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14561  Bitcoin / Bitcoin Discussion / Re: Amazon has it. Tesla has it. Apple had it. on: November 22, 2017, 10:36:27 AM
What they had was a strong guy in charge who could make absolutely sure the development of the company's idea followed the vision. They are highly successful becasue of it.

Bitcoin does not have it.

There is a large group of different people all with different ideas on how to carry out the vision, and no-one to ensure a consistent focus. Running a large-scale operation does not work using consensus. Instead it always leads to disagreement and a failure of the project. So it will be with Bitcoin where the recent civil wars with alt coins is only the beginning.

Why comparing Amazon,Tesla or Apple with BTC which is a digital currency/asset?These are two completely different things and you seem to be forgetting that BTC is so successful just because it is decentralized and there is no that strong guy which you mention.It is always wrong to put all the power in the hands of one man,and Satoshi Nakamoto think on that when he invented BTC.It is more likely to these companies fail and BTC survives.

14562  Economy / Speculation / Re: Bitcoin will be worth $100k in under 5 years, and eventually over 375k on: November 21, 2017, 04:32:51 PM
While the entire community enjoys another increase in the price of bitcoin it is worrying me. Yes indeed I don't like the price increase. With each price increase it becomes more difficult to earn bitcoin. I'm afraid that it might get people to hold bitcoins and go to payments in dollars. It's not a good trend.

If you're a beginner who wants to collect BTC it is quite understandable that price increase does not fit in your plans.What you can do is to make more effort to collect as many coins you can.People hold BTC all time,this is one of the reasons why prices go up,but they also use BTC in transactions to pay goods and services.Just check how many signature/twitter/facebook campaign + many other services on this forum use only BTC as a means of payment.

We should not be discouraged if we earn smaller amounts in BTC,in few years they can be worth xx times more then today.Just 3 years ago I collect daily 300k-500k satoshi on BTC faucets,many say it is dust and waste of time and today 500k satoshi is over 40$ Smiley
14563  Economy / Speculation / Re: Is is still a good time to Invest in Bitcoin? on: November 21, 2017, 01:54:03 PM
It's never too late to invest in BTC,the only difference is that this investment is now much more expensive than at the beginning of this year, or years ago.So every new investor asks the same question and has the same fears,it is not easy to invest money in something worth 8000$+ per coin.

The main concern is whether and how much further prices can go up in future and whether the price can goes down.This is always a risk every new investor need to take when it comes to BTC.Not so long ago there was a saying that any buying under 1000$ per BTC is cheap,can we now say that any buying under 10000$ is cheap BTC?
14564  Bitcoin / Press / Re: [2017-11-20] People turn to Bitcoin during times of crysis on: November 21, 2017, 11:32:33 AM
In countries such as Venezuela and Zimbabwe BTC really becomes currency that people accept more and more.They are simply forced to do that because of incredible inflation and loss on the value of the domestic currency.The only reason people do not use BTC even more in that countries is very large unemployment(in Zimbabwe 90%) and lack of technology.To use BTC people need money and PC/smartphone+internet,and when that becomes more available usage will certainly increase even more.

I remember that I read here on forum that monthly salary in Venezuela is something around 20-30$,taking that into consideration if some user from there join to signature/twitter campaign and earn only 100$ per month BTC makes his life a lot easier then to work in some factory.
14565  Bitcoin / Electrum / Re: Does revealing one private key spoil the seed? on: November 21, 2017, 10:45:39 AM
I think the answer to this is "no", but would appreciate confirmation.  Thanks.  I want to make sure the other addresses in my wallet are still secure, even after revealing the private key to one of the addresses.

Private keys in Electrum wallet are generated from seed,so if you expose only one private key theoretically it is possible to generate seed from that private key.For that reason it is not smart to export your private keys from any HD wallet,only thing you need is your seed in a safe place.

I remember to see topic about this question where these issues are explained in more detail,if i find it i will put the link in the post.
14566  Bitcoin / Bitcoin Discussion / Re: how can bitcoin survive with 26 USD transaction cost? on: November 20, 2017, 05:41:49 PM
i have recently done 2 bitcoin transactions and i had to pay in total 52 usd in transaction costs,

how can bitcoin be used if it is more and more undividable, because smaller transactions arent worth it anymore?

introducing new forks and splits like bitcoin cash bitcoin gold decreases the trust and people start consider it a manipulated centralised pyramid system.

if someone buys himself a hamburger with bitcoin, he has to pay more than 14 other hamburgers for miners...

regards

You pay max fee for your transaction and you can pay only 10% of that amount if you use custom fee and still get your transaction confirmed.I agree problems with high fees and slow transaction should be solved ASAP,but for now we have to adapt to the current situation.

