Thanks for the update, dev, we're all happy to see this project progress nicely. Might I recommend that some items on the website be updated so as not to mislead newcomers and minimise the sort of questions we're seeing on this thread?
Such as: 1. Hourly payouts. This doesn't seem to be true... it happens hourly sometimes and sometimes not. 2. 120 BRO per hour, also inaccurate as your latest post says it is 8 BRO (currently boosted to 60).
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Thank you for this! The statoshi link is new to me. The graphs above confirm it I guess. This is the highest its ever been. 130k unconfirmed? I can definitely see fees just pumping now, esp as BTC price is stubbornly above $1,500.
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I suspect you're right.
Right now, there are over 102 thousand unconfirmed transactions! The highest I've ever seen or even heard of!
Looks to be climbing slowly too... does anyone happen to know where I might find records of the highest unconfirmed txs are?
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http://coincap.io/Average Fee $1.61 https://btc.com/stats/unconfirmed-txThe current best transaction fees 199 Satoshis/byte | 0.00199 BTC/KB 0.00199 = 3.19 USD https://bitcoinfees.21.co/Which fee should I use? The fastest and cheapest transaction fee is currently 200 satoshis/byte, shown in green at the top. For the median transaction size of 226 bytes, this results in a fee of 45,200 satoshis (0.75 USD). Where did you get the "because fees are still $0.4-$0.5"? the numbers you are quoting are fee per byte not fee. if you don't do Address reuse and don't receive a lot of dust inputs from things like faucets and microjobs then your wallets stays clean of dust and when you want to spend bitcoin your transaction size will be about 220 byte (give or take). and with a 199 Satoshis/byte fee your total fee would be 43780 satoshi and that is $0.7 with the current $1600 (my calculation was with a lower bitcoin price because I forgot to check the current price of today! and $1600 was reached today) in any case it is still not $0.85 and not $1 and not $1.61 or $3.19 Yeah, you both have a point, but should be aware everyone makes different types and sizes of txs. Personally, no spend I've ever made has had more than 40 satoshi per byte, but I do recall paying a 100k+ satoshi fee once for an unfortunately bloated tx. Price was just over $1,000 at the time so I paid over a dollar. That been said, the majority of bitcoin I received especially in 2017 has had a fee well over 120 satoshi per byte with actual fee as high as 2 dollars at today's rates. In fact, if my withdrawals are part of batch txs I've easily seen 4 or 5 dollars fees. One particular site I withdraw a lot from spent over 1 BTC a day in fees alone, performing only batch txs.
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Been interested in this thread ever since its launch, and like others I wondered if the fee to join was too insignificant. However, we have yet to see how much volume this group can generate with consistent trading. I'll have to reassess after the first pump and see how that goes.
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Yeah, how many stories have we heard about mistaken addresses. I've only done it once, thankfully only because I right-clicked and copied an address just below the intended one in my Electrum wallet list, so I still received it, just not in the address I intended. A solution like this might make that mistake easier to avoid.
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I've seen this problem before in at least two other threads and if I recall, there were these explanations offered:
1. Your tx fee "contains dust"... I couldn't confirm this as your tx also does not appear on blocktrail. 2. Your tx is from another unconfirmed tx, in which case you have to wait for the former one to confirm before this one can. 3. Your tx needs to be rebroadcasted. Just leave your wallet open to do this.
That's all I can remember.
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Hey thanks guys for the helpful information. I think this issue's more or less fixed for me and I'll know better what to do if it happens again.
P.S. Hey OP, you really should give a little bit of your time here, a post a week even for a tiny update's not too much to ask for, I hope?
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Then it should be called "fishing"...if these people are trying to fish your password, private keys, bank info, etc.
The word was poorly chosen from the beginning. Everyone should stop using it. It makes no sense.
This really reminds me about pointless arguments about how to pronounce GIF... even the suggested pronunciation by its creators is never seen as definitive because there will always be people out there who think of language in their own rigid terms. Phishing has been in use for 20 years and is accepted terminology.
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Hey Loyce, just want to comment on some items on your post. I also joined byteball at the previous (4th) round of distribution. I noted that you weren't sure if it'll continue and just want to say that I'm certain it will, at least for another 8 rounds (they propose 12 rounds) until all bytes are distributed. If you didn't have a lot of bitcoins like me, the other option is to buy the bytes prior to distribution and then sell it after. You also get 10% of your existing bytes each distribution, and the price tends to bump right after each distribution, so you could typically sell back the ones you bought and still keep the 10% without loss. Just another option for you to consider ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I have asked this question before, and after many months searching for a good MMORPGs with Bitcoin incorporated into their in-game currency, I have found NONE. I still believe ONE good game like this, will take Bitcoin mainstream.... The game with the best integration of Bitcoin will be http://www.augmentorsgame.com/ .... So look out for that one. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) This is quite a different sort of approach in a game that OP is suggesting, if I understand correctly (nice site, btw). With Augmentor, the game itself is based on blockchain and the token seems to have had a good start with its January ICO-ala-Alt launch.
