why 2-3! you just need 1 hardware wallet if you are planning on storing a large amount of bitcoin and you are not tech-savvy enough to make a wallet for yourself like making a simple encrypted paper wallet with bitaddress is this what you mean by toughtbook: https://en.wikipedia.org/wiki/Toughbooki have never heard the term before  |
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Well it doesn't work as intended, because it was intended to be a currency and is now impractical for everyday transactions until SegWit/LN are implemented. SegWit doesn't affect the stability of the Bitcoin network, it's just a way of making Bitcoin transactions easier to send which is even good for bigger investors.
it DOES work as intended, and the increasing volume in transactions, increased number of merchants, increase in the amount of money that payment processors for merchants such as BitPay are processing each month (which is millions of dollars) is supporting this. the fact that there is a spam attack and during that period of attack people still pay low fees such as 20 satoshi per bytes and then get a late confirmation doesn't mean "bitcoin as a currency is impractical" at the same time price rising, and all these things that are said doesn't mean we don't need some solution for scaling. No, it doesn't work as intended. The average transactions per block have been steadily increasing since the beginning. The miners' revenues have also been rising and there's absolutely no reason why people should be paying anything other than tiny transaction fees with the mining revenues as they are. And by "tiny transaction fees" I mean <20 satoshi per byte. Transaction fees are meaningless and they only make up 10% or so of mining revenues anyway - they should only matter for priority transactions until the block reward is so small relative to the price that transaction fees are 100% necessary to secure the network. Bitcoin objectively needs scaling. It's not just a case of paying higher fees because that means that these pointless fees will be a competition to get into a block and many people never get their transactions confirmed at all. i am disagreeing with you on things you just mentioned here. i agree that at this point with $21000+ block reward we shouldn't be paying high fees. i am disagreeing with you on saying "bitcoin is not working as intended". bitcoin was intended to be used as a decentralized digital cash and it is still doing that. the intention was never about the amount of fees we are supposed to pay. fees being higher, blocks being full, mempool being spammed to death, miners not making up their mind about scaling, and all the topics about scaling and some users calling it as store of value, only to transfer money oversees, only to transfer millions of dollars, .... does not change the fact that bitcoin is a p2p digital cash and it still is working as such. |
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There is no fundamental difference between bitcoin and "alt coins". All these are highly speculative assets,
yes yes, there is no difference. Now more than 3-million things you can buy with BTC, from 100's of merchantsOver 100,000 Merchants Accept Bitcoin listed in this directory!Microsoft is accepting bitcoin as a currencyDell is also accepting bitcoin payment. as of 2016 BitPay is processing 200 million dollar worth of transaction monthly. some small number of examples: Overstock is a major retailer to accept bitcoin since January 2014. The firm offers everything from furniture to jewellery to electronics. Prices are in dollars but there is an option to pay in BTC on the checkout page. Initially a US-only offering, the firm opened up bitcoin purchases to over 100 countries in September. Newegg, also a retail giant, with $2.8bn in annual revenue is accepting bitcoin. AirBaltic, the Latvian airline, has been accepting bitcoin payment with no additional fee. CheapAir the California-based online travel booking website, started taking bitcoin in November 2013 and announced in July that it has completed more than $1.5m in bitcoin sales on flights, around 200,000 hotels and Amtrak railway bookings via its platform. Purse.io and Gyft.com don't even need introduction, they are the biggest places for getting huge discounts using bitcoin for payment. REEDS Jewelers a large jewelery chain in the US, is one of the most notable merchants to accept bitcoin as a form of payment. at least 100 more of these on coindeskList of all places to spend bitcoin on coinbase |
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not that many things has changed. it is still the same as before.
bitcoin price does some slip and slide > Altcoin pump season starts > altcoins rise
bitcoin stops slipping sideways and starts rising > altcoins rise some more in USD value since BTC went up.
bitcoin continues rising > altcoins get dumped hard.
as you can see ETH has been getting dumped hard for the past days. (-29% drop)
litecoin is not doing well either, it was in a bubble and dropped (-36% drop)
alt pump season is not over although it is near the end, so you can still expect some rises (specially since there is still some hype about some altcoins, such as LTC SegWit hype)! but the overall movement will be DUMP all over the alt market in the coming months.
