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3761  Bitcoin / Electrum / Re: [ANNOUNCE] Electrum - Lightweight Bitcoin Client on: June 19, 2015, 09:25:55 PM
When you create a csv with the private keys, will you risk your whole wallet when you give a couple of these addresses, or their private keys, to another person? Could he guess or otherwise get to my other addresses and private keys? If so, why doesnt electrum simply create a single private key then?

I ask because of pos coins, like clams and their initial distribution. Some users import their clams into just-dice.com, by sending a command to the chat window.
3762  Alternate cryptocurrencies / Altcoin Discussion / Re: Some questions about clams on: June 19, 2015, 09:10:13 PM
..... were the coins at that time spread proportionally to the amount on that address too?

....

No you get about 4.6 CLAMS for each address that had a balance above dust when they took a snapshot of the blockchain. It doesn't matter how much or little was in that address provided it was over a tiny amount, you still get the same amount of CLAMS for each address you control. You can claim from Litecoin and Dogecoin addresses in addition to Bitcoin addresses. The CLAMS website explains how the distribution works.

http://clamclient.com/#/equal-distribution/!proof-of-chain

Quote
We took the BTC, LTC, and DOGE blockchains, found every address with a balance above dust, and sent each and every one of them a little over 4.6 CLAMS. It isn’t perfect, but it includes everyone.



4.6 clams doesnt sound so much, i wonder how many clams i would have then. Im sure i had a couple addresses funded.

So is it possible to check for clams with an electrum client? They dont have a wallet.dat which seems to be needed. And currently i use the wallet still. So it would be no good idea to send my private key to just-dice. Even so, i dont want to check thousands of addresses by hand, so an automatic and safe way would be helpful.
3763  Local / Projektentwicklung / Re: [ANN] & [DEV] SpreadBot 1000 der BTC Altcoin Trading Bot (v1.6 Release) on: June 19, 2015, 08:50:11 PM
Ich habe jetzt seit neustem auch Spreadtrading Smiley

Soll ich am Anfang nur Bitcoins haben oder auch schon Altcoins?
Auf was sollte ich achten? (Coin Auswahl/"Pflege")

Grüsse

Meint Spreadtrading Scalping?
3764  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 19, 2015, 08:46:15 PM
the best way is to invest on good altcoins as to sell btc on high and buy more when they lower.... altcoins are getting a good investment on them over 100btc trades as 300 btc on them soo must be online and get in and out in small positions.... this can be done easy on 3 hours with proof

But don't you think that altcoins are too risky to invest in? As I have never used altcoins neither have invested in it have only heard that it is more volatile then bitcoins and there are chances that you may go through the losses in future.
yes, investing in altcoin market has high risks. but remember with high risks comes great rewards. go check out some of the altcoin's price charts and see for yourself that how much profit and opportunity is available in that market.
i am not saying that it is easy and whoever enters will be rich. all i am saying is that it is possible to earn a good profit from altcoin trading with some work and research.

don't invest in altcoin trading, invest in altcoin mining a bit, like 1-two graphic card, and aim at coins that are fresh new, just launched, repeat it endless, the only downside is that it require much time, but it is profitable

Yes it is profitable investing on altcoin mining and it is a good thing but to aim a fresh new altcoin to sell your new altcoin is really hard, if you miss the price will down drastically, you need to a lot of time and you need to online to check it everyday. The point is how are this is going to work if someone didnt have any time to check it everyday?

actually it require much less time in the past good old days, when i was instaming the shit out of that section lol

i spotted a good candidate for a good instamine https://bitcointalk.org/index.php?topic=1092796.0, it's x15 so asic immune, you can mine it with any graphic card, not need to have expensive asic

try to point your gpu(everyone should have one at least for gaming) to it when it will be launched within one week, because i don't know how malicious that dev can be, it is better to run it in VM

Do you think you can mine successfully with your normal graphic card in your computer? I thought that is long time dead. Especially when all the specialized gpu miners turn their machines on you will not get the power costs for the mining back in.

Or is it so different with a new coin?

yes you can with one gpu only, but you need to be really fast, basically after the coin is launched, you need to be there and mine from the first second(even just one second late and the game is done, you can't do much anymore), but this can work only if the first number of blocks are with high reward or normal reward, and not zero or anything like that

a good connection speed may help too

i instamined many altcoin in the past, and there were cases where i was making 0.7 btc in 2-3 seconds, it was one of the most fun thing that i have even experienced in mining Cheesy

*lol* Didnt hear something like that was done. I always though the altcoins were premined so that the difficulty is already adjusted.

