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Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)

Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.

Cryptocurrency News & Discussion

The official source for CryptoCurrency News, Discussion & Analysis.

Bitcoin 2. You have the right to anonymity and privacy

Bitcoin2 will implement the Dandelion Protocol. What this means for users? By introducing a whole new type of transaction broadcasting, the Bitcoin network can effectively be anonymized. Bitcoin 2 users all over the world may soon be able enjoy more anonymity and privacy.
submitted by Tulyak22 to bitc2 [link] [comments]

05-11 17:44 - 'REMEMBER: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth dis...' (self.Bitcoin) by /u/Kinolva removed from /r/Bitcoin within 135-145min

Let me remind all you old-timers, and inform the newbies showing up here because of the halving: There will only be a maximum of 21 million bitcoins. Ever. Approximately 4 million have been permanently [LOST]1 , bringing the maximum circulating total to 17 million. This total number won't be reached until 2140 due to Bitcoin's [issuance schedule]2 . This is "quantitative hardening."
Total number of millionaires (in USD value) worldwide is around 33 million ([source]3 ).
The factual math is simple: there is not enough Bitcoin in the world for even HALF of today's millionaires to own just ONE SINGLE BITCOIN. Much less all the future millionaires that will be born as the human population approaches [10bn]4 .
Bitcoin is SCARCE. Check out the [S2F model]5 for a good explanation of why scarcity and value correlate. Recently updated to the [S2FX model]6 for a model that incorporates more data, and is more accurate.
Furthermore: If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a very select number of humans. Owning just ONE BTC means that you are--at minimum--in the top 0.2% ([17M / 8Bn * 100]7 *100&ie=UTF-8&oe=UTF-8)) of the human population in terms of total possible bitcoin wealth distribution. The percentage is much lower than that, of course, given that there are lots of whales out there with 1000+ BTC each.
Edit: And never-mind the idiots that will say something asinine like "my pubic hairs are limited in number too...does that make them valuable?" Your pubic hairs have zero network utility, whereas every day Bitcoin proves it has extraordinary utility as (perhaps) the most perfect form of money humans have yet created.
Stack those sats!
That is all.

EDIT: Happy Halving!
REMEMBER: There aren't enough BTC for HALF of today's millionaires to own JUST ONE. Owning ONE bitcoin puts you--at minimum--in the top 0.2% of the human population in terms of total possible Bitcoin wealth distribution.
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Author: Kinolva
1: for*une.c**/*017*11*25/l*st-bitc*ins* 2: e*****r*l*ed*su*ply 3: w*w.**6/*1***/12-m*llion-new-m**li*naire*-***l-be-mint*d-ov*r-t*e-ne**-fi*e-yea*s.h**l 4: e**wikipe*ia*or*/wiki/**rld*popul*tio* 5: mediu*.c*m*@***t*illi*nU*D/modeling-b*tco*ns*v*lue**ith-scar*ity-91fa0*c03e** 6: me*i*m.*om/@10*tr*lli*nUSD/*i*coin-sto*k-to-f*ow-*ross-a*set**ode*-5*d2*0fee*** 7:*e.*om/**a**h?cl*ent=*afar**am*;*ls=en&q=(1*,*0**00**8*000,000,00*
Unknown links are censored to prevent spreading illicit content.
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I want to see ONLY +2's next stream if I see a -2 I will send a bitcoin assassin to you!

I want to see ONLY +2's next stream if I see a -2 I will send a bitcoin assassin to you! submitted by FlunderDunder to jerma985 [link] [comments]

It's beginning to feel a lot like 2017. Some useful reminders and advice for new comers.

