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Shocker. The central bankers who want to control you and tax you through inflating away the value of your fiat currency don't like bitcoin.
Kind of like ants don't like pest control companies.
What "issues" bitcoin is math and software. Fool.
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I am about to buy a fancy laptop primarily for the purpose of doing all my cryptocurrency stuff (but not mining).
Can anybody help me decide between Windows and Linux? My main question is do wallets/nodes tend to be developed on Linux first or Windows first? I want to know which platform Bitcoin clients, but also other cryptocurrency clients/wallets in general tend to get developed on first.
I am not an expert with command line (although I can use Linux in a basic way), so I refer mainly to GUI type wallets. I am interested in software for Bitcoin, Ethereum, Monero, Factom, Synereo, Dash, Maidsafe, Storj, NEM, Sia and Lisk. So Windows or Linux for these?
Much will also depend on the sums involved and your risk tolerance. If you are only going to have a few hundred or few thousand euros or dollars on there, it will be different than if you will have more. For larger sums, Linux is the clear winner due to security. Likewise, will this be a "connect to the internet once to get the software then never do it again since you have hundreds of thousands of euros or dollars on it" or "always connected" computer? |
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Success breeds success and confidence - people using it for diversification etc. Not to mention more use cases, particularly if segwit is ever activated.
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I have been saying it to basically everyone around me that Bitcoin will be one of the better investment options, but still people didn't want to take me serious. If you realize that at the moment the big boys (mostly institutions) will enter the market, even current prices will look like a joke. Main advantage is that all their money in Bitcoin is basically safe from any kind of threat coming from banks and governments. It's called pure freedom. I am sure they highly value this feature.
I met with a RIA (registered investment advisor) a month or so ago. After talking, I mentioned bitcoin. I got a "who talked you into buying that?" She was actually open to discussing it after I explained, I mined it quite a while ago. |
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Check your address in the block explorer (blockchain, blocktrail etc.) if the transaction is there if not the bitcoin is still on the receiver's address . If its confirmed there . Uninstall your armory and install it again after that import them again since you said you backed them up . Because if its already confirmed the problem lies on the walet, maybe its not synced . Did you install the compatible version for your pc?
I did just every time I try to run the program I get a data base error. Thats why I wanna try installing ubuntu tonight and running it on ubuntu. I tried armory on several computers all had the DB erorr. And my bitcoin core is synced. Does the armory provide private for your BTC address? Because if that is available, Maybe you should try to import your private on other BTC wallet like blockchain. I'm not very familiar with armory app. But I think it is almost the same on bitaddress.org which generates wallets. grim007 , if you are talking about blockchain.info (wasn't clear), OP, don't do it. Blockchain.info seems to have a ton of problems and is not recommended by many. |
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By the same 'logic" computers and the internet are fueling ransomware growth. Pre computers and pre internet there was no ransomware
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This seems completely non-technical uninformed rabble rousing and should probably be moved somewhere besides Dev & Tech.
Edit: they moved it.
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What account on what wallet? What web site or program are you referring to? I did not write down my private key.
The problem was that a transaction came through and it said that it was confirmed at first but later it turned to unconfirmed. So I repaired the wallet and left the money it. It was a problem I had a lot.
If someone did somehow get my password what else would they need in order to access my account?
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For me, the rebuttal of these "doomsday patent claims" (and other "we will be all dead" claims) is:
If Blockstream had a patent on Segwit and would use it aggressively, then people that are concerned about that simply could switch to a coin that has no patent protection. Blockstream's coin then would be debilitated.
That's also why I consider altcoins not only a backup for a "blockchain failure", but also for a "ecosystem failure", e.g. if the developers go into a direction that is contrary to the original conception of Bitcoin & cryptocurrencies (private, trustless, uncensorable ...).
Additionally, there are many countries were software patents cannot be enforced.
Following up on that, either people would (a) stop using SegWit or (b) implement something similar but unencumbered by a patent. There are always options and panic about their patents when they have been clear about their intentions and I believe executed legal documents stating the license terms does little to clarify things. (I recall reading that during the discussions about the asicboost patent on one of the linuxfoundation lists iirc.) |
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In 2013, when some of his friends earned a lot from Bitcoin, Zhao thought maybe he should give it a try. He began to learn everything about Bitcoin and its underling technologies. At first, Zhao bought a mining machine with 40,000 CNY and mined 40 Bitcoins, which was really a bad bargain. Because at that time, the price of one Bitcoin was about 50 cents Many things about this seem fishy - or the author is quite confused. E.g. Bitcoin was not "about 50 cents" in 2013. It hit dollar parity in Feb 2011. |
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Hello.
