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Pretty everyone on this forum owns some bitcoin, plus some alts.
In the early days you had naysayers who would pop in to say that bitcoin was a mad idea - but they've mostly gone, or they've succumbed and bought some bitcoin.
As to what people do with their coins - speculate, make money, spend, hoard - that's their business. Doesn't matter really, just by being involved they are contributing.
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I have contacted them but no reply. I only kept 10 ETH on Poloniex so i did not worry about 2FA. I was naive and didn't think that they could get enough info from there to track down my wallet. But they did. My stupidity. I know better.
All my security was a joke because I got complacent. Will not happen again.
Try to send them a message on the trollbox, someone might reply. Also, here is their subreddit: https://www.reddit.com/r/poloniex/Post a thread and hopefully one of their mods will help you out. |
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What about Kraken? I see they re also developing their margin trading platform.
They have margin trading but I don't think they have users lending. Instead the margin traders borrow from Kraken itself. |
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those coins are effectively useless if the key is lost if satoshi is dead or any other combination
the simple fact that those coins are still there, somehow prove it
How does the fact he hasn't cashed out yet lead you to inevitably conclude that he won't or can't or is dead? Those coins are all conceivably the personal property of one (or a few) living men. This economy is built on blind faith. why cashing now, when there was a better opportunity at 1200? no sense, at worst he could still cash out when the price will skyrocket above 1200 but remeber that this si true for anyone else mining tons of coins back then, you think that only satoshi has a fortune out there? i remember artfroz having more than 50% of the network, because he was the first to do gpu mining back then being the first with gpu is not much different than being the first with cpu Hindsight is 20/20. When the price was $1000, people thought it would keep going up. Some excited people thought it would be $10,000 within five years. Which might still happen, who knows? But if devs start arbitrarily destroying people's coins, there will be a rush to sell before your coins are destroyed as well, and bitcoin's price will plummet to nothing. |
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Note that he suggested a soft fork that activates after 5 years to make old coins unspendable, when/if it becomes clear that ecdsa is no longer secure enough in the long run. So Satoshi and everyone else have plenty of time to save their coins.
In fiat world, if you forget about an account, and haven't touched it in a while, you can still retrieve it. Money in "lost accounts" is yours by law no matter how many years you have waited to claim it. Ditto with bonds - it doesn't matter how many years ago you put the certificate in a drawer, if you produce it half a century later, you can redeem it. Given that bitcoin has been classed by govts as an asset, the same laws will apply. If Blockstream cancel satoshi's coins, he should sue and take them for all they are worth. |
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The difference between this and PayPal is that PayPal will just take the funds and pocket them. Theymos' proposal makes it impossible for anyone to use those funds.
So some early adopter decided to buy coins in 2011, and store them - and five years later, their coins are destroyed but they are supposed to be happy because their savings have evaporated instead of being appropriated? It's like stealing someone's money, and then setting fire to it and saying, "See? I'm not going to use your money, I'm just destroying your savings, that makes me a good guy". |
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let's also note i think this would be a safety to the future "Craig Wrights's" if your gonna come out as satoshi, DO IT IN NEXT 5ish YEARS shit or get off the pot type thing  So, if Craig Wright is Satoshi, you believe he should be punished for creating bitcoin by having his coins destroyed, so that he has nothing to show for what is practically the tech innovation of the century - and if any innocent by-stander has longstanding coins, they should lose their money too, right? Sheesh. Something has gone dreadfully wrong with the bitcoin community if it is now acceptable to arbitrarily destroy people's savings. I read that thread on reddit - the most disturbing thing was where he said "This issue has been discussed for several years." They've been encouraging the public to see bitcoin as a store of value for years while simultaneously deciding that they should arbitrarily cancel people's coins to make themselves richer. Wow, just wow. |
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This would destroy bitcoin in a heartbeat. Lots of people buy BTC as a store of value and then put the keys in a safe - the Winklevii are an example, and there are loads with smaller savings too.
Who is to say whether coins are "lost" or merely stored. Putting arbitrary rules in such as "if you don't move them we'll destroy them" destroys the premise of bitcoin, which is that it is a safe store of value.
After all, what is the difference between a bank snatching your money in a bail in and self-appointed devs destroying your coins "to prevent inflation" in theymos' words?
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I would like to know if there are people who borrow Bitcoin, or want to borrow Bitcoin for trade?
