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621  Bitcoin / Bitcoin Discussion / Re: Bitcoin in High School Syllabus on: November 03, 2019, 02:10:24 AM
I'm actually not so sure about how good this is, I don't think that high school students should be really taught about crypto-currencies when they are just 16/17.

Could possibly be a good course inside economics though? I could see economic teachers spending 2 weeks or so of lesssons explaining blockchain technology to students.

Who is meant to teach them though? I doubt a lot of the old economic or whatever teachers are really skilled and understand Bitcoin and the technology behind it, it seems like a rushed move from France to be honest.
622  Bitcoin / Bitcoin Discussion / Re: I Just Love the Game of a Totalitarian State on: November 02, 2019, 11:57:27 PM
Damn, the sarcasm is deep in this post... Can't believe some people still don't get it though.

I did expect something like this to happen with the new blockchain announcements, if they where going to release an entire new currency in their world, of course they would need to restrict people from giving criticism on it, what did we expect?

The more and more China grows, the more and more control and suppression they can do. Most Chinese companies own huge stakes in western companies and this not only gives them control over their own countries, they are able to suppress media in the western world.
623  Bitcoin / Bitcoin Discussion / Re: BTC Sending to Gambling Site Address Question? on: November 02, 2019, 10:47:28 PM
So, his account was closed because he used Coinbase to directly send funds to a gambling site?

But you have these funds in a personal bitcoin wallet (but these funds are from Coinbase), and you are going to send those funds to his gambling site address? If it's the same address where he get depositing to before his account was closed, I'd likely avoid that in case they track 2 sets of transactions, but I honestly don't think they care or have the time to care about it.

If your scared, worst case scenario, go deposit it in a mixer and then you'll be safe.

Is Coinbase allowed to close accounts related to gambling? Is there a line in their TOS for this, it sounds pretty harsh.
624  Economy / Economics / Re: Bitcoin demand in economically volatile countries surges on: November 02, 2019, 10:08:48 AM
I think that a lot of these investors and people that are suddenly entering the Bitcoin scene see it as the only safe haven away from their own country and it's currency.

For example, with Venezuela it has been used as a replacement for their peso currency for years now, their own currency has been unstable since forever and I think it might become a permanent situation soon. Same with Argentina except they are fighting it and don't want Bitcoin to replace their currency. Hong Kong is having issues with China, so that explains it easily.
625  Bitcoin / Bitcoin Discussion / Re: How Did China Dominate Bitcoin? on: November 02, 2019, 07:06:21 AM
The same way they dominated the clothing, technology, and many other industries in the world.

China's rise to global domination and becoming one of the powerhouses of the world revolves around 3 basic things:

-A very cheap, and hard-working workforce
-Low fees to produce things due to low bills like electricity
-A strict (a probably too strict government) that regulates everything it's people do.
626  Bitcoin / Bitcoin Discussion / Re: binance.US now accepts debit cards on: November 02, 2019, 06:08:37 AM
Aren't the only accepted payment methods on Binance (currently), debit card and wire transfers? It seems most of the customers are crypto to crypto traders and aren't that big with crypto-currencies.

There are huge fees. From another new's article, I found that they usually need to wait 10-20 minutes, as well as there being a 3.5% transaction fee if you choose to use a debit/credit card - and you'll only be able to buy Bitcoin, Ripple, Ethereum and Litecoin.

Not as big news as I thought - banks are still being too restrictive.
627  Economy / Economics / Re: Bitcoin becoming a safehaven currency in Argentina on: November 02, 2019, 04:54:13 AM
Wait, so you can only withdraw 100 dollars worth of physical cash? That's crazy... Not sure what you'd be able to do with that much money.

What does the 10,000 restriction mean? They will only let you perform 10,000 dollars worth of transactions per month before they lock your account until the next month?

This is astounding... Not even for Bitcoin, but the country of Argentina in general, I'm not sure why they aren't going for a band-aid option with Bitcoin - looks like they are definitely buckling down.
628  Economy / Economics / Re: China is able to do 50%+1% attack. It means, China dominating the crypto's. Or? on: November 02, 2019, 04:13:27 AM
Their quantum supremacy is simply just words... No company has yet been able to make a computer that's able to break huge amounts of encryption via brute force.

