I have read a lot of posts from people saying that they can't get their money from mtgox and other exchangers, this means that there is not enough money to pay all the people that want their money now.
If there is not enough money to pay every one that wants their money it is a ponzu scheme, or how it is named when there is no way all people can receive their money when they want?
If a lot of people can't get their money that will cause a crash in the value of bitcoin because people will see that the value of bitcoin is not real because there is no money behind the bitcoin.
Your wrong, mtgox USD delays are because US freezed mtgox US Bank accounts - it means lower mtgox USD liquity
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Because I got latest news here what is going on in Bitcoin world
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3) Is it better to use two instances of cgminer and disable the opposite GPU or to simply run cgminer using both GPU's at once?
Run one instance of cgminer using both GPU's at once.
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What do you mean? As far as I know, you don't have an online blockchain for LTC where you can check the balance of accounts
Try this litecoin block explorer: http://explorer.litecoin.net/
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dude, 6-7k, which youtube channel is this? two, actually, USNFilms and PDKFilms Oh I see, I recognize these channels, good work.
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I am bit confused where to buy my first bitcoins. Mt.Gox is evil by some posts - even though i dont know if they accept payments from europe. I want avoid localbitcoins to make deal to some unknown guy too. Do you have any advice where should i get bitcoins?
If your from east europe then btc-e has useable deposit+withdraw options. Otherwise bitstamp I guess
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Everyone says that isnt worth the time to mine but why? I love this idea of mining and i want to get my hands on 3-4 USB Miners and start mining and selling contracs on ebay If you mean USB Block errupters, these are more for fun than serious mining. Not power effecient + you need running comp or buy rPi.
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Can anyone explain to me what's the problem with them?
Their bank accounts were frozen in US, meaning they losed some liquidity. It means it is hard to withdraw money from MtGox, and I woldnt trust keeping money there
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Also what are the differences between the two?
Bitcoin has 1 confirmation in average every 10 minutes, Litecoin every 2.5 minutes Both have different hashing method, so wih Bitcoin ASIC hardware you cant mine Litecoin And yes, you will hardly find Litecoin merchant, it is very speculative coin and I personally think Litecoin will never be used much
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Buy an ASIC or mine Litecoins instead.
Is there any section here which shows how good a cpu mines litecoins? Mining Litecoins with CPU is bad, even good ATI GPU cards are hardly profitable after you pay electricity
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Thanks.
1) So, is it safer to keep currencies on my trading account ? (btc-e. Sorry it's the only one I tried)
It is more secure to have Bitcoins stored on your computer, even more secure are paper wallets if done right 3) How to create adresses for other currencies ? I'm stuck at keeping alt currencies on trading platform ?
You can install the wallet that comes with every alt coin, qt wallet, but I doubt about security of alt coin qt wallets, might include malware
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What is so good about coinchat ? The chatting or the mBTC ?
Dunno if I missed for not using it
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And why is it worth so few BTC any more?
Maybe because Ripple is not usefull at all. Or maybe more Ripples are given away, so people exchange it to BTC now.
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Inputs.io hacks does provide an launch of making the price going down on Bitcoin today I dont believe this, all stolen funds are going back to user ballances from TradeFortress pocket. So no inpact on trustworthy for Inputs.io
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You do realize if that USB miner mines 0.001 and bitcoin is one day worth 10 000$.. well you do the math. Most ASICs don't ROI right now, some run them only because of the network.
Yes, but competition won't allow that condition to last. The price of the bitcoin would have to fall, otherwise everyone would start mining. Depends how much effort you need to put in mining 0.001 BTC. With continuously rising difficulty, it will be hard to mine this amont in one day for 1TH miner next year
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MMORGP is my favorite type of game. And WOW is so cool game but i am afraid to start playing it again.
In fact there are a lot of free MMORGPs available. I play runescape and I like it
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