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Can u explain this a little bit better ? Why does difficulty factor have impact on ur earnings if this is trading platform , not mining.
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most exchanges dont accept money transfer from the US, without fiat in your account how you buy crypto?
Jezzz... Then i think ur best option is Localbitcoins |
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Hehe... Great thing u have going there.
Just few questions, i bought 5 ghs like 1h ago, when do i get it ?
Also i need to change my Payment address. How i can do that ?
Tnx alot ... Looking forward mining with u guys . This 5ghs is only test to see how its going with u guys .
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U can buy on LBC, but for bit higher price . Also u can catch some panic sellers on virwox, coinbase, btc-e , bitstamp ... Its not that hard u just need to try different options.
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Yeah ponzi works till it don't. To bad for people who come to late.  . I never entered a ponzi... But this might be my first time . Let me think a bit  |
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Last i played was Assassins Creed 4 black flag, i play World of Tanks, Battlefield 4 , Hawx 2
That is all atm.
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New Banking Task Force to Study Digital Currencies
Jon Southurst (@southtopia) | Published on February 22, 2014 at 10:40 GMT | News, Regulation, US & Canada
The Chairman of the US Senate’s Homeland Security & Governmental Affairs Committee (HSGAC) which investigated digital currencies in November has responded positively to the creation of a new state bankers’ task force to perform its own study into what sort of regulation is necessary.
The new “Emerging Payments Task Force” comes from the Conference of State Bank Supervisors (CSBS), a national meeting group of regulators from all states “dedicated to advancing the state banking system” in the US at a federal level. It aims to study the impacts and potential consumer protection issues arising from new payment method technologies, including bitcoin, among several others.
HSGAC Chairman Senator Tom Carper (D-Del) issued a press statement earlier approving the move, saying he wanted to ensure governments “are adequately protecting consumers and addressing lawbreakers without hindering innovation”.
“That’s why I am encouraged that the Conference of State Bank Supervisors is paying attention to this evolving technology and looking for ways to better coordinate oversight to protect consumers and local communities.
While there is still more work to be done, this is an important step. I encourage federal and state agencies and local entities, including banks, to further their collaboration so consumers and businesses can understand the rules of the road and be well served by them.”
Digital currency stakeholders
The Task Force will speak to a “broad range of stakeholders” in the virtual currency and payments sphere, including state and federal regulators, people in the industry, and other experts. It too believes there must be enough regulation to protect participants but not at the expense of progress.
“State regulators welcome a robust and focused dialogue about the benefits and risks of innovations to payment systems,” said CSBS Chairman and Kentucky Department of Financial Institutions Commissioner Charles A. Vice. “We seek an environment where technological innovation can be developed, but also regulated in a clear manner.”
The Task Force will include state regulators from nine states, including Superintendent of New York State Department of Financial Services Benjamin Lawsky, who oversaw that Department’s recent hearings into digital currencies and who also promotes special ‘BitLicence’ money transmitter regulations specific to such systems.
On its website, the Conference of State Bank Supervisors introduces itself thus:
“Our regulator membership sets us apart from other Washington organizations. Our strength lies in bringing all state banking departments together to present a unified voice in Washington. Through CSBS, state bank regulatory agencies continue to champion a system that offers competitive chartering options and efficient and effective – and local – supervision.”
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Japanese Police Shut Down Protest at Mt. GoxJon Southurst (@southtopia) | Published on February 22, 2014 at 09:36 GMT | Companies, Exchanges, Mt. Gox, News The small group of protestors outside Mt. Gox in Tokyo were moved on late yesterday by Japanese police, and warned not to return without a ‘demonstration license’. Organizer Kolin Burges said the police were called not by Mt. Gox, but one of the building’s other tenants who had reportedly had enough of the protestors’ week-long presence at the building. Mt. Gox management was also said to be irritated by the ongoing sit-in, claiming “security problems” caused by the protest and other technical issues were slowing its progress at fixing its bitcoin withdrawal problem. The company had previously posted a notice on its support page claiming to be moving location.  The protests received attention from both bitcoin fans and the Japanese media This effectively ends the protest in its current form, since the group is unlikely to secure the license. For the most part the protest consisted only of two people, though they had been joined at other stages during the week by curious bitcoiners and financial media reporters. One of the Japanese language signs the pair was holding invited locals to join in and gave the street address. Growing numbers Burges said there were around 10 people standing near the building when police arrived. He explained: “We went to the police station for a license and were told that for a demonstration license you need to move along a pre-planned route, with start and end points. So it looks like we cannot get a license and can’t go back there.” Anyone walking through Tokyo on any given weekend is bound to encounter a rally or two, many of which do not appear to be moving, and which can be quite rowdy. The most common demonstration themes are anti-nuclear power or North Korea, plus the infamous loudspeaker buses operated by the far-right uyoku. The Russian, Chinese and US embassies are popular rallying points, and all have a permanent riot squad presence. Burges indicated he still wanted to continue the protest in some form, but would have to think of other tactics. A physical presence may or may not be involved, though it is generally considered unwise to tempt fate with the Japanese police after a warning.  The price of a bitcoin on Mt. Gox continues to slide, even falling below the $100 mark at one point and hovering around that amount since. Most price aggregators, including CoinDesk’s Bitcoin Price Index, have removed Mt. Gox from their averages. The average global price is a comparatively robust $564, but still much lower than the $900 or so before the current problems began to get attention. Protest images credit: Abasa Phillips
