Well I'm a Bitcoin newbie, but I'm getting pissed off by the stroppy 2Mb people who are trying to force an apparently simplistic solution that isn't needed yet. I have yet to see a compelling argument that provides a justification for an immediate blocksize increase.
That's because you don't use bitcoin. Here's your argument: https://blockchain.info/unconfirmed-transactionshttps://chain.btc.com/en/blockThis is the latest block recorded in your link 399,189 AntPool 1 208 25 + 0.00000000 BTC 3 minutes ago 0000000000000000066105de87b895cc3d0631838da51af0fa33edee1b61600e That's 208 bytes in size. How will doubling the blocksize help when miners are submitting these. Dude, c'mon, learn a bit more... That's actually an argument for bigger blocks, if one block comes empty the thousands of transactions in mempool stay in there a bit longer, and next block can only include 1MB, it's like a snowball, if transaction volume doesn't go down network becomes shit. Bear in mind, 10 years of 2MB blocks = 1TB. Anyway, damage is already done, block size increase should have happened like 3 months ago, more two months of bad user experience aren't going to do much more damage. |
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Well I'm a Bitcoin newbie, but I'm getting pissed off by the stroppy 2Mb people who are trying to force an apparently simplistic solution that isn't needed yet. I have yet to see a compelling argument that provides a justification for an immediate blocksize increase.
That's because you don't use bitcoin. Here's your argument: https://blockchain.info/unconfirmed-transactionshttps://chain.btc.com/en/block |
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Network congestion is normal, you cannot rely on the network for fast transactions, you should use other currency like litecoin or just stay off bitcoin until it can handle current usage.
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You can always send with zero fee but you might end up waiting days for a transaction or even have your transaction dropped.
If you don't want to pay a fee you should check current network usage.
yeah I know... my point is they should change the options because they are very confusing and illogical. I am a software designer and anyone who knows anything about Interaction Design, should understand that this is a bad design. Yap, there's still a lot to improve in wallet design, even "recommended fee" is not reliable. |
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You can always send with zero fee but you might end up waiting days for a transaction or even have your transaction dropped.
If you don't want to pay a fee you should check current network usage.
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I've seen somewhere the solution for that, can't find it right now... Try this, first you dump the private key and then you import it again: To export a private key from your Satoshi bitcoin-qt client: 1. launch your bitcoin client as usual and wait for it to load the blockchain and start up 2. click on 'help' in the menu bar (top right) 3. click on 'debug window' 4. select the 'console' tab 5. type: walletpassphrase "your walletpassphrase here" 600 6. type: dumpprivkey [your Bitcoin address here] 7. this will return the private key, you can copy it now; ensure you clear your clipboard/history afterwards 8. type: walletlock http://bitcoin.stackexchange.com/questions/4203/how-can-i-export-the-private-key-for-an-address-from-the-satoshi-clientImport key: 1. Run Bitcoin-QT 2. Select Help (to the right of Settings) 3. Select Debug Window 4. Select Console 5. If you encrypted your wallet, unlock it by entering walletpassphrase "YourLongPassphrase" 600 next to the > input box 6. Next to the > input box type importprivkey <bitcoinprivkey> Example: importprivkey 5KJvsngHeMpm884wtkJNzQGaCErckhHJBGFsvd3VyK5qMZXj3hS http://bitcoin.stackexchange.com/questions/5941/how-do-i-import-a-private-key-into-bitcoin-qt |
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Check the address at a block explorer like blockchain.info.
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I'm already running 0.12 with -prune, it's huge space saving in my desktop, it's great because I don't have much storage on that machine and I don't like to use lite wallets.
I run a full not pruned node on other machine though.
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Read the announcement, no more trading at Cryptsy: Trades and withdrawals will be suspended on the site indefinately until some sort of resolution can be made.
Here are our options:
1. We shut down the website and file bankruptcy, letting users file claims via the bankruptcy process and letting the court make the disbursements.
- or –
2. Somebody else comes in to purchase and run Cryptsy while also making good on requested withdrawals.
- or –
3. If somehow we are able to re-aquire the stolen funds, then we allow all withdrawal requests to process.
I’m obviously open to any other ideas people may have on this. http://blog.cryptsy.com/post/137323646202/announcement |
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85,000 USD to hire an IT security person? really? this is his salary for how long? 1 job? even if that number is true , paying ransom means they can get hacked the next day and have to do it again and again, the hacker might even leak their security holes online so any novice hacker can get in and mess with their systems. It's year salary. Decent infosec professionals are expensive because they're rare and highly specialized. People in charge, usually, don't understand IT security, they go with what's cheaper now, and they cannot be prosecuted because they have a crappy system. |
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Bitcoin will see $1700-$2300 this year.
Meanings LTC will see at least $15 (taking into account LTC/BTC going down, but USD value will still go up. If, like 2013, LTC/BTC ratio goes up 5-6 times, it means USD value of LTC could reach at least $75 when BTC is at $1700).
lmao, are you drunk ? Are you new? |
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I'm surprised that nobody has tried to setup up any crypto-currency domain name extensions. There must be an opening there as the market expands.
We already have .co.in though  Careful with country code TLDs. They allow a government to seize your domain for any reason they choose, and often there are rules on country code TLDs that are more restrictive than gTLDs. In India for example was to ban bitcoin, you could see anything on .co.in taken down - even if it wasn't servicing India. With gTLDs the USA can easily seize it, remember The Pirate Bay and Megaupload? |
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My bet is on litecoin hitting around 0,05 BTC if/when there's another bubble in bitcoin value.
Historically, litecoin has been a far better investment than bitcoin, although price can usually be correlated with bitcoin swings.
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What is wrong with Stellar or Lumens or whatever they want to call it?
I have about 800,000 Stellars at my Wallet and I would like them to exchange them to BTC or Ethereum and I simply cannot.
From JustCoin & Kraken they both told me that I cannot exchange it at the moment! But WHY?
There's a decent volume on exchanges, can't find anything about transactions not being processed. Have you tried Poloniex? |
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Here's what I was able to find, check for volume and market cap for the most widely used. Monero Shadowcash Darknote Dash Boostcoin X11coin X13coin Cloakcoin Cryptcoin DigiByte BitcoinDark DogecoinDark Stealthcoin https://z.cash/I don't really think these coins are important, they have speculative value and are quite good for trading, I have made several profitable trades with some of these. |
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Yes, many people successfully raised millions of dollars in bitcoin through these foruns, sadly the vast majority end up scamming their investors, the rest end up being a very bad investment.
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