Cloudmining is very risky as companies can easily run away with your funds or run a ponzi, showing no proof of mining. Even with lots of reputation, they can still be a scam, for example AMHash. In most cases, cloudmining would result in a high possibility loss and a low possibility of profit due to the high maintenance fees. However, some good cloudmining companies are hashnest and bitx.
I agree. But even with good cloudmining companies such as hashnest and bitx there is no guarantee that you will make profit. Only invest what you can afford to lose. Right now due to high maintenance fees the possibility to loss is very high. The Most Important Rule of Investing: Never Make an Investment if You Couldn't Afford a Total Loss
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Is the Bitcoin stress test already started? What is the schedule?
Yes it's started. You can watch the pile of unconfirmed transaction and optimal fee at https://www.blocktrail.com/BTC. Such things have no schedule but I don't think it will last for long and it will make no harm to BTC.
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The seminar just started. Enjoy it. The first material is online.
All lectures and course materials will be released on Fridays at 9 a.m. EST (UTC -5:00).
Week 1 - 4 September Lecture 1: Introduction to Crypto Lecture 2: How Bitcoin Achieves Decentralization
Week 2 - 11 Sept. Lecture 3: Mechanics of Bitcoin
Week 3 - 18 Sept. Lecture 4: How to Store and Use Bitcoins Lecture 5: Bitcoin Mining
Week 4 - 25 Sept. Lecture 6: Bitcoin and Anonymity
Week 5 - 2 October Lecture 7: Community, Politics, and Regulation Lecture 8: Alternative Mining Puzzles
Week 6 - 9 October Lecture 9: Bitcoin as a Platform Lecture 10: Altcoins and the Cryptocurrency Ecosystem
Week 7 - 16 October Lecture 11: The Future of Bitcoin Bonus Lecture: The History of Cryptocurrencies
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I think they are free to do anything they want to. I don't see it as an act of vandalism or any sort of action that tantamounts to sabotage. At least it tells us one thing, that bitcoin is obviously not ready for future acceptance.
The fact is that they don't tell us something new or something that we don't know, so their action is just vandalism or they try to promote their shady operations. The miners don't have any problem from that, on the contrary they get more profit from increased tx fees, only the end users suffer some tiny BTC losses or delays.
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Το σεμινάριο ξεκίνησε. Καλή παρακολούθηση σε όσους έχουν κάνει εγγραφή.
All lectures and course materials will be released on Fridays at 9 a.m. EST (UTC -5:00).
Week 1 - 4 September Lecture 1: Introduction to Crypto Lecture 2: How Bitcoin Achieves Decentralization
Week 2 - 11 Sept. Lecture 3: Mechanics of Bitcoin
Week 3 - 18 Sept. Lecture 4: How to Store and Use Bitcoins Lecture 5: Bitcoin Mining
Week 4 - 25 Sept. Lecture 6: Bitcoin and Anonymity
Week 5 - 2 October Lecture 7: Community, Politics, and Regulation Lecture 8: Alternative Mining Puzzles
Week 6 - 9 October Lecture 9: Bitcoin as a Platform Lecture 10: Altcoins and the Cryptocurrency Ecosystem
Week 7 - 16 October Lecture 11: The Future of Bitcoin Bonus Lecture: The History of Cryptocurrencies
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Watch the https://www.blocktrail.com/BTC for updates about "Unconfirmed Transactions", "Optimal Fee / Kb to get into next block" and "Low Priority Fee / Kb to get into a block within 2 blocks". Coinwallet.eu that conducts the stress test has some BTC to lose to promote their shady operations and miners will get more profit from the increased tx fees.. If I conduct a web Traffic attack against coinwallet.eu and name it "capacity stress test" to prove that their infrastructure is not big enough to handle future increase in their customer base, I will be a criminal breaking the law in UK because I wasn't invited by coinwallet.eu to conduct the test. The same, I think, applies to their stress test because nobody has authorized them to conduct such a test against the Bitcoin infrastructure with consequences such as delaying transactions, but they feel safe because the Bitcoin infrastructure has no owner to file a lawsuit against them claiming damages or loss of profit. I think the Bitcoin foundation can create a bounty / donation address to raise money so that it can hire a law firm to study the cyber security laws and how they can file a lawsuit against them or anyone with criminal behavior against Bitcoin infrastructure.
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Αυτή την στιγμή το https://blockchain.info είναι εκτός λειτουργίας για συντήρηση και σύμφωνα με το https://www.blocktrail.com/BTC: Unconfirmed Transactions = 12,486 Optimal Fee / Kb to get into next block = 0.00003992 BTC Low Priority Fee / Kb to get into a block within 2 blocks = 0.00000653 BTC τα παραπάνω δεδομένα ενημερώνονται δυναμικά στο https://www.blocktrail.com/BTCΕάν έχετε κάποια επείγουσα συναλλαγή συμβουλευθείτε το "Optimal Fee / Kb" στο blocktrail.com για να εκτελεσθεί γρήγορα. EDIT: απλώς θα βγάλουν μεγαλύτερο κέρδος οι miners από τα αυξημένα tx fees... Αν θυμάμαι καλά και στο προηγούμενο stress test (DDoS / spam attack κατά την γνώμη μου) το blockchain.info είχε πρόβλημα. EDIT: blockchain.info is up μετά σχεδόν από 8 ώρες.
