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2841  Other / Beginners & Help / Re: Yet another IT guy clueless about the Coin... on: December 12, 2013, 12:19:45 AM

What percentage of the population, do you guys think, has a basic, functional view of BtC and how it works? 2%? Maybe less?


About one million I estimate

1,000,000 / 7,000,000,000 = 0.014 %  Smiley

Seems about right. I would say something more like 5 million, but its closer that 140,000,000.
2842  Other / Beginners & Help / Re: I just bought my first Bitcoins? Experiences? on: December 12, 2013, 12:17:37 AM
Coinbase flagged me as a risk twice, but luckily the price dropped before I bought the third time (~100).
2843  Other / Beginners & Help / Re: Thoughts on Hashcow on: December 12, 2013, 12:16:51 AM
Its great that you are earning double, but all pools should be more or less the same.
2844  Other / Beginners & Help / Re: Multibit on an offline computer on: December 12, 2013, 12:15:54 AM
You could just create a paper wallet. Its the same thing but its not at all in any kind of tech. A piece of paper cant fail like a hard drive.
2845  Other / Beginners & Help / Re: Everyone doing cryptocoins should be using Linux as OS on: December 12, 2013, 12:15:04 AM
Not only that, but sometimes people hide hacks in new alt coins. Linux can save you from that (most of the time).
2846  Other / Beginners & Help / Re: Wallet Backups on: December 12, 2013, 12:14:01 AM
Thanks so each transaction could use up 2-3 keys and your backup only gets old after 100 keys are used cool got it, but U would think they'd have a counter at bottom of client window telling you how many keys have been generated.

Ya, this would be a great feature. Why dont you suggest it to bitcoin.org.
2847  Other / Beginners & Help / Re: Bitcoin Difficulty Estimations on: December 12, 2013, 12:13:07 AM
Is there any site that has somewhat reliable predictions for the next 10 difficulty increases?
What kind of machines are responsible for the majority of the network hashrate, and at what difficulty will they become unprofitable due to power costs?

Would this work? http://bitcoinwisdom.com/bitcoin/difficulty
2848  Other / Beginners & Help / Re: New Litecoin faucet on: December 12, 2013, 12:12:34 AM
This thread is pointless. Its a ref link, and you dont own it.
2849  Other / Beginners & Help / Re: Phoenix Technologies/Bitcoinminingcenter.com Scam on: December 12, 2013, 12:11:36 AM
Bought x4 basically btc was low at the time would made some good money. Oh well shit happens but cant post on other post so posting here, pretty much accepted I got scammed but of course im willing to go after it if its worth it.

- snip -

I would say 28k is worth it.
2850  Other / Beginners & Help / Re: OMG OMG 51% attack?!?! 88.208.1.24 on: December 12, 2013, 12:08:32 AM
Malwarebytes just stopped my computer communicating with this IP....

IP-BLOCK   88.208.1.24 (Type: outgoing, Port: 51385, Process: javaw.exe)

What does this mean?

OOOOO they might be using your computer for processing power... Kill it!
2851  Other / Beginners & Help / Re: OMG OMG 51% attack?!?! 88.208.1.24 on: December 12, 2013, 12:07:48 AM
Are they still mining Bitcoins fast?

Yes and no. Yes, they should be making a ton of btc, but no not enough for a 51% attack.
2852  Other / Beginners & Help / Re: Will Dollar worth 0.0001 BTC one day on: December 12, 2013, 12:07:05 AM
No one can really predict, but I think that it will surpass even that in time. I think it will continue to grow right up until its mining limit.

It depends. The price depends on a lot of factors, so just because there are less btc to mine doesnt mean the price will go up.

Yes, but mined Bitcoins will have higher value if the difficulty keep rising (or block reward halving and difficulty remain stable)

I will guarantee you that it will stop at around 10k. It wont go past it, because no one is going to pay 1 mil for a bitcoin, people are going to sell wayyyy faster than buy, so the price will start to go down really fast to a reasonable price.
2853  Economy / Services / Re: Earn up to 0.4BTC/month just by posting! on: December 12, 2013, 12:05:48 AM
I have a small doubt.
Some programs remove a person if they post less than 50 post in a single month.
I post an average of 125 posts a month and cannot reach the 50 posts from 10th to 17th , so will I be made ineligible if I do not get 50 posts in a single month ?


No, I think that you'll simply have to sign up again after the 17th (as anyone else who wants to continue in this program). But I'm not sure if any posts you've made up to that point will be "lost", or since you started late, if they will be added to the next month's post count. Perhaps someone else can clarify that part.

As I remember, Stunna said that if you didn't get enough posts to qualify after you had signed up (i.e. the number of posts you submitted after the sign-up) they could be added to the next month number of posts. What I am absolutely sure about is that this question has already been answered in the thread before...

Stunna, can you confirm that?

Ya, otherwise I would get 0.4 without even posting.
2854  Economy / Games and rounds / Re: Free Lottery & Giveaway 0.003 Bitcoins on: December 12, 2013, 12:03:38 AM
I hope to win!

