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1141  Bitcoin / Bitcoin Discussion / Re: Anyone know about bitcoin fork yesterday at block 501451? on: December 31, 2017, 12:02:39 AM
And why so many fork Huh

B2X - Bitcoin SegWit2x - December 28, 2017
BCO - Bitcoin Ore - December 31, 2017
BCP - Bitcoin Cash Plus - January 1, 2018
BTA - Bitcoin All - January 1, 2018
BPA - Bitcoin Pizza - January 1, 2018
SLTC - Super Litecoin - January 5, 2018

Wow I did not know about all of them so this BTC thing that forks which then doubles the money supply
needs to come up with a new name for inflation that was apparently all taken care off.

Almost looks like the party is over for a public ledger that belongs to no one because anyone
can copy it and remain within the law so Mr S-M from Japan (or was it the CIA) has made another
mistake.

Don't look down because our horse only has three legs  Cheesy

################ To add ######################
See https://cryptocalendar.pro/event/760 Bitcoin Ore Hard Fork
and https://cryptocalendar.pro/event/758 Bitcoin Uranium Hadr Fork
Both point back to this forum so maybe someone is pulling my leg here










1142  Bitcoin / Bitcoin Discussion / Re: Anyone know about bitcoin fork yesterday at block 501451? on: December 30, 2017, 11:52:06 PM
Why? Because greed that is why the forks are happening.

oh yes greed alright and no sooner was the previous Segwit fork canceled than greedy miners started to put up the fees here.

Quote
And yes I knew about the fork yesterday however because there is a brand new team and no official support from exchanges.

Lets stick with facts please and B2X is on a few exchanges and your starting to sound like a desperate miner trying to hold on
to fees but we have far too many of you at 20,000 and some must go.

Quote
I am going to wait before trying to claim because if the coin has zero replay protection your other coins are at risk and that is not something I want to expose myself

Where did you get this news from because most of the code base is the original code not that it's good code or anything
because we can see the wheels starting to fall off. I myself don't like them planning to use the Lightning Network because
that's nothing but trouble. See https://www.youtube.com/watch?v=UYHFrf5ci_g

The past forks seem to be working just fine so please give them to me if you feel "Exposed"
1143  Bitcoin / Bitcoin Discussion / Re: What company would you want to have accept Bitcoin? on: December 30, 2017, 11:42:03 PM
But no doubt Ripple would most prob be their first choice

Correct so that leave illegal gambling, video girls, and weed plus us tax dodgers and people like me
who just hates bankers but our niece won't last with $45 transaction fees and will never scale to
micro-transactions so read my mind when I think about what way prices will be going if the fees are
not fixed like yesterday  Roll Eyes
1144  Bitcoin / Bitcoin Discussion / Re: Time to think in decentralized exchanges? on: December 30, 2017, 11:28:59 PM
Hey, everyone I am working on an exchange which is an open source product aims to cater following.

Hi

All seems to be j-script so is it code running in a client browser ?

We need a motorway any coin can use which i think is coming and what you say
seems a bit too abstract from me to really get to the nuts and bolts

1145  Bitcoin / Bitcoin Discussion / Re: do you think bitcoin will go back again to 10k or even below 10k on: December 30, 2017, 11:18:36 PM
Right.I think bitcoin price will not go down $10k anymore.The year is ending already so hopefully by the start of new year it will start to pump again.So for those who plan to buy bitcoin seize the moment while bitcoins are still cheap.For sure you will gain bigger profits if you start investing today.

Legit money will be using Ripple more and more because it's 100% cards on the table so only us tax dodgers, gamblers, drug sales and video girls left
and the $45 transaction fee will push the last two out from my list.

Where is the new money going to come from you need to ask yourself because my granny who's tired of "Spot the ball" was going to have a
flutter with $150 but ran for the door when I mentioned the huge transaction fees and when you say cheap are you talking about from a week ago or three months
because BTC was about $4000 then with $1.20 fees.

if you are investing and not just gambling then I am sure that you could put me right on these misguided doubts that I am having in my mind and
put some meat on them bones your offering.  
1146  Bitcoin / Bitcoin Discussion / Re: Great News For Bitcoin! Lightening Network First Payment Was Successful! on: December 30, 2017, 10:46:16 PM
I don't know about HashGraph, but every other solution you propose is based on using a central entity to manage transactions and prevent double-spends. That's a trivial problem that has been solved decades ago. That is not the problem that Bitcoin has solved.

