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5701  Economy / Economics / Re: Reliable comparison between mining vs. buying and holding on: October 21, 2017, 11:34:24 PM
It is true that it is quite pointless to buy an ASIC miner and mine from home today. Overheads alone from electricity and cooling alone may outweigh your profits from mining, and your own hashrates may not be high enough to compete with the bigger miners around the world, resulting in much lower mining earnings than expected. These days, the best way to mine is to join a large mining pool - a pool large enough with a combined higher hashrate where all members of the pool pull their resources and work together to stand a better chance at validating a block. I am currently doing that with BitClub Network (BCN), in summary, for the following important reasons:

1. BCN's mining farm is located in Iceland where electricity tariff is low due to the use of geothermal and hydroelectric power. This significantly reduces overhead, leaving more of your bitcoin earned to be kept as profit. Cooling is provided naturally by the cool ambient air.

2. BCN is given a guaranteed hashrate by the manufacturer of AntMiner S9 that they currently use, which means that if there is any drop in hashrates or downtime in machines, additional resources are deployed to keep the hashrate at the agreed number. This sort of arrangement is not possible if you were to mine with your own rig, and you would need to constantly monitor its performance for downtime.

3. BCN is doing actual mining as can be verified on the blockchain.info website on the hashrate distribution chart for major miners across the world. The crowdfunded community is constantly growing with an increasing capacity in combined hashrate, with mining carried out with actual mining hardware. There are companies out there who claim to be doing mining but who don't actually possess or run their own machines, and some even go as far as to use the bitcoin phenomenon to capitalise on the gullibility of the public, without doing any actual mining at all.

4. One of the most important aspect of BCN's operation, which cannot be downplayed or underestimated, is their program for repurchases. This allows the current batch of mining hardware to be replaced and upgraded to the latest version when it becomes available, in order for the community as a whole to remain relevant in the mining race against other miners around the world. The older machines are sold off in the second hand market. This arrangement is possible without reinjection of funds by members, due to a repurchase plan and earnings apportionment that sets aside bitcoins mined for future use, equipment maintenance, and purchase of partial shares that keep the contract perpetual. Without this in place, the community as a whole would not be able to mine profitably and sustainably in the long term.

5. BCN has referral and compensation plans that allow members to build residual incomes, but only if they choose to want to do so. Earning bitcoins with BCN does not require members to do this, and most members are quite content with parking and sitting and earning bitcoins over time without doing much else. However, the compensation plans are there for those who wish to build. This building portion cannot be underestimated as well, as with this incentive for members to spread the word about bitcoin, BCN has been instrumental in bringing awareness about bitcoin and cryptocurrency to many parts of the world. If the price of bitcoin increases due to supply and demand, and from mass adoption or public awareness, then BCN is playing a small role contributing to that.

6. BCN has other cryptocurrency-related projects which they have and may introduce along the way. A more detailed description of the advantages and benefits of mining with BCN is provided at http://www.coinpurveyor.com/benefits-of-joining-bitclub-network/ and http://www.coinpurveyor.com/faq-bitcoin-mining-bcn/.

With bitcoin price often hitting all-time highs in the recent months, mining may still be a viable (and cost effective) option for anyone to accumulate bitcoin for future value appreciation.

For more information on getting started with bitcoin mining with BCN, kindly forward your queries to db6@coinpurveyor.com.
Seems like you shilin' fool.  All of your posts are about this "Club"

 It's because of the Ponzi-like nature of the club.  You have to sign people up and prey on their prey.
 It's multi-level bullshit using a pittance of mining for the illusion of credibility.  It's totally unsustainable but the top-level fucks are raking in the cash from the morons signing up, hence the trip to Iceland.
Too bad people are so gullible.








5702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 21, 2017, 05:51:12 PM
I remember Coinbase hitting 10M accounts like 4-6 weeks ago.

I just checked again and, holy crap, they're up to 11.3M accounts. That's 1.3M accounts added since.  Shocked

 grabbed this from reddit:



 I'll see if I can update it.


 Grabbed a few more points from the Wayback machine et voici:



 parabolic Smiley
5703  Other / Beginners & Help / Re: New Member Here! Gherik's The Name, Crypto's The Game! =) on: October 21, 2017, 03:57:13 PM
I decided to look around before posting, and found this thread for beginners and newbies, etc. I have read some of the rules, and am aware of no pointless threads as they create clutter.

With that said, I would like to then ask a few questions that I couldn't quite find answers to.

