Here you go.

https://en.bitcoin.it/wiki/Mining

ELI5 version: Various transactions that are still waiting to be added to the blockchain are sent to the miners. The miners take the transactions that they approve of (depending on fees and other factors) and perform hashing operations on it. What's hashing? Well, that would take a separate ELI5 discussion to answer, so for now, think of it as a complicated series of operations similar but not equivalent to encryption. Anyway, every miner hashes their own list of approved transactions and the first one to submit a valid hash gets to "mine" the next block of the chain. Essentially, it allows that miner to add the next block to the chain, getting all those transactions that they approved to be approved by the whole Bitcoin community. And that's it. I simplified the explanation for ELI5 convenience, but that's the gist of it. Go to the wiki (via the given link) and read that if you want the more detailed explanation.

I really want to play with the self-destructing message feature, but I haven't been able to connect to any seed peer since I first started a couple of weeks ago. Would it be possible to get a DDL of a bootstrap file or the blockchain or something of that sort? A copy of the previously mentioned .bin files would be appreciated as well, if that would help. I'm still unfamiliar with the difference between Bitcoin-based wallets and CryptoNote-based wallets, so my terminologies and my understanding of the general workings of the coin may not be accurate. Hopefully, my request is still comprehensible.

No. Instead of trusting a faceless organization, you would now be trusting a single individual who would get firsthand knowledge of your Bitcoin address. If you know that individually personally, then the track will be ever so closer to you. Otherwise, you just trusted someone who doesn't owe a shred of loyalty to you with information that would lead back to you.

If you want to thoroughly mix your coins, then repeatedly swap them for altcoins (with not-so-volatile values) under multiple accounts and using different IP addresses, transferring them across multiple wallets during the process. That will require a lot of effort, and your balance will take a hit from multiple fees incurred, but you'll obfuscate your tracks to a degree that it would become obnoxious to follow it. You can even throw some into a mixer along the way since that's what they're for. Whether mixing coins itself is justifiable, I leave to your own rationalizations and delusions.

There is no justifiable reason for anyone to buy an account. If you want to buy an account in order to participate in a signature campaign, then you might as well just invest your Bitcoins somewhere else and make a profit without spamming here. If you want to buy an account in order to ask for an honest large-scale loan, then just do it honestly and properly provide collateral. If you want to buy an account in order to scam, then just kill yourself instead. See? There is no justifiable reason at all.

TLDR: Don't.

In theory, in a world without fiat, there would no point in basing Bitcoin's value on gold. Fiat's value is based on gold because the local governments possess gold reserves to back the value of fiat. Since Bitcoin is decentralized, there would be no gold reserves backing its value -- not unless some rich, altruistic investor provides a supply and insures everyone's Bitcoins with it. The only "thing" that can back Bitcoin's value are the products and services that people are willing to trade for it, and that's where its value would be based on. In the theoretical scenario, the market would initially look like a primitive type of barter system where values are skewed. However, as more services are rendered and more products are traded, the value will gradually stabilize.

Personally though, in a world without fiat, I would rather have a steady source of clean water and healthy food rather than any number of Bitcoins. A world without fiat can only be one of two things: an ideal utopian society where technology is absolute and Darwinian principles have culled most outliers, or a Mad Max type of world where a one-gunned man reigns king. The latter just seems 99.9999999% more likely to me.

Evidence and provability are paramount on this discussion board. When you see someone begging in a post, you can easily tell that that's what that poster is doing. The same goes for posting referral links, copy-pasting other member's posts and running a spambot. However, scams are harder to define. While it's true that some scams are obvious, it would still have to be definitively provable in practice, and trying to prove every scam as such is just too much work for the mods. That's what the trust rating is for. Instead of having the mods run around trying to prove that a dubious project is a scam, they can just delete the easily provable spam posts while the members police and monitor themselves against scammers.

