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6401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: October 10, 2014, 02:09:09 PM
How much was the presale value?

1 BTC = 2,000 Ether

what's the price atm?

There's no price atm. The initial sale is over and no one can sell you any Ether as it hasn't launched yet
6402  Economy / Economics / Re: Ideas to raise the value of BTC or LTC on: October 10, 2014, 01:55:13 PM
Hello Reader,

Will TV commercials, billboard advertising and sponsoring events or racecars raise the value of BTC or LTC?

If you have an another Idea please reply. I am thinking of realising one or more ideas.

To get the price to rise we need a demand.

Let's focus on a long-term, sustainable demand rather than speculative, get-rich-quick one.
You can create a demand by showing people the benefits of using BTC/LTC, but I'm not talking about the "ideological" aspects (decentralised, transparent, trust less etc), these may not be very appealing to the 'average Joe' who is probably happy with using fiat.

Some of the things that can attract new people, from top of my head (I'm sure there's more), are:

- Savings. If enough merchants offer discount when paying BTC, people will soon learn that they could save money simply by using bitcoin. All they need to do is buy bitcoins->pay with them->buy them back straight away. Rinse and repeat.

- Gambling. Every bitcoiner knows about 1% provably fair dice games, there are no such games for fiat afaik. I'm sure plenty of gamblers worldwide would happily switch from the fiat roulette, with house edge of 2.7% (French) and 5.26% (American). Not to mention all the off-putting KYC/AML regulations.

- Earning extra income in BTC. There's plenty of talented, tech-savvy people in 3rd world countries, or countries where (for whatever reasons) you cannot send fiat money to. Bitcoin enables such people to provide various services via internet (coding, web/graphic designing etc).


I'd love to see bitcoin TV/billboard ads, but those will be good for building brand(?) awareness, don't think they will have a noticeable, immediate effect on the price.

Instead of promoting the mere name of 'Bitcoin' and its logo, much more effective imho would be popularising and showing examples of its practical use.
6403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: October 10, 2014, 12:44:27 PM
why vitalik has not logged on for more than a month? and the website is not showing anything new ..

Coding?


Buying the fake passports to run away to his private island with all the money of people (17 millons).

They could just take the money if they wanted to, in full compliance with the law. No need for fake passports.


I was told that the Ethereum team doesn't want to do anything with bitcointalk.com... so, don't expect any answers from them on this forum...

Who told you that? If that's true, I'd expect them to lock this thread, or at least put some information in the first post.
6404  Local / Polski / Re: Dziwne naliczanie prowizji na cex.io on: October 08, 2014, 10:35:00 PM
Może ktoś poleca inna tego typu stronkę (sprawdzoną) czy na innych kopalniach w chmurze będzie podobnie?

Ogolne opinie sa takie ze cloud mining sie raczej nie oplaca, albo inaczej - bardzo ciezko wyjsc na plus.

Gdybym mial sie w to bawic to zaczalbym chyba od gaw miners: www.gawminers.com
Wydaje mi sie ze maja najlepsza oferte, 10 GH/s $8.95. Wyglada o wiele bardziej skomplikowanie niz cex.io ale na pewno bardziej sie oplaca.

6405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: October 08, 2014, 09:52:40 PM
How can i check my password for my coins Huh

I don't think you can. Did you memorise it or write it down as they asked you to? It was clearly stated on their website.
6406  Local / Polski / Re: Dziwne naliczanie prowizji na cex.io on: October 08, 2014, 08:56:18 PM
jak dla mnie to jest trochę chore, kupując u nich Gh 101% zysku z wykopanych BTC idzie dla nich jaki jest sens się w to bawić ... chyba jedynie mając własny sprzęt ewentualnie bawiąc się w kupno i sprzedaż Gh chodź i tutaj ciężko jest coś zarobić bo 0.2% podatku tez jest odczuwalne zwłaszcza ze płacisz go dwukrotnie przy zakupie i sprzedaży.

Edit: gdyby te opłaty były naliczane co 24h lub co tydzień to może by się jeszcze człowiek połapał a tak to naprawie nie wiadomo czy leci przycinka o te pare bo pare satoshi ale w przeliczeniu na ilość udziałowców to trochę im tam się uzbiera

Racja. Choc z drugiej strony ciezko ich winic za niska cene bitcoina, jezeli rzeczywiscie tyle ich kosztuje utrzymanie sprzetu to musza to pobierac (inaczej musieliby dokladac z wlasnej kieszeni).

