The idiotic wallet fee guessing is one reason i don't bother with it and go with fixed fees. When things get really get rough, what your wallet "guesstimates" its needed for a "confirmation within a block" to the moment you actually broadcast, conditions could change fast enough that you may have to wait some hours the same as if you used a lower fee anyway.

Worse, the way it works the wallets can start feedback looping themselves into crazy rates too. Just say no to network fee estimation, set a fee, and go to sleep, tomorrow will be a better day and your transfer will probably be done by then. Its best to forfeit the instant transfer mentality and plan ahead like you would a foreign wire transfer (those can actually take weeks rather than days).

Beginning of 2018 was fun, it could take weeks for a transfer to confirm. But things changed ever since... Of course that's when a bunch of altcoins started promoting themselves as the "better" alternative, but the market didn't budge. Bitcoin is what matters because its safer among other things.

You should move that into an offline wallet and stop regretting, because after a few years it will be even more valuable.
Focus in long term rather than short term, bitcoin is a safe and stable savings wealth method. But please don't keep it online, create an offline wallet (its just a paper with 12 words) and move your funds there asap.

Cash out at 10k and regret later when it reaches 20k. The game never ends. And stop telling people how much you have, you are going to attract unwanted attention...

Bitcoin mining will become unprofitable probably a 100 years before that, so what you say will probably be experienced in our lifetime. This does not mean higher demand in altcoins, Bitcoins are scarce and thus more valuable. Just because you don't make money mining bitcoin does not mean it loses value, most of bitcoin's value is unrelated to mining (contrary to some beliefs). See after each halving bitcoin mining profit gets cut, as it was designed to, and the same happens to miners, because it is a transition to the stage where most bitcoins that there ever will be already exist and no more are coming (or take so long to come that its pointless to wait for them).

As i keep telling people, bitcoin price isn't rising to compensate miners. It does go up, but at a lesser rate than mining. Mining was, since the beginning, a temporary thing. Those that made models thinking mining will remain forever, where wrong since the beginning. You can't possibly expect endless mining with a coin with finite supply, this is how flawed that thinking is. But unlike an abrupt ending, the halvings make for a a smoother transition. Miners have the chance to plan their exit, as many have done.

Sooner than later, the only mining will come from hobbyists and those with "free" energy. By then the hashrate and difficulty would have gone down, but since its unprofitable anyway most won't bother. Bitcoin will go on just fine, of course.

My view about altcoins are contrary to yours. There are simply too many, most are destined to die. And people are not going to bother carrying 100 different types of coins. The only thing that matters in the end is: Can it be exchanged for bitcoin? And that is that. If a second or third altcoin manages to survive and get used, it would be a miracle.

I have warned miners before that the time to diversify or even venture into other business with the money they got from mining is now, and every day that passes, if they don't shrink and switch they will end in the red and lose all.

I like the interface of Electrum (which is similar to core with enhancements), of course the PC version, the mobile version is dumbed down and misses some features. What do you want with a wallet interface anyway? To me a wallet must absolutely let you pick a transaction fee (so i can use 1sat/B, copy paste addresses and show / read qrcodes.

As for bets, I'm sure there are betting sites for esports and such. Or do you want the betting to occur in game? Most game developers avoid this because legislation would prevent their games from being released in many countries. This is not bitcoin's fault, its just that gambling is not seen the same worldwide. Of course, you could entice the Casino's or betting sites to develop their own games, but to them its cheaper and easier to simply let players bet on existing games. I doubt this situation will change much, and this is unrelated to Bitcoin.

To this i would add my own pet peeve: Why no MMO is using bitcoin or some altcoin directly at least? They all use some sort of virtual money that resides in a server, and many make you to buy fake money with real money for virtual items (not unlike plastic tokens in a casino i guess?). Some MMOs have very interesting economies going on, you can literally trade in their "auction house, or shop, whatever" depending on game even without you directly getting involved in the extraction or transportation (tho that can be done too). Of course this would be a way of allowing real money in those games.

I guess most of the problem lies in legislation. If you forfeit the US, EU and minors, you can probably have those games developed in some nice Caribbean country or such. Do you have the capital to start such endeavor?

Digital gold is not a problem, once you understand Austrian economics, which has always pushed for the use of gold (not a gold backed coin) as money. A century after those proposals, we have digital gold which is even better. When the world decides to adopt Austrian economics, current fiats and most altcoins will be a thing of the past. If the USD finally collapses (thanks to indiscriminate printing), this will probably get in motion since there is Bitcoin now.

