Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.
How have you achieved this? Have any post explaining it a bit more? Thanks I dont think that applies for bitcoin. He is talking about altcoins where you can hold on to the coins and the algorithm is POS(Proof of Stake) which sort of generates interest on the amount you are holding and grows it slowly. Thanks I know about of staking, and have tried it in the past ... but could not see much return of it (you need to have lots of coins, wait a lot of days, and meanwhile many coins lose value). I know it is kinda offtopic, but wanted to know his strategy (coins used, when does he trade them etc.). |
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although usually I ignore microguy's posts , this actually happened to us.
One of my associates' companies uses Coinbase for remittances... we got stuck with an
extra $3000 in Bitcoins. Not a biggie, but could have caused major problems
for people depending on the size of their purchase , their account balance and
other account obligations.
I almost replied "I do not think that is going to make much harm" but I saw your post while scrolling down... Did not consider it, for people with big transactions it may be a very big problem |
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If Bitcoin went offline tomorrow we would have to go to the altcoin forum section  1Q5AV8vb8cnK8zNfy6WbJez8PfLmZK5QgD |
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Come on guys this is wasting time. I would rather buy 0.5 BTC for $100 and save myself 6 months of faucets solving captchas. Then I would stick these 0.5 BTC in a cold storage and wait that 1 BTC goes through the roof.
And while you earn your $100... and wait that BTC rise....in some place, far away, someone will be fauceting  Yes, I understand your point, and your are quite right, if you have a job to get those $100. But many do not even have it. Why do not faucet for a month, then start trading and maybe have those $100 two months later? Or perhaps learning about faucets enough and running their own faucet? Not easy, but not impossible either. A faucet worker is the best person to run a faucet later. |
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So... it is Rocky IV now Core Stallone vs. XT Drago Nah ... It is clear that there is lots of Bitcoin interest in Russia (I find lots of faucets in Russian at least), but not likely that they pro XT for any reason. |
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If a bigger block affects microtransactions, that is really bad. I think that the ability of sending a fraction of a cent is one of the good things of Bitcoin (microearnings, crowdfunding by lots of people, etc). Is it really that so? Bigger blocks will hinder microtransactions?
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Proof of stake coins. I ve made a lot of money with staking, equality profitable as mining, much safer and much simpler.
How have you achieved this? Have any post explaining it a bit more? Thanks |
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Perhaps a public Internet access site may promote use of BTC with a campaign such as "Browse the internet for 1 hour, get half the cost back in BTC". Inmigrants (at least in Spain) use public Internet access sites and call centers a lot, and are always looking for the cheapest one. If for example, the owner offers half (or 25% the cost) back in BTC, and explains how to create a wallet, etc....it might work well. Then the owner could setup a faucet rotator (or other kind of referral profit) for the users and get referals from his own clients  , so he benefits of introducing people to Bitcoin. |
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I always like to imagine the day when we look at 1000 Satoshi in the same way we now look at this 1.00000000 in BTC value. If/when BTC does get mass adoption, then small faucet money now may be worth a fair bit more.
Faucets are a safe way to begin using BTC without any potential loss.
Good point. I know of a friend that is waiting for just that. Plus, you can optimize faucet claims by opening several faucets at the same time and claiming while others load, or having a selection of faucets with fast loading captchas (solvemedia typed captchas are a lot faster to load). You can also optimize more using some other altcoins.... many faucets are good but usually only 4 or 5 are really good and more worth the time. Taking other cryptos (litecoin, doge) into account, you can save some time on getting more value. All that takes work, but you can be a more professional fauceter optimizing all that. |
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Maybe if the fork finally comes to pass or there is no consensus people will go to litecoin. You never know ... markets are so strange.
It is true that it does not add much, but that might change if one team of developers is enthusiastic and strong and the other is not. Just maybe. Popularity is a big thing, and it favors Bitcoin.
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Seems like the stress test has ended now, transactions are going faster than yesterday at least.
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others think fauceting is not a good idea because at the end of the day, all you get is just a few satoshis but if you will try to get referrals, that's where you get get more satoshis in 1 day.
And which one is a good method to get referrals? A faucet rotator? banner campaigns? |
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Savings and as a way of earning income while I do my regular job (posting, faucets, trading ...)
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Donīt think that I will have the time to watch it, but it is nice to know such films as these are being made.
Anyone saw it already?
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Warning everyone and trying that other people do not get scammed is a good option. Also, seeing if you can join other scammed people to take some action.
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the crypto world never was intended to be what you still desire it to be. Correct me if i'm wrong, bt one must be "greedy or stupid to deal with Scrypt.cc." sounds like someone thinks that any form of Cryptocurrency is designed to be profitable. There is a thing out there that is profitable. It's called a JOB. Mabey you heard of it. I don't need one, 'cuz, you know I'm me. But if you wanted to make money, shoulda found a job, not crypto...
It is Scryptcc who talks about profitability that they do not give afterwards. Agree with the "Job" thing, but they are promising profits, and they are not providing them, so they are lying to steal people's money. |
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I agree to not retaliate. They are acting wrong, blocking lots of users (I have two transfers waiting for hours now), but we cannot fall in the same actios or it would be chaos.
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Have any of you ever heard of, or used BTC Mono? I know its a new company and I was wondering if it was legit or if anyone had any luck with it. The returns it promises are ridiculously high, which seemed like a red flag. http://btcmono.com/investment.cgiI have registered, put only 0.001 BTC, but still not reached my first cashout (need 0.0001). I agree that is risky and probably a ponzi, I have lost money on some of this sites, but in others I have managed to earn a little by depositing, holding the investment around 10 days and then cashing out the interest along with the initial deposit (normally they have a 5-7% fee for liberating a deposit). |
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Agree. The best would be that the developers took consensus as a number one priority, not being rigid in their own ideas.
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Litecoin can become slowly the "trading" altcoin. There is at least a trading site I know in which is much easier to move around using litecoin, as doing sells and buys in Bitcoin has a higher minimum.
I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.
Sure, there are other alts, but they do not have near the same popularity as litecoin.
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