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2541  Alternate cryptocurrencies / Altcoin Discussion / Re: Posts of Old vs Posts of New on: April 10, 2019, 12:39:01 AM
In my opinion, the problem started a few years ago when signature campaigns started up. I'm sure there were worthless posts before that, but they weren't a problem at the time. Now it has gotten better with the merit system, but there are still people posting whatever nonsense that spills out of their brains in order to make money from their signature.

Signature campaigns remain the source of the problem and the forum would be a much better place if they didn't exist. You would have people reading more and posting less.
2542  Other / Off-topic / Re: Flat Earth on: April 08, 2019, 04:47:05 PM
... All Christians, for centuries, believed that Earth is flat and in the center of the universe until Copernicus and Galileo showed them that it is not the case.  ...

That is a common misconception. While the Church believed that the Earth is the center of the solar system and the Universe, it did not claim that the Earth is flat. The Ptolemaic model that the Church endorsed included a globular Earth. It is interesting to note that Ptolemy did not put the Earth at the exact center and that this slight discrepancy was generally ignored.
2543  Bitcoin / Press / Re: [2019-04-06]The Next 4-Year Cycle in Bitcoin is Underway on: April 08, 2019, 07:56:05 AM
I'm not convinced. There has been only one 4-year cycle. The others were shorter.

Peak-to-peak cycles:

PeriodLengthChanges
2011-06-07 to 2013-04-092 yearsFell 90%, then rose 85x
2013-04-09 to 2013-12-038 monthsFell 66%, then rose 17x
2013-12-03 to 2017-12-184 yearsFell 82%, then rose 86x
2544  Bitcoin / Bitcoin Discussion / Re: Bitcoin Tumblers on: April 08, 2019, 07:30:20 AM
How do sites such as <scam site>, bitcoin fog, etc work? I just used cryptomixer and it split up my money into like 100 wallets. Is there any way I can do this without using a service? Quite interesting

It works by sending your coins to another person's destination and another person's coins go to yours. You can't do it without other people. However, you can use the Lightning Network instead of a service. It is an effective mixer because transactions are done off-chain and go through other people.
2545  Bitcoin / Bitcoin Discussion / Re: Possible scenario when all Bitcoin is completely mined. on: April 08, 2019, 07:15:29 AM
...I think that the price of Bitcoin will start to soar at that time without any manipulations because the demand will start to get high because miners will surely not sell their mined Bitcoin's at a lower price. ...

I disagree with your reasoning:

1. "demand will ... get high because miners will ... not sell"

That's a common misconception. Lack of supply does not create demand.

2. "miners will surely not sell their mined Bitcoin's at a lower price."

That's wishful thinking. People sell at a loss all the time. There is no reason to believe that miners won't. Miners must sell bitcoins to pay bills. They can't simply hold if they are losing money.
2546  Bitcoin / Press / Re: [2019-04-06]Canada Accepts Payments Using Bitcoin & Other Cryptos on: April 06, 2019, 07:39:44 PM
According to Lynn Dollin, Mayor of Innisfil city, they had to come out with this decision because of the increasing growth, popularity and adoption of digital currencies and blockchain technology.

The headline of the article made it look like the whole country of Canada accepted crypto payments in their taxes yet the truth is its only a unknown municipal city in Canada who implemented it. Just by searching in Google you will see that Innisfil city isn't a dense city which is only home for around 36,000 people that I doubt even a quarter of it knows what a cryptocurrency is. For me this is only just a political ploy that doesn't really change anything in their city, I'll be more understanding if one of the cities like Toronto or Vancouver have implemented this.

Yes, it is the usual CoinIdol clickbait.
2547  Bitcoin / Development & Technical Discussion / Re: Collection of 18.509 found and used Brainwallets on: April 06, 2019, 07:15:17 PM
An unusual passphrase:

WARNING: This key is not certified with a trusted signature!

