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2621  Bitcoin / Bitcoin Discussion / Re: Facts about the next bitcoin halving (cool infographic) on: February 15, 2019, 09:48:41 PM
Quote
85% of all the bitcoins will have already been mined at the time of the halving

The actual number is 87.5%
2622  Economy / Economics / Re: Study says 79% of cryptocurrency event attendees are men on: February 15, 2019, 06:13:45 AM
Quote
Bizzabo said that the study shows that cryptocurrency events “have a long road ahead toward gender inclusion.”
Nobody is excluding women. The implication is that men are to blame, but there is no justification for that belief.

More women should get involved. They are really missing out.
2623  Other / Beginners & Help / Re: [FOR MERIT] when was the word "halvening" created. on: February 13, 2019, 11:50:00 PM
As to the first uses of halving, my investigation brought me back to bitcointalk threads but from outside site, i.e. altcoin wikia http://altcoin.wikia.com/wiki/Coiledcoin that referred to our bitcointalk member thread https://bitcointalk.org/index.php?topic=56675.0
and it dates back to January 05, 2012  Cool

I searched both of those and found no use of the word "halvening". Are your links correct?
2624  Bitcoin / Development & Technical Discussion / Re: Luke Jr's 300kb blocks on: February 13, 2019, 12:38:19 AM
Articles about Twitter threads are stupid.
2625  Bitcoin / Bitcoin Discussion / Re: Mt. Gox Trustee May Have Crashed Bitcoin in 2018 on: February 13, 2019, 12:25:21 AM
Doubtful. Cointelegraph and anyone that writes for them and anything that they publish are crap.

It's a nice fantasy. People like to believe that their misfortunes were due to somebody else's bad behavior rather than their own ignorance or stupidity.

There was a bubble in 2018 and it popped. It doesn't get any simpler than that.
2626  Economy / Economics / Re: The Power of Crypto Compounding with Proof-of-Stake on: February 09, 2019, 05:30:30 PM
PosBakerz smells like a scam.
2627  Economy / Trading Discussion / Re: Exchange trading Question. Anyone? on: February 09, 2019, 05:24:02 PM
Seems when BTC goes up in value Doge drops....What am i missing?? Seems it would be plain as day but i'm not a pro in trading obviously.

Perhaps a reason DOGE is going down when BTC is going up is that people are selling their DOGE to buy BTC.
2628  Other / Off-topic / Re: Flat Earth on: February 09, 2019, 08:00:13 AM
I cannot comprehend how a flat-earther can believe that there is some kind of conspiracy hiding the truth. There are literally millions of people that directly depend on a spherical earth in so many different ways. I can't fathom how so many people could keep such a secret for thousands of years.


I also find it hilarious that flat-earthers believe that Ptolemy got it wrong -- not because he believed that the Sun and planets revolve around the earth, but because even he knew that the earth is a sphere.
2629  Alternate cryptocurrencies / Altcoin Discussion / Re: Protect your node and wallet with fail2ban on: February 09, 2019, 02:16:39 AM
Never run downloaded software from anonymous sources without inspecting the source code first.
2630  Other / Off-topic / Re: Flat Earth on: February 09, 2019, 02:03:10 AM

You assume that a "breeze" is moving the flag, but you don't have any evidence. You could just as easily claim that ghosts or angels (or demons) are moving it.
2631  Bitcoin / Bitcoin Discussion / Re: Is it a nice idea moving to Exodus from Blockchain? (wallets) on: February 08, 2019, 08:49:31 PM
Most of my crypto I store at cold storage, but I also have some coins to use in everyday life, which are on Blockchain.info wallet. Though, I recently started looking towards Exodus as I saw some youtuber uses it and I really liked the interface and features. I mostly have bitcoins, but that circular portfolio indicator in Exodus looks too enticing, so may be it will encourage me to get some altcoins as well. Smiley
What you guys thinking about Exodus? Is it better than Blockchain.info? Worth moving?

The advantage of Blockchain.info is that it is accessible from any device anywhere. The disadvantage is that a web-interface has a higher security risk compared to software installed on a device.
2632  Bitcoin / Bitcoin Discussion / Re: hesitant about investing in Bitcoin. on: February 08, 2019, 08:42:44 PM
I think it is great that you are hesitant. It shows that you try to invest carefully and thoughtfully.

