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421  Alternate cryptocurrencies / Mining (Altcoins) / Re: Why do we need to mine POS coins? on: July 07, 2017, 12:35:41 PM
I had people telling me not to start getting into mining back in April 2016 because Eth was going to be PoS by the summer.

No one actually knows when it will transition (if ever), except the developers, so just enjoy Eth as a PoW coin for now Smiley

Interesting, and I read somewhere that it's gonna be PoS end of the year Smiley
422  Alternate cryptocurrencies / Mining (Altcoins) / Why do we need to mine POS coins? on: July 06, 2017, 11:22:52 AM
Isn't proof of stake distributing coins based on claiming it? Then why do we still need to mine coins like ETH?

Thanks in advance for the answers
423  Alternate cryptocurrencies / Altcoin Discussion / How does POS work? on: July 05, 2017, 01:17:10 PM
Hi,

How do you really proof your stake in ETH? Do people with more ETHs have a huge unfair advantage?
424  Economy / Exchanges / Re: how to put money in bittrex on: July 05, 2017, 01:15:11 PM
How do you cash out from trading? or is your money forever stuck in coins that are not cashable lol.

You can transfer your coins in and out, just not money.
425  Local / India / Re: Why pay so much commision to exchanges, use decentralized exchange bitsquare on: July 05, 2017, 08:08:19 AM
Just a thought. What happens if there is a MIM scam involving bitsquare transactions?
Example https://bitcointalk.org/index.php?topic=1604317.0

TLDR: Somebody transfers fiat to your bank account. You transfer bitcoins out. Transaction completed (So you think).
Then a police complaint is made, saying that the money transfer was for a car that you had to sell and you have now scammed that person.

Thats one reason I still prefer the centralized exchanges like localbitcoins. That is the reason I am willing to pay that extra fees. For this problem, I have recently started increasing the minimum number of trades requires for a person to trade with me at a higher number.

Doesn't that happen to localbitcions too? the scenario that you cited.
426  Economy / Exchanges / Re: bitsquare.io - The P2P Fiat-Bitcoin Exchange on: July 05, 2017, 08:02:51 AM
Manfred, I've been playing with Bitsquare and I truely support a DEX system. As crypto users mature they will turn to DEX.

The challenge remains with the spread. I've just put in a LTC of 2% in CNY for half a day and so far none has picked up. Maybe 2% is on the high side.

Granted Bitsquare might not be popular in the far east (yet) though I think that's where your growth opportunity is. The connected LTC peers are 12 so I am guessing  it's thin across the board.
427  Bitcoin / Electrum / Re: Put coins into single address on: July 05, 2017, 06:18:53 AM
What were the fees showing as? as long as you can look on blockchain.info and it shows a fee higher than 10 sats/byte you can always try and use the ViaBTC TX Accelerator.

If it comes up less than 10 sats/byte, you can give me the TXID and I can try pushing it through another service that I know Wink

I set 0.00008908 btc/kb and it went through in 30 minutes Smiley
428  Economy / Economics / Re: Why litecoin had SegWit so fast? on: July 05, 2017, 05:19:01 AM
Maybe weith SegWit2X we will see bitcoin heading to 4mb, hence as fast as litecoin.
429  Bitcoin / Electrum / Re: Put coins into single address on: July 05, 2017, 05:16:24 AM
Thanks all, especially to HCP for the very detail and graphic explanation Smiley

Have just sent out the broadcast (though I suspect the fees might be too low) and let's see how it goes!
430  Bitcoin / Electrum / Put coins into single address on: July 04, 2017, 02:34:07 PM
Hi guys,

Is there any way I can merge all my coins into a single address.  It's easier to use a single address to link to an airdrop (GBYTE in case you are wondering).
431  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES. Ultimate crypto-tokens blockchain platform. on: July 04, 2017, 09:33:08 AM
How do i deposit WAVES coins bought at Bittrex into the client? I have a light client and when I click "deposit WAVES" all it shows is a "deposit from card" which is essentially to buy WAVES from Indacoin.
432  Economy / Services / openledger legit? on: July 04, 2017, 09:01:19 AM
it's been up since 2015 and the last time i checked was hesitant to use their service, and this time again their exchange was non accessible from openledger.info.

The idea seems to be quite novel since they started in 2015.

Any experience with them?
433  Economy / Exchanges / Re: bitsquare.io - The P2P Fiat-Bitcoin Exchange on: July 04, 2017, 03:34:01 AM
Is Bitsquare (Bisq) using Tor network when accessing our wallet in the desktop client?

Exchanges such as blockchain.info blocks Tor IP for security reasons, is there risks?
434  Economy / Exchanges / Re: bitsquare.io - The P2P Fiat-Bitcoin Exchange on: July 03, 2017, 06:28:03 PM
Congratulations!

The interface looks very neat, especially so given its done in Java Wink , look forward to test out my first trade with bisq Smiley
435  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth running a Waves node? on: July 03, 2017, 04:03:44 PM
Makes perfect sense, I'll just lease my small amount of Waves to other miners Smiley
436  Other / Off-topic / Which non BRICS country will developing fast? on: July 03, 2017, 02:47:58 PM
Which non-BRIC non-OECD do you predict will be developing fast?

Note: if you state your own country, it's good to tell us that's where you're from Smiley
437  Economy / Service Discussion / Re: How to calculate Waves signature campaign on: July 03, 2017, 01:09:37 PM
Thanks guys. Smiley

And @kimuskura you are right, I should have asked it in the thread
438  Economy / Service Discussion / How to calculate Waves signature campaign on: July 03, 2017, 10:43:21 AM
Just to understand Waves signature campaign logic,

If I am a full member and the reward is 0.00015 BTC per post for full member and the minimum post is 20 per week.

So the reward per week is 0.00015 x 20 x 2500 (assume BTC price) = 7.5 USD.

Did I get it right?
439  Alternate cryptocurrencies / Altcoin Discussion / Is it worth running a Waves node? on: July 03, 2017, 09:56:07 AM
I hold very little Waves at the moment so making 1% from my Waves coins might not make sense.

Anyhow, is it worth it financially to run a Waves node, maybe as a pool.
440  Economy / Economics / Re: Why litecoin had SegWit so fast? on: July 03, 2017, 09:53:16 AM
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.

The creator of litecoin Charlie Lee supported it, talked with the necessary people and implemented a plan that no one had any real issues with hence it was approved sealed and a done deal.
https://www.cryptocoinsnews.com/litecoin-creator-charlie-lee-urges-jihan-wu-to-signal-for-segwit-antpool-obliges/
(Also the transaction capacity was not near the 1MB limit yet so a lot less impact they have more time to study things later)
Bitcoin the foundation and other groups suggested it met pushback and hence we had a blockscale debate on the best implementation due to a variety of political monetary and strategic issues that scaling presented and the transaction limit was approaching so issues and debate hence drama.

Unlike litecoin bitcoin has no center and its creator was hiding in the shadows and does not appear in public. This is one of the major reasons why activating segwit will take a very long time. Another thing is that there are different groups having different sides and will have their own code and will not stick to segwit. To make segwit activated there is a need for a consensus, but a consensus is very hard to get thus UASF is created to make sure that everything will be in favor of the bitcoin holders. With UASF in the picture segwit activation has become possible. But in order to reach that far the bitcoin community has encountered many problems and challenges.

If SegWit2X is activated will UASF be dropped?
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