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Showing 20 of 168 results by tom.hashemi
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Still 80000 to sell until we are allowed to trade... *sigh*
well someone just bought 16k... perhaps not so long to wait after all
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Actually, the trolls are the reason I still have faith in this company. They put so much time and effort into trolling ActM, there just has to be a big potential for the company.
Btw, crumbs using the pronoun "we" is misleading as he's neither a shareholder nor a customer.
Btw, crumbs using the pronoun "we" is misleading as he's neither a shareholder nor a customer.
+1
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Well they were created by the people on this forum, so I guess you're saying the people on this forum are retarded?
Based on this thread...
Accept Credit Card payments for bitcoins.
The buyer would get their bitcoins at the price at the time of purchase, but they could not spend them until 6 months have passed (the time needed to avoid chargebacks).
The buyer would get their bitcoins at the price at the time of purchase, but they could not spend them until 6 months have passed (the time needed to avoid chargebacks).
Why would anyone use a credit card today to receive bitcoins in 6 months time?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
http://www.extremetech.com/uncategorized/173772-bitcoin-asic-manufacturer-hashfast-facing-lawsuits-over-alleged-false-advertising-fluctuating-bitcoin-prices
Ouch. Good example of how not to release mining solutions..
Ouch. Good example of how not to release mining solutions..
Quote
For now, we recommend all users stay away from new ASIC projects promising enormous performance advantages with unknown ship dates. Any slippage will erode the value of the project enormously, while the deflation of the currency may make it impossible to ever earn ones money back compared to the value of those same BTC had they not been spent.
Sigh... let's hope for a good update, eh?
Yeah, I wasn't overly encouraged by that article at all, not that it was a new angle
Re: Do you really think governments will allow a 500 billion dollar crypto-economy?
Its a distributed system. Bitcoin runs on TCP/IP and there will be always smart ways to prevent blocks. Do you think the government will shutdown the internet? US government is trying. Read about the new CISPA bill.
Don't be obtuse. The US government is not trying to shut down the Internet. Regulation is not the same as shutting down.
Re: Looking for victims of potential fraud at Plus500 UK Limited
FYI Plus500 advertises heavily in Australia. Don't know if Australians affected. Class action suits are widely used in Australia and it is possible to get litigation funding for high value suits that have a good chance of success.
Plus500 will be regulated by the Financial Conduct Authority (FCA) here in the UK. They would be the logical first point of call to find out whether there has been any illegalities.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Hi Ken,
Could we possibly get an update on the crypto-trade situation?
Thanks
Could we possibly get an update on the crypto-trade situation?
Thanks
It's fucking christmas, leave the guy alone.
Casual anti-Semitism?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Weekly Update 12/25/13
Merry Christmas and Happy New Year.
Here is a picture of our manufacturing line for assembling miners.
Assembly Line
We are working on assembling everything, so when our boards and chips arrive, we can ship the miners fast.
Merry Christmas and Happy New Year.
Here is a picture of our manufacturing line for assembling miners.
Assembly Line
We are working on assembling everything, so when our boards and chips arrive, we can ship the miners fast.
Perfect, thank you.
Happy Christmas!
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Ken was here today but left no update! I am really getting tired of his ignorance towards people who trusted him.. saying that I still have a little faith left and believe he will eventually come up with what is expected of him.
It is Christmas Day... I mean if ever there were an excuse not to work on a day, today may well be it...
good article.
"While the subject of Bitcoin did not, to my knowledge, reveal itself at Edelmans Crystal Ball event, its something worth keeping an eye on over 2014."
and thats the point that you understand and your workmates miss. most people dont realize revolutionary inventions like bitcoin or 3d printing
!
"While the subject of Bitcoin did not, to my knowledge, reveal itself at Edelmans Crystal Ball event, its something worth keeping an eye on over 2014."
and thats the point that you understand and your workmates miss. most people dont realize revolutionary inventions like bitcoin or 3d printing
!Thank you.
And indeed - but slowly but surely I'm sure they'll come round to the concept
Worth bearing in mind that some of us live, breath and sleep bitcoin, while the majority of people out there have never heard of it. And if they have, they have absolutely no idea what it is!
Nice blog.
Every day we write the book.
Every day we write the book.
Thanks
Maybe micropayments are the future of reporting.
But the future might also be an open collaboration and cross-checking of multiple independent sources. A WikiNews. Complete with cell phone pics and video, etc.
Decentralized.
Author credibility ratings and up/down votes.
Bitcoin tip jars.
But the future might also be an open collaboration and cross-checking of multiple independent sources. A WikiNews. Complete with cell phone pics and video, etc.
Decentralized.
Author credibility ratings and up/down votes.
Bitcoin tip jars.
100% possible
Though I do think that there will always be a place for those that have full-time jobs in the press and I can't see that ever being paid for by tip jars. But who knows!
But as you said, a blog = one dude with no budget.
The symbol =! means "does not equal"
I said blog =! one dude with no budget
I even gave an example of a highly funded wealthy blog... which happens to be untrustworthy.
Further I gave a different example how one dude with a blog can become an entire operation (project veritas) when he actually does his job and provides trustworthy news
Quote
I want to know factual information about something.
