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361  Economy / Speculation / Re: What Causes Bitcoin & Other Crypto Currency Massive Sell Off's? on: November 21, 2018, 04:42:48 AM
there is a lot of drama with bitcoin because of an altcoin called BCash. that drama and FUD that came with it has been causing a lot of panic in bitcoin and the market makers have been using this opportunity to short bitcoin and make profit in the chaos.

just like always when bitcoin drops, altcoins get dumped hard and whenever an altcoin dump starts the mass panic in altcoin market begins specially since now with this recent dumps many bag holders entered >90-95% loss so they are now giving up and dumping their bags so the alt crashes become a lot bigger because of it. the altcoins still being in bubbles of their own doesn't help the situation either.

Why should a shitcoin influence the Bitcoin price  Huh
362  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency Exchange on Brazil Hacked on: November 21, 2018, 04:40:42 AM
Not your keys, not your Bitcoins, porra.
363  Economy / Speculation / Re: Bitcoin prices are currently fluctuating very low! This is a strange thing. on: November 15, 2018, 04:17:46 PM
How do you like the fluctuation now?
364  Alternate cryptocurrencies / Mining (Altcoins) / Re: BCH Hashrate Lost Nearly 35%, Now Reading 3.79 Eh/s on: November 15, 2018, 12:23:59 PM
Find the Altcoin thread and put this topic there.
365  Bitcoin / Bitcoin Discussion / Re: Satoshi is a real asshole on: November 15, 2018, 12:22:03 PM
When Satoshi was a cool mystery person we all loved him.  Now that we see the real person - who would believe he would be such a complete asshole that is going to ruin Bitcoin Cash with a 51% attack. 

Craig Wright is a real asshole. Fuck off Satoshi.  I hate Satoshi now.

I am happy that you didn't put 'Craig Wright' together with 'Satoshi Nakamoto' in one sentence. Oooops.....
366  Economy / Speculation / Re: Bitcoin price prediction 2018 on: November 15, 2018, 08:45:08 AM
3500 - 15000

We are near my last years prediction at the lower end.  Grin
Tips: 1AGDipJx6VYf6xNHtEhrEsjGTQ9Uerg39z
367  Bitcoin / Development & Technical Discussion / Re: Is Blockchain a new technology or just a method of data storing? on: November 14, 2018, 12:48:24 PM
Blockchain is just a word. It means nothing.
https://en.wikipedia.org/wiki/Hash_chain
http://www.hashcash.org/hashcash.pdf

from Satoshis white paper https://bitcoin.org/bitcoin.pdf

Quote
We define an electronic coin as a chain of digital signatures.  Each owner transfers the coin to the
next by digitally signing a hash of the previous transaction and the public key of the next owner
and adding these to the end of the coin.  A payee can verify the signatures to verify the chain of
ownership.
...
To  accomplish   this   without   a   trusted   party,   transactions   must   be
publicly announced [1], and we need a system for participants to agree on a single history of the
order in which they were received.  The payee needs proof that at the time of each transaction, the
majority of nodes agreed it was the first received.
...
The solution we propose begins with a timestamp server.  A timestamp server works by taking a
hash   of   a   block   of   items   to   be   timestamped   and   widely   publishing   the   hash,   such   as   in   a
newspaper or Usenet post [2-5].   The timestamp proves that the data must have existed at the
time, obviously, in order to get into the hash.  Each timestamp includes the previous timestamp in
its hash, forming a chain, with each additional timestamp reinforcing the ones before it.
...
To implement a distributed timestamp server on a peer-to-peer basis, we will need to use a proof-
of-work system  similar to Adam  Back's  Hashcash  [6],  rather than  newspaper  or  Usenet  posts.
The proof-of-work involves scanning for a value that when hashed, such as with SHA-256, the
hash begins with a number of zero bits.  The average work required is exponential in the number
of zero bits required and can be verified by executing a single hash.
For our timestamp network, we implement the proof-of-work by incrementing a nonce in the
block until a value is found that gives the block's hash the required zero bits.   Once the CPU
effort   has   been   expended   to   make   it   satisfy   the   proof-of-work,   the   block   cannot   be   changed
without  redoing  the   work.    As   later   blocks   are  chained   after  it,   the  work  to  change  the  block
would include redoing all the blocks after it.

To call this a 'blockchain' is pretty obvious in the end. The big thing is the combination of technologies, that Satoshi used to solve a problem. The 'blockchain' is just one part of the invention, which people nowadays use for any money database, no matter if public or not.
368  Alternate cryptocurrencies / Speculation (Altcoins) / Re: HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES? on: November 12, 2018, 12:39:50 PM
Take a few million dollars and pump the coin to any planet you like.

a few millions? haha. you seem to have never checked the volume that some of the shitcoins have when they get pumped! it is more like a few thousands.
not to mention that OP is mainly talking about profit making although it may not be obvious from the things he said. and making profit is so easy when it comes to pump and dumping shitcoins. there are  coins that get pumped >1000% with 0.1-1BTC. it may seem like a small amount of profit but you should know that this is happening on a daily basis on a couple of different shitcoins. so the aggregated profit is huge.

