The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):Anais_58xi 1 13x BitLab 2,3,4,91,92,93,94,95,96,97,98,99,100 16x CASIO 5,6,7,8,9,10,251,252,253,254,255,256,257,258,259,260 3x Drait 11,12,13 2x Dress 14,15 3x Erikalui 16,17,18 Ghostbystive 19 IIO 20 2x Llozer1 21,22 3x Mayglia 23,24,25 9x Naoko 26,27,28,29,30,31,32,33,34 6x RefbackTeam 35,36,37,38,39,40 RemoteConsoleXD 41 2x Rhoiry 42,43 SergiuS 44 4x SimpleRed7 45,46,47,48 6x aRp 49,50,51,52,53,54 angayan17 55 2x artcode 56,57 3x ashitha 58,59,60 3x batakoluck 61,62,63 9x hitava 64,65,66,67,68,69,70,71,72 litelord33 73 3x logged 74,75,76 2x maksosip 78,79 12x natsag3 80,81,261,262,263,264,265,266,267,268,269,270 3x only 82,83,84 6x psonowa 85,86,87,88,89,90 2x rajapalak 211,212 shakie0901 213 9x shanem 214,215,216,217,218,219,220,221,222 9x singpays 223,224,225,226,227,228,229,230,231 9x somuchee 232,233,234,235,236,237,238,239,240 3x star2343 241,242,243 timoteo 244 4x vavilon 245,246,247,248 2x visions 249,250 PvP 77 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Happy Hour:Username : CASIO username: natsag3 Username: BitLab Next Draw is at Block 459000. Lottery pot: 27 mBTC. Good luck!
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Like You, I'm staying put and I'm keeping my Bitcoins in my Priv-Key owned wallet. If peradventure, A Hard fork eventually happens, I'm choosing the Majority in such situation.
You wouldn't have to choose a chain, your coins will be on both. If you spend them together with newly mined coins that exist on that chain only, there is no risk of your transaction appearing on both chains. I prefer to get bigger blocks without a fork, but if it's going to take a fork, it may be a good thing for Bitcoin if it can finally handle more transactions.
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In the case of the lack of major news (either positive or negative), the price is pretty stable right now. I think we have a different definition of "stable". Not many stocks go up and down as much as Bitcoin. The same for currencies. It is almost certain as well that the coins dumped are bought by a lot of independent traders, and therefore the wealth distribution is set to level out eventually. I have a different theory: pump & dump is used to manipulate the market. The ones doing it are referred to as "whales". From my experience, they use a pump to increase the value of their Bitcoins, while inreasing demand. When the order book is filled with enough people willing to pay a high enough price, they dump their coins. When panic sells start, they buy back their coins. In the end, the whale holds more dollars and more Bitcoins. That's also why the term "weak hands" is used for people who panic sell once the price goes down. But this theory is still not without its weak points
For example, while it is certainly true (well, at least, I think so) that unexpected, out of the blue dumps are caused by cryptowhales liquidating their stashes, but what about pumps? It could be said that pumps are in fact offsetting the leveling out effect of dumps. And while dumps contribute to more even wealth distribution, pumps certainly work in the opposite direction, i.e. contribute to wealth centralization (accumulation) in fewer hands.
It's nice to notice Bitcoin's price usually goes up slowly, and drops quickly. Also, drops go in stages: while dropping it usually goes up a bit again, only to drop more. I think this is meant to increase the price again before the whale sells more coins. Looking at price graphs, I feel like Bitcoin "wants" to go up in price, but it's being held back by dumps. In stock trading, "the common man" like you and me on average buy and sell at the wrong moments compared to the professional traders. While pump & dump strategies are illegal on the stock market, Bitcoin is unregulated, which makes is a perfect playground for whales. There is a thread that analizes MtGox-data, but unfortunately I can't find it back. It showed the large majority of users owns only a very small amount of Bitcoins, while only a few people own a lot. Basically, that's the same as the real world: the top 1% owns more than the bottom 50%. I doubt that's going to change any time soon in Bitcoin. Right now, the Bitcoin market has achieved sufficient scale to prevent market manipulations.
I don't think so: some actors still own more Bitcoin than exchanges trade per day. If they sell all, they influence the market.