Technically speaking, that doesn't really solve anything. Since we're assuming that the sold accounts with Legendary rank belong to members who have properly earned them, then there's no reason to not assume that the chosen escrow holder's account itself is not a sold account.

I believe that the best -- for lack of a more suitable word -- solution to this epidemic would be to revert any account that has been proven to have changed ownership back to Newbie rank. It would definitely be a major deterrent to the account selling industry if account buyers were to lose the very thing that they paid for, while still leaving the account itself more or less intact.



Oh, look! A newbie who posted without reading a single post on the thread! He didn't even bother reading the OP itself. If I was an evil mastermind, I'd urge everyone to PM this newbie telling him to read the OP and other members' posts before posting because posting without reading is just a different form of spamming. If I was a sly evil mastermind, I would do that but end this post with a winky face emoji to let other members know that they should take my urging seriously. Too bad I'm neither evil nor sly. Oh well.

...winky face emoji.

I don't understand why you would need a warning in order to "learn". Unless you're a child or naturally stupid, then it should be quite obvious that copy-pasting a post would not be allowed. Does common sense not exist in certain parts of the Internet?

By the way, you also let it slip on that banned account's last post that another one of your accounts was banned, and another member warned you that all of your accounts (including the banned account that is currently the subject of discussion) would also be banned for ban evading if caught. Copy-pasting aside, your account would have been permanently banned for ban evading anyway.

Yes, the villages are a good source of DP. If you find yourself unable to play for long periods of time, then logging in at regular intervals to sweep your villages of resources will provide you with a steady flow of gold and DP. If your inability to play consistently persists, then you can still build a village to a sufficiently high level and sell it for DP or coins on the Village Market.

Logging in every few hours to collect some gold from your kingdom's treasury is also helpful even if you can't play all the time.

There are really a lot of ways to play even if your schedule is inconsistent. You just need to click around the website and check out what's available.

Character Name: Rimuru

A negative trust rating placed upon you by another member is a practical and visible representation of that member's level of trust or distrust towards you. If the member who gave you the negative trust rating still distrusts you, then that member is not obligated to remove that rating to make you happy. Your negative trust rating states that you supported a ponzi. Deleting your post doesn't erase what you did, and promises don't mean much when you're hidden behind a computer screen with nothing to lose.


Operating and/or supporting a known/obvious ponzi scheme is scamming.

Shapeshift's code is proprietary code and is not going to be (and practically never will be) available for you to tinker with. You will have to create your own code from scratch.

If you are indeed a "noob at programming", then you will need to learn some useful programming languages first, as it will involve quite a few of them. At the very least, you should know a little bit of C/C++ to understand the source of Bitcoin Core, as well as HTML and PHP to set up your client-side interface. As for the server-side implementation, you can use whatever programming language that you are comfortable with, so you'll need to learn even more languages. You won't be any closer to writing such code for at least a few months of studying, so you might want to think about hiring someone to do this for you instead if you're serious about getting this done.

Now, if you want to turn this into a proper business, then that will be an even longer road as you will also need to acquire some server space, implement adequate server security protocols and possess a sufficient budget of coins to trade against. It's not something that a single hobbyist should be messing about with, honestly.

Your "earnings" primarily come from the amount of Dragon Points that you can accumulate, which are highly dependent on how often you play the game and how far along your progress is in the game. The higher your character's level is and the more source of Dragon Points you can acquire for yourself, then the higher your "earnings' will be. However, if you're just starting out, then you'll find that you will most likely be getting less coins than you would from a faucet given the same amount of time playing. Once you become accustomed to the game and learn more about the various features of the game, you can figure out a good playtime-to-coin ratio that suits your schedule.

There isn't a definite "average BTC profit" because everyone plays differently. I'll try to relate the typical game scenario in numbers -- hopefully, it's accurate enough.

1 Dragon Point (DP) converts to 1 satoshi

1 battle with a regular mob = 1 DP (early levels)
1 battle with a boss mob = 2 DP (early levels)

Assuming that it takes 1 attack to defeat a mob, then battles should take about 3-10 seconds to finish (counting the result page), depending on your latency and page loading speed.

