i read somewhere that if all or so many of the miners turn off their mining equipment and stop mining, then the difficulty would decrease drastically.
so i think blockchain can not be frozen! as long as at least one person is mining bitcoin. and since the difficulty would be so low by then, solo mining would be doable.
well yes but not immediately, it need two week for that, mainwhile other miners will jon the party, because of the poissible profit so in the end the diff will never decrease, and that's the reason why POW is great, because as long as there is profit to be made there will be always miners that will join the network it's a self sustaining thing |
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i would suggest to use something like deutsche bank, they ahve their debit card from visa, with an iban on it, and ZERO fee on everything, minus conversion rate of 1.75%, i'm using it for purchasing bitcoin since two eyars, and never one problem
also pretty easy to access to your fund via DB interactive, a sandbox online with 1 number for security 1 password and one anti-spy numeric keypad
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For bitcoin to be used by average joe, it needs to be as simple as email ,facebook etc. stop confusing people with technical terms like private keys, multisig etc
but it is simple, they only need to know that an address is like an iban of your credit card or debit card, and on top of that you need to make a copy of your wallet.dat, all the other fancy stuff, like trezor, lightwallet, paper wallet ecc.., are just annoying things that distract one thing that should be added to help newbies, is the thing about the 100 address of the mempool, basically after 100 address if you do not save your wallet(if you recieve income), you can lose bitcoin, the client should warn you that you are near the critical amount there's a lot of details left in your post If you are using core, a newbie doesn't know he has to use a single different address each time if he wants privacy, doesnt know that he may need to mix coins and control his coin output to not mix your own coins for added privacy, doesnt know he needs a wallet.dat everytime he generates a new receiving address... and the list goes on. newbie do not search for anonimity, if they still prefer to use their credit card, i think you can leave this behind, and it does not need a wallet.dat for every new address, this is a BS, you can just generate as many address as you want with one wallet.dat only |
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I sent btc to yobit but its weird that my btc did not show up on account instead auto withdrawal to another btc address,i never encounter such thing before,does this blockchain problem or what i dont know,i only know i lost my bitcoin
that btc address to who belongs, it is your? because it sounds like your account there is hacked(your pc is infected maybe) or something, and this has nothing to do with the blockchain split I have 2fact on my account,i dont know who belongs that btc withdrawal address,its happen automatically i eve check on my account history its not recorded for deposit nor withdrawal just like its happened on blockchain 2fact with email or phone? because it looks more and more like a steal and not a related issue of the blockchain split, that will not cause such a thing btw but i'm curious can you post the address? |
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It didn't ruin anyone's life at all I think. Why would it?
It's a physical-cum-virtual currency like other fiats, but having a value of its own is what makes it completely different.
About me, it always helped me to live my life in a great manner just because I got introduced to it. Thanks to that friend who got me into this and now, I am making a living with Bitcoins and no problems at all till now.
well those that bought at 1200 and now are struggling in waiting for the price to recover, have not a great day i'm sure some of those have sold their house and went all-in with bitcoin, there are numerous stories about this on bitcointalk so it is clear that ome life were ruined byt that manipulated pump, but it's not a bitcoin fault, one should only invest tiny portion everytime we rise, and not going all-in directly at the peak... yeah one can argue that you can not know if that was the peak, but it was clear also, that after a furious pump like that there must be a crash |
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it look like he want to infect you, with that jar extention
be aware now that bitcoin will rise again and there will be many more interest in it, those type of email will be more frequent than before
it was the same when the price was 600-1200 before the decline
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What if Greek banks start to print euro? 50 billion a month?  i don't think they, can it would look like false euro, i'm sure that, they don't have the right printing machine for those, the right machine is in the ECB, otherwise every country in the EU would print euro for itself, it would look like a giant scam not that it isn't already... |
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I sent btc to yobit but its weird that my btc did not show up on account instead auto withdrawal to another btc address,i never encounter such thing before,does this blockchain problem or what i dont know,i only know i lost my bitcoin
that btc address to who belongs, it is your? because it sounds like your account there is hacked(your pc is infected maybe) or something, and this has nothing to do with the blockchain split |
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Greek people really wanted bitcoins but couldn't get them because the euros in their bank accounts don't actually exist.
they could still be part of the bitcoin adoption by receiving bitcoin has a form of payment for anything they want to sell internationally, the question is what would be the channels of commerce for them to use in order to get paid in bitcoin. spartanroute.com and Alibaba or craigslist for the rare birds that look on remote craigslist sites for deals. but I think it would be very difficult for them to exchange their money into bitcoin for now, this is because some service providers will certainly take into account the impact also they have one atm, if the thing of exchanging bitcoin would get far, i'm sure many other atm would be build, and there will be no problem for exchanging euro/drmca with bitcoin or vice versa Greek people really wanted bitcoins but couldn't get them because the euros in their bank accounts don't actually exist.
