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How old were your inputs? That would have affected the priority. High priority stuff gets confirmed pretty fast.
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The writing has been on the wall about this for a while. Here is an article from 2015: http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.
In interview with CoinDesk, Chung, who helped launch bitcoin payments for Expedia's US website last year, says the decision to accept payments in the cryptocurrency was also a response to demand, and that this is perhaps the most important factor in its selection of payment methods.
It was not, she added, about Expedia making a statement or taking a stance on digital currencies.
Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments – with some reporting a decrease of up to 90% at various industry events. Looks like they gave it another year, demand continued to plummet and they axed it. I don't think bitcoin will ever be a currency - people tend to hoard their coins. Companies like Expedia should have offered an alt like doge, which people are happy to spend, but instead of substituting an appropriate alt, they just scrapped the crypto option altogether. |
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It is a step in the right direction - but the citizens of Zug need to help things along by actually using bitcoin to pay for their utilities. Otherwise at the end of the trial, they'll conclude demand isn't really there, and scrap it.
We see this over and over in the private sector. XYZ business announces they are accepting bitcoin. Everyone cheers, but no-one actually uses the service because everyone is too busy hoarding their coins. Then the option gets quietly dropped due to lack of use. Then everyone wonders why bitcoin adoption is stalling
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It is developing a new product. Losses in initial stages is nothing to be worried about.  For a market cap like theirs, it's more than worrying actually. I wouldn't be surprised if they announced that they were going under all of a sudden, it's not like we haven't seen this before with Australian listings. I suppose the question we should really be asking is, are there any bitcoin start-ups that are profitable? I can't think of any - they need mass adoption to make it work, and that side of things has stalled. (Though Satoshi/Craig provided some nice publicity and got people talking about bitcoin again). |
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Is anyone else wondering whether Satoshi unknowingly stored his coins on a USB stick? All that stuff he mined back in 2009 will be about seven years old by now...
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http://www.zdnet.com/article/former-bitcoin-miner-digital-x-reports-1-2m-q3-loss/Fintech firm Digital X has reported a third quarter operating loss of $1.27 million.
For the three months ended March 31, 2016, Digital X's bitcoin trading activity produced approximately $5.7 million in revenue, which the company said helped to offset the cash burn its AirPocket remittance product caused, as well as the "winding down" of bitcoin mining.
Latest Australian news.
Previously, Digital X was listed on the Australian Securities Exchange (ASX) as DigitalBTC, undergoing not only a name change in October, but a shift in business model as well.
DigitalBTC, trading as Digital CC, was formerly solely involved in bitcoin mining, a procedure whereby a company is rewarded with the cryptocurrency for performing calculations that secure the blockchain and confirm the validity of a transaction.
...In May, Digital X raised AU$3.5 million to fund the development and rollout of AirPocket, an app-based peer-to-peer, cross-currency cash remittance platform. After rebranding, Digital X announced its focus would be on the AirPocket platform, saying that the rebranding represented a strategic change from a focus on bitcoin as a mechanism to store value to a focus on software development.
The company said it is currently involved in discussions with partners in the US and Latin America around AirPocket; however the product is not available in Australia.
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Just a reminder
Its not safe to use USB sticks or SSDs for long term storage they lose data over time if they are not powered!
You can't just stick your private keys on a few USB sticks or SSD and box them up for 4 - 8 years you will lose all your coins.
I didn't realize USB sticks were not safe. Can you please explain why? And why does being powered help? |
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which of them accepts a blog which don't have much traffic? Didn't promote my blog every day so I just get about 5 -15 hits a day. I did applied to one adnetwork but was denied You can also try coinurl.com - it is quite an old network - been going since about 2014 I think. Here is the url: https://coinurl.com/seem to be text ads only. Yes- it is text ads which pay per click. Some of the other ads mentioned (a-ads) are pay per impression. You need a lot of traffic to make either work. I would recommend you work on increasing your traffic from the search engines before you put ads on your blog. |
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So if I flip burgers and buy BTC, I'm indirectly mining BTC? (Minimum wage paycheck) => (BTC), voila?
Some twisted thinking, but K.
