Bitcoin Forum
May 26, 2024, 01:25:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 58 59 60 61 62 63 64 [65] 66 67 68 69 70 71 72 73 74 75 76 77 78 79 »
1281  Bitcoin / Bitcoin Discussion / Re: Proposal to add Bitcoin symbol to Unicode on: September 04, 2015, 09:02:28 PM
Good work indeed. I fully support your effort of introducing the BTC symbol as a true Unicode standard instead of trying to adapt a existing symbol in its stead.

Unfortunately, I do not represent a large corporation or other influential interest to help with your proposals endorsement, but I can only offer you my encouragement.
1282  Bitcoin / Bitcoin Discussion / Re: What happened to the guy that got permanent brain damage from mining a few years on: September 04, 2015, 08:49:46 PM
Sad story, but I do believe he was a bit hasty in abandoning mining Bitcoins.

Quote
And after all this, I am no longer going to do any bitcoin mining. I will probably sell my mining rigs, or maybe find some other purpose for them. But they definitely won’t be on at full load 24/7 like I used to have them, even though I have a good AC unit in my room.

There were many other options available, he could have moved the machines to a different room, or even in a garage if one were available. With proper airflow, video cards can survive much higher ambient temperatures than is safe for humans over long duration's. He could have even left just his computer with one video card going in his room, but just to quit completely seems a bit extreme.

Maybe it is like when you eat something and later you get sick. Even if your sickness was not directly related, say you had the flu coming on to begin with, the food still triggers that associate later on and you will tend to avoid it in the future.
1283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE on: September 03, 2015, 11:12:29 PM
News paper from John-Connor

Node Incentives: An autonomous decentralised incentive and donation system.


Announcement (please share): https://twitter.com/john_a_connor/status/639440252088786944



Can someone copy/paste the pdf text into a post? 

Not implying there is anything with it that is bad, but not everyone may be comfortable opening random pdf's.
1284  Other / Off-topic / Re: if you entered your wallet and you found 50BTC what you will do ? on: September 03, 2015, 04:03:45 PM
I just thought that I if this ever happened to me I might post it here since this is the only place where my BTC address is posted
There's a very small chance to receive wrong sent coins to your address considering the number of combinations available for a BTC address

But theres also a very small chance you win on the lottery, and people do win ;P

Sadly, that too is no longer the case.... http://money.cnn.com/2015/08/31/news/illinois-lottery/
1285  Economy / Service Discussion / Re: Search Your Way to Millions? Using Bitcoin to Reinvent the Search Engine on: September 03, 2015, 03:04:23 PM
Unless they are not holding their funds on one wallet , then this is a total scam : http://bitcoinrichlist.com/top100?page=107
according to their website they have 112.4 BTC and on that list there is only three wallets with that amount and those wallets last transactions was one year or two years ago .

Actually, on the site it shows a total of 112.4 BTC, but it is in two pools; Community pool 56.2 BTC and Search Trade 56.2 BTC.

Perhaps they break it down even further internally, but you could start searching for wallets with those amounts.
1286  Bitcoin / Bitcoin Discussion / Re: AT&T has effectively banned Bitcoin nodes by closing port 8333 via a hidden fire on: September 02, 2015, 01:26:47 AM
It could be a simple case of something needing to be blocked specifically for the DVR and not a big conspiracy as it is being made out to be.

It would need to be a criminal act to be appropriately labelled as a conspiracy. A company like AT&T would be unlikely to put themselves in that position.

It doesn't always have to be criminal to be labeled a conspiracy:

Quote
    Conspiracy (civil), an agreement between persons to deceive, mislead, or defraud others of their legal rights or to gain an unfair advantage
    Conspiracy (criminal), an agreement between persons to break the law in the future, in some cases having committed an act to further that agreement
    Conspiracy (political), an agreement between persons with the goal of gaining political power or meeting a political objective
Source: https://en.wikipedia.org/wiki/Conspiracy

In any event, the point still stands that it could be something unrelated to AT&T specifically trying to prevent users from running a Bitcoin node.
1287  Bitcoin / Bitcoin Discussion / Re: We could build a democracy out of bitcoin, here's how on: September 02, 2015, 01:04:00 AM
Meritocracy, oligarchy, I'm very familiar with those terms.

