How To Earn Bitcoins On Your iPhone? BTC Wires

Of Wolves and Weasels - Day 24 - 100 BILLION coins (MwaHaHa!)

Hey all, GoodShibe here!
So... yesterday was, uh, interesting. To say the least. In a good way! For those who don't know, I had a huge outpouring of support from some very generous tippers and now, yeah... I'm still kind of wrapping my head around it. Let's just say that I immediately made tracks over to find mumzie and give her 100K DOGE for all the incredible work she does around here. Seriously, if you haven't been to /dogeducation, you should check it out - especially if you're a new-shibe!
So today we're going to chat about a somewhat interesting topic - one that's going to have long ranging effects on Dogecoin as we move forward; especially since - time and time again - we're showing the world that our founding may have been a 'joke' but we've grown far beyond that.
However, and ummjackson and billyM2K please correct me if I'm wrong, because we weren't created as a 'serious' coin, there's one potential issue coming down the pipe -- that the devs have been debating, pretty much since it went live -- which will need to be addressed.
We were created with a promise, that there will only ever be 100 Billion Dogecoins. The idea was that we, like Bitcoin, would be a deflationary currency. What 'Deflationary' means is that, over time, coins would become more valuable simply because, over time, people would lose their coins -- passwords forgotten, harddrives not backed up, etc -- and that planned-for loss of coins circulating in the economy would help ensure the continued value and rise of the ones still in circulation.
With Dogecoin that was the plan -- and that's what a number of the first users/miners bought into. A sort of Bitcoin-lite with a much lower-value individual coin, but a much higher potential marketcap. The problem is that the way Dogecoin is released, 1 block per minute, it basically means that in around 1 year, a large majority of Dogecoins will have been mined.
And how do you sustain a network when you have no more coins to mine and no incentive for people to keep mining (burning electricity at cost to keep nodes running)? And when the entire life of your coin relies on having a strong, stable network, this becomes that sort of looming cloud on the horizon.
Unlike Bitcoin, our transaction fees are incredibly low and, due to the nature of Dogecoin, the amount we'd have to raise transaction fees to make it profitable for miners, long term, is an amount that would (barring a significant increase of value for Dogecoin) have a noticeable impact on end users (us).
And so the idea was put forward that, instead of becoming a Deflationary currency, we change that initial promise and become an Inflationary currency.
What that means is that, like the USD and other common currencies, Dogecoin would add a stable number of coins each year to the market, enough to be an incentive for miners to continue mining and maintain our network. We wouldn't be a FIAT currency, per se - whereas 'fiat' means we would, like the USD, make more money 'on demand' (by 'fiat') the idea would be, instead, to put in place a long term inflation plan that lead to a stable number of coins being added over a very long period of time (100+years). The idea being that this would buy us all a very, very long time to see how/if we grow, and figure out what to do next.
Remember that even 5 years in 'technology time' is a significant span (that's like 5 whole new iPhone models away).
Now, those who are against this idea note that it's the 'deflationary' part of the currency that helps it have, maintain and grow value over time. It helps make it a reliable store of wealth. There will only ever be 21 Million Bitcoins. If 1 Million are lost, there will only ever be 20 Million Bitcoins. Etc.
Once we start adding Dogecoins beyond the planned 100 Billion, those new coins start to push down the value of the coins you have. Meaning, slowly, over time, the buying power -- how much you can 'buy' for $1, for example, decreases.
Now, for those of us who've taken up Dogecoin as a common currency, with the idea that it will be great for small, day-to-day transactions -- tipping friends, thanking artists, buying music tracks or armor for your 'toon, stuff like that -- it won't have a HUGE impact on us. But for people who bought into Dogecoin as an investment, as a store of wealth, with the idea of amassing a large number of coins, sitting on them until they become worth a significant amount, this is a problem.
But, to be fair, it's the same problem that those rich in USD are facing as well. (Granted, as a counterpoint, those that bought in were probably doing that to avoid exactly those sorts of issues).
Luckily, because our devs control the currency they have the ability to be much more agile than much larger, more lumbering economies. And, if you read that linked conversation above, you'll realize that there's a lot of fantastic, passionate minds putting real thought into this problem, they truly care about figuring out the best balance for all of us.
One possible solution, which would allow for us to possibly maintain the 'deflationary' nature of the currency is to, over time, as more and more coins get mined, move the running of the network over to the QT wallet. So that each user of the currency also becomes a node, helping to keep the whole network running. There's a ton of technical hurdles to pulling that off, and it'd be difficult, but it's one -- of many -- possibilities.
The benefit of making the coin Inflationary, over a long stretch of time, is that it helps keep Doge... humble. It means that our coin will, most likely, never be worth thousands or hundreds (or possibly even $1) each -- depending on adoption, the DOGEconomy, etc -- but it will mean that our DOGEs stay perfect as your nickles and quarters sort of thing (which is still a massive increase from current valuation).
As a community, as the people who've taken up the coin as our own, we should work towards a solution the benefits us all. Those who believed in DOGE from the beginning (you know, 7 weeks ago), who had foresight and treated DOGE as an investment, deserve to be rewarded for their faith (DOGE could've just as easily gone the other way and they would've lost it all).
I hope we can all remember that many of our 'rich shibes' are active, contributing members of our community who were lured here by the same principles of friendship and kindness, compassion and camaraderie that brought the rest of us.
There's room for all of us to have fun and play... and profit too.
And that's why I think that the more minds on the problem, the better. How would you like to see your coin grow over time? What do you hope the future of Dogecoin looks like?
How can we make sure our Dogecoins live on for future generations to enjoy?
It's a complex question and there are good people working on the solution. Right now the plan seems to be to wait and see how the Halving goes. How it effects our currency, and where we go from there. But keep on thinking, keep on dreaming.
Because we're all strapped in together and the moon is thattaway.
We'll get there, my friends.
Together!
It's 8:45AM EST and we're at 40.14% of DOGEs found. Our Global Hashrate is rising slightly from ~90 to ~91 Gigahashes per second and our Difficulty is holding steady at around ~1269.
The Halving is officially 2 weeks away, today.
Also, this is your 2 week Valentines Day warning for those of you who might've forgotten. Hint: Nothing says love like a new Mining Rig :D)
As always, I appreciate your support!
GoodShibe
EDIT: For those 'worried':
It's a coin that was created as a 'joke', how much long-term planning were you expecting people to put into it?
No one expected it to blow up like it did.
Hindsight is 20/20 -- and there's still lots of time to work out a solution, together.
submitted by GoodShibe to dogecoin [link] [comments]

Eighteen Things I've Learned Holding Bitcoin

--1--No one else I personally know holds any, which leads me to think that this remains a niche-- still yet to take-off--asset (i.e. the very opposite context for the formation of "a bubble".)
--2--Holding bitcoin is fiddly--you have to store "the coins" (basically nothing more tangible than a long string of numbers) on an online wallet (the most popular options are "Coinbase" and the Iphone's "Bread"--you can download the apps.) or on a special thumb drive (most popular and safe is called "Trezor"--100 bucks from Amazon).
--3-- In order to buy and sell Bitcoin, you must send your bank account details and ID to a Bitcoin exchange (most popular and safe in the USA is "Coinbase"--yes, "Coinbase" is both a wallet and an exchange.) You on-ramp and off-ramp your money via a Bitcoin exchange. (I don't know anything about the buying and selling of Bitcoin in Europe.)
--4--Holding bitcoin is doubly fiddly, because you need to keep safe your passcode--usually a list of 12 short words but sometimes also a pincode or an email address and cellphone number--all of this depends on which wallet you are using. Lose your passcode; and you have lost your bitcoin. Ditto if someone steals or hacks your passcode. (I keep mine in a safe deposit box in a bank.)
--5--Bitcoin is volatile. Up 20 percent one week; down 20 percent another.
--6--Trading (as opposed to long-term holding) is a waste of money. Short-term prices are impossible to predict; transaction costs and short-term taxes are too high.
--7--Most articles in the popular press about bitcoin are nonsense. (If you want more information about it, read Nathaniel Popper's Digital Gold--the best book on the early history of bitcoin.)
--8--Don't beat youself up for not owning bitcoin 5 years ago when it was trading for a few dollars. Most early bitcoin holders lost everything in one or another of the frauds and hacking attacks on the early wallets (check out the shenanigans around Mt. Gox). It is only in the last year or so that wallets have become safer.
--9--Bitcoin is more like a precious metal than a money that can be used for transactions. Its value does not require that it becomes more transactional. (Newspaper articles complaining that Bitcoin can't work as well as banknotes and/or Visa are thus largely beside the point.). There are, however, rumours that Amazon will soon accept Bitcoin. (They recently bought a bunch of websites called some variant of amazoncryptocurrencies.) The more transactional Bitcoin becomes, the more its price will increase.
--10--Bitcoin is currently priced at roughly 7500 bucks. You can buy any fraction of a coin. You can thus buy a hundred bucks if that's all you want.
--11--Bitcoin is not correlated (as yet) with any other asset class or macro-economic indicator.
--12--The number of Bitcoin has been fixed at 21 million--hence it has some anti-inflationary properties.
--13--Bitcoin has gone up by a factor of 20 since early 2016.
--14--No central banks or major mutual funds hold bitcoin, although it seems likely that they eventually will.
--15--In my judgement--or, more accurately, my wildassed guess--the price of Bitcoin has a ten percent chance of going to zero; a forty per cent chance of oscillating between 5k and 10k, and a 50 percent chance of going up another 20 times (to 150k per coin). Why do I think the balance of probability is on the upside? See 1., 11., 12.,13., and 14.
--16--Should you buy Bitcoin? Not unless you can put up with a high volatility, fiddly asset that has a 10% chance of going to zero.
--17--Would I personally buy more Bitcoin? You bet.
--18--Would I buy more this month? No. For complicated reasons, Bitcoin is going to fork in mid November. I wouldn't do anything until December when this forking issue will have settled down.
submitted by dgmdgm66 to BitcoinBeginners [link] [comments]

All The Longreads (So Far)

I'm trying to work on a system that would pull only the longreads links out and shove them into their own RSS feed. It's super hacky and embarrassing and all the other things that prevent people from sharing code (I will eventually, I promise...it's only 11 lines of python right now). But, I should at least share all the links, by date, in a post. Please enjoy all the longreads:
Tue, 20 Nov 2018 21:56:00 -0000 * How The Wall Street Journal is preparing its journalists to detect deepfakes * Self-driving trucks in US offer window into where machines may replace humans * When Elon Musk Tunnels Under Your Home * The Case Against Quantum Computing * HOW GOOGLE AND AMAZON GOT AWAY WITH NOT BEING REGULATED * How to Use an iPod Touch as a Secure Device Instead of a Phone * Scientists say goodbye to physical definition of the kilogram
Fri, 16 Nov 2018 22:15:10 -0000 * THE GENIUS NEUROSCIENTIST WHO MIGHT HOLD THE KEY TO TRUE AI * Are Killer Robots the Future of War? Parsing the Facts on Autonomous Weapons * The Internet Has a Huge C/C++ Problem and Developers Don't Want to Deal With It * How Superhuman Built an Engine to Find Product/Market Fit * THE HAIL MARY PLAN TO RESTART A HACKED US ELECTRIC GRID * Space Camp grows up
Fri, 09 Nov 2018 21:56:00 -0000 * Why Technology Favors Tyranny * Tech C.E.O.s Are in Love With Their Principal Doomsayer * HQ Trivia was a blockbuster hit — but internal turmoil and a shrinking audience have pushed its company to the brink * ‘It’s Giant and Has Like Five Million Buttons.’ The Office Desk Phone Won’t Die * Why Doctors Hate Their Computers * Here Comes ‘Smart Dust,’ the Tiny Computers That Pull Power from the Air * ASTRONOMERS SEE MATERIAL ORBITING A BLACK HOLE RIGHT AT THE EDGE OF FOREVER
Fri, 02 Nov 2018 20:56:00 -0000 * The Facebook Dilemma, Part 1 * The Facebook Dilemma, Part 2 * A Cryptocurrency Millionaire Wants to Build a Utopia in Nevada * The Man Behind the Scooter Revolution * A Fork in the Road for Avis * The Encyclopedia of the Missing
Fri, 26 Oct 2018 20:56:00 -0000 * Inside Rockstar Games' Culture Of Crunch * At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks * Podcast on Netflix Culture * It Might Get Loud: Inside Silicon Valley’s Battle to Own Voice Tech * How Dara Khosrowshahi’s Iranian heritage shapes how he leads Uber * AN ALTERNATIVE HISTORY OF SILICON VALLEY DISRUPTION
Fri, 05 Oct 2018 20:56:00 -0000 * The iPhone XS & XS Max Review: Unveiling the Silicon Secrets * Sex Workers Pioneered the Early Internet—and It Screwed Them Over * Raised by YouTube * Old Unicorn, New Tricks: Airbnb Has A Sky-High Valuation. Here's Its Audacious Plan To Earn It * EA announces ‘FIFA 19’ PS4 esports tournament
Fri, 28 Sep 2018 20:56:00 -0000 * How Uber is getting flying cars off the ground * Coinbase Wants To Be Too Big To Fail * The Apple Watch – Tipping Point Time for Healthcare * Meet the Community Keeping Obsolete Supercomputers Alive * The first Android phone 10 years later: An annotated review * Hacker says he'll livestream deletion of Zuckerberg's Facebook page
Fri, 21 Sep 2018 20:46:00 -0000 * Inside Facebook’s Election ‘War Room’ * Bitcoin Miners Flock to New York’s Remote Corners, but Get Chilly Reception * Living The Stream * A brief history of the numeric keypad * Inside the Dramatic, Painful--and Hugely Successful--Return of Reddit's Founders
Fri, 14 Sep 2018 20:55:47 -0000 * Android 9 Pie, thoroughly reviewed * Why a Leading Venture Capitalist Is Betting on a Decentralized Internet * Olaf Carlson-Wee Rode the Bitcoin Boom to Silicon Valley Riches. Can He Survive the Crash? * Memo to the Silicon Valley boys’ club: Arlan Hamilton has no time for your BS * Driverless Hype Collides With Merciless Reality
Fri, 07 Sep 2018 21:02:25 -0000 * Inside the World of Eddy Cue, Apple’s Services Chief * Bezos Unbound: Exclusive Interview With The Amazon Founder On What He Plans To Conquer Next * The Super Rich of Silicon Valley Have a Doomsday Escape Plan * What went wrong at Social Capital * How Android Pie’s Adaptive Battery and Adaptive Brightness work * The man who won the lottery 14 times
Fri, 31 Aug 2018 20:56:00 -0000 * Franken-algorithms: the deadly consequences of unpredictable code * Logged off: meet the teens who refuse to use social media * How Big Tech Swallowed Seattle * The Mystery of People Who Speak Dozens of Languages
Fri, 17 Aug 2018 20:56:00 -0000 * VIRGIN GALACTIC’S ROCKET MAN * Inside Evernote’s brain * LET’S ALL GO BACK TO TUMBLR * Why Can’t Europe Do Tech? * To Get Ready for Robot Driving, Some Want to Reprogram Pedestrians
Fri, 03 Aug 2018 20:56:00 -0000 * How Robot Hands Are Evolving to Do What Ours Can * Why the Next Silicon Valley Will Probably Be Outside the U.S. * Masayoshi Son’s secret to running his $100 billion fund: Telling start-ups to treat each other like family * What Happened to General Magic? * Growing Up Jobs
Fri, 27 Jul 2018 20:56:00 -0000 * Brock Pierce: The Hippie King of Cryptocurrency * How Silicon Valley Has Disrupted Philanthropy * THE 'GUERRILLA' WIKIPEDIA EDITORS WHO COMBAT CONSPIRACY THEORIES * Inside Google’s Shadow Workforce * MySpace and the Coding Legacy it Left Behind
Fri, 13 Jul 2018 20:55:00 -0000 * Hell for Elon Musk Is a Midsize Sedan * How Twitter Became Home to the Teen Status Update * Why Some of Instagram's Biggest Memers Are Locking Their Accounts * GEORGE HOTZ IS ON A HACKER CRUSADE AGAINST THE ‘SCAM’ OF SELF-DRIVING CARS * THE ONLY GOOD ONLINE FANDOM LEFT IS DUNE * Netflix Isn’t Being Reckless, It’s Just Playing a Game No One Else Dares (Netflix Misunderstandings, Pt. 3)
Fri, 22 Jun 2018 20:50:39 -0000 * How Twitter Made The Tech World's Most Unlikely Comeback * The Legend of Nintendo * Intel now faces a fight for its future * INSIDE THE CRYPTO WORLD'S BIGGEST SCANDAL
Fri, 08 Jun 2018 20:57:00 -0000 * ‘I can understand about 50 percent of the things you say’: How Congress is struggling to get smart on tech * The Twitter crime mystery that gripped Spain * Meet the people who still use Myspace: 'It's given me so much joy' * Exploring The Digital Ruins Of 'Second Life' * Why Aren’t We All Buying Houses on the Internet?
Fri, 01 Jun 2018 20:57:00 -0000 * Obama's US Digital Service Survives Trump—Quietly * he Search for Women Who Want Cybersecurity Careers * How Futures Trading Changed Bitcoin Prices * The Growing Emptiness of the "Star Wars" Universe
Fri, 11 May 2018 20:57:00 -0000 * Don't Skype Me: How Microsoft Turned Consumers Against a Beloved Brand * How to Make Your Open Office Less Annoying * The 15 People Who Keep Wikipedia’s Editors From Killing Each Other * The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers * Supercomputers are driving a revolution in hurricane forecasting
Fri, 04 May 2018 20:57:00 -0000 * ‘Hi, It’s Amazon Calling. Here’s What We Don’t Like in Your City.’ * Over 400 Startups Are Trying to Become the Next Warby Parker. Inside the Wild Race to Overthrow Every Consumer Category * All We Want to Do Is Watch Each Other Play Video Games * CoinTalk
Fri, 27 Apr 2018 20:30:29 -0000 * Inside Jeff Bezos’s DC Life * Hulu Beyond 'Handmaid's Tale': Execs and Stars on a Promising Yet Uncertain Future * Can Silicon Valley Get You Pregnant? * You could be flirting on dating apps with paid impersonators
Fri, 06 Apr 2018 21:05:17 -0000 * Lawyer bots take the hassle out of fighting parking tickets and property taxes — and could cost local governments real revenue * How Europe’s new privacy rule is reshaping the internet * Checking in with the Facebook fact-checking partnership * A 200-Year-Old Idea Offers A New Way to Trace Stolen Bitcoins * South Korean millennials are reeling from the Bitcoin bust
submitted by berrydewd to RideHome [link] [comments]

