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daemonfox
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March 13, 2014, 11:50:48 PM |
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Well since they are illegal as you say their value cant be that high  LOL funniest shit I have seen in the thread to date... I suppose because cocaine and heroin are illegal they also have very low value? Horrible comparison but see how silly you sound? |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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bobfranklin
Member
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Activity: 116
Merit: 10
aka `DiggeR
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March 14, 2014, 12:10:35 AM |
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Well since they are illegal as you say their value cant be that high LOL funniest shit I have seen in the thread to date... I suppose because cocaine and heroin are illegal they also have very low value? Horrible comparison but see how silly you sound? That depends on where you are |
BTC: 1Q9zM8QKYGn6PkvogV5YC4PU5TBN8rQNHt
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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March 14, 2014, 12:11:57 AM |
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I would really appreciate being whitelisted. It's in place to prevent bots, spammers, and scammers. I'm none of the above and have a previous account that I no longer wish to be associated with. Going through this process a second time is not enjoyable.
Anybody aware of which account L_R was in reference to? |
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elitenoob
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March 14, 2014, 12:42:31 AM |
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Well since they are illegal as you say their value cant be that high LOL funniest shit I have seen in the thread to date... I suppose because cocaine and heroin are illegal they also have very low value? Horrible comparison but see how silly you sound? Dont blame me, i didn't say anything is illegal here...bittymitty did  And actually the illegal things got mostly a higher value... |
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||bit
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March 14, 2014, 03:56:40 AM |
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Bittymitty,
For what it's worth. I already noted that point in mind several days ago, but I didn't bring it up yet because I found the same comment posted by Endlessa. When you combine that with all that LR has said publicly, he is obligated to grow the hashrate/bond in proportion with the hardware. The comment Endlessa linked may seem to have a little bit of ambiguity and thus leave a little legal wiggle room, but that doesn't appear to be the case since LR (LRM's official spokesperson) has repeatedly communicated that the bonds hashrates will continually grow with hardware. So, that clears out any ambiguity in the linked comment. Basically, LR must grow bond hashrates proportionately with hardware increases. And I don't think he intends to change that. However, he might try to change the ratio for re-investment. But that will likely increase the threat of legal action of some form. Personally, I think he can leave re-investment at 25%, BUT he needs to eliminate his fee's from the 25% and instead create maybe 4000-5000 new bonds that can compensate him. He would then be rewarded for performance, and not by a mystery fee. Also, he can offer new bonds that people may be more willing to purchase. As it stands, the reputation is tarnished enough that he won't be able to sell new bonds again until protecting investors is priority #1...and terms translate into a solid long term investment. As LR has stated many times, it's a marathon. One can reasonably interpret a marathon investment to mean one that isn't a short or medium term decaying investment.
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mufa23
Legendary
Offline
Activity: 1022
Merit: 1001
I'd fight Gandhi.
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March 14, 2014, 07:09:09 AM |
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I would really appreciate being whitelisted. It's in place to prevent bots, spammers, and scammers. I'm none of the above and have a previous account that I no longer wish to be associated with. Going through this process a second time is not enjoyable.
Anybody aware of which account L_R was in reference to? Ah, I never saw that he posted in the whitelist thread. I never could figure it out, but I was aware that something was up back in Aug 2013. I made some wild theories and got some hate for it... Quoting:At this point, I don't want to invest more that what I am willing to lose in case Lab_Rat is less then trustworthy. I found it odd that the guy seemingly showed up out of nowhere on BFL's forum, than came over here. I am assuming he's some well known user here, made an account on BFL's forum under a new name, and now running his new identity over here. Not trying to spread rumors or anything. This is entirely speculation. But that's my reason for not investing more.
