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1  Other / Beginners & Help / Re: Trading questions on: January 07, 2014, 03:21:56 PM
I have been looking at different trading sites and am wondering the following:
What are the green, yellow, red indicators when checking out a site?

In general with all things around "handling money online" I would suggest to imagine that you're trying to register a normal "checking account".
You would not trust your salary to some dubious website, would you? Wink

The following tips might be of use:

Green Indicators
  • Important: Officially backed by a financial institute.
  • Large website, media coverage.
  • No known security leaks.
  • Operator is a registered company.

Red Indicators
  • No information about the operator.
  • Operator registered in a place that is known to be home to a lot of bogus companies. (Cayman Islands?)
  • Website functionality clearly broken sometimes.

Quote
If you post a "Stay away" or "This is a great sight" please provide a reason why it is bad or good.

If you're living within Europe I can definitely suggest bitcoin.de.

Although they've had problems (especially during the first big crash in 2013) in the beginning the exchange service is running smoothly now:
They're adhering to AML guidelines, have an official partner bank, offer fast support and have a pretty active community.
And it's available in English!

Thanx for the replies:
To I_am_the_one_who_knock those are pretty basic indicators that I would agree on but apparently there are no guaranteed "safe" exchanges for crypto.

I was looking into 2 well known exchanges and did some research only to find that a number of the members here who had used them for sometime have had multiple issues which have yet to be resolved. I refer to cryptsy and coins-e.

No I'm not in Europe Canada here but thanx for the referal
2  Other / Beginners & Help / Trading questions on: January 07, 2014, 02:33:18 PM
I have been looking at different trading sites and am wondering the following:

Is there a list of reputable sites? If so where?

Is there a list of sites to stay away from? Again if so where?

What are the green, yellow, red indicators when checking out a site?

If you post a "Stay away" or "This is a great sight" please provide a reason why it is bad or good.

Thank you

Grimwald

"What is not defined cannot be measured,
What is not measured cannot be controlled,
What is not controlled cannot be managed,
What is  not managed cannot be improved,
If you are not trying to improve it then you do not care"

-- Author Unknown
3  Other / Beginners & Help / Doge Blockchain Split FYI on: January 07, 2014, 03:38:21 AM
Hi folks

Did a search for this and didn't see it so if I'm repeating here I apologize
Today I opened the Dogecoin-qt app on my MBP and noticed it was stuck at synching 3 hrs back on the blockchain.

I started looking into it and found that in an attempt to increase the amount of coins they adjusted the chain and it
caused multiple forks which has caused many on the network to be processing and doing transactions on a false fork.

They have for the most part fixed this and have finished the new version of the Dogcoin wallet.

All the information you need to fix it if your having problems is posted on the developer blog on reddit here:

http://www.reddit.com/r/dogecoin/comments/1ug958/psa_dogecoin_wallet_version_14_released_you_must/

Do not send your wallet files or your doge folder to anyone.

For me the worse case was I had to delete a couple of files after backing up my wallet file and then start the new version 1.4
and it started synching from scratch. So far it is working but I'll know for certian once it gets to that part of the blockchain where it forked.

ADDITION POOLS ON FALSE FORK
Apparently after reading more of what has happened there is a list of pools that are mining on the false fork so if your mining doge
you want to check this out as you won't get any of the coins that have been found on the false fork.
Here is the list again from the reddit site
http://www.reddit.com/r/dogecoin/comments/1ufozq/forked_pools/



4  Other / Beginners & Help / Re: Anyone Here Set Up a BTC based Store? on: January 02, 2014, 02:42:07 PM
Grimwald
I have an online site that is focused on Tanzanite gemstones TanzaniteAmerica.com. I do not have a shopping cart because I find I comunicate with every potential Tanzanite purchaser. Payment arrangements are made via email or phone calls. A few months ago I decided to accept bitcoin. The single most important thing for me was to find the code needed to convert the set price in USD to bitcoin at the time someone visits the site.

I believe Coinbase.com has utilities/code to do that. I wrote all the code for my site. If you would like my bitcoin conversion code send me a message and I'll send it to you. Not knowing what you have in mind my code may not be usefull to you.


Thank you for the reply when I'm further along in my concept stage I may take you up on that.
5  Other / Beginners & Help / Anyone Here Set Up a BTC based Store? on: January 01, 2014, 11:01:49 PM
I was wondering if anyone here has set up a Bitcoin based online store to sell their own products or services?

If so could you point me to a couple of the resources you found most helpful for set up of your site.

Thank You

Grimwald
6  Other / Beginners & Help / Re: new user on: December 29, 2013, 07:35:58 PM
Hi I am from India my name is harry and I m new to Cryptocurrency
Hope to hear from other users

Hi Harry

I'm new as well look forward to hearing about your journey in the land of cryptocurrency
7  Other / Beginners & Help / Faucets That Use Solve Media on: December 29, 2013, 06:14:11 PM
Hi

I was just wondering if anyone here goes regularly to faucets for BTC, LTC or DOGE?

I have been doing it for a few weeks when I have nothing to do and have gotten some coin that way obviously not a ton but it's free.

