How much I have understood this is about mining datacenters in Canada,not US-and the climate in Canada is much more favorable then is USA for mining.Of course the price of electricity and labor costs are far less in China,but this is no more option for anyone doing anything regarding cryptocurrency. This doesn't like a feasible fit because electricity is cheap in china, the biggest 2/3rd of BTC is mined. Other place where is BTC is mined extensively is European countries where temperature is low. That provides for free cooling of mining labs. Northern US provides neither of those in the first place. Secondly, roughly 6 million are left to be mined anyway. So, better invest in mining of some other alts instead of BTC.
I am not sure about Northern USA climate,but Canada have fairly low temperatures throughout the year : https://en.wikipedia.org/wiki/Temperature_in_CanadaAlso there is something less than 6 million BTC to be mined,more precisely 4,178,738 currently,there is still plenty of room for profit-otherwise everyone would listened your advice and leave BTC mining. |
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I bought lots of bitcoins when BTC was at 2K$/BTC...
If I didn't spend most of them I could now be RICH! (or even millonaire)
Don't act like me and try to keep the invests as long as possible, I could have earned LOTS of $ but I earned about 500$ instead.
I can't be angry with myself as I didn't lose anything, but I didn't earn as much as I could have earned.
What are your stories about BTC? What do you think about mine?
Have a nice day
So how much you bought at 2000$ that you could be a millionaire today and in what currency,maybe in your local?Let's assume that you have all BTC you bought at 2000$,to be millionaire in USA $ you need around 95 BTC in this moment.So you say that you invest almost 200 000 $ when BTC is worth 2000$?Even if you sold at 5000$ you would have big profit,but instead you profit is only 500$? Something's wrong here,that's what I think about your story. |
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Has the problem with the availability of wallet on the stock exchanges been resolved? If the project really takes on Binance it will be a great success.
Wallet is available,desktop(you need to download all rai blockchain) or you can choose online wallet.I download latest version of desktop wallet and data.ldb which is posted daily here so first sync is pretty fast.There is also some info that lightweight wallet could be available in the near future. Regarding Binance,they accepted XRB so it is only a matter of time when it will be available for trading. What are your estimates regarding price of XRB in next few months,can it reach 50$ or more? |
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After moving up and down, it seems BTC remains in the range between 10K and 12K, is it really possoble for price to dip below 10K and reach to 8K in the next few weeks? Original analysis about BTC from Kuang Ren: Overall, price surged by a small range after breaking below MA 1Week after the expansion in volumes at high levels. Though price moved back to MA 1Week later, price kept going downwards. On a weekly basis, therefore, the overall bearish trend remains intact, making it unfavorable to buy at current level. The narrow-range move today shows the temporary balance between bulls and bears after the fierce game. Having a rest before any inflection point of rally or trend reversal seems helpful to control risks and free yourself from anxiety. Original by Kuang Ren, translated and posted by AICoin Jami. You can also track the real-time price inforamtion here: https://www.aicoin.net.cn/chart/D331D4E2 Where were you few days ago when price drop to 9000$?Nothing is impossible in case of BTC,and 10k$ level is just one psychic barrier which can easily be broken anytime.Today we have another drop in price and it is now at 10500$,just look how is this sharp and sudden drop. For people who want to invest this is very good time,looks like BTC could end up again bellow 10k$ for some short time.I wonder what's causing this drop,so far no some new bad news...  |
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Anyone who owns bitcoin will soon be able to receive a new Artificial intelligence cryptocurrency. All bitcoin owners will receive the cryptocurrency at a rate of 1 BTC to 1 BTD, setting the stage for possible market activity. To date, 20 exchanges and wallets promise to support bitcoin dollar once it launches, according to the project's website. Read the details in the article: https://coinidol.com/claim-your-bitcoin-dollar-today/ What to say except here's yet another clone of BTC which will use name of $ in his name.Although some will say that one should not complain to some free money from this fork,I do not like to see so many altcoins using Bitcoin in their name.It has been proven that it mainly entails confusion among new users,and ask the eternal question in which Bitcoin we should invest. I do not know can this altcoin be any better from BTC/BTG,but it remains to be seen how users will react on new fork. |
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I think Wall Street is only about how to make profit and if BTC can make a profit for them nothing will change even for small users.Last price decrease was an opportunity for everyone to buy low and sell high.Some say that price decrease may be related with first BTC futures expiration,so we will see when next futures is expire in January 29. whether it would have the effect on the price.
