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Board Beginners & Help
Re: ██ Tutorial: How to keep your Bitcoins 100% secure! ██
by
aahzmundus
on 14/06/2015, 14:26:29 UTC
Ok i saw many newbies fall for all kinds of scams lately and i feel sorry for them, so i put together this tutorial to help people to store their bitcoins very safe, without the need to rely on (scammer) 3rd parties or just any kind of unnecessary risk.

So basically if you want to store your coins 100% secure you have to store it on your own device , and not on an online wallet or 3rd party. As the saying says: "everything that's not in your hand it's not yours". If it's not in your hand it's not money, it's debt, the promise of the 3rd party that it may or may not pay you. Also many wallets don't run on 100% reserves, which is just the same as the fiat system, so it will meet the same ends...

Also many online wallets have been hacked lately which could be the users fault, but it could also be the service's fault, and by storing them there by default your funds will be targeted because they store huge amount of coins, whereas if you hold your coins in a place nobody knows about, then its safe.

Ok let's start.

Programs you will need:

Cleopatra: http://www.gpg4win.org/features.html
A good antivuris& internet security: I recommend Kaspersky Internet Security 2015 because of this:
http://www.reuters.com/article/2015/02/16/us-usa-cyberspying-idUSKBN0LK1QV20150216
http://www.theregister.co.uk/2015/02/17/kaspersky_labs_equation_group/
http://www.techpowerup.com/209925/nsa-hides-spying-backdoors-into-hard-drive-firmware.html
Malware Cleaner like MalwareBytes: https://www.malwarebytes.org/
Armory Wallet: https://bitcoinarmory.com/download/
Veracrypt: https://veracrypt.codeplex.com/
Linux operating system for extra security (verified by Cleopatra, after you download just check the checksum to see if it has been tampered with) or just a clean Windows or Mac


Hardware & physical objects you will need:

■Multiple solid USB sticks (ATLEAST 3)
■A junk and cheap PC which meets the system requirements of the programs listed above (preferably old because newer ones could contain firmware, but not that old that it fails because your bitcoins could be lost then)
■Your casual online PC that you are on right now
■Multiple A4 papers or similar and a pen
■A router through which you connect to the internet (optional)

After you got these tools, you will then proceed to set up your own "cold wallet" or "hardware wallet" or "offline wallet" as it is known.
You will need your usual online PC and the offline PC that you bought or your old pc that you used years ago.

Here are the steps to set up your offline wallet:

PART I. SECURE OFFLINE STORAGE

1) Set up the antivirus & MalwareBytes on your online PC, scan it and remove any virus or threat is found, all of them. Set up a strong firewall with your internet security software and if you have a router password protect it (the default password is always ADMIN, so change that)
2) Use original operating system, if it's pirated then run a full antivirus scan & anti-malware on it because there may be some malware hidden in it, even if it's original there can be some intentional malware in it so either way scan the operating system's cd, or .iso file or however you got it, to make sure no rootkit,malware or other malicious tools is built in it. If you detect any, then get another copy, until you find a clean one. (Make sure the antivirus you choose & MalwareBytes is fully updated though before scanning it)
3) Get your PC that you will dedicate to keep your bitcoins on (it can be a laptop too) and set up the operating system on it
4) Make sure you create atleast 2 or more partitions on the harddisk, because 1 will be encrypted later, and 1 for the operating system
5) Enable hidden folders and files if you are using windows on both the online and offline PC to see if anything shady sneaks itself into the USB stick, but ofcourse you will scan it also with the antivirus & MalwareBytes!



6) Disable networking in the BIOS, or remove the network card from that PC (https://www.google.com/#q=disable+network+from+bios)
7) Plug out any device that is connected to it, router, telephone wire, wireless stuff, or any other network or cable except the electricity, so that there is no other interface with which you can interact with this PC but the USB sticks, everything else should be disabled
8] Install the antivirus & MalwareBytes on this computer via the USB stick to check if there is any firmware on it, leftover rootkit or malware from previous OS or any other malicious stuff
9) After the stuff is clean,format the entire hard disk again and reinstall the operating system,and don't reinstall the antivirus nor MalwareBytes after (cos you never know if the antivirus or MalwareBytes itself is not doing something shady, you dont have to trust them more than needed ), and re-enable the hidden folders and files mentioned in step 5)
10) Make sure that in the process of doing this you dont put any other virus on your clean offline PC by any other means
11) After the clean PC is totally cleaned then it's time to install our bitcoin stuff there, first encrypt your non-system partition with Veracrypt or other trusted open source encryptors (this step is crucial unless you want it to be cracked by hackers, the encryption software must be 100% trusted and open source)
12) Encrypt that hard disk and put atleast a 30-35 digit random password for it which you generate here: https://www.random.org/passwords/, however don't use those passwords, instead generate 10 different passwords and combine them into 1, by your own, so that nobody can guess them (in case random.org collects or logs the passwords generated)
----Also write on a paper that password perhaps multiple times, because if you lose this password you cannot ever access that partition again so since your bitcoins will be stored here, you should have paper backup of this password stored in a secure place---

