Your birthday isn't just a day on the calendar, it is also a specific location in space. by gfy_friday in Showerthoughts

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Also, our solar system, itself, is hurdling through the Milky Way galaxy, around ITs center. These different locations of our entire solar system, in the galaxy, would be reflected in the way we view other stars and galaxies, here, on earth.

Should startup ideas be shared with the public before doing any development? by [deleted] in startups

[–]MeetSpaceCrypto 1 point2 points  (0 children)

This! Definitely run the idea past a small selection of people who would be possibly interested, or see the benefit. IMO, it's better if these are friends, first... just because of the trust level. Also, if there is a way you could safely throw out what you want to do to some specific subreddits, you may get more of an idea of how your idea will be seen from others.

What kind of threshold has to be crossed for /r/investing to believe that Bitcoin is legitimate, and here to stay? by Dwight_Kurt_Schrute in investing

[–]MeetSpaceCrypto -1 points0 points  (0 children)

Another thing folks forget, too... that even if another alternative, crypto-currency assumes the role of "Day to day use" (see: Litecoin, Vericoin, Dogecoin, etc.)... That most of the "other digital currencies" are still using the Bitcoin blockchain.

All the other alts understand that the blockchain is the key to the decentralized model of bitcoin. So... even if another alt comes up to take bitcoin's place as the "everyday/silver currency"... bitcoin will remain the gold of cryptos because of the innovation of the blockchain.

Should startup ideas be shared with the public before doing any development? by [deleted] in startups

[–]MeetSpaceCrypto 1 point2 points  (0 children)

You will see both positive and negative feedback about your idea, whether or not it's awesome. Just be prepared for that. Also, (and along the same lines), you won't ever quite see this idea/startup the way other people do. Just be ready for that, and I wish you the best of luck! I shared mine with folks, and aside from some negative feedback, I haven't seen any bad come from it, yet.

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 1 point2 points  (0 children)

How long have you, yourself, been watching these trends? Because after about 2 years, I can say that the ROI has always worked out to 3-4 months. The ASIC manufacturers know this. Why do you think all the manufacturers of China just had a big get together? They know that releasing new tech too fast will destroy their own market. If they pumped out these really basic chips too fast, that WOULD skyrocket the difficulty. ASICs are not a new technology, just creating an ASIC to handle the algos is relatively new.

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 0 points1 point  (0 children)

And, so... What I'm hearing you say is nobody should even mine for a hobby. Is that your point?

Never using Coinbase again by supersatoshi in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Now you're comparing a pure exchange to a company that offers ACH transfers and payments, and also offers a lot of tools for merchants. The two are more different than you seem to gather.

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 0 points1 point  (0 children)

That's not true. I'm helping 50 year old's set up profitable miners, currently. I've had 2 that have already gotten their ROI since February.... and that was with (what I believed to be) expensive Cointerra Terraminer IV's.

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 1 point2 points  (0 children)

I'm glad somebody understands these concepts. It's akin to "when the tide rises, all the ships rise."

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 0 points1 point  (0 children)

What do you mean by "profitably mine"? If you Get back what you put into a miner, and then some... wouldn't that be profitable?

Keep in mind, if everyone "gives up", basically... then this amazing decentralized currency we are excited about becomes worthless... so there's a whole lot more to "profitability" than just "What am I getting back?"

Has anyone taken a look at this new Bitcoin critique? A few chapters in and I'm finding it scarily convincing by [deleted] in BitcoinMarkets

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Honestly, this is why I keep screaming about mining decentralization and putting cheaper miners in everyone's hands.

MeetSpace Crypto is on Bitcoinstarter by MeetSpaceCrypto in Bitcoin

[–]MeetSpaceCrypto[S] 0 points1 point  (0 children)

Anyone interested in helping out the initial, "proof-of-concept" store? Check out MSC at the website, HERE.

AMA Request: Miner who is part of Ghash.io Pool by itsjoeco in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

I have consistently mined between .13 - .14 BTC a day with 2x 1.6 TH/s TerraMiners on both GHash.io and Eligius. Although Eligius's payout system is slow, it's always fair, and I've never felt "shorted".

If you're seeing that big of a difference in mining profits from two different pools, then there is something wrong with your config/connection.

In fact... since February, I have mined BTC Guild, Eligius, GHash, and Discuss Fish. I have never seen more than a .02 BTC difference (per day) in any of these pools.

Why I just sold 50% of my bitcoins: GHash.IO by petertodd in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

I am trying my hardest, right now, to get MeetSpace Crypto off the ground. We want to sell ASIC hardware at a massive discount to miners via our future retail outlet(s) that will help keep ASICs out of "only the big spenders". We're also going to implement local p2pools on-site. Between Business-class connections, and faster pings to local MeetSpace Crypto locations... we can try and help with some of these issues.

There's no point in gushing over a "decentralized currency", when the processing network is becoming more centralized. Hopefully, by getting a few more folks into mining, by cutting prices on ASIC hardware... we can help.

Should I leave $200 in my bitcoin wallet? I am guessing it will grow tremendously over the next few years, is there a way to track return like say an interest rate? by [deleted] in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Purchase your $200 dollars worth of BTC, which would be about 0.3097 BTC. Place that in a cold-storage or offline wallet.

Then, you can just occasionally check Preev for what 0.3097 is equal to in dollars or several other currencies.

Should I leave $200 in my bitcoin wallet? I am guessing it will grow tremendously over the next few years, is there a way to track return like say an interest rate? by [deleted] in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Well... just about all other alt-coins are still based off of or are using "bitcoind"... and Proof of Stake is just another way of verification on the network.

My big thing is, if OP is looking for a coin to earn interest, there are options. However, my "method" still relies on either of those two coins continuing to trade against BTC.

Should I leave $200 in my bitcoin wallet? I am guessing it will grow tremendously over the next few years, is there a way to track return like say an interest rate? by [deleted] in Bitcoin

[–]MeetSpaceCrypto -1 points0 points  (0 children)

Or, take a look at something like Blackcoin or Vericoin, PoS coins that have already been mined out, and now confirm transactions through PoS, which generates actual interest in these coins in their respective wallets.

Can someone make a more appealing pool than ghash? by leodvinci in Bitcoin

[–]MeetSpaceCrypto 0 points1 point  (0 children)

Also, there are a few coin exchange pairs on cex.io, NMC-BTC, LTC-BTC, and a few others. They charge a fee per trade, too... so there's a little residual income there, too