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12321  Other / Beginners & Help / Re: Is it even possible ? on: July 03, 2019, 03:37:38 AM
Is it actually possible to join a site that offers mining crypto currencies of any kind and successfully or in fact actually mine coins for free.   I have seen and joined several sites that claim an individual can do this.  It looks  like I could be mining,  shows generated coins, in most cases.  But the "cash out" threshold is generally set so high that most would give up or forget about it in a short period of time.  Is it really worth the time spent ?
theoretically it is possible but realistically it will never happen in the real world simply because if a business (a mining farm in this case) wanted to get investors they would look for big ones not small fishes investing small amounts. that is a lot of hassle.
so the only case you will see in reality is Ponzi schemes.

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Personally I have been and am part of several different platforms or sites and even phone apps that claim you can "earn" coins playing games, mining and even gambling.   Is there actual fact to any of this?   I do not know of anyone who has successfully gone this route and cashed out anything  at all, let alone anything worth while or dare I say even lucrative.
if people could earn money by playing games and gambling then everyone would have been rich now instead of us seeing lots of broke and homeless gamblers who ruined their lives. these "games" are made to take your money away not give you anything. where would the money come from if they were going to pay everyone?

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From my own count on what I may have, or may not have generated  in the last 3 months  from 3 main sources  is about $2.50.    That is not including coins I gambled trying to up my intake, which probably totals closer to $25.00, and also lost or misplaced mini campaigns with extremely high cash out thresholds that another probable $25.00  would be either floating around in limbo, or in the app or platform creators wallet.
be very careful, this sounds to me like you are on the verge of becoming a gambling addict and that will not end well for you. you have already lost money and then lost more trying to fix that, so you should already know how things work in that industry.

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If it is possible to mine from home, without an actual Mining hardware, software, etc,  Are these little mini mining coo's legit, or are they profiting from all the "suckers"  like myself, who think we are mining coins but in reality we are not doing anything but generating cash for them somehow.?
can you fly without a plane? or can you start your car without putting gas in it?
that's the same with mining, to mine you need equipment. for bitcoin it is ASICs and for altcoins it is a decent GPU. and you need to run your hardware for long times and run special codes to do that. it won't be like you could visit a site and click a button to make millions!

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I will say this much,   If Dogecoin, Litecoin, and Dashcoin ever get to  a value of  $10,000.00 / coin.  Bet your butt I'm a happy camper cashing out some, reinvesting some, and laughing at a lot of my peeps.
i used to think that way too but eventually i realized that these coins will never get anywhere close to that price. and in the end it is a matter of how much your time is worth.
for example if today you worked 10 hours on these faucets and all the other wastes of time and earned $1 that means you were earning $0.1 per hour!!! doing literary anything else could give you better payment. for example if you flip burgers at McDonald's you can earn $10.66 per hour which is 106 times more money!
12322  Bitcoin / Bitcoin Discussion / Re: How many people bought Bitcoin because of you? on: July 03, 2019, 03:04:45 AM
no that many.
i think the reason is because i have always discouraged people from just investing in bitcoin while thinking of it as a get rich quick scheme and whenever someone asks me whether they are going to make a ton of money by buying bitcoin i will tell them "no you will lose all your money".
instead i have always encouraged them to see bitcoin as the decentralized currency it is and when you do that you discourage those money seeking people and only get people who are willing to learn a little and use bitcoin instead of holding it to dump a while later to go back to fiat.
12323  Bitcoin / Bitcoin Discussion / Re: Economical mammoths versus PoW and PoS on: July 03, 2019, 02:52:07 AM
summary...
seems someone wants to go pos so they can have their cake and eat it

in the end pos advocates end up revealing their motives are about wanting rewards without any costs
using boring arguments which "economically" is empty of validity

p.s its obvious when the title is "economical" not "security" as its bases for prefering pos

exactly!
this is the only reason every other altcoin that has PoS algorithm chose it in first place and is the only reason why some of the other coins are going that way. if you look at each of them, they have big owners that have a large "stake" in that coin. for example XRP is 100% premined and controlled by their creators. ETH has 72 million premine and is controlled by their owners. they all want more power and control with their free "stakes" + the easy money they earn just by having that amount.
now they are pushing the same thing for bitcoin because they have some coins and want free profit. it will never happen.
12324  Economy / Speculation / Re: Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018 on: July 02, 2019, 05:02:44 AM
It went $12300 as far as I know and now the price seems to be just below $12k now. So not that bad correction after reaching highs of $13800. As far as why the price goes down? it's simply correction is due after a massive increase. But at least it's very healthy as the price didn't dip below 4 digits.

it used to be healthy and the drop used to be a correction up until the $11k and even $10k. now it is a big ass panic sell that has brought the price to $9800 which is below the strong buy support at $10k which was holding nicely but was broken due to manipulation and panic sells.
12325  Other / Beginners & Help / Re: Bitcoin Tools for newbies and all on: July 02, 2019, 04:44:28 AM
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Address Converter
Notary for BCH
Bitcoin portfolio tracker
Market Overview and tracker
Bitcoin/Crypto Mining Calculator
Comparison of Coins
either remove these or change your title from "bitcoin" tools to "cryptocurrency" tools in which case i would argue it is no longer suitable for "newbies" since altcoins aren't suitable for the beginners.