The supercomputer Google released is something that is probably 100 times faster then our fastest PC's, but it's nothing insanely fast, and they wouldn't be showing it off if it was.

Don't worry, we won't see anything happen in the next 10 years or so, your talking about technology that literally won't be invented until decades in the future.
629  Bitcoin / Project Development / Re: Unique Poker Client Help on: November 02, 2019, 03:46:48 AM
  • an ELO rating system
  • maybe a story mode with quests incorporated in a similar way to the Puzzle Quest
  • gain XP when winning hands/games/ranking up, give bonuses for the XP in the form of character items, pet dragons, whatever
  • dueling between players, betting who wins a game of poker or a game of a coin toss

I like this first idea - elo is huge in MMOs and if that was added to gambling it'll entice a lot more people and make sure that everyone wants to keep playing for extra elo.

I think the biggest aspect you'd want to focus would be PVP fights or flips. Your able to take a direct cut out of it, and they are a lot more fun then just betting against the house - being able to fight someone means your able to basically duel anyone and having fights where damage is RNG would be cool.
630  Economy / Speculation / Re: Bitcoin's Latest "Fall" Was Manipulated on: November 02, 2019, 02:43:39 AM
wherever i look today it seems like there are a lot of people who are surprised about the "rise", which doesn't make any sense to me because there is nothing surprising about this rise in my experience.

the only thing that surprised me was the Fall!
when the market was in bull mode and the price was strongly rising and we had the reasonable correction after the $13k record, things were normal. then the dumping came and price fell, that part was surprising. when price entered the $7k range again 2 days ago it was one of the most surprising things after the $3k drop earlier this year. that drop was "manipulated".

this "rise" that we are seeing today is not at all surprising. it was long overdue and should have happened a lot sooner. we are seeing the market correction and coming back to real prices once again.
There are a lot of questions here from this one. Why and who would manipulate the price of Bitcoin to drop? Not to sound crazy... But could it be a government trying to push people out of BTC and ruin the markets?

I've always thought that if Bitcoin was ever to hit below 3k again, we'd be fucked, I reckon a lot of people would pull out and completely give up on it (except the enthusiastic one).

Prices are stable again. 10k BTC is where it's at!
631  Economy / Service Discussion / Re: Bitfinex - are you mocking me? on: November 02, 2019, 02:19:41 AM
This is quite confusing to be honest. So, basically you where asked for verification details, provided that, and then they sent you an email that you didn't respond even you did, and now your account is frozen?

Firstly try swap to BTC and withdraw, they might have messed up there.

Why if I have a successful KYC withdraw closed? Of course, I'll be glad if everything is as you write, but how much we still have to wait?I have 2 months I can not remove the eth. Or after receiving the status verified, still wait?



^^^ are these the same questions that were on the KYC questionnaire? have they confirmed via the help desk that all questions were answered adequately?

have you opened a new ticket after the withdrawals were cancelled, and did they answer? it's possible your account is still internally flagged in error and they just need to manually intervene.
Yikes... Didn't know bitfinex where such a scummy company, it looks like they are following the footsteps of other shady exchanges and are trying to overcomplicate the situation so you won't get funds back.
632  Bitcoin / Bitcoin Discussion / Re: Cobra vs Roger Ver on: November 02, 2019, 01:19:33 AM
Looks like it took him almost 2 years to go to the other side. The tweets are legit, I was able to look up his account and find them in all its glory.

I doubt his Twitter got hacked, it would need to be something that was meticulously planned and the only tweets that seem that dodgy would be the ones after DEC 2017, which showcase some support of BCASH, but not enough to a point where it's obviously the person went insane or his account got hacked.
633  Bitcoin / Project Development / Re: peer-to-peer real estate rental platform, who is interested? on: November 02, 2019, 12:43:12 AM
There's a couple of these services out there already, but they only work with fiat. Although, I don't see a lot of platforms that are able to fully deal with renting, and most of them are just to connect the tenant to the landlord.

The one platform that is able to manage bookings is only used for short rental periods, like when you are on holiday (for example, Airbnb).

