Typical results are between 0.0002-0.0005 btc a day (may not seem like much but when it mines everyday it adds up eventually).
There is no way a computer (even using a graphics card) can mine more than 0.00001 BTC per day and you say your software can mine 20-50 times that. It is a scam or a trojan. |
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If the demand is the same and the supply is halved, the price will rise. But will not double as supply can be from existing coins.
The supply is not halved. Bitcoins are not consumed. The supply is greater now than before the previous halving, and it will be greater after the next halving than it is now. Well halving means that miners will get less money so price will have to rise or miners won't mine anymore, so we should see a decent price rise after halving, which will happen in july, and i think that we will see price around 700$ after halving
If the price does not rise after the halving, then some miners will certainly stop mining. This will cause the difficulty to fall but it will not cause the price to rise. |
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What if Bitcoin is a really an NSA project?
What if Gavin works for the CIA?
The much expected conspiracy mocker/downplayer shows up right on cue. The conspiracy mocking and downplaying shows up when the conspiracy has 0 evidence. It's all conjecture. Nobody can take it seriously. |
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What if Bitcoin is a really an NSA project?
What if Gavin works for the CIA?
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I believe that one of the selling points for the Lightning Network is that bitcoin node operators can make transaction fees by serving as an intermediary in LN transactions.
Anyone can be a Lightning network "intermediary" and you don't need a Bitcoin full node. A "intermediary" that supplies liquidity to the network can charge a fee for that service. Similarly, a full Bitcoin node could charge a fee for transaction and block data. There is no need to pay full nodes out of the block reward. |
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That article is just an advertisement for Satori disguised as an article. |
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The fee is not based on the amount of the transaction. It is based on the size of the transaction data. Priority is given to transactions with higher fee/byte.
The result is that it could cost you more than $0.05 to send $0.05.
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A low number of full nodes is not much of an issue for those people that run full nodes because by running a full node, they know that transactions transactions they care about are valid. It is however an issue for those people not running a full node because they have no way verify transactions. In short, there is no reason to pay full nodes because they already get a benefit from being a full node. Furthermore, it is possible for full nodes to charge non-full nodes for access to their block chain. That would be a better system than being paid out of the block reward. The question is how do you distinguish a full node from a fake full node.
You can always determine if a node is a full node by quizzing it about transactions in the block chain. |
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You cannot buy $100 of bitcoin the way you are describing, you have to buy the entire reward, 25 + fees bitcoins each time, that's around $11000 at todays price.
can you please explain what you mean more, what is entire reward and why can't i buy in small amounts? There is no need to " buy the entire reward, 25 + fees bitcoins each time". Miners in a pool can receive fractions of the block reward directly to their address in the generation transaction. I believe that most pools don't pay miners in the generation transaction; P2Pool and Eligius are the exceptions. |
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If I have more money; good strategy in mining and high income (these are important things), maybe I'd like to buy from them.
and if they can deliver on their promises, it will be good for the custumers.
Please don't send them money. It is a scam. |
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We've seen what the halving did with Litecoin. It got a big ass pump, then settled at roughly 2X the value before the pump. With BTC it is going to be the same.
Let's be a little more accurate. What really happened was that before the halving there was a huge run-up from $1.40 to $7, followed by a crash to $3. After the halving, the price has changed very little, so it is hard to claim that the halving caused the increase directly. Plus, it must be noted that all crypto-currencies behaved similarly during that time period. Do you also claim that Litecoin's halving caused the rise in the price of BTC from $230 to $300? I think it was actually the hype about the halving, along with some other factors, that caused the pre-halving bubble. I believe that the same thing will happen with bitcoin. The Bitcoin halving hype will cause a pre-halving bubble, and the halving itself will have no effect. |
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The cheapest way to through an exchange such as Bitstamp, Gemini, or the Coinbase exchange. They only charge a fraction of a percent.
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What news outlet could be so desperate for content that they consider a reddit post to be a newsworthy event?
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The seller 'claims' that the transfer is instant, no waiting like a wallet to wallet
I want to know if in fact that is true, and if so, should i be aware of any risk. Like say he transfers to my account at localbitcoins.com and I see it there, is there any risk at all there could be a problem with his bitcoins at that point?
and is he correct that normally when dealing with wallet to wallet (outside of localbitcoins.com) there is in fact a delay of even up to around an hour) but there isn't any delay when moving from 1 account at localbitcoins to another account.
I have done many face-to-face localbitcoins trades. The transfer from the seller's account to the buyer's account is instant because it is handled by the site and it is all done within LBC. When you transfer your bitcoins from LBC to your wallet, then it must go through the blockchain. But you can do that at your convenience. If you can access LBC when you make the trade, you will see that you will be credited when the seller releases the bitcoins (but you may need to update the page). If you don't have access to the site, you know that the bitcoins have been transferred to your account if the seller can tell you the verification code. |
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Sending to a Trezor wallet might help because spending involves a couple more steps and requires you to be holding the wallet. Also consider using a paper wallet.
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It looks like CEX is having problems with their transactions. Many of their transactions are still unconfirmed.
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Now that the forum allows signature campaigns, you are sure to get pages of responses on even the most trivial subject, as many people take advantage of these easy threads to increase their posting counts. I myself participate in a signature campaign, and the irony of what I am writing is not lost on me, but I also realize that this is the reality we now live in. You just need to learn to live with it and try to sort through the useful responses and ignore the mostly redundant ones.
I set members of signature campaigns to ignore, so I don't have to sort through the spam responses. I only saw your response because I was counting how many responses to the OP were meaningful and how many were spam. Sig campaign member responses: Useless ( 8 ): fruitcommander, Aamir1, Lannister, fortunecrypto, pocarime32, SanaButt, n0ne, rio3233 Not Useless ( 3 ): Lutpin, Kprawn, Za1n |
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Let me be the first to state it plainly: WhaleClubCo.com is probably a scam. Please don't give them your money. |
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If your goal is to break any links to the person that pays you, then a mixer will do that (but, can you trust the mixer?).
However, in the U.S., you will still have a problem. If you are regularly converting large amounts of bitcoins, the exchange (or whoever does the conversion) will require you to disclose the source of your bitcoins. If you don't, they will ban you.
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