Bitcoin Forum
July 13, 2024, 09:57:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 ... 77 »
121  Bitcoin / Bitcoin Discussion / Re: BitcoinXT, Fork, Miners... This is how they look like from here on: August 19, 2015, 12:35:59 PM
The Bitcoin XT software has been programmed so that no change will happen before Jan. 11. If, by that stage, 75 per cent of the “miners” – computers that validate bitcoin transactions – have signed up, the software will automatically switch to Bitcoin XT. If 75 per cent is not reached, it will not.
122  Bitcoin / Bitcoin Discussion / Re: My opinion concerning bitcoin forking on: August 19, 2015, 12:19:45 PM
I think Bitcoin should be used for transactions and forks should be used for eating dinner.

Can we please stop this childish split, get together and come up with a synthesis?

Also, if XT is going to be endorsed, what does that mean for the bitcoins currently in my wallet? Will they become worthless or can I somehow exchange them for XT?  Huh

I'm against XT. they want to make money on Bitcoin name

How does that work? In theory can't we have like 1 bitcoin with a thousand forks so bitcoin becomes multifunctional but all forks remain a form of bitcoin that has the same price and can be interchanged?  Huh Huh Huh Huh

No, if the exchange updates on XT , You will not be able to sell their Bitcoins from the old network

So how do I convert my old bitcoins to XT and prevent them from becoming worthless? Huh

Yes, that is the main reason for Panic selling in Bitcoin Exchanges. Investors are not even wait to see what happened in January (the fork of XT is on January 11, 2016).
123  Economy / Speculation / Re: BTC Price Manipulation on: August 19, 2015, 08:50:30 AM
Bitcoin XT is may not be a Scam.  But Bitcoin XT want to capture entire Bitcoin network into their hands.  This may lead to create problems to Bitcoin and its investors in future.
124  Bitcoin / Bitcoin Discussion / Re: 5000 Bitcoins for a Pizza - The most famous story in Bitcoin history on: August 19, 2015, 07:28:02 AM
It was a world first(probably) for a trade made in online cryptocurrency.

OP, maybe link the original thread: https://bitcointalk.org/index.php?topic=137.0

Thank you very much for your suggestion, I have added the link to the post.
125  Economy / Speculation / Re: why bitcoin is dumped so hard? on: August 19, 2015, 06:06:33 AM
This Price fluctuation of Bitcoin can continue till the fork in January.  Only after that fork, Bitcoin price can stabilize.
126  Bitcoin / Bitcoin Discussion / 5000 Bitcoins for a Pizza - The most famous story in Bitcoin history on: August 19, 2015, 05:49:14 AM
The Pizza Purchase

The first retail purchase on May 22, 2010 is probably the most famous story in Bitcoin history. Jacksonville, Florida Bitcoin “miner” Laszlo Hanyecz pays 10,000 Bitcoins that he mined himself for two pizzas. At the time, Bitcoin did technically have an exchange rate of a few cents, but who knew that? The purchase price for the pizza was approximately U$25. Selling 10,000 units of unknown computer code for two real pizzas seemed like a great deal at the time.

“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Mr. Hanyecz told the New York Times recently.

The year of 2010 sees many first for Bitcoin, including the first escrow transaction (October 16), the first mobile transaction (December Cool and the first time Bitcoin’s total value exceeded US$1 million on November 6, with each bitcoin trading for approx. US$0.50. Bitcoin is now a real currency.


You Can find this interesting story along with "Top 10 Greatest Moments in Bitcoin History" here: http://cointelegraph.com/news/115146/top-10-greatest-moments-in-bitcoin-history

And the Original Pizza Story Started here: https://bitcointalk.org/index.php?topic=137.0
127  Bitcoin / Bitcoin Discussion / Re: If most nodes and miners start using XT will the devs agree on a change? on: August 19, 2015, 04:54:31 AM
Users have nearly five months to make the switch before either the 75 percent threshold is reached and non-XT bitcoins lose their value, or the XT project is abandoned. “If the fork 'fails' in the sense of just not getting enough support, nothing happens to bitcoin,”
128  Economy / Speculation / Re: BTC Price FLASH CRASH! on: August 19, 2015, 04:49:06 AM
Bummer I missed it!! I can't blink around here!

Next time you guys plan a flash crash, please tell me!

