Bitcoin Forum
May 30, 2024, 09:16:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 »
61  Bitcoin / Bitcoin Discussion / Re: And the Black Belt in Bitcoin News Plagiarism Goes To Cointelegraph -NewsBTC on: November 17, 2015, 11:24:47 PM
If it's true then newsbtc could hire a lawyer to sue cointelegraph for breach of copyright. It would probably cost $1000 to start suing but if they won they could get cointelegraph to pay the fees. Besides the compensation it could be worth bothering to stop cointelegraph doing it again. I doubt they will stop unless forced to.
62  Economy / Speculation / Re: what is the smartest bidding strategy for nov.5th auction? on: November 01, 2015, 11:36:26 AM
After the first auction the price crashed from the 600 the winner is guessed to have paid, and its never recovered. After the second auction the price went up so buyers profited. If this last auction came at a low point in Bitcoin's price the winners would probably profit as the price bounced back up. As it stands the price has already risen and must continue to rise for the winners to profit, unless they pay considerably below market price. I wouldn't personally risk putting bids on at market price in case Bitcoin heads back down.
63  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 01, 2015, 11:16:06 AM
arbs can can only move so much from one side to the other before their funding gets exhausted .... then they need the arb to go the other way to move the funds back ... seems like moves like these and weekend fiat transfers have exhausted everybody.

Yep. Tomorrow fresh fiat will hit exchanges and the gap should close a bit (at least that gap between Bitstamp and Bitfinex).

Personally I'm looking if it is possible to convert Tether USD (Bitfinex) to Ripple USD (Bitstamp). If the gap continues this could bring some money  Smiley

You had to give Rippletrade your KYC documents by yesterday at the latest to continue using the wallet. You can buy and sell Bitstamp Bitcoin IOUs on Rippletrade, but I don't know if Tether USD has been integrated yet. I haven't used it lately partially because they started asking for KYC, and partially because the client freezes on my computer.
64  Bitcoin / Bitcoin Discussion / Re: The Greatest Bitcoin Invention Ever! on: November 01, 2015, 11:05:03 AM
I think more would be willing to spend two cents to remove an ad

Haha, yea....absolutely true. Fill in any really annoying marketing gimmick and you'll find people that will pay to not have to deal with it. What about paying to not get all the trash marketing mail in my physical mail box? What about paying to not get all the trash marketing mail in my email inbox?

More to your original idea, i'd pay money to only see the content I want (rather than having to sift through a bunch of garbage I don't want.)

I wouldn't pay for the privilege of making comments and I rarely want to read comments left for a video, most of them are garbage. The OPs idea might stop people leaving any comments at all, which is fine by me but it wouldn't make any money for the site. On the other hand disabling the coding that lets people post comments in the first place would achieve the same result.
65  Bitcoin / Bitcoin Discussion / Re: what do you think about Bitcoin, Visa, Mastercard and Paypal on: October 17, 2015, 12:22:04 AM
I think that bitcoin will be the future of online shopping. At this point though, I think that Visa and Mastercard are still better as more people know about them and more people use them. I think that as more people start learning about bitcoin, they will realise that it is safer and more convenient. Then they will actually start using it.  Grin Grin Grin

I don't want to give my credit card details online in case they get stolen. I'd rather use Bitcoin to pay. As more merchants start accepting Bitcoin more people could start refusing to give their credit card details. It's supposed to be secure but I keep on reading about cases of people's credit card details getting stolen and used to make purchases.
66  Economy / Speculation / Re: Price rise? on: October 17, 2015, 12:14:09 AM
The rise might be due to the Overstock news. A subsidiary created a system for dealing in stocks using the Bitcoin blockchain. Last Tuesday a hedge fund used it to borrow $10 million of shares in stocks through the Bitcoin blockchain. Overstock has applied to the SEC for permission to expand its system, and if the SEC agrees it could take Bitcoin to a new level.

http://www.wired.com/2015/10/hedge-fund-borrows-10m-in-stock-via-the-bitcoin-blockchain/

Quote
a company called Clique Fund used the bitcoin blockchain to borrow $10 million in stock.

......

Through a new operation it calls TŘ.com, online retailer Overstock.com and its freethinking CEO, Patrick Byrne, have built a system for issuing, buying, selling, and even borrowing stocks and bonds on the blockchain. On Tuesday morning, Clique Fund, a hedge fund based in New York City, used this system to borrow shares in the 30 stocks that make up the Dow Jones Industrial Average.
67  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 07, 2015, 12:00:18 PM
China decided to go to the moon alone  Grin
6$+ between Bitstamp and China.

