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5721  Economy / Service Discussion / Re: HASHNEST Discussion and Support Thread on: April 04, 2015, 05:41:11 AM
Block payouts are behind again Sad  Last paid 8 hours ago block 350555

Anyone else? or just me?

Edit - blocks paid now...

This happens from time to time but they always fix it. No need to worry about that. Hashnest is one of the most reliable cloud mining services I was ever in.
However, some people used to say that for Amhash as well.  Grin
5722  Economy / Service Discussion / Re: Bitcoin Investing on: April 04, 2015, 05:37:41 AM
This is ponzi 100%. Welcome email s gmail.com

The entire website looks so amateurish, cant believe my eyes how these scammers think people re that stupid.

TRANSPARENCY dude. Names, who s behind it, what do you do with the money, where are you located, registration data?

Stop selling BS to people.

All in all, I recommend everyone not even to touch this website.

I appreciate your dedication to protect the forum members from fraud, but I have a proposal for you. Stay a member for one week, watch profit grow, watch the website and everything else become more professional, then come back and post your official review. I think you will be satisfied with the results by then.

I will PAY YOU .05 BTC to do this ^

Sincerely
Caleb

It s a deal Caleb and I ll do it for free. My opinion about something cannot be bought. I ve registered two days ago, even sent you an email to you to shut down my account after initial disappointment so you know who I am. A week from today, I ll post my impressions. I value transparency more then anything, I really hope you are legit.
5723  Bitcoin / Bitcoin Discussion / Re: Do you have a feeling BTC has slowed down a bit? on: April 04, 2015, 05:33:10 AM
After quite turbulent events during the last few years, I somehow feel BTC economy s been slowing down a bit. Maybe people are losing interest after not seeing those price jumps/decreases which we witnessed in the past. I know statistics ll probably dispute my claims but this is just my feeling. How do you feel about it, are people still into BTC?

Bitcoin tends to have short bursts of highly rapid growth surrounded by long phases of slow, zero, or slight negative growth. If you look at the history of BTC adoption as well as historical price charts, you will see that there was very little growth or activity happening in the BTC scene between January 2009 and January 2010. In the beginning of 2009, the network difficulty was 1.0. On January 2010, the network difficulty was 1.18. One month after Satoshi launched Bitcoin, the network hashrate was 5 MH/s. Ten months later, it was 6 MH/s. Much of this hashrate could be attributed to Satoshi himself as well as a few extremely early adopters such as Hal Finney mining on their home computers.

In 2010, Bitcoin adoption grew at a slow but steady pace. The first significant spike in terms of activity didn't really happen until early to mid 2011. That was during the June bubble which pulled a lot of mainstream users into the BTC community. The price went from cents to $33 before crashing back down to $3 later in the year. A lot of miners joined in resulting in the hashrate exploding from 100 GH/s to 10,000 GH/s. Many businesses started accepting Bitcoin too. Silk Road and BitPay were both also established in this year.

(Keep in mind that before mid 2011, Bitcoin was almost completely unknown to the outside world. Those few months constitute a very special and significant event in Bitcoin's history.)

Compared to 2011 however, 2012 was another lackluster year for Bitcoin similar to 2010. Bitcoin's price started off at $7 in the beginning of the year and only grew to $13 by the year's end. Bitcoin was still growing, new companies were still entering the scene, and new Bitcoin startups were still being created although most of this happened behind the scenes.

Then came 2013 which was another repeat of 2011 except now there were two bubbles this time. The first happened when the price shot up from $13 to $266 by April before collapsing. Then it repeated itself later in the year when the price reached over $1,200 before collapsing again. This of course created huge publicity which brought Bitcoin back onto television screens and the mainstream media. Tons of people started entering the Bitcoin community.

Since the last bubble happened so quickly and was almost completely sustained by hype, naturally the price fell afterwards as the hype failed to materialize.

2014 was mostly about dealing with the after effects that this massive bubble created. You now had a lot more people involved in the Bitcoin scene than previously but the increase in price was still way out of proportion to the increased demand. People realized this and so money began leaving the scene. Then as prices dropped further, more people cashed in their coins and left.

TL:DR; Price goes up and people rush in = increased activity. Price doesn't go to the moon so people lose interest and start to leave = decreased activity.

Hah, interesting analysis. So if this all true, when do you foresee the next phase of highly rapid growth?
5724  Bitcoin / Bitcoin Discussion / Re: Bitcoin is slowly warming g upto the Wall Street on: April 04, 2015, 05:31:31 AM
In my opinion, if wall street ever gets the hang of it, it will be do or die situation. I think it might be the catalyst that was needed for the bitcoin market to finally establish on the global market, or it might be the rolar coaster ride that that ends with disaster for the community.
Either way, it might be the final throw at dice.