Welcome and at last someone who's skills extend past slot machines so lets do battle friend!

I like the concept of centralization even less than you in the way it's being presented with banksters calling the shoots but we can have
a decentralized system of coordinators without having to bend over to know who. See Ripple and how trust is established (Yes Ripple is banker central, i know!)

Quote
What Bitcoin solved by applying PoW to the double-spend problem is something wholly different. It seems wasteful, it looks weird, but it's the only meaningful and secure solution so far that allows transactions without relying on a central entity.

Wow, hold on a second because we never needed PoW in the past and tight loops are to be avoided and spamming is avoided
by transactions fees anyway and what about the waste of energy so it now costs 90KWH of electric to process 250 bytes of data.
Reeving engine with car out of gear is crazy

Quote
One can argue about whether decentralized currencies are worth it, but arguing that centralization is what would help cryptocurrencies scale is approaching the problem from the wrong angle.
See above comment but let me add to this because virgin nodes starting up uses DNS to get a list of well known nodes anyway
but you will also note that DNS serves cannot steel coins (Maybe they could thinking about it again) so the white-paper broke
it's number one rule anyway and is government blocked domain names on one server then others would take over like OpenDNS


Quote
Lightning Network is not "trading" anything. It's not a different language or a different set of tokens. It's Bitcoin scripts handling bitcoins. No new tokens that get conjured out of nothing. No IOU's that come with counter-party risk. Just Bitcoin.

OK if all the BTC token are in the ledger, you know the thing that's all blocked up then me sending you $0.01 must be a fake
BTC because to change the balance in the official ledger would result on blocks getting bigger and this fake is a token, cannot be original
so we need hubs (See documentation) and someone must trust that I am good for this money sent over a channel .............................

Hubs are banks (Semi trusted) and use IOU's so lets not play with words, no one lends anything for free and will charge for the speed too

Your comment makes no sense and something must be moving between Alice and Bob plus this video contradicts you
https://www.youtube.com/watch?v=UYHFrf5ci_g

1147  Bitcoin / Bitcoin Discussion / Re: Great News For Bitcoin! Lightening Network First Payment Was Successful! on: December 30, 2017, 10:20:40 PM
This is great, but you shouldn't expect that Lightning will soon get released, there's still a lot of bugs across its implementations, some compatibility issues and other problems. And since we are dealing with money, it's not acceptable to  release a half-baked software - every bug can potentially cause millions of dollars worth of damage. So, the answer to a very popular question "When it will be released?" is - when it will be safe enough. Everyone should keep in mind that Bitcoin is a software in very active development phase, and open source development is usually slower than centralized development.

You make them sound like professional software developers and i will even agree with the last part " slower than centralized development."
but lets look at the facts.

1. BTC was never going to scale to mass adoption.
2. Good code would allow block size switch and size change in seconds
3. PoW wastes electrical energy
4. Mining = CPU war
5. 20,000 full nodes to do just 7 trades a second is madness
6. Lightning poor model to integrate, sticking plaster and is too late

As a software developer for 35 years (Back to ZX 48k Spectrum) with various letters after my
name I would be quite interested in entering into a debate over the points I have raised and
then lets see if anyone is swimming without any trunks on  Roll Eyes


1148  Bitcoin / Bitcoin Discussion / Re: What company would you want to have accept Bitcoin? on: December 30, 2017, 10:08:55 PM
Ford Motors

No use in trying to buy food using BTC or hookers when the transaction fee is $45.00
but it would be alright on a $30,000 car

Fix the fees and do it now or we could be facing an implosion and if you believe I am wrong
then a saying in the trade is "Let the trend be your friend"
1149  Bitcoin / Bitcoin Discussion / Re: do you think bitcoin will go back again to 10k or even below 10k on: December 30, 2017, 09:59:23 PM
Already below 10k for me in the UK dealing in GDP
https://bitcointalk.org/index.php?topic=2668554.0

Lets not blame South Korea or Kim from the north, Putin and the KGB or even Bin-Laden

The reason the price is down is sky high fees or did you all forget about China banning
ICO's and it having little to no effect.

