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4621  Alternate cryptocurrencies / Altcoin Discussion / Re: Will actual country wide commercials boost crypto? on: April 28, 2016, 12:44:38 PM
And it's also good to see our campaign is already producing the expected results! The largest business paper in Iceland puts us on the frontpage with a cover story: Auroracoin Returns.

http://vb.is/frettir/auroracoin-snyr-aftur/127243/



Now that is good news! Have you had a lot of Icelandic merchants signing up to your payment processor?
4622  Alternate cryptocurrencies / Altcoin Discussion / Re: btc-e adds new trading pairs: eth and dash on: April 28, 2016, 12:37:03 AM
What a joke adding dash scam. Are BTC-E even that big news these days?

I'm pretty sure anyone who wanted a sack of scam coins could have picked them up in the last 2 years.

BTC-E adds coins that provide incentives pay them bribes to be listed.  That's why Novacoin is there.



Novacoin is there because it is an old coin - early 2013. Back then there were only a few dozen alts, and BTC-E listed them all (and then delisted the non performers). Then in about Oct 2013 they stopped adding new coins. So lots of coins that had a lot of volume at one point (Doge, Blackcoin, Dash, etc) didn't get listed.

They were concentrating on the Bitcoin market - but seem to have decided to get back into alts again.
4623  Other / Politics & Society / Re: The Trouble with Cloudflare! #DontBlockTor on: April 28, 2016, 12:19:38 AM
If bad actors hadn't ruined things for everyone by DDOSing sites, sites wouldn't be using CloudFlare.

P.s. Project Honey Pot is usually pretty reliable and finds IP addresses that usually try to repeatedly log into sites via bots, using different password combinations. So it is understandable that CloudFlare uses that service.

Project Honey Pot is online and you can check if the IP you are using is clean or not:

https://www.projecthoneypot.org/search_ip.php
4624  Alternate cryptocurrencies / Altcoin Discussion / Re: Stellar to give away 19 billion lumens to bitcoin holders on: April 28, 2016, 12:10:32 AM
This is the equivalent of Bernanke helicopter money.  Currency is collapsing because nobody wants to use your premined coin as a store of value?  Last resort, give it away for free.

Yeah. But I expect people will claim their free coins anyway.  Smiley
4625  Alternate cryptocurrencies / Altcoin Discussion / Stellar to give away 19 billion lumens to bitcoin holders on: April 27, 2016, 11:45:20 PM
http://www.ibtimes.co.uk/stellar-give-away-19-billion-lumens-bitcoin-holders-1556899

Quote
Stellar.org, the non-profit technology provider aiming to connect financial institutions using consensus-based cryptography, has announced it will be giving away 19 billion of the network's native currency, lumens, to holders of bitcoin.

The lumens will be distributed in several rounds, said Stellar CTO Jed McCaleb in a blog post. The first round will include three billion lumens, and will follow a snapshot of all coin balances taken on 4 July. The lumens, which constitute 19% of the initial lode in existence, will be distributed in proportion to how much bitcoin individuals are holding. On 5 July Stellar will publish a claim page, allowing bitcoin holders to verify that they control a given bitcoin address and send that address's share of lumens to a Stellar account.
4626  Alternate cryptocurrencies / Altcoin Discussion / Re: Anatomy of the Bitcoin Scaling Debate, Part I: Bitcoin XT and Classic on: April 27, 2016, 10:39:10 PM
That's a good write up. I'm not up to speed with how the take up of Classic is going. I did see a thread on reddit which said that some of the payment processors were thinking of setting up their own mining pool because they were were frustrated with the Chinese miners - would love it if you could write about that in your next article.
4627  Economy / Exchanges / Re: deposit/withdraw using btc-e on: April 27, 2016, 02:56:19 PM
who is BTC-e? where are they located, what's the company name, are they financial licensed? you should think about that before you put trust your money in? Smiley

Well, they're only the oldest standing exchange around.  Smiley

It's true that nobody knows who runs them - but it is also true that people haven't had their funds stolen from their exchange, and when thieves try to deposit stolen coins there, the coins get frozen and returned.

