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2981  Economy / Services / Re: [OPEN] | 🔥 Bitmixer.io Signature Campaign 🔥 | Earn up to 0.035 BTC/week on: January 24, 2017, 11:39:32 AM
Just learnt that ViaBtc have a nice tool you can use to push low fees txs through (min 0.0001/kb): https://www.viabtc.com/tools/txaccelerator/

Tried and tested. They would include submitted txs in the next block found by them.
2982  Economy / Scam Accusations / Re: [SCAM][UNSOLVED] BTC-E.COM REFUSING TO UNLOCK MY ACCOUNT (thousands of dollars) on: January 24, 2017, 08:55:58 AM
...
Dang. Does anybody think it would make a difference if we all tagged the BTC-e account with negative reputation and referred to this thread?

Not really, they already have loads of negative trust ratings, but those have no effect on the trust-score visible under the name. But one/few more from DT listed member(s) could be helpful. Where's Vod when you need him most...
2983  Bitcoin / Legal / Re: Looking for feedback on Bitoin Risk Warning on: January 23, 2017, 05:26:03 PM
Not bad overall, but I'd definitely re-word it a little bit. I'd go for a short intro under in each paragraph and do a bullet points for major risks, so it's easier to read/comprehend.

Quick comments:

In the "Risk warning for normal bitcoin users/consumers" - there's potentially a lot to add. "Don't download wallet from unreliable source" and "always secure the back-up files/passphrases" would be worth to mention. Also, some info about sending BTC with sufficient tx fees would be useful.

"Do they have contact details or are they completely anonymous?" - consider removing this one. Having a registered company (especially in the UK) and contact details doesn't mean much, a lot of recent scam sites have this.

The "Arbitrage" info in the "Risk warning for bitcoin investors" para doesn't really belong there, as it hardly falls within definition of 'investing'. Or you could just add: "...for bitcoin investors/traders"?
2984  Bitcoin / Bitcoin Discussion / Re: Mining distribution comparisson of 2012 vs 2017 on: January 23, 2017, 04:25:49 PM
It is funny how trading Bitcoin is officially banned by Icelandic Central Bank, yet they have mining farms there providing 5% of total hash power.
AFAIK mining bitcoin is not regulated by Icelandic Foreign Exchange Act and mining farms can operate freely.

It's understandable when you look at the wider context. It's not limited to Bitcoin in any way, it applies to all kind of forex. They just protect their currency (Krone) from speculators after the 2008 banking system collapse.

But if you run a mining-farm and sell your bitcoins outside of the country, that doesn't have any impact on Krone, so that's why it's not disallowed.

...
How then can they cash out their mined BTCBTCBTCs? That's gonna be one interesting business model.

Sell abroad (ie for EUR) --> convert EUR to Krone (within allowad limits) to cover mining expenses.
2985  Bitcoin / Bitcoin Discussion / Re: We've come a long way, mining distribution 2012 vs 2017 on: January 23, 2017, 04:00:56 PM
And how does distribution looks when you do it by nation states?
Not that much distributed I would say.
And yes I know that it doesn't mean that in all those chinese pools the miners are all located there.
However imo there is still a lot of room for progress I would say.


Indeed, China is still king of mining, but what did you expect? in a country where the elctricity is so cheap, and the country that has the most people in the world, that would happen.

China companies compete against each other too tho, or at least that how it should be.

The problem is not so much about Chinese pools conspiring together (but bear in mind that all major operators probably know each other pretty well), but more about Chinese gov being able to take over the majority of hash-power, or just force pool operators to attack the network if they ever see Bitcoin as a major threat.
2986  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN][EXCHANGE] Poloniex - Crypto Exchange with BTC/NXT on: January 23, 2017, 03:34:08 PM
can i mine monero (xmr) directly to my poloniex account?

i am bandwidth limited so cannot run a node/wallet at this time.

sorry for noob question like this im sure the answer is already in this thread somewhere.. just cant find it.

Don't mine directly to Polo address if you're solo-miner or using a pool that sends out your share of mining profit automatically. Just use a pool that allows you to initiate withdrawals manually (ie Minergate) after you accumulate some decent amount.

