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I bought some lotteries last week for christmas, and of course, I had the bad luck of not getting a single ticket and I bought like 10 different numbers. Last year I got lucky and won a small 3 figure prize and only bought 3 tickets, this year I get 0 after spending money on 10... that's life.
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Reading this post by theymos: The list of signers contains the people responsible for the vast majority of work on Bitcoin Core in recent times (as well as several notable non-Core-devs), so it seems that this is Bitcoin Core's final word for now on the scaling issue.
Very soon libsecp256k1 will be used for verification, which speeds up initial sync time by 400%-700% and reduces CPU load for all full nodes.
A segregated witness softfork will be done ASAP (within 3-6 months, probably). This will at least double the effective transaction capacity (ie. it is equal to or better than BIP 102), and at the same time it will provide features important for safely scaling even more in the future.
There will not be any hardfork for at least the next ~year.
To pave the way for scalable hardfork max block size increases (which will eventually be necessary), and because it is already dearly needed, improved block/tx broadcasting technology such as weak blocks and IBLT will be implemented, hopefully soon after SegWit.
The BIPs necessary for efficient deployment of Lightning are already in the pipeline and should be rolled out in 2016. Lightning will allow for almost all of the security, features, and decentralization of Bitcoin transactions while drastically reducing the number of on-blockchain transactions that each individual will need to perform. This is expected to be the real eventual solution to scaling.
It says that libsecp256k1 will speed up initial sync by a ton which is great, I can't wait personally to be able to fire up Core faster since right now it's a bit frustrating, but he says "very soon". I don't understand if it means very soon as when 0.12 is released or soon after 0.12. Thanks for replies |
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I got in at around 400 USD, they told me I was insane, well, I didn't hear their short term stupid view of things and kept buying, I was able to buy a lot of times during the 2XX's period too, now im in green numbers while the people without annoying coins that criticized me and Bitcoin are mad at me.
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I got excited thinking it was released already when I saw the thread... I just can't wait to try out the new client which they say loads 700% times faster due libsecp256k1. Man it's just a pain in the ass to open core right now for me, but when it gets released I will use it daily.
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I wouldn't say fixated, most people are still clueless, but people is slowing waking up to the fact that if you are not involved in BTC in some way or another you are ahead of the pack and increasingly irrelevant, so I do expect 2016 to be the year where more and more people get directly involved as in owning some of it, spending, and investing in VC.
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House will never cheating us, only the owner can cheating us.
Also most of people if see the house win over and over again they usually call it cheated, what a childish.
The good thing about Bitcoin is you can audit the code they use for the gambling system as far as I know, everything is public, this is not possible with conventional gambling. To my knowledge, I have never been cheated by the house, even if sometimes I think im getting cheated on its just probably frustration. |
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I am never going to gamble again. I never win, I just hate it, god damn it!
Screw all those casinos, they all become rich because people play and lose their coins. It is imposible to win from the house. I suggest everyone to stop because it is bad!
Dude just treat gambling as if it was a game, don't try to take it serious because it will drive you insane. It's fun and exciting to test your luck once in a while, there is something magic about that, but you have to control how much you get into that state of mind because if you start you may not be able to stop. Just do it for fun and do it once or twice a week and don't bet stupid amounts of money and you should be good. |
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Welcome to the volatility of the current day bitcoin. You've been around long enough to know this is pretty normal OP  Yup, but I'm looking forward to buying at 350 Wrong move mate. If you sold and you are trying to short, I would advice to save losses since I don't see a single possibility of seeing 350 in 48 hours (now less hours since you posted this thread). We are already back to 440.. |
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i hold all my money in bank though i have some in my blockchain wallet either
Yeah, we use both bitcoin wallet and bank. We keep our bitcoin in bitcoin wallet after we change bitcoin to our currency then we keep it in bank. It is especially for me. I don't know if you not do that Bitcoin has a fluctuating price, and it is highly volatile, so I would prefer bank. Sometimes I can invest into bitcoin, and make some profit from my investment money, just because of Bitcoin's volatile nature. The fluctuation is a problem to some people and an advantage to some other people. With Bitcoin it's too much of a risk to rely on the private keys being held by someone else. I would say that even if it's fully regulated, you never know when the goverment is going to tell banks to start getting money ouf of the people's accounts for some bullshit reason which they can pass in congress as we've seen before. |
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wow! this actually worked and the guy got 12 bitcoin? unfortunately like the africa embassador scam it seems
ridiculous but as long as it works on some morons they will continue to do it.
