That is a shockingly high number, I have to agree.
Not really, it's common to see campaigns from poker sites offering up to 120 euros for new users, and the requirements are usually much lower then 100 dollars purchase. But it's not common from coinbase, and it's at the same time there's a good versus evil battle involving bitcoin and bitcoinxt. This is like laying traps to kill all the raccoons in your yard. It's about how much a user is worth: Coinbase is worth $400 million, it has 2.5 million users, so each user is worth something like $160, if they are paying $75 for each new user who buys bitcoin, it's a bargain. They are being cheap paying only $75. |
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That is a shockingly high number, I have to agree.
Not really, it's common to see campaigns from poker sites offering up to 120 euros for new users, and the requirements are usually much lower than 100 dollars purchase. |
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They operate the same way, but if those conditions are met, Core and XT split, Core can disappear completely or still be maintained by some small group of people, if conditions are not met, nothing special happens...
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One should really support XT because: - The 1MB was introduces as a quick fix for a problem at that time, It is Nothing like the "Original idea of bitcoin" it was and is a hardcoded arbitrarily number, which everyone knew at that time would have to be changed at some point
- Is it so hard to see that the new develpers just are against XT is for: a) private profit interest b)loss of power and status. This is not for the good of bitcoin
- If a developing country as china (respectively their miners) are O.K. with 8MB blocks everyone else shouldn't have a problem with it. What's all this nonsense about BTC would become a thing of big corporations and so on for a Blocksize of 8 MB?? How large is a video that you watch? This is absolutely no problem for homeusers to use that
- In fact if you are against an increase you are totally promoting big corps to step in. If transactions over the bitcoinnetwork become slow due to artificially low blocksizes, people will "learn" that it is much more hasslefree to send money via Coinbase, bitpay and other services, that use internally an SQL database and work just like an ordinary bank. So you will end up having a super centralized de facto Network of Coinbase etc. which then do 90%+ of the transactions and the original bitcoinnetwork is then just the "clearing network" for those big corps which send from while to while an transaction to another big corp to settle debt between them. /li] NOT increasing blocksizes is just artificially creating a problem so that big corps can step it to solve it.
The same holds true for all the other solutions: there is a strong private profit interest in not increasing the blocksize. If this solutions are at some point in time so much better and actully ready for prime, then the bitcoinnetwork will accept them - why shouldn't it? But in the meantime there is nothing that speaks against increasing from 1MB to 8, no harm is done. Except you somehow fear for you future profits and want to establish the silly rule that this arbitrary number is not allowed to change - Bitcoin XT does in no way bad its just "activated" if and only if 75% accept it. No damage done here.
You don't have to like Gavin or Hearn, but nothing sensible speaks against 8MB. Its just fear mongering non sense for the sake of private profit. Vote right. Bitcoin Core is going to be rebranded Blockstream Core. |
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i respect your opinion but i dont think is right. Take a moment to read what is Mike Hearn and what he believe about bitcoin.
I've been following Mike since I discovered bitcoin, what are you talking about? |
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Login into cpanel and search for 'Software and Services' then click 'Select PHP Version', there you should be able to chose which version you want to use.  |
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Brilliant, I was hoping to draw some information like this out. So, the truth is slightly more nuanced than my OP; Google don't have any kind of moratorium on Bitcoin, as they are engaging with it internally, just not commerically. Could a news story not be squeezed out of that information somehow? I know plenty of journalists use sites like this for, er, research  Here, don't know if it's legit: https://www.reddit.com/r/Bitcoin/comments/2g9c0j/satoshi_email_leak/Relevant part: 1) legal uncertainties will be an ongoing issue for a long time. There's a ton of bitcoin interest inside Google - the internal mailing list has over 100 people on it, there are at least 5 or 6 engineers developing Bitcoin related software and we also have a regulatory compliance expert on board. But some of it is being held up by lawyers who are uncomfortable with the general philosophy of the project. Ultimately, Bitcoin is sailing against the prevailing political winds and it's unclear whether Google has the energy for (yet another) argument with lawmakers and regulators. I remember hearing Mike Hearn saying something in those lines at talks or interviews. |
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They are mining both versions, are the miners the ones who choose which version to mine? after three years in slush pool i have drop my mining machines from there. I dont want to be part in this BitcoinXT nonsense Because choices are bad! no because we are in a middle of a political reform of bitcoin. I am not accept to take part in this and to break the freedom of cryptocurrencies in favor of the banks. But you're taking a part, you chose Blockstream Core instead of Gavincoin and you think if a pool gives that choice to its users that's a bad thing, because people should not be able to have choices... |
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Wikipedia had the same results, it seems when it comes to donations, the more different methods to send money you have the less money you receive.
