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Showing 20 of 20 results by war3rd
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Board Trading Discussion
Re: Selling BTC for USD?
by
war3rd
on 21/11/2013, 19:16:38 UTC
I don't mind paying the capgain taxes, but you are probably right about cash in hand versus a service that has trouble operating. I'm not so sure I want to meet some guy in a parking lot with a suitcase full of cash, though. Smiley I've got enough that a proper service would be a much safer option, unless, of course, I'm armed.

I'm in finance. I've seen tons of companies like this come and go. I've even provided the capital for some. Your assurances in no way reassure me.
Heh - I'm pretty sure he was being sarcastic.

Your best bet is to not use a service, but find someone you can meet and exchange physical cash with. No SAR reports from bank or payment processor, no uncertainty once "payment is made," no other nonsense - just a simple exchange. I think there's been one incident in all of Bitcoin where one went sour because (allegedly) someone was beaten up by the other guy... in Ireland or something, I think, maybe a year ago.

Putting money on a US Bitcoin exchange (or any US-based, BTC-oriented entity which takes and can hold money) right now is like putting your dick in a meat grinder and praying someone will give you money instead of grinding it up.
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Topic
Board Trading Discussion
Re: Selling BTC for USD?
by
war3rd
on 20/11/2013, 20:56:59 UTC
I'm in finance. I've seen tons of companies like this come and go. I've even provided the capital for some. Your assurances in no way reassure me.
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Topic
Board Trading Discussion
Re: Selling BTC for USD?
by
war3rd
on 20/11/2013, 20:26:52 UTC
I'm kind of just worried about the company as a whole, and I'd hate to see a large amount of USD suddenly vanish and have them not to respond to my CS request. I've got 3 tickets open with them currently that haven't been followed up on in weeks.
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Board Trading Discussion
Topic OP
Selling BTC for USD?
by
war3rd
on 20/11/2013, 20:20:28 UTC
I'm going to start unwinding some of my position and was wondering what services US folks use to sell their Bitcoins and get the funds transferred to their bank account? I've generally used Coinbase to buy my Bitcoins, but lately they've been "mysteriously" cancelling my purchases (when the price has gone up post purchase) and I'm really beginning to not trust them. I'm not claiming it's purposeful (though I've been a customer since day 1 and they know by now I'm far from high risk and have level 2 validation), but their customer service, which was great at the beginning when it was just a few guys and not a lot of customers, now is 100% useless (no one ever responds), so I'm really worried about them even touching my Bitcoins or my money.

Are there other US services that people use to cash out? Thanks!
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Board Service Discussion
Topic OP
Buy sushi with Bitcoin?
by
war3rd
on 20/11/2013, 20:10:24 UTC
I'm trying to keep a comprehensive (as I can) list of sushi restaurants that accept Bitcoin as a form of payment. I'd be grateful to anyone who may know of a restaurant that is not on my list letting me know about it. Thanks!

http://www.sushifaq.com/basic-sushi-experience-information/sushi-restaurants-that-accept-bitcoin/
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Board Beginners & Help
Re: Nvidia Quadro K5000 useless for mining?
by
war3rd
on 08/06/2013, 16:43:25 UTC
nvidias rock!

They are good cards, just not good for BTC mining.
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Topic
Board Beginners & Help
Re: Nvidia Quadro K5000 useless for mining?
by
war3rd
on 08/06/2013, 16:27:17 UTC
Yep... I'm going to sell it for BTC or cash and then buy BTC. Thanks.
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Topic
Board Beginners & Help
Re: Nvidia Quadro K5000 useless for mining?
by
war3rd
on 08/06/2013, 16:10:37 UTC


Wow, yeah, that sucks for a $1,800 card. Definitely better selling it.

Do you know where I can sell a card like this for bitcoins? the "pay with bitcoin" market is pretty small still.
[/quote]

Sell it for fiat on eBay and buy BTC afterwards.
[/quote]

Yeah, I'm trying BitMit first, but then i'll use ebay if that doesn't work. Thanks.
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Topic
Board Beginners & Help
Re: Nvidia Quadro K5000 useless for mining?
by
war3rd
on 08/06/2013, 15:35:39 UTC
Quadro K5000 is very much like downclocked GTX680, so you can get about 100MH/s with it. Hardly worth the effort, you better sell it.

Wow, yeah, that sucks for a $1,800 card. Definitely better selling it.

Do you know where I can sell a card like this for bitcoins? the "pay with bitcoin" market is pretty small still.
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Board Beginners & Help
Topic OP
Nvidia Quadro K5000 useless for mining?
by
war3rd
on 08/06/2013, 14:31:14 UTC
This is a very high end card, but being Nvidia, I'm wondering if there is any way I can use it to efficiently mine bitcoins? with 1,536 CUDA cores it's obviously got a lot of horsepower (for an $1,800 card) but are there CUDA miners that will let me use this card efficiently?

It's brand new and unopened, so I'm wondering if it's better to sell the card for Bitcoins if I cant use to mine efficiently.
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Board Beginners & Help
Topic OP
ASICMINER shares?
by
war3rd
on 29/05/2013, 19:08:30 UTC
Is it still possible to acquire ASICMINER shares, or somehow participate in the dividend structure? I've been searching for more information about this but can't seem to find any concrete information.

