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541  Other / Beginners & Help / Re: How much Bitcoin would you like to have at the end of 2015? on: July 29, 2014, 03:54:32 PM
It depends on how accepted it is. If more and more merchants continue to accept it, there will be no reason to keep most of my dollars, and thus I'll have a few more Bitcoins by that time.
542  Other / Beginners & Help / Re: Bitcoin. Is. Awesome! on: July 29, 2014, 03:51:43 PM
Being a BitcoinMillionaire wouldn't even be possible without bitcoin! Man it has indeed changed my life!

I call bullshit, having PrimeDice in your signature shows that you are broke!
Prove me wrong: show a loaded wallet address, with a signed message to that address.


Keen observation.

Even the minimum wage pay more than any signature campaign.


Even so, it would be silly not to accumulate free mBTC if you would have posted anyway Tongue
543  Other / Beginners & Help / Re: General Advice to someone new on: July 29, 2014, 03:49:44 PM
I am new to Bitcoin's and looking to get into them.  What is the main advice you wish someone would have told you when you started with Bitcoins?

Do not go into mining, you would regret..

Unless you mine with your main objective being to keep Bitcoin's network secure and decentralized; these kind of miners are important, or in the near future ASIC companies will represent the vast majority of Bitcoin's hashrate.
544  Other / Beginners & Help / Re: Getting paid for signature space? on: July 29, 2014, 03:46:46 PM
I agree that if you are posting a lot anyway then you might as well get paid a little and help a Bitcoin business get a lot of traffic and people using their service.

Yeah, people were posting a lot before paid signatures became common.
545  Other / Beginners & Help / Re: Getting paid for signature space? on: July 29, 2014, 03:31:41 PM
I'll get my sig done soon, it dosent pay much but if your already posting then you might as well earn btc for it.

It isn't fully right, since you can easily earn 0.1 by posting only 50 post a month, you can get that much by spending a few minutes on this forum per day. Also, if you post a lot more, try pay per post campaigns as they pay more for each post. If you do not have a job, you can earn a small amount by just posting on this forum. I don't see this can be a bad choice.

It used to be like that, but now the caps for those pay-per-post campaigns are much lower than before.
For example, the cap for PD sig payment was 2.4 btc per month and it is now just 400 posts per month.
And IIRC, Stunna said the campaign will no longer be pay-per-post next period.

0.4 BTC per month for full members is still a lot for simply posting on a forum; no other online community does that. Besides, it's very hard to post more than 400 constructive posts per month, those who made more than that are likely to have included a considerable number of unconstructive posts.
546  Economy / Services / Re: [PrimeDice] [Highest Paid Signature] Earn Bitcoins Simply By Posting on: July 29, 2014, 03:08:41 PM
Hi,

I'm finally a full member - would it please be possible to join this now? Smiley

Many thanks

Actually, you're only a member. You need more than 120 activity before you become a full member.

You can still join the campaign though, just search the original post for the enrollment form Smiley
547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 26, 2014, 10:11:59 PM
Miners, be aware; the pool SimpleDoge is giving 2% bonus on every blocks for the next few days!

(I'm not a miner) How can they honestly give that bonus, they take a temporary loss to attract new people, is that the deal?

There's only 200 Mh/s on that pool, so that gives them a nice publicity for a low price.
548  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available on: July 26, 2014, 06:42:37 PM
Miners, be aware; the pool SimpleDoge is giving 2% bonus on every blocks for the next few days!
549  Other / Meta / Re: I can't post anything on: July 25, 2014, 02:55:02 PM
It keeps saying the last message sent from your IP was less than 360 seconds ago. OVER. And OVER. AND OVER. AGAIN.

After a week or two of regular posting, this limitation will start going away.

This is to reduce the amount of spam posts by new accounts.
550  Other / Beginners & Help / Re: Why is 51% the magic number for attacks? on: July 25, 2014, 02:53:37 PM
Wouldn't someone be able to attack the network with only 40% of the hashpower, and he'd only need more luck?

And why do everyone seem to assume that as soon as anyone have 51% of the hashpower, he can do whatever he want; wouldn't he still only have about 2% chance of solving 6 blocks in a row?

The magic is in more than half.
51% is not precise: this should be "more than 50%"

But isn't 48% almost as dangerous? When ghash was bigger a few weeks ago, it seems like people were considering 50% to be the critical point that needed to be reached before they did anything bad.

48% is a lot, but it's not more than half. It's not likely that something would happen, as miners want to gain the most profits - so they want bitcoin stays alive.


