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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: VEGA 64 mining FREE WISDOM on: April 06, 2018, 01:07:23 PM
The AMD RX Vega 64-LC (Liquid Cooled) averaged 25.5% higher than the peak scores attained by the group leaders. This is an excellent result which ranks the AMD RX Vega 64-LC (Liquid Cooled) near the top  Wink
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Tezos discussion on: April 06, 2018, 12:43:32 PM
Hi,I used to type in my TZ1 PUBLIC KEY,but always go wrong,may I use the Mnemonic Word to recover it?plz (self.tezos)
3  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: April 04, 2018, 04:34:18 AM
I get it , you are a journalist doing a story about how one uses the DNM and need to make a purchase ... good for you. Bitcoin is great for this
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BNS - A DECENTRALIZED CASHBACK PLATFORM ON THE BLOCKCHAIN on: March 18, 2018, 03:52:50 PM
Such projects very few!! And It's rare found cryptocashback service
And in the end I hope you could use for me and another people!! BEST OF LUCK  Grin
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BNS - A DECENTRALIZED CASHBACK PLATFORM ON THE BLOCKCHAIN on: February 21, 2018, 04:45:04 PM
that's very interesting but what's the use from the draft?
6  Other / Beginners & Help / Re: How Bitcoin mining works? on: February 15, 2018, 09:20:38 AM
Bitcoin mining is is the process of operating the Bitcoin blockchain, which is an accounting system (a database) for BTC, a cryptocurrency.

Think about how normal cloud databases work: AWS runs on servers all over the world that are owned and operated by Amazon. When you want to make a change to the database, you verify your credentials (login/password) with AWS, instruct AWS to make the necessary changes, then wait while AWS makes the change.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be hacked? on: February 15, 2018, 08:55:33 AM
There's a wrong concept in your question. The Bitcoin actually can't be hacked, it's too hard and difficult; what hackers do is put a trojan in some junk mail which the user open, steal all the info about the wallet (address, password, etc) and transfer to 2 or 4 accounts in order to lose tracks.

This is something very common and usually the targets are people who have a big amount of BTC in one account.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin Dangerous ? on: February 15, 2018, 08:42:28 AM
Still too new. Bitcoin is only a few years old. It's possible that a competing crypto currency becomes more successful than Bitcoin or that somebody somehow finds a major flaw in the system. We don't have decades of history yet.
9  Other / Beginners & Help / Re: is there any easy way to buy and store bitcoin? on: February 15, 2018, 08:07:01 AM
I would say so. Don’t expect any privacy, but there record has been pretty good in terms of security. They use the cold storage and hot storage model.

Cold storage just means that they private keys used to access the Bitcoin is kept offline — that is the private key NEVER touches the internet. Physical security is a relatively easy problem to solve compared to digital security.

Hot storage is where the private keys used to access the Bitcoin is kept online. These Bitcoin are at high risk of being stolen because it is relatively easy for hackers to get access to these — computer security is really hard.

Coinbase probably keeps something like $50,000 - $100,000 in their ‘hot storage’ at any given time. The rest of their Bitcoin is kept in cold storage — which is much safer.
10  Bitcoin / Bitcoin Discussion / Re: Offline Wallets Vs Online Wallets on: February 15, 2018, 07:55:46 AM
Bitcoin transactions fees are high right now. At least 2 USD, quite possibly more.

Also, an online vs offline wallet won't make a difference. A bitcoin transaction has to be broadcast to the network at some point. So the transaction comes online at some point. In order for the transaction to get processed, it needs a sufficient fee.
11  Economy / Speculation / Re: Do you think bitcoin has hit its peak? on: February 15, 2018, 07:29:08 AM
No it hasn’t. Nothing can stop it. The great Jamie Dimon tried to stop it and it didn’t work. Bitcoin to tha moon.