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Congratulations Winners of Draw 458500: #1 First Prize: Visions wins 11 mBTC with Free Lottery Ticket #167 #2 Second Prize: LotteryRain wins 5 mBTC with Lottery Ticket #115 #3 Third Prize: LotteryRain wins 3 mBTC with Lottery Ticket #115 Total pot: 19 mBTCFull Lottery Results are of course public. The next Draw is at Block 459000. As always, you can claim Free Lottery Tickets every day.Next server seed: 2KY3J0OYH186Id71mE7tT11933L1FLh8
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I had many Ethereums before, in 2015, but I sold most of them and I am regretful now, my average sell price is 0.003 btc according to poloniex, I missed a 10x gain.
Sorry to hear that. If the bitcoin is in trouble, the Ethereum will rise further. Bitcoin and Ethereum prices often move in opposite directions. Ethereum is nothing like Bitcoin: it's centrally controlled, the millionaire-creator can hard fork basically whenever he wants (or needs) to save his interests, and it's attrackting attention from big corporations and banks ("the consortium"). Bitcoin on the other hand is unregulated. That's a feature, not a bug!
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The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):2x BitLab 31,32 2x Drait 33,34 2x Dress 35,36 3x Erikalui 37,38,39 Ghostbystive 40 Humbertin19_ 41 Llozer1 42 2x Mayglia 43,44 6x Naoko 45,46,47,48,49,50 Pinkfloyd 51 4x RefbackTeam 52,53,54,55 RemoteConsoleXD 56 Scarface4 57 SergiuS 58 2x SimpleRed7 59,60 2x TaiChoco 61,62 4x aRp 63,64,65,66 2x angayan17 67,68 2x artcode 69,70 2x ashitha 71,72 2x batakoluck 73,74 2x cryptos 75,76 3x hitava 77,78,79 legend 80 lemur1230 131 litelord33 132 2x logged 133,134 2x maksosip 135,136 natsag3 137 2x only 138,139 rajapalak 140 shakie0901 141 9x shanem 142,143,144,145,146,147,148,149,150 3x singpays 151,152,153 6x somuchee 154,155,156,157,158,159 2x star2343 160,161 2x timoteo 162,163 tnecniv 164 tyagi 165 2x visions 166,167 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Remaining ticket(s) donated in Rollin Chatter Box:PvP 168,169,170 Next Draw is at Block 458500. Lottery pot: 17 mBTC. Good luck!
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Congratulations Winners of Draw 458200: #1 First Prize: Ghostbystive wins 11 mBTC with Free Lottery Ticket #6 #2 Second Prize: angayan17 wins 5 mBTC with Free Lottery Ticket #176 #3 Third Prize: Drait wins 3 mBTC with Free Lottery Ticket #4 Total pot: 19 mBTCFull Lottery Results are of course public. The next Draw is at Block 458500. As always, you can claim Free Lottery Tickets every day.Next server seed: Y32DTKYI3R17RN0P8O9EdS3J5Y837V81
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Yeah there is a reason on why it was lowered to the current block size, but I guess people will want to pretend Satoshi's first thoughts are law.
Satoshi also said it can be increased again in the future. Read satoshi's post: It can be phased in, like:
if (blocknumber > 115000) maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade. This is 5.5 years ago now!
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The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):Anais_58xi 1 2x BitLab 2,3 Drait 4 Dress 5 Ghostbystive 6 IIO 7 Llozer1 8 3x Naoko 9,10,11 2x RefbackTeam 12,13 Scarface4 14 11x SergiuS 15,16,17,18,19,20,21,22,23,24,25 2x SimpleRed7 26,27 2x aRp 28,29 angayan17 30 artcode 151 ashitha 152 6x hitava 153,154,155,156,157,158 logged 159 only 160 3x psonowa 161,162,163 3x shanem 164,165,166 6x somuchee 167,168,169,170,171,172 tyagi 173 tnecniv 174 Humbertin19_ 180 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Happy Hour:username: SergiuS Remaining ticket(s) donated in Rollin Chatter Box:artcode 175 angayan17 176 aRp 177 lolgato 178 Dress 179 Next Draw is at Block 458200. Lottery pot: 18 mBTC. Good luck!
