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1141  Alternate cryptocurrencies / Altcoin Discussion / How are some people making $11k on steem? on: July 16, 2016, 03:52:01 PM
Apparently website is down right now but when I checked earlier, some people had hit $2k and some even $11k?

how's that even possible? Even top bloggers don't make that much for one article online

and they had less than 500 upvotes, that comes out around $22/person.

then there are those who are making less than 0.02 cents and had 20 upvotes?


How is that even possible?

If an average user is paying 0.01 cents for something he likes, how can someone hit 11k with 500 upvotes?

It's still money, who pays $22 for one article because it's "helpful?"  Huh



1142  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Steem be the Next Bitcoin? on: July 14, 2016, 01:40:03 PM
I've been monitoring NEW content and surprisingly no one is getting paid. If you go in trending it seems like people are making money but nope. I bet people who're showing on trending are the same ones who're pumping this market.

It looks similar to twitter spam feed except it's not organized.

One can subscribe to RSS feed or Reddit and get the content they need so why would they use steem (which is filled with disorganized garbage content)? THEY WOULDN'T
1143  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Steemit.com: Blogging is the new Mining on: July 14, 2016, 12:57:19 PM
seems like only handful of people are earning anything  Huh everyone else is living pipe dream

Also, how do I upload my profile photo?
1144  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is lead shadow developer rhyno hotter then Jennifer Lawrence? Find out here. on: July 14, 2016, 11:22:00 AM
hot

jennifer lawrence

pick one
1145  Economy / Gambling discussion / Re: Best Gambling Site?! on: July 14, 2016, 10:41:10 AM
check my sign

1146  Economy / Gambling discussion / Re: The best way to quit gambling for good on: July 14, 2016, 10:38:45 AM
sell your house, car, tv, video games, computer and bet all of that on red (russian roulette).

If you win, rinse and repeat till you lose it all  Cheesy
1147  Economy / Gambling discussion / Re: Didn't know I can loss all without winning anything on: July 14, 2016, 10:36:38 AM
So I was a bit bored today and I thought to play slots to pass time.
I chose bitstarz since I already got an account in there and I deposited 0.02 btc. I began playing Hyde and Jekyl with 30 credits per bet and right then I lost all 0.02 btc without winning anything. I didn't thought I can loose in gambling consecutive times without winning in a single roll until what happened today.

I immediately regret playing slots.

Just wanted to share this stupidity of mine. I could've jut playe it in dice site. The result would have been the oter way around.

I've lost little over 5 BTC conseutive times (around 50 roll)

but I've won consecutive times too

Like this one time, I was on winning strike for little over 10 minutes. I won around 20 BTC during that time.

Welcome to Gambling
1148  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think of STEEM? on: July 14, 2016, 09:51:08 AM
Isn't that same thing as those Startcoin social website that was paying users?

It died after a while
1149  Bitcoin / Bitcoin Discussion / Crypsty speaks to media about lost fund on: July 11, 2016, 07:23:17 AM
His full answers to other New Times questions are included below:

New Times: Is the story you told about the July 2014 hack completely accurate? Was there anyone else who knew what happened besides you?

Paul Vernon: Yes. I was awoken the morning of the attack with alerts of moved funds from the safe wallets. The individual(s) who did it had been planning it for some time, as they had access into the system for awhile, possibly months. It was several wallets and not just bitcoin and litecoin. I shut down all wallets and immediately contacted the wallet manager "Mullick" and the systems admin to check to make sure it wasn't them. We then promptly met at the office to start investigating. It took us a couple weeks to determine what exactly happened.

If the company was having financial problems, how is it that you were able to make a $1.3 million cash purchase on the Delray home in March 2015?

In the first year of operation from May 2013 to May 2014 the company had revenues of close to $3m. During this period I was paid $1.1m via the regular payroll system, base salary + quarterly bonuses. The initial purchase and down payment for that home was in February 2014. I took a loan from the company for $600k to complete the purchase at a time when the company was still performing well.


You admitted in a divorce deposition in December 2015 that the money from the home came from Cryptsy. Care to elaborate?

I worked for Cryptsy, that's where the majority of my income derived from.

In several blog posts and interviews after the alleged hack, you continued to make assurances that things were OK. Did you feel bad doing this or did you actually think it would work itself out?

At the time, the company was still doing well enough to possibly recover. The plan was to use a portion of revenue to replenish the wallets. However, diminishing bitcoin price and volume turned out to not go in our favor.

