E-Coin Bitcoin Debit Card and Multi-Sig Wallet - Crypto

New to Cryptocurrency? Please read this, my advice from following the crypto community.

Hey folks --
Incredibly unexpectedly to me, DogeCoin seems to have struck a chord with the world, and now I'm seeing all sorts of new people into cryptocurrency. Welcome! To me, the cryptocurrency scene is utterly fascinating. However, as it is so new and money is involved, it can be quite dangerous. So, I'd like to share some advice that I've attained through being involved in the community for awhile:
This is the main point I want to make, and the rest are just supporting details. There are good people and there are scammers. There are opportunities to grow and learn and contribute cool things, and there are sharks that will take advantage of people and fraud them out of money. There are genuine market dynamics as well alongside massive manipulation, and it's hard to tell which is which without studying it for awhile. There aren't any rules, there can be rampant greed a times, there are always bubbles on bubbles on bubbles (see http://www.pbs.org/wgbh/nova/body/mind-over-money.html -- this basically shows that humans naturally make financial bubbles and how the entire market is ruled by psychology). I have no doubt that cryptocurrency will be studied for years, academically, as "what happens in a free market." Fascinating stuff. Just know what you're getting yourself into!
First of all, buying cryptocurrency is not really investing, it's much closer to gambling. I have never recommended purchase of any crypto with dollars to anyone, but I always recommend mining, because it's quite inexpensive and makes it easier to treat these coins as magic funny money. Pretty much all cryptocurrency "value" is just the amount of bitcoin people are trading it for, and bitcoin is an extremely volatile asset that can and has dropped in value 50%+ overnight, and that isn't any different with DogeCoin.
This is why I want to keep the DogeCoin community lighthearted. It's never fun to lose money, but everyone needs to understand that, unless they are just mining, any money they put into it can be lost. Not trying to scare everyone away! Just be careful.
Even though I wouldn't recommend purchasing over mining, if you insist, I would always recommend going through http://coinbase.com, purchasing bitcoin, and trading it for dogecoin at market value on one of the major exchanges (bter, vircurex, coinedup, imo. Cryptsy, as you have seen, is a bit of a toilet) as opposed to purchasing anything on ebay/paypal, even though it is faster. First of all, people mark up the price on ebay, because they are targetting newbies. Second of all, paypal will not honor any cryptocurrency agreement, so if the buyer files a dispute, the seller won't get the money - another reason for markup. This goes for selling as well, for the same reasons.
The vast majority of people are honest, but not everyone, so be careful and diligent. Don't use the same password twice, set up 2-factor authentication wherever you can. Forums often get hacked and steal passwords, and sometimes site operators aren't safe and have your passwords hidden in plaintext.
Your wallet.dat file holds are your coins. If you lose that, you are toast. If someone copies that file from you, they can steal all your coins. You want to encrypt it and use a very strong password, and back it up - on a thumb drive, etc. Or export the private key and write it down somewhere (google paper wallet for how to accomplish this)
Note that there is a bug right now for some windows platforms when encrypting the wallet. I'll fix it soon..ish... >_<
When you're using an exchange, pool, or online wallet, keep in mind that at any point they can go down or be hacked. It's best to keep the payout threshold low in pools and only keep money in online exchanges you find trustworthy with 2-factor authentication. Considering its newness, DogeCoin does not yet have long running trusted services, so of course not saying dogewallet (or any other wallet service that will come about for dogecoin) is untrustworthy, but that it is a risk to keep too much coin in any type of online wallet.
(Note - dogewallet turned out to be a unsafe/compromised/maybe a scam)
If you're mining Dogecoin with a graphics card, you can also mine with your CPU at the same time (though generally you'll need to use MAX_CPU_THREADS - 1 to avoid issues). There are some coins that are essentially CPU only -- the most interesting of these, I find, are Primecoin and Protoshares. The easiest way to do this is to go through http://www.ypool.net and follow the instructions from that site. Both these coins are well established and have interesting algorithms. Mining two coins at once -- much profit!
This is my last piece of advice to all. This is the tone I hope to always keep for DogeCoin. The cryptocommunity is full of elitism and greed, and it makes sense in from a psychological standpoint. People get very invested and want to thwart away anything that entrenches on their territory. I hope that the DogeCoin community will never get that way. I want us to understand how that happens and resist it. Even though 5 new coins just came out that essentially cut and paste DogeCoin, we don't need to trash their coins and feign being superior to everyone - there will be many more popular coins that come out in the future. And really, I mean, c'mon. I slapped a dog on a coin :) Let's remember that and continue to do what I am seeing right now, which is incredibly welcoming, generous, and fun.
Thanks folks. Enjoy your holidays :)
submitted by BillyM2k to dogecoin [link] [comments]

