Marco Krohn (GM)
Newbie
 Offline
Activity: 49
Merit: 0
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October 06, 2014, 03:37:03 PM |
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If BTC will trade at or below USD 150 for more than 20 days than our contacts will be deleted? Or will we become some satoshi after a price recovery of BTC again? Sorry for these negative questions but at the moment the price of BTC goes in the wrong direction.  Kind regards,  Zorro It depends on many factors, not only the price. Also on the difficulty and the price of altcoins in comparison to BTC. E.g. if LTC is performing well vs BTC this will certainly help. More importantly we strongly believe in Bitcoin and many other Altcoins. For example, all three founders purchased Bitcoin (private positions) when we reached the $300 level. We consider Bitcoin to be undervalued given the huge advancements that were made in the last year. Cheers, Marco |
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ZorroPai
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October 06, 2014, 05:37:47 PM |
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Hello, Thank you for your insights. Zorro |
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IanFoxley
Legendary
Offline
Activity: 910
Merit: 1000
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October 06, 2014, 06:13:58 PM |
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Bitcoin has actually been going up today and not down!.
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Beulemann
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October 06, 2014, 06:56:31 PM |
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no payout for the 5th october?
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wec
Jr. Member
Offline
Activity: 58
Merit: 1
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October 06, 2014, 07:10:34 PM |
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i can't access to GM's website, what's going on ?
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Pilotseye
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October 06, 2014, 07:12:04 PM |
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no payout for the 5th october?
as always the payment will come, so don't worry  |
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Pilotseye
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October 06, 2014, 07:13:17 PM |
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i can't access to GM's website, what's going on ?
maybe just maintenance or webserver temporarily down, don't panic  |
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IanFoxley
Legendary
Offline
Activity: 910
Merit: 1000
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October 06, 2014, 07:25:46 PM |
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It is working ok for me.
And it is 19:27 UTC as I type this so there are still around 4 and a half hours left of the payment day before Payments are officially late!
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Deadstock
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October 06, 2014, 07:57:09 PM |
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Got my payout for today |
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ZorroPai
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October 06, 2014, 08:44:22 PM |
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Thank you Ian for your video. Zorro |
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Marco Krohn (GM)
Newbie
Offline
Activity: 49
Merit: 0
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October 06, 2014, 11:28:52 PM |
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Bitcoin has actually been going up today and not down!.
Correct We were starting to buy when the 300$ wall appear because any price below 300$ doesn't sound adequate. The current situation is in my opinion mainly caused by (i) one or two large Bitcoin mining companies that want get rid off other mining companies (ii) other miners becoming under pressure and immediately sell all mined coins in order to pay the electricity bill (iii) market psychology Fundamentals are looking good: number of companies, increasing number of wallets, growing number of transaction. My favorite chart: (30 days average) https://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false×pan=2year&show_header=true&daysAverageString=30&scale=0&address=Ok. That was just my personal view on the Bitcoin economy and why I bought at $300. Happy mining everyone, Marco |
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Deadstock
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October 07, 2014, 02:21:04 AM |
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my DOGE payouts tumbling down quite a bit..  |
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tylerderden
Copper Member
Legendary
Offline
Activity: 1162
Merit: 1025
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October 07, 2014, 04:09:30 AM |
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fees are eating a good chunk of the payouts at the current btc price. hopefully she starts going back up soon, or not i dont know, i dont like these low payouts but i do like buying btc on sale lol.
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Zeta0S
Legendary
Offline
Activity: 1694
Merit: 1011
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October 07, 2014, 05:25:16 AM |
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Still a really good payday last day And that when a time all coins made bomb dive. Genesis Mining really good service |
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Genesis-Mining
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October 07, 2014, 08:34:53 AM |
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Our CEO Marco and our colleague Mia at the Las Vegas conference:
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Zeta0S
Legendary
Offline
Activity: 1694
Merit: 1011
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October 07, 2014, 09:13:52 AM |
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Nice lady |
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katak
Member
Offline
Activity: 93
Merit: 10
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October 07, 2014, 10:50:08 AM |
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Still a really good payday last day And that when a time all coins made bomb dive. Genesis Mining really good service Are you kidding ? I'm losing 10% each day since 5 days... 0.000275 per Mh/s on October 5th!  |
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Mike18feb
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October 07, 2014, 11:13:07 AM |
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Are you kidding ?
I'm losing 10% each day since 5 days... 0.000275 per Mh/s on October 5th!
Losing 10% on what? I've been mining Megacoin mostly and how many coins I mine depends almost solely on the difficulty of the Megacoin network. Are you saying GM provides a bad service because of coin issues? |
<||=||> Rule #1a: Never invest more then you can afford to lose. <||=||> Rule #1b: Never invest all you can afford to lose. <||=||>
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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katak
Member
Offline
Activity: 93
Merit: 10
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October 07, 2014, 11:59:45 AM |
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I'm saying my payouts based on auto-btc are decreasing of 10% every day... that's all folks! |
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