My proposal would be quite meritocratic, assuming those who own the most BTC have more merit. It would also be much more democratic than the present situation, since actually there are very, very few people deciding about the block size issue we're facing: miners. Nobody else but miners. Miners choose to adopt XT or not. My proposal would enlarge the number of voters to anyone owning BTC.

You might as well stick with the financial system we already have then and not even worry about BTC, as the current system is run by the people who control the most $$. If your ideal system is already in existence, why are you looking elsewhere? After all, you originally said:
Quote
I believe the more BTC you own, the best choice you will make to protect your investment.
, just substitute $$ for BTC and you already have the perfect system according to your vision.
1288  Bitcoin / Bitcoin Discussion / Re: AT&T has effectively banned Bitcoin nodes by closing port 8333 via a hidden fire on: September 02, 2015, 12:40:57 AM
I wonder if the author tried to route his cable modem in front of, or at least in parallel to, the DVR box? I do not use AT&T, but my main cable line feeds a splitter, with one leg going to my cable modem and the other leg continuing on to all the other TV related devices. It could be a simple case of something needing to be blocked specifically for the DVR and not a big conspiracy as it is being made out to be.
1289  Bitcoin / Bitcoin Discussion / Re: Will the Developers support main-chain scaling as a guiding principle? on: September 02, 2015, 12:28:31 AM
Did you just quit reading at the part you quoted above?

They also went on to say:
Quote
There will be controversy from time to time, but Bitcoin is a security-critical system with billions of dollars of users’ assets that a mistake could compromise. To mitigate potential existential risks, it behooves us all to take the time to evaluate proposals that have been put forward and agree on the best solutions via the consensus-building process.

In the upcoming months, two open workshops will bring the community together to explore these issues. The first Scaling Bitcoin workshop will be in Montreal on September 12-13. The second workshop is planned for December 6-7 and will be hosted in Hong Kong to be more inclusive of Bitcoin’s global user base.

We ask the community to not prejudge and instead work collaboratively to reach the best outcome through the existing process and the supporting workshops. It’s great to already see broad excitement for the event and the high concentration of technical participants attending.

We’re confident that by working together we can agree on the best course of action. We believe this is the way forward and reinforces the existing review process that has served the Bitcoin development community (and Bitcoin in general) well to date.

We welcome your participation as we continue our efforts to bring Bitcoin into the future.

Notice the part about "The first Scaling Bitcoin workshop will be in Montreal on September 12-13."

To me it sounds like the workshop would be the perfect place to discuss the concerns you have, so I am not sure where this "obvious omission" you state comes from.
1290  Other / Beginners & Help / Re: Good websites to Invest My Bitcoins? on: September 01, 2015, 11:52:05 PM
You could invest your 0.1 BTC by depositing them on an exchange that allows you to lend them out, such as Poloniex. You won't get rich, but the current rates are ~0.1 - 0.2 % daily, which would work out to around 36.5-73% yearly. Of course this is simple interest and does not include compounding, so your actual return would be a bit higher.

I should also add that the rate can vary quite a bit over time, so while it is passive income in a sense, as you can set your offers to auto renewal, you would want to keep some eye on it as rates do change often. An recent example was with the Ethereum launch, interest rates were over 1% daily for awhile as speculators went long.

Bitfinex also allows lending, but except for USD their returns are somewhat lower than Poloniex.

https://poloniex.com

https://www.bitfinex.com/

You mean buy the swaps? I think its not wise, because swaps give the ability for traders to short-sell bitcoin, with leverage, which highly immoral and toxic for bitcoin.

The ability for somebody to be able to short sell bitcoin is the problem here, that might destroy bitcoin's price one day.

Flash crash... We dont have a central bank to pump up the price lol.

True, BTC doesn't have a central bank, but also you can't just print an unlimited amount of BTC out of thin air either.

I have provided BTC loans on Poloniex for a few months now and haven't had experienced any issues. I guess if your philosophy is against it than this isn't for you, but does come close to meeting your passive income with fairly minimal risk.
1291  Economy / Gambling discussion / Re: Older means wiser (gambling wise)? on: September 01, 2015, 11:37:23 PM
A bingo game takes more than an hour to play and can provide more fun at a lower cost than the same time spent on blackjacks or craps.
Older people can play bingo to occupy their free without losing too much money.

