it is not just privacy reasons, there are more to reusing the same bitcoin address more than once for receiving multiple deposits. for example the biggest problem most people will face these days is the higher fees. read this: https://en.bitcoin.it/wiki/Address_reuseHmm. This is the first time I've seen to reusing addresses referred to as fraud. Using one address to accumulate funds (for example, through escrow) or simply to track legitimate earnings are great reasons to want to use the same address. And yes, the privacy issue is there but having a known address signed by you is one way of verification.
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You know, it's these types of matches that make me gamble so foolishly. Perhaps a parlay on Mexico (29/10 on 888sport) and Chile (11/5 on most places) are just too difficult but this will see me split a bet 60% Portugal (4/6) 20% Germany (11/10)and 20% the opposite parlay. Yes, I only have faith in Portugal!
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While this is a better way than how many ICOs choose to run, I wouldn't say it's unique or very innovative.
1. Funds released at roadmap milestones: quite typical with big projects, complete with recognised escrowers. 2. 20% bonus: always unnecessary I feel, and gives advantages to newcomers (and less incentive past the deadline). 3. "using the blockchain"... very common claim and it's not apparent how from the landing page.
Good luck, nevertheless.
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I'm emphasizing legacy over profit. One of the point is that it is a collectors item. If I had a wealthy uncle that left me bitcoins, it would be awesome receiving a physical coin. Like getting a rare valuable 1960 rookie card. You can't decide if you should keep it or cash it out. It's an effective way to be remembered.
And this is the emphasis many fail to understand about Bitcoin, sometimes. Legacy... leaving something meaningful behind for future generations. That is a concept I strongly believe in, and one I would like to think even Bitcoin creators possibly had. Perhaps all they wanted was to be remembered. And yeah, I'd like to be remembered nicely by a few people after my death:)
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The media outlets, just like conventional print and broadcast, are always going to have to be extra careful when reporting the news. Common mistakes lead to original statements being misquoted, leading to follow-up news such as this from cointelegraph.
It's a reflection of just how few reporters and news portals out there are truly "experts" in this field, but perhaps we shouldn't be so harsh on them.
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Cumulatively, I made my first Bitcoin last month (May), the majority of it from freelancing. If I take into account entire crypto holdings, I made my first BTC in March, as I accepted a lot of freelance payments in alts.
But I've never actually reached 1 BTC in my wallet total. I sell of a little, spend a little, just for needs and recouping time spent.
My first Bitcoin ever earned was some time in September 2016, I cannot remember anymore. So that's half a year for my first.
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Fees have definitely evolved and there is so much evidence to show that it has no correlation with price. Two days ago, the network was BELOW 2,000 transactions and I would have loved to test a 5 sat/byte tx but was unable to access my wallet then. But today, I made a transaction with 35.9 sats/byte and it confirmed in exactly 60 minutes - at a time when there were about 11,000 transactions. I paid about $0.47 cents for almost $900. That's just over 0.05% of my total. I chose a time that the network was relatively free, I chose to transact one chunk rather than several. And my fee corresponded to those environments. https://blockchain.info/tx/ab7b64a65de124ef55c2e09747a9c8dc433af8d4097cba8acf8d5469edbb8610That's fair to me by any measurement. Yes! That I felt today as well! Awesome speed today, unlike last few months. My $500-worth bitcoin transaction having just $0.4 fee got three confirmations within the time span of one and a half hour. Quite good speed, specially if you compare that with the speed in last few months. So there is now an improvement? How were the miners able to accomplish that given that none of the scaling agreements have been implemented yet? Couple of days back 2 transactions I made took 120k and 60k Satoshi to confirm within the next block! Isn't there a possibility the network was deliberately flooded to push the agenda of miner forward? In the event that Bitcoin be destroyed (which is unlikely,) let it be known to the clogs in Bitcoin's wheel of progress, that it would be a tall order to have any other coin to gain even half the acceptance that Bitcoin already enjoys and of course that would translate to lesser profit for the profiteers. Well, you can always monitor the network congestion from blockchain.info. I myself just go to bitcoinfees.21.co every time I want to spend. It's proven to be very helpful, I find even conservative in its estimation of confirmation time. Miners work at the speed they always do, the network congestion is just a reflection of the volume (more people or more txs per person). I've also read about deliberate spamming, but it's no use speculating on the motivations.
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for ethereum i have my eye on $10 to get in and for litecoin i am already in. because LTC is one of those coins that have been resisting very well against the on going drop and price is still high. and lets not forget that it has SegWit already activated ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and the rest are just a big no. That's quite a chance you're taking! Though I suppose even at $10 it would still be above its low of less than 7 months ago. Yeah, LTC is really good for its money, as you say, one of the few coins to have not followed BTC's rise and fall. That says a lot for its independent value.
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Nothing any of us weren't expecting. Once more, the opportunity for people with money to get in on a price they can stomach. I'd be really, really surprised if Bitcoin pushes back to 3,000 so soon again. Now to look at the alts that haven't followed suit.
