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Ether's promotion is trash. It's potentially useful for some things, but at this point when you see articles like this treating price as if it's the only factor, we have a problem.
It becomes a self-fulfilling prophecy, like this:
Person 1: "Hey guys! Look at this cool new thing I found! It's called 'technology'!"
Person 2/3/4/5: "Damn dude, that's some smooth technology. I'd better buy some of that."
Person 6/7/8/9/10/11/12/13/14/15... "Wow, the price has gone up loads recently! Looks like I can make way more money off of this than Bitcoin! Oh yeah and also, technology..."
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More miner has starting to signal Segwit2x.  That's just the recent blocks. The hashrate is steady, but we'll see the blocks go >60% to match the hashrate over the next few hours. More miner has starting to signal Segwit2x. This good? We ok with this? (From long term non technical hodler) It's very bullish if it actually happens. It would also prevent a really messy UASF. |
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Lol the logic:
All Western countries are destroying entire ME countries, killing dozens of thousands of innocents civilians, few terrorists kill maybe 200 Europeans -> They are monsters shame on them kill all Muslims
A guy decides to kill 10 Muslims without any reason -> Yeah but the Muslims saw that coming those bastards
THE LOGIC
You see I doubt that those kids in Manchester or those tourists in London bombed or killed anyone. Also doubt that this guy in the van looked at his actions in a wider perspective. I guess his logic was that muslims who living between us can go rabid any time and kill our loved ones, so we should take preventive measures. Perhaps he kept watching the Walking Dead too long. BTW sooner or later we'll have to kill them all otherwise they will kill us, while cooking their rice on fires made out of paintings of van Gogh and Rembrandt. The only good thing will be that they will clean out the multikulti leftist-liberal scum from Europe as well  . , killing thousands of innocent civilians. Given no other choice because they're being screwed over by the West, some people turn to extremism. What happens after that is that the violence starts escalating because each group starts condoning terrorist attacks from their side. >Muslim person commits terrorist attack "They're horrible terrorists!" >Non-muslim person commits terrorist attack "Serves those bloody [innocent] Muslims right!" Some people's reasoning is seriously baffling. Learn your Islamic history before you speak on the subject. https://www.politicalislam.com/tears-of-jihad/As someone correctly points out in the comments section of the article: Hmm, 270 million “killed by jihad” (let’s close our ears and pretend it had nothing to do with the political and ethno-cultural tensions in any of the regions) and still less than the amount killed by the Catholic church, the Soviets and many political leaders, OTHER than Muhammad. Yet, no one mentions those statistics. And what about all the non-Christians killed in the “Christianizing” missions of Europeans? Were those the Crusades redux? By the same logic, then the British and French empires “Crusaders” as felt the “White Man’s Burden” in needing to modernize the ignorant Brown and Black men.
This website is a joke and a thinly-veiled Islamophobic rant (Christians were “martyred”, while other religionists were “killed”?). Good thing intellectuals and academics don’t listen to this kind of hogwash. You all can live in your closed little world thinking that you are important or that anyone really pays attention to your stupidity.
Currently, dramatically more Muslims are being killed by terrorism in the Middle East than Christians, because ISIS and other terrorist groups hate anyone which doesn't agree with their mindset. Your victimisation complex and your support of terrorism from non-Muslims is insane. You have crazy confirmation biases and no self-awareness. |
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True bitcoiners don't care about any wallets because true bitcoiners run their own full validating nodes, so they are not worried about what the next move of whatever online wallet they are using. Download a full node on www.bitcoin.org and stop worrying about online wallets forever. It is worth the time to download the full blockchain. I understand, and agree with what you are saying, but you missed the whole point of the article. There are many out there creating FUD, to cause panic in the market. No, I think he got the point of the article. It claimed: Of course, any Bitcoin wallet is going to suffer from the very same problems as a bank account for your fiat money: It is subject to vanishing into digital oblivion or being seized by the “wallet” service at any time, with absolutely no recourse for the owner.
...Which is just an outright lie. We can debate about whether Coinbase has been seizing users' accounts or not (occasionally they do if they suspect the users of illegal or suspicious activity, because they're a centralised service and can do this), but what's important is that a real Bitcoin wallet is trustless and cannot be seized unless a third party which you are not trusting gets access to your private keys. This is more comparable to people coming into your house and taking physical cash than it is to a bank account. Sometimes it's even safer than that, depending on what security measures you use with your wallet. |
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Xapo is doing a similar thing. Of course this is not a "wallet" in the conventional sense, more like an account, so this is just a way of them making the fees simpler for you instead of making it confusing when you're faced with unusually high sending fees from accepting loads of small transactions. You'll probably find that LocalBitcoins is not making profit (or at least not a lot) from setting those fees.