The vast majority of altcoins don't even have altcoin X / USD pairs. You are forced through BTC first to cash them out. It's not that big of a step, or so twisted. Apart from Ether - you can trade it against USD on BTC-e, Kraken, and now Gemini. These exchanges are hedging their bets in case bitcoin fails. All we need now is for Coinbase to join them and we have full house. |
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It is not a problem if Bitcoin was created the government or any 3 letter agency because basically it's open source, so since it's open source we can know what the program does. This is why it doesn't matter who satoshi was, we can make Bitcoin do what we want it to do to benefit us, not someone's else original plan (if this was the case).
Who satoshi really is might be not important, but what matters is who has keys to the 1mil coins satoshi supposedly has. Are these coins for really gone from the market? Or will there be a 1 mil bitcoin dump one day? The coins are not gone, but I don't think they'll be dumped all at once. It'll be a slow sell. But yes, the markets will panic a bit because so many people have convinced themselves that those coins would never see the light of day. |
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Bitcoin fees can be confusing for people - they are no constant as are based on number of inputs and outputs. Dust transaction is a major factor etc.
Unless owner of that wallet directly set high transfer fee (I am not sure if you can set it manually to certain number on blockchain.info, I know there are slider menu for that tho)
then I think it is valid fee based on bitcoin fee policy. You will never got it back.
That is because it is done in bytes rather than amounts. You are right though - people find it confusing, which is why the original concept of people being their own bank won't work. Bitcoin will need coinbase and circle to take off, in order for it's use to become widespread. |
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You can also try coinurl.com - it is quite an old network - been going since about 2014 I think. Here is the url: https://coinurl.com/ |
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You won't be able to get it back. Your problem is that you had an input at 2016-05-05 10:40:00 but immediately created an output at 2016-05-05 10:42:40. That is why the fee was so large. You need to give your coins a chance to age and get priority. If you have an input of 1BTC it takes a day to age so you can send with low or no fee. If it is half a bitcoin, it takes 2 days, a quarter of a bitcoin, 4 days, and so on. This is not like a bank debit card where you can make transactions instantly without aging. |
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Why would they do anything detrimental to Bitcoin? It would hurt them more than anyone financially.
The miners won''t want to do anything bad. But the Chinese govt is getting seriously weird - that Xi guy has given himself direct control of the army - it is the equivalent of Obama being President and Chairman of the Joint Chiefs of Staff as well. Previous Chinese leaders didn't feel the need to do this. The current one obviously thinks that a coup might be in the works which is why he is seizing control. |
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I see. Title of the article causes confusion stating "digital currency" yet there was no mention of "bitcoin".
LR was a centralized digital currency - nothing wrong with the title. "Liberty Reserve" is also mentioned right in the first sentence of the article. It was centralised - which means they should have put some anti-money laundering rules in place but didn't. As an aside this is why bitcoin exchanges have basic kyc and anti-money laundering rules - it is to protect them from being jailed by inadvertently enabling scammers. |
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Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
Don't.Unlike other peer to peer exchanges ,poloniex barely believes in taking collateral from its members.Most of the loans are given on the basis of submitted documents which can be fake .ROI offered is very less ,plus there is no guarantee when the principal amount will be paid.Stick to BTCJam with trusted members. This is such bad advice. No lender has lost money on Poloniex, but plenty have been scammed on BTCJam. |
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I wouldn't fret. The new Muslim mayor voted in favour of gay marriage and his white opponent voted against it, and Londoners went for the more liberal man! |
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It is hard to predict 10 years ahead.
However this year - 2016 - is a big year for BTC. We don't know if it will survive the halvening let alone whether it survives the civil war that is going on in bitcoin space.
I think it is significant that both Gemini and BTC-E have announced that they are offering ETHer trading - it seems to me that they're trying to hedge their bets just in case bitcoin doesn't make it.
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Thanks for the CNBC linkdrop. Interesting how much press Ethereum is getting in CNBC. It's actually better quality press than Bitcoin got, because Bitcoin's arc in the mainstream media was "bubble press": started with the huge leap >$1000, ended with the implosion of Mt. Gox.  On the other hand, Ethereum's press is linked to startups; no bubble talk. Ethereum actually has a good shot at becoming the metonymy for "blockchain." Agree with this. And while the press constantly mention "criminals" and "money laundering" in connection with bitcoin, there is no mention of that when they talk about Ether. Perhaps Ether's PR dept is much better at promoting the coin! |
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