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161  Economy / Service Discussion / Re: HashOcean disapeared and scammed 700,000 users ? ! on: June 26, 2016, 02:38:50 PM
All the news and rumours are just trying get everyone confused. This site is undoubtedly a scam. Early "investors might have got their ROI but the rest would have lost all their bitcoins.

There will be more and more this kind of scams coming out so beware!
162  Bitcoin / Bitcoin Discussion / Re: Best bitcoin movies according to IMDB on: June 26, 2016, 01:07:31 PM
I guess most people have not seen the movie yet. Maybe the producer can advertise more and allow online watch at the price (in bitcoin of course!). However, I think it will be great to have it free for everyone- many more people will get to know about bitcoin and understand it better!
163  Bitcoin / Bitcoin Discussion / Fee for 420,000th block on: June 26, 2016, 12:55:08 PM
The coming reward halving is a historical moment, so I am thinking of sending some bitcoin to a charity organization and have the transaction recorded in the very first block after or very last block before the reward halving happens...

What is the recommended fee for my transaction, so as to increase the priority and have a higher chance of achieving that?
164  Bitcoin / Bitcoin Discussion / Re: Oh Fuck! - This asshole published my private key! on: June 26, 2016, 06:26:13 AM
Crisis!!! Oh well, he can do what he wants but he is just wasting his time. Good luck for finding one collision.

165  Bitcoin / Bitcoin Discussion / Re: As Global Currencies Plunge Over Brexit, Investors Turn to Bitcoin on: June 26, 2016, 01:11:04 AM
I don't really think investors rushed to Bitcoin... Investors slowly crawled towards Bitcoin when Brexit started to be talked about. The raise in price was most likely made by people taking advantage of Brexit... Meaning Brexit didn't create the price bump, the price bump was created by traders due to decreased confidence in the pound Cheesy

After the vote results Bitcoin did climb a bit while the pound tumbled.

These are so-called knee jerk reactions. Two more years to Brexit so things do not change overnight. However, we now have another factor supporting the growth for the coming days...
166  Other / Off-topic / Re: Would you like to receive your salary in BTC? on: June 25, 2016, 08:46:46 AM
If you are a BTC lover, would you one day like to get your paycheck 100% in BTC?

Personally I won't. Because many facilities in my area doesn't support BTC payment. Smiley I do not mind receiving, say, 20% of my pay in BTC denomination.

This is my dream one day! Unfortunately I still need to pay for my bread and my kids school fees in fiat. They are in government-sponsored school so the government is not too keen in receiving bitcoin yet.
167  Bitcoin / Bitcoin Discussion / Re: Working Opportunities in Hong Kong - Blockchain Software Developers on: June 25, 2016, 08:42:05 AM
I do have some programming skill, however, I have a full time job and I am not located in Hong Kong. May I still apply? Any information regarding the nature of the software/platform you are trying to develop? Bitcoin related or other alt-coin?
168  Bitcoin / Bitcoin Discussion / Re: Segregated Witness has been merged! on: June 25, 2016, 08:30:35 AM
Sorry for being naive... I understand Seg Wit will help bitcoin to scale... Just curious: Is bitcoin the first crypto-coin with Seg-Wit or has any other Alt-coin incorporated Seg Wit?
Pretty sure that it is the first. Segwit has been tested in multiple testnets though and in a completely separate Elements Sidechain.

Look like bitcoin is still the fore-runner in the blockchain technology. With such a strong team backing bitcoin, we are in good shape to face the challenges from mainstream adoption. I will update my Bitcoin-qt core tonight!
169  Economy / Speculation / Re: CIRCLE EXPANDS TO CHINA on: June 25, 2016, 08:27:33 AM
I hope Circle can survive the tough regulatory environment in China. By expanding into China, things will get a lot more complex, for example the transferred of funds in/out will be tightly monitored. AWL rules/regulation will be different and culture is another killer....
170  Economy / Economics / Re: Brexit: Gold Might be a Better Bet Than BTC for a While on: June 25, 2016, 08:23:50 AM
I think these are just knee jerk reactions to the result of Brexit. The date is still not set and there is still about 2 more years before UK truly leave EU. Uncertainty is before us but changes will happen gradually.