Hype and increasing prices will undoubtedly attract new investors, HODLers, and gamblers. Regardless of how long you've been in crypto, below are a few pieces of information (or reminders) you should consider.
  1. We're still early. Cryptocurrency, including bitcoin, is still in its infancy. Because of this, we will continue to see headlines of hacks, exchange closures, big name investors coming into the space, major institutional adoption, and everything in between. Until crypto is regulated (for better or worse) and even after, there will be bad actors attempting to steal your cryptocurrencies. To that end, think twice when hearing about 'deals' or investments that seem too good to be true. They probably are.
  2. Protection. I often see questions regarding the storage of cryptocurrencies. Not to oversimplify, but as a user, you have ~3 choices to store your cryptocurrency. In order of most secure to least secure:
    1. Cold Storage - From wikipedia: Cold storage refers to storing Bitcoins/Cryptos offline and spending without the private keys controlling them ever being online. This resists theft by hackers and malware, and is often a necessary security precaution especially dealing with large amounts of Bitcoin. If you aren't comfortable manually storing your private key, physical hardware wallets are your best alternative. When possible, buy direct from the manufacturer to avoid any tampering to your new device.
    2. Hot Wallets - From investopedia: The difference between a hot wallet and a cold wallet is that hot wallets are connected to the internet, while cold wallets are not. Hot wallets can be installed onto your mobile device and/or your web browser. Similar to cold storage, these hot wallets will 'store' your crypto and will be accessed to send/receive tokens, execute smart contracts, and conduct other transactions. There are many options to choose from, but MetaMask is as close to an industry standard as it comes, and the developer has recently implemented an ERC-20 token swap function. Again, download directly from the developer if you can.
    3. Exchanges - Exchanges certainly have their own purpose, most notably as an on and off ramp for your fiat currency (e.g., US Dollar, etc). However, when you read headlines like "Bitcoin Hacked for 10 million dollars!" what they usually mean is, a centralized exchange that holds users' cryptocurrencies was hacked and bitcoin was extracted from the exchange's storage. For this reason, exchanges are considered to be less safe than your Hot Wallet and Cold storage alternatives.
  3. Don't be greedy. This is easier said than done, and many veteran traders have learned this the hard way -- some still haven't learned. When prices are only going up, you're going to feel like a million bucks. But things dont go up forever. Ever. (Unless it's the Fed's balance sheet.. har har). Point being, it's okay to take profits along the way up. I guarantee you'll have an opportunity to re-buy those same tokens at a cheaper price, and you'll enjoy them even more the second time around.
  4. Don't spend more than you can afford. Hopefully this goes without saying, but the crypto space is extremely volatile. It is not uncommon to lose your entire investment with just one wrong token/ICO/scam. To that end; just use your common sense. It sounds easy, but when you're making money, sometimes it's hard to see the cliff at the end of the road.
  5. Keep learning. I joined the crypto space because I saw an opportunity to make money. It's been a wild ride, and I've learned a lot more than I've gained (from a monetary perspective). What i didn't expect to happen, was to open pandora's box when it comes to what Bitcoin (specifically) aimed to solve. My thirst for knowledge only expanded when I learned of the opportunity space Ethereum was trying to fill. Compound that with the immutability of blockchain technology, DeFi, smart contracts, data oracles, (and the list goes on); now I'm completely hooked. It's clear to me that blockchain will revolutionize the way we function on the global scale. But many are just now beginning to learn about bBitcoin, and we're ahead of the curve. Which leads me back to point number 1; we're still early.
Sorry for rambling on here; I'm sure more veteran HODLers have already X'd out of this post, which is fine. They likely don't need this information as they have learned these same tips along their own journeys. But for newcomers to the space, I wish I had this foundational knowledge from the get go. Don't be afraid to ask questions on this sub. With the recent implementation of MOON tokens (this is a whole 'nother topic), I've personally noticed more downvotes than normal. But awareness and understanding is critical to adoption, so don't be turned off if you don't get an answer to your questions immediately. There is a wealth of knowledge scattered across the internet, and still a lot of smart people on reddit who are willing to help.
submitted by myhaxdontwork to CryptoCurrency [link] [comments]

11-25 13:54 - 'Interested in high roi Bitcoin mining... You could start with no cash.. And it pays well! / I would introduce you to 3 website.. / The first you'd be able to earn free Bitcoin from it by solving some tasks. The second woul...' by /u/Marius_soul removed from /r/worldnews within 2-12min

Interested in high roi Bitcoin mining... You could start with no cash.. And it pays well!
I would introduce you to 3 website..
The first you'd be able to earn free Bitcoin from it by solving some tasks. The second would be to buy Bitcoin if you think the first step would be too stressful and would eat up time. The third would be for mining purpose!
+1(484)489-3621 just send me a text
And always remember:::::Don’t re-invent the wheel. We stand on the shoulders of the giants who have come before us.
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Author: Marius_soul
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11-21 16:34 - 'You fell for a ponzi. Hope you didn’t buy at above 10k / No sense to buy bitcoin unless you want to learn TA and margin trade. That’s all bitcoin is good for.' by /u/Blackpilldealer95 removed from /r/Bitcoin within 2-12min

You fell for a ponzi. Hope you didn’t buy at above 10k
No sense to buy bitcoin unless you want to learn TA and margin trade. That’s all bitcoin is good for.
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Author: Blackpilldealer95
submitted by removalbot to removalbot [link] [comments]

Incase you're wondering why Bitcoin is moving up today: Euro printer go Brrrrr. - EU leaders strike 'historic' $2 trillion deal to rebuild Europe's economy