At first I found it fairly quick and easy then Solve Media had some sort of update and now their puzzles to prove your not a bot are insane.
The distortion and colors they started using make it extremely hard. I've gone through 20-30 puzzles a few times not getting any of them right.

I sent a few problem reports to Solve but have seen no response maybe do to holiday but have also sent e-mail to the website admins to let them know.
A few have said they have had other people mention it as well and are changing to a different provider.

What do you folks think? Is Solve Media being a bit extreme? I mean I can see getting 1 or two wrong but stink this is crazy.

On top of it I do graphic design so typically have a good eye for this stuff.


8  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Doge with my MBP Using Asteroid on: December 28, 2013, 10:52:12 AM
18 doge in how many hours?
doge will not reach a $0.1 and I am being optimistic about it. The most it can reach is $0.01. And it still wont be worth anything at all. You should just keep an eye on new coins released here and mine only cpu coins. doge is --scrypt coin mined using gpus. your cpu cannot compete with gpu. So you are just wasting time and electricity. mine the newly released cpu and you'll be way better and you'll make some money too. But once you have mined the coins. Wait 2-3 months until the coins blocks reward halves, coin difficulty goes high and/or it hits an exchange. So you can sell it at better prices.

That being siad. You should mine cpu only coins.

Thank you for your input.

Just out of curiosity where do you get your information that supports the belief that Doge will not reach $0.1? I would be interested in looking at it.

Thanx
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Locked on dogechain pool on: December 28, 2013, 02:03:05 AM
Find the contact information of your pools admin and ask them to unlock your account.

Yeah that is typically the first thing to do but there is no contact info on the site yet so I went to the link provided earlier in this thread
hoping that the dogecoin chain and the dogecoinchain pool are managed by the same.

Unfortunately they didn't think about their incident management process when they first put up the site but I'm sure they will get to it.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Doge with my MBP Using Asteroid on: December 28, 2013, 12:28:22 AM
Quote
Hello. It's great for you to have such an enthusiasm ! IMO though you are paying more for electricity than that you are earning by CPU mining DOGE. I recently read an article for CPU mining where they described the whole thing as if it is absolutely free because you can mine while the computer is not in use. But modern CPUs consumes many times less electricity when the computer is idle, so when you start mining the power consumption really jumps up. You can try those USB ASICS and I think that you will earn more money with such a device(s) mining bitcoins.

Yeah I understand that however the idea is that if you can accumulate a good amount of coin while the value is low and it continues to increase in value it will pay off in the long run. I have heard enough hype about Doge in many media avenues to take the risk to spend some electricity to get some coins and see.

Of course it could all go bust too you never know.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Locked on dogechain pool on: December 28, 2013, 12:18:30 AM
I got locked as well which is a rare thing for me so much sad thing is that the link to "sight support" does not give you a contact just a
message that reads "This product comes 'as-is' without any warranty. Please check the Apache License, Version 2.0, for details."

Hmmm possible red light?
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Doge with my MBP Using Asteroid on: December 27, 2013, 06:18:26 PM
Thanx for the feed back
13  Alternate cryptocurrencies / Altcoin Discussion / Mining Doge with my MBP Using Asteroid on: December 27, 2013, 04:40:27 PM
Hi

I was about to give up getting in on the coins as BTC is pretty much out of my reach for mining as my PC is to old and it takes to long using my MacBook Pro to get anywhere then I discovered Litecoin and the Asteroid app and started mining those for a week at WeMineLTC.com. Again after letting my miner run  for a long time at about intensity 11 I wasn't really getting anywhere. I currently have 0.014368460000000005  LTC after about a total of maybe 30 hrs of mining. The hash rate was on average 17-20.

So I was rather discouraged thinking hmmmm I really don't want to spend money on this yet is there a way to perhaps make some then reinvest it?
Then I found DogeCoin which at the moment is not as hard to mine as the difficulty level is lower and I started to look into mining it using Asteroid and after
ac couple of attempts I was successfully mining the new underdog currency. After just a day I have got 18 doge.

I know that Doge is not worth as much as LTC and LTC is not worth as much as BTC but as the demand goes up the value should increase so I am hoping I can at least make enough to invest in some better tech.

To serious miners this may sound sad but the point is this. If cryptocurrency is going to really take off it has to be accessible to a majority of people and unfortunately this means hardware and software that is a few years old. As the majority of people do not upgrade every year. Which is why I was happy when I found I could mine with my MacBook Pro that I bought in 2010 as long as I watch the heat. I have been able to keep it at around 88 c while mining at intensity 11 sometimes 12 if everything else is shut down.

I have been able to collect BTC by going to faucets and at the moment after a couple of weeks of just doing it in my spare time I have gotten 0.00106789 BTC which isn't much only about .91 CDN

I think I'm gonna give up on LTC and just do dodge coin my doge is up to 120 right now and I have found a few faucets for it.

I want to look into the USB miners but don't know much about them yet does anyone use these? If so are they self contained or do they need to access your GPU as well?

Grimwald

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