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14541  Bitcoin / Bitcoin Discussion / Re: Someone just found a block solo mining on an Amazon EC2 Server on: October 07, 2018, 03:08:25 AM
what people need to realise is that an ASIC does not talk to the network independently. they talk to a pool.

1HqsP8hASurtZ1uv1zUb5Ff2UgD4N6daiK  asian-miner.com stole 1200 canadian from me perhaps you could help me locate the felons or retreive my antiminer z9 mini that hasn't shown up after 45 days.  Apparently they are in hong kong?  So is this theives if so why does bluehost.com continue to host there website?

Looking for a refund to my bitcoin wallet 1232mE3UzJzDsiJpz8xRRUyFqqcjicpUQP  can you help me locate or find who  stole my antminer and or bitcoin?

don't know you guys seem to be winning all the time at viabtc.com maybe you can help me find a block and solve all my problems so I dont have to waste my time reporting this to the rcmp.

i am not viabtc. but anyway

im guessing you deposited funds into them at 1HqsP...
looks like they pretty quickly moved it into an exchange

as for their details, im afraid to say this to you but there are so many red flags about how they registered and used crappy website build tools that you should have done all these checks before giving them funds.

privacy guards, using a service that gives a free domain that only that expires in a year
your best bet is to contact bluehost


14542  Bitcoin / Bitcoin Discussion / Re: The market of cryptocurrencies doesn't fall, is it growing steadily!? on: October 06, 2018, 05:22:16 PM
Whether the firm base for new records of capitalization is ready now? 

11 month bottom of $5,800 is holding well
3 month bottom of $6100 is holding well
its been tested multiple times and held.
the majority of coin movements in the 11 months have gained a individual value above it,
mining costs are currently above it.

but its too soon to move the milestone above $5,800 as the retests and mining cost threshold and majority holding coins that they didnt hold 1day-11 months ago is fresh

its normally best to wait 3-4 retests of a bottom. where its an obvious retest and not just normal daily/weekly waves
but with that said.. the underlying baseline value is healthier then previous years. and there is nothing wrong with a bit of speculation ontop (current mid $6k prices), its just too early to call anything in the $6k range as a baseline. as not enough coins have shifted hands to give a majority value in the $6k range,

but still
2016 above $300
2017 above $900
2018 above $5800
14543  Bitcoin / Bitcoin Discussion / Re: Bitcoin Price Unexpectedly Rises to $6,600, as Market Adds $5 Billion in Hours on: October 06, 2018, 04:49:53 PM
the market did not add $5billion in hours

seriously. stop looking at the market cap. its a useless number of math, not funds
someone can make an altcoin of 5trill coins and add just ONE DOLLAR to an exchange and make the market $5trillion just by buying one coin with ONE DOLLAR
14544  Bitcoin / Bitcoin Discussion / Re: Does Satoshis' absence make bitcoin truly decentralized? on: October 06, 2018, 04:36:42 PM
satoshi left because he didnt want to be a point of refernce/decision. he wanted consensus to decide.

but bitcoin core replaced it and has been the thing people point to as the CORE, reference, decision, roadmap, moderated proposal route for all things bitcoin network

having mandated upgrades and moderation and treating other client software as the enemy that needs to be rekt or distorted as enemy until the only option is to altcoin those other clients off the network.. then its not decentralised.
claiming there are other full nodes is flimsy at best as they just blindly follow core

we need to get back to a level playing field where multiple pieces of full node full validating full archival software all have equal level as core.

core, if it wants to be a reference client should only run current rules. and then let the community separately on their own have their own proposals. where they communicate to each other and if a feature is good and wanted then all the versions add it. and the feature gets activated when the community of various versions all have consensus.

core need to back off with the monarchy mindset. all the core devs should have their own releases and all contribute to what the community want. not a small pool of devs who demand users blindly follow one roadmap and treat anything else as a bad actor.

if some feature/software is bad, people just dont run it. simple. but to campaign that there should only be one and anything has to follow.. is not decentralised.