Personally I do not like that Wall Street is involved in anything regarding BTC,they have thrown the whole world to the knees in 2008 and destroyed millions of human destinys around the world.I hope that BTC is strong enough to survive even them.
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A new information stealing Trojan called Evrial is being sold on criminal forums and being actively distributed in the wild. Like most Trojans, Evrial can steal browser cookies and stored credentials, but this Trojan also has the ability to monitor the Windows clipboard for certain text, and if detected, modify it to something else. Read more: https://hype.codes/trojan-switches-btc-address-copied-windows-clipboard. If you still need it for whatever reason, run it in a virtual machine. If you are using personal wallets for a number of coins, it could be advised to create a separate virtual machine for every wallet you have with nothing else on it. The same advice is applicable even if you use Linux. Out of curiosity, how many such trojans are already running in the wild? I always use Windows and I never have any serious problem,it's not what OS you are using, but how you use it.Good antivirus+firewall and extra malware protection like Malwarebytes Premium in cooperation with a little common sense will be enough to protect users from such threats.Stealing of cryptocurrency is big business these days,I bet there is at least one more unknown program like this one to every known and disclosed one. |
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You all are welcome to my Bitcoin faucet. Claim 120 satoshi every 20 minutes. Claim 130 satoshi every short link you complete without no time interval. Earnings directly to your FaucetHub account. 20% of ref. commission. JOIN NOW - http://faucet.crypto-papa.com/Please post your addresses with proofs to support the faucet. Thank you.  Don't forget to check our Cryptocurrency Trading Discussion forum as well - http://www.crypto-papa.com/UPDATE: Users now can withdraw their satoshi once they accumulated the withdrawal amount. This can hardly work with such high reward and low timer,and I doubt users will be pay when reach 10 000 satoshi/and now when I see you set some date as payment day and you say "Users now can withdraw their satoshi once they accumulated the withdrawal amount." I think you will not have enough money to pay users. I think this is just a cheap promotion of a new forum,and I suggest caution when using this faucet. |
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There is no doubt that BTC is very risky asset/currency,especially for new users who do not know some basic things.So before buying BTC every user should take some time and be well informed before taking any action.Beginner's mistakes such as downloading fake wallets,using phishing sites,exposure of private keys/seed or send BTC to wrong address are everyday occurrences.
On the other side there is always risk of losing money due to volatility in BTC price in short or in long term.But this is risk every individual must take over when investing in BTC,its future is uncertain although for most it looks promising.
From the security aspect if user take all necessary steps to secure BTC it can be almost 100% sure in this regard.Risk of price go down&losing value can not be eliminated,a person who does not want to take that risk should invest in something less risky.
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Nothing is impossible when it comes to BTC,but I personally do not expect that 2017 can be repeated this year.Last year was incredible in terms of price,but it show us that infrastructure on which BTC is based have a lot of disadvantages.Increase in price is create big problems for exchanges,fees are become too high and transaction too slow.In this moment price is maybe more than expected,and I do not think we should expect something more until the issue of scalability is resolved.
I'm thinking that price in 2018 will depend on how fast SegWit will be finally accepted by major exchanges,and developing of Lightning Network.Also price will depend on how will some countries regulate trading&mining and a general attitude towards cryptocurrency.
I will try to be realistic about my predictions and say that at the end of this year BTC price could be 30 000$ or in the best case 50 000$.But as many predict we we can expect big corrections.
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The last events showed that BTC price can go down very fast and we tested 9000$ level.I think it can happen again at any time because at this moment the price is very unstable and can move in any direction.If you want to invest some bigger amount of money I suggest you to watch situation carefully in the next days.
Still, it is best to do what you think is best,it's about your money and that must be your decision.
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All this could be regulated much earlier and we would avoid this whole drama,I thought that people in South Korea are much smarter,but obviously they not.If they not know how to do it why not just look in Japan and learn from their example.I think it's the best for cryptocurrency companies trading/mining to find some more friendly countries.It would be good that we close story about South Korea and China,but I still think that these countries will cause a lot of problems for cryptocurrency in future.
