There's no way to know what will happen next, it's all full blown speculations. My pick is Tsipras and Troika will reach some sort of consensus, which the Syriza voters will not like, as a return Tsipras will be forced to demand more, to the point some sort of Grexit happens.
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One of the nice beauties of BTC is how it self regulates itself when difficulty drops because of miners leaving. The world is too big and statistically there will always be people that find a profit in mining, thats why there is nothing to worry about that.
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We need functional and fully trustable non-full clients or else we die.
We do. its called Electrum. Huh, did you were here a couple days ago? All SPV wallets suffered from a high risk of non valid transactions due the blockchain split, and guess what, Electrum is a SPV wallet. Basically any wallet that wasn't an updated core wallet was under risk. You: We need non-full clients. Me: There are some. You: But they aren't full clients. SPV wallets can't be fully trusted as seen 2 days ago. never bothered with those lighwallet, i know they can be good for newcomers who do not want to dl 40 giga or something, but even with a 8mega connection, it isn't a pain in the ass to download the whole chain... everything is 40 giga nowadays, game movie, we are not in 2005 anymore.... Nothing can ever be "fully trusted" except your own node if you want to take that thinking to its logical conclusion. However, for most of the time and especially smaller payments, SPV works great.
i still think that miners should only use core for their mining activity It's not only the download time (which is slow af even if you have a good connection, because sometimes the client is just slow at getting peers) it's also slow at processing the blockchain if you don't have a legit good computer. It takes way too much memory. BTC without lightweight clients taht you can trust = will never be a success. BTW, it seems it still happening: https://bitcoin.org/en/alert/2015-07-04-spv-miningWe need all of this solved before mainstream takes over
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Why is this taking so long to resolve?
Surely it is in the mining pools interest to fall into line? Or is there something more sinister going on?
Re stress testing I suppose it needs to be done isnt bitcoin still classed as beta or am I missing the point?
It actually was resolved pretty fast. (6 blocks ~ 1h) I guess the news at the top of the forum, is just a reminder that you should update your client. Theoretically this could happen again(I highlty doubt it, since pools/miners already lost money) and the only prevention is to use a up-to-date client(or connect to an up-to-date node) It is clearly not resolved. Look at the forum header and you will see. Things are not "back to normal" if you have to wait for ~30 confirmation on many clients. This is ongoing as of now until the above warning is removed. Sorry, for the misinformation. Seems like there was another split according to: https://bitcoin.org/en/alert/2015-07-04-spv-miningSo, miners are stupid enough to still lose money. Sorry, I assumed, they were smarter. So this happened twice now in a row? Oo When what is said is correct in this thread then couldnt that be used to attack bitcoin and lower the price of bitcoin? I mean presenting wrong hashes to these pools and letting them create a fork? I guess there is some failsaife built in as to which pools they watch but most probably they watch small ones too and someone could decide that he could earn some coins by shorting them with leverage and then starting the next fork? Further proof that we aren't ready for mass adoption. Glad I always stuck with Core, but feel really bad for anyone affected by this. 30 confirmations is a ton of time. I hope no one lost money somehow with this if you can lose money in this situation (some transaction getting stuck or something, or being precessed into the other blockchain). This sounds pretty messy to me.
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www.fiatleak.comChina still a major Bitcoin player. I expect big moves by them in the near future. AFter the greece incidents, every non-bitcoin invested individual will be rendered an idiot.
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Good job. The main problem tho is still, how are people supossed to buy their bitcoins if their money is controlled? And the amount of people aware of BTC is still too low, people is ignorant.
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LOL
254 and going down fast.
277 in Coinbase and going up quick. Welcome to being-wrong land, enjoy your stance. Population: You (and your other million alts, which I suspect will be quiet for a while).
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Tsipras is still playing his same game. His premise is that the EU/IMF will ultimately agree to anything to keep Greece in the euro. Everything he is doing is designed to "bring them to their senses." I suspected that everyone except the die-hard Greek communists have had enough of him, but with the 60% majority for oxi I guess he is still a strong leader, the question is for how long.
This drama is plagued with uncertainty. EU vs Tsipras. Tsipras' leaked letter kind of weakens his hand I think. I also believe that Tsipras is not uncorruptable. The question for me is how long will the Greek people forgo capital controls and will they suffer empty supermarket shelves. The limit is supposed to stay imposed until at least thrusday. Now Tsipras is forced to not dissapoint the Greek people. If Tsipras gives in a little bit too much in the negotations he's done. If Tsipras fucks it up and they see themselves out of the Euro, he's also done (most Greeks dont want to be out of the Eurozone). Extremely hard situation for him and his team.
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Buy Altcoin with BTC. Best stock ever If you do your research!