Although there are two more years to go, things are really different now. Imagine after telling your boss you are leaving your job in 1 month, the way your boss treat you will be very different in the last 1 month...
171  Economy / Currency exchange / Re: I am selling my bitcoin on: June 25, 2016, 08:21:27 AM
I suggest you may seek help from the local government hospital first. Usually it is much cheaper and you can make payment later on. No need to sell the coin in such a hurry. Good luck and have a speedy recovery.
172  Bitcoin / Mining speculation / Re: Thinking Of Going Into Bitcoin Mining on: June 25, 2016, 08:18:31 AM
Recently, i have been reading book's, researches & video's about bitcoin mining.

At the initial stage i donot want to go deep into the mining or development aspect of the task but, right now based on researched which i have made few days ago i will not just be contented with bitcoins trading. i want to go deeper.

So, my first project will be setting up own mining spot in rome. I already have  sufficient space for this project.
And, my second task will involve building bitcoin mining farm in Africa (nigeria) considering the cost of electricity in africa.

Setting up such project will require a lot of work at the initial stage but, the ROI outweight the expenses once this has been set-up.

Any useful idea's, resources,training,partnership to help me accomplish this will be highly appreciated. Cool Cool

Thanks
Arlene

My advice is to abandon the idea of going into mining, unless you know what you are doing. Bitcoin trading is already exciting enough. It is extremely difficult to compete with the Chinese for the block reward and the reward is going to half in no time. Think thrice!
173  Bitcoin / Bitcoin Discussion / Re: Again spam-attack on Bitcoin network? 22.06.2016 on: June 25, 2016, 08:16:06 AM
Although these are not micro-micro transaction, they are still very small. I think someone is trying to flood the mempool. Did a google search on the address and found a hint that it might be related to a scam site call BitcoinDubler....
174  Alternate cryptocurrencies / Altcoin Discussion / Re: Can coins like Monero challenge Bitcoin? on: June 25, 2016, 08:13:19 AM
I did play with Monero for a while and don't find it any useful. No one accepts it and there is no strong network effect like bitcoin or litecoin. We know there is no strong team to support its development. Totally agree that most alt-coins, like Monero, are distractions.
175  Bitcoin / Bitcoin Discussion / Re: Incentives for Core, Classic, XT and Unlimited on: June 22, 2016, 02:22:07 PM
I used to run a Classic node to support the network. However, as I need to travel a bit due to work, I usually turn off my computer when I was away. After sometime, I feel like my contribution is low- most of the time spent just to catch up with the current block.

 
176  Bitcoin / Development & Technical Discussion / Re: Transfer Fees on: June 21, 2016, 12:38:24 PM
Usually, fee of 100 bits should be sufficient for most transactions. However, when your transaction consists of many of inputs, the fee needed will be higher.

I use Coinbase a lot for transactions so most of the time the fee is absorbed by Coinbase- which is really useful especially when I do not have much coins.
177  Bitcoin / Bitcoin Discussion / Re: Have you ever paid more than $700/BTC for any amount of Bitcoin? on: June 21, 2016, 12:04:38 AM
I bought some when it was very high like $1000. Then stop buying until it reached about $250... So my average is about $600... I am green now!
178  Bitcoin / Bitcoin Discussion / Re: The geeks are the new millionaires in this digital age. on: June 20, 2016, 04:27:03 AM
I think through the many ups and downs since bitcoin was given a price, many early holders might have sold their coins when they came across the "all-time high", without knowing the higher price in the future. I guess very few of them still holding their coins. So we might just see a few sudden multibillionaires pop up.

However, they will eventually need to spend those coins right? I guess this will help to redistribute those early coins to the late adopters.
179  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin and Ethereum fan art on: June 19, 2016, 05:25:42 PM
Hi,

I've recently made some paintings (acrylic on canvas) about Bitcoin and Ethereum.
Some people, on Reddit, appreciated my works and suggested me to create some tshirts.
I am not good in this things, so I just decided to share with everyone the images in large format of some of my works.
Feel free to use them if you want to print a poster, tshirt or whatever you want Wink

https://i.imgur.com/aaRBybm.jpg
https://i.imgur.com/fc21RT3.jpg
https://i.imgur.com/3nQdWkM.jpg
https://i.imgur.com/jzUGwNg.jpg

If you appreciate maybe make a small donation  Grin


Great job! Although I am not a fan of Ethereum, I find the three pictures very outstanding. Do you have more for bitcoin/blockchain?
180  Bitcoin / Bitcoin Discussion / Re: Bitcoin Cyber Crime on: June 19, 2016, 05:21:28 PM
I think the most common crime related to bitcoin is extortion and ransomware. It is hard to stop these when many of the victims usually willing to pay...
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