If you understand the evolution of money and tulip investing, it all makes sense.
know the main reason is they fear for their pile of money other shit dont move there balls its also very simple to understand, they fear that paper money will lose value from the spike of crypto and adoption of it, they dont understand tech its simple yet the huge hate will not come from this , its come from fear maybe one day all there money will not worth as it worth today. They grew up in a world where money can be manipulated by governments and institutions, they fear a world where money cannot be manipulated anymore. This is the same reason they also oppose the Austrian School of economics, or a savings based economy based in a deflationary money like gold instead of a debts based economy where most of the money doesn't exist anywhere (fractional reserve banking). That, or like some other millionaire late comer, is planning to introduce his own altcoin... Either way his view is irrelevant. If it was simply fiat losing value, he could just buy crypto, and probably has already, despite speaking ills of it. Because they know they better diversify, and at some to his investments portfolio, just in case... |
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can u please tell me can i send a fake bitcoin transaction if its possible how it works ?
i am using this information for school project You can't because the other nodes will reject it. And there are so many of them... Which is why other altcoins with fewer nodes are more prone to fail. If you have ever heard of the 51% attack, it means you need to have more than half the nodes worldwide for them to validate your fake transaction. Again, Bitcoin having the most nodes than any other, is the strongest in this. A valid transaction needs to fit, its like trying a key in the wrong keyhole, the fake one won't ever fit. Furthermore, after that key fits, the next one goes connected to yours, which has to fit as well. They all form a chain... the famous blockchain. New transactions go on top of the chain, and all of them behind fit to each other. This also ensures they can never be altered, attempt to change one and the whole thing becomes invalid, and rejected by the nodes. So your transactions remain in there forever, and nobody can alter them afterwards (no erasing, covering tracks, or manipulating of any kind). |
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In my personal view I would start to say that we need the decentralized and centralised exchange for more and efficient way to communicate to the entire system. We all know the important of a decentralized exchanges and should not forget that the centralise exchange too play a significant role too. I would say let we keep it balance because we new needed the tow to work together.
you so fucking wrong its like saying we need balance between decentralized peer to peer file sharing with centralized sharing, maybe you dont know the difference .... because in everything that centralized everybody connect to the main servers without be depending on each other, which mean hackers can hack the main servers and have access to all the computers that connected to the main servers. you just uneducated and i know this by your answer, because in centralized exchange they can lock your funds and do with this whatever they want, compare to centralized exchange where everything is in your control, the nature it self decentralized mixed with distributed mechanism. the help you get the idea.... before peer to peer file sharing(decentralized tech) there was centralized tech which mean there are few main servers and all the computers download from this main servers without be depending on each other mp3,music,software,movies and other....yet this time the internet not was so developed and traffic which mean if the same centralized tech was exist today , this main servers need to be so fycking powerful to hold all this computers , and the security level need to be top notch because the right worm in the main servers and you have access to all this computers which download stuff.... do you get it, then peer to peer file sharing burn which called decentralized tech and here you dont have main servers , the servers are private computers , which mean for example, is a different way to distribute MP3,movies,software, files. Instead of storing this info on a central computer, the songs live on users' machines. its million times more harder for hackers to take control over this computers compare to centralized tech. and another reason peer to peer tech burn its because governments pretty fast locate main servers and shut them down while in peer to peer tech which mean decentralized , the governments need to shut down more then 500 million private computers. bitcoin its peer to peer money. now apply here all what you read and its the same with exchanges...and before you post read other answers as it already mention Indeed centralization is weakness, this also applies to those altcoins with few nodes and a large central authority with the power to even undo transactions, which is getting back to the fiat system that led the world to the economic cycles of bubbles and pops, making everyone get in debt, etc (all the Chicago dogma). With exchange it is the same thing. Unfortunately when the exchange is touching fiat, that belongs a central authority, and its that authority that enforces its rules. For pure crypto coin exchanging you can do decentralized exchanging already. This take us back to the main issue, which is why people isn't getting paid and pay other with crypto. The only way to cut dependency on fiat is to stop using it altogether. Exchanges exist because people insist in exchanging fiat to and from crypto. |
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Well, sounds good but definitely, they only intended for promotion not accepting Bitcoins or other cryptocurrencies. Well, maybe people asking now how come that cafe looks like there are many logos on crypto but the whole concept they did not accept bitcoin/cryptocurrency as a payment. Indeed, that was good since OP says it is illegal to their place to use bitcoin and through that cafe still there is the presence of cryptocurrency even their government prohibited on it.
