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3661  Alternate cryptocurrencies / Mining (Altcoins) / Re: Buy Miner with Paypal on: October 18, 2018, 09:23:32 AM
Hey

i have some money on paypal and for taxes reason i'd rather not withdraw the money, i'd rather buy a miner online
but i see that most websites only accept bank transfer or cryptos

do you know of any reputable website that accept paypal (preferably in europe) ?

I started buying some BTC on localbitcoin but really is not an option since the spread is just TOO HIGH it's crazy

Thanks


At first as far as I know there aren't resellers of bitmain, baikal miner and etc, these companies don't accept paypal itself, also I don't know which asic miner you want to buy. On another hand ebay isn't store you can trust in this situation, btw you can offer paypal to btc exchange with 1:1 rate if anyone wants that, this way you'll collect btc and avoid taxes you don't want to pay. You can also offer others to buy something with pp for them and for this receive same amount of money in bitcoins.
3662  Other / Meta / Re: English language videos on: October 18, 2018, 08:29:20 AM
I think that English language videos could be useful to help members who don't have English as a first language. It's something that I have been thinking about, together with audio files that are readings of posts.
There are people from different countries, so I think it's hard to find proper English lessons for everyone, maybe it will be better if we all (foreign people) post videos or texts in one link for each country. Btw it's not forum's problem to be fair, usually people who ask questions have a lack of English, programmers and etc (call them helpers) on this forum know English well.
Btw op there is no need to release what you said.
3663  Economy / Economics / Re: Poor Internet Services Could Cause Hamper Crypto Adoption in Africa on: October 18, 2018, 08:07:27 AM
There are still poor internet services in villages of some small countries who have absolutely bettee economy than Africa. At the same time we have to mention that there is a reason of it in Africa. If you see, some clothes are even made here, for example let'd take Asos, why don't they manufacture in UK? Because Africa is very cheap, that's the reason why clothes are made in Turkey and in China too. This country doesn't play huge role in economy but their poverty is the reason of why is Europe reach.
3664  Bitcoin / Project Development / Re: New Crypto Currency Game - Thoughts Please? on: October 17, 2018, 08:47:09 PM
Dear OP before I'll talk you about your website, at first protect this rule and try to reply everyone in one post because otherwise it seems you are bumping your thread for more than once in 24 hour which can possible be a reason of ban here.
As you said you may introduce veryfication system, if you mean KYC here, it's a very big NO to your website from many people, in bitcoin world no one enjoys KYC, especially in gambling because in some countries people who gamble can't work in civil services.
Be ready thay your faucet will be abused too.
3665  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin and FIAT co-exist? What will be the advantages then? on: October 17, 2018, 07:52:35 PM
FIAT money is our daily currency which has been existing here for hundreds of years, when crypto currencies like Bitcoin is squeezing their way up to become a world currency and sort. Can they co-exist? If so then what benefits we can get from them, altogether? Not separately.
Don't they co-exist now? Who says that bitcoin will become global currency? (yeah people open same and same threads but sometimes OPs start with different sides). Can you tell me how will bitcoin handle so much transactions when billions of people will start to use it? What will happen once mining ends? How will it become global currency when some businessmen mine bitcoins? Don't get lost, if you are really interested in this task, answer to my questions.
3666  Economy / Trading Discussion / Re: Why did the price of Bitcoin suddenly spike up (October 15, 2018)? on: October 17, 2018, 07:10:44 PM
it doesn't really work that way though! Cheesy

first of all let me mention that the recent rise was not a rise at all but in  fact a fall. in other words value of Tether dropped so in order for altcoins to keep their value up they needed to rise against Tether and that is what happened here.

