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201  Other / Meta / Re: No Noobs In Lending Forum on: August 05, 2014, 04:27:56 PM
This would never work because of potential bought accounts.

It has been said on here that there are noobs scamming other noobs, however I doubt these are real loans, but rather the same person "lending" money from account to account to build reputation. I think most people see right through this.

The solution should be to have some kind of acknowledgment that a user much click through that gives a list of best practices prior to accessing the lending forum each day. This would essentially force anyone in the lending forum to see what the best practices are to potentially prevent from being scammed. 
202  Economy / Service Announcements / Re: Get Paid 0.01 to Advertise Your 468x60 Banner! >>MUST SEE<< on: July 25, 2014, 09:39:01 PM
So its a ponzi/loan

No! Its investment.  Grin
This sounds a lot like a ponzi, it also smells a lot like a ponzi, and it looks like a ponzi. I am not saying that it is a ponzi but.....
203  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 25, 2014, 04:22:47 AM
people should post less here....it's not in the interest of our boss.....and in consequence not ours

Who's our boss? This is not a job. This is him paying you in-exchange for renting him your signature space. If people are talking about the most "fair" way to do this, its pay by post. A user that posts 500-600x a month is worth more than a user that posts 50, 60x a month. Why? Because each post is another time his ad is shown. Thats all there is to it. I post a couple hundred times a month and will continue to do so regardless of whether this campaign continues, but if people really want to cut down on spam, making it so that you only need to post 50x to receive the max payment would make buying accounts that much more popular. Just post 50x, bam. Next account. In order to get a good return with pay per post they would need to post several hundred times a month, which is just not possible to do on multiple accounts. I don't even see all this spam people are talking about, but that may just be because I only ever post in the marketplace / project development sections really.

Whatever Stunna does is fine, I would like to thank him for giving people a good way to get an extra $50 bucks of BTC every month and keeping this forum active
When you have a job, you go to work and perform the work that your boss asks you to do in exchange for your salary. I would agree that this is not a "job" but rather members here are more like independent contractors.

When people are paid by the post they have an incentive to post more, and to not post things that would likely be read (meaning a lot of spam) this would cause the effectiveness of each post to go down.

I think that payment per activity is much better as long as the min post per month is not too low or high. This will get members to post enough so stunna gets more "bang" for his "buck"
204  Other / New forum software / Re: Reducing miscateogrized posts on: July 25, 2014, 03:35:40 AM
The system we have now to correct things manually upon identification is plenty good when you consider it requires no further changes to maintain.

It's not a massive problem anyway.
Oh, trust me: sometimes it is. Though it depends on the timeframe, but overall there are lots of posts that I move everyday. Some seem like honest mistakes, while some did that intentionally.

Back on topic, I think that even some rules can be enforced easier this way. For example a question: "Is this thread is about a website?" AND IF ANSWERED YES "Have you already made a thread about it?" would reduce on duplicate threads if the poster just didn't know the rules.

I suppose topics aren't posted that often, so to ask a few questions to guide the post to the correct forum wouldn't be too bothersome. The trouble I find is that you can't get a decent mapping between answers and forums without asking lots of questions.

Your proposal to ask questions to tackle the problem of duplicate threads could be useful, however once people are savvy to the mechanism they will simply click no, allowing them to post the topic. Also there may be legitimate cases to make a new topic.

I like the idea of using the questions to tackle other problems, rather than the miscategorisation issue, which is a complex one.
Topics are made quite often, just many of them get deleted or moved fast. Also, if you made a duplicate post with the mechanism in place, one could safely assume this intent was malicious.
I think that some people make dup posts/threads because they think the conversation went in the wrong direction or they think that they left out some important piece of information.

IMO there are several, good intentioned reasons to make dup posts, and I would say a lot of them are posted because of lack of understanding of the rules.
205  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: July 24, 2014, 09:57:23 PM
Updates regarding the Campaign, all BTC payments will be shutdown.


Coinsource are ceasing BTC payments so should be removed (or an alt coin section created  Wink).
Thanks, I have removed them from the OP. I won't create an Altcoin section, because this is a Bitcoin related forum. Altcoins are tolerated, but I won't add them to this overview, since I don't really like them. If there was a LTC campaign I might add them, but that's all Tongue

i would advertise any coin for 0,002 per post  Grin Grin Grin Grin

Paid in BTC or paid in the anycoin?

