Bitcoin Forum
May 28, 2024, 04:26:48 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 [3] 4 5 6 7 8 »
41  Economy / Gambling / Re: Coinroll.it - Dice rolling game | Instant bets | Off-the-chain | 1% House edge on: January 13, 2014, 04:34:23 PM
I see good news finally John K. logged in, but bad news Scrat Acorns last logged in 10 days ago.

Winners can be calculated by everyone once the 2 secrets are released (ours and dooglus').

yangwao seems bit funny now, I expected official winner list, hopefully miner2020 calculated it right Smiley


Even tho I didn't win, I hope Scat or admins run a search where fake accounts were created after promo was announced and remove them from the list.

Hey, different list, different winners. You could make winner anyone you want based who you selectively  remove. After all, it is not free raffle but every listed user promoted Coinroll.it signature for about half year. 100 BTC / 175 participants is 0.57 BTC per listed user. You could probably make about this amount from other paid signature offers for over last half year of your signature exposure and bit posting (maybe not today but when the Coinroll.it promo started BTC was about 10x lower) - so everyone made Coinroll.it service.
42  Other / Beginners & Help / Re: Has the train left the station? on: January 11, 2014, 10:15:05 AM
ASUS Maximus V Gene
i5 3570K (Stock Clock)
Vertex 4 128GB
Seasonic SS-760XP2 760W

In total I've spent around $660. All I lack is a GPU, but with the price hikes IDK if investing in one now would be worth it.

Save money on GPU, it is most important, CPU, HDD can be much cheaper.
43  Other / Beginners & Help / Re: The last posting from your IP was less than 360 seconds ago on: January 06, 2014, 05:13:43 PM
Same errore happening to me.

I really think that kind of restrictions for new users doesen't makes sense at all. Also being a new user of that forum doesen't mean to be a "newbie" of Bitcoin.

I agree, but the time limits might reduce bots posting spam all over the forum.
44  Economy / Speculation / Re: does anyone notice there are less coins to sell due to mass hodl? on: January 06, 2014, 05:04:52 PM
That's exactly the point of hodling. Prices rise due to higher demand than supply.

you forgot the whole NEED part

hodling amplifies the price but the base value comes from its usability

With very low volume on exchange, the price movements become very erratic.
45  Other / Beginners & Help / Re: Best way to start on: January 06, 2014, 05:01:30 PM
Best for me is mining with GPU rig Scrypt coin and exchnge to Bitcoin
46  Alternate cryptocurrencies / Altcoin Discussion / Re: What are some altcoins that you'll never buy? on: January 05, 2014, 04:56:16 PM
I will consider buying altcoin when I can spend it for something usefull, otherwise I just GPU mine altcoins
47  Other / Beginners & Help / Re: Could bitcion theft be decreased with spending notifications. on: January 05, 2014, 04:42:06 PM
AFAICT, the better solution would simply be to use "semi-live" cold wallets, which is already implemented in some clients (or at least Armory), or use n-of-m keys.

This, learning to use cold wallets (paper wallets, Armory offline) and hot wallet with small ballance is best way to fight stealing of your Bitcoins
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Which are the next-generation coins? on: January 05, 2014, 04:35:59 PM
Next-generation coins will be these not using Bitcoin code.
I dont count centralized coins like Ripple obviously.

49  Bitcoin / Bitcoin Discussion / Re: What happens when The Bitcoin limit of 21 million bitcoins has been reached? on: January 05, 2014, 04:18:04 PM
The limit will be reached in 100 years or so - none of us will see that...

However, most of the coins should be mined till 2030 or so. And basically, cut off supply means rising prices, so all other elements equal, it has to deflationary with rising prices.

Post 200, yipiieeee!

There are already 12 million Bitcoins in circulation, and with new miners coming along how does that make sense by saying it will take 100 years?

Sorry I'm new to this that's why i might ask questions that might sound stupid to some people.

