If you want to get scammed very fast go for ICO and alternative cryptocurrencies education hassle, if you want to play smart and grab an extraordinary opportunity then just sell everything you've got in your life and buy bitcoins with all of it.
6 months from now you will say thanks to me.
it's easily possible to do good with ico actually, when you buy at the entry price, it's very hard to be dumped right away when it hit the exchange after the coin hit the exchange there is in most case a small pump of 2x, just dump your coin there and take your profit alternative crypto is currently the only way to acquire(without buying) a big amount of bitcoins with low risk, hyip and cloud mining are instead a giant scam |
|
|
|
its much more worth to make money with $$ or euros .. since my currency is so low .. average monthly salary here is less than 500$
how do i move it ?
500 is enough for one person to live a decent life if your expenditure are not killig that income, if you are in desperate need of money and you can't find a job, there are signature campaign a good signature campaign is currently paying around $100+ per month, it can help you a little, but a higher rank is required, and something is telling me that you have a high ranked account joined somewhere... |
|
|
|
I do not understand why you ask questions like that, you should be researched more about Bitcoin. Currently, the world does not have any online banking, you can not save in banks Bitcoin. There are plenty of places for you to send money to and receive profits, however, all of them are HYIP and PONZI,they are created to scam. I advise you not to participate in it, because you could lose all the money you invested in it. Don't participate!
there is a way to do it and make it look like you are savign and earning interest, and it work good for short term it is called loan with bitcoin you can earn very good interest on any deposit by lending your coins, i see it as a form of saving, just be sure that he/she have collateral.... |
|
|
|
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin may become too expensive I understand that this is highly debatable but still. If Bitcoin costs, say, 10k dollars per coin (let's remain realists here, more or less), people may not be very inclined to buy it. After the hike always comes the plunge, but in the latter case, the price going down will not cause enough interest to go up again (as it happens today). So, after attracting max interest at the top, the hype and hysteria will subside, and Bitcoin may start going down the hill i can't see how this is making sense, let's say a random stranger is buying today 1 btc at $1000 because he can afford that amount now with bitcoin at $10k he would simply buy 1/10, which is 0.1 and spending the same amount, bitcoin is divisible for a reason... |
|
|
|
lbry i still believe in the pump, it can't be that investors bought all the way down without reason
i mined zcoin when it shifted to the new fork for changing the algo and it was good for the first 3 hours or so, very profitable now on par with the others
What client / settings do you recommend for lbry? you mean miner? i'm using the ccminer 1.8.4 |
|
|
|
sp mod or nicehash can do 1000+ with a 1070 or 4500MH with 750watt
Thanks for the heads up. I test mined with 1 rig for 12 hours and found that zec was more profitable and had switched back to zec. Assuming your numbers are correct ( you always seem to know when it comes to 1070s ) pasc and zec should be very close in profitability. Which are you currently mining? lbry i still believe in the pump, it can't be that investors bought all the way down without reason i mined zcoin when it shifted to the new fork for changing the algo and it was good for the first 3 hours or so, very profitable now on par with the others |
|
|
|
hi guys, i just wonder why no one talk about internet cost? i mean if i allocate 1tb hd to mining then i will download 1tb of data right? it will be so expensive if compare it with electricity or hdd price ... or i miss something here?
internet is basically at fixed rate per month, doesn't matter how much you download |
|
|
|
Bitfury.
Somehow this does feel like 'decentralized' to me.
Yeah they might have something up their sleeves and we can't tell from a distance. We need to fight against centralization and companies who want to have that veto power over the Bitcoin network. If bitfury is indeed up to something fishy then we all need to fight against it. And how do you do that without a fork and huge instability? only a big competitors would work, miners can't even agree o a soft fork let alone an hard fork we need of adventurers that take the risk and join the party with huge capital, some of those rich guy can match those huge chinese miners company, and build their huge farm in the usa or wherever there is cheap electricity |
|
|
|
|
how they are going to prevent monero to be used, you don't need to sell soem altcoin, you can use them in the deep web and who receive will sell in his country, they cannot regulate this in any way
they can only regulate exchange not altcoin directly, it will be fun when decentralized exchange maybe built in wallet will be all over the place....
|
|
|
|
Is This Real ? BTC Illegal in Russia ?
