How about adding a interactive chat option, where the people can motivate each other to make more donations. Some encouragement is needed for some people to get quicker results. There will always be the hero account guy, who will splash a lot of dough to get some attention. ^smile^
You might also consider some sort of off-chain service provider with instant transaction confirmation for the people who simply cannot wait. You cannot in this day and age expect people to wait for 6 confirmations before they get satisfaction and value for their money.
The people using these services will be the premium users and they will be in the express queue. You could use these service to validate the contributors, because most of these services have their own validation requirements.
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How do you manage to fund the referral network? Your cut must be good for you to do that. I just took a peak out of curiosity and it's pretty good in comparison to other sites. I saw one girl on another site, got a 8 BTC tip in one session. That must be one huge whale dumping that amount of money on webcam girls.
What kind of turn over do you see from girls coming in and out of your service? Do they stay once they joined up or do they move a lot?
Free Porn is everywhere these days, and I think most people are getting onto this kind of business model for these type of sites. The advertisement income would also be huge, if the site gets enough hits. ^smile^
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Not to worry, Gavin the knight on the white horse has just introduced his latest Bip proposal for a 2MB block size hard fork and will most probably be the savior of Bitcoin. He also has his eye on the throne and cannot wait for the King to die.
He will surround himself with his fellow knights, Sir Mike Hearn and Sir Long and they will live happily ever after. How does that sound? All our scalability issues will be a thing of the past. ^ffs^
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After Gavin's latest Bip proposal for a 2MB block size upgrade, I would bet a lot of people will jump in that direction because it is the popular choice and we will see a block size increase before the halving. This little patch can have dire consequences in the future for the political shift it might develop.
You cannot put Band-aid on a gunshot wound and tell people the patient will survive. The doctor will get paid, but the patient might just die. I guess it is all about the power.
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I think Satoshi is hitting himself with a hammer at this moment. You have huge banks fighting over his intellectual property rights and they are using the Blockchain to their advantage now. I think he predicted some of this, when Gavin ran to the CIA and he saw what direction this was going towards.
Now Gavin are trying another approach to get control by spamming the community with Bip proposals that adds little value other than increasing the block size to 2MB. How much work did that take?
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Another power grab from a desperate developer that might just work, if he play the fiddle in the right manner. The trolls with the limited knowledge will jump onto this proposal without considering the possible consequences. We are driving around with a bus that are 50% to capacity and we are already calling for a double decker replacement.
The Core developers have put a lot of thought into SegWit and scaling for the future and loads of other advantages and we just want to take the first proposal, because we were told the 2 MB Block size increase would be the Nirvana.
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If one person owns a mining farm, they have a definite advantage over the person who runs a small operation from his basement. This will be a very difficult thing to implement, because people will just use Virtual machines to bump their votes, like the Bitcoin XT guys did to influence the node statistics.
The Blockchain could help to identify individual identities and then we could possibly have a more fair voting system.
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Tell me what other commodity or currency are not being manipulated in some way, and I will feel guilty about the manipulation that takes place in Bitcoin. You have whales in most sectors of the economy and they will shift their weight and manipulate the commodities in a way that suite their investment portfolio.
I know of maize farmers who keep maize back from the markets to influence the price, until they are ready to sell. No matter if there are droughts or food shortages, they still do it.
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I invested a lot of time into building a good referral network for about 3 good faucets. I seldom use it myself, but if I am watching television and I remember to use it, I will solve a Captha or two. I get about 30k Satoshi per day from the referrals, but I have seen a significant decline over the holiday seasons. < I guess people do other things >
I accumulate all these earnings into a separate address from my main accounts to prevent dust and higher fees. It is fun to watch the passive income total grow, without me having to lift a finger. ^smile^
Once this has grown into something with some value, I would run it through some mixers and use it for something with a higher profit potential or just gamble it for fun. ^smile^
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I have gone through the whole thread and what I picked up was that Sports betting seems to be the most profitable and enjoyed game being played by the users. If I had to take a guess, I would say it has something to do with the gambling operators not having much control over the outcome of these bets.
The other options can be electronically manipulated in favor of the gambling operator, but the sport betting is more in favor of the gambler. If you know your sport, you might actually have a chance at beating the house.