13) Download armory to your online PC, verify that it's genuine and not tampered with , with Cleopatra by checking it's checksum or the PGP-Signature of the author:
https://bitcoinarmory.com/tutorials/armory-basics/verify-download/
14) After download finished, disconnect your online PC's internet temporarly so that no other stuff can go in there, put the USB stick into your online PC and scan the stick itself, perhaps format it, then put the Armory on the stick and check it's checksum again before pulling it out just to make sure there was no malware on your PC that tampered the software after you downloaded it!
15) Put the stick into the offline PC and install Armory there inside the earlier encrypted partition
16) Securely Format the USB again and pull it out from the PC so that nothing is connected to it until we don't set up the sensitive stuff
17) Open armory and set up your wallet on the offline PC, from that encrypted partition, also in armory's settings use a very robust wallet


---Of course if the PC is crappy use whatever resources it can support, but still a 10 second open timer is recommended, because this is your safe wallet anyway, capable of storing billions of $ so definitely worth the wait time for this extra layer of security---
18) Enter the passphrase for the wallet, again use a the  https://www.random.org/passwords/ and combine for yourself a unique random password from those generated there, but never use 1 entirely from there. Also dont use the previous password again.
19) Make alteast 2 paper backup of this aswell (the private key), now you can print it out with armory, however make sure the printer you use is not network connected, and after you finished printing restart it so that the cache of the printer is cleaned out
20) Until now you got 3 sensitive data: the password of your encrypted hard-disk partition and the password of the wallet and the backup of the private key, make sure you got 2 backups of each stored at very safe locations
21) Use another USB stick or multiple sticks to put a digital backup of your wallet aswell, not the same one are you used before to install the stuff it must be a different and clean one,Securely Format the USB again ,however this stick is as-is and you can never ever plug this in into the online computer, but only this offline computer in case the hard-disk of the offline PC fails you will have a digital backup of the wallet , but you need to set up step 0-18 again for another PC that you will buy then to store your bitcoins. But never ever plug that USB stick (where the digital copy of the wallet is) into an online PC again!!!)
22) Ok you are ready now, your encrypted bitcoin wallet is set up in an encrypted hard disk, and you have 3 sensitive data that you must secure yourself, of which the private key is the most important. Even if the other 2 password is compromized, if you wipe your PC before they can access it (the wallet), then without private key they still cant stole your money. But of course the other 2 passwords are also important + your USB backup of the wallet. Keep these stuff very safe!
23) For additional security you can set up a password for your operating system, however its not that much needed, and it can be easily bypassed if a burglar enters your house, but they can't break the double-encrypted wallet! This password is only needed if you leave your house and don't want your wife or children accesing your PC, it's more like a privacy protection rather than security.
24) Never ever install anything else on the offline PC, even if it's not in the encrypted partition, it can only contain the clean OS install, the armory and your wallet(s), just as never put anything else on the stick that stores your digital wallet copy either. They should be left as they are!

Ok now you got a perfectly secure offline storage which can store even billions of $ worth of bitcoins, but it can still be compromized when you do a transaction. So here is how to securely transact and spend funds from it!



PART II. SECURE TRANSACTION FROM THE STORAGE

You will use the offline transaction method of armory which you can read upon here it't tutorial:
https://bitcoinarmory.com/tutorials/armory-advanced-features/offline-wallets/