Though what you describe sounds like a real game against time. Probably everyone starts it with their gpu mining farm. I wonder what profits they will bring in that way. Oo
3765  Bitcoin / Bitcoin Discussion / Re: Which is the best Investment Option for Bitcoins? on: June 19, 2015, 08:38:57 PM
PoS coins is a really nice option.

I really like DMD Diamond, 100% price growth in the last month.

There are several other interesting options but I strongly believe staking is the best option to make money for home miners.

Is this like clams? Can you find dmd on you old bitcoin addresses or is it only working with staking like with clams?

Im always not so sure if the worth is really there. Price grow 100%? And what profit from staking?
3766  Other / Beginners & Help / Re: Potencial Bussiness In Bitcointalk.org on: June 19, 2015, 07:11:49 PM
Here in this forum i see some potencial bussiness to be create such as lending or be an profesional escrow, do you guys have any idea to create bussiness using this forum?

Lending is better than Escrow , we can growht money 20-30 % per month but you must be careful so many scamer in This forum

You can reliably get that profit per MONTH? Care to explain where and how you do it? If you get this profit per year on btcjam.com then you are already lucky. When you managed to have no one defaulting.
3767  Bitcoin / Bitcoin Discussion / Re: Santander: Blockchain Tech Can Save Banks $20 Billion a Year on: June 19, 2015, 07:06:49 PM
The funny thing is, they have to accept bitcoin as well when they want to use the advantages of the blockchain. Only then its ensured that the blockchan is safe enough. And so far only the monetary bonuses coming from bitcoin mining can ensure an uncorrupted blockchain.

Somehow it makes me laugh.  Cheesy
3768  Other / MultiBit / Re: Help! Multibit made transaction vanish! on: June 19, 2015, 06:27:59 PM
I have read things like that happen often with multibit. The suggestion again was the use of some menu entry that checks the database again and repairs it. Im not sure anymore how it was named. You might ask in the thread for multibit though. Subforum alternative clients.
3769  Bitcoin / Electrum / Re: Lost both seed and my google authenticator to my electrum wallet:( on: June 19, 2015, 06:25:40 PM
When you really reinstalled 2fa on your phone and it shows your 2fa code for electrum then it should be impossible that its wrong when your phone has the correct time. Since the code it recreated should be the same.

Does the other 2FA or dont they work too?

And yes, back of secret key and backup of the backup. As well as backup of the password in keepass and backup of keepass. On top make a backup of electrum on different places. Next time...
3770  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 19, 2015, 05:42:41 PM
the best way is to invest on good altcoins as to sell btc on high and buy more when they lower.... altcoins are getting a good investment on them over 100btc trades as 300 btc on them soo must be online and get in and out in small positions.... this can be done easy on 3 hours with proof

But don't you think that altcoins are too risky to invest in? As I have never used altcoins neither have invested in it have only heard that it is more volatile then bitcoins and there are chances that you may go through the losses in future.
yes, investing in altcoin market has high risks. but remember with high risks comes great rewards. go check out some of the altcoin's price charts and see for yourself that how much profit and opportunity is available in that market.
i am not saying that it is easy and whoever enters will be rich. all i am saying is that it is possible to earn a good profit from altcoin trading with some work and research.

don't invest in altcoin trading, invest in altcoin mining a bit, like 1-two graphic card, and aim at coins that are fresh new, just launched, repeat it endless, the only downside is that it require much time, but it is profitable

Yes it is profitable investing on altcoin mining and it is a good thing but to aim a fresh new altcoin to sell your new altcoin is really hard, if you miss the price will down drastically, you need to a lot of time and you need to online to check it everyday. The point is how are this is going to work if someone didnt have any time to check it everyday?

actually it require much less time in the past good old days, when i was instaming the shit out of that section lol

i spotted a good candidate for a good instamine https://bitcointalk.org/index.php?topic=1092796.0, it's x15 so asic immune, you can mine it with any graphic card, not need to have expensive asic

try to point your gpu(everyone should have one at least for gaming) to it when it will be launched within one week, because i don't know how malicious that dev can be, it is better to run it in VM

Do you think you can mine successfully with your normal graphic card in your computer? I thought that is long time dead. Especially when all the specialized gpu miners turn their machines on you will not get the power costs for the mining back in.

Or is it so different with a new coin?
3771  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Ahead to Nu worlds! (liquidity provision for fun and profit, 9% monthly return) on: June 19, 2015, 05:34:39 PM
If NBT dies, NSR will certainly be damaged a great deal, I have no illusions about that.  What I am saying is that even if 0 NBT exist, NSR's blockchain and history still exist and carry with them all the tools (wallets, programs, what have you) that would allow a functioning peg, to be revitalized at will.  As long as there is demand for a pegged cryptocurrency, NSR can print NBT to satisfy that need.  If they have a history of keeping NBT = $1 even when there is no market demand for it, why wouldn't people trust it enough to just use it as a unit of exchange?

