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1721  Bitcoin / Bitcoin Discussion / Re: Bitcoin impacts? on: October 23, 2015, 01:53:40 AM
For you which could be the most important impact that bitcoin have made, will make or has been making to our society?

For the time being, its greatest impact in my view is opening new money-earning opportunities for people who earn money online. Faucets, forum posting, microjobs, investments etc. have multiplied due to bitcoin.
1722  Economy / Service Discussion / Re: How I Make $5,234Month With Bitcoin - No Trading & Mining on: October 23, 2015, 01:40:51 AM
I agree. Earning online is hard work. I guess he gets most of his Bitcoin by blogging. When you have lots of readers, you can get $ for ads or selling them courses. If you are in the money making blogging, then you also get lots of affiliates. I guess that is his secret, but requires writting, good marketing, ad and products optimizing... hard work as you say.
1723  Bitcoin / Bitcoin Discussion / Re: Can a transaction be stuck in limbo forever? on: October 23, 2015, 01:34:24 AM
What happens to the guy's money?
- It's still there on the process, worst case scenario it won't get sent to the receiver's address (happens with a very minimal chance)

Is it stuck.. for how long?
- For the mean time yes but eventually will go through and the time regarding it it depends on different cases I suppose

Can a transaction be unconfirmed for life? what then? scary.
- No, It can't and base on what I've seen on the forum, there were cases for few days and up to 2 weeks.

2 weeks would suck on a large transaction.... Even 2 days is unacceptable.  Plenty of people put 0 in fees, this will be a problem.

It's actually quite easy to do a double spend and to get your coins recovered and like that you don't have to wait for the transaction to get dropped or get confirmed.

Of course, to do this, you must be using a right wallet and follow simple explanations. Even the people using blockchain.info wallet that is by far the most used wallet be my the new people (unfortunately), can import their primate keys in another wallet that will allow them to do a double spend. All of this can be done in less than half an hour.

But if you do such double spend thing, what will happen with the first transaction? would be dropped, right?

1724  Economy / Speculation / Re: Will BTC reach $300 this month? on: October 22, 2015, 11:07:16 PM
I said it won't get to 300 but I was looking the BTC/EUR price LOL. Now I think that it really has possibilities of reaching that high. Go BTC!
1725  Economy / Speculation / Re: How many tickets did you buy for this plane? on: October 22, 2015, 11:04:55 PM
I have a small amount and have not a rush to sell them. Even if they were back to 100 it would not be a great loss, so I guess it is better to hold for me.

But reaching to 600 is more like a dream to me. Do not really expect that much.
1726  Economy / Micro Earnings / Re: [LITEFRESH.COM] BRAND NEW LITECOIN FAUCET on: October 22, 2015, 10:11:08 PM
I like your faucet a lot. So fast loading and "fresh" without many ads.

Payment is a little low, but that is reasonable as it is such a clean faucet. Congratulations.
1727  Economy / Speculation / Re: Gentlemen, i think it's safe to say we're the new halving elite on: October 21, 2015, 09:18:23 PM
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Too many people insta selling LTC for BTC for it to be looked at for a comparison.  BTC is sold for Fiat not alt coins it's a different animal.

Agree. Those two halvings cannot be compared in equal condicitions.

But I think that price is still to go up a bit due to the halving. Miners are likely to wait a little before getting hold of their Bitcoins yet.
1728  Economy / Speculation / Re: Will BTC reach $300 this month? on: October 21, 2015, 09:13:45 PM
I'm unsure if we can reach 300 by the end of the month. People always seem to dump as soon as we go past 300, it's almost a psychological SELL SELL SELL SELL SELL barrier.

It's definitely possible to breach 300 this month & I'll be very happy if it does. I'd rather get to 280 & go sideways for a bit though than get to 300 & see us dumped back to 240-250 again.

Quite agree with this. I do not expect it to get to 300 this month, but I think it will get to 300 before December. Halving shadow should begin to show, and some miners keeping their bitcoins.
1729  Economy / Speculation / Re: yay btc goes ~$250 ! on: October 21, 2015, 09:11:04 PM
Perhaps this will be a slowly raising price due to the halving next year, making for a soft raise, instead of going down and up abruptly...
1730  Bitcoin / Bitcoin Discussion / Re: What exactly is bitcoin halving? on: October 21, 2015, 08:58:27 PM
Finally an explanation for halving, I was asking about the same question LOL.