but lets get to the middle part of OP comment. when bitcoin rises (assuming Tether is worth $1) altcoins seemingly rise up but not because they keep their value, in fact they fall in value against USD and BTC but because this fall is not equal to bitcoin price rise, the final result is a rise. for example if bitcoin is $1000 and some altcoin is worth 0.1BTC and then bitcoin goes up to $2000 that altcoin, if it remains 0.1BTC will rise to $200 which is impossible for that coin to happen because there is nobody buying it. what happens is that rise of bitcoin from $1000 to $1000+ will start creating arbitrage opportunity in ALT/BTC and ALT/USD and as traders arbitrage this the final value of that coin will go somewhere between $100 and $200 and closer to lower bound. so the final result will be an altcoin worth around 0.06BTC which is a big fall but thanks to arbitrage traders the value of it rose a little to $120 in a fake manner.
I don't know what to call that movement, rise or something different but recently, 15th october was the only day when I haven't checked bitcoin's price everything happened so quickly that I got information of price on this forum.
Btw tether didn't fall so much to cause almost 1/2K rise in bitcoin's price, tether got -1% but bitcoin got more than 10%.
3667  Alternate cryptocurrencies / Mining (Altcoins) / Re: No more Equihash ASICs (Z9, Z9 Mini) from Bitmain? on: October 17, 2018, 11:28:18 AM
Maybe Bitmain thought that ZEC and others might fork by end of the year and hence only planned production until Oct or so? Which now seems a mis-calculation.
Maybe this! You can expect everything from Bitmain. But at the same time I also highly doubt this is the reason why they don't plan to produce it. Bitmain will have more chips if they need, that's not a problem for them. Maybe they hang on these coins because they already made great profit while mining silently and now are working on different things. Also we need new antminer for bitcoin too, current one isn't profitable. Maybe it's now their priority.
3668  Economy / Speculation / Re: What is happening right now? (2018/10/15) on: October 17, 2018, 10:44:16 AM
Herbert2020
You say that coinmarketcup isn't the source we have to trust but also consider that they have great power, once they removed some exchangers and it caused changing in bitcoin's price.

Kakmakr
Maybe you are right too, Bakkt is going to set new standards for cryptocurrency exchanges.
Personally I don't like that bitcoin is becoming so popular, that's bad. Many big exchangers and serious players in economics and businesses will try to take a control on it.
3669  Bitcoin / Bitcoin Discussion / Re: Doing a project with blockchain need interesting topics on: October 17, 2018, 09:55:50 AM
What about of using blockchain for land registry? It's related to trade at some point. That's not new because it's done in some countries (maybe 2-3) but also almost rest of the world hasn't integrated it. Bright side is that it adds an extra layer of protection to safety of our land proprietary.
It's possible to use blockchain technologies for gold, medicine, to protect them from falsification and dark trade. You can think about a lot of projects with bitcoin that haven't been done.
3670  Alternate cryptocurrencies / Altcoin Discussion / Re: Should there be that many cryptocurrencies that exists? on: October 16, 2018, 03:51:38 PM
As of August 2018, there are over 1600 cryptocurrencies that exist, according to Wikipedia. I know that Wikipedia isn't the most reliable of sources because anyone can edit it whenever they want, but the point is the number of cryptocurrencies being introduced. Some of the new cryptocurrencies I've heard were DeepBrainChain, ByteCoin, IOST, and Elastos. There's also a new coin called Virie, which is apparently a cryptocurrency used to crowdfund and jumpstart the Virternity Project, a project that aims to digitized our minds, economy and the society. I believe that not all new coins aim to scam people, but do we really need more cryptocurrencies? Do we need new cryptocurrencies for every project that exists? Why can't there be one or five cryptocurrencies that all projects can use?
I always say, quality over quantity and that's always better in our life but does it matters for you in crypto world? There are only some coins alive, you can't even feel if others exists and it happened to you too, you only discovered them after reading a list on wikipedia. On another hand it's normal because there is possibility that there will be better altcoin created in future, so why do we have to not let others to develop and create good things or bad ones which can't damage anyone?
3671  Economy / Marketplace / Re: Amazon accepting Bitcoin - What can go wrong? on: October 16, 2018, 03:07:47 PM
Man, this thread is a year old already and Amazon (and eBay, too) have yet to start accepting bitcoin.  That's unfortunate--I remember this thread from last year and I thought we were actually going to get some good news from at least Amazon, but not to be I guess.