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Bitcoin will survive as before. Watch the https://www.blocktrail.com/BTC for updates about "Unconfirmed Transactions", "Optimal Fee / Kb to get into next block" and "Low Priority Fee / Kb to get into a block within 2 blocks". EDIT: If you have urgent transactions that cannot wait, set the transaction fees according to https://www.blocktrail.com/BTC "Optimal Fee / Kb" to get it confirmed quicker, during the stress test period. The data are updated in real time. Coinwallet.eu that conducts the stress test has some BTC to lose and miners will get more profit from the tx fees.. The end users will suffer some tiny BTC losses due to tx fees or delays but nothing serious to harm the BTC ecosystem.
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At the moment https://blockchain.info is down for maintenance and according to https://www.blocktrail.com/BTC: Unconfirmed Transactions = 12,486 Optimal Fee / Kb to get into next block = 0.00003992 BTC Low Priority Fee / Kb to get into a block within 2 blocks = 0.00000653 BTC data values are updated in real time at https://www.blocktrail.com/BTCEDIT: If you have urgent transactions that cannot wait, set the transaction fees according to https://www.blocktrail.com/BTC "Optimal Fee / Kb" to get it confirmed quicker, during the stress test period. The data are updated in real time. Coinwallet.eu that conducts the stress test has some BTC to lose and miners will get more profit from the tx fees..
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What would be the limitations for unverified account?
The limitations are the mainly the card limits. For example max Lifetime Load is $2,500 and max Lifetime ATM withdrawal is $1,000. Read the OP (first post) for more details. IMHO the unverified account is like a gift prepaid visa card, good enough to test drive the card and if you like it then get verified to unlock the card limits. In my case the verification process took about ~ 12 working days.
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Ok i make pin code bank unblock
before 1 hour i make cashout my money and my bitcoin now i control normal situation fix
i come stret and make atm cashout my bitcoin today now i make normal my card i control and i make cashout atm today
Good news that everything is working OK for you. You have been under stress, so relax and enjoy the card and your fiat withdrawal...
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Wohoo just got to understand this thing, and its shipped to my country as well awesome, getting one this instant, thanks for the explanation guys.
How fast is the shipping? Did you receive the card on time and in good condition? I live in Europe and i received the card in 5 working days in good condition via plain mail service. I'm in europe as well, can you tell if using it was as easy as a ATM card? Yes. Same operations as a Visa Card issued by a bank.
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Wohoo just got to understand this thing, and its shipped to my country as well awesome, getting one this instant, thanks for the explanation guys.
How fast is the shipping? Did you receive the card on time and in good condition? I live in Europe and i received the card in 5 working days in good condition via plain mail service.
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Hi Kimet, inform us when the ATM is operational and Stacs is ready to welcome the bitcoiners.. I think it was a hasty anouncement from you for a service not yet fully operational. IMHO bad marketing decision. The "We running in Greece again!" shoud be "We are in Greece again!. Operational soon. Stay tuned."
EDIT: Thank you @papdoc for saving our time. @Kimet i'm happy that i will have one more option in my country to buy bitcoins.
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.... i wait your answer Help My Situation? HOW I RESET OR FIX MY PIN CODE?
the mistake with PIN code is most probably caused by incorrect entry (this is the reason in 99% of such cases). ... I'm very curious what cases belong to the 1%, can you mention some? If i forget my PIN and i try to enter it in a ATM a number of times with error responses, will it be blocked as a security action? And if the PIN will be blocked what can i do to fix the situation?
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Ξέρει κάποιος που χρησιμοποιεί ενεργά την πλατφόρμα τον μέσο ημερήσιο όγκο συναλλαγών σε BTC ?
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Δεν βλέπω να έχει γίνει κάτι με το πρόβλημα του μηνιαίου ορίου για τους παλιούς χρήστες που δημιουργήθηκε μετά την αλλαγή των Ορίων προς το τέλος του Αυγούστου. Ενώ δεν είχα ξεπεράσει το παλιό μηνιαίο όριο του Αυγούστου μετά την αλλαγή δεν μπορώ πλέον να κάνω καταθέσεις. Επίσης δεν έχω καταλάβει πως γίνεται reset αυτό. Θα πρέπει να περιμένω μερικούς μήνες / ημέρες χωρίς να μπορώ να κάνω κατάθεση ? Η λύση του να φτιάξω νέο λογαριασμό δεν μου αρέσει.
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Όπως έγραψα και εδώ, πήγα σήμερα στο Stacs, αλλά τζίφος. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Το ΑΤΜ δεν λειτουργούσε, δεν ήταν καν προσβάσιμο, και οι άνθρωποι του Stacs με κοιτούσαν περίεργα απορώντας πως έμαθα για το ΑΤΜ. Απ'ότι μου είπαν θα πρέπει να περιμένουμε 2 εβδομάδες μέχρι να είναι πλήρως προσβάσιμο (θα φτιάξουν την είσοδο της Κύπρου) και σε λειτουργία. Με έσωσες από την ταλαιπωρία να πάω. Να σε καλά. Πάντως μου είχε κάνει εντύπωση από την περιγραφή του Kimet ο τρόπος εισόδου από το Πάρκιν επειδή το ξέρω το κτίριο. Θα ήμασταν σαν λαθρέμποροι που μπαίνουν στην ζούλα από την πίσω πόρτα. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Για αυτό πίστευα ότι έχει κάνει λάθος στην διεύθυνση. Με την δημιουργία εισόδου στην Κύπρου και σήμανση φαντάζομαι, θα μπαίνουμε σαν κανονικοί άνθρωποι. EDIT: δεν τους είπες ότι τα νέα στο internet διαδίδονται γρήγορα ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Εμένα μου μοιάζει με βιαστική / λάθος κίνηση marketing από τον Kimet. Πρώτα είσαι έτοιμος και μετά κάνεις ανακοινώσεις.
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