seriously dude,100k/week?many people can got 0.005/week from faucet
Yeah it possible if u have a lot of refferal Not just a lot of referral but you should have a lot of active referrals and you must take care of them. Because once those active faucet claimers that are under your referral stopped on claiming by using your referral. Then your business and daily income will be affected, so just look for those referrals and build good relationship with them. To build good relationship with referrals (if possible), you need to give them some money back from your comission, otherwise it will be harder to have them as your referrals. If more faucets used the FreeBitco.in feature which allow us to share comission with referrals, it would be easier to get them. As most referrals are anonymous and you don't know them, it's hard to build relationship with them, an automate system would be very appreciated. That is a good way to get a good income from faucets (in this case, 0.001 BTC weekly). |
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Obviously there a lot of ways to answer this question but I want some smart views on what could legitimately hurt the future of Bitcoin or cryptos in general.
Technology:
-I am not a computer coder but could someone explain to me yes or no, is it possibly for a future technology like an advanced AI to crack the code for private keys in the future?
-Couldn't there also be a new form of crypto maybe ether, or maybe something more advanced to overtake Bitcoin at the top spot? It seems like there is still room for the decentralization of everything coin or something similar to be developed with characteristics that outshine everything on the market today.
-Or could something be developed outside of the crypto universe that makes this technology obsolete?
Government regulation:
-I am not as concerned about this topic due to the inability for governments to actually control the currency, basically a situation where sanctions could be imposed but they can't actually stop the overall process of transferring coins. Is this assumption wrong?
Governance within the block-chain:
-Ok so I am not going to pretend to know a lot about this subject but I believe we have a fork in August coming up which has a lot of people up in arms it seems. Why is this such a big deal?
-Miner Fees are pretty straight forward but doesn't seem devastating as a whole, is this wrong as well?
Well I guess I have more questions than insight, but I guess that is better than "Is Bitcoin going to $1000 tomorrow?" threads.
Jeezy
Theoretically it's possible to crack any security system as technology is infinity. Hackers upgrade their skills and systems, so the security defense must be upgrade too, always, to prevent the enemy technology be more advanced. If a new currency brings more features that people like, there is a high chance to have BTC replaced, but it takes time to happen and until now, Bitcoin rules, there isn't any AltCoin with real chances to replace BTC (at this moment). I can't imagine any kind of currency or asset being created outside of Crypto-Currency world now. Crypto-Currency is becoming the trend of the world, until something new appears, the Crypto trend must finish first. Even governments try stopping Bitcoin they can't, because people will use it on the "illegality", they will take the risks and continue using ad it's much more convenient than fiat. BTC is decentralized and pseudo anonymous, it's not so easy to stop. I hope there isn't any hardfork. Fees are expensive for me, nobody likes to waste money with fees and if it could be cheaper, would be amazing! |
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Even both being risky at gamble you dont know when to stop, while with an investment you do have set the budget you will put at risk, i do believe now its a good moment to make any project live, the sucess will be connected with the promotion and the quality.
With gambling and investment you can set your budget and i would not rather risk my money for gambling ,instead i would allot it for investment in a good project and it gives you the profit like no other investments and i am happy with the experiences i have. Both are risky but imo it would depend on what you have a better understanding of if you have skill or luck in gambling then you can get a profit from gambling then other users will see investing in other projects that promise to pay predefined profits after a certain period as a better choice to invest despite the risk of getting scammed. yeah both are risky but still depend on how you play or how will you work out with your money if you feel that you can have some edge with gambling better do so and enjoy while if you are thinking that investment can be helpful and profitable for you then i suggest to try it and enjoy as well. Both are definitely risky, but the purpose for me is different. I gamble because I enjoy it, trying my luck and sometimes or rarely win. Where as Trading/Investing is for earning money completely or partially depending upon myself. So they are nearly same regarding risk factor, investing is quite low in terms of risk though. If the house is legit, investment isn't risky, it's safe. Everyone knows the house makes profit on long term and as an investor you are at the house's side. Gamblers will play, make some fast profit, but their greedy doesn't allow them to quit gambling, they will continue playing until they lose all the money they made + the initial money they used to gamble. It's risky if the casino is unstrusted, as the house can run away with your money. |
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Hey mexican, do you think about adding a real Dice game on FaucetHub.io?
Backed by investors to build the bankroll of the house, working like other online casinos.
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It's an unpredictable roller coaster, impossible to know exactly if we go up or down, we have just supositions about the future of Bitcoin. I myself think even with highs and lows, BTC will keep going up on long term, this roller coaster doesn't come to the floor, it's going to the sky on long term and that is what matter for me.
