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Economy / Scam Accusations / Re: bittrex is a scam website - AVOID!- WITH PROOF!!
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on: November 01, 2017, 05:56:12 PM
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This tin foil hat thread makes me laugh....
Why would a multi million dollar company that is right around the corner of the largest financial revolution and growth seen of all time, steal your lousy .1 btc.... It makes no sense for a company that makes ten of thousands of dollars in fees every hour, to just rip people off of small insignificant amounts of money.
Further more, with the IRS and SEC now getting more and more involved in crypto they are looking at exchanges like Polo and Bittrex based in the USA even closer than ever before, These companies will start facing audits of not only business practices and policy but even there back end codes, and customer security that just how these things work. They will eventually face the same regulations like Bank of America and JPMorgan Chase.
I'm sorry but you have to face the fact that you more than likely did something wrong. (people make mistakes it happens) Be it send it to a wrong address, copy your wallet address incorrectly, clicking on a phishing link, or even as simple as having a compromised computer with virus or maleware that steal your coins. etc etc.
The staff at Bittrex has better things to do than take a break from running there site to steal you at the time 200 dollars in bitcoin when they make that almost instantly.
And as for the individuals complaining about how bittrex disable and locked out a number of accounts with out warning....Well please refer to my previous statement, federal agencies are closely monitoring crypto and bittrex went ahead and removed accounts that didn't have proper ID verification, or where located in countries that the banking industry deems "High Risk" Welcome to the end of the Wild West of crypto. While it sucks that this space will be getting regulated, I had a great time learning all about it and staking my positions and now over the next few years we will see real serious institutional money coming into crypto Bitcoin Eth Dash Monero etc etc
Best of luck.
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Understanding the basics and getting started
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on: March 26, 2016, 10:37:48 PM
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Hey thank you for the response it was really helpful.
I have focused my energy on trading at this point until I have enough money / coins saved to build a decent sized mining rig, and then just run it 24/7 at my work.
Would you say there is anything better then and asic cpu to mine with that in conjunction with a reputable pool?
Is is Asic pretty much top of the line but still lacking in overall efficiency?
Thanks
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Alternate cryptocurrencies / Mining (Altcoins) / Understanding the basics and getting started
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on: February 16, 2016, 02:13:51 AM
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Hey everyone,
I have been doing alt coin trading for some time now and I think it is finally time for me to build a mining rig but I dont really know where to begin. I have seen a lot of different information online and much of it seems conflicting so I guess I will start out with a few easy questions that Im sure some of you can answer.
1) Not all coins are created equal....By this I am assuming that I cant build just one rig and have it effectively mine any coin I want correct? As fare as I know there is CPU/GPU rigs that can mine most any Scrypt based alt coins like NXT, Doge Lite etc, but not ideal for Bitcoin (which I dont think I want to mine anyways) Could someone shed some light on this? Main coins I would like to mine are, Doge, Etherem, NXT, Dash, Lite, Darkcoin, ripple, peercoin, and a few others.
2) once I figured out the type of rig I'm going to assume it will be some sort of CPU/GPU rig, where can I find a solid current guide to show me how to build one? I have about 3K saved I assume this will be more than enough, and I am also assuming I will be running lunix as well.
3) Is cloud mining really worth it?
4) Can I get some links to sites with good straight forward information, once I build and set up my rig I will wont to figure out what coin to mine first, what one is the most effective and profitable, how easily it is to jump from coin to coin. If I should fly solo or join a pool, and basic things I shouldnt or should do while mining, like dont switch to a new coin untill after you recently mined a block. (IDK if that makes any sense but you get the idea)
Thank for the help I know I prob sound like a total noob here but we all need to start someplace...
Thanks again.
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