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I bet he won't take it.. Some sportsbetting place should put odds on it..
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Also, YOU GUYS are the ones who came in and suddenly decided that Bitcoin should only be a settlement layer, and not the peer2peer cash electronic payments system that it was designed to be by Satoshi.
If you want to deviate from Satoshi's original vision with this nonsense, then Core should go and create their own altcoin instead of attempting a hostile takeover, enforcing an artificial blocksize limit and then FORCING people onto THEIR off-chain solutions. This is ethically and morally wrong, and so is their campaign of censorship they have engaged in to justify this.
THIS!! To me it's plain to see that Satoshi had dreams of liberty rather than profits, evident by him not dumping his coins.. It seems all most people really care about is profits.. |
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Anyhow, seems like you want to get in the weeds, again for no real purpose except trying to prescribe what bitcoin ought to be rather than figure out how to use bitcoin for what it is.
That's right, except I am perfectly capable of using it for what it is, I just want it to be a world killer rather than just some obscure thing.. I want Bitcoin to make governments think twice before they oppress their people, not just remain irreverent in the grand scheme.. The price of Bitcoin is just a side effect, I don't much care about profits, I want a tool of liberty for the people in the world that need it.. |
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What kind of transaction are you trying to accomplish that is not reasonable? Are others trying to accomplish those kinds of unreasonable transactions, too? They can use some other means, or is bitcoin the only thing that will work for them? Why does bitcoin need to serve that purpose at this time?
How about small signature campaign payments? Are they spam? What about all the gamblers betting small amounts? Are they spam? What about RAREPEPE? If you don't know, the amazing new counterparty implementation trading rare/scarce assets on the bitcoin blockchain? Is that spam? Cost for it has gotten outrageous and damn near stopped it dead.. You are pretty much saying that small people should not be using Bitcoin and use some altcoin instead? |
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TUXexchange, being legally incorporated in Canada, and dealing with no fiat, does not require any sort of ID verification and imposes absolutely no limits 100% legally due to not being any sort of "money" transmitter..
Use a VPS or TOR, whatever you want, doesn't mater, no ID-No limits, 100% legal and legit 1st world cryptocurrency exchange with non-anon owners legally accountability under Canadian law..
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Can you even understand your own fallacies in your points? you assume everyone wants to use BTC, and they do not. You also assume that BTC will not be able to adapt if more people want to use it, which BTC growth seems to be ongoing, no? and there continues to be adaptations, no? lots of upwards price pressures, too, no?
The last I checked fees and transaction times continue to be very reasonable in BTClandia, and security for BTC is quite great.
Also, bitcoin offers one of the greatest things ever (and no other crypto or non crypto offers what BTC offers), that is decentralized secure immutable transaction and storage of value.
You got anything else offering what bitcoin offers? Hello? Name one, any? Go ahead with some actual substance, besides whining about various pie in the sky "what could be" bullshit. I am waiting. go ahead. What offers what bitcoin offers? Bitcoin is not broken, as you and some of the other nutter shills seem to want to argue.
Obviously more people want to use BTC than it can handle, see the mempool backlog.. BTC is able to adopt to handle more transactions but you don't want it to.. BTC growth has now stopped in its tracks becauase it is at its limit of capability.. Fees and transation times being "reasonable" is in the eye of the beholder.. If you are sending 5,000 BTC I'm sure you don't mind paying a $5 fee.. their are hundreds of other cryptos that offer the same thing BTC does in different variations, BTC just has the network effect security, which it is just about to lose.. How many BTC clones are their? Bunch.. You are losing your precious upward price pressure too.. |
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BS, if everyone wanted to use BTC they simply could not because bitcoin is incapable of processing all of their transactions no matter what they pay in fees..
2mb blocks right now would buy time until better solutions become available, wither that be LN or something yet unheard of.. Right now it's stagnant and people that want to use bitcoin cannot because it just will not process that many transactions..
Sure they can wait forever for confirms while the line cutters jump infront of them, but that is not the way BTC was intended to be..
