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221  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: July 26, 2018, 10:49:55 AM
As we all know that smartphones are just like computer nowadays that has strong storage capacity and processor. This I think could be enable to mine bitcoin and this is what I am waiting for if there are any smartphones company that would offer their smartphones for bitcoin mining or even as a smartphone that works as digital hardware wallet for bitcoin and other crypto. I am waiting for it to happen. Do you think that it will happen?
Why would smartphone companies offer their smartphones for bitcoin mining? A smartphone has other expensive components like camera, its screen, its motherboard, etc. Bitcoin mining only makes use of the power of the processor. You are paying for other components but you're choosing to abuse only one part of your phone which is the processor. If you're going to do that, then you should have just bought a GPU which has a lot more power than your smartphone.

I really think that where you are coming from is the Ads of the new phones claiming that they are as powerful as a computer. They can claim that, but we don't see phones running the same apps as computers do like AutoCAD, photoshop. And yes, I'm aware that these has mobile phone apps BUT they just don't have the same functionality. You can do a lot more in PC and you can also load the files better on PC.

Another reason why you shouldn't mine using your smartphone is that smartphones have a short battery life and mining bitcoin makes use of all your processor's computing power and that consumes a lot of energy. This means that, one day, you might be able to mine bitcoin using your phone, but it wouldn't give you much money (since there's not much computing power) and it will make your phone go low battery almost right away. You can do it while being charged, of course, but that's going to ruin your battery life. If you look at it, you might even end up paying more money for the electricity bills of your phone being charged all the time than the money that you're going to get from mining bitcoin with your phone.

Honestly, the computing power of your phone is so insignificant compared to how much computing power other people have to the point that it's probably better if you just do faucets.

TL;DR: It's not worth mining with your smartphone.
222  Bitcoin / Bitcoin Discussion / Re: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT on: July 26, 2018, 10:17:20 AM
Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?     
nothing is sure in the world of bitcoin. It can be 100k at the end of the year, but it can be in red. But I'm wondering which bank would give you 10% per annum ROI on your investment? That doesn't make any sense, unless it's not guaranteed interest
It also left me wondering, what bank is giving 10% annually for time deposit? Usually it's just around 0%-3%. 3% is already so much. We have 1.85% for the highest rate for time deposit for 12 months. 10% is so much and it actually sounds good. With $20,000 in your wallet with you not knowing what to do with it and a 10% gain per year for time depositing it in a bank, that sounds really good to me. $2000 a year out of money that you have no plans of doing anything with sounds amazing to me. I would have chosen that instead since it's totally possible that it will take a lot more than a year before you can earn that 10% gain from holding bitcoin especially now that we're at red.

On the other hand, I'm thinking that maybe it was a typo? 10% annually just sounds so much to me so maybe it was $200 instead of $2000.
223  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 26, 2018, 09:34:56 AM
as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.

Thank You.

As my ipinion about this issue's government wants to kill bitcoin, It's because they don't want improvement in their country's and most them are know as most corrupt country's. Actually crimes, terrosist and money laundering are already exist with the use of fiat money so they are wrong to criticize the negative effects of bitcoin, because for me its depend upon the user's who they are.
Actually they do want improvement in their country. They want improvements, but not too much improvements that people are going to be so well-informed that they know what's going on or have facilities that allows people to have such good lifestyle that they can actually think straight or be able to think with no mind-fog going on. In other words, they want improvements but only enough to say that the current administration has done something good to the citizens so we can have some positive thing going on in exchange of all the things that they have ruined just to make themselves richer.

The government clearly cannot kill bitcoin. The only thing that they can do is prolong the mass adoption going on. For example, I live in a country where the Internet connection is really slow and most places don't even have a signal reception. This way, people aren't getting that much information as opposed to people from the first world country who has easy access to fast Internet. They can easily watch Youtube videos and become well-informed of things. They are smarter than us because of this thing and their lives are a lot easier too. Thus, they are more aware of what's going on in the world and they are more involved. With people being not computer literate, bitcoin's mass adoption will take so much time to take over.
224  Bitcoin / Bitcoin Discussion / Re: WHAT HAPPENS WHEN NO ONE SELLS BUT HODL? on: July 26, 2018, 02:26:39 AM
if that happens the whole coins becomes scare and scarcity is one of the factors that drives the prices of product high.
The second thought is correct. Scarcity makes the price go higher but the first thought is not. The coin doesn't really become "scarce". The amount of coins in the world will still be the same. What's scarce is the number of coins in the market/the ones that are up for sale. The volume will be really low and thus the market will be a lot more volatile. Assuming that there will be constant demand for it, the price will go high. On the other hand, bitcoin is not something that's really that in demand when you look at the global scale. Thinking how little is the community of bitcoin users compared to how much people there actually is in the world, when the volume of bitcoin has become really low, people might not buy it and just start using a different coin. People might not care about it, is what I'm saying.

