Hello Hello and welcome to the forums.
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CentOS. Windows if it gets you mining faster than Linux. Guys can you list some of your faves and more Linux variations  |
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Nicely written. One hopes that bitcoin becomes a tool to protect oneself. :-) Ultimately bitcoin will succeed because of the failures of those managing national currencies, of which Argentina's is currently in crisis.
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It sounds interesting. I would suggest posting in one of the other sections once you are able to do so. Beng in that buffer zone sounds advantageous. I have been a long term Bitcoin user and would consider myself a generally silent member going about my business without making too much noise.
If my username didn't give it away I am based in Cyprus and was lucky during the banking crisis that the majority of my funds are held in Bitcoin. During and since that time I have been going through many thought processes about starting my first Bitcoin venture. With all the regulation hitting the marketplace in the US, I have the unique opportunity of obtaining offices within the UN Buffer Zone here in Cyprus, the benefit of such a location is that it is not subject to the laws of the Cypriot government nor that of Turkey. Bars do not require a liquor license (as an example).
With such a large British and Russian community on the island I would target these groups additionally and provide a way for them to move money between countries and as a store of value. Naturally the biggest part would be to ensure they understand the possible fluctuations whilst Bitcoin is being held as a store of value.
The inner workings of the system to make it extremely easy for my customers to understand what protects their investments are already mapped out on paper. I have a strong past in web & system design to be fully capable of creating the systems required for such a venture.
I could easily accept the following ways to exchange from Fiat into Bitcoin;
Cash deposit at the main office within the UN Buffer Zone
SEPA Bank Transfers
International Bank Transfers
Gift Cards for online redemption to be sold around the island/world
To cash out anywhere in the world I would look to establish an international group of traders that could exchange cash in person or through local bank deposits/transfers (in the style of Localbitcoins.com/Western Union). Local depositors can exchange their holdings for cash in the office.
I also hold gold and silver bullion as I do not trust fiat (even more so since our banking crisis) and would look to implement this as an option for my clients.
Sorry for the ramblings just looking for some constructive feedback from fellow bitcoiners.
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That seems a bit low, but in the ballpark. Good luck and don't forget about the coins on deepbit. I switched to the bitminter pool you recomended. And it says my average per day should be about .0128
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At 400, it will take a while. It also depends on pool luck too, but over time that will average out. The pool fees are not that much, but there are other pools that have a lower fee structure. (I use deepbit as my backup pool though). If you leave it on 24/7, you'll get there eventually, the difficultly has increased greatly this year so that it takes a lot longer to earn even 0.1 BTC. i got about 2400 shares now and my ballence is now 0.00186213 BTC
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I've used deepbit and slush's and both have been reliable over time. Has your balance increased yet? Are your shares still increasing? should i switch pools to a better one? I was using slush's but everytime i try to connect it has problems
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At deepbit, it will depend on a number of factors. You can check your balance under the "My Account" section (deepbit.net/account). Once you hit your minimum payment threshold, it will pay out shortly thereafter. At 400 mhashes it might take a day or two to reach 0.01 BTC. Remember that shares different than coins. Shares are an indication of your mining contribution to the current round. Your share/total shares * 25 BTC is a rough calculation for your reward. Just check out the balance section and watch it grow. Im running a amd 7870 and getting roughly 400 mhashes. Currently i have 1300 shares and i have not gotten one payout. Im on deepbit pool. Am i doing something wrong?
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Hi, There is a good introduction here: https://en.bitcoin.it/wiki/IntroductionThere are private keys and public keys. (By the way, NEVER share your private key with anyone.) You can have many, many pairs of private and public keys. People send money to one of your public keys and then you have access to it with the corresponding private key. Some recommend that you use a new public key for each transaction and the bitcoin qt client supports that as do many others. so here's my newbie question. it is my understanding that every bit coin wallet comes with two numbers. a deposit number which you use with transactions; and a withdraw number. my question is what's the withdraw number for? what do you withdraw when you use this number?
