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17921  Bitcoin / Development & Technical Discussion / Re: The chances of finding a block in LESS than 10 minutes ? on: May 12, 2017, 03:57:16 PM
Thanks for the useful bit of information - it's new to me. Just curious: is this the probability for current difficulty and hashpower or does that no affect the chances at all? I've only been looking at this after the last halving. Was it quicker before that (I assume it was) or has hashpower always kept up?
17922  Bitcoin / Bitcoin Discussion / Re: Failure of the system on: May 12, 2017, 02:37:06 PM
I know it can be tough for us regular Johns and Janes, I recall being misinformed about Bitcoin from my early readings simply because guidance and literature just hasn't caught up to a rapidly-changing reality.

I'm not chiding you here, believe me, but it's time to take more control of your coins. Use a wallet that lets you set your fees and follow closely the efficient levels suggested by sites like bitcoinfees.21.co or that very helpful tool from mocacinno: http://www.mocacinno.com/page/feechecker.

17923  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked on: May 12, 2017, 10:27:22 AM
I know this question has been asked probably a dozen times, Just searched the last 5 Pages of this thread already without an answer. What was the ICO price per HMQ? From my calculations, 0.05BTC  = 1000 HMQ. (1ETH = 0.05 Btc in my calculation) So the ICO price should range between 4000 sats to 5000 sats? Correct?

Someone should correct me with the ICO price If I'm wrong.

It depends on the time and BTC/ETH price. Prices were when I entered the ICO: 1 ETH =1000 HMQ / 0.027 BTC = 1000 HMQ

Okay, So It's slightly above ICO price for those who join early in the Crowdsale. I can't say the same for others who join later on. It could still be under ICO price. The average price should be around 4000 sats though. Thanks for the information.


~Snipped~
The price now is still below ICO because I'm seeing HMQ is still trading at 3,000+ sats which I think gives an opportunity to buy cheap.


I can support that with my own pricing. I recall on first day of ICO that 1 ETH would buy 1000 while 0.028 BTC bought 1130 HMQ. Remember, this first day was with a 50% bonus so if I roughly calculate, the cheapest price would have been 2500 sats per HMQ.

That means the current price is cheap. I already bought more today, Hopefully the value of HMQ tokens rises soon while we await the Platform release.
17924  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: May 12, 2017, 06:35:23 AM
Almost every site I know that specialises in crypto-gambling has very low minimum bets... I still refer to them as microbetting. Even if BTC were to hit $10,000... 100 satoshi would be 1 cent - still a hundred times bigger than the single satoshi bets most gambling sites allow.

So yes, caution is necessary if you bought the coin with fiat but otherwise, no difference in the amount of bitcoin you've always been able to bet with.
I don't know, I still see a lot of Bitcoin gambling websites that have pretty high minimum bets, usually ones that offer standard gambling software.
Minimum bets are usually higher than in traditional casino's with these high Bitcoin prices.

Ahh, yeah. A lot of the whitelabel casinos (the ones that use a ready-made package from one of the big providers) tend to have minimum bets that are approximated to their fiat values at the time. In fact I still see terms and conditions reflecting BTC prices from 2014.
17925  Bitcoin / Bitcoin Discussion / Re: What was the value of 1 Bitcoin when you first mined/purchased? on: May 11, 2017, 01:21:26 AM
I earned my first BTC in October or November last year, can't remember the exact price but it was well below $1,000. I'd seen a few climbs towards it at the time, and had been hopeful of it to stay lower for many months until I could buy my first.
17926  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: May 10, 2017, 11:15:11 AM
Almost every site I know that specialises in crypto-gambling has very low minimum bets... I still refer to them as microbetting. Even if BTC were to hit $10,000... 100 satoshi would be 1 cent - still a hundred times bigger than the single satoshi bets most gambling sites allow.

So yes, caution is necessary if you bought the coin with fiat but otherwise, no difference in the amount of bitcoin you've always been able to bet with.
17927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] INSANE COIN 🔷 Pure POS 2% 🔷 18.4m Coins 🔷 Master Nodes May 5th,2017 on: May 10, 2017, 05:38:12 AM

We would like to thank our wonderful community on BitcoinTalk, Slack and Telegram for staying strong and staying with us during this master node implementation phase. We know that in crypto there is a tendency to jump on the next hot coin when difficulties set in.
We will have this issue resolved in the very near future and we think the community members that stuck by us will be rewarded handsomely with a rare, fully functional, master node enabled cryptocurrency.


