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Showing 18 of 18 results by rudeguy
Re: Is miningunited.com a SCAM, turning .1 bitcoins into .137 for almost free?
this wouldn"t be the owner would it. If so this guy would be easy to identify. http://www.ebay.com/itm/BitCoin-Mining-1250Mh-s-Generate-0-0755-BitCoins-ONLY-0-05-BitCoins-/111054423420
That would be too easy wouldn't it?
http://www.ebay.com/itm/BitCoins-com-PREMIUM-DOMAIN-NAME-DOT-COM-1000-BitCoin-LiteCoin-Peer-Cash-/121095169454
In addition to his Ebay promotion of MU, he was auctioning Bitcoin related domains. They were all registered April 13th by the same person. Miningunited.com was registered 2 days later using Domain by Proxy. Connected? I don't know, but it's certainly not convincing.
I'm still waiting to see how this turns out. This is potentially the first BTC scam that I've fallen for, so these are exciting times. I had a return on a .05 investment with MU, but lost .25 to this latest event.
Sorry to those who may have lost more.
I agree. If the ball gets rolling downhill I think past history shows panic selling will set in and the price will fall, hard. If anyone is taking a beating and lost some $USD since the fall, check us out at MiningUnited.com and earn back some of that BitCoin value!
Nice plug- giving MiningUnited a try
The stonecutters
Who controls the DDOS crown?
Who keeps the price of bitcoins down?
We do, we do.
Who knocks Mt Gox off the maps?
Who keeps the botnets under wraps?
We do, we do!
Nice. Signed in just to tell you.
St. Barbara is Finally Getting rich Miner - BFGr Miner
St. Barbara is Farting Gold! Miner - BFG Miner
St. Barbara's Fruitful Gains Miner - BFG Miner
St. Barbara's Freedom Generation Miner - BFG Miner
St. Barbara is Farting Gold! Miner - BFG Miner
St. Barbara's Fruitful Gains Miner - BFG Miner
St. Barbara's Freedom Generation Miner - BFG Miner
I purchased 10 BTC from them and requested a transfer on friday. The transfer not only never happened, but my purchase no longer shows up in the recent transactions. There is no history that it ever took place, however the purchase was already drawn and cleared from my account.
The have not responded to any of my emails...
I will never use them again, and I hope they get this resolved promptly.
The have not responded to any of my emails...
I will never use them again, and I hope they get this resolved promptly.
That sucks. I'm in the same boat. I made two orders about 10 days ago when the price was good. Come this past weekend, only one went through and the other disappeared like yours did.
If you click "Buy/Sell Bitcoins" and then "Transfer History", do you see the purchase record? My missing transaction is there, so hopefully it is for you too. I've emailed them and expect they will come through. If not, then it's a lesson learned for me.
Re: Is energy/computer hardware the "gold standard" for Bitcoin? Critique my analogy
Well, this is an interesting concept.
I don't think the resources expended while mining BTC offer it any more value than it has. Instead, the value comes from the consumer confidence that BTC is worth something. Either through purchasing power, or potential gains from investments/trading. That is why the bitcoin is fragile in its current state, the system is still in its infancy and something could go wrong.
If the BTC was backed by energy and hardware resources, there would be a floor to BTC's value. From what I've learned, there is no such thing presently. BTC has the potential to be worthless, so spent resources offer nothing IMO.
I don't think the resources expended while mining BTC offer it any more value than it has. Instead, the value comes from the consumer confidence that BTC is worth something. Either through purchasing power, or potential gains from investments/trading. That is why the bitcoin is fragile in its current state, the system is still in its infancy and something could go wrong.
If the BTC was backed by energy and hardware resources, there would be a floor to BTC's value. From what I've learned, there is no such thing presently. BTC has the potential to be worthless, so spent resources offer nothing IMO.
I've had 3.5 BTC tied up for over 72 hours. I'm sure that's pocket change for a lot on this forum, but it's still annoying!
I was going to make a purchase when they were worth about $70 USD each, but CB said "Hell nah!"