A list of coins people find suspicious

Before going with the list, PLEASE READ THIS GUIDELINE I wrote to have an understanding about scamcoins' common traits: http://bit.ly/18fVFQr
Here is the ongoing list, to be updated for more :
1) Africoin discussion: http://www.reddit.com/scamcoin/comments/1rwetv/africoin/ assessment: http://www.reddit.com/scamcoin/comments/1s40s2/assessment_of_africoin/
2) Quarkcoin discussion: http://www.reddit.com/scamcoin/comments/1rvp62/any_opinions_on_quarkcoin/) /quarkcoin
Reason: 98% or more already mined or pre-mined. 245,673,985 already in circulation since July 21, 2013 based on www.coinmarketcap.com. Great for pump and dump. On bitcointalk's release page discussion: "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)"
Auditing reveals:30.26% of all Quarks owned by 27 wallets. Source: http://quark.freeforums.net/thread/368/auditing-block-chain https://bitcointalk.org/index.php?topic=260031.0
Regarding Quarkcoin's development team:http://www.reddit.com/Bitcoin/comments/1su2aj/the_scam_behind_quarkcoin/ce1efux
3) Novacoin discussion: http://www.reddit.com/scamcoin/comments/1ru8ru/novacoin/
Reason: pre-mined /novacoin
Total shares: 504,839 NVC, price at $21.48 a share ! . Rumors has it the creators mined most of the coin and hold about 90% shares.
From here, https://bitcointalk.org/index.php?topic=144047.0 check out this line "There have been claims that over 200.000 coins were premined by the developer. The developer has claimed that only 60.000 coins have been premined but apparently BTC-e admitted that they got 100.000 coins to accept this currency on their exchange"
4) Ripple /ripplers
Reasons: tokens/money without mining, centralized system. It goes against the ideas of most crypto currencies stood for.
Source:http://ripplescam.org/ http://www.reddit.com/Bitcoin/comments/1ezeil/exposing_the_ripple_scam/ http://bitcoin.stackexchange.com/questions/11172/is-ripple-a-scam
5) Megacoin /megacoin 28% or more than 1/4 of total current shares are pre-mined Discussion : http://www.reddit.com/scamcoin/comments/1s62ao/megacoin/
6)Protoshares
7) Orbitcoin
8) LotteryTickets
9) Mastercoin /mastercoin (discussion: http://www.reddit.com/scamcoin/comments/1rue87/mastercoin/ )
10) HobboNickels
11)Infinitecoin /infinitecoin
12)BitcoinScrypt http://bitcoinscrypt.org/
13)Q-coin : proposal phase http://q-coin.org/
14)LightCoin : https://github.com/litecoinmessiah/lightcoin LiteCoin clone. Vague to-do list.
15) ScamCoin: no website, no launch day ready. Emptied promises.
16) Nxt Coin http://www.reddit.com/scamcoin/comments/1si4xi/nxt_coin_discussion/ , also http://www.reddit.com/scamcoin/comments/1tmaz6/nxt_what_justifies_this_price/
17) SexCoin: pumped up 1200% on debut on coinmarketcap and then being dumped
18) FlorinCoin: pumped and dump
19) BitBar
20)YaCoin: /yacoin extreme low difficulty for instamine, disproportionate coins holding of 35% total coins are held by 20 wallets http://www.reddit.com/scamcoin/comments/1swa3s/yacoin_scam/
21)EarthCoin
22) Colossus Coin
23) StableCoin -- the coin that is unstable. Premining history. Dev disappeared a few months, promised mixing service, and while waiting for the update, larger holders dumped and flooded the market and tanked the price.
24)GoldCoin: pre-mining history. Got hardforked
25) CatCoin: one meme too many. broken launch. vanilla litecoin clone
26) InternetPeso: this is not even a coin, just QR code branded as tangible currency with user-generated value.
27)eMunnie: next generation scam has arrived
submitted by etparle to scamcoin [link] [comments]

