Re: [AFMUG] BTC 12k+

[Steve Jones]

so you want to have to calculate you BC value ATM when you stop at the gas
station every time?

On Wed, Dec 6, 2017 at 8:08 PM, Chuck McCown <ch...@wbmfg.com> wrote:

> You base it based on the value of the currency it is replacing.  It it
> takes the place of 5% of all USD in circulation and if there are only 4
> billion (or whatever) bitcoins theoretically available, it is pretty easy
> to calculate.
>
> *From:* Steve Jones
> *Sent:* Wednesday, December 06, 2017 6:18 PM
> *To:* af@afmug.com
> *Subject:* Re: [AFMUG] BTC 12k+
>
> how would you even price items with a currency that fluctuates at this
> speed? You couldnt, youd have to price it on a reference, like the USD,
> which would be kind of a problem if your reference is what youre trying to
> get rid of, because youre awesome cryptocurrency is way betters.
>
> You folks into it should watch out, because im looking to get in on the
> ride, the last time i did that was Keyon, so Im like herpes to investment
> value
>
> On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:
>
>> A professor I know calculated that if Bitcoin only got something like 5%
>> of the world’s share of currency then it has a theoretical value of $100K
>> or some thing like that.  I don’t recall the exact numbers.  Maybe it was
>> just 1%.
>>
>> *From:* Steve Jones
>> *Sent:* Wednesday, December 6, 2017 6:04 PM
>> *To:* af@afmug.com
>> *Subject:* Re: [AFMUG] BTC 12k+
>>
>> I am curious, its over 14k right now. whats causing such a substantial
>> gain? Given that its "digital infallible"  Im wondering if its not an
>> artificial inflation
>>
>> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:
>>
>>> I'm glad I'm only out electricity costs, I cash out when I hit the
>>> minimum don't keep anything on site. With a single card it's been taking
>>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using
>>> my PC.
>>>
>>>
>>>
>>> Joe
>>>
>>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
>>> wrote:
>>>
>>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
>>>> stretching, we recommend preparation H and have a nice day... seeya wouldnt
>>>> wanna be ya"
>>>>
>>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
>>>> wrote:
>>>>
>>>>> lulz
>>>>>
>>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net>
>>>>> wrote:
>>>>>
>>>>>> For Steve. J
>>>>>>
>>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>>>>
>>>>>>
>>>>>>
>>>>>> Chris Wright
>>>>>>
>>>>>> Network Administrator
>>>>>>
>>>>>>
>>>>>>
>>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis
>>>>>> Arsenault
>>>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>>>>>> *To:* Animal Farm
>>>>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>>>>
>>>>>>
>>>>>>
>>>>>> I can wipe that and make $10... LOL.
>>>>>>
>>>>>>
>>>>>>
>>>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <
>>>>>> i...@avantwireless.com> wrote:
>>>>>>
>>>>>> To a "Batman" usb drive
>>>>>>
>>>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>>>>>
>>>>>> don't leave your coin on coinbase move it to a more safe wallet or
>>>>>> completely off line if you're paranoid
>>>>>>
>>>>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com
>>>>>> <mailto:ch...@shelbybb.com>> wrote:
>>>>>>
>>>>>> I'm waiting for the Coinbase hack...that will really hit hard
>>>>>> since
>>>>>> they are handling more transactions than Mastercard.
>>>>>>
>>>>>> Regards,
>>>>>> Chuck
>>>>>>
>>>>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>>>>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com&g

Re: [AFMUG] BTC 12k+

[Chuck McCown]

You base it based on the value of the currency it is replacing.  It it takes 
the place of 5% of all USD in circulation and if there are only 4 billion (or 
whatever) bitcoins theoretically available, it is pretty easy to calculate.  

From: Steve Jones 
Sent: Wednesday, December 06, 2017 6:18 PM
To: af@afmug.com 
Subject: Re: [AFMUG] BTC 12k+

how would you even price items with a currency that fluctuates at this speed? 
You couldnt, youd have to price it on a reference, like the USD, which would be 
kind of a problem if your reference is what youre trying to get rid of, because 
youre awesome cryptocurrency is way betters. 

You folks into it should watch out, because im looking to get in on the ride, 
the last time i did that was Keyon, so Im like herpes to investment value

On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:

  A professor I know calculated that if Bitcoin only got something like 5% of 
the world’s share of currency then it has a theoretical value of $100K or some 
thing like that.  I don’t recall the exact numbers.  Maybe it was just 1%.  

  From: Steve Jones 
  Sent: Wednesday, December 6, 2017 6:04 PM
  To: af@afmug.com 
  Subject: Re: [AFMUG] BTC 12k+

  I am curious, its over 14k right now. whats causing such a substantial gain? 
Given that its "digital infallible"  Im wondering if its not an artificial 
inflation

  On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:

I'm glad I'm only out electricity costs, I cash out when I hit the minimum 
don't keep anything on site. With a single card it's been taking maybe 3 or 4 
weeks to hit payout though, and I turn it off when I'm using my PC. 



Joe

On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com> 
wrote:

  https://www.nicehash.com/ for the TLDR- "we apologize for your rectum 
stretching, we recommend preparation H and have a nice day... seeya wouldnt 
wanna be ya"


  On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com> 
wrote:

lulz

On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> 
wrote:

  For Steve. J

  https://www.youtube.com/watch?v=XbZ8zDpX2Mg



  Chris Wright

  Network Administrator



  From: Af [mailto:af-boun...@afmug.com] On Behalf Of Louis Arsenault
  Sent: Wednesday, December 06, 2017 1:48 PM
      To: Animal Farm
  Subject: Re: [AFMUG] BTC 12k+



  I can wipe that and make $10... LOL.



  On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews 
<i...@avantwireless.com> wrote:

  To a "Batman" usb drive

  On 12/06/2017 01:27 PM, Sean Heskett wrote:


  don't leave your coin on coinbase move it to a more safe wallet or 
completely off line if you're paranoid

  On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com 
<mailto:ch...@shelbybb.com>> wrote:

  I'm waiting for the Coinbase hack...that will really hit hard 
since
  they are handling more transactions than Mastercard.

  Regards,
  Chuck

  On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
  <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> 
wrote:

  how many people who believe this as a "currency" are missing
  FDIC insurance today?

  On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
  <mailto:ch...@shelbybb.com>> wrote:

  Yea, we're affected by NiceHash as well.

  Regards,
  Chuck

  On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
  <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:

  Speaking of hacks... I've been selling hashing power 
to
  Nicehash, woke up this morning and my miner isn't
  running... hmm.

  Nicehash's wallet all got emptied to a unknown address
  (at least unknown to us, the users). 60 million worth 
of
  BTC. I was about half way to my pay out (minimum 0.01
  BTC per payout). No official word yet, tread 
carefully...


  Joe

  On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
  <t...@ida.net <mailto:t...@ida.net>> wrote:


  I sold 110 coins about 3 years ago and took a huge
  loss. I got back in at $6,400/btc and sold at
  $9,800. Then I got back in at $10,500 and just 
sold
  this morning at $12,700.

  It scares the hell out of me to have m

Re: [AFMUG] BTC 12k+

[Steve Jones]

Thats what i wonder too, if a legitimate company takes bitcoin payments, at
which value do they pay taxes on that transaction?  Is it the value at the
moment, or the value when they cashed out, or the value at the time they
sign their quarterly, and do they have to update that at the end of the
year? What about the change in value of the crypto currency between the
transaction and the cash out, how is that profit or loss taxed? The dollar
stays the same value, its buying power just fluctuates, cryptocurrencies
buying power is directly reelected in its value

On Wed, Dec 6, 2017 at 7:40 PM, Joe Novak <jno...@lrcomm.com> wrote:

> Funny that you mention that... Valve announced today that they are no
> longer taking BTC. I think most vendors are instantly converting to USD
> instead of holding in BTC, at least that is what I would do if I was
> selling a product while accepting it.
>
> https://www.polygon.com/2017/12/6/16742622/steam-ends-
> support-bitcoin-volatility
>
>
> On Wed, Dec 6, 2017 at 7:30 PM, Steve Jones <thatoneguyst...@gmail.com>
> wrote:
>
>> im down with that, so long as nobody uses the term extortion and keeps
>> the payments up
>>
>> On Wed, Dec 6, 2017 at 7:19 PM, Mike Hammett <af...@ics-il.net> wrote:
>>
>>> It might be better long term for people to pay you to stay out of
>>> investments.
>>>
>>>
>>>
>>> -
>>> Mike Hammett
>>> Intelligent Computing Solutions <http://www.ics-il.com/>
>>> <https://www.facebook.com/ICSIL>
>>> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb>
>>> <https://www.linkedin.com/company/intelligent-computing-solutions>
>>> <https://twitter.com/ICSIL>
>>> Midwest Internet Exchange <http://www.midwest-ix.com/>
>>> <https://www.facebook.com/mdwestix>
>>> <https://www.linkedin.com/company/midwest-internet-exchange>
>>> <https://twitter.com/mdwestix>
>>> The Brothers WISP <http://www.thebrotherswisp.com/>
>>> <https://www.facebook.com/thebrotherswisp>
>>>
>>>
>>> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>
>>> --
>>> *From: *"Steve Jones" <thatoneguyst...@gmail.com>
>>> *To: *af@afmug.com
>>> *Sent: *Wednesday, December 6, 2017 7:18:27 PM
>>> *Subject: *Re: [AFMUG] BTC 12k+
>>>
>>> how would you even price items with a currency that fluctuates at this
>>> speed? You couldnt, youd have to price it on a reference, like the USD,
>>> which would be kind of a problem if your reference is what youre trying to
>>> get rid of, because youre awesome cryptocurrency is way betters.
>>>
>>> You folks into it should watch out, because im looking to get in on the
>>> ride, the last time i did that was Keyon, so Im like herpes to investment
>>> value
>>>
>>> On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:
>>>
>>>> A professor I know calculated that if Bitcoin only got something like
>>>> 5% of the world’s share of currency then it has a theoretical value of
>>>> $100K or some thing like that.  I don’t recall the exact numbers.  Maybe it
>>>> was just 1%.
>>>>
>>>> *From:* Steve Jones
>>>> *Sent:* Wednesday, December 6, 2017 6:04 PM
>>>> *To:* af@afmug.com
>>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>>
>>>> I am curious, its over 14k right now. whats causing such a substantial
>>>> gain? Given that its "digital infallible"  Im wondering if its not an
>>>> artificial inflation
>>>>
>>>> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:
>>>>
>>>>> I'm glad I'm only out electricity costs, I cash out when I hit the
>>>>> minimum don't keep anything on site. With a single card it's been taking
>>>>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using
>>>>> my PC.
>>>>>
>>>>>
>>>>>
>>>>> Joe
>>>>>
>>>>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com
>>>>> > wrote:
>>>>>
>>>>>> https://www.nicehash.com/ for the TLDR- "we apologize for your
>>>>>> rectum stretching, we recommend preparation H and have a nice day... 
>>>>>> seeya
>>>>>> wouldnt wanna be ya"
>>>>>>
>&

