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201  Bitcoin / Bitcoin Discussion / Re: What type of wallet do you use? on: January 07, 2017, 07:47:00 PM
use bitcoin core full node wallet, that's the one I've been using for many years, so it is good. I don't like web wallets as so many online wallets have been hacked so it is not safe.
202  Bitcoin / Bitcoin Discussion / Re: FUCK! The Bitcoin is dead again. This time for sure. on: January 07, 2017, 07:41:36 PM
I have seen so many times claiming bitcoin is dead, it's laughable. Bitcoin will not be dead since the huge interest groups behind it. They will support the bitcoin with big resources. More and more people and business will us it.
203  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 07, 2017, 06:29:06 PM
Next distribution is going to be 1/5 or so compared to  first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.

So only 20,000 GB will be distributed?

Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB.

Not sure why next distribution is much less, shouldn't we distribute each time 10% then it will still need 10 times distribution? otherwise it will be too slow to distribute.
204  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SelenCoin - Prof-Of-Stake 100% income per annum! on: January 07, 2017, 08:54:32 AM
You seem very experienced businessman, if you draw conclusions on such data, not having a clue about the business plan.

Business plan?? lmao, by a newbie and launch a coin with huge premine (virtually everything)?
Business plan is so easy: cheat, cheat, cheat, hope for a buck or two, and dead coin.

Stupid and waste time. Don't think other people as dumb Grin

Anyway, have fun.
205  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SelenCoin - Prof-Of-Stake 100% income per annum! on: January 07, 2017, 08:44:27 AM
It's just your opinion.
But, as practice shows, are always a lot of screamers.
"The sky is falling")))

The sky is not falling, people just expose scams like this one.

Premined 2,000,000 coins at first 100 blocks, and get hefty number of coins each day via PoS (one day get around 5500 coins), and then let people to mine 1 coin / block. This is just ridiculous, it is pure cheating.
206  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LiZi][ICO] LiZi NO MINE NO BLOCK NO POW NO POS on: January 07, 2017, 07:08:34 AM
Anything inspired by ThinLizzy ?? Cheesy



Make Up or Just Making Shit Up ?

No mine, no block, no pow, no pos, and forked from BERNcash, what a scam is this? lol
another coin started by newbie and seek for ICO...
207  Economy / Speculation / Re: The China Effect on: January 07, 2017, 06:27:01 AM

We can not do anything with bitcoin because chinese demand is too high and Once there are anything happened with bitcoin or chinese investors of bitcoins. that is very big problem because They owned biggest bitcoins in the world (90% bitcoin amount from China). I think we need another digital coin for the rest of the world.

Where did you get the source that 90% bitcoins are from China, that's an absurdly high number.
90% is too high to consider since showing this number means they owned most of bitcoin that circulates throughout  the globe. We dont need another coin and also no coin would able to get the reputation that is being built by bitcoin now these years but i do believe that they own huge numbers of bitcoin.

Same thought.

The % is high, but not that high.


I heard 68% mining power are from China, not the bitcoin itself. Though these years Chinese bought a lot bitcoins to hide their money, it will be interesting to see what's the percentage they own, but I don't think it is possible.
208  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 07, 2017, 06:07:19 AM
Can you explain how ByteBall is fundamentally different from IOTA?

AFAIK
- no POW, Byteball uses fees to prevent spam
- no ICO, Byteball coins are given out for free in several airdrops
- Byteball has full and light wallets with easy gui for Linux, OSX, Windows, Android, iOS
- Byteball uses chat bots to communicate with the user
- Byteball is based on javascript, IOTA on java
- Byteball is already traded on an exchange (cryptox.pl) and listed on coinmarketcap.com

http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/

Thanks!  I was really wanting to know what was the new consensus algorithm that was used that is different from IOTA.

Also, how are untraceable payments achieved?

Does ByteBall use RS ?

Untraceble payments are achieved by blackbytes, the transaction with blackbytes are done through direct connection between the two parties, and details are not recorded in the chain, except some tx hash so it can be verified later.
209  Alternate cryptocurrencies / Announcements (Altcoins) / Re: SUPERCOIN'S REVIVAL on: January 07, 2017, 06:02:12 AM
Great to see people are still interested in supercoin. It is one of the best coins I think. Unfortunately the supercoin team did not hype enough so that it is not as popular as coins like Moreno, Cloakcoin etc.
210  Bitcoin / Press / Re: [2017-01-06] - China's Central Bank Issues Warnings to Major Bitcoin Exchanges on: January 07, 2017, 05:51:47 AM
Looks like Chinese government wants a tighter control on the bitcoin trading in China. People there buy bitcoin to hide their fortune and to smuggle the money out of China. Stricter rules are coming for sure.
211  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the last 24 hours on: January 07, 2017, 05:49:45 AM
Last 24 hrs the bitcoin is down, down, down. Lol. It drops from about $1000 to $850. This shows that bitcoin is extreme volatile, as expected. It is an early gold that people try to find the true value of it.
212  Other / Off-topic / Re: Who controls the Bitcoins? on: January 07, 2017, 05:46:13 AM
It's a good question who controls the bitcoin. I think a group of dev controls it. Because for bitcoin, there are some private keys (for checkpoint and alert) that if one has it, he will be able to propagate his own blocks into the network. I think a few people hold the private keys there.
There's actually a website that has the private keys of all the bitcoin addresses. Funny because even if you do have it all saved on a .txt file, if will take you a lot of power and time (even years) before you can find the private key of a specific wallet. There have been discussion about this in this forum. There are just too many bitcoin addresses available and I really mean way many for you to be able to control bitcoins or hack someone using the list of all private keys.