This. I like the fast and relatively anonymous ways of investing in the crypto world. Like a project like Maidsafe? you can go and buy Safecoins which are like buying shares into a company. Quick and easy, no bullshit like you have to go through to open an account in traditional brokers. Low transaction fees, quick and responsive orders... can't be beaten. You still miss on a lot of interesting non-crypto related projects tho, I would like a way to purchase shares of a company by doing it anonymous and fast like you do with Cryptsy and whatnot.
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If you are here for the long term, this means nothing. If you've been here for a while, you should be used already to hold during ups and downs. It all comes down to you. Do you want to make some quick cash and enjoy your fiat beermoney for a vacation, or do you want to retire early in 10 years? pick your poison.
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We need functional and fully trustable non-full clients or else we die.
We do. its called Electrum. Huh, did you were here a couple days ago? All SPV wallets suffered from a high risk of non valid transactions due the blockchain split, and guess what, Electrum is a SPV wallet. Basically any wallet that wasn't an updated core wallet was under risk. You: We need non-full clients. Me: There are some. You: But they aren't full clients. SPV wallets can't be fully trusted as seen 2 days ago.
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Thanks for answers, very appreciated.
I never used poloniex or bittrex, are they like a open marketing for exchange? I believe they store information about all transactions and even IP addresses, so is it really anonymous if I exchange my BTCs to monero or dash?
poloniex asks for your personal information in order to let you withdraw from your balance there. many exchangers do this, so read their faq and fees and all the rules before doing anything. all of the exchengers might keep a record of everyone trading there like IP and other info. I also have one advise for Bitmixer.io, but in practice how easy is track it?
read their faq page on bitmixer it will answer all your questions. you can add time difference between receiving the funds and receive in multiple addresses with different amounts for maximum anonymity. A lot of people got their money trapped in Poloniex and werent able to withdraw before they started asking for name and whatnot. As far as I know, if the transaction is inferior to 2500 you can invent a fake name, get the money out of there, mix it around and then the exchange doesnt know where that money went.
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http://rt.com/op-edge/271003-greece-bailout-default-scenarios/Greece abandons the euro and adopts bitcoin - a lovely idea which would at least guarantee citizens could no longer be subject to summary devaluation at the knee. Alas only slightly more plausible than lenders accepting a No vote is a basis for debt relief. Seeing this in RT is definitely bullish for bitcoin since it somehow reflects the Russian agenda. Also, it's positive marketing for bitcoin and shows where it could be used. If Greece adopts bitcoin then the price of bitcoin would definitely rise to 5000$ per bitcoin. Nice clickbait OP I thought it was real news. It is definitely a possibility, but how will people transition? just look at the ATMs full of old clueless people, how will they deal with Bitcoin when they can't even operate a computer?
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Tsipras came up to television 2 days ago saying to the Greek people that they will must vote "NO" and that if a "YES" wins then he will leave because he doesn't want to be an humiliated leader. Im assuming he will not cancel the referendum at this point and stay loyal to his truth, otherwise he will come up as a huge pussy, nobody would respect him anymore.
He has already agreed on basically all of the austerity measures as leaked on that letter, except only 3 small details, but that's it, he either goes to the end and leaves, or he will have failed to stay loyal to his own words, losing the trust from his voters.
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As Warren Buffet says, when others see crisis and despair, others see a fertile land full of opportunities. Too bad Warren Buffet itself still fails to see the insane opportunity that Bitcoin constitutes.
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Their are complete morons and I hope their business collapse. Only because of an ego problem, they have to create their own shitcoin with with own blockshitchain instead of using Bitcoin and its blockchain or at least waiting for the Sidechains and then running their own altcoin under the Bitcoin blockchain. They gain nothing by running their own blockchain. Their own blockchain will never be as secure as the Bitcoin blockchain.
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Eventually one of the Bitcoin whales will launch their own satellites acting as nodes on space, which basically means Bitcoin will be avaialble worldwide as long as you have a decent reciever, so you could live in some far away island and still be able to make transactions. The problem tho would be if the sellers would be able to reach you with your package.
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It doesnt really matter where the block size limit increase is implemented(core or xt), it is needed and it will have to be a fork. You cant have a change like that without forking, again it doesnt matter if its in core or xt.
But it seems the developers of core don't want bigger blocks, so it would be called XT as a result. I like the sound of Core better than XT personally.
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I expected other countries from south Europe like Spain, Portugal, Italy, Malta...Japan is imho different case and those graphs are not applicable for them like for EU countries..
This. That graph looks like it's lacking fundamental countries. Any of the south european countries is in danger to leave the euro, since they are all north's bitches. Japan doesn't owe anyone debt but their own citizens, they have that huge advantage.
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Im hoping the test is brutal and showcases the need of a bigger blocksize when people suffer transaction problems in first person (which seems to be the only way most people understand and react to problems).
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