Not sure that only a couple of coins are using Master Nodes. I know of two quite well (DASH and PIVX) and mess around with two (Bitrad and this) for fun... then there's at least a couple more (some alt with the word money in it is one).

But point taken - this swap makes room for more development, and you've just about made the MN timeline. Looking forward to hearing more.
17928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: May 09, 2017, 06:30:08 PM
If you are small time holder of byteball, please don't worry about a 50 or 100 price drop in byteball. If you forsee this as a problem in the future - I would suggest not buying anymore and just continue holding. Look at what recently happened with veteran coins in the past two months, eth, etc, litecoin, dash, xrp, xem..

Trust me when I say that byteball is priced perfectly right now. Just enough to curb mass accumulation and not too much to ruin the price growth - for the most part price growth seems organic. This is where whales and everyone should want it. And it's only been on bittrex for a month. DON'T hate yourself 3 years from now because you sold GB's below 1000USD. Remember, for every seller there is always a buyer.

And cut the crap with back and forth about IOTA. I haven't been around to know the details on both.. but WHO CARES?!? They both will exist as dags or tangles alongside of each other covering a wide spectrum of use cases. And both having success will benefit both tremendously. Anyway, I don't care all that much, I'm just here to hold byteball and its use cases.

With you on this one. Anyone who's got a long-term interest in one of the truly unique alts which has been one of the better ones in terms of development, shouldn't worry about the price. I'm a modest holder, got some bytes without the necessary BTC. I'm definitely keeping this for a very long time.
17929  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: May 09, 2017, 03:49:05 PM
I dont know if I am the only one facing this problem, but since days I am unable to download the latest 1.8.2 from https://github.com/byteball/byteball/releases/download/v1.8.2/Byteball-win64.exe which seems to be stored on the amazon aws s3 servers.

It get stucked after a few MB downloading, first download rate is dropping till zero > then download is canceled.

I tried it from several devices using different browsers yet, is there any other mirror?

Hi there! I faced the exact same problem but only with the latest version. I was successful on perhaps the 4th or 5th attempt, but I can only surmise it's just the hosting servers that were probably accessed by all the other users upgrading wallets - I tried perhaps in the first hour after the post informing was released. So basically, just keep trying!
17930  Economy / Trading Discussion / Re: Hold or Sell on: May 09, 2017, 10:11:47 AM
I booked in a portion of my coin at localbitcoins today. Roughly calculated to be the amount of crypto I would need to recoup 33% of my time/effort investment... so am quite glad I did it. Maybe it'll hit 2,000 soon but I'd rather take some fiat in now to hedge against potential dips.
17931  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think DOGECOIN is the future of Altcoins ? on: May 09, 2017, 07:40:52 AM
DOGE may not be the "future" of altcoins - it has certainly cemented itself in crypto history and has served a continued purpose as a gateway alt, introducing many people to crypto. The community is seeing a revival also, with the current 3 developers taking a real renewed interest. So it's not the future, but it still has a strong say, and all the better for that.
17932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org on: May 08, 2017, 05:40:45 PM
Does anyone know precisely how you might claim the rewards for running a TOR node? And I mean the browser, of course. I see it being mentioned in the ANN and several queries relating to it, but how might one specifically claim this reward?
17933  Economy / Speculation / Re: ALTS vs BTC on: May 08, 2017, 05:08:04 PM

To be honest I am sick of every other alt that is similar to btc nothing special. It would be much better to look to use them than just to pump them and turn money around. Money can't buy you happiness. But I also happen to know that btc and alts are just 70% speculation with an investors folding in the market. But much better is to be able to use them, I think that this is what btc have the most - usability over other alts.

