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61  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: August 21, 2013, 11:32:13 PM
WARNING FOR BITPAY USERS

   I am not sure if this is an isolated issue, however... I opted to pay with a non-integrated client, meaning I just copied the address from the invoice and withdrew to it from an exchange account. The invoice expired anyways... Encase this is not just me, I would pay through an integrated client if possible.

If that made no sense, or others have paid from an exchange account successfully, disregard.


EDIT: If you try to pay like I did, copy the text from the invoice including the Bitcoin address its having you send money to. You can give this to support if the invoice expires, and they can verify through the blockchain if it was truly paid. Really glad I did that, they are trying to figure it out for me now. they resolved the issue and the invoice is paid  Smiley



I have had people pay late on a BitPay invoice - they just hold the funds in a separate account until I tell them to apply it - its not a problem.

Well then..I guess I was alittle over-zealous in my warning. Thanks for clearing that up Dave  Smiley
62  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: August 21, 2013, 09:06:57 PM
WARNING FOR BITPAY USERS

   I am not sure if this is an isolated issue, however... I opted to pay with a non-integrated client, meaning I just copied the address from the invoice and withdrew to it from an exchange account. The invoice expired anyways... Encase this is not just me, I would pay through an integrated client if possible.

If that made no sense, or others have paid from an exchange account successfully, disregard.


EDIT: If you try to pay like I did, copy the text from the invoice including the Bitcoin address its having you send money to. You can give this to support if the invoice expires, and they can verify through the blockchain if it was truly paid. Really glad I did that, they are trying to figure it out for me now. they resolved the issue and the invoice is paid  Smiley


Dave said he's encountered this and it's no big deal  Smiley
63  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: July 29, 2013, 10:50:29 PM
Thanks for posting the prototype pics. Made my day a bit better  Smiley
64  Economy / Exchanges / Re: BTC-E.com exchange Bitcoin, Litecoin, Namecoin <-> USD\BTC (fee 0.2%) on: July 25, 2013, 01:09:58 AM
BTC-e down? Getting error 520, host server error. Cloudfare says its the server itself, not DDOS...
65  Alternate cryptocurrencies / Altcoin Discussion / Re: Support Litecoin? STAY AWAY FROM BTC-E - They are Killing Litecoin's Economy on: July 23, 2013, 11:44:33 PM
They have overhead...hosting fees, employees/developers, risk of asset loss...They need to make money somehow. If you are worried about a dollar for withdrawal, your not contributing much to the economy anyways, and shouldn't be speculating either (in my opinion...). Also, Gox charges like 0.6% a trade, BTC-e only 0.2%. Trade where you want, but no place touches BTC-e LTC volume.
66  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 19, 2013, 02:23:25 PM
Correct sir  Wink
67  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 19, 2013, 01:39:58 PM
Wow..everyone told me not to bother mining with an Intel Celeron processor yesterday. At 900 PPS, I found a block since yesterday. Hah...What luck... Cool
68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 18, 2013, 07:00:41 PM
1827...any good? Using the "High Performance" client posted on here...Celeron. Have tons of them in my scrypt miners (cheap) . I assume because they are cheap, that 1827 is not good..

EDIT:any way to point all my cpu's to one wallet, make a little mini-pool to combine their rate?
And I always seem to be late. I went to put $6000 into Satoshi dice to get dividends yesterday, fell asleep...woke up today to find i screwed up pretty bad.lol
69  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: July 18, 2013, 06:54:22 PM
I did setgenerate true in debug console, didn't reject command..but how do you confirm the client is mining?
70  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open on: July 11, 2013, 08:07:03 PM
Dave,

Need BTC invoice for Order #209. My email is in your PM inbox if that is easier  Smiley .
71  Bitcoin / Mining speculation / Re: Today, soon we will witness an extremely high jump in difficulty on: July 11, 2013, 02:27:01 AM
Jump from 21.3 to 26.1 Million, 22.5%
Signs of things to come. The ASIC floodgates have been released.
This is a result of continuous ~1.02X daily mining growth.
I estimate that in 4 months (October 2013) Difficulty with be 10X of today's difficulty somewhere between 250 - 300 Million.

So please be very aware before spending those coins Wink

I thought 150,000,000 around November...you really think 250-300million by October?
72  Bitcoin / Mining speculation / Mining Revenue/Difficulty Estimate on: July 10, 2013, 04:38:10 PM
BitFury is promising delivery by August 31st, BFL will probably deliver my March 2013 preorder by October...

If I do an estimation of mining revenue using 150million difficulty (Difficulty isn't even 30mil) , would those projections give me a decent indication of 4 month profitability? I assumed using 150million difficulty would be a worst case scenario thing, like if difficulty was 80mil when I got it and shot up to something crazy like 200mil+ from everyone shipping miners and chips.

