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Topic: What to do! (Read 1339 times)

full member
Activity: 182
Merit: 100
September 25, 2015, 03:24:36 PM
#22
coinbase account is good for use but do not put huge amount of btc because there are many online hackers that can stole your btc if you do a little mistake you can earn btc by trading there is very less risk find some good trader that can tell you how you do trading not invest in hyip mlm ptc type of site there are 90% risk of lossing btc
member
Activity: 65
Merit: 10
September 25, 2015, 08:14:53 AM
#21
At the beginning you should to start from small things.. Faucets have been created for new users to learn how crypto-world is working. Try to claim some free satoshi from faucets - check how everything is working and read - a lot! For sure don't invest in any fast growing (scams) investments. Do not try to win fast with crypto - it can be trap for newbies! Read, learn, ask and it will give you good base!

there is an ugly truth that everybody who have ever used faucets would learn when they want to spend these earnings. and that is the amount of fee they have to pay.
since the faucet payments consists of small payments they make a lot of dust in the wallet, and in the time of spending you have to pay a large fee to be able to do so.

With that problem helps now FaucetBox - is collecting little amounts and sending minimum 13k satoshi. But i know what you mean.. This is one of the lessons for new users.. thats why a lot of people is screaming that faucets is just waste of time.. True, but it is still for free.. Wink
hero member
Activity: 630
Merit: 500
September 25, 2015, 06:54:20 AM
#20
Various faucets uses APIs from different sites to consolidate the earnings and allows the user to withdraw once it hits a limit or pay directly to their wallet.

but that limit is still around the dust amount (from 5500 to 13000 satoshi minimum) and reaching a high amount to withdraw like for example $10 (0.04BTC) is going to take ages with the small payments from faucets.

Quote
If not, you can find a legit wallet that does not requires fees and set the payout address as the address on that service, one known service is Xapo, they allow 0 fee withdrawals.

i guess this is a very nice solution if anybody is willing to use an online wallet like xapo.
anyone could reach that amount in a month, if they are active. faucet will never be worth it. withdraw the money from xapo whenever you want and you would be in full control of your bitcoins.
legendary
Activity: 1946
Merit: 1137
September 25, 2015, 05:59:57 AM
#19
Various faucets uses APIs from different sites to consolidate the earnings and allows the user to withdraw once it hits a limit or pay directly to their wallet.

but that limit is still around the dust amount (from 5500 to 13000 satoshi minimum) and reaching a high amount to withdraw like for example $10 (0.04BTC) is going to take ages with the small payments from faucets.

Quote
If not, you can find a legit wallet that does not requires fees and set the payout address as the address on that service, one known service is Xapo, they allow 0 fee withdrawals.

i guess this is a very nice solution if anybody is willing to use an online wallet like xapo.
legendary
Activity: 2982
Merit: 4193
September 25, 2015, 04:50:29 AM
#18
At the beginning you should to start from small things.. Faucets have been created for new users to learn how crypto-world is working. Try to claim some free satoshi from faucets - check how everything is working and read - a lot! For sure don't invest in any fast growing (scams) investments. Do not try to win fast with crypto - it can be trap for newbies! Read, learn, ask and it will give you good base!

there is an ugly truth that everybody who have ever used faucets would learn when they want to spend these earnings. and that is the amount of fee they have to pay.
since the faucet payments consists of small payments they make a lot of dust in the wallet, and in the time of spending you have to pay a large fee to be able to do so.
Various faucets uses APIs from different sites to consolidate the earnings and allows the user to withdraw once it hits a limit or pay directly to their wallet. If not, you can find a legit wallet that does not requires fees and set the payout address as the address on that service, one known service is Xapo, they allow 0 fee withdrawals.
legendary
Activity: 1946
Merit: 1137
September 25, 2015, 04:14:13 AM
#17
At the beginning you should to start from small things.. Faucets have been created for new users to learn how crypto-world is working. Try to claim some free satoshi from faucets - check how everything is working and read - a lot! For sure don't invest in any fast growing (scams) investments. Do not try to win fast with crypto - it can be trap for newbies! Read, learn, ask and it will give you good base!

there is an ugly truth that everybody who have ever used faucets would learn when they want to spend these earnings. and that is the amount of fee they have to pay.
since the faucet payments consists of small payments they make a lot of dust in the wallet, and in the time of spending you have to pay a large fee to be able to do so.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 25, 2015, 04:06:24 AM
#16
At the beginning you should to start from small things.. Faucets have been created for new users to learn how crypto-world is working. Try to claim some free satoshi from faucets - check how everything is working and read - a lot! For sure don't invest in any fast growing (scams) investments. Do not try to win fast with crypto - it can be trap for newbies! Read, learn, ask and it will give you good base!

