DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today

[floatyfish]

Well finally we didn't buy Darknode and I think that was the best decision.
The price fluctuate too much. Darkcoin is only good for pump&dump, not for investing.
We still have some money to invest on hardware.
Let's see if manufacturers adjust the price. As Bitcoin goes up, our purchasing power goes up (I think we still have BTC instead of FIAT but not sure).
I also agree that we must get out of Cryptostocks. I'm emailing Gray about all of this.

Superresistant, have you emailed Gray yet? If you haven't could you ask him if he would think about listing on Havelock?

[Chellger]

I'm now in the situation that I've dreaded. Do I sell all my stuff on Cryptostock? Or do I trust them once more, although I KNOW that the next one is possibly the big one. Damn.

[superresistant]

Well finally we didn't buy Darknode and I think that was the best decision.
The price fluctuate too much. Darkcoin is only good for pump&dump, not for investing.
We still have some money to invest on hardware.
Let's see if manufacturers adjust the price. As Bitcoin goes up, our purchasing power goes up (I think we still have BTC instead of FIAT but not sure).
I also agree that we must get out of Cryptostocks. I'm emailing Gray about all of this.

Superresistant, have you emailed Gray yet? If you haven't could you ask him if he would think about listing on Havelock?

Yes of course.

First he confirmed that he'll never invest in Darkcoin because he realised that this is just a pump & dump coin. I cannot agree more.

It's been some time he is thinking about getting out of cryptostocks. Getting listed on Havelock is very expensive, transactions are taxed and it is still a centralised exchange that can suffer from attack. For me it is a no.
I told him about decentralised exchange solutions like Nxt.
I know some people like Nxt or not but it has a working decentralised asset exchange that does exactly what Cryptostocks does except that it is completely decentralised : No attack, no stealing, no service interruption.

Right now, you can only do transactions in NXT coin but soon coloured coin will be added so any currency can be used (even USD, EUR, Doge,...).

I'm now in the situation that I've dreaded. Do I sell all my stuff on Cryptostock? Or do I trust them once more, although I KNOW that the next one is possibly the big one. Damn.

There could be an attack any time that could steal everything and make the exchange goes bankrupt. This is the problem of all centralised exchange.

[lynn_402]

It's been some time he is thinking about getting out of cryptostocks. Getting listed on Havelock is very expensive, transactions are taxed and it is still a centralised exchange that can suffer from attack. For me it is a no.
I told him about decentralised exchange solutions like Nxt.
I know some people like Nxt or not but it has a working decentralised asset exchange that does exactly what Cryptostocks does except that it is completely decentralised : No attack, no stealing, no service interruption.

Right now, you can only do transactions in NXT coin but soon coloured coin will be added so any currency can be used (even USD, EUR, Doge,...).

I'm now in the situation that I've dreaded. Do I sell all my stuff on Cryptostock? Or do I trust them once more, although I KNOW that the next one is possibly the big one. Damn.

There could be an attack any time that could steal everything and make the exchange goes bankrupt. This is the problem of all centralised exchange.

Peershares could also be considered: http://peershares.net/general-information/

It has not yet been released, but the ETA is relatively soon and the platform would fulfill all our needs.

I have doubts about NXT, because of how centralised it is; it does not seem much better than Cryptostocks. Coloured coins would be a necessity for me to consider this option.

[superresistant]

Peershares could also be considered: http://peershares.net/general-information/
It has not yet been released, but the ETA is relatively soon and the platform would fulfill all our needs.
I have doubts about NXT, because of how centralised it is; it does not seem much better than Cryptostocks. Coloured coins would be a necessity for me to consider this option.

I didn't know about Peershares. That's interesting but it is not ready.
There is also Counterparty Protocol and MasterCoin but it is not fully operational too.

Nxt is simply the most decentralized cryptocurrency.
It is Proof-of-Stake : no 51% attack possible. Nodes are dispatched around the world. There is no pool that centralize hash (forging).
It is the strongest Proof-of-Stake coin.
There are different forums.
There are different clients available.

Having assets or currencies on the Nxt blockchain is the safest existing place.

[gnomicide]

If we do move, it has to be somewhere with a high user base. If it's just current shareholders, there's not going to be enough buy demand. It would be nice to go somewhere with more, and a different pool of, investors.

CS doesn't even respond to emails... well maybe a week later sometimes. I could put a basic site together in a couple of weeks, but like I said, it wouldn't do much good unless lots of new investors are in the mix.