core should be P-1 not p+1 (p=proposal). you know where cor is just the blue print of basic design. and others then build ontop separately
14545  Bitcoin / Bitcoin Discussion / Re: If the US government passes the Bitcoin ETF, will the market immediately become on: October 06, 2018, 12:14:12 PM
in short
dont expect the successful first active ETF to go on a real bitcoin buying spree on day one, grabbing more coin. but expect other new/upcoming ETF's to suddenly realise they now have a proper opportunity to enter that market and so will want to establish their own reserves of real coins, to then apply for ETF status to then offer shares based on those reserves

to explain
those that have applied for a ETF already have built up their coin hoards to form the backing of their ETF and on the day the ETF is active many investors will buy up shares of the ETF. so that specific ETF wont be buying more instantly until they have sold off their allotments of shares

however. others who have not yet applied yet want to be ETF, wont waste money with applications if they are already seeing others get rejected/delayed. they will wait for the first success and then act. once the first successful ETF acceptance occurs, those sitting on thir hands will rapidly see how its done properly and will want to replicate a ETF that ticked all the same regulatory boxes as the successful applicant. so other future ETF's will be buying coin to get themselves rolling pretty quick

i predict this will occur after the tax year end. thus 2019 will be the year of the ETF's
14546  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really driven by individuals? on: October 06, 2018, 10:53:40 AM
Bitcoin is seen as a currency that is not regulated by any institute. It does not generate any revenue and therefore, has a zero minimal value. What then brings about its value and drives it as well?

bitcoin does have a minimal value.
its based on many factors. but fortified and strengthened by the cost of acquisition

do not be fooled that the price is value. there are actually 2 layers to it
the underlying value is the LOW of a long-tested out period where its clear that the majority refuse to sell below.
this is based on acquisition costs... the volatile price is the speculation above that which is variable

concentrating on the LOW/acquisition/bottom
its not just buying on the market but also mining. if it costs the average/majority of miners atleast X to mine bitcoin. they wont foolishly sell for less. and if they can buy it on a market for less than they can mine it. they will buy it. which helps build up the underlying value of X
over the last year based on mining costs. the amount of coins that have moved/traded and such, the majority of coins hold a underlying value of $5,800+
yea some people bought at $6k-$20k but the higher the number goes the less people actually got it at that price.
but as based on a good long 11 month period of multiple opportunities for everyone to sell for less than $5,800 no one has bit. mining costs are also above $5,800 which also as i said strengthen that bottomline value where people wont sell at a loss. so there is a bottom.

i emphasis the 'plus' of $5,800. but du to lack of test of time, retest of bottom, variable mining cost variable market acquisition cost and lack of majority of all the above. mentioning any underlying value specific number at this point is too early as the majority have yet to really test, prove that a higher milestone should exist (EG latest retest of $5,800 was not that long ago. and the maths of mining costs also shown that there have been some opportunity to mine coin at $5,800 recently too even many periods above $5,800. so its just too soon to call out a higher bottom value
 

its like gold. if it only cost a penny to mine gold everyone would mine it as they could sell it for any price and break even and profit. thus gold wouldnt be ~$1k/oz
the reason its $1k/oz is because gold needs excavators, diesel, labour which cost money. so miners wont sell for less
as for the gold markets. again if the majority of holders bought gold at a penny they would sell for any price. but they too over time been paying high hundreds and this last decade the $1k area. so thats why gold has a underlying value of such.
14547  Economy / Service Announcements / Re: BTC flow in/out of Exchanges on: October 06, 2018, 01:10:54 AM
you could easily put a marker/tag against the utxo's that exit an exchange to show the days average price.
over time as things move around you can update them tags. and see more coins with more tags as your data grows over days, months

and then know how much is peoples bottomline / break even. to know what the communities attitude is to a certain price based on % of the communities bottomline, that way by marking each utxo to have a 'price' you know what it is not going to sell for as that would be stupid and a loss.

i done something similar but simpler based purely on the UTXO set that moved in the last 11 months (while prices were above $5,800 bottomlines) and seen over 65% of UTXO's got spent within 11 month. even though my data did not involve coins that entered /exited an exchange. but by purely changing hands people normally (psychologically) self value their coins at the value they change addresses

but having a better metric of marking the coins with a price they exit exchanges at. gives a more precise depth to what 'value' people put as their bottomline refuse to sell below price as they have preferred to exit an exchange instead of keep it in to sell it