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The Core team have made huge strides in improving the communication with all role-players. They created a platform to provide detailed information to the uninformed / non-technical people in the easiest possible form and they also created a platform for the more technical users and developers.
The Twitter feeds gives updated feedback to both groups in the social media and they can concentrate on the development. These guys are not attention whores, like some of the other developers we have had before, who just want media exposure.
They get into the engine room and they spend their time developing the best solution for the technology. That is what we expect of them, and then once that is done, they report back on the results. Stop attacking them, and let them concentrate on what is more important. <The Code>
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Greed has been a motivator for most of the bad things you are seeing in this scene. The Ponzi/HYIP's / Scams / Fake Hack reports and much more. Bitcoin is a relative new technology and people will be skeptic at first and once they see some potential, they would start poking holes in it, to see if they can somehow utilize it to make some quick profits.
Like with the old Gold Rush, some people came in early and they took some fairly high risks and got huge profits. They found the biggest nuggets and picked them off the ground. The people who came in late, had to invest in expensive mining equipment to get to the fine gold.
There are some jealousy with the people, who missed out on the first <Gold Rush> and these people will attack the integrity of the technology, because it will be the only way for them to vent their anger.
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Let us not hijack the thread with discussions on the technological merit of the different proposals, but rather stick to the allegations that was made against the people that are behind that proposals. OP wants us to look at the people backing these proposals and what their motives could be, if they received that position and power.
I would like to see more debate going on about the background and history of these people and if they could be a threat to the technology, if their only reason for supporting it, would be to exploit it later.
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Well, I checked it against this list http://www.badbitcoin.org/thebadlist/index.htm#Crypto and it is not on there, but that might only be because it is new or someone has not reported it as a scam. I will be cautious for now, and only deposit very small amounts, just to test them for now. If you look at that site, you will see a lot of scam sites using a very similar naming convention, and that already raise the red flag for me, even though this reason is quite stupid, but not uncommon.
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Let us put it this way, If you had zero other options and free electricity the faucet route would be your third option to make some money. You can spend your time more constructively, if you took up a second job and invested that income into buying more bitcoins or you could signup for a signature campaign and get some more income.
I experimented with faucets when I first saw them a few years ago, and I built up a huge referral network. Now I receive referral income weekly from people who use these faucets and I am doing nothing. So this was a Win-Win relationship for me. ^smile^
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Most people do not have a Xapo wallet, so their comments will be uninformed. If both parties in a transaction have a Xapo wallet, the transfer of any amount between them <off-chain> will be free. This is why most faucet operators use this wallet, because it is the ideal solution for micro payments.
They have a debit card option too, which gives them a bit of a edge over other wallet providers. The security is also very good, but I would still suggest someone to invest in a hardware wallet for bigger amounts of bitcoins.
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Some things I also picked up over time :
_ Some malware will get between your copy & paste routine, when you send coins to your paper wallet and they would replace whatever you pasted, with their address. So just check the address to make sure it is your paper wallet address, before you click send.
_The safest way to create these paper wallets, is to keep the device you used to create it offline. Nobody can get cached or logged information from a device that does not go online again. <Not always possible, but it is the safest option.
Good luck, it is a step in the right direction.
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why would you want to control free men?
They do not want to control free men, they want to control their money. The power and the manipulation of currencies are inherent to any government. Some do this to keep people in power and others do it to stimulate growth. If your economic survival as a country are reliant on a stronger currency, you will take measures to protect it. A lot of people think crypto currencies will threaten these control measures, but if it is properly regulated, it might even improve these controls. <Every transaction can be traced, if the users of these technologies are identified>
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Once banks have a full grasp and finish tinkering with their product copy,the regulation game will go into complete drive. Right now I would think they are still 2 years out from getting serious with the idea of copying bitcoin.
You might be off with 1 year, with that prediction. These banks are already in the final stages of development for their <private ledgers> and they will go live within this year. I think Citibank were the first bank, who deployed some sort of Bitcoin based technology. The regulation are always behind innovation and will come into full swing within say the next two years. By this time the mechanisms to influence decision makers will also be working hard to push their technology and stopping other similar technologies.
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