I always use custom fee and some of the acceleration tool to speed up my transaction,never pay max reccomended fee because it can be very high.I hope with full implementation of Segwit and LN things will get better.
14567  Economy / Speculation / Re: Bitcoin will be worth $100k in under 5 years, and eventually over 375k on: November 20, 2017, 11:25:03 AM
If this speculation / prediction realized in next 5 years more or less,many would be happy and rich.Even if you manage to collect 1 BTC this would be very nice amount of money in every part of the world.It is difficult to predict can growth from this year continue,but if this year end between 8k-10k$ and in 2018. price go up "only" x5 we will have 40k-50k$ what would be great.

Of course it will depend a lot about the way governments will support / regulate BTC,do they considered them as a threat or as something positive.And today we can see completely opposite opinions,one government fully accepts it(Japan),some others consider it completely illegal(Bolivia, Ecuador,Bangladesh...)
14568  Economy / Speculation / Re: Dump/Correction @ 10k on: November 20, 2017, 10:58:09 AM
Many people will sell at 10k$ and there will be correction of price-and how much will go down depends on the amount of dumped coins.I think there is two type of people,one have a goal to sell at a certain price,take profit and finish with BTC.The others will sell part of coins and hope for correction to buy back at a low price.

I personally choose not to sell,even trading can bring profit but it is also a risk.Just holding BTC in last 2-3 years was extremely profitable.
14569  Economy / Economics / Re: will next decade be the bitcoin era ?? on: November 19, 2017, 02:31:15 PM
Even today we can say that this is the time of BTC,and that this year is one of the best and most interesting since BTC exists.The future is always uncertain but we all hope it will be great and that this year is only the beginning of new achievements.

There is no doubt that users base is increases on daily basis,there are more and more merchants who accept BTC all over the world and many governments make positive decisions and laws enabling easier adaptation of BTC in everyday life.

There are some problems that need to be solved by developers,transaction should be faster and cheaper and situation like few days ago should become a thing of the past.That is a big challenge today,when this is solved, BTC will become stronger and more interesting for new investors.
14570  Bitcoin / Electrum / Re: Please Help! BTC is suddenly zero at blockchain, still seeing it in electrum on: November 19, 2017, 12:19:38 PM
Hello,

I have an electrum wallet and everything is okay there, I still see my coins.

But here https://blockchain.info/address/1DeYVYD6rvia2nnrWnvX9gxAKj6qKQhhSP
it shows that they have been moved out today at 09:11 together with another transaction which I made at the same time.

How is that possible? I restarted electrum and everything is okay there, but as you can see, on blockchain.info it shows that my balance is zero and everthing has been moved out to an other address.

Please help, thank you.


EDIT:

As you can see, the coins have been moved to here https://blockchain.info/address/141Dxcg4oBZ8r9dUQ5t2CUp7P2hyxmuo9c
I just sent a test payment, It seems like it works? How can it be, that this https://blockchain.info/address/141Dxcg4oBZ8r9dUQ5t2CUp7P2hyxmuo9c is now my current address?

EDIT2: Together with the payment, the coins have been moved again to another address: https://blockchain.info/address/141Dxcg4oBZ8r9dUQ5t2CUp7P2hyxmuo9c

How??

Every time you make transaction in Electrum wallet is create "change address" and on that address is change what left when you send BTC.Let's say you have 0.2 BTC on some address and want to send 0.1 BTC,wallet use total amount from that address in a way that send 0.1 to address you chose and other 0.1 minus fee is allocated to that change address you see.