I do get what you're feeling and I must admit my early weeks into this forum also gave me that same hopeless feeling about alts. I'm glad I stuck around a little longer and took interest in some of the older ones (my very own special Big Four). I haven't had any practical use in terms of their individual techs for the ones I've kept small holding of except very recently when trying out some of the features of Byteball (using a simple contract to eliminate need for escrow). I know it's not unique to it but had I not used it, I would never have had a chance to try.

Don't give up hope for tech, you'll be in for pleasant surprises!
17934  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy 44 Altcoins on exchanges tomorrow for a total of 4000$ on: May 08, 2017, 10:27:51 AM
Without commenting on the logic or rationale of your intent, the best advice we could possibly give you is to download and install each of those coin's individual wallets, make sure they each fully sync and you have the private keys to them.

Then withdraw all your coins. Backup each wallet and keep your private keys.

You're talking 2 months to 2 years, so paper wallets are probably better if you're buying significant amounts. Otherwise, I think desktop wallets you have control over are good enough
17935  Bitcoin / Project Development / Re: Gravura: Crypto-night club all around the world (Indiegogo) on: May 07, 2017, 03:33:40 PM
Sounds like a novel concept - you might even get guest stars from the large existing crypto youtubers.

The only question I have here is... why would you need backing or crowdfunding? The club and DJs already exist. Just provide your wallets addresses and start accepting payments!
17936  Bitcoin / Bitcoin Discussion / Re: ViaBTC: Should we active Segwit? on: May 07, 2017, 10:30:34 AM
I'm actually really surprised to see this poll coming from Via, given their seemingly unshakeable stance, but I think it's a really good sign that either side of the argument can still change their mind based on pragmatic reassessments of the situation. My vote is yes, of course! Whatever decision Via takes, well done.
17937  Economy / Economics / Re: If you were in desperate need for money.... on: May 07, 2017, 05:21:05 AM
I can understand a huge gamble (borrow money, double or nothing) if you're in a life and death desperate situation but I've another idea: hire out your body for a signature campaign. I believe tattoos have been done in the past. Maybe a crypto-inspired body signature camp.

All bad ideas are still good publicity.
17938  Alternate cryptocurrencies / Announcements (Altcoins) / Re: StakeKing - King of pure Proof-of-Stake coins - Crowdsale live on: May 07, 2017, 04:11:25 AM
Question, OP.

The entire premise of Stakeking lies in the percentage derived from Fibonnaci deemed to be most attractive for staking. But you haven't solved the second of the main problem you yourself identify at the beginning: dumpers.

At 68% staking per month, we're talking about very short-term profit taking. One massive dump will trigger others.

Any comment?
17939  Bitcoin / Bitcoin Discussion / Re: [Poll] How can we rescue Bitcoin from the hand of BlockStream? on: May 06, 2017, 03:35:13 PM
What if without the powers that be: core, Bitmain, Blockstream, BU, other economic interests, and random walk, that Bitcoin was 10 cents and quarter filled blocks.

Would you crucify one or more from the list above?

Even with all these self interested parties we have hit the infinitesimally impossible in 8 years.
The only thing broken at the moment seems to be ever increasing size of mempool and fees per byte.
I don't think a single actor should be blamed for that situation.

Eventually self interest will force them to band together. "The enemy of my enemy is my friend". The new enemy being the potential decline of Bitcoin, and/or rise of one or more altcoins, or regulation.

Until this plays out, I would suggest a public service announcement not to transact less than two lattes value as it is currently a proven fact that we avg 2500 transactions per 10min block. It's better served at the moment to let larger transactions get confirmation until consensus can be reached.

When proven to have enough capacity to transact in lattes, that's when people should do so.

Definitely one of the more objective opinions. I doubt your recommended PSA would have any effect, although I believe a lot of people are already limiting txs. I now lump payments together or just hold off until I really need it in my wallet (then again, maybe it is riskier behaviour leaving things in site wallets).
17940  Bitcoin / Legal / Re: LocalBitcoins BTC sellers being taken to court and pleading guilty on: May 06, 2017, 07:19:56 AM
Pretty typical of enforcement to go for the street-level transactors. If they really wanted to do the right thing, then get localbitcoin in US to require some form of KYC or tax diligence on US users. This only pushes away the real "bad guys", making it harder for them to be ferreted out.
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