and then gets more acceptance from the global community
I really don't see a relationship between the coin's volume going really low and its acceptance to the world.
225  Economy / Gambling discussion / Re: What is best practice for gambling?? on: July 25, 2018, 10:08:50 AM
Like how you should not do bitcoin selling when the panic selling time is there. Likewise even on gambling if you loose the money all the time you should stay away from the gambling site. I want to invest on the gambling site I will check the site about on this forum. I believe here we can see better review about the gambling platform with the forum members. Then do not get greediness and keep on investing your money. Sometime it will lead to loose with the big bet or big dice roll.
This is very situational. This forum is open to everyone and it has a lot of members. A lot of members are able to give their opinion about the gambling site and tell you what they have experienced in using it like if it was actually provably fair, if it has bugs, if it is rigged, and if the website or the company has had an issue in the past. Perhaps you can even find a link to a scam accusation. On the other hand, this is kind of a double-edged sword. Since anyone can give their "opinion" about it, some troll from their company can just reply to your thread and claim that they have had amazing experience using it and some other troll will come and confirm it. When no one except them has taken notice of your thread, you will believe that what they are saying is true since no one is there to counter their claims. It's like everyone can say something about it but not everyone will have the time to do so. Depending on who are the people replied your thread will be the basis of your conclusion. The troll scenario is very likely to happen especially when you're going to play on a new gambling site which doesn't have that much users yet, meaning not much can give you info on their authenticity.

What I would recommend is that you play on an established website. They are all the same anyway. Some has gimmicks like zero house edge or some new way to have a good algorithm for autobetting. If for some reason you still want to play on that website, I suggest that you google search them first. Have they scammed someone, it will be on reddit or in this forum right away. If you can't still find any information, maybe you should see it for yourself by putting a really small amount of money just to try it out although I would REALLY recommend just playing on a different platform since there are plenty of established ones anyway.
226  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: July 25, 2018, 07:59:10 AM
At first I hope to get success in gambling and I felt it had been accomplished at that moment even though in the end I swallowed the loss too and was ready to leave the gambling. I just want to say if gambling is not something that can make you successful, because you will unconsciously become more greedy in gambling if you can not control yourself properly.
Gambling is a useless game and will only destroy the dream we have. For anyone who tries to enter the gambling world he will get addicted and that will make him or her get ruin and lose everything they have. Gambling is not a job and also Entertainment. Gambling is a very bad thing and we should never try to play gambling !!!
I don’t understand how can one find success in such a bad thing? Everyone knows that gambling is a worst thing in the world and a gambler will ruin his life in regular gambling. I have never seen any successful person in my life that he won money in gambling and now he is very happy and doesn’t gamble. I am not a gambler because I know that the end of gambling is always worst.
Plot twist: Biggest Gambling Wins of All Time
I just google searched that, I don't know if the website is legit or not BUT we have seen on television people that have made fortune from lottery which is also a type of gambling (but a lot more socially accepted than everything else). It's really possible that a lot of us do not know personally a person who has made money out of gambling but that doesn't mean that they do exist. I personally do not know any famous celebrity yet they aren't a myth to this world, they do exist.

Gambling has done bad to most people but not to everyone. There are still people that have made their way into success by gambling. It's obviously not done by hardwork but rather luck. Gambling changes lives everyday but behind all these people that have become rich from gambling are the people who have lost so much money (and even their life savings). For example, in the link the first one has won $590M. That means people have lost $590M in the past and their money is now in the hands of this man. So much people have lost so much money just for this person's happy ending.
227  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 25-July-2018] on: July 25, 2018, 07:41:03 AM
Added Bitcasino.io Signature campaign into the table.
It fits best if you will put that on the PNYC and Varanida seems to be inactive so it should be removed or flux.

Varanida and the other campaign handled by Wapinter ended a week ago, they have updated their participants in their telegram channel. There were no further updates on the thread since Ive heard Wapinter is banned.

I thought it was only the other campaign? Nothing was mentioned about Varanida and there are people from the thread still wearing the signature so I'm just assuming that they are still getting paid?
228  Economy / Gambling discussion / Re: Do you find Success in Gambling? on: July 25, 2018, 02:55:44 AM
Some of us think that gambling may be a good source for our daily income but they were wrong. When the time that they realize that they were being eaten by their greediness and is being addicted to it, it's just too late to stop. Gambling is more riskier than having a work with a debt because if you have debt you can pay for it for your next salary, while gambling and just depending either you win or lose for big amount but mostly you will lose and it is not that really necessary to choose gambling as a source of income.
People are lazy. That's all we have to think about to understand why are people becoming so delusional and think that they are going to make money out of gambling. Casinos were made for the casino owners to become richer, not for the players to take home the jackpot. In other words, the whole thing is programmed for you to lose. It's such a good story to be able to make money from gambling. You just sit in front of your computer and you are going to make money. Such story is so good, probably too good to be true. It is, indeed.