NO. The fees and the hashrate are unrelated. Fees go up and down according to network traffic, this is separate to the network hashrate.

Of course some miners would leave. Moments before the halving was 140 EH/s or so, and its like 85 EH/s currently. In order to not change, bitcoin's price would had to double, which didn't, as it was my expectation. It fell somewhere between 7.5k and 15k (with 15k being double).

Anyway the hashrate only matters to miners, since it affects difficulty. As for the fees, remember that "recommended" is not "required". You can always force your wallet to use 1 Sat/B, it'll just take a bit longer than usual (one day rather than one hour, for example). Due to the unfortunate flood of wallets that attempt to guess a "recommended fee", a feedback effect occurs and its simple to manipulate those fool wallets into crazy fees (since they all start competing with each other after some whale or exchange moves some funds to their cold wallet or such).

Que matraca, puro cuento chino (literalmente, ya que Jihan Wu estuvo detrás de BCH). Pues fue exactamente eso, un intento de apoderarse de Bitcoin, y fracasó de manera estruendosa. Unos pocos millonarios se pensaron que tenían el músculo financiero para hacerlo, y se dieron contra la enorme pared de la realidad. Hasta el punto que el propio Jihan Wu le aconsejó al CEO de Binance Changpeng Zhao desistir ante la idea de apoderarse de Bitcoin mediante un ataque del 51% con el objetivo de revertir unos fondos robados. Hubiera fracaso y perdido toda su fortuna, como casi le pasó a Jihan Wu.

Bitcoin está en muchas manos y no puede atacarse así como así. Las fuerza descentralizadora del mercado y el propio diseño inherente de Bitcoin actúa en contra de esos intentos.

El mismo caso se ha planteado en otros escenarios. ¿Porque un gobierno no imprime todo el dinero necesario para comprar Bitcoin? Pues porque en el momento que comienza a comprarlo (e imprimir para hacerlo) dispara el precio de Bitcoin al tiempo que hunde (mas rápido) la moneda con que le intenta comprar. Y si, es lo mismo pasa con Tether, así que es inútil siquiera intentarlo.

Bitcoin es libre y permanecerá libre, de gobiernos, instituciones y grupos (fundaciones, etc). Para comprender la fuerza hazte esta pregunta: ¿Que puedes hacer para destruir Bitcoin? En el caso de una moneda centralizada, la respuesta es muy simple: Eliminar al creador o a la compañía que la rige. Por ejemplo la debilidad mas grande de Libra es Mark Zuckerberg, si se le elimina o a su compañía, muere. Ethereum y muchas otras tienen la misma debilidad y por eso no valen, esa es la llamada centralización.

Yo he planteado muchas veces que las transacciones instantáneas son un caso mínimo de uso, y que con un poco de inteligencia se puede solventar. Por ejemplo pagar por adelantado o pre-pagar; llevar "la cuenta" (cliente frecuente), o comprar con entrega a domicilio (en línea). Hay muchísimos mas casos de transacciones que no necesitan ser instantáneas, y para ese reducido número de casos donde haga falta ya existen soluciones offchain como Lightning Network.

Lo que pretendieron los grupos del bloque gigante es una "solución" por fuerza bruta. Y de hecho en nuestro léxico, era "correr la arruga". Incluso plantearon (¿o implementaron?) el tamaño de bloque infinito. Una locura...

Afortunadamente el libre mercado dio la respuesta: No gracias.

Ese es el fenómeno que le llaman "madurez" y es que con el pasar del tiempo el precio oscila menos y menos porcentualmente que antes. Esto ya ha venido ocurriendo si estudian la historia completa del bitcoin.

Si se mueve mucho corrige, si se mueve poco se queda tranquilo. Algún día se comportará igual al oro. El bitcoin es el activo mas seguro y estable de la humanidad, pero algunos necesitarán que pasen 40 años para entenderlo...

Las carteras online son peligrosas. Descarga una cartera propiamente dicha, como Electrum, y de preferencia usa un sistema operativo seguro, como Linux en una PC. También es bueno aprender sobre la creación de carteras en frio para el caso de ahorrar grandes cantidades.

Es muy sencillo: Imagina que mañana vas a blockchain y la página no existe. Imagina eso todos los días, y entiende porque no debes usar carteras en linea ni dejar fondos en carteras en línea de ninguna índole, incluyendo exchanges.

