Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC?  I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. when you say per month, usually the equipment isused by the company makers for stress test lol the shipped only last 2-3months by time it gets to you and you need to spend another $3k+ for a new rig. im all in if the miner was also water heater, so i can cut cost of my electricity for heating water or get free bitcoin...  [/quote] my old mining pc, had 2 mini radiators,lol used them to heat my room and got a few btc per week. |
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pretty soon all the people that will be left holding coins are crazy & hard headed investors who never sell and always buy more.
i didn't want bitcoin to bottom this way, but seems to be it's happening, how else would you explain this retardedly low price?
Ummm...
Difficulty has flatlined. In my experience, the average electricity cost to mine a bitcoin is still around 150 USD.
As Satoshi said "The price of any commodity tends to gravitate toward the production cost."
That's one explanation.  Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc... 150 is cheap, is this for a dedicated miner or pc? |
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ive been thinking of moving some btc from a bittrex wallet to a circle wallet, but theres a catch...i dont want circle to see my btc history...how do i do it?? i think i have a way but im wondering if anyone else knows how this could be done, thanks.
I don't think there really is a foolproof way to do this other than using a mixer, which is certainly not a bulletproof mechanism but may be enough to confound whatever checks circle or a 3rd party compliance data provider may have. i was thinking...example...buy 1 btc worth of crave on bittrex, move to a crave wallet,( one time tx ) then from my crave wallet i move 1 btc worth of crave to a new bittrex wallet,( one time tx again ) sell for btc then move that btc to circle. any thoughts? |
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ive been thinking of moving some btc from a bittrex wallet to a circle wallet, but theres a catch...i dont want circle to see my btc history...how do i do it?? i think i have a way but im wondering if anyone else knows how this could be done, thanks.
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wtf, so many bears here,lol you are all posting so you can buy cheaper btc...gd luck, it could happen but there wont be much volume. BTC might be getting forked but you are playing with fire if you help push below $200, im telling everyone some true facts... Gaining huge momentum in mainstream adoption through regulated,insured exchanges. We hit over $1k with a handful of exchanges, small user base and silk road closing. Now we have banks (goldman sachs) billion dollar businesses like, expedia, dell, microsofts xbox , soon playstion and nintendo will add btc. Mobile games and almost any website that has digital( music,games,videos) content will offer btc payment option. our children will receive btc from us as pocket money to spend on digital goods. Greece wont beable to pay there debts ( this week ) , if another bailout doest come ..what happens? another cyprus where the banks decide to close and take 40% of your life savings cause they fucked up! italy, spain and portugal will be watching very closely. btc reward halving in around 12 months, this will lead to some truly innovative ways to mine and maintain btc network, an example: companies are now installing free electric radiators in peoples houses, these look like heaters but are actually pc's that are helping to secure networks, the company pays the electric bill and the consumer gets free heat.( kinda like what we have been doing when we mined pc's in our rooms during winter and kept the heating off,lol ) http://www.bbc.co.uk/iplayer/episode/b05vwlbm/click-16052015We now live in the digital generation, the world needs btc as there is no reliable, independant, decentralised, secure, double spend proof and working currency that fits into our digital way of life. btc is not dead, its growing.... |
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Bitcoin-XT is not a re-implementation, it's a patch on top of Bitcoin Core that adds two features, double-spend relaying (which can be flagged for inspection) and the BIP64 getutxos message (which he needs for Lighthouse). The reason XT exists is because Mike Hearn can't get BIP64 implementation merged into Core ( https://github.com/bitcoin/bitcoin/pull/4351). Gavin happened to be for putting BIP 64 in, so moving forward if this happened, Bitcoin-XT would be a proper fork based on the actual Core codebase, simply with these two differences plus the blocksize changes. The fact that moving to XT is considered a viable option might suggest that there is a much larger "turf war" going on here since at least the middle of 2014. Thanks! Indeed there seems to be more going on than a simple technical disagreement. I won t say that Gavin's proposal is the best one, but at least I understand his position: "with 1 MB blocks the network is close to saturation and will not handle the volume that we would like to see, so let's make the blocks bigger". The thinking of his opponents (who include Peter Todd, Gregg Maxwell, and Luke Dash Jr.) seems less clear: they say that they are worried about the consequences of bigger blocks, but they have no alternative proposal to deal with impending congestion, and seem to want to see the network saturate. Someone on reddit pointed out that most or all of those big opponents work for Blockstream, the company that was supposed to develop sidechains and is now working on a thing called the Lightning Network, Those are projects that would provide fast bitcoin transactions and other bitcoin services (such as micropayment channels) outside the blockchain. That could be a reason for wanting the network to saturate. However, Greg says that they were opposed to big blocks well before creating Blockstram. Someone else suggested that they may want to see the network saturate so that big non-payment users like NASDAQ and Factom are forced to pay huge fees, like $50 on a 1000 satoshi transaction. That would push common users out of the system and turn bitcoin into a tool for big corporations only. (Peter Todd does not miss a chance to mention that he is "talking to Big Banks".) Sounds like the FUD that only JorgeStolfi would write. Anyway, last Friday night a handful of reddit users set out, without much planning, to try to saturate the network with small transactions. In the course of 2 hours (23:00 to 01:00 UTC) they put out maybe 30'000 transaction requests. The queues at the nodes got over the 20'000 mark and the backlog took 8 hours to clear. It is not clear what fees the guys paid, but they did not put much money into it. Yet Luke Jr claims that the test only showed that 1 MB is fine. Boh. Perhaps the real fear is how the system will react to an intentional hard fork, that is not mandated by a bug... good info, cheers guys  |
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I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.