Incase you're wondering why Bitcoin is moving up today: Euro printer go Brrrrr. - EU leaders strike 'historic' $2 trillion deal to rebuild Europe's economy submitted by atrueretard to Bitcoin [link] [comments]

Have you gotten your MKCY token? If yes, drop your comments below. If no, why not? There are a number of reasons your tokens haven't gotten to your selected wallet. 1. Wrong wallet address 2. Unverified account 3. Distribution ongoing #Markaccy #TokenSale #ICO #bitcoin #ethereum #crypto #crypto

Have you gotten your MKCY token? If yes, drop your comments below. If no, why not? There are a number of reasons your tokens haven't gotten to your selected wallet. 1. Wrong wallet address 2. Unverified account 3. Distribution ongoing #Markaccy #TokenSale #ICO #bitcoin #ethereum #crypto #crypto submitted by messy45 to MarkaccyToken [link] [comments]

FYI: yesterday I got trolled by someone using a password from a hacked account, and fishing for a payout. The password was a simple one I used on a few old accounts. It was really a blessing, because it finally motivated me to set up 1Password, and start migrating my 400+ accts/logins to it.

In case any user has a related question, you'll know why... The subject of the email was my old password. Here's the body:
I know [xxxx] is one of your password on day of hack.
Lets get directly to the point.
Not one person has paid me to check about you.
You do not know me and you're probably thinking why you are getting this email?
in fact, i actually placed a malware on the adult vids (adult porn) website and you know what, you visited this site to experience fun (you know what i mean).
When you were viewing videos, your browser started out operating as a RDP having a key logger which provided me with accessibility to your display and web cam.
immediately after that, my malware obtained every one of your contacts from your Messenger, FB, as well as email account.
after that i created a double-screen video. 1st part shows the video you were viewing (you have a nice taste omg), and 2nd part displays the recording of your cam, and its you.
Best solution would be to pay me $1007.
We are going to refer to it as a donation. in this situation, i most certainly will without delay remove your video.
My -BTC -address: [wishful thinking]
[case SeNSiTiVe, copy & paste it]
You could go on your life like this never happened and you will not ever hear back again from me.
You'll make the payment via Bitcoin (if you do not know this, search 'how to buy bitcoin' in Google).
if you are planning on going to the law, surely, this e-mail can not be traced back to me, because it's hacked too.
I have taken care of my actions. i am not looking to ask you for a lot, i simply want to be paid.
if i do not receive the bitcoin;, i definitely will send out your video recording to all of your contacts including friends and family, co-workers, and so on.
Nevertheless, if i do get paid, i will destroy the recording immediately.
If you need proof, reply with Yeah then i will send out your video recording to your 8 friends.
it's a nonnegotiable offer and thus please don't waste mine time & yours by replying to this message.
submitted by cad908 to sysadmin [link] [comments]

The water collector is so buggy. It'd be nice if this has two or three slots like the bitcoin farm. At least every time the filter runs out, you have 2 purified water produced. The current collecting system is a pain in the ass.

submitted by Conquest____ to EscapefromTarkov [link] [comments]

If you told me 2 years ago that JP Morgan, whose CEO Jamie Dimon called Bitcoin a fraud, would be investing $20M in a crypto company-- I'd call bullshit. Yet, this is what's happening.

If you told me 2 years ago that JP Morgan, whose CEO Jamie Dimon called Bitcoin a fraud, would be investing $20M in a crypto company-- I'd call bullshit. Yet, this is what's happening. submitted by heist95 to Bitcoin [link] [comments]

3 x 256 day or 2.11 years of 256 day candles closing with the same price as resistance. September 13th We made that price support. Did you do you duty and buy Bitcoin to celebrate 256 sha encryption on September 13th?

3 x 256 day or 2.11 years of 256 day candles closing with the same price as resistance. September 13th We made that price support. Did you do you duty and buy Bitcoin to celebrate 256 sha encryption on September 13th? submitted by philjonesfaceoffury to CryptoCurrency [link] [comments]

Mentor Monday, October 26, 2020: Ask all your bitcoin questions!