You have to explore the map in order to have a battle encounter. Let's assume that it takes your browser 1-2 seconds to load the page during exploration, not counting latency issues. Assuming that you encounter a mob after every 2 squares of the map explored, then it should take you at least 5-14 seconds to get 1-2 DP (1-2 satoshis).

Once your character levels up, you are immediately awarded with 1000 DP (1000 satoshis), but the time required to level up increases proportionally to your character's level.

Considering only battles, you might make about 10000 satoshis during your first day (an hour or so total playtime) due to leveling up easily. After that, your "earnings" might significantly decrease or stay relatively stable, depending on how much you play.

There are also other sources of DP, so can also take advantage of those when you encounter or find out about them.

On average, if you don't intend to play the game frequently, then you might not get as many coins as you would just visiting one of the higher-paying faucets. I suggest playing the game for the sake of playing and not "earning", or you'll end up having a tedious experience. That's not to say that you won't get a lot of coins playing -- you should be able to as long as you find your stride. However, the game requires greater involvement than just typing or clicking captchas, so you should focus on enjoying the gaming experience rather than how much you can get from playing it.

Character Name: Rimuru

That's a little hard to answer. Certainly, it's possible, inasmuch that you can make a profit buying any random coin and selling it for a much higher price. However, compared to a regular random coin trade, the risk is completely dependent on at which point during the pump and dump process you entered in. If you buy in during the initial pump, then you have a good chance of making a tidy profit, assuming that the pump and dump successfully lures in other unsuspecting buyers. If you buy in during the dumping period -- when the pumpers are now getting back their investment by dumping their stash back onto the market -- then you'll be funding the profit margin of those who bought in earlier instead. Very rarely, the price will continue to rise even when the whales and pumpers have started dumping because the late buyers are unable to read the trend of the coin. However, as you can only sell your coin for however much another trader is willing to buy them for, it's not like you can just put up a coin with some ridiculous price tag and expect it to get sold. Even with a profitable tailing of a pump, you will only be able to sell your coins at a price equal to or lower than the price which the dumpers decide to cash out on.

Having said all that, I don't recommend trying to tail a pump and dump for profit. Ethically speaking, you would be enabling the dumpers to keep cheating other traders in exchange for a very small piece of the pie. Financially, it's a riskier gamble than buying a coin after doing your due diligence.

It is not "rising in price". Someone is pumping it to dump it for a profit later on. As far as I know, Yob*t is the only exchange that is hosting that coin, and the charts clearly indicate that someone pumped the coin by buying a huge volume for about 11x its market price. That coin has not had any development for over a year, so it can be considered a "dead coin" for all reasonable intents and purposes. It is not unusual for dead coins to be chosen for pumping and dumping by P&D teams. It's an especially common occurrence in that exchange. I don't recommend paying the pump any attention. A pump that steep can only end badly.

Your proficiency in the English language is severely lacking. While international support is necessary, it would still make more sense for the Bitcoin Foundation representative for an entire city to be "acceptably fluent" in English since communicating with the rest of the (largely English-speaking) Bitcoin community is essential.

At least 25% of your most recent posts are about you not having money, you looking for opportunities to make money and you wanting to get Bitcoins. Your motivations for volunteering for such a position are clearly suspect.

You have been more than vocal about supporting altcoins -- which you call "megatrend coins" -- not for the purposes of technological advancement but to get money.

You don't use drugs. Fine, we get it. There's no need to remind us of that every other post. You know who else likes telling people that they don't use drugs every few minutes? People who use drugs. Just pointing out an observation.

This is a very stupid question. Very stupid.

One of the primary selling points of Bitcoin is that transactions are irreversible. That is one of Bitcoin's core principles. Removing its irreversibility would be changing its nature, essentially killing it. Bitcoin without irreversibility is not Bitcoin. Making transactions reversible would be akin to making candy poisonous. "Hey, what would happen if all candies became poisonous?" Stupid, STUPID question.

