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17861  Economy / Speculation / Re: A price correction is happening now on: May 15, 2017, 09:22:39 PM
Still waiting for the correction to below 1,500 because I still felt the bull was a bit too much on afterburn. Because the longer it takes, the more extreme I suspect it could be.

However, if this blip below 1,700 is it (or was it) then Bitcoin is a hell of a lot tougher than we thought.
17862  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CKS]Chicks, very rare!! | vote for chicks and get reward!! on: May 15, 2017, 08:40:48 PM
Hi Dev! Decided to check back in here after a few weeks of wondering where you went. Thanks to Testing Crypto for helping out here. Opened my wallet today and still syncing, hope all will be all right.

Dev: saw your updated first post, I see there are no more bounties... but you didn't reward out what you still owed from our last votes when the bounties were available? =) We worked hard for those votes!

Hope this longest chain issue has been resolved? I think I also staked some on it, so will now only open my wallet for staking when we confirm it's solved.

Also, my updated tally (edited on 15 April): #171, #177, #183, #192, #207, #218, #229, #237, #245, #255, #263, #269 and #280(13 votes). I noticed POSW voting has slowed down.

17863  Economy / Speculation / Re: Bitcoin ETF - decision 15th May - Time and place on: May 15, 2017, 08:00:33 PM
is today the decission or not??

I've heard it's just the last day to submit a comment nothing else.

I could be wrong though.

It's just the deadline to submit petition for review. Perhaps it was even already sent a while ago. Then it will be a matter of days at least to hear back.

Likely to still be a no, in which case limited effect on price. If a surprise yes happens, will also have limited effect. Happy to be proven wrong!

17864  Bitcoin / Hardware / Re: Building New PC, Considering Mining, Should I? on: May 15, 2017, 02:28:28 PM
I'll admit I've been way too long out of this to know how high-end those stats are (they seem at least entry-level high end) but the only mining anyone would want to consider now on a PC is for newer alts where difficulty isn't so high yet and you could look at modest returns as an early miner.

Take a look at the forums for ANN threads. For starters, an easy to set-up Minergate can help you mine the most efficient coins.
17865  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BRO] [WEBRADIO] 😍 BITRAD.IO 😍 - ICO LIVE - Stream diffrent - Webradio on: May 15, 2017, 11:39:54 AM
Great idea! When to @ exchanges? Any info? Thanks Smiley

At Poswallet news there is information:  There will be 3 new coins added this week.

Maybe one of them is BRO

Yeah, POSWallet's a little bit slow in adding BRO. It got its 1,000 votes more than two weeks ago and we've been waiting for its listing for a while. Going to check out how much fee it charges for BRO withdrawals before I decide to stake there - not that I've many BROs now haha. I seem to get sometimes close to 1 BRO for 24 hours, sometimes half.
17866  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org on: May 15, 2017, 10:29:24 AM



All right, thanks for the very clear clarification and kindness to alerting me to the term called staking. Indeed it is very new to me that leaving a wallet open to stake is the same as running a TOR Node. Your illumination on this subject is much appreciated:)

You do realize the wallet is called Torcoin

Quote
By running Torcoin, you are increasing the number of nodes on the TOR network, thereby helping people across the world remain anonymous.

You get rewarded by running Torcoin as it stakes
But basically even without staking you're still running the wallet

No, I get that now. I think it's a great way to improve the network at the same time as getting rewarded from crypto. Thanks again for the clarification - it really helps. Looking forward to movement on this thing!
17867  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [BRO] [WEBRADIO] 😍 BITRAD.IO 😍 - ICO LIVE - Stream diffrent - Webradio on: May 14, 2017, 12:52:58 PM
Who will say that my wallet?

Synchronization does not happen




Thank you!



Hey. I've found this happens every now and then with my qt wallets, especially staking ones. Try a few of these:

1. Download the latest version of the wallet and install then try open and sync from there.
2. Hover your mouse over the progress bar and see if the block # updates. If it does, then your internet is probably just a bit slow and it will take time to fully sync.
17868  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org on: May 14, 2017, 12:23:05 PM

It doesn't have anything to do with the Tor browser
The wallet runs over a Tor node
So your first claim isn't stated anywhere in the ANN at all

Torcoin rewards people for running a TOR node
Staking, ever heard of that?

All right, thanks for the very clear clarification and kindness to alerting me to the term called staking. Indeed it is very new to me that leaving a wallet open to stake is the same as running a TOR Node. Your illumination on this subject is much appreciated:)
17869  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org on: May 13, 2017, 05:28:36 PM
Does anyone know precisely how you might claim the rewards for running a TOR node? And I mean the browser, of course. I see it being mentioned in the ANN and several queries relating to it, but how might one specifically claim this reward?
The Tor relay-node is not a browser. These guys here mixed source of a TOR-relay-node with a coin. Why should you get rewards for using a browser in the first place?
when you run a browser your reward is the ability to surf the web through relay nodes.