1FTNs7UX63EPMTxJqzL146QEztMHqq8yRP
I'm sorry, you need to share story or tips about btc first

Ok....

My tips:

Don't waste your time with free btc-sites. There you can earn maybe 2 cent per hour. It is better to find some work and earn the minimum wage. Invest the money of your work in btc and become rich, in a few years if btc goes to 1 milion $.

It wont. The price will stay at around 1k - 10k. Nobody is going to be buying btc if its 1 mil, only selling, thus the price will go down.
2855  Economy / Gambling / Re: PrimeDice.com | 230M+ Bets | 260,000+ BTC Wagered | Free BTC | 1% Edge | Instant on: December 12, 2013, 12:01:46 AM
Damn.. took .02BTC to primedice and lost. Tried the martingale method.

Bet 1)  .001   <49.5   LOOSE
Bet 2)  .002   <49.5   LOOSE
Bet 3)  .004   <49.5   LOOSE
Bet 4)  .008   <49.5   LOOSE
Bet 5)  What I had left .005  <49.5  and I lost that one to.

5 Tries and I couldn't win a 50/50 chance, damn my luck  Undecided

I prefer to use the double double

What is that?
2856  Other / Beginners & Help / Re: Invest in btc or ltc? on: December 12, 2013, 12:01:13 AM
Litecoin does tend to follow BTC pretty closely, mainly because BTC and LTC are on almost every site, whereas other less popular ones are on specific sites.

Due to them being in the same places, when people panic sell BTC, LTC will almost certainly follow suit.

Too add onto that, some people hold both in btc and ltc so they panic sell BOTH.
2857  Other / Beginners & Help / Re: Will Dollar worth 0.0001 BTC one day on: December 12, 2013, 12:00:28 AM
No one can really predict, but I think that it will surpass even that in time. I think it will continue to grow right up until its mining limit.

It depends. The price depends on a lot of factors, so just because there are less btc to mine doesnt mean the price will go up.
2858  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple: The Best Way To Legitimize Bitcoin on: December 11, 2013, 11:59:22 PM
Ripple is dead and has never lived. Just look at what TF could do with it. It's unreliable and not trustworthy.

Jeeze, dude...Ripple just went Open Source a little over a month ago....and has since gotten millions in venture capital backing from Google Venture, Andreessen Horowitz, et al. Ripple is adding hundreds of new accounts a day, have more than doubled the number of gateways, and volume has been steadily rising in every currency.

Perhaps you prefer being slave to bank fees and slow transaction times....I don't.
I prefer security and if slow transactions (10 minutes ain't slow) and fee's (which is only 13 euro cents at the current market price) are required for that, I will take it with both hands. TradeFortress scammed a shitload of people with fake Ripple shit. Have fun with your insecure network.

What did tf do exactly with ripple? Also ya ripple is a mixture of paypal and bitcoin. If this were math, this would be the equation: 0 (paypal) * 10 (bitcoin) = 0 (ripple)! Cheesy

I'm sorry, I've read your post several times and it simply doesn't make any sense to me. Why are you multiplying 0 times 10 exactly? What does the 0 represent? Why are you multiplying...in lieu of squaring, subtracting, dividing, etc.? Are you talking about XRP or the Ripple system? Again....perhaps I'm a bit daft, but I'm not getting the meaning of your post at all.



0 is what its ranked. IMO paypal sucks. 10 = bitcoin = AWESOME. I multiplied so I can get 0 which is what I think that ripple is. Its a mix between paypal and BTC and thats just not right.


So, since

0 = the number of facts you present about paypal

0 = the relevance of paypal to this topic thread

0 = the number of facts used to quality your position about BTC

0 = is the amount of logic behind your choice to multiply

Then….

0 = is the amount that I care.

If you cannot support your position with one shred of empirical evidence, then please don’t waste my time nor that of the reader’s of this forum with your inane babble.


Paypal. Many people have issue with them. It doesnt affect people in their daily life and isnt really that bad for sending moeny to relatives but when it comes down to preordering things, bitcoin, and chargeback, things go to hell.

I see ripple as a mix of paypal and btc

This is the bitcoin forums. Spend some time and you will see all the pros.

I guess you could add and then divide by two (get the average), but all in all ripple doesnt beat btc in any way.
2859  Economy / Gambling / Re: PrimeDice.com Faucet Official Thread -Win 1 BTC! 1M Claims on: December 11, 2013, 10:15:30 PM
I play many times but never win big most of time as I try to win big back with empty hands   Wink

Well that's exactly what betting is.
2860  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple: The Best Way To Legitimize Bitcoin on: December 11, 2013, 04:00:37 PM
Google Ventures kicked in maybe $200K from all of the research I've done, which, while no means is chump change, is chump change for Google.

I wouldn't follow that as any source for a trustworthy platform.

The thing about all of the coins, not just ripple is that the creators mine enough coins for thenselves. By enough, I mean a lot. How much is one ripple worth? Also now that its "open source" are you able to mine it?
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