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Author Topic: Bicoin biggest scam in the early history !!!  (Read 7774 times)
whtchocla7e
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January 13, 2014, 09:02:14 PM
 #41

In your words i can feel the hard feeling or Hard showing envy of early adopters and their achievements and advantages.
You are still not so far if you want then you also could start mining, Today also you can get in mining from 1K to 100K investment just different is that what you want to invest. Dont blame for your mistake.
Untill Bitcoin was few Cents and few Dollar no one fucking care and today you cant blame on it.


What achievements? What advantages?
His mistake? What mistake?
What blame?

Calm down. In your works I can feel young and tender age. Maybe a lack parental love, too.



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g3raint
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January 13, 2014, 09:04:46 PM
 #42

http://mining.thegenesisblocks.com is a great calculator but the bitcoin mining HASHRATE will NOT increase at the set rate indefinitely.

Set the Increase Difficulty per month to 1000 MM and this will paint a more realistic picture, Albeit  a continuous growth rather than the variable growth that will be apparent.

But I'm sure it will settle at the 450-700 MM per month rate

We have 18Th/s  from multiple manufacturers on order - and we are still waiting in anticipation!!!!!

G

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BTC: 1NTs92VRppSsSeYLAXJtP1SxAzBwYk8JeH
------------------------------------------------------
Jcw188
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January 13, 2014, 09:05:07 PM
 #43

Seems like it would be tough for minimg companies to have enough cash to manipulate the price that much, especially with all the big wigs getting invested in BTC lately.



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igorr (OP)
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January 14, 2014, 02:56:33 PM
Last edit: January 14, 2014, 04:00:02 PM by igorr
 #44

I think bitcoin will be cheaper than litecoin,

the reasons are;

1. Bitcoin miner with invested 6000 USD (one card 600 GH/s)  has profit about 5000 USD per month.
2. Litecoin miner with invested 6000 USD ( 4 grafic card about 6400 Kh/s)  has profit about 700 usd per month.


Why are litcoin miners subordinates and less valuable of Bitcoin miners under the same conditions ?


Manufacturers ASIC hardware artificial raise the price, and when they go, the game is finished,
and that we will see very soon.

Check this, if 2000 GHash cost only 1 USD, then we have bitcoin max lifetime Aug-2014,

http://mining.thegenesisblock.com/a/d1e4ab822e

View Screen Capture

Check Bitcoin price and trading volume after Dec-2013

View Screen Capture

Check mining factor,
it is lowest for all time, will soon cross the red line,and then they will start massive sell-off ASIC mining hardware

View Screen Capture

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
assetcreator
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January 14, 2014, 03:18:51 PM
 #45

FIAT is scam not BTC
Barek
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January 14, 2014, 04:02:17 PM
 #46

It is doubtful that difficulty will double monthly for long.

$0.15/kWh seems expensive.
Jcw188
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January 14, 2014, 04:36:42 PM
 #47

Wow, you bought Bicoin? (see thread title).  Yes, you did get scammed.  Bitcoin is golden though.



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beegatewood
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January 14, 2014, 04:42:38 PM
 #48

Bicoin is biggest scam in the early history,
Mining company buy bitcoion and constantly raises his prices, and again sell bitcoin, and so the circle,
its most centralized currency the world has ever seen

Check difficulity, each 10 days its up about 25-35 % , and after the bitcoin price jump about 25 - 35%.  Huh

http://bitcoinwisdom.com/bitcoin/difficulty

Cleaning mining hardware has begun, after that game iz over, will no longer be nobody that raises the price and Bitcoin is dead.

https://bitcointalk.org/index.php?topic=397876.0

Nah, mining company only control the difficulty...

overunity
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January 14, 2014, 04:59:14 PM
 #49

Bicoin is biggest scam in the early history,
Mining company buy bitcoion and constantly raises his prices, and again sell bitcoin, and so the circle,
its most centralized currency the world has ever seen

Check difficulity, each 10 days its up about 25-35 % , and after the bitcoin price jump about 25 - 35%.  Huh

http://bitcoinwisdom.com/bitcoin/difficulty

Cleaning mining hardware has begun, after that game iz over, will no longer be nobody that raises the price and Bitcoin is dead.

https://bitcointalk.org/index.php?topic=397876.0

Nah, mining company only control the difficulty...

The only price they can set is the price of the mining equipment they manufacture ,that is also determined by what people will pay .

The difficulty controls miners not the other way round ,it is a mechanism to control the release of new bitcoins at a rate of average 10 minute intervals .

What is beautiful to see is that no-one or group have any control ,for the first time ,control has been automated and bitcoin is the first technology to be based on the new decentralised technology .

If a developer decides to build an auction platform from the decentralised network e-bay will cease to exist along with payPAL and its fees
QuantumQrack
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February 06, 2014, 11:26:45 AM
 #50

Bitcoin works according to plan.  Nothing to see here, move along.
igorr (OP)
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February 06, 2014, 11:42:38 AM
Last edit: February 06, 2014, 12:09:32 PM by igorr
 #51

Bitcoin works according to plan.  Nothing to see here, move along.

