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Showing 20 of 17,217 results by swogerino
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Board Development & Technical Discussion
Re: Quantum computers to crack SHA256 - when will that become reality?
by
swogerino
on 08/05/2017, 13:40:07 UTC
If a Quantum computer can already crack the SHA256 algorithm then we are all doomed here. There is no future for bitcoin if someone is able to crack it, no matter who this someone is. Since Quantum computers are mostly in the hands of the governments which don't like bitcoin , they would have already used it to crack bitcoin and to end it.

I think for the moment this is not possible and is the hope that for a lot of years this will not happen that keeps us going and  to believe in bitcoin strength.
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Topic
Board Development & Technical Discussion
Re: Good night! Someone can help me with this issue?
by
swogerino
on 18/05/2017, 19:45:11 UTC
132 satoshi/byte is not the recommended fee, you have paid a fee under the normal level and with this fee it has not been included in the next block and the only thing you can do now is wait or add this transaction to viabtc accelerator website.

It says unconfirmed. So put that transaction in viabtc accelerator and it will help you out.
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Board Gambling discussion
Re: I have found a long term and strong dice strategy.
by
swogerino
on 18/05/2017, 21:04:52 UTC
I don't think that such thing exist. Long term and strong winning strategy cannot be found in a game of luck. The casino has the house edge which is designed exactly to let the casino win over the long run. You have been just lucky and luck can be turned around after sometime. Run away with your winnings before you lose it all to the house edge of the casino.
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Board Gambling discussion
Re: [W8-L1] 🏆 DEMIDOVA FREE SOCCER BETTING PREDICTIONS
by
swogerino
on 19/05/2017, 07:37:57 UTC
You are doing really well so far, I am keeping an eye on this thread and if you keep having results like these, I will definitely by your customer by subscribing to your service. At that price monthly you are very attractive comparing to other tipster or tipping services here which ask almost that amount for only 1 tip.
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Topic
Board Web Wallets
Re: Wallet transactions high and low fee.
by
swogerino
on 19/05/2017, 08:13:12 UTC
I am using coinbase but if i made transactions on other wallet or site like diractbet then its take 1 dollar something fee but if i transition with coinbase to coinbase then it takes low fee.can anyone tell me which wallet are best and it cut low fee for any wallet transition and don't take long time to confirmation.i just want to know that if there is no wallet that's I want please don't make fun with my question.

Low fees that don't take long time to confirm is very difficult to have nowadays no matter what wallet are you using. The rule of thumb , for a median transaction is about 250 satoshi/byte and for important transactions, 450-500 satoshi/byte to get your confirmation in the next block.
Coinbase,XAPO or any other proprietary web wallet will have control over your private keys and your account which they can close anytime they feel like it. The only web wallet which gives you control over your private keys is blockchain.info but that one has leaked security mostly.
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Board Bitcoin Discussion
Re: Bitcoin unlimited
by
swogerino
on 02/04/2017, 11:55:14 UTC
The end users will be the victim of such fork if it ever happens. I hope Bitcoin doesn't decrease in value and doesn't split into two different coins. Why can't we agree all together to do what is best for bitcoin and not for small entities who want to take advantage of such split ?
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Board Bitcoin Discussion
Re: Has blockchain ever got "hacked"?
by
swogerino
on 01/04/2017, 06:58:39 UTC
Yes, in Bitcoin's infancy (in 2010) a hacker created 92 184 billion Bitcoins using an exploit. This is the thread about this legendary event.

This is the only event I remember which was intentional and dangerous at the same time but Bitcoin wasn't worth (almost) anything then. Just 3 months earlier the legendary pizza transaction had taken place.

In 2016 and 2017 there were also "stress tests" that were probably simply spam attacks, but all they reached was a congestion of the network.

Interesting story which I was unaware of. I thought that bitcoin is not hackable as I have been reading many different webpages outside of this forum that says bitcoin is protected by the laws of universe and math. I hope this never happens again especially now in our time as this would be very dangerous for the existence of bitcoin itself.
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Board Speculation
Re: Will Bitcoin die soon?
by
swogerino
on 16/07/2017, 18:00:30 UTC
Bitcoin will never die. It is one of the greatest technological innovation in digital money in our century. It can be used for different purposes and means. These have been talked here many times so I am not going to repeat them. As long as bitcoin will bypass the necessity of a central authority like a central bank to tell us what is better for us to do, it will live and it will be cherished by many people. Bitcoin will die is just a nonsense from media and central banks trying to put mud on bitcoin face.
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Board Bitcoin Discussion
Re: Bitcoin Core Posts Hardfork is Possible August 1st.
by
swogerino
on 16/07/2017, 16:50:29 UTC
I voted it will go below 1000 if this possible hard fork will happen. Based on the recommendations of the website in the link above it is clear that a massive disruption to bitcoin price is going to happen. They are correct when they give advice to not trade any bitcoin 24-48 hour before August 1 and then after this date to be patient and not deal any transactions before things are normal again.
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Board Service Discussion
Re: How to buy on ebay with bitcoin
by
swogerino
on 23/07/2017, 19:14:33 UTC
Ebay doesn't accept bitcoin payments. Usually sellers there only accepts Paypal and Credit cards. There is Amazon though which you can buy with bitcoins through another website purse.io which lets you shop Amazon and lets you pay with bitcoin.
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Board Web Wallets
Re: Send Bitcoins Without Fees [No Miner Fees]
by
swogerino
on 24/07/2017, 19:36:16 UTC
It is not worthy to use them. You would win only a dust amount saving them from the fees being paid by XAPO as an online web wallet provider but on the other side you risk your account to get blocked for different reasons and your bitcoins to remain locked there forever. It has happened to many people here in the forum so it is better to pay the fees and have a wallet which you are in control of everything.
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Board Beginners & Help
Re: How to buy bitcoin anonymously?
by
swogerino
on 06/08/2017, 17:25:06 UTC
Bitcoin itself can be anonymous but to buy them anonymously is challenging. You can cash pay some local merchant in your neighborhood to exclude your name from the great surveillance.

