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15421  Bitcoin / Bitcoin Discussion / Re: What does Bitcoin mean to you (A poll) on: June 11, 2015, 06:45:02 AM
there should be an option to select multiple voices, because for me it's not one thing only

3-4 are my choice
15422  Economy / Micro Earnings / Re: how much can you make weekly? on: June 11, 2015, 06:18:52 AM
id really like to get into the signature stuff but obviusly i have a little while to go to get high enough status to do so

there are campaign designed especially for new members, you can join one of thos,e the best is 64 block, and no mor e777coin, which was the best in the past

yeah wasnt really looking for big time earning just looking for somehting to change work gets boring just answer phones staring at a screen all day lol. so why not fill that time with some annoying arse capthas lol

better to play bitcoin2048.com game then, it's more fun than resolving captcha, also it help brain training in some way

Honestly, nothing. Faucets are designed to give absolutely nothing in return for ad revenue. You'll be lucky to have .01 BTC at the end of the week.

The point of faucets is (or atleast was) to give newcomers a chance to try bitcoin out without the need to make investment. Give it a go, try out sending and receiving, and
if they like what they see , then they become a true user.
Anyone who is planing to earn something from them will fail bigtime, so better stay away from them, as you will gain nothing, and loose valuable time.

cheers

they are also good for having some bitcoin and test something with them(like if your wallet is working, especially for altcoin...)
15423  Economy / Trading Discussion / Re: How to sell bitcoins? on: June 11, 2015, 06:14:11 AM
i personally have a guy whom i trade btc for paypal to and withdraw the paypal to my bank. im not telling anyone to run out and start trading for paypal because its highly risky but ive been using this guy for over 2 years with 0 chargebacks. only drawback is he only pays 90% of stamp price at time of trade due to his risk of btc dropping 5 mins after the trade.

private selling with the same person is the best option, i also done this with mining equipments for a private renting, and it worked like a charm, then when you gain confident, it's like you are trading with yourself, and therefore the risk approaches zero, but they are a bit hard to find
15424  Other / Beginners & Help / Re: Bitcoin wallet on: June 11, 2015, 06:12:08 AM
The bitcoin wallet in playstore doesn't have signature feature. Anyone can recommend a good one?

online wallet or local? also mobile i guess right? the best one is called "bitcoin wallet" it could make confusion, but it resemble core in every aspect, it work with android only if i'm n ot mistaken, it was at the first spot in the top 5
15425  Other / Beginners & Help / Re: Bitcoin vs Dogecoin vs Litecoin vs Peercoin on: June 11, 2015, 06:08:35 AM
not all altcoins are shit, some have potential to be successful.

all altcoin are doomed, seeing how sidechain is a reality now and not a speculative vaporware, they will be total useless it's better to focus your attention on bitcoin only especially now with all the drama that thickens
15426  Other / Beginners & Help / Re: Help me for btc transition on: June 11, 2015, 06:06:14 AM
a bit unclear, first what client is this, core? also by change you mean that you added another address, or that you created another fresh wallet?

it seems that you just confused your address and sent money to your old address, if you still have the wallet of that address you just need to put it in the bitcoin folder, to re-gain the control of it
15427  Other / Beginners & Help / Re: Experience with cloud mining on: June 11, 2015, 06:03:50 AM
My experience is that cloud mining is a waste of time and money, you won't get any profit from mining anymore in any way

i kind of agree, at this point investing in a ponzi and in cloud isn't much different, to much risk involved, and not because there aren't legit ponzi, but because mining is unsustainable for a casual guy that want to approach it, you need to invest a tons for earning a little profit, investing few cents will not do it
15428  Bitcoin / Bitcoin Discussion / Re: On a scale of 1 to 10, How Excited (!!!) Are You About BTC and the... on: June 11, 2015, 06:00:24 AM
i'm more excited now that when there was the peak, because i knew that after that crazy value, there would be a big crash, now i'm confident that we can only rise from now

but still my excitement can't be above 7
15429  Bitcoin / Bitcoin Discussion / Re: Warren Buffet saids: “Stay Away From Bitcoin” on: June 11, 2015, 05:58:23 AM
This is a perfect example of why Warren Buffet is one smart mother fucker.