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Well it doesn't work as intended, because it was intended to be a currency and is now impractical for everyday transactions until SegWit/LN are implemented. SegWit doesn't affect the stability of the Bitcoin network, it's just a way of making Bitcoin transactions easier to send which is even good for bigger investors.
it DOES work as intended, and the increasing volume in transactions, increased number of merchants, increase in the amount of money that payment processors for merchants such as BitPay are processing each month (which is millions of dollars) is supporting this. the fact that there is a spam attack and during that period of attack people still pay low fees such as 20 satoshi per bytes and then get a late confirmation doesn't mean "bitcoin as a currency is impractical" at the same time price rising, and all these things that are said doesn't mean we don't need some solution for scaling. |
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It's also an older version of Sampey's trade bot ( reference). Distributing a virus along with stolen work... what a bunch of scumbags. If you're about to head onto the guy's trust page, click here. it is not an old version of C.A.T trading bot (Sampey's trade bot) it is not even a bot. it is a malware. the website is just using a low res cropped screenshot of Sampey's trade bot and shows it as their "bot" you can easily find the picture with a quick google search: https://bitcointalk.org/index.php?topic=1904782.msg18913289#msg18913289 |
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it can have different reasons. you need to be more specific.
but the reasons are usually these:
- the exchange you are checking (ie yobit) is behind the market. for example since nobody is trading there, price is still at previous amount.
- the % rise is the 24 hour rise. so depending on what you call 24 hour, the result will be different. for example if now is 10 AM, last 24 hour can be from 10 AM yesterday to 10 AM today. or it can be 24 (12 PM) yesterday to 24 (12 PM) yesterday. and that will give you 2 different % rises.
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adopting bitcoin is not the same as adopting it as their "primary currency".
for that to happen, there should be a lot of prerequirements met before any country can do it. first thing is obviously access to internet, to computers or at least devices such as smart phones or anything similar to be able to hold a wallet on and spend bitcoin from them.
and apart from all of this, price needs to be stable. as stable as other fiat currencies such as USD, EUR,... so people can consider it.
that is why all these news, are either misinterpreting the situation or are talking about people adopting bitcoin as in buying it (mostly investing) and using it for their online payments, etc.
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whenever price is going up, or even whenever it is going down, there is always going to be an increased volume. and this is the main reason in my opinion.
in both cases traders are going to make new trades to buy in the rising market to not miss out on anything. and when it is dropping, they sell their positions in order to prevent loss (like stop loss) and as the size of this price change grows, the amount of volume grows with it.
apart from that, it is the adoption combined with some FOMO.
with Japan news, many people started to see bitcoin as a more viable cryptocurrency that is also legit and good for investment. so they obviously started buying. >> increased volume.
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yes yes,
- altcoins are not in a bubble,
- their marketcap is real
- they are good and will grow
i just don't know why in the past 2 days the total marketcap of altcoins has declined -3,860,900,000 USD and that is a big ass 14% decline.
i also don't know why this "pattern" repeats itself each year.
everything is very real in altcoin market. yes yes.
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~ For BTC survive the next 5-10 years I am of the belief that we need Alts.
and why is that exactly? what is it that altcoins contribute to the world, specifically to bitcoin that you claim bitcoin needs them to survive in the next 5-10 years?! (apart from their pump and dumps and the profit that we gain, and the damage they do to the publicity of cryptocurrencies where average Joes see them as fake pump and dump coins they lose money in) |
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I can`t agree totally with this.
1.You will have to convert btc into the Japanese currency to purchase goods and services.
2.People usually don`t carry "big ass wallets".A credit/debit card can do the work.
Anyway,there is huge potential for bitcoin adoption in Japan.