Re: [AFMUG] BTC 12k+

[Joe Novak]

Funny that you mention that... Valve announced today that they are no
longer taking BTC. I think most vendors are instantly converting to USD
instead of holding in BTC, at least that is what I would do if I was
selling a product while accepting it.

https://www.polygon.com/2017/12/6/16742622/steam-ends-support-bitcoin-volatility


On Wed, Dec 6, 2017 at 7:30 PM, Steve Jones <thatoneguyst...@gmail.com>
wrote:

> im down with that, so long as nobody uses the term extortion and keeps the
> payments up
>
> On Wed, Dec 6, 2017 at 7:19 PM, Mike Hammett <af...@ics-il.net> wrote:
>
>> It might be better long term for people to pay you to stay out of
>> investments.
>>
>>
>>
>> -
>> Mike Hammett
>> Intelligent Computing Solutions <http://www.ics-il.com/>
>> <https://www.facebook.com/ICSIL>
>> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb>
>> <https://www.linkedin.com/company/intelligent-computing-solutions>
>> <https://twitter.com/ICSIL>
>> Midwest Internet Exchange <http://www.midwest-ix.com/>
>> <https://www.facebook.com/mdwestix>
>> <https://www.linkedin.com/company/midwest-internet-exchange>
>> <https://twitter.com/mdwestix>
>> The Brothers WISP <http://www.thebrotherswisp.com/>
>> <https://www.facebook.com/thebrotherswisp>
>>
>>
>> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>
>> --
>> *From: *"Steve Jones" <thatoneguyst...@gmail.com>
>> *To: *af@afmug.com
>> *Sent: *Wednesday, December 6, 2017 7:18:27 PM
>> *Subject: *Re: [AFMUG] BTC 12k+
>>
>> how would you even price items with a currency that fluctuates at this
>> speed? You couldnt, youd have to price it on a reference, like the USD,
>> which would be kind of a problem if your reference is what youre trying to
>> get rid of, because youre awesome cryptocurrency is way betters.
>>
>> You folks into it should watch out, because im looking to get in on the
>> ride, the last time i did that was Keyon, so Im like herpes to investment
>> value
>>
>> On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:
>>
>>> A professor I know calculated that if Bitcoin only got something like 5%
>>> of the world’s share of currency then it has a theoretical value of $100K
>>> or some thing like that.  I don’t recall the exact numbers.  Maybe it was
>>> just 1%.
>>>
>>> *From:* Steve Jones
>>> *Sent:* Wednesday, December 6, 2017 6:04 PM
>>> *To:* af@afmug.com
>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>
>>> I am curious, its over 14k right now. whats causing such a substantial
>>> gain? Given that its "digital infallible"  Im wondering if its not an
>>> artificial inflation
>>>
>>> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:
>>>
>>>> I'm glad I'm only out electricity costs, I cash out when I hit the
>>>> minimum don't keep anything on site. With a single card it's been taking
>>>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using
>>>> my PC.
>>>>
>>>>
>>>>
>>>> Joe
>>>>
>>>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
>>>> wrote:
>>>>
>>>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
>>>>> stretching, we recommend preparation H and have a nice day... seeya 
>>>>> wouldnt
>>>>> wanna be ya"
>>>>>
>>>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com
>>>>> > wrote:
>>>>>
>>>>>> lulz
>>>>>>
>>>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net>
>>>>>> wrote:
>>>>>>
>>>>>>> For Steve. J
>>>>>>>
>>>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>> Chris Wright
>>>>>>>
>>>>>>> Network Administrator
>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis
>>>>>>> Arsenault
>>>>>>> *Sent:* Wednesday, December 06,

Re: [AFMUG] BTC 12k+

[Steve Jones]

im down with that, so long as nobody uses the term extortion and keeps the
payments up

On Wed, Dec 6, 2017 at 7:19 PM, Mike Hammett <af...@ics-il.net> wrote:

> It might be better long term for people to pay you to stay out of
> investments.
>
>
>
> -
> Mike Hammett
> Intelligent Computing Solutions <http://www.ics-il.com/>
> <https://www.facebook.com/ICSIL>
> <https://plus.google.com/+IntelligentComputingSolutionsDeKalb>
> <https://www.linkedin.com/company/intelligent-computing-solutions>
> <https://twitter.com/ICSIL>
> Midwest Internet Exchange <http://www.midwest-ix.com/>
> <https://www.facebook.com/mdwestix>
> <https://www.linkedin.com/company/midwest-internet-exchange>
> <https://twitter.com/mdwestix>
> The Brothers WISP <http://www.thebrotherswisp.com/>
> <https://www.facebook.com/thebrotherswisp>
>
>
> <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg>
> ------
> *From: *"Steve Jones" <thatoneguyst...@gmail.com>
> *To: *af@afmug.com
> *Sent: *Wednesday, December 6, 2017 7:18:27 PM
> *Subject: *Re: [AFMUG] BTC 12k+
>
> how would you even price items with a currency that fluctuates at this
> speed? You couldnt, youd have to price it on a reference, like the USD,
> which would be kind of a problem if your reference is what youre trying to
> get rid of, because youre awesome cryptocurrency is way betters.
>
> You folks into it should watch out, because im looking to get in on the
> ride, the last time i did that was Keyon, so Im like herpes to investment
> value
>
> On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:
>
>> A professor I know calculated that if Bitcoin only got something like 5%
>> of the world’s share of currency then it has a theoretical value of $100K
>> or some thing like that.  I don’t recall the exact numbers.  Maybe it was
>> just 1%.
>>
>> *From:* Steve Jones
>> *Sent:* Wednesday, December 6, 2017 6:04 PM
>> *To:* af@afmug.com
>> *Subject:* Re: [AFMUG] BTC 12k+
>>
>> I am curious, its over 14k right now. whats causing such a substantial
>> gain? Given that its "digital infallible"  Im wondering if its not an
>> artificial inflation
>>
>> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:
>>
>>> I'm glad I'm only out electricity costs, I cash out when I hit the
>>> minimum don't keep anything on site. With a single card it's been taking
>>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using
>>> my PC.
>>>
>>>
>>>
>>> Joe
>>>
>>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
>>> wrote:
>>>
>>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
>>>> stretching, we recommend preparation H and have a nice day... seeya wouldnt
>>>> wanna be ya"
>>>>
>>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
>>>> wrote:
>>>>
>>>>> lulz
>>>>>
>>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net>
>>>>> wrote:
>>>>>
>>>>>> For Steve. J
>>>>>>
>>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>>>>
>>>>>>
>>>>>>
>>>>>> Chris Wright
>>>>>>
>>>>>> Network Administrator
>>>>>>
>>>>>>
>>>>>>
>>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis
>>>>>> Arsenault
>>>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>>>>>> *To:* Animal Farm
>>>>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>>>>
>>>>>>
>>>>>>
>>>>>> I can wipe that and make $10... LOL.
>>>>>>
>>>>>>
>>>>>>
>>>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <
>>>>>> i...@avantwireless.com> wrote:
>>>>>>
>>>>>> To a "Batman" usb drive
>>>>>>
>>>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>>>>>
>>>>>> don't leave your coin on coinbase move it to a more safe wallet or
>>>>>> completely off line if you're paranoid
>>>>>>
>>

Re: [AFMUG] BTC 12k+

[Mike Hammett]

It might be better long term for people to pay you to stay out of investments. 




- 
Mike Hammett 
Intelligent Computing Solutions 

Midwest Internet Exchange 

The Brothers WISP 




- Original Message -

From: "Steve Jones" <thatoneguyst...@gmail.com> 
To: af@afmug.com 
Sent: Wednesday, December 6, 2017 7:18:27 PM 
Subject: Re: [AFMUG] BTC 12k+ 


how would you even price items with a currency that fluctuates at this speed? 
You couldnt, youd have to price it on a reference, like the USD, which would be 
kind of a problem if your reference is what youre trying to get rid of, because 
youre awesome cryptocurrency is way betters. 


You folks into it should watch out, because im looking to get in on the ride, 
the last time i did that was Keyon, so Im like herpes to investment value 


On Wed, Dec 6, 2017 at 7:11 PM, < ch...@wbmfg.com > wrote: 






A professor I know calculated that if Bitcoin only got something like 5% of the 
world’s share of currency then it has a theoretical value of $100K or some 
thing like that. I don’t recall the exact numbers. Maybe it was just 1%. 




From: Steve Jones 
Sent: Wednesday, December 6, 2017 6:04 PM 
To: af@afmug.com 
Subject: Re: [AFMUG] BTC 12k+ 


I am curious, its over 14k right now. whats causing such a substantial gain? 
Given that its "digital infallible" Im wondering if its not an artificial 
inflation 




On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak < jno...@lrcomm.com > wrote: 



I'm glad I'm only out electricity costs, I cash out when I hit the minimum 
don't keep anything on site. With a single card it's been taking maybe 3 or 4 
weeks to hit payout though, and I turn it off when I'm using my PC. 