I guess if miners get half the reward, many would cease to mine also, which also will get the price up, and then they will start to mine again which will bring the price down? or I am making a mess?
1731  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: October 21, 2015, 05:14:14 PM
What is the daily profit percentage by cloudmining in this site? An estimate as of now will do.
1732  Economy / Micro Earnings / Re: check out this brand new rotator i built from scratch on: October 21, 2015, 05:12:35 PM
The "next" and "go back" buttons should be always visible in order to make navigation more comfortable. Other than that, thanks for the effort of putting up a rotator.
1733  Economy / Service Announcements / Re: The official information resource for BitFury Group on: October 21, 2015, 05:08:12 PM
We have published new research on the topic "Proof of Stake vs Proof of Work": http://bitfury.org/white-papers-research
You are welcome to read and comment this paper here

As an investor on both bit-x and POS coins, I am quite interested in reading this paper. However the link to it seems to be broken. Could you please fix it?

Thanks for providing such good info and papers.
1734  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: October 21, 2015, 05:02:21 PM
I am only enter the site from time to time now. Entered today and found the rewards halved again. Great.

I am really ashamed of having fallen to this scam, and thank God for not letting me lose 0.5 btc I was about to invest just before the "hacking" incident.

Hope to withdraw something someday. To tell the full truth, all withdrawals request have ended up reaching to my account sooner or later.
1735  Economy / Trading Discussion / Gift card trading services? on: October 21, 2015, 04:54:59 PM
Hello all

I am interested in finding about gift card for BTC trading services. I know about purse, where you can exchange your amazon gift cards for Bitcoin, but would like to know any similar services or operating on other cards (itunes gift cards etc)

1736  Economy / Trading Discussion / Re: Minimum to start on trading on: October 21, 2015, 04:52:09 PM
Trading is only a matter of patience. LOL.
"Trading is only a matter of patience. LOL." - LOL?

I would not recommend listening to that for successful trading. Patience is an important matter in real trading, yes. But in Altcoin trading, it is pure luck. The reason behind that is simple: Altcoins have such a low volume that your profit solely depends on single individuals, and if they're willing to move the coin into your direction.

Buying and selling Altcoins really has nothing to do with trading. It's gambling. And if you want to make money long term, I'd recommend using markets which have real volume, because then, you can spot trends and use them to profit.
So, recommended markets are generally LTC and upward (meaning in crypto, only BTC, plus traditional markets, such as Forex, Commodities, Stocks, Indices). It's also gambling to some extent, but you're not depending on where a small group of often crooked individuals want the market to move.

It takes time. Many traders take years until they become profitable traders who manage to scoop consistent money off of the markets.
If you want to keep (and maybe increase) your money, I'd recommend to stay away from Altcoins completely.


.edit: I lost thousands trading Altcoins, when I was "young" (in crypto experience terms). Did not have the experience I have now, and I misunderstood classic "stay the fuck away" signals (ongoing pumps) as "fomo in ASAP" signals. Glad it was no money I was depending on in any way.

Thanks a lot for your advice! The low volume/ gambling explanation really went deep on me.

Would help to know about what you mean with the "classic signals" I am such a newbie I don't even know about them.

1737  Economy / Exchanges / Re: Bitcoin debit card on: October 21, 2015, 04:46:46 PM
Is there any plans to make it available for Colombia at any time? would be good to have the possibility to try it.
1738  Bitcoin / Bitcoin Discussion / Re: Who really uses bitcoin? on: October 21, 2015, 04:26:58 PM
Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?

As far as I can see in my environment, the real users are those that use it as an investment / way to earn money. But as some other say, many of these people will use it to buy things if there were more shops and services offered.

The typical bitcoin user (again, from my limited perspective) is someone who invest on it. Either buying some from his wage and holding, or earning it online and investing /holding it.

Most people don't use it because they do not know about it. A few others, think it is risky. And other still find it too complicated to use at the moment (buying bitcoin with currency to use it, then not having much options to spend it).

1739  Economy / Service Discussion / Re: Bitcoin Group on: October 21, 2015, 04:22:09 PM
Did not know about it, thanks for sharing that.

In my opinion, there should be more reasons (other than arbitrage and mining) for joining the group. Both things are not really tangible services. Yes, they produce money and all, but nothing with "real" value. It would like investing in a company that only does forex trading and money printing (if that were possible) without producing any real good of services.

Not to say it is bad or cannot work to do so. But I prefer something more tangible for a big investment.
1740  Bitcoin / Bitcoin Discussion / Re: The blocksize issue: how about time limits? on: October 21, 2015, 04:12:43 PM
Blocksize raises seems like a good solution, though a temporal one. Then developers will have time to think about more creative or ultimate solutions.

Problem with blocksize is that, according to some, it is very urgent.
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