1. read the bold part again, you won't have to convert anything to anything. you pay directly with bitcoin when a shop, lets say your hotel, the restaurant, the gift shop,... are accepting bitcoin payments directly. 2. yeah but you carry some funds too and i don't have to say all the problems of a credit/debit card and all the theft that is happening. and if you love credit/debit cards so much you can still use a bitcoin version of it. |
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maybe the method these different versions use to come up with the hash is different so they get a different pubkey but pointing to same thing. have to look deeper in PGP documentations for that
Hash collisions are possible which is why I've said above that you should use the full key fingerprint. If you use a truncated fingerprint (hash) then the chances of a collision are very real. With the full fingerprint there is no chance at all. i see your point but i wasn't talking about hash collisions. i am saying the difference between these keys is because they are using different versions meaning SKS versus GnuPG. it is all in the formatting the keyserver uses to store the public keys on their servers. you can read this reply here: https://security.stackexchange.com/questions/29574/why-are-my-gpg-public-key-on-my-machine-and-on-the-key-server-different#comment45875_29576 |
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... Appears the key has been changed. ThomasV himself stated that it's just a copy-paste confusion(?). They key in the link you provided starts looking like the same key you quoted for the first 11 lines, but then it changes on the 12th line. See the last line for example, in your version it's =Tisf and at the url you provided it's =ibXJ. Someone please explain what's going on. i'll admit i have no idea why there is a difference! the only difference i can see is between the version these signatures are using. the quote is "Version: SKS 1.1.5" the github one is "Version: GnuPG v1.4.11 (GNU/Linux)" on mit servers is "Version: SKS 1.1.5" https://pgp.mit.edu/pks/lookup?op=get&search=0x2BD5824B7F9470E6same as http://pool.sks-keyservers.net:11371/pks/lookup?op=get&search=0x2BD5824B7F9470E6maybe the method these different versions use to come up with the hash is different so they get a different pubkey but pointing to same thing. have to look deeper in PGP documentations for that |
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your scenario A and Scenario B are the closest one to what can happen in 4 years. there is a lot of adoption and hype going on with bitcoin and there is a lot more to come. and i am talking about real merchant adoptions not just more speculators buying in. i just made a new topic about Japan and bitcoin adoption, and how that will soon affect the price. with all their tourism and Olympics coming. https://bitcointalk.org/index.php?topic=1906607.0 |
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looks like the whale responsible for putting up the fake buy walls on kraken was getting high and forgot to do it. i wonder if he is going to get fired from the shill army or not. you know, from the payroll.  got it from the wall  |
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here are some thoughts i have had and i saw someone mention it somewhere so i made it into a topic for more discussion. you know when you travel to another country you have to convert all your money to their local currency, all the fees for conversion, and all the headache. here is a though: use bitcoin! - you won't need to convert anything! - you won't have to carry a big ass wallet containing a couple of 1000 dollars. it can be on a piece of paper looking like a poem (your seed). and you only need a phone to spend it! now here is where Japan part comes in.  Japan had 24.03 million international tourists in 2016. The Travel and Tourism Competitiveness Report 2017 ranks Japan 4th out of 141 countries overall. and soon the Olympics are going to take place there. Now if you have forgotten, recently Japan adopted bitcoin on a massive scale. starting April 2017 Japan is recognizing bitcoin as a legal method of payment. seeing this mark everywhere is more than enough:  spread the word...  |
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Market cap story time:once upon a time bitcoin had 16,000,000 (16 million) coin and was worth $1600 so its marketcap was nearly 26,000,000,000 (26 billion). so the scientist went hard at work, working day and night in their mathematics lab to come up with a solution to defeat bitcoin at market cap. "Eureka!" an excited little kid was shouting, standing in the dark corner of the lab. other scientists rushed to see what he has found. "We make more coins" he said slyly. "we make 70,000,000 (70 million) coins, and never put a cap on that number so in a short while we reach 91,000,000 and after a couple of months we will be at 300,000,000 (300 mil) coin" he continued. "but what about the price?" a scientist murmured. "Don't you worry about that, we keep the first 70 million coins to ourselves and buy more in the pump and dumps. we have banks to support us. soon with 300 million we don't need price, we can easily take over bitcoin's market cap with a small price of $86". "what about bitcoin price?" an old timer said. "don't you worry, we have a lot of shills spreading FUD about bitcoin 24/7. and then we also start a spam attack on the network to heat everything up" the kid said with his eyes sparkling. the scientists went out to celebrate their new find with bubbly Cider. The End
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