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2661  Bitcoin / Development & Technical Discussion / Re: New achivement. The biggest tx on: July 08, 2015, 06:53:25 PM
Not getting what's up with these 1mb transactions mined by F2Pool... At least they are achievements and someone failing in trolling Cheesy
2662  Bitcoin / Press / Re: [2015-07-06] The Next Uber To Decentralize Parking, is it legal? ∙ IHB News™ on: July 08, 2015, 06:30:34 PM
I think this is just genius, but... if I auction a parking spot, how do I know nobody will take it between the time I leave and the winning bidder arrives? It would also create a huge bid war... I could easily see parking spots reaching 2 or 3 Bitcoins at current BTC/USD rates! If we can solve the 1st problem, the system is totally usable, at least during the day.


A further interesting article about the topic on insidebitcoins.com
http://insidebitcoins.com/news/uber-confirms-that-they-are-working-on-bitcoin-integration/33567

I think they confirmed they're not working on it. At least I saw contradictory info around...

Edited for sources: http://www.coindesk.com/uber-denies-plans-to-accept-bitcoin-payments/?utm_content=buffer0ab6e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
2663  Bitcoin / Bitcoin Discussion / Re: How is Mark Karpells doing these days? on: July 08, 2015, 06:23:11 PM
Who cares? As long as he gives back those Bitcoins he "lost"... Roll Eyes
2664  Bitcoin / Bitcoin Discussion / Re: Bitcoin is even beneficial to people not using it. ;-> on: July 08, 2015, 06:07:38 PM
Although Bitcoin might have influenced all these new payment methods (such as Google Wallet and Apple Pay), I think there was something that gave a bigger impulse to these technologies: the NFC chip.

Most of these new payment systems have contactless payment methods (Bitcoin can have it too), but none of them are based on a digital currency with a distributed, consensus based network. Therefore I think NFC plays a bigger role. But definitely Bitcoin pays a nice role too Smiley
2665  Bitcoin / Bitcoin Discussion / Re: Definition of Bitcoin ? on: July 08, 2015, 06:04:21 PM
I think the start of this video has a pretty good definition Smiley
2666  Bitcoin / Bitcoin Discussion / Re: 3 Reasons to Get Your Girlfriend to Buy Her First Bitcoin Today on: July 08, 2015, 06:01:22 PM
My girlfriend is actually interested in Bitcoin, although she doesn't believe it will always be decentralized, neither does she think that things are decentralized as of now. She says that the core devs should always be in charge and if needed apply changes even without consensus. Obviously I do not agree Cheesy Anyways, she knows a bit about Bitcoin, and I even offered her a physical vanity wallet carved in wood, which she loves. She doesn't use Bitcoin regualrly because she says she simply cannot buy goods or go shopping with Bitcoin... Not many retailers and websites take it, obviously.

Even if your partner doesn't accept Bitcoin, or doesn't care about it, it's easy: you just buy Bitcoins for yourself, put it in a multisig address, give your girlfriend one of the keys and leave the coins there. One day she might be interested or might need the coins... (And then you'll only let her redeem them if she learns how to spend from a multisig address Grin)
2667  Bitcoin / Bitcoin Discussion / Re: F2pool and 1mb spam block on: July 07, 2015, 07:44:04 PM
Troll much? Cheesy

Pretty weird transaction, maybe someone has a theory...
2668  Bitcoin / Electrum / Re: Fundraising: Dedicated servers for Electrum servers (block size issue) on: July 06, 2015, 06:48:37 PM
I appreciate your opinion, don't worry Wink and my hope is still that they rewrite the code to become quicker. If that happens i can divide the server into more electrum nodes.

And i'm not after the BTC's. But i don't like the fact that it is premature to trust Electrum node owners. We are doing this for you all and as long it isn't cost you anything, you trust us. But when we ask for a donation we are all of a sudden not trustable anymore. I find that strange, but hey, that's my opinion Wink

FTR, i am the node supplier for SuperNET, NXT and BTCD devs. They are all extremely happy with my service. My BadAss escrow service has never let anyone down or ripped any penny. Latest escrow i had was in my possession for almost a year. Like i said, i am not after peoples money. I just want to offer good services.

Optimizations are always welcome. Let's hope they come, one day.

Electrum nodes are not trustable. When one connects to a server, you don't know who is on the other side. Although as far as I know, exploits can't simply be transmitted on an Electrum connection, the person in charge of the server can spy on data sent and received and be aware of the addresses an IP uses. If one uses Electrum, those risks should be accepted.

I know you guys do this for free, from your own good will, and that you are worried of not being able to keep up with user's demands in a way that doesn't put your finances on the red, and that people will realise we need to have better Electrum servers when it's already too late. But I'd still postpone this issue at least until the moment when block size issues are solved.