Ask (and answer!) away! Here are the general rules:
And don't forget to check out /BitcoinBeginners
You can sort by new to see the latest questions that may not be answered yet.
submitted by rBitcoinMod to Bitcoin [link] [comments]

[Guide] How to make money in EFT

EDIT : Thanks to everybody for pointing out the few mistakes/improvements that can be made in this new-player level guide.
For the sake of summarizing here :
- Intel documents are NOT worth 250k. I didn't check them on the flea before writing this and for some reason I always remembered them at 250k. Game is in maintenance so I can't check the real price. That being said, it's still profitable to craft USB into Intel, it's just not x2 profitable.
- Scav case : moonshine / intel docs, some people seem to say they've never been profitable. I personally *did not* measure those, I eyeballed it. I'm working on so much shit that I didn't bother. On average I think that I'm in a net positive, but it's as believable as people saying they're not : without proof we can't really say for sure. That bein said, it's certainly more profitable to run lower-tier scav runs that are *faster* when you're online, and to run a moonshine or intel when you log off. It's more efficient to get a lot of runs while you can re-start them every time.
- Crafting moonshine : It's not profitable to spam it ; I was under the assumption that the average player who will read this will usually not play for 4-5 hours straight and will end up collecting yesterday's moonshine, craft a new one, and that's it. If that's you're rythm then yes, spam it. If you intend to play more than one craft worth's of time, then you will craft moonshine faster than you can spend it, and it's not really worth to sell it on the flea except to up your market reputation for a small loss (about 10k). So in short : craft moonshine to be able to start a moonshine run for when you log off, but you don't *need* more than that.

Check this out

Here is some actual data on the lavatory !!

Hey everybody !

I know it can be a struggle to get a stable economy in this game, especially when you die a lot. Today I'm gonna try and give a few guidelines on how to make money safely, efficiently, fast, or in any other way we can think of.
If you're struggling to stay above the 15-20 million rouble treshold, this guide is definitely for you.
Very often I'll hear newer players say "Damn I can't seem to make money, I keep loosing. Every time I take gear I die instantly". There is some truth in that. Today I'll help you improve your survival rate, but most importantly I'll unbalance the other side of the equation. When you complain about losing a lot of money, I will help you spend less by a significant margin, as well as earn more. You'll also get rid of gear fera naturally.
Remember this throughout this very, very long read : It all depends on how you want to play, and how much. Some of these tips will not fit how you want to play the game, and like Nikita always says : this game is supposed to be fun before anything else.

1. Hideout

Safety Score : 100%
Reward : Moderate but very stable.
Maxing your hideout should be one of your top priorities, probably before telling your mom how much you love her every now and then. If you're not doing either of those, the big gamer in you knows what to do.
Early wipe, save your fuel for when you're online and playing. If you're playing, your generator should definitely be running and all your stations should be crafting something.
Once you have Medstation 1, Workbench 1 and Lavatory 2, you really have no reason to turn your generator off when you're playing.
Once you have the bitcoin farm, you should never turn off the generator.
Medstation :
Craft salewas and/or IFAKs permanently. They cost 8k and sell for 15k. That's a net profit of about 25k / hour for salewas, as well as never having to buy any.
Lavatory :
Always be crafting Bleach. If you have 2 empty blue fuel, use those empty cans to craft a Magazine case.
You can then keep the magazine cases until you've enough for your liking and sell those for a good profit.
The bleach you will use to buy the 6B47 helmets which are better than the SSh-68 helmets. Buying from 2x bleach barter at ragman level 1 means you get the helmet for 18k (instead of 33k on the market). This helmet has better head coverage, less slow/negative effects, less weight, has a slot for a mount, has +11 ergonomics AND is cheaper than the 22k SSh-68. That being said, it has a slight noise reduction that the Ssh does not have. If you wear headphones I'd say this is negligible but debatable. I prefer to have the extra protection and ergonomics for sure, considering it's slightly cheaper.

You can also barter for that helmet and instantly sell it back for a profit (five times) and level up ragman money requirements.
Bleach can also be traded for the Blackjack backpack at level 4, as well as the TTV rig at level 2. You should definitely do it.
Sell excess bleach on the flea market when the prices are around 10.5k or more. (around midnight Central European Time).
Workbench :
You can buy Power Cords and craft Wires forever and always make a profit. Buy in the morning and sell in the evening for better profits (CET timezone). For even more profit, you can craft gunpowders and ammo which tend to also be ridiculously pricy at night.
Buying grenades from Peacekeeper and crafting green (Eagle) gunpowder is a good way to make a lot of money and level up Peacekeeper.
Intel Center :
You main objective is to get this one to level 3 for reduced fees and better quest rewards, but also access to the bitcoin farm at level 2.
If you need FiR for quests, craft that. When you're done craft Intel Documents at all times (buy the USB), and use it for scav case or sell for a x2 profit. ( 3x40 for USB = 120, documents sell for 250)
Bitcoin Farm :
Once you have it, spend all your money on GPU until its maxxed, then level it up even more. The BTC farm is definitely worth it. At 50GPU you need to connect every 15 hours to clic. If you can't, keep it level 2 and connect every 24 hours to clic. Even at level 1 its worth. But its much, much faster at higher levels.
From 0 to 50 GPUs it takes about 30 days to pay for itself. GPUs should not be sold until you maxxed it.
Water Collector :
Must be running at all times. Buy the components if you don't have them.
Booze Generator :
Must be running at all times. Buy the components if you don't have them.
Scav Case :
Always have it running on moonshine, and use intel documents once you're done crafting one.
Nutrition Unit :
It's not really worth crafting sugar to put in the Booze gen, as the price for chocolate is pretty much = the price of sugar. So buy the sugar instead and craft something else. I tend to craft Hot Rods when the prices are good (morning) and then use them to barter 5.45 BS Ammo with Prapor or sell for a profit.

