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7281  Other / Off-topic / Re: BUYING GAMING LAPTOP need advice on: June 15, 2015, 04:27:54 AM
i have been reading all your comments and suggestion. . one of member here posted some specs here can you tell me if this good or not. ?,

CPU: Intel Core i3-4170 3.4GHz LGA1150 -
CPU Cooler: Cooler Master Hyper TX3 92mm -
Motherboard: Gigabyte GA-H97M-Gaming 3 Red -
Monitor: BenQ 19" Wide LED Monitor G910WAL -
Memory: G.SKILL Ripjaws X 8GB 4Gbx2 DDR3 1600 CL9 (F3-12800CL9D-8GBXL) Red -
HDD: Seagate 1TB (ST1000DM003) 64Mb Cache -
ODD: Asus OEM DRW-24B1ST -  >> you can remove this if you want
Video Card: MSI R9 270 Twin Frozr Gaming 2GD5 256bit Red -
Chassis: BitFenix Comrade White -
Power Supply: Cooler Master GX2 550watts 80+ Bronze -
Keyboard: Logitech K100 Keyboard -
Mouse: Logitech B100 -


What do you think guys, what are the disadvantage if i build this. Do you think it will run games like GTA 5 with high resolution.
1) CPU: i5 4690 should be more or less enough
2) CPU Cooler: Stock intel cooler will do the job just fine
3) Motherboard: Motherboard choice is easy. It isn't necessary to choose a gaming one even if it offers more features. A normal mid end one like MSI Z87 PC mate would be more than enough
4) Try WD Blue 1TB. They are great
5) ODD I can't comment much
6) For video card, you might want to go for GTX 970. Even with the 3.5GB ram issue, it won't affect much unless you play at super high quality
7) Chassis. Choose which ever you one
Cool I would recommend Seasonic. They are pretty nice for the price. Go for 620watts.
7282  Other / Beginners & Help / Re: Wallets with providers on: June 15, 2015, 02:34:24 AM
No mention of Blockchain.info?

They are one of the few online wallet providers that give users access to their own private keys. This means that even if they were to shut down, you would still be able to recover your bitcoins.

Someone posted another thread a few weeks ago asking if there were any other online wallet providers which offered a similar type of service and so far, Blockchain.info seems to be unique in this regard. It also explains why they are so popular:

http://bitcointalk.org/index.php?topic=1076837

 -snip-

Then you have Blockchain.info and multi-sig online wallets where you actually have some actual control over your coins on a technical level since you own the private key to your addresses. This is safer than the above and are probably suitable for storing medium amounts of BTC.

 -snip-

Blockchain.info is not at all a secure wallet. Stop recommending it to users. https://bitcointalk.org/index.php?topic=1085983.0

Ouch, didn't realize that. Fortunately, it seems that only a minority of those using their mobile app were affected and those who lost funds were compensated for their losses. Still, it's a pretty stupid programming mistake to make and it definitely doesn't give me a lot of confidence about their other services.

That being said, I still stand by my opinion that they're better compared to other online wallets where you don't have any degree of control over your funds. Historically, many more online wallet services have failed due to the operator running off with their customers' funds versus incidents where programming bugs were to blame. Online wallets as a whole are never meant to be secure anyway.
In the first incident, they updated the code and it turned out to be flawed. The least they could have done is to test it but they didn't. For the second incident, they could have regularly audit the code. No excuses since it occurred more than a month ago and people has beeen talking about it for sometime already. If you are going to choose a wallet, choose greenaddress.it. They are opensourced and have much more features with low risk of the loss of your Bitcoin. More importantly, it doesn't have a bad track record.
7283  Other / Beginners & Help / Re: How to earn Some BTC ,, im 1 - 2 month active in this forum on: June 14, 2015, 04:24:11 PM
Gambling is very risky thing but with adequate research and strict money management, you can get consistent profit. I don't really advice gambling to be taken as a way to earn bitcoin
Your profit will never be consistent. In fact, after a long time(or short), you will lose all your money. Ever heard of house edge and variance? They are the reason gambling sites exist. What research can you do. Every strategy will work till it doesn't and you will lose all your Bitcoin. The main problem with gambler is that once they get lucky, they don't stop and will bust. If you gamble even abit, you can feel this way too.
7284  Bitcoin / Bitcoin Discussion / Re: Is bitcoin vulnerable? on: June 14, 2015, 04:18:26 PM
Maybe if bitcoin becomes very popular perhaps the elites in power now will stage some type of blackout and send themselves 50% of bitcoin?
You're obviously mistaken about what a 50% attack can do.
Sending 50% of bitcoin to themselves is not what the evildoers could achieve by staging a global blackout.
Double-spending attacks, well, possible, but there would be no targets to launch them at. There'd simply be no one to accept those double-spends.
Receiving 100% of the block rewards for the time of the blackout? Absolutely.
That's somewhat less than 4000 BTC per day of the global blackout.