I was going to make a purchase when they were worth about $70 USD each, but CB said "Hell nah!"
Smiley & Danny,
At the moment I don't have any BTC so I'm just using words for examples.
Say right now I'm in my Multi-bit Wallet and I have 1 BTC, and I haven't done the "export private key option" yet.
If I want to send my 1 BTC coin to another address...does it just "work"? Or does the program ask for a password/private key for the send to be complete?
Is the "export private key option" only if I want to access my coins at a friend's house on his Multi-bit software for example by using the "import private key" option?
At the moment I don't have any BTC so I'm just using words for examples.
Say right now I'm in my Multi-bit Wallet and I have 1 BTC, and I haven't done the "export private key option" yet.
If I want to send my 1 BTC coin to another address...does it just "work"? Or does the program ask for a password/private key for the send to be complete?
Is the "export private key option" only if I want to access my coins at a friend's house on his Multi-bit software for example by using the "import private key" option?
It will work when you send it. This is because your instance of Multi-bit is associated with your private key. It will take some time to arrive- at least 5-10 minutes.
The import/export is designed for backup and, yes, to use on another device/machine/environment as in your example.
OP, give it some more time. You're on your way by asking questions and getting answers.
Personally, it took me about month of weekends to feel confident enough to convert some USD to BTC. For new users, I think the wallet and security around it is one of the more intimidating sides of Bitcoin. Just check out the stickied threads in this forum for some peace of mind.
To think that I almost got into Bitcoin when they were $8 bucks each makes me want to slap my past self!
Lethos, you are dead on about it being easier than PayPal! With PP's increase in fraud protection (good), it's a pain in the ass to get a full featured account going (bad)!
Personally, it took me about month of weekends to feel confident enough to convert some USD to BTC. For new users, I think the wallet and security around it is one of the more intimidating sides of Bitcoin. Just check out the stickied threads in this forum for some peace of mind.
To think that I almost got into Bitcoin when they were $8 bucks each makes me want to slap my past self!
Lethos, you are dead on about it being easier than PayPal! With PP's increase in fraud protection (good), it's a pain in the ass to get a full featured account going (bad)!
btc has many things going for it
One thing holding it back, is the fact that you cant use credit card or paypal to buy it
- It is established, trusted and accepted on the internet
It is the easiest way to access black market activity anonymously, such as weapons, drugs, Botnets, adult content
IT makes it legal to gamble online in the us (and probly others) This is a big plus
It is deflationary, meant that it is designed to keep rising,
just as the USD once was backed by gold, btc is backed by electricity costs
One thing holding it back, is the fact that you cant use credit card or paypal to buy it
I'm interested in what you mean by BTC being backed by electricity costs? I understand that mining uses power, how does power (and its cost) back it?
There are ways to buy btc with a credit card.
Isn't the value of something always depending on offer and demand? Right now there is a lot more offer than demand which is a problem, and could lead to a crash. If everyone realizes that they have huge piles of coins and no way to transfer them to goods or other currencies, that could drive the price down. The way to ensure BTC's future is to see many more companies start accepting payment in BTC.
Right now there is a lot more demand than supply.Do you think this is because people are holding onto their BTC?
I picture those with large btc wallets holding onto them waiting for the time to sell, which is always tomorrow with BTC's value increasing. IMO, that is a likely reason supply is low.
I was thinking of buying some coins but am worried about the Avalon shipments causing a decrease in value since they make so much money. I dont really understand how mining works and how it affects the market. Is it a bad idea to buy now? Or a bad idea NOT to buy now because of the new mining tech?
I bought a good bit of coins last week @ $47 USD. Based on my cursory knowledge, I think it's not a bad time to buy- not a good time either. With less people buying BTC due to rising prices, it will eventually start to come back down in price with no demand.
However, from what I've read about the dedicated mining devices, it seems like the BTC network adjusts difficulty based on the current processing power. This is to prevent someone from "strong-arming" the network and controlling transaction records. Hopefully this will mean that even with the mining devices, the BTC value should at least remain stable.
I'd like to know more as well! That's just my view on things, I could be mistaken.