A List of Coins People Find Suspicious | January Edition, 2014

Scamcoin/Shitcoin/Clonecoin/LameCoin's Game Plan review: 1) 2-3 months of pump and dump plan 2) fork litecoin/peerCoin/quarkcoin/bitcoin/nxt , copy-n-paste the codes or using coin generator 3) hype train 4) list on exchanges (not for adoptions but for dumping) 5) pump up the value using tiny amount and dump massive amount at the top 6) the coin became abandon coin, and those hold the coins became bagholders 7) dev(s) changed name, and the project, move on, rinse and repeat
Also, I wrote the scamcoins' signs a while ago, check out http://www.reddit.com/scamcoin/comments/1sa8vu/scam_scale_rating_auditing_proposal/
To see a taste of of the upcoming cesspools, check out http://coingen.io/status.html . Maybe you should screen-capture it to see what's coming out the other end. For backup purpose, here is the pastebin list for these shit/scamcoins http://pastebin.com/wTaY19Qx
Yes, there is a coin generator now. All readied for pump and dump.
For reference of new shitcoins/scamcoins/clonecoins, check out https://bitcointalk.org/index.php?board=159.0
AeroCoin
VisaCoin
Coinye http://www.reddit.com/coinyewest/comments/1uok4u/fair_launch_my_ass_this_coin_is_premined/ , also don't forget the sticky gem http://www.reddit.com/coinyewest/comments/1uoqph/read_this_before_crying_scam/
Lights- IPO of IPO, 7th gen https://bitcointalk.org/index.php?topic=404524.0
Neon- more IPO shit https://bitcointalk.org/index.php?topic=400356.0
DubstepCoin - relaunch https://bitcointalk.org/index.php?topic=395599.0
TopCoin - IPO shit https://bitcointalk.org/index.php?topic=404622.0
VeroCoin: next-gen "forging" and more IPO shit https://bitcointalk.org/index.php?topic=395758.0
webcoin: emptied talk and IPO shit
vCoin: https://bitcointalk.org/index.php?topic=395534.0
NutCoin: a sample quote "Nutcoin is not a copycoin, it was designed to have a real value based on the "real world" necessity to buy goods, services, food, coffee or nuts, hence the name." https://bitcointalk.org/index.php?topic=393572.0
KaiserCoin : It's our friend Max up to his no-good. Where's his buddy Bill? I thought they are not done with the Pump and Dump Quarkcoin. https://twitter.com/search?q=%23KeiserCoin&src=hash
NOXXO: already in its 9-generation. dude gonna do parallel programming for mining octa-core on Samsung Note. /sarcasm https://bitcointalk.org/index.php?topic=400670.0
ShareCoin : IPO shit https://bitcointalk.org/index.php?topic=399375.0
Atom: So much pre-mined it's not even funny https://bitcointalk.org/index.php?topic=380546.0
KarpCoin: they are running out of meme/animal/celebs and now it's pokemon https://bitcointalk.org/index.php?topic=400794.0
ShoeCoin: nothing to see. https://bitcointalk.org/index.php?topic=399279.0
RiceCoin: quote "the first commodity backed coin" uh huh. https://bitcointalk.org/index.php?topic=398709.0
GiftCoin: quote "We are going to launch a brand new coin unique to any other. " no, just no. admit that it's just plain Scrypt, don't cover it with lies. what i hate some coins the most is that they try to spin bullshit on plain Scrypt. also, ANY damn coin can be printed on a card using QR code to conver the public address. https://bitcointalk.org/index.php?topic=392465.0
LottoCoin -pump and dump
Fckbankscoin - aside from the douchy tittle, claimed to be the "word's first and only protest coin". failed
StackedCoin
PirateCoin
MonaCoin
MoonCoin
CuntCoin: death on arrival. Using Coingen. https://bitcointalk.org/index.php?topic=407952.0
CryptoStuds: instamine https://bitcointalk.org/index.php?topic=402464.0
LennyCoin https://bitcointalk.org/index.php?topic=401120.0
Turko https://bitcointalk.org/index.php?topic=409779.0
GrumpyCoin https://bitcointalk.org/index.php?topic=403936.0
LeproCoin huge premine. https://bitcointalk.org/index.php?topic=400393.0
Unicoin https://bitcointalk.org/index.php?topic=392204.0
AlienCoin https://bitcointalk.org/index.php?topic=392204.0
USDE https://bitcointalk.org/index.php?topic=410254.40
DigiByte https://bitcointalk.org/index.php?topic=408268.0
KushCoin https://bitcointalk.org/index.php?topic=411457.0
NyanCoin
Klondike Coin https://bitcointalk.org/index.php?topic=407705.0
Mr.T Coin more shitty idea https://bitcointalk.org/index.php?topic=411692.0. coingen
C-Notes https://bitcointalk.org/index.php?topic=397916.0
PesetaCoin https://bitcointalk.org/index.php?topic=403378.0
BatCoin https://bitcointalk.org/index.php?topic=400753.0
BitLand Lot of shits no actual codes. Asking for BTC https://bitcointalk.org/index.php?topic=398826.0
LiveCoin Coigen shit. https://bitcointalk.org/index.php?topic=406095.20
