It sadly is not look up the site BTCJam. People loan money to others and a big part is identity, I don't visit it often as... I think it's a good way to loose money. But the more info you add the higher score you have (in part). You can see a entire site built on it.
But I think less and less use it as if someone defaults you get all the persons info... but in many cases that does not mean you get the investment back. So yes there is a real example of it above... why people loan on it is greed. They see high interest percent... but I personally don't touch it as a investment.
Banks and credit institutions loan based on identity + income verification. However in bitcoin, the problem is not the identity, it's the enforcement of the loan if it goes bad. Plus I personally believe a non collateral loan is very immoral. What will loan collectors do, break into the borrowers house and confiscate wealth equal the debt amount? That sound too immoral and violent. Better just stick to collateral loans. Otherwise we might end up with debt slavery. And I don't disagree on this I would never loan based on identity, but some do. I will never understand it and agree if default there is a huge problem. This is why I urge people to stay away from sites like BTCJam or other BTC loan sites based on idenitnt and number of paid back loans. If person defaults and all you have is their info... you don't have much to get back. And some are not enough capital to make a legal case over, and some are international making much harder. So again person who defaults can possibly never pay back and just have a bad online name. So I agree don't loan based on identity. Also I would add I would not loan based on accounts I see this happen but if account is hacked or stolen.... you lose money. So at end of day be careful with loans. |
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Electrum for me, lightweight and easy to use, also safer rather than blockchain.info which is sometimes down
I tried Coinbase.com, It simply just gives you a very small control over your account. This is on purpose though. They have a insurance policy if site is hacked it *should* cover losses for people storing on site. Does not cover one person like if you lose your account due to you being hacked. But covers more of the site as a hole. If they give you control it defeats their security, which is what is insured. So it's a different kind of wallet. Not for those who want complete control of private key and such. |
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maybe the law changed i have never been charged sales buying imports maybe import taxes , i know i read some place they were trying to change that what state Arkansas sales tax some thing doesn't seem right but dealing with custom is a pain any way if the seller and or shipper mess up the order on the paper work then you eat it .according to that he bought it in Arkansas but if he bought it form bitmain direct hows that poss it was a import right ? . like i said the US was tiring to change that maybe they did for 2016 he being hit for it now i never really understood some of the stuff customs seems to do and try my best to not order out of the US .
it does say
Please provide a description of the items purchased, and any sales tax exemption that you think might be applicable. If the items purchased are not exempt, Arkansas Compensating Use Tax is due on the purchase.
Ive heard some bad story's about packages being marked wrong for custom even below 2500 . SO GL i hope he fixes it .
Your right each state in the US has it's own sells tax unlike other places in the World. guess hes luckly it wasn't one of them with a 8 % st
was trying to offer some possibility , i know that feeling of getting those kind of letters and you thought you had it all covered .
Most stories are coded wrong, and can be fixed after with carrier. If he has to pay that is bad luck or bad error. I can say I have not ordered to AR though. But I would contact the company you shipped with as they likely are ones to report this. Ask what it is coded as and check around board what others had in similar incidents. As most I think got recoded and paid much less if any. Only one I have had to pay was Bitmain shipped a PSU with a weight lower then actual weight. I was charged the difference in price of shipping for a more heavy item.. which I found to be fair. I also am curious on what carrier he used. Please add more to story OP. I got a feeling that was FedEx they are none for pulling stuff like that so he may end up paying it if was them sadly there asses and will lie to you ..that's a lot of cash they won't eat if it can't fixed other wise. I wish OP would update and tell carrier as that will show some more to story. I think stay away from FedEx seems to be common for a lot at this point. I would like to know if it was code or value that got it escalated is second part I want to know. As if it was value... likely people using that carrier will just do multiple orders. If it's due to coding then not much you can do but try to get it fixed. |
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Morning(in Europe) update:
Estimated Next Difficulty: 188,728,139,802 (+5.62%)
Adjust time: After 1009 Blocks, About 6.8 days
Hashrate(?): 1,314,790,223 GH/s
and price going up to 440!
