What I like best of Bitcoin is that it is decentralized. Not to mention, that mining Bitcoins is fun too  |
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I've been saving money for the last 5 months. What I do is take out 10% of my earnings from part time job and invest it in Bitcoins. I also use some of the money to buy some Banxshares and Bitshares. It has been going well for me |
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It is not dead, not even close. On the other hand the price is lower than we expected. That is a big problem. It should have been near 300-350$ now.
I totally agree with you on current price. I wish it could skyrocket up to $1000 but it seems that it's going to take longer than expected. Anyhow, I'm not giving up yet. I believe in Bitcoin and I've been holding them for the future. Hope to get rich someday |
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It is theoretically possible to mine Bitcoin in Minecraft. Someone has put together a Universal Turing Machine in Minecraft so anything that can be computed, including SHA256, can be done using a Minecraft CPU.
It liked the sound of this. Would like to know more information about it..it's pretty interesting  |
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I think the world's Bitcoin center is in China. Probably, since Chinese been using Bitcoins a lot. My opinion, though. Please correct me if I'm wrong |
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This is a great effort from BBVA bank. Hopefully, Bitcoin will get adopted by more people and thus, there would be mainstream adoption. Not to mention, that this might help the price to increase in the future. Just my opinion |
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That is good to hear. The Blockchain is the next big thing and the future. Banks are creating their own coins based on Blockchain technology (like Citicoin), Ethereum will be a platform for decentralized applications, and so on. The world is about to change. I think Maidsafe has a bigger shot at ending up as the be-all-end-all of decentralized application. Maidsafe aims at potentially replacing the entire internet. It's an entirely new decentralized internet. It's pretty mindblowing if you think about it. Ethereum could remain as something niche that just deals with complex smart contracts that for some reason Bitcoin can't do. I've also heard about Maidsafe (and have some coins too) but I think that Maidsafe and Ethereum are the same thing? What is the difference? I heard that apps can be developed on the SAFE network too. I don't know. I'm very confused  There's a big difference. It's completely 2 different systems. You can find a lot of information on the safe forums. Namely: Ethereum: uses a blockchain (just like Bitcoin) where people can do transactions. It added an extra feature where you can run scripts (little programs) on that same blockchain. They will provide apps for everyone to connect to the scripts and blockchain. Will be great for something like a decentralized crowdfunder. Counterparty: uses the Bitcoin blockchain. Can be used to create new coins. Even coins that pay "dividends". Maidsafe: uses no blockchain but creates consensus about who owns Safecoin without a timestamp. It also provides storage in the network for files and data like websites etc. People will be payed in Safecoin to provide resources. Just like Ethereum it will use apps. Think of the apps like in your Chrome-browser. In that case, I'd prefer Ethereum and Maidsafe. My most favorite is MaidSafe. Thanks for your reply |
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I'm here to give you guys the best resource to gain bitcoin, and keep gaining bitcoin. Bleutrade. It is the best site. Honestly, they have deposited like they said they would and when you withdraw your bitcoins they actually pay out. It's a multiple cryptocurrency exchange, but mostly built off of bitcoin. One of the currencies they have are bleutrade shares. This is a wonderful thing because if you have some bleutrade shares, every 12 hours they pay you out small amounts of every one of the cryptocurrencies. You put the currencies other than bitcoin on auto sell, and they convert everything to bitcoin. I started with 30 cents and now have 10 dollars made. I know that doesn't seem like much, but considered it's basically free bitcoin. And the more bleutrade shares you buy, they more it earns you every 12 hours. The way I do this is keep taking the bitcoin I make to buy more bleutrade shares. It's that simple guys. Sign up and please share this. http://bleutrade.com/sign_up/19126 the more people we get to sign up, generally the more money bleutrade pays you every 12 hours per share. This seems pretty interesting, mate. I didn't knew that I could invest in Bleutrade shares. I'm going to check this out. Thanks for sharing this  |
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I've started investing in StakeMiners yesterday, and so far today I've earned 0.00001435 BTC Let's see how this goes when I would receive my first payout the next week. |
