What's in it for us is the interest earned on deposited coins. There really isn't anything more to it. They use our invested capital to expand their farm, and we earn interest payments for temporarily loaning our coins.
Haobtc can't help the fact that the bitcoin network is constantly increasing which shrinks their margins just like any miner. If btc price keeps appreciating they will be able to afford to make the interest payments a little longer but not forever at the same rate.
I understand that but even Hashnest Pacmic, which is basically the same things, pays about 12% a year, so about 3-4x HAO. This is a very competitive market, that s my entire point. I m not going to comment anymore on this. |
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Some people will really do anything just to get that referral fee. I mean really anything.
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I am really confused about my hashnest account.
I have ONLY 61 GHS of antminer s3s and nothing else.
On my account I find
24 Hours earnings 0.00004039BTC
But, the maintenance is 110.81%.
Any suggestions?
You should ve analysed and followed the market more carefully. Currently you S3 are spending more then they generate and will be shut down. Sorry, but there isn't much you can do, unless you want to redeem your machines and get it send to you. This is going to cost you probably more then those re actually worth. |
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I'm waiting for FactomDark. With the promise to record maybe-(not)existing-data and nobody will ever be able to find it anywhere, or to figure out if it really exists, and it anchors in DarkEther and some other shadydarkscams. Maybe I'll do it myself, because if it's done right it won't even need code, just dark magic!  Full anonymity s one of the worst traits of Bitcoin. It s attracted lots of scammers and ponzi pumpers. Having something like that in any other coins is something I really would not like to see. |
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Ccex requires 3D secure debit or credit card. Lots of developing countries still dont have that tech. Dont know about these others.
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Too fast and too bulish, classic pump. It s gonna dump hard within a week.
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What, he invested into ponzi, they stole his money and now he wants us to help?
Dude, MONEY DOES NOT FALL DOWN FROM THE SKY, u NEED TO WORK TO EARN IT.
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Hashnest always comes back, no need to be scared or spread FUD.
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I also feel Bitcoin classic is a best way to go. Also, since miners support it, no need to go further, they move the entire network.
About Bitgo, I use it for some time, no issues, great service.
No, I don't think so. I don't have any idea if we should increase the blocksize, but I'm sure is that an hard fork will never be a solution, because it's breaking the fundamental rule of Bitcoin : the consensus. Consensus is never going to happen anymore. Bitcoin has gotten too big with too many players with different agendas to reach consensus on the level they want it. Look in your local government for example, how many parties are there? The same is happening in bitcoin. Different parties with different opinions not wanting to work together or agree with eachother. Exactly. This is why I say the most important vote bears the one who contributes to the network the most. Consensus s not going to happen, I agree, too many vested interests. |
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theyll get it fixed. just relax
Oh I'm relaxed lol I dont do stressed  You need to start your wallet in one of the earlier versions of the wallet, then dump your private keys and you ll be fine. If you cannot find 1.4 version or something like that, let me know, I ll send you mine but I m sure there should be a link somewhere. |
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Why do I keep getting warning from Google Chrome not visit NEM blog, that "the site ahead contains harmful programs"  ?? |
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What is the current savings interest rate?
Thx
3% APR which is .25% monthly, still higher then many banks savings..  Icon Update: This paying for withdraw fees is getting old, that's one thing you don't have to worry about on coinbase, think i am done here till they remove the withdraw fees, lol paying more in fees then i am earning on monthly interest So it s gonna down a lot since they started. What s the main cause behind this drop? Abundance of capital? Yes, that is the main rationale. I would like to remind ppl, as I did a few times before, given the nature of Bitcoin, the interest rate is more likely to move downward than otherwise. So what s the point of operating this service then in the first place? If the interest rate goes down to 1%, the only one who profit from this venture is HAO BTC, cause you guys obtain cheap loans to expand your operations. I m not trying to criticize you or anything, I m simply trying to figure out what s there for us, ordinary users. |
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I recently invested ~30mbtc in them. They have sent me two payments so far. Great site, accused of ponzi, but not ponzi as they have beein going/paying for more than 6 months.
What kind of noob are you my friend? So they re not ponzi as long as they keep paying. Once they stop paying and you lose money, they re a ponzi, right? That must be work of a mastermind. Why dont you apply for the Nobel prize. Didn't really state that! I am not sayng that they are a ponzi, I am just saying that the evidence supports them not being a ponzi. You can use this information as you wish. What evidence? Evidence they re currently paying. Every single ponzi pays for a period of time, from your own invested money. The point is they DO NOT make new money. Just think, how is it possible you cannot replicate their earning while mining at home. Not even close to that. What kind of magic software of hardware do they have? |
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The only contract which might be worth something is Ether mining. However, even in this case, it s safer simply to buy Ether in the first place.
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I also feel Bitcoin classic is a best way to go. Also, since miners support it, no need to go further, they move the entire network.
About Bitgo, I use it for some time, no issues, great service.
No, I don't think so. I don't have any idea if we should increase the blocksize, but I'm sure is that an hard fork will never be a solution, because it's breaking the fundamental rule of Bitcoin : the consensus. I think it really does not matter what we think. All it matters is what large farms think cause they re the ones moving the blockchain. |
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PoS coins s always been my main suggestion, but really good ones. I ve invested a lot into DMD Diamond and that coins s brought me nothing but profits.
It s like a savings account for your coins which generates 25% of interest per year and you keep it under control on your own PC.
The link is under my avatar if anyone s interested.
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PoS coins s always been my main suggestion, but really good ones. I ve invested a lot into DMD Diamond and that coins s brought me nothing but profits.
It s like a savings account for your coins which generates 25% of interest per year and you keep it under control on your own PC.
The link is under my avatar if anyone s interested.
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I think we should be a bit patient. Dont forget this Cryptsy catastrophe made people withdraw lots of DMD from their cold wallet. These might be coins which are being sold recently. However, this is going to end soon.
Real investors are always very, very patient and weak hands never make money on anything.
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A few grand will be enough for me to hire a developer that will create a 'cloud mining' site and advertise. Let it run for few months with inside trading to allow me to sell and buy at prices that I need to prolong the operation then create a drama that the system was hacked making myself "named John Doe" a victim as well  Haha, ponzi cloud, well we ve got a lot of these. Let s please find something else. |
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Too bad that no information the dates when the Milestone2 will be completed and Milestone3 will be completed.
I understand that programming a difficult and time-consuming process, but it must also be at least approximate dates end works.
Where are they?
How much time is necessary to wait that the factom were fully ready for work? 1 quarter - 1/2 years - 1 year - 1,5 years or 2 years ?
Does anyone have thoughts on this?
As far as I know Milestone 2 is intended early this year. My guess is that it's about weeks or maybe just days, not months. Because: High activity in the github, even on weekends: https://github.com/FactomProject/I just would be concerned if there wouldn't be updates in the github but vacation-pics on Twitter. ;-) Milestone 3 is about the federated servers and in the interview Paul Snow said, that they intend to start with 8 servers, and that they aim to start with that also in the first quarter of the year if I remember it right, and then to grow until the full system with federated and election server is running. And if we look at the price, Milestone 2 could turn out as perfect timing. The chance that Milestone 2 will have positive impact on the price is higher if it has some time to settle a little bit - and the volume is great. If people fully understand how important Milestone 2 will be to give access to the system we could see another price-jump. And if not - they will understand right after some good news as a result and I have no doubt that there will be a lot of good news. Great, now there is at least tentative schedule for his Milestones 2 and 3. |
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