Bitcoin Forum
June 20, 2024, 06:26:54 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 [193] 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 ... 480 »
3841  Alternate cryptocurrencies / Mining (Altcoins) / Re: Hello, i need help. How to build farm? on: September 27, 2017, 12:51:40 AM
I'm not an expert on this, but if you install an air conditioner to cool the room, it will double your electricity costs.
3842  Bitcoin / Bitcoin Discussion / Re: Sent Bitcoin but no fee was docked. transaction block states there was 1 though on: September 26, 2017, 02:00:34 AM
I sent this from the Gemini exchange wallet.

Gemini pays the fee for you.

If you sent the bitcoins from your own wallet, you would have to pay the fee yourself.
3843  Other / Beginners & Help / Re: private Key ? on: September 25, 2017, 09:26:01 PM
What is a Privet key? it like a password that is provided by your wallet so save it at your note or memo.
private key is the unique  long password to avoid  any body can try to login your account or somebody try to crack your account  if you have private key it means your wallet is safe..

No. You both have no idea what you are writing about. Please stop spamming nonsense just to increase your post count.
3844  Other / Beginners & Help / Re: What’s up with the people looking down on us beginners? on: September 25, 2017, 07:23:16 AM
If your reason for posting on this site is to earn money from a signature campaign, then your spam is worthless and you are trash, regardless of your rank.
3845  Other / Beginners & Help / Re: How do Bumping & Dumping work? on: September 25, 2017, 07:15:46 AM
I've heard of organized groups of people that sums great capital together, they choose a coin, then invest on it (bump) ten just wait for the price to rise, like even get a x2, and then (dump) it.
Is it really a good and organized way to make profit from small coins? Is it really that simple?

It's called "pump-and-dump". Here is the wikipedia article: https://en.wikipedia.org/wiki/Pump_and_dump

In the "pump group" scam, which you are describing,

1. The scammer convinces a bunch of people to join his "pump group", promising big profits from organized buying and selling.
2. The scammer buys a large amount of a particular coin.
3. The scammer then tells the group to start buying that coin at a certain time. This is the "pump".
4. The members start buying and the price shoots up as they buy. The scammer sells his coins at the inflated prices. This is the "dump".
6. When members stop buying and start selling, the price crashes and they are left with worthless coins.
3846  Bitcoin / Bitcoin Discussion / Re: Unexpected transaction on: September 25, 2017, 06:52:59 AM
During the Sochi Olympics, somebody sent satoshis to thousands of addresses. It happens periodically and I don't think anyone has figured out why.

But since different addresses in the transaction are getting different amounts, maybe it is a faucet paying off a bunch of accounts automatically.
3847  Bitcoin / Bitcoin Discussion / Re: Important dates in cryptocurrency (rookie here) on: September 24, 2017, 08:38:34 PM
So, I understand that ... we have a block halving in 3 years.

Here is a site that counts down to that event: http://www.bitcoinblockhalf.com/
3848  Bitcoin / Bitcoin Discussion / Re: Who validates BTC miners? on: September 24, 2017, 07:21:12 PM
Hello guys and girls.
I was wondering who validates BTC miners?

Nodes (including other miners) validate the blocks that a miner produces. An invalid block will not be propagated and no node will consider an invalid block as part of the block chain.
3849  Bitcoin / Press / Re: [2017-09-24] North Korea Bypassing International Sanctions with Bitcoin Mining on: September 24, 2017, 06:31:42 PM
... According to the Virginia-based intelligence research firm, Recorded Future, Bitcoin mining could potentially become a major source of income for the North Korean government. ...

North Korea must be really hurting if mining Bitcoins could be a "major source of income". Right now the total yearly mining revenue is only 650,000 BTC. If you mine 20% of that and your profit margin is 20%, then your income would be 26,000 BTC, currently worth around about $94 million.
3850  Other / Beginners & Help / Re: Atomic Swap on: September 23, 2017, 05:31:11 PM
Is it possible to use Atomic Swap in near future to dump exchanges like Poloniex?

The basic function of an exchange is to provide a marketplace. Even with atomic swaps, you will still need a way to get people together to make the trades. In the future, there still will be exchanges though they might be decentralized.

So i could sell bitcoins when price is high to another coin which price have been for long staying same and later when bitcoin price is low i could change another coin back to bitcoin. Or it would be better if i could use something like usdt not some random coin.

Using USDT requires the trust in the company that issues it.

Quote
Every tether is always backed 1-to-1, by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD.

Oh, really?

Quote
There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money.