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Haha... Stunna , i just realized something . Primedice.com is not on Bing search !?!? Come on rely ? I see only blog there, and that is coz of tumblr . I cant believe, tell me i am wrong pls. Ur devs did't bother to put it on bing ? Tell them to fix this ASAP . And that means its not on Yahoo to, it uses same back end. Guys can u try BING IT ON ? AHahha... Our SEO is currently terrible. We were flooded with 'bad' back links (Assuming competitors). We're looking to fix this up ASAP . Good... Jezzz... I was what the hell No pd on bing search :S . They have combined with yahoo only 13.84% market share , but still pd needs to be everywhere . Apple's Siri using it to so... Hah, no one uses Bing or Yahoo... Google Now FTW! Hehehe... Actually i just said 13.84% uses it . And most likely some good percentage of IOS users to. But that is to much offtopic edit: Btw, how much do they pay u for that sig ? Must be a whole lot more , u are mod on PD |
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Haha... Stunna , i just realized something . Primedice.com is not on Bing search !?!? Come on rely ? I see only blog there, and that is coz of tumblr . I cant believe, tell me i am wrong pls. Ur devs did't bother to put it on bing ? Tell them to fix this ASAP . And that means its not on Yahoo to, it uses same back end. Guys can u try BING IT ON ? AHahha... Our SEO is currently terrible. We were flooded with 'bad' back links (Assuming competitors). We're looking to fix this up ASAP . Good... Jezzz... I was what the hell No pd on bing search :S . They have combined with yahoo only 13.84% market share , but still pd needs to be everywhere . Apple's Siri using it to so... |
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Haha... Stunna , i just realized something . Primedice.com is not on Bing search !?!? Come on rely ? I see only blog there, and that is coz of tumblr . I cant believe, tell me i am wrong pls. Ur devs did't bother to put it on bing ? Tell them to fix this ASAP . And that means its not on Yahoo to, it uses same back end. Guys can u try BING IT ON ? AHahha... |
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I wonder what that site will be . Can't wait. |
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New Documents Show Goldman Sachs is Discussing Bitcoin
Pete Rizzo (@pete_rizzo_) | Published on February 21, 2014 at 22:52 GMT | Companies, Investors, News
New York-based global investment banking giant Goldman Sachs has completed an initial assessment of digital currencies that concluded they are currently too volatile for serious investors.
The news comes from noted online news source TechCrunch, which says it obtained a copy of an internal discussion document from a contact at Goldman Sachs.
The excerpts posted by the media outlet provide evidence that Goldman Sachs is currently looking into the currency, though it is uncertain about its benefits. The bank even went so far as to suggest that it remains confused by the uproar surrounding virtual currencies.
Said one excerpt:
“2013 was the year when Bitcoin became a mainstay in mass media, to the extent that it has become hard to separate the effect of hype surrounding the currency from its fundamentals.”
While the bank’s major findings noted a laundry list of the virtual currency’s shortcomings, it acknowledged some of the potential benefits of bitcoin. In particular, it noted bitcoin’s ability to remove processing costs from micropayments and to provide “anonymity, security and a natively digital experience to online transactions for consumers”.
The news comes just weeks after JPMorgan weighed in on bitcoin with a more formal report that labeled digital currencies as “vastly inferior to fiat currencies“.
Notable findings
Ultimately, the report concluded that bitcoin is not yet suitable for merchant use due to its price volatility. This was a criticism also held by JPMorgan, which suggested that this risk outweighed the benefits of any potential savings.
On the matter of consumer use, Goldman Sachs determined that “there are more speculators in bitcoin versus participants in e-commerce”. The comments indicate the bank believes bitcoin needs to attain a greater level of liquidity before it becomes useful as a currency, though reports suggest that this shift may already be occurring.
Indeed, the bank found that bitcoin lacks a number of other attributes that could make it attractive to investors:
“There is no liquid derivative market for Bitcoin; nor a large market of B2B suppliers which companies can use for spending Bitcoin.”
Opportunities
The report summaries suggest that Goldman Sachs believe bitcoin to be far from a point of mass adoption, but that significant opportunities could one day exist in the ecosystem for investors.
The document said:
“As a full suite of financial services build up around Bitcoin, there will be numerous (mostly commission- based) revenue opportunities investors can focus on, including providing exchanges, wallets, payment processing, lending, derivatives and other services.”
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Does anyone know when prime dice 3 will come out?
Its hard to say, last dead line was end of February on primedice blog. But they still have some issues as u can see up in this topic. |
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Bitcoin Investor Syndicate Breaks into AngelList Top 10
Pete Rizzo (@pete_rizzo_) | Published on February 21, 2014 at 20:30 GMT | Investors, News, Startups
A bitcoin syndicate cracked AngelList’s top 10 for the first time on 21st February, just one month after it was initially formed.
