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Makes me think of Reagan’s comment about liberal economists (a large majority are idiots or worse but keep getting promoted because they help the elite):
“A friend of mine was asked to a costume ball a short time ago. He slapped some egg on his face and went as a liberal economist."
Many of them have never held a real job or hired anyone so their theories are so far away from reality as to be laughable.
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How to log in our block chain to Email Id?  What are you asking? You may want to rephrase the question. The block chain doesn't use email addresses. |
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Also, what would happen if you flooded the system (neighboring bitcoin nodes) with 1000s of random guesses?
Random guesses? After several invalid transactions, they would've banned you. I do not know any way how they could ban anyone. But it wouldn't be necessary. verifying that a message is false and ignoring it is a really really quick operation. And Kwothe117, you would not have to send your false guesses to the network. You could just check if your random guess is correct by yourself on your own computer. It would be much faster too. Then if your random guess is correct you could broadcast it and it will be accepted in to the blockchain... If you are flooding neighboring bitcoin nodes (nodes your node is connected to) with 1000s of random guesses they could disconnect you and ban your IP from connecting to them. As you say though, there is no reason to flood neighborhood nodes like that with “random guesses” to determine they are invalid. |
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....
As you may have noticed, and based on my observations, there is no one who ever thought that their money will grow THIS big in Bitcoins as it is today. Hence, the billion-dollar dream is not impossible after all.
I think if you look around, you’ll see otherwise, e.g. https://bitcointalk.org/index.php?topic=12156.0 |
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So by default I have it in my native translation, but I want it to be in English. How do I change that?
I haven’t had the need for this, but if you go to this page: https://en.bitcoin.it/wiki/Running_Bitcoinand search for lang it has instructions to do so. Essentially either add a line to to the conf file or at the command line ( -lang=en_US for example). Or if you change the settings for the computer as a whole, launching bitcoin afterwards should reflect that. |
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But 2.1 quadrillion only requires 41 bits of precision to represent (0x1E8F1C10800).
Are you sure about that? 21,000,000 * 100,000,000 = 2, 100, 000, 000, 000,000 0x1E8F1C10800 = 2, 100, 000, 000, 000You seem to be off by a factor of 1000. This means that the upper 23 bits must be zero, no?
If there ever were a situation where all the possible bitcoins were sent to a single output (that really is impossible, but lets use it for an upper bound), then the resulting value would be: 0x775f059e40090 This would require 51 bits, leaving an extra 9 bits that remain unused. How many of the 2, 100, 000, 000, 000,000 Satoshi is currently in circulation? Subtract 1 000 000+ from Satoshi's stash Subtract coins being send to Burn addresses Subtract Lost coins <amount unknown> Subtract Coin that are hoarded/Cold storage <not in circulation> Subtract the coins that are not mined yet. We should not be looking at the Total amount, but rather how many is in circulation. ^smile^ Adding precision is a completely different thing than adding precision AND stealing people’s bitcoin. I can see most people supporting the former, but the only ones supporting the later doing so for nefarious reasons. |
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This is the least expected comment from a nobel winnng economist . I don't understand why the reputated and experienced people don't realize the postive outcomes of bitcoin on econom if it gets introduced in the system .
I see an extreme case of "favorism" towards the banks here.
The fact that he is a Nobel laureate does not mean that he is an expert in all fields. He understands only the principles of the existing Fiat economy. It is in manual control and therefore, you can easily achieve the desired result. It may not work in a fair environment where it is impossible to make adjustments. All bankers are terrified of bitcoin. I don’t think he even understands that. He is one of those people who will suck up to those in power to advance himself no matter the cost to the world. |
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This is the guy who admired Hugo Chavez’ dictatorship. And said a few years before the US’ Fannie Mae and Freddie Mac failed that they would NEVER FAIL. He is a fool who loves dictators and will excuse them by any means necessary including lying. And he may be an idiot who got promoted because he was a statist toady. Whatever he says, the opposing is probably true. The fact that he teaches at Columbia shows how low their standards are. Anyone who admires a totalitarian murderous dictator like Chavez and his ilk has no morals or no brain or both. Here is a good summary: https://reason.com/blog/2017/11/30/bitcoin-joseph-stiglitz-crypto-outlaw |
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thanx a lot.
-rescan worked fine
how can i see, if my wallet is hd?
