two scenario a might see here, one is witht he value, connected with regulation of the exchange
we see how easy is for chinese to dump everything and kill 30% of the value in no time, because they fear their government...
another one is if you destroy those big farm in china, which it's surely possible to do
A lot of scenario actually things that can make bitcoin gone forever and die. Since bitcoin running by internet connection and then once internet disappear that time bitcoin useless. Even though it seems impossible to be happened but it is worth to be anticipated, isn't it? cathastrophic scenario like no global internet and no global electricity and maybe no global computer, will not affect only bitcoin, therefore they are not worth taking into account we were considering only those scenario that would affect bitcoin, even broking sha256(not that i'm saying it's possible...) will kill bitcoin, but it would also kill the bank system so it's not worth considering either... |
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i doubt deep learning AI was a reality in early 2009, so no it's out of question, also for launching in 2009 it mean that it was working on the ai even before this time, which make all this more improbable
satoshi was just working by himself on the design and assisted with a coders and someone else, this is the simple theory, and it's not very important anyway
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Yea, it might look like Bitcoin is getting more expensive, but this is just while we are under a spam attack... things will soon return to normal and then everyone will be paying lower fees. I do not know how long it will take for these people's funds to run dry, but they will eventually run out of funds to spam the network. We might also see some scaling solution soon... so let's not run into senseless conclusions like this.  are you sure this is a spam attack and not a genuine increase of the numbers of transaction per seconds? there is even a way to tell this? i don't think so if they are still doing all these spam attacks after so many time it only means that it is actually "profitable" to do and they have no real incentive to stop also it doesn't make sense for the miners to increase the fee because of spammers, when the spammers are actually spamming because fee is high and bitcoin don't scale, see the nosense... |
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you are comparing a finished tool against a non-finished one, bitcoin still don' scale properly, when they activate segwit or hard fork to 2mb or whatever they want to do to address the scalability bitcoin will have proper fee
if you compare it to fiat and the time they need you can actually pay 10k satoshi and be very lucky that it will confirm in one dday, like sepa(actually sepa can take 3 days some time...) so 0.1 cent against free not a big deal for me
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Just so you know guys there is service called transaction accelerator. You can find it here: https://www.viabtc.com/tools/txaccelerator/If your transaction is stuck unconfirmed all you need to do is copy transaction id and there is high chance your tx will be pushed through. The only requirement is that it needs to be transaction where you included 0.0001BTC/KB fee already. Transactions with no fee included are not eligible for this. it based on the same thing about fee priority, you actually will not pay less, it just prioritize the first 100 one so the one among those 100 who pay more will get is TX confirmed quickly before the other but does it work at least? |
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Someone may be turned to beckon on the GPU miner? I have it starts up, connects to the pool but all the pools say that the invalid shares
Ah you're the one flooding the pool with invalid shares ? The GPU miner will work after block 20500 - not earlier, did you read the text in RED on the pool header ? Clear. I just didn't pay attention to this information. So I do not know English and therefore didn't pay attention. No prob, you're not the only one  Im going to bed soon so if I set my miner to xzc.suprnova.cc:1569, you will automatically switch everything at block 20500 ? it's in 8 hours if you go to bed now you can wake up in time |
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New Port to mine with after the fork to the new Algo will be 1596 on https://xzc.suprnova.cc - only new miners will work, not the old ones. New miners should be posted here shortly your pool is already working on testnet right? i see accepted hashrate with the new miners and that port |
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the difference between the x64 version and the x86 version is a few things 1. you get a small increase using the x64 version 2. the x64 binary works with 5.0, 5.2 and 6.1 compute cards (Geforce 7, 8, 9, 10 series) 3. most people are using x64 windows now a days anyways. i was not talking about that, i thought it was different in the sense of optimization, with better hashrate |
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I dont think this will click. Bitcoin is not meant for bank. Its not the purpose of bitcoin. Bank is centralized while bitcoin is decentralized system. We dont want our identity revealed. Plus, no banks ever done this before, afaik. Why dont you build an exchange rather than this? Exchange/lending service, that would be great.
funny thing is that while what you say is true, everyone is still using an exchange to trade(and hold their funds which is against what bitcoin is by your logic, because they are centralized i think a bitcoin bank could help bitcoin adoption greatly for those that are newcomers to this world, in fact with the introduction of coinbase in the past, which is the best bitcoin bank you can get now, the adoption did increased |
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Apologized guys am I newbie trader, I thought that ETHs was so bullish yesterday due to it's candle appearance. But I didnt realize what really happened was the bitcoin dropped. Good thing I trade it to ETHS while bitcoin is still high.
why you just don't trade with bitcoin? you can easily buy now that the price tanked tnx to chinese exchange, and do a 10% profit when it willr eturn to 1k or wait for a higher pump altcoin are more dangerous and volatile, i would avoid trading there unless you plan to buy cheap one when they are worth almost nothign and wait for the increase |
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two scenario a might see here, one is witht he value, connected with regulation of the exchange
we see how easy is for chinese to dump everything and kill 30% of the value in no time, because they fear their government...
another one is if you destroy those big farm in china, which it's surely possible to do
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Did you happen to pay a larger fee than usual? I am guessing you did.
fee doesn't rally matter at those point, because if you have 3 transaction per seconds, or the correct number to saturate the block, that have payed higher fee than your, your TX will always be delayed you must always pay more than the average of the priority transaction, which lead to a rally where who pay mroe win, which is stupid... |
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Great work.
Only the consensus of miners is left.
From wan.
curious about this, but are miners at least running this version, or they are still stuck with old version since they seems to hate segwit and don't want to activate it not to mention that many of them use spv client |
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There's no need for different altcoins in my opinion. I think we all shouldn't bother of alts, many of them will eventually be devaluated, when side chain technology is implemented. At the same time I must give credit where the credit is due, some alts may be useful for example Altcoin which will be tested with Segwit before activation on Bitcoin
you can't acquire more bitcoin with sidechain, so no altcoin will remain because investors need soemthing to do their pump and dump, some of them wil profit other not altcoin are still good for stacking your bitcoin easily, provided that you are able to identify the good one and the most remunerative |
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Why would you want that? First of all this transaction fees now that we are growling about because it is getting too high will get higher when the government takes control.
There will be tax plus transaction fees and the higher the bitcoin you send the higher the tax will be. Who want something like that? It will be worse than Western Union or other money transfer industry.
it's simple if your government accept bitcoin, it means that more regulation will come in play, which is good for bitcoin, because it would increase adoption locally, and disrupt fear and untrust about the bitcoin system paying taxes with bitcoin would not be an issue if you don't dump, also there are soem country on which bitcoin is tax free, in italy for example you are not obliged to declare the revenue from trading |
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I'm wonder why Satoshi never reveal his/her identity but whoever reason he/she must have reason for doing it.
I think bitcoin can be use for something criminal so Satoshi want to protect his/her family because creating bitcoin = create another way to transaction especially for bad transaction !
the strange part is that he was MIA before the big jump of bitcoin, so it wasn't because he was rich or something, bitcoin value was still below $1 and with his amount he coudl barely reach 200k dollars... therefore the other reason must be an accident that cost his life or something else that we can't think about |
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some good node to sync this faster?
that miner will work with the wallet in solo mode?
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the only way i see if you have no trust at the beginning, is to make your exchange very fast, no confirmations needed for any deposit, and no limit, also zero fee on every trade and a good chat like the one of poloniex
withdrawals also must be witht he lowest fee possible, and problem related to any kind must be solved asap, so you can begin to build your positive trust
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