Just look,

Bitcoin no longer any investors. Producers mining hardware have given up of investments in BTC,
so that Bitcoin machine is hungry and rapidly losing weight.
Mtgox has lost all credibility, and ordinary people can not raise BTC prices, just as they can not raise the price of LTC.

I'm sorry but the game is finished.

Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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February 06, 2014, 12:58:24 PM
 #52

as i said in the other thread this why peer coin and nxt can sky rocket, mining tax/issue just not there.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
igorr (OP)
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February 06, 2014, 02:31:30 PM
 #53

BTC quickly losing popularity.

View Screen Capture

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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
overunity
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February 06, 2014, 09:54:34 PM
 #54

BTC quickly losing popularity.

View Screen Capture

View Screen Capture

What I believe these graphs are showing is the sentiment on a very short timeframe ,but longer term I believe some of the reasons are :

One main reason buyer interest was lower during December and January was the chinese announcements forbidding 3rd party payment processors from working with bitcoin exchanges ,the deadline 31st january ,so large investors are reluctanct to enter the market till after this deadline .

Second ,news that the FED are holding a very large quantity of bitcoins from the silk road closure ,until large investor know with some certainty how these will be liquidated they will stay on the sidelines .

I believe these below reasons are possibly reflected in your timeframe .
We have recently heard of MR Shrem being arrested for alleged money laundering adding further uncertainty.
We have also seen speculation recently that MTgot has issues leading to yet further uncertainty .

Until we see more certainty with the above issues new large finacial investors on the scale of Fidelity are going to be wary of investing ,these types of institutions are what will drive price higher .

My personal opinion is to buy a bit more bitcoin on bad news and reap the rewards later ,the only news you should sell on, is that there is a flaw in the bitcoin protocol ,all other bad news is an opportunity to lower your dollar cost average to maximise gains .

It would be interesting to know which exchanges or what individual exchange you gathered this data from ,we know to disregard gox since you can only buy coins there ,so bitstanp,BTC-e or perhaps some others may be a better reflection .
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February 07, 2014, 01:19:05 AM
 #55

BTC quickly losing popularity.

View Screen Capture

View Screen Capture

What I believe these graphs are showing is the sentiment on a very short timeframe ,but longer term I believe some of the reasons are :

One main reason buyer interest was lower during December and January was the chinese announcements forbidding 3rd party payment processors from working with bitcoin exchanges ,the deadline 31st january ,so large investors are reluctanct to enter the market till after this deadline .

Second ,news that the FED are holding a very large quantity of bitcoins from the silk road closure ,until large investor know with some certainty how these will be liquidated they will stay on the sidelines .

I believe these below reasons are possibly reflected in your timeframe .
We have recently heard of MR Shrem being arrested for alleged money laundering adding further uncertainty.
We have also seen speculation recently that MTgot has issues leading to yet further uncertainty .

Until we see more certainty with the above issues new large finacial investors on the scale of Fidelity are going to be wary of investing ,these types of institutions are what will drive price higher .

My personal opinion is to buy a bit more bitcoin on bad news and reap the rewards later ,the only news you should sell on, is that there is a flaw in the bitcoin protocol ,all other bad news is an opportunity to lower your dollar cost average to maximise gains .

It would be interesting to know which exchanges or what individual exchange you gathered this data from ,we know to disregard gox since you can only buy coins there ,so bitstanp,BTC-e or perhaps some others may be a better reflection .

+1
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February 08, 2014, 08:20:49 AM
 #56

Welcome to new difficulty 1.78 bilion, the next change is for about 10 days + 25-35 %  Huh

View Screen Capture



The constant from all this is a Block reward every 10 minutes of currently 25 BTC.
This is the first, honest, self regulating invention ever .

Wow! x2
The increase in hashrate is stunning, and to have a "honest, self regulating invention" is pretty good too.  Smiley

overunity
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February 08, 2014, 11:12:58 AM
 #57

Welcome to new difficulty 1.78 bilion, the next change is for about 10 days + 25-35 %  Huh

View Screen Capture



The constant from all this is a Block reward every 10 minutes of currently 25 BTC.
This is the first, honest, self regulating invention ever .

Wow! x2
The increase in hashrate is stunning, and to have a "honest, self regulating invention" is pretty good too.  Smiley

Who would have dreamed printing money would be so popular Huh  hehe.
igorr (OP)
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February 17, 2014, 07:27:03 PM
 #58

Welcome to new dificulty 3.12 bilion and new mining factor 9 cents/Gh at 24h   Huh

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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
overunity
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February 17, 2014, 09:29:32 PM
 #59

mining is out of the reach of the average joe .
Unless it is a hobby .

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February 18, 2014, 11:23:27 AM
 #60


Impossible to fight with the this.



hehehe

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