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.)
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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_pcBut the prices are 50-60% of what the same item costs if I go to a local computer store.
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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.
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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?
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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.
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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.
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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.
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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.
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So Im hearing that all US users at Bitfinex account are now frozen. Any United States users that can confirm this?
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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.
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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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