If you do all that, you should have about 150k an hour fairly easily. Don't forget to check it between every raid.

2. Traders

Safety Score : 100%
Reward : Quite good.
Once your mom has received all the love she deserves and your hideout is taken care of, you should have max traders (traders are a requirement for most of the hideout anyway).
Traders level 4 will net you much better prices on most mods and open very good barter trades.
Buy as much as you can from barter trades. You can buy almost everything from it, and it's usually at least 25% cheaper to buy the requirements and then do the barter. Ragman4 has the CPC Armored Rig which is level 5 armor, you'll get it for about 200k instead of 250k on the flea. The Slick is also much cheaper. The Blackjack backpack is literally half priced.
You can also NOT use what you barter and just sell it back to a dealer (sometimes the same from which you bartered) for a profit as well as having 2 times the loyalty money increase (from bartering then from selling).
Another good example is buying a Recbat 14k from the market, getting an ADAR for skier, selling it to Mechanic and winning 8k just like that. You can find every single barter that nets a profit yourself and just buy-resell and you'll probably make another 100k every reset, if you really are struggling and have the patience. I personally advise to just use the equipment for yourself unless you're levelling traders, but I wouldn't go as far as buying all profitable items every reset.
Every trader at every level has good barters. You can make a full decent kit at level 1 traders for about 40k roubles on barter, instead of 90 if you buy it all. (Paca for masks, helmet for bleach, ADAR for recbatt, salewa from craft, backpack, etc. all barters)

Bleach is beautiful and is coveted in the real world for its ability to cure diseases.

3. Modding

Safety Score : 100%
Reward : Very profitable.
Don't mod out of your reach. Don't mod Meta. If money is an issue for you, having +1 ergo won't change your life.
For example,
Priced at 10k roubles
Priced at 45k Roubles

See where I'm going with this?
If you have money, sure, go for the Shift. If you wanna have fun and try, sure, go for it as well. But if you're struggling, buy 4 cobras and mod 4 guns for the price of 1% recoil which will not make you a gamer god anyway.
Also, do NOT buy mods from the flea market when you see you can buy them from traders. Look at the top of the market, if the mod is greyed out, look at the price. It means you don't have access (yet). If the price is too inflated for you, find another mod. There are always other mods. You can make 2 AKMs that have a difference of 2% recoil and 4 Ergonomics and have a 150k price difference. It's up to you. When money is the issue, this was the answer.

Note : Some guns are inherently much more expensive. Guns shooting 5.56 or 5.45 tend to be more expensive than 7.62. AKMs are VERY good budget guns. They're a bit harder to handle, but you can get a fully modded AK for 150-200k, where as you will have an entry level M4 for that price. 7.62 PS ammo is also incredibly cheap while being decent. Play 7.62 if you're struggling with money. It's not meta, but it's far more than enough, trust me. You'll rarely lose fights exclusively because you had PS ammo in an AKM. Rarely.

4. Statistical loadout balance

This is fairly simple yet overlooked a LOT. To be accurate, you need data. Personally I kept it in an excel spreadsheet, if you're hardcore you should do something similar.

A somewhat relevant spreadsheet I used a wipe ago to measure some of my stats
What you need to know about yourself for this :
These will help us measure how much you fuck up or not.
Lets make it simple.
If you have a 500k loadout and you usually extract with 100k, at 10% survival rate, that means you will spend 500k x 10 = 5.000.000 roubles over 10 raids on average, die 9 times, and earn 100k once. This very obvious example shows the loss.
Basically we're gonna try and balance that equation so that you never lose money on average. You'll have ups and downs obviously, but over a week or two, it'll smooth things out for you, like math always does in a pleasant conversation with a girl.

So what can you do to improve that equation ?