 After you read about it and familizarized yourself with the process, here is how to do it securely:
1) The blockchain has to be on your online PC and also a verified download of armory, by Cleopatra:
https://bitcoinarmory.com/tutorials/armory-basics/verify-download/
2) Create a "New Offline Transaction", specify the details: address(es),how much bitcoin to send, etc. Double check if you entered the stuff correctly, and then put the Unsigned file on your USB stick that you used to install the things on the offline PC. Make sure that before plugging that USB stick back into the Online PC, you put it into the offline PC and Securely Formatted it beforehand.
3) So after you formatted the USB on the offline PC, put it on the online and put the Unsigned file on in, then move that Unsigned file onto the offline PC
4) Plug the USB into the offline PC, copy the Unsigned file into the offline PC's desktop
5) Plug out the USB
6) Open the encrypted partition, and the Armory and import the file
7) Check again if all details are entered correctly
8] Sign the file, you will need the wallet's password for this
9) Close armory, and close the encrypted partition too
10) Plug back the USB stick,Securely Format the USB again, and then put the Signed Transaction File back into it
11) Move the USB into the online PC and copy the Signed Transaction File, import it into the Armory, and verify again if all details are entered correctly
12) Broadcast the transaction
13)Securely Format the USB again
14) Waint until 6 confirmation of the transaction, and then it's all complete

PART III. MONITOR YOUR WALLET FROM THE ONLINE PC (OPTIONAL)

After you know how to keep the bitcoin 100% securely offline, and have your online PC also relatively safe, you can then monitor your wallet from your online PC without the need to compromize the private key for it. I have developed a software with which you can monitor your bitcoin addresses from your online PC without the need to compromize your offline storage. It's just like any other program on your PC now and you don't have to trust me more than any other developer whom's programs you currently use on your online pc .


My software has no access to any of your funds, since they are all kept securely offline. What my software does it checks your balances from your online PC through an internet API that connects to the blockchain. So you don't even need the blockchain downloaded on your PC to use my software, it's all lightweight and portable. You can check your balance of any of your addresses (or even other's address) to keep yourself updated with how many bitcoins you have. Also it loads instantly you don't have to wait half an hour to load like armory!

DOWNLOAD FREE DEMO!

========================================================================================================

========================================================================================================

This tutorial might be hard to read, disorganized, although it's as accurate as possible, but probably not that detailed and descriptive,also this forum needs internet and sometimes it could go down, so I summed up everything , more descriptive, with picture illustrations and links to download these tools in my
FREE E-BOOK that is a Guide to keep your Bitcoins 100% safe.

DOWNLOAD MY FREE E-BOOK HERE!

Enjoy Smiley

You have provided an excellent guide, but it does seem like too much work for a newbie to follow.
In any case, thanks for the guide, it can be useful even to the more experienced user
Keep up the good work Smiley
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Topic
Board Politics & Society
Re: what things does Russian really have?
by
aahzmundus
on 14/06/2015, 14:03:32 UTC
Except oil and weapon, what things does Russian really have?
We all see that Russian is really weak in recently oil price crash.
The exchange rate of ruble and the inflation in Russian as follow the  oil price crash imply that Russian is just a third - rate country who depends on selling cheap resources.
After the Soviet Union collapsed, the Economic of Russian growth just benefit from the oil price risen.


Weapons, mafia, drugs. Okay that's very stereotypical of me.
Lots of land, huge army, lots of power actually. Rich (You know what I mean) history
Tongue
Post
Topic
Board Beginners & Help
Re: paying no transaction fee
by
aahzmundus
on 14/06/2015, 06:21:38 UTC
If you set your wallet to pay zero transaction fee what happens? Is there more than one possibility.

It makes sense that no transaction fee means that you get no priority, but will the transaction always be processed eventually? If yes, what is the maximum time frame? If no, is there a maximum time limit before it bounces back? Could it be stuck in limbo for months?

It's not advisable to go for 'no transaction fee' transactions, especially when you're sending a large amount of BTCs.
If you're going for small transactions, you could possibly explore that option assuming that it won't be delivered anytime soon.

I prefer giving the transaction fee instead for safe and quick transactions
Hope that helps Smiley
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Board Off-topic
Re: Bitcoin and Porn
by
aahzmundus
on 14/06/2015, 06:15:36 UTC
seems the people around here like to spend their bitcoin to get some pleasure at porn website.
pretty much everyone watches porn, and as a result many bitcoin users in the forum are interested to spend their bitcoin in something that they are already paying with cash Cheesy also they can stay anonymous Wink
Yes it's anonymous and can be used for transactions meant to kept under the wraps (Silk Road anyone?)
It's a huge market, and I believe people would be more comfortable buying via bitcoins because they will be less traceable to any user and hence maintain the privacy the user would expect.

I personally don't see why I would buy porn, but not everyone's the same I guess? Tongue
Post
Topic
Board Politics & Society
Re: Stop forcing chemotherapy on patients when there are better treatment
by
aahzmundus
on 14/06/2015, 06:10:51 UTC
alternatives.

