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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1681  Bitcoin / Bitcoin Discussion / Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning. on: March 12, 2013, 08:47:22 PM
Any guesses as to the reason it didn't show up in the pre-0.8 branch?   I don't see any reason that the original transaction could be systematically rejected by one branch and not the other.  Even transactions that hadn't made it into blocks in the pre-0.7 branch should still be in the nodes' memory pools and double-spends rejected.

Has this been answered?
Indeed, this is a good question. Every client should have refused the second transaction, since it was a double spend. So what happened? A miner somehow received it and confirmed it because of the higher fee?
1682  Bitcoin / Bitcoin Discussion / Re: Congratulations on a successful 51% attack today everyone! on: March 12, 2013, 08:43:54 PM
Based on what you said, WiW, there is a 51% attack everytime a block is orphaned  Cheesy so dozens of time per month! lol
1683  Bitcoin / Bitcoin Discussion / Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning. on: March 12, 2013, 08:36:09 PM
Forcing the 0.7 clients to upgrade to 0.8 instead of orphaning the chain would have avoided that... but would require everyone in the bitcoin world to upgrade...
1684  Bitcoin / Bitcoin Discussion / Re: A successful DOUBLE SPEND US$10000 against OKPAY this morning. on: March 12, 2013, 08:28:30 PM
That is why bitcoin is still beta software
1685  Other / CPU/GPU Bitcoin mining hardware / Re: Mining with a late 2012 iMac (NVIDIA GeForce GT 650M 512MB) on: March 12, 2013, 08:16:30 PM
Fair enough then!

So when are they going to release an external GPU which I can connect to thunderbolt and then daisychain  Wink
Seriously buy an asic
1686  Bitcoin / Press / Re: 2013-03-11 Arstechnica: Major glitch in Bitcoin network sparks sell-off on: March 12, 2013, 06:09:27 PM
I'm definitely surprised how many people upgraded to 0.8 already.

I was naive enough to think this had been tested thoroughly.   Why wasn't this released as 0.7.99 or something?  It was clearly not ready for such an even version number.
Do you know that the bug was not in 0.8?  Roll Eyes problem was with 0.7, not 0.8
1687  Bitcoin / Press / Re: 2013-03-11 Arstechnica: Major glitch in Bitcoin network sparks sell-off on: March 12, 2013, 03:36:18 PM
Nah they will say that bitcoin crashed and is bugged.

Incoming cheap coins  Grin
1688  Other / Off-topic / Re: It's bad very bad. on: March 12, 2013, 03:04:37 PM
Most people dont realize this yet.  You lose trust, its gone you cant get it back...
Yeah i understand you, you no more trust bitcoin.

But you are lucky, i can buy all your bitcoins for 1$ each!!!!!!! Since you no more trust it...  Smiley
1689  Bitcoin / Bitcoin Discussion / Re: Oh god, I see a chance for lifting the 1M block size limit !!! on: March 12, 2013, 01:19:31 PM
Related:
When a majority of miners realise that lifting the 1MB block capacity will hit their pocket, they'll never let it happen unless the adjustment is done in such a way as to give them more control (e.g.: direct voting power) over the scarcity. Note: I'm not talking about the database fiasco, but allowing actual "block height" to be bigger than 1MB.

tl;dr from earlier thread I started:
  • Every 1kB of new block space = "my precious"
  • so-called 'fees' are really bids for that precious resource
  • more block space = less precious.
  • therefore, maybe miners should have a voice.

aka: supply and demand.
More space=more transactions=more fees. Yes, fees will be lower per transaction, but this will be countered by the increased number of transactions.

1690  Bitcoin / Bitcoin Discussion / Re: Alert: chain fork caused by pre-0.8 clients dealing badly with large blocks on: March 12, 2013, 01:08:39 PM
Gentlemen, you just watched finance in the 21st century.

*complete transparency
*community driven
*solution driven
*results

Bitcoin just gained a lot more confidence.
Well said!
1691  Economy / Speculation / Re: Everyone prepare your fiat. on: March 12, 2013, 06:43:44 AM
I missed the coins at 38  Sad now it is back at 45  Cheesy
1692  Bitcoin / Bitcoin Discussion / Re: Alert: chain fork caused by pre-0.8 clients dealing badly with large blocks on: March 12, 2013, 06:41:33 AM
If the problem is solved, remove the red, scary message  Smiley

And great job solving the problem! Bitcoin, finding bugs in the database that not even Oracle know!

Quote
IN 3 hours the price of bitcoins will be around 14 bucks
BUY BUY BUY  Shocked
C'mon, sometime the world stock exchanges have problems too but it is not that when it happens, the world market crash  Smiley

Quote
did i losnt my bitcoins ?? it is still unconfirmed
0 fee, it will be confirmed eventually, just wait!
1693  Bitcoin / Press / Re: 2013-03-10 ZeroHedge: The Demographics of Bitcoin on: March 11, 2013, 06:36:01 PM
Bitcoin is a free world, everyone can join, contribute, make profit etc, no matter the sex, we don't even know who satoshi is! And, despite that, only 4% are women?
1694  Other / Beginners & Help / Re: 7 thoughts on Bitcoin on: March 11, 2013, 02:59:58 PM
Countries blocking internet?

It is not a problem, because in space we have tons of satellites! Good luck country, try block satellites lol
1695  Other / Beginners & Help / Re: Lap Top Mining on: March 11, 2013, 01:02:05 PM
Quote
Unless you have an ATI Radeon

Today is more like "Unless you have an ASIC"  Wink
1696  Other / Beginners & Help / Re: Do I contribute to the network just by running Bitcoin-Qt client? on: March 11, 2013, 01:01:21 PM
Confirmation=block

By running the qt client, you run a full node wich relay the blocks and the unconfirmed transactions to other nodes. Since bitcoin is a p2p network, the more node there are, the better.
1697  Economy / Speculation / Re: Two simple charts. on: March 10, 2013, 08:24:15 PM
This crash from 700 to 450 is not what i would like for bitcoin, so no, i hope we are not like apple  Cheesy
1698  Other / Beginners & Help / Re: Offline vs online wallet on: March 10, 2013, 04:33:48 PM
That you need to backup the blockchain.info wallet
1699  Economy / Speculation / Re: Moderately wealthy individual going cold-bloodedly all in on: March 09, 2013, 10:57:40 PM
Bitcoin is still a high risk thing. We do not know what will happen in the next months or years. Yes, probably its price will skyrocket, but maybe not, who know?

Quote
since BTC can be cashed when needed?
Yeah sure, but if you sell BTC when it is worth 1$ and you bought it at 45$, well not a good thing.
1700  Other / Beginners & Help / Re: I am glad I found this forum on: March 09, 2013, 07:50:16 PM
It is important to NOT use an online wallet wich may steal your bitcoin and wich will make your bitcoin disappear if it goes offline forever.

Blockchain.info is safe if you backup your wallet, so incase blockchain.info is attacked/seized/nuked you still have it.


This said, running a full node help the network.
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