Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Vince G, CSN MFT on March 05, 2014, 05:27:12 AM
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
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Did you make enough money for a face transplant?
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I bet Vissy isn't giving up that ass so easy now you're broke!
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It was never money, so you never had it.
All these crypto-currencies are digital fiat scams... they are NOT money, just another gambling/trading vehicle.
Better off trading penny stocks, at least they trade on a legit exchange.
Gold and silver are money... nothing else.
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
May I ask how much you lost?
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I'm sure a full recovery is near.
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May I ask how much you lost?
I had a little over 1.6 at the time....I cash out whenever I hit the 2 mark but with equipment rental fees and etc I'm going to be in the red on this
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I had a little over 1.6 at the time....I cash out whenever I hit the 2 mark but with equipment rental fees and etc I'm going to be in the red on this
Man as much as it will suck it might be best to cut your losses.
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Man as much as it will suck it might be best to cut your losses.
Perhaps....I'll still keep the e-store open as selling ebooks and software is very little risk. Bitcoin mining however is where the expense and risk. I may just stop renting and just buy a 100GH miner outright....I'll take much longer to generate the bitcoins but I'll have piece of mind
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At least you have your health vince
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I thought leaving your stack on the exchanges was a bad idea unless you were actually cashing them? Isn't that what the "wallets" are for - storage?
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I thought leaving your stack on the exchanges was a bad idea unless you were actually cashing them? Isn't that what the "wallets" are for - storage?
I did the mining with a group so it was not an option...that's why I'm considering just doing it outright with building my own mining rig equipment for minimal risk
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Vince, this seems like such an elaborate way to make a bit of money. Have you ever considered working bro?
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
the miner you claim to have is still in pre order phase.
https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html
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the miner you claim to have is still in pre order phase.
https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html
Yes, you can't buy it....that's why I rent the equipment from a company that has it. I have a separate computer in the office just to control it. Its the same thing for my websites....they run on a VPS server that's controlled from my main computer.
It really doesn't matter because I'm prob going to just build my own rigs and save a ton of money
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bitcoin is quite the scam
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Mining in the matrix ::)
Thats an expensive video game you playing vince
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Perhaps....I'll still keep the e-store open as selling ebooks and software is very little risk. Bitcoin mining however is where the expense and risk. I may just stop renting and just buy a 100GH miner outright....I'll take much longer to generate the bitcoins but I'll have piece of mind
Hey why don'tn you try learning somethign instead of get quick rich schemes. Face it dude you aren't all that bright and to pull off soemthing like this you need foresight, plannig and wit, none of which you have.
Don;t take this the wrong way or anything, just calling it like I see it. Just stop now you will lose more money.
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Hey why don'tn you try learning somethign instead of get quick rich schemes. Face it dude you aren't all that bright and to pull off soemthing like this you need foresight, plannig and wit, none of which you have.
Don;t take this the wrong way or anything, just calling it like I see it. Just stop now you will lose more money.
I make waaaaay more money than I lose and most importantly, I don't invest money that I cannot afford to put up.
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Vince, this seems like such an elaborate way to make a bit of money. Have you ever considered working bro?
Lets not get carried away!!!
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Lets not get carried away!!!
I know forgive me, I saw the blue stars and thought it was some white guy
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Vince losing his bitcoins is like a street bum losing his trolley with trash in it, he wont recover.
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
(http://i.imgur.com/h7bM8FN.gif)
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I make waaaaay more money than I lose and most importantly, I don't invest money that I cannot afford to put up.
will all this wealth at some point make you and Vissy move out of the trailer park?
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Eletricity. ;)
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I make waaaaay more money than I lose and most importantly, I don't invest money that I cannot afford to put up.
As should any wise investor, however, this is a poor long term investment and highly volatile, unless you have a really nice cash flow it's a poor investment. Why don't you take you money and invest in known things,long term things, like mutual funds or some shit.
What do you make money on?
Seriously, go to any investment banker, broker etc. this is a really volatile poor investment, it has little long term security, hasn't been around long and frankly is clearly a money making venture in which the idiots who did not get in at the start are left holding worthless shit.
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As should any wise investor, however, this is a poor long term investment and highly volatile, unless you have a really nice cash flow it's a poor investment. Why don't you take you money and invest in known things,long term things, like mutual funds or some shit.
What do you make money on?
Seriously, go to any investment banker, broker etc. this is a really volatile poor investment, it has little long term security, hasn't been around long and frankly is clearly a money making venture in which the idiots who did not get in at the start are left holding worthless shit.
I didn't lose money on the store selling merchandise...just on the bitcoin mining venture due to being in a group collective where more shit can go wrong. The only money I'm going to lose is the equipment rental and power cost and that's not going to be much. That's why I'm considering just building my own mining rig and run everything myself so I'll have better control over expenses and revenue.
