Electrum is the only one as far as I know. I know that both Trezor and Coinomi (which should come soon) are working on bech32. I'd expect everyone to switch it as soon as Bitcoin core 0.16.0 is released, including exchanges.
I certainly hope so. I still haven't properly used my own bech32 address yet, though I've already had a little bit of fun sending from it and getting curious questions about the spending address. just remember that private keys that Electrum generates for Bech32 addresses have an additional version in them which makes it simple for the wallet (Electrum itself) to differentiate between address types when you import a private key.
but that also means this private key can not simply be imported in other wallets. you will have to do a little conversion if you some day wanted to import your private keys in another wallet. unless they follow Electrum which is not happening since Bitcoin Core is not doing this.
That's also a useful bit of info to include in the list, actually. And it's things like that that determine decisions now. Seems like another reason for me to hold off on full native. Hopefully core .16 will take that decision, though I'm sure there would be solid reasons if not. |
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Looks like last week's Champs League luck didn't follow me to this week. Lost both bets last night, Barca scored a goal shy for me to win, and Bayern 2 goals too many. And yet it all looked so hopeful at half time! Chelsea did play Willian as I thought, he's on superb form at the moment, so unlucky to hit both posts before half time. Currently Chelsea's most likely to win "man possessed" award. big match today Chelsea against Barcelona although for first leg match Chelsea as the host but the odds for them is more high than Barcelona which mean most of people still considering Barcelona still the best and following from people predictions for this match i would like to pick Barcelona ML with the odds @1.99 at onehash.com
You need a new bookie... even nitrogensports had it at 2.15, my bookie at 2.17. That's almost a 10% advantage on money's worth. Think Barcelona is overpriced
Bet: Chelsea DNB (AH)0
It definitely was, which is why the simple ML bet was irresistible, you look to have made the wisest DNB for Chelsea, almost won it too. |
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Nice list to start it off! Perhaps a good idea to further specify which wallets also support native SegWit (them pretty bech32 addresses). As far as I know, that's only Electrum (which actually still supports everything else available). I've read people successfully creating native Segwit wallets with Trezor but not via the GUI.
Does anyone know of any other wallet actually doing this? Reason I think is, if we want to encourage people to switch, they might as well go full native if they don't have anything holding them back right?
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Today's hot match is Barcelona vs Chelsea.It's really difficult to predict which team is gonna win but I think both team has the ability to win this match.Barcelona showing their superiority on La liga and Chelsea also doing well in EPL.Chelsea will get home advantage today.Till.now messi couldn't scored against Chelsea but I hope He will broke Chelsea defense today.No doubt an exciting match is going to happen today.I am really excited to watch this battle.I will bet for Barcelona because I think in this season they are unstoppable.
Yeah, it's really the only match worth watching tonight and I'll be ignoring all the single bets for the Bayern game (@1.1 for ML and only @1.9 for over 3 goals?). Barca's unbeaten in La Liga and Chelsea have had a torrid year so far but this match should see both leave their domestic form back in their leagues, the Champions League is always a different beast. It will be so tight and Chelsea's style will be much more comfortable with dealing with Spain's best at the moment, but I'm counting on Suarez to deliver the goods from Messi's magic. Conte will be tempted to fire with Willian after his recent performance but I think he should just stick with whoever's the fittest and try to outmuscle Barca in midfield. My prediction: a 2-1 away victory. Two even bets: 1. on the straight ML Barca @2.15 2. a nice acca on Barca to win @2.15 and Under 4 goals for Besiktas/Bayern @1.56 for total of @3.38. |
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You should take into account the possiblity that Bitcoin will be trading for a much higher
BTC/USD price by then. The block reward halving in 2020 reduces the sell pressure on the BTC
market and therefore high price levels will be able to be sustained more easily.
Therefore mining may actually be more profitable (or at least equally profitable, because the mining
market is highly competitive and in consequence often ends up in an equilibrium) in 2020 than it is now.