Block rewards halves every 4 years, so 50% mined after 4 years, 75% after 8 years, 87,5% after 12 years and so on. Last Satoshi will be mined around 2130
50  Other / Off-topic / Re: Once BTC is $10,000 each, what car will you get if you HAD to choose? on: January 05, 2014, 09:13:49 AM
Some non fancy car (about 3BTC) I can buy directly with my Bitcoin.
51  Other / Beginners & Help / Re: how many posts within the 14 day period.. on: January 05, 2014, 09:07:54 AM
does one need to make in order to get the full 14 activity points?

14 posts or more
52  Economy / Speculation / Re: Chances we'll see another Bitcoin crash ( buying opportunity ) 1st quarter 2014? on: January 05, 2014, 08:58:49 AM
I guess no big crashes in 1st quarter of 2014, only corrections  Smiley
53  Other / Beginners & Help / Re: HDD Crash & I Lose Everything? on: January 05, 2014, 08:46:02 AM
If you encrypt your wallet.dat with very strong passphrase, you may send it to yourselves as email attachement for backup purpose
54  Other / Beginners & Help / Re: Bitcoin and Banking on: January 05, 2014, 12:44:23 AM
Banks might mean online wallets where you dont own private key - could make sence with password+SMS+yubikey authorization of every transfer - could be safer than local client if your computer is compromised.
55  Other / Beginners & Help / Re: Is it too late for poor people to start mining? Jan2014 on: January 05, 2014, 12:32:05 AM
GPU Scrypt mining is profitable, but the situation may change relatively quickly, cheap electricity helps here
56  Other / Beginners & Help / Re: Oh hardware choices.... on: January 03, 2014, 10:47:24 PM
If you mine at Multipool or Middlecoin, etc that switches coin mined based on profitability at current exchange rate, then you may be able to get $7-$10/day, with power at $.10/kWh it would cost $.96/day.

That's great! $7/$10 per day return on $500 investment beats anything else out there!

Now, but the situation could change quickly
57  Alternate cryptocurrencies / Altcoin Discussion / Re: The Litecoin Boat has not Sailed Yet... on: January 03, 2014, 10:45:01 PM
Of course it has not sailed yet, the thing is still vulnerable, once it gets ASICs that are seriously way more efficient than GPUs then it will be time to sail.

-MarkM-


It will be bad if Scrypt ASICs comes, I have few GPUs mining profitably. I guess coin profitable mined with GPU replace LTC after Scrypt ASICs
58  Other / Beginners & Help / Re: Cloud mining at CEX.io question on: January 03, 2014, 10:35:22 PM
cex.io doesn't even have to mine. Right now, the price of 1 GH/s is about 0.044 BTC, but 1 GH/s will probably mine less than a total of 0.02 BTC due the rising difficulty. When they sell GH/s for 0.044 BTC, all they have to do is reserve 0.02 BTC for mining payments, and they can keep the rest for themselves.

But they must predict very well the difficulty increases in next half year, or it will not work. Like if the difficulty stop rising, they will have to pay more Bitcoins than customers sent them
59  Other / Beginners & Help / Re: This is exactly why I believe in bitcoins ! VISA & Banks are thiefs ! on: January 03, 2014, 10:24:31 PM
The fees depends what bank you have the card from. Always study all the fees so your not surprised later  Smiley
60  Other / Beginners & Help / Re: botnet consensus? on: December 25, 2013, 11:53:52 PM
I've seen a lot of post here about botnets that actually attempt to mine bitcoins. The authorities recently identified a 2 million machine botnet. Couldn't that present a totally different threat if the true purpose was to controll the network consensus? What if they all advertised the same longest (but unproofed) blockchain? How would the system counter that? How many nodes are there currently?


Does not matter how may botnet nodes use incorrect blockchain, true nodes accept block only if it is valid. So you need computing power if true nodes has to accept your blocks

And 2mil CPUs is nothing for Bitcoin hashrate
Pages: « 1 2 [3] 4 5 6 7 8 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!