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3101  Bitcoin / Bitcoin Discussion / Re: How can we stop bitcoin scammers? on: November 01, 2020, 11:27:57 PM
A quiz from the community or the forum would go some way imo but you're probably going to still see attacks by scammer as they'll just adapt to the new climate as it changes...

There was a similar thing done for scam icos but howeycoins came quite late and I think a lot of those scams had already been successful.
3102  Bitcoin / Bitcoin Discussion / Re: Did You Face any Problem with BTC Confirmation? on: November 01, 2020, 11:24:20 PM
If you don't need a fast conf you're probably better off waiting if you can... If you've sent 100+sat per byte fee I'd imagine it'll get confirmed within a week (but the only experience I have at the moment is a transaction with a 1 sat per byte fee not being confirmed but I don't really want to pay any higher and for others too when it's not a high priority).

If you do need it fast and you're using a good wallet app, you should be able to rbf as stated above.
3103  Bitcoin / Legal / Re: Money laundering via BTC on: November 01, 2020, 08:12:15 PM
That depends, I thought blood diamonds were still a thing also for storing wealth this way along with a bunch of other systems.

Bitcoin is worth very little compared to the diamond and gold industry and you can already get quite large amounts of cash across the border fairly easily afaik.
3104  Other / Meta / Re: Does the "defi" scam shit belong in Altcoin ANNs? on: November 01, 2020, 03:06:54 PM
Afaik there should be a hard definition here:

A coin is something with it's own blockchain, it could be integrated with other blockchain but ultimately should be described as having it's own chain, network and nodes.

A token is a contract (or similar) of another coin. An ethereum erc20 coin for example has an ethereum contract at its root and thus is a token.

The only time I can see there should be argument is if the original coin gains a new system on its base implementation. Other than that it's a token.

If this hard line isn't being followed, I don't actually see why there's a board for each.
3105  Economy / Economics / Re: What are they hiding from us? on: November 01, 2020, 02:21:55 PM
The question should be what are they talking about inflation at 1%, are they expecting us to hallucinating some magical number out of the dust,  and eventually everything, EVERYTHING, that’s include rent, house price, land price, tax rate, food price, loan rate, land price, everything price on everything 1%!!!

It's an average increase... Not everything goes up by a stable amount or at the same time.

For example https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/l55o/mm23 uses a indice to track how much the average retail cost reflects on consumers afaik.
3106  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed BTC transaction not completed on: November 01, 2020, 02:13:18 PM
If you can't share the txid here for privacy reasons are you able to contact the people you tried to withdraw the funds from?

They might just have to put it though again and will probably be able to help since the funds should still be with them
3107  Bitcoin / Electrum / Re: Electrum URI on: November 01, 2020, 02:08:05 PM
I thought it was

Code:
address, amount
address, amount

In the send box, not sure if you have to enable anything tjough but I'd assume it works fresh like that...
3108  Economy / Economics / Re: What are they hiding from us? on: November 01, 2020, 02:05:39 PM
Which inflation are we talking about?

There's inflation based on the cost of living and inflation based on the value a currency rises.

Both are generally tried to be kept at 1.5-2% in the UK, us and Europe to promote some stable growth... I think there's also additional growth not factored into this which is given as loans from a central bank to commercial/socialised banks.

When a recession hits, governments normally inject up to 20% of the monetary supply in either loans or new money. Sometimes this is taken back and sometimes it's left as is. And for example in the UK I think the two main parties that seem to be elected do things slightly different afaik: the Conservative groups like to print money and the labour/pro union groups like to borrow it (not sure if this is the same anywhere else though).
3109  Economy / Economics / Re: Second lockdown in Europe can their economy survive this?. on: November 01, 2020, 11:13:00 AM
Even if Europe stopped being as industrial, I think we're still within out means agriculture wise...

But I think it's the third lockdown now too? Germany has 4 weeks, o think England will be getting the same and Wales went into lockdown 2 weeks ago (our cases aren't as bad as the rest I think we're trying to irradiation if we can or a very low number of cases).
3110  Economy / Economics / Re: Why the duck is btc at 13.526,98 USD ? on: October 31, 2020, 12:40:16 AM
Did Warren buffet ever speel negatively about bitcoin?

Also those authors need money from somewhere so they might not have done well themselves. I feel people recommend financial books just so others get used to reading quite a bit... For the authors that do manage passive income - or anyone for that matter - they did it in a safe(ish) reproducible way. Investing in bitcoin is like going to a company in silicon valley, listening to a talk and deciding to provide capital - both are similarly risky and if you say the likelihood of bitcoin of other currencies being suggested to you is similar then you might well be drawn in the wrong direction...

Bitcoin's still a speculative asset though.
3111  Economy / Services / Re: Transaction has not been confirmed for 7 days on: October 30, 2020, 11:12:07 PM
It looks to only be 26 sats per byte afaik which is probably why it hasn't been confirmed yet. It'll probably need around 100 sats per byte for a confirmation within a week imo.
3112  Economy / Economics / Potentially more nodes in Germany than the whole US? on: October 30, 2020, 09:48:19 PM
I checked bitnodes a few days ago https://bitnodes.io/ and it looks like Germany have more nodes than the US does? Does this mean Europe are moving to adoption faster and the US is going to have to try to find a way to keep up?