As I've said many times, I'm not a huge fan of spending bitcoin, but in the past 5 months or so I've accumulated more than I've had in quite a while and I haven't always wanted to hold it.  I probably would have bought some stuff from Amazon if I could have paid for it there in an easy way.  Selling bitcoin for PayPal always makes me nervous, even though I tend to trade with one individual who hasn't let me down yet.  It's still always risky, and there are times when I'd rather just not convert to fiat, and Amazon is one of the biggest marketplaces on the internet.  If you could just pay for things there with bitcoin there would be zero need to sell bitcoin for cash.

Any idea what their thinking is on this one?  I haven't read anything lately about it or really any big merchants starting to accept bitcoin.
Personally I don't want to see amazon or ebay starting to accept bitcoins, especially amazon. At first ebay has paypal which doesn't accept even btc buy with it, so they'll stick with fiat. On another hand if they have to refund, how will they act? Seems they have to convert bitcoin in usd at the moment of payment receive and do the same on refund (consider that amazon is usually seller itself). Also imagine if amazon receives and receives bitcoin and holds it? I don't want such situation.
3672  Economy / Gambling discussion / Re: How to deal with multiple accounts and abusing faucet? on: October 16, 2018, 02:34:33 PM
Not so long ago, we simplify registration process at our site leaving only the username field...
As a consequence, we are faced with a problem of creating multiple accounts by the same user and abusing faucet (faucet at our site - 0.007 mBTC and only request every 3 hours when balance is zero).
Guys, what solutions do you recommend?  Huh
Thank you!

I am sure that there is a way to prevent someone to do that thing especially if you are admin of the site. You will not have any problem to detect people who are trying to creating multiple accounts and abusing faucet. You can make some limitations for every user especially for people who are coming from the same IP, you can reduce the rewards of the faucet, or if someone caught abusing the faucet, then you can ban his IP. I am sure that you will find a good way to make sure your site secure from the abuse.
I think you are still making people punished for what the abusers are doing. Yes people who do not invest at all and do not deposit to it usually are not the type of people you want however back in the day when I first started gambling couple years ago I loved the faucets because there was a real chance that I grind that to withdrawal amount without depositing any single cent to it, that hooked me to the game, of course I have never managed to do that but whenever I lost I got closer to depositing and eventually deposited one day and ever since than I deposit and play with real money. Faucets was the one that got me hooked, if it was play money back in that day maybe I wouldn't be a gambler today.
You are right Domicbora, faucet really hooks people, let me explain for others why this happens: When you register and play with faucet, sometimes luckily you win, you can win so much to be able to withdraw but this happens very rarely. When you see that you won 0.002 bitcoin with 0.00001 bitcoin, you think that you are smart enough to win much from 0.01 right? Yeah, so when you won 0.002 btc. you decided to withdraw it. Then you begin playing with faicet again, seems you don't win so much to withdraw, so you deposit your 0.002 won. Then you lose it, then you deposit 0.02 in order to win 0.002 and grow your chances of prodit. Then you win or lose but finally you lose, that's all.
3673  Alternate cryptocurrencies / Mining (Altcoins) / Mining and Rendering thread, where to rent GPUs? on: October 16, 2018, 01:49:36 PM
Hellp guys, as I see it's pretty expensive to rent GPUs for rendering some projects and there are some services which offers it. If we compare rendering to mining and consider prices of current companies like google, ultrarender and etc, seems rendering is more profitable then mining.
Is there any place where we can rent GPUs for rendering instead of mining? I can't find similar place.
3674  Economy / Economics / Re: A global currency may be powered by the blockchain on: October 16, 2018, 12:03:50 PM
There was and probably is one global currency and it's Gold, in history silver and gold were used worldwide and also all currencies are backed by gold as for now. There is no need of another currency which will be called global currency. Every current currency is exchangeable so they are global for me but on another hand  many countries' economics depends on usd and there are many countries which doesn't need their own currency because they are economically very weak and big importers, so usd has great chance here. On another hand can't think why we need blockchain technology here.
3675  Bitcoin / Bitcoin Discussion / Re: What is the best place to live if you are a Bitcoiner? on: October 16, 2018, 11:22:40 AM
That's not so easy to answer because bitcoin is money, yeah? It's same if we ask where to live if we have money. There is no country's economy built on Bitcoin. Also if there aren't any regulations, it can change in near future too. You can access bitcoin exchanges in almost every country, if you live in cities, you'll have access on internet too, some villages don't have it. On another hand I wouldn't say that having of bitcoin ATM is any privilege because their fees are very high everywhere. If you own xapo, you can convert btc with very good rate and withdraw from any ATM with fixed and very low fee (heared that they changed something in withdrawal process). Your priority must be safety and cost of living. Btw it would be easy to answer if someonr asks: What are the best places to live if you are a miner? Because some countries, like Georgia for example, offers tax free zone and very cheap electricity costs for them. You can check this country for your question too.
3676  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂CASINO/12 COINS AVAILABLE 🎁50% REFERRAL PROMOTION🎁 on: October 16, 2018, 10:43:15 AM
The maintenance is over and you can read about the changes here and be sure to check that you are using your new deposit address for ripple and not the old one.
That's a good news, I like how you try to make deposits as fast as possible but what about to include every wallet update in one work? It's not comfortable when deposit adress changes very often because most people like me save adresses in their wallet.
On another hand every positive news is great, would like to see new games. Yeah, maybe others offer different games but it's hard to find a casino which you can trust, this is the reason why we want new games from you guys. Cheers.
3677  Economy / Service Discussion / Re: Virtual visa or mastercard on: October 14, 2018, 07:39:40 PM
Hi, does anyone know of a virtual visa or mastercard that exists where verification/ID isn't asked for? I need to pay for multiple accounts on a website under different names, and everywhere I look, ID is required. I tried Entropay but now they decline my transaction when I try to load any cards I create. I live in the UK by the way. Thanks

