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16581  Economy / Economics / Re: Bitcoins investing risks on: May 14, 2015, 07:17:32 AM
Sure, but that is the fault of the seller in my opinion. Every seller should wait until the transaction has got at least 10 confirmations in order to get sure that the transaction will not be cancelled through double spending.

about the fraud risk, i'm interested to know this, how can you sell false bitcoin aside from double spending?

Imagine that i'm a buyer and i have 1 BTC ok ? and i have to buy two goods each one price's 1BTC,so i need 2 BTC to buy them,but the principal idea of fraud is to buy them in same time exactly before one of them complet its 6 confirmations,if i do that i can earn tow good's amunt 2btc against 1 btc,
One of the transaction will be completed and the other cancled,i hope its clair

10 confirmations look way too much, 6 are more than enough, and small merchants can wait that long for their business, i'm talking also about real life bitcoin activity

16582  Economy / Service Discussion / Re: do people make a lot of money farming signature campaigns? on: May 14, 2015, 07:12:21 AM
so which one is the best campaign at the moment? I might join one just to make some btc a month
I would recommend https://bitcointalk.org/index.php?topic=877765.0 (Bit-x) as for it is the highest paying and automatic weekly payouts.  
DA DICE isn't bad either, with the same rates: https://bitcointalk.org/index.php?topic=973949.0

You can check those two out, but I believe DA DICE is the better one to join right now, they are accepting participants and they have an active profile pic campaign.


Bit-x is closed to new participants and the campaign will be closed soon. And it is not clear if a new campaign will be launched afterwards.

Da Dice surely is better for the single fact it is open, but there are better options.

Bitmixer might be better for full members right now, because the payment is automated and weekly, so you won't be surprised by half your posts being classified as non constructive or something

are you sure about the campaign being closed soon? marco didn't say anything about that, he also said that he is happy with the campaign, i doubt we are near the end

having only dadice with no competitors would be bad...
16583  Economy / Service Discussion / Re: Cheap VPS provider that accept Bitcoin on: May 14, 2015, 07:10:44 AM
@Amph, after checking our you list. I find that time4vps is the cheapest. I'm going to buy the Pre built 'M' package sometime this week or next. I wonder do they offer affiliate program? If they do, I will sign up under you.

i don't know to be honest, i don't remember any referral link, when i purchased from them, maybe they changed it now but i doubt
16584  Bitcoin / Bitcoin Discussion / Re: 1,415,477,500,000,000 Bitcoins on: May 14, 2015, 07:03:50 AM
There were many lost during early adoption. So currently there should be ~14 000 000 and in reality there are only ~10 000 000

then the today market price is even more of a joke, if we are with 33% less coins in circulation

How many Bitcoins really exists?

Coinmarketcap says that there are 14,154,775 Bitcoins in existence today,
but 1 Bitcoin can be divided into 10,000,000 discrete units, 0.00000001 BTC,
so does that not really mean that there are 141,547,750,000,000 Bitcoins,
or 141 Trillion units of Bitcoins that can be handled independently and sold?

Any thoughts?

The real question to be asked is:
how many BTC exist outside the blockchain?
And I'm talking about the BTC which are in the virtual books of exchanges, services, casinos etc.

I think there are much more around

Read the following...

BTC Exchanges: their functioning and their way of using a fractional-reserve based mechanism
https://bitcointalk.org/index.php?topic=945881.0

I do not understand the concept of "a btc outside the blockchain". Hows that even possible? Every bitcoin was generated by mining, which means every bitcoin's origin is in the blockchain.

those are fake bitcoin, a number just put on your exchange account by the owner, instead he is using your real btc to trade or general investments

there are no bitcoin outside of the blockchain, but only blatant fake numbers of them
16585  Bitcoin / Bitcoin Discussion / Re: Has anyone successfully evaded collections agencies by exchanging fiat into BTC? on: May 14, 2015, 07:01:39 AM
I don't think its possible to do what you pretend to do unless you are converting all of your fiat using LocalBitcoins and meeting up with people IRL. If you use regular exchanges you give way too much data.

