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7681  Other / Beginners & Help / Re: Help me understand - Who uses Faucets? , and why? on: February 17, 2015, 12:10:21 PM
i have no idea how to quote many posts at once :l

If you are using 'Quick Reply'[1], you can click 'quote' as many times you like. If you use normal reply[2], i.e., when you click quote, you go to a new page with icons and text fields, you click 'Insert Quote'[3] to insert as many quotes you like.

[1] http://flic.kr/p/ra2cvL
[2] http://flic.kr/p/ra2pRN
[3] http://flic.kr/p/qUJMuY

my posts are manually counted so my sig campaign doesnt have to include all of them if it doesnt want to

But mods don't want to hear 'how payments are calculated' but... as you didn't know 'how to multi-quote', they may not do anything about the posts you made till today. Roll Eyes Smiley

   -MZ
thanks for helping out , gonna try to get started with that
also guys , i found a bot that actually does captcha's tried it on faucets with succes called " rumola " its not free tho. but this means , that most people using faucets are probably abusing them with bots :/
Rumola is actually a company that pays workers to solve captcha for their customer. It would likely to pass the captcha check as it is actual human solving it. However, the cost per captcha is very high and would make it impossible for anyone to make a profit or may even get loss due to the operating fees.
7682  Bitcoin / Bitcoin Discussion / Re: Bitcoin, How Long Will It Last? on: February 17, 2015, 12:07:33 PM
So, all the coins will eventually be mined, right? (What year was it again? I forgot...) And the only incentive to mine will be the fees.
How much would the fees be? They must be rather big to give enough incentive to mine...

There will allways be mining the fees, and it will probably still be profitable, believing that the price should be much higher.
I doubt fees will be mandatory, because once again, if the price becomes insane, even a fraction of bitcoin for fees would be too much.
I believe bitcoin will last for a long time, but also, that it will be replaced by something better in the future, or it will itself be dramaticaly changed to be better.

cheers
Even without high prices, miners can still make a profit after all the Bitcoins has been mined. There would be much more renewable energy sources available around the world and electricity would likely to become cheaper as manufaucting cost of the equipments to generate electricity would become much cheaper. Also, the efficiency of ASICs would most likely be improved.
7683  Other / Beginners & Help / Re: Blockchain vs Electrum on: February 17, 2015, 12:01:11 PM
How many timse has blockchain been down?  just curious.
Online wallets are generally unreliable due to the downtimes and a website full of bugs. I wouldn't recommend anyone to use blockchain.info due to the obvious security issues and unreliability.
7684  Other / Beginners & Help / Re: I want to invest on: February 17, 2015, 11:59:16 AM
https://bitcointalk.org/index.php?topic=958570.new#new if anyone is looking a place to invest ur coins then just see this
Loaning is one of the worst and the most risky investment which doesn't actually promise a certain ROI. Especially when anyone can purchase an account for less than 0.1. The worst part is Bitcoin is anonymous. Even with an ID, you won't be able to get back investment in case of default.
7685  Economy / Services / Re: Wanted: Reliable VPS hosting for BTC that allows for user-provided VM image on: February 16, 2015, 03:02:17 PM
I need 24x7 support so no "one-man show" is acceptable.

VPS must have 2 GB of RAM and be able to handle heavy duty tasks like C++ compilation (data storage doesn't need to be huge but should be easily enough for it to run bitcoind).

You may be looking for a dedicated server. There are loads of them available at http://www.webhostingtalk.com/forumdisplay.php?f=36.  Always check reviews of the hosting provider before considering to order.
7686  Other / Beginners & Help / Re: Which Windows wallet not download full blockchain on: February 15, 2015, 04:27:48 PM
Quote
The fees goes to the miners(They help you confirm your tx for the fees you paid) and not to electrum.

OK, thanks. So this fee is voluntary?

Default fee is .0002 BTC per kb of transaction. How many kb in a typical transaction? .0001 kb? or 10,000 kb? I need to know how much I'll be donating.

