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Showing 20 of 31 results by burst1002
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Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 26/11/2014, 20:02:00 UTC
Please be careful in your financial decisions, no response from Chris for hacked account in 19+. hours yet he sells you new product 10% cheaper every week?HuhHuhHuhHuh

sorry for your loss buddy, but not sure if Chris will be helping you or not  Huh
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Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 26/11/2014, 19:16:30 UTC
Good thing LTC difficulty is dropping again, it might still be a good time to reinvest in extra shares for the shares multiplication that is coming up at the end of this year!  Smiley

where does it shows decreasing?!

i can see its only increasing.

https://bitcoinwisdom.com/litecoin/difficulty

Date   Difficulty   Change   Hash Rate
Nov 26 2014   52,647   5.68%   1,507 GH/s
Nov 22 2014   49,818   6.41%   1,426 GH/s
Nov 19 2014   46,816   4.49%   1,340 GH/s
Nov 16 2014   44,804   7.64%   1,283 GH/s
Nov 13 2014   41,623   0.29%   1,192 GH/s
Nov 09 2014   41,502   2.01%   1,188 GH/s
Nov 06 2014   40,682   7.74%   1,165 GH/s
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Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
burst1002
on 26/11/2014, 16:41:50 UTC
I was talking about crypto as a whole, it will either die a fad or go mainstream

and what part of me being able to buy a coffee in my local cafe - with Bitcoin - is not already mainstream?
BTC is already mainstream, it is merely the greed which people hide behind that insists on them wanting more.

Josh insists that his shitcoin is going to put cryptocurrency into the mainstream.
I say, he trying to sell a clone of something which already has such successes.

from what I gather, the Paycoin protocol is a simple ripoff of the Mastercoin protocol.
there is nothing new here.

However, I did not know that it BFL was under criminal charges, this is news to me, and the same, with MtGox. I had thought they were under civil indictments.
Perhaps sometimes, when you live in a land which confuses criminality with civil complaint, it's easy to make that mistake.
"I can't breathe"
It isn't mainstream, I wouldn't say in mainstream until at least we get into the paypal area of use. I understand your local coffee shop accepts it but Starbucks, dunkin dnuts , panera, lilly,  tully's, Tim Hortons, Caribou coffee, The coffee bean, and Costa Coffee don't. Do you see where I am going with this? Yes were past the unknown stage but nowhere near main stream use and it isn't for being greedy it so we can have a time in a couple years where i can pay my bills in bitcoin and shop in bitcoin directly. A dual fiat/crypto economy.

Fair enough, and forgive me if you felt i was insinuating that you were greedy in any way, this was not my intent. I do think that there is a long way to go before we see mass acceptance, but I'm not sure it will ever be in my lifetime. I am confident that it will happen, but there is - fortunately for those of us on the greyer side of the barber seat, something slightly encouraging that small retailers are happy to accept Bitcoin. It's enough for me, and it's a starting block to build on. Every day the technology behind Bitcoin in improving and there are easier ways to use it as a spendable currency. Understanding is another obstacle which needs to be overcome, and simply designing a clone, or piggy-backing on an already designed protocol to create a competitor to Bitcoin is in no way going to help cryptocurrencies in any way. Instead of trying to out-Bitcoin Bitcoin, GAW should have concentrated on building what is already available. The Mastercoin protocol is a great idea for things like loyalty coupons and company-specific rewards programs, but to try and start from scratch, something new which they think will outperform the 'old original' is very narrow minded, and will do more harm, than good.
Again, speaking personally, i'm quite content at where BTC is at the moment - the price is good - the availability of it is good - and my undetstanding of it (though not total) is also good enough for me. For that reason, i'm going to stick with what I have 1BTC = 1BTC but 1PAYCOIN = 1GAWPROFIT and not much else.
I totally agree but I think GAW isn't just doing this as a short term profit maker, I think there idea is if they can create a coin that is tied to their company (still open source) they can have all the third parties run though them making them the profit (such as the debit card instant exchange fee, the fees for buying and selling on Paybase, and other utilities). They didn't make the coin to profit off it directly but to be a sort of monopoly of fees on the uses, they could have done this with bitcoin but there are too many other companies that would make it hard for them to compete and they wouldn't be able to make the profits they could with Paycoin. This is why i don't see Gaw as scamming people (this is my personal view) they're spending too much building and developing the coin to reap long term benefits and work over ton of cash, they aren't going to screw it up for 1000btc even.

I tell people to diversify and that's what I am doing because keeping all your eggs in one basket is too risky.

yeah, i'm not usually so against entrepreneurial endeavours, it's good to see new businesses evolve in the crypto-world, however... the one word that gives me the heebie-jeebies in your comment is 'monopoly'. For that single reason, which is evidently the purpose of GAW, it's not something that I would consider, and for that reason alone, is why I will continue to actively persuade people not to put money into this. It flies in the face of everything that cryptocurrencies stand for.

you are 100% right buddy! if there is going to be a monopoly in crypto currencies then there is no point to adopt crypto currencies. just stick with our bank !!
Post
Topic
Board Mining (Altcoins)
Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm
by
burst1002
on 26/11/2014, 14:24:22 UTC
ROI for Dual Mods is not working correctly. It shows around 159 days of ROI for 1 Dual Mod. Please check.

Did you purchase qASICs at the same time, or just DualMod?

