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CMMPro
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August 29, 2013, 01:05:38 PM |
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Canadian reseller WTCR has them listed for 5.79btc....no break even on these at all according to all the online calculators, negative return from day one if you buy one.
I'd like to buy from Canary but he won't step over the other reseller. There should be an allowance for monopolistic pricing.
Even if they were charging 4.5btc for customs duty it would be acceptable but not at 1.8btc more plus shipping.
The old ones should actually sell for slightly more since they allow for overclocking.
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Franktank
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August 29, 2013, 01:24:50 PM |
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Canadian reseller WTCR has them listed for 5.79btc....no break even on these at all according to all the online calculators, negative return from day one if you buy one.
I'd like to buy from Canary but he won't step over the other reseller. There should be an allowance for monopolistic pricing.
Even if they were charging 4.5btc for customs duty it would be acceptable but not at 1.8btc more plus shipping.
The old ones should actually sell for slightly more since they allow for overclocking.
If the SEC is interested in Bitcoin, think the FTC may be interested in ASIC pricing?  |
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finlof
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August 29, 2013, 01:43:01 PM |
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Canadian reseller WTCR has them listed for 5.79btc....no break even on these at all according to all the online calculators, negative return from day one if you buy one.
I'd like to buy from Canary but he won't step over the other reseller. There should be an allowance for monopolistic pricing.
Even if they were charging 4.5btc for customs duty it would be acceptable but not at 1.8btc more plus shipping.
The old ones should actually sell for slightly more since they allow for overclocking.
you can buy from silentsonicboom (another valid USA reseller) and he will ship to canada - https://bitcointalk.org/index.php?topic=283077.0 |
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canth
Legendary
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Activity: 1442
Merit: 1001
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August 29, 2013, 01:50:48 PM |
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Asicminer:
Currently having difficulty maintaining running blades. In fact, in friedcat's most recent post he even mentioned that one of the reasons they aren't posting an actual hashing meter is because it would require them to perform more maintenance (leading one to assume they are laxed on the maintenance and letting people see that would be a problem). This is further exacerbated by mysterious network issues that cause them to be unable to process all available transactions (losing fee's) and leading to orphaned blocks (highest orphaned block count of any mining pool). These same 'network issues' are frequently friedcat's excuse as to why hashing seems to be going offline. How hard is it to hire quality sys admins in China anyway?
I don't think the bolded part is a fair conclusion. I think his meaning is more that it would add an additional responsibility and commitment of resources because if it went down then people on this board would be screaming and going nuts. So overall its just not worth it and is a waste of resources. Plus it would allow DDoS's and other malicious attackers a method of determining EXACTLY how effective their attacks were. In case you haven't notice, friedcat is a very unique cat indeed in the bitcoin mining community (honest, thoughtful, intelligent, takes care of his customers / shareholders, not willing to engage in malicious behavior, etc.). Also I think it is a bigger issue than just hiring a sys admins. Since the parent company owns the vast majority of the shares, obviously it is also in friedcat's best interest to fix the issue. It makes no sense for any party involved to just shrug at the number of orphaned blocks. I am sure if it was a simple fix that he would do it. I think its a bigger issue related to China's internet firewalls, weird network issues and other Chinese internet idiosyncrasies. I've commented on this before, but I'll put it out there again. I have experience solving cross-border Chinese internet challenges for financial companies. The solutions aren't free - probably around $10K+ / month, but they work. If any board members are aware of whether or not Friedcat is looking for assistance in tackling this problem, I'll be happy to share my experiences with his network admin. In short, if this is a major profit issue, it can be solved in < 30 days if there's a will. |
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velacreations
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August 29, 2013, 03:53:27 PM |
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I don't pay for promises. I pay for results and delivery.
Others promise. And promise. And promise.
Friedcat delivers.
Friedcat once was a promiser only too. And i believed him luckily. There are significantly more promisers than miss their mark compared to ones that hit, like FC. And even FC has stumbled at times. When even FC has a hard time, it makes me wonder how in the world some of these other jokers will meet even half of their wild claims. |
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SaintFlow
Sr. Member
Offline
Activity: 532
Merit: 300
The first is by definition not flawed.
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August 29, 2013, 06:24:27 PM |
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About the 200 bitcoin - I wonder when the press picks up on it.
