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June 08, 2024, 09:41:15 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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12901  Economy / Exchanges / Re: coinbase help please on: October 04, 2016, 11:36:17 AM
Is circle a good trusty app

Yes. It doesn't get much more legit than that. I've used them a few times and extremely painless it was. When I had one small issue support was really good.
12902  Other / Politics & Society / Re: Drug free in the Philippines on: October 04, 2016, 10:07:36 AM
I assume this is mainly a licence for people to murder each other without any particular reason and claim 'drugs'. Due process and stuff is rather boring and unsexy but it's kind of there for a reason.
12903  Bitcoin / Bitcoin Discussion / Re: You accidentally find Satoshi.....What would you do? on: October 04, 2016, 10:02:13 AM
I would shake him by the hand, start crying and then slide my tongue down his ear. I think he's the type of fella who'd need some human contact and drama.
12904  Bitcoin / Project Development / Re: Starting a Bitcoin and Crypto Exchange like Poloniex on: October 04, 2016, 09:58:49 AM
with 1k BTC you can buy poloniex  Wink

Hmm. Or they could continue growing and developing and sell for unicorn levels of money some day. If they manage to keep on top of it all their future is epic.
12905  Bitcoin / Press / Re: [2016-10-04] JPMorgan is Quietly Developing a Private Ethereum Blockchain on: October 04, 2016, 09:56:46 AM
It's going to be fascinating to see how the first properly operating private blockchain works. If it's ETH based then presumably there has to be some mining involved. Who is going to do it and if it's not monetised who's going to pay for it?
12906  Other / Politics & Society / Re: Transhumanism: Good, Bad or Natural Evolution? on: October 03, 2016, 07:17:44 PM
We won't know whether it's good or bad for generations, but it is evolution and it's inevitable. Is it natural? Anything an animal does is thought of as natural. We happen to be animals too.
12907  Economy / Economics / Re: Value-added tax on loans/interests? on: October 03, 2016, 07:10:29 PM
All the loans should have VAT inside. For example if there is a $100.000 loan and the VAT is 25% then the $20.000 is VAT. It is simple logic but i dont understand why is not happening.

What is logical about commerce grinding to a halt if VAT was imposed on loans? Would you do the same to mortgages?
12908  Bitcoin / Development & Technical Discussion / Re: How cryptocurrency can be killed & people money lost? on: October 03, 2016, 06:04:06 PM
I think someone would be certifiable to park money in any crypto for tens of years. That goes for Bitcoin, Ethereum and even more so for everything else. No one knows how this is going to pan out.

It's easy to forget that this entire scene is only 7 years old. Who knows what the future holds? And as others have pointed out abandonment is probably the most obvious risk. People seem to have this idea that the whole world is using crypto and it's too big to fail. It's the total opposite. It's teensy and fragile.

I'm sure most people here have some money in the game. They're also watching developments like a hawk and would run away at any sign of faltering. I for one would not go anywhere near ETH with a long term mindset. There can't be more than a few tens of thousands of people involved and they seem worryingly cavalier about how it's operated compared to BTC.
12909  Economy / Web Wallets / Re: Blockchain Invest Fund Scam or Legit?? on: October 03, 2016, 05:59:37 PM

Hey, that's a successful investment in anyone's book. Just not for the mindless sap who sent the coins.
12910  Bitcoin / Press / Re: [2016-10-03] Gemini to Open Bitcoin Exchange in Singapore and Hong Kong on: October 03, 2016, 05:29:02 PM

I'm also curious to see if the Winklevii ETF is going live anytime soon...


The auctions they've started running a certainly a pointer towards gearing up for that. That's the same way the GLD ETF sorts its prices. It's out their hands of course but they certainly don't appear to be letting up.
12911  Economy / Web Wallets / Re: Blockchain Invest Fund Scam or Legit?? on: October 03, 2016, 05:26:19 PM
Does this question even need to be asked? That's possibly the last thing the real blockchain.info would ever send to anyone. And for starters there is no Blockchain Exchange.
12912  Bitcoin / Development & Technical Discussion / Re: Bitcoin core software on smartphone on: October 03, 2016, 05:23:36 PM
This is my first time that there is a software for smart phone that you can install bitcoin core since the whole block chain is big..
And i think it can destroy our phone.

I've no idea whether such a thing exists, but you could easily fit it on a 128gb sd card. I've no idea whether a phone could cope with the indexing. You'd need one monster of a data package too. It seems overwhelmingly pointless to me.
12913  Economy / Trading Discussion / Re: Do exchanges manipulate order books, add fake transactions? on: October 03, 2016, 05:19:16 PM
TL;DR: They can do it but they have not enough reason.

I seem to remember someone ex OKcoin saying the exchange had its employees trading away with accounts provided for them. No idea whether that's just bitter lies of course.
12914  Bitcoin / Bitcoin Discussion / Re: 92 gigs? Wowwzers. on: October 03, 2016, 04:44:14 PM
The core developers should find a way to improve the blockchain pruning methods and also work together with 3rd parties to have a good implementation of off chain transactions. Off chain transactions will hit 2 birds with one stone. It will help scale Bitcoin and it will handle the load away from bloating the blockchain.

As ever it's the bandwidth and not the storage that's the problem. There's nothing developers can do about that. Pruning of some sort would help make it a more modest download in future but it's already far more than my connection could take without coming around and slapping me.
12915  Bitcoin / Development & Technical Discussion / Re: Bitcoin core software on smartphone on: October 03, 2016, 04:41:49 PM
Then this would surely be a good start since that android is made by linux core system then virus is really not possible well correct me if im wrong

Holy moly. Have you never checked the news? There's lots of nasty things out there looking to get at you. I think it does depend on how slack you are with what you download into it but it is very possible.
12916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2016, 12:33:04 PM
He's in the UK. He's still got time to move to Germany for a bit where he can sell his coins with no capital gains. He'd better get his skates on before Brits aren't allowed into Europe any more.
12917  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: October 02, 2016, 03:03:06 PM
Humongous variations in volume seem to be a recurring characteristic. It was 300 and something in the previous period on Poloniex. Mainly for the pleasure of dumping of course.
12918  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: September 29, 2016, 04:32:50 PM
It's a legit question. Hardly anyone bought at that price. An awful lot more probably paid more than it's worth now.
12919  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: September 29, 2016, 03:08:34 PM
Do anybody know the reason why the price is crashing hard? it seems strange to me , I already thought 900sat was the floor but it just keeps dropping

There was no reason for it to go so high in the first place. Just another Poloniex pump for kicks. When it's ready to deliver, it will.
12920  Other / Politics & Society / Re: Moscow - an enemy or a friend? on: September 29, 2016, 03:07:05 PM
I somehow don't think they have my best interests at heart so I won't be embracing them any time soon. Other than the desire to assert themselves for no particular reason I don't know what they want. The US isn't my friend either.
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