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The number of coins available on the exchanges has been decreasing for over a year now. Also, the few coins that are left are spread over more exchanges.
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My guess would be that it's a client application for a centralized exchange. But, the way he describes it, it's hard to know for sure.
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 This looks fake to me. The bitcoin graphic is a different size to the other graphics. |
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Bitcoins are produced at a predetermined rate. Once all the bitcoins have been mined the bitcoin network will continue to operate normally, except miners will profit from transaction fees only.
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registered means I noted down that value.
Ah, ok. While not impossible it is highly improbable that the block height of that transaction change by such a degree. A much more likely scenario is that the original number was erroneous. |
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Not sure what you mean by 'register the block height of a transaction', but the likelihood of a block being orphaned becomes exponentially more improbable the deeper it is in the chain.
I mean I was doing some calculation on the following transaction taking it as a reference. https://blockchain.info/rawtx/114f37f3e30c7d9b5d5339e9a1652f2f065d0413fe34ee1121de0f21a50aaed3As far as I can remember, the block height I registered for this transaction was 273824. But now it seems, its block height is 266559 !!! So, I am confused, if it is my mistake or block height can change with time !!! What do you mean when you say 'block height I registered'? You can not specify what height your transaction is in the block. It is up to the miner to include your transaction, or not. |
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Increased use will lead to higher transaction fees and slow the rate of adoption.
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Not sure what you mean by 'register the block height of a transaction', but the likelihood of a block being orphaned becomes exponentially more improbable the deeper it is in the chain.
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No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.
Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.
I am betting with all my idle cash.
Sorry, not possible. Sources have confirmed from China, that bitcoin will continue to crash around the world. I have some links somewhere, all in Chinese of course, but I can't be bothered to locate them right now. Point is, 2013 was bitcoin's last flash in the pan. It's all down hill from here. Also, India, and sources. Also, some other sources and such. You know the drill. I spoke to MT last night, he said your status as a contra-indicator is still intact. |
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There are no fixed rules about how an altcoin generates its first coins, it's implementation specific.
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I think they reduced it because too many people were getting force liquidated. In this situation they ran the risk of having to cover any excess on the liquidation.
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Prices at btcchina have risen above bitstamps for the first time since the bad news.
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No, difficulty is used to control the block production rate.
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I'm sure no banker ever said something along those lines.. but ok, if you say so..
What's the max ratio?
I belive currently the max is only two to one. |
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The number of dollars on the gox order book is @ ATH. This may explain the rise.
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I haven't looked deeply into Bitfinex..
Can all of these positions default?
What protections are there in place?
EDIT: this sounds like a mess waiting to happen...
Don't worry, Bitfinex only allows a small ratlio and so price would have to go a lot higher before people start getting liquidated. |
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