I’ve been researching privacy coins deeply and feel I’ve reached a sufficient findings to merit sharing my stance re SUMO.

By Taylor Margot. Everyone should read this!
THE BASICS
SUMOkoin is a fork of MONERO (XMR). XMR is a fork of Bytecoin. In my opinion, XMR is hands down the most undervalued coin in the top 15. Its hurdle is that people do not know how to price in privacy to the price of a coin yet. Once people figure out how to accurately assess the value privacy into the value of a coin, XMR, along with other privacy coins like SUMOkoin, will go parabolic.
Let’s be clear about something. I am not here to argue SUMOkoin is superior to XMR. That’s not what this article is about and frankly is missing the point. I don’t find the SUMOkoin vs. XMR debate interesting. From where I stand, investing in SUMOkoin has nothing to do with SUMOkoin overtaking XMR or who has superior tech. If anything, I think the merits of XMR underline the value of SUMOkoin. What I do find interesting is return on investment (“ROI”).
Imagine SUMO was an upcoming ICO. But you knew ahead of time that they had a proven product-market fit and an awesome, blue chip code base. That’s basically what you have in SUMO. Most good ICOs raise over 20mil (meaning their starting market cap is $20 mil) but after that, it’s a crapshoot. Investing in SUMO is akin to getting ICO prices but with the amount of information associated with more established coins.
Let me make one more thing clear. Investing is all about information. Specifically it’s about the information imbalance between current value and the quality of your information. SUMO is highly imbalanced.
The fact of the matter is that if you are interested in getting the vision and product/market fit of a $6 billion market cap coin for $20 mil, you should keep reading.
If you are interested in arguing about XMR vs. SUMOkoin, I point you to this infographic
Background
I’m a corporate tech & IP lawyer in Silicon Valley. My practice focuses on venture capital (“VC)”) and mergers & acquisitions (“M&A”). Recently I have begun doing more IP strategy. Basically I spend all day every day reviewing cap tables, stock purchase agreements, merger agreements and patent portfolios. I’m also the CEO of a startup (Scry Chat) and have a team of three full-time engineers.
I started using BTC in 2014 in conjunction with Silk Road and TOR. I recently had a minor conniption when I discovered how much BTC I handled in 2014. My 2017 has been good with IOTA at sub $0.30, POWR at $0.12, ENJIN at $0.02, REQ at $0.05, ENIGMA at $0.50, ITC (IoT Chain) and SUMO.
My crypto investing philosophy is based on betting long odds. In the words of Warren Buffet, consolidate to get rich, diversify to stay rich. Or as I like to say, nobody ever got rich diversifying.
That being said I STRONGLY recommend you have an IRA and/or 401(k) in place prior to venturing into crypto. But when it comes to crypto, I’d rather strike out dozens of times to have a chance at hitting a 100x home run. This approach is probably born out of working with VCs in Silicon Valley who do the same only with companies, not coins. I view myself as an aggressive VC in the cryptosphere.
The Number 1 thing I’ve taken away from venture law is that it pays to get in EARLY.
Did you know that the typical founder buys their shares for $0.00001 per share? So if a founder owns 5 million shares, they bought those shares for $50 total. The typical IPO goes out the door at $10-20 per share. My iPhone calculator says ERROR when it tries to divide $10/0.00001 because it runs out of screen real estate.
At the time of this writing, SUMO has a Marketcap of $18 million. That is 3/10,000th or 1/3333th. Let that sink in for a minute. BCH is a fork of BTC and it has the fourth largest market cap of all cryptos. Given it’s market cap, I am positive SUMO is the best value proposition in the Privacy Coin arena at the time of this writing. *
ROI MERITS OF SUMOkoin
So what’s so good about SUMOkoin? Didn’t you say it was just a Monero knock-off?
1) Well, sort of. SUMO is based on CryptoNote and was conceived from a fork of Monero, with a little bit of extra privacy thrown in. It would not be wrong to think SUMO is to Litecoin as XMR is to Bitcoin.
2) Increased Privacy. Which brings us to point 2. SUMO is doing several things to increase privacy (see below). If Monero is the King of Privacy Coins, then SUMO is the Standard Bearer fighting on the front lines. Note: Monero does many of these too (though at the time of fork XMR could not). Don’t forget Monero is also 5.8 billion market cap to SUMO’s 18 million.
a) RingCT. All transactions since genesis are RingCT (ring confidential transactions) and the minimum “mixin” transactions is 13 (12 plus the original transaction). This passes the threshold to statistically resist blockchain attacks. No transactions made on the SUMO blockchain can ever be traced to the actual participants. Nifty huh? Monero (3+1 mixins) is considering a community-wide fork to increase their minimum transactions to 6, 9, or 12. Not a bad market signal if you’re SUMOkoin eh?
b) Sub-addresses. The wallet deploys disposable sub-addresses to conceal your real sumo wallet address even from senders (who typically would need to know your actual address to send currency). Monero also does this.
3) Fungibility aka “Digital Cash” aka Broad Use Case. “Fungibility” gets thrown about a bunch but basically it means ‘how close is this coin to cash in terms of usage?’ SUMO is one of a few cryptos that can boast true fungibility — it acts just like physical cash i.e. other people can never trace where the money came from or how many coins were transferred. MONERO will never be able to boast this because it did not start as fungible.
4) Mining Made Easy Mode. Seeing as SUMO was a fork, and not an ICO, they didn’t have to rewrite the wheel. Instead they focused on product by putting together solid fundamentals like a great wallet and a dedicated mining app. Basically anyone can mine with the most intuitive GUI mining app out there. Google “Sumo Easy Miner” – run and mine.
5) Intuitive and Secure Wallet. This shouldn’t come as a surprise, yet in this day and age, apparently it is not a prereq. They have a GUI wallet plus those unlimited sub-addresses I mentioned above. Here’s the github if you’d like to review: https://github.com/sumoprojects/SumoGUIWallet The wallet really is one of the best I have seen (ENJIN’s will be better). Clear, intuitive, idiot proof (as possible).
6) Decentralization. SUMO is botnet-proof, and therefore botnet mining resistant. When a botnet joins a mining pool, it adjusts the mining difficulty, thereby balancing the difficulty level of mining.
7) Coin Emission Scheme. SUMO’s block reward changes every 6-months as the following “Camel” distribution schema (inspired by real-world mining production like of crude oil, coal, etc. that is often slow at first, then accelerated in before decline and depletion). MONERO lacks this schema and it is significant. Camel ensures that Sumokoin won’t be a short-lived phenomena. Specifically, since Sumo is proof-of-work, not all SUMO can be mined. If it were all mined, miners would no longer be properly incentivized to contribute to the network (unless transaction fees were raised, which is how Bitcoin plans on handling when all 21 million coins have been mined, which will go poorly given that people already complain about fees). A good emission scheme is vital to viability. Compare Camel and Monero’s scheme if you must: https://github.com/sumoprojects/sumokoin/blob/mastescripts/sumokoin_camel_emission_cal.cpp vs. https://monero.stackexchange.com/questions/242/how-was-the-monero-emission-curve-chosen/247.
8) Dev Team // Locked Coins // Future Development Funds. There are lots of things that make this coin a ‘go.’ but perhaps the most overlooked in crypto is that the devs have delivered ahead of schedule. If you’re an engineer or have managed CS projects, you know how difficult hitting projected deadlines can be. These guys update github very frequently and there is a high degree of visibility. The devs have also time-locked their pre-mine in a publicly view-able wallet for years so they aren’t bailing out with a pump and dump. The dev team is based in Japan.
9) Broad Appeal. If marketed properly, SUMO has the ability to appeal to older individuals venturing into crypto due to the fungibility / similarities to cash. This is not different than XMR, and I expect it will be exploited in 2018 by all privacy coins. It could breed familiarity with new money, and new money is the future of crypto.
10) Absent from Major Exchanges. Thank god. ALL of my best investments have happened off Binance, Bittrex, Polo, GDAX, etc. Why? Because by the time a coin hits a major exchange you’re already too late. Your TOI is fucked. You’re no longer a savant. SUMO is on Cryptopia, the best jenky exchange.
11) Marketing. Which brings me to my final point – and it happens to be a weakness. SUMO has not focused on marketing. They’ve instead gathered together tech speaks for itself (or rather doesn’t). So what SUMO needs a community effort to distribute facts about SUMO’s value prop to the masses. A good example is Vert Coin. Their team is very good at disseminating information. I’m not talking about hyping a coin; I’m talking about how effectively can you spread facts about your product to the masses.
To get mainstream SUMO needs something like this VertCoin post: https://np.reddit.com/vertcoin/comments/7ixkbf/vertbase_a_vertcoin_to_usd_exchange/
MARKET CAP DISCUSSION
For a coin with using Monero’s tech, 20 million is minuscule. For any coin 20 mil is nothing. Some MC comparisons [as of Jan 2, 2017]:
Let’s talk about market cap (“MC”) for a minute.
It gets tossed around a lot but I don’t think people appreciate how important getting in as early as possible can be. Say you buy $1000 of SUMO at 20 mil MC. Things go well and 40 million new money gets poured into SUMO. Now the MC = 60 million. Your ROI is 200% (you invested $1,000 and now you have 3,000, netting 2,000).
Now let’s says say you bought at 40 million instead of 20 million. $20 mill gets poured in until the MC again reaches 60 mil. Your ROI is 50% (you put in $1,000, you now have 1,500, netting 500).
Remember: investing at 20 mil MC vs. 40 mil MC represents an EXTREMELY subtle shift in time of investment (“TOI”). But the difference in net profit is dramatic. the biggest factor is that your ROI multiplier is locked in at your TOI — look at the difference in the above example. 200% ROI vs. 50% ROI. That’s huge. But the difference was only 20 mil — that’s 12 hours in the crypto world.
I strongly believe SUMO can and will 25x in Q1 2018 (400m MC) and 50x by Q4 2018 reach. There is ample room for a tricked out Monero clone at 1 bil MC. That’s 50x.
Guess how many coins have 500 mil market caps? 58 as of this writing. 58! Have many of these coins with about ~500 mil MC have you heard of?
MaidSafeCoin?
Status?
Decred?
Veritaseum?
DRAGONCHAIN ARE YOU KIDDING ME
THE ROLE OF PRIVACY
I want to close with a brief discussion of privacy as it relates to fundamental rights and as to crypto. 2018 will be remembered as the Year of Privacy Coins. Privacy has always been at the core of crypto. This is no coincidence. “Privacy” is the word we have attached to the concept of possessing the freedom to do as you please within the law without explaining yourself to the government or financial institution.
Discussing privacy from a financial perspective is difficult because it has very deep political significance. But that is precisely why it is so valuable.
Privacy is the right of billions of people not to be surveilled. We live in a world where every single transaction you do through the majority financial system is recorded, analyzed and sold — and yet where the money goes is completely opaque. Our transactions are visible from the top, but we can’t see up. Privacy coins turn that upside down.
Privacy is a human right. It is the guarantor of American constitutional freedom. It is the cornerstone of freedoms of expression, association, political speech and all our other freedoms for that matter. And privacy coins are at the root of that freedom. What the internet did for freedom of information, privacy coins will do for freedom of financial transactions.
POST SCRIPT: AN ENGINEER’S PERSPECTIVE
Recently a well respected engineer reached out to me and had this to say about SUMO. I thought I’d share.
"I’m messaging you because I came at this from a different perspective. For reference, I started investing in Sumo back when it was around $0.5 per coin. My background is in CS and Computer Engineering. I currently research in CS.
When I was looking for a coin to invest in, I approached it in a completely different way from what you described in your post, I first made a list of coins with market caps < 20m, and then I removed all the coins that didn’t have active communities.
Next, because of my background, I read through the code for each of the remaining coins, and picked the coins which had both frequent commits to GitHub (proving dev activity), and while more subjective, code that was well written. Sumo had both active devs, and (very) well written code.
I could tell that the people behind this knew what they were doing, and so I invested.
I say all of this, because I find it interesting how we seem to have very different strategies for selecting ‘winners’ but yet we both ended up finding Sumo."

