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Showing 20 of 47 results by bitndx
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Board Tokens (Altcoins)
Re: [ANN][ICO] CoinsOpen.com - Fiat-Tokens P2P Exchange | No Verification | Low fees
by
bitndx
on 16/10/2017, 18:34:43 UTC
My antivirus avast detects the website when I want to register to your website it says "THREAD VULNERABILTY ACTIVE" I think that is something bad with the coinhive captcha............
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Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] CoinsOpen.com - Fiat-Tokens P2P Exchange | No Verification | Low fees
by
bitndx
on 13/10/2017, 16:33:47 UTC
100% of all the fees collected will be distributed to tokens holders right? So how will you guys earn money?

It's a exchange , they will charge something , I mean its impossible like them to give you same value with 1 ETH ( actually 340 $ ).

Yes you are right j_atomic , they have the fees 0.5% but they are better than any exchange which swap to usd directly Smiley
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Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] CoinsOpen.com - Fiat-Tokens P2P Exchange | No Verification | Low fees
by
bitndx
on 09/10/2017, 19:41:30 UTC
Good project , i like one , why did not you create more tokens ? Are 23m enough?
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Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] CoinsOpen.com - Fiat-Tokens P2P Exchange | No Verification | Low fees
by
bitndx
on 09/10/2017, 07:42:12 UTC
Are the tokens already issued ? I want to see the contract address with the tokens


Yes the founder evan volk announced that the tokens are already avalabile . But lets wait for the public address
Post
Topic
Board Bitcoin Discussion
Re: Winklevoss ETF update, what does this mean?
by
bitndx
on 06/01/2015, 15:39:52 UTC
Read this and tell me if you believe Bitcoin will be a sound ETF investment for knowledgable players.

Quote
Ways to identify a bad ETF investment

The following four tips can help investors determine whether an ETF is likely to fail:

1. Use caution when selecting ETF products that track narrow market segments; these products are considered risky and therefore require more evaluation.

2. Examine the ETF's trading volume. Volume is a good indicator of liquidity and investors' interest. If the volume is high, the product is typically more liquid.

3. Look at the assets under management, to determine how much money is being managed and to measure the fund's success.

4. Review the ETF's prospectus, to understand what type you are holding. An ETF is like any other investment company and will deliver a prospectus upon request. The prospectus will provide information such as fees and expenses, investment objectives, investment strategies, risks, performance, pricing and other information.

5. Finally, very new or very small ETFs sometimes trade inefficiently, resulting in wide spreads between their buy and sell prices or failure to track their benchmarks accurately. Wait for an ETF to gather at least $100 million in assets before you invest in it.

this could describe all of crypto-currency investment....extremely risky. The winklevie are probably(hopefully) targeting people where a mill is a very small percentage of their risk capital. otherwise it will be doomed to fail when small players can't hold it for long and have to sell into the stated inefficient market.
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Topic
Board Hardware
Re: Cointerra AIRE Miner 16nm PreOrder
by
bitndx
on 25/11/2014, 21:55:20 UTC
If it is known that Cointerra's supplier is not going to deliver 16nm to them until Q2 2015; then the CT website target delivery date needs to shift from Q1 as well. Especially when one signs refunds and recourse away in the sale terms fine print.

Otherwise that sales method sounds deceptive to me.

 

   
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Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 04/11/2014, 17:18:32 UTC
can anyone post the date of the auction and and any details on bidding? It is time to put this lame horse down

https://cases.processgeneral.com/cases/document/case/5/hashfast-technologies-llc/

That information along with every other public document and audio from the case is available on the creditor's information website.

For the auction details look under documents and check out the document labeled Docket222.pdf  It looks like the date is Dec 4th 2014 @ 10:00 in a location in San Francisco TBD.  Procedures for bidding and the items up for auction are also listed.

Thanks!



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Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 04/11/2014, 13:39:55 UTC
can anyone post the date of the auction and and any details on bidding? It is time to put this lame horse down
Post
Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 26/09/2014, 14:20:48 UTC
Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 19/09/2014, 13:04:28 UTC
Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 15/09/2014, 18:53:52 UTC
What was the big idea behind killing the liquidbits deal?