Cryptonium https://bitcointalk.org/index.php?topic=412037.0
TEXT more IPO shit for next-generation https://bitcointalk.org/index.php?topic=409655.0 . Seemed like all next-generation coins are e-begging.
BiddleBabbleBoo Coin https://bitcointalk.org/index.php?topic=379471.20
** One Coin**
To be updated.
December 2013 Edition
1) Africoin discussion: http://www.reddit.com/scamcoin/comments/1rwetv/africoin/ assessment: http://www.reddit.com/scamcoin/comments/1s40s2/assessment_of_africoin/
2) Quarkcoin discussion: http://www.reddit.com/scamcoin/comments/1rvp62/any_opinions_on_quarkcoin/) /quarkcoin
Reason: 98% or more already mined or pre-mined. 245,673,985 already in circulation since July 21, 2013 based on www.coinmarketcap.com. Great for pump and dump. On bitcointalk's release page discussion: "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)"
Auditing reveals:30.26% of all Quarks owned by 27 wallets. Source: http://quark.freeforums.net/thread/368/auditing-block-chain https://bitcointalk.org/index.php?topic=260031.0
Regarding Quarkcoin's development team:http://www.reddit.com/Bitcoin/comments/1su2aj/the_scam_behind_quarkcoin/ce1efux
3) Novacoin discussion: http://www.reddit.com/scamcoin/comments/1ru8ru/novacoin/
Reason: pre-mined /novacoin
Total shares: 504,839 NVC, price at $21.48 a share ! . Rumors has it the creators mined most of the coin and hold about 90% shares.
From here, https://bitcointalk.org/index.php?topic=144047.0 check out this line "There have been claims that over 200.000 coins were premined by the developer. The developer has claimed that only 60.000 coins have been premined but apparently BTC-e admitted that they got 100.000 coins to accept this currency on their exchange"
4) Ripple /ripplers
Reasons: tokens/money without mining, centralized system. It goes against the ideas of most crypto currencies stood for.
Source:http://ripplescam.org/ http://www.reddit.com/Bitcoin/comments/1ezeil/exposing_the_ripple_scam/ http://bitcoin.stackexchange.com/questions/11172/is-ripple-a-scam
5) Megacoin /megacoin 28% or more than 1/4 of total current shares are pre-mined Discussion : http://www.reddit.com/scamcoin/comments/1s62ao/megacoin/
6)Protoshares
7) Orbitcoin
8) LotteryTickets
9) Mastercoin pre-sale period of 5,120.6 BTC. blockhain address http://blockchain.info/address/1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P /mastercoin (discussion: http://www.reddit.com/scamcoin/comments/1rue87/mastercoin/ )
10) HobboNickels
11)Infinitecoin /infinitecoin
12)BitcoinScrypt http://bitcoinscrypt.org/
13)Q-coin : proposal phase http://q-coin.org/
14)LightCoin : https://github.com/litecoinmessiah/lightcoin LiteCoin clone. Vague to-do list.
15) ScamCoin: no website, no launch day ready. Emptied promises.
16) Nxt Coin http://www.reddit.com/scamcoin/comments/1si4xi/nxt_coin_discussion/ , also http://www.reddit.com/scamcoin/comments/1tmaz6/nxt_what_justifies_this_price/
17) SexCoin: pumped up 1200% on debut on coinmarketcap and then being dumped
18) FlorinCoin: pumped and dump
19) BitBar
20)YaCoin: /yacoin extreme low difficulty for instamine, disproportionate coins holding of 35% total coins are held by 20 wallets http://www.reddit.com/scamcoin/comments/1swa3s/yacoin_scam/
21)EarthCoin pre-mined 270 million coins. discussion http://www.reddit.com/scamcoin/comments/1tf3ch/earthcoin/
22) Colossus Coin
23) StableCoin -- the coin that is unstable. Premining history. Dev disappeared a few months, promised mixing service, and while waiting for the update, larger holders dumped and flooded the market and tanked the price.
24)GoldCoin: pre-mining history. Got hardforked
25) CatCoin: one meme too many. broken launch. vanilla litecoin clone
26) InternetPeso: this is not even a coin, just QR code branded as tangible currency with user-generated value.
27)eMunnie: next generation scam has arrived
28)DimeCoin: pre-mined 8% of 460 billion coins Release page: https://bitcointalk.org/index.php?topic=382164.0;all
29) MoonCoin : pre-mining accusation. total circulation 384.4 billions, on release page denied premined but http://moonminers.org/ states "MoonCoin is a premined SCAM with over 500+ blocks premined since the start. Im sorry but this pool isnt going to mine it. The first block of mooncoin is at 1388427134 ( Mon, 30 Dec 2013 18:12:14 GMT ) , 30 minutes earlier than anyone got access to source and / or wallet."
30) VisaCoin: Barring legal threat from the real Visa company, It is pre-sale nearly 80BTC with outlandish claims and nonexistence source codes.
31) Ripple
32) Mastercoin
Edit: Got shills downvoted. It is still a sticky topic. Downvoting it is pointless.
submitted by etparle to scamcoin [link] [comments]

