Author

Topic: Swedish ASIC miner company kncminer.com - page 622. (Read 3050073 times)

full member
Activity: 226
Merit: 100
February 24, 2014, 11:21:57 PM
Sigh... I just asked for a refund on my last of 3 Neptunes from the customer appreciation batch. I had order number 11093 too  Embarrassed
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
February 24, 2014, 10:46:09 PM
Not sure if this is real, but it looks like it: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft  - sorry, more OT, but it has a huge impact on everyone if true.
legendary
Activity: 3990
Merit: 4597
February 24, 2014, 10:39:09 PM
Bitstamp at 489
Bottom at ?
Another link:
http://blog.blockchain.info/2014/02/25/joint-statement/
This (MtGox) will pull down bitcoin for months if not years.
I wonder what will happen to mining farms?
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
February 24, 2014, 10:36:49 PM
Bitstamp price has hit $500

at this rate we'd be able to buy 20+ BTC for a Neptune refund

KNC better start production soon and think about giving us a definitive date of delivery.



That is the only sensible course of action at this time. Neptune will not mine back 20 in its lifetime

OT - but it looks like Gox just bit it: http://blog.coinbase.com/post/77766809700/joint-statement-regarding-the-insolvency-of-mtgox. Site is down and probably not coming back.
sr. member
Activity: 448
Merit: 250
February 24, 2014, 09:59:52 PM
Bitstamp price has hit $500

at this rate we'd be able to buy 20+ BTC for a Neptune refund

KNC better start production soon and think about giving us a definitive date of delivery.



That is the only sensible course of action at this time. Neptune will not mine back 20 in its lifetime
hero member
Activity: 574
Merit: 500
1.21 GIGA WATTS
February 24, 2014, 09:52:13 PM
Bitstamp price has hit $500

at this rate we'd be able to buy 20+ BTC for a Neptune refund

KNC better start production soon and think about giving us a definitive date of delivery.

soy
legendary
Activity: 1428
Merit: 1013
February 24, 2014, 09:27:50 PM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

just noticed they also have this URL: http://www.kncwallet.com/

I'd buy one instantly if they'd do me the favor of having MtGox transfer my btc into the new KnC wallet!
legendary
Activity: 1274
Merit: 1000
Personal text my ass....
February 24, 2014, 05:34:01 PM
I finaly received the activation code aobut 1 and 1/2 hours later.  Entered the code and it's working.  No $5.00 worth of bitcoin.  Guess I am not one of the first 1,000 user.

Seriously, why in the world would KNC want their own wallet program? How does it benefit them?


I could think of several venues:

1. the will make this 'wallet' a default for planB
2. they will get money from those who will send ads to people with bitcoin
3. they want to help snooping by those who think they are entitled to it (what do we know about this company anyway?)
4. they will charge you a little extra for bitcoin transfers
5. they want to become a bitcoin bank with possible P2P lending. afterall, Kinemaar background is in banking IT.

Why would anyone use online, internet wallets, smart phone wallets, or keeping their BTC's online is asking for trouble.  If you do, you are at their (exchanges') dictatorship.  Look at Mtgox, BTC-E or any online wallet/exchanges.    Can't withdrawal BTC or cash means your BTC is worthless.  I keep a majority (of my BTC's) on my QT and transfer a few (into exchanges) just before I sell; in and out.

I do the same. I'd never keep coin in an "online" type wallet or at an exchange. Just asking for trouble. Because of Mt.Gox there are probably a lot of "bitcoin rich" people out there that can't cash out. So in reality that coin is worthless right now. I can't even follow Mt.Gox. Threads pop up every minute and no one knows anything.
legendary
Activity: 3878
Merit: 1193
February 24, 2014, 01:06:18 PM
Tricky sentence, but I guess "The code is open source" refers to Andreas code, and not KnCwallet.
(no reference found on github for kncwallet)

There's nothing tricky about it. If they use any of Andreas' GPL sources, then their code is also GPL. KnCWallet by definition is open source and the sources must be released. Furthermore, the EULA they require is illegal for a GPL project.
hero member
Activity: 854
Merit: 500
February 24, 2014, 10:48:27 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

I use to tell my friends that keeping their bitcoins at MtGox was as safe as any other choice.  God does it look like I was wrong.