"Petition:

We the people do not want to be forced to have chemotherapy. We should have the right to choose what kind of treatment we want. Chemotherapy is toxic.

We the people of America should have freedom of choice and we are tired of corporate greed blocking alternative treatments here in America.

Other countries are already using different treatments that are less toxic with great success."



Sign the petition

http://www.gopetition.com/petitions/stop-forcing-people-with-cancer-and-the-parents-of-caner-patients-to-have-to-do-chemotherapy-we-have-the-right-to-choose-what-we-want-for-our-treatment.html

Absolutely right. There are natural ways which can replace chemotherapy. I have heard that in Kerala, India, there are few people who completely cure the cancer using natural ointments and medicines. And their success results are over 90%.

That sounds too good to be true. Cancer has been a global issue, and if there existed a magic medicine that was capable of curing cancer like you said, the world would be after it. I think you need to get a reality check on that.

About Chemotherapy, it's painful and it is really tough to cope with for any patient undergoing it. But the thing, there doesn't seem to be an alternative treatment as yet, with that being said, I believe it should be a choice whether or not a patient takes Chemotherapy because it has huge huge impact on the person and the people around the person undergoing the treatment.

Hope modern medicine finds a better solution.
Post
Topic
Board Meta
Re: Posting restrictions.
by
aahzmundus
on 14/06/2015, 04:42:32 UTC
It all depends on your account type which in turn depends on your activity. You can understand the dynamics of the restrictions on your account from the following table:


Activity      Min. seconds between post actions      Max PM recipients      PMs per hour
0                          360                                         3                          5
16                          74                                           5                        30
30                          60                                           5                         60
60                          30                                           5                         60
100                          12                                           10                        120
200                          10                                           15                        120
300                           8                                           20                         120
Post
Topic
Board Politics & Society
Re: Why ISIS is winning?
by
aahzmundus
on 14/06/2015, 04:37:04 UTC
They are winning because they have the more compelling narrative. We don't like to admit it, but there is a huge movement toward Islam. We think we can shoot a powerful idea to death, but the people we are fighting are more committed than we are, and actually believe in the morality of what they are doing. By comparison the rest of the world has no consistent position or policy. Those who know war could see this coming when we announced we were going to "liberate" Iraq.
Commitment. These monsters are committed to their cause of "Purification". They believe in what they do as a necessary evil, a noble cause for which they have been and are and will die for. This gives them support, it's not hard to believe the turn of events, like RodeoX rightly pointed out.
I'm not sure how things are gonna play out for Iraq, but one thing is almost certain, these orthodox delusional people will die for their cause, and that has immense impact on the situation.
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Board Politics & Society
Re: Cops Go on Wild Rampage in Cannabis Raid and Joke About Kicking Disabled Woman
by
aahzmundus
on 14/06/2015, 04:30:08 UTC
God that's so sad. This is the second disturbing cop footage in two days. I don't understand the mind set of such people, no offence to them.
I mean what could possibly going through their minds?
I'm curious.
Post
Topic
Board Bitcoin Discussion
Re: Which is the best Investment Option for Bitcoins?
by
aahzmundus
on 14/06/2015, 04:24:36 UTC

You cannot be so sure that it is a scam as it is making a payment on regular basis so it would be too early to make a judgement that it is a scam. The people are against it as they are not able to digest the pay out they are making and surely they will say it is a scam but it might prove to be the best campaign in the future if it is genuine as its payout is the maximum.

I haven't invested or looked at any of their investmentment plans but in the scam accusation thread , there is enough proof to show that they have faked a lot of things on their website. I couldn't even find an ANN thread for their investment site, which makes the way they run the site extremely fishy. However as for investments  , I have seen a lot of scams making payouts in the start and then stopping after they make enough money, so you would want to be careful where you invest your money.

Yes they will pay for certain period of time to attract the users to join their campaign and they will surely pay for month or two to gain an attention from the users and once they are done with their profits they will simply disappear which would directly affect the investments of the users so it is better to be more careful before joining campaigns.

Ya but my friend is earning good through that signature campaign and he is getting payed every two days so at a moment I feel that it is not a scam and should try to join the campaign but according to the people over the forum every one is opposing it by saying that it is a fake campaign.

i was in the campaign for a week and all the warning signs are there, one of the biggest would be the insanely high (5-15%) referral commissions they give, mining is an industry with razor sharp margins of profit, there is no reason to be giving out that much money, in addition, their signature campaign pays 0.1 bonus to hero and legendary members. no legitimate cloud mining operation can afford to give out that much with the current difficulty and bitcoin price.