Have you done some research at your local banks or online wallet services? Because there is a high chance you'll find local one which offers virtual visa possibly without KYC.
Btw in UK it's easy to obtain license, don't trust to every unknown company. On bitcointalk, in Goods section, you can find some people who offer virtual visa/master cards for online payments where you can top up your virtual card with bitcoin.
3678  Other / Meta / Re: New Ways of Ranking System (Suggestions Only) on: October 11, 2018, 08:56:54 PM
These people have fantastic imagination, imagining of those themes needs a talant too lol.
OP what about blockchain based ranking system? Or merit system where everyone has to prove that you deserve one merit.
C'mon man, there is no way to prevent spam and it's not so necessary too, it's a little bit funny when you see how others seriously post threads like bitcoin causes dehydratation and etc stupid things.
No one in real life was able to prevent crime, so in virtual world always someone will spam.
3679  Bitcoin / Development & Technical Discussion / Re: What is use of Checkpoints in a cryptocurrency? on: October 11, 2018, 08:17:27 PM
As you see, Bitcoin has removed checkpoints, so it's not as necessary as you think (it was removed because couldn't prevent any meaningful attack) but yeah, others have it too. The reason why they are using checkpoints is to provenet denial-of-service attack.
3680  Economy / Trading Discussion / Re: Will bitcoin reach $100,000 in two years? Bitcoin statistics and predictions on: October 11, 2018, 06:47:51 PM
In the beginning Bitcoin was only an idea. With a value of a fraction of a U.S. penny. This was in 2009.

Then in 2012 bitcoin gained popularity on the internet and gained its first publicized value of $13.28.

This was the first recorded value of Bitcoin. Now let’s see how Bitcoin progressed over the years…

2009 — $.0003

2013 — $13.28 44266.67X gain in 4 years

2014 — $770.52 58X gain in one year

2015 — $315.42

2016 — $435.82

2017 — $959.15 1.24X gain in 3 years

2018 — $6355.70 6.63X gain in one year

2019 — $? 10k, 20k, 30k, 40k, 50k

2020 — $? 60k, 70k, 80k, 90k, 100k

With these mathematical statistics it is sure enough that Bitcoin will be rising to the 100k mark within the next couple of years.
From your mathmatics I can't understand how you got it, you are doing everything wrongly. From your charts, logically we have to see fall in 2019 if we compare this year to old years but you do opposite. Also you haven't considered what will happen on high prices, we had transaction stuck on 15K and more, probably worse will happen on 30K, 60K. You have to consider how grest miners will be available in 2019, there are a lot of factors, of course bitcoin will rise but not so much, to my mind we will get 60K price in 2021 because of halving too.
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