I'm literally waiting for someone to start pumping Shitcoin™ and PumpNDumpcoin™.
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And there is actually a Bitcoin Magazine in publication... If you are not a part of this OP, please GTFO or change your name.
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I really don't see what the point of making this thread was... Unless it's like someone said, that Mark K.'s law team has started some PR campaign trying to change public opinion... But yes, he is bad. This can be remarkably changed around after he returns everyone's "stolen" "property." < LOL at property.
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^ I'd be willing to try that too man, PM me.
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The math isn't that complicated. Sounds like the problem is with the public education system, not Bitcoin. Instead of dumbing down Bitcoin, perhaps the sheeple need to wisen up.
Seriously though, thank you. In my opinion BTC will hopefully bring about changes in the way people think about their government issued fiat currencies, and realize that they don't have to be dependent of that. But it is not for everybody. Seriously people, decimal places are Not that hard to understand... Why should we dumb down our system just to accommodate the ignorant masses?
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^ Indeed. VERY high volume with their trading, Very volatile most times. If you have experience trading, and patience, you can definitely make a nice profit. Especially if you have a decent amount of BTC to start with.
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Because they're hoping to have a ROI. They would if they would keep their minig power for life. Instead they resell it so the wheel always keeps turning!
Actually.... They will get much closer to/surpass their ROI by trading higher than they bought, instead of just hanging onto them. As time passes by, the amount you get for your GHs will slowly decrease. This is because of a couple different reasons, difficulty raises being a main reason. So right now I own 24.2 GHs at CEX, right now this gets me ~5000 Satoshis every time they solve a block. A year from now though, I imagine I would be getting little to nothing back from those 24.2 GHs unless I increase that amount. Most people are playing it like an exchange and the mining gh can just be viewed as interest
Exactly. And no trading fees = a Huge plus to trading there/mining there. Huge. And it doesn't hurt that GHash.io (their mining pool) has been killing it lately with getting the blocks. 38 blocks claimed by them just on 4/2/14. That number would be even higher if I went back a full 24 hours. https://blockchain.info/blocksAnd like I said, approx. 5000 Satoshi reward for my 24 GHs, multiplied by 38 blocks, = 0.0019 BTC added to my account just for today, so far. Much more than I could hope to make on faucets, and like it's been said - the dividends are just a plus, like interest.
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Is there anyway you would give a Jr. Member a chance? I am looking to start doing a signature campaign soon. If you give me a chance, I will post a minimum of 10 quality posts a day, in a diverse variety of the forum. Let me know please, thanks.
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^ What he said. Many people make Far more money trading GHs there than actually holding the GHs and receiving the dividends from mining. I personally do both, and have also made more from trading than holding. But their markets have very high volume it seems 24/7, your assets there are Very liquid at any given time (= being able to liquidate -sell- your assets and make the profit/cash out anytime needed). I personally enjoy being a member of that, the mining dividends I receive from just ~21 GHs right now is way more than I could make from faucets, and I fully enjoy the trading. Patience is key there. If you are looking for a cloud mining company that has more guaranteed returns and less chance, try bit-mining.co . 0% variance means you get your correct amount on the hour every hour. I hope this helped somebody, and if you want to sign up for CEX or bit-mining, feel free to PM me and grab my ref. link.
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http://www.dailydot.com/business/coinbase-api-hack-email-address-full-name/Saw this on Twitter when I was flipping through. How do you guys feel about this? Coinbase claims that they don't actually require users to use their real names when signing up. However though, I'm pretty damn sure I had to use my real name…. because I had to verify my bank account. Hmm. To me it seems like this "hacker" is just looking to squeeze some money out of Coinbase, who claims it wasn't even really a hack. This is not April Fools by the way.
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BRB gotta go sell my Mom's TV for more Crypto-meth Very nice logo design though.
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Girlfriend read this to me the other day. Well played by JP Morgan CEO for sure, although I don't respect his opposition to BTC.
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Count me in
1FeKQXb2xU9RUYEZnhuDdny3HzDAAzM1SM
Thanks!
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Where are the details about getting free weed for mining Dopecoin?
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You don't need $500 to buy some bitcoin. You can buy $20 worth, possibly even less than that at certain exchanges. There are many nice people on here that will help you out, but don't just ask for money man. That's not very original for a new user. Instead search for threads on how to earn some BTC, or check the thread on here with the list of the confirmed, trusted faucets. Good luck man, and welcome to the community.
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And is there any sort of CPU mining I could do just with a computer? As in Bitcoin but also Litecoin and other alt-coins. Is that possible? Even if it's not ideal or profitable, let me know please.
And in your opinion, if you were just getting into mining now, and had 1 BTC to spend on investing in mining gear, do you think it would be more profitable to go for mainly Bitcoin, like spending 1 BTC on a ~200 GHs Ant? Or would you invest your 1 BTC in buying mining gear for scrypt-mining?
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Thanks for all of the responses guys, sorry I've been absent in my own thread. But anyways, yes I am Definitely interested in mining. For fun, learning experiences, to be a part of history like one of you said, and for profit. Right now I only have approximately 0.45 BTC. I've looked at the Antminer like most of you suggested (if that is the one selling for 1 BTC and it's ~200 GHs). I'm definitely wanting to get one. But like I said, I only have 0.45 BTC, and no more fiat money to add (maybe some $$ here and there down the road to add, but for planning purposes, adding no more $$ into BTC). So in the meantime I plan on hopefully building up my BTC wallet by investing some of it into cloud mining, trading alt-coins on Cryptsy, and any other safe(ish) investment idea. Once I work up to around 1 bitcoin, I will consider buying the Antminer. Or I could sell that 1 bitcoin and buy an Ant. or a different alternative on eBay. Would it be cheaper for a novice like me to buy the individual parts and build a mining rig, rather than buying an Antminer? And one more question for now- I've heard someone refer to their 2 GHs USB miner as a lottery ticket. As in, they Might be the first to discover a block one day right, and get the 50 BTC reward? Is that why they refer to it as a lottery ticket? Because the chances of that are very low, but existent? Or is it something different? Thanks
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so recently I went on this CoinAd site and I got paid 0.11526mBTC what does that mean? is that equal to 0.11526BTC or is mBTC different
Thanks
That's micro bitcoins. 1 mBTC = .001 BTC. So your 0.11526 mBTC will be 0.00011526 BTC. I had the same experience with CoinAd. I was expecting more, but some is better than none huh?
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The site's back up. Although "My Account" and GHs/BTC trading pages aren't working right now...
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Hey, does anybody do cloud mining or trading at bit-mining.co? I'm asking because I just deposited 0.10 BTC (a third of my current BTC) to my account there. The transaction has been confirmed a few times, but when I checked the site it is down? All of the pages on that site are currently down. Hmm. I'm really hoping this isn't them packing up and leaving, especially because I just sent a third of my money there. Has anybody else had these issues? Has it been down before and if so how long?
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