Whereas with both MtGox and Cryptsy, people knew who owned them, where they were located etc, and it still didn't protect from losing your coins. Sometimes reputation for honesty matters more than all those other things.
4628  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: DASH added to BTC-E. Monero not on: April 27, 2016, 02:40:17 PM
Maybe they thought Poloniex has cornered the Monero market. I guess we should all watch and wait they might add it later, and they might even ditch Dash if it doesn't really perform well in the one way that counts for the (volume of trades generating fees).
4629  Bitcoin / Bitcoin Discussion / Re: 291.2409 BTC for a 0.0001 BTC transaction . on: April 27, 2016, 02:16:32 PM
So what happened then? I think this is really important that gets clarified. What the hell causes this? can anyone explain it in a clear way?

We can't be depending on people's benevolence to return funds. And once we have confidential transactions and coin join active it will not even be able to know what the hell happened. We need the increased privacy but we need to fix this too so this doesn't happen again.

They got the fee box and amount box mixed up and put the wrong amounts in each. And unfortunately the wallet did not do any validation or give them a warning. This is a flaw in the wallet, and should be fixed - it's not hard to program a simple validation check where if the fee is larger than the amount you are sending you get a warning before you proceed. Or validate to compare the fee to the average fee, and if it is higher, issue a warning. This is not rocket science - online banking does validations to prevent user errors all the time.

earlyer in this topic, shorena  already pointed out that a lot of wallets already have this kind of validation.

:
Use a better wallet. E.g. Electrum shows a pop up before you send the already signed(!) TX. Not by default but it can be set if you are the kind of person that is likely to send 200 BTC as fee. Bitcoin core outright refuses to send TX with a fee over a certain amount. 0.1 BTC IIRC. Im sure many other wallets have protection against this as well.

So they were using an out of date wallet?
4630  Economy / Exchanges / Re: Coinbase vs Circle? on: April 27, 2016, 02:13:40 PM
I don't like either, you have to jump through too many hoops to get verification. That said, for Americans, Coinbase works well because they've integrated it smoothly with the banking system - so easy to deposit fiat, you don't need to do CHAPS wire transfers with those types of fees.
4631  Alternate cryptocurrencies / Altcoin Discussion / Re: btc-e adds new trading pairs: eth and dash on: April 27, 2016, 02:03:21 PM
BTC-e probably doesn't add coins on a regular basis in order to avoid stuff that happened to cryptsy (if their story is true).

They only use seriously vetted software to make sure nobody gains access to their systems through leaks in the wallet software.

Not sure why they added dash, but then again, it is one of the higher volume coins so that is probably the reason.

When BTC-E started (back in 2012 I think), they added all the alts in existence at the time, even devcoin was there. I think the last alt to be added  was Feathercoin in 2013, and they removed some of the older non-performing coins.

Then they stopped adding coins. Doge started in Dec 2013, when that huge bitcoin surge to $1000 was building, but I think BTC-E decided that Bitcoin was going to break out and there was no more need for alts, and refused to add any more (and didn't add doge).
 
So it means they've changed their mind in a fundamental way - they arn't sure that Bitcoin is going to win, and they're hedging their bets...

All we need now is for Coinbase to add alts and we know that there is trouble brewing for BTC.
4632  Other / Politics & Society / Re: BERNIE SANDERS, WEIRDO IN CHIEF on: April 27, 2016, 01:31:23 PM







They're still asking for money? People should stop giving till he accounts for why he's wasted what he's received already. I'm amazed he's not being called out for this - but I guess his campaign managers want to become millionaires from the commission they make placing broadcast ads.
4633  Alternate cryptocurrencies / Altcoin Discussion / Re: Will actual country wide commercials boost crypto? on: April 27, 2016, 01:25:08 PM
Back in 2014, they distributed 281,000 coins in Iceland:

http://www.coindesk.com/price-iceland-auroracoin-fall-50-bitcoin-airdrop/

But the Icelanders just sold them immediately and the price dropped. No-one bothered to start an actual economy (shops accepting them etc).

I think that was always going to happen at the start. Takes time for new tech to become viable in the minds of most people. Now hopefully it can start to grow over time there. It's good they are still trying anyway.

