Yes this is what I mean .. Or does anything send them to paypal ?
don't use paypal, use circle instead, which is kinda like paypal but there is no chargeback it's very easy and fast to use, you load your money and transfer them to evryone in the world by deciding the currency(your country currency or bitcoin), and circle will do an automatic conversion |
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the difference is that, you will not increase your total bitcoin, by holding only, while with mining, if you manage to reach the roi point, you can earn more bitcoin than the amount you started with
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I was just thinking this morning, about the reward halving upcoming sometime 2016. Most ppl here are pretty assured that when the halving happens it will guarantee that BTC will increase in value. There have been plenty of guarantees over the last year or so and none have panned out so far. If BTC remains at its current performance level, wouldn't the halving merely drive any miners operating at a thin margin out, make mining not profitable enough for new miners to get in the game and basically slow the network? I understand supply and demand, but demand drives that, not necessarily supply. If no one wants a 200$ btc, it doesn't matter how many there are or how hard they are to mine?
just a shower thought, what's your take? and please, limit your "BTC CAN NEVAR DIE and you sir are a cock!" statements to provable truths, not opinionated speculation please. BTC could die and very well might. I hope not, but that isn't the point of this thread.
What do you think will really happen when the halving comes? anyone thought through any scenarios?
this is ws always my thought, but many users seem to not agree with this, interest is more importan or in the worst case equal to supply, and having less doesn't mean that bitcoin will worth more, there are chance that the halving will only reduce numbers of miners(and therefore the diff, this could be a good thing actually, small farms could join the network finally) and nothing else in the end i think that it will stay the same or a little boot will occur nothing crazy, especially if you compare it to the first halving(50 to 25 on november 28 2012), the price didn't change too much(almost x2) there.... There are miners that mine to secure the network. I would love to have a weeding out of the miners that are in it for profit alone. The massive mine farms must die.
The network would weaken heavily but not die. Coins mined would go to those that are interested in Bitcoin and not profit.
I want to see sub $100 coins for a couple months to cause the collapse of the mining farms. The purpose of mining should be to secure it not to profit... Merica and friends will attack it.. will you defend it?
you didn't get it, that profit should be seen as a reward for securing the network, the network is actually working as intended by satoshi, there was one of his msg regarding this |
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you mean to converting them in fiat?
you can use localbitcoin, or any exchange like bitstamp, bitfinex, btc-e or kraken(this don't require verification)
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i left it as default, after trying it at depth level 1, but i don't like this whole thing about default trusted members, trust should be acquire with other users not like this
But at the beginning before you know anyone who would you trust? it would be like ignoring all the ratings i would trust no one anyway, trust rate doesn't mean that user is 100% safe, maybe you don't know but there was a member called Tradefortress(that was also in the default trust) and had many green +1 and was trusted by many.. this user was running a site for loans, in the end he scammed everyone, he used the most dangerous strategy to do this, by acquiring users confidence for a long time Recent best example for this is freidcat. He scammed AMHash and he still has a big green trust.
This trust system isn't 100% secure. You must do your own due diligence. Don't trust a person just because green trust. Look at his feedback and reference case by case. However, you can get a basic idea with this trust system and it helps. yeah i know that, but before doing this, he earned the trust of many people, thus making them confident to deposit on his site it was a diabolic plan since the beginning, TradeFortress is a perfect example, of how you should not trust anyone |
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=snip=
and armory has some problem too
Can you explain please? I have played it with and couldn't find problems that even Electrum had. Electrum was too buggy and slow when it had many addresses. It has been solved, I think. Edit: ThomasV told it is optimized/fixed and it will come with version 2.1 . Hope it works! i didn't check it my self, since i love bitcoin- core too mucht, but here there is this guy experiencing some problems https://bitcointalk.org/index.php?topic=980453.0there are others example |
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most of the members are waiting for it to paypal accept bitcoin as payment method but in near future it loooking impossible that is going to happen.
this is an old news and they basically confirmed it(the ceo was speaking at that time), they are just waiting for more security integration before adding bitcoin to their system |
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Chinese miners? They make up a big proportion of the coins mined and they're in a country where BTC is essentially useless for anything other than selling or market playing.
The Chinese government should've done the world a favour and truly shut down any possible market avenue available to them. They're not exactly doing anything to contribute to the ecosystem and that's what Bitcoin needs.
But have you noticed that most dumps happen on western exchanges? Why is that? those are early adopters, and i doubt there are many chinese early adopters, they didn't know about bitcoin back then How many early adopters holding how many coins? Are these early adopters the same early adopters we'll be using in 2025 as an excuse for dumps instead of addressing the real issue of leveraged trading in thin markets populated by greedy speculators? i can't buy the whole "dumping is miner fault", they are a tiny treat(even if they dump the whole 3600 a day, which is unlikely), the problem must come from early adopters(and thieves yes), many of them have so many bitcoin is not even funny we are talking about 100k... and for early adopters, i do not mean only the guys from 2009 or 2010, everyone that bought at sub 100-150, are a potential danger for the market, they can be included as a "sort of early adopters" |
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For now, no. Regulation is only coming to the exchange operators and entities operating as a MSB.
