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281  Economy / Exchanges / Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE] on: February 15, 2015, 07:17:39 PM
Bter?Huh The same who had 50M NXT stolen and contacted NXT devs to do a rollback? And the same from BitBay, which is just a pump and dump scheme?
http://cointelegraph.com/news/113238/chat-logs-allegedly-show-bter-creating-and-pumping-its-own-coin

Why do people still trust in this shitty exchange?

I think because with these exchanges you can easily convert your altcoin to bitcoin and viceversa. The real purpose of an exchange is not to "keep" your coin for a long time (also 1-2 days are long "time") but it is to exchange your coin and after withdraw it.

An exchange is not a bank, I hope now a lot of users will start to think about this fact.

Anyway (if i's just to exchange bitcoins for altcoins), at least the people could use an exchange that suck less.
282  Economy / Exchanges / Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE] on: February 15, 2015, 06:16:55 PM
Bter?Huh The same who had 50M NXT stolen and contacted NXT devs to do a rollback? And the same from BitBay, which is just a pump and dump scheme?
http://cointelegraph.com/news/113238/chat-logs-allegedly-show-bter-creating-and-pumping-its-own-coin

Why do people still trust in this shitty exchange?
283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 14, 2015, 07:54:18 PM
will xmr ever hit 1 dollar per coin?

1 Monero is now 2 dollars...  Grin

https://www.coingecko.com/en/price_charts/monero/hkd
284  Economy / Speculation / Re: 1 Bitcoin is 1 Bitcoin no matter what the price ... on: February 14, 2015, 03:40:23 AM
The OP got it right. Value =! price.

1 bannana wont't be 1 banana after 2 weeks.

But 1 BTC will remain 1 BTC after 2 weeks, 1 USD will remain 1 USD, 1 EUR will remain 1 EUR and 1 oz of gold will remain as 1 oz of gold.

Price is just a quantitative expression. The price of 1 BTC, or 1 USD, or 1 oz of gold or any other currency can change. But their value still remains.

In contrast, 1 green banana can have the same price of 1 mature banana, but do they hold the same value?
285  Local / Mineração em Geral / Re: Pool disponiveis Para Mineração on: February 13, 2015, 11:23:33 PM
400 Kh/s não são absolutamente nada diante dos 318,224,262 Gh/s de toda a rede Bitcoin. Eu não sei exatamente que modelo de minerador você está vendo aí, mas dessa forma você não vai ganhar nem 1 satoshi, seja com mineração em piscina ou mineração solo.

Isso são equipamentos profissionais, projetados para você operar com uma série deles (tanto é que geralmente vendem em pacotes contendo vários deles, embora também façam venda de unidades avulsas). Fora que não são só os mineradores, mas também dependendo do caso você vai acabar precisando de vários acessórios e afins, como cabos, fontes de alimentação, instalações elétricas adequadas, espaço físico, etc. Além disso tem que contar custos de importação, frete e gastos com energia elétrica.

Em resumo, a mineração de Bitcoin é algo de nível profissional, que requer bastante experiência com o mundo das criptomoedas. Mineração doméstica ou amadora para Bitcoin já era.
286  Bitcoin / Bitcoin Discussion / Re: Bitcoin Debit Card on: February 13, 2015, 10:11:58 PM

Pros - you have ability to pay pretty much everywhere with the funds not tied to your current bank account. Can be a lifesaver if something goes wrong with your bank account. Also your bank doesn't see your every purchase.

The bank doesn't, but Xapo and the procesor (Visa, Mastercard) sees.

Cons - Fees. Trust, you have to deposit your bitcoins with the 3rd party.

You need to trust in the merchant won't try to clone or steal your debit card data.
287  Local / Mineração em Geral / Re: Pool disponiveis Para Mineração on: February 13, 2015, 09:38:14 PM
Quando eu estou falando de ASICs, na verdade eu estou falando disto aqui: http://en.wikipedia.org/wiki/Application-specific_integrated_circuit

E esse negócio de mineração em nuvem (em sua maioria) são apenas esquemas de pirâmide: https://bitcointalk.org/index.php?topic=878387.0
288  Local / Mineração em Geral / Re: Pool disponiveis Para Mineração on: February 13, 2015, 08:50:17 PM
Esqueça, mineração de Bitcoin com CPU hoje em dia é perda de tempo (e dinheiro). Só com ASICs é que dá para ganhar alguma coisa.
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT] Happy Birthday Mintcoin!! 2015 Roadmap + New Podcast on: February 13, 2015, 07:48:34 PM
Another spike on volume... 14 satoshi now, with a 20 satoshi peak earlier.
https://www.cryptsy.com/markets/view/MINT_BTC
http://coinmarketcap.com/currencies/mintcoin/#markets
290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Big Gay Black Dick | Official Launch in June | on: February 13, 2015, 04:45:40 AM
Quote
UniCash will be the only cryptocurrency with an official peg of $3.50 per coin
Of course, like all cryptocurrencies, UniCash will be traded on exchanges. Luckily, all UniCash will be parked between $3.40 an $4.10 so even the daytraders can take advantage of UniCash. We are working with Nubits to deliver such a product.