Yeah and that is the reason why everyone is saying that it is a scam as noboby can afford to give this much higher payout and it is simply not possible. Firstly I also thought of joining that campaign but I saw the comments and feedback of the people I changed my mind.
You can trade or only hold you Bitcoins with leverage on BTC-E with Metatrader, so you get 3x more money or loose 3x more money if you are looking to get more than you have now.
That is something that I have considered, and probably will implement very soon.
I really hope it works out Cheesy
Post
Topic
Board Economics
Re: What awaits Bitcoin in the future? (poll)
by
aahzmundus
on 14/06/2015, 04:17:25 UTC
Hello! I'm interested in Your opinion on the future of Bitcoin.
I suggest to everyone to vote in the poll.
Let's see who has the most, the optimists or the pessimists?
Please leave Your opinions in the comments.
Thanks to everyone who voted!

I'm optimistic about the future, I imagine it being widely accepted as a method of payment and trading. Because of it's decentralized nature, it's bound to be better accepted, which in turn shall increase the value.
I think crypto-currency is highly potent, and is something that will be widely accepted across the globe.
Smiley
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Topic
Board Economics
Re: Greece has made an important concession
by
aahzmundus
on 14/06/2015, 04:14:06 UTC
2. seems unworkable, they can't be a far poorer country with lots of debt, but continue to have richer country wages and pensions that are being phased out everywhere.

Already they have been forced to reduce the wages and the pensions many times in the past, which is pushing vulnerable sections of the population, such as the elderly towards extreme poverty. And why should the pensioners agree to transfer their pension funds to Goldman Sachs? They had worked hard in the past, to qualify for the pensions.

I back Bryant on this, does seem very harsh upon the pensioners, it's unfair to disregard the elderly population.
And about debt restructuring, sound like something interesting, but hard to imagine that happening.
Post
Topic
Board Beginners & Help
Re: Increased Block Size - how will it affect me?
by
aahzmundus
on 13/06/2015, 11:49:32 UTC
So I am a Bitcoin user, I don't mine, I don't have a node, I do keep the blockchain upto date on my PC and leave it open so people can upload it.
I am basically a simple Bitcoin user.  If and when a hardfork is done so that more transactions can be done per block (say 1mb now to 20mb after the hard fork), how will that affect me?

If I only use Blockchain or another online wallet, will I have to do anything, or will it pass me by completely?

Do I just have to get a new Bitcoin QT after the fork? Will my current version stop working?  Will I have to redownload the blockchain (I bloody hope not!).  I have posted this in Beginners as it is a basic question that interests me as a basic bitcoin user and will probably interest true beginners too.

It shouldn't be a concern for a user per se. If you're using online wallet services like blockchain.info or coinbase, it something you have to do nothing about. So, you need not worry about it Smiley
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Topic
Board Politics & Society
Re: Before the earthquake, Nepali People killed 250,000 cows to celebrate festival
by
aahzmundus
on 13/06/2015, 11:39:59 UTC
Before the earthquake, Hinduism devotees killed 250,000 cows to celebrate festival

Worshipers believe that the animal sacrifice, meant to appease Gadhimai, the Hindu goddess of power, to bring them luck and prosperity.

Before the great earthquake struck, million devotees of Hinduism religion celebrated their cow festival in Nepal.

More than 20,000 buffaloes were sacrificed on the first day. It is estimated that 250,000 animals were sacrificed during the Gadhimai festival. The ritual killings were performed by more than 200 men in a concrete slaughterhouse near the temple.

Worshipers believe that the animal sacrifice, meant to appease Gadhimai, the Hindu goddess of power, to bring them luck and prosperity.

Gadhimai festival is a sacrificial ritual that is held every 5 years at the Gadhimai Temple of Bariyarpur, in Bara District, about 100 miles (160 km) south of the capital Kathmandu in southern Nepal, near the Indo-Nepal border. The event involves the world's second largest sacrificial slaughter of animals after Hajj including water buffaloes, pigs, goats, chicken, rats, and pigeons – with the goal of pleasing Gadhimai, the goddess of power.

Participants believe that animal sacrifices to the Hindu goddess Gadhimai will end evil and bring prosperity.