I don't think you get what marseille said. He meant that in bitcoin, there are two private keys, not for wallet, but bitcoin itself. One private key is for checkpoint. If you have it, you can define the mandatory checkpoint that every other client will accept. Thus you can propagate your own blocks. I know this is true for the old version of bitcoin, not sure if this is changed or not. These private keys are controlled by a few devs in the inner circle of the bitcoin.
213  Economy / Speculation / Re: Another Bubble Bursts – Bitcoin China Crashes Over 30% on: January 06, 2017, 06:20:53 AM
The bitcoin price will recover... it went up too fast and in too short time. it still up a lot compared to 2 months ago. So it is not that bad. Once the price stabilizes, it will resume the up trend.
214  Bitcoin / Bitcoin Discussion / Re: Bitcoin IS basically DESTROYED on: January 06, 2017, 06:18:24 AM
You didn't answer my question but thank you for numbers that without your tin foil and speculation are completely harmless. Like I said, mining pools ≠ miners. No threat, not even with a 51% attack.

The Answer is in front of you , if you deluded yourself into missing it , that's on you and no one else.
Funny how you even ignored it when I posted the Chinese Miner admitted they could 51% attack BTC and win.

http://www.coindesk.com/china-miners-big-blocks/
Quote
It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.


 Cool



Even China controls 68% mining power does not mean they will do a coordinated attack. What is the point they want to attack it if they have the majority of the shares? doesn't make sense to me.
215  Economy / Gambling / Re: 1x฿it.com - Most Competitive Sports฿ook & Casino | ฿est Odds & Wagering Options on: January 06, 2017, 06:09:48 AM
I am wondering how the payout rates are defined in 1xBit.com, are they the same as other sport betting site such as Bovoda, Sportsbetting.com etc? I asked this question a week ago, but did not get any answer...

It is a great site, by the way.
They have odd providers, odds must be uniform with other major sites as well. I don't think they will have a different one, otherwise it's easy to find value for the sports arbitrage bettors. Bitcoin sportsbook now can already compete with the odds of the big sportsbook because some are already transferring to bitcoin online gambling.

That's exactly my question because if the odds vary then people would be rushing into different sites. But I did not see any statement in 1xBit.com that how the odds are defined. If they are the same as odd providers, maybe they should state that somewhere (or maybe I missed).
216  Bitcoin / Bitcoin Discussion / Re: Coinbase hack rumor on: January 06, 2017, 05:46:37 AM
Hope coinbase is not hacked, or at least not seriously hacked. Coinbase is the one I used frequently and has always been pretty smooth. It seems to have pretty good security too.
217  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XTR] Extreme Chain (DPOS, DEX, MPA) on: January 06, 2017, 05:44:03 AM
Playing with it and bought some BTC, but transfer BTC has a fee of 0.2 BTC?? Must be a bug. 0.2 XTR fee is fine, but not BTC.
Pretty cool coin, web wallet looks good.

Don't see this question answered, dev any comments?
218  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 06, 2017, 05:39:04 AM
i think blackbytes value will be 10x more high than whitebytes.
Cause it's 100% anon and only sender and receiver could see amount.


Well if you believe so you get mine. I will offer you 4 BlackByte for 1 Byteball from you.

Same here. I would offer 4 BlackByte for 1 Byteball as well.

Does not sound blackbyte is valuable. If I understand, the ratio of blackbyte to byteball is 2.11 so the transfer rate should be 2.11 blackbyte to 1 byteball. I am wondering why there's no exchange for blackbytes.
219  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] VIDIO - a video sharing platform on: January 06, 2017, 05:09:06 AM
This looks like a good start, at least:
1. interesting topic
2. not a newbie launched thread
3. no ICO

so watching closely...
220  Bitcoin / Press / Re: [2017-01-03] Happy Beginning Of 2017: Bitcoin’s Price Has Overcome $1,000 on: January 04, 2017, 09:35:48 PM
We are still in the initial long term appreciation of bitcoin, with more people joining in the party, bitcoin with its limited supply will go further higher, a lot higher. Hope this year we'll get to $2000.
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