I have read the article and it was interesting how smaller blocks is fitted in todays situation. Maybe he is right and in the future we are all going to need the HArd fork without issues and is much safer compare to the hardfork today. Though there are some points that I dont get but I dont know if I agree with him that an increase in blocksize today is not needed. |
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LN isn't permissioned in the sense you need a third party -- you just need a second party (the one you are transacting with).
But Frankie, do you know of any good articles that explain how the 'i won't have to open a channel with everyone else' problem
is actually solved (presumably with decrementing timelocks?) The white paper is fairly vague.
I do admit that even segwit or LN needs huge blocks to scale and that is their weakness that was exposed by the bitcoin unlimited group. Both group has its own weakness and strength. For the LN it is the problem on scaling while for the BU it is the bugs in their system. But there is another group that is making an entrance and that is the UASF, this time it is not the miners but the bitcoin holders, economic players, exchanges and payment processor that will dictate on what changes must be accepted to develop bitcoin. I dont know how it works but at least it will make the miners realize that it is the holders who must determine the fate of bitcoin and not the miners. |
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True! The presence of worthless altcoins are actually damaging the reputation and Crypto and also dividing the investment which should have been flown to the good altcoins. Altcoins are required but not at the present scale. Nowadays we have more than 700 altcoins and 99% of them are worthless.
The crypto currency market is becoming like ponzi scheme where people are flooding the market with ICO offer and running away with the money leaving the coin unattended. This is indeed bad. We all have to discourage this attitude of introducing new cryptos without any long term plan.
There are many cryptos with a good roadmap and a very nice long term plan. But in the end they just ended up dormant due to the lack of support from the cryptocurrency society. Some ended up due because they have no capital that big or stockholders to keep their coins running. The only coins who survived are those coins with good road maps and has a huge back-up capital for marketing, promotion to make people embrace their coin. |
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Mr. Trump says he rules the ocean Mr. Trump says he rules the sea Mr. Trump kills people for profit So fuck off, Mr. Trump, from me. fuck off, fuck off, oh fuck off Mr. Trump, from me, from me. fuck off, fuck off, oh fuck off Mr. Trump, from me Last night he made one hundred widows Last night he killed two dozen sick Last night, and i saw the live videos Mr. Trump was waving his dick... fuck off, fuck off, oh fuck off Mr. Trump, from me, from me. fuck off, fuck off, oh fuck off Mr. Trump, from me I see what he's done to civilians I see what he's done to world peace I watch him weaponizing billions and arms dealers getting obese... fuck off, fuck off, oh fuck off Mr. Trump, from me, from me. fuck off, fuck off, oh fuck off Mr. Trump, from me Mr. Trump told lies about terror Mr. Trump told lies about war Mr. Trump told lies about torture So i won't trust Mr. Trump no more.  Your song is funny but contains vulgar and inappropriate words. I dont have a bad comment against your hatred but I would just like to react on your choice of words that are not very friendly to the reader. But anyway even if you create many songs like that in the end you just have to accept that the people have chosen Mr. Donald Trump to become the President of the Unites States of AMerica. But I guess its too early to judge the president, possibly after his term if America has worsen its condition instead of improving then it is clear as a day that he is a no good president. |
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Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
Right now bitcoin is no longer that easy and has low fees. With the current problems on the bitcoin chain transactions are no longer that easy since transactions will take longer than ever to confirm. The next thing is that the fees are increasing almost every two months and right now the charges are very high and even reaches 2$. But even after these current situation I will never leave bitcoin. |
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Ah, obviously not a surprise here. If the Winklevii get denied there's no reason for SolidX to get approved...it was all based on bias toward the bitcoin market, rather than actual concern for the investment product or firm. News came out about an hour ago: http://www.coindesk.com/sec-denies-solidx-bitcoin-etf-proposal/I believe the SEC's response/explanation was a bit more specific this time around. They explicitly say "the market must be regulated." That's more bold than the first ETF denial, yeah? And pretty much guarantees that Wall Street investors will never have an alley way to Bitcoin from Wall Street. Other thoughts? It is clear as a water that the Securities and Exchange Commission did not approve the SolidX TF due to the unregulated market. The main thing is that bitcoin will not be able to be even approved by the SEC in its lifetime. The main reason was bitcoin being a decentralized currency leaving it as an unregulated currency. Anyway we dont need SEC approval nor we need ETF to make bitcoin boom. |
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Mom often says that:Nothing is immortal, just live in the moment. If this is true, what would be bitcoin's final death?
