got my coins right away, was very fast

thanks guys, BB works really good and i like it

lets get some normal volume exchange now

I read that this morning. And they reported this guy doesn't even believe in bitcoin for long term...

i also stopped using Mycelium for this reason

An article that does a good job explaining fungibility in crypto.

http://weuse.cash/2016/06/09/btc-xmr-zcash/

Fungibility is a property of money that makes every unit if this money interchangeable: you can pay someone with a paper note and the receiver won’t care where it came from. As long as this note isn’t counterfeited, he will accept it and exchange goods or services for that paper note. This is how physical cash works.

But how do we enforce fungibility on a transparent blockchain where every transaction is visible?

All forms of mixing on transparent chains are active forms of mixing: if you want to mix coins, you need to find other people who want to mix as well. This makes the system vulnerable to sybil attacks/honeypots and, more importantly, people can see on the blockchain you tried to mix your coins. This act in itself could already be considered a crime: you are actively money laundering your coins.

Even if using a mixing service isn’t viewed as a crime, there are still a lot of fungibility risks associated with mixing. First and foremost, there is the possibility of blacklisting coins.
Even if you succeed in anonymizing your coins, there is still a trail. It’s pretty easy to know by analysing the blockchain that certain coins were sent to a darknet market for example. So if you try to mix your coins, you do that with coins from an unknown source (that’s the whole point, remember?).

I tried engaging the transition bot and it just echos whatever I say. Does that mean I'm too late? Or that the bot is temporarily offline?

The distribution snapshot was taken at block 461387!

Thank you all for participating in this distribution round. It usually takes some hours until the bytes arrive in your wallet (blackbytes a lot longer), please be patient.

If you're too late, don't be sad. There are several more distribution rounds coming up, each one on the full moon!

     

There's nothing they can do about the real New World Order and they know it. True globalism isn't governments or other corporations. It's decentralized worldwide networks of peers, i.e. true democracy.

A forward-thinking Torontonian named Marshall McLuhan wrote about the global village back in the 1960s, long before the internet. Now his prophecies are being fulfilled. The "information superhighway" has become more like a parking lot. The whole world is being paved over.

Napster was just the thin edge of the wedge. With each succeeding attempt to shut down p2p file sharing, they just made it stronger and more decentralized.

Their only line of attack against Bitcoin is the exchanges. In the days of Gox it was almost as easy as attacking Napster. Now multiple exchanges make them harder to attack. As more and more bitcoins are traded off-exchange by individuals, it gets harder and harder for them to interfere.

Even more important than them losing control over money and entertainment (bread and circuses?) is that they're losing control over the dissemination of information itself. I suppose they could attempt to censor the peer-community-generated content of Wikipedia but another less centralized platform would soon arise. Meanwhile people around the world are communicating more every day.

They can't stuff the cat back into the bag.

Good morning Bitcoinland.

The battle for $1200 rages on... currently $1188USD (Bitcoinaverage).

This is the second day of sideways consolidation in the $1180-$1200 range.

It had crept over $1200 on some exchanges but that series of significant ask walls in the $1196-$1198 range at Stamp kept it from going up despite good chunks of those walls being eaten. Now those other exchanges are trading at less than $1200 as well.

Now it's the weekend. More consolidation or do they pull the walls and let the price move another leg up?


I think you have that backward.

3-4 years ago anything under a few thousand coins wasn't considered a wall at all. People still remembered when 10k coins only bought a couple of pizzas and 1k coin gifts were not uncommon. A mere 500 coin ask wasn't considered a wall, just a decent bump in the road, the price of a nice car.

Now 500 coins represents over half a million dollars, and can have a significant effect on the market.

Market cap isn't a big consideration in this. That 10k coin pizza represented a larger portion of Bitcoins total market cap than "Manbearwhale's" infamous 30k coin ask wall did in 2014. Now after 2 halvings and with most of the eventual total coins having already been mined, it's less and less of an issue.

Payment sent: https://blockchain.info/tx/8ad201357fb779bd6cb7d7eba6d115cbe083cf63a538933f0bae384d353f57b0

Thank you for promoting us around this forum

The wall at $1200 is about 1000 BTC.

Huge walls like that tend to be manipulation in the direction of the wall.

This is just the beginning.

need more action..... cryptopia customer don't knows byteball

Meanwhile, magic bean approaching $1,200 again  

Hi irfan,
I'll keep this after my first month if it is ok for you.

p.s. please check your pm, I'm still waiting for a reply.
thanks

Litecoin is really triggering my laziness.

I have an old Litecoin wallet from back in the day (way back when I thought having another currency blockchain outside Bitcoin's might have some long term value). It has ~100 or so LTC left in it.

But eh... I'm just too damn lazy to fire it up, sync it with the network, and trade my ltc for btc.