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What would be the point of that? At that point you may as well just use banks or PayPal.
Apart from that, as long as there are crypto-currencies that don't abide to these regulations, the ransomware industry will simply use these instead.
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I was mining bitcoin back in 2011 but lost my wallet/gave up etc etc...
Is it still worthwhile getting back into crypto?
If you mean getting back into mining -- may be worth it, but will depend on your electricity price and require a lot of commitment. If mean getting back into crypto in general -- it's always worthwhile to get back into crypto. Just watch out for scammy ICOs, useless alts and other questionable investments. |
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In concur. A buddy of mine is doing a lot of stock trading and has also dabbled in forex and crypto a bit, and according to him it's very different. The basic rules still apply, but much less reliably. Nonetheless I guess it's mostly a matter of experience, so if you know your technicals and watch the crypto markets a bit you should be able to take your own lessons on which techniques work and which don't.
I also come from a traditional trading background. I think the reason for what your buddy observes is that the big hedge funds use algorithmic trading systems and these are not present on crypto. A lot of those algorithms are built from technical patterns and because the big players are using them they become a self-fulfilling prophecy. There are some trading bots available for crypto but their systems are highly primitive in comparison. That makes sense. I didn't account for automated high frequency trading, but I also assumed that part of what makes technical analysis less applicable to crypto is the general lack of trading expertise creating a more random market. Add to that relatively low trading volume and you get every pumper's dream and every technical analyst's nightmare. |
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Hello to everybody,
I have question about chart analysis. Are there any differences betwen chart analysis in traditional stock exchange and crypto exchange? Considering that the crypto exchange is much more emotional in decision making? Can we use exactly the same analysis techniques or do we have to adjust them to our crypto reality? If yes, please give me some tips what I have to change that the analysis would be more accurate.
I can say that having technical or chart analysis do somehow works on crpyto trading but not all the times since volatility is really high which isnt really compared or the same on stocks or forex trading.This is why i do say it is somehow hard to trade up on this cryptoworld but still manageable if you do already got the techniques or ideas. In concur. A buddy of mine is doing a lot of stock trading and has also dabbled in forex and crypto a bit, and according to him it's very different. The basic rules still apply, but much less reliably. Nonetheless I guess it's mostly a matter of experience, so if you know your technicals and watch the crypto markets a bit you should be able to take your own lessons on which techniques work and which don't. |
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Are you saying that when i go to piratebay to download something they are using my pc to mine bitcoins?
Not Bitcoin, but Monero. The latter being much more profitable to mine on a CPU. Nonetheless it appears to have just been a testrun, so its unsure whether they'll use it long term. |
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Short of asteroid mining becoming viable I think it's highly unlikely. Gold has been used as money for thousands of years, I doubt that it'll get replaced that easily. hold it right there...
Gold is not just some shit you extract from earth and trade it to just have value. it has a thousand and one different usages in a wide range of fields. from electronics to medical. and from big (macro) to small (nano) sizes of it is being used.
and the "value" comes from these plus scarcity of it.
Keep in mind while gold has a lot of usages, it's utility is not the main factor that drives its value. If governments and private entities wouldn't use gold as store of value, it's price would be nowhere close to current levels. |
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The nodes would split off anyway as soon as the hardfork occurs. Unless core is already pre-emptively rejecting btc-1 nodes for reasons that I'm not aware of, I doubt that there is need to cut these nodes off as long as they follow consensus.
Either way I don't fully get the rationale behind this. Is it to mask their numbers? Even so, what would that accomplish, other than general chaos? I see neither SegWit nor SegWit2x nodes benefiting from being unable to determine whether they follow the same blockchain.
Bitcoin Core 0.15.0 will disconnect (note disconnection is not the same as banning) any peer which has the segwit2x service bit set. The reason for doing so is to avoid a sudden change in network topology at the time of the fork. It allows Bitcoin Core nodes to ensure that they are connected to other Bitcoin Core nodes and btc1 nodes to ensure that they are connected to other btc1 nodes prior to the fork so that when the fork happens, some nodes (either btc1 or Bitcoin Core) don't find themselves suddenly isolated from the reset of their consensus network. It makes the fork happen more smoothly so that btc1 nodes are not surrounded by only Bitcoin Core nodes (and thus be isolated) and vice versa. Ah yes, that makes sense. And the commit as posted by OP makes even less sense now. Lack of replay protection, I get. I personally think it's shitty, but I get it. But this right now is just... weird. So yes, they try to keep the network as tight as possible as long as the consensus is the same. Sounds valid. But to defer solving a possible lack of nodes right until the point where the hardfork occurs seems kinda insane to me. |
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Cloudflare is basically a legitimized man-in-the-middle attack, ie. while the data gets encrypted between User / Cloudflare and Cloudflare / ChipMixer the data still gets decrypted -- and possibly stored -- on Cloudflare's server.
