Bitcoin Forum
June 28, 2024, 12:29:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 »
5341  Bitcoin / Bitcoin Discussion / Re: Where is everyone? on: April 03, 2017, 08:59:41 AM
remember not so long ago bitcointalk was filled with altcoins shills who wanted to replace bitcoin?  Cheesy
now where are they?

i tell you where, getting dumped hard and prices fall like a stone.
Dash: gone down -60%
ETH: gone down -40%

the dump is real now, everyone else who didn't beieve it is now getting crushed under the whales of these coins who pumped them and now are existing.

and all the while, bitcoin has been getting stronger and stronger. and now bitcoin is back on track as we have all expected it to.

stop listening to the lies told by altcoin pumpers and stick to bitcoin.
Bitcoin is getting stronger, but ETH hasn't really fallen very much.  It's still on about $46, which is not that far behind where it's been sitting for about a week (about $50-55, it may have reached higher very briefly but its main point was around there).  I think ETH's dump will take a little while as a lot of people actually had faith in it due to manipulation from whales which is making its price increase somewhat more sustainable (although not fully).

DASH, on the other hand, was blatantly a pump from the start and only idiots put their money in it actually expecting it to be the new Bitcoin.  There's still legitimate support for Litecoin, which is a better coin than any of the main hyped ones, and I think it's great that Litecoin's price is rising as it shows a (slight) move to more stable altcoins.
5342  Bitcoin / Press / Re: [2017-03-30]Bitcoin Mining in 2017: How to Remain Profitable in Challenging Envi on: April 03, 2017, 08:52:08 AM
It is not surprising that a Coin Telegraph article promotes a pyramid scheme (BitClub Network). I assume that is the entire purpose of the article.
They probably only mentioned that it was "unpredictable" as a means of promoting something which gives people certainty (a Ponzi scheme claiming to be a "mining pool" (confusing pool mining with cloud mining itself).  I hope newbies don't get caught up in it.
5343  Bitcoin / Press / Re: [2017-4-2] Global Bitcoin ATM Infrastructure Expands in March With 53 New BTMs on: April 03, 2017, 01:13:14 AM
It's probably just because Bitcoin ATMs don't require much upkeep.  They're a very simple investment since you know that loads of cryptocurrency geeks in your area will go and pay even if you're no good at marketing or anything, plus you can charge really high fees since to lots of people it'll be some kind of gimmick so that they can show off about supposedly being different.
5344  Other / Beginners & Help / Re: Can you mine your own transactions? on: April 03, 2017, 12:27:20 AM
Basically, no.  You can only mine your own transaction if you mine a block - there's a block every ~10 minutes so as a solo miner you're very unlikely to do so.  Mining pools (collections of miners who combine their hashpower in an attempt to mine a block), however, can decide to take certain transactions in their block.  At first they'll take the ones with the highest fees, but some pools create transaction accelerators (some with a fee, some without e.g. ViaBTC) which allow you to try and fit your transaction into the next block that they mine.
5345  Bitcoin / Press / Re: [2017-03-30]Bitcoin Mining in 2017: How to Remain Profitable in Challenging Envi on: April 02, 2017, 09:39:15 AM
The article doesn't offer much useful advice at all.  It mentions that it's all based on price, which is completely obvious as soon as anyone understands Bitcoin.  It also mentions that it's based on ROI, which is even more obvious.  It also says that it's unpredictable, which is why people are actually reading the article.  No mention of how to get the lowest electricity costs, get the cheapest miners or anything else.  Worthless article.
5346  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin Unlimited = China coin? on: April 02, 2017, 09:19:37 AM
most of the miners are in China
It's not that most of the miners are in China, it's that many of the mining monopolies are in China.  It's only a few people controlling a huge amount of the hashrate.  The (quite reasonable) suggestion is that these mining monopolies, mostly based in China, support BU.  So what people mean by China coin, if they say it (which I haven't seen anyone say actually) is that it's a coin supported by people who favour centralisation, and that could never be good for Bitcoin.
5347  Bitcoin / Press / Re: [2017-04-01]Gold Supply Rises With Large Mine Discovery, Bitcoin is Better Safe on: April 02, 2017, 09:08:05 AM
Gold still has scarcity and its introduction is actually very similar to Bitcoin - at first the supply increases quickly and is easier to get, then it becomes harder and harder to get new gold and there is a total limited about (the amount that can be found in the Earth).  That scarcity also makes the value potentially higher, because for people to mine gold the value of it has to be higher than the cost of mining.