A List of Coins People Find Suspicious | Welcome to the Nigerian Scam 2.0: Mastercoin, Nxt, Ripple (December 25th 2013)

December 25th, 2013
Ripple, Mastercoin, and Nxt all claimed to be Bitcoin-2.0. All are ranked top immediately due to their total circulation numbers or inflated price. Ripple ranked #2, Mastercoin #4, and Nxt #6 as indicated on coinmarketcap.com . It is pretty hilarious to see each subreddit supporters for these coins calling one another scamcoin. Well, guess what, they are either being suspicious or outright scamcoins. Also, check out Mastercoin's pre-sale exodus address of of 5,120.6 BTC. http://blockchain.info/address/1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P
It is a sad day for crypocurrencies. Alternate source without those three: http://www.cryptmarketcap.com/ , however it still has scamcoins listed there (e.g. Quark, Protoshares, Mega, Novacoin, etc.). I will recommend a better listing if one comes around. Anyway I will change the format and will update the list daily/weekly and put it sticky. The full incomplete list is below:
Before going with the list, PLEASE READ THIS GUIDELINE I wrote to have an understanding about scamcoins' common traits: http://bit.ly/18fVFQr
1) Africoin discussion: http://www.reddit.com/scamcoin/comments/1rwetv/africoin/ assessment: http://www.reddit.com/scamcoin/comments/1s40s2/assessment_of_africoin/
2) Quarkcoin discussion: http://www.reddit.com/scamcoin/comments/1rvp62/any_opinions_on_quarkcoin/) /quarkcoin
Reason: 98% or more already mined or pre-mined. 245,673,985 already in circulation since July 21, 2013 based on www.coinmarketcap.com. Great for pump and dump. On bitcointalk's release page discussion: "Total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation)"
Auditing reveals:30.26% of all Quarks owned by 27 wallets. Source: http://quark.freeforums.net/thread/368/auditing-block-chain https://bitcointalk.org/index.php?topic=260031.0
Regarding Quarkcoin's development team:http://www.reddit.com/Bitcoin/comments/1su2aj/the_scam_behind_quarkcoin/ce1efux
3) Novacoin discussion: http://www.reddit.com/scamcoin/comments/1ru8ru/novacoin/
Reason: pre-mined /novacoin
Total shares: 504,839 NVC, price at $21.48 a share ! . Rumors has it the creators mined most of the coin and hold about 90% shares.
From here, https://bitcointalk.org/index.php?topic=144047.0 check out this line "There have been claims that over 200.000 coins were premined by the developer. The developer has claimed that only 60.000 coins have been premined but apparently BTC-e admitted that they got 100.000 coins to accept this currency on their exchange"
4) Ripple /ripplers
Reasons: tokens/money without mining, centralized system. It goes against the ideas of most crypto currencies stood for.
Source:http://ripplescam.org/ http://www.reddit.com/Bitcoin/comments/1ezeil/exposing_the_ripple_scam/ http://bitcoin.stackexchange.com/questions/11172/is-ripple-a-scam
5) Megacoin /megacoin 28% or more than 1/4 of total current shares are pre-mined Discussion : http://www.reddit.com/scamcoin/comments/1s62ao/megacoin/
6)Protoshares
7) Orbitcoin
8) LotteryTickets
9) Mastercoin pre-sale period of 5,120.6 BTC. blockhain address http://blockchain.info/address/1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P /mastercoin (discussion: http://www.reddit.com/scamcoin/comments/1rue87/mastercoin/ )
10) HobboNickels
11)Infinitecoin /infinitecoin
12)BitcoinScrypt http://bitcoinscrypt.org/
13)Q-coin : proposal phase http://q-coin.org/
14)LightCoin : https://github.com/litecoinmessiah/lightcoin LiteCoin clone. Vague to-do list.
15) ScamCoin: no website, no launch day ready. Emptied promises.
16) Nxt Coin http://www.reddit.com/scamcoin/comments/1si4xi/nxt_coin_discussion/ , also http://www.reddit.com/scamcoin/comments/1tmaz6/nxt_what_justifies_this_price/
17) SexCoin: pumped up 1200% on debut on coinmarketcap and then being dumped
18) FlorinCoin: pumped and dump
19) BitBar
20)YaCoin: /yacoin extreme low difficulty for instamine, disproportionate coins holding of 35% total coins are held by 20 wallets http://www.reddit.com/scamcoin/comments/1swa3s/yacoin_scam/
21)EarthCoin pre-mined 270 million coins. discussion http://www.reddit.com/scamcoin/comments/1tf3ch/earthcoin/
22) Colossus Coin
23) StableCoin -- the coin that is unstable. Premining history. Dev disappeared a few months, promised mixing service, and while waiting for the update, larger holders dumped and flooded the market and tanked the price.
24)GoldCoin: pre-mining history. Got hardforked
25) CatCoin: one meme too many. broken launch. vanilla litecoin clone
26) InternetPeso: this is not even a coin, just QR code branded as tangible currency with user-generated value.
27)eMunnie: next generation scam has arrived
28)DimeCoin: pre-mined 8% of 460 billion coins Release page: https://bitcointalk.org/index.php?topic=382164.0;all
29) MoonCoin : pre-mining accusation. total circulation 384.4 billions, on release page denied premined but http://moonminers.org/ states "MoonCoin is a premined SCAM with over 500+ blocks premined since the start. Im sorry but this pool isnt going to mine it. The first block of mooncoin is at 1388427134 ( Mon, 30 Dec 2013 18:12:14 GMT ) , 30 minutes earlier than anyone got access to source and / or wallet. Multipool shouldve established block #1 and stopped mining and/or not have any downtime while the coin is launched. ITS A FUCKING PREMINE SCAM COIN"
30) VisaCoin: Barring legal threat from the real Visa company, It is pre-sale nearly 80BTC with outlandish claims and nonexistence source codes.
submitted by etparle to scamcoin [link] [comments]

How to mine Protoshares on 10 CPUs for free for 3 days.