You can expect few more Flash Crash before January/Fork. Be ready for it!
129  Bitcoin / Bitcoin Discussion / Re: Insider's story on Asicminer's debacle(2013-2015, in Chinese) on: August 19, 2015, 04:45:28 AM
Here is the Translation:

Quote
4. grilled cat foot I must say a few words.

I was an early investor in the stock cat roast, grilled cat is the first to use the mining machine mining beneficiaries. I roast cat technical control, since April 2013, the company and the industry to control mistakes again and again, mistakes continued to the front foot.

2013 Spring Festival, grilled cat 12.8G mining machine to come out, chips, production, improved model has been no mass production.

In 2013, the roast cat holds a lot of wealth, huge amounts of money to establish a liquid-cooled mine, although interesting but certainly lose money. Some people argue that within the team into the 28-nanometer, the board did not pass.

2013 8--9 months, the currency price of around 1300, when the cat roast sold 20,000 coins, ready to develop 40 nm. November 55 nanometer chip BM1380 bit continent advent swept the global market, there is a small episode, we BM1380 the wafer (length and record the same, but the seal, the outside can not see is the wafer) in the courier warehouse stolen gone, the thief did not know what, along with tea together next away, and later found in the dumpster, sawed, and can not use, we lose tens of millions.

Early 2014, the cat roast 40 nanometer tapeout, we have developed 28-nanometer tapeout until early April. Avalon month later than we taped. In late April, the cat roast samples arrived, very good argument, grilled cat has not been resolved to the mining machine from the chip manufacturing process, began to sell chips, then there were minor strong mining machine, dragonflies t-east mining machine, mining machine garden etc. , but until the end of June, the East t in the industry production of the first batch of baked chip mining machine cat, other generation business are still struggling to develop and test. In mid-July, we started to sell large S3, the previously mentioned production of 20 million units. This generation of generation of business losses roast cat and the cat roast directly related to the development process has been constantly jump pit. Chip package in the tank, and the temperature another job Chips. Roast cat generation chip really fight, and under a massive wafer, but the delay is not developed it. Later these chips made of roasted and grilled cat cat pipe prism, small miners forum, but who bought a batch of roast cat mining machine, with miners words, it is the old worry about. Prism nominal 1.4T, 1.1T can go pretty good, but power consumption is much higher than the standard to be, and failure continued. Later that every time we publish mining machine, friends have asked me, can not go to so much, I say never vacuity bit continent.
Here revisit the story, 28 nm is rather special, it is all just march. There is a small parameter, we ignore, leading to higher chip power consumption, Avalon day before tapeout discovered the problem, urgent revision, the change will take more than a month, mining areas, time is actually money. iphone6 ​​many chips are 28nm, TSMC also, we have to grab their capacity.

July 2014, the mainland get bit sampling parameters slightly lower than expected, but still very good arguments. Then we did a version, 28 nanometer part of a custom library, Sept. cast film, which is BM1384, the main models for the S5. Roast cat into the development of the next generation of course, but we all know he has twenty thousand Dollars But it is his personal money, of course, risk can not be used, it should be financing or borrow (pure speculation), but not directly to the cat roast lot cast film, but made a MPW. Silicon chip to two months, he made a MPW (that is to test the chip can not, the number of chips small, but mpw be very cheap) is tantamount to a waste of two months.

In January 2015, he got the cat roast chip, this chip is really good ah, 1T also more than 300 watts, but this time we S5 volume production, and we have completed the construction of large-scale mine in Sichuan. But Bitcoin has been diving, grilled cat models or 40 nanometers, struggling to put the chip into a mining machine inventory and cooperation of third-party mines reportedly cut away the cat roast operator force, as mines and roasted cats scores, here I do not know do not say, anyway, he did not count the cat roast forces, and these forces by the operator Xiaoqiang AMhash and calculate the force it has been sold, the cat roast force to pay for these benefits to be considered Users of these two forces cloud platform operators, their chips, although very good, but money seems to cast film scene is not good. Internal and external, keep on fighting, defeated, unusually cold this winter, the most unlikely of grilled foot of the cat lost contact.

