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15981  Bitcoin / Bitcoin Discussion / Re: What Happens If China Bans Bitcoin Mining? on: January 11, 2018, 05:32:28 AM
first of all China can not ban bitcoin mining because of how corrupt their whole country is. all these mining farms are feeding lots of people including government officials! additionally most of what you see from hashrate that is called "China" is not Chinese mining farms but Chinese mining pools. and pools have their servers in different places, even outside of China making it impossible to shut down.

and if some day they did shut it down with some miracle, if the mining distribution is like today still, it will affect the bitcoin market. we may see a drop but it is not a long term effect by any means. just like them banning exchanges for some time!
15982  Bitcoin / Bitcoin Discussion / Re: Is Korea official banned all trading cryptocurrency? on: January 11, 2018, 05:25:42 AM
there is always some kind of bill being prepared to suggest banning of cryptocurrencies. in fact i have seen such bills in almost all countries. the other day someone here said we should ban bitcoin and cryptocurrencies just because they don't match our financial system and another one said we should adopt them ourselves in the central bank so that we don't fall behind.

none of these matter until the court accepts them and then turn into law.
15983  Bitcoin / Bitcoin Discussion / Re: Increasing Bitcoin supply on: January 11, 2018, 05:12:49 AM
I am asking this question for my knowledge as I don't know the real fact as a newbie, We know that Bitcoin has limited supply compare to new altercoins, As the supply is not too big, Bitcoin price has become very high, My question is ,Is it impossible to increase the bitcoin supply mining new bitcoins further more ?  Thanks in advance
Doing such thing would be going directly against the decision of satoshi who programmed it to be 21 million coins.It is due to this reason, bitcoin is completely free from inflation. People keep trust in it as it's value would increase more in future.Otherwise,just like US dollar, bitcoin value also would get decreased.

you are correct about the second part, the deflation and the limit. but you are wrong about first part. Satoshi's  decision doesn't matter one bit, so does any other individual's decision. we are talking about a decentralized system and such systems work based on the consensus of the whole system (all the users that are involved in it) not decision of some individual(s).
15984  Bitcoin / Electrum / Re: Electrum BUG - all Bitcoins stolen on: January 10, 2018, 10:34:46 AM
are you just sharing a news link or did you actually lose bitcoin? and by the way the site is just addressing the same issue as the sticky warning on top of bitcointalk: https://bitcointalk.org/index.php?topic=2702103.0 about the JSONRPC from versions 2.6 till new releases that fixed it.

in case you actually lost bitcoin, would you mind telling us why you think this is the reason you lost bitcoin and not the fact that you didn't have password set on your wallet? because it may as well have been a simple malware that stole the file itself. something like a keylogger but a little advanced.
15985  Economy / Speculation / Re: Here's how it's going to go down. on: January 10, 2018, 10:27:25 AM
wow, that is a wild speculation you have there!

you are practically saying that bitcoin is going to get dumped -66% and not exactly explaining why, you just practically say that bitcoin will "fall apart" just like that. and then you say it will rise up +300% out of nowhere just because some people sell at the bottom! and again i can't understand "why" you think this can happen!

the charts are going to look funny if that happens though Cheesy
Were way up at the top of the bubble so a move down doesnt really need an explanation - just profit taking. Then the move back up happens because there is always a brand new buyer waiting to enter at lower levels, forcing everyone else to rebuy at higher levels.

yeah it does need an explanation!
maybe it is clear to you but it is not clear to me how we are "still near the top of the bubble". you are ignoring the fact that bitcoin lost 43% of its value after the top of the ATH or bubble if you like, and it is still a bubble.

irrational things happen with bitcoin all the time, but prediction an irrational thing to happen like this is weird...
15986  Economy / Speculation / Re: Here's how it's going to go down. on: January 10, 2018, 06:28:24 AM
wow, that is a wild speculation you have there!

you are practically saying that bitcoin is going to get dumped -66% and not exactly explaining why, you just practically say that bitcoin will "fall apart" just like that. and then you say it will rise up +300% out of nowhere just because some people sell at the bottom! and again i can't understand "why" you think this can happen!

the charts are going to look funny if that happens though Cheesy
15987  Bitcoin / Electrum / Re: Windows Defender prevent running Electrum 3.0.4 on: January 10, 2018, 06:16:44 AM
Windows Defender SmartScreen prevented an unrecognized app from starting. Running this app might put your PC at risk.