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Hi guys again; I think some o fthem well know the the logic of mining coins, and some of you are not ! The difficulty increases every day, because of new players come to the market and add some more hash power to the entire system.. So there is only one big cake on the table, the pieces are going down , when the players come in. Therefore when we look for the mined coins, sometimes we will see the mined coins decrease , but sometimes when big movements of hash power between to coins (like from bitcoin to ether or litecoin etc) then the difficult rate is going down and you again earn much more coins. The syatem balance itself , but it is sure that, decreases casn be seen . On the other hand, why the coin prices increase too much for especially, there are too many reasons , which you already know that. The market gains steam , with the big players. Not in the mining area itself, alsa exchange opportinitues increase every day and some countries start to arrange regulations on the digital market for to make it legal. So, what is genesis mining offer: you rent a hashpower with a contract for a period. (i prefer 2 year contracts ) . Maybe most of you are young and want to double your coins in a short period işn the exchange markets. Since i was in the stock exchange in the last 30 years , sometimes i loose a lot of money and sometimes i win huge money. This is also not predictible for a long time basis. Somebody says in 2030 1 bitcoin will be hit : 500, 000 usd . Do you believe or not? Wht will be the reasons , people say this very unbelieveble price target? From my point of view: i try to explain this genesis 2 year contract options , what will be the benefit. First, you earn directly coins not in us dollars , and the plan is simple: keep them for a while, , suggest until 2020. (in july 2020, bitcoin reward was split again to half, and then the earnings will to be down to half) for today: i have 100 dolar in my bank account and bank gives me % 3 (maximum) and at the end of 2 year period it will be 106 usd! So, i am not eager as you, and decide to buy these contracts. Most people very optimistic, i agreee with you guys, tells too much profit , but since i am a pessimistic person, i made this calculation for myself: first of all, i coludnot buy and sell with fair prices (market prices) bitcoin in my country. There 300 usd difference buy-sell price in here on 1 bitcoin trade.. i bought 2 year etherium contract and made my worst calculations (today 1 ether:350 usd around) on it. i take 1 ether price = 100 usd for the next 2 years ! i use different algorithyms on the daily mining difficultness and use a formula every day earnings less than than the prior day ( today i earned 1, tomorrow 0.98, next day 0.,96) not this simple, i use complex formulas for the next two years and worst scenario. the result: ether price will be 100 usd for the next 2 years , and i cover my invest in 9 to 11 months, let's make it worse 1 year. (if the ether prices will be on average over 100 usd in the next year, i cover much more earlier) So, the first year, i expect only cover my investment and keep the all ether i earned. The second year i expect %70 profit (worst of worst scenario) at the end of the two year: i will have 170 usd, which is much much more than the bank gives 106 usd in return! So, if you are patient for one year, you wil make good profit in the second year. But if you want to earn much much more in exchange markets , good luck to you! it is of course possible.. Again, this plan needs patience, for whom not to play gamble . It has of course some risks, but to not to much like exchange. You always add new coins daily to your portfolio. i hope i can explain, why i choose this plan for myself.. At least if you want to make your own research please look at the genesis website and asks your questions to the customer service. here is the address and % 3 discount code again on your every purchases : https://www.genesis-mining.com/a/889405discount % 3 code: : hL7jEe regards. Bla, bla, bla... Everyone here knows the logic of the coins mineration, but only you think it's a good business. What ETH package have you boughten? Small, medium, large or custom plan, if so, how much $$ invested? You talk too much to obfuscate the fact you won't receive the same ETH amount after two years proportional to the amount of USD you could use to buy ETH today. Let's say, with $1000 you can buy 3 ETH today, but instead of buying it, you invested in Genesis Mining, so after two years you will have 2.5 ETH pricing $1500 total. You can say, "I made profit", yes, because the ETH price increased, but if you had held the 3 ETH, you would have $1800 profit. |
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Doesn't matter the platform you use to sell your goods. It can be a fiat marketplace site, but you can deal privately with the buyer for BTC and Crypto-Currencies. They send the money and you send the good.
At first point you will receive the payments in BTC proportionally to fiat, so the profit is the same... What changes here is the long term if you hold your BTCs from your earnings. The price will increase and the Bitcoins will become more valuable, better than keep the money in fiat.
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Hi Guys;
I think some of you donot like mining idea in general and then make the genesis criminal! Genesis now in the market over 3 years and with over 500, 000 customers . There mining fields and offers best plans in the sector..
Their plan, not work for the people who wants to be a millionere in a day or week.. Think that , you invest some money and buy a 2 years contract (best profitable in ether and altcoins) and
todays ratio's you have to cover your money back in 4-8 eight months, depends on the market prices stays same as today's. If the prices going higher, then you cover in more short time..
let's say, everything went very bad, you also lose your money in the exchange platforms too. But please sure that genesis pay you not in dollars, they pay in bitcoins or altcoins which you choose .
So, ater 8 month's (worst scenario) when you cover your own money back, you still have 16 month's more to earn bitcoins on daily basis.. You say 1 year cover time, than the next year your
all gains are your prifit in bitcoins, if you donot spend.
So, this is long term plan, who doesnot want to his money at a risk..
