Bitcoin is hardly to be saved in a bank accept it is exchanged in a local currency of the land. This means that you must exchange bitcoin to the value of the local currency before you can make a deposit in the bank. i think bitcoin is mainly installed in the bitcoin wallet.
Yes it's up to you as you can save bitcoin into bitcoin wallets like blockchain or coinbase i would suggest coinbase which is much simple and easy to use then once you have enough bitcoin then exchange it for your local currency from a trader at localbitcoin.com.
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The drop of the price is not so much to start to buy bitcoins. I am waiting for the fall under of 1000$ to buy couple mBTC, before that I will not even move.
Well I wonder if we ever see 3 digit mark again Not likely with the numbers we have been seeing this month so far. There is no way of bitcoin going back to 3 digit number again but most of the buyers will be expecting it as far as the number game is catching up i think $1000 is the minimum it could crash down even if crashes.
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see the current situation makes me think that this is not the right time to sell bitcoin. Well, bitcoin prices higher over time, may hold him in a long time, probably about 3 or 4 months will show satisfactory results.
In my thinking, If in this time, we want to sell the bitcoin, than could sell them, it is highest price of bitcoin $1226. But if we hold the bitcoin for a short time than also we gain profit from our bitcoin. SO it is our choice to sell them or to hold them. I think both are good ways. Bottom line is we just want to make profit in every decision we make, we sell of profit regardless of the amount then its good. We only hold if we believe we can maximize our profit as we predicted the price will still rise more. That sometimes will lead us to losing an opportunity to sell as holding without a valid justification will only show that we are too greedy. Yes indeed that's the bottom line as we look for profit in each and every step we take while buying bitcoin we want the price of bitcoin to be less and while selling the bitcoin we want the price of bitcoin to be sky high and practically it's not possible until we do a proper research and follow the market trend. I agree with you all we need is profit that's we we are hear spending our time and that's why people join signature campaign and it's human tendency he/she will always expect profit but bitcoin is so unique it's a test of our patience as i have seen in past where many user sell all of their bitcoin when there is a price drop but end up regretting later once it pumps up.
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I can easily believe that bitcoin won't be the one. While the conspiracy three letter agency/bank stuff doesn't turn me on, what could be a more perfect plan than planting the seed, prick the greed of a bunch of fractious techno weenies, let them do all the technical heavy lifting, kill it off themselves and then reap the technical benefits?
yes I am also easily believe that bitcoin and bitcoin ever have a future when will come problem about money ,goods ,else that time customer use bitcoin and he solve the problem and he also solve the problem even a future Of course! For me it's a yes that bitcoin should have a future. As of today the number of people who are using bitcoins are rapidly increasing and as the time passed by we will not be aware that bitcoin is very progressive and very helpful to others. Bitcoins future may have downs and problem but all I can say that any problems will solve by a solution. You got correct there might be some complications in future but bitcoin definitely have bright future as we have more number of bitcoin users now compared to what we had before 3 years and also more technology geeks are adopting bitcoin and i am sure bitcoin is the future of digital currency but the only challenge it will face is by the corrupt government of some countries who do not want their citizen to have control over their money.
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Apart from trading I don't see any trusted places to invest my bitcoins as there is great possibility that those sites will turn scam in future and will not give me regular returns in long term as I have made some losses in the past by investing in cloud mining sites and now I have learnt from my mistakes and will never repeat the same mistake again so if I have to multiply my bitcoins quick then I will choose only trading and nothing else.
Trading is the best place to invest bitcoin as of now and sorry to hear your bad experience with those scam sites who give returns only for few months then ran away with your money which most of the people fall prey but trading is the better choice as we will be aware of what we are doing but we need to mater the knowledge of market situation and bitcoin before entering trading because it's not everybody's cup of tea.
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Show them all the advantages that they can get om, and also try to make some studies on how they can manipulate the coin, on how the bitcoin generated to the market and so for sure if they got the bitcoin in good terms they will be into it.
Yes we need to highlight all the benefits of bitcoin to them that's the best way to encourage local business to use bitcoin and also if possible you can start your own business and start using bitcoin as a payment method so that other local business will automatically do a research about bitcoin and i am sure once someone is aware of benefits of bitcoin over the fiat currency surely they will go for bitcoin.
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I have updated your signature to my profile and wants to be a part of this campaign please give me this opportunity.
Account Details:
Username : sandor111 Number of posts : 858 Rank : Sr. Member Bitcoin Address : 15C8uDJ7b4xnyRakbpSzyXon18HWtmLDzj UID #: 42873
Kindly acknowledge me about the acceptance
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I want to join your campaign, Kindly acknowledge me about it.
Username: sandor111 Post Count: 857 Bitcoin Address: 1AMsjqzXQpRunxUmtn3xzQ5cMdhV7fmet2
Thanks in advance
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To start investing bitcoin you should hold it on your wallet and wait for the right time to sell, when the price is right and profitable enough for your invested amount holdings. Profit could wait and if you are having patience of any situation to follow on our daily lives, you will be successful in the future. So invest in a proper ways and don't be easily discourage, when the price will drop sometimes because it's normal in the market of btc.
