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81  Other / Politics & Society / Re: So.. Chase shutdown my College Checking account on: July 10, 2014, 01:14:00 AM
Are you using Coinbase too much to buy Bitcoin or is this something entirely different? I'm not really getting a feel for why they perked their eyes up as much.

I do a bit of coinbase, quickpay.

They also closed my Uncle's account last year. He's in the oil industry.



Your uncle also having a lot of bitcoin transaction?
82  Other / Beginners & Help / Re: Tips on how to explain Bitcoin to a complete noob? on: July 10, 2014, 01:11:29 AM
Okay, so a relative of mine who has never heard of Bitcoin in her life was asking me exactly how it worked. I tried explaining, but I'm not entirely sure she got it (or she was just refusing to comprehend what I was saying -- she does that sometimes). I suppose I could show her a few of the same videos I watched when I first heard about Bitcoin, but I'm not even sure she'd even really watch them. Any tips, guys?

Show him the bitcoin video first then only explain, it should be easier.
83  Other / Beginners & Help / Re: BTC-E Account All Coins Stolen on: July 10, 2014, 01:09:58 AM
Nowadays 2fa is a must, unless you can make sure that your password is only used on BTC-E and no where else.
84  Other / Beginners & Help / Re: USB Miners on: July 10, 2014, 01:08:35 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. Smiley

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.

Agree, you will get much more bitcoin selling the USB miners and buying BTC directly.
85  Other / Off-topic / Re: feel like resigning cause my office environment is not smoking friendly on: July 10, 2014, 01:07:06 AM
My office I m smoker and the ladies sometimes will hint me don't smoke cause very smelly when I come back to the office .

You should stop smoking. You waste your health and money.
86  Other / Off-topic / Re: My 18th birthday (need to earn money) on: July 09, 2014, 03:08:32 PM
My 18th birthday is on 12th November

As I calculate, it's going to cost me around 500$


So I need to earn that much money in these 4 months

Any ideas how I could do this?

Help appreciated Cheesy

What type of party cost so much?
87  Bitcoin / Mining speculation / Re: What hardware would be best for a hobbyist? on: July 09, 2014, 02:47:36 PM
USB miner just for fun. Please take note you won't make any money out of it.
88  Alternate cryptocurrencies / Altcoin Discussion / Re: The end of Mintpal - Which exchange will be the new leader? on: July 09, 2014, 02:11:02 PM
Mintpal is a good place to do some trading, they will delete those non-active coins once in a while so it should be good Smiley
89  Bitcoin / Mining speculation / Re: Bitcoin difficulty may actually go down in ~7 days! on: July 09, 2014, 02:00:02 PM
Was hoping for bitcoin difficulty to drop too, but unfortunately its dreaming..
90  Other / Beginners & Help / Re: USB Miners on: July 09, 2014, 01:46:30 PM
You can try your luck by mining BTC by solo, if you get one block, would be great

Please don't do that, its as good as gambling.
91  Other / Off-topic / Re: Should I play guild wars 2? on: July 09, 2014, 01:38:47 PM
I bought guild wars 2 right when it came out. I was very exited for it to come out. I played it a lot to begin with, but then it kind of got boring I think. I started playing WoW and I really liked it, there are things about each game that I like and dislike. I considering getting back into guild wars 2 though but Im not sure.

What are some fun things to do in-game?

I would play WoW, but it takes a lot of time, and I sold my logitech g13 which I feel like I need to play.

Guild war 2 is way better then WOW, just PVP is enough..
92  Alternate cryptocurrencies / Mining (Altcoins) / Re: GTX 750 ti OR GTX 750 on: July 09, 2014, 01:29:45 PM
750 ti is much better in term of mh/s and energy. So go for that..
93  Other / Off-topic / Re: I'm FREE! on: July 09, 2014, 01:23:40 PM
I left the sig campaign, so now I can actually post a bit more about what I actually think rather than being politically correct to not get hit with "omfg, he's spamming".

So, just saying, bitcointalk is making me a racist. ._.

Same here, no signature. But hoping to get one soon Smiley
94  Other / Off-topic / Re: Who is the winner of World Cup 2014 on: July 09, 2014, 01:16:36 PM
Nooo, where is brazil!!!
95  Other / Off-topic / Re: The dumbest financial mistake you ever made on: July 09, 2014, 12:43:25 PM
Not saving more enough for investment..
96  Alternate cryptocurrencies / Pools (Altcoins) / Re: [POOL][Scrypt][Scrypt-N][X11][X13] Profit switching pool - wafflepool.com on: July 08, 2014, 11:38:08 AM
Profit is really low lately...
97  Other / Off-topic / Re: Post your Total time logged into Bitcointalk on: July 08, 2014, 11:16:23 AM
Total time logged in: 37 minutes.
98  Economy / Speculation / Re: Are you an optimist or pessimist after the auction? on: July 07, 2014, 03:37:40 PM
Optimist, there is no more bad news other then mtgox and banning.
99  Alternate cryptocurrencies / Mining (Altcoins) / Re: alt to start mining on: July 07, 2014, 03:29:50 PM
Hello, I want to try CPU mining, so whats the best alt to start? how do you think?
Can I get profit from this?

PS want to hear your opinion, not only advertising of your coins

Darkcoin... x11 algo
100  Other / Beginners & Help / Re: New to Bitcoins and mining, need help on: November 08, 2013, 12:47:40 PM
Hi,

I'm currently saving up for a specific goal, mining bitcoins. I've seen the recent gains in bitcoin value, and I've been interested in them since I last found out about them about a year ago. I never got into mining them because it seemed a bit complicated and expensive. Recently I was perusing Butterlfylabs site, and I saw that they offer bitcoin mining contracts. I was very intrigued. This eliminates the hassle of setting up a machine yourself and the hassles thereof. It also means that, upon termination of the mining contract, I can buy a new one which will undoubtedly be at a lower cost per gh/s (given the advancement in their own technology after a year). Makes sense to me. I know they take a substantial cut, but that seems worth it.

Now what I need help with, is why this seems too good to be true. I'm no fool, at least I hope I'm not. I'm asking this so you can poke holes in my logic and identify where I'm going wrong, because this can't be true. I'm using http://www.bitcoinx.com/profit/ this calculator to assist me.

The figures:

$1,000 in mining contracts from butterlfylabs, at $10,83 per gh/s.

Given the above, that's 92 gh/s.

No electricity costs.

Difficulty of 510,929,738 at the moment.

Profitability decline per year of 0.61 (I assume this is factoring in increase in difficulty please correct me if I'm wrong).

bitcoin value at $296 USD.

With these numbers, the calculator says I will make $6,728 a year in profit. Again, this seems way too good to be true. What am I missing here? What's the catch? I know bitcoins could crash in value, but it seems like a fairly minor risk given the nature of the world's fiat currencies being inflated away.

Choose KNC instead of butterflylabs... do a search on butterflylabs scam and you will understand why Smiley
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