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Hello, I'm the admin for MoneroForCash.com. MoneroForCash has been serving the crypto community since August of 2016. Although the site enabled buyers and sellers to trade Monero for cash, Money Orders, gift cards, etc., the site had a dated appearance and limited features. Reddit user https://www.reddit.com/u/tficharmers has graciously donated and designed an updated user interface for the site, and like before, no JavaScript is used, nor are traceable Ads or analytics. It's responsive and looks as good on your mobile as it does on your laptop. In addition to the updated design, the site now lets you set your Monero/fiat exchange rate to your desired fiat currency, and we also have added the ability to rate trades. And, as before, user funds are never stored on our site so it's impossible for us to steal your funds. Even if our site is hacked, your funds are safe since all trading is peer-to-peer. Additionally, we can't absolutely determine that you and another party completed a trade as a result of advertising on our site because we're not privy to any transaction details between users. Place an advert to buy Monero for free. Place an advert to sell Monero for cheap. No email or ID is needed to register. Check out our new site, and buy/sell Monero for cash or other assets.
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If I hold my BTC and wait until a month or so after the hard fork (if one occurs) before choosing a side, can my BTC then be transferred to the (possibly) new wallet without any loss of my current BTC?
I'm guessing that would be safer than trying to pick a side in the middle of a possible HF and then losing BTC if I pick the losing side.
EDIT: my goal is to keep all units of my BTC, not necessarily profiting from a split.
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The MB is Biostar A85W and everything worked fine until I took out the old cards and put this card in. I've tried putting the card in the two different PCI slots and resetting CMOS. In PCI slot 1 I get error 62, and in PCI slot 2 I get error "Ad". The system won't boot and the screen is black. Any ideas?
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The supply of circulating BTC is now less, at least for a month or possibly longer. Should not a decrease in available supply increase the price?
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Several years ago I used a Bitcoin miner from BitMinter that was written in Java, which is odd since almost every miner and coin software is written in C and/or C++.
I know that coin software written in Java won't be nearly as fast as C/C++, but are there any out there currently using Java as the main source?
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I'm more of a backend developer, so no matter which choice you pick, I welcome your suggestions.
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Buy and sell Monero person-to-person with cash, or through the mail with cash or money order, or by other means. We never hold XMR used in trades so it's impossible for us to steal it or for your funds to get hacked from our site. It's free to place an ad to buy XMR. To place an ad to sell XMR, it costs around $0.09 USD. Register on the site (no email required) with your bitcointalk username before 23:59pm 09 September, then PM me here to let me know you've registered and you'll get 2 free sell ads. Imposters will be deleted. If you're selling, you can choose to sell XMR at a fixed amount per USD, or at the floating exchange rate, or at a percentage added to the floating exchange rate. See the site and the FAQ page for more details. If you have a product or service and would like to advertise (not to be confused with an "ad," which is what buyers and sellers of XMR post on the site) please PM me.https://moneroForCash.com/index.phpHappy trading!
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People will forget/lose their wallet passwords. For some multisig wallets, some funds will never be released due to disagreements. Over time, the number of BTC in circulation will decrease because of these things. I don't want to use the word "risk" because this is more like an inevitability, but has a mitigation strategy been planned for this?
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I've read literally dozens of articles on Coindesk, Bitcoinmagazine, and other Bitcoin-related sites and they are inundated with articles about how X bank wants to start using blockchain technology.
But in all of those articles I couldn't find a decent explanation as to why a bank would want to use their own blockchain instead of using Bitcoin. For example, we know that a blockchain is made more secure if more independent nodes are in operation. So does the bank plan on setting up lots of their own nodes for their own blockchain, and/or making any person who wants to use their services do so through the person's own node? Neither of those sound like a good plan, but in all that I've read, nobody has explained why/how a bank would secure and use their own blockchain.
I'd appreciate anyone's answer, or a link to an article that explains this.
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Any XMR miners want to help me test my private pool? If so, please PM me for the pool info. I'll be up until 01:00 Eastern time. It should only take a few minutes. I just need you to point your hashes in my direction to see if the pool is accepting outside connections.
