block size trolls will also show up if segwit is activated and working correctly. after a while these exact trolls will start another round of war against bitcoin as then 2mb is not enough anymore and holding back bitcoin's growth according to them. long story short, whatever happens, trolls will always find something to fud about.
While I agree that this scenario would be possible, I think it would be much more expensive for the trolls to attack a blockchain which is able to manage all "legit" transactions. If we compare the average block size growth (see a chart here: https://blockchain.info/charts/avg-block-size?timespan=2years) then we see that in 2016 there was a growth of aproximately 30%. That means that if this growth continues, with SegWit we will have about 2 years to find a solution. The problem is that if even legit transacations are beginning to be excluded from the blockchain (that's what I expect if SegWit is not activated soon), then trolls could do much more harm - and generate a lot of panic, mostly among new users. A price crash of epic dimensions would be a very probable consequence. It could happen, and it's good in one point. The threat makes people improve their defenses, that is what will happen with Bitcoin technology, it's always being improved because there is always a threat against it. And even this issue takes a bit more time to be fixed, the community and enthusiasts know the potential of Bitcoin and won't give up so easily using Crypto-Currencies. |
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I'm not sure now, I was thinking the BTC could drop near to $600, but it's stable near $800... Bitcoins protocol fundamentals are still broken. Bitcoin does not scale, offers no privacy and no fungibility.
The community largely still only cares about making profit in fiat, not about establishing and evolving a revolutionary alternative monetary system.
No, you must be wrong. The recent introduction of segwit must be a good witness for that. In a consensus environment it takes time to activate, yet improvements are happening for a revolution of how we are going to exchange. In short term we can expect bitcoin prices to sustain at current price levels around $850 to gain more power to leap toward $1000 price levels. You are thinking a bit high, no? BTC hitted $1000 with some difficulty and some time later the price go down with all strenght. I can't assure this, but I think it's better to wait BTC hit $700 or $600 to start buying again to have total profit on medium-long term. |
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Sorry, I must've not been specific enough. I meant to get referrals when you use the faucet. Sorry for the misunderstanding.
You can make a Youtube video with a nice title, next advertise your video with something wrote people will have interest to watch. I see this all the time on Youtube, and most times the methods/sites are a junk, but there are people liking that and giving views, this mean, the video owner gets referrals. |
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I think Friedrich Nietzsche said it best — 'And those who were seen dancing were thought to be insane by those who could not hear the
music.'
We are dancing on the music of a ground breaking technology, also called : The Internet of Money and the rest of the Fiat slaves are not
hearing the music. Can we blame them for not dancing?
We should make them hear the music, and the only way to do this, will be to increase the volume. The volume on the exchanges and the
volume of merchants and the volume of Bitcoin ATM's and the volume of information on public social media.
-= Increase the volume, so that we can all dance together =-
Maybe they can hear the music, they just don't like the song, or their music is good enough for them for now...  We don't need to force anyone to dance our music, everyone is free to choose what music to listen, what currency to use, what we can do is to show all the people the crypto-currencies, I believe many people don't know it yet. If you are able to do a good advertise about it I'm sure you will bring more people to dance your music. |
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Can't you already open more upgrades? Maybe more one gold ore, more one dwarf... The revenue is increasing, isn't time to increase the maximum earnings possibilities too?  |
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That is awesome, the chat can give good extra earnings if the person stay online showing some activity every 5 minutes or something like this.
