This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!
Guy, like everyone else have rightly said, the only way to generate bitcoin is to mine one other ways are to either buy it or earn it through provision of services or trading aside that there is no way to generate bitcoin and in this case you are not engaging in any form of mining activities so the only language that pop up is telling you, is SCAM which I advise you stay away if you don't want to lose the little one you have. |
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It seems everyone on the thread are just coming for OP hard with only one person actually giving a little analysis as to why he thinks its not scam and earning from it. Aside that, every other person just do their job which is good at fighting and believing in whatever you are representing.
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Btctalk name: pearlmen
Rank: Full Member
Your Post Count: 431+1
BTC Address : 1D38yPkExwZg3FsE16w4u2orpbwCexbssd
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Lately, the vast majority of the ICO bounty campaign sucks and not worth your time to promote them. What I found are the following from my own experience: - Poor managed campaign without transparent communication and delay.
- Many will not even reach the minimum payout, and you will receive nothing for your effort.
- They accept too many people and when they count the stakes, you receive a little reward not worth the time.
- Too many bugs and slow access to bounty websites.
Some solutions should standardize the process of marketing the ICO. - Pay bounty participants in ETH or BTC even if the project fails with money protected before the bounty.
- All bounty campaign should migrate to web based solutions to simplify the stakes distribution.
- Limit the people on each campaign to give a good value of your time and energy.
My advice: Think twice before promoting an ICO, we are human and your valuable time should be spent on something worth it for the effort. Your findings is true as well as your recommendations however, the part of the recommendation you fail to mention is for one to be vigilant in joining any bounty campogn blindly. We have seen projects that have even paid *3 of its original proposal while some have been managed by reputable managers on the forum and they have delivered on their promises.. A campaign manager will state the details of the contract, you are not under compulsion to accept. |
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I have read several response on the issue of listing of SNC tokens and its availability to trade but it seems when any developer give us this, the attention shifts from the project to the price its being traded and the ANN thread becomes more of speculative purposes rather than being inquisitive about the progress made on the money gathered for the implementation of the project which brought everyone together in the first place.
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Other coins have their own advantage and they are the ones that makes trading possible because if not that, then there wont be need for all the exchange sites we have around and the crypto world will equally be boring. Imagine in the Fiat world, there is only one stock which means there wont be need for stock brokers as well as stock market itself in the first place. But the abundance of this makes all the above people or categories function.
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Lightning Network developer Rusty Russell has issued a damning report on Bitcoin scalability, adding that fees would only rise from now on.
In a blog post Monday about the need to increase Bitcoin’s capacity long term, Russell said that the solutions currently available all fall short.
“Bitcoin can’t scale to meet demand unless demand vanishes and it all fails,” he wrote.
“If Bitcoin is used by 100,000 people today, and we want everyone to use it, we need Bitcoin capacity to grow 75,000 times larger. Yet we’re already struggling with 140GB of storage caused by Bitcoin’s first eight years when it was mainly not being used[.]”
While the Bitcoin network is just one day from locking in SegWit, Russell says that even this would provide only temporary relief from high fees before user demand erases the benefits.
A further hard fork and Schnorr signatures, the latter touted by commentators in the past as a useful way out of scaling difficulties, would fail to deliver at “everyone-scale.”
“The only attempt to attach growth to a metric was Pieter Wuille’s 17.7 percent per year increase,” Russel continued.
“That takes 70 years to reach everyone-scale, so no relief there in my lifetime.”
Bitcoin fees were at their lowest for months just this week, at a recommended 100 satoshis per byte. At the same time Aug. 7, suspected ‘spam’ transactions began to inflate the size of Bitcoin’s mempool, which had also been smaller than usual.
from cointelegraph
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comments ?
From this, it seems the challenges is far from over and the victory is just creating opening for another battle which is what bitcoij has been about since inception. In all I am still optimistic that in as much that the believe people have in bitcoin is still waxing strong then this another challenge will be surmounted just like the previous ones have equally been. |
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Transiting from one point to the other has never been a problem for human beings because we have evolved at every point in time to the stage we are today. It might be slow, but what is sure is that we will get there. Also, the transition from Fiat to Digital is already on the way with the cashless policy several countries have put in place which if cash is totally erased, it then makes it easy to move to bitcoin since its also cashless but all this will happen in due time.
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Bitcoin is now known as the digital currency that keeps on growing fast and jumping by leaps and bounds. So far, the return for investment (ROI) with Bitcoin is very, very positive..that is compared to other investment vehicles like stocks, bonds, forex, derivatives, commodities, gold, oil, etc.
Now this is a very theoretical question: What if one day Bitcoin would crash and within days it would go back to its $500 level...would you still support Bitcoin and HODL it or would you decide that it is becoming worthless and also join the sell market?
I would be selecting the best answer for this question...so come on and enjoy punching the keyboard!