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Is there a chance of getting 1Simeon from LoyceV ? Either Case Sensitive or Case insensitive. Any will be appreciated.
It's too difficult for this giveaway, I can get it for 0.005 BTC with exact case if you want. It will take a few days to complete.
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Congratulations Winners of Draw 458000: #1 First Prize: angayan17 wins 19 mBTC with Free Lottery Ticket #68 #2 Second Prize: BitLab wins 9 mBTC with Free Lottery Ticket #3 #3 Third Prize: hitava wins 5 mBTC with Free Lottery Ticket #86 Total pot: 33 mBTCFull Lottery Results are of course public. The next Draw is at Block 458200. As always, you can claim Free Lottery Tickets every day.Next server seed: d4OI4P574W2vX81UC31J6XU3GdBW8B92
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I get the feeling wallets are "overdoing" fees when it's totally unnecessary. 1. There are currently 1480 Unconfirmed Transactions. 2. bitcoinfees.21.co claims the "fastest and cheapest" transaction fee is 220 satoshi/byte, resulting in 49,720 satoshis for a 226 bytes transaction. (is this site owned by miners?)3. btc.com says the current best transaction fee is 20 satoshis/byte, less than 10% of the recommendation from bullet point 2: The above screenshot shows that most transactions with less than 10 satoshi per byte confirm quickly. Now, what fees were used in the last 4 blocks? 457952: 55987037 satoshis for 998.18 KB resulting in 54.8 sat/byte457951: 141344188 satoshis for 998.064 KB resulting in 138.3 sat/byte457950: 206531288 satoshis for 998.136 KB resulting in 202.1 sat/byte457949: 171280224 satoshis for 996.719 KB resulting in 167.8 sat/byteI can only conclude wallet software is now massively over-estimating the required fee for a fast transaction, and we're all paying much more fees than needed when there aren't many unconfirmed transactions waiting. And even worse, when there are a many transactions waiting, these same fees still mean we wait long.
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The following Rollin users received Free Lottery Tickets (Ticket number(s) shown behind the name):Anais_58xi 1 13x BitLab 2,3,4,5,6,7,8,9,10,11,12,13,14 8x CASIO 15,16,17,18,19,20,21,22 2x Drait 23,24 2x Dress 25,26 Ghostbystive 27 IIO 28 2x Llozer1 29,30 4x Mayglia 31,32,33,34 9x Naoko 35,36,37,38,39,40,41,42,43 8x RefbackTeam 44,45,46,47,48,49,50,51 Scarface4 55 SergiuS 56 2x SimpleRed7 57,58 8x aRp 59,60,61,62,63,64,65,66 angayan17 68 artcode 69 3x ashitha 70,71,72 3x batakoluck 73,74,75 2x cryptos 76,77 12x hitava 78,79,80,81,82,83,84,85,86,87,88,89 2x litelord33 90,91 4x logged 92,93,94,95 12x maksosip 96,97,98,99,100,101,102,103,104,105,106,107 11x natsag3 108,109,110,111,112,113,114,115,116,117,118 4x only 119,120,121,122 2x rajapalak 123,124 12x sairji 125,126,127,128,129,130,131,132,133,134,135,136 scarface4 137 shakie0901 138 9x shanem 139,140,141,142,143,144,145,146,147 9x somuchee 148,149,150,261,262,263,264,265,266 2x timoteo 267,268 tnecniv 269 tyagi 270 4x visions 52,53,54,67 If you posted your name but didn't get tickets, one of these options is most likely the cause:- You used the wrong format in your post. Use this format: Username: Loyce
- The username you posted doesn't exist on Rollin.io
- You never talked in Rollin Chatter Box
- You have Red Trust on Bitcointalk
- You are Blacklisted for abusing this giveaway
- You have already claimed Free Tickets today
- You posted shortly before I posted this, and your post wasn't there yet when my Scraping Bot checked for new posts. If this happened, your post will be included in the next run.
You can always send me a message. Happy Hour:Username: BitLab username: sairji username: maksosip username: natsag3 Remaining ticket(s) donated in Rollin Chatter Box:- Next Draw is at Block 458000. Lottery pot: 27 mBTC. Good luck!
