You just need a regular desktop with the fastest CPU you can afford, water cooled and overclocked. Make sure the mobo supports OC and everything else can be stock. And of course use the miner in my sig.  Thanks for the assistance. What I am planning to test mining on is https://z.cash/Right now I think it can be mined only be CPU. They have a testnet and I would like to play around with mining there. Do you think it will switch to GPU mining later once a mainnet is already set up? I have noticed that most of the POW coins started with CPU mining then GPU mining later started. I have also read that the zcash developers want it only to be mined by CPU only. Is that possible? |
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If a coin is mined via CPU only what set up will you recommend? Please give me all the details, specs, name of brand and also the price. Thank you very much.
CPU mining consumes more energy than the return of coins. This being said, if you really want to mine with CPU nowadays you clearly need one with AES-NI capabilities. I see. Can you tell me in detail like what board, CPU, how many GB of RAM, etc would you recommend? That will be a really helpful start. |
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If a coin is mined via CPU only what set up will you recommend? Please give me all the details, specs, name of brand and also the price. Thank you very much.
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Whether reversible transactions is good or bad is arguable. But the main thing to point out here is the public feels safe and secure if they have the ability to reverse their actions just in case they made a mistake. They are willing to for trust to be handled by a centralized entity just to have that feature. We as humans are used to being "baby sitted" and that is what makes us sheep with our overlords "watching" over us to keep us "safe" from harm.
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I disagree, bitcoin can certainly be regulated. You just watch.
As far as OP goes, when I sell something on Ebay I have immediate access to my money. So that must vary among countries, and I'm sure if a bank or whatever decided to start using bitcoin as a currency, its use could be regulated just like this. At least that's how I imagine it--and I'm not an economist or politician, so take my opinion for exactly how much you paid for it.
The government sure can "regulate" it. But regulation and control are two different animals. They can say "you cannot do this or that" but all they are doing is pushing it to the underground. The more they push it there the more will it be harder to regulate. The black market would welcome this with open arms. So the government better study it thoroughly before those clueless politicians make laws to "regulate" bitcoin. |
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I would think that the actual number of people using bitcoin is falling. It is being viewed more as a way to invest fiat to profit in even more fiat. So for most people outside this community is a commodity not a currency. If bitcoin is to be a currency and have growth in everyday usage then have salaries given in bitcoin. The bitcoin entrepreneurs have this responsibility. I believe blockchain.io give their employees bitcoins for the salaries. Others should follow.
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If you mean "lost" = lose in gambling, yes. I have lost little amounts in gambling from time to time. They add up and realize that all that money was wasted for a few cheap thrills.
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I refuse to use the services of the ones who were behind the Gavin fork. I think Coinbase's CEO was one of them who was pushing for XT. That move was driven by self interests, their hidden agenda and a total lack of concern for the bitcoin community.
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Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.
It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately. |
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Under the right circumstances both bitcoin and gold make good vehicles for long term investments. But I prefer bitcoins because it is much more awesome.  |
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There is no depth in the market probably. No walls, no supports. That's why it is being manipulated easily. Simply there isn't enough volume in the market to resist whales with big wallets.
I agree with you. Forex trades in volumes that go over trillions of dollars 24/7, all around the world. Bitcoin trades in volume that is less than some of the top companies' stocks in the US. We are under the impression and illusion that bitcoin is on its way to rule the world. It is not. |
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This can be challeging but, i have tried the strategy below:
walk into any offline store i.e (restaurant) and ask one of the staff that you will like to speak with the the management of the restaurant.
Most people will direct you straight to the management, other's might want to know the reason behind such request.
just be prepare for follow-up response;
If, you are given the opportunity, open your presentation in this manner;
I'm interested in promoting your services/product's on bitcoin related forum!
Do you know you'll be losing 35%-45% of your customer's (tourist) who uses bitcoins?
At this point be prepared to tell them more about bitcoin.
Close your presentation, try to be brief as possible.
Remember to make reference to bitcointalk forum, because it offer's more information (foundation) with comprehensive lesson about bitcoin & the use of bitcoin.
Creation & distribution of short flyer's with same message will work fine for those who dislike meeting one-one with the management of offline stores.
Thanks
Bitcseo
Please make a video while you do this. I'm sure it will be really entertaining. Try this on more than one restaurant and differentiate all the reactions in the Chinese, Japanese, Italian and all the other restaurants. |
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Right now i am earning close to 0.01btc per weak with my signature campaign but i just dont know what to do with them.I want to grow them and reach a good amount of btc but only collecting will take a long time to reach a good amount.So i start to gamble with them and till now since 3-4 weaks i have lost all my signature campaing earnings.I win at the start but i become greedy and gamble more and then lost them.
