binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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September 04, 2013, 11:41:31 AM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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robix
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September 04, 2013, 11:55:35 AM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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September 04, 2013, 11:58:37 AM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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robix
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September 04, 2013, 12:00:13 PM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Don't forget the fear and panic.
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VeeMiner
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September 04, 2013, 12:31:38 PM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Don't forget the fear and panic. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now.
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ex-trader
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September 04, 2013, 12:48:16 PM |
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0.0085 I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Don't forget the fear and panic. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Probably, but there still the ones that trade the exchanges and therefore drive the price. A bottom will be held if the longer term holders step into buy up the shares from the short-termers and they set the floor.
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Rival
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September 04, 2013, 01:53:24 PM |
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"A man who aspires to control his own destiny is constantly inclined to take action. The most difficult action to take for such a man is to decide to take no action at all. It is diametrically opposed to his nature, even when it is clearly the best choice."
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lophie
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September 04, 2013, 01:58:44 PM |
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"A man who aspires to control his own destiny is constantly inclined to take action. The most difficult action to take for such a man is to decide to take no action at all. It is diametrically opposed to his nature, even when it is clearly the best choice."
Tick Tock...... the amount of divs this week would drive alot of us to do alot of things that we would probably regret later.
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Will take me a while to climb up again, But where is a will, there is a way...
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runeks
Legendary
Offline
Activity: 980
Merit: 1008
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September 04, 2013, 02:10:28 PM |
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28nm will finish the mining game for almost everyone... NO ROI
Decreasing ROI has nothing to do with production process. ROI is decreased through competition. No free market can have the insane ROI that ASIC Bitcoin mining saw 6 months ago. I mean, when ASICMiner started mining in February at 1.7 TH/s, the difficulty was around 3.3M. Friedcat has said that 1 TH costs less than $10k, so that's a $17k investment. Mining at 1.7 TH at difficulty 3.3M with $15 bitcoins earned $3,915.21 per day. That's ROI in less than 5 days. That's absolutely insane. No free market with profit margins that high will be left alone for long. 28 nm isn't even out yet, and the ROI has decreased by more than an order of magnitude in the past 6 months. why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) The other reason companies are jumping on the Litecoin ASIC train is the LTCUSD market depth. It's much more shallow than Bitcoin's. Total USD available on BTC-e is $43,340.28. So a company mining Litecoin and selling them on BTC-e would crash the price to zero if they tried to dump $43k worth of Litecoins on that exchange. By comparison, selling $43k worth of bitcoins on Mt. Gox would only drop the price from $144 to $143.3.
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conv3rsion
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September 04, 2013, 04:22:43 PM |
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.014 is my guess
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kibblesnbits
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September 04, 2013, 04:23:51 PM |
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.014 is my guess
Wrong thread...
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conv3rsion
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September 04, 2013, 04:28:51 PM |
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.014 is my guess
Wrong thread... Shut up.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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September 04, 2013, 04:33:11 PM |
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Nice!!!
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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September 04, 2013, 04:35:43 PM |
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.014 is my guess
Wow, great!
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candoo
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September 04, 2013, 05:01:59 PM |
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They didnt include all the hardware sales. My hardware payment to friedcat is still on the same bitcoin adress. payment 8/31
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Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
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JimiQ84
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September 04, 2013, 05:03:12 PM |
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They didnt include all the hardware sales. My hardware payment to friedcat is still on the same bitcoin adress. payment 8/31
maybe it wans't shipped yet?
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candoo
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September 04, 2013, 05:04:25 PM |
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They didnt include all the hardware sales. My hardware payment to friedcat is still on the same bitcoin adress. payment 8/31
maybe it wans't shipped yet? NO I deny that. Received the dhl express shipping already.
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Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
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David Chen
Member
Offline
Activity: 91
Merit: 10
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September 04, 2013, 05:06:02 PM |
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They didnt include all the hardware sales. My hardware payment to friedcat is still on the same bitcoin adress. payment 8/31
So,that means the sales revenue is awesome.
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reputation is everything.
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keeron
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September 04, 2013, 05:11:14 PM |
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holy cat! the hw sales (and maybe if it included franchising) seemed quite good. 2,374 from mining (1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i) and 3,234.63 BTC from other stuff. And looking at various group buy address plus e.g. post from candoo, not all hardware payments were included here.
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lophie
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September 04, 2013, 05:17:44 PM |
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holy cat! the hw sales (and maybe if it included franchising) seemed quite good. 2,374 from mining (1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i) and 3,234.63 BTC from other stuff. And looking at various group buy address plus e.g. post from candoo, not all hardware payments were included here.
but divs arent dispersed yet you wouldt know if FC would keep a big portion for 2nd gen.
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Will take me a while to climb up again, But where is a will, there is a way...
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