Just want to ask which wallet is the safest to store my BTC on?  Any suggestions, please. BLOCKCHAIN!!!! its the best and fastest btc wallet online !! You can still get infected by a malware which can collect your blockchain.info password, best is to use an offline cold storage. |
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Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast.
Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource. They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used. They may however limit your ability to use additional resources. Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers. Isn't everyone's CPU resources separate from everyone elses when you have a VPS? Read: http://en.m.wikipedia.org/wiki/Virtual_private_server. It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS. If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded. |
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It depends on the age of the coin. (Number of days it have not been moved)
Amount. (Transactions below 0.01 is considered as low priority)
Size of transactions ( it also depends on how big your transaction size is for example, it have many inputs or outputs, then you will have to pay a higher transaction fees as the size is bigger)
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I doubt it, Angela.
It's taken 5 years for the blockchain to get to 20 GB. Imagine the average size of a home computers hard drive in 5 years time.
Block chain bloat is a huge problem. At the start, there weren't as much transactions. Now, there's a lot, the average block size is a lot higher, the blockchain would increase in a faster rate. Even if the hard drive can be 10tb in 5 years time, people wouldn't have that much money to invest in a hard drive since the cost could be quite high. Currently, the average block size is about 200-250 KB, according to https://blockr.io/charts. For average block size 250 KB, 150 blocks a day, the block chain will grow by about 13.5GB a year. Possibility of it growing larger as bitcoin gain more recognisation, more people would be using it, we should be expecting more than 13.5Gb per year. |
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I want to join(if possible) rank Hero member (my signature has space only for JR Member signature  ... So I think 0.00005 BTC per constructive post would be fair) start post 3649 1LqXE9xzjLS3HcoRe6AvxAw9zhMimDWCjP I don't think either of the signature campaigns operator would want to see two paid signature in one signature space. |
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That sucks dude! I looks like someone hacked into your system.
You should scan your system for any viruses and/or malware
be aware that not every anti virus can be very effective in looking for viruses. Some of them can even be FUD. Try to reinstall system and change all your passwords. |
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I doubt it, Angela.
It's taken 5 years for the blockchain to get to 20 GB. Imagine the average size of a home computers hard drive in 5 years time.
Block chain bloat is a huge problem. At the start, there weren't as much transactions. Now, there's a lot, the average block size is a lot higher, the blockchain would increase in a faster rate. Even if the hard drive can be 10tb in 5 years time, people wouldn't have that much money to invest in a hard drive since the cost could be quite high. |
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I haven't opened my bitcoin wallet for about 2 month. I had a small amount of bitcoins on multipool decided to transfer to my wallet.
After syncing my wallet noticed a DEBIT of:
.30btc on 6/10/2014 address was n/a
Status: 873 confirmations
Date: 6/10/2014 16:39
Debit: -0.01 BTC
Debit: -0.27 BTC
Debit: -0.01 BTC
Debit: -0.01 BTC
Net amount: -0.30 BTC
Transaction ID: a80a666ee19be52c8b005ad89274d2f762655ee4ca9da7899f6d94b1bfe86734
I was wondering if theirs away to find out what happened to my bitcoins or how they were debit out of my wallet?
Hi man, Sorry to hear that, but probably you got hacked somehow. Do not trust anyone! BTW what is that IP means?  This one is from the transaction micky123 mentioned. Thanks! The transaction was first relayed by this node. That means that the transaction was broadcasted to this node first, before to the rest of the network. It doesn't mean that it is the IP of the person who stole it, can be inaccurate. |
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I think you have virus there. Some viruses are programmed to send Bitcoins from your wallet to a specific address. Make a cold storage next time.
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The reason why I don't want to make it open source is because we want to be and stay the sole owners of the bot. The bot is completely safe, if you do not trust me then you should make an alt account and try it on there...
The problem is my computer can get infected, virus scans aren't foolproof, there can still be virus in the program. Well, there is no virus and plus it is a jar executable so you don't even install it. You should trust me and try it then tell everyone it is okay... cause the virus total uses a lot of programs to search for a virus. It is possible to include virus in a jar executable. Pretty much same as any other programs. |
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The reason why I don't want to make it open source is because we want to be and stay the sole owners of the bot. The bot is completely safe, if you do not trust me then you should make an alt account and try it on there...