1. I am also a member of another crypto forum (CryptoCurrencyTalk), though I won't post URLs of other forums as I know some forums do not approve of that (hope just mentioning the name doesn't cause any problems, simply trying to explain where I came from). As such, I would like to know more about posting on this site, as I have read that repetitive posts of ref codes, etc. would just result on spam / clutter. However, I do not post repeatedly the same thing over and over, I usually only make 1 thread, and update it from time to time, and bumping it up (being the only ref thread I will have, and not creating multiples). Is it okay to have at least 1 ref thread, that receives consistent updates as I explore and discover new sites that I may find to be decent, and refer to other users? (I do research into sites before referring, as I know there are many scam sites. I also provide links to new sites newly discovered, but have little info to them, in which I then play guinea pig and put myself at risk for the sake of others, and would also update info on it as I would discover more on said site). Also curious if it is okay to have a ref thread, could I simply copy / paste my information I have obtained so far from my thread over in CryptoCurrencyTalk to this site?

2. Are we allowed to post our BTC or ETH (or any altcoin) addresses in our threads for donations? (not saying I'm a begger, simply asking if it's okay to post an address to my wallet if anyone is feeling charitable or thankful that I would provide information or put myself at risk at trying new sites for others when little info is given on sites)

3. Does bitcointalk.org serve cookies at 4 PM, with a cup of tea? =) (not specifying any time zone, so feel free to be creative with this one) ^_^

4. I know reputation must be earned, and I read a little into the trust system. Kinda like that idea, and I believe CryptoCurrencyTalk has something similar (as I have already received +2 within a month so yay me). ^_^ I will try to be active, though I do have a job and a life unfortunately. >_< Looking to reach retirement early if I succeed with cryptos, and also intend to diversify my money across multiple platforms (besides cryptos, I may do stocks, invest more in my 401k, perhaps bank CDs, and other means to achieve decent passive income to where I may not need to work anymore). Having free time and funds to support myself, and extra funds to possibly work on personal projects would be very nice. I also considered possibly starting a charity of some kind, but still not sure on what yet.

5. I have a bad habit of typing alot, and don't know when to stop, would now be a good time to stop? XD

Sorry for the long bible of an introduction, just thought I'd throw myself out there and not make such a short thread about it. If anyone took the time to actually read all this, I thank you, and sorry if I may have bled your eyes dry. =P


1. Copy pasting could get you banned (since nobody knows if it belonged to you or not).
2. In your sig
3. you're not that funny - give it up
4. that is one disjointed talking point but I gathered that you were going to try to be active until you found out newbies had to wait a few minutes between posts and that caused you to give up? huh
5. you should have broken 4 into several points and skipped this one - it was painfully obvious.  Are you related to JayJuanGee?


5704  Economy / Investor-based games / Re: Double Your Btc - double-your-btc.com on: October 21, 2017, 03:13:46 PM
I am NOT the Admin or Owner of this program!

(KINDLY NOTE: SITE IS SHOWING PAID ON ALL THE GOOD MONITORS)
Double Your Bitcoin

  

QUOTE
COMBINE BITCOIN MINING WITH OUR COMPANY PLAN TO EARN 200% WEEKLY WITH INDUSTRY LEADERS
We make industrial mining accessible for everyone. You get access to the newest and most advanced technologies in the industry, provided by the leading companies.


Three Easy Steps to Start Bitcoin Mining
Double Your Bitcoin in Only 7 Days (ROI 200%)
DOUBLE YOUR BTC

QUOTE
1 REGISTER
Don’t worry, it will take only a few
minutes to complete registration.
Choose

2 CHOOSE YOUR PLAN
Simply select your power
plan and pay for it.
DOUBLE YOUR BTC

3 RECEIVE BITCOIN
Now you all set up and ready to
collect freshly baked bitcoins.



Company Plans
QUOTE
MINING PLAN
200% / IN A WEEK
1 GHS - 1 USD
30 GHS - UNLIMITED GHS
7 Days Term Deposit
ROI 200%
20% REFER COMMISSION


JOIN HERE AND MESSAGE ME FOR MY REFERRAL LINK I WILL RETURN 100% RCB ON YOUR FIRST DEPOSIT

HERE IS ADMIN LINK : https://double-your-btc.com

My 1st payment Received on time:
0.0204907 BTC
https://blockchain.info/tx/7d330dc937afeebe248fd851c41c06e927c1851ff3c7b8e4c9303238ae1198b4

 Yeah you're just the script-writer testing the script with your own Bitcoins.
These are scams - Ponzi scams.

 If anyone wants to double their money, they can just buy and hold a Bitcoin.  It's not certain but it is certainly safer than using a Ponzi script.