The only reason why this will happen is that if people starts losing faith in bitcoin and as at today, the faith is still strong. So, if peradventure it happens as you have predicted which I am it wont be new to those who have been in the space for quite a long time, they wont be bothered and as for me, I will join in their faith to still keep the faith high and still hold as this offers its opportunity as well. |
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Between now and future where this dream will come true if at all, there is a process and in that process, a lot of anomaly would have been addressed and part of that would include the issue of volatility and for those assuming that bitcoin will be adopted without addressing the issue of volatility are just jokers because it will not happen especially for merchants. Also, between now and that future it is expected that the population that would be involved in bitcoin would have been large enough to establish stability in which people coming in at that time would do little or no impact to price.
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Fiat can crash the moment you need more of it to buy what you would have needed less to buy for the same thing and unit sometime in the past. Most times the handlers of the country finance always termed such recession or depression, hyper inflation as the case maybe but it does not change the fact that the currency in question has crashed. What they do next is now start looking for ways to augment it by offering some forms of subsidies on essential commodities if there is no possibility of increasing the income of workers.
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Hoping Satoshi to come over is not reasonable since there is no real person "Satoshi" on the earth. It was probably a group of people who developed the blockchain and bitcoin infrastructure.
I will have to take a different view about the thought that Satoshi is a group of people because even on the forum, there is a username by that and have contributed immensely to discussions about bitcoin that even senior members of the forum have left some amount of feedback for him, so if its a group of person, does that mean several people are running the account or one person is the spokesperson of the group. Either way, I don't think he is her coming out that issues like hardfork happen and he didn't, then I doubt if anything else can bring him out. |
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The price spike could likely be due to a number of reasons combined. FOMO would be one major reason. There were people sitting on the sidelines unsure of jumping into the game because of the uncertainty surrounding the August 1 event. Now that they see there have been no negative outcome on price, they are diving in before they get left behind. Then there those who panic sold pre- August 1 who are now panic re-buying in.
There are several reasons to give to the increase we have witnessed in this past few days and still witnessing currently and every thing still sum up to the confidence that users and the community still have in bitcoin which is unwavering even in the advent of several challenges that is throwing up every now and then. But for me, I wont be too relaxed so also the entire community because there are still factors outside the crpto-world that might spring up and declare war in the coming days. |
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They told us coinbase users to move the funds prior to the fork. I did to electrum. If i move the coins back to coinbase will I have the equal amount of bitcoin cash still.
Not at all.You are too late.You should have transformed your bitcoins to any other exchange which supports BCC like bittrex.Now,you have no chance of getting free BCC.Don't worry much about that as you have not lost any potential coin and its only a shit altcoin.Its price is decreasing very fast and soon it may just disappear. No at all, he is not too late as you can still claim your BCC by following the advise on the forum the https://bitcointalk.org/index.php?topic=2059111.0 is the official release and since you are using electrum, then you are good to go but the difficulty is how you will be able to transfer it to the exchange site. From the look of things except something drastic that will push the price of BCC high, with the current trend I doubt if it will be able to hold the fort pending the time Coinbase will come on board. |
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Its obvious the side of the table OP belongs to and its his choice to hold that believe as well and its also good for you to continue to advise everyone concerning this. However, no matter how you try, those who will still put their money will still do same even on the forum not to talk of those outside the forum that may not have access to this information of yours. Either way the community and the population in crypto will decide which side is right in the long run.
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When you get to see things like this, then you should be worried and trace it because its a way to lure innocent victims into the game. I see that as a bubble waiting to burst and the market cap you see there, is most likely as a result of manipulation probably by the developers or one money bag who is ready to dump immediately it can take care of the amount of units he has. |
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hi, what will you do? If the bitcoin price is suddenly cheap
Suddenly cheap? Bitcoin does not suddenly get cheap its a trend that one needs to understand and in a case when it happens suddenly then one needs to be careful in buying at once. For me, I would not just go and buy, rather I would try to understand what actually went wrong then from there know whether to buy or wait longer to properly have a clue of what is going on. |
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It has been a long ride to where we are today and its obvious the future is brighter and clearer than where we have been coming from. However, the future might not come without its challenges because even me and every other person do not expect the $10000 mark crossed without some challenges I would be afraid if everything just go that trend without some fall backs and crashes along the way. So brace up people for the challenges ahead.
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Jack has fallen because he and others failed to heed to advise times without number that exchange sites are vulnerable not only to hackers but several interested parties even the owner himself is a threat to the site but they fail to take heed and move their funds out thinking exchange sites has turn to a bank where you can fixed deposit for eternity. The only consolation we can give them is for btc-e to live up to expectation and pay them back as promised. |
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This week news.Bitcoin.com spoke with Jack Kingston, a cryptocurrency trader from Melbourne, Australia, who lost $430,000 USD worth of bitcoins at the exchange BTC-e. Mr. Kingston was quite surprised when he tried to log in one day, and the exchange was “under maintenance.” However, the Australian trader was even more astonished to find out the U.S. government painted all of the platform’s users as criminals and took his money.https://news.bitcoin.com/australian-trader-loses-430k-at-btc-e-nothing-illegal-tied-to-my-funds/ Unfortunately, Mr Jack cannot do anything about the branding rather can he get his money back unless the management of BTC-e keep to their promise of refunding those whose money was trapped or stolen as the case maybe. Although I feel for Mr Jack but he wouldn't have been in this situation if he had learn from the past never to keep all his funds on an exchange sites because of the vulnerability they are exposed to from hackers and government. |
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