The main problem was that it was they weren't offering to pay cash.  They wanted to pay a very small amount to a select few companies to get their hands on the chips and then if they decided to build a mine and after they got their investment back they would maybe pay up to 6 million dollars back to creditors.  So the likely outcome for customer creditors was that we would have ended up with $0.  If you have a choice between keeping something that is worth a few million and declining in value so you could look for another buyer or $0 for it right now which would you take?

hindsight on the LB deal....but weird that there wasn't a back and forth where some cash might have come forward..."this deal or no deal". Especially since there wasn't anything waiting in the wings.

where are the new ideas to use the declining value chips? Is there an email address for the CRO to send some ideas too because it sure seems like there are none?
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Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 15/09/2014, 15:39:18 UTC
The bigger picture question is how do you take in $18M+ from pre orders, fulfill a small percentage of your customers (1/2 of the first batch) and apparently have next to nothing in $ or BTC to show for it?

Obviously, those involved in the blatant collusion had to be paid. I see it! You see it! Even the judge sees it, but it's not his position to make such an opinion, for he's ONLY the judge. Both sides' lawyers see it, but guess what comes to mind? You guessed it: Blatant collusion.

Good Guy Lawyer: I'm going to do A, B and C to try to get this over with ASAP, while you...
Bad Guy Lawyer: ...do X, Y and Z to slow you down. Is it safe to assume we're both getting paid the same hourly rate?
Good Guy Lawyer: Yes, of course, Silly, but sadly the clown wearing the robe doesn't benefit so handsomely.
Bad Guy Lawyer: True, that! But we don't get to don a robe. Guess that's the price we have to pay to remain in our lowly positions.
Good Guy Lawyer: The only saving grace is that our clients pay that price - in spades!

Judge: What's the latest?
GGL: Your Honor, we need to do A, B and C ASAP.
Judge: Any objections, BGL?
BGL: Yes, your Honor. X, Y and Z.
Judge: See you all next month. Adjourned!

GGL: Coffee?
BGL: Can't! Toga party at Long Dong Skropenis and CockMeyers' pad. I'll email you pics.
GGL: Guess I'll have my paralegal email my suckers the latest and ask for next month's payment for legal. Wait, toga party?
BGL: Yep, but don't tell the judge, for I'll be donning a robe - with nothing underneath.
GGL: You always get the good clients!
BGL: Yep! It's not who you know, but who you...

collusion seems like alot of professional risk for the GGL(?creditors committee lawyer?). That thing we all know is untrue that she said during the hearings concerning the chips not depreciating was a tactic to kill the liquidbits deal......well that worked.

now what? where are the good ideas?

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Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
bitndx
on 29/08/2014, 15:16:04 UTC
I'm sorry for saying this but 95% of the posts here are just pointless debates or pseudo-intellectual masturbation which doesn't bring any coherent and valuable information to the subject of "receiving our money back".

+1  as the coin turns


how about an update or a new thread on the next steps?
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Topic
Board Hardware
Re: Troll free thread about the progress of HashFast's bankruptcy
by
bitndx
on 05/08/2014, 00:37:29 UTC
He is protected under CA labor Law.  Accrued time off in California must be paid out in cash value at time of employee separation. Even if the employee transfers to another state and remains with the employer.  Either he takes it now or the estate pays it later.  I believe even if he were to take a pay cut the accrued vacation must be paid at the rate he was at when it was earned.
I think the point was more that he is not just an employee of the company, he is one of two people on the board of directors and an owner.  If he really gave a shit about trying to retain value for creditors, he would have delayed his vacation.

certainly true
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Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 04/08/2014, 23:55:18 UTC
We are running CTs and they are stable.   They like it cold though (including through that side fan that cools the power supply).   We have had great support from timo and his crew.   Each new firmware seemed to help.    KNC and Spondoolies also run very steady in a racked environment.   
agree about the CTs liking the cold!  I haven't bought enough from CT to rank that level of support from Timo I guess Smiley...haven't needed much though aher.  I have not had a great sales experience with CT which is disappointing given Ravi's background in mature corporate environments.
Do they really expect someone to just hit the buy button for 525 chips or 50 boxes without even a conversation?   
If you are willing to pay their current prices for miners, you should have bought some of the ones we sold at a much better price.
We offereed 100 for sale and sold in pieces as small as 5.

