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1  Economy / Service Announcements / Re: Bitcoin Cloud Mining with HashFlare on: February 09, 2018, 07:01:59 AM
The profitability of all Hashflare contracts was dramatically reduced last half year. Payout volumes are set now in such dirty way, that you can wait forever on a small contracts to get your coins out.

I would say, the service was much better earlier. Now it is almost unacceptable.
2  Economy / Service Announcements / Re: Bitcoin Cloud Mining with HashFlare on: October 22, 2017, 08:11:47 AM
Very slow bitcoin payouts. My payout initiated Oct. 3rd still not arrived, no answer from support.

Poor company, comparing to Genesis.
3  Alternate cryptocurrencies / Mining (Altcoins) / DASH mining with HashFlare on: October 03, 2017, 07:26:33 AM
The profitability of DASH mining with HashFlare just dramatically reduced. Any news, why? The annual contract looks absolutely loss now.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin self-cost on: September 15, 2017, 08:28:10 AM
If chinese miners will go out of market, then there will be a lot of used rigs for purchase at cheap prices (because they already got their ROI).
5  Bitcoin / Bitcoin Discussion / Bitcoin self-cost on: September 15, 2017, 08:03:17 AM
Taking into account current prices of mining equipment, electricity and labour - what is self-cost of 1 BTC for big miners? I think it is important to know, to understand the resulting market price level after the shake.
6  Economy / Service Discussion / Re: NEW POOL DATA MINING (HashFlare) on: August 31, 2017, 08:57:17 PM
Hashflare cancelled all lifetime contracts today, limiting them to one year. What a scam!
7  Bitcoin / Bitcoin Discussion / New block version? on: August 25, 2017, 08:52:49 AM
Bitcoin Core reports about new block version received. New fork?
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hashpower provider! on: August 21, 2017, 04:34:10 PM
Looks like there is no SHA/Bitcoin mining hashrate' purchase option on the website?
9  Bitcoin / Bitcoin Discussion / Goodwill Tax on: August 13, 2017, 06:44:23 AM
If bitcoin will include the feature of automatic tax (some small percentage of each transaction) to be transferred to the dedicated state's fund of the state, for example, where IP of confirming node's belong (or any other localization schema) - that will definitely lead to all states accepting crypto.
10  Economy / Speculation / Re: How MUCH will the FINAL BTC be WORTH? on: August 13, 2017, 06:36:34 AM
Bitcoin price also depends on inflation of fiat money.

As more bitcoin will become accepted, as weaker fiat money will become. So one of the scenarios could be - bitcoin cost millions in USD, but USD value will go down.
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin Newbie Looses His Bitcoin To A Youtube Video Scam on: August 07, 2017, 08:07:54 PM
I would say a big part of cryptocurrency business is a high-volume scam.

The huge scam also is a chain of new crypto coins ICOs via different exchanges.

Now thieves want to abuse the fork.
12  Bitcoin / Bitcoin Discussion / Re: Fork for Dummies? on: August 01, 2017, 02:26:10 PM
It looks like nobody did mined first big-size block yet. Though difficulty may be easier then on BTC.

Thats quite strange. Any comments?
13  Bitcoin / Bitcoin Discussion / Re: Fork for Dummies? on: August 01, 2017, 10:40:11 AM
There are also alerts that new BCC wallets will just steal private keys of Core BTC wallets. Such scam could be more dangerous.
14  Bitcoin / Bitcoin Discussion / Re: Fork for Dummies? on: August 01, 2017, 07:42:55 AM
My BTC Core wallet stopped signaling about wrong format blocks/transactions. Does it mean that nobody of miners really is mining big-size blocks now?
15  Bitcoin / Bitcoin Discussion / Fork for Dummies? on: August 01, 2017, 07:16:20 AM
I just wonder.

Did the fork happened already?

What is the new coin appeared? BCH/BCC/Bitcoin Cash?

Where is official web site? Where is block explorer site?

Which is official wallet download?

Can we double our bitcoins really?

16  Bitcoin / Bitcoin Discussion / Re: Bitcoin philosophy on: July 31, 2017, 07:46:53 AM
- Value bubble

Why not to limit the volume of crypto as fixed and connected strictly to some valuable asset? Then we will get decentralized and widely accepted replacement of FIAT money, but no bubble.

- Taxes

The civilization can not live without taxes. If we want crypto to be the money (asset) of the future, taxation must be embedded into it properties. That is easy to implement. Then we can guarantee that education, medicine, army, civil services, governments will be financed in digital future without FIAT money. We must make part of people interested in production of electricity for those who are interested in crypto mining. Otherwise all humans will starve mining cryptos.

- Privat properties

As I understood, bitcoin is already quite good traceable in some occasions - to track some criminals. OK, looks like that is not so bad - we are not talking about crypto of future as criminal instrument. So, crypto must be open enough to track crime transactions - to make it valuable asset of future. That is also easy to implement.


It looks now, that a lot of involved people are more interested in making bubbles ( inventing absent value from zero ) just to scam other innocent people, then to develop really reliable, safe and stable decentralized digital currency of the future.



17  Bitcoin / Bitcoin Discussion / Bitcoin philosophy on: July 30, 2017, 09:23:23 PM
I'm just thinking.

If we spend money to produce electricity - then spend this electricity to produce crypto coins - then finally spend this coins to get money back - it looks like there can not be real profit in such spiral. It can not be more value in the end of chain, because every link just takes part of initial value as commissions / fees by the way. That philosophy is a clear bubble.

If we can think that crypto coins are the service to be alternative to centralized money of states - OK, such philosophy show the reason of profits during mining process. That can be the only explanation of crypto' growing value.

It looks like all people are really in need to be free from state; owned fiscal systems. But that approach is also risky - without states and taxes world will not survive as is.

So - there must be any connection of crypto' value to some fixed asset (gold?) and some way to tax turnaround of crypto in favor of people, then bitcoin can act as a service for decentralization of money - what it really is.

If the value wildly fluctuate, due to multiple reasons including forks, technology or mining - that is even more bubble, then in first electrical philosophy.

Are we all just gambling with bubbles here?


18  Economy / Service Discussion / Re: Genesis Mining: Long-time review on: July 28, 2017, 11:03:15 AM
Still no payouts from Genesis Mining, after hack of their wallets, occurred on July, 21st.
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