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Paladin69
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November 30, 2013, 08:43:26 AM |
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What I wonder is how can Phoenix keep his sanity when he spent what, about 40btcs, plus forwent probably another 20btcs that he could mine by selling his units and spending it already on neptunes. (Total 60*potential $40K = $2.4mil). And has pretty much nothing at the moment, with his november order being apparently delayed and uncertain future about neptunes and difficulty.
Kind of makes me glad that I don't have any more preorders and don't have to go through this.
Mining with 650 now will definitely have a head start. 3th could very likely mine much less when they launch. |
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Phoenix1969
Legendary
 Offline
Activity: 938
Merit: 1000
LIR DEV
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November 30, 2013, 09:08:58 AM |
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What I wonder is how can Phoenix keep his sanity when he spent what, about 40btcs, plus forwent probably another 20btcs that he could mine by selling his units and spending it already on neptunes. (Total 60*potential $40K = $2.4mil). And has pretty much nothing at the moment, with his november order being apparently delayed and uncertain future about neptunes and difficulty.
Kind of makes me glad that I don't have any more preorders and don't have to go through this.
Yeah, I'd like to be mining...and will be...very much so.... come whenever the neptunes arrive, if everything goes as planned, I'l be rockin' somewhere between 18-24 terrahash neptune time. I just withdrew 3900+ dollars, so only less than 8k of original investment $ in.... still... how much you think coin will be worth in march/april? how many coin a day can I possibly get? We shall see! |
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elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 30, 2013, 09:09:42 AM |
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Buying KnC miners, PM me with details of your miners  thanks |
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monsieur
Member
Offline
Activity: 70
Merit: 10
knc-shill-wannabe
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November 30, 2013, 09:23:26 AM |
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What I wonder is how can Phoenix keep his sanity when he spent what, about 40btcs, plus forwent probably another 20btcs that he could mine by selling his units and spending it already on neptunes. (Total 60*potential $40K = $2.4mil). And has pretty much nothing at the moment, with his november order being apparently delayed and uncertain future about neptunes and difficulty.
Kind of makes me glad that I don't have any more preorders and don't have to go through this.
Yeah, I'd like to be mining...and will be...very much so.... come whenever the neptunes arrive, if everything goes as planned, I'l be rockin' somewhere between 18-24 terrahash neptune time. I just withdrew 3900+ dollars, so only less than 8k of original investment $ in.... still... how much you think coin will be worth in march/april? how many coin a day can I possibly get? We shall see! You are putting way too much trust into knc by reinvesting all of your btcs, in my opinion. But what do I know. Maybe that's what will make you a billionaire instead of $2.4 millionaire. |
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merv77
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November 30, 2013, 09:32:06 AM |
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Don't tell them. I regret telling a co-worker with a giant fucking ego.
why? just rub his face into it and tell him he better go buy some HashCraps and ConTerras or introduce him to Puppet and he will motherly tell him that thou shalt never ROI with miners Was mostly referring to him just buying 5 btc @ $200. Lucky sack of crap doesn't deserve to make a dime. I'd like to scare him out somehow. lol There is something annoying about non-libertarians with giant ego's making money on something they don't understand. Whereas I've mostly sunk my life into trying to learn about proper economics contrary to our currently accepted system. I've had the exact same experience with couple my friends and was telling them to buy bitcoins day after SilkRoad was busted (3rd Oct) and bitcoin was about $88, my friends so called financial adviser told my friends don't invest in bitcoins because it's a pyramid scheme and you'll loose your money. I had an argument with this financial adviser and told him how can you say this if you don't know anything about it. Since then my friends keep asking me whats the price of bitcoins now and should I by a miner. Well to cut a long story short, they now think their adviser is an idiot and they still wondering if they should invest. I now have learn to keep my mouth shut. fuck them. |
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Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
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November 30, 2013, 09:41:04 AM |
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What I wonder is how can Phoenix keep his sanity when he spent what, about 40btcs, plus forwent probably another 20btcs that he could mine by selling his units and spending it already on neptunes. (Total 60*potential $40K = $2.4mil). And has pretty much nothing at the moment, with his november order being apparently delayed and uncertain future about neptunes and difficulty.
Kind of makes me glad that I don't have any more preorders and don't have to go through this.
Yeah, I'd like to be mining...and will be...very much so.... come whenever the neptunes arrive, if everything goes as planned, I'l be rockin' somewhere between 18-24 terrahash neptune time. I just withdrew 3900+ dollars, so only less than 8k of original investment $ in.... still... how much you think coin will be worth in march/april? how many coin a day can I possibly get? We shall see! You are putting way too much trust into knc by reinvesting all of your btcs, in my opinion. But what do I know. Maybe that's what will make you a billionaire instead of $2.4 millionaire. Higher the risk.... higher the reward But to me..... Gambling on KNC isn't such a "High risk"....especially when compared to the so-called "competition". I'm just following my "Gut Instinct" at this point...I'm having a blast anyway... |
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waterboi92
Member
Offline
Activity: 82
Merit: 10
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November 30, 2013, 09:42:08 AM |
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anyone else having problems with eligius? im refreshing my stat page but my hash rate on the page remains the same, but on my computer it shows me hashing!
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if i've helped you, donations welcome: 1BwGnrqSjbfJ39mTNrvb257eUSuUP7Pfxh
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monsieur
Member
Offline
Activity: 70
Merit: 10
knc-shill-wannabe
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November 30, 2013, 10:16:00 AM |
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Higher the risk.... higher the reward But to me..... Gambling on KNC isn't such a "High risk"....especially when compared to the so-called "competition". I'm just following my "Gut Instinct" at this point...I'm having a blast anyway... Well, you must have balls of steel. If I had Nov order and if November was coming to an end without shipment or word from KNC, I would be a pussy and not having a blast for sure. |
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PenAndPaper
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November 30, 2013, 10:25:42 AM |
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Out of curiosity. Is there someone among the dudes that preordered neptunes, that has done an actual estimation for difficulty and ROI?
