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2981  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2017, 07:19:59 AM
It is always quiet before the storm: March 11th is upon us. I think everybody is waiting that hence the trading stagnation.
This is history in the making  Smiley
2982  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 28, 2017, 06:59:49 PM
Is the trading side of the Moon waiting for March 11th (and by the way the Full Moon is on March 12th) to harvest the fruits of years of sowing?
We'll have to wait and see. I am waiting for my seeds to grow to the Moon and for the Moon  Wink
2983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Chain of Points - Transforming Loyalty Into Rewards - ICO LIVE!!! on: February 28, 2017, 06:50:06 PM
It seems like the high value of bitcoin is slowind down the crowdsale: usually the first days with the higher bonuses sell out very quickly. Marketing needs to be powered a bit.
2984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: February 28, 2017, 06:45:36 PM
Last question:
Quote
So you have a local network at home. You have two computers. Computer A finds a stake, signs it, sends to computer B who signs it with their 2nd key sends back to A who sends the complete TX to the network!
Does this slow down the broadcasting time a bit? If another peer finds a stake before me while my multisig staking is doing that process do I lose my stake? In the end it's about broadcasting it before others.
In any case, I think this is a great step forward.

That's a very good question. Yes that depends on where the 2nd location is. It is less than a fraction of a second. On my LAN it's extremely fast. As you all know with online and network games there is low latency.

And actually the question is moreso how often you check to see if you have won. Rat4 recommend it's redundant to check more than every 16 seconds. But in Halo/Bitbay we check every 7. So perhaps that even gives us a tiny advantage. Also, because of the p2sh stake it lets our frozen coins stake which helps our chances of finding one in the first place. So unless your server lags there is no major difference.

Thank you David, I've learned something new. Smiley
 I can now leave you to your work. Keep it up!
About Qtum there's not much to comment, that's the right ending for the story
2985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: February 28, 2017, 06:16:32 AM
Cold staking, at last. Do you have any references or links I could read to get an idea of how this works under the hood? I was not able to find anything more than this (in which you give answers to blackcoin users)
https://www.reddit.com/r/blackcoin/comments/4gk008/boom_first_cold_staking_block/
Can you sum things up for me (us)?

Sure it's pretty simple actually. So most coins only stake normal single ket QT accounts. Blackcoin dev rat4 made me a series of improvements in POS 3 that allow me to spend with block signing key. Therefore, any input can stake now.

This means multisig can stake. Aka multisignature staking.

So if multisinature can stake then you can use two computers to stake in sort of a two step send. Aka cold staking.

So you have a local network at home. You have two computers. Computer A finds a stake, signs it, sends to computer B who signs it with their 2nd key sends back to A who sends the complete TX to the network!

This lets you stake with only one key connected. Thus your account is extremely hard to hack since your keys are on two completely different computers.

The 2nd location can be a server thus is perfect for exchanges and banks. The 2nd key can be a little staking device.

Lastly the innovation in POS 3 although simple is crucial for letting us stake with frozen coins.

The custom stake makes voting easier too as we can customize our payments and even donate our stakes or park them.

Those are the nice things about simply being allowed to stake via spending with block singing key embedded in the TX as opposed to limiting us to single key stake.

This is absolutely awesome! I got it almost right then.
Last question:
Quote
So you have a local network at home. You have two computers. Computer A finds a stake, signs it, sends to computer B who signs it with their 2nd key sends back to A who sends the complete TX to the network!
Does this slow down the broadcasting time a bit? If another peer finds a stake before me while my multisig staking is doing that process do I lose my stake? In the end it's about broadcasting it before others.
In any case, I think this is a great step forward.
2986  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: February 27, 2017, 06:55:06 PM
Cold staking, at last. Do you have any references or links I could read to get an idea of how this works under the hood? I was not able to find anything more than this (in which you give answers to blackcoin users)
https://www.reddit.com/r/blackcoin/comments/4gk008/boom_first_cold_staking_block/
Can you sum things up for me (us)?
2987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2017, 06:49:03 PM
Good morning Bitcoinland.

Still creeping back up.... currently $1182USD (Bitcoinaverage).

Baby steps. Slow and steady.

