To my knowledge, the only people that might have trouble accessing the group are 1.) those belonging to more than 25 Facebook groups, and 2.) those who have posted links with referrals and/or otherwise spammed the group. If you don't fall under any of these categories, please feel free to send a PM and I'll assist you in troubleshooting.  |
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 Title says it all. It would seem Apple/Android pay may have rendered altcoins obsolete or at the very least, irrelevant. We all know the arguments but the general public. Just. Does. Not. Care.
The world simply does not know what it wants, because it doesn't know about decentralized currency. You can't want chocolate cake with ice cream if you don't know about chocolate cake and ice cream. Once it learns about decentralized money, no centralized payment platform will be able to compete. So the banks and Apple can try as they may, but once the people learn about freedom, they will demand freedom. Then many of the developers and early adopters from this sub-forum will become god-like in the eyes of the people. But we shouldn't use our god power for self-interest, we should use our god power for the benefit of all!!  |
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Everyone with an approved post or comment above has been paid! --  I just wanted to take a moment and thank you all for making this the best Bitcoin group on Facebook! You guys are the best! |
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Hey all, I've been reading a lot about blockchain tech recently and wanted to know what you all think are the best use cases for blockchain tech.
Multiple currencies on multiple blockchains is the best use case at the moment. Alternative currencies are what put the 'decentralized' into decentralized currency. Without them, all we would have is a centralized digital currency called Bitcoin. |
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 You are not him, you are not them. Please stop putting words in other people's mouths. Even if Satoshi wanted to raise the limit, he may not be able to, he doesn't have dictatorial powers.
I do agree that the 1MB was not intended to be permanent. It was set in place to prevent spam and DoS attacks.
If you will look carefully at my statement, you will clearly see I didn't put words into anyone's mouth. I simply shared a perspective on the situation. This is the most logical conclusion that one would draw if/after studying the entire contents of Satoshi's postings on this board. He would have raised the limit to 8MB (static) and everyone would have gone along merrily; because after all - he's Satoshi. Gavin's BIP101 idea is insane. Now, we're stuck in a circle jerk with core developers that have excessive self-interest and over-blown egos. |
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Thanks for insightful post. Clearly to compete with the likes of visa etc then block size needs to be increased to process more tps? If so, what's the disadvantage to larger block size? Slower confirmations? I'm surprised satoshi wrote nothing on upscaling this. He might have however I'm not aware of his writings.
When Satoshi lowered the max block size to 1MB network conditions were different; and, it was intended only as a temporary measure. Then he vanished with an estimated 1 million bitcoins. If he were around today, he would simply raise the limit to 8MB. The reason this has not been done is mainly because some of the core developers have conflicts of interests involving outside paid projects. |
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we all know how evil google is its no surprise mr hearn wants to rush this thing in his name...
sociopaths like him need to be set straight if g0ggle gets 1% of control over bitcoin its all over say hello to g0gglecoin bi bi to the freedoms of bitcoin bi bi to the countries that rill innoculate in bitcoin and hith attitude stinks like i put my nose near some dog poo and niffed it so hard
why doth mr hearn want to rush this thing bitcoin was and is doing quite well so far why why why cant we get along together and be friends there ith enough hatrod in the world i would need 5 billion fingers to count them oll on. . .
Your message is unclear, contradictory, and paradoxical. Your Newbie username is 'hearnshouldburn', you talk about the evils of Google, and in the same breath put forth a message of peace and unity. You say there is enough hate in the world while spreading hatred. I will agree with the other poster, this is probably the worst post I've seen on bitcointalk. So in that way your post is special, but in a 'I wish I had never read it' sort of way. Let's make Bitcoin great again and stop wasting time with nonsense like this. |
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i heard many Cryptocurrency but why people mostly use bitcoin?
The same reason everyone used to use WebCrawler and AltaVista. This is known as first-mover advantage but very few are able to hold the lead long-term. In regards to Bitcoin, dissension at the core development level will prove to be the currency's undoing. There is zero chance that Bitcoin can hold onto the advantage unless the core team matures and decides to compromise and become more team oriented. Currently, the members are suffering from various degrees of egomania and self-interest. |
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When is it? Said he's looking at 10 years for embezzlement if convicted.
He's probably working on a plea deal with the Japanese government. If he gives up Satoshi's identity, they might go softer on him. But I don't know if Karpeles is the type of individual that would 'roll'. Only time will tell. |
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Everyone above with an approved post or comment has been paid! |
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What is the difficulty in moving assets to another blockchain? This does not seem complicated. -- Not sure how a blockchain with a disorganized core team is going to compete long term with a core that has an organized team. << Thinking otherwise would be the delusional mindset. |
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why you do not approve of my comments ?
I don't know what this means? Comments are not approved; they are automatic! |
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Everyone above with a paid post or comment has been paid! -- I think you are only around 25-30's,, because mostly of this community are still thAt aged,, can I ask? In your profile picture is that you?
Yes Sir! That is me!  ... This is my YouTube >> https://www.youtube.com/microguy |
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He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.
Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.
The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all. That idea would never gain consensus. My solution is a compromise that works and has a chance of winning consensus. |
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He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.
Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.
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I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.
Input?
I don't think increasing the maximum blocksize to 8MB (static, not Gavin's crazy idea) would be a whole redesign of the current code. It's a tiny, tiny tweak. Too bad Satoshi disappeared, this is what he would have done already. |
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Everyone with a paid post or comment above has been paid! -- You guys are the greatest group of guys I've ever worked with in my life - and I'm 50 years old! |
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Would you still use and believe in bitcoin if it became reversible, say if satoshi himself managed the disputes like paypal does?
Will you quit?
I'm getting tired of the statements that it can't be done, its a hypothetical situation and I'm asking for your reaction , please bother to read the posts before you post
This would require the 'mother of all hard forks'. On a difficulty scale of 1-to-1,000 with changing one line of code to increase the block size being a 10; forking to support Satoshi authorized chargebacks would be a 1,001. Basically, it's a silly hypothetical because it can't happen. |
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If someone were to sell bitcoins on localbitcoins.com in exchange for paypal my cash cards, which were then deposited into paypal. Is that legal as long as any taxable gains received in the transaction are paid? If the amount is under $500 per day and $4000 per month would there be any requirement to know the customer or comply with anti-money laundering laws?
There is no clear-cut answer to this question. But based on all the information available, you should be okay since you are acting as a merchant/agent for PayPal (which is licensed in every state) and since you don't hold customer funds on account like an exchange. The concern ...and a very valid concern, would be the risk and exposure to charge-back fraud. |
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