nah thats a lie. Most likely, the financial company, who facilitate most of the donation (cough paypal cough), tell them to take it down. Paypal already integrated bitcoin: https://www.braintreepayments.com/ |
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They are mining both versions, are the miners the ones who choose which version to mine? after three years in slush pool i have drop my mining machines from there. I dont want to be part in this BitcoinXT nonsense Because choices are bad! |
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Just checked my account, can't find the referrals page, maybe it's only enable for USA.
It was available when it was 25 euros...
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They are mining both versions, are the miners the ones who choose which version to mine? They let their miners choose. Nice, hope more mining pools adopt the same principle. |
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Because Core devs don't want to do that...
That's why all the drama, and if you want that use Bitcoin XT client.
No Bitcoin XT does not have a dynamic blocksize. It just doubles every 2 years. What OP propose is to adjust the blocksize to the current transaction load every x blocks. IMO it would be nice to scale the blocksize with every block calculated with a moving average over last x blocks. why not just modify the core so that every 100 or so blocks mined the block size increases by a small %?
Instead of "100 blocks or so" it's 2 years and instead of "small %" it's 100%... Yeah and this is not the same. First is like a step function and not dynamic. With a MA the size is always in the range of the transaction load. So there is a incentive to pay a higher fee to get a fast transaction. With the MA the blockchain space is always kept scarce for a given timeframe. It's what OP wrote... |
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There are a few options, Bitpay, Coinbase, Braintree...
Have you checked in cpanel if you can change PHP version, usually the default option is a lower version, and if your hosting provider does not have PHP 5.4 maybe you should change provider.
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They are mining both versions, are the miners the ones who choose which version to mine? |
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So what do you exactly need to get this referal?
Will this work from France, with the French bank account? I have to have a US phone number for verification or not? Do I need to send documents later and do a KYC? And do I need to actually buy bitcoins later in order to get this referal done?
Thanks guys.
I believe so, usually the bonus is same number in dollars, euros and sterling pounds. Verifications needed are on a country basis, in France should be citizen's card and proof of residence. In order to get the bonus a at least 100 euros bitcoin purchase has to be made, transfered by bank account. For each person you refer who buys at least $100 worth of bitcoin, we’ll pay you a referral bonus. That bonus used to be $25, but today we’re increasing it to $75. How is this possible?   I believe less that expected number of new users signed up and they need to up the bonus to create more incentive. Sign up, verify your account with KYC documents, bank account...
That's why! The KYC policy is hindering new users to buy bitcoins. They have regulations to follow. Coinbase is worth $400 million, it has 2.5 million users, so each user is worth something like $160, if they are paying $75 for each new user who buys bitcoin, it's a bargain. KYC is in place for many years now, it never hindered businesses who require it to operate like poker sites, gambling sites, sports books and so on. |
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Wikipedia had the same results, it seems when it comes to donations, the more different methods to send money you have the less money you receive.
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Everything about making business with Brazil sucks, it's too expensive for them to buy stuff outside Brazil, it's difficult to receive money from Brazilian users, it's difficult to send money out of Brazil, difficult or prohibitive expensive... You can check these services: http://www.correios.com.br/ - Canada doesn't seem to be in the list of countries they operate. http://www.sendmoney.com.br/www.westernunion.comHmm. But he can send money through paypal for 3%~. That would seem better. The problem is paypal also keep an extra 2% on currency conversion. And then i have the turn the paypal money into Bitcoin somehow or find a seller here that takes Paypal.
This sound like a pain. But 12% is being retarded and not doable. The 15% tax explain the price of BTC on Brazilian exchange, however.
Still there has to be a way to transfer fund with smaller amount of fee. If BTC is too expensive then we just have to find a cash way, hmm.
Paypal can only be used for purchases, not money transfer. |
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first Coinbase applied for a BitLicense in New York which scares some Coinbase users
and now they increased bounty for referral who buys $100 worth of bitcoin, they want more users?
They are valuing each user at at least $100, in a fintech company that doesn't seem a big value, each user must worth much more. What's the current Coinbase's valuation? |
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