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18141  Economy / Economics / Re: Was Bitcoin actually just a Pump and Dump? on: April 07, 2015, 07:32:54 PM
It might have been a pump and dump, but it did create utility to the point where almost all majour banks have blockchain technology R&D going on.

blockchain technology are nothing without decentralization, the whole point of blockchain isn't just a digital ledger, i would say to the banks, thanks but no thanks, you can take your centralized blockchain and turn back to fiat

bitcoin is still preferably, no point in making a bad copy of it
18142  Other / Off-topic / Re: The craziest shit you can buy with bitcoins right now? on: April 07, 2015, 05:36:35 PM
a crazy thing to buy right now would be a pyramid where inside it there is a private key holding more coins than what you have payed for the pyramid

would be pretty cool to search for it too
18143  Other / Beginners & Help / Re: How many wallets do I need? on: April 07, 2015, 04:11:29 PM
3 wallet are good imho, generally speaking one is for your main desktop with low amount on it, and two for cold storage, because sometime they can be corrupted, if you remove too early your pendrive/other hw error/ecc... one never know

i like to have this setup myself
18144  Other / Beginners & Help / Re: Stocks with bitcoin on: April 07, 2015, 04:02:02 PM
Only forex trader I like which has Bitcoin is "plus500(aka +500)". Unfortunately, they don't offer Bitcoin deposits probably because of the problem "source of the money" and withdrawals probably because of legal problems such as Tax.

I don't get it. They don't allow Bitcoin deposits. And they don't allow withdrawals in Bitcoin. Then how can you say that they "are having" Bitcoin? For which purposes do they allow bitcoin?

their trade is based on cfd, so you exchange fiat on the basis of the value change of bitcoin or other activity, therefore you don't thread real bitcoin or usd or gold
18145  Economy / Speculation / Re: The next bubble could well surprise even the early traders... on: April 07, 2015, 03:50:53 PM

people who sell at $2000 will be shocked when we hit $15000

While bitcoin is not able to break the 300$ barrier, dreaming of 2000$ and 15000$ is.. lovely  Grin

But my guts tell me that (though not impossible to reach!) those figures will still wait quite a few more months.

they said the same thing before the 1200 peak, bitcoin was stuck at 100 dollars, then boom, 1200 in a few moments

x12 increase, 15k i might agree that it is out of range for now but 2k is achievable
18146  Economy / Service Discussion / Re: Is Open Bazaar up and running ? on: April 07, 2015, 03:42:24 PM
No. It's still in development as are a few other decentralized markets and exchanges. I'm sure when it goes live this forum will be packed full of threads and discussion about it. I'm quite excited for them personally.

what other decentralized markets like OB are opening up?

there is this, a guy is working on it, still in heavy development

https://github.com/tchoulihan/bitmerchant
18147  Bitcoin / Development & Technical Discussion / Re: [PHP] How to get the address from a private key? on: April 07, 2015, 01:55:02 PM
wiki is your friend here

https://en.bitcoin.it/wiki/Technical_background_of_Bitcoin_addresses

also, for more in depth knowledge about ecdsa creation

http://en.wikipedia.org/wiki/Elliptic_Curve_Digital_Signature_Algorithm
18148  Economy / Speculation / Re: Bitcoin halving on: April 07, 2015, 01:51:32 PM
only two things could happen, value will rise, or the total miners will decrease, the latter will lead to the death of bitcoin for a certain degree or a reset, on the other hand the diff will decrease, and this mean more opportunity for casual miners
18149  Other / Beginners & Help / Re: how about removing ALL computers on: April 07, 2015, 12:28:13 PM
If you remove all nodes (I think you mean 'nodes' when you say 'cores' - computers that hold full block chain), Bitcoins will not be lost.
Only block chain will be lost, which contains the data of all Bitcoin transactions carried out till date.

Bitcoins are still safe in that case (that reside in wallet.dat files) but it would be impossible to claim those coins without the block chain.

as long as bitcoin are safe(and you hold your wallet.dat/private keys)you just need to restore the nodes and thus the blockchain, i don't see the problem here

but in this case, anyone can control the network easily, it would be a double spend-fest...
18150  Other / Beginners & Help / Re: My payments are stuck !!! on: April 07, 2015, 12:24:59 PM

try to wait 24 hours, if still not confirmed, try to contact help support there.
or maybe u can ask the reciever or payer is it alr sent or not.

There is no need to wait at this point Smiley it shows confirmed.

But this is what happens when you send a small fee.  Sending no fee is even worse though.