This is correct. In case of other mixers using CloudFlare, CloudFlare knows your input address and output addresses. In our case, if we would use CloudFlare, CloudFlare would know input addresses and private keys. CloudFlare is US company so it is reasonable to think that any three letter institution could get an access by court order. Holy shit I absolutely forgot about the private keys. Those would indeed fall into CloudFlare's hands as well. Not only that, just imagine something like Cloudbleed happening again. That'd be disastrous. [...]
* cloudflare has 2 SSL "modes": flexible and full. For an enduser, it's allmost impossible to tell wether the site he's visiting is using full or flexible SSL mode. If a site is setup with the flexible SSL mode, it is possible for your data to be encrypted between your computer and cloudflare, but unencrypted (over port 80) between cloudflare and the server. So, if everything is setup correctly (full ssl mode), there is no problem, but if the admin was lazy and setup the flexible ssl mode, the user might never know his data is being transferred unencrypted.
[...].
That's why every dev team needs "that paranoid guy" making sure that shit like that doesn't fly  |
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The nodes would split off anyway as soon as the hardfork occurs. Unless core is already pre-emptively rejecting btc-1 nodes for reasons that I'm not aware of, I doubt that there is need to cut these nodes off as long as they follow consensus. Either way I don't fully get the rationale behind this. Is it to mask their numbers? Even so, what would that accomplish, other than general chaos? I see neither SegWit nor SegWit2x nodes benefiting from being unable to determine whether they follow the same blockchain. |
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They are mixing it and dividing into much smaller amounts, because it's easy to track 1 address with 1000BTC, but it's much harder when you have 1000 addresses with 1 BTC on each.
The easiest way to hide your illegally obtained coins is to mix it with legal ones. You can use a mixer, a casino, or even an exchange. Many exchanges allow unverified users to trade, you are only required to verify when you're withdrawing.
This was also the reason why btc-e got cracked down by the feds, as they apparently were involved in laundering Gox coins, as well as other major heists. Note that for amounts of that size you apparently need special connections, since regular mixing services only have a limited amount of "clean" coins available at any given time. Oh so bitmixer and chipmixer does this kinds of servies? or it is just coincidental on there site. Because i see people commenting how to mix there transaction id with other transaction. I just came to understand how mixers work. So they can mix transactions with the same amount of how much they are transacting?. Because i am making small trades right now i dont really have problems when it comes to those ones, so i guess i would need mixer for big trades.
Bitmixer closed shop a couple of weeks ago. If you come across a Bitmixer website, it's most likely a scam. Chipmixer offers mixing services, that is correct. |
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Expedia is accepting bitcoin for hotels and flights booking. I like the point about Olympics in Japan, where Bitcoin is spreading pretty fast I think.
Yeah, I know it will take a time for tourism to get used to bitcoin more. But we're early adopters and every discussion starts a new chapter of cryptos.
Expedia is unfortunately accepting Bitcoin only in the United States -- or at least they are not accepting Bitcoin in Europe. In general it seems like it's more easy to buy Bitcoin than to spend Bitcoin. At least Bitcoin ATMs and the likes seem to be more common than brick and mortar stores accepting Bitcoin. And sadly it doesn't look like that's going to change any time soon. |
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It is a bit strange for a cryptocurrency to have 2 forked coins because it is now a bit of unusual scenario and i think it will have a huge effect in the price of bitcoin because people will think that bitcoin is just degrading and its price will not become high because the community might be divided into 3 which is not a good thing because the demand will be divided also.
Apparently forking Bitcoin is the new way of alt coin creation. Why just fork the codebase if you could fork the blockchain as well? Same as with the alt coin rush of 2013 I'm sure the novelty will soon wear off and we'll be back to business as usual. I think the impact on Bitcoin will be negligible, especially if there's little community support for Bitcoin Gold to begin with. Given the timing it almost looks like they are just trolling SegWit2x. |
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Ok I am a noob and I don't know much of technical stuff but can't Chip-mixer make a encrypted connection between the client and it's servers so if a third party is involved the data is well encrypted? I don't know if it's even possible lol
Chipmixer uses an encrypted connection. I'm not sure how Cloudflare works in the details, but I can imagine Cloudflare must some how know who is a legit user, and who is just a DDOS-bot spamming. Until reading it here, I didn't realize that compromises privacy. Cloudflare is basically a legitimized man-in-the-middle attack, ie. while the data gets encrypted between User / Cloudflare and Cloudflare / ChipMixer the data still gets decrypted -- and possibly stored -- on Cloudflare's server. As far as i know Cloudflare's DDoS protection isn't even all that effective. Or rather, it works for basic DDoS attacks, but more sophisticated attackers will work around Cloudflare's DDoS protection either way. |
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Phew, barely managed to get one of the Hero Member slots!  Airdrop received, thank you dev! |
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Don't worry, I'm pretty sure that OP misunderstood something in that regard as Austria has been rather sane regarding Bitcoin taxation.