Created by bitcoin venture capitalist Brock Pierce, who founded ExpressCoin, GoCoin, KnCMiner and Robocoin Asia, the syndicate now ranks eighth in terms of its total monetary backing, with $501,250 from 23 backers.
Syndicate backers include BitAngels Fund managing director David Johnston, SilkRoad Equity co-founder Matthew Roszak and 500 Startups venture partner Sean Percival and SIM managing partner W Bradford Stephens.
The syndicate will support 12 bitcoin-related startups this year, with an average of $50,000 being awarded to each company. Companies must contribute to digital currency in order to be eligible for the funds.
Angels can join the syndicate with a minimum investment of $5,000.
The announcement comes amid increasing investor activity in the virtual currency space. Notably, SecondMarket’s Bitcoin Investment Trust recently passed 80,000 BTC in holdings, while Cameron and Tyler Winklevoss just this week submitted a revised filing for a public bitcoin ETF.
How AngelList syndicates work
AngelList allows any angel investor or fund to form a syndicate, and for backers to then invest alongside them so that they can collaborate on future deals.
As explained by AngelList, “backers get access to dealflow, leads get carry and startups get access to capital”. Backers pay 5-20% carry per deal to the syndicate lead, and 5% to AngelList for facilitating the deals.
Investors are first screened through a verification process, and a special purpose vehicle LLC is created for each investment. Due to US Securities and Exchange Commission (SEC) regulations, only 99 investors can participate in the syndicate, meaning that Pierce’s fund has already reached one-quarter of its maximum capacity.
About the investors
In addition to Pierce, the syndicate includes a noted cast of virtual currency investors. For example, Percival is an advisor for San Francisco-based wallet provider Blockchain.info.
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BitPay Updates Wallet for Smoother QR Code User Experience
Pete Rizzo (@pete_rizzo_) | Published on February 21, 2014 at 19:34 GMT | BitPay, Companies, News
Georgia-based bitcoin merchant processing provider BitPay has announced the launch of the Bitcoin Payment Protocol, a wallet update designed to eliminate the “human error in making a bitcoin payment”.
In the official announcement, the company said the update would reduce friction at the point of sale by eliminating the need for consumers to copy the address and amount into their wallet. At checkout, users who scan a QR code or click to initiate payment will only be presented two options, pay or don’t pay.
Though this may sound like a small improvement, Stephen Pair, CTO and co-founder of BitPay, explains these errors can create inefficiencies that can bog down the payments network.
“We see common errors that people make. Some people pay too little or too much to a BitPay invoice, so that creates a payment exception that requires a support ticket.”
These leftover payments not only detract from the customer experience, however, they also have broader implications for how BitPay interacts with the mining community.
Notably, the update comes just one week after it launched Bitcore, an open-source project for app developers, and as the company is onboarding more merchants than ever.
BitPay has estimated that it now brings on 1,000 new merchants a week.
Reduced consumer friction
BitPay said that the new update improves the usability of QR codes for bitcoin payments by supporting BIP 73, an enhancement to the payment protocol BIP 70. BIP 73 seeks to reduce the density of QR codes.
The company said that this will ensure its QR codes work better in low-light settings and at longer distances. Further, they come with advantages for first-time users, as they are also normal HTTP URLs that can send instructions to devices.
The Payment Protocol makes improvements to ease merchant-seller disputes, too, as it supplies a refund address along with each payment.
Explained BitPay:
“This approach to refunds works on the block chain, with any wallet software, and does not require the buyers to have a BitPay account.”
For a more on BIP 73 and its technical improvements, you can find a detailed overview here.
A market for transaction fees
BitPay explains that the big picture behind the update is that it eliminates the Bitcoin mesh network that had previously helped communicate transactions between both senders and recipients and originators and the mining community.
Explains Pair:
“With the payment protocol, you communicate the payment from sender to recipient directly [...] so the wallet can send it to BitPay and then BitPay broadcasts it on the mesh network.”
This direct communications path, Pair said, helps BitPay account for nodes that may require certain fees in to maintain their profitability.
Pair went to on to detail how this would take the guesswork out of determining the fees for a transaction to get included in a block, help to develop a market around processing transaction fees and allow BitPay to better ensure these transactions can be sent through a block within a desired timeframe.
“Creating a true market for transaction fees, is really where the market needs to evolve,” Pair said.
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This is great i used it to make addy from my sig . |
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“The governments of the world have spent hundreds and hundreds of trillions of dollars bailing out a decaying, dickensian, outmoded system called banking, when the solution to the future of finance is peer-to-peer. It’s going to be alternative currencies like bitcoin and it’s not actually going to be a banking system as we had before 2008.” - Patrick Young, Financial analyst
“Gold is a great way to preserve wealth but it is hard to move around. You do need some kind of alternative and it fits the bill. I’m not surprised to see that happening.” - James G. Rickards, American lawyer, economist, and investment banker
“Bitcoin is getting there but it’s not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations.” - Rickard Falkvinge, Founder of the Swedish Pirate Party
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