Bitcoin Forum
July 07, 2024, 05:48:32 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 ... 285 »
4601  Other / Politics & Society / Re: The taboo of child marriages. on: July 26, 2017, 05:35:27 PM
But we cannot suppress someones beliefs because its too sacred for them.
Well considering that they're hurting the entire life of an innocent child, I'd say that their beliefs can take a running jump.

If people's beliefs involve violence or incite violence, "respecting their beliefs" goes out of the window completely.  Your mentality is similar to the people who were saying you shouldn't punch Nazis.  Of course you should punch Nazis, because they're inciting violence against people of different races and religions and you need to keep people, the majority of whom are innocent, safe.

If these kids respect their parents' decision about who they should marry, that doesn't mean that they arranged marriages should exist.  It just means that they should consent to the marriage which their parents want them to have, once they are of a reasonable legal age to consent to it.

4602  Bitcoin / Bitcoin Discussion / Re: What is the Block Reward will be after 1 Aug? on: July 26, 2017, 05:22:16 PM
The block reward will be exactly the same on the 1st of August as it is now.  The block reward will not change until the next halving in 2020.

The split is to something completely separate (Bitcoin Cash), which has the same block reward as Bitcoin, but Bitcoin and Bitcoin Cash are completely separate to each other and when you mine a block on one, you do not automatically mine a block on the other.
4603  Economy / Speculation / Re: Bitcoin Cash trading well. Bitcoin's future uncertain. on: July 26, 2017, 01:22:23 PM
Hey if BCC trades at 0.15 BTC I will be happy!  That is like a 15% bonus for all Bitcoin holders Smiley
No it isn't.  Most of BCC's price will not be new money moving into cryptocurrency, it will be money moving out of BTC and into BCC.  A bonus for BTC holders would just be the price rising by 15%.

I consider it more likely that the BCC price will be extremely low after the split because a lot of Bitcoin holders will dump their coins and there won't be a lot of liquidity.  In the long term though, who knows what could happen.
A legendary member with 1700 activity and thinking there is real demand for bitcoin cash garbage. Really interesting for you if you're not seeing it's being pumped intentionally.
It can't be being pumped.  It doesn't exist yet.
Bitcoin won't divide and will stay as BTC!
It can divide very easily.  Division over various issues, as well as unnecessary hype, is what has caused the rise of many altcoins as well.

4604  Bitcoin / Bitcoin Discussion / Re: Get ready folks and start allowing competition in all Bitcoin sections/it helps! on: July 26, 2017, 12:33:35 PM
These people will try to hijack bitcoin brand and even attack bitcoin with spam transactions and DDOS services.
As I just pointed out, BCC is not an attack on Bitcoin.  Anyone can create a fork of Bitcoin - if they were all attacks on Bitcoin, Bitcoin would have died long ago.

As for hijacking the brand, there is some merit in that argument - but I think that people are letting their opinion get in the way of a neutral judgement.  When the similar fork BitCore happened, people did not perceive it to be an attack on Bitcoin, but by this poor logic it would have been.

i just want to add two things.
1. i agree with your points but they should not be confused with what some are currently doing to take over bitcoin. with threats, with their money or hashpower.
There is nothing that Bitcoin Cash could do to "take over" Bitcoin.  The two chains will act solely on market forces.  Even in the unlikely scenario that Bitcoin Cash ended up with a higher price, it would not have taken over at all.  As for hash rate, it will eventually move along with the price when there are two chains, sooner or later.
I try to comment only on you last point - I do not want this single dev team to be fully in charge (off all points see down) - this is too much pressure and too much a  single point of failure!
As long as the code is open source and anyone can contribute to the development team's code, it's fine for one team to develop the reference client.  There should definitely be competition and people should definitely recognise that other clients exist, but there are problems with having too many implementations at once.

Satoshi mentioned this as well:

I don't believe a second, compatible implementation of Bitcoin will ever be a good idea.  So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network.

