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 Bitcoin Thread v1, and other cryptocurrencies

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arbitrage001
post Dec 20 2013, 11:01 AM

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QUOTE(cloudstrife07 @ Dec 19 2013, 12:49 PM)
For miners, ROI in 1 year still consider very good.

No other business can give u ROI that fast lo.
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Problem with BTC mining is, if you can't get ROI in 3 months, you will never be able to get back the investment.


If anyone interested in buying litecoin miner or hosting or both, send a pm.





Thank you

ar188
post Dec 20 2013, 11:06 AM

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QUOTE(arbitrage001 @ Dec 20 2013, 11:01 AM)
Problem with BTC mining is, if you can't get ROI in 3 months, you will never be able to get back the investment.
If anyone interested in buying litecoin miner or hosting or both, send a pm.
Thank you
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you can always sell off the equipment after 3mths. heck even 333MHs USB miner selling for usd50-60..
SUSPVCpipe
post Dec 20 2013, 11:09 AM

custom made
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QUOTE(ar188 @ Dec 20 2013, 11:06 AM)
you can always sell off the equipment after 3mths. heck even 333MHs USB miner selling for usd50-60..
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got buyer o not?
ar188
post Dec 20 2013, 11:14 AM

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QUOTE(PVCpipe @ Dec 20 2013, 11:09 AM)
got buyer o not?
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in overseas like ebay got.. here dunno.
ar188
post Dec 20 2013, 11:14 AM

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QUOTE(ManyGer @ Dec 19 2013, 06:25 AM)
user posted image
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why show all red red, in 1-2days, all green liao.
thumbup.gif
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TScloudstrife07
post Dec 20 2013, 11:24 AM

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QUOTE(ar188 @ Dec 20 2013, 11:14 AM)
why show all red red, in 1-2days, all green liao.
thumbup.gif
user posted image
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MANY THANKS, MUCH DOGE. SO PROFIT notworthy.gif
DarkEmotion88
post Dec 20 2013, 11:53 AM

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yay dogecoin.
terradrive
post Dec 20 2013, 11:57 AM

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sigh, cryptsy is so slow in confirming my dogecoin deposit, ended up unable to sell my dogecoin at 200 satoshi each. Just sold it for 150 satoshi and now it's at 120 satoshi, it'll keep on dropping until value stabilizes with other alt coins...

But still happy lar, managed to earn something worth 70-80 ringgit worth of digital money out of 2 weeks mining with laptop cpu hahhah

This post has been edited by terradrive: Dec 20 2013, 12:01 PM
arbitrage001
post Dec 20 2013, 02:00 PM

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QUOTE(terradrive @ Dec 20 2013, 11:57 AM)

But still happy lar, managed to earn something worth 70-80 ringgit worth of digital money out of 2 weeks mining with laptop cpu hahhah
Who pay for electricity?



ShinG3e
post Dec 20 2013, 02:10 PM

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how to mine dogecoin? biggrin.gif
terradrive
post Dec 20 2013, 03:56 PM

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QUOTE(arbitrage001 @ Dec 20 2013, 02:00 PM)
Who pay for electricity?
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company house, free lodging and water/electric bills smile.gif

btw my laptop consumed around rm6 for that whole 2 weeks period
SUSWanie404
post Dec 20 2013, 04:04 PM

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QUOTE(cloudstrife07 @ Dec 19 2013, 11:34 AM)
For me im busy dealing with btc and ltc related projects. Others i dunno.