E.g. if 1 Bitcoin is trading for 60k $ by then the miners may actually make similar amounts of money as they
are making now even if the block reward is reduced by 50 %. The fiat price of BTC is obviously relevant, because
miners have to pay most expenses in fiat currency (electricity, staff, hardware...).
The incentive system of Bitcoin worked amazing for nearly a decade and I donīt see this
changing due to the introduction of the Lightning Network.
I've always felt, in part, that Bitcoin's price has been driven up by the cost of mining, in the sense that miners or holders set a price that makes a profit for them. I look at South Korea and Zimbabwe as supply examples, where their prices have always been above global average. Despite the high costs of mining currently, remember that miners were already profitable even last year before Bitcoin made its bull run. I'm very sure they lock in profits to ride out low periods, not to mention all the merge mining going on... there's plenty of extra revenue coming in from the side alts market. I agree: the incentive system has worked very well, and is probably still largely in favour of miners. Three years might seem a short period, but it's still probably too long for us to comprehend in terms of mining profitability. In an alternative scenario where fees are simply too low to be profitable, I don't see why there wouldn't be miners voluntarily keeping operations going. just as they did when all this started. And when there are corporate and state interests, I can even foresee some setting aside budgets for the purpose of securing the network - thus securing their own Bitcoin-reliant businesses. |
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I would encourage you to research Satoshi's exact quotes on this sort of thing. Your answer is correct, they wrote the code for Bitcoin before releasing the whitepaper. I am unsure about all of the times of release, and which hit public eye first; but at least from their perspective and words this is what happened : I actually did this kind of backwards. I had to
write all the code before I could convince myself that I could solve every
problem, then I wrote the paper. I think I will be able to release the code
sooner than I could write a detailed spec. -Satoshi
I would suggest anyone to read some of their original e-mail threads (most of my questions come from sources such as this) : http://satoshi.nakamotoinstitute.org/emails/cryptography/1/It's funny that you worded it almost exactly the same as them, talking about solving problems, etc. Thanks for that, bill! I did spend some time much earlier on reading up on lore... and was fortunate to have been around last year when even more new emails resurfaced in August. I know a lot of people prefer these to be left alone, but history is always important for simple posterity and the giving of context, especially to those who were (and still are) new to Bitcoin. If only half the projects that launch now put half the effort Satoshi did into Bitcoin... the idea of having a working solution before the white paper hardly exists these days. Page 2 Updates : Update 1 :Snip Now that's how you answer a question! Good job buwaytress. Thank you pugman! |
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There was a mild spike a few days ago taking mempool back above 12k but yeah, it's been at its lowest levels for months, I believe partially due to Bitcoin price being really low, so people have been holding on to their coins more than ever, with the bulk of sell offs already happening when it was on the downwards spiral from 10k. Now that it's rising above 10k, almost a week now and holding pretty strong, expect transaction volumes to pick up again... and mempool to rise consequently. Fee is based on the amount of inputs and outputs transaction has. The more inputs and outputs the higher fee is required because it requires more work for miners.
As others explain, fees are a direct result of the size of transactions... the actual data they contain. But they pick higher fees because miners can include only so much data in each block they mine, so effectively, they want to include txs that have higher fees per byte of data they represent, expressed as satoshi per byte. The latest upgrades for Bitcoin have focused on making this data more efficient, so txs are getting leaner. If you're not using these upgrades (SegWit being the most significant), then you're not taking advantage of more effective fees. |
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Your recommendations are EXTREMELY appreciated buwaytress! I thank you for taking a very honest approach to our presentation as it will definitely help us grow. I do see what you mean by the introduction being a bit dry. I was more trying to warm people to the idea who do not know as much about cryptocurrency. My general market is groups of people who know nearly nothing about it. Artists, Musicians, Developers, etc. all are more in tuned with the creative and artistic world more than the technological world. I can see that I should have two separate pitches with one maintaining the technological aspect for my more experienced viewers, and also one like my current white paper, a more subtle aspect meant to introduce those into cryptocurrency.
