in theory it should force people to use bitcoin more, if you store has something that they want, otherwise better to leaves the other payments option or your income would suffer
one thing you could do, is offering some kind of bonus if someone pay in bitcoin, this should incentivate more its use, without cutting too much your earning and without escluding a big clientele
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We can take in loan for gold and can deposit in bank and achieve interest on them.
you are speaking about virtual gold i guess, because it would be troublesome to move the gold from one place to another, not really practical and anyway how it work with collateral? or there are specific website for something like that?
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people in theory could force their governments to change their mind about something, they only need to go abroad and leave that place, there is plenty of place with non-regualated btc, i'm sure that if many do this, their governments will be forced to apply what they want
regulation is good for increasing security, but if become too complicated, it may bring some annoyance...
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just don't ask for loan without collateral, when you are a newbie, because there were plenty of users in the past(today much less, tnx to vod) that were scamming tih loan and new account
anyway you sound like another of your account(maybe your main) was murdered to death by some experienced forum members...
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one ca not forget about maxcoin, when it was launched, a total mess there was bad copy of it all over the place, with some of them containing virus, i remember that i was infected(prompt popping like no tomorrow) to, lucky i disabled the connection fast enough..
so it is better to invest your money in something else, like in btc for example, if you don't like btc because of the recent drama about the tx, you can choose between dash monero or litecoin, and maybe doge.
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i would say up to 10% more per btc, so $25 x 4 on a total value of 1k usd, which is 1100 total
but you can only do this in real life, and i don't like it too much, there are some cases of a naive traders that was robbed or arrested ecc...
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well accounts market is just an amazing deal for sure be here for 1 week and buy a hero account even for 1btc will worth the cost ... can ROI IN around 3 months ,soo maybe better be active and keep posting on those 3 months
you can roi in two weeks actually, but you can do it with bit-x only, there is no other way around, if you manage to sell it at 10% more, seeing how you have more post, it would be a good deal, the problem is that dealing with unlimited campign with more than 1 account is useless another thing you can do is buy one account do some trade with it, therefore increase its trust, and sell it for a better price, it should be a relatively fast way
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Earned much by posting. Want to learn any other methods to earn.please suggest some methods other than faucets.
selling and buy account or create your own and use them for many signature lending with 10% in max one week for return do some trade, if you are good at it the rest is pure gambling, not recommended
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they are still talking about xt as altcoin when it is cleary a simply upgrade to the original client, i think they are just coming up with random excuse to not switch Gavin said 8 MB will stay for 2 year only and it will keep doubling untill 2016 in every two year. That means, Chinese miners needed to accept 8GB max block size in 2036, if they went with XTcoin. I think, that is what is most disturbing. I'd rather like to see QT increasing the max limit to 8MB. That solves all the problem for next 2 years.
it does not change much if you upgrade qt or you call it xt and do the same change, this is not the point...calling it xt is only for remember the shift more as an important thing in the history of bitcoin
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Also remember to physically close your built-in webcam, if you are using a notebook. I have heard about people who were recording keystrokes via the webcam access and mirrors in the room. Keep your Anti-virus / Firewalls etc. updated and they would catch most of these nasty malicious thingies. I use a combination of different products and I have been relatively lucky sofar. This is why 2FA and Multi Sig are so important. Make it as difficult as possible. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Are all key loggers picked up by Antiviruses or are there any that might trick AV into believing they're harmless. Also, do you mind telling which products you have been using for security? I try to keep my coins on an offline computer as much as possible but I need to keep a few on the live one as sometimes I am not able to access the offline machine. A huge part of my bitcoins (600+) are stored in the deep cold storage & all payments from it will be signed offline. But, a small portion of coins (about 100+) are online. And I'm using currently "Bitdefender Total Security 2015" & also I encrypted all my private files on my laptop. But, I always feel insecurity .............. Are all key loggers picked up by Antiviruses or are there any that might trick AV into believing they're harmless?
This I want to know too. I would think keyloggers are easy to detect for antivirus and malware scanners. My antivirus does a complete scan of my hard drive once a week and I keep my windows updated, should that be enough for a someone who doesn't visit doggy sites? I use MalwareBytes Anti-Malware and it usually is pretty thorough in detecting unwanted things but I still feel a bit insecure and I do have encrypted keys and other important files and they're all backed up but I have seen people reporting on this forum besides having all the security in the world, they got hacked and lost their coins and usually the explanation people give to that is someone must have stole the key, but to decrypt the key one must know the password so there must be some key loggers that are getting pass AV's radar. i'm using malwarebyte, too, and while i found it to be a beast, i still added malware anti-exploit and zemana antilogger, also hitmanpro for some searching from time to time but your best bet it is to not download anything that has not any digital sign, if you follow this, it is impossible to be hacked
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I rarely see discussion on the impact of bitcoin. No, not financially, not from an economic standpoint.
How about the eco-system?
Our network hashrate for bitcoin alone (there are also many alts out there) is 177,943,954.
Now lets assume that everyone mining right now is rocking the best of the best hardware (they aren't) grabbing 0.5w/ghs. FYI electricity cost in washington is cheap. REALLY CHEAP. Due to all the hydroelectric power. That been said its about .04$ on an industrial tier. Which means they can run really inefficient hardware by our standards and still be profitable so this is a lot worse than iv'e calculated. I should note EVERYONE is flocking to washington right now with their miners. That means with bitcoins total hash-rate of 177,943,954 GH/s that its energy consumption would be around 88,971,977 Watts or 88.9 Megawatts of power.
Again these numbers are likely far below actual. I would tack on an additional 30% even for people running older hardware.
