Hi there i am new at forum but not new at bitcoin..
I am seeing that the difficulty of bitcoin is increasing very fastly .. well i want to know is there any way that the difficulty can be stopped growing?
I mean if the owner of bitcoin satoshi nakamoto can stop the increasing of difficulty of bitcoin or not?
And why it is going any good reason? i just know it increase because of mining..
No, no one can stop the increment of difficulty. The difficulty is adjusted every 2016 blocks based on the time it took to find the previous 2016 blocks. If the hashrates is lower, the time taken to generate a block is slower, if the hashrate is higher, the time taken will be faster. The target of the time taken is 10minutes, it will adjust accordingly based on the speed of block generation. In order to stop the difficulty from growing, you will have to stop people from operating new ASIC miners and for it to decrease, people would have to shut down their ASIC. The increment of Bitcoin difficulty and block time is built into the protocol itself, unless it is forked, it is not possible to change it. |
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I only use cryptsy since they trade quite some Altcoins.
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Why dafuq did none of you dumbasses use escrow
It takes quite some time to escrow a purchase, most people wouldn't like to take so much time and pay a small fee when their seller seems trusted. |
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It would pose some security risk, the forum was previously hacked because of this. Not sure if the community want to giveup their security for changing of avatar.
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I did contact them several times. Now it is 8th day.
I sent them all infos in blockchain. The payments before with same key went trough without problem.
Same problem has my friend.
They specifically warned you not to mine directly to the exchange wallet. They cannot detect transactions from freshly mined Bitcoins. |
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Given that the rolling are provably fair, you can hit 10000 in Freebitco.in but it would require a lot of rolls to achieve that.
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the average time for return of investment in lending to p2p sites like bitbond.net and BTCJam? i'm new to lending and needs advice/guide. Thanks!  If the lender defaults, you would have nowhere to claim them back. It comes with a lot of risk. However, the best is to spread your investments between a large amount of listing so if one defaults, you still can get some BTC back from another borrower who repaid their loan. The time of return depends on the interest rates and the amount of defaults and time for each loan. |
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freebitco.in do have very high house edge, even without house edge and you have a very very large bankroll, you will bankrupt in the long run unless you have unlimited bankroll.
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It is impossible to charge back on bitcoin. Since it is P2P, once you send something out, they cannot tell anyone that they didn't receive it and want it back. Once your BTC leave your wallet, it will be gone to the destination address immediately. Virwox cannot charge back on you since they are only an exchange and don't manage bitcoin transfers.
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Try using virwox, they may charge very high fees and you have to wait for 24 hours but that should be the best way to get BTC with that right now.
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not sure if this will help for feature dealings. But, I use Multipool, Cryptsy, and Cex.io. On MP and Cex I use the two step verification with my phone. so on MP I have it so I can click a button and it just uploads all my wallets into the site. With that you have a pin you need every time in order to change any information. could try that. At least it gives you some more layers of security but, with anything else it's not 100% safe but I would say it is at least 95% safe.
I don't believe that he was hacked from the pool but his wallet. The best is to make a cold storage. |
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Using a VPS for mining would be best on Brand New Coin launches. Since the diff will be low and you can deploy the instance rather quickly you should be able to rack out some coins pretty fast.
Sustained mining on a VPS is not really a good idea, you will either break even or loose your shirt.
