Fucking all Indian Scammers for start fake topics.
You have a whole host of accounts that seemingly only exist to promote you. Bombadil's entire post history is just "gigitrix is great, use gigitrix, look at how similar my grammar is to gigitrix's grammar" (scratch that last one  ) It doesn't matter if you complete the trades (I doubt you do anyway), you're still an extremely shady and irritating character. Next account you buy, put some effort in and make it look real. |
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On the record high of unconfirmed transactions, would a 2mb blocksize house all that?
Arguably yes, but the effects that increasing capacity promote are more complex. It's the psychology of supply and demand at work, in essence. The effects of more people using the network (as a result of 2MB or whatever blocksize increase) will, of course, increase the supply of the economic good known as the Bitcoin transaction. But there is a positive feedback loop produced by that change, the increase in supply increases use of the network commensurately, people will simply justify using Bitcoin in further ways than they did before; new users are attracted by the increased opportunity to observe Bitcoin being used, existing users send more transactions because it's cheap to send again, and spammers will spam more, for their spammy reasons. Metaphorically, it's similar to the problems of creating road infrastructure; when a new road is built, people just compare this nice new clean, empty looking road with the congested roads they already use, and some of those people come up with reasons to use the new road, and before you know it, the new road is just as traffic jammed as the old ones it souht to provide relief for. The real answer is not more roads, as it simply begets more people buying and using more cars. A different transport paradigm is the solution, something that inherently has more capacity than we could possible imagine ways to use, we're looking for the Bitcoin equivalent of air travel or spaceflight, really. Which is basically what the Lightning Network is. A new system which allows people to send transactions offchain which are still trustless but are fully scalable instead of just increasing the transaction capacity gradually at users' expense. The actual Bitcoin system was never practical for microtransactions and it never will be. Large transactions can still be onchain but the Lightning Network makes Bitcoin a system that people can actually use for everything. |
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Obviously no one can prove that the poll is legitimate and that there aren't fake/additional accounts being used. However, any claim that it's illegitimate would be unreasonable, just because the amount of malicious people and hardcore pumpers is going to be roughly equal on each side.
Just like the F2Pool poll showed before, public support is largely for SegWit. Miners will have to follow eventually or nothing will happen at all.
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I still want your email address for the lawsuit before you kill the screen name if that is the choice you make.
Suing theymos will actually not do much good because the court would most likely rule that theymos is protected by the safe harbor contained in section 230 of the Communications Decency act. The correct party to sue if someone has made a libieilous statement about you is the person who made said statement, who appears to be Lauda in your case. Just sounds like empty words to me though. You'd have to find Lauda's identity and sue her while barely having a case and only achieve a pretty small punishment anyway, if you're lucky. I highly doubt kiklo is willing to do anything except increase the size of his font. Maybe he's heading for " Cyber Death". |
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Not that they have secret deals with miners but rather they are the miners themselves, you seriously think someone involved in crypto with money at disposal sits around and does nothing? IMAO 80% of all the coins/ companies/ services/ exchanges/ farms are owned and operated by a few individual rich old timers.
I doubt that they're just the miners themselves, since the major pool owners largely have public owners who are separate to the exchanges as far as we know. They're owned by rich old timers, but if many of these exchanges had the rich old timers, the network would be more decentralised than it even is now. |
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You may have noticed increasing coverage of Initial Coin Offerings (ICO ) in the press recently. You may not, however, be totally clear what an ICO is. The easiest way to explain it is that it’s a type of crowdfunding that has grown out of the current growth in popularity of Bitcoin and other cryptocurrencies. https://www.selachii.co.uk/Blog/What-is-an-ico-and-should-i-get-involved.htmlNot sure about this. Satoshi only intended for people to mine Bitcoins, not sure what these other cryptos are thinking and why they are doing ICO's. Not cool! Well it's pretty obvious really. People have an idea for a new coin and they want others to participate. It also contributes to decentralisation of the new coin from the crowd funding and it's always useful to have a high supply of the coin at the start to prevent high inflation. Plus there are the ICOs that are just for people to buy into the coins cheap and dump them as soon as they get on an exchange, which is plenty of them to be honest. |
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What's with people misusing the word scam all the time?!
If it's a scam, it's designed to steal people's money. Litecoin is blatantly not and they haven't scammed anyone so they're not a scamcoin. You could argue that they're a shitcoin if you had some reasoning to back it up (although I would disagree) but these words have definitions. Using it like this just removes all meaning.
I would like to know too how Luke JR expects segwit to activate when obviously all indicators point to it never activating. And I would like to know why he calls LTC a scam. I guess it's because it's a clone of bitcoin and that's about it, but how is it a scam? LTC doesn't advertise itself as anything else. And now that BTC can't get segwit and LTC can, LTC has extra value and has actually technically surpassed BTC. It's not really a clone, just minor adaptions like the Scrypt mining algorithm and 2.5 minute time between blocks. At the time when it was created, there weren't hundreds of coins doing the same thing yet and Litecoin being one of the first to make proper adaptions is what gives it real credibility today. It's no shitcoin and it is relevant to whether people think SegWit is practical. |
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What's with people misusing the word scam all the time?!
If it's a scam, it's designed to steal people's money. Litecoin is blatantly not and they haven't scammed anyone so they're not a scamcoin. You could argue that they're a shitcoin if you had some reasoning to back it up (although I would disagree) but these words have definitions. Using it like this just removes all meaning.
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thanks!
And is there some kind of schedule we are following? Or could it easily take a year until the decision is taken?
