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May 29, 2024, 09:02:29 PM *
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201  Bitcoin / Bitcoin Discussion / Re: Solution to Bitcoin blockchain being too full on: June 16, 2016, 09:54:00 AM
Can we all just agree on a date to withdraw our coins to wallets installed on our own computers so they are not on the internet, and flush the blockchains? I personally keep my coins on my laptop almost always in order not to contribute to the blockchain weight.

This could even become a monthly event so the blockchain could never fill up all the way again?

Apologies... I do not understand how this will help the blockchain. I thought the "coins" are recorded in the blockchain. How do we withdraw them onto our PC??
202  Bitcoin / Bitcoin Discussion / Re: Price increase : Pure manipulation or Halving block ? on: June 16, 2016, 08:36:28 AM
As usual, the price increase happens during the day time in Asia- very likely due to China's bitcoiners.

However, I do hope we will see the same during day time in Europe and the US.
203  Bitcoin / Bitcoin Discussion / Re: Buying Drugs with Bitcoin ? on: May 29, 2016, 04:04:39 PM
Personally I will not be buying any drugs/medicines online in near future. I rather pay a bit more to get from a reputable pharmacy.

After all, any impurities or even fake drug might kill you. Even fake drugs with no active ingredients will cost you the opportunity to treat your disease/conditions.
204  Economy / Economics / Re: Is bitcoin halving is real? on: May 29, 2016, 04:01:32 PM
The  volume has grown tremendously in the last hours  and effectively  its begin effects of halving.

it's funny how no one bothers to sell when it's at $400, but as soon as it reaches $500 people start to buy.

people are stupid in general
well yeah, some of us sometimes make dumb decisions in my opinion and theres no way to avoid it though at least right now people started buying their bitcoins

i think that bitcoin halving will soon start making the price grow really fast, i think that we should buy as much bitcoins as possible right now thus making the price grow even more

I kind of agree. However, we should not forget other factors may also affect the price, such as competition from alt-coin and also the burning problem of blocksize increase...
205  Bitcoin / Bitcoin Discussion / Re: New Bitcoin Puzzle on: May 29, 2016, 03:40:18 PM
There is a video with a poem and what looks like a password at the end (CL34RI7Y), but it doesn't work. And if you look at the source of the textadventure game, you'll see that it's making a post directly to http://whit3r4bbi7.com/api.php, so you could brute force it if you're lucky. The response to a correct jail code will be a username+password+url.

Edit: turns out the video is from a previous puzzle: https://bitcointalk.org/index.php?topic=766000.msg8824358#msg8824358

Please don't brute force our server our database for whit3r4bbi7.com is fully encrypted and the server is shared with other projects.

Agree. I don't think brute forcing is a good way to solve a carefully designed puzzle meant to stimulate people's problem solving power. Let's use our brain for this.
206  Economy / Speculation / Re: BTC is over $8,000,000,000 in market capitalization for the 1st time in months on: May 29, 2016, 03:36:47 PM

And how can be sure that there is no another 'bot trading' behind the curtains anytime bitcoin price rise so high and so fast?
We had not idea about Willy bot at that time it was active either.

We can't. And more than likely it is happening. And there's nothing illegal about it at present in most territories.

I am sure a lot of people are using their own version of bot in trading.

Personally, I thin we can kind of see the trend: from $400-420 jumped one step to $440-450, then another to $470, then another to $490, and now testing $530-$550. It seems like some bots will help to sell whenever there is about 5-10% increase.
207  Economy / Economics / Re: Mining coins save or sell it? on: May 29, 2016, 03:31:48 PM
I used to do some mining in the past, some time around early 2014. Spent about $800 on the ASIC miner and mined only 0.5 BTC- which gave me about $1600/BTC without taking in account the electricity!!! Mined for about 210 days, the production was 0.01 per day dropped to 0.0001 (or less).

However, no regret at all. The process of setting up the miners, configure the cgminer etc etc have definitely help in my understanding of how BTC works, which worth more than the $800 I spent.
208  Bitcoin / Bitcoin Discussion / Re: KNC Miner Declares Bankruptcy – Chinese Competition Too Tough on: May 29, 2016, 03:26:26 PM
Seems they have a profitable subsidiary that is unaffected by the bankruptcy

and will absorb core staff "XBT Provider"

Clever businesses always try to diversify so that it won't be affected by the sudden changes in a specific field. I guess they are closing the mining part and moving to other businesses.
209  Bitcoin / Bitcoin Discussion / Re: You can now load your coins.ph wallet at any 7/11 store in the Philippines on: May 29, 2016, 03:21:25 PM
I heard this happened in Taiwan awhile ago, selling some kind of bitcoin value cards at 7-eleven. However, I heard the effect on mainstream adoption was not significant- I am not sure if they still do that but rumours say bitcoin is illegal in Taiwan.
210  Economy / Speculation / Re: $250 here we come!!! on: May 29, 2016, 03:18:10 PM
I just hope that the price of bitcoin will not arrive at the $ 250 price again. I'm sure before bitcoin prices up at a price of $ 250, must be very many people who make bitcoin prices rise again

If the bitcoin price drops to $250 and stays there for more than a week, it means bitcoin is a failure.
That will not happen and that is because there are a lot of people that is waiting for a higher value.
But it is really hard to know what is going to happen and that is the problem.