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Transaction Broadcast
a "newbie" shouldn't use any of these tools. they should stick to their wallet GUI and do everything there in the safety that it provides them. looking under the hood and getting a transaction hex without knowing what you do is not a good idea.

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Bitcoin Wallet
Electrum
there is a lot more wallets between Electrum and bitcoin-core!
for example hardware wallets can be a good option for beginners, web wallets even web accounts like Coinbae are excellent for beginners who want to get started easily as long as they understand the difference and the downside of using them.
12326  Other / Beginners & Help / Re: Warning for newbie- Don't fall into pump and dump on: July 02, 2019, 04:30:58 AM
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actually the volume of the pump and dump coins increases drastically, that is why they are being "pumped". having lower volume is a benefit that makes pumping that altcoin easier otherwise it is not needed.

yes but initially it remains low, like $50k or so and suddenly it started to increase.

that is because of how pump and dumps work. basically there are pumpers who initially start buying that shitcoin they plan on pumping prior to letting their sheep know about it. so there is first a small volume spike. then as their purchases causes the price rise they tell their sheep to buy it and that is when the volume spikes bigger. then as they dump on the sheep the volume remains high until the cycle is complete.

the volume i was talking about was the total daily volume that the coin normally has which also indicates how packed is its order book. lower volume means less packed order book and that means easier manipulation aka pumps.
12327  Bitcoin / Bitcoin Discussion / Re: Every time I sell Bitcoin pumps... Has BTC been good or bad for You??? on: July 02, 2019, 04:24:22 AM
this is what happens when you are only "gambling" with bitcoin price! you end up thinking price rises are "pumps" and any drop is a "dump" and your total profit in the end is always going to be negative even if you haven't yet faced the consequences because like any other gambler you will eventually run out of luck and start your losing streak.

but if you start analyzing bitcoin and stop with the silly thinking of "pumps" and "dumps" and start seeing the bigger picture here about how this is a rally which has rises and corrections that follow those, then you can have a better time in this market and even if you decided to trade, you will be able to earn a lot more profit.
12328  Bitcoin / Bitcoin Discussion / Re: Bitcoin is irreversible: strength and weakness on: July 02, 2019, 03:58:30 AM
The conundrum is as follows, once you allow a reversal of a specific transaction, you destroy the immutability of Bitcoin and that is one of it's strongest features. These decisions are easy in a centralized network, because you have a centralized authority to make those decisions and we have seen what that type of authority can do. <PayPal misusing their powers>

So, take away immutability and you will take away trust in the network and people will stop using it.  Angry  Bitcoin is based on very strong principles and immutability is one of the strongest features that must not be compromised.  Wink

exactly. i have seen newcomers usually neglect the importance of immutability, specially in some cases of altcoins that performed some sort of roll back and nullified their immutability and turned into a shitcoin overnight. coins like ethereum and bcash have have already lost that characteristic and that is why nobody trusts them anymore and that is why they have no value, their price is high only because their centralization is pumping them and preventing their demise.
12329  Bitcoin / Bitcoin Discussion / Re: How Many People Are Really Trading Cryptocurrency? on: July 02, 2019, 03:46:56 AM
looking at 3 random exchanges that don't even have a bitcoin (versus fiat) market is hardly a good metric to talk about the entire cryptocurrency market and specially a topic that is worthy of posting in the "bitcoin board". if you want to talk about altcoin fake volumes them move this to the altcoin board.
not to mention that all these percentages are the guesses of these companies that were trying to make a name for themselves, practically advertising their services by bullshitting about exchanges and their volumes.
12330  Economy / Speculation / Re: Where's FOMO at? Tom Lee on: July 01, 2019, 03:41:50 AM
It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course.

actually the "fact" has always been that altcoins get pumped when bitcoin is stable. simply because traders can't make the same amount of profit from a stable market so they invest their time temporarily in altcoins to pump them.
otherwise when bitcoin bull market ends it always ends with a bubble (like $20k) and that is followed by a bubble burst  which then causes altcoin dumps.
12331  Economy / Speculation / Re: Chart - Comparison - Very similar on: July 01, 2019, 03:18:10 AM
this is the worst comparison i have ever seen. you are comparing (the first chart) a time where price was already half way through the bull market and had surpassed the previous ATH of $1200 and was already 4 times higher than that with (the second chart) the time where we have just started the reversal and are barely in the bull market no to mention we have not yet even reached the ATH.

you should change the first chart to reflect the same thing if you actually want to compare. that means panning to the left until your end time frame is at somewhere in 2015 where similar to today we have just began the reversal and price was at $400ish coming up from $150
12332  Other / Beginners & Help / Re: Warning for newbie- Don't fall into pump and dump on: July 01, 2019, 03:01:19 AM
With the current pump of BTC,

you can't start a warning about pump and dumps in altcoins while at the same time you call bitcoin a "pump"!
so basically you are also calling bitcoin a pump and dump which is obviously false.

a lot of altcoin will start to gain. You may see some gaining 100% a day even, or even more.
the altcoin pumps don't have to take place in a single day to be considered a pump. some pumps take longer specially when the coin has a bigger market (like the top 10 altcoins).