Your moon is not everybodies moon...  Grin
369  Alternate cryptocurrencies / Speculation (Altcoins) / Re: HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES? on: November 12, 2018, 12:38:42 PM
Take a few million dollars and pump the coin to any planet you like.

But he wants others to pump it, so he can dump it...

OP didn't say he wanted to dump the coin.

Quote
HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES?
Quote
What can we do to speed up cryptocurrencies in terms of price?

Dumping would surely lower the price, which is what OP don't want to happen, so buying a lot is a speedy solution to increase the price.
370  Bitcoin / Bitcoin Discussion / Re: Axiom of Resistance (Why Craig Wright is not Satoshi) on: November 12, 2018, 07:08:53 AM
Somebody told me, that Gavin confirmed Craig beeing Satoshi only to distract from the fact that he is Satoshi. See the meta game?
371  Alternate cryptocurrencies / Speculation (Altcoins) / Re: HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES? on: November 12, 2018, 06:19:53 AM
Take a few million dollars and pump the coin to any planet you like.
372  Bitcoin / Bitcoin Discussion / Re: Power consumption of Bitcoin mining on: November 10, 2018, 01:54:43 PM
If you count all Coca Colas, that have to be cooled down to 5 C at this moment, you will find out that it uses 10 times more energy than Bitcoin mining.
373  Bitcoin / Bitcoin Discussion / Re: Why don't miners coordinate their hashing power to brute force whale accounts? on: November 07, 2018, 05:47:04 PM
Theyr'e just guessing hashes all day anyway - isn't it better to get a 2k BTC reward than 12?

There is a huge difference in finding hashes with a certain number (defined by difficulty) of leading zeros and brute forcing a private key. First we see estimated every 10 minutes and second is practically impossible.
374  Bitcoin / Bitcoin Discussion / Re: Banks are maintaining dependence on: November 01, 2018, 08:29:30 AM
Does Trezor or the other hardware wallet manufactorers hold a similiar patent?
375  Economy / Speculation / Re: Bitcoin prices are currently fluctuating very low! This is a strange thing. on: October 28, 2018, 06:07:03 PM
Did happen already and it wasn't that strange to be honest.
376  Bitcoin / Bitcoin Discussion / Re: Blockchain or Banks: Which has a Better Security for Financial Transactions? on: October 21, 2018, 12:34:29 PM
All depends on which Blockchain you are talking about. If you mean the Bitcoin Blockchain, then yes, it has a lot more security. If you are talking about a small shitcoin with a shitty code, then a bank might be more secure.
377  Other / Off-topic / Re: Introducing the 310 BTC Bitcoin Challenge on: October 17, 2018, 06:32:06 AM
Why does it matter to you, what a random internet user thinks? Would you try to convince me of your opinion, if I say yes?

That's what this forum is all about.


OK. Then let's start. I 'still' think, this is some kind of a money laundering scheme. The guy(s) who got the 310BTC can easily say 'I won it' when beeing asked by his gov where the money came from. Maybe lottery/puzzle winnings are free of tax in the country of OP, while trading winnings are taxable for example. Or maybe OP has scammed/stolen money, which has to be turned into legal money.

This is way more possible, than 'a rich guy who wants to give 2 Mio $ to a guy who is at least as smart as himself'

378  Bitcoin / Bitcoin Discussion / Re: Now here's a guy really pissed at bitcoin/blockchain... on: October 17, 2018, 06:09:29 AM
Blockchain (wtf is this?) is only about greed (and fiat money is not?)

Hold on a second..... 'mother of all bubbles'Huh?

Sounds like Roubini and Rosa experienced some huge losses with their shitcoin investements.

Edit: .... and they have no idea how and why Bitcoin works.

379  Other / Off-topic / Re: What Makes Bitcoin So Special? on: October 17, 2018, 06:00:09 AM
lol@Frankie saying Bitcoin Core development is not decentralized, because there is only one github. Muhahahahahahaharrrararrarrrchchchcpfpfffffffpffff
380  Bitcoin / Bitcoin Discussion / Re: IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System on: October 15, 2018, 05:10:44 AM
Crypto' comes from the greek word 'Kryptós' which means 'hidden' or 'secret'. 'Crypto currency' is short for 'Cryptographic Currency' because of the cryptographic hash function used in Bitcoin code. When you guys say 'Crypto', it means 'Cryptograhy' instead of 'Crypto Currency'
So always when you use 'Crypto' for 'Crypto Currency' you show a lack of understanding.
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