Keep reading, but remain skeptical about everything you see. There is plenty of information here, though most of it is low-quality and noise.

Many posters here treat Bitcoin as a religion and dismiss or reject anything that doesn't support their beliefs.
Many posters here invest based on speculative fantasy and wishful thinking rather than cold hard numbers and careful analysis.
2633  Bitcoin / Development & Technical Discussion / Re: Secure architecture for using bitcoin core on: February 08, 2019, 02:15:17 AM
I'm trying to build a good security for my online bitcoin based application. Is something like this possible?

Quote
send_bitcoin(address)
create_address()
sweep_balances()
       +
       |
       |
       v                New transactions
+-------------+   <-----------------    +--------------+
|                   |                               |                    |
| Wallet keys +--------------------->+ Bitcoin core  |
|                   |                               |                    |
+-------------+   Submit signed tx    +--------------+


The "Wallet keys" will be my hot wallet. There will be another wallet store which would be used for cold storage. The "bitcoin core" will be some trusted public node that I don't control.

Does using this architecture have any disadvantages over running a full bitcoin core to keep addresses?

I need to get callbacks for new transactions on the list of addresses in my store, that is not managed by bitcoin core. Is it possible using this method?

My reason is that running a full "bitcoin core" takes up too much computing resources & disk which is expensive on cloud and by doing this I can avoid having to run and maintain a bitcoin node. I can submit a signed transaction to any trusted node.

Reposted from here: https://bitcoin.stackexchange.com/questions/84278/keeping-wallet-addresses-outside-bitcoin-core/84280#84280
Thanks.

You are basically describing an SPV wallet.
2634  Bitcoin / Bitcoin Discussion / Re: Why any transaction dont include the final balance of each address? on: February 07, 2019, 03:20:08 AM
Why any transaction dont include the final balance of each address?

That would be much better to get the balance of any address, just need to find last move in blockchain and dont need to recalculate entire blockchain.
...

The reason is that you cannot verify that the balance is correct without looking at the transactions associated with it.
2635  Other / Off-topic / Re: Create calculator for honorary salary on: February 05, 2019, 12:08:26 AM
Javascript because it can run on a website that can be accessed by any phone.
2636  Bitcoin / Bitcoin Discussion / Re: How many dollars of BTC purchases would it take to go to $10,000? on: February 04, 2019, 11:35:21 PM
Add up the values of all of the ask orders on all the exchanges with a price below $10,000. That's the minimum amount.
2637  Economy / Economics / Re: Bitcoin Is Now Officially In Its Longest Bear Market Ever on: February 02, 2019, 11:12:51 PM
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.
2638  Bitcoin / Press / Re: [2019-2-1]Wikipedia Accepts Bitcoin Core & Bitcoin Cash Donations to Promote Kno on: February 02, 2019, 11:03:04 PM
Many people from all corners of the globe can now support Wikipedia - the well-known free encyclopedia, with Bitcoin Core (BTC) and Bitcoin Cash (BCH) donations through BitPay. The news was first declared by BitPay via Twitter and their other verified website.

Why are you using those weasel words in your headline? No one other than Bcash whack jobs call Bitcoin Bitcoin Core.

Likewise, no one other than Bitcoin Core whack jobs call Bitcoin Cash Bcash.

If you want to destroy cred your phraseology counts.
2639  Economy / Economics / Re: Why is Inflation a Bad Thing? on: February 02, 2019, 09:07:49 AM
Inflation is always good, because it create more money supply into the market, ...

I disagree with that, but regardless ...

... but the problem is all the money created during the inflation didn't get distributed equally, or not at all distributed, all the money goes to the pocket to the already wealthy, and you and me only received less than 1% of the money created, 99% vs 1%, is it not bad enough when inflation was abused into benefiting the few of the elite who control everything?

If money were inflated equally, then it would have no real effect. Imagine that one day the U.S. government declares that 1 dollar is now 2 dollars everywhere. What would change? Nothing, just the numbers. With the current system, banks create the new money and give it to the elite, while the money held by everyone else is devalued.
2640  Other / Off-topic / Re: Why are people so stupid? on: February 01, 2019, 08:57:06 PM
Perhaps they have the same opinion about you. What can you learn from that?
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