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Something to be aware of when generating addresses for each user with blockchain.info is the wallet will "max out" at 1,000 addresses. They don't tell you this upfront, which is kind of lame if you chose this option for your site only to find out later. Maybe you want to generate the address and keys yourself and then assign the addresses to each new user as they sign up. You can use blockchain.info API for checking balances or using a hot wallet for sending payments.
There's also several options with running bitcoind on a VPS and then use jsonRPC calls.
https://github.com/freewil/node-bitcoin
There's also several options with running bitcoind on a VPS and then use jsonRPC calls.
https://github.com/freewil/node-bitcoin
I always have this question, about how those sites manage bitcoin received. I buy and sell btc in cryptsy, but all I see from blockchain, is the btc go into the deposit address, and the same amount transfered out, final balance is 0. how does this whole thing work behind the scene?
I'm have over $500,000 USD to invest in coins.
My question is, what is the best coin, is your favorite investment choice for the future?
I will gladly invest my 500k, but i need solid answers on why so-and-so coin is the future.
My question is, what is the best coin, is your favorite investment choice for the future?
I will gladly invest my 500k, but i need solid answers on why so-and-so coin is the future.
Fun times.
With that kind of cash, you could literally invest in ANY altcoin, work the market into a frenzy, and then get out, probably with a substantial profit. But I still wouldn't do it...
get out is the hard part.
Listen guys, Retards are everywhere, you need retards for this world to work the way it is working.
base on some definition, everyone in this forum is retarded.
The sheer amount of numbskullery on bitcointalk these days is an absolutely appalling reflection of what this community has morphed into. The stupidity level appears to be an increasing exponential function. The quality of discussion has completely fallen off a cliff. Is there ANYBODY left on these forums who is capable of intelligent, rational argument? It's a bloody tragedy.
It is over. Collapse started with DOGE. Unstoppable influx of retards even into cryptos (they were everywhere else already) started paving a road
toward Idiocracy as shown in the same named movie or something similar (most likely retards (99%) will not be free but enslaved to Matrix-levels).
http://www.imdb.com/title/tt0387808
okay, nice job, guys. would next pumper please stand up?
thanks
Hmm... You could always.. I don't know... call me crazy... but...
SUPPORT your coin. (Singular)
Most of these coins are all based off a horrible model that is living in a novelty of its own design. This is what happens when you try to ride the coat-tails of success, and then only exploit it yourself.
These alt-coins were created to pull you off other coins and scam the stupid people with pumps! Success, it worked! (By the way, you are about a year late learning that, and complaining about it.)
Those who can sell, will sell. Those who can't, keep it going. Remember, someone is buying those coins that are selling. You should have sold at the top, and you should be buying at the discounted lows. Guess who is going to get more money than you... Everyone buying now...
Stop playing day-trader. You are not a day-trader. These are not day-trading exchanges. They are barely trade-exchanges.
Try going to the actual trade-exchanges where some of these "decent" coins live. There you can play day-trader all day long! Though I doubt you will do any better, until you learn how the trade-market works.
Try flat-out investing. It's a novel idea. Trading only lowers value. Well, the way you guys trade, it makes us value. lol.
Next time... There is always next time...
I hear there is a new coin... What's it called... Hold-on, let me get my WiKi of coins list... (You knew the problem. You just refused to admit it, act on it, or do anything about it. Reality fail. Listen to your gut next time, not the troll-boxes.)
First rule in investing is RESEARCH, second rule is RESEARCH, third rule is RESEARCH... I forget the fourth rule, but it may be RESEARCH.
SUPPORT your coin. (Singular)
Most of these coins are all based off a horrible model that is living in a novelty of its own design. This is what happens when you try to ride the coat-tails of success, and then only exploit it yourself.
These alt-coins were created to pull you off other coins and scam the stupid people with pumps! Success, it worked! (By the way, you are about a year late learning that, and complaining about it.)
Those who can sell, will sell. Those who can't, keep it going. Remember, someone is buying those coins that are selling. You should have sold at the top, and you should be buying at the discounted lows. Guess who is going to get more money than you... Everyone buying now...
