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Ripple is ready to go and way past testing, why not use it instead? Besides, I trust Stefan Thomas (ripple) much more than the town crier for the failed Bitcoin Foundation pack of thieving liars.
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LOL, 21 btc. That's what most of the old time miners earned their first few days or week of mining. There's a ton of people around here that have a lot more than 21 coins.
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Well, Amir Taaki has been using it for years and he's a terrorist. That doesn't seem to have hurt bitcoin so far.
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I love the way it gets me laid, buys me drugs and makes me a master champion gambler. Just holding on to one bitcoin will make me a multimillionaire in a year. Yeah, that's it. LOL
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Well, well, money and power corrupt people and turn them into monsters. Go figure.
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Can I link my checking account and my bitcoin account?
Can it be tracked that I am pulling money from my checking account to my bitcoin account by the bank/investigators? My ultimate goal is to send monies back and forth like a ghost so no one and nothing can trace me.
Your account is brand new and only has one post. If you ask for this information, intending to commit a crime. Can those who help you be considered accomplices?  People might want to think twice before responding to these types of posts. Hum, that makes every criminology professor an accomplice to every crime his students ever commit. After all, he did teach them in great detail how crimes are committed. Oh, you better include history professors, television and movie producers, police crime prevention instructors, every private company loss prevention instructor, and every website administrator that allows conversations between individuals. In fact, let's just jail everyone in the world that doesn't live in a cave. LOL |
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Says the country that steals from the poor to give to the rich.
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Other than to line your pockets with profit from the coins you sell, why would you want bitcoin to be mainstream?
Currently, it's a day traders magic volatile commodity that blows up and down with the wind. Why end that magic just so you can wait 100 years for the price to rise to a million each. If the price only climbs and never falls then you can sell btc only once. If you try to buy it again you'll have to pay more than you sold it for.
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Our wise and dedicated devs discover exploits and skillfully plug the holes. The same way companies do it with closed source. Just because something is open source and decentralized doesn't mean no one is working on it.
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If you're going to commit a crime that requires a long distance payment then bitcoin is your best friend. If you're close enough to pay in cash then avoid even bitcoin for the payment. As others have said, don't involve a commercial bank account at all. In fact, if you are about commit a high dollar crime (like withdrawing $50k for a hitman) don't do that from your bank account all at once. It would be better to slowly collect up part of the money in cash from an income source and part from small irregular withdrawals.
Example: If you earn $1,000 a week, try to get paid in cash. In the same week, withdraw $435 on Tuesday and $565 on Saturday. Now you have $2k in cash. The next week, earn $1k in cash and withdraw $315 on Monday, $275 on Wednesday, $123 on Friday and $287 on Sunday. Now you have $4k in cash. Do that until you collect the necessary amount then buy btc from direct sellers in small quantities from local people on LBC. Try to use as many different sellers on LBC as possible so no one individual can be found to testify as to the amount of bitcoin you purchased. I've always believed that crime was bitcoins best destiny but you need to think it through and be smart about it.
BTW: On one of the days that you withdraw cash make yourself seen at a local gambling establishment. Go to a horse race track or casino and get into an argument with security. Security will note the incident and you have an iron clad excuse for the cash withdrawals.
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That is too funny. One of Bitcoins finest is a fucking terrorist. I was eating a small bag of peanuts while reading the story and laughed so hard I ended up shooting a peanut out of my nose. ROFL
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That's great news. I'm glad the Japanese are getting into bitcoin. The Chinese pump is about to run its course and we'll need a new group of suckers investors soon. The Japanese are very technologically advanced people that are good at maths and coding. Maybe some Japanese devs can start working on bitcoin and correct the mistakes the western devs have made.
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While there are differences at the same time bitcoin and paypal strive to provide a service that is similar, the ability to transfer your funds form one side of the world to the other as effectively as possible.
True. Both provide the ability to transfer your funds at any point in the world. While I think Bitcoin and PayPal will co-exist, Bitcoin could become more accessible for the unbanked, as it requires no identity verification or credit card access. Being a decentralized cryptocurrency it has no single point of failure, while PayPal can shutdown at any point in time. Still, PayPal has a few advantages over it, as well as a great acceptance from known merchants and businesses. You can also, request your money back, unlike Bitcoin which its transactions are irreversible. In the end, I think that PayPal might adopt Bitcoin and create a bridge between it so users can quickly exchange fiat to BTC or vice versa. It would become handy for merchants who only accept PayPal, to give the convenience of using Bitcoin. Just sharing my thoughts.  I would like that too, but paypal seems adamant in their reluctance to accept bitcoin maybe they know deep down that if they accept bitcoin then bitcoin could end up growing a lot and stealing a part of their business. Or maybe they can never take bitcoin because it exists to protect the seller and PayPal exists to protect the buyer. If PayPal used bitcoin how could they protect the buyer and reverse transactions? Bitcoin can't be reversed. |
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Why doesn't he just have Jesus miracle a solution. Or maybe that's what happened. Me might have prayed for a solution and this is the best thing Jesus could come up with in a pinch.
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I really can't understand why people refuse to accept that bitcoin was designed to eventually have high transaction fees.
Bitcoin was designed with a built in system that gives miners free money for mining (block reward). The free money was scheduled to slowly drop and transaction fees would slowly take over for the block reward. Bitcoin, at no time, was ever expected or designed to be a "free" method for sending money.
Bitcoin only has one fucking job people. It removes the need for trusted third parties to supervise transactions.
