Isn't it obvious people that are familiar with the trend of things in the btc world know that the price of bitcoin is not stable so it is easy to make their demands in fiat which has a fixed price value.
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btc 1CcAJbZEsWCmRK5eDdo2k68oEgYknFdtwQ
post 53 activity 28 Rank newbie
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Why are you using 777coin message? Instead of bitin.io.
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montello 1CcAJbZEsWCmRK5eDdo2k68oEgYknFdtwQ I hope this is not a time wasting venture, especially from newbie.
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The genius of this person, is to huge to comprehend. A quote from Satoshi's white paper. " A block header with no transactions would be about 80 bytes. If we suppose blocks are generated every 10 minutes, 80 bytes * 6 * 24 * 365 = 4.2MB per year. With computer systems typically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of 1.2GB per year, storage should not be a problem even if the block headers must be kept in memory." Why use memory as a benchmark? Technology, sure did their part, in his prediction. Are we paying tx fees based on kb, because they want the blockchain {ledger} to be smaller? Very inciting perspective he had everything thought of.
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I do not think i will have it done any other way than cold storage.
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Thanks for the tutorials on mining it will really go a long way.
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Comparism between both is not too necessary because Bitaddress is far secured and gives series of options for quality performance.
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Import simply copies the private key to your wallet. Sweep sends the bitcoins to a new address in the wallet instead.
Sweeping is generally safer but the bitcoins are not instantly available. Simply importing the key into your wallet has a weakness that you must take care to avoid. The old wallet could be compromised and the bitcoins could be stolen. For example, if you are importing from an unencrypted paper wallet, the private key is still available to anyone that obtains the paper wallet. You must ensure that the paper wallet is completely destroyed after importing.
A very expository view into the topic, well understood.Thanks.
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Satoshi didn't disappear... I talk to him on a daily basis. At least 35 different days a month.
if truly contact is made with Satoshi this often it means he is up to date on the current situation of trends in the bitcoin world. Which is quality ''music to my ears''.
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Even though i have not tested my mining skills yet being a newbie i have learned a lot from this.Thanks you Guys.
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I am not really bothered by such stuff because i do not visit such sites no matter the offer on ground.
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Not even the manufacturer of the ATM can guarantee the safety of your private key. I have seen wireless devices fitted with a pinhole camera above the keypad, transmitting video feed to someone sitting more that 50 meters away. {The pinhole camera was fitted onto a fake panel, stuck to the ATM housing}
Video was recorded and the person followed and pick pocketed to get the card. {They then just quickly watched the video and got the pin code and they draw the maximum amount of fiat from the card}
The same can be done with Bitcoin ATM's {Because odd panels, would not be easily spotted}
I saw screen captures of the device, and it was perfectly designed. {You would never have spotted it} I still have it somewhere, I will search for it and post it here.
My final verdict, nope it's not 100% safe.
If what you have written here is true then it means purchasing BTC from an ATM is out rightly not safe.
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777coin and Scratchtickets are the best options for now that i know of.
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I love my coffee black without sugar.
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The Prince of Persia ''warrior within''
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I drive a 2011 Ford convertible
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I have never been in outer space but from what i have read and seen in movies it very visible.
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I named mine ''INVADE X''
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None other than the beautiful Mountainous regions in Tibet
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