This is very good for your privacy because on this way it is hard to somebody to know how much BTC you have and where you send them.There is option to disable using of change address in Preferences/Transaction,but it is recommended to not disable this option just because of user privacy.
14571  Bitcoin / Bitcoin Discussion / Re: Bitcoin does not have limited supply on: November 19, 2017, 11:49:02 AM
The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )

BTC have finite supply of 21 million coins and that is a fact which is very well known.I do not know why you think that some altcoin which have "bitcoin" in his name can change total number of coins.Most of that altcoins even with "bitcoin" in their names will simply disappear over time.There is always a option to increase total number of BTC,but I think nobody wants to that happen.One of the reasons why BTC is most popular cryptocurrency is his limited supply among other things,and 1000 more new coins on market will not change anything.
14572  Bitcoin / Electrum / Re: coins not arrived to electrum wallet on: November 18, 2017, 05:16:02 PM
Thanks for the replies guys

the tracsaction id is
ed3940e0e889dc1cbde18aa31405573b814249d4524644a622bbaa9526b508e0

receiving address is:
1EwJ6yfnuLGKbpdjcgF9bc5Uxa1qU1DnsV

yes it's still listed in my electrum. When I created new wallets it did go to 3rd down in the address tab. But it's still listed in the recevie tab of an
older copy of the wallet I just opened.
(this is a direct copy and paste directly from electrum: 1EwJ6yfnuLGKbpdjcgF9bc5Uxa1qU1DnsV)

The green dot is on to say it's in sync, and I've tried different servers.
It does seem to be dropping out of sync and then back in more than usual, but it always goes green.

I'm using my regular computer for this, havent updated/ installed any firewalls or anti virus

I can't find the blockchain_headers_file   do you know where it should be?

Bittylicious support page says they can't do anything once the coins are in blockchain,so not sure they'd want to know, but I'll try contacting them if all else fails.

Would installing electrum and recreating the wallet on a different computer work maybe?
Does it make any difference if you recreate from private keys instead of the seed?

Thanks again

Your transaction have almost 500 confirmations and problem is in your wallet/PC/internet,you should see this transaction in Electrum wallet.If you have option to install Electrum on different PC you can try that,and it is better to use seed then private keys.

It seems to me that this is a problem with the servers you are connected and that you should try one by one until you see your transaction.I check about this problem and there is so many situation like yours,most of them are solved with server change or restarting Electrum.

Regarding blockchain_headers_file,it is in Electrum data folder -- local disk C/users/home/app data/roaming/electrum but you need to click "organize" and check folder and search option to enable hidden files and folders.

Before you delete that file be sure to make copy just in case,and keep your seed in safe place,this is most important.
14573  Economy / Speculation / Re: Its possible bitcoin going down under 7K this weekend? on: November 18, 2017, 02:31:58 PM
There is currently no reason to price go under 7000$ this weekend,although something like this could happen at any time.Based on CoinMarketCap BTC is down by 2.2% in last 24 hours but it is still very close to 8000$.There is great opportunity to buy a few days ago when price is go down to 5500$ because of BCH pump and Segwit2x cancellation.The question is whether something like this can be repeated again and give us new chance to buy some cheap BTC.

14574  Economy / Economics / Re: $800,000 long-term investment strategy on: November 18, 2017, 11:45:06 AM
It's about a huge amount of money which you plan to invest,and investment in cryptocurrency is very risky but on the other hand it can be very profitable.There is no doubt that BTC is number one cryptocurrency today with tremendous potential and as you say maybe 30% of people in world have heard about it.So with time more people will show interest and start buying BTC,more demand+less supply over the time will push price up.What is certainly to be taken into account is the attitude of the greatest governments of the world to BTC.

Most people will advise you to invest most part of money in BTC,it somehow seems the most logical move today and my opinion is no different than that.There is many coins out there,and some of them exist for some time,but what is future of ETH,XRP,LTC,DASH and some others It's really hard to say.

I would personally invest more then 50% in BTC,and I think this will bring me very nice profit in next 10 years.The rest of the money would go equally on today top altcoins,but with some deep research maybe you can find some low value altcoin which is worth investing.

If you invest all that money and buy coins be sure to take the greatest possible security measures,coins are easy to buy,but even easier to be stolen.
14575  Alternate cryptocurrencies / Altcoin Discussion / Re: [2017-11-17] Bitcoin Cash Might Soon Be Worth 1/10 of Bitcoin on: November 18, 2017, 11:03:09 AM
There is some news that one big exchange will dump all BCH and credit all users with BTC,and that some others might follow.But for now price of BCH is quite stable above 1000$,so I think the crew behind this project can be satisfied with this price.