I'm assuming it'll be a platform where the user would deposit funds into a wallet for their booking, and then for the funds to be released 2 people need to sign off? Otherwise, the person who is paying can just say no and you'll be screwed.

Well, yeah. There is everything out there in fiat! My goal is to create an opportunity for people to earn some crypto doing short term rental.

As far as the platform goes, yes. There is gonna be multisig wallet and we the platform act as an escrow. I have built the multisig engine (needs more refinement though) and the front end and mobile apps are under development!


I need help! Cheesy Can't do it alone!


For the record, this is not a side project! This is not a hack or simply a mean to satisfy ones crypto curiosity! I want to build real business at scale and bring value to people around the world! And until people, at scale, tell me they don' want it, I won't quit!
I understand it. Crypto is a much safer way of doing things in my opinion, especially when it comes to rental agreements and bonds and all that having multi sig as an option really changes things.

I get what your saying now. But the question is. Is it going to be 2 out of 3 people to sign off for the transaction to be processed. Or does it need all 3 of the parties to sign off?

Having 2 means that if both sides are happy your good to go, but having 3 means a lot more security and you get a closer eye.
634  Bitcoin / Bitcoin Discussion / Re: Honestly, do you guys think cryptocurrencies will be gone anytime soon? on: November 02, 2019, 12:12:30 AM
I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
It's technology. Everything we have right now will likely become redundant in a couple of years, it really depends on if it's able to adapt to the new world.

It's likely we are moving to a period where crypto-currencies are going to be a pretty big payment method and likely be able to replace stuff like paypal and webmoney.

No one knows what's going to happen in a couple years though. Everyone once thought their Sony Walkman was the peak of swag, and now they are basically long forgotten. That could be crypto in a couple years.
635  Bitcoin / Bitcoin Discussion / Re: South Korea discuss the possibility to give crypto a legal status on: November 01, 2019, 09:49:45 PM
I don't think the people that weren't taxed when they used, got paid or invested in crypto are really expecting the government to let this slide constantly.

It won't increase trading volumes or anything, but it still is a payment method and if they really want to use blockchain technology and build a crypto-country, legalising and recognising certain crypto currencies are actual payment methods and should be taxed is a tough pill to swallow, but one that needs to be done.
636  Economy / Trading Discussion / Re: Bitmex snet an email with CC to own customers. Hundreds emails exposed. on: November 01, 2019, 09:10:43 PM
If using bitmex change your password and remove funds.

More like change your emails. Passwords aren't leaked so don't worry, funds are safe. But sure changing password also helps, just to be sure.

But anyway, this is a perfect example of why you should use separate email accounts for your individual exchange accounts. Expect to see the leaked email accounts to be receiving a good number of spam and scam emails.
If Bitmex was stupid enough to leak their entire client base of emails via a rookie mistake, I'm not sure they are going to be taking their customer security and privacy very well.

I'd update your password and add 2fa just in case, especially if you have funds in the wallet - 2 minute of effort could save you a lot of money in the future.

Anyway, enjoy the new crypto spam emails guys, I have no doubt that these emails are going to be added to a new database and marketed as crypto investors.
637  Economy / Economics / Re: Binance to Open Beijing Office Amid China’s Renewed Blockchain Push on: November 01, 2019, 11:05:26 AM
Not sure if I'd call it Binance to push adoption, I'd say their motives are a lot less noble that and are way more business oriented.

There's been no exchange that has been able to dominate the global market, and Binance wants the clients and revune from the biggest market in the world.

I'm guessing we are going to see China come out with a lot of pushback, they aren't going to let this slide. We've all seen them strongarm Alipay into drop support for them. We might be looking at full out war here which would be interesting.
638  Bitcoin / Bitcoin Discussion / Re: "Game theory" free bitcoin question on: November 01, 2019, 09:37:41 AM
1abc (10btc) -> 1bcd (9.99999900) (one person)
                        1bcd(9.99999900) -> 1cde (9.99999700) (same person)
                                                         1cde (9.99999700) -> 1def (9.99999600) (same person)
This does make sense, great explanation.

Another thought popped into my mind though. Would bitcoin transactions get all simulations processed when a block gets mined (eg, block XXXX gets mined, and at the same time 50,000 transactions get processed since they are included in the block), or would there be a delay in processing transactions with the block (a block processes but some transactions get processed faster than the other ones).