If it's paid in BTC then it belongs here, if it's paid in the altcoin then it doesn't (IMO).
I would say that as long as the campaign is paying for posting on these forums it would belong here regardless of how they pay you. Even if a campaign were to pay in say LTC users could easily have the payment address be sent to an exchange and have the coins be automatically converted to BTC.
206  Bitcoin / Bitcoin Discussion / Re: Bitcoin via SMS? on: July 22, 2014, 03:23:57 PM
Hi I was wondering if I could pay for bit coin via SMS, by that I mean I get charged to my phone bill for the bit coin, I don't mean from my bank or anything like that I mean I text a confirmation code and it charges me or something like that, if that's possible can someone link me, If someone would sell me bit coin id wanna buy 0.0450
In the US you are generally not able to buy bitcoin with your phone. There are some places in the world where this is supported, however you would only be able to purchase small amounts. You should expect to pay prices that are way above the market rate as well because charges to your phone bill can be disputed (read: reversed)
207  Bitcoin / Bitcoin Discussion / Re: Dell.com now accepts bitcoin! on: July 22, 2014, 02:37:13 PM
I think merchnats will keep on being added almost daily with a big one every two or three months, I just wish the price would rise to reflect this.

Price probably rises as new money enters the into the btc market as a result of more merchants accepting btc. However, price is only important if you use btc as an investment/speculation. In this case for merchant and the mass public using btc as a currency, the price is irrelevant. Stability is more important.

is it? you think the "mass public" is buying BTC to use it as a currency, as opposed to investment/speculation? i find that pretty unlikely. anyway, stability is no matter to merchants because by and large, they process through Bitpay/Coinbase.
This is not happening yet, but I would argue that it will likely happen in the future when a lot more large merchants start to accept bitcoin and more merchants start to offer discounts for buying with bitcoin
208  Bitcoin / Bitcoin Discussion / Re: Who is Going to the MT Gox Creditor Meeting and What Will You Do If You See Mark on: July 22, 2014, 02:35:19 PM
I hear he will be there

I guess there are quite a few people who will want to throw an extra-cold Frappucino in his face  Undecided

I am not promoting violence, but a HOT coffee would send an even stronger message.  Shocked
Throwing anything at his face is assault and could get you arrested. If you were to throw hot coffee in his face he would likely get seriously injured and you would likely end up in jail for a long time. 
209  Bitcoin / Bitcoin Discussion / Re: Has anyone that stole BTC have been caught, ever? on: July 22, 2014, 02:20:44 PM
At least Karpeles didn't kill anyone! Oh wait, didn't some CEO kill herself because her BTC were on Mt. Gox? I wonder how many lives have been ruined by the downfall of Karpeles. Do we have any numbers?

Stealing $500 million is worse than killing someone. Because for $100,000 you can save a child's life in the developing world, by sponsoring their medical expenses. So a robbery of $500 million is equivalent to killing 5,000 people.
This is really not accurate as the money that would be stolen would not otherwise be used to save children's lives. There is not enough medical infrastructure in the third world to spend this kind of money performing this kind of expensive procedures in the "third world"

Most children that die in the third world do not die from treatable medical issues, but rather from not being able to eat enough, or from untreatable disease or from a simple medical issue that goes untreated because even simple medical treatment is not available.    
210  Economy / Invites & Accounts / Re: [WTS] Bitcointalk.org SR and full member accounts on: July 22, 2014, 03:06:54 AM
still selling. Have had several transactions go very smoothly.
Your information is a bit messed.  Primedice is currently the top paying signature, 0.48 BTC a month at hero member status, and 0.4 BTC a month at senior member status, MAX.
Monbux - PD is not the top paying signature campaign, FXopen is. However even if you were to accept the assumption that you can only make .40 BTC per month, you would ROI in less then two months and earn a 60% return on a .50 BTC investment after two months.
Unfortunately, FXOpen is closing after the last payment period; that is, tomorrow. So Monbux is right: in the pay per post campaigns, PD is the highest paying one at the moment, and you'd need 2 months at least to make up for the account (and post like hell to get there). Wink
I have no interest in buying any forum accounts, however two months is really not a long time to make your money back and then some. There are few other investment opportunities that will allow you to make this kind of money.
211  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 20, 2014, 06:23:56 AM
PD3 is launching this term so it is important for us to sustain the full advertisement group. I do have plans to switch to a flat payment/pay per activity within 1-2 terms after I figure out pricing.
One thing that I could suggest would be to provide incentives to users to change their signature each day for the "10 days until PD3" signatures that you had posted on here ~a week ago.