Los trader corren un riesgo gigante que muchas veces no toman en cuenta: Que al día siguiente vayan a su exchange de confianza y ya no exista. Y eso ya ha pasado antes, y podría volver a pasar.

Si no está en tu propia cartera, está en peligro.

Si estás jugando a la lotería, puedes apuntarlo a solo.ckpool.org.

De resto no se, kano se le acerca pero con un minero tan pequeño seguramente no te va pagar nunca (si es que te acepta), igual esta problema de los montos mínimos en los otros pool.

¿Sabes que una S9 puede valer tan solo $25? Aunque consigas una usada que le funcione una sola tarjeta (mas silenciosa), va rendir mucho mas...

Tal vez deberías retirarlo, o apuntarlo a la lotería... Quien sabe, ¡a lo mejor ganas 6 bitcoins dentro de los próximos 4 años!

El precio actual está dentro del rango que había pronosticado el año pasado: Mas de 7500, menos de 15000. Me parece un precio saludable si se mantiene mas o menos donde está.

La red bajó a 85 EH/s de 140 EH/s donde la vi faltando minutos para el halving. Dentro de lo esperado, un grupo de mineros se fue, pues no le rinde minar aun con el precio actual.

Este es el ciclo de vida natural de Bitcoin, nadie debe sorprenderse. Todo acontece de la manera que se esperaba, a veces hasta asombra, pero funciona.

Either way LN is optional, you can use it or not if you want. In my opinion, i should not be used except in the exceptional circumstance that you need an instant payment. Most payments don't need to be instant, people commonly wait hours or days for wire transfers.

And, it is currently not recommended for large sums (and may not be desirable for that anyway).

Happy halving i guess. Well i though for a moment that it was Slushpool but no, it had to be the Chinese overlords... Ah well.

The price has been very good, remarkably stable. I hope people calm down and see Bitcoin for what it truly is.

I loved this pool the most, people would have earned the most if they moved their miners here, but alas.

Thanks for all these years and effort, the last zero fee pool with transparency will be missed...

Aaand block 630.001 was found Slushpool!

Congratulations! So much for "bad luck" huh?

Yes, this is the very first second block after the halving...

No one is loaning any more money to my country for the past few years, which is good because those in power would keep wasting it and taking some for themselves. Of course Maduro blames capitalism and US imperialism and just adds more zeroes to the State bank accounts to keep paying wages etc like the budget was infinite, because inflation is a capitalist lie from Americans to destroy socialism...

Not unlike Mugabe and the long list of ruling idiots in 40 centuries of human history...

World: 4,018,342 cases, 278,756 deaths, 1,363,698 recoveries.

Venezuela: 402 cases, 10 deaths, 190 recoveries.
Google and Facebook delays physical return to work until 2021
Congressmen warn hasty Florida reopening will produce more deaths.
Washington reports yet another plague of foreign insects, this time moths.
USA: 1,342,476 cases, 79,645 deaths, 189,330 recoveries.
Japan confirms antibody that can suppress coronavirus.
Japan: 15,663 cases, 606 deaths, 5,906 recoveries.
Ecuador: 29,071 cases, 1,717 deaths, 3,433 recoveries.
Deaths in italy slow down to "only" 194 a day...
376 people related to the Mafia released among wave of prisoners getting pardon because of the virus.
Italy: 218,268 cases, 30,395 deaths, 103,031 recoveries.
UK considers forced quarantine to travelers coming in.
UK: 215,260 cases, 31,587 deaths.
Moscow with over 100 thousand cases and a thousand deaths.
Russian scientist: COVID-19 will remain forever with us because we didn't contain it.
Trump offers aid to Putin after number of cases increase.
Russia: 198,676 cases, 1,827 deaths, 31,916 recoveries.
China authorizes reopening of closed spaces and lowed emergency level
China: 82,887 cases, 4,633 deaths, 78,046 recoveries.
France with over 26 thousand deaths.
Airfrance-KLM group lost 1800 million € in the first quarter of the year.
France: 138,854 cases, 26,310 deaths, 56,038 recoveries.
Netherlands: 42,382 cases, 5,422 deaths.
Mexico stops all beer production, not just Corona beer.
Mexico: 33,460 cases, 3,353 deaths, recoveries.