Though it might be open if someone would trust a nubits2 then. Which ultimately would put the value of nsr under pressure since the tools owned by nsr look very specialized for exactly this topic. Nearly no value outside of nsr and nbt, am i right?

The way trustless liquidity provision works is by making API calls for a particular user account on an exchange on the behalf of a client.  The client (you) runs a python script which places orders and lets the server verify where its orders are placed.  The server then registers a liquidity reward every minute and sends the reward once a day.  The system is trustless, meaning that you can read and edit the python script you run in any way you wish without compromising the integrity of the operation.  If your orders are not where we want them to be, we will not credit you.  You do not have to run any code you cannot read and edit freely.

So the software is open source and a backdoor is unlikely because of that. Its not even so that a nsr company server is placing the bets. Your software places the bets and the server checks if the bets are placed correctly. Though i wonder how the server can be sure you report the bets correctly, when he cant check himself. So that you dont claim orders placed by others.

Actual trades are not registered by the server and do not count for or against your reward.  On an NBT/BTC pair, you can see how this introduces complications of losing funds when BTC price declines or fluctuates greatly.  On an NBT/USD pair, however, it should be clear that actual trades do not hurt the liquidity provider but are rather a source of profit depending on the allowed spread.  NBT/fiat pairs are also reasonably stable and provide a similar benefit.  The high liquidity rewards are because liquidity providers are either on a volatile BTC market or providing on an exchange with dubious solvency.  B&C exchange will change this and should drastically lower liquidity rewards in the long term.

Ah... you mean the 9% isnt for the NBT/USD or FIAT pair, its compensation for a risky pair or exchange in order to compensate for the risk?

Then whats the dividend on nbt/usd pair?
3772  Alternate cryptocurrencies / Altcoin Discussion / Some questions about clams on: June 19, 2015, 05:06:24 PM
I think i got how staking works now. When you hold clams then you will get a clam reward from staking occassionally. The amount of clams matter too. The more clams you hold the more often you get a reward.

How did this other thing work? I have read that when you held coins on a bitcoin address at a certain date then you might already own clams.

Isnt it risky to import your private bitcoin wallet keys into a clam wallet? Wouldnt that compromise the bitcoin wallets security? And were the coins at that time spread proportionally to the amount on that address too?

Would this include a security risk in regard to who owns the bitcoin addresses? Would ones bitcoin addresses be known to the clam network? I guess at least one should not do a big transaction sending all clams from all bitcoin addresses to a certain address. Then all these bitcoin addresses are known to belong to the same person.

Besides... are there more coins of that type where you only would need to check if you got some of these coins on your bitcoin wallet addresses? Sounds like one easily could find some coins and sell them on an exchange if true.

Thanks!
3773  Bitcoin / Mining speculation / Re: Best investment place? Mining or Investing or Trading? on: June 19, 2015, 04:38:54 PM
I personally choose trading. But now i choose do nothing Cheesy (i need more learning about trading).

What wait haoBTC?

Could put my btc in there and earn 12% interest?

Looks like promising, https://bitcointalk.org/index.php?topic=1085039.0


~iki

Looks like 12% annual return. So its similar to dice sites like it was with just-dice.com when they still used bitcoins.

Though i think its risky. They dont tell where the profit should come from, am i right? And they show 15% return on the picture. As long as there is no clear plan about where the profit comes from and why they need investment, where they invest it in and so on... i think its risky and not so very much rewarding.

Its 12% (for over 10btc deposit) and rises by 1% per month till around 16% at the end of the year.
Its not worth it for me.
They also get their payments from mining, they have a big farm in Chine you can read all about it.
Its very open and lots of pics which is encouraging.

From mining? Rising profits? Thats something new and sounds risky in itself. Mining business is hard and they promise practically fixed returns.

And promises in the mining area, coming from mining companies... thats a whole story for itself...  Cheesy
3774  Bitcoin / Mining speculation / Re: Best investment place? Mining or Investing or Trading? on: June 19, 2015, 04:00:54 PM
Just go for trading as it is simple Buy Low Sell High..Just wait for the correct time when to buy and when to sell

You can use indicator as tools for your technical analysis.

So with what indicators do you trade? There often enough is a "correct time"... at least you think... and shortly after it shows you that you thought the wrong way. So care to explain what indicators and entry points you look for?
3775  Bitcoin / Mining speculation / Re: Best investment place? Mining or Investing or Trading? on: June 19, 2015, 03:58:42 PM
Im not 100% sure what I am going to do yet.