Thanks!
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The number of Bitcoin users continues to grow. However, the number of people who use Bitcoin or have even heard of it is still very low. Why? I believe that the number one reason why Bitcoin is still relatively unknown is due to a lack of marketing. Specifically, the lack of an ongoing, professional marketing campaign. Forget about the Core vs. XT issue for a moment. I'll address it at the bottom of this post. MasterCard, VISA, PayPal, etc. all have large marketing campaigns. They know that keeping their brand fresh in the mind of the public is vital to their ongoing success. Think about that. Even companies as well-known as MasterCard spend millions of dollars a year in order to boost their brand awareness. They wouldn't spend so much on marketing if it wasn't necessary. When's the last time you saw an ad for Bitcoin or for a Bitcoin service? Don't count the techie sites. The average Joe and Sally doesn't read those. It should be readily apparent that the average person rarely sees an ad featuring Bitcoin, and that is one of the biggest reasons why it hasn't been widely adopted. They don't even know about it, or have heard about it only in passing. Bitcoin Needs a Professional, Ongoing Marketing CampaignWithout it, the average non-technical person (and that's most people) has little chance of adopting Bitcoin any time soon. Bitcoin does not need an advertising campaign on par with MasterCard. But it does need an advertising campaign. Think of marketing the way MasterCard thinks of marketing: like an investment. Sure, it's an expense, but it results in an asset. Accountants call this asset “goodwill,” which is basically brand awareness. If they spend X on marketing, their return will more than make up for X. They will profit from the advertising. Marketing is indispensable. Who should spearhead the marketing campaign? It seems like the Bitcoin Foundation is best situated to set up an advertising fund and to hire a professional marketing firm. All of the Bitcoin Foundation members ( https://bitcoinfoundation.org/members/) stand to gain from a more widespread adoption of Bitcoin, as do you. They would be able to make substantial contributions toward such a campaign in addition to contributions by the rest of the Bitcoin community. If they were to establish such a fund to hire a professional marketing firm to launch an ad campaign, I would gladly contribute. You will want to contribute to this, and here's why: the more widely Bitcoin is adopted, the value of Bitcoin will increase due to its relative scarcity, not to mention its brand awareness and the numerous values it inherently possesses. If you and everyone here contributes even a small amount, that will go a long way to pay for a marketing campaign. Professional marketing companies should be used to reach TV, internet, and radio audiences. These firms will know how to reach the masses. That is what they do best, and we should leverage their expertise. I'd imagine that the target audience should be the average non-technical person, but I'd defer to the marketing experts. But what about the controversy of Core vs. XT?This is an internal difference that will be resolved by the majority. Either way, Bitcoin will still be around. I believe that this issue is largely responsible for the recent BTC price drop, but here's the key point to keep in mind: this debate is among a relatively small set of developers and users, not the general public. If the general public adopts BTC, they are not going to involve themselves in internal squabbles for the most part. They just want to use it as an inexpensive, safe way to send money. So if there is widespread adoption, internal differences will have much less of an affect on the value of BTC. What Needs to HappenI suggested that the Bitcoin Foundation spearhead the efforts of (1) setting up a campaign fund and (2) hiring a professional marketing firm, but any entity with the right resources can and should do this. I am asking for such an entity to take the lead on this to make these things happen. Bitcoin needs a marketing campaign. Until then, the masses won't know what they're missing. Disclosure: I am not involved in, employed by, or have anything to do with the marketing industry. I am just a Bitcoin advocate who sees the need for marketing.
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Let's say I have several wallet.dat files in a 2MB TrueCrypt vault. I'm somewhat sketchy on TrueCrypt's security, so if I encrypted the TrueCrypt file itself with: gpg -c --cipher-algo AES256 trueCryptFile.file ...does that pretty much guarantee that my wallets can't be cracked? - The wallet.dat files have a 20+ character password.
- The TrueCrypt vault has a different 20+ character password.
- The gpg passphrase has a different 20+ character password.