they have those 60 euro per person, and per day, it is mopre than enough to buy what you want |
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The banks are closed and Greeks unable to buy Bitcoin.
so they still can take a tiny portion of their money and buy bitcoin with those but they will probably need that amount to survive, nobody in their right mind would buy bitcoin instead, seeing the utterly critical situation Even if they buy bitcoin, who is going to exchange them, still large population of Greeks unaware of Bitcoin, for instance.... old and common people, it is a long procedure that to first explain about Bitcoin then how it's works and other things to them. they do not need to exchange them, they need to wait first for the price to rise at a very high level , and then they can exchange them via localbitcoin or by going abroad, if you had a tons of money in bitcoin, and you can not exchange them locally, wouldn't you go abroad for it? |
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At lease the people are able to choose some what of what is happening now, i wonder if there going to be an investigation to why Greece is such financial disaster someone made the wrong move some where and millions are now suffering this drama.
Well the powers that got Greece into this mess, aka mainly the rich who didn't pay tax and the past 2 govts should now start being put through the justice system and their assets should be frozen until each investigation is complete but it will cost the GOVT and the Justice system a lot of money..Maybe they can do that as liquidity starts coming in.. i've read that it was because of the Olympics game in Athens 2004, basically they went too big with it, and they lost tons of money, that debt has been carried on for many years without ever being extinguished |
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Earning bitcoin by fauctes and buying and selling bitcoin and by trade with reliable person. signature compaign is also way of earning Bitcoin.
Faucets aren't the best way due to the smallish payouts. Unless you are looking to earn cents per day by filling captcha. I doubt much trustworthy people would be interested to trade large volumes per month. You can't earn viable amount unless you have either large amount of BTC or fiat. The fees have to be competitive too. It is more of an investment than earning from 0 BTC. For signatures, look at https://bitcointalk.org/index.php?topic=615953.0. There aren't good rates for Jr member but still better than the mentioned options. Yeah faucets is not the fast way to earn bitcoin and signature compaign is good for earning BTC... Captcha filing is also best way to earn bitcoin. You can earn 0.8$ for solving every 1000 captchas. Captcha filling is best way of earning bitcoin. You can earn 5$-6$ per day if you give some hours to this software/site.. yes captcha filling is best way to earning btc...I also used this and earn some btc from captcha filling.. a bit dull and boring but if you can't find nothing else, then go for it, still it look a waste of time, what if you play some real games and earn far more bitcoin(like 0.01 per day) instead? check this https://bitcointalk.org/index.php?topic=624651.0, they support plenty of games, on which you can earn hyper and exchange them for btc, they are worth 30k+ satoshi |
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If you send 1BTC to every greek thats 11000000 coins. Probably more than there is totally...
Lets says we did it anyway and the greeks adobted it. Every BTC would soon be worth 50 times todays value. The problem now was just that only greeks had BTC and noone on this forum had any...
Se the problem when a lagre mass adobt a currency at once. BTC must grow slowly to become a real currency. Not go from a nerd fantasy to full scale economy overnight.
if this would be the case, i mean if you really think that if they were to adopt it in this way would rise the price x50, then they only need 0.2btc(1/5) to have x10 of btc, each it sounds more reasonable, than giving away a whole bitcoin, remember that bitcoin was made divisible for a reason... Assuming the value would skyrocket if a nation with a poor economy would adopt bitcoin is far-fetched. A whole nation that has no buying/spending capabilities or whatsoever in the current moment will not help bitcoin gain value in any way, though the idea of having a whole nation using it would spark some interests of using the situation by greedy capitalists to gain more money. it will skyrocket or at least increase significantly, because if 11M people would buy some bitcoin each, they would basically inject billion of euro into the bitcoin market, which at present is very tiny in comparison, even "1B injection" could affect it in a great way, let alone more than that |
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Correct me if i'm wrong, but shouldn't it do exactly the opposite?