4000 BTC/day in comparison to the huge negative impact on economy during the global blackout?
Well, no one said powerful elites were smart. But stupid like that? Roll Eyes

edit: typos
Can't the government just spend a bunch of money and overtake the Bitcoin mining world with a 51% attack?

it was already said numerous times, the cost of doing this far exceed the cost of doing the exact same thing, but helping the network instead, thus retrieving profit with the usual mining reward system...
If government want to take over bitcoin; or seriously regulate it, then the best and simplest course of action is to regulate bitcoin mining. The most crucial way is for governments to regulate ASIC manufacturing, for example by forcing manufacturers to add kill switches to the hardware or require end users to have licenses. It would be pretty easy operation, and it can be done without high cost.
I fail to see how regulation of ASICs can be done effectively and affect Bitcoin. It isn't easy at all. Reducing the hashrate doesn't affect much. There are still many other companies all around the world. It will never be possible for every miner to own a license. The fact that you can mine while connected to tor makes it even harder. A simple firmware mod can easily bypass the "kill switch" you said. Furthermore, to regulate mining, you are going to have to regulate the computer industry as a whole too. Don't forget CPU and GPU can also mine.
7285  Other / Beginners & Help / Re: paying no transaction fee on: June 14, 2015, 09:23:47 AM
It's always a good thing to add a transaction fee, no matter how small is it, as to encourage the miners to include your transaction in the next block. I use around 3-4cent tx fees and it always gets confirmed on time. You could probably give 1 cent as a fee and the miners might still pick it up. So if you want your transaction to be confirmed quickly you should consider including a fee of at least 0.0001 BTC

1.But when sending larger transaction, like one whole coin, tx fee not really need as those automatically gets higher priority on the network.

2.No tx fee = slow confirmation. With tx fee = faster confirmation.
1. It depends on transaction size. Larger transaction would require much more transaction fees. The priority is affected by input value, age and transaction size. Hence, if the transaction is new, size is big, the transaction fees would be required.
2. Again, it depends on priority. If it has high priority, 0.00001BTC is all that is required for nodes to relay your transaction since default bitcoin core needs 0.00001BTC fees to relay.
7286  Other / Beginners & Help / Re: Wallets with providers on: June 14, 2015, 07:58:28 AM
I think the best way will be to store your coins offline. Only get them out when needed, otherwise keep it safe in a cold-storage. Why to risk your coins by keeping all of them at one online platform.
It is a huge hassle to spend any of the coins if you are looking to store everything offline. If you want, you can store a majority of them offline. You can still store them on your mobile phone or desktop computer. Sure they may not be as safe as cold storage but if you do take security precautions, you can easily make it as secure as any offline cold storage.
7287  Bitcoin / Bitcoin Discussion / Re: The lowered transaction fees in Bitcoin core 0.10.2 are excellent on: June 14, 2015, 07:45:40 AM
Bitcoin transaction fee is related to the data traffic, not the amount of coins transacted, so it is more favorable for large transactions than small transactions