There does look to be a problem in working out where some nodes are, potentially those using tor services and those using IP addresses shared between territories or not registered with a territory.
3113  Bitcoin / Bitcoin Discussion / Re: Blockchain losses over $13.6 billion due to hacker attacks on: October 30, 2020, 09:04:36 PM
Is the $13.6bn based on current time or the time. The coins were stolen? I think a lot of funds were lost in the mtgox "hack" and the binance "hack".

Most exchanges have been hit with hacks of currencies by now so I don't think it's surprising do many have been stolen..

(PS also the current title makes it look like blockchain.com and not the blockchain industry).
3114  Bitcoin / Bitcoin Discussion / Re: [Tutorial] Making your crypto inheritible on: October 30, 2020, 08:50:52 PM
I have a question where will the created transaction be stored? Can I be 100% sure that it will not be removed from the mempool in 20 years?
You store it locally. It is impossible to place a transaction into mempool before the time specified in nLocktime.

Yeah you'd have tobroadcast it when you want to spend it. You could store a piece of paper with a qr code of the transaction and private key it spends to if you wanted to gift it to a relative to use at some point.

As long as there isn't a non backwards compatible hard fork that invalidates the transaction then it should still be valid...
3115  Economy / Economics / Re: usdc good coin ready to become the new digital dollar on: October 30, 2020, 08:47:11 PM
Don't they allow you to redeem usdc also for dollars? I think I saw they had a billion minted and about half had been withdrawn for fiat which looked like a good PoC...

I prefer it to usdt but I'm not sure about it compared with dai - also coinbase prefers usdc
3116  Other / Politics & Society / Re: Huawei and China on: October 30, 2020, 06:55:53 PM
Why not decentralized cryptocurrencies like bitcoin Huawei should support because companies supposedly not to be bias,

Lol at the not biased part. Lol!
You know that Huawey started a serious company years after it was founded mainly on contracts with the army, then building upon credits from the national bank and even to this moment nobody knows for sure who owns what shares in it, with most considering the CCP being the true and only owner.
Biased? No, it's not a biased company it's a company that has can have only one purpose and no point of view, and that is decided by the CCP.

Also the US make chips? I thought it was mainly the UK and Japan still...

You mean as an American company or by location where those chips are produced?
It's still Intel and Qualcomm and Nvidia, and anyhow the leader manufacturers is TMSC which is Taiwanese.
Btw, since you mentioned the UK, if you're referring to ARM they are only designing, they don't manufacture.


A lot of tech companies are sponsored by the state. Afaik tesla got a $500k grant from the US government at some point... Most universities/colleges in Europe are publicly owned and in some form of state sponsorship too.

And I meant any involvement whatsoever, I thought nvifia had been sold to Japan I suppose it could still have a cross border relationship with the US...
3117  Other / Politics & Society / Re: Huawei and China on: October 30, 2020, 06:05:52 PM
Isn't it kinda normal for a company to be sponsored by a government to provide something? China, the EU and the US all want to be able to control the Internet. Also the US make chips? I thought it was mainly the UK and Japan still...

Also no one's paying for crypto adoption and it probably wouldn't be hard for someone to add this feature to bitcoin, especially on the light Ing network it'd just use nfc like tap (contactless).
3118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: During Bitcoin Block Halving Cryptocurrency Prices are expected to be.. on: October 30, 2020, 04:07:49 PM
"Past performance is no guarantee of future results".

Don't really expect prices of some altcoins(in BTC) to be the same this year. While I don't think coins like Ether(ETH) should be priced at $379 or BTC0.0285, to be fair, Ethereum had a really really small community back then and now has a far bigger one.

Yeah eth grew extremely rapidly and probably saw a pullback mainly due to transaction fee pricing imo. I think I paid $20 for a tx to be rejected on that network. Such throughput isn't very good...

And yeah btc adoption looks to be going up atm but that might change if btc gets another 86% crash next year or the year after.
3119  Bitcoin / Electrum / Re: Electrum mobile wallet needs to give us more control over our fees on: October 30, 2020, 01:31:38 PM

Quick question though, assuming I executed the transaction I highlighted above using this fees option (what would had been the estimated fees, I would had probably paid?).

How fast did you want the transaction to confirm?

I'd suggest within 25 blocks atm you're looking at anywhere between 100 sat per byte and 200 sats per byte at current because the network is so clogged atm. (but this is a bit of a guesstimate on my part).
3120  Other / Politics & Society / Re: New Bad News: Are muslims trying to start a crusade ? on: October 29, 2020, 06:20:05 PM
Probably easier said then done when it comes to counseling and such. You'll require a lot of resources and planning to ensure that every single refugee in the country is given the resources that they may need. Plus like - I'd assume that the Europeans may not be happy to see more of their tax dollars go towards people that aren't them.

Most countries have some sort of mental illness problem, focusing all efforts on a small subset of people probably isn't too popular with the taxpayers.

But if these countries want to reap the benefits of more people being apart of their economy, they're going to need to put in the work to ensure that they're adjusting to life. That also assumes that the people want to adjust to what western life consists of.

Yeah I tried to rephrase a little as a wrote it to not directly say counselling was the only option. A small amount of decompression in a field or something picking fruit or a similar task around volunteers from the country that brought them, volunteer refugees and the new refugees that arrive. Even if just for an hour or two would probably do something to relax them and help them intermingle. I don't know if mentorships are a thing over there but they seem like something that would be cheap enough to manage.

You can't fix mental health problems of natives in western countries tbh they're going to continue to relapse and that's why it's a problem (the main issue is the lack of research imo and a lot of mental health practices rely on outdated procedures from the 80s at best and 50s at worst - drug therapy reminds me of Turing too much).
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