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For me, I prefer the original wallet, the Bitcoin Core.
I'm used it since years ago.
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Thank you again, everything seems clear now, again thanks for every one helped me here.
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I liked the title and you are 101% right, as I always said, being a good father or mother is not easy, it's a very difficult issue specially when the age gap is large and still you need to hear from you son or daughter and to accept their point of view depending on their age.
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I'm not talking about normal people or even investors, I'm talking about financial organizations bro.
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May I understand, why there is a panic of 51% hash rate reached, I still can't get the point.
Suppose u & me has made a deal that I'll give u 1 BTC and u'll sell me a website. Now, if I have understanding with the 51% hash power holder GHash.IO, I can send u 1 BTC, take your website's credentials, again send 1 BTC to GHash.IO. GHash.IO will accept the 1 BTC I sent to them and not u. Now they can send me back 0.5 BTC. So, in effect I get my job done with 0.5 BTC, whereas I am supposed to pay 1 BTC. I didn't get that to the end. I just want to understand the 0.5 and 1 BTC. Again please, if you don't mind. In simple term, the 51% network hashrate provides monopoly (51% probability) to the miner to mine blocks. So they decide which Tx to include in their blocks and which not. Now, they can write code in their system to completely filter out your Bitcoin address so that any incoming Tx to your address will never get confirmed. So the person sending U bitcoin can re-use their coins. This is called double spending, where your coins never get confirmed because of the bad miner with 51% power. Thanks for elaboration, but isn't it difficult for this to be done from the trustworthy of GHash point of view ? |
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The 6 minutes issue is for everything, not only posting, voting, pming, ... etc.
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Thanks again for the full help brothers.
May I know hilariousandco, how did you calculate the time "last Tuesday and 24th of June" ?
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Now everything is clear but the only question that needs answer, what is the key for activity ? Posts or what ?
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For me, I use either localbitcoins, friend or mine, or wm-center.
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There are several things you can do
- Trading - Faucets - Micro-jobs - Freelancing - Signature Campaigns.
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I prefer you use Escrow as to be sure you won't scam or be scammed. If I had PP, I could help you, but for sure you will find someone who will  |
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But it's not me who are going to install and setup a ATM machine.
What came into my mind is banks or other financial organizations.
Can't just a bank starts accepting and dealing with BTC and install machines like the normal ATM machines ?
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I want to understand the following, if you don't mind,
- Is there "post limit" ?
- What is this newbie restrustion about ? Dodes it apply for us "Full Members" ?
- What is the keyword for activity ? Time or posts or what ?
- Can I increase time by just letting the computer on all the night with Bitcointalk page opened ?
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May I understand, why there is a panic of 51% hash rate reached, I still can't get the point.
Suppose u & me has made a deal that I'll give u 1 BTC and u'll sell me a website. Now, if I have understanding with the 51% hash power holder GHash.IO, I can send u 1 BTC, take your website's credentials, again send 1 BTC to GHash.IO. GHash.IO will accept the 1 BTC I sent to them and not u. Now they can send me back 0.5 BTC. So, in effect I get my job done with 0.5 BTC, whereas I am supposed to pay 1 BTC. I didn't get that to the end. I just want to understand the 0.5 and 1 BTC. Again please, if you don't mind. |
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I've only known about BCT++ script, and always wanted that quick reply thingy.
Thank you for sharing, it will help me for sure.
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You spoon-fed me, thank you.
But, why these examples might not work, what are the reasons ?
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May I understand, why there is a panic of 51% hash rate reached, I still can't get the point.
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Even if the ATM machines are that expensive, they will make profit on the long run.
Why I feel we are moving in baby steps towards this ?
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Well, ASICs are far more profitable now than GPU mining, I prefer you google around for some solid ASICs and invest in them for the long run.
Don't go with GPU mining as you will be the only loser.
Not if you know what you are doing. Tell me how is GPU mining profitable from your own point of view. |
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No, they have the same domain but with .es instead of .com
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