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15661  Other / Off-topic / Re: How many of you signature campaign posters sell your coins once you received it? on: April 22, 2015, 12:36:45 PM
I'm basically playing with all the BTC I received from signature campaigns, I also convert some every now and then even if the prices are ridiculously low. It helps me to pay some bills, you know. But the majority of my coins remain in a paper wallet, which I hide in a place wherein I'm the only one that can touch it or see it. I'm surprised that most of the users who are enrolled tend to say that they're holding. Grin
15662  Economy / Service Discussion / Re: I've just opened account on Localbitcoins.com and scammed 0.4 BTC ! on: April 21, 2015, 01:12:14 AM
Normally I don't use LocalBitcoins, 2 hours ago I opened account on LocalBitcoins and verified my account with SMS,Mail,ID. I wanted to sell bitcoin and it said if you want to create advertisement you must deposit at least 0.4 BTC.

Actually I wanted to try with 0.1 or less. Whatever I deposited 0.4 BTC and created advertisement. "stranenindivid " wanted to buy 0.4 BTC with 270 Turkish Lira.
He said that he paid money to escrow and I got mail from escrow@localbitcoins.com like this.

Hello dear xxxxx, We have got received payment 270.00 TRY and ready to send it to you. What do you need to do transfer successful? Release the coins and we will send you automatically 270.00 TRY to IBAN:TRxx
Best Regards, LocalBitcoins escrow !

Normally I search mail address on Google but I don't sleep almost 36 hours. (Why the fuck I opened account on LocalBitcoins in this situation, I don't know)
I checked my bank account but I think escrow will give my money on work hours. I released bitcoins and they're gone..He withdrawed bitcoins from LocalBitcoins immediately.

It was my first experience on LocalBitcoins, I am so sorry. I am student and 0.4 BTC is good money for me. Be careful guys..

Well you shouldn't believe in emails like this. AFAIK, localbitcoins doesn't offer an escrow service, so that could be created by someone who were you dealing with. It's easy to create that email and send you something like "Send this to X address and we will release the funds shortly". Next time, be careful. It's the person you're dealing with that often result into scam, and not localbitcoins per se.

EDIT: localbitcoins do have an escrow. Haven't read the first comments above me.
15663  Bitcoin / Bitcoin Discussion / Re: How to convert to fiat anonymously? on: April 21, 2015, 01:05:17 AM
Going directly to an exchange to convert your btc to fiat requires you to give your personal information due to KYC, so the viable option for me if I want to convert "anonymously" is by means of exchanging with another person. In this case, there would be no questions asked; show me your QR code for the address, you give me the money, I'll give you the btc. That simple. But there are cases when sometimes, the person that you're dealing with is a complete douche and tends to cheat you in the end (by means of robbery, this happened to someone I know when he dealt with someone)
15664  Bitcoin / Bitcoin Discussion / Re: Should I move my cold storage to multisig? on: April 19, 2015, 09:00:19 PM
I was keeping my bitcoins in standard wallet with good strong encrypted password. What is multi Signature and how can I use it ? Where I can get it from ? How is it more safer than standrad encrypted wallet ?

Think of it like adding an additional lock to your front door.
Standard address only needs one key to get inside.
Multisig addresses can require M of N keys to get inside. (i.e. 2 of 3, or 3 of 5, 4 of 20, whatever/etc).

Here's a good written tutorial:http://sx.dyne.org/multisig.html

D'Angelo goes over them with his blackboard series:  https://www.youtube.com/watch?v=zIbUSaZBJgU
There's also this guy:  https://www.youtube.com/watch?v=ZKRLJGBMqWo

Now I understand. Instead of "breaking" only 1 "lock", the attacker should "break multiple locks" in order to gain full control of my wallet. Well that seems to be a pretty good thing if you have a large stash that needs some hiding. But I think I'll still use the paper wallet one for now. Anyways, thanks for the links and the information.
15665  Other / Meta / Re: Posts deleted on: April 19, 2015, 08:31:31 PM
The moderation here is generally considered to have become somewhat heavy-handed recently. You aren't alone Cry

I disagree here. I've always felt that there is a lack of moderation for a privately owned forum. There is just so much nonsense and people who're in signature campaigns often repeat the things that others said in the same thread. I don't remember the last time that a moderator removed my post. If there was too much moderation we'd all be feeling it.