What about wenn you don't sell the BTC, do you have to report them then or only when you are exchanging back to FIAT money? No. If you just buy BTC, and hold BTC, there's nothing to report. If you daytrade or received BTC as payment in exchange for goods or services, you need to report the profits in your income tax report (Einkommensteuererklärung). If you bought BTC and sell it after 1 year of holding you're free to report it, but you're not obliged to do so. Either way there's no tax to be paid for profits on a BTC sale after 1 year of holding. Here is some fairly reliable information on how Bitcoin is taxed in Austria: https://bitcoin-austria.at/de/artikel/bitcoin-steuern-oesterreich/20170301_Bitcoin%20und%20Steuerrecht_Folien.pdf |
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For the next batch which shipping will starts in late November at a cost of $1,265 each, Bitmain only accept Bcash.
If people speculate to increase the price of Bcash, so it would be good for Bcash holders, but I don't think it would be significantly due to this way of essentially “forcing miners” to buy Bitcoin Cash to pay for the hardware, but most miners should have BCash in their wallet as well, so it's not politically to pump Bcash price. Why they only accept BCash? Maybe because BCash potentially easier to trade for fiat after China’s recent crackdown on exchanges or it's not easy to met one hour limit payment with bitcoin when the network is congested.
Now that you mention that "most miners should have BCash in their wallets as well": Maybe they are trying to incentivize BCH mining, encouraging miners that plan to upgrade to new hardware to point their miners to BCH and stock up on it? However I highly doubt that BCH is easier to trade in China. Especially since viaBTC, one of the earliest BCH adopters, was one of the exchanges that shutdown first. Also the one-hour-limit argument is kinda moot when BCH is majorly affected by hashrate fluctuations, making it highly unreliable at times to anticipate transaction times. |
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 This graph compares GOLD, USD and Crypto, obviously Crypto (bitcoin) is a winner. When more and more people will join bitcoin community than government have no option other than to just legalize the use of bitcoin and its trading. People are being more sensitive towards their personal privacy and financial freedom, people don't like to just invest their hard earned cash for 5-10% P.A. interest in usual banks and if they don't store their money in banks than that can be a big chaos for banks. That's why they are completely against bitcoin and government is supporting them... This graph seems like it's wrong to me when it says "Sovereign (Government Issued)". If it's government issued then how can it be sovereign? If it's government issued, it's a bad thing, so the red box is misleading. I think something is wrong there. It should just say "Government issued" and the "low" box should be green to show that it's positive that it isn't government issued. Despite all the flak fiat gets, being government issued is not necessarily a bad thing in itself. It's a system that has worked for many centuries, and while it suffers from all the bad of centralization it arguably leads to stability and prosperity if handled right. For the moment being fiat is still the most trusted kind of money, so for the general populace being government issued is a positive. |
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Why would Bitmain declare war on BTC? That would be illogical because their biggest market for their hardware would still be BTC. Jihan Wu is also a businessman, so whatever that move is, its probably a business decision and not a declaration of war.
I guess it's mostly a business decision in that it is in the interest of Bitmain that BCH regains some traction. So not necessarily a declaration of war against BTC, but definitely a statement of support for BCH, possibly due to having a major stake in BCH... Another thought, maybe he loves BCC very much.  ...or because of that. Yeah, I'll go with that explanation. I guess he likes big blocks and he can not lie? |
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I am newbie in this forum that's why i have facing many problems to find out ANN thread link.
please help me someone.
ANN thread for what? Signature campaigns get posted under Economy > Marketplace > Services, but you'll need to rank up first before being able to participate in any campaigns: https://bitcointalk.org/index.php?board=52.0Airdrops and alt coin announcements can be found under Alternate Cryptocurrencies > Announcements: https://bitcointalk.org/index.php?board=159.0If you're looking for airdrops specifically there's also this very useful website: https://airdropalert.com/ |
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Retaining anonymity on the BTC blockchain is a non-trivial matter, especially if you're a person of interest such as politicians may be.
Either way BTC is more transparent than traditional banks will ever be. With traditional banks you have to trust auditors. With BTC the public can audit themselves. No special treatment for government agencies trying to find specific individuals, everyone's on a level playing field. That alone is in my opinion already a winning argument for BTC over traditional banking.
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