 I don't use USDT because I don't trust it.
3851  Other / Beginners & Help / Re: The rise of multi-tier masternodes on: September 23, 2017, 05:24:47 PM
The basic idea behind a stake-based master node is to implement a hybrid PoW/PoS system.

It seems to me that adding tiers could add complication, barriers, and friction without having any real value.
3852  Alternate cryptocurrencies / Altcoin Discussion / Re: How do ICOS's work? on: September 23, 2017, 05:03:32 PM
An ICO is an investment in the future of a business or technology.

Generally, a group of people will propose a project to build a technology or a business, and they sell the coins that the project will use. If the technology or business is successful, then the coins might have some value in the future.

ICOs are extremely risky. It is likely that most ICOs are just scams, and it is also likely that most of the rest will fail. And even then, the values of the coins for the few projects that succeed may never reach the value that you paid in the ICO.
3853  Economy / Service Discussion / Re: Is Bitcoincollector a legit site? on: September 23, 2017, 04:53:08 PM
The easiest, fastest, most convenient and most effective way to obtain bitcoins is to buy them.

You can spend weeks clicking on links or spamming the forum or whatever to earn maybe 0.001 BTC or you can pay $5. Your choice.
3854  Bitcoin / Press / Re: [2017-09-21] 58 Insane Facts About Bitcoins [Infographic] on: September 22, 2017, 02:55:44 AM
There are some inaccuracies. For example, #24: There will be 34 halvings, not 64. See  https://en.bitcoin.it/wiki/Controlled_supply.
3855  Economy / Trading Discussion / Re: what do you think about pump and dump? on: September 21, 2017, 09:25:56 PM
The pump and dump is one of the beautiful thing in bitcoin and other cryptocurrencies because it will help us to earn money through trading and it is easy to take advantage since the markets of cryptocurrencies are always online 24/7 so it is a great way to make money.
I think pump and dump is an opportunity for success, if you can read and take advantage of the situation well then you will get extraordinary profits, if the price plummet is a moment to buy and if it rises it is a moment to sell.

That's a foolish thing to believe. Pump and dump is a scam, and if you aren't running the scam, then you are the victim. If you don't know what pump and dump is, then just look it up here: https://en.wikipedia.org/wiki/Pump_and_dump

If you believe that pump and dump is just the price going up and down, or that it is something that whales do, then you are going to lose all your money if you get involved.
3856  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: September 19, 2017, 06:35:32 AM
The best time to buy was several years ago. The second best time is now.
3857  Other / Beginners & Help / Re: LOOKING for reliable SIGNAL services on: September 18, 2017, 03:41:55 PM
I joined some of crypto pump group in telegram, mostly scam, when they announce something means it's done, only one or two group can be believed, no idea for paid members, maybe worth to join.

Paid members? That's a scam, too. lol
3858  Other / Beginners & Help / Re: I keep getting hammered with rude comments so let me try once more. on: September 17, 2017, 05:15:06 PM
1. Bitcoin Cash fans consider it to be the real Bitcoin, so taking "Bitcoin" out of the name is considered derogatory.

2. Bitcoin Unlimited is a wallet and organization supporting a larger maximum block size. There might also be a Bitcoin Unlimited coin, too. Who knows?

3. Full nodes relay transactions and blocks to each other. Bitcoin Core is one of the implementations of a full node for Bitcoin.

4. It is not necessary to learn a programming language in order to learn how the parts fit together. On the other hand, knowing a programming language might be a good skill to have.
3859  Bitcoin / Press / Re: [2017-09-15] JPMorgan's top quant strategist, echoing CEO, compares bitcoin to on: September 17, 2017, 04:53:42 PM
Quote
"It is believed that an unknown person (or persons) known as 'Satoshi Nakamoto', before disappearing, mined the first 1-2 million coins or about 10 percent of the coins that will ever exist."

He added, "Mining becomes progressively more difficult, and eventually unprofitable."

Both of these statements are false.

First, the actual estimate is under 800k. That estimate is typically rounded up to 1 million. He goes one step further and doubles it.
Second, mining is, has always been, and will always be, profitable for some and unprofitable for others.

However, there is nothing wrong with comparing Bitcoin to a pyramid scheme. If you only consider it as an investment or a store of value, then it does have many aspects of a pyramid scheme. However, the investment and store of value aspect of Bitcoin is mostly a byproduct of its primary utility, which is as a payment system.
3860  Other / Beginners & Help / Re: Curious beginning on: September 17, 2017, 01:02:17 AM
I dont understand that...how one can earn alot of money from this forum Huh Huh
You have to spam the forums without getting banned, and you can work your way up to maybe $2 per hour after 6 months or so.
Pages: « 1 ... 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 [193] 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 ... 480 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!