Jump to content

John Korron

  • Content Count

  • Joined

  • Last visited

  • Feedback


Community Reputation

55 Excellent

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. bizzilion is the best investment site in the world INVESTMENT PLAN - 5.36% Daily For 21 Days, 126.56% After 35 Days WAYS TO CASHOUT AND DEPOSIT- Bitcoin, PerfectMoney, Payeer MINIMUM CASHOUT: As per plan MINIMUM DEPOSIT: $10 These are proofs drawn from the site https://bizzilion.com/?ref=derek543
  2. Banks will trade cryptocurrency sooner than people think, says former JPMorgan blockchain executive. If you are thinking to buy some bitcoins, it is right time as prices will go up soon. Source: https://www.cnbc.com/2018/05/18/banks-could-start-trading-crypto-soon-says-fmr-jpmorgan-executive.html
  3. Hello Cheaters. In a try to avoid scammers bitcoincheaters team decided to restrict marketplace section to 1 membergroups ONLY! From now only VIP Members will be able to make new topics to our Marketplace Sections. There are no exclusions, all Marketplace sections will be restricted. If you wann upgrade your account to VIP you must pay 40 $ via btc or Paypal Paypal : http://bitcoincheaters.com/index.php?/subscriptions/ BTC : 38JwEsPN9jU2nkHzfquEAequEQ7PkK1wZu Thank you cheaters
  4. John Korron

    Forum Rules

    Posting rules 1: Spamming is not allowed One word replies, multiple posting, post hunting is not allowed. Bumping is allowed only in marketplace one time per day(24hours). Posting in someone else's thread, where last reply is 6 months before( 1 month for request topics) is not allowed. Avoid posting "Wrong Section" and "Request for lock" etc. Punishment: 1st is warning, 2nd pm , 3rd permanent ban. 2: Offtopic, Flame posts , bad behaviour will not be tolerated Bad behaviour, flaming trolling, fighting,racism, drama, threatening others, talking about police , goverment , lawyers etc, are not allowed at all. (Continuous bad behavior EVEN at PMs/Profile Comments/Spam section are not allowed ,punishable by Moderators ONLY) Punishment: 1st is warning, 2nd pm , 3rd permanent ban. 3: Sexual, porno, gore content, insulting, warez,religion contents are not allowed It will lead to an instant removal of your post/topic/display name (avoid symbols) and will be punished. There is a special section for VIPs only for warez. Punishment: 1st pm , 2nd permanent ban. 4: Advertising rules You may only advertise your server in the right section.Anything else, is not allowed , except if you get approve from Admin.(Applies to signatures as well) Punishment: 1st is warning, 2nd pm , 3rd permanent ban. 5: No greek(or other language) in english topics and no english in greek(or other language) topics Use tags in titles if you want to discuss in another languages, example [GR] eimai ellinas. Punishment: 1st is warning, 2nd pm , 3rd permanent ban. 6: Use the correct credits when you create a new topic (bitcoincheaters sources are made from their members, who are responsible for them) 7: Botnets,Flooders,Booters and any kind of those tools are NOT ALLOWED in here! DDoSing is a global crime and its punishable. bitcoincheaters will keep its legal stance by dissalowing these kind of tools. The FBI also is reminding the public that facilitating or conducting a DDoS attack is illegal, punishable by up to 10 years in prison, as well as exposing participants to significant civil liability. The FBI is working closely with its international law enforcement partners and others to mitigate these threats. Even making fun of these, will end up to a ban. You are not even going to get warned for such situation. 8: Leeching topics from bitcoincheaters.com is not allowed. You will be punished even with permanent ban Leeching without our permission is not allowed. All members have the right to own a copyright of their work. 9: Don't use big signatures, that exceed 800x300 pixels. All oversized signatures will be deleted by administrator. Report Maxtor if you see any. 10: Disrespecting our staff will not be tolerated. They spend lots of time and effort to make the forum better. Give them the respect they deserve. If you find them abusing their privileges though, you can report them to a Higher moderator, or Maxtor 11: Stolen and Shared VIP accounts will be banned . All members must have only one account here.Multiple accounts will be banned including the main one. 12: Members who participate in other replica forums as Moderators will be chat-banned from our Community without any notification (as well their 2nd 3rd.... accounts). Such replica forums use "dirty" methods like spamming and advertising their community which is not allowed. 13: You are not allowed to post in public Personal Informations(eg pictures from other members etc) and Personal Messages. Staffers cannot judge someone from PM's with some exceptions.
  5. SSL Certificate for bitcoincheaters.com installed successfully! Now more to come soon....
  6. John Korron