I think that BCH can not do any more damage to BTC,perhaps there will be more attempts in future but will be difficult for them to do this at the previous level.I think all who join and buy BCH now see that was just pump and dump scheme of one altcoin,some get profit and many are lost.
14576  Bitcoin / Press / Re: [2017-11-17]BitMEX is Dumping Bitcoin Cash and Crediting Users With Bitcoin on: November 17, 2017, 01:55:05 PM
I have to admit I'm surprised with the decision of BitMEX Exchange but I fully agree.Since most users will anyway sell BCH for BTC, exchange will do that for them and in this way will prevent to some users in the process of coin split lost BTC&BCH.Many fake wallets,services,hackers having very profitable times with this forks.

I do not know is BitMEX start to dump BCH,but by CoinMarketCap BCH is up by 7.63% in last 24 hours with current price 1119$.But this dump will certainly have an impact on the BCH price and even more if others follow with the same practice.
14577  Other / Meta / Re: Recaptcha issues with login on: November 17, 2017, 01:22:41 PM
Hello,

Hopefully someone can help me because this has really started to frustrate me a few times now. When trying to login and filling in the recaptcha I often find that it is simply not possible for it to accept my answer. I can notice when this will happen in one of two ways:

1. The "select all images of cars until none remain" (or similar) takes a long time when loading the new image.

2. The "select all images of street signs" (or similar) requires me to complete always 5 times before saying to try again (when able to verify successfully it is always on the second one)

I have tried in many browsers, firefox, chrome, edge and have sometimes had issues with each of them. The only thing I've found that I can do it just constantly refresh and try again but it has on occasion taken upwards of 10 tries before being able to login.

And before anyone says it - no I am not completing the recaptcha wrong, I know very well what a car or a street sign looks like.

I have this problem also and it is very annoying.Sometimes I just get message that my computer send automated queries and only thing that help is to reset my modem to get new IP address.

Situation became much worse in last few weeks and many users complain that reCaptcha is completely unsolvable,and this is particularly evident in faucets where you need to solve captcha to claim reward.

It would be nice to add second captcha to login as choice,I think many would be grateful for that.
14578  Economy / Micro Earnings / Re: Speedup Faucet Bitcoin - Claim 55-73 Satoshi - 5 Minutes on: November 17, 2017, 12:02:03 PM
Your faucet have nice captcha and easy to solve,but you use sometimes short links with reCaptcha.Since that captcha is big problem for most users included me, we can not claim on your faucet.My ref earnings in days when you use short links with reCaptcha go down at least 50%.I do not know how all faucet owners and all others around this industry can not see that reCaptcha is so bad for business.
14579  Other / MultiBit / Re: Step by step guide to get BBC from MultibitHD? on: November 17, 2017, 11:13:30 AM
Quote
Worked like a charm, i did the first steps a few times but not the last one where i had to change the path.
You are a lifesaver mister!

I am glad that the situation is solved and that you have both coins now.It is always important to follow all steps exactly as stated,just one wrong step and you're back at the beginning of the problem.

Thanks for the explanation... What seems odd to me, is that using the MultiBit HD seed straight into Electrum and/or ElectronCash *should* work, ("Standard wallet" -> "I already have seed" -> Enter seed words, click options, select "BIP39 seed" -> set derivation path of m/0')... I've tested it multiple times with different seeds and have had no issues. Huh

It is certainly a lot less hassle than using the BIP39 tool and copy/pasting keys. Tongue

And to me it was strange that this can not be settled in a simpler way,but I did some research and there is also few users with same problem.Fortunately there is a way to export private keys from MultiBitHD if seed not working.
14580  Bitcoin / Bitcoin Discussion / Re: Bitcoin = Laundering on: November 17, 2017, 11:01:55 AM
Some say that you cant claim or transfer your bitcoin to a bank because they will suspect you of laundering.

So if youre using Bitcoin, youre basically a laundering and a criminal Huh

I just want to understand if its any different or just similar. Thank you

There are many ways to convert BTC in fiat,you can use BTC ATM if available or buy/sell through LocalBitcoins.Also you can use many services which offer Visa/MasterCard so just trensfer your BTC and it is converted in fiat when you pay/withdraw with card.

Depending on the country in which you live you may pay some tax or not,I do not see why government would consider you as criminal.But if your tax office ask you from where money is coming surely you should have a good explanation.

Money laundering is existed much before the invention of BTC,and some of the BTC features create negative connotations about it,but this will probably change with time.
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