I need to cough up like 400 dollars to buy the antminer s5 on bitmaintech.com. in the early days you could run off a server but if you compare the hashrate of the server to a bitmain asic(aplication specific integrated circuit) you will find that you are vastly outperformed. Your power costs would be way 2 high to make any profit. Tbh most mining operations are run by companies investors with massive infrastructures. I would suggest cloud mining if they usually didn't turn out to be a ponzi scheme. Hashnest is owned by bitmaintech so I am saving up to buy a few terrahash. Btw see my pm. Hopefully it will help us get started.
what is this? are you advertising or asking questions? you say you need to buy, then answer yourself that it is not worth it and cloudmining is better!!! make up your mind bro |
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Can we modify the software/bitcoin blockchain to allow for division and smaller denominations than a Satoshi if we decide to in the future?
I guess it cant be done because satoshi is the smallest unit for bitcoin and I dont think it is needed because it will just create alot of confusion . Even with the current denominations, satoshi , bits , mbtc and ubtc, many people are already confused about it and keep on asking what is that about it can easily be implemented in bitcoin. if the price is at a stage that even 1 satoshi is worth something and transaction fees are getting too expensive, then it can be divided to smaller parts like 1e-9 1e-10 ... so that it can be spent too. but i say it depends completely on the price. |
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I think bitcoin is safest investment as i am also holding some of my coins as a future investment, i believe in that the price will go high again in near future 5 years is so long period and much hard to predict the exact price of bitcoin but in next year the price can be more than double as the current.
bitcoin is far from being the safest investment. there are so many other thing to invest in that are far safer than bitcoin. by safest investment i think you mean it has the highest profit or at least it has the potential to give you a nice big profit. |
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~~~
LOL x999..
Like I said Im not relying of them. Whew are you really getting my point or just increasing your post count? Don't be serious on my post. Of course EVERYONE knows that working is much better that claiming free altcoin giveaway. Are you reading previous comment? I already earned 0.1 from sports betting today. That save altcoins method is just my side doing/earnigns together with signature campain , playing dice and selling prepaid products here in my country. Men come on read before you comment. You guys are in high rank now.
relax dude  people have different points of view and in case of faucets, they usually have negative thoughts towards them since they pay so small amounts. and they are not wrong either. just do what you think is good for you. i visit faucets too, they are good to cover some transaction fees for me. |
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@shorena it is in Ten Commandments 1) Thou shalt not interfere with the works and files of other people. 2) Thou shalt not sneak around in other people's computer files. 3) Thou shalt not use a computer to steal and do negative things. 4) Thou shalt not use a computer to bear false witness. 5) Thou shalt not copy or use proprietary software for which you have not paid. 6) Thou shalt not use other people's computer resources with no authorization or proper compensation.7) Thou shalt not appropriate other people's intellectual output.  Thou shalt think about the social consequences of the program you are writing or the system you are designing. 9) Thou shalt always use a computer in ways that ensure consideration and respect and safety for your fellow humans. but in seriously i am not a law student so i can not tell you where exactly in the law says that but i say this because of incidents like this: "Gaming Company Fined $1 Million For Secretly Using Players' Computers To Mine Bitcoin" this was a 2013 event. google it and you might find the law that covers it. |
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I think there are 20% percent of Bitcoin lost forever.
there are 14.3 million bitcoin in circulation right now so 20% is equal to 2860000 BTCyou are claiming that there are 686 million dollar worth of bitcoin lost? care to explain why you think that? |
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You're suggesting LTC will surpass $40?
where did you get $40 from?!! The all time high... it was $40.. Soo that chart says it will pass it's old all time high.. It could.. but ya. oh yeah. the initial huge pump back in 2013 where price jumped, it was because of the $1200 bitcoin price, and since i don't see that coming any time soon i'd say this 2-3$ is it. |
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@SmartIphone the amount of free crypto they offer in Yobit is way lower than the amount that a faucet offers. https://yobit.net/en/freecoins/for example they are offering 10 satoshi per claim, which is not work registering on an exchanger only to get that, |
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how can it be legal doing that? it would use up their hardware, its the same like it would be legal to use others money, you would use it up and thats it
I'ts legal for the reason because op is making it clear that they are participating in this mining by warning the beforehand. It's not like he is trying to force them into silent mining, but rather it would give them reward in form of game currency to allow them to actually play the game he is offering. cheers it is not legal unless he asks them to accept some kind of terms and services and in those terms mentions clearly what he is doing (using their cpu power to mine an altcoin and earn money this way) and also clearly warns them about the risks (overheating, and any kind of damage that might cause their hardware) and gets their agreement on the matter before attempting it. |
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keep in mind that you have to pay fees twice once when you buy and once when you sell.