I don't know if ads networks allow you to add their banners to PTC sites, if they don't, maybe there is a trick to use the banners at least on the chat page, increasing your income to pay users.
there are no problem with income we can offer ads spots for advertisers to place their banners or text ads in our chat the problem now we are confused to integrate users in ebitchat at ebitbux !! - what if we move users data to ebitbux but they already have an account in ebitbux ! - or we will tell them if you have account in ebitbux we will move your credits only we will find a solution Yes, to tell users you will move their balance to credits in PTC site is a good option. I think nobody will complain if you reset their progress in chat and refund them in PTC site. Anyway, I'm waiting for this update, I had some thousands of satoshis there in balance, I don't know exactly how much, can't login there, it says "username doesn't exist". |
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alienfaucets apps
They have 5 apps that is actually good. 3 apps let you play and you earn base on your performance, while 2 are roulette. The satoshi you earn from each apps are totalled to your account. The minimum cash out is 20k satoshi. In 4 days i have earned 40k satoshi and the pay out is every wednesday. There is a referral system that i hadn't use or checked, but one of the app will give you instant 3k satoshi per invite.
try it
How much time did you spend to earn 40K satoshis in 4 days? I already saw this app, but didn't download, don't know if really worth... |
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Hi there,
I'm making a faucet hub and I plan to give 100-1000 per 5min
On faucethub I placed there 99k satoshis but I don't know what values to put on Timer in Minutes and Payout Amount
I place to pay once a week
Thank you all
Don't give people false hope they will earn anything. You are the one who have CHANCE to earn something, but still you probably won't. People waste too much time on faucets to earn, they are meant to be learning place, to learn how to use bitcoin. There is nothing wrong with this. Who is claiming on faucets know exactly what they will earn and they have sure that they will earn that money (even being a low amount of money). I believe the faucet owners don't make a lot of profit, because most of them set the maximum reward possible to their users to make it worth for all parts. It's not like a Ponzi scheme which a lot of people lose money in the end. There are no lies and false promises on the faucet industry, since you use trusted and legit faucets... |
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Hmm, I will check. I like the option to rent referrals, I hope it's not fake like another PTCs...
Hey, and about Ebitchat project, did it die?
you are welcome mrcash02 yes i confirm that the referrals are real human only those who registered in our website without upline ebitchat project didnt die , no, but we have a solution to integrate ebitchat with ebitbux and all points earned in the chat rooms will be displayed in account summary you can withdraw them directly to bitcoin , or convert them to purchase balance to rent refs or buy direct refs or upgrade your account for now we are working to integrate ebitchat database with ebitbux so all users of ebitchat can login to ebitbux with same information's That is awesome, the chat can give good extra earnings if the person stay online showing some activity every 5 minutes or something like this. I don't know if ads networks allow you to add their banners to PTC sites, if they don't, maybe there is a trick to use the banners at least on the chat page, increasing your income to pay users. |
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On the other hand, if we reverse your logic and see someone selling some shit coin at the price of X bitcoins per unit of that coin and there are no fools willing to buy at however small price altogether (i.e. no bids in the order-book, see above), can we ever claim that this coin is worth anything at all?
If there aren't buys offers, the coin is worthless But if the coin is worthless in the absence of buyers, does it mean that it is priceless in the absence of sellers (i.e. of inestimable worth and beyond market valuation)? Obviously, this is unlikely if not to say impossible even though sellers may be absent in the market altogether, for example, when a coin developer places buy orders for his coin when there are no coins circulating in the market yet. That's the reason why such assumptions as per OP (i.e. that no one is going to sell any bitcoins at whatever price) are meaningless and futile in real life... Even if they are fun to hypothesize about at leisure Each case is one case, and yes, it's interesting to hypothesize about it as it probably won't happen. But some of these cases can be strategies of coin developers, traders, holders, businessmen, etc... |