But did they actually spend the last two years getting shops and supermarkets on board? Or have they not done anything all this time, but suddenly decided to wake up and cash in on the trouble the Iceland govt is having with the Panama papers this month?
4634  Alternate cryptocurrencies / Altcoin Discussion / Re: btc-e adds new trading pairs: eth and dash on: April 27, 2016, 01:21:28 PM
This is actually big news - I think it's the first time they've added new coins since 2013. They didn't even add doge when it was really popular.
4635  Bitcoin / Bitcoin Discussion / Re: 291.2409 BTC for a 0.0001 BTC transaction . on: April 27, 2016, 01:18:03 PM
So what happened then? I think this is really important that gets clarified. What the hell causes this? can anyone explain it in a clear way?

We can't be depending on people's benevolence to return funds. And once we have confidential transactions and coin join active it will not even be able to know what the hell happened. We need the increased privacy but we need to fix this too so this doesn't happen again.

They got the fee box and amount box mixed up and put the wrong amounts in each. And unfortunately the wallet did not do any validation or give them a warning. This is a flaw in the wallet, and should be fixed - it's not hard to program a simple validation check where if the fee is larger than the amount you are sending you get a warning before you proceed. Or validate to compare the fee to the average fee, and if it is higher, issue a warning. This is not rocket science - online banking does validations to prevent user errors all the time.
4636  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof-of-Stake [POS] on: April 27, 2016, 04:03:55 AM
Unfortunately you can only find out the difficulty of a coin after you have downloaded the wallet and spent a few days syncing it. As far as I know there isn't a website that lists difficulty of PoS coins the way they do for PoW coins.
4637  Other / Politics & Society / Re: Is Hillary Clinton Trustworthy? on: April 27, 2016, 03:54:57 AM
Maybe if she gets the support of members of this forum, she will be happy to spend a little money to get vote.

She would have tried, but the demographics of this forum are not that attractive. Of the American users, more than 95% are white males, who are likely to support either Trump or Sanders. And most of them are ideologically-motivated. That means that even if Hitlery spends quite a bit of money, she won't be able to win any significant number of votes.

Plus $1 million doesn't go that far, most of it will have been spent on Facebook.

Meanwhile Bernie's campaign was airing television ads in Baltimore, not only after the polls closed, but after the results had come in showing he'd lost. He's just berning through all that money on pointless ads anyway. The man is a fool.


I don't think bernie is a fool. Rather his followers, going broke for this chimera, are. Fragile, dangerous mental state for a lot of them even.





Well yes, his followers are foolish. But so is the Sanders campaign team, booking ads for after the polls have closed and the results announced! You can control which time slots your ad airs! All I can think of is that his campaign manager gets commission for placing those ads and doesn't care as long as it is making him money, and Sanders is too stupid to realize what is going on.
4638  Economy / Economics / Re: How much bitcoin did you earn per day and what kind of method did you use? on: April 27, 2016, 03:48:41 AM
my method is simply buying low and selling high alongside day trading if there is enough volume and volatility. on these days i can make around 0.10btc per day. but as i said, only on days with enough volume and volatility.

please teach me on trading sensei. please Smiley)

Nobody is going to teach you trading. It is a zero sum game - for one person to win, the counterparty has to lose. If everyone had the winning strategies, there would be no counter party on the other side of the trade to take the loss.
4639  Economy / Speculation / Re: A correction is incoming! on: April 27, 2016, 03:44:14 AM
Looking at the books, it's obvious there are lots of people ready to take profit from the recent rise in btc price. We'll see 445 soon.

There might be a small correction, but it will rise again  - this is the halving pump, and it has a way to go. It won't break till June when people cash out just before the halving.
4640  Bitcoin / Bitcoin Discussion / Re: Unluckiest transaction ever? 291 BTC miners fee, mined by BitClub on: April 27, 2016, 03:41:58 AM
Seems like a bitfury person posting on behalf of BitClub said they'll return the coins if the sender requests them and goes through verification... Is this an official account?

https://www.reddit.com/r/Bitcoin/comments/4gkira/hey_bitclub_network_will_you_do_the_right_thing/d2imz2b

I hope it's true - that's an awful thing to have happened.

Perhaps wallets need to do validation - for example, if the fee is greater than the amount being sent, a simple warning message should come up saying "Warning fee too high, do you want to go ahead"? Most mistakes like this can be prevented with simple validations.
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