Hey guys, anyone knows if Genesis mining will offer new bitcoin contracts? Or is there any credible alternative for cloud mining you would suggest?
Don't know but even if they offer, are you going to purchase that? Don't do that man or you will lose your bitcoin while you have hope of profit. They pay you at first but then payment decreases, decreases and however it dissapears and reason is high difficulty + contract can't cover it's electricity fees. So don't worths, better to buy miner and mine yourself, you will know what you do and can avoid thinking about scams and etc. There are many cloud minings, see my previous posts if you aren't busy (I post about it somewhere).
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The nature of cryptocurrencies is very political because no single government that can control them. Unlike all other forms of wealth that can be expropriated from the individual. Also people are coming to understand that cryptocurrencies is a better form of money because they are governed by code alone, which makes the contract digital sacrosanct
Its happened because of its decentralization features it has, no wonder why the government in the entire world had no power to control it. And that's is the beauty of crypto currency and Bitcoin. Just curious, how can you say that goverment has no control and can't to have while china's one word affects price immediately with huge percent change. So don't think that everything is like in dreams, no man. But beauty of crypto and especially of bitcoin is that you can have offline wallet in just flash drive, send it as much as you want without limitations and feel secure at the same time because no one can block your money.
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If goverment wanted, they would do it earlier because it was easy at first, now serious people have invested money in it and looking so much profit in it, it won't be so easy to stop not only bitcoin but whole crypto world. They don't want it and I can say they even need it. Wait, don't you know that most illegal activist is whole goverment? Full of dark jobs, but they claim they are really legal and innocence <- good jokes from their side and however many people believes it. So they can but won't stop it.
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Do you think Bitcoin will become the first world currency for buy and sell ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Can't understand what do you mean. If you buy bitcoin you have to pay $ or other currency and if you sell bitcoin you have to do same. Wait, do you mean that most valuable exchanges will be made for buying and selling bitcoin? That sounds very logical because price and popularity increases too at the same time + everyday mined more bitcoin + halving which will skyrocket price. Amazing.
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when price are faling is the best time to buy some chip altcoins with btc and wait for one or two month to get you double profit .
Not double, 100x. Oh man, can you really double your money so easily? You say it so easily, but it's not so easily possible. OP I suggest you to familiarize some experienced traders here, yes, you can find almost every successful man in bitcoin here because of this amazing forum, ask them advices, what they think, also look people's panic on forum and it will help you.
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I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).
From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
Yes it's been on the internet news websites and it's spread. Samsung will be releasing an APP that they've made which is specially built for mining with those s5's. But this is not a worth it investment and if you want to try this out better to invest in trading or with real mining rig (ASIC or GPU). For sure that mining APP will just help to blow out those s5's easily. It's a big help to the community since Samsung is now open with crypto and mining but to be wise, I won't try this out. Why will they make app for s5 when they already have s8 with better hardware and especially why will they take care of bitcoin mining? Some people here don't like antminer s7 for mining and who will use samsung galaxy s5? You want to say that galaxy s5 can replace antminer s5? No man, forget mobile mining but can't to not agree you. It's great feeling when your phone charges on wifi, you walk and your phone earns money, nothing can be so amazing. Who said samsung is opened to crypto? Never heared about that.
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We reached 7K - don't forget to mix your coins!
Seems your service grow a little bit and despite that fact, I think 10 bitcoin in escrow is still really ok because price rises and people will send less amount + I hope and somehow believe you will be fair in offering this service. But I bet also you have to pay much for escrow so is this service profitable for you? (keep it secret if you want) because I think it will be hard for you to continue like that much time. Wish you to develope more..
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Today is unlucky day of mine at bitslers. With strategy 2.4x, 0.01-0.02 ETH per bet and get 10 reds on the row. So unlucky, but deposit and withdraw worked so quick. Love bitsler so much. I will begin with 0.002ETH ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) lolz Let me guess, did you martingale? Never do that Because in the past I did the same thing as you. Was betting like 1000 Sats (back then BTC was like $300) and it was an easy way to make a few bucks. But after a week or so, I ran into a huge 20 red losing streak. Lost all my BTC. Losing 10 reds in a row is actually even more common. In math there is a chanse of everything, so don't be astonished. At first when I was playing dice on different site, I was thinking like you and really win 0.005 bitcoin for 5 times (price was 300$ here too ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ) I thought I was doing right and found good money machine but then lose 3 times and didn't continue playing for profit and with same strategy. Now I prefer to have fun with it and don't lose much.
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Maybe all of you will be amazed because I say Yes. We can use it even offline. For example let's take this, we have cold wallet where we store bitcoins and we have to pay something that costs for example 10 bitcoin (we have this 10 bitcoin in wallet too, not more or less). Now what we do, we give private keys and etc to pay someone, that's all, we used it offline.