In hindsight, do you regret not letting the users know what happened? Do you feel you betrayed them?

Of course. At the time I had two choices, disclose and shut down or try to continue running and reacquire user funds. Because we were doing well at the time, I attempted option #2.

Your wife Lorie has been added to the lawsuit as a defendant. Would you like to respond on her behalf or speak to the extent of her involvement with Cryptsy?

She is my ex-wife. She had no involvement with Cryptsy. I cannot respond on her behalf.

The lawyer who filed the lawsuit against you likened what you did to "robbing a bank." How do you respond?

He doesn't think the hack occurred, which is surprising to me since the ex-wallet manager is working with them and he knows all the details of what happened.

From 2013 to 2015, you converted Bitcoin to thousands of dollars a day on Coinbase. Where did those coins come from?

Cryptsy collected its revenue in Bitcoin, which in turn was converted into USD via Coinbase. This was the financial model we used.

1150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BRK] Breakout Chain | Bittrex ICO FINAL Hours | Multicurrencies + Free Poker on: July 08, 2016, 02:17:32 PM
I thought trading wasn't going to start for three more days as per bittrex  Angry

1151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BRK] Breakout Chain | Bittrex ICO FINAL Hours | Multicurrencies + Free Poker on: July 08, 2016, 02:54:03 AM
If anyone interested in buying, PM. selling 4500 tokens for 2.9 btc.

1152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BRK] Breakout Chain | Bittrex ICO 3 Days Left | Multicurrencies+Free Poker Live on: July 05, 2016, 01:22:25 PM
When can we trade?
1153  Alternate cryptocurrencies / Altcoin Discussion / Re: Exactly 1 day before the Bitcoin Halvening I am dumping all BTC into ETH on: June 20, 2016, 08:00:45 AM
smart man.

me too but 3 days before halving
1154  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should Ethereum and DAO be bought now? on: June 20, 2016, 07:57:54 AM
ETH will most likely go up after BTC halving. don't purchase before that unless you want to kill your profit.
1155  Alternate cryptocurrencies / Altcoin Discussion / Re: There was no DAO hack on: June 20, 2016, 07:55:22 AM
don't know why but I sold them right before it went haywire. feels good to be lucky
1156  Alternate cryptocurrencies / Altcoin Discussion / Re: Should you leave your Bitcoins? Or convert them to Ethereum? on: June 15, 2016, 01:53:02 PM
BTC is going sky high. Why would you invest it on something else and risk losing your investment?

hold brother. hold
1157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BRK] Breakout Chain | ICO LIVE Bittrex | Multicurrencies+Smart Contracts on: June 15, 2016, 01:51:30 PM
someone explain why it's so costly?

1 BRK = 0.86 BTC?


No, 1 share from the presale is 0.86 BTC (https://www.bittrex.com/crowdfund/brk)

Current prize is:

Current Price of Coin Sale

1 BRK = 0.0001932 BTC
1 BTC = 5175.0 BRK

Bittrex is selling at 0.86 BTC.... i need to change my signature Cheesy 20 BRK per week Cheesy





what you saw in bittrex is not BRK coin but BRK share
at normal price 1BTC= 1 BRK share , 1 BRK share = 4500 BRK coin
because of 15% bonus , till 20 june 1 BRK share = 0.86BTC

what you will recieve from signature campaign is BRK coin , not BRK share

read this for more info : http://breakoutjournal.com/coin-sale-pricing/

interesting. I will keep an eye on this.
1158  Alternate cryptocurrencies / Altcoin Discussion / Idea for new coin on: June 15, 2016, 01:11:02 PM
someone create this.

ICO coin. Peg it to $1

I'm surprised no one has done it (or may be they have?). Biggest issue with crowdfunding campaign is they take your BTC and hold it for whole month. As we all know BTC price isn't stable, you spend 1 BTC in crowdfunding, if BTC price goes down $50 in a month, you've already lost $50 even if price is same after campaign is over. If price goes down after campaign (that's usual business), now you've lost more money than you would've if you were using a coin that was pegged to straight up fiat.

1159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BRK] Breakout Chain | ICO LIVE Bittrex | Multicurrencies+Smart Contracts on: June 15, 2016, 09:40:03 AM
someone explain why it's so costly?

1 BRK = 0.86 BTC?
1160  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any good ICO recently? on: June 15, 2016, 09:29:48 AM
ICO

Good

pick one
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