    What is Bitcoin?

    To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin.” The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software. It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography. Who created it? A pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. To this day, no-one knows who Satoshi Nakamoto really is. In what ways is it different from traditional currencies? Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally. But it differs from fiat digital currencies in several important ways: 1 – Decentralization Bitcoin’s most important characteristic is that it is decentralized. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money. Bitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one. 2 – Limited supply Fiat currencies (dollars, euros, yen, etc.) have an unlimited supply – central banks can issue as many as they want, and can attempt to manipulate a currency’s value relative to others. Holders of the currency (and especially citizens with little alternative) bear the cost. With bitcoin, on the other hand, the supply is tightly controlled by the underlying algorithm. A small number of new bitcoins trickle out every hour, and will continue to do so at a diminishing rate until a maximum of 21 million has been reached. This makes bitcoin more attractive as an asset – in theory, if demand grows and the supply remains the same, the value will increase. 3 – Pseudonymity While senders of traditional electronic payments are usually identified (for verification purposes, and to comply with anti-money laundering and other legislation), users of bitcoin in theory operate in semi-anonymity. Since there is no central “validator,” users do not need to identify themselves when sending bitcoin to another user. When a transaction request is submitted, the protocol checks all previous transactions to confirm that the sender has the necessary bitcoin as well as the authority to send them. The system does not need to know his or her identity. In practice, each user is identified by the address of his or her wallet. Transactions can, with some effort, be tracked this way. Also, law enforcement has developed methods to identify users if necessary. Furthermore, most exchanges are required by law to perform identity checks on their customers before they are allowed to buy or sell bitcoin, facilitating another way that bitcoin usage can be tracked. Since the network is transparent, the progress of a particular transaction is visible to all. This makes bitcoin not an ideal currency for criminals, terrorists or money-launderers. 4 – Immutability Bitcoin transactions cannot be reversed, unlike electronic fiat transactions. This is because there is no central “adjudicator” that can say “ok, return the money.” If a transaction is recorded on the network, and if more than an hour has passed, it is impossible to modify. While this may disquiet some, it does mean that any transaction on the bitcoin network cannot be tampered with. 5 – Divisibility The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001) – at today’s prices, about one hundredth of a cent. This could conceivably enable microtransactions that traditional electronic money cannot. — Read more to find out how bitcoin transactions are processed and how bitcoins are mined, what it can be used for, as well as how you can buy, sell and store your bitcoin. We also explain a few alternatives to bitcoin, as well as how its underlying technology – the blockchain – works.
  7. John Korron


