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Bittrex has increased its listing requirements lately and also its process for vetting new coins.
Basically, if a coin is traded on their exchange you can be sure it's an actively maintained currency w/ decent volume.
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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.
Don't see any possible way the network could be completely stopped unless we had a apocalyptic global event.
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I've worked the past 4 years in the cryptocurrency industry as System Administrator for GoldCoin. Today, I decided to get serious about LinkedIn and to start building my network. If you have a cryptocurrency background and/or blockchain work experience, and would like to connect, please send me a request here: https://www.linkedin.com/in/microguy I receive calls every day from people all over the world looking to do business in bitcoin/blockchain. In the past three days alone, I've had business clients from 3 countries inquire about having worked performed. Let's connect today and build a relationship while we work together to provide blockchain solutions to the business world. If interested, please send your request here: https://www.linkedin.com/in/microguy |
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I'm watching a transaction come through, still pending, but it's showing more than 686,000 confirmations. Why does the blockchain require that many transactions? It seems completely over-necessary, which makes me believe the system lack efficiency. Do we have that many miners trying to vie for the same transaction confirmation (is the miner network that large)? The transaction was for less than BTC0.015.
Any thoughts are appreciated, thanks.
Transaction ID please? I'd like to see this beauty. |
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Hi,
I have been wondering if there is a name for cryptocurrency enthusiasts or cryptocurrency holders ?
I think it depends on the context of the conversation. Often times you will hear the term "adopter" used. |
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What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
I think there would be an explosion of interest in cryptocurrency leading to a faster acceleration of global capital moving into blockchains. Fiat will not be able to compete with cryptocurrency regardless of the legal environment. Its obsolescence became for certain the day the bitcoin genesis block was mined. |
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I'm curious what you all identify as the newest, most significant developments in the Bitcoin industry?
Basically, it's the same old story as before. We've been writing some band-aid code to patch the crippled blocks, talking about various sidechain craziness, and constantly bumping up our fees as we send transactions.    edit: oh yeah, Circle got fed up with the whole freak show and left the building. |
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Blockchains don't really offer anything a bank would need.
They have perfectly good ways of storing and processing transactions already. With Btc addresses and transactions are publicly visible. I don't want my bank account and details visible to the world. Unless you had unique, one shot payment addresses, it would be simple to create a wiki mapping addresses onto organisations and eventually people. Then there is processing. Btc only works as it pays miners to verify transactions. There is no way a bank would give over its processing to a third party that wasn't 100% legit. Would it run all its miners/verification in house? How do you explain the 51% threat to a bank?
The openness of block chains isn't really relevant to huge organisations.
A private blockchain is like a local area network, the access is controlled locally. It is not open like Bitcoin. There would be no 51% threat to the chain and the network could be maintained using minimal CPU power. |
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How a coin starts is unimportant in the grand scope of things. The most important thing is "who" is starting it and "why".
Too many people in this forum are under the false impression that the dev is of paramount importance, or that a certain ICO formula will lead to its success. This is categorically untrue, false, total hogwash.
Bitcoin, the most popular cryptocurrency on earth, started without an ICO and its dev disappeared more than 6 years ago.
I wish more of you would come to realize the opportunity we have to change the entire world's money supply. We are at the dawn of a cryptocurrency revolution, yet most people here do not realize it.
It's time that we all wake up from this sleep and come together and bravely build this new world. And we don't need 10,000 different cryptocoins to make that happen.
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You don't think that Satoshi would be THE person making the decision on this? What's stealing if the guy decides to do this with his own money?
You think he's dead?
This is correct. Most likely, Satoshi Nakamoto is still alive and if he was concerned about the safety of this loot he could always move the coins or make some other sort of provision. This thread topic has inspired me to post a poll on my twitter account and so far everyone thinks he's alive and well. 
https://twitter.com/realmicroguy/status/820823365770498048~~ I think tampering with Satoshi's coins would be in "grave" error and insult, completely undermining his goals, his dreams, and the protocol he invented that makes possible the trustless bitcoin system. |
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Coins devs are like everyone else. They need shelter, food, and heat. Most all the devs I work with have jobs outside of cryptocurrency so they can support themselves.
I guess the answer really must be looked at on a case-by-case basis. I'd say it really all depends on what each particular community wants and needs. After all, when we're talking about a currency, what we're really talking about is a community. All the technical things are trivial.
I wish we had more money to pay our devs. They work so hard and share their time generously, never complaining. In fact, almost all of the complaints I hear come from those that contribute nothing and build nothing.
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Just focus to HILL, GBC, PRES, TRUMP and TCOIN and you will make a giant profit!!. For today Stop investing on hill and start investing XSTC! good chance to buy 8sats
You promise giant profits but fail to provide any justification for these picks. And even if you had taken the time to do so, there's no way to guarantee someone will make a profit. In reality, most short-term traders lose money. The best way to be successful is to take a long-term view and work to contribute to the currencies you own. Share your talent and passion, apply it generously within the communities. This is the secret sauce, this is what nobody tells you. Best of luck to all and thank you for reading. I've been at this full time now for 4 years and still learning everyday. |
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Since some times ago, I'm very interest with some project make a new altcoin with owner application. I read on Github, but still don't understand about it, so who anyone can explain to me as simple as possible, so it'll easy to understanding. Because, I want to make another altcoin but this basic in use for daily activities, not just for make altcoin with many bullshit promise.
There are many altcoins out there already that could use good men. What about helping an existing coin? You could think about it as getting on-the-job training and then maybe start your own currency in the future after you get a little experience. I've been at this four years now and I'm only just now beginning to understand what it takes. |
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Although this thread proves that there is no censorship on the forum.........  well unless theymos has taken the night off ? lol Theymos never checks the forum anymore, I have 16 unanswered PM's sent to him as evidence.   |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
The most obvious answer is altcoins, but it's a treacherous ocean and takes experience to safely and profitably navigate. |
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Hello Friends..
Can I store my bitcoins in my computer without using any online wallet like coinbase and Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?
The answer is, Yes! I use Electrum as my local bitcoin wallet and it works pretty good. |
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