14548  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Mining Really Causing Environmental Damage? Maybe not that much... on: October 05, 2018, 09:47:18 PM
Of course (3) !!! Because like I was saying (the third time already) there is no spare capacity. Just like in the oil and gas industry. Only a few countries can afford 10% increase even if they want to produce more, there are simply no drilled wells and it takes months to make them.
Just like chips are not printed at home and you need to wait for TMSC to produce another batch.

water and oil are not the same. once you use oil its gone. when water goes through a turbine. water still exists. thus can be reused.
and if reservoir one has a capacity of 365 million litres. reservoir two doesnt need to be 365million litres.
infact it doesnt even need to be 1 million litres to catch a day of R1's daily run off to double a day.
all it needs is a small narrow run-through that water flows to create pressure (you know make the tip of a hosepipe smaller than its beginning so that the pressure rises.

as you say its more about price. and if you done some maths. china's production is multiple percent above demand. and that excess goes to waste unused, unpaid for. so power stations are loving that bitcoin farms are buying the excess.
the power stations make profit. and now make more. they could use it to create extra production. but demand is not there to push/sway them into using the many many many techniques to re-use water after its gone through a dam.
and yes there are many ways. that dont need to rely on depth/height/gravity

EG
lets say a steel turbine is heavy and needs Xpsi pressure to move it. to then spin a electro magnet of 100 coils.
your mindset thinks Y water is needed and Z height for gravity to produce Xpsi.

yet.. if you shrink the nosel of the water pipe. = less water needed to produce same pressure
yet.. if you use a lighter material for the turbine = less pressure needed = less watr needed
yet.. if you add more coils in the electro magnet = less water needed

EG make the turbine lighter and electromagnet bigger then water becomes less of the issue
14549  Bitcoin / Bitcoin Discussion / Re: Bitcoin Acceptance. on: October 05, 2018, 09:27:42 PM
why are people obsessed about regulation.

you might aswell ask will people eat if food was/wasnt regulated, wil people go toilet if bathrooms were/were not regulated, will people talk if voices were/were not regulated
things do not need regulation.

regulation PRETENDS to help normal people. but all it does is give businesses a bit of accreditation. its like a toddler preschool gold sticker of well done accreditation.

in a world where no regulation is required. a business with regulation showing up and publicising their policy. it just makes any business without the shiny star or the sherrif's badge of KYC automatically look shady. thus makes people stupidly trust something due to a gold star/accreditation.
yet the financial criss of 2007-8 shows that regulation didnt do anything. and banks still do what they did before. and people got screwed

whats really needed is to stop begging/hoping/lobbying for regulation. as that helped no one with bank mortgages and loans in 2007-8..
instead people should lobby for consumer protection and easy access to the court systems and other things that help normal people, not businesses

regulations and consumer protections are 2 separate things
14550  Bitcoin / Bitcoin Discussion / Re: Bitcoin & Payment processors :-< on: October 05, 2018, 09:00:03 PM
this issue is triple edged.

first its that the merchants manager has not learned about the true reason for bitcoin to want to keep or use bitcoin after getting it. i know that most merchants have costs such as labour, stock, leases, advertising. but theres still a small percentage they could decide to keep as coin for the managers own personal investment if they knew about its other benefits

second these payment systems are atleast helping businesses take a to dip into the bitcoin water. to try it, accept it without the hassle of self converting, without the headache of calculating exchanges. its then that the next phase occurs. such as getting staff of the merchant to want the btc the merchant gets. and suppliers and the leaseholder of the property. to keep the coin cycling in circulation away from exchanges

thirdly other things could be done where the merchant could set up an ATM where their own customers could buy BTC at the local store,

but over all (ignoring its a currency) as a payment method "we accept paypal" "we accept applepay" is just the same gimmick. a merchant doesnt want to use paypal/apple funds to spend within paypal(ebay) or within apple(apple store) they just want to get a wire transfer of bank account fiat.
so the merchant needs to learn that bitcoin (a protocol) is also btc (a currency). but thats the learning curve and finding reasons to want it much like an american store accepting euro's. they know its a currency but they just accept euros as just a gimmick to get a different niche community to come in their store and need a reason to want to keep euros/btc
14551  Economy / Speculation / Re: Bitcoin Price Fails to Record Big Breakout But Market Remains Bull-Friendly on: October 05, 2018, 01:46:05 PM
i think you need to zoom out from a 10min-24 hour view
a $100 increase treated as a big breakout??

also you say drop to below $6k... i think you need to relax and stop posting such speculation.