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If you not have any cash it will be difficult and probably very slow to earn something in crypto world.Faucets are paying very low rewards,and to join some signature campaign you need Full Member or higher rank-and some solid knowledge about cryptocurrency and good english.But if you have some skills which you can offer to the community (banners, signatures, programming, marketing) things become much easier.
But the most important thing is determination to achieve something,many give up on the first obstacle.I can say that I start without any investment few years ago and things looks much better today for me.I did not become a rich man,but I have much more money then before thanks to cryptocurrency.
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Would you add my Dogecoin faucet to your list? http://www.freedogecoin.win0.125-16 Dogecoins every 120min (reducible to 30min) Daily Loyalty Bonus Free Lottery ticket with every faucet claim Direct Payout Thanks in advance I check your faucet and I see it need registration and that it have 50 DOGE treshold so in this timer/reward combination user will need some time to reach that treshold.I usually avoid such faucets,but I will register and check how things work on your faucet. Since DOGE price is very high than usual, reward are pretty small and many faucets are stop paying/have insufficient funds,I advise you to focus more on other coins-DOGE will probably go down like always. |
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But after all it uses the blockchain technology, so will the miners accept it? Will they accept to have way less fees?
Miners should be equally interested in a high BTC exchange rate. Lightning will add orders of magnitude to potential BTC value, as it permits orders of magnitude increases in transaction rates, plus all Lightning transactions occur faster as there is often no block confirmation to wait for. This means vastly higher velocity of money for Bitcoin than would be possible otherwise, and so commensurately higher value to the BTC units on the network. Will miners care about a 50% reduction in fees if the Bitcoin price increases to $50,000 or $0.5 million? They shouldn't. I agree that miners should be interested for implementation of LN just for the reason you mentioned,but somehow it seems to me that things will not go so easy in that direction if we see how SegWit progress goes slow.But this is not culpability of miners,exchanges like Coinbase or Blockchain.info slow down the whole process of progress.But when time is come and LN become available to everyone in combination with SegWit,price should explode and BTC can become not only commodity-but also a very cheap way of paying goods and services. |
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... They are mine. https://blockchain.info/address/14CcGqNimXTVhEmX8vqr2WVrhbK9Qt7SZNAfter 4 year I hold my BTC, last week, whike I was getting BCC/BCG coin (fork bitcoin) I was hackered and all my BTC was stolen. I had payed attention to everything, but I believe, but I am not sure, I used in the same time Electroncash and Electrum 3.0.5 (and may be the first is vulnerable As Electrum support written about release before 3.0.5). Well, I couldn't believe my crypto time is finished in this way. This appear a cruel wolrd where only smart people and hacker survive. SO I believe that in this decentralized world the only way is to spread informations. That guy (the hacker) has just spent 1 btc but the rest is unspent. Who accepted that money has/will accept/ed STOLEN MONEY. It is not ethic. Please stop those actions and If you believe me please refund me. I would like evidence that until all those situations happened in this crypto world, it is guaranted a wild world and many people can say Cryptocoin is not a safe world for your money but only for speculation and it is guaranted an illegal world and actions .... All the BTC STOLEN coin are tracebale with pubblic address. We don't know Who the thieves are, but a sfe action should be that btc should be hold/blocked by miners or non accepted until they came back to the owner.THis implementation should be done or a similar one for stopping hackering actions. Please suggest more ideas to STOP STOLEN CRYPTOCOYN. THey have to spent or exchange so in that time Stolen Coin should be hold and refund to the owner (if declared) If you believe me and You have received those BTC from that pubaddres ande the following ones I remind you that those BTC are mine and ar STOLEN ( I could show you with my wallet) Please refund to the legitimate owner In thrust. Thank you I really feel sorry for your loss,it is almost 30 BTC and that's really big money today and will be even more in future... In process of claim BCH&BTG, obviously the wrong step was made.If you have BTC in Electrum wallet and use same seed in fake ElectronCash then you lost your coins in this way.Since you type Electrum seed in ElectronCash fake wallet,hacker get only thing he need to steal BTC/BCH/BTG probably in this order. You can try to report you problem to police and there is always some chance to catch thieves,but chance for that is very small.Unfortunately BTC is still quite anonymous and traces can easily be hidden.Hacker can use some coin mixer or just buy other coin,and repeat it many times. Since coins are still in that address he use you can try to warn exchanges/mixer services,but you lost control of your address and you can not sign message to prove that you are only owner of that address. |
