Hi. Two questions:
1) Is there any leveling requirements table?
2) What are the rules of using faucet? I mean, how often are you allowed to claim (times/24h)? I really like this feature, but definitely don't want to be accused of exploit etc.
1. no table for that. you can claim 200 satoshi in faucet if your togal wager is <1BTC and it will gradually increase as your total wager increases 2. dont abuse the faucet by claiming it and tipping it to your alt account, you can claim it every 5mins Thanks  |
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Hi. Two questions:
1) Is there any leveling requirements table?
2) What are the rules of using faucet? I mean, how often are you allowed to claim (times/24h)? I really like this feature, but definitely don't want to be accused of exploit etc.
You faucet will increase after 1 BTC wagered. I don't think there is any table for that. And faucet is to test sites not claim all day long, You should risk your own money if you want to gamble and claim winnings. Faucet could be possible to claim even once a month, it's a site owners right to do what they want, but I'd like to have rules stated somewhere, no matter what they are. As they do not want to do it, I am asking here. For example if "all day long" means 3 or 30 times a day. |
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Hi. Two questions:
1) Is there any leveling requirements table?
2) What are the rules of using faucet? I mean, how often are you allowed to claim (times/24h)? I really like this feature, but definitely don't want to be accused of exploit etc.
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When you buy Bitcoins you can close your position with few clicks and get your funds back instantly. When mining you are attached to your gear, that you have to find a buyer for.
When I had a scrypt miner over one year ago I've been refraining from buying coins, because mining seemed more entertainable for me and thought it brings more opportunities.
Unless you have very cheap electricity I'd suggest to buy coins instead of mining. Especially if you are not selling them to get profit now, but holding.
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USA supporting rebels fighting with Assad remains situation in Afghanistan in 1980's. In both cases it led to the creation of extremist group (ISIS now in Syria, Al-Qaeda 30 years ago in Afghanistan). Scenarios are worryingly similar.
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The only solution to resolve chinese participation in hashrate problem is to pay chinese government adequate bribe to ban BTC in China  But seriously, they made profit from the main quality of Bitcoin - freedom. If chinese could find any opportunities in new forks, they wouldn't hesistate to take a chance once more. Of course conditions for miners differs a lot between e.g. EU and China, but that is not their fault. We don't need bribes or any sort of additional incentive beside bitcoin itself. We need to make bitcoin great option for investing, good for mining, strong economy. All we need to gather everyone around new fork is strong BTC, when bitcoin price will rise people will flock like crazy. If bitcoin is good coin to mine for you or me, for Chinese it is even better. The problem is that hashing power distribution plays major role in bitcoin network functioning. If it would be more related to the transactions (that are occuring world wide) it'd be far better for BTC (decentralization). |
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Buy altcoins cheaply and sell with some profit.
Altcoin is a risky thing to trade. If you want better get some mining altcoin it is far more better than do altcoin trading but if you are smart in analyzing the coin I think it is quite profitable. but yes you are right, mining altcoin also quite profitable It is quite profitable mining altcoin but how smart you are in analyzing you can lose it too because all of this prediction is just some speculation that can't lead you in profitable or losing, this is only for minimalize your loss nothing more at least if you are smart in analyzing the coin you will not always lose. I do not say this will always be profitable. In trading or business nothing is always profitable but you can grow and create more good chances for future profit of course but so far I have always profitable, so I say that. at least I can make some profit in trading <OT> All informations presented above could be concluded in one sentence. Good job </OT> |
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The only solution to resolve chinese participation in hashrate problem is to pay chinese government adequate bribe to ban BTC in China But seriously, they made profit from the main quality of Bitcoin - freedom. If chinese could find any opportunities in new forks, they wouldn't hesistate to take a chance once more. Of course conditions for miners differs a lot between e.g. EU and China, but that is not their fault. |
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I am far too lazy to read all of these retardified posts here--did anyone mention scamming? That seems to be very popular around these parts.
But scamming is not working for all and trading is working for all and it most good and safe way to grow your bitcoins False. Trading is not a safe way to grow anything and is in fact very risky, much like gambling. I was being sarcastic about the scamming, apparently you missed that, but I was dead serious about the retardified posts and you reinforced that. Thank you so much. You are wrong, trading is a good thing when you can read and analyze graphic and do some research, although it is risky but you can minimalize your loss and you also can get some profit through it, some people says that around 50-50% or 60-40% You signature-campaigning scuntozoid, learn the difference between the words "safe" and "good". I didn't say trading couldn't be profitable or that it's not a good thing and don't throw that 'go do some research' crap at me, my whole point is that trading is not 'safe'. It is very risky and most people lose money when they trade. Did you realize there are two sides to every trade?Good point. There are always casualities in this game - the only winner is exchange owner. Of course you can also lose on other types of investments, but usually both sides benefits from the deal. For example, when you lend some money to somebody there is a risk, that he/she will not repay loan, but default assumption is that you both have profits from this. |
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The problem is with vendors/sites that force you to wait for multiple confirmations -- the worst are ones that still make you wait for 6 confirmations. I could see it if we were still in 2010... but zero confirmation transactions should be the norm. See: Bitpay.
