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I can only wish we do have some regulation related to consumer protection. This is the weakest BTC point ATM. However, I do not see that being implemented for at least a year or so.
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Well, for anyone born after 1970, it s definitely not complicate to use BTC. If you refer to our grandparents, then probably yes.
However, people do need to adapt, I still see some people refusing to use credit card cause it s some kind of magic piece of plastic which generates money.
Easiness to use it not an issue. The number of scammers in the industry is.
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I have fallen out of the bitcoin world many months back. I'm starting to think the dust has settled now.
I setup coinbase to buy $10 a day of the next year and a half until the next block halving sometime in 2016.
I going to go about my business. No investing in miners, altcoins, etc, etc, etc. I am simply just going to try and forget it.
This is a strange plan. If you have money and belive the price ll go up, buy it all now. Regarding BTC investing, it really can be profitable, just you need to make sure to avoid ponzies and scam which s not that hard. Just skip anything with 0 transparency and unrealistic returns. 60 days ROI, yes, right. |
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Ok, lots of nice options posted here. What else is there worth of checking out?
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100% scam. I guess we have all registered for something and its not coinbase. Can anyone guess what that might be?
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Then a person asked: it was more than 100 million and now it's gone ?
I just don't see how all this cash could be gone so soon and of course HJG avoided the hard questions. He is probably thinking "I apologized, shouldn't that be enough?" This is another BS on the long list of BS he s been selling to his clients. 100 mill spent??? On what? There s no way he was able to spend 1/10 out of that amount. In other words, Homers is a full of S. |
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Since everything s taken, I have to go with something optimistic. -2.26 to -2.50.
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You will not live long enough to see that happen. The last one should be mined in about 100 years. The price ll go up much sooner then that.
I would suggest you do a bit more of reading.
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You need to do a lot of reading my friend. Asking these king of stupid questions show your lack of interest to read stuff.
However, here s a couple of info for you:
IMHO, the most important alts would be Litecoin, Dash, Dogecoin, Feathercoin, Vertcoin, etc.
Most of these altcoin re based on BTC by design but also offer some other interesting traits, faster transactions, total anonymity, some cannot be mined by ASIC, some can be mined and staked, they have different quantities etc. Why do we need them? Well why do you need Coke, Pepsi, Fanta, Sprite, etc. They are all in essence the same, non-alcoholic beverages. People like diversity and more importantly, more coins generated more competition which makes dev teams to continue improving crypto economy. If you do not modernize, you go down.
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Ok, will do that. Another question, what does it say on the card, I assume holders name is there, what about some CC company, VISA, Mastercard? Or just XAPO? It looks like this:
So it looks like an ordinary VISA debit card. Nice to know this. Thx. |
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This forum is so much better than TV.
Heh. True. Pizza and popcorn should be included. |
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So, what s the verdict in the end? If I ever make 6 mill in BTC, I would really like to know the way to cash those out. What has your friend opted for?
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Ebay. Buy bitcoin, pay with paypal.
Ebay. Sell bitcoin, get paid with paypal.
I'm sorry if my post is too short..
Markup eBay sellers actually charge for transactions s not acceptable. Paypal is a tough one but buy BTC with your credit card is much easier task. There are several services which allow that, I personally use Cex.io but I hear Bit-x s also good. 3D secure credit card s required for Cex.io. |
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I'm having my web developer add an about us page with all of my information there.
Also, in case anyone is interested, we just did another release to keep the prices from going out of the ROI range, another release has just been done at 25 BURST, so you can buy directly from us right now if you jump on it!
A responsive and active dev team with positive trust ration. So rare in the crypto world. I wish you best of luck and I will be joining this week. |
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I think hashnest is most reliable because it is not only backed by major manufacturer - it is owned by major manufacturer and they can't just scam on cloudmining and continue operations like nothing happened. If I am to invest I will invest definitely there.
The only issue I see with hashnest is the fact they pay per block. Genesis Mining, for example pays a more-less fixed amount per day. It probably comes down to the same amount but it is a bit discouraging when Antpool hits bad luck for 5 days in a row and your payments get cut in half. I m not sure how does Bit-X pays. |
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A question, how long does the identify verification lasts and can I apply directly for this or do I need apply and wait for you guys to invite me to do identity verification. I know some people used to wait for your services for a long time even after they applied via the website.
The verification is usually instant if you entered all the information correctly. If there is anything slightly off, it may require manual review by our compliance team, but they usually take care of these cases in a day or two. Feel free to PM me if you want me to check out your account personally. Ok, will do that. Another question, what does it say on the card, I assume holders name is there, what about some CC company, VISA, Mastercard? Or just XAPO? |
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It would be nice to see some automated deposit/withdrawal system in the future which would look more professional.
However, IMHO, transparency s the primary issue you should deal with on the website. People are not keen on investing into something without VERIFIABLE person behind it.
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Yes, both Bit X and Hashenst are legit and backed by real hardware. You just need to devise a good reinvestment plan to counteract diff growth and hope for this growth to stay moderate until you actually reach ROI.
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hmmmm, I am new to mining I am only 6 months into it I am not a old VGA card miner were you guys made a fortune off of one card.
Ok, I can understand that. Anywaym diff growth of us to 15% per month (two adjustment of about 7.5% each) s considered moderate. However, we used to face these large spikes some time ago when the base was not that large as we have it now. As soon as the next gen of miners gets delivered, we ll see if these large jumps are gonna come back or not. This low BTC price s also a limiting factor, profit margins are quite thin. You say 15% per month multiply that by 12 months if it keeps going up at that rate it will have gone up by 180 percent to me I think bitcoin market is crashing and soon to be dead. I see more people investing in other coins as well. Also I see bitmain trying to push the S5's Before there dead. They are pushing cloud mining so they don't have to make anymore hardware. The only hardware they will make is for there own farms which makes sense since they will save a lot of cash that way the make more profit. I don't see a S6 or S5 to S6 upgrade or Just a new chip S6. Makes sense because that's what I would do if I were in the business. Remember there are two sides to the BITCOIN. All I was asking if you think investing 2 BTC in pacmia is worth the risk ? Is there anyone out there that has a pacmia contract already that has around 2 BTC not 20000 BTC ? Thanks for every ones help. Well yes, diff rises a lot. This is a very competitive industry. After all we all mine some magic digital money, you really think there are only few people on this planet who like that idea. BTC mining diff will continue to go up and if you cannot keep up the pace, I suggest you switch to something else. 2 BTC ll bring you 5% every 4 months or so. That s 0.1 BTC or currently about $25. You do the rest of the math. |
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is there a reliable cloud mining service mining altcoins and instantly converting them to btc?
No man, nothing out there is reliable. And especially not at these cryptocurrency prices at the moment. I do not think there is a single one operational. Does Zeus still offer their overpriced service? Genesis Mining has shut down their scrypt operation. is legitimate. Bit-x s fine but he wanted a service mining altcoins and converting into BTC. Bit-x mines SHA-256 AFAIK. |
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