Crypto Intro...

MINING BASICS (its long but should get u started) I recommend eobot platform as a place to start your experience.

Eobot - https://app.efundz.net

NB: Only you know the goals you have for yourself so do no ask for our opinion as to how much Mining hash power you should be obtaining, if this is a hobby, £200 about 0.03BTC  => 180 GHs4.0 might be a test, however you will only earn about a few pounds daily, but you will also still be earning on the appreciation of the cryptocurrencies (cryptos) on a regular basis.

Here are the steps to get you started.

1. You should open an exchanger account with Coindase, Kraken, Bittylicious etc and use your fiat funds (pounds) to obtain BTC, DASH, ETH or any preferred cryptos. For UK customers, bittylicious (https://bittylicious.com) and Cryptopay (http://cryptopay.me/join/6738375b) are recommended suggested cryptocurrency to purchase,  LTC - litecoin due to its reduced spread and fees when compared to others.

2. You can start EOBOT Cloud mining experience with zero funds as described in step 5. below and add to the hashing power (GHs 4.0), otherwise select "deposit" from the bottom blue navigation panel this will give you the deposit addresses to be used when moving your cryptos from the exchanger account to your EOBOT account. Also it better to fund your EOBOT account with cryptos as opposed to credit card / epay as the latter restricts you from withdrawing funds from your account although this is the quickest way to fund your account. This protects EOBOT against fraud and chargebacks.

3. Once you have funded your account, select "exchange" from the USER MENU or BOTTOM navigation bar and follow the prompts to exchange your cryptos to GHs4.0 5year cloud mining plan (this is the better first step, other strategies will be discussed later) and this will start your Cloud Mining experience.

4. Each day you log in to your account via the faucets system, you are credited with a few cryptos, you can use this and a combination of faucets to grow your hashing power (GHs4.0) using the exchange feature described in step 3. above.

5. Go to "Products" in the top blue navigation panel and select "faucet". follow the prompts and whatever is being mined at the time will be credited to your account, if you were mining DOGE, you will be credited a few DOGE coins.

6. you can mine 1 crypto, or a combination using the diversify feature in the top left dropdown which allows selected cryptos to be mined every 10 minutes, this is a good option if you want to your holdings.

7. Various Plans / Strategies

5year GHs4.0 mining  - best plan to start as coins mined for 5 years and you can diversify between the various cryptos.

1year Cloud folding - mines for 1 year, not very profitable as its gives PDD towards medical research and gives a some curecoin as a reward (this curecoin can be converted to GHs4.0 hashpower )

1year Cloud Seti - mines for a year, not very profitable as scientific research for ET's, and gives some gridcoin as a reward.

24 hour GHs4.0 / Script MHs - 24H mining if you want to convert your 5 year GHs4.0 to a crypto quickly ie liquidate or exchange a crypto and mine generate something over 24H. It will increase your overall crypto and account balance as the hashing power is used up and depleted after the 24 hours, however It is not advised to use this as main cloud mining strategy as the fees are quite high.

8. Withdraw (pay close attention to the limits)- it is advised to not store large amounts of cryptos on the EOBOT system as its not very private, so get your cryptos to a safe place like a mobile wallet, hardware wallet when it gets to a reasonable value. you could do this manually via the withdraw feature in the bottom navigation panel

Minimums: 0.002 BTC, 0.1 ETH/LTC/DASH/ZEC/XMR, 10 STEEM/CURE, 20 XRP, 1 REP/FCT/LSK, 100 MAID/GRC/GNT/BTS/XEM/BCN/DOGE, 1g GOLD

Miner/Tx Fees: 0.001 BTC, 0.005 ETH, 0.002 LTC/DASH, 1 BCN/DOGE/MAID, 0.01 XMR/STEEM, 0.0002 CURE/ZEC, 2 GNT, 0.1 LSK/FCT, 5 BTS, 0.02 XRP/REP, 0.2 GRC, 15 XEM

HAPPY MINING....

Knarf

Fwd: Cryptocurrency ...

Cryptocurrency is becoming an increasingly popular way to transact and invest.

As a result the values of some cryptocurrencies, such as Bitcoin and Ethereum, have risen significantly over the last five years. Many people have become millionaires purely as a result of a relatively modest outlay in a cryptocurrency several years ago.

However, not many people understand these currencies and even fewer understand the tax implications. For instance, which profits and gains are taxable? Does it matter that I am mining? What happens if the blockchain forks? Can I roll my gain from one cryptocurrency into another?

If you're a cryptocurrency user who has made large gains, you may decide to transfer the monies back into a 'fiat currency' at some time. At that point they will become visible to HMRC.

With so much misinformation about the taxability of virtual currencies online, it is highly risky to believe everything you read, and safer to seek specialist guidance.

Interested in cryptocurrencies, get the facts and seek the appropriate advice.

Until later 

Knarf

Current State of affairs

As things are ASD are having issues as have most other companies in the US, they have been charged of operating a ponzi, which has been a surprise to most if not all involved... As of august 1st, their site has been down and remains so at present until further is released regarding its status, it can be viewed as non fuinctioning.... it had such potential!!

