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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 1113

post #11121 of 22312
Quote:
Originally Posted by korruptedkaos View Post

it says you get 0.001% of exchange profits every 6 hours, how much is that right now?

do you get paid in BTC or what?

there is not many coins on there? if I bought say 4 or 5 would it be worth it?

At .12 it was a guarantee profit since you know it will go up. At the prices now I'm not sure. The return is really small so not really worth it unless you have a ton of shares. Can't really complain though since I spent .48 BTC and right now I have 1.02 BTC in MCXnow. smile.gif
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post #11122 of 22312
Bitcoin and investors won't be regulated\

http://www.theverge.com/2014/1/31/5364406/bitcoin-miners-investors-not-regulated-fincen-ruling
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post #11123 of 22312
i am now on mine-litecoin.com but cant configure my cudaminer, while same syntax works on doge and nut pools
cudaminer.exe -H 1 -i 0 -l auto -C 1 -o stratum+http://america.mine-litecoin.com:3333 -O ynvcxvhdkjhfds27.worker:x

but i cant seem to set any password for the worker ...
post #11124 of 22312
Whatchu guys mining nowadays?
 
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post #11125 of 22312
Quote:
Originally Posted by TheLAWNOOB View Post

Bitcoin and investors won't be regulated\

http://www.theverge.com/2014/1/31/5364406/bitcoin-miners-investors-not-regulated-fincen-ruling

but exchanges will be regulated. o thank you lordy for less pump&dump shenanigans
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post #11126 of 22312
Quote:
Originally Posted by revro View Post

i am now on mine-litecoin.com but cant configure my cudaminer, while same syntax works on doge and nut pools
cudaminer.exe -H 1 -i 0 -l auto -C 1 -o stratum+http://america.mine-litecoin.com:3333 -O ynvcxvhdkjhfds27.worker:x

but i cant seem to set any password for the worker ...

try
Code:
-u user.worker -p x
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post #11127 of 22312
Quote:
Originally Posted by dealio View Post

but exchanges will be regulated. o thank you lordy for less pump&dump shenanigans

Nope, only exchanges that involves fiat currencies will be monitored for money laundry attempts.
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post #11128 of 22312
Quote:
Originally Posted by TheLAWNOOB View Post

Bitcoin and investors won't be regulated\

http://www.theverge.com/2014/1/31/5364406/bitcoin-miners-investors-not-regulated-fincen-ruling
does unregulated also mean untaxed? if i open up a new banking account purely for bitcoin transactions to exchanges, would i get reported to the IRS for suspicious activity? what if i told the bank its a purely BTC account, could they still deny to open up that account?

i have not connected my banking to any exchange yet purely for tax reasons because i dont want to be caught in some financial loop hole i cant get out of.

...on another note, what does this mean for Shrem (BTC Foundation VP)? since this was approved after the fact that his exchange was shut down for working with Silk Road, would he get off the hook?
Edited by Namwons - 1/31/14 at 12:41pm
post #11129 of 22312
Quote:
Originally Posted by TheLAWNOOB View Post

Nope, only exchanges that involves fiat currencies will be monitored for money laundry attempts.
how do you monitor something that cannot be monitored? only thing they could is to send bank data to us authorities.
i am pretty sure exchanges will simply move to non us non eu territories
post #11130 of 22312

Well good and bad news guys: I'm going to RMA my 290 on Monday, so bad news is I won't have it for a week (so dissapointing, I know) but at least WTCR will be setting me up with a new Sapphire Tri-X 290, this one has a terrible fan rattling that is unfixable, without voiding the warranty.

 

So, definitely recommend buying from WTCR, they have great support, and decent prices. (I bought this 290 for $475 shipped from them!)

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