Poloniex can change deposit addresses with very short notice and also (afaik) wouldn't show dust-amounts deposits.
2987  Economy / Exchanges / No more fake volume from China? on: January 22, 2017, 02:16:05 PM

https://twitter.com/cnLedger/status/823146829701259264

Apparently 3 major Chinese exchanges: OKCoin, Huobi and BTCC announced charging trading fees (0.2%), effective from 24th January.

This must be a result of the Government's probe that happened earlier this month, which also resulted in suspension of margin trading.
2988  Other / Archival / Re: Updated Overview of Bitcointalk Signature-Ad Campaigns on: January 22, 2017, 02:01:15 PM
I'm fairly confident that they are a legit company
I don't want to decide by myself because of the previous cloud mining scams and all. Ask Mitchell if it's okay to include that in the table. He just updated the table but didn't add Pow88 so....

Its still Mitchell choice but knowing how bad this could end just like the previous services (CloudMinr.io , Cloudmining.website etc...) I really wouldn't suggest adding them to the list .

That's a dangerous logic. Not adding a particular campaign because of it being likely a scam creates a precedent. Now (if you want to be fair and consistent), before adding any new campaign, you'd have to research every company and evaluate whether it's legit or scam. That, in turn, would create impression that every position on the list is filtered and vouched by Mitchell as being legit.

So it's best to keep it purely informative and keep the judgements outside the table (or maybe red-star the obvious scams).
2989  Bitcoin / Bitcoin Discussion / Re: SegWit vs Bitcoin unlimited on: January 22, 2017, 12:42:11 PM
Does anyone know how much of that Roger Ver has?
Roger Ver still has the last 51% mining pool supports.

Roger Ver has his own pool, currently 1.4% of hashpower. ViaBTC, other pool that openly opposed segwit softfork has 7.9%, meaning, if nothing changes, segwit will struggle to get 95% support.
2990  Bitcoin / Bitcoin Discussion / Re: SegWit vs Bitcoin unlimited on: January 21, 2017, 01:06:50 PM
So everybody understands that Segwit is inconceivably better...

Lol. There's literally few people on this forum who understand both segwit and unlimited and those have somewhat informed opinion. The rest is just cheering for the camp they feel is right.

Anyhow, segwit support stuck at 25%, you can hardly blame 'some forum trolls' for that.
Apparently, to get things moving one way or the other, you have to organise few closed-door meetings with the miners, because that's how decentralisation works nowadays.
2991  Bitcoin / Bitcoin Discussion / Re: unbearable blockchain size on: January 20, 2017, 12:14:24 PM
UPDATE ON YOUR REPLIES

1- BTC blockchain is not growing exponentially but linearly (but is still growing) This still can be discussed as blocksize increases by time.
...

OK, let's settle this:

https://blockchain.info/charts/blocks-size?timespan=all


31 Dec 2012: 4.3 gb
31 Dec 2013: 13.4 gb (+9.1 gb; grew by x3.1)
31 Dec 2014: 27.8 gb (+14.4 gb; grew by x2.1)
31 Dec 2015: 53.6 gb (+25.8 gb; grew by x1.9)
31 Dec 2016: 96.2 gb (+42.6 gb; grew by x1.8 )

So far, as per above data, it's definitely more appropriate to say the growth was exponential, not linear. With the capped block-size the trend should change though.
2992  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 20, 2017, 11:10:17 AM
has the minimum payout been lowered? seeing 0.00000112 BTC
Nope, it's 227 sats for me.

...
Sure, I would appreciate all suggestions and will reward anyone if we implement their idea in the future too.
...

OK. What I would really like to see is something like the 'Birds' service (https://birds.bitcoin.com/about), so basically paying/getting paid for re-tweeting. The problem with 'Birds' is that they operate on-chain, making it pretty much unusable for anyone with less than 10k followers.