The main problem is that Wall Street will not seriously take a grip of it without some of form of regulation. After all, would you trade oil if there wasn't any regulation related to its production, distribution and trade? Who would put millions in it?
5725  Bitcoin / Bitcoin Discussion / Re: Bitcoin is still in the year 2013. How do we get past it? on: April 04, 2015, 05:30:06 AM
Yes! Exactly my point. I have even started a threat about things slowing down a bit in the BTC economy. Not many new things are taking place, at least not on the surface.
I really hope this Wall Street involvement is going to speed up things.
5726  Economy / Securities / Re: Anything sustainable worth of investing? on: April 03, 2015, 08:49:39 PM
We are offering BURST assets that are based around the function of our company and our new products. We also base our assets on trading. We have enough power in mining to back them all and we keep adding more. Right now the ROI is around a year, but we're constantly adding more to give more to everyone. Our main asset is called ByteEnt. Backed by fee on our pool (second largest currently in the world for BURST.)

We also offer a more risky investment that is based off our altcoin trading. Then another that pays interest of 2% a month.

They are trusted investments that we will continue to build and make better.

We have a great team and continue to release new projects.

(currently the block explorer is down for some maintenance and switching to a new server as the coder for this is currently out of town.)


I know this isn't a BTC investment, (well, aside from the most risky asset which we only accept BTC for as to not dump BURST.) But I just wanted to show that there are a few people still trying to offer legit investments for people in the crypto market.

http://byte.enterprises

edit: we also plan to offer a true cloudmining operation that is based in BURST. The reason this can work is due to BURST being mined on hard drives. The model is completely different than someone mining BTC. The power consumption is MUCH lower. Only issue currently is BURST price causing ROI to be longer than a year, so I can't price anything exactly right to work for everyone quite yet. But that is down the line we still plan to offer this as well. If we can make it feasible.

If we do offer any cloud setups, proof will be provided in forms of accounts you can watch mining on our pool, and pictures of the farm given to those who ask in PM. Could also arrange for video.

But this is still a ways off yet.

This sounds interesting. What are up to date results of the fund? Is there any table where we can see how did you do in the past?

The assets were all just released, as it took us a few months to get built up and build our projects and sites and have something to show. We have just done our first payout for ByteEnt asset, and it came out to about 5% for the month for everyone. This will soon go up.

The other asset ByteBank, paid its 2% for the month.

The third asset hasn't really been pushed for investors yet, and we will be pushing that more in the future. As of right now we're mostly focused on the first two assets. However, if we had a sizeable investor that wanted to give the project a kick-start, it would be welcomed. Smiley

Wait, I see only two assents on the website, the bank and the fund. What s the third one and which are operational ATM?
5727  Economy / Service Discussion / Re: Bitcoin Investing on: April 03, 2015, 08:46:50 PM
This is ponzi 100%. Welcome email s gmail.com

The entire website looks so amateurish, cant believe my eyes how these scammers think people re that stupid.

TRANSPARENCY dude. Names, who s behind it, what do you do with the money, where are you located, registration data?

Stop selling BS to people.

All in all, I recommend everyone not even to touch this website.
5728  Economy / Securities / Re: Anything sustainable worth of investing? on: April 03, 2015, 07:24:54 PM
We are offering BURST assets that are based around the function of our company and our new products. We also base our assets on trading. We have enough power in mining to back them all and we keep adding more. Right now the ROI is around a year, but we're constantly adding more to give more to everyone. Our main asset is called ByteEnt. Backed by fee on our pool (second largest currently in the world for BURST.)

We also offer a more risky investment that is based off our altcoin trading. Then another that pays interest of 2% a month.

They are trusted investments that we will continue to build and make better.

We have a great team and continue to release new projects.

(currently the block explorer is down for some maintenance and switching to a new server as the coder for this is currently out of town.)


I know this isn't a BTC investment, (well, aside from the most risky asset which we only accept BTC for as to not dump BURST.) But I just wanted to show that there are a few people still trying to offer legit investments for people in the crypto market.

http://byte.enterprises

edit: we also plan to offer a true cloudmining operation that is based in BURST. The reason this can work is due to BURST being mined on hard drives. The model is completely different than someone mining BTC. The power consumption is MUCH lower. Only issue currently is BURST price causing ROI to be longer than a year, so I can't price anything exactly right to work for everyone quite yet. But that is down the line we still plan to offer this as well. If we can make it feasible.

If we do offer any cloud setups, proof will be provided in forms of accounts you can watch mining on our pool, and pictures of the farm given to those who ask in PM. Could also arrange for video.

But this is still a ways off yet.

This sounds interesting. What are up to date results of the fund? Is there any table where we can see how did you do in the past?
5729  Economy / Exchanges / Re: 2015 Bitcoin Debit Card Reviews on: April 03, 2015, 07:21:19 PM
So what is the consensus, which of these cards charges lowest fees? Xapo or Bit X?
Also, I think OK pay also can provide a card and you can fund their wallet with BTC.
5730  Bitcoin / Bitcoin Discussion / Re: Investor from the Fiat-area is looking for bitcoin investment tips on: April 03, 2015, 06:30:13 PM
I would suggest to take a look BTC start-ups as your primary target. After all the technology behind BTC is extremely valuable. 100k s not enough to invest into cloud mining.

