[poll] BFL is scam? - page 3. | Bitcointalksearch.org

abeaulieu

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Activity: 295

Merit: 250

Quote from: Serith on October 07, 2012, 11:45:55 AM

Cost of mining doesn't affect bitcoin price at all, therefore it doesn't matter when or if BFL ASIC would come out.

Quote from: http://bitcoin.stackexchange.com/a/4733/108

Market Price of anything determined by supply and demand, bitcoin is not exception the only difference is that the supply side is constant, 50 BTC per ten minutes at the moment. Regardless of how much computer power used to generate bitcoins the rate of produced bitcoins will not change because Bitcoin network difficulty will adjust to make it harder or easier to find new bitcoins depending on total network computer power, bitcoin price change purely because of change of demand.

Since miners are primary users and the users are who determine the value a bitcoin, the cost of mining is certainly impacted by the price of mining until there is a larger user-base of bitcoin that does not participate in mining.

bitmar

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Activity: 182

Merit: 100

Quote from: naima53 on October 11, 2012, 12:24:31 PM

point 8 to 7 to 8 to 7 to 8 Grin

it may mean that point 9 will not be reached. or maybe it's not time yet. Fate gave BFL more time and a chance to finish their product Wink

Fate understand problems with the supply of parts, but it is not known whether fate is patient ...

naima53

hero member

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Merit: 502

point 8 to 7 to 8 to 7 to 8 Grin

Ukigo

jr. member

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Merit: 1000

Allmighty Manipulator is the evil spirit of Mavrodi,
living in the Astral Space.

bitmar

full member

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Merit: 100

Quote from: Ukigo on October 07, 2012, 02:34:17 PM

Allmighty Manipulator is the evil spirit of Mavrodi,
living in the Astral Space.

nooooo

http://en.wikipedia.org/wiki/Sergei_Mavrodi

bitmar

full member

Activity: 182

Merit: 100

Quote from: Come-from-Beyond on October 07, 2012, 02:16:01 PM

Quote from: bitmar on October 07, 2012, 01:29:14 PM

He is a prophet Wink

He predicted the collapse gblse Wink

I do not understand rest of the text

What will be next? BFL collapsed ? 1000$/BTC ?? I can believe that BFL will fall (it is easy to predict), but the 1000$ /BTC ... he mad Wink

I'll translate to spread the words of the Prophet!

Quote

My tin foil hat doesn't give me a moment of peace... Undecided

It would be very tempting to make a fortune on vain expectations of miners. Like that... (the nearest future)
1. The reward is cut from 50 to 25
2. ASICs have not shipped yet (seems they won't be shipped at all)
3. People realize that GPU mining has become, to put it mildly, not profitable (now, before ASICs are shipped), especially those who are not in Russia (they are majority), they pay for electricity Grin

4. Those who know about the conspiracy buy as much BTC as possible trying not to send the price up, but the price, of course, goes up slowly..
5. There are no ASICs yet (maybe the deadline will be postponed, it doesn't matter), this can last for a long time, reasonable time
6. A lot of miners due to hopeless situation buy up different bonds, joint investments into chip development, there should be a lot of such bonds/investments..
7. When ~~Mavrodi~~ the Manipulator decides "enough" - BANG ! GLBSE is "hacked", oh, oh, oh, that's bad, but not for him Grin

There is no the database (doesn't it remind something?), it's unknown how much everyone owes.. This leads to collapse of BTC (but HE knows that this is not the end, just a good opportunity to buy very cheap.. Roll Eyes

)
8. "Correction" caused by the news about GLBSE slowly transforms into growth..
9. Now the most interesting has begun..... (someone has to be the first, I suppose it will be the biggest). For instance BFL announces that manufacturing is sabotaged and ASICs won't be shipped! The others, of course, do the same after that (they didn't even intended to manufacture anything, they just share profit or have other causes to keep mouths closed)
10. HUUUUUUGE GROWTH of BTC price, probably up to 1000, I really believe in it.., and only the Manipulator decides when this growth will be stopped (which is PROFIT!)

yea, now this makes sense

we are witnessing the birth of a new GURU Wink

we are witnessing the events of point 8 now

but who is the manipulator? who has most money? BFL? Wink

Come-from-Beyond

legendary

Activity: 2142

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Newbie

Quote from: Come-from-Beyond on October 07, 2012, 02:16:01 PM

7. When ~~Mavrodi~~ the Manipulator decides "enough" - BANG ! GLBSE is "hacked", oh, oh, oh, that's bad, but not for him Grin

There is no the database (doesn't it remind something?), it's unknown how much everyone owes.. This leads to collapse of BTC (but HE knows that this is not the end, just a good opportunity to buy very cheap.. Roll Eyes

)

GLBSE is already shutdown, so relax, guys.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1009

Newbie

Quote from: bitmar on October 07, 2012, 01:29:14 PM

He is a prophet Wink

He predicted the collapse gblse Wink

I do not understand rest of the text

What will be next? BFL collapsed ? 1000$/BTC ?? I can believe that BFL will fall (it is easy to predict), but the 1000$ /BTC ... he mad Wink

I'll translate to spread the words of the Prophet!

