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Showing 20 of 52 results by ShawnP
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Topic
Board Speculation
Re: Weekly Parabolic SAR just flipped the side!
by
ShawnP
on 16/11/2014, 21:59:53 UTC
Why is my SAR broken ?

http://i.imgur.com/xlVAr8S.jpg
Because bitcoincharts is missing almost 1 month of data.
http://i.imgur.com/2yCG22w.png
Post
Topic
Board Speculation
Re: Is Overstock.com slowly draining the price?
by
ShawnP
on 23/03/2014, 11:55:38 UTC
I got the $1 million per day from here:
http://www.fool.com/investing/general/2014/03/22/will-bitcoin-destroy-big-government.aspx
"Indeed, while Overstock.com may accept bitcoin, it doesn't store them -- all the bitcoins Overstock.com takes in (now worth more than $1 million per day) are converted directly to U.S. dollars."

100% typo by the writer of article.
considering their CEO said that they expect bitcoin sales to reach $10 million or $15 this year." http://online.wsj.com/news/articles/SB10001424052702304815004579418962232488216
Post
Topic
Board Speculation
Re: Is Overstock.com slowly draining the price?
by
ShawnP
on 23/03/2014, 10:39:49 UTC
Could you provide source where they claim selling about $1 million worth of goods in bitcoin per day?
All I could find is they sell about $20-30K every day and that they "only" had a bit more than $1M in bitcoin transactions in two months.

http://techcrunch.com/2014/03/04/overstock-com-exceeds-1m-in-bitcoin-transactions-in-two-months/
http://www.geekwire.com/2014/overstock-ceo-20-30k-bitcoin-sales-every-day/
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ShawnP
on 06/01/2014, 08:00:05 UTC
Yeah, the last dump he warned us of did not happen.
It did happen. look at vertical line and date. Few day later we were at 455$.
Large movement possible soon. Guess the direction.
http://i.imgur.com/sLi6Rry.png
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
ShawnP
on 21/12/2013, 10:57:15 UTC
I hope buying at 0.00000158 was a good investment

Lol same here.  I have a feeling it's going to crash soon though.  There's too many new DOGE per day to sustain this high of a market cap.
It was not. Better sell now before it drops below 100.
I bought at 158 now it's like the half  Shocked
Told you to sell it is still going way below current price.

I'm  just waitin it to skyrocket  Cool
https://images.weserv.nl/?url=c3201142.cdn03.imgwykop.pl/comment_F3Usdh1oEjcuy2kTjy95QuxHo4lzhSsE,wat.jpg?author=KrowkaAtomowka&auth=85e95144a857871f5a97d629fa08a2d9&fnr
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
ShawnP
on 21/12/2013, 10:45:50 UTC
I hope buying at 0.00000158 was a good investment

Lol same here.  I have a feeling it's going to crash soon though.  There's too many new DOGE per day to sustain this high of a market cap.
It was not. Better sell now before it drops below 100.
I bought at 158 now it's like the half  Shocked
Told you to sell it is still going way below current price.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
ShawnP
on 19/12/2013, 21:56:27 UTC
0.00000150              2002876.77400000


People sell for nothing.
That is about 3 blocks at average price 1BTC per block.
You guys think Dogecoin is worth 1BTC per block?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
ShawnP
on 19/12/2013, 21:44:01 UTC
I hope buying at 0.00000158 was a good investment

