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1341  Bitcoin / Mining speculation / Re: S9 B10 and B11 sold out already?! on: August 18, 2016, 02:18:10 AM
New batch same specs?
And is there actually any info on the new Avalon stuff? I thought it was all just rumors at this point?
(Going to search the forums but I thought it was all just speculation at this point.)
1342  Economy / Speculation / Re: If the US dollar crashed, would it affect bitcoin in any way? on: August 18, 2016, 02:13:45 AM
Of course it would have an effect on Bitcoin.
But its never going to happen.
Go ask Muammar Gaddafi what happened the last time someone tried to stand up to the US dollar.
Oh you cant because hes dead lol.
https://www.youtube.com/watch?v=PTqPWcw0KqE
https://www.youtube.com/watch?v=THlaMUq6MKU
1343  Economy / Micro Earnings / Re: Any advantages to open a bitcoin faucet? on: August 15, 2016, 11:38:03 PM
Ok you may be right topiOleg, but anyone who knows enough about programming, web hosting, etc to make a successful faucet
can probably spend that time and make just as much, if not more, doing something else with their skills.
I'm sure that even just getting a job as a web developer working for an hourly rate would earn you more cash.
1344  Economy / Micro Earnings / Re: Any advantages to open a bitcoin faucet? on: August 15, 2016, 09:19:12 PM
Was it Ofir Beigel? He published two articles at 99bitcoins basically calling bitcoin faucets dead and a waste of your time read them before you consider setting up a faucet

https://99bitcoins.com/google-just-murdered-99satoshis/ and https://99bitcoins.com/adsense-apocalypse-bitcoin-faucet-guide-survival/


Yeah this is the article!
Anyone who is thinking about opening a faucet should probably read this article and see how much work it is, and realize that you may actually LOSE money if you aren't getting enough traffic.
1345  Economy / Speculation / Re: Five digits on: August 15, 2016, 06:02:34 PM
I don't think we will see $1000 unless something big happens.
BTC needs more users. If some big company starts accepting payments in Bitcoin the price could go up.
Otherwise the price will be in the $600-700 range for a while.
Most people who own coins now are miners or investors sitting on their pile.
We need new users spending more coins if the price is going to gain another 50% increase.
1346  Bitcoin / Development & Technical Discussion / Re: KIM DOT COM new platform on: August 15, 2016, 05:24:39 PM
Say what you want about him, but this guy made hundreds of millions of dollars off Megaupload.
(Before most of it was seized by the feds.)
He definitely knows a lot about computers, the internet, and how to make money.

If he creates some kind of service that takes BTC as payment, it could lead to a ton of new users adopting the coins as a payment system.
1347  Economy / Micro Earnings / Re: Any advantages to open a bitcoin faucet? on: August 15, 2016, 05:08:38 PM
You need a LOT of traffic these days to make money running a faucet.
Cryptohydrant was one of the best, most well designed faucets I've ever seen, and they were losing money and shut down. (Just a couple weeks ago)
Unless you are getting tens of thousands of hits a day, and display a ton of ads, you aren't going to make money.

There was a post where a faucet operator showed how most of his sites were actually losing hundreds of dollars a month.
I will see if I can dig it up and post a link.
1348  Bitcoin / Bitcoin Discussion / Re: [Bitfinex Hacked] So , learned the lesson ? on: August 15, 2016, 04:57:26 PM
If they are going up and down maybe they are still having some technical issues.
Was there ever any information as to how they were breached? Was it some sort of vulnerability in their website?  

I don't know much about how exchanges work, but I presume there is a php backend for the site that connects to a database like SQL so you have a lot of security work to do to secure all that infrastructure.
1349  Alternate cryptocurrencies / Mining (Altcoins) / Re: Have bulk amazon ec2 accounts on: August 15, 2016, 03:16:01 AM
You have to find a coin which can still be mined by CPU,
so I think it would have to be some kind of alt-coin.
But I believe even Etherium has to be mined on GPU at this point.
Check the alt-coin section and see if there is anything worth mining.
1350  Bitcoin / Bitcoin Discussion / Re: $1.6M ln Bitcoin Auctioned Off in US: Will Bitcoin Price Increase? on: August 14, 2016, 08:26:00 PM
I guess it depends on what the buyer does with them?
If they buy them and dump them quickly to make a profit it might move the price downwards slightly.
If they just sit on them, probably nothing will happen to the price.
1351  Bitcoin / Hardware / Re: Need a good hub recommendation. on: August 14, 2016, 02:45:06 PM
I've heard good things about the Superbpag USB chargers that ZedZedNova linked.
You can get a good deal on the Orico stuff on eBay, the only issue is that it ships from China.
(Takes a few weeks to get to me here in the US)
http://www.ebay.com/usr/orico_pc
But the prices are 50-60% of what the same item costs if I go to a local computer store.
1352  Bitcoin / Bitcoin Discussion / Re: Bitfinex Offers $3.5 Million Bounty for Stolen Bitcoin on: August 14, 2016, 02:33:18 PM
Anyone who was smart enough to get in and get the coins probably didn't leave any traces of their identity.
And if someone could get access to the addresses, they would steal all the coins for themselves.