I see sideways everywhere. Also sleeping is becoming quite hard having price alerts set. Exciting to say the least.
Watching really closely every single change because everyday is different.

Times of sideways will be soon over though. Watch out everybody
2988  Bitcoin / Press / Re: [2017-02-27] Bitcoin Demand Rises as U.S. Corporations are Stocking Up on: February 27, 2017, 06:39:12 PM
From the article linked I read “They actually think they are on the moral high ground. They think the companies should have paid more for security.
That's true but in the well hyperconnected Internet world to be secure is an everyday challenge. No matter how strong we believe our security measures are we see from time to time even the most "secure" sites get hacked.

"They’ll actually explore your system to see how much money they can squeeze from you"
That's because there is transparency by design in the bitcoin space.
2989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 27, 2017, 07:24:15 AM
can we get bittrex not some scam exchange? also not everybody has gigabytes, bytes should be traded too

I think the team should go for the best exchange for Altcoins, and that is Poloniex. I think if they approach Poloniex in a gentleman manner, Byteball should be on the exchange soon,  

If you really need to trade there are many ways to do that: there's the slack channel, the integrated trading bot, there's a thread here on the forum and cryptox the exchange. Why do you need so bad other exchanges?
2990  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 27, 2017, 07:18:30 AM
Napoli - Atalanta was such a big delusion. Why every time they fall against big teams (Real Madrid) they then get crumbled regularly in Serie A? Napoli is not reliable anymore. Don't bet on them. Only Juventus is the one to be trusted here
2991  Bitcoin / Press / [2017-02-26] A binary bet on the Bitcoin twins on: February 27, 2017, 07:14:02 AM
Before they were the Facebook twins, this time they are the Bitcoin twins. And judging from how much attention the COIN ETF is getting on the media I'm a bit bullish I must say.


Bits, the units of information that underlie any digital currency, have only two values: zero or one. Perhaps it's time investors were reminded that buying bitcoin is a similarly binary wager.The virtual asset is trading at a record, shrugging off a campaign by the People's Bank of China to control trading. Underpinning its rise is the hope that American entrepreneurs Cameron and Tyler Winklevoss will succeed in their attempt to create the first bitcoin exchange-traded fund.On March 11, the twins are expected to receive a final decision from the U.S. Securities and Exchange Commission on whether they can list their ETF. A favorable outcome would create a precedent and pave the way for other providers.There are two more funds seeking a review from the regulator -- one of which already trades over the counter -- and talk abounds of many more.

Read more -> https://www.bloomberg.com/gadfly/articles/2017-02-27/winklevoss-bitcoin-etf-bet-is-a-countdown-to-zero-or-less
2992  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace on: February 26, 2017, 10:59:50 AM
I'm going to ask a favor and for all the well known core investors to keep comments on Qtum slack to a minimum. I'm going to do the same no matter what. The Bitcoin community will take it from there. They don't forget. Except fake profiles. I've left a long winded summary on their bitcointalk with links summarizing what happened.  It's not our problem if they ignore it. We have said our peace.

Every comment spent against Qtum is a comment spent not promoting the software we have here that you have all invested in. Its time we could spend marketing and showing new people how to do smart contracts and use the decentralized markets and search for bugs.

It's sad to say but I cannot change the evil in the hearts of men. I can only destroy the evil in my own heart. And as I said on slack we will make this little "scamcoin" BitBay blow everything else out of the fucking water. We don't need to ask for new investment. We won't ask for angels. We will just show them the power of decentralized pegging and increase the community size. As we have been doing so positively this year. Lets keep it up.

Great minds discuss ideas; average minds discuss events; small minds discuss people.

Well done David, you did what you need to and now let's go back to BAY.  Wink
2993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: February 26, 2017, 10:54:32 AM
why the blackbyte is cheaper than a byte in the slack?

Probably because byte is incentivised by the rules of the distribution and easily exchanged on Cryptox. Moreover, blackbytes do not have an actual use currently and holding bytes will grant blackbytes in the distribution, so, some people get rid of them ...