I can imagine an online service building a platform on top of Bitcoin which allows reversible transactions by locking withdrawals for a certain period of time, but Bitcoin itself would remain irreversible throughout that whole process.

Stupid question. One from a Senior member account too....

There are 'ways', but I believe that the most reliable method would be to write a bot for yourself which specifically harvests the information that you require. That way, you can crosscheck information across several exchanges as well as market comparison sites. Upon doing a quick search, the following altcoin-driven exchanges seem to have APIs that expose information on coin flow: Bittrex, Bleutrade, Cryptopia, Poloniex and Yobit. I'm not sure if sites like cryptocoincharts.info and coinmarketcap.com have public APIs -- I didn't look -- but you can just have the bot scrape the information from the site by itself.

The mods cannot define spam, unfortunately. By its very nature, spam is anything meaningless, irrelevant and/or unsolicited. Since those are, to an extent, subjective, then determining what is spam is itself a subjective endeavor. That is the current system in enforcement -- subjective moderation of spam -- and it really is the only real way to handle it. I think it's enough though, especially in your case. You were really spamming it up.

Here's a good way to determine if you're spamming: if you're only posting for the sake of posting, then you're already spamming. (Someone also already said that before, I think.)

You don't always have to post. Do you know how many times I've wanted to post on one of those superspam threads just to tell all those spammers what massive douchebags they are? Tons. But I don't. I hold my tongue and refuse the urge to post, because that in itself would be spam, in addition to being a hypocritical post. There are also times when I just wanted to "lol" at a post for being witty or likeable, but I can't spam the thread just to do that either. So what I do instead is quote the post and PM the poster. See what happened there? No spam, but I still got to express myself.

One-liners aren't necessarily spam. If someone created a thread to ask for something simple (yet still worth starting a thread for), then you might have to reply with a one-liner for that. In fact, rarely, even a couple of words might suffice. In that case, your post wouldn't be spam. But if someone has already posted the necessary reply before you and you just post it again because you didn't read the whole thread, well, guess what -- you just spammed. And that goes for multiliners as well. And of course, if your post doesn't help benefit (EDIT: 'benefit' has more practical connotations than 'help') anyone who reads it, regardless of how lengthy it is, then you're obviously spamming.

It's all subjective, really. I guess it's like American Idol -- oftentimes, one or two judges might not vote for you to go to Hollywood because of personal preferences, but they are not to blame if you're naturally tone-deaf. Just exercise your common sense.

Here's a quick step-by-step guide:

1. Run your Bitcoin client on a clean and secure computer that is disconnected from the Internet. (We're going to assume that no one is spying on your screen and that no delayed screencap malware or keylogger is installed on your computer.)
2. Generate a new Bitcoin address.
3. Save your Bitcoin address on a text file, or write it down on a piece of paper. (This is only necessary if you intend to check the contents of your cold storage address from block explorers sometime in the future. You really should be doing that occasionally anyway.)
4. Dump your address's private key and write it down on a piece of paper. Hide it and do not allow anyone access to it unless necessary.
 -- OR --
4. Encrypt your wallet.dat file and save it on a clean USB drive. Hide the USB drive somewhere safe and do not allow anyone access to it unless necessary.
 ( -- OR BOTH --)
5. Secure-wipe your wallet.dat file from your computer. Secure-wipe your computer's hard drive if you feel it necessary to do so.

And that's it. No fancy hardware or software required.

No. The fact that you're even asking means that you're missing the whole point of Bitcoin. Bitcoin transactions are designed to be practically irreversible by nature. It doesn't matter if you're using an online wallet. Once coins are sent to another address, those coins will stay in that address unless that address's owner/controller decides to send it back. No online wallet will issue a chargeback for you because any "recovered funds" will have to come from that wallet's own funds.



Online address generators usually generate addresses dynamically. Even if the page is cached, the address won't be recovered.