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The answer is yes, just not with the current bitcoin prices. It depends on the price of electricity where you live and the price of Bitcoin in the next months.
Let's say you bought a used S3 you'd be getting 0.147BTC a month ($40). This could turn into $45 or $50 if BTC keeps going up.
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I am going to get between $25-$50 worth of BTC in my signature campaign. I can't decide what to do with it. I could pick up a cheap miner, and mine the crap out of a new altcoin, I could offer loans, I could trade Altcoins, what should I do?
It depends. If you need reputation try the loans. If you treat mining as a hobby and have cheap power you could buy a miner. Maybe you just want to have some fun. Invite your friends for some beer and pizza. |
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Did you make this account to post this scam accusation? I understand you may be angry but your posts are not making the alleged scammer look bad but you.
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Surely not a commie, communism and socialism have already proven to be destructive.
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The most interesting games are the ones where you have the most variants and choices.
You're game would be boring and would probably work like slots with just a different layout and less options.
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I don't know why people are so excited about an auction they aren't taking part in. Not much happened after the previous ones and nothing will this time, you can go back to whatever you were doing.
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You're still going on about it? I thought it was over when Paycoin went to a couple USD instead of promised 20. It's been 3 months since that happened and people are still reacting like it's some frontpage news, trying to fill empty pages of their blogs with Garza this and Garza that. Last I heard Garza was not even in charge of the company and on vacation in Europe  Good try, Josh. Damn, you got me  Gotta go my I8 just finished charging. |
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I don't have enough to really spend and still not many companies use Bitcoin. I actually stopped using bitcoin altogether when I realised how easily a few rotten apples who are members of this site, made me realise that they use the trust system to abuse or insult other members.
You stopped using Bitcoin because of people on bitcointalk? You're too easily discouraged, bitcoin is much more than this forum. Reddit has a big community maybe you'll like them better  |
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So if Bitcoin goes to $1000 or $10000 and the dollar collapses at the same time all you'll be able to buy for $100 will be a burger. What then? will you feel rich owning a 10BTC, worth $1000?
From a different perspective if bitcoin goes mainstream all of us that own coins right now will be relatively rich.
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What? No bear pictures? Am I in the right thread?  |
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You're still going on about it? I thought it was over when Paycoin went to a couple USD instead of promised 20. It's been 3 months since that happened and people are still reacting like it's some frontpage news, trying to fill empty pages of their blogs with Garza this and Garza that. Last I heard Garza was not even in charge of the company and on vacation in Europe |
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A you surprised? Just check the electricity price and labour cost plus miners are manufactured there too.....
The electricity prices are low, but comparable to some other countries like Canada or India. Cheap labour might be the deciding factor here. It's nice to see they weren't deterred by tanking BTC prices in the recent months and kept their mines running. |
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hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh free Domain and free host
And a newbie OP. Some things never change... |
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Generally They hold them in 2 wallets.
First one is called "Hot wallet" which has 5-10% percent of all coins and this wallet used to send coins immediately.
Second one is called "Cold wallet" (also called as cold storage) which has 90-95% percent of all coins and this wallet's located on a computer is generally offline. To secure most of funds from hackers, this is why it's not connected to internet.
If the funds in the hot wallet is decreased they send coins from cold to hot wallet using a flash drive to secure this cold wallet. (They create a tx on the offline computer and tx is broadcasted via flash drive).
I doubt they realy have a cold wallet. The hot wallet will be funded by the gamblers, they take 90-95% out of it by echanging it to dollars and leave the rest for the lucky few that do need a payout of their winnings. I think you are right not all sites have cold wallet. May be just few sites look after the interest of the investors and they store their funds in safe place. Nothing is really safe (mtgox, bter) Gox and bter were most likely inside jobs. Karpeles is a mental child. He was too focused on writing code every day to notice his employees are emptying his pockets. |
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Lol, I wouldn't know because I can't make an account since I don't have a phone number I can give these guys. However, I want to emphasize that to withdrawal I want to move funds *into* my wallet, out of the bit-x company, not *out of* my wallet. In Bitcoin network, this is as easy as generating a transaction and propogating it on the network, on bit-x, who knows?
Good point. Normally when you're in a campaign the only risk you're taking is that OP will scam you and run with the money. With Bit-X you may also be scammed by the owner of the business, who can disable withdrawals. |
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I like to add something to the discussion about our selection process: If I am not mistaken, we are offering one of the highest rates in the industry. For this commitment, we expect to get eventually some of the best members around. We will continue building the campaign with quality participants. At the end, dadice want results and some spamming here and there wouldn't give us the results we are expecting. Of course we will not kick out recent participants, who have already been accepted and rather encourage them to post proper.
Unfortunately you are no longer the highest per post rated campaign  Of course not, I was expecting that  Let the games begin haha! Nice Marco, I like the constructive post idea  The main advantage of your campaign over Bit-x is it does not require phone verification. There are web services that allow you to circumvent this. IMO the main advantage is you're being paid directly to your address not through an account on their site. |
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I like to add something to the discussion about our selection process: If I am not mistaken, we are offering one of the highest rates in the industry. For this commitment, we expect to get eventually some of the best members around. We will continue building the campaign with quality participants. At the end, dadice want results and some spamming here and there wouldn't give us the results we are expecting. Of course we will not kick out recent participants, who have already been accepted and rather encourage them to post proper.
Are those people listed here accepted? I'm asking because I haven't seen an update and only 4 members were marked as accepted in this post. https://bitcointalk.org/index.php?topic=973949.msg10644769#msg10644769There's been a discussion about inconsistency. I hope this is not an issue as long as the quality remains good. |
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The article is quite good because it's not biased like some opinions you usually read in mainstream media.
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This is the best pump since Coinbase in January. I hope it won't end like that one.
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