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Good for you scooping them up!!!
Such weak hands out there lol
The non believers man...the non believers...
Let them leave...hopefully they do not come back because the pps is too rich for their blood ;)
This reminds me of bitcoin last year haha
Yeah, that was the first google search result I found with a lot more links to follow, figure I would show you the car dealerships are no dummies...
Money is money any way shape or form, especially if they do not have to worry about all the damn processing fees, but I am sure they had to claim it somewhere so it is considered "legal"
$MELY
I remember way back when somebody purchased a Porsche from somebody in BTC...
There are car dealerships that do accept BTC by the way already:
http://www.gizmag.com/tesla-model-s-bought-using-bitcoins/30048/ <==From December of 2013!!!
TESLA TOO!!!! =D
Also, here is something HILARIOUS:
http://motherboard.vice.com/blog/this-pizza-is-worth-750000
Link of proof to the bitcointalk post: https://bitcointalk.org/index.php?topic=137.0
The MOST expensive pizza EVER purchased...Haha
Ok...So you are claiming they are figuring out ways to tax bitcoins, which means that it has made a big enough appearance to the masses where they are/have been making tax regulations...If you SELL off your bitcoins.
Please keep in mind you can purchase items with BTC, so there would be no point into converting crypto into stinky FIAT.
Do you see where I am going here?? Why convert BTC into a FIAT currency when you could use BTC just as good as cash...A LOT of companies that accept BTC ALSO discount when items are purchase with BTC, since they do not have to worry about the credit card fees...
$MELY
Please respond as to why you claim MELY is bankrupt??
You have to back up your false claims, or else they will forever be false.
MELY is actually the opposite of Bankrupt, since we produce the bitcoins...
MELY is more like the Government, just without all the retarded regulations, hence decentralized form of currency...
Any other random claims I can shoot down?
$MELY
So you would rather load .005 and .01 and .02 and .03 when we reach those levels and not take advantage of profits buying at these levels??
You lost me...
$MELY
Below .005 is the loading range I believe he is claiming.
See his other posts and they reflect .01 - .05 price range...
Just my input though.
Where are the other 4 stickies from the other moderator's then??
I believe we need stronger mod's IMO
Not bashing them, but to have 2 stickies on this board is preposterous!!!
At least have 3!!! ;)
I have a feeling you have NO CLUE what you are talking about...
I have noticed more and more miners on the site...
Currently have 5 additional people mining, me included, that is not from the Company...
End of June is not 6-8 months my friend....
I have a nice pile of MELY stock and will be patient...unlike 75%+ of you so called "investors"
MELY will prove many people wrong here that think it will be going down....Haha that really makes me laugh.
Let the bashers bash while MELY mines...
No complaints here. Company laid out everything to us, but we just see a pps instead of a company here....
So you expect a business to make money without having any debt/loans or anything like that...
Seems to me you have the least bit of knowledge when it comes to GROWING a company.
MELY is on the right track here...
3 more weeks guys!!!!
You must be new to the btc mining scene, because usually you have to pre order the miners with an uncertain delivery date.
On the other hand, the miners are paid off now and they just have to receive them now...
Tic toc...I really hope you do not get any shares under 27 and miss out on this imminent run.
I will see everybody before the bell when they release the Pre Market PR =)
The only thing they will be dumping is Th/s into their mining pool
$$$$$$$$$$$$$ $MELY $$$$$$$$$$$$$$$
I DO NOT recommend to try flipping now a days...
3-4 weeks ago into this week sure, but you do not want to be chasing this one.
$MELY
You and me both...I am sure A LOT of people here have been waiting for another run...
History shows we go on 2 day runs at a time =D
$MELY
Your ask hits will be well rewarded, since after all pennyland is just the first stop here =D
I think I am going to just wait until they have more hashing power in the pool.
Will be purchasing an Antminer S1 myself with my mined coins from my other rigs =D
The pool needs a few more Th/s of mining power and we are all gravy with solving some blocks...
Tic Toc
kthm42 on ebay...by the way I found out that he can work out an EVEN BETTER price for an 8 hour block session...this was his reply to my message:
I would get the antminer s1 if you are looking for a decent priced ASIC Buy from the factory www.bitmain.com They sell in BTC, include shipping.
Me too my friend, me too.