I will keep your recommendations in mind and will definitely apply them to my short paper/white paper split that I will implement soon.
As far as the PR Agencies, I am in contact with 2 now that are willing to work on a token basis, but my goal isn't just PR for the ICO but also the product itself upon release. This will be a ongoing search and I am just more or less putting a general search out there to gather my resources and connections.
Thanks again for the recommendations my friend!
- Anthony
Chairman and Developer of Decibels Developments
You're welcome Anthony and I'm glad that you take the points constructively. Of course, when it comes to white papers, they've evolved to become marketing tools for the business world - quite unlike the early whitepapers of Bitcoin and other blockchain projects. They've basically displaced the marketing brochures that came along with traditional IPOs (since they're used by ICO projects as a venture capital vehicle). This isn't wrong, merely an accommodation of the mainstream in the industry you're working in - and for you, this is the creative industry. The white paper as an authoritative document outlining the technical aspects and philosophy of a proposal is becoming less common. What's being attempted now is what you suggest: a splitting of that document. I see a lot of projects now offering a "one-pager" that's completely marketing, summarising your key points. And then a "light paper" that's a bit more creative... then the technical whitepaper. In the end, the main white paper is the only one that is important, but the other "easier reads" will do more to gather your audience. Best of luck. |
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Always refreshing to see new people trying to do new content... even if they're less hacker and more start up people =) Thought I'd surf by your site and read COTY. Brought a smile because I recognise the setting in the hills - think I even took a picture at the same spot in 2010!
Comments:
Be nice to have a sort of criteria for your readers to help understand why these guys are featured. I can already tell that they're start ups, but what were your yardsticks for success? Clearly, not from the crazy amounts of ICO money raised (which I think is great). Very nice to see a South Asian featured. I note his ending commentary about corruption and feel that if people tired with facing such issues in their countries have come to embrace blockchain, then all the better.
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Question :
Did Satoshi write the Bitcoin Whitepaper or write the code for Bitcoin first?
Why did he choose the one he did to do first?
Just to say, I didn't know the answer to this. My first assumption was that he wrote the code first (as the whitepaper has some excerpts of coding) but now looking online I see that v0.1 was released on Jan 8 2009... meaning to say the whitepaper was published at least two months before the first version release... My guess is that the whitepaper still had to be completed after he compiled his first coding, so would still believe it had to be written first. He had to solve the problems Bitcoin aimed to do (direct, trustless p2p payments)... the whitepaper was not so much a proposal for a way to find the solution, but a proposal to use his creation as the solution. If I'm wrong, and the whitepaper was, indeed, published first... then he did it to gauge the cypherpunk community's interest to decide if the code was worth completing. Note: I use third person "he" but only figuratively. P.S. Thanks for this initiative guys! I'm sure I'll learn from the responses. |
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Well, if blue chip companies and Wall Street can use Bitcoin and/or crypto for effective marketing, why shouldn't all these homegrown companies too, yeah? It'd be nice though, if those companies actually utilised blockchain in their games. I mean, people here from 2012 already could make lotteries with hash-based results, would be extra engagement qualities to these marketers if they did live blockchain-based draws.
Hmm. Maybe I should market these ideas back home.
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Looks like a really good prospect but, unfortunately, impossible to verify if the stats are organic. It can be typical for a site less than 3 weeks old to get a spurt of new players and high wagers (were there promotions to kick that off? the association with bustabit?). 50 online players to wager almost 1000 LTC a day is pretty much unheard of from the litecoin-supporting casinos I've been to... from a rough comparison, about 20 times the volume at least... so it'd be nice to get a bit of insight into where that came from.
8k a month passive is massive... I'd wait 2 months and get a nice boost for my house deposit (or really just use it to pay off the extra interest on a house loan for a small deposit).