Freebitco.in already has large userbase and off-chain payment system, so it's a massive advantage. You could charge even 10% commission and people still will be happy to use it. You already have a massive crowd of people looking to earn small amounts of btc (I'm sure a lot of them have twitter accounts), and there will be people willing to pay for retweets - it's much easier and likely cheaper than running a standard "twitter campaign" (often done manually, as seen on this forum), also it seems a good way to promote ref links etc.

One obstacle to overcome would be filtering out people with thousands of fake followers. But it's doable, you could check the audit score at registration or at withdrawal attempt, set the minimum allowed score or only pay for real followers. Hopefully it could be automated.



Other idea: Staking PoS coins for a small fee. Something that JustDice does with CLAMs. You could allow users to convert their btc earnings to PoS alts (CLAM, NXT, in the future - ETH).



You could also integrate ShapeShift for deposits/withdrawals (it would probably only work for instant withdrawals though). From the users' perspective, it's always good to have such option, even if the fees are rather high. Afaik, it's easy to implement and ShapeShift pay affiliate commission.
2993  Bitcoin / Bitcoin Discussion / Re: unbearable blockchain size on: January 19, 2017, 01:32:22 PM
...
it is not exponentially it is linearly, and there is a big difference.
...

How is it linear?

Linear growth means that it grows by the same amount in each time step.

Try to compare blockchain size at the end of each calendar year and let us know what you found.
2994  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN][EXCHANGE] Poloniex - Crypto Exchange with BTC/NXT on: January 19, 2017, 12:08:44 PM
Ok,i got a huge problem with this poloniex,i tried to withdraw my btc 4 hours ago and after i confirm the withdraw on email its on awaiting approval and every 20-30 minutes i`m getting the btc back in my poloniex account
I still cant get my btc


WITHDRAWAL HISTORY
Export Complete Withdrawal History
Status   Coin   Amount
Awaiting Approval   BTC   0.54064006
2017-01-19 11:47:32


Email customer support or ask mod for help. No one is monitoring this thread.
2995  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 18, 2017, 09:34:06 AM
thank you for the .1 btc for free

Congrats.

I also confirm that I received my BTC0.1 prize. Thanks again wetsuit!

ps. If you're looking to add something new to the website, we could do a little brainstorming here and share ideas.
2996  Bitcoin / Bitcoin Discussion / Re: Satoshi's coins rights on: January 16, 2017, 11:14:58 PM
Assuming that this happens well into the future, suddenly a bunch of coins which were basically lost forever (and no longer part of the market) would once again be available on the market. This would shock the market in a major way (a lot of coins are considered lost). It would be like there was a once-off block reward of 1 million+ coins.

If there was a general agreement that those 1 mil coins are "lost" there would be no controversy. There's still uncertainty, which is likely factored in the price (to some degree).

...
So... the fix would be to set a date (probably by block height) that everyone would need to transfer their coins to a new non-vulnerable address. If you don't transfer your coins by that date, they are considered lost forever, and would be locked (not transferred) by the protocol.

It all boils down to whether such deadline should be set or not. The moral dilemma is to whether it's OK to cut-off anyone from their coins in order to protect the market cap. You can never be sure whether those coins will be 'hacked' or whether the 'rightful' owner will manage to transfer them in the last minute.

Bitcoin is a new form of money that comes with new challenges. One of those challenges might end up to be that you need to "update" your money to protect it. Expecting users to upgrade to prevent unauthorized access to private keys is not theft.

It's not theft, but it's ethically ambiguous. You can 'update' your own money and leave the option open to others without a deadline. If they don't transfer on time and get their funds stolen - so be it. The price would get (badly) hit, but it'd all come back to normal eventually.

The economic majority decides which changes will be made to the protocol through it's ability to render the coins valueless. The economic majority will choose it's own self-interest.

Of course. But 'disabling' the coins stolen in any of the major exchanges hacks would also be in the economic majority's best interest (hacker can't dump them on the market + your share in total supply increases), but rarely anyone was taking such idea seriously, as it wasn't in line with Bitcoin's principles.


To me, it's not all black/white and I could defend both positions here.
2997  Bitcoin / Bitcoin Discussion / Re: Satoshi's coins rights on: January 16, 2017, 01:34:53 PM
OP, you're very concerned about Satoshi's property being infringed. But what about peoples' right to "fork off"? You want to disallow others from creating/choosing their own forks?

