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1  Economy / Services / Re: Let's Think About the Future | Signature Campaign | (All Ranks Welcome) on: November 12, 2016, 03:03:16 PM
Your Username: justallen
Position to Apply: Newbie
Your Current Post Count: 27
Your BTC Address: 3FBV6Ufcr4dmrKpivbBm1XhaZ5ESnbja62

Updated  Grin Grin
2  Economy / Micro Earnings / Closing FaucetBOX on: November 11, 2016, 03:44:35 PM
Bad news for everyone who loves claiming faucet. FaucetBOX today announced they will close the service:

We have a sad news to announce: FaucetBOX.com is closing. We disabled creating new accounts today. On 19 December 2016 we will disable our API, which means that faucets using FaucetBOX.com will stop working. We will continue to handle withdrawals for owners and users until 16 January 2017. You have 6 weeks to update your faucets and migrate to other micropayments services. Remember that you have to reach the payout threshold to receive a withdrawal. Faucet owners will have to manually withdraw their coins in Dashboard before 16 January 2017.

FaucetBOX.com never operated with a fractional reserve. We have enough funds to withdraw coins to all users and owners with balance above the payout threshold.

To ease the transition and give alternative to faucet owners, we released Faucet in a BOX update which adds Paytoshi.org and ePay.info support. We will continue releasing updates of our faucet script in the future.

Despite many efforts and great growth FaucetBOX.com didn’t turn into a profitable business and we’re not able to sustain it anymore.

We would like to thank all of our users, faucet owners and our whole community. You were great and supportive. We are very glad we could deliver you fast, easy to use and secure service. For many faucets are the first contact with cryptocurrencies and we believe that FaucetBOX.com left a positive mark on this industry.

Summarizing:
If you’re a faucet user, make sure you’ve reached the payout threshold before 16 January 2017.
If you’re a faucet owner, make sure you’ve migrated your faucet before 19 December 2016 and withdrawn all your coins before 16 January 2017.

What will happen now to 2000+ faucet? Do we move to ePay or Paytoshi?
3  Bitcoin / Bitcoin Discussion / Legalization of Marijuana in US can BTC help sell weeds? on: November 10, 2016, 03:42:59 PM
Marijuana has a long and sorted relationship with the American legal system. At the turn of the 20th century, cannabis was one of the nation’s top elixirs and cure-alls, but over the last couple of generations, laws and regulations have made it a legal nightmare. It is treated as harshly as heroine and accounts for a large chunk of America’s 2.5 million citizens in prison.

On Tuesday, in addition to Donald Trump’s upset victory, Marijuana was legalized for use in seven out of eight states there was a voting referendum (Arizona defeated it.) This is a good start, but that is only half the battle. Can Bitcoin help with what comes next?
4  Economy / Economics / Mexican currency is dropping fast will they use BTC? on: November 09, 2016, 03:48:15 PM
Remember that Mexican Border Wall Trump had promised? And remember that Mexico was supposed to pay for it otherwise remittance payments would be retained?

Will the Mexican peso currency is losing its value on the market.

Will the Mexican population rush to use bitcoin as there currency is failing, or will shaken investors move there recent sell off into a stronger decentralized currency?  Grin
5  Bitcoin / Bitcoin Discussion / Re: The origin of bitcoin on: November 09, 2016, 03:12:32 PM
Wow!  What a load of inaccurate and made up nonsense.

It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin.

Suggested by whom? 

Bitcoin is money generated by software that can only be obtained by cracking various digital codes.

Incorrect.

Bitcoin is a money that is created by those that are performing the proof-of-work necessary to secure the blockchain.
 

Finding Bitcoin

No.

Bitcoin currency isn't "found".  It is created.

is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry.

Except that there isn't anything to decipher.  You assign yourself some bitcoins and then complete a proof-of-work before anyone else does

This online currency, which was once only whispered about in the dark corners of the Internet,

The internet has no corners.

Bitcoin was never "whispered about", and the first use of it was to purchase 2 pizzas. There really isn't anything very dark about a pizza.

responsible for releasing 21 million units of the currency into the digital wild in 2009.

Satoshi released placed his protocol and software in the public domain, but he didn't release any "units of the currency".

Since then, a little over 12 million of them have been found,

Created.  Not found, created.  And at this point its actually closer to 16 million.

become rich overnight without doing any real work.

