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 Bitcoin Thread v1, and other cryptocurrencies

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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.
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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
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eh dun talk kok la..this didnt cost usd5k 3 months ago.. wtf bullsh1t you talking about? rclxub.gif

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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
ar188
post Dec 21 2013, 01:44 PM

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QUOTE(terradrive @ Dec 21 2013, 08:50 AM)
I've already traded some dogecoins into bitcoins when dogecoin hit all time high. Now I'm going to buy a new master race computer to dig dogecoins woof woof.

Wiiiiiii crysis 3 and bf4, graphics will be so amazing. Sorry ps4 have to skip you now. lol
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bos you want bf4 ? i got the download code voucher.. can xchange btc or ltc if you wan.. biggrin.gif
ar188
post Dec 21 2013, 01:44 PM

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QUOTE(David900924 @ Dec 21 2013, 10:39 AM)
Dogecoin will shoot up very fast if more people start to buy for fun and hold it for couple of months like how BTC. dont underestimate the power of internet users. More demand..much rate for dogecoin! now is cheap. got my 50k doge from coinedup trade. smile.gif
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how much you paid for 50k doge?
ar188
post Jan 12 2014, 03:42 PM

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QUOTE(cloudstrife07 @ Jan 12 2014, 01:45 PM)
Wow butterflylabs. I love their tagline "Shipping in 2 weeks time".
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the famous Josh Zerlan.. biggrin.gif biggrin.gif
ar188
post Jan 12 2014, 03:43 PM

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QUOTE(ShinG3e @ Jan 9 2014, 07:43 PM)


kindly quote me the price by PM  brows.gif
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0.00128054 BTC
wah then this amount will grow very fast.. biggrin.gif
ar188
post Jan 14 2014, 12:09 AM

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QUOTE(cloudstrife07 @ Jan 13 2014, 11:57 PM)
Hah. Seems like the profitable golden age of mining altcoins is going to end soon.
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i tot it was never that profitable before november when ltc was below 8usd? biggrin.gif
ar188
post Jan 14 2014, 12:20 AM

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QUOTE(arbitrage001 @ Jan 14 2014, 12:12 AM)
Not true at all.

The difficulty was low back then and the return of investment is still well over 100% annualized.

The huge price jump in Nov make people who have the infrastructure get back their investment in less than 1 months if there have been mining before Oct.
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100% is dem slow la. you know in nov and dec, can ROI in like 1mth for the GPU right?
ar188
post Jan 14 2014, 12:28 AM

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QUOTE(arbitrage001 @ Jan 14 2014, 12:25 AM)
People who just started in Nov and Dec run into GPU shortage issue. And litecoin price only stay above $40 usd for less than a week.

So, people who started just started in Nov probably didn't have the chance to cash out or even have the miner bring online to run long enough to recoup the capital cost.
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talking nonsense.. until 1st week of december still can got alot of stocks, and buy 10-20 pieces of 280x in lowyat.. got people order 30-50units also.
ar188
post Jan 14 2014, 12:43 AM

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QUOTE(arbitrage001 @ Jan 14 2014, 12:38 AM)
You can get supply in Malaysia largely due to luck and some unknown issues.

Most retail stores and internet retail stores in US run out of supply. R9 290 was selling for $600-700 USD on ebay beginning of December. Even riser cable price went up many folds.

I started the mining operation around that time, was debating if I should buy the card here and sell abroad for instant profit or do mining for longer term profit.

Guess I should sell rather than mine when the price is good. But no one can predict the price in the future or the network difficulty.
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those are just excuses.. until end of december xmas time, got 2 lowyat sellers got 2-3pcs stock and even one lelong seller based on KL.. how i know cos I bought two 280x Asus DCU II . heck last week got tens of 280x powercolor came in KL..
ar188
post Jan 14 2014, 12:45 AM

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QUOTE(arbitrage001 @ Jan 14 2014, 12:38 AM)
But no one can predict the price in the future or the network difficulty.
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as for this part.. agree ... no one knows, after the GPU roi-ed, as long as got 10-15% annually after less electricity also considered better than bank lor.. biggrin.gif
ar188
post Jan 14 2014, 02:58 AM

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QUOTE(wen9x88 @ Jan 14 2014, 02:54 AM)
Use gpu profit not good,due to the price gpu.
1 gpu cost around 1k,and each month can,earn rm500 the max.

but that price is not include other hardware like psu motherboard processor.

better get asic miner,find some friend then buy one unit...of course in Malaysia is not easy and not easy find.
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u do know the 280x can be sold for 1-1.1k now even after using for 1month right? head on to garage sale.. most of the 280x already sold quickly. even 7950s.. no more used ones.
ar188
post Jan 20 2014, 07:46 PM

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QUOTE(arbitrage001 @ Jan 14 2014, 11:03 PM)
Lots of scam. There is a group of people that do nothing but trying to scam new seller every day.
I am offering to buy/sell btc for 8% fee. The fee should be lower than wiring it back and deal with currency conversation rate if your amount is small.
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good to know got this service. 8% fee based on which xchange?

and how to xchange? meet up?
ar188
post Jan 20 2014, 11:32 PM

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QUOTE(arbitrage001 @ Jan 20 2014, 11:00 PM)
Bitstamp price.

Either meet up (outside Maybank or HSBC) or deal over email.

If trust is an issue for you, then meet up. If trust isn't an issue, then you send first.
https://localbitcoins.com/accounts/profile/arbitrage001/
https://bitcointalk.org/index.php?action=profile
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okie.. kiv for future reference.
ar188
post Jan 21 2014, 05:47 PM

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QUOTE(cloudstrife07 @ Jan 21 2014, 05:42 PM)
if u need risers, can click my signature biggrin.gif
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maybe jslim would be interested? laugh.gif
ar188
post Jan 21 2014, 05:51 PM

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QUOTE(Unseen83 @ Jan 21 2014, 05:48 PM)
lol...
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jslim got offer to buy your card ar? laugh.gif
ar188
post Jan 22 2014, 10:00 AM

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wah doge harga manyak untung last 1-2 days.. biggrin.gif
ar188
post Jan 22 2014, 10:12 AM

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QUOTE(terradrive @ Jan 22 2014, 10:10 AM)
I manyak happi hahahaha
been mining since the coin was introduced /gg
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biggrin.gif doge fan detected.. much win!

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