Bitcoin Forum
July 01, 2024, 05:28:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 [659] 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 ... 1160 »
13161  Bitcoin / Bitcoin Discussion / Re: Good News Entrepreneurs: Plattsburgh Finally Lifts its Ban on Crypto Mining on: March 02, 2019, 03:43:20 AM
~
So let's see if this will bring a influx on miners on that city, do you think miners will take advantage of this situation and go full mining on that city again?

both these articles seem more like nonsense to me, as i said back in the time of the first one the cost of mining in that city is still high enough to not-incentivize people to want to go near mining. and if someone wanted to do it, they would have done it. it is not like you could find out if some citizen is hobby-mining at home with his GPU or one ASIC.
13162  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ASK- Which tokens to buy if you are a beginner/noobies/baby/beansprout? on: March 02, 2019, 03:28:28 AM
you can buy the coin with already popular brand and available on most exchanges such as bitcoin or ethereum. Avoid small cap coins on small exchanges because the risk of pump and dump.

that is a common mistake most people make about altcoins! being popular "brand" and being on top of the lists doesn't make the coin good or even profitable. there are lots of much better coins that aren't that popular. in fact popularity of an altcoin mostly means it is a bigger pump and dump.
as for market cap, it is so arbitrary that it is meaningless. the first thing that having a high market capitalization shows is that the said altcoin has a huge circulating supply with a big percentage of premine. take the biggest altcoins ETH and XRP, both of them have huge  supplies and both have huge premines (70% and 100%) and big part of those coins are in control of their centralized power.
13163  Economy / Speculation / Re: I expect the market to be in green throughout this month. on: March 01, 2019, 06:13:47 AM
Yes. As per the prediction, we could see a positive growth last month. Even though, everyone expects to have a bull run, there was a healthy growth not disappointing traders, investors and everyone. March is about to begin. Hope to have a steady growth moving forward. Lets hope that the other altcoins value do grow up and have more legit ICOs come up gaining profits.

there has never been any legit ICOs and there never will be any because nobody legitimate is going to raise funds like that for some arbitrary project that depends on another platform to operate with some arbitrary and useless token that doesn't even have to exist! so it only attracts scammers and those who want to make quick bucks with a "gamble".
13164  Other / Beginners & Help / Re: What are the chances of bitmain controlling more than 51%? on: March 01, 2019, 06:00:56 AM
The cost to maintain a 51% attack, would also outweigh it's double spending advantages, before they get caught doing this. This will also ruin their reputation. <not that they are worried about trivial things like that>  Tongue

not to mention, illegal. it may not look like it but performing a double spend is a clear act of fraud specially when it is on such a big scale which would be in millions of dollars and because of that it is going to have a lot of legal consequences for the person performing it.
13165  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ASK- Which tokens to buy if you are a beginner/noobies/baby/beansprout? on: March 01, 2019, 05:54:23 AM
none of them.

in order to become successful in a market you must first be able to make this seemingly simple decision on your own instead of asking others. so if you can't decide which token to buy (or even if you should bother with "tokens") then it is not a good idea for you to enter the market.
13166  Bitcoin / Electrum / Re: White-hat message when sending transactions with older versions on: March 01, 2019, 05:45:08 AM
Quote
I assumed Segwit was backwards compatible so using old versions should still work?
Technically it is backwards compatible at the raw Bitcoin protocol level...

However, with Electrum, you have extra layers on top... So, it's more that the older versions of Electrum don't quite know how to handle the "unexpected" data, and can end up in an endless synchronising loop. I believe that when you export an unsigned transaction in Electrum, it includes all the necessary transaction data for the offline system to be able to sign it... so if your exported, unsigned transaction includes SegWit outputs, the older offline version may not know how to handle that and fail to sign the transaction.

the meaning of "backward compatibility" when it comes to SegWit is a bit complicated.it is technically backward compatible, the thing is the way it can become backward compatible in full nodes is that the "new" nodes "translate" segwit transactions into old types so that the "old" nodes understand it. it is basically stripping off the witness part. so in order to make it with with Electrum they had to also upgrade the backend servers to send this "translated" version to Electrum wallets but they never did that for some reason so old versions still receive the full transaction with the witness part and everything so they get stuck.