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That is good to hear. The Blockchain is the next big thing and the future. Banks are creating their own coins based on Blockchain technology (like Citicoin), Ethereum will be a platform for decentralized applications, and so on. The world is about to change. I think Maidsafe has a bigger shot at ending up as the be-all-end-all of decentralized application. Maidsafe aims at potentially replacing the entire internet. It's an entirely new decentralized internet. It's pretty mindblowing if you think about it. Ethereum could remain as something niche that just deals with complex smart contracts that for some reason Bitcoin can't do. I've also heard about Maidsafe (and have some coins too) but I think that Maidsafe and Ethereum are the same thing? What is the difference? I heard that apps can be developed on the SAFE network too. I don't know. I'm very confused |
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Ah, that's pretty nice work! Nice "mining!"  That's great but I prefer playing Counter Strike to earn Hyper and then exchange them to Bitcoins. I think that way is much more profitable. I've earned around 5 Hyper playing Counter Strike. I'm getting addicted playing this game. Will probably try playing Minecraft (it's been a long time since I don't play) this weekend. Care to share more of that? I usually play a few games, wouldn't mind hopping on servers with rewards. Check out this thread: https://bitcointalk.org/index.php?topic=654249.0It's about how to earn Hyper playing Counter Strike. You can also check here: http://hypercrypto.com/hyper-counter-strike-global-offensive-server/ for info on how to connect to the Counter Strike Global Offensive server. Hope this helps |
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BiTNET technology seems interesting, although is looks pretty much like Tor. I wonder if it's better than Tor. Might take a look at this when I get home. |
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That is good to hear. The Blockchain is the next big thing and the future. Banks are creating their own coins based on Blockchain technology (like Citicoin), Ethereum will be a platform for decentralized applications, and so on. The world is about to change. |
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That's great but I prefer playing Counter Strike to earn Hyper and then exchange them to Bitcoins. I think that way is much more profitable. I've earned around 5 Hyper playing Counter Strike. I'm getting addicted playing this game. Will probably try playing Minecraft (it's been a long time since I don't play) this weekend. |
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Gavin Anderson might know who Satoshi Nakamoto is, although I've heard rumors that he might be Satoshi himself... |
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I've been staking LiteDoge and earned great rewards. They're really cheap now. I have 201985.87225149 LDOGE  |
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You gotta buy some POS coins and stake them. You might not make all that much though. There are occasionally giveaways of new coins and their faucets can be generous but don't plan on getting rich any time soon.
COULD YOU EXPLAIN MORE ? I bought 650 amber coin 4 days ago but didn't get any Earning from POS phase . whats wrong ? You need to leave your wallet open for it to begin staking. The more coins you have, the more probability you have to earn coins from stake. If you leave your wallet open 24/7 then you will have a greater chance to earn coins from stake. So wallet must be open........ Okay thanks Graphic card Influence On the POS and earn ? Why some coins with 100% POS choose different algorithm ? Is there any Advantage between scrypt and x11 for 100% POS ? There might be an advantage but I really don't know since I don't pay much attention to the algorithm of POS. But I do know this, X11 algorithm is more efficient in GPU. That might help in staking POS coins. Just my opinion. Somebody can correct me if I'm wrong  |
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What would be the wise decision? Buy more ETH while the price is low, or just wait? Just curious How do you come to the conclusion that the price is low? Well, shouldn't price be at around $2 - $3 like it was before. Right now it is at $0.67 I think that's cheap |
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What would be the wise decision? Buy more ETH while the price is low, or just wait? Just curious |
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Fiat currencies aren't pegged to anything, they've been floating against each other for decades now.
Why would you try to peg bitcoin to ONE of them, that makes ZERO sense.
Hint - fiat currencies aren't "stable" either, they do vary over time and often vary a LOT against each other even in a short timeframe.
I think that pegging Bitcoin to the value of Gold would be a great idea. |
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