Every transaction does not need to be censorship-proof as long as the option exists. Expecting to include "everyone's" transaction in a decentralized ledger where full nodes have to keep a history of every transaction since the genesis block is simply ridiculous. It would destroy the very properties that gives Bitcoin it's value. You are pretty much saying the concept of Bitcoin is ridiculous.. Including "everyone's" transaction in a decentralized ledger where full nodes have to keep a history of every transaction since the genesis block is the very properties that give Bitcoin it's value. Read the whitepaper.. People want to use Bitcoin because it is censorship-proof, wether they NEED that is a different story.. What % of transactions currently being processed in Bitcoin Absolutely Need to be censorship-proof? I bet less than 0.1% of them, they just use it because they want to, not because they have to.. Right now, people want to use Bitcoin and they cannot in a reasonable way.. For years and years we have been wanting greater adoption, working for greater adoption, spreading the word and understanding in search of greater adoption.. Now we have greater adoption and now, "oops, we didn't want greater adoption afterall, gotcha suckers.." |
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Higher fees do not let bitcoin process more transactions, they just let greedy people cut in line ahead of everyone else..
You are just buying a ticket closer to the front of the line at the expense of everyone else..
You literally have it completely backwards. People who pay higher fees are actually adding more to the security of the network in exchange for receiving faster service. The greedy ones are those who rely on the block subsidies to take care of everything for them. Getting what you pay for... apparently a foreign concept to some. So paying higher fees make bitcoin process more transactions per block? Explain that.. You can't, because it is false.. Yeah, you get to cut in line if you pay more, that is being greedy with blockspace and time.. Paying higher fees do not make the network more secure over a small amount to mitigate spam attacks.. The way you are putting it even spam attacks make bitcoin more secure if they pay enough for them.. |
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Segwit First!
^screw seqwit+ screw btu ... lets just increase to 2mb and get on up to $2000 ladies?  Are you retarded? What is the justification to move up to 2mb? If there is no justification, besides merely "sounding like a good idea", then there should be no need to presume that 2mb actually resolves anything - besides caving into some whiners and maybe even bringing some disadvantages. Anyhow, we should not be advocating to do things just because it "sounds nice" How about, so the amount of people that want to use Bitcoin can actually use bitcoin.. That sounds like a very good reason.. Because right now, they can't.. How about another made up argument coming from nonsense. Anyone can get into bitcoin, and there are various options for them. Some locations have more options than others, but these various infrastructure matters are evolving. Moving to a 2mb block limit size is not going to resolve various onboarding and/or use considerations in the short term. There is a lot that could be built to help in terms of onboarding and improving transaction options, including the adoption of segwit in a plan forward would help in these kinds of onboarding and use developments. BS, if everyone wanted to use BTC they simply could not because bitcoin is incapable of processing all of their transactions no matter what they pay in fees.. 2mb blocks right now would buy time until better solutions become available, wither that be LN or something yet unheard of.. Right now it's stagnant and people that want to use bitcoin cannot because it just will not process that many transactions.. Sure they can wait forever for confirms while the line cutters jump infront of them, but that is not the way BTC was intended to be.. |
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Segwit First!
^screw seqwit+ screw btu ... lets just increase to 2mb and get on up to $2000 ladies? Are you retarded? What is the justification to move up to 2mb? If there is no justification, besides merely "sounding like a good idea", then there should be no need to presume that 2mb actually resolves anything - besides caving into some whiners and maybe even bringing some disadvantages. Anyhow, we should not be advocating to do things just because it "sounds nice" How about, so the amount of people that want to use Bitcoin can actually use bitcoin.. That sounds like a very good reason.. Because right now, they can't.. Median confirmation time (with fee) is in the 10 to 20 minutes range. The fee is 1-2 dollars. The rest of the transactions that you see are spam (-ish. )It's just that you can't buy coffee with it, but then, why should you if the underlying technology (the computers on which bitcoin runs) does not currently allow you to? Faith and patience my friend. It is predicted that by 2020 or so, SSD disks will have approached the cost of HDDs. I suppose that would be a good time to increase the block size. Higher fees do not let bitcoin process more transactions, they just let greedy people cut in line ahead of everyone else.. You are just buying a ticket closer to the front of the line at the expense of everyone else.. |
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Segwit First!