Hi vega, you misunderstood my question... I wonder why you would assume anyone would assume what you thought I was assuming. As I said, several people have asked about it, and none are expecting rewards for using the TOR browser.

I'm asking, if there is any information on how one might claim TORcoin for running a TOR node for the TOR browser, as mentioned in the ANN. Or did I misunderstand that point?

Where the hell does that state in the ANN??


Copy and pasted from first post of ANN, it's quite early on:

First, TorCoin rewards people for running a TOR node.
17870  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] INSANE COIN 🔷 Pure POS 2% 🔷 18.4m Coins 🔷 Master Nodes May 5th,2017 on: May 13, 2017, 07:46:22 AM

Thank you for much for the reply. I also found that NOVA does not function properly on chrome and it works perfectly on FIREFOX so I changed browser and it's all fine. Just waiting now to withdraw and download wallet to make the masternodes..  Smiley Smiley

NOVA works fine on Chrome BUT you have to force refresh the page completely (Ctrl+F5) to ensure you keep it working. I've not tried it on any browser other than Chrome but I have noticed Nova isn't the only exchange that gives me this issue.
17871  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org on: May 13, 2017, 07:40:14 AM
Does anyone know precisely how you might claim the rewards for running a TOR node? And I mean the browser, of course. I see it being mentioned in the ANN and several queries relating to it, but how might one specifically claim this reward?
The Tor relay-node is not a browser. These guys here mixed source of a TOR-relay-node with a coin. Why should you get rewards for using a browser in the first place?
when you run a browser your reward is the ability to surf the web through relay nodes.

Hi vega, you misunderstood my question... I wonder why you would assume anyone would assume what you thought I was assuming. As I said, several people have asked about it, and none are expecting rewards for using the TOR browser.

I'm asking, if there is any information on how one might claim TORcoin for running a TOR node for the TOR browser, as mentioned in the ANN. Or did I misunderstand that point?
17872  Bitcoin / Development & Technical Discussion / Re: The chances of finding a block in LESS than 10 minutes ? on: May 12, 2017, 06:41:21 PM
If mining becomes too profitable, then more miners will add more hashpower to the system.  The blocks will be created a bit faster and difficulty will begin to increase to slow the blocks down.  Increasing difficulty means that all the miners will have less revenue. Eventually the system reaches an equilibrium where there is just enough revenue to keep the miners profitable and they stop adding equipment.

Indeed, this was the a priori nice idea, that miners would enter in profitable competition, making mining as such more and more difficult and less and less profitable, so that, no matter what is the price of bitcoin, most of its newly created coins would need a wasted economic value close to their actual value, apart from the small margin that miners keep interested.   As such, it seemed that bitcoin would burn all "seigniorage", getting rid of that problematic aspect of "printing money".

Thank you very much both for clarifying this! I'd known before from reading that difficulty is adjusted but somehow failed to realise that it was part of achieving revenue equilibrium.

Now it's a common perception, at least that I've noticed from voiced opinion, that mining has become less and less profitable (at least for the hobbyist or even semi-large entrepreneur). If what you're saying is accurate (that this system ensures BTC fiat price doesn't matter) - then is this situation  merely a result of more miners sharing what is essentially an assuredly consistent value of revenue?

ie. It's become less profitable because shares are getting smaller, as opposed to decreasing value because of increasing difficulty (expressed as hashing cost). I even see people saying it's getting exponentially more difficult and costlier.

If the above is true, then it makes for interesting considerations when it comes to say, for example, expansion of cloud mining contracts. Because I see some contradicting assumptions:
1. If we can get more hashpower from pooled resources we can earn more
2. But if we get more hashpower, our share gets smaller

Thanks again.

17873  Bitcoin / Development & Technical Discussion / Re: The chances of finding a block in LESS than 10 minutes ? on: May 12, 2017, 03:57:16 PM
Thanks for the useful bit of information - it's new to me. Just curious: is this the probability for current difficulty and hashpower or does that no affect the chances at all? I've only been looking at this after the last halving. Was it quicker before that (I assume it was) or has hashpower always kept up?
17874  Bitcoin / Bitcoin Discussion / Re: Failure of the system on: May 12, 2017, 02:37:06 PM
I know it can be tough for us regular Johns and Janes, I recall being misinformed about Bitcoin from my early readings simply because guidance and literature just hasn't caught up to a rapidly-changing reality.

I'm not chiding you here, believe me, but it's time to take more control of your coins. Use a wallet that lets you set your fees and follow closely the efficient levels suggested by sites like bitcoinfees.21.co or that very helpful tool from mocacinno: http://www.mocacinno.com/page/feechecker.

