We've had staff, mods, and very reputable members already point out the fallibility of these collision claims. They and and others have given the hard number approximates on probability to ever have this happen and thanks Darkstar for that graphic (which I now intend to use!).

Not usually mean but OP is clearly a troll, belongs in the Collider discussion thread with other shills, along with flat earthers and co.

Now that you've shown Bitcoin can be broken, better go break the Bitcoin bank at casinos =)


I'd say the chances of that happening to him 100 times in a row were still higher!

It's strange how 2 days ago I was mentioning how much I was really looking forward to new research on Bitcoins lost forever, and it so happens I missed seeing this bit of news. I estimated only 1% but if the stats are solid, and I take Chainanalysis to be one of the best crypto forensics experts, then we're looking at 20% of entire supply that can never be practically recovered back into circulation.

Sounds quite far-fetched at first reading, especially at current circulation, that's a quarter of all mined coins. And to be sure, we're going to see more coins disappear runninh up to the next halving.

Could this have been part of the bull run these few days?

Transactions always go through if they are broadcast, so yours has definitely gone through since the network recognises it. It's confirmation of your transaction that will be the issue, given your low fees. I've saved you the trouble of fussing about by submitting it for acceleration, so you now just need to be patient, it should confirm in several hours.

Do yourself a huge favour and read this Sticky Post: https://bitcointalk.org/index.php?topic=1802212.0

It will teach you all you need to know as a first step towards dealing with this type of transaction and preventing them in future.

Chill, guys. The website owner clearly states his inspiration (Actually, I also remember ad-pixel!) even though I must say that those days are somewhat gloomy reminders of the post dot com boom, when ad spaces were filled with blinking, flashing, noisy ads - I think Ad Blocker was just coming up at the time!

To OP: I've seen at least one version of this idea already try here and fizzle out - I was amazed that people bought space then, although at $1,000, 1 BTC for first entry seemed worthwhile since it worked best for the first buyers.

I'd be careful about claims of adding value though. Crypto here is just your mode of payment, not the tech or even relevant industry. There are many who might feel that this ad structure somewhat damages reputation instead of adding value. I suggest you develop pixel tracking for crypto projects (dare I say, ICO?). At least the data derived from there might help ICOs learn better marketing/promotion strategies.

To be fair, some of his points carry a certain weight of validity, especially once you discuss Bitcoin's aspects with a lot of real world users and businesses. The trustless aspect, particularly, which appeals to me, does not make logical sense to people from my parents' generation who believe in the role of state and institution, needing a central authority to guarantee in some way that their funds are regulated, their consumer rights are protected and their responsibilities for assets shared with the state.

This is why some who obtain Bitcoin as an investment prefer to trust some service to act as guardian and arbitrator for their holdings. The OP rightly made that comparison to Uber models, as a lot of people (mistakenly) believe that they are more protected with a third party to arbitrate on their behalf in case of problems.

He is mistaken, though, in seeing no real world role for Bitcoin. The blockchain tech behind it alone is already bringing improvements to many industries in terms of transparency and cost efficiency.

I have a hard time believing that we now have a sudden influx of new users - and all that volume going to Coinbase. My guess is that this batch of "new users" are people and companies already buying Bitcoin, and that only now Coinbase or whatever regulatory entity they're trying to satisfy has completed AML/KYC verifications for these, they can legitimately recognise them.

Since when have we considered futures and private equity and hedge funds mainstream adopters, anyway? They already only cater to the select (wealthy) few, and really have already entered Bitcoin discreetly.

All the same, $10k is now all but certain, and almost for sure before we usher in the new year. Just too much psychology here to NOT let Bitcoin achieve 10k all in 2017.

Your accumulators seem to be doing very well, ciccio, in fact I predicted wrong for all the above, although of course I took very risky bets, including an Everton win at 4.2. As ever, momentum is something very hard to break when it comes to both extremes, with Everton's run of bad games looking to stretch even longer and Manchester City (and Utd too, incidentally) just finding luck on their side to come through with all three points.

Arsenal is silently doing their own stretch of good games, actually. For some reason, the 0-4 thrashing by Liverpool seems to have jolted some consistency into them, even breaking down Burnley's stout defence.

All in all, barring the Chelsea-Liverpool match, the big teams won today. I'm hoping Burnley will continue their unexpected climb after this tough Arsenal encounter. But it really looks like we already have a champion on our hands. They just had to let Aguero have that penalty, too, didn't they?

