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Showing 14 of 14 results by zombie_steve_jobs
Before the raid, I sent some money from coinbase to BTC-e. They asked if the money was going to another exchange and which one. I did not lie and told them the money was going to BTC-e. This information is obviously now in the hands of the Feds or soon will be.
My question is this: How fucked am I for using an unlicensed exchange? I didn't even know it was illegal to US customers to use BTC-e. I have significant holdings of cryptocurrency that I will be cashing out at some point in the future. Is all of my money now guilty of a crime and therefore subject to civil asset forfeiture laws? I have no desire to launder the money or break any additional laws, I intend to pay my taxes at the end of the year. If I even have to pay a fine for using BTC-e I'd have no problem with that. But my real fear is that one day I wake up and my bank account is frozen and I am facing federal indictment for my ignorant mistake... What can I do to get right with the law and keep my hard earned fortune?
edit/follow-up question: Was it even illegal for me to use BTC-e? Or was it only illegal for BTC-e to serve me?
My question is this: How fucked am I for using an unlicensed exchange? I didn't even know it was illegal to US customers to use BTC-e. I have significant holdings of cryptocurrency that I will be cashing out at some point in the future. Is all of my money now guilty of a crime and therefore subject to civil asset forfeiture laws? I have no desire to launder the money or break any additional laws, I intend to pay my taxes at the end of the year. If I even have to pay a fine for using BTC-e I'd have no problem with that. But my real fear is that one day I wake up and my bank account is frozen and I am facing federal indictment for my ignorant mistake... What can I do to get right with the law and keep my hard earned fortune?
edit/follow-up question: Was it even illegal for me to use BTC-e? Or was it only illegal for BTC-e to serve me?
Re: Cryptsy Finally announced they are filing for Bankruptcy. Stolen Coins
Well, all I ever did was lose money on cryptsy anyway, so they might as well take the rest of it.
On a side note, the blog posts mentions that they were knowingly low on funds and practicing a kind of fractional reserve banking (ie ponzi scheme). These fuckers are most certainly going to jail.
On a side note, the blog posts mentions that they were knowingly low on funds and practicing a kind of fractional reserve banking (ie ponzi scheme). These fuckers are most certainly going to jail.
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
My bad I just made the graph go down today. I sold off everything and moved to dogecoin. I wasn't panic selling. I trust Gray, he has been very transparent and consistent. We have emailed back and forth almost 30 times now. I just saw a better opportunity in doge and didn't mind taking a small hit on coinfarm.
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
Gray emailed me back:
$32,000 left, not bad
Quote
Hello
Sure, I will post deatil within few days. For now, all of our miner running in 2 two different place. I will post picture all of the miner picture after all miner moved into same place, I signed contract with power company to get cheap power . For now I can post picture from cex.io to show our hash power.
And for invest, We current have about around 200,000 rmb, close to 32000 usd. I'm still waiting good ltc scrypt miner or asic miner to invest. Someone provide me a 75mhs , 5000 usd , scrypt miner, but it is preorder, miner will be shippiped befre 5/15. But the problem is he cant promise it can be on-time. I will wait more detail to make order.
I didnt see last mail .. about eligius one... eligus use system kinda like pps, reward are close to cex.io ..but their payment system not stable, sometime you have to wait their paying queue for 2 days... So I still use cex.io.
And old topic about p2pool.... we get better profit than cex.io, but ...... still not stable. sometime, we get 3 block within 2 days. and sometime no block be found within 5 days. But avg still good, it's about 110% more profit than cex.io.
Gray
Sure, I will post deatil within few days. For now, all of our miner running in 2 two different place. I will post picture all of the miner picture after all miner moved into same place, I signed contract with power company to get cheap power . For now I can post picture from cex.io to show our hash power.
And for invest, We current have about around 200,000 rmb, close to 32000 usd. I'm still waiting good ltc scrypt miner or asic miner to invest. Someone provide me a 75mhs , 5000 usd , scrypt miner, but it is preorder, miner will be shippiped befre 5/15. But the problem is he cant promise it can be on-time. I will wait more detail to make order.
I didnt see last mail .. about eligius one... eligus use system kinda like pps, reward are close to cex.io ..but their payment system not stable, sometime you have to wait their paying queue for 2 days... So I still use cex.io.