Not only that we are holding up above it currently. We are around 443 which is VERY nice to see just mentally as miners, to see some growth via value. I don't want to get to positive to fast but we might have beaten 440 sale walls and here to stay. Hopefully next up is 450 that is a big number in my eyes short term. And that means it's midday in China and we did not drop, so no morning mass sells at 440. I think China is a huge part of market at this point. |
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My guess would be that a "replacement board" is coming too. I mean when they will release the next generation I believe they will also offer boards for existing S7 units. Make them S9 for example with 3 new ASICs. You could keep the controller, house and PSU (and the physical setup). Just my 2c anyway  Likely this will not happen if they do I would guess internal. They just have done many generations without a replacement board. I think S3 upgrade from S1 (I believe) was first and last upgrade. So for them not to do S3 to S5, or even S2 to S4 we will not be seeing any upgrades kits. They are more interested in selling entire unit's at this point. |
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Bot got reset but I did receive my payments .
@Marco , should we wear the new signatures ?
Please help on this Marco it would be much appreciated. And others are jumping the gun  wait till new signature comes out. Currently we don't have the new signature. I'm sure Marco will say when open and then apply away . But no need to do it just yet. |
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do a paper wallet for an online wallet?
it is an paradox and useless, because if it is an online wallet your keys are already probably compromissed
I heard blockchain.info is a reliable and safe online wallet. Without doubt Blockchain.info is the best of all bitcoin wallets in terms of security as well ease of accessing. There is a big IF there. People need to use 2nd factor to get the full security. I can't push 2nd factor enough for sites like blockchain. Yubikey is really the best I have used for Blockchain.info on 2nd factor. It takes me to put usb in computer and touch it.... which only I have access to the Yubikey. So I feel safe on my hot wallet. But again I still treat it as a hot wallet. |
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Trading altcoins to bitcoin is good for unexperoenced users only with small amounts. Larger amounts = higher risk.
Before anyone starts to trade, I recommend to read a lot and do not suggest of speculators opinions. Often it is only pump & dump action.
Altcoins are hard to do even with expirence. Pump/dump is hard to see before it happens and when it happens... you might be left with a coin that never will be what it was in past Some good coins have peaked ... and likely are history. Let's be honest small investments get you not very far. So likely hood of people doing them are slim. More go for bigger amounts I think a good example is ETH.... a lot are in deep believing it will be huge. They could be genius... who knows till we see down line. I personally feel better for storage of my digital currency in almost all BTC. Slow and steady wins the race I think. No one would say that ETH wil cross bitcoin in value, it may happen but it doesn't look like that at all. Trading ETH with big amount is risky because its movement is too fast, it moves up in minutes and comes down in seconds. So someone can really pick up a loss if they invest big and the coin never gets up in the order again. And I don't mean go into BTC value range. I just mean a gain on it's current price in percentages. Say it goes up a few hundred percent, it's far less then BTC prices.... but those who held will look like genius investors. So nothing near as big as it going to 400+. Even much smaller increase could make these investors look smart. I still mainly invest in BTC as I like the stability. |
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step by step for earning studied collect btc ...... gambling..trading..faucet...etc  Even holding is a valid way to make money look at past month BTC value at lowest was around 410, we are now hitting around 441 or so. So a gain of around 30 dollars if you timed it perfect (which yes would be hard). But ones who held gained around 30 dollars in a month... that is pretty impressive as far as investments go. Hopefully it stays or goes even higher. But a 7 percent increase in value in a month.... is more then most regular investments will do. And a heck of a lot more then say a savings account. |
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Why not post bot link here directly with virus scan etc.. i doubt that it works because there's no captcha solving bot around, there are services though which charge you for solving captchas.
I would not trust this bot on any computer in my network. Fair warning I did not download it... But 25 dollars a week from faucet even if we pick lowside is not going to happen. If there is a bot that works and it's released and many people use it faucet owner would notice within day's if not a day that hes paying out MUCH more then he is making. So chances of this working long term even if you got one... is slim. I would guess reason on captcha even if this is working (which I doubt). Paying captcha solver kills profit due to faucet pay being so little. |
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It could be bad chips, I forgot where I saw it, may have been a command in bfgminer, but you can look at the hash each chip is producing.
Also, my last U3 went from 60GH to one day it wouldn't go higher than 45GH no matter what I did (all the chips were working just fine), to one day it wouldn't hash at all. So you could just be experiencing business as usual with the U3.
I had one that seemed to like the mid 40 range. I did not push it and it seemed to work fine. just slower then some who push theirs and get high 50's etc. I just considered it usual business as you mentioned. It worked fine (besides zombie) and ran it for months until I sold my U3's. So might not be the fastest one out ther.... but I think decent chance it's still a working U3. |
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11+ cents/KWH? You will not make NEARLY enough to get back your investment on anything currently available, and anything but an S7/Avalon6/BEleven is probably going to LOSE you money outright (those 3 units will be profitably, but probably NOT profitable enough to make back what you'll pay for them before THEY become unprofitable).