in other words you pay fees on every trade you make.
with 0.2% fee
Buy 1000DOGE @75sat cost of buy is 75000sat -----> you pay 150 satoshi fee
Sell 1000DOGE @80sat cost of sell is 80000sat -----> you pay 160 satoshi fee
79840 - 75150 =
you will get 4690 satoshi profit
But do not think Price will always go up it can Down also So Big investment = Big profit / Big loss In trading line their is risk but without you take any risk you cannot get profit in your life In simple words - profit = income minus expenses you made to get this income loss = when the profit is negative its called loss. i am not claiming anything about how price will be. i simply corrected the mistake of my above posts. to complete that here is the loss: with 0.2% fee Buy 1000DOGE @75sat cost of buy is 75000sat -----> you pay 150 satoshi fee Sell 1000DOGE @70sat cost of sell is 80000sat -----> you pay 140 satoshi fee 69860 - 75150 = you will have 5290 satoshi loss (-profit) |
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Ah man, there are alteast 30 clones of this thread that all ask for how to earn bitcoin.
Ok for the last time i tell it here too!
Buy XRA and DUB on Yobit because it made 500% returns 2 days ago, some people got filthy rich with it, including me i made more than 1.5 bitcoin in just about 20 minutes.
Is that good enough?
do you know what filthy rich actually means? how can you get filthy rich from trading a coin that doesn't even have more than ~0.2 BTC daily volume? are you advertising these two coins because you are a bagholder? i see 4-5 mention of XRA and DUB in every page of your post history! |
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I think there are a lot better opportunities than btcjam. I don't feel that btcjam is really worth the risk. It's practically gambling.
And I find the whole concept of trust loans, it just tells me to stay away. Eventually they'll run with your money.
if you want to lend bitcoin to other i think you have better chances here rather than on any other site like btcjam. there is a lot of complains associated with their services. at least here you have control over your lendings. |
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when i click the LastDrawings all the previous picks (#76-#75-....) all have 0 btc prize amount and no winner!! on your home page the Latest Bitwin Records shows two addresses that are both empty. does anyone actually play and does anyone win? |
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OP prediction didn't happen now the bitcoin price is still around $240-$245 but i have already sell my bitcoin
and i hope tomorrow the price will increases again from now
it is not the first time his so called predictions didn't come true, he is just trolling in an attempt to push the price down. i hope you didn't sell your bitcoin because of posts like this. |
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I wish local bitcoins had a Alt coin option. Step up your game local bitcoins!  if they feel that they are loosing customer to a competition then they will change their services and add new features. untill them this is the only crappy option we got |
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coinbase only catches small time criminals, if we can call someone who uses a casino or what AgentofCoin said a criminal. these numbers are just so small in comparison to the number of criminals using bitcoin.
besides they don't really use a third party for their illegal activities, and they use mixers to cover their tracks.
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Actually, I'd prefer it if Bitcoin and pornography remained separate for now. Bitcoin still has a reputation for being associated with shady and often illegal activities such as drugs, gambling, hackers, assassinations, money laundering, ISIS, etc. Do we really need to add pornography to the list?
Of course fiat can be used to purchase porn and drugs too but fiat can also be used to pay your electricity bills or groceries at the supermarket - i.e. legitimate stuff. BTC doesn't quite have the same level of support yet. Businesses that accept BTC are still quite rare and having pornography become such a large part of the fledgling Bitcoin industry at this stage is probably going to hurt society's perception of the currency and possibly negate whatever economic benefits it may provide.
Anyway, that's just my opinion.
I like your perception, but I think the purpose of why bitcoin can be used in pornography and gambling site is almost internet users like the sites. I mean, we can buy groceries or any stuff what we need openly in market, yeah real life market surely. But for gambling and pornography, people love it and will spend their money just to get some pleasures from there. The problem for them, they don't want their family or relations know about it, [...] Their families and relations can still know about it if the wallet/addresses they use for those activities can still be linked to their known wallet/addresses. it is much easier for your family to know what kinky stuff you did on the internet by checking your history and last site you visited rather than checking your bitcoin address and see where you spend your coins. also there is credit card bills that will reveal all of that to your family. |
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i think the number of survey respondents is too small to assess the bitcoin usage. but still i think 22% is a good number at this stage.
additionally i don't really get the whole concern about sacrificing privacy for the sake of security thing that they are talking about, since you can use bitcoin totally anonymously and have the security also.
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eventually this has to happen. because average day to day users doesn't need to know about all the technical stuff that is going on behind the scene. and in many cases they don't want to know and knowing them would make things complicated for them.
take the things that we are using every day like cell phone, computers, cars, etc nobody (at least not many) cares about how they work but still they keep using them.
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