I don't know where you seen a bingo game take more than an hour, they mostly take just a few minutes each. I used to have to go with my grandmother a few years back and she would be running 8 boards simultaneously and they read the letter/numbers off so fast I am not sure how they kept up. I always hated when she would go to the bathroom and I would have to watch her boards, as it was a lot to scan when they would be calling off B14, N3... in rapid succession and people yelling bingo all the time.

I also think they charged $1 per board/per game, so over an evening they could have a few hundred dollars wagered in an evening easily. Of course, the payouts were pretty good too, with usually a few hundred people playing at once, and I believe a 80% payout. So a couple wins could put you ahead for the night.
1292  Bitcoin / Bitcoin Discussion / Re: Wrong time to invest in bitcoin with the confusion? on: September 01, 2015, 11:08:09 PM
...when we were hovering about $700-800, everybody begged for cheap coins, now when they are here, nobody wants them.
...

Yes this is a funny point and very true.
I wished for prices like today and now that it is here, its funny that some users are claiming to be getting out.

And they will be the same ones buying back in once it gets back above $500 as they don't want to be left out, lol. While the smart money who bought in sub $200 will already be up 200-300% by then.
1293  Economy / Exchanges / Re: who is the owner of poloniex ? on: September 01, 2015, 11:01:04 PM
According to http://whois.domaintools.com/poloniex.com  poloniex is owned by Tristan D'Agosta. I think that they are a safe exchange since they have obtained a bit license from state of New York.

Really? The last I heard they were not accepting New York customers because they didn't want to apply for the Bit License.

Quote
Poloniex Exchange @Poloniex Aug 1

In accordance w/ NY's Bitlicense, NY residents will no longer be able to trade on our platform starting on 8/8/15. Contact support for help.
https://twitter.com/poloniex

I too think they are safe and trade there myself, but let's stick to verifiable facts.
1294  Bitcoin / Bitcoin Discussion / Re: We could build a democracy out of bitcoin, here's how on: September 01, 2015, 10:54:34 PM
We have a governance problem right now with the block size issue. It's not easy getting a consensus, it might even be impossible, so I wonder if it could be possible to organize a vote. Here's how we could do it.

To participate, you'd need to own BTC, and have several wallets, but I guess all of us do.

I would move, say, 5 BTC, from one of my wallets to another of my wallets, on a given day. The trick would be to embed in that transaction some code (which would have to be agreed upon beforehand), which would mean "I support XT" or "I support BIP 100". The transaction would be in the blockchain, and at the end of the day, some bot would calculate how many BTC have been moved with "I support XT" or "I support BIP 100".

I understand this system would give more voting rights to those who own the most BTC, but that doesn't worry me because I believe the more BTC you own, the best choice you will make to protect your investment. But we would need a system to prevent voters voting several times. I suggest that to have their votes validated, there should be no other transactions from the receiving wallet on voting day.

Now, since I'm not much of a techie, is that possible? And is it a good idea?

You should look up the definition of Oligarchy https://en.wikipedia.org/wiki/Oligarchy which is a far cry from Democracy.

I bolded your statement above that is almost the definition of an Oligarchy, so not sure where your idea of Democracy fit into this theory.
1295  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE on: September 01, 2015, 10:13:19 PM
Or probably these are big holders/miners selling little by little as soon as any substantial support appears. They don't want the price to fall too fast because they want to sell their coins at maximum price possible.

I think it would be insane for any pumper to make a move now when so many people want to sell at 100-200K.

The ones who really want to sell will put many smaller sell orders and over week or two he could sell substantial amount without hurting the market.
This what you are saying is not what is happening here, definetly not... or sellers are realy stupid which I highly doubt.


It very well could be miners. Not everyone who mines holds the all the coins they mine long term.

If you are larger miner you may need to sell some amount on a regular basis to cover your expenses, mainly electrical costs. So even if you do mine and hold, you may need to sell 60-75% on a regular basis to offset mining costs.

I have a few miners going at my house 24/7 and they add approximately $200/mo to my electric bill. I will sell approximately 1 BTC's worth at current rates each month, usually trying to spread it out to hit higher prices, just to offset my electricity costs. I still end up with a decent amount to hold onto longer term, without having to risk as much.


Not impossible, and some miners really do just dump everything without much trading thought. But this is too stupid. Within a few minutes of a rise the dump comes, VNL looked like rising quite a bit but the setiment is cut down with an axe by these little instant dumps.