If it's simultaneous, wouldn't the first person who sent the transaction, as long as it's involved in the block, it'll be processed first, yeah?

no the block creators mempool just decides to keep the 1abc->1bcd->1cde->1def as active viable transactions and just puts the
1abc (10btc) -> 1bcd (9.99999900) into a block
then the next block(s) can then contain the other transaction decendants
they do not all need to be in the same block.

plus a block can only fit on average 2500tx so again dont worry about a chain of 50,000 decendant transactions needing to all fit into one block. as long as the first viable transaction thats has an unspent input gets confirmed the funds then are in that persons possession as he is then the only owner of the private key for 1bcd
Thanks for the explanation Franky! I get it a lot better now - was a bit confused at the start since I've never been much of a technical person.

The most likely outcome is that miners will take it for themselves and pay no transaction fee. Which miner/pool gets the additional reward is a matter of hash rate.

I doubt it's likely, there's only ~10 minutes timeframe to do it, and the person who does it can't be just a regular miner, they have to be the administrator of a mining pool, and they have to quickly reassemble the block they want to mine, and then win the race against the network.

I thought it was obvious I was referring to pools.

The event will have been widely publicized, so including a sweep transaction in the mempool is trivial. At that point, it's effectively the same as 10 BTC being added to the block reward. I think offering 80% of a block's mining subsidy is enough to get the attention of most pool administrators. Maybe not, but it seems to me that miners would take it > 50% of the time. They have a significantly better chance than any non-miner, so it's rationally worth their time.
There are certain apps (there's one that works when you search up confirm BTC transaction) that do this sorta stuff, and the one I'm talking about likely works like how your saying, they charge around 50 percent of the TX but most times it's confirmed in the next block.

Sorry guys. Another question: what is marking a TX as final? Aren't all transactions able to be doublespent/RBF as long as you have the right software?
639  Economy / Service Discussion / Re: Looking GPU coolocation in the EU on: November 01, 2019, 08:17:00 AM
For example, when I was looking at 2080ti's, they where around 1.8-2.2k in Australia (depends if you buy it from eBay with discount codes, or from an official computer store), and they go for around 2.5k in Germany and Denmark.

How well did you look? A non-reference 2080ti (https://geizhals.eu/palit-geforce-rtx-2080-ti-dual-ne6208t020lc-150a-a1909911.html) could be had for 1169 EUR which was 1870 AUD a year ago.

That's mostly German stores where the primary VAT rate is set at 19%, in Denmark it would probably have been several percent more as their primary VAT rate is set at 25%. There are no import fees/duties for most electronics including computer parts when importing from China to the EU.
I haven't been looking at German prices since the RTX series came out, a lot more experience with the Danish market in recent years.

In Australia, if you buy from a brick and mortar store, the cards I was looking for which where the MSI GAMING X TRIO 2080ti's (best series of card ever, been using them for 5 years and have never had an issue with any of those cards), and they for a bit less then 2000, somewhere around the 1.9k region, 1.8k if you have eBay codes (this is AUD BTW).

In Denmark their major retailers are letting them go for around 2.2k, around a 10 percent increase in price, which is a fair chunk of change. Actually found a second hand one for 1500, bought some other parts (except case) and ended saving up 400 AUD (not including GPU)!
640  Bitcoin / Bitcoin Discussion / Re: Living Off-Grid With Bitcoin? on: November 01, 2019, 01:39:42 AM
Is it possible/an advantage to live off-grid with bitcoin?

What I mean by this is living on a rural property, perhaps running a full-node, completely independent from the existing fiat financial system. We want to remove our dependency of the banks and corrupt political establishment entirely.

Obviously, you would need electricity and a computer to run a node and connect to the network. Perhaps bitcoin is not well suited for rural lifestyle or off-grid?
I don't think you really understand the concept of living "Off-grid". Living "Off-Grid" means that you basically are self-sustainable, without any technical or material distractions.

It's basically going into the woods with the basics, and then making your own house out of your hands, and then making food and hunting for animals and food every day. No technology is allowed to be involved in this situation.
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