What is bitcoin? It's a highly speculative, high risk investment, do you think Warren Buffet makes his fortunes on extremely risky investments? What does he have to gain by saying go out and buy bitcoin? Nothing, it's a zero sum game for him.  If bitcoin fails, he was right, if bitcoin becomes successful, the smart people will understand why he advised against such a speculative, high risk investment, he wins again.

the problem is that he still can't understand the technicals aspects behind bitcoin, that it will make it successful in the long run, so no, his point is a bit moot..
15430  Economy / Economics / Re: relationship of bitcoin prices and mining price on: June 10, 2015, 07:22:53 PM
-snip-
When block reward halve, we can expect big increase of price

You can also expect some of miners just shut down their miners due to high electricity cost. At first halving , there was another expectation. ASICS race. Since there were more energy efficient miners came to the market , BTC price just went crazy due to this. However this time it will be a mistery. I still think there will be some increase at price but not too much.

But still, we have an opportunity about this halving by watching LTC first halving.



or you can expect the miners to remain the same and the price too, because the first will have a better technology that can sustain the price halving, because their electricity will halve too, so instead of having 80%(100-20 form electricity) they will have 40% (50-10)
Is it possible that someone describes halving for me?
Thanks

in which sense? instead of 25 coin miners will mine just 12.5, and instead of 3600 con per day(actually they are a bit more, like 3800 some times) they will mine only 1800-1900

but if they are spending 20% of their profit in electricity, with the next asic, it is legit to assume that they will spend much less, let's say 50% less, so only 10% will be reduced from their profit, which also will be halved, because of the block reward

so in the end less profit overall for them, but it will be still profitable to mine
15431  Economy / Economics / Re: Government & Bitcoin on: June 10, 2015, 07:15:41 PM
Well the reality is, we cant escape tax.

I mean you can always stay with cash, but eventually when you want stuff and enjoy with the earned dollars. You`ll eventually have to use a business, and its all about lowering your tax percentage.

The economy grows everyday, its a matter of global growth.

actually you can escape from taxes, but only in one way, leaving the earth all togheter, with the next shipping for Mars with the mars one company, it may look like a joke, but it isn't, they are serious about this, it will begin in the 2025, and each year, other members will be added to be shipped there
15432  Economy / Speculation / Re: Copycoins are Doomed on: June 10, 2015, 07:03:20 PM
no need to bring sidechain in play to be honest, look at the altcoin section is full of dead garbage now more now than ever, they were doomed after the departure for the hype of doge

I think most altcoins are useless, but I don't think sidechains are going anywhere either.

It's just like another layer of complexity on top of a system that is already difficult to understand for the average joe.

some sidechain can potentially offer anon and other cool features to bitcoin, i would not be so sure about their uselessness
15433  Other / Off-topic / Re: Bitcoin and Porn on: June 10, 2015, 07:00:43 PM
Isn't there enough free porn on the internet ?

only the ordinary stuff, some more rare kind of porn are not easily finded in pornhub youporn ecc, you need to subscribe to those site tha offer the demo for free(there are plenty of those)

i tried with torrent, but there wasn't everything, not to mention that with torrent file, you can come across some virus, not advisable....
15434  Economy / Service Discussion / Re: Has anyone experience with GigaHash.org? on: June 10, 2015, 04:51:09 PM
even if this is legit, their maintanance fee is monstrously high, in their example they are talking about 50% of your income as a fees...better join a more legit cloud with better fee that won't hurt so much your earning
Example? What service can you recommend?

