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18161  Bitcoin / Bitcoin Discussion / Re: Incentive for Nodes through Economics on: April 07, 2015, 09:37:55 AM
it would be cool to have something like, as a myself i would run the client 0-24 if there was some incentive for that, it would eliminate the need to go for a pos system in the future(like many have suggested)

but payout should not be too small like faucets or few satoshi as usual, but in the range of 10k-100k, this could also encourage more people to adopt bitcoin and store bitcoin locally instead of using unsafe online wallet
18162  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: April 07, 2015, 07:40:11 AM
altcoin are too much of a gamble, the worst gamble you can ever get here, and the alt wave ended long time ago, now they worthless even at launch(just some exception here and there nothing else)

even instamining those alt is risky already, because many of those alt born dead

i don't recommend them for earning bitcoin, the best way right now to earn bitcoin, are simply signature campaign nothing else
18163  Economy / Service Announcements / Re: [experiment] Giveaway, FREE BTC, added daily on: April 07, 2015, 07:33:38 AM
pretty awesome idea. seeing I do not know how to use the keys to get the btc LOL I know it wont be me,

run your client and in the console under debug type importprivate key 5JF6A9117cAWShh8ydfPfmyiehFmwYdUog5tpPaBqGWfREf4GvP

the idea is cool, but the amount is low, yeah i'm greedy  Grin, but not so much because i'll not add those key
18164  Economy / Economics / Re: Is it better to save money or invest it? on: April 07, 2015, 07:26:08 AM
Saving money in bank is an investment and I think it is much safer than any other online investment schemes.

ahah no, save money in banks, it's pretty useless nowadays, bank will use to do their shitty investment, also interest is very low, in most case(practically all)it is not worth it, to lock your money for one year

to this add the fractional reserve, and we are done, personally i'll never deposit any money on any bank, they are the worst thieves, in this world

the only bank that i know is my QT-Core client
18165  Economy / Economics / Re: How many bitcoins do governments and central banks own? on: April 07, 2015, 07:20:35 AM
In the future, if governments allow payments for services through bitcoins (there is already some talk regarding this), their holdings will increase.

Only if they decide to keep a balance in bitcoins...

they don't need it, they are already rich, they can print useless money all days, this is why they are not interested in bitcoin

the only bitcoin they will ever have are those confiscated, and then used for various auctions
18166  Bitcoin / Mining support / Re: TOTAL newbie help with Antminer U1 on Linux on: April 07, 2015, 07:10:54 AM
pretty easy to find some guide with google

here some(for pools)

http://www.reddit.com/r/BitcoinMining/comments/1w8lpm/antminer_u1_how_to_setup_guide/
https://bitcoin.co.th/how-to-use-antminer-u1/
http://altoidnerd.com/2014/01/27/antminer-usb-block-erupter-miner-set-up-guide-in-windows-and-ubuntu/

for solo just make a config where there is your wallet.dat(don't touch it, just add a config file) and inside it put

rpcuser=user
rpcpassword=password
rpcalloip=127.0.0.1
rpcport=8333
server=1

then in the command line, -o 127.0.0.1:8333 -u user -p password
18167  Bitcoin / Mining support / Re: New to mining and have some questions on: April 07, 2015, 06:58:52 AM
could be the pool, or a faulty miner, did you bought it used? or the software which you are using for mining, maybe not a good/stable version, checks all of these
18168  Bitcoin / Bitcoin Discussion / Re: Wall Street Journal Article - Big Investor Involvement Could Boost Bitcoin on: April 07, 2015, 06:46:05 AM
I cannot see that Bitcoin volatility can still be a issue or a risk factor, seeing that the price has stabilized for many months now.