Just check the volume of this coin. Those will be lower.
If the volume is lower, a single person can manipulate the price which may seem to you real but it's not.
actually the volume of the pump and dump coins increases drastically, that is why they are being "pumped". having lower volume is a benefit that makes pumping that altcoin easier otherwise it is not needed.
12333  Bitcoin / Development & Technical Discussion / Re: mining empty blocks on: July 01, 2019, 02:44:45 AM
It is indeed faster to mine a empty block. It takes time to validate a new block and construct the next one.

your ASIC that is actually mining the blocks doesn't validate blocks or construct next ones, it just hashes the 80 bytes that it receives. while it is hashing, your node can easily construct the next one before it reaches the end of nonces and fails to find and requires a different change in extranonce or something. and while you are at it you might as well add new transactions and construct the merkle root too. and since this is done elsewhere (not in ASIC) then there is no difference in time it takes to mine an empty block or a block with 3000 transactions!
12334  Bitcoin / Electrum / Re: Exploring Electrum source code forks *not forks of BTC on: July 01, 2019, 02:33:14 AM
I do not remember seeing fiat values in Electrum.  Where do I find that?

from menu: Tools > Preference > Fiat (tab)
then select a fiat currency and the API to use to fetch the values from.
12335  Bitcoin / Bitcoin Discussion / Re: Iran seizes 1,000 Bitcoin mining machines after power spike on: July 01, 2019, 02:27:44 AM
it was 1 factory and it was practically stealing electricity because the electricity it was receiving was meant to be used in that factory for the thing that that factory was build to do not something else. and since they got electricity for something else with the discounts and then used it to mine bitcoin, that makes it illegal and leads to their closure not just mining bitcoin or using electricity. instability of grid,... are just side products.
12336  Bitcoin / Bitcoin Discussion / Re: cryptocurrence progressing in poor African countries full of wars? on: July 01, 2019, 02:00:50 AM
they don't.
despite what you may think, blockchain buzzword and bitcoin are not some magical solution to solve every single problem in the world. people in poor countries, specially with wars, domestic or otherwise, aren't really thinking about using something new that they hardly understand. they have more pressing concerns ahead of them such as basic human needs for survival.
12337  Economy / Speculation / Re: What the Effing Hell is Going On!?!?! on: June 30, 2019, 04:10:15 AM
Why is the OP freaking out about a correction? Did he not expect a correction after a parabolic move (topping off with 20% in one day!)??

A correction back to $10k was pretty obvious.

topics like this are either made for trolling just because they saw the drop, or they are made by absolute beginners who thought bitcoin price must only go up without ever have any kind of correction! that is why a lot of them are created each time price makes a big move...

I think what's going on is the start of a speculative bubble the likes of which we've all seen a handful of times

... the bubble that will shape up at least a year from now.
12338  Bitcoin / Bitcoin Technical Support / Re: Pre fork BTC wallet split on: June 30, 2019, 03:41:32 AM
BSV doesn't have replay protection. I'm not sure if that also gives a problem when you send the BTC (I would guess not, but that's only a guess).
But when you send BCH, BSV will probably move to the BCH address too. An easy solution is to get a small amount of after-fork-BCH that only exists on the BCH chain, and include that into your transaction so that it can't exist on the BSV chain.

regarding this i have to say by the time that split fiasco happened, there were a couple of faucets which were giving away dust amounts mined from new blocks that people could use for splitting. sites like http://forkfaucet.cash/ but it doesn't seem to work anymore, i didn't search about it that much but there may still be faucets that do that. you may want to ask BCH bag holders like on /r/btc they may know more and have coins to send you.
12339  Bitcoin / Electrum / Re: Warning! Be careful when you copy and paste bitcoin address from Electrum wallet on: June 30, 2019, 03:29:18 AM
It looks like a dumber variant of the clipboard malware. Afaik at least the original one had the "common sense" to keep the start and the end identical with the original address.

i actually have never seen one that did that. are you sure you are not just talking about the theoretical hijacker? because i remember there was a discussion on bitcointalk about how they could do that using vanity generation technique but it would only be first 2 or 3 characters since it takes a lot more time if it is more and also there is absolutely no way you could have identical "end" since it is the checksum and with 1 bit difference in address the whole thing changes.
12340  Bitcoin / Bitcoin Discussion / Re: WERE YOUR STOLEN BITCOINS EVER RETURNED???? on: June 30, 2019, 03:14:25 AM
lol no.
and the worst part is that i have never been hacked and it wasn't a hacker that stole my money, it was an exchange called Bittrex and they stole thousands of dollars worth of bitcoin and some altcoins from me and millions from a lot of other users like me and they never paid any of us back. they simply stole it and got away with it.
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