What people need to know is that development teams do not have real power.  Development teams just develop, and Bitcoin users/miners/nodes decide what code to follow.  So different proposals do not need the support of Bitcoin Core.
4605  Other / Politics & Society / Re: How do you know the amount of tax you pay in using bitcoin as payment? on: July 26, 2017, 10:41:42 AM
It only depends on the country you live in.  In the UK:

-Capital gains tax is paid when converting to fiat
-VAT is paid when paying for goods and services (how well this is enforced is another matter)
-Mining and mining-related services are exempt from VAT.

You have to be careful about declaring it if you're dealing with large amounts.  The repercussions of not paying tax when cryptocurrencies are handled better by the authorities could be a lot worse than the taxes that you have to pay on them.
4606  Bitcoin / Bitcoin Discussion / Re: Get ready folks and start allowing competition in all Bitcoin sections - it help on: July 26, 2017, 09:48:32 AM
In any case, there will eventually be a node that will win and then Bitcoin will become a centralized network.
This makes no sense.  Anyone can run a node.
Shit, this was not meant to create another bitcoin BCC thingy....
True.  Your thread may be overrun with generic comments about Bitcoin Cash soon.

I agree with your point, to some extent.  Bitcoin is a permissionless system, and it's important to recognise that Bitcoin Core does not have infinite power, nor should it have.  I do think that people sometimes misunderstand how consensus works by smearing any proposals not approved by Bitcoin Core as an "attack" on BTC.  Meuh6879 created a nonsensical thread here, which neglected to mention that BIP 91 would not cause a chain split straight away and compared it to a mining pool having >51% of the hashrate.

However, the development team's reputation is extremely important in deciding whether to support a proposal, considering that we're dealing with a >$40,000,000,000 network here.

4607  Bitcoin / Bitcoin Discussion / Re: Help Understanding Potential Bitcoin Split on: July 26, 2017, 09:34:35 AM
By reading different posts, everyone is saying different things, so the true knowledge seems to be hard to validate Sad.

From what i know, theres a potential split to form BTC and BTU, where the main difference is that BTU will have larger block sizes, is this correct?


Does BTU have a fair amount of support?


Yes, you are correct. BU is Segwit plus 2mb blocks. While BC is just segwit.

Yes, BTU has a lot of support 1)from miners, 2)those that are sick and tired of high transaction fees and slow conformation,3)those who have businesses that use bitcoins.
OP, every single statement in this post is a lie.  Please disregard it.

Bitcoin Unlimited was/is a proposed hard fork allowing a dynamic block size.  It would basically support continued onchain scaling.

However, Bitcoin Unlimited required 75% of blocks to signal for it for the hard fork to happen.  It failed to reach this support, and therefore Bitcoin Unlimited will likely never happen.

However, there is a second proposal with similar goals, entitled Bitcoin Cash.  The split that you're mentioning is going to form BTC and BCC (Bitcoin and Bitcoin Cash).  Bitcoin Cash will also increase the max block size and support onchain scaling.  Bitcoin Cash does not require consensus - it will happen on August 1st regardless of its level of support.  I would say that it doesn't have too much support for now, and that a lot of people will sell it first as it's a low-consensus hard fork.  Its long-term support is harder to gauge.
4608  Bitcoin / Bitcoin Discussion / Re: @RogerVer can little guys get in on this deal too on: July 26, 2017, 08:33:13 AM
All these bets are really dumb.
this is not a bet, it is a trade.
It's both.  You're betting that your BTC will be worth more than the BCC in the future by doing a 1:1 trade, even though they are currently not worth the same.
It's not like Roger Ver is going to trade absolutely gigantic amounts of BTC for several times less BCC tokens than he could buy at the market price.
stop thinking in fiat terms
I'm not.  When the BCC fork happens you will be able to trade it against BTC, and just like how it's worth much less than 1 BTC now, it will be worth less than 1 BTC then.  I didn't mention fiat.
try reading the last line I've added to OP.
Of course the current price doesn't matter to you, because you're getting BTC for several times less than it's worth.  You could literally buy loads of BCC on an exchange and then sell it to Roger Ver for four times as much if he took this trade/bet.  It's just dumb.
1 unit of bitcoin is 1 unit of bitcoin the same as they say 1 Doge = 1 Doge.
But you are not trading one unit of BTC for one unit of BTC.  BCC is created at a 1:1 ratio to BTC using the same blockchain, but it has different features and it was created several years later.  They are not the same thing.
also trading (swapping) two tokens will take place 100% decentralized and off the exchange and away from government knowledge.
trading (buying) tokens requires you to go on an exchange deposit fiat and answer to the government later on.
I agree with this part, but the decentralised exchanges being developed still move with the market naturally.  They don't put arbitrary prices on things and then pretend that it's a normal trade.
4609  Economy / Service Announcements / Re: [ANN] ChipMixer - mixing reinvented on: July 26, 2017, 08:17:07 AM
~ Both markets were protected by Tor and yet servers were located and one of them was made honeypot. An owner of one of the markets had four luxury cars and lot of money so everybody was asking - why keep risking a good life to provide darknet service? BitMixer owners probably asked it themselves and the answer was - it is not worth it anymore.