The new coin might just be a pump and dump coin, most of the coin value would be very low. Your VPS provider will most probably terminate your VPS for taking too much resource. They would probably not terminate your current instances if you are current on your payments. They want more of their resources to be used. They may however limit your ability to use additional resources. Mine was terminated within 8hours of CPU usage of more than 80%. They would do this since you are affecting other people's resources. Mining is also against the TOS of a lot of vps providers. Isn't everyone's CPU resources separate from everyone elses when you have a VPS? Read: http://en.m.wikipedia.org/wiki/Virtual_private_server. It is still running on the same hardware node. The CPU will eventually be damaged after long hours of 100% CPU use. Unless you use dedicated server, they will block you to mine on VPS. If you are leasing a certain amount of HDD space, RAM and processing power there isn't any reason not to be able to use all of what you are leasing. That is kind of like saying that you lease 100 GB of HDD space and you get kicked off because you used up 95 GB of storage You are still sharing the CPU resources. You cannot peg the CPU at 100%. HDD and CPU is different if you use all your HDD, no one would care since it doesn't degrade their performance. However, if you are sharing a whole CPU and you get 1 core while the others get 1, and you use up 100% of that, their performance is still degraded. I have not looked into the TOS of VPS services that closely. I understand what you are saying that using up all of that core may degrade the rest of the CPU. What my point is that I fell that there is no reason why you shouldn't be able to use 100% of the resources that you are paying for. My agreement with the VPS provider is that I pay $x per hour for the use of "y" resources, if my usage for my "y" resources make it so others cannot use their service to their satisfaction then either their service is not appropriately priced or their setup is incorrect (using/leasing too high a percentage of total resources available). Generally, VPS aren't designed to host programs that uses too much CPU. I believe that your VPS provider should be able to detect the program that pegs too much CPU. It is pretty unfair to degrade other people performance for your own benefit. Especially when everyone is paying such a cheap price and you are using more percentage than others. VPS are in a shared CPU environment, you only get your own HDD, RAM and brandwidth, your CPU is shared among some others. Get a dedicated server if you need to mine. I don't think VPS mining would be profitable regardless, but I don't think what is "fair" should be considered. If your agreement says that you have access to "one core" then you should be able to use all the capacity of that "one core" If this kind of activity harms other users then the VPS provider should get additional CPU capacity (that is not leased) to make up for this degradation. Any rational consumer should choose an instance in which close to 100% of their CPU allocation would be used (along with their other resources, HDD, RAM, bandwidth, bandwidth usage limits) to avoid paying for something that they do not need. I don't think VPS providers actually limit your CPU allocation, you are using the whole CPU when mining. It isn't logical to charge the same price when he is buying even better hardware. If you say that the customer wants to use the whole CPU allocation, he should be buying a dedicated server, that is the only way to get your own CPU for yourself. |
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You could mine litcoins. they're the silver to bitcoin's gold i think gpu mining in litecoins is still relevant. but you need to invest a lot of money. IMO AMD has better cards than NVIDIA for mining. ASICs are being rapidly developed for Scrypt, GPU mining may not be profitable any longer. If you want to try out, you can buy some Litecoin ASICs and test it out, however, you might be not going to make ROI. |
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just be sure to make multiple back-ups of your wallets, preferably in multiple forms of media (e.g. paper wallet AND flash drive), and store them in *different* places. you wouldn't want all your back-ups in your house, and then your house burns down and..... poof. no more bitcoins for you.  Are you saying that I can make a digital backup (.wallet file) AND and physical backup (paper wallet) of the same wallet?? If so, how do you do it? Atm I'm inclined to make a multibit wallet, back up the wallet.dat file and the private keys to multiple USB-Sticks/SD-Cards and also send them my two best friends ... I don't really wanna use a paper wallet only, as I'm afraid that I'd lose them  Be sure to create them offline, reducing the chances of getting hacked. |
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1) Brand new account 2) Sending you a link for executable 3) My computer immediately detected it as a virus and deleted it.  Can OP delete the link before some newbies click on it? |
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SHA256 ASICs are hard to make a ROI these days. I suggest purchasing a scrypt miner instead.
Check out gawminers!
Since KNC, is coming out soon, even scrypt might be difficult to roi depending on shipping times. Better asics are also coming out to the market. |
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You have to be a Jnr Member or above to vote in polls now so it's a little bit harder to game.
And I'm not sure how this would work exactly. Are you saying somebody votes, leaves their btc addy and then gets paid for doing so?
Not much actually, some people farm accounts, its quite easy to get Jr member, only a 2 months wait. |
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I was wondering if there is anything like a Paid Poll on this Forum. Also, how much should be paid per vote? Thanks.
No, since users can create alt accounts and vote repeatedly, they can cheat the system, making the person who is paying lose money. |
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well everyone asks for collateral if someone have a stable coin why he dont go to exchange and exchange them and use .. it ..
And why they give someone 120% of the loan?
If the alt coin rises in values after you exchange it, you will not get the same amount of alt coins back. If you take out a loan during that period of time and the alt coin rises in values during the loan, once you repaid the loan, you can have it back. alt coins are generally unstable, in case the alt coin loses value, the 20% can cover the value lost if borrower decides to default. |
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You can verify PayPal using virtual credit cards. People can make verified PayPal accounts and use it to scam
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