I cannot highjack the OP's thread with BitBiz.io stuff guys, it will not be fair towards him/her. But if you want to see, how much people earn at BitBiz, just simply go there and click on 2. official public accounting thread under Talk Crypto Business topic and see for yourselves. {All payments and income are posted in the blockchain for anyone to see} Let's keep this on topic and rather discuss tsu.co here. Has anyone joined them? How much have you earned there?
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English is not my first language sorry. ^Sniff^
And this Hero member sitting next to me in the office, who wants to be annonymous, is of no help. ^Getting poked in the ribs^
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I think we must go to all the threads with gambling, and post "I think this is Gambling"
That way, we also bump our post count and feel better about ourselves, because we warned people, that they will loose money.
Tell me something, If you repeat something enough, will people stop doing it? No they will not. This is the reason why moderators from this site, has not stopped this.
Playing with a HYIP or Ponzi is no different than gambling or playing the lottery. Someone has to loose for you to win.
I do this for fun and to see if I can ROI before it collapse, like the people are doing with all the [[Legal cloud mining]] that are hosting signature campaigns on this forum and are also fancy Ponzi's in disguise.
Put that in your pipe and smoke it. ^Grin^
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Got paid ! You are withdrawing $0.78 of AsMoney. We have no fee for this operation. Actually you will acquire the total of $0.78 on your AsMoney account ****** Your comments: Your message
Why are you guys using asmoney? The site offers direct BTC withdrawals Direct withdraw from BTC only applicable, when your balance for withdraw is higher than $10. Anything below that, and AsMoney will be the only option availlable. ^Frown^
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I also joined a site like that before. They work it out, so that they fail before the $100 withdraw limit is reached.
So you will be investing time and energy into something that will never pay out.
But it takes nothing to try things out, for the pure experience. How will you know if fire burns, if you did not try it.
I am in my second HYIP now, and gained $5 from it. The bad side of this is, there will always be losers at the end. Someone has to loose, for you to win. That is the nature of a HYIP.
It's like gambling or the lottery. Some people loose and some people win.
Hope you are the WINNER.
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Wonder if they copycat BitBiz.io idea? I joined that BitBiz.io site and the people there share 100% of the income from advertisements and donations.
They even have total transparency on the Blockchain as proof of that.
I have to say, I get more from that site, than I get from faucets. ^Smile^
The tsu site is still new, so it might grow into something good, so my advice is to join both sites to double your income. ^Grin^
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Keep it simple - Put 90% of your currency on securely created paper wallets.
Distribute that 90% over several paper wallets to reduce the risk of one losing everything in one hack.
Keep what you willing to loose, in a online wallet for daily use and protect it with 2FA or multi sig. ^laugh^
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A follow up question, based on the first question.
Say, I own a faucet, and every Sunday, I want to make micro payments to say 3000 users. What would the best method be, to pay these users, and to have the least amount of transactions/miner fees?
I see many faucets, with a withdraw limit of 5000+ Satoshi and I can just imagine, that the transaction fees, would nulify the gain or reduce the profits, if it was done individually.
Do I pay less, if it's batched together, and what technology or wallet, would make the payment the cheapest for massive micro transactions? ^Grin^
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Best method to keep your BTC safe, in my opinion, is to keep it in cold storage.
Only leave enough online for buying coffee and lunch.
Keep seperate paper wallets, with small amounts, you can sweep, when you need more in your online wallets.
In my view distribution of coins in many wallets, decrease the risk of losing them all in one hack. ^Smile^
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Why do you not just video tape the actions until you get to the email send to you, and post a link to it in youtube?
There are some manipulation done on gambling sites, and we all know it. In most cases they do this to protect themselves. If they did not, they would have been out of business. [Martingale system protection]
I can see why you want to do this, but it's a bit counter productive, because the end result is going to be the same. You will still be banned from the site. The owner is angry as hell, and it does not look like, he is willing to settle this peacefully.
I would also say, leave it be, and continue to the next site, because there are hundreds of them anyways.
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Successfully moved my coins to the AsMoney account.
Got the money in the AsMoney account in US $ and then had to use the AsMoney exchange to convert the US $ to BTC.
I then withdraw the BTC to my own BTC Address
So it is quite a process, to get the payouts, but it was successfull. 7 Confirmations and miners fee deducted from the money you receive.
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I got paid and could withdraw without problems. ^Smile^ We newbies must eat the bread crumbs falling off the table, and take desperate chances to make some coins, and get the older members spitting on us, from above. What a dog life we have. ^Hide in the corner, tail between the legs^
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Received Daily payment into TradeFocus account, and testing withdrawal for the first time, to see if this AsMoney thing is working or not.
Will report back here.
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As I said, Physical proof. Those things can be manipulated. Take Genesis as an example - https://bitcointalk.org/index.php?topic=768281.140Their CEO invited Gavin Anderson to their mining operation, to validate what they doing. Total transparency from this company, gives physical proof, that they mining, what they posting on websites. If you have proof, that PBmining are doing the same, feel free to post it here, and I will strike through everything I posted on here about them. To me, PBmining is a Ponzi and no different than Tradefocus or any other HYIP / Ponzi doing the rounds. We just choose to look the other way, when a company exist for a long time. I have been long con'ed with Ponzi's before, and they lasted more than 2 to 3 years and yes, I still play with it, because I know the risk involved. Is this ethical? Most certainly not, but it's in no more ethical than using PBmining and saying that it good.
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Two stupid newbie questions,
Question 1. If you hoard the coins, received from the cloud mining, until the price of bitcoin increase, would you ROI? Question 2. I want to buy into cloud mining, but I do not want to switch pools to get the best results. I want it automated, to mine for me, and preferably mining for BTC.
I have bought some GHs with CEX/Ghash and they mine whatever they feel like, and when they mine Alt, they take maintenance fees in BTC, and this eats up any profits made from mining Alt coins.
When they mine BTC, and take maintenance in BTC it break equal or I profit a bit.
What option is best suited to me, where I am handsoff, but still in a position to ROI?
I have a 10 hour day at work, so I do not have time to switch pools for best results.
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Everyone is going on about Tradefocus being a Ponzi, but they gladly accept PBMining with open arms?
From what I have read on this forum, PBmining is a Ponzi too. They have shown no evidence of physical mining being done.
The only reason, why they would rush a signature campaign like this, is because the incoming money needed to feed the Ponzi are drying up and they need new blood, to feed the system.
Mark my words, we will see a bubble burst soon. ^laugh^
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I must say, I am impressed with jonnybravo0311 detailed reply. Thank you very much.
Also a thanks to the other replies, it was much better than the first one.
A follow up question: Based on the info here, I have decided to go with GAW. Only thing is, I am not sure what Hashlets would be the best investment.
Any advice?
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Let's forget for one moment about ROI and focus on what the two operations offer.
GAW has no pool fees, but is this applicable to the cloud mining, when I buy Hashlets?
CEX/Ghash has high maintenance fees, but have trading options.
If you say, one of the options are better, please substantiate, why you are saying that. ^smile^
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+1 post towards your 50 posts for PBmining signature campaign. Your post says nothing, it just bumps your post count. Please give constructive posts with valued inputs.
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