Is there a current list of nodes? The wallet doesn't want to find the network today... We had a seed node down earlier today. You should be okay now by restarting your client. |
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Maybe the title isn't as obvious as i want it to be, i wanted to know from people already investing in cryptocurrencies how to decide/research which coin is worth the money and which is not, what does it take for a coin to look successfull, strong code? Dev support? Most importantly, how to decide where to invest rather than taking advice on what to invest into.
The heart of any cryptocurrency can be found in the spirit of its community. Therefore, look carefully at the community. |
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I read all these threads about coins becoming officially dead. However, most of these threads are FUD. When does a coin become official dead? Is it when the developer stops developing? Is it when the coin stops trading on major exchanges?
An altcoin officially becomes dead when its blockchain stops advancing. That is the heartbeat. |
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can someone explain me the purpose of altcoins, please ?
This is like someone asking, "please explain the purpose of automobiles?" Consumers need choices, and competition brings about better products. Just imagine if every car traveling down your street was a Ford Escort. The bitcoin protocol is just like the invention of the combustion engine. Bitcoin is the Ford, and altcoins are the various makes and models powered by this protocol. Make no mistake. Fiat currencies have been obsoleted. All existing capital will be transferred into cryptocurrencies sooner or later. The banks of the future will manage the private keys of their customers.  |
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I think I'm most tired of my friends and family asking: "Isnt that illegal?"
This does still seem to be a problem. The other day I entered a periscope room and asked the broadcaster if she had ever heard of the bitcoin. I was just trying to think of some small talk. Her eyes lit up with much fear and she moved rapidly and blocked me.  |
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yes it may happen but i think bitcoin has reached to a level where it is difficult for any other cryptocurrency to replace it or reached to its level because it takes a huge time to evolve and bitcoin takes almost 10 year to reached this level. in other words we can say that it is the mother of all cryptocurrency.......
very difficult for me. because bitcoin is an icon of the digital currency today. all depends on the price movements of bitcoin. so I conclude that bitcoin will survive and remain will be a digital currency that is most widely used. It doesn't depend on price movement, it depends on the proper development of the core.  Satoshi was a decent developer and he thought the block size should be unlimited. All this SegWit and Lightning code might be fine and dandy running on an open chain. But choking off the main chain is hurting the growth and adoption of the currency. The blocksize should be 2MB at a minimum. If you do the research, you'll see the 1MB was not supposed to be static. It was intended to be a temporary solution only. If this doesn't get fixed soon, Paypal will begin looking like a more attractive option to both merchants and customers. |
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When companies like Circle and Fiverr see the gross mismanagement of the core, they probably have doubts about the long-term viability of the currency.
when it comes to bitcoin's actual functionality i'm gonna go with the opinion of the developers rather than a few companies who have little or no clue. it may not be ideal as it stands but they're the ones who know it inside out. and i doubt fiverr cares about technicalities. they just won't be getting enough business to bother. It's not a technicality when transaction fees are skyrocketing. Paypal is looking more attractive to merchants Satoshi was a decent developer and he thought the block size should be unlimited. If you do the research, you'll see the 1MB was not supposed to be static. It was a temporary solution and is no longer needed. All this SegWit and Lightning code might be fine and dandy running on an open chain. Choking off the main chain is hurting the growth and adoption of the currency. It should be 2MB at a minimum. |
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Did they give a reason why they are not accepting btc anymore? Yes. They said it was because Bitcoin is now dead. Bitcoin is obviously not dead! But if we want the business world to take Bitcoin seriously we must demand that the main chain not be throttled or crippled. Satoshi originally made the blocksize unlimited and moved it to 1MB as a temporary measure only. When companies like Circle and Fiverr see the gross mismanagement of the core, they probably have doubts about the long-term viability of the currency. |
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Because keeping private keys (by yourself) is troublesome, one of bank's services in the future will be keeping private keys for customers. They won't need to create their own currencies if they can convert enough of the population over using this system.
The customer visits bank and is provided a "bank account" which is a managed address on the bitcoin blockchain. The customer can still have personal addresses, but this address will be secured and guaranteed by the bank and have attached banking services.
That defeats the purpose of decentralization to start with and even if practiced it will eliminate the ability to access your money 24/7 which is the case with having access to your own private keys. I will like to add however that if your inability to keep the private keys safely led to this suggestion then it's better you have them saved on a Harddrive and lock the drive with a password and keep it in your personal safe or wardrobe. There will still be publicly available addresses, it's just that the bank addresses will have private keys under bank control. There are some indicators that these new banks are already in the works: http://www.coindesk.com/occ-charter-bitcoin-exchanges-special-national-bank-status/ |
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Because keeping private keys (by yourself) is troublesome, one of bank's services in the future will be keeping private keys for customers. They won't need to create their own currencies if they can convert enough of the population over using this system.
The customer visits bank and is provided a "bank account" which is a managed address on the bitcoin blockchain. The customer can still have personal addresses, but this address will be secured and guaranteed by the bank and have attached banking services.
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Sometimes when I read comments from various industry "experts" it makes me wonder how many people in the world truly understand the bitcoin protocol on an intimate level.
I mean fully know it inside and out. What do you think?
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The automobile obsoleted the horse and buggy as a means of daily transport. Email obsoleted the old snail mail system as a means of written correspondence.
Are fiat currencies at risk of being replaced by Bitcoin and other cryptocurrencies? And if so, how soon?
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What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved  It's going to take a little time. Cryptocurrency has obsoleted fiat, the world just doesn't know it yet. |
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I know there should be big difference between various countries.
A developer with two years of experience in China may earn 15,000 a month(21.75 days), or 86 RMB (~12.5 USD) an hour (8 hours a day).
The best blockchain developers can't be bought -- and certainly not by the hour.  |
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I think the worst case scenario is that bitcoin will evolve into a quasi-centralized payment system maintained by a central core authority.
That's not the case. If there'll be some abuse people simply can refuse to use it and it will die. And everyone understand it. It would be meaningless to take over bitcoin because, in this case, bitcoin would cost nothing and all your efforts to achieve control over it would be in vain Actually, end users that will make 99% of Bitcoin in future will not be equipped w/ technical understanding to protect bitcoin. And if centralization comes, it will come quietly sneaking, not shouting from the rooftops. Crippling the main chain should be the first warning sign. |
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Exchanges have no moral, they want money, that's all. Bittrex asks for 3-5 bitcoins to be listed, if you pay it, you will get listed even it is a scamcoin, lol.
That's incorrect. There are several criteria a currency must meet before being accepted, even when paying the application fee. Bittrex is looking to advance cryptocurrency globally and to seek out coins that have active development and real-use cases. |
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