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1681  Bitcoin / Press / Re: [2017-01-03] Bitcoin passes $1,000 but only number that matters is zero on: January 03, 2017, 08:10:36 PM
Interesting article from the FT.

Basically it surmises that Bitcoin is a pyramid scheme worth $0.

https://www.ft.com/content/b5d66ed8-d1b3-11e6-b06b-680c49b4b4c0

Unlike fiat, bitcoin can be used in many ways. Typical msm BS.
1682  Bitcoin / Bitcoin Discussion / Re: Your biggest bitcoin regrets? on: January 03, 2017, 04:14:59 PM
I forgot about this thread. What a blast from the past.

I have a new regret. My wife just reminded me about the cheap boots I got her as a part of a party costume when I told her btc was over $1,000 again.

I used to talk this guy named Jeremy West on the forum, way back when, and he convinced me to use a service he started called Spendbitcoins. They sold Amazon gift cards for btc. I tried his service and bought a little gift card to buy my wife some cheap high top costume boots to wear at a party we were going to attend. She only wore them once. At today's exchange rate those flimsy cheap vinyl boots cost $7,800. FmyLife

I guess the lesson is to replace bitcoins if you spend them? 😀  At least that isn't as bad as the $20 million pizzas.
1683  Bitcoin / Press / Re: [2016-12-28] Why Bitcoin’s Triumphant $15B Market is Just Getting Started on: January 03, 2017, 03:22:16 PM
I'd disagree that Janet Yellen controls the Federal Reserve Cheesy Otherwise, I'd agree with all the above (the fact that Janet is just a spokesperson is implicit in what cr1776 said anyway).

I would agree with that too.  She is the figurehead for the most part.  :-)
1684  Bitcoin / Press / Re: [2016-12-28] Why Bitcoin’s Triumphant $15B Market is Just Getting Started on: January 03, 2017, 01:02:48 PM
The Central Bankers of the world don't seem to have learned their lessons.
Capital controls in China, Demonetization in India, Inflation in Venezuela... Bitcoin looks poised to succeed even further.

In most cases, the central banks are operating under instructions from the politicians who want power over the populations of their countries instead of freedom.
in most cases central banks control politicians
its a much higher hierarchical structure than the goverments are
but I agree the main idea is to keep the populace under control and keep the modern slavery system in check

I'd disagree that Janet Yellen controls the politicians.

Perhaps it would be more accurate to say that the same forces (whether people - subtle or overt- or misguided, immoral anti-liberty, authoritarian ideas) that control or guide the central banks and politicians want to keep people under their control.

The same ideas have animated that crowd for centuries (probably millennia) and the goals are to control the people to keep power and wealth to themselves.
1685  Bitcoin / Project Development / Re: Anyway to have my computer attempt to sweep random addresses? on: January 02, 2017, 06:53:15 PM
Anyway to have my computer attempt to sweep random addresses?

I'd like for my laptop to attempt to randomly sweep bitcoin addresses.  How would I go about doing this?

Write some code to generate an address and private key and then if there is a balance there, create a transaction to send it to an address you control.  Repeat.  Unless you are exploiting flaws in an PRNG or poorly chosen brain wallets, it is pretty pointless though except for its educational value in learning how to do so.
1686  Bitcoin / Press / Re: [2017-01-01] Pro-Bitcoin Mulvaney Picked as Trump Budget Chief on: January 02, 2017, 12:40:55 PM

Pro-Bitcoin Mulvaney Picked as Trump Budget Chief

As President-elect Donald Trump’s cabinet picks continue to be announced one-by-one, many digital currency enthusiasts have been searching for any signs that might indicate how the new administration will address cryptocurrency and blockchain concerns. The recent selection of Republican Representative Mick Mulvaney to lead the Office of Management and Budget (OMB) has already received applause from many in the Bitcoin community, since Mulvaney is a well-known proponent of the world's most well-known digital currency.

 https://dcebrief.com/pro-bitcoin-mulvaney-picked-as-trump-budget-chief/

They say this was "Posted on Dec 23, 2016" not January 1, 2017, so you may want to adjust the subject.
1687  Bitcoin / Bitcoin Technical Support / Re: Lost Coins on: January 01, 2017, 08:10:32 PM
Hi, i am new here, soo if someone already post something similar, please redirect me, thanks!