Legal Disclaimer:
THIS POST AND ANY SUBSEQUENT STATEMENTS BY THE AUTHOR DO NOT CONSTITUTE LEGAL OR FINANCIAL ADVICE AND IS NOT INTENDED TO BE LEGAL OR FINANCIAL ADVICE OR RELIED UPON. NO REFERENCES TO THIS POST SHALL BE CONSTRUED AS LEGAL OR FINANCIAL ADVICE. THIS POST REPRESENTS THE LONE OPINION OF A NON-SOPHISTICATED INVESTOR.
submitted by MaesterEmi to CryptoCurrency [link] [comments]

10/27 Friday Stock Market Movers & News

Good morning traders of the StockMarket sub! Happy Friday to all of you! Here are your pre-market stock market movers & news this morning-

(CLICK HERE TO VIEW THE FULL SOURCE!)

Frontrunning: October 27

STOCK FUTURES NOW:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

YESTERDAY'S MARKET HEAT MAP:

(CLICK HERE FOR YESTERDAY'S MARKET HEAT MAP!)

YESTERDAY'S S&P SECTORS:

(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

NEXT WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR NEXT WEEK'S ECONOMIC CALENDAR!)

NEXT WEEK'S IPO'S:

(CLICK HERE FOR NEXT WEEK'S IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($AMD $AMZN $GOOGL $MSFT $V $BA $INTC $MCD $CAT $HAL $CMG $STX $LMT $T $HAS $GM $F $BIDU $TWTR $GILD $CELG)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($XOM $ABBV $CVX $MRK $PSX $CL $COL $SHPG $COG $PDS $GT $NRZ $MDXG $GBX $WY $HUN $LYB $CCJ $TRU $B $AAN)
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #1!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!)
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #3!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

THIS MORNING'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR THIS MORNING'S UPGRADES/DOWNGRADES!)

THIS MORNING'S INSIDER TRADING FILINGS:

(CLICK HERE FOR THIS MORNING'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING DISCUSSIONS:

  • UGAZ
  • AMZN
  • INTC
  • GOOGL
  • DGAZ
  • MSFT
  • BIDU
  • TSLA
  • GOOG
  • MAT
  • M
  • ABBV
  • XOM
  • FSLR
  • MACK
  • EXPE
  • NRZ
  • CVS
  • ENDP
  • INSY
  • HUN
  • OPNT
  • AET

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Merck – The drugmaker earned an adjusted $1.11 per share for the third quarter, beating estimates by eight cents a share. Revenue did fall short of forecast, however. Merck reported a nearly tripling of sales for its cancer drug Keytruda, but also said a cyberattack during the quarter impacted its overall revenue.

STOCK SYMBOL: MRK

(CLICK HERE FOR LIVE STOCK QUOTE!)
J.C. Penney – The retailer cut its full-year forecast as it accelerates a revamping of its inventory, particularly in the women's department. It said that effort is already resulting in improved performance.

STOCK SYMBOL: JCP

(CLICK HERE FOR LIVE STOCK QUOTE!)
AbbVie – The drugmaker reported adjusted quarterly profit of $1.41 per share, three cents a share above estimates. Revenue was in line with expectations. The company also increased its quarterly dividend to 71 cents from 64 cents, a jump of 11 percent, and boosted its forecast for sales of its key rheumatoid arthritis drug Humira.

STOCK SYMBOL: ABBV

(CLICK HERE FOR LIVE STOCK QUOTE!)
Colgate-Palmolive – The consumer products maker matched estimates with adjusted quarterly profit of 73 cents per share, while revenue beat forecasts. The company also raised its projected charges related to its restructuring program.

STOCK SYMBOL: CL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Amazon.com — Amazon reported quarterly profit of 52 cents per share, compared to the consensus estimate of three cents a share. The online retailer also saw revenue top forecasts, thanks in part to a very successful "Prime Day" as well as increased sales from the acquisition of Whole Foods earlier this year.

STOCK SYMBOL: AMZN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet – The Google parent came in well above the consensus estimate of $8.33 per share, reporting quarterly profit of $9.57 per share. The Google parent's revenue also came in above Street forecasts, with stronger-than-expected ad sales and bigger profit margins among the factors helping the bottom line.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Microsoft – Microsoft beat estimates by 12 cents with quarterly earnings of 84 cents per share, with revenue scoring a beat, as well. Microsoft saw increased demand for its cloud computing services during the quarter.

STOCK SYMBOL: MSFT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Aetna – CVS Health has made a more than $66 billion offer for the insurer, according to Dow Jones, or more than $200 per share. The report said the two sides have been in discussions about a deal for at least two months.

STOCK SYMBOL: AET

(CLICK HERE FOR LIVE STOCK QUOTE!)
Intel — Intel reported adjusted quarterly profit of $1.01 per share, 21 cents a share above estimates. The chipmaker's revenue also exceeded analyst forecasts. Intel raised its full-year outlook on improved performance by its data center business.

STOCK SYMBOL: INTC

(CLICK HERE FOR LIVE STOCK QUOTE!)
Gilead Sciences – Gilead came in 14 cents a share above consensus forecasts, with adjusted quarterly profit of $2.27 per share. The drugmaker's revenue also beat estimates. Gilead's quarter was driven in part by strong sales of its HIV drugs, but investors are concerned about the performance of the company's hepatitis C treatments.

STOCK SYMBOL: GILD

(CLICK HERE FOR LIVE STOCK QUOTE!)
Expedia – Expedia fell 11 cents a share shy of estimates, reporting quarterly profit of $2.51 per share. The travel website operator's revenue also missed forecasts. Among the factors weighing on Expedia's performance: the quarter's hurricanes, as well as a weaker-than-expected quarter for majority-owned Trivago.

STOCK SYMBOL: EXPE

(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts – Wynn reported adjusted quarterly profit of $1.52 per share, coming in nine cents a share above estimates. Revenue beat expectations, as well. The hotel and casino operator was helped by the continuing comeback in the Macau market, among other factors.

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Mattel – Mattel missed forecasts by a wide margin, as the toymaker reported adjusted quarterly profit of nine cents per share compared to the consensus estimate of 57 cents a share. It also reported a revenue miss and suspended its dividend. Mattel was hurt – as was competitor Hasbro in its own recent earnings report – by the bankruptcy protection filing of toy retailer Toys R Us.

STOCK SYMBOL: MAT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Huntsman – Huntsman and Swiss chemical maker Clariant have called off their planned $20 billion merger following opposition from activist investors who maintained that the combination of the two chemical companies would hurt shareholder value.

STOCK SYMBOL: HUN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Tesla – The automaker will slash orders for model 3 parts from Taiwanese supplier Hota, according to media reports in that country, as it deals with production bottlenecks.

STOCK SYMBOL: TSLA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Western Digital – Western Digital forecast current quarter revenue below analyst estimates, although the hard disc drive and memory chip maker did beat estimates on both the top and bottom lines for its latest quarter on strong memory chip demand and higher prices.

STOCK SYMBOL: WDC

(CLICK HERE FOR LIVE STOCK QUOTE!)
Deckers – Deckers said it was unsuccessful in finding a potential buyer even after the footwear maker reached out to 90 potential deal partners. The maker of Ugg boots said it would focus on boosting its performance and enhancing shareholder value.

STOCK SYMBOL: DECK

(CLICK HERE FOR LIVE STOCK QUOTE!)
Align Technology – Align reported quarterly profit of $1.01 per share, beating the consensus estimate of 82 cents a share. The maker of the Invisalign invisible dental brace system also saw revenue exceed forecasts, with increased Invisalign sales across all its regions.

STOCK SYMBOL: ALGN

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

DISCUSS!

What is on everyone's radar for today's trading day ahead here at StockMarket?

I hope you all have an excellent trading day ahead today on this Friday, October the 27th! :)

submitted by bigbear0083 to StockMarket [link] [comments]

Subreddit Stats: AskEconomics posts from 2018-07-29 to 2018-10-19 16:52 PDT

Period: 82.20 days
Submissions Comments
Total 984 6990
Rate (per day) 11.97 84.00
Unique Redditors 705 1188
Combined Score 5816 20552

Top Submitters' Top Submissions

  1. 240 points, 28 submissions: benjaminikuta
    1. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? (69 points, 12 comments)
    2. The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? (61 points, 24 comments)
    3. What would be a better alternative to Bernie's proposal to tax employers of welfare recipients? (15 points, 68 comments)
    4. What's happening right now with the agriculture industry in South Africa? (15 points, 3 comments)
    5. To what degree is planned obsolescence due to consumer behavior, rather than the other way around? (12 points, 1 comment)
    6. Why do changes in bitcoin price and mining difficulty not have a greater effect on the amount of mining being done? (8 points, 7 comments)
    7. How effectively can negative externalities be quantified? (7 points, 7 comments)
    8. What exactly is "Capitalism" anyway? (7 points, 17 comments)
    9. Are open source projects, such as VLC, subject to market forces? (6 points, 7 comments)
    10. What happened to the agricultural industry in South Africa? (6 points, 0 comments)
  2. 168 points, 37 submissions: Whynvme
    1. When economists refer to industrialization, does it mean a move from agricultural to manufacturing economy? Is the growth in services a different term? (24 points, 6 comments)
    2. Do economists actually calculate consumer surplus empirically, or is it more of s theoretical concept? (19 points, 5 comments)
    3. Does employees of a company with a relatively inelastic demand have an incentive not to care too much? (13 points, 9 comments)
    4. why is ceteris paribus important for analyzing/thinking about the world? (12 points, 7 comments)
    5. Is me making more money than I would necessarily require to work( so more than my 'opportunity wage') for a job an economic inefficiency? or is ineffiency in labor markets a wedge between my marginal revenue product and my wage? (11 points, 3 comments)
    6. With a land value tax, since the supply of land is perfectly inelastic(or less elastic than demand), would theory suggest land owners will pay most of the tax? (10 points, 4 comments)
    7. Are policies such as the gov creating jobs that arent necessary(like gas station attendants) an example of the Broken window fallacy? (7 points, 7 comments)
    8. what is meant by value added? (7 points, 3 comments)
    9. Question about planned economies without price mechanism and forced labor (5 points, 2 comments)
    10. Why does inflation necessarily mean wages will be increasing too? (5 points, 3 comments)
  3. 116 points, 10 submissions: pattersonisagamer
    1. Why do economists believe rent control policies harm the poor instead of carrying out the intent and helping them out greatly? (49 points, 26 comments)
    2. Under Sen Sanders (I-VT) single payer healthcare system he guarantees the average family would pay $466/year on healthcare. Is this true/possible? Would you favor this policy? (27 points, 46 comments)
    3. What is a good type of internship for an undergrad summer going into senior year? (11 points, 6 comments)
    4. What would the economic effect be if the United States removed its $7.25/hr minimum wage? Would you support this? Why/why not? (10 points, 21 comments)
    5. How can you tell if someone's preferences are convex? (7 points, 11 comments)
    6. What is quantitative easing and how does it differ from normal actions taken by the Fed? (4 points, 19 comments)
    7. Is it true that you can make decent money out of college as an independent financial advisor with a BS in Economics/other independent, self employed jobs? (3 points, 6 comments)
    8. What exactly is a negative income tax? Would you support implementing this policy? (3 points, 8 comments)
    9. Carbon tax in the USA? (2 points, 2 comments)
    10. Should we have a central bank? (0 points, 3 comments)
  4. 92 points, 9 submissions: Fart_Gas
    1. Is free public transport a good idea? (44 points, 23 comments)
    2. Will Venezuela's plummeting economy make it a good choice for low-wage industries? (18 points, 8 comments)
    3. Why do some countries without hyperinflation use a foreign currency in everyday life? (10 points, 3 comments)
    4. What might cause sudden inflation? (7 points, 2 comments)
    5. Has any country tried reducing the minimum wage, and ended up with a good result from it? (4 points, 9 comments)
    6. How could ranchers and meat-dependent countries adjust to a world that is switching away from meat due to environmental and health concerns? (3 points, 7 comments)
    7. What is the cause of Taiwan's economic failure? (3 points, 1 comment)
    8. How come rationing in the UK during World War II went rather smoothly? (2 points, 4 comments)
    9. Do boycotts really work? (1 point, 3 comments)
  5. 84 points, 8 submissions: Serpenthrope
    1. Have there been any serious proposals for economic systems that don't use money? (24 points, 67 comments)
    2. Pockets in women's clothing (18 points, 30 comments)
    3. Is there a formal name for this? (16 points, 6 comments)
    4. Could a company ever become quality-control for a market in which they're competing, assuming no government interference? (15 points, 4 comments)
    5. I saw this article on a UN report calling for the dismantling of Capitalism to stop Global Warming, and was wondering what most economists think of the claims? (3 points, 4 comments)
    6. What would the economic impact be if the Extended Family returns? (3 points, 3 comments)
    7. Why are second-hand clothing donations fundamentally different from other types of imports? (3 points, 1 comment)
    8. Peter Navarro and Lyndon Larouche? (2 points, 1 comment)
  6. 80 points, 2 submissions: MrDannyOcean
    1. Announcing a new policy direction for /AskEconomics (68 points, 135 comments)
    2. The new rules for AskEconomics are now in place. Please see the details within. (12 points, 17 comments)
  7. 58 points, 8 submissions: Jollygood156
    1. Why didn't quantitative easing + low interest rates raise inflation high? (20 points, 36 comments)
    2. How do we actually refute MMT? (11 points, 68 comments)
    3. Tax Cuts boost Consumption, but the growth is short term while investments are long term. Why? (11 points, 7 comments)
    4. What is Nominal GDP targeting and why do so many people advocate for it? (6 points, 16 comments)
    5. How exactly are land value taxes calculated? (5 points, 3 comments)
    6. What even is Austerity? (3 points, 3 comments)
    7. During the time of economic upswing is it good to look to balance the budget or run a surplus? (1 point, 7 comments)
    8. How do we know that money is neutral in the longrun? (1 point, 22 comments)
  8. 52 points, 11 submissions: lalze123
    1. Will Bernie's "STOP BEZOS" plan lower the opportunity cost of hiring non-poor workers, thereby harming poor workers? (19 points, 15 comments)
    2. What does the current economic literature say about the effects of net neutrality? (12 points, 0 comments)
    3. What government programs have been empirically proven to help displaced workers from import competition? (5 points, 0 comments)
    4. By how much does lowering the budget deficit lower the trade deficit? (4 points, 4 comments)
    5. How much revenue would a negative income tax require? (3 points, 3 comments)
    6. How would replacing the minimum wage with a negative income tax turn out? (3 points, 4 comments)
    7. Is it possible for advertisements to have signaling effects that are detrimental? (3 points, 3 comments)
    8. Can you have a negative income tax system without inherent tax mechanisms? (1 point, 1 comment)
    9. What are some good studies analyzing the difference in efficiency between markets and central planning? (1 point, 1 comment)
    10. Would economists prefer bilateral/multilateral free trade agreements or unilateral free trade? (1 point, 4 comments)
  9. 48 points, 6 submissions: CanadianAsshole1
    1. If free trade is so good, then why do countries insist on making trade deals? Why can't we just abolish all tariffs? (17 points, 11 comments)
    2. Does the wage gap still exist after controlling for factors like education, career choice, and hours worked (13 points, 39 comments)
    3. Do I understand the problem with"trickle-down" economics correctly? (8 points, 38 comments)
    4. If climate change is such a huge problem, then why aren't countries utilizing nuclear energy more? (6 points, 17 comments)
    5. How much of the Reagan administration's deficits could be attributed to increased defense spending? (3 points, 3 comments)
    6. If automation will result in less jobs, then shouldn't the government stop incentivizing childbirth through tax credits and stop immigration? (1 point, 12 comments)
  10. 48 points, 1 submission: Traveledfarwestward
    1. What do most Economists think about The Economist? (48 points, 26 comments)
  11. 46 points, 8 submissions: Chumbaka
    1. Why is inflation and deflation bad? (12 points, 8 comments)
    2. Can a monopoly also be a monopsony? (10 points, 13 comments)
    3. Can anyone explain why this happens and what it means? (10 points, 3 comments)
    4. Stupid question but : Why does printing lots of money lead to inflation? (5 points, 14 comments)
    5. What do you think of Khan's Academy Economy lessons? (4 points, 2 comments)
    6. What does this stock market fall mean to the economy as a whole? (4 points, 4 comments)
    7. How would an universal free market deal with situations like NK? (1 point, 21 comments)
    8. How do I pick an economist ideology to support? (0 points, 3 comments)
  12. 46 points, 2 submissions: prman222
    1. What is the difference in knowledge between academic economists(Krugman, Acemoglu, Mankiw etc) and hedge fund managers and the like(Soros, James Simons)? (44 points, 5 comments)
    2. is a recession likely to come by 2020? (2 points, 11 comments)
  13. 46 points, 1 submission: TheHoleInMoi
    1. Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? (46 points, 2 comments)
  14. 44 points, 1 submission: Akehc99
    1. Those who went into the job market after an Econ Undergrad, what do you do and briefly what does it entail? (44 points, 27 comments)
  15. 44 points, 1 submission: piltonpfizerwallace
    1. What would happen if the US printed $12.3 trillion tomorrow and paid off all of its debt? (44 points, 30 comments)
  16. 43 points, 2 submissions: ConditionalDew
    1. How much would the iPhone be if it was made in the US? (41 points, 15 comments)
    2. Who are some famous people/celebrities that were economics majors? (2 points, 2 comments)
  17. 42 points, 1 submission: Turnt_Up_For_What
    1. You've just been declared supreme potentate of Venezuela. Now how do you fix the economy? (42 points, 24 comments)
  18. 42 points, 1 submission: rangerlinks
    1. Who are the best economist to follow on Twitter? (42 points, 16 comments)
  19. 41 points, 5 submissions: TeaRev1ew
    1. Is there any basis to the theoretic economics of Anarchism? Could such a system work outside of coffee shops/other low level enterprises? (15 points, 18 comments)
    2. Are sovereign wealth funds a new phenomenon? (12 points, 1 comment)
    3. How do state funded enterprises lead to corruption? Is there a difference between developed and developing nations (or a patron-client relationship)? (6 points, 11 comments)
    4. How does releasing a new currency curb inflation in the era of fiat? (5 points, 5 comments)
    5. How do companies do business in states where their government doesn't recognize the sovereign entity? (3 points, 1 comment)
  20. 36 points, 1 submission: JeffGotSwags
    1. What are the most commonly held misconceptions about economics among people with at least some background? (36 points, 34 comments)