Well, i use a faucet for earn my first bitcoin(in satoshi), but in the end i realize if faucet waste my time, i just get a dusk.
Better to sell your skill and earn bitcoin, sell your skill here: https://bitcointalk.org/index.php?board=52.0
member
Activity: 65
Merit: 10
September 25, 2015, 03:31:41 AM
#15
At the beginning you should to start from small things.. Faucets have been created for new users to learn how crypto-world is working. Try to claim some free satoshi from faucets - check how everything is working and read - a lot! For sure don't invest in any fast growing (scams) investments. Do not try to win fast with crypto - it can be trap for newbies! Read, learn, ask and it will give you good base!
legendary
Activity: 2982
Merit: 4193
September 25, 2015, 03:19:35 AM
#14
BTC Should I continue to use Coinbase? Seems pretty popular and secure, but you can never be sure.
You should stop using Coinbase, or any web wallet. Those wallets are typically not secure, and they don't give you access to your private keys, meaning that the service can spend the Bitcoin for you should they wish to do so. Instead go with a desktop wallet. If you want something quick and easy to use, I recommend Electrum. If you want security, I recommend Bitcoin Armory. However, Bitcoin Armory, like Bitcoin Core, will need to download the full blockchain which takes up 40+ Gb of space.

What's wrong with blockchain.info? I find it easy to use, simple and seems secure enough. It also syncs for you!
Blockchain.info is considered an web wallet which allows users to control their private key. It is theoretically secure enough as they release the source code and all private keys are secured on their server. However, the main problem is that they have a bad track record [1][2] which has caused many users to lose their BTC and many of their addresses got hacked. There is also no way to proof that the private keys are secured on their server.

[1]https://www.reddit.com/r/Bitcoin/comments/37oxow/the_security_issue_of_blockchaininfos_android/
[2]http://blog.blockchain.com/2014/12/08/blockchain-info-security-disclosure/
sr. member
Activity: 392
Merit: 251
September 25, 2015, 03:12:00 AM
#13
BTC Should I continue to use Coinbase? Seems pretty popular and secure, but you can never be sure.
You should stop using Coinbase, or any web wallet. Those wallets are typically not secure, and they don't give you access to your private keys, meaning that the service can spend the Bitcoin for you should they wish to do so. Instead go with a desktop wallet. If you want something quick and easy to use, I recommend Electrum. If you want security, I recommend Bitcoin Armory. However, Bitcoin Armory, like Bitcoin Core, will need to download the full blockchain which takes up 40+ Gb of space.

What's wrong with blockchain.info? I find it easy to use, simple and seems secure enough. It also syncs for you!
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
September 25, 2015, 01:49:43 AM
#12
-snip-
Now.
For questions on what I should do/start doing to improve my BTC career!

BTC Should I continue to use Coinbase? Seems pretty popular and secure, but you can never be sure.

BTC Are miners worth it? I mean, they are super expensive and I am not even looking at trying to get profit out of these things.

BTC You can see that I have a tad of BTC, with more in escrow. What should I do to get more? I want to be active here and get more, so I can invest in the network, the community and my future! What do you recommend?

BTC I am very good at betting, but most casinos aren't too good. Does anyone have a good casino they can link me?

BTC I am also a fan of investing. Is there anything I can invest in, to help stuff, and receive the same amount back, plus possible profit?

BTC Anything else, leave below!

Thanks guys!

x_Molotov BTC

1. Coinbase is basically bitcoin exchanger, but at once they have a web wallet service, i personally will use coinbase for excahnge only, keep your coins there for long term is too risky.

2. Mining bitcoin now is not profit except you have mining farm, because the difficult is always increased.

3. Just don't invest in investment which can double your coins fast. If you want earn bitcoin you can go to work for bitcoin: https://bitcointalksearch.org/topic/--985550
Join sig campaign: https://bitcointalksearch.org/topic/overview-of-bitcointalk-signature-ad-campaigns-last-update-01-jan-23-615953

4. I'm not gamble, but my favorite gambling site is PrimeDice, also they always held a giveaway for a member, the prize is pretty high too.

