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Topic: Incoming Avalon News 8/9/2013 - page 63. (Read 186720 times)

legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
August 13, 2013, 02:38:46 PM
*lol* Difficulty jumped in 30 days 100% nearly (94%). The previous diff update jumped to 75%, that before 62% only. And now 94%... great.
hero member
Activity: 532
Merit: 500
August 13, 2013, 02:33:46 PM
Credit Cards, secured payments and what you as buyers should be looking for...

Common sense advice!

https://bitcointalksearch.org/topic/secured-payments-consumer-protection-and-buyer-recourse-272891

But the irony, the irony!   Roll Eyes

So we need to escape debt, fees, and the banking industry by purchasing BTC mining equipment on a high-interest credit card? 

No you use the card to make the payment. If you cover the card payment with cash within 56 days (in the UK) there's no interest at all.

That said I'd prefer to hold the cash, not touch it and pay whatever interest as a safety net, without worrying about when I would get my disputed funds back if it ever came to that.

The irony has not escaped me however. Wink
sr. member
Activity: 294
Merit: 250
August 13, 2013, 02:32:02 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.

70 millions is optimistic. Next difficulty (estimate): 88,110,415 (source: http://bitcoindifficulty.com/)

Estimates on next adjustment right after an adjustment are spurious at best.  Give it a week before the actual hashrate starts to present itself and then a more accurate estimate can be had.

right, that projection is based on 0.45% of the dataset.  Smiley   (http://allchains.info)

Current Hash Rate: 610.145 TH,
Estimated in two weeks: 1023.518 TH

Amazing.

Edit: must be a mistake, can't be added that much in two weeks.

But historically, there has always been dumps before a new diff. update, and spikes just during the diff update.
Who in the world can arrange that? and why? the numbers wont be offset for long..
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
August 13, 2013, 02:23:17 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.

70 millions is optimistic. Next difficulty (estimate): 88,110,415 (source: http://bitcoindifficulty.com/)

Estimates on next adjustment right after an adjustment are spurious at best.  Give it a week before the actual hashrate starts to present itself and then a more accurate estimate can be had.

right, that projection is based on 0.45% of the dataset.  Smiley   (http://allchains.info)

Current Hash Rate: 610.145 TH,
Estimated in two weeks: 1023.518 TH

Amazing.

Edit: must be a mistake, can't be added that much in two weeks.
hero member
Activity: 778
Merit: 563
August 13, 2013, 02:07:46 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.

70 millions is optimistic. Next difficulty (estimate): 88,110,415 (source: http://bitcoindifficulty.com/)

Estimates on next adjustment right after an adjustment are spurious at best.  Give it a week before the actual hashrate starts to present itself and then a more accurate estimate can be had.

right, that projection is based on 0.45% of the dataset.  Smiley   (http://allchains.info)

hero member
Activity: 742
Merit: 500
August 13, 2013, 02:02:40 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.

70 millions is optimistic. Next difficulty (estimate): 88,110,415 (source: http://bitcoindifficulty.com/)

Estimates on next adjustment right after an adjustment are spurious at best.  Give it a week before the actual hashrate starts to present itself and then a more accurate estimate can be had.
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
August 13, 2013, 01:52:56 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.

70 millions is optimistic. Next difficulty (estimate): 88,110,415 (source: http://bitcoindifficulty.com/)
legendary
Activity: 1912
Merit: 1020
August 13, 2013, 01:44:35 PM
Shit! Difficulty approach 50 millions, and my AvalonB3 in way at while. Time to delivery estimated 1-2 weeks, and very possible growth difficulty to 70 millions for this time.
So, where I can buy voodoo dolls "Yifu" for Bitcoins? Now I have all another components for revenge: nitric acid, gas burner, shredder.
hero member
Activity: 557
Merit: 500
August 13, 2013, 01:35:02 PM
Credit Cards, secured payments and what you as buyers should be looking for...

Common sense advice!

https://bitcointalksearch.org/topic/secured-payments-consumer-protection-and-buyer-recourse-272891

But the irony, the irony!   Roll Eyes

So we need to escape debt, fees, and the banking industry by purchasing BTC mining equipment on a high-interest credit card? 
member
Activity: 65
Merit: 10
August 13, 2013, 01:21:20 PM
im still waiting on 2 batch units
hero member
Activity: 924
Merit: 1000
August 13, 2013, 12:02:53 PM
Hi Yifu,


I still not recieved 5 Avalon Units from Avalon batch 2
paid 75 btc for each

i have no information about delivery, about track number or even a response from you !


I created a lot of tickets ( last one #1410)
and write a letter to your e-mail


Can you help with that ?
Can i hope for refund ?



Best regards
Alexey

8/13/2013
My Trade-Ins signed by Mr. Chen has not been added to my store account.  I have created tickets

Tickets #1454, #1453, #1452, #1451, #1450, #1424, #1409, #1408, #1351, #1235
  If you have 5 x batch #2 units still on order I feel really bad for you.
member
Activity: 82
Merit: 10
August 13, 2013, 11:44:26 AM
Hi Yifu,


I still not recieved 5 Avalon Units from Avalon batch 2
paid 75 btc for each

i have no information about delivery, about track number or even a response from you !