Can you explain in more details how this works?

Edit: WTF, what's happening?
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 12, 2015, 07:03:03 AM

You may want to try Monero Client .NET with a remote daemon Wink

Guide: https://bitcointalk.org/index.php?topic=683365.msg10418211#msg10418211

Thanks, I'll try it later.
292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 12, 2015, 04:27:19 AM
Welp, I'm using a test branch of whats known as the database build, which is technically still under development but has been running stable for me (and a bunch of other testers) for almost a month or so now.

I would suggest that if you wanted to run it, then there are ways to do it, but then I saw that you're in windows..... compiling in windows has not been easy for me (I didn't know how to do ANY of this in october when I discovered monero, so some things I still can't figure out).

Someone did manage to compile it in windows - I don't know if they posted it.

At this point, if you're stuck with using windows, I would highly suggest you investigate Ubuntu (rather than try and compile in windows). I used to think Linux was this big scary beast of a thing, what with the terminal, but now I prefer booting into Ubuntu. The Ubuntu release of linux is essentially like windows - fairly intuitive GUI. You can play with the terminal if you want to (say, if you're using monero!), but for other purposes you can use GUI.

I use Linux too (Arch), but in a very old computer which sometimes refuses to turn on. Anyway, it's 32 bits (Monero at least doesn't have a 32-bit binary version) and trying to compile myself is not something I would like to do (specially when there isn't a PKGBUILD). Also, its hard disk is very small (40 GB).


I'm debating offering a service where I make Live USB drives for people with monero database build daemons installed on them. Lemme know if you're interested... i'm sure I can source a cheap 6 gig stick and put ubuntu and bitmonerod on it.

Alternatively, I just highly suggest you install ubuntu as a secondary operating system. That way, you can choose to boot into it on your PC - this, in a way, makes your cryptocurrency more secure. While your doing whatever it is you need to do in windows, do you really need access to your savings account?

The another computer I have here is a notebook (this is what I'm using right now) which doesn't work well with Linux (problems with video drivers and overheating).

Also, I recommend using www.mymonero.com as your checking account (easy access, easy to transfer monero). If you want your own private store, then go the ubuntu route.  

Yeah, I know about this service and it works fine.

The alternative is to just wait until the GUI release.

And SPV wallet would be good too (specially if you want to go to mobile OS).
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 12, 2015, 03:06:23 AM
People, forget Darkcoin. I think this comparision is turning very annoying.

Monero has to care about more its own issues, like GUI wallet, SPV wallet (in my experience, it's impossible to run bitmonerod because it eats a lot of CPU and more than 2 GB of RAM), eventual CryptoNote issues, media attention, etc.

Wasting time with comparision against Darkcoin won't make Monero a success. No doubt Monero is one of the best coins launched in 2014. But fighting with Darkcoin right now is a bad idea, it will just expose Monero's currently weakness. What makes Monero a great is not comparisions, but its technology about privacy and its talented developers.

except that I'm running bitmonerod with 98 megs of RAM



I don't think anyone mentioned we should fight with Darkcoin. I just think we end up explaining the differences betwixt the coins.



Just trying to syncronize...

294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: February 12, 2015, 02:18:06 AM
People, forget Darkcoin. I think this comparision is turning very annoying.

Monero has to care about more its own issues, like GUI wallet, SPV wallet (in my experience, it's impossible to run bitmonerod because it eats a lot of CPU and more than 2 GB of RAM), eventual CryptoNote issues, media attention, etc.

Wasting time with comparision against Darkcoin won't make Monero a success. No doubt Monero is one of the best coins launched in 2014. But fighting with Darkcoin right now is a bad idea, it will just expose Monero's currently weakness. What makes Monero a great is not comparisions, but its technology about privacy and its talented developers.
295  Economy / Economics / Re: How will a Greek exit from the Euro affect BTC? on: February 11, 2015, 11:13:12 PM

With the exception of Argentina, Venezuela, Brazil, Iran, Pakistan, etc.currency controls doesn't bring any benefit to Bitcoin.

Anyway, Bitcoin is still experimental and probably most Greeks don't anything about that. Of course, it still remains as a great option in case of a bank run.

Fixed

Brazil doesn't have currency controls.