Quote

My tin foil hat doesn't give me a moment of peace... Undecided

It would be very tempting to make a fortune on vain expectations of miners. Like that... (the nearest future)
1. The reward is cut from 50 to 25
2. ASICs have not shipped yet (seems they won't be shipped at all)
3. People realize that GPU mining has become, to put it mildly, not profitable (now, before ASICs are shipped), especially those who are not in Russia (they are majority), they pay for electricity Grin

4. Those who know about the conspiracy buy as much BTC as possible trying not to send the price up, but the price, of course, goes up slowly..
5. There are no ASICs yet (maybe the deadline will be postponed, it doesn't matter), this can last for a long time, reasonable time
6. A lot of miners due to hopeless situation buy up different bonds, joint investments into chip development, there should be a lot of such bonds/investments..
7. When ~~Mavrodi~~ the Manipulator decides "enough" - BANG ! GLBSE is "hacked", oh, oh, oh, that's bad, but not for him Grin

There is no the database (doesn't it remind something?), it's unknown how much everyone owes.. This leads to collapse of BTC (but HE knows that this is not the end, just a good opportunity to buy very cheap.. Roll Eyes

)
8. "Correction" caused by the news about GLBSE slowly transforms into growth..
9. Now the most interesting has begun..... (someone has to be the first, I suppose it will be the biggest). For instance BFL announces that manufacturing is sabotaged and ASICs won't be shipped! The others, of course, do the same after that (they didn't even intended to manufacture anything, they just share profit or have other causes to keep mouths closed)
10. HUUUUUUGE GROWTH of BTC price, probably up to 1000, I really believe in it.., and only the Manipulator decides when this growth will be stopped (which is PROFIT!)

bitmar

full member

Activity: 182

Merit: 100

Quote from: Ukigo on October 07, 2012, 02:08:15 PM

Yes, it was kind of forecast.
my smoothed translation of the 2nd half :
"... there will be price correction (due to GLBSE shutdown )
then slowly transforming into price increase up to
1000 USD per 1 BTC driven by Manipulator. Nobody knows
when He will stop his evil actions.
But you can profit from this prediction ...
BUY ! BUY ! BUY !"

if someone screaming BUY! BUY! BUY!, do not be a fool Wink

SELL! SELL! SELL!

Ukigo

jr. member

Activity: 42

Merit: 1000

Yes, it was kind of forecast.
my smoothed translation of the 2nd half :
"... there will be price correction (due to GLBSE shutdown )
then slowly transforming into price increase up to
1000 USD per 1 BTC driven by Manipulator. Nobody knows
when He will stop his evil actions.
But you can profit from this prediction ...
BUY ! BUY ! BUY !"

flynn

hero member

Activity: 728

Merit: 540

Quote from: bitmar on October 07, 2012, 01:29:14 PM

1000$ /BTC ... he mad Wink

maybe not => https://bitcointalksearch.org/topic/m.1253281 (self-promoting thread)

bitmar

full member

Activity: 182

Merit: 100

He is a prophet Wink

He predicted the collapse gblse Wink

I do not understand rest of the text

What will be next? BFL collapsed ? 1000$/BTC ?? I can believe that BFL will fall (it is easy to predict), but the 1000$ /BTC ... he mad Wink

Come-from-Beyond

legendary

Activity: 2142

Merit: 1009

Newbie

Quote from: DobZombie on October 07, 2012, 01:12:33 PM

GIIIIIIGANSKY GROWTH?

== HUUUUUUUUGE GROWTH

DobZombie

hero member

Activity: 896

Merit: 532

Former curator of The Bitcoin Museum

Quote from: naima53 on August 31, 2012, 11:39:30 AM

I am now all is haunted my foil hat ... It would be tempting to cash in on the miners waiting in vain. Something like this .. (Near future)
1 Award is cut from 50 to 25
2 Asik not out yet (besides everything goes)
3 People understand that Maina on Vidic was not favorable to say the least (already, before Asik), especially those who are not from Russia (most of them ), they pay for electric energy 4 those "who in the subject of" conspiracy - buying up the maximum amount of BTC , trying not to jack up the price, but the price is clear stump slowly but grows .. 5 Asik all there (maybe will take time, it does not matter) it can last a long time but a reasonable 6 Many miners from beziskhodnosti buy all sorts of bonds, collective investment in the development of chips, such was at times more .. 7 When

MavrodiManipulator decide "enough" - broads! "Hack" GLBSE Ah ah ah, if not good, but not him Databases not (Sound familiar?) as someone who has given - is unknown .. This leads to the collapse of BTC (but he knows that this is not the end, just a good opportunity to buy on the cheap .. )
8 "correction" caused by the news of glbse, is gradually transformed into growth ..
9 Then the fun begins ..... (Someone has to be first, I think it will be the largest) example BFL announces that production collapsed and Asik will not be! Him naturally to do the same (they were not going to produce them, or simply to share, or take advantage of the silence)
10 GIIIIIIGANTSKY GROWTH BTC can up to 1000, even in seriously considering it .. and where it will put an end to it - will be determined only Manipulator (actually a pro!)

GIIIIIIGANSKY GROWTH?

THANKSI VERSI MUCHSKI BUDSKI!

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

Serith

sr. member

Activity: 269

Merit: 250

Cost of mining doesn't affect bitcoin price at all, therefore it doesn't matter when or if BFL ASIC would come out.

Quote from: http://bitcoin.stackexchange.com/a/4733/108

Market Price of anything determined by supply and demand, bitcoin is not exception the only difference is that the supply side is constant, 50 BTC per ten minutes at the moment. Regardless of how much computer power used to generate bitcoins the rate of produced bitcoins will not change because Bitcoin network difficulty will adjust to make it harder or easier to find new bitcoins depending on total network computer power, bitcoin price change purely because of change of demand.

naima53

hero member

Activity: 616

Merit: 502

Topic: [poll] BFL is scam? - page 3. (Read 7736 times)