Step 1. Click on the File menu
Step 2. Click on Backup Wallet...


It is not necessary to back up your wallet every day. You must back it up at least every 100 sends.

In theory, switching won't help because as as the dividend drops, so will the price of the share. The dividend can rise if the difficulty drops.

180% per year is not correct because you don't get your original investment back, so really it is only 80%. But then, as TradeFortress stated, the dividend drops as the difficulty goes up. There is a possibility that you wont reach 100%, which would mean that you lose money on your investment.

Here is what will happen to the 2-week dividend over a year if the difficulty increases by 20% each period (a rather pessimistic prediction):



In this case the total revenue is about 40%, so you lose 60%.

If you assume a certain average rise in difficulty, you can compute the total amount of revenue you will receive. Here are some examples:

Difficulty Change	| Factor	| Total Revenue	| Total Return
20%	| 6	| 40.5%	| -59.5%
10%	| 11	| 74.2%	| -25.8%
5%	| 21	| 142%	| +42%
2% (Moore's Law)	| 51	| 344%	| +244%
1%	| 101	| 681%	| +581%

Does the exchange have a history of transactions for your account? Maybe the transaction history will shed some light.

It is impossible to get an accurate prediction with just extrapolation. There are 4 more pieces of information you could add to make the predictions much more accurate:

1. How much hashing power is expected to ship over the next year or so (and when).
2. The difficulty rate of change at which an ASIC costs more than the amount it will ever mine.
3. The difficulty at which electricity costs make it unprofitable to mine with an ASIC.
4. The difficulty at which electricity costs make it unprofitable to mine with an GPU.

You did a bunch of trading with TAT.ASCIMINER. Another user reported a strange problem with TAT.ASICMINER: https://bitcointalk.org/index.php?topic=125629.msg2488719#msg2488719. Maybe you have the same problem.


You can also ask support questions here: https://btct.co/supportrequest

You are a newbie. I'm not surprised that you have never heard of it, but your ignorance doesn't make it a scam.

Anyway, for the ignorant newbies (and I mean "ignorant" in a nice way): https://bitcointalk.org/index.php?topic=125629.0

Keep in mind that DMS.SELLING dividends work just like stocks. Dividends are not like interest -- you don't gain anything by receiving dividends. A dividend just converts share value into cash. Assuming the value of DMS.MINING is unchanged (it is unaffected by the DMS.SELLING dividend, after all), then the NAV of a DMS.SELLING share will drop by the amount of the dividend because the dividend is paid from the capital that determines the share's NAV.

For example, suppose the NAV of a share is 100 BTC (because it is backed by 100 BTC of something). Paying a dividend of 1 BTC will lower the NAV to 99 BTC because it is now backed by 99 BTC of something. After the dividend, you still have 100 BTC -- 1 BTC plus a share worth 99 BTC.

Also, keep in mind that mining dividends are different.

There are other factors in play here, so although this is a fundamental concept, the results could be different.

I was worried that a paper wallet might be destroyed by water if it caused the ink to bleed, making the qr code and text unreadable, so I experimented.

First, I printed some paper wallets on my cheap printer. Then, I applied varying amounts of Krylon acrylic spray in different ways and dropped water on the paper.

1. 1 coat on the front and wet the front.
2. 2 coats on the front and wet the front.
3. 3 coats on the front and wet the front.
4. enough acrylic to soak the paper and wet the front.
5. 1 coat on the front and wet the back.
6. 1 coat on both sides and wet both sides
7. wet the front of unprotected paper

I allowed the paper to sit until it was dry.


Here are the results:

Unfortunately for the experiment, the ink that my printer uses (Epson DuraBrite Ultra) resists water very well. The #7 unprotected ink was mostly unaffected by water. It smeared noticeably in one area, but not enough to affect the readability.

Assuming that not all ink is so resistant, here are my other observations:

#1, #2, #3, #6 - A single coat is sufficient to prevent the water from soaking into the paper, but multiple coats make the surface of the paper shiny.

#4 - Soaking the paper with acrylic tended to reduce the contrast of the paper and cause the ink to bleed very slightly, but not enough to make it unreadable. Other inks may behave differently.

#5 - Because the ink was water resistant, it was not possible to tell if coating one side protects the ink from water on the other. I suspect that it might.


Conclusion:

Coating both sides with acrylic spray protects the ink from water very well. A single light coating is sufficient. It might be sufficient to just coat the side with the ink. Some inks resist water, and coating paper with acrylic spray may be unnecessary. Spraying the paper with enough acrylic to soak it is not a good idea.

Instead, could you reuse addresses from a large pool to limit the total number?

Here is my LTC config file. I'm not 100% sure, but I think the important values are "pools", "kernel", "scrypt" and "scan-time". The rest can be left out.

Didn't you notice the date? New Zealand's version of April Fools Day is June 15. It is even called Loonie Day.

According to blockchain.info:

What leads you to believe that 60% don't understand?

I think I am part of the 40% that understand what is going on. At least, I hope so. Are you sure you are not part of the 60%?

His coins are different. They are silver. Some people will want his. Some people will want yours. Some people will want both.

I meant drops by 0.0001, not drops to 0.0001. If VM drops, from 0.0070 to 0.0069, for example, then your 420 shares have lost a total of 0.0420 BTC, which exceeds the difference between the 0.035 BTC from AM and 0.0758 BTC from VM.

boyohi,

It is important to include the price of the shares in your computation. If the price of a share of VM drops by 0.0001 over a week while AM remains constant, then both will have the same return.

This is normal. In general, if the difficulty goes up, the dividends will be lower and the shares will be worth less. The price is falling because the difficulty is rising.

A couple points:

MINING also has an interest in growing the capital. There is a risk (albeit very small in my opinion) that the current capital is not sufficient. That could be the case if the difficulty drops in the future.

I think it is very important to avoid underestimating the impact of counterparty risk. Most losses to bitcoin investors have been due to counterparty risk. History shows that even the most secure and stable investments available in bitcoinland are extremely risky. Personally, I don't think that SELLING shareholders would object to holding most of the capital in bitcoins. It might even have the highest expected value.