I am able to install a Bitcoin Server on Ubuntu (Xubuntu).
I was able to install the "bitcoind" server successfully by typing: sudo apt-get install bitcoind.
When I type: cd /usr/bin, I see that the server "bitcoind" is installed in the / usr / bin folder. Then I created a new folder by typing: "mkdir bitcoin" and then I type mousepad "bitcoin.conf" to put the connection parameters to the RPC server of the bitcoin.
Now I try to run "bitcoind" in the Linux Terminal but nothing appears, ie the "bitcoind" server does not start. I wait for several hours and it is always negative. The server "bitcoind" still does not start.
But when I try to retype "bitcoind" in another Terminal, I get as Error: "Error: Cannot obtain a lock on data directory /root/.bitcoin. Bitcoin Core is probably already running."
Thank you for explaining to me how to successfully operate normally "bitcoind".
It sounds like it is running. What does this show (this shows running processes that include the word bitcoin): ps aux | grep bitcoin What about: bitcoin-cli getinfo |
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Gold and bitcoin aren't mutually exclusive. Gold is great for some uses, bitcoin would be better if you were (for example) fleeing China or Venezuela and could get your gold across the border. A percentage in each is prudent for many people. And while bitcoin has been volatile, it has been volatile with a huge upward bias.
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One other thing to consider in addition to the RAM issues is this, particularly since it is more than 3 years behind (based on the screenshot): Local Disk C: 22.7 GB free
Local Disk D: 19.4 GB free
Where do you have the block chain stored? If on a different disk than C or D, then that could be fine depending on the space it has. If it is on C or D, you may have a problem at some point there too. |
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Hi. I was wondering if anyone has a rough idea how often full nodes reboot and/or how often they go offline for some amount of time (long enough to where they have to get blocks from peers and add to their blockchain)?
Is it common for a full node to be offline for an hour? a week? month? (and then download the latest blocks)
Thanks!
It varies by the node. Mine may be unavailable for a few seconds every so often when restarting bitcoind after building an update. Other people's nodes may be down for hours, days or weeks for a variety of reasons - connectivity issues, hardware issues, etc. |
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It will probably come to nothing and is likely a CYA formality but anything is possible. It would be beneficial to many people to have an ETF.
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The link mentioned in the one you responded to was bitadrress not bitaddress, FYI. One should always clone and run a local copy, OP. Hi all i have been using paperwallets created at bitaddress for years, but came across this post on reddit, any truth?
[–]magasilver [score hidden] 2 hours ago
Well, you move the security of a 256 bit random down to a user selectable passphrase, which in hard crypto are worthless.
There is no way to memorize a bip38 paper wallet, so you lose the paper its gone.
Very dangerous to spend -> best to sweep the first time it is decoded, and be careful with change.
Lets not forget the most popular bip38 site, bitadrress, is in the control of known scmamers who are incentivized to play games with the random numbers.
The modern paperwallet is generated with paper and dice, and is a bip39 menmonic driving a bip44 wallet. you can easily memorize it and not lose everything with the piece of paper. There is no need for a second passphrase which will always be weak. And they are easy to import into a great number of wallets safely, without the risks of change loss or identity compromise.
Thanks
I haven't seen any proof that bitaddress is in control of scammers or that the source code is doing anything malicious, but I also haven't seen that anyone has inspected and reviewed the code. Also, the online page can be modified anytime, so if someone reviewed it last year and it was changed today, may be a problem. Paper and dice are a great way to go, because its unhackable. So the advice here is good. |
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Now its syncronized with bitcoin network  What happens then, so i can use segwit signaling? Nothing. You don't have to do anything; by running Bitcoin Core you are signalling that you are ready for segwit and that once segwit activates, your node will be using segwit. You can't "use segwit signalling". I think OP may be thinking that he can signal SegWit support like he would if he were mining. OP, is that what you are asking or something else? Are you mining? |
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Or people will realize that they can stay in bitcoin and don't need to cash out. This could be more serious than it seems at first. Brussels is the capital of the EU and the EU already has a pretty bad stance on cryptocurrencies. If Belgium wants to ban it, it could get through to the EU and other countries could be banning it left right and center.
Western countries banning cryptocurrencies could be a huge chain reaction. If one country bans it, the people who use it in that country will then mostly be using it for illegal activities, which would result in other countries thinking the same thing about people finding potential to be anonymous with it and then more and more countries could be treating it negatively. Belgium isn't a big country but this could have worse implications than we would think at first.
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