Thanks for helping a newbie. Cheers,

Advait
The minimum fee you can go is 0.00001 BTC/kb for clients to relay your transactions. Transactions are ranked by their priority, the higher the priority, the more probability it will confirm within the next block. Priority is calculated using coin age (amount of time that specific coin is in your wallet untouched), transaction size and fees. If your priority is high enough(57,600,000), you may try using 0 fees, no guarantees your coins will confirm very fast. To qualify for a free transaction, your transaction size must be below or equal to 9999 bytes. Compressed keys are known to produce lower sized transactions so you are recommended to use it. It all come down to what is the block finder's policy. If the block finder decides to abandon your transaction, the next block finder can then decide to include your transaction once he have found a block.
7687  Economy / Exchanges / Re: WARNING! 40 000 USD was stolen fom BTC-e.com account! on: February 15, 2015, 02:37:35 PM
You are being unreasonable. No one would bother hacking a email than a 40,000 USD account. The possibility of malware infection on your computer is high considered that theres no 2FA configured on your account. If it is a inside job, there would most likely be no trade of IP logins.
7688  Bitcoin / Bitcoin Discussion / Re: How to hide your bitcoin? on: February 15, 2015, 02:11:20 PM
you don't have to use same "wallet.dat" for everything.

you can just create seperate wallets like me.

I've around 5 wallets that each one of them are used for different things. (Also I'm backing them up regularly to safe my private keys).

Separate addresses will do too.
Wallets may be unnecessary.
At times, you may spend coins from two inputs from different address by accident. This will cause people to link two different address together and your anonymity would be gone. Separate wallet.dat would be better since they are on seperate places.
7689  Other / Beginners & Help / Re: calculate profit/loss on: February 15, 2015, 01:52:02 PM
You've to pay:
1- Hardware costs
2- Electricity costs
3- Internet connection costs
4- (optional) some guy to keep the devices runnign stable

You'll get:
Some bitcoin "tops" the online mining calculator says.



No sense inclusing ISP costs since you'd pay those anyway

Check out http://www.coinwarz.com/calculators/bitcoin-mining-calculator

Electricity costs can be calculated by dividing your monthly electric bill total by total # KWH used. Usually $0.08-0.25, I think most are average $0.10 in US?



If you don't live in a G8 country then you should calculate the ISP costs...
Also you may need extra connection.
Well, miners don't use much data when submitting shares. This won't affect much, you can use internet while having more than 5PH of miners running considering the bandwidth usage. Why would you need extra connections? A normal and your main one would work fine.
7690  Other / Beginners & Help / Re: Help me understand - Who uses Faucets? , and why? on: February 15, 2015, 12:53:57 PM
wouldn't some people have botnets too to get a little extra bitcoin from faucets? i'm sure some bots would be able to crack capthcas on some of these faucets. i'd imagine they'd make a good amount of bitcoin by running a botnet on bitcoin faucets.
this is a good theory , and something i'd actually belive cause i have a hard time beliving there's people spending countless hours doing the captcha's :>
OCRs have very low accuracy, they take sometime before it solves the captcha. The ads in the browser could cause computers to slow down and become noticeable. Most faucet uses either recaptcha or solvemedia which is close to impossible to solve using OCRs right now. Think about it, if owners knows their captcha can be solve by OCR s, they would likely to change it as repeated viewing would yield less profits.
yup , indeed i doubt there's bots solving them which makes it weird that faucet owners profit at all from people using these facuets.
Faucet owners profit by users visiting their page and a view would be counted by the advertiser and a portion of money is paid. Faucet owners are more likely to profit by unique view instead of continuous views from same IP.
7691  Other / Beginners & Help / Re: I want to invest on: February 15, 2015, 12:38:51 PM
i just do not know
where i should invest bitcoin ?
considering all existing sites will eventually scam IMO
it's better to keep bitcoin by yourself
invest in it's price : buy low, sell high Smiley
avoid to invest in some site that offer you high return, which possibly turn to be scam

