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I work with computers, so every once in a while I run into someone at work who knows about Bitcoin.
Most people have heard about it, and every few months or so I talk to someone that actually owns some BTC or does a little bit of mining etc.
I met a guy a couple months ago that bought a bunch of coins when they were $1 each.
(Needless to say I'm pretty jealous of him!)
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LOL you know its funny, I've looked at so many BTC addresses before,
and I don't think I ever realized they all started with "1"!
I appreciate the link about the leading symbols.
It makes sense to have a character that designates they type of info we are looking at now that I think about it.
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I just want to say thanks for putting this on GitHub! If you make a physical copy of this book I will certainly pick up a copy. Please keep us informed as to any publishing info.  |
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Maybe this has been answered before, but do all the vanity addresses start with "1"?
(All the examples I've seen posted start this way, and I'm wondering if there is a reason for this.)
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I'm sure you could generate a vanity address on a computer that had never been online.
As long as you validated the checksum of the vanitygen program and ran it on a computer that wasn't connected to a network you would be good, I think.
(Transfer the vanitygen program on a USB stick from one computer to one that is offline)
Don't hold me responsible if something happens though, as I've personally never used a vanity generator!
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This is the first article mentioning Darknet markets where they actually mention Bitcoin as being the payment method.
This is bad.
If this starts getting picked up by news in the US I'm going to be a little worried.
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Anyone that promises a way to "earn bitcoin fast" is probably trying to scam you.
BTC is money. Are there people standing out on the street just giving out free money?
Just remember, the reason sites like faucets exist is because they make money off advertising, and give a tiny bit to you to keep you coming back.
The best way to get Bitcoin is to get a job and convert some of your earnings into coins.
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Wow this is actually very scary.
I assumed that the Feds were watching BTC and anyone who was moving a large amount of coins, but this is proof.
I'm curious to see the amount of coins OP was moving. I would guess it was a lot for them to actually arrest you on charges of money laundering.
How are they proving that you are linked to the bitcoin addresses?
Were the coins ever converted into cash?
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If you google it you can come up with some articles from 2014 like http://money.cnn.com/2014/09/26/technology/paypal-bitcoin/index.htmlIt mentions that it allows payments from BitPay, Coinbase and GoCoin but I've never seen this implemented anywhere. Has anyone actually seen a shop that had this set up? I was under the impression that your paypal account would be locked if they saw you doing anything related to BTC? |
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Oh its ten cents a kilowatt hour. I misread that as one cent for some reason.
Yeah with prices this high I don't think mining is profitable. You need to be at six cents or below from everything I've read to be very profitable.
(Even with the new generations of miners like the S9)
If you really believe in Bitcoin, spend a couple thousand dollars and put a couple coins in cold storage.
Take another couple hundred dollars and try to do some trading.
I would say that is your best bet to make a profit.
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A vertical setup might make sense if you had very high ceilings and were able to make some sort of rack that would take advantage of the space.
I guess it all depends on the type of miner, the type of rack, the space its in.
Really need some pictures here to give any advice, I think.
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I hope its something like 750-800, but honestly it will probably be like $700. Every time it goes up a couple dollars, I go to sleep and see it dropped like $10 overnight and has to climb back up. Idk what you guys in Europe and China are doing while we are asleep in the US, but knock it off!  |
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One cool thing I discovered recently was "bitcoin days destroyed"? I saw a discussion about this here- http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyedand thought that this was a really cool metric. Coins that haven't been moved in a while suddenly getting transferred is a very interesting topic. I don't think its actually possible to know the exact number of people using Bitcoin because each person can have multiple addresses. |
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As much as I hate to say it, I actually hope more people start buying drugs and other things on the darknet with BTC. (As long as its not child pornography or weapons I have no problem with anything people want to buy with Bitcoins.) It means that more people will buy coins and the price will go up. Sorry but I'm greedy and want my investment to be worth more lol.  Anyways, drugs should be legalized. The "war on drugs" is just a business. The people that started it knew that. They don't want the war to end because they make too much profit. That's a whole different topic, though. |
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Hopefully you can get some info as to the address your coins were transferred to, and the reason why. I'm not familiar with this bcoiner website. When they asked you to set up your account, did you set a password? How many characters was it? I'm wondering if a simple password on this site could be brute-forced. I feel like some of these sites/ wallets need to do a better job explaining to set up a long complex password. I guarantee most people using these services are not using a very secure password.  |
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It might hit $700 by the end of the year, but I would be surprised if it went to $800.
Price hasn't moved much in the last couple weeks, but as others have pointed out, that's actually a good thing.
(Maybe not for the people looking to make a quick buck, but for long term investors.)
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Wow that's super shady...
I've been using Coinbase to buy a little bit of BTC because it was so easy and the fees were low.
But idk how I feel about supporting a company that does something like this.
I know the ETH fork is causing issues for everyone, but its a on the company to take the loss if something happens, not pass the loss onto your customers.
That is the price of doing business. The image of your brand in the long run should be worth more than the few dollars you would lose IMO.
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Thanks! I'm signing up at that website, they have some free content so I'm going to start with that.
I'm sure its a lot of work but definitely worth it, since the same principles apply to stocks, gold, any type of trading really.
(I know a lot of people that trade BTC and altcoins also trade stocks etc)
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