Since you now have the ability to check everyone's signature you could check to see if everyone updated it and if so then credit them a certain bonus, maybe 0.005 BTC per day, starting at 10 days before PD3 is launched and maybe a .02 BTC bonus for users who change their signature everyday. You could potentially pay this ahead of schedule a few days after PD3 launches to give members an even bigger incentive to keep their signature updated.

For a way to cut down on the spam and increase the quality of posts, I would suggest something to the effect of maybe 75% of the maximum payout (as of now) in exchange for a minimum of 100 constructive posts for the month.

For example senior members can now make up to 0.48 BTC per month (.0012 * 400 posts = .48) so you could change to a flat payout of .36 (0.48 * 0.75 = 0.36 BTC) as long as the member posts at least 100 posts. Going through the payment TX, it appears that the vast majority of members were paid for at least 100 posts. If you wanted to keep a 50 post minimum then you could use a 2nd tier of payouts for members who post between 50 and 99 posts for the month, maybe 66% of the new max payout for 100+ posts for the month.

Another option would be to pay per activity so that, on average a certain ranking member would receive the same amount for posting, say at least 100 posts for the month. The problem with this method is that, a full member with 120 activity for example would receive a larger pay cut while a full member with 239 activity would receive a less pay cut (or possibly an increase) and some may think this would be unfair.

These are just suggestions as to how to change the payout structure to increase post quality. While "eyeballing" the payout TX, it looks like that few members received the max payout, so I would think that these percentages would make it so few members would actually receive a pay cut.
212  Economy / Micro Earnings / Re: Win Free Bitcoins Each Hour at CoinLearn.org on: July 13, 2014, 06:09:48 PM
I gave it a shot and read thru in just a couple minutes. I didn't realize that I had to waste a whole hour on the questions. I will try and just leave the tab open and see how that goes.
This sounds a lot like a faucet.

It is a faucet, and the pay rate will be lower and lower as your balance goes up. Wink

at the beginning you get thousands of satoshis per minute, later on you'll get literally 1 satoshi per minute
and you're going to have to click every 5-6 minutes..

Sounds like a painful task lol.
I heard you can just leave the tab open, but seriously these faucets don't worth your time. Smiley


that's the cache

first you get like 9000 satoshi for just leaving your tab open for an hour

later on they get you with 6 satoshi for every 6 minutes and a minimum cashout of 10 000 satoshi..
This works out to being able to cash out ~$0.06 after all that work. Even for keeping your browser open for an hour it is really not worth it.

like all faucets..
This is really not something you should be trying to do if you are trying to profit.
213  Other / Beginners & Help / Re: Buying Bitcoins Questions for Newbie on: July 13, 2014, 06:08:27 PM
Questions about bitcoins and appreciate if anyone here can answer it and would love if anyone here used bitcoin to deposit into a sportsbook like 5dimes.


Anyone able to buy a few thousand at least or have that amount of Bitcoin and then deposited no problem?


5dimes recently allowing users to deposit with bitcoins.  Can someone tell me how i do this?


1.  What about be the best way to buy bitcoins? Is it through coinbase?  And if so, how do you pay by? So i see 1 bitcoin is worth $636.13 now. If I want around $3000 or a bit more, i go and buy 5 bitcoins correct? 5 Bitcoins would be worth $3180.65 but how much fees do i have to pay? I assume credit card is what most ppl use to pay for it?  Im confused b/c i did read something that credit card and paypal is not allowed b/c it can be charged back.  If thats the case, then what is the preferred payment?  I have credit card, paypal, bank of america transfer.
I would recommend coinbase if you are located in the US. You will need to verify your identity and link your bank account with your coinbase account. You can purchase bitcoin in terms of dollars, meaning that you can simply buy exactly $3,000 worth of bitcoin as you can divide bitcoin up to 8 decimal places.