5. Maybe it will help: https://bitcointalksearch.org/topic/list-popular-sites-to-invest-bitcoins-1136572 but you need research first before do investing. Don't invest if you can't afford to lose.
legendary
Activity: 2982
Merit: 4193
September 24, 2015, 11:56:27 PM
#11
I keep hearing people say don't use online wallets, what they don't seem to realize is that these online services play a vital role in opening up Bitcoin to the masses. They make using BTC simple, non-technical and available to people who aren't computer savvy. Your BTC will never be 100% safe no matter where you keep it. For me personally, I find that the advantages of having my BTC online far outweigh the risks.
Online wallets are quite alright, if they are well known. The only bad thing about it is that you would not be able to control your private key and if it comes under attack, you would have to wait to claim your BTC. By using an online wallet that gives you your own private key, it would be more secure but not as secure if anyone else knows your private key. (Do not use Blockchain.info though) An online wallet could easily succeed in a double spend attack since the user would most likely only be relying on the website for their transaction. SPV Clients like multibit and electrum are also userfriendly and offers much more security.
legendary
Activity: 1946
Merit: 1137
September 24, 2015, 09:25:02 AM
#10
I keep hearing people say don't use online wallets, what they don't seem to realize is that these online services play a vital role in opening up Bitcoin to the masses. They make using BTC simple, non-technical and available to people who aren't computer savvy. Your BTC will never be 100% safe no matter where you keep it. For me personally, I find that the advantages of having my BTC online far outweigh the risks.

the correct suggestion is "not to keep a lot of bitcoin in an online wallet".
it is a well known fact that they are the least safe bitcoin wallets among all other wallets. what i suggest to others is to make an offline wallet using any wallet that they like (i used Electrum) and keep majority of their coins which they want to hold for long term there.
and the rest which they need to access anytime, you can keep at online wallet
legendary
Activity: 1148
Merit: 1000
September 24, 2015, 06:15:57 AM
#9
I keep hearing people say don't use online wallets, what they don't seem to realize is that these online services play a vital role in opening up Bitcoin to the masses. They make using BTC simple, non-technical and available to people who aren't computer savvy. Your BTC will never be 100% safe no matter where you keep it. For me personally, I find that the advantages of having my BTC online far outweigh the risks.
newbie
Activity: 20
Merit: 0
September 24, 2015, 06:08:08 AM
#8
I recommend greenaddress Smiley
legendary
Activity: 3206
Merit: 1069
September 24, 2015, 03:06:06 AM
#7
I am going to buy some of these hi rate PoS coins. I found this new one here https://bitcointalksearch.org/topic/ann-sprouts-sha256-pospow-10-at-5-days-1103868 it seems like it is off to a good start. With rates like that, profits should be easy enough.

it's seems a good opportunity, this particular coin has 2% each day of interest if you invest 1 btc in it you can earn 0.02 each day which is better than any mining, but about security i don't know, those coins die fast
full member
Activity: 164
Merit: 100
Zap.org - Data Feed Oracle Marketplace
September 23, 2015, 08:47:20 AM
#6
save your money and dont make investment at hyip, ponzy, or gambling methode
just doing your virtual money management well and get some profit from trading..
newbie
Activity: 33
Merit: 0
September 23, 2015, 12:04:07 AM
#5
BTC Should I continue to use Coinbase? Seems pretty popular and secure, but you can never be sure.

BTC Are miners worth it? I mean, they are super expensive and I am not even looking at trying to get profit out of these things.

BTC You can see that I have a tad of BTC, with more in escrow. What should I do to get more? I want to be active here and get more, so I can invest in the network, the community and my future! What do you recommend?

BTC I am very good at betting, but most casinos aren't too good. Does anyone have a good casino they can link me?

BTC I am also a fan of investing. Is there anything I can invest in, to help stuff, and receive the same amount back, plus possible profit?
Hmm try to use another wallet, try use wallet like multibit..

Becarefull if you playing a gambling, just leave it Cheesy

Do not invest your money on HYIP or ponzi, or you wont see your money again



sr. member
Activity: 266
Merit: 250
September 22, 2015, 11:21:33 PM
#4
Quote
Should I continue to use Coinbase? Seems pretty popular and secure, but you can never be sure.
no coinbase is not secure, will give our info to the authorities if they come knocking, use blockchain.info

Quote
Are miners worth it? I mean, they are super expensive and I am not even looking at trying to get profit out of these things.
no, they are not

Quote
You can see that I have a tad of BTC, with more in escrow. What should I do to get more? I want to be active here and get more, so I can invest in the network, the community and my future! What do you recommend?
use it just as how you would use normal money, remember, this is just another currency

Quote
I am very good at betting, but most casinos aren't too good. Does anyone have a good casino they can link me?
dont even think about it

Quote
I am also a fan of investing. Is there anything I can invest in, to help stuff, and receive the same amount back, plus possible profit?
you can make your own faucet and earn from ad revenue, much better than gambling and mining

Quote
Anything else, leave below!



member
Activity: 65
Merit: 10
September 22, 2015, 10:47:02 PM
#3
I am going to buy some of these hi rate PoS coins. I found this new one here https://bitcointalksearch.org/topic/ann-sprouts-sha256-pospow-10-at-5-days-1103868 it seems like it is off to a good start. With rates like that, profits should be easy enough.
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