Yep.  That's how speculation and gambling work.  The vast majority of people lose some money on the risks they take, and a few lucky people win big.

It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself,

Put aside?  You mean created through the same proof-of-work process as everyone else, and chosen not to spend yet?

is a very rich man. Or woman? Or maybe corporation? Bank? Alien race?

Or dead.

whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet.

Except it isn't encoded onto the internet, and it isn't untraceable.

Why is this nonsense trash even allowed on this forum.  Crap like this belongs in off-topic (or the trashbin).

This can be on the thread "myths about Bitcoin"...

Looks like an media article saying that Satoshi hide some Bitcoins to people try to find, that's the problem with Bitcoin, misinformation.

Just because your correct doesnt mean your right.
6  Bitcoin / Bitcoin Discussion / The origin of bitcoin on: November 08, 2016, 03:09:27 PM
It has been suggested that Cicada 3301 might have something to do with the most talked-about topic in the world of cryptanalysis: Bitcoin. Bitcoin is money generated by software that can only be obtained by cracking various digital codes. Finding Bitcoin is much like deciphering a Cicada 3301 clue, just using computer power and not occult poetry. This online currency, which was once only whispered about in the dark corners of the Internet, has become a talking point in mainstream financial media, launching hundreds of other cryptocurrency competitors and plans for the very first Bitcoin ATM in Zurich.

Satoshi Nakamoto is the creator of Bitcoin,
responsible for releasing 21 million units of the
currency into the digital wild in 2009. Since then, a little over 12 million of them have been found, and their value has sky rocketed; at time of publishing, one Bitcoin will value $708 in Us dollars, although this price is unstable. This means that those who bought some of
the currency early because of its novelty have
become rich overnight without doing any real work. It also means that Satoshi Nakamoto, who is said to have put aside one million Bitcoin for himself, is a very rich man. Or woman? Or maybe corporation? Bank? Alien race? This is where the mystery lies. Satoshi Nakamoto remains anonymous, and his/her/their identity is subject to endless speculation. Notable suggestions include American researcher Nick Szabo , Japanese
maths prodigy Shinichi Mochizuki, and Silk Road’s own Ross William Ulbricht, aka Dread Pirate Roberts.

Towards the end of last year, Dorian Prentice
Satoshi Nakamoto, a Japanese American man living in California, was identified by Newsweek as being the Satoshi. He was hounded by the media until a message was posted to a technology website stating,

“I am not Dorian Nakamoto.”

So, the hunt continues. This information gives an epic run down of all the prime suspects, but whoever Satoshi is, they are smart enough to encode an untraceable currency onto the Internet. If they want to avoid being uncovered, they will.
7  Economy / Speculation / Re: Chinese Government Plans Bitcoin Cap on: November 07, 2016, 04:44:09 PM
I wonder what well happen to bitcoin in the future.
Will it survive in the long run or not only time will tell
8  Economy / Services / Re: Let's Think About the Future | Signature Campaign | (All Ranks Welcome) on: November 07, 2016, 03:38:03 PM
Your Username: justallen
Position to Apply: Newbie
Your Current Post Count: 20
Your BTC Address: 3FBV6Ufcr4dmrKpivbBm1XhaZ5ESnbja62

Updated  Grin Grin
9  Economy / Speculation / Chinese Government Plans Bitcoin Cap on: November 07, 2016, 03:27:56 PM
Bitcoin price has been on somewhat of a roller coaster ride over the past week. On Oct. 28, Bitcoin was trading at around $690 before taking off last Saturday, reaching $720 according to Bitcoin Average. Correspondingly on Oct. 31, Bitcoin fell below $700, only to rebound strongly yesterday, swelling to over $745.

Then the bottom fell out, as a free fall began, bringing Bitcoin price to the position it was at one week ago, losing 8% of its value. What is the cause of these fluctuations? China is Bitcoin’s epicenter and this leveling out of Bitcoin values may just be the beginning, as China has discovered this economic loophole and is beginning to plug this digital gap, potentially creating a market cap for Bitcoin speculators in the world’s number one Bitcoin market.

According to information obtained from ZeroHedge and Bloomberg Business, Chinese officials are considering introducing policies, including restricting domestic Bitcoin exchanges from moving the cryptocurrency to platforms outside the nation and imposing quotas on the amount of Bitcoins that can be sent abroad. This has largely been done to counter the rampant Chinese Yuan devaluations that have plagued 2016.