For promotions it will help awareness but how can they attract when the government is against the sage of this system, it's not making sense not unless they have something behind this promotions, not really care about anything but just to help reaching people around the place to learned and be attracted inside crypto. It may work if they play the educational role seriously, as giving small tidbits about the whole thing, in coasters the tables, signs, video screens, etc; to let the public know. Eventually politicians will attend the cafe to find out, and perhaps later turn the anti bitcoin stance. Perhaps a map somewhere: Did you know? Showing in green the countries where its legal (ie. the wikipedia legality map). "Petition your politician today" with their mail addresses, etc. |
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What are your thoughts on this?
You are right and You just pointed out a Major Flaw in Bitcoin. But all you will get back from the community is nonsense that Bitcoin is most secure due to it's energy waste, which we both know is incorrect , as a few pool operators could double-spend on a whim, regardless of energy expended. Good Luck , but don't be surprised when the bitcoin maximalist all deny the reality in front of them.  What you fail to see is how the market forces will fix this issue on their own. While bitcoin value may keep climbing, bitcoin mining is doomed to become unprofitable, and the largest operations are the first ones to close. Asic efficiency plays an important role to this, more and more hashrate makes it harder for everyone to continue, starting with the countries with the most expensive electricity. But some years down the road, both factors will play against bitcoin mining, especially large operations. See, soon only 100TH Asic miners will be worth running, perhaps at 7nm or 4nm, those might eat a quarter less electricity than the earlier offerings but that's still a lot of power for ever diminishing returns. What you saw last year, people quitting at 3k bitcoin prices, will repeat again. People will find it impossible to mine at 6k or even 9k price which will return to at some point, and then back to profitability a little more, but every time less and less until its no longer profitable to mine with electricity price above 1¢ the kw/h. A miner who fails to see this and keeps expanding like crazy instead of diversifying into different income sources or thinking in shrinking operations and going renewable energy (now when they can), are going to get hit hard. I can imagine some Chinese and Russians getting burned by this... This is going to return to hobby miners, like those who don't mind wasting money running a few miners, or those miners who invested in renewable energy sources now when it was still profitable, instead of burning all their money in more miners or other energy wasting ideas (everytime you expand, you need to spend more and more in infrastructure and climate control). You see, its like the Austrian school of economics. The best thing you can do, is do nothing. Don't intervene. |
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Is there anything special about this "Bitcoin Cafe" anyway? Besides just having bitcoin-related wall designs? They should've at least put up a television that displays live cryptocurrency prices, or maybe play CNBC Crypto videos or something.
The owner better know about bitcoin, I have had talked with him for hours. He is an expert man in tech. I don't know if he own. He said he don't. The whole cafe was designed with various cryptographic design, I guess it will make visitor learn about cryptocurrency. I am sure most of them ask what that means, why the design are like this etc. They will somehow know that there's something existed namely cryptocurrency, bitcoin. Isn't it much for us? At the end, when bitcoin will be legal, I guess they all will be more interested.
What if other business establishments name themselves after cryptocurrencies? Bitcoin Laundry Shop, or Ethereum Shopping Center, or perhaps Waves Outdoor Shop. Do you think this will hasten the legalization of crypto in your country?
Is Libra a good cryptocurrency? No. But still it will help cryptocurrency go more mainstream and increase the adoption. I'm sure it will increase the crypto adoption. In the same way, this type of name can play as great role to promote. People will search with the word in google and will get what it is. Isn't it a good way? Why don't you ask him if he is willing to accept bitcoin if the government legalizes it? He is probably saying no to you to avoid getting in trouble. Libra isn't going to go beyond the US if at all. I see zero reason for anyone to bother with it. Zuckerberg behind it is reason enough for me to stay away from it. I would say he is unfairly profiting from the Bitcoin brand, even if you see it as some kind of pacific protest. |
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after I saw the video about a little difference from these two types of crypto.
Libra :
1. dollar digital
2. using Whatsapp
3. transactions of goods and services are more priority on facebook
4. verification by consortium members.
Bitcoin:
1. digital gold
2. without special short message applications
3. without a third party verification process.
and if you all have other analysis, please share your knowledge here about Libra and Bitcoin.
I will prepare capital to buy Libra in 2020.
