Nowadays, profitability of any mining hardware is dependent on electricity (mainly) that you pay, so if you got a free electricity, then go ahead and try it, but honestly, as you already know, you can't expect anything (literally), you won't even mine enough to get a ROI on it (most likely outcome). In other words, It won't be worth it to invest in it or rather waste some money for it.
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IMO, sometimes medias do the most damage to BTCitcoin and it's image as a whole. As soon as a criminal uses it, they use the opportunity to make it a big news and as result damage it's reputation (that's why some think BTCitcoin is used for illegal activities only). On the other hand the differences of some of developers and miners could have a saying as well but it's just temporary setback and eventually there will be a flawless community behind it.
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My answer is, "nowhere". Ever since they blocked my account and lock all the funds I had in it, due to me relocating to a country that it's against their rules (the day I logged in from another country - Iran to be exact, the next day my account was useless already with all the funds inside it), I never looked back again. I went back in forth with them through email and they never refunded it to me even though I provided all the proofs that I literally am a dual citizen. Paypal used to be good when it came out back in the day, but I can't really see it in the future in most markets, but on the other hand BTCitcoin will surely be much more widely used.
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First of all, get rid of the ad that appears upon clicking on the website (very annoying), Then try to increase the reward percentage since technically users will claim only 100 each time due to a very minimal percentage for 500 Satoshi reward. Lastly, I got the following error while trying to claim a reward from one of your faucets: (I didn't bother to check the rest since their most likely just the same).
Access to f1.octopus.pp.ua was denied You don't have authorization to view this page. 403
So do a double check in case this error is in your end.
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From the sign of it, it will be an uptrend mainly due to the fact that base on an analysis since September of last year, every time, there was a stable phase in terms of value, there's was an uptrend effect after it (IIRC twice happened so far), Although the past effects doesn't ensure futures outcome, I still believe the uptrend plus were approaching the halving slowly, so that ads up as well.
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Nice and good faucet, got my claimed reward on my faucetbox account. It's doesn't have too much ads (another good thing). One thing I notice was, if you combine all the percentages for the rewards together, you get a total of 101% instead of 100%, so you might want to fix that.
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I believe what they do is a normal safety implementation by doing it since, sudden increase of volume than usual could actually be a reason to someone earning in a dishonest way and they do this to make sure it won't happen. I'm sure if you could prove than nothing on your side is against their rules, they would re-open your account. On a side note: Coinbase literally suspends account to a lot of reason and the reason for your account suspension could actually be something else. I tried to open an account in the past with them, but the minute after account creation, my account got suspended due to my location.
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In BTCitcoin market, those users that have been holding some amounts will get the biggest profit and those who would jump in could end up with losses (upcoming after everything starts to settle in right after the halving phase is done). Miners would be the happiest if this happen since they might actually continue to mine with their old mining rigs if it goes that high.
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Announcement: Wanted to give a heads up to everyone that, due to an emergency, I have to go out of town on Wednesday and I'll be back either late that day, or the next day. I'll be counting the posts a bit late, so when I'm back, I'll count every post up until 1PM of Wednesday. Sorry for the complication (in advance).Update:SFR, You are always dedicated to your work and very much conscious about your appointments. (I have seen this when you were managing fastdice with your sister engagement).
I do not have any problem even with Thursday payments. I hope all the participants here will understand your emergency situation and will co-operate.
Just this announcement is more than enough. Go and solve your emergency with peace of mind. Take care and good luck.
Thank you so much lixer, that means a lot to me. I never thought someone would remember that event and thanks for it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I really appreciate the kind words, thank you and likewise ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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This is truly, a good example of dishonest faucet owner, trying to cheat in order to get some clicks in the process, but good thing, no matter how much you get from those clicks, your account will be banned by adsense soon and you lose everything. It's because of dishonest people like you, that more faucet owners get collateral damage in the end, due to your actions as lately I've seen, some of legit faucet owners account have been suspended by adsense as well.
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It's not a real one (at least that's what I'm seeing so far). Tried to ask a question repeatedly and the answer just keeps shuffling every single time, so more of a gimmick into making people stay on their website a little longer (perhaps). On a side note: Some of the answers, aren't even answers to a yes or no questions.