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I'm not presupposing no one will have interest in Bitcoins, I'm not presupposing this: "bitcoin will not be spend anyway", what I mean is "if no one spend Bitcoins". This means who has Bitcoins won't spend it, but who doesn't have Bitcoins could want to have it, to buy it. There is no sellers, but there are many people wanting to buy it, and those who wants to buy will increase their offers to buy Bitcoins until a seller think the offer is good enough Your assumption simply doesn't make sense Just because there is no viable economic reason for it to come to life in the first place. Hypothetically, the price could reach ridiculous values, for example, someone might be willing to buy a few satoshi for a few hundred dollars, just for the fun of it, but that's pretty much all there's to it. In real life, though, you can more often than not see the opposite situation, i.e. only sellers being present in the market who want to sell their useless and worthless shitcoins, and no buyers sticking around altogether If right now, all BTC sellers hold their coins and stop selling it, what would happen? Would Bitcoin die and crypto-currency enthusiasts move to an alt-coin to pump it to main crypto-currency status? Or the BTC price would increase as the demand would be 100% higher than supply? Strictly speaking, in that very case you can't even talk about Bitcoin price any more Really, what is Bitcoin price (or price of any asset, for that matter)? Basically, it is the price at which the last trade was executed, so if there are no more trades, you can't assume that the price will sky-rocket. If there are only buy orders at a price higher than that last price, it will lose any value as a reference point. Ultimately, buyers will lose interest toward Bitcoin en masse, and since they don't want their money sitting idly in the orders which are never to be filled, they will pour it into something else. The market will essentially die with a few orders left in the order-books across exchanges I must say it's true, because a currency can be replaced by another without disadvantages. But if people really want Bitcoin I believe they would continue trying to buy it until a seller place a offer. The reference would be the buyer price, each new buyer offer increasing in reference the last one. After some time, some crypto-currency enthusiasts would migrate to another coin, and the BTC sellers would start selling again for the pumped price. That is something the chinese lobby could do. The big whales club. It's just a strategy the big holders could try to have profit, acting in group to rule a decentralized currency, a risk plan that could kill the currency. If bitcoin fails it will not be easy to replace it with any other cryptocurrency. As of right now, crypto is bitcoin, there is no other way around this. If bitcoin fails, 80%+ of the market spent in crypto also falls. I don't think there will be a second crypto, bitcoin is our only chance, so we must make it succeed at all costs. I don't think this. Crypto-currencies are important, new method of payment, not only speculation coin. Crypto-currencies even without Bitcoins are the future of monetary transactions. Surely the amount of people using it would decrease for some time, but anothers would come, as the technology is always upgrading even more. The reference would be the buyer price, each new buyer offer increasing in reference the last one. After some time, some crypto-currency enthusiasts would migrate to another coin, and the BTC sellers would start selling again for the pumped price I'm afraid that you can't say that It would be the best bid price, i.e. the max price at which buyers are ready to buy, but in no case it will be the price of Bitcoin. In fact, this point can be proven very easily. Say, there are buyers who want to buy bitcoins at 500 dollars per coin while there are sellers which agree to sell at 1000 dollars per coin. What will the price be then? The price will be that one they finish a deal. They must set an agreement first. It's like now, what is the BTC price? It's very unstable, until sellers and buyers set an agreement we never know what is the average price or not, it changes everytime. On the other hand, if we reverse your logic and see someone selling some shit coin at the price of X bitcoins per unit of that coin and there are no fools willing to buy at however small price altogether (i.e. no bids in the order-book, see above), can we ever claim that this coin is worth anything at all?