as for the signing offline, it has nothing to do with SegWit. it is about the format of the scriptsig in raw unsigned transactions that they changed. previously you put something different (only the address hash with a script starting with 0xff) and now you include something very different (your master public key with the path to the key that needs to sign it). so the old versions can not parse this scriptsig and reject it for that.
13167  Economy / Exchanges / Re: Do not use Coinbase on: March 01, 2019, 05:27:50 AM
Coinbase is the new form of banks of the future and obviously like any bank it is also corrupted. but similar to banks we use them because they offer services that people need and want to use. in the end everyone has to realize what they are getting into. i wouldn't say "not to use" coinbase, just don't have any illusions about what you are using.
13168  Bitcoin / Bitcoin Discussion / Re: Bitcoin SEC approval 27.2.2019 - any news? on: March 01, 2019, 05:17:56 AM
The SEC's acceptance or rejection will not have a significant impact on the market

think deeper

the companies applying for SEC acceptance wont cause market changes, as these companies would have already bought their 'baskets' of coins months/years ago. they have to for audit/liquidity reasons of just bing able to apply
but...
once the first ETF gets accepted. it then becomes the precedent/prototype. and then many other new companies will have a template to follow to get easy quick acceptance because they know the first one got accepted for the same thing

thus new companies not yet filing will grab coins, use the first mover as the template and bam its the second movers that will cause a market shift.
this is why many companies are waiting for news of a first mover before doing anything. as its way cheaper to get others to do the hard work, and then just copy the success

its much like an olden times armies. a general sends its first line troops onto a mine field.. stands back and waits for the path to clear, and then follows footprint for footprint only the tracks of the guy that made it to the other side

interesting point.
what you said is more like the long term effects of these things on the price but you are also forgetting about the "hype" of these things in the market. the rejection part had some effects the first couple of times as it created some panic and now it is over since they have rejected/postponed hundreds of times. the acceptance however is going to be new and it can cause a hyped up situation where price shoots up temporarily and at this stage in the market that kind of shoot up can act as a catalyst that starts the rallies sooner.
13169  Other / Beginners & Help / Re: What are the chances of bitmain controlling more than 51%? on: February 28, 2019, 04:23:27 AM
They own ant pool and dpool

they own "pools" not hashrate. they have "access" to a lot of hashrate which can possibly be more than 51% but they don't own it. this means they have to act maliciously while convincing the miners to stay on their pool which is not going to happen. miners don't want to see their investment threatened and they will switch to another pool similar to 2014-15 case with GHASH.io which had about 60% of the hashrate on their pool and miners switched because they feared the possible consequences.
13170  Bitcoin / Wallet software / Re: Do you recommend a mobile wallet alternative for Coinomi wallet? on: February 28, 2019, 04:11:07 AM
AFAIK they only did that (send your seed over to Google's spell check) in their Desktop wallet. The Android version wasn't affected.

Now, if you should trust them in the first place, that's something else.
So only Desktop wallet is affected with Google's spell check? Not Android? I thought that also the Android wallet is affected by this.

Anyway, I still looking for alternative wallet to temporary save my coins until we heard a good news about the trending Coinomi issue.

well it is a closed source wallet with some source code on github which they don't even update unlike their wallet so for all you know they might do a lot of shady things without you knowing it. so it doesn't really matter whether it is only their desktop wallet or android wallet. you shouldn't be using it in first place.
13171  Bitcoin / Bitcoin Discussion / Re: Steve Wozniak former Apple ceo is asked about his view on bitcoin on: February 28, 2019, 04:04:19 AM
This can probably explain why people like Dimon seem so irate when asked about it. They could be talking about it a lot more behind the scenes lol.

haha, Dimon loves to be asked about bitcoin. in fact i wouldn't be surprised even if he requested to be asked about bitcoin behind the scenes! they have made millions of dollars from things he has said so far, starting from the most obvious one during 2017 where he called bitcoin "fraud" and in that crash they bought a large amount of bitcoin. and now they have also created their own centralized shitcoin which they advertise, using bitcoin as an excuse.
13172  Bitcoin / Wallet software / Re: Coinomi wallet sends your plain text seed phrase to Google on: February 28, 2019, 03:51:14 AM
FYI, Coinomi made official response regarding this matter at https://medium.com/coinomi/official-statement-on-spell-check-findings-547ca348676b. It doesn't like official statement, especially on this part