Stop playing day-trader. You are not a day-trader. These are not day-trading exchanges. They are barely trade-exchanges.
Try going to the actual trade-exchanges where some of these "decent" coins live. There you can play day-trader all day long! Though I doubt you will do any better, until you learn how the trade-market works.
Try flat-out investing. It's a novel idea. Trading only lowers value. Well, the way you guys trade, it makes us value. lol.
Next time... There is always next time...
I hear there is a new coin... What's it called... Hold-on, let me get my WiKi of coins list... (You knew the problem. You just refused to admit it, act on it, or do anything about it. Reality fail. Listen to your gut next time, not the troll-boxes.)
First rule in investing is RESEARCH, second rule is RESEARCH, third rule is RESEARCH... I forget the fourth rule, but it may be RESEARCH.
f*** it, no matter how we research, everyday it just fall like a rock. maybe it is a rock.
altcoins are just a measure of the mania. it is a saturated market. Sure there was a window where it made sense to mine/trade, but once the dust settles, the volume will shrivel up, there will be no more buyers and prices just implode.
Prices already imploded, and threads like this one (everybody Bearish) means it might be time to turn Bullish soon.
Talk about best time to buy, when I started the thread, I was all in btc with multiple bids 30%-50% below market price, then I wake up the next morning. All my bids got hit, and some of them fell another 20% from my bid. Even worse, there is no dead cat bounce. It just stay at new bottom. Is it best time to buy? Or is it going to die? I am in panic mode
The lack of a bounce is even worse than getting behind, since every bounce gives you a chance to take small profits and lower your average cost even more.
When I'm "in too deep" and cannot simply buy more, here is what I do:
Sell ~20% even if it's at a loss and put in orders to buy back lower. Now if it goes down you improved your position (at least a little) and if it goes up (enough) the other 80% will still make money.
Recovery takes time, but you can dramatically improve a situation with several "day trades"...
It doesn't matter which direction the market moves, it just needs to move, and bounce.
It is such a long wait. now even ltc is lossing support
does anyone know why vtc is so strong
Yes. Because this guy did a video on it saying he's been researching coins for weeks and decided Vert was the only one he'd invest in. Then the video got an airing on BrotherJohnF's "Bitcoin Channel". Within 25 hours of it appearing, the price started rising. (Unjustifiably).
Now that that video's fading into history, it will start to dump again and you'll be able to get some.
http://www.youtube.com/watch?v=SGJN3sHLZS0
the video has only been viewed 2000 times. that can pump a coin 3x? could not even finish watching the video, is that a research for 5th grader? geeee, I should post a video on youtube to pump something, or anything
Hi folks !!
I was wondering whether it is really possible to create a coin where blocks will be mined by humans .. Like a puzzle will be generated for solving a block and if a person is able to solve it , he gets the reward . And as difficulty increases the puzzles gets harder and harder ..
Is it really possible ?
I was wondering whether it is really possible to create a coin where blocks will be mined by humans .. Like a puzzle will be generated for solving a block and if a person is able to solve it , he gets the reward . And as difficulty increases the puzzles gets harder and harder ..
Is it really possible ?
you mean, like, your girlfriend?
i'll give vertcoin mining a try. thanks, people in this thread.
no, it is not making money. it is just a last resort that GPU miner can rest.
try bidding for three days, cannot get any, too long for a pump. it is like something is happening
btw, I really hate those endless Icelandcoin, spaincoin, greececoin and stuff. can someone just end it? soon we will start to see Alabamacoins, buffalocoins.
btw, I really hate those endless Icelandcoin, spaincoin, greececoin and stuff. can someone just end it? soon we will start to see Alabamacoins, buffalocoins.
Re: Is the Maxcoin fork a new trend? Cut reward in 1/2 and double price?
This seems to me a little like cheating.
Release technical specs of 250 millions coins, then drop to 100 million coins midgame.