Also, there are a few interesting PoS coins I would recommend, I can even connect you directly with one or two of dev teams, free of charge, cause I am a nice guy.
5731  Economy / Service Discussion / Re: Bitcoin Investing on: April 03, 2015, 06:24:44 PM
When I try to sign in with your promo,  I get the following message:

Thanks! The last step is to send your investment to this address: 17zU6u9h4DpMKbpwJbrDczN2oibbaygP9G You will receive daily updates on your profit. To withdraw, reply to that email with your request.

I thought this was a promo and yet you ask for an investment?
5732  Economy / Service Discussion / Re: Bitcoin Investing on: April 03, 2015, 05:06:49 PM
Well, most of our clients have accounts that just contain their bonus for using our promo code, but we send daily profit reports customized to that user. Those will also state the current fund balance. Other information about our investments will be found on those reports as well. I won't say it isn't risk free, because all investments have some degree of risk. We don't pay our investors with money from other investors, we are not an HYIP. You can sign up with no deposit and try it out for yourself.

Thanks
Caleb



Hm...are people allowed to withdraw profits received from this promo campaign? You say, there are more details on daily reports, well, I ll test that and report back tomorrow.
5733  Bitcoin / Bitcoin Discussion / Re: is it illegal to trade bitcoin for frequent flyer miles on: April 03, 2015, 05:04:36 PM
Why would that be illegal? How is it different from trading BTC for anything else??
5734  Bitcoin / Bitcoin Discussion / Re: Do you have a feeling BTC has slowed down a bit? on: April 03, 2015, 05:03:47 PM
Well it all comes to the BTC adoption rate. I simply cannot belive that 6 years into the game the market still cannot consume these couple thousands BTC produced every day. I do not believe early adopters dump a lot so this slowing down caused by the price drop which s caused by supply being over demand must be the reason behind the lack of faster BTC development.

In 2013 there was a serious influx of money, especially from China and a lot of that money was withdrawn in 2014 when their government's stance changed. Bitcoin went back to the prices from before the 2013 pump, which is completely normal, and did not collapse.
You're also wrong about early adopters not dumping. I remember that about 2 weeks after Hal Finney died last year there were huge regular dumps and people suspected his family of cashing out. Those dumps made the price go down by $200 and reach the lowest point in 2014, so there was obviously at least one whale involved.

Well, only mindless people can dump that way. If they do want out, selling over longer period of time makes them earn much more. I doubt any early adopter s that dumb.
I understand that this constant price decrease might actually be due to higher retail adoption and selling BTC as soon as retailers get them. However, there has to be a bottom line, thing need to pick up soon.
5735  Bitcoin / Bitcoin Discussion / Re: Bitcoin is slowly warming g upto the Wall Street on: April 03, 2015, 04:37:08 PM
I believe that Wall Street acceptance s gonna determine the fate of Bitcoin. If it gets accepted and traded like oil or gold, it ll go up big time. On the other hand, if they label it as a tool of scammers, bye, bye BTC.
5736  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! on: April 03, 2015, 04:35:46 PM
Why do u guys even try to check his updates anymore? U just waste time and energy.
5737  Bitcoin / Mining speculation / Re: 10% BTC difficulty growth???? on: April 03, 2015, 01:23:44 PM
I guess I was right, we are going down a bit. Under 7%.

Under 5% now. Let us see if we can go even lower.

i doubt, the price is rising now, +6 dollars, i think another little pump is incoming, diff should rise too

Diff will definitely rise this time. About the price, I m not so sure, we ve seen it so many times. After a small pump, there s profit skimming.
Still, mining s a long run ROI, so no point making short term assumptions.
5738  Economy / Securities / Re: Anything sustainable worth of investing? on: April 03, 2015, 01:19:11 PM
can someone create a list of proven reputable investment products for bitcoins and or investment opportunities i.e like current ipos, can you buy shares with bitcoins of current trading companies and is there a marketplace for this and/or is there any reputable forex companies as well that offers bitcoin as a deposit method do your worst people

Its impossible to do that. Even the most legit companies could go bad. I tend to avoid anything with ROI under a year, 99% of those are scams.
5739  Economy / Service Discussion / Re: Bitcoin Investing on: April 03, 2015, 01:16:16 PM
Sure, we do a lot of things with the coins. It is a mix of investments...day trading, btcjam, etc. Not an HYIP. Actually, you don't need to invest to get started. With the promo code, you just need to make the account. Definitely not an HYIP

Thanks for the replies

Happy to take any more questions

Caleb

You would need to provide more detailed info about the way you plan to invest money of your clients. More importantly, additional transparency s needed. Cause who guarantees you clients you re not gonna run in two days.
5740  Economy / Service Discussion / Re: [BIT-X] Signature Campaign - Discussion on: April 03, 2015, 10:38:36 AM
How does that work? We change our avatar to something related to Bit X and add a link bellow?
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