And old topic about p2pool.... we get better profit than cex.io, but ...... still not stable. sometime, we get 3 block within 2 days. and sometime no block be found within 5 days. But avg still good, it's about 110% more profit than cex.io.
Gray
$32,000 left, not bad
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
Yeah what do you mean zombie_steve_jobs ? Transparency compared to other Bitcoin security or legal business ?
Updating at least once a day and showing real pictures is already quite a good transparency in the Bitcoin world. I wish Cognitive Mining was doing that
Updating at least once a day and showing real pictures is already quite a good transparency in the Bitcoin world. I wish Cognitive Mining was doing that
Don't get me wrong. It's certainly one of the more professionally run equities on cryptostocks. The math adds up, its not too good to be true. I have found no evidence of any malfeasance, and trust me, I combed through the blockchain like a m********** after the hack. Everything gray said matched the activity I found.
here are two of gray's old btc addresses that I traced from an image he uploaded:
https://blockchain.info/address/1NLkCtbXKBnSUfw6nrW38kUeCkmccUB9wA
https://blockchain.info/address/1GYyXrS8foXEqdpSxwWyKz24wz3Eavjsdi
Really, I would be 100% satisfied if I knew exactly how much money he has left, and I want to see pictures of ALL the mining equipment. So we should all email him and ask for those things.
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
This stock is trading at about .6x annual earnings where as your average stock on the NASDAQ is trading at more than 30x earnings. I think that if gray applied for a business license, was more transparent, this stock would shoot up. Despite his daily announcements and consistency, people still feel that they cannot trust this investment. It's just too anarcho-capitalist and there is no accountability.
Yes the dividends are fantastic. But if gray doesn't make this operation more transparent and legit, this stock is never going to reach its full potential. I think we need to put the pressure on him to be more transparent.
Regarding the sell wall, my theory is that it is the individual who made the 15 btc investment just hours before the hack. But the wall is being eaten up more and more every day.
So I'm still bullish on this stock and I'm still buying, but I really want to see more transparency from gray.
Yes the dividends are fantastic. But if gray doesn't make this operation more transparent and legit, this stock is never going to reach its full potential. I think we need to put the pressure on him to be more transparent.
Regarding the sell wall, my theory is that it is the individual who made the 15 btc investment just hours before the hack. But the wall is being eaten up more and more every day.
So I'm still bullish on this stock and I'm still buying, but I really want to see more transparency from gray.
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
I've been talking with Gray today.
There may be something to do with GPU XPM mining.
Will update.
can you elaborate on this?
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
Why is this stock falling? Do people not want to triple the number of bitcoins they hold in the next year? Do you not trust gray? Why don't you email him then? He responds 100% of the time. Are people just panic selling their bitcoins? 
Re: Concerns regarding buying bitcoins offline(udercover cops) - What do you think?
Here is a simple solution for you, cops are supposed to say yes when you ask "are you a cop"?
Just ask everytime you meet a local trader.
Just ask everytime you meet a local trader.
What? no. Haven't you ever watched reality TV cop shows? They lie about being a cop all the time!
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
I actually think that selling more shares over time is a good idea. Theoretically, that new money should produce a higher hash rate relative to older money already spent on older equipment. AND if the stock price is high enough, a few more shares would go a long way in terms of maintaining a constant or growing dividend return (provided that the new shares are announced well in advance, explained thoroughly, and don't cause a panic). Thoughts?
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
say what the share price will be at that time, but given the amount of optimistic irrationality in this market, I would not be surprised to see it double.
I mean, getting 100% return on your investment within 2-3 months, that's gotta be worth something, especially when you consider that there aren't a lot of attractive investments in Bitcoin Land these days. I think that doubling is definitely underselling it.
Plus, Gray has been remarkably competent and transparent (so far). I have personally emailed him a dozen times now with questions and concerns and he always responds. There is considerable photo-documentation that he is actually doing what he says.
IMO this investment is poised to beat every crypto currency on the market right now in terms of returns
Re: DigitalCoinFarm - Get shares to build your own cloud scrypt asic miner today
Does anyone have any predictions about what the dividends might look like after we get the 10 new miners? how about after another 6 miners on top of that?
What is everyone's target price for this stock?
What is everyone's target price for this stock?