Will price-doubling forks become a new trend for other dying altcoins like Maxcoin?
Release technical specs of 250 millions coins, then drop to 100 million coins midgame.
Will price-doubling forks become a new trend for other dying altcoins like Maxcoin?
1. the inflation in this group is way too high, needs to drop, or our dreams all die.
2. those 1 billion, 100 billion coins are all piece of junk, either they die later with infinite supply. or they try to survive now with a bad instamine record.
3. reduce supply will reduce coin distribution, and reduce mining interest. so those devs need to do it carefully, or the coin gonna die again.
4. every coin owner is a shareholder of this company. If shareholders are happy, then those non-shareholders' opinion may not be relevant. because, hey, it is none of their business anyway. unless, existing shareholders piss everyone else so much there are no new blood willing to join the game.
I am not speaking on behalf of maxcoin, I sold it in each rebound. last at 0.00014. now, I have been trying to bid for three days, not a single bid got hit. but hey, if every dev can work on reduce the inflation in this community. that seems to be the right way to go. the ideal approach is, extending the mining period, but reduce the immediate coin supply. I don't think simply cutting half is a right approach.
here is the problem, the inflation rate in this community is too high. here is a game plan, if every other dev reduce the supply, and your dev did not do anything, your coin will still enjoy a price rebound. by the time your coins are all mined, your coin market cap will be larger than others.
I am not buying this PoS concept. For one reason, human society does not favor socialism in the past. If you can get paid without effort, then nobody will end up working.
POS isn't totally without effort. Well, for miners at least. Zeit is a POW/POS coin that I have spent a lot of resources (effort) mining in the POW phase in order to build up a supply in my wallet to generate more coins in the upcoming POS phase.
here is my thinking. because cryptos have so many 0s after decimal point, so the number of coins does not matter. 42 coins = 42m coins = 42b coins. it is not like USD has to be at least 1 penny, YEN has to be at least 1YEN. 1 coin in 42m = 100 satoshi in 42. you can always divide into the exact amount you want to spend.
now, for POS coin, the initial distribution is 100m. Everyone turn on the computer and wait for the interest payment. 1 year later, the total pool is 200m. what is the difference? 1 year ago, you have 1 coin in 100m, now, you have 2 coin in 200m. Is it not the same?
the POS theory, is like buy aapl stock at $1000, if it split 1000 times, everyone will have $1000x1000 = $1 million. no! you still have 1000. that is how much this company is worth.
It's not that we have too many alt coins. It is that we have too many useless alt coins.
We have almost 500 released coins now, it is crazy. But there have been some good ones. Like POS coins were mentioned, I really like Hobonickels, the upcoming wallet is awesome. But I'm really sick of all the copy-pasta coins that took someone a weekend to make. I don't know why people buy into Sexcoin and Potcoin and Lottocoin and all the 100's of stupid coins, but I never understood why Doge coin blew up either.
You can't stop people from making dumb coins but I sure wish they would collapse sooner that later. It has gotten to the point where you can't even follow coin development anymore because of all crap, unless you want to spend 4 hours a day going through the muck to find the diamond.
potcoin is for pot which about 50 % of population uses, sexcoin is for sex as internet is for porn (look it up), lottocoin is for the people who buy lotto tickets gambling which is a sin and contributing usually nothing to society while living off welfair and handouts.We have almost 500 released coins now, it is crazy. But there have been some good ones. Like POS coins were mentioned, I really like Hobonickels, the upcoming wallet is awesome. But I'm really sick of all the copy-pasta coins that took someone a weekend to make. I don't know why people buy into Sexcoin and Potcoin and Lottocoin and all the 100's of stupid coins, but I never understood why Doge coin blew up either.
You can't stop people from making dumb coins but I sure wish they would collapse sooner that later. It has gotten to the point where you can't even follow coin development anymore because of all crap, unless you want to spend 4 hours a day going through the muck to find the diamond.
I think lottocoin fails to deliver. the other two seems hanging around very well.
What we need is PoS COINS. Not scrypt, Not Sha, Not anything besides PoS.