The value Mr. Cat created for the public perception of bitcoin is bigger than 200 coins.
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2011 seems like yesterday
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Panterino
Member
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Activity: 70
Merit: 10
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August 29, 2013, 06:28:45 PM |
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About the 200 bitcoin - I wonder when the press picks up on it.
The value Mr. Cat created for the public perception of bitcoin is bigger than 200 coins.
Was thinking the same thing. |
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TheSwede75
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August 29, 2013, 06:35:30 PM |
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About the 200 bitcoin - I wonder when the press picks up on it.
The value Mr. Cat created for the public perception of bitcoin is bigger than 200 coins.
200 BTC invested, 1000s BTC in trust and respect gained. |
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
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August 29, 2013, 06:36:04 PM |
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About the 200 bitcoin - I wonder when the press picks up on it.
The value Mr. Cat created for the public perception of bitcoin is bigger than 200 coins.
Definitely true. "Bitcoin miner voluntarily returns $22,000 mistake" |
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g83
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August 29, 2013, 06:55:27 PM |
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Friedcat is the only one who puts a little trust in bitcoin business. All other players just fucked up
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SaintFlow
Sr. Member
Offline
Activity: 532
Merit: 300
The first is by definition not flawed.
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August 29, 2013, 07:18:25 PM |
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Friedcat is the only one who puts a little trust in bitcoin business. All other players just fucked up
only one? all other fucked? why so no bitcoin transactions with you? |
2011 seems like yesterday
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donut
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August 29, 2013, 07:41:34 PM |
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Friedcat is the only one who puts a little trust in bitcoin business. All other players just fucked up
only one? all other fucked? why so no bitcoin transactions with you? Are you thick? He's talking about mining businesses. |
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conv3rsion
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August 29, 2013, 07:54:50 PM |
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I'm extremely happy that Friedcat returned that transaction fee mistake.
Integrity is worth a lot more than 200 coins (no matter what BTC ends up being worth).
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TheSwede75
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August 29, 2013, 09:04:26 PM |
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I'm extremely happy that Friedcat returned that transaction fee mistake.
Integrity is worth a lot more than 200 coins (no matter what BTC ends up being worth).
Looking forward to being able to call Friedcat "The man with the million dollar integrity"  |
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donut
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August 29, 2013, 09:08:53 PM |
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Technically he didn't have to refund such a mistake. I am 0.0005 BTC poorer per share I own because of his damn integrity!
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vortex1878
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August 29, 2013, 09:11:46 PM |
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Technically he didn't have to refund such a mistake. I am 0.0005 BTC poorer per share I own because of his damn integrity!
Wow. Congratulations. |
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SebastianJu
Legendary
Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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August 29, 2013, 09:22:36 PM |
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Technically he didn't have to refund such a mistake. I am 0.0005 BTC poorer per share I own because of his damn integrity!
Looks like integrity is worth practically nothing to you then. Good to know. I hope i remember before doing business with you. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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SOFORTGELD
Newbie
Offline
Activity: 39
Merit: 0
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August 29, 2013, 09:23:48 PM |
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Technically he didn't have to refund such a mistake. I am 0.0005 BTC poorer per share I own because of his damn integrity!
multiply 200 shares (average shareholder) = 10 dollar lost! Anyways: I would have refunded as well. |
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SebastianJu
Legendary
Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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August 29, 2013, 09:24:29 PM |
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I don't pay for promises. I pay for results and delivery.
Others promise. And promise. And promise.
Friedcat delivers.
Friedcat once was a promiser only too. And i believed him luckily. There are significantly more promisers than miss their mark compared to ones that hit, like FC. And even FC has stumbled at times. When even FC has a hard time, it makes me wonder how in the world some of these other jokers will meet even half of their wild claims. When i invest in a couple of them and only one of them is a winner similar to Asicminer while all others fail... i still won more than enough... |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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herzmeister
Legendary
Offline
Activity: 1764
Merit: 1007
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August 29, 2013, 09:53:38 PM |
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About the 200 bitcoin - I wonder when the press picks up on it.
The value Mr. Cat created for the public perception of bitcoin is bigger than 200 coins.
Exactly, I already said elsewhere: Another remarkable aspect to this story is that despite all the talk about (pseudo-) anonymity in Bitcoin, how transparent it actually is when things are important. The media ought to pick up on this. |
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