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20581  Other / Beginners & Help / Re: What are the best ways to earn bitcoins? on: April 25, 2016, 03:32:21 AM
free methods:
i am afraid there is no such thing as free methods, since bitcoin is money and nobody is giving away money for free. although you might find free giveaways or donations they are never that much.

Investment:
- buy bitcoin and wait for the price to rise.
- start trading, bitcoin with fiat or altcoin with bitcoin
- invest in casino bankroll which is risky because you might lose if the house loses
- invest in cloudmining which is bad because they are mostly scam or with bad ROI
20582  Bitcoin / Bitcoin Discussion / Re: Could bitcoin be hacked? on: April 24, 2016, 05:28:23 AM
I've heard that if a group of people controls most of the coins, or transactions, whatever... they could change the bitcoin program, steal etc. How much of this is true and what is the chance that it happens?

i think what you have heard is about the 51% attack. that is the only thing that comes to my mind when you say a group of people controlling most of .... (the blank is not coins it is hashpower). and that will cause the ability to double spend.

just FYI in 2014 GHASH.IO had more than 51% of hash power and nothing bad happened
http://www.coindesk.com/51-attacks-real-threat-bitcoin/

for more information about weaknesses read the wiki and ask question more specifically about which part is not clear to you: https://en.bitcoin.it/wiki/Weaknesses
20583  Economy / Speculation / Re: The Great Bitcoin Rally of 2016 on: April 24, 2016, 04:56:44 AM
I think we cannot really know if this is it or not. Could be. People is expecting it and sometimes the expectations make people buy and produce what they are expecting. Lol.

it is happening anyways, it is slow rise but it is happening without a doubt. and i think the reason of the slow rise unlike last time is that it is a much bigger market now, there are a lot more investors that will slow the rise down and also there is no gox bot to fake anything, it is all real.
20584  Economy / Speculation / Re: Fasten your seatbelts: now it begins... on: April 24, 2016, 04:52:55 AM
There's no need to fasten your seatbelts, the price movement is way too slow for that. these $10-$20 movement means nothing. Back in late 2013, 3 years ago, you'd see $100 rise in less than a day. Your exuberance is an indication of bitcoin failure.

lol, will you ever get tired of this nonsense that you keep posting here? a while back you were claiming that bitcoin will soon fall under $200 with topics about big crash and abandon ship, now you say slow rise is an indication of failure...
20585  Bitcoin / Bitcoin Discussion / Re: Bitcoin First Transaction? on: April 24, 2016, 04:44:15 AM
It was between Hal Finney and Satoshi. I'm sure someone can point out the link on the blockchain.

EDIT: Here it is: https://blockexplorer.com/block-index/170


but it is transaction number 170. I think it is not the first transaction.
if you click previous block you can see there is older transactions available.

Edit: What about this?
https://blockexplorer.com/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048

that is block #1 and if you want block number #0 (the genesis block) it is this one 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

but these blocks all have only the newly generated coins, if you are looking for the first transaction made between two people it is in block number #170
https://blockchain.info/tx/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
20586  Bitcoin / Bitcoin Discussion / Re: Ever missed the chance of getting bitcoin at cheaper price? on: April 24, 2016, 04:34:07 AM
I wont blame you even I would have done the same if I were you.Most of us are impatient imagine the condition of that guy who offered you 10k btc.I am sure he must have sold it to someone else and probably for even less price

Maybe, or could be that he might have had to hold if no one has bought and sold when the price was at $1000? 

