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FYI Juan Garavaglia question and answer session was in April 2014, so its NOT a canned response to his new VP position with MELY.
Pt. 2 How Bitcoin changed Juan Garavaglia’s life
Do you still run any miners of your own?
Yes, many of them. Obviously Bitmain but others as well like Cointerra. I try them all. I like the units and mining. This business of trying to provide mining hardware to the community is taking up all my time, so I do not get to do all that I like. I enjoy mining.
https://www.cryptocoinsnews.com/pt-2-bitcoin-changed-juan-garavaglias-life/
I also like the part that Juan Garavaglia says he enjoys mining much more than being a distributer
his new position with MELY feeds right into what he enjoys doing and I know what happens when people enjoy what they do.... they do it very well... I am excited to see this development..
Do you still run any miners of your own?
Yes, many of them. Obviously Bitmain but others as well like Cointerra. I try them all. I like the units and mining. This business of trying to provide mining hardware to the community is taking up all my time, so I do not get to do all that I like. I enjoy mining.
Juan Garavaglia to fill the newly created position of Vice President of Business Development for Microelectronics Technology Company.
well well well.. what do you know.. our new VP brings much more to the table than his wealth of connections and experience.:)
Pt. 2 How Bitcoin changed Juan Garavaglia’s life
Do you still run any miners of your own?
Yes, many of them. Obviously Bitmain but others as well like Cointerra. I try them all. I like the units and mining. This business of trying to provide mining hardware to the community is taking up all my time, so I do not get to do all that I like. I enjoy mining.
https://www.cryptocoinsnews.com/pt-2-bitcoin-changed-juan-garavaglias-life/
Why Alydian went bankrupt... and Mely will prevail
Mely doesn't MFG there own custom Miners Mely doesn't sell bitcoins for 7.00 Mely Servers and ASIC chips and are the latest technology for power consumption Alydians were not.
here are some cuts from a couple of articles on what happened to them BTW this is LAST YEARs old news......
Alydian officials proposed to build and operate a large bitcoin-mining operation made up of the specially designed rigs, instead of selling its mining rigs to others.
Customers could then buy the Alydian-mined bitcoins without the hassle of operating a rig, according to court papers. Mining rigs require lots of electricity and powerful cooling systems to prevent the equipment from overheating. Alydian said it could install its mining rigs in data centers across the country.
But the company’s technology quickly became outdated. Alydian’s Hans Olsen explains why in this court filing.
Alydian also began to run into more competition from bitcoin miners that cropped up as the currency became more popular. As bitcoins grew in value, there were suddenly more miners going after the 3,600 bitcoins released each day as a reward for their transaction-checking work.
Company officials told Bankruptcy Judge Karen Overstreet that they can’t afford to deliver the bitcoins they promised to a handful of customers who agreed to prepay for them. Last week, the company sought to exercise their power under Chapter 11 to reject the customer contracts, though it says most of the prepay customers are entitled to a full refund. Judge Overstreet is set to consider that request at a Dec. 6 court hearing.
Alydian’s customers include Barry Silbert, the founder of the SecondMarket online marketplace for illiquid securities, who agreed to buy 5,000 bitcoins for about $7.36 each, according to court papers.
Court papers show that Soule Investments LLC agreed to buy about 13,468 bitcoins at $7.42 per coin, amounting to a $100,000 investment. And Joel Yarmon, who once worked as technology director for the U.S. Senate Commerce Committee, signed up for $6,000 worth of bitcoins. His agreement, also filed with the bankruptcy court, shows he agreed to buy 870 bitcoins at $6.90 each.
Those prices would be a steal in today’s market. The volatile bitcoin rose above $700 on one index earlier this week after Congress’s first-ever hearing on the virtual currency.
http://blogs.wsj.com/bankruptcy/2013/11/20/alydian-aims-to-sell-bitcoin-mining-platform-in-bankruptcy/
In a November court document, Alydian said it had only mined about 3,041 bitcoins—not enough to fill customer orders. Officials told a judge they couldn't afford to buy bitcoins outright to give to customers because the price has risen so dramatically.
Bitcoins traded above $800 apiece on one index on Thursday morning, while Alydian had promised one customer that it could buy 5,000 bitcoins for about $7.36 each, according to court papers. Another signed up for 13,468 bitcoins at $7.42 per coin.
Alydian filed for Chapter 11 protection on Nov. 1 to try to get out of its customer contracts. Bankruptcy protection allows companies to break legally binding contracts with a judge's permission.
The bankruptcy filing caught the attention of the bitcoin community for its ties to CoinLab, which owns 65% of Alydian. CoinLab has won credibility with some venture capitalists who decided to invest in it.
http://online.wsj.com/news/articles/SB10001424052702303345104579282600553585842
Agreed and who contracts the JUAN bomb if they haven't secured financing... :) IMO
Brett drops the F bomb and now he drops the Juan Bomb :)
How Bitcoin changed Juan Garavaglia’s life
https://www.cryptocoinsnews.com/bitcoin-changed-juan-garavaglias-life-will-decide-bitcoin-price-future-2/
wooops that was 3 days ago LOL here is the new
BTC Pool Party Bitcoin Mining Pool
9 minutes ago
.
