quite bizarre... although my question is WTF will this achieve ?

the answer is for people (and merchants) to use BTC as a preferred payment option. then the market can stabilize, in a good political/legal climate

good for bitcoin adoption and acceptance

Check out our latest post on the BTCXE blog:

http://blog.btcxe.com/2015/01/11/living-room-of-satoshi-free-and-simple-payment-of-australian-bills-with-bitcoin/

Living Room of Satoshi integrates BPAY payments with Bitcoin, allowing Australians to pay anything from water bills to tuition fees using Bitcoin

Are you aware of similar services / what would adoption be like in your markets ?


https://btcxe.com


Gleb @ BTCXE

Check out our latest post on the BTCXE blog:

http://blog.btcxe.com/2015/01/11/living-room-of-satoshi-free-and-simple-payment-of-australian-bills-with-bitcoin/

Living Room of Satoshi integrates BPAY payments with Bitcoin, allowing Australians to pay anything from water bills to tuition fees using Bitcoin

Are you aware of similar services / what would adoption be like in your markets ?


https://btcxe.com


Gleb @ BTCXE

Hei Bomba,

Multumesc pentru feedback-ul tau. (Did I get that right ? )

Thanks for spotting the Lei - Ron typo.

To answer your questions, yes the Price is fed live from bitcoinaverage.

Also, you can select the default currency by clicking selecting "settings" from the right - you can select the default currency from there

Once again, appreciate your advice and if you could give us any other advice and tips

Question - do you think the majority of Romanian users interested in Bitcoin understand English ? Is it worth translating all the reviews we have into Romanian ?

what i was saying was that I was not going to argue about technical details, but rather the company's legitimacy and THEIR technical nouse

Im sure some of it has to do with Saudis wanting to fuck Russia over Syria

once again, what please just tell me you meant cost not price and then we're back onto same level

If something begins to tank in price you need to reassess whether its still feasible to produce at current cost level.

Could you please reiterate your point again, in a fresh new post

1) assume company MINERS'R'US are contributing 500TH/s to the whole network. MINERS'R'US sells bob 50TH/s MINERSRUS new output MINERSRUS - 450THs, Bob - 50THs. No effect on total output. The risk of hardware failure is always there, although if you're mining remotely, the DC operator takes the responsibility for support, maintenance and upkeep.

2)i wasnt just referring to difficulty, but also to elec price, behavior of other miners and the behaviour of the FX market. I agree, mining is risky regardless of how you do it, I was just saying that it is far less risky if you're risking 15 bucks vs 2-3k, and you dont need to be a hardware specialist either.

Im not disagreeing that cloudmining is a risky venture, just simply that there is and should be a market for peeps who want a low-cost entry to mining

Could someone pelase explain why creating a new address for each inc. transaction considered best practice ?

1) how does it increase centralization ? Last time i checked (will vary on exact service model provided, but still) cloudmining doesnt attribute new mining, rather transfer ownership of existing hashrates. Depending on exact terms of service, theoretically users can aid DEcentralization by selecting alternative pools

2) yes. and no. far too many, far too volatile factors will shape the final return. Whilst obviously everyone wants to make money, the ROI is near impossible to accurately predict. I'd say cloudmining shouldnt be seen as a sure-fire way to make  money,rather it should be seen as a way to try out mining without taking on the risk of spending > $2k on mining hardware then have to have all the associated headaches (cooling, storage, noise, maintenance delays etc). You can switch on / switch off your cloudmining at any point, and see daily BTC returns (even if miserly) and at worst, youre risking 10-15 bucks to learn first hand. On the other hand if you make a paltry 5mBtc per day for a year and Bitcoin raises by 30-40% you could see a significant ROI.

basically its low-entry, low-risk mining - users can try it, hate / love it, continue / dump it without ending up with the world's most expensive heater in the garage

i agree its a complex process, but i cant see how it hinders the BTC ecosystem or how anyone can say with confidence what their ROI will be

do not buy cloud mining unless brand is reputable (ie has proven to ship, own and run mining hardware)

maybe i should e-mail my maths, economics and marketing professors, cause in the world i inhabit price and production capacity dont necessarily have a direct relation. are you not confusing price with cost ?

however, what is more likely to happen:

a) small miners switch off their euipment, hashrate and difficulty down

b) miners sell their gear to consortiums who can still make money based on economies of scale

golosuj, ne golosuj, vsjo ravno poluchish PU

Why ? Does BitcoinQT require to DL the blockchain ?

Buna, my Romanian frati ! Ce faci ?

Sorry for my scarce Romanian, but thanks to my Romanian friends my vocabulary is only rich when it comes to insults and swearwords

I just wanted to bring your attention to a really simple and cool tool for calculating between Bitcoin and Leu

Check it out at

http://btcxe.com/btc-ron

We also have a wealth of info on wallets and exchanges for Romanian users.

I would greatly appreciate if you gave it a go and would welcome any feedback

Multumesc,

Gleb @ BTCXE

Ermmmm, what ?

Namaste !

I would like to encourage you to try out BTCXE.com for your BTC calculations. Apart from a really cool conversion tool we also provide a wealth of information on wallets and exchanges available to users from India.

give it a go at

http://btcxe.com/btc-inr

Shukriya,

Gleb @ BTCXE