Why don't you lend on Poloniex? Many of the margin traders borrow to do their trades. On the other side are people lending. It is quite a safe platform, so it is probably easier to do it there than negotiating individually with people who want to borrow. |
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I'm new to Bitcoin mining so I just wanted to know if you could convert altcoins to bitcoins, and maybe a few starting mining options? I assume that a lot of altcoins make a few bitcoins.
use shapeshift to convert alts to btc without risking your coins At present shapeshift only allows a switch to Ether - they haven't restored the other alts. And shapeshift charges very high fees. OP should send the alt coins he mined to an exchange - try poloniex, or bittrex, both are reliable. |
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Don't do it, is the answer. A few years ago, people kept getting their coins stolen from their blockchain.info, and in every case they were using a mobile app to access the coins. Desktop users were perfectly safe.
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You only need bitcoin ATMs in places where it is impossible to transfer fiat to an exchange to buy bitcoin. If you can deal with an exchange, it's way cheaper (and more convenient - you can buy from the comfort of your sofa).
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http://cointelegraph.com/news/auroracoin-foundation-debuts-icelands-first-cryptocurrency-exchangeResurgent regional cryptocurrency Auroracoin debuted Iceland’s first-ever cryptocurrency exchange, ISX, allowing the people of Iceland to trade Auroracoin and krona.
This week, the Auroracoin Foundation debuted ISX.is, Iceland’s first cryptocurrency exchange. ISX allows the citizens of Iceland to trade króna for cryptocurrency, in this case Auroracoin.
Part of a renewed push by the Auroracoin Foundation
Amid a renewed set of financial scandals in Iceland exposed by the Panama Papers, Auroracoin has made a comeback.
For the last year, the Auroracoin Foundation has made significant adoption pushes including a brand awareness advertising campaign at bus stops around the country.
According to Hermann Finnbjörnsson, board member of the Auroracoin Foundation, the opening of the ISX exchange represents a great success in this greater adoption effort.
Finnbjörnsson says to CoinTelegraph:
“Opening of the exchange will be a turning point for crypto in iceland. Now people will have a real chance to embrace cryptocurrency for the first time and use their local currency to acquire it. After being restricted for 8 years under currency controls this will be a breath of fresh air into our community.”
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I'm afraid I laughed when I read the title. He is undermining his case by making silly statements. I wonder what got into him - did he see polls that showed Leave ahead and panicked?
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OP, the transaction was included in a block mined by BTCC pool. Whoever sent the transaction should contact them if he wants the money back. They sometime refund fat finger mistakes. But in this case, this was the correct fee. He tried to send coins that were just two minutes old, with just one confirmation. Of course the fee will be huge. You need to let your coins age, and only send old coins. |
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Expedia probably cancelled paying with Bitcoin for their customers due to the low amount of Bitcoin orders they have received in the system. But I think paying with Bitcoin is a little bit tricky when you need to cancel your reservations and ask for your money back because it's hard to get a refund with a method that is designed to be not refundable. I guess it would be a massive headache to deal with it.
I had to do that once. I called Expedia and they had to get the Coinbase transaction. Then they had me contact Coinbase to give them an address to send to. This is the problem using a service like coinbase - they can't just return the money from the address that sent it to them because the sending address was probably one from Coinbase's hot wallet rather than one associated with your account. |
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How old were your inputs? That would have affected the priority. High priority stuff gets confirmed pretty fast.
Inputs were all within the last year... And were you sending a fraction of a large input, or a combination of lots of small inputs. Both transaction 3 and transaction 4 look like you were sending a combination of lots of small inputs, combined with a large fee. It got confirmed quickly because of the large fee. What you really need to do is standardize the fee - make them all 0.0001, and vary the amounts (outputs made up of one big input or lots of small inputs). That way you will be able to see whether the miners make you wait or not. Also, the protocol says you can send an aged input for zero fee if the kilobytes are low. According to the wiki, "a transaction was safe to send without fees if these conditions were met: It is smaller than 1,000 bytes. All outputs are 0.01 BTC or larger. Its priority is large enough" Test it out and see if it works. Bitcoiners have spent the last seven years telling everyone that you can send "free" or for a minimal fee - so that is what most bitcoiners do. The question is, is that still true. |
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I don't think it is anything to do with the Winklevii. Speculators in general like to make their moves when there is news, and likely used them, which is why you see the correlation. But you should also see correlation with other news about BTC and Ether.
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Is the amount you are trying to send plus the fee less than the amount in your wallet?
The other thing to try is logging out, clearing the cache, and then logging in and attempting the send again.
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And it is mind-boggling how many loyal supporters he has. I would not be surprised at all if he were elected the next President.
I'm actually surprised how much support he has amongst bitcoiners given that he keeps spouting off about how wonderful it would be to print money. Unless their cunning plan is for him to be elected, and create such turmoil that bitcoin ends up with mass adoption. |
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