Well, two more weeks, and I could possible be Legendary rank. Knowing my luck, I'll probably have to wait and wait.  |
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because they want to use the best tool for censorship-proof value transfer in the world
If it was censorship proof you could just steal a bunch of bitcoins then simply dump them on Coinbase...but you can't. Anything that's not fungible is a permissioned ledger by default. I want to know where to purchase food directly with gold. I'm sure that if you had a gold coin, you could go to a neighbor, state "this is all I have and I'm hungry," and your neighbor is more than likely to let you help yourself. |
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jihan been making split threats , it could happen if his ego says fuk it ,fuk them. would be bad for bussiness but hes already rich. split wouldnt last that long if it happens , miners will go with the money chain obviously, but would suck for a bit . and they were ready to fork the chain if the user activated fork happened, but today the bu nodes were buggy , i dont think they can do that now. chain spliting is very very slim now. i think were going to get segwit eventually
Who is jihan? Co-founder of Bitmain. https://twitter.com/jihanwu?lang=en |
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question hashnest official, if the chain splits since antpool is bu, are u we going to be mining bu coins. the exhchanges already said they will treat it like an altcoin. i cant speak for everyone , i for one do not want to be mining shitcoins.
Bitmain won't answer you question here. However, BU will accept the chain that is the longest, I believe. If most of the hashpower is with 1K blocks and under, that's the chain Antpool will be on. I don't think most of these larger pools are going to dare mine blocks bigger than 1K until a vast majority of the hashpower is going for the bigger blocks. If they do, it would hurt their bottom line for sure. |
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its not gr8 at long term storage...
but if we are looking to preserve some value for a short time.
cash is king.
Not always...  right highly sought out rare unique items might be and excellent store of value. a bitcoin more like these stamps then it is gold. these stamps have a strictly limited supply. not so with gold. These stamps were from Germany in 1924. LOL. The are not rare or valuable at all. The point is they were going for 5000 to 500,000 marks, and then they had to cross that out and they were going for 2 million marks. I was refuting your claim that cash is king for the short term. That has not always been the case. |
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its not gr8 at long term storage...
but if we are looking to preserve some value for a short time.
cash is king.
Not always... |
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consider fiat's cost of production and the rate at which the FED prints it and INJECTS it into the economy... yet fiat is still a relatively stable store of value.
Fiat is not a relatively stable sore of value. Each and every year that passes by, a dollar buys less and less. I must admit, the inflation in the US has been ralatively low for quite a while. However, in the late 70s, this was not the case. As a child, it seemed every time that I went to the store, candy, pop and comic books cost 5 cents more. |
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The mods or admins for Bitcointalk do not get involved in being an arbitrator in transaction disputes. All you can really do is voice your accusation, and leave the offender negative trust. Unfortunately, "scamming" people is not really an offense that will get someone banned on bitcointalk. |
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The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more. Oh well, I lost when that whole deal went down. I was keeping the silver quarter that I bought in my pocket and accidentally used it to play Pac-Man. https://www.youtube.com/watch?v=5CsyGe4F8CQ |
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The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. The bankers changed the exchange rules on the Super Hunt Brothers on the fly and basically forced them to liquidate their positions, selling all of their silver instead of buying more. From what I understand, they were trying to corner the silver market using excessive leverage. The banks changed the rules out of the blue regarding margin, eventually forcing a margin call. So what have we learned? Welp, that's "regulation" for ya folks. And people really wanted this Bitcoin ETF thing to happen? Pfff. I think Bitcoin would be better off without "regulation".  |
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can't rig the system to allow our crooked wealthy elite overlords to corner the market and screw over the masses"
Except by just printing some fiat, buying a bunch of miners (which isn't decentralized), then keep parlaying the profits of those miners into infinity like every miner already does? PoW is mostly externalized proof of stake in practice. So the wealthy elite can't just print money and buy up all of what little Gold there is on the planet? Or hell, do they even need to prove that they actually bought it in the first place? The Hunt brother's tried to do that with the silver market and ended up getting their ass handed to them. |
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Winklevoss twins need to dump a "few" of their extra BTC all the way down to my bid, on GDAX. They might as well start dumping a little since they can't liquidate them through their EFT scheme. This train can't be stopped!