Yeah, unfortunately that will only last until 3:45 PM =P
Hopefully my other contract goes through sometime soon!!!
I currently bought 2 mining contracts on eBay...
This is for 2 hours 1 Th/s ($10)
and another contract for 0.4 Th/s for 24 Hours ($20)
I really am just doing this to be a part of the first block that they mine...
I doubt we will find one with me in it, but at least it is helping them out!!!
$MELY
Oh we have some miners on the way...
100 Th/s worth!!! =D =D =D
Tic Toc
So you can now buy BTC miners at Walmart!!!
http://www.walmart.com/ip/Butterfly-Labs-Bitcoin-Miner-10-GH-S-Processor-USB-2.0-BF0010G/34952957
Too bad it is BFL ;)
Nice man, I would love to add 9s if I could...19s for that matter!!!
Good luck on trying to get anythin below 25...only more green days ahead....green months for that matter.
$$$$$ $MELY $$$$$
How do people feed into this???
And how are you belittling posts never deleted???
MELY failed to go live, by a day and you failed to buy below 20s and now trying to get some more cheapies.
Everybody on this board sees right through you bashers...
Holding this overnight is a bad thing?? Boy am I glad I listened to you when I bought 16's and held adding on the dips...if I only I talk your words of wisdom seriously I would have less money in my account....
Wake up here people, because MELY is a sleeping giant poised to EXPLODE
$MELY
You are comparing MELY's mining pool, that is JUST about to be open to the public 06-01-2014 to BTC guilds, who has been up and running since 05-09-2011...
Do you think BTC Guild or any of these new pools started at 12,000 Th/s?? At first, I agreed to a fair portion of the information you posted up here, but the more and more you post, the more and more you lose credibility to me...
Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don’t understand why they should make the effort to use it.
Why use bitcoin? Here are 10 good reasons why it’s worth taking the time to get involved in this virtual currency.
It’s fast
why use bitcoinWhen you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster. Transactions can be instantaneous if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the block chain. Or, they can take around 10 minutes if a merchant requires the transaction to be confirmed. That is far faster than any inter-bank transfer.
It’s cheap
What’s that you say? Your credit card transactions are instantaneous too? Well, that’s true. But your merchant (and possibly you) pay for that privilege. Some merchants will charge a fee for debit card transactions too, as they have to pay a ‘swipe fee’ for fulfilling them. Bitcoin transaction fees are minimal, or in some cases free.
Central governments can’t take it away
Remember what happened in Cyprus in March 2013? The Central Bank wanted to take back uninsured deposits larger than $100,000 to help recapitalize itself, causing huge unrest in the local population. It originally wanted to take a percentage of deposits below that figure, eating directly into family savings. That can’t happen with bitcoin. Because the currency is decentralized, you own it. No central authority has control, and so a bank can’t take it away from you. For those who find their trust in the traditional banking system unravelling, that’s a big benefit.
There are no chargebacks
Once bitcoins have been sent, they’re gone. A person who has sent bitcoins cannot try to retrieve them without the recipient’s consent. This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction.
People can’t steal your information from merchants
Credit cardsThis is a big one. Most online purchases today are made via credit cards, but in the 1920s and ’30s, when the first precursors to credit cards appeared, the Internet hadn’t yet been conceived. Credit cards were never supposed to be used online and are insecure. Online forms require you to enter all your secret information (the credit card number, expiry date, and CSV number) into a web form. It’s hard to think of a less secure way to do online business. This is why credit card numbers keep being stolen. Bitcoin transactions, however, don’t require you to give up any secret information. Instead, they use two keys: a public key, and a private one. Anyone can see the public key (which is actually your bitcoin address), but your private key is secret. When you send a bitcoin, you ‘sign’ the transaction by combining your public and private keys together, and applying a mathematical function to them. This creates a certificate that proves the transaction came from you. As long as you don’t do anything silly like publishing your private key for everyone to see, you’re safe.
