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1221  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: December 27, 2017, 11:03:11 PM
How foolish??! Everyone who bought before this month is definitely in x1.5 profit at least right now and everyone who bought before the high surge that happened this year are in 10 to 15 times profit.. I don't see how they are stupid  Tongue

Please let me answer you with two words and come back if you just don't get it or know what one looks like

Bubble
Tulips
1222  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: December 27, 2017, 11:01:06 PM
Lets look at the numbers

Code    Price         Transaction speed             1st confirm Speed

BTC      $15,000     $40.00 +                        Hours
ETH      $700          $1.20                             5 minutes
B2X      $1,000       $0.10                             Seconds

Does the maths tell you anything 

1223  Bitcoin / Bitcoin Discussion / Re: The Legend of Satoshi Nakamato, FINAL STEP PUBLISHED.... 4.87 BTC GRAND PRIZE! on: December 27, 2017, 10:52:53 PM
Satoshi Nakamato started the CPU war with miners and works for the bankers and big oil with his PoW
bullshit plus more and now people are learning that BTC won't scale using the current design but he is
smarter than Madoff because he has already "Made off"

IOTA has a better design using Tangle but that nothing to write home about and did you like the
clap trap about "No inflation" if you ignore the doubling of the money supply on each fork.

Lightning is just a sticking but if your not a software engineer and want to understand why i
say this then see https://www.youtube.com/watch?v=UYHFrf5ci_g and then feel free to
debate the issue because i am telling you that the king has no clothes on but many here will
refuse to see it until the price starts to pop and what was it our great leader said about transaction
fees again "Virtually free" in the white-paper or was that toilet paper used by bankers.
1224  Bitcoin / Bitcoin Discussion / Re: Damn fees! on: December 27, 2017, 10:39:54 PM
Well said OP and you make a very good point.

The miners are taking the piss and recommending BTC to friends and family is going
to cost people lots of Friends so tell them the boat has left the port and to buy into
Segwit B2X because the risk is a lot less. 
1225  Bitcoin / Bitcoin Discussion / Re: is the best way to simply make a ton of money , FORK IT on: December 27, 2017, 10:35:57 PM
Too make lots of money you get people to buy BTC with transactions fees at
$0.10 and lower, talk about "Virtual free fees" and then pump the price up
100,000% and keep going so people become locked in.

Yes "FOTK IT" and i hope Segwit does very well myself because BTC won't scale
and needs a radical redesign so maybe this new team will sort some of the mess
out.
1226  Bitcoin / Bitcoin Discussion / Re: PATENTS on: December 27, 2017, 10:31:00 PM
SERIOUSLY? CRYPTOGRAPHY PATENTS? HOW DOES MATH BECOME PATENTABLE?

Because bankers own corporations and both pay bribes to out MPs and pen pushers
at local government levels.

Yes it's a joke
1227  Bitcoin / Bitcoin Discussion / Re: Gdax free send BTC 45 mins and counting on: December 27, 2017, 10:23:34 PM
Coinbase owns GDAX and said they would give me $10 worth of free BTC if i signed up as a new member
and spent over $100 with them. I AM STILL WAITING and trying to talk to them via email is a total waste
of time.

Good luck, you will need it
1228  Bitcoin / Bitcoin Discussion / Re: Most peoples who bash on bitcoin are just mad on: December 27, 2017, 10:18:14 PM
points 1 and 2 are very interesting. I can not buy bitcoin today, because I do not have the capital, but today I am collecting to buy half BTC.
and I have never been jealous of those who have been successful. this is the destiny of god, and I am sure that I can be like them, nothing is too late in my life dictionary.

oh dear i told people that the slot machines punters were turning it into a religion, ETH = 666 right boys and high
fees is to punish anyone who does not throw all they have got into it.

1229  Bitcoin / Bitcoin Discussion / Re: Most peoples who bash on bitcoin are just mad on: December 27, 2017, 10:14:47 PM
Slow speeds, massive fees and to mention this it makes your mad does it

Yeah sure mate, back away slowly, run, call men in white coats to come and take him away

1230  Bitcoin / Bitcoin Discussion / Re: Have You Been Scammed? on: December 27, 2017, 10:11:45 PM
Yes scammed by Coinbase who said they would give me $10 worth of free BTC if i spent over $100
as a new member and will not give them to me now. You really do not want to trust them with large
amount if they steel $10 from you
1231  Bitcoin / Bitcoin Discussion / Re: Lighting network on: December 27, 2017, 10:09:02 PM

There are no direct implications on the security of Bitcoin itself, but when you use Lightning, it will be a different trust model than the one we're currently accustomed to.  The person you open the payment channel with can choose to close it at any time, including a time that may be inconvenient to you.  Whichever balance is recorded at that time is the one that will be saved to the blockchain, which again, may not be what you wanted.  So there are possible attack vectors where unscrupulous actors can walk away with your money if you aren't paying attention.  Generally, though, as long as you only deal with reputable companies and people you know and trust, this shouldn't be an issue.  Plus, because Lightning is generally aimed at improving microtransactions, there hopefully won't be any large sums at risk.  If it's a large sum of money, just put it straight on the blockchain as you currently do now.

So you mean centralized using hubs and that's what we should had done from the start instead of all this Pow Bull crap
that wastes CPU power and put the miners into a CPU war when mining but now they made the hubs like bankers
loaning coins out, gone from bad to worse really.