4.1 Improve survival rate

Seems simple enough, DIE LESS. You do not need to be good, smart, or special to die less. If you die a lot, do something different. If you die less, try more of that. Explore statistical advantages through different gameplay.
What can you do to die less practically? Here is a list of checkboxes you can tick depending on your money, skill, mood, or any other factor like the map and sheer luck:
Do all that, it'll give you a LOT of data to actually improve by just doing something different without really being fastestronger, just smarter.
And I repeat : you can do some of it, all of it, it depends on what you like, what you're comfortable with, and the time/investment you're putting in the game. It's okay to play at your own pace.

4.2 Reduce gear cost

The second part of our "profit equation" above is how much gear you take with you. Using previous tips, reduce that cost. Barters, cheaper mods, etc.

4.3 Increase extracted value

This one is not as tricky as it sounds. Basically there are two ways to extract with more money in the backpack :
The goal is to pay for the gear you will loose when you die while making a profit on top. That one time you extract if you have a MBSS backpack, you'll need items worth like 50k per slot to break even. If you take a tri-zip, suddenly it's only 30k per slot. If you take a blackjack and blackrock from good old ragman, suddenly it's 10k per slot. So you can break even by looting crickents and DVD players almost.
See where I'm going ? Always take a tri-zip or bigger unless you're doing something special. That way you can afford to loot shitty areas, take less risk, and survive more while having a little less value.
We'll cover that in a minute, but there are ways to loot high value items, moderate value and low value. Those have also different risk/reward.

All of those are also map specific. In woods I'll often go with a 6B3TM armored rig for 40k, no helmet, 20k headphones and a sniper rifle. Rest is pouched so does not count. That's less than 100k investment. All players tend to have low value gear so I never extract with a lot either so it balances out. But on Woods, my survival rate is 20% instead of my overall 40%. So I know it's not a map I can reliably make money on, because I measured that accurately over time. This example is very common and should make sense to you.
Same goes for interchange where I have more about 50% survival but will tend to go in with 600k worth of gear, but will also often extract with over 500k quite regularly. Different ratios, different values, different purposes.
You can measure your own data if you're willing to do so, or you can eyeball it. Eyeballing it is much faster but very inaccurate because you will tend to include emotions in the mix when you die. You'll remember losses ~2x more than your wins (that's somewhat scientifically proven), and if you're eyeballing your loadout you might think you have 600k but really you might have only 450k. I would advise to go hardcore and measure it all for price, initial loadout, losses and earnings, for each map.

5. Money runs

Now money runs are vast and numerous. All include different levels of risk and reward. It's up to you once again to find what you're willing to do for the time it takes, the fun it will give you and how much it will actually help you. You can always try them all for ~50 raids the sake of trying something different and see how your data is impacted. it doesn't have to be 50 in a row if you don't want to. As long as you keep track of it it can be over a whole wipe. You'd have your data ready for the next wipe :) Faster is better though.

5.1 Hatchling runs

Safety Score : 100%
Reward : Very Variable. Mentally exhausting.
Those are incredibly money efficient. You're investing a gear of 0 value, so whatever you extract with is 100% win, so you cannot possibly lose money that way. Is it fun? Is it rewarding? I don't care, to each is own. Statistcally speaking, hatchling runs are an efficient way to make money.
They do however require a little bit of knowledge, but not skill. You'll be much more efficient at doing these kind of runs if you know where to go, what to look for, and how to get there depending on your spawn. That being said, such knoweldge is easily found ; it's nothing complex, it just takes time to learn. Once again, depends on how much you're willing to invest (if not roubles, time).

5.2 Scav runs

Safety Score : 100%
Reward : Low-ish
Scav runs are also incredibly efficient for the same reason as hatchlings. Except those have a cooldown. Statisticall speaking I have noticed you should always run your scavs as fast as possible on the map where you extract both the fastest and most frequently.
The explanation is simple, lets make it simpler :
The scav is a button that makes you earn free money. When you press it the button becomes unpressable for some time, when you release the button you earn money (sometimes).
That means you want to release the button as often as possible. And for that, you need to release it as fast as possible. It's that simple. So make scavs incredibly fast. I'm talking "Run through" fast.
Unless you're looking for FiR items or doing something specific like annoying a streamer, you should literally run straight to the extract every single time, and loot what you have that doesn't make you go out of your way too much. Usually I suggest factory, go in, kill a random scav, loot it, get out.
Two weapons is at LEAST 50k, 100 if they have a scope. There you go. That's 100k every 20 minutes (or less with intel center). That's MUCH BETTER than going up to 150-200k but taking 30 minutes to extract, and taking more risk by spending more time in the map. Every second you're in someone can shoot. Nobody can shoot you in the hideout.
The exception to that rule is Scavs with a pilgrim which you can take on your favourite loot-run map, probably interchange or reserve. There you should just fill everything you can and extract once you're full, no matter what you have. 30 crickents and an extra gun is fine.