The exchange rates are still very much volatile. We are seeing dips and bumps of as much as 20% in a time period of 48 hours. And off course there is a strong chance of a crash or a boom, in the range of 40-50% occurring in the near future.  Grin

the last swing of 20% was more than 1 month ago, right now the fluctuations are much tiny, more like 5%, i would say that there isn't much volatility
18169  Economy / Speculation / Re: Beginning of a reversal? on: April 06, 2015, 09:03:31 PM
returning to the previous pump(300)? or just the usual little mini pump of the weekend?

who know, but as long as the 200 barrier hold, i'm fine with the current situation, steady grow is always welcome

regarding the title i am referring to the larger bearish picture for 1+ years. Seeing signs that this last final wetbeardream push down to double digits may not actually take place.

The fundamentals are way too strong for a big push down, so eventually we are going much higher.
You could say (for example) that for the first time in history Bitcoins are actually worth over $200.  Smiley

if i remember correctly on april 2013, bitcoin surpassed $200, it went to 230, so this is not the first time



I ment value based on fundamentals, not the speculative price. Are Bitcoins finally "actually worth" over $200?

well yes, you should know that bitcoin is really undervaluted right now, and it was undervaluted even at 1200 peak, let alone at 200..
18170  Economy / Speculation / Re: Beginning of a reversal? on: April 06, 2015, 07:29:27 PM
returning to the previous pump(300)? or just the usual little mini pump of the weekend?

who know, but as long as the 200 barrier hold, i'm fine with the current situation, steady grow is always welcome

regarding the title i am referring to the larger bearish picture for 1+ years. Seeing signs that this last final wetbeardream push down to double digits may not actually take place.

The fundamentals are way too strong for a big push down, so eventually we are going much higher.
You could say (for example) that for the first time in history Bitcoins are actually worth over $200.  Smiley

if i remember correctly on april 2013, bitcoin surpassed $200, it went to 230, so this is not the first time

18171  Economy / Speculation / Re: Here comes the big money... on: April 06, 2015, 06:26:36 PM
I actually don't want a "boost". What Bitcoin needs is long-term acceptance to everyone in the world and not just the greedy investors who want the fast money.

while this is good and all, bitcoin need absolutely to rise in price right now, as it is really undervalued, a rise in price would bring more investors to come also, not talking about a pump, but a steady rise

the adoption is somehow releated to price
18172  Economy / Service Discussion / Re: Anybody know a site where i can invest some bitcoins..? on: April 06, 2015, 05:42:34 PM
many users, say it is a scam, don't know if it is true, but it seems so, be aware of this

some example

https://bitcointalk.org/index.php?topic=815836.0

also return is not that great, it depends on what you invest, first page show average 3-5%
18173  Bitcoin / Project Development / Re: Would you guys be interested in an open source automatic escrow ? on: April 06, 2015, 05:36:14 PM
How do you plan to handle disputes? what if the seller claims to have sent the goods and the buyer claims not to receive it? you will need someone to act as a mediator. It would be best to use a 2 of 3 with buyer, seller and escrow each holding one key. If the transaction is all good, both buyer and seller can move the funds on their own without the escrow needing to do anything or even know the transaction is taking place, they only need the escrows public key to set up the 2 of 3. When there is a dispute then the escrow can get involved and ultimately choose who gets the coins by signing their transaction. So long as the escrow does not collude with the buyer or seller this is safe.

We really need better support for M of N in wallets. Something like this would significantly reduce scams on Bitcointalk. All an escrow needs to do is post their public key in a thread and the buyer and seller can craft a 2 of 3 address with it and continue on their own without the escrow and only require the escrow to do anything when there is a problem.

Perhaps you could make a standalone application to do m of n escrow transactions. I think the best way to do it would be to make it in Javascript, you're most likely to see the most usage there.

this is actually easy, because you must sign to take the package from a courrier(ups for example) if you do not sign, then i know you refused the package(i can check on the tracking), so this isn't a problem really

same thing if the buyer don't release the fund, but he say that he released them, just check blockchain transaction, if this is true or not

and btw i'm all for automatization, "machine" here are far better than human
18174  Bitcoin / Mining speculation / Re: I have $5,000 to buy equipment and almost free electricity. Where do I start? on: April 06, 2015, 05:26:25 PM
Do I need to purchase a set of fans to keep the miners cool? What do I need to purchase to keep them cool? Also, running the AC low wouldn't be sufficient enough to cool them right? I usually run my AC below 70 degrees all summer because my bill doesn't change or anything.