I havent really looked into Sig Campaigns.

Signature campaigns arent for you. At least not when you think about investing 40BTC. They are only payment for posting while wearing a signature with an advertisement. See my signature, its the best paying one that is no scam so far.
3776  Bitcoin / Mining speculation / Re: Best investment place? Mining or Investing or Trading? on: June 19, 2015, 03:51:30 PM
I personally choose trading. But now i choose do nothing Cheesy (i need more learning about trading).

What wait haoBTC?

Could put my btc in there and earn 12% interest?

Looks like promising, https://bitcointalk.org/index.php?topic=1085039.0


~iki

Looks like 12% annual return. So its similar to dice sites like it was with just-dice.com when they still used bitcoins.

Though i think its risky. They dont tell where the profit should come from, am i right? And they show 15% return on the picture. As long as there is no clear plan about where the profit comes from and why they need investment, where they invest it in and so on... i think its risky and not so very much rewarding.
3777  Bitcoin / Mining speculation / Re: Best investment place? Mining or Investing or Trading? on: June 19, 2015, 03:44:14 PM
Hey guys.

So lets say I have 40btc.
My aim is this... I want a 2nd income to pay off debts.

Where would be the best place to get some good returns?

I'm currently in Scrypt.cc and making 17.5btc per month.
This is a GREAT 2nd salary and goes towards my paying off debt.
BUT I am a bit worried and skeptical of them and want to move my 40btc elsewhere somewhere more safe.

I currently have 5x AntMiner S5's over at Hashnest but daily output is sooooo small.
I could put the 40btc in and buy another 25x S5's but that only nets me around 6btc per month without difficulty increases.

I have dabbled with trading (didn't go so well for me), I also have some bots like CAT (Cryptsy api), and Haasbot.
But I cant seem to get my trading right or for it to be profitable enough.

So that is why I'm coming to you guys.

Where would be a great place to put 40btc to earn me some good cash per week/month.


with 40btc you can join whlaes club and let's rock with BTC-USD trading Smiley that better you lost your money in ponzi site like scrypt cc

Did you trade with them? I only see them posting random, and often contradicting, technical analysis on their blog. So i really wonder if someone, who follows them, somehow, will make a relatively sure profit.

Maybe you need to know certain protagonists that know how to interprete charts. Do you have a tip then? Send me a pm if you have... Smiley
3778  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Ahead to Nu worlds! (liquidity provision for fun and profit, 9% monthly return) on: June 19, 2015, 03:36:41 PM
You are thinking about it the right way now, it is like a company.  Do you really think $100k/year is more than we can ever pay back?  The NSR marketcap fluctuates by more than $100k in 1 day.  Companies like Tesla have liabilities in the millions.  Our assets will grow.

NSR holds its value because of the investment to infrastructure we have in Nu.  Even beyond the actual infrastructure, what you have to realize is that history of maintaining a peg while simultaneously having market volume is what gives NSR its true value.  The longer we hold the peg, the more valuable NSR becomes.  There is a concept of reputation here.

By the way, the buy support went to zero a couple months ago, which prompted the NSR auction motion that bought back 6,000 NBT in the last month.

Its not about being able to pay it ever back but to be able to not collect debt all the time. And yes, Tesla has the trust of those investing or giving that credit. They are a great innovative company and the outlook is great. You most probably will say the same about nsr.

Though... what is that infrastructure of NSR? Voting rights, liquidity provision tools, wallets, whatsoever are all tools that only have a value in NSR NBT. Its not that both can crash in value and you still can sell the infrastructure. They are bound to it.

So you say, even when nbt would die, it would not hurt nsr? Hm...

Anyway... i still dont fully understand the process of liquidity providing. Let me know where im wrong:

You need an account at the exchange and then you fund your account with any currency you want and that can trade against nbt. You need an account with the exchange though the software can trade in your account. You have to trust the software and the exchange.
The open source software is using your account to trade nbt.
Will you get rewarded for trades happening or for offering the value?
It sounds like you only have to put the threshold as low as possible in order to get rewarded with the server max reward? Dont know what that means.
Do the actual happening trades bring you losses in the form of trading fees and losses in the form of traders trading against nubit? If so is the 9% already cleaned from this?
How do you get rewarded? In NBT? I believe i have read the rewarding coins are created so that users that dont take part get their value diluted.
So if you want to go out you need to liquidate all your nbt at once, probably doable for around $1, right?