Ale to pokazuje ze ten model biznesu jest wadliwy. Jezeli koszty utrzymania zaczynaja przewyzszac zysk z kopania, to powinni dac opcje tymczasowego "wylaczenia" (albo nawet wstrzymac kopanie automatycznie).

Ale nie zdziwilbym sie gdyby sie okazalo ze sporo przycinaja, nie maja najlepszej reputacji.
6407  Local / Polski / Re: Dziwne naliczanie prowizji na cex.io on: October 07, 2014, 10:12:08 PM
tylko właśnie tutaj jest problem bo niby mam te 4.2Gh ale tak naprawdę tyle nie mam,bo mam 1.77Gh masz niżej wykres mojej prędkości kopania, te 4.2Gh to przycinka bo płace za share więcej a wydobywanie mam na poziomie 1.77Gh, i jak mi omija jakąś rundę to nie dostaje wynagrodzenia za pominiętą https://i.imgur.com/MR2rN4U.png

opłata też nie jest stała tylko zależna własnie od tej "wyimaginowanej" prędkości czyli im więcej mam share w danej rundzie tym więcej płace te 4.2Gh to 512 share opłata 28 satoshi, nie raz mam opłatę na poziomie 200 satoshi i wtedy jestem na - w balansie BTC


Masz 1.77ghs, to ze pokazuje ci 4.2ghs nie ma znaczenia, liczy sie srednia. To samo z oplata, nie wazne ile ci zabiora jednorazowo (nie mam pojecia jak oni to naliczaja), wazne zeby suma oplat za caly miesiac odpowiadala predkosci jaka posiadasz (czyli 1.77ghs).

Oplata jest stala (o ile CEX.io mowi prawde):
 w tym samym linku od Kotwicy:

Quote
Due to new terms with electricity contractors and hardware producers, we announce a new maintenance cost figure, which is $0.105 per month!

Nie wazne czy wykopiesz 10 bitcoinow czy zero, i tak zaplacisz $0.105 za kazdy 1Gh (miesiecznie). Zauwaz ze oplata jest w dolarach, gdy cena bitcoina spada, to oplata (w BTC) bedzie wieksza.

Tyle w teorii, a czy pobieraja oplaty uczciwie, czy przycinaja - tego nie wiem, nie korzystam z cex.io od dawna.
6408  Economy / Services / Re: FortuneJack.com Signature Campaign – Earn 0.08 BTC!!! on: October 07, 2014, 08:16:18 PM
Payment have been made to the first group. please confirm

Received. Thanks
6409  Other / Politics & Society / Re: Are you dumb enough to be a cop? on: October 07, 2014, 04:03:35 PM
"The 2nd U.S. Circuit Court of Appeals in New York upheld a lower court’s decision that the city did not discriminate against Robert Jordan because the same standards were applied to everyone who took the test. "


That's just hilarious (or scary). If they had "we're not hiring black people" policy, it would also apply to everyone, in exact same way as IQ policy.
6410  Local / Polski / Re: Dziwne naliczanie prowizji na cex.io on: October 07, 2014, 03:09:16 PM
Witam

Mam dziwny problem związany z kopaniem na cex.io

1. Nie dochodzi mi do każdej rundy w kopalni a jak już dojdzie to łapie mi "transfer" 4,2Gh (raz po raz nawet 10Gh+) a na stan dzisiejszy posiadam jedynie 1.77Gh (dopiero się zaczynam bawić) jak przychodzi wypłata to za te 1.77Gh a opłata za utrzymanie jest wiele większa z czego profit z kopania wychodzi prawie na 0.

2.Jaki jest koszta prowizji kopalni ? 25%?

żeby rozjaśnić zaistniałą sytuacje dodaje 2 screeny

transfer w kopalni: https://i.imgur.com/xVTZQwa.png
koszty utrzymania: https://i.imgur.com/kfkVr58.png



1- To normalne, omija ci jedna runde, ale w kolejnej masz 4.2 gh, prawdopodobnie od czasu do czasu ominie ci dwie rundy. Jesli podliczysz wieksza ilosc rund I wyliczysz srednia to powinno ci dac okolo 1.77 gh.