Top Commenters

  1. BainCapitalist (2631 points, 654 comments)
  2. RobThorpe (864 points, 280 comments)
  3. zzzzz94 (719 points, 147 comments)
  4. Calvo_fairy (715 points, 198 comments)
  5. smalleconomist (605 points, 179 comments)
  6. Cross_Keynesian (489 points, 94 comments)
  7. bbqroast (458 points, 103 comments)
  8. penguin_rider222 (428 points, 128 comments)
  9. riggorous (330 points, 115 comments)
  10. Integralds (326 points, 65 comments)
  11. whyrat (314 points, 68 comments)
  12. MrDannyOcean (248 points, 42 comments)
  13. isntanywhere (201 points, 64 comments)
  14. RedditUser91805 (179 points, 30 comments)
  15. emeraldcity27 (161 points, 8 comments)
  16. CapitalismAndFreedom (143 points, 66 comments)
  17. raptorman556 (142 points, 34 comments)
  18. LucasCritique (132 points, 30 comments)
  19. lawrencekhoo (129 points, 19 comments)
  20. roboczar (120 points, 21 comments)

Top Submissions

  1. So, what's the difference between this new trade deal with Mexico and Canada and the old one, and what are the implications? by benjaminikuta (69 points, 12 comments)
  2. Announcing a new policy direction for /AskEconomics by MrDannyOcean (68 points, 135 comments)
  3. The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be? by benjaminikuta (61 points, 24 comments)
  4. Why do economists believe rent control policies harm the poor instead of carrying out the intent and helping them out greatly? by pattersonisagamer (49 points, 26 comments)
  5. What do most Economists think about The Economist? by Traveledfarwestward (48 points, 26 comments)
  6. Are there any papers/solid arguments about the benefits of having more local business as opposed to corporate consolidation? by TheHoleInMoi (46 points, 2 comments)
  7. What would happen if the US printed $12.3 trillion tomorrow and paid off all of its debt? by piltonpfizerwallace (44 points, 30 comments)
  8. Those who went into the job market after an Econ Undergrad, what do you do and briefly what does it entail? by Akehc99 (44 points, 27 comments)
  9. Is free public transport a good idea? by Fart_Gas (44 points, 23 comments)
  10. What is the difference in knowledge between academic economists(Krugman, Acemoglu, Mankiw etc) and hedge fund managers and the like(Soros, James Simons)? by prman222 (44 points, 5 comments)

Top Comments

  1. 124 points: emeraldcity27's comment in Why do economists believe rent control policies harm the poor instead of carrying out the intent and helping them out greatly?
  2. 74 points: BainCapitalist's comment in What would happen if the US corporate income tax was abolished?
  3. 56 points: Calvo_fairy's comment in Could someone explain the wage gap and whether it's a myth or not.
  4. 56 points: RedditUser91805's comment in The EU is considering making product life expectancy a mandatory piece of info for consumer electronics. What would the economic implications of that be?
  5. 55 points: TheBellmanHimself's comment in Why is the Soviet Union generally considered to be a "failure"?
  6. 55 points: hbtn's comment in Why are Little Caesar's cheese pizzas the same price as its pepperoni pizzas?
  7. 54 points: arctigos's comment in What do most Economists think about The Economist?
  8. 49 points: sethg's comment in Why do economists believe rent control policies harm the poor instead of carrying out the intent and helping them out greatly?
  9. 47 points: RedditUser91805's comment in You've just been declared supreme potentate of Venezuela. Now how do you fix the economy?
  10. 47 points: smalleconomist's comment in What are the most commonly held misconceptions about economics among people with at least some background?
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

Die rand is kak

So the bitcoin network starts off 2016 much stronger than it entered 2015. With over a billion $ in startup investment capital. It is crazy to realize that it is worth R111,415,577,100 in valuation (amount of coins multiplied by freemarket price) and this is just the beginning. Compare this to standard bank at R188,4B especially if you consider they are down about 40% in the past year where bitcoin is up 533% since 2013, and up 61% in the last 6 months.
1 bitcoin = R7404
Crazy you might say.. no. Go look up what quantitative easing is. Hint: The banks have been creating trillions, devaluing your savings.
Bitcoin's processing power is now at 832,017,286,000,000,000 SHA256 hashes per second. This is what work it requires to mine bitcoin, what makes it secure and why we trust it more than some database in someone's vault that they can go edit if they please. This is real measurable energy consumption. Almost like digging up gold, just more humane.
With 6 months left till the amount of new bitcoins mined halves to 12.5BTC per 10mins. We'll be entering the realm of sub 5% yearly monetary base inflation. This means instead of R788,400,000 worth of bitcoin created per month it will become only R394,200,000 worth per month newly issued. This new cycle will run for 4 years, like the last, before it halves again, and again. Until eventually in 140 years from now we have the last bit of bitcoin at 21million BTC. 21,000,000.000,000,000 should be enough for everyone.
I've used rands so people can understand the scale of this thing a bit better. The exchange rates change over time according to free markets.
Edit: I've added a list of links.. far from complete, but good enough to get started. I recommend south africans to use bitx market to exchange BTC/ZAR. Watch the links under knowledge in this list.
Wallets:
breadwallet iPhone bitcoin Android
more on bitcoin.org/en/choose-your-wallet
Exchanges:
bitx ZAR, MYR, NGN, KES, IDR kraken EUR, USD, CAD, GBP, JPY, LTC okcoin CNY, USD vaultoro XAU (gold) There are many more..
Useful services for south african bitcoin holders:
bitrefill Buy 8ta, cellc, mtn or vodacom airtime using bitcoin. takealot.com Buy things online for delivery, use instant eft then bitcoin on checkout. namecheap Domains for bitcoin.
Tools:
bitxZAR bitx market for south africans. bitcoinwisdom for seeing live exchange rates across many exchanges. cryptowatch has some other exchanges listed aswell and nice plotting tools. bitcointicker realtime market ticker. coinigy professional crypto trading platform (30 day free, 0.054BTC/mo) blockchain.info viewer, wallet provider and blockchain api blockr.io blockchain viewer and api bitpay easy bitcoin integration provider
Community
reddit/bitcoin reddit/btc bitcointalk forums bitcoin.com forum
Channel ##bitcoin on freenode irc server 
Knowledge:
bitcoin core sourcecode on github
bitcoin whitepaper by Satoshi Nakamoto (pdf)
Bitcoin, Freedom, and the Future of Finance? by Bhagwan Chowdhry, Professor of Finance at UCLA Anderson, joined us for an IDFC-U discussion in which he explained why he believes Bitcoin is just the beginning.
Wired 2015 Bitcoin by Andreas Antonopoulos
submitted by rende to southafrica [link] [comments]