5705  Local / Offtopic / Re: Cafeaua mea e mai buna acum. on: October 21, 2017, 02:13:47 PM
Intr-adevar cacao este un antioxidant f puternit si ajuta la incetinirea imbatranirii. Vazusem un documentar cu un trib care avea speranta de viata foarte mare si nu se intelegea de ce. Pana la urma au observat ca populatia din tribul respectiv obisnuiau sa consume niste bile facute din grasime animala si boabe de cafea.
Trei cesti pe zi mi se par multe ... eu ma limitez la 2...rar o beau si pe a treia. Problema e ca in comert se gasesc si multe porcarii. Ideal e ca beti cafea macinata proaspat.

 Foarte interesant! Mutumesc.
Acum 25 de ani, fratele meu detinea o cafenea si mi-a prezentat pentru prima oara cafeaua din boabe proaspat macinate.  A fost dragoste la prima inghititura si cafeaua instant n-a mai fost o optiune pentru mine. E mai scumpa dar e singura mea extravaganta... in afara de sotia mea bineinteles! Wink
5706  Economy / Invites & Accounts / Re: Best IP TV Service! on: October 21, 2017, 01:08:33 AM
Selling annual sub for the best IPTV subscription available. PM me for details on the provider name as I cannot announce it publicly.

$110, bitcoin only

for Hero members there is a 10% discount making it $100






 How about a vouch?
5707  Bitcoin / Development & Technical Discussion / Re: what was happened here? on: October 20, 2017, 01:02:20 AM
what was happened here?

(image clickable)


why don't we see this spike on other charts on https://jochen-hoenicke.de/queue/#24h

 There are other things wrong with this chart.  I have painted a stripe down the left side of the image using the same colour represented on the lowest tier of the graph.  As you can see it also matches one of the small upper tiers and yet I cannot find this same colour in the legend.  I would imagine there are some coding issues.



5708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 18, 2017, 07:51:12 PM


Yes, but how do you get corruption in that place?? Can you bribe people?? Smiley

I think Russia could be a more reasonable place! Smiley

to each their own

I prefer a functioning society WITHOUT official corruption, thanks.

Laws lead to corruption.

Corruption leads to chaos.

Chaos leads to…suffering.



Cool

WEEEE

 I would rephrase that to unfounded fear.   The Dodo was a fearless bird and it may well have been that lack of fear which led to the Dodo's demise.



It was also slow, clumsy, and delicious to eat (reportedly). On the other hand, the honey badger, although fairly fearless, seems to lack the other qualities.

 Your mama and your gov't had your back though.   They even vaccinated you. (pure speculation)
5709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 18, 2017, 07:48:50 PM


Yes, but how do you get corruption in that place?? Can you bribe people?? Smiley

I think Russia could be a more reasonable place! Smiley

to each their own

I prefer a functioning society WITHOUT official corruption, thanks.

Laws lead to corruption.

Corruption leads to chaos.

Chaos leads to…suffering.



Cool

WEEEE

 I would rephrase that to unfounded fear.   The Dodo was a fearless bird and it may well have been that lack of fear which led to the Dodo's demise.



It was also slow, clumsy, and delicious to eat (reportedly). On the other hand, the honey badger, although fairly fearless, seems to lack the other qualities.
Also it shrugs off venomous snake bites. Fucker has nothing to fear, thus it doesn't.

 Well we know it protects its young from zebras so it must sense the danger.
I am not disagreeing that they are one tough customer.
5710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 18, 2017, 07:35:11 PM


Yes, but how do you get corruption in that place?? Can you bribe people?? Smiley

I think Russia could be a more reasonable place! Smiley

to each their own

I prefer a functioning society WITHOUT official corruption, thanks.

Laws lead to corruption.

Corruption leads to chaos.

Chaos leads to…suffering.



Cool

WEEEE

 I would rephrase that to unfounded fear.   The Dodo was a fearless bird and it may well have been that lack of fear which led to the Dodo's demise.

5711  Alternate cryptocurrencies / Mining (Altcoins) / Re: Restarting miner boost the speed on: October 18, 2017, 12:07:09 PM
Is there a relation between restarting the miner and the hashrate , as i realized many times if i restarted my miner for any reason my hashrate increase at the begining of work it shows on the miner speed and also show a peak speed at the mining pool site .