It's not only about the fee amount, but also the age of the coins, the older Bitcoin(Bitcoin that haven't been transferred for a long time), the faster confirmations you will get.

not only that, but there are others parameters too, like position queue, or how many transactions are sent in that time you send your(this is a very important value)
18151  Bitcoin / Bitcoin Discussion / Re: Bitcoin Losses on: April 07, 2015, 12:19:52 PM
not too much, lost only one due to a ponzi(x2coin), but if we talk about altcoin also then the story it is different  Smiley


18152  Economy / Economics / Re: Trading question on: April 07, 2015, 10:35:20 AM
this is a good platform for arbitrage

http://bitcoinpricelab.com/

related thread https://bitcointalk.org/index.php?topic=967249.msg10918141#msg10918141

the owner is still working on it, by adding other excange in the future, i don't know if he has the intention to add altcoin also
18153  Bitcoin / Mining / Re: BestShare value for AntMiner S4 in a single day operation? on: April 07, 2015, 10:29:52 AM
it's a random number, if you mine in a pool it's not so important because even if your best share is above diff target, you won't get the block all for you

otherwise in solo, it just tells you if you are near to find a block or not
18154  Bitcoin / Bitcoin Discussion / Re: Anyone realize about this? three BIG banks in three different continents are ... on: April 07, 2015, 10:25:35 AM
It's unfortunate so many bitcoiners are delusional to this "decentralized" hype. 99.999% of people don't get a pile of elephant feces about decentralization. No one cares. As far as they're concerned, big banks are a lot more trustworthy than some anarchist internet nerds.


Do you really think that people will one day wake up and realize how glorious decentralization is and how it will solve all of the world's problems? Please.


If bitcoiners actually thought about things from an objective and realistic perspective, and took steps to ensure bitcoins success, I think bitcoin has a good chance. But if everyone is so delusional, then bank or government crypto is going to completely overtake bitcoin, and bitcoin will either die or just used by a few anarchist/libertarians.

people don't give a crap about centralization either, you are really naive if you think otherwise, they just use banks to store money because they are accustomed to it there is no other reasons, the humanity is lazy animal, they want everything ready, don't like big change and other lazy things like that.

bitcoin success isn't a thing that a man can achieve, it need time/adoption and the fix of numerous weaknesses(like 51%, various unknown bugs in the client, ecc...)
18155  Other / Beginners & Help / Re: 21 million not never !!! on: April 07, 2015, 10:17:24 AM
What if Satoshi threw away his private keys where he held that many bitcoins, so that even if they get to him they cant steal his bitcoins?

Because if this is true, then the bitcoin price cant really go below 100$ cant it?

if the 30% of bitcoin lost is true then the price, should not go even below 1k, but we are at 200, the price is more related to interest(you can call this adoption) of people in bitcoin than its supply
18156  Bitcoin / Bitcoin Discussion / Re: Time to bust a myth. Paper wallets are less secure than normal encrypted wallets on: April 07, 2015, 10:00:08 AM
the point in the end should be to secure your desktop/laptop/device, it does not matter much which is less secure(and you are comparing a way where the wallet is encrypted and a way where it isn't...)

i did not even encrypted my wallet, and i never lost any btc due to thieves, because i have a secure desktop in primis, which is the most important thing

one thing you can do is dual boot(on separate hard disk, and remove the power from the Hdd with bitcoin everytime you boot with the other, this is secure at 100%, non-hackable)
18157  Bitcoin / Bitcoin Discussion / Re: Anyone realize about this? three BIG banks in three different continents are ... on: April 07, 2015, 09:48:08 AM
this could be a good bitcoin enemy, if it wasn't for the fact that those banks will use the blockchain technology in a wrong way, in the sense that they will end up with a centralized system, which the opposite of bitcoin is

no need to worry about this
18158  Bitcoin / Bitcoin Discussion / Re: Incentive for Nodes through Economics on: April 07, 2015, 09:37:55 AM
it would be cool to have something like, as a myself i would run the client 0-24 if there was some incentive for that, it would eliminate the need to go for a pos system in the future(like many have suggested)

but payout should not be too small like faucets or few satoshi as usual, but in the range of 10k-100k, this could also encourage more people to adopt bitcoin and store bitcoin locally instead of using unsafe online wallet
18159  Other / Beginners & Help / Re: Best way to earn Bitcoins? on: April 07, 2015, 07:40:11 AM
altcoin are too much of a gamble, the worst gamble you can ever get here, and the alt wave ended long time ago, now they worthless even at launch(just some exception here and there nothing else)

even instamining those alt is risky already, because many of those alt born dead

i don't recommend them for earning bitcoin, the best way right now to earn bitcoin, are simply signature campaign nothing else
18160  Economy / Service Announcements / Re: [experiment] Giveaway, FREE BTC, added daily on: April 07, 2015, 07:33:38 AM
pretty awesome idea. seeing I do not know how to use the keys to get the btc LOL I know it wont be me,

run your client and in the console under debug type importprivate key 5JF6A9117cAWShh8ydfPfmyiehFmwYdUog5tpPaBqGWfREf4GvP

the idea is cool, but the amount is low, yeah i'm greedy  Grin, but not so much because i'll not add those key
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