Yeah I hear what you are saying. The truth is if I knew for a fact it would make 8k a month I wouldn't sell... but it is the unknown which scares me. I want to be clear those numbers are just projections anyhting could happen - the co-ownership could pay 30k or it could make me 3k - and for this house deposit I need definite money which I cant rely on from litecoin.win; but i can get from selling for a sure amount. At least you're honest about that. I'm afraid to say that very few people would take this as valid opportunity for the time being. The site's barely got a month of track record to form any sort of dependable metrics. My advice, if you really need the money badly, then you should just sell back your ownership to the other co-owners. You must be able to at least liquidate part of your bankroll, perhaps at a small loss? That would be the quickest way to get the funds you need. Even if you do get an interested person here, I daresay it would take you some time to clear up the agreement and gain cash in hand. It's just impossible to get any firm deal when you're a new person here. Good luck, in any case. |
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Just as I thought there couldn't possibly be a different way to gamble, you've just found another way to earn Bitcoin, while doing what you do best. Kudos to you. You know, you could start a niche segment in the adult/gambling market; I can see it now. Addicted gamblers happy to let someone else gamble their money away. In a sense, everyone is a winner here. If you win, they get a small profit. You lose, they get some entertainment. I'd actually suggest you don't try to market that you've got a strategy that works (because there isn't any that will outlast variance!). Just be plain about offering the chance for someone to gamble and get a camshow. Maybe a running stats on how many punters you've taken in, how many have profited. Innovative, I'll give you that.
I'll definitely give OP that too. And damn, merit-giving is diverse! |
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I feel that the obvious sentiment is misrepresented in this forum, at least looking back at the past few months, and it's one that is extremely bipolar, swayed by the very short-term view of current markets. The optimists are probably all represented by the oldest forum members who are still around, lurking and posting outside of the Speculation section. By virtue of being here, discussing regardless of Bitcoin's price, they're optimists, much as I'd like to think I am. If the last month and weeks have caused them to flee and abandon all hope, then I doubt they were anything more than speculators in the first place. I am one of those optimists, although a cautious one. $100k in a few years is possible. I doubt we'll see another 10x this year, maybe there will be even no new ATH in 2018, but I believe in long term bitcoin will rise to hew heights.
I also share your view. Buy if crypto has taught us anything, it's that volatility and unpredictability is no surprise with this market. BTC might begin another bullrun soon. But and all time high of 100k in 2018 is quite a long shot. Maybe half of that is possible. I agree... optimism shouldn't be confused with misplaced trust and hope in the impossible. I don't think many people will care to take the lessons on offer from Bitcoin's almost decade-long presence though! Even those whom newcomers might consider as "experts" or "old-timers" are prone to wild and irrational judgments (McAfee comes to mind). In my eye, Bitcoin will always be as likely to reach X high as it is to reach Y low. |
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You shouldn't find any trouble getting responses from here, but I'd recommend you contact the PR agencies directly... You better be prepared to spend some serious bitcoin though, token payments ain't going to cut it.
You might need some serious work on the whitepaper first, however. The introduction's a little shaky, which won't help your project distinguish itself from many other projects purporting to revolutionise the media scene, who've already launched ICOs and are building their products now. If I'm frank, the whitepaper contains very little to suggest it'll do any different, took me a lot of effort to get past the intro even.
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Looks like a really good prospect but, unfortunately, impossible to verify if the stats are organic. It can be typical for a site less than 3 weeks old to get a spurt of new players and high wagers (were there promotions to kick that off? the association with bustabit?). 50 online players to wager almost 1000 LTC a day is pretty much unheard of from the litecoin-supporting casinos I've been to... from a rough comparison, about 20 times the volume at least... so it'd be nice to get a bit of insight into where that came from.
8k a month passive is massive... I'd wait 2 months and get a nice boost for my house deposit (or really just use it to pay off the extra interest on a house loan for a small deposit).