Venezuela, Iran or Pakistan hold more potential regarding this. But none of these countries has the same level of adoption or knowledge about Bitcoin reached by Argentina, so until this moment, currency controls didn't increase significatively the adoption of Bitcoin.
296  Economy / Economics / Re: How will a Greek exit from the Euro affect BTC? on: February 11, 2015, 05:22:11 AM
Greece's government could leave the €, but the Greeks will not abandon their €.
In fact, many of the just moved their € from Greece's banks to germany's banks, to avoid any risk of bank's holidays and forced conversion to new drachmas.

If the Government just default on the debt or leave the €, it will need to pay every imports, good and service in € or $ or gold. In full and upfront.
The worst thing can happen to a government is just being forced to pay upfront and in cash for its spending and with someone else money.
They would be forced to tax as much as they like to spend. And, usually, this lead to peasants with pitchforks showing under the walls of the governments offices.
They would be forced to balance their budget.  Ohhh the horror!!!! The HORROR!!!!

The default on the debt would cause an increase on the government debts of other countries. This is because they can not afford Greece to default, because this would cause a chain reaction of insolvency.
Italy, my country, is just on the brink of the default. 600+€ per capita added to the government debt will not help a lot. It would push the debt/gdp ratio near 140% in a moment.
Other smaller countries would be in similar situations. Their debt/GDP could be better, but their economy could not endure the increase of interest rate or just be unable to pay more.
Even Germany, their bank sector is vulnerable to defaults, because their banks are overextended (often a lot more than Italy's).

The QE is needed to backstop all of this injecting enough liquidity to prevent the other countries and their banks from popping like Christmas lights after the Greek government default.

What will happen is a large increase of currency controls. And this will benefit Bitcoin adoption.


With the exception of Argentina, currency controls doesn't bring any benefit to Bitcoin.

Anyway, Bitcoin is still experimental and probably most Greeks don't anything about that. Of course, it still remains as a great option in case of a bank run.
297  Economy / Service Discussion / Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :) on: February 11, 2015, 02:01:04 AM
“The acceptance of PayCoin by GoUrl is huge,” said Josh Garza, CEO of PayCoin and BTC.

Wow, looks like Bitcoin appointed a new CEO recently Roll Eyes

Bussiness Technology for Cryptocurrency... These marketing people are evil.
298  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine on: February 11, 2015, 01:39:53 AM
The idea behind this coin is fantastic, specially when people are fighting because of the size of the blocks in Bitcoin. It's a shame that this coin gets less attention than a lot of coins with zero innovation.

BTW, others are trying to avoid the blockchain bloat: https://bitcointalk.org/index.php?topic=949880.0
299  Bitcoin / Bitcoin Discussion / Re: Bitcoin's failure to scale will show the failure of decentralized systems! on: February 10, 2015, 10:45:20 PM
Bitcoin is still qualified as experimental. Going to mainstream right now would be dangerous.
https://bitcointalk.org/index.php?topic=921669.0

You can't expect to people to use bitcoin without understading how it works. A lot of people already do this, and see what happens. A common mistake is leaving the bitcoins on exchanges or in other services where you don't own the private keys. Another situation which clealy shows Bitcoin still can't go to mainstream you can found in this thread: https://bitcointalk.org/index.php?topic=931351.0 (the issue here is not about the MultiBit bug, but about OP doesn't understanding about software licenses).
300  Bitcoin / Bitcoin Discussion / Re: Why people think cheap of those who say they want to get rich from bitcoin! on: February 10, 2015, 03:59:47 AM
I don't have a moral objection to people "investing" in bitcoins, but it is not beneficial to Bitcoin. Ultimately, using (or destroying) bitcoins is the only action that increases their value.

Bitcoins only have measurable value when they are used. Bitcoins that are held have potential value, but no actual value. People that hold bitcoins rely on the people that use bitcoins to give their bitcoins value. If everyone held their bitcoins and never used them, then bitcoins would be worthless because they have no use.

People that say "I will never spend my bitcoins!" are lying. If they really intended to never spend their bitcoins, they would destroy them. People "investing" in bitcoins cause the price to rise only temporarily. The fall in the price of bitcoin has been a result of people that bought bitcoins as an investment now cashing in their investment. The price of bitcoin will continue to fall until the level of usage rises to support it, or until another bubble forms.

If you want to invest in bitcoins and also contribute to the increase in their value, then I suggest you do the following:

Use your bitcoins,
and then buy more.



This is a perfect sugestion. Instead of worrying about spending your bitcoins, you just should spend how much you can, and after spending, just go to an exchange and re-buy the bitcoins that you spent. In this way, you are helping to avoid the price goes down, because you are hodling and neutralizing the movement of merchants exchanging the bitcoins for fiat immediately.

People won't gain money with Bitcoin if they don't use bitcoins as money. Those 10000 bitcoins used to buy two pizzas in 2010 wouldn't be the equivalent of 1770 oz of gold today without using bitcoins as money.
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