only two, bit-x and hashnest, with the first you are not bonded with your contract, you can get out when you want by selling it, with the second there is the usual contract time, and the waiting for getting your principal back
15435  Bitcoin / Bitcoin Discussion / Re: Time to pack it up on: June 10, 2015, 04:42:32 PM
why visa isn't reacting in the same way, as a far as i know they have high fee too, they should discourage the use of bitcoin like mastercard is doing, maybe they are too busy to fight mastercard instead of caring about this...
15436  Economy / Trading Discussion / Re: Bitcoin Manipulation on: June 10, 2015, 03:31:12 PM
Hmm interesting, so lets say 10,000 bitcoin is enough to move to price around 10-20$?

yeah it should be more than enough, what will really trigger it is the panic buy caused by it, not the amount itself, well it's a bit of both, but if you can trigger a cascade, then you're done

whales move in group for this reason, it more easy for them to manipulate the market in group without  putting too much money
15437  Economy / Economics / Re: Will a bank being hacked boost adoption of bitcoin? on: June 10, 2015, 02:06:19 PM
No. There is no tie between Bitcoin and fiat. Bank are centralized and Bitcoin is decentralized and sort of stands against what banks stand for.

The value of BTC is tied to FIAT anyway and thats what most people measurement are to see if BTC is dying or not. Actually what OP meant is that since there has been alot of banking security has been breached will there be a chance that people might look for a safer and much more secure things to secure their FIAT which is BTC and provide a boost to the adoption because of this

Yes, that is because of globalization.
A bitcoin in Africa is not the same as Bitcoin in Europe.
The fundamental reasons for it are linked to FIAT currencies.
And there is no escape, we have to be tied to FIAT, even gold/silver etc. are all tied to FIAT.


fiat is tied to other fiat to, but only because you need another asset  to measure the value of your asset, for bitcoin isn't any different, it need fiat just for that and nothing else, so it's not really tied because it work well alone, but to have a representation of its value

bitcoin could do well even without any fiat, you just need to get used to it with the barter, if you know for example, that 1 btc is = to an apple then you know that 10 apple are 10 btc, then you can theorize that one car is 10k apple and so on, it's all about estimation at first
15438  Bitcoin / Mining speculation / Re: They're mining with light bulbs now. What's next? on: June 10, 2015, 01:59:14 PM
Ahh,The Vibraminer™!!!! Mine with Pleasurepower!!!!  Grin  Cheesy

or The Vagiminer™  Cheesy

Definitely go with the Vagiminer.  Did you register that yet?  Better hurry up because its a good one.

Exercise bicycles will be next.  You pedal to generate the electricity and you are hot and sweaty anyway so you won't notice the tiny bit of extra heat.  And then sofa seats.  Every time you fart it will jiggle little magnets back and forth, generating a tiny electric charge that is then used to mine and heat up your seat at the same time.  Not useful by itself, but can you imagine the collective power of the world's gas?
Bicyles that mine bitcoins would be neat as i use it mainly for my daily commute, maybe integrated with some sport trackers app?

probably but it's not healthy wo have wifi sitting near you all day and every day, i'm already dropping my phone away from me as a possible

it would be better if the bicycles can connect to the internet with an inside wifi that it is isolated or maybe that is not so near you(maybe inside the air chamber?)
15439  Bitcoin / Bitcoin Discussion / Re: Bitcoin under attack! on: June 10, 2015, 12:08:38 PM

from a logical point of view, a queue list will be created, with those transactions, that were left out, to be introduced in the next second and so on, but this will lead to a queue position that, will get bigger everytime this happen
15440  Economy / Trading Discussion / Re: Does anyone knows Bitcoin Arbitrage? on: June 10, 2015, 12:05:24 PM
If you have the infrastructure to move FIAT (from one country to country), there might be great opportunities. But I'm just a coder, not a banker.

then you can go ahead and make a bot that work with arbitrage, i'm sure it is possible to earn some low percentage, around 3-5% if you bot is well coded and it is fast enough

But how to rebalance funds?

you can do it through api with your client, or with your online wallet, if let's the your balance is under a certain amount, you just code your bot so it can send more coins

those should be easy stuff for any coders, i'm surprised that you're asking this...
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