What i would like to know... whats the amount of NBT that is paid out for liquidity providing each month. And what value is created with nsr to back this? And which part of this value is not bound to nsr or nbt, that would survive even both things die.
3779  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Ahead to Nu worlds! (liquidity provision for fun and profit, 9% monthly return) on: June 19, 2015, 02:53:29 PM
There are many flaws in what you're saying.  You're starting out by saying that the peg will break, then saying that when that happens everything will fail.  My counter argument centers around the fact that the peg has broken many times on individual exchanges, and we've gone to $0 buy side support before.  Yet NBT is still worth $1.  How can that be true if what you say is true?

That sounds interesting. But it didnt happen to the big exchanges yet and did it happen at the start, where only the hardcore fans were in it or did it happen later, when all the fans were attracted? I guess the core will way more likely hold and not be shaken, though speculators most probably will do this fast.

There are tiers to our system.  Liquidity is what you are calling '% backing' and it is only the first defense.  It represents how much money we can mobilize near-instantly to reestablish the peg.  To balance our liquidity and leverage the NSR market for additional support, we perform share auctions and buybacks.  As a final, overarching mechanism we can implement parking (interest) rates and peercoin distributions.

You keep trying to talk about % backing.  If you are stuck in that paradigm, fine, let's talk real numbers for % backing.  Yes, there are 600,000 NBT in existence, but 400,000 NBT are held by trusted people currently as a reserve because we are not fully able to create and destroy NSR and NBT yet (still a work in progress).  That means the total 'debt' for Nu is $200k while it's NSR marketcap is $1.7M (% backing = 850%).  Let's even go so far as to say they all sell them at once (a situation which would in reality never happen).

So your only question here is can Nu absorb a $200k loss without NSR going to $0?  If you look at the NSR marketcap it's clear we can.  If we print 200mil NSR and sell them at $0.001 (which would be reasonable in my opinion) we could buy back and every single NBT at $1.  Since you said the peg was broken in this hyper extreme situation, we wouldn't even have to pay the full $200k because NBT is being sold on the market for less than $1 if the peg is broken.  Buying back every NBT would make NSR bleed red, but we could do it.

The real question is why would we do that?  That would destroy our momentum.  Yes, we would survive it.  Yes, the peg would be reestablished.  Yes, we would finally show doubting people like you that the system clearly works.  But we would burn all the great actors that have played a part in this movement thus far.  The better option is to continue to support this working system, as it has actually succeeded at separating the volatility out of its unit of account.

Additional profit is a whole different conversation.  There are many sources available, such as modified transaction fees and NBT loans.  You're looking for a complete money-making business that has a net return within 6 months of its creation.  This technology is so new it makes bitcoin look like a grandfather.  The prospects for Nu are extremely high and it is changing continuously.  Rest assured that the fundamental economics of it make sense and the only barrier to our pure profit is some hard work, dedication, and time.

You assume that it would be possible to support NBT with selling NSR. Are NSR backed by something? I thought they are a normal altcoin whose price is established on the markets. So why are you so sure that, in case NBT is crashing, NSR will hold its value so that it could support NBT? Though you say that probably wont happen because NSR holders would be screwed. That sounds like you say NSR have an intrinsic value? Funding, or did you mean they trusted the system till then?

Lets go at it another way... the USD isnt backed by gold, its backed by the economic power of the US in the future. Though even though many think its way too underbacked there.  Roll Eyes

Anyway... nubits are backed by NSR, which seems to be a similar approach. NSR is a company of some form. Or a stock of a company.

So can you first explain how the liquidity provision works? Does someone buy NSR with money to fund the development of the company? And what are the dividends be paid out in, NBT?

Anyway... the underlying thing would be that you hold stocks of a company you invested it. Luckily an investment you can go out anytime if all goes well. Though the question is if that company can yield those returns. Its similar to a country. You dont want that this country gets in debt more and more each year. At the moment nubits look a bit like they take more debt than they can pay back... so to say.

Can you explain why thats not the case? Thank you!
3780  Other / Beginners & Help / Re: Faster BTC confirmation time on: June 19, 2015, 01:53:38 PM
How to make faster BTC confirmation times from Blockchain with standart fee 0.0001 BTC  Cheesy If you have let say 500 confirmations, it takes a lot of time  Grin

Once your transaction got the first confirmation its not possible to change the speed of confirmations coming in since there are only 1 block every 10 minutes in average be found. And you will only get 1 confirmation each time.

Even when you get included in the first block, which means confirmation 1, cant really be adjusted. You only can try. But i already had it that i put a decent fee into it and it took hours. Since then i only pay the minimum fee and i have no problems getting included. So for me changing the fee doesnt make much sense.
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