Leaving out documentary-type films about Bitcoin (ranging from the casual "Life with Bitcoin" to the sensationalist epic-music-background-overkill interview heavy corporate pieces), there's only really ever been one pop culture film where Bitcoin was a main feature and used itself to promote the movie: Dope. I definitely think there are some potentially great films to be made, but that would start with, as you say good scripting.

A series is much better, to the quality of Breaking Bad perhaps, without the Americanisms brought on from Hollywood.

I wouldn't support sci-fi slants nor any subscription to the current (mis)perceptions of Bitcoin films like Dope helped perpetuate. But a bit of subtle intelligence would be good, nothing too nerdy or academic. One idea: perhaps a fiction about some journalist who tries to first hunt down Satoshi Nakamoto for his big break, but then discovers all the other aspects of Bitcoin (miners, merchants, mixers, developers), one of which will have antagonists central to some simple near-conspiracy plot.

P.S. You might get more useful responses in Project Development.

And everyone has Bitcoin to thank, not for the first time this year. I see all the threads talking about new ATHs for this coin and that coin, signalling the significance of this development and that piece of news or those developers... but somehow forgetting that this is all happening against the backdrop of Bitcoin and its ever higher price.

I suppose this memory loss is forgivable, since the last time alts rose along with Bitcoin was the first quarter of the year. Every other BTC ATH since then has been labelled as an alt "bloodbath".

And yes, we're early adopters still. Assuming we are all users and owners, not simply investors and traders.

Sorry I somehow missed this sidebet confirmation @tokeweed, OK you pick LFCBitcoin and I pick CarlesPuyol, whoever finishes higher by end of season wins $10 worth of Bitcoin from the loser. Any ideas on what we'll do for a tie-breaker, should they somehow finish level on points?

P.S. I actually really like @ajaxmoor but this is the second week he's forgot or was unable to enter his picks!

==

My bets for today: an Everton win at above 4.2 odds. My prediction: 1-1. So if I don't get my 40 points, I hope Everton make it worthwhile. Both teams only won once in the last 6 games, drew 2 or more. Hopefully Everton are shaken up and determined to win.

I'd say it would also depend on the timing of this global disaster. If it happens say, when Bitcoin is already widely used AND recognised, then yeah Bitcoin value would pump, if the countries affected by this global disaster would seek out Bitcoin.

But assuming that this widespread calamity is causing a demand for non fiat because banking and finance structures would be crippled, it's difficult to see how Bitcoin would be the alternative, since I'm also assuming the network itself would be equally affected. Nodes cut off, mining operations halted. This might be enough for people to perceive it as less secure, and could affect price too.

That's still the advantage of gold as a safe haven, always there and always accepted.

I feel knowledge is just one aspect, and that prepares you for the technical activities of trading. But it becomes less important as a first priority to many of us trade from our homes or don't actually sit in a trading job, where you:
1. trade within targets and instructions from a boss/employer
2. trade within limits also set by employer
3. require second, even third approvals before trades can be executed
4. trade with someone elses funds


That's a stark difference. When you trade on your own, you have no instructions, no limits, no requirement for a second approval, and the funds are yours. This all means that emotions and nerves play a huge, huge factor. I think for us, this is the thing we have to master more than anything else.

I'm absolutely fine for the price to stay like this for a very long time, and in fact, far happier if it goes down to even 6k. I've been at a far lower price, psychologically... never really past $4.5k (although probably now more like $6k), as the massive correction mentality hasn't quite gone away. So anything drastic up to a 25% loss is something I can bear. Of course, this is primarily because I earn mainly BTC, but in a dollar value. And because I expect a far more valuable Bitcoin in years to come, accumulating more now would benefit me years down the line.

Still, if Bitcoin can maintain these levels for six months, it would be a huge show of strength and an impressive record of stability after such a wild year. That itself will do a lot of good for the coming years after.

Wow, what a low. Willian's cross/goal took away even my 10 points, what a truly frustrating draw for Liverpool! These draws are so draining, damn Sevilla and Chelsea. Consolation, Salah is still top scorer +1, anyone want to count on Aguero equalling that on Sunday?

Also, my worst week ever so far with a grand bloody total of 20 points and only three games to rescue me tomorrow. With my luck, I'll get all of them right... along with you bastards So, time for a gamble... underdog bets tomorrow! Except for Manchester City, isn't it funny how the EPL table looks like ours? All bunched up at the top.