That being said, thank you for being concerned about the Electrum server community. I hope when the time is right, all server operators have the same consideration you do for his users.
2669  Economy / Collectibles / Re: [DENARIUM] Physical Bitcoins on: July 06, 2015, 06:33:04 PM
ACTIVATION. This will confuse some people and let me explain a little bit.

Each order will include an activation code. This is IMPORTANT. Activation is necessary to load bitcoins into the coin. For E-series the activation is not necessary although recommended, it's simply a registration of a received order in that case.

Activation requires not only the code in the paper slip, it will also require a code from an email we haven't sent yet. The activation system is unfinished and will finish within 1 week. So this information will be sent later and then it is possible to load the L series coins.

We decided to do it this way in order to not delay shipping further and the activation system is close to finished already.

Good luck with the activation system Smiley


Nice big update, thank you!

Any estimates on shipping to Europe? 4-5 days? Smiley
2670  Bitcoin / Bitcoin Discussion / Re: Leaving eurozone - Greece & Bitcoin on: July 06, 2015, 06:30:46 PM
There are millions more in Portugal, Spain, Italy and elsewhere who also have to be looking at this and thinking "Geez, I can't afford to wait until the banks close on me. I've got to make sure I have an exit strategy NOW!" Bitcoin and the alts will be fighting with gold/silver for their funds.

Another key issue... I know people from all these countries, and they are worried about going the same way as Greece or worse, but they aren't really doing much to search for an exit way. Unfortunately I think most Europe will only search for Bitcoin when they hit the dead end!
2671  Bitcoin / Electrum / Re: Fundraising: Dedicated servers for Electrum servers (block size issue) on: July 06, 2015, 06:23:33 PM
Please understand that it eats resources....and with 8MB blocks with 56tx/s it is going to eat a lot of resources then it does now with 7tx/s. 56tx/s is only an 8MB block while the proposal is to upgrade the blocks every year (!). When Electrum server does not get its resources it needs to proces the blocks it will start lagging and lagging....a simple VPS like we have them running on now will not keep up.

Read this http://www.reddit.com/r/Electrum/comments/38qi2m/20_mb_blocks_the_end_of_electrum/

I am aware of the current block size discussions and I know perfectly well the kinds of resources a full node/supernode/Electrum node consumes.

To start off, the block size change hasn't been made yet, and even if the client accepting bigger blocks is released right now it will require full consensus of the network, and even then the change might not be immediate, as you may know.

When the change does materialize blocks will not be immediately full (not all blocks have 1mb in size as of now), but they will gradually increase their size with the rising adoption of Bitcoin (we sure do hope the adoption rates increase in the next few years!)

Meanwhile, while these changes occur, storage, RAM and bandwidth get cheaper; this results in cheaper and better VPS services.

Yes, running a node is hard. Yes, running a node is costly. Yes, running a node will probably be more costly if Bitcoin really picks up. Yes, requesting a compensation to use high performance nodes might be required (although I still think running a node of whatever kind should mainly be a community service based on the blockchain and the currency's value). But it's very premature to request funds that will be used in an uncertain future. It may take a few months for block to fill up... or it can take 10 years. the problem exists, but it's still premature to talk about raising the bar way higher.

Sorry for the lengthy post, but this is my opinion. I hope I made my point clear Smiley It's premature to trust Electrum node owners with funds for upgrades.

EDIT:: as an alternative, you can try and get a deal with an escrow for storing the donation coins for an uncertain amount of time. There may be escrow services willing to help on something like that.
2672  Bitcoin / Armory / Re: Offline wallet and sweeping on: July 06, 2015, 06:12:19 PM
I'm not quite sure I understood. You wanted to buy Bitcoins from a BTM straight into an Armory address of yours? Why didn't you just print a QR from an address from your Armory seed?

Anyways, you now just have to sweep that from the paper wallet into an Armory address. Just use a mobile wallet and send the Bitcoins to an address of yours. Or import the private key on a Bitcoin client and send it to an Armory address. Or if you want to be really secure set up an offline computer with a live cd, import the private key, make a transaction to one of your Armory addresses and then broadcast it online.
2673  Bitcoin / Electrum / Re: Fundraising: Dedicated servers for Electrum servers (block size issue) on: July 06, 2015, 05:59:26 PM
Many Electrum servers have been run throughout the years with little to no donations. Some are repurposed full nodes... Others make them on purpose to serve Electrum clients.

I understand the need for 99% uptime and high performance Electrum servers to exist. I don't think most of the ones that are already serving the network will cease to exist out of the blue, and the block size might increase, but that doesn't mean the blockchain will have full 8mb blocks constantly. Why are you requesting funds to deploy something that won't be needed in the near future and that has no prediction on when will it be needed?