WE are only going to see more and more of those "african prince of niggeria" type of scam, so get your spam folders ready because in the next years it will be the most used method to try to scam the most uninformed people out there as Bitcoin gets bigger and scammers worldwide take advantage of it. I just hope education will rise as well within the usage of BTC |
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I would love to see this implemented in a fighting arcade game like street fighter, that would be rad, 1v1 and people can spect the fight. And some other 4 player based arcade games like the micro-machine games were great fun as a kid, it would be nice to play online betting real money.
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If you don't like what you see then run nodes of the fork you like and convince others to do so. Personally I think the current team is better than the "Benevolent dictator" Gavincoin fork but each to its own man, just run whatever node you want.
Lets not forget anyone can propose code in github as well.
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Deprecation of fiat is expected over time de its inflationary nature. The $10.000 of today, will not be the $10.000 of tomorrow. The million dollar question is, in the future, once BTC reaches $10.000, what will be its actual purchasing power? when people say $10.000 they mean the $10.000 of today, not the $10.000 of 2020.
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Oil is over. The supply never stops getting bigger, they always discover new places, this is not even the problem. The thing is, more efficient sources of energy will deprecate this asset. Governments will be forced to start strict anti gas cars and push a more clean and environmental friendly agenda if they don't want everyone dead in a couple of decades.
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no
Why not? If you store 100BTC, next year you've got 110 BTC. I know BTC is decentralized but holding your coins on your local wallet or exchange doesn't grow your amount. Because it's suicidal... what guarantees that the bank will be there next year to give your money back? Even if it was perfectly regulated, consider the fact that governments are free to take money out of the banks to deal with their bullshit. I think to consider this at this point is to not have learned the lesson yet. |
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As long as Coinbase keeps covering the fees for the smallest transactions, I am fine with what you suggest  . Now talking seriously, I do not know if really low fees has never been among the priorities of Bitcoin, but it has at least attracted plenty of users (including myself). If that is not true, at least start by fixing Wikipedia's article on Bitcoin: Bitcoin as a form of payment for products and services has grown, and merchants have an incentive to accept it because fees are lower than the 2–3% typically imposed by credit card processors. Unlike credit cards, any fees are paid by the purchaser, not the vendor Why not better limit the number of (micro) transactions per day/week/whatever from a given wallet?, would that be centralization? In my opinion, (minimum) fees should be proportional to the amount sent, that would be fairer (proportional like in really proportional, not like in taxes where the percentage increases notably for higher amounts). The blockchain shouldn't be filled with spam thats why I like the Lightning Network idea. I wish we could scale to VISA levels all transactions on-blockchains but that's unrealistic. Fees will have to go up eventually. Of course fees will always need to be the cheapest of all money transfer systems otherwise a big incentive to use BTC is lost. |
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You didn't set a high goal; 500$ could be just around the corner. We were at 450 just recently, and after the dip, we have returned there, so 500 could
happen any day now. Given the fact that people tend to spend much more on xmass season, i would say that we will pass 500$ easy, maybe even reach 650-700 in Jan next year.
cheers
Yes, I purposely did so, to try to guarantee that it happens to be honest, but it's clear that we could be at 700 by Jan, im talking about as much near to 25 Dec as possible. |
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I have seen some people, including experts or even I think some of the core devs, refeer to Bitcoin's OP_LOCKTIMEVERIFY feature as OP_HODL. Does OP_HODL actually work within the code and does the same thing, does a different thing, or they are talking about OP_LOCKTIMEVERIFY in a funny way? I was just confused to see devs using OP_HODL.
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The best is to guarantee that even if you lose all of your Bet, your main stack of BTC will not suffer a strong loss. I think OP_LOCKTIMEVERIFY funtion will be great for gambler addicts. Just lock your coins until the next week so you can't withdraw from your wallet until 7 pass pass so you can calm down before you do something stupid |
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I have to bring the attention to the original poster. You have to love people who are looking for honest answers when it comes to BTC and such then when they get an answer they do not like, they disappear. This user has not been active since around the 27th of August, just days after he made this post. I am guessing he was just looking for the fast BTC, which does not exist!!
Correct. He didnt find the answer that he have been looking for. I hope he did find a good job though that needs a fast earner. Everything that was taken fast will also be lost fast. The million dollar question right. "How do I get money quick, a lot of it, and fast"? For some reason, when you talk about Bitcoin to complete newbies, they think it's some sort of magic internet money where value gets created out of nowhere, possibly because of the stories they may have heard bout the super early adopters, so that's all they can see, they want to be these guys too, and if they can't, they get pissed off and leave. |
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