If there aren't buys offers, the coin is worthless. Those who made deal with this on the past will migrate to another one. |
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I'm not presupposing no one will have interest in Bitcoins, I'm not presupposing this: "bitcoin will not be spend anyway", what I mean is "if no one spend Bitcoins". This means who has Bitcoins won't spend it, but who doesn't have Bitcoins could want to have it, to buy it. There is no sellers, but there are many people wanting to buy it, and those who wants to buy will increase their offers to buy Bitcoins until a seller think the offer is good enough Your assumption simply doesn't make sense Just because there is no viable economic reason for it to come to life in the first place. Hypothetically, the price could reach ridiculous values, for example, someone might be willing to buy a few satoshi for a few hundred dollars, just for the fun of it, but that's pretty much all there's to it. In real life, though, you can more often than not see the opposite situation, i.e. only sellers being present in the market who want to sell their useless and worthless shitcoins, and no buyers sticking around altogether If right now, all BTC sellers hold their coins and stop selling it, what would happen? Would Bitcoin die and crypto-currency enthusiasts move to an alt-coin to pump it to main crypto-currency status? Or the BTC price would increase as the demand would be 100% higher than supply? Strictly speaking, in that very case you can't even talk about Bitcoin price any more Really, what is Bitcoin price (or price of any asset, for that matter)? Basically, it is the price at which the last trade was executed, so if there are no more trades, you can't assume that the price will sky-rocket. If there are only buy orders at a price higher than that last price, it will lose any value as a reference point. Ultimately, buyers will lose interest toward Bitcoin en masse, and since they don't want their money sitting idly in the orders which are never to be filled, they will pour it into something else. The market will essentially die with a few orders left in the order-books across exchanges I must say it's true, because a currency can be replaced by another without disadvantages. But if people really want Bitcoin I believe they would continue trying to buy it until a seller place a offer. The reference would be the buyer price, each new buyer offer increasing in reference the last one. After some time, some crypto-currency enthusiasts would migrate to another coin, and the BTC sellers would start selling again for the pumped price. That is something the chinese lobby could do. The big whales club. It's just a strategy the big holders could try to have profit, acting in group to rule a decentralized currency, a risk plan that could kill the currency. |
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I don't think it's a good idea for you. The 10 selected people will resell it and the method will be dryed some time later... Anyway, looks this method need a initial investment, a high investment, some people here are selling or pawning their stuff to have money to invest in Ponzi HYIP schemes, I doubt they will have a decent amount of money to invest on it. If you are looking to really sell it to monetize and earn some extra money, make sure to sell it to someone trusted for you, that you know won't kill the method... |
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Too many pop-ups, each new page there is a new pop-up.
The reward is very good every 5 minutes, but I think you won't be able to give this prize for much time with the currently income from ads.
How to withdraw? I don't see any button to withdraw. And if you don't use yet, I suggest you FaucetHub.io, very good micro payment system.
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But, "they" can join themselves to control Bitcoin, why not? It's not impossible and free market allows this. All depends the will of each one of the members of "they" group (chineses). If they want they will be partners on it to try rulling Bitcoin to make big money while the only thing another people can it to follow their lead trying to predict what will be their steps.
If the chineses living in different houses join one only big house they will be stronger and more influential over crypto-currency world, over Bitcoin.
instead of spreading out the hash power to give the smaller guys a bigger chance and themselves hurting each other by being separate by competing against eachother. you would see one pool. ensuring block rewards with every block. if your mindset had a chance of being onto something. all the technical reasons about your mindset have been done to death for a few years. think about it in the mindset of all of the segwit/dynamic block talk. even if something malicious/intentional was to occur, user nodes will orphan a malicious block of rule breaking data. at very worse the block production from a massive superpool doing something malicious can be blacklisted and orphaned off.
but when you say "they" you are not talking as if the rational conversation is about say 100 people spread over 3-4 pools.. managing mining farms in 10-15 locations hundreds-thousands of miles apart your talking as if its 1.3billion people all in it together eating the same bowl of rice. On pools, mining, BTC acquisition is every man for himself. So, they can pick the big investors, the big whales and create a club, a fellowship only with those holding huge amounts of Bitcoin. They can choose when to sell BTCs, when to hold, to control the price at their favour. Surely it's not interesting for them to have 1.3 billions of people eating on the same bowl of rice, so only the rich guys can join the party.  |
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Hmm, I will check. I like the option to rent referrals, I hope it's not fake like another PTCs...
Hey, and about Ebitchat project, did it die?