thats make sense for me, now i understand why when i used faucets ( lot of small incoming transactions to one address ) i need to pay more fees.
I don't think thats correct. If you send the transaction, you will see lots of inputs to that transaction. The number of input and output corresponds to the size. When using faucets, faucets will send lots of small payments over a period of time to your address. If you want to spend the entire balance, you have to spend all the UXTO which is quite alot. If the size is bigger, you have to use more fees but the fees per kb should be reasonable.
7288  Bitcoin / Bitcoin Discussion / Re: Would You Ever Take Out a Loan in Bitcoin? on: June 14, 2015, 07:42:47 AM
Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks  Smiley


taken out tons of loans, funded lots of loans. If you're gonna do it , do it through btc-jam or such a service as that with verification. Too many scammers around these days, always need some sort of escrow.
BTCJam aren't securing your loans by a bit. Many members on the site has been creating account using fake ID and their support is non existent. If you are looking for one, look for one that is trusted and can allow the borrower to put something in escrow. ID verifications isn't worth anything.
7289  Economy / Service Discussion / Re: Recent breach at Blockchain.info -- Android App did a stupid. on: June 14, 2015, 07:33:40 AM
I just know about this story, luckily i only use their android app to check my balance
I think i should remove this stupid application from my phone

Blockchain.info should remove / update their app very soon

Has it not been updated since this has been reported (basically everwhere!)?  That's almost more shocking than the original fuckup itself!
The app is updated. https://play.google.com/store/apps/details?id=piuk.blockchain.android&hl=en.
Quote
Updated
May 28, 2015
I tried it out myself too. It now generates a different address everytime if you are using the latest version.
7290  Other / Beginners & Help / Re: Increased Block Size - how will it affect me? on: June 14, 2015, 07:30:49 AM
for us users it's only a benefit. you just have to update your wallet and that's it. same as pools and nodes. there is nothing you have to worry about.
Users can experience a inflation of block size increment if they use full clients. Eg. Bitcoin Core. It may be a problem for people will lower bandwidth allowance or disk space.
So I am a Bitcoin user, I don't mine, I don't have a node, I do keep the blockchain upto date on my PC and leave it open so people can upload it.
I am basically a simple Bitcoin user.  If and when a hardfork is done so that more transactions can be done per block (say 1mb now to 20mb after the hard fork), how will that affect me?

If I only use Blockchain or another online wallet, will I have to do anything, or will it pass me by completely?

Do I just have to get a new Bitcoin QT after the fork? Will my current version stop working?  Will I have to redownload the blockchain (I bloody hope not!).  I have posted this in Beginners as it is a basic question that interests me as a basic bitcoin user and will probably interest true beginners too.

It shouldn't be a concern for a user per se. If you're using online wallet services like blockchain.info or coinbase, it something you have to do nothing about. So, you need not worry about it Smiley
Coinbase can choose to not switch to the new fork and you may lose your Bitcoins since they don't provide you with private key. [Same with other online wallets which doesn't allow you to fully control your private key).
7291  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 14, 2015, 07:27:31 AM
Right now, i only get bitcoin from faucet rotator and cloudmining. But i'm aware of cloudmining so i didn't invest all of my BTC to cloudmining because i'm afraid it become scam and ponzi. So 80% of my BTC are from faucet rotator. Wink It's easy and i'm not afraid of scam or ponzi.
What faucet rotator. Faucet usually pays very low. Unless you sit on the computer 24 hours a day and continuously claim the Bitcoins, you may just have 0.001BTC per day.
Right now, i only get bitcoin from faucet rotator and cloudmining. But i'm aware of cloudmining so i didn't invest all of my BTC to cloudmining because i'm afraid it become scam and ponzi. So 80% of my BTC are from faucet rotator. Wink It's easy and i'm not afraid of scam or ponzi.
From my know about cloudmining they just mine to a particular company, so you mean that you mined for a company? so how its rate for they miners?