Given the fact that EU is now "loosing" Greece, which is nothing but a dead weight; shouldn't the EUR get stronger, since the overall economy of EU will be stronger w/o them. Seams logical,right?
cheers
Not really, it's a double edged sword. Sure, you get said "dead weight" but your reputation as an institution whose ultimate goal is a solid unity of nations it basically means you fucked up on this core principle. And bad reputation always means bad news economically. We'll see what happens, it seems the NO is winning. well not really, the fault it is not with the ECB or europe zone, but with greece only, so they are the dead weight here and removing the diseased part of the european would only bring benefit to the euro union, since they do not need to pay loan to a country that can't pay it back ever weak country like greece should not have entered the EU ever, they were part of the reason, why the euro has lost it's power |
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Anyone can join a sig campaign even newbs (though they don't get much). Are you saying you want them to make the posts on their own accounts or on yours? I'm not 100% on what the deal is here.
he is talking about those people that cannot join good campaign(because they are full of people) or that can earn more if they are only newbie, instead of joining 777coin or 64block, with his rate (0.0006 vs 0.00005 of 64block) |
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they can only print dracma, which at this point, they are really equal to toilet paper, and one of the reason why they can't leave euro so easily
greece central bank as it is right now, it's kind useless
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I have seen many wallets that you can use only if you put the usb to the pc, login and transfer.
I personally use coinbase. Good to start but not safe as others. Your bitcoins are hold by someone else.
I do not recommend coinbase at all. Best way is to use Trezor or Paper wallet. Why do you not recommend coinbase? You don't control your private keys on Coinbase, they also track where you spend your coins. and add to that, that they will report any income that has the right to be reported to IRS, so if you're a america citizen, ironically it is better to use another exchange also they are very slow, i heard about 5 business day for transfering money to your bank account,. or for deposit.. |
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The banks are closed and Greeks unable to buy Bitcoin.
you can withdraw 60 euro per day or per month, i don't remember right now, so they still can take a tiny portion of their money and buy bitcoin with those but they will probably need that amount to survive, nobody in their right mind would buy bitcoin instead, seeing the utterly critical situation It is 60 € per day. That means 1800 € per month. Quite enough to survive imho. if it is really per month then they can potentially buy bitcoin with 800 and the rest for living, it should be enough if you have not a family so there is no excuse for them to not buy bitcoin for the time being The banks are closed and Greeks unable to buy Bitcoin.
you can withdraw 60 euro per day or per month, i don't remember right now, so they still can take a tiny portion of their money and buy bitcoin with those but they will probably need that amount to survive, nobody in their right mind would buy bitcoin instead, seeing the utterly critical situation It is 60 € per day. That means 1800 € per month. Quite enough to survive imho. Quite enough to survive, but is it quite enough to survive and also buy bitcoins? NO. They are not even thinking of buyign bitcoins at the moment, let alone think that they can afford to buy bitcoins. I guess that is the point amph tried making. Everybody praying for Bitcoin to be a savior to Greece is unrealistic, Greece doesn't need a savior, Bitcoin cannot be its savior. Simple. how so? 1800 is more than enough for survive and buy bitcoin, you don't need more than 1k euro a month to eat and pay taxes, unless you spend your fiat in useless thing...you know worst case they can save 1200 and the rest in bitcoin, everyone of them can buy at least 2 btc per month, so this should reverse 600x11M = 6.6B of money into the bitcoin market each month but since there is only 14M coins, only a small portion of their citizens can buy that amount of coins and only for one month, the other will be able to buy much less than 1, if the market has all this great offer(i doubt, there are 11M coin available probably only 1M are available to purchase) So you're assuming that everybody who gets their 60 euros back can afford to spend it? What if there is a family consisting of 6 people and only the provider of the family gets 60 euros everyday? What do they do then? Buy bitcoins? Stop concluding that buying bitcoins is a solution for Greece, man. It isn't. Bitcoin is a young blood in the market, why do people expect it to be a savior? well if you read carefully my post, i said that those that have family cannot do it, but only if their 60 euro are earned from one householder, in the sense that only their father had a work int he past, but if their mom, recieve those 60 euro too, the thing would not be different from a person who live alone... |
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if the difficulty is stable it mean that the price isn't going up, so that would be their limiting factor, if you add the other limiting factor which can be "space", then their profit would remain stable, assuming that everyone is limited
if the price keep increase they will earn more that's obvious...also their efficiency will be greater in the future, so it's possible for them to replace their old miners and dumping less coins for electricity, which is equal to an additional profit
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Hi there new guys. Unfortunately, I only have right at 1 BTC due to some not so good investments.  it is very difficult to find a good place to invest, I just advise you to try trading altcoin I totally would if I had the knowledge to know what and when to buy and sell.  It is very attractive; I just don't know enough about it. don't waste time with altcoin, they are risky, especially for newcomers try something like bit4x or 1broker, they let you trade forex, stocks ecc.. wiht bitcoin, profit is guaranteed even for a newbie |
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