Joe 


On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones < thatoneguyst...@gmail.com > 
wrote: 



https://www.nicehash.com/ for the TLDR- "we apologize for your rectum 
stretching, we recommend preparation H and have a nice day... seeya wouldnt 
wanna be ya" 





On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones < thatoneguyst...@gmail.com > 
wrote: 





lulz 






On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright < ch...@velociter.net > wrote: 







For Steve. J 
https://www.youtube.com/watch?v=XbZ8zDpX2Mg 

Chris Wright 
Network Administrator 

From: Af [mailto: af-boun...@afmug.com ] On Behalf Of Louis Arsenault 
Sent: Wednesday, December 06, 2017 1:48 PM 
To: Animal Farm 
Subject: Re: [AFMUG] BTC 12k+ 


I can wipe that and make $10... LOL. 





On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews < i...@avantwireless.com > 
wrote: 




To a "Batman" usb drive 

On 12/06/2017 01:27 PM, Sean Heskett wrote: 


don't leave your coin on coinbase move it to a more safe wallet or completely 
off line if you're paranoid 

On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg < ch...@shelbybb.com > wrote: 

I'm waiting for the Coinbase hack...that will really hit hard since 
they are handling more transactions than Mastercard. 

Regards, 
Chuck 

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones 
< thatoneguyst...@gmail.com > wrote: 

how many people who believe this as a "currency" are missing 
FDIC insurance today? 

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg < ch...@shelbybb.com 
> wrote: 

Yea, we're affected by NiceHash as well. 

Regards, 
Chuck 

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak 
< jno...@lrcomm.com > wrote: 

Speaking of hacks... I've been selling hashing power to 
Nicehash, woke up this morning and my miner isn't 
running... hmm. 

Nicehash's wallet all got emptied to a unknown address 
(at least unknown to us, the users). 60 million worth of 
BTC. I was about half way to my pay out (minimum 0.01 
BTC per payout). No official word yet, tread carefully... 


Joe 

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson 
< t...@ida.net > wrote: 

I sold 110 coins about 3 years ago and took a huge 
loss. I got back in at $6,400/btc and sold at 
$9,800. Then I got back in at $10,500 and just sold 
this morning at $12,700. 

It scares the hell out of me to have money sitting 
there, especially when it could crash while I'm 
asleep at night... but it's also so addictive to 
make huge returns (16% after fees, etc. just this 
month). 

It's a huge bubble. There is nothing to support it. 
When you buy in, you are counting on someone willing 
to pay you more than you paid for it, but for no 
good reason. It's the .COM era again, except without 
the .COM. LOL 

Travis 


On 12/6/2017 2:28 AM, Gino A. Villarini wrote: 

Still crying over the 85 I sold at $1k each� 
you still have? 

On 12/5/17, 10:37 PM, "Af on behalf of Travis 
Johnson" 
< af-boun...@afmug.com 
 on behalf of 
t...@ida.net > wrote: 

How high can it go?? When do you sell?? 
What's a "fair" return?? 

Travis 













-- 

-Louis 

NTInet 
O: 803-533-1660 X 207 
C: 803-997-0004 

Re: [AFMUG] BTC 12k+

[Steve Jones]

how would you even price items with a currency that fluctuates at this
speed? You couldnt, youd have to price it on a reference, like the USD,
which would be kind of a problem if your reference is what youre trying to
get rid of, because youre awesome cryptocurrency is way betters.

You folks into it should watch out, because im looking to get in on the
ride, the last time i did that was Keyon, so Im like herpes to investment
value

On Wed, Dec 6, 2017 at 7:11 PM, <ch...@wbmfg.com> wrote:

> A professor I know calculated that if Bitcoin only got something like 5%
> of the world’s share of currency then it has a theoretical value of $100K
> or some thing like that.  I don’t recall the exact numbers.  Maybe it was
> just 1%.
>
> *From:* Steve Jones
> *Sent:* Wednesday, December 6, 2017 6:04 PM
> *To:* af@afmug.com
> *Subject:* Re: [AFMUG] BTC 12k+
>
> I am curious, its over 14k right now. whats causing such a substantial
> gain? Given that its "digital infallible"  Im wondering if its not an
> artificial inflation
>
> On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:
>
>> I'm glad I'm only out electricity costs, I cash out when I hit the
>> minimum don't keep anything on site. With a single card it's been taking
>> maybe 3 or 4 weeks to hit payout though, and I turn it off when I'm using
>> my PC.
>>
>>
>>
>> Joe
>>
>> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
>> wrote:
>>
>>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
>>> stretching, we recommend preparation H and have a nice day... seeya wouldnt
>>> wanna be ya"
>>>
>>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
>>> wrote:
>>>
>>>> lulz
>>>>
>>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net>
>>>> wrote:
>>>>
>>>>> For Steve. J
>>>>>
>>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>>>
>>>>>
>>>>>
>>>>> Chris Wright
>>>>>
>>>>> Network Administrator
>>>>>
>>>>>
>>>>>
>>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis
>>>>> Arsenault
>>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>>>>> *To:* Animal Farm
>>>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>>>
>>>>>
>>>>>
>>>>> I can wipe that and make $10... LOL.
>>>>>
>>>>>
>>>>>
>>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com>
>>>>> wrote:
>>>>>
>>>>> To a "Batman" usb drive
>>>>>
>>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>>>>
>>>>> don't leave your coin on coinbase move it to a more safe wallet or
>>>>> completely off line if you're paranoid
>>>>>
>>>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com
>>>>> <mailto:ch...@shelbybb.com>> wrote:
>>>>>
>>>>> I'm waiting for the Coinbase hack...that will really hit hard since
>>>>> they are handling more transactions than Mastercard.
>>>>>
>>>>> Regards,
>>>>> Chuck
>>>>>
>>>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>>>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>>
>>>>> wrote:
>>>>>
>>>>> how many people who believe this as a "currency" are missing
>>>>> FDIC insurance today?
>>>>>
>>>>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
>>>>> <mailto:ch...@shelbybb.com>> wrote:
>>>>>
>>>>> Yea, we're affected by NiceHash as well.
>>>>>
>>>>> Regards,
>>>>> Chuck
>>>>>
>>>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
>>>>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:
>>>>>
>>>>> Speaking of hacks... I've been selling hashing power to
>>>>> Nicehash, woke up this morning and my mine

Re: [AFMUG] BTC 12k+

[chuck]

A professor I know calculated that if Bitcoin only got something like 5% of the 
world’s share of currency then it has a theoretical value of $100K or some 
thing like that.  I don’t recall the exact numbers.  Maybe it was just 1%.  

From: Steve Jones 
Sent: Wednesday, December 6, 2017 6:04 PM
To: af@afmug.com 
Subject: Re: [AFMUG] BTC 12k+

I am curious, its over 14k right now. whats causing such a substantial gain? 
Given that its "digital infallible"  Im wondering if its not an artificial 
inflation

On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:

  I'm glad I'm only out electricity costs, I cash out when I hit the minimum 
don't keep anything on site. With a single card it's been taking maybe 3 or 4 
weeks to hit payout though, and I turn it off when I'm using my PC. 



  Joe

  On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com> wrote:

https://www.nicehash.com/ for the TLDR- "we apologize for your rectum 
stretching, we recommend preparation H and have a nice day... seeya wouldnt 
wanna be ya"


On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com> 
wrote:

  lulz

  On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> wrote:

For Steve. J

https://www.youtube.com/watch?v=XbZ8zDpX2Mg



Chris Wright

Network Administrator



From: Af [mailto:af-boun...@afmug.com] On Behalf Of Louis Arsenault
Sent: Wednesday, December 06, 2017 1:48 PM
    To: Animal Farm
Subject: Re: [AFMUG] BTC 12k+



I can wipe that and make $10... LOL.



On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com> 
wrote:

To a "Batman" usb drive

On 12/06/2017 01:27 PM, Sean Heskett wrote:


don't leave your coin on coinbase move it to a more safe wallet or 
completely off line if you're paranoid

On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com 
<mailto:ch...@shelbybb.com>> wrote:

I'm waiting for the Coinbase hack...that will really hit hard since
they are handling more transactions than Mastercard.

Regards,
Chuck

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
<thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> 
wrote:

how many people who believe this as a "currency" are missing
FDIC insurance today?

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
<mailto:ch...@shelbybb.com>> wrote:

Yea, we're affected by NiceHash as well.

Regards,
Chuck

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
<jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:

Speaking of hacks... I've been selling hashing power to
Nicehash, woke up this morning and my miner isn't
running... hmm.

Nicehash's wallet all got emptied to a unknown address
(at least unknown to us, the users). 60 million worth of
BTC. I was about half way to my pay out (minimum 0.01
BTC per payout). No official word yet, tread 
carefully...


Joe

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
<t...@ida.net <mailto:t...@ida.net>> wrote:


I sold 110 coins about 3 years ago and took a huge
loss. I got back in at $6,400/btc and sold at
$9,800. Then I got back in at $10,500 and just sold
this morning at $12,700.

It scares the hell out of me to have money sitting
there, especially when it could crash while I'm
asleep at night... but it's also so addictive to
make huge returns (16% after fees, etc. just this
month).

It's a huge bubble. There is nothing to support it.
When you buy in, you are counting on someone willing
to pay you more than you paid for it, but for no
good reason. It's the .COM era again, except without
the .COM. LOL

Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each�
you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis
   

Re: [AFMUG] BTC 12k+

[Mike Hammett]

https://memegenerator.net/img/instances/500x/25462822/there-are-no-brakes-on-the-hype-train.jpg
 




- 
Mike Hammett 
Intelligent Computing Solutions 

Midwest Internet Exchange 

The Brothers WISP 




- Original Message -

From: "Steve Jones" <thatoneguyst...@gmail.com> 
To: af@afmug.com 
Sent: Wednesday, December 6, 2017 7:04:37 PM 
Subject: Re: [AFMUG] BTC 12k+ 


I am curious, its over 14k right now. whats causing such a substantial gain? 
Given that its "digital infallible" Im wondering if its not an artificial 
inflation 


On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak < jno...@lrcomm.com > wrote: 



I'm glad I'm only out electricity costs, I cash out when I hit the minimum 
don't keep anything on site. With a single card it's been taking maybe 3 or 4 
weeks to hit payout though, and I turn it off when I'm using my PC. 






