Bitcoin Forum
July 01, 2024, 11:18:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 [808] 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 ... 1160 »
16141  Bitcoin / Bitcoin Discussion / Re: Bizarre news: One of the founders of bitcoin.com has sold all his bitcoin on: December 19, 2017, 05:19:46 AM
Co-founder of bitcoin.com Emil Oldenburg, is extremely skeptical of bitcoin’s future. He calls it the riskiest investment one can make at the moment and blames it on the market liquidity. He also has sold all his bitcoin and switched all of them to bitcoin cash. What do you think of this? Do you think this sort of news will drive people away from bitcoin and it will all fall off one day or he's just paranoid for no reason?

first of all you should know that bitcoin.com is the main advertiser of bitcoin cash. that should clarify whey he "said" he has done what you explained here.

secondly, if you think bitcoin is risky then you should already know that altcoins, specially bitcoin cash are much riskier investments!

and finally selling and diversifying is not a bad thing. bitcoin has risen a lot, it is only wise to sell something to get some profit out. even if you do don't believe all the bubble talk, there is always a tiny chance of a drop. that "tiny chance" is enough for you to re-think your strategies.

and no it will not cause any panic or drive people away, almost everyone knows what they are up to and they are used to people saying weird shit about bitcoin all over the internet. Tongue
16142  Bitcoin / Electrum / Re: Electrum - low fee transaction (to Jaxx wallet) disappeared on: December 19, 2017, 05:12:39 AM
bitcoin is a peer to peer network. this network consists of different computers running an application we call a bitcoin node. when you send a transaction, you are sending it to a bitcoin node. these nodes receive transactions from others and put it in their memory, which we call memory pool or mempool for short. and then they rebroadcast it to others. and that way your transaction propagates throughout the network and usually in matter of seconds.

now here is the thing. each node can decide to accept some transactions and reject some others. for example most nodes set a minimum fee (satoshi/byte) that they are going to reject. so if you send them a transaction that has a low fee they don't accept it.
right now there are more than 170,000 transactions in the mempool. and the size is bigger than 280 MB. so obviously there are many nodes that reject a lot of low fee transactions.

now when you use an SPV wallet like Electrum, you are not a node. you are instead connected to a random node (an Electrum specific node to be exact). and then you send and receive transactions from these nodes.

the reason why your transaction disappeared is that the first time you were connected to a node that accepted your low fee transaction but the next time you ran Electrum, you connected to another node which probably had a higher limit for fee and did not have your transaction in its mempool, that is why when you connected to that node, it told you that you do not have that transaction you were looking for.

that is the same with the block explorers. they also run a full node. some have different settings. for example blockcypher and blockcahin.info reject 0 fee transactions but blockexplorer and smartbit don't. so you see your transaction in one of them and you don't see it in others.

- on BTC.com tracking the replaced tx i see a warning of "double spent" money... this is normal? It will somehow affect my future transactions?

the way RBF works is that you are practically making a new transaction and you are in fact double spending the same output.
this is again because of different Node settings. some of them have implemented RBF so they understand it, and will Replace your transaction By the new one with higher Fee and discard the old one. but some other nodes have not implemented RBF so they only see 2 transactions, they reject the new one because it is a double spend and keep the original.
the block explorers show them as double spend as a warning.
16143  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How Possible that Lost my BCH inside Blockchain.info on: December 19, 2017, 04:50:30 AM
how did you create this "new My Bitcoin wallet" which you transferred your bitcoins to? and when did you do the transfer?

blockchain.info is known to have bugs and their BCH wallet is new so there may be some issues.
if you transferred your bitcoin after the fork then your BCH is still in your old keys and if you transferred it before, then BCH is in the new keys. as long as you have the keys you have both BCH and BTC.

my guess is that when they imported your wallet into BCH wallet, they did it only for one wallet and not the other (the new My Bitcoin Wallet that you created).
contact support and ask them for help but first check your BCH balance here: https://bitcoincash.blockexplorer.com/ to make sure you really have them.
16144  Bitcoin / Bitcoin Discussion / Re: Equivalent of "Tails" for macOS to boot on clean system on: December 19, 2017, 04:40:17 AM
you can use any Linux distribution that you like and then install any wallets on them that you like. for example you can go with the most popular distros such as Ubuntu, Mint, Fedora, Arch, Debian, openSUSE,... and then use popular wallets such as Bitcoin Core, Electrum (which Tails has), Bitaddress.org (the popular paper wallet tool),...
as long as you know how to boot into each of them, you are fine. it doesn't matter what computer you are using and what its current OS is!

Tails is a well known wallet

Tails is NOT a wallet. it is a Linux distribution with focus on privacy.
16145  Economy / Speculation / Bitcoin setting records, $19.8k and half a million blocks milestone on: December 19, 2017, 04:33:46 AM
these past days we have had a new ATH $19,892 for price on Coinbase which is a phenomenal record in history of bitcoin.

but that is not the only one. in case you missed it, recently block #500,000 [1] was mined. that is half a million blocks mined. and with Genesis block [2] on 2009-01-03 that is nearly 9 years of bitcoin being around and still going strong despite all the naysayers and doomsday machines repeating obituaries for bitcoin all this time.

congratulations to all of us pioneers. the early adopters who are starting at the ground floor.