it is always their own fault for slipping. they do all the security measures for their servers then they use same credentials for their emails in multiple places and leak a lot of their information. i believe that was how they caught them.
Pretty much.  They caught the guy from Alpha Bay because he used his personal email in a "welcome email" to new users of Alpha Bay back in 2014.  That email included his first name and year of birth, and the authorities later found that he'd used the email for a PayPal account.

The problem is that these markets never expect to get so big, nor do they have so much initial investment.  So often their owners and workers are careless in the early days and they give away information that the authorities can start using even years later.

ChipMixer doesn't have millions to put aside to prepare for an influx of users either, which would explain why they're concerned about the recent influx of traffic.
chips you will withdraw now will be created after deposit which is one of the reasons why ChipMixer gives more privacy than other mixers. In this case, due to traffic, we could not offer that to you.
But if the level of traffic stays high for longer, you'll get back to normal, right?
4610  Bitcoin / Bitcoin Discussion / Re: Is BTC/BCC becoing more-and-more China's blockchain playground? on: July 26, 2017, 07:47:33 AM
China's power is massively overrated.  Everyone assumes that the Chinese government is a puppet master behind the scenes that's brainwashing us all or something.  Even people who are not part of the government are being included in "China".

All countries are important as part of a decentralised network, and while Chinese people have too much power in mining, it's not a giant conspiracy from the government.  This kind of paranoia isn't healthy.
4611  Bitcoin / Bitcoin Discussion / Re: @RogerVer can little guys get in on this deal too on: July 26, 2017, 07:37:24 AM
All these bets are really dumb.

It's not like Roger Ver is going to trade absolutely gigantic amounts of BTC for several times less BCC tokens than he could buy at the market price.

Just because Ver believes that BCC would become relevant in the future, doesn't mean that he thinks he can never get it for less than 1 BTC.

We'd all rather he didn't have that much BCC because he would push the market price way up and he would be able to manipulate it incessantly.
4612  Economy / Trading Discussion / Re: Online portfolio tracker on: July 26, 2017, 07:13:21 AM
It's interesting service. Do you know something similar, but to be able to run it on 'local'. As I don't want any service provider to know exactly what and how many coins I'm holding. And when I', moving it. Call me paranoid, but with Big Data you can do a miracle quires in Python.
You don't need to provide any data, I think even email is not mandatory.
So no one from cointracking can know who you are.
If you are still paranoid, you can use VPN to hide your IP and such stuff.

I heard from "cointracer", this is a local program, but I never tried it and I fear it is only available in german:
https://www.cointracer.de/
and I think it has no graphs and such stuff, it is only to calculate profits for tax purpose.
It's EXEcutable which is not open source. And it's on beta phase, not updated from few months. .
And the VirusTotal page for the link to download it shows one positive.

I usually steer clear of .exe files unless they're made by large, regulated companies or they're open source.  They're the home of viruses.