Joe 


On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones < thatoneguyst...@gmail.com > 
wrote: 



https://www.nicehash.com/ for the TLDR- "we apologize for your rectum 
stretching, we recommend preparation H and have a nice day... seeya wouldnt 
wanna be ya" 





On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones < thatoneguyst...@gmail.com > 
wrote: 





lulz 






On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright < ch...@velociter.net > wrote: 







For Steve. J 
https://www.youtube.com/watch?v=XbZ8zDpX2Mg 

Chris Wright 
Network Administrator 

From: Af [mailto: af-boun...@afmug.com ] On Behalf Of Louis Arsenault 
Sent: Wednesday, December 06, 2017 1:48 PM 
To: Animal Farm 
Subject: Re: [AFMUG] BTC 12k+ 


I can wipe that and make $10... LOL. 





On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews < i...@avantwireless.com > 
wrote: 




To a "Batman" usb drive 

On 12/06/2017 01:27 PM, Sean Heskett wrote: 


don't leave your coin on coinbase move it to a more safe wallet or completely 
off line if you're paranoid 

On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg < ch...@shelbybb.com > wrote: 

I'm waiting for the Coinbase hack...that will really hit hard since 
they are handling more transactions than Mastercard. 

Regards, 
Chuck 

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones 
< thatoneguyst...@gmail.com > wrote: 

how many people who believe this as a "currency" are missing 
FDIC insurance today? 

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg < ch...@shelbybb.com 
> wrote: 

Yea, we're affected by NiceHash as well. 

Regards, 
Chuck 

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak 
< jno...@lrcomm.com > wrote: 

Speaking of hacks... I've been selling hashing power to 
Nicehash, woke up this morning and my miner isn't 
running... hmm. 

Nicehash's wallet all got emptied to a unknown address 
(at least unknown to us, the users). 60 million worth of 
BTC. I was about half way to my pay out (minimum 0.01 
BTC per payout). No official word yet, tread carefully... 


Joe 

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson 
< t...@ida.net > wrote: 

I sold 110 coins about 3 years ago and took a huge 
loss. I got back in at $6,400/btc and sold at 
$9,800. Then I got back in at $10,500 and just sold 
this morning at $12,700. 

It scares the hell out of me to have money sitting 
there, especially when it could crash while I'm 
asleep at night... but it's also so addictive to 
make huge returns (16% after fees, etc. just this 
month). 

It's a huge bubble. There is nothing to support it. 
When you buy in, you are counting on someone willing 
to pay you more than you paid for it, but for no 
good reason. It's the .COM era again, except without 
the .COM. LOL 

Travis 


On 12/6/2017 2:28 AM, Gino A. Villarini wrote: 

Still crying over the 85 I sold at $1k each� 
you still have? 

On 12/5/17, 10:37 PM, "Af on behalf of Travis 
Johnson" 
< af-boun...@afmug.com 
 on behalf of 
t...@ida.net > wrote: 

How high can it go?? When do you sell?? 
What's a "fair" return?? 

Travis 














-- 

-Louis 

NTInet 
O: 803-533-1660 X 207 
C: 803-997-0004 

Re: [AFMUG] BTC 12k+

[Steve Jones]

I am curious, its over 14k right now. whats causing such a substantial
gain? Given that its "digital infallible"  Im wondering if its not an
artificial inflation

On Wed, Dec 6, 2017 at 6:55 PM, Joe Novak <jno...@lrcomm.com> wrote:

> I'm glad I'm only out electricity costs, I cash out when I hit the minimum
> don't keep anything on site. With a single card it's been taking maybe 3 or
> 4 weeks to hit payout though, and I turn it off when I'm using my PC.
>
>
>
> Joe
>
> On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
> wrote:
>
>> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
>> stretching, we recommend preparation H and have a nice day... seeya wouldnt
>> wanna be ya"
>>
>> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
>> wrote:
>>
>>> lulz
>>>
>>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net>
>>> wrote:
>>>
>>>> For Steve. J
>>>>
>>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>>
>>>>
>>>>
>>>> Chris Wright
>>>>
>>>> Network Administrator
>>>>
>>>>
>>>>
>>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis Arsenault
>>>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>>>> *To:* Animal Farm
>>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>>
>>>>
>>>>
>>>> I can wipe that and make $10... LOL.
>>>>
>>>>
>>>>
>>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com>
>>>> wrote:
>>>>
>>>> To a "Batman" usb drive
>>>>
>>>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>>>
>>>> don't leave your coin on coinbase move it to a more safe wallet or
>>>> completely off line if you're paranoid
>>>>
>>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com >>> ch...@shelbybb.com>> wrote:
>>>>
>>>> I'm waiting for the Coinbase hack...that will really hit hard since
>>>> they are handling more transactions than Mastercard.
>>>>
>>>> Regards,
>>>> Chuck
>>>>
>>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>>
>>>> wrote:
>>>>
>>>> how many people who believe this as a "currency" are missing
>>>> FDIC insurance today?
>>>>
>>>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
>>>> <mailto:ch...@shelbybb.com>> wrote:
>>>>
>>>> Yea, we're affected by NiceHash as well.
>>>>
>>>> Regards,
>>>> Chuck
>>>>
>>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
>>>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:
>>>>
>>>> Speaking of hacks... I've been selling hashing power to
>>>> Nicehash, woke up this morning and my miner isn't
>>>> running... hmm.
>>>>
>>>> Nicehash's wallet all got emptied to a unknown address
>>>> (at least unknown to us, the users). 60 million worth of
>>>> BTC. I was about half way to my pay out (minimum 0.01
>>>> BTC per payout). No official word yet, tread
>>>> carefully...
>>>>
>>>>
>>>> Joe
>>>>
>>>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
>>>> <t...@ida.net <mailto:t...@ida.net>> wrote:
>>>>
>>>> I sold 110 coins about 3 years ago and took a huge
>>>> loss. I got back in at $6,400/btc and sold at
>>>> $9,800. Then I got back in at $10,500 and just sold
>>>> this morning at $12,700.
>>>>
>>>> It scares the hell out of me to have money sitting
>>>> there, especially when it could crash while I'm
>>>>   

Re: [AFMUG] BTC 12k+

[Joe Novak]

I'm glad I'm only out electricity costs, I cash out when I hit the minimum
don't keep anything on site. With a single card it's been taking maybe 3 or
4 weeks to hit payout though, and I turn it off when I'm using my PC.



Joe

On Wed, Dec 6, 2017 at 6:38 PM, Steve Jones <thatoneguyst...@gmail.com>
wrote:

> https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
> stretching, we recommend preparation H and have a nice day... seeya wouldnt
> wanna be ya"
>
> On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
> wrote:
>
>> lulz
>>
>> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> wrote:
>>
>>> For Steve. J
>>>
>>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>>
>>>
>>>
>>> Chris Wright
>>>
>>> Network Administrator
>>>
>>>
>>>
>>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis Arsenault
>>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>>> *To:* Animal Farm
>>> *Subject:* Re: [AFMUG] BTC 12k+
>>>
>>>
>>>
>>> I can wipe that and make $10... LOL.
>>>
>>>
>>>
>>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com>
>>> wrote:
>>>
>>> To a "Batman" usb drive
>>>
>>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>>
>>> don't leave your coin on coinbase move it to a more safe wallet or
>>> completely off line if you're paranoid
>>>
>>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com >> ch...@shelbybb.com>> wrote:
>>>
>>> I'm waiting for the Coinbase hack...that will really hit hard since
>>> they are handling more transactions than Mastercard.
>>>
>>> Regards,
>>> Chuck
>>>
>>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>>
>>> wrote:
>>>
>>> how many people who believe this as a "currency" are missing
>>> FDIC insurance today?
>>>
>>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
>>> <mailto:ch...@shelbybb.com>> wrote:
>>>
>>> Yea, we're affected by NiceHash as well.
>>>
>>> Regards,
>>> Chuck
>>>
>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
>>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:
>>>
>>> Speaking of hacks... I've been selling hashing power to
>>> Nicehash, woke up this morning and my miner isn't
>>> running... hmm.
>>>
>>> Nicehash's wallet all got emptied to a unknown address
>>> (at least unknown to us, the users). 60 million worth of
>>> BTC. I was about half way to my pay out (minimum 0.01
>>> BTC per payout). No official word yet, tread carefully...
>>>
>>>
>>> Joe
>>>
>>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
>>> <t...@ida.net <mailto:t...@ida.net>> wrote:
>>>
>>> I sold 110 coins about 3 years ago and took a huge
>>> loss. I got back in at $6,400/btc and sold at
>>> $9,800. Then I got back in at $10,500 and just sold
>>> this morning at $12,700.
>>>
>>> It scares the hell out of me to have money sitting
>>> there, especially when it could crash while I'm
>>> asleep at night... but it's also so addictive to
>>> make huge returns (16% after fees, etc. just this
>>> month).
>>>
>>> It's a huge bubble. There is nothing to support it.
>>> When you buy in, you are counting on someone willing
>>> to pay you more than you paid for it, but for no
>>> good reason. It's the .COM era again, except without
>>> the .COM. LOL
>>>
>>> Travis
>>>
>>>
>>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>>
>>> Still crying over the 85 I sold at $1k each�
>>> you still have?
>>>
>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis
>>> Johnson"
>>> <af-boun...@afmug.com
>>> <mailto:af-boun...@afmug.com> on behalf of
>>> t...@ida.net <mailto:t...@ida.net>> wrote:
>>>
>>> How high can it go?? When do you sell??
>>> What's a "fair" return??
>>>
>>> Travis
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>>
>>> --
>>>
>>> -Louis
>>>
>>> NTInet
>>> O: 803-533-1660 X 207 <(803)%20533-1660>
>>> C: 803-997-0004 <(803)%20997-0004>
>>>
>>
>>
>