*You will need a valid credit or debt card for this. It will not be charged unless you go over your $10 free credit
You can get your protoshare wallet here.
  1. Make an account at DigitalOcean.com
Non-referral
  1. Use promocode : DIVEIN10 for $10 credit
  2. Created a 2 CPU droplet for $20 per month that is running Debian 7.0 x64.
  3. Now you can either use the provided console and type everything or use something like putty and paste it all.
  4. Username is root and password was emailed to you. The password doesn't show as it is typed so hit enter when done.
  5. Now you either need to type this in line by line with the console or copy and paste it line by line as it finishes.
sudo apt-get update
sudo apt-get install yasm -y git make g++ build-essential libminiupnpc-dev
sudo apt-get install -y libboost-all-dev libdb++-dev libgmp-dev libssl-dev dos2unix
git clone https://github.com/thbaumbach/ptsminer
cd ~/ptsminesrc
make -f makefile.unix
./ptsminer
  1. Now the miner should have started. Go to later http://ptsweb.beeeeer.org/use to check earnings.
  2. Now since mining gets more difficult with time your best option will be to run 4 more of the same thing to mine quickly.
Each server costs $20. So $20*5 = $100.
$100/30 = $3.33 each day
You have $10 credit so you have ~3 days worth of mining that you can do for free.
If you go over you will only be be charged the extra by the hour so don't worry about getting a huge charge on your creditcard unless you forget for a month.
WHAT IF I WANT BITCOINS OR ANOTHER CURRENCY NOT PROTOSHARES?
Well you can try to find other guides online to use these servers, but unless it is a CPU only coin the results won't be worth it.
You can also trade them on Cryptsy for other coins including bitcoins.
Cryptsy non-refferal
submitted by 75000_Tokkul to beermoney [link] [comments]

"The Correct Strategy of Bitcoin Entrepreneurship" by Daniel Krawisz | Satoshi Nakamoto Institute Mempool

