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Well.. bittrex just gone and took my 2 sync... probably doesn't matter (probably dead coin).
They had the coin in disabled state for a long time because no connections to network...
now it's just gone..
Anyone had similar experience, can i even expect to get it back?
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here is something to make you shudder. In New Zealand we have a current huge house price spike in part due to foreign investors "speculating' the price will go up even more. As these people are hard to get at by the tax people (we have just introduced a capital gains tax they may 'avoid") the government is introducing a system where intermediaries have to get the tax. see the article below. Imagine if governments introduced that for bitcoin ie saying they do not know if the bitcoins being sent from person a to person b have been taxed properly or at all when with person a so they will ask for a 20% tax as it passes through an exchange (eg the soon to be approved twins one) or if person b is a recognisable entity eg a big retailer like amazon they will ask for the 20% from them. (Retailers already collect gst ( VAT) here so administratively it could be done overnight). that might knock the current price of $200-$300 around a bit eh?  they may be slow but tax collectors usually always get their way in the end http://www.stuff.co.nz/business/opinion-analysis/71846181/new-withholding-tax-on-residential-landBitcoin has already been classfied as VAT exempt in multiple tax jurisdictions , don't go expecting anyone to classify it as a VATable. sorry did not mean to imply that it would attract VAT itself - just that as retailers have already been forced to be VAT collectors and have easily adjustable computerised sales recording systems so they can be be forced to add a bitcoin tax of say 20% as well as any VAT. ie if you pay by bitcoin it will cost you more for the item than fiat or credit card. if I was anyone that was concerned about bitcoin hurting their business (eg bank? western union?) I would be getting my lobbyists onto the politicians saying that if people cannot prove how they got the money ie cannot prove it has already been taxed then they need to tax it at some point. It would of course lead to many anomalies (and cases of double taxation) but that is not their problem. In fact the more bitcoin seems hard/potentially unfair etc to use they more they win. bitcoin has not yet been faced with the status quo fighting back . when it does it will be fierce and nasty. it will make the core/xt internal fight look like a walk in the park Ok - I think this would be a stupid move by anyone (state etc.) - i think they would be prudent to take a wait and see approach and the lightest of regulation. Treat it as VAT exempt and see what happens. The last thing a small economy like NZ wants is to scare off potential innovators, the risk of losing out on the 'next big innovation' in finance is too great. Aren't Australia, despite initial misgivings turning more favourable towards bitcoin? NZ is bound to follow. |
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Double bottom on Stamp..  |
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…
At this point I'd say just find a way to put the forks on the market and let's arbitrage it out. I will submit if a fork cannot gain the market cap advantage, and I suspect the small-blockers will likewise if Core loses it. Money talks.
I had a strange idea recently: what if we don't even bother with BIP100, BIP101, etc., or trying to come to "consensus" in some formal way. What if, instead, we just make it very easy for node operators to adjust their block size limit. Imagine a drop down menu where you can select "1 MB, 2 MB, 4 MB, 8 MB, … ." What would happen? Personally, I'd just select some big block size limit, like 32 MB. This way, I'd be guaranteed to follow the longest proof of work chain, regardless of what the effective block size limit becomes. I'd expect many people to do the same thing. Eventually, it becomes obvious that the economic majority is supporting a larger limit, and a brave miner publishes a block that is 1.1 MB is size. We all witness that indeed that block got included into the longest proof of work chain, and then suddenly all miners are confident producing 1.1 MB blocks. Thus, the effective block size limit slowly creeps upwards, as this process is repeated over and over as demand for block space grows. TL/DR: maybe we don't need a strict definition for the max block size limit. that's just a re-write of what i've been advocating; lift the limit entirely. but yeah, your idea is great b/c it would give full node operators a sense of being in charge via a pull down menu. i like it. don't forget that mining pools are just huge hashing overlays of full nodes which they operate and could use to do the same type of voting. Yes, you have been essentially advocating the same thing. We could take this idea further: in addition to the drop-down menu where node operators and miners select the max block size they'll accept, we could add two new features to improve communication of their decisions: 1. The max block size selected by a node would be written into the header of any blocks the node mines. 2. The P2P protocol would be extended so that nodes could poll other nodes to find out their block size limit. This would be a highly decentralized way of coming to consensus in a very flexible and dynamic manner. It would be a recognition that the block size limit is not part of the consensus layer, but rather part of the transport layer, as sickpig suggested: you know what I can't stop thinking that the max block size is a transport layer constraint that have crept in consensus layer.