The cost of mining for many low cost miners are around $250. I think the price will not drop below that level.

However, if the miner is a true believer of bitcoin, he/she will not only focusing on the current price... The future is even brighter!
211  Economy / Speculation / Re: Good idea to buy bitcoins now? on: May 29, 2016, 03:13:58 PM
the price of bitcoin is continuing to rise . i think it's a good idea to buy bitcoins now because sooner or later it will be more expensive .

Patience is the key. My average is about $580-ish and I waited from it was $200+, then a step to $400+ and now $500+... However, some people are going for short term gain so the risks they are taking would be higher.
212  Bitcoin / Bitcoin Discussion / Re: Plenty of Bitcoin apps now in Apple Store on: May 29, 2016, 02:07:31 PM
Wow! It seems like the discussion is now off-topic.

Talking about Singapore, I guess it is one of the Asia countries that is very open and neutral to bitcoin. Some even suspect its government is investing in the technology or the bitcoin itself. A news article in 2014: http://www.todayonline.com/singapore/temasek-launches-office-new-york-city

"Temasek invests for the long-term but also has its eye on the opportunities of tomorrow’s digital world, said Mr Lim. Just last month, it conducted a company-wide Bitcoin experiment with everyone, from driver to board member, learning how to donate to chosen charities from his Bitcoin wallet."

My guess is that, just like any other first world countries, Singapore should have a significant number of bitcoiners. However, most likely it is just like what Quartx mentioned, 1 in 5 know about it- which is already quite a high percentage!

On a separate note, Singapore is one of the safest country in the world. See http://www.businessinsider.sg/the-20-safest-cities-in-the-world-2015-1/#.V0r29VR94dU. I really do not agree with Bitcoinpro- it seems like you are not a great fan of Singapore...
213  Other / Off-topic / Re: A digital item was sold for $55,000! (CS:GO Skin) on: May 29, 2016, 01:54:58 PM
This is really not something new. Have you heard of the Tulip Mania? This is something similar.
214  Bitcoin / Bitcoin Discussion / Re: Plenty of Bitcoin apps now in Apple Store on: May 29, 2016, 01:15:19 PM
Still remember in early 2014 when Apple took all bitcoin related Apps off their Apple Store? A guy literally destroy his iPhone with a gun!

https://www.youtube.com/watch?v=DuQZTAJ2KLk

Not sure how he feels now when Bitcoin apps is now springing up like mushrooms after rain!
215  Economy / Speculation / Re: bitcoin haters - where are you now?? on: May 29, 2016, 01:08:59 PM
As bitcoin has touched $520, I want to know where the haters are hiding now??

Stop hating the bitcoin and make the most of it!

$520 is not new to bitcoiners... This is far from the highest fastest rise we have seen previously. Keep your spoon!
216  Economy / Speculation / Re: PANIC BUYING !!!!!!! on: May 29, 2016, 01:05:02 PM
Panic buying happened, similar to like it was november last year  Cheesy And who knows, maybe it is not over yet.

Looking at the market depth, it doesn't seems like panic buying. The volume is not as high also. We should just wait for the price to stabilise Smiley
217  Bitcoin / Bitcoin Discussion / Re: Why has it become so hard to import paper wallets? on: May 29, 2016, 01:03:27 PM
I use CoinPocket for IOS. It is very simple to use and support import of paper wallet. The private key can be exported (in BIP38 default). Fee is 100 bits per transaction (pre-set??).
218  Economy / Economics / Re: So BitCoin is at $520 right now... Sell or Keep for a few more days? on: May 29, 2016, 07:48:09 AM
Ignore the short term gain... keep it for another year and you will be glad that you did that!
219  Economy / Economics / Re: BTC at $500 means that I am finally in the green, others too? on: May 29, 2016, 07:43:32 AM
Not yet for me. My average is about $580-ish... The bubble just burst a little so maybe I will need to wait until reward halving day?
220  Economy / Micro Earnings / Re: How to make 0.5 btc just from fauceting? on: May 29, 2016, 07:40:45 AM
The only way is to make your own faucet rotator website/mobile apps which will help you earn via referal. I heard top earner can go as high as 0.01 BTC (1,000,000 satoshi) per day.
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