"Bitcoin has surged 21% since the end of September as the yuan’s decline accelerated, boosting speculation Chinese investors were buying the cryptocurrency as a hedge against further weakness,” according to Bloomberg Business.

Furthermore, Bloomberg sources state that:

“With the risk of quicker depreciation rising along with the odds of an impending U.S. interest-rate hike, policy makers are seeking to restrict outflow channels.”

It doesn’t take much to see that when the value of the Yuan, versus the U.S. Dollar, fall, Bitcoin transactions and price correspondingly rise. It appears that the People’s Bank of China and government officials have caught up and are beginning to implement countermeasures, although nothing has been enacted as of yet.

The Chinese economy has slowed from previously double-digit annual GDP growth, to its current position of which is half of that, with the government responding with Chinese Yuan currency devaluations and capital controls. Bitcoin has been seen as an effective counter by those who are looking to protect their wealth in the region, either traveling to Macau to purchase Bitcoin or using other offshore means, sometimes through Bitcoin exchanges.

Bitcoin price has since tripled over the last fourteen months, reflecting the economic policy changes in China to deal with the economic slowdown as well as the word-of-mouth about Bitcoin being an economic “safe haven.”
10  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 04:26:05 PM
Well we have a saying the more the merrier but i cant concentrate when there's so many things in my mind hahaha
11  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 04:13:31 PM
I would like to see one day a real game economy with the bitcoin currency. The game should provide will value to play it and have fun in the same time. The game should provide challenge, include crafting or you sell the stuff or trade with the other players.

Well, you can try make trades and lend some money on poloniex Wink If you have a good imagination, you can work with it like it was a game... You have a lot of options of altcoins to buy and sell and try to make some profit, btw you have to invest.

I havent try  trading i guess people who loves trading can make a lots money in it but im also busy due to many reasons .
12  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 04:02:01 PM
Yeah i hope that one day a game like that can be created.
13  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 03:54:35 PM
Just play CS GO or Team Fortress 2 and sell the loot outside Steam for cash or Bitcoins. By the way Steam allows buying of games with Bitcoins. And I like to play an offline game called a job where I can earn the cash so as to enjoy online games that I play just for fun   Grin

Haha i kinda know what you feel playing your favorite game while earning money.
Its like hitting two birds in one stone  Grin
14  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 03:33:45 PM
Whoah seriously o.O !
Does dota 2 has giveaways also ? Shocked
15  Bitcoin / Bitcoin Discussion / Re: What's happening to bitcoin ? on: November 05, 2016, 03:25:03 PM
Yep right now im different methods to earn bitcoin im done investing and getting scammed
16  Economy / Service Discussion / Re: Online games that can earn bitcoin? on: November 05, 2016, 03:16:06 PM
I will try this thank you big help  Grin
17  Economy / Service Discussion / Online games that can earn bitcoin? on: November 05, 2016, 03:06:50 PM
Is there any game that can earn bitcoin in some way ?

Example games like dota 2,LOL  ,Ran any MMORPG games cause faucet games are kinda boring. I havent heard any gaming companies that introduce bitcoin as their type of currency for buy and sell even steam doesn't have them yet their still using dollars to sell their products i guess no gaming platform right now is using digital currency.

But if there is please inform me thanks Smiley Grin
18  Economy / Services / Re: Let's Think About the Future | Signature Campaign | (All Ranks Welcome) on: November 04, 2016, 05:17:41 PM
Your Username: justallen
Position to Apply: Newbie
Your Current Post Count: 9
Your BTC Address: 3FBV6Ufcr4dmrKpivbBm1XhaZ5ESnbja62

Let me join pls  Grin
19  Bitcoin / Bitcoin Discussion / Re: What's happening to bitcoin ? on: November 04, 2016, 04:05:47 PM
Lesson learned never invest in sketchy looking platforms that has no proof of their company .
20  Bitcoin / Bitcoin Discussion / Re: What's happening to bitcoin ? on: November 04, 2016, 10:23:41 AM
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

Saying they turn into a scam is wrong because they start as a scam since day #1 , most of them don't even have mining equipment even If they tell you otherwise. If you really want to invest then stick to trading or even better ... HODL your coins for long term.


Your right. I guess investing to a program that will be there for a long run is the way to go , maybe i'll try blogging or anything as long as its legimate.
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