Maybe, i'm between Russia and USA. Both countries think they deserve it all.
The difference between the US and Russia is that Russia captured a lot of foreign land during the Second World War and today continues to capture the lands of foreign states, and the US has not captured a meter of foreign territory. Article about this difference. What is the need to capture more territory when entire countries are under American military occupation? There are US military bases all over the world, in almost all the continents (perhaps with the exception of Antarctica). |
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Another block was mined by BTC.TOP (474024) a few minutes back, and they included some transactions with tx fee of less than 0.5 Sat / Byte. But still the other mining pools such as AntPool and BTC.com are refraining from doing the same. It is quite possible that at least some of the zero-fee transactions will get cleared today.
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Looks like the number of transactions have gone down. And look at the block 474015, which was mined by BTC.TOP. They have included all the transactions which paid a fee of greater than 0.524 sat/Byte. They might have included zero fee transactions also, but the size ran out.
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this is only bad in my opinion because it proves one thing and shows a couple of more bad things. first it proves once again that there was in fact a spam attack causing this massive backlog. and it then shows that how mining pools are ignoring the transactions with low fees and only mine those that have high enough fee for them. because if you look at the number of unconfirmed transactions during this time it never reached zero or near zero. it has always been above 5K but when there is no more high fee transactions they MUST include all the low fee and zero fee transactions. and apparently they choose not to! for example right now there is 8800 unconfirmed tx but last block picked up 1349 or 695 kB of them. p.s. there is no migrating when there is nowhere to migrate to  Just proves that the miners have got too greedy and are doing things which are detrimental to the future of the Bitcoin. Transaction fee must be 100% voluntary. The miners are getting rewarded for their efforts, in the form of block reward (12.5 BTC right now). They can't ask for fixed fee from the users. And look at this one: https://blockchain.info/block/0000000000000000008d3c22afe2c44b7c503acdcbfe852d64342136bd37a087A block of just 18KB! |
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Accepting bitcoin for food services does not seem realistic to me. The reason is obvious. How can you expect your transaction to get confirmed after you ordered something? There is a very simple workaround really They could just use a well-established web wallet like Coinbase or Xapo (or whatever other wallets are there), and thus they may demand their Bitcoin customers to use such wallets too. Obviously, transactions inside these wallets are off-chain, therefore they are instant and require no fees. If you are a regular customer of these eateries, it might make sense to keep some pocket money in one of these wallets even if you are whole-heartedly against using them ("be your own bank" and that kind of thing). Even with the introduction of LN and further improvements, this type of payment may still prevail for its simplicity, reliability, and ease of use I haven't yet tried either Xapo or Coinbase. So I am not that aware of the fees charged by these wallets/exchanges. How much do they charge for sending coins from one user to another? If it is something like $0.10, then it should be OK. But anything more than that will be very unattractive. |
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SegWit2x intention peaked at 89% today. I hope it gets activated soon. This drama is reaching diva proportions.
The 89% rate which you are mentioning is just the "intention". They are not implementing it right now. The implementation date is still a few weeks away. I hope that the support levels will remain at this level until the implementation is finished, but yesterday I noticed it dipping below 80% for a few hours. |
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It makes no sense for the banks to accept Bitcoin payments. Because most of the banks are afraid that the widespread adoption of Bitcoins can harm their business, through the decreased usage of online banking and credit cards. I know instances where bank accounts were frozen, just because the account holder used them to purchase BTC.
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In my country there is very less people know about bitcoin because its known by the people believe in online earning and online money . After recent 6 months there is lots of investment coming on lots of local exchanges. Again its very less may be around 1% to 3% i don't have exact data.
Are you from India? The percentage penetration doesn't matter much. Even if 0.1% of the Indians use Bitcoins, the number will come to around 1.3 million. It is huge. The same with China as well. And as far as I know, the growth in the number of Bitcoin users is very encouraging in India. |
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NO, you can not do that because wallet will not allow you to do that and if there is some bug and it allows you to do that, your transaction will never be proceeded and your money will be stuck for many days
It is possible to send the coins without any fee, if you are using a wallet which allows you to manually set the tx fee (such as Blockchain.info). But there is very little chance that the transaction will get confirmed. Most probably, the coins will be stuck for many days, and they will be returned to the sender address after that. |
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It won't be a bad idea to allow payments with Bitcoin in the massage parlors. But I heard that the tourism is down there, ever since the new king (Maha Vajiralongkorn) was coronated. He ordered most of the night clubs and pubs to close down. What is the point in visiting Thailand, if the nightclubs are not operating?
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Dashjr claims that 1 MB block size has been dangerous to Bitcoin and wants it to get reduced. Tells a lot about this guy. I believe that he has invested quite heavily in the alts such as Ethereum, and want to crash the Bitcoin exchange rates. If he claims that 1MB has caused a lot of harm, then let him give the evidence to prove the same.
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None of the exchanges which I use has reduced their withdrawal fee. A few days back, I made a withdrawal from YoBit, and the default fee was BTC0.0015 (around $4.00 at current exchange rates). Kraken and Bitstamp are also charging similar withdrawal fees, although I am not sure about the other exchanges such as BTC-e and Bitfinex.
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IMO, the religiosity is increasing in the world. The population is declining in secular nations such as China, Japan, France, Germany.etc and is increasing in ultra-religious regions such as Pakistan, GCC, Sub-Saharan Africa.etc. Even a lot of immigrants are coming to the western nations from the religious nations.
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The first five places of this rating, which is compiled annually, since 2007, consistently Iceland, Denmark, New Zealand, Canada and Japan.
Surprising to see Canada up there in the top five. Some of my friends are from Canada, and they frequently complain about high crime rates. But I agree with the remaining four. Japan is the safest country, having a population of more than 140 million. The others are small nations with a population of only a few million. |
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For me, the primary advantage in having Bitcoin over fiat cash is that the former is protected against inflation, while the latter is not so. The purchasing power of Bitcoin remains constant, while that of fiat cash declines over time. Ease of storage is another plus point with Bitcoins.
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How can a currency end poverty around the world? There are certain positives attached with Bitcoin, which can help the common people. For example, Bitcoin makes it extremely hard for the governments to confiscate the wealth of the citizens. Also, it can be useful in ending over-exploitation by the bankers. But if someone doesn't have any money to start with, how can BTC benefit him?
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I will never use a second hand hardware wallet, under any circumstances. I know that these wallets are not cheap (for example, Trezor costs around $100 per piece). But if you have coins worth $20,000 or $30,000 with you, then what is wrong in spending 0.5% of that for a permanent storage solution?
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There is no fixed transaction fee. Nor there is any mandatory minimum fee for these transactions. It all depends on the number and total size of the outstanding transactions, which can be viewed here: https://blockchain.info/unconfirmed-transactionsAs you can see, the total volume of the outstanding (i.e unconfirmed) transactions amount to around 25 MB. |
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Hi I bought bitcoin at bitcoin.de. Should I create a wallet now?
I want to buy some coins at Livecoin so I'm not sure if I can save some taxes if I transfer them from bitcoin.de directly instead of creating a new wallet. Please don't keep any of your coins in exchange sites such as Bitcoin.de. Exchange sites are meant only for trading. They are not supposed to be used for holding your Bitcoins. For the latter purpose, I would suggest Blockchain.info. Taking backups are easy, and you can set the tx fee manually if you need to send BTC to someone. |
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The OP should have removed "both" option from the poll. It would have been interesting to know how many people regard Bitcoin primarily as a currency (which can be used for investment purposes as well). For me, right now it is like an investment asset. But as time progresses and more people began using it, the exchange rates will stabilize and it will act more like a currency.
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