The problem is my computer can get infected, virus scans aren't foolproof, there can still be virus in the program. |
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Then is there some other roundabout way I may use to do so? For example game items/currency -> bitcoin, etc. It would need to work with Virgin Mobile USA.
Blockchain.info used to offer the phone deposit service, wasn't available in my country. Try buying some game currency and exchange them in the currency exchange section. |
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It's usually, but not always, on for 24 hours, so I'll run a node.
The sync has slowed right down at 14 weeks to go, so I guess it's now catching up with data that wasn't in bootstrap.dat.
I've started ufw and I've opened up port 8333 using "sudo ufw allow 8333" whilst bitcoin-qt was running. I don't need to restart bitcoin-qt, do I? Will I lose all of my sync'ed data? I'm guessing it will just carry on where it left off, right?
Yup, if you ever stop or restart it, it will continue to sync after you turn it on. |
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Thanks, but if I were looking to buy Bitcoins with the cash I already have, I wouldn't be asking for help as there's so many options concerning convention or unconventional means to acquire said coins. I want to drain my phone balance into Bitcoin. I understand it may be a hard feat, but I'm not keen to give up on this goal just yet.
Actually, I was looking for it a year ago and never found one. I can only find one which converts Bitcoins into phone balance |
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dude, you're a real joke, u're trying to fool newcomers ripping them off with your high prices.
what u sell is worth 3$
1 Ghs it is $4.73 today. add my 20% fees and you have the final price. I would rather exchange my cash from my local bitcoin ATM and deposit into cex.io account. The fees aren't even 20%. Also, even without your fees, it is impossible to ROI. |
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Your mining rewards does not depend fully on the pool, you will get more payout frequency but smaller payouts per block in pools that are bigger(With more hashrates) while you get lesser payout frequency and higher payouts per block in smaller pools(Lesser hashrates). In the long run, both make the same amount.
The pool you use does slightly affect your mining profit. Your expected mining profit depends on the pool fee, the presence of merged mining and profit-switching features. Your actual mining profit depends on the pool luck. It doesn't depend much on the pool luck since it will eventually even out, if you mine at least 6 months. Theoretically, yes. But the reality is is cruel. BTCGuild has a 89.531% luck for the past 3 months. Even for the all-time luck, it is at 97.873%. (BTC Guild starts in May 2011) https://www.btcguild.com/index.php?page=pplnsIt is hard to predict the luck isn't it? How do you even predict the luck and choose the correct pool? The luck may be even lower after you join the pool. |
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Scrypt and x11/x13 coin rigs are profitable and will be, especially x11/x13 coin rigs, as they are asic proof, atleast for now.
BTC mining is only for big pockets now.
Scrypt wouldn't be profitable for a long time. Better ASICs are designed at a fast rate, plus you have to consider about the heat produced , electrical fees and the difficulty increase. |
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Either Localbitcoin or Bitcoin ATM would be useful. Becareful if you are meeting another person from Localbitcoin alone. There have been cases of people being robbed when they meet up. Try to find a place that is safe and is crowded.
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None, try to find a Bitcoin ATM and use it. Alternatively, try Coinbase. If you cannot find an ATM or cannot use Coinbase, go to https://localbitcoins.com/ and try to find a local seller. |
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There is nothing called "safest".
Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.
Still, some are more vulnerable than the others. For example, blockchain.info is better than coinbase, as you don't need to worry about the site vanishing. Similarly, offline wallets (created correctly) are better than online wallets, as you don't need to worry about keylogger and hacking. Offline wallet isn't 100% foolproof. Yes, they are more secure than any other method. But, if the device that generated the offline wallet have problems with the RNG like what happened to android last time, you can also be hacked. It may not happen but you still have to pay attention to the bitcoin news and move your bitcoin if your wallet had vulnerabilities. Yes, and so I have emphasized the offline wallets need to be created correctly. Regarding the safety, a paper wallet generated with internet connection would be completely different from a paper wallet generated without internet connection. But how can you predict if the device have problem with RNG? Also, you aren't fully correct on your last statement. If there is a malware on the computer and you turn of the computer's internet connection only during your wallet creation time, the malware can easily store your private key and send when there is a internet connection. |
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