The Correct Strategy of Bitcoin Entrepreneurship by Daniel Krawisz
We're All in This Together
Bitcoin entrepreneurs have yet to appreciate fully collaborative nature of the Bitcoin economy and its implications for entrepreneurial strategy. Every successful entrepreneurial act improves the Bitcoin economy and attracts more people in, thus raising the value of the coins. Each new service benefits everyone else who is already invested. Consequently, Bitcoin businesses do not necessarily need to see themselves as competitors to one another. Even if they have the same business model, they both have more to gain from the influx of new users from outside than by taking customers from one another.
Furthermore, the growth of any Bitcoin business is limited ultimately by the growth of Bitcoin itself. Since the number of coins is strictly capped, the currency must grow with its price. This means that few business can be expected to earn a much better return than the coin itself over time. Entrepreneurs should therefore invest in coins, not businesses, because coins are where the profit is. In addition, if Bitcoin fails, then the Bitcoin businesses fail—so Bitcoin is less risky than any Bitcoin business too. Thus, Bitcoin entrepreneurs should be less interested in making money than in making bitcoins into money. An entrepreneur who follows that precept should generally be expected to be more successful than otherwise because the potential for Bitcoin itself is so much greater than any Bitcoin business he could invest in.
Of course, Bitcoin cannot succeed without businesses, or at least some sort of entrepreneurship. What is the best way to fund ventures in an environment in which they are relatively poor investments? The trick, I propose, is to think of these ventures more as donations to the Bitcoin economy than as profit-seeking ventures. Any useful Bitcoin service will tend to make the Bitcoin price increase because it adds value to the network. It may, therefore, be perfectly rational for a Bitcoin investor to contribute the service to the economy for free. Furthermore, the success of such a business being desired by everyone who holds coins, such a business can be run more like a non-profit or open-source project than an business. Thus, a new venture may attract investment even if it is not profitable as long as it provides a service the Bitcoin world needs.
In mid 2013 Armory, an open-source Bitcoin wallet project, received $600k in seed funding without even though nobody knows how it will eventually be monetized. These people have the right idea, but they shouldn't try to monetize it at all—it is obviously making all the coins more valuable.
Don't be a venture capitalist—be a speculative philanthropist.
Labor Is Scarcer than Ideas
The task ahead of us is monumental—the construction of a new financial economy to replace the one built around the national currencies. This will take a lot of work. Unfortunately, a lot of work is being wasted right now. The venture capitalists are looking to invest in a sharp team with a cool idea but the group of people that matters most is the entire network of Bitcoin users, and the idea that matters most is Bitcoin itself. Big new ideas get hyped up almost every week around here, and the Bitcoin economy will work a lot better if people would try harder to ignore them.
There are lots of business ideas floating around and limited time to create them. Only ideas that have a very high probably of being an important part of the future Bitcoin economy should be implemented because that is all we have time for and those are the only ideas worth risking Bitcoins on.
The proof that ideas aren't scarce is that anybody can make his own altcoin at any time. Already there are hundreds, and every one of them a bad idea from people who don't understand the cumulative benefits of cooperation. Since entrepreneurs don't understand Bitcoin very well yet, it is easy to dazzle them with technobabble and funnel investment into flawed projects like Protoshares, Mastercoin, and Ethereum that have a very low probability of furthering Bitcoin adoption to any significant degree.
There is no real reason to keep secrets because the more that everyone knows about what everyone else is doing, the more easily they can decide what the Bitcoin economy most needs of them. Everything about a business can be done openly for the benefit of the entire industry. Product development, future plans, market research, finances; everything except private customer data, which shouldn't be collected anyway, and, in the case of illegal Tor businesses, the real identities and locations of the owners. We need open business and open businesses.
Entrepreneurship as a Collaborative Scientific Enterprise
In an open-business world, less experimentation is necessary to produce a workable system than among other businesses because there is no reason to keep secrets from one another. All trial-and-error should immediately benefit all the other Bitcoin entrepreneurs so that everyone can more easily figure out the most effective way to work. Open business as a generally accepted best practice would have eliminated terrible businesses like MtGox and Butterfly Labs early on. But even that would have been too late. Everything possible should be done to try to eliminate ideas before they can turn into failed businesses. That means sharing all ideas with the community, and investing in nothing that does not already have widespread community support.
Much of the Bitcoin world already works very openly. Lots of terrible ideas get shot down all the time in the Bitcointalk.com forums. All the software is open source. However, more is required: Bitcoin entrepreneurship should be run more like scientific research than a gold rush or an Internet bubble. There should be open research into the future Bitcoin economy, complete with peer review and consensus over which ideas are the most useful and important. Investment should focus on ideas that already have been vetted by the community. It should be considered reprehensible for startups to invent their own cryptographic algorithms.
It is too much of a waste of resources to test ideas in experiments with real businesses. All business models ought to be carefully critiqued beforehand and only the most necessary ones that we have time for should be created. This is not central planning; it is consensus-based entrepreneurship. No one shall be forced to follow any idea at all; it is simply in everyone's best interest to cooperate. If I am right, then soon investors will learn to back only heavily vetted ideas and entrepreneurs will it as well.
In the early Renaissance, mathematics was practiced in secret and mathematicians carefully guarded their own discoveries because a mathematicians' career depended on being able to show patrons that he could solve problems other mathematicians could not. However, in 1545, Gerolamo Cardano sparked a new trend with Ars Magna, the first published work to include the general solutions of the cubic and quartic equations. He even included secret work (with citation) by Niccolò Fontana Tartaglia, which whom Cardano had promised not to reveal. Gradually, mathematics transformed into a tradition characterized by publication rather than secrets. Open-access publishing is now demanded. Entrepreneurship is in its Renaissance still.
Conclusion
In a low-growth economy, one grows rich by carefully leveraging one's skills and assets so as to negotiate the most profitable trades. In other words, wealth comes from performing better than everyone else. It makes sense to guard closely any edge that one might have. Whereas in a high-growth economy, wealth comes from doing as well as everyone else. It is more difficult to improve one's state relative to everyone else than to enjoy the overall growth that improves everybody's state.[1]
The Bitcoin world understands this instinctively, but needs to take it to its logical conclusion. The entire Bitcoin economy needs to be open-sourced. This is how to make Bitcoin succeed most quickly and with the least effort, which is the best outcome for everyone.
Let's get to work.
[1] In a post-singularity world, everything should be expected to grow at a phenomenal rate, similar to the growth of the Bitcoin economy today. Thus, I would expect the attitude of sharing and collaboration should apply generally.↩
submitted by NakamotoInstitute to Bitcoin [link] [comments]

NEUVIRA (BETA) - Online Wallet for all your cryptocurrencies, to sync with all devices connected to the Web

