If bitcoin is going to scale to the moon we need all these options, we need bigger blocks and the lightning network and Xapo and Coinbase.
It can be argued that lightning network developers have an agenda to keep blocksize small in order to increase lightning network usage, don't know if true, but seems plausible.
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There's no risk for you, just keep your private keys safe.
Well, the risk is the investment, it can go up it can go down, but that's the risk we all take with bitcoin.
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Why are so many helping with trying to launder? I think darkweb/laundering are not really what we should push for.
We want more adoption from "regular" users. Yes darkweb exists but we should not be helping someone get coins to it.
Your bank account is private, your bitcoin spending habits also should be.
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I woke up and was shock to see the price of BITCOIN fell very sharply, what happened? current price $237
Just got online, price at $236 with a 20% increase today, it was a rough night...
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You have been propagandized to believe that a block increase is possible using only XT. There are 4 alternative proposals. Don't demonize a progressive improvement in the functionality of Bitcoin because of two clowns and the mob fighting them.
Where can I read about and download those proposals?
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I've been using BTC for many years now, but never really looked into the possibility to track bitcoins.
My question is:
Lets say I have 1 btc that I want to use on darkweb, won't it be laundered if I deposit it to a dice site or gambling site, tip myself on another account then withdraw it? I mean, if i deposit 1 to the site and then withdraw it, isn't the bitcoin I receive probably another coin?
Hope you understood my question?
Yes, but in that particular case the one you got will be traceable to you. You need to get bitcoin back that cannot be associated with you. of course the 1 btc can be traced back to me, but if i deposit and lets say I wait a week before i withdraw, but first tip another account. The the btc I withdraw wouldn't be the one I bought? Doesn't the bitcoins on dice sites all goes in the same pocket, like a mixer? Yes, correct. The blockchain trail is lost, but you still have to obfuscate your identity with the website.
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I've been using BTC for many years now, but never really looked into the possibility to track bitcoins.
My question is:
Lets say I have 1 btc that I want to use on darkweb, won't it be laundered if I deposit it to a dice site or gambling site, tip myself on another account then withdraw it? I mean, if i deposit 1 to the site and then withdraw it, isn't the bitcoin I receive probably another coin?
Hope you understood my question?
Yes, but in that particular case the one you got will be traceable to you. You need to get bitcoin back that cannot be associated with you.
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for now, 10% of all nodes are on XT...
11%! Since I got in this train, never a dull day. I remember talking to people about this, online and in physical life but I didn't expect to see it, it's exciting!
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The signed message is the proof, it should say the account now belongs to some other address that you own.
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What after the trial period? If Bitcoin community split into two and Bitcoin Core and Bitcoin XT run on different nodes - due to this coming fork, many people may lost their Bitcoins in their wallets.
How exactly is that going to happen?
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Hey, at least he wasn't making stuff up, that would be quite a story.
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All true!
If Bitcoin XT never reaches a majority at least it puts pressure for something to be done, hopefully before the network comes to a halt...
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Stress testing at least proved one thing: Even the blocks are all full, majority of users will not be affected. Blocksize should only be changed when there is a REAL problem, not by fear and imagination
Human are all adaptive, when banks closed during weekends, they don't change bank, but wait for it to open on Monday, and reduce their transaction frequency
That's all fine when you control all the software being changed, bitcoin network is a bit different and changes have to be planed way ahead, not when there's a problem, for everyone to upgrade, or at least a majority, it takes probably a year.
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There's an entire website dedicated to collect bitcoin demise predictions, guess what, all of them were wrong. This experiment isn't over yet.
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I find Ripple fascinating but comparing it to bitcoin is nonsense, and because all their differences I don't even see them as competitors, so calling Ripple bitcoin killer does not make sense to me.
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As far as I know, there's only one argument against block size increase, blockchain gets big, but that's an inevitability even with 1mb max blocks, eventually it will get too big for desktop computers.
Any change to the network that can be made with 1mb blocks can also be made with 8mb blocks or bigger, so the other proposals can also be implemented.
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Here, take a look at these: Why are you supporting XT? Are you think there is no future for Core? Or any other reason!?
Aren't you following the debate?
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Has any pool made a statement in that regard?
I know the majority supports bigger blocks, but actually start using XT I'm unaware of that.
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you don't need fiat to have btc, i never bought any of my btc, all earned through good old mining day and signature, even today you can earn a good amount via signature campaign
so there is a big gain in privacy/anonimity, fee and time, no one will know how many coins you're holding, and aside form this i find more confortable to use bitcoin than putting sensitive info like cvv in a suspicious site
Well, the vast majority of people has to buy bitcoin if they want bitcoin...
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I meant with user adoption, in the future, eventually there will be much more transactions on the network, they should occur on chain, at least for people who prefer that way, people should not be forced to use some centralized service because it becomes too expensive to transact on-chain.
Well, RIGHT NOW it's FREE to send coins around and blocks aren't even half full so i have NO IDEA WTF you're even on about. The future is the future. How do you know for certain these txs will occure? How can you be so sure about it? Do you have magical abilities to know this? What happens in the future in case your predictions of it are wrong? Please elaborate on that scenario. https://blockchain.info/en/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=I have no reason to believe bitcoin has achieved its maximum user base, I'm betting on it, otherwise I would be putting my money in something else...
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