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ah this could explain why my last transaction was still stuck there even with proper fee...
this is not really certainly pleasant for anyone running a serious business with bitcoin
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isn't obvious that we much choose the 20mb fork, how is staying with 1mb, can be good for big merchant like amazon, in your opinion why amazon didn't joined bitcoin already?
it's because of the TX limit(besides others small reason), they will overwhelm the current one and they know it,the same for other big merchants
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I am curious why you chosen 2140  I don't know exactly what will happen, but IMO bitcoin will be a currency that be recognized by government. You will hear about bitcoin corruption, bitcoin bank, or the special cyber crime police to catch bitcoin hacker. it's because there will be no more halving, and we will enter the fees era |
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Altough that is not a real site, is that a really legit site to play? Because from what I know forex trading is a little bit risky and there are kind of ponzi similar to forex trading too
it is absolutely legit, it's a well known software that deal with stock in the form of contract for difference, i also used it with the bonus that they give you(25 euro) with the first registration |
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IF btc becomes a reserve currency with the same status as.fiat currently does, it will take a LONG time. Revolutions don't happen.overnight.
It will not be a currency or as the same of fiat money because bitcoin is all about fiat money. If we replace or take over fiat money bitcoin will be useless. not if it can detach itself, from that useless crap of printend money everyday, fiat is now needed to point a value for it, but in the future i'm sure bitcoin can work for itself, when the fully stability is achieved How are they gonna work it in the future? People sure need fiat altough bitcoin is in a stable condition, they need to buy it then convert it to bitcoin too so with the stability of bitcoin, fiat is still needed they can't be detach each other. New people will still need to buy it anyway and sure its hard for use to get it from faucets so bitcoin and fiat must stick together in other to survive i mean, it will work like any other currency, like you exchange euro with dollars if you need it, but then you don't need to buy back fiat, because bitcoin will be used directly for everything not just buying stuff online(we are talking about a very far away future, probably even beyond fully adoption), so fiat will only be needed to buy it |
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i think you have a little confusion, it work like mining but they mine for your
so if you invest 0.5 you will by hashrate based on the current price, for example for btx is 0.00165 btc(last time i checked) for 1 gigahash/s, this mean around 300 giga with 0.5
those 300 giga will produce for you 0.003 btc day, so around 160 days for roi
the idea is that with the contract you purchase form the company, the hashing power you purchased will give you X amount of return per day, and you should see a ROI in a few months; from there on everything else should be profit.
Oh well I know i had a little confusion and missing something for sure otherwise it wouldn't make a lot of sense. Alright just couple of question tho , you said like 0.003 BTC a day for 160 days which will give you basically 0.48 BTC so it's not really profitable is it ? and if we say long term then we could simply keep that BTC and wait for the rise till it rise also what is this ROI that you guys are talking about ? the hash is your indefinitely, unless it is said otherwise in their website, some cloud run contracts that have a duration, with bit-x for example there is no plan(as a far as i know), you simply buy hash power and you can resell it later, like it is an asset so after six month you reach roi, then everything after that is pure profit |
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you do realise that VCs and Wall Street don't enter the game to make you money  they will eventually, as a side effect, and indirectly, when the big players will start to compete with each other, this baby will skyrocket, and undirectly you will be rich your pennies does not count anything for them, It is like piss in the sea when there is a downpour |
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If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin.
And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then?
bear market, aka shorters, isn't exactly synonymous with patience, if there was truly patience then the price would still be at half of it's peak, and waiting for the next pump to happen and for the second point...simply because the price was much lower, even a puff, would have rised the bitcoin price, this is why i said it was mandatory, everyone was expecting it, now not everyone is expecting the rise |
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i think you have a little confusion, it work like mining but they mine for your
so if you invest 0.5 you will by hashrate based on the current price, for example for btx is 0.00165 btc(last time i checked) for 1 gigahash/s, this mean around 300 giga with 0.5
those 300 giga will produce for you 0.003 btc day, so around 160 days for roi
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It is easy to fake a verification data in every lending website, if you search on google you can see alot of ID that are free to grab, combine it with a good editting skill then you will get yourself a fake ID.
I don't know btcjam, as i'm not registered there, (is one of the thing i have to do in the next days....) but on btcpop and bitlendigclub, when they verify the borrowres identity, thei ask for a photo with the document id near your face.... I think that this is much more difficult to fake.... But also on this two sites, defaulted borrowers are present..... they should start to add video verification, and not only photo, something like this can't be faked ever anyway my problem is that i can't find someone that ask for a small loan, they all ask for 0.5+ where ? On Btcpop and BitlendingClub, you can invest only a portion of the total ammount of the loan and partecipate with other investor to finance the loan.... For example i don't put more than 10% of the total loan ammount on a single investment... and max 0.1 btc if the loan it's big big big.... i have 20 / 30 loans financed contemporary to minimize the default ammount using only smal fractions of btc, a little more work to choice the loans but worth it.... ah that's good, didn't know that it work in that way, i might give it a shot then still this https://bitcointalk.org/index.php?topic=128157.msg11532839#msg11532839 (last post) is not reassuring |
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It is easy to fake a verification data in every lending website, if you search on google you can see alot of ID that are free to grab, combine it with a good editting skill then you will get yourself a fake ID.
I don't know btcjam, as i'm not registered there, (is one of the thing i have to do in the next days....) but on btcpop and bitlendigclub, when they verify the borrowres identity, thei ask for a photo with the document id near your face.... I think that this is much more difficult to fake.... But also on this two sites, defaulted borrowers are present..... they should start to add video verification, and not only photo, something like this can't be faked ever anyway my problem is that i can't find someone that ask for a small loan, they all ask for 0.5+ |
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Cex.io is also offering BTC for USD with their latest interface you can check the site http://cex.ioMore difficult than anticipated. May require same full address, ID, verification methods as Bitstamp per use. Im presently attempting the mobile verifications...albeit they're fraught with poor instructions if you stay below a certain limit there is no verification, usually this limit is around 500-1k, it should work for cex too, otherwise look at bitfinex |
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at this point isn't better to store them in a usb, without all the hassle of dealing with a storage that can scam you one day, even if at first they seems legit?
you can do it in this way, if you want more protection, save the data wallet, into a Vm then encrypt the wallet and encrypt the Vm too(vmware offer that), save the Vm(all the file associated) into a pendrive, your are done, better than any online service
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from my point of view, solo mining is no profitable anymore, is only profitable if you have cheap electricity, but you can always join in a pool, maybe thats the best chooise for you. btw you can always rent some hw and use it, sometimes is a good idea  cheap electricty wont help you solo mining, you need a pretty good damn equipments if you want to go with that route, we are now around 300p peta right? without considering the diff, one should look at around 1 block per month at least, to begin with solo mining, this mean that at current diff you need around 80 tera or 70 antminers s5 70 antminers s5 are 70, cost 25k |
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there are also those that don't care about it, but they aren't necesarly the same people that don't know what bitcoin is, the article is pretty restricted, on the general options, that can be perceive from the bitcoin world
there are sub categories, like those who think that it is a ponzi/scam but then they are actually investing in it...
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why the argument is stuck on btcjam only, there alternatives, plenty of them, like bitbond, bitlendingclub, bkiva.org ecc...
i doubt they are all scammers
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ATH = ?
all time high, 1200(well was not exactly 1200, but around that, i don't remember the exact number...) is the ath for now |
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with the last downtime there was a small pump actually, so i don't think that this forum is so crucial for the value of bitcoin
there are other good sites that are spreading news about bitcoin, like coindesk, if one want to find something about bitcoin there is always google
but it is still our nerd house, the best one i would say
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