Quote
2.  Bitcoin fees. I assume the only time you pay bitcoin fees is when you want to cashout those bitcoins into cash when you sell them? So when you transfer them from your account to 5dimes or from a site to your bit coin balance... there isn't any fee? I read the first million dollar transfers are free but then it would cost after that? Is that what is meant by the transfers?
The only time you have to pay any fees is when you send bitcoin from one address to another, these fees go to the miners who help secure the network. Many exchanges will charge you some kind of trading fee, while coinbase will charge a "spread" or the difference between the buying and selling price. Overall it is much cheaper to spend and use bitcoin then it is to spend fiat, but the costs are much more transparent to you.

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3.  I know u cant cashout via bitcoin with 5dimes yet. But lets use another site for example. Assuming i buy 5 bitcoin for $3180.65 and deposited it into some site. Then i turned that amount into $5180.65 and want to cashout. I would withdraw to my bitcoin balance and it would be converted to whatever bitcoin its worth at the current price? And the only fees i pay is if i sell the bitcoins but if i want to use those bitcoins and deposit into another site theres no cost? And what are the fees for selling bitcoins?
See #2

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4.  Can you buy bitcoins in fractions of bitcoin? I know you can buy 1 bitcoin, 2 bitcoin etc but can you buy 2.5, 2.2, 2.08 etc or is it only flat 1 or 2 etc or 2.2 bitcoin thus 1 decimal only?
See #1

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5.  I also read ppl buying bitcoins from other ppl. Is that b/c it costs less but the risk is higher? Yet i do read once you receive bitcoin from someone, its not reverseable right?
This is correct, your risk is much higher as you are dealing with a stranger. It would probably be best if you used something like coinbase for your first few purchases of bitcoin and continue to use a service like coinbase until you better understand how bitcoin works. Once a transaction is confirmed by the network is not reversible (there are exceptions to this, however they involve an attack against the network and are difficult to pull off)
214  Bitcoin / Legal / Re: China cracking down on money transfer on: July 13, 2014, 06:00:20 PM
This will likely give people in China a greater incentive to hold and use bitcoin for a larger percentage of their purchases.
215  Bitcoin / Bitcoin Discussion / Re: PayPal Integrating Bitcoin soon. on: July 13, 2014, 05:58:21 PM
Why would we need Paypal to use Bitcoin as a funding instrument? Isn't one of the greatest things with Bitcoin that I can just send money to other wallets without having to go through an intermediary??

Yeah, but paypal is probably going to act like escrow and they also might have an api similar to bitpay.
If paypal acts as an escrow service like they do now then it will probably be full of scammers the same way that paypal is full of scammers now
216  Economy / Economics / Re: Could take 5-8 years to shrink Fed portfolio: Yellen on: July 13, 2014, 05:55:20 PM
But deposit accounts aren't necessary for bank to create credit.   Savers aren't required for capital
Banks use the money that depositors have in their accounts to lend to borrowers. Banks need to keep a little bit of their own money (capital) on hand to protect their depositors in the event that they lose money on some of their loans. If banks solely used their capital to lend money then the amount they would earn would be small and not worth it for banks to lend (they need to use leverage in order for the loan to make sense to them). Banks needs both capital and money from depositors in order to lend money.
You forgot about how modern banking system works.
Nowadays loans create deposits, not the other way around. It means that the bank lends money (just creates it electronically) and puts it in a borrower's account, and then (usually at the end of the day) corrects its reserve balances.

Without understanding these operational principles one cannot understand the whole monetary system.
When banks loan money to companies the company does not need to deposit the funds from the loan at the same bank, the funds end up in the banking system, not the lending bank.
It doesn't matter, anyways loans create deposits, that was my point.
What about loans that, after the money is spent, the money ends up in cash (as in paper fiat money) instead of funds in a bank account?
217  Bitcoin / Mining speculation / Re: I am happy that The Polar Vortex Is Coming Back Next Week on: July 13, 2014, 05:53:44 PM
While next week’s mid-summer cold snap won’t send you rushing for the nearest space heater, its origins are similar to the cold snaps that defined the brutal winter just past.
This would not make as big of a difference as it did last winter as miners then could provide a supplement to your heater, but today it would not be necessary to be heating your home, it would just be a little/lot cooler then normal. 

