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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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3661  Other / Off-topic / Re: What to do with my signature campaign earnings ? on: September 12, 2016, 04:01:27 AM
Thats little amount of 0.01 btc per week but if you can raise to let's say a minimum 0.1 btc after some time the best options for you are:

1. Invest in bitcoin casino bankroll --- As with all investments there is high risk to lose your money but so far many of the big online casinos have proved to be profitable in the long run for the investors there although with small profit. If you like what you are seeing and getting if everything is going like predicted, you can add more btc to your investment.

2. Lending--- Try lending but always get a collateral at least 120% of your value that you will give for loan. Also make sure to accept only collateral which can be sold very quickly i.e altcoins.

Stay away from cloud mining, ponzi, Hyips and all shit like that.
This gave a better option to handle your bitcoin. Trading , lending and investing. Just like every other medium of exchange one needs to have the better way of handling it. Gambling is a away of giving out money freely without being stolen.  
3662  Bitcoin / Development & Technical Discussion / Re: Why do you need to download 7 years of chain block on: September 10, 2016, 04:21:02 PM
ok, so I installed bitcoin core latest version and it downloaded over 80G of chain block. Let's assume, just for the fun of it, there are 1000 bitcoin core users out there. That's ~8T of wasted disk space. and considering bitcoin will live another 7 years and it will grow of couse, that's like ~20T of disk space (1000 users remember?) for what? couldn't be a centerlaize, maybe mirrored, location that the client will ask for the chain block from there? Why do we need to download it?
The entire purpose of downloading the entire blockchain is to independently verify it and allow for the independent verification of every single block and transaction that occurs later. The only thing that a full node needs to "trust" is the genesis block, the very first block of the blockchain. This is actually hard coded into the software so that there is a defined starting point. After that, the node downloads all of the blocks from its peers. It will check each transaction in the block, and then check the block to ensure that it is valid. Because each block is chained together and transactions are also chained together, it is not possible to start from any point in the blockchain other than the beginning and still maintain trustlessness.
It answered my question of y download the block chain
3663  Other / Off-topic / Re: What do you wish you could buy with btc ? on: September 09, 2016, 07:50:40 AM
I saw someone mention some things about wishing they could buy gas and food with btc ...
I agree with them both, food especially.

So what about you guys ?
Anything that you wish you could buy with btc ? (legal things of course LOL Cheesy)
Are there any Asian online store that accept bit coin as exchange unit?
3664  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: September 08, 2016, 07:17:42 PM
What do you think about Decred ? I was able to make some profits with PoW and PoS, sold all, waiting.
The price seems to be stable around 1.5 USD, but people say you can have 8% per month with PoS.

Never heard alot people talk about it. Y?
3665  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: September 08, 2016, 07:10:40 PM
Monero is going up consistently for two weeks now so I think it would be a good investment. It already surpass the trading volume and price of Etherium and Etherium Classic which has been in the top for a long time and more trader are getting in the game so I think it would continue to go up for now. Factom and Maidsafe Coin is also going up and down in terms of trade volume so I think it would be a good investment also profiting in the fluctuations.
Just one of the safe time to trade.
3666  Bitcoin / Bitcoin Discussion / Re: Blockchain lecturers on: September 06, 2016, 03:11:07 PM
Andreas Antonopoulos is too self indulgent to be taken seriously as a real lecturer. He has no technical background in cryptography or distributed systems, just a former computing student who doesn't work in computing. Except when he got a job as CTO at blockchain.info, lol. He mostly speaks on internet chat-shows.

Not someone to be taken seriously, however good his comparisons/metaphors for explaining Bitcoin are.

Carlton you not serious about this right? Why do you need a technical expert to speak about the economical/social impact of Bitcoin? Andreas is the best man for the job, because he has the ability to comprehend the difference between coding Bitcoin and applying it in the real world. He has travelled the world, and he has spoken to thousands of people in this scene. I have to differ from you on this one, because I know of no better speaker than Andreas that would hit this out of the ball park.

If this was a technical seminar for programmers and developers, I would have agreed with you. ^hmmmm^


Unserious approach should not be neglected. However the diligence of lecture preparation will deliver a concise and effective knowledge transfer by academics
3667  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help poor countries? on: September 02, 2016, 05:29:31 AM
Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
I like the fact that the exchange rate is universal. Politics in poor country can't affect the currency. Importantly, for any trade into countries with low value currency you make a good sum of money back.
3668  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ◥◣ 6.6 BTC Raised in Week One ◥◣ ICO LIVE - 15% Bonus!◥◣ Postbase ◥◣ on: August 25, 2016, 06:22:07 PM
Is it still available for twitter following bounty?

Yes, the twitter campaign is still on, just follow the steps on page one
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