[superresistant]

If we do move, it has to be somewhere with a high user base. If it's just current shareholders, there's not going to be enough buy demand. It would be nice to go somewhere with more, and a different pool of, investors.
CS doesn't even respond to emails... well maybe a week later sometimes. I could put a basic site together in a couple of weeks, but like I said, it wouldn't do much good unless lots of new investors are in the mix.

Exactly.

If DigitalCoinFarm would be on Nxt asset Exchange, the buy demand would be much higher than cryptostocks.

http://coinmarketcap.com/ 3rd biggest market cap of all crypto.

https://nxtforum.org/ hyper active forum

[floatyfish]

Are there any new miners coming out soon that should be looked at?

[Jugglex]

Are there any new miners coming out soon that should be looked at?

Now is time to see if there are a good management to keep up the project

[vm_mpn]

Are there any new miners coming out soon that should be looked at?

Now is time to see if there are a good management to keep up the project

Haven't heard of anything more powerful than 3TH KnC Neptune for $6k... Looks like no hardware can get ROI at current prices.

[lynn_402]

Are there any new miners coming out soon that should be looked at?

Now is time to see if there are a good management to keep up the project

Haven't heard of anything more powerful than 3TH KnC Neptune for $6k... Looks like no hardware can get ROI at current prices.

At least the difficulty seems to have stopped increasing exponentially. It might take a while to reach ROI, but since they don't consume much electricity, and Bitcoin is relatively bullish, and the difficulty increases are less steep, it might not be a bad time to invest if new hardware. Also, there doesn't seem like there will be more efficient miners in the near future.

[vm_mpn]

I thought so too Lynn but facts seem to contradict our theory Unless you think this madness is going to stop at some point.

Bitcoin Difficulty:   11,756,551,917
Estimated Next Difficulty:   13,529,367,090 (+15.08%)

History:

Jun 05 2014   11,756,551,917   12.44%   84,156,677 GH/s
May 24 2014   10,455,720,138   18.10%   74,844,960 GH/s
May 12 2014   8,853,416,309   10.66%   63,375,223 GH/s
Apr 29 2014   8,000,872,136   14.64%   57,272,474 GH/s
Apr 17 2014   6,978,842,650   14.04%   49,956,502 GH/s
Apr 05 2014   6,119,726,089   22.23%   43,806,706 GH/s
Mar 24 2014   5,006,860,589   17.80%   35,840,504 GH/s
Mar 13 2014   4,250,217,920   11.39%   30,424,245 GH/s
Feb 28 2014   3,815,723,799   21.92%   27,314,015 GH/s
Feb 17 2014   3,129,573,175   19.39%   22,402,357 GH/s
Feb 05 2014   2,621,404,453   19.49%   18,764,744 GH/s
Jan 24 2014   2,193,847,870   22.59%   15,704,175 GH/s
Jan 13 2014   1,789,546,951   26.16%   12,810,076 GH/s

[traderman]

Should we take a vote on new hardware?

Are there any new miners coming out soon that should be looked at?

Now is time to see if there are a good management to keep up the project

Haven't heard of anything more powerful than 3TH KnC Neptune for $6k... Looks like no hardware can get ROI at current prices.

[floatyfish]

I sent him an email asking for any info on plans for the future, I'll post here if I get a response.

[gnomicide]

Panic selling going on? Or people want their BTC to sell for $? This is going to hurt if prices (and volume) don't bounce back...

[traderman]

I think people are loosing confidence in cryptostocks.

Panic selling going on? Or people want their BTC to sell for $? This is going to hurt if prices (and volume) don't bounce back...

[vm_mpn]

I think people are loosing confidence in cryptostocks.

Panic selling going on? Or people want their BTC to sell for $? This is going to hurt if prices (and volume) don't bounce back...

Probably mining stocks mostly... Increasing difficulty, decreasing dividends, etc. Especially after what has happened to BSVM.

[Jugglex]

Coinfarm, There is a reinvestment plan?

We are still waiting your comments.

[traderman]

From what I understand a portion of the funds that was raised, still has not been spent on hardware.

[superresistant]

Coinfarm, There is a reinvestment plan?
We are still waiting your comments.

The whole initial funds is not fully spent.
Gray is still looking for opportunities.

I put this here because it is relevant :

On 19/5/2014 at 11:53 AM, "Gray Ho" <grayen@digital-coin-farm.com> wrote:

We still have 158000rmb , around 25300 usd right now.

No miner can be profit right now,  but I guess soon,  but I dont think it will be scrypt asic miner.  

Lot china asic miner is releasing,  All btc miner price will be crash soon. Because they cant sell their product to market because price is too high.  Other reason is china government's attitude.

Gray