It depends on the setup.  Some open air miners that use a lot of venting could really benefit from cool ambient and then not have to waste power on AC.  Also, the power draw on the equipment is lower when the ambient operating temps are lower.
This is true, however the effect would be greater if people actually had to be using their heat for their homes. Instead of using their furnace, they could simply strategically place miners throughout their home to keep their house warm, they would use the same amount of electricity but would earn some bitcoin in the process. 
218  Bitcoin / Mining speculation / Re: Bitcoin difficulty may actually go down in ~7 days! on: July 13, 2014, 05:51:27 PM
I'll gladly take a 3% difficulty increase to offset that awful 25% increase we just had!

Unfortunately, I think S3s will start rolling off the assembly line by the hundreds so the next difficulty increase will probably between 10-15%.

Depends on what day of the week they ship out and if miners can get them online early enough into this difficulty.  Right now doesn't appear any significant change has occurred since it jumped the 3%.

Unfortunately there's very little that we can infer from the hashrate immediately at the difficulty changes. Over the last year the instantaneous numbers can be overshooting or undershooting at that point. I've been working on an assumption that 13% to 14% is the "norm" and that the 25% was an extreme overshoot. The 3% we've just had is really putting things back to where I'd have expected. By the end of the year I expect we'll be under 10% per diff change but difficulties will inevitably be erratic just by virtue of the way mining stats work.
If you take the average of the 3% increase and the previous 25% increase then the total increase for the two periods is roughly the same as if the difficulty increased 14% both periods.
219  Other / Politics & Society / Re: Death Toll Climbs As Israel Bombards Gaza on: July 13, 2014, 05:48:18 PM
Perhaps it is a fairy tale, perhaps it isn't. And on the Palestinians' side, they would also complain that there is no way that the Israeli leadership is going to be held accountable for their crimes. But what you have to ask yourself is, what alternatives are there? Killing more civilians by bombing houses of suspects, or killing a whole lot more civilians in a ground invasion? This is insane; it will never end.

I purpose Hamas stop maximize the number of civilian victims. You really trust the Hamas try to avoid Palestinian victims ?
I think that Hamas is trying to maximize civilian victims in order to make Israel look bad to the rest of the world. They have always targeted civilians and have no intention of ever having any kind of peace.
220  Other / Politics & Society / Re: US ‘kidnaps’ Russian MP’s son to ‘exchange him for Snowden’ on: July 13, 2014, 05:46:51 PM
US ‘kidnaps’ Russian MP’s son to ‘exchange him for Snowden’
http://rt.com/news/171188-russian-hacker-kidnapped-america/

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The US “kidnapped” the son of a Russian MP, possibly to exchange him for Edward Snowden, the father charged. The man was indicted with computer-related crimes by a Washington DC court and snatched from the Maldives.

Roman Seleznyov was detained on Saturday at Male international airport as he was returning to Russia, the Russian foreign ministry said on Tuesday in a statement. He was forced by agents of the US Secret Service to board a private plane to Guam to be later arrested, a move which the ministry called “a de-facto kidnapping.”

Man the Americans think up the weirdest stuff I'll kidnap this guy and ask for a ransom
What ever happened to we don't deal with terrorists but we will use their playbook when it is convenient to us.
I call BS on this story. This is something that the likes of CNN would have reported on by now if it was true.
LOL CNN. Seriously? People like you still exist?
CNN may have political spin to their stories, but they have a lot of resources to be able to break news, and have a reputation to maintain so they will not report something that is outright false.
This is absolutely laughable. Turn your TV off, your brain is leaking out of your ears. You have had enough.
Do you care to elaborate? The press in eastern europe and in russia is far from free and is controlled/influenced by the governments there, on the other hand the press in the US does not answer to the government in any way.
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