Agreed. And sometimes, advising a topic starter to close the thread since he/she receive a sufficient response in regards to his/her questions often result in bashing from other users. Oftentimes, a thread is bombarded with redundant replies only with different words so as to hide the similarities between them. That's plainly annoying to read.
15666  Other / Meta / Re: I think you should make a "Faucets" section ASAP! on: April 19, 2015, 08:21:25 PM
And for whatever reason, I clicked on No instead of voting for Yes. Silly me.

It's kinda annoying visiting the Service Announcements section filled with faucets announcing that they are opening. Well for me, it cannot be considered as a service in any means. It is good for newbies who want to get their hands wet before deciding to go on fully with bitcoins. Several threads have been created simply for this matter, because many user thinks and sees that the important services are being outnumbered by faucet announcements.
15667  Bitcoin / Bitcoin Discussion / Re: Should I move my cold storage to multisig? on: April 19, 2015, 07:25:00 PM
I don't have that much though, but still a pretty decent amount to protect. I'm using a standard wallet and printed it in a paper, laminated it and keep it in a place where I think it's safe. I don't want to complicate simple things for me but if events push me to do so, then I'll probably look into making one.

I suggest you to use a multi address, or better use greenAddress the web wallet with a lot of features. Check it here:

- https://bitcointalk.org/index.php?topic=521988.0


However in that case you have asked for a cold storage so it should be "offline" then in that case the type of address does not matter (so much).

Reading the thread now, and it seems that I wouldn't jump on this green address yet until I fully understand the concept of multisig addresses. Thanks for linking this one, redsn0w.
15668  Economy / Economics / Re: Bitcoin is not a bubble on: April 19, 2015, 07:05:05 PM
Bitcoin is a bubble. It's basically the year 2000 where companies become overvalued and such.

It should burst anytime. Most likely during the block halving next year.
The price is decided by the balance of supply and demand! When the block halving happens next year, the adoption rate will be high enough as the bitcoin ecosystem is improving. The supply suddenly halves, the price definitely will skyrocket.

+1
Halving will be good for Bitcoin because less freshly mined coins will enter the market.
It's also not overvalued, it's actually undervalued now at $200. If only 1% of people in the world owned Bitcoin we'd be at another ATH.
More coins should be bought than sold each day to cause a price increase, and people aren't buying anymore since they can pay with other methods that are familiar with them. Many bought bitcoin just because the price skyrocketed to $1000 per coin and they thought that it would rise again.

Another reason why people aren't buying coins right now is because of its low price. Let's admit it, not every person in this world is willing to take the risk on buying an asset that has a low assurance of making them money. Not all of the people are risk-takers; most of the people tend to follow a path led by successful figures. Remember what happened during Nov. 2013 ATH? The upward price surge isn't only caused by the bots and China, it is also caused by the hype of making some money in bitcoins.
15669  Bitcoin / Bitcoin Discussion / Re: russia bitcoin ban on: April 18, 2015, 07:33:35 PM
I think they have a very high level of corruption, and this law will be applied very selectively.  But for most people, they can keep using Bitcoin.



bitcoin don;t have future ,? I am right?



yeah but not in some countries, where they ban and blaming it because it bring child porn and criminal, when their fiat currency already do the same but in a worse way and on large scale too

despite this some russia citizens are still using bitcoin

but main is bitcoin price and in russia that will close bitcoin after drop btc price ;(

There are more factors that really affect bitcoins success, not only the price. It is true that we are currently experiencing a decline in price, but that doesn't mean that the coin is dead. Also, even if Russia bans bitcoins, I don't think it will hit bitcoin hard. Russia is just a single country, there are other countries in the world that still accepts bitcoin, and within the confines of those counties lies people who are willing to use bitcoins as long as their country isn't that hard on the idea and usage of bitcoin per se.