I hadn't checked the Chinese markets until you posted that. Wow, it's well over $250 on OKCoin, Huobi, BTC100, BtcTrade, BTCChina, and BTC38. Last night I was waiting for China to wake up and pump the price. but I gave up and went to sleep. They did it, just not on the western exchanges yet. There must be arbitrage opportunities buying on the western exchanges and selling on the eastern ones. It's just a matter of time until the west's price catches up with the east's.
68  Economy / Speculation / Re: Gemini's launch and impact on Bitcoin price on: October 07, 2015, 11:37:50 AM
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Traders will buy extra coins to sell on Gemini. The closer it gets to launch time, the more coins they will buy. Of course some traders always will sell for a small profit after any pump, so we had a small correction earlier on. Price rarely rises in a straight unbroken vertical line for long. In the long term the Gemini launch will mark the start of a sustained price rise.
69  Economy / Exchanges / Re: Anyone else having Polonex Connection Issues? on: October 07, 2015, 03:55:02 AM
I'm having no problems either. I tried accessing that link you posted and the main page loaded the same as normal in chrome. Your browser's SSL certificates might need updating. Trying the newest browser might fix the problem.

I did have some kind of similar problem years ago, and it was due to my firewall being so aggressive that my windows operating system couldn't update something to do with SSL certificates. I tracked the problem down in the event log of my control panel. You can get there by clicking control panel > system and security > view event logs (under the administrative tools category).
70  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2015, 12:35:08 PM
I must be honest and say hodling Bitcoin has always been a kind of gamble as it could drop drastically or it could go to the moon.

But yes, it is boring now. I did enjoy the price swings even though it's been mostly down!!

After the winter gets started in earnest the price might become more volatile. In the summer everyone's too busy going on holiday to bother with Bitcoin. Once it gets colder and everyone's stuck indoors at night more people might start taking more of an interest in trading. That could push the volume up and produce bigger price swings like in January last year when it was too cold to go out.
71  Bitcoin / Bitcoin Discussion / Re: Satoshi is back ? on: September 27, 2015, 12:25:27 PM
/u/btcthwy recently signed ownership of another address holding fresh coin of early February 2009...
This btcthwy guy is very mysterious. Someone said he is from Australia...

https://www.reddit.com/r/Bitcoin/comments/3ln77n/coinbases_from_feb_3_2009_just_moved_for_the/cvbnguk

Either he's from Australia, or wants it to appear that he's from Australia. You can run Bitcoin wallets through VPNs that hide your real location, and some VPNs let you run through Tor, then run through their VPN so they have no way of identifying your location. Whoever btcthwy is he would probably want to hide his identity because someone said he sent some of his early coins straight to a dark web drugs site. Anyone doing business with those type of sites would want to remain anonymous. If it's true he sent his coins to one of those sites he would certainly want to hide his identity.
72  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM Invades Privacy ( BitXatm ) on: September 12, 2015, 04:35:24 PM
There used to be Bitcoin enthusiast meetups where people could buy and sell Bitcoins. Do they still have them anywhere? The sound like your best bet for buying Bitcoins without KYC. I assumed the Bitcoin ATMs that only required a mobile phone number did no significant KYC until I read they can scan your fingerprints when you touch the screen. That kind of sneaky KYC is worse than the straightforward stuff because you would be unaware of it.
73  Bitcoin / Bitcoin Discussion / Re: Right where he belongs - on: September 12, 2015, 04:23:44 PM
What I don't get is how he ran away from France to avoid arrest there, yet managed to get Japanese citizenship, or at the minimum the right to work and live there. Doesn't Japan have a vetting system for foreigners who want to permanently live there? If you want to go to the USA for a few weeks they want to know if you have ever been arrested, and you have to provide all kinds of government reports like a criminal record check.
Only if you are from some dumb-assed place like Lebanon.  French people - even the crooks come into the US all day long.

Not true. I know someone from western Europe who had to go through all that crap to get the right to work and iive there. He had to go through even more crap after that to apply for a green card. I know he was terrified of getting any kind of criminal conviction, and even getting arrested and released without charge because he had to supply government reports showing any criminal record, and also any arrest record.

How could MK get any government criminal record reports from France if he was due to be arrested there if he went back?
74  Bitcoin / Bitcoin Discussion / Re: Right where he belongs - on: September 12, 2015, 04:01:46 PM
What I don't get is how he ran away from France to avoid arrest there, yet managed to get Japanese citizenship, or at the minimum the right to work and live there. Doesn't Japan have a vetting system for foreigners who want to permanently live there? If you want to go to the USA for a few weeks they want to know if you have ever been arrested, and you have to provide all kinds of government reports like a criminal record check.
75  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2015, 07:49:28 PM
The longest proof of work chain is the consensus mechanism.  