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There are but wonder if you can profit by using them: Hashnest - Owned by bitmain which produces antminers so legit one. Hashing24 - they have contract with BitFury, so legit one Minergate's cloud mining - they have contract with hashing24 (hashing24 - Bitfury) and they are legit. Freebitco - they have mining farms and offer deposit money and get some profit, you can withdraw anytime. Don't know any other legit one, but personally I would avoid them.
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Seems faucet causes a lot of problem on bitsler, I would like to see something like FJ has, for example Bitsler coin which will be free but without value. Also read this: Keep in mind that Bitsler is a casino, you can use faucet to test the site or to play for fun, but playing only for free and try to make money from faucet is not the main idea. Sorry man but don't use faucet to make some money despite the fact that you luckily win so big. If everyone will use faucet, then bitsler won't be casino. For faucet and dice there is one great and old website freebitco, they won't block you for that reason. On another hand bitsler is very fair with polite and sociable staff.
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I think this thread must be closed, it's prohibited too to have two thread about one website. That statistic is new, isn't it? So this means they made 23 btc profit in 2 month? Wow it's amazing, wonder how popular they are after reopen their website, as I know one man (owner) was working alone hard on it, curious why he was going to sell such profitable gambling website. But gladly it's still alive with same staff, had good experience with him.
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Good idea but are you first in this task? Really have never been interested in other coins blockchains, I usually only use bitcoin and sometimes litecoin. Well, it's great that you make something like all in one chain but if I were you, I would take care of template too, it's very simple, make something simple and responsive too, something modern and nice, that will make your service better and attractive.
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I don't know how we can't to call current and almost every price fair? I say this because as we all know price depends on how we sell it, so we people determine it and I think it's the most fair way to determine price. I think currently there is no better method to make price fair, it can always be considered unfair because of very rich people. Well, have you any better idea?
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Don't your banks or some organizations offer startups? Here I have, for example I can officially introduce them my own idea and if they like it, they will find people for this work + invest money but take big share. Seems everything is based on technical side so you have to share your idea to someone or do what I wrote (if it's possible of course) or if you are a student, some universities offer too helping and developing of their students ideas. Otherwise I can't help.
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I would say to follow your mind. Almost everything thatvis good, has bright future if there is strong back behind them, hope you understand what I mean. Choose coins, think why this one is better than that one, compare all of them to each other and also look developers and people behind it, as I already said, strong back means a lot. Poor developer with great knowledge and idea can't build something that will beat it's concurent.
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Why to versus them? Use one in virtual world and second one in real world. Still can't underdtand why these people look bitcoin like currency from another world. I still prefer using visa/master cards or physical money. Why to use bitcoin which is very unstable? Everyone says lets hold bitcoin and get profit. If everyone will hold, how will it riee? What makes it to rise? It's not automatic mechanism and we make it's price so holding of bitcoin means death of this coin for me, if we want alive one, we have to use it more widely. Can't logically see any versus here.
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After many thoughts I really didn't find any big differenc between them. Well, let's take trading. You see old statistics and follow them, your trade depends on them to be successful but you make mistake here again and it can be big mistake. Now let's look gambling, for example betting and follow FC Barcelona. They win many games and we can proudly bet on them but then on 30th game they fail and lose and that lose is very unexpected. So trading and gambling are very similar, only difference is that you can hold currency and get profit luckily.
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for me the best cloud minig service is defently genesis mining iam using GM since 2 years now. nad i got my ROI there and allways payed ! still the one one cloud mining witch offers open end contacts! here is a 5% Discount promo code: c1jFgOkind regards You mine on genesis for two year? How much did you profit from it? Have you read threads here about genesis mining service and why they are "legal scammers". OP think twice, no one will give you money from their hardly earned. It seems they get more profit from you than you get from them. Buy equipment if you have money, control it and get more profit, why to make someone rich and yourself poor? Avoid cloud mining.
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Besides security risks such as wallet things and hack, I think the problem is about its price. Sometimes it is dumped like $2000 a day and it hurt me as the risky factor.
Wallet hack? Hmm, see wallets on blockchain with more than 1000000$ and try your best to hack, it will be more likely easy and safe money. Cmon man, who considers wallet security as a main risk? Forget that, of course problem is it's price and we already saw how quickly it dropped in one day or two. Little panic and boom, people make price very low, then they'll hear everything is ok and price rises, such situations are so risky and unstable, it can be harmful for some holders because some of them sells bitcoins immediately and then don't buys until price falls more and more low but sometimes they miss good price.
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