As I realized, good is if in russia will close bitcoin ?

Not actually "good" but if ever Russia bans bitcoins, it wouldn't affect the price significantly.

before in china close bitcoin and after bitcoin price drop significantly

Yes, when China supposedly banned bitcoin, many investors, traders, and holders panicked, selling off their bitcoins and thus resulting to a massive price drop because apparently, a large volume of bitcoin trades take place in China. Also, large mining industries and farms are situated in China as well.
15670  Other / Meta / Re: Report Post Accuracy? on: April 18, 2015, 07:26:56 PM

I am just speculating but here's what I think will happen. If you report too many posts which didn't had anything wrong with them, then after sometime mods won't pay attention to your reports.

AFAIU they don't ignore reports like you are speculating.


Well maybe not at first but if you keep reporting posts which don't need to be reported at all and/or if they suspect that one is simply trolling then they might stop paying attention to them or simply ban them or take away their reporting rights (if there is such a thing).

That would be bad moderation imo. Reporting posts that are doesn't need to be reported will likely lessen your accuracy on reporting. Also, I don't see how "trolling" could actually help the discussion in any way; you can report those troll posts if you think that it is an off-topic reply or doesn't have something to do with the OP or any posts within that thread. And afaik in this forum, there is no such thing as removing the report privilege everyone has because it is one way of helping the mods on removing insubstantial posts and/or replies.

No I didn't say anything about reporting troll posts, I would leave that for the moderator's discretion unless someone is really off-topic, I was talking about Report Post Trolling and I meant if someone is reporting just for the sake of trolling then they might get banned or have their reporting privileges taken away.

Well maybe not at first but if you keep reporting posts which don't need to be reported at all and/or if they suspect that one is simply trolling then they might stop paying attention to them or simply ban them or take away their reporting rights (if there is such a thing).

A reply from the MOD:

Also, what if half the number of my reports are "BAD", will the MODs start disregarding my future reports?

No. It might effect your chances of ever becoming a mod if your accuracy isn't very good though (if that is something you would be interested in).

But may be if a person does report 100-1000 posts which are all BAD, their reports may be excluded although I don't feel the MOD will do that as it's their job to check reports. Also, I don't think anyone would waste their time reporting so many posts which are unnecessary. It's an extreme case.

Trolls have all the time in the world but that's not what I meant. I meant if one is abusing the report post feature with nonsense then their reports might not get handled and in the end they might get banned.

I don't think that the user who submits bad reports would receive a ban in doing so. Also, sorry for misinterpreting the "troll" part, as I thought you were referring to troll posts but that doesn't seem to be the case. Going back to the first sentence, banning a certain user who submitted a high number of reports isn't likely to happen, because first and foremost it is the job of the mod to check out posts that are insubstantial and off-topic; users who report posts help the mods do their jobs, even if in the end the reports submitted are considered constructive enough to be deleted. Lastly, I don't think if the mods could actually remove the report to moderator button to certain users who "abuses" that privilege. Better ask the mods about it.
15671  Bitcoin / Bitcoin Discussion / Re: russia bitcoin ban on: April 18, 2015, 07:10:43 PM
I think they have a very high level of corruption, and this law will be applied very selectively.  But for most people, they can keep using Bitcoin.



bitcoin don;t have future ,? I am right?



yeah but not in some countries, where they ban and blaming it because it bring child porn and criminal, when their fiat currency already do the same but in a worse way and on large scale too

despite this some russia citizens are still using bitcoin

but main is bitcoin price and in russia that will close bitcoin after drop btc price ;(