..
trend anals are narrow minded and see 2017 and think it will repeat itself. sorry but no.
there was a reason for 2017 spike. that reason does not exist this year

same as there was a reason for 2013 which did not exist for 2014,15,16,17,18

just thinking a "breakout" will happen because someone sees a chart and makes a line is a futile and foolish mthod of choosing future prices.

you need to understand the reasons and causes.

that said
bitcoin has always been on a bull
2016: always above $300
2017: always above $900
2018: always above $5800

these temporary hills and mountains are not where the bulls and bears play. its where the cubs and calves play
sustained value is below the speculative price. and the sustained value is on the rise not a fall

dont react to the little daily drama. and reporting the daily drama is worthless because by the time you have wrote about it, it already happened and is just a history lesson.

standing at the top of a tsunami that happened 11 months ago or the peak of temporary waves that happen daily looking down, teaches nothing but "speculation happens". instead stand at the underlying water level looking up.
14552  Bitcoin / Bitcoin Discussion / Re: How Brexit will impact bitcoin on: October 04, 2018, 10:07:26 PM
alot of people in this topic are thinking about the price (facepalm) impact

but when you seen facebook slowly move parts out of america and is done in the uk
more of american facebook stuff will move out of america and into the UK because labour costs are better

other businesses will start up. UK could end up being the next palo alto
14553  Bitcoin / Bitcoin Discussion / Re: MERITS OF BLOCKCHAIN. on: October 04, 2018, 07:15:46 PM
we are know that the blockchain system is ict inclined, you have to be a computer literate to  be able to make use of the blockchain technology, so that will be a demerit to blockchain as we know, not everyone is literate when it come to ict.

you dont need to be ICT literate

most cars are run by computers. theres no longer a physical steel shaft from the steering wheel of a car to the wheels. its now moved by separate motors controlled by computers.

yet an ICT illiterate person just sees wheels, doors, carseat and a steering wheel.
its for the ICT literate to make things simple for the illiterate
14554  Bitcoin / Bitcoin Discussion / Re: MERITS OF BLOCKCHAIN. on: October 04, 2018, 07:10:24 PM
EG imagine a doctors surgery of 6000 patients has a chain of hashes. the personal data not being the chain. but being a UTXO database of encrypted data. and each new block of daily updated records is updating hashes. not clear text data.

each doctors surgury strand of chain. hass a block or UTXO header that gets added to a master chain. and so the network is not validating what the clear text says. but validating the hashes add up.
and its the doctors and patients in their smaller subchains that validate that personal stuff

ok, but the real question is WHY?!!!
it is not about how it is done it is about whether doing it that way is better than how we are currently doing things.

imagine each doctors clinic/surgery have a little black memorystick that is plugged into a electric wall socket with a usb outlet
that memory stick. is the node. now realise each doctors clinic/surgery has one.

now the health care system can sack all the auditors and data security guys. and just get a janitor replace a memory stick if one develops a fault.

letting doctors be doctors and let more of the treasury funds be used for healthcare instead of administration
walk into any doctors clinic and ull see less non-medical staff shuffling papers.

less surgery/clinic managers fiddling with numbers so they can vacation 48 weeks a year at others expense
...
now with all that said there are many places where blockchains are useless, but when there is a scenario that data needs to be in more than one location and edit/append data to it from more than one location. then there can be some advantages.

the more wider field of multiple locations and multiple entities needing more than just viewing privileges. the more a blockchain can be seen as beneficial.
14555  Bitcoin / Bitcoin Discussion / Re: How Brexit will impact bitcoin on: October 04, 2018, 05:45:52 PM
though the UK has its own legislation that mirrors EU legislations currently. thus no actual need to change much on brexit day

but after brexit there will be more freedom to allow parliament to start amending legislation to what parliament seems fit for them. and its at these times of new bills/amendments they normally would slip in amendments mixed in with other bills.
so we could see some regulations being added/removed/amended either openly or hidden in the mix of multiple amendments hidden in big bills

the forex exhcnage between GBP/euro will change as will GBP/USD.
we seen it a few years ago when the IMF added CHY to its SDR. many thought it had nothing to do with GBP but it did impact
and also with just announcing brexit caused movement in both gbp/euro and gbp/dolar, but thats more effecting the forex markets

this would have been a good time to instead of valuing bitcoin vs USD. it could have been btc vs minimum wage.
that way no matter where people live or what forex does, people know they only have to pay the equivalent of under 1000 labour hours.