1150  Bitcoin / Bitcoin Discussion / oh dear BTC drops below £10k so is this because of sky high fees on: December 30, 2017, 09:53:18 PM
I suspect that if the crazy fees are not reduced by like yesterday then we could well be facing
an implosion in price and if the development team did not externalize the block size or implement code
to set the maximum fee then the team is useless and should not be writing code.

Sorry I am not interested in clap trap about the Lightning network fixing things in several months
time and i don't think it will be any good anyway.
https://www.youtube.com/watch?v=UYHFrf5ci_g

Fix it now and stop miners blackmail us or become another IBM from the late 80's
1151  Bitcoin / Bitcoin Discussion / Re: Ripple Surges to Become The Second Most Valued Cryptocurrency on: December 30, 2017, 09:15:56 PM
I think it will stay there for long time. It would be hard to destroy BTC,

Fees gone up 100,000% in one year will destroy it without any outside help so forget gambling on the price
and look at buying porn, weed and then adding in an extra $45 in fees. Cannot test wallets with these fees

Quote
While ripple is going to hibernate for longer time when it reach some point. I think soon.

Are you sure your not just dreaming out loud because you present zero facts to substantiate this theory.

Transactions per second
BTC = 7
VISA =25,000
Ripple = Swift + more (Guessing 50,000)

Can you see the odd man out and that's before looking at fees
Like IBM and AOL, Bitcoin had the world and they are in the process of throwing it away
1152  Bitcoin / Bitcoin Discussion / Re: What's the weight of Europe in today's Bitcoin market? on: December 30, 2017, 09:04:05 PM
As far as I know, one of the factors increasing the price of bitcoin - the demand for it, Europe too has its place, there is not so little people)) Grin Grin Grin
Stop standing on your head, price is downwards since fees went silly as you would expect.

Japan is where all the big action is going to be coming from ! Checkout Robots and AI, See M2M or IoT
and then think why someone might had wanted to create CPU wars using Bitcoin
1153  Bitcoin / Bitcoin Discussion / Re: What's the weight of Europe in today's Bitcoin market? on: December 30, 2017, 08:58:32 PM
Yobit dice game in your footer!

I've been watching this, wanna chat about it ?

1154  Bitcoin / Bitcoin Discussion / Re: What's the weight of Europe in today's Bitcoin market? on: December 30, 2017, 08:50:40 PM
I was watching trades on GDAX today for BTC and you can switch between orders for BTC in
GBP/USD/EUR and they were well slow coming in for the EUR/BTC trades.

We are told that most trades for BTC come from places like Japan and Asia but Coinbase
wont's let you trade in them so why would that be i was thinking.

Well it must goes back to oil trades and the Americans trying to force others only to ever use the USD
and it becomes a tax since the big nose men get to take commission during the conversion process

Also note that Bitcoin cash (BTC) on GDAX can only be traded against USD, not GBP or even BTC 
so gentlemen it looks like they have magnets under the table, trade (Gamble) with care and never
trust Coinbase who scammed me for $10

mrcash02

Interesting map, thanks
1155  Bitcoin / Bitcoin Discussion / Re: Great News For Bitcoin! Lightening Network First Payment Was Successful! on: December 30, 2017, 08:37:21 PM
Anyway, according to the author of the video we should have raised block size long ago, but we didn't... or maybe we did through BCH? Is that the solution? IS it a better solution than the lightning network? IMO it's certainly better than being stuck in 1mb blocks with unbearable fees. I would be willing to accept the nodes as a temporary solution to reduce the network load until a better solution is found.

If you fixed windows then would you like un breakable glass or was you a doctor then would you like to see the world
without a need for doctors.

The dev team can fix this one in hours but are enjoying the profit too much and writing a new system
but any two bid 1st year software student could work out that BTC would not scale and that you don't need
20,000 nodes to service just 7 transactions a second that are only 250 bytes of input data.