There are more factors that really affect bitcoins success, not only the price. It is true that we are currently experiencing a decline in price, but that doesn't mean that the coin is dead. Also, even if Russia bans bitcoins, I don't think it will hit bitcoin hard. Russia is just a single country, there are other countries in the world that still accepts bitcoin, and within the confines of those counties lies people who are willing to use bitcoins as long as their country isn't that hard on the idea and usage of bitcoin per se.
15672  Other / Meta / Re: Report Post Accuracy? on: April 18, 2015, 06:43:30 PM

I am just speculating but here's what I think will happen. If you report too many posts which didn't had anything wrong with them, then after sometime mods won't pay attention to your reports.

AFAIU they don't ignore reports like you are speculating.


Well maybe not at first but if you keep reporting posts which don't need to be reported at all and/or if they suspect that one is simply trolling then they might stop paying attention to them or simply ban them or take away their reporting rights (if there is such a thing).

That would be bad moderation imo. Reporting posts that are doesn't need to be reported will likely lessen your accuracy on reporting. Also, I don't see how "trolling" could actually help the discussion in any way; you can report those troll posts if you think that it is an off-topic reply or doesn't have something to do with the OP or any posts within that thread. And afaik in this forum, there is no such thing as removing the report privilege everyone has because it is one way of helping the mods on removing insubstantial posts and/or replies.
15673  Economy / Economics / Re: How to save money. on: April 18, 2015, 06:14:34 PM
Not all investment may lose your money. Theres a investment that have 0% risk and that investment will freeze your money and you will earn 1-3% profit of your invest money.

Impossible. Even the banks (which I think you're referring to) could get out of funds in some rare cases. Every investment in this world comes with different degrees of risks. It's just up to the investor himself/herself to minimize those risks in order to decrease the possibility of him/her on having a loss of investment.


Nice method, the best way of saving is putting aside a certain percentage of your income.
Invest, and you may lose it all.
Not all investment may lose your money. Theres a investment that have 0% risk and that investment will freeze your money and you will earn 1-3% profit of your invest money.

Every investment sure got risk, no matter it is a low risk or high risk. A great businessman said that higher the risk higher you will get. That things like freeze our money sure isn't count as investment, because we can't do anything about it, just wait to get that 1-3%, lets say you have got so much money of course the 1-3% is higher than low money How about people that dont have much money? How long they need to wait to get their money that they need?
How they invest if they don't have enough money? Do you think they will invest if they dont have enough money?  If they cannot afford or they money is not enough to that investment why they go there and invest? They must invest that they can afford. No you know?

Well not every investment is in the form of putting your money in a certain company and let them do the work for you. There are other things that could be considered as an investment, though, and investments aren't just exclusive to big companies. Even your $10 could make a pretty good investment, if you would ask me. I know that we live in the same country, and I know that you are fully aware of the conditions of the poverty-stricken people living in here. Sidewalk vendors, street merchants, cigarette dealers etc. can be considered as "investors" because apparently, they put their money on things that could give them profit, hence the term "investment". If I don't have that much money, I would definitely not put in bank because the gains that I could get would be ridiculously small, compared to if I bought some things that I can sell to others.
15674  Other / Meta / Re: Are members of sig ad campaigns only banned or other members as well are banned? on: April 18, 2015, 05:22:36 PM
Personally I feel I am getting freedom to post when I don't wear a signature! But I have to wear signature to earn $$ Grin
For example:
When someone helps me or writes a very long post for my understanding, I feel like I must atleast say "thank you"! I can do this with no hesitation when I don't wear a signature but the case is different when I wear a signature! I cannot even say a short and sweet "thank you" for their time and effort. I am afraid that it will be considered as a signature spam and doesn't leave a good impression to people! Hey Macro, you are the bit-x sig manager, is it ok if I post a short and sweet "thank you" when I feel its needed?