Re: [AFMUG] BTC 12k+

[Steve Jones]

https://www.nicehash.com/ for the TLDR- "we apologize for your rectum
stretching, we recommend preparation H and have a nice day... seeya wouldnt
wanna be ya"

On Wed, Dec 6, 2017 at 6:31 PM, Steve Jones <thatoneguyst...@gmail.com>
wrote:

> lulz
>
> On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> wrote:
>
>> For Steve. J
>>
>> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>>
>>
>>
>> Chris Wright
>>
>> Network Administrator
>>
>>
>>
>> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis Arsenault
>> *Sent:* Wednesday, December 06, 2017 1:48 PM
>> *To:* Animal Farm
>> *Subject:* Re: [AFMUG] BTC 12k+
>>
>>
>>
>> I can wipe that and make $10... LOL.
>>
>>
>>
>> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com>
>> wrote:
>>
>> To a "Batman" usb drive
>>
>> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>>
>> don't leave your coin on coinbase move it to a more safe wallet or
>> completely off line if you're paranoid
>>
>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com > ch...@shelbybb.com>> wrote:
>>
>> I'm waiting for the Coinbase hack...that will really hit hard since
>> they are handling more transactions than Mastercard.
>>
>> Regards,
>> Chuck
>>
>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> wrote:
>>
>> how many people who believe this as a "currency" are missing
>> FDIC insurance today?
>>
>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
>> <mailto:ch...@shelbybb.com>> wrote:
>>
>> Yea, we're affected by NiceHash as well.
>>
>> Regards,
>> Chuck
>>
>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
>> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:
>>
>> Speaking of hacks... I've been selling hashing power to
>> Nicehash, woke up this morning and my miner isn't
>> running... hmm.
>>
>> Nicehash's wallet all got emptied to a unknown address
>> (at least unknown to us, the users). 60 million worth of
>> BTC. I was about half way to my pay out (minimum 0.01
>> BTC per payout). No official word yet, tread carefully...
>>
>>
>> Joe
>>
>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
>> <t...@ida.net <mailto:t...@ida.net>> wrote:
>>
>> I sold 110 coins about 3 years ago and took a huge
>> loss. I got back in at $6,400/btc and sold at
>> $9,800. Then I got back in at $10,500 and just sold
>> this morning at $12,700.
>>
>> It scares the hell out of me to have money sitting
>> there, especially when it could crash while I'm
>> asleep at night... but it's also so addictive to
>> make huge returns (16% after fees, etc. just this
>> month).
>>
>> It's a huge bubble. There is nothing to support it.
>> When you buy in, you are counting on someone willing
>> to pay you more than you paid for it, but for no
>> good reason. It's the .COM era again, except without
>> the .COM. LOL
>>
>> Travis
>>
>>
>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>
>> Still crying over the 85 I sold at $1k each�
>> you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis
>> Johnson"
>> <af-boun...@afmug.com
>> <mailto:af-boun...@afmug.com> on behalf of
>> t...@ida.net <mailto:t...@ida.net>> wrote:
>>
>> How high can it go?? When do you sell??
>> What's a "fair" return??
>>
>> Travis
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> --
>>
>> -Louis
>>
>> NTInet
>> O: 803-533-1660 X 207 <(803)%20533-1660>
>> C: 803-997-0004 <(803)%20997-0004>
>>
>
>

Re: [AFMUG] BTC 12k+

[Steve Jones]

lulz

On Wed, Dec 6, 2017 at 6:26 PM, Chris Wright <ch...@velociter.net> wrote:

> For Steve. J
>
> https://www.youtube.com/watch?v=XbZ8zDpX2Mg
>
>
>
> Chris Wright
>
> Network Administrator
>
>
>
> *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Louis Arsenault
> *Sent:* Wednesday, December 06, 2017 1:48 PM
> *To:* Animal Farm
> *Subject:* Re: [AFMUG] BTC 12k+
>
>
>
> I can wipe that and make $10... LOL.
>
>
>
> On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com>
> wrote:
>
> To a "Batman" usb drive
>
> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>
> don't leave your coin on coinbase move it to a more safe wallet or
> completely off line if you're paranoid
>
> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com  ch...@shelbybb.com>> wrote:
>
> I'm waiting for the Coinbase hack...that will really hit hard since
> they are handling more transactions than Mastercard.
>
> Regards,
> Chuck
>
> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
> <thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> wrote:
>
> how many people who believe this as a "currency" are missing
> FDIC insurance today?
>
> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
> <mailto:ch...@shelbybb.com>> wrote:
>
> Yea, we're affected by NiceHash as well.
>
> Regards,
> Chuck
>
> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
> <jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:
>
> Speaking of hacks... I've been selling hashing power to
> Nicehash, woke up this morning and my miner isn't
> running... hmm.
>
> Nicehash's wallet all got emptied to a unknown address
> (at least unknown to us, the users). 60 million worth of
> BTC. I was about half way to my pay out (minimum 0.01
> BTC per payout). No official word yet, tread carefully...
>
>
> Joe
>
> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
> <t...@ida.net <mailto:t...@ida.net>> wrote:
>
> I sold 110 coins about 3 years ago and took a huge
> loss. I got back in at $6,400/btc and sold at
> $9,800. Then I got back in at $10,500 and just sold
> this morning at $12,700.
>
> It scares the hell out of me to have money sitting
> there, especially when it could crash while I'm
> asleep at night... but it's also so addictive to
> make huge returns (16% after fees, etc. just this
> month).
>
> It's a huge bubble. There is nothing to support it.
> When you buy in, you are counting on someone willing
> to pay you more than you paid for it, but for no
> good reason. It's the .COM era again, except without
> the .COM. LOL
>
> Travis
>
>
> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>
> Still crying over the 85 I sold at $1k each�
> you still have?
>
> On 12/5/17, 10:37 PM, "Af on behalf of Travis
> Johnson"
> <af-boun...@afmug.com
> <mailto:af-boun...@afmug.com> on behalf of
> t...@ida.net <mailto:t...@ida.net>> wrote:
>
> How high can it go?? When do you sell??
> What's a "fair" return??
>
> Travis
>
>
>
>
>
>
>
>
>
>
>
> --
>
> -Louis
>
> NTInet
> O: 803-533-1660 X 207 <(803)%20533-1660>
> C: 803-997-0004 <(803)%20997-0004>
>

Re: [AFMUG] BTC 12k+

[Chris Wright]

For Steve. J

https://www.youtube.com/watch?v=XbZ8zDpX2Mg

 

Chris Wright

Network Administrator

 

From: Af [mailto:af-boun...@afmug.com] On Behalf Of Louis Arsenault
Sent: Wednesday, December 06, 2017 1:48 PM
To: Animal Farm
Subject: Re: [AFMUG] BTC 12k+

 

I can wipe that and make $10... LOL.

 

On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews <i...@avantwireless.com> wrote:

To a "Batman" usb drive

On 12/06/2017 01:27 PM, Sean Heskett wrote:

don't leave your coin on coinbase move it to a more safe wallet or completely 
off line if you're paranoid

On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg <ch...@shelbybb.com 
<mailto:ch...@shelbybb.com>> wrote:

I'm waiting for the Coinbase hack...that will really hit hard since
they are handling more transactions than Mastercard.

Regards,
Chuck

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
<thatoneguyst...@gmail.com <mailto:thatoneguyst...@gmail.com>> wrote:

how many people who believe this as a "currency" are missing
FDIC insurance today?

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com
<mailto:ch...@shelbybb.com>> wrote:

Yea, we're affected by NiceHash as well.

Regards,
Chuck

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
<jno...@lrcomm.com <mailto:jno...@lrcomm.com>> wrote:

Speaking of hacks... I've been selling hashing power to
Nicehash, woke up this morning and my miner isn't
running... hmm.

Nicehash's wallet all got emptied to a unknown address
(at least unknown to us, the users). 60 million worth of
BTC. I was about half way to my pay out (minimum 0.01
BTC per payout). No official word yet, tread carefully...


Joe

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
<t...@ida.net <mailto:t...@ida.net>> wrote:

I sold 110 coins about 3 years ago and took a huge
loss. I got back in at $6,400/btc and sold at
$9,800. Then I got back in at $10,500 and just sold
this morning at $12,700.

It scares the hell out of me to have money sitting
there, especially when it could crash while I'm
asleep at night... but it's also so addictive to
make huge returns (16% after fees, etc. just this
month).

It's a huge bubble. There is nothing to support it.
When you buy in, you are counting on someone willing
to pay you more than you paid for it, but for no
good reason. It's the .COM era again, except without
the .COM. LOL

Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each�
you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis
Johnson"
<af-boun...@afmug.com
<mailto:af-boun...@afmug.com> on behalf of
t...@ida.net <mailto:t...@ida.net>> wrote:

How high can it go?? When do you sell??
What's a "fair" return??

Travis













 

-- 

-Louis

NTInet
O: 803-533-1660 X 207
C: 803-997-0004

Re: [AFMUG] BTC 12k+

[Louis Arsenault]

I can wipe that and make $10... LOL.