Sure, but my question was; is there anything that someone with 51% of the network can do that someone with 49% of it can't?
551  Other / Off-topic / Re: What do you like to spend your bitcoins on? on: July 25, 2014, 02:51:48 PM
xbox

You can already buy them with Bitcoins on Overstock: http://www.overstock.com/Xbox-360/27157/static.html
552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PPC] PPCoin Released! - First Long-Term Energy-Efficient Crypto-Currency on: July 25, 2014, 02:50:12 PM
I cannot seem to find an answer to this question.

Once you receive PPC into your wallet, you leave it open 24/7 and do not move those coins. How soon do you start getting dividends or known as minting?

3 days / 30 days? / 1 Year?

The coins have accumulated enough coin-age to start minting after 30 days. Before that, there's no reason to leave the wallet open.

The longer the coins have been kept in wallet, the more chances you have of finding a block. The maximum coin age is one year; if you leave the wallet open (and unlocked for minting) in the few days before it has been a year, you are very likely of finding a block.
553  Other / Beginners & Help / Re: 51% problem still existant after all coins have been mined ? on: July 25, 2014, 02:35:25 PM
Since this will be in more than 50 years, many events can happen to make Bitcoin secure even though there are no block rewards to incencitive miners.

Bitcoin could become widespread enough for mining to be sustainable with transaction feess, or perhaps in 40 years it will switch to PoS v.24 or something like this Wink

There are many other CryptoCurrencies that will finish coin generation soon.... How will they be able to work then if they are that vulnerable ?

All altcoins I know which have finished coin generation use PoS, so no mining is needed.

Is not needed means not possible anymore ?
Because if itīs possible a 51% attack would still be possible.

Actually no, it's impossible to mine a PoS coin.
Blocks are generated by coin-age consumption.
554  Other / Meta / Re: About the watchlist on: July 25, 2014, 02:14:00 PM
You could just use Show new replies to your posts if you've posted in the thread and there's new replies. I just use that.

The disadvantage is that there's no way (as far as I know) to remove posts from that category. So after a few months of regularly posting, this can become quite cluttered.
555  Other / Beginners & Help / Re: Why is 51% the magic number for attacks? on: July 25, 2014, 02:12:19 PM
Wouldn't someone be able to attack the network with only 40% of the hashpower, and he'd only need more luck?

And why do everyone seem to assume that as soon as anyone have 51% of the hashpower, he can do whatever he want; wouldn't he still only have about 2% chance of solving 6 blocks in a row?

The magic is in more than half.
51% is not precise: this should be "more than 50%"

But isn't 48% almost as dangerous? When ghash was bigger a few weeks ago, it seems like people were considering 50% to be the critical point that needed to be reached before they did anything bad.
556  Other / Beginners & Help / Re: 51% problem still existant after all coins have been mined ? on: July 25, 2014, 01:36:55 PM
Since this will be in more than 50 years, many events can happen to make Bitcoin secure even though there are no block rewards to incencitive miners.

Bitcoin could become widespread enough for mining to be sustainable with transaction feess, or perhaps in 40 years it will switch to PoS v.24 or something like this Wink

There are many other CryptoCurrencies that will finish coin generation soon.... How will they be able to work then if they are that vulnerable ?

All altcoins I know which have finished coin generation use PoS, so no mining is needed.
557  Other / Meta / Re: About the watchlist on: July 25, 2014, 01:35:06 PM
When you put a topic in your watchlist, you can then, in "Edit watchlist" which you can find at the top left of the Watchlist section, see all the topics which you have watched in the past even if there is no new reply.
558  Other / Beginners & Help / Why is 51% the magic number for attacks? on: July 25, 2014, 01:32:31 PM
Wouldn't someone be able to attack the network with only 40% of the hashpower, and he'd only need more luck?

And why do everyone seem to assume that as soon as anyone have 51% of the hashpower, he can do whatever he want; wouldn't he still only have about 2% chance of solving 6 blocks in a row?
559  Other / Off-topic / Re: What do you like to spend your bitcoins on? on: July 25, 2014, 01:29:16 PM
It's easy to find xbox and playstation video games that we can buy with Bitcoins, but Wii U and 3DS games are quite harder to find.

I'd be interested in that.
560  Economy / Service Discussion / Re: Discussion about post quality for PRIMEDICE signature campaign. on: July 25, 2014, 01:07:25 PM
Probably not, I think the signature's style was changed a few months ago. Stunna would want it to be in the new style.

It should change soon anyways, with Prime Dice 3's release.
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