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4041  Bitcoin / Bitcoin Discussion / Re: Did you mine it or buy it? on: April 10, 2015, 02:40:23 AM
i was too late for joining the mining party. i bought my first coins in 2014 after reading about it. and i'm still buying like $50 worth of bitcoin each month.
4042  Economy / Speculation / Re: The market is really going sideways...? on: April 10, 2015, 02:34:44 AM
I am starting to think that buying on support (236 - 238) is good...  Because it looks like it won't break.

people said the same about $250 "it won't go below that" and then again at $240 "this time it really won't go below that"
it's clear that we're currently not going to see it being stable above $300 this month.
4043  Bitcoin / Bitcoin Discussion / Re: Africa May Leapfrog Traditional Banking on: April 09, 2015, 10:58:33 PM
it could be bitcoin. but nothing prevents them from creating their own digital coin where they can still maintain full control. africa is a great example of which is deeply in need of something like bitcoin.
4044  Other / Beginners & Help / Re: Hacked or paranoid? on: April 09, 2015, 10:52:31 PM

are you sure you are not infected in some way? you should do a scan with multiple antivirus/anti-rootkit/anti-malware

usually there are insecure link, when this appear, you could have some insecure connection going on

Nothing shows up on antivirus, Comodo, McAfee, have tried others. Even immediately after reinstalling the operating system Malware bytes warns that its anti root kit driver cannot load. There is quite a bit of other evidence of a problem with my internet connection, I am just asking opinions about the risk with Cryptsy specifically. I use an SMS protected email and phone SMS to log into cryptsy but once I logged in and it went straight to the logged in area before I even entered the SMS. I have a screen grab of the message it showed on another device and will upload that when I can. Is it possible Cryptsy's SMS service was down briefly and it bypassed the SMS authentication because of reasons on the Cryptsy side?

try scanning your system with hitman pro. while others may not find anything, hitman pro will if your system contains a virus.
4045  Economy / Speculation / Re: Will we cross the bearline in April? on: April 09, 2015, 05:03:10 PM
We going 1000 by the end of the year, get with the program my friends.

you must have bought yourself a huge load of coins if you think it will go up 400% from current price. but i'm 99% sure that you haven't.
4046  Bitcoin / Bitcoin Discussion / Re: This is strategy on: April 09, 2015, 04:59:40 PM
I also believe that this is a nice strategy. We may see another drop or two. We're not safe yet. Maybe even a new long-time low. But that strategy is a very good one if you believe in Bitcoin's long-term success! (I do, as well)

if you really believe in the long term future of bitcoin then you can just sit and relax. but that's not the case for a lot people. they say i'm in for the long term, but as soon as the price drops they quickly sell. called weak hands.
4047  Economy / Speculation / Re: China lower the power price and cause bitcoin crash? on: April 09, 2015, 09:07:37 AM
i don't think so. it would stimulate to get more mining hardware working on full power. which will result in a difficulty rise.
4048  Economy / Speculation / Re: why do these 'bears' sit around and talk about bitcoin all day? on: April 09, 2015, 09:04:11 AM
okay so the bears just admitted they dont actually hate bitcoin but just want to short it.....
if they really hated bitcoin they wouldnt be, you know, placing trades with it?


traders will go extremely far to turn a certain situation in their benefit. there are enough not experienced people who are affected by these bears. they make good money from weak hands.
4049  Economy / Economics / Re: I need bitcoin to be $690 to break even.....will I make it? on: April 09, 2015, 01:08:31 AM
patience is the key. and if you ever happen to break even then it will be very tempting to sell, but keep holding it. 2016 will be the year of the second halving in bitcoin history. just wait.
4050  Bitcoin / Bitcoin Discussion / Re: Onebit - Mastercard PayPass integrated Bitcoin Wallet on: April 09, 2015, 01:03:32 AM
> Know your customer rules
> Integration with Mastercard

In the short term, this is tempting, as it would enable massive "use" of Bitcoin. But in the long term, it seems highly destructive to Bitcoin's principles. I'd rather pay at a terminal that works with vanilla Bitcoin and so is actually bypassing the traditional banking system (at least on the customer side).

Bitcoin is like a large university project. You just go and try out everything you can without actually knowing what it is you want or what can prove to be useful at some point. This is one of the many ways we should go and try out.

OK...?

I'm sure it will be useful. And possibly help Bitcoin adoption. Doesn't mean I can't prefer something else. (And my worry is this might reduce the likelihood of that "something else" ever appearing.)