If you want to thank someone sincerely, making a private message directed to them might do it. Also, if you are hesitant that a simple "thank you" on a thread might be a reason for you to get banned, why not do the first sentence? In that case, you expressed your gratitude sincerely without getting the impression that you'll likely to get banned because of a simple thank you that you've done in a thread.
You are probably not a geek, but I understood what was said. There were obtuse references to geeky stuff that many on the forum would get.

What is your definition of a geek here:

1. a digital-technology expert or enthusiast (a term of pride as self-reference, but often used disparagingly by others).
2. a person who has excessive enthusiasm for and some expertise about a specialized subject or activity:
a foreign-film geek.
3. a peculiar person, especially one who is perceived to be overly intellectual, unfashionable, or socially awkward.

In any case, I don't relate to the above meanings so you're right. The topic was about a news article but it went a bit off topic. I would like a MODs opinion though to know if I should/not report such posts.

@erikalui,

I remember that BadBear said "each users is a case different than other. So also if you report an users it should pass a few days or week before that he is banned. It is obvious than who is wearing a sig ad 'has' the precedence respect who is not wearing a sig ad, but I think also the users who is not paying for post should be 'examined' and after banned (if they continue to make insubstantial posts).

Is the problem the posts or the fact that someone is wearing a sig ad? Or maybe both thing.

@bold: Even I want to know this. On other forums, a user is open to posting whatever he wants and engage in a conversation but since here the case is wearing a signature/not wearing a signature, it's unfair if only sig members are banned and the others are not. Rules should be same for both but as of now, there seems to be a difference between the two members.

Actually, users who aren't enrolled in any signature campaign receive a ban for certain reasons. It's just that members who are enrolled in a signature campaign often intent to boost their post count in order to receive a good pay, thus disrupting several topics by posting nonsense, insubstantial, or spammy posts. However, as for the users who aren't enrolled in such a campaign, they can be banned for doing the same thing like the signature campaign members, though they are likely receive a warning rather than receiving a straight ban if they continue on doing such things. Posting too much that are off-topic and unrelated to a topic can be enough grounds for any members here in bitcointalk to get banned. It's just that the intention of signature campaign members to get a high pay by posting nonsense, unrelated, off-topic posts isn't that acceptable.
15675  Economy / Trading Discussion / Re: Are all cryptos smothering? on: April 18, 2015, 04:49:44 AM
Bitcoin - $3.1bn, XRP - $256mn, Litecoin - $54mn.

Crypto is smothering.

Are we in danger of falling below critical mass?

What needs to be done to allow us to BREATH again?

I do not know what do you mean in particular when you say "BREATH again", but I do know that we are working pretty fine in terms of adoption. Price per se isn't what a coin fully depends on in order to survive, though it plays a vital part in doing so. Adoption is what drives a coin to its success, and price is just a result of adoption (as to how I view it at least). With a great number of people using a coin, the potential of the coin increases, thus making it "alive" and ready for future growth.
15676  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: April 17, 2015, 06:08:16 PM
Offering your services is the best one way to earn Bitcoins, later you can try Mining or wear a signature for some company.

Offering your service to other people who might need it is definitely a good way to earn bitcoins. You apply your skills to help someone out and at the same time, earn some money by just doing a thing that you're good at.

Mining is pretty much unprofitable in the current times due to the rising difficulty. With new technology coming along, I doubt that the older miners could keep up on par with the newer technology available.

Signature campaign is also a great way to earn some bitcoins if you have the time and you're willing to learn things while earning. However, due to the tempting opportunity, many users tend to spam to increase their post count. Higher post count means higher pay, so that could probably net you something good and at the same time cause headaches to the users who are reading insubstantial posts and spam content.

Best way is to get a job paid in Bitcoin and you're set.