There's no way to be successful in gambling instead you're the owner of the casino. You maybe be successful short term but in the long run, you will be fucked up.

Ok maybe there's a way but only with games that need skill and not online in RL with games like poker.
Poker has become like a sport like billiards. Money is involved but the whole thing is a combination of luck and your skill. The more skill that you have and the better you can bluff/manipulate your opponent into, ultimately, losing, then the better success you are going to have. But in gambling, in general, it's just impossible. Whenever you are gambling, the only time that you stop betting is when you do not have money anymore. When you're winning, you have no plans of quitting gambling. You might win now, and quit right away, but eventually you will go back to the casino and lose all those money that you have won in the past.

The only way to succeed in gambling is to be able to be at positive profit (win a bet) then never gamble for the rest of your life. On the other hand, going to positive profit can be really hard already. It's a lot harder to never gamble for the rest of your life again. Of course you can be at profit so high that even if you still gamble on other days, you will not lose all the profits that you have had in the past. But let's face it, not everyone's winning big. There's only a handful of them.
229  Economy / Economics / Re: What don't you like about Banks and Banks controlling your money on: July 24, 2018, 11:42:27 PM
The reason why I dont like some banks is that in the past years, I decised to save money in the bank. Then I though it will not be reduce even cents, one day i checked my savings if it's still in the same amount, then when I saw it, I was shocked because it is all gone. Then I knew that it was hacked by some other person. I was very mad because they are responsible for my money. Then they also get interest in your savings because they said that you are using their system.

Instead of sharing your story here, you should have done something to get it back. Perhaps you withdrew the money in the past and you just forgot about it? It's really unlikely that your bank account is going to get hacked by some hacker. It's totally possible that your card was used by someone who has access to your wallet at home and used it to buy something online. You can always consult/ask the people inside the bank where did your money go. Perhaps even the transaction history of it, when and where did your funds go. If it was withdrawn, was it by you? You will know by looking at the timestamp and location of where it was withdrawn. There's so much possibilities that could have happened before you even consider that you were hacked because why would hackers target you in particular? It's also possible that there was just an error when you checked your card.

If you are sure that you're not at fault and it has an unauthorized transaction, you should have told them about it. They are probably going to do something about it. I know that they usually give it back (since they can make money out of thin air anyway AKA print as much money as they want).
230  Economy / Services / Re: [Brand New] 🚀 Bitcasino.io 🚀 [Signature Campaign] 🚀 [$120/week] on: July 24, 2018, 11:06:11 PM
Btctalk name: Fatanut
Rank: Legendary
Bitcasino.io BTC Wallet Address: 34KBFaVQoGmFzT4Zk8WzSvdi2GzndUTFU6
Wear Appropriate Signature: Yes
Wear Personal Text: Yes
Wear Avatar: Yes
231  Economy / Economics / Re: Does money make you rich? on: July 24, 2018, 09:35:03 AM
To me the answer is No.
If not money, what makes people rich?

A lot of people go to work everyday, working for money and making more money, but fail to become richer.
It's because they really don't have a plan on how to get out of poverty. Everyone's working and working but their salary's gone because of their lifestyle.

Ironically, many only grow deeper in debt.
Again, it's because people have a lifestyle that they cannot afford. It's really funny because it's the regular employees and not the managers that are spending so much money on coffee (Starbucks).

We have all heard stories of lottery winners who are instantly poor again.
This is exactly why there's such a service called wealth management. People who have won the lottery that are from a poor neighborhood will have a poor neighborhood's mindset. They don't think of the future and that their money is limited and is basically nothing in a wider scale. Funny because now that they have the chance to escape poverty, they just upped their lifestyle and thus lose all their money eventually.

It is information, wisdom, knowledge that makes one wealthy.
I'm just gonna cut it here. In order to become rich, you need a business. Sure there are people that have become rich because of their job but it's probably because they are really really smart and good at what they are doing. But for a normal individual, you are going to need business. Money doesn't make a business succeed. If it did then no business should have gone bankrupt. You will need information on how are you going to run the business, how will it operate, where should it operate, etc. You basically need a business plan and information (or data) is needed for it.