The authorities still don't fully understand Bitcoin yet. Currency? Commodity? Property? Payment Portal? We know what it is, but they're waiting out this period of growth to see how it matches in their tick box.
regulation is already running on few states(Usa) and is coming to other(see UK), regulating something mean to tax it australia for example classified it as a property, USA did it too if i'm not mistaken so some country did regulated it already, other are probably waiting to see how the situation will evolve, before make their move |
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yeponlyone, you are kind to take the time to read and respond. If there's one thing my system doesn't have, it's malware infection. I run ESET NOD32 and Malwarebytes Premium 24/7, both UTD. Being particularly paranoid about rootkits and the payloads in modern Trojan Horses, I've also chosen to run Malwarebytes Anti-Exploit Premium 24/7 as well as HitmanPro whenever my Windows 7 OS reboots. I manage my logs and port settings and keep ESETand Malwarebytes as on call scanners for when appropriate and never less than weekly. What Malwarebytes finds unacceptable is anything related to the old Bitcoin-Qt.exe which does make sense. It probably is looking for a non-existent file. The fact that it doesn't crash makes me confident that it reroutes itself to a Bitcoin Core executable to continue its synchronization. Anyway, Bitcoin Core v0.10.0 is progressing along, and much faster than Qt was yesterday prior to my power outage. That is if you put any stock in software progress bars and its testimony of how many weeks behind it is in synchronizing to its network. Should I be concerned at this interim? What bothers me now is that the old Bitcoin-Qt wasn't immediately disposed of by the Bitcoin Core executable write-over process. Should I chill out?  i think at this point to be 100% secure, you should secure erase your ssd(i hope you have a ssd and not a hdd, it would sync must faster), because there could be some hidden virus/malware that cannot be detected, or keylogger too(i would suggest to use zemana anti-keylogger free for this) btw malwarebyte has an option to check for rootkit, you must enable it manually, it's not enabled by default |
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i left it as default, after trying it at depth level 1, but i don't like this whole thing about default trusted members, trust should be acquire with other users not like this
But at the beginning before you know anyone who would you trust? it would be like ignoring all the ratings i would trust no one anyway, trust rate doesn't mean that user is 100% safe, maybe you don't know but there was a member called Tradefortress(that was also in the default trust) and had many green +1 and was trusted by many.. this user was running a site for loans, in the end he scammed everyone, he used the most dangerous strategy to do this, by acquiring users confidence for a long time |
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if your are mining in a pool the client isn't needed
to see if you are hashing, look at your shares in your dashboard, also see if you have at least one worker running in the "workers" field
if nothing is shown, then it's probably because your version of bfgminer is too recent, and they did drop the support for GPU
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bitcoin qt why would I use anything else?  is there any other way thats more secure? maybe trezor is a good option but if your trezor breaks you have to purchase a new one to get your keys back I find that stupid anyone else? trezor still cost too much in my opinion, better to buy a cheap usb for cold storage and store wallet there for your main desktop qt-core/electrum are the best, multibit seems still too buggy and armory has some problem too |
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i left it as default, after trying it at depth level 1, but i don't like this whole thing about default trusted members, trust should be acquire with other users not like this
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Chinese miners? They make up a big proportion of the coins mined and they're in a country where BTC is essentially useless for anything other than selling or market playing.
The Chinese government should've done the world a favour and truly shut down any possible market avenue available to them. They're not exactly doing anything to contribute to the ecosystem and that's what Bitcoin needs.
But have you noticed that most dumps happen on western exchanges? Why is that? those are early adopters, and i doubt there are many chinese early adopters, they didn't know about bitcoin back then |
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I think if the price drops below 236 we will see some downward action to 210s.
+1 My maths say the same well this guess was wrong, we are returning to the previous price, or at least the dump has stopped, sub 200 is even more wrong, and since there is enough buy support at 230, it will not drop further |
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0,12 BTC ... if lucky. i'm not lucky.  so i wait for the 2016 halving instead. What would the halving possibly deliver in terms of making BTC? if anything we'll make even less BTC (considering the price should go up). there is at least 50% chance that it will go up, and 50 % that numbers of miner will go down, which will result in a lower price it's very unlikely that we will stay at current situation, this at least should be guaranteed |
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only speculation no one really know, we are guesssing a rise based on the upcoming game changer, like EFT and block halving, which will bring some fresh air
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i would suggest something like
a starting bonus of 10k satoshi to everyone who join
do not force the disabling of adblock
do not send bitcoin to other stupid site, keep them there(maybe add a online wallet, secure it with 2fa?) with a threshold
add a skill game to the faucet(like 2048) or a fun browser game, it keep people from running away, maybe add a bonus for those who keep playing more?
last but not last, the payments should be great, no the usual low payout of 500-1k satoshi, what about 2-3k or even 5k?
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