Places leading deaths per million inhabitants:

• San Marino 1220
• Belgica 741
• Andorra 606
• Spain 558
• Italy 501
• UK 470
• France 386
• Sint Maarten 345
• Netherlands 307
• Sweden 307
• Ireland 285
• Isle of Man 276
• Jersey 234
• USA 234
• Guernsey 206
• Montserrat 200
• Switzerland 177
• Luxembourg 160
• Canada 118
• Bermuda 109

Yes there are countries where organized prostitution is legal, and the State even licenses and health checks the establishment.

However, regarding COVID-19, this is absurd. If a single infected enters the place, it will very likely spread to everybody else in there. This is the same to any kind of place where people visit; it is pointless to make people sit away from each other inside, when everyone is getting in and out thru the same corridor, where a single sneeze or cough could very well spread the virus to everyone else walking the same path later...

No, this is one of those things that should remain closed until the pandemic is over, unless you do the same as with restaurants: Delivery only... (and hope the person isn't infected).

And yes, i know this might be shocking to some, but look at wikipedia.

Its like drugs. Just because they are legal in some place, doesn't mean everyone is doing it. Do not prejudice people...

Granted, in that kind of place, there are other types of virus you should be more worried about, many without a cure or vaccine...

Pendrak, there are two logs. I think one is kernel and the other is system, please try pasting both of them.

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faheshang Your results are awesome, thanks!

Lets hope we can get some more people to match your results.

Yo siempre uso 1 Sat/B. ¿Que mas da si tarda un par de horas o un par de días? Bueno este fue un caso mas poco común, pero si puede pasar. Tal como dijeron si quien lo envía no tiene mala intención de ejecutar un doble gasto, no es nada de preocuparse tarde lo que tarde.

Vean las alternativas, ¿como haces llegar dólares a Cuba? Si no tenía ni 2 días cuando escribió el mensaje...

Mira yo conozco otra isla del caribe, donde una transferencia bancaria en su propia moneda, de un banco a otro, suele demorar UNA SEMANA. No hablemos de depósitos en dólares que se hagan efectivos en moneda local (y viceversa está restringido).

Y es verdad, a estas alturas todos deberían usar direcciones bech32 (native segwit, las que comienzan por bc1...)

Y en estos momentos esas tasas de interés están en 0% tras la impresión (o emisión inorgánica) de al menos 3 mil billones de dólares para usarlo en "ayudas" con la intención de paliar los efectos del virus.

China lo único que tiene que hacer es no seguir el juego, que es devaluar junto al dólar lo cual endurece su moneda pero los debilita comercialmente frente al mundo. Los Chinos con mayor poder adquisitivo pueden comprar productos extranjeros mas barato que los extranjeros comprar productos chinos.

Siempre que el Estado interviene la economía, termina produciendo un efecto peor al cual alegan "combatir". La "guerra" la declaró Trump cuando llegó a la casa Blanca, y esta devaluación acelerada del dólar forma parte de la misma.

Sin embargo los países se siguen rigiendo dogmáticamente de las reglas de la escuela de economía de Chicago, y caerán juntos. A ninguno se le ocurrió adoptar bitcoin porque le tienen miedo a una moneda que no pierde valor en el tiempo. Romper con la escuela de Chicago y adoptar bitcoin necesariamente implica irse por la escuela Austríaca, un grupo que tiene al mundo mas de un siglo diciéndoles "se los dije"...

Quizás con la caída conjunta de todas las fiat del mundo tras la crisis económica producto del Covid-19, finalmente otros aprendan que la sólida pero lenta economía del ahorro es mejor que la frágil pero rápida economía de la deuda, productora de eternos ciclos de burbujas y estallidos.

¿Y porqué será que no enseñan mas sobre la escuela Austríaca en el mundo? Pues por esos dogmas que el típico economista le tiene a los postulados de la escuela imperante de Chicago, no vaya ser que la gente se entere de la verdad y tire a la basura sus fiat y la banca con su reserva fraccionaria...

¿Que china emite una altcoin? No nos dice nada mientras sigan teniendo control sobre la misma, control por ejemplo de cambiar sus reglas de la noche a la mañana, cosa que no se le puede hacer a Bitcoin.

El punto central de Bitcoin is arrancarle a los pocos el poder de controlarla a su antojo. Una separación total. En un mundo ideal, desaparece la política monetaria y Bitcoin es esta moneda que ningún político puede cambiar a su antojo. Vean que muchas altcoin padecen de este mismo problema...