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Biffa
Legendary
Offline
Activity: 1498
Merit: 1002
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November 30, 2013, 10:33:51 AM |
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Out of curiosity. Is there someone among the dudes that preordered neptunes, that has done an actual estimation for difficulty and ROI?
History has proven its a fruitless excercise. |
Mine at pools that pay transaction fees & don't mine empty blocks :: kanopool :: ckpool ::
If anyone wants a £100 bitmain coupon free please pm me. |
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bobsmoke
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November 30, 2013, 10:42:47 AM |
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Out of curiosity. Is there someone among the dudes that preordered neptunes, that has done an actual estimation for difficulty and ROI?
History has proven its a fruitless excercise. very very rough estimation without evidence to proof it...just gut feeling: 4.2K Thera - Neptune 1st Batch (1200 Neptunes) 1k Thera - Bitmine (estimation I dont know how many machines they sold out) 2k Theras - Hashfast (500 Theras just for IceDrill group...no idea how many machines each batch) 2k Theras - Cointerra (no idea how many machines each batch) --------------------- 9.2 P Hashes at least in the next 6 months |
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timmmers
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November 30, 2013, 11:19:45 AM |
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People with their finances in order don't leave large amounts sitting doing fuck all when it should be earning interest or working for them no matter what that ignoramus just said.
most previous customers have mined more than 10BTC.. many well over that. Many have kept their BTC in a wallet as BTC itself was 'working for them' or at least still $$ in an exchange so they can easily buy back BTC when need be. On your other point, you really wanted them to basically call up everyone one by one on the modules?? how long would that take? Everyone was already a bit mad that they waited to make a few more and ship all at once instead of just ship what they had right away. 3 days on the Neptunes showed that KNC priced it a bit better than the modules so they didn't short change themselves. If they were $8000 they would of sold out in 10 mins Previous customers with a day 1 Jupiter may have mined 10 BTC but maybe they remember when they paid..when a Jup cost them about 70 BTC which is far from a victory whichever way you look at it...and they had the sense to want to not use BTC this time ? I didn't want a phone call...a fucking email would have been nice though. 1st I heard was on this forum, hours after the things were sold. I bought a KNC machine mainly based on it's ability to be upgraded, which simply wasn't true for the vast majority of customers because the upgrades either can't be bought, or won't be compatible...even the Nov stuff isn't. As for the Neps, wasn't this a loyalty thank you thing ? The special price (or ability to buy one at all)? IF so, why allow greedy bastards to abuse that and buy 10? Instead of limiting to 2 or 3 each and restocking the cart when they had gone ..day 1 and day 2 orders...where did I remember that from? That way more of their loyal customers could have got a share of that loyalty payback. People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko. |
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The Avenger
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November 30, 2013, 11:34:26 AM |
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People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko.
 People don't like to be told this. When I mentioned the other day that pre-ordering bitcoin hardware for delivery 7 months from now was stupidity, people got pissed. Some people clawed back 20+BTC and are going to double down and spend most of that on another machine for delivery quite possibly 7 months from now? It does take a "special kind of thicko" to think this is a brilliant investment. Glad I'm out of the buying hardware game, I spend enough hours working to get my knc pos to hash stably. |
"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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itod
Legendary
Offline
Activity: 1204
Merit: 1009
^ will code for bitcoins
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November 30, 2013, 11:35:14 AM |
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People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko.
It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit! |
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The Avenger
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November 30, 2013, 11:37:11 AM |
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People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko.
It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit! lol |
"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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helmax
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November 30, 2013, 11:47:42 AM |
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kncminer is bad in that point
ask always bitoins dont let us use money like euro or dollar
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looking job
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DPoS
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November 30, 2013, 11:48:26 AM |
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People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko.
It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit! I got my jupiters oct 9th... I did get two expansion modules.. I am ~70 BTC mined. I passed on Neptunes since it wasn't a slam dunk and might be a hassle running them...but it was a good deal for us. And as many know I bought mine with 0% credit so BTC in <> BTC out doesn't apply to me anyway..it would only be figurative, not literal in any sense. |
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lkthomas
Jr. Member
Offline
Activity: 32
Merit: 0
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November 30, 2013, 12:04:31 PM |
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People so easily forget that a Jupiter may be mining BTC a grand more valuable than when paid for, but the price in BTC is still not likely to be recovered. 70BTC = 70000 dollars plus now. Why the hell would someone use BTC to buy a rig after that lesson? You'd have to be some special kind of thicko.
It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit! I got my jupiters oct 9th... I did get two expansion modules.. I am ~70 BTC mined. I passed on Neptunes since it wasn't a slam dunk and might be a hassle running them...but it was a good deal for us. And as many know I bought mine with 0% credit so BTC in <> BTC out doesn't apply to me anyway..it would only be figurative, not literal in any sense. I think many of you didn't account for Bitcoin price rise recently. Put the mined coins into storage for a while, then sell it, they might start to see where is the profit come from. |
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Puppet
Legendary
Offline
Activity: 966
Merit: 1000
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November 30, 2013, 12:31:23 PM |
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It's mind boggling, but commonly seen here. Bought Jupiter for 60 BTC. Mined 10. Sold for 15. Sum = -35 BTC. Profit!
Exactly. But they will claim its a dollar investment that returns dollar, without acknowledging their ROI is almost 100% dependent on bitcoin exchange rate, just like a direct investment in bitcoin which has been infinitely more profitable. Maybe if BTC exchange rate crashes they will get it? |
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