Interview with a Dev : Hilux Coin

Interview with a Dev : Hilux Coin
https://preview.redd.it/uztu8ill8lg11.png?width=128&format=png&auto=webp&s=12593559662df6a618a9e96069f422fe740f9cfa
Hilux is a new coin that was just launched on August 3rd, 2018. Hilux aims to help solve the problem of hyper inflation which many counties like Venezuela are facing.
Hilux specs: Ticker: HLX Algo: x16r Type: MN/POW Max Supply: 21,000,000 MN Collateral: 1000 Block Rewards: 20 HLX (mn 60%, pow 40%) Premine: 5% Block time: 2 minutes
The following is an interview with Swatchie-1 the founder of Hilux Coin.
Could you explain your project Hilux Coin briefly for our readers that are not already familiar with the project?
Currently, FIAT currency is what we use in our day to day transactions. A FIAT currency is a government backed currency (example: US Dollars, British Pounds, Peso, Singapore Dollars) which is not backed by any physical commodity and it derives its value from perceived value by the community. This is why when a Government needs money, it prints as much as it needs causing too much FIAT currency circulation in the market resulting in what we call Hyper-Inflation. Historically we have seen this happening in Venezuela (24000% inflation in the past 12 months, Iran (200%) and South Sudan (110%). The list goes on but based on these 3 countries alone, we see how much buying power is being reduced at a daily basis. What this means is, if an iPhone costs 1 million Venezuelan Bolivar in 2017, it will cost 24 million Venezuelan Bolivar in 2018. See the difference?
The world has found a solution now and it is through Crypto Currencies. The purpose of Hilux Coin is to address this issue and allow a safe, reliable and decentralized transfer of value between anybody in the world who has access to an internet connection. Why is being decentralized important? This is so that no single party can dictate how many Hilux Coins should be produced and to obtain Hilux, one would need to either purchase it or Mine it. Mining takes work, equipment and costs, hence it is not free. Hilux also has a limit of 21 million coins which is not that much considering the population of the entire world.
The mechanics of Hilux Crypto Currency is the opposite of FIAT currencies. It can be traded world-wide with no middleman involved, its limit cannot be increased without consensus from 51% of all miners and Masternode Owners. This system is fair and just because the stakeholders want the best of their investment and should not make irrational decisions that will jeopardize his/her holdings. It is also decentralized which doesn’t allow anybody to come in and shut it down because the Hilux Nodes are running all across the globe. If one country shuts it down, the other nodes will still maintain the Hilux Ledger and can still be connected, hence a Hilux user can still access his or her wallet. We have made sending and receiving Hilux coin easy by providing a Hilux Mobile Web Wallet facility at https://wallet.hiluxcoin.com. This provides access to the unbanked people in the world. For example, a user in South Sudan will be able to send value to their children studying in Singapore through the Hilux Mobile Web Wallet without going to a money changer or Western Union. It is simple to use because the receiver or sender do not need to run a Full-Node of Hilux in order to gain access to a wallet. We also recently have a Discord Hilux Wallet which allows you to send Hilux (HLX) to Discord users too. I suggest readers to check out our discord at: https://discord.gg/gqzpeWH
Could you tell us a little bit about your programming history and experience with blockchain technology?
Our core team has different sets of skill sets including JavaScript, Python, html and pug programming. This allows us to ensure the Blockchain is fair, being as secure as possible and able to build core infrastructures for the Hilux Coin. This includes the Mobile Web Wallet, Mobile Explorer, Official Dev Pool and the website on our own without external funding and programmers. As a result, we are a lean team, with our own initial funding hence we want to see the coin succeed as much as a mother wants to see her child grow into becoming a useful person to the community.
What inspired you to create Hilux Coin?
As aforementioned, there are governments which do not generate FIAT currency responsibly. Before 1933, the US Dollar was backed by Gold. However since then, it was not backed by Gold anymore and we need to address the issue of scarcity and not unlimited money printing. The Hilux Cryptocurrency is a solution for value transfer for the world due to decentralization, scarcity of 21 million HLX only, securely distributed around the world through Masternodes, Miners having to do work to secure the network and low fees of transaction.
There’s been quite a few coins launched in the past year. In your opinion, what sets HLX apart from other coins and makes it unique?
Yes, I’m glad you brought this up. There are two main types of method to build the blockchain at the moment, which is Proof of Work (PoW) and Proof of Stake (PoS). Proof of stake can also mean using Masternodes to stake. Most coins out there are either PoW or PoS exclusively. However, Hilux uses a combination of both sort of like a Hybrid. We call this Proof of Work and Masternode Hybrid. There are only a handful of Hybrid types out there out of all the coins available in the world.
Secondly, Hilux uses the X16R algorithm for its Proof of Work mechanism. This X16R was invented by Ravencoin and we give them credit for that. It is a combination of 16 algorithms randomly re-arranged at each block hence it is a little more ASIC resistant than other coins such as the X11 used by Dash. The reason why we prefer ASIC resistant coins is to encourage decentralization because normal CPU and GPU owners can use it to mine at reasonable speeds compared to ASIC owners who will obtain high hashrates at lower cost and this displaces the CPU and GPU owners which is not what we want. ASIC causes centralization of hashrates. If the ASIC owner decides to switch off or shift to another Coin, then there is going to be a huge vacuum of hashpower lost which is not healthy for the blockchain.
Third, our distribution of block reward is 20 and out of this, 12 goes to Masternode Owners (60%) and 8 goes to the Miner who solved the block (40%). This is a healthy ratio which encourages Miners to mine and earn their own Masternode which is a good incentive for them. We also did not do any Developer reward program, for example, 5% of the block rewards going into the Developer’s pocket. This is because we are a community coin and there is no one developer controlling Hilux forever. Again this is part of becoming decentralized.
HLX is a Proof of Work (minable) and Masternode coin. I haven’t come across too many coins yet using this combination. The majority are either POW, POS, POS/MN or ERC20 Tokens. Could you explain why you decided to go with the POW/MN format with Hilux Coin?
Yes, we addressed some of this in the previous question. The simple answer again is:
On one hand, it provides incentives for the miners to mine and on the other hand, it encourages Masternode owners to run the full node at all times. This is due to the block reward of 60% Masternode Owners and 40% Miners.
What is your number 1 goal to accomplish with this project?
To see worldwide adoption of Hilux as a community coin where developers from around the globe would contribute to the Github of Hilux and providing commits to improve it. Whether big or small, any improvement is a step forward for Hilux.
We need to continue building infrastructures around Hilux.
Because we now have a stable Blockchain, we can build centralized features around the decentralized blockchain. We cannot however do the opposite which is building a decentralized feature on top of a centralized entity. For example, we can now build a hosted mobile wallet to access the Hilux Blockchain. We can also build a hosted marketplace for trading on top of the blockchain and a mining pool on top of the blockchain. This is where community adoption comes in.
Aside from Hilux, what are some other projects you admire?
I have seen many projects out there which has got nothing to do with the blockchain but are creating a project just for the sake of having a blockchain name attached to their project. These are mostly Utility Tokens. In a simple explanation, Utility Tokens are projects that require a user to buy their tokens to gain access to their project or App. For example, a ride sharing app on the iPhone that requires you to use their token to pay for rides. In my opinion, this is unnecessary because we should be using FIAT to do it and conversion back and forth is a hassle and it doesn’t bring much economic benefit. Also, these projects are highly centralized. If one day the founders decide to close the company, your tokens will be worthless. This is not the case for Hilux where if one day the founders decide to leave, Hilux will still be around.
Back to the question of which projects I admire, it’s going to be Bitcoin. It is the father of all cryptocurrencies and our cryptocurrency is here because of it. However, there is room for more than one cryptocurrency in the market just like there is the US Dollar, Swiss Francs, Canadian Dollar, Australian Dollar and others.
What do you see as the biggest hinderance to blockchain technology and the use of crypto-currencies advancing?
The usual answer we get for this question is Government Regulation. Governments do not like it when they do not have control of money in their country. This will cause their monetary policy of money printing to go haywire because the citizens have options of cryptocurrencies. But what gave rise to Crypto Currencies was also because of the 2008 financial crisis which caused governments to perform Quantitative Easing (printing of US Dollars). In fact, they did it a few times. That was when people realized cryptocurrency may be an option.
However, government censorship will not be sustainable, hence it is not a long term hinderance. The long term hinderance in my opinion is the existence of Quantum Computers. If this technology becomes a reality and is accessible to people, it may destroy all blockchains and causes centralization. It will be able to mathematically solve all blockchain calculations rendering all semiconductors useless against it. Difficulty of the block will sky rocket and the block will become stuck. Until then developers will need to find a new solution against it.
In your opinion how far away are we from a worldwide adoption of blockchain technology?
We are like in the 1993 era of the Internet. It is still early and anybody who comes in now will be able to ride the wave upwards. Worldwide adoption is already beginning. We just need to make the blockchain easier to gain access to. We are doing exactly that by announcing the Mobile Web Wallet as our first product when we launched.
Are there any additional comments you’d like to add?
Firstly, I would like to thank Coin Space News for allowing me to voice opinions. I hope your readers have gained a little insight on what is the current world situation and what to expect in the future. When we select a Coin to invest in as you rightly pointed out there are many out there, one should look for:
-Scarcity of the Commodity. Hilux has 21 million only -Usefulness of the Commodity. Hilux is easily transferable and has low transaction fees. -Long term sustainability. Hilux will be around even if the founders are not. -Decentralized. No one party holds the key to keeping Hilux alive. -Continuous improvement. Hilux is always building infrastructures.
Also, if you like what you read, I would encourage you to follow our: Twitter Feed: https://twitter.com/HiluxC Discord: https://discord.gg/gqzpeWH Bitcointalk: https://bitcointalk.org/index.php?topic=4780650.0
Thank you and regards, Swatchie-1
submitted by CoinSpaceNews to AltcoinGlobal [link] [comments]

Phoneum is a decentralized cryptocurrency that only works on mobile devices!

Phoneum is a decentralized cryptocurrency that only works on mobile devices! Let your smart mobile device do the mining for you! ICO starts on June 21, 2018.( Payment with BTC, ETH, Bitcoin Cash, Litecoin and Dash ) AirDrop. Concour Android and iPhone https://crowdsale.phoneum.io/?ref=56150b41
submitted by riricoin to Phoneum [link] [comments]

[uncensored-r/CryptoCurrency] I’ve been researching privacy coins deeply and feel I’ve reached a sufficient findings to merit s...

The following post by MaesterEmi is being replicated because some comments within the post(but not the post itself) have been openly removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ CryptoCurrency/comments/7qfr3r
The original post's content was as follows:
By Taylor Margot. Everyone should read this!
THE BASICS
SUMOkoin is a fork of MONERO (XMR). XMR is a fork of Bytecoin. In my opinion, XMR is hands down the most undervalued coin in the top 15. Its hurdle is that people do not know how to price in privacy to the price of a coin yet. Once people figure out how to accurately assess the value privacy into the value of a coin, XMR, along with other privacy coins like SUMOkoin, will go parabolic.
Let’s be clear about something. I am not here to argue SUMOkoin is superior to XMR. That’s not what this article is about and frankly is missing the point. I don’t find the SUMOkoin vs. XMR debate interesting. From where I stand, investing in SUMOkoin has nothing to do with SUMOkoin overtaking XMR or who has superior tech. If anything, I think the merits of XMR underline the value of SUMOkoin. What I do find interesting is return on investment (“ROI”).
Imagine SUMO was an upcoming ICO. But you knew ahead of time that they had a proven product-market fit and an awesome, blue chip code base. That’s basically what you have in SUMO. Most good ICOs raise over 20mil (meaning their starting market cap is $20 mil) but after that, it’s a crapshoot. Investing in SUMO is akin to getting ICO prices but with the amount of information associated with more established coins.
Let me make one more thing clear. Investing is all about information. Specifically it’s about the information imbalance between current value and the quality of your information. SUMO is highly imbalanced.
The fact of the matter is that if you are interested in getting the vision and product/market fit of a $6 billion market cap coin for $20 mil, you should keep reading.
If you are interested in arguing about XMR vs. SUMOkoin, I point you to this infographic
Background
I’m a corporate tech & IP lawyer in Silicon Valley. My practice focuses on venture capital (“VC)”) and mergers & acquisitions (“M&A”). Recently I have begun doing more IP strategy. Basically I spend all day every day reviewing cap tables, stock purchase agreements, merger agreements and patent portfolios. I’m also the CEO of a startup (Scry Chat) and have a team of three full-time engineers.
I started using BTC in 2014 in conjunction with Silk Road and TOR. I recently had a minor conniption when I discovered how much BTC I handled in 2014. My 2017 has been good with IOTA at sub $0.30, POWR at $0.12, ENJIN at $0.02, REQ at $0.05, ENIGMA at $0.50, ITC (IoT Chain) and SUMO.
My crypto investing philosophy is based on betting long odds. In the words of Warren Buffet, consolidate to get rich, diversify to stay rich. Or as I like to say, nobody ever got rich diversifying.
That being said I STRONGLY recommend you have an IRA and/or 401(k) in place prior to venturing into crypto. But when it comes to crypto, I’d rather strike out dozens of times to have a chance at hitting a 100x home run. This approach is probably born out of working with VCs in Silicon Valley who do the same only with companies, not coins. I view myself as an aggressive VC in the cryptosphere.
The Number 1 thing I’ve taken away from venture law is that it pays to get in EARLY.
Did you know that the typical founder buys their shares for $0.00001 per share? So if a founder owns 5 million shares, they bought those shares for $50 total. The typical IPO goes out the door at $10-20 per share. My iPhone calculator says ERROR when it tries to divide $10/0.00001 because it runs out of screen real estate.
At the time of this writing, SUMO has a Marketcap of $18 million. That is 3/10,000th or 1/3333th. Let that sink in for a minute. BCH is a fork of BTC and it has the fourth largest market cap of all cryptos. Given it’s market cap, I am positive SUMO is the best value proposition in the Privacy Coin arena at the time of this writing. *
ROI MERITS OF SUMOkoin
So what’s so good about SUMOkoin? Didn’t you say it was just a Monero knock-off?
1) Well, sort of. SUMO is based on CryptoNote and was conceived from a fork of Monero, with a little bit of extra privacy thrown in. It would not be wrong to think SUMO is to Litecoin as XMR is to Bitcoin.
2) Increased Privacy. Which brings us to point 2. SUMO is doing several things to increase privacy (see below). If Monero is the King of Privacy Coins, then SUMO is the Standard Bearer fighting on the front lines. Note: Monero does many of these too (though at the time of fork XMR could not). Don’t forget Monero is also 5.8 billion market cap to SUMO’s 18 million.
a) RingCT. All transactions since genesis are RingCT (ring confidential transactions) and the minimum “mixin” transactions is 13 (12 plus the original transaction). This passes the threshold to statistically resist blockchain attacks. No transactions made on the SUMO blockchain can ever be traced to the actual participants. Nifty huh? Monero (3+1 mixins) is considering a community-wide fork to increase their minimum transactions to 6, 9, or 12. Not a bad market signal if you’re SUMOkoin eh?
b) Sub-addresses. The wallet deploys disposable sub-addresses to conceal your real sumo wallet address even from senders (who typically would need to know your actual address to send currency). Monero also does this.
3) Fungibility aka “Digital Cash” aka Broad Use Case. “Fungibility” gets thrown about a bunch but basically it means ‘how close is this coin to cash in terms of usage?’ SUMO is one of a few cryptos that can boast true fungibility — it acts just like physical cash i.e. other people can never trace where the money came from or how many coins were transferred. MONERO will never be able to boast this because it did not start as fungible.
4) Mining Made Easy Mode. Seeing as SUMO was a fork, and not an ICO, they didn’t have to rewrite the wheel. Instead they focused on product by putting together solid fundamentals like a great wallet and a dedicated mining app. Basically anyone can mine with the most intuitive GUI mining app out there. Google “Sumo Easy Miner” – run and mine.
5) Intuitive and Secure Wallet. This shouldn’t come as a surprise, yet in this day and age, apparently it is not a prereq. They have a GUI wallet plus those unlimited sub-addresses I mentioned above. Here’s the github if you’d like to review: https://github.com/sumoprojects/SumoGUIWallet The wallet really is one of the best I have seen (ENJIN’s will be better). Clear, intuitive, idiot proof (as possible).
6) Decentralization. SUMO is botnet-proof, and therefore botnet mining resistant. When a botnet joins a mining pool, it adjusts the mining difficulty, thereby balancing the difficulty level of mining.
7) Coin Emission Scheme. SUMO’s block reward changes every 6-months as the following “Camel” distribution schema (inspired by real-world mining production like of crude oil, coal, etc. that is often slow at first, then accelerated in before decline and depletion). MONERO lacks this schema and it is significant. Camel ensures that Sumokoin won’t be a short-lived phenomena. Specifically, since Sumo is proof-of-work, not all SUMO can be mined. If it were all mined, miners would no longer be properly incentivized to contribute to the network (unless transaction fees were raised, which is how Bitcoin plans on handling when all 21 million coins have been mined, which will go poorly given that people already complain about fees). A good emission scheme is vital to viability. Compare Camel and Monero’s scheme if you must: https://github.com/sumoprojects/sumokoin/blob/mastescripts/sumokoin_camel_emission_cal.cpp vs. https://monero.stackexchange.com/questions/242/how-was-the-monero-emission-curve-chosen/247.
8) Dev Team // Locked Coins // Future Development Funds. There are lots of things that make this coin a ‘go.’ but perhaps the most overlooked in crypto is that the devs have delivered ahead of schedule. If you’re an engineer or have managed CS projects, you know how difficult hitting projected deadlines can be. These guys update github very frequently and there is a high degree of visibility. The devs have also time-locked their pre-mine in a publicly view-able wallet for years so they aren’t bailing out with a pump and dump. The dev team is based in Japan.
9) Broad Appeal. If marketed properly, SUMO has the ability to appeal to older individuals venturing into crypto due to the fungibility / similarities to cash. This is not different than XMR, and I expect it will be exploited in 2018 by all privacy coins. It could breed familiarity with new money, and new money is the future of crypto.
10) Absent from Major Exchanges. Thank god. ALL of my best investments have happened off Binance, Bittrex, Polo, GDAX, etc. Why? Because by the time a coin hits a major exchange you’re already too late. Your TOI is fucked. You’re no longer a savant. SUMO is on Cryptopia, the best jenky exchange.
11) Marketing. Which brings me to my final point – and it happens to be a weakness. SUMO has not focused on marketing. They’ve instead gathered together tech speaks for itself (or rather doesn’t). So what SUMO needs a community effort to distribute facts about SUMO’s value prop to the masses. A good example i...
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Subreddit Stats: beermoney posts from 2017-12-31 to 2018-01-30 14:37 PDT