Who sold at the bottom?
I though my sell at 1165 was near the top. WRONG! |
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My life savings are in. Easy money  I'm the same like you, but I'm totally aganist saying that it's easy money. We are taking one of worest risks ever in our lives, I doubt we wilk take such risk again in our life. Just imagine if something happen to Bitcoin and whatever amount both of us have, whatever it's 50,100,1000 or more bitcoins and suddenly, they are ZERO or want the worest, seeing by your own eyes the value taking a leap of faith from an ATH to ZERO. And as you are aware, Bitcoin is backed with nothing, so no one will do us anything. So simply, it's not an easy money at all, it's really tough and hard earned money because we pay with our stress and nerves. Holders deserve to be ultra filthy rich, because no one could risk the risks we've took like us. We deserve to be the new wealthy elites of the planet. Well the .51 BTC that I have right now isn't going to make me filthy rich no matter what happens.  |
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This may be a stupid question, but how exactly is the SEC going to announce the decision? Are they going to publish something online or will the king of SEC step out on a balcony of the SEC HQ and proclaim the decision to a raging crowd in front of the building or how else will they do this?
The appropriate official will spurt a 'Y' or 'N' with their semen across a stripper's breasts. Those guys know how to deliver a message that hits hard. Baaaahhahahahahaha I guess the first time I posted this it got removed for not being about walls or price movement? So, I'm using the wall @1207.10 as a safety net to do small trades, anyone else ever do this? Hopefully some people will see the arbitration opportunity at coinbase and dump the price down to what it is on the other exchanges. |
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I just asked Siri about the EFT approval using eight ball and she said, "Nope." |
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You could still have low fees and use the viabit accelerator. The accelerator works and I have tried it a couple of times now with great success. If you dont get to use the accelerator then with low fees it could take days, or the transactions will be reverted back to the original address.
Some hint on where to find this marvelous service? Google served me some "The Advanced Light Source Accelerator Control System" from Standford, literally keeping you in the dark  Just know that they only accept 100 transactions per hour and the minimum fee on the transaction has to be at least .0001 BTC per KB. |
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You can be a whale. You could put a fee of .01 BTC when moving around 1000 BTC and would likely get the transaction confirmed rather quickly. The .01 fee wouldn't bother you at all. It would be chump change. $13.00 to move $1.3 million, no biggie. If you must buy a cup of coffee with BTC. Try this one. http://www.most-expensive.coffee/ |
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So as a legit customer, for the first time I was effected by the BSU (blocksize issue) I paid the fee, and it still did not go through the fee was
This sh*t has to be fixed up and soon. Also I feel segwit seems to not go far enough as to size.
Why are we using a block size that is years out of date given the demand and tech?
I jsut don't get how the miners cannot see this will delay/hamper BTC growth.
The problem seems to be that the Core development team is skittish on implementing a hard fork solution. They want to try Segwit and Lightning network since those are soft fork solutions. Changing the blocksize would only require altering a few lines of code; however, they would then need to coordinate a hard fork. btc did a hard fork back in 2013, with no warning....so it should be ok with plenty of warning Well, maybe Bitcoin Unlimited can wrest control away from the Core team. I don't see the coup as being successful, but time will tell. |
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So as a legit customer, for the first time I was effected by the BSU (blocksize issue) I paid the fee, and it still did not go through the fee was
This sh*t has to be fixed up and soon. Also I feel segwit seems to not go far enough as to size.
Why are we using a block size that is years out of date given the demand and tech?
I jsut don't get how the miners cannot see this will delay/hamper BTC growth.
The problem seems to be that the Core development team is skittish on implementing a hard fork solution. They want to try Segwit and Lightning network since those are soft fork solutions. Changing the blocksize would only require altering a few lines of code; however, they would then need to coordinate a hard fork. |
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