no it's not banned or either illegal, they are still deciding how to identify it i know that for the time being it's illegal in bangladesh and thailand, and they arrested some miners in venezuela, you can take a look here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country |
|
|
|
in my opinion
i think that the difference not only at the digital funds and physic money
cause real money will never ever and ever change the number of amounts like example 1 $ it still counting as 1 $ its different with bitcoin which usually change according by the time as u see in every time there might a change of the price for 1 bitcoin
and another of that real money already accept by the local people it might the local people whose dont know about bitcoin will not accept as the trading things
thank you
this doesn't make sense, 1 btc is always 1 btc, it's priced in usd to have a reference and to trade it, bitcoin is fungible, you can argue that it isn't because there are confiscated coins which may have a lower value on the market there isn't such thing as "real money" everything that can be exchange for something else has a value, and it's value it decided by us if decentralized |
|
|
|
you are comparing a finished tool against a non-finished one, bitcoin still don' scale properly, when they activate segwit or hard fork to 2mb or whatever they want to do to address the scalability bitcoin will have proper fee
if you compare it to fiat and the time they need you can actually pay 10k satoshi and be very lucky that it will confirm in one dday, like sepa(actually sepa can take 3 days some time...) so 0.1 cent against free not a big deal for me
Oh, yes. This topic is just a wake-up call. I understand BTC's still in the works, but the scalability problem is taking way too long to fix, and segwit doesn't seem to be going anywhere. Rate of adoption has stalled, so I don't know what's next but ever rising fees do not look like a smart solution. Something better must be done. the problem with bitcoin is that everyone need to agree, you can't dictate alone, if you think about it's not so different than a council in the politic and any government out there, so much about decentralization... Really? Bank transfers are free and unlimited in Europe? Is it only on a specified country or it is in the whole Europe? This is my first time hearing it. But for me, it is much better to invest your money rather than to put it in banks. There are lots of things to consider such as inflation rate and withholding taxes because instead of gains, you will have loss if you put your money in the banks.
i use deutesche bank and it is free on everything not only for sepa, but deposit, withdrawals, atm etc... |
|
|
|
Cpu mining?
An i7-6700k does 0.85 Mh/s and the difficulty is 2088. That comes down to 0.32 coins per day if I'm not mistaken.
It's awful to mine even with GPUs.
In fact, that is great news, as it means the coin is undervalued, and the price should jump up soon. If mining were cheap, miners would just dump on the market. While at the current situation, miners will not sell cheap, this is to the benefit of all us  there is something called fixed supply, it doesn't matter how many miners there are the same amount of coin will be produced, therefore unless you are talking about hype, the coin will not get any pump Nope, I am not talking about hype. The thing is - to produce that same "fixed supply", now more electricity is being spent. So this makes the coin more expensive for all of the miners. Hence this should reflect on the coin price. Or, alternatively, the hashrate will drop soon, and diff will go down. This is actually very likely scenario. But if it doesn't happen, price will jump. it's the other way around, the price don't follow the diff, it's the opposite the diff follow the price |
|
|
|
With the nanopool version of sgminer-5.5.0 running on ubuntu 16.04, I get: ~3000 MH/s with a 6x 1070 rig using ~720 watts ~1500 MH/s with a 6x 1050 ti SC rig using ~ 345 watts very stable. nanopool build guide is bad however. I had to git clone the standard version of sgminer; then git submodule init git submodule update within that version, then copy the files in its submodule directory to the nanopool versions submodule directory. after doing that you can run the commands: autoreconf -i CFLAGS="-O2 -Wall -march=native -std=gnu99" make from a terminal with its cd set to your nanopool directory and it should work. (you may need dependencies which are correct on the nanopool guide) sp mod or nicehash can do 1000+ with a 1070 or 4500MH with 750watt |
|
|
|
still no block explorer?
Block explorer is built in the wallet yeah it was a typo i'm a bit tired, i mean there is no exchange no not block explorer..., we should begin to do trading about this coin to build the market, if there is not an exchange for the time being a thread on the market should work |
|
|
|
Cpu mining?
An i7-6700k does 0.85 Mh/s and the difficulty is 2088. That comes down to 0.32 coins per day if I'm not mistaken.
It's awful to mine even with GPUs.
In fact, that is great news, as it means the coin is undervalued, and the price should jump up soon. If mining were cheap, miners would just dump on the market. While at the current situation, miners will not sell cheap, this is to the benefit of all us there is something called fixed supply, it doesn't matter how many miners there are the same amount of coin will be produced, therefore unless you are talking about hype, the coin will not get any pump |
|
|
|
|
it was good for the first few hours now it's on par with other alt
|
|
|
|
|
something wrong both big pool have not found any block, so who found the 3 block from 20500?
|
|
|
|
|
the very first scam indicators for me is the unusual big deposit required and sthe shady website, you can tell it easily
also another big one is the promise of an huge returnment which is 100% impossible in any case
but beaware scammers are ebcoming mroe intelligent, i see new hyp promising low return and scamming you after many months, when you start to deposit big amount, they first build the trust with you and then they scam you in the end
|
|
|
|
|
Show Posts