Lol same here.  I have a feeling it's going to crash soon though.  There's too many new DOGE per day to sustain this high of a market cap.
It was not. Better sell now before it drops below 100.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency - many coin - wow - v1.2 Released
by
ShawnP
on 19/12/2013, 21:33:12 UTC
Over 30 BTC of DOGE just sold on Coinedup from .0000014-.0000011. Wow. Such Idiot.
Smart. Real value is way below 100 Satoshis.
Why? Because even at 100 Satoshi per coin you need around 700 BTC per day to keep price at this level.
Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
ShawnP
on 09/10/2013, 16:29:10 UTC
0.0048?  Sad
Way worse than I expected.
Post
Topic
Board Securities
Re: [PicoStocks] 100TH/s bitcoin mine [100th]
by
ShawnP
on 09/09/2013, 14:39:35 UTC
So why people pays 10 times more for AsicMiner when they will have same amount of dividends from 200TH mine.
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
For some period of time, investing same amount of BTC into AM and 200TH will give ~3 times more from dividens from later. Do your own math, my maybe wrong though.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
Post
Topic
Board Securities
Re: [PicoStocks] 100TH/s bitcoin mine [100th]
by
ShawnP
on 09/09/2013, 13:59:27 UTC
Can it bump to 0.4 btc/share again?
Who knows? When full 200TH hit online then this mine will be delivering highest dividends (for some amount of time) among competition. So if worse AsicMiner can hit >2BTC/share (I know it's not directly comparable) then 0.4 is possible. I think even 1.0 mark is possible.
I dont know if you are purposly deceiving him or just cluless.
This is mining bond which cannot be compared to AsicMiner.
Each share will give 400MH/s. Lets say you buy them at 0.2 BTC per share or 2GH/s per BTC when 200Th will be online.
Even ASICMINER Block Erupter Blade are cheaper than this which everyone with some clue knows they will never return what you pay for them.
Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
ShawnP
on 07/09/2013, 05:31:34 UTC

Awwww... You just met you quota of bullshit posts. Unfortunate.
There is 0 BS in his post.
ActiveMining was suppossed to have 6TH online by now.
But since Avalon did not deliver it did not happen.
Also I find it interesting that network is 750TH and not 250TH as predicted in this chart.
But yeah that 6TH would just be temporary measure until Easic would deliver and company starts mining/selling.
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
ShawnP
on 07/09/2013, 05:29:33 UTC
I never said it is bad. just stating how many you must have to get 100 more.
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
ShawnP
on 07/09/2013, 05:13:49 UTC
You only need 138367 shares to get 100 more from dividends.  Grin
Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
ShawnP
on 06/09/2013, 11:33:05 UTC

I think it's hilarious that since they announced everything is on track the price stopped being stable and started drifting down.
Some shrewd, shrewd traders here.
Without solid proof that you have anything developed, words of future hashes and whatnot
only works for limited time.
Also amount of shares for sale has increased from 630k shares to 790k shares over few last days.
Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
ShawnP
on 06/09/2013, 11:12:41 UTC
So in my view the 3-4 TH/s will be good to prove that the chips works.
No it does not matter how much hash they have if they cannot provide proof that they have made the
chips and they are not buying hardware from other suppliers.
Just look into Asicminer thread or Bitfury thread how much proof was provided any you can get better
picture.
LOL.  You're becoming a real clown.

All you can come up with is an Ad hominem attack?
Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
ShawnP
on 06/09/2013, 10:58:59 UTC
So in my view the 3-4 TH/s will be good to prove that the chips works.
No it does not matter how much hash they have if they cannot provide proof that they have made the
chips and they are not buying hardware from other suppliers.
Just look into Asicminer thread or Bitfury thread how much proof was provided any you can get better
picture.
Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
ShawnP
on 06/09/2013, 09:59:32 UTC
ActiveMining is currently hashing at 17.2KH/s per share - current dividends present a 25% annual ROI at current difficulty. 10,000 chips at 16gh/s each increases that to 6.4MH/s per share.
Sorry but I have to call you on your BS/bad maths.
ActiveMining is currently hashing at 17.2KH/s per share and last dividend is 0.00000220 per share which means with current price of per share of 0.00463200 will take 2105 weeks (40 years) to recoup share cost.
2105 weeks divided by 52 weeks is 40 years or 2.5% annual ROI at current difficulty.
Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
ShawnP
on 05/09/2013, 20:28:49 UTC

Because there are a million ways they could scam us and that is by far the least profitable way to do it.

The most obvious way to scam us would simply be to sell hardware out the back door and not include that income as company revenues.



You are assuming that they actually have the hardware, and to this point there is no evidence that there is. But they will be on CNN soon! More shady by the day...
Exactly. And since they have nothing to show there options are limited.
Easiest way too scam would not locking shares
and slowly selling them while giving some vague updates that keeps the bids up.
Oh wait that is exactly what is happening.   Shocked