88.9 MEGAWATTS OF POWER PEOPLE
We can only assume that with the reward drop coming up that either hashrate will double or the price of bitcoin will have to rise. Maybe a bit of both as im speculating but regardless.
Does this seem responsible? We are basically polluting on a massive scale to make pennies on the dollar.
You have to assume at some point governments will come together to put this to an end?
Efficiency will keep increasing and we can hope that the wattage used goes down but when more people get involved and bitcoin use increase there will probably be an increase of miners but that's just standard growth to use. if the wattage will go down because of a better efficiency, then more miners will be added = the same result as today(with more hashpower, but same consumption), you can't escape from that equation the only thing to reduce it would be that bitcoin will remain at current price(after the halving), therefore miners need to shut down 50% of the total hash, unless they manage to double their efficiency in 1 year so there is a percentage of possibility that nothing will change with the reward(besides the difficulty), highly unlikely though
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a good way to do it in 3 days, and to earn more than 0.1
buy two hero account for 0.5 each, one will join bit-x, and the other, another good campaing, post 26 post a day for 3 days with bit-x for 0.1 profit, then post with the other for another campaign for 0.05 profit, then sell these two account for a bit more than 0.5(like 0.55)
and you're done, you can earn at least 1.2 with this
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actually it is relevant if you want to run a business for bitcoin, and you need to run a full node , for example you need to know about confirmation time, so you can decide what you can offer to your customers in term of fast transaction
however i can agree that you don't need to know everything about bitcoin, but at least the bases should be known
That's not what the article is about. He does not discuss businesses. He does not deny it either, and if he is a guy that he is not running any business now, he can in the future maybe, and when that time will come, he will need to know more, about bitcoin, that's what i mean it is better to have basic knowledges about everything, one never know also he just saying that, one don't need to know about bitcoin, because the success of it is not tied to its understanding, well no one is saying that you need to understand bitcoin, to help its success, and you need to understand it , only if you work with it, this should be pretty obvious another example outside the business world is that you need for example to know how much time a confirmation take if you want to send money to your friend, and you don't have enough time to do it and he need that amount asap, so no he is not really correct from my pow or you need to know how to use fee, if you want transaction fast, and the higher the fee the higher the priority ecc..., so again he is wrong...
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the payment for that work is waay too low i dont think anyones time is worth that much money, i would better use faucets instead i doubt that you can do better with faucet, because solving 1k catpcha require 1 hour and it give you 0.0033($0. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) with faucets to get the same amount in one hour you need like 300 faucets of 1k each, and there aren't 330 faucets that reward you 1k Dude, how do you get the same ammount in a hour if most of them only allow hourly claims if not even daily! With captcha is just write and send, Simple. With Faucets you need to find them, copy BTC, paste, DO THE CAPTCHA ANYWAYS, and your money takes time to come, and it gest splitted into several places before going to your account, then there is the fee. Faucets you do the captcha anyways, so please dont say Faucets > Doing captchas. first, there are many faucets that work every 5 or 10 min, so your first sentence is not true at all second, i said that you can get the same amount in one hour by solving 300 faucets, which mean solving 300 captcha which is 1/3 of solving 1k captcha, so you need 20 min for that and not one hour third, you don't need to copy and paste your btc address, because with something like chrome, you can re-write it with two click if you use autofill of google chrome exactly, and they can go to faucetbox fourth, i said in fact, that faucets are not worth it in the end, compared to that captcha solving system
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done
wow he is newbie, and you give collateral to him ? he looks trusted, he did two trade with escro.ms and he has +10, maybe he gained that trust to scam later, but right now he looks legit
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Poloniex has new "Lending" feature. I'm earning 0.05% daily interest on BTC I lended to margin traders. Still it makes it around 18% annual return, probably not worth risking keeping your Bitcoins on an exchange.
I look at poloniex " Lending " demand is still quiet. demand borrow quite a lot, but demand that lend absolutely no I think its risky to keep your btc in these site. because they may scam you one one day, and took all your money. The thing is that yes we can make a good money from Signature Campaign (High Paying), the trading thing that the op mentioned in the OP thread is risky, because if some one dont know about trading he may loose his btc, because its happened with me that i lost more than 80$. it is risky indeed, but investing isn't something that's easy and without risk. if i would lend my money with such purpose i would prefer bitfinex. that exchange gives me much more confidence than poloniex. yes because poloniex very recently issued a lending system, so not many people believe. I see still better lending in this forum with collateral account i did miss that, it is nice to have lending integrate in a exchange directly, but the volume is non existing, there is 1 guy that want a loan and 10k guys that are offering one also the interest is monstrously low 0.0130%? really?
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I don't understand where people are getting this notion that Bitcoin price will do well in an economic crash. It is way to volitile for anyone with sense to put their wealth into.
despite your claim, which is true for the general trend of bitcoin, if one look at the all time chart; bitcoin is pretty stable recently, and anyway stability could only increase with adoption, so if none is willing to take the risk and begin to adopt bitcoin, then stability will not be achieved ever and in a crisis like this the safest market is the one more new, bitcoin fit perfectly for this
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actually it is relevant if you want to run a business for bitcoin, and you need to run a full node , for example you need to know about confirmation time, so you can decide what you can offer to your customers in term of fast transaction
however i can agree that you don't need to know everything about bitcoin, but at least the bases should be known
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the payment for that work is waay too low i dont think anyones time is worth that much money, i would better use faucets instead i doubt that you can do better with faucet, because solving 1k catpcha require 1 hour and it give you 0.0033($0. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) with faucets to get the same amount in one hour you need like 300 faucets of 1k each, and there aren't 330 faucets that reward you 1k
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