A lot of people here use Blockfolio, which is a phone app.  Recently it was believed that Blockfolio were spying on their users' holdings, but Blockfolio has denied this (and you could always just take privacy measures like decreasing your holdings by a factor of 10 or 100).
4613  Economy / Trading Discussion / Re: Practice trading on: July 26, 2017, 06:55:40 AM
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.
True, but it doesn't require a very high cost.  The OP could send around 0.01 BTC to Bittrex and start playing with their 50,000 satoshi orders.

The important thing is to have an extremely clear strategy, test it for a long time on Bittrex, and then get trading with larger amounts of coins.  You don't want to be one of the newbies who plays with fire and gets burnt.

Trading Forex first might be a good way to pick up these strategies, because it's also an accessible market but it's oriented around trading strategies.

However, don't get caught up with too much technical analysis.  Make sure you know what you're dealing with.
4614  Bitcoin / Bitcoin Discussion / Re: Which wallet can keep both kinds of Bitcoin before and after 1st Aug? on: July 25, 2017, 10:58:30 PM
I think the best choice is Greenaddress.it which is an online wallet.
Green Address involves shared access of your funds.  If you're using Green Address for convenience, you should know that it requires a signature from both you and Green Address.

You have to use their 2-of-3 multisignature wallets to have control over your funds and therefore the ability to transport them to another wallet without having to fully trust Green Address.  You can also use their nLocktime transactions to send your funds out of Green Address into a separate wallet by a certain time, meaning that if Green Address stopped their service, your funds would be safe.
You only need the Bitcoin Core wallet on your computer.
Or just any wallet which allows control of your private keys.  If you're in a rush you should use a wallet which promises to support easy spending on both chains, otherwise any wallet is fine.
Nobody gives a shit about Koinye, or Litecoin..or other less know alt coins.
Bitpay, overstock, gyft, purse, Lamboghini, McLaren, Richard Branson,,, all accept BITCOIN.. not litecoin.. not etherm and not whatever new bullcrap Fork Fags make.
They fucking well do give a shit if they lose money that they're entitled to though, as in forked coins that they should automatically own.
4615  Bitcoin / Press / Re: [2017-07-25] What Every Bitcoiner Should Know About 'Bitcoin Cash' on: July 25, 2017, 10:42:37 PM
i have no interest in what roger ver's bitcoin.com has to say about this subject, or most other things too.
The article itself is actually quite informative.  There is some bias but it's subtle and it's among useful information.

Certainly better than reading through pages and pages of people saying "Bitcoin Cash is just a worthless altcoin that will get dumped to zero the second it happens", "Bitcoin Cash is to stop SegWit from destroying the real Bitcoin", and other misconstrued bullshit that most people are parroting just about everywhere.
4616  Economy / Service Announcements / Re: The lagest Bitcoin mixer is about to stop working on: July 24, 2017, 09:56:59 PM
Note: I've never used BitMixer so I won't miss it's services. One of the reasons for not using it is that the coins I get back are most likely from someone who's trying to hide worse things than me Tongue
When you used Bitmixer, they would give you a "Letter of Guarantee" (mentioned here) so that you could prove that you sent funds to their site (signed message from their address + signed message from you = proof).

If the authorities came knocking, you could just prove to them that you sent your funds to Bitmixer, and therefore that the tied coins were not yours.
I've seen it, but I don't think it proves anything as it still requires the authorities to believe BitMixer is honest.
For the deposit, it certainly doesn't require that.  The point is for them to sign a message proving that the address you're sending to is owned by Bitmixer.  So as for the funds coming back to you, you can sign a message proving that you own the address that received a transaction of the same amount you send to Bitmixer, if that makes sense.

After that, the authorities can either believe a mixture of cryptographic proof and completely obvious reasoning, believe that Bitmixer stole your money and you just mysteriously received a transaction from a criminal at that time, or believe that you own Bitmixer.  I'd say the former one is the only logical way that they could go.
I doubt a judge would believe evidence created by the anonymous website that you claim laundered your money into coins wanted for something you claim you didn't do.
I don't see why not if you provide evidence that Bitcoin's signed message system is sound and you verify Bitmixer's signature.
4617  Bitcoin / Bitcoin Discussion / Re: Bitrrex to handle the chain split on: July 24, 2017, 09:29:17 PM
If anything there's probably less chance of being hacked with your coins on bittrex than on your own computer wallet. Better security, particularly if you use two step authentication.
Are you insane?  Mt. Gox and Cryptsy have already proven that exchanges are not trustworthy.  Regulations for altcoin exchanges haven't got better, and exchanges have a terrible history of being incompetent and/or running off with their users' funds.

