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11901  Other / Beginners & Help / Re: How can I go about choosing a software wallet when there appear to be so many? on: October 01, 2015, 07:13:52 AM
i would run core to avoid any problem that may come with spv client, iike the one that already happened, i know that you need to download almost 50gb, but you need to do it one time only

then you cna simply backup the whole chain and you're done, in the case of a format
11902  Bitcoin / Mining speculation / Re: I will possibly be buying an 800gh miner sometime shortly... on: October 01, 2015, 06:42:13 AM
just buy 1 antminers s5 then it's 1155 giga, i don't know how much you payed, but it should cost less for you

your chance at solo mining is still very slim, with almost 1 tera you have 1/400.000 of chance to hit the block

How much its coasts ...? And what about power consumption from where i an buy ..s5
Dont waste your money by buying costly hardware. Unless you can play in the petahash level, maintenance & electricty cost will eat up all. Better try cloud mining. You can pre-calculate your ROI time from cloud mining calculator (e.g. www.cloudmining.website/calculator.php) and invest accordingly.

Errr. No, that's not how cloud mining works. The company mining ALWAYS make a profit or they don't mine at all. Most are ponzi schemes too. Don't be a shill mate.

well i doubt hashnest is a ponzi, while there are 90%+ ponzi among cloud, there are still a few that aren't ponzi, and yes you can calculate your roi easily with cloud or home mining

if you can reach roi it's pure profit out there, no matter if it is cloud or home mining
11903  Economy / Service Discussion / Re: where can i buy a Bitcoin miner on: October 01, 2015, 06:39:57 AM
Amazon, eBay, etc. But why would you want a miner? Just invest in cloud mining. Everything is taken care of.

if he have cheap electricity it's better to do it yourself, at least you are the responsible of everything, and anyway i would buy one on the marketplace, one used, instead of wasting time on amazon and ebey, where price are high as fuck

A friend of mine bought two used S3 for $150 each some time ago. They both were out of order in two weeks or so. I think they furbished them up before selling because they were looking like almost new ones. ... I wouldn't recommend to buy used miners.

well this was your fault, used should cost much less, actually the s3 should cost 100 even if it is new, but anyway this isn't an excuse to not spend less by bying an used one

the only problem related could be malfunction
11904  Economy / Trading Discussion / Re: Amount of Bitcoin for a profit on Trading ? on: October 01, 2015, 06:37:48 AM
trading it's a bit like poker, you need a bankroll and begin with something like 1/100 or 1/1000 of that bankroll, then you should study the trend of the market, and learn to read graphs

i guess that you can start as a low as 0.01, with a bankroll of 1 btc, i was doing this on 1broker
11905  Economy / Trading Discussion / Re: In how many ways you can buy or sell Bitcoins? on: October 01, 2015, 06:35:08 AM
there are only two possible ways, buying on any exchange or privately, i can't find other way sincerely

i like to buy on exchange because usually, buying privately cost you 5% more, and you need an escrow and other crap like that

You can also get arrested by the undercover agents if you buy them locally, person to person and you are doing this in the US. Smiley

like burt right? well you can avoid that if you have a license i presume, but is one of those hassles that i was talking about

at this point you can do it privately only with a real friend in real life, and maybe in his/your house
11906  Economy / Trading Discussion / Re: Manual BTC Trade? on: October 01, 2015, 06:30:56 AM
if you want to avoid the fees simply don't put any amount, it will require a longer time but in the end it will be proceeded

and anyway you didn't put any restriction on time, so i must assume that you're willing to wait
11907  Economy / Trading Discussion / Re: I quit trading on: October 01, 2015, 06:29:00 AM
i wanted to become a trader.one of my friend nearly convinced me to quit my engineering and become a day trader.i opened a demo account at fxcm did very good there, then i started trading on secondstrade and i am in a debt.

giving up to job/school for trading is a pure gamble, you should nopt do it ever, it require to have a good experience before doing anything

and i would suggest to start with a small amount to try how the thing work, don't bother in any other case
11908  Economy / Exchanges / Re: Do you use a Bitcoin debit card? on: September 30, 2015, 06:20:11 PM
currently not because it goes against what bitcoin it is, but i would try one if the damn fees were not so high, that it kill the whole point of using bitcoin

and anyway i would prefer to use visa, but i think there are none for now, right?
11909  Economy / Economics / Re: Why has bitcoin had success in China? on: September 30, 2015, 04:54:01 PM
if it is related to mining then it is because they have big place with cheap electricity, and since, again, they are too many, you see it more, versus other countries

i would imagine that if china were only 50-100M, they would not control 60% of the network
I don't think so. Chinese ppl will find a way to solve it! They have a strong desire to make profit! They have a strong mining, exchange and ASIC manufacturer industry!

it's all about number, there are other good place in america where you can have 0.05 electricity, but despite this no one is going mining, because they can't build their asic like chinese can do
11910  Bitcoin / Bitcoin Discussion / Re: How many daily transactions can 1mb Handle? on: September 30, 2015, 10:47:38 AM
I heard the network can handle about 3 transaction per second (7 transaction per second max in theory).

