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4101  Other / Meta / Re: What are signature campaign? on: July 05, 2017, 09:56:46 PM
When you join a signature campaign, you put the company's advertisement in your signature space. Then you spam the site with as many meaningless posts as you can. The more you post, the more you get paid.

Top posters can earn up to a couple dollars per hour. That can be very helpful for a person living in a poor country where they can't earn more than a couple dollars per hour doing real work.
Wow, just wow. Your post is overflowing with negativity.
Firstly, you shouldn't encourage newbies to spam, because that can lead them to getting banned. Secondly, do you honestly think that there would be no meaningless posts if there were no signatures? It's up to signature managers to go through people's posts and not pay for such spam.

Top posters can earn much more than a couple dollars per hour. I've seen people make over 10 posts per hour, which in some campaigns can equal $20. This is a fairly high pay in most countries.

Signature campaigns encourage meaningless posts because posters are paid for the quantity of their posts, not for the quality. Only egregious spam might get someone banned. Posters simply state a cursory opinion based on the topic line and then move on to the next one. Signature managers do not have much incentive to discourage spam. They count signatures. They don't have much reason to care about the posts that are attached to them.

I was unaware that companies are paying $2 per post. That seems outrageous, but with all these ICOs paying with investor money, I guess I shouldn't be surprised.
4102  Alternate cryptocurrencies / Altcoin Discussion / Re: How does POS work? on: July 05, 2017, 08:02:54 PM
Do people with more ETHs have a huge unfair advantage?

It is not an "unfair" advantage, by definition.
4103  Other / Beginners & Help / Re: New bitcoins are mined? on: July 05, 2017, 07:22:47 AM
... Every 4 years or so(210k blocks) the block reward halves, so in 2020 the block reward will halve to 6.25 BTC per block. As time goes on the amount of new bitcoins created will be lesser and lesser, infinitely close to but never hitting 0.

Actually it does go to 0. Eventually, it will go to 3 satoshis, then 1 satoshi, then 0.
4104  Bitcoin / Development & Technical Discussion / Re: Lucky but not? on: July 05, 2017, 07:18:09 AM
I just wanted to see the concept behind it.

This site might be interesting to you: https://gobittest.appspot.com/
4105  Other / Meta / Re: What are signature campaign? on: July 05, 2017, 07:10:09 AM
When you join a signature campaign, you put the company's advertisement in your signature space. Then you spam the site with as many meaningless posts as you can. The more you post, the more you get paid.

Top posters can earn up to a couple dollars per hour. That can be very helpful for a person living in a poor country where they can't earn more than a couple dollars per hour doing real work.
4106  Economy / Economics / Re: Selling Bitcoin = Opportunity loss?! on: July 05, 2017, 12:39:40 AM
Inversely, there are benefits to holding fiat instead of crypto. You can't buy a car with crypto-currency, you would have to sell it first, deposit the cash, and use a check to purchase. Let's keep going, and say you use that car you purchased with bitcoin to go to a job. Even if you spent 5-10 bitcoin at the current price on the car, you could make back double that with a decent job in a year.

It's smart to go with whatever income stream has the most potential. It isn't always bitcoin.


You can buy a car with crypto: http://spendbitcoins.com/places/c/car-dealers/

Also, maybe I didn't get your point, but neither fiat nor bitcoin generate income.
4107  Bitcoin / Press / Re: [2017-07-04]Fourth largest Bitcoin exchange. Bithumb, hacked for billions of Won on: July 04, 2017, 06:15:51 PM
For those in the U.S., 1000 won is about $1, so billions of won is millions of dollars, and millions of won is thousands of dollars.
4108  Bitcoin / Bitcoin Discussion / Re: What is the most likely outcome on August 1st ? on: July 04, 2017, 06:01:50 PM
I'm completely confused with some comments here.

I thought UASF was opposed to SegWit, and both to SegWit2x which is a big-block SegWit proposed by the miners. So I guessed it were three distinct camps.

Now how UASF "wins" if SegWit is activated instead of UASF?

You have it backwards. The intention of UASF is to coerce miners into activating Segwit.
4109  Economy / Micro Earnings / Re: ▲ IS 80 - 120 Satoshi Every Hour A Good Satoshi Claim Amount,? on: July 03, 2017, 02:11:45 PM
100 satoshis is worth $0.0025 USD. Assuming you never sleep, you could make $0.03 USD per day. That is certainly not worth my time. Is it worth yours?
4110  Bitcoin / Bitcoin Discussion / Re: Seems Bitmain/Hashnest is banning ALL USA from using there services now on: July 03, 2017, 08:01:18 AM
It it really that?  What kind of logical connection does online gambling have on Bitmain or Hashnet? It does not fall under the same laws. Betonsports is not a Bitcoin gambling site, but the people who ran it do have criminal records.

It demonstrates the reality that anyone in the world that breaks a U.S. law could be prosecuted. A company in China selling litecoins to a person in New York is guilty of "conducting unlicensed virtual currency business", and the company and its employees can be fined or end up in prison.
4111  Bitcoin / Bitcoin Discussion / Re: Seems Bitmain/Hashnest is banning ALL USA from using there services now on: July 03, 2017, 02:53:21 AM
Maybe you should read this:

CEO of online sports betting site arrested

Federal officials have charged 11 people, including the CEO of a big gambling website, alleging they committed conspiracy, racketeering and fraud in taking sports bets from U.S. residents.