Quote
The spell-check requests that were sent over to Google API were not processed, cached or stored and the requests themselves returned an error (code: 400) as they were flagged as “Bad Request”¹ and weren’t processed further by Google²

They act like they know how Google API works or simply assume Google API discard all bad request even though only Google engineer who knows Google API's behavior. While i doubt it's the reason Warith's coins is stolen, it clearly shows that they're not being professional or try to blame Warith instead.

Glad i stopped using Coinomi after they decide made their wallet closed-source.

it doesn't matter what Google API does or doesn't do, they shouldn't have done it in first place!
"spell-check" is pure bullshit, why don't other wallets do it? that doesn't even make sense to do something like that. imagine your Electrum wallet sending your seed to some server to be "checked" Cheesy
13173  Bitcoin / Project Development / Re: Portfolio apps on: February 28, 2019, 03:29:33 AM
Have the option to follow others portfolios. Even if they are fake portfolio. I think it would be interesting to be able to follow the action that some people do in the trade. Maybe even pay to follow someone who gave tips and explain why he took certain actions.

Show some options that you have taken as a trader. For example, what is your stop loss, your leverage in Bitmex, your liquidation price etc. I think the most important in a portfolio app is that you can have all the necessary information about your investment anywhere. It is risky, for example, to access your account at an exchange when you are on the street, on a bus.

Unlike the other services out there, this application is meant to be open source and privacy-friendly, I'm not planning to store any info about users on external servers and without that, your suggestion cannot be done.

technically it is possible to do it without making it centralized or have a server that stores user's data. it can be done perfectly fine in a decentralized way. i don't know what the point of it would be because i never use a "portfolio app" and think it is a bad idea to even have a portfolio in altcoins but i say it is possible.

each app can have a functionality similar to a peer on a p2p network. people can have the option to share their settings with others by giving them their "node" address. it would simply be a socket that listens on an open port and communicates with anybody who "contacts it". you can write a simple messaging protocol (similar to bitcoin's for example) and on request it sends out the portfolio of the user to the asking node. then any update can also be pushed to the connected nodes.

obviously there is little privacy in this design but someone who is willing to share his portfolio is already giving up his privacy!
13174  Bitcoin / Bitcoin Discussion / Re: PayPal fears Bitcoin :) PayPal CEO Dan Schulman Disses BTC & Praises Blockchain on: February 28, 2019, 03:10:20 AM
every time i hear another FUD story by some big company, or bank,... i become more confident in bitcoin  because that only proves that bitcoin has been growing strongly to the point that it has successfully struck fear in the hearts of those that it can easily replace. and PayPal with all its flaws and the fraud that it enables is going to be the first thing that bitcoin is already replacing so it is understandable for their CEO to be afraid like this.
13175  Bitcoin / Bitcoin Discussion / Re: when they say crypto's are "banned" in other countries outside USA what's that? on: February 28, 2019, 03:03:56 AM
when they say crypto's are "banned" in other countries outside USA what's that?
99% of the times it is called spreading FUD (fear uncertainty and doubt). because it usually is a lie.

Quote
When they say countries banned these bitcoins, what happens when you log into Binance or Coinbase from the banned countrY?
it depends on whether they have actually banned bitcoin or was it a lie and also what kind of "ban".
there are a lot of different cases. when it is a lie (FUD) then nothing happens.
when it is banks banning their users from using exchanges (like India) nothing happens, you can still continue using exchanges but you won't be able to transfer fiat with those banks, so you have to change banks.
in rare cases (like 2 or 3 countries) that the government has actually banned usage of bitcoin, going to exchanges and trading with bitcoin can have consequences depending on the laws of that particular country which you need to research case by case.