(That's the passphrase.)

https://www.blockchain.com/btc/address/8d940736aae07fb4df7865b1e163d7bcd4112ce0

The fact that you were able to find this convinces me that any passphrase that can be memorized is not safe.
2548  Economy / Economics / Re: We need the large Over the Counter (OTC) buy orders on exchanges! on: April 05, 2019, 03:57:52 PM
... they have zero influence on the Bitcoin price. ...
There is no "the Bitcoin price". Every market reports its own last price and they are all different. Every trade has its own price and they are all different.

... Sell orders on OTC platforms... buy orders on exchanges...

Not sure about what you mean here. You need exchanges for orders. If an "OTC platform" takes orders, it is an exchange.
2549  Other / Off-topic / Re: Investment Product Questionnaire on: April 05, 2019, 03:31:45 PM
Done with the questionnaire but I'm having some thoughts here. "Amon users will be able to deposit their crypto and earn weekly interest, without locking periods" what does this actually mean?

It means it is a scam.
2550  Bitcoin / Bitcoin Discussion / Re: How close did they get to Blockchain before it was 'invented'? on: April 04, 2019, 06:04:36 AM
I don't think they are closely related. UAIF is basically a communication protocol. I feel that the only similarity with Bitcoin is the use of a distributed object system.

BTW, Bitcoin did not invent the concept of a distributed database. In fact, many blockchain-based projects would actually be better off if they used a standard distributed database instead.
2551  Bitcoin / Development & Technical Discussion / Re: Discussion: optimization of mempool fee levels on: April 04, 2019, 04:50:55 AM
...That means that we could compress all those transactions into just 6 fee levels:
5 MB with fees from 1 to 5 satoshi per byte
0.3 MB with fees of 6 satoshi per byte.
Instead of 40 satoshi per byte!!
...

Can you please explain the purpose and benefit of your proposal?
2552  Bitcoin / Development & Technical Discussion / Re: Transaction inputs and outputs with multiple addresses on: April 03, 2019, 06:20:48 AM
As @pooya87 explained, an output doesn't have an address. It has a script. There are scripts with no addresses (for example, a pay-to-any transaction), and there can be scripts with multiple addresses. It is all up to the script contained in the output.

The most common type of Bitcoin transaction is called pay-to-pubkey-hash (P2PKH), which is a transaction that sends bitcoins to an address. The script contains an address (in the form of a "pubkey hash") and a block explorer extracts it from the script and displays it as the destination address.

2553  Other / Meta / Re: KYC now required on: April 01, 2019, 07:56:53 AM
2554  Bitcoin / Press / Re: [2019-03-23]Bitcoin Bull Run Expected in August, Tom Lee Says on: March 31, 2019, 06:31:09 AM
None of Tom Lee's predictions have been correct. At some point, he may get one right but there is no reason to believe it will be this one.
2555  Bitcoin / Press / Re: [2019-03-27]Everything About Cloud Mining, Pros and Cons of Application on: March 27, 2019, 07:52:43 PM
Coin Idol is a worthless media site. Why are they writing articles promoting cloud mining?
2556  Bitcoin / Bitcoin Discussion / Re: Crypto0sy Exploits Gain Serious Attention from Developers! Breaking Viral News! on: March 27, 2019, 07:44:59 PM
Sounds like BS to me.
2557  Other / Off-topic / Re: Flat Earth on: March 25, 2019, 04:00:01 AM
Quote
What is the force that causes objects to rise or fall according to their density?
It's kinetic force.

Quote
If denser substances get pushed down by the lighter substance moving up, then why do objects fall in a vacuum when there is no lighter substance moving up?

I would appreciate your thoughts.
The lighter substance is aether. You can refer to the Sagnac Experiment for more information.

Thanks for your answers, but there are some things that I don't understand.

If the aether has a kinetic force then it must have mass. Is that right? Is that possible?

Secondly, if the aether causes things to fall as it rises due to lower density, wouldn't the aether drift shown by Knodel's experiment cause things to move sideways?
2558  Other / Off-topic / Re: Flat Earth on: March 24, 2019, 06:26:25 PM
I'm curious about density vs. gravity. I have only heard about this recently. There appears to be a force that pulls objects down, and it is called "gravity". What is the issue? Is the non-existence of gravity a central tenet of FE?