On Wed, Dec 6, 2017 at 4:40 PM, Robert Andrews 
wrote:

> To a "Batman" usb drive
>
> On 12/06/2017 01:27 PM, Sean Heskett wrote:
>
>> don't leave your coin on coinbase move it to a more safe wallet or
>> completely off line if you're paranoid
>>
>> On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg  ch...@shelbybb.com>> wrote:
>>
>> I'm waiting for the Coinbase hack...that will really hit hard since
>> they are handling more transactions than Mastercard.
>>
>> Regards,
>> Chuck
>>
>> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
>> > wrote:
>>
>> how many people who believe this as a "currency" are missing
>> FDIC insurance today?
>>
>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg > > wrote:
>>
>> Yea, we're affected by NiceHash as well.
>>
>> Regards,
>> Chuck
>>
>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
>> > wrote:
>>
>> Speaking of hacks... I've been selling hashing power to
>> Nicehash, woke up this morning and my miner isn't
>> running... hmm.
>>
>> Nicehash's wallet all got emptied to a unknown address
>> (at least unknown to us, the users). 60 million worth of
>> BTC. I was about half way to my pay out (minimum 0.01
>> BTC per payout). No official word yet, tread carefully...
>>
>>
>> Joe
>>
>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
>> > wrote:
>>
>> I sold 110 coins about 3 years ago and took a huge
>> loss. I got back in at $6,400/btc and sold at
>> $9,800. Then I got back in at $10,500 and just sold
>> this morning at $12,700.
>>
>> It scares the hell out of me to have money sitting
>> there, especially when it could crash while I'm
>> asleep at night... but it's also so addictive to
>> make huge returns (16% after fees, etc. just this
>> month).
>>
>> It's a huge bubble. There is nothing to support it.
>> When you buy in, you are counting on someone willing
>> to pay you more than you paid for it, but for no
>> good reason. It's the .COM era again, except without
>> the .COM. LOL
>>
>> Travis
>>
>>
>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>
>> Still crying over the 85 I sold at $1k each�
>> you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis
>> Johnson"
>> >  on behalf of
>> t...@ida.net > wrote:
>>
>> How high can it go?? When do you sell??
>> What's a "fair" return??
>>
>> Travis
>>
>>
>>
>>
>>
>>
>>
>>
>>


-- 
-Louis

NTInet
O: 803-533-1660 X 207
C: 803-997-0004

Re: [AFMUG] BTC 12k+

[Robert Andrews]

To a "Batman" usb drive

On 12/06/2017 01:27 PM, Sean Heskett wrote:
don't leave your coin on coinbase move it to a more safe wallet or 
completely off line if you're paranoid


On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg > wrote:


I'm waiting for the Coinbase hack...that will really hit hard since
they are handling more transactions than Mastercard.

Regards,
Chuck

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones
> wrote:

how many people who believe this as a "currency" are missing
FDIC insurance today?

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg > wrote:

Yea, we're affected by NiceHash as well.

Regards,
Chuck

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak
> wrote:

Speaking of hacks... I've been selling hashing power to
Nicehash, woke up this morning and my miner isn't
running... hmm.

Nicehash's wallet all got emptied to a unknown address
(at least unknown to us, the users). 60 million worth of
BTC. I was about half way to my pay out (minimum 0.01
BTC per payout). No official word yet, tread carefully...


Joe

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson
> wrote:

I sold 110 coins about 3 years ago and took a huge
loss. I got back in at $6,400/btc and sold at
$9,800. Then I got back in at $10,500 and just sold
this morning at $12,700.

It scares the hell out of me to have money sitting
there, especially when it could crash while I'm
asleep at night... but it's also so addictive to
make huge returns (16% after fees, etc. just this
month).

It's a huge bubble. There is nothing to support it.
When you buy in, you are counting on someone willing
to pay you more than you paid for it, but for no
good reason. It's the .COM era again, except without
the .COM. LOL

Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each�
you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis
Johnson"
 on behalf of
t...@ida.net > wrote:

How high can it go?? When do you sell??
What's a "fair" return??

Travis

Re: [AFMUG] BTC 12k+

[Chris Wright]

Eh, I’m out about fifteen bucks. You can (and should) set it up to 
automatically transfer your BTC to your personal wallet when it reaches the 
minimum amount (0.01 BTC, or about $130 US), but some people opted to keep all 
their accruals in NiceHash’s wallet and now they’re paying the hefty price. So 
if you were using them *correctly*, you’d only be out less than 0.01 BTC.

 

Chris Wright

Network Administrator

 

From: Af [mailto:af-boun...@afmug.com] On Behalf Of Steve Jones
Sent: Wednesday, December 06, 2017 12:58 PM
To: af@afmug.com
Subject: Re: [AFMUG] BTC 12k+

 

how many people who believe this as a "currency" are missing FDIC insurance 
today?

 

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg <ch...@shelbybb.com> wrote:

Yea, we're affected by NiceHash as well.




Regards,
Chuck

 

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak <jno...@lrcomm.com> wrote:

Speaking of hacks... I've been selling hashing power to Nicehash, woke up this 
morning and my miner isn't running... hmm.

 

Nicehash's wallet all got emptied to a unknown address (at least unknown to us, 
the users). 60 million worth of BTC. I was about half way to my pay out 
(minimum 0.01 BTC per payout). No official word yet, tread carefully...

 

 

Joe

 

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson <t...@ida.net> wrote:

I sold 110 coins about 3 years ago and took a huge loss. I got back in at 
$6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold this 
morning at $12,700.

It scares the hell out of me to have money sitting there, especially when it 
could crash while I'm asleep at night... but it's also so addictive to make 
huge returns (16% after fees, etc. just this month).

It's a huge bubble. There is nothing to support it. When you buy in, you are 
counting on someone willing to pay you more than you paid for it, but for no 
good reason. It's the .COM era again, except without the .COM. LOL

Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each� you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
<af-boun...@afmug.com on behalf of t...@ida.net> wrote:

How high can it go?? When do you sell?? What's a "fair" return??

Travis

 

 

 

 

 

Re: [AFMUG] BTC 12k+

[Sean Heskett]

don't leave your coin on coinbase move it to a more safe wallet or
completely off line if you're paranoid

On Wed, Dec 6, 2017 at 2:09 PM, Chuck Hogg  wrote:

> I'm waiting for the Coinbase hack...that will really hit hard since they
> are handling more transactions than Mastercard.
>
> Regards,
> Chuck
>
> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones 
> wrote:
>
>> how many people who believe this as a "currency" are missing FDIC
>> insurance today?
>>
>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg  wrote:
>>
>>> Yea, we're affected by NiceHash as well.
>>>
>>> Regards,
>>> Chuck
>>>
>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak  wrote:
>>>
 Speaking of hacks... I've been selling hashing power to Nicehash, woke
 up this morning and my miner isn't running... hmm.

 Nicehash's wallet all got emptied to a unknown address (at least
 unknown to us, the users). 60 million worth of BTC. I was about half way to
 my pay out (minimum 0.01 BTC per payout). No official word yet, tread
 carefully...


 Joe

 On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:

> I sold 110 coins about 3 years ago and took a huge loss. I got back in
> at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just
> sold this morning at $12,700.
>
> It scares the hell out of me to have money sitting there, especially
> when it could crash while I'm asleep at night... but it's also so 
> addictive
> to make huge returns (16% after fees, etc. just this month).
>
> It's a huge bubble. There is nothing to support it. When you buy in,
> you are counting on someone willing to pay you more than you paid for it,
> but for no good reason. It's the .COM era again, except without the .COM.
> LOL
>
> Travis
>
>
> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>
>> Still crying over the 85 I sold at $1k each� you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>  wrote:
>>
>> How high can it go?? When do you sell?? What's a "fair" return??
>>>
>>> Travis
>>>
>>>
>>
>

>>>
>>
>

Re: [AFMUG] BTC 12k+

[Steve Jones]

dont worry, can always fix this unbreakable system with a hardfork, lol

On Wed, Dec 6, 2017 at 3:09 PM, Chuck Hogg  wrote:

> I'm waiting for the Coinbase hack...that will really hit hard since they
> are handling more transactions than Mastercard.
>
> Regards,
> Chuck
>
> On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones 
> wrote:
>
>> how many people who believe this as a "currency" are missing FDIC
>> insurance today?
>>
>> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg  wrote:
>>
>>> Yea, we're affected by NiceHash as well.
>>>
>>> Regards,
>>> Chuck
>>>
>>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak  wrote:
>>>
 Speaking of hacks... I've been selling hashing power to Nicehash, woke
 up this morning and my miner isn't running... hmm.

 Nicehash's wallet all got emptied to a unknown address (at least
 unknown to us, the users). 60 million worth of BTC. I was about half way to
 my pay out (minimum 0.01 BTC per payout). No official word yet, tread
 carefully...


 Joe

 On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:

> I sold 110 coins about 3 years ago and took a huge loss. I got back in
> at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just
> sold this morning at $12,700.
>
> It scares the hell out of me to have money sitting there, especially
> when it could crash while I'm asleep at night... but it's also so 
> addictive
> to make huge returns (16% after fees, etc. just this month).
>
> It's a huge bubble. There is nothing to support it. When you buy in,
> you are counting on someone willing to pay you more than you paid for it,
> but for no good reason. It's the .COM era again, except without the .COM.
> LOL
>
> Travis
>
>
> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>
>> Still crying over the 85 I sold at $1k each� you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>  wrote:
>>
>> How high can it go?? When do you sell?? What's a "fair" return??
>>>
>>> Travis
>>>
>>>
>>
>

>>>
>>
>

Re: [AFMUG] BTC 12k+

[Chuck Hogg]

I'm waiting for the Coinbase hack...that will really hit hard since they
are handling more transactions than Mastercard.

Regards,
Chuck

On Wed, Dec 6, 2017 at 3:57 PM, Steve Jones 
wrote:

> how many people who believe this as a "currency" are missing FDIC
> insurance today?
>
> On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg  wrote:
>
>> Yea, we're affected by NiceHash as well.
>>
>> Regards,
>> Chuck
>>
>> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak  wrote:
>>
>>> Speaking of hacks... I've been selling hashing power to Nicehash, woke
>>> up this morning and my miner isn't running... hmm.
>>>
>>> Nicehash's wallet all got emptied to a unknown address (at least unknown
>>> to us, the users). 60 million worth of BTC. I was about half way to my pay
>>> out (minimum 0.01 BTC per payout). No official word yet, tread carefully...
>>>
>>>
>>> Joe
>>>
>>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:
>>>
 I sold 110 coins about 3 years ago and took a huge loss. I got back in
 at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just
 sold this morning at $12,700.