Source:
http://pulse.com.gh/religion/in-nepal-before-the-earthquake-hinduism-devotees-killed-250-000-cows-to-celebrate-festival-id3713395.html
http://www.dailymail.co.uk/news/article-2852739/Nepal-devotees-sacrifice-thousands-animals-Hindu-ritual.html


The sad part is, strongly religious people will either think that the sacrifice wasn't sufficient, or was too much, either way that's the reason they faced the "wrath" of the God(s) and not tectonic-plate movements, because then that would become too scientific for their liking.
Ahh. Where is the world going.
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Topic
Board Politics & Society
Re: another cop video
by
aahzmundus
on 13/06/2015, 11:32:25 UTC
I got bald recently, my wife left me for a younger guy, have to go to my boring work and this damn cabbie, a foreigner, doesn't even know how to use his blinker! I'll show him!
I hope they'll fire his sorry ass.

Aptly put. Frustrated and a sad sad man.
It happens ever so often that cops or people with power (how much ever it is) exploit or disrespect people who probably won't do anything about it.
I hope he learnt a lesson.
Post
Topic
Board Politics & Society
Re: WW3 is only a matter of time.
by
aahzmundus
on 13/06/2015, 11:17:25 UTC
Well if it has to happen, then I think it will in Asian Sub-continent region. The tensions, the drama, the threats, instability, are just too much. Name it, and every possible reason for starting WW3 is available there. China backing Pakistan, Russia backing India, tensions between India-Pakistan, India-China, America being diplomatic with all of them, all the spices are available.
China backing Pakistan? Russia backing India?!? America being diplomatic?!?!?
I'm sorry to say, but that doesn't seem likely to me, although I do agree if there's war in the future, it probably is in the subcontinent..
Post
Topic
Board Politics & Society
Re: Police In Texas Shut-Down Illegal Lemonade Stand
by
aahzmundus
on 13/06/2015, 11:12:56 UTC
Just another incident to prove how brave and courageous these police officers are in the United States.  Grin But still, In this case I believe that the police officers were merely following the orders which they received from their superiors. In my honest opinion, the state of Texas does not need $150 in license fee from these two little girls, to make the ends meet. Tax the adults as much as you want, but please leave the children alone.


It's so sad that it's almost funny. Illegal lemonade stand. It is as absurd as it sound Cheesy
Not sure where the cops/government are/is trying to go with this..
Post
Topic
Board Politics & Society
Re: USA attack to RUSSIA soon.
by
aahzmundus
on 13/06/2015, 11:10:20 UTC
I heard from rt that USA is going to attack RUSSIA soon. How USA will attack and where invasion will start? I'd like to know  Huh

You mean like army attack ?? or some bullshits like Cold war
Anyway if you mean attack like attack by army and stuff , that's not gonna happen . Putin will simply screw them up it's not like they are in Iraq or Afghanistan , it's russia mate
@bryant.coleman which they probably won't success to do so they are screwed most likely Shocked
I have to agree, it's Russia we're talking about. Massive Russia, don't imagine US would do something so outrageously insane.
I'm not gonna comment on strength of either in terms of war, but one thing is certain, if this were to happen (I don't think so) it would be one of the deadliest battles.
Post
Topic
Board Politics & Society
Re: [Rumour] Top Gear Presenters going to Netflix
by
aahzmundus
on 13/06/2015, 11:04:51 UTC
Now that makes for interesting rumor. Hard to fathom, but if it's true, it would be something pretty interesting.
Let's see how it goes
Post
Topic
Board Economics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
aahzmundus
on 13/06/2015, 11:01:24 UTC
Will I make it?

I'd say yes, if you're talking about 5-10 years of time.
There's prediction that it'll cross 300 again by the end of this year, but be warned that this is just speculation.
It can't be predicted for sure, but I personally believe that Bitcoin will rise and will play huge role in our future
Post
Topic
Board Economics
Re: Best way to turn 2BTC into 4BTC
by
aahzmundus
on 13/06/2015, 10:59:02 UTC
Hey guys. I currently have a little over 2btc at my disposal. I was wondering what the safest and best way to flip that into 4btc, and the 4btc into 8btc, etc. I really want to save up for a powerful ASIC, and am stumped as to how to turn this into more. I've tried exchanges, but end up losing more than I gain. Im looking for a solid and sure way to make coin off of what I have currently. Thanks!
There's no safe and easy way to double your money. Higher the risk higher the return (generally)
And you're talking about a 100% increase, that's bound to either involve higher risk or slower return.

There's always cloud mining though. Think cloud Smiley
Cheers