Period: 29.72 days
Submissions Comments
Total 226 4844
Rate (per day) 7.60 157.81
Unique Redditors 197 1692
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  58. 26 points, 2 submissions: srach
    1. Free food from territoryfoods through Jan 18 (certain areas only) (25 points, 25 comments)
    2. Beermoney and taxes (1 point, 28 comments)
  59. 26 points, 1 submission: anonymouss3221
    1. Survey site allowing you control over what surveys you get? (26 points, 18 comments)
  60. 25 points, 1 submission: eriffodrol
    1. pizza hut super bowl giveaway 2-4 (25 points, 14 comments)
  61. 24 points, 1 submission: Im_BrokeForever
    1. [Canada only] Loblaws is offering $25 GC to anyone who has bought bread products from them from 2002 to 2015. (24 points, 5 comments)
  62. 22 points, 2 submissions: GrindabuckOfficial
    1. New Crypto Rewards: Grindabuck just added Litecoin, Ethereum and Bitcoin Cash! (22 points, 48 comments)
    2. Grindabuck Week is now live for the month of January! (0 points, 3 comments)
  63. 22 points, 1 submission: Blackout797
    1. PSA: Third batch of $5 Amazon Gift Cards from the Bestow referral program rolling out! Check your emails. (22 points, 10 comments)
  64. 22 points, 1 submission: MeatBrick64
    1. PayPal users check your email - 10-15 minute survey paid out in a $5 Starbucks gift card (22 points, 15 comments)
  65. 22 points, 1 submission: Sk8rToon
    1. Now that mPoints is officially dead, is there a good replacement? (22 points, 9 comments)
  66. 21 points, 3 submissions: TheWriter_21
    1. Surveys/Studies/Sites (16 points, 7 comments)
    2. Where can I find craigslist studies that pay a lot? (5 points, 29 comments)
    3. Survey sites like qualtrics (0 points, 13 comments)
  67. 21 points, 1 submission: SimpleMinded101
    1. Check out Vid.Social, it remonetizes FB or YT videos.. All you do is share and earn. Link inside.. (21 points, 12 comments)
  68. 20 points, 1 submission: Buxom_And_TheBalm
    1. Difficulty redeeming gifthulk giftcard (20 points, 2 comments)
  69. 20 points, 1 submission: Preparation_H_
    1. Passive income for Canadians! :/ (20 points, 12 comments)
  70. 20 points, 1 submission: imadeanewone1234
    1. What are the best iOS apps for surveys? (20 points, 16 comments)
  71. 20 points, 1 submission: thotimusprime69
    1. iPhone Flipping? (20 points, 25 comments)
  72. 19 points, 1 submission: SteeIy
    1. MS Rewards 12 months of Xbox Live now costs only 20,300! Get it while it's hot!!! (19 points, 10 comments)
  73. 19 points, 1 submission: pinoypayter
    1. Live Trivia Apps that pay! - HQ & other alternatives (19 points, 26 comments)
  74. 19 points, 1 submission: wbhyatt
    1. Just discovered PrizeRebel. Is it worth it? (19 points, 41 comments)
  75. 18 points, 2 submissions: chrisfuccione
    1. Insta GC down for maintenance from 1/14 10pm to 1/15 8am (9 points, 24 comments)
    2. Question on Prolific's new payout method. (9 points, 10 comments)
  76. 18 points, 1 submission: ChicagoGreenRiver
    1. Paid Market Research Study on Budget Traveling - Fieldwork Chicago (18 points, 5 comments)
  77. 18 points, 1 submission: ILaughAtFunnyShit
    1. Anyone else suddenly receive a ton of surveys through Google Opinion Rewards? (18 points, 27 comments)
  78. 18 points, 1 submission: Iwillpickonelater
    1. Teaching English Online (18 points, 17 comments)
  79. 18 points, 1 submission: asphx
    1. HypeWatching.com - rewards for guessing new trends/hypes (18 points, 11 comments)
  80. 18 points, 1 submission: brownlegend
    1. Canadian apps (18 points, 11 comments)
  81. 17 points, 1 submission: Jana123FJ
    1. Phone farming (17 points, 13 comments)
  82. 17 points, 1 submission: WritingPromptsAccy
    1. Do you guys know of any t-shirt designing/sale sites that allow for a full range printing? (17 points, 4 comments)
  83. 17 points, 1 submission: morecrazythanyou
    1. Any alternative for Crowdtap (17 points, 5 comments)
  84. 17 points, 1 submission: redawl
    1. Tips for using red bubble? (17 points, 25 comments)
  85. 16 points, 1 submission: Lemin86
    1. Best receipt scanning apps right now? (16 points, 27 comments)
  86. 16 points, 1 submission: djgameplay2k1
    1. New GPT site (Complete offers to earn points) (16 points, 65 comments)
  87. 16 points, 1 submission: harshgoyal1997
    1. Need Invitation from registered Crossmedia US Audience Beta Users (16 points, 43 comments)
  88. 16 points, 1 submission: svxvh
    1. Where to find tutoring and editing gigs? (16 points, 13 comments)
  89. 15 points, 1 submission: learingthree
    1. Websites that give a Daily Login Bonus? (2018) (15 points, 42 comments)
  90. 14 points, 2 submissions: killapanda5280
    1. How to get phone to stay on (12 points, 11 comments)
    2. Optimizing FireFox or Chrome for KoinMe (2 points, 9 comments)
  91. 14 points, 1 submission: Mkap1
    1. Screenwise Select Panel question (14 points, 17 comments)
  92. 14 points, 1 submission: SAA025
    1. Progress bars in surveys (14 points, 3 comments)
  93. 14 points, 1 submission: kylekirknyc
    1. Now that Myappaware.com is officially out of business, where can I make beer money reviewing iOS apps? (14 points, 8 comments)
  94. 13 points, 2 submissions: Crazybarb
    1. has anyone done the boxed deal through SB and seen a credit on Drop Yet? (9 points, 6 comments)
    2. Wondough?? (4 points, 3 comments)
  95. 13 points, 1 submission: Bruinsrock11
    1. Coke Rewards Amazon cards only for Christmas time? (13 points, 23 comments)
  96. 13 points, 1 submission: CryptoBobs
    1. Is perk dead? (13 points, 18 comments)
  97. 12 points, 2 submissions: DBcartera
    1. FREE Aelf Tokens (already on exchange and trading) (10 points, 55 comments)
    2. IOS airdrop and already on the market (2 points, 15 comments)
  98. 12 points, 1 submission: Hello661
    1. Lootpalace was hacked (12 points, 8 comments)
  99. 12 points, 1 submission: frugalfinances
    1. Gas Rebates - GetUpside Launching in Miami (12 points, 1 comment)
  100. 11 points, 1 submission: Moneyekim
    1. I have a TON of old receipts. Are there any websites that would pay me for them? Or are they too old? (11 points, 11 comments)

Top Commenters

  1. adriansoft (384 points, 25 comments)
  2. ProudOwl (315 points, 99 comments)
  3. nd130903 (291 points, 79 comments)
  4. themightyox (257 points, 33 comments)
  5. Enigmius1 (253 points, 82 comments)
  6. Justanothernolifer (226 points, 5 comments)
  7. EL_Tirano (176 points, 1 comment)
  8. alzee76 (169 points, 14 comments)
  9. timmymacapone (136 points, 27 comments)
  10. ed1380 (131 points, 4 comments)
  11. roads30 (126 points, 62 comments)
  12. Bzttid (112 points, 12 comments)
  13. Mikazah (110 points, 36 comments)
  14. cybermistt (103 points, 10 comments)
  15. Sub-Surge (102 points, 40 comments)
  16. elpeatonlf (95 points, 8 comments)
  17. CodeSpent (94 points, 19 comments)
  18. Nettleberry (89 points, 1 comment)
  19. Jimjongjung (87 points, 4 comments)
  20. broomlad (87 points, 4 comments)
  21. armyguyinpa (86 points, 22 comments)
  22. MidgardWyrm (86 points, 13 comments)
  23. JasonMckennan5425234 (82 points, 33 comments)
  24. thelaughingcactus (82 points, 12 comments)
  25. toxic08 (81 points, 3 comments)
  26. pete_the_mouse (79 points, 20 comments)
  27. komentra (77 points, 10 comments)
  28. jjharkan (74 points, 24 comments)
  29. Semen-Thrower (72 points, 22 comments)
  30. chickennuggetyummy (71 points, 10 comments)
  31. Threw_it_to_ground (70 points, 40 comments)
  32. FlippinWaffles (70 points, 3 comments)
  33. ChaosZeroX (69 points, 17 comments)
  34. ThedudeabidesWR (69 points, 11 comments)
  35. JacobDefinedCrowd (68 points, 50 comments)
  36. cancerofpassion (68 points, 8 comments)
  37. PureGold07 (67 points, 7 comments)
  38. StimulisRK (67 points, 3 comments)
  39. kevinstonge (66 points, 3 comments)
  40. cazaputas41 (63 points, 15 comments)
  41. sockpuppets (62 points, 1 comment)
  42. EricFarmer7 (60 points, 7 comments)
  43. MsLT (56 points, 13 comments)
  44. deadfire55 (55 points, 1 comment)
  45. oh-wtf (55 points, 1 comment)
  46. ktodd087 (52 points, 2 comments)
  47. JOJOawestruck (51 points, 26 comments)
  48. holmesksp (50 points, 2 comments)
  49. sfcitylights (50 points, 2 comments)
  50. solly93 (50 points, 1 comment)
  51. jump101 (47 points, 30 comments)
  52. zarraza2k (46 points, 21 comments)
  53. CanfieldOO7 (45 points, 34 comments)
  54. markmore679 (44 points, 5 comments)
  55. kanundrum1134 (43 points, 22 comments)
  56. GrindabuckOfficial (43 points, 14 comments)
  57. Auntie_B (43 points, 7 comments)
  58. Honkmaster (43 points, 4 comments)
  59. ZeroCoolFarmer (42 points, 13 comments)
  60. craftsntowers (42 points, 5 comments)
  61. r_sarvas (41 points, 23 comments)
  62. TBWolf (41 points, 4 comments)
  63. dondonchacha (40 points, 23 comments)
  64. SometimesIgorina (39 points, 25 comments)
  65. AnotherSupportMain (38 points, 17 comments)
  66. godfrauder (38 points, 1 comment)
  67. iAmAwesom3 (37 points, 4 comments)
  68. GreatCatch (37 points, 1 comment)
  69. yash1994 (35 points, 24 comments)
  70. Golden_Miner_Mod (35 points, 19 comments)
  71. Confirmatory (35 points, 7 comments)
  72. Chonjacki (35 points, 1 comment)
  73. DreamWithinAMatrix (35 points, 1 comment)
  74. shayKyarbouti (34 points, 12 comments)
  75. barrybulsara (34 points, 3 comments)
  76. specu12 (33 points, 28 comments)
  77. Mercwithapen (33 points, 17 comments)
  78. toodleoo77 (33 points, 16 comments)
  79. Crazybarb (33 points, 9 comments)
  80. histronic (33 points, 3 comments)
  81. Valalvax (32 points, 9 comments)
  82. _neminem (32 points, 9 comments)
  83. quickclickz (32 points, 8 comments)
  84. beermoney313 (32 points, 4 comments)
  85. TheMmaMagician (32 points, 2 comments)
  86. anonymous-bot (31 points, 6 comments)
  87. skeleton_irl (31 points, 1 comment)
  88. TheWriter_21 (30 points, 22 comments)
  89. bbh1nz (30 points, 6 comments)
  90. scrollbreak (29 points, 14 comments)
  91. play_it_safe (29 points, 11 comments)
  92. F1r3tar (29 points, 4 comments)
  93. KudagFirefist (29 points, 2 comments)
  94. webdevop (29 points, 1 comment)
  95. Fishering (27 points, 21 comments)
  96. TechnicalIsle (27 points, 11 comments)
  97. DerReise (27 points, 7 comments)
  98. morecrazythanyou (27 points, 6 comments)
  99. HIGHIGHIGHIGHIGH (27 points, 1 comment)
  100. perko12 (26 points, 10 comments)

Top Submissions

  1. If you're thinking of selling your old devices for money, think twice before using Decluttr by cancerofpassion (464 points, 51 comments)
  2. Accidentally made $5 and developed from there to over $1000 last month - anyone can do it - AMA by ProudOwl (371 points, 220 comments)
  3. YouTube has changed their monetization policy. If you've got a channel generating revenue passively, you may lose monetization [Link Included]. by thelaughingcactus (350 points, 204 comments)
  4. Can we stop with the cryptocurrency posts? by bengael (327 points, 66 comments)
  5. Uber for Tech Support $300 monthly average by CodeSpent (291 points, 67 comments)
  6. Question Generation (Writing!) $8 to $16/hour ($0.14 per question) - Native US English Only by JacobDefinedCrowd (230 points, 140 comments)
  7. I made +$20 000 in revenue since July 2017 selling apparel with Printful & Redbubble by timmymacapone (227 points, 133 comments)
  8. Who Paid You FoIn December. Here is my list by themightyox (227 points, 66 comments)
  9. If you have an unused parking space in your driveway, list it on Dryveways to start making some extra beer money. App is available on iTunes & Google Play Store. by Dryveways (205 points, 32 comments)
  10. [ADVICE]Beware of answering the surveys that ask you who your best friend is or what your mother's maiden name is... by yoasiango (203 points, 17 comments)

Top Comments

  1. 290 points: adriansoft's comment in If you're thinking of selling your old devices for money, think twice before using Decluttr
  2. 223 points: Justanothernolifer's comment in YouTube has changed their monetization policy. If you've got a channel generating revenue passively, you may lose monetization [Link Included].
  3. 176 points: EL_Tirano's comment in If you have an unused parking space in your driveway, list it on Dryveways to start making some extra beer money. App is available on iTunes & Google Play Store.
  4. 129 points: deleted's comment in What is the hardest way to make money online?
  5. 101 points: ed1380's comment in What is the hardest way to make money online?
  6. 89 points: Nettleberry's comment in If you're thinking of selling your old devices for money, think twice before using Decluttr
  7. 82 points: cybermistt's comment in Beer money services that aren't brain numbing?
  8. 75 points: toxic08's comment in YouTube has changed their monetization policy. If you've got a channel generating revenue passively, you may lose monetization [Link Included].
  9. 74 points: nd130903's comment in [ADVICE]Beware of answering the surveys that ask you who your best friend is or what your mother's maiden name is...
  10. 74 points: themightyox's comment in Who Paid You FoIn December. Here is my list
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

How to earn Bitcoin?