It isn’t inflationary
The problem with regular fiat currency is that governments can print as much of it as they like, and they frequently do. If there are not enough US dollars to pay off the national debt, then the Federal Reserve can simply print more. If the economy is sputtering, then the government can take newly created money and inject it into the economy, via a much-publicised process known as quantitative easing This causes the value of a currency to decrease. If you suddenly double the number of dollars in circulation, then that means there are two dollars where before there was only one. Someone who had been selling a chocolate bar for a dollar will have to double the price to make it worth the same as it was before, because a dollar suddenly has only half its value. This is called inflation, and it causes the price of goods and services to increase. Inflation can be difficult to control, and can decrease people’s buying power. Bitcoin was designed to have a maximum number of coins. Only 21 million will ever be created under the original specification. This means that after that, the number of bitcoins won’t grow, so inflation won’t be a problem. In fact, deflation – where the price of goods and services falls – is more likely in the bitcoin world.
It’s as private as you want it to be
Sometimes, we don’t want people knowing what we have purchased. Bitcoin is a relatively private currency. On the one hand, it is transparent – thanks to the block chain, everyone knows how much a particular bitcoin address holds in transactions. They know where those transactions came from, and where they’re sent. On the other hand, unlike conventional bank accounts, no one knows who holds a particular bitcoin address. It’s like having a clear plastic wallet with no visible owner. Everyone can look inside it, but no one knows whose it is. However, it’s worth pointing out that people who use bitcoin unwisely (such as always using the same bitcoin address, or combining coins from multiple addresses into a single address) risk making it easier to identify them online.
You don’t need to trust anyone else
In a conventional banking system, you have to trust people to handle your money properly along the way. You have to trust the bank, for example. You might have to trust a third-party payment processor. You’ll often have to trust the merchant too. These organizations demand important, sensitive pieces of information from you. Because bitcoin is entirely decentralized, you need trust no one when using it. When you send a transaction, it is digitally signed, and secure. An unknown miner will verify it, and then the transaction is completed. The merchant need not even know who you are, unless you’ve arranged to tell them.
You own it
There is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With bitcoin, you own the private key and the corresponding public key that makes up a bitcoin address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
You can create your own money
In spite of the amazing advances in home office colour printing technology, most national governments take a fairly dim view of you producing your own money. With bitcoin, however, it is encouraged. You can certainly buy bitcoins on the open market, but you can also mine your own if you have enough computing power. After covering your initial investment in equipment and electricity, mining bitcoins is simply a case of leaving the machine switched on, and the software running. And who wouldn’t like their computer to earn them money while they sleep?
http://www.coindesk.com/information/why-use-bitcoin/
This post is spot on. Everybody is trying to get in cheap here.
Just like when BTC was at $120 everybody STILL trying to get in today, as you can tell by the increase in BTC price of recent days...
I do not think people comprehend what we have here...
WE PRODUCE THE BTC...
AKA WE PRODUCE THE MONEY...
What is not to understand here people?
Ok, yes their current 100 Th/s may be outdated in a few months, but you do not think they will stay current with purchasing more miners!?!?!? HENCE, PHASE ONE.
It is like foreshadowing here people!!!
You better get your shares cheap before the ShouldaWouldaCoulda's come kicking you in the rear.
$MELY
Lmao, I'm confused though...wouldn't she be a good girl if she was going down on you/us? ;)
MELY pool party about to initiate...should be a pr Monday before market...what I'm hoping for!!!
First of all, let me start off by saying this is a great post...for the most part.
And to be honest, this seems to be the year of Scrypt ASICs. A lot of companies with preorders right now and I have my eye set on one in specific $_$
100 hash rate...please elaborate...
100 Mh/s...2 seconds...
100 Gh/s...2 hours...
100 Th/s...a few days probably just laying out the server room. Also the miners have to be tuned and configed, WHICH has already been done with the Beta Testing!!!
These are not little computers...they are going to be decently sized/heavy miners that needs proper ventilation...
Give this company some time people...I mean I flipped ONE time at 36 and felt terrible doing it, because I wanted those shares right back into my account...which is why I re bought back in 2 hours later a few tics less, acquiring some extra free shares.
Whoever tries flipping this one from here on out is really risking missing out on the next run imo.
$MELY
It is a little unfortunate I run Scrypt miners with GPU's or else I would hop in the pool ASAP when it opens.
I will see if I can convince people to join the pool on bitcointalk and/or other sites that have online chat that works with cryptos.
SPREAD THE WORD, THE POOL IS ABOUT TO OPEN UP, GET YOUR BATHING SUITS READY!!!
$MELY
I'm down with that...
It's like nobody cares anymore LOL