which could be revolutionary because people could play th forex markets to get the best bitcoin deals, thus impacting forex and actually affecting wall street.. but thats a whole different scenario/idea for another discussion

i know people think that if the UK exchange rate to lets say USD is worse. EG less dollar per pound = disney holiday gets more expensive.. i see this as a good thing.

firstly the flip side. less dollar per pound = more pound per dollar. so this means the US can buy more from the UK cheaper. meaning they will buy more from the UK.
we will see U.S company outsourcing their call centres and remote services to the UK because we(british folk) can offer more for less.
we can start making things again because its more expensive for brits to import.
we will become more exporter than importer

so we could see the UK becoming a better prospect for crypto businesses looking for better labour costs than the usa
14556  Economy / Speculation / Re: Almost 12 months of Bear Market .Is there any better future a head? on: October 03, 2018, 10:12:11 PM
I believe in this last quarter of the year 2018 bitcoin Price is going to recover greatly to the point of rising above $20k before the end of this year 2018

recover?
um sorry. bitcoin price was never a sustained $20k.
the correction was the recovery not the other way round

dont stand at the top of a mountain that only 2 people got to stand on. stop looking down at a price from up high
stand at the bottom and look up

its not just th right way to look at a market. its also healthier for your head and emotions
14557  Economy / Speculation / Re: Almost 12 months of Bear Market .Is there any better future a head? on: October 03, 2018, 08:46:56 PM
2016: always above $300
2017: always above $600
2018: always above $5800

12 month bear market? what are you talking about.
you mean the cub(small bear) and calves(small bull) constantly playing back and forth throughout the year. in a 10 year bull market
14558  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.17.0 Released on: October 03, 2018, 08:29:55 PM
Miner block size removed
------------------------

The `-blockmaxsize` option for miners to limit their blocks' sizes was
deprecated in V0.15.1, and has now been removed. Miners should use the
`-blockmaxweight` option if they want to limit the weight of their blocks.

important to note. due to the witness_scale_factor=4

by reducing the blockmaxweight 4000000 down, your actually reducing the legacy and non witness data allowance to be below 1mb
so dont just treat blocks as being actual 4000000bytes of open allocation even for legacy/non-witness data
(hopefully removing the hideous scale factor will come later.. and we can all say 'finally')

so reducing 4000000 to 3000000 for instance, is not
legacy/nonwitness 1mb and witness area 2mb
but instead is:
legacy/nonwitness 0.75mb and witness area 2.25mb

i mention this as some will bring the blockmaxweight down to 1000000 thinking it cuts out 'iswitness' utility. when infact all its doing is bringing the legacy/non witness allowance to 0.25mb
14559  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: October 03, 2018, 07:58:01 PM
saying a market should move based on emotion. is also bad
prics should move based on value rises where everyone who bought coins aove X wont sell lower than X meaning when they sell for X+1 eventually everyone values it at X+1

thinking the price should jump by 400% and stay up based on pure emotion and not based on values/costs is bad behavior

there is no real event that is currently happening to add real value to cause big rises.
however the markets are moving. just not causing a large spike some people want.

dont wait weeks months for 50%-400% spikes. instead take the small 1% changes and repeat. that way you will get your 50%-400% (cumulatively)

if you dont have the patience. then click the x at the corner of the price chart screen and watch some TV or plan out starting a business or other methods of making some money.

also remember the $20k was not a "value" price. it was a fluke of temporary emotional hype based on an event of november, which is not going to happen this november as the event that triggered it is not happening this year.

dont think the $20k is something that was suppose to have lasted. in short dont stand on a mountain looking down. stand at the ground level looking up
14560  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be sent, received or traded (used) without the internet? on: October 03, 2018, 05:48:41 PM
yes

physical bitcoins. also known initially as casascius coins or paper wallets

as long as you trust the seal and that the original holder(s) do not have or know the private coins because its sealed within the physical bitcoin. then you can swap them hand to hand
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