Cloud Mining like cex.io does have company. but mining is currently taking-many ponzi system and they do not have the mining company. I know now like it CMIIW
IIRC, cex.io has already stopped mining due to the maintenance fees. This should be a good sign that those people telling you that a specific company is profitable is most likely going to run away after sometime due to the unrealistic long term profitability.

very regrettable cex.io defunct, but they are best in the cloud mining, in my opinion.
and to date I have not thought of will play a cloud mining, because for the moment they are using a ponzi system, which sooner or later they'll be scam
Cex.io had high maintenance fees and had a few glitches for their UI in the past but were fixed. Ever since a few months after the introduction, the profitability has been sliding down mostly due to the inflated GH price. However, it is worth noting that there are several company that offers actual mining with datacenter proofs. If you want, you can take the risk. There were quite some speculations that cex.io could turn out scam when it was offering the contract too. It is all about taking a risk, the lower the better but you may have less profit.
7292  Bitcoin / Bitcoin Discussion / Re: Use cases. What do you actually use Bitcoin for? on: June 14, 2015, 07:26:03 AM
I'm using Bitcoin for Online Shopping, I never do an online shopping before I knew Bitcoin. Bitcoin is really helpful for me Grin

yes it is helpful and it is safe. I generally use bitcoin for online shopping and also for the money transfer as it take only minutes to transfer funds from one place to another while banking or currency exchanges takes 24 to 48 hours which will not help you in the case of emergency.
The downside of Bitcoin is that it is non reversible. It isn't as safe as you think. There's no way to file a dispute if the site decides to turn into a scam. Even though it is fast and has low fees, you can't be protected from scams. It would be a different case if the company is registered and is widely known.
7293  Other / Off-topic / Re: How to make Windows 8.1 Pro make use of all 6 cores of my CPU ? on: June 13, 2015, 03:15:53 PM
Some bios have an option to allow you to use all cores. The efficiency of haswell should be good enough such that you don't have to use lots of resources to do most everyday stuff.
1. Do ctrl alt del
2.Go to performance tab
3. Go to resource manager
4. Go to cpu tab and check for parked cores
You should be able to decrease parked cores by changing your power plan.
7294  Other / Beginners & Help / Re: questions about mining software on: June 13, 2015, 03:06:59 PM
hi
i want Entry in the world of mining but i still a new and i havn't any experience i have many question in my head
what's mean mining software if i do the mining with my pc with this software there is arisk for my pc
and how much i will Win daily
iam sorry for newbie question but i need for your help


I think you should better look into cloud-mining, rather than doing mining by yourself. Cloud-mining is easy and profitable at this moment. Just find a cloud-mining company, get a contract and start mining bitcoins without installing any machines by yourself.  Grin
And get scammed. Seriously, there's many cloudmining that guarantees profit but I assure you majority of them are scams. If you are going to invest in a legit one, you would either have to wait a long time to get the profits or have to profits.
7295  Other / Beginners & Help / Re: Bitcoin price stability !! on: June 13, 2015, 02:46:36 PM
Can someone actually predict the bitcoin prices? Is there anyway to do that? Please let me know. At least there should be a system to know what are the factors that causes the bitcoin prices go up and down.
You can roughly predict the prices to a certain accuracy, around 10-40% accurate. Honestly, a lot of factors can affect it. Huge security issues, shut down or hacking of large exchange or just a huge whale pulling the price down. No one can ever predict the price accurately, it is relatively volatile.
7296  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 13, 2015, 02:40:01 PM
Right now, i only get bitcoin from faucet rotator and cloudmining. But i'm aware of cloudmining so i didn't invest all of my BTC to cloudmining because i'm afraid it become scam and ponzi. So 80% of my BTC are from faucet rotator. Wink It's easy and i'm not afraid of scam or ponzi.
What faucet rotator. Faucet usually pays very low. Unless you sit on the computer 24 hours a day and continuously claim the Bitcoins, you may just have 0.001BTC per day.
Right now, i only get bitcoin from faucet rotator and cloudmining. But i'm aware of cloudmining so i didn't invest all of my BTC to cloudmining because i'm afraid it become scam and ponzi. So 80% of my BTC are from faucet rotator. Wink It's easy and i'm not afraid of scam or ponzi.
From my know about cloudmining they just mine to a particular company, so you mean that you mined for a company? so how its rate for they miners?