What are your opinions, do you think this is a fair estimate of 3-4 month revenue if the value of BTC/USD stays the same?
73  Bitcoin / Press / Re: 2013-07-08 WSJ (MoneyBeat Blog) - Are Litecoins the next big thing? on: July 08, 2013, 06:40:58 PM
LTC to MtGox=Increased Liquidity=Increased Investor Confidence=Increased Media Attention/Awareness=Increased Market Cap....  Not an opportunity to be missed, In my opinion. Everyone is entitled to their own, though.
74  Economy / Digital goods / Re: [WTS] BFL 384 CHIP CREDITS on: July 05, 2013, 02:18:47 PM
Wow...7 BTC for like 9 grand worth of value (384 credits x $25 off a piece = $9600 off)? I probably would of taken $2500 ...However, now I'll simply buy the chips and have them assembled into units. Unless there's a decent offer.
75  Economy / Digital goods / [WTS] BFL 384 CHIP CREDITS on: June 28, 2013, 04:05:30 PM
PM or post here with offers  Smiley
76  Economy / Services / Re: EvilLizard/NationalSign|Design|Shirts| Clothing|Banners|Signs|Decals|BTC&LTC on: June 26, 2013, 08:35:07 PM
Still open  Wink . Did shirts for The Clarks concert at Zelienople Beer Festival.
77  Economy / Computer hardware / Re: [WTS]BFL MiniRig 500GH/s(BTC/USD-Payment on Delivery) on: June 26, 2013, 08:33:20 PM
Bump.
78  Economy / Computer hardware / Re: [WTS] FPGA-Cluster 26Gh/s on: June 26, 2013, 07:52:22 PM
Menig, you can order a $22,000 ASIC that does 1500GH. You want $12,000 for like 40GH 26GH? And those take up alot of space...You obviously already made a decent profit, you can't expect to sell them for that much...and difficulty is rising extremely fast with asics coming on. Breakeven for $5000 investment at 26GH/s would take 147 days at 35,000,000 difficulty. Its at 19million now. Within 4 months will be like 70-100million higher. So averaging out the profit at 35million difficulty is actually being nice to you, lol.


EDIT: Running the numbers, an exponential difficulty rise like that projected from Asics shipping in mass, would make the ROI longer than 147 days..Keep in mind, people are getting their Jalapenos that do 5-7GH/s and they paid 150-250 ($250 with updated pricing from BFL) ...That would put 26GH's at like $750-> $1250. Granted, people that order now won't get them for months. But thats why I'm offering a extra for your lot. Running the numbers, I'd probably actually only give you 25 BTC for everything. 28 if you shipped like next day air, and did escrow. I understand if you don't like my offer, but I believe my reasoning is sound.

EDIT2: 26GH/s, difficulty at 100million, would take 1 year 187 days to make $5000... Minirigs (1.5 TH/s) are starting to ship now.. Sell while you can. Difficulty at 30million (would be by the time I got your devices)     
-------------------------
Difficulty 30,000,000.00
Mining Factor 100    0.17 USD/24h@100MHash/s as in these charts
Average generation time for a block (solo)    57 days, 8 hours (can vary greatly depending on your luck)
Hardware break even    72 days
Net profit first time frame    783.24 USD

Timeframe was 3 months, with hardware investment at $3000 for 26GH/s
-------------------------
You might be like damn, greedy bastard expects 800 bucks in 3 months on a $3000 investment. However, after all those ASICs ship, profitability goes to shit. It has to make money in 3-4 months, cause after that, you won't be getting shit.
79  Bitcoin / Mining speculation / Re: The Impending Stalemate on Mining Hardware and ROI on: June 26, 2013, 04:09:53 PM
People will mine with their machines as long as they are profitable, even if its much less profitable than they hoped for. When it becomes unprofitable, and costs money instead of makes money, people take their rigs offline. Once enough are taken offline, people make money again. Some people even mine at a loss, speculating price increase in the future. People will continue to mine...and the market will continue to change and react  Smiley
80  Economy / Computer hardware / Re: [WTS]BFL MiniRig 500GH/s(BTC/USD-Payment on Delivery) on: June 24, 2013, 05:50:11 PM
Its just to line up a buyer for when it ships. Called BFL today to make sure everything is in order, and confirmed that my order was correctly listed as going to the data center.

$2000

Obviously the lowest value that is acceptable, is what a 500GH/s unit is going for on the BFL website. Considering people are paying that much for those, that won't be shipped for months after mine is received. Wink Any further clarification needed, I'll be happy to oblige.

EDIT: So to answer your question directly, it is an auction with a reserve.
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