I've seen it on luckyb.it for the first time. Is there any practical reason for requiring confirmations? |
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by posting and investing bitcoin..!!!
Would you mind to share where do you invest your bitcoins? The safest way to earn bitcoin with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the asset immediately at a certain price. If this does not hold, then we are talking of speculation - and it is closer to gambling imo. Yes it is the safest way to earn big profit but it really take time when arbitrage time will happen. And its just as same as mining altcoin, you need have to stack all your bitcoin then predict the right time to sell it. Although it is a bit risky but arbitrage is a better way than mining Considering that BTC transfers are not instant it also brings some risk (of course it doesn't mean that it's not safest way). its instant , its only depend on your internet connection, If you live in country that have a fastest internet its instant, and if you live in philippines i think its slow and takes a few minutes. So bitcoin transfer from one exchange to another doesn't require at least three confirmations? |
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nice post.
right now the challenge Is crossing the chasm to where early adopters will start using it, not just innovators.
People give way too much value to their hard earned BTC's to spend on frivolities. It's not the same having 3 BTC for example, than having 10000. If you have 3 BTC you give it way more value than it's inmediate equivalent in fiat, and you would rather use fiat than BTC to buy stuff. On the one hand it makes sense, on the other people have more tendency to gamble with bitcoin lightly. So IMO the general feeleing is that Bitcoin is an innovation that brings great opportunities, but it is still "electronic money from internet", a technical curiosity. |
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In case of that kind of stories I always wonder why federals needed to make an inside job to close first silkroad, instead of using some hidden feature of bitcoin protocol ;]
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by posting and investing bitcoin..!!!
Would you mind to share where do you invest your bitcoins? The safest way to earn bitcoin with trading is through arbitrage. In short, this means that you see an opportunity to buy an asset in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the asset immediately at a certain price. If this does not hold, then we are talking of speculation - and it is closer to gambling imo. Yes it is the safest way to earn big profit but it really take time when arbitrage time will happen. And its just as same as mining altcoin, you need have to stack all your bitcoin then predict the right time to sell it. Although it is a bit risky but arbitrage is a better way than mining Considering that BTC transfers are not instant it also brings some risk (of course it doesn't mean that it's not safest way). |
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Martingale does not work in the long-run. No matter what initial capital you have and what bet size you set, to double your initial capital you always have to play such amount of games that your chance for loosing everything = 1. example: 50% chances for win/loose You decide to bet 5 satoshi and you have capital that lets you loose 20x in a row (5242560 satoshi) Statisticaly you will loose every 1048576 games and you have to play 1048512 games to double your initial capital. My record was loosing 21 times in a row, that is nothing special when you play hundreds thounsands games  |
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Zimbabwe is so poor, their official alt coin is divisible by 1 million decimal places.
you are joking, but i think that zinbabwe could actually benefit from any altcoin, they could start pumping some of those death coins, and take more profit than their toilet paper are they technological advanced enough, because it is strange that they are not interested in crypto currency, any poor state should turn its attentionto bitcoin or atlcoin at least Even if it could be smart solution per se, especially as a base of monetary system, there is a serious problem: what distribution among the citizens would look like? Even if everyone gets public keys printed on paper, they will need a possibility of quick verification at any time. |
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TEK - 500% PoS coin launched almost 2 years ago. Despite such long time and high coin emission, it looks like the price is steady growing now. Developers and community are still active and recent version of the wallet has been released in Nov 2014. https://bitcointalk.org/index.php?topic=320404 |
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Price fluctuations of Bitcoin attracts people that are looking for opportunity to earn some money. Most of them will realise, that besides investment asset, it has huge potential as a tender. So BTC is in its early age as it is still vulnerable to speculations, but it is not as bad when coin is only 6 years old.
What only worries me, is previously mentioned time delay between sending coins and receiving confirmation. In brick and mortar stores it could be a problem. On the other hand BTC is a great solution for all types of on-line payments (especially fast and micro buys such as music, games DLCs, newspaper access and many more). On that field Bitcoin has many advantages over bank transfers and I am sure it will succeed.
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First person that will make such decision is gonna take responsibility way higher than any other war criminal in history.
I am not sure about that. The Americans nuked Nagasaki and Hiroshima in 1945, when Japan was preparing to surrender. The Americans would have won the war, even without the nuclear strike. But still, they nuked Japan. Not once, but twice. A total of some 300,000 got killed as a result of the strikes, and millions more were left injured. That was specific situation for several reasons: -Japan had already lost that conflict (as you mentioned): there was no military purpose requiring such action -there was no threat of response -there was only one nuclear test in history performed before (I suppose that USA considered this as an additional scientific data source) I said that in terms of response or even chain reaction - attacked country would no longer refrain from same kind of reaction and likely claim that it's justified. But this incident was quickly forgotten. IMO, right now less than 1% of the world population even know the fact that the Americans nuked Japan in 1945.
I guess that there is no such fact mentioned in US history school books :/ |
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abolutely worth, it, notice how the price is slowly climbing again
If you rely only on price movements, better idea is to buy BTC directly. Setting up efficient miner brings some problems to solve, like proper place to manage heat, deliver enough electricity etc. Even if there would be an epic crash on the market, there is much easier to sell BTC than mining gear. |
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