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It's seems very interesting even though they require users to have their own brave wallet in order to receive anything and also to identify ourselves with an email and number (which is fine I suppose as long as they don't send spam emails). The only thing I didn't like was, their percentage of choice for users as 15% only is given to us (if I understood it correctly).
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I doubt there will be any relevant scientific prediction on the web that would have an actual effect and could be considered as basis. One thing for sure, we'll be at a higher value than we are now but that's mainly a basis from the halving effect. There will be a lot of other factors that would have an direct and indirect effect towards the end of 2016 and surely no one knows it.
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It's all about profits. I for instance live in a country with high inflation rate (recently it's decreasing and moving towards deflation), and banks give loans at 30-40% interest (it's crazy), and when you lend them your money, they give you only 20-25% money as interest (long term). Unfortunately many people support this and until this stops, the trend will continue to further take people money in a way that it's somehow unfair.
On a side note: I see some saying Islamic banks don't charge interest, and that's a big lie. I live in a Islamic country and all banks here, charge huge interest.
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Thank you Lutpin for this weeks management and once again, thanks in advance to the one (mostly DogecoinMachine) that will process payments ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1. What are some effective ways to provide liquidity initially? - Advertisements is everything when you need some activity on a new exchange. It would be best that in beta stage, you give some vouchers for some reputable users of the community to test the exchange and give honest feedback regarding it, in which could be important for the opening activity on your exchange. Depending on your funds, you could acquire an slot here in the forum in ad (usually it goes from 3 to 4BTC per slot) or run a signature or avatar campaigns, other type of campaigns works as well (twitter,facebook) in order to drive liquidity to your upcoming exchange. Also having well trusted people from your country on your team could help bring trust as well.
2. Are there any resources or links to obtain information about initial setting of an exchange? - I have no clue in regards to this.
3. Any tips you've learned from setting up an exchange? - I've worked with two exchanges in past and one is still surviving although the trade volume is not that much and the other failed due to ignoring every single small detail. Since you've said it will be a local one, I would first advise to make an exchange that doesn't allow other country IP's aside from yours, then go ahead a get license from any bank from your country (that would be your official partner directly /indirectly). Then acquire large amounts of anything you would like to exchange in the first place. Lastly security is everything so make sure, you spend as much as needed when it comes to security.
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From what I see, many up until now, don't know yet how to calculate transaction fee's and as result always tend to blame the way network reacts to each transaction. Just because a transaction is consist of 0.0001 BTC as a fee, doesn't mean that, it's enough for it to be confirmed in the next block. I'll try to explain the process of transaction size estimation: For reference, let's take your transaction into example: https://blockchain.info/tx-index/5bc33bf29987c995cb9c11f052c5b2792b5890e414806fc27df7a7fe93101c45There is 6 inputs and 2 outputs (most transactions automatically give you 2 outputs if your sending to one person) Number of inputs should be multiplied by 148 (the number changes sometimes) + the number of outputs multiplied by 34 +10 or -10 (mostly it's +10) 6 x 148 (888) + 2 x 34 (68) +10 or -10 888 + 68 +10 = 966 bytes (close estimation as in your transaction was 964) On a side note: For fast confirmation a 60 Satoshi is recommended per byte Best possible way to know the inputs is to know and calculate the transactions on your account and see how many inputs will be needed from the remaining unspent one's in order to calculate the inputs prior to sending (not sure if there's a wallet that does this automatically but I'm saying this base on my experience of using blockchain.info only) There's another thing that would help in most cases and that is the feature in blockchain.info (not sure if it exist on others too) that You would choose the fee from normal to generous and automatically each transaction will have a fee of 0.001 as base fee. The fee for your transaction should have been 0.0005784 to be as high priority transaction that would get confirm within the next block.
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Can I join this avatar campaign?
Were full at the moment as stated on the title of the thread and 2nd post of this thread and lastly in spreadsheet as well, sorry. Last week was my first time that I didn't able to reached the threshold due to Lenten Season activities last week. Apology for it. Im back on track now. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's fine, welcome back, I noticed it too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I think is due to their server malfunction since all of their other franchise websites (different local versions of their website that all have different content as well) are down as well. First time seeing this happening to them. An upgrade on their server end is the likely cost.
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