I don't know, I'm just curious to know what happend to that guy and his 10K BTC, but I don't remember who that guy was. It was those days when I used to use yahoo messenger and it's been years since I touched it. Grin


interesting questions and responds. i have to say the only chance i have missed in bitcoin is the chance to mine it back when you could mine bitcoin at home and price was going to the moon. from that time until now i have tried my best not to miss these golden opportunities to get on the train before it leaves.

and lol, I never heard or knew about mining until it has become more difficult to solve blocks and when I came to know about it, I also realized that I needed hell expensive of hardware.

yeah, a couple of years ago you could turn your pc on and with a decent GPU you could do some solo mining bitcoin and earn a lot of money, because the difficulty was super low and also it was at the same time when the price was only increasing.
i had a friend who did this and i was too lazy to learn how to do it and start doing it.
20587  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: April 24, 2016, 03:57:27 AM
Currently I am making hundred satoshi everyday and my goal for now is to make 1 btc with $600 value on it or more+++ and I will be happy to have that coin and just let it stay for a year or 2 and convert it to cash when price is up

just buying bitcoin and holding it for a couple of months is the best way of getting rich these days especially if you could buy bitcoin while it was cheap. and also if you want serious money and not hundred satoshi you should start thinking about other ways of earning bitcoin, like trading.
20588  Bitcoin / Bitcoin Discussion / Re: Ever missed the chance of getting bitcoin at cheaper price? on: April 24, 2016, 03:52:39 AM
interesting questions and responds. i have to say the only chance i have missed in bitcoin is the chance to mine it back when you could mine bitcoin at home and price was going to the moon. from that time until now i have tried my best not to miss these golden opportunities to get on the train before it leaves.
20589  Economy / Trading Discussion / Re: 85% Profit - how ? on: April 23, 2016, 03:57:12 AM
How a company can give you 85% profit in 60 seconds ?

Does companies really earn that much to give you profit ?

what they get ? if they gives you 85% profit for 60 second

http:// eightyfivepercentprofit . blogspot . com/

you are asking the right questions here my friend. as you have already guesses it yourself, they are not legit and most probably a Ponzi scheme behind the scene, especially when you say in 60 seconds!!!

as a rule of thumb when you see a high percent of profit in a short time with no real business or lack of proof it is a scam going on there.
20590  Economy / Speculation / Re: Bitcoin will stabilize at the same price that it was at 2 years ago.. $150-$200 on: April 23, 2016, 03:50:27 AM
This thread poster must be a member of the idiot's hall of fame.

haha, nice bump. i remember seeing this topic back then and thinking to myself this can't be true. and i am glad that i have acted on my thought and bought as much bitcoin as i could back then at $190-$230 range over time Cool
20591  Economy / Economics / Re: Is gold better than Bitcoin? on: April 23, 2016, 03:43:11 AM
i believe Bitcoin is much better than Gold, because of two big reasons: first is the price that bitcoin has, it is low now and will go way up so we can make a good profit by investing in it. second is the storage issue, while i can store bitcoin on my own the most secure way i can't do the same with Gold.
20592  Bitcoin / Bitcoin Discussion / Re: What wallets do you use and why? on: April 23, 2016, 03:39:05 AM
I am using coins ph and blockchain info,
If i have so many money i keep it with blockchain.
And If i claiming in faucet i keep it in coins ph because in that wallet theres no transaction fee.

It is good to use web wallets because it is accessible anywhere and fast but it is not secure.

I am not sure how you define "so many", but it would be good to move them into a more secure wallet once you have more than a Bitcoin. The reason being is that web wallet are easily hack able. I'd suggest you to check out MultiBit and Electrum for desktop based wallet.

a web wallet or even Electrum, Multibit,... that are connected to internet is what i call hot wallets. so you should only keep what you want to spend on them. so the "amount" would depend on the person and their expenses, and may differ from one person to another.
20593  Other / Off-topic / Re: How kids can "earn" Bitcoin ? on: April 23, 2016, 03:35:47 AM
Kids shouldn't work for money. Its their parents responsibility to feed them and give them money. Kids should be staying on the house playing their little toys.

it has been said a lot of times already. i agree with this but it is not about the kids working their ass off to earn a living, it is just like playing a game and earning a little from that and learning the process through that.
20594  Economy / Speculation / Re: Recent Price Bump on: April 22, 2016, 04:59:56 AM
Trying to put a finger on the nice increase recently...
Some possibilities:
1) Segwit going live
2) Open Bizzaar up and running
3) Steam BTC acceptance

Other thoughts?

