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 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
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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
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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.
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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.
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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.
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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
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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
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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.
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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
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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
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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
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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
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"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 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!
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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
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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.
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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
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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!
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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.
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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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