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Showing 9 of 9 results by Serpo Eben
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Topic
Board Beginners & Help
Re: CGMiner site is down, download CGminer here!!
by
Serpo Eben
on 04/12/2013, 19:04:46 UTC
So where can we download a safe version of CG Miner 2.11.4?  I found one download yesterday with a trogan.  Please advise.  Thanks.
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Topic
Board Scam Accusations
Re: is cloudhashing.com a scam??
by
Serpo Eben
on 20/11/2013, 04:46:32 UTC
Yes they are a scam because they RAPE you with absolute bullshit fees.  Out of $271 I have earned so far in BTC they have charged me more than $200 in "management fees".  Which, by the way, are not mentioned anywhere when you sign up.


This is the first and only of such report. Are you saying that you have mined $271 to date and only received $70 if your wallet? If so please send me a screen shot of your ledger entry page.

Thanks

Are you joking?  YOU have access to my ledger page as well.  Why should I do the work for you?  It's basic math.  Add up the BTC mined.  Subtract your "management fees".  Result:  RAPE = EXCESSIVE MANAGEMENT FEES ON EVERY TRANSACTION.
Post
Topic
Board Service Discussion
Re: Warning! Do not use Coinbase.com Scam Artists!
by
Serpo Eben
on 19/11/2013, 21:42:29 UTC
Does anyone know what name Coinbase uses when they place the charge against your checking account?
Post
Topic
Board Scam Accusations
Re: is cloudhashing.com a scam??
by
Serpo Eben
on 19/11/2013, 05:21:03 UTC
Yes they are a scam because they RAPE you with absolute bullshit fees.  Out of $271 I have earned so far in BTC they have charged me more than $200 in "management fees".  Which, by the way, are not mentioned anywhere when you sign up.
Post
Topic
Board Bitcoin Discussion
Re: You don't have to buy a whole Bitcoin! You can buy partial!
by
Serpo Eben
on 18/11/2013, 23:46:35 UTC
Some of you guys are worse than a pump and dump penny stock thread.  The fact is that there are only a finite amount of Bitcoins remaining.  21 million is not a lot.  Actually it is microscopic.  The price of Bitcoin will continue its meteoric rise.
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Topic
Board Bitcoin Discussion
Re: SilkRoad domain Seized?
by
Serpo Eben
on 18/11/2013, 18:01:35 UTC
Has anyone used Brain Wallet that is mentioned in the article?
Post
Topic
Board Beginners & Help
Re: Bubble?
by
Serpo Eben
on 16/11/2013, 06:57:52 UTC

This cartoon is the simplest visual representation of what and how a bubble builds and bursts.  Bubbles are nothing more than herd mentality.

If I could send a message to every single Bitcoin holder in the world if would be this.  Hold on to your Bitcoins.  Even if you "hear" the market is going on a down turn.  The secret lies in the power of the people holding Bitcoins.  By all means if you want the price of Bitcoin to plummet then go ahead and dump your holdings when the fear factor brigade shows up with pitch forks and torches.  Then they will be the ones scooping up your hard earned Bitcoins for pennies on the dollar and riding the wave back to the top.

Hold....hold....hold....and last but not least....HOLD.
Post
Topic
Board Beginners & Help
Re: How long were you 'into' bitcoin before becoming a full-fledged evangelist?
by
Serpo Eben
on 16/11/2013, 06:49:32 UTC
The first thing I do with any investment is research people who are a lot smarter than I am relative to an investment.  My research on Bitcoin led me down a lot of roads full of technical speak and processes that were Greek to me.  When I learned that institutional money was being invested in different investment trusts whose holdings are in Bitcoin...THIS is when I became a believer in the crypto currency.  When institutional money comes in you know it is very, very, real.
Post
Topic
Board Altcoin Discussion
Re: Think Litecoin will see the same growth as Bitcoin?
by
Serpo Eben
on 16/11/2013, 06:39:46 UTC
Litecoin or any other cyrpto currency value is going to be determined by one major event.  When Bitcoin hits the 21 million mark.

The only way we will know if Bitcoin will retain its perceived value is when we reach the 21 million mark.  If there are no more Bitcoins to be minted then the value of a Bitcoin will remain static or increase.  By how much is impossible to predict.  The more the perceived value the higher it will go.

However, if the mystery developer of the Bitcoin network decides to open up a new level of Bitcoin minting then the market price will dive sharply, recover after a period of time, then stabilize but at a much lower value.  Again, impossible to predict but it will happen. 

This will have a massive ripple effect on other crypto currencies and will determine user acceptance and perception of those crypto currencies which will of course determine their respective values.  So to answer the OP's question it is entirely too early to tell what other crypto currencies will do in terms of performance until we reach this critical milestone of the 21 million mark.