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The best way is indeed to have a skill. Any skill. Even the one who I think everyone of us has it, or else called data entry, solving captchas and alikes. This is the best website to work for bitcoin below (I last used a few months ago so I hope there is more work for anyone interested now) https://www.xbtfreelancer.com/Data entry, captcha solving will not provide the big earnings in bitcoin, just we could compare with faucets only. Skill based work in bitcoin are many. Op could try coin designing and signature designing provide some decent amount than your skilled tips. Solve Captcha jobs are much worse than faucets. The currently rates they pay are too low, as there are too many people able to do this job. If something is very easy to do the payment will be low, that is what happen with captcha jobs. However, faucets even being easy job too, worth more than captcha jobs, as there are some good faucets options paying decent satoshis every 5, 10, 15, 60 minutes... And there are the thematic faucets, worthing much more. |
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Is China trying to control Bitcoin?
It's evidently clear because they control the largest part of the bitcoins network, I learnt just 3 Chinese mining farms control about 70% of the entire bitcoin network so in effect they are in control and decentralization is at risk. ?they? what if i told you that slushpool. many classify as part of your THEY.. is actually managed by a guy in thailand.. another pool manager is in mongolia. and another pool manager travels between europe and america.. where each of them have stratum servers dotted around the world 1.3billion people do not own bitcoin.. only a few people do and those few people do not all live in the same house eating the same bowl of rice. the individuals have separate lives living hundreds/thousands of miles apart from each other and are actually competing against each other.. not colluding with each other. in short. there is no chinese "they". whats next every american is a KKK member purely because a few americans are that racist... fine you deem all of america KKK members under your mindset. whats next every italian is a part of a mob But, "they" can join themselves to control Bitcoin, why not? It's not impossible and free market allows this. All depends the will of each one of the members of "they" group (chineses). If they want they will be partners on it to try rulling Bitcoin to make big money while the only thing another people can it to follow their lead trying to predict what will be their steps. If the chineses living in different houses join one only big house they will be stronger and more influential over crypto-currency world, over Bitcoin. |
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In my opinion, it would fall down, and it would totally lose value.
of course, because that makes a request bitcoin up almost entirely of spending. so when there is no spending. I'm afraid bitcoin will die but I thought it would never happen in the near future It makes no sense. If no one spend Bitcoin the demand probably would be higher than the supply, so the BTC price would increase until someone sell their Bitcoins to keep the market moving. When you are spending Bitcoins you are moving the market, making the life continue and creating possibilities of new events (increases and decreases in the price). I don't agree with your explanation, we spend because we want to increase the circulation and to increase the demand as well. What is the reason of holding when bitcoin will not be spend anyway? I guess you need to understand when bitcoin will not be supported by us, it will die because we dictate the value its value. I'm not presupposing no one will have interest in Bitcoins, I'm not presupposing this: "bitcoin will not be spend anyway", what I mean is "if no one spend Bitcoins". This means who has Bitcoins won't spend it, but who doesn't have Bitcoins could want to have it, to buy it. There is no sellers, but there are many people wanting to buy it, and those who wants to buy will increase their offers to buy Bitcoins until a seller think the offer is good enough Your assumption simply doesn't make sense Just because there is no viable economic reason for it to come to life in the first place. Hypothetically, the price could reach ridiculous values, for example, someone might be willing to buy a few satoshi for a few hundred dollars, just for the fun of it, but that's pretty much all there's to it. In real life, though, you can more often than not see the opposite situation, i.e. only sellers being present in the market who want to sell their useless and worthless shitcoins, and no buyers sticking around altogether  Hey, captain, don't you wanna buy some PAC coins? The coin is cheap as dirt, don't lose your only chance (until it gets delisted)! If right now, all BTC sellers hold their coins and stop selling it, what would happen? Would Bitcoin die and crypto-currency enthusiasts move to an alt-coin to pump it to main crypto-currency status? Or the BTC price would increase as the demand would be 100% higher than supply? |
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It's very normal people here focus in China as they are the most influent country about Bitcoins, strange would be if people here don't talk about them, neglecting the worrisome situation it can result on medium-long term.
But I agree it's time to make another countries people join Bitcoin instead of only talk about China power. I think wouldn't be nice to have China on top while all another countries are useless on Bitcoin world.
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