I should clarify, I do not think every sell is a miner, there is a bot on Polo at work all the time too. I just mean a good amount of fresh coins comes into existence each day that will amplify the selling pressure already in play. Once the block reward gets cut a few more times, these effects should lessen, but for now I believe it is multiple factors causing the mini dumps. One of which is of course miners looking to recoup some of their operating expenses.
1296  Bitcoin / Bitcoin Discussion / Re: Wrong time to invest in bitcoin with the confusion? on: September 01, 2015, 10:01:27 PM
IMO the best time to be buying is now. If you can buy in ~$200/BTC, even if it goes back up to $300 you would make 150% of your investment. If it goes to $400 you make 200% of your money, in probably less than 12 months. If it goes lower than $200 in the next month or two, buy even more.

If, however, you wait until BTC gets its legs again, and buy in at say $300, it would need to rise to $450 to make 150% and $600 to double your money.

Of course, everything is a risk, but BTC has been around for awhile now and with all the money invested in it and surrounding tech and infrastructure, it is not going away anytime soon.
1297  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE on: September 01, 2015, 09:48:41 PM
Or probably these are big holders/miners selling little by little as soon as any substantial support appears. They don't want the price to fall too fast because they want to sell their coins at maximum price possible.

I think it would be insane for any pumper to make a move now when so many people want to sell at 100-200K.

The ones who really want to sell will put many smaller sell orders and over week or two he could sell substantial amount without hurting the market.
This what you are saying is not what is happening here, definetly not... or sellers are realy stupid which I highly doubt.


It very well could be miners. Not everyone who mines holds the all the coins they mine long term.

If you are larger miner you may need to sell some amount on a regular basis to cover your expenses, mainly electrical costs. So even if you do mine and hold, you may need to sell 60-75% on a regular basis to offset mining costs.

I have a few miners going at my house 24/7 and they add approximately $200/mo to my electric bill. I will sell approximately 1 BTC's worth at current rates each month, usually trying to spread it out to hit higher prices, just to offset my electricity costs. I still end up with a decent amount to hold onto longer term, without having to risk as much.
1298  Bitcoin / Bitcoin Discussion / Re: Gartner Report: Cryptocurrencies are Still Over-Hyped! on: September 01, 2015, 06:20:15 PM

Dream of $10.000 worth bitcoin is alive and kicking in our community, do you honestly think 1 BTC will reach that much?


Not if the community stays the same size. It's overhyped by the people who are plugged into it. The rest of the world doesn't give a shit.

If you look closely at the graph you can see Cryptocurrency Exchange is just about at the bottom of the Trough of Disillusionment, and I think that aspect is spot on. I think the price is finally started to get on par to it's value after the unrealistic pump to $1,200 in 2013. A slow but steady climb of maybe $100 per year would be a steady and sustainable increase in value.

As far as the placement of Cyrptocurrencies themselves on the chart, I think they have it a little high yet. I agree it is still coming off the Peak of Inflated Expectations heading toward the trough, but maybe further along than they portray.
1299  Bitcoin / Bitcoin Discussion / Re: Need advices and help about Bitcoin's world on: September 01, 2015, 01:54:18 AM

but. if you have a bit of money, you can buy bitcoin then buy an account to use for signature campaign. or you can sell your service at the marketplace section. hope this helps.

Yes it helps thank you friend. But how can i buy an account to use for signature campaign? is it permitted to ask this here in the forum ?

and otherwise, can i use my account for signature campaign ? or i have to wait ?

You can use your account for a signature campaign, but most of them will pay a higher rate depending upon your forum rank, so as a newbie you will get paid less. You will have to look at the requirements, as not all of them accept newbie accounts though, thus the recommendation to purchase an account. However, there are a few campaigns that accept newbies, such as the on I am currently using.

You can find signature campaigns in the Bitcoin Services sub forum: https://bitcointalk.org/index.php?board=52.0
1300  Other / Off-topic / AI robot that learns new words in real-time will keep humans in "people zoo" on: September 01, 2015, 12:23:27 AM
Check this out: http://glitch.news/2015-08-27-ai-robot-that-learns-new-words-in-real-time-tells-human-creators-it-will-keep-them-in-a-people-zoo.html

Pages: « 1 ... 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 58 59 60 61 62 63 64 [65] 66 67 68 69 70 71 72 73 74 75 76 77 78 79 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!