That's right. It may not be the best option, but until the best option arrives(every shop accepting bitcoin) this is a partial solution with which we can use our bitcoins to buy and pay our needs

don't think we'll ever see the majority of stores accepting bitcoin at some point. that's why this is a great solution. i will definitely give it a try once they release it.
4051  Economy / Speculation / Re: What is your price speculation for BTC at the end of 2015? on: April 08, 2015, 05:47:06 PM
my guess is $700 at most. we are heading towards 2016 which means block halving is comming closer. that will definitely impact the price at the end of 2015
4052  Economy / Speculation / Re: How hard will you try to sell your bags now? on: April 08, 2015, 05:33:24 PM
i don't want to sell my coins as i plan to hold them for a very long time. if the price goes down it gives me the chance to buy at a cheaper price.
4053  Bitcoin / Bitcoin Discussion / Re: What if YOU could put 1 feature, change, whatever, into the Bitcoin protocol? on: April 08, 2015, 05:29:43 PM
not really a must, but if possible i would choose to have faster confirmations. but then again, it would also need to bring down block rewards.
4054  Economy / Economics / Re: If Greece defaults on: April 08, 2015, 10:01:01 AM
We have €448m to the International Monetary Fund is due this Thursday (April 9th).

Then we have public sector wages and pensions, €1.7b in social security payments made by the state (April 14th).

Then we have a €200m loan repayment to the IMF (May 1st).

Now correct me if I am wrong, but if Greece cant pay any of these 3 bills we are talking about the first "western modern" country to be technically in default. If they resort back to the Drachma, it will be one of the most worthless currencies on the planet.

What I cant really figure out is the outcome, both worldwide financially against the Euro, and obviously against Bitcoin. Will we see BTC as safe heaven? Something tells me only a little, because the average Greek is not highly IT literate, but I could be wrong here.

Give me your thoughts people, as this goes down in about 3 days from now!

Actually Greece will not default. Politicians will find a solution again to give Greece more money.
Right now Greece plays hard, having discussions with China and Russia. This way they will either force EU to be more "merciful" with them, either will get a loan from China giving them something EU will not like.

stakes are way too high to let greece default. as you say it is more likely that they will find a solution. but the only solution they have is giving them more money. this won't stop. it will cost the tax payers billions in the comming years.
4055  Economy / Micro Earnings / Re: how much can you make weekly? on: April 08, 2015, 09:29:54 AM
at the very beginning i was solely getting my satoshi's from faucets. i did not manage to get more than $0,10 per day.
it was nothing more than a waste of time. it's simply not worth it.
4056  Bitcoin / Bitcoin Discussion / Re: Bitcoin Losses on: April 08, 2015, 09:25:39 AM
As I read your stories it really gives me the creeps.
It seems I'm lucky, still didn't loose anything.
My strategy is to cash out my BTC, as soon as I earn them, via paypal to my bank account.
Value of BTC is still not stable, prices constantly rising and falling, so I don't see any reason to keep them in my wallet.
I also don't buy things with BTC, don't play games so no meaning to keep them to long in my wallet.
I'm sorry because of your Bitcoin Losses.



by this you reduce the risk of losing coins but aren't you interested in investing in bitcoin at some point? waiting for stability can take some years. this thread is a great source of information which helps you to not make the same mistake as others did.
4057  Bitcoin / Mining speculation / Re: Is it possible??? on: April 08, 2015, 02:18:23 AM
Is it possible to mining BTCitcoin without any capital/asset?
If you can "borrow" your mate's computer to mine altcoin and then trade it into bitcoin, then yes, it's possible.  Grin

Day's of mining with CPU and GPU are really over.  In most cases it cost's more in electricity.

You really need to look into asics.  But it will take cash, you can't do it with no assets.  You could also buy direct but again takes money

aren't the mining days over for most of the people at home. even if you buy asics then the question will be : how long will it take before i break even, if ever.

Well that depends on a lot of factors.. Price for electricity, using the miners for heating if you live in a cold climate. If you are a believer in that the BTC price will increase in the future.

for example here in europe it is impossible to do home mining as prices of everything are way too high. investing directly in btc seems a better option.
Lets just say that mining without proper equipment and hardware is impossible. Mining anything without investing money is unreal. And even if you have some spare cash to invest it is probably waste of time and money as we are the time and age of full specialized mining farms rather that individual miners so unless you have like $100k to spend for hardware and setup mining is out of the question.

wouldn't it be a better option to invest or buy yourself a certain percentage of an established pool rather than buying hardware with $100k i think it will make you roi considerably faster.
4058  Bitcoin / Bitcoin Discussion / Re: Fingerprint private key on: April 07, 2015, 09:29:39 PM
Hello,

I was wondering if there is any way for me to create a private key using only my fingerprint and a password. Do you guys know if there is already a website to do so ?

Thanks.

it would be a very bad idea to use a site to secure or create private keys via the internet. that's asking for problems. finger print security is not as secure as many think. you can easily get around it. search on youtube and you'll find out how.
4059  Economy / Economics / Re: Cyprus lifts all capital controls on: April 07, 2015, 06:58:00 PM
putting your money in one of their banks is pure gambling. it has been like this for years. only fools will fall for their high interest rates.
4060  Other / Beginners & Help / Re: How many wallets do I need? on: April 07, 2015, 05:54:30 PM
i currently use blockchain wallet mostly for being able to have my coins with me everywhere. and bitcoin core wallet for storing coins offline. always good to spread your coins.
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