IMO wait for the 14/16nm full custom miners to start showing up, THEN crunch the numbers on those to see if they're worth the risk of buying.
Better option (if available for you) - move somewhere with VERY VERY cheap electric, THEN look at the 14/16nm gear.
I think it's all going to come down to sales sadly. I think he can run for a few weeks and do ok with next gen (and who know's when that is). But his ROI will depend on resell making a profit. He might be able to do a S7 and mine for a week or two and flip it on ebay. Great risk here do the math as it might not be even worth trying. But sales at 11 cents are going to be very important on your ROI. |
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Coinwarz is great for current profit but it does not change difficulty like one needs on some currency. Over time this will lead to HUGE differences just by not having a difficulty change. If bitcoin I suggest bitwisdom - https://bitcoinwisdom.com/bitcoin/calculator . They also have a litecoin calculator aswell. But it's very good with difficulty changes which leads to long term better speculation. |
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+4.3 = Notlist3d
Thanks! Also we hit over 440 were around 441 right now.... next stop 450? Who knows but I can hope.
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Good news on price we broke the 430 barrier... looking good. I can only hope it continues with difficulty growing each period ... I hope it does. Currently over 436, if we can cross 440 that would be a new nice barrier to break. http://www.coindesk.com/price/ |
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Bitcoins can be earned as the best through signature campaigns and faucets. but faucets give small profit also takes long time to earn a portion of bitcoin.
Faucets you get cents per hours of work. There is not a single faucet that makes it worth your time. Just is earning dust in most cases it's so small or using something like xapo due to it being so small of payments. No one gets fast from faucets. I still earn most by mining it's gotten harder but it's been my bread and butter so to speak on earning. I suggest finding you niche but don't even waste time on faucets. |
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Yes it's possible!! Some signature campaigns pay about 0.09/month around with the avatar bonus which is more than 1 BTC a year. I'm talking about betcoin campaign.
Am also looking forward on how I will be able to earn 1BTC in a year. But somehow suggestions here are very nice that we can actually do this as possible. For the signature one you have to be on one of the top tier ones, they are harder to get into in many cases. But yes you could get 1 BTC in a year. BUT they keep going lower and lower so hard to say long term if that will keep going. Sadly many abuse it and try to buy accounts to get in quick, or use multiple accounts.... so overall there is some problems. Your best bet in learning a skill in next year. If you learn coding, photography, arts, mining (but getting harder), you can earn much much more long term. It all depends on what interests you on what is best. I think find a skill and use signature as a bonus. That is what I consider it. |
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*edited to not be so long look above for entire post Proof of identity? I don't think anyone has ever openly shown who they are.
I personally would not loan with identity as collateral. But some do use that in part for a loan, BTCJam is a big example of people confirming things about themself for a loan (I am not pushing for this site I hate their policy of not helping with default of loans, they just give you the persons info). Most will want altcoins or something. But someone might give based on identity if very small amount, I would not but some might. Oh, but it sounds far fetched. If you have any examples of this occuring, will you please message me the thread? It's not that I don't believe you. It's just that I need the reference to really learn the ropes of the site, what's acceptable, etc. It sadly is not look up the site BTCJam. People loan money to others and a big part is identity, I don't visit it often as... I think it's a good way to loose money. But the more info you add the higher score you have (in part). You can see a entire site built on it. But I think less and less use it as if someone defaults you get all the persons info... but in many cases that does not mean you get the investment back. So yes there is a real example of it above... why people loan on it is greed. They see high interest percent... but I personally don't touch it as a investment. |
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Trading altcoins to bitcoin is good for unexperoenced users only with small amounts. Larger amounts = higher risk.
Before anyone starts to trade, I recommend to read a lot and do not suggest of speculators opinions. Often it is only pump & dump action.
Altcoins are hard to do even with expirence. Pump/dump is hard to see before it happens and when it happens... you might be left with a coin that never will be what it was in past Some good coins have peaked ... and likely are history. Let's be honest small investments get you not very far. So likely hood of people doing them are slim. More go for bigger amounts I think a good example is ETH.... a lot are in deep believing it will be huge. They could be genius... who knows till we see down line. I personally feel better for storage of my digital currency in almost all BTC. Slow and steady wins the race I think. |
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