Quote
No access somehow?  Why not use a VPN and access exchanges that way?Huh  or TOR browsers
that could work as long as those exchanges don't ask for any KYC stuff you can freely use VPN or TOR and connect and enjoy using them.
13176  Bitcoin / Bitcoin Discussion / Re: BITCOIN Genesis Keys on: February 28, 2019, 02:33:36 AM
the thing you are referring to here is probably about the lies that some people tell without proof and it is referring to the fact that the very least thing that anybody who claims to be Satoshi must do is to provide cryptographic proof that he owns the key to address(es) that is clearly associated with Satoshi Nakamoto. and without that anything they say should be disregarded and they should be considered fraudulent.

and by the way nobody can "spend" the coins created in Genesis Block because it is enforced by the protocol so even having the key to that address won't work.

The genesis keys control almost everything. Of course he can get cashed up if he has the keys!!!

"everything"?! what do you think that "key is"? it is just a private key and in case of bitcoin and the way consensus rules work the network will always reject any coin that is spent by that key. in other words the 50BTC block reward that went to this address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa is unspendable.
13177  Economy / Service Discussion / Re: Binance "DEX" review on: February 27, 2019, 05:32:19 AM
i find it very dishonest that this has always been advertised as "decentralized" exchange while it clearly is not. additionally one of the main attributed of a decentralized exchange should be its open source nature where people can review the code and even compile it from the source code on their own. i can't find anything on GitHub so far: https://github.com/binance-exchange and that is bad.

another issue is that they are using their own token (BNB) a lot which is not good since it gets pumped and dumped a lot and is nowhere near stable!
and finally using it inside a browser may not be the best choice, i prefer compiling an actual app and stay away from javascript as much as possible Tongue
13178  Economy / Speculation / Re: Bitcoin Price Plunge to $3,700 Expected, Say Traders on: February 27, 2019, 05:18:51 AM
Its reset from above 4000 but I wasnt ready to call it negative just because of that so long as it can regain the 8 day average.   So far its flopping on that achievement so far, maybe tommorow but Im not rating it bullish till it gets above the blue line here -



Its pretty neutral till it loses previous high about 3675 or so and thats roughly the 50 dma so good area for watching
It is truth and I agree that the current area is actually a  strong area to watch!  If the resistance around $3700 hold then we should expect bitcoin to resume it upwards trend but if it is broken then bitcoin may fall below $3000 this time around.  It is advisable that we should watch carefully and analytically before investing because there is a bit uncertainty around the current market conditions.

from $3700 down to $3000 is a lot of different values that each have a very strong support line. starting with $3500 and then $3200 which is the actual strong bottom so falling below $3700 is meaningless and it won't have any further implications, let alone showing a fall "below $3k"!!!

as for the rise, it will happen but before that we will see $4100 tested a couple of times and fail before a sudden breakout happens where price shoots up to near $5k and possibly even higher.
13179  Other / Off-topic / Re: [Guide] Virustotal scan guideline to detect viruses, trojans, malwares, worms on: February 27, 2019, 05:09:12 AM
Checking a file directly from URL always results in "clean" results every time I tried.
However, after downloading the same file and using the "File" tab, some heuristics (especially, aggressive ones) may show positive results.

Thus, using the "URL" tab to download links directly may not be reliable, only for detecting if the website has bad/malicious scripts.

it actually is 100% reliable but you have to understand what the result it gives you means. when you check the following: www.somewebsitelink.com/somefile.exe the site does NOT download the .exe, instead it checks that URL that you just gave it and sees if the webpage hosting this file has any viruses.

in fact this is one of the weaknesses of Virustotal in my opinion, it has no option to download and check files on its own. you have to download them yourself on your computer then upload that file to their servers and then have it checked!
13180  Bitcoin / Bitcoin Discussion / Re: Binance CEO Paints a Rosy Picture on: February 27, 2019, 04:49:03 AM
the "crypto space" which consists of thousands of altcoins has been in a very bad place starting from mid 2017 but people were blind to it because these shitcoins and ICO tokens were getting pumped and they could make profit from those pumps. the same people are now complaining why the whole market is down. that is why! they damaged the whole system even bitcoin's market by creating a massive altcoin bubble that still continues bursting and pulls everything down.
Pages: « 1 ... 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 [659] 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 ... 1160 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!