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June 28, 2024, 07:06:56 AM *
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1501  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin survive if quantum computing is introduced on: September 29, 2016, 05:57:37 PM
From what I have read and if I have understood correctly, bitcoin is safe against a quantum computer attack and only those bitcoins in addresses that have never moved would be affected, in other words freshly mined coins sitting on newly generated addresses... or something like that. If you dont reuse addresses you should be ok.
I dont really know how it works exactly so I would like to know too.
1502  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is the new era of currency? on: September 29, 2016, 05:50:25 PM
There will be competing currencies against bitcoin but no other currency will be seen as solid and trusted as bitcoin simply because bitcoin is the longest surviving blockchain and no one can steal that from bitcoin unless they have a time machine to go back in time and invent another cryptocurrency before satoshi did.
1503  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the State on: September 29, 2016, 05:30:30 PM
Governments can't ban bitcoin, an example of government trying to ban bitcoin is Russia. Russian government has been trying to ban bitcoin for ages and trying to make people scared of using bitcoin, but if you look at the localbitcoins marketcap from the rubble to btc volume you will see that the btc volume to rubble has indeed increased in the last years, this proves scaremongering from the government doesn't work.
1504  Bitcoin / Bitcoin Discussion / Re: Do you think satoshi was a super hero? on: September 29, 2016, 05:27:14 PM
I like to think that satoshi was a time traveler and he bought technology from the future to the current time to take power away from the banksters. He was probably a normal guy/a group of very smart coders and hackers tho.
1505  Bitcoin / Bitcoin Discussion / Re: If bitcoin died tomorrow on: September 29, 2016, 05:13:46 PM
I would not throw my computer on the pool, I would throw myself and drown in it. Not but seriously, I would probably cry and punch the wall, then after a while I would try to move on and find whatever else is hot to invest at. The good news is Bitcoin will never die anyway.
1506  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Monero replace Bitcoin soon? on: September 28, 2016, 07:54:26 PM
No coin is going to replace Bitcoin. At the end of the day people will trust wahtever has the strongest network and most robust system that is as trusted as possible to stay the same for years to come. Nobody wants to use something that you can't trust the total supply will stay the same and only Bitcoin can guarantee this.
1507  Alternate cryptocurrencies / Altcoin Discussion / Re: [2016-09-26] Gavin Andressen: Ethereum to replace bitcoin on: September 28, 2016, 06:31:09 PM
Gavin believes a lot of things.

He believed a con-man was satoshi.

He believed that Mike Hearn was a trustworthy contributor.

And now he believes some garbage about Ethereum.

I'll give him A's for being consistent, at least.... what a joke.

Gavin Andresen is a troll and a sellout, he will defend whatever is putting money on his pocket. The Ethereum Foundation, as the disgusting piece of shit mafie that it is, pays a lot of "bitcoin celebrities" to FUD Bitcoin and shill Ethereum.

At the end of the day, Ethereum is a mess and Bitcoin remains the solid number 1.
1508  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereium Classic is a reminder of why Bitcoin must never hard fork on: September 28, 2016, 06:21:17 PM
Maybe I didn't explain myself accordingly. I meant that Bitcoin must never hard fork in a stupid rushed way, a hard fork must be conservative and for real reasons, not some bullshit hack or a hypothetical apocalypse if we don't raise the blocksize by tomorrow.
1509  Alternate cryptocurrencies / Altcoin Discussion / Re: ZCash: What's the point? on: September 28, 2016, 05:50:31 PM
Yeah, inherently zero-knowledge is superior to anything else but if you investigate Zcash its like a bitcoin sidechain with zerocoin, they even copied the bitcoin core, nothing evil about that but this means you have 2 systems: one with the trusted-setup to generate anonymous transaction (which take several minutes and need 8 GB RAM or more btw) and the transparent bitcoin system, also 20% of mining goes to the founders. I will wait for the future if some smart guy figures out how to make this without trusted setup and without the transparent bitcoin core.



Sounds like FreeTrade + MemoryCoin  Roll Eyes

Yeah, 20% of mining for the founders... what the fuck? I mean that's ridiculous for god's sake. Why? and what's the point? Aren't they rich enough from getting in early? Im sure they will be holding decent amount of coins... this sounds worse by the second, but I still might buy to profit from a pump and dump, the problem is the coin is already near 0.1 BTC...

https://www.bitmex.com/app/trade/ZECZ16

it's already getting traded without a blockchain lol, but a price is set, now the question is if we will see a flash dump as soon as it gets on Poloniex. Lots of coins have a similar graph where it insta dumps as soon as it hits the exchange (ICOers and miners dumping)
1510  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: September 28, 2016, 05:43:07 PM
How can they trade zcash if it was not yet released?