5.3 Stash runs

Safety Score : Very
Reward : Okay
Those are very very safe and can be done with a pistol and a backpack only. Very cheap, quite unchalleneged, for a moderate reward. Just go on a map that you like and run around and loot all stashes until you're full, then get out. You can vary the map/route depending on the traffic of players. Interchange and shoreline are good contenders for that.
It'll net you easy money. Not great money, but definitely safe.

5.4 Loot Runs

Safety Score : Moderate
Reward : Quite alright
Once you have better knowledge/skill you can start having a specific route in a specific map, depending on a specific spawn. So it'll take time to learn. Usually very similar than a hatchling run except this time you bring moderate gear and go for moderate loots. For example, instead of going for fast techlight, in-and-out interchange, you can decide "alright I'll loot 100% of Oli and the computers in the back", it'll take time, but it'll make good loot. More money than stashes, definitely will see scavs to kill, and most probably some more pvp. More risk. If you win that PvP you have even more loot as well. But overall good reward.
Loot runs need to be "scheduled" and thought of after several tries, so you know how much you can take per person depending on backpack size. For example you can't say "lets loot oli" if you have a 5-man with blackjacks, you'll all be empty. Adapt.

5.4 PvP

Safety Score : Insane
Reward : Unreliably moderate
This one is pretty obvious. Very risky, unpredictable rewards. Usually better than loot runs when you survive. I won't elaborate on this, because if you're reading this far you're probably struggling in PvP. And the rest of this guide already covers a fair bit.

6. Insurance

Safety Score : "Meh"
Reward : Very profitable.
Now this is very, very important. Always insure your gear. Always.
If you die you will get stuff back, pretty much for free. If you're really struggling people won't loot your "trash", so you WILL get it back.
If you play in a group it's very likely that people will hide your stuff too.
And most importantly : you can insurance fraud. This is the best way to balance the equation we talked about earlier. If you find a decent-ish gun, replace yours. You drop your initial investment by a significant margin, you will definitely get it back, and if you extract it's a flat profit. Weapons don't take inventory slot, so if you have two weapons that are not yours initially they will usually pay for your whole gear. I have quite often left my super-mega-modded HK just for an average M4 or other weapon that I can fight with, just so I can reduce my investment by 350k and up my reward by like 200k instantly. Replace your headphones all the time too, that's an easy -30+30k, same with helmets. even if it's a bit broken or slightly worse.
If you're struggling with money, try to leave every raid with at least 3-4 pars of your equipment that aren't yours initially.
But value the risk behind this. I won't leave my slick for a Paca at the third minute of a raid just to have that extra 28k. I won't leave my meta-modded HK for a naked mosin. But if it seems decent/doable, do it. It will pay off. Because even if you die, you still get your shit back, and gun is usually the most expensive part of the gear.

7. Final notes

It's all about balance. Find what works *for you* and try shit out. Really, try. You'll die, you'll learn, you'll adapt with data to back that up. I find it crazy that people will die and not try to learn from it. That's how you will improve as a player.
First you gotta get smarter, then you'll get better. And with time, skill, mechanics, gamesense, all that will improve on the side. Earning more will snowball in your favour. And if you know you're statistically okay, you will have a much smaller gear fear and enjoy the game more.

Sorry for the wall of text, you guys should be used to it with me by now :D I made these guides in video but not in english, so here I am typing it all for you guys.
Enjoy :)
submitted by SixOneZil to EscapefromTarkov [link] [comments]

"donate 2 bitcoin and I'll pay you back 1 bitcoin" is the classic line they always use

submitted by atran331 to GrahamStephan [link] [comments]

Hi, you can explore our website Travel models ( minimal trip can be for 2 days, minimal price 2000€ per day + travel expenses, price depends of the model profile ) For the start working with us we take Deposit from new clients by PayPal , Wester Union , Bitcoins

Hi, you can explore our website Travel models ( minimal trip can be for 2 days, minimal price 2000€ per day + travel expenses, price depends of the model profile ) For the start working with us we take Deposit from new clients by PayPal , Wester Union , Bitcoins
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submitted by EmeransAgency to u/EmeransAgency [link] [comments]

2 years ago I started learning Python just so that I can create my own Bitcoin trading framework. Now I'm open sourcing it, I hope you guys like it too
I know many of you are already familiar with other projects such as Gekko and Freqtrade, etc and would like to know why I started Jesse instead of using them. So here are a few reasons:

Example Strategy

Here is an example of a profitable strategy that shows the usage of TA and the syntax of the framework:
from jesse.strategies import Strategy import jesse.indicators as ta from jesse import utils class SampleTrendFollowing(Strategy): @property def long_ema(self): return ta.ema(self.candles, 50) @property def short_ema(self): return ta.ema(self.candles, 21) @property def atr(self): return ta.atr(self.candles) def should_long(self) -> bool: return self.short_ema > self.long_ema def should_short(self) -> bool: return self.short_ema < self.long_ema def should_cancel(self) -> bool: return True def go_long(self): entry = self.price stop = entry - 3*self.atr qty = utils.risk_to_qty(, 3, entry, stop) profit_target = entry + 5*self.atr = qty, entry self.stop_loss = qty, stop self.take_profit = qty, profit_target def go_short(self): entry = self.price stop = entry + 3 * self.atr qty = utils.risk_to_qty(, 3, entry, stop) profit_target = entry - 5 * self.atr self.sell = qty, entry self.stop_loss = qty, stop self.take_profit = qty, profit_target 
And here is the backtested results:
 CANDLES | ----------------------+-------------------------- period | 365 days (12.17 months) starting-ending date | 2019-01-01 => 2020-01-01 exchange | symbol | timeframe | strategy | DNA ------------+----------+-------------+----------------------+------- Bitfinex | BTCUSD | 6h | SampleTrendFollowing | Executing simulation... [####################################] 100% Executed backtest simulation in: 22.61 seconds METRICS | ---------------------------------+------------------------------------- Total Closed Trades | 24 Total Net Profit | 3991.39 (39.91%) Starting => Finishing Balance | 10000 => 14063.47 Total Open Trades | 1 Open PL | 97.15 Total Paid Fees | 498.22 Max Drawdown | -15.9% Sharpe Ratio | 1.18 Annual Return | 26.46% Expectancy | 166.31 (1.66%) Avg Win | Avg Loss | 558.76 | 383.12 Ratio Avg Win / Avg Loss | 1.46 Percent Profitable | 58% Longs | Shorts | 67% | 33% Avg Holding Time | 2.0 weeks, 12.0 hours, 53.0 minutes Winning Trades Avg Holding Time | 1.0 week, 4.0 days, 6.0 hours Losing Trades Avg Holding Time | 2.0 weeks, 5.0 days, 2.0 hours 
Above example was just an example! Please don't compare it to hodling; or you know, do it! It'll be fun.
This project took me ~2 years. I did it for my own trading needs and I am very happy with the results. Now that I'm releasing it to the public, I hope you guys like it too.
submitted by Melisanjb to Bitcoin [link] [comments]

10-25 15:05 - ' | Global Cryptocurrency Exchange. Buy and Sell BTC, ETH, DOGE, LTC. If you want win Porche, you must register' ( by /u/cemnet removed from /r/Bitcoin within 2-12min | Global Cryptocurrency Exchange. Buy and Sell BTC, ETH, DOGE, LTC. If you want win Porche, you must register
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Author: cemnet
submitted by removalbot to removalbot [link] [comments]

10-24 22:55 - 'Sigh, I feel sorry for you. BTC isn't the one and only coin in the decentralized space. Just because BTC sparked the evolution of being decentralized doesn't mean it has the best future of all coins. It is slow and costly...' by /u/ur_mamas_krama removed from /r/Bitcoin within 2-12min

Sigh, I feel sorry for you. BTC isn't the one and only coin in the decentralized space. Just because BTC sparked the evolution of being decentralized doesn't mean it has the best future of all coins. It is slow and costly to do transactions on and isn't the best solution for point of sale.
If you're only in BTC, you're going to have a bad time in the crypto space... You'd be better off diversifying with ETH as well (which again, isn't a shit coin, it has so many benefits that BTC can't provide).
Oh well, everyone has their own opinion but don't mislead newcomers just because you strongly feel that BTC is the only coin, it isn't.
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Author: ur_mamas_krama
submitted by removalbot to removalbot [link] [comments]

@binance: You could increase your #Bitcoin profits by more than 2 #BTC in just three months by joining #Binance Pool.

@binance: You could increase your #Bitcoin profits by more than 2 #BTC in just three months by joining #Binance Pool. submitted by rulesforrebels to BinanceTrading [link] [comments]

If you are a believer in voluntary funding mechanisms for BCH common infrastructure, make a contribution to our Bitcoin Cash marketing flipstarter. Over 2/3 of the current contributions are from 2 people.

submitted by CryptoStrategies to btc [link] [comments]

$20 of bitcoin when you transfer $200 of value (btc, eth, etc...) to the Celsius network. Plus Celsius has 6.2% apy on btc, 7% on eth

submitted by boredguy3 to referralcodes [link] [comments]

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