VISA has 1/100th the CPU power BTC network has and can preform 25,000 transactions a second
and Ripple can scale to that too but BTC cannot and VISA do it without splitting the ledger so what does
that tell you about the Lightning sticking plaster. 
1156  Bitcoin / Bitcoin Discussion / Re: do you think bitcoin will go back again to 10k or even below 10k on: December 30, 2017, 08:11:56 PM
Price of BTC was going up, fees got stuffed up to silly levels and it stated to trade sideways and
now it's dropping.

The conclusion is obvious but what is less obvious is that much of the damage has now been
done and even if fees get back to $0.10 like they were at the beginning of the year the trust
has gone, ticket has been punched

Crazy fees (Blackmail) has cost me $80 in last two weeks, give it back miners and i might
forget about your little mistake.
1157  Bitcoin / Bitcoin Discussion / Re: Bitcoin and all the altkoins are the first pancake lump on: December 30, 2017, 07:55:13 PM
I'll make a crypt from scratch. While the stock exchange, a purse and cryptoscore. And your coin.

I don't think you have the skills (correct me if i am wrong) but I could given a year or so however
what i have discovered is as i have come up with a skeleton plan and I look around a bit more
then someone has beaten me too it. Good for them anyway.

Some centralization has got to be cooked into the cake no matter what way you go but the
nutter that came up with the BTC white paper (if not the CIA) knew all along about it creating
CPU wars and that it would not scale.

Lets talk if you think you have "What it takes"
1158  Bitcoin / Bitcoin Discussion / Re: Bitcoin and all the altkoins are the first pancake lump on: December 30, 2017, 07:47:52 PM
Bitcoin and all the altkoins are the first pancake lump. But it needs to be remade correctly. You can skip this message. But almost all coins will collapse. The arrival of new coins is not far off. Coins will start appearing at the beginning of the year.

All the block-chain coins need to adapt the architecture because they cannot scale by using
a Micky Mouse structure where a 200gb file on 20,000 nodes needs to be kept in sync and the
real killer is having to walk back down the link lists (Block Headers) to balance a wallet because
a program needs to view all 200gb of data.

IOTA, Ripple and the not yet complete HashGraph developers understand that BTC as it is
won't scale and the BTC developers themselves also knew this from day one so it's a scam and now the
chickens are coming home to roost.

Maybe a quick change like a increase to the block size would buy some time if they wanted to
but it seems to me they are working on Lightning because they have lost interest in core BTC
given they knew all along that it was a dead duck but I am not sure anyone will trust them
anymore and they need a fix like yesterday and not in five months time.


 
1159  Alternate cryptocurrencies / Altcoin Discussion / Re: Wrongly sent ETH to BTC Address on: December 30, 2017, 07:32:46 PM
The wallet should had stopped this because it is the wrong address type so
i am not sure how this can ever happen
1160  Bitcoin / Bitcoin Discussion / Re: Great News For Bitcoin! Lightening Network First Payment Was Successful! on: December 30, 2017, 07:27:50 PM
We were waiting for this for months. I think there has been a thread about it last year, but people forgot about it when the whole big block quarrel has started and then we had all that drama with BCH and another drama with 2x... Lightning is a great solution because it doesn't interfere with BTC but works around it. I hope this will bring more people into Bitcoin and raise confidence that we have lost recently when the fees rose to $50+

So if ledgers on this BTC network keeps a balance of BTC then whats trading on Lightning ? Hens teeth maybe or
is it IOU's for BTC and if so then who lends out the IOU's to be settled at the end of the month.

Boy this reminds me of VISA card and bankers dreaming up money just like they do already and I am not alone
in saying this. https://www.youtube.com/watch?v=UYHFrf5ci_g

PoW and mining solved one problem and created ten more and this is just were we are heading with
lightning but instead of Bob talking to Alice we have Chow Ming mo and Rabdub Remead thrown into
the mix and they don't talk the same language or share the same tokens.

"confidence " will be restored to some degree when the miners stop mugging us and if too many exist
in the CPU War BTC has created to make a living from just mining coins then some will have to go, like
90% of them because we simply don't need 20,000 to process seven transactions a second
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