Tailing you on a few of these. Let's see some winners 

You should have done some calculations before you jumped in because you won't even make your principle back on Cex.io unless you get some good trades done as the cost of GHs over there higher than the reward you'll get from mining. Your GHs will steadily mine less (as difficulty spikes) so you may need to sell when their high and buy back in later at a lower price (hopefully). I'm doubtful you'll actually make a profit off this, because you'll continually earn less and GHs value with drop (lose-lose situation). If you make a profit, my advice would be to run off like a bandit and be happy you managed to eek out a profit.

Depending on the luck of the miners it can vary, however in general it is ~10 minutes between blocks, so if your tx has enough priority it should take about 10 minutes to get a confirm. If you don't pay a fee, or your fee is too small it may take longer (or may never be confirmed) or if the miners are unlucky then it can take long possibly up to a hour or more between blocks (very rare though).

Deal with your debts first, you don't to have to worry daily about price spikes and falls in the value of BTC which will happen when you need to pay off a loan. I'm doubtful you'll see a use for BTC outside the semi-niche position it is in at the moment, although it may become more widespread in the coming years. My advice just enjoy your holiday with fiat.

It's secure so long as you take the necessary steps - everyone who has lost stuff has done so because of not taking the necessary precautionary measures (i.e 2FA, cold storage).

Overall, in the meantime read about Bitcoin and try to fully understand what it is and how it works. Read Satoshi's whitepaper - that's a good place to start.

US based exchanges though are always hit with random red-tape and hoops to jump through, plus as far as anonymity goes I'm not that comfortable with the government having access to any and all logs regarding user activity.

The moderators don't deal with shitty repetitive posts - they only remove spam and fairly obvious off topic responses which have no merit whatsoever. I don't see it as a big deal, most people tend to post better and more informative opinions after they had time to learn until then they're destined to make posts we consider rather stupid.

Actually, no. I'm going to give you this overly used infographic.


The problem comes from possible incorrect implementation of the various cryptographic primatives, or quantum computers breaking the algorithm itself rather than a bruteforce attack on every single known key. The chance of a collision is so low I'd say you'd be more likely to be able to win the lottery 5 times in a row than this occurring.

I know that but theymos requires you to be able to sign a message from an address that is associated with the account such that it is undeniable you own the account. If you want to get it back PM theymos and figure it out - I'm simply doubtful that you'll recover it without a verifiable address prove it.

Superman. Why even bother fighting against a guy immune to everything but kryptonite plus he can fly and shoot bloody lasers. Spidey sense be damned, Superman could just fly over and steal a nuke and detonate. End of story.

Send a PM to theymos although I'm pretty sure those details aren't going to cut it when it comes to proving you own the account. See this thread https://bitcointalk.org/index.php?topic=497545.0

Nah, it's all good. Pity I have to warn people about trust, this place wasn't so bad when it started - guess humanity took over and the scammers made this place home eh. Nice to see some good souls around here though

No problemo, just wanted to raise a point to help you realise that you should never be too trusting that's all. Not that anyone but you and me are reading this though lol. Too many long con scams over here.

My point was that this game doesn't prove much in terms of trust. Theoretically if I offered you a $USD 500 mill loan with no means of tracking you/getting the funds back and no repercussions to failing to payback, how many people do you think would actually pay back the loan let alone with interest as intended.

Now I'm not accusing you of being a scammer, simply stating like loans for the purpose of trust - they don't really verify someone's trust.

Just a small point, this simply proves to peope that you won't scam for 0.005 and not that there are members who are completely trustworthy. You statement I'm not going to 'throw away' this account simply highlights the fact that you value the trust on your account at a greater value than 0.005. However it does not prove that one can be trusted for far larger sums (ie 1 mill BTC). Basically what I'm trying to say is that 'trust' is only up to an extent of a certain monetary value - there are extremely few people who wouldn't throw away their morality for huge sums whereas most people would try to look honest when dealing with minute sums.

The time to mine BTC was back 3 years ago - so if you find a way to go back in time call me. Jokes aside, mining is best left to those crazy people who have the capital to try such a thing - at the moment it'll just net you a loss (break even if you have cheap electricity) and definitely not using GPUs. You want to use GPUs, go look into setting up a script farm with actual GPUs, not old crap from 10 years ago.

Read about it in a tech article in 2010. Wish I actually bothered to buy some then, wasn't sure whether it would actually get anywhere. Clearly it has, so better late than never.

Why JD and PD of course. Grow my little investment, make use of that +EV! On a serious note though, I've cut down my gambling significantly, in particular not playing -EV games anymore (not to mention I never had luck with dice sites anyways).

I'm pretty sure you're calculation is right Verge (although you could check it on any web mining calculator). The main reason for this is people hope that if they sell off their GHs, the mining profits and the sale will give them a net profit and hence from a pure mining standpoint you'll always lose money by mining there. It really just is a trading platform using GHs as a commodity which happens to have the ability to mine while constantly devaluating as a result of difficulty increases.

Sorry to say this, but I think you're a little too hopeful that Bit65 is actually going to do anything about this, he's already made his dash some months ago and has stopped responding to anyone - so it would be safe to assume he's sipping a martini on a random island. Tough lesson to learn is to never trust anyone - the worst scams have been the long cons.

Bitcoin is arguably not a 'good' investment depending on whether you take the short term or long term view. Short term wise there has always been significant volatility making it hard to judge when to get in or to get out. But as we have seen historically, every low following a high has been met with an even greater high and hence the people who bought when it was $2 have a great investment as of now.

I don't think there are any 'jobs' that would pay you a decent wage completely in Bitcoin, so if you don't like mining, investment would be the best option so long as your willing to sit down and hoard. That's how most of the users have gotten BTC - by buying them.