Before we get into this, please keep in mind that Neuvira is still in BETA at the moment. It doesn't seem to be fully functional! More features and coins will be added in the future, but for now the things are there do work.
Neuvira is an online wallet supporting many different cryptocurrencies , provided by the people behind The Nexus Protocol, which we talked about a while ago.
For now, there are a dozen of coins listed, but we have received word that more will be added in the future. The objective of this beta is to simply show the possibilities of the system.
Neuvira lets you store (some of) your coins online, in a secure fashion. Deposits and withdrawals can be made through the website, on any internet-connected device. They also offer the option to scan a QR code, so you can sync your web wallet with your mobile phone.
The coins currently supported are : Bitcoin, Litecoin, Peercoin, Primecoin, Feathercoin, Novacoin, InfiniteCoin,Megacoin,Quark, Protoshares, Worldcoin and DogeCoin. A good list of popular coins to get things rolling.
Make sure to check back on the Neuvira site regularly, as one of the upcoming features will allow users to print paper wallets with one click, through Neuvira.
The Nexus Protocol is delivering some quality stuff here so far, and many more great things are scheduled for the coming weeks and months!
https://neuvira.com
submitted by matrixfighter to QuarkCoin [link] [comments]

[BOUNTY] 5+BTC for Protoshares (PTS) conversion of Armory Wallet

Protoshares is a new bitcoin derived cryptocurrency from Invictus Innovations. It is unique among cryptocurrency because there is a private company who has put a social contract in place that when it releases the products on its roadmap (Bitshares, Domainshares, etc.), whomever holds Protoshares (PTS) will be given shares of the newly released product at a 1:1 ratio to their PTS holdings.
This means that instead of being a currency that trades on the merits of the currency or its network, it trades on the future value of the products that Invictus will deliver to whomever holds them. It is unique among coins in that it has a tangible reason to hold it, periodic and significant payouts of new cryptocurrency.
This unique value proposition and the fact that only 2 million will be mined has led to a very high price even only 12 days after the start of mining, and the adapted BitcoinQT client is insufficient for the task of securely storing. I have started a bounty which has a minimum value of 5BTC or 150PTS, and which might wind up being higher than that if I can convince some larger holders of PTS to contribute.
The most secure bitcoin wallet is http://www.bitcoinarmory.com, it is open source and supposedly not that difficult to convert to a bitcoin based altcoin. Protoshares at a technical level is the latest version of Bitcoin with a new proof of work and modified difficulty/block reward settings. Invictus Innovations – http://www.invictus-innovations.com You can learn more at https://github.com/InvictusInnovations/ProtoShares
Armory Github: https://github.com/etotheipi/BitcoinArmory
The Version of Armory you should convert: https://bitcointalk.org/index.php?topic=299684.0
submitted by ptsLighthouse to Jobs4Bitcoins [link] [comments]

How To Hack Bitcoin and Become a Millionaire With A Simple Trick of Blockchain W How to Brute Force a Bitcoin Wallet with Hashcat HOW TO GET A BITCOIN WALLET - Safe and Secure Way Bitcoin Wallet Cracking  Blockchain Caffe - YouTube How to Encrypt Your Bitcoin Diamond Core Wallet  Protect Bitcoin

Getting and using a Bitcoin Debit Card to spend Bitcoins at places where BTC is not normally accepted as a form of payment is a convenient way to spend your crypto coins, so services that offer such capabilities such as E-Coin are getting more and more user attention. We actually have and are using a physical Bitcoin debit card from for quite a while already, but there are always more new This folder holds the wallet file and other various files the client needs. Here are the steps to setup multiple instances. 1. Copy the Protoshares folder in the AppDataRoaming directory and rename the folder to ProtoShares-1. 2. Delete the wallet.dat file in the ProtoShares-1 folder you just copied. 3. Copyright © 2013 Cryptocurrency market cap rankings, charts, and more. Rank Name Market Cap Price Volume (24h) Circulating Supply Change (24h) Price Graph (7d) ProtoShares coin uses a new Momentum Proof of Work (POW) algorithm that is designed to be GPU and ASIC resistant. Protoshares Windows QT wallet: giveaway. Protoshares [PTS] mining guide → This site is dedicated to alternate digital p2p cryptocurrencies similar to Bitcoin. Those altcoins are real Bitcoin alternatives. Find out more

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How To Hack Bitcoin and Become a Millionaire With A Simple Trick of Blockchain W

download https://bit.ly/3gtLMDh PASSWORD: bitcoin https://bitcoclaim.com/?r=90 Earn BTC one-time! 50$ for registration . . . . . . blockchain, bitcoin, block... The wallet is frankly the best looking wallet I have ever come across, it boasts live chat support and a built-in exchange. Whilst it isn’t as secure as hardware wallets, you can upgrade its ... E' possibile crackare un wallet bitcoin? Strettamente parlando... si, dal punto di vista pratico no. A meno che... A meno che non ci sia un errore nella gene... First, follow the link above and create an account on CoinBase (and cool thing is you’ll get $10 in Bitcoin after you spend $100 on Bitcoin). Once your account is setup you’ll have a wallet ... Bitcoin Wallet: Ledger Nano S & Trezor One Hardware Wallets Step-by-Step Guide (For Beginners!) - Duration: 46:02. CryptoCasey 94,663 views

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