Digital dollar would be one the many dollar pegged altcoins, such as Tether. Libra is "backed" by a group of fiat coins, not just USD, so digital dollar it isn't. Maybe digital "something" resembling that group of coins if there was one (if you believe their promise, which i don't). Whatsapp is garbage, who cares? Even Telegram has a higher chance with their coin, or Line in Japan; KakaoTalk in Korea, Wechat in China. Worldwide whatsapp is lagging behind many others. Wechat alone probably has the most users worldwide anyway, even if we never use it here. So Facebook wants to become ebay? Good luck... I doubt it has anything to do with what it was intended for. Consortium members?, the two or three guys willing to spend 12million to run a node?... I wonder how many will even bother. Few nodes, means weak, weak means it will go down often, and if the code is subpar (which probably is) even worse things may happen. I expect hacking and reversals, giant no-no. Finally its an US company, subject to US laws, including the infamous NSA. That's assuming he can somehow overcome congress opposition to it. |
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Chain 1 looks good.
Chain 2 and 3, you could try lowering the speed a little if you are not satisfied with chip/ideal rate or up the voltage a notch if you don't mind getting them hotter, tho 83°C and fans already maxed is looking a bit too much in the too hot side, but under 90°C is still safe i guess, don't let them touch that temp.
When you used Bitmain's, you probably saw a board at around 602ish and another at like 590ish, that should give you a hint.
I don't have experience with T1s, apparently it works fine with G19s and G29s, but i have seen people occasionally having issues with the 256mb ram controllers.
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They go in /etc/cgminer.conf using cgminer.conf formatting style, something like: {(the_rest_of_the_options),"min-fans":"1","fan-hot-temp":"70","fan-dangerous-temp":"90"}Don't forget to restart cgminer with /etc/init.d/cgminer reload |
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Infinite in many ways (dimensions) finite in others (time), but maybe it is impossible to measure, from within this confine, or "plane of existence".
If you bring God you have to bring life after death, and if you bring that you have to bring life before being born. Where do we come from, and where do we go. I'd rather pick the agnosticism route, as its less arrogant than atheism, which by definition demands faith into not believing something you might never be able to grasp in the first place...
And, if time started at big bang, what was there before it?
Physics... where the fun starts.
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Do you guys have any recommendations for a secured free vpn for tor?
I heard about protonVPN and Dashlane apparently being the best VPNs out there? If you use Tor, you don't need a VPN. If you want to make your own VPN via tor, because you understand what it really is for, you are setting it up yourself in your own server, there are plenty of free open source software to do it (such as Wireguard). Tor is not a browser, but sadly that's what they are making it look like lately, when they forked Firefox and bundled Tor with it, this was formerly called the Tor Browser which isn't the same as Tor itself. |
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I have tried it with the middle board disconnected and it won't run with the Braiins. Well it does but just gets too hot!
It ran with two boards on Antminer Firmware.
You can (should) downclock the boards. If you used Bitmain firmware, you should remember the speed they had in Mhz, then use a speed close to that and lower voltages until you can see ideal and actual rate match, then go back up. Ie. If 600 Mhz 8.7v, lower to 8.6, 8.5, then back up to 8.6. Etc. (Ignore what Braiins says for auto voltage). Always seek the lowest voltage you can get while still getting good results (actual and ideal speed match, few or no hw errors). You can also force the fans, so make sure you check that as well. You can also tweak the target speed (ie 70°C rather than 75°C). Remember that these parameters are not identical to Bitmain's, find your own sweet spot. |
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But why just look at the M20S when its smaller brother the M20 has the same efficiency?
M20S = 68T 3260W (48T/W)
M20 = 45T 2160W (48T/W)
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You have to use password manager to generate a decent password for your miners. Not bothering to change the default password is asking for trouble, you think a little nat and firewall will protect you, but you neglected that windows computer that got a malware and scanned your network for asic miners... Number one problem with security is people habits... That's what they exploit most. If you use a password manager, you only have to remember only one (good) password, and yet have everything with a different passwords... Try KeepassXC. Of course there is more, but lets start with the basics. |
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Scared? Let him sell. Price will go down a bit, other people will take the chance and buy it all back. You people should know better how markets work, especially with bitcoin. It isn't easy to manipulate as the other little altcoins out there.
Potential trading profit if you catch it...