(i don't wanna see it happen, but let's be honest, ever since bitcoin was born, it has been rumored to die.At least 100 times)
Bitcoin will not die but what will die is its value when the time comes. But at this point of time it is not possible and even in the face of internal and crucial issues it is not time for bitcoin to say goodbye yet. Bitcoin will surely reach 100 million dollars before it will die and will be replaced by the new generation of digital currency. |
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In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first? Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development. The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC And BTC is now facing a simple Blockchain congestion problem In the future, all kinds of virtual currencies rise, BTC will in no. 1? Please friendly to your comments. I said the wrong place please correct me My English is not very good, I'm sorry  You make good points. Bitcoin still has potential because it is the first mover, but it is quickly losing ground to competitors. I feel a lot of people here are in deep denial about what is really happening, but I am still hopeful. Yeah, as said it will continue to serve as the leader of the digital currency. Recently the hard competence gave a loop hole for some unexpected issues making it fall and people to turn towards altcoins. Now it slowly recovered and once again moving downward, but I too stay hopefully. Yes, as a leader of digital currency should brings more better technology, a layer to ensure that BTC as the leader of the first position, rather than as it is now, being as a washed out toys, is casually abandon. I think it seems to be away from the original intention of the original，Is to let a person feel pity 。 Though there are many problems in bitcoin but the community will not let go of bitcoin that fast. We have witnessed the huge dump from whales and a large number of holders have shifted to eth and dash the last few weeks but we can still that bitcoin is still holding on. This is the power of the community's trust to bitcoin and with it bitcoin can still recover and can keep moving on. I just do hope the UASF will be launched soon so bitcoins will no longer be dictated by the conflicting miners. |
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I think the question should be "what services can I rendered to make 0.1btc par week" to earned 0.1btc is easy if you have any digital skills such as video or audio editing, forex trading, photoshop and website design. You may have the skills but you also need dedication and commitment to work things out.
Skills is needed and crucial to get that kind of amount or more but yet we still need to do some research to get an outlook into the possible circumstances if our services will really give us a good amount of bitcoins. Aside from having skills we must have some resources to be able to make our services more attractive to clients and can be competitive. |
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As some of you said already SegWit is not a hard fork and it will offer backward compatibility, so it is a safer option compared to standard hard fork.
Secondly, hard fork is not something inherently evil and wrong, it is natural way to upgrade a protocol, many altcoins had successful hard forks in the past.
Split - the problem you are referring to as potential outcome of HF is only possible when losing side won't accept defeat and will stick to their old protocol rules.
If there are only alternatives to keep the old system moving faster and efficient to cater the demands of todays bitcoins community without resorting to segwit (softfork) and Bitcoin Unlimited (hardfork) then the recent conflicts will not be very crucial to bitcoins survival. But I do not lose hope and I believe that there will be some technological advancement in the future that will settle the problems in bitcoin without changing protocols. |
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No Bitcoin is not doomed because of its Market Capacity. It is even good for Bitcoin to have a limited number of coins in circulation the more limited the supply the higher the demand and price it will get. Also why are you worrying about all the 21,000,000 Bitcoin? There is still a lot left un-mined and it is most likely that it can still be mined for many years because of the halving process it takes frequently.
That is very true that when the supply is lower or lesser than the demand then the price could actually go higher. In the case of bitcoin it will take more long years to reach a 100,000 dollar value per coin and it could only happen if bitcoin is well distributed all around the globe and has reached a million or billions of user across the globe. Hope it reach that value very fast. |
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https://www.reddit.com/r/btc/comments/61sim7/i_am_stepping_down_as_a_moderator_of_rbtc_and/This is actually a very good read so I encourage bitcoin users on both sides of the Core/BU divide to digest it. I've leaned Core myself, but have exactly the same thoughts on his scenarios 1 and 2. Not surprisingly given his R/BTC affiliation he's more pessimistic than I about scenario 3 (Segwit wins), but that matters little as long as its hard to imagine Segwit seeing the light of day. I'd point out, though, that Segwit does alleviate the immediate TX pressure, and even if TX pressure continued at current levels that would not kill bitcoin - only throttle it. But I'm inclined to agree with singularity87 (the author/mod at the link) that even such throttling may be enough to "kill" bitcoin in the sense that Ethereum will surpass Bitcoin in network effect, leading to the "Flippening." (A period of rapid change as people realize bitcoin supremacy is a lost cause and flee to Ethereum in droves.) So the challenge for diehard bitcoin supporters is how to avoid this outcome. http://www.coindesk.com/could-the-super-uasf-break-bitcoins-scaling-deadlock/If you are going to read this article there is a way to overcome bitcoin deadlock and settle all problems coming from miners disagreement and conflict. This time a proposal was made and it plans to create a user-activated softwork or UASF. The goal of this system is to give power to the bitcoin holders, exchanges, wallets and payment processors to dictate and give directions on the changes and the code to be used to improve bitcoin. This way we are not going to have more problems coming from the miners. |
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I would like to share an hypothesis.
With enough asics a group of miners could offer/sell an alternative to SWIFT for banks?
The group could settle a secret agreement with some banks to raise a few billion US$ for their hash capacity (they would have to leave bitcoin).
They would need something like 40% to 50% of bitcoin hash rate to avoid attacks (Bitcoin unlimited is in almost 40%?).
They would have to keep building asics to keep hash capacity in bitcoin level. Or build even more.
Them we would live in a world with 2 major coins. Both only vulnerable to each other hash capacity.
The miner (banks backed) would have lot of budget to keep pumping asics until bitcoin is forced to change POW or other mitigation strategy.
The group would guarantee its future in asics manufacturing and operations and would īt care if bitcoin fails. Quick $ with low risk. As it would have a signed contract with major banks to back them.