What is the force that causes objects to rise or fall according to their density?

If denser substances get pushed down by the lighter substance moving up, then why do objects fall in a vacuum when there is no lighter substance moving up?

I would appreciate your thoughts.

Finally, sorry to contradict your beliefs, but it seems to me that gravity is behind the effects of density that we observe. Given two equal volumes, the one with more mass sinks and the one with less mass rises, so mass is the key factor, just as in gravity. Doesn't this imply that gravity could be behind the effects of density that we observe?
2559  Bitcoin / Bitcoin Discussion / Re: How do you feel about control versus freedom in Bitcoin? on: March 20, 2019, 09:07:20 PM
    • Do you think freedom is one of Bitcoin's most important qualities?  Or is it more important that we ensure everyone is happy and agrees with any changes?  If you had to choose, which takes priority?  Freedom?  Or ensuring everyone agrees?

    Freedom is Bitcoin's most important quality. It is not possible for everyone to agree or be happy. Ensuring agreement and happiness is counter to the concept of freedom.

    • Do you think "consensus" should always mean a hardfork at 95% agreement?  Even if that means that just 6% of the network can then effectively veto any changes and stagnate progress?  Or are softforks perfectly acceptable as well?  How do you feel about users who express the belief that softforks effectively turn them into second-class-citizens if they don't want to to upgrade?  Do they have cause to complain?  Or is the fact that they can remain on this blockchain and continue transacting as they always have done a sufficient compromise?  Is it right for some users to move forward with a change if others haven't given their permission for that change?  Does this weaken or bypass consensus?

    There is no way to enforce the kind of consensus you are describing other than through mining power and forking. Any other proposed system of governance is wishful thinking or anti-freedom.

    The purpose of a soft fork has nothing to do with governance or consensus. Its purpose is to make a fork more convenient and less disruptive.


    • Is it wrong or immoral to create code that causes a client to disconnect another client from the network if the features they propose are not compatible?  Should users be allowed to disconnect incompatible clients if they want to?  Or is this a way to cheat consensus and deprive the users running that client of the chance to express their support for a change in the rules?  And, in this morality judgement, should we consider whether replay protection is included in the the client being disconnected if that means users can be safeguarded from replay attacks?

    A person running a node is free to do whatever they want to do, including connecting to a node or banning it. Beyond fraud or harming other people, morality has nothing to do with it. If the node runs software that you object to, you are free to modify that software (or get somebody else to modify it for you) so that it will work the way you want it to.

    • If you run a full node, are you fully aware of what rules it enforces?  Do you keep up to date with the latest changes?  Do you compile the code yourself so you know exactly what is going on?  Or do you blindly update your node without checking what the code actually does?

    I don't keep a close watch, but I try to be aware of things like the time luke-jr modified the version of Bitcoin installed with Gentoo to blacklist certain addresses.

    • Most important of all, does anyone genuinely believe Core are "in control" of the Bitcoin network?  Or do you think those securing the chain (both non-mining full nodes and miners) are ultimately the ones who make the decisions?  Do you think some developers have too much influence?  Should there be a larger number of dev teams?  Does Bitcoin have a level playing field?

    I don't believe that any person or group has complete control, but I feel that Bitcoin Core does exert the greatest amount of influence. Of course, Bitcoin Core itself is not a cohesive group of people, but they are controlled to some extent by an oligarchy.

    I believe that having several alternate clients would be ideal, despite the engineering and coordination problems that might create.
    [/list]
    2560  Economy / Collectibles / Re: BTC/ETH bars and wallet cards on: March 20, 2019, 06:39:14 AM
    Pretty interesting how they use 2 companies to offset the private keys risk.  I had to google translate some of the info -

    It should work. There is a risk that an engraver might make a mistake if it is not verifiable before shipping.

    I'm curious about the " The solution brought by COINPLUS (global patent pending) is to divide the secrets ..." because using a proprietary solution is not as good as using a well-known well-tested solution (e.g. Shamir's Secret Sharing algorithm).
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