The Board of Directors is pleased to report that the company has contracted with 112BIT, LLC of Miami, Florida and its principal Mr. Juan Garavaglia to fill the newly created position of Vice President of Business Development for Microelectronics Technology Company.
Mr. Garavaglia will be responsible for the fulfillment of all future server acquisitions and the expansion of the company’s BTC Mining Pool, www.BTCPOOLPARTY.COM.
Mr. Garavaglia will also look to expand the company’s involvement in all other aspects of the BTC Business community that align with the company’s business goals.
The company will be providing further details by press release Monday, November 24, 2014
Why banks fear Bitcoin
http://fortune.com/2014/11/20/why-banks-fear-bitcoin/
Well well a new decline low for 2014 is unlikely and Bitcoin could soon see the next waves of its most spectacular rally yet.
https://www.cryptocoinsnews.com/bitcoin-price-rally-resumes/
The winter has just started for us here, we already have had some great swells from the N and NW...
Come Surf sometime
Aloha
Because he wasn't might be a reason...IMO
I don't need a double anything to figure that out LOL
To be honest with you 360 I like him... he's got some spunk that's for sure.. I will not judge the emails content in either direction but I will say one thing... I would have had a very similar reply myself
Although I will say that my Company is Private and I am the only share holder... I talk to myself like that all the time " you dumb son of a ____ wtf did you do that for..."
fired myself a few times also..
at the end of the day "it is what it is" right
I am pro MELY... and to me the glass is half full
Here is both ANON13333
Your email to Brett per your post
Brett,
I am really disappointed in MELY. I bought into this company because I really believe in BTC and I support BTC businesses. The constant delay in getting additional miners has diminished MELY's (and probably yours also) credibility. I will continue to support BTC; however, at this time, MELY not so much.
I am truly disappointed in damage you done to the BTC community as a whole.
Brett reply per your post
Its people like you who are doing damage to the BTC community.
You are a speculator with no patience or intelligence regarding what
it actually takes to get a job done.
The fact that our servers have been delayed is not the companies
fault, it happens to be the manufacturer who has not delivered.
I find your comments offensive and ignorant.
Go ____ your self!.
--
Brett Everett
President,
Microelectronics Technology Co.
Calm down Johnny we are on your side LOL :)
I agree.. doesn't make sense..
F bomb maybe
working on it, will get back to you
Doesn't seem to be a problem for China
AntMiner S2 1TH/s ant miner mining machine The currency mining machine BTC BitCoin 1000G/s Low energy
Supply Ability: 1000000 Set/Sets per Month
http://www.alibaba.com/product-detail/AntMiner-S2-1TH-s-ant-miner_1910367570.html
I fowarded this information to MELY yesterday
Below is the mfg reply to my pricing request on 1000 antminer2 miners yesterday
Thank you for your interest in our 1th bitcoin miner.
For now, we do not have stock of the antminer S2 1th miner, only have the 1th dragon miner, and the unit price is $780usd/pc.
Please kindly check and consider.
Thank you and best regards
Wendy
It just keeps getting better, just get those miner servers up and running........MELY
BTC Pool Party Bitcoin Mining Pool
12 minutes ago
You've been waiting for it! : )
Only the beginning at making bitcoin the most secured currency anywhere.
Virtual currency products such as bitcoin wallets could receive protections against fraud under rules proposed today by a U.S. financial regulator that are mostly aimed at prepaid debit cards. The Consumer Financial Protection Bureau on Thursday proposed a slate of protections for lost or stolen cards, access to account information and limits on borrowing....Michael J. Casey at Money Beat
https://www.facebook.com/btcpoolparty
YES I am POSITIVE, but at the end of the day whether or not I am positive "it is what it is anyway" right
I believe we will get a corporate update very soon concerning the Server order...and there progress
I cant answer that question... I don't know enough about the wallets either.. maybe someone else here does
500 mining server delivery verbiage from the last PR
The company expects to receive the first 500 BTC Mining servers on or about November 15, 2014 with the additional 500 servers to arrive by year end.
Certain delays are in effect due to the manufacturing schedule and back orders at the BTC Mining manufacturer.
http://www.eteligis.com/Home/View?actOnCompanyId=1097
you are right, I followed your link and clicked on the 20 coin transaction which I am sure is MELYs and ended up here
https://blockchain.info/address/1Q6Wc36REYsVw2L3a9S3qhfJq3V77LbWGM
I have street talked with AMI and do not believe there was any foul play going on here, and I am pretty sure he does not work for the company as he and I were sharing information prior to the 10k release.
just a character judgment from our street talk, I say NO FOUL PLAY
AMI will be back shortly to explain for himself
don't ask for his contact because you wont get it from me..