While the introduction of gold is less stable, gold also has sentimental value and is traded outside of investment circles, while Bitcoin's usage, while viable, is sometimes under question and could potentially be threatened in the future.  Therefore while Bitcoin's value will continue to rise further, investors should preferably diversify their holdings, at the very least between Bitcoin, gold and any other available safe haven assets which protect them from low interest rates and potential problems with fiat currency.
5348  Economy / Scam Accusations / Re: User "Green Apple" Tried to scam me info in the post on: April 02, 2017, 06:17:50 AM
So...Who scammed who ? I did not get it tho...hahah



Not just scamming. He is selling leaked and fake e-books. I think users have a right to know this. for example his Grade A- ebook.

It is simply not possible to get straight A's in college without studying. There is no loophole, maybe if you have really rich parents, but thats about it.

And he was also selling  exploits of a gambling website. That is why he is tagged. Very shady behaviour, which makes his other e-books very unbelievable aswell, and probably very blackhat/not working.



Keeps accusing me selling a NOT WORKING ebook without even buying or testing. Cool
Your behaviour is very shady, people shouldn't have to buy it themselves before making a judgement - obviously if you had your way this publicity about you selling a not working eBook would result in hundreds of people buying it, which makes no sense at all.

You're clearly selling several different eBooks which you certainly couldn't have written yourself within a few weeks and would be very unlikely to release in that time.  Several users have reasonably accused you of selling leaked eBooks and that won't change that no one else gets so many calm accusations on their threads.  Either you're selling leaked eBooks or I would question why you have so many enemies.
5349  Other / Beginners & Help / Re: Using LastPass as Bitcoing Users - Bad Idea? on: April 02, 2017, 06:06:06 AM
the better way is probably to store this particular sensible password on a piece of paper , stored in a safe place.

I also like this old idea. I actually have a little notebook which I keep somewhere but I just make sure that nobody can access it. Anyway, there are only two of us in my house and I am sure the other one does not know anything about the computer so I am 99% safe...except maybe if there can be a fire that can happen in my neighborhood then it can be a challenge lol. Having a good copy of our passwords is a good idea.

You could get a small fire safe and store it in there in case a fire were to occur. You'd probably also want to store it in a water proof bag or something to prevent possible water damage.
A fire safe would be waterproof in itself, so you wouldn't need to have a water proof bag.  Admittedly though I don't actually do this as it would take some effort and cost money, I just keep paper in my house.  I recognise that someday there could be problems, but I actually keep paper in two different places, one of which is outside and more difficult to access, so I know that if one is ever destroyed I can still recover my passwords.

What's important is that your passwords aren't online as that could be prone to hacking, even a browser extension.  If you can be bothered, holding your passwords offline and formatting them as previously described could be a very good idea if you keep backups.  Ideally you could just hold them on a secondary low quality PC on which you don't go on the Internet, so that you're very unlikely to be compromised, and back them up when you add new ones.
5350  Economy / Speculation / Re: Which one to buy? Stocks Houses Gold or Bitcoin or Bonds? on: April 02, 2017, 05:57:15 AM
Gold is a stable asset and is not only an investment - it should be viewed as safe storage away from fiat currency.

Bitcoin is different because its price is mostly based on its utility.  People can invest and join based on the fact that it should be deflationary, but because Bitcoin's price is mostly based on its utility rather than its physical existence or sentimental value, the price can fluctuate wildly and potentially drop too much if there were ever problems in the network.  It's also important that Bitcoin is young and has not fully matured to be a stable asset yet.

So people should only buy Bitcoin if they can handle the risks and want to enjoy themselves.  Serious investors will rightfully put their money into a variety of different investments rather than just whichever one goes up the most, because if they lose it all it could be very damaging, and with Bitcoin there's a reasonably significant chance of that eventually happening.
5351  Bitcoin / Bitcoin Discussion / Re: An idea for a compromise on the scaling debate. on: April 02, 2017, 04:31:13 AM
Unfortunately Core are not particularly willing to compromise.  Their stubbornness is really not helping us move forward, they just need to make some meaningless promises and then even if mining monopolies don't budge, huge numbers of supporters will flock to Core so that there doesn't need to be a fork, and that'll be enough to force those monopolies to eventually move over and let Bitcoin move on.
5352  Economy / Trading Discussion / Re: About trade bots on: March 31, 2017, 09:44:31 PM
It's important that the bot has a lot of manual controls and is very adaptable.  Bots that try to fully automate themselves will never be as good as bots which allow you to choose what you're trading and, to some extent, at what levels to buy and sell (like Gunbot and C.A.T).
5353  Economy / Speculation / Re: BU Jihan wu : you don't matter at all on: March 31, 2017, 09:38:24 PM
He's pretty obnoxious and his twitter is an obvious sign of that.  He has posts talking about how "interesting" and "fresh" a perspective is when it's blatantly just his confirmation bias finding articles telling him a new reason not to like Core.