what about using stuff like all4btc or buying with bitcoin without dumping? you scould evade pretty easy taxes collection

they could track(and it would not be easy) only if the amount i very large
16586  Bitcoin / Bitcoin Discussion / Re: It's Happening .... The secrets of 21 inc revealed, and its what we hoped for. on: May 14, 2015, 06:55:30 AM
In regards to intel possibly making mining ASIC's.....
Did anyone else notice that the new "Skylake" x86 uarch has an instruction set extension specifically for SHA1 & SHA2(256)
I think thats quite interesting....

those asic will be able to compete with current generation? i could see them great in efficiency, because they will be based on the future architetture with better nm
16587  Bitcoin / Bitcoin Discussion / Re: Nasdaq: Does the Price of Bitcoin Matter? on: May 14, 2015, 06:46:07 AM
there is a an exact same thread as this in economic section, do we really need two? https://bitcointalk.org/index.php?topic=1059587.msg11365564#msg11365564
16588  Bitcoin / Bitcoin Discussion / Re: Bitcoin Generators? on: May 14, 2015, 06:33:42 AM
it's probably something that as to do with coingenerators, was a scam ponzi site, apparently the owner of it were the same one of another site called cointellect

they were based on the same ponzi scheme

the only bitcoin legit generators is the mining activity done with asic, nothing else
16589  Bitcoin / Bitcoin Discussion / Re: Math/algorithm or processing power makes more bitcoins? on: May 14, 2015, 06:29:04 AM
if you are talking about others algo like pos or pob, then i can say that bitcoin is not aiming at any fork for those, we will stay with pow, until something really better will come out
16590  Bitcoin / Mining / Re: Wondering out loud: how do most of the miners use their mined Bitcoin on: May 14, 2015, 06:24:43 AM
yeah, my goods before where only mine equipment, no it's not worth to mine so i purchase regular stuff, that has nothing to do with mining
a small amount on my desktop, those are ready to be spent, the others on cold storage
only when they are needed
no, not for now, too much market stagnation, but i sold at 280 a small amount(6-7 btc), for a loan, to my family, if could retreive those now, i could earn 1 btc, not bad

i like to refer it as a bitcoin, satoshi for plural
16591  Other / Beginners & Help / Re: signatuer payouts on: May 14, 2015, 06:19:44 AM
that list should be upgraded, in the way that it list the most profitable campaign in the first spost then the second ecc..., and not how it is right now, it would be easy for everyone to join the best one

and divided for newbie and other members, for example dadice and bit-x should stay in the first 1-2 spots for full members+ and for fullmembers- 777coin should be the first then the others
16592  Economy / Trading Discussion / Re: is there a resource estmating the # of day traders per Bitcoin based exchanges ? on: May 14, 2015, 06:14:41 AM
you can just look at each big exchange and their volume, then compare them, usually i just want to look at coinbase/bitstamp/bigfinex/kraken/cryptsy ecc...

http://bitcoincharts.com/charts/volumepie/
16593  Economy / Speculation / Re: Low volume trades, No one wants this shitcoin anymore on: May 14, 2015, 06:09:14 AM
isn't the volume trade higher than before? it is 50% more than what it was in december 2013 january 2014, OP is pure trolling

Only if you measure volume in BTC, which is nonsense. Volume should be measured in "value," in "buying power," or, to be more concise, in real money--USD. Otherwise volume will seem astronomically high when 1 BTC=$0.0001, and a dollar's worth of coin changes hands.
But that's sort of a tangent; Hpzew was talking about GBTC volume.

Far as OP's point about this shitcoin? It's true, no one wants it anymore Sad


Replying to your own post?


What makes you think I'm Amph?