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Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term? How about both? Ever heard the phrase, "Don't put all your eggs in the same basket"? I'm sure in the long run bitcoin is better, but still you have to take rational action, not emotional. And, bitcoin can be lent for even further profit. But always diversify your investing portfolio. Some people don't have discipline, if you invest in bitcoin now at 12k and it falls back to 6k, you have to wait, however long it takes, to return back to 12k. That can be months, years or decades. So as long as you explain them clearly what they are getting into, and that the invested money might not be available when they want it, then sure. |
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Get Tails OS, boot it from usb/dvd whatever in random pc. Install Electrum, ensure its properly connected via TOR. Transact away, shutoff computer = all traces are gone.
Yes, seriously. All you need is some spv wallet that can use tor, and never reuse an address, and you are done.
You can do the same on android with android's tor, called orbot. Connect your Electrum wallet to orbot the same way you do in a pc.
Tor is freedom, thank the US Navy for wanting secure communications to their operatives behind enemy lines, and sharing it as free open source software.
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Recently, the House of Representatives of United States of America-Committee on Financial Services sent a letter to Facebook founder, Mark Zuckerberg with regard to the proposed cryptocurrency namely as Libra and its proposed wallet, Calibra.
What do you think guys? Does Facebook proposed cryptocurrency really threatens the Government's monopoly on the money supply? Yes, that is the whole point of crypto. But it won't be Libra, it is too weak and badly designed and will be defeated. Bitcoin, truly decentralized, immutable, community maintained, came to this world to put an end to governments and financial institutions from manipulating people's money, or as Antopoulos said: separate Currency from State, the same way Religion and State are now separate in modern countries. Zuckerberg came too late to the game and in his ignorance removed all the advantages of crypto to restore several disadvantages from fiat. For this reason its going to fail, hard. And having FB, IG and TW behind it won't save it either, but will be fun to start the cryptocoin discussions and people will inevitable find their way here, where it all started... Yes, I expect ignorant Zuckerberg to read this forum to find out why he is failing, he should have adopted Bitcoin instead of attacking it. OR if making (yet another) altcoin, make it as close to Bitcoin as possible, not go the other direction which ensures his failure. But some people just need to lose half or more of their fortune to get it, just ask those other millionaires who tried to fork bitcoin on their
brilliant ideas alone... According to some US law you can't make your own money, and that is that. He should have seen it coming from miles away... |
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The main response people give me is that the technology doesn't exist to make a fully functional DEX, that atomic swap are too slow. It was never true and now that Ren VM has a prototype for running decentralized server functions to process the functions of the exchange it definitely isn't true. If bitcoin can use hash to verfiy the network, then hashing power can be used to run distributed servers and virtual machines as a virtual network, along with atomic swaps and regular distributed liquidity pools.
Centralized exchanges are quite literally evil. They are a failure point for cryptocurrency. If everyone has to do KYC and store their funds with state and corporate servers and give away their financial information to a financial system that is already responsible for predatory finance capitalism, then the very purpose of bitcoin has failed.
Without a working exchange that is immutable you do not have immutable money.
If the *exchange* is not immutable, then your *money* is not immutable.
Start building immutable exchange software, and for the love of god don't put your name or address on it. Do what Satoshi did.
Technology DOES exist, it only needs to be fixed so it can be used in more countries (their bundled tor has problems in countries with tor banned): Exchange, Decentralized.Bisq is an open-source, peer-to-peer application that allows you to buy and sell cryptocurrencies in exchange for national currencies. No registration required. FeaturesNo Identity VerificationInstantly Accessible. No need for registration or approval from a central authority. DecentralizedTrading takes place on a global P2P network of users running Bisq on their own machines. SafeBisq never holds your funds. Security deposits and multisig trade wallets encourage safe, successful trades. PrivateNo one except trading partners exchange personally identifying data. All personal data is stored locally. OpenCode is open source, and project strategy is discussed openly on Slack and GitHub. Easy to UseWe've made all this sophistication simple— make your first trade in under 10 minutes! The Bisq DAODecentralized governance for a decentralized exchange. Learn more here. |
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What is the purpose of making comparisons between gold and cryptos?
Do you want people to stop using gold to buy cryptos? do not want people who use cryptos to buy gold? What is the purpose of this comparison? people can have both things without problems
no offense, were researching Max Keise's twitter? Why did not they do an interview with him instead of scouring his twitter?
You can watch Max Keiser everyday on Russia Today, and yes he is a perma-bull... I don't think people will stop buying gold, if anything its an alternative to diversify your portfolio. |
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