[1] https://blockchain.info/block/00000000000000000024fb37364cbf81fd49cc2d51c09c75c35433c3a1945d04
[2] https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
16146  Bitcoin / Bitcoin Discussion / Re: Reason why eBay/Amazon will Never accept bitcoin on: December 19, 2017, 04:15:38 AM
Ebay, amazon and other companies like them will never accept bitcoin. The main reason:
i wouldn't say never, and the reason you mentioned is not it. the only reason why they have not accepted bitcoin and probably won't for a long time is lack of interest. people are not so willing to spend their bitcoins because of the constant price rise everyone sees bitcoin as a pure investment these days.

Quote
1) There are a lot of scammers in the bitcoin sphere and we know that already.
there are scammers everywhere, saying there are a lot in bitcoin is not right.

Quote
The issue is that is someone is scammed on eBay, for ex, Tony buys a laptop from George. George gets the $ on paypal immediately, but never ships the laptop.
..or he ships the laptop and Tony does a charge back and gets his money back too. and now George has to go beg to Paypal that he was scammed and be patient as Paypal ignores his ass for as long as they want.

try searching how many people are being scammed with Paypal charge back every day.

Quote
After a week or 2, Tony makes a report on ebay, which then takes the $ in George's paypal account to give back to Tony, while also suspending George's account.
~
I'm pretty sure sites as large as eBay and Amazon won't want to deal with the constant reports of "I didn't get this package and my bitcoins are stuck in escrow, can you help me?" etc etc that come with an escrow system, as well as the fear of getting hacked.
so you are saying these large businesses are OK with constant reports of Paypal charge back and scams but they are worried about reports about stuck bitcoin in escrow?!! that doesn't make any sense!
16147  Bitcoin / Bitcoin Discussion / Re: Lost Bitcoin on: December 19, 2017, 04:09:00 AM
~to sweep the paper wallet (which was holding only a bitcoin(BTC)) with the Electron CASH (BCH) wallet.  The Bitcoin (BTC) vanished. 

are you sure your "bitcoin" has vanished?
you are using a bitcoin address in a bitcoin cash wallet. that wallet (being Electron Cash) is obviously showing your Bitcoin Cash balance of the imported address which should be zero!

check your address in a block explorer or import it in a bitcoin wallet (like Electrum) and see if the balance is still there or not.
16148  Bitcoin / Bitcoin Discussion / Re: What Can You Say On Bitcoin's Transaction Cost? on: December 19, 2017, 04:01:53 AM
The solution to this would be the lightning network which has been successfully implemented recently but then I don't know when would that be implemented in the whole network so that this scalability problem would then be solved.

Lightning Network on its own doesn't seem to be capable of solving much, we still need the on-chain scaling. and at this point that can be achieved by more people using SegWit transactions instead of legacy. but that also takes time and also it requires big services such as exchanges and web wallets to implement SegWit.
then later on we will also need a block size increase such as the one SegWit2x was proposing.
16149  Bitcoin / Bitcoin Discussion / Re: SEND CRYPTO PEOPLE TULIPS (when the bubble bursts.) on: December 19, 2017, 03:55:50 AM
you people keep calling bitcoin a bubble for years. even when price was so much lower than this which makes me laugh to think about it! and i bet half of those who call bitcoin a bubble and compare it with Tulips don't even know what they are comparing bitcoin to!
and you know what, even a broken clock is going to tell the time correctly twice a day, so i am sure we are in for a lot of "i told you so" in the near future when eventually a bubble happens and then bursts!
16150  Bitcoin / Bitcoin Discussion / Re: Why is Blockchain not enabling Segwit, but started accepting Bitcoin Cash? on: December 18, 2017, 05:52:48 AM
by "demand" i mean "users keep asking them to add something". they have been badgering blockchain.info to credit their bitcoin cash for a long time now. the support is flooded with people asking them to give it to them, specially after it was pumped.
but i don't see that many asking them, or flooding their support with requests to force them to add SegWit. that is what i meant by lack of demand.
16151  Economy / Trading Discussion / Re: trading on: December 18, 2017, 05:07:43 AM
Does stock trading work the same way as bitcoin trading?

yes and no.
the basics are the same. you do some analysis and then buy low and sell high and pay fees and taxes and everything in between.

but when talking about stocks, you are dealing with a company, you can research it much easier and because it has been years and years that many companies existed and their shares were traded, things are not that unpredictable.
but bitcoin is new, and it is on the way to adoption. it is still pretty similar to a new company (imagine Apple in early years) that is going to the moon. but it is still more unpredictable because it is new.
16152  Bitcoin / Electrum / Re: Electrum: Insuficient Funds BUG on: December 18, 2017, 04:55:44 AM
based on your other post in your post history i am not sure if you are trying to send "from" electrum or from somewhere else "to" electrum and you have this issue here! please clarify that first.