My intentions are to upload the the gpg-encrypted TrueCrypt vault to several different servers over sftp. There is some risk of someone getting the encrypted file, one of which is because the servers are VPSs. Please, let's not get into whether or not TrueCrypt is safe. All I know is that questions were raised but nobody has definitively proven it to be unsafe. I just want to know how hard it would be for someone to crack my wallet files given these 3 levels of encryption.
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It seems like there is a big demand for anonymity, and not just for nefarious purposes. The altcoins which offer anonymity, ranging from Anoncoin to the CryptoNote coins, have never really taken off. The ability to make anonymous transactions with any number of altcoins is available, but nobody seems to be using them on a sizable scale.
So, why do no altcoins which feature anonymity have a price over 10 USD? And why are they not more widely utilized? And please, let's not turn this into another "why X altcoin is better than Y altcoin" thread: I would just like to know why none of them have been widely utilized.
Disclosure: I have a handful of each of the CryptoNote coins and Anoncoins, but mainly use/invest in BTC.
Thanks for your opinions.
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Hello - I've been a light programmer for ~10 years, mostly as a hobby. I started with VB-6 and now mostly work with PHP. I'm starting to learn C.
I've downloaded the code for cgminer 4.5.0. Where do the files configure.ac, Makefile.am, and autogen.sh come from? Are they generated from an IDE?
I'm using CodeBlocks as the IDE on Win7 and Ubuntu14.04, if that factors in.
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It's an economic principle that almost always holds true: the more scarce something is, the more it is valued. Yes, there are other factors that go into making up the value of something (probably the greatest of the others is demand), but I don't want to get off topic. This is about scarcity, and from all of the hardware on which coins can be mined, which is the most scarce?
I would say that coins that can be mined only on CPUs are greatly undervalued since CPU mining is scarce. We all have CPUs, but most of us either don't use them to mine CPU-only based coins, or our CPUs are not very powerful. Any combination of those reasons still adds up to the same conclusion: CPU mining is scarce. This is a huge driver for value.
I remember almost 2 years ago when I started mining BTC, first on CPUs. Then GPU mining came en force, and people moved to those. The difficulty jumped. Then ASICs came out, and the difficulty jumped exponentially, and it still is doing so. The power of the ASICs keeps growing, and this makes them less scarce. I think one of the reasons why BTC value is staying where it is is because so many people have ASICs. In other words, it's not as scare as it used to be. I know BTC is released at a near-constant rate -- I'm a big fan of BTC, don't get me wrong -- and the difficulty helps to keep this in check, but I don't want to get off topic. This is about the scarcity and potential value of CPU-only coins, which are fairly well-protected against exponential difficult jumps.
You might be thinking, "but CPUs have low hash rates." True, but only relative to GPUs and ASICs. The fact remains: for coins that can be mined only with CPUs, they are inherently scarce, and this makes for great potential value.
Because of this, I firmly believe CPU-only coins will become much more valuable. Your thoughts?
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Let's say you're buying a $10 product online. And, let's say the price of 1 BTC is $1500 (we're not there yet, but if trends continue...)
If you use PayPal, the transaction fee in USD is ($0.35 + (0.029 * $10)) = $0.64 If you use Bitcoin, the transaction fee in USD is (0.0005 * $1500) = $0.75
If the price of BTC keeps rising (and I hope it does), soon even PayPal transaction fees will be cheaper than BTC transaction fees for lower priced items (under $20). This is not good for online merchants who want to use BTC.
I know the transaction fee can be lowered, but some will not want to do this as it could cause a delay in the transaction being mined. Has the BTC community thought of lowering the transaction fee if the price of BTC/$ gets high enough? And/or if the amount of BTC being transferred is under a certain amount?
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The ASIC devices have LED indicators which let you quickly see if the miner is up or down (solid=down, blinking=up).
Is there a cheap LED indicator I could use (or build, if it's relatively simple) with my GPU PC? I'm don't care about which interface it uses (USB, LAN, etc.). The rig has Xubuntu and cgminer.
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