Go MELY
Here s the link to the wallet if anyone wants to look
http://blockexplorer.com/address/1YEQqLxpgwYyJE8na1Rg4h4LnETRKJrq1
It is remotely or maybe not but kind of possible the bitcoins per day they have been earning or possibly not are being maybe possibly eaten by a potential swarm of virtual wiggelys and it is also potentially possible that its really hard to stop the wiggelys maybe ?
here is the bitcoin calculator link
https://alloscomp.com/bitcoin/calculator
and here is the btcpoolparty stats link
https://btcpoolparty.com/stats/
rub the two of these together and figure it out for yourself or not
No disrespect intended..
wiggelys or no wiggelys that is my question ?
bitcoin 431.00 high in the last hr...
what a pig... right
Ahahaha http://bitcointicker.co/
1.1 PH/s = $173763.35 Per month at todays price
@ 500.00 $212580.56 Per month
@ 600.00 $255096.67 Per month
Gross revenue, does not include 3% of Miner that join
https://alloscomp.com/bitcoin/calculator
Great article! go to the btcpoolparty and change the bitcoin to US denomination and then move your curser over the amount to see the amount at the time of the block find transaction vs the amount today :)
https://blockchain.info/address/1PDmysU9k7xN1c9YjmLzrMC3BdbG2yh39R
The real value of bitcoin and crypto currency technology -
Bitcoin Properly
UPDATE: just hit 400.00
Going to bust the 400.00 in just a few minutes
http://bitcointicker.co/
Yes thank you Rocket for guiding us along... you so sweet
you even reincarnate OMG
Good news for sure bitcoin reversal looking strong.. this was all predicted.. just as its happening ... slow and steady rather than spike and crash... my prediction 600.00+ EOY JMO
I am pro MELY always have been.. and I have never said to the moon! train is heading north! about to lift off! BUY NOW!
most of my posts have been informational with links or calculations based on PRs or data collected
Yes my posts are PRO MELY because I am...and continue to be
Please don't buy shares based on posts No one does that
rocketman75 Member Level Tuesday, 09/16/14 04:03:05 PM
Re: goldapple post# 32048
Post # of 35832
.0001, we will be there prior to month end...
INHI
P.S.
did you not give your word to another member here you would not post here again if the PPS did not go to .0001 by 9/26 ?
LOL yes it does... hopefully the next set has some better waves
I am still confident for FIJI
Whats happening in the bitcoin world in the last two weeks is all good for MELY and I am holding no matter what our new found friends that are looking out for us say.. :)
* BTCGUILD is for sale and moving or even closing so whatever they end up doing its not a stable enviroment and miners will jump ship if there is something as good or better out there to jump to.IMO
* BTCGUILD charges 5%
http://www.thebitcoinlist.com/listing/btc-guild/
* Payments Giant NCR to Integrate Bitcoin into Small Business Service
http://www.coindesk.com/payments-giant-ncr-integrate-bitcoin-small-business-service/
* Bitcoin Price Rally! (But Likely Not To the Moon Yet)
https://www.cryptocoinsnews.com/bitcoin-price-rally-probably-moon/
* An enormous bitcoin mine went up in flames, affecting the entire network
http://qz.com/293418/an-enormous-bitcoin-mine-went-up-in-flames-affecting-the-entire-network/
* It’s all over: Bitcoin miner maker HashFast to auction remaining assets
Liquidation marks the end of the line for startup that self-destructed.
http://arstechnica.com/tech-policy/2014/11/its-all-over-bitcoin-miner-maker-hashfast-to-auction-remaining-assets/
* MELY 1.1 PH/s in 6-7 weeks and 600 THS in the next week or so
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28229
* MELY FULLY TRANSPARENT! and most if not all are not..
OUR NEW FREINDS THAT ARE LOOKING OUT FOR US SECTION, OMG ITS DILUTION, OMG ITS BAD, MELY CEO IS BAD GUY, CEO IS NOT LOOKING OUT FOR THE SHARE HOLDERS, OMG ITS SO SCARY I WANT TO TELL YOU SO YOU WONT GET SCARED.. I KNOW THAT IN THE PAST I HAVE MOSTLY BEEN WRONG BUT THIS TIME I AM RIGHT! REALLY.. JUST TRUST ME... I AM LOOKING OUT FOR YOU EVEN THOUGH I HAVE NO IDEA WHO YOU ARE !
THIS IS BAD AND YOU NEED TO TAKE YOUR LOSSES NOW, PLEASE ITS ONLY A FEW DAYS UNTIL THE MINERS ARRIVE BUT BELIEVE ME THIS IS GOING TO NO BID AND YOU WONT EVEN BE ABLE TO TAKE A TAX LOSS...sheeesh what next.
I just love it... From the About us page on the new BTCPOOLPARTY
Let’s face it, we’re not making wine here, we’re making bitcoin and hashing power is king to getting a return.
We will soon be the largest producer of bitcoin in the industry and if you are going to measure success by results, we are the new benchmark.
Some Stats
BTC Pool Party is a mining pool slated to be one of the top producing pools in the country with a combined hash rate of 1.1 PH/s by year end via the addition of one thousand new servers.
https://btcpoolparty.com/about/