Also, how do I check to see if the electricity power in my apartment is strong enough to support multiple mining equipment? I see that the maximum is 125 amp or not to exceed 110 amp per branch circuit stab... I don't know want to purchase mining equipments if my apartment electricity can't support them.

new fans can help with the noise, those miners are all very loud, they can also help with cooling them, as long as they move a good amount of air, you should see about CFM when purchasing a fan, the higher the more air it moves, and bigger the fan the less noisy is

for electricity usually those apartment can support 3kw, now i don't know if you are with 120/220, but amperage should be around 15 or 27
18175  Bitcoin / Armory / Re: virtual machines as offline wallets on: April 06, 2015, 05:22:11 PM
Who could've predicted that Windows is a really insecure VM host?  Grin

I don't mean to claim that there's zero advantage to using VMs (more so when their encryption requires an interactive password), but advocating them as a lot safer (or as any kind of alternative to cold storage) sounds really troubling to me.

Both. Using both is safer than either on their own (think BadUSB attacks).

which windows? windows 10 will have a new kernel, probably a better security because of this

i still think the best antivirus is the owner of the machine, the OS itself does not matter much
18176  Economy / Speculation / Re: Bitcoin is a game of conviction on: April 06, 2015, 05:20:30 PM
Let me ask you one thing:

Who is that gives value to a "thing"? I think we are giving value to each thing in our life. The problem with the fiat value is that people are giving value to a piece of sheet so Why can't we give value to a byte (data)?

not to a piece of shit, but to something that is losing value, that's the funny thing, it is as if you eat your vomit

you see the no sense, that the government has build in all those years? completely stupid
18177  Economy / Speculation / Re: The next bubble could well surprise even the early traders... on: April 06, 2015, 05:14:32 PM
Just a theory, but I have a gut feeling



I stopped right there.  Theory and gut feeling shouldn't be used in the same sentence...  Especially when it relates to something that could make you lose some money.

Isn't that how all theories are developed before researched or proven/unproven? "I have a gut feeling we don't actually have all the planets and stars revolve around us, but we revolve around the sun..."

Sure.  But that's astronomy.  This is money.  And any decision about money that involves a "gut feeling" would mostly lead to losses.  





if you count every "gut feeling" here in this section, some truth might come ahead, i mean one of them must be right about the movement of bitcoin

it's more fun to read about opinions, than having the right prediction immedaitely, and personally i'm sharing the same feel of the OP, something big is coming...
18178  Economy / Scam Accusations / Re: MINEREU.COM ... they are SCAMMERS pay attention!! on: April 06, 2015, 01:19:42 PM
if this is true, it must be recent, because i know for sure, that they delivered many miners back then(they also responded to my email very quickly)

maybe they started the scamming fest now, because no one is buying from them any more miners
18179  Bitcoin / Bitcoin Technical Support / Re: SOLO mining With Bitcoin-qt RPC error on: April 06, 2015, 01:11:24 PM
only For you Changed port to 8332 Smiley
but see again error


OKY? Smiley

and about CPUminer only For TEST Grin

i'm checking for this, i found similar errors on other thread, and you should re-check user, password and pool just to be sure

try to add "http://" before localhost
18180  Alternate cryptocurrencies / Mining (Altcoins) / Re: Miner is not accepting shares/rejecting shares on: April 06, 2015, 12:50:45 PM
have you installed the correct drivers? it appear that the miner is not even running?

try cgminer 4.3.2 + stm drivers

commandline --scan-serial //./COM10(the rest is just pool user and password)
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