It's annoying that he has any power.  Even if he supported SegWit he'd still be annoying.
5354  Other / Archival / Re: F2Pool mined a Segwit Block on: March 31, 2017, 09:10:29 PM
They're really messing with everyone now.  If they actually start signalling for it it'll completely turn around the debate though - as soon as SegWit is over half most people will know that it's the solution to go with and its popularity will go way up.  Maybe it would even stop some of the annoying FUD and Ethereum peddling.
5355  Economy / Reputation / Re: ...in case my account will be compromised... on: March 31, 2017, 09:06:44 PM
Hi all..

i read a lot of thread like "my account was compromised"..
maybe password stolen or something like that...
i read somewhere, who if a have a message signed, theymos or some of bitcointalk admin, can restore the account.
can someone, write down a simple how-to, with a few steps, for know what to do, to ensure my account???
thank you all

Have you checked out: The one thread to link them all https://bitcointalk.org/index.php?topic=1217042.0 or Stake your Bitcoin address here https://bitcointalk.org/index.php?topic=996318.0 or even The BCT PGP/GPG Public Key Database: Stake Your PGP Key Here https://bitcointalk.org/index.php?topic=1159946.0 links?

PS, notice how they glow green underline, that's your clue they are genuine links in BCT.

But from what i notice often(or maybe always), they don't get their account back. So what is the use of it? Undecided


To verify your ownership of the account.  Say for example that you post a signed message from a Bitcoin address and someone else quotes it so that it can't be deleted.  Then if your account gets hacked, you can say that it was, sign a message from the new account and show an admin the message on your old account, at which point they should give your account back as you have verified your ownership of it (and even if they don't give you your account back it'll be flagged which will remove most uses for the hacker).
5356  Economy / Scam Accusations / Re: SCAMMERS from POWERBIT.IO on: March 31, 2017, 07:22:27 PM
I don't think that this makes them a scam, it just shows their logic.  From their perspective even if you weren't in the team anymore you might still have close ties to them and bet differently (it's not very different you being on the team vs. you just having insider information).

If you talk reasonably to their support, don't insult them and preferably help them to understand your situation, you'll probably at least be able to get your Bitcoin out of there to a site that won't bother you so much.
5357  Bitcoin / Press / Re: [2017-03-31]Japan’s Bitcoin Law Goes Into Effect Tomorrow on: March 31, 2017, 07:01:47 PM
those exchanges will also be required to conduct employee training programs and submit to annual audits.
So in other words, they need to be heavily linked to the state to provide their service.

On the surface these laws look like a big step forward for Bitcoin in Japan, but maybe they're also a power grab from the state to regulate Bitcoin more heavily as China has started to do with their exchanges.  At least they're giving Bitcoin some legitimacy, I suppose.
5358  Bitcoin / Mining support / Re: Mining Bitcoin Unlimited BU on: March 31, 2017, 06:45:38 PM
If BU ever happens, mining it would be much the same as mining BTC.   Plus you'd be able to do both, so as a miner supporting Core you could just continue to mine BTC despite the hashrate of BTU (and BTC would still most likely be valuable enough for mining not to be completely unprofitable).

Pools would be the same as well if you were mining BTU, although the difficulty might be different between the two coins so what the most profitable choice would be will still vary.

Not that I expect BU to actually happen anyway.
5359  Bitcoin / Bitcoin Discussion / Re: I think the potential of BTC is over on: March 29, 2017, 08:19:15 AM
In the future,BITCCOIN Will also continue in the position of the virtual currency system Ranked first?
bitcoin is not a "virtual" currency it is a real currency. it doesn't get any more real than that.
and so far bitcoin has been and still is the onlycryptocurrency that exists. all the rest are trading toys called altcoin which are falsely using the word coin or currency in their description.

Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development.
i don't understand this sentence Cheesy

The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC
if you really think that, and if you are really ok with a centralized coin and a coin with a significant amount of premine, and a coin that has whales controlling the price and pump and dump it 50%-200% then go ahead and use them nobody is preventing you Wink

And BTC is now facing a simple Blockchain congestion problem
the only problem that bitcoin is facing is the spam attack and nothing else.

In the future, all kinds of virtual currencies rise, BTC will in no. 1?
duplicate of your first question!


Yes, BTC is indeed a pioneer, but 1 MB Blockchain, bring me a lot of trouble, but also accelerate the confirmation fee is higher and higher
it is not the 1MB block size that "brings you a lot of trouble" it is the spam attack and there is a big difference.

makes me have to choose other virtual currency for transfer of property Embarrassed
what other altcoin did you use to transfer! and who even accepts them in the world! nobody that's who Smiley


I don't think that Ethereum is going to destroy Bitcoin or anything but you're just completely in denial about how Bitcoin is doing and how it will continue to do.  Today, I sent a normal transaction of a fairly small amount of Bitcoin and to get it confirmed within an hour I had to pay a fee of more than 2mBTC.  It's really bad, and no matter how much people meaninglessly scream "shitcoin" it's not going to stop Ethereum having more than a quarter of Bitcoin's market cap, which it does.

It's not just an attack on the network either.  Bitcoin's transaction volume has been steadily going up with its price for a long time and its usage has just objectively reached its limit.  

I expected to look at Ethereum's transaction volume and conclude that the price rise is just a pump, but its transaction volume is about the same fraction of Bitcoin's as its market cap, which is very surprising to me.  It really is getting somewhere and we need to stop shouting at people who admit that (or trying to shut them up).
5360  Bitcoin / Bitcoin Discussion / Re: BTC/Seg/BTU Debate: Why I don't mind that miners will take over. on: March 27, 2017, 03:48:16 PM
There is a lot of misinformation out there (i.e. part of BU as being a closed source, which they actually stated that they will PREVENT such thing), so one has to do his own research.

I'm not familiar with the intricacies of it, but I'm probably the only one who doesn't see any problem with miners taking over.
Most people are clueless on how economy works (Andreas included).
Vertical monopoly (as opposed to horizontal monopoly) is actually a good thing,
which would probably lead to a lower fees, so it would benefit both the miners and the users.
(Think of buying a cellphone. The cellular manufacturer forces you to also buy the camera, which if you had bought them separately it would cost you more.)
Users could have BU *and* LN so they could choose the best path for them which means more options to the user. What's wrong with that?

The thing is that people are "all for decentralization" but want BTC to rule... I see it as an oxymoron.
I really don't have a problem with BTC failing. That being said, crypto world is too centralized around BTC anyway.
Everything is traded against BTC and we need some more options. If BTC fails it fails... After the dust settles we would be in a better place.
Decentralisation can mean a lot of different things.  Bitcoin is decentralised - we don't need hundreds of Bitcoin rip offs doing the same thing on another pointless network (or worse, the cryptocurrencies that are quite centralised).  There's no point going on a website and deciding whether to pay with Bitcoin, Ethereum, DASH etc when even the more original ones like Monero only make petty modifications to the network which Bitcoin should be able to make if needed anyway through the fact that it's open source.

I do agree that it's good for miners to have the choice - but they don't really, because they know that if there's a hard fork and other people don't support it they'll be mining nothing.  In reality, the economic majority makes the decision as to whether the changes will go through and miners will rightfully be influenced by that majority (which is why, despite Bitmain and others' attempt to manipulate that economic majority with their mining monopolies, Core will continue running Bitcoin).

Why are you guys so emotional about Bitcoin?

Quote
doing the same thing on another pointless network

You know better than that... Does ETH a pointless network?
ETH is sort of an exception, but even then not fully.  Bitcoin is supposed to capable of change and adapting to different situations.  If everyone ran off every time there was a problem (which they don't, fortunately), then everyone would have to convert all their earnings to a new currency every few weeks and potentially lose all of their money in the process.  Even though ETH makes some useful contributions to the blockchain technology which Bitcoin is likely to not use, with most cryptocurrencies it's strange that they result in people arguing for the cryptocurrency itself rather than for any of those changes to be made to the supposedly adaptable Bitcoin network.
Pages: « 1 ... 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] 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!