Either way, i welcome the fall. Atleast btc retains its true value, rather than being too speculative.
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lol at true value, no such thing as true value it is subjective, do u even Economics 101?
DarkEmotion88
post Dec 20 2013, 04:04 PM

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earned about $40 usd in lite coin today woo woo~
jinyip320
post Dec 20 2013, 04:08 PM

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QUOTE(keong24 @ Dec 19 2013, 10:53 AM)
y this thread no more active  hmm.gif

where are all the believers
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TScloudstrife07
post Dec 20 2013, 04:24 PM

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QUOTE(Wanie404 @ Dec 20 2013, 04:04 PM)
lol at true value, no such thing as true value it is subjective, do u even Economics 101?
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sorry i dont know economics. i only know how to make money.
David900924
post Dec 20 2013, 04:31 PM

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how to buy doge? buy for the fun of it.. who knows it will shoot up quite much and can trade to bitcoin and then trade bitcoin to MYR easily.
arbitrage001
post Dec 20 2013, 10:16 PM

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QUOTE(ar188 @ Dec 20 2013, 11:06 AM)
you can always sell off the equipment after 3mths. heck even 333MHs USB miner selling for usd50-60..
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A 333 M hash miner cost more than 5k USD 3 months ago. It is a specialize hardware design to do one thing and one thing only.

How many coin were mine in 3 months? Is it better off buying 5k worth of BTC 3 months ago vs buying a miner and mine for 3 months?

And after 3 months, that 5k USD miner go for 50-60 USD? Did the buyer able to recoup the cost and by how much when compare to owning coin directly?

How much risk was taken when the buyer order a miner? Since most buyers can only take pre-order with company of no record of delivering on time.




With that being say, I like to offer to sell 1.6M hash lite coin miners. Delivery will probably be after New Year. The miner still have at least 50% value after one year (graphic card still worth more than 50% after a year).

Do ROI calculation on litecoin mining and risk analysis and see which one is better. Send a pm if anyone is interested in buying and hosting the miner with me.


Thank you

This post has been edited by arbitrage001: Dec 20 2013, 10:18 PM
ar188
post Dec 20 2013, 10:20 PM

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QUOTE(arbitrage001 @ Dec 20 2013, 10:16 PM)
A 333 M hash miner cost more than 5k USD 3 months ago. It is a specialize hardware design to do one thing and one thing only.

How many coin were mine in 3 months? Is it better off buying 5k worth of BTC 3 months ago vs buying a miner and mine for 3 months?

And after 3 months, that 5k USD miner go for 50-60 USD? Did the buyer able to recoup the cost and by how much when compare to owning coin directly?

How much risk was taken when the buyer order a miner? Since most buyers can only take pre-order with company of no record of delivering on time.
With that being say, I like to offer to sell 1.6M hash lite coin miners. Delivery will probably be after New Year. The miner still have at least 50% value after one year (graphic card still worth more than 50% after a year).

Do ROI calculation on litecoin mining and risk analysis and see which one is better. Send a pm if anyone is interested in buying and hosting the miner with me.
Thank you
*
eh dun talk kok la..this didnt cost usd5k 3 months ago.. wtf bullsh1t you talking about? rclxub.gif

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arbitrage001
post Dec 20 2013, 10:25 PM

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QUOTE(ar188 @ Dec 20 2013, 10:20 PM)
eh dun talk kok la..this didnt cost usd5k 3 months ago.. wtf bullsh1t you talking about?  rclxub.gif

user posted image
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My bad. Messing up Giga HASH with Mega Hash since I have converted to litecoin mining.

That asic eruptor is pretty worthless the day it is sold as it will never ROI unless you mine peer coin.


I like to add that I did pre-order KNC Jupiter when bitcoin only worth less than 150 USD. That machine cost over 6k USD. When bitcoin went from 200 usd to 1200, Jupiter price only double while network difficulty went up 10 times.

This post has been edited by arbitrage001: Dec 20 2013, 10:27 PM
ar188
post Dec 20 2013, 10:28 PM

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QUOTE(arbitrage001 @ Dec 20 2013, 10:25 PM)
My bad. Messing up  Giga HASH with Mega Hash since I have converted to litecoin mining.

That asic eruptor is pretty worthless the day it is sold as it will never ROI unless you mine peer coin.
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ok sound fair.. if 333GHs i think will be quite costly..

for scrypt.. there are people running 30-50 graphics cards here (saw them sell the GPU in lowyat sale thread)..dunno how much they churning out.. sweat.gif

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