PSX has been going through its usual fiascos, compounded with the recent E-Bullion issues members are left to ponder when and if they will ever receive any payments this side of the summer, anyway, there was a recent poll to decide new payment options and suffice to say, alertpay, solid trust pay and bank wires were the options to process payments at present... but here is the twist as rightly stated by one of their members and here is the usual bs from the admin

The BPO already registered an account to be used for processing SolidTrustPay and AlertPay payments. They will be contacting these companies shortly to verify our account and verify whether they can handle large amounts of funding and identify other things (such as security, maximum amount, site owners, other services) which can be provided by these two e-currencies. Since our transaction with them involves a very considerable amount, it is important that the BPO conduct the same Due Diligence done with e-Bullion.

They are still working on resolving Bankwire issues which was initially available for Philippine members only.

and the words of a member

its not only about the BPO being verified, we also have to consider that they need to have funds wired to the various processors.

Given the official time table as stated by the various payment processors, lets assume that the BPO takes 2 days to get their docs together, they take another 3 - 5 days to get verified, then it takes another 3 - 5 days for funds to be wired to the payment processors, we are realistically looking at 8 - 12 business days before anything substantial starts happening.

Also, we need to remember that the virtual office is not ready, and they would need to verify the amounts and accounts being paid, and we do not yet know how many months payments will be processed nor how long the entire process will take place, so although its good to see some progress, realistically I dont see anyone being paid for another 2 weeks at the earliest Sad

So there you have it, lets see what the future holds.

PS: I should be having more time nxt week to resume FT trading, so less time and efforts can be spent following these ridiculous programs and their promised

the knarf one

As the weekend approaches

Well things are at a standstill with most opportunities.

I havent had the time to devote to the PMP project but having said that things will improve in the future. Qlx remains to florish and perform as expected and finally PSX is moving along to schedule having recently stated there will be some downtime over the week to allow for updates and upgrades to the main site

So things are on the up at present.

Also havent done much trading at present as good opportunities havent presented themselves, nonetheless all is well on that front.

until later

knarf

A few thoughts

well the weekend has passed, banking issues sorted with uico, got my tax refund check from last year and psx seems to be getting somewhere finally now that I am once again a virtual thousandaire ;0) see some of their recent updates

Sorry for the confusion. We posted that we are going to use the payment processing procedure of Google and not Google itself processing your accounts. We just followed their scheduling.

Using that method would give us the following schedules:

May 1-31st - Earnings accumulated here which is $100 or more would be processed for release but not to exceed $8000.

First week of June - During 1st week: Finalized earnings for previous month posted to Payment History page on your back office.

15th of June - Deadline for setting a hold. changing your form of payment, submitting MAF & supporting documents. All holds must be removed to receive payment.

End of June - Last day of month: If you are eligible to receive a payment, your payment details posted to your Payment History Page.

July 5 is the time to follow up your payout for the month of May if you have not received it.

I hope that is simple. Take note that by end of June we are already processing the next batch of payments for members in this forum

and

Hi Everyone!

We have completed forwarding balances to those who have signed up in our payment site. Once again, please refrain from doing the following transactions in your back-office once you have completed your profile:

1. Withdrawal, Donation or Payment
2. Bank Wire requests
3. Deposit via e-Gold, Paypal, etc.; and
4. Transfer of funds to other members
5. Escrow

Also, if you have encountered login problems or your balance is still 0, please report to sup@psx.com. Please note that you need to register on the e-currency component of our site in order to be able to log-in.

For other questions or concerns other than your balances or MAF, please send an email to sup@psx.com. Please do not send MAF to our support email. MAF must be sent to hjs@mail.com. MAF sent to our support staff will be deleted.

so as we bide time for future prospects, things are moving onwards and upwards as Gary would say

until later

Knarf

Mid Week Update

well nothing much to share at present, have been busy with other issues so have been unable to do any trading lately. However have been monitoring my other online activities including the investment clubs, and gifting activity.

PSX have been updating member accounts in the new updated site, however there are lots of other account issues needing attention before things can get underway.

For those interested in the gifting activity, there is an updated recorded call for your review
http://instantTeleseminar.com/?eventid=3126783

The activity is progressing well for most involved, I must admit havent been working at it like I should, but that will change really soon.

If interested, visit the presentation we have prepared, then get back to me for further info
Presentation link here

Also, just trying to upgrade QLX3 membership details and access for OPG/OICU stuff, coincidentally there is a call for the OPG group this evening so I may be able to attend, once my account gets updated on time, otherwise, will have to rely on the info relayed next week via the QLX teleseminar

There is another opportunity I am looking into, VIP GMS, for those interested in getting involved here is a teleseminar on getting signed up, you will need to contact me to get signed up.

Until later

Knarf

Monday Almost Upon Us

Well the weekend is almost over and guess what monday is almost here :( lots to be done and accomplished this week, anyway of greater note is the point that psx has been very ambiguous with the membership over the processing and payment of accounts, so it is estimated that member earnings for the month of may will be processed and payed within the next week or so provided the site is made available and accessible for members to update their details. Anyway with the main site being on maintenance for most of the week, it will be sometime before accounts are accessed.

Also, something I was interesting in joining has recently closed its doors, so I guess it didnt last the test of time speaking of which the private club that I am lucky to be a member of has done yet another milestone, and shall continue to outperform all other online clubs for sometime!

I am still reviewing the offerings of the financial portal solutions club of UGC, and that of the Bridgeltd (ioygs2).

More on this later in the week

Knarf