Thanks!
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Topic
Board Beginners & Help
Re: devcoins, ixcoins, litecoins, etc
by
war3rd
on 06/05/2013, 00:40:41 UTC
It completely depends on your video card. CPU mining isn't very powerful. If you have a decent ATI card, you can mine bitcoins and litecoins at a slow rate, though litecoins will mine faster, and the others even faster than litecoins. If you are restricted to CPU mining, I'd stick to litecoins and use a scryptminer. Bitcoins take a *lot* of computing power to mine and require a high end ATI video card to mine, and even then you'll want to mine with a pool.

I mine Bitcoins with one card, and Litecoins with my other ATI video card. I also use some CPU mining for litecoins as well, but they are super slow, but while I can still get a tiny bit of litecoins with CPU mining, don't bother to try to mine bitcoins with your CPU.
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Topic
Board Beginners & Help
Re: devcoins, ixcoins, litecoins, etc
by
war3rd
on 05/05/2013, 23:03:48 UTC
If I had a large system I would mine all types of coins, but for now I mainly stick to BTC, LTC, and TRC. LTC and TRC I think I'm going to keep as I get them from mining, however I'm not so sure about BTC. I'm definitely not planning to keep the funds inside my pool especially after what recently happened in another pool when 30% of everyone's funds were taken.

So what's you rationale behind keeping the various coin types? I personally look to diversify, is that your opinion as well?
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Topic
Board Beginners & Help
Re: devcoins, ixcoins, litecoins, etc
by
war3rd
on 05/05/2013, 22:19:10 UTC
I regret not keep my bitcoins for 1 year.....

I guess to properly answer your question:

Would you rather make $5 today or say I don't need $5, lets gamble on the long run.

Well that's my question. How many people think as you do, versus how many think that it is better to diversify?
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Board Beginners & Help
Topic OP
devcoins, ixcoins, litecoins, etc
by
war3rd
on 05/05/2013, 22:10:26 UTC
Recently I've been mining bitcoins as well as litecoins, namecoins, ixcoins & devcoins. I've traded some of the other types of coins for bitcoins, but was wondering if there is any consensus amongst the rest of the community if it makes sense to keep all these other coins in case they themselves become valuable someday. I've heard people say that as bitcoins become harder to mine, and more concentrated (and therefore less float) people may turn to litecoins as they are easier to mine and there will be more of them. This of course may or may not be true, we won't know for some time.

So... Do people trade their other coins for bitcoins or keep them just in case they increase in value?
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Topic
Board Beginners & Help
Re: Radeon 5770 only getting 10khs?
by
war3rd
on 05/05/2013, 15:12:06 UTC
Good point. Thanks, that's a good starting point and sounds like it could be right.
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Board Beginners & Help
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Radeon 5770 only getting 10khs?
by
war3rd
on 05/05/2013, 14:29:01 UTC
I did a complete reformat of my OS (win 7 home prem 64 bit) installed catalyst drivers, and cgminer crashes if I do anything but ultra default settings, and at default settings, I get only around 10Khs. I should be getting about 150-200 from what i've been reading. Any advice for troubleshooting. I have nothing except the OS, and antivirus (microsoft sec essentials) and since I just got the card from someone I have no benchmark to say it ran fine before. I *do* know the card is new, taken out of a new computer to put in a more powerful card and he gave me the 5770, so while it *could* be defective, it's the last thing I'm assuming.
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Topic
Board Beginners & Help
Re: Spare of bitcoins?
by
war3rd
on 10/04/2013, 23:31:02 UTC
I'm not trying to be a jerk, but basically you are simply in a forum asking people to give you money. You would be better off writing content for cash, or doing some simple online tasks for income rather than expecting people here to just hand money to a stranger. I would love free bitcoins too, but I don't see it happen too often.
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Board Beginners & Help
Topic OP
Best online multi wallet?
by
war3rd
on 10/04/2013, 23:29:00 UTC
Since I'm stuck in the newbie section until I make more posts, I figured I may as well post this here. Is there a general consensus on the best online wallet that will hold bitcoins AND litecoins, namecoins, etc? I store my Bitcoins on Blockchain.info and my Litecoins, namecoins, srt, on Vircurex.com. But I'm not 100% comfortable with Vircurex, and it doesn't have nice apps, etc like Blockchain, for example.

So... What to other collectors of different kinds of V-currencies use?
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Seriously late to the game which not seems like a repeat or actual currency
by
war3rd
on 06/04/2013, 16:08:11 UTC
Man, I started mining only a week ago (or two) and feel seriously late to the game. I don't have money or anything to buy bitcoins, so I'm just mining what I can on my existing rigs, but they suck. I'm guessing once ASICs come out, I'm pretty much screwed and the measly 0.02 BTC I mine every day will turn into 0.0000002. Too bad the mining is rigged in a way that folks can do this, a better method would have been to limit the computing ability to give everyone an equal opportunity to the Bitcoins wouldn't end up in the hands of a select few... IMHO of course...