Overview - Table of Contents Introduction to Earning in Bitcoin Work for Bitcoin Sell for Bitcoin Affiliate Programs Gambling Bitcoin Mining Hardware Mining Cloud Mining Introduction to Earning in Bitcoin Bitcoin is the most popular digital currency in the world today. Bitcoin cloud mining is the fastest way to immediately begin earning bitcoins. Bitcoin is built using very complicated cryptographic principles, and supported by countless individuals and companies from all around the world. By early 2016, total Bitcoin market capitalization had crossed USD 7 Billion, making it almost as valuable as the GDP of a small country like Bahamas. All the other digital currencies together do not constitute even 20% of Bitcoin’s market capitalization, underlining the its dominance and importance in the world of digital currencies.
With such a huge amount of world’s capital available in the form of Bitcoins, the number and types of opportunities to earn in bitcoins are increasing by the day. In this article we will discuss such opportunities that help us earn bitcoins.
We will start with the easiest, or the one that is applicable for the maximum number of people, and then move to the tougher ones. In the end we will cover earning bitcoins by mining. Bitcoin mining is not an easy way to earn bitcoins, but we do have a number of easier ones we will discuss first. So lets start with ‘earning bitcoins by offering your services’
Work for Bitcoin Perhaps the easiest way to earn bitcoins is to work online or in real life for bitcoins. Because of the huge size of the bitcoin eco-system, a number of such opportunities and jobs are available. With Billions of dollars invested in Bitcoin by tens of thousands of people, there is a real market in Bitcoin, where you can find jobs for freelancers, software developers, writers, and others who get paid in bitcoins for their services.
Software development, writing, design, making websites or apps, audio transcription, are some of the most active types of jobs. You can easily discover the types of jobs by going over the more popular job boards for bitcoin related work. The following job boards or forums are some of the best places to look for such jobs or gigs.
Freelancing
XBTfreelancer Cryptogrind Bitlancerr Coinality Bitgigs Jobs4Bitcoins Rein Project Crypto Jobs List Market Places
OpenBazaar Purse.io Bitify /bitmarket 21 Market Video Streaming
Watchmybit Streamium.io Tasks
Bitasker BitforTip WillPayCoin File/Image Sharing
Supload.com SatoshiBox JoyStream Advertising
CoinAd A-ads Coinzilla.io Also, check BitcoinGames for ideas on earning bitcoin and blockchain game assets.
Sell for bitcoin You can also get Bitcoin by selling your old laptops, phones or other items for Bitcoins. Such types of transactions are happening more and more, and a lot of buyers are already buying anything from iPhones to even cars by paying with Bitcoins. For Americans, Craigslist.com is your best bet when you want to find such buyers. You can mention in your ad that you are willing to take payment in Bitcoin. This way if anyone wants to buy the item for you for Bitcoin, they can contact you and make an offer. The same principle applies to other online marketplaces such as gumtree for UK, kijiji for canda etc.
Affiliate Programs Affiliate programs allow a promoter of a business or product to earn money or bitcoins by refering new clients to such businesses or products. For example, amazon.com has a popular affiliate program, where you can earn commission ranging from 2% to 20% for refering clients to products listed on amazon.com. Amazon normally pays in dollars, but there are a number of other sites and businesses which pay you in bitcoin for acting as their affiliate.
Some of the more popular affiliate programs that pay out in Bitcoin are by the sites: cex.io, coinbase.com, okcoin.com and namecheap.com, among others. You can find a larger list of such affiliate programs on the bitcoin wiki page for Affiliates.
Gambling We do not recommend gambling for every player or every user; we find that gambling is only suitable for people who know how to win at it. However, if you are one of such lucky users who have some tricks up their sleeves, and can manage to win at games such as poker, then you will find that earning bitcoins is not that hard.
One of the many applications of bitcoin since the very beginning have been in betting games or gambling. Because of the relative anonymity of bitcoin, and the lower fees, it is very suitable for gambling related applications. Indeed, one such game, satoshiDICE, has been running since 2012, and has paid out a huge number of bitcoins in innumerable transactions to its winners. There are many such games, which you can find be googling.
If you want to gamble totally anonymously, you can play gambling or betting games that are available only on darknet or .onion sites. Such sites allow you to browse them anonymous by operating on the tor network, which is a secure network that allows users to browse .onion websites without exposing their own IP address.
Bitcoin Mining For each block that is added to the Bitcoin Blockchain, a number of bitcoins are rewarded to the creater of that block. This reward is currently, as of June 2016, 25 bitcoins per block, and it halves every four years. The next halving will be in July 2016. Creating or finding the new blocks, and therefore winning the reward of 25 bitcoins for each block you create, is called bitcoin mining. To do bitcoin mining successfully, you need very powerful computers, which compete with other computers to find the next block. The speed or power of computer that do bitcoin mining is calculated in hashes calculated per second.
There are two ways to do bitcoin mining: one is to own hardware or computers that do the mining, and second is to hire the hardware from a third party, usually online, and do the mining on the cloud. Let us discuss the advantages and disadvantages of both in next two sections.
Hardware Mining When you own the hardware that does the calculations and mining of bitcoins, its called hardware mining. Hardware mining is the more popular or prevalent of the two types of mining we mentioned. One of the biggest factors which comes into play when doing bitcoin mining using your own hardware is the price of electricity. If you pay top price for electricity, then bitcoin mining may not be your cup of tea. Another related factor is infrastructure needed to cool the hardware; since every cpu generates some amount of heat, you may need to cool the hardware in case they become too heated. No wonder that some of the most successful miners work from China, specially Tibet, where they can get cheap electricity, and their cooling costs are low due to high altitude which reduces the ambient temperature for them.
For a more in-depth information on how to setup your hardware mining equipment, have a look at the Antminer setup page.
Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are:
AntMiner S7 AntMiner S7 Bitcoin Miner 4.73 Th/s 0.25 W/Gh 8.8 pounds Yes $479.95 AntMiner S7 Bitcoin Miner 0.1645
AntMiner S9 AntMiner S9 Bitcoin Miner 13.5 Th/s 0.098 W/Gh 8.1 pounds Yes $1,987.95 AntMiner S9 Bitcoin Miner 0.3603
Avalon6 Avalon6 Bitcoin Miner 3.5 Th/s 0.29 W/Gh 9.5 pounds No $499.95 Avalon6 Bitcoin Miner 0.1232 Cloud Mining There are a number of service providers that allow you to rent computational hardware from them, which can then be used to do bitcon mining. Some of these services are designed with bitcoin mining in mind, whereas others such as Amazon AWS are general purpose services that can also be used to do bitcoin mining.
Some of the cloud mining services which can be used to do bitcoin mining on the cloud are:
Hashflare Review: Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s.
Genesis Mining Review: Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Zcash mining contracts are also available.
Hashing 24 Review: Hashing24 has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible.
Minex Review: Minex is an innovative aggregator of blockchain projects presented in an economic simulation game format. Users purchase Cloudpacks which can then be used to build an index from pre-picked sets of cloud mining farms, lotteries, casinos, real-world markets and much more.
Minergate Review: Offers both pool and merged mining and cloud mining services for Bitcoin.
Hashnest Review: Hashnest is operated by Bitmain, the producer of the Antminer line of Bitcoin miners. HashNest currently has over 600 Antminer S7s for rent. You can view the most up-to-date pricing and availability on Hashnest's website. At the time of writing one Antminer S7's hash rate can be rented for $1,200.
Bitcoin Cloud Mining Review: Currently all Bitcoin Cloud Mining contracts are sold out.
NiceHash Review: NiceHash is unique in that it uses an orderbook to match mining contract buyers and sellers. Check its website for up-to-date prices.
Eobot Review: Start cloud mining Bitcoin with as little as $10. Eobot claims customers can break even in 14 months.
MineOnCloud Review: MineOnCloud currently has about 35 TH/s of mining equipment for rent in the cloud. Some miners available for rent include AntMiner S4s and S5s.
Written by Bitcoin Mining on May 4, 2016.
submitted by mibmabus to u/mibmabus [link] [comments]

Ads for 2017-05-02 (1 / 2)

