|
182
|
Economy / Service Discussion / Re: BitStamp down!????
|
on: March 03, 2013, 11:22:54 AM
|
Might be a coincidence...but about 1/3 of sites I'm trying to load right now are failing to resolve/timing out, and some people in my chat are having the same issue even on other continents.
Cloudflare is/was down, it affected a lot of sites, not just bitcoin ones. |
|
|
|
|
186
|
Economy / Service Discussion / Re: bitcoin cam girls
|
on: March 03, 2013, 11:13:04 AM
|
|
Well, a lot of it comes from projecting my own views - I wouldn't do it regardless of how much money it paid (unless it's an insanely large amount). How much people do it because they genuinely like the experience, versus it's the few ways they can make money?
I don't think it should be banned / made illegal however, it doesn't affect other people.
|
|
|
|
|
187
|
Economy / Speculation / Re: so mt.gox volume is at 12.8k at the moment
|
on: March 03, 2013, 11:10:01 AM
|
How I miss the days before the rally when the price could stay stable for months, those were calm, good days....
Never knew those days. Acquired my first bitcoins a couple of weeks before the Pirate Pump 'n' Dump. Volatility is the norm from all I've seen  I acquired my first bitcoins through mining back in 2010. I wasn't really involved or active in bitcoin at that time until now, but it's impressive that bitcoin has being able to recover from it's all time high and far exceed that, while all the critics were calling bitcoin a scam or worthless. |
|
|
|
|
188
|
Economy / Long-term offers / Re: [BitcoinMax.com] Paying 6.9% per week... Small accounts welcome.
|
on: March 03, 2013, 11:07:38 AM
|
Ian is almost certainly on an incredibly dodgy legal footing, having made huge profit by perpetuating fraud.
So yeah, I'd sue him if I'd been dumb enough to put money into this scheme.
When you had an account with BitcoinMax your contract partner was Ian Grice (paybtc/E&G). So maybe it would be the best to build a legal case against Ian. That way he would at least most probably start to respond.
At one point in time Trendon wanted to have the accounts transfered to him. If Ian had complied, you could go direct for Tendon. Unfortunately, or deliberately?, Ian decided to protect Trendon and keep the accounts. Now Trendon has an additional shield, because only Ian had a contract with him, and Ian is apparently no longer interested. I assume he had profited enough.
Or maybe he has not sent coins (all or just a part of them) to Pirate at all. If you knew right from the start that Pirate never planned to pay back, you could add your own scam on top of it. With the result that the blame goes to Pirate. He just needed to pay the bit of interest which investors requested, something that worked out fine as long as new investors joined; and that worked until Pirate defaulted. With his explanation of "coin ownership change" (see below) he broke the traceability of coins. So even if you could prove that an address holding BMax coins is under his control he could simply say that's because he invested the amount from his other wallet. With this in mind it would be foolish for him to officially acknowledge BMax balances because during a lawsuit it would show that his BST account had less coins than the sum investors sent to him. an example of that would be let's say to start with i have 200 btc which i keep here:
BST wallet 100 i own 100% of these coins
My wallet 100 i own 100% of these coins
then, a bitcoinmax lender decides to invest 40 btc (sending it to MY wallet), the ownership changes immediately to:
BST wallet 100 i own 60 of these coins, and the bitcoinmax lender owns the other 40
My wallet 140 i own 100% of these coins
then if BST stops paying, i've lost 60 btc, and the bitcoinmax lender has lost 40 btc, even though the actual 40 bitcoins that he sent are still unspent in my own personal wallet.
This is very informative and is a great point. It's possible that E&G/Bitcoinmax was running their own ponzi and not actually investing any of the coins into BTS&T, or very small amounts into it. |
|
|
|
|
190
|
Other / Archival / Re: POLL: How much of a discount under fiat?
|
on: March 03, 2013, 11:04:22 AM
|
|
It depends on your profit margin. You wouldn't sell an iPad for 90% of fiat/BTC, would you? However, services for example design / development could be priced substantially lower in Bitcoins, and so would fees.
I'd be happy with a 5% or even 3% discount for goods.
|
|
|
|
|
191
|
Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
|
on: March 03, 2013, 11:02:07 AM
|
Even though you get less dividends you still have a share of the company so any retained earnings invested in expansion adds value for shareholders.
Dividends arent the main game.
I agree with this. This is the first company in Bitcoin history where it could have never issued dividends, and we'd be buying it based on earnings reports and asset valuations. This is a pretty big deal, imo. Yep, dividends are certainly nice but ASICMINER is a great investment even without it. Kinda like how Apple didn't initially issue dividends? |
|
|
|
|
194
|
Economy / Lending / Re: Looking for 3 BTC loan 10% int. for 1 month
|
on: March 03, 2013, 10:56:20 AM
|
Thanks for the advice man, but remember, every businessman has his risky decisions.
Also if anyone is actually considering this loan I can provide photo ID and a picture of me time stamped to verify it if they PM me.
Not a man :) A photo ID isn't really useful as a lot of scammers here just run away even through there's ID. Plus, fake IDs are fairly easy to obtain. Do you have anything for collateral? |
|
|
|
|
195
|
Economy / Services / Re: Compare music recommendation algorithms [3BTC]
|
on: March 03, 2013, 10:54:41 AM
|
ive actually put a lot of thought into this and i think i figured it out, unfortunately i have no effing clue how to notate an algorithm so in my head it shall remain forever trapped.
It's about comparing music recommendation algorithms (aka testing them), not inventing a new one. Well, hopefully not for 3 btc. |
|
|
|
|
198
|
Other / Beginners & Help / Re: New
|
on: March 03, 2013, 10:50:58 AM
|
CPU, GPU and FPGA mining already in the past, time for ASIC now
Right. FPGA mining can still survive for a while, but the network difficulty is going right up. |
|
|
|
|
Show Posts
