How is this done once someone already has enough power to take over an altcoin network? As they are mining on a pool can they just do transactions and then cancel them? How is this all done?

Here is evidence as requested, this picture was taken straight off the of the server computer running the whole operation.

http://gyazo.com/96d0e391c6f37abd9900e9a86d0e34e2

As you see I have two clients and the system is keeping track of amount of Bitcoin and each clients earnings.

First let me state that this is not a Ponzi scheme and I am willing to give out as much information about what I am doing as possible so everyone knows what I am doing. Basically I am just simply offering a service where you give me Bitcoins and every day that I have those Bitcoins I will give you 0.5% back every day. There is no limit to how many days I am allowed to have your coins. You can do it for just one day if that is all you want. I am already running this as a WORKING service this is not a beta test or anything of that sort. I have a system I wrote in C++ using the API at CEX.IO to make all of this.

How it Works
All you have to do is give me any amount of Bitcoin, could even be BTC0.00000001 for all I care just to test my services and the next day that will grow by 0.5% every day until you take it back.
For Example: If you were to give me BTC0.01 for one day you will receive a payment to your wallet of BTC0.00005 and that will continue everyday until you tell me to stop and then you will get your BTC0.01 back into your wallet that night when payouts go out from my system.

To get started all you do is send your Bitcoins to 1MgNEyFPk3U33jPRc4qxvfo7W5aHFvtg3U and your address and deposit amount will automatically be recorded by the system. Payments will then go out the following day. Please send me a message as well to verify your address and deposit amount just for my own book-keeping if you could please.

Trust
Now as this probably sounds like a scheme of some sort I can promise you it is not and am willing to answer any questions that anyone has towards me and this business. I will be open and completely honest and if you don't believe that this is real just try it with $1 worth of Bitcoin and I can then prove my business is legitimate.

So I decided to start up a P2Pool node as I saw there was some nice little advantages to it. I mainly wanted to start my own mining pool which is why I created this node as I just wanted a small group of people that all mined together. I was hoping maybe I could get some people to join up with me. Currently there is only a fee of 0.1% which is for maintenance and whatever I don't use for maintenance I will randomly send to one of the people mining with me as a "gift" I guess you could say. The maintenance BTC I will receive per block is only BTC0.025 which is about $5 at the moment and I will decrease the fee as needed over time as BTC price goes up.

http://24.210.194.71:9332

Here is my node which is currently at 652Gh/s.

No signup is required you just use your Bitcoin address and all payments will go straight there.

Hello everyone. I am wondering if anyone would like to buy my CEX.IO hashing power off of me. I have 100Gh/s and am willing to negotiate a price. Comment below or message me for information or to make a trade.

Here is the beta of my site. I have been working on it for a little while now. If anyone could simply make an order just with one dollar I would very much appreciate it. I need real testimony on my site showing that it works.

coinswap.site88.net

Good point as well and it is legal where I live to be doing this.

Thank you very much for the feedback and I did exactly what you said. Do you know of any hosting service that runs off BTC? And you have a very good point that I should just go for it and make this a real thing. So I am going to start working on it tonight.

So recently my family has been having money issues and I thought of ways to start a new business. The only thing I could think of was using Bitcoins, which I have been working with for a long time, to start a new business. I currently only have about $12 to start this business idea that I have, but I think with some suggestions and knowing that I will have customers, I can pull through with this.

Basically my idea starts off as I want to offer the ability for people no matter what age or what payment method they use or where they live to stop them from buying Bitcoins. I have come up with many ways to have money transferred to me so I can get people Bitcoins. I will accept PayPal, Altcoins, Cash by Mail (explained below), Direct bank Transfer, Gift Cards, Computer Parts. Basically anything with some cash value behind it I will be willing to trade for Bitcoins. I want to start up a site for this so that way anyone can get some Bitcoins. I don't want to pay the money to start a site though and find out I will not have any customers. Also I am asking that if this idea is liked perhaps a few people can buy from me for a value between $1-10 just so I can get some testimony for my site.

Cash by Mail

I have seen people trading Bitcoins using the mailbox people where basically money is mailed and then Bitcoins are sent over the Internet in return. Now many people don't trust this because I could easily just take all the money and run. This is why I want some testimony or someone to simply try giving me $5 to prove that I am legitimate and once my ratings are up I'm sure people will trust me a little more.

If anyone is interested in trying it so I can get some testimony that would be great! Please leave all comments below and I can answer all questions as well.

Thank you very much! I just really need someone with an artistic ability to help me out a little bit. Anyone on this forum willing to help would make my day if they did.

As I mentioned above that I am a terrible artist. I need some help honestly. And you play against others online. You want to have the biggest machine running and the most BTC per second coming in compared to everyone else. Basically like a simulation game of sorts.

Here is some more pictures



It's coming along nicely I would say.

Alright guys I started making an interface (the game was just a console game for a while with a black window with some text and then I made a really crappy interface and now I'm redoing it). Here is a quick picture of what its started to look like after my last hour of trying to make a somewhat pretty interface for the game. Tell me what you think. Go ahead and ask questions if needed.



If you look here at the picture you can see the different miners you can buy (as of right now, more will be added soon). Also by hovering over one of them you get a little detail box shown below.

I will post pictures now that I know this game is wanted! and yes I will have educational value behind it and yes I do plan on perhaps having some cash reward behind the game. The only issue with me posting a picture right now is that my artwork is so bad that the game looks awful even though the gameplay is perfect. If anyone wants to help with artwork I will be very much pleased!

I made a game based on Bitcoins that uses the same ideas the that silly Android game Cookie Clickers uses and then added a few things like a marketplace to you can take the earned Bitcoins in game and exchange them for some USD and actually invest in game as you would real life. In this game you are running a Bitcoin mining farm and you select what miners you use, you have to pay attention to electricity used, overclocking machines is an option, invalid shares may occur from overclocking. I basically made a very realistic game based on Bitcoin mining, difficulty is even simulated in the game. I also think if I were to put an ad at the beginning of the game or on the webpage I put the game out, I might even make it so people can turn their in-game currency into real cash (through some made-up exchange rate I come up with). I thought it was an interesting idea. If anyone is into the idea please say so. I plan to put up pics of the game if enough people say they like it.