Remember remember the 5th of November
Legendary
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Activity: 1862
Merit: 1021
Reverse engineer from time to time
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March 11, 2014, 08:46:32 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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S4VV4S
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March 11, 2014, 08:47:29 PM |
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As prices keep dropping I feel so tempted to buy a 2nd one, but at the same time, I want to save my BTC to buy an S2 once they are available. Aiiiiiiiieeeeeeeee.
At less than 1 BTC I would buy it, mine with it for 3-4 weeks before the S2 comes out and sell it.
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S4VV4S
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March 11, 2014, 08:51:10 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend.
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Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1021
Reverse engineer from time to time
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March 11, 2014, 08:51:50 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. I aren't really looking at the USD price, I am looking at getting back the same amount of coins I spend.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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Jacko
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March 11, 2014, 08:52:01 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
Hi, I've got two coming by DHL in 2 days time. I have just had to pay £104 VAT online at DHL for Customs. It depends on the BTC / Dollar value when he prepares the invoice. He converts the price you paid in BTC into USD then Customs convert that to GBP and charge you VAT and then DHL charge you for paying it on your behalf. Jacko
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Tikii
Newbie
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Activity: 50
Merit: 0
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March 11, 2014, 08:56:06 PM |
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Anyone knows how fast they ship to Canada?
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Bitkoinzz
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March 11, 2014, 08:58:06 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money.
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Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1021
Reverse engineer from time to time
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March 11, 2014, 08:58:59 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money. Sadly, it's going to be one machine only.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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S4VV4S
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March 11, 2014, 09:03:07 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money. Sadly, it's going to be one machine only. That's what I said, sadly I am addicted now  I keep ordering more....
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Remember remember the 5th of November
Legendary
Offline
Activity: 1862
Merit: 1021
Reverse engineer from time to time
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March 11, 2014, 09:04:00 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money. Sadly, it's going to be one machine only. That's what I said, sadly I am addicted now  I keep ordering more.... Yeah, but you have the money, I can only buy 1 right now.
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BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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S4VV4S
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March 11, 2014, 09:05:24 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money. Sadly, it's going to be one machine only. That's what I said, sadly I am addicted now  I keep ordering more.... Yeah, but you have the money, I can only buy 1 right now. To be 100% honest with you I have borrowed the money for my first miner. I didn't have it. So a friend put the money down and I the knowledge. Now we have 4  EDIT: If you are uncertain about this I would suggest to buy the coin and keep it. 5 months from now it will be worth 5 times that (I hope). EDIT 2: I only got the first miner on 26th of Jan and we already sold a coin as my buddy needed some cash back.
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flounderella
Sr. Member
  
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Activity: 350
Merit: 250
Bitcoin Evengelist
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March 11, 2014, 09:14:11 PM Last edit: March 11, 2014, 09:28:30 PM by flounderella |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
For me, BTC is pretty undervalued right now (limited 22M supply; still widespread mainstream skepticism, even more after Gox; less than 300K wallets with > 1BTC as of Jan/Feb etc etc). Actual daily volume of BTC is pretty low since most people who hold bitcoins are pretty stubborn holders, so the low daily liquidity is not reflecting the true value. So in all my ROI calculations, I assume a minimum floor of $2000, but that's 2-3 years out and I'm really patient (have yet to even sell my Amazon stock from 1999). So mining becomes remarkably profitable for me at least at my future expected price points. But you may have a different time horizon.
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jeppe
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March 11, 2014, 09:18:38 PM |
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dose the miner include a psu ?? thanks, JT
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minternj
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March 11, 2014, 09:19:18 PM |
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no psu
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Tikii
Newbie
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Activity: 50
Merit: 0
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March 11, 2014, 09:20:51 PM |
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Has anyone had them ship to Canada before? If so how long did it take?
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MANofthePEOPLE
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March 11, 2014, 09:22:15 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
I thought bitmain put something like $300 or something on the invoice in order to keep vat down, am I wrong? Great if they are since it increases profitability
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flounderella
Sr. Member
  
Offline
Activity: 350
Merit: 250
Bitcoin Evengelist
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March 11, 2014, 09:26:34 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
It all depends on how you see ROI. If you think the price of btc will stay the same then it is 5 months. But..... it can always go back to $1000 or it can go down to $100. This is a gamble my friend. Here is my opinion. If you only have one unit then you can plug it in and let it run for 5 months and I think you will make a little profit at todays prices before the machine uses more electricity than it makes in US dollars. You may win big, you may lose, you may break even in US dollar terms. However, if you plan on using many machines or building up to more machines then the real game will be to buy and sell your gear as new stuff comes up for sale on the market. If you have many machines you will have to continually buy and sell them to make big money. Sadly, it's going to be one machine only. That's what I said, sadly I am addicted now  I keep ordering more.... Same as me, my friend
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Rock6.3
Member

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Activity: 70
Merit: 10
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March 11, 2014, 09:29:03 PM |
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dose the miner include a psu ?? thanks, JT
Mine arrived yesterday. No, it does NOT include a psu.
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Jacko
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March 11, 2014, 09:34:58 PM |
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Guys, please answer my questions above. Do you think it's worth it if ROI is 5 months? It's 3 months without VAT and PSU, but 5 with them.
I thought bitmain put something like $300 or something on the invoice in order to keep vat down, am I wrong? Great if they are since it increases profitability After some trouble with UPS and E.U. Customs regarding undervaluing the miners, Bitmain now ships with DHL in the E.U and declares reasonable value. This is the BTC you paid him converted to USD and put on the invoice. This means here in the U.K you can convert BTC to USD to GBP and 20% of that plus a charge by DHL for paying Customs on your behalf is what you will pay. Jacko
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