PoS= Proof of Stake, where No Mining is involved!
Those are the future of cryptocurrencies.
PoS= Proof of Stake, where No Mining is involved!
Those are the future of cryptocurrencies.
I am not buying this PoS concept. For one reason, human society does not favor socialism in the past. If you can get paid without effort, then nobody will end up working. If you want to succeed, you work harder than others. so far I am wrong with pos coins, they seems to be hold on longer than pow coins, but we will meet in the finish line. When satoshi create btc, he actually had an economic model in his mind(the distribution cycle is much better than mec or the rest), those pos, has nothing comparable.
Turning on your computer and running a script to mine for coins hardly meets the definition of labor, just saying...
it is not that only human beings can be a labor. one overheated gpu is a labor too.
an day you play CoD is a day you are not making a penny.
an outdated 386 with a POS client opening on the desktop waiting for new coins to rain does not count as a labor, because it can bearly do anything at all. And I can still open 10 client window on that 386, all waiting for new coin.
altcoins are just a measure of the mania. it is a saturated market. Sure there was a window where it made sense to mine/trade, but once the dust settles, the volume will shrivel up, there will be no more buyers and prices just implode.
Prices already imploded, and threads like this one (everybody Bearish) means it might be time to turn Bullish soon.
Talk about best time to buy, when I started the thread, I was all in btc with multiple bids 30%-50% below market price, then I wake up the next morning. All my bids got hit, and some of them fell another 20% from my bid. Even worse, there is no dead cat bounce. It just stay at new bottom. Is it best time to buy? Or is it going to die? I am in panic mode
The lack of a bounce is even worse than getting behind, since every bounce gives you a chance to take small profits and lower your average cost even more.
When I'm "in too deep" and cannot simply buy more, here is what I do:
Sell ~20% even if it's at a loss and put in orders to buy back lower. Now if it goes down you improved your position (at least a little) and if it goes up (enough) the other 80% will still make money.
Recovery takes time, but you can dramatically improve a situation with several "day trades"...
It doesn't matter which direction the market moves, it just needs to move, and bounce.
after dropping 95%, some coin was able to bottom out, some coin drop another 95%. at this time, it is true test to the strength of the community, or the depth of the dev's pocket.
Can someone delete this thread. Top alts are far from dead, this guy sees a bearish trend and gets emotional. Very short minded. Majority of the people don't even know what Bitcoin is.
on your request, I change the thread name to "altcoins are all dying". just look at www.coinwarz.com, I guess you are ok with the new subject name, right?
There must be some new idea to make any or altcoins more mainstream. For sure any more clones of already existing coins doesn't help, but most of altcoins will be doing fine as long as people would be using them.
The ultimate coin will be very different to anything that exists today.
Whatever it is won't be based on the current Bitcoin client or existing protocol.
I believe there will be a separation of transaction confirmation / processing and mining at some point in the future.
The current add ip address and setup config thing scares away most of joe 6 packs, who wrote the bitcoin software like that and how come ppl just get used to it. bitcomet never asked me that.
And in the end everything fails because nothing was finished - only 1000 things were begun and nothing finished.
+1000. The reason why btc survived so long, is because more and more developers join it.
Busting my ass at work everyday to pay my $550/mo electric bill, and pay for $1000s in hardware is labor.
And I'm going to work everyday and risking my paycheck to buy expensive coins with no guarantee I'll profit, how is me buying a POS coin somehow more "socialist", traders actually take the bigger risk because we don't have a little mathematical formula and website telling us what coin to buy and dump to break even on a daily basis.
let us look how bitcoin helps late adopters, when cgminer came out, gpu'ers mined all fresh coins; when asic came out, the first ones got all fresh mined coins; when erupter blade came out, the highest payer mined all fresh coins. I am not a fan of btc, b/c I think it should die now, with so many problems. but that is one thing it did right to survive.
It always gives late adopters an opportunity to beat the system.
for POS coins, where is the future for late adopters? say 4 years from now.