I was thinking ... what should happen to the coins that have not suffered a transaction for a long time, especially the accounts lost or refuted by the users? Maybe you should consider making a new mining of these coins with each halving or given time frame, is that possible? The central bank's usually replace the coins from time to time, because usually some are destroyed over time ... maybe there will be some similar mechanism for bitcoin. There exist`s?

Thanks Wink

This comes up every so often, but who says how long is too long?  

Perhaps Hal Finney will be unfrozen one hundred years in the future (see https://www.wired.com/2014/08/hal-finney/ and http://www.alcor.org/blog/hal-finney-becomes-alcors-128th-patient/ ) and he'll want to unfreeze some coins that he has in a brain wallet to pay to help acclimate himself to a world he didn't know.  Or to pay for food.  Or his care.  Or his descendants.

What gives anyone the right to decided that X number of years is "too long to save"? Why would anyone think it is okay to steal from someone else who has saved their coins whether they are Hal or someone else?  Stealing is wrong and using the "central banks" do it argument is a good reason not to do it given the problems they have caused over the last 100 years.

Something like this just penalizes people who save and makes people move their coins, subjecting them to risk.

Doing this would create an alt-coin because there are many people who are opposed to things like this.
1688  Economy / Economics / Re: My bank account's got robbed by European Commission. Over 700k is lost. on: December 30, 2016, 05:53:15 PM
Banks always does this .i have seen my friends lose their money through and the banks would not have recovered their money till now and they are trying till now .dont loose hope and i am very sorry to hear it from u .

The Cyprus government and EU imposed this, you need to make sure that you are placing the blame where it belongs - politicians who want money and power and will do pretty much anything they can to get it.  Look at Venezuela, North Korea, Brazil and many, many others who don't like freedom of capital and impose controls.  And who want to use inflation to silently rob their people.
1689  Bitcoin / Project Development / Re: Advice on supervising bitcoin addresses for custom notification on: December 30, 2016, 03:41:26 PM
I meant Bitcore, not bitcoin core. It has an integrated API to check an address and all that stuff.

Quote
you can always enable pruning to cut the block chain storage size down
So, I'll keep checking transactions on supervised accounts like from 3 months from now? Can I use Bitcoin core with custom notifications? is it straightforward?
Bitcore is nice because of it's API, but maybe bitcoin core doesn't need so much coding in orden to make those custom notifications

Ok, never mind then. I had assumed you meant Bitcoin Core since it was in this section on bitcointalk.  ;-)

Anyway, I am not sure if you can run Bitcore with pruned mode or not to save disk space.
1690  Bitcoin / Project Development / Re: Advice on supervising bitcoin addresses for custom notification on: December 30, 2016, 01:23:13 PM
Hi,

I need to supervise some bitcoin addresses and I need to launch a custom event, maybe a custom sound for incoming transactions (unconfirmed sound and 2 confirmations sound) or sending an email.

I'm thinking about using Bitcore, but 8 GB RAM and more than 200 GB HDD for the blockchain doesn't look like a cheap way to go for such a simple task...a friend of mine suggested me to use electrum, but I'm not sure where to start or if it's possible to use electrum for such a thing. A VPS with 8 GB RAM and 200 GB of HDD is about 50$-140$ USD, and that's just way too much...


I'd really appreciate your advice and suggestions about this little project.

Thanks a lot

Presuming you meant Bitcoin Core, and not bitcore which is something different, you can always enable pruning to cut the block chain storage size down.  (And btw, I've seen a vps similar to what you mentioned for less than $100/year.  But $50-140/month is way too much.)
1691  Bitcoin / Bitcoin Discussion / Re: is Amanda B Johnson a robot ? on: December 29, 2016, 04:40:04 PM
Wow, look at the size of that mouth. She could tea bag the shit out of you without even opening all the way.

Just look at her initials (per OP). A B J.

Had to stop after she said all the money was making a bet and none were being used. 
1692  Bitcoin / Press / Re: [2016-12-28] Why Bitcoin’s Triumphant $15B Market is Just Getting Started on: December 29, 2016, 11:23:09 AM
The Central Bankers of the world don't seem to have learned their lessons.
Capital controls in China, Demonetization in India, Inflation in Venezuela... Bitcoin looks poised to succeed even further.