 It scares the hell out of me to have money sitting there, especially
 when it could crash while I'm asleep at night... but it's also so addictive
 to make huge returns (16% after fees, etc. just this month).

 It's a huge bubble. There is nothing to support it. When you buy in,
 you are counting on someone willing to pay you more than you paid for it,
 but for no good reason. It's the .COM era again, except without the .COM.
 LOL

 Travis


 On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

> Still crying over the 85 I sold at $1k each� you still have?
>
> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>  wrote:
>
> How high can it go?? When do you sell?? What's a "fair" return??
>>
>> Travis
>>
>>
>

>>>
>>
>

Re: [AFMUG] BTC 12k+ Now $13k+

[Steve Jones]

I so much wish I knew more stuff. can you imagine hacking smart meters to
do distributed mining. everybody looks at the smartgrid for malicious
activity, this would offset the electricity costs

On Wed, Dec 6, 2017 at 2:41 PM, Gino A. Villarini  wrote:

>
>
> On 12/6/17, 5:28 AM, "Af on behalf of Gino A. Villarini"
>  wrote:
>
> >Still crying over the 85 I sold at $1k eachŠ you still have?
> >
> >On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
> > wrote:
> >
> >>How high can it go?? When do you sell?? What's a "fair" return??
> >>
> >>Travis
> >>
> >
>
>

Re: [AFMUG] BTC 12k+

[Steve Jones]

how many people who believe this as a "currency" are missing FDIC insurance
today?

On Wed, Dec 6, 2017 at 2:40 PM, Chuck Hogg  wrote:

> Yea, we're affected by NiceHash as well.
>
> Regards,
> Chuck
>
> On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak  wrote:
>
>> Speaking of hacks... I've been selling hashing power to Nicehash, woke up
>> this morning and my miner isn't running... hmm.
>>
>> Nicehash's wallet all got emptied to a unknown address (at least unknown
>> to us, the users). 60 million worth of BTC. I was about half way to my pay
>> out (minimum 0.01 BTC per payout). No official word yet, tread carefully...
>>
>>
>> Joe
>>
>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:
>>
>>> I sold 110 coins about 3 years ago and took a huge loss. I got back in
>>> at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just
>>> sold this morning at $12,700.
>>>
>>> It scares the hell out of me to have money sitting there, especially
>>> when it could crash while I'm asleep at night... but it's also so addictive
>>> to make huge returns (16% after fees, etc. just this month).
>>>
>>> It's a huge bubble. There is nothing to support it. When you buy in, you
>>> are counting on someone willing to pay you more than you paid for it, but
>>> for no good reason. It's the .COM era again, except without the .COM. LOL
>>>
>>> Travis
>>>
>>>
>>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>>
 Still crying over the 85 I sold at $1k each� you still have?

 On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
  wrote:

 How high can it go?? When do you sell?? What's a "fair" return??
>
> Travis
>
>

>>>
>>
>

Re: [AFMUG] BTC 12k+ Now $13k+

[Gino A. Villarini]

On 12/6/17, 5:28 AM, "Af on behalf of Gino A. Villarini"
 wrote:

>Still crying over the 85 I sold at $1k eachŠ you still have?
>
>On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
> wrote:
>
>>How high can it go?? When do you sell?? What's a "fair" return??
>>
>>Travis
>>
>

Re: [AFMUG] BTC 12k+

[Chuck Hogg]

Yea, we're affected by NiceHash as well.

Regards,
Chuck

On Wed, Dec 6, 2017 at 12:36 PM, Joe Novak  wrote:

> Speaking of hacks... I've been selling hashing power to Nicehash, woke up
> this morning and my miner isn't running... hmm.
>
> Nicehash's wallet all got emptied to a unknown address (at least unknown
> to us, the users). 60 million worth of BTC. I was about half way to my pay
> out (minimum 0.01 BTC per payout). No official word yet, tread carefully...
>
>
> Joe
>
> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:
>
>> I sold 110 coins about 3 years ago and took a huge loss. I got back in at
>> $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold
>> this morning at $12,700.
>>
>> It scares the hell out of me to have money sitting there, especially when
>> it could crash while I'm asleep at night... but it's also so addictive to
>> make huge returns (16% after fees, etc. just this month).
>>
>> It's a huge bubble. There is nothing to support it. When you buy in, you
>> are counting on someone willing to pay you more than you paid for it, but
>> for no good reason. It's the .COM era again, except without the .COM. LOL
>>
>> Travis
>>
>>
>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>
>>> Still crying over the 85 I sold at $1k each� you still have?
>>>
>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>>  wrote:
>>>
>>> How high can it go?? When do you sell?? What's a "fair" return??

 Travis


>>>
>>
>

Re: [AFMUG] BTC 12k+

[Mathew Howard]

Only one way to find out...

On Dec 6, 2017 12:33 PM, "Chuck McCown" <ch...@wbmfg.com> wrote:

> I wonder if they taste like onion?
>
> *From:* Mathew Howard
> *Sent:* Wednesday, December 06, 2017 11:33 AM
> *To:* af
> *Subject:* Re: [AFMUG] BTC 12k+
>
> Someday, rare tulip bulbs will be used as currency. Get them now before
> the price goes up!
>
> On Dec 6, 2017 12:31 PM, "Chuck McCown" <ch...@wbmfg.com> wrote:
>
>> I have some very rare tulip bulbs for sale.  Only 12 available at $1K
>> each...
>>
>> *From:* Steve Jones
>> *Sent:* Wednesday, December 06, 2017 11:25 AM
>> *To:* af@afmug.com
>> *Subject:* Re: [AFMUG] BTC 12k+
>>
>> thats how pyramid schemes always work. Bernie Madhoff approves
>>
>> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson <t...@ida.net> wrote:
>>
>>> I sold 110 coins about 3 years ago and took a huge loss. I got back in
>>> at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just
>>> sold this morning at $12,700.
>>>
>>> It scares the hell out of me to have money sitting there, especially
>>> when it could crash while I'm asleep at night... but it's also so addictive
>>> to make huge returns (16% after fees, etc. just this month).
>>>
>>> It's a huge bubble. There is nothing to support it. When you buy in, you
>>> are counting on someone willing to pay you more than you paid for it, but
>>> for no good reason. It's the .COM era again, except without the .COM. LOL
>>>
>>> Travis
>>>
>>>
>>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>>
>>>> Still crying over the 85 I sold at $1k each� you still have?
>>>>
>>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>>> <af-boun...@afmug.com on behalf of t...@ida.net> wrote:
>>>>
>>>> How high can it go?? When do you sell?? What's a "fair" return??
>>>>>
>>>>> Travis
>>>>>
>>>>>
>>>>
>>>
>>
>

Re: [AFMUG] BTC 12k+

[Chuck McCown]

I wonder if they taste like onion?

From: Mathew Howard 
Sent: Wednesday, December 06, 2017 11:33 AM
To: af 
Subject: Re: [AFMUG] BTC 12k+

Someday, rare tulip bulbs will be used as currency. Get them now before the 
price goes up! 

On Dec 6, 2017 12:31 PM, "Chuck McCown" <ch...@wbmfg.com> wrote:

  I have some very rare tulip bulbs for sale.  Only 12 available at $1K each...

  From: Steve Jones 
  Sent: Wednesday, December 06, 2017 11:25 AM
  To: af@afmug.com 
  Subject: Re: [AFMUG] BTC 12k+

  thats how pyramid schemes always work. Bernie Madhoff approves

  On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson <t...@ida.net> wrote:

I sold 110 coins about 3 years ago and took a huge loss. I got back in at 
$6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold this 
morning at $12,700.

It scares the hell out of me to have money sitting there, especially when 
it could crash while I'm asleep at night... but it's also so addictive to make 
huge returns (16% after fees, etc. just this month).

It's a huge bubble. There is nothing to support it. When you buy in, you 
are counting on someone willing to pay you more than you paid for it, but for 
no good reason. It's the .COM era again, except without the .COM. LOL

Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

  Still crying over the 85 I sold at $1k each� you still have?

  On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
  <af-boun...@afmug.com on behalf of t...@ida.net> wrote:


How high can it go?? When do you sell?? What's a "fair" return??

Travis

Re: [AFMUG] BTC 12k+

[Mathew Howard]

Someday, rare tulip bulbs will be used as currency. Get them now before the
price goes up!

On Dec 6, 2017 12:31 PM, "Chuck McCown" <ch...@wbmfg.com> wrote:

> I have some very rare tulip bulbs for sale.  Only 12 available at $1K
> each...
>
> *From:* Steve Jones
> *Sent:* Wednesday, December 06, 2017 11:25 AM
> *To:* af@afmug.com
> *Subject:* Re: [AFMUG] BTC 12k+
>
> thats how pyramid schemes always work. Bernie Madhoff approves
>
> On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson <t...@ida.net> wrote:
>
>> I sold 110 coins about 3 years ago and took a huge loss. I got back in at
>> $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold
>> this morning at $12,700.
>>
>> It scares the hell out of me to have money sitting there, especially when
>> it could crash while I'm asleep at night... but it's also so addictive to
>> make huge returns (16% after fees, etc. just this month).
>>
>> It's a huge bubble. There is nothing to support it. When you buy in, you
>> are counting on someone willing to pay you more than you paid for it, but
>> for no good reason. It's the .COM era again, except without the .COM. LOL
>>
>> Travis
>>
>>
>> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>>
>>> Still crying over the 85 I sold at $1k each� you still have?
>>>
>>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>> <af-boun...@afmug.com on behalf of t...@ida.net> wrote:
>>>
>>> How high can it go?? When do you sell?? What's a "fair" return??
>>>>
>>>> Travis
>>>>
>>>>
>>>
>>
>

Re: [AFMUG] BTC 12k+

[Chuck McCown]

I have some very rare tulip bulbs for sale.  Only 12 available at $1K each...