Basically, money is just money and without any knowledge on what are you going to do with it, then you're going to lose it unless you hold it until the time that you're actually ready to start making money out of your money. If you just spend and spend, you will eventually lose it all.
232  Bitcoin / Bitcoin Discussion / Re: Why did the government want to kill Bitcoin? on: July 24, 2018, 06:43:33 AM
The government want to kill Bitcoin because Bitcoin is called digital currency o they can not control it. On the other hand bitcoin is illegal for Bangladesh

Just because it's a digital currency, doesn't mean the government cannot control it. The balance in your credit card, debit card, or bank balance, they are all digital currency yet they are controlled by the government. Same as the funds that you have in your Paypal account. Your funds are held by a third-party company (Paypal) and at the end of the day, the government will still be able to control it. I think what you should have said is that bitcoin is a digital currency which is decentralized that's why they cannot control it. It has no central network and it is definitely owned by noone except the people that own the bitcoin (money) themselves.
233  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 23-July-2018] on: July 24, 2018, 06:35:24 AM
Updated table
Sportsbet is now full, all slots are already filled on the spreadsheet




(there's nothing to update/add to the table)
234  Economy / Services / Re: MOZO Sig and Avatar Campaign(100 open slots) on: July 19, 2018, 10:47:12 AM
Btctalk name: Fatanut
Rank: Legendary
Current post count: 2755
BTC address: 1DwnaypfKYQ4nyq1GAmc1RZY63aRwaFAE8
Wear appropriate signature: Yes
Wear avatar: Yes
235  Economy / Service Discussion / Re: Overview of Bitcointalk Signature-Ad Campaigns [Last update: 18-July-2018] on: July 19, 2018, 10:44:15 AM
Thanks Fatanut! By the way, I've given you and ralle14 some merit for the help received. I apologize for being extremely inactive. Real life has been quite busy the past few months.

Thanks and you're welcome!
236  Economy / Services / Re: Nexybit Signature Campaign (Sr/Hero signature revised 4/13)(4/10 rates revised) on: July 12, 2018, 12:12:03 PM
is this campaign still open for full member?
I would like to take part.
I am asking for feedback

They have a new thread and sadly they just got full.
237  Economy / Services / Re: n.exchange (formerly nexchange.io) Signature Campaign on: July 12, 2018, 12:05:58 PM
Hi, I just want to clarify something this sig camp. has no post requirements? mo is month right? so in full member $20 in 4 weeks?

Yes as stated in the OP:
"You don't have to do anything, just update your profile once and grab the cash on a monthly basis!"

The only thing tho, they have the tendency to not respond for weeks so join at your own risk.
238  Economy / Services / Re: [OPEN] 🚀 Sportsbet.io 🚀 [Signature Campaign] 🚀 [Earn up to $100/week] on: July 10, 2018, 04:21:11 PM
Bitcointalk name: Fatanut
Rank: Legendary
Bitcoin Address: 1DwnaypfKYQ4nyq1GAmc1RZY63aRwaFAE8
Wear Appropriate Signature: Yes.
Wear Personal Text: Yes
Wear Avatar:  Yes

Been eye-ing this campaign for weeks! Hope to get accepted, thanks!
239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO]Hashkon! World's Ist Hosted Staking Platform with Withdrawal Trust on: July 10, 2018, 02:58:32 PM
Have I pass KYS for joining this platform now or later?

I think you are asking about KYC. As of now, its not needed but might need in the future.

The 2FA of your website is not working. I was about to join your campaign so I was trying out the website. I enabled 2FA, logged out, then logged in to check if it's working. Nope, not working. You can login even without entering 2FA even when your account has 2FA enabled. Another thing, what does this do?



After entering the 2FA, it gives that. AFAIK they are using that "enter 2FA code" so you can enable 2FA in your account since it confirms that you have the right Authentication keys but in your website, you can just toggle on/off the 2FA verification.
240  Bitcoin / Bitcoin Discussion / Re: Facebook reverses ban on cryptocurrency ads on: July 05, 2018, 04:51:37 PM
This is really big news for everyone in crypto world, facebook realized that cryptocurrency is good, they should only ban those advertisements that are scam, like fake ICO. Because those ICO will lead the people getting scam, specially there are many using facebook now.

Does facebook have the time to check the authenticity of an ICO? Something can appear to be all authentic in the start but then still be able to run away at the end. A lot of ICOs here are like that. They are paying at the start and then later on the "buyers/investors" are actually just themselves and are going to dump the coin once it goes to the exchange. I'm pretty sure if there's a surefire way to validate the authenticity of an ICO, this forum will be the first one to find out about that and one of the first one to implement it. So much fake ICOs are making the reputation of crpytocurrency bad. On the other hand, people can always use fake names/fake accounts and remain anonymous to the world. This is the Internet, people can stay anonymous.

I believe they dont have to ban the crypto currency. The solution is there must be a regulation in ICO. There must be a KYC. It will clean up the scams. Google and Faceboook, must hire scam detecting , philsting detecting people.

That means they should be able to hire someone who sees everything. Because there's no way they can filter out the legits from the non-legits unless they see everything. And even then, the plans of an ICO team to bail out/become a scam the moment they have finished their ICO can be discussed all offline.
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