When you're using a proper wallet instead of an online wallet, just make sure not to accept loads of dust transactions anyway. LocalBitcoins is trying to remove your incentive to do this.
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> Etherium
Misspelling the name of the technology is not a very promising start of the article.
It's not even a typo either, since the letter e is ages away from i on the keyboard...
The aim of banks will increasingly be a power grab, in the same way that some online wallets are already starting to do. Coinbase tries to alleviate the pressure of transaction fees by having their own offchain transactions - people who think they're with Bitcoin for "freedom" might start using this or a bank-based equivalent, in which case the aim of Bitcoin would be lost. |
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So, as far as I'm aware, this bump, Family Guy, and Almost Human have directly mentioned cryptocurrencies on primetime TV. Are there any others you guys are aware of, and how do you feel?
There was also a reference to Bitcoin on the Simpsons, if you didn't already see it. -snip- I'd probably expect South Park or F is for Family to have references to it at some point as well. ROFL! I can see South Park, and I feel like they probably already did, those guys just have to be into cryptos. But if they mention bitcoin in F is for Family, a 1970's themed animated sitcom, my head might explode. Would be hilarious though, if one of the stoner baggage handler dudes was Satoshi. And while we are talking about it, people, if you have Netflix, for the love of God go watch F is for Family . If you can't relate, your parents were probably serial killers and the apple didn't fall far No seriously, it's great. There was a second mention of Bitcoin in The Simpsons as well. Krusty said "[I've had some] bad luck at the ponies, worst luck in the Bitcoin market..." This was Series 25 a couple of years ago so probably just after a crash. |
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Bittrex, Poloniex and Livecoin are all altcoin exchanges. None of them deal with fiat, just different cryptocurrencies. As a test I sold 1.0 ETH on Livecoin for USD. I'm now sitting on about $363 USD in my Livecoin account. That's fiat I don't know how to remove. Having just looked it up, that appears to be a recent feature. Last time I was on Livecoin there were no fiat pairs. I was thinking maybe you were confused with USDT - a centralised token which is supposed to be pegged to the dollar. You can trade with this on Bittrex and Poloniex, but not directly with fiat and you can't withdraw fiat on them. For most states you should be okay trading at GDAX (Coinbase's dedicated exchange) or on Bitstamp I've got GDAX, but I'm really looking for exchanges with more crypto options for day trading and such, and definitely at least ETH. Bitstamp is lacking in these areas. Coinbase is alright for trading with ETH, but they have a high fee of 1.49% (they don't have a spread though). |
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I have a checking account with Capitalone360 and another with a local credit union, and some exchanges let me me hook them up directly for funding/withdrawal (Coinbase, Gemini, CEX) while others do not (Kraken, Bittrex, Poloniex, Livecoin).
Bittrex, Poloniex and Livecoin are all altcoin exchanges. None of them deal with fiat, just different cryptocurrencies. Also, what's up with US banking regulations? Why are we banned from so many exchanges?
It mainly depends on your state. For most states you should be okay trading at GDAX (Coinbase's dedicated exchange) or on Bitstamp, and I would personally trust those exchanges despite all bitcoin exchanges being slow/having terrible customer support. It isn't all that hard trading in the US if you can provide ID, but if you're really have trouble you can always trade P2P on LocalBitcoins. I'm noticing a ton of exchanges who won't work with US customers at all (OKCoin, Bitfinex, Quoine, Yobit)
OKCoin is a Chinese exchange, and trust me you do not want to be dealing with YoBit. |
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Well German bankers were recently warning people not to buy bitcoin, and it's gone up dramatically since then.
Of course they'll cause loads of FUD about cryptocurrencies.
It's just like using weed killer on your garden, and the weeds are trying to tell you "it won't work! no point wasting your time and resources getting rid of us now!".
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Honestly, if you're looking for a free bot then just don't waste your time. None of them will be good enough - people just don't create these things for free. There are two prominent trading bots on this forum: 1. Gunbot. This one has a 15 day refund guarantee, and you can hold the funds (0.1 BTC) in escrow for the first 15 days if you want. 2. Cryptocurrency Automatic Trader (C.A.T). This is somewhat similar. In both cases you'll have to set which pairs you're trading with, how much you're trading with and other parameters which you would usually abide by if you were a manual trader. |
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Lunyr's trading volume is pretty low. That means that to buy a lot you might have to wait a long time, depending on how much people are willing to sell to you or what they think it's worth. Give it a few hours and make sure your order is on "Good 'til canceled" mode. If you can't do it, raise your bid. |
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Hopefully they won't be confiscating bitcoin, but who knows.