^screw seqwit+ screw btu ... lets just increase to 2mb and get on up to $2000 ladies? Are you retarded? What is the justification to move up to 2mb? If there is no justification, besides merely "sounding like a good idea", then there should be no need to presume that 2mb actually resolves anything - besides caving into some whiners and maybe even bringing some disadvantages. Anyhow, we should not be advocating to do things just because it "sounds nice" How about, so the amount of people that want to use Bitcoin can actually use bitcoin.. That sounds like a very good reason.. Because right now, they can't.. |
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Every exchange is scam by oneway or another , they allow you to deposit unlimited Bitcoin (for non-verified account with ID)
and when its come to withdrawal they limited it to 2btc per day and giving lame excuse of KYC rules.
KYC policy should be applied on both deposit and withdrawal.
Yeah and if you look at the scam sections,you'll see a lot of accusations on this exchanges,each one of them has one and they are not small amount but huge one,that's why it's not a good idea to put huge amount of bitcoin in any exchange, TUXexchange, being legally incorporated in Canada, does not require identification of any kind nor does it limit your deposits or withdrawals in any way.. Because of Canadian law, dealing with cryptocurrency only and no fiat, they do not deal with "money", so no ID no limits, no exceptions, 100% legal.. They also let you register and trade from TOR to stay completely anonymous if you want to.. |
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The question in my mind is, how big of a dump is it going to take for something to be done about scailability?
Will it be worth the risk when BTC is $750? $300? $3?
Getting close.. |
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It's fucking bitcoin Armageddon out there  |
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So, if I stick all my BTC onto a Ledger Nano S and then a hardfork occurs I want to make sure I know what to do..
From what I can find so far as of now the only option is to, restore my wallet from the Nano to a Bitcoin software wallet using the seed phrase, and then export my private keys, and then import those keys to a wallet that supports the fork coins, so I would have 2 different wallets for different coins with the same keys..
Or, wait for the Ledger team to come up with coin split software update for the hardware wallet itself..
Am I understanding this correctly?
Anything else I should know?
Tell me all about it please, I want to be informed..
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ok if i have btc on xchanges than what happen to my coins after hardfork?
We can't speak for all exchanges in one statement, ask your particular exchange.. A crappy exchange may just keep your BU coins for themselves and a good exchange will set up a new currency BTU and give you both your BTC and BTU.. I can't know what every exchange and online web wallet will do with your coins, ask them specifically.. |
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I think no..
If it does fork and their is little hash on a fork, the difficulty will still stay sky high, so blocks will just be extremely slow..
Maybe you can cpu mine a fork after difficulty retargets, but if hash is low enough for you to mine with a cpu, then it pretty much won't be worth anything..
If I understand correctly, which is 50/50 chance..
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The real story..
Nobody accused anyone of "hacking the election"... The election did not get hacked..
Hillary/the DNC/Democrats got hackes along with podesta and a lot of nasty shit about the democrats was found out because of these hacks..
So the sore loser left claim that the hacks on the democrats INFLUENCED the election, not that the election/votes were hacked..
The hackers just released relevant information to the people that proved hillary is as shitty as we thought..
Thank you hackers..
If the election was "hacked" it was by illegal mexicans voting FOR hillary, non-computer related hack..
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I got the same email and this is not the first time this has happened to me..
I think it has to do with the bitcointalk hack, they get the email and password of your bitcointalk account and try it on exchanges and stuff trying to steal your coins..
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The needed TX fee is 10k sat unless you want to be greedy with time and cut in line it seems to me, rising TX fees is just a race to cut to the front of the line, It doesn't matter if fees are 1 whole BTC per TX it's still not going to fit more TXs into the same block no matter how much you pay, I've never had a single TX drop out of the mempool and never confirm..
No need to be condescending Mr. Banks, I don't exactly have a private sever and fiber optic but my $50 a month internet is plenty along with my $200 used computer..
We can run the network for the poor people in Africa, we don't need their added decentralization, not like we have it anyway..
What I struggle with is everyone seeming to give up..
I'm not a coder but I have this crazy idea..
BTC keys are hex 256 compressed to fit a larger number into less bytes correct? And BTC is all about the security of big numbers correct?
Why couldn't you just make up a bunch more characters and go hex 2,056 or something and compress those big numbers even further to fit more into the same data package?
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