    Welcome icathialord nice to meet you , in this forum we learn all together everything about bitcoin , for growing we will help all together and the forum will go UP!
  8. Venture capital investor Fred Wilson suggested that cryptocurrency will not be a safe haven in 2019 amid a “weakening” economy, according to a blog post published Jan. 1. Wilson is an American venture capitalist and businessman, who has reportedly backed such companies as Twitter, Tumblr, Zynga, and Etsy. He is also a cofounder of New York-based venture capital firm Union Square Ventures and an early digital currency investor. In the blog post entitled “What is going to happen in 2019,” Wilson suggests that a range of events including a bear market in stocks, a “weakening” economy, and some major issues with the global economy will make investors wary of the startup sector. Wilson does not see cryptocurrencies as a safe haven, although he notes that “there will be signs of life in crypto land in 2019.” As for the impetus to the next bullish phase, Wilson lists a number of “promises” made back in 2017. Among them, he notes mining software project Filecoin from Protocol Labs, the blockchain-based payment project Algorand, and apparently a number of “next gen” smart contract platforms that can compete with Ethereum (ETH). According to Wilson, stablecoins will see significant progress and consumer adoption this year, along with non-fungible tokens, cryptogaming, and earn and spending opportunities. Wilson further states: “The area I am most concerned about are actions brought by misguided regulators who will take aim at high quality projects and harm them. And we will continue to see all sorts of failures, from scams, hacks, failed projects, and losing investments be a drag on the sector.” Moreover, Wilson believes that Donald Trump will be impeached and removed from the White House by the end of 2019 following the report issued by Robert Mueller — the sixth Director of the Federal Bureau of Investigation (FBI) — that lays out an alleged history of illegal activities by President Trump and his electoral campaign. In 2017, Wilson said that average investors should hold three to five percent of their assets in cryptocurrency. He added that he himself had crypto investments amounting to around five percent of his portfolio.
  9. John Korron

    Hello all

    Welcome mate to our new forum !
  10. We offer promotion free VIP Membership to 30 first register members in our forum when you done register sent mail to : admin@bitcoincheaters.com to obtain free VIP Membership ! Thanks
  11. Interest towards cryptocurrencies in Russia remained relatively stable throughout 2018, despite the significant drop in their prices. Ruble-denominated trade on Localbitcoins, for example, has shown a generally positive trend since last spring. In the past year, Russians also saw a growing number of other options to purchase digital coins. The last 12 months will be remembered in the crypto space as a period of bearish sentiment and shrinking capitalization. In 2018, leading coins such as BTC saw an 80 percent drop in their valuation compared to the all-time highs reached in the last weeks of 2017. However, according to Olga Prokhorova from the International Financial Center investment consultancy, the falling prices have not significantly decreased interest in cryptocurrencies, and Russia is no exception. In an interview with the Federal Press news outlet, Prokhorova quoted data from a recently published study by the University of Cambridge which revealed the number of identity-verified users in the ecosystem has increased to over 35 million. The study also noted the increased transaction volumes on P2P exchanges such as Localbitcoins from countries that have experienced monetary crisis. Russia, which has been through financial turmoil in the past, was included in this group of nations lead by Venezuela which is currently in economic trouble. With the exception of a couple weeks during this past fall, weekly Localbitcoins volumes in Russian rubles have followed an upward trend since the spring of 2018, according to Coin Dance – from the year’s low of around 740 million rubles in mid-March (~$10.6 million) to well over 1.2 billion rubles (almost $18 million) in the last full week of December. Popular Ways to Buy Digital Coins in Russia Peer-to-peer exchanges are not the only option for Russians looking to acquire cryptocurrencies. There are a number of other platforms and the Russian online publication 1rre has recently summarized the tried-and-tested alternatives, starting with exchanges that are popular in the country such as Exmo, Bitfinex and Bitstamp. Another leading global trading platform, Huobi, recently opened an office in Russia and launched a Russian-language website. Livecoin, Yobit, Hitbtc, C-cex, and Spectrocoin can also be added to the list, according to previous publications. Crypto exchanges are arguably the safest way to buy digital coins, but users need to pass KYC procedures and pay fees. Another option is to use an online payments processor such as Webmoney, which recently offered its customers the possibility to purchase and exchange cryptocurrencies with fiat money. Verified subscribers can also cash out directly to their bank cards. The major disadvantage in this case is the exchange rate, the news outlet remarks. A number of online exchangers operating in the country have become a popular choice for many Russian crypto traders. Using their services, however, is still risky and requires some research in advance. A platform called Best Change helps Russians to do that. The website provides information about different options to trade cryptocurrencies with fiat money and claims all listed exchangers are verified. Cryptocurrency teller machines have been installed in over 20 Russian cities, from the capital Moscow, with at least eight ATMs, to Yakutsk in Siberia. While most of them offer only purchases of popular digital coins such as BCH, BTC, ETH and LTC, some of these devices support sales as well. A new Russian BATM tracker, Cryptocoinmap.ru, was launched recently, as news.Bitcoin.com reported in December. Information about their fees and transaction limits can be found on Coinatmradar.com. Russians can also buy and sell cryptocurrencies using Telegram bots. One of them, @btc_change_bot, provides Russian language support. It connects buyers and sellers of electronic cash for a commission of 1 percent on the traded amount. What do you think about the options to buy and sell cryptocurrencies in Russia? Tell us in the comments section below. Images courtesy of Shutterstock. At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.
  12. Hello Cheaters. In a try to avoid scammers bitcoincheaters team decided to restrict marketplace section to 1 membergroups ONLY! From now only VIP Members will be able to make new topics to our Marketplace Sections. There are no exclusions, all Marketplace sections will be restricted. If you wann upgrade your account to VIP you must pay 40 $ via btc or Paypal Paypal : http://bitcoincheaters.com/index.php?/subscriptions/ BTC : 38JwEsPN9jU2nkHzfquEAequEQ7PkK1wZu Thank you cheaters
  13. Hello, we are pleased to announce the launch of our new forum, bitcoin has been getting into the good of our lives, here we are discussing everything about bitcoin, we buy, we sell please respect our forum and our members thanks
  14. John Korron

