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301  Economy / Services / Re: Up to 0.035 BTC weekly for YOUR SIGNATURE *New rules on: May 19, 2016, 07:52:04 PM
My posts this week were more 28 but the counter shows only 1 ! what happen ? my payment is supposed to be tomorrow  Undecided
302  Bitcoin / Press / [2016-05-19] TeslaCrypt Developers Release Master Decryption Key Free of Charge on: May 19, 2016, 07:46:44 PM
TeslaCrypt Developers Release Master Decryption Key Free of Charge

TESLACRYPT DEVELOPERS BAIL AND LEAVE DECRYPTION KEY

Considering how TeslaCrypt has been one of the most innovative – and disconcerting – types of Bitcoin ransomware to hit the Internet since February of 2015, it came as a big surprise to hear the developers have closed up shop. Moreover, they made the master decryption key publicly available to anyone and posted an apology message as well.

While it is positive to hear TeslaCrypt will not be making any more victims who are forced to pay a Bitcoin ransom, it appears the operators have set their sights on a new target. Security experts have found evidence they are turning towards CryptXXX ransomware as of late, which is another piece of malware infecting computers all over the world as of late.

Now that the master decryption key for TeslaCrypt has been leaked by the developers, everyone in the world can deal with this infection without paying a Bitcoin ransom. Moreover, the TeslaDecoder security application has been updated with this new information, and can now decrypt files encrypted by either version 3 or version 4 of the Bitcoin malware.

This reprieve will only be a short one, though, as replacing TeslaCrypt with CryptXXX is a far cry from good news for computer users. Although security experts of Kaspersky Labs have managed to outsmart its creators twice already, it may only be a matter of time until a new iteration of the ransomware makes its way to the Internet.

Whether or not we will see some of the TeslaCrypt features appear in future versions of CryptXXX remains unclear, but it is not unlikely. Despite this temporary victory over malware in general, the battle is far from over, and there are multiple Bitcoin ransomware strains still in circulation to this very day. Creating computer backups remain the top priority for everyone.

http://themerkle.com/teslacrypt-developers-release-master-decryption-key-free-of-charge/
303  Economy / Speculation / Re: bitcoin prices jump to $600+ in... on: May 19, 2016, 07:44:32 PM
I do not think it would happen in these 4 months you mentioned. the market can not even reach 500 til now, how come would it reaches 600 before the halving ?
 maybe it will happen at the end of this year
304  Economy / Services / Re: Get paid in Bitcoin for simple data entry (solving captchas). on: May 19, 2016, 07:39:43 PM
this is not going to be the last decrease in the rates because they keep making the payout minimum higher by time! they did not even think about lowering it with these low new rates !
why people tend to be greedy ? wants to pay less money for more amount of work ?
305  Bitcoin / Press / Re: [2016-05-17] Zimbabwe’s Cash Crisis Is Bitcoin’s Boost? on: May 18, 2016, 04:49:03 PM
If $1 is equal to a trillion zibabwean dollar, do you know how many trillions will be needed to buy 1 bitcoin? I do not think that economy is bouyant enough to transact in bitcoins within the country.

there is no problem with the numbers. 1 bitcoin will remain the same value whether you buy it with any other currency. so why do you see their economy is not ready for btc although AFAIK zimbamwe has a big number of bicoin users in Africa
306  Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin? on: May 18, 2016, 04:46:02 PM
I prefer to use paypal becasue i dont trust the coin i already wanted to trust the coin but he lied to me. I never got my coins back when i did not received anything i bought with it so paypal can give you that warranty. So use paypal its many times saver trust me.

It is your fault that you had a deal with non trusted person. so do not blame bitcoin for that.
paypal chargeback help some scammers also so it is not always a positive thing
307  Bitcoin / Press / [2016-05-17] Zimbabwe’s Cash Crisis Is Bitcoin’s Boost? on: May 17, 2016, 07:42:38 PM
Zimbabwe’s Cash Crisis Is Bitcoin’s Boost?


A recent survey by The Zimbabwe Standard has shown that a number of banks in the central business district of the country’s capital, Harare, has long queues to withdraw cash with others running out of cash by midday.