I'm 100% certain that the coins in my TREZOR, with my seed in a bank deposit box and buried in a safe location, with passphrase protections for different parts of my funds and several hidden wallets, with the protection of a PIN which gets exponentially tougher to guess as an attacker tries, are much more secure than Bittrex.  

A promise to "try their best" is no guarantee that they will follow through, either.
why the freeze so early? this is the only exchange that's doing this at this point isn't it?
They've given up on it.  Read my above post.
4618  Economy / Service Announcements / Re: The lagest Bitcoin mixer is about to stop working on: July 24, 2017, 08:51:45 PM
Can you please make sure that for at least one year or two the domain name won't be dropped also, as I doubt the renewal fee would put a financial strain on you ?
By this we can make sure that the name won't be acquired by someone with the intent to profit (scam) based on your hard earned reputation.
This is one of the most important things Bitmixer has to do.  Their domain expires in just a couple of months, so anyone registering it could scam masses of people on Reddit, Bitcointalk, Slack and basically everywhere.  They already do it with copied sites on slightly different domain names, so imagine what power they'd have on the real domain.

Note: I've never used BitMixer so I won't miss it's services. One of the reasons for not using it is that the coins I get back are most likely from someone who's trying to hide worse things than me Tongue
When you used Bitmixer, they would give you a "Letter of Guarantee" (mentioned here) so that you could prove that you sent funds to their site (signed message from their address + signed message from you = proof).

If the authorities came knocking, you could just prove to them that you sent your funds to Bitmixer, and therefore that the tied coins were not yours.

As for Bitmixer shutting down because they believe in transparent transactions - oh, woe is me.  I suppose I'll have to use mixers which are exactly the same as them or sometimes better.  What a shame.
4619  Other / Off-topic / Re: how big is your bitcoin 'float'? on: July 24, 2017, 05:34:45 PM
EDIT: I guess you're referring to the definition of petty cash float, as it relates to money kept on hand for small and/or immediate spending needs.
Yep.  It's 100% obvious what he's talking about if you just read the two lines that he posted, but I guess you had to be pedantic and talk about the exact definition of the word "float" instead.

Personally, I keep about 0.1 BTC on my TREZOR, in a separate account to my savings, for any BTC spending opportunities that pop up.  If I'm considering alts, I tend to dig into my savings - the 0.1 BTC is more spending money for merchants and to donate to websites if necessary.

Whenever I need to do something significant though, I can easily just convert some alts into BTC or dig into savings.
4620  Other / Politics & Society / Re: To save paper .... why doesn't LGBTQICBXBXVCU just call themsleves not straight? on: July 24, 2017, 05:02:22 PM
Note - if you search for lgbtqicbxbxvcu on Google, you'll find that this thread is the only place where that is mentioned.  You just made it up on the spot as a dramatic straw man.
True. "Not straight" would probably offend the "asexuals". Grin
Asexuality is a real thing.  As with all sexual identities, it shouldn't require tens of years for everyone in society to become individually acquainted to the term, because it's just a word that people use to describe their identity for as long as it suits them. 
First it was just LG, then it became LGB, and later LGBT. Now it has become LGBTQ. In the future, they will include pedophiles and people who indulge in bestiality.
So basically, you're comparing gay people and tolerance of two consenting parties doing what they want to paedophilia and bestiality.  Real classy.

At first I thought Q meant "queer" too. Turns out it meant "questioning". I suppose "gay" is already "queer" anyway. As for BIs, they seem to get the short stick despite being listed in there. Heard "BI shaming" is a thing in pride parades.
Sometimes it means queer.  Depends who you ask.  But I've always considered it more useful when it means questioning.
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 ... 285 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!