translation:
Microsoft: "the publisher of the program you are trying to install has not paid us, so we don't recognize them".

it is a Code Signing Certificate that the publishers can purchase and use that to digitally sign their released applications. it costs something as low as $80 if i am not mistaken and doesn't really do anything if you ask me when we have PGP signatures which are more secure.
15988  Bitcoin / Electrum / Re: Another deletion question (wallet temp files) on: January 10, 2018, 06:02:19 AM
i am not sure why you are seeing these files and what they are, but what i can tell you is that all you need is your seed words. write them down on a piece of paper and even if you delete something that you shouldn't have deleted like your wallet file then you can always recover it from seed.

have you tried opening these files to see their contents?
15989  Bitcoin / Bitcoin Discussion / Re: Things You Want To Change In Bitcoin? on: January 10, 2018, 05:39:27 AM
Considering the way it is now, what are the things you want to change with Bitcoin? Or do you think it is already good the way it is and it should be the implementation that should matter most?

you can't change a system as big as bitcoin. when it is worth this much money and has lots of people involved. and we are talking about a decentralized system not something that only has users using it but users who are involved and are shaping it!

so far i am all for the second layer solution for bitcoin and despite all the false information and FUD that is flying around i can see how it can be helping bitcoin future. but also i can't see the block size staying at 1 MB either. with on chain scaling we can make going in and out of LN possible, otherwise you have to pay a lot of money to enter/exit LN.
15990  Economy / Trading Discussion / Re: Trading Platforms of the future on: January 09, 2018, 06:01:41 AM
the future of trading platforms is in more decentralization. the current existing exchanges are nearly obsolete and they don't match the decentralized nature of cryptocurrencies such as bitcoin. we need them to become more decentralized.
and it has already been started too. there are many projects (which sadly are not so popular) working on this goal right now. and i believe with side chains growing this year we may see a big growth in decentralized exchanges too because it makes things easier and more secure.
15991  Bitcoin / Electrum / Re: Unconfirm parent on: January 09, 2018, 05:48:29 AM
the "parent" transaction is paying 52 satoshi per byte and your transaction is paying 38 satoshi per byte. both of these fees are extremely low. current suggested fee is 540 satoshi/byte[1] you may be lucky with 200-300 too but not a chance with that low a fee.

you can not cancel a transaction. what you can do is either wait a very long time (it can be months to never) for it to confirm or since your transactions are opt-in RBF you can increase the fees to get them confirmed faster.

[1] https://bitcoinfees.earn.com/
15992  Bitcoin / Wallet software / Re: Time to move from Electrum on: January 09, 2018, 05:36:32 AM
another option?

ingredients:
  • pen/pencil for writing: 1
  • paper to write on: as much as rquired
  • 16-sided hexadecimal dice: 1
  • an even ground to roll the dice 64 times: as big as possible!

congratulations you now own a private key. not to get your bitcoin address you need:
  • some tool to convert the hexadecimal result to a bitcoin address.
  • a DVD with live linux to run that tool

now you are only trusting ECDSA and hashes to be safe. Grin
15993  Economy / Speculation / Re: Bubble closer than you think? on: January 09, 2018, 05:21:03 AM
but we already had a nearly 40% crash. how many more do you want? for some people it seems to me like they want bitcoin to crash 80-90% and go down to something like $100 so that they can start calling it a "crash" and believe there no longer is any bubble! which is pretty weird to be honest.

the safe bet is to sell a small amount so that you feel good about yourself if price went down but not get fucked if it didn't go down and stayed here or continued rising more.
15994  Bitcoin / Bitcoin Discussion / Re: What do you say to the naysayers even now as BTC and Crypto reaches $1Trillion? on: January 09, 2018, 05:01:20 AM
the critics that are criticizing the total market cap of all the cryptocurrencies have a good point criticizing it because as it was said the total market cap of all the crytocurrencies is mainly fake because there are huge number of shitcoins with lots of fake "circulating supply". most of them have premines and other shenanigans to increase their supply. and when a coin with only $2 price has half the market cap of bitcoin with $15000+ price you should know there is something wrong there...
15995  Bitcoin / Bitcoin Discussion / Re: Hard to sign-up on exchanges on: January 09, 2018, 04:19:24 AM
all the possibilities that you mentioned are true but so far they have also been true all this time and none of them changed anything. there are still a couple of big exchanges that nobody seems to want to move away from and they are not the best services either! some of them even cause a lot of issues for their customers and they even lose money because of them, like the server problems on poloniex where you see others dumping but your orders never go through!