Still are you thinking bitcoin is to hold in wallet itself. It may be foolish chap. Just check the rate its 1251$ now. Therefore, it is the best time to sell the bitcoins as my knowledge. After this March, we are going to see again the big dump in the price chart.
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There is nothing to support. Coin is done and those behind it have moved on. This 85% increase in the cpu miner just proves how crippled the miner was at launch.
I'm curious now. What was the nature of this "crippling" that allowed for such a large speedup? Can we see the change in source code? Or an explanation of how the computation is being done differently now? You can take a look at the commit: https://github.com/nicehash/cpuminer-multi/commit/57bd235705b5e4dce1af20b25ee60703c83cb899
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Awesome, nice tunes!
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Axiom is the coin to mine with CPU, much better efficiency than mining with GPU.
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For those looking for an even faster CPU miner; my improved miner is for sale for a small fee (limited offer). It is ~1.6x faster than Nicehash's AVX2 miner. Originally got 380H/s on Nicehash's miner, with the optimizations I am getting 620H/s. This is on a Xeon E5-1650v3.
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This one is not being used as a miner at the moment. I only made it, because of the claims that this algo is GPU resistant. Well... it is not and probably no matter what kind of algo they come out with, GPU will always have slight advantage over CPU. Simply because, it is better in parallel computations. And if you make single hash calculation very expensive so that it has hard times running on GPU, then even CPUs will struggle, not to mention older PCs with slower CPUs - that would render wallet not being useful anymore. GTX 980 Ti uses 200W (at wall) to produce ~1.3 kH/s. CPU using same power produces ~0.4 kH/s. GPU is therefore approx 3 times more efficient.Well my miner hashes at ~600H/s with E5-1650v3 @ 115W, that is pretty close to your efficiency. And will this miner be open to public or kept private? I'm not sure, all I know is that I want to get paid for the countless hours that went into optimizing the miner. Have you never profited from the countless hours of work that others have done in this "open source" relm of discovery and innovation? Can't say that I haven't, but that is beside the point. I have donated to a couple of miner devs in the past, as have some donated to me for my past work.
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This one is not being used as a miner at the moment. I only made it, because of the claims that this algo is GPU resistant. Well... it is not and probably no matter what kind of algo they come out with, GPU will always have slight advantage over CPU. Simply because, it is better in parallel computations. And if you make single hash calculation very expensive so that it has hard times running on GPU, then even CPUs will struggle, not to mention older PCs with slower CPUs - that would render wallet not being useful anymore. GTX 980 Ti uses 200W (at wall) to produce ~1.3 kH/s. CPU using same power produces ~0.4 kH/s. GPU is therefore approx 3 times more efficient.Well my miner hashes at ~600H/s with E5-1650v3 @ 115W, that is pretty close to your efficiency. And will this miner be open to public or kept private? I'm not sure, all I know is that I want to get paid for the countless hours that went into optimizing the miner.
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This one is not being used as a miner at the moment. I only made it, because of the claims that this algo is GPU resistant. Well... it is not and probably no matter what kind of algo they come out with, GPU will always have slight advantage over CPU. Simply because, it is better in parallel computations. And if you make single hash calculation very expensive so that it has hard times running on GPU, then even CPUs will struggle, not to mention older PCs with slower CPUs - that would render wallet not being useful anymore. GTX 980 Ti uses 200W (at wall) to produce ~1.3 kH/s. CPU using same power produces ~0.4 kH/s. GPU is therefore approx 3 times more efficient.Well my miner hashes at ~600H/s with E5-1650v3 @ 115W, that is pretty close to your efficiency.
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With a couple of tweaks I managed to get 420H/s (3.5x boost) on my custom 8-way shabal miner from 120H/s with original miner. What optimization flags are you using BTW?
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Price reduction. 1 BTC - 15-20% speed boosted CPU miner. Get it while it's still available. Exclusive sale - you can do whatever you want with the code, including selling it to other people, and I won't sell it again. PM me if interested. I don't know if Sandor's is real. Mine is. Now at 40 43% speed boost. Price is back up to 2BTC. Original, on i7-4770 (not overclocked): [2015-07-31 22:46:33] accepted: 3/3 (100.00%), 54.92 hash/s (yay!!!)
New: [2015-07-31 23:13:37] accepted: 3/3 (100.00%), 78.74 hash/s (yay!!!)
Please note that, as always, I'm very happy to open source these changes for that same amount. I'd just like to make sure I get back a bit of a return on the (now quite a bit of time) I spent playing with the miner. I'll stop advertising from here to avoid polluting the thread. Thanks for bearing with, and happy mining! Nice. Lemme guess; optimized with SSE4 instructions?
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We can put up a sizeable bounty for the GPU miner, so there is an incentive for the miner devs to release it. Let's say, 10 BTC?
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