This demand for cash is fuelled by a lack of trust in an impending introduction of bond notes by the apex Reserve Bank of Zimbabwe.

Although its governor John Mangudya says the bond notes would not happen within two months, the latest development better highlights the growing need for a cryptocurrency like Bitcoin as a dependable option for users.

Why Zimbabwe banks lack credibility

This lingering cash crisis and its attendant challenges have reportedly drawn the attention of illegal foreign exchange dealers into the country to do fast business. In other cases, some bank staff allegedly take the advantage to charge clients up to 10% ‘commission’ on electronic transfers to the accounts of money changers in return for hard cash.

The main contention surrounds whether money deposited in banks would have the same value it deserves once the financial institutions will start giving bond notes.

Zimdollar fears

This skepticism hanging on investing in the bond notes had been worsened by a former finance minister’s claim that the government is trying to introduce bond notes with the aim of bringing back the rejected Zimbabwe dollar through the back door.

Tendai Biti said reintroducing the Zimdollar will be a disaster because it could be over-printed again leading to a broad money supply over the country’s GDP to make too much money chasing too few goods and ending up being dysfunctional.

When it was in use, the Zimbabwean dollar denominations rose to have a 100 trillion dollar bill becoming the note with the most zeroes of any legal tender in recorded history. The bills, which still auctions on eBay, circulated for a few months in 2009 when the country experienced one of the toughest hyperinflation in history with US$1 changing for trillions of Zimdollar.

The currency was eventually abandoned in favour of the South African rand, the US dollar and several other foreign currencies.

Would Bitcoin be a better option?

Whether Bitcoin would be a better option for the southern African state of Zimbabwe to adopt as an alternative method of payment or not has triggered an online discussion of late. The discussion is still ongoing and would possibly create greater awareness about the need to adopt Bitcoin for better safekeeping or for other profitable use.

A piece by L.S.M Kabweza suggested that reliance on Bitcoin helps with Zimbabwe’s trust problem. In a forum where there have been talks about making a hedge investment using Bitcoins, there were diverse views with suggestions of various forms of investments. However, the most prevalent consensus in view comes with buying Bitcoins itself as a safe investment.

http://cointelegraph.com/news/zimbabwes-cash-crisis-is-bitcoins-boost
308  Bitcoin / Press / Re: [2016-05-17]CoinTelegraph Launches Its Own Bitcoin Price Index on: May 17, 2016, 07:37:46 PM
it is good for any bitcoin related site to have some charts about the price. they are late in doing this as coindesk had it long time ago and i used to use their index for checking the price in different exchanges
309  Economy / Speculation / Re: BTC price to 600 ? on: May 17, 2016, 01:47:58 PM
If the price reaches 600 in the next few month, I think I will sell a portion of my bitcoin because I will be satisfied with a 50% profit that i will get then. And I will hold the other part waiting for more rise
310  Economy / Economics / Re: Actually the bitcoin market is very small on: May 16, 2016, 06:12:16 PM
bitcoin wont be the new world currency except if more people around the world start using it. the market is small now, this is true. but it will expand by time and new blood and money will enter the market
311  Bitcoin / Press / [2016-05-16] Gatecoin CEO Reveals $2 Million Loss in Hacking Incident on: May 16, 2016, 06:08:47 PM
Gatecoin CEO Reveals $2 Million Loss in Hacking Incident

On Saturday, Gatecoin CEO Aurélien Menant, released a statement that details the nature of the hack and how the exchange managed to lose 15% of client’s digital currency deposits.

Gatecoin has always kept 95% of all customer funds in multi-signature cold wallets, however, the hacker managed to alter Gatecoin systems in such a way as to divert ETH deposits away from these secure cold wallets.

Aurélien Menant explained:

Quote
“However, the malicious external party involved in this breach, managed to alter our system so that ETH deposit transfers by-passed the multi-sig cold storage and went directly to the hot wallet during the breach period. This means that losses of ETH funds exceed the 5% limit that we imposed on our hot wallets.”

http://themerkle.com/gatecoin-ceo-reveals-2-million-loss-in-hacking-incident/
312  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: May 16, 2016, 06:06:39 PM
No, I think this will not happen because not everyone in this world has internet connection or electricity and not all people will believe in bitcoin and use it as money
313  Bitcoin / Press / [2016-05-15] What Will The Future Hold For Bitcoin Debit Cards? on: May 15, 2016, 07:35:23 PM
What Will The Future Hold For Bitcoin Debit Cards?

