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Showing 20 of 157 results by Logan4el
Re: [LIST] Free EU bank accounts that you can be opened directly online
Quote
As a bank we are legally required to protect our users and the integrity of the banking system. Therefore, we continuously monitor our users’ transaction activity as required by law to prevent any misuse of accounts.
As a result of our review of your transaction activity, our Compliance team concluded that the payment behaviour on your account was not in line with the expected use of our services and our Terms and Conditions. We have to inform you that we are no longer able to offer our services and we have to close your bunq account in line with Chapter 50 (Chapter 48 for Business) of our Terms and Conditions: https://www.bunq.com/terms
We may hold your funds after the closure of your account to cover any debts to us, payments that you approved before your account was closed or legitimate claims and rights of third parties.
As a result of our review of your transaction activity, our Compliance team concluded that the payment behaviour on your account was not in line with the expected use of our services and our Terms and Conditions. We have to inform you that we are no longer able to offer our services and we have to close your bunq account in line with Chapter 50 (Chapter 48 for Business) of our Terms and Conditions: https://www.bunq.com/terms
We may hold your funds after the closure of your account to cover any debts to us, payments that you approved before your account was closed or legitimate claims and rights of third parties.
What kind of debts do they expect from 0 days FREE account with 2 top up transactions from my another bank account.
Re: [LIST] Free EU bank accounts that you can be opened directly online
My experience with Bunq. My bank is not cryptofriendly so I had to use something in a middle to topup Binance with fiat. I have sent 100 and 500 eur instantly. After I sent 5000 euro and my account was blocked. Normally bank should have asked for documents to prove that funds are coming from the legal source. Not the case with Bunq. Not sure if they ever will refund my 5000 euro.
Perfect, if you wanted to see them freezing your account. 5 000€ is exactly what was needed
On a serious note, you can be sure they will refund the full amount because it is mandatory. They have no right to keep the funds, even if you don't provide a document explaining the source of the funds. It's like this with any banks (at least in Europe)
Now the next step, since your account is dead, they're supposed to contact you to ask for the IBAN from another bank to send you your balance before closing your account.
It's something that can easily take 30 days
What they actually did.. they refunded my last payment to them with description "Refund because of closed bunq account". But the refund amount was 5 euro instead of 5000 euro. I was trying to get a purpose of this payment several times, no results.. Also finally told me "investigation" may take few months.
Re: [LIST] Free EU bank accounts that you can be opened directly online
My experience with Bunq. My bank is not cryptofriendly so I had to use something in a middle to topup Binance with fiat. I have sent 100 and 500 eur instantly. After I sent 5000 euro and my account was blocked. Normally bank should have asked for documents to prove that funds are coming from legal source. Not the case with Bunq. Not sure if they ever will refund my 5000 euro.
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
Affordable miner for hoby miners nice, meaby i will one get one.
minimum order is 5
you pay $2700 + 5 PSU + shipping for getting 20TH at 5kW
S9 has 13.5TH at 1.4kW for 2320+105+160=2590
What?.... can't see purpose of that.
Who is this talented mathematician?
5*345 = 1725$
And there is one retarded competitor in this segment https://pangolinminer.com/product/m3-stock-vii/
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
A 1% increase every 18 days, you guys are kidding, right?
2 weeks ago it increased by 16.8%,
2 weeks before that it increased by 15.3%,
2 weeks before that it increased by 3.0%,
2 weeks before that it increased by 17.7%
2 weeks before that it increased by 18.1%
In the last year alone, difficulty has increased by 490% (last Feb it was 0.441T, now its 2.6T), and it is now increasing at a rate much faster than that.
So I dont know how you guys justify the numbers above.
And whats this about difficulty will level out? Why would you think that?
You are aware that in the almost 10 years of bitcoin history, THAT HAS NEVER HAPPENED!
In fact, apart from the odd blip here and there, difficulty has ALWAYS increased and the rate at which it has been growing has ALWAYS been increasing as well.
Just look at the data:
https://data.bitcoinity.org/bitcoin/difficulty/5y?t=l
Saying it will magically start to flatten out is true wishful thinking in my opinion.
Anyway, keep buying those S9s every time Bitmain releases a batch
2 weeks ago it increased by 16.8%,
2 weeks before that it increased by 15.3%,
2 weeks before that it increased by 3.0%,
2 weeks before that it increased by 17.7%
2 weeks before that it increased by 18.1%
In the last year alone, difficulty has increased by 490% (last Feb it was 0.441T, now its 2.6T), and it is now increasing at a rate much faster than that.
So I dont know how you guys justify the numbers above.
And whats this about difficulty will level out? Why would you think that?
You are aware that in the almost 10 years of bitcoin history, THAT HAS NEVER HAPPENED!
In fact, apart from the odd blip here and there, difficulty has ALWAYS increased and the rate at which it has been growing has ALWAYS been increasing as well.
Just look at the data:
https://data.bitcoinity.org/bitcoin/difficulty/5y?t=l
Saying it will magically start to flatten out is true wishful thinking in my opinion.
Anyway, keep buying those S9s every time Bitmain releases a batch
Current difficulty: 2,874,674,234,416
January 26 difficulty: 2,603,077,300,218
+10.4337 %
I got your point from the very beginning. Unfortunately many cant.
Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order
Last week ROI on an S9 purchased on shitmain's website was slightly less than a year at .10/kWh. Today, it's over 400 days which essentially means never as difficulty is still rising and bitcoin is still falling. At this rate, it won't even pay to turn on an S9. I guess all the manufacturers pushed their prices high up so they could squeeze the last bit of profit from us miners before the crash.
I don't know how you're running the numbers, but they're wrong. First of all the ROI of an S9 is not anywhere near as long as 400 days, even with bitcoin doing so poorly recently, so that says something right there, that it can keep being profitable even in this environment. Second of all - assuming the difficulty keeps rising and the price of bitcoin keeps falling - yes, the S9 would not make a good investment. However the truth of the matter is that you can't see the future any more or less than the rest of us. You don't know if the price of bitcoin will keep falling, or if it will rise, or what the difficulty will do, etc. If you believe in bitcoin and believe it will make a comeback (which history tells us it will), then you don't base your numbers off today, but what you expect them to be in the future, especially with something as volatile as bitcoin.
This is wishful thinking.
BTC value cannot be forecast but you can make some pretty good predictions about total network hashrate and difficulty, Ive shared mine on various occasions in this thread and even the best case scenarios dont show an S9 to be a good investment currently, worst case scenario shows the S9 to be money down the drain.
Its been over a month since I built those forecast and so far the total network hashrate is growing even faster than my original worst case scenario. That should tell you something.
Anyway, you can find the work a few pages back in this thread, check it out.
I dont know what hashrate chart are u using, the one im watching hashrate is falling
https://www.coinwarz.com/network-hashrate-charts/bitcoin-network-hashrate-chart
Difficulty retarget chart
Date (24h UTC) Feb 7th, 01:49 -
Remaining 5 hours, 25 minutes (37 blk) -
Change +10.16%
Happy mining