Let block size increase and let them start being bigger and bigger... And then we'll all talk Smiley
2674  Bitcoin / Bitcoin Discussion / Re: Leaving eurozone - Greece & Bitcoin on: July 06, 2015, 03:54:54 PM
no more Varoufakis  Cry

I think he didn't do wrong in leaving. Nobody liked him in the Eurogroup, Tsipras handles negotiations pretty well (some greeks say that he should be prime minister and replace Varoufakis at the same time) and Varoufakis would probably make too many demands, prolonging the negotiations way further and making things worse for Greece.

The political games on this greece crysis are just crazy, then we have to see and wait what comes of Greece leaving the Eurozone, it looks like the pipeline has a lot of benefits for greece https://www.youtube.com/watch?v=gGq8C3SEay8

Yes, quite a lot of b€n€fits as you can see Smiley
2675  Bitcoin / Bitcoin Discussion / Re: Leaving eurozone - Greece & Bitcoin on: July 06, 2015, 03:14:32 PM
If Greece leave the eurozone a lot of their people will be hurting, most likely to come a huge political change and it would be interesting to see if Russia is going to help out Greece if it does leave the Eurozone.

if they leave, Russia will most definitely come to them. Either Russia or China Wink

Why Russia or China?

Greece was under Turkish rule for 400 years*, They can exit Euro and adopt Turkish Lira Smiley

Turkish rule: https://en.wikipedia.org/wiki/History_of_Greece#Ottoman_rule_.2815th_century_.E2.80.93_1821.29

Greece is a strategic country in what concerns military purposes. It's also home to a government who said "we don't pay" and who is questioning the authority of the EU leaders and isn't accepting their terms as is. This is pleasant to those countries.

Now I question you, why Turkey? Grin I haven't been seeing reports or rumors of such collaboration in the news, and historical reasons aren't enough, I think Smiley

Russia has signed a deal with Greece to build a gas pipeline through it to supply Europe. That's going to be very lucrative to Russia and is a good reason for it to help Greece financially. Russia already said it would consider helping financially if Greece is in dire need.

Yes, I forgot to mention that. The has pipe is big news. They are surely becoming friends and Moscow is going to be really close to Athens if Greece leaves the eurozone.

...

unamis76

Re the idea of a 30% haircut ("bail-in") in Greece, here is a link (July 3):

http://www.zerohedge.com/news/2015-07-03/greek-banks-considering-30-haircut-deposits-over-%E2%82%AC8000-ft-reports

Do check out the cartoon ("Bankruptcy Cypriot Style").

If ANY kind of bail-in happens, this would be the second time in Europe.  IMO it would rive the demand for BTC up a lot once people start thinking...

Truly devastating if this happens. let's see if it isn't more than a "malicious rumor". Greeks will have to start thinking seriously if this happens (thinking in BTC, of course Wink)
2676  Bitcoin / Bitcoin Discussion / Re: UKDCA website is now live on: July 06, 2015, 03:11:03 PM
Another "Bitcoin Foundation"? Roll Eyes
2677  Alternate cryptocurrencies / Altcoin Discussion / Re: Appeal to early adopters! Be responsible! on: July 06, 2015, 02:51:06 PM
No whale is going to "responsibly" move the markets. They're into it 100% for profit, most don't even care what the currency is, they just move the price, pick up the profit and sell it for fiat.

Unfortunately, we're at their mercy Smiley Such is crypto.
2678  Bitcoin / Bitcoin Discussion / Re: 15kDcr9wDhZmvPufKP7vYyELSoLg4bKbAR <- Has paid well over 250BTC in fees?! on: July 06, 2015, 02:47:37 PM
Someone very rich and generous or someone very rich and not really knowledgeable of the Bitcoin client Smiley
2679  Economy / Collectibles / Re: [PRE-ORDER] Denarium Physical Bitcoin on: July 06, 2015, 12:57:54 PM
I just got an e-mail that my order was shipped. I hope it was worth the wait.

Came here to post this too, got my shipping email 30 minutes ago. I hope they're worth it too Cheesy I'll report back when they arrive!
2680  Bitcoin / Bitcoin Discussion / Re: Leaving eurozone - Greece & Bitcoin on: July 05, 2015, 11:11:32 PM
If Greece leave the eurozone a lot of their people will be hurting, most likely to come a huge political change and it would be interesting to see if Russia is going to help out Greece if it does leave the Eurozone.

if they leave, Russia will most definitely come to them. Either Russia or China Wink

Why Russia or China?

Greece was under Turkish rule for 400 years*, They can exit Euro and adopt Turkish Lira Smiley

Turkish rule: https://en.wikipedia.org/wiki/History_of_Greece#Ottoman_rule_.2815th_century_.E2.80.93_1821.29

Greece is a strategic country in what concerns military purposes. It's also home to a government who said "we don't pay" and who is questioning the authority of the EU leaders and isn't accepting their terms as is. This is pleasant to those countries.

Now I question you, why Turkey? Grin I haven't been seeing reports or rumors of such collaboration in the news, and historical reasons aren't enough, I think Smiley
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