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Yes, you are correct in the men's side. However, but we all know that Roger Federer is not getting any younger and there are a lot of young and upcoming talented players who are going to take the crown from him or Nadal.
So for me, maintaining his #1 spot will be hard. Plus he doesn't enter many tournaments to gain points to maintain his position.
As for WTA, we haven't seen someone who dominates, every year, different champions and the ranking quickly change hands. Maybe those women is very competitive in nature or lack there of.
Man, do I feel old. Fedex is the same age as I am... football has already seen almost everyone I grew up with retire, just the stalwarts like Cahill and Buffon left. Sports is a harsh and unforgiving mistress that leaves her scars on your body, so you really have to respect the athletes who've taken care of themselves. Federer's win yesterday in Rotterdam was his 97th title, we all know he'll be loathe to let go until he snatches his century, so let's savour the final year or so of him being active... he might just be tempted to try one more appearance on clay. On WTA? I don't know, I really don't want to comment. So hard not to be drawn into sexism in sports. |
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Can't believe I'm actually talking about Yobit of all exchanges twice in a day, but I've got to say, if you're objective, then you'll come up with precisely the points you have. For me, I don't see Yobit as a serious trading platform at all, but for the sake of some curious experimentation with some extremely exotic coins in the past, I actually deposited some alts there a long time ago and sold them for a not-so-small amount of BTC which I left there on their "invest" option. I never bothered to claim any of my fork coins on BTC but Yobit credit me perhaps more than 10 forks (including self-made airdrop coins from Bitcoin) and I sold all of them as soon as markets were available. This alone probably netted me 30% of Bitcoin already owned? If not more. Yobit is one of the shadiest exchanges that i have ever seen but strangely enough they have not scammed anyone until today. their service sucks and you may get your deposit/withdrawals stuck for weeks but at least there has been no scams like big exchanges such as Bittrex pulled!!!
they also have one of the worst APIs that i have aver seen. it is just horrible. it is slow, and it sometimes returns weird information for example when i cancel an order or place one it gives me my balance too! which is a waste of data and slows things down, specially if your list is long.
i also use Yobit for the same reasons! to get or dump the coins i got from forks. and as long as i am only dealing with bitcoin in my deposit and withdrawals i am fine!
That's what I feel too. I've had all my withdrawals honoured. I've actually used their support once for a smart contract token; they stumbled but they actually did respond and resolve. Looks like I'm not the only one using Yobit for forks. Perhaps there is a place for everyone here. And shady? Yeah, sure. But I have equal distrust in all the exchanges. |
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We have seen price charts rise slowly, btc prices around $ 10,500. Everyone knows that this price will increase again because it has become a hot potato.
By 2018 this will be a 50/50 situation that tends to go up and maybe yesterday it happened again. what do you think of this? are your thoughts the same as I think btc will rise to $ 20,000 in March? Experts say that 2018 there will still be an unexpected drop down.
There are a lot of optimistic investors in the market at the moment. So it's probably a bit more than 50/50 in favor to the bull side. But it doesn't mean that it's guaranteed to go up. There could be a continuation of the last dump and bitcoin going down through $10k again. We don't know if that's going to happen, though it seems unlikely to me at least based on my experience. I can't really foresee even in the best case scenario bitcoin going up to $20k next month, so i'd have to disagree with you on that. We're not going to see pumps as quick as last year in 2018, imo. Yeah I noticed the general sentiment awing slowly to the bullish side this week, the same voices more or less that were more inclines to go bearish in previous weeks. Just because they were right before don't mean they're gonna be right again, or ever. I think the bull trap didn't happen but neither did the strong breakout. So it's really more of the same wait and see attitude. Personally, am delaying my regular sell schedule for bills for a week or two. Sensing an opening at 11k before more stabilising attempts at 10k. Hope I'm right but hell. |
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