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Showing 14 of 14 results by fairgo
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Board Goods
Re: Amazon/Barnes and noble/gunnars/walmart code balance 15 percent off
by
fairgo
on 11/09/2012, 03:48:30 UTC
Hi,

I am interested to buy, pls check ur pm.

Thnx,
Fairgo
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Topic
Board Goods
Re: Buying The Walking Dead on Steam
by
fairgo
on 28/08/2012, 18:41:25 UTC


$12 (20% off)


since you are trusted (and I am a newbie), I will send first you pay later.
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Topic
Board Beginners & Help
Re: Butterfly labs are legit.
by
fairgo
on 28/08/2012, 18:22:55 UTC


would BFL start mining for "future returns"?....which is very uncertain and risky as bitcoins rates fluctuate all the time...
going as high as $30 at a time to the lows of $5.....

rather then selling each machine for probably 2-3 months worth of mining each....in advance! (and when everyone has them perhaps longer than that)

Infact the more machines they make and run....the less and less they make per machine....to the point where an upgrade would be necessary..or to lower the number of machines.....and if the question is about integrity (i.e. them using advance payments to run it themselves before passing it on...well that would kill their business instantly...as the difficulty levels will increase very quickly and no one will buy their shit.

this analogy applies to websites on flippa.....people sell their genuine adsense earning websites...for 5 times ...10 times the monthly income.

why don't they keep it?.....because of "uncertainty" of the future...

can ANYONE guarantee the Exact number of bitcoins u will make after getting these asic machines? NO....hence the risk!

butterfly labs wants to pass this risk on to us....and it is happier with perhaps a lower but safer investment...its machines!

its all about risk to reward ratio...everyone is at a different level....and what may be "hey why isn't everyone doing this.."
would be  "why the hell would anyone do that" for others.

and if the "gold tool sellers" had enough man power...their "costs" would also increase... unlimited manpower would work against them....because "finding gold" is not guaranteed....it would simply increase their chances of finding it..or lets put it this way, it would increase the SPEED of finding the gold, just like bitcoin miners.

on the other hand...if they had unlimited "customers" for their gold tools...their profit is locked in....while all the gold miners are competing against each other...(like bitcoin miners are).....a simple matter of supply and demand....

but bitcoin miners are additionally making the system more stable and faster....unlike those gold miners....











Post
Topic
Board Beginners & Help
Re: I have created a New Bitcoin Faucet
by
fairgo
on 28/08/2012, 17:26:14 UTC

hey..free bitcoins welcome any time! Cheesy



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Topic
Board Beginners & Help
Re: Sell files and accept bitcoins
by
fairgo
on 28/08/2012, 10:47:37 UTC
Nice!

thanks for the contribution
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Topic
Board Beginners & Help
Re: another good newbie website
by
fairgo
on 28/08/2012, 06:46:46 UTC
Thanks!

and heres another:

http://www.weusecoins.com/

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Topic
Board Beginners & Help
Re: If I would be CEO of Intel ...
by
fairgo
on 27/08/2012, 15:51:14 UTC

OR lets just infect peoples computers making a large botnet for BTC mining...

ends justifies the means? LOL....just kiding dont do that

cant get much in jail with bitcoins Tongue (maybe in 2020?)

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Topic
Board Beginners & Help
Re: 2nd generation cryptocurrency: Trustcoin
by
fairgo
on 27/08/2012, 15:48:31 UTC


Humans make mistakes...
Humans get corrupted...
Humans get tempted....

Computers DONT!!!

trusting a finite creation of currency based on hash solving is much more "trustable" to me...then any "human input...

as soon as there is any human involvement I am gonna change my currency...

just earn lotta bitcoin and donate to the needy...seems more efficient  Tongue
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Topic
Board Beginners & Help
Topic OP
Anyone from or know about Iran?
by
fairgo
on 27/08/2012, 14:32:36 UTC
Is anyone from IRAN here?

if yes, I was yes curious to know the situation of bitcoin there.

seeing all the sanctions, bitcoins seems a good way for Iranians.....could be a good business for the "think out of the box" person

Post
Topic
Board Beginners & Help
Re: My Thoughts on the Pirate Business
by
fairgo
on 27/08/2012, 14:28:28 UTC


PUBLIC SHAMING....I vote for Public Shaming
Post
Topic
Board Beginners & Help
Re: anyone reckon the value of bitcoin will double in the next 12 months?
by
fairgo
on 27/08/2012, 14:14:59 UTC


My money on bitcoins doubling easily over the next 12 months.....

because there is a lot of active promotion of these over in USA...

so many seminars...so many more new exchangers etc...

and more demand = more price!

and infact simply by more people "holding on to their money in bitcoins" you will be increasing its value....rather then cashing out on first drop of price...

dont get scared...hold on to ur bitcoins...help the rates to go up... (i know i will)

better investment than buying real Gold!!!

Post
Topic
Board Beginners & Help
Re: Butterfly labs are legit.
by
fairgo
on 27/08/2012, 14:05:28 UTC


Butterfly labs are like the gold mining tools shops during the Gold rush in Australia long ago.

everyone thought "what could be more profitable than GOLD"....

and yes a lot of people found Gold....and got rich....but many many more DIDN'T find gold...or found so little that it was not worth their international trip at all.

However....the "tool" sellers...sold to EVERYONE....the winners and the loosers...they made "guaranteed" money.....no risk of whether they will find gold or not...

did they make less money then some of the people who found large amounts of gold? perhaps....
but did they make money then MOST of the gold finders? YES!!!

and this is exactly what is happening with butterfly labs....hell if I had a chance I would much rather be the owner of butterfly labs then have a big mining operation..they simply cannot loose.....especially with their "pre-sales"

their profits are not dependant on the latest difficulty level...
nor are they dependant on the latest exchange rates...
nor do they have to mine first and get paid later.....they are getting paid in advance! and they have certainty...they know exactly how much they are earning before selling or even producing the item...

A sale in hand is worth 2 bitcoins in the mine?
(for our "English as a second language" folks...that was a modification of "a bird in hand is worth 2 in the bush")

wishing you guys, all the success in the world! (regardless of with or without bitcoin)








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Topic
Board Beginners & Help
Re: Money Laundering
by
fairgo
on 27/08/2012, 11:48:45 UTC

also...sometimes clean money turns dirty when you deal with some people directly...

bitcoin allows your transaction to be hidden so you wont be connected to the person your paying (i.e. your clean money remains clean)
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Topic
Board Beginners & Help
Re: Introduce yourself :)
by
fairgo
on 27/08/2012, 11:45:19 UTC

G'day everyone!

took a while to understand the BTC concept..but now completely in love with it.

I am formerly a importer/trader of both physical and digital goods...and I hope to bring some nice giftcards to the community at competitive prices.

also aspiring to do some mining and learning more from this great forum.

to everyones success!