Despite the growing number of Bitcoin debit card providers in the world, there are some concerns regarding using a plastic card to spend cryptocurrency. While this brings a lot of convenience to the table, it is not the same as spending Bitcoin the way it was meant to. But it sure makes it a lot easier, that much is certain.

The biggest gripe people have is that any debit card in the world is issued by a bank. Regardless of which company provides this Bitcoin debit card service to its customers, the bank is responsible for ensuring transactions can go through and payments are made in the right national currency.

However, if the issuing bank suddenly decides to halt their debit card service, the plastic cards become completely useless. The Bitcoin company providing the service can’t change that scenario, and they will have to look for a new partner. In the end, this is almost the same as giving up the financial freedom Bitcoin brings to the table in favour of convenience.

On the other hand, a Bitcoin debit card does not require merchants to accept Bitcoin payments directly, as they get paid in the same way any other credit card transaction is settled. However, they retailers pay slightly lower fees for debit card transactions compared to credit card payments, so there is a win-win situation for all parties.

http://themerkle.com/what-will-the-future-hold-for-bitcoin-debit-cards/
314  Economy / Exchanges / Re: Be careful! E-Coin may be turning to a scam on: May 15, 2016, 07:31:57 PM
I used E-coin in small amounts only - less than 50$- and I did not face any problem while withdrawing, it was instantly once I confirm it from the e-mail. I hope they will solve your issue soon and they wont turn scam
315  Economy / Service Discussion / Re: Whats up with hot-coin cloud mining? on: May 15, 2016, 07:27:22 PM
It is not the first site I see that gives some giveaways at first to promote for the site and once you deposit , you will not be able to get your ROI again. forget about clout mining , 99% of them are just ponzi
316  Bitcoin / Press / [2016-05-15] Bitcoin’s Transaction Fees Skyrocket as the Bitcoin Halving Looms on: May 15, 2016, 07:23:36 PM
Bitcoin’s Transaction Fees Skyrocket as the Bitcoin Halving Looms

Having almost tripled since last summer, Bitcoin transaction fees continue to grow. According to a new bitcoin fee estimator from Bitmain, almost 20,000 transactions are currently paying more than 35 cents for a next block confirmation. The current average fee is almost 15 cents per average bitcoin transaction size of approximately 500 bytes.

The somewhat confusing graph, due to unintuitive parameters such as satoshi per byte, illustrates no transaction is currently delayed at a fee rate of more than 60 satoshis per byte, which has to be multiplied by the average transaction size of 500 bytes, divided by 100 million satoshis into a bitcoin and the resulting fee of 0.0003 converted to usd, which, at the current price, according to google, stands at 15 cents.

http://cointelegraph.com/news/bitcoins-transaction-fees-skyrocket-as-the-bitcoin-halving-looms
317  Bitcoin / Bitcoin Discussion / Re: What is Craig Wright doing now? on: May 14, 2016, 09:37:29 PM
Probably trying to figure out another way to "reveal" himself as satoshi.

lol Cheesy and he would say sorry again like Justin Bieber
I do not think he is so talented to make up a new believable story.
318  Economy / Speculation / Re: How can we make bitcoin's price only RISE and never FALL? on: May 14, 2016, 09:29:46 PM
It is impossible to manipulate the bitcoin price at all. Every market in the world must have ups and downs and this is how trading working
319  Economy / Service Announcements / Re: PapeWall Now Pays Bitcoin For Views, Social Interactions and Ads on: May 14, 2016, 09:22:23 PM
Should not this be in the micro earning board? As it is just a faucet with the ability of posting some content ?
320  Bitcoin / Press / Re: [2016-05-14] The Sun Exchange Project Aiming to turn bitcoin into Electricity on: May 14, 2016, 09:17:44 PM
Is this just a new ponzi site that claim they have projects while there is nothing in real life ? Why do not they put any photos of these projects on the site ?
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