So the only way this 5% reward will work is if someones ex-girlfriend or family member etc knew who stole the coins but did not have the technical knowledge on how to get access to the coins but was tempted by the reward.
1353  Other / Politics & Society / Re: Austrian Man Jailed for a Picture of a Nazi Cat on: August 14, 2016, 02:08:28 PM
Even though its wrong, I think that cat is super cute lol.
I would be interested to see the other pictures.
Was this guy posting these things as a joke or as some actual Nazi propaganda?
1354  Economy / Speculation / Re: Bitcoin price going up? on: August 14, 2016, 02:01:25 PM
The reason its not going up is because everyone is just sitting on their coins waiting to see what will happen.
Everything right now depends on new users.
Someone posted an interesting article about Kimdotcom and Mega announcing a service that will use BTC.
If something like this happens and we see new users the price will go up.
Otherwise its going to be stale since probably 75% of people that own coins just sit on them and hope for the price to double so they can get rich.
1355  Bitcoin / Development & Technical Discussion / Re: How do I hide or delete old transactions in my wallet? on: August 14, 2016, 01:51:22 PM
I'm not really sure why you would need to delete transactions, but this is a good guide.
Definitely store the backup of the wallet on a location that you know is safe like an external USB drive.
Still a lot of work and a small possibility of something going wrong to hide transactions on an address that you are probably the only one who has access to.
1356  Bitcoin / Press / Re: [2016-08-07] Kim Dotcom Says That Megaupload 2.0 Will Use Bitcoin on: August 14, 2016, 03:45:42 AM
If Mega has some sort of service that is payable in Bitcoin, this may be huge.
Being one of the biggest file sharing companies, they would definitely influence a lot of people to adopt the technology.
This could cause a big increase in price.
Only time will tell.
I'm sure Kimdotcom is being careful, but you know several governments are watching him and will arrest him again if they can find any reason to.
1357  Bitcoin / Bitcoin Discussion / Re: How can we properly decentralize exchanges? on: August 13, 2016, 03:43:57 PM
I don't know if there is any way to do this an exchange.
The whole point of the exchange is a single point where you can trade or buy currencies.
You just have to work on the security and make sure potential theif doesn't have a way to empty too much currency if they gain access to the system.

I would be very interested if someone could come up with some system where you have a "decentralized" exchange, because the point of an exchange is the exact opposite of what you are trying to accomplish.
Like you said, your only option would be to have the meeting place be centralized, but the trades be P2P.
1358  Bitcoin / Legal / Re: Bitfinex legal obligations to users on: August 13, 2016, 03:38:23 PM
So Im hearing that all US users at Bitfinex account are now frozen.
Any United States users that can confirm this?
1359  Bitcoin / Legal / Re: EU ‘Terrorism’ Directive Would Create Centralized Database of Bitcoin Users on: August 13, 2016, 01:44:25 PM
It would actually be very easy for them to store hundreds of billions of addresses.
Its such a small amount of text. The database would be huge, but some countries would be able to do it.
The harder thing would be to track all the internet traffic and watch transactions coming to and from the addresses.
As more people use bitcoin and more addresses are sending coins, keeping track of all that data is what would become massive.
1360  Bitcoin / Mining speculation / Re: is the mining bitcoin in home profitable? on: August 12, 2016, 05:42:01 PM
If you could really earn 5-7 euro a day, it would take you a little over a year to pay off your investment.
Since the price of BTC will probably go up, getting your money back would depend on how much the difficulty changed over the next year?
I would be interested to see people predictions on difficulty over the next year.
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