If just a DualMOD purchase:

How do you have it entered? You should have purch price, notes, price, shares in Dual MOD field only (qASIC blank), nothing selected for qASIC mining and VTC or DRK selected in MOD mining dropdown...

I just did this one and it seems fine:

http://i.imgur.com/YtoAOIs.png?1

sorry about that, my mistake. i have entered the shares in qASIC field instead of Dual Mod. It is working perfectly fine Smiley
Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 26/11/2014, 11:35:34 UTC
Dual Mod is more profitable and stable, there is no question about it. What i really worry about is after Algo change will it really mine Vert or only DRK.  Only Chris can answer... Huh
Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 26/11/2014, 04:32:15 UTC
Dual mods in stock..any value left in them with only a few weeks of VTC mining left (Also VTC price dropping)?

Bought 4 packs. Thanks Chris for the best investment ever Smiley

i bought 1 pack. i am not sure whether to buy more or not since vert is changing the algo. Any idea whether Chris will continue mining Vert after the Algo change or will mine only DRK ?
Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
burst1002
on 26/11/2014, 04:28:21 UTC
I could not fathom having something called GAW having access to my online billing and payments be it electrical cable internet or whatever. Why on earth would one introduce a third party security risk into your personal affairs and more so into your intimate private data. No chance in hell.

OK, so good point on the 3rd party, but who here doesn't do that with a bank right now?

I "bill pay" the following:

My cable
My Electric
My Gas
Credit Card payments (autopay)
My mortgage

Basically anything I can "autopay" via a transfer from my BANK to the party in question.

Now my "bank" works like clockwork....GAW?  Not so much.  So there is that.

+1

i dont see why should i go for this centralized coin.
Post
Topic
Board Service Discussion
Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
burst1002
on 25/11/2014, 18:18:51 UTC
when there is a blood bath for GAW, it affects the entire bitcoin community. Newbies will end up calling Bitcoin as scam  Angry what GAW is doing is not good for the industry.
Post
Topic
Board Mining (Altcoins)
Re: Paycoin by GAW
by
burst1002
on 25/11/2014, 18:16:05 UTC
All about GAW: https://bitcointalk.org/index.php?topic=857670.0;topicseen

I personally sold all my GAW holdings last week. Have around 200K HP that I cant wait to trade for PC to sell right away and never have to look at my zencloud again

I'm Feeling the same way about zencloud. my last 3 payouts on zenpool was in the negative because they never dropped the maintenance costs, so i'm stuck mining hashpoints now. Soon as that ICO and exchange hits I am outta there.

i am not sure what is gonna happen when it hits the exchange. i have already sold most of my miners.
Post
Topic
Board Mining (Altcoins)
Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm
by
burst1002
on 25/11/2014, 18:14:36 UTC
ROI for Dual Mods is not working correctly. It shows around 159 days of ROI for 1 Dual Mod. Please check.
Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 25/11/2014, 18:11:49 UTC
bought a Dual Mod today with the affiliate payout  Grin Grin
Post
Topic
Board Mining (Altcoins)
Re: Paycoin by GAW
by
burst1002
on 23/11/2014, 05:28:00 UTC
While searching the forums I found another Paycoin, little confusing on why they want to use the same name!

https://bitcointalk.org/index.php?topic=268941.0

Post
Topic
Board Mining (Altcoins)
Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm
by
burst1002
on 16/11/2014, 17:19:57 UTC
Putting the new design in place, there are lots of little things that need fixing (i.e. if you're a whale with tons of shares the financial stuff might be running into/off the edge of some of the tiles)..

But after today, if you find glitches/bugs or have tweaks outside of basic style things, please post or PM me. Thanks!

The new design looks great but the graph seems to be very small now right next to the earnings. It would be good if the graph is posted below the earnings.
Post
Topic
Board Digital goods
Re: Ltcgear Shares @ 0,00122
by
burst1002
on 16/11/2014, 10:42:00 UTC
I could be interested in this.... But could somebody please tell me how does this work? How many MH/s or KH/s is 1 share?

10 share = 1 Mhs

Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 15/11/2014, 22:20:53 UTC
Has anyone seen the MOD's in stock lately?

Tricoin package was available 2 days ago. i didn't buy since vert is changing the algo. not sure what will happen to the MODS after the change.
Post
Topic
Board Digital goods
Re: [WTB] LTCGear Shares
by
burst1002
on 15/11/2014, 22:18:41 UTC
bump
Post
Topic
Board Digital goods
Re: Ltcgear Shares @ 0,00122
by
burst1002
on 15/11/2014, 20:58:27 UTC
thanks for the fast trade!!

PM me whenever you have shares to sell  Grin
Post
Topic
Board Digital goods
Re: [WTB] LTCGear Shares
by
burst1002
on 15/11/2014, 18:04:18 UTC
Do you accept escrow?
Do you accept smaller amounts?

I think I'll trust a Hero member.
how many shares do you have ?!
Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
burst1002
on 15/11/2014, 16:58:52 UTC
Seems that BTC payment came in before LTC this week when it's usually the opposite

Chris said payments got stuck due to slow network, maybe it is of only LTC.

UPDATE 12:00 UTC – there are some payments stuck on same reason – slow network confirm (combined with a small ddos). They will be restarted manually asap.
Post
Topic
Board Digital goods
Topic OP
[WTB] LTCGear Shares
by
burst1002
on 15/11/2014, 16:54:34 UTC
Hello,

Like to buy around 10K shares. PM me your best price  Grin