Cloud Mining like cex.io does have company. but mining is currently taking-many ponzi system and they do not have the mining company. I know now like it CMIIW
IIRC, cex.io has already stopped mining due to the maintenance fees. This should be a good sign that those people telling you that a specific company is profitable is most likely going to run away after sometime due to the unrealistic long term profitability.
7297  Bitcoin / Bitcoin Discussion / Re: mastercard attacking Bitcoin on: June 13, 2015, 02:36:42 PM
reading the other users comments, i realized that many bitcoin users believe that this was a good news and showed that they are scared of bitcoin and think it can replace them.

but my question is, how would other people who do not use bitcion or know about bitcoin will think when hearing this news? it is not going to be a positive thought as we have.
If they aren't clever enough to realise that mastercard and bitcoin both are payment systems, they shouldn't be trying about Bitcoin anyway. We already have plenty of news outlets spreading negative falsified information about Bitcoin. If they are truly interested, they should be learning about it themselves instead of believing sources from news outlets/competitors.
7298  Bitcoin / Bitcoin Discussion / Re: mastercard attacking Bitcoin on: June 12, 2015, 02:57:46 PM
Funny, yeat all bitcoin debit cards are MasterCard...

I think Xapo is using VISA. Maybe other Bitcoin companies should switch to VISA or other companies if MasterCard doesn't like that kind of business.
No reason for mastercard or any company to force Bitcoin companies to switch. Mastercard earns money through the transactions and they like it the most.
Quote
"We would argue that, when compared to MasterCard’s network, the claims pertaining to the speed and safety of digital currencies [do] not hold up, not least given that on average it takes 10 minutes for a block to be verified and that digital currencies are far more susceptible to hacking attacks."
Worst claim ever. Digital currencies are resistent to attacks as of now. If any attacks become viable in the future, hardfork will solve it. Verifying transactions is never mandatory to accept a $5 transaction when you can use protective measures.
7299  Bitcoin / Bitcoin Discussion / Re: Methods of growing your Bitcoin? on: June 12, 2015, 02:51:43 PM
~~~

Yes more than 100 comments per day really sound wierd. I mean if you have to comment above 100 then i think you need to spend more than 12 to 14 hours on the PC and that sounds miserable and yes it would be definitely stressful. Cloudthink is giving really good payouts but cannot afford to trust that campaign what you say guys???
doing 100 comments a day will get you banned! if you don't lose your eyesight Cheesy

as far as Cloudthink campaign goes, it is paying the participants every ~3 days and it has paid out so far.

100 a day is just insane. I tend to do like 5-7 daily tops during my office breaks when I feel like posting something, I don't try to be a smartass posting huge posts and don't flood, just regular posting as if I wasn't in a signature campaign.
For the time spent making 100 comments, you could make way more money flipping burgers.

Very Rightly said.
You need to qualitative rather then quantitative. Just post quality comments which can be in benefit of other users and which can provide some quality knowledge to the users. 100 comments in a day is something ridiculous. I mean how can one keep on commenting on the same topic over n over in a single day??

for me sign campaign its like bonus for me to learn about bitcoin and say hello to other friend who have same passion like me,and i would never assumed that its a job but its a hobby that you can make money with your passion Smiley
Yeah but the best answer to this question or to this thread is the investment not signature campaing because the question is the methods of growing not earning.
Investments are generally never safe from owner running away. Unless you want to take the risk, signature campaign would be the best choice. Growing can be interpreted as increasing your amount of Bitcoin through methods.
7300  Bitcoin / Electrum / Re: Hacked but would like to know what happened on: June 12, 2015, 02:49:26 PM
Regarding the claim that the transaction originated from germany, the "relayed by IP" refers to the node that first picked that transaction up and relayed to the other nodes in the network. The person can be from another side of the world.
I would still make a new private key with a new password just to be safe. Would suck If it was compromised after all..
OP should first wipe his computer clean. A new password isn't that important. If it is a non-physical attack, the password wouldn't matter since the attacker can't get the encrypted private key in the first place. No use anyway. If you are using a wallet which generates private key based on your password... You should stop. Consider this as an expensive lesson learnt, don't install suspicious programs and don't go to suspicious websites.
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