On the other hand, technology changes every day, and genesis follow the best equipment technology for being a major actor in this area..
% 3 discount for new customers: this is not a big event! this only make a small motivation to us , for to find new customers and nobody says here, today put 100 dollar, tomorrow multiples *3
this is not a scam or ponzy scheme, this is actual plan , who wants to get a fair profit ratio at the 2 two years end. But if you spend your coin, then blame no one!
the plan works , if you only collect and hold the coins in your hand. Please remember 2009-2010 and now where we are? 1000 bitcoin gets only 1 pizza in that times!
Ahh, come on, this is the worse investment for Bitcoins and Ethereum. You say it depends the market price of the currencies, because people only can make profit from this if the BTC and ETH price skyrocket while the investment is working. You never recover the same amount of coins you invested, that is worthless. Seems you know about it, so it's much better to just hold the coins than give to Genesis Mining, correct? |
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Dice game is the most popular gambling game, most gamblers play this game. An online casino without Dice doesn't have chances to make success. Good feature is to have low house edge, cheap withdraw fee, investment allowed, giveaways, special events (like lower house edge on weekend, 0 house edge for few hours...). Just some ideas, but keep in mind to run a casino isn't easy and there are too much competition on this area.
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As you know that you need to stop and leave the game? How can you feel this moment. I almost always lose their money because they can't learn when to leave the game. I'm not sorry to lose. I have a lot of money not to lose, but I can't keep the winnings if I'm lucky.
The perfect time to leave the game is when you win atleast once wether you get profit when you deduct your lose or not. For this reason, you'll not be able to blame yourself that you should've be decent to your profit. That's definitely true. A gambler should not wait himself to be defeated by the house edge in order to leave the game. A decent profit in winning a game is enough than risking your money more where in the probability of winning is less. If the gambler achieved some percentage of profit, it's definitely time to leave the game, it's important to don't try doubling or tripling the bankroll, because it increases the risk of losing a lot. But sometimes we are too unlucky that even before the first percentage of profit the long streak comes and we lose our money... When this happen you need to choose leaving the game without money or almost without money. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
People have their own opinion. We can't force them to like something that they don't even like. Just respect them and try to avoid talking bitcoin infront of them. They have the right to have their own opinion, but they should open their mind about Crypto-Currency, at least give a chance to be convinced by someone how good can be Bitcoin for the own financial life. If even after a long talk about Crypto-Currency this person continues reluctant in accepting the benefits of the virtual currencies, it's better to stop the conversation and to don't waste your time anymore... But in the future I'm sure people who doesn't like Bitcoin will regret about their decisions in the past. |
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There was similar topic few months ago and I am not buying this 0% edge story.
Casino is making profit because of that edge, if there is no edge than casino won't make profit.
Answer is in ann thread: black jack & sport bets. So, it's not 0% after all.
It's possible to have a zero house edge casino if it's a PVP casino (player versus player). All the money goes from one or another gambler, but this way the house won't make profit, so it's hard to know if someone would spend time running a service like this, making profit only from withdraws and maybe deposits. But for gamblers it would be a different concept of online gambling. |
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All the BTC ads networks will attract faucet users as these banners are being most used in faucet sites...
Is it possible to promote casino affiliate links at PTC sites? If so, this is a cheap advertisement and can bring some referrals for you. Like the faucet users, but who knows... Maybe few of them can make some profit for you.
Impossible to say with sure, you need to test and see the result.
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I can tell you based on my only experience only. These sites asking for retweets are like faucets, the rewards are too low... It's still possible to make money with Twitter, but it's better to offer your service to someone who wants to advertise their service (only if you have an interesting twitter account with many Crypto followers), or just check the Services section hoping to find Twitter advertisement job there, as was said above.
The profit is surely nice and worth a lot for the task difficulty.
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I don't think so. Banking system isn't behind the Crypto-Currency world, it doesn't make sense, because banks are losing money and customers when people adopt Crypto-Currency. They could try to control Bitcoin and Altcoins, and it's possible, they just need to hold a big amount of these currencies and they can make the market movements as they wish.
The question is, are they trying to destroy Crypto-Currency or to control it?
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market prices of bitcoin is now very high and still it is on increasing .keeping your bitcoin for your bright future is really a good option today so keep your bitcoin till its most high marking prices it is now hoped that it will increase to some more extent in a very few years so saving bitcoin is no doubt is a good choice.
That is true, the chances of BTC increase its price on near future is very high, it's a real good business to hold it with all your strength and I believe you don't need to hold it for few years, of course the profit would be higher, but holding for months worth too. Some people want a fast profit, and to hold for months or one year maximum can return you a nice percentage over the initial investment in fiat. |
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It would be nice, but probably won't work as there isn't enough ads income to cover your expenses with 400 satoshis payments every 6 hours to everyone. As I'm seeing, faucet owners are creating faucets with small time interval between claims, and offering low rewards, seems this is the only way they found to make it work.
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