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A fee usually helps get the transaction in a black. As was said above, if you show the transaction, people will be able to give more insight. I was excited about bitcoin a short while ago, but with my bitcoin payments still unprocessed (unconfirmed transactions) I think bitcoin will be a customer service nightmare. Sure, I could take on a bitcoin payment processor that gives the bitcoins immediately, like bitpay, but then you're dealing with a middle man all over again (PayPal 2.0?) And what if I have a business model that relies on giving payments back to the customer?What am I going to tell my customer, who's payment is in limbo? Even with a transaction fee, there is no way to know if your payment will take 1 hour or 2 days to go through. This would drive the average consumer nuts!
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Using BTC as part of his asset investing plan would be a smart move. And then let a trustee invest the rest of his money in things that are low-cost, long-term growth. Even if the chance of revival with his plan is 1% (or even 0.001%) it is greater than zero. I am wondering how he is going to diversify between brainwallet and paperwallets. BTW for one hundred years I would not be so sure investing into gold either, given all the asteroid mining plans. A portfolio of blue chip shares does not sound as too bad investment however.
If paper wallets are involved, grave robbing could get some new meaning here. Also imagine waking up having 1% of planet's money in your brainwallet and having amnesia... Someone needs to shoot a movie about this or something.
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Others can't seem to be able to accept life. Or at least the possibility of extending it. Some people can't seem to be able to accept death.
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Given the importance of merkle trees etc in Bitcoin and the fact that Ralph Merkle is a Board member at Alcor it is a wonder that there is not more cross pollination between the bitcoin community and Alcor. Both groups are looking to the future and are firm believers in the probable advances in technology so it would seem natural to at least see common interests and potentially some mutually beneficial relationships. Don Laughlin, the 81-year-old billionaire and founder of the Riverside Resort and Casino in Las Vegas, is also placing his bets on cryogenics for everlasting life. He is a future customer of Alcor, a Cryonics preservation facility is based in Scottsdale, Ariz. Upon death, his body will be cryo-preserved at minus 360 degrees following his death until he can be revived and cured of any health problems. He plans to take his money with him: His assets would also be frozen.http://money.cnn.com/gallery/magazines/fortune/2013/04/04/live-forever.fortune/2.html |
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Who would do that? For what purpose?
Perhaps the OP would do it and the others in the other threads. Yeah right - most would not do that, but would advocate it for everyone else since they know best. |
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250 BTC? And "twenty-five" means: Twenty-five hundred? Twenty-five thousand BTC? How much do you need to be considered wealthy?
two fitty |
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I agree. It isn't about dividing people, but about segmenting the market to take advantage of unique niches. Buying kitten food with bitcoins or sponsoring a gay pride march etc Actually I think it's the other way around. Bitcoin can benefit from being used by the LGBT community.  |
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Good point! There are certainly some "useful idiots" out there too The power-hungry are after one thing and that is control. Whether they claim it is "for your own good" or to "make the world a better place" the goal is the same - to control you while taking a little bit of a percent off the top for their own uses.
:-) It's interesting to consider that such behaviour is not necessarily a conscious decision but one that just follows from their pursuit of growth economies and fiat. Money is a means to control wealth, and one of the forms of wealth is exploiting people - paying them less that they are due for their efforts. If you can't control money, you can't exploit people??... it's all good. |
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The power-hungry are after one thing and that is control. Whether they claim it is "for your own good" or to "make the world a better place" the goal is the same - to control you while taking a little bit of a percent off the top for their own uses. :-) but it is beyond me how people can even think of regulating anything that wasnt issued by them and even dont belongs to them
You're kidding.. that's what they do! Their understanding of the world is control and exploit.. their motivation; method; and the interests they represent, count for half the reason we have a financial crisis. i know im stupid because my deafult thinking is that people are honest. thats why im always supriced when i discover that sometimes they are not  anyway in order to regulate bitcoin they would have to own and control it first, i wonder how they would manage to do that. |
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