Gavin's plan (as I understood from his posts) is to deploy a large-block version of the software now, but the change would be programmed so as to allow 20 MB blocks only starting in Q4/2016. That way, hopefully most everybody will have time to upgrade to the new version and adapt their own programs to allow for 20 MB blocks -- including the major exchanges and services, and most miners. If that happens, the critical date will pass without a ripple for those who have upgraded. For the laggards and rebels still using the old version at that time, they will find that they cannot use the exchanges and services, or maybe even move their coins; until they upgrade too. im a bit confused with this bitcoinxt stuff, is it another coin? why do we really need it? if its a fork, then we could have 2 chains of btc? is gavin an ass? how many coins have more than 1mb size? thanks |
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Soon exchanges will need a license and users may need to pay membership fee. Insurance could become available on coin storage. This will happen across all exchanges. Once things settle we will see the biggest pumps we have ever seen as this will be real big corporations/banks buying for themselves, this is when the exchange regulation becomes real important because when you try to sell btc for $5k each the taxman will be expecting his share. and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today  damn i love how things are falling into place so fast. https://www.circle.com/en |
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Soon exchanges will need a license and users may need to pay membership fee. Insurance could become available on coin storage. This will happen across all exchanges. Once things settle we will see the biggest pumps we have ever seen as this will be real big corporations/banks buying for themselves, this is when the exchange regulation becomes real important because when you try to sell btc for $5k each the taxman will be expecting his share. and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today damn i love how things are falling into place so fast. https://www.circle.com/en |
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and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today damn i love how things are falling into place so fast. |
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and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today |
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same volume of sales listed on dark market sites.
That's listings volume. Not sales. Huge difference. It may be just the number of listings, not even considering quantity of each item. Is there an estimate of the sales volume (USD/year or equivalent) of those dark markets? The complaint published when Ulbricht was arrested included information the FBI gained from a system image of the Silk Road server collected on 23 July 2013.[citation needed] It noted that, "From February 6, 2011 to July 23, 2013 there were approximately 1,229,465 transactions completed on the site. The total revenue generated from these sales was 9,519,664 Bitcoins, and the total commissions collected by Silk Road from the sales amounted to 614,305 Bitcoins. These figures are equivalent to roughly $1.2 billion in revenue and $79.8 million in commissions, at current Bitcoin exchange rates...", according to the September 2013 complaint, and involved 146,946 buyers and 3,877 vendors.[12] According to information users provided upon registering, 30 percent were from the United States, 27 percent chose to be "undeclared," and beyond that, in descending order of prevalence: the United Kingdom, Australia, Germany, Canada, Sweden, France, Russia, Italy, and the Netherlands. During the 60-day period from 24 May to 23 July, there were 1,217,218 messages sent over Silk Road's private messaging system.[12] Not really sure but its def in the tens of billions per year. Also there is a bigger shadow economy operating on the darkweb, worth hundreds of billions, the users include, big pharma corps/politicians/businessmen/bankers and lords of war. They turnover more than the world economy every year. Alot tried using BTC but now that they know they can be traced easily they are looking at other types of crypto.  |
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$6001  |
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Hello folks, I reached out to the dogepartychain.io creators over at coindaddy.io I'm waiting for a response to see how much it would be to implement a BLUR webwallet or at least BLUR chain explorer. if the community members who were working towards a webwallet or more user friendly BLUR interface could check in with progress report on slack that'd be great. I know a bunch of people got into BLUR as a speculative burn of their cravecoins. It would be nice to build up some infrastructure and training materials for it. When ICM releases the next feature set of multisig (and?) markets, the Crave price rise should allow anyone with a good heart thats making good returns to toss in a few bucks towards a crowdund opportunity. Will let you guys know when coindaddy.io or anyone else interested in working with us for a BLUR explorer and (web)wallet replies with pricing.
nice work m8, any update? |
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its coming....cravers, traders and fudders...get in this week if you wanna party,  |
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got my aaaseeeds today,lol tried a little bit. getting prepared for big... btw ill do this one off, i got a message on the blower earlier...tron/sdc/grid/pot this week she said  dont be greedy, they wont pump like crave did and is going to... *sdc looks shaky I think your friends should not waste time and money on sdc. I read on another thread that someone found an exploit in shadowtrash. Hundreds of thousands of ghostcoins are being dumped in buy orders for weeks. yeap i think your right, watch sdc dumping within a week  |
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wow mr-staker-itis,lol 4 rewards per hour (0.333) for last few hours, average 3 rewards per hour wow,lol |
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