The network would dynamically determine the max block size as the network evolves by expressing the size of the blocks they will accept with the drop-down menu on their client. So…is this a good idea? If there are no obvious "gotchas" then perhaps we should write up a BIP. It's a wonderful idea! It scales dynamically by reaching a consensus in a decentralised way. The network decides and evolves organically almost. I love it. |
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Not scarce at all...
If some altcoin has a hardcap of 21 billion coins.. then by default it is 1000 times less scarce than bitcoin.
Most altcoins have the supply fixed somewhere north of 21 million.
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Volume looking good also.
Good signs...
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Nice green candle... weekend rally started... Sunday / Monday slight pullback/beartrap.. next week blastoff...
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Look at those Green candles go man....
looks like a little weekend rally... blast off next week..
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Interesting OP - posting so i can keep an eye on this.
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I'm not trying to be rude.. but an hour spent searching for this information yourself would be much more valuable than any of us just giving you the answer.
When you find out something for yourself, you'Re actually learning something.. When you have the answer just given to you, you learn nothing.
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Missed my buy at 283 by 1$ or so yesterday - bought at 310 today, sent another 1000 euro to Stamp..
I'm going all in on 300-305 if my funds reach in time to catch the re-trace.
It's all in time, for me.
Good luck, and trade well.
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Mr pietila,
What tax implications do you think will be set up for people in the future who don't cash out btc to fiat?
For example I make...let's say £500,000 from 100btc (which I don't have but is an example) in the years down the line.
I then am able to buy a property WITH btc. How can that be taxed?
Thanks.
That will vary from country to country. If the country you live in starts with bank bail-ins - expect them to try and come after all wealth. Impossible to say what future taxes in any country would be like... |
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Yanis Varoufakis just tweeted this
"@Lagarde. Sorry for the delay, I am really trying to pay the due, but I cannot find an open bank"
Joker
That one is fake i believe. Hope so. (funny and all that, but not the right time for him to make a joke like this, even if it was funny.)  |
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Excellent and informative thread.
Do you have a formula for calculating (excuse my terminology!) the given log value of the day?
I looked through the thread, but the only wolfram alpha links i clicked on give me the expected trend line price.. and not the log value above or below this line.
(I hope that makes sense!)
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I wish Ireland had of had the balls to declare their debt odious too.. (which it clearly was) and take the same route Greece is now considering. |
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I can't find any nodes that work... got a few coins staking for months - never had a payment - need to move them to exchanges, at the least... anyone have nodes?
thx
Here's mine, these are working... 10:59:26  getpeerinfo 10:59:26  [ { "addr" : "87.98.182.171:24241", "services" : "00000001", "lastsend" : 1434272322, "lastrecv" : 1434272322, "conntime" : 1434264332, "version" : 60019, "subver" : "/Satoshi:1.0.4/", "inbound" : false, "startingheight" : 611938, "banscore" : 0 }, { "addr" : "60.242.23.7:24241", "services" : "00000001", "lastsend" : 1434272322, "lastrecv" : 1434272322, "conntime" : 1434264514, "version" : 60019, "subver" : "/Sync:1.1.0/", "inbound" : false, "startingheight" : 611939, "banscore" : 0 }, { "addr" : "66.83.53.2:24241", "services" : "00000001", "lastsend" : 1434272180, "lastrecv" : 1434272322, "conntime" : 1434264542, "version" : 60019, "subver" : "/Sync:1.1.0/", "inbound" : false, "startingheight" : 611939, "banscore" : 0 } ] |
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Fuckn' hell.. it was created on 1st April  |
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28k after a bubble pop at 120k in 2018
We have a winner, i think!  |
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