The Justice Department said Monday it is seeking the forfeiture of $4.5 billion, cars and computers from the defendants, including BetOnSports PLC and three other companies.

BetOnSports Chief Executive David Carruthers and four other defendants were arrested over the weekend. Carruthers was arrested Sunday at Dallas-Fort Worth International Airport during as he awaited a flight from Texas to Costa Rica, where the company has operations.

Several of the defendants live outside the United States, which will make them hard to catch, said U.S. Attorney Catherine Hanaway in St. Louis.

The important thing to note is that the site is not based in the U.S., and the people that were arrested do not live in the U.S.

Bitmain, as well as many non-U.S. exchanges and banks, don't want to have to comply with New York or U.S. laws, and they don't want their executives to be arrested if they go to the U.S., so they don't allow New York or U.S. customers.

If you really want to complain, you should complain to the State of New York about their laws preventing you from using these companies.

4112  Bitcoin / Press / Re: [2017-07-01] Introducing the ‘Do Nothing Technologies’ Blockchain-Based ICO on: July 03, 2017, 12:04:28 AM
I see no reason why this won't be an amazingly successful ICO. The coin is exactly what people are looking for: guaranteed to make somebody wealthy, yet not overburdened with complicated and dubious technology.
4113  Bitcoin / Press / Re: [2017-07-01] Should Other Bitcoin Wallets Implement Blockchain’s Transaction Fee on: July 02, 2017, 11:52:06 PM
The title of the thread is missing a crucial word. It should be

Should Other Bitcoin Wallets Implement Blockchain’s Transaction Fee Estimator
4114  Bitcoin / Press / Re: [2017-07-02] Bitcoin Community Takes Offense to an old Samson Mow Tweet on: July 02, 2017, 11:44:46 PM
I curious why anyone would write an article about a tweet that is nearly a year old. I mean articles about tweets and reddit posts are worthless, but this article nine months late.

Oh, I see. The article is by J.P. Buntinx, probably the most prolific author (and yet the worst) in the crypto space.
4115  Economy / Service Discussion / Re: I think i have 100btc in a wallet since 2009 but i can't remember the site on: July 02, 2017, 04:09:04 AM
No site holding bitcoins that existed in 2009 or even 2010 exists any longer. Whatever bitcoins you had stored on any site then are gone now. That is one reason for holding your own bitcoins.
4116  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a great innovation but the fear is prominent and so deadly! on: July 02, 2017, 03:54:18 AM
Friends, I am mesmerized by Bitcoin, it's a great currency alternative and lots of innovation going around but to be honest everywhere I see people's are fearing a lot, they want to invest in bitcoin and yes they already invested but still fear is prevalent. ...

That's the problem with Bitcoin right now. Everyone wants to invest, but nobody wants to actually use it.
4117  Bitcoin / Bitcoin Discussion / Re: How could BTC be legitimate ? on: July 02, 2017, 02:47:29 AM
I honestly wonder - if the creator of BTC became multi-billionaire, how could we justify BTC as a legit currency ? One who made the currency gets rich because others bought his currency that is made out of thin air.

Would someone please explain to me satisfactorily ? I could be ignorant on this matter, but I am not trying to be a troll.

When Satoshi wrote the paper and developed the software, bitcoins were worthless and there was very little reason to think that Bitcoin might actually succeed. Even now, there is a good chance that Bitcoin will fail and fade into obscurity.

But none of that matters. Bitcoin is legitimate because it is exactly what it purports to be, it is 100% transparent, and it stands on its own merits.
4118  Bitcoin / Bitcoin Discussion / Re: What is the most likely outcome on August 1st ? on: July 02, 2017, 02:33:36 AM
Until someone more knowledgeable comes and explains it better than me. The wallets obviously don't keep any coins, all they store are private keys with which you can access you coins on the blockchain (i.e. send them to someone). The same key would apparently give you access to coins on both blockchains, so if the underlying protocol for creating transactions doesn't change (it shouldn't), your transaction should appear on both blockchains. If this is not what you want, I guess you should wait until the hardware wallet manufacturer updates the firmware which would allow you to choose what specific blockchain to use

That is correct except that a hardware wallet doesn't create a transaction, it just signs it. So, it is up to the software accessing the hardware wallet (Mycelium and Electrum, in my case) to be able to create a transaction that is valid on one chain but not on the other.
4119  Bitcoin / Bitcoin Discussion / Re: Why is my bitcoin address constantly changing? on: July 01, 2017, 09:08:33 PM
Why is my bitcoin address constantly changing?
It's changing to protect your account that it should not be hack by some poor act by hacker in a globe network. Bitcoin is 100% secured network. Which is providing crypto currency in the name of bitcoin which is 100% secured therefore your address changing constantly. To protect your address 24 hours thank you.

Good explanation about this change. I also wondered why online wallets changes the adresses and I got my answer. I wish parity eth wallet to do the same as well like bitcoin.

Ethereum works differently.
4120  Economy / Exchanges / Re: About to make my first simple altcoin trade. I need to set up a Stop-Loss? on: July 01, 2017, 04:52:19 PM
Don't use a stop-loss. Stop-loss means to sell after the price drops. Don't traders realize that a stop-loss is literally buy high, sell low?

Stop-loss is generally used by traders for loss protection. They mistakenly believe that a stop-loss will get them out quickly if there is a crash. It will not.

In case you weren't aware, some flash crashes are not accidents. You can make money in a flash crash by picking up coins sold due to margin calls and stop-losses.
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