1) i think this can be effective but it hasn't gone live, it is just a very early stage. so if there is an effect it would be tiny at this point.
2) i totally agree with this, with openBazaar growing there will be a lot of good things happening with bitcoin
3) steam accepting bitcoin is not official, and it came out 1-2 months ago and not yet started.
EDIT: they still don't accept bitcoin but apparently they are officially doing the groundwork. ref: https://redd.it/4fuk6c

+
4) with ETH dying slowly, the money is coming back to bitcoin. this is biggest IMO
5) there is always halving effect
20595  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: April 22, 2016, 04:45:23 AM
It is not only good but the best long term investment. As we have observe this time that the price is continuously increasing and I think it is not yet late to buy one.

You are not right cause long term investment in bitcoin is risky if we talking about big amount of money. Price can fall down or smth else, need to take into consideration everything.


it is all about managing your investment and risk management techniques.
if you want to invest a lot of money into bitcoin then you need to watch the price too, which means staying alert always to see if the price goes below your loss level of tolerance, so you can sell before further losses.

besides the chance of profit is a lot more than chance of loss at this point.
20596  Economy / Economics / Re: How to save money. on: April 22, 2016, 04:41:28 AM
I am trying to save my money into bitcoin on regular basis as if everything goes fine in future then my savings will grow in the best possible way.
You are doing saving money by investment but a better solution can be investing some percentage of your money in bitcoin and not all of it.
It all comes down to how much risk he is willing to take.

In a way investing in Bitcoin now is a good choice, because it has good prospects for the future, but at the same time it might not be the best choice because we might be going back into a slump. Not saying it is going down all the way, but the average is slipping a bit.

everything we do in life need risk taking, and it becomes more special when it comes to investment. if you don't want to take risks then you will never get anywhere.
but the risk you take should be a calculated risk not just gambling with the investment and hope for the best.
20597  Economy / Trading Discussion / Re: perfect money to bitcoin on: April 22, 2016, 04:32:27 AM
you can deposit your money from perfect money into c-cex.com exchanger and then buy bitcoin with it and withdraw, the fee that is showing up for perfect money says 3%

but if this is true then you don't need to do anything that would be so easy and awesome, i have to try it myself:
To exchange Perfect Money to Bitcoin you don't need to use any exchange as you can do this yourself from within the Perfect Money website.
20598  Economy / Trading Discussion / Re: Rate my account on: April 22, 2016, 04:19:28 AM
bitcointalk account is not the only form of collateral, check out the lending section stickies for more information about these things.

but in short you can offer a lot of different things, for example some altcoins like LTC, Dash, ETH, or sometimes you can offer your steam games items or cards,.... as collateral if they are worth some money.
20599  Other / Beginners & Help / Re: How to collect BTC ?? on: April 22, 2016, 04:14:07 AM
What is the simpliest way in collecting btc? The application used? Any site or link so I can try? Thank you Smiley

there is 49 pages of other users answering this exact question.

bitcoin is money so there is no easy way to earn it, you have to work for it. and just remember there is not "application" for that and if somebody told you there is be sure that it is going to steal your information.
20600  Bitcoin / Bitcoin Discussion / Re: Why I use Bitcoin ??? on: April 22, 2016, 04:05:16 AM
In this time most of the currencies are here,so why i use Bitcoin? what you feel the different between Bitcoin and the other currencies?

there is a lot of differences but the biggest one that every simple user can see is the use cases, in other words i can use bitcoin as a currency in a lot of difference places to pay but this is not true about any of the other currencies (altcoins) there is only a handful of use cases for a couple of them and the rest don't even have one.
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