This is the main reason BTC and the clones will not scale and it was obvious from the start and now we are
being scammed on mining fees. Central coordinators does not mean you have to give up you virginity you know   
1232  Bitcoin / Bitcoin Discussion / Re: Lighting network on: December 27, 2017, 10:02:10 PM
All you need to know https://www.youtube.com/watch?v=UYHFrf5ci_g
Easy to understand
1233  Bitcoin / Bitcoin Discussion / Re: Do girls use Bitcoin on webcam sites ? on: December 27, 2017, 05:10:54 PM
Hello, I'm a camgirl, ad I have to say that I see no issue with this. Bitcoin is becoming more and more widespread, and I feel that not actually allowing it as currency on our sites would be a disadvantage and could potentially leave us behind. As it is, my colleagues and I actually made a site specific for this,  http://www.bitcoingirls.live/.

Very good job, top job but surly transaction fees in BTC would kill it for you so best use ETH or Segwit2x B2X instead
me thinks.

This advise was free so any chance of a free sample for a sex starved married man please Cheesy
1234  Bitcoin / Bitcoin Discussion / Re: Do girls use Bitcoin on webcam sites ? on: December 27, 2017, 05:04:32 PM
"Do girls use Bitcoin on webcam sites "

What you mean to provide sexual pleasure in return for payments in BTC like ?

You dirty old man  Grin

So it would go like this

G: Yes, yes honey I can feel it
M: me too but can you do XYZ for me
G: Sure just send $5.00 to this BTC address and wait 3 hours for it to arrive.
M: But $5 plus $40 in transactions fees, well it cheaper to get a real hooker and watch it live.
G: True but would she love you like I do

Shit if my misses was a few years younger then I would be a rich man you know!

 

1235  Bitcoin / Bitcoin Discussion / Re: Hardware Wallets Difficult to Use on: December 27, 2017, 04:51:22 PM
Many of these hardware wallets have been going up in price and you get locked in with server-side API's
so that's not really decentralized.

I use Jaxx and i know it has a security flaw and that's why i keep on it's own MicroSD card
that I swap in my Android phone when i use it and I would change to another software wallet
but i just like how easy it is to use and it supports about 50 other alt-coins too.

Anyone with more than $20,000 in coins should be using hardware wallets and anything
is safer than trusting brokers and agents like Coinbase in my book so it's worth the effort 



1236  Bitcoin / Bitcoin Discussion / Re: Is there any way to destroy the bitcoin? on: December 27, 2017, 04:35:28 PM
Bitcoin needs huge changes because of its centralization, high fees and awards for miners... I see the future of BTC in the new fork - Segwit2X.
More info here: https://b2x-segwit.io/

Your comments are not falling on deaf ears and i might even build some public HTTP APi's to help Segwit to
get a leg up. Lets take the block-chain back from mafia control that has half the posters here convinced that
high transactions fees is the way to go as a bug fix for a badly written system.
1237  Bitcoin / Bitcoin Discussion / Re: Is there any way to destroy the bitcoin? on: December 27, 2017, 04:28:41 PM
i think people who make bitcoin as payment for illegal transaction will harm bitcoin. another thing is when you make a scam with the use of bitcoin they will  not trust bitcoin anymore and government is the other one who can destroy bitcoin when they ban it in their country.

We don't need an outside team of scammers to bring BTC down and all you have to look at is the transactions fees at the beginning
of the year being $0.07 and now they are like $40 but was Annon to turn on BTC then they would lock the system up and crash the price
in no time.

Some members of Annon are saying BTC has been taken over already and they back-up the argument with some very
compelling arguments but here is one that's not Annon if you think all is happy in crypto world.
https://www.youtube.com/watch?v=UYHFrf5ci_g

1238  Bitcoin / Bitcoin Discussion / Re: Buying BTC in before of the hardfork on: December 27, 2017, 04:08:34 PM
it depends on the exchange, whether it supports the hard fork or not.

Well Coinbase & Co will see customers moving elsewhere if they will not list a coins that is popular
as they try to kill segwit off in an effort to avoid having to share the bonus payment with clients who
have a BTC wallet with them and this is why we get so much propaganda about this fork

BTC miners with insane fees will crash the market and send the price down so this new fork tomorrow
is what you call a self inflicted wound if you ask me.

I will not be hold to ransom by these miners and mining is not my thing but even I will run a full
node for segwit if i can on just a I7 laptop so the BTC miners get payback for ripping me off.

Don't push me, I push back!

 
1239  Bitcoin / Bitcoin Discussion / Re: Morgan Stanley Bitcoin Prediction on: December 27, 2017, 03:57:47 PM
Come on people it's gambling and is just like Tulip mania but that does not mean it's about to crash
but logic says it will sooner or later.

Micro-transactions won't work with BTC and Lighting network is nothing more than a sticking plaster
that won't hold and will create more trouble than it solves.

Another gravy train is heading our way but it will take 3-5 years to arrive so keep some powder dry
read for that one and don't let greed get the better of you in the mean time.

1240  Bitcoin / Bitcoin Discussion / Re: what do you think Bitcoin Mining Profitable in 2018? on: December 27, 2017, 03:45:23 PM
Digging bitcoin is not too complicated, you just have the basic knowledge about cryptocurrency and most importantly you need to have big capital. The digging of bitcoins is getting harder because of the increasing number of diggers. The profit from it is not very high

Yes CPU wars and us programmers in the past could deliver systems without it and 20,000 miners
are doing the productive work of what ten home PC's could do !

I know this because i once wrote a honey-pot proxy server and during peeks it was serving up
a whopping million requests an hour for advert-click-bots with pre-cached HTTP responses and
most of them didn't know it.

HTTP requests would be about 400 bytes long and not 250 bytes as used in block-chain so take
it from a pro that the king has got no clothes on

They can scream about centralization in academia but today we have ten big mining pools doing
90% of all transactions and you wonder why we now have a monopoly ripping us off on fees.
See https://blockchain.info/pools if you would like to question these numbers   
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