Subreddit Title Brand
AskReddit What would be shown on a NSFW Mr. Rogers neighborhood show for adults? Rogers
mildlyinteresting Made these bricks from Lego molds that we filled we Jello. Lego
pics Effects of Agent Orange on children in Vietnam Orange
news Active shooter incident at Colgate University right now. Not in the media yet. Fingers crossed it turns out okay. Link is to Colgate's website. Colgate
gaming Craziest Modded Xbox I've Ever Seen Xbox
gaming Outlast 2 with Philips Hue lights xpost from /outlast Philips
AskReddit What is your favorite place to visit in the continental United States? United
news Active shooter on Colgate University campus in Hamilton, NY Colgate
videos My friend started a new Youtube channel to help get people into crypto currencies. He's great for answering any questions you've been afraid to ask about about Bitcoin or Etherium! Youtube
Music Whatever happened to the talented Hip Hop artist Chief Keef? His rhymes were legend and it was an honor to bump his raps in my Ford Escort. Ford
todayilearned TIL in 2001, the United States' military airdropped 2.4 million Pop-Tarts in Afghanistan during the US invasion. United
pics Going through my emails today and decided to delete all 12k +the few I've read undead emails, and because Yahoo is stupid I have to scroll all th3 way to the bottom. Look what I found. Yahoo
news Police Respond to Reports of 'Armed Person' at Colgate University Colgate
television The fall of ESPN has begun… and it’s only going to accelerate ESPN
WritingPrompts WP in the near future, various chains and companies let their mascots get snarky with each other on Twitter, firing various insults and burns back and forth. Until one day, a mascot Twitter takes things a little too far. Twitter
Showerthoughts The last cell carrier to offer Paul Marcarelli, the "Can you hear me now?" actor from Verizon now at Sprint, more money will win. He's left all the other carriers and the last one will look the best in comparison. Verizon
pics When the jerks at Whole Foods cram everything into one bag because they are in a hurry Whole Foods
gaming I bought every Mario toy they had at McDonald's over the weekend McDonald's
gaming I bought every Mario toy they had at McDonald's over the weekend McDonald's
mildlyinteresting top right Google Chrome on Mobile displays a :D when you reach 100 open tabs Google
funny Parody of "Coming Out" Youtube Videos Youtube
videos What happens when you combine 2 Google Home bots desperately trying to conversate between each other and Twitch chat Google
news Portland May Day Protesters Hurl Cans of Pepsi at Cops Pepsi
pics My suicidal nephew posted this on his Facebook today, he is now surrounded by loving family. Facebook
AskReddit You rub a Diet Pepsi bottle and a genie wearing a polyester suit emerges. This is the Mediocre Genie, who can make instantly you proficient in a below average way in the skill of your choosing. What is your wish? Pepsi
Jokes Just got an email from Google explaining how to read maps backward... Google
worldnews Venezuela's President Maduro calls for new constituent body - BBC News BBC
worldnews Report: Facebook helped advertisers target teens who feel “worthless” Facebook
movies Jack Black in Orange County will always be a favorite of mine! Orange
personalfinance Discover and Chase are suddenly offering free credit checks in their apps that dont hurt your credit score. is this legit? Chase
Jokes What the pirate said when he left the Honda dealer... Honda
nottheonion Australian detained in United States for 'overstaying visa by 90 minutes' United
pics In the back of a taptap pickup truck in Port au Prince Haiti, feat. Mom au
personalfinance Can you get Chase Sapphire Preferred annual $95 fee waived? Chase
Showerthoughts Someday, we will all be saying "Back in my day, we had to Google things we wanted to learn" Google
WritingPrompts WP "We are an Army of Stars unleashed.The Sky takes notes when we speak. Our capes move with the Wind.Because of the Wings beneath. This is Royalty" Sky
nosleep This guy from my school went missing after shooting a video for his Youtube channel on illegal grounds. Youtube
news [Seattle May Day demonstrators pass ‘peace joint,’ share Pepsi The Seattle Times](https://www.reddit.com/news/comments/68r2q7/seattle_may_day_demonstrators_pass_peace_joint/)
Showerthoughts "The Sky is the Limit" is a pretty poor thing to say to someone aspiring to be an astronaut. Sky
Showerthoughts All I need is a driver's license to rent a box truck U-Haul, but I need to be 25 to rent a Honda Civic Honda
AskReddit Your last Google search is your super power, while your second to last unrelated search is your weakness. What are you master of? Google
space Neil DeGrasse Tyson on Colbert Tyson
TwoXChromosomes How Intel Eliminated Its Own Gender Pay Gap Intel
AskReddit What happens if you steal an iMac from the Apple Store? Apple
videos Introducing The Frork™: McDonald's Latest Invention ft. Anthony Sullivan McDonald's
pics Guess they REALLY want you to update. People using an older version of the Youtube app are punished with a 30 second wait everytime they go back into it. Youtube
aww My Sadie Bell in a Minnie Mouse outfit Bell
AskReddit Could two smart computer science PhD students create a search engine that unseats Google? How vulnerable is Google to this possibility? Google
todayilearned TIL there are 71 different gender options on UK Facebook 50 in America Facebook
dataisbeautiful Top Movies as Percent of Industry Box Office Total OC Total
gaming Xbox One and Xbox 360 Deals With Gold until May 9 announced: ‘Street Fighter X Tekken’ and ‘DmC: Definitive Edition’ among the best deals Xbox
nottheonion Australian detained in United States for 'overstaying visa by 90 minutes' United
sports Pregame - Chicago Bulls vs Celtics Game 6 @ the United Center United
worldnews North Korea says it is 'ready for war' with Donald Trump's United States United
worldnews Indian IT services firm Infosys plans to hire 10,000 American workers, open 4 U.S. tech centres Infosys
AskReddit What's the most WTF thing you've ever heard or read about the United States or its culture? United
worldnews Google, Amazon And eBay Discontinue Support For Apple Watch Apple
worldnews Google, Amazon And eBay Discontinue Support For Apple Watch eBay
worldnews India-based IT services firm Infosys said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States after Trump targets outsourcing firms Infosys
worldnews India-based IT services firm Infosys said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States after Trump targets outsourcing firms United
Music [Mayors bet music, BBQ sauce over Blues-Predators semifinal FOX Sports](https://www.reddit.com/Music/comments/68rs4y/mayors_bet_music_bbq_sauce_over_bluespredators/)
AskReddit How does Apple take stunning photos for its iPhone advertisements? Apple
nottheonion Protesters throw Pepsi cans at police during May Day demonstrations Pepsi
gifs 1950's Ford dump truck doing a wheelie Ford
nottheonion Sierra vista woman finds note from Chinese prisoner in Walmart purse Walmart
AskReddit What will happen if Google starts charging for every search? Google
AskReddit Designers of Reddit logo, why the orange tint to the red. Are we hint hint hinting for a love of Orange people? Orange
AskReddit if Kraft Punk is the cheese-off of Daft Punk, what would be the cheese-off of other famous bands? Kraft
worldnews UK should not back US Middle-East policy, say peers - BBC News BBC
funny Found this guy on Google street view Google
funny Australian Uber driver accidentally picks up a sex worker instead of his real lift! The resulting conversation is hilarious! Uber
mildlyinteresting The McDonald's app looks like an tear-off calendar. McDonald's
television Neil deGrasse Tyson Imparts Sexy Cosmic Knowledge The Late Show with Stephen Colbert Tyson
Showerthoughts We would have figured out the concept of gravity way earlier if Adam had applied his brain instead of instinctively eating that Apple ! Apple
mildlyinteresting Today I noticed that Google Calendar's favicon has the day of the month Google
Music Fiona Apple - Shadowboxer Piano Pop Apple
dataisbeautiful Cultural value orientation scores for 80 countries based on research by Shalom H Schwartz using Google Sheets OC Google
pics This Volkswagen has a integrated Beer opener. Volkswagen
AskReddit Can anybody tell me if adidas are going to release black adidas manias in their new champagne pack? and if so, when will they be released? adidas
sports Why is ESPN laying off so many people? ESPN
videos ELLIE GOULDING - First Land Rover Velar driver in New York City. Land Rover
AskReddit What are some of the most mysterious/creepy things you've seen on Google Earth? Google
LifeProTips LPT: Mother's Day in the United States is 12 days away. United
movies Johnny Depp is fed lines through earpiece, ex-managers claim - BBC News BBC
AskReddit Has anyone actually won something from those Facebook "Share, Like & Win" Posts, what did you win? Facebook
photoshopbattles PsBattle: This awesome 40 dollar foot tattoo sold on a Facebook yard sale site.. Facebook
pics This is where Walmart wants their carts Walmart
AskReddit Why are the Ocean and Sky blue? Sky
AskReddit Apple, Google or Microsoft - who will fail first ? Google
AskReddit Apple, Google or Microsoft - who will fail first ? Microsoft
mildlyinteresting My school used an old Apple iPhone to remind students about no electronic devices during testing Apple
sports 18 year-old Mike Tyson with Cus D'Amato before Tyson's first professional fight against Hector Mercedes on March 6, 1985 in Albay, NY. Tyson
worldnews Hackers Alert: Orange Is The New Black S05 Leaked Online Orange
explainlikeimfive ELI5:Why do mobile games want me to log into Facebook and Twitter? What do they gain? Facebook
mildlyinteresting This Volkswagen Golf has an integrated Beer opener. Volkswagen
personalfinance Just leased a CPO '15 Lexus GS350 two months ago for 3 years.. I hate it. Keep or roll into a new financed car I want? Lexus
gaming Shadowrun was one of the best shooters of last gen and it recently became backwards compatible on Xbox One. Check out this video that explains all of the different abilities and weapons. It's an amazing game and probably the best game you have never played Xbox
Showerthoughts Vaping is to cigarettes what Google Glass was to sunglasses. Google
videos A mashup of almost every Walt Disney Animation Studio release Walt Disney
todayilearned TIL there would be no Apple without Walter L. Shaw according to Jobs. Inventions based on his patents include: the speakerphone, call forwarding, conference calling and the answering machine. As well as the black box. Apple
todayilearned TIL that The McAfrika was a burger sold by McDonald's in Norway and "traded" as a Limited Edition Olympic Games Burger. It attracted significant public criticism as a result of its name and the timing of its launch. McDonald's
AskReddit If we saw your recent Google search history what would we think about you? Google
worldnews France election: Watch Le Pen and Fillon read the same passage - BBC News BBC
worldnews Merkel presses Putin on gay rights - BBC News BBC
Futurology Chinese internet giant Tencent opens artificial intelligence lab in Seattle Tencent
gaming Just got an Xbox one tried all the microphones I own this was the only thing that worked. Xbox
news H-1B Visa Effect: Infosys To Hire 10,000 American Workers - NDTV Infosys
science Increasing the percentage of elementary school children in the United States who participate in 25 minutes of physical activity three times a week from 32 percent to 50 percent would avoid $21.9 billion in medical costs and lost wages over the course of their lifetimes, new research suggests. United
Documentaries MSNBC's Controlled Opposition: Myth of the Progressive Media2016-Examines MSNBC's Role As A "liberal" Arm of the Corporate Media Progressive
food HOMEMADE Apple Pie Apple
funny Out-of-sync Facebook video grabs Facebook
news GM, Ford and Toyota all post U.S. sales declines in April Toyota
news GM, Ford and Toyota all post U.S. sales declines in April Ford
television "Put down the book, pick up the remote" Collider TV Talk is going live and daily for this week. One of my favourite Youtube shows discussing all things television. Youtube
videos Introducing Microsoft Surface Laptop Microsoft
explainlikeimfive ELI5: Why is the United Airlines CEO testifying before the US Congress? United
Showerthoughts With nearly $250 billion in cash, Apple can now credibly buy an entire country. Apple
worldnews Jordan Edwards shooting: Texas police change account of death - BBC News BBC
videos Revised Toyota Hilux now handles the moose test Toyota
funny This is the second time my local news station has posted something on Facebook without first reading it.... the comments section is blowing up! Facebook
personalfinance Reallocate Target Date Fund? Target
Showerthoughts Even if the Google ad on top of the search result is exactly what I'm looking for, I'll still instinctively click on the same page that isn't displayed as an ad. Google
AskReddit Why do does the Google store say 17+ but when you download a dating app, you have to be 18? Google
videos Neil deGrasse Tyson Gives Audience a Science Boner. Tyson
explainlikeimfive ELI5: Why do people hack others Facebook profiles and start a new one? Facebook
nottheonion Indian IT firm Infosys to hire 10,000 American workers Infosys
pics This is the second time my local news station has posted something on Facebook without first reading it.... the comments section is blowing up! Facebook
pics The new Fanta logo and bottle design in the UK Fanta
funny This Microsoft Support agent came on a little strong Microsoft
news Jordan Edwards shooting: Texas police change account of death - BBC News BBC
todayilearned TIL the United States national bird, the bald eagle, was saved from threat of extinction by the actions of the EPA and a Chippewa National Forest Wildlife biologist. United
news Brexit: Theresa May says she'll be 'bloody difficult' to Juncker - BBC News BBC
AskReddit You've been hired to produce a job posting for President of the United States of America. What does your post say? United
askscience How do forward swept wings on an aircraft differ from a Delta wing and a straight wing? Delta
mildlyinteresting This charging station at my local Audi dealership. Audi
Music Enrique Iglesias - Be With You Dance Pop Acoustic Walmart Soundcheck Walmart
videos Introducing Microsoft Surface Laptop Microsoft
Showerthoughts I haven't actually seen any Apple wireless earbuds in use Apple
mildlyinteresting This sponsored result for Ford when searching for Chevy Ford
funny [Protesters throw Pepsi cans at police during May Day demonstrations World news](https://www.reddit.com/funny/comments/68ubsprotesters_throw_pepsi_cans_at_police_during_may/)
news [Protesters throw Pepsi cans at police during May Day demonstrations World news](https://www.reddit.com/news/comments/68ubup/protesters_throw_pepsi_cans_at_police_during_may/)
Showerthoughts Searching Google on Bing is like a girl asking a friendzoned guy to help her find a boyfriend Google
Music Cameron Grey - Cocaine Ferrari hip-hop 2017 - This kid quietly dropped his album with major production including a track by Kanye Still Trappin and no one knows yet Ferrari
Jokes TIL that Subway will give you your money back if they mess up your order. Subway
videos Venus Ferrari - Beautiful Disaster Electro pop 2017 Ferrari
videos Just a Porsche towing a 314-ton jumbo jet. Porsche
Music Venus Ferrari - Beautiful Disaster Electro pop 2017 Ferrari
pics Saw a Ferrari today. Reminded me of someone... Ferrari
funny Saw a Ferrari today. Reminded me of someone! Ferrari
listentothis Kardashev -- Between Sea and Sky Atmospheric Deathcore / Ambient Sky
Showerthoughts Thank you Google maps for keeping up with my every move then updating me with a creepy "everywhere you were" notification on my phone. Said no one, ever. Google
AskReddit Which is Most Popular Team? Manchester United or Manchester City? United
todayilearned TIL that in the 90's, Coca-Cola tested vending machines that would automatically change prices based on the temperature outside. The higher the temperature the higher the price. Coca-Cola
videos Check out my Friends new Youtube Channel! Youtube
worldnews FBI woman went to Syria to wed IS recruiter she investigated - BBC News BBC
AskReddit Serious Why does the United States think it alone has a god given right to possess nuclear weapons? United
space Cassini Just Dove Into way-too-quiet ‘The Big Empty’ Between Saturn and Its Rings Dove
funny My Mom went from POS to Ferrari in one day. Go Mom!!! Ferrari
news Facebook denies targeting insecure users - BBC News BBC
television How ESPN Became A Conservative Cause ESPN
videos How I Do $250,000 a Month Selling Alibaba and Ali Express Products on eBay & Amazon Alibaba
videos How I Do $250,000 a Month Selling Alibaba and Ali Express Products on eBay & Amazon eBay
worldnews Hackers used Microsoft Word bug 'for months' Microsoft
aww Sai Mama Caterpillar - Sai MaMa Caterpillar says: "Teaching a Child not to squish a bug..." "...Does More for the Child than for the Bug" Caterpillar
worldnews FBI Director Comey, NSA Director Rogers will testify about Russia on Thursday Rogers
worldnews The United States on Tuesday criticized Venezuelan President Nicolas Maduro's intent to create a new super-body known as a "constituent assembly," saying it was an attempt to cling to power United
videos New and Improved Pepsi Ad featuring Kendall Jenner - Purposely Shitty Version Pepsi
pics An old deck of United Airlines cards from my gf's grandparent's Cribbage set. United
gaming An Xbox Pro Tip from me: Easily mark which games in your collection are backwards compatible by using small green color coding stickers. Xbox
AskReddit Who do you want to be the 46th President of the United States of America and why? United
mildlyinteresting Found a vintage Nike jacket at Goodwill with ticket stubs to Forrest Gump in the pocket Nike
pics Simulated tilt-shift of the new Apple campus. Apple
funny I guess Uber has a new payment method. Uber
worldnews 50,000 Haitians living in the United States could face deportation United
Showerthoughts Uber ratings shouldn't be affected by being drunk in the car. One of the main reasons I Uber is so I don't drive under the influence, so why should that make it harder for me to request a ride in the future? Uber
funny Oh Facebook marketplace, you never cease to amaze me. Facebook
mildlyinteresting This steak that looks exactly like the the contiguous United States United
funny When Taco Bell asks if you got your drink yet and you didn't even order one...just go with the flo Bell
mildlyinteresting Found this 56 year old Pepsi bottle today with the cap on. Pepsi
mildlyinteresting This Nike outlet offers try on socks Nike
todayilearned TIL the founders of The North Face and Patagonia drove from San Francisco to South America on a bus to surf when they were young, and remained friends until death. The North Face
AskReddit Where are porn films made in the United States? United
todayilearned TIL that BBC reported the World Trade Center tower 7 collapsed 20 minutes before the building actually fell. BBC
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Mine Bitcoin / Cryptocurrency On iPhone Best Bitcoin Mining Site & Android/Iphone  No Fee + No ... HOW TO MINE BITCOIN ON YOUR IPHONE!! (NO JAILBREAK!) - YouTube Best Free Bitcoin mining  earn up to 0.025 BTC every day ... Bitcoin Mining mit IOS iPhone iPad Geld verdienen Bitcoins deutsch

Bitcoin was not yet supported at the moment of writing this article. The iPhone 6 has 25/30 Hash Rate (H/s), the iPhone 8 55 H/s and the iPhone X (iPhone 10) 65 hashes per second. While using the iPhone to mine, the CPU is used at 100 percent and the battery drains quite fast. But if it is charged, then it can be mining all day long. 4. Bitcoin Billionaire. This is a game where you simply need to keep tapping the screen to mine and win. With very little effort on your part, you get a substantial return of crypto which can prove to be incredibly profitable for something that does not require you to do much. A long time ago anyone could mine bitcoins on their computer at home. Today, only specialized computer hardware is powerful enough to do this. Think about it like this: Should you buy gold or mine gold? Well, to mine gold you need big powerful machines, a lot of time, and money to buy the machinery. This is why most people just purchase gold online or from a broker. So Bitcoin is no different ... Another way of getting hands on Bitcoins is by buying it from cash machines or you can mine Bitcoin. ... to mine Bitcoins. This, along with the fact that by December 2017 there were already 16,726,863 Bitcoins available only 21 million Bitcoins can be mined. How to Get Bitcoin Wallet . As discussed earlier, if you want to buy Bitcoins from iPhone a Bitcoin Wallet is needed. There are a variety ... Let’s see.. 1. Jailbreak your iPhone. 2. Download Python (or a BTC Miner tweak if you can find one, skip part 3) 3. Download a miner script written Python. 4. Run it. You won't profit so I don't advice you to do it.

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Mine Bitcoin / Cryptocurrency On iPhone

Easiest way to mine Bitcoins and other cryptocurrencies with laptop. Click here to register on MinerGate: https://minergate.com/a/69306d2babcd442ed23df5f9 Cl... New video on how to set up a different coin/pool: https://www.youtube.com/watch?v=0nM8eTSbPbc App Download link: https://github.com/jaygreco/MobileMiner Cydi... In this video i will show you how to mine Bitcoin or any other crypto currency such as Monero on your Android phone using a mining software called MinerGate BEST WAY To Mine Bitcoins with these simple Steps. 💰 Make up to $5000 Online With Zero Effort For Free Starting Today Make Money Online https://bit.ly/33GJ8X... Hello everyone, Today's video is about how to mine Bitcoins using Android. Hope you folks enjoy :) *Comments of the video are disabled due to high number of ...

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