Well, I'm not sure what to make of this exactly, but I think we're all getting immune to the wheeling and dealings all these centralised exchanges are doing. Of course, I suppose their bigger users won't be affected and may even welcome this news, assuming it'll return a lot of resources to service more serious traders. I've anyway been moving farther and farther away from guys like Bittrex simply because of the red flags and warning signs of randomly locked accounts.

I do find it funny to refer to "stale orders", though. I got affected, small orders, but they're just sitting there for under two months. To me, it's perfectly legitimateto set an order 10 to 15% variance from entry. Just because 28 days have passed doesn't mean they "have no reasonable expectation to being filled". Are they saying they're encouraging short term traders? Scalpers?

Goodbye, Bittrex!

It's always going to be a problem for non-EU citizens to open a UK bank account unless you're a student or resident there longer than six months. I know because I was refused several times despite living there for extended periods. I'm looking at several crypto projects based in the UK, hoping that they'll find a way for a workaround, especially since UK is leaving the EU (or will they ever? haha).

Anyway, BAAB and Fiinu are two likely options. The former is seeking a UK banking licence and is supposedly working to get global users to be able to transact via a UK bank account. They've been touring Asia a lot so who knows? The latter already has a bank licence but won't know if they'll serve this purpose.

Oh my, 5 bastards with only the first game gone? I bet on a Leicester win, so got a big round egg. Updating all of my scores 5 minutes prior to today's kick offs. I thought I'll go with some random changes to perhaps jump the race since am even farther behind you bastardos... Though of course if it all goes to hell then the gap widens... And switched Liverpool from my normal 3-0 to 2-0. Gotta give Chelsea a little bit of respect, yeah? Just a little =p Come on Mo' Salah!

We have a new player amongst us? Welcome Ziskinberg, can't say I've seen you around the gambling threads! Gotta say you've got some balls to enter the league with 1/3 already gone! You do realise that, don't you?

Huge list, but your main categorisations should be on the following, in my opinion:

1. Is it centralised or decentralised? Or is it P2P like Localbitcoins?
If it's centralised: you risk some or all of your funds being taken, withheld, or simply lost (your list has BTC-e, for example, do Google to find out what happened with them).

2. Will they require documentation/verification/KYC/AML?
A bit redundant if you answer the first question. All centralised exchanges already or will one day require verification, some of which can be very difficult to do especially with countries with documentation not in English or romanised alphabets. Thousands of people are backlogged for verification, including myself, waiting for more than 6 months to get higher levels of verification.

Why is this important? It affects your limits, and if you've got a lot of Bitcoins, you might get a surprise one day with your account locked pending verification. A lot of the suggestions here are highly centralised exchanges, for example, Poloniex and Bittrex - who are guilty of this.

GW is also just a variant of cloudmining, in my opinion. With some differences, I note. Selling power/electricity instead of processing speed. A more transparent, blockchain-based system. But basically the same opportunity of managed Bitcoin mining. They're not a manufacturer, so you have to expect delays in hardware. Those newfangled Bitcoin miners are high in demand, low in supply.

Well, this is what you get when you back projects that raise money to do something new: uncertainty, vastly unreliable and unpredictable events, massive delays, changing terms, and lack of clear information on new developments. Welcome to the real world! Millions of dollars won't change the human elements of a project, especially those of ICOs with small teams who promise a lot, who are never truly prepared for the eventuality of dealing with thousands of clients on a product yet to be tested on that scale.

Perhaps it's time we give businesses with years of track record a chance with ICOs. At the moment, the attraction remains with "new ideas" and "revolutionary solutions" and "disruptions". Pipe dreams are great but be prepared for the rollercoaster ride it surely will be.

And this exactly what I was talking about when referring to all the old-world, traditional banking and finance people as new Bitcoin users. These are pure investors, as proven by the ones I know and have met. They've all "bought Bitcoin", but have never owned them, don't have their own wallets, and have never actually transacted. These are going to be the majority minority in a while, theoretically owning huge amounts of Bitcoin but against the virtual guarantees of centralised exchanges and wallets. Coinbase, Luno, these are the ones I keep hearing people "buying Bitcoin" from.

And I guess we can say whatever we want about them, they're driving the current boom, can't say we're not benefitting. Welcome, Swiss bankers!