bitcoin / Pools / Re: [500Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 # on: November 07, 2013, 11:48:44 AM
We just found a block Cheesy
1171  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Play or Invest : 1% House Edge : Banter++ on: November 07, 2013, 11:14:08 AM
Hot wallet completely empty ATM?
1172  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 11:00:43 AM
What time is it in the USA?

4 to 6 AM

But USA does not drive shit lately. China does.
1173  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 07, 2013, 10:58:30 AM
Flashcrash alert.

The rest of the week may be choppy since we are already so much higher than last week. The weekly gains tend to normalize, and I would not be surprised to see Sunday at around 280-300 like we are now.

Retest of previous ATH from the above in the form of flashcrash is probably coming. I don't believe sub-250 territory will be visited edit: except during the flashcrash.

Risk of a change in main trend is low.

Looking forward, it is better to buy now than wait. I would be wary if price goes 600+ in November or 700+ in December, since they may be overextended.

I find myself agreeing with Pietilä, which feels awkward indeed Smiley

In my opinion this rally is fueled by:

1) Huge media exposure that led to speculative mania in China (the Feb-April rally was driven by the West; this rally is driven by the Chinese)
2) Big scarcity of coins, created by a) hard decrease in mining profitability (miners are holding like mofo's); b) artificial demand on Gox due to liquidity problems.

These two things combined are taking us to the moon - and I wonder what happens when the western media wakes up to the sound of the new ATH we recently passed  Tongue

Possible negative factors leading to stagnation/crash:

- Gox going broke. Big investors still have their money there, if Gox goes busto it will be a big hit to the confidence of some whales. Nevertheless, that would slow things down, there will be a little bit of drama, but if safe alternatives come up it will just be a bump on the road.

Possible positive factors leading us to 5 figures and beyond, quickly:

- the SEC approves the Bitcoin ETF Smiley

1174  Economy / Speculation / Re: Automated posting on: November 06, 2013, 12:03:10 PM


Nice wall at $273.
1175  Bitcoin / Hardware / Re: KnCMiner Jupiter Miner First Impressions on: November 06, 2013, 11:23:29 AM
overclock tips?

thanks

I think 140GH/s per chip is the maximum, so not much room for overclock.

I'm getting 144GH/s per chip without overclock.
1176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 10:42:56 AM
here......we......go........again

1177  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 09:59:22 AM
The old ATH now feels like "cheap coins" just 7 months later Cheesy

1178  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 05, 2013, 10:24:01 PM
Of course its about the $ value

How would you feel about ROI on miner hardware if the reverse was true?

If you had paid 100 BTC for a miner when BTC was worth $100

You mined 101 BTC but BTC value dropped to $50

Would you say you have made a ROI?

Yes! More BTC than you started with is a profit. Less BTC than you started with is a loss.

Exactly. It's incredible how is so difficult for some people to understand such simple concepts: You are buying a machine that mines bitcoins. If it mines less bitcoins than you have paid for it (or that you could have bought when you paid for the machine), then you did bad.

So I paid 7000USD for a Jupiter and if by any miracle I mine and sell BTC for 14000USD then I did bad?

It depends on how many coins you spent on it, or on how many coins you could have bought with 7000USD when you paid for the unit.

Most of batch 1 customers bought their units in June, when BTC/USD was at $100, that means aprox. 70 coins per unit.

If a batch 1 Jupiter mines less than 70 coins in its lifetime then yes, batch 1 customers would have been better by buying BTC.

All the above is painfully obvious, and still some deny the obvious.
1179  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 05, 2013, 10:15:36 PM
Of course its about the $ value

How would you feel about ROI on miner hardware if the reverse was true?

If you had paid 100 BTC for a miner when BTC was worth $100

You mined 101 BTC but BTC value dropped to $50

Would you say you have made a ROI?

Yes! More BTC than you started with is a profit. Less BTC than you started with is a loss.

Exactly. It's incredible how is so difficult for some people to understand such simple concepts: You are buying a machine that mines bitcoins. If it mines less bitcoins than you have paid for it (or that you could have bought when you paid for the machine), then you did bad.
1180  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: November 05, 2013, 06:45:34 PM
A little premature don't you think?

Yeah, please try again around 1000 USD/BTC price point, thank you!

Those who mined&bought BTC are already among the new wealthy elite, no need to wait for $1000 USD/BTC.
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