Blackbytes could be the natural asset to be used in a double deposit escrow trade: that will force both parties to put a deposit (in Blackbytes) and only they can sign off on it. If they both cheat they both lose their deposit in blackbytes
2994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 26, 2017, 10:39:47 AM
Do you want to see the real bitcoin train today? Here it comes


What I see is FOMO, FOMO everywhere. Hold tight, relax and keep control over your keys.  Wink

Oh, by the way
please someone quote me:
the ETF is nothing but trouble for bitcoin. best case: it fails, we crash and recover.
I hope to be to first to tell you how wrong you were  Grin
2995  Bitcoin / Press / [2017-02-21]You Can Bet On Whether the SEC Approves the First Bitcoin ETF on: February 25, 2017, 03:25:55 PM
It’s a bit metaphysical -- even for a virtual currency.

Speculators can bet on whether the Winklevoss Bitcoin Trust (COIN), developed by the venture capitalist twins who were involved in a long-running legal battle over the ownership of Facebook, will be approved as the first exchange-traded fund to track a digital currency by the U.S. Securities and Exchange Commission.

Such wagers can only be placed and settled in Bitcoin, naturally, on the BitMEX platform, which offers the ability to trade certain cryptocurrency derivatives with “up to 100x leverage.” The Winklevoss’s personal edition of March Madness happens in three weeks, with the decision on whether the SEC approves the $100-million offering due March 11.

Read More -> https://www.bloomberg.com/news/articles/2017-02-21/you-can-bet-on-whether-the-sec-approves-the-first-bitcoin-etf
Bet on Bitmex -> https://www.bitmex.com/app/trade/COIN_BH17
2996  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: February 25, 2017, 03:16:13 PM
I always ask myself why I stopped mining from my desktop computer back in 2011. I did not have any clue about how this worked and I thought like this was going to end quickly. I've probably lost quite a few coins  Roll Eyes
2997  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 25, 2017, 03:10:29 PM
There's not much to say about this coming Saturday Games: 99% both Napoli and Juventus are going to win their respective games with Atalanta and Empoli. I will bet on a mixed parlay which considers some Sunday games too

Napoli - Atalanta Napoli
Juventus - Empoli Juventus
Chievo - Pescara Both teams to score
Sassuolo - Milan over 2,5 goals
Crotone - Cagliari Draw or away
Genoa - Bologna Genoa
Lazio - Udinese Lazio
2998  Economy / Gambling / Re: ✅DuckDice.io🎲 MAX 2K Faucet🎲 3K Signup🎲120%1Dep Bonus 🎲1%Edge🎲Fair🎲Chat🎲 on: February 25, 2017, 03:06:06 PM
After playing for about two weeks I'll share my quick review: I like the site, it's quite smooth but I have been experiencing some troubles when opening it from a friend's computer on Safari (Macbook pro) Site and game won't load.
Apart from that and my total absence of any luck it's a nice dice site game and the community is building up pretty well.
Go try it and take advantage of the sign up bonus.

As I've already said, I would find another logo for duckdice, but that's just me Cheesy
2999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2017, 02:40:27 PM
IF i repeat IF the decision will come out Saturday in many ways can give opportunity to insiders make a tone of money.... do you see the same picture on that or only i am?
https://www.bitmex.com/app/trade/COIN_BH17
Want to bet on it?

By the way, if I recall it correctly the decision deadline is on March 11th but there are chances this can be decided by March 11th which makes a big difference. IMHO we will know the end of the story on March 13th: and we'll probably see what does it mean to do insider trading.
If there will be no decision by the 11th and big buys will start you'll probably know what to do.
Exciting times, indeed.
3000  Bitcoin / Press / Re: [2017-02-24] How Specifically The EU & US Intend To Tax Your Bitcoin on: February 25, 2017, 02:26:57 PM
“Special attention should be given to the international exchange of suspicious Bitcoin addresses that threaten economic stability.” Economic stability is bureaucratese for economic control."

Privacy and freedom are so much in danger these days.
Policy makers, regulators, politicians should work their way out and try to understand they are the main responsibles if we are in such a situation.
So good I've never given my data to any exchange. Mostly because I don't use exchanges.


How do you buy bitcoin then?

I do one to one trades with people I know. I used to buy some on ATMs when the price was much lower. Today I don't feel like buying from exchanges and I prefer to keep my BTC in my personal wallets.
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