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You know, tax isn't necessarily an evil thing to avoid. If you're making income, it doesn't matter if you're selling cookies, writing freelance or trading currency or crypto. Do the right thing and file your taxes as required by your government. If you're not sure, ask. In most countries, they would probably not even bother once you tell them - get official acknowledgment of this. Then you can rest easy without worrying.
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If I'm being honest, I'm not sure how to play the fork agreement. Think I'll just do what I usually do with this sort of thing and just go 100% BTC. One constant about my trading career is that accumulating BTC is my number 1 priority, so hedging into FIAT and/or alts seems dangerous, to me anyway.
Don't worry, I doubt any one here knows how to play the fork agreement... but the good news is that if you're a BTC holder like me, we actually have nothing to worry about. Fork or no fork, we'll have the option to move with the eventual "winner" if we control our own coins (you do, I hope?)
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You do realise that most fiat currencies aren't actually backed by much more than people's trust in the government or the banks, right? Even the most used currency in the world used to be backed by actual, physical gold, but not any more.
If you want a recent example of what happened when those governments failed to keep their promises in backing money, read up on Greece.
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To be honest, I haven't thought much about keeping records of origins for crypto that I obtain.
I do, however, maintain simple bookkeeping on my earnings and, when significant, my "diversification". I can't really say that while keeping a serious face, though, as the majority of my alts multiplied in value many times, but as I held next to nothing, I have several dollars worth of a lot of alts.
Simple excel sheets and a txt file are what hold all my information on crypto though. So I roughly know how much I've earned and where I keep them.
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I, on the other hand, have learnt that as I control my fees and funds, I am finding ways to pay cheaper and cheaper transactions. For example, "back in the day" when I first started in 2016, I'd used flat-fee wallets to transact mostly. For a while, this meant I paid flat 20k satoshi or so on a lot of dust, so I probably saved money over the long run.
I then also realised I was paying a lot of fees for dust accumulated in Electrum.
These days, I transact far less often than before. I try to keep my inputs lean. I try to time my spends to coincide with non-congested network, and try to bundle them together (for example, my freelancing work, I get lump sump payments rather than per item now).
I'm paying lower fees now, and still keep a very respectable <0.5% average fee on amounts.
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Re: Innovation, especially franky1's elaboration. I really think that Bitcoin as the first mover, was a really innovative idea in the first place but agree that it has been extremely slow to innovate on some features that would drastically increase usability. And yes, while technological updates such as Segwit may (and should) take its course in time and deliberation, like those mentioned (GUI hardware wallets, a simpler, more intuitive way to send and receive).
What little research has been done on the user base has shown that people who don't use crypto are intimidated by simple things like: - how can I ever remember to keep my own address or private keys when I can't remember my 6-digit email password? Write it down somewhere? But my IT guy says I shouldn't write my passwords down!
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Your best bet is HCP's suggestion. The network is actually at a very reasonable environment right now for you to try a low fee plus ViaBTC's accelerator.
One thought: if you're expecting a significant amount of coin (in one tx), you could send it to this wallet, and then attempt to send everything out. That could reduce the % of dust in your spend, improve your chances of a miner taking it.
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Albacete ml is at 1.88 on nitro still risky since they have a 1-0 lead they might just draw or burn the clock at this point to advance for the next round of the playoffs. Also taking the under 2.5 both teams are scoring low on this playoffs. GL to us all.
Turns out you were right on the money with your assessments. Made a loss on this scoreless draw. Totally overestimated the desire of Iniesta's team to make an effort of maintaining a cushion! Oh well, live for another tip!
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Saw something in the news recently about Linonel Messi. Is he in trouble again or is in regards to possibly being traded to Manchester United? They have been eying him since the off season. And I think he is wanting out of Barca now they have not come away with a trophy and after having Real Madrid show they are the true champions of La Liga. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Nah, it's just following up on his tax accusations... the state's agreed to take a fine from him (and his father) in lieu of the prison sentence (which he wouldn't have had to serve anyway since first offenders can avoid that). Speaking of Real Madrid, this is likely the same "get out of jail" card that Ronaldo will be offered once they dig into his own tax case.
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Fees have definitely evolved and there is so much evidence to show that it has no correlation with price. Two days ago, the network was BELOW 2,000 transactions and I would have loved to test a 5 sat/byte tx but was unable to access my wallet then. But today, I made a transaction with 35.9 sats/byte and it confirmed in exactly 60 minutes - at a time when there were about 11,000 transactions. I paid about $0.47 cents for almost $900. That's just over 0.05% of my total. I chose a time that the network was relatively free, I chose to transact one chunk rather than several. And my fee corresponded to those environments. https://blockchain.info/tx/ab7b64a65de124ef55c2e09747a9c8dc433af8d4097cba8acf8d5469edbb8610That's fair to me by any measurement.
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Albacete at 1.85 is very good odds no matter how you look at it. Took a bet on this, with a small side of over 1.5 (at 1.4 odds), just about 15% of my bankroll but I want to close out June with a bit of profit.
Iniesta will be watching this too I think, so if they win, there'll be many happy people/punters!
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