The fee will be as high as people are willing to pay, and as low as miners are willing to accept. That's how a market works. But the ideal fee must be high enough to ensure the security of the system.
|
|
|
Well, here we are at 300 replies and only a handful of people have questioned the validity of the graph.
As I have mentioned in earlier posts, the chart is bogus. It is invalid. Bitcoin has no circulating currency, so its number is 0, making it last and not 6th.
I want to award merits to all of the people that questioned the validity of the chart, but sadly they are all members of signature campaigns and I don't give merits to members of signature campaigns.
|
|
|
You can tell who the newbie traders are here. They think that a "pump" is when the price goes up, and a "dump" is when the price goes down. Their ignorance is going to cost them money. The truth is that "pump-and-dump" is a kind of scam. The scam has been around for a long time -- much longer than cryptocurrencies. This is a scam, so let's consider it from the scammer's perspective. The "pump" is what starts the rise in price. The "dump" happens as the price goes up. The scammer doesn't care about the eventual fall in price because they have closed out their positions long before that happens. Here are the basic steps in a cryptocurrency pump-and-dump scam: - 1. Buy: Select a coin that not doing much, and buy a bunch. Buy slowly so that the price stays low. You don't want to pay more than you have to.
- 2. Pump: Get lots of other people to buy the coin. Usually, that is done by spreading fake good news about the coin, but these days it is as easy as telling members of a "pump" group to buy it.
- 3. Dump: As the price shoots up, sell to the buyers for a big profit.
- 4. Watch the carnage: Eventually the price will crash because there is nobody left to buy.
- 5. Do it again: Claim that people lost money because they weren't fast enough, and do it again.
|
|
|
Also: - Pump/signal group: This is a classic pump-and-dump scam where the group members are the intended victims.
- Fork recovery site: They say they will recover fork coins in your wallet (Bitcoin Cash, Bitcoin Gold, Bitcoin Private, etc.) but they really just steal your bitcoins.
- Pay to withdraw earnings: If you must pay money to withdraw earnings from a gambling site, a faucet, an airdrop, or a bounty, you are being scammed.
- Cloud mining: Nearly every cloud mining site is a scam. The few that are "legit" are money-losers.
|
|
|
Mining bitcoins on a PC is a waste of time and money. A PC will mine less than a $1 in a year and cost hundreds of dollars doing it.
If you have a high-end PC, you might be able to earn $1 a day by mining altcoins. Check out NiceHash.
|
|
|
Your second statement (you have a blockchain wallet for BTC): does this mean you're using an online wallet from blockchain.info? If so, do realise that if you're not the only one in controll of your private keys, you're not the only one in controll of your funds.
That seems to be a common misconception. Blockchain.info does not control your private keys, and they have absolutely no access to them. They do store them for you in encrypted form, but only you have the password to decrypt them. Note that blockchain.info is an exception. All exchanges and nearly all other custodial wallet sites store your bitcoins their wallets and give you an account, which is just an entry in their database.
|
|
|
Good luck Fundstrat. You will get one right eventually. A stopped clock is right twice a day.
|
|
|
... because ASIC is good at sha256 computation but not memory access, ...
An ASIC is simply a chip designed for a specific purpose. There is no reason why an ASIC can't be designed to be good at memory access.
|
|
|
“I know most of the I.C.O.s out there are either fraud or won’t deliver on their promises,” he said. Envion, he believed, was different.
Classic. We'll be seeing a lot more of this.
|
|
|
Does the email have a body? Does it contain a url to click on? Post the entire email including its headers. Regardless, it is unlikely to be a seed.
|
|
|
Wow. If that isn't a clickbait title, I don't what is.
|
|
|
Cherry-picking.
It also remains one of the worst performing investments: down 40% since December.
|
|
|
It's probably a scam. If you look at all of the posts here that promote the site, you will see that they are all posted by brand new users. The site is anonymous. A google search brings up almost nothing.
|
|
|
So, Satoshi complained about how much Laszlo was mining. I wonder how many of the coins attributed to Satoshi were actually mined by Laszlo.
|
|
|
I believe it's time we start to act on this - we can change the market by simply moving our balance off the exchanges.
People have been warning, "Don't store your coins on an exchange!" for years, but nobody listens. Anyway, I don't see how removing money from exchanges will change anything since exchanges don't (or shouldn't) have much use for deposited coins. Therefore, they have no motivation to pay interest so I don't see this going anywhere.
|
|
|
I'm new to the idea of a master node, not even sure if I'm doing it right or if BTC Core is one. I downloaded Bitcoin Core for OSX, completely. I understand that it's, essentially a wallet but, is it also a master node? How do I enable it? Are there rewards, percentages of btc, involved? I don't really care about the "rewards" just want to make sure I'm doing it all the right way, the more we're all involved in decentralizing, the better it is for all of us. Thank for your patience, hope I'm not too annoying.
Bitcoin Core is a "full" node. It validates and relays transactions and blocks on the Bitcoin network. If you want to make money, you must run a "mining" node, which is a full node that also adds blocks to the block chain (and gets paid for that service). In the beginning, all full nodes were mining nodes, but as the difficulty rose and specialized equipment became necessary, most full nodes stopped mining. The ability to mine has been removed from Bitcoin Core People disagree on whether or not a non-mining full node increases decentralization. They also disagree on whether or not running a full node improves your wallet's integrity.
|
|
|
Titanium (TBAR) declared SCAM by SEC, Critical EOS bugs found, South Korea ICO Ban - Crypto News #52 https://youtu.be/we-62M5jF-8Im a big fan of titanium since launch this project. What do you think of this guys?and titanium is the partner of bitcoin token rigth? So if the tbar are scam.what about thier partners? If you are a "big fan" of a scam, then I think you might want to reconsider your process for choosing investments.
|
|
|
... 3. Buying high and selling low. ...
I like your points, but I disagree with that one. If an investment looks like it is going to lose money, you should sell it, even if you sell at a loss. Going down with the ship is never profitable. I have some suggestions: 1. Not having a plan, or not adjusting the plan when the circumstances change. 2. Basing investment decisions on the past and not on the future. For example, refusing to sell at a loss. 3. Hope, prayer, and wishful thinking. 4. Not understanding the concept of Gambler's Ruin. 5. Not understanding the concept of Sunk Cost. 6. Getting information only from sources that you agree with.
|
|
|
If every source except the receiver says that the transaction is confirmed, then the problem is with the receiver.
but if you press in on the link i linked to the blockchain page. does everthing look fine? does it look like he should have resived them? and what is thise 14.464 BCH balance You haven't provided enough information. I'm going to assume the following: - You sent BTC to shapeshift, and expected shapeshift to send BCH to qzcxkwwspvrse3n9uaacn5c2389n8zzceqv0nhv50k.
- You have the id of the transaction sending BTC to shapeshift and you see that it has been confirmed
- You know the amount that shapeshift sent to qzcxkwwspvrse3n9uaacn5c2389n8zzceqv0nhv50k.
- The intended receiver of the BCH does not acknowledge receiving the BCH.
If the block explorer shows that a transaction sending the expected amount to qzcxkwwspvrse3n9uaacn5c2389n8zzceqv0nhv50k was confirmed, then it has been received, despite what the receiver may claim. I don't know what the balance of 14.464 means because I don't know anything about where you sent the BCH to. I assume it is an address in the wallet of an exchange or a custodial wallet site because people often get confused about the difference between a wallet and an account (they are not the same thing).
|
|
|
|