Let me say a bit continent, although once the price we S5 1700, but there are still some profits, and we have the first two generations of capital reserves, we are moving steadily, at every step, we do not sell hosting to their own mining machine inside the venue. March 2015, PACMIC V1 launch, and users to share our mining revenue, of course, we have to return the money. From the beginning to now, mining difficulty average increase of 1% each, Bitcoin mining is one of the few in the history of the golden age. bitbank pine flower show, haobtc Wu Gang, both at the beginning of the procurement us a lot S5, today, S5 price remained at around 2600. Bit mainland listing plan has already started, is expected to log on Nasdaq two years.
130  Economy / Speculation / Re: BTC Price FLASH CRASH! on: August 19, 2015, 04:32:20 AM
I don't understand, why selling pre-fork coins now? I just bought some cheap coins. Even there is a fork in near future, I would reserve the right to sell the coins on the chain that I don't like

At that time if you are in wrong fork, your coins may disappear. That is the main reason for panic selling.

Where did you get that information? How is that possible?

Peter Todd, a staunch opponent of the fork, told the bitcoin news outlet CoinTelegraph the possibility of node centralization poses “a huge risk with the potential to destroy bitcoin in the medium to long term.”
131  Economy / Speculation / Re: BTC Price FLASH CRASH! on: August 19, 2015, 04:01:51 AM
I don't understand, why selling pre-fork coins now? I just bought some cheap coins. Even there is a fork in near future, I would reserve the right to sell the coins on the chain that I don't like

At that time if you are in wrong fork, your coins may disappear. That is the main reason for panic selling.
132  Bitcoin / Bitcoin Discussion / Re: Let`s talk about bitcoin ! on: August 19, 2015, 03:54:48 AM
Bitcoin.org, the unofficial online home for bitcoin releases, put out a firmly worded statement opposing the hard fork: “At the very best, a contentious hard fork will leave people who chose the losing side of the fork feeling disenfranchised. At the very worst, it will make bitcoins permanently lose their value.”

So we can see some upward movement in BTC Price.
133  Bitcoin / Bitcoin Discussion / Re: Looking for EXPERT partner for mining business on: August 19, 2015, 03:06:18 AM
Is Bitcoin Mining is still profitable? Are you calculate Breakeven and ROI?

How you get the FREE Electricity?
134  Bitcoin / Bitcoin Discussion / Re: What is the best way to mine Bitcoin nowadays? on: August 19, 2015, 02:57:05 AM
Bitmain Antminer have different versions.

ASIC Spondoolies have some high end variations.

You can choose as per your investment.
135  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT has code which downloads your IP address to facilitate blacklisting on: August 19, 2015, 02:44:08 AM
These things can through away Bitcoin into more problems.  So we must need to stick with Bitcoin Core.
136  Bitcoin / Bitcoin Discussion / Re: Nakamoto speaks on BitcoinXT on: August 19, 2015, 02:42:30 AM
As many time said already, that mail is FAKE.  But it contains some valuable points which Bitcoin community agrees.
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin XT? on: August 19, 2015, 02:37:39 AM
The new version, which calls itself Bitcoin XT, would increase the block size to 8 megabytes, which would allow up to 24 transactions to be processed every second. That is still a fraction of the 20,000 or so that VISA can process, but would increase every year, so that bitcoin could continue to grow.

Those who oppose Bitcoin XT say the bigger block size jeopardizes the vision of a decentralized payments system that bitcoin is built on, as the extra computer memory needed would shut out many of the thousands of individual “nodes” that currently power the network.
138  Economy / Speculation / Re: BTC Price FLASH CRASH! on: August 19, 2015, 02:33:05 AM
All the other Crypto Currency's are being murdered.
http://coinmarketcap.com/#USD      WTF is going on???

Because, without BTC there are no Crypto Currencies.

Can we imagine Crypto Currencies without Bitcoin?
139  Economy / Speculation / Re: Media misrepresenting BitcoinXT situation, causing investors to panic. on: August 18, 2015, 02:53:58 PM
The controversial Bitcoin hard fork — as reported by QNTRA — has been unable to mine even a single block since its launch on Saturday, indicating a low adoption rate from the miners. A possible reason for this ignorance could be the negative public opinions on the new client, considering it is launched without forming a proper consensus — a factor that goes well against the ethos of the Bitcoin community.

There is no guarantee: whether or not a majority of miners would move to the new forked Bitcoin client. But the confidence the digital currency’s stability is definitely suffering as of this moment. We can duly note this in the bearish price action in the Bitcoin markets.
140  Bitcoin / Bitcoin Discussion / Re: Earn bitcoin by sharing your bandwidth on: August 18, 2015, 02:44:46 PM
This must be great idea which is useful to both users and bandwidth sharers.  But how sooner they start this service is the question.
Pages: « 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 ... 77 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!