2- nie wiem jak oni to licza. Na stronie maja info:

Quote
For sole purposes of covering electricity and upkeep, we charge a small commission for cloud-based GHS.
1 GHS maintenance = $0.105 per month

Wyglada na stala oplate a nie procentowa...
6411  Economy / Gambling / Re: FortuneJack.com | Live Roulette | Live Sic Bo | Binary Trader | Keno | FAUCET on: October 07, 2014, 10:48:03 AM
FortuneJack featured on bitcoincasino.info. check it out.



Nice.

Also dicebitco.in is officially dead (finally). One competitor less...

Re-design is coming up in 1 week. Most importantly our team started to work on Blackjack. Poker with tournaments is next in line.

What products would you like the most?


ps. big things are going to happen at FortuneJack Smiley

Poker sounds great. But it would take some serious marketing to get it going (PRC struggled with that and disabled it for now and they have more traffic than FJ). It gets even more complicated when you accept multiple currencies. Lets say you have 4 people willing to play, but each of them want to use different currency - it just wont happen.

What would be very useful is currency converter, so anyone can convert to whatever they need at the moment. I'm not talking about peer to peer exchange on your site, more about giving the players option to buy directly from FJ, at the current rate + extra % fee. I know such thing would be hard to implement (if not impossible), but it would solve many issues and give you the best from accepting the multiple currency + extra revenue from conversion fees.

I'd also consider removing (or reducing) the minimum bets in casino. Let people play with very small amounts just to check how everything works.

You got quite good referral program, but don't know why the dice is excluded. If my referrals only play dice, why not sharing some % of profit you make on them? The reward % could be lower than for the casino games, but you should be paying something.

Just my suggestions.
6412  Economy / Gambling / Re: FortuneJack.com | Live Roulette | Live Sic Bo | Binary Trader | Keno | FAUCET on: October 06, 2014, 09:44:51 PM
FortuneJack featured on bitcoincasino.info. check it out.



Nice.

Also dicebitco.in is officially dead (finally). One competitor less...
6413  Economy / Services / Re: FortuneJack.com Signature Campaign – Earn 0.08 BTC!!! on: October 06, 2014, 08:00:42 PM
Think everyone confirmed.

When is the 4th week starting? Is it tomorrow, 7th?
6414  Bitcoin / Press / [2014-10-06] BBC - Bitcoin price falls to 11-month low on: October 06, 2014, 07:21:35 PM
Scary title. Quite neutral article (with happy ending)

http://www.bbc.co.uk/news/technology-29507443

Quote
The value of one bitcoin has fallen to its lowest level for almost a year.

On Sunday afternoon Bitcoin hit a low of $290 ($181), and the virtual currency lost about 18% of its value across the whole weekend.

The crypto-currency has seen its value steadily fall since December 2013, when each bitcoin was briefly worth more than $1,100.

Economic experts put the steady fall in value down to the internal mechanics of the system used to generate bitcoins.
Money makers

Since the fall at the weekend, values have recovered. Now, according to Coindesk, individual bitcoins are worth about $330 (Ł263) each.

An increasing number of shops and payment-processing firms have signed up to let people use the virtual currency to pay for goods and services.

Paypal's announcement in late September that it was putting in place systems to let its merchants accept bitcoins caused a brief bump in the value of the crypto-cash, but this has now been eroded.

Some speculated that the fall was due in part to the greater number of businesses accepting bitcoins, which had led to more of the coins being in circulation, depressing prices.

However, said economic historian Garrick Hileman from the London School of Economics, the numbers of bitcoins being put back into circulation via this route was not significant enough to effect prices so markedly and for so long.

The most recent swings in value were down to speculative trading, he said, but this did not explain the long term decline.

One significant factor, he said, was the steady supply of new bitcoins introduced in to the market every day by miners. These are people who use powerful computers to carry out the complicated mathematics involved in validating transactions made in bitcoins. In return for carrying out this work, miners are regularly rewarded with newly minted bitcoins.

"Approximately every 10 minutes 25 new bitcoins are mined into existence, which works out to approximately 3,600 new bitcoins created every day," he said. "At current prices that's $1.2m in new supply coming into existence every day."

Miners converted some of their coins to pay for the power needed to keep machines running and to ensure they used the fastest computers available, he said.

"How much of this $1.2m miners have to sell to pay for these things is a closely guarded trade secret, but unless the market can absorb the new bitcoins which miners sell, the price will fall," he said.

In addition, said Dr Hileman, a whole host of other factors including regulatory concerns, competition from alternative payment systems and the strength of the dollar were all impinging on the Bitcoin world.