well I didn't say I would pay that ala carte price nor am I interested in the 1.6 at the current website price. I am interested in the revised boards Smiley I would be happy to learn who "we" is and see if there are opportunities to do business. pm me.
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Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 04/08/2014, 15:14:54 UTC
We are running CTs and they are stable.   They like it cold though (including through that side fan that cools the power supply).   We have had great support from timo and his crew.   Each new firmware seemed to help.    KNC and Spondoolies also run very steady in a racked environment.   

agree about the CTs liking the cold!  I haven't bought enough from CT to rank that level of support from Timo I guess Smiley...haven't needed much though either.  I have not had a great sales experience with CT which is disappointing given Ravi's background in mature corporate environments.

Do they really expect someone to just hit the buy button for 525 chips or 50 boxes without even a conversation?   
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Topic
Board Hardware
Re: Troll free thread about the progress of HashFast's bankruptcy
by
bitndx
on 04/08/2014, 14:40:32 UTC
From the testimony, Simon's vacation was part of the contract that he negotiated up front so it was owed by the company. Good for him to have the foresight to negotiate it.

Don't be ridiculous.  His company is at a crucial stage of bankruptcy proceedings.  If he had a whit of interest in doing right for the creditors, he'd be physically available in the Bay Area to meet and help take the company's decisions.  Maybe he could go to Pacifica, but not the Algarve.  Better yet, he would be eager to do something to prove he was worth a damn at anything other than a narrow set of technicals,* which apparently he is not.  



* and spending money.

Simon doesn't come across to me as that nefarious. I thought he might po*p his pants during one of those audio interviews that you posted.

That first company that he and decastro started seems to have been simon's core idea as does HF.  What did Eduardo bring to the table other than an ability to fade into the woodwork when the going got tough. What is curious to me is that after the first company was bought, simon worked there for 7 years more and then to PARC etc. eduardo's bio is more sketchy(at least publicly) since the first company with the implication that he has been involved with multiple startups since( yet none were named). How many "fund and fail" startups has he been associated with because he seems to be pretty savvy at fading away.

I fault simon too....just this eduardo guy stinks to me....   
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Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 04/08/2014, 13:56:49 UTC
Someone seems to think that Icebreaker was supposed to be the person helping you get your Hashfast gear running.   That is kind of ironic isn't it?

That is the rub isn't it in this scam market?  Queues are not honored and a persistent perception that these companies are lapping up your ROI.

Do these companies really want you to succeed and be a competitor to their own mine that you helped fund the creation of? Where was the equipment for their private mine in the queue?
i know icebreaker was involved in repairing and getting running some hashfast systems.  and i have a whole bunch of hashfast systems that aren't running.  and since the company has disappeared and is not honouring rma's... it makes perfect sense that i discuss with him his ability to repair my non-functioning hashfast systems.

-- Jez
Hi Jez, I don't know IceB and don't have enough history here to judge, but agree that that it makes sense to get expert help as I am trying to optimize 30 HF boards myself.
On the flip side my CT boxes run fairly well by comparison. We met briefly at the conference in Austin and I saw recently you are now in an advisory role for CT, Congrats!

After coming into this industry from working over 20 yrs in technology infrastructure in the financial industry and dealing with technology vendors of all sizes, I know when I am being fed BS. I have interacted with most of the companies in this space at some level by now and read their actual words on these forums and I can say that this industry needs to improve ethics and trust across the board.

Sean
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Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 04/08/2014, 12:52:56 UTC
Someone seems to think that Icebreaker was supposed to be the person helping you get your Hashfast gear running.   That is kind of ironic isn't it?

That is the rub isn't it in this scam market?  Queues are not honored and a persistent perception that these companies are lapping up your ROI.

Do these companies really want you to succeed and be a competitor to their own mine that you helped fund the creation of? Where was the equipment for their private mine in the queue?



 
Post
Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
bitndx
on 31/07/2014, 20:14:46 UTC
$420 a month seems to be quite a lot though.

well that's a provider pricing it by the box. There are ways to reduce that cost