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A thread for discussion of all things Lightning Network.
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Just on the airplane to Mallorca , how of all possible dates could my girl booked during the BELGIUM semi finals  if everything Goes quickly we Will be there for the second half ..... but wtf Line UPS looking strong So Common red devils Just don't read anything that gives any spoilers and start watching it from the beginning when you land. Functionally equivalent to the game having started an hour or two later than it did, no? |
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Here we go! This will do https://www.lightningspin.com/. I've never gambled before. I hope I'm not about to find out that I'm one of THOSE people. I'll do 5x so that hopefully I lose and don't have to find out  . *update* I lost $0.38! Noooo! But hey the fee for the transaction was 0.006 satoshis! Holy cow. That's $0.00000038 Bwahahaha. The poorest person in the world could afford that fee. That's like one one millionth of one tin can collected for recycling by a homeless man. And now I can receive a payment too. |
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2) I mean, I could provide you an invoice to pay. How much money to you want to send me ?
Is that the only way it works? You can't just provide something like an open ended address that I can send how ever much I want to? If not than that's probably why no one responded to my call. Not only that, but also the recipient needs to be online when the transaction is made. Both reasonable prices to pay for what is being achieved. We all wish there was a magic bullet. Bcash certainly isn't it. |
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Im about to buy a million coins, I just hope it doesn't go up too far first   <- Do you know what those are?... skepticals. |
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1) Good question. I'm not sure about how that works - needing to establish at least one channel to fund a transaction. I'd test, but I just shut down my node a short while back - It has become a distraction at the moment, and I'm starting to pursue passion projects now.
Hey I found my answer. My wallet is saying "Can't ask for Lightning payments yet because first you need to spend at least ~5000 satoshis in order to make space for receiving." My intuition from my understanding of the mechanics of lightning was right. I feel pretty good about that. Doesn't that create a chicken and egg problem though? How was the first lightning payment received? 2) I mean, I could provide you an invoice to pay. How much money to you want to send me ?
Is that the only way it works? You can't just provide something like an open ended address that I can send how ever much I want to? If not than that's probably why no one responded to my call. 3) Back to point 1 - shutting down my node - lightning is certainly a compelling technology, and I'll be revisiting back when it's even more stable. Playing with it over the last 4 months has been... well... a bit of a slog TBH as things were approaching the 0.6 release. Funded about 0.5 BTC to play with across a bunch of channels, pulled out 0.26 BTC after shutting everything down. Fucked around with Satoshi's place a bit, bought some stickers, but I believe most of the 0.24 BTC I didn't get back was blown on channel open/close fees, and possibly just "lost" due to bugs and shit. Whatever. Still continuing to run my full public node, as that is effectively zero upkeep, and I have enough HD space allocated for the server to run for at least 10 years if it has to, on it's own dedicated UPS. Just wish this wasn't such a shit season for Bitcorn  Jesus christ man. That's thousands of dollars. That sucks. I'm not running a full node here. Just testing out the android app. Just testing how the UX is shaping up for normies.
Does anyone know a service that allows a content creator to receive micro payment donations via lightning? That was touted as one of the reasons for developing this technology after all.
Sorry for so much off topic talk about lightning. Again if someone knows a better active thread for it I'll take it there instead. But I don't see too much harm in it, not much else going on around here. |
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https://www.coindesk.com/merchants-bitcoin-lightning-network/"100 Merchants Can Now Trial Bitcoin's Lightning Network Risk Free" "Instant payments are the most important from our point of view," Tamás Szerencse, head of payments at LiveJasmin, said, expanding on why the company joined CoinGate's Lightning pilot.
With up to 40 million daily visitors, LiveJasmin could become one of the biggest mainstream merchants to experiment with Lightning so far. Experimenting with more diverse transaction types could provide invaluable insight into how Lightning works out in the wild. livejasmin sounds like porn. porn was always driving new technologies. if porn accepts bitcoin, mainstream adaption will follow  Not just porn. Before that all the innovation was coming from a desire to actually mate with a real females.
Does anyone know, do I have to spend down on my channel (I only have one open right now) before I can receive payments on that channel? Or can I receive lightning payments that cause a balance on a channel that is in excess of the total amount that I dedicated to the channel when I opened it? If it is the latter is there a limit to it?
Hey guys. Are you seriously telling me that not one person here can provide me with a lightning address to test out in exchange for free money? Alternatively does anyone know any good causes (causes, Jesus I sound like a liberal) that are accepting lightning donations? |
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Thats because I bought right before that. BTW guys add width=500 or smaller when you quote large images. Damn it Hueristic! You need to warn us before you buy! |
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Does anyone know a good non-dead thread for lightning network discussion?
Also does anyone else have a lightning node? I'll send you some satoshi for testing.
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how cute
 It's like rule 34. No matter how crazy an idea there is at least one person somewhere who believes it. |
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The empty buildings used as tokens for land speculation might be ok if eventually it will be useful. However China has demographic problems, the working population is dropping.