Because if a crypto coin is essentially just a trading token between "greater fool" betters on exchanges, *you do not even need a block chain*.  Only an IOU on a web site to trade it.

And maybe zcash is on something here: after all, what is more anonymous than a non-existent coin Smiley

One only trades its ghost as IOU on a web site.

This is the natural successor of an ICO.  You offer the IOU, and you trade it.  No coin, no block chain, no software, no mining, no hassle.  Brilliant, no ?



It's very risky... you are stuck holding the coins on the website, if the exchange closes, your money is gone forever, not even tracked inside a blockchain.

Personally I still don't see the point of ZCash if you have to trust the creators in destroying the masterkey..
1511  Alternate cryptocurrencies / Altcoin Discussion / Re: How high will anon coins rise when their GUI comes out? (XMR, WBB, BTS, etc) on: September 28, 2016, 05:28:36 PM
At this rate something like coinjoin + confidential transactions will be ready before any of the anonymous coins get a proper GUI. Segwit is comming soon so if the alts want to compete against bitcoin they better hurry.
1512  Other / Politics & Society / In what planet did Hillary won? on: September 28, 2016, 05:18:08 PM
Im not a Trump supporter by any means but I think people saying "Hillary Clinton obviously won" are out of their mind and in denial. The debate was mostly a tie, nothing out of ordinary was said, no one won or lost votes in my opinion, we'll see the next ones.
1513  Economy / Gambling discussion / Re: Quit Gambling. on: September 28, 2016, 04:57:37 PM
Some people need drugs (medication) to stop gambling anyway because the addiction is too strong. All addictions are different levels of tolerance of addictive chemicals anyway, and some are too strong and need meds.
1514  Economy / Speculation / Re: Why bitcoin rate is stable since june 2016 on: September 28, 2016, 03:49:07 PM
Whales are in acumulation phase, they are getting as much cheap bitcoin as possible and nowadays 600 dollars is considered cheap. Big things are comming soon to bitcoin and they know it, so the price is going to explode.
1515  Economy / Speculation / Segwit is comming soon, only a matter of time we explode to 1000+ on: September 28, 2016, 03:44:07 PM
Segwit is getting activated really soon now, 0.13.1 is only weeks away:

https://twitter.com/bitcoincoreorg/status/780798709210746880

It's going to be great and it will translate in the price sooner than later, get ready.
1516  Economy / Speculation / Re: Predict the price: Halving day 2020 on: September 28, 2016, 03:30:43 PM
The price is going to keep growing but nobody knows when things are going to skyrocket. Im predicting that we will soon start going towards the unavoidable new ATH when we have segwit functioning. Beyond that, sky's the limit.
1517  Economy / Speculation / Re: Is see the new pump is building up, $660 in 2 weeks on: September 28, 2016, 03:19:40 PM
Yep, it's pretty obvious we have whales at work here trying to keep the price under 600 to keep buying, they have been buying for months now and things are getting ready to explode once 0.13.1 goes live and segwit is activated, then the march towards 1000+ begins.
1518  Economy / Speculation / Re: If u don't buy now you will regret it for your entire life on: September 28, 2016, 03:14:51 PM
I definitely agree with op, there are tons of people that got left behind in the last bubbles that didnt buy in because they were scared, and now all those hands are waiting for a dip to get in, and sooner than expect we will start going to the moon and that perfect dip people are waiting for will never happen and they will not be able to buy.
1519  Economy / Gambling discussion / Re: 2016 U.S. Presidential Election Prediction Thread on: September 28, 2016, 03:08:36 PM
So who do you think won? Apparently people think Hillary won. I think she was mediocre at best. Definitely not easy to tell who won, since Trump was not specially bright as well. I think a tie is the right analysis.
1520  Economy / Gambling discussion / Anyone bet in Crocop's fight? on: September 28, 2016, 03:06:38 PM
Crocop fought recently again in the Rizin tournament, he was able to win the other guy, some tall huge asian. Crocop put him in submission in round 1. I bet for Crocop win and won some money:

https://www.youtube.com/watch?v=5k_4wFMYz7g

Anyone bet on this fight? I didnt see a thread.
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