You are wildly off the mark on this speculation Mufa. Lab_Rat is a hard working, above board and dedicated guy who has been engaged in the community for some time (just not so much on BTCTalk). In my experience he is consistently a positive contributor as mod on the BFL forum (which he quit when forming LRM) and in helping others with their mining questions as larger scale LTC miner and FPGA owner. What you wrote! My $.02. |
Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
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VinceSamios
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March 14, 2014, 07:49:20 AM |
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LRM hashrate is increasing as we speak... Approx 7TH up so far...
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||bit
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March 14, 2014, 08:06:33 AM
Last edit: March 14, 2014, 08:19:17 AM by ||bit |
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LRM hashrate is increasing as we speak... Approx 7TH up so far...
Where do u see that? |
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VinceSamios
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March 14, 2014, 08:15:22 AM |
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LRM hashrate is increasing as we speak... Approx 7TH up so far...
where do u see that? Instead of bitching and complaining like everyone else, I found a way... |
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||bit
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March 14, 2014, 08:18:04 AM |
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LRM hashrate is increasing as we speak... Approx 7TH up so far...
where do u see that? Instead of bitching and complaining like everyone else, I found a way... Found a way for what? |
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VinceSamios
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March 14, 2014, 08:20:24 AM |
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LRM hashrate is increasing as we speak... Approx 7TH up so far...
where do u see that? Instead of bitching and complaining like everyone else, I found a way... Found a way for what? To know when LRM was adding hashrate. |
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pontikis13
Newbie
Offline
Activity: 53
Merit: 0
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March 15, 2014, 02:27:57 AM |
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Do tell Vince
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Endlessa
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March 15, 2014, 05:11:29 AM |
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Vince has a strain of tomato plants that his girl friend is in psychic contact with. . . .they tell many things
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VinceSamios
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March 15, 2014, 09:36:11 AM |
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Vince has a strain of tomato plants that his girl friend is in psychic contact with. . . .they tell many things
People who aren't prats, make friends, and get info. |
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MWNinja
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March 15, 2014, 02:56:08 PM |
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I'm wondering what kind of assets Lab Rat has so he can remediate the buyers caught in his unlicensed securities scam. When there's criminal behavior involved, it won't be difficult at all to pierce the veil of the LLC. At this point he can either buy back all my bonds at the price I paid (pre-IPO) or we can move forward with a lawsuit.
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NotLambchop
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March 15, 2014, 04:09:33 PM |
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...
People who aren't prats, make friends, and get info.
They do. The info they get is seldom accurate -- in your case, never. Is there a scam or a failure you're not invested up to your eyeballs in? |
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spuushie
Member
Offline
Activity: 67
Merit: 10
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March 15, 2014, 05:33:42 PM |
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...
People who aren't prats, make friends, and get info.
They do. The info they get is seldom accurate -- in your case, never. Is there a scam or a failure you're not invested up to your eyeballs in? +1 |
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BKM
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March 15, 2014, 08:02:35 PM |
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So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?
There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?
Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.
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kaneda2004
Member
Offline
Activity: 66
Merit: 10
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March 15, 2014, 08:29:38 PM |
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So how do dividends work now? Based on 100 mh/s per bond and 3 times original bond quantity?
There were some posts about increased hashrate earlier in the week. Is it confirmed we have more gear on line? How is this going to be handled vis a vis bond quantities / hashrate per bond and "dividends"?
Given that we are expecting our distribution today, it might be a good time to give an update.... maybe.
For me it looks like: 0.07351809 BTC on 254 "bonds" or 0.07351809 on 762 "new bonds" Last week I got 0.06527283 BTC on the same number of bonds.. Which is a 12.63% increase this week.. not the 20% quoted by LR, but likely there was a difficulty increase or bad pool luck.. |
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daemonfox
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March 15, 2014, 08:42:44 PM |
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Would be nice to see the breakdown like we used to... don't see and legal reasons that stopped... we should get this EVERY payment.
Maybe LR/grnbrg should make a nice post to historically breakdown the payout history like LR used to for all the past weeks we do not have one from them directly.
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