From: Steve Jones 
Sent: Wednesday, December 06, 2017 11:25 AM
To: af@afmug.com 
Subject: Re: [AFMUG] BTC 12k+

thats how pyramid schemes always work. Bernie Madhoff approves

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson <t...@ida.net> wrote:

  I sold 110 coins about 3 years ago and took a huge loss. I got back in at 
$6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold this 
morning at $12,700.

  It scares the hell out of me to have money sitting there, especially when it 
could crash while I'm asleep at night... but it's also so addictive to make 
huge returns (16% after fees, etc. just this month).

  It's a huge bubble. There is nothing to support it. When you buy in, you are 
counting on someone willing to pay you more than you paid for it, but for no 
good reason. It's the .COM era again, except without the .COM. LOL

  Travis


  On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each� you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
<af-boun...@afmug.com on behalf of t...@ida.net> wrote:


  How high can it go?? When do you sell?? What's a "fair" return??

  Travis

Re: [AFMUG] BTC 12k+

[Steve Jones]

thats how pyramid schemes always work. Bernie Madhoff approves

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:

> I sold 110 coins about 3 years ago and took a huge loss. I got back in at
> $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold
> this morning at $12,700.
>
> It scares the hell out of me to have money sitting there, especially when
> it could crash while I'm asleep at night... but it's also so addictive to
> make huge returns (16% after fees, etc. just this month).
>
> It's a huge bubble. There is nothing to support it. When you buy in, you
> are counting on someone willing to pay you more than you paid for it, but
> for no good reason. It's the .COM era again, except without the .COM. LOL
>
> Travis
>
>
> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>
>> Still crying over the 85 I sold at $1k each� you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>  wrote:
>>
>> How high can it go?? When do you sell?? What's a "fair" return??
>>>
>>> Travis
>>>
>>>
>>
>

Re: [AFMUG] BTC 12k+

[Joe Novak]

Speaking of hacks... I've been selling hashing power to Nicehash, woke up
this morning and my miner isn't running... hmm.

Nicehash's wallet all got emptied to a unknown address (at least unknown to
us, the users). 60 million worth of BTC. I was about half way to my pay out
(minimum 0.01 BTC per payout). No official word yet, tread carefully...


Joe

On Wed, Dec 6, 2017 at 11:27 AM, Travis Johnson  wrote:

> I sold 110 coins about 3 years ago and took a huge loss. I got back in at
> $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just sold
> this morning at $12,700.
>
> It scares the hell out of me to have money sitting there, especially when
> it could crash while I'm asleep at night... but it's also so addictive to
> make huge returns (16% after fees, etc. just this month).
>
> It's a huge bubble. There is nothing to support it. When you buy in, you
> are counting on someone willing to pay you more than you paid for it, but
> for no good reason. It's the .COM era again, except without the .COM. LOL
>
> Travis
>
>
> On 12/6/2017 2:28 AM, Gino A. Villarini wrote:
>
>> Still crying over the 85 I sold at $1k each� you still have?
>>
>> On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
>>  wrote:
>>
>> How high can it go?? When do you sell?? What's a "fair" return??
>>>
>>> Travis
>>>
>>>
>>
>

Re: [AFMUG] BTC 12k+

[Travis Johnson]

I sold 110 coins about 3 years ago and took a huge loss. I got back in 
at $6,400/btc and sold at $9,800. Then I got back in at $10,500 and just 
sold this morning at $12,700.


It scares the hell out of me to have money sitting there, especially 
when it could crash while I'm asleep at night... but it's also so 
addictive to make huge returns (16% after fees, etc. just this month).


It's a huge bubble. There is nothing to support it. When you buy in, you 
are counting on someone willing to pay you more than you paid for it, 
but for no good reason. It's the .COM era again, except without the 
.COM. LOL


Travis


On 12/6/2017 2:28 AM, Gino A. Villarini wrote:

Still crying over the 85 I sold at $1k each� you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
 wrote:


How high can it go?? When do you sell?? What's a "fair" return??

Travis

Re: [AFMUG] BTC 12k+

[Josh Reynolds]

Because in the end, things became less *ahem* anonymous than originally
intended. Later cryptocurrencies have somewhat fixed this issue.

On Dec 6, 2017 2:36 AM, "CBB - Jay Fuller" <par...@cyberbroadband.net>
wrote:

>
> I obviously don't understand this but if it is a crypto currency, how does
> the gov'mt know i "cashed out" and charge me cap gains tax?
> how does the gov'mt tax my gold bullion bar when i use it to buy my big
> mac after the apocalypse?
>
>
> - Original Message -
> *From:* Steve Jones <thatoneguyst...@gmail.com>
> *To:* af@afmug.com
> *Sent:* Tuesday, December 5, 2017 8:51 PM
> *Subject:* Re: [AFMUG] BTC 12k+
>
> This is getting insane. So many people are getting so rich. When this
> bubble bursts though its going to be bedlam. Imagine the proposed laws that
> are going to be presented. This may be a moment in history where we get to
> witness something as momentous as the moon landing. As long as governments
> and major corps dont vest we wont have to see 1929.
>
> Im negative about cryprocurrency replacing money because i understand the
> concept of electricity. But i read an article the other day so negative it
> made me want to take another mortgage and buy in to spite the author. It
> was about getting in more than a year ago and how it would basically be a
> disaster because capital gains tax. His math was even correct and still it
> was a bad thing, because apparently making a shit ton after taxes is
> utterly aweful and terribly poor financial decision.
>
> On Dec 5, 2017 8:37 PM, "Travis Johnson" <t...@ida.net> wrote:
>
> How high can it go?? When do you sell?? What's a "fair" return??
>
> Travis
>
>
>

Re: [AFMUG] BTC 12k+

[Gino A. Villarini]

Still crying over the 85 I sold at $1k eachŠ you still have?

On 12/5/17, 10:37 PM, "Af on behalf of Travis Johnson"
 wrote:

>How high can it go?? When do you sell?? What's a "fair" return??
>
>Travis
>

Re: [AFMUG] BTC 12k+

[CBB - Jay Fuller]

I obviously don't understand this but if it is a crypto currency, how does the 
gov'mt know i "cashed out" and charge me cap gains tax?
how does the gov'mt tax my gold bullion bar when i use it to buy my big mac 
after the apocalypse?

  - Original Message - 
  From: Steve Jones 
  To: af@afmug.com 
  Sent: Tuesday, December 5, 2017 8:51 PM
  Subject: Re: [AFMUG] BTC 12k+


  This is getting insane. So many people are getting so rich. When this bubble 
bursts though its going to be bedlam. Imagine the proposed laws that are going 
to be presented. This may be a moment in history where we get to witness 
something as momentous as the moon landing. As long as governments and major 
corps dont vest we wont have to see 1929.


  Im negative about cryprocurrency replacing money because i understand the 
concept of electricity. But i read an article the other day so negative it made 
me want to take another mortgage and buy in to spite the author. It was about 
getting in more than a year ago and how it would basically be a disaster 
because capital gains tax. His math was even correct and still it was a bad 
thing, because apparently making a shit ton after taxes is utterly aweful and 
terribly poor financial decision.


  On Dec 5, 2017 8:37 PM, "Travis Johnson" <t...@ida.net> wrote:

How high can it go?? When do you sell?? What's a "fair" return??

Travis

Re: [AFMUG] BTC 12k+

[Simon Westlake]

Every time it goes up another $1k, I keep saying, it'd be stupid to buy 
it now. But if I'd bought 1 bitcoin a month ago, I'd have made almost 5k 
already.


On 12/5/2017 9:22 PM, Steve Jones wrote:
If somebody does another robbery and they fork again, i will mortgage. 
Its going to survive one more and rebound. 3rd fork will be the coffin 
nail though


On Dec 5, 2017 9:18 PM, "Lewis Bergman" > wrote:


Wait till the twins sell their billion worth and see what happens.
If it is like regular currency, the value won't change significantly.

On Tue, Dec 5, 2017, 8:37 PM Travis Johnson > wrote:

How high can it go?? When do you sell?? What's a "fair" return??

Travis



--
Simon Westlake
Email: simon@sonar.software
Phone: (702) 447-1247 US / (780) 900-1180 CA
---
Sonar Software Inc
The future of ISP billing and OSS
https://sonar.software

Re: [AFMUG] BTC 12k+

[Steve Jones]

If somebody does another robbery and they fork again, i will mortgage. Its
going to survive one more and rebound. 3rd fork will be the coffin nail
though

On Dec 5, 2017 9:18 PM, "Lewis Bergman"  wrote:

> Wait till the twins sell their billion worth and see what happens. If it
> is like regular currency, the value won't change significantly.
>
> On Tue, Dec 5, 2017, 8:37 PM Travis Johnson  wrote:
>
>> How high can it go?? When do you sell?? What's a "fair" return??
>>
>> Travis
>>
>>

Re: [AFMUG] BTC 12k+

[Lewis Bergman]

Wait till the twins sell their billion worth and see what happens. If it is
like regular currency, the value won't change significantly.

On Tue, Dec 5, 2017, 8:37 PM Travis Johnson  wrote:

> How high can it go?? When do you sell?? What's a "fair" return??
>
> Travis
>
>

Re: [AFMUG] BTC 12k+

[Steve Jones]

This is getting insane. So many people are getting so rich. When this
bubble bursts though its going to be bedlam. Imagine the proposed laws that
are going to be presented. This may be a moment in history where we get to
witness something as momentous as the moon landing. As long as governments
and major corps dont vest we wont have to see 1929.

Im negative about cryprocurrency replacing money because i understand the
concept of electricity. But i read an article the other day so negative it
made me want to take another mortgage and buy in to spite the author. It
was about getting in more than a year ago and how it would basically be a
disaster because capital gains tax. His math was even correct and still it
was a bad thing, because apparently making a shit ton after taxes is
utterly aweful and terribly poor financial decision.

On Dec 5, 2017 8:37 PM, "Travis Johnson"  wrote:

How high can it go?? When do you sell?? What's a "fair" return??

Travis

[AFMUG] BTC 12k+

[Travis Johnson]

How high can it go?? When do you sell?? What's a "fair" return??

Travis