I created a lot of tickets ( last one #1410)
and write a letter to your e-mail


Can you help with that ?
Can i hope for refund ?



Best regards
Alexey
hero member
Activity: 532
Merit: 500
August 13, 2013, 10:29:32 AM
Another Tidbit: nothing to do with yifu or avalon

http://online.wsj.com/article/AP74746148a3f345cfbf5b81767f6022bd.html?KEYWORDS=bitcoin

are the walls closing in?

This has everything to do with Yifu and Avalon.

The guy who wrote the article is the same guy that was burnt in last weeks article by their unscrupulous PR exercise. He sounds pretty pissed off about Bitcoin scams and would probably love to know the truth behind why he became part of one and was slipped false info...

A journalist should check his stories, not spread gossip.


Indeed. None the less a more interesting story, is what exactly has happened??
legendary
Activity: 1246
Merit: 1002
August 13, 2013, 10:28:17 AM
Another Tidbit: nothing to do with yifu or avalon

http://online.wsj.com/article/AP74746148a3f345cfbf5b81767f6022bd.html?KEYWORDS=bitcoin

are the walls closing in?

This has everything to do with Yifu and Avalon.

The guy who wrote the article is the same guy that was burnt in last weeks article by their unscrupulous PR exercise. He sounds pretty pissed off about Bitcoin scams and would probably love to know the truth behind why he became part of one and was slipped false info...

A journalist should check his stories, not spread gossip.
legendary
Activity: 2198
Merit: 1000
August 13, 2013, 10:26:09 AM
Yifu is online on Skype at the moment.
Lets hope he is working on our ship dates!!
hero member
Activity: 624
Merit: 502
August 13, 2013, 10:22:34 AM
Yifu is online on Skype at the moment.
sr. member
Activity: 294
Merit: 250
August 13, 2013, 09:53:16 AM
anyone naive enough to associate their real name with any significant bitcoin operation will be unpleasantly surprised.  Bitcoin is completely incompatible with modern western banking and legal systems.  

I would say

 Bitcoin is completely incompatible with banking and legal systems.  

instead

So what you are saying, you can create a company, and if you charge by using bitcoins, no legal system can touch you?
Are you then also incorporating your company in bitcoinland?
If you have a corporation, it will be legislated by local goverment jurisdiction. No matter what monetary transactions you use to charge your clients.
Then yes, bitcoins has some control issues (kyc, and anonymous illegal transactions) and this is what governments are adressing.
The wallets, are slowly abiding by banking regulations, requiring kyc from you (passport and proof of address), this would then make it more legit in terms of regulations.
Corporations does not become lawless on the mere fact of being a bitcoin business..

What wallet requires your address or passport?

Bitstamp and Mtgox. Especially for sepa transfers..
hero member
Activity: 532
Merit: 500
August 13, 2013, 09:37:25 AM
Credit Cards, secured payments and what you as buyers should be looking for...

Common sense advice!

https://bitcointalksearch.org/topic/secured-payments-consumer-protection-and-buyer-recourse-272891
sr. member
Activity: 378
Merit: 250
August 13, 2013, 08:59:36 AM
anyone naive enough to associate their real name with any significant bitcoin operation will be unpleasantly surprised.  Bitcoin is completely incompatible with modern western banking and legal systems.  

I would say

 Bitcoin is completely incompatible with banking and legal systems.  

instead

So what you are saying, you can create a company, and if you charge by using bitcoins, no legal system can touch you?
Are you then also incorporating your company in bitcoinland?
If you have a corporation, it will be legislated by local goverment jurisdiction. No matter what monetary transactions you use to charge your clients.
Then yes, bitcoins has some control issues (kyc, and anonymous illegal transactions) and this is what governments are adressing.
The wallets, are slowly abiding by banking regulations, requiring kyc from you (passport and proof of address), this would then make it more legit in terms of regulations.
Corporations does not become lawless on the mere fact of being a bitcoin business..

What wallet requires your address or passport?
sr. member
Activity: 294
Merit: 250
August 13, 2013, 06:30:54 AM
anyone naive enough to associate their real name with any significant bitcoin operation will be unpleasantly surprised.  Bitcoin is completely incompatible with modern western banking and legal systems.  

I would say

 Bitcoin is completely incompatible with banking and legal systems.  

instead

So what you are saying, you can create a company, and if you charge by using bitcoins, no legal system can touch you?
Are you then also incorporating your company in bitcoinland?
If you have a corporation, it will be legislated by local goverment jurisdiction. No matter what monetary transactions you use to charge your clients.
Then yes, bitcoins has some control issues (kyc, and anonymous illegal transactions) and this is what governments are adressing.
The wallets, are slowly abiding by banking regulations, requiring kyc from you (passport and proof of address), this would then make it more legit in terms of regulations.
Corporations does not become lawless on the mere fact of being a bitcoin business..
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