That's exactly what would happen. Satoshi (and anyone else) would still be free to stay on the old (non quantum-resistant) fork and still have his stash (unless already hacked). Have you considered it?

To be clear, I'm also leaning against that, but you seem to be operating under simplified black/white logic, without proper understanding of the reasoning behind that idea.
2998  Economy / Scam Accusations / Re: [SCAM] btc-e.com refusing to unlock my account (thousands of dollars) on: January 16, 2017, 11:17:45 AM
Good to see they finally responded to you and promised to release your funds.


Update: situation not resolved yet. They are going back to the same question already answered on the first screenshot of this thread...



That's annoying, but you may be dealing with different person who wants to get a clear picture of the situation.

BTW was your gmail account deleted due to inactivity? What happens when you send an email to that account, would it bounce back as undelivered? If so, btc-e should be able to verify your story easily. If not, they have a reasonable reason to be extra cautious.

Hope all goes well. Let cryptodevil know when you successfully withdraw your funds (I assume that's what you want to do) and it would be nice gesture to offer him small tip for spending his time to help you out.

2999  Economy / Micro Earnings / Re: FreeBitco.in - Win free Bitcoins every hour! on: January 16, 2017, 10:42:17 AM
I am sorry to announce that the new feature that we were working on will not be released in the near future. I'll try to explain what we were trying to do.

I was trying to create a mining investment program for users where users would be able to invest their bitcoins with us and we would use it to purchase bitcoin miners and generate profits. The way that I had designed this was that it would carry absolutely no risk to the user (other than us running away with their money, which is always a risk with any investment) and users would be guaranteed a fixed return on their investment (around 8-10% APR) measured in bitcoins, regardless of the BTC price. It would eliminate most issues with "cloud-mining" schemes and users would not have to worry about the difficulty and price, we would assume all of that risk. We would also provide proof of our mining hashrate to show that we were not running a fractional mining scheme.


That's a bummer. It would be a great addition. But how could you possibly guarantee a fixed 8%-10% return? You would expose yourself to a high risk, as you cannot possibly know what the difficulty will be like in the future and whether your hardware will still be efficient etc.


I'll contact the first two users who correctly guessed what the feature was to reward them their prizes. Sorry for hyping this up and then disappointing people who were waiting.

Who are those lucky 2?

The first one?

minning


Ignoring misspelling, that's a bit general answer, could cover anything from selling mining hardware to cpu altcoin mining software (or even mining pool etc). Would you count this?

Other guy was more accurate:

Cloud-online mining client / website

But he broke the rules by making 3 guesses within 24h frame.

I believe I was next:
I'll give a clue - it's something that has required significant monetary investment on my part (I'm talking 5 figures US$) before I can offer it to users. I'll reset the 24 hr limit for the users who posted before. You guys can guess again.

I don't think it's very likely, but the only thing I can come up with (since it's not leaderboard or loyalty points or shares in profit) is cloudmining (Bitcoin, or altcoins), in which users earn (dilutive?) shares for every roll/referral roll/dice wager.

Did I win?
3000  Bitcoin / Bitcoin Discussion / Re: About Collision on: January 08, 2017, 01:48:58 PM
...
Your source is wrong slightly off as it ignores the birthday paradox. Due to it, on average you have found a collision after checking half of the keyspace with almost certainty. Thus you only need 2^159 key generations. Not that it changes the numbers in any significant way.

Why half? According to the birthday paradox, you'd have near certainty (99.9%) of finding 2 people with matching birthday with as little as 70 people. So wouldn't you need roughly one fifth (366/70) of the key space?

Also, doesn't the "2^160 generations" relate to finding any collision (defined as randomly generating 2 identical priv keys), so including zero-balance ones (also those previously generated by attacker)? If so, finding collision with specific (non-zero) addresses would be a lot harder.

And is the birthday paradox even applicable for targeting specific addresses? I thought it's only about finding any matching pair.
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