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There are some MMORPGs (at least two have a thread in this forum though the one I can remember Dark Knights, crashed due to data loss last month) that employ some of the mechanics you mention, most notable an in-game market where items and currency can be traded and exchanged for crypto. They were mildly successful but probably niche due to it being a bit (a lot?) technical.
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95% of the altcoins will fail regardless of what bitcoin does, it's those 5% you need to watch out for.
ETH is already 1/4th of the value of bitcoin. Dash is also a large contender.
Bitcoin is not invincible, and they should not act like they are.
Just curious, but how is Bitcoin acting like "they" are invincible? Apart from the few individuals on whichever side of whichever argument that can be conjured, I think most of us in crypto see any kind of dominance from any coin as ultimately good. Bitcoin grows, alts grow. Altcoins grow, so does Bitcoin.
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Hey there! So happy to see that these types of ideas come out from CoinFest (which I as usual unfortunately can never be around to visit!).
Clawgrabbers are cool anyway if you're into kitsch, but a bitcoin-powered one with Bitcoin merchandise?
You know there are a couple of trading card style crypto projects in here like Age of Chains - add them into the mix, perhaps even rare ones only found in the grabbers and you'll get quite a bit of interest if that particular gaming community finds out about it.
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I'm surprised that there is not a single significant thread discussing mimblewimble in detail, or even a healthy debate going on.
Considering how this feature brings many functionalities that Bitcoin desires for a long time, I was hoping for a wider discussions going on the forum. Instead I just found a few one-page thread and a couple of press releases.
I read the link on coindesk - confess it's also the first time I've heard of MW. Apart from the rather odd essay on why women should be more involved in Bitcoin development (what's stopping them, men?), it's one of the more well-cited articles. I venture that MW's never been properly discussed because it's a sidechain and from what little I understand about this idea... there hasn't been a solution for incentivising sidechain miners (how do you call them?). Are they going to want to maintain it for pennies (rancourous boos ensue)? Or do they settle for huge block rewards that mutate MW into an altcoin (hisses ensue from "core")?
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Wow. I just googled some stuff from the posts above me and found out about a "scaling war" that happened in 2015 and something about $1.5m already paid in advance of this forum development. I didn't dig deeper, because I honestly am not keen on diving into politics, but it would seem that some of this resentment and mud-slinging has its roots in something that started two years ago! It's a bit sad for a newbie like me reading this ReadMe/FAQ in Sep 2016 https://www.reddit.com/r/Bitcoin/comments/61s75o/rbitcoin_faq_newcomers_please_read/Then the experience of the last few months reading bct threads.
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Of course for people like us, it's easy to say common sense, logic and brains but spare a thought for actual newbies who simply haven't had the time nor experience to learn this "common sense". We forget that we once started out and did not have this common sense.
I remember in the 90s teaching my parents to use email. My mom had replied to a 416 scam email, luckily she told me about it. Now my mom isn't a Mensa candidate but can't say she had no brains. It's just the way things were for a 40+year old experiencing email when my town welcomed its first ISP.
It isn't true that "everybody knows X about Bitcoin". It isn't smart to keep saying "do your research".
That been said... and this is just my opinion: most people who get "scammed" and whine on forum probably understood the risks prior to sending off their Bitcoins but greed got the better of them. When the gamble doesn't work out, they wail over spilt milk.
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Dominance may be decreasing in that crypto-ecological sense, but in terms of influence and power? Bitcoin has never been more dominant and I can't see this eroding any time soon. The price of crypto, while helpful evidence, is really less and less of a marker. I've even stopped paying attention now, at least not until I get my fiat wallet fattened up for more BTC.
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I don't see how you can say that. Ethereum is about half of the alt coin market. Dash is not the other half, by far. Ripple is 3 times bigger, and LTC and ETC are comparable to DASH. Monero and NEM are each of the level of half-a-dash.
No, the alt coin market is much less monopolized than was the crypto market when bitcoin was still the monopolist.
The "leader of alt coins" has only 50% of the alt market share, while bitcoin has been, until recently a few months ago, essentially been above 80% of the market cap of crypto.
The market is becoming much, much more diversified.
And all the better for the entire crypto market. I've only been an accidental diversifier, but am glad for my modest hodlings of the three alts I've always considered to be part the "Big Four", ETH, LTC, DOGE. None have seen the spectacular peaks some alts have experienced these weeks and months, but I'm perhaps more comfortable with the steady growth.
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Humidity is definitely an issue if it is "wet" enough. Luckily, the heat from the components of the GPU will evaporate the humidity quickly. I know a user a while back warrantied his EVGA PSU and complained on the forums that their warranty sucked because they denied his request. A member of EVGA actually ended up posting pics of his PSU and how they found rust on a bunch of his circuits.
While the hotter running parts may be less susceptible to rusting, a lot of other components don't have that protection (MOBO, RAM, HDD, PSU, etc.)
So then it's just rusting or moisture damage at any rate, rather than a heat threshold issue? I never did do post mortems on the computers that gave out - they were mostly built from spare parts anyway, and I always just put it down to hot, humid conditions of a cramped room steaming in the sun all year long. I tried googling a little bit, but it appears computer parts are meant to operate at up to 80+% humidity anyway. Then again, maybe they never really tested these computers in the conditions I used them in!
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