How can giving ownership of your private keys to someone else be 'as safe as any other choice'  Roll Eyes

Paper wallets created by a clean computer off the Internet is the only safe storage of coin.

Lord knows the way things are going someone will figure a way to muck that up too
legendary
Activity: 3234
Merit: 1221
February 24, 2014, 10:09:04 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

I use to tell my friends that keeping their bitcoins at MtGox was as safe as any other choice.  God does it look like I was wrong.

  Shocked

https://bitcointalksearch.org/topic/m.4921836

legendary
Activity: 1372
Merit: 1003
February 24, 2014, 10:06:04 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

I use to tell my friends that keeping their bitcoins at MtGox was as safe as any other choice.  God does it look like I was wrong.

How can giving ownership of your private keys to someone else be 'as safe as any other choice'  Roll Eyes
soy
legendary
Activity: 1428
Merit: 1013
February 24, 2014, 10:04:11 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

I use to tell my friends that keeping their bitcoins at MtGox was as safe as any other choice.  God does it look like I was wrong.
copper member
Activity: 2898
Merit: 1465
Clueless!
February 24, 2014, 09:23:27 AM
When they'll ship in your opinion? I have a 1° batch order 121xx.


better be around april 1st or i'm out...(i know its doubtful i should pull my $$$ now)

newbie
Activity: 42
Merit: 0
February 24, 2014, 06:52:02 AM
When they'll ship in your opinion? I have a 1° batch order 121xx.
legendary
Activity: 1372
Merit: 1003
February 24, 2014, 06:19:03 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

Wait, it's closed source and you can only download and install executable application?

Who in their right mind would install that, instead of open-sourced and battle tested blockchain.info Android wallet?
https://github.com/blockchain/My-Wallet-Android
https://blockchain.info/wallet

It looks like KnC has trying to establish it's identity, floating between hardware manufacturer, software vendor and service provider (Datacenter). You can't be all things at once, even Google sold it's hardware manufacturing business (Motorola) to others.

OT, but Google kept all the Motorola paintents in the sale deal and basically only sold the brand name.
newbie
Activity: 47
Merit: 0
February 24, 2014, 06:13:25 AM
link to KNC wallet. http://beta.kncwallet.com/

I think they are trying to compete with their friend Josh at BFL and their wallet idea.

I don't see a link to the sources. It is based on GPL sources, and thus must be made available.

It's based on Andreas Schildbach's android wallet:

from the faq: http://www.kncwallet.com/faq.htm
Quote
What is the KnC Wallet?
The KnC Wallet is based on the open souce Android Wallet from Andreas Schildbach and brings a new user experience and integration with the KnC Directory to make finding your Bitcoin contacts simple and easy.

Quote
Is it secure?
The core elements of the KnC Wallet are based on the Android Wallet that has been downloaded over 100K times. The code is open source and we believe that the application is secure.

Tricky sentence, but I guess "The code is open source" refers to Andreas code, and not KnCwallet.
(no reference found on github for kncwallet)

legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
February 24, 2014, 05:42:04 AM
what stategy must put better

LOAD BALANCE
OR

FAILOVER?HuhHuhHuhHuh?/


 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Personally I "fail over".
Just your preference I guess.
legendary
Activity: 2408
Merit: 1004
February 24, 2014, 04:44:53 AM
what stategy must put better

LOAD BALANCE
OR

FAILOVER?HuhHuhHuhHuh?/


 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 1859
Merit: 1001
February 24, 2014, 03:46:06 AM
Very clever! I "respect" them as businessman. That's how business works. The strongest dog fucks...

Not very clever. That's how wire fraud works.

If they took money to build a 20nm mining machine from Americans, and don't deliver because they spent it on something else, expect to be extradited by the FBI shortly! Hopefully they will have something by the end Q2 2014 or they buy a nice house in Russia/South America. Grin

This is the problem with scammers and their admirers, they think that deciving people is clever.

its not clever, its easy and its cuntish.

IE - only cunts do it



and fot those who asked -

 Feb 19 15:42

Hi,

10,253 USD had been sent from our bank account. You may need to talk to your bank and ask them to tell you the exchange rate they used.
Your bank may have also issued you a charge for converting USD to GBP. We cannot control the exchange rate that your bank uses.

Please let me know if you have any further questions.


i have contacted my bank and asked if they really charge so much for receiving/exchanging USD
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