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Don't leave your bitcoin in a wallet on the site you brought it from. Use different wallets. spread your bitcoin out in those different wallets. I still have mine.
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Don't leave your bitcoin in a wallet on the site you brought it from. Use different wallets. spread your bitcoin out in those different wallets. I still have mine.
Yea, I'm going to do that along with cashing them out faster and not waiting on the market level. I'm still debating over building a few rigs though.....with my computer skills and access of suppliers, I can build a pretty fast one for a lot less than other people....not only that, I'll have a bad ass gaming machine when I'm not mining
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vince do you even lift?
nice tits brah
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As should any wise investor, however, this is a poor long term investment and highly volatile, unless you have a really nice cash flow it's a poor investment. Why don't you take you money and invest in known things,long term things, like mutual funds or some shit.
I'd say that ~282% compounded return for half a decade constitutes a decent investment. If your commentary is merely forward looking then, well, perhaps it is correct, but the reality is that no one knows for sure what the future holds for bitcoin's price.
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Don't bother mining, it isn't worth it. I will bet that your mine hasn't minted a single BTC. The more BTC there is, the "harder" it is to mine (with the difficulty being measured in the escalating complexity of the mining algorithm). The complexity will even outstrip Moore's Law.
Leave the mining to the dorks that have access to a mostly-idle 10,000 CPU data center.
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Don't bother mining, it isn't worth it. I will bet that your mine hasn't minted a single BTC. The more BTC there is, the "harder" it is to mine (with the difficulty being measured in the escalating complexity of the mining algorithm). The complexity will even outstrip Moore's Law.
Leave the mining to the dorks that have access to a mostly-idle 10,000 CPU data center.
This, I was going to buy a couple of radeon 9970's a couple of years back but the thought at that time was that the easy mining had finished and now it wasn't worth it as electricity would cost more than the coin, and I listened :( lol @ Goodrum mining now with his pentium 3 processor @ 1.7ghz, 512mb of ram and integrated intel graphics ;D
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I'm sure you're all familiar with the bitcoin (http://bitcoin.org/en/) by now. But what you might not know is that there is a whole ecology of alternative (http://www.coinmarketprice.com/) cryptocurrencies being brought to market (initially just mined, then put on an exchange and traded for fiat) with their own special functions -- e.g., coins whose mining sends computational power to BOINC research projects (gridcoin).
As CEO of Vincent Goodcome Enterprises, I'm always looking for ways to innovate and expand my burnt appendages into new markets. Today I'd like to share my latest innovation:
Introducing, the goodcoin (GOC)
(http://i43.tinypic.com/ac5phi.jpg)
Technical specifications:
60 second block time
10 goodcoin's reward per block
60 second transaction confirmation time
scrypt-based, proof of work algorithm
Retarget every 4 hours
RPC/P2P Ports = 8505/8506
The goodcoin will be a revolutionary new cryptocurrency that will only gain value as its adoption rate increases. Initial miners will get free digital coupons to Caliber Fitness and Caliber Grocery upon successful mining of each block (in addition to the standard 10 goodcoin reward). Goodcoins make a great holiday gift as well because I'm sure they'll be useful for something sometime in the future (haven't figured that part of the business out quite yet).
More news to come!!
(http://i41.tinypic.com/35hiidv.jpg)
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(http://assets.vice.com/content-images/contentimage/128661/bitcoin_logo.jpg)
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It will be interesting to find out how she died
http://www.nbcnews.com/business/business-news/head-online-currency-exchange-found-dead-singapore-n45101
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(http://bitcoinmemes.com/wp-content/uploads/2014/02/2.jpg)
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
Interesting. https://products.butterflylabs.com/homepage-new-products/600-gh-bitcoin-mining-card.html
Apparently the 600GH Monarch bitcoin miner you claim to be using is not even available yet....
Shipping Schedule
This is a Pre-Order product which is not yet shipping. If you're uncomfortable waiting until the development is complete and the product is shipped, do NOT pre-order this product. Perhaps undesirable, but this is a pre-order market. Customers flatly demand to get in line for the new technology before it's finished development. This has created a lot of drama for the manufacturers but it's something we simply have to deal with. All manufacturers in this space have experienced some degree of delay with their first generation ASIC. Every last one of them, so we're reluctant to give a specific delivery date. However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February 2014. Orders are shipped in order date priority so any order placed now should be expected to be delivered in April.
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The exchange I was using was FlexCoin and it just filed for bankruptcy today. I guess I'll have to downsize to a trail.....oh wait a minute I forgot. ;D I had some in cold storage but not much.
Just so you guys know, I was selling ebooks in addition to having a 600GH Monarch bitcoin miner running in my office. I'm deciding as to whether to move to a new exchange or just sell off the equipment. What do you guys thinks
Hey Vince, sorry to hear you lost your 0.0000001 bitcoin!