17875  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked on: May 12, 2017, 10:27:22 AM
I know this question has been asked probably a dozen times, Just searched the last 5 Pages of this thread already without an answer. What was the ICO price per HMQ? From my calculations, 0.05BTC  = 1000 HMQ. (1ETH = 0.05 Btc in my calculation) So the ICO price should range between 4000 sats to 5000 sats? Correct?

Someone should correct me with the ICO price If I'm wrong.

It depends on the time and BTC/ETH price. Prices were when I entered the ICO: 1 ETH =1000 HMQ / 0.027 BTC = 1000 HMQ

Okay, So It's slightly above ICO price for those who join early in the Crowdsale. I can't say the same for others who join later on. It could still be under ICO price. The average price should be around 4000 sats though. Thanks for the information.


~Snipped~
The price now is still below ICO because I'm seeing HMQ is still trading at 3,000+ sats which I think gives an opportunity to buy cheap.


I can support that with my own pricing. I recall on first day of ICO that 1 ETH would buy 1000 while 0.028 BTC bought 1130 HMQ. Remember, this first day was with a 50% bonus so if I roughly calculate, the cheapest price would have been 2500 sats per HMQ.

That means the current price is cheap. I already bought more today, Hopefully the value of HMQ tokens rises soon while we await the Platform release.
17876  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: May 12, 2017, 06:35:23 AM
Almost every site I know that specialises in crypto-gambling has very low minimum bets... I still refer to them as microbetting. Even if BTC were to hit $10,000... 100 satoshi would be 1 cent - still a hundred times bigger than the single satoshi bets most gambling sites allow.

So yes, caution is necessary if you bought the coin with fiat but otherwise, no difference in the amount of bitcoin you've always been able to bet with.
I don't know, I still see a lot of Bitcoin gambling websites that have pretty high minimum bets, usually ones that offer standard gambling software.
Minimum bets are usually higher than in traditional casino's with these high Bitcoin prices.

Ahh, yeah. A lot of the whitelabel casinos (the ones that use a ready-made package from one of the big providers) tend to have minimum bets that are approximated to their fiat values at the time. In fact I still see terms and conditions reflecting BTC prices from 2014.
17877  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: May 11, 2017, 01:21:26 AM
I earned my first BTC in October or November last year, can't remember the exact price but it was well below $1,000. I'd seen a few climbs towards it at the time, and had been hopeful of it to stay lower for many months until I could buy my first.
17878  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: May 10, 2017, 11:15:11 AM
Almost every site I know that specialises in crypto-gambling has very low minimum bets... I still refer to them as microbetting. Even if BTC were to hit $10,000... 100 satoshi would be 1 cent - still a hundred times bigger than the single satoshi bets most gambling sites allow.

So yes, caution is necessary if you bought the coin with fiat but otherwise, no difference in the amount of bitcoin you've always been able to bet with.
17879  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] INSANE COIN 🔷 Pure POS 2% 🔷 18.4m Coins 🔷 Master Nodes May 5th,2017 on: May 10, 2017, 05:38:12 AM

We would like to thank our wonderful community on BitcoinTalk, Slack and Telegram for staying strong and staying with us during this master node implementation phase. We know that in crypto there is a tendency to jump on the next hot coin when difficulties set in.
We will have this issue resolved in the very near future and we think the community members that stuck by us will be rewarded handsomely with a rare, fully functional, master node enabled cryptocurrency.


Not sure that only a couple of coins are using Master Nodes. I know of two quite well (DASH and PIVX) and mess around with two (Bitrad and this) for fun... then there's at least a couple more (some alt with the word money in it is one).

But point taken - this swap makes room for more development, and you've just about made the MN timeline. Looking forward to hearing more.
17880  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: May 09, 2017, 06:30:08 PM
If you are small time holder of byteball, please don't worry about a 50 or 100 price drop in byteball. If you forsee this as a problem in the future - I would suggest not buying anymore and just continue holding. Look at what recently happened with veteran coins in the past two months, eth, etc, litecoin, dash, xrp, xem..

Trust me when I say that byteball is priced perfectly right now. Just enough to curb mass accumulation and not too much to ruin the price growth - for the most part price growth seems organic. This is where whales and everyone should want it. And it's only been on bittrex for a month. DON'T hate yourself 3 years from now because you sold GB's below 1000USD. Remember, for every seller there is always a buyer.

And cut the crap with back and forth about IOTA. I haven't been around to know the details on both.. but WHO CARES?!? They both will exist as dags or tangles alongside of each other covering a wide spectrum of use cases. And both having success will benefit both tremendously. Anyway, I don't care all that much, I'm just here to hold byteball and its use cases.

With you on this one. Anyone who's got a long-term interest in one of the truly unique alts which has been one of the better ones in terms of development, shouldn't worry about the price. I'm a modest holder, got some bytes without the necessary BTC. I'm definitely keeping this for a very long time.
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