Could be a nice way to earn some bitcoins. There are start-ups and companies that offer their potential employees to receive a salary in bitcoin. This could be a great for bitcoin enthusiasts to exhibit their prowess in the field of bitcoin and at the same time earn bitcoins as a reward.
15677  Other / Meta / Re: Report Post Accuracy? on: April 17, 2015, 05:51:26 PM
Good reports: Increase accuracy rating.
Bad reports: Decrease accuracy rating.
Ignored/unhandled reports: Won't affect your rating.

Well, that seems to be pretty much everything that I need to know in reporting posts. So far I haven't reported anything that helped me decrease my accuracy in such a thing.
15678  Economy / Lending / Re: redsn0w's loans [For reference] on: April 17, 2015, 05:47:36 PM
Seems like you started a lending service to other users here in this forum. I'm hoping for your success and may you not encounter people who aren't good on their word.

Good luck on the lending service! Hope you prosper in this thing. Wink
15679  Economy / Economics / Re: How to earn money with bitcoin ? on: April 17, 2015, 05:27:01 PM
You can do trading. If u know the trick it will be the safest way in gaining btc and if u got some from trading you can gambling. Just pray and hope you will hit the jackpot and win a lot of btc  Grin

Btw if you do faucet it will gain a little of satoshi and it will be tired so I prefer better do the trading
Anyway it is up to you

Hope it will help

Trading is for the experienced user, which I think is still risky even though you know how to play it safe. Even the safest investments could still be fck*d by different scenarios. Also, trading--as you said it--if done right, will net the trader a very decent profit. Gambling on the other hand, is still a no-go if you might ask me. Sure you can generate some pretty good money if you win, but it's only if you win. And gambling can be addictive, which in turn might make the gambler lose all (?) of his/her money if gambling isn't controlled.

I know trading is a risky things to do and it can also be the safest way. It depends how are u going to do with it. Besides you can still learn a lot of things from the trading rather than do faucet, just sitting and click captcha even kids also can do it  Smiley.

About gambling that I just said it is only for having fun and trying your luck there,  if you are damn lucky person go try any gambling sites and hope you can win a lot and you must try to control it if not just be ready to lose all of btc that you have earned

After all, risks are always inclined with investments and businesses, and the key here is to minimize the risks as much as possible. You can do this by having a diversified portfolio and not focusing your time in one investment only. Altcoins could help you get a big profit, but sometimes it also yields you nothing if you bought in during the dumping phase.

There are gambling games that requires your knowledge and skills to win, and doesn't rely entirely on pure luck. Card games and poker are some examples of these things. You can rake in a large amount of money if you win in this things, and you can also lose big if you didn't take the time to stop playing for awhile and trying to recoup all your losses.

I agree with you on that investments things but about I can't agree with you on the gambling part. Let say that you really got a high card like Ace pair but when you play others only got 2 pairs they must bet or raise and of course you will call it and when till the last card it coming out 2 that make they got threes and make you lost all of the money right
So I would say that we play gambling its really depends on your luck and a little bit knowledge rather than skill

I am not a gambler by nature and I do not know how to play cards tbh, but I do know that pulling off a nice skill in such a game will still get you positive results. Even though your opponent holds the "good" cards, you can--as far as I know--use those to your advantage if you know how to play it. Skills, experience, and knowledge, if combined altogether, can be a powerful asset, though we cannot really disregard luck in gambling because it also plays a vital role in such a scenario.
15680  Economy / Micro Earnings / Re: how much can you make weekly? on: April 17, 2015, 05:20:57 PM

is there any way you know making 1 btc per week? or per 2 weeks at least?

I think for now it's quite difficult to earn 1 btc week EXCEPT the bitcoin's value really crash.
If you do not want to gamble, then you can just trading or mine it (you can buy some bitcoin before doing it)

For now I only can earn about BTC .1++ per month

Very difficult to achieve such a feat, but it is doable with signature campaigns if you are active 15 hours a day for a full 7 days. 100 constructive posts per day is achievable imo. You can actually make some nice cash on your free time and at the same time, learn knew things you haven't before.
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