If you started bitcoin core after version 0.13.0, or are using a wallet that has been generated after 0.13.0, you will automatically by default using a HD wallet. See https://en.bitcoin.it/wiki/Deterministic_walletStarting Bitcoin Core isn’t sufficient, there are more steps involved than launching it. If you mean he started using Bitcoin Core, after 0.13.0, and didn’t previously have a wallet.dat created, that is different. |
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thanx a lot.
-rescan worked fine
how can i see, if my wallet is hd?
It will have a little “hd” icon on the screen. Similar to the lower right here: https://goo.gl/images/QT8tYw |
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What’s the best resource to see the actual bitcoin block in it’s raw readable format?
For example, if I want to see the actual bitcoin block data?
Download the block chain with Bitcoin Core and use a hex editor to look in the files. Or is that too low a level? |
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This is the guy who admired Hugo Chavez’ dictatorship. And said a few years before Fannie Mae and Freddie Mac failed that they would NEVER FAIL. He is a fool who loves dictators and will excuse them by any means necessary including lying. And he may be an idiot who got promoted because he was a statist toady. Whatever he says, the opposing is probably true. The fact that he teaches at Columbia shows how low their standards are. Here is a good summary: https://reason.com/blog/2017/11/30/bitcoin-joseph-stiglitz-crypto-outlaw |
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As stated I tried to transfer my btc to another site only to see it sit there for the last 5 days confirming away without any ability to access it. My txid is e7b107632e492a521c6854979ea8e54dda90cc9c99383e81df139d5352c72194 and its the .125 btc transaction. Is there any way to reverse this or get my btc back? and the site I moved it to is not responding
What web site is this? Perhaps someone can give some insight about its reliably. Once confirmed, there isn’t anything you can do except speak with their support. |
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Here is how to create a paper wallet, follow all the instructions including the live cd etc: https://www.coindesk.com/information/paper-wallet-tutorial/The bitcoins will be safe if you store the paper wallet (and a copy or two) somewhere safe. As far as the “bubble” bursting (or “bursted” as he says) you have no control over that. It just depends on the time frame. |
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Hi All, I understood that once a week you can earn 14 activity points. However, my question is when does a week start and end?
Does a new week for member points start on sunday or friday?
This will explain: https://bitcointalk.org/index.php?topic=178608.0It is every 2 weeks and right now later Tuesday or early Wednesday depending on your location. |
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The Gemini exchange was also down.
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If they launch the futures with options attached it will be a big positive.
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Bitcoin funding has always been problematic. In my opinion, it should be miners who fund development. Miners currently walk away with $20 million per day, that's an amazing amount of money, and they mainly spend it on hashing hardware, electricity, and whatever they buy from their profit. To make things worse, this $20 million per day paycheck gives miners completely different interests than common Bitcoin users. Meanwhile, premined shitcoins like ethereum, dash and ripple have billions of dollars for development. This gives them a technological advantage over Bitcoin, while they only used Bitcoin (and Bitcointalk.org) to strengthen their own position. (Satoshi Nakamoto could easily fund Bitcoin development, but he disappeared 7 years ago)In some respects I agree, but with bitcoin as the protocol layer and with some of the improvements allowed by segwit (like script versioning) individual people and companies can build applications on top of the protocol layer. Kind of like you can build on top of tcp/ip which allowed http, https, smtp etc. And then those allowed innumerable applications. Those lower level protocol layers rarely need upgrades and in many respects that is how bitcoin should be - if you have the flexibility in the scripting language, things are built on top of the protocol that is secured by the miners. The bitcoin block chain then gets a lot of use with the applications built atop it. |
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If you want to fork bitcoin to do something like this, you are certainly welcome to do so, but it won’t be bitcoin. It will be bitcoin if anyone call it bitcoin. Any other forks including the original one won't be bitcoin in no one call them bitcoin on public. That is only if just about everyone (not 'anyone') bought in and called this new fork bitcoin. A centralizing plan like this would have extreme difficulty getting to that point. In fact, I'd say it would be nearly impossible to get 90% let alone 50% or even 10%. The way to find out though is to fork bitcoin and fork the block chain using the terms of this proposal and see how many people, nodes, users, businesses and miners adopt it. If it is a great idea, then I might be wrong. |
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Once it hits $10,000.00 the answer to the question of “what’s next?” is obvious: 10,000.01 or 9999.99
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