It has taken an extremely long time already. The problem is that Bitcoin is quite hard to change as no one is willing to compromise or agree on a solution. There's also a solution called the Lightning Network, which would use a partially offchain system to try and increase the capacity. They believe that it would be best with SegWit, but in theory it's also possible without either consensus being reached. |
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I am interested to mine And i understand that there is special machines for this but as I understand that every machine normally can produce 1 spesific coin
The special machines can mine one mining algorithm not just one coin, and several coins use the same one as Bitcoin (SHA-256). However, there are also more modern mining algorithms including Scrypt which is somewhat harder to be mined with ASICs. Fewer new coins use SHA-256 now than before. 1.Does all coin mined through GPU? ( I know bitcoin is not )
No. A large majority can though. 2.Where I can find which coin how does He mined?
Not sure what you mean by this. Can you clarify? 3.And is there an special company that cam produces special chip ( As ASIC for bitcoin? )
BITMAIN are the biggest ASIC manufacturers. Avalon is another one. A very popular miner right now is the Antminer S9 by BITMAIN. |
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- stay away from ICO, in 99% of the times they are going to either scam you or their price will drop hard as soon as it hits the market.
No, they just have to research the ICO before taking part in it. People who bought Ether during the presale and held it until now will be pretty wealthy by this point. It's about doing due diligence on the people behind the coin. ICOs can be great, you just have to distinguish between the endless shitcoins and those with a real purpose by reading and understanding their whitepapers. |
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If you don't mind giving ID (I assume you don't since you're talking about Coinbase) then Bitstamp could be good for you.
Kraken also looks fairly stable right now.
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a few people put leaflets about "what is bitcoin" with a funded privkey added and put into them geocache boxes(physical locations).
but online geotagging. well i can see faucet raiders abusing that straight away
Yep. One of the prominent geocaches was here, although that guy seems to have decided that a restricted Internet will kill Bitcoin now, strangely enough. Online geotagging seems like a pretty unnecessary idea for Bitcoin though. Let's keep it to GeoCoin, since everything has its own coin apparently. |
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Everyone on a forum is going to be hyperbolic. It's just random people chatting about something that they're passionate about, along with people that are butthurt they sold all their coins ages ago and just want everyone else to hurt (Kwuckduck).
There are also people who say the price is going to go to a million dollars and we'll all be rich, which is equally hyperbolic and unlikely.
All you have to do is look at charts and use your brain (although I don't think I would have handled HODLing when it went as low as $200).
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The mempool size is regulated by how many transactions are sent - if demand for transactions exceeds the number that can be processed by the network, the demand will naturally decrease again as it becomes too difficult for people to use their transactions.
If a mempool as ridiculously large as it is now is only 182MB, it's negligible for the overall running of nodes.
Even at the current blocksize it would take less than two days for the blockchain to grow that much and the mempool can't naturally grow more than a few times larger than it is now.
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Non-renewable energy will used for as long as it's the cheapest energy source to use. That's not Bitcoin's fault, it's governments' fault for avoiding subsidies on renewable energy sources and encouraging investment into the sector.
Bitcoin isn't 100% non-renewable anyway. Look at NastyMining for example.
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The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.
True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.
I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.
Look for a correction down to 1400ish
I am thinking the same thing. Bitfinex price had to rise and everyone followed. With Bitcoin finding the price point is difficult. Nobody knows what it is worth so you just go with the flow. The main thing to keep it from jumping to 1 million is that there are 12.5 BTC created every 10 minutes. There is at least some price limiter from miners. I believe that most miners are smart enough to hold off on selling during a rally. Though they have bills at the end of the month that they can only hold back on so long. With a block every ten minutes, there would be around 650,000 Bitcoin created per year at the current 12.5 Bitcoin block reward, meaning that the inflation rate is 4% at most. Even though it would take much less Bitcoin than that to destroy the exchange rate, it's not going to be a significant limiter on the price when investors are actually getting involved. |
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No evidence of spam this time. Blocks are full. Time for bigger blocks miners!
Both sides are offering a scaling solution. Using a congested network to promote BU is meaningless - the network has been congested for a long time, with spam or without it, but SegWit would scale the network to the capacity needed right now as well. |
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Hello.
A friend of mine send me some bitcoins before 3 days.
They are not deposit since yet.
In his wallet they are gone.
Anyone can help?
Status: im Speicherpool/unbestätigt
Datum: 02.05.2017 19:25
An: 16GU4knLcdyATddq1ZJduhFYjbw3ntyCMJ
Belastung: -0.01829864 BTC
Transaktionsgebühr: -0.00051881 BTC
Nettobetrag: -0.01881745 BTC
Transaktionskennung: a03d018f63a98aab2c603426230da455058304da304681f0ee6903d4c6af097c
Gesamte Transaktionsgröße: 2553 bytes
Ausgabeindex: 0
best regards
What wallet did he use to make the transaction? I would usually suggest the fee was not the recommended one but " Transaktionsgebühr: -0.00051881 BTC" this fee seems enough for it to not get stuck for 3 days.... strange. Oh dear. It's not about what fee he sent, it's about what fee per byte he sent. The current recommended fee is 240 satoshi/byte and for the median transaction size of 226 bytes this results in a fee of 54,240 satoshi. Sure, that makes 0.00051881 (51,880 satoshi) sound okay at first, but this is an exceptionally large transaction. It's extremely unusual for a transaction to be that large, and that makes the fee per byte so low that it won't go through for a very long time if at all. There could be any number of reasons for that, like the OP accepting huge amounts of dust inputs for that payment. |
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What a shit show. We are crashing a hundred bucks a minute, all the way down to 1500!!! PANIC! EVERYONE RUN AROUND!
It's alright, looks like the dump has stopped. Possibly just a bear trap or a whale unloading some coins. We're back up to $1514 (Coindesk BPI) from $1486. |
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