12  Bitcoin / Bitcoin Discussion / Re: What Is Bitcoin? on: February 15, 2018, 07:22:09 AM
Bitcoin is a secure and safe way for you to send money to anyone anywhere in the world for the cost of a few pennies, instantly.
13  Bitcoin / Bitcoin Discussion / Re: What Is Bitcoin? on: February 15, 2018, 07:09:57 AM
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Kill The Income Tax on: February 14, 2018, 09:36:14 AM
No, it won't.
If anything the IRS is going to be making more money on Tax Evasion fines with the way people around here just choose to not report anything to them.
For small amounts, sure, you might get away with it, but if you are making tens of thousands of dollars "vanish" by hiding it this way, you're probably going to find out the hard way.
Remember, you gotta have Fiat to buy it first, and that Fiat is probably sitting in a bank somewhere.
Good luck to all of you who choose to try to do this and think you're pulling one over on them. The same thing happened with offshore accounts. They found a way, and they nailed people to the wall who did it.
15  Bitcoin / Bitcoin Discussion / Re: Porn Websites Are Now Most Illegal Cryptocurrency Mining Source on: February 14, 2018, 09:07:22 AM
They also say coinhive.com is the largest of the more than ten sites offering technical capacity for mining. It has 57% of the share in attacks. Coinhive recently infected BrowseAloud extension used for converting web text to audio. This aids the visually-impaired people. This crypto mining attack involved many government websites in both U.K. and Australia.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Really? Next Bitcoin is Litecoin on: February 14, 2018, 08:50:50 AM
Litecoin's increasing popularity mirrors the growing enthusiasm for cryptocurrency across the globe. Many people are eager to enter the crypto market, but it's important to have a sound understanding of how the world of cryptocurrencies and blockchain technology work before diving in. Investopedia Academy's Cryptocurrency for Beginners course arms you with the knowledge and tools you need to successfully enter the realm of cryptocurrency.

17  Bitcoin / Bitcoin Discussion / Re: How to Make Money in Crypto on: February 14, 2018, 07:19:08 AM
Day Trading
Day trading is buying and selling Bitcoins on the same day on the basis of small, short-term price fluctuations in the market. Such fluctuations may be based on market trends or simply rumours. Traders can trade Bitcoin against other cryptocurrencies or against fiat currencies such as the US Dollar.
18  Economy / Speculation / Re: Your opinion about the fall of bitcoin on: February 13, 2018, 09:37:03 AM
BITCOIN IS A CURRENCY; NOT AN INVESTMENT.

So, it doesn’t matter where the price is at; I will still use it as MY chosen form of currency where I control MY funds and MY own destiny!!!

And, keep listening to the news and naysayers if you’d like.

But, the FACT is that the underlying algorithm DEMANDS a steady growth in value until the final coin is minted.

The holidays and the fact that Wall Street decided to jump into BTC have made the prices a bit more crazy than usual. But, $10k/BTC is where the coin should have been before all of that insanity last month. And, I still say we’ll see $25k before the end of February with $20k-$22k going into March 2018.
19  Other / Beginners & Help / Re: How Bitcoin mining works? on: February 13, 2018, 08:54:09 AM
Bitcoin are mined in units called "blocks." As of the time of writing, the reward for completing a block is 12.5 Bitcoin. At today's price of about $8000 per Bitcoin, this means you'd earn (12.5 x 8000)=$100,000.

When Bitcoin was first mined in 2009, mining one block would earn you 50 BTC. In 2012, this was halved to 25 BTC. in 2016, this was halved to the current level of 12.5 BTC. In 2020 or so, the reward size will be halved again to 6.25 BTC.
If you want to keep track of precisely when these halvings will occur, you can consult the Bitcoin Clock, which updates this information in real time.

20  Other / Beginners & Help / Re: Where to start with Bitcoin? on: February 13, 2018, 08:13:45 AM
Set up your first Bitcoin wallet. If you don't feel technically competent, it's perfectly acceptable to ignore the next few steps and just leave your bitcoin in the account where you bought them. In fact, most bitcoin holders do just that. But the beauty of bitcoin is that it's money that no third party needs to control for you. In addition, since exchanges store hundreds of millions of dollars of bitcoin, they are a very attractive target for hackers. So unlike stuffing dollars in your mattress, it's actually safer to store your bitcoins on your own rather than trusting them to an exchange. All the wallets listed here will not give any third-party access to your bitcoins:
Mobile Wallets are Bitcoin wallets that run on your mobile device. Such wallets are portable and practical for in-store use. Mobile devices tend to be less prone to malicious software than are computers, creating a reasonably secure environment for small amount of bitcoin. Some of the best mobile wallets are:
Airbitz
Mycelium
BitPay
Jaxx
Web wallets are convenient and user-friendly, because they are always available online. All you need to do is set up an account and log in. The most popular web wallet is:
Blockchain.info
Hardware wallets are highly secure and mostly foolproof. If you are new to bitcoin and want to store a lot of bitcoin safely, you'd be smart to invest in a hardware wallet. Popular hardware wallets include:
Trezor
Ledger
Paper wallets are very secure for long term storage. While paper wallets are highly hacker resistant, they are cumbersome when it comes time to spend your bitcoins.
Learn how to create and use a bitcoin paper wallet here
Advanced wallets are not a great starting place for beginners. This is the type of wallet for which Bitcoin was originally conceived. You'll have to run a local copy of the blockchain to keep your transactions anonymous. The better known software wallets include:
Armory
Multibit
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