i am personally hoping for decentralized exchanges to become bigger and more popular but then again i have had this wish for about 2 years now.
15996  Bitcoin / Bitcoin Discussion / Re: Reason behind sudden market crash.. on: January 09, 2018, 04:14:39 AM
that is what happens when you over-pump a bunch of shitcoins and a lot of newbies start running to pour their money (that they took out of bitcoin) into those shitcoins. they get pumped big and then they will tank big also.
you can not avoid the dumping that comes after these types of pumps. the Korean exchange thing is just an excuse that initiated it. it is more like the last straw that broke the camel's back.
15997  Bitcoin / Bitcoin Technical Support / Re: 4 year old 600 BTC transaction unconfirmed? Help! on: January 08, 2018, 05:35:05 AM
Can it be that the transaction was simply rejected + forgotten, voiding it and its related ID's? Speaking of bad luck.

no, your transaction was not valid to begin with. it was spending a transaction with currently does not exist which means that transaction was rejected or forgotten so your transaction became invalid.

if this was really 4 years ago, then the only possibility i can think of is that the first transaction had some issue like being non-standard so it didn't confirm.

raw tx hex:
01000000016701ce5cf4693164eb45b623352fb9b0c8a1e723bcc94d3e5295a04ac6507a1c
000000006b483045022005c7ebadfd626d3ec4764270627c16e0d60531f20a64bc1dc884df6ae7b 00165022100d2127bbfcb77ec57e963aabf6716ba54ad1e88e6918e4e5d63e9b81c4008ce300121 02192baf4aee7cd765a07f4449bb4a64c6bf975e49e8916faf650838b125b9c974
ffffffff02efe11bb8e30400001976a91461f7e283237c0765b9423c9cbfb9278e690cdcb588ace 85545d40d0000001976a9141b0304e520cc4200e1c8688038c19d1363dec4eb88ac00000000

the bold parts are the first transaction which this transaction is spending:
Code:
1c7a50c64aa095523e4dc9bc23e7a1c8b0b92f3523b645eb643169f45cce0167
it does not exist.

and the public key of the sender
Code:
02192baf4aee7cd765a07f4449bb4a64c6bf975e49e8916faf650838b125b9c974
which is this address:
Code:
19w1VwtV9Bfu4Vks2VskqZ7f7GMc1iNaRr
as you can see it has never received anything.
15998  Bitcoin / Electrum / Re: Electrum-3.0.4 [PROBLEM] on: January 08, 2018, 05:19:33 AM
try installing the KB2999226 Windows update as the Electrum.org website suggests.
https://support.microsoft.com/en-us/help/2999226/update-for-universal-c-runtime-in-windows
15999  Bitcoin / Electrum / Re: Critical Security Release: Please update to Electrum 3.0.5 on: January 08, 2018, 05:08:21 AM
Windows blocked the file soon as I tried to open it.

I don't know who to trust now, if even the official website files get blocked.

Also I get the pop up when I open Electrum wallet, http://puu.sh/yWxUb/329776e8f1.png .

your Malwarebyte is not blocking the official website! nor is it blocking Electrum!

what it is blocking is an Electrum server called "us01.hamster.science". and that is a false positive that only Malwarebyte blocks for some reason.
just go to your Network settings (you can click on the circle at the bottom right corner of the Electrum window) and change your server from there. choose any other ones and you are good to go.
16000  Economy / Speculation / Re: The Crypto Noob Moron thread on: January 08, 2018, 04:51:25 AM
it's funny how many of those who are new to bitcoin are starting to invest in altcoins!

there is this forum where i used to visit rather regularly (in my language) and mostly talk in this topic there about bitcoin. answering other people questions about what it is, how wallets work, how blockchain.info is not bitcoin (LOL), ... and whenever i told someone that price will be a lot more than this ($200, $400, even $1200) they said it is a bubble and we are already too late.

now when i visit that forum and look at that topic, it is nearly as big as Wall Observer topic in this board and everyone is talking about some random shitcoin they have found which is going to make them rich...
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