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Everything going as predicted. No bitcoin ETF, big dump followed by a slow but steady rise. We will see the price jumping a lot really soon,1800$ BTC soon. I donot think so. That will only happen after the block size is increased. I've said this before, and believe it more and more now. Bitcoin's first real improvement in years could have a very good effect on it's price. Especially after the ETF-denial, current Bitcoin volatitility, emerging alt-coins and months of slow confirmations, Bitcoin could use some good news.
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Hmmm... The poor "average user" who asks : "what happens to my BTC?" must feel really puzzled...Too bad that even the BTC experts cannot agree on how the BTC system works. I'm using Bitcoin for more than 2 years now, and I've known about it pretty much from the start (the regrets are real there), and it's still confusing me. I'm not an expert, I'm a user. I've also noticed many users don't really understand the basics of Bitcoin, from fees to unconfirmed transactions. In my opinion as a user: transactions are either too slow, or too expensive, and "the ones in charge" disagree on how to proceed from here, up to the point that "rumors" of a hard fork are getting stronger. I also think this is damaging Bitcoin, other coins are pumping up, reducing Bitcoin's market share (as percentage of coin market cap). Another thing that's confusing: the name "BTU"! Wiki: The British thermal unit (Btu or BTU) is a traditional unit of heat; it is defined as the amount of heat required to raise the temperature of one pound of water by one degree Fahrenheit. Please don't use this abbreviation for Bitcoin Unlimited! Call it BU, BTCU, BitU or UBTC, just not BTU. Note that if Core decides that it is time for a 2 megabyte (or larger) block, Unlimited will NOT fork (unlike any legacy core nodes). It is already prepared to automatically accept those 2 megabyte blocks just fine. Meanwhile, anyone that doesn't upgrade their Core clients before the activation date for larger Core blocks will get left behind.
Why doesn't Core just do this? This discussion has been going on for too long already. Further reading (CoinDesk): Bitcoin Exchanges Unveil Hard Fork Contingency PlanI'm kinda excited to see what will happen. I just know something should happen to improve Bitcoin's user experience.
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... since it has been quite some time that no new version of the QT wallet has been mentioned, neither some innovation to keep it going for the long term. As long as it works fine, it doesn't need "innovation". Don't get fooled by the "we need innovation"-hype. It would become ideal for Dogecoin to add SegWit to its code, and gain traction if it gains acceptance from the miners. SegWit is only needed to work around the small blocks in Bitcoin. Doge is much faster, and making a transaction is about 25,000 times cheaper than Bitcoin. There is absolutely no need for the hassle of SegWit. Nevertheless, Dogecoin is a great cryptocurrency being inexpensive and relatively stable, making it a great way to tip others or send micropayments faster than BTC at a fraction of the cost. I've always liked Doge for this. It's quite stable in dollar, the Bitcoin-value varies wildly caused by the fluctuations in Bitcoin's own value. What I don't like much about it, is how it's mined: it quickly produced 100 billion coins, and now continues to produce 5+ billion per year. See https://dogechain.info/statistics for a graph. It's designed for inflation, but that might also be what keeps fees low.
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You got my point absolutely wrong
First of all, Bitcoin transactions cannot be scarce by definition, otherwise blocks wouldn't be full (according to your logic). There is an outright contradiction in these few sentences above, i.e. transactions are scarce while blocks are full (that's an impossible combination).
Maybe we have a different definition of the word "transaction". When I say "transaction", maybe I should have used the word "confirmed transaction". It's not that Bitcoin has a lack of people wanting to make transactions, the scarcity limits the number of possible transactions that can be confirmed.
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Before anything, if the amount of profit obtained per block goes up, that should necessarily cause the fees to drop, nor rise (in a free market). I guess this is the first thing that should happen if there were a genuine competition between miners. This would happen in a free market. If it becomes cheaper to produce bicycles, sales prices can go down. But Bitcoin transactions are scarce. Unlike new bicycles, users have to compete with eachother. If blocks wouldn't be full, it would make perfect sense to pay a lower fee (measured in Bitcoin) if the Bitcoin-price (measured in USD) goes up. Suppose Bitcoin could handle 8 times more transactions. Fees would be lower, but more transactions means more fees anyway. And more importantly: Bitcoin could facilitate 8 times more users, which means the price could go up an order of magnitude. How can miners not see this?
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