The country is still developing but this kind of empty growth could end up with them poorer over ten years imo, like alot of the world. I've heard Chinese debt described as worse then any other (worthless base worth though land is always worth something).
Did you hear the one guy say that those crumbling hi rises are only 3 years old?? And instead of concrete he chipped away at it with his finger, it was literally stucco covering what looked like cardboard. Here in the U.S., those buildings would be condemned and demolished for not even coming close to meeting code, and the developers fined and jailed. If Chinese people are moved into them, esp. to capacity, they will eventually collapse and people by the hundreds, perhaps thousands will die. And then they truly will be "Ghost Cities". I'll tell ya. This inspector on the house I've been building (having built for me by professionals) has been a royal pain in the ass. The 20 year old me would have been like "screw the man, let people build houses how ever they want" but I found I have lost much of my libertarian zeal. He may be causing the project to fall behind schedule which is frustrating but I cant help but think, at least no one in this country is using construction techniques like what you are talking about from that video. It makes it hard to hate the crotchety old pain in the ass quite so much. |
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hoosegow=jail
the clink, the big house, inside, the lockup, county, doing time
kapiche?
Well, kapiche on half of the question. |
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My cat's been out of the bag for a while now. I spent 2 days in the hoosegow about it. Never discuss Bitcorn with a normal. Never. Can you explain what you mean? What is a "hoosegow" and how precisely did talking about bitcoin to normies lead to you spending 2 days inside of one? |
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I reviewed LocalMonero.co and found that almost every listing does not accept payments from New Yorkers. Why?
New York has a state law known as BitLicense which makes it a lot more onerous to operate any kind of cryptocurrency exchange there: https://en.wikipedia.org/wiki/BitLicenseOn the other hand, if you HAVE the license, you can sleep much easier at night than trying to run a business where there are no regulations wondering what sort of crazy shit the government might cook up to do to you tomorrow. |
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Agreed with Torque. People are retards and it is not going to change. There will always be morons who'll take loans from banks to buy a goddamn BMW.
I own a small business and the bank employee in the bank which owns my business bank account despises me. I can see it in his eyes.
-Sir, you don't have any mortgages. No car loans neither, Nothing. In fact you haven't taken a loan since you were born. Would you like some?
+No thanks.
-Btw, you also don't hold any money in your account. Your networth is nearly zero. Would you like some stocks?
+Nope.
-Alright. *Fuck you dear sir*
You should have seen the little teller girls expression that time I deposited a $180,000 check. I was curious before I did it what the reaction would be. Would it be awe? Would it be unimpressed (maybe she sees it all the time being a bank teller)? Would it be skepticism? Would it be avarice? Would it be appreciation? I'll give you a moment to make your own guess. It may be relevant to add that I am a white man in my late 20s and she was a young black woman probably in her early 20s. No, none of those, it was just anger. You could tell she was instantly and visibly PISSED. Jaw clenched, mouth tightened, eyes narrowed. No ambiguity in it. It made me feel sorry for what ever man she went home to that night. I was surprised by that. I don't know why. I don't know what I was expecting. I don't know what I should have been expecting. If you guessed did you guess right? Also in the interest of you guys not thinking I'm some sort of gangster or something trying to flash my bling, I'll add that the money was simply to buy a home for my family. I don't routinely do crazy things like that. In fact I never have before or since. |
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The current market volume for altcoins and btc is insane compared to a few months ago, where did it al go??? it was probably never real in the first place. Why does it go up when it goes up? Why does it go down when it goes down? When 'they' want the price down or up, xmr price is so manipulated it's ridiculous. Meh, Maybe. I'm sure there is some amount of manipulation. Maybe a lot. All manipulation from top to bottom I kinda doubt but also maybe. |
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 This is why americucks hate the fed. Should've bought cryptos instead of the college meme. USA is now world series of povos. College tends to be a good investment, because it is investing into yourself. Of course, if you can figure out better ways to invest in yourself, then that can work, too. Debt is never a good investment, unless you have a really solid plan for making money off the debt. How useful is multicultural basket weaving in the current economy? When you take out a loan to purchase capital you can incorporate that liability and asset and insulate your person from losses in excess of the value of the capital. When you take out a loan to "invest in yourself" you can not do this. It makes it one of the most dangerous ways to borrow and invest in expected increased future productivity. |
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... monero grows when he wants and falls down when he wants...
Oh, so it's a he now? Yeah, don't upset her. She has a temper, Monero does. Or gender dysphoria, apparently. I always wonder, is the implication of gender dysphoria that normal people have gender euphoria? Like I wake up and leap out of bed every morning ecstatic to be male? |
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Hard to make a dent in the principal when the Gap signs your paycheques, I guess.
Yea well you know they are all buying avacado toast and lattes. |
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