    The winter mining setup

    Winter is hear time to make miners profitable again. Now this only works if you realize 2 things. 1) The heat your miner puts into your home is heat you no longer need to supply. 2) The cost of electricity for your miner, is now neutral (Assuming you use electrical heating) or nearly neutral depending on your utility costs. This opens up a world of possibilities especially with mining rewards/coin prices being stagnant and on the lower side. Any old piece of gear you have kicking around is now instantly profitable for a few months out of the year, I myself am looking at at least 5 months. Now there are considerations to make such as noise and dissipating the heat. I'm again lucky in that regard, I'm using 4 Avalon 741's and they are workhorses as far as I'm concerned. They are in my basement which is a fairly open space with a footprint of about 500 sqft with stone foundation walls - Talk about clashing times. The basement isn't used for much more than laundry storage and the utilities. So my main concern was the sound at first, especially when the miners first fired up and ramped the fans to 100%. My story ended easily, I have the controller set to -2 on the voltage offset. The miner temps are 29/86 and 56% fan speed, so far about 24 hours in. I haven't measured the sound but it's quieter than my dryer or furnace when they are running and is more of a gentle hum. Mind you I have an extremely old home with very poor insulation so I could hear my garage set up more clearly as it vented in the direction of my home windows. Here are some Photos, the insulation was bought for a similar build I never got around to and suited this set up well. I had this rack sitting around and was able to separate it into 2. The "walls" are 2 fold, I wanted to try and damper some sound turns out that is not necessary, but I have a kitten who I'm positive would do something stupid with the irresistible amount of cables/connectors/lights.
  15. Greetings earthlings Probably you will agree that the year 2018 for Bitcoin and other cryptocurrencies was not the most successful year. There are a lot of different reasons for this and from the main ones is that bitcoin and cryptocurrency did not advance to the masses and not used in the everyday life of people. But everything can change in 2019. Imagine how convenient it would be if you could make purchases at Amazon and eBay with Bitcoin and cryptocurrency. Now we have this opportunity! Bitstore.tech - First crypto shopping platform More information you can find on the project website http://bitstore.tech Short promo video: https://youtu.be/slRAR2kmfoY