So do, and so far the traditional media has been proven again and again to be the absolute worst source for it.None of them are there to make money, they are all owned, either by a political party or a private entity, and they are all out there to put out a message.
They are merely highly funded propaganda machines.
Apologies, I had not come across =! before.
The Huffington Post is a hybrid news source: it blends traditional media (i.e. newspaper-stye) with social (i.e. blogs). Why do you view the Huff Po as untrustworthy?
I've never heard of Project Veritas before so cannot comment on that. But yes, media organisations exist to make money (as every other business does, you're not saying something new there...) and no they are not all owned a political party or private entity. News Corp, for example, is a publicly-traded company and I cannot think of any media organisation that is "owned" by a political party (in the West that is). Very happy to be shown I'm wrong on that front (and Silvio Berlusconi doesn't count...).
And then the message.... I agree. But that is why you read from a multiplicity of sources so that you get the most rounded coverage possible.
Re: Bitcoin network cost is OK now, but may soon be hugely wasteful
He said imagine, not "is this possible?"
I believe tom is giving us a thought exercise, isn't this what the forums are for. Thinking up situations that could possibly happen, and what those consequences would be.
I for one think that the argument is a valid one. As the price rises, the more miners jump on board. The more miners, the difficulty increases. Difficulty increases, miners want a price increase to cover it. So on and so forth. It all started about a month after the reward halving, and then when ASICs hit the scene then the price skyrocketed.
It's not an instant effect, but it's there.
I assume when you said tom you meant the OP?
We can all dream up situations that could possibly happen and then concoct some kind of thought exercise, sure. But what's the point in dreaming up a totally implausible thought exercise? There is no worth to it.
What is far more useful is to imagine a scenario that could realistically happen and then explore around that point.
The reason this situation is implausible is because the time it would take to get to a $1million per btc price tag would allow for significant technological developments, making mining more efficient as well as energy infrastructure, energy generation etc.
There is simply no point in conjecturing around something which is so far into the future that you cannot even begin to comprehend how different even the most basic functions of life will be. If Bitcoin does have an effect comparable to the Internet, then the world we will be inhabiting in 15 years time (when the price per bitcoin will still not be anywhere near $1million) will be totally different, having gone through a new round of innovation and economic evolution. Then imagine how it will look if we do reach 1btc=$1million. I cannot even begin to comprehend what that world would look like, hence this debate is pointless.
Anyway, I realise I'm just being annoying now so I'll bow out and leave you to your conjecturing. Happy Christmas!
Tom
Re: Bitcoin network cost is OK now, but may soon be hugely wasteful
Imagine that the price of BTC reached $1,000,000 USD on January of 2016.
Yeah, but that just isn't going to happen...
Just use fees for christ sake! Don't be a tight-ass, it's part of the whole ethos man...
+1
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
It would be nice if Ken were to comment on this...
This is shaping up to be the most depressing christmas so far...
This is shaping up to be the most depressing christmas so far...
You have a tendency to make this thread rather depressing.
Anyway, update due tomorrow. Hopefully it will be a good one.
The mass media press is losing money because it is losing trust. More and more people realize how bad they are at doing their jobs.
They mishandle every story, take the wrong stance on every issue, and can't seem to get into their heads the idea of unbiased reporting of facts. The article even admits they have been unfairly bashing bitcoin
They also seem to be married to obsolete distribution models. Blogs are not necessarily less trustworthy than a printed piece of paper.
As for ad revenue, claiming that its worse for online ads then it was for newspaper ads is ridiculous. Its never been higher as google can attest.
They mishandle every story, take the wrong stance on every issue, and can't seem to get into their heads the idea of unbiased reporting of facts. The article even admits they have been unfairly bashing bitcoin
They also seem to be married to obsolete distribution models. Blogs are not necessarily less trustworthy than a printed piece of paper.
As for ad revenue, claiming that its worse for online ads then it was for newspaper ads is ridiculous. Its never been higher as google can attest.
I agree - the media industry has been losing trust for a while now, especially here in the UK. Too many scandals to count, they need to improve their behaviour.
But I do think that there is a role for the media to play in the world today, I don't think blogs can do everything. For example, who can report reliably from a war zone? There are many other examples we could talk about to show that you do need some kind of professional media.
The only reliable reports from a warzone I have ever seen were from bloggers.
Also, a blog =! one dude with no budget.
The huffigton post is not a reliable or trustworthy source, but it a massively funded operation.
I didn't say we don't need news, I said the established news outlets are untrustworthy. However you have the rising of new news media, project veritas for example is a good example. It started out as one guy doing real investigative reporting and it grows, and grows. Now he has a budget and entire teams of undercover agents doing actual honest investigative reporting. While your typical news megacorp trawls the internet for random blog posts and reprints them without verification as if they were fact.
I'm not saying that all news organisations are trustworthy - there are a few that instantly spring to mind that I wouldn't go near.
But as you said, a blog = one dude with no budget. Do you trust everyone you see on the street? Do you implicitly trust what someone is saying despite the fact that you have no idea who they are or what they want you to think?
If you do then fair enough, but that's not for me when I want to know factual information about something.