This kind of investment is very risky. Prices can crash at times as Bitcoin is still relatively volatile in prices. Never invest more than what you can afford, put away some money for Bitcoin after calculating the expenses for your daily life with some money left over.
7692  Bitcoin / Mining speculation / Re: Is it worth buying equipment for $5k or so? on: February 15, 2015, 08:52:17 AM
Some companies delay the shipment or don't ship at all. This can affect your ROI opportunity. Even if you have free electricity, if the company don't ship hardware or ship faulty ones, you won't be able to ROI.
7693  Other / Beginners & Help / Re: BTC Core Total Size? on: February 15, 2015, 08:49:48 AM
What is the total size of BTC core, because its very slow to download
while it is 31 GB right now you have to keep in mind that the blockchain size will grow over time, soon we are looking at 40 GB and more.
if you have a problem with this size like me, you can choose a lightweight wallet like Electrum or multibit

This.

From https://btc.blockr.io/charts, the blockchain size is growing at roughly 56MB a day (~140 blocks a day * ~400KB average block size), so you should prepare to see the size go up 20 GB a year.
The space should be reduced once blockchain pruning is implemented. With data storage technologies being advanced at a fast rate, HDD are relatively cheap now, it is possible to get 1TB HDD at less than $100.
7694  Other / Beginners & Help / Re: windows phone bitcoin wallet on: February 15, 2015, 07:07:16 AM
Is there any bitcoin wallet in wp8.1 os?
There are very few Bitcoin wallets in Windows phone 8.1os. Try using blockchain.info or greenwallet on your browser. It is far more convenient than using those apps.
7695  Bitcoin / Bitcoin Discussion / Re: Hackers steal 300-900 million! on: February 15, 2015, 07:03:48 AM
If this were to be btc, all the negative news will start to pour in to make it look real bad. And talk about being fair

If this was btc, we would already be banned by now
Bitcoin cannot be banned due to the fact that it is decentralised. The whole internet would have to be shutdown to block Bitcoin. It would be unlikely such a big hack would happen to Bitcoin as the encryption is relatively secure enough for at least another 10-20years.
7696  Bitcoin / Bitcoin Discussion / Re: Bitcoin Debit Card on: February 15, 2015, 07:02:16 AM
There are cards which allows users to deposit and withdraw money without verification from and to the debit card. The limits is quite low however without verification. You would also need to load cash from exchanges, this is still a Bitcoin debit card indirectly.
7697  Other / Beginners & Help / Re: Help getting started please! want to start mining generate some income... on: February 15, 2015, 05:57:10 AM
Most alt coins are just pump and dump coins so it is impossible to mine on them. Due to the fact that it is ASIC resistant, botnet owners can also point their victim to mine the coin, therefore causing the difficulty to increase and making mining unprofitable. Your best bet is to sell those parts and buy Bitcoins.
7698  Economy / Service Discussion / Re: Recurring monthly bitcoin payments on: February 15, 2015, 05:29:14 AM
You can do that with Coinbase.
Will Bitcoin-qt add all these cool features? right now is still so damn rustic.
You can technically configure a script which sends a RPC command at every specific timeframe. This however, requires you to have a computer that will be online all the time and if the address changes everytime, you will lose your Bitcoins since they would be unable to credit you.
7699  Bitcoin / Bitcoin Discussion / Re: Hackers steal 300-900 million! on: February 15, 2015, 05:26:22 AM
One way of Bitcoin being more secure than fiat. Bank transfer requires you to key in information while connected to the internet. In Bitcoin, you can sign a raw TX on a offline computer and broadcast it on another online computer. If you use proper security procedures in Bitcoin, the chances of hack would be close to zero(Unless a bug in the wallet code is found).
7700  Other / Beginners & Help / Re: Which Windows wallet not download full blockchain on: February 15, 2015, 05:19:55 AM
SPV clients like Electrum and multibit doesn't download the full blockchain but it downloads the headers of each block. It trust the miners to enforce the network rules and Bitcoin Core doesn't trust miners this way. If you are only looking to recieve and send Bitcoin, SPV clients are the way to go. If you are looking to use all the developers features and have more control over your privacy, try using Bitcoin Core.
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