@Amph: Sure, there is real money (money normal people use), and there's crypto (what you pump the shit out of & dump all over the suckers to make real money - money 99.9999% of the world uses to buy stuff). That's why we're here, in the Speculation sub, talking about BTC tanking over the past year and a half. Not relative to LTC, not relative to Doge, not relative to Monopoly money - good ol' USD Cool

But why fixate on real money? I did say "buying power." BTC has lost most of its buying power after the pump, buys a touch less than 1/4 of what it used to. Talk about shit store of value! Cheesy
that US, the stuff that's printed out of thin air on a whim? Why, it buys just as much as it did a year and a half ago.
Now that! I call THAT a great store of value Cool

@alani123: You posted to tell us that you've ignored OP? RLY?

why everyone keeps take out the big fake bubble of bitcoin, to say then that it is dying, because that bubble is vanished now? that bubble doesn't count, it was never a real thing, just fake manipulation, the only real pump before that, was when bitcoin reached 230-300, which is the same range as now, we are in other word, still in april-may 2013, stuck there
16594  Economy / Speculation / Re: Low volume trades, No one wants this shitcoin anymore on: May 13, 2015, 07:39:34 PM
isn't the volume trade higher than before? it is 50% more than what it was in december 2013 january 2014, OP is pure trolling

Only if you measure volume in BTC, which is nonsense. Volume should be measured in "value," in "buying power," or, to be more concise, in real money--USD. Otherwise volume will seem astronomically high when 1 BTC=$0.0001, and a dollar's worth of coin changes hands.
But that's sort of a tangent; Hpzew was talking about GBTC volume.

Far as OP's point about this shitcoin? It's true, no one wants it anymore Sad

even if you measure it in "real money" which is bullshit, there isn't real money(there is only money backed by demand), and usd is more trash than bitcoin actually, because it has no store value, just endless printing no-sense, we are still on the same level of october 2013, before the high pump occured
16595  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: May 13, 2015, 07:32:21 PM
i want a better avatar campaign, notice how my adv isn't sticked well to my avatar, it looks lame lol
16596  Bitcoin / Bitcoin Discussion / Re: Bitcoin Network Capacity is Reaching a Critical State: Mike Hearn on: May 13, 2015, 06:42:50 PM
In my view, we need to find a new Satoshi to lead us out of the darkness. These tiny patches are miniscule when compared to the real challenges facing bitcoin.

Let's face it, go ahead and admit it, bitcoin is centralized. Now let's find, and crown, a really awesome king to light the way.

No, just NO

the funny part is that he is promoting a more centralized coin, than bitcoin, i smelling just hating from his words

Gavin isn't a ceo or anything he just helping bitcoin, also even mining is far away from being centralized
16597  Economy / Speculation / Re: Do you think 1.00 BTC will worth more than $10,000.00 USD at any time in 2015? on: May 13, 2015, 06:24:45 PM
u guys keep thinkign it goes up ? What if it goes below 1$ ?  Cheesy

and why the reason for that? random guessing? or blatant trolling? i see no reason to even go sub 200 let alone below 10...

a price like that would be a catastrophe for miners, they will start buying to protect their investment
16598  Economy / Speculation / Re: Low volume trades, No one wants this shitcoin anymore on: May 13, 2015, 06:22:15 PM
isn't the volume trade higher than before? it is 50% more than what it was in december 2013 january 2014, OP is pure trolling
16599  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core 0.9.3 active connections on: May 13, 2015, 03:45:42 PM
you allowed outbound connections then, and you are running a full node

there aren't many explanations
16600  Economy / Economics / Re: Bitcoins investing risks on: May 13, 2015, 03:29:12 PM
about the fraud risk, i'm interested to know this, how can you sell false bitcoin aside from double spending?

Imagine that i'm a buyer and i have 1 BTC ok ? and i have to buy two goods each one price's 1BTC,so i need 2 BTC to buy them,but the principal idea of fraud is to buy them in same time exactly before one of them complet its 6 confirmations,if i do that i can earn tow good's amunt 2btc against 1 btc,
One of the transaction will be completed and the other cancled,i hope its clair

that what you explain is double spending. he wasn't talking about double spending. selling false bitcoins can be done if people have an altcoin wallet installed that makes the owner think it is a bitcoin wallet. when you think you receive 1btc you basically receive 1 shitcoin. newbie users install lots of stuff that they don't know.

this might make more sense, something like a client called "bitcoins" could easily trick a newbie mind, but i might not see this working always, and anyway only with a very unprepared and clumsy user
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