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Thanks for the update, great news!
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You may contact a local coin collector through classified ads or yelp.
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Whats going on?  There has been a drop in earnings from everyone I talked to. I am getting the same amount of clicks as previous days, but earnings have dropped 2000%! |
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yeah, the block size is 4.2mb now... transaction is cheaper and faster
Sure, but it will likewise have an effect on Bitcoin price. Lower fees = lower rewards for Miners. More miners = higher network hashrate = higher Bitcoin price. It's all relative. Because a bunch of newbs started whining, people decided to change the blocksize. Little do these newbs realize, that they are even less likely to make it rich with Bitcoin now. You dont have to be so arrogant about it now that you can afford every fee out there. And about ''these newbs'' , they represent the majority of bitcoin users and they keep the market alive. Whitout them, bitcoin would be wortless...pretty much like your calculations. The majority of the market is populated with people with small ammounts of money to whom the fees are a big impediment...that is why the people that actually think and understand fully how the system works have changed the blocksize. And it is a little bit hypocritical to call other people whiners when your post was just about that. If these people that "Understand Bitcoin" know what's best, why didn't they just create their own alt-coin? Because it doesn't matter. And look, I wasn't the one trying to change Bitcoin. It was working just fine as far as I was concerned. I honestly can't see any reason to spend less than $20 worth of Bitcoin anyway... Would you trade $20 worth of gold so you can buy a soda and chips? I don't think so... |
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The transaction fees reduced, and bitcoin's price also decreased, it looks like everything is related here. But I think it's great that the transfer fees decreased, because I believe in the long run bitcoin's price will be higher, and number of users using bitcoin would increase, thus, making the miners have profit on the long run also.
Bitcoin will continue to rise, but at a much more steady rate I think. I was very much against Segwit, raising Blocksize, etc. because I believed in Bitcoin as it was created. I paid the high fees gladly because I was investing in Miners who were keeping the network secure. I knew that this investment in fees would add to the value of Bitcoin later, and help keep the Bitcoin economy in motion. |
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Lower fees = more happy users = more adoption = higher price = more reward for miners.
(12.5BTC+0.5BTC) * $5000 >> (12.5BTC+3BTC) * 1000
I don't understand why the miners are ignoring this very important thing. If the fee is low, then for a short while their revenues may decline by 4% or 5%. But in the long term, it will increase manifold due to the large spike in users. I dont think a spike in users will happen just because the fees are low. No one is really using BTC to buy items online. They have their credit cards and Paypal for that. The only attraction most users have for BTC is to hold them as an investment to get rich. Exactly, and what good is more users if there are no miners processing transactions? We should have left the blocksize at 2mb just out of respect for Satoshi since he wanted it to be 2 mb. You don't think Satoshi thought about the Pros/Cons to different blocksizes? Sheesh... |
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yeah, the block size is 4.2mb now... transaction is cheaper and faster
Sure, but it will likewise have an effect on Bitcoin price. Lower fees = lower rewards for Miners. More miners = higher network hashrate = higher Bitcoin price. It's all relative. Because a bunch of newbs started whining, people decided to change the blocksize. Little do these newbs realize, that they are even less likely to make it rich with Bitcoin now. |
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Forums are one of the hardest types of websites to run, maintain and monetize. You are better off creating a simple blog and adding quality content. You can earn revenue for displaying ads on your blog from ad networks like http://coinhits.comBlogs tend to rank better on search engines too. It takes a long time to build a successful forum and attract long-term users who post regularly. |
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 Just a bunch of ungrateful, impatient whiners you all are!! "My decentralized, peer-2-peer crypto payment took an hour, wahhhhh" "OMG it costs a dollar to send electronic gold across the world without a bank" Cry me a river! |
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I think this site is scam, i need 100000 satoshi to withdrawal, since i reached 96000 my balance is frozen and my ads keep actives.
The old CoinHits website required Active bidders on your site in order to earn so that is probably why your earnings stopped. We have since completely redeveloped the ad network, and the New CoinHits site you can earn from all valid Clicks on your ads. Let me know if you need any help or have any other questions! |
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What? I havent fully understood it. Do you offer traffics only for advertisers? Or you also do offer for a publishers to put ads on their respective sites? Can you explain it to me further
We offer both solutions. Publishers can earn BTC for displaying ads on their sites, and Advertisers can create Ad campaigns to show across the entire network. Thanks for checking us out! |
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Only people that compare Bitcoin to Tulip Mania don't know the basics about Bitcoin.
Like limited supply, block reward halving, difficulty and hashrate, blocksize, fees, etc.
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Casholdler is prolly just another one of kwukduck's accounts. He's running out of options now that no one believes his Fud.
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Fees only seem ridiculous because the price of Bitcoin is so high. They have pretty much stayed the same...
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How is a little old lady going to defend herself against 2 or 3 intruders in the middle of the night?
Some politicians say that we have police for such purpose. And this logic is perfect: you can't use the firearms because you have police thet will try to find criminals that robbed you (or killed someone). Sounds (and works) bad. Unfortunately by the time the police arrive you will most likely be dead. |
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Also how is analyzing Satoshi's posts going to determine his identity? His posts are public, yes, but that doesn't mean that he has made similar posts under his real name somewhere else....
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People should have guns for protection because there is no better way to defend your home or property in case of a robbery.
How is a little old lady going to defend herself against 2 or 3 intruders in the middle of the night?
The fact is, guns are not scary or bad. Slingshots, blow darts, knives, baseball bats and bow and arrows are equally as dangerous. In reality, there are evil people who wish to do innocent people harm, and you have to be ready to defend yourself against these attacks. Would you go into the wilderness without protection? If someone started beating you up would you defend yourself with your hands?
Likewise, self-defense is a right and I guarantee you if you are ever in a situation where you are getting robbed you will wish you had a gun.
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