It is very dangerous to buy bitcoin face to face. If you decide to do so make sure you choose a very public place with lots of surveillance cameras otherwise there have been cases where the seller was robbed from the buyer.Same can happen if the seller is a dirty scammer. You can make bitcoin anonymous with a few tweaks but you have to search yourself for that. Localbitcoins remains a good place if you are really decided to buy or sell bitcoin face to face and know the risks of such trade.
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Topic
Board Mining speculation
Re: Which ASIC miner is profitable right now ?
by
swogerino
on 31/03/2017, 07:34:18 UTC
Hi all,

I am new here , i have been planning to get ASIC miner i was going to get Antminer s7, but read threads suggesting, it was not profitable .

besides i am from village area in India and power goes down lots of time and Internet goes down too. but i have access to cheap electricity .

is there live chat feature on this forum, i have lots of questions.

1) do i have to start ASIC after power failuer ? or does it starts automatically and starts mining by itself ?
2) Do i need Air Conditioning system for 1-2 ASIC miners in a room , Temperature here (India) is quite high ?
3) How often difficulty increases ?
4) does the difficulty decreases too ?

So is there ASIC miner which is profitable right now. provided that BTC value stays the same or increases.


Thanks for your time.,



With your cost of electricity even the S7 is profitable for you as energy in India is very cheap. S9 is a lot better though as it has better hashrate and the energy cost is not a key factor when you live in India I have heard. So an antminer S9 should make you about 0.20-0.30 btc per month after removing energy cost. Try to buy one used second hand and all positive factors will be on your side as the price will be cheaper. I am only worried about high temperatures in India but that can be taken under control with a portable air conditioner to put near the miners.
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Board Gambling discussion
Re: Is it a sin to gamble?
by
swogerino
on 30/03/2017, 05:51:03 UTC
Gambling is a sin in many religions. Their argument is that you cannot predict the future and only God can. In fact this is a bit of the truth,  you can only try your luck in gambling but you cannot predict the future. I wonder what has been going through the head of the persons who have won big jackpots from gambling and how many time did they play before hitting it Roll Eyes
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Topic
Board Mining speculation
Re: In 2017, Is a $400 ASIC miner still profitable?
by
swogerino
on 01/04/2017, 05:50:34 UTC
It is only if you live in a country where the cost of electricity is almost free like China,Venezuela or India. In fact in some other developed countries during the night hours the energy is free, so if you keep the miner on only during these hours it is profitable too.
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Board Beginners & Help
Re: Bitcoin - SE vs BU?
by
swogerino
on 01/04/2017, 09:18:19 UTC
Very new to bitcoin, and I saw most people are talking about Segregated Witness (SW) vs Bitcoin Unlimited (BU).

Actually what do they mean? and what are the differences?
Diffirences are that vast like moon and earth.
As beginner u won't understand most diffirences, but many many smart people are at it Smiley so don't worry.

In very short, SW is improvement for bitcoin in many ways and BU is just increasing 10 minutes blocks size to a size that is unsustainable in next years.

If SW is so much good improvement for bitcoin and BU is just increasing 10 minutes block size which will be unsustainable in next years then why I have seen BU has so many supporters ?

I am out of this discussion as Electrum wallet developer will have a wallet to support both chains if this fork ever happens but just want to know for simple curiosity. I am not tech savvy.
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Topic
Board Scam Accusations
Re: CKminer SCAM!!
by
swogerino
on 23/03/2017, 20:48:27 UTC
You have been scammed like everybody else who give money to offshore ponzi schemes like this one. You can never make bitcoin out of thin air. You either mine with Antminer or with graphic cards.
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Topic
Board Gambling discussion
Re: Quit Gambling for Good, think for your loved ones
by
swogerino
on 24/03/2017, 07:05:26 UTC
This call I think is for people who have become addicted to gambling and are destroying themselves and their families. Luckily I am far away from such condition, I like play gambling and slots yeah but I know what I am doing and I am only playing with money I can afford to lose. Anyone who is addicted to gambling should seek for help online or offline as soon as possible.
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Board Service Discussion
Re: Multiply your bitcoins
by
swogerino
on 24/03/2017, 07:08:42 UTC
oh i see actually i am new to bitcoins and i am searching a way to earn btc so tht i can start my own faucet and so only i am seeing such sites

Do not look at such sites if you want to start your own faucet because if you do look at these scam websites there is a big risk that you will lose all your investments at these sites. Better find alternative ways to earn bitcoins , true ways like buying bitcoin and investing to build your own faucet. Easy money do not exist so stop losing money at those websites.
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Topic
Board Service Discussion
Re: Bitwala
by
swogerino
on 24/03/2017, 07:59:20 UTC
If you are asking If the service is legit then It is, I gave it a shoot yesterday as I read an article about it on Bitcoineverything. I however hate the fact that there is a lack of information's on the website such as the supported countries etc... for example, you won't know If your country is supported until you fill the information's (when It's probably too late) about yourself.

You know what countries are supported when you click the transfers link in the website. It will show you that you can send SEPA transfers to at least 35 countries in Europe. I will try this service during the weekend as it looks like it can do wonders from reading their website descriptions. Just what I need a 1 day transfer of bitcoins to my bank account.