Not all Bitcoin enthusiasts were worried by the ongoing slide. Roger Ver, who has invested in several Bitcoin start-ups, pointed out in a tweet that those holding bitcoins had enjoyed a good year.

"For anyone complaining about the current price of Bitcoin, remember it has more than doubled over the last 12 months." he wrote. His message was accompanied by a graph of values from exchange Bitstamp, which showed this time last year the Bitcoin was worth about $120.
6415  Bitcoin / Bitcoin Discussion / Re: Did you notice the silence about this bitcoin crash in Mainstream media! on: October 06, 2014, 06:47:48 PM
And there it is. Today's BBC article. Off-putting title, but quite objective overall:

"Bitcoin price falls to 11-month low"

http://www.bbc.co.uk/news/technology-29507443
6416  Bitcoin / Bitcoin Discussion / Re: Did you notice the silence about this bitcoin crash in Mainstream media! on: October 06, 2014, 04:05:08 PM
There was some attention when BTC fell to around $400. I wouldn't expect them to report every BTC movement.

Hopefully, if BTC bounces back, they'll pick it up.
6417  Economy / Services / Re: FortuneJack.com Signature Campaign – Earn 0.08 BTC!!! on: October 06, 2014, 08:40:38 AM
Today is the end of the 3rd week for the first group of participants.

I kindly ask following users to confirm their participation for the fourth week:

1) pawel7777
2)   owvpn
3)   statdude
4)   unamis76
5)   hopenotlate
6)   Timetwister
7)   adaseb
8 )   krishatnet
9)   Sindelar1938
10)   ticoti
11)   Bonam
12)   mkrbtc
13)   sgk
14) kashish948

new participants:

15) STT
16) fox19891989



once everyone confirms upfront payment for the 4th week will be made to these 16 users.


Confirm
6418  Economy / Economics / Re: Scientific articles on bitcoin on: October 05, 2014, 07:34:52 PM
Here are couple:

An Analysis of Anonymity in the Bitcoin System:

http://arxiv.org/abs/1107.4524

Grinberg, Reuben, Bitcoin: An Innovative Alternative Digital Currency (April 21, 2011). Available at SSRN: http://ssrn.com/abstract=1817857


Off-line Karma: A Decentralized Currency for Static
Peer-to-peer and Grid Networks

http://cs.ru.nl/~jhh/publications/karma-static.pdf


+ nice collection of research papers on bitcoin wiki:

https://en.bitcoin.it/wiki/Research
6419  Bitcoin / Bitcoin Technical Support / Re: Problem: transactions would not confirmed for days! on: October 04, 2014, 09:20:18 AM
You should specify what wallet did you use. Did you set the fee manually, or was it automatically deducted?

I use multibit, and sometimes they add more than usual 0.0001. On one occasion I paid 0.0005, since the amount consisted of fresh coins and many dust transactions.

So it may be the case of the insufficient fees, if so, it will take much longer to process.

Just my thought, I'm not an expert.

 
6420  Bitcoin / Bitcoin Discussion / Re: Russia to Issue Ban and fines for Cryptocurrency Use on: October 04, 2014, 09:12:32 AM
This article is old and misleading.

There has been a ban on using any currency other than rubles to transact in Russia for quite some time. It is not legal to use USD or EUR in Russia.

Bitcoin was always subject to this but it wasn't actively enforced. This "ban" isn't on Bitcoin, it is on all currencies other than Russian rubles.

Source(s):
http://www.waytorussia.net/Practicalities/Money.html
http://rt.com/business/russian-lawmaker-dollar-ban-663/
http://www.munknee.com/this-proposed-law-would-ban-use-or-possession-of-u-s-dollar-in-russia/

This article is from yesterday and it's based on Lenta.ru article, also from yesterday.
The Russian ban on bitcoin (and other currencies) is nothing new. But the point of the article is that they will be starting to actively enforcing it + introduce the penalties.

Quote
Local media outlet Lenta.ru reports that the regulator, which has been debating the issue of a Russian ban for some time, will officially issue legislation to be made public in due course.

It is expected to include penalties for the use and creation of methods of generating cryptocurrencies, specifically 50,000 rubles (US$1,260) for individuals, 100,000 rubles (US$2,507) for officials and up to one million rubles (US$25,200) for businesses.

Now, how reliable is Lenta.ru, and is tis info correct - I don't know.
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