 Hash rate is calculated based on the number of shares submitted in a given period of time; it is a simple calculation of shares/time.  I suggest you graph the results to see if there is any real correlation or you are selectively remembering the higher rates while ignoring lower rates.  Perhaps you are submitting shares from the memory of your device when you reconnect to the pool which would skew the average.
5712  Alternate cryptocurrencies / Altcoin Discussion / Re: Best wallet to store btc during hardfork to get bitcoin gold on: October 17, 2017, 02:48:44 AM
I use coinbase and it is good ! I read a lot about it and a lot of expert recommand it . Easy to use ! You can buy and sell . And secure

 So Ahmed28, how many BCH were you able to extract from your coinbase wallet?
5713  Bitcoin / Hardware / Re: GekkoScience 2Pac BM1384 Stickminer Official Support Thread on: October 17, 2017, 02:27:04 AM
... Yes, of course they are 5V. That is the voltage spec for USB devices...
What matter is how much current PER-PORT the hub will provide. You want to have at least 2A (2000ma) per-port to run a 2PAC at nice speeds. As a general search, look for 'Charging hubs' made to power tablets and such.

Um there is a thread not to far away specifically about powered hubs and 2PAC's...

edit: Ok, so the thread was 3 pages in so   here is 2PAC powerd hub thread.

good to know I will be pack when I get a better usb hub. fyi it really sucks that the ones they are usually are not available on amazon anymore, but at least I know what I am looking for so 10-12amps per usb slot should be plenty I hope

 You wont find a commercially available hub with specs like that.  Charging ports are 2.1A and you generally can't charge and transfer data at the same time.  If you can find something ~2A per port that does both, buy it!  Also, watch the rating on the power supply - most powered hubs come with a shitty 40watt adapter these days which means you can't use all the ports at the same time.


5714  Alternate cryptocurrencies / Altcoin Discussion / Re: Best wallet to store btc during hardfork to get bitcoin gold on: October 17, 2017, 01:47:06 AM
•What does hardfork do? Sorry I dont get it, will it affect our tokens?

I am just a noob here I am really for the question and that you for the understanding I am really just a noob. I am in the process of learning everything here step by step.

It seems like you don't have any tokens to worry about.  Be careful; people might start confusing you for a sig spammer.
5715  Bitcoin / Project Development / Re: Advice needed: How do Bitcoin-denominated gaming sites attract market makers? on: October 17, 2017, 01:21:33 AM
Two things off the top of my head

#1 Bitcoin is not anonymous
#2 Ethan Burnside (he had similar disclaimers about his trading site being a game)

5716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 17, 2017, 01:03:40 AM
~6,000,000,000,000,000,000,000,000 kilograms of gold created quite far away https://www.instagram.com/p/BaUYHuCnXKQ/

 lol we need an animation to understand the gravity of this event.  Here's what scientist saw:



KaBoOM!
5717  Bitcoin / Development & Technical Discussion / Re: Limit of recieving addresses on: October 16, 2017, 10:41:50 PM
Come on now

115792089237316195423570985008687907853269984665640564039457584007913129639935 is not that close to infinity.  Smiley
5718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 15, 2017, 04:03:36 PM
Be careful : Hacked database of passwords of all usernames is used to change your profile (and so, your password) without email notification (and so, your email linked to your profile).

Please change immediately your password with one that Bitcointalk don't have seen since ... 2014.
Please change email password if 1 of the password have been seen per Bitcointalk in your profile.

https://bitcointalk.org/index.php?topic=2272567.0
Oh sh***. Thanks for the heads up, Meuh.

It seems legendary accounts are the most heavily targeted. I just changed my password - but I don't get it: is it that some cracker gang got hold of an old passwd database, or are they simply able to get new versions whenever they feel like it?

DAMMIT!  I started getting crypto spam daily on Sept 15th 2017 to the gmail account that I use here but I just noticed yesterday since I rarely check the Spam folder.

5719  Bitcoin / Bitcoin Discussion / Re: HOT Jamie Dimon Breaks One-Day Silence to Call Bitcoin Investors Stupid HOT on: October 14, 2017, 02:10:24 PM


What do you think fellow investors  Huh Huh

I am not stupid  Cheesy



 You're not stupid.  You know what we think.

5720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2017, 01:03:40 PM
I need your help or advice, bittrex is blocking members account I immediately removed all my funds from bittrex, but what other exchange can I use?

I need some exchange that is not equal to poloniex, bittrex or yobit.

I need a professional exchange, that answer support tickets.
Try Kraken. They run their server on a toaster, but they don't fuck around with people.
Lol, yeah Kraken is fine for longer term buys, but sucks for day trading the volatile moments.

Or whenever there's a "free coin" fork.
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