In most cases, the central banks are operating under instructions from the politicians who want power over the populations of their countries instead of freedom.
1693  Bitcoin / Bitcoin Technical Support / Re: Workaround to huge blockchain size - download, resolve, transfer on: December 28, 2016, 10:59:45 PM
The file is 80 gig the last time I checked....i don't have enough space on my disk for it although I can connect another drive.

I wanted to transfer the wallet.dat to another client but it wasn't possible at the time. I would have tried a few....

Have I any more options rather than the big download?

Just export the keys and import into a lightweight wallet. (But keep a backup of the wallet.dat since it is small)
1694  Bitcoin / Development & Technical Discussion / Re: Improvement of security on: December 28, 2016, 07:03:39 PM
Does anybody know if the bitcoin developers are planning on improving security of bitcoin transactions using something that's not related to blockchain?

You can look at various proposals on GitHub and follow the dev list, but to really answer your question would require more details as to what you are specifically asking about and what part of bitcoin transactions need more security.  Segwit helps with the malleability issues for example.
1695  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: December 28, 2016, 03:28:07 PM
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me

Bitcoin is "supported" anywhere there are computers.  Bitcoin may be illegal or banned in various countries based on the laws in those jurisdictions.

As to why, the most likely answer is that the countries are not free and do not like the freedom that Bitcoin brings.  The governments (and people running them) want to control people and keep them from being able to conduct commerce (and everything else) freely.  Is that fair?  Of course it isn't fair, but the people running the governments have the guns and are willing use them to suppress their people in order to keep power and enrich themselves.  The solution is to avoid authoritarians/socialists/communists/fascists and have people who value freedom in charge of the governments.  Look at China, devaluing the yuan daily which will impoverish (see, e.g. Venezuela) the people over time.  All to retain their power and remain rich themselves.

Criminal activity can take place in any currency, but people use that as an excuse to retain their control.

As far as what the GPU (or bitcoin mining in general), take a look here:
https://en.bitcoin.it/wiki/Mining
or
https://www.bitcoinmining.com
1696  Bitcoin / Development & Technical Discussion / Re: block reward that can never be spent on: December 27, 2016, 01:46:03 PM
This article claims that the block immediately following every halving can never be spent.
(I knew that only genesis block reward cannot be spent)

Is that true?

Take a look at
http://blockr.io/block/info/210000
http://blockr.io/block/info/210001

vs
http://blockr.io/block/info/420000
http://blockr.io/block/info/420001 - it appears this has not been spent yet (but not because it can not)

It seems like an odd claim that they are making, given the blocks above.
1697  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: December 26, 2016, 01:58:19 PM
Are you currently putting all your money into bitcoin?  If you say this, you show you believe it by your actions.  I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year.  Just think, once the "bankers" and hedge funds find out about this, we are going to the moon.  Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car Smiley

It's so risky to put all eggs in one basket.

True, but in 2011 when that post was written the cost of bitcoin in fiat was much less that today!
1698  Bitcoin / Press / Re: [2016-12-26] Waiting For a Dip: Should You Buy Bitcoin Now? on: December 26, 2016, 11:59:13 AM
For now purchase bitcoin bit risky in fear is no significant price decline after the turn of the year, except for business or trade is by using bitcoin maybe we should buy ,, but not to invest at this time


No one knows. But people were saying essentially the same thing when it reached dollar parity.  At $10, $30 and $100.
1699  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: December 26, 2016, 02:12:00 AM
Holy moley, the OP from this thread was 5 years ago. There must of been some people who were part of this community back then who actually made some serious money from this.

The wealthy elite must of seriously started appearing after the first big bubble in 2013 winter and the people who cashed out then must of been set. Now there 2nd elite group is starting to form now with the recent rises
It is rising but many have a hard time believing it and say that it will fall hard soon like it always has in recent months.
Can this upward trend keep it up until December? Too early to tell at this point.
But if it does then alot of people who saw this coming are cashing out now and banking a lot of money in the process.

With the recent prices, it is probably time to remember what Atlas said here 5.5 years ago. In another 5 years, how much higher will the USD/EUR price be. The binary proposition again.  I still do not believe anyone is late to the party. (Hope Atlas is well).
1700  Other / Meta / Re: wtf? Weird censorship here. on: December 24, 2016, 07:14:49 PM
It was just an idiot trying to scare people. It was also months old and served absolutely no purpose. Thats why it's gone, because obviously the mods agree with me.

Also, this should be in Meta.

Not to mention it was started as a troll thread and had lots of incorrect information solely to misinform people.
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