That is all. By design, it's not free, it does not pay you for sitting at your computer, it does not help you buy drugs, it will not get you pussy, it is not a gangstas paradise, it will not make you a winning gambler. Use it for whatever you want but realize it ain't free.
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I'm already a few years involved in bitcoin world and never worried to much about fees or sending bitcoin from one wallet to other. Each time I will just choose standard fee, offered by blockchain, and send bitcoins. Recently, I had several btc transaction with a very long waiting time for confirmation, more than 24 hours. After such experience, I always chose higher fee than recommended. If you really think that sending btc without any fees will save you either money or time, good luck with it I will not recommend it. Yes. I too will not recommend it because if everyone start doing it then think about the problems it'll arise to the miners and to the Bitcoin universe. You can change the fees for your transaction by making a wallet which has the feature to do that. But it's better if you pay a little fees to the system when system is giving you much in return.  I don’t know I feel like if we keep giving the miners what they are asking for they will keep asking for more, at first you could send the bitcoin and they arrive instantly and you won’t have to worry about the fees because they were so small that you don’t notice them. But miners are getting greedy and they are asking for fees that even after giving it the transaction doesn’t seem to be that faster, and if people start paying more and more they will keep getting greedy and eventually the bitcoin will become like any other bank transaction. You don't have any choice but to allow miners to control transactions. That's the design. If mining was more decentralized it would be less of a problem. The issue really revolves around the expense of mining. When mining was possible on any computer CPU it could be very decentralized. Now that mining is reserved for wealthy mining consortiums, control of transaction acceptance is highly centralized. Unfortunately, it will only get worse as the mining reward continues to drop and company profits rely on transaction fees. |
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This thread reminds me of Matthew N Wright's pirate Ponzi bet thread, except Matt was stupid enough to accept the bets. At least Ver isn't that stupid.
I made a decent amount on that one, although he couldn't pay it fully. I respect his effort, not so much his gullibility. Yeah, he was either a naive gullible fool or that Texas redneck Trendon Shavers paid him to run that thread. I never figured out which. |
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This thread reminds me of Matthew N Wright's pirate Ponzi bet thread, except Matt was stupid enough to accept the bets. At least Ver isn't that stupid.
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Most Bitcoiners accept the fact that Bitcoin is a threat
to the 'banksters', the authoritarians, the statists, the
old establishment, traditional money transfer companies,
and it has many enemies, so it is not a huge leap of
the imagination to think some powerful group may
be trying to bring down Bitcoin.
Regardless of whether you support Core, or you support BU,
right now there is a situation where neither segwit or BU
is getting enough mining votes.
If this powerful (and well funded) outside group wanted to keep
us fighting with each other to cripple bitcoin, all they
would have to do is throw a little bit of money at some
cloud mining to ensure one side doesn't get too strong.
They'll keep us in a stalemate on purpose.
Even worse, they can continually re-invest the rewards
they make from mining, back into more mining. They
will not make a profit, as cloud mining is rarely profitable,
but they can get close to a 100% ROI (break even).
So it almost costs nothing except tying up a few million
bucks for a little while.
If this is indeed what is happening,
we will never scale using the current approach.
The only way is if all the big players just meet and
have an agreement, like "we're activating segwit now"
or "we're going to 8mb now".
What is this great threat? Circle can send money worldwide for less than bitcoin and uses the current banking establishment. Bitcoin has now proven it's completely incapable of handling even one - one thousandth of the transactions that flow through the ACH/EFT system every day. The New York BitLicense has proven governments can completely wipe bitcoin out of a market with the swift stroke of a pen. Transaction fees are now so high (and will go higher with every reward drop) that "traditional money transfer companies" are looking like a good deal again. Paperless contracts and data storage are looking like the best use of bitcoin (other than a day traders or scammers wet dream), why would the current banking establishment want to kill something that helps them out? There's no evil outside influence attempting to kill bitcoin. All the little Nancy Mary liberal fucktards and bitcoin profiteers are doing a fine job of that all on their own. |
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Fairly recently I got a 0-fee transactions through but it did take 11 days. Your mileage may vary. Past performance is not a reliable indicator of future behavior. Be prepared to recover if your transaction doesn't ever go through.
On my knowledge the mempool times out earlier than 11 days. Assuming you needed to restart your wallet using zapwallettxes=1 and sending same amount again? But @OP "yes" you can send without any fees. It's just a ballot if those reach their destination, at all. Just adding 1 Satoshi to each byte works marvels. I did not have to zap and resend. The original transaction went through without any help. I was comfortable with 11 days; many/most people might not be. Can you really imagine 11 days being acceptable for any modern transaction? Without a doubt, bitcoin has priced itself out of the small transaction market. I don't mean just micro transactions but even sending $20 to a friend that loaned you pizza money is out of the question now. Hell, old fashioned checks are better than bitcoin now. I live near the beach and walked there one day but didn't take my wallet. A friend of mine shows up and asks if I want to walk across the street to the Beach Chalet and grab lunch. I told him I had no money on me but if he covered the bill and dropped me off at home I'd give him a check. After lunch (and a couple of beers) he dropped me off at my place, I wrote him a check for $37 to cover my half of lunch, he passed my bank on the way home and immediately got his money. That transaction didn't cost either of us a penny. Bitcoin is completely removed from a huge number of transactions now. Circle now sends money worldwide for almost nothing. What's left for bitcoin? |
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