and if it is "from" electrum, as in you have the private keys to the address containing the funds, then tell us what is your wallet type (Standard, Multi-sig, SegWit) and do you have multiple inputs that you are spending (did you receive multiple transactions in your address or is it just 1)?
16153  Bitcoin / Bitcoin Technical Support / Re: Sent a Transaction with only 15 sats/byte on: December 18, 2017, 04:37:00 AM
It will return to the wallet after ~48-72hrs.

no it won't. they increased that time to 2 weeks (336 hr) and transactions don't just fall out of mempool like that.
https://github.com/bitcoin/bitcoin/commit/5f0e27f1a8495d9be43a953bd0371ccbce510105#diff-349fbb003d5ae550a2e8fa658e475880

@OP, you can use a transaction accelerator like this https://pool.viabtc.com/tools/txaccelerator/ but you need to act fast on the hour if you want to get in. read the bottom of the web page for details of how it works.
16154  Economy / Speculation / Re: I don't know when, but I have a fairly idea what could cause the bubble to burst on: December 18, 2017, 04:32:18 AM
if there is a bubble, then it will burst with or without an igniting factor.

and you are forgetting that bittrex is an altcoin exchange which has nothing to do with bitcoin price. they also lost a lot of their market share when they decided to start scamming people and block their funds. so many traders got out just because of this and others are staying away.
an exchange scam needs to happen at once to cause any turbulence in the market not slowly and little by little scamming hundreds at a time.

also remember Cryptsy? they scammed and ran away and nothing happened to bitcoin.
16155  Other / Beginners & Help / Re: Profit or No profit? on: December 18, 2017, 04:18:48 AM
If its at the current market rate, then whats the point of bitcoin if i am not profitting?

two things:

1. you are using a decentralized currency unless that means nothing to you, then why have you even bought bitcoin in first place?

2. imagine you bought $25 worth of bitcoin 1 months ago at $5000, that is 0.005BTC and now you want to buy that shirt for $25. and with current price which is $19000 you have to pay ~0.001316BTC (ignoring all the fees and assuming you can buy $25 worth of bitcoin!)
do you see the profit or not?
16156  Bitcoin / Bitcoin Discussion / Re: Is Forks are helpful For Bitcoin? If forks happen then will price go up? on: December 18, 2017, 04:09:21 AM
Well, after fork people are selling new currency for bitcoins so yeah, price is going up due that  Grin And also there is a chance that something useful would be created, some kind of bitcoin 2.0

when someone sells an altcoin and receives bitcoin in return, that has 0 effect on bitcoin price, specially in price going up!. if anything price may come down because people now have more bitcoin due to the altcoin airdrop which they may want to sell some part of it.

also not a chance in hell a good thing be created like this! they are creating useless junk constantly. if anyone wants to make something good, they would never fork bitcoin with its huge blockchain! instead they would start from scratch.
16157  Bitcoin / Bitcoin Technical Support / Re: (unconfirmed parent) while receiving a transaction? What is this? on: December 18, 2017, 04:02:54 AM
it means the person who sent you bitcoin spent a transaction that was not yet confirmed. the previous transaction has to first confirm before your transaction can be confirmed. depending on how deep this goes, and also how much fee the other transaction (the parent) is paying, it can take a long or short time.

all you can do is to wait. or try using a transaction accelerator like this one: https://pool.viabtc.com/tools/txaccelerator/
16158  Economy / Speculation / Re: Huge increase in Bitcoin price within last two weeks on: December 17, 2017, 05:41:44 AM
you shouldn't just take the lowest price. the $12k price was the bottom of the dip after the correction and some panic sell. the rise was basically started at $16,500 bottom. in that case this rise is a 15% rise which is not that huge when you look at it like that.

with that said, this is bitcoin, it has always risen like this. people FOMO buy a lot. and there are times when there is a surge of new investors.
16159  Bitcoin / Bitcoin Discussion / Re: Be a programmer or gain bitcoin? on: December 17, 2017, 05:12:09 AM
are you seriously asking this question?

being a programmer is a job that you get paid to do! no matter what, as long as you do the job, you will get paid. so you have some sort of financial security as secure as the job you have and the skills you have. even if one job ceases to exist you can get another with your skills and resume.

investing in bitcoin and being a trader is a risky job. today you may make money, tomorrow you may lose. and the next day the exchange you were using to make that money can simply run away with all your funds and leave you homeless! coming back from that is not as easy as coming back from losing your job!
16160  Economy / Speculation / Re: Bubble will occur or Correction...! on: December 17, 2017, 05:06:32 AM
bubbles happen in any market. they don't have to be bad or good. and they don't have to be huge and then burst to annihilate everyone! they are a part and parcel of any market that people buy something and sell it later for profit.
and bubbles in bitcoin are not a new thing. we had at least 5 major bubbles. and the funny thing is the 2013 one ($1200) was not even the biggest one considering the relative rise of previous bubbles.

with that said comparing bitcoin with things like tulips is just dumb. bitcoin being a decentralized cryptocurrency and a revolutionary technology which is changing the financial world and also it has a small and limited supply. and tulip being a useless junk which is neither a revolutionary tech like bitcoin nor with limited supply like bitcoin.
Pages: « 1 ... 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 [808] 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 ... 1160 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!