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There is a daily updates going at discord, you should join it to follow the most recent news wich are posted at announcements, even whith the sugestion to make weekly updates, the core for now will try to post daily as there are news. The distribution is over, and developers trying to stop and make it the most fair way till some greedy people tryed to control it and well some whales might had abused the faucet.... but still a lot of them had sold their coins once the faucet did closed or even before to avoid loose money. The faucet were the most fair untill greedy people, developers were focus into solving the abuse instead into improve the coin a lot time has been wasted into it. Currently i wanna to say that developers fund has spent 1milion raiblocks into : growing the core growing the staff incentive(bounty) for the light wallets wich might be released this month already, https://raiblocks.net/account/index.php?acc=xrb_1ipx847tk8o46pwxt5qjdbncjqcbwcc1rrmqnkztrfjy5k7z4imsrata9est (you can trace the last transactions there) The developers fund had 7 milion xrb wich will be used to improve and grow the coin as well the team. Breaking news, someone did got insane and paid the last votes required to get coinpayments, a single person did paid the remaining 700 votes missing to get into coinpayments, you can read about it here: https://www.reddit.com/r/RaiBlocks/comments/7rffjy/purchased_776_votes_for_coinpaymentsnet_vote/Each vote has a cost of 0,00100000 btc....if you wanna you can donate back some to this person. This month we can finally reach binance but well we need to wait the core news saying the bug is fixed and the node are stable to handle volume, better delay a few days then open a market and frozen it for a long period....dont bother the developers with exchanges issues since they arent related with them, they have a open channel to talk with them and nothing else, they cant force any exchange to process faster deposits or cashouts. Let the core work, unlike the most altcoins we do have a product working, very active core team, always in contact with their community wich is pretty exited to see and get the news and test and use new services. I do remember this coin at June of 2017 without no other interest besides faucet income, nowadays the things has changed but the opportunity to make and earn money still around, build your project and use xrb and im sure you wont regret. Light wallet will be great thing for this coin because it is not easy to sync desktop wallet even if we download data.ldb and then sync wallet.Yesterday I download data and start to sync,but in 2 hours only 2000 blocks are download-today is situation something better and I hope I will catch up with blocks and sync wallet. I remember when claim rai with faucet is very popular,it was a good but also risky distribution what some have used to hire an army of claimers to work for them,I must admit that for some time I also claim and sold some Mrai,but I keep some for future which proved to be a good decision. |
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....There is many fake Electrum sites which use Google ads and they appear on the top of search results.Unfortunately many people lose theirs BTC by downloading fake wallets from such sites.
So how can these activities be stopped or neutralized? It is difficult to actually completely stop someone to make a malicious page and then pay advertisement to Google or any other search engine that the result of such a site appears in the first place.There is option to report such site which I do many times here : https://safebrowsing.google.com/safebrowsing/report_phish/?hl=enBut new pages of the same type appear again because it's a very lucrative job.Just based on reports here on forum a lot of people loses BTC in this way,and I think this i maybe only 5-10% affected users. In every phishing report I explain and ask Google to ban all sites(except for a legitimate service) that are use "Electrum" in site name and not to allow them to use their advertising service.But it is hard to expect from them to do something about it,at least not in the near future. |
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There is no doubt that gold&silver have always been a safe investment,but their price is fairly stable over time although there are ups and downs.Just over a month ago price of silver ounce is drop to 15.74$ and highest price in last year was 18.60$ per ounce.So it is not easy to profit from sillver if we compare that with BTC. Also we are in digital age,people like everything what is connected to internet and BTC is currently something that attracts great attention. its more comfortable to buy something that you can store on your pc, mobile or hardware wallet ... and you don't need to buy whole bitcoin. Look if btc make 5% up for 24 hour so you earned 5% from your investment .
Though that may be correct, most people want a physical item that they can keep. That is why they choose to store precious metals. Bitcoin and Silver will eventually have no real value. Why you think like this,especially for silver?Will gold also lose value? |
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