Actually this group of miners would gain with bitcoin suffering.
Banks could have a chance to have its own SWIFT and damage bitcoin considerably, gaining more time for their fiat party, with very low costs for them(comparing to acquisitions we are seeing today and the SWIFT value)
You have a good imagination. Though your idea is far fetch and far from the truth but it can be real sometime in the future. We can call your post a conspiracy theory since there are no solid evidence that can back up your claims thus it remains as a theory or a hypothesis that lacks clear proof. But the moment you post your idea here you are giving an idea to the miners a way to earn fast money without thinking the negative effects on bitcoin. |
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Sorry mods, wasn't quite sure where to post this.
Well I may be losing my job due to the fantastic ecenomy here and I'm looking to make some income (monthly/weekly doesn't matter) but without the investments because I'm currently not in the position.
So I'm looking to make something like a youtube channel or another blog but I'm concerned if youtube accepts bitcoin ads because blogger was having problems with those. Also, does it even pay off to invest into some dice gambling websites prize pool btc I get from the sigature campaigns or does that require a little larger sum of btc?
I won't even ask about faucets and rotators because I've given up on those years ago. Anyone here maybe selling stock music or has some experience with it?
If you have some other suggestions, feel free to post, please. Thank you.
If you want to earn something aside from signature campaigns then use your earnings in trading. Among trading sites the best way to increase your earnings is with yobit ( the best exchange online). The technique is to buy at a lower price and sell at a higher price which is twice or more than the price you bought it. Anyway if you have 200$ worth of bitcoin then try buying at least 100$ worth of TBC and sell it on the exchanger that way you can earn 10$ daily. |
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We can't beat cheap electricity+labor+Mining rig they are the one whos in top of manufacturing and energy sector but still it has many drawbacks like pollution unless they can shift to renewal energy then its hard to chase them. We just have to grasp that without government participation on our each country its hard to populate peoples mind to use bitcoin.
It can be beaten by other countries. Howeve it would take time. People in Chiana were well trained to be more productive but there is a problem to them, that is their lack kf discipline and greediness. They are thristy in powere in which they are copong to be the best.bhowever, I do believe that some country can beat them soon. Yes it is true that there are many large bitcoin data centers of mining farms are located in China due to cheap electricity but not everyone are Chinese owned companies but some are owned by investors coming from other parts of the world. Sooner or later miners in China will be replaced in the list of the top ten major mining center in the world. Europe are now moving and establishing solar powered bitcoin mining farms and if they will succeed they will soon overtake China. |
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according to cnbc. in this article The reality is if you look at https://www.cryptocompare.com/ Eth, dash, and zek, are down and BTC is up within the last few days. ROLMAO!! When bitcoins problems has caused spread among the bitcoin community a panic occurred. It is not surprising since the conflict between miners is a crucial one that will define the future of bitcoin. Given those conditions the community have shifted to ethereum and dash. But after the panic selling and the dump a miracle occurred there are many buyers eating all the dumped coins. And after seeing the price of bitcoin recovering the bitcoin users who shifted to eth and dash are now returning to bitcoins. |
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trump is talking nonsense, all his views and public announcment are nothing more then an attempt to create rage and disputes to further his causes in my opnion
He may be a bit over-reacting while interacting with the media. But so far, he has acted quickly on his promises. He has lowered the federal debt, deported illegal immigrants, and brought jobs back to the United States. Lowering Trump the Federal debt is fake. Now he asks to increase financing of the army. Congress voted in favour of Montenegro in NATO. The abolition of compulsory health insurance also failed. All the evidence suggests that America's debt will continue to grow. In his one month in the seat of presidency in the United States America the debt has decreased by 12 billion dollars. If compared to Obama, the former president made a 200 billion in his first month of service. Now tell me if Trump is a failure or he is a good economist. He abolished abortion rights and showed to the world that he values the right to life of American people including those who are not yet born. |
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how can i work out the current resistance support levels for bitcoin ? any advice would be appreciated
If you want to make a resistance against price deflation then you must ready a large amount of dollars. Let us say you set 1 billion dollars on buy order at 1000$ then there is a good wall that can resist dumps. It will only be removed if somebody sells 1 million bitcoins then the wall is destroyed. |
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Hello users.
Does anyone know any method to send BTC to users with less fees.
.
Cause Blockchain and many other major wallets are going crazy on the fees...
I wonder how Direct faucets give BTC with very much or less fees.
.
I would like to know how they do it.
Thanks!
If you want to send bitcoins without any miner fees try using coins. Ph. This site is available to the Philippines and if you are living in that country you can send bitcoins without making fees at all. To enjoy it you must live in the Philippines and must provide sufficient documents that you exist in that country. |
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Its so simple holding can give you big profit in the right time. Earning ,buying ,investing for long term without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.
The worst case scenario is when your forgot your password or you forget where you place your bitcoins. Or it could be something else, it maybe your hard drive is destroyed or your paper wallet has gone blurred. But the worst of all is either bitcoins has no longer a value when that time comes or you are already not there to see your bitcoins when you are already dead. |
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