You keep spreading this falsehood. While it is not exactly wrong, it's not perfectly right either.


Not really. "the longest chain" is ambiguous. It should really be "the longest valid chain", and then you need to define which coin's concept of "validity" you're using. Every client follows the longest valid chain - that's precisely how they decide which chain to follow.

So assuming the question is "will my node follow the longest valid Bitcoin chain?", then the answer is "no" for XT once BIP101 is activated. At that point XT stops following the longest valid Bitcoin chain and starts following the longest valid XT chain, whereas the answer is "yes" for Bitcoin.




It's my understanding that neither of these assertions is true in Bitcoin XT.  XT changes the consensus mechanism significantly:

Another less cited new feature of the XT client is a change to chain selection/consensus rules. XT clients don't follow the longest chain, they follow the chain with the highest XT checkpoint embedded into it.



Exactly what is a checkpoint and how is it embedded in the blockchain?

How does the XT wallet decide which chain to embed a checkpoint into, and how does it decide what height to embed a checkpoint at?

How does the XT wallet decide the frequency and time to embed checkpoints at?
76  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2015, 06:22:21 PM
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?



That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.
77  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 27, 2015, 10:08:15 AM
Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

78  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 10:56:35 PM
I'm sure this won't last long enough for me to get my euros to the exchanges.

Between my bank dropping me because I'm dealing in bitcoin and my exchange dropping me because I'm American it isn't the easiest thing to get bitcoins these days.

But when I do get my money to one of the exchanges, hopefully the price is in this range. I won't hold my breath though.


If you can still get access to your fiat you could try running round all the nearest Bitcoin ATMs tomorrow. A number of them are open on Sundays and only require a phone number to make purchases. They generally have high fees but it's a fast way to get Bitcoins. I don't think the price will go significantly up until after tomorrow at the least.
79  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2015, 09:11:03 PM

Wow, JorgeStolfi actually has some sound advice finally.

It's not that your passphrase isn't awesome, but most websites and logins that have a password cannot be hacked because it is difficult to determine that password due to restrictions on repetitive guesses. When I graduated college in 1997 I wrote a quick program to guess passwords by a simple changing of letters in a large string of characters just to see how easy it was to figure out my own password. A quick program at the processing power of the time took less than 30 minutes for a seemingly strong password. Back in that day you could continually try passwords no problem, the server would not kick you out. As I am not a hacker, that's about the furthest I went into the hacking world.

With brain wallets there is no server side prevention for guessing as many times as you want to guess your pass phrase. If it is not more complicated than a private key, it will be guessed.

Gizmodo published the top 25 passwords of 2015 and how much their ranking had changed from 2014. The top one for both 2015 and 2014 is "123456" and number two is "password". Easily memorable (and guessable) passwords are inevitable because anything strong is impossible to remember. How many brain wallets use these awful passwords?

http://gizmodo.com/the-25-most-popular-passwords-of-2014-were-all-doomed-1680596951

1. 123456 (Unchanged)

2. password (Unchanged)

3. 12345 (Up 17)

4. 12345678 (Down 1)

5. qwerty (Down 1)

6. 123456789 (Unchanged)

7. 1234 (Up 9)

8. baseball (New)

9. dragon (New)

10. football (New)

11. 1234567 (Down 4)

12. monkey (Up 5)

13. letmein (Up 1)

14. abc123 (Down 9)

15. 111111 (Down 8 )

16.mustang (New)

17. access (New)

18. shadow (Unchanged)

19. master (New)

20. michael (New)

21. superman (New)

22. 696969 (New)

23. 123123 (Down 12)

24. batman (New)

25. trustno1 (Down 1)
80  Economy / Exchanges / Re: Cryptsy having problems. on: August 08, 2015, 12:00:13 PM
I reset my password and then tried to change it to something else. Multiple times it didn't work.

I then decided it was best to withdraw all my coins and they are all stuck "pending".

Opened up a support ticket.

They really are annoying and have some really strange rules. Like autolocking an account after 6 months, yet it also happens within that timeframe, cryptsy is getting more and more absolete, especially when looking at biitrex or Poloniex, much much better and faster in service!

I didn't know about the lock they put on your account after six months without activity. How many other people don't know about it? They should have a warning in giant letters about it each time you log in so everyone's sure to know the rule. I moved most of my coins out of Cryptsy already but now I'm moving the rest.
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!