So 3 x 60 second x 60 minutes x 24 hours = 259200 transactions per day.

with a little increase in the queue, it can handle much more, but obviously there will be some delay

i think i can deal with some delay if it mean not rushing on block increasing, and finding a better solution
What is "increase in the queue" suppossed to mean?
The question was, how many transaction the network can handle in 24 hours, I also think, it was meant as how many transactions are then in the blockchain, not in the mempool.

that all the additional transaction will be proceeded eventually, but with a delay, this is what it mean, it's not like the current limit can't handle more, the problem is the delay nothing else
11911  Economy / Speculation / Re: Do you trade based off emotions? on: September 30, 2015, 07:00:08 AM
yeah and that's why i'm not particularly good at it, some time you stay hours analyzing and then the trend shift completely, and fuck you anyway so i just follow my feel

i believe that who is earning the real money, are the same who lead the market, casual dude can not really earn anything no matter how good he is
11912  Economy / Micro Earnings / Re: Want to earn quick Bitcoin? on: September 30, 2015, 06:57:10 AM
the title should be want to earn free satoshi, becuse i'm not aware of anyone eraning free bitcoin with faucets rotator

it's seen as a waste of time, but if you can't really find another way, then it is the best one i guess...
11913  Economy / Economics / Re: Why has bitcoin had success in China? on: September 30, 2015, 06:52:19 AM
if it is related to mining then it is because they have big place with cheap electricity, and since, again, they are too many, you see it more, versus other countries

i would imagine that if china were only 50-100M, they would not control 60% of the network
11914  Bitcoin / Bitcoin Discussion / Re: How many daily transactions can 1mb Handle? on: September 30, 2015, 06:26:32 AM
I heard the network can handle about 3 transaction per second (7 transaction per second max in theory).

So 3 x 60 second x 60 minutes x 24 hours = 259200 transactions per day.

with a little increase in the queue, it can handle much more, but obviously there will be some delay

i think i can deal with some delay if it mean not rushing on block increasing, and finding a better solution
11915  Economy / Trading Discussion / Re: In how many ways you can buy or sell Bitcoins? on: September 30, 2015, 06:23:38 AM
there are only two possible ways, buying on any exchange or privately, i can't find other way sincerely

i like to buy on exchange because usually, buying privately cost you 5% more, and you need an escrow and other crap like that
11916  Bitcoin / Mining speculation / Re: Avalon 6 Vs Antminer S7, which one you will choose? on: September 29, 2015, 02:19:34 PM
300w per tera vs 250w per tera, draw your own conclusions

antminer s7 is better, but i would prefer to have a mini version of it
11917  Economy / Service Discussion / Re: Please help, Can you? on: September 29, 2015, 02:16:21 PM
Simple - do not cloud mine.  

if you have not cheap electricity and you want to mine, you're kind forced to do it

but the maintanance fee is a problem, i would do it if the roi is no longer than 6 months
11918  Bitcoin / Mining speculation / Re: Is a 2Gh/s ASIC good? on: September 29, 2015, 02:15:26 PM
From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.

i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that

surely gh is not even worth with some altcoin anymore

that is 1 cent or .01BTC?

0.01 is 1/100 of btc which mean $2.4 per day
11919  Bitcoin / Mining support / Re: Is it possible to run an Antminer S3 and Desktop PC on the same PSU on: September 29, 2015, 12:09:32 PM
i would not advice to exceed the maximum power of your cpu, actually i would stay below 700, it's not a good thing to reach the maximum output, your psu will be stressed all the time, and at the end it will be damaged
11920  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: September 29, 2015, 12:07:42 PM
Lending bitcoin would be passive way of getting our bitcoins to grow. Because in this way bitcoin makes bitcoins. So, the possibility of getting more bitcoin is higher than any other method.

Lending job is not very easy now days, there are may stammers are around so you can't believe any one so easily. They will prepare all those fake id's and accounts to get the loans. So one should be careful before lending without any collaterals.

collateral is there for you, without collateral i would do any lending, but with a good collateral like their account, you are safe, you can always sell it to someone
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