So i decided not to gamble with them can any one tell me what are the other options which i can do with my earnings.
Just keep them and pretend they're not there. You are going to be hanging around in the forum anyway and will post, ask questions and learn. So pretend you're not in a signature campaign. The amount you are receiving is really negligible anyway. |
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Relax guys. That's it. Halving has passed. Bitcoin didnt move after it. None of you predictions came true. Just accept it. Long term it will rise, but not this year. Maybe again in 4 years. Move along.
never underestimate bitcoin similar was back in 2013 and then in November price goes sky high i expect the same but hot with that big jump like last time huge difference compared to how thing were in 2013 is that we don't have another gox exchange artificially pumping the price with money that doesn't exist. That is true. Back in 2013 I hear stories of a willy bot that was programmed to buy up bitcoins at MtGox with dollars it did not have. I don't know how true those stories were but it is a logical explanation of how it was pumped to $1200. |
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It would be great of the price was that high but I do not know if the is really going to happen.
I am not going to get my hopes up for this.
As long as more people use the bitcoin and you can buy many things with the bitcoin, the price will be very high. yeah, and in the future the price of the bitcoin is going to grow a lot in the near future, in my opinion 10000 dollars per bitcoin will be just the beginning That's not fair, $10000 doesn't seem to be the start of a big and better price. In my view it might be the start of getting vanished, because when one currency gets such a big value automatically it becomes threat to other currencies as well the economy. For this reason more opposition from government's will exist. I believe it have the potential to grow $10000 and even more but it happens only if other currencies too get a increased value than the present value. And how do you think would governments around the world "kill" bitcoin? Bitcoin's design will make it hard to do because they cannot shut off each node one by one. They would have to shut down the whole internet. If they decide to ban it then they are just pushing it to the underground make it more dangerous. |
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[conspiracy mode] Looks like "They" want some hardfork in Bitcoin by doing it in ETH. https://mobile.twitter.com/brian_armstrong/status/755853907654356993ETH price goes down hard while it has majority of power. And ETC price doing versa up, while ETC fork has 10% of power. Miners support ETH while speculants - ETC. ETH schizophrenia is in progress. I think "They" want to make some expirement with Bitcoin. They were almost succeed with it with Mike Hearn. But community kicked them out. Who are "Them"? I think its a some group of big ppl wanted to watch what happens with Bitcoin nightmare - hardfork. Of course those Armstrongs and Hearns are just puppets. This explains why ETH got so much sociaty and media attention last months. It's a trojan horse preparing Bitcoin for hardfork. They took control of ETH, made an enourmous PR, fuck it up and now what? - "Look! It's safe!". Why else coinbase suddenly starts to support just forked ETH chain? I think someone needs to kidnap Armstrong & Hearn, put a gun into their mouth and ask "Who do you work for"?. Armstrong said "Success! Ethereum's hard work seems to have gone well. Could still be bugs so far so good." I laugh at that. In using the ETH/ETC analogy look at what's happening? There are some who still believe that ETC is the real Ethereum. They cannot and would not risk doing the same thing with bitcoins. |
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That is very self righteous and hypocritical of them. What of the banks? We in this forum are all aware that they are the biggest criminals of all. They keep the people poor by issuing their inflationary devalued "currency" and control us by keeping all of it in their vaults. Beware because what you have been taught and living in is a lie.
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Why are some people in a hurry to have bigger blocks? Why do you want bitcoin to scale and be as close to visa like transactions? These people have their self interest at hand first and foremost. They do not care about bitcoin they just want to profit from it. I am not saying that it is bad to profit from it but accept the things you cannot change and learn to deal with the things that you can.
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I don't have much Bitcoin but just planning to hold and sell whenever I feel the price fits my needs.
I'm just a student so I don't really have an income unless I'm doing freelance as programmer or offering services / selling digital goods . I will finish school in the next couple of years or something like that , hopefully I will find a job and could buy more BTC and the plan stays the same .. HODL until I see a good price .
This the same with every person I meet who is interested in bitcoins. The younger generation is much better to teach about bitcoin because they are the ones who will be the future of this world. It also teaches them how to save money because all they want to do for now is hoard bitcoins. And this is good because they are avoiding to become the mindless consumerist which the young ones are mostly now. |
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I use Electrum and Multibit. For my savings I use my Multibit wallet that is installed in my computer that only goes online when I send and receive bitcoins. My Electrum wallet is for my everyday use.
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