Handled properly, Bitcoin is extremely hard to confiscate from everyone. It's not likely that any major government except for dictatorships will even bother trying, since they'd have such a difficult job finding out everyone who has it and exactly how much they have. Even if they could figure that out, people could start mixing it with companies that are based in other countries and converting to other coins. Precious metals are similar. They can't be centrally taken without huge amounts of resources going into the work. |
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If I'm remembering correctly, Poloniex still has a withdrawal fee of 0.0001.
Still, I wouldn't trust them to send a transaction in a timely fashion at all considering all the complaints of delays recently.
I say just suck it up and use Bittrex. Their fee is 0.001, and it's not too bad when you're using normal amounts.
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Market cap = price x total coins in circulation.
Volume = the amount the coin has been traded in a set time frame (for cryptocurrencies, typically 24 hours).
The market cap can be misleading, as the amount of coins that are actually being traded may vary relative to the amount of coins that have been created and are theoretically in circulation. It's hard to say how accurately the market cap reflects the value of the coin, but it's usually not well.
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BIT.AC is an absolute bloodbath... There's this thread about potential bankruptcy, this thread arguing that it was an inside job and this thread questioning its legitimacy. It's an online wallet, meaning that you never controlled your funds but they controlled it for you. I believe they had an affiliate program, meaning that their costs could have exceeded what they earn from using the service, in which case they could have gone bankrupt or had some other issues. Because these wallets are not properly regulated, anything is possible and likely. |
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While I'm looking forward to seeing what a lightning network looks like, it may not be the miracle everyone's hoping for.
They've restricted the amounts you can send to 0.042 and you're still tied to on chain transactions at either end.
I don't think that matters if the thing you're spending is valuable. If we had 0.042 BTC to spend on the Lightning Network, we'd be talking about about $100 now (and probably more by the time it's implemented). On Litecoin it'll be much less, but that's fine because the LN is primarily for microtransactions anyway. Onchain transactions will always be necessary but if we're talking about >0.042 BTC for example, the fees won't be too high. |
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Long term holder and lurker here. Been in BTC since 2011 and I have been following the scaling debate closely for the past year.
I also realized that some of the Core devs weren't as trustworthy as I thought they were, and that some of them became so entrenched in their position that they failed to see the bigger picture and refused to even consider a compromise.
At this point I think it's best to look at what the code does, rather than who wrote it. Code that makes bitcoin work better should be adopted, compiled, and run, and code that doesn't should be ignored. Simple. I think Bitmain has overstepped their domain a bit with UAHF. All they had to do was ignore the 148coin fools, and make sure they keep mining smoothly on August 1. I think Jihan got scared it could work so he announced his own counter-bluff. Nobody is changing the POW for bitcoin - that's by definition an altcoin. Even Maxwell said that BIP148 is a "stupid way to create an altcoin". I suppose that UAHF is roughly equivalent. i dont think so. I think UAHF is a great way to get bigger blocks. Good chance to hold the longest chain, and even if not, the chain will attract more economic activity in the long run than segshit and blockstream. It really is hilarious how most people on the Internet just get so caught up with their preconceptions that they just make loud assumptions without backing them up with anything meaningful whatsoever. You've assumed that more people support one side than the other just because of what you think, rather than from any meaningful evidence, because you've separated "real people" from "those other people". If it doesn't hold the longest chain, it's a BITMAIN-dominated chain and it's an outrage to decentralisation - if it does hold the longest chain eventually that would be interesting to me, but it doesn't seem likely at this point. IMO this is a similar mentality that leads people to supporting BIP 148 even though the main justification that they gave for avoiding a hard fork was that it would cause a chain split. |
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They have a thread here. You can probably contact them, but they haven't been active since last month. Their whois information shows that they're somewhat new - this doesn't mean that they're illegitimate necessarily but it does mean they have less of a standing in the community. They also don't have any substantial announcements that I can find. They're not suspicious particularly but they wouldn't be my first choice. |
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True. Coinbase is not seizing accounts, nor is it doing anything particularly malicious. However, you have to wonder what exactly happens to those coins that aren't claimed within the required period. When people hold Bitcoin, they don't have to actively monitor it all the time - while I realise that Coinbase had little choice but to suspend Hawaiian accounts, I cringe a little to think they could be gaining a lot of money from people who didn't claim in time. Bitcoin holders like to feel safe that they can forget for a year or two and their coins would be safe. Did you know that if you throw $1M dollars in cash into the streets people will rush and take them all?
It's nothing like that. A comparison that I would actually make is putting money in a bank - the intermediary is trusted more than random people on the street, but Bitcoin is supposed to get rid of these intermediaries, so I'd call it a middle ground between terrible and normal Bitcoin. |
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